Falcon Gold $FG TSX.V Closes First Tranche of Private Placement

Falcon has closed a first tranche of the previously announced $600,000 private placement for gross proceeds of $191,225 and issued 2,549,666 Units priced at $0.075 per Unit. Each Unit is one common share and 1/2 warrant, priced at $0.10 per share for the first 12 months or at a price of $0.20 per share for… Continue reading Falcon Gold $FG TSX.V Closes First Tranche of Private Placement

Metanor $MTO TSX.V Adds to Last Press Release

Metanor adds the following details to the press release dated May 22nd, 2015 in connection with the March 31st quarterly financial results, which showed a net earning due to cash cost being reduced to $849 US per ounce: Metanor now has: — $4.4M in its bank account and 785 oz of gold stored at the… Continue reading Metanor $MTO TSX.V Adds to Last Press Release

PDAC 2015 in Toronto Canada

Although the attendance was down from last year’s PDAC, the quality of companies exhibiting and the attendees were of significance. Grizzly Discoveries (TSX.V-GZD) has three assets and all three were of interest to investors. Representatives from numerous mid-tier to major mining companies were inquiring about the gold/copper/silver BC properties given the politically stable jurisdiction and… Continue reading PDAC 2015 in Toronto Canada

Metanor Resources Reports its Financial Results for the Quarter Ended December 31, 2014

Metanor Resources – TSX.V-MTO – has reported its financial results for the quarter ended December 31st 2014 (Q2). Metanor’s quarterly financial statements and accompanying notes and the related Management’s Discussion and Analysis (MD&A) can be found at www.metanor.ca or on SEDAR www.sedar.com. Q2 Highlights * Gold sales of 9,055 ounces; * Gold production of 8,332… Continue reading Metanor Resources Reports its Financial Results for the Quarter Ended December 31, 2014

Metanor MTO.V Produced 3,425 Ounces of Gold During the Month of January

Metanor Resources (TSX.V-MTO) produced 3,425 ounces of gold during the month of January, 2015. A total of 21,413 tonnes of ore, at a feed grade of 5.18 g/t were processed during the month with a 96.1% recovery rate.

Metanor MTO.V Reports Financials for Q4 and Year Ended June 30, 2014

Metanor Resources TSX.V-MTO released its financial results for the quarter and year ended June 30, 2014. Below are Q4 2014 Highlights:   Q4 2014 Highlights * Gold sales of 12,468 ounces on gold production of 13,083 ounces. * Total of $16,523,725 in revenues from gold sales. * Net Income of $ 1,078,441 for the quarter.… Continue reading Metanor MTO.V Reports Financials for Q4 and Year Ended June 30, 2014

Falcon Gold FG.V Updates 2014 Activities and Outlines Work Programs for Nevada and Washington Properties

Falcon finalized the New York Canyon Nevada copper project agreement and completed all required payments pursuant to the transaction in August and closed the final tranche of an over-subscribed $706,000 financing. To date, 188 drill holes totaling approximately 128,000 feet have been completed on the New York Canyon copper property. Much of the historical drill… Continue reading Falcon Gold FG.V Updates 2014 Activities and Outlines Work Programs for Nevada and Washington Properties

Metanor MTO Intersected 25.80 g/t Gold Over 5.6 m at Barry

Results from the drilling campaign carried out in 2013-2014 on the Barry property discovered several new gold zones. Metanor’s exploration campaign of 38 DD holes totaled 12,197 m on the Barry property was to investigate some of the 153 new induced polarization (IP) anomalies detected on the entire property during surveys conducted between 2009 and… Continue reading Metanor MTO Intersected 25.80 g/t Gold Over 5.6 m at Barry

Metanor CVE:MTO Reaches 50,000 oz/Au Production Threshold over a 12 Month Period

Metanor Resources (TSX.V-MTO) has produced over 50,157 ounces of gold over the last twelve month period. Ghislain Morin, CEO, stated: “This represents a significant milestone for Metanor as gold production is steadily increasing and, reaching the 50,000 oz/Au production threshold, over a 12 month period, was an important objective for Metanor.” Serge Roy, Exec. Chairman,… Continue reading Metanor CVE:MTO Reaches 50,000 oz/Au Production Threshold over a 12 Month Period

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