Atlantic Gold Industry Report – The Ultimate Guide to Gold Mining Companies in the Appalachian Gold Belt

New discoveries breathe life back into North America’s first gold rush region

eResearch is pleased to publish an Industry Report on “Atlantic Gold Industry Report – The Ultimate Guide to Gold Mining Companies in the Appalachian Gold Belt”. You can download the full 79-page report by clicking here: eR – Atlantic Gold Belt_2021-03-05-FINAL

New discoveries breathe life back into North America’s first gold rush region.

The Atlantic region of North America has been explored and mined for gold for more than 230 years. The region shares a common geological heritage from South Carolina to the island of Newfoundland and has a variety of mineral resources including gold, copper, iron ore, and zinc. Currently, there is mineral production from almost 30 operating mines processing over 20 different commodities. This report focuses on 42-publicly listed gold exploration and mining companies in the region and highlights three companies.

REPORT HIGHLIGHTS:

  • Find the Faults to Find the Gold
    • The Appalachian Mountain Range was formed by the collision of continents that took place over 250 million years ago.
    • During this period, the geologic (tectonic) forces that caused the Earth to buckle, fold, and be uplifted caused cracks and faults allowing mineral-bearing fluids to ascend towards Earth’s surface.
    • The majority of gold deposits and showings occur along boundaries between tectonic zones.
  • Renewed Interest in the Various Gold-bearing Regions
    • Current gold production comes from large, commercial mines in South Carolina, Nova Scotia, and Newfoundland and Labrador.
    • Recent high-grade (“bonanza-grade”) discoveries by New Found Gold (TSXV:NFG) and Sokoman (TSXV:SIC) in Newfoundland, and Aston Bay (TSXV:BAY) in Virginia have renewed investor interest and exploration activities in the region.

COMPANY SPOTLIGHTS:

  • Aston Bay Holdings Ltd. (TSXV:BAY | OTC:ATBHF)
    • Aston Bay - logoAston Bay is a mineral exploration company that explores for gold and base metal deposits in North America. Aston Bay is actively drilling its Buckingham Gold Project in Virginia, a new discovery of high-grade gold, in near-surface quartz veins. It also plans to drill two historic gold mines in the Virginia Gold Belt and has exposure to high-grade copper assets in Virginia and Nunavut, Canada.
  • Sokoman Minerals Corp. (TSXV:SIC | OTC:SICNF)
    • Sokoman Minerals - logoSokoman Minerals is a mineral exploration company with projects in Newfoundland and Labrador, Canada. The company’s flagship property is the Moosehead Gold Project located in central Newfoundland. Sokoman’s other gold projects in the area include the Crippleback Lake and East Alder projects.
  • Magna Terra Minerals Inc. (TSXV:MTT | OTC:BRIOF)
    • Magna Terra - logoMagna Terra is a mineral exploration company focused on precious metals that owns four advanced, district-scale, gold exploration projects in Eastern Canada. Magna Terra owns the Cape Spencer Project in New Brunswick, hosting a resource of 150K gold ounces, and the Great Northern and Viking projects in Newfoundland, hosting a resource of 255K gold ounces.

You can download the full 79-page report by clicking here: eR – Atlantic Gold Belt_2021-03-05-FINAL

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Companies mentioned in this report include:
  • Altius Minerals Corporation (TSX:ALS)
  • Anaconda Mining Inc. (TSX:ANX)
  • Aston Bay Holdings Ltd. (TSXV:BAY)
  • Aurelius Minerals Inc. (TSXV:AUL)
  • Canstar Resources Inc. (TSXV:ROX)
  • Cartier Iron Corporation (CSE:CFE)
  • District Copper Corp. (TSXV:DCOP)
  • Exploits Discovery Corp. (CSE:NFLD)
  • Fancamp Exploration Ltd. (TSXV:FNC)
  • First Mining Gold Corp. (TSX:FF)
  • Galway Metals Inc. (TSXV:GWM)
  • Globex Mining Enterprises Inc. (TSX:GMX)
  • Golden Ridge Resources Ltd. (TSXV:GLDN)
  • Great Atlantic Resources Corp. (TSXV:GR)
  • K9 Gold Corp. (TSXV:KNC)
  • Labrador Gold Corp. (TSXV:LAB)
  • Magna Terra Minerals Inc. (TSXV:MTT)
  • Marathon Gold Corporation (TSX:MOZ)
  • Maritime Resources Corp. (TSXV:MAE)
  • Matador Mining Limited (ASX:MZZ)
  • MegumaGold Corp. (CSE:NSAU)
  • Metals Creek Resources Corp. (TSXV:MEK)
  • New Found Gold Corp. (TSXV:NFG)
  • Nexus Gold Corp. (TSXV:NXS)
  • Northern Shield Resources Inc. (TSXV:NRN)
  • NSGold Corporation (TSXV:NSX)
  • OceanaGold Corporation (TSX:OGC)
  • Pancontinental Resources Corporation (TSXV:PUC)
  • Puma Exploration Inc. (TSXV:PUMA)
  • Quadro Resources Ltd. (TSXV:QRO)
  • Rambler Metals and Mining PLC (AIM:RMM)
  • RJK Explorations Ltd. (TSXV:RJX.A)
  • St Barbara Limited (ASX:SBM)
  • Slam Exploration Ltd. (TSXV:SXL)
  • Sokoman Minerals Corp. (TSXV:SIC)
  • Spearmint Resources Inc. (CSE:SPMT)
  • Stratabound Minerals Corp. (TSXV:SB)
  • Transition Metals Corp. (TSXV:XTM)
  • TRU Precious Metals Corp. (TSXV:TRU)
  • Vulcan Minerals Inc. (TSXV:VUL)
  • White Metal Resources Corp. (TSXV:WHM)
  • X-Terra Resources Inc. (TSXV:XTT)
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Notes: All numbers in USD unless otherwise stated. The author of this report, and employees, consultants, and family of eResearch may own stock positions in companies mentioned in this article.
About Chris Thompson 358 Articles
Chris Thompson is the President and Director of Equity Research at eResearch. He is a Professional Engineer and CFA Charterholder with a MBA in Investment Management and over 15 years of experience in software development, FinTech, telecommunications, and information technology. For the past 10 years, he has worked in the Capital Markets in Equity Research, M&A Investment Banking and Consulting in various sectors.