Paradigm Picks Newsletter 2022/Mar/26
Hello everyone!
News, news and more news! Lots has been going on with our plays, some old and some more recent. Please see below update newsletter. Enjoy!
We have been reaching out to the CEO’s of our various investments to stay up-to date on their respective progress and initiatives. As always, due to legal reasons, CEO’s may be “tight lipped” regarding various questions, however provide a general sentiment for their projects going forward.
For real-time updates and commentary, follow us on Twitter at:
Paradigm Market Research Inc. (@PMResearch_ca) / Twitter
Join the discussion on Discord!
Updates
Cross River Ventures (CSE: CRVC)
As of March 1st 2022, the company has initiated their planned 5000m drilling program at the “Bear Head Trend” and “Altered Zone” targets at their flagship McVicar property in Ontario, Canada. In speaking with management recently, CEO Alex Klenman has advised he is please with the progress made thus far and is anticipating assays from the program. We have continued to add to our position in the 0.15-0.155 CAD range as the floor appears to be firming up.
Of Note:
Bear Head Trend:
Key samples collected in 2021 include sheared and silicified mafic metavolcanic rocks which returned gold values of 19.75 g/t Au and 1.415 g/t Au.
Historic drilling at McVicar Lake in the Altered and North Flexure Zones include:
6.46 g/t Au over 10.09 m including 29.86 g/t Au over 1.86 meters.
5.5 g/t Au over 3.6 m including 12.2 g/t Au over 0.98 meters.
Gold Mountain Mining Corp. (TSX: GMTN)
Gold Mountain has been busy! Despite fluctuations in recent market conditions, GMTN’s fundamentals remain strong. As of March 22, 2022, The company received their first payment from New Gold (regarding their February 2022 Ore delivery)! The payment was in the amount of $548,862.
In addition, GMTN is anticipated to deliver 1,650 oz of gold during March 2022. Extrapolated, GMTN anticipates revenues of ~ $3 Million yearly revenue going forward!
We are very excited about this development and continue to look for opportunities to buy at these current levels - especially under the $1.50 CAD range. With the 10,000 Meter drilling program coming to a close and a future 20,000 Meter program already slated for “phase 4” we are very happy with our position and anticipate future upside as the story progresses.
Check out an overview from GMTN here.
Azincourt Energy (TSX-V: AAZ)
Azincourt Energy has been no slouch either! To kick off their flurry of coverage, On March 1st 2022, the company announced reports of elevated Radioactivity during the course of their ongoing 7,000 Meter drill program at East Preston.
The company’s attention has recently been focused on the G-zone in which extensive alteration has been discovered. In speaking with management, they are thrilled with these recent findings and plan to explore the area further. We were advised these current results are very significant and share similarities with major uranium discoveries in the Athabasca Basin such as McArthur River and Millennium!
With this news in mind we have added to our position at 0.08 CAD and anticipate a slow but steady increase in share price as the end of the drill program draws near. Certainly not least is the prospect of a significant uranium hit once the assays return from the lab! Given this news, while still an explorer, we believe Azincourt Energy is beginning to de-risk. Assays are anticipated to come back from the lab between April 2022 - June 2022.
Blue Lagoon Resources (CSE: BLLG)
We’ve also seen a steady stream of news from Blue Lagoon Resources. On March 17th 2022, The company reported results from their recent drill program with significant assays coming out of the newly discovered “Chance Structural Zone.” Highlights included:
“DM-21-200: 53.60 g/t Au and 55.46 g/t Ag over 0.55 meters within 33.08 g/t Au and 72.30 g/t Ag over 1.40 meters within 22.12 g/t Au and 47.95 g/t Ag over 2.14 meters.
DM-21-188: 49.40 g/t Au and 56.90 g/t Ag over 0.32 meters followed 7.55 meters further down hole by 11.79 g/t Au and 61.50 g/t Ag over 0.47 meters.”
BLLG’s recent efforts have continued to garner the attention of word renown geologist Quinton Hennigh and the heavy weights at Crescat Capital. As a result, in BLLG’s March 22, 2022 release, Crescat Capital took down an 18% portion of their recent $5,746,893.84 private placement!
We find this accumulation by Crescat Capital to be an incredible vote of confidence. In addition, Crescat Capital provided an update for Blue Lagoon Resources on their Youtube Channel As a result, we have taken the opportunity to add to our position during the recent pullback into the Mid 0.50’s. The stock has since settled at 0.60 CAD.
In addition, “The Deep Dive” conducted a comprehensive interview with CEO Rana Vig. Leah on the Daily Dive discusses recent movement in the spot price of gold, and Blue Lagoon’s “path to production” with a comprehensive summary. As always, we are big fans of CEO’s owning significant sums of their stock; we consider this to be the ultimate gesture of confidence in one’s company. Rana of course has been continuing to add to his holdings during March 2022.
NHP Luminera Health inc. (TSX-V: NHP)
Luminera Health inc. has been busy working on their distribution channels. As of February 15th 2022, the company signed a binding agreement to launch their Awaye(TM) pain relief product in the United States. Shortly thereafter, NHP appointed Jacqueline Khayat to the board of the directors to assist with expansion into the United States markets.
To follow up, On March 22, 2022, the company reported 25% growth in Q1 2022 over Q1 2021 with Bazzics sleep aids and the Awaye(tm) pain cream leading the way!
Finally, on March 24, 2022, NHP signed a distribution agreement to launch their Awaye(tm) product in Vietnam! Needless to say, we are very pleased with the progress made thus far at the hands of CEO Carlos Ponce and team. We continue to look for opportunities to purchase shares at 0.015 CAD however those opportunities are becoming fewer and further between! 0.02 CAD continues to make attempts and being the new floor especially with the flurry of recent news NHP has released.
RooGold inc. (CSE: ROO)
Another company we’ve had our eye on is Australia based gold explorer: RooGold inc. At the current share price of 0.145 CAD, we believe a fantastic value opportunity has presented itself.
On February 17th 2022, The company laid out their explorations plans for Q1 and Q2 of 2022. Their work program consists of:
“Acquisition of high resolution satellite and DEM data to provide a base for structural mapping and reconnaissance planning.
Establishment of a land-owner database and negotiation of land-owner access agreements for priority targets.
Reconnaissance mapping of six priority concessions, which will be followed by prospect mapping and target generation for the initial top three prospective properties.”
On March 10th 2022, RooGold commenced exploration on their New South Wales properties. A total of 47 rock chip samples were obtained. Field work is underway at the Lorne Concession outcrops. Finally, the Peel South Concession is under application. Following the completion of this application, the company’s Australian land holdings will be nicely consolidated.
A comprehensive article by “Ahead Of The Herd” is a worthwhile read. A more recent article from them can be found here.
As noted in the first article, this company has once again caught the attention of one of our favourite Geologists, Dr. Quinton Hennigh!
Though very much in its infancy, we believe RooGold is a value buy with risk offset by the size of their collective 1,091 km2 land packages in both the New England and Lachlan Orogenic areas.
As always, seek professional financial advice and conduct your own due diligence prior to making any investment decisions,
Paradigm Market Research inc.
Consider supporting our free newsletter at: https://www.paradigmresearch.ca/our-team
Check out www.paradigmresearch.ca to view more of our content.
If you have any further questions about these companies, please do not hesitate to contact us. We are more than happy to assist you with real-time, up-to-date information.