back to homepage

Tag "gold"

New Jersey Mining Company Intersects 12.4 g/t Gold Over 5.2 Meters at the Golden Chest Mine 0

KELLOGG, ID — (Marketwire) — 04/12/12 — New Jersey Mining Company (OTCBB: NJMC) is pleased to announce the drill intercept of 5.2 meters of 12.4 g/t gold (true thickness) in drill hole GC 12-107 from a core drilling program underway at the Golden Chest mine in Murray, Idaho. The Golden Chest is owned 50% by NJMC and 50% by Marathon Gold Corporation (MOZ-TSX) and NJMC is the operator."Drilling at the Golden Chest mine continues to be successful in expanding the resource potential. The o

Read More

Avino Intersects 142 G/T Silver Over 28.8 Meters at Main Avino Vein 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 04/05/12 — Avino Silver & Gold Mines Ltd. ("Avino" or "The Company") (TSX VENTURE: ASM)(NYSE Amex: ASM)(BERLIN: GV6)(FRANKFURT: GV6) is pleased to announce the results from first hole of the 2012 drill program on the Elena – Tolosa ("ET") zone at its main mine located 80 km NE of Durango, Mexico.The hole is part of a program to explore an area of the main Avino vein system below the 12th level of the mine where th

Read More

NuLegacy Gold Starts Important Drilling Program at Red Hill Gold Project, Nevada 0

RENO, NEVADA — (Marketwire) — 03/27/12 — NuLegacy Gold Corporation reports the start of drilling at its Red Hill Project, Eureka County, Nevada. It is anticipated over 25 holes will be drilled in this campaign; the majority will be reverse circulation holes with several core holes as well."This Red Hills drill program is the most important exploration campaign in the Company-s history," says Roger Steininger NuLegacy-s COO. "We are following up on the multiple encouraging indi

Read More

Cholla Process Update 0

HENDERSON, NV — (Marketwire) — 03/27/12 — Royal Mines and Minerals Corp. (OTCBB: RYMM) (Royal Mines) is pleased to announce that since testing began on the Royal Mines "Cholla" process for the recovery of gold from fly ash, we have run over 80 tons of fly ash through the Phoenix and Scottsdale plants. We have progressively upgraded the facilities to accommodate more throughput based upon bench and plant scale testing. The value of 40 (5 lb) samples tested in our plants, from March

Read More

Indemia Gold Provides Corporate Update 0

LAS VEGAS, NV — (Marketwire) — 03/16/12 — Indemia Gold Inc. (PINKSHEETS: CETH) ("Indemia" or "the Company") is pleased to provide a corporate update and respond to recent shareholder inquiries. Since acquiring the Choco Placer mine (the "Project") (see ) the Company has begun implementing a systematic approach toward recommencing production.The Company has outlined a gridded geochemical sampling program expected to commence within the next few weeks. The purpos

Read More

NuLegacy Completes Reconnaissance Drilling at Wood Hills South Gold Project, Nevada 0

RENO, NEVADA — (Marketwire) — 03/14/12 — NuLegacy Gold Corporation (TSX VENTURE: NUG) reports that it has completed the remaining ten holes of a planned twenty hole widely spaced reconnaissance drilling program on the 100 sq. km Wood Hills South gold project located in Elko County, Nevada. Assay results should be available by late-April, 2012.The first ten holes of the twenty-hole program were completed in late 2011 with assay results reported February 6, 2012. Eight of those initial ten hol

Read More

BCGold Corp. Discovers New High-Grade Gold Zone and Plans Bulk Sampling at Engineer Mine, B.C. 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/29/12 — BCGold Corp. (TSX VENTURE: BCG)(PINKSHEETS: BCGOF) (or the "Company") is pleased to announce the discovery of a new, high-grade gold shoot ("505-3 Shoot") at the Engineer Mine Property. This discovery was made during the Company-s 2011 bulk sampling and test milling program conducted on remnant pillars of the Engineer Vein on 5 Level of the underground workings.New Exploration TargetOn February 27, 2012, BCGold Corp.

Read More

NuLegacy Resumes Drilling at Wood Hills South Gold Project, Nevada 0

RENO, NEVADA — (Marketwire) — 02/27/12 — NuLegacy Gold Corporation (TSX VENTURE: NUG) reports that drilling to complete the remaining ten holes of an initial twenty hole reconnaissance program has resumed on the 100 sq km Wood Hills South gold project, Elko County, Nevada.Late in 2011, NuLegacy Gold drilled the first ten holes of the planned twenty-hole, widely-spaced reconnaissance drilling program with assay results reported February 6, 2012.Eight of the ten holes contained intervals of an

Read More

Lions Gate Metals Closes First Tranche of Non-Brokered Private Placement 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/14/12 — Lions Gate Metals Inc. (TSX VENTURE: LGM) ("Lions Gate" or the "Company") is pleased to announce that it has closed the first tranche of a non-brokered private placement previously announced on January 31, 2012. The Company has raised gross proceeds of $460,000 in this first tranche closing through the sale of a total of 1,000,000 flow-through units at a price of $0.46 per flow-through unit.Each flow-through unit con

Read More