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Golden Reign Resources Ltd TSXV:GRR announced assay results from the Las Conchitas area of its San Albino-Murra gold property in Nueva Segovia, Nicaragua. Highlights include 62.96 g/t gold and 61.7 g/t silver over 3 metres …
Meadow Bay Gold Corporation TSX:MAY announced results from its Atlanta Gold Mine project in Lincoln County, Nevada. Assays include 1.99 g/t gold and 13 g/t silver over 105.2 metres …
PMI Gold Corp TSXV:PMV announced assays from its Obotan Gold Project in Ghana. Highlights include 4.25 g/t gold over 72 metres …
Kilo Goldmines Ltd TSXV:KGL announced assays from the Adumbi Deposit of its Somituri Project in northeast Democratic Republic of the Congo. Highlights include 3.09 g/t gold over 33.7 metres …
Cadillac Mining Corporation TSXV:CQX announced drill results from its Goldstrike project in southwestern Utah. Highlights include 1.08 g/t gold over 73.1 metres …
Volta Resources Inc TSX:VTR announced results from its Kiaka gold project in Burkina Faso, West Africa. Assays include 0.95 g/t gold over 69 metres …
… Capex costs are quite low—say $50 million to $100 million only—and it has very nice little cash-cow potential …
… There’s no other company and no other place we know of that has a graphite discovery of this magnitude—a cumulative 320 kilometres …
… With all the drilling we’ve done, [we’re] starting to connect the dots …
… We’re going to keep drilling it out and defining the resource, to keep pushing this as fast as we can towards production …
… What we’re also doing in 2012 is bringing on the engineering program. We’ll commence that within the next month or two, and that will really detail the timeline to production. We hope by the end of 1Q 2013 to issue our preliminary economic assessment …
… We have a great project with an NPV up to $1 billion but a market cap of less than $25 million, so there’s a big disconnect there …
… We think this will show that the Belcher Islands are a new Canadian iron-ore district …
… Bigar Hill’s been a tremendous success. We’re calculating a resource there that will be complete, I’m guessing, by the end of April …
Golden Reign CEO Kim Evans on Nicaragua gold assays of 85.86 g/t over 2m ...Read More… Capex costs are quite low—say $50 million to $100 million only—and it has very nice little cash-cow potential …
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