[Leadership] Some parents of the August 1st protesters released to the Kano State government have expressed happiness over their children's return.

[Independent (Kampala)] Jinja -- Hotel bookings are on the rise with many of Jinja's accommodation hotspots declaring they are fully booked between November 14 to 17, the dates set for the annual Nyege Nyege festival.

Source: Streetwise Reports 11/07/2024

Drilling and field operations at Golden Cariboo Resources Ltd.'s (GCC:CSE; GCCFF:OTC; A0RLEP:WKN; 3TZ:FSE) past-producing Quesnelle project in British Columbia's Cariboo Gold District continue to find the yellow metal throughout the project, from visible gold in drill cores to mineralization in outcrop samples. One mining analyst says it's a good indication of the mine's potential.

Drilling and field operations at Golden Cariboo Resources Ltd.'s (GCC:CSE; GCCFF:OTC; A0RLEP:WKN; 3TZ:FSE) past-producing Quesnelle project in British Columbia's Cariboo Gold District continue to find the yellow metal throughout the project, from visible gold in drill cores to mineralization in outcrop samples.

President and Chief Executive Officer Frank Callaghan told Streetwise Reports that despite the high level of experience on his team, several geologists had never seen visible gold before, and their first views of it were "priceless."

"It was on the outside of this piece of core," Callaghan said. "And then the core had split … and there was more gold on the inside of it, as well."

Callaghan said he's drilled "hundreds and hundreds" of holes, but he "can count on my hands how many times I've seen it (visible gold)."

He said the company is seeing the gold in "every drill hole," so they keep moving forward chasing the deposit and working at the site 24 hours a day.

And according to Callaghan, the structure of the mineralization is "thickening up" as they drill. The technical team has also recognized multiple types of quartz veins that can contain gold, a common feature in large gold deposits of similar nature.

Last month, the company announced it was even forced to stop drilling in a vein zone at the property due to proximity to Osisko Development Corp.'s nearby mineral claims. Drill hole QGQ24-17 was terminated at a depth of 477.32 meters, and the "only thing that stopped us from drilling further was the claim boundary with Osisko," Callaghan said at the time.

On Tuesday, the company announced rock sample results from its 2024 field campaign, which found up to 8.47 grams per tonne gold (g/t Au) in one outcrop in the Halo zone and 1.13 g/t Au in another outcrop near the Pioneer showing.

"Although there is a lot of glacial cover on this project, our geologists still managed to find new gold-bearing outcrops in areas of great significance," Callaghan said in a release announcing the results. "We have now expanded the surface footprint of gold mineralization at the Halo zone to the northeast and increased the strike length of our gold trend. We're in a very large gold system that is being demonstrated by multiple, varied work programs."

Drilling 'Nonstop' and 'Underbudget'

Golden Cariboo, a Canadian explorer-developer, is targeting a potential multimillion-ounce gold resource at the 3,814-hectare Quesnelle project, where gold, silver, lead and zinc were produced historically, according to its Investor Presentation.

The company's neighbors in the mining district include Osisko's Cariboo Gold Project, Spanish Mountain Gold Ltd. (SPA:TSX.V) (Spanish Mountain deposit), Omineca Mining and Metals Ltd. (OMM:TSX.V; OMMSF:OTCMKTS) (Wingdam mine) and Taseko Mines Ltd. (TKO:TSX; TGB:NYSE.MKT) (Gibraltar mine).

Callaghan began rediscovering the Cariboo Camp in the mid-1990s as Barkerville Gold Mines Ltd. He and his then team discovered a gold deposit at Bonanza Ledge and advanced the project to production. He also assembled and developed the Cariboo Gold Project. Ultimately, Osisko Royalties acquired Barkerville and the assets in 2015 for US$338M. Osisko is about to restart mining operations in the camp.

Subsequently, in 2019, Callaghan acquired the Quesnelle Gold Quartz project, where he aims to repeat his previous successes, given the property's geology is similar to that of the other two projects.

Previously, the company reported observing multiple instances of visible gold in several holes earlier this fall and summer.

"Visible gold in current drilling indicates potential for high-grade assays from mineralized targets," Couloir Capital Senior Mining Analyst Ron Wortel wrote in a recent research report.

Given that Golden Cariboo is continuing its exploration program at Quesnelle throughout 2024, near-term catalysts include drill and assay results demonstrating significant grades or widths and better-defined mineralization controls and trends, according to Wortel.

Callaghan told Streetwise Reports that drilling continues to be "nonstop" and underbudget."

External catalysts include market transactions in the junior mining space involving projects or companies in the Cariboo region. Reports by Osisko Development of project advancements or production results relative to adjacent land also could boost Golden Cariboo's stock price.

The Catalyst: Index Also Confirms Bull Run for Junior Stocks

Experts agreed gold is in a bull market and expect it to go higher. However, after hitting a record high of US$2,790.15 per ounce last week, spot gold was down more than 3% to a three-week low on Wednesday morning as investors moved to the U.S. dollar after Donald Trump's election as U.S. president on Tuesday, Reuters reported.

Market participants are also looking ahead to the Federal Reserve's interest rate decision on Thursday for further clues on the bank's easing cycle, Reuters said.

"A clear presidential victory when the market has been pricing in a contested result, removal of an element of risk, Trump-trades include the dollar's strengthening this morning and the combination of the two has brought gold lower," StoneX analyst Rhona O'Connell said, according to Reuters.

Gold's rise has "resulted in big returns for the investors who bought in earlier this year," Angelica Leicht reported for CBS News last month. "For example, the investors who purchased gold in March when it hit US$2,160 per ounce have seen their gold values increase by nearly 27% in the time since. That's a huge uptick in value in a matter of months, especially on an asset that's known more for long-term growth."

Recently polled London Bullion Market Association members indicated they believe the gold price could reach US$2,940/oz during 2025, reported Stockhead on Oct. 28.[OWNERSHIP_CHART-11131]

"Combined with expectations of lower global interest rates, this further enhances gold's attractiveness as an investment," the article noted.

As for gold equities, the S&P/TSX Venture Composite Index (SPCDNX) confirmed a bull run for junior, intermediate, and senior mining stocks when it closed above 1,000 recently, Stewart Thomson with 321Gold wrote. The index is a key indicator of the health of the general gold, silver, and mining stocks market.

Ownership and Share Structure

According to Golden Cariboo, management and insiders own 30% of Golden Cariboo Resources. President and CEO Frank Callaghan owns 16.45% or 6.93 million shares; Elaine Callaghan has 0.97% or 0.41 million shares; Director Andrew Rees has 0.79% or 0.33 million shares; and Director Laurence Smoliak has 0.3% or 0.13 million shares.

Retail investors hold the remaining. There are no institutional investors.

The company said it has 50.3 million shares outstanding, 24.83 million warrants, and 3.8 million options.

Its market cap is CA$9.63 million. Over the past 52 weeks, Golden Cariboo has traded between CA$0.08 and CA$0.36 per share.

Sign up for our FREE newsletter at: www.streetwisereports.com/get-news

Important Disclosures:

1. Omineca Mining and Metals Ltd. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$4,000 and US$5,000.
2. Golden Cariboo Resources Ltd. has a consulting relationship with Street Smart an affiliate of Streetwise Reports. Street Smart Clients pay a monthly consulting fee between US$8,000 and US$20,000.
3. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Golden Cariboo Resources Ltd. and Omineca Mining and Metals Ltd.
4. Steve Sobek wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.
5. This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company.

For additional disclosures, please click here.

( Companies Mentioned: GCC:CSE; GCCFF:OTC; A0RLEP:WKN;3TZ:FSE, )

A compact camping stove made with stainless steel launches on Kickstarter

Three-day weekend-long event planned November 11-13 featuring giveaways, prizes, discounts and more! The store is giving away unopened boxes of sports cards, branded merchandise including shirts and hats & more!

Step Into the World of "KAWAI": Experience Japanese Claw Machines at Anime Expo LA!

Just like bees return to the hive every day for sunset, Yellow Jacket has habitually returned to the AHR Expo every January for the past 45 years.

Entering its 16th year, Converters Expo is once again bringing converters of paper, film, plastics, and nonwovens together with industry buyers, specialists and suppliers in what is sure to be one of the biggest industry events of the year. 

Redskins defensive coordinator Jim Haslett spoke to the media Wednesday for the first time this offseason. The main topic: the three rookie defensive backs and what to expect at safety. Here are some highlights:

Participants in OM Panama’s after-school ministry for children from underprivileged neighbourhoods get excited about small things – even ice cubes.

Tovino catches up with Suriya and Karthi... Malavika misses the wilderness...Shamita discovers a new passion...

Air travel in Tamil Nadu could see a boom over the next few years as significant infrastructure development is in the offing at airports in tier 2 cities across the State. With the State government keen on ensuring distributed growth, strengthening the aviation infrastructure could be a stimulus to the regional economic development as enhanced air connectivity is expected to help attract investment, trade, and tourism

Shahid Kapoor and Mira Rajput tied the knot on July 7, 2015, in a private ceremony and since then their love has grown stronger. Mira is the daughter of Delhi-based businessman Vikramaditya Rajput and Bela Rajput. Shahid Kapoor and Mira Rajput became proud parents to baby girl Misha on August 26, 2016. Shahid Kapoor and Mira Rajput welcomed their second child, a baby boy on September 5, 2018, and the duo named their new-born Zain Kapoor.

Misha and Zain are one of the most adorable star kids of B-town. The cute little kiddos are the apple of everyone's eye. Just like other star babies, both the kids, particularly Misha has several fan clubs dedicated to her. Shahid and Mira often treat their fans with lovey-dovey pictures of their kids on Instagram.

During the coronavirus lockdown, Mira tried her hands at embroidery and even took some help from daughter Misha. Mira shared a picture of an embroidered heart and wrote, "Big love with my little love. With a hand drawn pattern and help on the turns, little hands made the heart with a lot of excitement and filled with a whole lot of love!" Take a look at the picture here:

The star wife keeps sharing snippets of her family quarantine time on her Instagram profile. She recently gave a shoutout to everyone for staying indoors. She wrote an elaborate open letter which read, "Love them. Hug them. Ask them how they feel and let them cry if they're not okay. Kiss them. Paint with them and let their clothes and the walls get dirty. Watch their favourite cartoon with them. Snuggle up with them. Give them extra ketchup if they ask for it that day. And when you’re tired after doing the dishes and cooking dinner and they say “Mumma can you play with me” remember this time isn’t forever. Little hands. Big hearts Love them."

 

 

 

View this post on Instagram

A post shared by Mira Rajput Kapoor (@mira.kapoor) onApr 29, 2020 at 9:52am PDT

On the work front, Shahid Kapoor's last film, Kabir Singh, did excellently at the box office. The Sandeep Reddy Vanga directorial was the story of a brilliant doctor who takes the self-destructive path when the love of his life is forced to marry another man. It earned over Rs 250 crore and became one of the highest grosser of 2019.

As of now, Shahid has signed the Hindi remake of the Telugu film Jersey, which is the story of a cricketer and how he battles the politics within the game and his inner demons. The film is all set to release on August 28, 2020.

Catch up on all the latest entertainment news and gossip here. Also, download the new mid-day Android and iOS apps.

Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news

Ashley Graham welcomed her first child, son Isaac, with husband Justin Ervin in January of this year.

Launching of the Dragon capsule will mark a significant step forward in the partnership between NASA and the private sector.

The North American International Auto Show is re-energized, and here are some of the high-voltage highlights.

Electric RC cars and trucks are generally considered best for beginners. Although easier to get started and maintain, they hold just as much fun and excitement as their gas powered counterparts.

8th Annual Tech Sassy Girlz Day Conference Ignites Middle and High School Girls to Empower the World by Ending Tech Gender Gap

Town's First-Ever Krystal Debuts All-New Restaurant Design Alongside Fan-Favorite Foods

Participants in OM Panama’s after-school ministry for children from underprivileged neighbourhoods get excited about small things – even ice cubes.

HydroVision International is the world’s largest hydropower industry event. 2015 attendance shattered all the conference’s records with nearly 3,800 registered attendees from 60 countries.

Gigi Hadid got giddy with excitement a number of times as she cheered on gal pal Serena Williams at the US Open Finals match in New York on Saturday.

Katarina Johnson-Thompson’s rivalry with fellow British poster girl Jessica Ennis-Hill has been one of the big stories of the Games so far, but little has been heard about her father.

ROB ROBERTSON IN KOBE: Graham has been brought in to inject some pace out wide as Gregor Townsend's side chase a bonus-point victory to keep alive their chances of qualifying for the knockout stages of the tournament.

Projex Santana, a singer from Maryland, shared the video, which shows his adorable son greeting him each time he collects the tot from preschool, to Twitter on Sunday.

Patty Jenkins is 'excited' over news that Joss Whedon may produce a Batgirl film. The 45-year-old Wonder Woman director said that she is over the moon about the March 30 news.

Savage Garden are known hits including Truly Madly Deeply and I Knew I Loved You.

The Once Upon a Time in Hollywood actor, 56, and his ex-wife, 50, caused a stir when they were pictured holding hands and embracing at the Screen Actors Guild Awards on Sunday.

The Bey-hive were certain Beyoncé is at it again, after the 38-year-old singer posted a picture of herself sipping a martini on Wednesday.

Grant Denyer, 42, has kicked off 2020 with a new set of wheels, after receiving a free BMW sedan. 

EDDIE HEARN: I can't remember a fight that had as much anticipation as David Haye vs Tony Bellew this Saturday night. The pre-fight build up has been huge and although distasteful at times.

The-50-year-old could hardly contain her laughter when she left the Royal Albert Hall on Sunday night, ready to celebrate her win at an after party

Gigi Hadid got giddy with excitement a number of times as she cheered on gal pal Serena Williams at the US Open Finals match in New York on Saturday.

Excitement has surrounded the launch of J.W.Rinzler’s new book, The Making Of: The Empire Strikes Back. For months, fan websites and blogs have been ablaze with activity as Star Wars fans and cinephiles across the world eagerly anticipated the sequel to Rinzler’s critically acclaimed The Making Of: Star Wars. Fortunately, they have not been disappointed. With its exclusive access to the Lucasfilm archives, The Making Of: The Empire Strikes Back offers a treasure trove of never-before published photos, design sketches, paintings, production notes, interviews, anecdotes, and scripts, to offer a complete behind-the-scenes look at the production of an iconic film.

On Saturday fans celebrated the launch of The Making Of: The Empire Strikes Back at Bristol’s Forbidden Planet with an Empire Strikes Back themed extravaganza. Complete with costumes and lightsabers, fans from all generations enjoyed celebrating both the movie and the launch of this highly anticipated book. Similar celebrations have been planned at Southampton’s Forbidden Planet for this Saturday (23/10/10).




The Making of The Empire Strikes Back is available to buy online here.