The Beardmore Geraldton Gold Camp is starting to see renewed interest with Premiere Gold’s (PG) discovery, recent results of 5.49 g/t over53 meters at Hardrock are very encouraging. Hardrock has a historical resource of 1.735M oz. Goldstone Resources (GRC) has a 30% interest in this project and has been hitting results at Key Lake and looks like a great way to get exposure to Hardrock project.

Kodiak Exploration (KXL) has been getting some interesting results as well. Compiled with the recent discovery near Hardrock that is open to the west towards Hardrock make the whole area in prospective. KXL.V looks like a good buy at current levels for a run. Kodiak has a huge land position in the area and has been hitting gold this summer on their other projects.If PG continues to develop the old Hardrock mine into a world class deposit. KXL and GRC both will do well this winter.KXL recently drilled 24.9 m @ 9.31 g/t au at West Geraldton and and 35m @ 2.21 g/t au at milestone.Kodiak also has acquired the grade 1.6M oz Migno Mine in Wawa.Total inventory of 1.83M oz’s.

Both really look ripe for a run next week as PG continues to breakout.

Like I have been saying for the last 2 weeks now, gold being at $1300 is a psychological level for these low grade projects and at current costs, the market will on mass start re-evaluating these low grade properties. At current gold levels, these junior explorers will rise now matter what POG does in the short term.It’s just that time of year and gold clearly above $1250 makes pretty much everything look profitable. I have a good mix of high grade opportunity as well low grade development projects. The low grade projects were much ignored in the past but have great potential to be very large gold deposits.