Lincoln Mining (TSXV:LMG) announced that following the closing of the Procon financing (announced Noveber 22, 2012), Lincoln has signed a definitive purchase agreement and closed the acquisition of the Bell Mountain property in Nevada for cost of $2,350,000 cash payable to Laurion. Before Lincoln can excercise the Bell Mountain option to acquire 100% interest in the property, the company must spend an addition $1,755,000 in exploration before June 28, 2015.
Articles Tagged "nevada gold"
Rye Patch Gold has won a legal claim to explore gold in Nevada, announced a discovery and encouraging Phase I drilling result from an exploration program, all within the past six weeks. While its share price has risen dramatically -- soaring more than 80 percent on Dec. 5 - it seems that investors' enthusiasm has dropped off a bit.
NV Gold Corporation (CVE:NVX) completes the 25-hole 2,355-metre reverse-circulation drill program Afgan-Kobeh gold project.
Aurion Resources Ltd. (CVE:AU) acquires a new gold property, called Logan Pass, in Lincoln County, Nevada.
Nevada is home to the Carlin Trend, North America's most prolific gold-producing area and the second-largest known gold resources in the world, after the Witwatersrand in South Africa.
Coral Gold Resources has a portfolio of wholly owned and joint venture properties located along the Cortez gold trend in north-central Nevada. The Company's keystone property is the Robertson Project, which adjoins Barrick Gold Mines - one of the lowest cost gold producers in Nevada, that has reported proven and probable reserves of 13.4 million ounces of gold.
Nevada is home to the Carlin Trend, North America's most prolific gold-producing area and the second-largest known gold resources in the world after the Witwatersrand in South Africa.
The Financial Post reports a list of gold companies that Genuity Capital says could be takeover targets with the rising price of gold and the disconnect between the valuation of junior and senior gold companies. Included in the list are Allied Nevada Gold Corp. (AMEX:ANV), Mineral Deposits Ltd. (ASX:MDL), Kirkland Lake Gold Inc. (TSE:KGI), Andean [...]