#DEEPSOUTH #DSM #DSMTF #100%-COPPER #FULLY-FUNDED
The #copper #bullrun could be just beginning, according to investment research firm CFRA, as Chinese demand, the push toward decarbonization and South American supply risks converge. Copper has been trading near all-time highs in recent weeks and, after slipping on a warning from China over speculation earlier this week, prices picked up again on Tuesday. In a note to investors Friday, CFRA argued it remains #bullish on the red metal, echoing the likes of #BankofAmerica and #GoldmanSachs, which recently characterized copper as "the new oil" and projected a multi-year #bullmarket fueled by a surge in green capital expenditure and a dearth of mining projects. CFRA suggested the copper bull run might be in the "early to middle innings," with significantly #moreupside potential. Taking this into account, Equity Research Analyst Matthew Miller picked four stocks poised to outperform their peers and the broader market as a result of the rally.
https://youtu.be/oy-LhInHZvw

Deep-South Resources (DSM) - Targeting Large Copper Resource by Q4/21

Interview with Pierre Léveillé, President & CEO of Deep-South Resources (TSX-V: DSM)
The Haib project is a large, low grade project which produced a robust PEA in December and Deep-South is now drilling the high grade section of the deposit.
They have found high grade zones which will go towards a PFS in 2022 and a new resource estimate in October ‘21.
Deep-South is also resuming heap leach testing which has been very successful so far.
The company produced some good drill results in May and have completed 66,000m of drilling with another 10,000m of further in-fill drilling needed for the PFS.
Between now and the PFS coming out in early 2022, the company is fully funded, after which they will need to raise C$5-7m to fund a further 20-25,000m drill program.
The first goal for Deep-South is to improve the grade and the second goal is to improve the tonnage of the deposit with extra drilling to add value and transform the deposit into a serious Copper project for the future.
With the current electrification and Copper thematic, it is good timing for Copper companies and Deep-South is busy drilling now until mid-July and will have results coming out until mid-August.
The company is also undertaking a scoping study at the project which is looking at alternative power, water usage, future impact study and assess the leach pad.
Deep-South has a busy result driven 9 month period ahead and will be releasing news and results from their activities between now and the end of the year.

https://www.youtube.com/watch?v=74NM0iqnvww

SMOOTH ROCK VENTURE
TSX.V: SOCK OTC: SMRVF

HTTPS://SMOOTHROCKVENTURES.COM/

https://youtu.be/0Vk3491WXfo

THE FLAGSHIP: PALMETTO GOLD PROJECT
Smooth Rock Venture provides an update on the Company’s Palmetto Project, Esmeralda county, Nevada, USA. As part of the acquisition of the Palmetto Project, the Company took possession of: 1) all privately held hard copy: reports, drill logs, surveys, and other irreplaceable project records; 2) all historic geological, geophysical, and geochemical maps; 3) historic RC drill chips; 4) historic diamond drill core; 5) sample rejects; and 6) digital archive of all documents directly related to historical work on the property; 7) a 3D model. The 3D model gives a first-ever detailed view of the extent of the known mineralization.

This model also gives the Company a significant advantage planning future drilling and exploration, potentially increasing the mineralization and possibly establishing a resource. Given the availability of all exploration records and the preservation of drill core and RC chips, the previous owner ML Gold did produce a first-ever resource estimate on the project by re-confirming certain results from historic drilling.

Smooth Rock's field crews have completed a detailed ground land survey of the Palmetto claim blocks. Field crews have successfully located most of the historical drill holes completed by the previous operators of the exploration programs on the Project. The land survey was conducted with a Trimble Pro XRT2 L1/L2 GPS receiver capable of accuracies within 10 centimeters (4 inches).

The data from the ground survey is now being used in compilation with the 3D modeling data from the historic resource estimation completed by WSP Canada Inc. ("WSP") (Palmetto Resource Estimation and Technical Report, April 26, 2018). Smooth Rock's geologists are presently determining drill hole collar locations for the upcoming drill program at Palmetto.

History of the Palmetto Project

Smooth Rock owns a 100% undivided interest in the Palmetto Project and is subject to no outstanding royalties. The Palmetto Project consists of 116 unpatented mining claims totalling 2217 acres located in Esmeralda County, Nevada, within the southern portion of the Walker Lane gold trend.

The Palmetto Gold Project has had significant exploration work completed to date by Newmont Gold, Phelps Dodge Corp, Cambior Inc., Romarco Minerals, Curran Corp., Amselco Minerals, Escape Gold Group Inc. and most recently by ML Gold Corp. To date, 173 drill holes totaling 43,940 meters have been completed on several targets within the Project. The initial "Discovery Hole" in 1988, was drilled by Phelps Dodge and bonanza gold silver veins were subsequently drilled by Romarco Minerals in 1997-2002.

The current mineral resource statement was updated by WSP to reflect a change in gold pricing and an adjustment in the mining costs in the generation of the constraining pit shells. The model and estimation were reviewed, repeated and prepared by WSP's author and independent qualified person, Todd McCracken, P.Geo. (Palmetto Resource Estimation and Technical Report, October 20, 2020).

The below table summarizes the pit constrained resource estimation at the 0.15 g/t gold cut-off and remaining underground resource estimation at the 2.0 g/t gold cut-off.
Classification Tonnes (000's) Aug/t Agg/t Auoz. Agoz.
Inferred (Pit) 9,397 0.93 6.38 281,581 1,926,652
Inferred (U/G) 170 2.76 17.51 11,114 95,926
Total Inferred 9,567 0.96 6.58 296,695 2,022,578

The above mineral resource estimation was completed using NI 43-101 standards of practice and classified as an inferred resource. The drilling was done by the previous owners of the Property form the basis for the resource estimation. Mineral solids were interpreted using the geology, structure, alteration, and grades. A total of 10 mineral solids in 4 mineral domains have been defined in the resource model. Drill hole sample intervals within each solid were assessed for grade capping and composited to 1.5 m intervals. The block model was estimated using ordinary kriging. Pit shells were constrained using US$1,500/ounce gold price and US$2/tonne mining cost and US$5/tonnes processed (heap leach), 80% gold recovery and 52% silver recovery.
Current exploration program

There are several additional mineralized zones hosting significant grades within close proximity to the inferred resource zones. These zones have yet to be included in the resource estimate due to drilling density. Smooth Rock sees these areas having immediate potential to significantly increase the overall resource on the Palmetto gold project by increasing the drilling density between mineralized shells. Evidence suggests that there is significant potential to expand the resource in multiple directions.

Deep-South Resources appoints Bellange as adviser

2021-05-20 11:42 ET - News Release

Mr. Pierre Leveille reports

DEEP-SOUTH APPOINTS DR MARTINEZ BELLANGE AS SPECIAL ADVISOR ON BIO LEACHING

Deep-South Resources Inc. has appointed Dr. Patricio Martinez Bellange as a special adviser on bio-assisted leaching and mining. Dr. Bellange was a director of hydrometallurgical and biotechnological processes at CodelcoTech, a technological subsidiary of Codelco, the largest copper mining company in the world.

Dr. Bellange stated, "I am pleased to join Deep-South and have the opportunity to work with Deep-South's team on the development of this great project".

Pierre Leveille, president and chief executive officer of Deep-South, stated: "We are delighted to welcome Dr. Martinez to advance the development of the Haib copper project. His vast expertise and experience in bio leaching and bio mining is a great addition to our team and without any doubt will be a great benefit to the company as we advance the development of the project."

Dr. Bellange is a biologist with a doctorate in biological sciences. He has been involved in the research and development of the next generation bio leaching technology used by Codelco. He has also been executive director of the sustainable tailings program of Corfo, which is partially financed by Codelco. The program was focused on bio technological recovery of value elements from secondary resources. He is a former industrial researcher and project manager at BioSigma S.A., a joint venture where he participated in the research and development of the bio leaching first technology used by Codelco. Dr. Bellange has been involved in other research programs on bio leaching of low-grade sulphides. During his career he authored or co-authored 12 scientific publications. He has been co-author of one book on the study of Acidophiles and one book on Biomining, which is soon to be published. Dr. Bellange has also been the author of five patents related to biotechnology and bio leaching process technologies. He has served five research stays in universities in the United States, France and Japan. Dr. Bellange holds a bachelor in biology from the Catholic University of Valparaiso in Chile, a PhD in biological sciences from the Pontifical Catholic University of Chile and a diploma in management of innovation and technology from the University of Notre Dame in Indiana, U.S., as well as the University Alberto Hurtado in Santiago, Chile. Dr. Bellange is currently a visiting professor in the international master of science in sustainable and innovative natural resource management at Freiberg University in Germany.

About Deep-South Resources Inc.

Deep-South Resources is a mineral exploration and development company. Deep-South holds 100 per cent of the Haib copper deposit in the south of Namibia. Haib is one of the largest undeveloped copper deposits in Africa.

The recent preliminary economic assessment showed that at a price of copper of $3.00 per pound generates an after-tax NPV of $950-million and an after-tax IRR of 30 per cent.

At $4.00/lb, it generates an after-tax NPV of $1.65-billion and an after-tax IRR of 42 per cent.

Deep-South growth strategy is to focus on the exploration and development of quality assets in significant mineralized trends and close to infrastructures in stable countries. In using and assessing environmental friendly technologies in the development of its copper project, Deep-South embraces the green revolution.

We seek Safe Harbor.

© 2021 Canjex Publishing Ltd. All rights reserved.

Deep-South to Host Live Webinar on Monday, May 24th at 2pm ET

Vancouver, B.C., Canada – TheNewswire - May 18, 2021 – Deep-South Resources Inc. ("Deep-South" or “the Company") (TSXV:DSM) (OTC:DSMTF) today announced that Pierre Leveille, President & CEO, will be hosting a live investor webinar on Monday, May 24 th to go through the Company’s May investor presentation including an overview of current operations and upcoming milestones.
You can register for the webinar below:

Register : Webinar Registration

(http://7514767.hs-sites.com/www.rbmilestone.com/deepsouth_webinar_event-may24th-0?utm_source=hs_email&utm_medium=email&_hsenc=p2ANqtz-_ttGTsAXD1vjfTXn51_5WjIqjkmjg1E9VoYUg2niKom_VHB-PKcNAVKweAo4zMJXoo8ltd)

HAVE QUESTIONS? Management will be available to answer your questions following the presentation on the webinar platform. You may also submit your question(s) beforehand via email to deepsouth@rbmilestone.com

About Deep-South Resources Inc
Deep-South Resources is a mineral exploration and development company. Deep-South holds 100% of the Haib Copper deposit in the south of Namibia. Haib is one of the largest undeveloped copper deposits in Africa.
The recent preliminary economic assessment showed that at a price of copper of $3.00 / lb, it generates an after-tax NPV of $950 million and an after-tax IRR of 30%.

At $4.00 / lb, it generates an after-tax NPV of $1,650 million and an after-tax IRR of 42%. (See the press release here: https://www.deepsouthresources.com/investors/news-releases/deep-south-pea-update-returns-singnificantly-improved-economics/ )

https://smallcaps.us/deep-south-resources-inc-dsm/
COMPANY SNAPSHOT: DEEP-SOUTH RESOURCES INC (DSM)

Symbol (CA): DSM
Symbol (US): DSMTF
Symbol (GER): DSD
Website: www.deepsouthresources.com

Deep-South currently holds 100% of the Haib Copper project in Namibia, one of the largest copper porphyry deposits in Africa. A recent PEA shows that at a copper price of $3.50 per lb, Haib generates an after-tax NPV of US $ 1.3 billion and an after tax IRR of 42.1%.
• INITIAL ASSAY RESULTS FROM HAIB COPPER PROJECT CONFIRM HIGH EXPECTATIONS
• DEEP-SOUTH RESOURCES ADVANCES ON ALL FRONTS WHILE DRILLING AT THE HAIB COPPER PROJECT IS IN FULL SWING
• AMBITIOUS DRILL PROGRAM KICKS OFF IN NAMIBIA AS DEEP-SOUTH RESOURCES ADVANCES HAIB COPPER DEPOSIT
• INITIAL REPORT EXPLAINS WHY DEEP-SOUTH RESOURCES IS EXTREMELY UNDERVALUED COPPER PLAY
• INTERVIEW WITH DEEP-SOUTH RESOURCES CEO REVEALS MASSIVE POTENTIAL IN COPPER SPACE

Copper Prices 2021 Outlook I Why Are Copper Prices Rising?

Could copper become one of the best trades of 2021? In this video we’ll look at why copper prices are rising and go over the latest copper news influencing copper prices with where we are at the end of April 2021.
Up massively year to date, the copper prices chart has shown a steady increase and the copper market is on the verge of hitting price levels not seen in nearly 10 years. Is it only up from here, or will this bull market experience the wrath of the bears in the near future? Stay until the end of this copper price outlook 2021, as we’ll be going over the latest copper price predictions with a look into the copper prices 2021 chart to give you everything you need to know about trading copper in 2021.
https://youtu.be/Pt13MxBbLY8

https://youtu.be/h9khU90INC0

Deep-South Resources (CVE: DSM-OTC: DSMTF) CEO Pierre Leveille joined Steve Darling from Proactive to bring news the company has released their first drill results from their current program at the Haib Copper project in southern Namibia.
Leveille telling Proactive they saw significant copper and molybdenum intersections with numbers like 0.47% CuEq over 152 metres, including 30 metres at 0.81% CuE and 0.65% CuEq over 36 metres, Leveille also told Proactive a change in the way drilling has been done in the past is being proven successful with these first results

DSM Advancing a World Class Copper Project to Feasibility Studies. Tier 1 project with strong economics for development. Haib Project Scratching the surface of a massive copper porphyry deposit in Namibia: Africa’s Premier Mining Jurisdiction

https://youtu.be/au6k_63WmJ8

RFR.CN / RFHRF

Smallcaps Recommendation: BUY.
Smallcaps.us Advice: Buy Price Target: $0.19

https://smallcaps.us/gold-keeps-on-coming-for-renforth-resources-and-its-parbec-project/?fbclid=IwAR2iwwnHvFBFI_wRUJ8wSPdvotPhcGTt9eM-6FJO5cSiWBI2j1RVB18ZANQ

GOLD KEEPS ON COMING FOR RENFORTH RESOURCES AND ITS PARBEC PROJECT

Renforth Resources Inc (CSE:RFR) (OTCQB:RFHRF) (FRA:9RR) CEO Nicole Brewster tells Proactive the group has reported results from the first hole of its 2021 program at the company's flagship Parbec open pit gold deposit in Quebec.
Brewster says the hole was a successful "twin" of another hole, supporting 1993 data, whose results were not used in last year's resource estimate. Brewster says the Parbec drill program was designed to fill in gaps within the existing deposit model, to test for the downdip extension of mineralized zones and to twin holes drilled between 1986 and 1993 to allow the assay results from those 62 holes to be used in the 2021 resource estimate, which is expected to be completed in June or July this year.

https://youtu.be/7lY0a9320YE

Flagship Palmetto gold open pit in Esmeralda County
340K Au oz + 2,000,000Ag oz all 43-101

https://youtu.be/0Vk3491WXfo

https://youtu.be/h9khU90INC0

https://youtu.be/ucyuHErDPOk

https://youtu.be/yBplHQhuyyM