Articles Tagged "deposit"

American Bonanza – Focused on Developing Advanced Stage Gold Production in Arizona

American Bonanza Gold Corp. is developing and exploring gold projects in pro-mining areas of Canada and the United States. The main objective is to develop the advanced stage 100% owned Copperstone gold property in Arizona where a feasibility study is currently underway with the goal of achieving production by 2010.

Rye Patch Goal: Ten Million Ounces

Rye Patch has acquired advanced assets and explored aggressively towards its goal of a 10-million ounce gold inventory within 36 months. The company’s Nevada focus arose from management’s considerable knowledge of the region and Nevada’s key position in world gold output. The state currently produces 78% of U.S. gold and 8% worldwide.

Teryl Reports Results with Kinross

Teryl Resources (TSX-V:TRC) reported today their latest drilling results at the Gil deposit which they are joint venturing with Kinross Gold (TSX:K). Results include up to 4.38 grams per tonne over 32 metres.  John Robertson, the President of Teryl is quoted saying: …several other exploration targets have been identified but not fully tested on the [...]

Mountain Lake’s drill results

Results of the drill program on the Valentine Gold Lake property have been announced by Mountain Lake Resources Inc (MOA-TSX). The report suggests that the gold deposit is open to the southwest, which will expand the main resource. It was interpreted that the deposit continued to the southwest beyond the limit of the current resource [...]

Copper Fox Metal to raise C$20 million

Copper Fox Metals Inc (TSX-V: CUU) intends to privately raise C$2,000,000 in funds in a bid to to complete the feasibility study of the Schaft Creek deposit. The Offering is expected to consist of 23,188,406 units at a purchase price of $0.08625 per unit, for aggregate gross proceeds of $2,000,000. Each unit consists of one [...]

Drilling Underway at Eau Claire Gold Deposit

Eastmain Resources Inc. declared that definition drilling is underway at its wholly-owned Eau Claire gold deposit. The 2009 summer/fall drill program has been designed to test the Main Group of Veins (MGV) along the southern limits of the known resource as well as newly defined T-Series veins located north of the current resource. Drilling will [...]

Increased production Hinges on new mineralized zones

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 [...]

Mindoro – At the Forefront in the Philippines

Overview Mindoro is a Tier 1 Issuer trading on the TSX Venture Exchange (MIO) and the Frankfurt Stock Exchange (WKN 906167). Mindoro is focused on gold, copper-gold and nickel exploration in the Philippines with a strategy of advancing early stage opportunities to production or joint venture. Mindoro has NI 43-101 resource estimates on its Agata [...]