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Friday, 06/03/2022 11:27:02 PM

Friday, June 03, 2022 11:27:02 PM

Post# of 9289
"Electrifying the Future"..The Salt and Light of...Cobalt..was on tonight's Mining and Metals news reel this evening....

Here it is....enjoy


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Mining & Metals Top Juniors Movers & News___Makers
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Tonight's Mining and Metals News Reel is About To Begin....So it's a great time to grab some snacks and refreshments...

Sound tracks by J:D


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Videos by J:D


Good Evening and Welcome to ~*~Mining & Metals Du Jour~*~



DD & tickers not included

MARKET ACTIVITY

TSX -241.08 (1.15%) 20,790.73
TSX Venture -8.36 (1.15%) 720.11
ASX 200 +61.20 (0.85%) 7,237.10
S&P 500 -68.28 (1.63%) 4,108.54
NYSE Gold Bugs -6.15 (2.29%) 262.25
VanEck Jr Miners -1.10 (2.62%) 40.87
Sprott Junior Miners -1.00 (2.70%) 36.08


COMMODITY PRICES


Gold (US$/oz) -19.75 (1.05%) 1,853.90
Silver (US$/oz) -0.47 (2.10%) 21.94
Copper (US$/lb) -0.08 (1.75%) 4.48
Platinum (US$/oz) -6.30 (0.61%) 1,019.65
Palladium (US$/oz) -87.49 (4.26%) 1,965.53



# DRILL RESULTS

Vizsla Silver Extends High Grade Mineralization at Southern End of Napoleon,
Sabina Gold & Silver Drills 21.87g/t Au over 15.10m (hole 22GSE610), 12.59g/t Au
Noram Lithium Receives Results for CVZ-75 & 76: High-Grade Intercepts of 150 Ft (45.7 M)
Outcrop Silver Intercepts 3 Metres Of 774 Grams Silver Equivalent In New Shoot
Core Hole at Desert Gold's SMSZ Project Returns 1.08 g/t Gold Over 124 Metres*



# DRILLING UPDATES

Benjamin Hill Mining Announces Drill Results from El Fierro Exploration Zone
Zacapa Resources Announces Completion of Inaugural Drill Campaign at Red Top Porphyry
ValOre Metals Intersects Radioactive Structures in 17 of 20 RC Drill Holes at Dipole
Endurance Gold Provides Drill Program Update at the Reliance Gold Property
Giyani Metals Announces Completion of Infill Drilling at K.Hill Project and Corporate
Queensland Gold Hills Completes Inaugural Drill Program at the Big Hill Gold Property
High Tide Resources Provides Drilling Update for Labrador West Iron Project






# DRILLING COMMENCED

Beauce Gold Fields Starts a 50 Overburden Drill Hole Program and a 180 Bulk Sample
Getchell Gold Commences Drill Program at the High-Grade Star Copper-Gold-Silver.
Cassiar Gold Commences 20,000 m Drill Campaign and Exploration Program at the Cassiar
Contact Gold Announces Start of Spring 2022 Drill Program at Green Springs Gold
Eskay Mining Commences 30,000 Meter Drill Program at Consolidated Eskay VMS Project,


MARKET MOVERS

Company +Change % Last Trade

Sigma Lithium 0.83 4.81 $18.07
Aura Minerals 0.40 3.56 $11.65
Turquoise Hill Resources 0.37 0.98 $37.98
Canadian North Resources 0.27 11.49 $2.62
Contango ORE 0.22 1.00 $22.20
Victoria Gold 0.18 1.23 $14.79
Eloro Resources 0.18 5.28 $3.59
Perpetua Resources 0.15 3.46 $4.48
Triple Flag Precious Metals 0.13 0.80 $16.39
Orla Mining 0.12 2.23 $5.51
Paycore Minerals 0.10 6.90 $1.55
Vox Royalty 0.09 2.90 $3.19
Dynacor Gold Mines 0.09 2.86 $3.24
Imperial Metals 0.09 2.77 $3.34
Trilogy Metals 0.08 6.15 $1.38


HIGH VOLUME

Company Volume Last Trade

Uranium Energy 16,129,772 $3.94
Hycroft Mining 6,915,517 $1.32
KWG Resources 5,253,359 $0.06
Kinross Gold 2,295,560 $5.72
B2Gold 2,237,380 $5.20
Gold Line Resources 2,033,233 $0.05
Yamana Gold 1,865,604 $7.16
Denison Mines 1,853,575 $1.55
First Quantum Minerals 1,370,524 $38.00
Capstone Copper 1,297,674 $5.08
HudBay Minerals 1,230,624 $7.40
Argonaut Gold 1,153,989 $1.12
NexGen Energy 1,122,238 $5.92
Lundin Mining 1,103,519 $11.13
Fission Uranium 1,006,084 $0.76





EARNINGS / PRODUCTION RESULTS

Antioquia Gold Reports First Quarter of 2022 Financial Results
Thor Explorations Announces First Quarter 2022 Financial and Operating Results,
Santacruz Silver Mining Reports First Quarter Financial Results
Mako Mining Provides Q1 2022 Financial Results
Mundoro Capital Advances Exploration Portfolio and Provides Q1 Highlights
Robex Resources: Significantly Improved Operating and Financial Results
Nova Royalty Reports Financial Results For The Three Months Ended March 31, 2022



# PROJECT ACQUISITIONS

Trillium Gold Mines Signs Option Agreement for Wenasaga Gold Project 35km from Dixie
Big Red Mining Acquires Copper Prince Property - 2 Former Copper Producers in Ontario,
Trillium Gold Mines Signs Agreement to Purchase Panama Lake Gold Project
Vulcan Minerals Acquires Claims at Red Cross Lake Nickel - Gold Project
Silverton Metals To Acquire Margaritas Gold-Silver Property, Durango, Mexico


# SAMPLING RESULTS

Element79 Gold Reports Results of 2021 Dale Property Phase I Exploration Program,
C3 Metals Discovers High Grade Copper - Silver at Arthurs Seat, Jamaica
Visionary Gold Stakes Claims at New Anderson Ridge Property and Samples up to 15.95
79North Discovers Two New Gold Occurrences With Rock Chip Samples Up to 7.39 Grams
Collective Mining Outlines Multiple, High-Grade Vein Systems at Olympus with Assay





FEASIBILITY / PEA / MRE

Alphamin Resources Announces 46% Increase in the Mpama South Inferred Mineral Resource
Nuinsco Resources Announces Initial Mineral Resource Estimate on the Prairie Lake Critical
SolGold Announces Cascabel - Tandayama-America Resource Update
Aurelius Minerals Announces Maiden Mineral Resource Estimate at Aureus East - Significant
Superior Gold Increases Mineral Reserves By 66% And Inferred Mineral Resources By 29%
Osisko Development Announces Preliminary Economic Assessment for the Cariboo Gold Project.
NioCorp's Elk Creek Project Confirmed as the Second Largest Indicated-Or-Better Rare Earth.


MERGERS / ACQUISITIONS

Skeena Resources Completes Acquisition of QuestEx and Concurrent Sale of Assets
Gold Fields to Acquire Yamana Gold – a Combination for Long-term Value Creation
B2Gold to Acquire Oklo Resources and its Extensive Land Package near the Fekola Mine
Orca Gold Announces Receipt of Overwhelming Securityholder Approval for its Business
CopAur Minerals Completes Acquisition Of New Placer Dome Gold


$ FINANCINGS

York Harbour Metals Announces Upsized $10 Million Private Placement of Units
Compass Gold Closes $1,094,800 Non-Brokered Private Placement
Blue Star Gold Announces $6M Non-Brokered Private Placement
Murchison Minerals Announces $5,500,000 Non-Brokered Private Placement
Northisle Copper and Gold Announces C$5.5 Million Non-Brokered Private Placement


NEW / DUAL LISTINGS

American Creek Resources Adds OTCQB Listing to Capitalize on Investor Interest in the United...
Infinitum Copper Commences Trading on OTCQB Market Exchange
Osisko Development Announces NYSE Listing and Satisfaction of Escrow Release Condition for...
Sandstorm Gold Royalties and Equinox Gold Launch Sandbox Royalties: A Diversified Metals...
Osisko Development to Commence Trading on the New York Stock Exchange





BOARD / MANAGEMENT CHANGES

Snow Lake Lithium Announces Chairman Resignation, Board Appoints CEO Philip Gross.
Pantera Silver Adds Capital Markets Veteran to Board of Directors
Secova Metals Announces Appointment of New CEO to Drive Montauban Into Full Production
Kenorland Minerals Announces Changes to the Board of Directors
Nuclear Engineer, Susan Hoxie-key, Joins Encore Energy Board Of Directors


DRILL PERMITS / TARGETS

Mountain Boy Minerals: Southmore Copper-Gold Project in BC's Golden Triangle
Carlyle Commodities Receives Newton Project Exploration Permit
Gold’n Futures Mineral Defines Major Extensions to Gold Structures & New Priority Gold
HighGold Mining Announces US$9 million 2022 Exploration Program at Johnson Tract Project,
Freeman Gold Receives Approval Of Plan Of Operations And Provides Lemhi Gold Project Update


$ STRATEGIC INVESTORS

Murchison Minerals Announces $5,500,000 Non-Brokered Private Placement
Canex Metals Closes C$2.5 Million Equity Financing
Lucky Minerals Announces New Strategic Investor, Michael Gentile, a $1.8 M Non-Brokered
Tectonic Metals Announces C$3 Million Strategic Investment by Leading Alaskan Native
Bald Eagle Gold Announces $2,300,000 Private Placement Led by Crescat Capital
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Thanks for being with us tonight

Great to see you :)


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Feature : Gravitas Plus: The dark side of Electric Vehicles


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Jan Nieuwenhuijs: Austria's gold transfer from London is seven years overdue

Submitted by admin on Fri, 2022-06-03 12:03 Section: Daily Dispatches

By Jan Nieuwenhuijs
Gainsville Coins, Lutz, Florida
Thursday, June 2, 2022

A plan conceived by the Austrian central bank in 2015 to move 50 tonnes of their monetary gold from London to Switzerland has not been realized seven years later. Here is an introduction to what could possibly have happened.

Since 2007 the Austrian central bank (Oesterreichische Nationalbank, hereafter "OeNB") owns a few kilograms short of 280 tonnes of gold. In a report released by the Austrian “court of audits” (Rechnungshof, RH) from February 2015 it stated Austria was holding too much of its metal (82%) in London at the Bank of England.

The court of audits concluded that all contracts between OeNB and its external depositories, but mainly the one in England, contained deficiencies and auditing measures were lacking.

Soon after the Austrian central bank announced a new storage concept. Contracts with external depositories would be reviewed and amended, 90 tonnes stored at BOE would be repatriated, and 50 tonnes would be transferred from London to Switzerland. Within five years (by 2020) the new storage concept should have been completed. ...

... For the remainder of the report:

https://www.gainesvillecoins.com/blog/austrian-gold-via-london-switzerland-has-not-arrived


Thank you to all M+M contributors past and present

Hope everybody is having a good weekend

Today's Treats


Thought of the Day

Today’s thought…


June 03, 2022:


"Paradoxically, when "dumb" money acknowledges its limitations, it ceases to be dumb."

--Warren Buffett, chairman?s letter, Berkshire Hathaway annual report, 1993, http://www.berkshirehathaway.com/letters/1993.html


This Day in Financial History


Learn what happened in business in today’s past


June 03:

1980: The Business Cycle Dating Committee of the National Bureau of Economic Research, the official arbiter of the nation's economic recessions and expansions, finally declares that a recession has begun -- in January, 1980, that is.

http://www.nber.org/cycles.html

1880: Wireless telecommunication gets a quick false start when Alexander Graham Bell transmits the first message on his new "photophone," which bounces sound off a mirror and uses a beam of sunlight to project the mirror's vibrations onto a photosensitive receiver. Although Bell was never able to commercialize his photophone, modern fiber optics work on the same basic principle.

http://memory.loc.gov/ammem/today/jun03.html

1775: The national debt of the U.S. is born, as the Continental Congress authorizes a loan of 6 million pounds sterling to buy gunpowder. Like politicians today, our founding fathers couldn't wait to spend money they didn't have.

William G. Anderson, The Price of Liberty: The Public Debt of the American Revolution (University Press of Virginia, Charlottesville, 1983), p. 6.


This Night In Rock History


1977 - Bob Marley & the Wailers

Bob Marley & the Wailers released Exodus. The album featured the hits, 'Jamming', 'Waiting In Vain', 'Three Little Birds' and 'One Love'. In 1999, Time magazine named Exodus the best album of the 20th century.

One of 'the corks' favs taken us out tonight


Have a Wonderful weekend all and thanks
J:D

tags, Junior mining network,GATA dispatches,Jason Zweig,This Day in Music, Sandvik Mining and Rock Solutions,Bob Marley, MaxKoMusic [No-Copyright Music] ,
WION Gravitas Plus, Caterpillar Mining,Perfte Transfer Cart, JAMA Mining Machines,

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