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 >
SSP: Clearly a lot of Upside
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LAURIE CURTIS, Clarus Securities Inc.
(09/16/2010)
"Toroparu represents a significant concentration of gold and copper (6 Moz. global Au resource and 488 Mlb. Cu), which may be a representation of the disseminated gold deposits being discovered in other domains in the Guyana Shield, such as Las Brisas in Venezuela. The deposit occurs within a major structural domain and multiple zones have yet to be tested. Project economics are enhanced by favorable infrastructure and the remarkably homogeneous nature of the gold distribution. Existence of a higher-grade starter pit (>1 g/t as exemplified by true width 50M—70m intercepts of 2 g/t) will accelerate future development of the Toroparu deposit. The Clarus review substantiated the strong probability that a conceptual 200 Koz./year gold project (260K gold eq.) can be developed at Toroparu based on the current resource model. Overall, the project appears to be situated within a major gold province with drilling success 400m to the northwest of the main zone as exemplified by DDH 80 (151m of 1.07 g/t Au and .04% Cu); in our view, there clearly is a lot of upside." |
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