http://www.fjordlandex.com/Research/...
Highlight:
Our “Drillers Dozen” (Figure 4) pinpoints the projects that our Intersections database highlights as the best of the new discoveries
over the last three years. We believe that in a bear market, it is important to focus on quality projects as these are the ones that will
be attracting the attention of potential suitors. While many of the new discoveries have been made in existing camps, often in the
“shadow of the head frame”, we have seen some extraordinary grassroots discoveries, such as Aurelian’s Fruta Del Notre gold
deposit in Ecuador that came out of the financings in late 2003.
Company Symbol Project Commodity Location
Discovery
Hole
Market
Cap
Market Cap
at Discovery Project stage
Aurelian FDR Au-Ag-Zn Ecuador Apr-06 $ - Sold
Canplats Resources CPQ Camino Rojo Au-Ag-Zn Mexico 26-Nov-07 $ 9 0.80 $ 14.64 1st Resource Defined
Continental Nickel CNI Nachingwea Ni Tanzania 20-Nov-07 $ 1 1.70 $ 43.04 Early Drilling
Fjordland Exploration FEX Woodjam Cu-Au B.C. 15-Jun-08 $ 4.40 $ 7.70 Early Drilling
Full Metal Minerals FMM 40 Mile Zn Alaska 3-Oct-06 $ 9 .40 $ 65.12 Early Drilling
Geologix Explorations GIX San Agustin Au-Ag-Zn Mexico 3-Apr-07 $ 23.00 $ 33.90 2nd Resource Defined
Hathor Exploration HAT Midwest Northeast Uranium Saskatchewan 3-Mar-08 $2 75.00 $ 44.05 Early Drilling
Noront Ventures NOT Eagle Ni-Pt-Pd Ontario 10-Sep-07 $1 50.00 $ 33.67 1st Resource Defined
Orko Silver OK La Preciosa Ag-Ag Mexico 9-May-07 $ 5 8.80 $ 38.75 4th Resource Defined
Rubicon Minerals RMX Phoenix - F2 Au Ontario 12-Mar-08 $1 82.00 $ 155.19 Early Drilling
San Gold SGR Rice Lake - Hinge Au Manitoba 15-Jan-08 $2 79.00 $ 118.88 Past Producer - New Zone
Serengeti Resources SIR Kwanika Cu-Au B.C. 7-Jan-07 $ 2 3.00 $ 3.54 Early Drilling
Western Areas WSA Spotted Quoll Ni Australia 18-Oct-07 $ 553.00 $ 594.80 2nd Resource Defined
The Drillers Dozen
Figure 4. Drillers Dozen
Source. Research Capital database
With projects currently being put on hold and expansions being cut back, before we move back into a better commodities market,
it will be important for investors to be aware of the best projects as they will be the ones that will get the first attention as the majors
and intermediate producers look for new opportunities.
