Liberty Gold Corp (LGDTF)

[douginil]

Liberty Gold Reports Weighted Average 82.9% Extraction in Phase 2 Metallurgical Column Testing at Black Pine Project, Great Basin, USA

18 August 2020

High and Rapid Recoveries Relatively Insensitive to Crush Size Continue to Support Simple Heap Leach Processing

VANCOUVER, B.C. – Liberty Gold Corp. (LGD-TSX) (“Liberty Gold” or the “Company”) is pleased to report results from Phase 2 metallurgical column testing on oxide material from drill core at its Black Pine Project in southeastern Idaho.

Gold extractions from 29 variability composites designed to test the full range of rock types and grades encountered in the drill holes were rapid, with >80% of the leachable gold extracted within 10 days, and final column leach gold extractions ranging up to 94.5%. These results are in-line with and slightly better than Phase 1 bulk sample column test results (78.9% weighted average extraction) and historical column tests from bulk samples and drill core (80.8%) (see press release June 16, 2020).

The Phase 2 metallurgical test work continues to provide support for a simple heap leach mining scenario. Large diameter core drilling in support of a Phase 3 metallurgical test program will commence on August 19, targeting the recent D-3 discovery, D-1 Southeast Extension, F zone and new M Zone target.

Metallurgical test work included fine and coarse bottle rolls and column tests using 0.5 inch (12.7 millimetre (“mm”)) and 1 inch (25.4 mm) crushed material. In total, 87 bottle rolls (29 coarse mesh and 58 fine mesh) and 29 column tests were carried out on material composited from six large diameter (PQ) drill holes in the D-1, D-2 and Rangefront target areas.

Results from the metallurgical test work demonstrate that oxide material from Black Pine responds well to column testing and should contribute to low capital and operating costs in the future. The test work undertaken on the project to date has significantly mitigated the metallurgical risk related to the known mineralization. Virtually no transitional or sulphide mineralization has been encountered to date at Black Pine in over 2000 drill holes.

The work was supervised by independent consulting metallurgist Gary Simmons, formerly the Director of Metallurgy and Technology for Newmont Mining Corp. Mr. Simmons has managed or supervised a significant number of metallurgical testing programs on similar deposits throughout the Great Basin. According to Mr. Simmons, “Data from metallurgical testing to date at Black Pine continue to indicate rapid leaching and relatively high gold extractions, with a remarkable insensitivity to particle size, and suggest that a combination Run of Mine and coarse crush/agglomeration heap leaching may be the preferred process options at Black Pine.”

Key Points:

Twenty-nine column leach tests produced a weighted average* 82.9% gold extraction. With a range up to 94.5% gold extraction. See Table 1, below, or click here: https://libertygold.ca/images/news/2020/August/Gold_Extraction_Data.pdf

Gold extraction was rapid, with >80% of the leachable gold extracted within the first 10 days of column leaching. See Figure 1, below or click here: https://libertygold.ca/images/news/2020/August/Cumulative_Leach_Curves.pdf

Percent gold extraction is well-correlated with head grade, with the highest-grade composites returning the highest extraction numbers.

Twenty-nine coarse bottle roll tests (target of 80% passing 10 mesh or 1.7mm particle size) produced a weighted average 78.8% gold extraction.

Twenty-nine fine bottle roll tests (target of 80% passing 200 mesh or 75 micron particle size) produced a weighted average 81.5% gold extraction for direct leach, and 29 fine bottle roll tests produced a weighted average 84.1% for carbon in leach (“CIL”).

Gold extraction is relatively insensitive to particle size. Most composites can be projected to coarse particle sizes approximating run of mine conditions without significant loss of gold extraction.

Results generated by this program are consistent with historical column test results generated by Noranda in 1988 prior to mining, as well as Phase 1 metallurgical testing by Liberty Gold using large diameter columns and 300 kilogram bulk samples.

A first-ever metallurgical test of material from the Rangefront Zone, located approximately 2.5 km southeast of the D-2 zone and other holes used for this study, returned extractions ranging up to 81.5% from four composites.

*Weighted average gold extraction is obtained using the following equation: (composite head grade (grams/tonnes) multiplied by extraction (%


Read more at:
https://libertygold.ca/news/2020-news/387-liberty-gold-reports-weighted-average-82-9-extraction-in-phase-2-metallurgical-column-testing-at-black-pine-project,-great-basin,-usa.html

[otclife]

Wake up investors. This thing is only getting started

[otclife]

Still true...

[otclife]

Things getting real interesting here

[otclife]

How is this down when people are running to safe haven?

[otclife]

This thing will be a 5 bagger before anyone even noticed it lol. HUGE gold discovery in great jurisdictions ( Idaho and Nevada ) wake up All!

[otclife]

Nice move today!

[otclife]

[otclife]

You or I can apply bro be a moderator and fix it. I'll request. You can too if ya want, I'm not good at editing the I box, but good enough to delete what's up there if it's wrong.

[otclife]

Sounds like you have a lot of history about this company. What are your projections on their projects and share potential? Thanks

[saturn_five]

Just to clarify; in 2011, when Newmont Gold bought Fronteer Gold for $2.3 Billion ... the Long Canyon Gold Mine (Nevada) was the main asset that Newmont was interested in.
Pilot Gold was originally formed as a smaller spin-off company from this large transaction; Pilot then carried forward with Fronteer's other assets, projects, and prospects.
In 2017, Pilot Gold re-branded as Liberty Gold , with new ticker symbols, etc.
Liberty is now focused on rich, Carlin-style gold projects in Nevada, Utah and Idaho.
USA !!$
LGDTF
LGD on Toronto Exchange.

[saturn_five]

Great to see Liberty Gold at 52 week high ! $
$ 1.00 is also a high point on the 5-year chart.
Years ago, I wasn't the only crazy gambler who bought a small stake in the top-tier mgmt/exploration team at Pilot Gold, which is now known as Liberty Gold.
Moira Smith (Ph.D.) is a brilliant geologist, and she works with a great team.
Most of the trading action on Liberty Gold takes place up in Canada ( LGD )
Canadian trading volume can be 5X (or more) compared to USA volume on LGDTF( OTC pink sheets)
$$$ GLTA
LGDTF Liberty !!
( * Edit : looks like wrong chart is displayed in LGDFT's
informational I-box (above message board). Has anyone sent message to Ihub admins to correct this ?)

[otclife]

Buying more

[otclife]

More drill results. https://www.otcmarkets.com/stock/LGDTF/news/story?e&id=1512269

[otclife]

More drill results looking good! Possible connection of different zones I believe

[otclife]

Keep hearing great things about the deposit and the MGMT team. They already developed and sold 8 other resource deposits

[otclife]

I'll buy the next dip. Solid exploration play

[upnorthvt]

Why is board so quiet. The stock is acting great

[Renee]

Effective June 13,2017 PLGTF will change to LGDTF:

http://otce.finra.org/DLSymbolNameChanges

[Renee]

PLGTF: effective May 12,2017 Pilot Gold Inc. will change to Liberty Gold Corp.

http://otce.finra.org/DLSymbolNameChanges

[xplr4au]

Pilot Gold is on the cusp of BLAST-OFF With the maiden resource estimate out on Goldstrike in the 2nd quarter and there ceo has already said it will be north of 1 million OZ

[red dog 1]

golds on a tear today

[red dog 1]

I would say its time to load the truck guys

[stocktrademan]

$PLGTF recent news/filings

bullish 0.36

$PLGTF charts

basic chart ## source: stockcharts.com



basic chart ## source: stockscores.com



big daily chart ## source: stockcharts.com



big weekly chart ## source: stockcharts.com



$PLGTF company information

## source: otcmarkets.com

Link: http://www.otcmarkets.com/stock/PLGTF/company-info
Ticker: $PLGTF

$PLGTF extra dd links

## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/PLGTF/after-hours
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Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=PLGTF+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=PLGTF+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=PLGTF+Industry

## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/PLGTF/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/PLGTF/news - http://finance.yahoo.com/q/h?s=PLGTF+Headlines

## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/PLGTF/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/PLGTF/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/PLGTF/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/PLGTF/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/PLGTF/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/PLGTF/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/PLGTF/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/PLGTF/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=PLGTF+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/PLGTF

## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/PLGTF/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/PLGTF
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/PLGTF/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/PLGTF/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/PLGTF/sec-filings
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/PLGTF/filings
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Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/PLGTF/short-interest
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RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=PLGTF&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=PLGTF
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/PLGTF/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=PLGTF+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=PLGTF+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=PLGTF
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=PLGTF
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=PLGTF+Cash+Flow&annual

## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/PLGTF/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=PLGTF+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/PLGTF.PLGTF
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=PLGTF
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/PLGTF/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/PLGTF/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/PLGTF/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/PLGTF/insider-transactions

## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/PLGTF
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/PLGTF
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/PLGTF:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=PLGTF
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=PLGTF

[mrscashflow]

GM raging I got Pilot on my short Buy list
Next to buy next month '-)

[raging]

Heating up!

[inthequeue50]

http://www.northernminer.com/news/pilot-rediscovers-a-carlin-style-gold-trend-in-utah/1003737731/

[inthequeue50]

PLGTF$ This group has a proven track record. I wouldn't worry. The gold in Nevada is close to another Newmont operation, who bought them out (Fronteer Gold) last time for 2.3bil. The Turkey operation will most likely be bought out by Teck Corporation. Now is the time to add, IMO. Just takes patience on this one. Good Luck!
http://pilotgold.com/
http://pilotgold.com/our-story/overview

[wmbz-sc]

With mining stocks across the board getting their socks blow off over the past year, at some point we have to reach bottom and start heading the other way! This one does have potential, I think.

GLTA!

[ospreyeye]

$PGLTF chart - making a nice move past the middle Bollinger Band @ 0.602 - PSAR bullish flip - possible new up trend starting if the middle BB turns into support -

http://stockcharts.com/h-sc/ui?s=PLGTF&p=D&yr=0&mn=3&dy=0&id=p58147045369

[subslover]

Looks as though something big is in the hopper here.

[investor15]

Jeb Handwerger: Follow the Fundamentals in Mining Markets

Dec. 10, 2013

TICKERS: ASC, CSQ; CX6, LODE, KOR, E, ITH; THM, K; KGC, LK, LKY, NOV, NUG; NULGF, PZG, GEM, PLG, PRB, SYH, TSM; TAS; TASXF; T61, UCU; UURAF, URZ

Source: JT Long of The Mining Report (12/10/13)

Jeb Handwerger It may seem like a confusing time to be a mining investor, but Jeb Handwerger, of Gold Stock Trades, insists it doesn't take a rocket scientist. "Stick to the fundamentals," he says. "The technicals will eventually reflect the fundamentals." In this interview with The Mining Report, Handwerger talks about what companies have the right foundation to shine after the market dusts itself off and starts to climb.

Section of interview;

TMR: What else in Nevada should investors watch?

JH: I've always told my subscribers to watch Kinsley Mountain. Let me back up a little. In 2011, Fronteer Gold Inc. (FRG:TSX; FRG:NYSE.MKT), which had the Long Canyon discovery, was our major pick. Many of my subscribers and I made a lot of money off of the takeout by Newmont Mining Corp. (NEM:NYSE) for $2.3 billion ($2.3B). Pilot Gold Inc. (PLG:TSX) is the spin out of Fronteer. Pilot has one of the top geologists who helped advance Long Canyon for Fronteer, Moira Smith. Pilot recently hit nice results from Kinsley Mountain. After selling Fronteer after the Newmont takeout, I just got back in and took an initial position after the good results. It's very impressive. Once this market turns, people are going to become aware that this may have the potential to be the next Long Canyon.

http://www.theaureport.com/pub/na/15751

[investor15]

Pilot Hits Home Run

Bob Moriarty
Archives
Nov 20, 2013

There are some wonderful aspects to getting old and coming down with Alzheimer’s. For one, you get to hide your own Easter eggs . As a writer you can go back and read what you wrote a few months ago and think, “By golly, that writer got it just right,” when reading your own crap.

I wrote a piece about the Kinsley Mountain project of Pilot Gold two months ago. By golly, I got it just right. Other than misspelling the name of the Rock Whisperer, Moira Smith.

On the 18th of November, Pilot announced the drill results of some 32 core and RC holes at the Kinsley project. Assays are pending for an additional 26 holes. The company has drilled about 14,200 meters of a 20,000 meter program due to end this month.

When I visited Kinsley two months ago Moira told me that her theory was that Alta Gold was producing from the wrong package of rocks and if they could drill the same rock sequence that they had found at Long Canyon, she thought the project had district scale potential.

She also felt the NS trending structures were as important or more important than the prevailing NNW structures that Alta had been mining. Alta had been mining the Candland Shales and she thought the limestone and shales underneath the Candland sequence would show better mineralization.

In short, Moira and her team wanted to apply the Long Canyon model to Kinsley. The initial drill results from the 2013 program support her theory. Proof of Concept came in the form of a 36.6-meter intercept of 8.53 g/t gold. To give you an idea of how significant that is, the hole was located some 550 meters from Alta’s mining. It was the single best intercept of over 1300 drill holes drilled at Kinsley.

I’d say Pilot and Moira Smith and her team just hit a giant home run. I wonder if Newmont has another $2.3 billion they would like to spend on another multi-million ounce deposit in the Long Canyon Trend.

Pilot has about $23 million in the bank and is well cashed up for the coming future. Look for more drill results in the next month.

Pilot is an advertiser and I am biased. Do your own due diligence.

Pilot Gold Inc
PLG-T $.92 (Nov 19, 2013)
PLGDF OTCQX 89.9 million shares
Pilot Gold website

###

Bob Moriarty
President: 321gold
Archives

321gold Ltd

http://www.321gold.com/editorials/moriarty/moriarty112013.html

[investor15]

Expert Comments: Pilot Gold.

Theaureport.com

Joe Mazumdar, Canaccord Genuity (10/7/13) "In the Biga District of Turkey, Pilot Gold Inc. has been drilling at the KCD project on the northeastern part of its now 90-sq-km land package, and anticipates more drill results over the next six weeks followed by a December 2013 resource update. KCD is a multiple mineralized system hosted in volcanics and volcano-sediments that appears to be closed off at depth by a low angle, normal fault. . .of interest is the southern part of the district (Karaayi). . .the area centered on potential oxidized, high-sulphidation gold mineralization that present targets amenable to low-strip, open-pit mining and heap-leach processing."

Tara Hassan, Haywood Securities (10/4/13) "Pilot Gold Inc. reported results from its 30,000m 2013 drill program at its TV Tower project in Turkey. . .today's results from TV Tower continue to deliver excellent intersections from the silver and recently discovered oxide gold zones, extending the zones. The new zone of oxide mineralization overlies the silver zone and could have important implications for a future production scenario at KCD as it could provide an early, low-cost cash flow opportunity. . .considering the potential for Pilot's projects and its strong cash position, which will fund exploration through 2014, we continue to expect the company to outperform its peer group."

Tara Hassan, Haywood Securities (10/4/13) "Results from Pilot Gold Inc.'s TV Tower project continue to deliver excellent intersections from the silver and recently discovered oxide gold zones, extending both. The new zone of oxide mineralization overlies the silver zone and could have important implications for a future production scenario at KCD, as it could provide an early, low-cost cash flow opportunity. . .considering the potential for Pilot's projects and its strong cash position that will fund exploration through 2014, we continue to expect the company to outperform its peer group."


Jeff Killeen, CIBC World Markets (10/4/13) "Pilot Gold Inc. has reported drilling results from the KCD target of its TV Tower project located in Turkey. Drilling was successful in expanding the silver zone to approximately 600m by 650m, and extended the recently discovered oxide gold zone down dip over 200m to the northeast, with both zones remaining open to the north. . .Pilot's 2013 drilling program at the KCD Target has shown continuing expansion of mineralization, while defining both a new silver and gold oxide zone. . .we believe that further upside exists at the property and we expect it will be defined during 2014."

The Gold Report Interview with Bob Moriarty (10/2/13) "I went to see a project I first visited 12 years ago called Kinsley Mountain, owned by Pilot Gold Inc. It was first put into production in 1994 and went out of production in 1999. Kinsley Mountain is one of those projects that may be a Long Canyon–type project—which would be 2, 5, even 10 Moz—or not. Even if it's not a Long Canyon, it would still be 500 Koz, and could still sell. It won't cost Pilot Gold anything to drill, because it can recover the money. Pilot's management team is the best in the industry, with most members coming from Fronteer Gold. When Newmont Mining Corp. bought Fronteer out for $2.3B, it was an absolute homerun for shareholders. Pilot is doing the same thing. You're buying at a 60% discount to what it was nine months ago.

"A year ago, I visited Pilot Gold's projects in Turkey. One is a copper-gold porphyry; the other is a gold-silver epithermal system. Both were very attractive and had great technical success and great drill results. It's important for your readers to understand that the decline in shares since January has not been rational. Nor has it been manipulation or shorting. It's been hedge funds and gold mutual funds being forced to sell shares. Often, they sold the best projects just because they could. They needed cash and sold everything they could to raise it. . .the company's joint venture with Teck Resources on the big porphyry project in Turkey is in a holding pattern. It's not attractive at $3/pound copper, but it's very attractive at $4/lb copper. The company is drilling the heck out of the TV Tower project and Kinsley Mountain. It has plenty of cash and an incredible ability to raise money." More >

more comments

http://www.theaureport.com/pub/co/3777#quote

[investor15]

Theaureport.com

Expert Comments: Pilot Gold

The Gold Report Interview with Bob Moriarty (10/2/13) "I went to see a project I first visited 12 years ago called Kinsley Mountain, owned by Pilot Gold Inc. It was first put into production in 1994 and went out of production in 1999. Kinsley Mountain is one of those projects that may be a Long Canyon–type project—which would be 2, 5, even 10 Moz—or not. Even if it's not a Long Canyon, it would still be 500 Koz, and could still sell. It won't cost Pilot Gold anything to drill, because it can recover the money. Pilot's management team is the best in the industry, with most members coming from Fronteer Gold. When Newmont Mining Corp. bought Fronteer out for $2.3B, it was an absolute homerun for shareholders. Pilot is doing the same thing. You're buying at a 60% discount to what it was nine months ago.

"A year ago, I visited Pilot Gold's projects in Turkey. One is a copper-gold porphyry; the other is a gold-silver epithermal system. Both were very attractive and had great technical success and great drill results. It's important for your readers to understand that the decline in shares since January has not been rational. Nor has it been manipulation or shorting. It's been hedge funds and gold mutual funds being forced to sell shares. Often, they sold the best projects just because they could. They needed cash and sold everything they could to raise it. . .the company's joint venture with Teck Resources on the big porphyry project in Turkey is in a holding pattern. It's not attractive at $3/pound copper, but it's very attractive at $4/lb copper. The company is drilling the heck out of the TV Tower project and Kinsley Mountain. It has plenty of cash and an incredible ability to raise money." More >

Bob Moriarty, 321 Gold (9/23/13) "When you are looking to invest, find a junior where they recognize success. Pilot Gold Inc. is such a company. . .my opinion, humble as it is, is that [chief geologist] Dr. Moira Smith is going to hit another home run. . .Pilot has two company-making projects and one potential company-making project. . .investors will wake up, they will see great value in stocks like Pilot and they are going to make gains they never dreamed of before."

Tyron Breytenbach, Cormark Securities (9/11/13) "Pilot Gold Inc. continues to expand the KCD target, its current flagship project on the TV Tower land position; recent results include a stepout hole grading 90.2 g/t Ag over 91.5m, well above the weighted average assay grade and the forecast 30 g/t resource grade of the Ag 'blanket' zone. We are moving our resource forecast up to 40 Moz Ag. . .we leave our $1.70 price target and Buy rating unchanged."

Morning Coffee (9/11/13) "Pilot Gold Inc. is advancing on multiple fronts; the company reported that drilling on the near-surface zone of silver-only mineralization at the KCD target at TV Tower continues to return strong silver results, including 90.2 g/t silver over 91.5m in stepout drilling. . .Pilot is advancing KCD towards resource definition while continuing to develop the district-scale potential across TV Tower, which is a joint venture with Teck Resources Ltd. Pilot is the operator at and can increase its interest in the project to 60% (from 40% currently) through sole funding of exploration over a three-year period."

Tara Hassan, Haywood Securities (9/10/13) "The latest results from Pilot Gold Inc.' TV Tower continue to deliver excellent intersections from the silver zone, extending the zone and confirming previous results with infill drilling. Additionally, the company discovered a new zone of oxide gold mineralization overlying the silver zone. . .considering the potential for Pilot's projects and its strong cash position ($30M in cash), which will fund exploration through 2014, we continue to expect the company to outperform its peer group."

http://www.theaureport.com/pub/co/3777

[investor15]

5 Gold Juniors to Watch

Wednesday May 29, 2013, 4:30am PDT
By Andrew Topf - Exclusive to Gold Investing News

Picking a gold junior that will find exploration success and grow your investment dollar is no easy task, especially in today’s markets, where the shine has come off of precious metals.

At the recent Cambridge House mining investment conference and trade show, which ran from May 26 to 27 in Vancouver, exploration pundits gathered for an informative seminar chaired by investment guru Rick Rule. While Rule conceded that there have not been many good exploration stories to talk about in the last year or so, he pointed to a few high-performing companies that have done well, such as GoldQuest (TSXV:GQC), which went from 6 cents to $1.60, Colorado Resources (TSXV:CXO), whose stock price rose seven-fold after a discovery hole yielded strong results, Reservoir Minerals (TSXV:RMC) (26 cents to $3.60), Africa Oil (TSXV:AOI) (80 cents to $10), Alpha Minerals (TSXV:AMW) and Fission Uranium (TSXV:FCU).

“There is nothing that can yield you speculative gains like anticipating exploration success,” Rule said before introducing the panelists, Brent Cook, John Kaiser, Lawrence Roulston and Jordan Roy-Byrne.

Below are five gold companies that were recommended by panelists. They appear in no particular order.

Asanko (formerly Keegan Resources) (TSX:AKG) Asanko’s flagship project is the Essase gold property in Ghana. It hosts 4.41 million ounces of gold in the measured and indicated categories averaging 1.45 grams per tonne. The company has completed over 278,000 meters of drilling to date and it plans to released a feasibility study in the fourth quarter of this year. A prefeasibility study published on May 13th shows annual production of 200,000 ounces and all-in cash costs of $990 per ounce. The project has a net present value of $355 million and a 23.2-percent internal rate of return, based on a gold price of $1,400/oz.

Riverside Resources (TSXV:RRI) Riverside Resources is a prospect generator with a number of gold, silver and copper projects. In April 2013 Riverside signed a $2.25 million exploration alliance with Hochschild Mining (LSE:HOC) for explore the Mega-shear gold belt in Western Sonora, Mexico. That adds to exploration partnerships with Cliffs Natural Resources (NYSE:CLF) to identify and acquire iron oxide copper gold projects on Mexico’s west coast, and Antofagasta Minerals (LSE:ANTO) to explore for copper in British Columbia. Riverside has 9 gold or gold-silver properties at various stages of exploration, with all except one in Mexico. It also has two option agreements, with Guerrero Exploration (TSXV:GEX) and Sierra Madre Developments (TSXV:SMG), on its Cerro Azul and Penoles targets.

Pilot Gold (TSX:PLG) Pilot Gold is the company spun off from Fronteer Gold, which was acquired by Newmont Mining (NYSE:NEM) in 2011. Pilot has identified 13 early-stage targets in Nevada and Turkey. Its latest news release in May 2013 reported the first 10 holes of a 13-hole campaign at TV Tower’s KCD target. Highlights included 93 grams per tonnes silver over 122 .7 meters at the silver zone and 1.63 g/t over 40.7 meters in the gold zone. Step-out drilling is currently underway.

Premier Gold Mines (TSX:PG) Premier Gold Mines owns gold properties in central Canada, Nevada and Mexico, including the Rahill-Bonanza joint venture that is the last piece of the Red Lake trend not 100-percent owned by Goldcorp. (TSX:G, NYSE:GG) Premier’s Cove project in Nevada is within the Eureka-Battle Mountain trend that hosts multi-million producing and past-producing mines, and according to the company, is “one of the most under-explored projects in Nevada.” On Tuesday Nevada’s Bureau of Land Management approved a Plan of Operation for the Cove-Helen Underground Mine which allows Premier to do exploration drilling through its subsidiary Au-Reka Gold.

Corvus Gold (TSX:KOR) has precious metals properties in Nevada, Alaska and Quebec. Its flagship North Bullfrog project in Nevada hosts 1.6 million ounces of gold. According to a preliminary economic assessment released in December 2012, the mine would produce an annual 78,400 ounces of gold over 10 years at average cash operating costs of $816/oz. Corvus initiated a 20,000-meter drill program this month.

http://goldinvestingnews.com/35411/5-gold-juniors-to-watch.html

[Hockmir]

Still looking a little alive

[Hockmir]

Well, at least it has been showing signs of life in the past few weeks.

[Hockmir]

So Pilot has now ridden down from about $3 in July to about $1 now.

[Hockmir]

And down another 15% since the last post. Really, really not good.

[Hockmir]

Lets see. Down about 50% since my last post. Pretty not good.

[Hockmir]

Ditto yet again. Trend has continued in the general direction of down.

[Hockmir]

Frankly, I'm glad I sold off when the Newmont deal went down, and didn't place my hopes in Pilot. Thus far, it would have been a waste of my time and money.

[Hockmir]

And now it has continued down to around the $2.60 level. Not really zooming, is it?

[Hockmir]

Well, from about $3.60 at launch to about $3.00 now. Not exactly zooming skyward.

[Hockmir]

Pilot Gold Adds Copper and Silver to TV Tower Gold Property

Press Release Source: Pilot Gold Inc. On Tuesday May 10, 2011, 8:10 am EDT

VANCOUVER, BRITISH COLUMBIA--(Marketwire - 05/10/11) - Pilot Gold Inc. (TSX:PLG - News) ("Pilot Gold" or the "Company") is pleased to announce that final assays from Phase 1 drilling at the TV Tower property in northwest Turkey have returned significant copper and silver grades associated with this exciting new gold system.

Drilling focused on zones of outcropping epithermal mineralization at the Kucukdag and Kayali targets, which were identified and advanced to the drill stage over the past three years. Teck Madencilik Sanayi Ticaret A.S. ("TMST"), Teck Resources Limited's Turkish subsidiary, has been Pilot Gold's 60% joint-venture partner and project operator since 2007.

http://finance.yahoo.com/news/Pilot-Gold-Adds-Copper-and-iw-1799265887.html?x=0&.v=1

[Hockmir]

Pilot Gold announces listing on the TSX
April 7th, 2011

Pilot Gold Inc. ("Pilot Gold" or the “Company”) is pleased to report that the previously announced plan of arrangement involving the Company, Fronteer Gold Inc. ("Fronteer") and Newmont Mining Corporation (the “Arrangement”) was completed effective April 6, 2011. As a result of the completion of the Arrangement, Pilot Gold became a reporting issuer in each of the provinces of Canada. The Toronto Stock Exchange (the "TSX") has approved the listing of the common shares of Pilot Gold and the Company expects that the Pilot Gold common shares will commence trading on Monday, April 11, 2011 under the stock symbol "PLG".

Pilot Gold owns, and will be engaged in, the exploration and potential development of 15 exploration properties previously held by Fronteer. These projects include Halilaga, an early-stage copper-gold porphyry deposit and TV Tower, a series of high-sulphidation gold systems, both located in northwestern Turkey. In Nevada, the Company's Regent project is a low sulphidation gold system with a historic, shallow gold deposit with potential for discovery of additional high-grade, vein-hosted mineralization.

Technical reports on Halilaga, TV Tower and Regent have been electronically filed with regulators concurrent with the filing of this news release and are available for viewing on the SEDAR website (www.sedar.com) under Pilot Gold’s Issuer Profile.

For further information with respect to the Arrangement, please refer to Fronteer Gold’s Management Information Circular, dated March 2, 2011 and posted on SEDAR (www.sedar.com) under Fronteer Gold’s Issuer Profile. The Information Circular is also filed under the Company's SEDAR profile. Appendix E to the Information Circular contains information relating to Pilot Gold and its business operations.

http://pilotgold.com/news/pilot-gold-announces-listing-tsx

[Hockmir]

Newmont gets Paladin stake after acquiring Fronteer Gold.
The Denver Post - 04/14/2011 01:00:00 AM MDT

Newmont Mining, the largest U.S. gold producer, took a stake in Australia's Paladin Energy after completing the takeover of Fronteer Gold, a shareholder in the uranium producer.

Greenwood Village-based Newmont holds a 6.699 percent stake, about 52 million shares, in Paladin Energy, according to a substantial-shareholder notice filed with the Australian stock exchange Wednesday

http://www.denverpost.com/business/ci_17839887?source=rss

[Hockmir]

Fronteer Announces Completion of Acquisition by Newmont

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 6, 2011)

Fronteer Gold Inc. (TSX:FRG)(NYSE Amex:FRG) ("Fronteer Gold") today announced the completion of the acquisition of Fronteer Gold by Newmont Mining Corporation ("Newmont") pursuant to a court approved plan of arrangement (the "Arrangement").

Under the Arrangement, shareholders of Fronteer Gold received Cdn$14.00 in cash and 0.25 of a common share of a new company, "Pilot Gold" (after a one-for-four share consolidation of Pilot Gold), for each common share of Fronteer Gold. Pilot Gold owns certain exploration assets formerly owned by Fronteer Gold. Following completion of the Arrangement, former Fronteer Gold securityholders hold approximately 80.1% of the outstanding shares of Pilot Gold, on a fully-diluted basis, and the remaining 19.9% of the Pilot Gold shares are held indirectly by Newmont.

The Toronto Stock Exchange (the "TSX") has approved the listing of the common shares of Pilot Gold and expects that the Pilot Gold common shares will commence trading on Monday, April 11, 2011 under the stock symbol "PLG".

http://www.marketwire.com/press-release/Fronteer-Announces-Completion-of-Acquisition-by-Newmont-TSX-FRG-1423996.htm

[copper thorn]

Hockmir, I am still holding on to my shares.

I held FRG for a few years, made a lot of money and really respected the team that led FRG. They seemed to have a knack for unlocking shareholder value. So, I want to get the Pilot shares because if the same team isn't exhausted or too wealthy I think they will continue to wheel and deal with skill.

Also, I recently exited a profitable buyout a little early and promptly deposited the proceeds in a security that lost value. So, I intended to see this ride through to its end.

So, thank you FRG! You assuredly added a couple of years to my retirement and a semester to my children's college education!