Meet Jay Taylor’s Invitees to the Toronto 2018 Metals Investor Forum

At every Metals Investor Forum (MIF), independent newsletter writers are asked to invite companies they believe are undervalued in the market.  For the March 2018 MIF Jay invited the following companies. After each brief overview, I included a link to the 10-minute corporate presentation at the March MIF.

Auryn Resources (TSX-AUG) brings together all the management skills required for precious metals exploration success. Given past success, management has been able to raise exploration capital efficiently and attract highly skilled and experienced technical personnel who previously served in senior exploration roles with major mining companies. The company currently has seven major exploration projects in its portfolio, three of which are in Canada and four in Peru, thus guaranteeing constant news flow throughout the year.

Management’s strategy is to drill just enough to provide visibility of large-scale deposit the likes of which major mining companies require. With seven highly prospective large exploration targets being actively explored, and given its success in advancing projects to the point of monetization, prospects of success of this well-funded junior exploration firm appear very good. Investors should look forward to a steady flow of drill results throughout 2018.  Listen to Ivan Bebek, Exec. Chairman, here: https://tinyurl.com/ya5qpc45

 

 Newrange Gold Corp. (TSXV-NRG) – The flagship property for this company is its high-grade Pamlico Gold Project located toward the northern end of Nevada’s Walker Lane Trend. The project covers the historic Pamlico Mines on Pamlico Ridge, together with the Central, Sunset, Good Hope, Gold Bar, and various unnamed mines and prospects. Discovered about 1884, reports indicate that by 1886 the district was shipping ore to custom mills. However, only recently have these various projects been brought under one roof, thus enabling Newrange with an opportunity for district scale exploration.

With drilling just having begun in 2017, investors have already been treated to some attractive intercepts, like 6.1 meters of 97.94 g/t Au; 4.6 meters of 43.8 g/t Au; 53.4 m of 2.36 g/t Au; and 4.6 meters grading 16.87 g/t Au. With high-grade near surface gold exploration targets of district scale and all the advantages of solid infrastructure in a mining-friendly jurisdiction, the upside potential appears promising for early investors. Listen to Robert G. Carrington, Pres. & CEO, here:  https://tinyurl.com/y88aksfu

 

Rockhaven Resources Ltd. (TSXV-RK) is an exploration company aggressively advancing its 100%-owned and road-accessible Klaza Gold-Silver Project located in Yukon, Canada. The Klaza Polymetallic Project hosts one of the highest grade gold deposits ever discovered in Yukon. Rockhaven owns a 100% interest in the deposit and controls over 250 km2 of prospective land within the district. The potential economics of the project were enhanced significantly from 2017 drill results that extend mineralization laterally, thus increasing the amount of material accessible via open pit.

In addition, seven new mineralized structures were discovered within 300 to 400 meters of the existing deposits. Some very impressive drill intercepts, like the following, provide anticipation for a considerably larger resource and much improved economics: 1.74 meters grading 23.7 g/t Au and 625 g/t Ag; 2.63 meters grading 94.09 g/t Au; 0.61 meters grading 182 g/t Au; and 2.26 meters grading 674 g/t Ag. Near-term prospects are for 2+ million gold-equivalent ounces with upside resource potential believed to be in the 3 million to 4 million gold-equivalent-ounce range. Given its current market cap, potential upside appears significant. Listen to Matt Turner, President & CEO, here: https://tinyurl.com/ydeefbkw

 

Skeena Resources Limited (TSX-SK) is a junior Canadian mining exploration company focused on developing prospective precious and base metal properties in the Golden Triangle of northwest British Columbia, Canada. The company’s primary activities are the exploration and development of the past-producing Snip Mine and the recently optioned Eskay Creek Mine, both acquired from Barrick. Surface drilling during 2017 and underground drilling this winter are demonstrating the extension of high-grade gold mineralization at the Snip. Very early work at Eskay Creek is also looking very promising.

Major infrastructure improvements including electric power lines have been constructed in the Golden Triangle since gold was last produced at the Snip and Eskay Creek Mines. That factor along with much higher gold prices suggest vastly improved economics are likely in store for those two projects, which are the major focus of the company. However, Skeena has two other projects of value that could be monetized in the future, should management decide to go that route. Those projects are the Porter Idaho high-grade silver mine and the Spectrum-GJ Copper-Gold Porphyry Project on which a PEA has been completed. In the current environment, there is reason to anticipate considerable upside share price potential as the company demonstrates much improved economics of the Snip Deposit and very possibly Eskay Creek as well.  Listen to Kelley Earle, VP Communications, here: https://tinyurl.com/y872yjyh