Agnico Eagle

Canadian Gold Corp (TSXV: CGC) is progressing its Tartan Lake Gold Mine project in Manitoba, supported by a strategic investment from mining financier Rob McEwen. A pending updated resource estimate will include more than 30,000 metres of drilling completed since 2021. With an average grade of 6.32 g/t Au and strong infrastructure access, the Company is targeting a potential restart of underground operations. CGC also holds projects near Agnico Eagle’s Hammond Reef and Malartic mines. Multiple near-term catalysts, including a resource update, PEA, and additional drill results, could impact valuation as the company advances toward development. [more]

The mining investment landscape is shifting, and veteran investor Rick Rule sees opportunity. Speaking at PDAC, he emphasized that only a fraction of the 3,000 junior miners are worth investing in, urging investors to focus on management expertise, clear project objectives, and high-quality assets. He highlighted opportunities in Tier 1-bound deposits, high-quality producers like Agnico Eagle, and royalty and streaming companies. Rule also noted that single-asset producers are prime for consolidation as major mining companies seek growth. His core message: invest in quality teams, overlooked commodities, and projects with long-term potential despite prevailing market sentiment. [more]