BullMarketRun.com

Visit the BMR comments section throughout the day for updates and helpful information!

1. Gold has traded between $1,502 and $1,529 so far today…as of 7:00 am Pacific, bullion off its lows of the morning and up $4 an ounce at $1,523…the recovery started as soon as the U.S. jobs report for August was released at 5:30 am Pacific…Silver corrected to the $18 level and then snapped back quickly after the jobs report, now up 7 cents to $18.71…Nickel is up slightly at $7.97 while Copper and Zinc are both steady at $2.61 and $1.05…Crude Oil has retreated 88 cents a barrel to $55.42 while the U.S. Dollar Index has fallen one-fifth of a point to 98.21…White House economic advisor Larry Kudlow told CNBC this morning that recent trade discussions with China “went very well.  The phone lines have been open during this period and the negotiations have been proceeding”…Liu He, China’s top negotiator on trade, U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin held a phone call on Wednesday and agreed to meet in early October for another round of face-to-face negotiations…Kudlow added, “Deputies level meetings will continue in Washington later this month and from those deputies level meetings will come agenda and outline for early October”…Canada’s economy created 81,100 net new jobs last month, a nice headline number but the bulk of those positions were part-time in the services sector…57,200 of the new jobs were part-time and 42,000 of the positions were held by young workers aged 15 to 24 years old, almost all of whom were women…

2. U.S. employers added to payrolls at a steady pace and unemployment stayed historically low in August, suggesting the  economy held firm during a month when a deepening global slowdown and faltering manufacturing activity stoked fears of a sharp slowdown…the U.S. economy added 130,000 payrolls in August, the Labor Department reported this morning…the unemployment rate was unchanged at 3.7% for the 3rd consecutive month, remaining near its 50-year low…average hourly earnings climbed a seasonally adjusted 3.2% from August 2018, down from a recent peak of 3.4% in February and offering few signs of a breakout…overall, the job market was on slightly weaker footing than expected…payrolls in June and July were revised down by a combined 20,000, while economists surveyed by The Wall Street Journal had estimated that employers added 150,000 jobs in August…the unemployment rate was in line with forecasts at 3.7% last month…for the 3 months ended in August, average monthly payroll growth was 156,000, down from an average 190,000 a month in the 8 years since jobs started growing after the last recession…the latest employment figures provide evidence the U.S. economy is losing momentum but remains on stable footing, thanks to a solid job market and consumers who continue to hit the stores despite slowing global growth and heightened trade frictions…

3. China’s central bank has announced that it’s reducing the amount of funds that banks have to hold in reserve, in an effort to further stimulate the Chinese economy…The People’s Bank of China said the move will take effect a week from this coming Monday…it’s the 3rd time that the PBOC has cut the so-called reserve requirement ratio this year, and the 7th time since early 2008…in July, China said GDP growth slowed to 6.2% in the 2nd quarter, the weakest rate in at least 27 years…

4. What have we become as a nation, one that was built on resources?…a Calgary man on a recent tour of the Senate was told to remove a shirt that displayed his support for the Oil and gas industry…William Lacey, a chief financial officer for Steelhead Petroleum, wore a shirt said “I (heart) (maple leaf) OIL & GAS” during a tour of the Senate over the long weekend and said he was swiftly taken aside by security and told to either wear the shirt inside-out or leave…“The security guard looked at me and said: ‘Excuse me sir, I’m going to have to ask you to remove that shirt’…And I looked and him and I said, ‘Excuse me?’…And he said: ‘Yes, you’re going to have to remove that shirt because some people may view that as being offensive,’” Lacey told CTV News…in a statement yesterday afternoon, the Parliamentary Protective Service said its guard had gone too far…“At the outset, we offer our apologies to the gentleman that raised this issue for the situation he experienced during his tour,” said the statement from Guillaume Vandal…“In this case, the personnel misinterpreted a message on the visitor’s article of clothing.  The staff involved will be receiving operational guidance and training with respect to visitors to the Hill”…

5. From the Eskay Camp this morning, news that Metallis Resources (MTS, TSX-V) has commenced a 4,000-m Phase 1 drill program at its 100%-owned Kirkham Property…high-grade Gold targets are the initial focus of Phase 1 drilling, following up on a discovery late last season when drilling intersected 137 g/t Au over 0.6 m within 7.7 m grading 11.2 g/t Au starting just 57.3 m downhole at the Cole target (KH-18–19)…extensive mapping, VLF surveys, trenching, rock and soil sampling this summer, along with structural modeling at the adjoining Cole and Etta targets, have outlined a strongly altered 1,000-meter long by 300-meter wide zone of northeast oriented sub-parallel faults that appear to control the high-grade Gold-bearing quartz sulphide veins…the zone is open for further expansion…Fiore Aliperti, Metallis President and CEO, commented, “From high-grade Gold to Nickel sulphide to Gold-copper porphyry, the 106 sq. km Kirkham Property has advanced remarkably over the past 2 years and features strong potential to host multiple deposit types.  We are vigorously testing exciting target areas covering each of those deposit types and we look forward to providing steady news flow with progress updates and results”...MTS is up 7 cents at 82 cents as of 7:00 am Pacific after the stock found support as expected at is rising 50-day moving average (SMA) in the mid-70’s…

6. The Dow is up slightly through the first 30 minutes of trading…in Toronto, the TSX is off 38 points while the Venture has rebounded 5 points to 591 after yesterday’s minor pullback…2 high-grade plays we’ve been tracking that have confirmed important breakouts this week are Canada Cobalt (CCW, TSX-V) and Benchmark Metals (BNCH, TSX-V)…CCW is pursuing a major high-grade Silver opportunity (along with Cobalt) at its Castle mine in the rich Gowganda Silver-Cobalt Camp in Northern Ontario (underground drilling and surface tailings)…technically, the stock has broken out into the 30’s above a down channel that formed in the spring in a similar pattern to moves in 2017 and 2018 that led to huge gains in the stock in less than 2 months…Benchmark has been enjoying early success at its Lawyers Gold-Silver Project in north-central British Columbia with the stock now pushing into the 40’s toward a new multi-year high…this morning came word from the company in a news release that Eric Sprott is acquiring 13.3 million shares of Benchmark in a $7.5 million private placement (30 cents hard dollar and 40 cents flow through)…Sprott will own approximately 14.3% of the company on a non-diluted basis…A.I.S. Resources (AIS, TSX-V) is up half a penny at 10 cents after announcing that it has mined 1,000 tonnes of manganese, consistent with the company’s production target of 1,000 tonnes every 2 weeks…600 of the next 1,000 tonnes has been bagged and readied for road transport to the port in Peru…to date, government customs analysis has certified the 21 containers sent at 43.24% Mn and 1.57% Fe…

7. Marathon Gold (MOZ, TSX) has arranged a $20 million bought deal financing with a syndicate of underwriters led by Canaccord Genuity and Sprott Capial Partners…they have agreed to purchase 11.4 million common share units at $1.32 per unit (includes a 2-year half warrant exercisable at $1.60) in addition to $2.7 million flow-through units at $1.85 per unit with no warrant…as previously disclosed, Franco-Nevada (FNV, NYSE) acquired a 2.0% NSR royalty from Marathon in February of this year and has advised the company that it intends to participate in the offering…“Franco Nevada Corporation is the leading Gold-focused royalty and streaming company and we are very pleased by their participation in the financing and ongoing support of the company,” said Matt Manson, President & CEO of Marathon…mineral resource updates for both the Leprechaun and Marathon deposits will be completed this quarter…infill drilling has been completed at the Leprechaun deposit, and both infill and exploration drilling are continuing at Marathon…exploration drilling in the Sprite zone gap area starts this month…a PFS is forecast to be completed by the middle of next year…

Video: How This Innovative Junior Is Winning The “Battery Arms Race” In Northern Ontario

“The Enemies Of Progress, The Radical Environmentalists, Are Ramping Up For A War In The Woods”

Why Are These People Smiling? – Their Stock Has Tanked 80%!

Turbocharged Nickel

Commodity Check!

The Template For The Next 10% Stake In Garibaldi Resources

Thunder In The Corridor!

The Nickel Mountain Magma Highway

Two Big Plays Emerge in B.C., Setting The Stage For A Summer To Remember

How To Bring A Junior Resource Market To Life!

The Dramatic New Chase For A Nickel-Copper-Rich Massive Sulphide Deposit In The Heart Of A Famous Gold Camp

Northern Ontario Cobalt Junior Attracts Interest From Metal Trading Companies

The Most Important Venture Development Since The New Bull Market Began

Visit the BMR comments section throughout the day for updates and helpful information!

1. Gold has traded between $1,524 and $1,551 so far today…as of 7:00 am Pacific, bullion has retreated $24 an ounce to $1,534 following the announcement of a planned resumption of U.S.-China trade talks and better-than-expected U.S. jobs data from private payrolls company ADP (195,000 jobs were created in August vs. the consensus estimate of 148,000 – not exactly the sign of an economy going into a recession)…August saw the 3rd straight month of strong gains in Gold-backed ETFs and similar products after hitting a 6-year high in July, according to data released this morning by the World Gold Council (WGC)…Global Gold-backed ETFs reported a net inflow of $6 billion last month as total holdings rose by 122 tonnes to 2,733 tonnes, just 59 tonnes shy of the 2012 all-time high when Gold prices were trading at $1,665 an ounce…Silver has slipped 39 cents to $19.18…Nickel has pulled back 21 cents to $7.96 in healthy profit taking…Indonesia’s ban on Nickel ore exports could boost the country’s earnings from the metal 5-fold in the next 5 years through growth in industries such as stainless steel and battery materials, a minister said yesterday…Luhut Pandjaitan, a coordinating minister overseeing mining, said Nickel-related export earnings will surge from last year’s $5.8 billion, with investment in processing pouring into the Nickel-rich region of Morowali in Central Sulawesi province…Indonesian authorities have expressed hopes that Nickel-related industries such as the production of stainless steel and battery materials will grow to become one of the country’s main industries, overshadowing current top commodity palm oil in 10 to 15 years…Pandjaitan said the current investment pipeline showed that as much as $30 billion could be spent on Nickel processing in the Morowali region to 2024…that includes a $4 billion Lithium battery project by several companies, including Contemporary Amperex Technology which supplies batteries for carmakers like Volkswagen, Mercedes and Tesla, the minister said, noting this will either by early next year at the latest…Copper has edged up 3 cents to $2.61 while Zinc is up another penny at $1.06…Cobalt is steady at $16.10…Crude Oil has added 43 cents a barrel to $56.69 while the U.S. Dollar Index has fallen one-third of a point to 98.13…the NFL’s 100th season kicks off tonight in a matchup between the league’s oldest rivals as the Chicago Bears host the Green Bay Packers…

2. Chinese and American officials plan to hold trade talks in Washington in early October, a new attempt to tame a trade battle that is rippling through the global economy…Chinese Vice Premier Liu He, U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin spoke by phone late yesterday and agreed to meet next month for high-level trade talks, state-run China Central Television said…the U.S. side confirmed the phone call and said a high-level meeting would take place in Washington in the coming weeks…both sides said deputy-level officials would work together in mid-September to lay the groundwork…plans to meet in person come as each side ramps up punitive tariffs on the other…expectations for a breakthrough in trade talks are low…neither Beijing nor Washington specified a start date for the talks, which would be the 13th round in a series of on-and-off again negotiations that began in January, after the U.S. initially agreed to hold off on further tariffs to try to reach a trade deal…

3. It will not be long before the spread of negative interest rates reaches the U.S., former Federal Reserve Chairman Alan Greenspan told CNBC in an interview yesterday…“You’re seeing it pretty much throughout the world.  It’s only a matter of time before it’s more in the United States,” adding investors should watch the 30-year Treasury yield…the 30-year U.S. rate traded at 1.95% midday yesterday but has pushed back above 2% today…it reached an all-time low last week…there are currently more than $16 trillion in negative-yielding debt instruments around the world as central banks try to ease monetary conditions to sustain the global economic expansion…the 10-year sovereign bonds in Belgium, Germany, France and Japan – among others – are trading with a negative rate…U.S. Treasury yields are still well within positive territory, but the Fed has already cut rates once this year and is expected to ease again later this month…market expectations for a rate cut September 18 are at 92.7%, according to the CME Group’s FedWatch tool…

4. After hitting record highs in multiple currencies including the euro, British pound and the Canadian dollar, Gold could be ready for new record highs in U.S. dollar terms, according to Bloomberg Intelligence (BI)…Gold prices enjoyed a stellar August, with the metal hitting new all-time highs in various currencies as well as reaching fresh 6-year highs in U.S. dollars…“Dollar-denominated Gold is likely to follow all-time highs in euro terms reached August 26.  Despite the trade-weighted broad dollar rallying about 10% since the start of 2018, dollar-valued Gold has increased 15%…trade tension and diminishing macroeconomic conditions have been drivers, but increasing stock-market volatility is a primary Gold price support,” BI senior commodity strategist Mike McGlone wrote…he added that precious metals are on a very solid footing and are likely just beginning their upward ascension…“We expect precious metals to remain the stalwart sector, as moribund Silver and Platinum gain buoyancy with the rising Gold and bond price tide.  A catalyst to reverse the entrenched trends, namely a definitive U.S.-China trade accord, is unlikely”…

5. The Dow has soared 415 points as of 7:00 am Pacific on encouraging economic data and U.S.-China trade news…in Toronto, the TSX is 101 points higher, held black by a lower Gold Index, while the Venture has slipped 3 points to 590…Compass Gold (CVB, TSX-V) is an early price and volume leader on the Venture, up 13 cents at 38 cents after announcing 6.1 m grading 65.6 g/t Au from 19.5 m in diamond drilling at its Farabakoura artisanal workings on the Ouassada permit (Sikasso Property) in southern Mali…Canada Cobalt (CCW, TSX-V) and Benchmark Metals (BNCH, TSX-V) continue to power forward with momentum…CCW, up half a penny at 33 cents as volume accelerates, is preparing for the start of Phase 2 underground drilling at the high-grade Castle Silver-Cobalt mine in the coming days as site activity is ramping up in advance of the planned start of a Silver tailings program…Benchmark Metals (BNCH, TSX-V) is carrying out an aggressive drill program at its high-grade Lawyers Gold-Silver Project in north-central B.C. and has pushed past key Fib. resistance at 40 cents…Nighthawk Gold (NHK, TSX) released results this morning for 9 more drill holes at its Indin Lake Gold Property in the Northwest Territories…Colomac Zone 1.5 hole C19–17 tested an area 70 m south of C19–08 (Colomac’s best intercept to-date), returning 58.50 m of 1.93 g/t Au (32 m true width), including 13.55 m of 4.6 g/t…

6. Five of the craziest lines from last night’s CNN Democratic debates on the “Climate Change Crisis”: 1) Kamala Harris said that, as President, she would direct the Department of Justice to go after Oil and gas companies “who have already directly impacted global warming.  They are causing harm and death in communities.  And there has been no accountability”; 2) Juan Castro supports “new civil rights legislation” to address “environmental racism” – minority communities, he says, facing the brunt of the climate crisis…the suggestion, of course, is that if you oppose the Democrats’ idea of “climate change” you are a racist; 3) Andrew Yang said that if he’s elected President, he’ll eliminate GDP as a measure of national success and replace it with a system that includes environmental factors…“Let’s upgrade it with a new score card that includes our environmental sustainability and our goals,” he said; 4) Elizabeth Warren said that conversations around regulating light bulbs, banning plastic straws and cutting down on red meat are exactly what the fossil fuel industry wants people focused on as a way to distract from their impact on “climate change”; 5) Pete Buttigieg said that successfully combating “climate change” might be “more challenging than winning World War II”…

7. More Trans Mountain pipeline expansion delays are not of the question…Justice David Stratas of the Federal Court of Appeal has decided to allow 6 of the 12 motions for judicial review of the federal government’s 2nd approval of the pipeline expansion…Stratas allowed the motions on the narrow grounds that it is arguable that mandated requirements for Indigenous and First Nations consultation still have not been met…he grants that there was additional consultation (August 2018 to June 2019), notes that Indigenous groups deemed it insufficient, and, critically, notes further that the federal government took no position at all…while First Nations groups filed objections to the new consultation process “consisting of many thousands of detailed pages,” the federal government, “including the Attorney General of Canada representing the Government of Canada, took no position for or against” the motions…”they offered no submissions or evidence to assist the Court”, Justice Stratas added…how bizarre is that, but coming from the Trudeau team nothing should be considered bizarre...of course when 1 side doesn’t show up, the other gets to have their say…so there will be reviews…Justice Stratas has ordered that they be narrowly focused on the specific issue of whether the new consultations were sufficient, and wants the review completed “very quickly”, citing “substantial public interest” in a rapid conclusion…

Video: How This Innovative Junior Is Winning The “Battery Arms Race” In Northern Ontario

“The Enemies Of Progress, The Radical Environmentalists, Are Ramping Up For A War In The Woods”

Why Are These People Smiling? – Their Stock Has Tanked 80%!

Turbocharged Nickel

Commodity Check!

The Template For The Next 10% Stake In Garibaldi Resources

Thunder In The Corridor!

The Nickel Mountain Magma Highway

Two Big Plays Emerge in B.C., Setting The Stage For A Summer To Remember

How To Bring A Junior Resource Market To Life!

The Dramatic New Chase For A Nickel-Copper-Rich Massive Sulphide Deposit In The Heart Of A Famous Gold Camp

Northern Ontario Cobalt Junior Attracts Interest From Metal Trading Companies

The Most Important Venture Development Since The New Bull Market Began

Visit the BMR comments section throughout the day for updates and helpful information!

1. Gold has traded between $1,533 and $1,548 so far today…as of 7:00 am Pacific, bullion is off $2 an ounce at $1,545…Silver continues to outpace Gold…it’s up 9 cents at $19.31 as it works its way toward the $20 level…base metals are modestly higher…Nickel has added 5 cents to $8.22…Copper is 4 cents higher at $2.58 while Zinc has rebounded 4 pennies to $1.04…Cobalt has jumped to $16.10, a 13% move as the supply picture tightens somewhat…Crude Oil has climbed $1.71 a barrel to $55.65 while the U.S. Dollar Index has fallen one-third of a point to 98.64…a report this morning showed that China’s services sector expanded at its fastest rate in 3 months in August, despite broader economic headwinds…the Caixin/Markit Services Purchasing Managers’ Index (PMI) came in at 52.1 in August – its highest reading since May…Brexit battle: U.K. lawmakers delivered a blow to Prime Minister Boris Johnson ’s Brexit strategy with a vote aimed at delaying the country’s exit from the European Union, prompting the British leader to call for a general election…in a vote yesterday in the House of Commons, lawmakers defied Mr. Johnson’s pleas not to tie his hands in negotiations with the EU and took the first move toward passing a law that would stop him from pushing through a split with the bloc at the end of next month…lawmakers voted 328 to 301 to make time this week for Parliament to debate a law – now highly likely to pass – that would require Johnson to ask the EU for Brexit to be delayed until the end of January 2020 if he doesn’t secure a deal with the bloc in October to manage Britain’s exit…British lawmakers have weakened their own Prime Minister’s negotiating position with the EU…

2. New York Federal Reserve President John Williams said in a speech today that sluggish inflation is one of the central bank’s most pressing issues, and he promised to use monetary policy to sustain economic growth in the United States…“Low inflation is indeed the problem of this era.  The current outlook of moderate growth, low unemployment, but stubbornly low inflation is a reflection of the broader economic picture,” Williams said…“I am carefully monitoring this nuanced picture and remain vigilant to act as appropriate to support continuing growth, a strong labor market, and a sustained return to 2% inflation”…the influential Fed policymaker spoke just 2 weeks before the FOMC is expected to cut its benchmark interest rate during its September 17–18 meeting…the Fed has consistently been overestimating inflation for years now…of course a high dollar is deflationary and so are current Oil prices…

3. GoGold (GGD, TSX) has pushed higher in early trading after announcing that drilling at Los Ricos has intersected 17.1 m averaging 6.5 g/t AuEq in the Main zone (1.6 g/t Au and 364.2 g/t Ag)…meanwhile, the first core hole drilled on the San Juan target 400 m to the northwest cut 16.9 m grading 1.45 g/t AuEq made up of 0.54 g/t Au and 67.8 g/t Ag, including a 5-m interval of 1.5 g/t Au and 148 g/t Ag…between 1915 and 1918, the Cinco Minas Mining Company explored and developed the San Juan deposit on 2 levels with crosscuts and raises and described the vein and mineralization as the northern extension of the Los Ricos vein…“Our drilling program continues to show wide intervals of Gold-Silver mineralization remain on both sides of the stopes in the historical underground workings at the Main Area as shown in these new holes,” stated Brad Langille, President and CEO…“Furthermore, we are very encouraged that our first step-out drilling 400 m along strike to the northwest and our previously announced step-out drilling 1,500 m along strike to the southeast is greatly expanding the size of the Los Ricos target. We will continue to focus on the strike length expansion of the Los Ricos target and expect more results to come”…GGD is up 3 cents at 78 cents as of 7:00 am Pacific…

4. GT Gold (GTT, TSX-V) has come under mild pressure after releasing a fresh batch of assay results from its Saddle North Gold-Copper porphyry discovery…while all 11 drill holes intersected classic porphyry mineralization, expanding the system, only 1 of them over the longest interval from each hole had a grade better than 0.60% CuEq (a whopping 1,206 m grading 0.57 g/t Au and 0.26% Cu for 0.69% CuEq, including a Gold-rich 51 m @ 4.05 g/t Au and 0.30% Cu in TTD126)…results do support the expansion of the known higher-grade mineralization by approximately 100 m along strike to the southeast at depth, and by approximately 200 m along strike to the northwest near surface…the south-southwesterly-plunging, northerly-elongate higher-grade core zone now has approximate dimensions of 1,400–1,500 m(down-plunge), 250–300 m (thickness), and 400 m (strike)…it is contained within a well-mineralized northerly-trending and west-southwesterly dipping envelope of 600 or 700 m thickness, over 1,500 m down-dip, and over 700 m along strike…the system remains open in most directions, with highly prospective targets remaining at depth, to the west, and to the southeast…GTT has fallen 19 cents to $1.04 through the first 30 minutes of trading but has strong support at the $1 level which was previous resistance…

5. The Dow has jumped 180 points as of 7:00 am Pacific…tensions between the government and protestors in Hong Kong have eased, giving most global equity markets a lift today, after the withdrawal of a controversial bill…in Toronto, the TSX is 106 points higher while the Venture has backed off 2 points to 590…certain stocks, focused on high-grade opportunities, are showing impressive technical strength…Benchmark Metals (BNCH, TSX-V) is carrying out an aggressive drill program at its Lawyers Project in north-central B.C. and has pushed past key Fib. resistance at 40 cents…Discovery Metals (DSV, TSX-V), a Mexico-focused Silver play, has broken through 2 technical barriers (mid-to-upper 40’s and upper 50’s) in the last several sessions and enjoyed a record volume day yesterday, closing at 66 cents…Canada Cobalt (CCW, TSX-V), up a penny at 33 cents in early trading, has overcome a down channel from early this year while its EMA-50 has reversed to the upside…RSI(14) is showing its best momentum in a year in an overall technical pattern similar to what formed immediately ahead of 3 massive upside moves in the stock since early 2017…

6. Great Bear Resources (GBR, TSX-V) charged as high as $9.34 in early trading, a penny below nearest Fib. resistance on the long-term chart, following yesterday’s impressive mid-morning news regarding multiple new Gold discoveries along 3.2 km of strike length of the approximately 18-km-long LP Fault target at its 100%-owned Dixie Project in the Red Lake district…new high-grade Gold intercepts included 101.7 g/t over 1.50 m within 10.65 g/t over 17.25 m at the Auro zone, and 27.8 g/t over 2 m within 11.1 g/t over 7 m in the Yuma zone…wide intervals of disseminated Gold mineralization have been drilled, surrounding and adjacent to the high-grade intercepts, including 42 m of 5.3 g/t in the Auro zone, 22 m of 1.1 g/t in the Yuma zone and 40.8 m of 1 g/t in the Bear-Rimini Discovery zone…these wide Gold zones project to near-surface in all locations…Gold mineralization at the Yuma zone has been extended from near-surface to 480 m vertical depth and remains open to extension…reconnaissance drilling will include up to 1 km step-outs between drill sections, with more closely spaced follow-up drilling around any new Gold discoveries that may be made…fully financed with more than $18 million in cash, Great Bear plans to drill along approximately 18 km of the strike length of the LP Fault target between now and summer 2020…the LP Fault deformation zone is not typical of the Red Lake district and appears similar in character to other large Gold-hosting deformation zones in Archean greenstone belts…well-known Canadian examples include the Larder Lake Cadillac Break that extends through Kirkland Lake and Val d’Or, the Porcupine Destor Fault Zone of the Timmins Camp, the Detour Lake Fault Zone, the Pike Fault in the Meliadine camp of Nunavut and the Cochenour-Gullrock deformation zone of the Red Lake mine complex…

Video: How This Innovative Junior Is Winning The “Battery Arms Race” In Northern Ontario

“The Enemies Of Progress, The Radical Environmentalists, Are Ramping Up For A War In The Woods”

Why Are These People Smiling? – Their Stock Has Tanked 80%!

Turbocharged Nickel

Commodity Check!

The Template For The Next 10% Stake In Garibaldi Resources

Thunder In The Corridor!

The Nickel Mountain Magma Highway

Two Big Plays Emerge in B.C., Setting The Stage For A Summer To Remember

How To Bring A Junior Resource Market To Life!

The Dramatic New Chase For A Nickel-Copper-Rich Massive Sulphide Deposit In The Heart Of A Famous Gold Camp

Northern Ontario Cobalt Junior Attracts Interest From Metal Trading Companies

The Most Important Venture Development Since The New Bull Market Began

Visit th BMR comments section throughout the day for updates and helpful information!

1. Gold has traded between $1,523 and $1,538 so far today…as of 7:00 am Pacific, bullion is up $13 an ounce at $1,541…the yellow metal enjoyed its biggest monthly gain in over 3 years in August as concerns about a slowdown in global growth and hopes for rate cuts by central banks worldwide boosted safe-haven bids…meanwhile, Silver continues to outpace Gold…it’s up 31 cents at $18.74 with a clear path to the $20 level…Nickel is steady at $8.16 after climbing as high as $8.50 yesterday in the wake of Indonesia’s announcement of a December halt to Nickel ore exports…Copper and Zinc are off slightly at $2.52 and $1.00, respectively, while Cobalt is unchanged at $14.29…Crude Oil has fallen $1.87 a barrel to $53.23 while the surging U.S. Dollar Index has hit a fresh 2+ year high, trading at 99.24…a high dollar will keep inflation muted and will give the Fed more flexibility in cutting rates…Japan said its manufacturers cut spending during the 2nd quarter for the first time in 2 years, adding to a series of recent data suggesting the U.S.-China trade fight is contributing to a dampening of the global economy…

2. Lots of reasons for Gold to maintain a strong bid, besides global central bank policies: Civil unrest continues in Hong Kong after another weekend of protesting…Hong Kong authorities are apparently considering declaring a state of emergency…the British pound fell to a 34-year low against the greenback today amid turmoil in the U.K. over the British exit from the European Union…the U.K. is set to leave the EU in October…new Prime Minister Boris Johnson is battling with his own party on the matter, as Johnson wants out of the EU next month with no more extensions to negotiate a “soft” Brexit…China over the weekend filed a complaint with the World Trade Organization against the U.S. and its tariffs imposed on China…this move appears to ratchet up the trade battle between the world’s 2 largest economies…the Chinese yuan dropped to an 11-year low against the U.S. dollar overnight, at near 7.2 to the dollar…the weaker yuan makes Chinese goods less expensive in U.S. dollar terms…

3. President Trump was playing hardball with China again today, pressuring its leadership to make a trade deal with the U.S. in the near future, warning talks will get much tougher if he is reelected in 2020…Trump said in a series of tweets, “We are doing very well in our negotiations with China.  While I am sure they would love to be dealing with a new administration so they could continue their practice of “ripoff USA”($600 B/year), 16 months PLUS is a long time to be hemorrhaging jobs and companies on a long-shot…And then, think what happens to China when I win.  Deal would get MUCH TOUGHER!  In the meantime, China’s Supply Chain will crumble and businesses, jobs and money will be gone!”…

4. U.S. consumers, who power two-thirds of economic growth, remain in excellent shape but the the manufacturing sector continues to struggle…a just-released gauge of U.S. manufacturing from the Institute for Supply Management showed the sector contracted in August…the ISM manufacturing PMI declined to 49.1 in August, the lowest reading since January 2016…“Respondents expressed slightly more concern about U.S.-China trade turbulence, but trade remains the most significant issue, indicated by the strong contraction in new export orders,” stated Timothy Fiore, Chair of ISM Manufacturing Business Survey Committee…data from IHS Markit released earlier showed the U.S. manufacturing PMI slowed to 50.3 in August, its lowest level since September 2009…“The August PMI indicates that U.S. manufacturers are enduring a torrid summer,” stated Chris Williamson, Chief Business Economist at IHS Markit…“Output and order book indices are both among the lowest seen for a decade, indicating that manufacturing is likely to have again acted as a significant drag on the economy in the 3rd quarter, dampening GDP growth”…

5. Bambang Gatot Ariyono (now that’s a name!), the director of Indonesia’s mining ministry for Coal and minerals, told reporters yesterday that the country’s ban on Nickel ore exports, to take effect in December, applies to all grades of Nickel ore and that all exporters should cancel contracts dated beyond the start of the new year…“We already exported 38 million tons up until July this year,” Bambang said at a Monday news conference…“At this rate, we would need to think about our reserves especially if we keep issuing exports permits”…most of Indonesia’s Nickel exports go to China, where they’re processed into a cheaper alternative to Nickel pig iron…the move will create a gap in the Nickel market of 100,000 tonnes a year, according to BMO Capital Markets…Goldman Sachs‘ analysts predict the export ban could drive up the Nickel price another 7% by the end of the year but that’s a very conservative outlook based on BMR charts that correctly called this initial major move past the $8 a pound mark…

6. The Dow has dipped 318 points through the first 30 minutes of trading to start the new month…in Toronto, the TSX is 41 points lower despite strength in Gold stocks while the Venture has added 3 points to 592 as it pushes above its 50-day SMA...Osisko Mining (OSK, TSX) has drilled 114 g/t Au over 2.8 m and 51.5 g/t Au over 2.8 m in 2 separate infill drill holes at Windfall…Score Media and Gaming (“theScore”, SCR, TSX-V) keeps pushing higher…after a 74% gain in August, the stock is up another 9 cents at 82 cents as of 7:00 am Pacific as it attempts to conquer Fib. resistance at 80 cents…Great Bear Resources (GBR, TSX-V) was halted pre-market, pending news…Discovery Metals (DSV, TSX-V), a Mexico-based Silver play, has jumped 8 cents to 65 cents, overcoming resistance in the high 50’s…another Silver play with explosive potential for September is Canada Cobalt (CCW, TSX-V) in the rich Gowganda Silver/Cobalt Camp of Northern Ontario…CCW, up a penny at 31.5 cents in early trading, is now breaking out above a down channel in place since April…underground diamond drilling commences shortly at the Castle mine to follow up on high-grade results from Phase 1 that included 2,620 g/t Ag over a core length of 5.51 m…the company later announced that SGS was able to produce a high-purity Silver flotation Silver concentrate grading 18,486 g/t (529.17 ounces per tonne), significant to plans to process high-grade stamp mill tailings located just 300 m from Shaft #3…Colorado Resources (CXO, TSX-V) has commenced exploration at its newly consolidated Castle Copper-Gold Property contiguous to GT Gold’s (GTT, TSX-V) Tatogga Project which includes the Saddle North and Saddle South deposits…CXO will carry out a 1,500-m drill program…

6. Probe Metals (PRB, TSX-V) has more than doubled its Gold resource at its Val-d’Or East Project to 866,300 Measured and Indicated ounces and 2.3 million Inferred ounces…David Palmer, President and CEO stated, “Our exploration programs have resulted in an impressive amount of growth, more than doubling our Gold resource…which positions the project as one of the top undeveloped Gold deposits in the Val-d’Or area.  The updated resource also highlights and confirms the potential of the area for continued growth and new discoveries.  We have now increased the number of individual deposits from 4 to 10, including 5 within the new 100%-owned Courvan Trend.  The majority of the increased resource was in pit-constrained ounces as the focus of the 2018–2019 programs was on shallow drilling.  In addition to future pit expansion, the deposits are all open below the conceptual pits and still have potential for substantial growth at depth.  With this updated resource I believe we have crossed a threshold and future programs will now include work on potential development scenarios in addition to resource growth.  Probe will continue to focus on unlocking value for our Investors at its Val-d’Or East Project and we are looking forward to the next phase of the project as we advance towards development”…

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