News On The Ground
Mountain Lake Reports Leprechaun Drill Results
Mountain Lake Resources Inc. (TSX-V: MOA) has reported that initial results from barge drilling over the Leprechaun Gold Deposit are defining an area of near surface mineralization by filling in a large void in the historic drilling pattern.
Results to date are excellent. The Leprechaun Deposit is the first defined gold resource within the highly prospective Valentine Lake Property located in Central Newfoundland. Continue…
Richfield Drill Results Update
Richfield Ventures Corp. (TSX.V:RVC) has reported drill results for six more diamond drill holes on the 100% owned portion of its Blackwater Gold Project located approximately 100 km south of Vanderhoof, BC. Continue…
Stikine’s Angus Project Sampling Update
Stikine Energy Corp. (TSX.V: SKY) reports that its recent geological field mapping and sampling program has demonstrated that the quartz-rich sandstone outcrop at its 100% owned Angus project is much larger than previously mapped. Continue…
Industry Commentary
Peter Grandich
Given the fact that the great secular gold bull market has gone on for about eight years and has
seen a more then a tripling in price, the amount of enthusiasm in and around the metals and mining
industry currently doesn’t come close to matching the results. In fact, I believe there was far more
exuberance with gold breaking above $400 than there is now at $1,100. How anyone can call gold in
a bubble is beyond me.
Continue…
News On the Ground Archive
i-minerals Drilling Update
i-minerals inc. (TSX VENTURE:IMA)(PINK SHEETS:IMAHF) has completed a 10 hole drilling program, totaling approximately 1200 feet, in the primary clay deposits that include the WBL Pit area. Continue…
NSGold Expands Mooseland Holdings
NSGold Corporation (NSX : TSXV) has announced that its has expanded its land holdings at its wholly-owned Mooseland Gold project in Halifax County, Nova Scotia by staking 42 additional claims totalling 679.56 hectares.. Continue…
ICN Acquires Nevada Property
ICN Resources Ltd. (TSX VENTURE:ICN) has reported the 100 percent acquisition of 358 unpatented lode mining claims. The claims cover approximately 3000 hectares (7400 acres) and lie along the west flank of the Slumbering Hills in Humboldt County, Nevada. Continue…
Golden Predator Reports Brewery Creek Results
Golden Predator Corp. (TSX: GPD) has announced initial results from its ongoing diamond and reverse circulation drilling programs on its Brewery Creek Project as well as results from its Eureka Project. Continue…
First Quantum Suspends Frontier Mine Operations
First Quantum Minerals Ltd. (TSX:FM)(LSE:FQM) has announced that it has suspended operations at its Frontier mine in the Democratic Republic of Congo (the “RDC”). Continue…
Dorato’s Positive Results From Taricori Gold Zone
Dorato Resources Inc. (TSX VENTURE:DRI)(OTCQX:DRIFF)(FRANKFURT:DO5) has announced that it has received positive initial metallurgical results from Minera Afrodita for the Taricori Gold Zone within the Cordillera del Condor project in northwest Peru. Continue…
