Metanor Resources TSX.V-MTO released its financial results for the quarter and year ended June 30, 2014. Below are Q4 2014 Highlights: Q4 2014 Highlights * Gold sales of 12,468 ounces on gold production of 13,083 ounces. * Total of $16,523,725 in revenues from gold sales. * Net Income of $ 1,078,441 for the quarter.… Continue reading Metanor MTO.V Reports Financials for Q4 and Year Ended June 30, 2014
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Falcon Gold FG.V Updates 2014 Activities and Outlines Work Programs for Nevada and Washington Properties
Falcon finalized the New York Canyon Nevada copper project agreement and completed all required payments pursuant to the transaction in August and closed the final tranche of an over-subscribed $706,000 financing. To date, 188 drill holes totaling approximately 128,000 feet have been completed on the New York Canyon copper property. Much of the historical drill… Continue reading Falcon Gold FG.V Updates 2014 Activities and Outlines Work Programs for Nevada and Washington Properties
Metanor MTO Intersected 25.80 g/t Gold Over 5.6 m at Barry
Results from the drilling campaign carried out in 2013-2014 on the Barry property discovered several new gold zones. Metanor’s exploration campaign of 38 DD holes totaled 12,197 m on the Barry property was to investigate some of the 153 new induced polarization (IP) anomalies detected on the entire property during surveys conducted between 2009 and… Continue reading Metanor MTO Intersected 25.80 g/t Gold Over 5.6 m at Barry
Metanor CVE:MTO Reaches 50,000 oz/Au Production Threshold over a 12 Month Period
Metanor Resources (TSX.V-MTO) has produced over 50,157 ounces of gold over the last twelve month period. Ghislain Morin, CEO, stated: “This represents a significant milestone for Metanor as gold production is steadily increasing and, reaching the 50,000 oz/Au production threshold, over a 12 month period, was an important objective for Metanor.” Serge Roy, Exec. Chairman,… Continue reading Metanor CVE:MTO Reaches 50,000 oz/Au Production Threshold over a 12 Month Period
Falcon Gold “TSX.V-FG” Closes $384,000 Private Placement
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
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
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.