Presenting virtually on Tuesday will be West Vault Mining Inc, formerly West Kirkland Mining Inc, KORE Mining, and Integra Resources
Proactive will be featuring more growth stocks next week at its first ‘North American Gold Developer conference,’ which will be hosted virtually from New York on Tuesday, July 14.
Gold is the precious metal of the moment, with the price reaching nine-year highs amid the coronavirus crisis and concerns about the global economy.
This, of course, is creating growing investor interest across the mining sector and Proactive has brought together three exciting gold-focused small-caps with big plans to take advantage of gold’s recent rise.
They are West Vault Mining Inc (CVE:WVM), formerly West Kirkland Mining Inc (CVE:WKM); KORE Mining (CVE:KORE); and Integra Resources (CVE:ITR).
The panel of company bosses will also be joined by Joe Mazumdar, who writes a mining newsletter, and who will provide his analysis of the current macro picture for gold.
In a recent interview, he suggested that investors interested in the sector should focus, during the pandemic, on mining companies which are actively working to move projects forward.
Proactive’s One2One Virtual Investor Forum will take place at 1pm EST on Tuesday. To register for the event, please click HERE
West Vault Mining controls properties in the prolific Walker Lane trend in southern Nevada. The US state that was said to be the best jurisdiction for investing in mining in the world by the Fraser Institute last year.
The firm’s flagship asset is a 75% stake in the Hasbrouck gold project near the mining town of Tonopah, which is a permitted, shovel-ready open-pit mine, boasting 762,000 proven and probable ounces.
WATCH: West Kirkland Mining looks to receive permits on second phase of its Nevada-based gold project
The first part of the project – a three year open pit at Three Hills – is permit ready, while the firm is currently finalizing the permitting of the larger Hasbrouck part of the project. To tell us more about this exciting asset will be chief executive Michael Jones.
Elsewhere, new kid on the block KORE Mining (CVE:KORE), founded around two years ago, has already built up a portfolio of four enviable advanced gold projects in North America, three of which are district scale.
Big hitters Macquarie Bank and Eric Sprott have also already put money into the company, while management is closely aligned with shareholders, owning around 38% of capital.
The group recently announced a positive preliminary economic assessment (PEA) for its Imperial asset in California, which has the potential to be a simple run-of-mine heap leach project with strong economics. Its net present value was put at US$343 million with initial capital required estimated at US$143 million.
Newsflow is likely to be strong in coming months as the firm is drilling at its FG gold…