March 2013 Stock Catalysts

The following companies have significant upcoming news catalysts that are expected in the next 30 days which have the potential to move the listed companies’ stock: Quest Rare Minerals Ltd. (TSX:QRM), Tungsten Mining NL (ASX:TGN), Orbite Aluminae Inc. (TSX:ORT,OTCQX:EORBF), Largo Resources Ltd. (TSXV:LGO), Highbank Resources Ltd. (TSXV:HBK), Avanti Mining Inc. (TSXV:AVT), Geologix Explorations Inc. (TSX:GIX), Prosperity Goldfields (TSXV:PPG), Alpha Minerals Inc. (TSXV:AMW), NSX Silver Inc. (TSXV:NSY), Search Minerals Inc. (TSXV:SMY), and Trevali Mining Corp. (TSX:TV)

 Prosperity Goldfields (TSXV:PPG)

Prosperity Goldfields (TSXV:PPG) has just commenced a 4,000 metre, 18-to-20 hole drill program on its Kiyuk Lake gold project in Southern Nunavut. Investors should be on the lookout for the first set assay results in April. The company has a market capitalization of $53 million.

 Alpha Minerals Inc. (TSXV:AMW)

Alpha Minerals Inc. (TSXV:AMW) is aggressively drilling the Patterson Lake South uranium project in the Athabasca Basin in Saskatchewan. I expect the company to release additional assay and scintillometer results from its 8,000 metre 40-hole drill program shortly. The company has a market capitalization of $45 million.

*** Update: Catalyst Achieved ***

 Geologix Explorations Inc. (TSX:GIX)

Geologix Explorations Inc. (TSX:GIX) anticipates SRK will complete its Pre-feasibility Study on the Tepal gold-copper project in Mexico in the 1st quarter of 2013. The company has a market capitalization of $25 million.

*** Update: Catalyst Achieved *** 

 NSX Silver Inc. (TSXV:NSY)

NSX Silver Inc. (TSXV:NSY) has commenced a phase 2 drilling program on its Dios Padre Silver project in Mexico. Investors may see initial results from the 3,000 metre, 15-hole drill program in April. The company has a market capitalization of $4 million.

*** Update: Catalyst Achieved ***

 Search Minerals Inc. (TSXV:SMY)

Search Minerals Inc. (TSXV:SMY) expects Roscoe Postle Associates to complete a new Preliminary Economic Assessment to evaluate an open pit – underground mining scenario on its Foxtrot Rare Earth Element deposit in Labrador, Canada. The focus will be on the FT-3 high grade mineralized zone. The company has a market capitalization of $2.1 million and anticipates that the report will be completed in the first quarter of 2013.

*** Update: Catalyst Achieved ***

 Quest Rare Minerals Ltd. (TSX:QRM)

Quest Rare Minerals Ltd. (TSX:QRM) is expecting to receive a Pre-Feasibility study on its Strange Lake Rare Earths project located 225 km northeast of Schefferville, Québec and 125 km west of the Voiseys Bay nickel-copper-cobalt deposit, eastern Labrador. In late October last year, Quest tabled an updated resource estimate on the B-Zone. It contains an Indicated Resource of 278.1 million tonnes grading 0.93% TREO+Y (Total Rare Earth Oxides plus Yittrium), 1.92% zirconium oxide (ZrO2), 0.18% niobium pentoxide (Nb2O5), 0.05% hafnium oxide (HfO2), containing a higher-grade “Enriched Zone” of 20.0 million tonnes 1.44% TREO+Y, 2.59% ZrO2, 0.34% Nb2O5 and 0.06% HfO2. The B-Zone hosts a further Inferred Resource of 214.4 million tonnes grading 0.85% TREO, 1.71% ZrO2, 0.14% Nb2O5 and 0.04% HfO2. The company currently has a market capitalization of $69 million.

 Tungsten Mining NL (ASX:TGN)

Tungsten Mining NL (ASX:TGN) is focused on evaluating its wholly-owned Kilba Tungsten project in Western Australia. The company completed the first phase of a three phase (40 hole) drill program in mid-December 2012. We expect to see assay results from the first eight diamond drill holes soon. These holes were drilled as twins to selected core holes drilled by Union Carbide in 1981 in order to verify the accuracy of previous work on the property. The company has a market capitalization of $16.2 million.

  Orbite Aluminae Inc. (TSX:ORT,OTCQX:EORBF)

Orbite Aluminae Inc. (TSX:ORT,OTCQX:EORBF) is in the process of commissioning its 2,600 sq. metre high-purity alumina (HPA) plant in Cap-Chat, Quebec, Canada. The plant is expected to become fully operational in the first quarter of 2013. Orbite plans to license its technologies to well-qualified alumina producers who want to reduce their environmental footprint. Non-commercial production of HPA will continue throughout commissioning at a rate of less than one tonne per day. The first HPA samples for customers in Europe, America and Asia will be shipped as the material becomes available throughout the first quarter of 2013. The process used by Orbite to produce HPA is unique and patented. It differs significantly from the rest of the HPA industry and is expected to produce higher purities at lower production costs than existing producers. The company has a market capitalization of $485 million.

  Largo Resources Ltd. (TSXV:LGO)

Largo Resources Ltd. (TSXV:LGO) is steadily advancing its Maracas Vanadium Project in Bahia, Brazil towards production. Construction and assembly of all the main components of the process plant will continue through to commissioning in the fourth quarter of 2013. The company reports that current construction activities are on schedule and on budget. The next milestone will be the commissioning of the water pipeline which will provide fresh water to the Project. It is currently about 90% complete and commissioning is anticipated in February, 2013. Work on the electrical power line is continuing with pre-commissioning targeted for mid-year. The company has a market capitalization of $181.31 million.

  Highbank Resources Ltd. (TSXV:HBK)

Highbank Resources Ltd. (TSXV:HBK) holds a 100% interest in the Swamp Point North aggregate deposit, a +70 million tonne tidewater aggregate gravel tenure in northwestern British Columbia, Canada. Last month the company received an acceptance of the License of Occupation (“LoO”) renewals for both the sand and gravel quarry area, and the barge loading foreshore tenures. The LoO includes acceptance of the Tenure over Crown Land and the Management Plan. The next milestone is acceptance of the Notice of Work which will allow the Company to commence development and move toward production of the Swamp Point North aggregate deposit. The company has a market capitalization of $3.46 million.

  Avanti Mining Inc. (TSXV:AVT)

Avanti Mining Inc. (TSXV:AVT) is in the permitting stage of its Kitsault Molybdenum Mine Project, located 140 km northeast of Prince Rupert, British Columbia. The BC Environmental Assessment Office has submitted its report to the BC Minister of Energy, Mines and Natural Gas and the Minister of Environment for issuance of the Environmental Certificate. The company is now waiting for the Ministers to make their decision on the Kitsault Project Environmental Assessment certification. Kitsault mine plan calls for a total of 228 million tonnes of proven and probable reserves grading 0.083% molybdenum and 5.0 g/t silver to be mined over a 16-year mine life, producing 374 million pounds of molybdenum and 14.4 million ounces of silver. The company has a market capitalization of $36 million.

*** Update: Catalyst Achieved ***

  Trevali Mining Corp. (TSX:TV)

Trevali Mining Corp. (TSX:TV) is expecting to commence production at its Santander zinc-lead-silver mine as well as in the former-producing Huampar silver mine, both located in the Central Peruvian Polymetallic Belt. Mine commissioning is anticipated to commence at the Santander operation in Q1-2013 with subsequent ramp up to full 2,000-tonnes-per-day production. Trevali has a market capitalization of $191 million.

*** Update: Catalyst Achieved ***

The Conversation (0)
Ă—