Teryl Resources Corp. (CVE:TRC, OTC:TRYLF) reports additional drill results on the Gil JV, Alaska. The goal of the 2010 program is to further delineate the strike extension of the mineralized zones, and to infill between step-out holes, in order to gain a better understanding of ore-zone continuity. For complete news release, click here. For Teryl’s company profle, [...]
American Bonanza Gold Corp. (TSE:BZA) reports it has closed the purchase of a milling and flotation circuit for the 100% owned Copperstone , Arizona. Bonanza acquired the 700 ton per day milling and flotation/gravity plant, including a pre-engineered mill building, for a purchase price of US$400,000 and the issuance of 1,250,000 common shares. For complete news [...]
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 [...]
Reuters reports markets for spot gold fell more than 2% while the US financial sector’s massive bailout is expected to close a deal. Spot gold was bid at $869.12 an ounce at 1437 GMT from $881.00 late in New York on Wednesday. Traders said negative sentiment had been reinforced by selling related to options ahead [...]
Thursday, August 19, 2010