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.
Continue reading "Nortec Acquires Gold Projects in Finland"
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 [...]
Continue reading "Kootenay Gold Starts IP Survey at Dorotea"
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"
Monday, May 18, 2009
By Kishori Krishnan Exclusive To Gold Investing News Gold was softer on Monday but holding within reach of a seven-week high as inflation and economic fears boosted its appeal as a hedge against uncertainty. Spot gold bid at $928.50 an ounce in the early hours of Monday, compared with $930.70 late in New York on [...]
Continue reading "Outlook For Gold Gets Better"
Thursday, April 30, 2009
By Kishori Krishnan Exclusive To Gold Investing News A deal was approved on Thursday by Kyrgyzstan’s lawmakers to double the government’s stake in a gold mine that is one of the impoverished Central Asian country’s biggest sources of revenue. The settlement will raise the state’s share in Canada-based Centerra Gold Inc. (CG.TO), which owns the [...]
Continue reading "Canada’s Centerra Gold Spark"
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Tuesday, September 29, 2009