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Tag "gold-mining"

Klondex Mines Underground Development Yields 1,465 Tons of 32.7 g/t (0.95 opt) Gold in July 0

ELKO, NV and VANCOUVER, BC — (Marketwired) — 09/12/13 — Klondex Mines Ltd. (TSX: KDX) (OTCQX: KLNDF), a Nevada gold exploration and development company, today reported that its underground development program, targeting the Joyce and Vonnie structures within the Main Zone of its Fire Creek project, yielded 1,329 tonnes (1,465 tons) of mineralized material in July at an average grade of 32.7 g/t (0.95 opt) gold. Underground development at the Fire Creek project over the last three months has

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Detour Gold Reports Drill Results on Detour Lake Property 17.3 g/t Au Over 4.4 m on New Structure in Lower Detour Area 0

TORONTO, ONTARIO — (Marketwired) — 09/09/13 — (TSX: DGC) ("Detour Gold" or the "Company") reports assay results from its 2013 exploration drilling program in the eastern part of the Lower Detour Deformation Zone ("LDDZ") (Lower Detour area), located in the southeast part of its 100% owned Detour Lake property. The Company completed 25,067 metres in 74 holes in the first quarter of 2013.Located approximately 6 kilometres south of the Detour Lake mine, the LDDZ i

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Mundoro-s Trench Sampling Yields 12 Metres Grading 30.39 g/t Gold and 171.27 g/t Silver at its Savinac License 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 09/03/13 — Mundoro Capital Inc. (TSX VENTURE: MUN) () ("Mundoro" or the "Company") is pleased to provide an update on its exploration activities at the 100% owned Savinac property within the Timok Magmatic Complex (TMC) in northeast Serbia. The TMC hosts significant Cu-Au porphyry and related Cu-Au epithermal deposits.Detailed mapping and rock sampling have been completed over the Savinac license at the southern end of the TMC

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Klondex Mines Achieves Two Major Milestones for Fire Creek; Maiden Shipment to Newmont and Electrifies Fire Creek 0

ELKO, NV and VANCOUVER, BC — (Marketwired) — 08/12/13 — Klondex Mines Ltd. (TSX: KDX) (OTCQX: KLNDF), a Nevada gold exploration and development company, is pleased to announce the successful completion of two major milestones at its Fire Creek Project: the first shipment of mineralized material delivered to Newmont Mining Corporation for processing, and the conversion of Fire Creek to electrical grid power from generator power.The initial shipment of 1000 tons of Fire Creek material to Newmo

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Klondex Mines Yields 1,435 Tons of 119.8 g/t (3.49 opt) Gold in June Underground Development Program 0

ELKO, NV and VANCOUVER, BC — (Marketwired) — 07/29/13 — Klondex Mines Ltd. (TSX: KDX) (OTCQX: KLNDF) a Nevada gold exploration and development company, today reported that its underground development program targeting the Joyce and Vonnie structures yielded 1,302 tonnes (1,435 tons) of mineralized material during June at an average grade of 119.8 g/t (3.49 opt) Au using a 1,714.7 g/t (50 opt) cap on Au sample results. Details of the grades encountered along the Joyce and Vonnie structures sa

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Klondex Secures Agreement to Treat and Test High-Grade Material 0

ELKO, NV and VANCOUVER, BC — (Marketwired) — 07/26/13 — Klondex Mines Ltd. (TSX: KDX) (OTCQX: KLNDF) is pleased to announce that it has entered into an agreement with Newmont Mining Corp. (NYSE: NEM) to begin processing Klondex-s higher grade mineralized material from the Fire Creek gold and silver project in Nevada this month.Under the agreement, Newmont is responsible for the handling, milling and refining of minerals as well as tailings disposal, and Klondex is responsible for delivering

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Klondex Announces Bridge Loans Totaling $2.39 Million 0

ELKO, NV and VANCOUVER, BC — (Marketwired) — 07/25/13 — Klondex Mines Ltd. (TSX: KDX) (OTCQX: KLNDF) ("Klondex" or the "Company") is pleased to announce that its subsidiary, Klondex Gold & Silver Mining Company ("KGS"), has obtained and drawn down on a bridge loan facility of $1,999,999 (the "K2 Loan") advanced by the K2 Principal Fund L.P. ("K2"), a significant shareholder of the Company, and on a bridge loan facility of $400,000 (the &q

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Klondex Names Mining Executive Renaud Adams to the Board 0

ELKO, NV and VANCOUVER, BC — (Marketwired) — 07/16/13 — Klondex Mines Ltd. (TSX: KDX) (OTCQX: KLNDF), a Nevada gold exploration and development company, is pleased to welcome Renaud Adams to the company-s board of directors. Mr. Adams brings over 15 years of precious metals mining experience to Klondex.Mr. Adams is Chief Operating Officer of Primero Mining Corp. (TSX: P) (NYSE: PPP), where he is responsible for the operations and organic growth of the company in addition to its operations in

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Klondex Sampling Averages 132.8g/t (3.87opt) Au Over Strike Length of 144.2m (473ft); Demonstrates Joyce Structure Continuity by Exploration Development 0

Sampling Highlights: 30,228.7g/t (881.7opt) Au Over 0.2m (0.7ft) 106- South of 5400 Crosscut; 632.8g/t (18.5opt) Au Over 0.5m (1.6ft) 135- North of 5370 Crosscut

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Taurus Gold Limited Announces Joint Venture With Randgold Resources Limited 0

TORTOLA, BRITISH VIRGIN ISLANDS — (Marketwired) — 07/03/13 — Taurus Gold Limited, a private exploration company operating in West Africa, is pleased to announce that it has entered into a joint venture (JV) agreement with Randgold Resources (Mali) Limited, a subsidiary of Randgold Resources Limited (LSE: RRS)(NASDAQ: GOLD) (-Randgold-), to explore and potentially develop the Bakolobi Gold Project (-Bakolobi- or -the Project-), located 30km south of Randgold-s Loulo Mine in Mali-s south weste

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