Alamos provides update on projects in Turkey
Alamos Gold (AGI-T) expects to release a resource estimate in March and a prefeasibility study at the end of the second quarter for its projects in Turkey, Agi Dagi and Kirazli.
Gold
Goldcorp on the cusp of announcing details of updated study for lonore
When Goldcorp (G-T, GG-N) acquired Éléonore in March 2006 from what is now Virginia Mines (VGQ-T) in a US$425-million deal, the project had no reserve or resource estimate, just a lot of speculation on how big it was going to get…
Fire River Gold completes PEA on Nixon Fork gold mine
Capital costs to resume production at Fire River Gold’s (FAU-V, FVGCF-O) flagship Nixon Fork underground gold mine in Alaska are estimated at US$6.3 million with a projected payback of three months according to a preliminary economic assessment.
Long intercepts send Batero higher
Batero Gold (BAT-V) released the best drill results yet from its Batero-Quinchia project in Colombia and the news took the company’s shares for a wild ride. In Toronto on Feb. 17, Batero shares shot-up 35% or $1.02 to finish the day trading for…
Endeavour Mining adds resources at Youga gold mine
In a bid to extend the lifespan of its Youga gold mine in Burkina Faso, which produced 82,400 oz. gold in 2010, West Africa-focused gold producer Endeavour Mining (EDV-T) is adding resources at three deposits within 3 km of the Youga plant.
Astur releases Salave PEA
Vancouver – Astur Gold (AST-V) has released a preliminary economic assessment on its Salave gold project in Spain that shows the potential for an open pit, underground or a combined operation.
Promising results at Fayolle for Typhoon Exploration
A ten-metre intercept averaged 7.14 grams gold per tonne at Typhoon Exploration’s (TYP-V) 100%-owned Fayolle project in Quebec’s Abitibi region.
Northgate Minerals updates resource at Kemess
Northgate Minerals (NGX-T, NXG-N) has boosted its indicated resource tonnes by 18% and its contained gold and copper by 10% and 9% respectively at its Kemess underground project in north-central British Columbia.
EMED revives Rio Tinto mine in Spain
In six years, Cyprus-based EMED Mining (EMD-T, EMED-L) has grown from being little more than a concept to a company with very real plans to restart copper production this year from the historic Rio Tinto open-pit copper mine in southwestern…
Entree Gold is “sitting pretty”
Entrée Gold (ETG-T, EGI-X) is “strongly undervalued” given the potential for it to sell its Mongolian assets to Ivanhoe Mines (IVN-T, IVN-N) or Rio Tinto (RTP-N, RIO-L), Christopher Ecclestone of Hallgarten & Co. argues in a…
More gold in new and old places for Klondex
Klondex Mines (KDX-T) continues to find new mineralized zones at its Fire Creek property in North Central Nevada The company says it has found a new high-grade vein 150 metres south of the southern end of the Far North resource as an RC drill…
Majestic Gold releases preliminary assessment of Songjiagou project
Majestic Gold’s (MJS-V) Songjiagou gold project in China’s Shandong province would have a net present value of US$525 million at a 10% discount rate and an internal rate of return of 78.6%, according to a preliminary assessment.