Gold in Nevada: Juniors Leading Resurgence
Nevada is one of the world's most productive gold regions, and juniors are busy aiming to extend that legacy.
Nevada is one of the world's most productive gold regions, and juniors are busy aiming to extend that legacy.
Orsa Ventures Corp. (TSXV:ORN) obtained regulatory approval and satisfied closing requirements for the Joint Venture Purchase Agreement with Americas Bullion Royalty Corp. (TSX:AMB) to acquire their 50% joint venture interest in the Angel's Camp Property in Oregon.
The $4.75-per-share offer announced on Monday bests Alamos Gold's hostile bid for Aurizon, thus creating a company worth $1.6 billion.
Orsa Ventures Corp. (TSXV:ORN) entered into a Joint Venture Purchase Agreement with Americas Bullion Royalty Corp. (TSX:AMB) and Golden Predator Mines US Inc. to acquire a 50% joint venture interest in the Angel's Camp Property at Quartz Mountain in Oregon. Through an Option Agreement with Seabridge Gold (TSX:SEA,AMEX:SA), Orsa and Orsa Min control the other 50% of the joint venture interest in the Angel's Camp Property.
Orsa Ventures Corp. (TSXV:ORN) reported that its consultants, JDS Energy and Mining Inc., have completed a detailed review of metallurgical studies that confirm that oxide mineralization responds well to cyanidation. It is the opinion of Orsa's consultant's that sulphide mineralization may be economically recovered by milling and cyanidation. Testwork to refine a process would include testing for crush and grind size, mineralogy, flotation, leaching, and settling and filtration.
Orsa Ventures Corp. (TSXV:ORN) announced positive drill results from its Quartz Mountain Property in Oregon, USA. Orsa is pleased to report that all holes intercepted anticipated gold mineralization as modeled with highlights as follows:
Orsa Ventures Corp. (TSXV:ORN) announced significant progress for Company growth in 2012 and development plans for 2013. In 2012, Orsa added additional expertise to its management team, announced a new gold discovery in central Nevada and completed a significant financing supported by Haywood Securities, Canaccord Wealth Management and Pacific International Securities, and added a large gold resource to its Western United States portfolio.
Orsa Ventures Corp. (TSXV:ORN) announced that it has received results back from its Phase II trenching and sampling program at the Coal Canyon property. The Company reported additional gold-bearing alteration zones at the property. Orsa plans to extend the phase II road building and sampling program at the property.
Orsa Ventures Corp. (TSXV:ORN) announced receiving its first set of assay results from Quartz Mountain. The Company reported positive results confirming mineralization at the property. Orsa's phase I drill program consists of 10 holes over 1,500 metres at the property.
Orsa Ventures Corp.(TSXV:ORN) announced the completion of a geophysical survey at its Ashby property. Data from the survey indicates a large porphyry copper gold system.
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