The Gold Report
Notable Quotes
"ICG has closed a CA$2.5M flow-through placement." (12/24/15) Integra Gold Corp. - Thibaut Lepouttre, Caesars Report More >
"The exploration upside at MAG's Juanicipio project is substantial." (12/23/15) MAG Silver Corp. - Gwen Preston, Resource Maven More >
"AKG's management continues to deliver on its development milestones." (12/22/15) Asanko Gold Inc. - Nana Sangmuah, Clarus Securities More >
"We are initiating coverage on KDX with a Buy rating." (12/21/15) Klondex Mines Ltd. - Don Blyth, Paradigm Capital More >
"VIT's Eagle is a shovel-ready, fully permitted, prefinanced gold project." (12/17/15) Victoria Gold Corp. - Tom Hayes, Edison Investment Research More >
WMV Discusses Plans for Summer Field Season
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Exploration Insights (05/01/2011)
"Wolverine Minerals recently discussed their plans for the upcoming summer field season on Yukon projects within the Tintina Gold Belt. . .essentially, WLV plans to spend in the order of $5M on eight core projects, plus a bit on rapid reconnaissance over a few other areas. At this stage, it is not possible to gauge which of the eight offers the highest potential, that's what the initial exploration work will determine. By mid-summer, the company should have a good handle on where to begin drilling. WLV has contracted experienced field personnel from Archer Cathrow and will also be employing about eight of its own people to ensure that the work goes as rapidly and efficiently as possible. I intend to visit some of their projects in mid- to late-August, after there is enough data on which to form some sort of opinion. The company only has about $1.9M and will undoubtedly be raising money shortly. The current share structure consists of 34 million outstanding and 39.6 million fully diluted. At $0.59, the market capitalization is $20M ($23.4M fully diluted). WLV is a relatively inexpensive Yukon play with solid projects and management." |
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