WTI Crude


Brent Crude


Natural Gas




Heating Oil


Rotate device for more commodity prices

Alt Text

Ukraine Aims To Join European Power Grid

Ukraine, in its biggest move…

Alt Text

Did Kyrgyzstan Get Sold A Hydropower Pup?

A week after Kyrgyzstan declared…

James Burgess

James Burgess

James Burgess studied Business Management at the University of Nottingham. He has worked in property development, chartered surveying, marketing, law, and accounts. He has also…

More Info

Trump Sets The Stage For A Huge Gold Rally This Spring

gold bars

One little-known junior explorer is grabbing attention for doing something that is virtually impossible: Landing a highly prospective and massive exploration concession that is almost always the purview of the major miners.

And the timing couldn’t be better.

Panic over nuclear North Korea, a sudden military about-face in Syria, soaring Asian demand and recession talk is positioning gold for a major bull run, and Fiore Exploration (TSX:F.V; OTC:FIORF) has acquired one of the most attractive exploration packages in Chile—the hottest metals venue in the world.

The beginning of the gold turnaround came last year, but today--as global crisis hits fever pitch--we’re looking at a bull run that will be bigger than anything we’ve seen in decades.

We are again at the point of urgency for getting in on gold, and there is no better venue than Latin America—the leading growth continent for the precious metal.

Fiore has scooped up almost all the best exploration territory surrounding the world-class El Penon gold mine owned by major player Yamana Gold (NYSE:AUY). In a deal that a junior explorer could only manage if backed by heavy hitters, Fiore acquired a massive land package of three separate blocks.

Gold is being rendered even more attractive for Americans amid economic uncertainty most succinctly expressed by billionaire investor Warren Buffett of Berkshire Hathaway Inc. (NYSE:BRK.A), who noted that the U.S. is “less well equipped to handle a financial crisis today than we were in 2008.” Central Banks the world over have also been stockpiling the precious metal since 2008, at levels not seen since before 1970.

One of the world’s biggest legends in mining, Canadian billionaire Frank Giustra, who is also the founder of Lionsgate Entertainment Corporation (NYSE:LGF), is pouncing on gold voraciously, and where his gold money goes, markets tend to follow. He’s also the heavy hitter backing Fiore.

The big money to be made in gold is in exploration, especially if you can find a junior backed by legendary mining money and a dream team of explorers. Giustra’s hitched his wagon to several already—but only those with dream teams and exceptional vision. He hasn’t been wrong yet.

Here are 5 reasons to keep a very close eye on Fiore Exploration (TSX:F.V; OTC:FIORF):

#1 Billion-Dollar Deal-Closing Team Backed by Heavy Hitters

The team behind Fiore has been in Chile—the No. 1 mining venue in South America—for over 20 years.

CEO Tim Warman is a 25-year mining veteran perhaps best known for helping to close a $1.2-billion deal with Kinross. Warman has a long track record of making multi-million-dollar discoveries and keeping his shareholders very happy, both with Aurelian Resources and Dalradian. In fact, Aurelian sold to Kinross for $1.2 billion, while Dalradian’s stock hit a market cap of a couple hundred million dollars.

He’s also well-known at Barrick Gold (NYSE:ABX), whose 6.8-million-ounce Alturas deposit was discovered by Malbex—a company Warman used to run.

Besides Warman, one of the most sought-after geologists on the mining scene, the team also includes Brian Paes-Braga and Paul Matysek, two more heavy weights with impressive track records.

Paes-Braga is best known as the founder and CEO of one of the most striking junior lithium companies to hit the scene since the electric vehicle (EV) boom sparked the lithium craze. And Matysek has created shareholder value of well over $2 billion in gold, lithium, potash and uranium.

With this dream team behind it, Fiore is anything but your average drill play.

#2 Early In, Pinging Investor Radar

Fiore has grabbed attention in a space where only the majors get it, because it’s managed to secure the permits to surround Yamana’s majestic El Peñon Gold mine. Yamana produced 227,000 ounces of gold and 7.7 million ounces of silver last year alone—worth $286 million and $130 million, respectively.

Fiore’s (TSX:F.V; OTC:FIORF) entrance onto this scene was explosive, and a headline-grabbing surprise.

These are first-movers parked right next to a major producing gold mine, and they’re ready to take on more—Pampas is just a starter project, but a big one backed by heavy hitters.

And it doesn’t stop here, the company is currently looking into the acquisition of equally prospective properties. A development we expect to hear about any day.

#3 Next Door to a Huge Mine

In the industry, ‘closeology’ is one of the deciding factor of success—and Fiore has it in droves.

Yamana's El Peñón mine is one of the most prolific gold and silver mines in Latin America, whether we’re talking about either size or grade. It’s massive, and its high-grade.

El Peñón has produced over 3 million ounces of world-class gold and more than 90 million ounces of silver since it went into production in 2000. Annually, this mine accounts for 18 percent of Yamana’s gold production, and annually it produces nearly 230,000 ounces of gold for the company. And there’s still a lot to come: We’re still looking at 2.4 million ounces of gold left in the mine, and another 77 million ounces of silver.

Fiore now surrounds this massive mine on three sides, so they’ve inherited all the infrastructure, and a massive exploration patch in a known money-maker. In fact, you can stand on Fiore’s land and throw a rock into Yamana’s pit.

And Fiore’s leadership has great relationships with the corporate teams of the majors it’s right next to, so they have access to the grounds that the average junior minor wouldn’t. It’s not just Yamana, it’s also Chilean giant SQM—a relationship that goes a long way toward getting things done in Chile.

Now Fiore’s got a second major project, Cerro Tostado—again, flanking Yamana and just north or Anglo American’s El Soldado mine and Austral Gold’s El Guanaco mine.


(Click to enlarge)

And it gets bigger, still. In April, Fiore acquired the Rio Loa gold exploration project in Chile’s prolific Maricunga belt. This—again—is right next to another major mine, the Gold Field’s 3.3-million-ounce Salares Norte discovery. Salares Norte is one of the highest-grade gold deposits in this belt, which boasts more than 100 million ounces of gold in reserves, resources and past production.

Fiore is hungry for undervalued assets in known mining districts with multi-million-ounce deposits, and investors are going to love it.

#4 Well-Financed (Follow the Legendary Mining Money)

Fiore (TSX:F.V; OTC:FIORF) breaks the mold when it comes to small-cap gold miners in more ways than one. There’s nothing an investor likes more than a company with positive cash flow and the ability to raise capital with the snap of the fingers.

Fiore is backed by legendary financer Frank Giustra, so with big money following its dream team around, Fiore has no trouble raising the capital it needs to drill. This gives Fiore access to capital that most juniors don’t have, and last year alone they raised $16 million.

(Click to enlarge)

Giustra, the Canadian business mogul who really needs no introduction as he has financed countless high-level natural resource deals, is known for financing the right mining deals at just the right time. So much so that it has become known in industry circles as the “Giustra Premium”, which is exactly why Fiore is so well followed at this stage.

Fiore is already heavily funded—more than enough for its current exploration program, and more acquisitions are in the future.

#5 Drilling Results Soon

Fiore completed drilling an 8,000-meter RC drill program in December. The first drilling results at Pampas El Peñon have been promising, and follow-up drilling is planned before mid-year. Over $1 million has already been spent and most of the mapping, sampling, trenching and near-surface drilling has been completed—all showing similarities to the major gold reserves right next to it.

Three areas within rhyolitic domes with breccias and favorable geochemistry were identified and as priority drill targets—all of them in immediate vicinity of the Pampa Augusta Victoria open-pit and underground mines.

And this week already Fiore will kick off its drilling program at Cerro Tostado, with initial results coming in subsequent weeks.

And the previous work done here by Chile’s (NYSE:SQM) was already promising. The results of some 1,937 meters of reverse-circulation drilling in 17 holes confirmed the presence of structurally controlled silver-dominated mineralization, with highly anomalous levels of silver, arsenic and antimony and anomalous levels of lead and zinc.

To Re-Cap:

With Fiore, we’ve got a unique junior explorer here that has done something that juniors just don’t do: Flanked major miners in a flurry of acquisitions that we already know are highly prospective for gold and silver. Even better—they’ve got heavy weight backing to take this to the finish line. And with drilling results set to come in soon, this finish line is getting close, fast.

And the time is now—for gold.

Giustra is putting his money where his mouth is—and so far he’s been spot on. He recently told an audience at a Vancouver investment conference that the worsening political and economic uncertainty on the global stage was going to feed an incredibly bullish gold market--one that could quite possibly surpass the $1900 an ounce mark. So, says Giustra, if you’re looking at gold as an investor, you’ve got to get in now because this window is closing fast. That’s why he has major money in three gold explorers right now.

This is a rare chance to get in on a cycle opportunity for unexplored, under-explored and undervalued precious metals in Latin America, and the whole set-up with Fiore (TSX:F.V; OTC:FIORF) potentially offers more reward than risk.

By James Burgess of Oilprice.com



PAID ADVERTISEMENT. This communication is a paid advertisement and is not a recommendation to buy or sell securities. Oilprice.com, Advanced Media Solutions Ltd, it’s owners, managers, employees, and assigns (collectively “The Company”) has been paid by a third party to disseminate this communication. This compensation is a major conflict with our ability to be unbiased, more specifically:

This communication is for entertainment purposes only. Never invest purely based on our communication. Gains mentioned in our newsletter and on our website may be based on end-of- day or intraday data. If we own any shares we will list the information relevant to the stock and number of shares here. We have been compensated by Fiore Exploration Ltd. to conduct investor relations advertising and marketing for [TSX:F.V; OTC:FIORF]. Oilprice.com receives financial compensation to promote public companies. This compensation is a major conflict of interest in our ability to be unbiased. Therefore, this communication should be viewed as a commercial advertisement only. We have not investigated the background of the hiring third party or parties. The third party, profiled company, or their affiliates will liquidate shares of the profiled company at or near the time you receive this communication, which has the potential to hurt share prices. Any non- compensated alerts are purely for the purpose of expanding our database for the benefit of our future financially compensated investor relations efforts. Frequently companies profiled in our alerts experience a large increase in volume and share price during the course of investor relations marketing, which often end as soon as the investor relations marketing ceases. The investor relations marketing may be as brief as one day, after which a large decrease in volume and share price is likely to occur. Our emails may contain forward looking statements, which are not guaranteed to materialize due to a variety of factors.

We do not guarantee the timeliness, accuracy, or completeness of the information on our site or in our newsletters. The information in our communications and on our website is believed to be accurate and correct, but has not been independently verified and is not guaranteed to be correct. The information is collected from public sources, such as the profiled company’s website and press releases, but is not researched or verified in any way whatsoever to ensure the publicly available information is correct. Furthermore, The Company often employs independent contractor writers who may make errors when researching information and preparing these communications regarding profiled companies. Independent writers’ works are double-checked and verified before publication, but it is certainly possible for errors or omissions to take place during editing of independent contractor writer’s communications regarding the profiled company(s). You should assume all information in all of our communications is incorrect until you personally verify the information, and again are encouraged to never invest based on the information contained in our written communications.

DISCLOSURE. The Company does not make any guarantee or warranty about what is advertised above. The Company is not affiliated with, any specific security. While the Company will not engage in front-running or trading against its own recommendations, The Company and its managers and employees reserve the right to hold possession in certain securities featured in its communications. Such positions will be disclosed AND will not purchase or sell the security for at least two (2) market days after publication.

NOT AN INVESTMENT ADVISOR. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. ALWAYS DO YOUR OWN RESEARCH and consult with a licensed investment professional before making an investment. This communication should not be used as a basis for making any investment.

INDEMNIFICATION/RELEASE OF LIABILITY. By reading this communication, you agree to the terms of this disclaimer, including, but not limited to: releasing The Company, its affiliates, assigns and successors from any and all liability, damages, and injury from the information contained in this communication. You further warrant that you are solely responsible for any financial outcome that may come from your investment decisions.

FORWARD-LOOKING STATEMENT. As defined in the United States Securities Act of 1933 Section 27(a), as amended in the Securities Exchange Act of 1934 Section 21(e), statements in this communication which are not purely historical are forward-looking statements and include statements regarding beliefs, plans, intent, predictions or other statements of future tense.

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. Investing is inherently risky. While a potential for rewards exists, by investing, you are putting yourself at risk. You must be aware of the risks and be willing to accept them in order to invest in any type of security. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell securities. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results


All trades, patterns, charts, systems, etc., discussed in this message and the product materials are for illustrative purposes only and not to be construed as specific advisory recommendations. All ideas and material presented are entirely those of the author and do not necessarily reflect those of the publisher. No system or methodology has ever been developed that can guarantee profits or ensure freedom from losses. No representation or implication is being made that using the methodology or system will generate profits or ensure freedom from losses. The testimonials and examples used herein are exceptional results, which do not apply to the average member, and are not intended to represent or guarantee that anyone will achieve the same or similar results.

AFFILIATES. Some or all of the content provided in this communication may be provided by an affiliate of The Company. Content provided by an affiliate may not be reviewed by the editorial staff member. Our affiliates may have their own disclosure policies that may differ from The Company’s policy.

TERMS OF USE. By reading this communication you agree that you have reviewed and fully agree to the Terms of Use found here http://oilprice.com/terms-and-conditions If you do not agree to the Terms of Use http://oilprice.com/terms-and-conditions, please contact Oilprice.com to discontinue receiving future communications.

The information contained herein may change without notice.

Back to homepage

Leave a comment
  • B R Atkins on May 14 2017 said:
    Texas has more Germanium than in China. The Germanium in coal runs 199 PPM, and contains a large amount of iron and magnesium.

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News