Colossus Minerals (TSX:CSI) annouced new results from step out drilling today. The numbers continue to be impressive with 70 meters of 53.59 g/t gold, 20.77 g.t platinum and 31.3 g/t palladium. Colossus VP Exploration Vic Wall is quoted as saying: up to 400 metres south of the historical open pit, Colossus drilling has outlined substantial [...]
Continue reading "Colossus Step-out Drilling Continues to Impress"
Tuesday, September 29, 2009
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: [...]
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Tuesday, September 29, 2009
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 [...]
Continue reading "Mountain Lake’s drill results"
Tuesday, September 29, 2009
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 [...]
Continue reading "Pacific Iron Ore provides update"
Tuesday, September 29, 2009
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 [...]
Continue reading "Premier Gold Mines gets $5.5 million"
Wednesday, September 23, 2009
Nortec Ventures (CVE:NVT) annouced today that they have signed a memorandum of understanding to acquire the Seinajoki gold project in Finland. The propsect was first discovered by local prospectors who discovered mineralized bolders assaying as high as 500 g/t Au. Click here for the full press release including details of the MOU.
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Monday, July 27, 2009
By Kishori Krishnan Exclusive To Gold Investing News It is one big company and it has big ambitions. Africa’s largest gold producer, AngloGold Ashanti Ltd., is studying a A$520 million (US$ 426 million) mine development in Western Australia state with venture partner Independence Group NL. AngloGold, owner of a 70 per cent stake in the [...]
Continue reading "Big Ambitions Pave The Way For Gold"
Thursday, July 23, 2009
Kootenay Gold (CVE:KTN) announced today that they have started an IP survey at the Dorotea project in Mexico. Jim McDonald, Kootenay’s CEO is quoted saying: The initial geophysical survey of 3D IP conducted over the Promontorio Mine area was very successful in mapping out sulfide mineralization (see news release dated May 14, 2008) and proved [...]
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Thursday, July 23, 2009
By Kishori Krishnan Exclusive To Gold Investing News Its a clear sign. Money is coming back into the resource sector as investors around the world are beginning to recognise the exceptional values in the context of a longer term outlook. And companies that are generating shareholder value by advancing their projects will continue to be [...]
Continue reading "Bernanke Stalls Gold Bulls"
Thursday, June 4, 2009
Colossus Minerals (TSE:CSI) reported today results from the first two of it’s Phase II drill results. Included in the results were 27.9 meters at 35.49 grams per tonne gold, 19.89 grams per tonne platinum and 25.14 grams per tonne palladium. This mineralization was intersected starting at 208.4 meters down hole. True widths have yet to [...]
Continue reading "Colossus hits more significant results"
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Wednesday, September 30, 2009