Results of the drill program on the Valentine Gold Lake property have been announced by Mountain Lake Resources Inc (MOA-TSX). The report suggests that the gold deposit is open to the southwest, which will expand the main resource. It was interpreted that the deposit continued to the southwest beyond the limit of the current resource [...]
Additional channel sample results with respect to the St. Anthony’s Gold project has been announced by Pacific Iron Ore Corporation (TSX.V: POC). The project has the potential to host gold resources. These results confirm historic grades from the St. Anthony mine area and demonstrate widespread gold mineralization over a large area. In light of the [...]
An American company announced the discovery of vast gold deposits in Singida Region. Lake Victoria Mining Company declared in its August 6 statement that initial assay results from an underground sampling suggested that gold was present in a five-kilometre strip at a staggering grade of 7.1 grams of the precious metal per metric ton. For [...]
The share price of China Gold Mines has shot up Monday after the gold miner said the grade of its gold mined in the three months to end-June improved by 88% over the previous quarter to an average milling grade of 10 grams per tonne. For full story, click here
Ventana Gold Corp declared that additional results from its ongoing 2009 drill program which is focused on testing the down-dip and strike extensions of the high-grade La Mascota mineralized zone on its flagship La Bodega gold property in Colombia. For full story, click here
Azha Mining declared that it is participating in the ongoing gold rush having a grade of more than 40+ grams of gold per ton of ore located in the Philippines. For full story, click here
South America-focused Patagonia Gold Plc. declared drilling on six separate prospects at its El Tranquilo property block in Argentina have confirmed the presence of high grade gold and silver. For full story, click here
Paul N. Wright, President and Chief Executive Officer of Eldorado Gold Corporation declared that diamond drilling in the North Ore Shoot at the Efemcukuru gold project, Turkey has encountered the highest grade and deepest intercept drilled in the NOS to date. For full story, click here
Dale Ginn, CEO of San Gold Corporation declared to report that ongoing surface definition drilling continues to confirm and extend the high grade, near surface Hinge deposits. For full story, click here
Wesdome Gold Mines reported that preliminary underground drilling from the 500 metre level has traced the 811 Zone to at least 300 metres below existing workings. The zone remains open to the east, west and at depth. For full story, click here
Tuesday, September 29, 2009