Lower Gold Grades Cause Drop in Newcrest Shares
Sydney Morning Herald reported that Newcrest Mining's (ASX:NCM) shares fell after news its gold grades were diminishing.
Articles Tagged "gold grade"
Introduction to Gold Assaying: What’s in a Gold Grade?
Assay results are instrumental in estimating approximate grade and tonnage reserve estimates. Not only are grades what investors are most likely to respond to- they play an instrumental role in the behind the scenes financial analyses of a mining project.
Gryphon Gold Confirms Higher Gold Grades in Critical Data Drilling
Gryphon Gold Corporation (TSE:GGN) receives the gold and silver assays from the 2010 reverse circulation drilling program for the Freedom Flats Heap at the Borealis Mine Site.
Bonterra Receives Drill Assays as High As 77.8 Grams per Tonne Gold
BonTerra Resources Inc. (CVE:BTR) announces the receipt from its ongoing drill program on the Eastern Extension property.
Rye Patch Goal: Ten Million Ounces
Rye Patch has acquired advanced assets and explored aggressively towards its goal of a 10-million ounce gold inventory within 36 months. The company’s Nevada focus arose from management’s considerable knowledge of the region and Nevada’s key position in world gold output. The state currently produces 78% of U.S. gold and 8% worldwide.
Oro Gold confirms higher gold grade
Oro Gold Resources reports gold assay results for a third twin core hole of recent drill program at its Trinidad property, Mexico. The core hole is a twin of RC hole 08TRRC029 which had two corresponding intervals: 1.7 g/t gold over 8.0 metres compared to 5.3 g/t gold over 7.8 metres in the core hole, and 1.8 g/t gold [...]
Oro Gold drills 8.5 g/t gold over 61 metres in New Zone
Oro Gold Resources Ltd. reports gold assay results for a recent completion of 4,000 metre reverse circulation and core drill program in Mazatlan, Mexico. These drill results indicate excellent potential to increase the gold grade and expand the new zone discovered by Oro Gold. This should have a positive impact on the previously reported inferred mineral resource of 200,930 ounces [...]
Oro Gold completes non-brokered financing
Oro Gold Resources reports it has completed a second closing of a previously announced non-brokered private placement for an additional 395,000 units at a price of $0.55 per unit. The total financing was 3,280,444 units at a price of $0.55 per unit for gross proceeds of $1.8 million. Oro Gold intends to use the proceeds of the [...]
GBS reports record second quarter gold production
GBS Gold International reports record gold production during second quarter from its Union Reefs Operations Centre, Northern Territory, Australia. Gold production increased by 34% to 35,259 ounces for the June 2008 quarter from the milling of 622,100 tonnes of ore at an average head grade of 1.9 g/t and processing recovery of 93.1%. The higher throughput [...]
Yukon-Nevada Gold intersects 3.8 m of 20.6 g/t gold
Yukon-Nevada Gold Corp. provides favorable results from its on-going 2008 drilling program at Ketza River. The drill intercepts reported herein were not included in the data used for the NI 43-101 resource estimates released on April 14, 2008, which contain a measured and indicated resource of 646,600 ounces of gold at a grade of 4.93 g/t [...]
