The next few years as a golden opportunity
The US dollar is weakening and concerns about inflation and government spending are growing. The time now may resemble the late 1970s. Those years were very good for gold. This would also help the mining companies, which could then be more self-sustaining or get financing more easily.
In recent years, it has not been so easy for junior companies to get financing under the table. And the big gold companies have made few new gold discoveries. This could change, because acquisition opportunities are rare at the moment. So more emphasis should be placed on new discoveries.
But there are also gold companies that already own promising gold properties, such as Aurania Resources or Filo Mining.
Aurania Resources - https://www.commodity-tv.com/play/aurania-resources-update-on-corona-impact-food-support-of-local-shuar-people/ - focuses on precious metal and copper projects in South America. The main project is The Lost Cities Cutucu Project in southeastern Ecuador. Two geologists and a professor initially focused on historical archive research. Today, the project is being investigated with the most modern methods and this special combination has already shown the presence of high-grade copper, silver and gold deposits. Current samples have shown up to 6.1 percent copper and 51 grams of silver per ton of rock.
Filo Mining - https://www.commodity-tv.com/play/filo-mining-advancing-big-copper-gold-silver-deposit-in-argentina-and-chile/ - owns 100 percent of the Filo del Sol property in Chile with gold, silver and copper deposits. Additional drilling could triple the size of the known deposit. The company is well financed to continue drilling on a large scale.
Latest company information and press releases from Aurania Resources (https://www.resource-capital.ch/de/unternehmen/aurania-resources-ltd/) and Filo Mining (https://www.resource-capital.ch/de/unternehmen/filo-mining-corp/).
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