Metanor Resources Inc. (TSX.V-MTO) has provided this update on the current drilling program at its Bachelor project. Two significant drill holes intersected 11.11 g/t gold over 13.44 metres and 8.04 g/t gold over 7.92 metres at their Bachelor Lake mine in Quebec. Please see Metanor’s website for the full new release with a table of… Continue reading Metanor “TSX.V-MTO” drills 13.44m of 11.11 g/t Gold & 8.04 g/t over 7.92m at Bachelor
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Metanor “MTO” Produces 2,354 Oz Gold & Intersects 5.58 g/t Gold over 21M
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
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!”
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
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
Grizzly “GZD” Discovers Potash near Medicine Hat, Alberta, Drilling Yields Potash Grades up to 31.1% K20 Over 0.3 Metres
Grizzly Discoveries “GZD” Discovers Potash: The Company announced that it has discovered potash in a well near Medicine Hat on its 100% owned 984,000 acre South Block of its Alberta Potash Project. The first well was completed and drilling yielded potash grades up to 31.1% K2O over 0.3 metres as well as 2.62% over 22.35… Continue reading Grizzly “GZD” Discovers Potash near Medicine Hat, Alberta, Drilling Yields Potash Grades up to 31.1% K20 Over 0.3 Metres
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