With market valuations stretched, investors are pushing into “anti-bubble” opportunities.
At the top of that list is gold.
But it’s not your typical large-cap gold stock offering meteoric potential.No, it’s the smaller junior mining companies that could turn your average investor into a millionaire – with patience.
But how do you spot the next big mover?
The easiest way is to follow the companies seeing the biggest exploration success.
For one, with plenty of near-term catalysts for gold, there’s a good deal of potential.
Emgold Mining Corporation, a mining company which owns a portfolio of mining assets in mining-friendly jurisdictions of Nevada and Quebec.
Emgold’s business model is based on acquisitions and divestitures common in the real estate business. The Company looks to acquire undervalued assets, add value through exploration, and to move to quickly monetize assets through divestiture – the analogy is to hit singles, doubles, triples, and home runs with multiple opportunities, rather than focus on one core asset and the goal of taking it to production.
One is Nevada, which has a history of stable permitting, exploration, and mining jurisdictions, with plenty of gold. In fact, Nevada produced approximately 5.8 million ounces of gold, or about 83% of U.S. production in 2018.
The second one is in Quebec, which produced around two million ounces of gold in 2018, or approximately 34% of overall Canadian production. Better, both have excellent geology, and incredible potential for discovery, acquisition, enhancement, and divesture of projects.
The best part – growth is not an issue.
Just over the last several months:
A simple calculation shows that if Emgold were to sell their shares in above companies, the cash proceeds would equal to their current market cap.
Thus, the market is currently giving no value to any of the remaining mining assets within Emgold’s impressive portfolio.
One of which, as an example, is the Golden Arrow asset that has already a measured and indicated resource estimate of 296,500 ounces of gold and 4.0 million ounces of silver.
It is in these types of valuation mismatches that we have often found the greatest market opportunities. This is Gold for free!
Better, Emgold signed a $22.5 million joint venture deal with Kenecott Exploration on its New York Canyon project in Nevada.
Kennecott, by the way, is a subsidiary of Rio Tinto, one of the world’s biggest mining companies (NYSE:RIO). The deal will allow Kennecott to earn approximately 75% interest in the Property by completing US$22.5 million in exploration expenditures.
Kennecott staked 265 unpatented mineral claims, expanding the Property to 21 patented and 417 unpatented mineral claims, totaling approximately 8,700 acres.
Plus, over the last year, Emgold Mining Corporation successfully expanded its portfolio of assets in the Nevada and Quebec hot zones. As of 2019, Emgold Mining Corporation had the:
In addition, the Company completed a drill program at its Casa South Property, QC. Significant work was done collecting and organizing exploration data from acquisitions.
In addition, some of its top assets include:
When evaluating the potential for any energy exploration investment, it’s important to examine the quality of the company’s management.
David G. Watkinson, B.Sc., P.Eng. – President, Chief Executive Officer, Director
David Watkinson brings over 30 years of professional engineering experience in underground and open pit mine development, including mine permitting, engineering, feasibility, construction, and operations to Emgold.
In addition, he has extensive experience in project management, having taken projects from grass roots start-up to successful operating status. Mr. Watkinson has been responsible for management of large capital projects and operations in Canada, the United States and the Philippines. He has held progressively senior positions with Placer Dome Inc., Kinross Gold Corporation, Thyssen Mining Construction and Vulcan Materials Company. Mr. Watkinson holds a B.Sc. in Applied Science, Mining Engineering, from Queen’s University in Kingston, Ontario (1985) and is a Registered Professional Engineer in the Province of Ontario.
Robert Rosner—Chief Financial Officer
Rosner has significant experience as a mining industry entrepreneur and executive. He currently serves as Director, President and CEO of Lucky Minerals, Director and CFO of Chimata Gold Corp, as well as holds Director and Executive positions on several Canadian and USA based public companies. Mr. Rosner has over 30 years of experience in the mining industry and acted as an officer and director of both Canadian and U.S. listed companies, providing senior management of reporting compliance, oversight and fiduciary capacities, and directing corporate activities. He also has significant experience in Initial Public Offerings, Mergers & Acquisitions, and reverse takeovers.
Alain Moreau, BS, MS., P.Geo. – Director of Exploration
Alain Moreau is a Professional Geologist and member of the Order of Quebec Geologists. He has 30 years of experience in exploration for minerals and metals and has worked exploring a variety of deposit types across North America and the world. Mr. Moreaus is Emgold’s Qualified Person as defined by National Instrument NI 43-101 for Emgold’s properties in Quebec.
Robert C. Pease, B.Sc., M.Sc., CPG.- Consulting Geologist
Robert C. Pease is a Professional Geologist with a B.Sc. (1976) and M.Sc. (1979) in geology from University of Nevada, Reno. He has 40 years of diversified experience in mineral development and engineering geology in the mining and construction industries. He has managed exploration projects and his field geology work led to discoveries of lode and placer gold and bedded barite deposits in Nevada and California.
He has an extensive background in Mother Lode and Basin-Range geology applied to gold deposits and industrial minerals; surface and underground geologic mapping; core and RC drilling and sampling in difficult ground conditions; engineering geology, and project reclamation. He is also experienced with geologic modeling using MineSight three-dimensional software. He was employed as Emgold’s Chief Geologist from 2004 to 2014 and is Emgold’s Qualified Person as defined by National Instrument NI 43-101 for Emgold’s properties in the U.S. He is a member of the American Institute of Professional Geologists.
Perry Grunenberg, B.Sc., P.Geo. — Consulting Geologist
Perry Grunenberg is a Professional Geologist and member of the Professional Engineers and Geoscientists of B.C. He has 30 years of experience in exploration for metals and diamonds and has worked exploring a variety of deposit types across North America. Mr. Grunenberg is a graduate of the University of British Columbia and is Emgold’s Qualified Person as defined by National Instrument NI 43-101 for Emgold’s properties in B.C.