It has been a challenging few years across the financial markets, but 18 resources companies largely focused on the gold, copper and uranium spaces are set to remind investors why there is still plenty of value to be unlocked in the near term.<\/p>\n
Tomorrow\u2019s Resources Rising Stars Summer Series, the first investor event of the year, will see 18 companies present their upcoming exploration plans and market outlooks in Brisbane on 1 February.<\/p>\n
Organised by Perth-based boutique investor relations consultancy Read Corporate, the one-day conference is designed to bring investors face-to-face with the management teams behind new and exciting exploration, development and mining projects.<\/p>\n
Acknowledging the pain some investors have endured in recent times, Read Corporate managing director Nicholas Read says the safe spaces seem to be copper and gold, two commodities several of the presenters have exposure to.<\/p>\n
\u201cThe uranium sector is also enjoying a great run at the moment after being in the wilderness for a long time, with the price recently pushing through US$100\/lb,\u201d he says.<\/p>\n
\u201cThat\u2019s good news for uranium stocks like 92 Energy, which recently announced a three-way merger just before Christmas with ATHA Energy and Latitude Uranium to create a much larger, well-funded uranium explorer focused on the Athabasca region.\u201d<\/p>\n
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92 Energy (ASX:92E)<\/a> was one of the first movers in the uranium-rich Athabasca, a region accounting for 20% of the world\u2019s uranium supply.<\/p>\n It\u2019s also home to some of the highest-grade uranium deposits globally including NextGen Energy\u2019s (ASX:NXG)<\/a> Rook 1 project \u2013 the largest development-stage uranium project in Canada \u2013 boasting a resource of 209.6Mlb of U3O8 contained in 2.18Mt grading 4.35% U3O8.<\/p>\n But ATHA holds the largest cumulative exploration package in the Athabasca Basin with 3.4 million acres, along with a 10% carried interest in claims operated by IsoEnergy and NXE.<\/p>\n Opening the program at the Resources Rising Stars Summer Series, 92E managing director and CEO Siobhan Lancaster will update the audience on significant milestones achieved in the merger as well as ATHA\u2019s move to apply to list its share on the TSX Venture Exchange.<\/p>\n \u201cThe company is riding the wave,\u201d Read says.<\/p>\n \u201cThey\u2019ve had a decent uplift in value over the last few weeks on the back of that so it\u2019s definitely a stock to watch.\u201d<\/p>\n \u00a0<\/p>\n On the copper front, its hard to miss Firefly Metals (ASX:FFM)<\/a> following their acquisition of the ~40Mt Green Bay copper-gold project in Canada, Read says.<\/p>\n First drilling results were received earlier this month, paving the way for a resource update with hits such as 46m at 4.6% copper and 1.2g\/t gold.<\/p>\n \u201cAlthough the copper price hasn\u2019t moved much yet, there\u2019s a lot of people who are very optimistic about the space with copper set to be in deficit this year,\u201d Read says.<\/p>\n The powerful crew behind Bellevue Gold\u2019s (ASX:BGL)<\/a> mining success \u2013 Steve Parsons, Ray Shorrocks, Michael Naylor and Kevin Tomlinson \u2013 are now on a mission for a Bellevue-like payday via FFM.<\/p>\n First drilling from the new underground platform at the project is expected to kick off shortly with two drill rigs on site.<\/p>\n Another company out of the Parsons stable is Mitre Mining Corporation (ASX:MMC)<\/a>.<\/p>\n The explorer is in the process of acquiring the Cerro Bayo silver-gold project in Chile with a big, inferred resource (3.82Mt at 206g\/t for 24.7Moz silver equivalent) and processing plant tied to it.<\/p>\n Legacy Minerals (ASX:LGM),<\/a> another Resources Rising Stars first-timer, will present on their recent farm-in and joint venture agreement with S2 Resources (ASX:S2R)<\/a> at the Glenlogan project in NSW\u2019s Lachlan Fold Belt.<\/p>\n \u00a0<\/p>\n Gold Hydrogen (ASX:GHY),<\/a> owners of the Ramsay project in South Australia\u2019s Gawler Craton, will discuss how they\u2019re tapping into the potential of hydrogen as an environmentally sustainable fuel, not by manufacturing it but by extracting it from the ground.<\/p>\n \u201cThey\u2019ve just finished drilling two wells before Christmas which returned hydrogen concentrations of up to 86% purity associated with very high helium concentration as well,\u201d Read says.<\/p>\n \u201cIt\u2019s a fascinating story which seems to resonate with investors because it\u2019s a bit different with hydrogen being a topical area in the commodity space at the moment.<\/p>\n \u201cTheir positive results will no doubt lead into resource estimates and next stages of development further down the track.\u201d<\/p>\n \u00a0<\/p>\n A bunch of high-growth gold explorers from Astral Resources (ASX:AAR),<\/a> to Kin Mining (ASX:KIN)<\/a>, Spartan Resources (ASX:SPR)<\/a>, and Sunstone Metals (ASX:STM)<\/a> will also outline their insights and discuss how they plan to get their projects further along the development pathway.<\/p>\n Spartan has been one of the standouts in the junior gold space over the past 12 months, with its market capitalisation surging to over $400 million on the back of the spectacular high-grade Never Never gold discovery in WA.<\/p>\n \u00a0<\/p>\n \u201cWe\u2019ve got 300 investors registered already, hopefully people will be back from holidays refreshed and happy to look at a few hot opportunities,\u201d Read says.<\/p>\n \u201cThe event will be live-streamed so if you\u2019re not in Brisbane, you can tune in online.\u201d<\/p>\n The Resources Rising Stars Summer Series will take place in Brisbane on Thursday 1 February from 8:00am to 5:00pm at the Sofitel Brisbane Central hotel.<\/p>\n Attendance is free, but registration is essential.<\/strong><\/p>\n Visit\u00a0<\/strong>www.resourcesrisingstars.com.au<\/strong><\/a>\/events\u00a0to sign up for the event, or find details on how to watch the presentations online.<\/strong><\/p>\n <\/span><\/p>\n The post Resources Rising Stars Summer Series: Opportunities to play the gold, copper, and uranium space<\/a> appeared first on Stockhead<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"There\u2019s also a growing appetite for copper<\/strong><\/h2>\n
Natural hydrogen in South Australia <\/strong><\/h2>\n
An array of gold explorers to hear from <\/strong><\/h2>\n
Event details <\/strong><\/h2>\n