Kootenay Gold (TSX-V:KTN) annouced today the results from surface sampling of the Dorotea Structure at its Promontorio project in Northwest Mexico. Maximum values fromt he 22 samples were 45.6g/t gold and 587 g/t silver with average values for copper, lead and zinc of 0.2%, 1.3% and 0.11% respectively. Kootenay’s CEO Jim McDonald is quoted as [...]
By Kishori Krishnan Exclusive To Gold Investing News Though 2009 is slated to be another challenging year for gold, most gold producing companies are securely placed to benefit from gold’s continued strength. Take the case of Randgold Resources Ltd, (NASDAQ:GOLD, LON:RRS) the owner of gold mines in West Africa, which has announced upgrades. The company [...]
By Kishori Krishnan Exclusive To Gold Investing News The United States is firing up the printing presses. This desperate move means the value of the dollar is destined to disintegrate. What this also means is that gold will decline on a muscular US dollar, profit-taking, technical selling and potentially deflationary economic data. The yellow metal [...]
Premium Exploration (CVE:PEM) has announced an 800 meter drill program at their Friday-Petsite gold project in Idaho. Premium, which picked up the property in June, 2008, will be attempting to extend a gold zone drilled by previous operators. For the full release click here.
CASTLE GOLD CORPORATION announced that it will start the first phase of a reverse circulation drill program to test the potential to expand oxide gold mineralization at the Company’s 100 percent owned El Castillo Mine, Durango state, Mexico. For full story, click here
MAX Resource Corp. (CVE: MXR, OTCBB: MXROF) is currently focused on four gold & silver properties in Nevada. Drilling programs in 2010 intersected significant gold mineralization. Multiple drill programs are underway in Nevada for 2011 to actively advance the prospects.
The Company provides an update on drilling progress at its Geita Gold Project in northern Tanzania, about 80 kilometers west of the city of Mwanza. For full story, click here
The company announced that it is evaluating numerous exploration targets on the TMBXF’s land position in the West Tombstone District for the upcoming 2009 Drill Program. Alan Brown, President and CEO of Tombstone, said: We expect that our current drilling program combined with the historical drill results reported will allow the Company to further quantify [...]
Dale Ginn, CEO of San Gold Corporation reported that the ongoing surface drilling continues to both define and extend the newly discovered Hinge #4 zone along strike to the east and to the west. For full story, click here
Queenston Mining Inc. announces that surface drilling has intersected significant gold mineralization on the 100% owned AK property located in Teck Township, Kirkland Lake, Ontario. For full story, click here
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