LONDON, Oct. 26, 2020 /PRNewswire/ -- Australia's first New South Wales Gold Rush took place over 120 years ago. Back then, prospectors wielded nothing more than pickaxes. Now, a second Gold Rush is on, with a mad rush to this territory with gold explorers wielding the latest technology. Mentioned in today's commentary includes: IAMGOLD Corporation (NYSE:IAG), Newmont Corporation (NYSE:NEM), Yamana Gold Inc. (NYSE:AUY), Pan American Silver Corp. (NASDAQ:PAAS), Kinross Gold Corporation (NYSE:KGC).
Huge mining names have now gathered. And a sea of junior explorers is attempting to storm the venue. But one stands out: Sentinel Resources Corp. (SNL; SNLRF). It has 8 massive gold projects covering nearly 95,000 hectares which contains nearly 200 historic, high-grade Gold-Rush-era mines and showings.
Sentinel Resources Corp. is already up over 3X (and rising) likely because it's sitting on an incredibly massive gold land package in one of the most untapped gold rush venues in the world.
For Every 1% Gold Goes Up, Gold Explorers Can Rise As Much As 10% Or More
The world's central banks are on an unprecedented money-printing binge. By Q2 2020 alone, in a frantic attempt to save the economy squashed by a pandemic, the Feds have printed some $3.5 trillion in new money, out of thin air.
The biggest banks in the world are eyeing gold prices of around $3,000 in just over a year. Former Citigroup billionaire Thomas Kaplan predicts $5,000 gold. And the smartest investors are doing the deep research to uncover small-cap gold explorers sitting on billions in potential gold. And Sentinel Resources is an approximately $15M market cap gold explorer that's staked massive claims right in the beating heart of a historic gold rush play.
$126 Billion Underground With Gold Concentrations Up To 184 Grams Per Ton
Again, Sentinel (SNL; SNLRF) has 8 huge gold projects in NSW. Some of them could have gold concentrations that would have the world's top miners flocking to the area. And that's in a territory that's already produced over 40 million ounces of gold … and still has an estimated 68 million+ ounces in the ground.
Some 60 of the 198 historic gold mines and major gold showings Sentinel has acquired in NSW are previous high-grade mines with potential to be developed into world-class gold mines. And 17 of those 60 have shown some intersections with gold concentrations of up to 184 grams per ton (g/t) Au.
As we speak, Sentinel is running a high-tech evaluation of all 198 historic mines and gold showings across its 8 gold projects. They'll pick the top 50% for Phase 2 exploration--the second de-risking. The remaining 50% will be considered for joint venture.
Sentinel's already got a massive historic database of over 3,000 data points on these NSW gold plays. That could be worth over $30 million in free exploration juice. Honing in on just one target area paints a picture of the sheer breadth of this gold potential:
The Peel-Manning Fault System, for starters, is a structuree between two continental blocks--and it's a colossal structure that's already shed half a million ounces of minerals (that's $862 million in today's dollars). Sentinel is eyeing the possibility here that in 2 areas of the system alone, they could get more than a million ounces of gold, making it arguably one of the top junior gold plays in the entire world.
Stanleys: Bonanza Grade. 2,720 Ounce Historic Nugget
Because of the unique geology of the area, gold was formed in high densities. A historic gold nugget worth $17.3 million was found at Sentinel's Stanleys project--120 years ago. It made front-page news then. It would make a digital explosion today. But Sentinel (SNL; SNLRF) isn't going for a single gold nugget--no matter how big it is. It's going for … gold … in 8 massive projects littered with almost 200 historic, high-grade mines and gold showings of Gold Rush fame. And they have one of the biggest names in gold exploration behind them.
Dr. Chris Wilson, professional geologist and speacialist mine finder. Dr. Wilson has been direcvtly involved in the development of some of the most explosive juniors in recent months, particularly in Australia!
The Gold Rush Is Just Getting Started
Sentinel is expecting final exploration drilling approval in less than four weeks. It's already got exploration data to work with, and it's already identifying targets. Within three months, this story could be out of the bag, and with more exposure this NSW gold rush will be hard to contain. And this is a true gold rush. Everyone's congregating here--with big results.
They're sitting on some of the most highly prospective ground in the world with an unbelievable land package in Gold Rush territory that's been forgotten for over a century. In terms of geological addresses, it doesn't get any better than this. And with some of the biggest names in gold exploration behind the wheel, the de-risking looks delightful.
Smart investors are getting in ahead of the next big NSW announcement, Sentinel Resources exploration results, or another historic multi-million-dollar nugget shared on Twitter and Facebook worldwide. If that happens, Sentinel Resources Corp. (SNL; SNLRF) could become one of the biggest gold explorer stories of 2020. But they're not alone…
Gold majors across the board have had an incredible year, but the rally may just be getting started. From IAMGOLD to giants like Newmont and Yamana, there's still room to run, and gold prices could send these companies into the stratosphere.
IAMGOLD (IAG) is an ambitious Canadian miner with a global footprint. Though its footprint is not quite as large as it once was, the company still maintains a strong presence across three continents. Currently, its four mines produce as much as 800,000 attributable ounces of gold each year. And its robust exploration profile suggests that production isn't going to be slowing anytime soon.
This year, IAMGOLD has made the most of higher gold prices, opting to significantly reduce its debt, as has been a running theme for the gold giant since 2013. And it's paid off, as well. Investors see the company's improving financials as a positive sign, and it's share price has reflected it.
The headlines we abuzz last year when Newmont (NEM) acquired Goldcorp, making it the world's largest gold company. Though it was controversial at the time, the $10 billion acquisition has paid off in a big way. As gold climbed to record highs thanks to investors piling into gold due to the COVID pandemic, Newmont has seen a boom in its share price. This year, gold has soared from $1282 to over $2000 at one point, and Newmont's stock rose with it, earning investors as much as 90% returns on their original purchase.
Newmont may be the biggest gold mining company on the planet, but that doesn't mean that it doesn't still have significant upside potential.
Recently, Yamana Gold (AUY) signed an agreement with Glencore and Newmont Goldcorp to develop and operate another Argentinian project, the Agua Rica. Initial analysis suggests the potential for a mine life in excess of 25 years at average annual production of approximately 236,000 tonnes (520 million pounds) of copper-equivalent metal, including the contributions of gold, molybdenum, and silver, for the first 10 years of operation. The agreement is a major step forward for the Agua Rica region, and all of the miners working on it.
Yamana been on a tear this year. Since March, the miner has seen its share price climb by as much as 145%, and it could be heading even higher. That's great news for investors looking to jump on board the gold rally. Though it weighs in with a modest $5.4 billion market cap, Yamana's $5.78 per share price is accessible for all types of investors.
In addition to gold, silver has also had a great year. And Pan American Silver Corp. (PAAS) has reaped the benefits. Though some of its production was taken offline due to the pandemic, Pan American has recently begun resuming operations in some of its most lucrative mines, including its Huaron and Morochoca mines in Peru. Pan American had suspended normal operations at its mines in Mexico, Peru, Argentina and Bolivia in March 2020 to follow through with quarantine measures imposed to slow the spread of the COVID-19 virus, but with Huaron and Morochoca now back online, the company is once again firing on all cylinders.
Kinross Gold Corporation (KGC) may not have the history of some of its century-old peers, but it is leapfrogging ahead in the industry, quickly becoming one of the world's most exciting miners. With operations across the globe, it's big picture approach is paying off. The $11 billion gold gaint has mines in Brazil, Ghana, Mauritania, Russia and the United States, and it's looking to expand even further.
Since 2015, Kinross has seen its share price rise by as much as 400%. In fact, this year alone, it's already up by as much as 88%. And Kinross is showing no signs of slowing.
By. Paul Harton
IMPORTANT NOTICE AND DISCLAIMER
PAID ADVERTISEMENT. This article is a paid advertisement. GlobalInvestmentDaily.com and its owners, managers, employees, and assigns (collectively "the Publisher") is often paid by one or more of the profiled companies or a third party to disseminate these types of communications. In this case, the Publisher has been compensated by Sentinel Resources Corp. to conduct investor awareness advertising and marketing. Sentinel paid the Publisher to produce and disseminate five similar articles and additional banner ads at a rate of seventy thousand US dollars per article. This compensation should be viewed as a major conflict with our ability to be unbiased.
Readers should beware that third parties, profiled companies, and/or their affiliates may liquidate shares of the profiled companies at any time, including at or near the time you receive this communication, which has the potential to hurt share prices. Frequently companies profiled in our articles experience a large increase in volume and share price during the course of investor awareness marketing, which often ends as soon as the investor awareness marketing ceases. The investor awareness marketing may be as brief as one day, after which a large decrease in volume and share price may likely occur.
This communication is not, and should not be construed to be, an offer to sell or a solicitation of an offer to buy any security. Neither this communication nor the Publisher purport to provide a complete analysis of any company or its financial position. The Publisher is not, and does not purport to be, a broker-dealer or registered investment adviser. This communication is not, and should not be construed to be, personalized investment advice directed to or appropriate for any particular investor. Any investment should be made only after consulting a professional investment advisor and only after reviewing the financial statements and other pertinent corporate information about the company. Further, readers are advised to read and carefully consider the Risk Factors identified and discussed in the advertised company's SEC, SEDAR and/or other government filings. Investing in securities, particularly microcap securities, is speculative and carries a high degree of risk. Past performance does not guarantee future results. This communication is based on information generally available to the public and on interviews with company management, and does not (to the Publisher's knowledge, as confirmed by Sentinel) contain any material, non-public information. The information on which it is based is believed to be reliable. Nevertheless, the Publisher cannot guarantee the accuracy or completeness of the information.
SHARE OWNERSHIP. The Publisher owns shares and/or stock options of the featured companies and therefore has an additional incentive to see the featured companies' stock perform well. The Publisher does not undertake any obligation to notify the market when it decides to buy or sell shares of the issuer in the market. The Publisher will be buying and selling shares of the featured company for its own profit. This is why we stress that you conduct extensive due diligence as well as seek the advice of your financial advisor or a registered broker-dealer before investing in any securities.
FORWARD LOOKING STATEMENTS. This publication contains forward-looking statements, including statements regarding expected continual growth of the featured companies and/or industry. The Publisher notes that statements contained herein that look forward in time, which include everything other than historical information, involve risks and uncertainties that may affect the companies' actual results of operations. Factors that could cause actual results to differ include, but are not limited to, changing governmental laws and policies impacting the company's business, the degree of success of identifying mineral-rich areas to explore, the degree of success of drilling excursions, geopolitical issues in the various parts of the world in which the company operates, the size and growth of the market for the companies' products and services, the ability of management to execute its business plan, the companies' ability to fund its capital requirements in the near term and long term, pricing pressures, etc.
INDEMNIFICATION/RELEASE OF LIABILITY. By reading this communication, you acknowledge that you have read and understand this disclaimer, and further that to the greatest extent permitted under law, you release the Publisher, its affiliates, assigns and successors from any and all liability, damages, and injury from this communication. You further warrant that you are solely responsible for any financial outcome that may come from your investment decisions.
INTELLECTUAL PROPERTY. GlobalInvestmentDaily.com is the Publisher's trademark. All other trademarks used in this communication are the property of their respective trademark holders. The Publisher is not affiliated, connected, or associated with, and is not sponsored, approved, or originated by, the trademark holders unless otherwise stated. No claim is made by the Publisher to any rights in any third-party trademarks.
DISCLAIMER: GlobalInvestmentDaily.com is Source of all content listed above. FN Media Group, LLC (FNM), is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated in any manner with GlobalInvestmentDaily.com or any company mentioned herein. The commentary, views and opinions expressed in this release by GlobalInvestmentDaily.com are solely those of GlobalInvestmentDaily.com and are not shared by and do not reflect in any manner the views or opinions of FNM. FNM is not liable for any investment decisions by its readers or subscribers. FNM and its affiliated companies are a news dissemination and financial marketing solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNM was not compensated by any public company mentioned herein to disseminate this press release. FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.
Media Contact e-mail: [email protected]
U.S. Phone: +1(954)345-0611