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Check back later today for Daniel’s Den and visit the BMR comments section throughout the day for updates and helpful information!

1. Gold has traded between $1,217 and $1,227 so far today…as of 7:00 am Pacific, bullion is up $3 an ounce at $1,225…Silver is 13 cents higher at $15.48…Copper, Nickel and Zinc are flat at $2.84, $6.19 and $1.19, respectively…Cobalt remains steady at $31.75…Crude Oil has retreated 25 cents a barrel to $69.36 while the U.S. Dollar Index is relatively unchanged at 94.70…after a strong recent run, Bitcoin corrected this morning, falling back below $8,000 (U.S.), after the U.S. Securities and Exchange Commission denied an application for what would have been the first-ever Bitcoin ETF…this had been the second attempt by Cameron and Tyler Winklevoss, founders of crypto exchange Gemini, to list a cryptocurrency ETF on a regulated exchange…the U.S. financial watchdog remains concerned with issues around security, market manipulation and investor protection…

2. Jim Wyckoff, Kitco’s astute Gold analyst, made a very valid point with these comments:  “There’s an old trading adage that says when the major, mainstream business media finally catches wind of a major market move and then reports on it, that market move has then very likely run its course.  Thursday, a Barron’s report on Dow Jones Newswires entitled ‘Gold Could Be in a Prolonged Tailspin’ suggested the yellow metal’s price will not recover any time soon.  In fact, the Barron’s reporter even suggested investors sell (go short) December Comex Gold futures, or even sell call options on SPDR Gold Shares.  Boy howdy, when a news reporter starts doling out trading advice to sell Gold, it’s an even better bet that trade won’t pan out.  So on a day when Gold prices were down again and are hovering near 12-month lows, the bearish proclamation and selling advice from Barron’s is a classic case of a market whose price trend is about to change”…

3. The U.S. economy grew at the strongest pace in nearly 4 years during Q2, powered by a rebound in consumer spending, exports and firm business investment…GDP – the value of all goods and services produced across the economy – rose at a seasonally-adjusted and inflation-adjusted annual rate of 4.1% from April through June, in line with expectations…that was a pickup from the revised Q1 growth rate of 2.2%…the Q2 growth reading was the strongest since the 4.9% annual rate reported for the 3rd quarter of 2014…The robust report will keep the Federal Reserve on its current path of gradually raising short-term interest rates to prevent the economy from overheating…central bank officials have raised rates twice this year, and penciled in two further increases this year and 3 in 2019…

4. Just a day after the Facebook Follies, Wall Street was  stunned over Amazon’s impressive June quarter earnings results released last night…analysts say they are growing more confident in Amazon due to its increasing ability to generate more profits from its key opportunities…the e-commerce juggernaut says it generated Q2 earnings per share of $5.07, crushing the $2.50 Thomson Reuters consensus…operating profit margin came in at 5.6% vs. the 3.2% that was forecast…Goldman Sachs reiterated its buy rating for Amazon shares, citing the company’s rising profit margin.  “Amazon reported 2Q profitability well above consensus forecasts, with operating income margin expanding 400bps yoy driven by AWS, advertising, and fulfillment efficiencies.  Guidance for 3Q operating income was also meaningfully above consensus forecasts.  We continue to believe that we are in the sweet spot between Amazon investment cycles where new fulfillment/data centers are driving accelerating growth while incremental capacity utilization and efficiency is driving margin expansion”…

5. Facebook (FB, NASDAQ) yesterday posted the largest 1-day loss in market value by any company in U.S. stock market history after releasing a disappointing quarterly report and scaling back projections…the social media giant’s market cap plummeted by $119 billion to $510 billion as its stock price tanked nearly 20%…no company in the history of the U.S. stock market has ever lost $100 billion in market value in just 1 day, but two came close…on September 22, 2000, Intel shed $90.7 billion in market value as the dot-com bubble burst…earlier that year, Microsoft lost $80 billion from its market cap in just 1 day…other companies that have experienced similar 1-day losses in dollar amount include Apple in 2013, when it lost $59.6 billion, and Exxon Mobil in 2008, when it lost $52.5 billion…bottom line is, they all recovered, and Facebook will, too…

6. The Dow is up 7 points through the first 30 minutes of trading…Twitter (TWTR, NYSE) shares have done a Facebook, plunging nearly 20% after the social media platform revealed that the number of its monthly active users fell in the 2nd quarter…the TSX is 17 points higher as of 7:00 am Pacific…Barrick Gold (ABX, TSX) was a drag on the TSX Gold Index yesterday after falling more than 6% on the heels of weaker-than-expected financial results…Goldcorp also took a hit yesterday after it posted a $131 million net loss in Q2, while Agnico Eagle’s (AEM, TSX) quarterly loss also fell short of estimates…Barrick has lost one-fifth of its market value this year, materially underperforming both Agnico and Goldcorp…the Venture is up 2 points at 707 as it continues to hover around the top of a strong support band…

7. Teck Resources (TECK.B, TSX) has boosted its production forecasts for Copper, Zinc and Oil as the diversified miner posted market-beating profits on the back of higher prices for several commodities…flush with $2.9 billion in cash and $7 billion in liquidity, Teck is in “great shape” to finance growth, said CEO Don Lindsay, including Chilean developments like the $4.8 billion Quebrada Blanca Phase 2 Project and the $3.5 billion NuevaUnion Project…with its new Galore Creek Project partner, Newmont Mining, Teck plans to update a prefeasibilty study in 3 to 4 years…Newmont agreed to pay $275 million to NovaGold Resources for its 50% stake in the Copper-Gold project…asked on a conference call whether Oil remains a core business, Linsday said that if the value of its stake in the Fort Hill Oil sands is inadequately reflected in its stock in 2020 or 2021, when operations are well established, he would consider a spinout, sale or partnership…also, Teck appointed outsider Dominic Barton as as its new chairman, replacing Norman Keevil…Teck has shown great support in the low $30’s in recent months and is off 33 cents at $33.84 in early trading today…

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1. Gold has traded in a narrow range between $1,226 and $1,232 so far today…as of 7:00 am Pacific, bullion is down $7 an ounce at $1,226…Silver has lost 12 cents to $15.47…Copper, Nickel and Zinc are all relatively unchanged at $2.83, $6.13 and $1.19, respectively…Cobalt is holding steady at $31.75…Crude Oil is off slightly at $69.18 while the U.S. Dollar Index has jumped nearly half a point to 94.58…the European Central Bank’s Governing Council left interest rates unchanged today and did not alter plans to start scaling back its quantitative-easing program in autumn…“The Governing Council expects the key ECB interest rates to remain at their present levels at least through the summer of 2019, and in any case for as long as necessary to ensure the continued sustained convergence of inflation to levels that are below, but close to, 2% over the medium term,” said a policy statement from the ECB…

2. World stocks hit new 4-month highs today after the United States and the European Union agreed to negotiate on trade, easing overblown fears of a transatlantic trade war…President Trump said Washington and the European Union had launched a “new phase” in their relationship, saying the two major economies would start negotiations immediately on a number of areas that include working toward “zero tariffs” on industrial goods, and further cooperation on energy issues…“We agreed today, first of all, to work together towards zero tariffs, zero non-tariff barriers and zero subsidies for the non-auto industrial goods,” Trump said at a joint press conference in the White House Rose Garden with European Commission President Jean-Claude Juncker…

3. Wall Street got an unexpected nasty surprise late yesterday over Facebook’s (FB, NASDAQ) lower profit margin guidance, driving some firms to lower their ratings on the social media giant’s shares and slash their price targets…the company yesterday reported slightly lower-than-expected Q2 sales and daily active user numbers…the bigger disappointment, though, was its guidance for slower sales growth for the 3rd and 4th quarters and a dramatically reduced forecast for long-term profit margins…about 20 minutes into a conference call, after rather upbeat comments from CEO Mark Zuckerberg and COO Sheryl Sandberg, Chief Financial Officer Dave Wehner addressed analysts and dropped one bombshell after another, rattling investors and raising red flags about whether Facebook’s powerful moneymaking machine is starting to sputter…the stock has plunged nearly 20% in early trading…

4. The Dow has jumped 138 points through the first 30 minutes of trading as easing trade fears have encouraged investors…contrarians may like this – more than $20 billion was pulled from long-term mutual funds and ETFs focused on U.S. stocks in June, capping the 3rd-worst first half for equity flows over the past 10 years, according to data provider Morningstar LLC…the trend doesn’t appear to be slowing as investors redeemed more than $11.6 billion from domestic stock funds in the 3 weeks ended July 18, according to the Investment Company Institute…Amazon is expected to show much bigger profits ($2.50 per share vs. 40 cents per share reported a year earlier), backed by the continued growth of its higher-margin businesses like cloud, advertising and third-party marketplace, when it reports Q2 earnings this evening…in Toronto, the TSX is off 7 points while the Venture has slipped 2 points to 705…Sokoman Iron (SIC, TSX-V), this week’s volume leader and price gainer, is up another half penny at 16 cents through the first 30 minutes of trading…

5. Canada Cobalt (CCW, TSX-V), on the cusp of officially becoming the first company in Canada’s premier Cobalt Camp during this “battery arms race” to produce a Cobalt sulphate product, is completing its pilot plant assembly at the Castle mine ahead of schedule as announced last night…mineralized material from the first level of the mine is now being crushed, while gravity and screen equipment is expected to be operational in the coming days…meanwhile, 25 underground drill holes have been completed to date (initial results pending) with underground drilling now planned to extend through the balance of 2018…the company also closed a private placement for just under $1.5 million at 65 cents per share…

6. A big development for Northwest British Columbia’s mining and exploration sector – Newmont Mining (NEM, NYSE) announced agreements this morning to acquire a 50% interest in the Galore Creek Partnership (GCP) from NOVAGOLD Resources (NG, TSX, NYSE) and to form a partnership with Teck Resources which owns the remaining stake…Galore Creek, immediately north of the Eskay Camp, is one of the largest undeveloped Copper-Gold projects with resources previously reported by Teck of 8 million ounces of Gold and 9 billion pounds of Copper…the NOVAGOLD agreement encompasses a staged and contingent investment of $275 million, with an initial payment of $100 million; a payment of $75 million on the earlier of prefeasibility study completion or 3 years from closing; and a payment of $25 million on the earlier of completing a feasibility Study or five years from closing…a final $75 million payment would be contingent on a final decision to develop the project.  “Galore Creek holds the potential to support decades of profitable Copper and Gold production in a favorable mining jurisdiction, in line with our strategy to create long-term value for our stakeholders,” stated Gary Goldberg, Newmont President and CEO.  “Partnering with Teck allows us to bring both organizations’ considerable technical, financial and sustainability strengths to bear in evaluating and refining development plans for Galore Creek, and to build on the strong relationships Teck has established with the Tahltan First Nation and British Columbia”…Newmont and Teck will define the scope, budget, and timeline for prefeasibility studies over the next several months and expect the prefeasibility studies to be completed over 3 to 4 years with an annual budget of $10 million to $15 million (50% basis)…over the last 5 years, Newmont has built 9 new mines and expansions on 4 continents – on or ahead of schedule and at or below budget…

7. Marathon Gold (MOZ, TSX) has cut impressive high-grade Gold mineralization at depth within the main corridor of the Marathon deposit in central Newfoundland…MA-18–295 was successful at intersecting a wide interval of high-grade Gold in en echelon stacked QTP veining that returned 7.97 g/t Au over 69 m, including 3 separate high-grade sections – 48.1 g/t Au over 2 m (437 m to 439 m), 27.8 g/t over 1.0 m (477 m to 478 m), and 57.7 g/t over 5 m (489 m to 494 m)…this drill hole was part of the current continuing infill drilling program at the Marathon deposit designed to upgrade Inferred material into the Measured and Indicated category…2 rigs are turning around the clock…MOZ is up 3 pennies at 88 cents as of 7:00 am Pacific..

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1. Gold has traded between $1,223 and $1,235 so far today…as of 7:00 am Pacific, bullion is up $7 an ounce at $1,231…Silver has added 12 cents to $15.55…Copper is flat at $2.84…Copper miner Antofagasta today reported a 6.1% increase in Q2 Copper production and a fall in costs, a trend the miner said would continue for the rest of the year…Nickel is up slightly at $6.14 while Zinc is off a penny at $1.19…Cobalt is holding steady at $31.75…Crude Oil has gained 26 cents a barrel to $68.78 while the U.S. Dollar Index is hovering around 94.50, relatively unchanged…President Trump, trying to fix a trade imbalance with the EU, meets with EU trade chief Jean-Claude Juncker at the White House later this morning…one area of contention is the 10% European tax on U.S. cars, compared to the 2.5% duty the U.S. applies on European cars…Brussels argues that while this is true for cars, it is not the same for trucks, lorries and other items such as shoes and clothes…

2. Crude Oil continues to firm on the back of data showing that U.S. inventories declined more than estimated in the week ending July 20…the latest bounce reflects broadly upbeat investor sentiment…government data this morning showed U.S. Crude inventories fell to the lowest since February 2015…overall, Crude inventories tumbled by 6.1 million barrels, EIA data showed, much more than the anticipated decrease of 2.3 million barrels…prices have also been buoyed this week in part by escalating tensions between the U.S. and Iran…

3. The world’s top Gold-producing nation posted a drop in output during the 1st half of the year as miners feel the effects of tighter environmental regulations, according to the latest data from the China Gold Association…in a report released today, the CGA said that China produced just over 190 tonnes of Gold from January to June, a drop of 7.9% compared to the 1st half of 2017…China is well on its way to its 2nd consecutive annual decline in Gold output…last year the nation produced 426 tonnes, a fall of 6% from the previous year, which was the first decline in nearly 2 decades…the report attributed the decline in Gold production to the government’s environmental crackdown on illegal mining, including withdrawal of mining rights in natural reserves…government changes to mining rights transfers and royalty payments also led Gold producers to curtail production, the report said..while China’s domestic Gold production dropped in the first 6 months of the year, the CGA said that demand saw a modest 0.3% increase, totaling 541 tonnes…many analysts have been watching the Chinese government’s growing focus on environmental issues…many have noted that stronger environmental regulations have led to a significant drop in global production in base metals like Zinc and Copper…

4. The Dow has retreated 52 points through the first 30 minutes of trading…nearly 30% of S&P 500 companies have reported quarterly results thus far…of those companies, 82.6% have reported better-than-expected earnings, according to FactSet…in Toronto, the TSX has slipped 18 points as of 7:00 am Pacific while the Venture is up a point at 708…Sokoman Iron (SIC, TSX-V), yesterday’s volume leader and price gainer, is up another 3 pennies at 14.5 cents through the first 30 minutes of trading…the company reported impressive high-grade Gold assays yesterday, including 386 g/t Au over 1.35 m within a broader interval of 11.9 m grading 45 g/t, from the first 3 holes of a recently completed 15-hole program at its Moosehead Project in Newfoundland…results from 12 more holes are pending but the next round of drilling is not expected to begin until the early fall…meanwhile, Tasca Resources (TAC, TSX-V) announced this morning that it has acquired the Beaverhead claims that are contiguous to Moosehead…the newly acquired property is 2.5 km long x 1.5 km wide, contiguous to the northwest of Sokoman’s project…Havilah Mining (HMC, TSX-V) has commenced trading on the Venture this morning, opening at 60 cents…HMC is a newly-listed company formed from the spin-out of the Canadian operations of Klondex Mines (KDX, TSX) including the True North mine and mill complex in Bissett, Manitoba…the U.S. operations of Klondex were officially acquired by Hecla Mining Company less than a week ago…Havilah issued 22.8 million common shares to the former Klondex shareholders, and Hecla has subscribed for an additional 3.5 million common shares to bring the total shares outstanding to 26.3 million…

5. A.I.S. Resources (AIS, TSX-V) are MGX Minerals (XMG, CSE) are suddenly doing business together, which is interesting…AIS announced this morning that it has entered into an option agreement to acquire 5 Lithium brine mining tenements (“Salitinas”) in the Salinas Grandes Salar in Salta province, Argentina, and has immediately turned around and optioned that 43 sq. km property package to MGX…Salitinas is in the Puna region of northwest Argentina, in an area renowned for its Lithium and potassium-rich brine resources…to secure the option agreement, MGX has agreed to pay $250,000 (U.S.) to AIS by the end of this month…the company can acquire an undivided 80% interest in the project at any time during the agreement by making payments totalling $3.2 million (U.S)…MGX has also agreed to incur total expenditures of at least $1.2 million (U.S.) prior to May 31, 2020…MGX plans to conduct a transient electromagnetic method (TEM) geophysical study along with trenching, which will be followed by a drill program along the edge of the salar, to test for shallow, near-surface brines and determine locations with anomalous concentrations of Lithium…

6. Copper’s slump amid global trade tensions offers a long-term buying opportunity, according to Citigroup which has shrugged off fears regarding world growth to boost its long-term forecasts…“Prepare for a decade of Dr. Copper on steroids,” analysts including Max Layton and Tracy Liao wrote in a recent note…the bank sees average annual prices at $8,000 (U.S.) a metric ton in 2022, passing $9,000 a ton by 2028 under its baseline scenario…“We look beyond the potential trade war to longer-term Copper market fundamentals and we find that current prices of around $6,000 a ton are nowhere near high enough to enable the market to clear,” the analysts said…“Copper is set to outperform most other commodities under our coverage over the coming decade on a lack of mine supply growth”…the bullish outlook chimes with other analysts and miners who see a supply shortage looming as urbanization and the rise of renewable energy and electric vehicles fuels the world’s need for the metal…demand can keep growing at an average of 2.7% a year through 2030, with new energy sectors and EV’s contributing most of the increase, according to Bloomberg Intelligence…the market is entering a long period of deficits starting this year, Citigroup said…

7. No surprise – the federal government has failed to find a private sector buyer for the Trans Mountain pipeline before the July 22 deadline and is set to become the official owner of the project…Kinder Morgan will now take Ottawa’s $4.5 billion offer to purchase the project to its shareholders…pending their approval, the sale, which includes the existing pipeline, the pumping stations and rights of way, and the Westridge marine terminal in Burnaby, will close sometime in August or September…at the time of its taxpayer-funded buyout at the end of May, the federal Liberal government stated: “The Government of Canada has reached an agreement with Kinder Morgan to immediately restart construction…(We) will guarantee financing for the 2018 summer construction season…this guarantee will ensure that construction work on the project is restarted without delay”…more Liberal deception and incompetence…on Wednesday, in a conference call with investors, Kinder Morgan Canada explained it had spent about $1.25 billion on its Trans Mountain Expansion Project before the federal government bought the pipeline in late May…and how much has been spent on the pipeline since the Liberal government took over?…just $41 million…something similar has been going on with construction permits…in June, the feds revealed about 1,100 permits would be needed during the construction phase…the number applied for before federal purchase: just over 700…the number applied for since the Trudeau Liberals bought Trans Mountain: 1…the urgent goal, the Liberals claimed, was to take full advantage of this year’s weather-window and build, build, build…Finance Minister Bill Morneau even promised construction was “going to start this week”, meaning the first week of June…the Liberals reek of incompetence on the energy file, scaring off the private sector which explains why they’ve had to nationalize a pipeline…and this is the same government Canadians trust to complete a trade deal with the United States?…

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1. Gold has traded between $1,217 and $1,230 so far today…as of 7:00 am Pacific, bullion is up $4 an ounce at $1,228…Silver has added 21 cents to $15.55…base metals are strengthening on positive news out of China…Copper has firmed up 8 cents to $2.83, Nickel is also 8 cents higher at $6.11 while Zinc has gained 3 pennies to $1.20…Cobalt is steady at $31.75…Crude Oil has added 42 cents to $68.31 while the U.S. Dollar Index is off one-fifth of a point at 94.49…while not mentioning the upcoming Q2 GDP report from the Bureau of Economic Analysis, President Trump reminded investors in a tweet this morning that the U.S. economy is powering along…“Our Country is doing GREAT. Best financial numbers on the Planet. Great to have USA WINNING AGAIN!”…CNBC’s Rapid Update tracker of economic forecasts projects GDP to rise 4.2% in the quarter, while the Atlanta Fed’s GDPMNow is putting the number at 4.5%…how’s Justin Trudeau’s “inclusive” economy doing?…

2. Holdings of Gold by global ETFs posted their biggest inflow in weeks yesterday, according to Commerzbank…holdings have been declining lately along with the price of Gold…however, “The Gold ETFs tracked by Bloomberg saw inflows of 5.4 tonnes yesterday – their highest daily inflow in many weeks,” Commerzbank stated…“Clearly bargain hunters were lured in by the low price.  Whether this will prove sustainable will only become apparent in the next few days, however.  After all, the lion’s share of inflows were attributable to the SPDR Gold Trust in the U.S., which was also chiefly responsible for the pronounced outflows in the weeks before”…holdings of SPDR Gold Trust hit their highest level yesterday in over 2 weeks…

3. Bitcoin broke the $8,000 level (U.S.) for the first time in 2 months this morning as a move based on both technical and fundamental factors accelerates…the world’s largest cryptocurrency urged as high as $8,342 and was up more than 7% in the last 24 hours, according to industry website CoinDesk, which tracks a number of exchanges…the last time Bitcoin traded above that key level was May 23…the digital currency is up more than 20% in the past week, mostly buoyed by reports of institutional investor interest…institutions are starting to get serious about Bitcoin, and speculation that the SEC may approve the first Bitcoin ETF (may not happen until next year, but speculation is building) has also contributed to Bitcoin’s renewed bullishness…CoinMarketCap’s Bitcoin dominance rate, an indicator that tracks the percent of the total cryptocurrency market capitalization contributed by the leading cryptocurrency, has hit its highest level since late last year…

4. China has promised fiscal action to support the world’s 2nd-largest economy…China’s cabinet, the State Council, unveiled a string of measures to boost domestic consumption amid economic pressure from escalating trade friction with the United States…at a weekly meeting hosted by Chinese Premier Li Keqiang, the State Council called for “more proactive” fiscal policies, with corporate tax cuts tied to research spending, and increased support for small businesses, according to a statement late yesterday…it also urged local governments to invest more in infrastructure using special bonds…Chinese equities extended their gains, with the Shanghai Composite hitting its best level in more than a month while global equity markets followed suit…

5. The NASDAQ notched a new record high this morning after strong financial results from Google-parent Alphabet led a wave of upbeat corporate earnings and a fresh surge in technology stocks…Alphabet shares jumped nearly 5% after the company reported stronger-than-forecast quarterly results…Wall Street’s top analysts are growing more confident over the prospects for many of Alphabet’s emerging businesses including YouTube, autonomous cars and cloud computing…“Alphabet delivered strong top line results, again proving that its increased investments are paying off,” J.P. Morgan analyst Doug Anmuth said in a note. “Investments in machine learning & AI are driving innovation throughout Alphabet’s businesses, including mobile search, cloud, Google Home, Assistant, Waymo, etc.”…

6. The Dow is up 122 points through the first 30 minutes of trading…the earnings season has not disappointed so far…according to data compiled by FactSet, 21.4% of S&P 500 companies have reported and 80.6% have topped analysts’ expectations for Q2 earnings…meanwhile, 74.1% of those companies have surpassed revenue estimates…in Toronto, the TSX has climbed 66 points while the Venture is up 2 points at 712…HIVE Blockchain Technologies (HIVE, TSX-V), benefiting from the Bitcoin breakout, is up 13 cents at $1.03 as of 7:00 am Pacific as the stock threatens to overcome a downtrend line in place since late last year…Sokoman (SIC, TSX-V) was halted pre-market, pending news, likely regarding initial results from drilling at its Moosehead Property in central Newfoundland…high-grade Gold was reported from visuals, and technically the stock appears poised for a breakout, as per Daniel’s piece last week…White Metal Resources (WHM, TSX-V) outlined plans this morning for an aggressive channel sampling program, to commence by month-end, at 4 priority targets at its Gunners Cove Property in northern Newfoundland…the project represents an extensive and new unexplored Gold system which the company has traced intermittently for approximately 18 km along strike and is locally up to 1.3 km wide…

7. Metallis Resources (MTS, TSX-V) has commenced Phase 1 drilling at its Kirkham Property in the Eskay Camp…this initial phase will test several high priority targets within the Hawilson monzonite located in the southern portion of the property (Nickel targets in the north, where elevations are higher, will be pursued starting next month)…the findings of a recent geological mapping program, along with the results of a detailed airborne geophysical survey, have provided an enhanced understanding of the geometry, controls of mineralization, and apparent scale of the intrusive-related mineralizing system…this information, together with historical data, has facilitated the selection and prioritization of 3 specific drill target areas:  Cliff, Nina and Cole, all associated with the 7-km-long Hawilson monzonite porphyry complex…this system was successfully tested by Metallis last year with 3 drill holes that cut broad intersections of Copper-Gold mineralization, the longest being 146 m grading 0.34% Au and 0.22% Cu, including a 68 m @ 0.52 g/t Au and 0.30% Cu…the intensity of potassic alteration, veins and Gold-Copper grades increases with depth, further suggesting similarities to Seabridge Gold’s (SEA, TSX) Kerr deposit approximately 15 km east of Kirkham…

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