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 >
Initial Metallurgical Leach Results Positive
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Andrew Mikitchook,
BMO Capital Markets
(02/04/2011)
"The main takeaway from these results is that the Portage mineralization has been reconfirmed to be amenable to cyanidation. The range of recoveries confirms, and appears to improve, the historical results by Lakefield that returned 70%–85% recoveries. More detailed metallurgy to follow—larger and more numerous samples will be sent for detailed testing of leach characteristics at different grind sizes, as well as likely testing floatation results to allow modeling of processing scenarios for the Q3 PEA. Three rigs are currently drilling from the ice with the first three holes completed. The main goal of the drill program will be to infill and delineate the current known 950m strike for inclusion into a resource and PEA in Q3. The first results are expected in the next weeks. We maintain our BUY rating."
For more independent commentary, click here: Gold Canyon Resources Inc. GCU:TSX.V |
More Experts
"We expect PGLC's Relief Canyon site to be meaningfully advanced in 2016." (12/16/15) Pershing Gold Corp. - Heiko Ihle, Rodman & Renshaw More >
"ICG continues to stand out as one of the most active junior exploration companies globally." (12/9/15) Integra Gold Corp. - Michael Gray, Macquarie Equity Research More >
"We are initiating coverage on NMI with a Buy rating." (12/9/15) Newmarket Gold Inc. - Heiko Ihle, Rodman & Renshaw More >
"TV's mill throughput was up 19% MOM; zinc recovery improved by 9%." (12/9/15) Trevali Mining Corp. - Joseph Gallucci, More >
"THO pays a good dividend and produces at the lowest quartile costs." (12/9/15) Tahoe Resources Inc. - Gwen Preston, Resource Maven More >