Dual-listed Touchstone Gold's chairman is the legendary Bob Buchan, who among his other achievements founded Kinross Gold in 1993, which is now the third largest gold mining company in North America. He is also the current executive chairman of Allied Nevada Gold.


Touchstone Gold's drill intersections include intercepts of:

28.25 meters of 8.75 g/t gold
16.8 meters of 8.7 g/t gold
15 meters of 9.13 g/t gold
8.4 meters of 14.0 g/t gold

These are clearly eye-catchingly high grades, and being near-surface suggest the potential for open-pit mining.

And there is near surface gold mineralization along 15km+ of prospective strike length, which supports the view that the existing gold discoveries can be increased very substantially.

An extract from the 27th. June 2013 Touchstone Gold news release:
Touchstone Gold Announces the Discovery of a New High-Grade Gold Zone at its Segovia Gold Project in Colombia
Toronto, Ontario, June 27, 2013
""We are encouraged by the discovery of another mineralized trend that is similar in size to our Pepas-Filodehambre-1141 zone. Finding the Bonanza Zone enhances the high-grade profile of our land package and increases our confidence in the multi-million ounce potential of our Segovia Gold Project. Touchstone continues to move forward in our pursuit to build a low-cost, near-surface, high-grade gold production scenario" commented David Wiley, President and CEO of Touchstone Gold."
http://www.touchstonegold.com/s/NewsReleases.asp?DateRange=2013/01/01...2013/12/31


There are two potential near-term catalysts for a TCH rerating upwards from 3.5 cents:

1. From TCH's recent update announcement: "possible transactions that might be accretive in value for all shareholders" and "two such initiatives can be accurately be described as being in "advanced discussion" stage."
Interim Update 20/09/2013
http://www.touchstonegold.com/s/NewsReleases.asp?DateRange=2013/01/01...2013/12/31

2. From the profile of Touchstone which was in the late March 2013 issue of Mining Resources Quarterly:
"Upon completion of all drilling planned for the year, Touchstone will initiate a maiden NI 43-101 compliant resource estimate on the Segovia Gold Project and release the report by the end of the year."
http://www.mrqonline.co.uk/company-profile/TGL/Touchstone-Gold-Limited

Initiation of a maiden resource estimate can and should be a major confirmation of value, with a communserate stock price advance.