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April 4, 2021

Happy Easter!

Sunday, April 4, 2021

It’s Easter Sunday, Resurrection Day, a day that should give everyone hope because it was on this day over 2,000 years ago when Jesus rose from the dead – the most incredible comeback and the greatest victory mankind has ever witnessed! An irrefutable fact of history, the Resurrection is what underpins the Christian faith and makes it unique – it’s why Jesus is indeed the way, the truth and the life. And the same Spirit who allowed Him to conquer death can dwell in each of us, if we so choose.

This is a message of hope for everyone this morning, particularly as a pandemic rages on and in-person church services in some parts of Canada aren’t even permitted.

Easter From An Investor’s Perspective

As exciting as it has been to see some of our favorite stocks explode to the upside, or as gut-wrenching as it was to experience an event like the Corona Crash, as investors we should never let money or our stock portfolios control our lives or rob us of our joy. Yes, easier said than done, but that’s one reason God has provided a Helper for each of us.

True happiness – peace and lasting joy – can’t come through being in open rebellion against God. It can only be found by knowing and serving Him through His Son, Jesus Christ, who suffered and died on the cross at Calvary and rose from the dead 3 days later on this day (Easter Sunday). He is risen, indeed. This is why we celebrate Easter. This day is not about the Easter bunny or chocolates or Easter egg hunts or enjoying a day off work. It’s about Jesus and what He did on the cross. He suffered and died for us, out of His love and mercy for us, and actually conquered death. That is so powerful and should give hope to us all. Think about it. He also modeled the values, including humility, that He wants each of us to embrace for our own good and to help improve the lives of others around us.

Nothing is more important in our view than one’s relationship with God through Jesus. He is the Creator of all things, including every mineral and every deposit we write about here at BMR. 

It’s the dream of anyone involved in the markets to own something that turns into a life changing investment, and for some that dream has come true over the past year. But even something as amazing as that doesn’t compare to the discovery that really matters – one’s discovery of Jesus. True riches are found in the Savior. He changes lives and gives everlasting life to all those who come to know Him.

He has also provided us, through His precious Word, all the guidance we need for our daily lives, including of course how we should approach the handling of money, investment matters and relationships – business and personal. With Jesus, all things are possible as Scripture repeatedly states, not matter what challenges one is facing.

This special day is a great opportunity for each of us to put some time aside and reflect on what Easter Sunday is really all about and why we celebrate it.  And draw closer to God in the process.  Each of us is very imperfect, but as sinners we have redemption through the precious blood of Jesus.

John 20:29:  “Jesus saith unto him, Thomas, because thou hast seen me, thou hast believed: blessed are they that have not seen, and yet have believed.”

From our families to yours, have a joyous Easter Sunday.


  1. Thanks for this Jon. And Happy Easter to you and your family. He is Risen, Jesus is Risen, having conquered death on our behalf because He loves us. We should all be grounded through our successes and through the pain of loss and the only true way to be grounded as an investor is to know why. Jesus Christ gives us the answer. God Bless.

    Comment by Buffalo77 — April 4, 2021 @ 8:17 am

  2. Well said Jon. So true. The resurrection of Jesus brings true hope and meaning to my life. Happy Easter to all.

    Comment by Bryan — April 4, 2021 @ 1:42 pm

  3. Christ is Risen!

    Comment by schiffwasright — April 4, 2021 @ 11:07 pm

  4. Berry Zone coming together nicely for MOZ…


    Marathon Gold Corp. has provided results from the latest drill holes completed under the 2021 exploration program at the Valentine gold project, central Newfoundland. These latest results represent fire assay data from fifteen drill holes located within the 1.5 kilometre long Berry Zone. Highlights include:

    – VL-21-973 intersected 1.84 g/t Au over 45 metres including 24.18 g/t Au over 2 metres, and 5.46 g/t Au over 6 metres including 26.48 g/t Au over 1 metre, and 3.45 g/t Au over 9 metres including 17.79 g/t Au over 1 metre;

    – VL-21-965 intersected 2.57 g/t Au over 20 metres including 16.65 g/t Au over 2 metres, and 20.68 g/t Au over 3 metres including 55.87 g/t Au over 1 metre, and 12.52 g/t Au over 2 metres including 24.48 g/t Au over 1 metre;

    – VL-21-971 intersected 1.22 g/t Au over 27 metres including 12.73 g/t Au over 1 metre;

    – VL-21-968 intersected 6.97 g/t Au over 5 metres including 26.09 g/t Au over 1 metre, and 1.60 g/t Au over 14 metres including 11.23 g/t Au over 1 metre;

    – VL-21-969 intersected 2.30 g/t Au over 6 metres, and 1.68 g/t Au over 8 metres, and 0.97 g/t Au over 10 metres; and

    – VL-21-962 intersected 18.26 g/t Au over 1 metre, and 1.72 g/t Au over 8 metres;

    All quoted intersections comprise uncut gold assays in core lengths.

    Matt Manson, President & CEO commented: “These fifteen holes released today represent the second batch of drill results from this year’s $10.5 million exploration program at the Valentine Gold Project. Each of these holes is from the 1.5 kilometre long Berry Zone, and represent infill drill holes both close to the main contact at the Valentine Lake Shear Zone and further out into the hanging-wall rocks where mineralization is expected to become more intermittent. The results continue to demonstrate a large gold mineralizing system at Berry. The first mineral resource estimate at Berry based on 42,000 metres of drilling completed to the end of 2020 is currently being finalized and is expected to be released shortly. A total of 13,695 metres of drilling in 51 drill holes was completed with three rigs at the Valentine Gold Project prior to our annual spring shutdown on March 25th. The next batch of results from these drill holes is expected to be released very shortly. Drilling with our Newfoundland-based exploration team is scheduled to resume in mid-May and continue through to the end of the year.”

    Gold mineralization at the Valentine Gold Project is contained predominantly within shallowly southwest dipping, en-echelon stacked Quartz-Tourmaline-Pyrite-Gold (“QTP-Au”) veins. At the Leprechaun and Marathon Deposits, as well as at the new Berry Zone, these QTP-Au veins form densely stacked and northwest plunging “Main Zone” envelopes within intrusive host rocks on the hanging wall (northwest) side of the Valentine Lake Shear Zone (“VLSZ”). The extent of mineralization appears related to the size and frequency of sheared mafic dykes which extend northeast-southwest within the hanging wall, parallel to the shear zone. Exploration drilling is generally undertaken in two orientations: down steeply towards the northwest at a high angle to the individual veins and down-plunge of the Main Zone stacking, or obliquely towards the southeast at a low angle of incidence to the individual veins and across the strike of Main Zone mineralization.

    The results released today are derived from nine drillholes located between sections 13615E and 14000E at the western end of the Berry Zone and six drillholes in the Frozen Ear Pond Road area between sections 14780E and 14860E (Figures 2 and 3).

    Eleven of the fifteen holes were oriented to the southeast from the hanging wall toward the footwall contact (VL-21-960, 961, 962, 963, 964, 966, 967, 970, 971, 972 and 974). The majority of these holes were set back further into the hanging-wall rocks than previously drilled, so as to intersect the footwall contact at a greater depth. The remaining four holes were oriented steeply down to the northwest testing for Main Zone type stacked QTP-Au mineralization close to the Valentine Lake Shear Zone (VL-21-965, 968, 969 and 973).

    Comment by Jon - BMR — April 6, 2021 @ 6:41 am

  5. High-grade values from stream sampling for NLR, outlines multi-km-long trend at Secret Pass as drilling gets set to begin…historic intercepts include 220 ft. (70 m) @ ~8 g/t (0.25 oz/ton) including 21 m @ ~16 g/t Au at Tin Cup, so plenty of potential around these parts


    Northern Lights Resources Corp. has provided the results from a stream sampling program at Secret Pass gold project in Mohave county, Arizona.

    NLR April 6 NR

    Northern Lights completed a property-wide stream sampling program comprising 196 stream sediment and 196 panned concentrate samples. With reference to Figures 1 and 2, the anomalous assays define 3 areas centred on the Fiery Squid, Tin Cup, and Lion’s Paw prospects. In total, 35 samples returned assay gold grades above 0.2 g/t, including assays of 30.6 g/t and 6.7 g/t collected downstream from the Tentacles and Fiery Squid prospects. Drilling is planned to commence immediately at Tentacles and Fiery Squid.

    CEO Jason Bahnsen, commented "The sampling results highlight the excellent gold potential at the Secret Pass Project. Assay results are strongly anomalous, with individual panned concentrate samples with gold grades of up to 30.6 g/t. We are preparing the drill access roads at Fiery Squid and the Tentacles prospects with the drilling contractor currently mobilizing equipment to the project site."

    As illustrated on Figures 1 and 2, the sample assays define three anomalous areas which exhibit a good correlation between stream sediment and panned concentrate assays. Anomaly A displays a close association with the Frisco Mine Fault and can be traced along a northwest trend for approximately 2,000 meters. The area is underlain by strongly altered andesite volcanics and includes the Tin Cup and FM gold prospects. Anomaly B is located downstream from an area of intense sericite-quartz-FeOx alteration and is associated with a rhyolitic dyke swarm intruding andesite volcanics. The anomalous area measures 700 x 800 meters and includes The Fiery Squid and Tentacles prospects. Anomaly C covers an area of extensive shafts and adits and includes Lion's Paw, Travertine Gulch, Fluorspar Ridge, and Second Shaft prospects. The underlying geology and alteration is similar to the Fiery Squid and Tentacles prospects and comprises an area of 600 x 700 meters.

    All samples were collected by Mr. Paul Q. Warren (CPG, QP), who maintained the chain of custody until delivery of the samples to ALS Laboratory in Tuscon, Arizona ("ALS") and MS Analytical Laboratories in Vancouver, Canada ("MSA"). ALS and MSA are accredited to the ISO 9001 standard for gold assays, and all analytical methods include quality control materials at set frequencies with established data acceptance criteria.

    Quality Control and Quality Assurance (QA/QC) measures for this sampling program were internally implemented by MS Laboratories and included blanks, duplicates, and OREAS standards 24b, 601.

    The 196 pan concentrate samples were prepared by pulverizing 250-gram samples to 85% passing <75 um. The 196 stream sediment samples sieved 200 um. Analysis for gold, platinum, and palladium was completed using a 30-gram fire assay fusion with ICP-ES finish (FAS 111) with a lower limit of 2 parts per billion for gold and an upper limit of 10,000 ppb. Samples with gold assays greater than 10,000 ppb are reanalyzed using a 50-gram fire assay fusion with a gravimetric finish. All samples also were analyzed using a 36-multi elemental geochemical package (AQ300). Sample splits of 0.5 g were leached in hot Aqua Regia and analyzed by ICP-ES with analytical results reported in ppm and ppb levels.

    The scientific and technical data contained in this news release was reviewed and approved by Gary Artmont (Fellow Member AUSIMM #312718), Head of Geology and qualified person to Northern Lights Resources, who is responsible for ensuring that the geologic information provided in this news release is accurate and who acts as a "qualified person" under National Instrument 43-101 Standards of Disclosure for Mineral Projects.

    About Northern Lights Resources Corp.

    Northern Lights Resources Corp is a growth-oriented exploration and development company that is advancing two projects: The 100% owned Secret Pass Gold Project located in Arizona; and the Medicine Springs silver-zinc-lead Project located in Elko County, Nevada, where Northern Lights, in joint venture with Reyna Silver are earning 100% ownership.

    Comment by Jon - BMR — April 6, 2021 @ 6:49 am


    Fortress Technologies Inc. has launched a new ESG-conscious (environmental, social and governance) bitcoin mining venture with Great American Mining (GAM), thereby increasing its existing bitcoin production and positioning the company for further growth and investments in bitcoin mining and greenhouse gas emissions reduction and offset markets.

    In the past spring, Fortress decided to allocate balance sheet capital to bitcoin, recognizing the need to diversify its treasury assets. This move was made months before other more famous investors and publicly traded companies made a similar decision.

    In the fall of 2020, Fortress initiated an internal project to seek out opportunities that could grow the company’s bitcoin mining operations. What concerned the company’s board was the increasing resistance from society to the environmental footprint associated with the bitcoin mining sector, and consequently the company sought an alternative method while also pursuing other ESG-related investment opportunities. The company believed the future of institutional-backed bitcoin mining would be environmentally conscious and initiated a rigorous research process into various existing and developmental applications.

    Ultimately, the company’s research led it to a specific company, Great American Mining, which was profitably mining bitcoin by utilizing an environmentally conscious and greenhouse-gas-reducing approach. Great American Mining’s novel technology captures methane waste gas, a greenhouse gas emitted during the extraction of many hydrocarbon resources and many times more potent than CO2 (carbon dioxide) emissions, and converts the stranded waste gas into a productive energy source for bitcoin mining. Great American Mining’s operations thereby capture and reduce the emissions of this potent greenhouse gas, while also producing bitcoin at a price per kilowatt-hour well below the all-in rates for on-grid miners. The company was impressed both with Great American Mining’s mission and execution, believing this innovation was precisely what was needed to advance bitcoin mining into a more ESG-compliant asset class for institutional investors. Consequently, the company has partnered with the Great American Mining team to scale its overall hash power and bitcoin mining operations utilizing GAM’s continuing operating partnerships.

    Great American Mining is unique in having a team with both the skill and experience to execute large-scale deployments of the type the company is envisaging, while also being co-led by a well-respected and trusted thought leader in the bitcoin sector, Marty Bent. While many have marvelled at the prospect of environmentally conscious bitcoin mining, Great American Mining has successfully executed and built out the gas conversion and electrical infrastructure along with active PDUs (power distribution units) and software necessary to control a decentralized network of mining nodes throughout hydrocarbon-rich fields. Furthermore, Great American Mining’s strategic focus on off-grid energy generation as part of the long-term viability of its business is another reason why the company is excited to partner with it. Mining off grid significantly decreases operational risk over time as demand for on-grid power purchase agreements from bitcoin miners and other energy consumers gets more competitive.

    Furthermore, this presents an immense opportunity in scale for the company to pursue, as all of the vented/flared gas in the United States converted to electrical power would yield approximately 7.4 gigawatts, which in turn represents about 50 to 70 per cent of the total power converted by the bitcoin network currently.

    Operational deployment schedule

    Fortress has advanced GAM an initial sum to purchase preordered mining equipment and begin hashing as early as May. It intends to deploy as much as $15-million with Great American Mining and believes it can increase the company’s hash power from 19.5 petahashes per second to approximately 180 PH/s within three to four months.

    “Through my experience as the co-founder of Bitfarms, one of the largest and most successful bitcoin mining companies in the world, I have come to appreciate that institutional investors would like to deploy capital into bitcoin but not at all costs. The single-biggest hurdle for these investors appears to be the environmental footprint caused by conventional bitcoin mining. I believe the future of bitcoin mining will need to be environmentally conscious, seeking out stranded energy sources and repurposing waste and emitted gases to productively secure the bitcoin blockchain, and that both investors as well as the bitcoin mining community will place a premium on companies who pursue this kind of forward-thinking activity. I believe the team at Great American Mining exhibits the right qualities, having the execution capabilities as well as the passion to succeed. We are honoured to be partnering with them in this venture. With this transaction, Fortress formally enters the field as a well-capitalized publicly traded company mining bitcoin while doing well by nature. This theme of doing well by nature, improving the quality of our planet and our soil, and reducing the global carbon footprint indeed will become a mission statement for Fortress and part of our business activity going forward,” said Roy Sebag, chairman of Fortress Technologies.

    About Fortress Technologies Inc.

    Fortress Technologies is a well-capitalized company operating a cryptocurrency mining business and is currently evaluating emerging opportunities in technology sectors. Fortress is focused on developing projects where access to growth capital is highly valued.

    Comment by Jon - BMR — April 6, 2021 @ 6:56 am

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