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 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 [...]
Russia’s largest gold producer, Polyus Gold, declared that its gold output declined 14.4%, in January-June 2009, year-on-year, to 14.9 metric tons. Polyus Gold attributed its reduced output to the decrease in the gold content of ores at its deposits. For full story, click here
By Kishori Krishnan Exclusive To Gold Investing News It is one big company and it has big ambitions. Africa’s largest gold producer, AngloGold Ashanti Ltd., is studying a A$520 million (US$ 426 million) mine development in Western Australia state with venture partner Independence Group NL. AngloGold, owner of a 70 per cent stake in the [...]
Caerus Resources (CVE:CA) announced today that they have entered into Definitive and Arrangement agreements with White Gold Corp. to acquire the company and it’s portfolio of concession applications in Colombia. The White Gold consessions have targeted other significant gold plays in Columbia. 180,000 hectares in the California-Vestas mining district are proximal to the Greystar Resources [...]
Neveda Gold Holdings, a mineral exploration company focused on identifying and developing large-scale gold deposits in Nevada, announced an overview of the current state of gold exploration in Nevada. For full story, click here
A top Indian mining expert declared the Geological Survey of India has identified gold deposits in over 100 places across the country. For full story, click here
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 [...]
Hawthorne Gold Corp. declared that Wardrop Engineering Inc., a Tetra Tech Company, has completed an updated National Instrument 43-101 Technical Report and Mineral Resource Estimate on the Taurus gold deposit, which is located at the Cassiar Gold Camp in northern British Columbia, Canada. For full story, click here
Colossus Minerals Inc. is an exploration and development company focused on gold and platinum group metals in Brazil. Led by a skilled management team, the company is managing and developing its Serra Pelada gold, platinum and palladium project.
Tuesday, September 29, 2009