Nevada is home to the Carlin Trend, North America's most prolific gold-producing area and the second-largest known gold resources in the world after the Witwatersrand in South Africa.
MAX Resource Corp. (CVE:MXR) reports to commence its exploration on Diamond Peak gold/zinc property, Nevada, USA. The Diamond Peak Property is located at the southern end of the prolific Carlin Trend of Nevada, which contains numerous gold deposits. The property now comprises 134 claims located 32 miles north of the town or Eureka, Nevada and the [...]
Excalibur Resources reports the ongoing exploration program at Sturgeon Lake, northwestern Ontario. Excalibur’s Sturgeon Lake property is directly along strike and to the east of 6 VMS deposits that were mined between 1970 and 1991. A total of 19 million tonnes of ore was mined from these 6 VMS deposits with typical grades of 9% zinc, 1.5% copper, [...]
Teryl Resources reports that their JV partner, Fairbanks Gold Mining is continuing the 16,000′ drilling program that began on April 12, 2010. There are currently two drills operating on the Gil/JV property, one rotary and one core drill that are making good progress on the 2010 drilling program that is planned for 11,000 feet of RC drilling, and 5,000 feet [...]
Fjordland Exploration reports its recent updates on the successes at their Woodjam project & has acquired eight properties, south Cariboo region, British Columbia to be prospective for copper-gold, porphyry-type deposits. The properties (Boss, Canim, Coffee, Hazel, Howard Lake, LaHache, Moffat and Tisdall), consist of 45,100 hectares, and are located within the prolific Quesnel Terrane, between Imperial Metals’ Mount [...]
By Kishori Krishnan Exclusive To Gold Investing News This is no storm in a teacup. The desert storm racking the Persian Gulf emirate of Dubai has reverberated across the globe. And the charge of the gold bull has clearly been stopped in its tracks. On Monday, Dubai stocks sank in their first day of trading [...]
By Kishori Krishnan Exclusive To Gold Investing News They could be an organized band of operators and they could be residing in your city. They could be using every trick in the book to milk every unsuspecting investor who comes their way. And you could just be one of them – the credulous investor defrauded [...]
By Kishori Krishnan Exclusive To Gold Investing News India has shown the way, and charted out a clear path for the road ahead with its US$ 6.7 billion gold purchase. Buying 200 tonnes of gold from the International Monetary Fund, almost half of the 403 tonnes earmarked for sale by the IMF, India has effectively [...]
By Kishori Krishnan Exclusive To Gold Investing News What gives with junior gold miners? Many say we haven’t seen anything yet, and that some juniors are set to outpace the pack. But how could that be true? The fact of the matter is that global gold output has been dwindling by nearly 5 per cent [...]
By Kishori Krishnan Exclusive To Gold Investing News Niggling doubts have started to creep in – does gold have enough power to sally forth? Several researchers are revising their forecast and the bullish views are turning bearish. Can gold pull through? The blaring headlines don’t help: `The yellow metal appears to have lost its lustre’; [...]
Thursday, July 29, 2010