Wednesday, January 11, 2012

Gold Getting Ready To Run Again?

Some companies that you should take a closer look at...

Edgewater Explorations (EDW:TSXV)

dgewater Exploration is a Canadian-based mineral exploration and mine development company with gold assets in prolific gold regions Ghana West Africa and La Coruña, Spain.

Together with FeatherStone Capital Advisors, Edgewater successfully secured two mid-stage gold projects from Red Back Mining and Lundin Mining. Red Back Mining, now Kinross Gold Corp. optioned to Edgewater the Enchi Gold Project in West Africa, Ghana, located 70 km southwest of Kinross’ 5 million oz Chirano Gold Mine. The Enchi Gold Project covers a 40 Km strike length of the Bibiani Shear Zone that hosts a number of major gold mines and deposits including the Chirano Gold Mine and the 5 million oz Bibiani gold deposit. Ghana is the second largest gold producer in Africa with 2009 production totalling 2.9 million ozs.

In Addition, the Company owns a 100% interest in the Corcoesto Gold Deposit (”Corecoesto”) in northwest Spain as well as an additional 7 gold and gold-copper projects totalling 50,013 ha in southwest Spain. An updated Technical Report was recently filed for Corcoesto by Alan Noble, P.E. of Ore Reserves Engineering. The Report estimates a Measured and Indicated resource of 5,722,000 tonnes grading 1.74 g/t gold and containting 325,000 ozs of gold (0.65g/t gold cut-off) with Inferred Resources of 20,265,000 grading 1.76 g/t gold containing 1,149,000 ozs of gold. Open in many directions Edgewater believes the under-explored asset has the potential to expand beyond the current Resource Estimate. Edgewater has begun a scoping study on the Corcoesto Gold Project and has a 35,000m diamond drilling program underway in Ghana.

Corvus Gold (KOR:TSX)

Corvus Gold Inc. is engaged in the acquisition and exploration of gold-related mineral properties located in Alaska and Nevada. As a spin off of International Tower Hill Mines, the company currently holds four prospective projects in Alaska and one project in Nevada ranging from early stage to advanced exploration. Three of these projects have current National Instrument 43-101 compliant estimated Indicated and Inferred resources.

Corvus’s mandate is to become a non-operating gold producer with significant carried interest and royalty exposure. To meet this objective, the Company has joint ventures on each of its Alaskan projects and anticipates that these projects will have significant partner funded work taking place in 2011 with the potential for additional partner funded work for 2 – 4 years afterwards. In Nevada , Corvus controls a 100% interest in the North Bullfrog Project which has a number of high priority, bulk tonnage and high-grade vein targets which was explored by a Phase I 17,820-metre drill program completed in June 2011 that resulted in an updated resource report in October 2011. With a current size of 1.6M oz gold indicated and inferred resources, a preliminary economic assessment of the project is currently underway and is expected in Q1 of 2012.

Tasman Metals TSX.V : TSM (TAS:NYSE)

Tasman Metals Ltd (TSX.V : TSM; Frankfurt : T61; NYSE-AMEX: TAS) is a Canadian mineral exploration and development company focused on Strategic Metals in the European region.

Strategic metal demand is increasing, due to their unique properties that make them essential for high technology and environmentally-beneficial applications. Strategic metals include the 15 rare earth elements (“REE”), and also zirconium, yttrium and niobium. Since over 95% of REE supply is currently sourced from China, the EU is actively supporting policy to promote the domestic supply of strategic metals to secure high-tech industry. Wind turbines and hybrid vehicles like the Toyota Prius simply cannot be built without rare earth minerals.

Tasman’s exploration portfolio is uniquely placed, with the capacity to deliver “high-tech” metals from politically stable, mining friendly jurisdictions with developed infrastructure.

Ucore Rare Earths (UCU:TSXV or UURAF:OTC)

Ucore Rare Metals Inc. is a well-funded junior exploration company focused on establishing REE, uranium and other rare metal resources through exploration and property acquisition. With multiple projects across North America, Ucore’s primary focus is the 100% owned Bokan – Dotson ridge REE property in Alaska. The Bokan – Dotson ridge REE project is located 60 km southwest of Ketchikan, Alaska and 140 km northwest of Prince Rupert, British Columbia and has direct ocean access to the western seaboard and the Pacific Rim, a significant advantage in expediting mine production and limiting the capital costs associated with mine construction.Ucore Rare Metals Inc. is a well-funded junior exploration company focused on establishing REE, uranium and other rare metal resources through exploration and property acquisition. With multiple projects across North America, Ucore’s primary focus is the 100% owned Bokan – Dotson ridge REE property in Alaska.

The Bokan – Dotson ridge REE project is located 60 km southwest of Ketchikan, Alaska and 140 km northwest of Prince Rupert, British Columbia and has direct ocean access to the western seaboard and the Pacific Rim, a significant advantage in expediting mine production and limiting the capital costs associated with mine construction.The Bokan properties are located in an area reserved for sustainable resource development with an existing road network providing access to the main target areas. REE mineralization at the Bokan-Dotson ridge project occurs in a well-demarcated vein system related to a Mesozoic Bokan peralkaline granitic complex. However, a number of other occurrences of REE mineralization are also located within, or at the margins of the complex. Viewed in a geological and geophysical context, the Bokan complex is a distinctive circular structure and is highly prospective for rare earths deposits.

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