Coral Gold Resources (TSX.V-CLH) (OTC:BB-CLHRF) has now received gold assay results from Holes CR 10-10 through CR 10-12 and results from the deepened holes CR 10-7 and CR 10-8 at the Robertson property in Crescent Valley, Nevada. An intersection of five feet assayed 14.32 gpt gold. Coral also announced that it has commenced drilling 15… Continue reading Coral Gold Drill Results-14.32 gpt Gold Over Five Feet at Robertson Property, Nevada
Tag: financing
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
Flaherty Special Situations Does Update on Grizzly Discoveries
Bob Flaherty of Flaherty Financial News wrote an update article in the Flaherty Special Situation Newsletter. This is a free newsletter to subscribers. “Progress Report at Grizzly Discoveries” – link to page is: http://archive.constantcontact.com/fs070/1101855435216/archive/1103533557926.html
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
Grizzly Commences Drilling at Greenwood Gold Project, BC
The drill was mobilized to the Greenwood property on June 24th, 2010 and has commenced drilling on gold showings in the Copper Mountain area. The permit for drilling on the Sappho target has also been received. Historic copper-silver-platinum-gold showings at the Sappho area and the gold zone intersected at Ket 28 during late 2009 are… Continue reading Grizzly Commences Drilling at Greenwood Gold Project, BC
Andean American Expects Invicta to Average 97,931 Oz Gold per Year
News was released this morning for Andean American Mining (TSX.V-AAG) (FWB-AQN) regarding the completion of the Optimized Feasibility Study for the Invicta Project. John Huguet states: “These improvements strengthen an already financially robust model and move us closer to completion of our major financing for Invicta. There is still much to learn about the geology… Continue reading Andean American Expects Invicta to Average 97,931 Oz Gold per Year
Griz and Mike are at NY Hard Assets Conference
Griz and Mike Dufresne (of Apex Geoscience) are both attending the New York Hard Assets Investment Conference being held today and tomorrow (May 10/11, 2010). Mike will be giving a presentation to a captive audience on Grizzly Discoveries.
Grizzly Crew Prepares to Mobilize to Greenwood Gold Project
APEX Geoscience’s crew will mobilize to the Greenwood Gold Project in BC during the upcoming week to commence the 2010 Exploration Program. The initial Stage 1, at an estimated cost of $500,000, will include geological mapping, geochemical sampling, ground geophysics and drilling at the Copper Mountain and Sappho target areas. Drilling is expected to commence… Continue reading Grizzly Crew Prepares to Mobilize to Greenwood Gold Project