Impact: Positive Brixton has released the remainder of its phase one drill results from Hudson Bay and is now focusing drilling on its nearby Langis property also in Ontario’s Cobalt Camp.
Impact: Positive Initial results from regional exploration are encouraging, supporting the potential for diverse discoveries across the company’s prospective land package.
Impact: Positive Recent exploration at the company’s Lost Cities – Cutucu Project has revealed an entirely new epithermal system, now called the “Charip” target, which is completely separate from its cluster of targets at Latorre and its Awacha porphyry target.
Novo Resources Corp. (TSXV:NVO) – Preliminary Results from Larger Bulk Sample Look Good; Grade Expected by End of May
Impact: Positive Novo Resources announced preliminary results from its larger bulk sample program at Comet Well, and while the market appears to have expected grade, a rough estimation of grade and location of the sample are very encouraging in our view.
Impact: Positive Tinka reported more positive results from Ayawilca, highlighting the project’s potential for resource expansion as the 15,000m drill program continues.
Impact: Mildly Positive NxGold has discovered more gold nuggets and provided an update on its maiden mapping program at its Mt. Roe Gold Project in the Pilbara, which is adjacent to properties held by Novo Resources (TSX:NVO) and Artemis Resources (ASX:ARV).
Impact: Mildly Positive Monarques FQ3 2018 production was minimally affected by equipment challenges and planned maintenance, operations continue as usual for a stronger FQ4 2018.
Impact: Positive Anaconda intersected thick higher-grade zone near newly identified fault structure, expanding the gold mineralization down-dip of the existing resource.
Impact: Mildly Positive Adventus Zinc Corp. (TSXV:ADZN) and Salazar Resources Ltd. (TSXV:SRL) reported positive initial results from El Domo.
Impact: Positive Bonterra has announced positive preliminary metallurgical testwork from the Gladiator Gold Deposit, which represents a significant hurdle for the company’s resource development program.