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RSD Weekly Recap: Hannan Metals (TSX-V: HAN), K92 Mining (TSX-V: KNT), Exploration Insights Joe Mazumdar

May 1, 2018

This is Gerardo Del Real with the Resource Stock Digest weekly recap.

Gold settled at $1,323 an ounce for a weekly loss of 1%.

Silver lost 3.5% last week, settling at $16.48 an ounce.

The dollar continued higher, settling at 91.50.

Copper pulled back 2.5% last week, closing at $3.07/lb.

Platinum also settled lower, closing at $912 an ounce for a weekly loss of 1.5%.

Palladium pulled back, settling at $965 an ounce for a weekly loss of approximately 6%.

Zinc lost nearly 3%, settling at $1.41/lb.

Oil settled relatively flat last week, settling at $68.05 a barrel.

Uranium was also relatively flat, settling at $21/lb.

Hannan Metals (TSX-V: HAN) CEO Michael Hudson provided an update on the multiple drill targets the company has defined on its district scale Clare project.

Co-editor of Exploration Insights Joe Mazumdar shared his views on base metals, gold, lithium and also shared a few of his top picks.

Capital Markets Advisor for K92 Mining (TSX-V: KNT) Bryan Slusarchuk went over the latest set of results at Kora North.

K92 has done an exceptional job at executing on multiple fronts.

Drills are turning on lots of projects I’m excited about, including Kinsley Mountain — the JV with by Liberty Gold and Nevada Sunrise — and the Willow property, also in Nevada, by Abacus Mining.

Hannan, Almadex and Almaden will also see drills turning.

That’s all for this week. This is Gerardo Del Real with the Resource Stock Digest weekly recap.

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MARKET SUMMARY

INDICES

Name Last Change
DOW 25798.40 2.12%
S&P 500 2809.92 2.10%
NASDAQ 7645.49 2.81%
TSX 15579.74 1.09%
TSX-V 699.81 0.00%

Resource Commodities

Name Last Change
Gold 1225.35 0.04%
Silver 14.66 0.14%
Copper 2.77 0.020
Platinum 841.86 0.25%
Oil 71.92 0.19%
Natural Gas 3.24
Uranium 27.68 0.65%
Zinc 1.21 0.00%

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