New Research: Centaurus Metals (CTM) - Jaguar In The Scope

April 15, 2021

Centaurus Metals (CTM) has released a ‘Base-case’ Scoping Study for development of the Jaguar nickel sulphide project in Brazil. This scenario incorporates a 2.7Mt flotation plant, fed from eight deposits with open pit and underground mining. The study generates robust financial outcomes over an initial 10-year mine life. We...

Perenti (PRN) - Reiterating Investment Case

April 15, 2021

We reiterate our BUY case and argue PRN’s Underground business alone underpins the current market valuation.  A turnaround in African Surface Mining may prove a swing factor.  We expect rigour around capital deployment to improve risk-adjusted returns despite emerging mining sector cost pressures and potential currency risks.  To access the...

Genesis Minerals (GMD) - Update MRE

March 30, 2021

Success at the drill bit has resulted in additional resource ounces at GMD’s Ulysses project. We anticipate future exploration success and note that in its current state the project supports a standalone mining operation. Updated Feasibility Study due next quarter.  To access the full report please log in under the...

Poseidon Nickel (POS) - Swans and Swings

March 29, 2021

A swing nickel player getting impetus towards production. It could lead on to bigger things. To access the full report please log in under the Client Area at the bottom of this page.  Argonaut’s Client Area allows you to view delayed share prices, access Argonaut’s wealth of Research as well as...

Xanadu Mines (XAM) - Higher Grades Confirmed In Mongolia

March 26, 2021

Xanadu Mines (XAM) has released assays for drilling at the Kharmagtai and Red Mountain Projects, Mongolia.  Hole KHDDH563 at Kharmagtai has confirmed high grade bornite zone mineralisation encountered in previous hole KHDDH559B. High grade mineralisation remains open at depth and may be extended by current hole KHDDH564.  Drilling at...

Red 5 Ltd (RED) - Padding Up Again

March 18, 2021

The need for another raise is a symptom of poor planning, and lender risk aversion. It’s a new start however and a chance to build from here.  To access the full report please log in under the Client Area at the bottom of this page.    Argonaut’s Client Area allows you...

Apollo Consolidated (AOP) - The Séguéla Factor

March 18, 2021

Apollo has sold its 1.2% NSR interest over the Séguéla Gold Project to Gold Royalty Corp. for $20M cash. This is a good outcome for AOP as it absolves it of any development risk. The $20M is freed up for exploration and potential development of Lake Rebecca and reduces...

Apollo Consolidated (AOP). The Séguéla Factor

March 11, 2021

Apollo holds a 1.2% NSR interest over the Séguéla Gold Project in Côte d'Ivoire owned by TSX listed Roxgold. Recent exploration success at Séguéla has likely improved project economics resulting in a higher valuation of this royalty. Speculative buy recommendation is maintained at a valuation of $0.48 per share.  To...

Xanadu Mines (XAM) - Discovering Deeper Value

March 11, 2021

Xanadu Mines (XAM) has ridden the ups and downs of a turbulent decade for commodities. Drilling continued at Kharmagtai during the latter half of 2020 and yielded a spectacular high-grade intercept beneath Stockwork Hill. We speculate identification of deeply seated block cave mineable resources may be pivotal to the...