Terraco Gold Corp.

Terraco Gold Corp. is a gold royalty/mining company with a gold project portfolio that includes a gold royalty and net smelter royalty option (up to 3%) on the Spring Valley gold project, which is a joint venture among the world's largest gold producer, Barrick Gold Corp. (75%), and Midway Gold Corp. (25%). A new gold resource was released in August 2014. Terraco also controls over 35 km sq of early-stage exploration potential (the Moonlight project) adjoining the Spring Valley project joint venture on the north side. In addition, Terraco has an advanced-stage gold project in Idaho (the Nutmeg Mountain/Almaden project) that hosts an NI-43-101-compliant gold resource.

Expert Comments:

"I am very high on Nevada and the Carlin Trend of gold mines operated by juniors such as Terraco Gold Corp. Terraco. . .has a nice royalty position in a property that is being developed there by Midway Gold and Barrick Gold. . .once the Barrick mine goes into production, Terraco will receive a royalty of a few percent based on the net smelter basis. Terraco's value is enhanced by that potential royalty stream. . .I know the management of Terraco quite well—Todd Hilditch, Charlie Sulfrian—the company geologist—and Matt Johnston. Having a fantastic geologist like Charlie on the team makes a major difference." read more >

"Terraco Gold Corp. has royalties on the northern part of the Spring Valley project, where the majority of the current resource lies. Having a senior producer such as Barrick Gold Corp. as the developer is a positive for a company like Terraco." read more >

Ian Gordon, Ahead of the Herd (9/30/14)
"I consider Terraco Gold Corp.'s management as good as any in the junior mining space. A simple way to describe the company's management might be 'good but not flashy'. . .it is focused, honest, hardworking and committed to enhancing shareholder value in the company."

Ian Gordon, Longwave Group (9/23/14)
"Terraco Gold Corp. owns a gold net smelter royalty on almost all the Spring Valley deposit in Nevada. . .this royalty is not being reflected in the company's current share price, and because of that, Terraco's share price is undervalued by perhaps as much as 50%."

Deborah Bacal, Proactive Investors (8/13/14)
"Terraco Gold Corp. reminded shareholders on Wednesday of its royalty interests in Midway Gold Corp.'s joint venture Spring Valley project with Barrick Gold Corp, where earlier this week resource estimates were bolstered and capital budgets increased. . .on Tuesday, Midway announced an updated mineral resource estimate, which reflected 4.37 Moz in the Measured and Indicated category, an increase of 102% from the previous 2011 estimate, with an additional 1.07 Moz in the Inferred category. Average grade in the Measured and Indicated category also increased by 20% from the previous estimate."

"Terraco Gold Corp. has bought a net smelter return of up to 3% on claims covering the vast majority of the currently outlined Spring Valley deposit. . .Terraco owns a project called Moonlight, which is located at the north end of the Spring Valley project. North of Moonlight is Renaissance Gold Inc.'s Fourth of July project. Renaissance just signed an exploration agreement with Sumitomo Corp.'s U.S. subsidiary Summit Mining Exploration to earn up to 70%. If you picture it on a line, on strike, you've got the Rochester mine, Spring Valley, Terraco's Moonlight and Fourth of July. So what we have is Terraco's Moonlight property sandwiched right in between Barrick and Sumitomo. Plus Terraco has the royalty on Barrick, and 864 Koz gold at its Almaden project in Idaho. You can see why I'm pretty excited about Terraco." read more >

More Comments

Experts Commenting on This Company

The information provided above is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.
Terraco Gold Corp. Content