Teryl Resources (TSX-V:TRC) reported today their latest drilling results at the Gil deposit which they are joint venturing with Kinross Gold (TSX:K). Results include up to 4.38 grams per tonne over 32 metres. John Robertson, the President of Teryl is quoted saying: …several other exploration targets have been identified but not fully tested on the [...]
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 [...]
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 [...]
Sheltered Oak Resources Corp has announced that it has purchased the rights to Sage Gold Inc’s interests in the Larder Lake Mining District in Kerrs Township in the Abitibi Greenstone Belt of Ontario. Sage will receive 2 million common shares of Sheltered Oak Resources and $5 million in cash. Sage will also receive a 2% [...]
Managements of joint-venture partners and X-Ore Resources has released a new NI43-101 compliant resource estimate for the Croinor property, located east of the town of Val-d’Or, Abitibi, Quebec. For full story, click here
Caerus Resource Corp. (CVE:CA) announced today that four concessions have been granted to White Gold Corp in the Colombia’s Sura Gold Camp. Caerus has entered into a Definitive Agreement to purchase White Gold. The release states that the concessions cover an area which has similar features to Greystar Resource’s Angostura gold deposit. Click here for [...]
As an emerging gold producer, San Gold (SGR:TSX-V) is steadily building its production portfolio through continued exploration success on its Rice Lake Project in mining friendly Manitoba. Since it acquired the past producing Rice Lake mine in 2004, the company has nearly tripled its audited gold resources from 550,000 ounces to over 1.6 million [...]
Fjordland Exploration (CVE:FEX) announced today the Woodjam Joint Venture jointly owned with Cariboo Resources (CVE:CRB) is granting an option to Gold Fields (NYSE:GFI) on the Woodjam North copper-gold-molybdenum property east of Williams Lake in BC Canada. Gold Fields can earn up to a 70% share in the property by spending $19m over 7 years. Tom [...]
The Alaska Journal of Commerce reports on Kinross Gold’s (TSE:K) plans for exploration and expansion at it’s Fort Knox gold mine in Alaska. Included in the plans is 16,000 feet of drilling at the Gil prospect joint owned with Teryl Resources (CVE:TRC). Arne Bakke, chief exploration geologist at Fort Knox is quoted saying: We’re evaluating other [...]
Archipelago Resources Plc, a gold and precious metals explorer, declared that at Toka Tindung Gold Project, a program of shallow, close spaced reverse circulation drill holes has been carried out. For full story, click here
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