Forum Energy reveals completion of Rio Tinto-led exploration campaign at Janice Lake (FMC)

Tuesday saw Forum Energy Metals (TSX.V:FMC) announce the completion of a Rio Tinto-led exploration campaign on its Janice Lake sedimentary copper project in Canada.

Forum revealed it had received final assay results from the remaining 12 drill holes completed by Rio Tinto Exploration Canada, who undertook the work as part of a seven-year $30m option to earn 80% of Janice Lake. In combination with previous assays, the work has successfully confirmed and extended copper mineralisation at the asset’s Jansem and Janice targets.

At Jansem, nine holes in total have delineated copper mineralisation for 650m long by 200m wide by thicknesses of up to 66m. The target also remains open to the southwest and northeast and at depth. Highlight intersections from the latest round of work at Jansem include hole JANL0016, which intersected 51.8m grading 0.57% Cu and 1.50 g/t Ag. This includes 9.1m of 1.09% Cu and 1.39 g/t Ag and 5.0m grading 1.32% Cu and 3.42 g/t Ag.

Meanwhile, nine holes have delineated copper mineralisation for 1.2km long by 400m wide by thicknesses of up to 57m at the Janice target. Like Jansem, the target remains open to the southwest and northeast and at depth. Highlights from the latest round of drilling include hole JANL0007, which intersected 22m grading 0.37% Cu and 2.82 g/t Ag.

Elsewhere, Rio Tinto also drilled several holes at a Janice Lake target called Kaz. Hole JANL0011 was drilled to a depth of 274 metres and intersected mostly psammo-pelitic to pelitic gneisses and meta-conglomerates that contained minor remobilised native copper and rare chalcocite.   A significant fault was noted at 188m, and the remainder of the hole was in the lower Janice Lake Fm. meta-conglomerates.

The holes were located around 400-500 to the south of a historical copper showing at Kaz made by Noranda, who followed up a series of copper-bearing boulders with a hole that intersected 0.32% copper over 15m. Forum said that further drilling on the target would have to be located closer to the original holes to gain a greater understanding of this showing’s control and orientation.

Forum and Rio Tinto’s technical teams are now reviewing the latest round of drill data, and more thorough analysis and interpretation of results will be ‘forthcoming’.

Rick Mazur, Forum’s president and CEO, said Rio Tinto’s drilling programme had intersected thick zones of flat-lying, stratabound chalcocite and native copper mineralisation with excellent continuity and near-surface grades.

‘Deeper drilling has demonstrated that multiple horizons of copper mineralisation are present. We are gaining confidence that Janice Lake is a strongly mineralised system, as new data generated by this program helps us to understand the full potential of this 52km long sedimentary copper basin,’

Janice Lake, which is based in Saskatchewan’s Wollaston Domain, boasts a 52km-strike length containing significant concentrations of sediment-hosted copper showings. Drill core logging and petrographic studies have suggested that copper is hosted by mafic-rich stratigraphy within more felsic units at the asset, suggesting multiple layers of copper mineralisation could be present.

As well as developing targets for future drill programmes, Forum and Rio Tinto hope to determine the dip and attitude of copper mineralisation at Janice Lake while also locating its multiple strata-bound copper-bearing horizons.

Location of the target areas on the Janice Lake project (Source: Forum Energy Metals)

Tuesday’s update follows the news last month that Forum has launched a critical survey on its Fir Island uranium project in Canada to generate targets for a drill programme early next year.

The business has contracted Patterson Geophysics to complete a ground IP-resistivity survey at the asset, which is based on the north rim of Saskatchewan’s Athabasca Basin. This will consist of nine lines for approximately 32km targeting the East Channel structure- a significant lineament parallel to and associated with the Snowbird Tectonic Zone. This area is a major structural corridor that hosts Cameco’s Centennial deposit near the Athabasca Basin’s southern rim.

The latest survey is expected to complete by mid-December and aims to highlight areas of maximum alternation and tectonization associated with uranium mineralisation along the formation. It is expected to be followed by a diamond drill program next year and will be funded entirely by Orano Canada as part of its option agreement to earn up to a 70pc stake in Fir Island. As announced by Forum earlier in November, Orano can spend up to $6m in exploration by December 2023 to earn this position.

The north end of the East Channel was previously investigation by Forum in 2015 when five holes provided several excellent indicators for the discovery of nearby uranium mineralisation. That year also saw Forum complete five holes on the Snowbird Tectonic Zone, with one returning up to 63.8m at 0.48pc cobalt.

Author: Daniel Flynn

The Author does not hold any position in the stock(s) and/or financial instrument(s) mentioned in the piece.

MiningMaven Ltd, the owner of MiningMaven.com, does not own a position in the stock(s) and/or financial instrument(s) mentioned in the piece.

MiningMaven Ltd, the owner of MiningMaven.com, has been paid for the production of this piece by the company or companies mentioned above.

MiningMaven.com and MiningMaven Ltd are not responsible for its content or accuracy and do not share the views of the author. News and research are not recommendations to deal, and investments may fall in value so that you could lose some or all of your investment. Past performance is not an indicator of future performance.

Forum Energy and Orano launch key Fir Island survey ahead of drilling programme (FMC)

Forum Energy Metals (TSX.V-FMC) has launched a key survey on its Fir Island uranium project in Canada to generate targets for a drill programme early next year.

The business has contracted Patterson Geophysics to complete a ground IP-resistivity survey at the asset, which is based on the north rim of Saskatchewan’s Athabasca Basin. This will consist of nine lines for approximately 32km targeting the East Channel structure- a major lineament parallel to and associated with the Snowbird Tectonic Zone. This area is a major structural corridor that hosts Cameco’s Centennial deposit near the Athabasca Basin’s southern rim.

The latest survey is expected to complete by mid-December and aims to highlight areas of maximum alternation and tectonization associated with uranium mineralisation along the formation. It is expected to be followed by a diamond drill program next year and will be funded entirely by Orano Canada as part of its option agreement to earn up to a 70pc stake in Fir Island. As announced by Forum earlier this month, Orano can spend up to $6m in exploration by December 2023 to earn this position.

The north end of the East Channel was previously investigation by Forum in 2015 when five holes provided several excellent indicators for the discovery of nearby uranium mineralisation. That year also saw Forum complete five holes on the Snowbird Tectonic Zone, with one returning up to 63.8m at 0.48pc cobalt.

The image below shows the location of Forum’s claims, structural corridors and drill holes at Fir Island, as well as the area of its resistivity study.

Forum’s deal with Orano – one of the world’s largest uranium miners – is its second with a major player in 2019. Earlier this year, the firm revealed that Rio Tinto Exploration had entered a seven-year, $30m option to earn 80pc of its Janice Lake project. 

Janice Lake, which is based in Saskatchewan’s Wollaston Domain, boasts a 52km-strike length containing significant concentrations of sediment-hosted copper showings. Drill core logging and petrographic studies have suggested that copper is hosted by mafic-rich stratigraphy within more felsic units at the asset, suggesting multiple layers of copper mineralisation could be present.

Rio Tinto Exploration is planning to spend $3m (CDN) on Janice Lake in 2019 and has already completed a 21-hole (5,209m) drill program as well as a detailed airborne magnetic survey. As well as developing targets for future drill programmes, the business hopes to determine the dip and attitude of copper mineralisation at Janice Lake while also locating its multiple strata-bound copper-bearing horizons.

Rio Tinto has already delivered many highly promising assay results from its work, significantly building up the project’s strike length and width. A detailed description of the most up-to-date results from this work can be found here.

To watch a recent video from Visual News Services, in which Forum’s director Burns Singh Tennent Bhohi discusses the Fir Island deal and providing an in-depth review of the project’s potential, please click here.

Author: Daniel Flynn

The Author does not hold any position in the stock(s) and/or financial instrument(s) mentioned in the piece.

MiningMaven Ltd, the owner of MiningMaven.com, does not own a position in the stock(s) and/or financial instrument(s) mentioned in the piece.

MiningMaven Ltd, the owner of MiningMaven.com, has been paid for the production of this piece by the company or companies mentioned above.

MiningMaven.com and MiningMaven Ltd are not responsible for its content or accuracy and do not share the views of the author. News and research are not recommendations to deal, and investments may fall in value so that you could lose some or all of your investment. Past performance is not an indicator of future performance.

Rio Tinto launches drilling programme at Forum Energy’s Janice Lake project (FMC)

Monday saw Canadian exploration business Forum Energy Metals (TSX.V:FMC) reveal that its partner Rio Tinto has kicked off a major drilling project on the Janice Lake copper project in northern Saskatchewan. Rio Tinto Exploration Canada, which is planning to spend c.$3m on Janice Lake in 2019 as part of a seven-year, $30m option to earn 80pc of the project, is looking to drill 20 to 30 holes as part of the 7,000m programme.

The work, which is being assisted by a helicopter and completed using two rigs, is centred around areas of known copper mineralisation. Specifically, the project team has prioritised four project areas called Jansem, Janice, Kaz, and Genie North (Juno.

One of four holes drilled by Forum’s initial programme last year intersected 18.5m grading 0.94pc copper and 6.7g/t silver at Jansem, including 5.2m grading 2.22pc copper and 16.5g/t silver. Meanwhile, mining company Noranda historically hit 33m grading 0.77pc copper and 15.1m grading 0.32pc copper at Janice and Kaz respectively. Finally, Genie North (Juno) is an interpreted structural target with nearby grab samples returning up to 1.9pc copper and 32g/t silver.

Through its work, Rio Tinto hopes to determine the dip and attitude of copper mineralisation at Janice Lake as well as the possibility of multiple, strata-bound copper-bearing mineralised horizons. It will also work to find out the association of magnetics and copper in rocks at the asset and the potential for high-grade zones of mineralisation caused structure or mafic-rich layers.

Alongside the results of a recently-completed airborne geophysical survey, the drilling results will be used to identify future drilling targets n Janice Lake’s 52km-long sedimentary basin.

Upon announcing the beginning of the geophysical survey earlier this month, Forum said that Janice Lake’s geological attributes suggested the potential for finding a large tonnage open pit deposit on site. A helicopter-borne magnetometer stringer survey covered 430km2 at a 100m line spacing to explore this opportunity. According to Forum, this technology can provide high-resolution information that will aid in locating drill targets in the sedimentary layers hosting copper at Janice Lake.

Investigations completed by the company in a drilling programme last year suggested that the higher grades of copper are associated with magnetite and mafic-rich layers in the strata. Indeed, all four of the company’s drill holes intersected shallow chalcocite, bornite, and native copper mineralisation above 80m in depth. 

Author: Daniel Flynn

The Author does not hold any position in the stock(s) and/or financial instrument(s) mentioned in the piece.

The Author has been paid to produce this piece by the company or companies mentioned above

Catalyst Information Services Ltd, the owner of MiningMaven.com, owns a position in the stock(s) and/or financial instrument(s) mentioned in the piece.

Catalyst Information Services Ltd, the owner of MiningMaven.com, has been paid for the production of this piece by the company or companies mentioned above.

MiningMaven.com and Catalyst Information Services Ltd are not responsible for its content or accuracy. News and research are not recommendations to deal, and investments may fall in value so that you could lose some or all of your investment. Past performance is not an indicator of future performance.

 

 

Rio Tinto kicks off airborne survey at Forum Energy's Janice Lake copper project

Tuesday saw Canadian exploration business Forum Energy Metals (TSX.V:FMC) reveal that an airborne geophysical survey has kicked off over its highly prospective Janice Lake copper project.

The work was initiated by Rio Tinto Exploration Canada (RTEC), Forum’s partner on the northern Saskatchewan-based asset, and it will be completed by geophysical contractor CGG. It also precedes the mobilisation of two rigs for a 7,000m drill program that is expected to start later this month.

Copper at Janice Lake is hosted in multiple, shallow-dipping layers of stratabound chalcocite mineralisation with late-stage native copper mineralisation, as determined by earlier work undertaken by Forum. Also, mapping by the Saskatchewan Geological Survey has determined that the copper-bearing strata have been repeated by faulting, adding to the asset’s potential.  In Tuesday’s update, Forum reiterated that these geological attributes confirm the exploration potential for finding a large tonnage open pit deposit at Janice Lake.

To build on this potential, CGG will cover 430km2 at a 100m line spacing with a helicopter-borne magnetometer stringer survey. According to Forum, this technology can provide high-resolution information that will aid in locating drill targets in the sedimentary layers hosting copper at Janice Lake.

Investigations completed by the company in a drilling programme last year suggested that the higher grades of copper are associated with magnetite and mafic-rich layers in the strata. Indeed, all four of the company’s drill holes intersected shallow chalcocite, bornite, and native copper mineralisation above 80m in depth.  Among the highlights was Hole FEM-01, which intersected 18.5m (59.0 to 77.5m downhole depth) grading 0.94pc copper and 6.7 g/t silver including 5.2m grading 2.22pc copper and 16.5 g/t silver

RTEC is planning to spend around CDN$3m on Janice Lake in 2019 as part of a seven-year, $30m option to earn an 80pc position in the project, the terms of which Forum revealed to the market in May. At the time of announcing the major opportunity, Forum’s president and chief executive Rick Mazur said:

‘We are pleased to partner with Rio Tinto, a Tier One metals and mining company which has long been recognised for its industry-leading track record for exploration discoveries. Their expertise and proprietary technology will add significant value to potentially making an economic copper discovery at Janice Lake for our shareholders.”

To read our feature interview with Mazur and Forum’s VP exploration Ken Wheatley, in which they discuss Janice Lake, their decision to enter the copper sector, and progress across the firm’s other assets, click here.

Author: Daniel Flynn

The Author does not hold any position in the stock(s) and/or financial instrument(s) mentioned in the piece.

The Author has been paid to produce this piece by the company or companies mentioned above

Catalyst Information Services Ltd, the owner of MiningMaven.com, owns a position in the stock(s) and/or financial instrument(s) mentioned in the piece.

Catalyst Information Services Ltd, the owner of MiningMaven.com, has been paid for the production of this piece by the company or companies mentioned above.

MiningMaven.com and Catalyst Information Services Ltd are not responsible for its content or accuracy. News and research are not recommendations to deal, and investments may fall in value so that you could lose some or all of your investment. Past performance is not an indicator of future performance.

 

 

Forum Energy’s Mazur and Wheatley discuss Janice Lake’s ‘huge’ potential following major Rio Tinto tie-up (FMC)

Forum Energy Metals (TSX-V:FMC) surprised the Canadian markets earlier this month when it revealed that it had secured $30m deal with Rio Tinto Exploration over its Janice Lake sedimentary copper project in Canada. With the support of a major mining player, Forum has been granted the fire power needed to realise the true potential of its asset, which it believes to mirror the giant Udokan Deposits of the Lake Baikal region in Siberia. Here, CEO Rick Mazur and VP exploration Ken Wheatley talk through their decision to enter the copper sector, the value presenting itself at Janice Lake, and progress across the rest of Forum’s portfolio.

Broader focus

Forum was established in 2004 as a uranium exploration firm. However, following an extended bear-run in the uranium market in the wake of the 2012 Fukushima nuclear disaster, the company decided to extend its focus into the wider energy metals market last year. After changing its name from ‘Forum Uranium’, the business selected the copper market as its first foray into previously uncharted territory.

Forum’s decision to get exposure to the red metal is favoured by the general outlook of the commodity analyst community. Many experts expect copper prices to experience a sharp swing upwards over the coming years following a recent, well-publicised downturn across most commodity markets in the face of weak global growth and US/China trade tensions.

On the demand side, this shift is expected to come down primarily to two factors. First-of-all, China’s acceleration into a phase of infrastructure development is expected to require an unprecedented amount of copper. A good example is the country’s ‘belt and road’ initiative, which aims to create the world’s largest platform for economic cooperation covering policy coordination, trade, financing, and social partnerships. Most notably, the initiative is expected to include a continuous network of highways, railways, ocean routes and ports, with plans to expand over 68 countries and several continents at a cost of $4trn to $8trm.

The second demand driver is expected to be an increased uptake of electric vehicles (EVs) over the coming decades. On average, EVs contain 183lbs of copper compared to just 18-49lbs in conventional cars. With the number of EVs on the road expect to hit 125m by 2030 - compared to c.3.1m in 2017 - Citigroup expects prices of the metal to pass $9,000 by 2028. In comparison, the metal current sits below $6,500/t.

Meanwhile, on the supply side, many analysts believe that a sustained downturn has created an environment where too few copper projects are coming on stream to meet the predicted explosion in demand for the metal. Likewise, China’s plans to ban all scrap copper imports by 2020 as part of broader environmental reform is expected to provide international producers and processors with a significant opportunity.

Copper is the mother of all base metals,’ adds Mazur. ‘When economies are growing, huge amounts of copper are required for areas like construction and power. These are the biggest drivers for the market. The EV sector is also crucial because it presents a huge amount of incremental growth that has caught suppliers completely off guard. Overall, the fundamentals for the copper market are very, very strong, so it seemed a great space for us to enter.’

Janice Lake

Forum’s copper exposure comes from a sedimentary copper project called Janice Lake found 55km from Cameco’s Key Lake processing facility in Saskatchewan, Canada’s number-one rated mining jurisdiction. The organisation optioned a 100pc interest in the asset last February from Transition Metals in exchange for 8m of its shares and $250,000 worth of staged cash payments over four years. Transition will also retain a 2pc net smelter royalty on metal produced from the site.

Map showing location of Janice Lake project

The deal covered 17,600 hectares of staked claims in an area called ‘the most significantconcentration of sediment-hosted copper showings yet known in the Wollaston Domain’ by the Saskatchewan Geological Survey. Limited drilling in the area before Forum’s entry appears to support this claim, with operators encountering mineralisation for 6km on the Janice trend.

Specifically, Noranda drilled 0.77pc copper over 33m including 1.6pc copper over 6m, within 35m of the surface back in 1993 while Phelps Dodge discovered a new zone in 2003 including 0.72pc copper over 26m. Likewise, grab samples collected by Transition have returned values ranging from 0.34 to 9.35pc copper and 0.7 to 61.7 g/t silver.

According to Mazur, these results highlight the potential for the discovery of multiple near-surface, sediment-hosted copper deposits. Sediment-hosted deposits are estimated to account for around a quarter of worldwide copper production and frequently contain higher concentrations of the metal, alongside accessory base and precious metals, than porphyry deposits.

Specifically, Mazur says the age and depositional environment at Janice Lake are similar to the giant Udokan Deposits of the Lake Baikal region in Siberia and the Revette deposits of Montana, USA. With Udokan boasting JORC compliant measured and indicated resources of 1.822 billion tonnes grading 1.01pc copper and14.3 g/t silver, these parallels could be highly significant. As such, Mazur says Forum immediately was keen to take advantage of Janice Lake’s lack of development in spite of its early-stage prospectivity.

Likewise, to take advantage of the broader potential for sediment-hosted copper deposits on offer in the more expansive Janice area, Forum has increased its presence significantly since last February’s deal. Firstly, the firm staked an additional 15,331 hectares of claims covering over 30km in the region alongside transition last year.

Then, earlier this month, the business announced that it had staked a further 19,312 hectares to the southwest, doubling the size of the property to 38,250 hectares.

‘The attraction of this project when we acquired was that over a 6km trend there were only 40 drill holes ever drilled. Firms were hitting copper everywhere, but operators were never really able to put it together,’ says Mazur. ‘We think there is potential for a huge copper deposit in this sedimentary basin. The drilling that was done previously showed excellent economic grades and persistent copper over 6km, so that’s why we staked the 24km trend.’ 

Initial drilling

To make the most of its first-mover advantage, Forum completed a drilling programme of its own at Janice Lake several months after entering the area. This comprised four holes targeting the JS-2 area of historical drilling completed by Phelps Dodge to extend Janice Lake’s known strike of copper mineralisation.

The programme was an immediate success, with all four holes encountering copper mineralisation within 80m of the surface. Highlights included a 19m intersection grading 1pc copper including 5.7m of 2.18pc copper within a 50.5m interval grading 0.45pc copper. Forum also encountered a 15m zone of mineralisation containing 1.09pc lead and 0.62pc zinc within a 5m intersection grading 0.39pc copper and 4.3 g/t silver. Wheatley says the results suggest mineralisation at Janice Lake is hosted by mafic-rich stratigraphy within more felsic units. In Layman’s terms, this opens up the possibility for multiple layers of copper mineralisation:

‘I think we have multiple horizons of copper mineralisation that were not necessarily recognised by previous operators. They drilled along strike, but I do not think they realised that that was just one of the layers of copper. We see a series of layers of mineralisation. So, the whole area is mineralised. If we can find some sweet spot areas, then it will help to understand the area better,’ he says. ‘The trick now is going to be getting some grade holes to show that it is economical. The next stage will be hundreds of thousands of metres of drilling to prove up an orebody. That is what it takes to get to pre-feasibility. We think the potential here is to develop an open pit mining resource and mine a lot of tonnes of copper.

Major interest

This drilling success did not go unnoticed, with both Forum and Janice Lake taking a major step forward earlier this month when Rio Tinto Exploration Canada entered into an option on the project. The mining major has entered a joint venture agreement with Forum that will see it commit to $3m in exploration at Janice Lake over the next year-and-a-half.

Alongside this, Rio Tinto has also been granted two options. The first of these gives its four years to acquire a 51pc stake in Janice Lake by spending $10m on exploration, making $490,000 in cash payments.As a bonus, the business must also service Forum’s remaining $200,000 worth of underlying cash payments to Transition for acquiring Janice Lake in the first place.In other words, Forum has negotiated a multi-year deal with a world-leading mining company on a project that it is yet to acquire itself fully. The second option gives Rio Tinto the right to earn a further 29pc stake in Janice Lake by spending another $20m in exploration over three years while making additional cash payments of $150,000.

Encouragingly, Rio Tinto is already planning a high-resolution airborne magnetometer survey over the entire extent of Janice Lake alongside c.7,000m of drilling in 25-30 holes to meet its 2019 exploration commitments. Mazur says this sort of support from a business like Rio Tinto is transformational for Forum because it will allow it to realise Janice Lake’s true potential: 

 ‘The Rio Tinto deal is exceptional at this stage of the project. The company obviously sees what we see- Janice Lake’s potential to become a mine. We are pleased to have the team on board- Rio Tinto is obviously one of the biggest copper producers in the world, so the technical team it can bring to this is tremendous. We are really excited to have the company come in to the project and build a mine for us.’

Wider interests

Forum also offers exposure to several additional assets beyond Janice Lake, which MiningMaven will cover in great detail in a future report.  One of the most significant of these is its 100pc-owned Quartz Gulch cobalt exploration project in America’s Idaho copper belt. Quartz Gulch is based around 5kms to the south-east of the past-producing Blackbird cobalt mine and the eCobalt Solutions Idaho cobalt project - currently, the only permitted cobalt mine under development in North America.

Although Janice Lake remains Forum’s primary focus at present, Mazur says he believes that the business could benefit from having a significant strategic foothold in Idaho as conditions in the cobalt market develop: ‘We are locked-in at the best cobalt area in North America, adjacent to former production and a developing mine,’ he says. ‘Cobalt is a vital element in the cathode of Li-ion batteries and will be for years to come. The primary source of cobalt is currently the DRC, which is very unstable. I think battery suppliers are increasingly seeking out a secure source of cobalt, so that is why we are getting into the metal in the US.’

Forum also has a majority interest in seven drill-ready uranium exploration properties in Canada’s Athabasca Basin, where some of the richest deposits for the metal are found globally. The projects are under the direction of Wheatley, a professional geologist who boasts an exploration discovery record of eight uranium deposits. Four of these became producing mines.

Mazur tells us the company will return to the projects when conditions in the uranium market begin to recover: ‘Although the market went soft on us, we believe things will come back into balance. The demand for uranium in China is huge and growing – the country is building nuclear power plants as part of its 20-year plans to replace all of its coal-fired power generation.’


Map showing location of Athabasca Basin prospects

Growing awareness

The parallels being drawn between Janice Lake and hugely successful sedimentary copper projects alongside the asset’s ability to attract a major mining player at such an early stage are very encouraging. With guidance from Forum’s highly experienced management and technical team and financial firepower from Rio Tinto, the project really has been granted the best possible shot at realising its potential.

Beyond Janice Lake, the assets present across the remainder of Forum’s portfolio both ensure diversification and give investors additional exposure to powerful global trends like increasing nuclear power and EV usage. Although positive, market reaction to the Rio Tinto deal was somewhat muted. With a work programme coming up and investors growing privy to Janice Lake’s prospectivity, it will be interesting to see where Forum’s shares go from here.

Author: Daniel Flynn

The Author does not hold any position in the stock(s) and/or financial instrument(s) mentioned in the piece.

The Author has been paid to produce this piece by the company or companies mentioned above.

Catalyst Information Services Ltd, the owner of MiningMaven.com, owns a position in the stock(s) and/or financial instrument(s) mentioned in the piece.

Catalyst Information Services Ltd, the owner of MiningMaven.com, has been paid for the production of this piece by the company or companies mentioned above.

MiningMaven.com and Catalyst Information Services Ltd are not responsible for its content or accuracy. News and research are not recommendations to deal, and investments may fall in value so that you could lose some or all of your investment. Past performance is not an indicator of future performance.