Wednesday 22nd November 2017

Resource Clips


All posts by Kevin Michael Grace - Resource Clips

Silver Wheaton CEO Randy Smallwood on HudBay Gold-Silver Production Deal

August 9th, 2012

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Agnico-Eagle CEO Sean Boyd on 2Q Results

July 29th, 2012

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Almaden CEO Morgan Poliquin on Mexico Tuligtic Gold Assays

July 11th, 2012

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BCGold CEO Brian Fowler on Engineer Mine Gold Concentrate Sale

July 2nd, 2012

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Rainy River CEO Ray Threlkeld on TPK and RRGP

June 22nd, 2012

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Confederation, Redstar report Ontario Gold Assays up to 5.51 g/t over 13m

June 22nd, 2012

Resource Clips - essential news on junior gold mining and junior silver miningConfederation Minerals Ltd TSXV:CFM and Redstar Gold Corp TSXV:RGC announced assays from the Newman Todd property in the Red Lake Gold District, Ontario. Highlights include

2.2 grams per tonne gold over 1 metre
1.1 g/t gold over 10 metres
2.23 g/t gold over 5 metres
1.21 g/t gold over 45 metres
(including 4.72 g/t over 4 metres)
5.71 g/t gold over 13 metres
(including 17.9 g/t over 3 metre)

Confederation President/CEO Lawrence Dick commented, “Drilling on section 1700, which is one of our more detailed sections, clearly shows continuity of the gold mineralization between drill holes. It is our belief that with additional drilling this continuity of gold mineralization exists on every cross-section throughout the Newman Todd Structure. The zone has been traced to a vertical depth of 600 metres, and there is regional geological evidence that suggests it may be several kilometres deep. It is management’s belief that this Red Lake-type system will extend to significant depth. Deeper drilling is planned.”

Confederation can earn a 50% interest in the project by spending $5 million in exploration by November 2013, and an additional 20% by producing a preliminary economic assessment by November 2016. To date Confederation has spent in excess of $5.0 million dollars on exploration, paid Redstar $100,000 and issued 200,000 shares. During the earn-in period, Confederation is the operator of the project.

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Confederation Minerals Ltd
Lawrence Dick
President/CEO
604.688.9588

Redstar Gold Corp
Tim Mikula
Business Development
604.488.0051

Read a feature story about Confederation Minerals

by Jay Currie

Gold Canyon reports Ontario Gold Assays up to 1.5 g/t over 343m, 0.97 g/t over 323.5m

June 22nd, 2012

Resource Clips - essential news on junior gold mining and junior silver miningGold Canyon Resources Inc TSXV:GCU announced the first assay results from its barge drilling program at its 100%-controlled Springpole Gold Project located 110 kilometers northeast of the Red Lake Mining Camp in Ontario. Highlights include:

1.5 grams per tonne gold over 343 metres
(including 3.44 g/t gold over 108 metres)
(including 5.27 g/t gold over 30 metres)
0.63 g/t gold over 210 meters
(including 1.24 g/t gold over 32 metres)
0.8 g/t over 116.9 metres
0.97 g/t gold over 323.5 metres
(including 2.41 g/t gold over 36 metres)
0.53 g/t gold over 213 metres
9.88 g/t gold over 8 metres

Director and technical advisor Quinton Hennigh commented, “Our first results from stepout barge drilling are very encouraging. Recent results clearly indicate the Portage Zone extends to the 0 to 250 meter section. In addition, hole SP12-146 is the first hole to demonstrate higher grades persist into this area. Over the remainder of this year, we plan to pursue stepout and infill drilling to expand the southeastern extension of the Portage Zone.”

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Leo Karabelas
Investor Relations
416.543.3120

by Jay Currie

Gran Colombia reports Resource Estimate: 11.8M oz Gold, 80.3M oz Silver M&I

June 22nd, 2012

Resource Clips - essential news on junior gold mining and junior silver miningGran Colombia Gold Corp TSX:GCM reports a new mineral resource estimate for its Marmato project in Colombia. The project hosts 11.8 million ounces gold and 80.3 million ounces silver measured and indicated and 2.6 million ounces gold and 9.4 million ounces silver inferred.

CEO Maria Consuelo Araujo commented, “Our exploration activities continue to show upside to this flagship project at Marmato, which currently ranks in the top 2% of projects by gold resources globally. We expect further upside from our recently reported deep-zone mineralization, as this current estimate shows the potential increase in resource and grades at depth, but further drilling will be required to further define the deep-zone mineral resource.”

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Investor Relations
416.360.4653

Read an interview with COO Donald East

by Jay Currie

Spanish Mountain reports BC Gold Assays up to 4.12 g/t over 37.3m, 2.88 g/t over 51m

June 20th, 2012

Resource Clips - essential news on junior gold mining and junior silver miningSpanish Mountain Gold Ltd TSXV:SPA announced the remaining results from its in-fill drilling program recently completed within the Main Zone of its Spanish Mountain Gold Project located in central British Columbia, Canada. Highlights include:

1.31 grams per tonne gold over 130.43 metres
(including 2.4 g/t gold over 59.93 metres)
1.09 g/t gold over 31 metres
1.44 g/t gold over 25.95 metres
(including 3.27 g/t gold over 10.5 metres)
2.88 g/t gold over 51 metres
(including 11.76 g/t gold over 11.08 metres)
(including 36.6 g/t gold over 3.48 metres)
4.12 g/t gold over 37.25 metres
(including 6.95 g/t over 19.75 metres)
0.64 g/t gold over 131.95 metres
(including 1.22 g/t gold over 40.5 metres)
0.64 g/t gold over 121 metres
(including 1.01 g/t gold over 40.29 metres)
0.64 g/t gold over 67.5 metres
(including 1.67 g/t gold over 17 metres)
0.71 g/t gold over 100.5 metres
(including 1.03 g/t gold over 61 metres)
0.92 g/t gold over 131.36 metres
(including 1.17 g/t gold over 91.36 metres)

According to a November 2011 resource estimate, Spanish Mountain hosts measured and indicated resources of 138 million tonnes grading 0.49 g/t gold and 0.64 g/t silver (at a 0.2 g/t gold cutoff) and inferred resources of 339.6 million tonnes grading 0.37 g/t gold and 0.65 g/t silver. This translates to 2.17 million ounces gold and 2.84 million ounces silver measured and indicated and 4.04 million ounces gold and 7.1 million ounces silver inferred. Compared to the November 2010 preliminary economic assessment, these figures constitute a 59% increase in gold measured and indicated and a 561% increase in inferred.

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Colin Clancy
Investor Relations
604.601.3651

Read a feature story about Spanish Mountain

by Jay Currie

Temex President Ian Campbell on Juby Gold Project, new Directors

June 19th, 2012

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