Golden Arrow drilling at Antofalla, Argentina
Golden Arrow (V.GRG) has commenced drilling on its new Antofalla silver-gold-base metal property in Catamarca province.
Tag: gold
Turning Money into Gold | Victoria Gold
Mining Victoria Gold’s (V.VIT) Eagle Gold Project at Dublin Gulch in Yukon literally means taking off the side of a small mountain. That mountain hosts a National Instrument 43-101 compliant Reserve of 2.7 million ounces of gold at .67 gpt. Operating costs are estimated at US$550 per ounce and the mine is designed to produce approximately 200,000 ounces of gold per year in full operation.
Grizzly Discoveries: Gold in British Columbia
“I am not your typical CEO,” said Brian “Griz” Testo. “I was a prospector/developer during the Alberta diamond rush. One year I was flying down to PDAC and I met Pam Strand. She introduced me to Mike Dufresne. They told me if I wanted to develop properties the way I thought they should be developed I needed to have my own company. So with their help I started Grizzly Diamonds. Other opportunities came along and we switched the name to Grizzly Discoveries (V.GZD).”
Pacton Gold Appoints Sprott Capital Partners as Advisor
Pacton Gold Inc. (TSXV: PAC) (the “Company” or “Pacton”) is pleased to announce the appointment of Sprott Capital Partners as advisors to assist the Company with its awareness and marketing arrangements, including providing strategic capital advice to the Company.
Pacton Gold Settles Debt for Shares
Pacton Gold Inc. (TSXV: PAC) (the “Company” or “Pacton”) announces that it has agreed, subject to the acceptance of the TSX Venture Exchange, to settle $550,000 worth of debt to arm’s length parties by the issuance of 1,833,333 common shares of the Company at a deemed price of $0.30 per share. All shares issued pursuant to the debt settlement will be subject to the standard four month and one day regulatory hold periods.
Victoria Gold on the CBC
A 500 million dollar mine is big news. Big enough to rate a mention on the CBC.
TerraX Winter Drilling Extends Sam Otto Zone with 1.5 km Step-out Hole, Confirming a 2.2 km Long Mineralized Zone Open Along Strike and at Depth
TerraX Minerals Inc. (TSXV: TXR) (FSE: TX0) (OTC Pink: TRXXF) is pleased to announce assay results from the first 5 holes (2,003 m) of its 2018 winter drill program now underway on the Yellowknife City Gold project. Two of these holes (688 m) tested the Sam Otto South extension, confirming a 2.2 km mineralized zone that remains open along strike and at depth. These holes were drilled as a follow up to our surface sampling program done in 2017 (news release of Sept 26, 2017). That program indicated the Sam Otto zone may extend for 3.5 kilometers south of the main zone which was drilled over 750 m of strike length in 2016. Hole TSO18-035 was collared 1.5 kilometer south of the Sam Otto main zone and intersected a broad zone of deformation and alteration (150 m wide) that contained a mineralized zone assaying 2.16 g/t Au over 27.16 m, including 1 m of 23.1 g/t Au, and 2.44 m at 7.99 g/t Au.
Victoria Gold is Building a Mine
We’ve been reporting on Victoria Gold (V.VIT) for several years. CEO John McConnell has been convinced that there would be a mine at the Eagle Deposit Dublin Gultch in the Yukon. Today’s press release announcing a Comprehensive C$500 Million Financing Package for Eagle and Continuation of Construction Activities means that Victoria is financed right through until commercial production.
Victoria Gold Announces Comprehensive C$500 Million Financing Package for Eagle and Continuation of Construction Activities
Victoria Gold Corp. (TSX.V:VIT) “Victoria” or the “Company” is pleased to announce that it has entered into documentation with Orion Mine Finance (“Orion”), Osisko Gold Royalties Ltd (“Osisko”) and Caterpillar Financial Services Limited (“Caterpillar Financial”) with respect to a construction financing package totalling approximately C$505 million in aggregate (the “Financing”) that will fully fund the development of the Eagle Gold project through to commercial production. The Financing is comprised of:
Grizzly Provides Greenwood Property Update and 2018 Exploration Plans
Edmonton, Alberta–(Newsfile Corp. – March 6, 2018) – Grizzly Discoveries Inc. (TSXV: GZD) (OTC Pink: GZDIF) (FSE: G6H) (“Grizzly” or the “Company”) is pleased to announce that it has submitted permit applications to conduct drilling at three targets, all located within its Greenwood Project area in southern B.C., including the Ket28, Motherlode North and Dayton targets.