Metanor Resources Inc. (“Metanor”) (TSX – V: MTO) is providing an update on the development activities under way at its Bachelor project. Metanor produced 2,354 ounces of gold during the month of May. The ounces produced in May came from development ore and also some from stopes for a total of 16,685 tonnes of ore… Continue reading Metanor “MTO” Produces 2,354 Oz Gold & Intersects 5.58 g/t Gold over 21M
Tag: exploration
Grizzly Discoveries (TSX.V-GZD) Interview with COO Ian Lambert
Investing News Network has recently published the following interview with Grizzly Discoveries’ (TSX.V-GZD) COO, Ian Lambert. Interview with Ian Lambert – COO of Grizzly Discoveries
Quote from Caesars Report on GOLD
“This gold market is very interesting. Paper gold crashed but the demand for physical gold has never been so strong. VBCE Downtown Vancouver ran out of bullion EVERY day last week within the hour after opening (http://www.caesarsreport.com/blog/wheres-the-physical-gold-and-silver/ )… Premiums are going up, and even in Belgium it’s difficult to get your hands on LBMA-accepted bullion. Very interesting!”
Metanor Resources Inc.-TSX.V-MTO – Quebec’s newest gold producer
Metanor Resources is Quebec’s newest gold producer presently pouring gold bars at its flagship property Bachelor/Hewfran. Bachelor Lake is located 225 km northeast of Val-d’Or, Quebec. Bachelor produced 3,017 ozs of gold in February bringing the total production since July to 13,128 ozs of gold. The ounces produced in February come from 18,186 tonnes grading… Continue reading Metanor Resources Inc.-TSX.V-MTO – Quebec’s newest gold producer
Goldstrike “GSR” Closes $1.47 Million Private Placement
Goldstrike “GSR” announced that its non-brokered private placement completed on June 15 and has raised $1,477,875.30 by issuing the following: 750,000 units at the price of $0.75 per unit to raise gross proceeds of $562,500.00. Each unit is comprised of one flow-through common share and one non-flow-through common share, with $0.40 of the subscription price… Continue reading Goldstrike “GSR” Closes $1.47 Million Private Placement
Grizzly “GZD” Provides Corporate Update for First Half of 2012
Grizzly “GZD” has spent approximately $1.7 million in exploration on its potash and gold properties during 2012. On February 21, 2012, Grizzly announced resulted from a potash drill hole on their 100% owned South Medicine Hat Block which yielded weighted average grades of 2.62% K2O over 22.35 m for a thick low grade zone with… Continue reading Grizzly “GZD” Provides Corporate Update for First Half of 2012
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
Goldstrike “GSR”: New Gold Discovery Extends Yellow Giant Trend to 25km, Remains Open
Goldstrike “GSR” has discovered a new zone of gold mineralization in a newly staked extension to the Plateau South property which assayed 4.738 g/t gold and 6,852 parts per million arsenic from a rock grab sample taken from outcrop/subcrop. The gold-mineralized sample of grey quartz was taken during expansion staking by Yukon prospector Tom Morgan,… Continue reading Goldstrike “GSR”: New Gold Discovery Extends Yellow Giant Trend to 25km, Remains Open
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