By Dave Brown – Exclusive to GoldInvestingNews.com Investors looking for a clear cut answer from the markets are left scratching their heads, as the market continues to be awash with conflicting opinions and analysts’ forecasts. The results are observed in a hyper sensitive environment where there, “has been a flood of brash pronouncements as the [...]
Reuters reports gold tumbled almost 3 % to a 5 week low below $900 an ounce today with strong dollar, weak oil prices and inflation fears prompted a sell-off. Further selling then took the metal to $903 an ounce, before a sharp strengthening in the dollar after above consensus ADP jobs data sent it lower. Gold typically moves in the opposite [...]
Dorato Resources report that initial sampling has confirmed the presence of widespread gold – silver mineralization on its El Tambo property, Cordillera del Condor Project, Peru. The results range from barren rock to 52 g/t gold. 35 samples of obviously mineralized structures and veins range from anomalous to 52 g/t Au and average 16.38 g/t gold [...]
La Mancha Resources reports that preliminary drill results for the first of five locations have been identified at its Hassai property indicate a minimum conceptual deposit of 20 million tonnes of VMS at 1.3 – 1.5 g Au/t and 1.5% – 2.0% Cu. The conceptual estimate of potential tonnes and grade is based on a manual [...]
Lounor Exploration reports 4 additional results from its Harker gold property, Harker Twp in Timmins/Kirkland Lake area (Ontario). The Harker property is located 5 km south of the Destor Porcupine Fault Zone (DPFZ) host of many important gold mines in the Timmins – Porcupine Gold Mining Camp (over 65 millions ounces of gold). The Holt McDermot [...]
U.S. Mine Makers, Inc. reports an operational update regarding it’s recent ore processing activities which includes research, testing and processing production plans. For the past several months the company’s metallurgists, chemists and engineers have been actively engaged in gold and platinum group metals (PGM) recovery at a pilot recovery and test facility in Nampa, Idaho. U.S. Mine [...]
Yukon-Nevada Gold Corp. reports favorable results from its 2008 drilling program at Ketza River. The Ketza River property is wholly-owned by Yukon-Nevada Gold Corp. (YNG), and is a past gold producer located near the town of Ross River in the Yukon Territory, Canada. All holes were targeted to expand the margins of known mineralization as [...]
Overview Canasia Industries Corporation (CAJ) is a Canadian junior exploration company dedicated to the aggressive pursuit of world class mineral deposits. Canasia’s multiple active projects include: Over 450,000 acres of POTASH claims with government permit approval, 200,000 acres contiguous to a major COPPER discovery at Reed Lake, Manitoba, with drilling about to commence, multiple active [...]
Menafn – MarketWatch reports gold futures declined early this morning, as falling oil prices and a higher U.S. dollar left traders inclined to sell the precious metal. Gold for August delivery fell $5.20, changing hands at $922.50 an ounce on the New York Mercantile Exchange. On Monday, gold finished little changed, ending up 90 an ounce. [...]
Golden Predator Mines reports that the Adelaide project, Southeastern Humboldt County, Nevada, continues to provide high grade intercepts. Assays have now been received for drill holes GPA014 through GPA022. Drilling to this point covers just over 3,000 feet of strike length along the auriferous quartz vein system. Assay highlights include: 41.8 gm/t gold over 4.6 m (1.22 oz/t [...]
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