The junior gold stocks we’ve dug up are exploring for gold in Nevada’s prolific Carlin Gold Trend
SmallCapPower | January 17, 2020: The Carlin Trend is a geologic feature in northeastern Nevada where a tectonic crustal block called a terrane is moving into the North American Plate. The friction between the collision of the two plates produces hot springs along the structural zone. The hot springs bring dissolved minerals such as gold and silver to the surface, precipitating then out through the cracks in the plates. As a result, the Carlin Trend is one of the world’s richest gold mining districts (Source: Wikipedia). Today we have discovered six gold stocks exploring for gold and silver in the prolific Carlin Trend.
*Share price data as at January 15, 2020, data obtained from S&P Capital IQ
Gold Standard Ventures Corp (TSX:GSV) – $0.97
Junior Gold
Gold Standard is a gold exploration company focused on properties in Nevada. The Company’s flagship property is the Railroad-Pinion project covering approximately 53,769 gross acres of land in Elko County, Nevada. Gold Standard owns ~30,000 gross acres of mineral rights in the form of patented or unpatented mineral lode; and ~23,500 gross acres mineral rights secured.
- Market Cap: $269.2M
- 30-Day Return: +5.3%
- 90-Day Return: -6.6%
- 90-Day Average Trading Volume: 349,850
Fremont Gold Ltd. (TSXV:FRE) – $0.07
Junior Gold
Fremont Gold is a gold exploration company. The Company’s principal projects include the North Carlin property, which consists of 12 unpatented lode mining claims located in Elko County, Nevada; the Hurricane project comprising six unpatented mineral claims situated in Lander County, Nevada and; the Gold Canyon project, which include 26 unpatented lode mining claims covering an area of approximately 186 hectares located in Eureka County, Nevada.
- Market Cap: $3.7M
- 30-Day Return: +55.6%
- 90-Day Return: +40.0%
- 90-Day Average Trading Volume: 68,870
Crestview Exploration Inc. (CSE:CRS) – $1.90
Junior Gold
Crestview Exploration engages in the acquisition and exploration of the mineral properties in North America. It intends to identify and develop economic precious and base metals properties. The Company is developing the Rock Creek Project that comprises 72 unpatented lode mining claims located in Elko County, Nevada. On January 16, 2020, CRS stock jumped 22% after the Company confirmed two important gold targets at its Rock Creek Project.
- Market Cap: $23.3M
- 30-Day Return: +253.8%
- 90-Day Return: +318.2%
- 90-Day Average Trading Volume: 34,950
Contact Gold Corp. (TSXV:C) – $0.185
Junior Gold
Contact Gold is a gold exploration company engaged in the acquisition, exploration, and development of mineral properties in Nevada and Canada. The Company’s flagship project is the Pony Creek property, which comprises 1,315 claims covering 107 square kilometers. It also holds interest in the Dixie Flats property, which includes 324 unpatented mining claims covering 27.1 square kilometers; and the North Star property that comprises 56 unpatented mining claims covering 4.68 square kilometers situated in western Elko County, Nevada. On January 14, 2019, Contact Gold reported drill results highlighted by 1.68 g/t Au over 35m in Green Springs.
- Market Cap: $15.6M
- 30-Day Return: +23.3%
- 90-Day Return: -2.6%
- 90-Day Average Trading Volume: 78,770
Dynasty Gold Corp. (TSXV:DYG) – $0.08
Junior Gold
Dynasty Gold is a junior gold explorer. The Company owns a 100% interest in the Golden Repeat property that includes 49 claims totaling 980 acres located in northwestern Elko County, Nevada; and a 70% interest in the Hatu Qi-2 gold resource property located in the Xinjiang Province of China. Dynasty Gold Corp. also has an option agreement to earn a 100% interest in the Thundercloud gold property located on the central Wabigoon greenstone belt in western Ontario.
- Market Cap: $2.0M
- 30-Day Return: +14.3%
- 90-Day Return: 0.0%
- 90-Day Average Trading Volume: 22,500
NV Gold Corporation (TSXV:NVX) – $0.16
Junior Gold
NV Gold is a junior exploration company with mineral properties in the United States and Switzerland. The Company explores for gold, silver, and precious metals deposits. NVX holds interests in 11 exploration projects in Nevada, as well as an AngloGold-Ashanti database, in addition to Swiss Permits that cover an area of approximately 224 square kilometers situated within the Communes of Medel/Lucmagn, Disentis/Muster, and Sumvitg in Canton Graubunden, and southeastern Switzerland.
- Market Cap: $7.4M
- 30-Day Return: +34.8%
- 90-Day Return: -24.4%
- 90-Day Average Trading Volume: 55,970
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