Best Conference Presentation Ever
Quinton Hennigh of Novo Resources (V.NVO) took to the Denver Gold Forum and presented a live feed from Western Australia. Not often do you see geos digging nuggets out of the ground.
Tag: gold
Second Placer Project for Metallic Minerals
Metallic Minerals (V.MMG) announced its second placer agreement in the Yukon. This one is for a mile of claims along a bench of Dominion Creek. Metallic acquired these claims and then executed an exclusive mining agreement with an experienced placer outfit. Metallic will retain a 15% royalty on all the gold mined.
Victoria Gold: 64.0m @ 0.52 g/t Au at the Eagle Extension Zone, Dublin Gulch, Yukon
Immediately Adjacent to the Eagle Western Pit Wall
Victoria Gold Corp. (TSX VENTURE: VIT) (“Victoria” or the “Company”) is pleased to announce the receipt of additional analytical results from the on-going 2017 Dublin Gulch (the “Property”) exploration campaign. These latest results are from the 14 exploration drillholes completed on the Eagle Extension Zone, a previously under-tested area immediately west of the proposed Eagle Gold Mine, that has identified new near-surface gold mineralization in an easily accessible area.
GoldReport rounds up VIT analysis
The Gold Report puts together analysis of Victoria Gold from Raymond James, Echelon and PI Financial. Well worth seeing why each of these firms see VIT as a buy with a target price of $0.90 to $1.00. At the moment VIT is trading at $0.48.
First Mining Finance Announces Positive Preliminary Economic Assessment for its Springpole Gold Project
Estimated after-tax NPV5% of US$792 million and 26.2% IRR for the Springpole Gold Project at base case long-term precious metal prices
First Mining Finance Corp. (TSX:FF) (OTCQX:FFMGF) (FRANKFURT:FMG) (“First Mining” or the “Company”) is pleased to announce the positive results of an independent Preliminary Economic Assessment (“PEA”) for its Springpole Gold Project (the “Project”) in northwestern Ontario, Canada. The PEA was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”) by SRK Consulting (Canada) Inc. of Vancouver, Canada. The PEA describes the potential technical and economic viability of establishing a conventional open-pit gold mine-and-mill complex for the Project. The base case scenario utilizes long-term metal prices of $1,300 per ounce (“oz”) of gold (“Au”) and $20 per oz of silver (“Ag”).
Golden Predator (V.GPY) at Beaver Creek
Bill Sheriff, Chairman of Golden Predator (V.GPY) presented at the Beaver Creek Precious Metals Summit.
Marathon Gold at Beaver Creek Precious Metals Summit
Phil Walford, Marathon Gold (T.MOZ) CEO, presented at the Beaver Creek Precious Metals Summit.
Echelon on VIT’s new holes
“Results were characterized by relatively shallow intercepts (mostly within 100m down-hole), averaging 12.3m overall and returning an average grade of 0.78g/t Au and 12.82g/t Ag. True widths are estimated at between 70% to 80% of interval lengths. The results compare well with grades from recent work at Olive and Shamrock, and particularly with Shamrock insofar as being fairly shallow. Drilling at Spinach tested an area of approximately 400m by 400m. For comparison, the Eagle Gold deposit, which is now under construction, contains Proven and Probable reserves of 2.7Moz Au grading 0.67g/t Au, part of a wider resource containing 4.0Moz Au grading 0.65g/t Au in Measured and Indicated resources, and a further 0.5Moz Au grading 0.61 g/t Au in Inferred resources.”
Bonterra at Beaver Creek Precious Metals Summit
Bonterra’s VP Exploration did the presenting honours for Bonterra at the Beaver Creek Precious Metals Summit.
Red Cloud on Victoria Gold
“We expect continued exploration success to be a positive catalyst for the stock and should help demonstrate the exploration upside that exists on the property. Victoria currently trades at a discount on a per ounces basis, or C$31/oz versus peers at C$57/oz, which we believe does not take into account the exploration potential of the Dublin Gulch property or that the
project has just transitioned from shovel ready to under-construction.”