Let's look at some 'company changing' drill holes from 2023.

It's been a tough year for junior mining investors, but a handful of companies still managed to deliver significant value through the drill bit.

www.miningcatalyst.com

NGEx Minerals $NGEX.V

NGEx announced a jaw-dropping discovery on April 4th this year at their Potro Cliffs (Lunahuasi) property in the Vucina district in Argentina, intersecting:

60.0m @ 5.65% Cu, 2.04 g/t Au, 44.0 g/t Ag (7.52% CuEq)

up 63% since the discovery and

Raised C$85 million at C$6.50 which is ~50% above the pre-discovery price.

Lavras Gold $LGC.V

Lavras Gold announced a bulk tonnage style discovery on August 29th at their Fazenda do Posto property in Brazil intersecting:

340m @ 1.09 g/t Au (370 g*m)

up 150% since the discovery and

Raised C$14 million (incl. Eric Sprott, McEwen, and Kinross) at C$1.35 which is ~225% above the pre-discovery price.

Hercules Silver $BIG.V

Hercules truly hit it big at their Hercules Property in Idaho discovering a blind porphyry on October 10th:

185m @ 0.84% Cu, 111 ppm Mo, and 2.6 g/t Ag

up 384% since the discovery and

Raised C$24 million (from Barrick) at C$1.10 which is ~340% above the pre-discovery price.

Founders Metals $FDR.V

Founders hit an impressive hole at their Antino Project in Suriname on August 24th:

15.5m @ 30.72 g/t Au (476 g*m)

up 198% since announcement

Raised C$5.75 million at C$0.80 which is ~97% above the pre-announcement price.

Metallic Minerals $MMG.V

Metallic managed to produce an excellent step-out hole at their La Plata Project in Colorado announced on February 28th:

816m @ 0.30% Cu, 2.47 g/t Ag, 0.186 g/t Au+PGE (0.41% CuEq

up 30% since announcement

Raised C$6.3 million at C$0.40 (From Newcrest) which is ~67% above the pre-announcement price.

Benton Resources $BEX.V

Benton intersected some copper-rich massive sulphide mineralization at their Great Burnt Property from November 1st:

13m @ 8.31% Cu (108 Cu %*m)

up 270% since announcement

Raised C$1.56 million at C$0.25 (FT)

Southern Cross Gold $SXG.AX

Southern Cross managed to intersect a whopping traversing headline hole on September 5th:

404.4 m @ 5.1 g/t Au, 0.3% Sb (5.6 g/t AuEq)

up 90% since announcement

$SXG.AX didn't need to raise with A$12m in cash

Wildcat Resources $WC8.AX

First assays at Wildcat's newly acquired Tabba Tabba lithium project in Western Australia confirmed at new Li discovery on September 18th:

85m @ 1.1% Li2O

up 212% since the discovery and

Raised C$100 million at A$0.76 which is ~220% above the pre-discovery price.

TG Metals $TG6.AX

First drill hole at their Lake Johnston Project intersected high-grade lithium:

9m @ 1.62% Li2O

up 280% since the discovery and

Raised A$10 million at A$0.75 which is ~600% above the pre-discovery price.

Strickland Metals $STK.AX

Strickland made an exceptional discovery at their Yandal Gold project in Western Australia on September 19th:

31m @ 5.6 g/t Au (173 AuEq g*m)

up 233% since the discovery and

No need to raise money $STK.AX sold a project to Northern Star for A$61m

Collective Mining $CNL.TO

Sussman surprised the market on Feb 23rd with a new porphyry discovery on their Apollo Project in Colombia:

384.7m @ 1.17 g/t Au, 43 g/t Ag, and 0.37% Cu (2.46 g/t AuEq)

up 50% since the discovery

Raised C$30 million at C$4.25 which ~60% above the discovery price

Delta Resources $DLTA.V

Delta confirmed the eastern extension at their Delta 1 Property in Ontario on Feb 9th:

31m @ 5.92 g/t Au (183 AuEq g*m)

up 27% since the announcement

Raised C$10 million at C$0.45 which ~310% above the announcement price

American West Metals $AW1.AX

American West confirmed high-grade near-surface copper mineralization at their ( $BAY.V JV) Storm Project on June 6th:

67.1m @ 1.1% Cu

up 145% since the announcement

Raised A$7.8 million at A$0.14 which ~145% above the announcement price