We had a lot of exciting developments for the Tesla Energy rEVolution and Electric Cars last few weeks. TNR Gold NSR Royalty Holdings in Copper and Lithium will be presenting and amplifying our GEM Royalty Story now with every new development made to advance our projects by industry leaders like Ganfeng Lithium and McEwen Mining. Finally, Alaska is heating up as well with the M&A activity to bring the shining light on our Shotgun Gold Project.
Gold is finding back its confidence again after our recent meditations on The Big Picture and is raising its head above $1,900 already this week. UBS has recommended to its wealthy clients to buy Gold before the elections to hedge the uncertainty of the outcome.
Today we have Peak Gold Supply in the spotlight again. Majors have to buy new Gold projects in order to replenish their resources in the pipeline for development. Kinross Gold is acquiring 70% of the Peak Gold project and putting all our Shotgun Gold development Story into the new light of potential developments now:
"CALGARY - Kinross Gold Corp. is moving to secure additional supply for its Alaska gold operations by buying a controlling interest in the Peak Gold project from Royal Gold, Inc., and Contango Ore, Inc., for $125 million.
Toronto-based Kinross has agreed to pay Royal Gold about $66 million for its entire 40 per cent stake and $59.6 million for half of Contango's 60 per cent share, leaving Contango with a minority 30 per cent holding.
The miner says it plans to process ore from the open-pit Peak Gold mine at its existing Fort Knox mine, 400 kilometres to the northwest, to reduce costs and extend the life of the existing mill and infrastructure." BNN Bloomberg.
Shotgun Gold Project is located 190 km south from Donlin Gold, where our shareholder NovaGold is developing this giant project together with Barrick Gold.
NovaGold is back to $12 dollars already and all the news from the drilling program are confirming my personal thoughts that we may have the giant Gold in the USA M&A in the making.
"In his recent interview on CNBC, Mark Bristow has acknowledged that even if the Barrick Gold’s official Gold price is still $1,200 for all planning purposes, “they are using now $1,500 as the indication for a mid-term time horizon.” It will not escape your attention that nobody will be buying out Barrick Gold, probably, this year, but they will have to buy themselves something big and promising. Who will be talking the Gold price up going into the M&A market as the buyer? All recent developments around NovaGold, which we have discussed in great detail with you here, are pointing us to the brave scientific question for a pure curiosity pleasure at this stage. Who will buy NovaGold first in the fight for the solid lead as the number 1 Gold mining company in the world? Will it be Newmont Mining or will Mark Bristow conclude the “unfinished business” of the previous unsuccessful buy out attempt and will finally bring Donlin Gold “back home”? In the world moving super crazy fast into the $3,000 Gold as a new normal, for me, this is just a question of time now. Nor Barrick Gold neither Newmont Mining can afford to lose Donlin Gold to each other without a walk over effectively from the race for the crown of the world’s top Gold miner."
CEO Mark Bristow has confirmed that Donlin Gold is the key asset for Barrick Gold and that they like what they see in the largest drilling program to date on the property. The decision about $22 billion new railway connecting Alaska and Alberta will bring new infrastructure development to Alaska adding another piece of the puzzle to the making of the Major Gold Mining Camps on the US soil.
Now you can make your own research on TNR Gold and our Shotgun Gold Project and find out why I am acquiring shares in our Company at every opportunity I have and why NovaGold is holding a stake in TNR Gold. Links on the article will allow you to go as deep as you like for your own research. Buckle up and stay safe during your journey! Join and follow TNR Gold.
Gold In The USA, Alaskan Elephant Country: "NovaGold And Barrick Are Praising The Results From Donlin Gold’s Most Ambitious Drilling Project To Date".
Mark Bristow: "Donlin Gold Is A Key Project For Barrick". Gold In The USA, The Alaskan Elephant Country: TNR Gold Shotgun Gold Project Presentation.
Kirill Klip continued, “We are building the green energy metals and gold company. Energy rEVolution requires secure supply lines of the critical strategic metals like copper and lithium. Our forward-thinking approach allows us to integrate our company into the international capital markets and mining industry in order to accelerate the development of Shotgun Gold Project and extend our royalty portfolio in Green Energy Metals, potentially adding to our core royalty holdings on the Los Azules Copper Project with McEwen Mining and the Mariana Lithium Project under the management of Ganfeng Lithium.”
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