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 >
High Grades Intersected Outside of F2 Zone
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ANDREW KAIP, BMO Capital Markets
(09/14/2009)
"Rubicon Minerals announced assay results from additional holes from ongoing drilling at the Phoenix project in Red Lake, Ontario. With the intersection of a substantial zone of high-grade gold mineralization in hole 122-10, RMX looks to have identified a new F2-like zone of structurally controlled mineralization. Hole 122-10 intersected 45m of 13.7g/t gold, including a higher-grade core of 28.4g/t gold over 18.0m at a depth of 673m below surface. Further drilling is required before the true widths of reported intercepts can be determined. Previous step-out drilling demonstrated the geologically prospective potential of the trend, but had yet to identify a structure comparable to the F2 zone. Hole 122-10 is a significant step for RMX in identifying look-a-like structures to the F2 Zone. BMO Research expects that RMX will focus drilling on this area and beginning delineating the dimensions of this new zone. Five rigs are active on the project, three on surface and two underground on the 122-metre level. The planned drill program is testing a 1,200m by 1,600mtarget area." |
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