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
Tag: equity
The Grizzly (GZD) Crew is Busy Drilling and Exploring at Greenwood Gold Project, BC
I just returned from a site visit with the Grizzly (GZD) exploration team in the Greenwood area, British Columbia. It’s hard to state specifically as the company holds mineral claims of 225,000 contiguous acres up in this area which spans across both sides of the #3 Crowsnest Highway. The drill is turning on the Ket… Continue reading The Grizzly (GZD) Crew is Busy Drilling and Exploring at Greenwood Gold Project, BC
Grizzly (GZD) Commences Fall Drilling Program at Greenwood Gold Project
Grizzly (TSX.V-GZD) commenced drilling on the Ket 28 property which will include a total of three follow-up drill holes. Drilling during 2009 at the Ket 28 property yielded up to 11.9 g/t gold over 2.0 metres and 2.77 g/t gold over 11.0 metres. Follow-up drilling is also planned for the Prince of Wales target at… Continue reading Grizzly (GZD) Commences Fall Drilling Program at Greenwood Gold Project
Grizzly Completes Stage 1 Drilling at Greenwood Gold Project
Grizzly Discoveries has completed the Stage 1 drilling program of 1,590 meters in 11 drill holes at their Greenwood Gold Project, Greenwood, BC. The program commenced late June and was completed in early August. Approximately 950 m in 7 drill holes were completed on gold targets at the Copper Mountain area north of Midway. About… Continue reading Grizzly Completes Stage 1 Drilling at Greenwood Gold Project
Visit to Greenwood Project, Greenwood, BC
Last week I visited Greenwood, British Columbia and had the pleasure of getting a personal tour by Griz to a few of the many drill targets at Grizzly’s Greenwood project. To say the least, this is a massive 225,000 contiguous acre project and a bit overwhelming to try to grasp the span of land that… Continue reading Visit to Greenwood Project, Greenwood, BC
Grizzly Increases Exploration Budget/Closes 2nd Tranche of PP
Grizzly Discoveries (TSX.V-GZD) has increased the planned exploration program budget for the 2010 season for Grizzly’s Greenwood Gold project of up to $2 million. This increases the drilling program to approximately 3,500 metres. Drilling commenced late June at the Copper Mountain target and are drilling continually on numerous other targets. Other targets at the Motherlode… Continue reading Grizzly Increases Exploration Budget/Closes 2nd Tranche of PP
Grizzly Discoveries Closes 1st Tranche of Private Placement
Grizzly announced a non-brokered private placement of 3,196,595 non flow- through units at $0.30 per unit and 1,400,000 flow-through units at $0.35 per unit for gross proceeds of $1,448,978.50. (Amazing that the insiders did this financing at a 20% premium to the market price!!) Subject to TSX approval, Grizzly will close on an additional $230,021.40… Continue reading Grizzly Discoveries Closes 1st Tranche of Private Placement
Andean American Announces US$8 Million Bridge Loan and Gold Offtake Agreement
Andean American Mining (TSX.V-AAG) has announced an agreement with a prominent metals trader to further advance the Invicta project. The agreement is to provide a Bridge Facility in exchange for the right to buy gold and silver production from the Invicta Mine. The Facility is for US $8 million and should close June 1, 2010… Continue reading Andean American Announces US$8 Million Bridge Loan and Gold Offtake Agreement
IR Pro to Attend May 1st 2010 Intnl Asian Investment Forum Presenting Grizzly Discoveries and Andean American Mining
IR Pro Communications will be at the 2010 International Asian Investment Forum being held on Saturday, May 1st at the Sheraton Airport Hotel in Richmond, B.C. The IAIF hours are 10:00 am to 5:00 pm. We will be representing Grizzly Discoveries and Andean American Mining. I will provide further information once a booth number has… Continue reading IR Pro to Attend May 1st 2010 Intnl Asian Investment Forum Presenting Grizzly Discoveries and Andean American Mining
Andean American Partners with Trafigura
Great news today with Andean American. Trafigura has taken an equity investment in the amount of $3,000,000 and has long term off-take agreements for the sale of the Invicta project’s copper, lead and zinc concentrates. The Company and Trafigura also intend to negotiate a project finance, cost overrun and working capital facility for up to… Continue reading Andean American Partners with Trafigura