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February 21, 2019

7 @ 7:00

Check back later today for Daniel’s Den and visit the BMR comments section throughout the day for updates and helpful information!

1. Gold has traded between $1,330 and $1,341 so far todayas of 7:00 am Pacific, bullion has retreated $an ounce to $1,329 on some healthy profit-taking…Silver has slipped 19 cents to $15.83…base metals are essentially flat with Copper, Nickel and Zinc trading at $2.87, $5.78 and $1.23, respectively…Crude Oil is 12 cents lower at $57.04 while the U.S. Dollar Index is unchanged at 96.53…the chief executives of Canada’s biggest bank and its largest pipeline company warned yesterday, during an event at the Canadian Club in Toronto, that Canada is at risk of squandering a huge advantage it it does not come together to tap the potential of the energy industry…Royal Bank of Canada (RY, TSX) CEO Dave McKay added that business leaders also need to be stronger advocates for the sector to give government the cover needed to forge ahead with changes…many Canadians seem to forget that energy makes up a whopping 10% of Canada’s GDP…estimates are that the country could increase its annual GDP by 40% or more (adding another 1.1% or so to the actual GDP figure) if its Oil and gas industry gains access to the right markets and investments, but climate change extremists want nothing of that which is why Canada will continue to lag behind the growth of the United States…

2. A reading of U.S. manufacturing sentiment fell in February to the lowest level in 17 months, another sign of declining momentum in the industrial sector, though the overall economy remains strong…the flash reading of the IHS Markit manufacturing purchasing managers index fell to 53.7 from 54.9 in January, on a scale where any reading above 50 indicates improving conditions…the weakness comes on the same day the Philadelphia Fed reported its gauge of manufacturing fell into negative territory for the first time since May 2016…however, a separate reading by IHS Markit of the services industry saw improvement, rising to an 8-month high of 56.2…other data released this morning included U.S. home sales which fell in January to their lowest level in more than 3 years while house prices rose only modestly…across the globe, other manufacturing PMI readings were generally weak, including from Australia, which is particularly sensitive to Chinese demand…

3. Kirkland Lake Gold (KL, TSX) continues to please with upward revisions…the company announced this morning that it has revised and increased its consolidated 3-year production guidance and improved its unit cost guidance for 2019…the stock has responded favorably. hitting new highs…KL sees potential for 1 million ounces in 2019 with 3-year production guidance increased to 920,0001,000,000 ounces for this year, 930,0001,010,000 ounces for 2020 and 995,0001,055,000 for 2021…Fosterville 3-year guidance has been revised to 550,000610,000 ounces for 2019 and 2020, with production guidance for 2021 remaining unchanged…consolidated unit-cost guidance for 2019 has improved, with operating cash costs per ounce guidance revised to $300 – $320 from $360 – $380 previously, with AISC per ounce sold improved to $520 – $560 compared to previous guidance of $630 – $680…mineral Reserves at Macassa, which will drive production growth for KL in future years, have increased 11% to 2,250,000 ounces @ 21.9 g/t…President and CEO Tony Makuch commented, “Since November 2016, Fosterville has been transformed into one of the world’s highest-grade, most profitable Gold mines, which has greatly benefited Kirkland Lake Gold and its shareholders.  The completion of Fosterville’s December 31, 2018 Mineral Reserve and Mineral Resource estimates, with the related revisions to its life of mine plan and production profile, have taken that transformation to an even higher level, with the potential for much more to come.  Largely driven by the 34% increase in the Fosterville Mineral Reserve grade, we are now on track to achieve significantly higher levels of production at Fosterville in 2019 than previously expected and could reach 1 million ounces of annual Gold production as early as this year.  Just as encouraging as the growth in ounces, is the fact that with a higher average grade at Fosterville, as well as at Macassa, our Mineral Reserve ounces are more valuable, which means improved unit costs and increased cash flow per ounce going forward based on current Gold prices”

4. Marathon Gold (MOZ, TSX) has closed the sale of a 2% NSR to Franco-Nevada (FNZ, NYSE) linked to production at the Valentine Lake Gold camp in central Newfoundland, for gross proceeds of $18-million…the NSR applies to the entire Valentine Lake Property and covers the sales of precious and base metals and minerals…Marathon has an option to buy back 0.5% of the NSR for $7 million (U.S.) until December 31, 2022Franco-Nevada’s purchase of the NSR is a major endorsement of the Valentine Lake Project by one of the best-known and regarded public royalty companies,” said Phillip Walford, President and CEO of Marathon“The proceeds from this strategic financing transaction will allow Marathon to fast-track the completion of the Prefeasibility Study in 2019Marathon is carrying out an aggressive program of engineering, drilling and environmental programs for the remainder of 2019, targeting completion of the PFS by the end of 2019…a key element of this program is an infill drilling program focused on upgrading Inferred resources in the Leprechaun and Marathon pits to the Measured and Indicated categories…in addition, an exploration drill program will test the Sprite Gap. Condemnation drilling is also planned for infrastructure locations, along with geotechnical drilling…Marathon’s ongoing metallurgical test work program being conducted by SGS, under the guidance of consulting metallurgist John Goode, is a key component of the PFS and a subsequent feasibility study…the results to date from the metallurgical test work, which commenced in September, have been very encouraging, according to the company….

5. The U.S. and China have started to outline commitments in principle on the stickiest issues in their trade dispute, marking the most significant progress yet toward concluding a deal, according to a Reuters‘ report this morning…the world’s 2 largest economies have slapped tit-for-tat tariffs on hundreds of billions of dollars of goods, slowing global economic growth, skewing supply chains and disrupting manufacturing…as officials hold high level talks today and tomorrow in Washington, they still remain far apart on demands made by the Trump administration for structural changes to China’s economy…however, the broad outline of what could make up a deal is beginning to emerge from the talks, as the two sides push for some sort of agreement by March 1…that marks the end of a 90-day truce that Trump and Chinese President Xi Jinping agreed to when they met in Argentina late last year…negotiators are drawing up 6 memorandums of understanding on structural issues: 1) forced technology transfer and cyber theft; 2) intellectual property rights; 3) services; 4) currency; 5) agriculture; and 6) non-tariff barriers to trade…the MOUs cover the most complex issues affecting the trading relationship between the two countries and are meant, from the U.S. perspective, to end the practices that led Trump to start levying duties on Chinese imports in the first place…several Chinese government sources told Reuters that the two countries have basically reached a consensus on alleviating the trade imbalances, but there were still some differences on each other’s “core demands” that they were seeking to narrow…

6. The Dow is off 92 points after 30 minutes of trading…the index is aiming for its 9th straight weekly gain…in Toronto, the TSX is 34 points lower…the TSX Gold Index touched the 200 level for the first time yesterday since January 2018…the Venture is up 1 point at 623, the start of a key Fib. resistance band…Khiron Life Sciences (KHRN, TSX-V) is hitting new highs as it approaches nearest measured Fib. resistance at $4…the stock is up 30 cents in early trading at $3.89Westhaven Ventures (WHN, TSX-V) has started a new phase of drilling at its Shovelnose Gold Property south of Meritt in the B.C. southern interior…Westhaven completed 22 diamond drill holes for a total of 8,543 m in the newly discovered South zone during the 2nd half of last year…the limited drilling to date has located and traced substantial epithermal quartz veining over a strike length of 720 m and a vertical range of 320 m…the ultimate dimensions of this vein system remain to be determined and will require extensive drilling to test its full potential…the South zone, as presently outlined, consists of 2 large subparallel quartz veins (Zones 1 and 2) and related zones of sheeted quartz veinlets…grades are impressive…Corvus Gold (KOR, TSX) has drilled 38.1 m grading 2.58 g/t Au at its Mother Lode deposit in Nevada, extending mineralization to the east of the initial resource…results continue to show high potential for expanding the system further to the east, and also to the west as well as at depth…in addition, many of the holes have ended in mineralization and have thickening oxide zones at depth…resource expansion drilling at Mother Lode is ongoing with 15,000 m planned during the current phase…

7. The world’s biggest undeveloped Gold and Copper mining project, planned in southwestern Alaska near the largest fishery for sockeye salmon globally, moved a step closer to approval yesterday thanks to a pro-resource Trump administration after the U.S. Army Corps of Engineers released a draft environmental impact statement…the Pebble Mine would produce 70 million tons of Gold, Molybdenum and Copper ore a year and create a pit 1,970 feet (600 m) deep…a new road, pipeline and power plant would be built, according to the mine plan…the site is near Lake Iliamna in southwestern Alaska between the headwaters of two rivers that drain into Bristol Bay…the Corps‘ draft statement came after public meetings that began last April to hear views from tribes and local communities about the potential benefits and environmental risks of the project…it did not recommend any action pending a final environmental impact statement next year…a decision on a construction permit is expected in mid-2020…the statement did point to the economic benefits from the project, while noting the mining plan incorporated ways of mitigating the environmental impact…“From the broad, macroeconomic scale, the project need is reflected in the worldwide demand for Copper,” it said, adding that “the public also has an interest in improving the economy of the state, in the creation of jobs in the state, and in the extraction of natural resources for the benefit of the state”

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20 Comments

  1. Sell off in CCW today back under 50cent. Never thought that would happen again but makes me think games are afoot especially with Battery Metals and others sniffing around. Any deal will be done at a premium to the 20 day average so makes me think someone wants to keep this price low. Unfortunate but thats just the way things work. Frank’s only chance of getting a decent price from a suitor is some nice gold grades which I do believe are on the way. Definitely games going on.

    Comment by Patrick — February 21, 2019 @ 11:43 am

  2. Warrants on CCW are coming due as well .. peeps may be selling stock to buy warrants that are in the money.. many reasons why the stock languishes.. hopefully Franks history with GGM isnt one of them

    Comment by Jeremy — February 21, 2019 @ 3:00 pm

  3. Jeremy, those 20-cent warrants are virtually all gone now…hardly any left…much of Frank’s problem with GGM revolved around the cheap 5-cent flow through PP’s…he learned his lesson and CCW has never done flow through, and PP’s have all been at escalating prices with the last one at 0.65…best share structure in district…when investors start to appreciate how much cash this company could generate starting this year, it’s going to be a much different story…some interesting tidbits in Tuesday’s news that many investors have totally overlooked, but that’s ok…been busy accumulating some more paper the last 2 days…

    Comment by Jon - BMR — February 21, 2019 @ 5:02 pm

  4. Holy cow Jon…. are you over a million shares CCW?!!

    Comment by Weatheritout80 — February 21, 2019 @ 5:12 pm

  5. Jon: There are also 2.5M free CCW shares being distributed to GGM shareholders (next week, I believe), in addition to any leftover warrants that are likely responsible for selling pressure.

    Comment by adrobyshev — February 21, 2019 @ 5:16 pm

  6. But jon, aren’t there more cheap shares coming soon in June and july?

    Comment by Nick — February 21, 2019 @ 5:37 pm

  7. Well over, Weatheritout80.

    Comment by Jon - BMR — February 21, 2019 @ 6:48 pm

  8. No comments on GGI news?

    Comment by Gregh — February 21, 2019 @ 7:00 pm

  9. Those CCW shares are very spread out over many hundreds of shareholders, Adrobyshev, some of whom don’t even notice when it finally lands in their account.

    Comment by Jon - BMR — February 21, 2019 @ 7:59 pm

  10. Shallow new zone with 7.7% Nickel in massive sulphides above Discovery Zone(s) at Nickel Mountain, in thickest intercept yet east of Northwest zone…Lightfoot’s comments are very telling, one can infer from what he says that this is going to be a mine…also, evidence for a “separate and deeper chamber approximately 160 meters below the Lower Discovery zone” – wow…maps and level of detail are fantastic…best technical disclosure GGI has ever provided…

    VANCOUVER, Feb. 21, 2019 /PRNewswire/ – Garibaldi Resources (TSX.V: GGI) (the “Company”) or “Garibaldi”) is pleased to announce that the Company has drilled into widespread near-surface nickel-copper sulphide mineralization including massive sulphides in what is now referred to as the “Northeast” zone at Nickel Mountain, further building on the Golden Triangle’s first nickel-copper-rich sulphide system that also includes cobalt, platinum, palladium, gold and silver.

    The shallow new Northeast zone, located above the “Upper Discovery” and “Lower Discovery” zones, has now been intersected in three drill holes and is open to the east and north.

    Highlights:

    Drill hole EL-18-33 cut three separate intervals highlighted by 4.8 meters of massive sulphides featuring 7.7% nickel and 2.95% copper within a broader 49-meter intersection starting at a downhole depth of just 37.9 meters and grading 1.34% nickel and 0.89% copper (see attached map).

    This textbook magmatic sulphide intersection in EL-18-33 started 37.9 meters downhole within a well mineralized taxitic gabbro chamber above, grading from disseminated into semi-massive sulphides at 75.7 meters downhole, and then massive sulphides starting at 77.1 meters. Disseminated mineralization exceeding combined 1% nickel-copper threshold was intersected further down the hole in two separate intervals starting at 94.5 meters and 143.1 meters, respectively, including a precious metal-rich 1.0-meter interval (95.9 m to 96.9 m) highlighted by 4 g/t palladium, 2.7 g/t platinum, 2 g/t gold and 14.9 g/t silver in an area that warrants further investigation;
    Drill hole EL-18-30, collared from the same location as EL-18-33 but drilled slightly further toward the east, also intersected the shallow Northeast zone massive sulphide sequence. Assays returned 7.8% nickel and 3.2% copper over 3.2 meters within a broader 9.7-meter interval grading 3% nickel and 1.6% copper. EL-18-30 also cut two other intervals of disseminated mineralization exceeding 1% nickel-copper threshold, starting from surface;

    A detailed review of geological and geophysical information pertaining to the Upper Discovery and Lower Discovery zones has revealed a robust flat-lying massive sulphide system with continuity that remains open for expansion in multiple directions as shown in new maps attached to this news release.

    Assay results for the final 13 holes of the 2018 program (EL-18-34 through EL-18-46) are pending and will be released when received, reviewed and interpreted.
    Dr. Peter Lightfoot, Technical Adviser for Garibaldi, commented: “EL-18-33 and EL-18-30 confirm the exceptionally high grades of the massive sulphide mineralization in the new Northeast zone, first detected in EL-18-23 (see Oct. 21, 2018, news release), at shallow levels on the northern flank of the E&L Intrusion.

    “What’s most striking to me about the Upper and Lower Discovery zones, upon review of extensive data, is not just the grades but how the massive sulphide sheets are gently dipping and appear to be stacked at the southern margin of the E&L Intrusion,” Dr. Lightfoot continued. “The observation these zones are stacked on the south flank of the Intrusion and also developed on the north flank adds an important guide in exploration of the E&L Intrusion at depth and along strike. There are analogues to this among nickel sulphides deposits elsewhere around the globe.”

    To view the Geology/Mineralization Plan and Section map please visit: http://www.marketsmartinfo.com/GGI_EandL_Plan_and_Section_20190203d.jpg

    Upper and Lower Discovery Zones

    Following detailed petrological and geochemical data from drill core, coupled with assays reported previously, geological sections and plans have been constructed to illustrate the distribution of massive and disseminated sulphides in relation to the E&L Intrusion, Hazelton Group sedimentary rocks, and equigranular gabbros of the Nickel Mountain Gabbroic Complex (see attached maps).

    The E&L Intrusion typically consists of taxitic to orbicular textured gabbro and melagabbro with disseminated sulphides and locally grades into a texture of melagabbro orbicles separated by heavily disseminated sulphide. The immediately adjacent sub-horizontal sediment-hosted massive sulphide mineralization of the Lower Discovery zone is shown to extend laterally more than 120 meters and has not been closed off. The Upper Discovery zone comprises massive sulphides at the edge of the E&L Intrusion, and the north-south facing cross section illustrates that these sub-horizontal sheets appear to be stacked at the edge of the Intrusion. The Upper Discovery zone is open to the west, east and south.

    The sheet-like massive sulphides of the Lower and Upper Discovery zones and the overlying Northeast zone are indicative of a strong sub-horizontal control on massive sulphide mineralization at the edge of the E&L chamber. This will help guide aggressive drilling that targets expansion of existing zones and the discovery of new massive sulphide zones in 2019.

    To view the Upper/Lower Discovery Schematic Cross Section map please visit: http://www.marketsmartinfo.com/GGI_EandL_DiscoZone_2019_02_04c.jpg

    To view the Discovery Zone Schematic 1750M Elevation map please visit: http://www.marketsmartinfo.com/GGI_EandL_1750_2019_02_04c.jpg

    Drill Hole EL-17-01 Revisited

    A further review of data related to Garibaldi’s first drill hole at Nickel Mountain in August 2017 suggests that EL-17-01 was even more significant than initially believed. EL-17-01 provides geochemical and geological evidence that there is a separate and deeper chamber approximately 160 meters below the Lower Discovery zone.

    Exploratory Drilling Outside of Main Zones

    Garibaldi’s 2018 drill program was designed with two primary goals. The highest priority was to focus on expanding the known mineralized footprint around both the historic Northwest zone and the 2017 Discovery zone, with a particular emphasis on detection of high value massive sulphides utilizing borehole electromagnetic geophysics.

    The second priority was to confirm and outline the extent of the E&L Intrusion in a 1.5 km radius from the Northwest and Discovery zones. The emphasis was on conductive, magnetic and geological features associated with known mineralization. The following large step-out exploratory holes did not intersect mineralization exceeding combined 1% nickel-copper but provided invaluable geological information to the south and southwest of the mineralized zones:

    Drill hole EL-18-31 targeted the east side of the northeast fault zone. Encouragingly, nearly the entire hole consisted of Nickel Mountain gabbro, intersecting a thick 275-meter sequence of gabbro to locally taxitic E&L gabbro, including well-developed orbicular features from 373 to 394 meters. This confirms the area is highly prospective.

    Drill hole EL-18-29 was a 700-meter step-out to the southeast, targeting the center of the Anomaly F VTEM conductor. The hole intersected a thick sequence of volcanics with some sedimentary rocks. The sparse pyritic mineralization encountered would not explain the conductivity.

    Drill holes EL-18-28 and EL-18-32 were both large step-outs, 1.4 km south of the Northwest zone testing portions of a magnetic anomaly. Both holes outlined mostly Hazelton volcanic rocks with no significant mineralization but provided important stratigraphic knowledge. The highlight was 39 meters of melagabbro in EL-18-28 from 679.8 to 718 meters with trace to 1% sulphides (pyrite-chalcopyrite). This intersection is 775 meters south of taxitic melagabbro in EL-18-26 and provides an attractive target area for follow-up exploration.

    Drill hole EL-18-27 tested for sulphides following the SW-NE trending fault behind the Northwest zone massive sulphides. This hole intersected Nickel Mountain gabbro but not significant mineralization. Its importance was to help map out the extent and shape of the Intrusive complex.

    El-18-25 and EL-18-26 tested the area below the Sumitomo adit. Hole 25 was abandoned at 95 meters due to the change in dip downhole exceeding thresholds. Hole 26 encountered a sequence of disseminated sulphides in taxitic gabbro and melagabbro of the E&L Intrusion. This part of the intrusion warrants further exploration.

    Nickel Mountain Drill Core Comes To PDAC

    Steve Regoci, Garibaldi President and CEO, commented: “The massive sulphide grades at Nickel Mountain continue to be in the very top tier globally as evidenced by the new Northeast zone near-surface discovery. A much bigger overall picture is also emerging with the four known zones open in multiple directions and showing continuity of mineralization.

    “As we evaluate the balance of the data that will continue to flow in from the 2018 program over the next few weeks, we are simultaneously planning a vigorous fully-funded 2019 drilling campaign designed to take the Nickel Mountain Project to an entirely new level given our greatly enhanced understanding of this dynamic and structurally intriguing system. We look forward to meeting investors at PDAC in Toronto in early March where Garibaldi has been selected to participate in the prestigious and popular Core Shack portion of the world’s premier mineral exploration and mining event,” Regoci concluded.

    Quality Assurance/Quality Control (QA/QC)

    Garibaldi Resources has applied a rigorous quality assurance/quality control program at the E&L Nickel Mountain Project using best industry practice. All core was logged by a professional geoscientist and selected intervals were sampled. NQ2 drill core was sawn in half and each sample half was placed in a marked sample bag with a corresponding sample tag then sealed. The remaining half core is retained in core boxes that are stored at a secure facility in Smithers, British Columbia. Chain of custody of samples was recorded and maintained for all samples from the drill to the laboratory. All diamond drilling sample batches included 5% QA/QC samples consisting of certified blanks, standards and field duplicates. Two certified ore assay laboratory standards and one blank standard were used in the process and were supplied by CDN Resource Laboratories Ltd., an independent laboratory located in Langley, British Columbia. Samples were submitted to SGS Canada Inc. in Vancouver, British Columbia, an ISO 9001: 2008 certified lab, for base metal, sulphur and precious metal analysis using Inductivity Coupled Plasma (ICP), Fire Assay (FA) and Leco methods.

    Samples were prepared by crushing the entire sample to 75% passing 2 mm, riffle splitting 250 grams and pulverizing the split to better than 85% passing 75 microns. Gold, Platinum and Palladium were analyzed using a 30-gram fire assay and ICP-AES. Total sulphur was analyzed using a Leco method. Nickel, copper, cobalt, silver and other elements were analyzed by sodium peroxide fusion and ICP-MS.

    The performance on the blind standards, blanks and duplicates achieved high levels of accuracy and reproducibility and has been verified by Jeremy Hanson, a Qualified Person as defined by NI-43-101.

    Qualified Person Data Verification

    Mr. Jeremy Hanson, P.Geo., VP Exploration Canada for the Company, and a Qualified Person as defined by NI-43-101, has supervised the preparation of, reviewed and approved of, the disclosure of information in this news release. Mr. Hanson has verified the data, including drilling, sampling, test and recovery data by supervising all of such procedures. There are no known factors that could materially affect the reliability of data collected and verified under his supervision. No quality assurance/quality control issues have been identified to date.

    About Garibaldi

    Garibaldi Resources Corp. is an active Canadian-based junior exploration company focused on creating shareholder value through discoveries and strategic development of its assets in some of the most prolific mining regions in Mexico and British Columbia.

    We seek safe harbor.

    GARIBALDI RESOURCES CORP.

    Per: “Steve Regoci”
    Steve Regoci, President

    Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or the accuracy of this release.

    View original content to download multimedia:http://www.prnewswire.com/news-releases/garibaldi-drills-7-7-nickel-over-4-8-meters-within-49-meter-intercept-in-new-shallow-zone-at-nickel-mountain-300800192.html

    Comment by Jon - BMR — February 21, 2019 @ 8:05 pm

  11. the Gold looks pretty good as well..

    Comment by Laddy — February 21, 2019 @ 8:46 pm

  12. GGI news looks good. In regards to the drop in the CCW share price who knows why people are selling. At the moment the only thing that the market seems to like is high grade gold discovery and luckily CCW should have some nice results coming up soon. You can see this in MOON who had excellent results yet no move from the market. If there was gold involved it would have taken off. Still hard to believe that CCW’s silver and cobalt grades were ignored by the market. Might follow Jon’s lead and buy a few more although my holding is way lower it is still an important part of my portfolio. Also GWM and IMR are coming close to being a buy again. Still very early days in this bull market.

    Comment by Patrick — February 22, 2019 @ 3:28 am

  13. Yup Ggi news looks good, continuing to build out. Nothing earth shattering in there but very well done. How will the market react…who knows. Still confident with one more release before PDAC.

    Comment by Weatheritout80 — February 22, 2019 @ 4:43 am

  14. Why not illustrate Ccw drill results in gold equivalent ounces and dollars per kg . The only thing that isn’t even close is the he Maccassa mine in Ontario ?

    Comment by donald — February 22, 2019 @ 4:55 am

  15. Your point is a good one, Donald…

    There were some great nuggets of information in Tuesday’s news…but like a pretty girl walking down the sidewalk, those sexy super high-grade Silver and Cobalt numbers at extremely shallow levels distracted many investors from the most important part of the news…

    First level blasting, removal of stope material and “cemented tailings” – this has put CCW on the path to cash flow that’s going to make some people’s heads spin…some genius moves have been made here…details to come…

    Plus, of course, the idea that a high-grade Gold system could exist in a favorable Archean rock package adjacent to 3 past producing high-grade Silver mines is no more unusual than a high-grade Nickel sulphide system in the heart of a high-grade Gold Camp like Eskay…

    5th hole of surface program at Castle East discovery is about to begin…

    Comment by Jon - BMR — February 22, 2019 @ 5:12 am

  16. Yeah, I guess the idea of nearly 8% Nickel (plus everything else) in a massive sulphide zone at just 75 m vertical depth that could continue for at least a few hundred meters to the east following a trail of massive sulphide boulders and favorable geology is not earth shattering…

    …or the flat-lying massive sulphide sheets that are gently dipping and appear to be stacked at the southern margin of the Intrusion, analogous to other Nickel sulphide deposits around the globe…

    …or the mysterious deeper chamber 160 m below the Lower Discovery Zone…

    Comment by Jon - BMR — February 22, 2019 @ 5:24 am

  17. Earth shattering in regards to market perception Jon. But…I could be wrong.

    Comment by Weatheritout80 — February 22, 2019 @ 5:27 am

  18. Drilling still a few months, away, weatheriout80, so that’s a factor here…going to be a powerful 2nd half of 2019…

    Comment by Jon - BMR — February 22, 2019 @ 6:01 am

  19. Jon, in Frank’s recent CCW SmallCapPower video, he says they hit “let’s say a fair amount of massive sulfides.” Can you elaborate a bit more on this? Obviously GGI / Massive Sulfides is one thing looking for nickel but for CCW it’s high-grade gold amount other things…thanks…

    Comment by flyinthruu — February 22, 2019 @ 6:17 am

  20. CCW is certainly providing great news for Gowganda and hoping IMR along with CCW’s new gold potential discovery creates Goldganda results! Are we still hearing good things with IMR? Hoping both can provide some preliminary results for the PDAC.

    Comment by MIKE — February 22, 2019 @ 6:41 am

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