Tarsis Resources Ltd. (CVE:TCC) reports that it has made a new grassroots copper, gold and silver discovery in Yukon. Rock specimens were collected with visible sulphide mineralization and alteration and assays confirmed the presence of strongly anomalous copper, gold and silver values, including one select prospecting sample containing 4.41 g/t gold, 0.47% copper and 391 g/t [...]
Max Resource Corp. (TSX-V: MXR) reported this morning drill results including over 19 grams per tonne gold over 6.1 meters at it’s Crowsnest project in Western Canada. 26 shallow holes were drilled with 9 returning over 2g/t gold. Click here for the full press release. The Crowsnest property is owned by Eastfield Resources Ltd. (TSX-V: [...]
By Kishori Krishnan Exclusive To Gold Investing News Though 2009 is slated to be another challenging year for gold, most gold producing companies are securely placed to benefit from gold’s continued strength. Take the case of Randgold Resources Ltd, (NASDAQ:GOLD, LON:RRS) the owner of gold mines in West Africa, which has announced upgrades. The company [...]
Bear Lake Gold reports addition of a fourth diamond drill to continue the definition and exploration program at Larder Lake gold project. Alteration and gold values increase in the Bear Lake zone at depths below 400 meters. Continuity of the gold mineralization has been established below 750 meters where hole #49 intersected, 9.5 meters of carbonate-type mineralization [...]
Avino Silver & Gold Mines reports further high-grade silver and gold assays from drilling at the Avino Mine property near Durango, Mexico. The new results, from the San Gonzalo zone located northeast of the original mine workings, include some of the best values recorded since drilling began on the vein in 2006. For full details of [...]
La Mancha Resources reports that preliminary drill results for the first of five locations have been identified at its Hassai property indicate a minimum conceptual deposit of 20 million tonnes of VMS at 1.3 – 1.5 g Au/t and 1.5% – 2.0% Cu. The conceptual estimate of potential tonnes and grade is based on a manual [...]
Alto Ventures Ltd. reports results from mechanical stripping and sampling programs completed on Greenoaks Project, Beardmore-Geraldton Gold Belt, Ontario. Gold values up to 59.5 grams per tonne (g/t) were obtained from grab samples collected at various locations along a northwest trending structure consisting of shears and fractures. This structure was injected with semi-continuous quartz veins, some up to [...]
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