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Esa Project | (Au) Gold Exploration in Ontario Canada

Sunbeam (Au) Gold Exploration & Mining Project

North Hemlo (Au, Ni, Mo, Cu) Gold & Metal Exploration & Mining

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UK Listed Junior Mining Company | Gold & Metal Exploration

Poppins

There are many reasons why we’re so excited about our Sunbeam gold project right now.
 
Its pro-mining location…its overlooked historical high-grade mine…its wider upside potential…you can read much more about all of these in our recent in-depth report.
 
One element we haven’t covered so much yet, however, is our bullishness around gold itself.
 
You see, whether it’s the high-grade nickel sulphide assays returned at West Pickle Lake or the REE potential identified by a historical data review over the McKellar property; we’re making very strong progress in our exploration for critical minerals.
 
And that’s excellent.
 
Demand for these critical metals is expected to soar over the coming years as the global electrification trend continues to unfold, so any discoveries we make stand to unlock a great deal of shareholder value.
 
But it’s vital to understand that our portfolio is also highly prospective for gold–especially now we’ve acquired Sunbeam.
 
You see, gold is a well-established “safe haven” asset in times of uncertainty like the one we’re currently living in. And as a result, we believe that there’s a plethora of reasons to be bullish about its demand (and, in turn, price) outlook. These include:

…Record high inflation, which is increasing gold’s value in dollar terms;
 
…Aggressive interest rate hikes, which are choking the endless tap of central bank free money propping up markets and stock valuations;
 
…Central bank demand, which is expected to reach a historical high in H2 2022 in response to a declining dollar and sanction risks on foreign reserves;
 
…Looming recession, which has historically led to a rising dollar (see the Global Financial Crisis); and
 
…The declining appeal of other diversification tools, such as cryptocurrencies, which are experiencing a fair amount of volatility as of late.

The list goes on.
 
But with year-on-year gold demand growing 28% in Q3 2022 alone (as well as 18% in the first nine months of the year) you get the picture: The stage really does seem to be set for gold to remain at, or continuing rising beyond, the historically-high levels at which it currently sits.
 
After all, it seems unlikely that the uncertainty the world currently enduring is going to disappear overnight.
 
That’s great from the perspective of a direct investor in gold. But what about for an explorer such as ourselves?
 
Well, given the strong possibility that gold’s tailwinds will grow and its headwinds will reduce for the foreseeable, the race to source new reserves very much appears to be on.
 
S&P Global reports that explorers’ gold budgets have increased by 12% to $6.9 billion this year. Meanwhile, it’s thought that 40% of financing activity through H2 2021 and 2022 has been directed to gold companies or projects and the bulk of drilling focused on gold.
 
The emerging trend, then, seems to be one of growing demand for new pipeline projects alongside a structural bull market for the metal itself.
 
As far as we’re concerned, the timing could hardly be better for us to ramp up our gold exploration efforts. After all, demand for any discovery (or discoveries) we make will be high, and, therefore, the price paid could be attractive.
 
It’s early days, and we’re only just getting to work on the ground across the Sunbeam project area. Currently, we’re preparing for a drill programme geared towards gaining a more thorough understanding of the true depth of the structure hosting the historical mine. We will also, in tandem with this, take a closer look at the potential presented by historical tailings and the wider project area, where encouraging gold showings are present.

📷Sunbeam mine cross section looking southeast

For now, though, the bottom line is this: Sunbeam is looking increasingly like one of those rare opportunities where both project fundamentals and macro backdrop align perfectly.
 
When the project’s potential is combined with the gold prospectivity offered by our wider licence package, we really stand to benefit if the precious metal enjoys the structural bull market we’re anticipating.
 
It’s truly exciting. And we look forward to keeping our followers as up to date as we can as our exploration continues.

Why we’re going all-in on gold