more_reports

Get the Latest Investment Ideas Delivered Straight to Your Inbox. Subscribe

TICKERS: AYA; MYAGF, BRC; BKRRF, GOT; GOTRF; B4IF

Great Drill Results with Goliath Gold, AYA Silver, and Blackrock Silver
Contributed Opinion

View Important Disclosures for this Article
Share on Stocktwits

Source:

Ron Struthers Gold continues to consolidate in Ron Struthers' outlined range, setting up, in his opinion, for a breakout in the months ahead. Struthers discusses this and a few of his advanced exploration plays, which have released results.

Back in early May, I highlighted a consolidation area that I expected gold to trade in.

I did not say how long, but it is still in consolidation. I expect it will stay there with thin summer trading and a likely breakout in September.

There have been some excellent drill results this week with a few of our juniors.

Goliath 

Recent Price - $2.42

Entry Price - $1.22

Monday Goliath Resources Ltd. (GOT:TSX.V; GOTRF:OTCQB; B4IF:FSE) released new sampling and re-logging of drill hole GD-24-280 that assayed 8.31 g/t Au over 23.00 meters, including 15.69 g/t Au over 11 meters, including 37.45 g/t Au or 1.20 oz/T over 4 meters in a third rock package within the high-grade gold Bonanza Zone.

The significance is that they are assaying parts of previous drill holes in a rock type and sections that previously were thought not to contain gold. The more recent revelation is that significant gold mineralization is hosted by subtle quartz stockwork veins hosted within a series of near-vertical dikes, which is quickly taking shape.

On June 23, Goliath released results for re-logged and assayed Drill hole GD-22-64. It assayed 6.31 g/t AuEq Over 14.35 Meters Including 11.36 g/t AuEq Over 7.85 Meters from a gold-rich intrusive feeder dyke

There are several more drill holes that they re-logged with assays pending.

This is adding ounces to the deposit and greatly expanding the area of confirmed mineralization for the current drilling on the Surebet high-grade gold discovery. It remains wide open, and nine drill rigs are now at work.

The stock upward trend continues, and a test of the $2.80 highs is not far off.

Aya Gold & Silver

Recent Price - $12.14

Entry Price - $11.43

Opinion – Buy

Aya Gold and Silver Inc. (AYA:TSX; MYAGF:OTCMKTS) announced new high-grade drill exploration results from its 2025 program at Boumadine in the Kingdom of Morocco. Yesterday's results also extended the Imariren mineralized trend to 1 kilometer ("km") and confirmed high-grade continuity along the Boumadine Main Trend. In addition, Aya has identified a new mineralized high-grade at-surface zone to the west.

New prospective high-grade Asirem zone identified to the west of Boumadine Main Trend, with grab samples including 3.34 grams per tonne ("g/t") gold ("Au") and 4.0% copper ("Cu").

High-grade intercepts on the Boumadine Main Trend (5.4km):

  • BOU-MP25-038 intercepted 258 g/t silver equivalent ("AgEq") over 3.3 meter ("m") (2.85 g/t Au, 27 g/t silver ("Ag"), 0.1% zinc ("Zn"), 1.0% lead ("Pb") and 0.05% Cu, including 563 g/t AgEq over 1.3m (6.13 g/t Au, 65 g/t Ag, 0.3% Zn, 0.2% Pb and 0.1% Cu
  • BOU-MP25-028 intercepted 286 g/t AgEq over 4.3m (3.27 g/t Au, 19 g/t Ag, 0.3% Zn, 0.1% Pb and 0.1% Cu), including 460 g/t AgEq over 2.1m (5.46 g/t Au, 26 g/t Ag, 0.05% Zn, 0.1% Pb and 0.1% Cu)

High-grade intercepts on the Tizi Zone (2km):

  • BOU-DD25-547 intercepted 248 g/t AgEq over 9.0m (0.42 g/t Au, 80 g/t Ag, 3.6% Zn, 1.8% Pb and 0.04% Cu
  • BOU-DD24-540 intercepted 480 g/t AgEq over 2.0m (3.27 g/t Au, 53 g/t Ag, 1.1% Zn, 5.2% Pb and 0.2% Cu

Extension of Imariren strike length to 1km:

  • BOU-DD25-503 intercepted 876 g/t AgEq over 1.0m (9.92 g/t Au, 49 g/t Ag, 1.6% Zn, 0.2% Pb and 0.1% Cu)
  • BOU-DD25-529 intercepted 365 g/t AgEq over 2.0m (3.66 g/t Au, 52 g/t Ag, 0.5% Zn, 0.5% Pb and 0.1% Cu)

AYA has completed 79,732m of drilling at Boumadine year-to-date in 2025.

The stock was knocked down when they announced a public offering of common shares at a price of $13.35 per share, for aggregate gross proceeds of approximately $143.75-million. The stock is not much above our original entry price and is a good Buy here, below the finance level.

Blackrock Silver 

Recent Price - $0.52

Entry Price - $0.14

Today, Blackrock Silver Corp. (BRC:TSX.V; BKRRF:OTCQX) announced the final set of assay results from its Resource Expansion Program showing significant width and high-grade silver and gold drill intercepts in step-out drilling at its 100% owned Tonopah West project, Nevada.

Hightlights included:

  • TXC25-144 cut 10.12 meters grading 467 grams per tonne (g/t) silver equivalent (AgEq) (283 g/t silver (Ag) & 2 g/t gold (Au)), including 3.51 meters of 1,020 g/t AgEq (620 g/t Ag & 4.43 g/t Au);
  • TXC25-145 encountered multiple zones of high-grade mineralization which included 0.67 meters of 3,264 g/t AgEq (2,008 g/t Ag & 13.93 g/t Au) within 11.58 meters grading 327 g/t AgEq (186 g/t Ag & 1.56 g/t Au) and 2.32 meters grading 401 g/t AgEq (242 g/t Ag & 1.76 g/t Au);
  • TXC25-153 drilled 0.7 meters of 724 g/t AgEq (437 g/t Ag & 3.18 g/t Au) within 5.73 meters of 156 g/t AgEq (96 g/t Ag & 0.67 g/t Au);

Step-out drilling has established continuity of high-grade gold & silver mineralization over significant widths that runs 500 meters along drill-defined strike from the existing DPB resource shell to the northwest. Targeting is now underway to bridge mineralization on the remaining 500 meters of vein corridor to NW Step Out resource area. This map shows recent drill results, and you can see the 500-meter gap to the NW of that to be drilled.

The deposit has just over 100 million silver equivalent ounces, and this is going to add significant ounces to the resource. It is a high-grade deposit at 569 g/t silver equivalent in the mine plan.

This type of deposit with a high IRR and in a favorable jurisdiction should be valued much higher. The stock almost broke out on this news but failed. It is only a matter of time.


Want to be the first to know about interesting Silver and Gold investment ideas? Sign up to receive the FREE Streetwise Reports' newsletter. Subscribe

Important Disclosures:

  1. Goliath Resources Ltd. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$4,000 and US$5,000. 
  2. Ron Struthers: I, or members of my immediate household or family, own securities of: Goliath Gold, AYA Silver, Blackrock Silver. My company has a financial relationship with: None. My company has purchased stocks mentioned in this article for my management clients: None. I determined which companies would be included in this article based on my research and understanding of the sector.
  3. Statements and opinions expressed are the opinions of the author and not of Streetwise Reports, Street Smart, or their officers. The author is wholly responsible for the accuracy of the statements. Streetwise Reports was not paid by the author to publish or syndicate this article. Streetwise Reports requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Any disclosures from the author can be found  below. Streetwise Reports relies upon the authors to accurately provide this information and Streetwise Reports has no means of verifying its accuracy. 
  4.  This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. 

For additional disclosures, please click here.

Struthers Resource Stock Report Disclosures

All forecasts and recommendations are based on opinion. Markets change direction with consensus beliefs, which may change at any time and without notice. The author/publisher of this publication has taken every precaution to provide the most accurate information possible. The information & data were obtained from sources believed to be reliable, but because the information & data source are beyond the author's control, no representation or guarantee is made that it is complete or accurate. The reader accepts information on the condition that errors or omissions shall not be made the basis for any claim, demand or cause for action. Because of the ever-changing nature of information & statistics the author/publisher strongly encourages the reader to communicate directly with the company and/or with their personal investment adviser to obtain up to date information. Past results are not necessarily indicative of future results. Any statements non-factual in nature constitute only current opinions, which are subject to change. The author/publisher may or may not have a position in the securities and/or options relating thereto, & may make purchases and/or sales of these securities relating thereto from time to time in the open market or otherwise. Neither the information, nor opinions expressed, shall be construed as a solicitation to buy or sell any stock, futures or options contract mentioned herein. The author/publisher of this letter is not a qualified financial adviser & is not acting as such in this publication.





Want to read more about Silver and Gold investment ideas?
Get Our Streetwise Reports Newsletter Free and be the first to know!

A valid email address is required to subscribe