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 >
RBY: Recent Drilling Very Positive
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JOHN GRAHAM, Macquarie Capital Markets
(10/21/2009)
"Rubicon announced assay results for nine holes and three wedge holes from the F2 Zone at its 100% owned Phoenix Project in Red Lake, Ontario. . .The best intercept was underground hole 122-09, which was reported as 457.4g/t over 0.5m, at a depth of (approximately) 250m. However, we highlight holes F2-77 and F2-64-W1 as having the most significant impact. The holes extend the high grade (+30g/t) system materially along strike and at depth (see below). Hole F2-77 intersected 49.5g/t over 0.5m and hole F2-64-W1 intersected 80.7g/t over 0.7m. Rubicon continues to extend the range of the high grade along strike and at depth. . .In our view, recent drilling has potential to increase our assumed volume of the mineralized envelope by well over 75%—obviously having a material impact on contained ounce assumptions (at grades in the 15-16g/t range)." |
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