Vancouver-based Blue Sky Uranium Corp. (TSX.V: BSK), barely out of the starting gate, makes no bones about its international ambitions.
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Yale Resources (TSX.V: YLL) has received further indication from its past producing La Verde Grade mine that a high-grade, potentially multi-million tonne resource may remain in and around the historic workings on the company’s 100% owned property.
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With the ink barely dry on its latest African acquisition, PMI Gold Corp. (TSX.V: PMV) is now looking for the big money that will get its gold properties into production.
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ValGold Resources’ (TSX.V:VAL) latest news suggests that management has hooked a big one with its newest acquisition in Guyana.
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Although Goldcliff has thus far focused on reporting drilling results from a few high-grade zones on the property, according to Sanders, Panorama Ridge in fact has substantial bulk tonnage, open pit potential. In addition to the high-grade gold that Goldcliff is drilling, Sanders explains that in today’s gold market the low-grade material at Panorama is becoming economic, and in turn substantially increasing the potential size of the Panorama resource.
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Instead of running with risk in view of huge oil findings, the company maintains a conservative approach based on guaranteed opportunities and diversification on drill-ready or existing wells within Canada.
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In a meritocracy, the pure, rich cream floats to the top. It’s where people are selected competitively according to merit, talent, motivation and effort, based on the idea that positions of responsibility and prestige should be earned. Kootenay Gold and its team are an example of just that.
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All dreams, rumors, and other Fleetwood Mac references aside, Bayfield Ventures (TSX.V:BYV) really is at the “Edge of 17” as it gets set to drill its newly acquired parcel of land adjacent to Rainy River Resources’ (TSX.V:RR) #17 gold zone. Management has successfully negotiated a deal to tie up certain patent mineral rights totaling 80 acres (known as Parcel #15961) in the Richardson Township.
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Grenville is progressing toward its eventual goal of production on Silveria. A partner providing a mill will be an important next step to secure cash flow from the project, however, even more important for the Grenville team at this point is to determine the value of the mineralized rock they send through the mill.
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PMI Gold (TSX.V:PMV) has closed its deal with Nevsun Resources (Barbados) to acquire the Kubi Gold project in Ghana’s Ashanti Gold Belt. This latest acquisition rounds out the company’s existing portfolio to four past-producing Ghanaian gold properties, giving PMI control of a total 698 sq km in the Golden Triangle.
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Investors looking for Alberta energy stocks would do well to notice Pennant Energy Inc. [TSXV: PEN] a promising oil and gas firm that trades on the TSX Venture Exchange. This company enjoys good cash flow from 15- 45 % interest in eight oil wells in Manitoba’s Daly Field, producing medium grade crude from the Lodgepole and Bakken formations.
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Goldcliff Resources is making solid progress on exploration programs this year, and the company’s recent activity underscores that fact.
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