Issue link: http://resourceworld.uberflip.com/i/1207716
F E B R U A R Y / M A R C H 2 0 2 0 www.resourceworld.com 35 WESTERN USA Corp. [AME-TSXV] is a mineral explora- tion and development company with a focus on copper and gold in the Americas. Its portfolio includes options and leases on the Willow copper-molybdenum property in the Yerington copper camp, near Reno. Recent drilling intersected a key intru- sive rock unit that hosts all of the known copper-molybdenum deposits at Yerington and represents a significant new discovery. Arizona Silver Exploration Inc. [AZS-TSXV] is focused on exploration for high-grade silver-gold targets in Arizona. The company recently initiated a UAV (drone) based airborne magnetic sur- vey over portions of its 100%-owned Philadelphia Project. The objective is to map the alteration peripheral to the high- grade vein commonly associated with the upper levels of an epithermal precious metals system. Philadelphia is a high-grade gold and silver vein target in Mohave County, northwestern Arizona. Coral Gold Resources Ltd. [CLH-TSXV] is a precious metals focused company operating in Nevada, where it holds an uncapped, sliding scale (1% to 2.25%) net smelter return royalty on the advanced stage Robertson Project located 55 km southwest of Elko and which was sold to Nevada Gold Mines in 2017. Nevada Gold Mines is a company owned jointly by Barrick and Newmont Goldcorp. The company also maintains three properties in the Crescent Valley region along Nevada's Cortez Gold Trend. Hecla Mining Company [HL-NYSE] is a leading US silver producer with operat- ing mines in Alaska, Idaho, and Mexico. It also has gold mines in Québec and Nevada. They include three high-grade gold mines in Nevada, which the company added to its portfolio through the US $462 million acquisition last year of Klondex Mines. They included the Fire Creek Mine, the Midas Mine and ore facility, plus the Hollister Mine. The Klondex assets are largely high-grade, narrow vein deposits operated as underground mines that fit well with Hecla's underground experience and expertise located close by in Idaho, the company said. Pure Energy Minerals Ltd.'s [PE-TSXV; PEMIF-OTCQB] flagship lithium brine project is located in Clayton Valley, Nevada, adjacent to North America's only producing lithium mine – Albermarle's Silver Peak Mine. The Clayton Valley Project contains an inferred mineral resource of 218,000 tonnes of lithium carbonate equivalent (LCE). Pure Energy is also working to develop new process- ing technologies for lithium through its collaboration with Tenova Advanced Technologies and others. Its aim is to pro- duce advanced lithium battery materials to meet the anticipated burgeoning growth in lithium demand. South32 Limited [SHTLF-OTC; SOUHY- ASX, LSE, Jo'burg] is a diversified mining and metals company, producing bauxite, alumina, aluminum, energy and metallurgi- cal coal, manganese, nickel, silver, lead and zinc at operations in Australia, Southern Africa, and South America. Trilogy Metals Inc. [TMQ-TSX, NYSE] and South32 recently agreed to form a joint venture to develop the Upper Kobuk Mineral Projects in northwest Alaska. South32 bought Arizona Mining for US $1.3 billion in an all-cash deal. Arizona Mining owned the Hermosa Project which hosts the high-grade base metals Taylor deposit, the central zinc, manganese and silver oxide resource located 81 km south- east of Tucson, Arizona. Adamera Minerals Corp. [ADZ-TSXV] is focused on exploration for high-grade gold deposits in a well-established min- ing district of northeastern Washington State. This area has reportedly produced over six million ounces of high-grade gold. The company recently received per- mits to drill the Outlook Ridge target on the Cooke Mountain Project. The Outlook Ridge prospect is located halfway between the Outlook and Key West mines, which are 1 km apart. The company has entered into an option/joint venture agreement for Hochschild Mining (US) Inc., a wholly owned subsidiary of Hochschild Mining PLC, to earn up to a 75% interest on the Cooke Mountain project by funding explo- ration and completing a feasibility study. Allegiant Gold Ltd. [AUAU-TSXV; AUXXF-OTCQX] was spun out to con- tain what were previously the Western US exploration assets of Columbus Gold Corp. [CGT-TSX, CBGDF-OTCQX]. Allegiant owns 10 projects in the Western US, including seven in Nevada. All were handpicked by Andy Wallace, a successful and highly experienced geologist. Americas Gold and Silver Corp. [USA-TSX] is an emerging precious metals producer with operations in the US and Mexico. They include the Relief Canyon Project in Nevada where the first gold pour is anticipated for January, 2020. Azarga Uranium Corp. [AZZ-TSX; AZZUF-OTCQB; P8AA-FSE] is position- ing itself to be America's next uranium developer. In keeping with that plan, the company has been working to gain the approvals it needs to commence construc- tion at its flagship Dewey Burdock Project in South Dakota, using low-cost in-situ recovery methods. Canex Metals Inc. [CANX-TSXV] is focused on a new discovery at the Gold Range Project in Arizona, where a pros- pector recently found a quartz vein with abundant coarse gold under shallow cover. Subsequent work by Canex on a 1,000- metre long shear zone on the property returned 8.5 g/t gold over 5.6 metres in surface chip samples. Copper Fox Metals Inc. [CUU-TSXV] is working to advance key projects in Canada and the United States, including the two early stage copper projects in Arizona, called Mineral Mountain and Sombrero Butte. Jervois Mining Ltd. [JRV-TSXV, ASX, JRVMF-OTC, IHS-FRA] swallowed eCobalt Solutions last year in a $57.6 million deal, a move that gave Jervois Mining access to eCobalt's Idaho Cobalt Project, a high- grade cobalt deposit in Idaho. Equinox Gold Corp. [EQX-TSX] LEFT: Cypress Development's 2019 infill drilling program at the Clayton Valley lithium project in Esmeralda County, southwest Nevada. Photo courtesy Cypress Development Corp.