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.
Romarco Minerals Inc. has reported that it has acquired more land near to the Halle Gold Mine in South Carolina. The Ridgeway Mine, Haile Gold Mine, Brewer Mine (former producing gold mines) and Buzzard are situated along a SW-NE gold trend known as the Slate Belt of the Carolinas. Diane Garrett, President and CEO commented: [...]
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 [...]
Canadian-based mineral exploration and development company Premier Gold Mines (TSX: PG) has teamed up with Jones, Gable & Company Limited and placed its shares at $3.65. Premier plans to use the gross proceeds from the sale of the shares for exploration programs to be conducted on the Hardrock project, Red Lake projects and PQ North [...]
Gold may easily re-gain the $1,000 mark in the coming months and may move up to fresh record highs before the end of the year, said Philip Klapwijk, chairman of Gold Field Mineral Services. For full story, click here
Neveda Gold Holdings, a mineral exploration company focused on identifying and developing large-scale gold deposits in Nevada, announced an overview of the current state of gold exploration in Nevada. For full story, click here
Detour Gold Corporation declared the results of an updated independent mineral resource estimate on the Block A property, a 50/50 joint venture between Trade Winds Ventures Inc. and Detour Gold, located near Detour Gold’s Detour Lake gold project in northern Ontario. For full story, click here
Sierra Minerals Inc. announced that it has received the results of its initial National Instrument 43-101 compliant, independent mineral resource estimate completed by Caracle Creek International Consulting Inc. Michael Farrant, President and CEO of Sierra, stated: We are extremely pleased to finally have an independent NI 43-101 compliant estimate of our mineral resources around which [...]
Kootenay Gold (TSX-V:KTN) annouced today the results from surface sampling of the Dorotea Structure at its Promontorio project in Northwest Mexico. Maximum values fromt he 22 samples were 45.6g/t gold and 587 g/t silver with average values for copper, lead and zinc of 0.2%, 1.3% and 0.11% respectively. Kootenay’s CEO Jim McDonald is quoted as [...]
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