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 >
Evidence of a "Bigger" Gold System
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BARRY ALLAN, Mackie Research Capital Corp.
(01/20/2009)
RMX released 10 additional intercepts for step-out hole #39. An earlier press release (December 11) had already reported a very high-grade intercept (1,575.6 g/t over 2.0 metres) that occurred higher up in the hole (119 metres). The 10 new intercepts occurred between 678 metres and 959 metres (down-hole length). The average of the additional intercepts reported was 6.0 g/t over an average of 4.3 metres (all intercepts diluted to a 2.0-metre minimum width), the best being 17.7 g/t over 2.0 metres – a good intercept by Red Lake standards (>14 g/t over 2.0 metres). The results illustrate that the mineralized gold body continues ~200 metres on strike with the F2 Main zone. Deposits in the Red Lake camp typically have a long vertical extent, reaching >2,500 metres in some cases. Hence, for F2 it is still early days, and good additional drilling results are highly probable. We continue to recommend RMX as a BUY, and believe that RMX's discovery is in the early stages of being defined. |
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