Molycor's Golden Opportunity

Spotlight Companies |

Molycor GoldVancouver, BC-based junior resource company Molycor Gold Corp. (MOR.TSXV), (MLYFF), (M1V.F) is a diversified metal-mining company seeking precious, specialty, and base metals from properties in Nevada  and British Columbia. Focused on magnesium, molybdenum, and gold exploration and development, Molycor is well placed to take advantage of market conditions like the high price of gold or Chinese efforts to manipulate the market for magnesium.

A Golden Opportunity

Molycor began expanding into Nevada exploration in 2005 with a portfolio of precious metal properties in the Cortez gold belt in the Battle Mountain Range in Nevada. There, the company now owns 100%, six properties that are exploring for magnesium, silver, and gold. The Davis  is a gold prospect with a historic gold resource developed by USSRAM. The Ridgetop Project is also a gold prospect as is the TKO-Hot Dog Ridge  and the Griffon Property. The Silverado Property is a  silver and gold prospect, while the Tami-Mosi project was exploring for gold and discovered magnesium. Magnesium is a crucial element used in everything from metal alloys to propellants, but may be susceptible to Chinese price control since the country controls roughly 80 percent of the world's supply.

The Market for Molybdenum

Molycor has been active in exploration of properties in British Columbia since the early 1990s, finding considerable molybdenum deposits there along with other valuable metals. Molycor's molybdenum properties include two mines in British Columbia: the CrowRea project, discovered in 1995, and the Dobbin II Tadpole Lake Project, which has been worked since the late 1970s. Also in British Columbia, Molycor is exploring four other locations. The Dobbin I property, which has copper, platinum, and palladium claims; the Flap Project, which is a gold prospect; Windpass & Sweethome Properties, which is also a gold exploration prospect; and Beaverdell, which is a lead, zinc, and silver prospect. The completion of a recent drill program in Beaverdell featured 16 diamond drill holes that produced significant silver, copper, lead, zinc and gold values from the split diamond drill core.

Molycor Poised for Success

Molycor's properties all contribute to a growing sense of strong economic opportunity in the mining sector. Between the skyrocketing price of gold and the efforts by the Chinese to manipulate magnesium prices, efforts to ramp up North American mining operations are getting more attention than ever. Molycor's positions in Nevada and British Columbia  leave it well-placed to take advantage of this promising economic trend.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:


Symbol Name Price Change % Volume
TCL.B:CA Transcontinental Inc. Class B Multiple Voting Shar 25.90 0.19 0.74 525
ARNA Arena Pharmaceuticals Inc. 14.88 -1.31 -8.09 971,076 Trade
VVUS VIVUS Inc. 1.22 0.06 5.17 2,242,660 Trade


Emerging Growth

CMX Gold & Silver Corp.

CMX Gold & Silver Corp is an exploration stage company. The Company is engaged in the acquisition, exploration and development of silver and copper/gold properties in the USA.

Private Markets

Almond Smart Home Router by Securifi

Securifi sells user friendly touch screen routers that also have support for IoT/home automation.Securifi’s Almond revolutionized wireless router setup with its easy to use Touchscreen Interface in 2012. Now our…


The spark hit Jamie when he saw co-workers competing to lose weight. Instead of pizzas and subs, they were eating salads and jogging along the river. Some were sneakily leaving…