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 >
BRD's Gold Resources
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MIKE NIEHUSER, Beacon Rock Research
(05/31/2010)
"The combined proven and probable reserves of the two companies [Apollo and Linear] will total about 2,360,400 oz. gold grading 2.3 g/t. The primary producing asset is the Black Fox mine with 6,460,000 tons, grading 6.4 g/t, containing 1,330,000 oz. gold for open pit and underground mining. Total gold production at the Black Fox project in 2009 was 52,961 oz. . .scheduled to step up to 90,000–100,000 oz. in 2010. The increase includes an estimated 16,000 oz. gold mined from higher grades below the proposed open pit. . .production is expected to increase to 105,000–115,000 oz. in 2011, and then level off at 120,000 oz. in 2012 for the next several years. Gold production from underground mining is estimated at 40,000 and 60,000 oz. for 2011 and 2012, respectively. Brigus' other reserves include its Goldfields project near Uranium City, in northern Saskatchewan. . .the project includes the open pit Box and Athona deposits, with potential production as early as 2013. The Box deposit has a 14.9Mt gold resource grading 1.4 g/t and containing 685,900 oz. gold. The Athona deposit has a gold resource of about 10.5Mt, grading 1.0 g/t containing 344,500 oz. gold. As scheduled, the Goldfields project might provide gold production of 67,000 oz. gold in 2013, increasing to 73,000 oz. gold in 2014, for combined gold production of 187,000 oz. and 193,000 oz. in 2013 and 2014, respectively." |
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