The Gold Report
Notable Quotes
"ICG has closed a CA$2.5M flow-through placement." (12/24/15) Integra Gold Corp. - Thibaut Lepouttre, Caesars Report More >
"The exploration upside at MAG's Juanicipio project is substantial." (12/23/15) MAG Silver Corp. - Gwen Preston, Resource Maven More >
"AKG's management continues to deliver on its development milestones." (12/22/15) Asanko Gold Inc. - Nana Sangmuah, Clarus Securities More >
"We are initiating coverage on KDX with a Buy rating." (12/21/15) Klondex Mines Ltd. - Don Blyth, Paradigm Capital More >
"VIT's Eagle is a shovel-ready, fully permitted, prefinanced gold project." (12/17/15) Victoria Gold Corp. - Tom Hayes, Edison Investment Research More >
XG Soars on Impressive Zoe Discovery
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Struthers Resource Stock Report (04/27/2011)
"Extorre Gold Mines shot up on impressive initial drill results from the recently discovered Zoe Vein at its high-grade Cerro Moro gold-silver project in Argentina. While Zoe remains very early stage, the company is suggesting it has discovered a high-grade Ag-Au zone 2.5 km. east of the last known significant Escondida mineralization (the Martina shoot). Assays have been released from 3 of 21 diamond drill holes completed to date at Zoe. The Zoe target occurs on an east-west dilation zone and has now been tested over ~500m of strike and remains open over about 2 km; mineralization is blind starting at 80m depth. The highlight hole MD1204 intersected 4.84m at 64.6 g/t Au and 7,530 g/t silver (215.2 g/t Au Eq., using 50:1), including 1.36m at 227.3 g/t gold + 25,428 g/t silver (735.86 g/t Au Eq., using 50:1). Intercepts are believed to be within 10%–15% of true width. While these intersections are impressive, more importantly, additional drilling has visually intersected similar mineralization along strike. This suggests that drilling has just entered the mineralized zone and that mineralization continues at depth. The company is now defining the discovery with two drill rigs. One rig is performing 160m stepouts, while the other drilling at 80m centers. Plans are to include Zoe in the next Q3 resource update. We are up huge on this stock in the past six months." |
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