Gold Mining Stocks (XAU)

[goldenpolarbear]

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Rich Fundamentals for High-Grade Gold Project

Jeff Nielson, Stockhouse

The plunge in the price of gold that began in 2011 is now old news to mining investors. The depressed conditions that have persisted in the gold sector for most of the 6+ years since that time have claimed a significant number of corporate casualties – especially among the junior mining companies.

The reality in markets, however, is that what is a disaster for one group of shareholders can spell opportunity for another. Illustrating this point is Kerr Mines Inc. (TSX: KER, OTCQB: KERMF, Forum). The Company’s flagship property is the Copperstone Gold Project, located in western Arizona, close to the Nevada border.

Nevada is world-famous as a gold mining destination, but the same gold-bearing geology also extends into portions of Arizona. Known as the Walker Lane mineral belt, this region in the U.S. has hosted known gold mineralization that already exceeds 40 million ounces.

This particular geology is known as “detachment faults”. While that terminology won’t mean anything to those without a geological background, in the Walker Lane belt such geology is associated with (high grade) gold-bearing mineralization. ...”

https://www.stockhouse.com/news/newswire/2018/01/19/rich-fundamentals-for-high-grade-gold-project

This well written, direct and lengthy article describes well the future golden path of Kerr Mines in 2018 imho...