Things

Teranga Gold

  • The metals are in need of some good consolidation and profit-taking. I believe the gold bears have lost their grip and can inflict only short and rather shallow downdrafts.
  • In this video, Michael Gentile was quite open on his vision of a major M & A in Quebec that I have spoken about.
  • Two important resource updates from Raddison Mining and Big Ridge Gold are on the horizon. There’s reasons to the be optimistic on both. Both stocks have come off their bottoms nicely.
  • American Pacific Mining should soon be engaged in a phase II programs on its two, wholly-own projects, with much anticipation to see up to $40 million spent in 2023 by its two big partners on JVs in Alaska and Montana.
  • Amex Exploration has 5 drills turning so steady flow of results is expected in the weeks and months ahead.
  • Arizona Metals News and Research Report from Beacon AMC-2023-01-17.pdf  Just remember, only 3% of the strike has been tested and this is really good to see step outs south and north with mineralization. As the company said in its release, “The drill results reported today, located 300 metres north of the Kay Mine Deposit, confirm our opinion that the Kay Mine Deposit is potentially part of a much larger mineralized system, typical of what is encountered in other VMS camps around the world. We expect that infill and extensional drilling at the Kay Mine Deposit will continue to expand and improve confidence in its size potential.”