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: copper
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
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
Metanor “MTO” Produces 4,028 oz Gold in January/4,234 oz Gold in February
Metanor Resources (TSX.V-MTO) produced 4,234 ounces of gold during the month of February at its Bachelor Mine. A total of 18,612 tonnes of ore at a feed grade of 7.31 g/t was processed with a 96.8% recovery rate. The Company announced production of 4,028 ounces of gold during the month of January from a total… Continue reading Metanor “MTO” Produces 4,028 oz Gold in January/4,234 oz Gold in February
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
Grizzly CVE:GZD Re-Evaluates Copper Porphyry Potential at Dayton Prospect
Grizzly Discoveries CVE:GZD has been focussed on target selection at its approximately 90,000 ha Greenwood Property, with a goal of discovering deposits with near-term resource-definition potential. In addition to the selection of the Ket 28 as a high priority high grade gold target, as previously announced (see the Company’s news releases dated October 10, 2013… Continue reading Grizzly CVE:GZD Re-Evaluates Copper Porphyry Potential at Dayton Prospect
Lawrence Roulston Initiates Coverage on Metanor (CVE:MTO)
Lawrence Roulston initiated coverage on Metanor Resources (CVE: MTO) on February 3rd, 2014. Quote: “The ultimate potential from the Bachelor Lake mine is much larger, as the company continues to explore that deposit, located in a highly prolific gold producing region.” Quote: “Time will tell if Metanor is to be taken over by another company,… Continue reading Lawrence Roulston Initiates Coverage on Metanor (CVE:MTO)
Metanor Resources produces 4,154 ounces Gold for the month of November
Below is an exerpt from Sector Newswire article: http://sectornewswire.com/release121313mto.htm — Mining expert Jay Taylor of Hard Money Advisors recommends Metanor to clientele NEW YORK, NY, December 13, 2013 /Sector Newswire/ – Metanor Resources Inc. (TSX-V: MTO) (US Listing: MEAOF) (Frankfurt: M3R) has had two news releases of significance this week regarding achievements at its… Continue reading Metanor Resources produces 4,154 ounces Gold for the month of November