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Rye Patch Gold Corp. (TSX.V: RPM; OTCQX: RPMGF; FWB: 5TN) (the “Company” or “Rye Patch”) reports its production results for the third quarter of 2017 (Q3) at the Company’s flagship Florida Canyon mine in the state of Nevada.
When you read about Victoria Gold beginning to build a mine or Alexo getting ready to put an old mine into production, the part of the story which is not obvious is where the workers for those mines are going to come from. Yukon’s population is roughly 36,000 people. Not very many.
Victoria Gold Corp. (TSX VENTURE: VIT) (“Victoria” or the “Company”) is pleased to announce the receipt of assays from the first of four drillholes that targeted previously untested areas adjacent to and below the 2016 Eagle Gold Mine Updated Feasibility Study pit boundary, the Eagle Deep target. These four holes were drilled to demonstrate the upside mineralization potential of the Eagle Gold Mine by highlighting the consistency of the gold mineralization beyond the currently envisioned pit walls and was executed as part of the on-going 2017 Dublin Gulch (the “Property”) exploration campaign.
“My job is to increase value for shareholders,” said Phillip Walford, CEO of Marathon Gold (T.MOZ). Increasing value for Marathon shareholders at its Valentine Lake Gold Camp, in central Newfoundland, means drilling. And drilling means a steady flow of results. In Marathon’s most recent release Walford stated, “The high-grade areas tested to date in the Main Zone of the Leprechaun Deposit are much better defined by our recent drilling. Four drill rigs are continuing to add to the resources at both the Marathon and Leprechaun Deposits. We are on track to complete the property-wide resource estimation by early November and begin the PEA.”
Marathon Gold Corporation (“Marathon” or the “Company”) (TSX:MOZ) is pleased to report very positive results from new drilling at the Marathon Deposit, Valentine Lake Gold Camp, central Newfoundland. Additional infill drilling, down through the 75-100-meter wide and more than 500-700-meter deep mineralized corridor of the Marathon Deposit, has further confirmed the continuity of good gold grades throughout the corridor with 1.88 g/t Au over 225 meters including 4.87 g/t Au over 25 meters and 3.38 g/t Au over 25 meters in MA-17-213 (Figure 1). Drill holes drilled across the main mineralized corridor also intercepted numerous high-grade intervals including 7.21 g/t Au over 7 meters in MA-17-201, 3.59 g/t Au over 18 meters in MA-17-206, 12.65 g/t Au over 3 meters in MA-17-207, 2.19 g/t Au over 22 meters in MA-17-204, and 4.04 g/t Au over 7 meters in MA-17-209. Drilling toward the southwest end of the current resource pit shell also intersected significant mineralization with 8.46 g/t Au over 5 meters in MA-17-203, 3.44 g/t Au over 3 meters in MA-17-210, and 3.57 g/t Au over 3 meters in MA-17-208.
“I going to share something with my readers that no one has ever mentioned that you really want to think about. Pretend for a moment that the lava never covered the sand and gravel and turned it into hard rock. Instead of this being a 5-20 meter thick hard rock conglomerate, it’s a simple 5-20 meter thick sand and gravel bed with gold nuggets in it.
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“Buy low, sell high” is both the most obvious and most difficult investment strategy. Back in late 2014, Patrick Donnelly, President of First Mining Finance (T.FF) knew one man in the Canadian mining industry who had managed to execute on that strategy: Keith Neumeyer.
“As a result, the Vancouver-based company has been able to quickly expand the known gold mineralization along strike and at depth and is finding multiple new mineralized horizons within the 105 square kilometre land package.
Cartier Iron Corporation (CSE:CFE) (“Cartier Iron” or the “Company”), is pleased to announce that it has signed a Letter Agreement to earn a 100% interest (“Acquisition”) in the Big Easy Property (“Property”), consisting of 1 Mineral Rights Licence, which includes 278 mining claims covering 69.5 km2, all located in the province of Newfoundland and Labrador. The Property is readily accessible from the Trans-Canada Highway and local roads. The north end of the Property is located approximately 20 kilometres northwest of the town of Clarenville with St. John’s approximately 220 km southeast of the Property.