Call Us TODAY 1-877-919-5979
Mawson has announced that it has successfully drilled a new zone, Rumajärvi, that is coincident with a boulder train and geophysical target. This new discovery is outside the current resource area. We are maintaining our fair value of C$0.79/sh (unchanged) however, today’s results could define upside beyond our current estimate that the existing resource is likely to double with 2019 drilling.
SolGold has released surface exploration results from its Coangos target which returned high copper grades in southern Ecuador and bring the company’s total priority-target count to 12 (up from 11). Exploration adds further optionality to SolGold’s assets in Ecuador and we expect the coming PEA at Alpala should demonstrate that the company is undervalued at current levels.Highlights:
Orford has secured a C$2.3M strategic investment from Alamos Gold Inc. (TSX:AGI) in exchange for a 19.3% equity stake in Orford – the funds are expected to be used to kick-start Orford’s 2019 exploration program at the Qiqavik Project in the Cape Smith belt of northern Quebec. We view Orford as an inexpensive call option on a highly prospective district scale exploration play and believe the company could re-rate on the first hint of drilling success.
Red Cloud Klondike Strike Inc. is registered as an Exempt Market Dealer (EMD) in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, New Brunswick, Nova Scotia, Prince Edward Island, Newfoundland & Labrador, and Yukon.
Red Cloud Klondike Strike Inc. connects mining companies with suitable investors that qualify under available regulatory exemptions. For example, in Canada, according to National Instrument 45-106, Prospectus and Registration Exemptions. Similar laws and regulations apply in other jurisdictions. Companies presented on this website are considered to be highly speculative and, as such, are suitable only for purchasers who can tolerate the highest level of risk including the loss of their entire investment.
© Copyright 2018 Red Cloud Klondike Strike Inc. All rights reserved.