Coral Gold has entered into a purchase and sale agreement with Barrick Cortez for the sale of the Robertson Property in Lander County, Nevada in the amount of US$15.75 million (Cdn $20.17 million). Barrick will return 4,150,000 shares of Coral held by them for cancellation by the company. Coral will retain an NSR on the… Continue reading #Barrick Purchases #Coral #Gold Robertson Property in #Nevada
Category: Coral Gold Resources
Coral Announces Barrick Has Completed 2nd Hole of Drilling at Gold Ridge Property, Nevada
Barrick has now completed the second hole of the 2014 diamond core hole drill program on the Gold Ridge property located in Crescent Valley, Nevada. With the second hole now complete, the drill rig has been moved and has started on the third hole. Barrick is targeting Carlin-type mineralization in the lower plate which hosts… Continue reading Coral Announces Barrick Has Completed 2nd Hole of Drilling at Gold Ridge Property, Nevada
Coral Gold “TSXV.CLH” Announces that Barrick has Completed the First Drill Hole on Gold Ridge, Nevada
Barrick has completed the first hole of the 2014 diamond core hole drill program on Coral Gold Resources Ltd.’s Gold Ridge property located in Crescent Valley, Nevada. With the first hole now complete, the drill rig has been moved and has started on the second hole. The Gold Ridge claims are separate and adjacent to… Continue reading Coral Gold “TSXV.CLH” Announces that Barrick has Completed the First Drill Hole on Gold Ridge, Nevada
Coral Gold “CLH” Enters Into Option & JV Agreement & Private Placement with Barrick
Coral Gold (TSX.V-CLH) (OTCBB: CLHRF) entered into an agreement with Barrick Gold Exploration to earn up to an undivided 60% interest in Coral’s Gold Ridge property in Nevada in consideration for Barrick Gold incurring US$12million in exploration expenditures over a five year period. Barrick’s 25-person Goldrush Discovery Team was recently received the Thayer Lindsay Award… Continue reading Coral Gold “CLH” Enters Into Option & JV Agreement & Private Placement with Barrick
Coral “CLH” Announces Initial Results from Spring Drill Program
Coral was permitted to drill 13 holes on the Porphyry gold zone at the Robertson property, Nevada. Holes CC12-2 and 3 were the first holes received, both with significantly higher gold values than the corresponding twinned Amax RC holes. CC12-2 intersected 395 feet grading 0.836 g/t gold and CC12-3 intersected 465 feet grading 0.441 g/t… Continue reading Coral “CLH” Announces Initial Results from Spring Drill Program
Coral Gold “CLH” Prepares for Spring Drilling at Robertson
Coral Gold “TSX.V-CLH” “OTC.BB:-CLHRF” has commenced drill pad and road construction for its spring drill program at Coral’s Robertson property, Crescent Valley, Nevada. Coral has a permit to drill on the porphyry gold zone. The program will consist of diamond core drill holes that will twin original reverse circulation holes and provide core for leach… Continue reading Coral Gold “CLH” Prepares for Spring Drilling at Robertson
Coral Gold “CLH” Receives Positive PEA/NPV $358-Million for Robertson Project, Nevada
Coral Gold “TSX.V-CLH” has received a Preliminary Economic Assessment “PEA” on three of its gold deposits located on the Robertson Property located 60 miles south of Elko, Nevada. The results of the evaluation are as follows: Est. inferred resources at a cut-off of 0.005 oz Au/t: 78.2 million tons grading 0.0138 oz Au/t In situ… Continue reading Coral Gold “CLH” Receives Positive PEA/NPV $358-Million for Robertson Project, Nevada
Coral Gold and Others Stand to Gain from Barrick Win
Matthew Zylstra, Analyst at Northern Securities did a Research Note which included Coral Gold (TSX.V-CLH) – below is an excerpt.
Coral Gold “CLH” Drills 1.52M of 6.24 g/t Gold at Robertson
Coral announced the results from the final five diamond core holes drilled at Coral’s Robertson property in Crescent Valley, Nevada. These holes were part of a 15-hole diamond core program. Highlights of these were 5 feet grading 6.24 g/t gold and 15 feet grading 3.63 g/t gold. The program was designed to twin 2008 reverse-circulation… Continue reading Coral Gold “CLH” Drills 1.52M of 6.24 g/t Gold at Robertson
Coral Gold “CLH” to Complete Robertson Testwork, PEA
Coral Gold (TSX.V-CLH) (OTC:BB-CLHRF) remains focused on the following key objectives: 1. Move Robertson towards production 2. Upgrade the property’s inferred gold resource 3. Produce a Preliminary Economic Assessment (PEA) 4. Acquire permitting for further exploration on Robertson from the BLM With historically high gold prices many producers are looking at developing large bulk-tonnage deposits… Continue reading Coral Gold “CLH” to Complete Robertson Testwork, PEA