Yahoo Finance Emerging Markets Report
ORLANDO, FL / ACCESSWIRE / October 4, 2018 / It's not often you find a public mining company that seems to have checked all the boxes to succeed, but we might have just found one.
Winston Gold Corp. (''Winston Gold'' or the ''Company'') (WGC.CN) (WGMCF) headquartered out of Winnipeg with a tremendous mining asset in Helena, Montana.
Let's talk turkey in reasons why we like this small mining company:
The company operates in a ''safe jurisdiction'' what we mean by this is not only is it not in a war-torn country but it's in an area of USA that is accustomed to mining and the process that goes into it. This makes for an overall better process. In the link following you will see what violence can do and how it can cause a major issue for a company and why Winston sits in a great place! (http://www.mining.com/banro-halts-gold-mine-congo-due-violence-shares-collapse/)
Where Winston is located lies a reasonable permitting process allowing the company to not being hung up in red tape or waiting years to get permission. As a matter of fact, Winston has already acquired an SMES permit that allows underground mining.
Let's talk about what should be the obvious, Infrastructure. In most cases when people sit back and think about mines they think about an old western movie where the only way in or out is via horseback. Winston had this in mind when it secured its location in Montana which have all the infrastructure one would need, paved road almost all the way to the site, electricity and even air service, hospitals, schools, accommodation's all within 20 miles of the property.
General support from parts, repair, etc. are easy to come by in this area being that mining is not a new thing it has stood the test of time in this part of the US.
Montana has a long history of mining in the state and has a highly qualified workforce from mining engineers, geologists, drillers, assay labs, and miners to draw upon. This access to highly qualified and experienced workforce is a major reason we like Winston Gold and its odds to succeed.
Low Capex!! ... The veins run close to surface allowing access to the veins for minimal costs. A vein is where the mining company finds the deposits so the closer to the surface the less they need to drill so the less money they need to spend! This equals higher potential profit margins.
The last point we want to point out is there are 3 custom mills in the area close by which will allow the ore to be processed locally and expeditiously which again makes for profit increase higher.
With these 7 points of positives I can't find a reason that Winston can not succeed! When you couple the major points that are benefits to the company and the company's odds of success with the level of management experience, we might have just struck golf ourselves finding this one!
About Winston Gold
Winston Gold is a junior mining company focused on advancing high-grade, low cost mining opportunities into production. Towards that end, the Corporation has acquired an under-explored and under-exploited gold/silver mining opportunity known as the Winston Gold project near Helena, Montana.
Forward-Looking Information
This release includes certain statements that may be deemed "forward-looking statements." All statements in this release, other than statements of historical facts, that address events or developments that Winston Gold Mining Corp. (the "Company") expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects,'' "plans,'' "anticipates,'' "believes,'' "intends,'' "estimates,'' "projects,'' "potential" and similar expressions, or that events or conditions "will,'' "would,'' "may,'' "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guaranteeing of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
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EMC has been paid 1,100,000 restricted shares from Winston Gold
CONTACT:
James Painter, jamespainter@emergingmarketsllc.com
SOURCE: Emerging Markets Report
