Falcon Gold Corp. (TSXV:FG) announces that it has closed a first tranche of its previously announced non-brokered private placement, for 7,680,000 Units priced at $0.05 for total gross proceeds of $384,000. Each Unit consists of one common share and one 2 year warrant. Each warrant will be exercisable for one common share at $0.10 during… Continue reading Falcon Gold “TSX.V-FG” Closes $384,000 Private Placement
Tag: concentrates
Metanor “MTO” Produced 48,847 to Year End June 30 2014
For the fiscal year ending June 30th, the Bachelor Mine produced 48,847 ounces of gold compared to 23,021 ounces of gold for the previous year. This production performance exceeded the previous guidance of 45,000 ounces published April 9th, 2014. For the coming year, Metanor Resources (TSX.V-MTO) expects to produce 50,000 ounces of gold from its… Continue reading Metanor “MTO” Produced 48,847 to Year End June 30 2014
Grizzly “GZD” Shareholders Elect New Director and Provides Update on Memorandum of Understanding
Grizzly Discoveries Inc. (TSX-V: GZD; OTCQX: GZDIF) is pleased to announce that shareholders of the Company have elected Mr. Ray Wytinck of Manitoba as a Director of the Company at its annual general and special meeting of shareholders held on June 2, 2014. Joining re-elected incumbent Directors Messrs. Brian Testo, Doug Turnbull, Sam Pillersdorf, and… Continue reading Grizzly “GZD” Shareholders Elect New Director and Provides Update on Memorandum of Understanding
Balmoral “BAR” Confirms High-Grade Ni-Cu-PGE Mineralization Over 45.28 m on New Horizon, Grasset Property, Detour Trend, Quebec
Balmoral confirmed the discovery of high-grade nickel-copper-PGE mineralization associated with the previously highlighted (see NR14-09, April 30, 2014) net textured sulphide zone in hole GR-14-25. The net textured zone, one of four mineralized intervals in the hole, returned a near surface intercept of 1.79% nickel, 0.19% copper, 0.42 g/t platinum and 1.04 g/t palladium over… Continue reading Balmoral “BAR” Confirms High-Grade Ni-Cu-PGE Mineralization Over 45.28 m on New Horizon, Grasset Property, Detour Trend, Quebec
Balmoral “BAR” Intersects 1,138 g/t (33 oz/ton) Gold Over 4.87 m, Bug Lake Footwall Zone, Detour Gold Trend Project, Quebec
Balmoral Resources TSX “BAR” Intersects 1,138 g/t (33 oz/ton) Gold Over 4.87m, Bug Lake Footwall Zone, Detour Gold Trend Project, Quebec Extends Bug Lake Zone to 400 metres vertical depth, high grade intercept of 8.25 g/t gold over 14.53 metres Intersects 9.35 g/t over 5.17 metres – new high-grade “steep” section, south extension… Continue reading Balmoral “BAR” Intersects 1,138 g/t (33 oz/ton) Gold Over 4.87 m, Bug Lake Footwall Zone, Detour Gold Trend Project, Quebec
Metanor CVE:MTO Produces 4,380 oz Gold in March
Metanor “TSX.V-MTO” produced 12,641 ounces of gold during the quarter ending March 31, 2014 and 4,380 ounces in March. A total of 20,478 tonnes of ore at a feed grade of 6.85 g/t were processed in March with a 97.1% recovery rate. For the quarter ended March 31, 2014, a total of 60,497 tonnes of… Continue reading Metanor CVE:MTO Produces 4,380 oz Gold in March
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
Junior Mining Firm Dreaming of Alberta Potash Industry-Grizzly Discoveries
“My dream is that we hit potash and we get a new industry for Alberta, we make our shareholders a ton of money, we create jobs, create wealth for people, and feed the world.” Brian (Griz) Testo said in an interview with the Edmonton Journal Link to entire article.
Grizzly Discoveries “GZD” Enters Into Memorandum of Understanding on Alberta Potash Project
Grizzly Discoveries TSX.V-GZD entered into a memorandum of understanding (“MOU”) with an unrelated third party as an initial step towards a proposed $15Million investment by the Interested Party to advance the Company’s Alberta Potash Project. The Interested Party will review all data and information pertaining to the Alberta Potash Project, with particular focus on the… Continue reading Grizzly Discoveries “GZD” Enters Into Memorandum of Understanding on Alberta Potash Project
Grizzly CVE:GZD Continues Re-Evaluation of Copper Porphyry at Greenwood: Sappho Prospect
Grizzly Discoveries CVE:GZD has now reinterpreted 2010 drill results from the Sappho prospect by incorporating coincident gold, silver, and platinum group elements (“PGE”) with copper intersected in our drillholes. This reinterpretation has returned results which are favourable to a copper porphyry deposit model at the Sappho prospect, with assay results yielding a wide anomalous interval… Continue reading Grizzly CVE:GZD Continues Re-Evaluation of Copper Porphyry at Greenwood: Sappho Prospect