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Tag "gold"

Banro Closes US$100 Million Financing 0

TORONTO, ONTARIO — (Marketwired) — 04/25/13 — Banro Corporation ("Banro" or the "Company") (TSX: BAA)(NYSE MKT: BAA)(NYSE Amex: BAA) is pleased to announce the closing of its previously announced short form prospectus offering (the "Offering") of Common Shares and gold-linked preferred Series A Shares, and its previously announced concurrent private placement (the "Concurrent Offering") of gold linked preferred Subco Shares and associated Series B Shar

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Condor Gold plc Geotechnical Drilling on La India Project, Nicaragua 0

LONDON, ENGLAND — (Marketwired) — 04/25/13 — (AIM: CNR), a gold exploration company focused on delineating a large commercial reserve on its 100%-owned La India Project in Nicaragua, which hosts a CIM compliant Mineral Resource of 2.4Moz gold at 4.6g/t, is pleased to announce that it has commenced a geotechnical drilling programme of ten drill holes for 1,700m on La India open pit resource.Mark Child, Chairman and CEO commented:"The current 1,700m of geotechnical drilling is designed t

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Loncor Resources Completes the First Phase of IP Surveys at its Nagasa Prospect and Defines Priority Drill Targets 0

– Three well-defined, open-ended anomalous zones identified – Drill-testing of the IP anomalies scheduled to commence on May 3, 2013

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Condor Gold Drilling Update on La India Project, Nicaragua 0

LONDON, ENGLAND — (Marketwired) — 04/15/13 — (AIM: CNR), a gold exploration company focused on delineating a large commercial reserve on its 100%-owned La India Project in Nicaragua, which hosts a CIM compliant Mineral Resource of 2,375,000 oz gold at 4.6g/t, is pleased to announce the results of a further 36 drill holes for 3,692m of the current phase of resource infill drilling at the La India Vein Set and the initial drill testing of wallrock gold mineralisation on the America Vein Set.H

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NuLegacy Gold Arranges 10 Million Unit Private Placement 0

RENO, NEVADA — (Marketwired) — 04/10/13 — NuLegacy Gold Corporation (TSX VENTURE: NUG)(PINKSHEETS: NULGF) has arranged, subject to acceptance of the TSX Venture Exchange (the "Exchange"), a non-brokered private placement of 10 million units ("Units") at a price of $0.10 per Unit to raise $1.0 million. Each Unit consists of one common share and one share purchase warrant, with each warrant entitling the holder thereof to purchase one additional common share of the Company

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Banro Provides Q1 2013 Production Update for Its Twangiza Gold Mine, DRC 0

– 19,602 ounces of gold produced in the first quarter of 2013 – Twangiza expansion project continues as planned

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NuLegacy Gold Reports Assays from Wood Hills Drilling; Terminates the Wood Hills Option 0

RENO, NEVADA — (Marketwired) — 04/09/13 — NuLegacy Gold Corporation (TSX VENTURE: NUG)(PINKSHEETS: NULGF) reports the assays for the five hole Wood Hills Project drilling program commenced February 14th, 2013. The Wood Hills Project is located 13 km southwest of and contiguous to the West Pequop and Long Canyon gold deposits.The drilling program was unable to identify noteworthy gold mineralization although preliminary reconnaissance exploration during 2010-12 suggested the Wood Hills might

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Increased Resource Estimate to Improve Ngualla Project Economics 0

WEST PERTH, AUSTRALIA — (Marketwired) — 04/04/13 — ("Peak" or "the Company") (ASX: PEK) (OTCQX: PKRLY) is pleased to report a revised Mineral Resource estimate for the Ngualla Rare Earth Project in southern Tanzania. The new estimate incorporates the 13,600m of additional drilling completed in 2012 and is reported according to the 2004 JORC Code and Guidelines.The infill drilling was completed to increase the amount of weathered mineralisation in the Bastnaesite Zone cla

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Erdene Provides Year-End Financial Results and Project Review 0

HALIFAX, NOVA SCOTIA — (Marketwired) — 04/03/13 — Erdene Resource Development Corp. ("" or "Company") (TSX: ERD), today provided a review of the 2012 activities on the Company-s principal projects in conjunction with the release of its year-end financial results.2012 Quarterly Highlights- First Quarter– High Grade, Near Surface Gold Discovery at Altan Nar; 29m of 4.3 g/t Gold– Granite Hill Quarry Commenced Production– Erdene Board Strengthened- Second Quarter– Finaliz

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