Tag Archive | "miners"

Rye Patch Goal: Ten Million Ounces

Thursday, January 14, 2010

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.

Are You A Gullible Gold Investor?

Friday, November 20, 2009

By Kishori Krishnan Exclusive To Gold Investing News They could be an organized band of operators and they could be residing in your city. They could be using every trick in the book to milk every unsuspecting investor who comes their way. And you could just be one of them – the credulous investor defrauded [...]

Gold Too Hot?

Tuesday, October 13, 2009

By Kishori Krishnan Exclusive To Gold Investing News They are In Demand and they could be getting too hot to handle. Gold stocks have investors in a frenzy, and despite the gold price shining strong above the $1,000 bracket, investors appear to be lapping up gold stocks like there is no tomorrow. Why the frenzy? [...]

Colossus Step-out Drilling Continues to Impress

Wednesday, September 30, 2009

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 [...]

Romarco Minerals gets more land

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: [...]

Mountain Lake’s drill results

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 [...]

Pacific Iron Ore provides update

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 [...]

Premier Gold Mines gets $5.5 million

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 [...]

Alternative To A Weaker Dollar?

Friday, August 7, 2009

By Kishori Krishnan Exclusive To Gold Investing News Gold slid marginally. As speculators offloaded their holdings of the precious metal to lock in gains after it climbed to a two-month high on Thursday and commodity prices slipped, gold declined to $961.16 an ounce on Friday. Not to worry though, for bullion, which touched $971.68 an [...]

Guinea Govt. ended undue pressure on miners

Tuesday, April 28, 2009

The Guinean Government has reached a deal with gold mining companies operating there, giving them a more stable operating environment and ending a spat over environmental standards. Guinea Minister of Mines Mahmood Thiam stated: We’ve reached an agreement that undue pressure wasn’t justified and it won’t happen again. For full story, click here

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