Tuesday 21st November 2017

Resource Clips


Posts tagged ‘gold’

Gold-copper grades complement Golden Dawn Minerals’ revival of B.C. past-producers

October 31st, 2017

by Greg Klein | October 31, 2017

As drilling continues, Golden Dawn Minerals TSXV:GOM released assays from Golden Crown, one of the projects included in the company’s plan to revive southern British Columbia’s historic Greenwood mining camp.

Gold-copper grades complement Golden Dawn Minerals’ revival of B.C. past-producers

So far the current Golden Crown program has sunk 1,488 metres in 21 surface holes. Results show significant gold and copper in massive sulphide zones or veins and adjacent wall rock, with mineralization in the host rock diorite and serpentinite, Golden Dawn stated. “This style of mineralization was not previously recognized and was not systematically tested in the historic drill holes,” the company added.

Some highlights from the project’s King and Winnipeg zones show:

Hole GC17-02:

  • 3.53 g/t gold and 0.11% copper over 12.3 metres, starting at 9.24 metres in downhole depth
  • (including 7.66 g/t gold and 0.13% copper over 4.6 metres)

GC17-05

  • 5.14 g/t gold and 1.18% copper over 7 metres, starting at 14.65 metres
  • (including 12.27 g/t gold and 1.96% copper over 2.7 metres)

  • 12.6 g/t gold, 2.9 g/t silver and 0.26% copper over 0.56 metres, starting at 79.96 metres

GC17-08

  • 7.55 g/t gold 2.4 g/t silver and 0.23% copper over 0.7 metres, starting at 80.52 metres

True widths weren’t available.

Golden Dawn stated the initial results remain consistent with previously reported assays for the project. At a 3.5 g/t gold-equivalent cutoff, Golden Crown’s 2016 resource shows:

  • indicated: 163,000 tonnes averaging 11.09 g/t gold, 0.56% copper and 11.93 g/t gold-equivalent for 62,500 gold-equivalent ounces

  • inferred: 42,000 tonnes averaging 9.04 g/t gold, 0.43% copper and 9.68 g/t gold-equivalent for 13,100 gold-equivalent ounces

Plans call for infill drilling to upgrade the inferred category and for rehab of the historic underground workings prior to bulk sampling and trial mining expected for next year. Released in June, Greenwood’s PEA also recommended further mine planning, along with metallurgical, geotechnical and environmental studies for Golden Crown.

Meanwhile de-watering continues at the former Lexington mine, another focal point in Golden Dawn’s Greenwood portfolio. The company plans to begin wet commissioning of its Greenwood plant once trial mining begins. The Greenwood projects all sit within an approximately 15-kilometre radius of the company’s processing facility, with a 212-tpd capacity expandable to 400 tpd.

Two weeks ago Golden Dawn released high gold grades, along with silver and base metals results, from sampling on some more recently acquired properties in its regional portfolio.

The June PEA focused on the Golden Crown, Lexington and Mae Mac past-producers, along with the plant. With existing infrastructure, Golden Dawn hopes to put the projects back into production without de-risking at the feasibility level.

In September the company closed the final tranche of a private placement totalling $2.3 million.

Read more about Golden Dawn Minerals.

Update: Mountain Boy Minerals hits visible gold, high-grade assays up to 14.93 g/t over 8.38 metres in NW B.C.

October 31st, 2017

Update: On October 31, Mountain Boy Minerals announced visible gold had been intersected on Red Cliff’s Waterpump zone, described as a faulted extension of the Montrose zone. Four holes had been completed so far at Waterpump, with at least four to six more to come. The company expects to release more Montrose assays soon.

by Greg Klein | October 26, 2017

With one of three drill campaigns vying for attention this season, Mountain Boy Minerals TSXV:MTB moves the Red Cliff project in British Columbia’s Golden Triangle closer to a maiden resource. The latest assays “continue to indicate a large and extensive mineralized zone that has a length of at least 600 metres, a depth of 600 metres and widths up to 40 metres,” said president Ed Kruchkowski. Highlights included 14.93 g/t gold over 8.38 metres and 9.5 g/t over 10.98 metres.

Mountain Boy holds a 35% interest in the project through a JV that has recently acquired additional claims.

Assays for the project’s Red Cliff and Montrose zones, about 1.2 kilometres apart, were released late last month. The current batch comes from Montrose:

Hole DDH-MON-14

  • 4.95 g/t gold over 3.96 metres, starting at 81.71 metres in downhole depth
Mountain Boy Minerals hits more NW B.C. high grades with 14.93 g/t gold over 8.38 metres

A rig tests the Red Cliff project’s Montrose zone.

DDH-MON-15

  • 3.8 g/t over 2.74 metres, starting at 14.63 metres

  • 3.31 g/t over 2.13 metres, starting at 21.65 metres

  • 6.12 g/t over 2.13 metres, starting at 29.7 metres

DDH-MON-16

  • 6.63 g/t over 9.14 metres, starting at 5.79 metres

DDH-MON-17

  • 6.21 g/t over 9.15 metres, starting at 17.38 metres

  • 7.01 g/t over 2.59 metres, starting at 28.81 metres

DDH-MON-18

  • 4.95 g/t over 7.93 metres, starting at 35.98 metres

  • 14.93 g/t over 8.38 metres, starting at 49.7 metres

DDH-MON-26

  • 4.93 g/t over 3.05 metres, starting at 258.54 metres

DDH-MON-27

  • 9.5 g/t over 10.98 metres, starting at 290.15 metres

True widths weren’t provided.

Still to come are assays for 20 other holes. The program drilled five holes on the Red Cliff zone and 35 on Montrose, with a highlight from the latter zone showing 19.9 g/t gold over 4.12 metres. The company now has a crew building a road to move the rig to the Waterpump zone for another eight to 10 holes.

Earlier this week Mountain Boy announced metallurgical results on two composite core samples from a single Red Cliff hole produced recoveries of 94.8% and 97.6% gold, additionally showing potential for lead and copper byproducts.

Also this week Mountain Boy and 65% JV partner Decade Resources TSXV:DEC stated they would buy the Red Cliff vendor’s 1% NSR on a pro rata basis. Mountain Boy’s share will cost $3,500 and 171,428 shares.

Two weeks ago the company released assays from its 20%-held Silver Coin, another Golden Triangle project that had completed 10 holes totalling 1,616 metres out of a 2,000-metre program. Results came in as high as 22.95 g/t gold and 13.1 g/t silver over 2.5 metres; along with 31.02 g/t gold and 28.5 g/t silver over 1.5 metres.

Assays are also pending from the season’s third drill campaign, which consisted of two holes sunk on a barite-sulphide area of Mountain Boy’s 100%-held Surprise Creek project.

The company closed a $586,400 private placement last month.

Read Isabel Belger’s interview with Mountain Boy Minerals chairperson René Bernard.

See an infographic about B.C.’s Golden Triangle.

Paved with mineralization

October 27th, 2017

Norman B. Keevil’s memoir retraces Teck’s—and his own—rocky road to success

by Greg Klein

Norman B. Keevil’s memoir retraces Teck’s—and his own—rocky road to success

Profitable right from the beginning, Teck’s Elkview mine “would become
the key chip in the consolidation of the Canadian steelmaking coal industry.”
(Photo: Teck Resources)

 

“We were all young and relatively inexperienced in such matters in those days.”

He was referring to copper futures, a peril then unfamiliar to him. But the remark’s a bit rich for someone who was, at the time he’s writing about, 43 years old and president/CEO of a company that opened four mines in the previous six years. Still, the comment helps relate how Norman B. Keevil enjoyed the opportune experience of maturing professionally along with a company that grew into Canada’s largest diversified miner. Now chairperson of Teck Resources, he’s penned a memoir/corporate history/fly-on-the-wall account that’s a valuable contribution to Canadian business history, not to mention the country’s rich mining lore.

Norman B. Keevil’s memoir retraces Teck’s—and his own—road to success

Norman B. Keevil
(Photo: Teck Resources)

Never Rest on Your Ores: Building a Mining Company, One Stone at a Time follows the progress of a group of people determined to avoid getting mined out or taken out. In addition to geoscientific, engineering and financial expertise, luck accompanies them (much of the time, anyway), as does acumen (again, much of the time anyway).

Teck gains its first foothold as a predecessor company headed by Keevil’s father, Norman Bell Keevil, drills Temagami, a project that came up barren for Anaconda. The new guys hit 28% copper over 17.7 metres. Further drilling leads to the three-sentence feasibility study:

Dr. Keevil: What shall we do about Temagami?

Joe Frantz: Let’s put it into production.

Bill Bergey: Sounds good to me.

They schedule production for two and a half months later.

A few other stories relate a crucial 10 seconds in the Teck-Hughes acquisition, the accidental foray into Saskatchewan oil, the Toronto establishment snubbing Afton because of its VSE listing, an underhanded ultimatum from the British Columbia government, getting out of the oyster business and winning an unheard-of 130% financing for Hemlo.

Readers learn how Murray Pezim out-hustled Robert Friedland. But when it came to Voisey’s, Friedland would play Inco and Falconbridge “as though he were using a Stradivarius.” Keevil describes one guy welching on a deal with the (apparently for him) unarguable excuse that it was only a “gentleman’s agreement.”

Norman B. Keevil’s memoir retraces Teck’s—and his own—rocky road to success

Through it all, Teck gets projects by discovery or acquisition and puts them into production. Crucial to this success was the Teck team, with several people getting honourable mention. The author’s closest accomplice was the late Robert Hallbauer, the former Craigmont pit supervisor whose team “would go on to build more new mines in a shorter time than anyone else had in Canadian history.” Deal-making virtuoso David Thompson also gets frequent mention, with one performance attributed to his “arsenal of patience, knowledge of the opponents, more knowledge of the business than some of them had, and a tad of divide and conquer…”

Partnerships span the spectrum between blessing and curse. International Telephone and Telegraph backs Teck’s first foray into Chile but frustrates its ability to do traditional mining deals. The Elk Valley Coal Partnership puts Teck, a company that reinvests revenue into growth, at odds with the dividend-hungry Ontario Teachers’ Pension Plan. Working with a Cominco subsidiary, Keevil finds the small-cap explorer compromised by the “ephemeral response of the junior stock market.” And smelters rip off miners. But that doesn’t mean a smelter can’t become a valued partner.

Keevil argues the case for an almost cartel-like level of co-operation among miners. Co-ordinated decisions could avoid surplus production, he maintains. Teck’s consolidation of Canada’s major coal mines helped the industry stand up to Japanese steelmakers, who had united to take advantage of disorganized Canadian suppliers. “Anti-trust laws may be antediluvian,” he states.

Keevil admits some regrets, like missing Golden Giant and a Kazakhstan gold project now valued at $2 billion. The 2008 crash forced Teck to give up Cobre Panama, now “expected to be a US$6 billion copper mine.” Teck settled a coal partnership impasse by buying out the Ontario Teachers’ share for $12 billion. Two months later the 2008 crisis struck. Over two years Teck plunged from $3.6 billion in net cash to $12 billion in net debt.

But he wonders if his own biggest mistake was paying far too much for the remaining 50% of Cominco when an outright purchase might not have been necessary. Keevil attributes the initial 50%, on the other hand, to a miracle of deal-making.

For the most part Keevil ends his account in 2005, when he relinquishes the top job to Don Lindsay. By that time the company had 11 operating mines and a smelting/refining facility at Trail. A short chapter on the following 10 years, among the most volatile since the early ’70s, credits Teck with “a classic recovery story which deserves a full chapter in the next edition of Never Rest on Your Ores.” Such a sequel might come in another 10 years, he suggests.

Let’s hope he writes it, although it’ll be a different kind of book. As chairperson he won’t be as closely involved in the person-to-person, deal-to-deal, mine-to-mine developments that comprise the greatest strength of this book—that and the fact that the author grew with the company as it became Canada’s largest diversified miner.

Meanwhile, maybe Lindsay’s been keeping a diary.

The author’s proceeds go to two organizations that promote mining awareness, MineralsEd and Mining Matters.

Emerita Resources JVs on Spanish zinc project next to high-grade former mine

October 26th, 2017

by Greg Klein | October 26, 2017

A successful public tender brings Emerita Resources TSXV:EMO an acquisition hosting extensions of an adjacent past-producer characterized as “among the richest zinc mines in the world.” Through a newly formed JV, the company gets a 50% stake in the Plaza Norte project in northern Spain’s Reocin Basin. The neighbouring Reocin mine produced about 62 million tonnes averaging 11% zinc and 1.4% lead up to 2003.

Emerita Resources JVs on Spanish zinc project next to high-grade former mine

The regional government of Cantabria tendered 13,800 hectares of claims that lapsed when Reocin shut down. “Based on a rigorous review of [historic] drilling data, we are confident that we have selected the claims with the highest potential,” said Emerita president/CEO Joaquin Merino. “We are also extremely pleased with the strong support received from the community and government to date.”

Emerita will act as project operator on behalf of JV partner the Aldesa Group, a specialized construction and infrastructure firm with international operations. The tender granted rights to Plaza Norte for three years with an option to renew.

Emerita has been studying historic data from the property since mid-2016, building a database of over 300 holes totalling approximately 73,000 metres. The Plaza Norte claims cover most of the drilling area, including those with high-grade intervals, the company stated. Some examples include 9.72% zinc over 18.96 metres and 7.05% over 8.2 metres. The core was placed under government storage.

The JV will submit exploration plans to the government within four months.

Cantabria infrastructure includes an industrial port and an excellent rail and road network, Emerita added. Glencore operates a zinc smelter about 180 kilometres by road from Plaza Norte.

Regarding its bid on another Spanish project, last month Emerita reported encouraging news about the Paymogo property in Andalusia. After a competing bid was selected, a court ruled the process invalid, ordering bids to be re-assessed. The company expressed confidence that its bid would prevail if the process “eliminates the illegal criteria and leaves the legal criteria as originally scored.”

Paymogo hosts an historic, non-43-101 estimate of 34 million tonnes averaging 0.42% copper, 1.1% lead, 2.3% zinc, 44 g/t silver and 0.8 g/t gold.

In March the company announced progress on another disputed Andalusian tender, this one for the Aznalcollar zinc project.

Earlier this month the company announced conditional TSXV approval for its acquisition of the Salobro zinc project in Brazil. Salobro comes with an historic, non-43-101 estimate of 8.3 million tonnes averaging 7.12% zinc.

In June Emerita announced an option to acquire the Falcon Litio MG project, adjacent to Brazil’s only lithium mine.

Emerita also holds the Sierra Alta gold property in northwestern Spain.

There’s skiing in them thar hills

October 23rd, 2017

by Greg Klein | October 23, 2017

Some appearances to the contrary, sliding downhill might not be the ambition of every mining company. But Barrick Gold TSX:ABX has a new ski resort under consideration around the site of a southern British Columbia past-producer. Although a local enthusiast says significant progress is imminent, PostMedia reports, a company spokesperson pegs the possible project “at a very, very early stage.”

There’s skiing in them thar hills

Recreational potential around a former underground
mine might offer Barrick an opportunity to diversify its assets.

That’s been the case since at least 2012. According to a Hope Standard account from that year, the miner had a feasibility study underway for an all-season resort around the former Giant Mascot underground mine about 10 kilometres from the town of Hope.

A 1974 B.C. Geological Survey report said Giant Mascot was mined briefly in the 1930s and 1958, then from 1959 to 1973. Production estimates vary, but a 1987 study commissioned for Mascot Gold Mines Ltd said Giant gave up 4.6 million tons containing 71 million pounds of nickel and 31.4 million pounds of copper, “with significant quantities of cobalt,” from 1959 to 1974.

“The mine closed in August of 1974 because of the loss of sales contracts for copper-nickel concentrate in Japan and because of the stringent policies towards the mining industry of the provincial NDP government,” the report stated. The study quoted a 1973 historic, non-43-101 estimate of 951,471 tons averaging 0.75% nickel and 0.3% copper. Operators had given only minimal attention to the mine’s gold, chrome, cobalt and PGM potential, the report added.

Barrick got the property through its 2001 merger with Homestake Mining, according to the Standard. By 2012 Barrick was considering a resort offering fishing, hiking and boating, along with possible ski facilities nearby, the paper noted. Consultations were underway with First Nations and other local communities.

Now PostMedia reports Dennis Adamson, an elected official of the Fraser Valley Regional District “and the project’s No. 1 booster,” says Barrick will soon file a notice of intent.

“I’ve been pushing this for years. It’s the No. 1 question I get,” he said of his 721 constituents. “Not a day goes by when I don’t get someone asking me when the ski hill will be open.”

But Andy Lloyd, spokesperson for the world’s top gold miner, cautioned that any such plan “is at a kind of conceptual stage … a very, very early stage … we wouldn’t want to create a false impression that Barrick is building a resort.”

Something of a higher priority might be Barrick’s relations with Tanzania, where the company holds a 63.9% stake in LSE-listed Acacia Mining, operator of three mines in the country. Barrick has proposed that the government get half the mines’ economic benefits, a 16% interest in the assets and US$300 million from Acacia towards unresolved tax claims.

Acacia says it doesn’t have the dough.

Meanwhile the Canada West Ski Areas Association, PostMedia reported, believes the province already has too many resorts chasing too few skiers.

Option reactivates Rockcliff Copper non-core zinc project

October 23rd, 2017

Update: As of November 2, 2017, the company’s name and stock symbol will change to Rockcliff Metals Corp TSXV:RCLF.

by Greg Klein | October 23, 2017

Less than three weeks after acquiring a new Manitoba property, Rockcliff Copper TSXV:RCU optioned another to Nevada Zinc TSXV:NZN. The 4,992-hectare MacBride zinc project comprises a non-core asset for Rockcliff, north of its core portfolio in the Flin Flon-Snow Lake camp. MacBride comes with a near-surface, historic and non-43-101 estimate of 1.82 million tonnes averaging 8.8% zinc, 0.3% copper, 0.1 g/t gold and 4.5 g/t silver that remains open in all directions.

Option reactivates Rockcliff Copper non-core zinc project

Under terms of the 80% option, Nevada may earn 70% by issuing 200,000 shares, paying $200,000 over three years and spending $2.5 million over five years. On achieving 70%, Nevada may form a joint venture with Rockcliff or earn an additional 10% by paying Rockcliff $2 million to form an 80%/20% JV. Should either interest fall below 10%, that stake will convert to a 1% NSR or a 0.5% NSR on claims subject to a pre-existing royalty. On part of the property, the original vendor holds a 2% NSR, half of which may be purchased for $1 million.

Rockcliff president/CEO Ken Lapierre welcomed Nevada’s “financial capabilities, expertise and knowledge in exploring this high-grade zinc-copper asset.” Nevada president/CEO Bruce Durham and CFO Don Christie serve on Rockcliff’s board. “The disinterested directors of Rockcliff approved the option,” the company stated.

Earlier this month Rockcliff announced a 100% option to add a fourth gold property to its Snow Lake portfolio.

This year’s exploration includes a summer airborne geophysical survey over the former Laguna gold mine, surface exploration on Laguna as well as two other gold projects, Dickstone and Snow Lake, and a planned fall drill program.

Along with gold, the company’s Snow Lake package includes VMS deposits. Among them, the Bur zinc-polymetallic project also has fall drilling scheduled. A spring drill program at Rockcliff’s 51%-optioned Talbot property found a new VMS zone.

The company closed an over-subscribed private placement of $1.35 million last August.

Read more about Rockcliff Copper here and here.

High-grade sampling adds interest to Golden Dawn Minerals’ Greenwood revival

October 19th, 2017

by Greg Klein | October 19, 2017

A company hoping to restart former mines in southern British Columbia’s historic Greenwood camp, Golden Dawn Minerals TSXV:GOM announced high-grade sample results from new acquisitions. The news comes as the company drills one of its properties and prepares for trial mining on another of the past-producers in a group of nearby assets that includes a 212-tpd mill.

High-grade sampling adds interest to Golden Dawn Minerals’ Greenwood revival

The Phoenix open pit lies among a group of
prospects that includes the sampling area.

Focusing on properties acquired late last year, some 86 samples were taken, most of them chip samples from outcrop. Among the highlights was a 0.4-metre interval showing 85.9 g/t gold, 29.8 g/t silver and 0.01% copper from the Summit area. The Minnie Moore area came through with 2.68 g/t gold, 1,700 g/t silver, 0.07% copper, 0.41% lead and 0.22% zinc over one metre.

Three one-metre widths from the Silvester K prospect showed:

  • 4.68 g/t gold, 3.1 g/t silver and 0.11% copper

  • 25.5 g/t gold, 7.5 g/t silver, 0.14% copper and 0.01% zinc

  • 10.9 g/t gold, 5.1 g/t silver and 0.02% copper

The most numerous high-grade gold results came from the JD area, where one-metre intervals graded as high as 15.8 g/t, 14.9 g/t, 14.3 g/t, 8.26 g/t, 5.59 g/t and 4.59 g/t gold, along with silver, copper and some lead-zinc.

A grab sample from the Bay area showed 45.1 g/t gold, 7.7 g/t silver and 0.16% copper. An interesting polymetallic chip sample from the Mavis prospect graded 3.79 g/t gold, 503 g/t silver, 0.01% copper, 17.5% lead and 0.18% zinc over one metre.

Overall, the results call for additional exploration and surface drilling on six areas covered by the program, Golden Dawn stated. Meanwhile the company has dewatering underway at Lexington, a nearby past-producer that’s slated for rehab and trial mining. Having given up 5,486 ounces of gold, 3,247 ounces of silver and 860,259 pounds of copper from April to December 2008, the mine shows potential for new production without de-risking at the feasibility stage, Golden Dawn believes. The company plans to start wet commissioning of the mill as trial mining begins.

A concurrent drill program on the Golden Crown property has sunk 19 holes totalling 1,358 metres so far, with results pending.

Last month the company closed the final tranche of a private placement totalling $2.3 million.

Read more about Golden Dawn Minerals.

Finance legend James Rickards to speak at San Francisco Silver and Gold Summit

October 19th, 2017

October 19, 2017

His book titles hardly suggest an optimistic outlook. But for James Rickards, pessimism has proved no impediment to profit. Others might benefit from his success when he appears as keynote speaker at the Silver and Gold Summit to be held in San Francisco on November 20 and 21.

Finance legend James Rickards to speak at San Francisco Silver and Gold Summit

Rickards’ books have been translated into 14 languages.

A New York Times bestselling author whose work has been translated into 14 languages, his books include Currency Wars, The Death of Money, The New Case for Gold and The Road to Ruin. Rickards serves as chief global strategist for Meraglim Inc, which provides a new technology for predictive analytics in capital markets. He also edits the newsletter Strategic Intelligence and sits on the advisory board of the Center for Financial Economics at Johns Hopkins. An adviser on international economics and financial threats to the U.S. Department of Defense and the American intelligence community, Rickards served as a facilitator of the Pentagon’s first-ever financial war games.

This year’s Silver and Gold Summit features over 30 speakers with some of the best-known names including Marin Katusa, Frank Holmes, Rick Rule and Doug Casey. Their insights will complement an event showcasing 70 exhibitors and offering pre-booked one-on-one meetings to connect investors with companies.

Watch this space for new additions to the speaker list.

To save 25% on admission click here and enter promo code RESOURCE25.

Read more about the San Francisco Silver and Gold Summit.

Canadians need to get past the Klondike to understand mining’s contributions: Stan Sudol

October 13th, 2017

by Greg Klein | October 13, 2017

Rights offerings to be streamlined, says CSA

Like the nugget in this prospector’s hand, the
Klondike’s place in history looms unrealistically large.

The Fraser, Cariboo and Klondike gold rushes undoubtedly played an important nation-building role, with the latter becoming especially famous “thanks to terrific public relations from writers like Jack London, Pierre Berton and Robert Service,” says Stan Sudol. But how important were those events when the Yukon coughed up about 12 million gold ounces, “small change compared to the Timmins camp which is currently at 73 million ounces and counting!”

In a speech to the Canadian Business History Association Conference the Sudbury native and communications consultant/mining strategist/speech writer/mining blogger related how Ontario’s gold and base metals discoveries far surpassed the western gold rushes for their importance to the Canadian economy. “Notwithstanding the historical hype of the Klondike the two most important mining events in our history are the discoveries of the Sudbury nickel mines in 1883 and the Cobalt silver boom of 1903.”

And, he notes, while London, Berton and Service missed out on these developments, Sudbury did attract the attention of Stompin’ Tom Connors.

Sudol outlines the history of the Ontario and Quebec camps, looking at their social and environmental impacts as well as economic contributions. His compelling account takes readers up to the present, as mining in the Northwest Territories and Nunavut helps create an indigenous middle class.

Read it here on the Republic of Mining.

Golden gateway

October 13th, 2017

San Francisco’s Silver and Gold Summit 2017 bridges investors and opportunities

 

What a year it’s been for some of the rare metals, energy metals and base metals that have shaken the markets. Still, precious metals have a way of retaining their distinctive allure. That helps explain why they get top billing as the Silver and Gold Summit returns to San Francisco on November 20 and 21, in an event that promises to be bigger than ever.

“Precious metals are a lot of what you’ll see at this show and the roots of this conference are based in the silver and gold market,” explains Cambridge House International president Jay Martin. But he emphasizes that they won’t monopolize the agenda, as some exhibitors and speakers have other commodities and strategies in mind.

San Francisco’s Silver and Gold Summit 2017 bridges investors and opportunities

Exhibitor space sold out early with 70 companies, Martin says. “We’re going to cap it at that. When you cap it like that you can maintain the quality.”

The speaker list, on the other hand, has many more presenters to come. Apart from big names like Katusa, Holmes, Rule and Casey, “we’ll be adding probably about 50 speakers to the agenda,” Martin says. “When we build this program we look at about two dozen topics in the mineral sector, then we drill down to what we see as demand, what investors are asking for. Then we assemble the topics and fill the speaker list from there.”

Through surveys, outreach programs, focus groups and social media, Cambridge House and co-producer Katusa Research determine “what attendees want to learn about, what’s getting traction, what’s controversial or exciting.”

Playing to what he calls “a healthy retail market,” the event shares similarities with the Vancouver Resource Investment Conference, returning next year on January 21 and 22. “It’s easy to get to San Francisco from anywhere, so we see a lot of traffic coming in from all over the U.S. and Canada. But I’d say the number #1 difference with the San Francisco/Oakland area is there’s a larger appetite for wealth preservation. You’ll also see some content about new asset classes that are competing with gold, like cryptocurrencies.

“You’ll definitely hear speakers address questions about cryptocurrencies’ validity as an asset class for wealth preservation. That’s a big debate right now. People are asking if bitcoin is the new gold, and people will want to hear what our experts have to say about that. I anticipate that being a very large feature.”

With every single show we’re getting better at connecting investors with the opportunities they’re specifically looking for.—Jay Martin, president of
Cambridge House International

Other goals include “educating people on the opportunities in small cap mineral exploration. And with every single show we’re getting better at connecting investors with the opportunities they’re specifically looking for. We offer matchmaking services to help companies and attendees meet and discover opportunities.”

The summit’s online concierge service lets attendees schedule one-on-one appointments with exhibitors, and also lets exhibitors schedule appointments with speakers and qualified buyers. “That makes everyone’s time more productive,” Martin points out. “On top of that, we’re always reaching out to funds we know and investors we know to make sure they’re meeting the people they should be meeting.”

That promises to make a busy two days, especially since Martin expects about 1,500 attendees, up considerably from last year’s 800. The turnout follows a “phenomenal response” to the International Metal Writers Conference held in Vancouver last May.

“There’s a lot of demand now for high-quality junior mining deals on a global scale,” he adds. “We’re seeing more international traffic coming to the shows. We’re seeing more companies getting pre-booked prior to the event for one-on-one meetings.”

The heightened quest for investor intel comes amid unsettling geopolitical and domestic circumstances. “It’s such a volatile time in the States right now, unlike any year I’ve ever seen,” Martin notes. “I think investors are more aware that it’s up to them to take care of themselves and make smart investment decisions. I think investors are getting more intelligent and more productive with their time at our conferences. That’s great to see.”

The Silver and Gold Summit takes place at San Francisco’s Hilton Union Square from November 20 to 21. To save 25% on admission click here and enter promo code RESOURCE25.

New to mining? Or want a refresher course? Consider the Mining Insight Seminar, a two-hour separate ticketed event offering an overview of the industry, its economics and stakeholder considerations.