Articles Tagged "feasibility"

Positive Numbers for Bonanza – 96% IRR

American Bonanza (TSX: BZA) released the results of a Feasiblity Study today at their 100% owned Copperstone project in Arizona. Based on a gold price of $962/oz, the internal rate of return (IRR) is said to be 96.3%. The study sets the Proven Reserves at 255,000 ounces of gold and Probable Reserves at 1,178 ounces.  [...]

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 [...]

Luiri Gold Has Completed Placement for $2.6 mln

Luiri Gold Limited shareholders voted overwhelmingly in favor of a change of control and Luiri Gold has closed the second placement for CDN $ 1,137,167.90 from Lachlan Star Ltd to bring their holdings to 31%. Luiri Gold has commenced a major plus 10,000m drilling programme both to expand the resource base and upgrade the current [...]

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 [...]

Gold Steams Ahead as Bailouts go Global

By Kishori Krishnan Exclusive To Gold Investing News Canadian stocks posted a high on Thursday as gold prices steamed ahead and financials rebounded. Toronto’s main stock index was higher, lifted by strength in mining companies as gold prices got a boost from safe-haven buying. The resource-laden materials group rose 2.9 per cent and led the [...]