Its rather unfortunate that the small South American nation of Guyana has only been known for one notorious thing – as the location where Jim Jones moved his Peoples Temple to in the 1970s.
However, Guyana is now gaining attention as an up-and-coming natural resources powerhouse that also happens to contain one of the most highly prospective, yet under-explored, gold regions in the world with a geography very similar to that of mineral rich West Africa. And there's one small cap stock at the center of these potential mineral riches.
Back in June, we brought drill ready mining small cap Durango Resources (CVE: DGO; OTCQB: ATOXF) tothe attention ofSmallCap Network members. Since then, there have been a couple of important updates for investors as drilling begins on their 100% owned Découverte Gold Property.
Vancouver B.C., July 11, 2018 - AZINCOURT ENERGY CORP.(“Azincourt” or the “Company”)(TSX.V: AAZ, OTC: AZURF) is pleased to announce in conjunction with its JV partner, New Age Metals (TSX.V: NAM), the addition of the Cat 4 claim to its existing Lithium Two project.
New Age has exercised its option agreement with Mustang Minerals (since renamed Grid Metals Corp) to explore the Cat 4 claim, which lies adjacent to the western boundary of the Lithium Two project and contains the western extension of the Eagle Pegmatite.
When a small cap drill ready mining stock starts making announcements about drill programs about to begin, investor ears should perk up immediately. Drill programs should never be taken lightly as they are always complex and expensive endeavors that would not otherwise be done IFa mining company did not have reason to believe there is a good chance of finding something of value.
Azincourt Energy Corp (TSX-V: AAZ; OTCMKTS: AZURF) is a small capCanadian clean energy mining stock that we began following back in the spring as a promising drill ready play on macro trends towards cleaner and greener energy. And sure enough, the Company is moving forward with summer drilling ready to begin on multiple project properties.
If you are the typical small cap investor and not a geography buff, the chances are good that you have never heard of nor can locate the African country of Burkina Faso on a map. However, gold mining companies definitely know where Burkina Faso is located as it’s becoming one of Africa's hottest destinations for frontier mining with one small cap in particular focusing on finding the country’s next Mother Lode.