Value Microcaps Junior Miners

[Lone Clone]

NOVR, TUO, CCW

It's getting near the end for Nova Royalties aka NOVR. Their shareholders have voted in favour of the takeoeover by MTA. Expect the transaction to close soon.

https://ca.finance.yahoo.com/news/nova-announces-shareholder-approval-arrangement-220000511.html

Wondering why Teuton Resources aka TUO is up big today? Look no further than the release of more drilling results from the Treaty Creek property in BC's Golden Triangle, owned by TUO and two JV partners. This release contains results from only two and a half holes -- one was a wedge from a hole that failed due to ground conditions -- but contains some real doozies.

The holes were once again in the northeast quadrant of the enormous Goldstorm deposit.

Hole GS-23-177 included both long intercepts -- 517.5m @ 1.01 g/t AuEq -- but also two high grade sections of the type that improve the economics of mine development -- 82.5m of 1.92 g/t AuEq within 311.5m of 1.04 g/t AuEq plus 19.50m of 5.70 g/t AuEq (5.41 g/t Au, 1.09 g/t Ag, 0.24% Cu).

The wedge hole was even more impressive, yielding 273.75m of 2.19 g/t AuEq (1.98 g/t Au, 3.30 g/t Ag, 0.15 % Cu) that includes an enriched central core that averaged 3.51 g/t AuEq (3.23 g/t Au, 5.57 g/t Ag, 0.19 % Cu) over 123.0m. But even better, an intercept of 15.0m of 15.64 g/t AuEq (14.89 g/t Au, 4.72 g/t Ag, 0.60 % Cu) appears to correspond to a similar zone found in an earlier hole 135m to the west.

The geologists are now thinking that this represents a later mineralization event that overpinted the existing Cu/Au porphyry with a discrete high-grade gold-dominant quartz stockwork system. If they are correct, and they can increase the size of this overprint, that will be a huge benefits to the economics of any potential mine.

https://www.siliconinvestor.com/readmsg.aspx?msgid=34491434

Canada Silver Cabalt aka CCW continues to add to its stable of properties in Quebec, which now totals over 32k hectares over 14 properties. The latest addition is Lac Guay, a 2335-ha prospect located 5km north of CCW's Lowney-Lac Edouard property. Lac Guay is also 50km north of a suite of past-producing polymetallic mines, and past sampling has found evidence of both PM and BM mineralization. Initial exploration will begin in the spring.

https://www.siliconinvestor.com/readmsg.aspx?msgid=34491387

Saville opines that copper will likely start a dive to around $3.20 before year end as news of a US recession kicks in. This has me contemplating selling at least some of my ARG shares after the coming ex-dividend date in the hopes of reloading lower later.