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 >
SUE: Shahuindo Exploration Underway
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ERIC ZAUNSCHERB, Canaccord Genuity
(09/09/2010)
"Sulliden announced that its 2010 exploration program on the Shahuindo gold project is now underway. The program consists of a 30,000m exploration campaign with completion expected by year-end. From our site visit, we know that infrastructure [at Shahuindo] is quite good, the ground is unchallenging and altitude is not an issue. . .A November 2009 resource estimate focused on oxide mineralization amounting to 44.5 Mt. grading 0.58 g/t Au and 13.2 g/t Ag, plus 17.7 Mt. grading 0.49 g/t Au and 6.0 g/t Ag. . .the 30,000m drill program should yield considerable news flow leading to a full feasibility study targeted for completion at the end of Q111. We are particularly interested in the results of ongoing studies examining the variation in metallurgy with depth. Aggressive mine permitting and construction may see commencement of production in mid-2012. An increased resource would likely translate to a throughput rate higher than anticipated in the PEA." |
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