Weekly acquire: 60 %; present share value: C$0.16; market cap: C$17.39 million

Gold exploration firm Satori Assets is concentrated on exploring its flagship Tartan Lake gold mine undertaking in Manitoba’s Flin Flon greenstone belt. The positioning hosts a past-producing mine that put out 47,000 ounces of gold between 1987 and 1989, in addition to a processing plant and floor infrastructure. Satori has seen promising drill outcomes from exploration over the previous few years.

Though the corporate did not launch information final week, it shared a serious replace the week earlier than. On February 7, Satori introduced that Rob McEwen has acquired 37.6 % of the corporate, changing into its largest shareholder. Satori is proposing to amass McEwen’s exploration firm Apollo Exploration, which has exploration initiatives close to important gold mines and initiatives throughout Canada.

Satori is planning to alter its title and ticker image as soon as the deal closes, and in addition shared different subsequent steps within the launch. The information led to continued positive aspects for Satori, which began February at a share value of C$0.04.

Weekly acquire: 51.02 %; present share value: C$0.74; market cap: C$26.73 million

Pasofino Gold is a Canada-based explorer at present targeted on the Dugbe gold undertaking in Liberia, by which its wholly owned subsidiary ARX Assets holds a 49 % financial curiosity. The remaining 51 % is owned by Hummingbird Assets’ subsidiary Hummingbird Assets Liberia. In November 2022, Pasofino introduced its intent to train its proper to personal 100% of Dugbe by buying the remaining curiosity in trade for 51 % of Pasofino.

Final Monday, Pasofino shared that it will likely be doing a strategic assessment of the Dugbe gold undertaking with Hummingbird.

Weekly acquire: 46.15 %; present share value: C$0.095; market cap: C$20.98 million

ATAC Assets is a gold and copper exploration firm trying to find the metals in Yukon and BC, Canada, in addition to Nevada, US. Its portfolio contains the Rackla gold undertaking in Yukon, in addition to three others within the territory, and the PIL copper-gold undertaking in BC.

Final Monday, ATAC shared that in January it acquired a suggestion from Victoria Gold (TSXV:VGCX,OTC Pink:VITFF), which needed to amass 100% of ATAC at a value of C$0.12 per share. Though ATAC has turned down the supply, which it mentioned doesn’t “totally captured the numerous worth of ATAC,” it’s now partaking different events to contemplate options.

Weekly acquire: 36.8 %; present share value: C$3.68; market cap: C$345.42 million

Exploration and growth firm Bravo Mining is advancing its 100% owned Luanga undertaking in Brazil’s Carajás mineral province. Luanga is palladium dominant, and in addition potential for platinum, rhodium, gold and nickel. The corporate beforehand found a big nickel and copper sulfide intercept on the undertaking’s central zone.

Bravo Mining introduced final Tuesday (February 14) that new assays from drilling on the Luanga undertaking’s central and south zones “recognized a brand new zone and magnificence of nickel sulphide mineralization,” which the corporate states is doubtlessly magmatic.

Weekly acquire: 32.43 %; present share value: C$0.49; market cap: C$30.49 million

Arras Minerals has a portfolio of copper and gold belongings in Kazakhstan, together with its flagship Beskauga copper-gold porphyry deposit. The corporate at present has an earn-in possibility settlement that can enable it to amass a 100% curiosity in Beskauga after spending C$15 million on exploration over 4 years and an extra C$15 million cost.

Final Monday, Arras mentioned it has acquired three extra mineral exploration licenses in Kazakhstan that collectively add as much as 364 sq. kilometers. The licenses have been granted by the nation’s Ministry of Business and Innovational Improvement and produce Arras’ land bundle as much as a complete of three,300 sq. kilometers.