Nickelex Resource Corp V.NICK

Alternate Symbol(s): NKLXF

Nickelex Resource Corporation, formerly Valterra Resource Corporation, is a Canada-based resource group company. It is engaged in providing exploration, administration, and corporate development services for its operations. Its operations include Swift Katie gold/copper property and Thompson, Manitoba nickel properties. Its 100%-owned porphyry/shear-hosted Cu-Au-Ag Swift Katie property is located approximately seven kilometers (km) south-west (SW) of the village of Salmo, British Columbia (BC). The property consists of over 19 contiguous MTO mineral claims, which covers an area of approximately 83 square km. It has an option to earn up to an 80% interest in the Moak North and Wilson Mineral Exploration Licenses in the Thompson Nickel Belt (TNB), Manitoba (the licenses). The four licenses are located 30 km north of the Thompson Nickel Mine and cover an area of approximately 30,283 hectares. The Company, through Pilar Gold Inc. and Laiva Gold Inc., has operations in Brazil and Finland.

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Nickelex Resource Corp > Update from Pilar Gold / VQA

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Comment by SusanBollandon Jul 25, 2022 10:42am

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Post# 34847924

RE:Update from Pilar Gold / VQA

Lockstock1 wrote: Received this update from Pilar Gold that VQA has a fairly large holding in. They're doing a private placement and showing how they plan to reach 125 k oz per year from current 45k oz over the next couple of years. This broker report from GOLDINVEST.de clarifies it pretty well:

Pilar Gold aims to join >100,000 oz Gold Producer Club in the Next Two Years

Here's a link to the email from Pilar -
Pilar Gold Achieves Strongest Production Rate in 3 Years

Makes VQA look very undervalued when you consider their Pilar holding alone at current raise is worth about 3 times their market cap.