Research Report
Streetwise Reports (5/14/21) Newmont s strategy behind its plan to maintain consistency is explored in a BMO Capital Markets report.
In a May 11 research note, BMO Capital Markets analyst Jackie Przybylowski reported that the key takeaway from Newmont Corp. s (NEM:NYSE) recent virtual roundtable for sellside analysts is that the company offers investors stable and predictable operations and cash flows. We continue to believe Newmont will be a go-to investment for predictable, low-risk, and liquid exposure to the gold sector, which could be topical on growing inflation expectations, Przybylowski wrote.
The analyst explained how the gold producer will be able to achieve these operational and financial ends.
Research Report
Streetwise Reports (5/11/21) Newrange Gold s recent and next steps at its North Birch project are outlined in a Noble Capital Markets report.
In an April 27 research note, Noble Capital Markets analyst Mark Reichman provided an update on Newrange Gold Corp. s (NRG:TSX.V; NRGOF:OTCQB) exploration work at its North Birch project in Ontario. With the completion of the [induced polarization] (IP) survey and proceeds realized from the sale of flow-through units, the company is poised to accelerate progress at its North Birch property, Reichman wrote.
Newrange completed an IP survey over 73.7 line kilometers of the 3,850-hectare property, the analyst noted. It covered most of the eastern portion of the project, including 7 kilometers of strike length along the main target horizon.
Explorer Encounters Significant Copper Mineralization at Spain Project
Research Report
Streetwise Reports (5/6/21) Recent results of Pan Global Resources drilling in the La Romana target at Escacena are covered in an Intrynsyc report.
In an April 13 research note, Intrynsyc Capital Corp. reviewed new drill results from Pan Global Resources Inc. s (PGZ.V:TSX.V) La Romana target at its Escacena project in Spain.
Results are from 11 holes drilled during its phase four program, along strike and to the east. Their purpose was to test and confirm mineralization along the Zone C electromagnetic conductor. Drilling continues to build out mineralization along strike and at depth, Intrynsyc concluded. Four hundred meter (400m) stepouts and downdip extensions continue to expand the footprint of mineralization while adding confidence to additional targets along the 2.5 kilometer strike length.
Robust PEA for Restart of Idaho Mine
News Update This report for Bunker Hill Mining s namesake mine outlines a low cost operation. Our PEA confirms that by maximizing the use of existing resources, partnerships and infrastructure, the Bunker Hill mine has the potential to be restarted rapidly as a low cost, long life, sustainable operation, CEO Sam Ash said in the release.
The report outlined an operation that will produce 550 million pounds (550 Mlb) of zinc, 290 Mlb of lead and 7 million ounces of silver over 10 years of mine life. In other words, it will produce 912 Mlb of zinc equivalent at a grade of 9.3%.
Research Report
Streetwise Reports (4/1/21) A CIBC report discusses Wheaton Precious Metal s acquisition of a gold stream at Santo Domingo.
In a March 25 research note, CIBC analyst Cosmos Chiu reported that Wheaton Precious Metals Corp. (WPM:TSX; WPM:NYSE) agreed to purchase from Capstone Mining a gold stream on future production from its Santo Domingo copper-iron-gold project in Chile for $290 million. This is a good transaction for Wheaton Precious Metals, furthering the relationship with a known partner in Capstone Mining at an asset that is projected to be first quartile in terms of production costs, Chiu wrote.
He explained that with the stream, Wheaton Precious Metals will get 100% of the payable gold production from Santo Domingo up to 285,000 ounces (285 Koz). After that, the company s percentage drops to and remains at 67% for the remainder of the mine s life. Wheaton Precious will make ongoing payments equal to 18% of the spot gold price until the value