exploration

Lithium Exploration Initiative Expands Across Western Greenland

Brunswick Exploration Inc. (BRW:TSX.V) announced an extensive expansion of its lithium exploration holdings in Greenland. Read more about the strategic land acquisitions set to drive future lithium exploration and development across the region.




exploration

Lithium Exploration Initiative Expands Across Western Greenland

Brunswick Exploration Inc. (BRW:TSX.V) announced an extensive expansion of its lithium exploration holdings in Greenland. Read more about the strategic land acquisitions set to drive future lithium exploration and development across the region.




exploration

New Victorian mining and exploration online map

The Victorian Government has launched Australia's first web tool specifically designed to help Victorian communities locate mining and exploration activities in their regions quickly and easily. The Mining Licences Near Me web tool ensures greater transparency for communities regarding industry activity in their region, both onshore and offshore, including minerals, gas and quarries.




exploration

Denmark becomes 48th nation to sign Artemis Accords for space exploration

Denmark is a founding member of the European Space Agency and on Wednesday formally committed to safe and responsible space exploration that benefits humanity by signing the Artemis Accords.




exploration

Suparco joins China’s mission for lunar exploration

ISLAMABAD: The Space and Upper Atmo­sphere Research Comm­ission (Suparco) annou­nced on Wednesday its collaboration on a groundbreaking lunar exploration mission in partnership with China’s Chang’e 8 mission, set to launch in 2028.

“This collaboration marks a significant milestone for Pakistan’s space programme, as Suparco’s indigenous rover will be part of the mission to explore the lunar surface,” said a press release issued the commission.

The collaboration underscores the strong bilateral relations between Pakistan and China and their shared vision for advancing space exploration. Suparco’s rover, weighing approximately 35 kilogrammes, will join the Chang’e 8 mission, which is part of the larger International Lunar Research Station (ILRS) initiative.

The rover will land on the Moon’s south pole, an area renowned for its challenging terrain and potential for groundbreaking scientific discoveries. The mission’s objectives include exploring the lunar surface, conducting scientific experiments, and testing new technologies for future lunar and planetary exploration.

Key experiments will include the study of lunar soil, the mapping of the lunar surface, and the testing of sustainable technologies for human presence on the Moon.

Suparco’s rover, equipped with state-of-the-art scientific instruments, will play a crucial role in collecting data that could pave the way for future lunar missions.

Published in Dawn, November 14th, 2024




exploration

Andhra CM puts brakes on proposal for uranium exploration

Andhra Pradesh Chief Minister N. Chandrababu Naidu has put brakes on a proposal to undertake uranium exploration in the Kappatralla reserve forest area in Kurnool district, offering relief to agitating villagers.




exploration

Andhra CM puts brakes on proposal for uranium exploration




exploration

Machine Learning Enabled Exploration of Multicomponent Metal Oxides for Catalyzing Oxygen Reduction in Alkaline Media

J. Mater. Chem. A, 2024, Accepted Manuscript
DOI: 10.1039/D4TA01884B, Paper
Open Access
  This article is licensed under a Creative Commons Attribution 3.0 Unported Licence.
Xue Jia, Hao Li
Low-cost metal oxides have emerged as promising candidates used as electrocatalysts for oxygen reduction reaction (ORR) due to their remarkable stability under oxidizing conditions, particularly in alkaline media. Recent studies...
The content of this RSS Feed (c) The Royal Society of Chemistry




exploration

AP CM Naidu halts uranium exploration in Kappatralla forest as locals protest

The YSR Congress Party Government led by Y S Jagan Mohan Reddy has given stage - I approvals for conducting explorations in the region to assess the availability of uranium




exploration

A GIS dataset of geological features from mineral exploration of the Gayna River Property by Rio Tinto Canadian Exploration Ltd., 1975-1976, northern Mackenzie Mountains, Northwest Territories

Fallas, K M; Finley, T D. Geological Survey of Canada, Open File 8791, 2021, 10 pages, https://doi.org/10.4095/328243
<a href="https://geoscan.nrcan.gc.ca/images/geoscan/gid_328243.jpg"><img src="https://geoscan.nrcan.gc.ca/images/geoscan/gid_328243.jpg" title="Geological Survey of Canada, Open File 8791, 2021, 10 pages, https://doi.org/10.4095/328243" height="150" border="1" /></a>




exploration

Overpressure detection from geophysical, drilling and well testing data for petroleum exploration wells in the Beaufort-Mackenzie Basin, Yukon and Northwest Territories

Hu, K; Issler, D R; Chen, Z. Geological Survey of Canada, Open File 6692, 2021, 37 pages, https://doi.org/10.4095/327948
<a href="https://geoscan.nrcan.gc.ca/images/geoscan/gid_327948.jpg"><img src="https://geoscan.nrcan.gc.ca/images/geoscan/gid_327948.jpg" title="Geological Survey of Canada, Open File 6692, 2021, 37 pages, https://doi.org/10.4095/327948" height="150" border="1" /></a>




exploration

Sulfur- and iron-rich mineralogical features preserved in permafrost in the Canadian High Arctic: analogs for the astrobiological exploration of Mars

Lau, G E; Trivedi, C B; Grasby, S E; Spear, J R; Cosmidis, J; Templeton, A S. Frontiers in Astronomy and Space Sciences 2022 p. 1-21, https://doi.org/10.3389/fspas.2022.825019
<a href="https://geoscan.nrcan.gc.ca/images/geoscan/20220029.jpg"><img src="https://geoscan.nrcan.gc.ca/images/geoscan/20220029.jpg" title="Frontiers in Astronomy and Space Sciences 2022 p. 1-21, https://doi.org/10.3389/fspas.2022.825019" height="150" border="1" /></a>




exploration

Polyphase glacial dynamics and clast dispersal patterns in glaciofluvial and glacial sediments in north-central Quebec, with application to diamond exploration

Parent, M. Surficial geology of northern Canada: a summary of Geo-mapping for Energy and Minerals program contributions; by McMartin, I (ed.); Geological Survey of Canada, Bulletin 611, 2023 p. 201-219, https://doi.org/10.4095/331425
<a href="https://geoscan.nrcan.gc.ca/images/geoscan/gid_331425.jpg"><img src="https://geoscan.nrcan.gc.ca/images/geoscan/gid_331425.jpg" title="Surficial geology of northern Canada: a summary of Geo-mapping for Energy and Minerals program contributions; by McMartin, I (ed.); Geological Survey of Canada, Bulletin 611, 2023 p. 201-219, https://doi.org/10.4095/331425" height="150" border="1" /></a>




exploration

Advancing exploration for iron oxide-copper-gold and affiliated deposits in Canada: context, scientific overview, outcomes, and impacts

Corriveau, L; Potter, E G. Canada's northern Shield: new perspectives from the Geoscience for Energy and Minerals Program; Geological Survey of Canada, Bulletin 612, 2024 p. 55-98, https://doi.org/10.4095/332495
<a href="https://geoscan.nrcan.gc.ca/images/geoscan/gid_332495.jpg"><img src="https://geoscan.nrcan.gc.ca/images/geoscan/gid_332495.jpg" title="Canada's northern Shield: new perspectives from the Geoscience for Energy and Minerals Program; Geological Survey of Canada, Bulletin 612, 2024 p. 55-98, https://doi.org/10.4095/332495" height="150" border="1" /></a>




exploration

A Comprehensive Exploration of Organic Supplements and Their Advantages

In our rapidly changing world, prioritising our health has never been more crucial. Many individuals are turning to organic supplements as a means of nurturing their well-being. In this in-depth assessment, we will go through the organic supplements, examining their nature and their diverse advantages. Understanding Organic Supplements Organic supplements are derived from natural sources […]

The post A Comprehensive Exploration of Organic Supplements and Their Advantages appeared first on Lifestyle Web Log.




exploration

Podcasting outside the U.S.: An Exploration

Clearly, no single test can determine where podcasting is most developed. But several key variables can be examined. Indeed, this post explores the following factors: the number of podcasts created per country, the involvement of big-media, podcast commercialization (i.e. podcasts for charge & advertising), venture capital involvement, corporate podcasting, and the existence of podcast-only




exploration

The Three Degrees of Knowledge: An Exploration of Theosis in the Homilies of St. Isaac the Syrian

Fr. Michael shares reflections from his presentation on Theosis at the Orthodox Institute, held this past weekend at Antiochian Village. This is Part 1.




exploration

The Three Degrees of Knowledge: An Exploration of Theosis in the Homilies of St. Isaac the Syrian

Fr. Michael shares reflections from his presentation on Theosis at the Orthodox Institute, held earlier this month at Antiochian Village. This is Part 2.




exploration

The Three Degrees of Knowledge: An Exploration of Theosis in the Homilies of St. Isaac the Syrian

Fr. Michael shares reflections from his presentation on Theosis at the Orthodox Institute, held earlier this month at Antiochian Village. This is Part 3.




exploration

The Three Degrees of Knowledge: An Exploration of Theosis in the Homilies of St. Isaac the Syrian

Fr. Michael shares reflections from his presentation on Theosis at the Orthodox Institute, held earlier this month at Antiochian Village. This is Part 4.




exploration

The Three Degrees of Knowledge: An Exploration of Theosis in the Homilies of St. Isaac the Syrian

Fr. Michael shares reflections from his presentation on Theosis at the Orthodox Institute, held last month at Antiochian Village. This is Part 5.




exploration

The Three Degrees of Knowledge: An Exploration of Theosis in the Homilies of St. Isaac the Syrian

Fr. Michael concludes his reflections from his presentation on Theosis at the Orthodox Institute, held last month at Antiochian Village. This is Part 6. Here is a link to the written text of his presentation: holynativity.blogspot.com/2014/11/st-isaacs-three-degrees-of-knowledge.html.




exploration

An Exploration of How a Technology-Facilitated Part-Complete Solution Method Supports the Learning of Computer Programming




exploration

So Different Though So Similar? – Or Vice Versa? Exploration of the Logic Programming and the Object-Oriented Programming Paradigms




exploration

Planning an Iron Ore Mine: From Exploration Data to Informed Mining Decisions




exploration

Campus Event App - New Exploration for Mobile Augmented Reality




exploration

It's Personal: An Exploration of Students' (Non)Acceptance of Management Research

Management educators often assume that research-based arguments ought to be convincing to students. However, college students do not always accept even well-documented research findings. Among the reasons this might happen, we focus on the potential role of psychological mechanisms triggered by scholarly arguments that affect students' self-concepts, leading them to engage in self-enhancing or self-protective responses. We investigated such processes by examining students' reactions to a research argument emphasizing the importance of intelligence to job performance, in comparison to their reactions to research arguments emphasizing the importance of emotional intelligence and/or fit. Consistent with our predictions, students were less likely to accept the argument for the importance of intelligence compared to the alternative, less threatening, arguments (i.e., the importance of emotional intelligence or fit). Further, acceptance of the argument about the importance of intelligence was affected by students' grade point average (GPA) and moderated by their emotional stability. Specifically, consistent with self-enhancement theory, students with lower GPAs were more likely to reject the argument for intelligence and give self-protective reasons for their responses, whereas students with higher GPAs were more likely to accept the argument and give self-enhancing reasons. Implications for future research and for management teaching are discussed.




exploration

Pakistan joins hands with China for lunar exploration mission

This undated photo shows the Space and Upper Atmosphere Research Commission's rover during a test. — APP/File

In a major development, the Space and Upper Atmosphere Research Commission has announced its collaboration on a groundbreaking lunar...




exploration

Oil and gas exploration safety: OSHA training institute publishes free video

Baton Rouge, LA — The OSHA Region 6 Training Institute Education Centers recently released a video on recognizing and controlling common hazards in oil and gas exploration.




exploration

Making women's shelters more conducive to family life: professionals' exploration of the benefits of nature.

Children's Geographies; 08/01/2021
(AN 152310093); ISSN: 14733285
Academic Search Premier





exploration

S. Korea, US to Conduct Joint Studies for Artemis Moon Exploration Program

[Science] :
South Korea and the United States will conduct joint studies related to the Artemis moon exploration program. According to the Korea AeroSpace Administration on Wednesday, it has signed a study agreement on the Artemis program with U.S. National Aeronautics and Space Administration(NASA). The agreement ...

[more...]




exploration

RCSB Protein Data Bank: supporting research and education worldwide through explorations of experimentally determined and computationally predicted atomic level 3D biostructures

The Protein Data Bank (PDB) was established as the first open-access digital data resource in biology and medicine in 1971 with seven X-ray crystal structures of proteins. Today, the PDB houses >210 000 experimentally determined, atomic level, 3D structures of proteins and nucleic acids as well as their complexes with one another and small molecules (e.g. approved drugs, enzyme cofactors). These data provide insights into fundamental biology, biomedicine, bioenergy and biotechnology. They proved particularly important for understanding the SARS-CoV-2 global pandemic. The US-funded Research Collaboratory for Structural Bioinformatics Protein Data Bank (RCSB PDB) and other members of the Worldwide Protein Data Bank (wwPDB) partnership jointly manage the PDB archive and support >60 000 `data depositors' (structural biologists) around the world. wwPDB ensures the quality and integrity of the data in the ever-expanding PDB archive and supports global open access without limitations on data usage. The RCSB PDB research-focused web portal at https://www.rcsb.org/ (RCSB.org) supports millions of users worldwide, representing a broad range of expertise and interests. In addition to retrieving 3D structure data, PDB `data consumers' access comparative data and external annotations, such as information about disease-causing point mutations and genetic variations. RCSB.org also provides access to >1 000 000 computed structure models (CSMs) generated using artificial intelligence/machine-learning methods. To avoid doubt, the provenance and reliability of experimentally determined PDB structures and CSMs are identified. Related training materials are available to support users in their RCSB.org explorations.




exploration

Strategic Lithium-Boron Acquisition Expands Exploration Footprint in Nevada

Source: Streetwise Reports 10/22/2024

Canter Resources Corp. (CRC:CSE; CNRCF:OTC; 601:FRA) has completed its acquisition of the Railroad Valley lithium-boron claims (RV project). Read why the company CEO says this aligns with Canter's long-term growth strategy.

Canter Resources Corp. (CRC:CSE; CNRCF:OTC; 601:FRA) has completed its acquisition of the Railroad Valley lithium-boron claims (RV project). The RV project claim block shares a common border with land controlled by 3 Proton Lithium (3PL), a private critical mineral explorer in Railroad Valley. Canter intends to complete follow-up sampling at the project in the fourth quarter of 2024, 164 kilometers from their exploration base in Tonopah, Nevada.

In the company news release, Joness Lang, CEO of Canter Resources, commented on the acquisition, stating, "We are excited to have expanded our lithium-boron exploration footprint in Nevada with this strategic acquisition in a highly prospective, yet underexplored area. While our primary focus remains on advancing our flagship Columbus project, we see value in adding low-cost, high-potential projects that strengthen our portfolio and align with our long-term growth strategy."

Lithium-Boron Market Trends and Opportunities

Visual Capitalist reported on September 29 that cobalt, a critical mineral used in battery production, had "gained significant attention in recent years due to its wide range of commercial, industrial, and military applications." The growing demand for cobalt in the electric vehicle (EV) sector was highlighted, with "the EV sector accounting for 40% of the global cobalt market," reinforcing its importance in the global transition to electrification. Additionally, 87% of China's cobalt consumption was "dedicated to the lithium-ion battery industry."

On October 1, Ahead of the Herd emphasized a favorable environment for risk assets, noting, "The combination of interest-rate cuts from the Federal Reserve, resilient economic growth, and the un-inversion of the yield curve" as contributing factors. The S&P/TSX Global Mining Index gained 14% since September 6, marking its biggest jump of the year, with central banks cutting interest rates and the U.S. signaling more battery metal funding. Ahead of the Herd also stated that "majors, mid-tiers, and juniors all looked ripe for a rebound" in this risk-tolerant environment.

On October 8, Forbes reported that "a 50% rise in the price of a downtrodden lithium producer has boosted investor hopes that a revival in the battery metal is possible" after two difficult years of oversupply and low prices. Lithium was "once the hottest metal in the commodity sector" and had begun showing "signs of recovery as investor interest picks up again." Despite the downturn, the long-term outlook for lithium remained strong, with Forbes emphasizing its essential role "for the future of electric vehicles and battery technology."

According to Barry Dawes of Martin Place Securities that same day, "the lithium market is showing strong signs of upturn," with the possibility of "lithium shortages post-2027," highlighting the sector's future growth potential.

Canter's Catalysts Driving Growth

As outlined in their investor presentation, Canter Resources' Railroad Valley acquisition aligns with the company's strategy of expanding its critical minerals portfolio at a low cost while leveraging geological similarities to proven lithium-producing regions. The Railroad Valley project holds promise due to its favorable geological features, such as volcanic calderas and closed-basin characteristics, which are known to enhance lithium and boron concentration.

According to the company's investor presentation, this acquisition bolsters Canter's portfolio as it continues to focus on the Columbus project. The upcoming follow-up sampling and the planned Q4 2024 exploration at the Railroad Valley site further demonstrate the company's commitment to expanding its exploration activities. Canter's continued exploration efforts are expected to provide the data necessary to identify lithium-boron deposits across its portfolio, enhancing long-term growth potential.

Analysts On Canter

*According to Technical Analyst Clive Maund, who issued an opinion on October 16, Canter Resources Corp. was viewed as an "Immediate Strong Buy." Maund pointed out that the company's stock was priced at "some 8% of its price at its late 2023 peak," making it a highly favorable entry point. He emphasized that despite the severe bear market in lithium, Canter had made "considerable progress" on its projects, which positioned the company to benefit as lithium prices stabilized. Maund highlighted that Canter's Columbus Basin Project, located in a region with favorable geology, "looks set to provide a 'kicker' for the stock," especially following positive Phase II drilling results.

On October 15, Jeff Clark from The Gold Advisor also shared a positive assessment of Canter Resources. Clark noted that the company had reported "significant findings from its Phase II Geoprobe drilling program" at the Columbus Project, including the highest boron concentration to date and consistent lithium values. He highlighted Canter's potential to make a major discovery at Columbus, particularly due to the structural similarities between this project and other successful lithium-boron operations in the region. Clark added that Canter's "low-cost shallow drilling" had laid the foundation for a deeper and more extensive exploration phase. He affirmed that Canter's market cap of CA$3.85M represented an "incredible bargain" considering the company's potential.

In What is Chen Buying? What is Chen Selling?, published on October 16, analyst Chen Lin provided a positive outlook on Canter Resources' drilling results. He highlighted that Phase II drilling at the Columbus Lithium-Boron Project returned "the highest dissolved boron concentration to date," which further underscored the project's potential. Lin emphasized the promising geochemical similarities between Canter's Columbus Basin and other major lithium-boron-producing regions, stating that these results "bolster the company’s hypothesis" and position Canter as a key player in the critical minerals market. [OWNERSHIP_CHART-10988]

Ownership and Share Structure

According to the company, managers and insiders own about 9.6% of Canter Resources, and strategic investors (including the founding group and Michael Gentile & Advisors) own about 12%.

The investors with the largest stake are all insiders. They are CEO and Director Joness Lang with 3.38%, Director and Strategic Adviser Warwick Smith with 2.14%, Director and Technical Adviser Kenneth Cunningham with 1.95%, Chief Financial Officer Alnesh Mohan with 0.97%, and Director and Technical Adviser Eric Saderholm with 0.58%, and Gentile, who owns about 4% personally.

Four institutions or funds, including Euro Pacific Asset Management, collectively hold 3%. Retail investors own the remaining.

The Canadian explorer has 51.29 million outstanding shares, 46.41 million free float traded shares with a CA$4.11 million market cap.

Over the past 52 weeks, Canter has traded between CA$0.07 and CA$0.99 per share.

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Important Disclosures:

  1. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Canter Resources Corp.
  2. James Guttman wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.
  3. 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.

* Disclosure for the quote from the Clive Maund article published on October 16, 2024

  1. For the quoted article (published on October 16, 2024), the Company has paid Street Smart, an affiliate of Streetwise Reports, US$2,500.
  2. Author Certification and Compensation: [Clive Maund of clivemaund.com] is being compensated as an independent contractor by Street Smart, an affiliate of Streetwise Reports, for writing the article quoted. Maund received his UK Technical Analysts’ Diploma in 1989. The recommendations and opinions expressed in the article accurately reflect the personal, independent, and objective views of the author regarding any and all of the designated securities discussed. No part of the compensation received by the author was, is, or will be directly or indirectly related to the specific recommendations or views expressed

Clivemaund.com Disclosures

The quoted article represents the opinion and analysis of Mr. Maund, based on data available to him, at the time of writing. Mr. Maund's opinions are his own, and are not a recommendation or an offer to buy or sell securities. As trading and investing in any financial markets may involve serious risk of loss, Mr. Maund recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction and do your own due diligence and research when making any kind of a transaction with financial ramifications. Although a qualified and experienced stock market analyst, Clive Maund is not a Registered Securities Advisor. Therefore Mr. Maund's opinions on the market and stocks cannot be only be construed as a recommendation or solicitation to buy and sell securities.

( Companies Mentioned: CRC:CSE; CNRCF:OTC; 601:FRA, )




exploration

Gold Exploration Yields Promising Results, Extending Mineralization Over a Kilometer

Source: Streetwise Reports 11/06/2024

Golden Cariboo Resources Ltd. (GCC:CSE; GCCFF:OTC; A0RLEP:WKN; 3TZ:FSE) has reported encouraging results from its 2024 field campaign. Read more about the significant gold mineralization uncovered and the extension of known deposits by one kilometer.

Golden Cariboo Resources Ltd. (GCC:CSE; GCCFF:OTC; A0RLEP:WKN; 3TZ:FSE) has reported encouraging results from its 2024 field campaign. During the exploration, the company collected 16 rock samples from the Halo zone, North Hixon zone, and Pioneer area. These samples revealed promising gold mineralization in the region. Notable highlights from the Halo zone include grab samples from newly exposed outcrops, with assays reaching 8.47 g/t Au (grams per tonne, gold), 6.59 g/t Au, and 2.39 g/t Au. These samples were taken from altered andesite tuff with quartz-carbonate veins located approximately 101 meters northeast of the nearest drill collar.

Sampling near the Pioneer showing, situated one-kilometer north-northwest of the Halo zone, also returned assays of 1.13 g/t Au and 0.40 g/t Au. The fieldwork's findings have significantly extended the strike length of known gold mineralization by one kilometer and expanded the surface footprint of mineralization to the northeast. Despite challenging glacial cover, Golden Cariboo's team continues to uncover significant gold-bearing outcrops.

The report also underscored the strategic advantages of the property's location, infrastructure, and proximity to Highway 97, which reduces exploration and operational costs. Wortel detailed Golden Cariboo's drilling campaign, which includes results such as Hole QGQ24-013, which intersected 136.51 meters at 1.77 g/t gold, including a higher-grade interval of 23.89 meters at 3.32 g/t gold.

Valuation metrics from the report included a projected fair value of CA$0.40 per share, representing a 74% potential upside from the current trading price of CA$0.23, and doesn't include the added value from recent, significant exploration success. Despite acknowledging the high risks associated with early-stage exploration projects, Couloir Capital emphasized the long-term value potential in a Tier 1 mining jurisdiction, reinforced by the company's experienced management team and promising geological trends.

Frank Callaghan, President and CEO of Golden Cariboo, stated in the news release, "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. 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."

Mining and Metals Market

On October 29, Kitco reported that gold prices had reached nearly US$2,800. This price represents a 35% increase for the year. The rise was attributed to multiple factors, including "geopolitical conflicts, Federal Reserve interest rate normalization, continued strong demand from global central banks, and uncertainties about the upcoming presidential election and potential fiscal stimulus." Analysts at Kitco described this combination of elements as a "perfect storm." They noted it had driven investor sentiment and reinforced gold's value as a hedge against economic turmoil.

LiveMint, on October 30, highlighted the substantial returns seen in gold over the past year. Despite this impressive performance, some analysts expressed caution regarding gold's future trajectory. Ajay Kedia, Director of Kedia Advisory, suggested that while gold prices may see a short-term rally, "investors may have to remain cautious on the yellow metal in the second half of 2025." Kedia noted that gold prices could experience profit-taking and a slowdown if interest rate cuts by the Federal Reserve do not materialize as quickly as expected. Nonetheless, gold has continued to serve as a preferred asset for those seeking stability, especially in times of economic and political uncertainty.

In a November 4 report, Egon von Greyerz, Founder and Chairman of Matterhorn Asset Management, provided a historical perspective on gold's role in preserving wealth. Von Greyerz discussed how gold had consistently retained value, even as fiat currencies depreciated over time. He emphasized, "Gold held in the investor's name in safe vaults and jurisdictions outside the financial system is the ultimate form of wealth preservation." Von Greyerz also pointed to gold's outperformance since the 1970s, stating that gold had increased 78 times since President Nixon ended the gold standard in 1971. He argued that gold's journey was "only starting now," citing the ongoing destruction of fiat money value through global debt expansion and monetary policies.

Cariboo Catalysts

According to Golden Cariboo Resources' Q1 2024 investor presentation, the company is advancing exploration on its 3,814-hectare Quesnelle Gold Quartz Mine property, located in British Columbia's historic Cariboo Mining District. The asset benefits from 160 years of mining history and is road-accessible, facilitating year-round exploration. The 2024 exploration program, including trenching and a proposed 2,500-5,000m Phase 2 drilling campaign, aims to delineate the gold system further and complete a National Instrument 43-101 compliant resource estimate.

The property, encircled by Osisko Development Corp. on three sides, holds the potential for high-grade, multi-ounce gold targets. Management is focusing on a multi-phase exploration strategy. This includes trenching to assess shallow overburden and mapping and sampling to refine drill targets. The team's experience and the property's historical and geological significance position Golden Cariboo as a promising exploration venture.

The proposed drilling and development efforts reflect a systematic approach to unlocking value in this underexplored yet historically significant gold camp as the company progresses toward realizing a resource estimate.

Expert Analysis

Golden Cariboo Resources Inc. received favorable coverage from Couloir Capital in a report released on September 3, 2024. Senior Mining Analyst Ron Wortel issued a Buy recommendation for the company, noting the significant potential for discovering a large gold resource at the Quesnelle Gold Quartz property. Wortel highlighted that the property, located in British Columbia's historic Cariboo Mining District, lies along the same geological trend as Osisko Development's projects, suggesting the possibility of tapping into similar high-grade mineralization systems.

The report also underscored the strategic advantages of the property's location, infrastructure, and proximity to Highway 97, which reduces exploration and operational costs. Wortel detailed Golden Cariboo's drilling campaign, pointing out positive early results, such as Hole QGQ24-08, which intersected 263 meters at 0.29 g/t gold, including a higher-grade interval of 200 meters at 0.58 g/t gold. The analyst described these findings as indicative of "bulk-tonnage targets," with visible gold observed in several drill cores, bolstering the outlook for continued exploration success. [OWNERSHIP_CHART-11131]

Valuation metrics from the report included a projected fair value of CA$0.40 per share, representing a 286% potential upside from the current trading price of CA$0.14. Despite acknowledging the high risks associated with early-stage exploration projects, Couloir Capital emphasized the long-term value potential in a Tier 1 mining jurisdiction, reinforced by the company's experienced management team and promising geological trends.

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$9.7 million. Over the past 52 weeks, Golden Cariboo has traded between CA$0.08 and CA$0.36 per share.

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Important Disclosures:

  1. 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.
  2. 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.
  3. James Guttman wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor.
  4. 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, )




exploration

Exploration Co. Seeks Possible Large Copper System in BC

Vancouver-based minerals explorer Prosper Gold Corp. (TSVX: PGF; OTCQB: PGXFF) is focused on its district-scale Cyprus copper-gold project in north-central British Columbia. One analyst says the results of a recent geophysical survey put the stock in an excellent position.



  • TSVX: PGF;OTCQB: PGXFF

exploration

Exploration Expansion Targets High-Grade Copper Potential in Nevada

Giant Mining Corp. (CSE: BFG; OTC:BFGFF; FWB:YW5) announced the expansion of its surface exploration program at the Majuba Hill copper-silver deposit in Pershing County, Nevada. Read more to learn about the promising high-grade copper findings and the project's potential impact on the EV and renewable energy sectors.




exploration

Uranium Exploration Co. Enters Into New Partnership in Athabasca Basin

Skyharbour Resources Ltd. (SYH:TSX.V; SYHBF:OTCQX; SC1P:FSE) announced it has entered into an agreement with Hatchet Uranium Corp. to acquire interest in several of its projects. One analyst says the "spotlight" is on uranium juniors as the energy transition drives a heightened demand for power sources.



  • SYH:TSX.V; SYHBF:OTCQX; SC1P:FSE

exploration

Strategic Lithium-Boron Acquisition Expands Exploration Footprint in Nevada

Canter Resources Corp. (CRC:CSE; CNRCF:OTC; 601:FRA) has completed its acquisition of the Railroad Valley lithium-boron claims (RV project). Read why the company CEO says this aligns with Canter's long-term growth strategy.




exploration

Uranium Exploration Co. Enters Into New Partnership in Athabasca Basin

Skyharbour Resources Ltd. (SYH:TSX.V; SYHBF:OTCQX; SC1P:FSE) announced it has entered into an agreement with Hatchet Uranium Corp. to acquire interest in several of its projects. One analyst says the "spotlight" is on uranium juniors as the energy transition drives a heightened demand for power sources.



  • SYH:TSX.V; SYHBF:OTCQX; SC1P:FSE

exploration

Silver Exploration Co. Hits More Bonanza Grades

This bodes well for the possibility of bulk mining at this silver-gold project in British Columbia, noted a Research Capital Corp. report.




exploration

Major Ocean Exploration Effort Would Reveal Secrets of the Deep

A new large-scale, multidisciplinary ocean exploration program would increase the pace of discovery of new species - ecosystems, energy sources, seafloor features, pharmaceutical products, and artifacts, as well as improve understanding of the role oceans play in climate change.




exploration

NASA Should Update Policies That Protect Planets and Other Solar System Bodies During Space Exploration Missions, New Report Says

The current process for planetary protection policy development is inadequate to respond to increasingly complex solar system exploration missions, says a new report from the National Academies of Sciences, Engineering, and Medicine.




exploration

Partnerships Between NASA and Industry Can Support Lunar Exploration, Say Two New Reports

Renewed interest in exploration of the moon has the potential to benefit lunar science greatly and could evolve into a program facilitated by partnerships between commercial companies and NASA’s Science Mission Directorate (SMD), say companion reports by the National Academies of Sciences, Engineering, and Medicine.




exploration

Taking Flight -The Mars Helicopter Ingenuity and the Future of Mars Exploration

Creating an aircraft that will fly in the Martian atmosphere is an engineering tour de force.




exploration

Debut Book "Walking in My Mother's Garden" by Evan Kline Offers a Powerful Exploration of Life, War, and Self-Discovery

Walking in My Mother's Garden," the highly anticipated first volume of Poetry, Prose, and Philosophy by Evan Kline, is now available, offering a deeply personal and poignant account of a sailor's journey through life, war, and self-discovery.




exploration

New Book "Miserere" by Daniel Michael Gallik Offers a Haunting Exploration of Human Struggle

"Miserere," a powerful and poignant new book by Daniel Michael Gallik, is now available, delving into the raw and unflinching realities of human existence.




exploration

GAFAM Empire. An exploration of acquisitions by big tech companies

Since the mid-1970s, the world has witnessed the rise and... more




exploration

DART Impact Reshapes Asteroid Moon Dimorphos, Alters Future Exploration Plans

What did NASA’s Double Asteroid Redirection Test (DART) spacecraft on the asteroid moon, Dimorphos, teach astronomers about altering the trajectory o



  • Space &amp; Astronomy

exploration

Mars Exploration: Past, Present, and Future

For thousands of years, Mars, aka the Red Planet, has fascinated skywatchers from countless civilizations and cultures, leading some to speculate that it w



  • Space &amp; Astronomy