The resourceinvestor reports on Chile’s gold riches: As the gold market continues its lustrous trend, the corporate elbowing and shoving to get at the richest buried treasures is getting increasingly cutthroat. A prime example involves northern Chile’s clutch of mostly prolifically sized gold/copper deposits. Located in the Maricunga Gold Belt, five deposits are in various [...]
The Financial Sense University reports on the Gold Outlook for 2010: In 2009 gold resumed its historical monetary role – as the anti-currency. Therefore, the influences and events that affect its price are not simple commodity supply/demand fundamentals, but the more complex global monetary issues. Click here to access the entire Editorial
Cypress Development Corp. (TSX VENTURE:CYP) (FRANKFURT:C1Z) reported that the company has entered into an Option Agreement with Robert D. Marvin of Reno, Nevada to earn a 100% interest in the Twenty-One Silver-Gold Project located in Mineral County, approximately 100 miles southeast of Carson City, Nevada. The press release is quoted as saying: Cypress Development Corp. [...]
Argonaut Gold Ltd. (TSX:AR) reported that Barry Dahl has been appointed as the Chief Financial Officer of Argonaut, effective immediately. The press release is quoted as saying: Argonaut is a gold mining company with a goal of creating the next quality mid-tier gold company operating in the Americas. Argonaut is a new venture created by [...]
Melkior Resources Inc. (TSX VENTURE:MKR) reported that the company has resumed drilling on its 100% owned Carscallen Gold property in West Timmins on January 18th, 2010. The press release is quoted as saying: Melkior is a junior exploration company with active exploration projects in West Timmins and the Mc Faulds “Ring of Fire” areas of [...]
Condor Resources Inc. (TSX VENTURE:CN) reported that the company has increased its private placement with Dundee Securities Corporation from 10,000,000 units to 11,000,000 units at a price of $0.30 per Unit for gross proceeds of up to $3,300,000, subject to regulatory approval. The press release is quoted as saying: Condor Resources Inc. was incorporated in [...]
The Financial Sense University reports on China’s 2010 Gold Rush: THE COLLAPSE in India’s gold demand during 2007-09 might seem good reason to question the fundamental strength of gold buying worldwide. Click here to access the entire article
Southern Silver Exploration (TSX VENTURE:SSV)(FRANKFURT:SEG) announced that the company has signed a Letter of Intent with a private vendor to acquire a 100% interest in the San Juan gold-silver project in Sinaloa State, Mexico. The press release is quoted as saying: Southern Silver also reported that Phase I drilling on its Oro project located in [...]
Alexandria Minerals Corporation (TSX VENTURE:AZX)(FRANKFURT:A9D) announced that the company has intersected ore-grade gold mineralization, up to 7.58 g/t Au, 15.6 g/t Ag, and 0.95% Cu over 0.45 m and separately, 6.31% Zn over 0.3 m, on its Akasaba property, in Val d’Or, Quebec. The press release is quoted as saying: Diamond Drill hole (“DDH”) IAX-09-61 [...]
Bayfield Ventures Corp. (TSX VENTURE:BYV) (FRANKFURT:B4N) reported that the company has arranged a non-brokered private placement of up to 1,000,000 units at a price of $0.25 per unit. The press release is quoted as saying: Each unit consists of one common share and one non-transferable share purchase warrant which entitles the holder to purchase an [...]
Friday, January 29, 2010