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Damara Gold Corp V.DMR

Alternate Symbol(s):  SLMZF

Damara Gold Corp. is a Canada-based mineral exploration company. The Company is focused on the exploration of the Placer Mountain Gold Property and VanLab Property. The Placer Mountain Property covers an approximately 16,381-hectare land package, which is located approximately 35 kilometers south of Princeton, British Columbia. Its VanLab Property is located in the Quebec territory of Nunavik approximately 200 km north of Schefferville and 200 km south of Kuujjuaq. It covers approximately 203 mineral exploration claims located in the Labrador Trough region of Quebec.


TSXV:DMR - Post by User

Post by StockHawk1on Jun 15, 2022 6:31pm
111 Views
Post# 34759741

$DMR DD (info on Placer Mt.)

$DMR DD (info on Placer Mt.)

For those into gold jr's Damara Gold ($DMR.v $SLMZF) is an exploration company that I think could be pretty undervalued right now. 


$DMR has a 75% interest in the Placer Mountain Gold Property which comprises 22 mineral claims covering over 8k hectares. Also Placer Mountain is located just off of highway 3 so it is highly accessible → https://www.damaragoldcorp.com/placer-mountain.html


This spring $DMR intersected high-grade gold assays from the Kodiak Zone discovery @ Placer Mountain. The drill intercepted 46.51 g/t gold & 32.2 g/t silver for 1.35m as well as 31.80 g/t gold and 47.3 g/t silver for 1.3m → https://www.damaragoldcorp.com/2022-news.html


$DMR's leadership is also solid IMO as its President and CEO is a veteran mine finder. + $DMR  has a tight share structure and is heavy inside ownership. 


$DMR took a dip today so it is looking pretty cheap/undervalued rn IMO @ $0.045 (MC is $3.128M)

 
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