Replies to post #35728 on Value Microcaps Junior Miners

[Lone Clone]

NTH, KTN, WM

Nord Precious Metals aka NTH owns a property called Castle in Cobalt, Ontario which hosts a number of past producing mines. They have now began investigating one called Capitol which produced large amounts (over 52M oz) Ag plus Co even though most of the potential ore was never mined due to logistical considerations.

As with the already established Robinson and Big Silver zones, their first few drill holes have found the type of narrow high grade mineralization usual for the area. What has been dubbed the All-Stars zone yielded intercepts including 5441.4 g/t Ag over 0.37 and 3730 g/tAg over 0.75m. Next up is drilling to try to connect Robinson with All-Stars.

https://www.siliconinvestor.com/readmsg.aspx?msgid=34674118

Kootenay Silver aka KTN released six more holes from the ongoing drill campaign on the D Vein on its Columba silver prospect in Chihuahua, Mexico.Four of the holes were shallow ones aimed at establishing the vein orientation for later follow-up, but the other two were more significant Both came up with rich mineralization -- please refer to the PR for assays as they are difficult to represent in the forum -- that have extended the strike length of the vein from 450m to 650m.

KTN was impressed enough by the assays to bring in another drill to test exploration targets, though it is unclear from the wording whether these targets are along the D Vrin or others on the property, while the other will continue steeping out along the D Vein. Once they have established the full strike length, the emphasis will switch to infill drilling in preparation of a Resource Report expected before the end of the year.

https://www.siliconinvestor.com/readmsg.aspx?msgid=34674190

Quebec gold developer Wllbridge Mining aka WM released the results of a short drill programme recently completed in and around its Fenelon project. Most of the results were near surface, some infill and some just outside the MRE, with the headline intersections being 29.48 g/t Au over 1.4m and 37.95 g/t Au over 1.9m in a hole just outside the MRE.They also pulled some good intercepts in both deep and shallow infill drilling in various zones. The shallow hits should help produce better numbers in the PEA for Fenellon currently underway.

WM also tells us they will shortly be releasing the results of another drill campaign completed recently at the nearby Matiniere property, which will be part of the PEA, and that an exploration drill programme will begin in June.

https://www.siliconinvestor.com/readmsg.aspx?msgid=34675410

Saville opines that based on the sentiment readings, a breakout by gold to a new ATH is likely within the next few months. (There may also be a short lived spike in the interim.) He also thinks silver is likely to make it to $35 in the next few months, but has no opinion on whether that will lead to a further breakout. He likes gold stocks here, with the gold/oil ratio, a proxy for miner's profitability, making new highs.

[Bobwins]

Thanks for the tip on Impact. I just can't get excited about them. Owner runs it like a hobby. Maybe it's changed but never really ramps up production. I do understand that's it's producing mostly silver, which is rare these days. Most bigger silver producers get lured into gold mines because of the higher returns. First Majestic used to brag about it's silver predominance but then got greedy and went after Eric Sprott's gold mine in Nevada. Spent millions trying to prove that mine was failing due to under investment. Finally put it on care and maintenance after losing so many millions.

I do have an explorer in Blackrock Silver. They have 100 million high grade oz plus in Nevada. Stock hasn't done well lately. They diluted a lot because they drilled so much but the silver is there. CEO is a promoter rather than an operator so they will never build that mine.

I think the silver bull run is finally going to happen. Been waiting a looong time. Chen thinks China has adopted a new solar technique, layering solar cells on the top and bottom of the panels. Boosts capacity and China makes almost all solar panels. This change is rolling thru the industry and should take full effect this year and boost usage of silver. Unfortunately they got over zealous about overbuilt capacity. Some factories are going out of business but solar should survive and use more silver. Chen is predicting a bigger silver deficit this year and higher silver prices. We'll see if he's right.