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Monday, 14 January 2013
Calling all mining investors: Proactive Investors, with Lydian, EMED, REBgold and Canamex, at Vancouver Resource Investment Conference
Proactive Investors will be at the centre of the action next week at the Vancouver Resource Investment Conference, giving private investors the chance to meet management from several global mineral exploration companies.
The Vancouver Resource Investment Conference is the world's largest investor focused resource exploration conference and the largest of all annual trade shows held in Vancouver, Canada.
At the 2012 conference, over 500 companies, upwards of 60 expert analysts and 11,000 delegates gathered to network and share ideas.
Companies covering every corner of the mineral exploration sector are represented, along with metals dealers, oil & gas, renewable energy, media and financial services companies.
As always, Proactive Investors will not a miss a minute of the action, being a media sponsor for the Broadcast Centre and located at booth 1430, where investors can meet management from Lydian International (TSE:LYD), EMED Mining(LON:EMED) (TSE:EMD), RebGold (CVE:RBG), and Canamex (CVE:CSQ).
Attendees will also be able to watch live interviews from our booth, with CEOs from dozens of other companies at the event.
This year, speakers at the conference include Dr. Michael A. Berry of Discovery Investing, CEO of Euro Pacific Capital Peter Schiff, president and chief engineer of Planetary Resources Chris Lewicki, chair of Deloitte Glenn Ives, and Mickey Fulp of The Mercenary Geologist.
The must-see event for investors and participants in the global mining industry will be held Sunday, January 20 at 8:30am - January 21 at 6:00pm, at the Vancouver Convention Centre West - 1055 Canada Place.
For a closer look at the four companies located at the Proactive Investor booth, see mini-biogs below.
Lydian International is currently focussed on developing its Amulsar gold discovery in southern Armenia. The Amulsar project was a new discovery made by Lydian in 2006 and currently hosts a global resource of 3.2M ounces after its resource update in January 2012.
The latest from the company is that it has configured a new crushing circuit at Amulsar to boost throughput during the winter. Lydian wanted to examine the option of using a larger and single crusher to enable processing at a rate of 10mln tonnes per annum.
It also lately unveiled another "solid" round of drill results, including gold below the current pit shell at the Erato area. Among the highlights, the firm reported 98 metres at 1.9 grams per tonne (g/t) of the yellow metal below the current pit shell at Erato.
EMED Mining, meanwhile, is focused on exploring for copper and gold, with its region of interest spanning from Europe to the Middle East, which includes many past centres of mining and under-explored potential for many styles of mineralisation such as volcanogenic-hosted massive sulphide copper-gold, epithermal gold and porphyry copper-gold.
EMED’s ambitious but much delayed plans to resuscitate an iconic copper mine and district are now on the cusp of becoming a reality. At a general meeting in late December, the company said that, while it has yet to be issued, the crucial permitting for the restart of theRio Tinto copper mine is now at an advanced stage.
The mine developer is awaiting a key sign off - termed ‘Administrative Standing’ – and it told shareholders that the company has been ‘consistently advised, albeit informally, that there are no outstanding matters other than a regulatory policy to await the approval of the environmental plans’. Based on the process to date and the current status the environmental sign off would ‘ordinarily be capable of approval’ in the first quarter of 2013.
The company could still be on course for commissioning by the end of next year.
REBgold's Rantasalmi gold project in Finland is a joint venture with Belvedere Resources (CVE:BEL), formed in 2011, whereby REBgold has the right to earn an interest in two of Belvedere's properties, Kiimala and Rantasalmi.
REBgold can earn a 50-per-cent interest in the properties by spending C$6 million over a four year period. Last October, the company said phase 2 of its 2012 drill program has been “very successful” in confirming the potential of a significant mineralized system at the Rantasalmi property, as the gold explorer extended the hanging wall zone to 200 metres down-plunge from surface.
Under the terms of the joint venture, a completed feasibility study would result in an increase of between 55 and 75 per cent to REBgold’s stake, depending on the level of Belvedere's contribution to the study.
Lastly, Canamex Resources is focused on two gold exploration projects, the Aranka North gold project in Guyana, South America, and the Bruner gold project in Nevada, USA.
Late last month, the Vancouver-based company closed a further financing with US giant silver producer Hecla Mining (NYSE:HL) for just over $21,000. Hecla already owned roughly 15 per cent of Canamex. The junior company recently said it had in excess of $4.1 million cash on hand at the end of 2012, and believes it has enough to carry out its exploration work at both projects into early 2014.
Last year, drill results reported on the Bruner project yielded 118.11 metres of 4.08 grams per tonne (g/t) gold. At its asset in South America, Canamex said soil sampling one metre deep across eight square kilometres of the Ridge Anomaly has found two "prominent gold-in-soil anomalies" - Ridge North and Ridge South.