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 Results Continue to Impress
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ANDREW KAIP, BMO Capital Markets
(12/16/2009)
"Rubicon announced further assay results from ongoing drilling at the Phoenix project in Red Lake, Ontario. The current program is testing a 1200m x 1600m area. The recent results highlight drilling from the Northeastern Area and Southwestern Area, including the 122-10 Zone. Drilling in the Northwestern Area continues to intersect gold mineralization and has outlined a 400m-wide corridor. Recent results highlight high-grade gold potential but over narrow widths, including 70.7g/t gold over 0.6m, 45.5g/t gold over 1m and 10.7g/t gold over 3m. Further drilling is required to provide an understanding of continuity within this area. Infill drill results in the 122-10 Zone, including 7.4g/t gold over 9m, highlight the potential of this evolving gold zone, which has now been intersected for 100m along strike and 400m vertical. RMX has drilled a sufficient number of holes to provide a more concrete understanding of the continuity of mineralization in the 122-10 Zone. Exploration at Phoenix remains at an early stage. Drilling is ongoing and Rubicon plans to begin a 158m drill program in 2010 to expand and further delineate the dimensions of known areas of gold-bearing zones." |
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