Proactive will be featuring more growth stocks next week at its first 'North American Gold Developer conference,' which will be hosted virtually from New York on Tuesday, July 14.
Gold is the precious metal of the moment, with the price reaching nine-year highs amid the coronavirus crisis and concerns about the global economy.
This, of course, is creating growing investor interest across the mining sector and Proactive has brought together three exciting gold-focused small-caps with big plans to take advantage of gold's recent rise.
The panel of company bosses will also be joined by Joe Mazumdar, who writes a mining newsletter, and who will provide his analysis of the current macro picture for gold.
In a recent interview, he suggested that investors interested in the sector should focus, during the pandemic, on mining companies which are actively working to move projects forward.
Proactive’s One2One Virtual Investor Forum will take place at 1pm EST on Tuesday. To register for the event, please click HERE
West Vault Mining controls properties in the prolific Walker Lane trend in southern Nevada. The US state that was said to be the best jurisdiction for investing in mining in the world by the Fraser Institute last year.
The firm's flagship asset is a 75% stake in the Hasbrouck gold project near the mining town of Tonopah, which is a permitted, shovel-ready open-pit mine, boasting 762,000 proven and probable ounces.
WATCH: West Kirkland Mining looks to receive permits on second phase of its Nevada-based gold project
The first part of the project - a three year open pit at Three Hills - is permit ready, while the firm is currently finalizing the permitting of the larger Hasbrouck part of the project. To tell us more about this exciting asset will be chief executive Michael Jones.
Elsewhere, new kid on the block KORE Mining (CVE:KORE), founded around two years ago, has already built up a portfolio of four enviable advanced gold projects in North America, three of which are district scale.
Big hitters Macquarie Bank and Eric Sprott have also already put money into the company, while management is closely aligned with shareholders, owning around 38% of capital.
The group recently announced a positive preliminary economic assessment (PEA) for its Imperial asset in California, which has the potential to be a simple run-of-mine heap leach project with strong economics. Its net present value was put at US$343 million with initial capital required estimated at US$143 million.
Newsflow is likely to be strong in coming months as the firm is drilling at its FG gold project, currently permitting for drilling at the Long Valley and Imperial projects, with work expected to kick off at these sites in the Fall. Chief executive Scott Trebilcock will have all the details for us.
Last but not least, Integra Resources (CVE:ITR) is led by the same team that developed and sold the firm in its previous incarnation as Integra Gold and its Lamaque project in Quebec to Eldorado Gold for C$600 million in 2017.
Attention now is on exploring and de-risking the past-producing DeLamar gold-silver project in Idaho, USA, where a 2019 preliminary economic assessment (PEA) showed an economically robust, low-cost operation.
WATCH: Integra Resources ramping up its drilling program at its DeLamar Gold-Silver Project in Idaho
That envisaged annual production of 124,000 ounces of gold equivalent at all-in-sustaining-costs of US$742 per ounce gold equivalent. The after-tax net present value (NPV) was put at US$472 million, with a 5% discount.
A lot of infrastructure is already in place, such as roads and power. The previous DeLamar mine on the site closed in 1998 due to low metal prices. It generated 1.6 million ounces of gold and 100 million ounces of silver.
The drillbit is currently turning at the project and the firm is looking forward to a summer of more results following on from last year's successful assays.
Chief executive George Salamis will be joining us virtually to discuss current activity.
Proactive is one of the fastest-growing financial media portals in the world, providing breaking news and analysis on companies across the globe. It regularly organizes large investor events in London, New York, and Sydney.