BullMarketRun.com

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

1. Spot Gold has traded between $1,918 and $1,944 so far today…as of 7:00 am Pacific, Gold is up $28 an ounce at $1,942 on further weakness in the greenback…bullion has quickly rebounded from its biggest 1-day fall in 7 years on Tuesday, a healthy pullback that helped cleanse temporarily overbought conditions…ballooning government deficits, massive money-printing by central banks and an ultra-low interest rate environment amid worries over the continued economic fallout from the global pandemic should drive Gold significantly higher through the balance of 2020…a weak U.S. dollar, which is also breaking down on longer-term charts, is another major factor supporting record Gold prices…Silver has jumped $1.21 an ounce to $26.67…Nickel and Copper are down slightly at $6.37 and $2.87, respectively, while Zinc is steady at $1.07…Crude Oil is flat at $42.67 while the U.S. Dollar Index has declined nearly half a point to 92.97…the new path of the Wuhan COVID-19 virus suggests that complacency, shutdown fatigue and the lure of summer are combining to allow the virus to sweep through rural parts of the U.S. that had previously been spared, health officials say…despite that threat, however, Moody’s Analytics’ latest survey finds economists are predicting U.S. GDP growth, on average, will surge almost 20% this quarter, followed by 9.6% in the 4th quarter and 7.7% in the 1st quarter next year…the impact should benefit the entire stock market with economically sensitive stocks leading the way, particularly, industrials, materials, financials and small caps…just in – first-time claims for unemployment insurance last week fell below 1 million for the first time since March 21 in a sign that the labor market is continuing its recovery…the total claims of 963,000 for the week ended August 8 were well below the estimate of 1.1 million from economists surveyed by Dow Jones…

2. For the first time in months, the daily growth of new coronavirus cases in the U.S. has steadily fallen over the past 2 weeks, giving some hope to U.S. officials who proclaimed there were “signs of progress” in Southern states that were hit particularly hard…the U.S. has recorded an average of 52,875 new cases every day over the last 7 days, down 19% from an average of 65,285 new cases per day on July 28, according to data compiled by Johns Hopkins University…however, COVID-19 testing has declined as well, falling from a 7-day average of about 814,000 tests per day 2 weeks ago to about 716,000, a 12% decline, over the same 2-week period, according to data compiled by the COVID Tracking Project, a volunteer project founded by journalists at The Atlantic magazine…the decline in testing is particularly acute in some of the hardest-hit states with the worst outbreaks, which further skews the overall case numbers across the country…in Texas, for instance, new cases have fallen by 10% to an average of 7,381 a day from 8,203 2 weeks ago, based on a 7-day moving average…testing, however, is down by 53% over the same time frame…meanwhile, the percentage of positive tests has doubled over the last 2 weeks to about 24%, according to Johns Hopkins University…testing shortages in key states highlights the growing importance of Sona Nanotech’s (SONA, CSE) Rapid Response antigen-based test which is nearing formal submission to the FDA…

3. As Latin America continues to battle the coronavirus outbreak, some economies in the region are likely to experience a “record-breaking contraction” not seen since World War II, according to Goldman Sachs…Brazil has seen roughly 1,000 people die every day from COVID-19 for nearly 3 months, with no end in sight, and now has more than 100,000 fatalities, second only to the United States…Latin America and the Caribbean have become a new global epicenter of the pandemic with several countries in the region among those with the highest per capita infection rates worldwide…meanwhile, Mexico’s daily death rate has been stuck at about 600 for the past 2 months, putting the country over 50,000 deaths…roughly half of Mexico’s 32 states have repeatedly delayed plans to allow nonessential businesses to reopen, and in-person classes for the coming school year have been cancelled…

4. OPEC expects world Oil demand will fall more steeply in 2020 than previously forecast because of COVID-19, potentially making it harder for the group and its allies to support the market…in its monthly report yesterday, OPEC said that world Oil demand will tumble by 9.06 million barrels a day this year, more than the 8.95 million b/d decline expected a month ago…Oil prices have collapsed thanks to curtailed travel and economic activity…while some countries have eased lockdowns, allowing demand to recover, fear of new outbreaks has kept a lid on prices and OPEC expects this to persist…OPEC stuck to its forecast that in 2021 Oil demand would rebound by 7 million b/d, but it said the outlook was subject to large uncertainties that may result in “a negative impact on petroleum consumption” such as demand for air travel, more fuel-efficient cars and more competition from other fuels…”Almost all forecasters expect jet fuel in 2021 to struggle making up for lost demand. Gasoline demand will face pressure to return to 2019 levels,” OPEC stated…

5. The Dow is relatively unchanged through the first 30 minutes of trading…the S&P 500 entered today’s session just 0.4% below its all-time intra-day high set on February 19 after a 1.4% rally yesterday led by tech…the broader market index was even closer to its record closing high of 3,386.15…reaching an all-time high would mark the fastest reversal from a 30% drop on record…in Toronto, the TSX is flat despite a 7-point jump in the Gold Index…the Gold Index retreated to strong support around 360 this week (uptrend line + Fib.) and appears well-positioned for a fresh run higher after a more than 10% correction from the 417 intra-day high August 5…the Venture has climbed 9 points to 734…Vizsla Resources (VZLA, TSX-V), which completed a $30 million financing 2 weeks ago, has drilled 421 g/t AgEq over 6.75 m in a new discovery below historic workings at the San Carlos mine on the Animas vein corridor at its Panuco Project in Mexico…San Carlos is over 6 km east of the recent discovery at the Napoleon vein corridor…GoGold Resources (GGD, TSX) recorded revenue of $7.9 million (U.S.) in the 2nd quarter ended June 30 from the sale of 469,545 Silver equivalent ounces…“Parral generated cash flows of $2.2 million U.S. in the quarter which, despite an interruption to the operations due to COVID-19, paid for our general and administrative costs, some working capital, and a portion of our exploration costs at Los Ricos,” stated Brad Langille, President and CEO…“With the increase in metal prices we’ve seen since June 30, Parral will generate significantly more cash in the September quarter, and along with the additional cash we anticipate receiving from warrant exercises, our cash balance should significantly increase from the $17.5 million U.S. at June 30“…Parral’s all-in-sustaining costs in Q2 were $14.87 per Silver equivalent ounce, a decrease of 3% from quarter ending March 31, 2020…Northern Lights Resources (NLR, CSE), one of the most active stocks on the CSE the last couple of sessions, hit a fresh 21-month high of 10.5 cents in early trading…the company’s undervalued high-grade projects in Arizona (historic intercepts include 220 feet grading 0.25 oz/ton including 70 feet of 0.50 oz/ton) and Nevada (high-grade Silver-rich system with geological similarities to Hermosa/Taylor south of Tucson, Arizona, acquired by South32 for nearly $2 billion) are generating new interest as this bull cycle in metals intensifies…NLR, with only a $6 million market cap, is on a strong upward climb supported by its rising EMA(8), currently 8.5 cents…

6. Further to its IPO completed earlier this week, raising $27.3 million at a price of $1.30 per share, New Found Gold (NFG, TSX-V) has raised an additional $4.1 million from the exercise of an overallotment option…Collin Kettell, executive chairman of New Found, stated, “After 5 years of privately funded exploration expenditures in excess of $10 million, we have now advanced the Queensway Project to an exciting stage where we are a listed company. A 100,000 m drill program will be initiated shortly, backed by $72 million in working capital. In late 2019, we intercepted 19 m of 93 g/t Gold in the first hole of our maiden drill program at Queensway. We are excited to be embarking on this major drill program to follow up on this interval and to test the multiple targets as summarized in our prospectus”…NFG has a strong and supportive shareholder base including Palisades Goldcorp (33%), Eric Sprott (18%), Novo Resources (11%), Rob McEwen (7%), additional institutional ownership (8%), and management and insiders (4%)…91 million of NFG’s 141 million outstanding shares are subject to escrow of 180-day lockup agreements…

7. Benchmark Metals (BNCH, TSX-V) has provided high Gold recoveries from combined gravity and leach testing from 3 resource target areas (Cliffs Creek North & South, Dukes Ridge and Amethyst) at its Lawyers Gold-Silver Project in north-central British Columbia…recoveries for Gold ranged from 91% to 97%, while Silver recovered ranged from 59% to 92%…flotation testing (some with gravity pretreatment) from the 3 target areas have recoveries that range from 85% to 98% for Gold, and 39% to 97% for Silver…the metal recovery rate, or also known as the mineral recovery percentage, indicates what percentage of Gold and silver are expected to be recovered after the extractive process has taken place…the test work is an indication of future mineral processing plant performance based on the extraction process…CEO John Williamson commented, “The metallurgy results have provided exceptional recovery for both Gold and Silver using conventional technology. This is a major engineering milestone to rapidly advance the Project through project development towards a production decision. Ongoing metallurgy, drilling, baseline studies, engineering and permitting are all supportive endeavors for a near-term Preliminary Economic Assessment (PEA). The strong Gold and Silver recovery rates will contribute to the economics of this Project”…

How This Pandemic Will Ultimately Help Copper

Wuhan COVID-19 Virus Update

The Cost Of Doing Business With China (The CCP)

“Silver Lining”: Innovative Vancouver Company Provides Help During Crisis

COVID-19 Update

Smithers Shakes Off Turmoil For A Major 3-Day Event Connecting Hockey And The Resource Sector

Turbocharged Nickel

Commodity Check!

The Nickel Mountain Magma Highway

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

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

1. Spot Gold has traded between $2,024 and $1,937 so far today…as of 7:00 am Pacific, Gold is off $85 an ounce at $1,934 in a healthy pullback…the yellow metal made another failed attempt yesterday to reach the record high it posted at the end of last week, triggering some significant profit-taking…“The scale of the upswing over the past 4 weeks has been excessive,” stated Commerzbank…“This was made clear by the extremely high RSI and the pronounced deviation from the 100-day moving average. Sentiment towards Gold became positive in the extreme, with only a minority of participants sounding a note of caution”…Silver, also overdue for a minor correction, has slipped $2.16 an ounce to $26.98…Nickel is up slightly at $6.43…Copper has retreated to $2.91 while Zinc is steady at $1.08…Crude Oil has gained 63 cents a barrel to $42.57 while the U.S. Dollar Index is off one-fifth of a point at 93.36…U.S. producer prices increased by the most in more than 1.5 years in July, but the overall trend in producer inflation remains subdued…a little more than half of U.S. elementary and high school students will attend school only virtually this fall, according to a new study, as education officials struggle with unprecedented decisions amid the Wuhan COVID-19 pandemic…the study by Burbio, which aggregates school and community calendars nationwide, found that 52% of students will go to school virtually only and just 25% will attend every day…the remaining 19% will have some form of hybrid schooling, combining online and in-person learning…4% of districts remain undecided…

2. New Found Gold (NFG, TSX-V), a great example of the powerful bull market we’re now in, made its Venture debut this morning after completing a $27.3 million IPO at $1.30 per share…if NFG confirms the deposit it believes exists at its Queensway Project near Gander, Newfoundland, the implications for the Canadian exploration sector (and the junior market in general) will be profound…Queensway is an under-explored district scale 1,500 sq. km land package within the highly prospective Central Newfoundland Gold Belt and features a similar geologic setting to Kirkland Lake’s (KL, TSX, NYSE) Fosterville mine in Victoria, Australia…New Found Gold’s first drill hole, announced early this year, intersected 93 g/t Au over 19 m including 285 g/t over 6 m, starting just 96 m downhole…100,000 m of drilling is planned in 2 phases, including on multiple targets along 7 km of high priority strike length…the project is surrounded by excellent infrastructure, located just 12 km west of Gander, and is bisected by the Trans Canada Highway…NFG also boasts a proven leadership team and a strong shareholder base with a “Dream Team” led by the likes of Collin Kettell, Eric Sprott, Rob McEwen, Cal Everett, Paul Matysek and Quentin Hennigh…LabGold (LAB, TSX-V) is unquestionably the best “area play” in this large district, an ideal way to leverage the potential success of NFG and a possible continuation of that system through at least the southern section of LAB’s extensive property holdings where a fresh exploration program is now under way …Labrador Gold is the brainchild of GroundTruth founder and prolific Yukon explorer Shawn Ryan…3 years of recent exploration work on LabGold’s Kingsway Project outlined a very large Gold anomaly in till, vegetation and soil associated with the same fault zone structure that contains the NFG discovery…his theory that Newfoundland was grossly under-explored and contained rich precious metals deposits was certainly validated when LabGold’s immediate southern neighbor, New Found Gold, drilled its 93 g/t discovery hole…

3. The Dow, riding a 7-session winning streak, is up another 281 points in early trading to begin the new week…the S&P 500 is on the cusp of a fresh all-time high, within 1% of its February 19 record of 3,393, amid a rotation out of technology shares and into stocks that would benefit from a reopening of the economy and a vaccine, such as cruise lines and airlines…airline stocks surged for a 2nd straight day after Transportation Security Administration data out yesterday showed the number of travelers who went through airport screenings on Sunday was the highest since shutdowns began in mid-March…in Toronto, the TSX is under pressure due to Gold’s pullback with the TSX Gold Index off 23 points at 366…strong support exists in the 360’s…the Venture is down 25 points at 722 but is well supported at and just above 700…Metallis Resources (MTS, TSX-V) has completed its Phase 1 field program at its 100%-owned Kirkham Property in the Eskay Camp and is now preparing for the commencement of drilling, targeting high-grade Gold as well as a potential new district Nickel discovery at K-9 immediately southwest of the historic Northwest Zone at Nickel Mountain…GR Silver Mining has cut 6.8 m grading 716 g/t AgEq (191 g/t Ag, 1.9 g/t Au and 10.5% combined Pb-Zn) in latest drill results released this morning from the Plomosas mine at its Plomosas Silver Project in Sinaloa…results reveal the presence of wide zones of Gold mineralization in addition to attractive near-surface polymetallic (Ag-Pb-Zn) mineralization…results to date define a mineralized strike length of up to 700 m, with field evidence and underground mapping indicating further continuity along strike and down dip…Discovery Metals (DSV, TSX-V) has closed a $35 million private placement with Eric Sprott increasing his ownership on a non-diluted basis to 26.4%…

4. Wallbridge (WM, TSX) has cut 24.6 g/t Au over 15 m from the Lower Cayenne Zone at Fenelon, expanding the high-grade domain of this zone by 260 m downdip to a vertical depth of 825 m…“This impressive Gold intersection in hole FA-20–148 demonstrates that Tabasco-style wide, high-grade domains are also present in the Lower Cayenne Shear Zone,” stated Attila Pentek, VP-Exploration of Wallbridge…“Being 260 m below another strong intersection of Lower Cayenne in hole FA-19–059, it opens up another parallel structure at depth for high-grade resource growth potential. At a vertical depth of 825 m, this is also the deepest intersection of high-grade and high (>200) metal factor Gold mineralization so far at Fenelon”…

5. Brigadier Gold (BRG, TSX-V) has acquired an option to purchase a 100% interest in the 39 sq. km hectare Picachos Gold-Silver Property, centred over the historic Viva Zapata national mineral reserve in Sinaloa, Mexico…Picachos is located between Vizsla Resources‘ (VZLA, TSX-V) Panuco Project and GR Silver Mining’s Plomosas Project…more than 160 known historic underground mines, workings and prospects at Picachos are on Gold-rich veins such as San Agustin which has never been tested with diamond drilling…San Agustin mine underground channel sampling by a prior operator returned an average grade of 81.2 g/t Au and 73.4 g/t Ag across 1.2 m…BRG CEO Ranjeet Sundher commented, “Closing the Picachos acquisition marks our official entry into the Sierra Madre epithermal belt, which has seen tremendous drilling success from neighboring exploration companies. Brigadier is well funded, having closed $4.2 million in financings over the last 30 days, and is preparing to initiate a maiden 5,000 m drill program targeting the high-grade historic San Agustin mine. In addition to the high-grade San Agustin mine, Picachos offers exceptional exploration potential, with over 160 historic mines and workings throughout the Property”…the largest vein system at Picachos trends northeasterly for 7 km along a major fault zone…

6. Russian President Putin announced this morning the registration of what Russia claims to be the world’s first vaccine for COVID-19, and said one of his daughters had already taken it…“As far as I know, a vaccine against a new coronavirus infection has been registered this morning, for the first time in the world,” Putin stated…“Although I know that it works quite effectively, it forms a stable immunity and, I repeat, has passed all the necessary checks,” he added, though Putin’s words should be taken with a grain of salt…clinical trials of the Russian vaccine have been completed in less than 2 months and Phase 3 trials are set to begin tomorrow, despite the vaccine having already been “registered”…no data has yet been published by the researchers and the long-term effects and safety of this possible vaccine currently remain unclear…Dr. Scott Gottlieb, the former U.S. Food and Drug Administration commissioner, urged caution about Russia’s coronavirus vaccine, telling CNBC today that he would “certainly not” take it outside of a clinical trial where patients are closely monitored…“They’ve cleared the equivalent, really, of a Phase 1 clinical trial in terms of putting it in 100 to maybe as many as 300 patients so it needs to be evaluated in a large-scale clinical trial,” he said on “Squawk Box“…Russia’s vaccine development is “certainly not ahead” of the United States, added Gottlieb, who is a board member of Pfizer, which is developing a potential vaccine…

7. Silver remains the top pick for TD Securities due to its positioning levels…“Silver…remains our precious metal favorite as a clean positioning slate, strong investment flows and robust industrial demand combine for strong performance at a time when the microstructure creates a disincentive for Silver bullion traders to sell”…meanwhile, TD strategists noted yesterday – prior to Gold’s pullback today – that positioning in Gold was “increasingly bloated” and investors should be ready for modest consolidation…“The bulls are vulnerable to a modest consolidation in the macro drivers that have supported Gold length over the past few months. As positioning has grown to increasingly bloated levels, leaving little dry-powder remaining for the bulls, the frenzied retail speculation has further increased the risks of a positioning squeeze for Gold bugs”…the healthy pullback in Gold should be viewed as a buying opportunity, an ideal time to accumulate high quality plays that have been running hard recently and are now taking a much-needed breather…

How This Pandemic Will Ultimately Help Copper

Wuhan COVID-19 Virus Update

The Cost Of Doing Business With China (The CCP)

“Silver Lining”: Innovative Vancouver Company Provides Help During Crisis

COVID-19 Update

Smithers Shakes Off Turmoil For A Major 3-Day Event Connecting Hockey And The Resource Sector

Turbocharged Nickel

Commodity Check!

The Nickel Mountain Magma Highway

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

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

1. Spot Gold has traded between $2,028 and $2,051 so far today…as of 7:00 am Pacific, Gold is up $10 an ounce at $2,045…“It’s quite easy to see Gold going to $4,000,” U.S. Global Investors‘ CEO Frank Holmes told CBNC in an interview this morning…he pointed to the trillions of dollars needed in stimulus to help the U.S. economy during the pandemic, and added that G-20 finance ministers and central banks are “working together like a cartel and they’re all printing trillions of dollars. We’ve not seen this level where central banks are printing money at a zero interest rate. At zero interest rates, Gold becomes a very, very attractive asset class”…Silver has jumped 91 cents to $29.23…next measured Fib. resistance on the short-term chart is $31.33…Copper is making a big move, up 9 cents at $2.96…the economic recovery in China is helping Copper plus the broader base metal sector…Nickel has eased off 3 pennies to $6.43 while Zinc is steady at a $1.09…Crude Oil has gained $1 a barrel to $42.22 while the U.S. Dollar Index has slid one-tenth of a point to 93.32…Goldman Sachs has grown more optimistic about the arrival date for a coronavirus vaccine, causing it to upgrade its expectations for economic growth and cut its projection for the unemployment rate…the firm sees “at least one” vaccine approved by the end of 2020 and hitting the market for widespread distribution by the 2nd quarter of 2021, progress that will boost consumer spending and generate stronger GDP readings and employment next year…chaos in Chicago this morning, conveniently ignored of course by the likes of CNN and others in the mainstream media…videos circulating online show widespread looting and clashes with police across Chicago’s Magnificent Mile shopping district early today, sparked by a police-involved shooting hours earlier that left a young male wounded…social media users posted videos of hundreds of people looting stores such as Nordstrom, Walgreens, Macy’s, Coach, Gucci and Louis Vuitton…some exchanged gunfire with police at one point, although no officers were injured…“Absolute chaos in downtown Chicago with more overnight looting and vandalism in the Loop,” tweeted Ryan Baker, an anchor for WBBM-TV…“Appears to be coordinated effort with minimal police presence”…the United States is grappling with a new form of “urban guerrilla warfare” driven by the left’s “lust for power”, Attorney General William Barr told “Life, Liberty and Levin” yesterday…discussing the ongoing Black Lives Matter riots rippling through multiple U.S. cities, Barr told host Mark Levin that the organization, which has been characterized by much of the mainstream media as a fed-up activist group, comprises “Bolsheviks” with a focus on on “some form of socialism, communism…their tactics are fascistic”…

2. Silver continues to outperform and remains the top pick for TD Securities due to its positioning levels…“Silver…remains our precious metal favorite as a clean positioning slate, strong investment flows and robust industrial demand combine for strong performance at a time when the microstructure creates a disincentive for Silver bullion traders to sell,” TD Securities strategists write…on the other hand, positioning in Gold is “increasingly bloated” and investors should be ready for modest consolidation…“The bulls are vulnerable to a modest consolidation in the macro drivers that have supported Gold length over the past few months. As positioning has grown to increasingly bloated levels, leaving little dry-powder remaining for the bulls, the frenzied retail speculation has further increased the risks of a positioning squeeze for Gold bugs”, TD strategists added…

3. Barrick Gold (ABX, TSX; GOLD, NYSE) has reported 2nd quarter Gold production of 2.4 million ounces, at the mid-point of its 4.6 million to 5 million ounce annual guidance, driven by strong operating performances, particularly from operations in Nevada, Loulo-Gounkoto in Mali, and Kibali in the DRC…Barrick’s Copper portfolio continued to outperform with Lumwana in Zambia posting its best quarterly production in years…operating cash flow exceeded $1 billion for the quarter and free cash flow was $522 million…adjusted net earnings per share were 23 cents, up 44% from Q1 and well ahead of the market consensus, debt net of cash was reduced by almost 25% to $1.4 billion from the end of Q1, and the quarterly dividend was increased by 14% to 8 cents per share…the quarterly dividend has more than doubled since the announcement of the merger between Barrick and RandGold in September 2018…the non-core asset disposal strategy, which is ongoing, has so far delivered value of $1.5 billion of which $1.25 billion was in cash…

4. AUX Resources (AUX, TSX-V) has commenced a 3,500-m drill program at its Georgia Project, including the past producing Georgie River mine, in Northwest B.C.’s high-grade Stewart Camp…“We are all excited to have the drills turning on the Georgia Project,” commented new CEO Ian Slater…“Historic drilling of the deposit indicates exceptional Gold grades in a system that was never drilled off. Our new model suggests that the historic intercepts were at the periphery of a much larger mineralized system, and we are eager to test the team’s ideas”…over the past decade AUX has been consolidating the land package surrounding the mine, compiling and reinterpreting the historic data, as well as advancing the geologic understanding through improved mapping, sampling and geophysics…this work ultimately generated a new genetic model for the mineralization in the area…this model, supported by a robust data set, suggests the presence of a large intrusion-related mineralizing system, of which the Georgie River mine is situated at the margin…this drill program will be the first test of this new and innovative model for mineralization in the area…drilling will focus on extending known ore shoots from the mine; testing newly developed, highly prospective target outside of the known deposit; and assessing and substantiating the non-compliant historic high-grade resource at the Georgie River mine which last operated about 80 years ago…it contains 1.2 km of underground access on 3 levels…

5. The Dow, riding a 6-session winning streak, is up another 236 points in early trading to begin the new week…Wall Street took comfort from President Trump’s actions over the weekend when he signed several executive orders aimed at extending COVID-19 relief measures, putting pressure on Congress to act…in Toronto, the TSX has added 59 points while the Venture has jumped 13 points to 753…Canadian Natural Resources (CNR, TSX, NYSE) is buying smaller rival Painted Pony Energy (PONY, TSX) for about $461 million including debt, as Canada’s biggest Oil and gas producer seeks to expand its Western Canada acreage….Corvus Gold (KOR, TSX) has received approval to up list to NASDAQ and will begin trading under the symbol KOR on Wednesday…Corvus‘ common shares will continue to trade on the TSX under the same symbol “KOR“…Jeffrey Pontius, President and CEO of Corvus, said, “I am proud to announce that Corvus is now the 6th Gold equity on the NASDAQ. This rare feat of up-listing to a major, well recognized exchange gives the Company increased access to the largest pool of investor capital in the world. The NASDAQ is known to be in the forefront of exhibiting exciting, growth-orientated companies and we at Corvus believe our exploration activity and efforts showcase these traits. As the Gold market continues to show strength, an increased exposure to a broader audience could bring more value to shareholders”…accumulation of Inomin Mines (MINE, TSX-V) continues…the company has just 16.5 million shares outstanding for a market cap of just $3.3 million…the stock came to life last week after the company announced that has acquired 2 Mexican Gold properties of merit including an advanced exploration play (La Gitana) in the Oaxaca Gold-Silver belt hosting s significant Gold-Silver epithermal system defined by 40 historic drill holes including 133.5 m grading 1.78 g/t Au and 100.7 g/t Ag beginning just 21 m downhole…MINE says it’s assessing other potential Gold and Silver acquisition opportunities…it also owns a 100% interest in the Beaver-Lynx Class 1 (sulphide) Nickel project in south-central British Columbia near the Gibraltar mine…MINE is up 3.5 cents at 20 cents through the first 30 minutes of trading…

6. Osisko Mining (OSK, TSX) has drilled 202 g/t Au over 28 m core length at its Windfall Gold Project in James Bay…this drill hole (OSK-W-20–2059-W4) intercepted the mineralized zone at a lower than usual core angle (20 degrees), resulting in an estimated true width of approximately 30% (9 m) of the core length, but that’s still an exceptional result…the interval expands the Lynx 348 Wireframe by 25 m to the southwest…Osisko President and CEO John Burzynski commented, “Lynx has once again delivered very impressive results, giving us one of the highest-grade intercepts in our drilling to date. Our infill drill program continues to highlight the high-grade continuity within the resource area, which remains open down plunge and importantly, towards surface”…22 drills are active at Windfall, including 16 on surface and 6 underground, all currently focused on the Lynx deposit…

7. This strong earnings season is giving Goldman Sachs more conviction that companies can recover from the COVID-19 recession faster and stronger than expected…the Wall Street firm has hiked its 2020 S&P 500 earnings estimate to $130 per share from $115 per share…Goldman’s new estimate implies about a 20% decline in growth for earnings compared to last year…“Earnings season is coming to a close and S&P 500 results cleared an extremely low bar,” Goldman Sachs chief economist David Kostin told clients…

How This Pandemic Will Ultimately Help Copper

Wuhan COVID-19 Virus Update

The Cost Of Doing Business With China (The CCP)

“Silver Lining”: Innovative Vancouver Company Provides Help During Crisis

COVID-19 Update

Smithers Shakes Off Turmoil For A Major 3-Day Event Connecting Hockey And The Resource Sector

Turbocharged Nickel

Commodity Check!

The Nickel Mountain Magma Highway

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