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January 17th, 2020 | 05:50 CET

GT Gold, Scottie Resources, Tudor Gold - in British Columbia's Golden Triangle

  • Gold
Photo credits: pixabay.com

Canada's West Coast is home to numerous gold companies. The northern part of the province of British Columbia is home to the so-called Golden Triangle, which is known for its gold deposits. Gold production is driven by various companies. Precious metals are regarded by investors as an important addition to their portfolios, and in connection to this, the demand for gold and silver is growing along with the money supply. Next Sunday and Monday a commodity conference will take place in Vancouver (VRIC) and the companies will answer the questions of the investors.

time to read: 1 minutes | Author: Mario Hose
ISIN: CA81012R1064 , CA36251Y1051 , CA89901P1071

Table of contents:


    Bill Guy, Chairman, Theta Gold Mines Limited
    "[...] Both the geology and the infrastructure around the project make for a very attractive cost structure. We expect to be able to produce at 50% of the current gold price. [...]" Bill Guy, Chairman, Theta Gold Mines Limited

    Full interview

     

    Significant discoveries in the triangle

    GT Gold is focused on precious metals exploration in British Columbia's famous Golden Triangle. The Company's principal property is the 100% owned 46,827 hectare Tatogga property near Iskut, where the Company has made two significant discoveries in 2017 and 2018 on its Saddle South and Saddle North prospects.

    With a share price of CAD 1.12, GT Gold has a market capitalization of CAD 130 million.

    Eric Sprott comes in at CAD 2 million

    Scottie Resources is a newcomer and holds a 100% interest in the Scottie Goldmine property and has an option to earn a 100% interest in the Bow Properties and the Summit Lake claims adjacent to the Scottie Goldmine property. Scottie owns 100% interest in the Ruby Silver and Black Hills properties and has an option to earn a 100% interest in the Bitter Creek property that connects the Ruby Silver property to the Black Hills property.

    At a price of CAD 0.24, the Company's market value is in excess of CAD 20 million. Canadian billionaire Eric Sprott recently acquired a share of approximately 11.5% from Scottie Resources in a financing round.

    Focused on one region

    Tudor Gold is also an Explorer with properties in the Golden Triangle. The 17,913 hectare Treaty Creek project, in which the Company holds a 60% interest, is bordered to the southwest by Seabridge Gold Inc.'s KSM property and to the southeast by Pretivm Resources Inc.'s Brucejack property.

    The Company also holds a 60% interest in the Electrum Project and other interests. The Company's shares are currently changing hands at CAD 0.72 and the market capitalization is approximately CAD 105 million.


    Conflict of interest

    Pursuant to §85 of the German Securities Trading Act (WpHG), we point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH (hereinafter referred to as "Relevant Persons") may in the future hold shares or other financial instruments of the mentioned companies or will bet on rising or falling on rising or falling prices and therefore a conflict of interest may arise in the future. conflict of interest may arise in the future. The Relevant Persons reserve the shares or other financial instruments of the company at any time (hereinafter referred to as the company at any time (hereinafter referred to as a "Transaction"). "Transaction"). Transactions may under certain circumstances influence the respective price of the shares or other financial instruments of the of the Company.

    Furthermore, Apaton Finance GmbH reserves the right to enter into future relationships with the company or with third parties in relation to reports on the company. with regard to reports on the company, which are published within the scope of the Apaton Finance GmbH as well as in the social media, on partner sites or in e-mails, on partner sites or in e-mails. The above references to existing conflicts of interest apply apply to all types and forms of publication used by Apaton Finance GmbH uses for publications on companies.

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    Der Autor

    Mario Hose

    Born and raised in Hannover, Lower Saxony follows social and economic developments around the globe. As a passionate entrepreneur and columnist he explains and compares the most diverse business models as well as markets for interested stock traders.

    About the author



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