Author: Alexander Lee

Alexander is the founder and author of Microcaps.ca, a leading resource for investors interested in the micro-cap stock market. With a passion for uncovering hidden gems in the world of small-cap stocks, Alexander combines in-depth research with years of experience in the financial markets to provide readers with valuable insights and timely analysis. Investors should conduct their own research or consult with a qualified investment advisor before making any investment decisions. The author of this article is not responsible for any gains or losses incurred from investing in companies mentioned.

The Canadian energy sector has proven to be a lucrative area for investors looking to capitalize on growth opportunities in oil stocks in recent years. Among these opportunities, Headwater Exploration (TSX:HWX) has emerged as a standout success story, with a remarkable 1,140% increase in value over the past five years. This level of growth has translated to substantial returns for investors, with a $1,000 investment in this growth stock five years ago potentially growing to $12,350 today. The significant growth of this $1.7 billion energy stock can be attributed to a shift in operational strategy, capitalizing on favorable oil price…

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On August 20, 2024, Highrock Resources Ltd., a company based in Toronto, Ontario, announced the signing of a share purchase agreement with Atikokan Resources Ltd. to acquire Liberty Uranium Corporation. Liberty Uranium owns the Dry Creek uranium project located in the Uravan mineral belt in the U.S., a district known for significant uranium production. Derrick Dao, CEO of Highrock, highlighted the strategic importance of the acquisition in the context of growing domestic energy security concerns and support for the American uranium industry. This move aligns with Highrock’s strategy to acquire high-quality uranium assets in the U.S., particularly in the Uravan…

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On August 20, 2024, Meteoric Resources NL (ASX: MEI) and Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) announced the signing of a memorandum of understanding (MOU) for the supply of 3,000 metric tonnes (MT) of total rare earth oxide (TREO) from Meteoric’s Caldeira Rare Earth Ionic Clay Project in Brazil to Ucore’s rare earth oxide production facility in Alexandria, Louisiana, USA. Meteoric, a publicly traded Australian company, has identified significant TREO deposits at their Caldeira Project, particularly enriched in Magnet REOs such as terbium, dysprosium, neodymium, and praseodymium. On the other hand, Ucore, a Canadian public company, is known…

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Vancouver, British Columbia–(August 19, 2024) – Goldhills Holding Ltd. (TSXV:GHL) (OTCQB: GODZF) (“Goldhills” or the “Company”) has submitted an application for a Notice of Work (NOW) permit with the Ministry of Mining to conduct diamond drilling in the West Zone of its Lennac Lake Property to confirm the presence of copper in the historic Babine Copper – Moly Porphyry district. Upon receiving the drilling permit, the company plans to test 4 drill sites with approximately 2800 meters of drilling. In addition, Goldhills Holding Ltd. has expanded its exploration area by acquiring two more mineral claims (1114307 and 1114308) that are…

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Gold Basin Resources (TSXV:GXX) has successfully completed its Q2/Q3 resource expansion and delineation reverse-circulation (RC) drill program in Arizona. The RC program, conducted at the Gold Basin project, involved drilling a total of 22 holes covering 3,640 meters. Fourteen of these holes were drilled at the Stealth Deposit, while the remaining eight were drilled at the Gap Zone. Colin Smith, CEO of Gold Basin Resources, stated that the Q2/Q3 drill program at Gold Basin has concluded, with promising results indicating broad intervals of near-surface oxide mineralization. The company has reported significant intercepts from the drill program, such as 89.9 meters…

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The company reported impressive financial results for the second quarter ended June 30, 2024, with significant growth in revenue and gross margin. According to Michael Moskowitz, the Chair and CEO of NorthStar, the company achieved a record quarter with revenue and gross margin both exceeding 60%. The top-line growth outpaced expenses as the company efficiently scaled its business, showcasing the potential of its business model. Key financial highlights for the second quarter included: – Revenue, including managed services fees, net of bonuses, promotional costs, and free bets, reached $7.5 million, a 61% increase from the previous year. – Total wagers…

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August 20, 2024 7:30 PM EDT | Source: Zeb Nickel Corp. In Vancouver, British Columbia on August 20, 2024, ZEB Nickel Corp. announced that the Department of Minerals and Petroleum Resources in South Africa has granted an Integrated Environmental Authorisation for the Zeb Nickel Project in Limpopo Province, South Africa. This authorization allows for the extraction of various minerals including nickel, copper, platinum-group metals, gold, chrome, cobalt, vanadium, and iron ore over a 30-year period. Following the granting of the Integrated Environmental Authorisation, the Company notified all Interested and Affected Parties (I&APs) as required by the Environmental Impact Assessment…

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IsoEnergy Ltd. is pleased to announce an update on its summer exploration program at the Larocque East Project in the eastern Athabasca Basin. The company has completed Ambient Noise Tomography (ANT) surveys covering an additional 20 square kilometers of the property, revealing six highly promising target areas on strike of the Hurricane deposit. As part of the ongoing exploration program, 23 out of 27 planned diamond drill holes have been completed, totaling 9,660 meters. The results of these activities are expected to be released upon the completion of the program in late August.

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