Gold Exploration

How to Buy Yukon Gold Stocks

Filed in BP, Ford, Gold, Gold Exploration, Gold Market, gold-stocks, Lear, New Gold, o, target by on February 18, 2011 0 Comments

For the past few weeks, I’ve been urging investors to take a close look at a quality gold exploration companies working in Canada’s Yukon Territory… But with so many Yukon gold stocks to choose from, it can be difficult for investors to determine which companies deserve the most attention. And that’s exactly why I put this article together for you today. For the first time ever, I’ll be publishing some of the guidelines I’ve been personally using to buy Yukon gold stocks. The very first thing investors should know is that the Yukon gold story is just getting started. Last year, nearly 80,000 new gold claims were staked in the Yukon. But this represents only 4% of the Yukon’s total land mass. There is still plenty of staking potential. In 2011, however, it’s very likely we’ll see several companies make big gold discoveries. In an average year, only about $20 or $30 million is spent exploring for gold in the Yukon. Now that the price of gold is breaking record highs, about $100 million is spent in an average year. But in 2011, the Yukon Geological Survey estimates almost $330 million will be spent for work programs and drilling this summer in the Yukon. With so much exploration going on, someone will no doubt find gold. Almost 20 million ounces of placer gold have been taken out of the Yukon Territory over the century. The Yukon overall has the biggest placer gold signatures in the world— meaning there are very large sources of gold in the Yukon from whence this gold sprang. Geologists generally agree that the source of the placer deposits is typically 10 times larger than the amount of placer gold discovered in an area. In the case of …

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Carlos Slim Catches Gold Fever

Carlos Slim Catches Gold Fever

Carlos Slim beat both Warren Buffett and Bill Gates in stock market performance last year. The reason: a hell-bent plan to start a brand-new gold and silver mining company in Mexico. Slim’s publicly disclosed holdings jumped 37% to $70 billion in 2010, according to data compiled by Bloomberg . Meanwhile, Buffett helped return a 22% gain for Berkshire Hathaway last year, and Gates’ Microsoft fell, hurting his overall annual returns even as he spread his investments into other sectors… The World’s Richest Man catches gold fever Slim — who made his fortune by building one of the world’s biggest telecommunication empires — has recently been making significant investments in gold and silver, particularly with a focus on precious metal mining in Mexico. Carlos Slim became the world’s richest man in 2010 with an estimated net worth of $55 billion. And a new spin-off mining company may help him widen his lead atop the global wealth list… Back in August, Slim’s holding company, Grupo Carso, S.A.B. de C.V., announced it would spin off a new precious metal mining company that would be focused on gold and silver mining in Mexico. The news added billions to Slim’s already ridiculous fortune as the plan to spin off the new company sent shares of Grupo Carso soaring in 2010, making it his best-performing asset last year. The new company (called Minera Frisco) produced nearly 200,000 ounces of gold and 5.5 million ounces of silver from its Mexican projects in 2010. Frisco recently reported plans to spend nearly $750 million this year to ramp up gold and silver production. The company estimates production from new mines in Mexico will more than double the company’s gold production to 440,000 ounces and nearly quadruple its silver production to 19.1 million ounces in 2011. Shares of Minera Frisco began trading Mexican Stock Exchange at the beginning of this year. But Slim and his family received nearly 80% of the new shares of Minera Frisco, and the stock is very thinly traded. Most analysts and investors will most likely avoid covering or owning this stock… However, there are many suitable alternative companies with a focus on gold and silver mining in Mexico. The largest of Minera Frisco’s publicly-traded competitors is the London-based silver major Fresnillo plc (LON: FRES) . Fresnillo plc Exchange: Symbol London: FRES P/E 39.76 Share Price 1,450 GBX Divided 5.90 GBX Market Cap 10.41 Billion GBP Yield 1.12% Fresnillo is the …

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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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Top Picks 2011: Kaminak Gold (KAM)

Filed under: Best Stocks for 2011 This post is one in a series in which more than 60 newsletter advisors share their Top Stock Picks for 2011 . This special report is courtesy of TheStockAdvisors.com . “Kaminak Gold ( KAM ) , a gold exploration firm which trades on the Vancouver exchange, is my top pick for the coming year,” says junior mining stock specialist Brien Lundin . The editor of The Gold Newsletter explains, “The ‘geological baristas’ at Kaminak’s Coffee property in the Yukon’s White Gold District continue to brew-up a strong blend of results. Continue reading Top Picks 2011: Kaminak Gold (KAM) Top Picks 2011: Kaminak Gold (KAM) originally appeared on BloggingStocks on Fri, 07 Jan 2011 11:00:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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China Gold Demand Soars

China Gold Demand Soars

The Chinese saw the writing on the wall over a decade ago. They realized the ultimate fate of the U.S. dollar and the fiat currency system. So in 2003, the government of China began an aggressive campaign to secure resources of gold. They began by increasing the country’s gold reserves. Since that time, the People’s Bank of China has added 21.2 million ounces to the country’s gold holdings. China now has the fifth largest national gold reserve, with over 1,054 tonnes in reserves. While boosting reserves, the Chinese government also began to deregulate the gold mining industry and invite foreign investment for the development of domestic resources. The measures were a runaway success; China is now the world’s largest gold producer with output increasing 70% in the past decade. Chinese government even began encouraging its 1.3 billion citizens to own gold. And today, the country has become the second-largest consumer of gold in the world. The government’s efforts to stimulate and expand the domestic gold market has been highly successful. Chinese citizens have embraced gold as true wealth in all economic seasons. And now new concerns over the future of the U.S. dollar and domestic inflation has prompted the Chinese to recently begin acquiring gold on a epic scale. China’s gold imports to jump 457% this year The Shanghai Gold Exchange recently revealed China’s gold imports jumped almost fivefold in the first 10 months of this year. And even though China is the world’s #1 producer, the country is expected to import 9.2 million ounces of gold this year as inflation concerns lifts investment demand. Consumer prices in China rose 4.4% in October— the fastest pace in two years — and above the government’s full-year target of 3.0%. The People’s Bank…

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Steele Resources Corp. (SELR.OB) Moves to Acquire Filipinni and Plumas Projects Rights

Filed in ceo, Gold, Gold Exploration, Gold Prices, silver, ubs by on October 11, 2010 0 Comments

Steele Resources, www.steeleresources.com – the Nevada-based precious metals developer, today reported entry of its subsidiary, Steele Resources, Inc., into a letter of intent (LOI) with America’s Gold Exploration, Inc. to acquire rights to the Filipinni and Plumas Gold Exploration projects. CEO of SELR, Scott Dockter, highlighted the Company’s aggressive efforts to identify and acquire projects where

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Mercer Gold Corp. (MRGP.OB) is “One to Watch”

Filed in Gold, Gold Exploration, Gold Prices, silver by on September 13, 2010 0 Comments

Founded in 2004, Mercer Gold Corporation is a company that focuses on gold exploration and resource definition in Colombia. They acquired the prospective Guayabales Gold Project, located in the Marmato Gold District, Department of Caldas, earlier in 2010. The Company is exploring the Guayabales property and is looking to acquire additional prospective gold properties

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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 21st Century Yukon Gold Rush

The 21st Century Yukon Gold Rush

The mining history books will have to be rewritten. Brand-new discoveries of large — and incredibly rich — gold deposits in Canada’s Yukon Territory have sparked the imaginations and excitement of geologists across the globe. And with these impressive discoveries, the Yukon Territory is once again gaining a reputation as one of the world’s hottest gold exploration targets. For investors, this means the opportunity to profit from ground-floor area plays in the rapidly re-emerging Yukon gold district — which geologists are already comparing to the world’s top gold regions. Some of these stocks have already started paying off. In just a second, I’ll tell you about two junior gold stocks that have already yielded quadruple-digit gains after the companies hit pay-dirt in the Yukon’s prolific White Gold district. The Yukon region’s legendary gold history and wealth of remarkable new mineral discoveries are quickly making the territory one of the industry’s most intriguing regions for exploration. Investors are advised to take a close look at quality junior gold exploration companies with assets in Canada’s Yukon Territory. And this will get you started… Advertisement The “War on American Retirement” EXPOSED While our nation’s eyes are fixed on Iraq and Afghanistan, Congress launches a hidden assault right here in the homeland … Against your IRAs and 401(k)s. You can surrender and lose everything – or make this “guerilla wealth” move and retire rich, with your assets intact . Click here to learn more Canada’s 21st century Yukon gold rush The gold mining industry has been ingrained in the Yukon culture for over a century. Beginning with the great Klondike Gold Rush in 1896, a total of over 12.5 million ounces of gold have been produced from the Yukon Territory. Yet despite having already produced resources that are worth $15.6 billion today, many geologists still regard the Yukon Territory as ‘virgin country’ in terms of gold exploration and mining. That’s because the full potential of the Yukon Territory is still undetermined. Less than 3% of the Yukon’s known mineral occurrences have been tested with modern gold exploration techniques. Today there are about 80 mineral…

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China’s Gold Bull Market

China’s Gold Bull Market

The Chinese government is making strategic moves that could have dramatic effects on gold’s delicate supply/demand balance. This maneuver could force gold prices screaming higher as hordes of new Chinese gold investors come clamoring into the market. For investors today, the new measures promise at least two things: The gold bull market is secure with prices expected to continue marching higher. Companies with Chinese gold assets may be well-leveraged to take advantage of soaring domestic demand. Here’s how China’s new gold strategy could fundamentally alter the global market… Plus two small gold companies that are hoping to profit with well-established positions in Chinese gold assets… Advertisement BP Changes Oil Forever… and Hands You a Shot at 508% Gains Thanks to the catastrophic Gulf oil spill, the oil industry is being transformed before our eyes. Oil is about to make a huge move back onto land… and these 3 small American companies are already in prime position to lead the charge. Find out how you can piggy bank their good fortune all the way to 508% gains by July 2012. Gold: The China Impact The Chinese government just announced that it will allow more of its domestic commercial banks to import and export gold. Up until now, the international trading of gold was restricted to only five of China’s largest commercial banks. These include the Chinese divisions of HSBC and Standard Chartered. But new regulations will allow smaller financial institutions to freely trade on the Shanghai Gold Exchange and internationally. The liberalized trading rules will eventually give hundreds of millions of Chinese citizens new access to gold-linked investment products. And this creates the perfect scenario for gold’s price to finally soar over its inflation-adjusted record high of $2,500 an ounce. China’s gold market liberalization sends a strong demand signal and it’s very positive for the price of gold. It is a structural demand shift which must result in higher gold prices as the global equation has changed now significantly with more gold consumers and investors. – LGT Capital Management , voted “Private Equity Manager of the Year” 2007-2009 The international gold market is now paying a lot more attention to China’s gold demand, not just from an official reserve asset perspective, but also private demand. Behind India, China is the second-largest physical consumer. Therefore any step to integrate, liberalize, and expand this market should, in time, foster a rising appetite for gold. – UBS , the world’s second largest manager of private wealth assets. The demand for gold in China has already increased during the first half of this year as concerns over the global economic recovery spurred investment. China National Gold Group Corp., the country’s largest state-owned gold producer, even reported a 40%…

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European Revolution by December?

European Revolution by December?

The problem with revelations is that they always come when you least expect them. I was in Athens this past weekend— on vacation, against all odds, and not on business. I did the tourist thing: went to the Acropolis; checked out the national museum; found the most out-of-the-way restaurant I could and tried (in vain) to order in Greek. It was the last leg of voyage that I’d been waiting for— that I’d needed — for quite some time. But, as usual, the shadow of work was following me. Even when I intentionally isolated myself from my e-mail accounts and my Blackberry, my professional mind just couldn’t ignore the signs. Between the closed shops and the graffiti that was, quite literally, providing the writing on the walls, clues about Europe’s economic future were impossible to ignore. Of course, it wasn’t anything I didn’t know already… Anybody with a pulse has been hearing about Europe’s financial woes for much of the last year. Between the trillion-dollar bailout, the multitude of bank failures, skyrocketing inflation, and the euro’s collapse, the world’s second biggest economy is a giant on life support. And now, it seems its citizens themselves are getting ready to pull the plug. This particular revelation happened in the final hours of my trip. We were on the way to the airport, riding in a Skoda Taxi driven by Andreas, a mid-thirties native Greek who had once owned his own residential contracting company. His English was a bit spotty, but he had no problem at all expressing himself when it came to his life, and where he saw it going if things didn’t change soon. “Foreigners can come in and buy the land as much as they want. It has never been as popular,” he said after I reflexively mentioned the idea of vacation property in the Greek Isles. “But I cannot make my payments. My business is gone… My money is gone.” With three times the average inflation rate of the Eurozone, and with an annual budget deficit of 13.4%, Andreas’s pains were easy to understand. But at least he had a job, which is much more than 12% (a 10-year high for Greece) of the population can say. I knew these numbers almost by heart, but it wasn’t until he delivered his next statement that I realized what this meant, on a personal level, to …

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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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