#RenforthResources $RFR has completed the New Alger #joint #venture, resulting in Renforth assuming 100% ownership of the New Alger mining concession, subject to a 2% NSR. New Alger hosts an inferred gold resource of 237,000 ozs of gold located above a depth of 200m in the area of the former Thompson-Cadillac mine. The Thompson-Cadillac mine… Continue reading #Renforth #Resources $RFR Completes New Alger #Purchase
Tag: resource
#Barrick Purchases #Coral #Gold Robertson Property in #Nevada
Coral Gold has entered into a purchase and sale agreement with Barrick Cortez for the sale of the Robertson Property in Lander County, Nevada in the amount of US$15.75 million (Cdn $20.17 million). Barrick will return 4,150,000 shares of Coral held by them for cancellation by the company. Coral will retain an NSR on the… Continue reading #Barrick Purchases #Coral #Gold Robertson Property in #Nevada
Grizzly $GZD $GZDIF Closes 1st Tranche of Private Placement of Units
Grizzly Discoveries (TSX.V-GZD) (OTCBB-GZDIF) has closed the first tranche of their private placement issuing 2,794,680 units at a price of $0.05 per unit for gross proceeds of $139,734. Each unit consists of one common share and one non-transferable warrant. Each warrant entitles the holder to acquire one additional shares at an exercise price of $0.075… Continue reading Grizzly $GZD $GZDIF Closes 1st Tranche of Private Placement of Units
#Metanor $MTO $MEAOF Confirms the Extension of the #Gold Structure at Depth on the #Moroy #Property
Metanor Resources Inc. (“Metanor”) (TSX VENTURE:MTO) (OTCBB:MEAOF) is pleased to announce the drilling results for the new zone on the Moroy property located 1 km from the Bachelor mill. The drilling from the last few weeks allowed to define the extension of the gold structure from surface down to 650 m deep; the structure was… Continue reading #Metanor $MTO $MEAOF Confirms the Extension of the #Gold Structure at Depth on the #Moroy #Property
#Kinross’ KG Exploration Completes 2015 Work Program, Submits Plans for 2016 Exploration on 75% Option from #Grizzly $GZD $GZDIF on #Greenwood Property, #BC
#Kinross has completed its 2015 work program on the 131 claims that form a contiguous package totalling approximately 27,345 ha, representing one third of Grizzly’s land at Greenwood. Kinross can earn a 75% interest on optioned land by incurring US$3 million in exploration expenditures over a five year period. Five target area were selected –… Continue reading #Kinross’ KG Exploration Completes 2015 Work Program, Submits Plans for 2016 Exploration on 75% Option from #Grizzly $GZD $GZDIF on #Greenwood Property, #BC
Metanor $MTO $MEAOF Begins Drilling to Update the #Mineral #Resources of the Barry #Gold #Project #Quebec
Metanor $MTO $MEAOF announced the start of a drilling campaign to update the mineral resources of its Barry Gold Project. The campaign of 1,200 meters will include validation drilling of the high-grade zones and of the extensions of certain mineralized zones, for eventual open pit mining. The campaign and the mineral resource update is… Continue reading Metanor $MTO $MEAOF Begins Drilling to Update the #Mineral #Resources of the Barry #Gold #Project #Quebec
Metanor $MTO Retains GoldMinds Geoservices for a #Mineral #Resource Update on its Barry #Gold #Project #Quebec
Given the advantageous gold price in Canadian Dollar, Metanor is evaluating the merit of resuming work at the Barry project and has retained GoldMinds Geoservices Inc. to provide a mineral resource update on this gold project. The study will include validation drilling of the high-grade zones and the extensions of certain mineralized zones, for eventual… Continue reading Metanor $MTO Retains GoldMinds Geoservices for a #Mineral #Resource Update on its Barry #Gold #Project #Quebec
Metanor $MTO Intersects 9.2 g/t #Gold Over 6.4 M at the Moroy Project #Quebec
Metanor Resources (TSX.V-MTO) (OTCBB:MEAOF) started drilling on the Moroy project in late February and has intersected 9.2 g/t gold over 6.4 metres, near surface. A second drill was planned to commence in the following days. This drill campaign is expected to cover over 60,000 m in the area, one km south of the Bachelor Mine.… Continue reading Metanor $MTO Intersects 9.2 g/t #Gold Over 6.4 M at the Moroy Project #Quebec
Metanor $MTO $MEAOF Starts #Drilling the Moroy’s New Anomalies #Quebec
Metanor Resources – TSX.V-MTO OTCBB-MEAOF – has started the surface drill campaign targeting the Moroy’s new anomalies. This new mineralized zone is located 1 km south-east of the Bachelor Mine. The first drill holes are targeting the anomalies located just below the mineralized zones discovered on surface. A second drill is expected to be added… Continue reading Metanor $MTO $MEAOF Starts #Drilling the Moroy’s New Anomalies #Quebec
Metanor $MTO $MEAOF Prepares New Drilling Campaign for the Moroy Zone and Evaluates Resuming Operations at the Barry Open Pit
Metanor announced that it is studying the possibility of restarting gold mining operations at their open pit on its 100% owned Barry property. Table 1: Summary of Resources, Barry Open Pit (from 2010 NI 43-101 Report by Duplessis & Camus1) Class Tonne Au g/t uncapped Au g/t capped Ounces Au (capped) Indicated 7,701,000 1.29 1.25 309,500 Inferred 10,411,000… Continue reading Metanor $MTO $MEAOF Prepares New Drilling Campaign for the Moroy Zone and Evaluates Resuming Operations at the Barry Open Pit