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 >
EVG Completes 63-Hole, 20,000m Drill Program
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JOE MAZUMDAR, Haywood Securities
(11/09/2010)
"The Rattlesnake Hills property has the potential to host bulk-tonnage gold targets and compares favorably to the Cripple Creek District in Colorado. The company has recently completed its 63-hole, 20,000m drilling program, which tested extensions of known mineralization in the North Stock and Antelope Basin targets. Some of the reported results from step-out drill holes to the south and west of the Antelope Basin include 1.26 g/t over 128m, including 2.40 g/t gold over 42.6m, where mineralization remains open in all directions. At the same time, recent drilling at depth at the North Stock Zone reaffirms the viability of breccias at depth. Intercepts include 1.84 g/t gold over 161.5m, incorporating 3.14 g/t gold over 76.2m (starting at 163m and 172m, respectively) in hole RSC¬126 and 1.03 g/t gold over 224m, including 2.21 g/t gold over 29m (starting at 64m and 172.2m, respectively) in hole RSC-128. We anticipate remaining assay results in Q410 to Q111 at Rattlesnake Hills, along with the drilling and metallurgical test results, to culminate in an initial NI 43-101 resource estimate by Q211–Q311. Evolving Gold's 2010 budget of $4M for Rattlesnake Hills is well supported by the company's current treasury of $25M." |
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