Marathon’s Exploration Drilling of Bog Area between Marathon and Sprite Deposits Hits 7.27 g/t Au over 5.0 meters and 2.93 g/t Au over 5.0 meters, Valentine Lake Gold Camp, Newfoundland PEA on Schedule for mid-May completion
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Tag: gold
Dundee Precious Metals announces 2017 Fourth Quarter and Annual Results and 2018 Guidance
All monetary figures are expressed in U.S. dollars unless otherwise stated)
Annual Financial and Operating Highlights:
Bonterra Announces $21.5 Million Private Placement
Bonterra Resources Inc. (TSX-V: BTR, US: BONXF, FSE: 9BR1) (the “Company” or “Bonterra“) is pleased to announce that it has entered into an agreement with Sprott Capital Partners to act as lead agent (the “Lead Agent“), on its own behalf and, if applicable, on behalf of a syndicate of agents (collectively with the Lead Agent, the “Agents“), in connection with a marketed private placement to raise gross proceeds of $21,495,000 (the “Offering“).
Cartier Cuts 4.7 g/t Au over 5.1 m Including 17.7 g/t Au over 0.5 m at Chimo Mine
Cartier Resources Inc. (TSX VENTURE:ECR) (“Cartier”) is pleased to announce new results from its ongoing 30,000-m drill program on the Chimo Mine property, situated 45 km east of Val-d’Or. These new results were intersected at a depth of 650 m along the extensions of Zones 5N and 5M.
Rye Patch Gold Hires Chief Operating Officer
Rye Patch Gold Corp. (“Rye Patch” or the “Company“) (TSX.V: RPM; OTCQX: RPMGF; FWB: 5TN) is pleased to announce the appointment of Mr. Douglas M. Jones, B.Sc. Mining Engineering, as the Company’s Chief Operating Officer.
Enforcer Gold Prepares to Drill the OR79 Discovery at the Montalembert Gold Project
Enforcer Gold Corp (“Enforcer” or the “Company”) (TSX-V: VEIN; FSE: N071) is pleased to announce it has further refined drill targets for its 1,500 m diamond drilling program on the newly discovered OR79 zone at the Company’s Montalembert gold project.
TerraX Winter Drilling
It’s cold up in Yellowknife NWT. Which suits TerraX Minerals (V.TXR) because it means the company can deploy its drill rigs across the frozen ground with a minimum of environmental disturbance.
TerraX Begins 2018 Winter Drill Program at Yellowknife City Gold
TerraX Minerals Inc. (TSXV: TXR) (FSE: TX0) (OTC Pink: TRXXF) is pleased to announce that it has commenced its 2018 winter drill program at its Yellowknife City Gold project, immediately adjacent to the City of Yellowknife in the Northwest Territories. The initial program will total approximately 6,000 meters and incorporate up to three dill rigs to test dip and strike extensions of the Sam Otto and Crestaurum deposits (see map here).
ENFORCER GOLD DISCOVERS NEW MINERALIZED “OR79” ZONE
Enforcer Gold Corp (“Enforcer” or the “Company”) (TSX-V: VEIN; FSE: N071) is pleased to report on a new zone of mineralization named the OR79 zone located approximately 1.5 km west-southwest of the Galena-No.2 vein area at the Company’s Montalembert gold project.