Generative Exploration: GZZ, LRA, RRI, SOI etc

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GZZ, GROY, rzz... YTD: C$10.90 / $5.12= 213%

GROY-etc ... 6mo: 10d / $5.33, gzz: $12.64 (237%, x% under 2.742).  rzz: $28.50 (535%. y% under 5.903)

Note: GZZ / RZZ = (2.1417 / 4.6110): 46.44%

Share: Ratio : FxAdj: Peak : 09.13 = = = = = = =  : 09.21 = = = = = = =  :
==== : ==== : C$1.27: ==== : C$val: Actual: Disc. : C$1.28 C$val: Actual: Disc. :
GROY: 1.000: 1.000 : $5.31 : $5.12: same : = = =  : 1.000 :  $5.33: same : = = =  :
rzz.v :  4.612: 5.857 : 31.10 : 29.99: 24.81 : -20.2% 5.903 : 31.46: 28.50: -9.41%
gzz.v : 2.142: 2.720 : 14.44 : 13.92: 10.90 : -24.5% 2.742 : 14.61: 12.64: -13.5%
Ratio : 46.4%:  ==== :  ==== : ==== : 43.9% :  ==== : ==== :  ==== : 44.4% :
=====

 

+++ SMC : last: $0.11 ...   SMC - T  

29.0

0.11

·

0.13

1.0

0.11

+0.02

22.2

10yr: 5yr: 2yr:

=== News ===

Date ET	Symbol	Price	Type	Headline
2021-09-21 20:10	C:SMC	0.09	News Release	Sulliden Mining arranges $450,000 private placement

Sulliden Mining arranges $450,000 private placement

2021-09-21 20:10 ET - News Release

Mr. Stan Bharti reports

SULLIDEN MINING CAPITAL INC. ANNOUNCES PRIVATE PLACEMENT

Sulliden Mining Capital Inc. has arranged a non-brokered private placement financing of up to 7.5 million units of the company at a price of six cents per unit for gross proceeds to the company of up to $450,000. Each unit will consist of one common share of the company and one common share purchase warrant. Each warrant will entitle the holder thereof to acquire one common share of the company at a price of 25 cents for a period of five years following the closing date of the offering.

All securities issued in connection with the offering will be subject to a statutory hold period of four months and one day. Completion of the offering is subject to a number of conditions, including all approvals from the Toronto Stock Exchange. The company intends to use the net proceeds of the offering for general corporate purposes. The offering is expected to close on or about Sept. 24, 2021.

===

[drbubb]

GOLD ROYALTY, ABITIBI ROYALTIES & GOLDEN VALLEY UPDATE EXPLORATION & MINE DEVELOPMENT DRIVING BUSINESS FORWARD

Update on Cash Flowing Royalties

In addition to cash generated from the new Gold Royalty's Project and Royalty Generator Model and marketable securities, the Company will have six royalty interests on five producing mines, which include portions of the Canadian Malartic open pit, Jerritt Canyon (two royalties), Isabella Pearl, Marigold and the Rawhide Mine.

Jerritt Canyon Mine - Nevada (0.50% Net Smelter Return Royalty "NSR" & Per Ton Royalty)New Owner, Excess Plant Capacity, 25 High Priority Exploration Targets Being Drilled

The Jerritt Canyon Mine has been in production since 1981 having produced over 9.5 million ounces of gold during its 40-year production history, with peak annual production having exceeded 450,000 gold ounces. In 2020, Jerritt Canyon produced 112,749 ounces of gold at a cash cost of US$1,289 per ounce according to First Majestic Silver Corp. ("First Majestic"). The 119 square mile land package at Jerritt Canyon holds significant exploration potential, but has been starved of capital for nearly 20 years under various owners. Gold Royalty believes that First Majestic, which acquired the mine in April 2021, possesses the experience and resources to transform the mine once again into a significant gold producer.

First Majestic purchased Jerritt Canyon for share consideration totaling US$470 million and 5 million share purchase warrants on April 30, 2021. On August 16, 2021, First Majestic announced that during May and June of 2021 (62 days) Jerritt Canyon produced 18,762 ounces of gold and processed 146,611 tons of ore. There remains significant opportunity to increase the mining and processing rates at the mine under First Majestic's ownership as the processing plant on average is operating at approximately 2,200 tpd which is approximately 50% of its designed capacity.

> More: https://www.stockwatch.com/News/Item/Z-C!GZZ-3144500/C/GZZ

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update: TRX : Last: $0.47

==

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COMPLETED MERGER

GROY ... YTD: 10d: Last: US$4.90

2021-11-05 10:37	C:GZZ	12.74	News Release	Golden Valley, Abitibi complete Gold Royalty deal
2021-11-04 22:45	C:GZZ	12.74	Shares Delisted from TSX-V	Golden Valley Mines to be delisted from TSX-V

Company / SYM:  Ye’20:  GROY: x shs. : == USD ==: x1.245: chg. : Last :
Golden V. / GZZ :  $ 7.40: $ 4.90: 2.1417: $10.494= $13.07 +76.6%, 12.49
Abitiibi R. / RZZ : $26.10: $ 4.90: 4.6119: $22.598= $28.13 +7.80%, 27.00
Gold Roy./ Groy : $3.40*: $ 4.90: 1.0000: ============== +44.1%
=======
* Low on day of issue

Gold Royalty acquired all of the issued and outstanding Golden Valley and Abitibi Royalties common shares, with:

• Golden Valley shareholders entitled to receive 2.1417 Gold Royalty common shares for each Golden Valley share held immediately prior to the effective time of such arrangement;
• Abitibi Royalties shareholders entitled to receive 4.6119 common shares of Gold Royalty for each Abitibi Royalties share held immediately prior to the effective time of such arrangement.

===

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SMP - Southern Empire options VLM; talks Pedro survey data
[2021-12-30 11:11]
Southern Empire Resources Corp. has optioned the VLM project in Mexico from Riverside Resources Inc. for 1.62 million shares and $137,000. The company is discussing data from its recent airborne survey at the Pedro gold project in Mexico. more...

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LRA has been tracking GDXJ recently... and is now moving ahead

LRA-etc ... update : $0.71  +0.01 / GDXJ: $45.61 = Ratio: 1.56%

Previous : $0.63 / GDXJ: $51.03 = Ratio: 1.23%

==

Ratio: $0.63 / GDXJ: $51.03 = Ratio: 1.23%

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GZZ was a long term investor in SOI / Sirios

GZZ Ownership - Per AUG. 2017 Presentation : http://www.goldenvalleymines.com/investors/presentations/GZZ-31-Aug-2017Cdnv2.pdf
Sym.: Company ------- : C$price: -Low - High-- : ShOS : %Pct.: xGzzSh: MktCap: Aug.17 Pres.

Book Value: 09/30/17: ---------------------------------------------- : $40.0m : (Sep.17)

GZZ : Golden Valley-- : $ 0.310 : $0.24- $.495 : 122.7 : 100.%: 122.7 : $38.0m : $39.1M :
RZZ : Abitibi Roylaties : $ 9.300 : $7.41- $10.80 : 11.41 : 49.1%: 5.605 : $52.1m : $51.3M :
SOI: Sirios Resources: $ 0.380 : $0.25- $0.56 : 120.1 :  3.3%: 4.000 : $1.52m : $1.60M :
MZZ : Val d'Or Mining : $ 0.090 : $0.07- $0.17 : 18.35 : 44.5%: 8.164 : $0.73m : $0.70M :
IZZ. : Intl Pros. Vents. : $ 0.10E : $0.16- $0.36 : 22.96 : 18.2%: 4.171 : $0.42m : $0.40M :
================== > ------------------------------------------------------ : $54.8m : $54.0M :
Cash held, etc-------- : ---------------------------------------------------------- : $7.80m : (Sep.17)
OTHER Assets:
abt.3% NSR Chechoo: gold royalty: 3% at gold > $1,200- $2,400 -- : $06.8m? (20% SOI)
Grassroots Expl. Proj :
Active Option Agrmts :

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SOI charts and News : $0.055 vs. BookValue: $0.13 = Ratio: 42.% BV

MktCap: $0.055 x 254.Million shs = C$14.0M / 1.35= US$xx / 1.4M oz =

SOI / Sirios Res. . All: 10yrL: 10yrW: 3yr: 2yr: Ytd: 10d/ Last: C$0.055 (Yr: 0.045 to 0.105)

All-L: 10yrL:

All-L: 10yrL:

===

Sirios pegs Cheechoo at 46.3 Mt at 0.94 g/t Au ind.

2022-12-06 09:45 ET - News Release, Mr. Dominique Doucet reports

SIRIOS ANNOUNCES INDICATED RESOURCES OF 1.4 MOZ AT 0.94 G/T AU AND INFERRED RESOURCES OF 0.5 MOZ AT 0.73 G/T AU AT CHEECHOO

The management of Sirios Resources Inc. has released an updated mineral resource estimate (MRE) for its Cheechoo gold property. The Cheechoo deposit now includes 74 per cent of the gold ounces classified as indicated resources. In addition, the gold grade of these indicated resources shows an increase of 45 per cent over the 2020 resources. This resource update follows the 2021 definition drilling program totalling 6,836 metres on Sirios's 100-per-cent-owned Cheechoo property located in Eeyou Istchee James Bay, Quebec.

The updated resource estimate (see the table entitled "Conceptual pit-constrained indicated and inferred resource estimate for the Cheechoo project"), based on an open-pit development model, includes indicated resource of 1.4 million ounces (Moz) of gold (Au) contained in 46.3 million tonnes (Mt) at an average grade of 0.94 gram per tonne (g/t) Au, and an inferred resource of 494,000 ounces of gold contained in 21.1 Mt at an average grade of 0.73 g/t Au.

==

Sirios Resources to option 80% of Aquilon to Sumitomo

2022-12-19 10:21 ET - News Release, Mr. Dominique Doucet reports

SIRIOS SIGNS A $14.8M OPTION AGREEMENT WITH SUMITOMO METAL MINING CANADA LTD. FOR ITS AQUILON GOLD PROJECT

Management of Sirios Resources Inc. has signed a property option agreement with Sumitomo Metal Mining Canada Ltd., pursuant to which Sirios Resources has agreed to grant to Sumitomo an option to acquire up to an 80-per-cent interest, following an investment totalling $14.8-million, on the Aquilon gold property, located in Eeyou Istchee James Bay in Quebec.

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SOI vs. GROY, & UGL. update: +SAND: 10d /ugl-$61.10, $0.065 (0.11%), $2.61 (4.27%)

GROY-toUGL

SOI to UGL

===

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RRI is in... A Looong term Triangle: Last: 0.14 ( Range: 0.10 to 0.185 )

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HL / Hecla vs. ATC / Atac ... Merger worth 18 cents

Potentially 20 cents, if HL rises back to $7.38 High

HL vs. ATC, Ugl, Gdxj: HL-$6.41 x1.35: C$8.65 x0.0166 = 0.144.

0.144 (80%)  + 0.036 (20%) = 0.180 (100%) ... 10d chart

xx

HL vs. ATC,

Hecla Signs Definitive Agreement to Acquire ATAC Resources

2023-04-06 06:00 ET - News Release
Company Website: https://hecla.com

Hecla Mining Company (NYSE:HL) (“Hecla” or the “Company”) is pleased to announce that the Company has entered into a definitive agreement (the “Arrangement Agreement”) with ATAC Resources Ltd. (“ATAC”) to acquire ATAC and its Rackla and Connaught projects in Yukon, Canada.

Under the proposed transaction, the Company’s subsidiary would acquire all of the issued and outstanding shares of ATAC for a consideration of C$31 million, or 0.0166 Hecla share per share of ATAC (consisting of 3,693,516 common shares of the Company in aggregate). Hecla would also invest C$2 million in seed capital, equal to a 19.9% interest, for a new exploration company Cascadia Minerals Ltd. (“Cascadia”), which would be spun-out with certain properties to ATAC’s shareholders as part of the transaction. The total consideration to the ATAC shareholders, including the implied value for the shares in Cascadia (C$0.036/share), is C$39 million. The Hecla shares provide ATAC shareholders with a premium of 66% based on ATAC’s 20-day volume-weighted average price of C$0.0845 as of February 17, 2023, the last trading day preceding announcement of the letter of intent, or a 109% premium when including the value of Cascadia shares received.

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HL is pushing higher, raising the value of the Bid

 

Date.    :  HL :   x 1.35 : x.0166: +.036: ATC : Prem.: + Pct.
Original   ??
4.10     : 6.41 :  C$8.63:  0.143 : 0.179: 0.155: 0.024: +15.5%
4.13     : 6.93 : C$9.36:  0.155 : 0.191: 0.160: 0.031 : +19.4%
Target : 7.38 : C$9.96:  0.165 : 0.202: ? ? ? :

 

chart

 

Hecla increases silver output in first quarter, expects first production at Keno Hill in Q3 ...

Kitco News | Apr 13

- Hecla Mining (NYSE: HL) today announced silver production of 4,041,878 ounces in Q1 2023, up 22% compared to Q1 2022 (3,324,708 ounces) and an increase of 10% over Q4 2022 (3,663,433 ounces).