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 >
AVL: Nechalacho Site Visit
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ERIC ZAUNSCHERB, Canaccord Genuity
(09/09/2010)
"We recently visited the Nechalacho rare earth element (REE) deposit, part of the Thor Lake project in the NWT, Canada. Bottom line, Avalon's Nechalacho REE project represents the second-largest undeveloped REE deposit globally, the second largest in higher-value HREE and the third largest in niobium. The low uranium and thorium contents (~30 ppm and 130 ppm, respectively) are positive attributes, in terms of permitting. Key catalysts going forward include a resource update imminently, pilot plant testing by year-end, First Nations agreements by year-end and a bankable feasibility by Q112. We expect Avalon's budget for the next two-and-a-half years to be close to CAD$50M and the company's financing strategy to crystallize over the next few months." |
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Under SEC rules, analysts are required to disclose their interest in securities that they cover. We strongly encourage you to contact them to understand any potential conflicts of interest they may have.
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