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 >
Primero's Great Veins
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DAVID HAUGHTON, BMO Capital Markets
(01/27/2011)
"Primero announced a 3% increase in its proven and probable gold and silver reserves to 886 Ko.z Au and 62.9 Moz. Ag (5.9m at 4.69 g/t Au; 332 g/t Ag), respectively. Inferred resources also increased, with gold up 23% to 2.0 Moz. and silver up 16% to 179 Moz. . .BMO Research assumes increased mineable reserves based on historical resource conversion rates at San Dimas (+90%). The largest contributor to the reserve and resource increase was the Sinaloa Graben, where Primero expects in five years it will contribute 50% of the ore mined. Encouraging exploration results. . .and the newly discovered Aranza vein (2.75m at 10.3 g/t Au; 1,115 g/t Ag), indicate continued growth in the area. . .The company aims to grow reserves at a higher rate in 2011 with planned exploration spending of US$12M." |
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Under SEC rules, analysts are required to disclose their interest in securities that they cover. We strongly encourage you to contact them to understand any potential conflicts of interest they may have.
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