Author: RCFS Web
May 10, 2022 Electra Battery Materials Corp. (TSXV:ELBM, BUY, C$0.80 target, David A. Talbot) provided final drill results from its 2021 program at its 100%-owned
Lumina Gold (LUM) reported drilling results at its 100%-owned Cangrejos project in Ecuador. These results are from 15 holes which largely consisted of infill drilling, including six from the Cangrejos deposit and nine from Gran Bestia. In our view, while infill drilling rarely yields surprises, these results include several holes that encountered gold grades well above the resource grade (0.73 g/t AuEq Indicated, 0.53 g/t AuEq Inferred). This is true of both the breccia in Gran Bestia and the high-grade vein in the Cangrejos deposit. Moving forward, if drilling continues to demonstrate the continuity of these higher-grade pockets, they could significantly boost project economics.
May 9, 2022 South Atlantic Gold Inc. (TSXV:SAO, BUY, C$0.20 target, Taylor Combaluzier) announced that it has completed the trenching portion of its Phase II
May 6, 2022 Graycliff Exploration Ltd. (CSE:GRAY, Not Rated, Taylor Combaluzier) reported results from nine drill holes at its 100%-owned Shakespeare gold project near Sudbury,