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If Artemis survives for the next 100 years, it will be the very best deal they will have ever done. Quinton Hennigh has literally handed them a gold mine. He took a piece of ground they put no value on and applied his theory to show that the potential is large indeed.
The company’s stock nearly tripled from 96¢, only to gain another 33¢ to $3.15 per share on Aug. 8, when assay results of a 700-kg bulk sample delivered 87.8 grams gold per tonne and 46.1 grams per tonne.
Legendary diamonds have long been associated with imperial dynasties. Now, just as a new book promises to revive interest in the multi-empire story of the fabled Koh-i-Noor gem, Alrosa has unveiled a suite of five stones commemorating great families of old Russia. In doing so, the mining giant marks a new emphasis not just on extracting exceptional stones, but cutting and polishing them too. The company says it will use state-of-the-art techniques to revive traditions dating back to Peter I.
“This is an era of unprecedented change, it’s really happening,” Friedland said. “The handwriting is on the wall. For those of you who deny this phenomenon, you’re going to miss this massive disruption opening soon at a theatre near you.”
Large-cap gold companies are in crisis mode—that’s the truth. Most of them have operational costs, which are near or at $1,250, so they’re employing thousands of workers daily, dwindling their only asset, gold, and at the end of the day, they have little to show for it.
Purdy’s Reward sits within a granted Exploration Licence (E47/1745) which covers an area of 29km2
and sits approximately 16km east of Artemis’s fully permitted Radio Hill processing plant and
associated infrastructure. This exploration licence has heritage survey clearance and valid Programmes
of Works with the DMIRS.
Balmoral Resources Ltd. (TSX:BAR) is pleased to announce that it has entered into an agreement with PI Financial Corp. as lead agent on behalf of a syndicate of agents, pursuant to which the Agents have agreed to offer 4,225,000 national flow-through common shares of the Company at a price of C$0.71 per National FT Share for aggregate gross proceeds of C$2,999,750 read more at Balmoral
We’ve been talking to Paul Gill, President and CEO of Lomiko Metals (V.LMR), for several years as the company has evolved. Lomiko’s goal has always been to develop graphite properties in Quebec. But like many graphite producers, the questions of timing, grade, purity and CAPEX have all had impacts on Lomiko’s path forward.
MotherlodeTV.net is now live. We produce original material about the Canadian junior mining and exploration sector. We also act as a clearing house for news, press releases and video about junior resource companies.
Red Eagle Mining (TSX: R; US-OTC: RDEMF) announced first gold at its San Ramon underground gold mine in Colombia in late 2016, but ramp-up at the operation hasn’t exactly been going according to plan.