Bayswater Uranium(CVE:BYU) reports drill results from Kilgore gold project, in Clark County, Idaho. The drill results comprise significant, potentially bulk-mineable, open-pittable intercepts. Highlights of these first five drill holes, listed in Table 1 below, include intercepts of 55.5 metres (m) of 1.36 grams per tonne gold (g/t Au) in hole 10 OKC-208 and 30.4 m of 2.53 [...]
The majority of gold mined in Mexico is as a co-product, first, of silver, and secondly of copper. The bedrock beneath Mexico is laden with an intricate, and valuable network of vein deposits of minerals.
Callinan Mines(CVE:CAA) reports the intersection of gold and silver bearing mineralization on their Coles Creek property. Assays of samples from diamond drill hole COLE 28 have confirmed an intersection of 21.25 meters of core length grading 3.368 g/mt gold, 15.33 g/mt silver, 2.04% zinc and 0.15% lead. Callinan’s President and CEO, Mike Muzylowski says: “These assay [...]
Investors will know it best for its production of silver, with over 10 billion ounces mined; however, Mexico is also abundant in quantities of gold, copper, lead and zinc. Mexico’s ever-expanding gold mining industry is well positioned for a strong year in 2010, with output expected to increase by an additional 880,000 ounces to nearly 2.5 million ounces, representing an approximately 50 percent increase over 2009’s projected figures.
Caldera Resources (CVE:CDR) reports initial results from its summer work program. “Results from resampling of historic trench samples released today confirm that the Marjan Gold and Silver Project carries good grades of gold and silver. For complete news release, click here.
The Yukon is home to the famous Klondike gold rush of the late 1890’s. Prospectors flocked to the area some 120 years ago, following the discovery of gold on Rabbit Creek in the Klondike district by George Carmack, Dawson Charlie and Skookum Jim. Now, a brand new gold rush may be just around the corner.
Coral Gold Resources has a portfolio of wholly owned and joint venture properties located along the Cortez gold trend in north-central Nevada. The Company's keystone property is the Robertson Project, which adjoins Barrick Gold Mines - one of the lowest cost gold producers in Nevada, that has reported proven and probable reserves of 13.4 million ounces of gold.
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.
Northern Freegold is controlled and operated by a technical group of Yukon locals who know the land and the communities they are working in. NFR’s Nucleus deposit contains an inferred resource of million ounces of gold at 0.87 g/t. In June 2010 NFR started a 10,000m drill program aimed at increasing the size of this deposit.
Nevada is home to the famous Carlin trend, one of the top three gold fields in the world. The Carlin and other mines along the trend pioneered the method of open-pit mining with cyanide heap leach recovery that today is used at large low-grade gold mines worldwide. The state is also home to other prolific gold trends, including the Cortez.
Thursday, September 9, 2010