Kaiser Bottom Fish OnlineFree trialNew StuffHow It WorksContact UsTerms of UseHome
Specializing in Canadian Stocks
SearchAdvanced Search
Welcome Guest User   (more...)
Home / Companies / KRO Profile
KRO Profile
Price:$0.095  Open Rec:See Strategy
Market Cap:$17,727,275  WC % of Mkt Cap:-4%
Working Cap:($772,538)  As of:6/30/2023
Issued:186,602,894  Insider %:16.0%
Diluted:199,779,364  Story Type:Resource: Discovery Exploration
Key People:Diane Nicolson (CEO), Robert A. Dickinson (Chair), Jeannine P. M. Webb (CFO), Michael Lee (CFO), Roy Greig (VP EX),
SV Rating: Fair Spec Value - Favorite - as of December 30, 2022: Amarc Resources Ltd was made a Fair Spec Value rated 2023 Favorite at $0.15 on December 30, 2022 based partly on its British Columbia focused copper exploration plays, two of which, Joy and Duke, are funded by majors Freeport McMoran and Boliden who can earn up to 70% by spending $105 million and $90 million respectively. Freeport optioned the Joy copper-gold porphyry project in May 2021 and has spent about $20 million to the end of 2022. The 48,200 ha Joy project adjoins to the north of the Kemess Mine now operated by Centerra Gold. Freeport, which drilled 15,427 m in 2022 for which results were still pending at the start of 2023, is delineating the Pine copper-gold system and testing district wide targets. Boliden optioned the 67,800 ha Duke project in November 2022 and immediately initiated a winter drill program. Duke, located 50 km north of the former Bell and Granisle copper mines in the Babine Lake region, is an emerging copper-molybdenum-silver discovery Amarc made in 2017. Amarc is operator of both projects. The company is headed by CEO Diane Nicolson and Chairman Bob Dickinson who with 29 million shares representing 16% is Amarc's largest shareholder. Amarc has for two decades been focused on grassroots exploration in British Columbia during a period when Northern Dynasty's now beleaguered Pebble copper-gold project in Alaska dominated the attention of the HDI group. Amarc appeared on track for a major emerging discovery in 2014 when it assembled the IKE copper-molybdenum-silver district located in southwestern British Columbia between Taseko's stalled New Prosperity copper-gold project and the Bralorne gold project to the south. IKE, which does not yet have a resource estimate, was first optioned to Thompson Creek in 2015 which dropped out after Centerra Gold...(see Profile for full Overview)
Last KRO Comment - Jan 26, 2023: KW Excerpt: Kaiser Watch January 26, 2023: Amarc Resources Ltd (AHR-V)
Recent News - Sep 13, 2023: Property Asset or Share Purchase Agreement
  Project Interest   Country Region Stage IPV
($mm)
Target Deposit
Model
Ike 100% WI Canada Southwest BC 3-Discovery Delineation $19 Copper Molybdenum Silver Gold Porphyry
Duke 30% TC Canada Central BC 2-Target Drilling $63 Copper Gold Silver Molybdenum Porphyry
Joy 30% TC Canada Toodoggone 3-Discovery Delineation $63 Copper Gold Porphyry
Hearne 100% WI Canada Northern BC 2-Target Drilling $19 Copper Porphyry
Price:$0.540  Open Rec:See Strategy
Market Cap:$70,203,460  WC % of Mkt Cap:20%
Working Cap:$13,839,168  As of:6/30/2023
Issued:130,006,408  Insider %:17.4%
Diluted:144,944,906  Story Type:Resource: Discovery Exploration
Key People:Matti Talikka (CEO), David Lotan (Chair), Mark Serdan (CFO),
SV Rating: Fair Spec Value - Favorite - as of December 30, 2022
Last KRO Comment - Jun 9, 2023: KW Excerpt: Kaiser Watch June 9, 2023: Aurion Resources Ltd (AU-V)
Recent News - Sep 12, 2023: Identifies New Gold Zones at the Kaaresselka Prospect, On the Wholly Owned Risti Property
  Project Interest   Country Region Stage IPV
($mm)
Target Deposit
Model
Risti 100% WI Finland Other 3-Discovery Delineation $78 Gold Shear / Vein
Kutuvuoma 30% WI Finland Other 3-Discovery Delineation $261 Gold Orogenic Vein
Launi East 30% TC Finland Other 2-Target Drilling $261 Gold Orogenic Vein
Savu 100% WI Finland Other 1-Grassroots $78 Lithium Gold Phosphate Rare-Earth-Metals Pegmatite
Silaskaira 100% WI Finland Other 1-Grassroots $78 Gold Orogenic Vein
Price:$0.910  Open Rec:See Strategy
Market Cap:$171,035,684  WC % of Mkt Cap:8%
Working Cap:$13,262,978  As of:6/30/2023
Issued:187,951,301  Insider %:26.7%
Diluted:205,052,662  Story Type:Resource: Discovery Exploration
Key People:Killian Charles (CEO), Robert P. Wares (Chair), Anthony Glavac (CFO),
SV Rating: Fair Spec Value - Favorite - as of December 30, 2022
Last Corporate Change - Oct 6, 2020: 1:1 Name Change from Komet Resources Inc (KMT-V)
Last KRO Comment - Sep 8, 2023: KW Excerpt: Kaiser Watch September 8, 2023: Brunswick Exploration Inc (BRW-V)
Recent News - Sep 7, 2023: Launches 5,000 Metre Drill Program At Mirage Project, Quebec
  Project Interest   Country Region Stage IPV
($mm)
Target Deposit
Model
Mirage 100% WI Canada James Bay 2-Target Drilling $187 Lithium Pegmatite
Pontiac 100% WI Canada Abitibi Belt 1-Grassroots $187 Lithium Pegmatite
Jan-Hanson 100% WI Canada Central Saskatchewan 2-Target Drilling $187 Lithium Pegmatite
Anatacau 90% WI Canada James Bay 2-Target Drilling $207 Lithium Pegmatite
James Bay 100% WI Canada James Bay 1-Grassroots $187 Lithium Pegmatite
Mythril-Rare Mineral 85% WI Canada James Bay 2-Target Drilling $220 Lithium Pegmatite
Plex 90% WI Canada James Bay 2-Target Drilling $207 Lithium Pegmatite
Trans-Hudson 100% WI Canada La Ronge Belt 2-Target Drilling $187 Lithium Pegmatite
Catamaran 100% WI Canada New Brunswick 1-Grassroots $187 Lithium Pegmatite
Hermitage 100% WI Canada Newfoundland 1-Grassroots $187 Lithium Pegmatite
South Mountain 100% WI Canada Nova Scotia 1-Grassroots $187 Lithium Pegmatite
Lake Athabasca 100% WI Canada Athabasca Basin 1-Grassroots $187 Lithium Pegmatite
Lynn Lake 100% WI Canada Northern Manitoba 2-Target Drilling $187 Lithium Pegmatite
Hearst 100% WI Canada Northwest Ontario 2-Target Drilling $187 Lithium Pegmatite
Caledonia 100% WI Canada New Brunswick 1-Grassroots $187 Tin Greisen
Hankshaw 100% WI Canada New Brunswick 1-Grassroots $187 Lithium Pegmatite
Hanson Lake 100% WI Canada Saskatchewan 1-Grassroots $187 Lithium Pegmatite
North Shore 100% WI Canada Southern Quebec 1-Grassroots $187 Lithium Pegmatite
Price:$0.415  Open Rec:See Strategy
Market Cap:$51,074,465  WC % of Mkt Cap:0%
Working Cap:$11,009  As of:4/30/2023
Issued:123,071,000  Insider %:2.7%
Diluted:170,028,000  Story Type:Resource: Discovery Exploration
Key People:Cory Belyk (CEO), Thomas Jr Graham (Chair), Harry Chan (CFO), Misty Urbatsch (VP CD), Nathan Bridge (VP EX), Dianne M. Szigety (Sec),
SV Rating: Fair Spec Value - Favorite - as of December 30, 2022
Last Corporate Change - Dec 30, 2013: New Exchange Listing
Last KRO Comment - Jan 6, 2023: KW Excerpt: Kaiser Watch January 6, 2023: Canalaska Uranium Ltd (CVV-V)
Recent News - Sep 19, 2023: Mobilization To Moon Lake South For Drill Program
  Project Interest   Country Region Stage IPV
($mm)
Target Deposit
Model
West McArthur 77.1% WI Canada Athabasca Basin 3-Discovery Delineation $91 Uranium Unconformity style
Cree East 100% WI Canada Athabasca Basin 2-Target Drilling $71 Uranium Unconformity style
Key Extension 100% WI Canada Athabasca Basin 2-Target Drilling $71 Uranium Unconformity style
McTavish 20% TC Canada Athabasca Basin 2-Target Drilling $353 Uranium Unconformity style
Moon Lake South 25% WI Canada Athabasca Basin 2-Target Drilling $282 Uranium Unconformity style
Waterbury East 20% WI Canada Athabasca Basin 2-Target Drilling $353 Uranium Unconformity style
Waterbury South 80% TC Canada Athabasca Basin 2-Target Drilling $88 Uranium Unconformity style
Manibridge-Resting-Halfway 100% WI Canada Thompson Belt 2-Target Drilling $71 Nickel Magmatic Segregation
AKP 100% WI Canada Athabasca Basin 2-Target Drilling $71 Diamond Kimberlite
Burrill 100% WI Canada Athabasca Basin 1-Grassroots $71 Uranium Unconformity style
Carswell 100% WI Canada Athabasca Basin 1-Grassroots $71 Uranium Unconformity
Chymko 100% WI Canada Athabasca Basin 1-Grassroots $71 Uranium Unconformity style
Kingston 100% WI Canada Athabasca Basin 1-Grassroots $71 Uranium Unconformity style
Marshall 100% WI Canada Athabasca Basin 1-Grassroots $71 Uranium Unconformity style
North Millenium 100% WI Canada Athabasca Basin 1-Grassroots $71 Uranium Unconformity style
Taggart 100% WI Canada Athabasca Basin 1-Grassroots $71 Uranium Unconformity style
Warren 100% WI Canada Athabasca Basin 1-Grassroots $71 Uranium Unconformity style
Waterbury West 2.00% NSR Canada Athabasca Basin 1-Grassroots $0 Uranium Unconformity style
Watson 100% WI Canada Athabasca Basin 1-Grassroots $71 Uranium Unconformity style
Mouse Mountain 100% WI Canada Central BC 2-Target Drilling $71 Copper Gold Porphyry
Ruttan 100% WI Canada Manitoba 2-Target Drilling $71 Gold Copper Zinc VMS
North Thompson 100% WI Canada Thompson Belt 2-Target Drilling $71 Nickel Magmatic Segregation
Price:$0.600  Open Rec:See Strategy
Market Cap:$88,478,729  WC % of Mkt Cap:22%
Working Cap:$19,479,127  As of:6/30/2023
Issued:147,464,548  Insider %:3.5%
Diluted:168,599,227  Story Type:Resource: Feasibility Demonstration
Key People:William R. Willoughby (CEO), Bryan Disher (Chair), Braam Jonker (CFO),
SV Rating: Fair Spec Value - Favorite - as of December 30, 2022
Last Corporate Change - Jan 30, 2023: 1:1 Name Change from Cypress Development Corp (CYP-V)
Last KRO Comment - Jan 6, 2023: KW Excerpt: Kaiser Watch January 6, 2023: Century Lithium Corp (LCE-V)
Recent News - Sep 7, 2023: Obtains Provisional Patent
  Project Interest   Country Region Stage IPV
($mm)
Target Deposit
Model
Clayton Valley 100% WI United States Nevada 7-Permitting & Feasibility $101 Lithium Clay
Gunman 20% TC United States White Pine 3-Discovery Delineation $506 Zinc Silver Carbonate Replacement
Price:$1.460  Open Rec:See Strategy
Market Cap:$259,988,180  WC % of Mkt Cap:2%
Working Cap:$4,240,653  As of:4/30/2023
Issued:178,074,096  Insider %:50.9%
Diluted:192,298,051  Story Type:Resource: Feasibility Demonstration
Key People:David Austin (CEO), Andrea Yuan (CFO), John T. Perry (COO),
SV Rating: Fair Spec Value - Favorite - as of December 30, 2022
Last Corporate Change - Oct 12, 2010: 2:1 Name Change from Ananda Capital Corp (ANN.P-V)
Last KRO Comment - Jan 6, 2023: KW Excerpt: Kaiser Watch January 6, 2023: Colonial Coal International Corp (CAD-V)
Recent News - Feb 13, 2023: Investor Relations Partnership With Adelaide Capital
  Project Interest   Country Region Stage IPV
($mm)
Target Deposit
Model
Huguenot 100% WI Canada Northeast BC 6-Prefeasibility $281 Coal - Metallurgical Seams
Flatbed 100% WI Canada Northeast BC 6-Prefeasibility $281 Coal - Metallurgical Seams
Price:$0.180  Open Rec:See Strategy
Market Cap:$96,348,728  WC % of Mkt Cap:52%
Working Cap:$50,567,382  As of:4/30/2023
Issued:535,270,712  Insider %:39.2%
Diluted:765,420,712  Story Type:Resource: Feasibility Demonstration
Key People:Richard D. Williams (CEO), Patrick F. N. Anderson (Chair), Matthew Hird (CFO),
SV Rating: Fair Spec Value - Favorite - as of December 30, 2022
Last Corporate Change - Jul 27, 2020: 1:1 Name Change from Strongbow Exploration Inc (SBW-V)
Last KRO Comment - Jan 6, 2023: KW Excerpt: Kaiser Watch January 6, 2023: Cornish Metals Inc (CUSN-V)
Recent News - Sep 20, 2023: Commences 9,000 Metre Drilling Programme At Wide Formation Target, South Crofty Tin Project
  Project Interest   Country Region Stage IPV
($mm)
Target Deposit
Model
South Crofty 100% WI United Kingdom Other 7-Permitting & Feasibility $138 Tin Copper Zinc Vein
Nickel King 100% WI Canada Northwest Territories 4-Infill & Metallurgy $138 Nickel Copper Cobalt Magmatic Segregation
United Downs 100% WI United Kingdom Other 3-Discovery Delineation $138 Tin Copper Vein
Sleitat 100% WI United States Alaska 3-Discovery Delineation $138 Tin Silver Greisen
Price:$1.790  Open Rec:See Strategy
Market Cap:$173,109,278  WC % of Mkt Cap:18%
Working Cap:$31,526,282  As of:5/31/2023
Issued:96,709,094  Insider %:9.7%
Diluted:100,159,094  Story Type:Resource: Feasibility Demonstration
Key People:Jean-Sebastien Lavallee (CEO), Eric Zaunscherb (Chair), Steffen Haber (Pres), Nathalie Laurin (CFO), Marcus Brune (VP FI),
SV Rating: Fair Spec Value - Favorite - as of December 30, 2022
Last Corporate Change - Jun 19, 2019: 1:1 Name Change from Critical Elements Corp (CRE-V)
Last KRO Comment - May 12, 2023: KW Excerpt: Kaiser Watch May 12, 2023: Critical Elements Lithium Corp (CRE-V)
Recent News - Sep 18, 2023: Obtain Its Mining Lease for The Rose Lithium Tantalum Project
  Project Interest   Country Region Stage IPV
($mm)
Target Deposit
Model
Rose 100% WI Canada James Bay 7-Permitting & Feasibility $179 Lithium Tantalum Pegmatite
Nisk 20% TC Canada James Bay 4-Infill & Metallurgy $896 Nickel Copper Palladium Potash Ultramafic Complex
Lemare 25% TC Canada James Bay 3-Discovery Delineation $717 Lithium Pegmatite
Arques 100% WI Canada Quebec 2-Target Drilling $179 Rare-Earth-Metals Niobium Tantalum Peralkaline Intrusive
Bourier 30% TC Canada Quebec 2-Target Drilling $598 Lithium Pegmatite
Caumont 100% WI Canada Quebec 2-Target Drilling $179 Copper Nickel Platinum Palladium Gold Magmatic Segregation
Dumulon 100% WI Canada Quebec 1-Grassroots $179 Zinc Lead Gold Sedex
Duval 70% WI Canada Quebec 1-Grassroots $256 Nickel Copper Palladium Platinum Magmatic Segregation
Valiquette 100% WI Canada Quebec 2-Target Drilling $179 Nickel Copper Gold Palladium Platinum Magmatic Segregation
Price:$0.120  Open Rec:See Strategy
Market Cap:$13,273,887  WC % of Mkt Cap:77%
Working Cap:$10,197,716  As of:6/30/2023
Issued:110,615,727  Insider %:10.6%
Diluted:126,689,256  Story Type:Resource: Discovery Exploration
Key People:Timothy J. Termuende (CEO), Glen J. Diduck (CFO), Charles C. Downie (VP EX), Darren B. Fach (Sec),
SV Rating: Fair Spec Value - Favorite - as of December 30, 2022
Last KRO Comment - Jun 9, 2023: KW Excerpt: Kaiser Watch June 9, 2023: Eagle Plains Resources Ltd (EPL-V)
Recent News - Sep 6, 2023: Fieldwork Underway at Findlay Critical Metals Project
  Project Interest   Country Region Stage IPV
($mm)
Target Deposit
Model
Vulcan 100% WI Canada Southeast BC 2-Target Drilling $15 Zinc Lead Silver Sedex
Olson Lake 25% TC Canada La Ronge Belt 2-Target Drilling $61 Gold Orogenic Vein
Pine Channel 20% TC Canada Northern Saskatchewan 2-Target Drilling $76 Gold Mesothermal
Donna 100% WI Canada British Columbia 2-Target Drilling $15 Gold Intrusion Related Gold System
Adamant 100% WI Canada Southeast BC 2-Target Drilling $15 Rare-Earth-Metals Niobium Peralkaline Intrusive
Findlay 25% TC Canada Southeast BC 2-Target Drilling $61 Lead Zinc Sedex
Iron Range 20% TC Canada Southeast BC 2-Target Drilling $76 Copper Gold Zinc Lead Silver IOCG / Sedex
Dictator 100% WI Canada Southern BC 1-Grassroots $15 Gold Lead Zinc Intrusion Related Gold System
Wollaston 100% WI Canada Athabasca Basin 1-Grassroots $15 Uranium Unconformity style
Acacia 100% WI Canada Central BC 2-Target Drilling $15 Copper Zinc Lead Gold Silver VMS
Elsiar (LCR) 100% WI Canada Golden Triangle 2-Target Drilling $15 Copper Molybdenum Gold Porphyry
Kalum 100% WI Canada Golden Triangle 2-Target Drilling $15 Gold Intrusion Related Gold System
Brownell Lake 100% WI Canada La Ronge Belt 4-Infill & Metallurgy $15 Copper Zinc VMS
Brook 100% WI Canada Saskatchewan 1-Grassroots $15 Lithium Pegmatite
Crooked Lake 100% WI Canada Saskatchewan 1-Grassroots $15 Lithium Pegmatite
Gladman 100% WI Canada Saskatchewan 1-Grassroots $15 Lithium Pegmatite
Hanson Lake 1.00% NSR Canada Saskatchewan 1-Grassroots $0 Lithium Pegmatite
Justice 100% WI Canada Northwest Territories 2-Target Drilling $15 Zinc Lead Mississippi Valley
Keg 100% WI Canada Northwest Territories 2-Target Drilling $15 Zinc Lead Mississippi Valley
MM 100% WI Canada Yukon Territory 2-Target Drilling $15 Zinc Lead Copper Silver Rare-Earth-Metals VMS
Old Road 100% WI Canada Saskatchewan 1-Grassroots $15 Lithium Pegmatite
Rusty Springs 100% WI Canada Yukon Territory 2-Target Drilling $15 Zinc Copper Stratabound
Schotts Lake 100% WI Canada Saskatchewan 3-Discovery Delineation $15 Copper Zinc VMS
Dragon Lake 100% WI Canada Ross River 2-Target Drilling $15 Gold Sediment Hosted
Pelly Mountain 100% Wi Canada Ross River 1-Grassroots $15 Zinc Lead Silver Gold VMS
Black Diamond 100% WI Canada Southeast BC 2-Target Drilling $15 Silver Lead Zinc Vein
K9 100% WI Canada Southeast BC 2-Target Drilling $15 Copper Gold Sedex
Slocan 1.00% GOR Canada Southeast BC 2-Target Drilling $0 Graphite
Wildhorse 100% WI Canada Southeast BC 2-Target Drilling $15 Gold Vein
Coyote Creek 1.00% GOR Canada Southern BC 2-Target Drilling $0 Potash Gypsum Sediment Hosted
Ice River 100% WI Canada Southern BC 2-Target Drilling $15 Rare-Earth-Metals Niobium Intrusive Complex
Price:$0.185  Open Rec:See Strategy
Market Cap:$26,895,178  WC % of Mkt Cap:10%
Working Cap:$2,793,102  As of:6/30/2023
Issued:145,379,342  Insider %:50.0%
Diluted:159,694,450  Story Type:Resource: Discovery Exploration
Key People:Robert T. Boyd (CEO), Teresa Cheng (CFO), Darren O'Brien (VP EX),
SV Rating: Fair Spec Value - Favorite - as of December 30, 2022
Last KRO Comment - Aug 25, 2023: KW Excerpt: Kaiser Watch August 25, 2023: Endurance Gold Corp (EDG-V)
Recent News - Sep 11, 2023: Non Brokered Private Placement
  Project Interest   Country Region Stage IPV
($mm)
Target Deposit
Model
Reliance 100% WI Canada Southwest BC 3-Discovery Delineation $30 Gold Orogenic Vein
Bandito 100% WI Canada Yukon Territory 2-Target Drilling $30 Niobium Tantalum Rare-Earth-Metals Intrusive Complex
Olympic 100% WI Canada Southwest BC 2-Target Drilling $30 Gold Orogenic Vein
Elephant Mtn 100% WI United States Alaska 2-Target Drilling $30 Gold Intrusion Related Gold System
Flint Lake 20.3% WI Canada Ontario 2-Target Drilling $146 Gold Orogenic Vein
Rattlesnake Hills 1.00% NSR United States Wyoming 3-Discovery Delineation $0 Gold Cripple Creek style
McCord Creek 100% WI United States Tintina Belt 1-Grassroots $30 Gold Intrusion Related Gold System
Price:$0.680  Open Rec:See Strategy
Market Cap:$119,659,526  WC % of Mkt Cap:17%
Working Cap:$20,625,323  As of:6/30/2023
Issued:175,969,891  Insider %:2.2%
Diluted:203,411,467  Story Type:Resource: Feasibility Demonstration
Key People:Paul Harbidge (CEO), Russell D. Ball (Chair), Graham Richardson (CFO), Stacey Pavalova (VP CD), Thomas Bissig (VP EX),
SV Rating: Fair Spec Value - Favorite - as of December 30, 2022
Last Corporate Change - Nov 3, 2022: New Exchange Listing
Last KRO Comment - May 12, 2023: KW Excerpt: Kaiser Watch May 12, 2023: Faraday Copper Corp (FDY-T)
Recent News - Aug 8, 2023: Q2 2023 Financial Results
  Project Interest   Country Region Stage IPV
($mm)
Target Deposit
Model
Copper Creek 100% WI United States Arizona 5-PEA $138 Copper Molybdenum Breccia / Porphyry
Contact 100% WI United States Elko County 6-Prefeasibility $138 Copper Silver Contact Intrusive Related
Price:$0.680  Open Rec:See Strategy
Market Cap:$42,797,860  WC % of Mkt Cap:41%
Working Cap:$17,696,382  As of:6/30/2023
Issued:62,938,029  Insider %:37.6%
Diluted:74,946,591  Story Type:Resource: Discovery Exploration
Key People:Zachary Flood (CEO), Enoch Kong (CFO), Scott Smits (VP EX),
SV Rating: Fair Spec Value - Favorite - as of December 30, 2022
Last Corporate Change - Jan 13, 2021: 7:1 Name Change from Northway Resources Corp (NTW-V)
Last KRO Comment - Jan 6, 2023: KW Excerpt: Kaiser Watch January 6, 2023: Kenorland Minerals Ltd (KLD-V)
Recent News - Sep 20, 2023: Commences Drilling at the Frotet Project, Quebec
  Project Interest   Country Region Stage IPV
($mm)
Target Deposit
Model
Frotet 20% WI Canada James Bay 3-Discovery Delineation $255 Gold Orogenic Vein
Chicobi 30% TC Canada Abitibi Belt 2-Target Drilling $170 Gold Orogenic Vein
Hunter 30% TC Canada Abitibi Belt 2-Target Drilling $170 Copper Zinc Iron Gold Silver VMS
Healy 70% WI United States Alaska 2-Target Drilling $73 Gold Orogenic Vein
Tanacross 30% TC United States Alaska 3-Discovery Delineation $170 Copper Gold Molybdenum Porphyry
O'Sullivan 30% TC Canada Abitibi Belt 2-Target Drilling $170 Gold Orogenic Vein
Chebistuan 20% TC Canada Chibougamau 1-Grassroots $255 Gold Orogenic Vein
Opinaca 3.00% NSR Canada James Bay 1-Grassroots $0 Lithium Pegmatite
Rupert 2.00% NSR Canada James Bay 1-Grassroots $0 Lithium Pegmatite
Fox River 2.00% NSR Canada Northern Manitoba 1-Grassroots $0 Nickel Palladium Platinum Layered Intrusive Complex
Wheatcroft 3.00% NSR Canada Northern Manitoba 1-Grassroots $0 Gold Orogenic Vein
Separation Rapids 2.50% NSR Canada Northwest Ontario 1-Grassroots $0 Lithium Pegmatite
South Uchi 100% WI Canada Northwest Ontario 1-Grassroots $51 Gold Orogenic Vein
South Thompson 100% WI Canada Thompson Belt 1-Grassroots $51 Nickel Magmatic Segregation
Napolean 1.00% NSR United States Alaska 1-Grassroots $0 Gold Intrusion Related Gold System
Price:$0.075  Open Rec:See Strategy
Market Cap:$5,347,614  WC % of Mkt Cap:79%
Working Cap:$4,199,373  As of:3/31/2023
Issued:71,301,524  Insider %:21.2%
Diluted:80,622,313  Story Type:Resource: Feasibility Demonstration
Key People:Jean-Sebastian David (CEO), Serge Savard (Chair), Anthony Glavac (CFO),
SV Rating: Fair Spec Value - Favorite - as of December 30, 2022: NioBay Metals Inc was made a Fair Spec Value rated 2023 Favorite at $0.18 on December 30, 2022 based on early evidence a major new niobium bearing carbonatite has been discovered under a lake a few km to the west of the existing low grade Crevier syenite dyke hosted niobium-tantalum deposit located in southern Quebec about 150 km northwest of the Niobec Mine now owned by a private group called Magris which owns 27.5% of Crevier. The stock was rated a Good Spec Value Favorite in 2020 and 2021 based on the PEA completed in late 2020 for the James Bay carbonatite hosted niobium deposit in northern Ontario near the town of Moosonee. This deposit was discovered in the 1960s but never developed because of its remote location and the superior Niobec deposit in southern Quebec. NioBay acquired the James Bay project in early 2016 but could not start work because the chief of the Moose Cree First Nation, who represented an anti-mining stance with an emphasis on traditional Indigenous activities such as hunting, fishing and trapping, refused to engage in consultations with NioBay as required by Ontario's drill permitting process. She was ousted in mid 2019 tribal council elections and replaced by a new chief who engaged with NioBay in a manner that would protect community interests. This allowed NioBay to conduct a drill program in 2020 to support an updated resource and delivery of a PEA in October 2020 for a 6,600 tpd open pit mining scenario. Open pit mining was chosen over underground mining because the Moosonee community members preferred jobs operating equipment above ground rather than underground. At the base case price of $45/kg ferro-niobium James Bay has an after-tax NPV ranging from USD $638 million at 10% to $1.25 billion at 5% discount rates with an IRR of 30.4%. Wit...(see Profile for full Overview)
Last Corporate Change - Sep 21, 2016: 5:1 Name Change from MDN Inc (MDN-V)
Last KRO Comment - Apr 21, 2023: KW Excerpt: Kaiser Watch April 21, 2023: NioBay Metals Inc (NBY-V)
Recent News - Aug 29, 2023: Commences 2023 Drilling Campaign at the Crevier Project
  Project Interest   Country Region Stage IPV
($mm)
Target Deposit
Model
James Bay 100% WI Canada James Bay Lowlands 6-Prefeasibility $6 Niobium Carbonatite
Crevier 72.5% WI Canada Central Quebec 7-Permitting & Feasibility $8 Tantalum Niobium Carbonatite
Valentine 100% WI Canada James Bay Lowlands 2-Target Drilling $6 Niobium Carbonatite
Gouin 100% WI Canada Southern Quebec 2-Target Drilling $6 Niobium Carbonatite
Price:$0.760  Open Rec:See Strategy
Market Cap:$49,287,043  WC % of Mkt Cap:8%
Working Cap:$3,716,000  As of:6/30/2023
Issued:64,851,373  Insider %:15.1%
Diluted:64,851,373  Story Type:Resource: Feasibility Demonstration
Key People:Christopher E. Herald (CEO), Brian Labadie (Chair), James R. Maronick (CFO), Walter H. Hunt (COO),
SV Rating: Fair Spec Value - Favorite - as of December 30, 2022: Solitario Zinc Corp was made a Fair Spec Value rated 2023 Favorite at $0.84 on Decxember 30, 2022 based on the potential of the relatively new Golden Crest project in South Dakota to turn into a major gold discovery, and the sleeper potential of the company's Florida Canyon and LIK zinc projects. The key missing piece is a plan of operations permit which would allow Solitario to begin drilling targets it has developed on the 13,500 ha Golden Crest project which the junior began assembling in early 2021. Environmental assessment work was initiated in February 2022 and approval is expected in Q2 of 2023 with drilling underway in H2 of 2023. Golden Crest covers an unexplored plateau to the west of the Black Hills where 93 million ounces have been identified within a 12,000 ha area. Of these 68.3 million ounces are attributable to the Precambrian basement hosted banded-iron-formation Homestake deposit, 8.2 million ounces to the Paleozoic sediment hosted Wharf Mine, and the rest in a variety of deposits including the Richmond Hill/Maitland land package assembled by Bob Quartermain's Dakota Gold Corp. Whereas the exploration activity in the Black Hills to the east involves rethinking the existing geology in the hope that past exploration overlooked significant gold zones, Solitario's work at Golden Crest to the west is old-fashioned grassroots exploration so far limited to geophysical surveys with surface prospecting and trenching. Golden Crest has seen limited exploration beyond a few old-timer prospect pits that didn't come up with much, and several scout holes drilled by Homestake in the 1990s which confirmed the presence of Homestake Formation within the Precambrian basement at a depth of 300-400 m but never attracted further attention from Homestake. The major also condu...(see Profile for full Overview)
Last Corporate Change - Jul 18, 2023: 1:1 Name Change from Solitario Zinc Corp (SLR-T)
Last KRO Comment - Aug 2, 2023: KW Excerpt: Kaiser Watch August 2, 2023: Solitario Zinc Corp (SLR-T)
Recent News - Aug 2, 2023: Newmont Increases Stake in Solitario to 9.95% With $2.5 Million Strategic Investment
  Project Interest   Country Region Stage IPV
($mm)
Target Deposit
Model
Golden Crest 100% WI United States South Dakota 2-Target Drilling $49 Gold Banded Iron Formation
Florida Canyon 30% FC Peru Northern Peru 5-PEA $164 Zinc Lead Silver Mississippi Valley
Lik 50% WI United States Alaska 5-PEA $99 Zinc Lead Silver Sedex
 

Copyright © 2023 Kaiser Research Online, All Rights Reserved