Mountain Boy Minerals – Looking ahead to the drill programs at the American Creek Property and the other assets in the Golden Triangle
Lawrence Roulston, President and CEO of Mountain Boy Minerals (TSx.V:MTB – OTCQB:MBYMF) joins to discuss the panned exploration program at the American Creek Project in the Golden Triangle. We focus on the overall plans that are targeting the high grade gold mineralization. We also touch on work plans for the 5 other projects that the Company owns all in the Golden Triangle.
Please email me with any questions you have for Lawrence regarding Mountain Boy Minerals or the broad PM sector. My email address is Fleck@kereport.com.
Click here to visit the Mountain Boy website and read over the recent news.
Viscount drills 18.6 m of 147.6 g/t Ag at Silver Cliff
2021-06-02 07:50 ET – News Release
Mr. Jim MacKenzie reports
VISCOUNT MINING DRILLS 147.6 G/T SILVER OVER 18.6 METERS, INCLUDING 10 METERS AT 236 G/T SILVER AT SILVER CLIFF COLORADO
Viscount Mining Corp. has received the first hole of ten drilled in our second phase of a three-phase drill program at its Silver Cliff property in Colorado.
First hole ……. likes kind of good……. jmo
Wallbridge drills 38.1 m of 4.99 g/t Au at Fenelon
2021-06-02 06:37 ET – News Release
Mr. Marz Kord reports
WALLBRIDGE FURTHER EXPANDS HIGH-GRADE DOMAINS OF TABASCO-CAYENNE ZONES AT FENELON
That’s another nice drill hit from Wallbridge. I continue to be amazed that WM remains in the penalty box when they keep having solid exploration results, a growing resource, a phenomenal land package in Detour Lake, higher average grades than the Detour Lake mine next door that Kirkland Lake bought a year or so back, and Wallbridge has so much room to expand their resources into a world class deposit beyond what their neighbor’s mine has. In addition to all that they have the nickel resources at Grasset, that aren’t getting any value at present.
There are other development plays like Wallbridge that are still not reflecting where they should be valued based on their ounces in the ground and economics, (O3 mining, Bonterra, Treasury Metals, Falco, Triumph, etc… come to mind as well). This is why, even if Gold were to pull back to $1700 or $1800, I still believe these gold developers have a long ways to run. At $1900 gold, these projects are not valued anywhere close to where we saw gold projects back in the last cycle in 2011 (where most were 2-3 times higher valuations at the same gold prices).
Stop giving the bears any thought of a PULL BACK to $1700…. You being the new captain on the ship,…. might entice them to use their imagination and mess with the charts… lol 🙂
Haha! Well, the bears were thinking much lower than $1700 just 2 months ago, with a chorus of calls that gold was imminently heading down into the low $1600’s or high $1500’s, and we saw just the opposite, with Gold climbing up over $1900 to close last month.
My point was more that the gold development plays (and producers for that matter) would be plenty fine at $1700 gold or $1800 gold, and are still valued like they are at at $1500-$1600 gold, and nowhere near the valuations we saw back in 2011 when the metals were last at these prices.
I was enticing folks to use their imaginations on where these mining stocks should be valued at current metals prices, and to mess around with those figures instead. 😉
Osisko Development drills 15m of 23.32g/t Au at Cariboo
2021-06-02 08:14 ET – News Release
Mr. Chris Lodder reports
OSISKO DEVELOPMENT INTERSECTS 23.32 G/T OVER 15.0 M ON ISLAND MOUNTAIN AT CARIBOO AND ANNOUNCES THE GRANT OF REPLACEMENT RESTRICTED SHARE UNITS