2021-11-15 08:49:59
Eric Sprott has invested over $100 million into the junior mining gold stocks. Here are the top gold stocks that Eric Sprott owns:
1) Labrador Gold (TSX.V: LAB)
Eric Sprott recently invested an additional $9.99 million into Labrador Gold, increasing his ownership stake in the company to 12.4%. Labrador Gold is a junior gold mining stock exploring for tier-one gold discoveries in Newfoundland. The company has recently acquired a 100% interest in the highly prospective Kingsway gold project in Newfoundland, located along trend of New Found Gold’s Keats and Lotto zone discoveries. The company currently has 4 drill rigs operating as part of a 50,000 metre drill program.
2) New Found Gold (TSX.V: NFG)
Eric Sprott recently invested an additional $48 million into New Found Gold, acquiring 5 million shares at a price of $9.60 per share. New Found Gold holds a 100% interest in the Queensway Project located in Newfoundland. The project is intersected by the Trans-Canada Highway and has logging roads crosscutting the project, high voltage electric power lines running through the project area, and easy access to a highly skilled workforce. The Company is currently undertaking a 400,000m drill program at Queensway.
3) Newfoundland Discovery (CSE: NEWD)
Newfoundland Discovery recently received a lead order from Eric Sprott as part of its $1.5 million financing. Newfoundland Discovery is a junior gold exploration company with a significant land position in Newfoundland. The Company is also one of the largest mineral claim holders in the Fenelon Gold Camp next to leading Wallbridge Mining. The Company is also focused on exploration and development along the Detour Gold trend, and the La Corne pegmatite field in Quebec.
4) Tudor Gold (TSX.V: TUD)
Tudor Gold recently closed a $15 million private placement financing, with participation by Eric Sprott. Tudor Gold is a precious and base metals exploration and development company with properties in British Columbia’s Golden Triangle. Their 17,913 hectare Treaty Creek project borders Seabridge Gold Inc.’s KSM property to the southwest and borders Pretium Resources Inc.’s Brucejack property to the southeast.
5) Great Atlantic Resources (TSX.V: GR)
Eric Sprott recently completed a $1.45 million private placement with Great Atlantic Resources, a Canadian gold exploration company. Great Atlantic is focused on developing mineral assets in the Atlantic Canada region, one of the best mining jurisdictions in the world.
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