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When will the first newsletter be provided? In mid 2018?
“...America's biggest allies and trade partners are promising to fight back against US tariffs that threaten to spark a global trade war.
The European Union, Canada and Mexico said Thursday that they will respond to new US tariffs on steel and aluminum with punitive measures targeting American products worth billions of dollars.
Jean-Claude Juncker, president of the European Commission, said the bloc would move ahead with tariffs that are expected to affect roughly $7.5 billion worth of US exports. It will also lodge a case with the World Trade Organization (WTO)....”
http://money.cnn.com/2018/05/31/investing/us-steel-aluminum-tariffs-response/index.html
How will the new tariffs impact the Price of GOLD?
https://www.marketwatch.com/investing/future/gold
« ...Thomas adds to Kerr momentum
Kerr Mines (TSX: KER) says the appointment of new vice president of projects, David Thomas, adds impetus to its Copperstone gold mine development plans, set to transition the company to producer status next year.... »
http://www.mining-journal.com/leadership/news/1339358/thomas-adds-to-kerr-momentum
« ...Thomas, who will also be Copperstone mine general manager, was a "key addition to the Kerr Mines executive management team", the company said this week.
An engineer with more than 30 years' experience in the industry, Thomas has overseen construction and commissioning of a number of mines including Kupol in Russia for Bema Gold, Fort Knox and Kubaka for Kinross Gold, Kensington and Palmarejo mines for Coeur Mining, Hope Bay for Newmont and Pogo and Red Dog for Cominco.
"On the heels of the successful 2017 exploration program and the positive results of the 2018 preliminary feasibility study, the addition of David to the team provides a catalyst towards the goal of full gold production by the end of 2019," said Kerr president, Martin Kostuik.
"David's accomplishments in the areas of engineering, procurement and construction management in the mining industry are second to none. [He] also brings an array of experience to complement his capital project skills including permitting, financing, mine operations and business development."
« ...Kerr Mines Strengthens Executive Team with Appointment of VP Projects and Mine General Manager
https://globenewswire.com/news-release/2018/05/30/1513681/0/en/Kerr-Mines-Strengthens-Executive-Team-with-Appointment-of-VP-Projects-and-Mine-General-Manager.html
»...TORONTO, May 30, 2018 (GLOBE NEWSWIRE) -- Kerr Mines Inc. (TSX:KER) (OTC:KERMF) (FRA:7AZ1) (“Kerr” or the “Company”) is pleased to announce the appointment of Mr. David Thomas as Vice President of Projects and Copperstone Mine General Manager. This key addition to the Kerr Mines executive management team is central to the Company’s core strategy of moving into production in 2019.
Mr. Thomas is an Engineer with over 30 years’ experience in the mining industry, specifically in constructing and moving mines into production. He has held key roles in constructing mines such as the Kupol Mine for Bema Gold (now Kinross Gold), Fort Knox and Kubaka mines for Kinross Gold, Kensington and Palmarejo mines for Coeur Mining, Hope Bay for Newmont and Pogo and Red Dog for Cominco (now Teck Resources).
In addition, on May 22 the Company also released and filed its NI 43-101 technical report which can be found on SEDAR and Kerr Mines Investor Information web-page.
“On the heels of the successful 2017 Exploration Program and the positive results of the 2018 Preliminary Feasibility Study, the addition of David to the team provides a catalyst towards the goal of full gold production by the end of 2019,” said Martin Kostuik, President Kerr Mines. “David’s accomplishments in the areas of engineering, procurement and construction management in the mining industry are second to none. David also brings an array of experience to compliment his capital project skills including permitting, financing, mine operations and business development.”
Please see SEDAR and http://kerrmines.com/investors/ for recent filing of Q3 Financial Statements and MD&A for the three and nine months ended March 31, 2018.
About Kerr Mines Inc.
Kerr Mines is a North American gold development and exploration company currently advancing the 100% owned, fully permitted past-producing Copperstone Mine project to production. Copperstone is a high-grade gold project located along a detachment fault mineral belt in mining-friendly Arizona. The project demonstrates significant upside exploration potential within a 4,775 hectare (11,800 acres) land package that includes a production history of over 500,000 ounces of gold.
PDF Version of 43-101 technical report available:
http://kerrmines.com/wp-content/uploads/KerrCopperstone_PFS_43-101.pdf
For further information contact:
Claudio Ciavarella
Chief Executive Officer
cciavarella@kerrmines.com
416-855-9305
Cautionary Note Regarding Forward Looking Statements
This news release contains forward-looking statements, including current expectations on the timing of the commencement of production and the rate of production, if commenced. These forward-looking statements entail various risks and uncertainties that could cause actual results to differ materially from those reflected in these forward-looking statements. Such statements are based on current expectations, are subject to a number of uncertainties and risks, and actual results may differ materially from those contained in such statements. These uncertainties and risks include, but are not limited to, the strength of the Canadian economy; the price of gold; operational, funding, and liquidity risks; the degree to which mineral resource estimates are reflective of actual mineral resources; and the degree to which factors which would make a mineral deposit commercially viable are present; the risks and hazards associated with underground operations. Risks and uncertainties about Kerr Mines’ business are more fully discussed in the Company's disclosure materials, including its annual information form and MD&A, filed with the securities regulatory authorities in Canada and available at www.sedar.com and readers are urged to read these materials. Kerr Mines assumes no obligation to update any forward-looking statement or to update the reasons why actual results could differ from such statements unless required by law.... »
”...Legendary billionaire investor George Soros is worried that another "major financial crisis" could be lurking around the corner.
”...Soros, speaking at the annual meeting of the European Council on Foreign Relations in Paris Tuesday, said that rising anti-European Union sentiment, the disruption to the Iran deal, a soaring dollar and investors taking money out of emerging markets are adding up to bad news for the global economy.
"We may be heading for another major financial crisis," he said.
http://money.cnn.com/2018/05/29/investing/george-soros-financial-crisis/index.html
”.... Mr. Chris Hopkins has over 30 years of financial management experience in the resources industry. He has spent most of his career in senior roles with public mining companies, including Kerr Mines Inc, U.S. Silver, Rio Algom, BHP Billiton, Suncor and several Canadian and international junior mining companies. He has broad junior resource experience in the areas of corporate finance, capital markets, mergers and acquisitions, investor relations, financial and management reporting. He has a Bachelor of Commerce from the University of Toronto, and a Chartered Accountant designation and MBA from the Schulich School of Business at York University.
https://www.votefoundersgroup.ca/home
http://kerrmines.com/corporate/chris/
« ...Copperstone Project, La Paz County, Arizona, USA
http://www.investorx.ca/search/00003818/kerr-mines-inc
Large file
“... The impressive exploration upside displayed by the 2017 Phase I program, the historical production of over 500,000 gold ounces and the potential to generate solid positive cash flows by identifying the first four years of gold production, all point toward the opportunity of many more years, beyond the Study time frame, of profitable gold production. In fact, there are 100,000 gold ounces of M& I mineral resources that were not included in the P&P mineral resources, part of which are immediately accessible for drilling and potential inclusion.” Kostuik continued.
“Furthermore, we shall continue our efforts to enhance shareholder value by pursuing other value-adding activities such as conducting an intense 2018 exploration program which is designed to increase mine life,” concluded Kostuik....”
http://www.ourfinancedaily.com/emerging-american-gold-producer-video-tour-kerr-mines-copperstone-continues-to-be-of-significantly-higher-grade-than-most-of-the-deposits-in-the-western-u-s/amp/?source=images
http://kerrmines.com
»...Trump: I 'doubt' China trade negotiations will succeed
President Donald Trump says he doubts trade talks with China will succeed.
His comments come as Chinese officials negotiate with the Trump administration on trade.
« ...President Donald Trump said Thursday that he doubts high-stakes trade negotiations with China will succeed.
"Will that be successful? I tend to doubt it," the president told reporters during an appearance with NATO Secretary-General Jens Stoltenberg. "The reason I doubt it is because China has become very spoiled. The European Union has become very spoiled. Other countries have become very spoiled, because they always got 100 percent of whatever they wanted from the United States."
"But we can't allow that to happen anymore," Trump added.
A Chinese delegation is currently in Washington taking part in talks with top Trump administration officials. The meetings follow a separate round of negotiations in Beijing earlier in the month.
https://www.cnbc.com/2018/05/17/trump-says-he-doubts-china-trade-negotiations-will-succeed.html
ouch!
http://markets.businessinsider.com/commodities/news/gold-price-rout-may-be-over-3-reasons-2018-5-1024876676
KERR MINES INC. CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS THREE AND NINE MONTHS ENDED MARCH 31, 2018 (EXPRESSED IN CANADIAN DOLLARS) (UNAUDITED) Notice To Reader The accompanying unaudited condensed interim consolidated financial statements of Kerr Mines Inc. (the "Company").... »
http://www.investorx.ca/search/00003818/kerr-mines-inc
« ...It has been an exciting start to 2018 for Kerr Mines [TSX:KER] [OTC:KERMF], we recently released the very positive results of our pre-feasibility-study (PFS), a key milestone objective for the Company. As an emerging American gold producer, we have now commenced the process of transitioning Kerr Mines into gold production and cash flow.
“The results of this PFS display the strong near-term production opportunity for the Copperstone Gold Mine and robust returns for our investors. This is just the beginning," says Martin Kostuik, President.
We are pleased today to provide you with a glimpse of our highly advanced gold project in the attached site visit video, and encourage you to subscribe to our Kerr Mines Newsletter.
“The impressive exploration upside displayed by the 2017 Phase I program, the historical production of over 500,000 gold ounces and the potential to generate solid positive cash flows by identifying the first four years of gold production, all point toward the opportunity of many more years, beyond the Study time frame, of profitable gold production. In fact, there are 100,000 gold ounces of M&I mineral resources that were not included in the P&P mineral resources, part of which are immediately accessible for drilling and potential inclusion.” Kostuik continued.
“Furthermore, we shall continue our efforts to enhance shareholder value by pursuing other value-adding activities such as conducting an intense 2018 exploration program which is designed to increase mine life,” concluded Kostuik.
Copperstone Gold MIne PFS Highlights (all values US$ unless otherwise noted):
Base case $1,250/oz gold;
Initial capital of $22.7 million which includes a mine equipment capital lease;
Study life operating margin (EBITDA) of $89M, Internal rate of return of 40%;
Payback of initial capital within 2.3 years of 2019 production start;
Recovery of gold averaging 95% using crushing, grinding and whole ore leach;
Average annual sales of 38,347 ounces gold;
Cash Operating Cost of $684 per gold ounce;
All-in Sustaining Cost (“AISC”) of $875 per gold ounce;
Measured and Indicated (“M&I”) Mineral Resources of 1,124,800 tonnes averaging 7.63 g/tonne gold;
276,100 ounces contained gold in M&I Resource;
Inferred Mineral Resources of 666,000 tonnes averaging 6.81 g/tonne gold;
145,700 ounces contained gold in Inferred;
Proven and Probable (“P&P”) Mineral Reserves of 802,048 tonnes averaging 6.79 g/tonne gold;
175,093 ounces contained gold in P&P Reserve;
M&I gold resources ounces, which are not part of the P&P reserve ounces, are targeted for potential inclusion in the P&P reserves through recommended future drilling;
Inferred gold resources are open for further expansion and conversion through recommended future drilling in the Copperstone and Footwall zones. ... »
Kerr Mines Investor Info:
TSX:KER
OTC:KERMF
**Since 2003, Fundamental Research Corp has provided the highest institutional quality equity research coverage on over 280 small and micro cap public companies. Subscribe to Kerr Mines Gold Newsletter
To connect with us on social media please visit us on Twitter ... »
http://www.prweb.com/releases/2018/04/prweb15424400.htm
http://kerrmines.com/investors/
« ...Michael R. Smith
Technical Advisor
Mr. Smith is a Registered Geologist (SME & Arizona) and senior executive with over 38 years of exploration, development and operations expertise. Previously, Mr Smith was Chief Mine Geologist at Barrick Gold’s Goldstrike Mine and General Manager of Development and Exploration in Peru. He was the Founding CEO and President of Continental Gold and at Vulture Peak Gold where he was responsible for bringing the Arizona gold mine back into production.
Mr. Smith graduated Magna Cumm Laude from Arizona State University (B.Sc.) and has an M.Sc. in Geology from Mackay School of Mines.
http://kerrmines.com/corporate/
http://kerrmines.com/stock-price-chart/
An updated Kerr stock price chart? Hmmm?
« Blue-Sky Gold Potential Right in America's Backyard
« ... On the heels of its newly released prefeasibility report, a Canadian mining company gets the green light on fast production on its fully permitted and built Arizona gold mine where the company continues to make high-grade discoveries on its large land package.
http://www.stockhouse.com/opinion/independent-reports/2018/05/08/blue-sky-gold-potential-right-america-s-backyard
« ...Arizona ranks second in the U.S. for mineral production, with copper topping its list of mineral products, followed by molybdenum, which is often found in tandem with copper. A number of large mining companies are active in the state:
The mining behemoth Freeport-McMoRan Inc. (FCX:NYSE) has five mines open-pit copper mines in the state, and is actively exploring the Lone Star project, which is located adjacent to its Stafford project. The company believes that production from Lone Star could begin in 2021 and could have a 20 year mine life. Lone Star would use Stafford's existing infrastructure.
Resolution Copper is developing another copper mine in Arizona that could become the U.S.'s largest copper mine, capable of meeting 25% of the U.S.'s demand each year. The deep mine, over a mile underground, is being built under the historical Magma copper mine. The company is a joint venture between subsidiaries of two mining giants, Rio Tinto Plc (RIO:NYSE; RIO:ASX; RIO:LSE; RTPPF:OTCPK) and BHP Billiton Ltd. (BHP:NYSE; BHPLF:OTCPK).
"Kerr Mines' Copperstone project is of significantly higher grade than most of the deposits in the western U.S." - Fundamental Research
Arizona is also seeing zinc exploration. Arizona Mining Inc. (AZ:TSX)recently received, four months ahead of plan, all the permits required to construct two exploration declines at its Taylor zinc-lead-silver project in Santa Cruz County. The project currently has a Measured mineral resource of 15.2 million tons grading 9.6% zinc equivalent; 85 million tons grading 10.5% zinc equivalent Indicated; and 43 million tons grading 11.9% zinc equivalent Inferred.
Gold has a much lower profile than copper and zinc in the state. While visitors can pan for gold along several of Arizona's rivers, larger-scale gold mines are as scarce as water in the Sonoran desert.
That is about to change. Kerr Mines Inc. (KER:TSX; KERMF:OTC; 7AZ1:FRA) has been actively exploring bringing the past-producing Copperstone Gold Mine in western Arizona back to life.
Copperstone, located in mining-friendly Arizona, has a lot going for it. The fully permitted mine is built and there is infrastructure on site. It already has a 300,000 ounce resource, and the land package offers lots of exploration potential.
Copperstone was mined by Cyprus Minerals as a heap-leach surface mine from 1989 to 1993, when it was decommissioned. Between 2010 and 2014, a previous junior mining company developed a small underground operation that was put on care and maintenance due to engineering and financial issues, as well as a downward trending gold price. Some 500,000 ounces of gold have been produced at the mine.
Kerr acquired Copperstone in 2014.
The previous owners of the mine had made large investments in infrastructure and drilling. The existing underground access, mill, surface impoundments and related infrastructure are well built and are in sound working condition, according to the company. The infrastructure investments were made relatively recently and cost the previous operator between CA$50 million and CA$60 million; today they would cost over CA$100 million to replicate, Kerr CEO Claudio Ciavarella told Streetwise Reports.
Kerr over the last six months or so has released some eye-popping drill results. On Feb. 21, the company announced that Copperstone hole KER-17U-50 returned a 7.3 meter drill hole interval with 102.7 g/t gold, an off-the-charts result.
On January 15, Kerr announced an increase of 255% of mineralized extents in the Footwall zone, "including an increase of 223 meters of strike and 91 meters of dip extents compared to previously announced Footwall Zone." The company also noted the discovery of a "new and separate Footwall mineralized zone with 105 meters of strike and 240 meters of dip." This area remains open along strike and dip. The company also noted the presence of copper as high as 2.78%, which could be an additional revenue source for the mine.
And on December 5, Kerr noted that hole KER-17U-12's total interval length is 60.5 feet at 27.0 g/t gold, another high-grade result that also increased the down-dip extension of the deposit.
The company released results from its prefeasibility study on April 10.
According to the prefeasibility study, the 300,000-ounce resource begins beneath an open pit 500-feet deep, and the company's biggest news suggests interesting numbers for future development. Based on the company's recent news release, it expects to jump into production quickly.
A Clear Path to Production
The study shows strong highlights for both the quality and quantity of the gold found in Copperstone. The company announces a base case of $1,250 per ounce of gold, which is about $65 below today's price. With average annual sales of 38,347 ounces gold, the company expects payback of initial capital ($22.7 million) within 2.3 years of a 2019 production start. That low capex of $22.7 million also includes a mine equipment capital lease. With a study life operating margin (EBITDA) of $89 million and an internal rate of return of 40%, the company is confident in starting production next year.
With the infrastructure in place and strong numbers, the company says it has a 95% average of recovering gold using crushing, grinding, and whole ore leach.
CEO Claudio Ciavarella estimated that the company could be looking at 100,000 ounces of gold per 100 vertical feet of its Copperstone project. While the open pit was initially 500 feet deep, the company has added an additional 300 feet. Ciavarella says Kerr Mines could go another 400 to 500 feet deep.
"If this mineralization continues at the same rate, this would mean that we could grow the resources to around the 1,200-1,400-foot level and add another 300,000 to 400,000 ounces in resources," explained Ciavarella.
Kerr Mines' president, Martin Kostuik, shares the excitement: "The results of this PFS display the strong near-term production opportunity for the Copperstone Mine and robust returns for our investors. This is just the beginning."
The company threw out big-picture numbers for the long term. According to the study, the study life operating margin (EBITDA) is $89 million, with an internal rate of return of 40%.
5-Year Projection
The company has identified its first five years of gold production. Per the company's production schedule, the company expects to mine over 1.2 million tonnes in total.
image: http://www.stockhouse.com/getattachment/a62ca4ff-5a25-40db-8b0b-091038fd950d/B.jpg
B.jpg
"The impressive exploration upside displayed by the 2017 Phase I program, the historical production of over 500,000 gold ounces and the potential to generate solid positive cash flows by identifying the first four years of gold production, all point toward the opportunity of many more years, beyond the Study timeframe, of profitable production," said Kostuik.
Furthermore, the company is pleased that there are 100,000 ounces of measured and indicated mineral resources that were not included in the confirmed mineral resources. According to the company, part of this additional 100,000 ounces of gold is immediately accessible for drilling and potential inclusion during the phase 2, 2018 drill program.
A Copperstone Gold Mine tour video is available here.
Fundamental Research Corp. released an investment analysis for Kerr Mines on April 18. Analyst Siddharth Rajeev noted that "at an average grade of 7.36 gpt (across the resource categories), the Copperstone project is of significantly higher grade than most of the deposits in the western U.S."
Rajeev also expressed the belief that "the PFS was very conservative as it only accounted for 63% of the measured and indicated resource. Also, we believe the current resource and NPV estimates do not account for any upside potential from the ongoing exploration. A newly discovered Footwall zone has potential to be of the same dimensions as the main Copperstone zone."
"Approximately 100 Koz of measured and indicated resources were not included in the reserve estimate, which we believe would have added another 2 to 3 years to the mine life, and potentially $50 million in additional operating profit," Rajeev added.
Fundamental Research has a Buy rating on Kerr and assigns a fair value estimate of C$0.49 per share. The stock currently sits at CA$0.24.
Currently, there are 255 million shares outstanding, with 32% held by management and directors. Eric Sprott has an approximately 7% stake in the company.
Technical analyst Clive Maund on April 10 reiterated Kerr Mines as a strong buy: "It looks like Kerr will break to the upside soon from the current tight range, and it is therefore rated a strong buy here."
Read what other experts are saying about:
Kerr Mines Inc.
Disclosure:
1) Nikia Wade compiled this article for Streetwise Reports LLC and provides services to Streetwise reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: Kerr Mines. Click here for important disclosures about sponsor fees. As of the date of this article, an affiliate of Streetwise Reports has a consulting relationship with Kerr Mines. Please click here for more information. An affiliate of Streetwise Reports is conducting a digital media marketing campaign on this article on behalf of Kerr Mines. Please click here for more information.
3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article, until one week after the publication of the interview or article. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Kerr Mines, a company mentioned in this article.
Disclosures from Fundamental Research Corp., Kerr Mines Inc., April 19, 2018
The opinions expressed in this report are the true opinions of the analyst about this company and industry. Any “forward looking statements” are our best estimates and opinions based upon information that is publicly available and that we believe to be correct, but we have not independently verified with respect to truth or correctness. There is no guarantee that our forecasts will materialize. Actual results will likely vary. FRC and the Analyst do not own shares of the subject company. Fees were paid by KER to FRC. The purpose of the fee is to subsidize the high costs of research and monitoring. FRC takes steps to ensure independence including setting fees in advance and utilizing analysts who must abide by CFA Institute Code of Ethics and Standards of Professional Conduct. Additionally, analysts may not trade in any security under coverage. Our full editorial control of all research, timing of release of the reports, and release of liability for negative reports are protected contractually. To further ensure independence, KER has agreed to a minimum coverage term including an initial report and three updates. Coverage cannot be unilaterally terminated.
CliveMaund.com Disclosure:
« ..The above represents the opinion and analysis of Mr Maund, based on data available to him, at the time of writing. Mr. Maund's opinions are his own, and are not a recommendation or an offer to buy or sell securities. Mr. Maund is an independent analyst who receives no compensation of any kind from any groups, individuals or corporations mentioned in his reports. As trading and investing in any financial markets may involve serious risk of loss, Mr. Maund recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction and do your own due diligence and research when making any kind of a transaction with financial ramifications. Although a qualified and experienced stock market analyst, Clive Maund is not a Registered Securities Advisor. Therefore Mr. Maund's opinions on the market and stocks can only be construed as a solicitation to buy and sell securities when they are subject to the prior approval and endorsement of a Registered Securities Advisor operating in accordance with the appropriate regulations in your area of jurisdiction.
Clive Maund: I, or members of my immediate household or family, own shares of the following companies mentioned in this article: None. I personally am, or members of my immediate household or family are, paid by the following companies mentioned in this article: None. My company has a financial relationship with the following companies mentioned in this article: None.... »
Readhttp://www.stockhouse.com/opinion/independent-reports/2018/05/08/blue-sky-gold-potential-right-america-s-backyard#ROmldWwKt851Rvzf.99
« ...Kerr Mines Inc. (KER:TSX; KERMF:OTC; 7AZ1:FRA) has been actively exploring bringing the past-producing Copperstone Gold Mine in western Arizona back to life.
Copperstone, located in mining-friendly Arizona, has a lot going for it. The fully permitted mine is built and there is infrastructure on site. It already has a 300,000 ounce resource, and the land package offers lots of exploration potential.
The company released results from its prefeasibility study on April 10.
Copperstone was mined by Cyprus Minerals as a heap-leach surface mine from 1989 to 1993, when it was decommissioned. Between 2010 and 2014, a previous junior mining company developed a small underground operation that was put on care and maintenance due to engineering and financial issues, as well as a downward trending gold price. Some 500,000 ounces of gold have been produced at the mine.
Kerr acquired Copperstone in 2014.
The previous owners of the mine had made large investments in infrastructure and drilling. The existing underground access, mill, surface impoundments and related infrastructure are well built and are in sound working condition, according to the company. The infrastructure investments were made relatively recently and cost the previous operator between CA$50 million and CA$60 million; today they would cost over CA$100 million to replicate, Kerr CEO Claudio Ciavarella told Streetwise Reports.
According to the prefeasibility study, the 300,000-ounce resource begins beneath an open pit 500-feet deep, and the company's biggest news suggests interesting numbers for future development. Based on the company's recent news release, it expects to jump into production quickly.
A Clear Path to Production
The study shows strong highlights for both the quality and quantity of the gold found in Copperstone. The company announces a base case of $1,250 per ounce of gold, which is about $75 below today's price. With average annual sales of 38,347 ounces gold, the company expects payback of initial capital ($22.7 million) within 2.3 years of a 2019 production start. That low capex of $22.7 million also includes a mine equipment capital lease. With a study life operating margin (EBITDA) of $89 million and an internal rate of return of 40%, the company is confident in starting production next year.
With the infrastructure in place and strong numbers, the company says it has a 95% average of recovering gold using crushing, grinding, and whole ore leach.
CEO Claudio Ciavarella estimated that the company could be looking at 100,000 ounces of gold per 100 vertical feet of its Copperstone project. While the open pit was initially 500 feet deep, the company has added an additional 300 feet. Ciavarella says Kerr Mines could go another 400 to 500 feet deep.
"If this mineralization continues at the same rate, this would mean that we could grow the resources to around the 1,200-1,400-foot level and add another 300,000 to 400,000 ounces in resources," explained Ciavarella.
Kerr Mines' president, Martin Kostuik, shares the excitement: "The results of this PFS display the strong near-term production opportunity for the Copperstone Mine and robust returns for our investors. This is just the beginning."
The company threw out big-picture numbers for the long term. According to the study, the study life operating margin (EBITDA) is $89 million, with an internal rate of return of 40%.
https://www.streetwisereports.com/article/2018/05/01/opportunity-for-gold-right-in-americas-backyard.html
»...Published on Apr 23, 2018 Copperstone mine is a high-grade, fully-permitted gold deposit located in mining-friendly western Arizona. Having historically produced ~500,000 ounces of gold, Copperstone contains existing infrastructure which reduces investment requirements and speeds up the timeline to production. A pathway to 1 Million oz's of gold.... »
Unique Pathway to Multi-Million oz’s Updated Video
Pathway to a Multi-Million Ounces golden property in Western Arizona...
Updated video
«A Pathway to 1 Million oz's of GOLD.... » Claudio Ciavarella
«...We’re going to get...a million ounces... » stated Claudio Ciavarella.
With a much needed EXPANDED detailed drilling program... ASAP
I agree but waiting until late 2019...
« ...Everyone including independent geologists, believes the minimum that we’re going to get to is at least a million ounces... »
Kerr Mines CEO Claudio Ciavarella on the Copperstone property in Arizona.... »
http://www.cbj.ca/brochures/2018/Mar/Kerr-Mines/index.php#10-11
http://resourceworld.com/index.php/kerr-sees-near-term-production-opportunity-at-copperstone/
« ... Fahad Al Tamimi
Chairman
« ...Mr. Al Tamimi is a Saudi-based businessman with global investment activities. Previously, he was President and CEO of SaudConsult, the largest engineering firm in Saudi Arabia responsible for many large infrastructure and construction projects in the country.
He was also a 50% partner of Worley Parsons Arabia, which undertook major infrastructure projects in the oil & gas, energy and a mining project worth over $5 billion in Saudi Arabia.... »
http://kerrmines.com/corporate/
http://www.mining-journal.com/feasibility/news/1335958/kerr-looks-to-restart-copperstone-in-2019
http://www.fahadaltamimi.com/
« ...Copperstone Phase 2 Drilling Plan:
« ...Up to 6,500 meters with the objective of upgrading Inferred tonnes to Indicated or better and to improve continuity and grade of the M&I mineral resource tonnes that were not part of the P&P mineral resource tonnes in the current resource.
Up to 5,500 meters to test additional zones and add Inferred tonnes.
Up to 2,000 meters for structural, geotechnical and metallurgical purposes
Drilling location targets for additions and conversions are associated with structural, alteration and lithologic controls which have demonstrated to have significant support for mineralization. Drilling targets also include areas of magnetite skarns and replaced limestones which often demonstrate significant upside potential in near mine extents. The funding of this Phase-II program is not included in the PFS.... »
https://www.pressreader.com/canada/stockwatch-daily/20180411/281788514638349
I think KERR needs to DOUBLE their PHASE 2 drilling and include some of the golden Pearl properties in it; this could increase grade, Measured and Indicated in late 2018 and peak investor interest in Kerr Mines. The Proven and Probable needs to be expanded on a much tighter timeline!
Sometimes you have to spend money to make $$$ and this is that time ...
Lacklustre Phase 2 drill results could... http://kerrmines.com/wp-content/uploads/Kerr-Mines-Corporate-Presentation-February-2018.pdf
« ...Trump announces strikes on Syria following suspected chemical weapons attack by Assad forces
The president did not specify a target for the strikes, but he said the the United States would aim to hit targets "associated with the chemical weapons capabilities" of Assad's regime.... »
by Daniel Arkin / Apr.13.2018 / 9:12 PM ET / Updated 9:19 PM ET
https://www.nbcnews.com/news/world/trump-announces-strikes-syria-following-suspected-chemical-weapons-attack-assad-n865966
How will we all be impacted by strikes on Syria? etc...
Kerr Mines « 600,000 ounce Copperstone gold project in Arizona is “just the beginning” as it aims for production in 2019.... »
http://www.mining-journal.com/feasibility/news/1335958/kerr-looks-to-restart-copperstone-in-2019
Kerr Mines « 600,000 ounce Copperstone gold project in Arizona is “just the beginning” as it aims for production in 2019.... »
http://www.mining-journal.com/feasibility/news/1335958/kerr-looks-to-restart-copperstone-in-2019
« ...Kerr looks to restart Copperstone in 2019
Junior Kerr Mines (CN:KER) says a positive prefeasibility study for its 600,000 ounce Copperstone gold project in Arizona is “just the beginning” as it aims for production in 2019.
The PFS points to an initial capex of US$22.7 million, thanks to the amount of infrastructure at the past-producing mine, an internal rate of return of 40% and payback within 2.3 years of the flagged 2019 start.
yes sir, shell make u money, let er pull back a bit though! she's good for ; 50 to 80% after entry...
« ....Mining investors don’t often see such high-grade numbers with gold projects this close to production. Stockhouse recently had the opportunity to delve deeper into this report through posing some questions to KER’s CEO, Claudio Ciavarella.... »
« ...A major milestone toward achieving this goal is the new NI 43-101 prefeasibility study (PFS) that the Company just released on April 10, 2018. That technical report is loaded with information, including the following highlights:
- Initial cap-ex of only US$22.7 million to go into production
- Internal rate of return (IRR) of 40%
- 175,093 ounces Proven & Probable reserves @ 6.79 g/t Au
- 276,100 ounces Measured & Indicated resources @ 7.63 g/t Au
- 145,700 ounces of Inferred resources @ 6.81 g/t Au
- Cash costs of US$684/oz
- Metallurgy: a recovery rate of 95% Au
- Average annual sales of 38,347 ounces Au
http://www.stockhouse.com/opinion/interviews/2018/04/12/high-grade-gold-project-pfs-shows-strong-economics
« ...While the new PFS upgrades KER’s gold reserves and resources, not all of the ounces that have already been defined were included in this report. Could you please elaborate further here?
The ounces in the current resource statement that were included in the economics of the report total 175,000 gold ounces. The ounces in the current resource statement that were not included in the economics of the report represent 246,000 ounces of gold – 100,000 ounces of which are located immediately around the included ounces. Inclusion of these ounces is the primary goal and will be made possible through the refinement of the mine plan and further drilling in these easily accessible areas. Inclusion of the remaining 146,000 ounces not currently in the economics are principally the target of the forthcoming exploration program.... »
Read more at http://www.stockhouse.com/opinion/interviews/2018/04/12/high-grade-gold-project-pfs-shows-strong-economics#aUDU8z2rrJJkcalm.99
“...The price of gold rocketed by 0.79 per cent after Donald Trump warned Russia he would launch missiles at their troops in Syria.
Trump’s tweet saw the price of the precious metal rise to $1,351 an ounce on Wednesday morning as investors scrambled to invest in a tangible product that could survive an all-out war.
GOLD prices have risen by 3.6 per cent this year, amid ongoing uncertainty in the US and Middle East, according to Business Insider....”
http://metro.co.uk/2018/04/11/people-panic-buying-gold-donald-trump-threatens-war-russia-7458485/
http://www.bbc.com/news/world-middle-east-43727829
« ...Kerr Mines Releases Highlights From Pre-Feasibility Study: 40% IRR, Updated Resource and Production in 2019
https://globenewswire.com/news-release/2018/04/10/1467588/0/en/Kerr-Mines-Releases-Highlights-From-Pre-Feasibility-Study-40-IRR-Updated-Resource-and-Production-in-2019.html
TORONTO, April 10, 2018 (GLOBE NEWSWIRE) -- Kerr Mines Inc. (TSX:KER) (OTC:KERMF) (FRA:7AZ1) (“Kerr” or the “Company”) is pleased to announce the results of the independent Pre-Feasibility study (“PFS”, “Study”) and resource update prepared by Hard Rock Consulting, LLC in accordance with National Instrument 43-101 (“NI 43-101”) for its past producing Copperstone Mine in Arizona, USA. On the momentum of a very successful 2017 Phase I exploration program and this PFS, the Company is pleased to confirm updated gold resources and positive economics at the Company’s Copperstone Mine in Arizona.
Copperstone PFS Highlights (all values US$ unless otherwise noted):
Base case $1,250/oz gold;
Initial capital of $22.7 million which includes a mine equipment capital lease;
Study life operating margin (EBITDA) of $89M, Internal rate of return of 40%;
Payback of initial capital within 2.3 years of 2019 production start;
Recovery of gold averaging 95% using crushing, grinding and whole ore leach;
Average annual sales of 38,347 ounces gold;
Cash Operating Cost of $684 per gold ounce;
All-in Sustaining Cost ("AISC") of $875 per gold ounce;
Measured and Indicated (“M&I”) Mineral Resources of 1,124,800 tonnes averaging 7.63 g/tonne gold;
276,100 ounces contained gold in M&I Resource;
Inferred Mineral Resources of 666,000 tonnes averaging 6.81 g/tonne gold;
145,700 ounces contained gold in Inferred;
Proven and Probable (“P&P”) Mineral Reserves of 802,048 tonnes averaging 6.79 g/tonne gold;
175,093 ounces contained gold in P&P Reserve;
M&I gold resources ounces, which are not part of the P&P reserve ounces, are targeted for potential inclusion in the P&P reserves through recommended future drilling;
Inferred gold resources are open for further expansion and conversion through recommended future drilling in the Copperstone and Footwall zones.
“The results of this PFS display the strong near-term production opportunity for the Copperstone Mine and robust returns for our investors. This is just the beginning," says Martin Kostuik, President. “The impressive exploration upside displayed by the 2017 Phase I program, the historical production of over 500,000 gold ounces and the potential to generate solid positive cash flows by identifying the first four years of gold production, all point toward the opportunity of many more years, beyond the Study timeframe, of profitable production. In fact, there are 100,000 gold ounces of M&I mineral resources that were not included in the P&P mineral resources, part of which are immediately accessible for drilling and potential inclusion.” Kostuik continued, “Our intention is to finance the initial capital through corporate debt. We are currently engaged in discussions focused on non-dilutive financing options with several lending groups to finalize our forthcoming production decision. Furthermore, we shall continue our efforts to enhance shareholder value by pursuing other value-adding activities such as conducting an intense 2018 exploration program which is designed to increase mine life”
Great work Kerr Team... Bravo!
Only if the BELATED PFS is posted ASAP...! & is actually positive? $$$
With an updated MINE Plan focused on Copperstone....
A very low capex...
Permits, Mill and varied infrastructure in place...
When will production begin? ETC...
« ... Kerr is on-track to announce the results of its pre-feasibility study including an NI 43-101 resource statement at the end of March, 2018.... »
http://kerrmines.com/kerr-mines-provides-operational-pfs-update/
KERR Mines’ ASK is UP with actual VOLUME and the Kerr website is being updated as I type...
Finally! The Kerr POP begin$
http://www.kitco.com/news/2018-04-08/Trade-War-Rhetoric-Spooks-Chinese-Investors-Into-Buying-Gold-ETFs.html?sitetype=fullsite
« ... Brad Atkinson Director of Exploration and Geology
Mr. Atkinson (BS, MS, MBA) is a geologist with over 20 years of experience in the mining industry. He was geologist for Phelps Dodge Morenci and a corporate project geologist for Newmont Gold. More recently, Mr Atkinson was at Caterpillar Financial Services.
Mr. Atkinson is a graduate in both Geological Science and Geochemistry from Virginia Tech and completed an MBA at the University of Denver.
Michael R. Smith Technical Advisor
Mr. Smith is a Registered Geologist (SME & Arizona) and senior executive with over 38 years of exploration, development and operations expertise. Previously, Mr Smith was Chief Mine Geologist at Barrick Gold’s Goldstrike Mine and General Manager of Development and Exploration in Peru. He was the Founding CEO and President of Continental Gold and at Vulture Peak Gold where he was responsible for bringing the Arizona gold mine back into production.
Mr. Smith graduated Magna Cum Laude from Arizona State University (B.Sc.) and has an M.Sc. in Geology from Mackay School of Mines. ... »
Kerr is finally updating their management team at the bottom of their website in the Coporate section ....
On a separate, note Brad’s photo was great and ’Carmelo Marrelli’s’ photo was dark small and fuzzy when it was posted late this Sunday so... Hopefully....
I am ecstatic to see that the Kerr Team is finally updating their website; it’s about time imho...
« ...Agreed, looking forward to the release of the Kerr pre-feasibility this Tuesday, April 10, 2018
Sorry Maddog-Gene, I did not read the bottom of your concise post on KERMF IHUB until...
Well this info, will allow me Monday to add to my large Kerr Mines stock pile...
Praying the Kerr team can provide in the prefeasibility study; well over 1 Million au oz under or near the Copperstone pit? If this is the actual case; obviously, I see these Kerr shares seriously POPPing by mid next week?
What do you think?
What time will the PFS be released on Tuesday?
Cheer$,
GoldenPolarBear ... »
Saturn-Five, I wish I had read Maddog’s note a little earlier...
Kerr Mines USA ticker is KERMF, trading on OTC QB.
« ...Stocks got smoked Friday as fears of a trade war spiked »!
The Dow fell as much as 700 points before finishing the day down 2.2%
http://markets.businessinsider.com/news/stocks/dow-jones-stock-market-tumbles-as-trade-war-fears-mount-2018-4-1020705440
« ...US stocks tumbled Friday, with the Dow Jones industrial average falling more than 700 points, or about 3% at its lowest point, as fears of a global trade war continued to mount. Here's how all three major indices finished the day:
Dow Jones: 23,933 (-571 points or 2.33%)
S&P 500: 2,604 (-58 points of 2.20%)
Nasdaq: 6,926 (-150 points of 2.12%)
President Donald Trump said Thursday that "in light of China's unfair retaliation" to proposed US tariffs on $50 billion worth of imports from the country, he had instructed the office of the US Trade Representative to "consider whether $100 billion of additional tariffs would be appropriate."
« ...US stocks fall sharply on rising trade war fears
Chinese officials and US Treasury secretary stir anxieties about tit-for-tat tariffs
https://www.ft.com/content/623ce760-39a5-11e8-8b98-2f31af407cc8
« ...Larry Kudlow: 'There may be negotiations in the next couple of months. I hope so. I think everyone hopes so.' ... » Reuters wrote...
»...Orefinders Resources has agreed to purchase a 100% stake in the McGarry Mine and Barber-Larder Properties in Canada from Kerr Mines.
Orefinders has agreed to issue eight million common shares priced at C$0.12 ($0.09) a share to Kerr to raise proceeds of C$0.96m ($0.74m), as part of the agreement.
Orefinders Resources is engaged in gold exploration, while Kerr Mines (formerly Armistice Resources) is focused on the exploration and development of gold mines.
Both the companies involved in the transaction are based in Canada.... »
https://www.mining-technology.com/news/deals-week-kazakhstan-potash-corporation-pangolin-diamonds-silver-mines/
http://www.orefinders.ca/photo-gallery-3/
Well, a positive KERR Pre-Feasibility Study regarding the Copperstone mine will allay all of my varied concerns regarding this acquisition...
http://www.orefinders.ca/wp-content/uploads/2018/04/McGarry-Preliminary-Economic-Assessment-and-Mineral-Resource-Estimate-Amended-2011.pdf
https://www.ft.com/content/11416168-3948-11e8-8b98-2f31af407cc8
https://www.nytimes.com/2018/04/05/business/trump-trade-war-china.html
»...Orefinders Resources has agreed to purchase a 100% stake in the McGarry Mine and Barber-Larder Properties in Canada from Kerr Mines.
Orefinders has agreed to issue eight million common shares priced at C$0.12 ($0.09) a share to Kerr to raise proceeds of C$0.96m ($0.74m), as part of the agreement.
Orefinders Resources is engaged in gold exploration, while Kerr Mines (formerly Armistice Resources) is focused on the exploration and development of gold mines.
Both the companies involved in the transaction are based in Canada.... »
https://www.mining-technology.com/news/deals-week-kazakhstan-potash-corporation-pangolin-diamonds-silver-mines/
http://www.orefinders.ca/photo-gallery-3/
Well, a positive KERR Pre-Feasibility Study regarding the Copperstone mine will allay all of my varied concerns regarding this acquisition...
http://www.orefinders.ca/wp-content/uploads/2018/04/McGarry-Preliminary-Economic-Assessment-and-Mineral-Resource-Estimate-Amended-2011.pdf
https://www.cnbc.com/2018/04/06/ecb-benoit-coeure-says-a-trade-war-would-have-damaging-consequences.html
https://www.ft.com/content/11416168-3948-11e8-8b98-2f31af407cc8
https://www.nytimes.com/2018/04/05/business/trump-trade-war-china.html
“...Gold has a much higher probability of moving north as opposed to south,” Letwin said in an interview at a mining conference in Hong Kong on Thursday. “I’ve been around a long time; when you’re in an industry that’s not replacing what it produces, eventually, the price has to move up.”
The producer-funded World Gold Council has estimated that world supply may have peaked, while Frank Holmes, chief executive officer of U.S. Global Investors Inc., said this week that mine supply topped out in 2017 or will do so this year. Combined with understated inflation and strong demand from China and India, this could help boost prices to $1,500 an ounce by the end of the year from about $1,327 now, according to Holmes.
https://www.bloomberg.com/news/articles/2018-04-05/gold-price-seen-moving-north-as-world-fails-to-replace-output
When we get the positive Pre-feasibility $tudy $$$oon I hope? https://mobile.twitter.com/kerrmines?lang=en
http://www.cbj.ca/brochures/2018/Mar/Kerr-Mines/index.php
“...One of the biggest US trade wars of the past had a tragic consequence — here’s what happened
Economists are worried that President Trump may be gearing up for a trade war.
On Wednesday, China announced its first retaliatory actions against the U.S.
In the 1930s, a U.S. trade war escalated into a real war....”
https://www.cnbc.com/2018/04/04/one-of-the-biggest-us-trade-wars-of-the-past-had-a-tragic-consequence--heres-what-happened.html
« ...Gold Is Heading to $1,400 If Trade War Breaks Out, According to Sprott
« ...Gold will surge to the highest level in five years if a global trade war breaks out, according to Rick Rule, chief executive officer of Sprott U.S. Holdings Inc., who’s been involved in the market for four decades.
Bullion could top $1,400 an ounce in 2018 as escalating trade tensions drive investors to havens and the three-decade bull market in bonds nears an end, said Rule, who’s due to speak at a conference in Hong Kong on Wednesday. Spot gold traded at $1,337.50 Tuesday after three straight quarters of gains, while exchange-traded fund holdings are around the highest in half a decade.
President Donald Trump has ordered import tariffs on steel and aluminum and sought new restrictions on Chinese investment. Asia’s top economy retaliated by imposing its own levies on Monday, while the U.S. is expected to release this week a new list of Chinese products to be slapped with duties. A trade war could crimp demand for U.S. assets just as the budget deficit swells, with the dollar vulnerable should international buyers shun American debt.... »
https://www.bloomberg.com/news/articles/2018-04-02/gold-to-top-1-400-as-sprott-s-rule-sees-winnerless-trade-war
With price of gold climbing was selling the golden McGarry properties etc. a wise idea?
http://resourceworld.com/index.php/orefinders-in-deal-with-kerr-to-acquire-abitibi-properties/
Orefinders acquired « ...McGarry Mine and Barber-Larder properties from Kerr Mines Inc. [KER-TSX]. They are collectively known as McGarry.
“We are very pleased to announce this acquisition and see this transaction as excellent value for our shareholders,” said Orefinders CEO Stephen Stewart.
Under the agreement, Orefinders will issue 8 million common shares to Kerr. The shares are subject to a lock-up agreement with Kerr and are scheduled to be free trading over a two-year period... »
http://resourceworld.com/index.php/orefinders-in-deal-with-kerr-to-acquire-abitibi-properties/
Only 8 Million shares at an average pps of .12 cents... or less.... Hmmm?
Yes, an excellent deal for Orefinders’ shareholders but was this an excellent deal for Kerr Mines’ shareholders? Hmmm?
“...TORONTO, April 3, 2018 /CNW/ - Orefinders Resources Inc. ("Orefinders" or the "Company") (TSX.V: ORX) is pleased to announce that it has entered into a definitive agreement to acquire a 100% interest the McGarry Mine and Barber-Larder Properties (collectively "McGarry") from Kerr Mines
Inc. ("Kerr"), formerly known as Armistice Resources Ltd...”
https://www.newswire.ca/news-releases/orefinders-to-acquire-the-mcgarry-mine--24-km-strike-length-of-the-cadillac-larder-lake-break-abutting-the-kerr-addison-mine-678619843.html
“...TORONTO, April 3, 2018 /CNW/ - Orefinders Resources Inc. ("Orefinders" or the "Company") (TSX.V: ORX) is pleased to announce that it has entered into a definitive agreement to acquire a 100% interest the McGarry Mine and Barber-Larder Properties (collectively "McGarry") from
Inc. ("Kerr"), formerly known as Armistice Resources Ltd...”
https://www.newswire.ca/news-releases/orefinders-to-acquire-the-mcgarry-mine--24-km-strike-length-of-the-cadillac-larder-lake-break-abutting-the-kerr-addison-mine-678619843.html
A KERR PFS &-an updated Kerr website with detailed financial and resource information is now WELL overdue... IN MY OPINION!
« ...Kerr is on-track to announce the results of its pre-feasibility study including an NI 43-101 resource statement at the end of March, 2018.... »
The Prefeasibility study needs to be BULLISH and with the current trade war heating up; it is time for Kerr Mines and the management team to deliver the golden goods...
http://kerrmines.com/kerr-mines-provides-operational-pfs-update/
Tardiness is usually unacceptable in most business environments; ONLY if, the unnecessary anticipation is worth the financial benefit?
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/kerr-mines/43139-kerr-mines-provides-operational-and-pfs-update.html
http://money.cnn.com/2018/04/02/news/economy/china-us-tariffs-trade/index.html
« ...China is showing the United States that it will make good on its trade threats.
The Chinese government said that tariffs on about $3 billion worth of US imports are going into effect Monday, hitting 128 products ranging from pork, meat and fruit to steel pipes.
It's the latest move in escalating tensions between the world's two largest economies, which some experts fear could turn into a trade war.
Beijing says the new sanctions on 128 US products, which it first proposed 10 days ago, are in response to President Donald Trump's tariffs on imports of steel and aluminum from China and some other countries.
But Trump also has more measures in the works aimed specifically at China. He has announced plans to slap tariffs on about $50 billion worth of Chinese goods following an investigation by his administration into the theft of intellectual property from US companies.... »
“...2018 – Tierra Group to evaluate underground mining methods and develop a ground control plan for Kerr Mines Inc.’s Copperstone Mine in western Arizona...”
”...Matt Fuller and Pete Kowalewski formed Tierra Group International, Ltd. to fulfill their desire to provide highly-focused personal service to customers who, with time, became trusted friends. After working together in engineering firms ranging in size from “Mom n Pop Shops” to Wall Street-owned corporations, Matt and Pete recognized that the most rewarding means of providing high quality customer service, is with a smaller “Team-Oriented” professional group. Wherein lay the motivation for forming Tierra Group.
http://www.tierragroupinternational.com/company-history/
http://www.tierragroupinternational.com/who-we-are/clients/
http://www.fahadaltamimi.com/
Obviously, I am pleased that Kerr Mines is working with the well established Tierra Group experience is of paramount importance in the Gold and Copper mining industry... $o... imho...
“...Fahad Al Tamimi has funded several vital research projects into lung cancer for the University of Texas MD Anderson Cancer Center....” etc...
http://www.fahadaltamimi.com/philanthropy/
http://kerrmines.com/kerr-mines-provides-operational-pfs-update/
http://kerrmines.com/corporate/
“...Gold Prices Hit 2-Week Highs as Fed Sees No Inflation, Interbank Rates Spike Amid 'Trump Trade War' Fears
“...GOLD PRICES rose against all major currencies bar the Japanese Yen on Thursday, gaining after the Federal Reserve raised its key Dollar interest rate as expected but world stock markets fell amid what analysts called anxiety over US President Trump's anti-free trade policies.
Dollar priced gold rose above $1330 per ounce and Euro gold prices reversed all of March's previous 1.5% drop to trade at €1080.
The UK gold price in Pounds per ounce erased this week's drop to the lowest since mid-December to trade back at £942 per ounce as the Bank of England held its key policy rate at 0.5%, more than two whole percentage points below the rate of consumer-price inflation.
Asian stock markets meantime closed lower and European equities then tumbled, losing over 1.5% on average ahead of a 12:30 announcement in Washington when Trump will unveil what an aide called "actions [against] China's state-led, market-distorting efforts to force, pressure, and steal US technologies and intellectual property."...”
https://www.bullionvault.com/gold-news/gold-prices-032220183
The GOLD price could POP if the pressure continues with the Trade War etc... IMHO
“...Elsewhere in Canada, BonTerra also owns the Larder Lake gold project in Ontario, literally within a 30-minute walking distance from the border with Québec. Despite an existing resource estimate confirming in excess of 950,000 ounces of gold at an average grade of approximately 5.5 g/t, BonTerra was able to purchase the property for a cash payment of C$1.15M (completed) and issuing 10 million shares (for a total pro forma value of C$3.8M) to Kerr Mines (KER.TO)....” Hmmm?
https://www.caesarsreport.com/reports/report-bonterra-resources-action-packed-2018-will-result-substantial-resource-increase/
http://kerrmines.com/
“ Copperstone Gold of La Paz County now managed by Kerr Mines Inc. looks to reopen...”
http://blog.azgs.arizona.edu/blog/2018-02/arizona-mining-stakeholders-meeting-brief-note-az-mining-2017-2018
“...Gold - Western Arizona...”
Happy Saint Patrick’s Day! Where is the Pot of Gold?
https://edition.cnn.com/videos/world/2018/03/14/st-patricks-day-slider-jnd-orig.cnn
In the Copperstone Mine or the expanding Footwall Zone?
http://www.travelandleisure.com/travel-news/st-patricks-day-traditions
http://kerrmines.com/wp-content/uploads/Kerr-Mines-Corporate-Presentation-February-2018.pdf
http://www.independent.co.uk/news/world/europe/st-patricks-day-live-updates-temple-bar-pub-dublin-events-a8260701.html
“Everyone including independent geologists, believes the minimum that we’re going to get to is at least a million ounces,” states ‘Claudio’ Ciavarella...”
Kerr Mines March 15, 2018 brochure updated... Why are they bothering with a new brochure when the Prefeasibility Study will change the vast amount of pertinent information in the brochure...? imo
... later this month ...
http://www.cbj.ca/brochures/2018/Mar/Kerr-Mines/index.php#
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