http://goldinvestingnews.com Objective News for Gold and Gold Resource Investing Fri, 10 Feb 2012 22:29:51 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 http://goldinvestingnews.com/3010/positive-numbers-for-bonanza-96-irr.html http://goldinvestingnews.com/3010/positive-numbers-for-bonanza-96-irr.html#comments Wed, 03 Feb 2010 17:53:50 +0000 Melissa http://www.goldinvestingnews.com/?p=3010 American Bonanza (TSX: BZA) released the results of a Feasiblity Study today at their 100% owned Copperstone project in Arizona. Based on a gold price of $962/oz, the internal rate of return (IRR) is said to be 96.3%. The study sets the Proven Reserves at 255,000 ounces of gold and Probable Reserves at 1,178 ounces.  [...]

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