#101 years of elko

[noctis-equinox]

Hometown Vibes

The fires have died down and the smoke is clearing. Life is good again.

Oof what a long hiatus. But I am back boiiiiissss!

[andreagillmer]

American Pacific Mining Drilling Tuscarora Gold Project

Source: Bob Moriarty for Streetwise Reports   05/03/2018

Bob Moriarty of 321 Gold profiles a company that has taken over a high-grade gold exploration project from Novo Resources.

In 2014 my favorite gold junior, Novo Resources Corp. (NVO:TSX.V; NSRPF:OTCQX), did a deal on a small project in Nevada named Tuscarora with some barn burning historic results. Naturally since the main focus was on Western Australia in 2016 when Novo announced high-grade bonanza results such as 143.5 g/t over 1.52 meters, the market only yawned.

Novo didn’t pay much for the project and since it took attention and resources away from their primary focus, when the opportunity came up to vend it into a new junior and recover 100% of their costs, Quinton took it. In November of 2017 announced a deal with American Pacific Mining Corp. (USGD:CSE).

The terms call for American Pacific to pay Novo $375,000 and to issue $200,000 worth of shares spread over three years and to expend $100,000 each year in exploration. There was an existing 2-4% NSR on the 24 unpatented mining claims in Elko County. Novo added an additional 0.5% payable to themselves.

It’s always nice to drill a home run hole with 143.5 g/t gold grade but even better when you can pick up such a project essentially for peanuts after someone else already found the vein system for you. In 1995 Quinton Hennigh was working for Newcrest when they drilled the Navajo vein at Tuscarora. They reported 30 g/t gold for 1.5 meters, 182 g/t gold at 1.5 meters and 51 g/t gold at 1.5 meters. In the East Pediment vein Newcrest reported 28.2 g/t Au for three meters and 4.6 g/t Ai for 1.5 meters.

When Novo drilled in 2016 they hit the bonanza hit of 143.5 g/t over 1.5 meters and 21.5 g/t Au over 1.5 meters. American Pacific got their drill permit for Tuscarora on the 17th of April and began phase 1 of a planned 19 hole program as the drills began turning. Their plan is to complete 10-12 holes, check the results when the assays come in and then complete the program.

We know from past results from both Newcrest and Novo that there are multiple bonanza grade veins at Tuscarora. Novo didn’t have the bandwidth to focus on the project. American Pacific has three million dollars in the bank and can focus. When results come in, I expect a revaluation of the shares.

As of now the company has a market cap of about $10 million CAD. There are warrants outstanding at $0.35 that can be accelerated at $0.50 that will bring in enough money for a follow up drill program.

If you think gold mining companies have value and will go up as gold goes up, American Pacific is a really easy to understand story. It’s a Quinton Hennigh project with 23 years of his thinking about it. Novo didn’t have the bandwidth to do Tuscarora right so they vended it to a new company run by people Quinton is comfortable with. They know where the veins are, they need to define a minable resource and either vend it out to a major or mid-tier or put it into production themselves.

With another 5,000 meters of drilling planned I would expect American Pacific to start planning on a 43-101 resource. They need 1-2 million of a high-grade resource to be taken seriously and frankly I wouldn’t even guess what they might have. But when you are dealing with 1.5 meters width of ounce-plus material you can figure out the strike length and depth and do a back of the envelope calculation.

Look for results to start coming out in six weeks or so. The stock could be explosive especially if the summer rally has started.

American Pacific is an advertiser and I have participated in two private placements. I know the management well and like them a lot. They did a good deal on the project and are in a perfect position to move this significantly forward. I am biased so do your own due diligence.

American Pacific Mining USGD-C $0.355 (May 03, 2018) USGDF-OTCBB 32.6 million shares American Pacific website.

Bob and Barb Moriarty brought 321gold.com to the Internet almost 16 years ago. They later added 321energy.com to cover oil, natural gas, gasoline, coal, solar, wind and nuclear energy. Both sites feature articles, editorial opinions, pricing figures and updates on current events affecting both sectors. Previously, Moriarty was a Marine F-4B and O-1 pilot with more than 832 missions in Vietnam. He holds 14 international aviation records.

Want to read more Gold Report articles like this? Sign up for our free e-newsletter, and you’ll learn when new articles have been published. To see a list of recent articles and interviews with industry analysts and commentators, visit our Streetwise Interviews page.

Disclosure: 1) Bob Moriarty: I, or members of my immediate household or family, own shares of the following companies mentioned in this article: American Pacific and Novo Resources. American Pacific and Novo Resources advertisers on 321 Gold. I determined which companies would be included in this article based on my research and understanding of the sector. 2) The following companies mentioned are billboard sponsors of Streetwise Reports: None. Click here for important disclosures about sponsor fees. 3) Statements and opinions expressed are the opinions of the author and not of Streetwise Reports or its officers. The author is wholly responsible for the validity of the statements. The author was not paid by Streetwise Reports for this article. Streetwise Reports was not paid by the author to publish or syndicate this article. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. Streetwise Reports requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Streetwise Reports relies upon the authors to accurately provide this information and Streetwise Reports has no means of verifying its accuracy. 4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports’ terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports. 5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article, until one week after the publication of the interview or article. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of American Pacific, a company mentioned in this article.

Photos courtesy of the author.

( Companies Mentioned: USGD:CSE, NVO:TSX.V; NSRPF:OTCQX, )

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[goldcoins0]

American Pacific Mining Drilling Tuscarora Gold Project

Source: Bob Moriarty for Streetwise Reports   05/03/2018

Bob Moriarty of 321 Gold profiles a company that has taken over a high-grade gold exploration project from Novo Resources.

In 2014 my favorite gold junior, Novo Resources Corp. (NVO:TSX.V; NSRPF:OTCQX), did a deal on a small project in Nevada named Tuscarora with some barn burning historic results. Naturally since the main focus was on Western Australia in 2016 when Novo announced high-grade bonanza results such as 143.5 g/t over 1.52 meters, the market only yawned.

Novo didn't pay much for the project and since it took attention and resources away from their primary focus, when the opportunity came up to vend it into a new junior and recover 100% of their costs, Quinton took it. In November of 2017 announced a deal with American Pacific Mining Corp. (USGD:CSE).

The terms call for American Pacific to pay Novo $375,000 and to issue $200,000 worth of shares spread over three years and to expend $100,000 each year in exploration. There was an existing 2-4% NSR on the 24 unpatented mining claims in Elko County. Novo added an additional 0.5% payable to themselves.

It's always nice to drill a home run hole with 143.5 g/t gold grade but even better when you can pick up such a project essentially for peanuts after someone else already found the vein system for you. In 1995 Quinton Hennigh was working for Newcrest when they drilled the Navajo vein at Tuscarora. They reported 30 g/t gold for 1.5 meters, 182 g/t gold at 1.5 meters and 51 g/t gold at 1.5 meters. In the East Pediment vein Newcrest reported 28.2 g/t Au for three meters and 4.6 g/t Ai for 1.5 meters.

When Novo drilled in 2016 they hit the bonanza hit of 143.5 g/t over 1.5 meters and 21.5 g/t Au over 1.5 meters. American Pacific got their drill permit for Tuscarora on the 17th of April and began phase 1 of a planned 19 hole program as the drills began turning. Their plan is to complete 10-12 holes, check the results when the assays come in and then complete the program.

We know from past results from both Newcrest and Novo that there are multiple bonanza grade veins at Tuscarora. Novo didn't have the bandwidth to focus on the project. American Pacific has three million dollars in the bank and can focus. When results come in, I expect a revaluation of the shares.

As of now the company has a market cap of about $10 million CAD. There are warrants outstanding at $0.35 that can be accelerated at $0.50 that will bring in enough money for a follow up drill program.

If you think gold mining companies have value and will go up as gold goes up, American Pacific is a really easy to understand story. It's a Quinton Hennigh project with 23 years of his thinking about it. Novo didn't have the bandwidth to do Tuscarora right so they vended it to a new company run by people Quinton is comfortable with. They know where the veins are, they need to define a minable resource and either vend it out to a major or mid-tier or put it into production themselves.

With another 5,000 meters of drilling planned I would expect American Pacific to start planning on a 43-101 resource. They need 1-2 million of a high-grade resource to be taken seriously and frankly I wouldn't even guess what they might have. But when you are dealing with 1.5 meters width of ounce-plus material you can figure out the strike length and depth and do a back of the envelope calculation.

Look for results to start coming out in six weeks or so. The stock could be explosive especially if the summer rally has started.

American Pacific is an advertiser and I have participated in two private placements. I know the management well and like them a lot. They did a good deal on the project and are in a perfect position to move this significantly forward. I am biased so do your own due diligence.

American Pacific Mining USGD-C $0.355 (May 03, 2018) USGDF-OTCBB 32.6 million shares American Pacific website.

Bob and Barb Moriarty brought 321gold.com to the Internet almost 16 years ago. They later added 321energy.com to cover oil, natural gas, gasoline, coal, solar, wind and nuclear energy. Both sites feature articles, editorial opinions, pricing figures and updates on current events affecting both sectors. Previously, Moriarty was a Marine F-4B and O-1 pilot with more than 832 missions in Vietnam. He holds 14 international aviation records.

Want to read more Gold Report articles like this? Sign up for our free e-newsletter, and you'll learn when new articles have been published. To see a list of recent articles and interviews with industry analysts and commentators, visit our Streetwise Interviews page.

Disclosure: 1) Bob Moriarty: I, or members of my immediate household or family, own shares of the following companies mentioned in this article: American Pacific and Novo Resources. American Pacific and Novo Resources advertisers on 321 Gold. I determined which companies would be included in this article based on my research and understanding of the sector. 2) The following companies mentioned are billboard sponsors of Streetwise Reports: None. Click here for important disclosures about sponsor fees. 3) Statements and opinions expressed are the opinions of the author and not of Streetwise Reports or its officers. The author is wholly responsible for the validity of the statements. The author was not paid by Streetwise Reports for this article. Streetwise Reports was not paid by the author to publish or syndicate this article. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. Streetwise Reports requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Streetwise Reports relies upon the authors to accurately provide this information and Streetwise Reports has no means of verifying its accuracy. 4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports. 5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article, until one week after the publication of the interview or article. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of American Pacific, a company mentioned in this article.

Photos courtesy of the author.

( Companies Mentioned: USGD:CSE, NVO:TSX.V; NSRPF:OTCQX, )

from https://www.streetwisereports.com/article/2018/05/03/american-pacific-mining-drilling-tuscarora-gold-project.html

[junker-town]

NC State is improving dramatically, but so is the ACC. Breakthrough in 2017?

Dave Doeren is both doing a strong job overall and appearing on hot-seat lists.

The ACC might have been the best league in the country last year. From the perspective of S&P+ averages, the SEC barely held onto the top spot (which is why this countdown is previewing ACC teams right now and not SEC teams yet), but if you get points for winning the national title, the Heisman, and of course the Piesman, the ACC gets the nod.

Clemson and Florida State have emerged as two of the surest things in the sport, but the strength has been the middle class. In addition to two top-six teams, five ACC teams ranked between 12th and 25th in S&P+.

This is great news for the league. But it’s making it difficult to gauge how teams are actually doing.

For most of last season, I saw vague references to NC State coach Doeren being close to the hot seat. As I sometimes get stuck in my ratings world and forget about records, this had me confused.

Doeren inherited a team that had ranked worse than 75th in S&P+ in three of its last four seasons under Tom O’Brien. The Wolfpack offense fell directionless after Russell Wilson left, and the defense was merely decent. Because of the state of the conference, they were still winning — O’Brien’s last two sub-75 teams went 15-11 — but this was a mediocre program.

The Pack ranked just 78th in Doeren’s first season but improved to 46th in 2014, 41st in 2015, and 25th last fall. The defense has improved for three consecutive years, and the offense regressed by only a bit last season* after improving the previous two years. This was a strong team that finished well, beating UNC in Chapel Hill and trouncing Vanderbilt in the Independence Bowl.

So shy in the world would Doeren be under pressure with such clear improvement? Wins. He doesn’t have a ton of them. He is 25-26 after four seasons, 22-17 if you remove the first-year reset. In O’Brien’s last four years, State was 29-22. Improvement on paper is great, but it only means so much to fans if you’re just improving enough to keep up with the conference’s improvement.

NC State left some wins on the board in 2016. The Wolfpack would’ve beaten Clemson, if not for a missed field goal. They fell to an East Carolina that would succumb to injury and finish 3-9, and they should have been kicked out of the Def. S&P+ top 25 for giving up 21 points to Boston College in an upset loss.

Still, against teams outside of the S&P+ top 15, they went 7-2, and both losses were statistically unlikely. Their postgame win expectancy, based on a game’s key stats, was 82 percent against ECU and 64 percent against BC, meaning there was only about a 6 percent chance of losing both (and a 52 percent chance of winning both).

The major problem: they played four really good teams and lost to all four. They nearly beat Clemson and Florida State but didn’t. They are not only in the best-ever version of the ACC, they were randomly placed in its best division, too. (Divisions: dumb and outdated.)

So how do we judge Doeren then? “They’re better on paper” sounds great, but it’s not reassuring if you keep leaving your stadium bummed out. (State has lost at least three home games in each of Doeren’s seasons.)

Still, using historical precedent, what can State expect? The Wolfpack have only had a handful of teams better than 2016’s since Lou Holtz left in the early 1970s. In fact, per S&P+, there have been just three, in 1979, 2002, and 2003. Only one won more than eight games.

NC State has mastered the art of being competitive and coming up short. (As a Missouri fan, I can say such a thing.) Over the last 29 seasons, they have been to 20 bowls but have won double-digit games or finished in the AP top 15 just once. State’s history has been of brief brilliance and the funks that follow.

Don’t expect much to change in 2017. State plays four teams projected 17th or better, seven in the top 40. The Pack are projected to again rank in the top 30 and again win about seven games.

There are worse fates, but the problem for Doeren is that there are better ones, too.

* That’s including the Notre Dame game in the ratings, and as that game was played in an outright monsoon, there’s a case for removing it. It probably bumped State’s defensive ranking up by 10 spots and bumped the offense down an equal amount.

Jeremy Brevard-USA TODAY Sports

2016 in review

2016 NC State statistical profile.

A quick glance at NC State’s 2016 results suggests a narrative: the Pack started 4-1, lost four in a row, then won three of four. So they fell victim to a midseason funk? Not necessarily; they fell victim to playing three elite teams (Clemson, Louisville, FSU) in four weeks, two on the road.

Even taking the unlikely losses to ECU and BC into account, State was tremendous against less-than-tremendous teams.

NC State vs. S&P+ top 15 (0-4): Avg. percentile performance: 52% (~top 60) | Avg. yards per play: Opp 6.1, NC State 5.0 (minus-1.1) | Avg. score: Opp 32, NC State 16 (minus-16)

NC State vs. everyone else (7-2): Avg. percentile performance: 83% (~top 20) | Avg. yards per play: NC State 6.1, Opp 4.6 (plus-1.5) | Avg. score: NC State 32, Opp 19 (plus-13)

The offense was problematic in games against good competition. The Pack scored 17, 13, 20, and 13 points in top-15 games, getting truly thumped only once (54-13 to Louisville) but otherwise remaining competitive enough to lose in frustrating fashion.

Will the experienced offense find another gear?

Offense

Full advanced stats glossary.

Last winter, Matt Canada became one of the hottest assistant coaches in college football. His Pitt offense ranked fourth in Off. S&P+, and it got him hired by LSU.

A year earlier, Canada was getting pushed out of Raleigh by Doeren. Maybe the two didn’t see eye-to-eye, but in two years, Canada had improved the State offense from 90th in Off. S&P+ to 35th. It was a confusing move.

Eliah Drinkwitz’s first NC State offense was, considering the circumstances, fine. It was good against lesser teams — the Wolfpack did score 33 on Mike Elko’s excellent Wake Forest defense and put up 41 against Vanderbilt — and some of the regression could be explained by a quarterback change and the loss of three excellent linemen.

Drinkwitz is a Gus Malzahn disciple, and his tactical flexibility was fascinating. He basically created a brand new, H-Backish position for Jaylen Samuels and gave him 81 pass targets and 33 carries. (I followed Backing The Pack’s lead and listed his position as JAYLEN in the spreadsheet at the bottom of this preview.) He gave slot receiver Nyheim Hines 60 targets and 13 carries. He gave running back Matthew Dayes 249 carries and 41 targets.

Rob Kinnan-USA TODAY Sports

Nyheim Hines

The Drinkwitz offense identifies top play-makers and gets them the ball in as many ways as possible. With Samuels and Hines back, that should continue. But Dayes’ departure opens up the backfield. That might not be the end of the world, as the run game wasn’t very effective. Drinkwitz attempted balance on standard downs, calling run plays 61 percent of the time, but State ranked 78th in standard-downs success rate.

State got away with falling behind the chains because quarterback Ryan Finley was so good at catching back up. Finley’s passer rating was at its best on second down — he completed 68 percent then, with a 148 passer rating — which suggests good decision-making from Finley and strong play-calling from Drinkwitz. State ranked 16th in passing-downs success rate and created third-and-manageables.

Be it Hines, Samuels, senior Dakwa Nichols, or junior Reggie Gallaspy II, a reliable ball carrier needs to emerge. The return of four line starters (including senior all-conference guard Tony Adams) should help. State’s line will likely start Adams and four juniors, so it should improve this year and again in 2018.

Rich Barnes-USA TODAY Sports

Ryan Finley

If the run game can bring a little more efficiency, that could create more dam-busters. State was so busy catching up to the chains that big-play opportunities were a rarity. Non-QBs averaged just 4.7 yards per carry, and while Samuels and Hines combined for 98 receptions, they only averaged 11.1 yards per catch.

There was an emphasis on efficiency and horizontal passing that did occasionally open up big plays. Wideouts Stephen Louis, Bra’Lon Cherry, Kelvin Harmon, and Maurice Trowell did catch a combined 101 balls for 1,723 yards (17.1 per catch). But Finley averaged only 12.1 yards per completion against top-15 teams, when Dayes averaged just 4.3 yards per carry. There was no pop.

Continuity is a major plus. Louis, Harmon, and Trowell return (as does 2015 contributor JuMichael Ramos), and Finley and Drinkwitz are both in their second seasons in major roles. There’s potential for both efficiency and explosiveness; the task is to have both against really good defenses.

Defense

I noted in last year’s preview that letting Canada go but keeping defensive coordinator Dave Huxtable was confusing. The Wolfpack defense had improved for two straight years, but it was lagging behind the offense.

That changed in 2016. The Wolfpack would have had a top-30 defense even without the hurricane game against Notre Dame, and they had one of the most punishing run defenses in the country.

That’s not going to change in 2017, not with the top five linemen and top three linebackers back. The defense was lucky from an injury perspective — of the 20 defenders to average at least 0.8 tackles per game, 13 played in every game, and only one missed more than three games — and that probably won’t continue, but for the front six at least, depth means it probably won’t matter.

Rob Kinnan-USA TODAY Sports

Bradley Chubb (9) and Justin Jones (27)

The tackle trio of Justin Jones, B.J. Hill, and Eurndraus Bryant was immovable, which freed up play-makers in every direction. End Bradley Chubb had 21.5 tackles for loss (sixth in FBS), 10 sacks, and three forced fumbles last year, while fellow ends Kentavius Street and Darian Roseboro combined for 21 and 12.5, respectively. Primary linebackers Airius Moore and Jerod Fernandez added 18 TFLs, 2.5 sacks, and nine passes defensed.

State disrupted the run as well as anyone, ranking seventh in rushing success rate, 21st in power success rate, and 26th in stuff rate. Adjust for opponent, and you’ve got a defense that ranked 12th in Rushing S&P+. It would almost be disappointing if the Pack didn’t move into that top 10 this year.

Photo by Grant Halverson/Getty Images

Airius Moore and friends

Of course, opponents figured out that they shouldn’t run — State faced runs just 47 percent of the time on standard downs, 125th in FBS — and found more luck throwing. That will continue. State ranked 39th in passing success rate, and while big-play prevention was a strength, a quick passing game was a good antidote for State’s awesome run defense and aggressive pass rush.

This is problematic, considering the Pack have to replace three of their top four safeties (second-round draft pick Josh Jones and nickels Dravious Wright and Niles Clark) and corner Jack Tocho.

There is a senior presence with the return of safety Shawn Boone and corner Mike Stevens, but State will have to rely on less proven pieces in the back. Either sophomore Nick McCloud, redshirt freshman James Valdez, or converted receiver Johnathan Alston will likely start opposite Stevens at corner, while the other safety roles will go to some combination of unproven juniors (Dexter Wright, Freddie Phillips Jr.) and sophomores (Jarius Morehead, Trae Meadows, Tim Kidd-Glass).

A drop-off is inevitable, and the magnitude will determine how much State gets to take advantage of this run defense.

Special Teams

If you remember one play from NC State’s 2016, it is probably a missed field goal. With two seconds remaining in Death Valley, freshman kicker Kyle Bambard had a 33-yard kick to beat eventual national champion Clemson but pushed it wide. State lost in OT.

That was just one kick, but it was a strong indicator. State ranked 116th in Special Teams S&P+ last season, thanks mostly to miserable production from the legs. Bambard missed four field goals under 40 yards and three PATs, and only 22 percent of his kickoffs reached the end zone. Punter A.J. Cole III fared better, averaging 41.3 yards, but State still ranked just 77th punt efficiency.

Nyheim Hines is an excellent kick returner. I just listed all of State’s known special teams strengths.

2017 outlook

2017 Schedule & Projection Factors

Date Opponent Proj. S&P+ Rk Proj. Margin Win Probability 2-Sep vs. South Carolina 36 2.7 56% 9-Sep Marshall 101 21.3 89% 16-Sep Furman NR 31.6 97% 23-Sep at Florida State 3 -18.8 14% 30-Sep Syracuse 60 8.9 70% 5-Oct Louisville 14 -6.1 36% 14-Oct at Pittsburgh 33 -0.9 48% 28-Oct at Notre Dame 17 -7.8 33% 4-Nov Clemson 6 -10.3 28% 11-Nov at Boston College 76 9.4 71% 18-Nov at Wake Forest 64 4.5 60% 25-Nov North Carolina 38 5.4 62%

Projected S&P+ Rk 27 Proj. Off. / Def. Rk 51 / 27 Projected wins 6.6 Five-Year S&P+ Rk 3.8 (50) 2- and 5-Year Recruiting Rk 46 / 40 2016 TO Margin / Adj. TO Margin* 2 / 2.8 2016 TO Luck/Game -0.3 Returning Production (Off. / Def.) 71% (83%, 58%) 2016 Second-order wins (difference) 8.5 (-1.5)

Every fan base deserves that feeling of breakthrough occasionally, and that makes the NC State job a tricky one. The Wolfpack are consistently good but never experience true success, and because Doeren hasn’t changed that, either overall or in single-game upsets — at NCSU, he’s 0-15 against P5 teams that finished with at least nine wins and 25-11 against everybody else — he is facing more pressure than his performance warrants.

Fair or unfair, though, it’s not going to change. Odds are in favor of State having another of its better teams and again finishing with seven or eight wins.

Is there a chance for a breakthrough? Absolutely. Few teams can boast this level of experience, and the combination of Drinkwitz’s positionless offense with a dynamite front seven gives the Wolfpack a combination of uniqueness and proven quality. They nearly beat the two best teams on this year’s schedule last year, and they get a revenge opportunity against Louisville.

Experience creates extra pressure, though: this team will have to rebuild its offense and replace Samuels next year. Win now, or start over again.

Team preview stats

All power conference preview data to date.

[hashtagvanlife]

Mountain Collective Road Trip Wrapup

In January 2017, I left from Los Angeles, CA to start my road trip to all of the mountains on the Mountain Collective Ski Pass. The mountain, the conditions and my accommodations for each ski resort is listed below in order. I drove a total of 6,800 miles and went through one windshield wiper, two bottles of windshield fluid, one oil change, two ball joints, two struts, and five glow plugs.

Mammoth Lakes, California 300″ base of snow – 30-35 degrees F – sunny and blue skies One of the largest ski resorts in the US. It was a great start to the trip – great coverage and blue-bird conditions with low wind. The terrain was very accessible and easy to get around. Lots of steep, fast runs (which I loved!) ACCOMMODATIONS: Mammoth Guest House (an awesome old wood A-frame).

Squaw Valley, Tahoe, California 158″ base of snow – 39 degrees F – raining/sleet/snow mix and windy (40 mph at mid-mountain and 100mph winds at the peak) Squaw has their first big snow season in almost 5 years however it was one of the worst days of skiing in my life. All of the locals had squeeges on their gloves to wipe away the rain from their goggles. The snow was like Elmer’s glue. Conditions weren’t going to improve so I only skied one day. ACCOMMODATIONS: Tahoe Hostel right on Lake Tahoe (about 30 minutes from the mountain) .

Alta and Snowbird, Utah 102″ base of snow – 30-35 degrees F – cloudy and light snow Met up with Ian who was also doing the Mountain Collective resorts in a van. His Sprinter van is completely new and he has a toilet. Watched the Super Bowl in Elko NV and stupidly left after halftime and Tom Brady proceeded to have a huge overtime win. Snowboarding is banned from Alta. Had some fresh powder both days. Also bought used powder skis and poles for 100 dollars. Alta was my favorite – lots of steep, fast runs. Overall a small mountain. Snowbird had either extreme steeps or moderate, blue runs – almost scary at times.It was fun under the Peruvian lift. There was a Rebel Wilson sighting (Fat Amy from the movie, Pitch Perfect) at Snowbird (sorry – no picture evidence). ACCOMMODATIONS: Walmart Parking lot in Sandy, Utah – next to an Anytime Fitness, Starbucks, and 5 minutes from the Ski Bus shuttle up to the mountains.

Sun Valley, Idaho 146″ base of snow – 25-30 degrees F – cloudy and light snow Definitely one of the richest and nicest resorts ever. Excellent groomers and caught some powder the 2nd day. Would love to come back on a powder day! ACCOMMODATIONS: Stayed in an AirBnB since it was damn cold at night and parking wasn’t allowed on streets due to plowing.

Whistler, BC, Canada 101″ base of snow – 30-35 degrees F – clear and no wind Crossed the border in one hour including a secondary stop and thorough search of my van. Whistler/Blackcomb was overwhelming big – there were so many runs and wide open terrain to ski that I didn’t know what to ski. I skied Whistler mountain in the morning and then took the peak-2-peak tram to Blackcomb for the afternoon. Whatever type of terrain your heart desired, they could provide it. I was there on a weekday (albeit a Spring Break weekday) and 20,000 people were skiing which would crush any other mountain. Watch out in 2017/2018 when Whistler is on the Vail Resorts Epic pass – this place is going to be mobbed. ACCOMMODATIONS: Parked in the driveway of a heli guide in town.

Revelstoke, BC, Canada 99″ base of snow – 25-30 degrees F – cloudy and heavy snow I arrived in Revi on a Sunday and I waited for a few days since powder was in the forecast. I skied two days of fluffy deep powder on the biggest vertical of any North American ski resorts (almost 8000 feet). Only 3 lifts and 1 gondola service the whole mountain and there is a fair bit of traversing needed to access the whole mountain. This was easily my favorite mountain on this ski trip (fresh powder doesn’t hurt either!). Met two cool Aussies (Harleyand Benny). Will definitely come back in the summer. Revi is a hidden gem. ACCOMMODATIONS: Stayed in the Samesun hostel in town (about a 10 minute drive to the mountain).

Banff, Alberta, Canada (Lake Louise and Sunshine and Norquay) 78″ base of snow – 10-15 degrees F – cloudy and light snow Finished a great few days at Revi and said goodbye to the Aussies – Benny and Harley. I will hopefully visit Harley in Australia in the winter. I then drove over the most avalanche prone strecth of road in North America – 163 avalanche chutes and the Canadian military drives around and shoots a huge howitzer gun at the tops of the cliffs to cause avalanches. As I was driving through a tunnel an avalanche was going over the top of me! Amazingly, even though it was snowing heavily, the roads were fine. The town of Banff is magical and beautiful at night. I followed the storm that came from Revi and I skiied some deep powder in the back bowls of Lake Louise.

Switched hostels to HI apline center and it had a commercial kitchen which was awesome! I skied Sunshine which was OK since some parts of the slopes were very flat but I found some good steep stuff later in the day. Locals told me about Toonie day ($2 to ski) at Norquay and warned me about the Jerrys. I went there and skied for 2 hours and then got the hell out since no one knew how to ski! I wasn’t skiing – I was avoiding other skiers. ACCOMMODATIONS: Stayed in 2 different hostels – HI Alpine and Samesun in Banff. Both were great places to stay. About a 40 minute drive to Lake Louise and a 20 minute drive to Sunshine.

Jackson Hole, Wyoming 157″ base of snow – 40-45 degrees F – clear and very warm Stayed overnight in Bozeman where it was considerably warmer than the -10 F degrees in Banff. Then drove the remaining time to Jackson Hole and arrived to 50 F degrees. I was bummed that it was so warm. Switched all of my ski gear to spring skiing. The 1st day was awesome – icy in the morning but it thawed and was great until 3pm. Jackson Hole is big mountain skiing and I only wish I could have skied it with fresh powder. The 2nd day was rough since it didn’t freeze overnight and was slushy. I skied only 3 hours. Met a cool German guy – Sebastian (who is a doing a 12 month road trip) and we had dinner. ACCOMMODATIONS: A rough, old hostel built back in the 1950s with the best location ever – ski in/out right at the base of the mountain!

Snowmass, Aspen, Colorado 78″ base of snow – 40-50 degrees F – clear and very warm Skied Snowmass – long, wide open runs. Most of the mountain is blues, very few green runs or catwalks. The bowls looked great for a powder day. I really enjoyed carving the long, blue runs. ACCOMMODATIONS: Parked at the Carbondale park and ride and the Intercept lot near Snowmass.

Telluride, Colorado 75″ base of snow – 30-35 degrees F – clear and big powder on the second day Skied the first day on a perfectly windless, clear day. Met an Aussie – Dane at the hostel, caught a ride up with him to the mountain the next morning and skied a crazy amount of powder on the second day (approximately 20 inches). My ski popped off on a run and went shooting down the slope and over a cliff. Luckily a tree branch caught it before it went off the cliff! ACCOMMODATIONS: Stayed at Old Mine Shaft Inn in Rico, CO (about 30 minutes outside of Telluride).

Taos, New Mexico 98″ base of snow – 25-35 degrees F – cloudy and snowy Hands down some of the best powder skiing of my life. It didn’t hurt to be riding with a semi-local (shoutout to Lucas) to show Dane and I where the prime hiking spots were to be found. We skied some fresh powder on so many runs – it was a great end to the road trip! ACCOMMODATIONS: Parked in the Taos ski parking lot on the mountain.

In total, I spent about $1250 on accommodations over 2.5 months and $780 in diesel fuel. I went into the ski road trip with very low expectations – I would be successful if I didn’t crash my van and didn’t break any bones. Luckily, neither of those things happened! Overall, this was one of the most fun road trips of my life – obviously the skiing was great but the people that I met and connected with along the way were what made this road trip really special.

from Mountain Collective Road Trip Wrapup

[andreagillmer]

American Pacific Mining Drilling Tuscarora Gold Project

Source: Bob Moriarty for Streetwise Reports   05/03/2018

Bob Moriarty of 321 Gold profiles a company that has taken over a high-grade gold exploration project from Novo Resources.

In 2014 my favorite gold junior, Novo Resources Corp. (NVO:TSX.V; NSRPF:OTCQX), did a deal on a small project in Nevada named Tuscarora with some barn burning historic results. Naturally since the main focus was on Western Australia in 2016 when Novo announced high-grade bonanza results such as 143.5 g/t over 1.52 meters, the market only yawned.

Novo didn't pay much for the project and since it took attention and resources away from their primary focus, when the opportunity came up to vend it into a new junior and recover 100% of their costs, Quinton took it. In November of 2017 announced a deal with American Pacific Mining Corp. (USGD:CSE).

The terms call for American Pacific to pay Novo $375,000 and to issue $200,000 worth of shares spread over three years and to expend $100,000 each year in exploration. There was an existing 2-4% NSR on the 24 unpatented mining claims in Elko County. Novo added an additional 0.5% payable to themselves.

It's always nice to drill a home run hole with 143.5 g/t gold grade but even better when you can pick up such a project essentially for peanuts after someone else already found the vein system for you. In 1995 Quinton Hennigh was working for Newcrest when they drilled the Navajo vein at Tuscarora. They reported 30 g/t gold for 1.5 meters, 182 g/t gold at 1.5 meters and 51 g/t gold at 1.5 meters. In the East Pediment vein Newcrest reported 28.2 g/t Au for three meters and 4.6 g/t Ai for 1.5 meters.

When Novo drilled in 2016 they hit the bonanza hit of 143.5 g/t over 1.5 meters and 21.5 g/t Au over 1.5 meters. American Pacific got their drill permit for Tuscarora on the 17th of April and began phase 1 of a planned 19 hole program as the drills began turning. Their plan is to complete 10-12 holes, check the results when the assays come in and then complete the program.

We know from past results from both Newcrest and Novo that there are multiple bonanza grade veins at Tuscarora. Novo didn't have the bandwidth to focus on the project. American Pacific has three million dollars in the bank and can focus. When results come in, I expect a revaluation of the shares.

As of now the company has a market cap of about $10 million CAD. There are warrants outstanding at $0.35 that can be accelerated at $0.50 that will bring in enough money for a follow up drill program.

If you think gold mining companies have value and will go up as gold goes up, American Pacific is a really easy to understand story. It's a Quinton Hennigh project with 23 years of his thinking about it. Novo didn't have the bandwidth to do Tuscarora right so they vended it to a new company run by people Quinton is comfortable with. They know where the veins are, they need to define a minable resource and either vend it out to a major or mid-tier or put it into production themselves.

With another 5,000 meters of drilling planned I would expect American Pacific to start planning on a 43-101 resource. They need 1-2 million of a high-grade resource to be taken seriously and frankly I wouldn't even guess what they might have. But when you are dealing with 1.5 meters width of ounce-plus material you can figure out the strike length and depth and do a back of the envelope calculation.

Look for results to start coming out in six weeks or so. The stock could be explosive especially if the summer rally has started.

American Pacific is an advertiser and I have participated in two private placements. I know the management well and like them a lot. They did a good deal on the project and are in a perfect position to move this significantly forward. I am biased so do your own due diligence.

American Pacific Mining USGD-C $0.355 (May 03, 2018) USGDF-OTCBB 32.6 million shares American Pacific website.

Bob and Barb Moriarty brought 321gold.com to the Internet almost 16 years ago. They later added 321energy.com to cover oil, natural gas, gasoline, coal, solar, wind and nuclear energy. Both sites feature articles, editorial opinions, pricing figures and updates on current events affecting both sectors. Previously, Moriarty was a Marine F-4B and O-1 pilot with more than 832 missions in Vietnam. He holds 14 international aviation records.

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Disclosure: 1) Bob Moriarty: I, or members of my immediate household or family, own shares of the following companies mentioned in this article: American Pacific and Novo Resources. American Pacific and Novo Resources advertisers on 321 Gold. I determined which companies would be included in this article based on my research and understanding of the sector. 2) The following companies mentioned are billboard sponsors of Streetwise Reports: None. Click here for important disclosures about sponsor fees. 3) Statements and opinions expressed are the opinions of the author and not of Streetwise Reports or its officers. The author is wholly responsible for the validity of the statements. The author was not paid by Streetwise Reports for this article. Streetwise Reports was not paid by the author to publish or syndicate this article. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. Streetwise Reports requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Streetwise Reports relies upon the authors to accurately provide this information and Streetwise Reports has no means of verifying its accuracy. 4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports. 5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article, until one week after the publication of the interview or article. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of American Pacific, a company mentioned in this article.

Photos courtesy of the author.

( Companies Mentioned: USGD:CSE, NVO:TSX.V; NSRPF:OTCQX, )

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