Newsletter 05 /2019
Share of the Week: EnWave + Savannah Resources + Saturn Oil & Gas + The Natural Gem Fund One + Osisko Gold Royalties + Maple Gold Mines + Sibanye-Stillwater + MAG Silver + Endeavour Silver + Aurania Resources + Auryn Resources + First Cobalt + Bluestone Resources + RavenQuest
New Precious metal report online: Precious Metal Report 2019 + Updates + Additional Stocks
New Uranium report online: Uranium Report 2019 - Update
Interviews with some extremely interesting discussion partners could be led in the context of the recently taken place investor fair INVEST in Stuttgart. In addition, several interesting lectures took place during the Deutsche Rohstoffnacht 2019.
Savannah Resources: Developing Lithium Project In EU With Strong Financials
Saturn Oil & Gas: Doubling Oil Production To 2000 Barrels Per Day In 2019
Endeavour Silver: Production At 4th Mine Started - 5th Mine End Of 2020 In Production
Oliver Gross: Market Analysis on Copper, Silver, Cannabis & Uranium
Ronald Stöferle: Loss of confidence on a broad basis
Saturn Oil & Gas: Investor Presentation Invest Stuttgart, April 2019
Endeavour Silver: Investor Presentation At Invest Stuttgart, April 2019
Share of the week: EnWave
EnWave receives major order from the cannabis industry
EnWave recently announced that it has signed an equipment purchase agreement with The Green Organic Dutchman Holdings Ltd. ("TGOD") to provide TGOD with a further three 120 kW large radiant energy vacuum units ("REV™") equipped with optional support equipment and robot arms. TGOD has purchased the additional three REV processing lines to expand its drying capacity of high-quality certified organic cannabis in Canada. The expansion by three 120 kW REV machines will increase the total licensed cannabis processing capacity to 420 kW REV machines.
The agreement confirms the benefits of REV™ technology as a turnkey solution for the rapid drying of cannabis and hemp at low temperatures to provide a high-quality cannabis product. The agreement also extends the use of EnWave's REV™ technology within the fast-growing global medical and recreational cannabis market.
News: EnWave Signs Purchase Agreement with The Green Organic Dutchman for Three 120 kW REV™ Machines with to Dry Cannabis in Canada
Video: EnWave: Increasing Moon Cheese Sales & Establishing REV Technology In Cannabis Sector
EnWave receives further machine order
EnWave recently reported that the company has signed a taxable commercial license agreement with Fresh Business Consulting S.L.. Fresh Business is part of a diversified investment and advisory firm with business interests in Spain (headquarters), the United Kingdom and Peru. Fresh Business also placed an order for a small commercial Radiant Energy Vacuum ("REV™") machine to start commercial production in Peru.
News: EnWave Signs Commercial License Agreement with Fresh Business Consulting and Receives Purchase Order for REVTM Machinery
Recession ahead? - Gold ahead!
Russia buys gold, China buys gold, Turkey buys gold, Egypt buys gold, the latter even with symbolic power! A whole group of other central banks, especially from emerging countries, are doing the same as the big ones. Why this quest for the yellow precious metal? It's just a safeguard. A protection that has proven itself over thousands of years. All paper money, even currencies initially tied to precious metals, has been lost so far. Slowly, but surely, this fate is also becoming apparent for the US dollar, which is the world's dominant currency.
China and Russia are not least to blame for this when the time comes. But it does not necessarily mean these two opponents of the USA. These two try to hedge themselves with gold rather. At the same time, they are trying to become more independent of the US dollar. For the leading politicians and central bankers of Russia and China, it seems clear that the next economic downturn, the "R" word (recession), nobody likes to use, could become quite angry.
Since the global economic crisis of 2008, global debt has risen dramatically. A large part of this can only be served if economic growth creates the necessary scope for profits, from which taxes can be collected. Help from central banks via cheap money is also only possible to a limited extent, since we already live in a low-interest environment. Slowly, but surely, the central banks are ready to intervene successfully.
This is why gold is so sought after by those who face reality. Because gold is an investment vehicle that is mobile and always valuable. If faith in the US dollar is lost in the next recession, faith in gold will increase accordingly. This will also increase the value, i.e. the price of the precious metal. This can happen quickly and even, no, probably, exceed the old record levels. For investors, gold is therefore part of their hedging strategy.
Maple Gold Mines Launches Major Drilling Campaign
Maple Gold Mines has recently commenced drilling with Orbit Garant's first drill rig at the first drill site in the Nika Zone. The first drill from Forage Pikogan has also arrived and was set up at the first location in the Porphyry Zone.
News: Maple Gold commences drilling with two drill rigs now on site
Sibanye-Stillwater publishes important documents
Sibanye-Stillwater recently announced that the Integrated Annual Report 2018, the Annual Financial Report, the Annual Report, the Summary Report, the Annual General Meeting Invitation, the Mineral Resources and Mineral Reserves Supplement and other relevant supplemental documents have been posted on its website at reports.sibanyestillwater.com/2018
News: Sibanye-Stillwater releases its Annual suite of reports, the AGM Notice and the No Change Report
MAG Silver Reports Significant Progress in Mine Construction
MAG Silver recently announced its audited consolidated results for the year ended December 31, 2018. The Company has announced several significant advances in mine construction and the most recent drill program.
News: MAG Silver Reports 2018 Annual Results
Video: MAG Silver: Juanicipio Development Receives Joint Approval - Construction Starts Immediately
Endeavour Silver Reaches Commercial Production at El Compas Mine
Endeavour Silver announced a few days ago that it had reached commercial production at the El Compas mine in Zacatecas, Mexico, in mid-March. El Compas is the company's fourth mine in Mexico and the first of three development projects being expanded to increase production, reduce costs and promote organic growth. The El Compas facility has a design capacity of 250 tonnes per day with estimated production rates of 83% gold and 50% silver. Between February 18 and March 17, the plant processed development ore from the stockpile at an average production rate of 232 tonnes per day (93% of design output) and recovery rates of 73.5% gold (88% of design output) and 45.5% silver (63% of design output but only 13% of sales).
News: Endeavour Silver Achieves Commercial Production at El Compas Mine in Zacatecas, Mexico
Endeavour Silver Mines 1.9 Million Ounces of Silver Equivalent in First Quarter
Endeavour Silver recently announced production results for the first quarter of 2019 at the Company's four silver-gold mines in Mexico, with silver production of 1,071,355 ounces (oz) and gold production of 10,055 oz for the first quarter of 2019. This corresponds to a silver equivalent production of 1.9 million oz at a silver to gold ratio of 80:1.
News: Endeavour Silver Produces 1,071,355 oz Silver and 10,055 oz Gold (1.9 Million oz Silver Equivalents) in the First Quarter, 2019
Interview: Endeavour Silver: Production At 4th Mine Started - 5th Mine End Of 2020 In Production
Aurania Resources triples target area Tsenken
Aurania Resources recently reported that the Tsenken target area of the Lost Cities - Cutucu project in southeastern Ecuador has been extended by 6 km. High grade copper and silver mineralization has now been found along a 9 km long trend. Recent samples of boulder rock in rivers contain up to 7% copper and 70 g/t silver. Subsequent exploration on these rivers has resulted in the discovery of copper and silver in an outcrop.
News: Aurania Expands the Tsenken Target in Ecuador with New High-Grade Copper - Silver Samples
Aurania Resources doubles Kiru's copper-silver target
Aurania Resources recently announced that high grade copper and silver over an area of 6 kilometres x 3 kilometres has been found in the Kirus target area of the Lost Cities - Cutucu project in southeastern Ecuador. Samples from boulders in streams contain up to 12% copper at 166 grams per tonne of silver. Follow-up examination of these streams has led to the discovery of outcrops containing up to 5% copper with 70g/t silver.
News: Aurania Resources: Aurania's Kirus Copper-Silver Target Doubles in Size
Auryn Resources Announces Drastic Copper-Gold Expansion
Auryn Resources recently announced an expansion of mineralization on the Fierrazo target at the Sombrero copper-gold project in southern Peru. Through continuous sampling, the previously reported 184 metre 0.57% copper equivalent result was extended by 48 metres with 0.51% copper equivalent (0.49% copper and 0.04 g/t gold), including a higher-grade internal interval of 20 metres with 1.01% copper equivalent (0.97% copper and 0.07 g/t gold). The combined width of mineralization observed at the Fierrazo target is now 232 metres at 0.55% copper equivalent (0.47% copper and 0.13 g/t gold) with a higher-grade internal interval of 40 metres at 1.26% copper equivalent (1.23% copper and 0.05 g/t gold).
News: Auryn Extends Fierrazo Mineralization to 232 meters of 0.55% Copper Equivalent at Sombrero
First Cobalt produces battery grade cobalt sulphate
First Cobalt recently announced that it had successfully produced a battery-compatible cobalt sulphate using the First Cobalt Refinery flow chart.
This important milestone brings the company closer to re-commissioning the only approved primary cobalt refinery in North America. With this information, the ongoing discussions with automotive companies, cobalt mines and investors can now move to a more advanced stage.
News: First Cobalt Produces Battery Grade Cobalt Sulfate
Bluestone Resources Delivers Top Drill Results
Bluestone Resources has recently announced additional high-grade intercepts from the resource upgrade infill drilling program at the Cerro Blanco gold project. Of particular importance are the broad zones of high-grade mineralization drilled in several different holes. For example, 8.1 metres at 8.3 g/t Au and 73 g/t Ag (hole UGCB18-122), 5.6 metres at 19.9 g/t Au and 281 g/t Ag (hole UGCB18-124) and 10.2 metres at 13.1 g/t Au and 25 g/t Ag (hole UGCB18-126). These wider intervals, which include several closely spaced vein sets, are reminiscent of those drilled last year by Bluestone in the lower parts of the South Zone orebody and have been identified in the feasibility study as suitable for long hole stop methods and as key factors for project economics.
News: Bluestone Resources’ Cerro Blanco project Delivers 10.2 meters of 13.1 g/t Au and 25 g/t Ag on Resource Upgrading Drilling Program
Video: Bluestone Resources: Converting Inferred To Measured While Looking For Project Financing
RavenQuest Receives Health Canada License
RavenQuest recently announced that it has received a Health Canada License for cultivation at the company's flagship facility in Edmonton. The license allows RavenQuest to start cannabis production within the revolutionary Orbital Garden 2.0 growing technology at its state-of-the-art production facility in Edmonton. The Edmonton plant increases RavenQuest's production capacity by 275%, increasing annual capacity by 7,000 kg and the company's total production capacity to approximately 11,000 kg per year.
News: RavenQuest Secures Health Canada Cultivation License at Edmonton Facility
Site Visit: RavenQuest BioMed Site Visit At Edmonton Facility, January 2019
Swiss Resource Capital AG and the authors of Swiss Resource Capital AG currently hold or intend to hold shares in the following companies EnWave + Savannah Resources + Saturn Oil & Gas + The Natural Gem Fund One + Osisko Gold Royalties + Maple Gold Mines + Sibanye-Stillwater + MAG Silver + Endeavour Silver + Aurania Resources + Auryn Resources + First Cobalt + Bluestone Resources + RavenQuest.
Swiss Resource Capital AG has concluded IR consulting agreements with the following companies mentioned in this issue: EnWave + Osisko Gold Royalties + Maple Gold Mines + Sibanye-Stillwater + MAG Silver + Endeavour Silver + Aurania Resources + Auryn Resources + First Cobalt + Bluestone Resources + RavenQuest.
This publication is based on Swiss Resource Capital AG's detailed risk warnings, limitations of liability and disclaimers, which can be viewed here: Risk Disclosure and Disclaimer