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 >
ARZ: Good Infill Results at Casa Berardi
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MICHAEL FOWLER, Loewen, Ondaatje, McCutcheon Limited
(06/15/2010)
"The company reported the results of 68 infill holes located at the Casa Berardi mine in northwestern Quebec. The objective of the program was to increase the quantity and quality of the mineral resources previously defined in the principal area and to provide information for a prefeasibility study of a potential open-pit mine. The drilling results were positive, showing 33 holes having a metal factor (true width times the gold grade in g/t) of 50 or higher. Generally, as a rule of thumb, a metal factor of 20 or more would be considered economic. We suspect the company delivered on its objectives as a result of the drilling. A new resource estimate is expected to be released in the third quarter. We continue to rate the shares a Speculative Buy with a $6.50 target. A positive prefeasibility study at Casa Berardi is an important element towards improving the share price." |
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Under SEC rules, analysts are required to disclose their interest in securities that they cover. We strongly encourage you to contact them to understand any potential conflicts of interest they may have.
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