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By: Pele Mountain Resources Inc. - 5 November, 2009
Pele Mountain Resources Inc. (TSX VENTURE:GEM - News; "Pele" or the "Company") today announced that Coventry Resources Ltd. ("Coventry") has reported its exploration progress at Pele's Ardeen Gold Project in Northern Ontario. Coventry is earning-in to the project pursuant to its option agreement with Pele and is the project operator during the option period. Full Story |
By: Gold Resource Corporation - 2 November, 2009
"With the start-up and commissioning of the crushing plant, we begin the final steps to achieving gold production in 2009. As the crushing plant becomes fully operational, we will stockpile crushed ore in preparation of mill production. We are excited with the reality that Gold Resource will soon emerge as a low cost gold producer." Full Story |
By: Timberline Resources Corporation - 29 October, 2009
These additional claims are important as we assess the potential around our current resource area. It appears that the mineralized lenses we intend to mine on our existing claims at Butte Highlands may extend into these additional claims. This agreement gives us the ability to explore the potential of those claims and to purchase the property if we believe an economic resource exists. Full Story |
By: Gold Resource Corporation - 29 October, 2009
Gold Resource Corporation updates El Aguila Project construction photos as it closes in on production. Full Story |
By: Otis Gold Corp. - 21 October, 2009
Otis Gold Corp. ("Otis" or the "Company") is pleased to announce that it has received final approval from the U.S. Forest Service regarding the Company's Notice of Intent to conduct an 8.5-line-km Controlled-Source Audio-Frequency Magnetotellurics ("CSAMT") geophysical survey over its "Dog Bone Ridge" target, Kilgore Gold Project ("Kilgore"), Clark County, Idaho. Full Story |
By: Ian Cassel - 18 October, 2009
I’ve been invested in Gold Resource Corporation (sym: GORO) since its IPO in 2006. Gold Resource Corporation anticipates gold production by year end 2009. Since day one, management has been positioning the company to be in the elite class of low cost gold producers. Companies such as Agnico-Eagle (AEM), Yamana Gold (AUY), and Goldcorp (GG) operate in this group and trade at PE’s that are two-three-four fold higher than average cost gold producers. Full Story |
By: Ian Cassel - 14 October, 2009
I remain bullish on TLR even since my write up in mid July when the stock was at $0.40. There are not many mining companies that exist that own their own drilling company and have a gold mine fully funded to production by the largest independent underground mining contractor in the country, Small Mines Development (SMD). Wall Street is starting to wake up to this rare low risk/high reward situation. Full Story |
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By: Terrane Metals Corp. - 13 October, 2009
Robert Pease, President and CEO, Terrane stated: "Fourteen months ago Mt. Milligan was a great project. Today, with reduced technical and capital cost risk, increased mine life and enhanced sustainability for the region, it is even better. Backed by six million "shovel-ready" ounces and a 22 year reserve base, it is one of the largest undeveloped gold reserves in Canada. With a market capitalization of approximately US$44 per reserve ounce, Mt. Milligan and Terrane are well-positioned for growth."
Chuck Jeannes, President and CEO, Goldcorp Inc. stated: "We are very pleased with the Feasibility Update Study. Not only did it hold the line on costs but it also significantly boosted reserve ounces and mine life. Terrane has clearly grown Mt. Milligan into a major, construction-ready, copper-gold project with an opportunity for outstanding net operating margins. Goldcorp, as majority shareholder, remains committed to working closely with the Terrane Board of Directors to unlock value for all shareholders at Mt. Milligan." Full Story |
By: Timberline Resources Corporation - 13 October, 2009
Timberline Resources Corporation (NYSE Amex:TLR) ("Timberline") announced today that it has completed an updated calculation of the estimated gold mineralization at its Butte Highlands Gold Project joint venture. Full Story |
By: Timmins Gold Corp. - 8 October, 2009
Timmins Gold Corp. ("Timmins Gold") (TSX-V:TMM - News) is pleased to announce that Sprott Asset Management LP, for and on behalf of certain of the Sprott funds, has agreed to provide USD$15 million senior secured financing to fund the development of Timmins Gold's wholly-owned San Francisco gold project in Sonora, Mexico ("San Francisco" or the "Project"). Full Story |
- Above are the latest 10 stock reports. Older reports can be found in our archives. -
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