Patagonian Gold, Silver Rush Underway and Growing

Source: Mineweb, Lawrence Williams (10/26/10)

"First beneficiaries likely to be companies with projects already underway in key areas."

The sky-high gold and silver prices of late are definitely stimulating precious metals exploration around the world, but the first beneficiaries are likely to be those companies, which already have exploration and development projects under way in key prospective areas.

There are a number of global regions where the term 'gold rush' might be considered appropriate, but most of these are in areas with considerable gold mining history going back many years. The Yukon, Ontario/Quebec, West Africa, Western Australia, even the South African historic greenstone belt around Barberton, all spring to mind as being current hotbeds of activity, but there are few such areas with considerably less gold mining history and one of these is Patagonia, specifically Argentina's Santa Cruz province where, contrary to the experience of prospective miners in Chubut immediately to the north, Mendoza and La Rioja, mining companies are well-regarded and the Provincial authorities are supportive.

Gold mining and exploration history in the province effectively only goes back around 30 years when what is now AngloGold Ashanti's Cerro Vanguardia epithermal vein deposits were first discovered by explorers looking for barites, although the significance was not really understood until another 12 years had passed. Similarly what is now the Manantial Espejo mine was also first noted in the early 1970s And again it took a big revival in silver and gold prices, and a new focus on exploration in the region, before anything was developed. Now, in recent years the Deseado Massif, which is host to Cerro Vanguardia and Manantial Espejo, has spawned a number of mines and exciting exploration projects, most of which have only been discovered in the past few years.

Companies involved Extorre Gold Mines Ltd. (TSX:XG; Fkft:E1R; OTCQX:EXGMF) (spun off from Exeter Resource Corp. (NYSE.A:XRA; TSX:XRC; Fkft:EXB) earlier this year) and Argentex Mining Corporation (TSX.V:ATX; OTCBB:AGXM), to name but a few.

Announcing Streetwise Live! Events
Source: Streetwise Reports (07/13/2020)

Streetwise Reports is offering 100 investors—at no charge—the opportunity to meet via Zoom with executives of precious metals companies as they discuss recent developments at their companies and upcoming catalysts.

"China's export quota could be opportunity for Canadian miners"

Latin America: Six Gold Juniors Amass 100M+ Ounces
Source: Marc Davis, BNW News (05/25/2010)

Latin America, the world's last great mineral frontier for prolific gold discoveries, is proving a godsend for some lucky investors.

Mexico: Gold's Next Powerhouse Player
Source: Marc Davis, BNW News (11/03/2009)

As the world's key gold producing nations struggle mostly in vain to replenish dwindling below-ground supplies, Mexico is bucking the trend in a big way.

Where Have All the Gold Mines Gone?
Source: Brent Cook, Exploration Insights (04/14/2009)

Given the declining global gold production, mining companies’ demand for reserve replacement and the acute dearth of new gold discoveries, there is no doubt that real economic discoveries will be exceptionally valuable. . .the opportunity for stellar profits is the best it has probably ever been. Identifying the few successes, however, will require vigilant and constant technical assessment of geology and drill results, always with an eye to mine economics.

Congo Completes Mining Review, Says Majors Quit Talks
Source: Reuters (12/20/2008)

"Review process is extended an additional 45 days to allow six companies to return to the negotiating table for direct talks with government ministers."

I haven’t spoken to my old mining stock friend, noted and universally respected gold stock guru, Bob Bishop, about Rare Element in a year, but I hear he is still a supporter and very large shareholder. I don’t believe he will hold it against me to remind you that this was one of his favorite holdings when he left the newsletter writing business. . .

It's Only the Beginning for Uranium
Source: www.financialinsights.com (06/03/2005)

Dr. Richard S. Appel, author of Financial Insights, first became bullish on uranium in mid-2003, when it appeared obvious that its supply versus demand equation was fated to seriously drive higher its price. Since then, a series of events in the uranium industry has led Appel to believe that uranium prices will reach never before seen levels.

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