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Tag: Lupaka Gold Corp

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Precious Metals Update – Ready, Set, GOLD!

If it looks like a bull market (technical breakout in gold), smells like a bull market (significant negative yielding debt) and feels like a bull market (funds flowing into gold), it must be a bull market. Our analysis shows that equities in smaller sized companies outperform during a bull market. However, not all junior miners are created equal, and we believe there are three keys to picking them.

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Red Cloud | redcloudfs.com

Lupaka Gold Corp (TSXV:LPK) – LPK Sampling Program Confirms Grades & Continuity

Lupaka Gold Corp. (TSXV:LPK) completed an underground sampling program, reporting similar and higher grades than outlined in the company’s recently announced PEA for its Invicta project. Sampling targeted the 3400 Level Atenea Vein, with average results returning 9.86 g/t AuEq over 130m (width 6.1m), in the footwall vein and 7.00 g/t AuEq over 70m (width 6.0m) in the hanging wall vein split.

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Red Cloud | redcloudfs.com

Lupaka Gold Corp (TSXV:LPK) – Lupaka Secures Funding to put Invicta into Production

Lupaka Gold Corp. (TSXV:LPK) has reported that it has secured the necessary funding required for the rehabilitation, preparation and development work at the Invicta Gold Development Project, which the company hopes to advance towards production in H2 2018. The company received $2.5M in proceeds from Tranche 3 of the total $7M Pre-Paid Forward Gold Purchase Agreement with PLI Huaura Holdings LP, as well as approximately $3M from the sale of 3.1M shares in GoldMining Inc. (TSXV:GOLD).

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