“The interesting thing about that as well is that the (Urban-Barry) belt itself is basically owned by Gold Fields, except for the three large properties that Harvest Gold has in the belt,” said Harvest Gold President and CEO Rick Mark.
Harvest Gold (TSXV:HVG) President and CEO Rick Mark believes the company has a strong position in Québec's Abitibi greenstone belt, emphasizing the highly prospective Urban-Barry belt, "a very well-known mine-producing belt."
In an interview with the Investing News Network, Mark also honed in on Québec's supportive mining environment and accessible properties, which keep exploration costs "relatively very inexpensive."
“The exciting thing about the Urban-Barry belt is it contains a (gold) deposit called Windfall, which Gold Fields (NYSE:GFI) just bought from Osisko Mining,” Mark noted. “Now, the interesting thing about that as well is that the belt itself is basically owned by Gold Fields, except for the three large properties that Harvest Gold has in the belt.”
The company's flagship Mosseau project is a priority, with historic drilling in the north showing "some very nice results," while the central area, previously unworked, is now yielding positive prospecting and geochemistry results. Harvest Gold plans to secure financing in June and begin drilling in July, with results expected in September or October.
"You want to be holding the stock before these results (are released)," Mark told investors.
Although today's high gold price has not fully translated to junior financings due to shifts in investor interest, Mark stressed the "dramatic" returns possible from discoveries in the junior space, drawing parallels to past successes. He affirmed Harvest Gold is de-risking the project as much as possible, with huge potential for discovery.
Watch the full interview with Rick Mark, president and CEO of Harvest Gold, above.
Jeffrey Christian, managing partner at CPM Group, shares his latest thoughts on gold, silver and platinum-group metals, outlining potential price scenarios for the months ahead.
He also discusses his broader outlook for the US economy.
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Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.
Frank Holmes of US Global Investors (NASDAQ:GROW) shares his outlook for the gold price in 2025 and the years ahead, laying out the factors driving the metal.
"I think it hits US$4,000 (per ounce), and before Trump is finished his term as president it will be US$6,000. That's where I think it's heading for a host of reasons," he said.
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Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.
Rob Crayfourd and Keith Watson of Golden Prospect Precious Metals and CQS Natural Resources Growth and Income share their thoughts on gold and silver.
Honing in on where they see potential in terms of stocks, the co-fund managers said they currently favor producers with strong management, a good orebody and a positive growth profile.
Don't forget to follow us @INN_Resource for real-time updates!
Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.
Jp Cortez, executive director at the Sound Money Defense League, breaks down what to know about the Gold Reserve Transparency Act, a measure to audit the gold in Fort Knox and other places where America's gold is purportedly stored.
"A space on X will not suffice, and is not a substitute for a true assay, a true audit of every single transaction that that gold was involved in," he said.
Don't forget to follow us @INN_Resource for real-time updates!
Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.
The CEO of Lithium Africa is making a case for investing in lithium during the current bear market, saying recent moves by major players such as Rio Tinto (ASX:RIO,NYSE:RIO,LSE:RIO) indicate confidence in the market's longer-term potential.
“(Rio Tinto) is the second biggest miner of commodities on the planet. And late last year, they did the Arcadium Lithium transaction, which is the second largest transaction in corporate history, and they've picked lithium," Tyron Breytenbach said during an interview with the Investing News Network.
"Shortly after that, they followed on with a big, multibillion-dollar investment in Chile. Again, the commodity they picked was lithium."
Lithium Africa is advancing a portfolio of lithium exploration assets in Africa, and has established a strategic partnership with Ganfeng Lithium (OTC Pink:GNENF,HKEX:1772), a major producer of lithium battery products.
Breytenbach said Ganfeng sees the company’s potential to make a discovery and become a low-cost source of lithium. In return, Lithium Africa can take advantage of the capital and chemical expertise Ganfeng offers.
“We're planting the seeds now that investors are going to reap when the next (lithium) bull market comes back … And I think when the market comes back, we're going to be the leader in Africa,” he said.
Watch the full interview with Tyron Breytenbach, CEO of Lithium Africa, above.
