A gold discovery by Rainy River Resources Ltd. (CVE:RR) was one of the most intriguing mining stories of 2010, with 5 million ounces of gold, high-grade intercepts of 352.8 g/t and 701.29g/t (6.0m and 3.0m respectively), and multiple gold-bearing zones, the project is continuing to show extensive development potential.
Continue reading "Gold Rush Renaissance in North West Ontario"
Thursday, October 21, 2010
Bayfield Ventures Corp.(CVE: BYV) reports significant near-surface drill results on its 100% owned Burns Block property in an area known as the North Gold Zone.
Monday, November 9, 2009
Rainy River Resources Ltd. (TSX VENTURE:RR) today reported the results of the ten diamond drill holes on its Richardson Township property in the southwest corner of northern Ontario. The press release is quoted as saying: Highlights: - 10.5 metres grading 8.87 g/t gold intersected near surface in Cap Zone - South Zone expanded – 200 [...]
Continue reading "Rainy River reports High Grade Gold near Cap Zone"
Wednesday, September 17, 2008
By Dave Brown – Exclusive to Gold Investing News The financial markets have found themselves under tremendous downside pressure this week in the wake of the collapse of Lehman Brothers, and the crisis at AIG. Central banks have infused US$200 billion in order to alleviate some of the volatility. Leading the way, the European [...]
Continue reading "Flight to safety"
Wednesday, September 10, 2008
Rainy River Resources Ltd. reports it has added a 7th gold discovery on its Richardson Township land package, Ontario. Importantly, the new gold zone lies outside the previously interpreted eastern margin of the main caldera anomaly, one of Canada’s largest gold footprints. The strong gold values intersected in NR8-280 occur within highly altered dacitic tuff breccias carrying an [...]
Continue reading "New high grade gold discovery for Rainy River"
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Monday, November 22, 2010