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“This has been a very exciting exploration season for us; as our VP Exploration,” Paul Gray says. “Every target we drill on the property, we find gold.” Based on the successful results across numerous targets, we are pleased to announce that the 2017 exploration budget has been more than doubled, from $6.2M to $12.5M. August 28 VIT press release
TORONTO, ON–(Marketwired – August 28, 2017) – Victoria Gold Corp. (TSX VENTURE: VIT) “Victoria” or the “Company” is pleased to announce analytical results from 12 additional Shamrock drillholes from the 2017 Dublin Gulch exploration campaign. Highlighted results from these recently received drillholes include, 39.6m of 1.04 g/t Au in drillhole DG17-818C, 22.5 metres of 2.78 g/t Au in hole DG17-848C and 16.5 metres of 2.24 g/t Au in drillhole DG17-845C.
VANCOUVER, Aug. 24, 2017 /CNW/ – Rye Patch Gold Corp. (TSX.V: RPM; OTCQX: RPMGF; FWB: 5TN) (the “Company” or “Rye Patch”) is pleased to announce that its financial statements and management’s discussion and analysis for the second quarter (“Q2”) ended June 30, 2017 have been filed with the securities regulatory authorities and are available at www.SEDAR.com and on the Company’s website.
Goldcorp (TSX: G; NYSE: GG) has found a foothold in northwestern B.C.’s historic Golden Triangle region with a plan to inject $7.2 million into Colorado Resources (TSXV: CXO) to gain exposure to the junior’s 305 sq. km KSP gold-copper property.
Glen Eagle Resources Inc. (Montreal, Quebec, August 23, 2017; TSX VENTURE: GER) (“Glen Eagle” or the “Company”) is pleased to report that Cobra Oro, a wholly owned Honduran subsidiary of Glen Eagle, has produced 223 ounces of gold and 1305 ounces of silver, representing approximately $CDN 380 000 in dore bars between July 1 and August 15, 2017. The cash flow after consideration of All-In Sustaining Cost (“AISC”) was approximately $CDN 150 000 for the period. These results represents an important turnaround from Q2 2017 where the Company sold $285 000 in dore bars due to aggressive upgrading works at its CIL gold plant as previously reported in a News Release dated June 15, 2017.
Canadian based Telson Resources Inc. is advancing two gold, silver and base metal projects towards production over the coming months of 2017 and early 2018.
Resource Maven Gwen Preston announced over the weekend she’d be purchasing stock in Velocity Minerals Ltd. (VLC:TSX.V) at market open today (Aug. 21). She anticipated positive drill results from the company’s first holes at the Rozino project, located within the Tintyava prospecting and exploration license in southeast Bulgaria.
Klondike Gold was sent to the naughty corner for the paid article it had OilPrice.com.
Victoria Gold’s (CN:VIT) timing could be perfect. With gold-mining majors struggling to replace ounces through their internal exploration efforts, commentators are increasingly of the opinion that the market is entering a new phase of merger and acquisition activity. Victoria expects to be near the top of that list as few companies have a fully-permitted, shovel-ready gold project in a stable jurisdiction that will produce about 200,000 ounces of gold a year. And exploration at its Dublin Gulch property in Yukon, Canada continues to increase its scale potential to boot. go read the whole thing at the Mining Journal
Fresh from a series of financial transactions with Robert Friedland’s High Power Exploration, Mario Stifano CEO of Cordoba Minerals (V.CDB) has recommenced drilling at the high-grade, near-surface Alacran Deposit, located within the San Matias Copper-Gold Project.