Savvy investors, brokers, and institutional investors try to identify future news items or “Catalysts” that address significant company milestones. Identifying and anticipating these news items can greatly influence an investor’s success.
Each month we compile a list of significant upcoming news catalysts that are expected in the next 30 days. We believe these catalysts have the potential to move the listed companies’ stock. These news catalysts are a reminder of already publicly released plans.
Stock Catalysts are sent to our subscribers on the first day of each month. They are posted here one week after the beginning of the month. Subscribe to the Resource Investing Newsletter to ensure you are among the first to receive the Resource News Stock Catalysts.
In early May, Corvus Gold (TSX:KOR,OTCQX:CORVF) commenced an aggressive 20,000 metre drill program at its North Bullfrog Project in Nevada. The program is designed to follow-up on high-grade and stockwork vein systems in the Yellow Jacket Zone, as well as to expand the bulk tonnage resource and complete the environmental baseline monitor well network for future permitting activities. Investors should be on the lookout for initial results from this drill program in the coming weeks. The company has a market capitalization of about $35 million.
Klondex Mines (TSX:KDX,OTCQX:KLNDF) is primarily engaged in the surface and underground exploration and development of its wholly-owned Fire Creek gold property in North Central Nevada. The current resource is estimated to contain 1.6 million ounces gold in the indicated category and 458,000 oz gold in the inferred category. Klondex anticipates releasing an updated resource estimate calculated by Micon International in mid 2013. This updated resource will include 240,000 ft of core re-logging and an additional 120,000 feet of core drilling. The company has a market capitalization of $86 million.
Mines Management (TSX:MGT) is in the permitting phase of its Montanore silver-copper project located in northwestern Montana. As of November 2012 the company reported that the Biological Consultation and preparation of the Biological Opinion were underway, which, upon completion, are expected to be followed by the Final Environmental Impact Statement and Record of Decision. The company continues to limit activity levels, including capital expenditures, until the timing for the receipt of the Record of Decision for the Montanore Project becomes clearer. The company has a market capitalization of $30 million.
Canadian International Minerals (TSXV:CIN) has been aggressively acquiring claims around Alpha Minerals Inc. and Fission Energy Corp’s PLS project in Athabasca region of west central Saskatchewan. The claims were staked for their proximity to the PLS discovery and interpreted favourable geology for the occurrence of PLS style uranium mineralization. The company intends to release geological and technical details of the properties it has acquired once compilation and review of data is completed. The company has a market capitalization of $1.6 million.