Hut 8’s Post

If you can find the right asset that has been run down by bad management there are some great opportunities in this current market.

We're excited to share that PX4 Software has launched in Greenland, allowing users to add and manage a range of generic licence types! Experience the future of mining rights (licence) management with advanced tools tailored to streamline rights governance and faciliate compliance in this unique environment. Discover how PX4 has transformed mining rights management in the land of glaciers and endless horizons. #PX4 #PX4Software #GreenlandMining #Mining #MiningIndustry #MiningNews #TenementManagement #ClaimManagement #Tenement #LandAccess #Operations #MiningTechnology #MiningSoftware #License #Approvals #miningrights #LeaseManagement #Compliance #Jurisdiction

Exciting update from Dolly Varden Silver Corporation (TSXV: DV.V)! ✨ Here are three key takeaways from the recent drill results: 1. 🔍 Enhanced Exploration - The findings expand the potential for further resource discovery and underscore the strength of DV.V's exploration strategy.    2. ⚒️ Robust Infrastructure - The promising results support the company's commitment to developing high-grade silver resources and indicate strong infrastructure to drive future growth. 3. 📈 Market Confidence - These outcomes will likely bolster investor confidence, reflecting positively on DV.V's market trajectory and long-term prospects. Stay tuned for more developments and industry insights. 🌐 #Mining #Silver #ResourceExploration #Investing #TSXV @[Diana Zoppa] Full disclosure: we are shareholders.   https://lnkd.in/gvmhGvvX MineStockers Inc  Kevin Dwyer   CEO, Head Trader 

📢 🥇 LIVE WEBINAR 🥇 📢 April 17th @ 16:00 London | 11:00 New York | 08:00 Vancouver You are invited to "Gold. The Real Thing" webinar hosted by Mining Network & Arlington Group Asset Management Limited. We will hear from, 3 'mining billionaires' i.e. men that manage $1 billion or more of mining investments, one of North America's most followed momentum and structural analysts and the 'macro man of the moment’ that can explain why Gold IS The Real Thing. Register here 👉 https://lnkd.in/eRBDu7uM Simon Catt is joined by a legendary line-up including: Eric Sprott - a legend in the world of mining investment with a $ billion family office, founded Sprott Securities and Sprott Asset Management. Eric’s influence across Canadian mining finance is as significant as anyone alive today. Pierre Lassonde - founder of the worlds largest and most successful gold royalty company, Franco Nevada and philanthropist, is sometimes known as ‘the Fire Starter”. When your name becomes a noun aka “The Lassonde Curve” describing the typical lifecycle of a junior mining company you know you have had an impact on your industry. Ned Naylor-Leyland - fund manager of the Gold & Silver Fund at Jupiter Asset Management in London is, we think, the foremost silver bull and expert in the world with the possible exception of Eric Sprott. Luke Gromen - macro commentator and founder of “Forest For The Trees” connects the dots better than anyone we know explaining how and why The US Treasury and Federal Reserve policy interacts with BRICS+ determination to create an alternative to US dollar reserve asset base backed by gold. Michael Oliver - founder of “Momentum Structural Analysis”, is one of North America’s best followed technical analysts in his April 7th 2024, 360 degree Weekend Report said: “We expect that before the 2024 [United States] election there’s a solid chance silver will be well above its $50 [per ounce] price highs of the past fifty years.” #Gold #Webinar #Silver

Read article: https://lnkd.in/gDTHcaij Red 5-Silver Lake Resources to merge. Red 5 Limited Silver Lake Resources #australianmining #miningnews #mining #red5 #silverlakeresources

Some thoughts on copper and mining markets here as well as a chat about our acquisition of Universal Copper which we announced yesterday. Right now it’s cheaper to buy pounds of copper and ounces of gold than to drill them. That will change.

🚨 BREAKING: Eskay Mining & P2 Gold Forge Groundbreaking Merger Deal! 🚨 In a groundbreaking move, Eskay Mining Corp. and P2 Gold Inc. have announced a preliminary deal to merge their gold-focused exploration efforts. Led by industry veteran Joe Ovsenek, this strategic partnership signals a significant development in the mining landscape. Eskay Mining's exploration of the Eskay-Corey project in Northern B.C., nestled amidst a corridor of gold-rich mineralization, holds immense promise within the Golden Triangle. Meanwhile, P2 Gold's Gabbs project in Nevada boasts substantial resources, bolstering its reputation as an exploration powerhouse. Under the terms of the non-binding letter of intent, Eskay Mining would acquire P2 Gold in an all-shares transaction, with Eskay shareholders holding 80% ownership and P2 Gold shareholders retaining the remaining 20%. With Ovsenek at the helm as president and CEO, and Eskay Mining's Mac Balkam assuming the role of chair, the merged entity is poised for success. The focus on Eskay-Corey as the inaugural project underscores the shared vision of both companies, with exploration activities set to commence ahead of the merger's completion. This proactive approach highlights the commitment to maximizing the potential of Eskay-Corey and capitalizing on the collective expertise amassed over decades of exploration in the Golden Triangle. As negotiations progress towards a definitive agreement, slated for completion by the end of June, the excitement surrounding this merger continues to build. Anticipation is high for the finalized transaction by October, paving the way for a new chapter of innovation, growth, and discovery in the dynamic world of resource exploration. What are your thoughts on this exciting development? #MiningNews #GoldenTriangle #ExplorationExcellence #EskayMining #ResourceExploration #MergerMania #BCMining #NevadaGold #InnovationInMining #JoeOvsenek #MacBalkam #StrategicPartnerships #MiningIndustry #GoldExploration #SilverMining #CopperResources #InvestmentOpportunity #FutureOfMining #BusinessMerger #MineralExploration

We initiated coverage of Auric Mining Limited (ASX:AWJ) back in June 2021, long before the substantial market re-rating that the stock is enjoying now. AWJ maintains a portfolio of projects situated within the highly prolific Eastern Goldfields of Western Australia – comprising Jeffreys Find, Widgiemooltha and Spargoville. The company’s relatively low-risk incremental growth strategy is based upon self-sustaining development at each of its planned gold operations. AWJ’s 50% share of the net cash surplus from Stage One mining at Jeffreys Find was $4.77M, and Stage 2 has recently commenced, with 70% more tonnes expected to be mined and processed. By bringing in a 50% operating partner, AWJ has avoided the time, complexity, and costs of mobilizing equipment and hiring contractors independently, as well as eliminating the requirement for it to fund its proportionate share of working capital for the project. This has allowed to realise returns from Jeffreys Find far quicker than if it was running the project on a stand-alone basis, enabling it to take full advantage of the strong A$ gold price environment, and to build cash ahead of developing its second mining project, Munda, in late 2024/early 2025. Mark English #gold #equities #resources #mining #commodities #ausbiz

 West Red Lake Gold Mines Ltd. (“West Red Lake Gold” or “WRLG” or the “Company”) (TSXV: WRLG) (OTCQX: WRLGF) is pleased to announce that, further to an unsecured convertible promissory note dated August 24, 2023 in the amount of US$5,533,094 for deferred consideration related to the acquisition of Pure Gold Mining Inc. (the “Obligation”) between the Company and a fund managed by Sprott Resource Lending Corp (“Sprott”), the Company has received A Conversion Election Notice from Sprott to convert US$2,631,463 of the Obligations into 6,900,000 units in the capital of the Company at a conversion price of C$0.52 per unit (the “Units”), with each Unit consisting of one common share of the Company and one share purchase warrant which is exercisable into one common share of the Company until November 28, 2026 at an exercise price of C$0.68 per common share. (Refer to news release of June 19, 2023, and August 14, 2023 for more details.) Issuance of the 6,900,000 Units are subject to final approval of the TSX Venture Exchange. https://lnkd.in/dq_WNV3Q #mining #discovery #gold #invest #news #latest #stock

**Black Cat Syndicate Limited secures $36m to restart Paulsens #gold mine** - Black Cat Syndicate has secured $36m (A$54.27m) from institutional and sophisticated investors to refurbish the #Paulsens gold mine's #processing facility and restart mining. - The funding, priced at $0.27 per share, includes firm commitments and is backed by existing shareholders and new investors from North America and Australia. - The placement will occur in two tranches: the first tranche will raise $20.4m by issuing 75.7 million new shares by 13 June 2024, and the second tranche will raise $15.6m by issuing 57.6 million new shares, pending shareholder approval. - Directors of Black Cat will contribute $3.8m to the investment, which also enabled the termination of a A$6m Sundy convertible note without costs. - The funds will be used to implement a high-grade stockpile strategy, start rehabilitation activities, order new mobile equipment, advance mining approvals at Kal East, upgrade the Coyote scoping study to a prefeasibility study, and further studies for the Mt Clement antimony deposit. #mining #mineralexploration #mineralprocessing