With a degree in Geological Sciences from the University of Toronto, Thomas started his career in the 1990s as an exploration geologist in the famous Timmins mining camp in Northern Ontario. He then moved to Vancouver and took a position as staff Journalist at the well-known mining publication, The Northern Miner, reporting the merits and shortcomings of Canadian exploration and mining projects worldwide. This built a foundation for his later work as a Mining Analyst for the Toronto-based institutional investment firm, Fraser Mackenzie. Thomas is currently based in Vancouver working as an independent mining analyst.
Bralorne Gold Mines has worked diligently over the past few years to put its namesake mine back into production. In order to increase production and improve the overall economics of the mine, the company is still working to prove up resources as well as expand and rehabilitate mine workings. A $5-to-$7.5 million cash infusion from the current financing will go a long way towards achieving its resource and production expansion goals.
With the discovery of the Nine Iron trend plus the intersection of high grade uranium in the J4 Zone within the Lac 50 trend, Kivalliq Energy (TSXV:KIV) continues to demonstrate that its 100%-owned Angilak property in Nunavut has district-scale uranium potential.
Big North Graphite has purchased the rights to three past producing underground graphite mines. The company is believes it can capitalize on the upswing in graphite market and quickly re-start these mines and reap the rewards of near term production.
Focus Graphite has a very high-grade, high quality deposit that currently commands higher graphite prices (on average) than its main competitor. An off-take agreement will be the next major catalyst for the company as it advances towards production.
Kivalliq’s aggressive exploration campaign has identified numerous promising new zones of uranium mineralization and the company continues to expand and advance its current resource base demonstrating “District Scale” potential of the Angilak Property. As a further endorsement to its success, Kivalliq continues to attract high-caliber team members.
Over almost two decades, Barkerville Gold Mines and its last incarnation, International Wayside Gold Mines, have tirelessly assembled and explored their extensive 1,177 sq km land package in the Cariboo District of British Columbia. With gold production underway at one small operation and permitting just acquired for another, Barkervile has raised some eyebrows with this massive 10 million ounce resource announcement.
At a time when many junior exploration companies are struggling to secure financings – at any price – Kivalliq Energy (TSXV:KIV) has announced it has raised $11.5 million in a bought deal financing agreement at a premium to its market price.
Yellowhead Mining’s (TSXV:YMI) recently released Harper Creek Copper project feasibility study shows the potential for an economically robust copper mining operation based on long term average copper prices of $2.50 per lb copper.
Standard Graphite (TSXV: SGH) has recently inked a deal to acquire the Mousseau East graphite deposit, situated just 50 km from Timcal Canada’s producing Lac-des-Iles graphite mine.
This acquisition provides Standard Graphite with an advanced flagship project that if proven to be metallurgically attractive can potentially be fast-tracked to production.
With its new 1.02 million oz. Measured and Indicated (M&I) resource estimate, Helio Resource Corp (TSXV:HRC) will now look to attach some economic parameters to its SMP gold project via a Preliminary Economic Assessment. However, the junior company is far from finished delineating resources at SMP since only 4 of 30 gold targets have seen enough drilling to attach a resource estimate.
