Gold Discovery

Exploring Yukon Gold Stocks

Exploring Yukon Gold Stocks

Investors are getting heated over Yukon gold exploration stocks, but the cold weather may put a bit of a chill into share prices until next season… During the dark and frozen winters of Canada’s Yukon Territory, efforts to explore and develop new gold resources are crippled. So work on Yukon gold projects is pretty much at a standstill right now. Some gold companies, however, have prepared for the wintertime lull in Yukon exploration by staking other gold claims in warmer global regions… Radius Gold (TSX-V: RDU ) Share Price $0.86 Exchange: Symbol TSX Venture: RDU Market Cap $63 Million Website www.radiusgold.com Radius Gold (TSX-V: RDU) is a precious metal exploration, joint-venturing, and royalty firm that is currently focused on gold and silver projects in the Yukon and Guatemala. The company is part of a larger group of mineral firms lead by Simon Ridgway, a world-renowned prospector and mining industry financier. Known as Gold Group, the firm includes Fortuna Silver Mines (TSX: FVI ), Iron Creek Capital (TSX-V: IRN ), Emerick Resources (TSX-V: ERC ), Focus Ventures (TSX-V: FCV ), and Western Pacific Resources (TSX-V: WRP ). For Radius Gold, Ridgeway and his team have assembled a regionally diverse portfolio of nine total projects in Canada, Guatemala, Nicaragua, Mexico, and Peru. The company has already entered into joint ventures on seven of their gold and silver projects with companies including Solomon Resources (TSX-V: SRB ), B2Gold (TSX: BTO ), and Kappes, Cassiday & Associates — one of the world’s leading gold experts in heap leaching. Right now, however, Radius Gold’s exploration focus are the company’s 60 Mile Yukon Gold project and the Holly-Banderas project in Guatemala. 60 Mile Gold Project, Yukon The 60 Mile Gold project is located in the world famous Tintina gold belt, and covers six creeks and rivers where placer gold was historically mined. Records show that 500,000 ounces of placer gold has been historically recovered from Radius’ claims. The company says that the project has strong geological similarities to International Tower Hill’s (TSX-V: ITH ) Livengood gold discovery in nearby Alaska. The Livengood deposit is currently home to over 7.6 million ounces of indicated and inferred gold resources. In addition to the Livengood deposit (marked #7 in the map below), there are many other world-class gold mines through the Tintina gold belt in Alaska and the Yukon. Radius Gold is currently working on three projects in Canada’s Yukon Territory click to enlarge In mid-August, Radius began a small seven-hole exploration drilling program at the 60 Mile project. The results were reported three months later and were encouraging — showing high-grade gold. But these seven holes are just the very beginning of all the needed to be calculate the size of a gold resource or reserve as standardized by the Canadian Securities Administrators. As I…

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Five Marijuana Stocks to Play Prop 19

Filed in euro, Gold, Gold Discovery, GOld juniors, lead, miners, New Gold, silver, ubs by on October 29, 2010 1 Comment
Five Marijuana Stocks to Play Prop 19

Next Tuesday, California will vote on Proposition 19. This measure legalizes various cannabis-related activities, which include permitting the cultivation, sale, consumption, and taxation of the commodity. If legalized, the new cannabis market will present significant investment opportunities from an industry estimated to be worth over $150 billion . The hype around Proposition 19 alone may even cause several cannabis-related stocks — that you can buy right now — to jump ahead of the vote. And in just one minute, I’ll give you the top five marijuana stocks that could soar if Prop 19 is passed. Bur first, let me give you a better idea of just how much money investors stand to make from this legislation, and what kinds of investments are available. Marijuana: The most profitable commodity on the planet The production and sale of cannabis offers investors the potential to return major league gains. Truth is, the profit margins are through the roof. To produce one pound of hydroponically grown cannabis costs between $100 and $200 per pound. You can sell that same pound of cannabis for anywhere from $7,000 to $10,000 per pound to the retail market, depending on quality. That’s a minimum 3,400% gain ! (To get the same investment gain from the Dow Jones, you would have had to invest in …

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Yukon Gold Stocks Gain Heavy Media Attention

Yukon Gold Stocks Gain Heavy Media Attention

A few weeks ago, I wrote to you to discuss the investment highlights of companies with gold projects in Canada’s Yukon Territory. I’ve been interested in the area for several years. And when Underworld Resources (Historic: TSX-V: UW) recently made the White Gold discovery, my interest was really piqued. I recently returned from a second trip to the Yukon to visit a few companies and projects that I am considering for recommendation in my Mining Speculator newsletter. And I can tell you first hand that the area is buzzing with excitement. You see, since the initial discovery of gold in the Yukon region over a hundred years ago, approximately 12.5 million ounces of gold have been produced. But the source of this gold has never been found… Until now? Maybe. It’s way too early to tell. But one thing’s for sure: The Yukon’s gold industry is getting more media attention than ever. Just look at some of these recent headlines that I found while searching “Yukon gold” on Google News: Yukon: Modern Day Gold Rush On The Horizon – Resource Investing News, August 13, 2010 Juniors Pour Millions Into Yukon Projects – Mining News , August 29, 2010 Mineral Rush Pushes Yukon Staking Claims to Near-Record Levels – Canadian Business Online , August 17, 2010 TSX Ends Eight-Day Win Streak, But Yukon Gold Rush Continues – The Vancouver Sun , September 7, 2010 Explorers Trek to Mining-Friendly Yukon – Mining News , August 29, 2010 The Yukon Territory is a very prospective gold exploration area that gives investors exposure to new major gold discoveries. Following Underworld Resources’ White Gold discovery, the world’s top geologists believe the Yukon may become the central focus of investment for the exploration, development, and production of gold for decades. I have been advising investors to consider junior gold stocks with projects in Canada’s Yukon Territory. In my recent Wealth Daily report titled The 21st Century Yukon Gold Rush , I talk briefly go through the history of gold in the Yukon, the White Gold discovery, and I tell investors about two Yukon gold stocks that have already yielded quadruple-digit gains. You can read The 21st Century Yukon Gold Rush for free by clicking here . Good Investing, Greg McCoach Editor, Wealth Daily Investment Director, Mining Speculator and Insider Alert Yukon Gold Stocks Gain Heavy Media Attention originally appeared in

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The World’s Hottest Region for Gold Exploration

The World’s Hottest Region for Gold Exploration

When junior mining companies make a big gold discovery, shareholders often see double- and triple-digit investment gains. Of course, gold is very rare and making a significant discovery isn’t easy. But ask any geologist… The best place to find large deposits of gold is close to where other major deposits have already been discovered. That’s why I’ve recently been looking to invest in a region that many consider one of the best places in the world for gold exploration. Advertisement Breakthroughs Nowhere Near This Big Have Paid Investors Over 10x Gains Our resident biotech expert just came across a tiny company that can make the human immune system 1 000 times more effective against dozens of deadly diseases — including the major cancers: Prostate, lung, breast, cervical, and more… Here’s how their revolutionary “cell-shock” technology could hand you as much as 1000 times your money as it saves tens of millions worldwide. Just 300 miles north of Las Vegas Nevada is one of the largest sources of gold in the world. By itself, the state contributes over 7% of total world gold production, making it the fourth largest producer in the world behind, China, South Africa, and Australia. The majority of Nevada’s vast gold resources is contained in the second largest economic gold anomaly in the world— second only to South Africa — called the Carlin Trend . Ancient geologic forces induced high temperatures and pressure that produced numerous hot springs along an area about 5 miles wide and 40 miles long, known today as the Carlin Trend. These hot springs brought an abundance of dissolved minerals toward the surface; among these minerals was a fortune of gold. In the past two decades alone, over 200 million ounces of gold have been discovered… And over 70 million ounces (worth $84 billion today) were produced from the Carlin Trend. Some of today’s major gold production companies like Barrick Gold (NYSE: ABX ) and Newmont Mining (NYSE: NEM ) directly owe their success to this exceptionally rich belt of gold deposits. Similar gold trends surround the Carlin Trend, where other major multi-billion-dollar gold discoveries have been made: the Battle Mountain-Eureka Trend the Getchell Trend the Independence Group the Alligator Ridge Group In these surrounding trends, world-class multi-million ounce gold deposits…

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Rubicon Minerals (AMEX:RBY) Announces Gold Discovery

Rubicon Minerals Corp. (AMEX:RBY) (TSE:RMX) is up over 10 percent today as they announced a gold discovery in the Red Lake Gold District of Ontario, at their Phoenix Gold Project. The Phoenix Gold Project is 100 percent owned by Rubicon, adding to the potential value of the discovery for them. They desribed the actual discovery this way: “…results from drill hole 305-05 at its 100%-owned

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PC Gold (TSE:PKL) Raising $6.96 Million in Private Placement

PC Gold Raising Capital to Add Drill PC Gold (TSE:PKL) announced it will be raising $6.96 Million in a private placement which will be used to expand exploration at its Pickle Crow gold mine in Ontario.An offering of 3.85 million flow-through shares at C$1.82 each is the means of raising the capital.After a large gold discovery at Pickle Grow in March, PC Gold wanted to increase its drilling

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PC Gold (TSE:PKL) Major Gold Discovery

Filed in Gold, Gold Bullion prices, Gold Discovery, PC Gold by on March 23, 2010 0 Comments

PC Gold – Gold Discovery PC Gold (TSE:PKL) surged today as they announced they made a major gold discovery at one of their tip mines in Ontario. “This is one of the best intercepts to come out of drilling anywhere in northwestern Ontario in the past year. The combination of width and grade is exceptional,” Chief Executive Kevin Keough said in a statement. The mine with the strong intercept

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