Nortec Ventures (CVE:NVT) annouced today that they have signed a memorandum of understanding to acquire the Seinajoki gold project in Finland. The propsect was first discovered by local prospectors who discovered mineralized bolders assaying as high as 500 g/t Au. Click here for the full press release including details of the MOU.
Detour Gold Corporation declared assay results for an additional 35 holes totaling 16,655 metres from its 2009 infill diamond drilling program at the Detour Lake project in northern Ontario. For full story, click here
Anglo Swiss Resources Inc. declared assay results from its continuing NI 43-101 compliant underground vein sample program. For full story, click here
As an emerging gold producer, San Gold (SGR:TSX-V) is steadily building its production portfolio through continued exploration success on its Rice Lake Project in mining friendly Manitoba. Since it acquired the past producing Rice Lake mine in 2004, the company has nearly tripled its audited gold resources from 550,000 ounces to over 1.6 million [...]
Castle Gold has released the assay results from a new circulation drill programme on its El Castillo gold property in Mexico’s Durango state. For full story, click here
Eastmain Resources Inc. has declared final assay data from 20 drill holes completed during a winter campaign on its wholly-owned Eau Claire Gold Deposit, located in James Bay, Northern Quebec. For full story, click here
Brownstone Resources Inc. declared to have received assay results from the final set of samples submitted from the 2008 drill program on the companies “LS Grande” property, located in the Long Valley mining district of Arizona. For full story, click here
Kootenay Gold Inc. reported today that grab samples at its Promontorio property in northwest Mexico have identified 7 new mineral zones. Assays from the grab samples returned values as high as 799 g/t silver and 12.05 g/t gold. One sample, not included in the calculations assayed 181 g/t gold. Kootenay CEO James McDonald is quoted [...]
By Kishori Krishnan Exclusive To Gold Investing News The number one issue among gold advocates and proponents today is trying to ascertain the future for gold in 2009 and indeed into 2010. The price of the yellow metal has been on the upswing. After breaking the $940 mark, gold is expected to rise to as [...]
Colossus Minerals Inc. announced results including 7.88 metres of 406g/t gold, 98.4g/t platinum, 115.7g/t palladium, 2.74g/t rhodium, and 1.52g/t iridium at a depth of 252 metres. The Serra Pelada project is located in Para State, Brazil. These results are not true width and the release indicates that true width is not known. Colossus President Vic Wall [...]
Wednesday, September 23, 2009