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 onto Something Big
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DANIEL EARLE, Newcrest, TD Securities
(03/09/2010)
"The company provided an update of its progress drilling the F2 Gold System of its Phoenix Project (100%) within the Red Lake camp of north-western Ontario. The drill results suggest to us the continued expansion of the '122 Area' and the Core Zone to depth and mark the discovery of a new area of mineralization. More importantly, the company released the first level plans from the F2 Gold System, which demonstrate the advanced nature of the exploration project and provide considerably insight to the deposit. Continued expansion of the '122 Area' with underground hole 122-46B cutting 9.3 g/t over 12.7 m, approximately 180 m below and 80 m west of hole 122-10 (13.7 g/t over 44.9 m), which we believe marked the discovery of a new high-grade structure in Sept; and continued extension of the Core of the F2 Zone (the original and best defined high grade structure in the F2 Gold System) to depth with holes 122-43 intersecting 23.1 g/t over 3.5 m) at approximately 550 m depth. Drilling now suggests a minimum depth extent of 800 m. Surface drilling intersected 4.5 g/t over 17.0 m in hole F2-85, in an area west of and parallel to the core and south-western target areas which the company is now calling the 'West Limb Area.'" |
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