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Nevada Sunrise – Mt. Kinsley exploration update

Nevada Sunrise – Mt. Kinsley exploration update

Nevada Sunrise (NEV.V) has announced Pilot Gold (PLG.TO) started its 2013 exploration program at the Mt Kinsley joint venture. Pilot Gold plans to drill an additional 20,000 meters this year, after completing 12,000 meters last year which allowed them to vest an interest of 65% in Nevada Sunrise’s project. The […]

TrueGold raises $23.5M

TrueGold raises $23.5M

True Gold Mining (TGM.V) (previously Riverstone Resources) announced it came to an agreement with Liberty Metals and Mining whereby Liberty will purchase 52.7M shares of True Gold at a price of C$0.33/share (which was higher than the market price) for a total consideration of C$17.4M. Liberty Metals also agreed to […]

Lupaka Gold - Crucero

Lupaka Gold announces updated community agreement

Lupaka Gold (LPK.TO) has announced it came to an agreement with the local community at Crucero to extend the exploration agreement with 4 years, which is one year longer than the previous agreement. The company is also required to secure access to the properties from families who used the local […]

Beadell provides production and cash update

Beadell provides production and cash update

Beadell Resources (ASX:BDR) has provided an update on its activities in Brazil. The company has announced a production of 36,200 ounces of gold in the second quarter of this year at its 100% owned Tucano project in Brazil. The company is pleased with the progress as the CIL plant reached […]

Coeur releases disappointing PEA on La Preciosa

Coeur releases disappointing PEA on La Preciosa

Coeur Mining (CDM.TO, NYSE:CDE) has released the results of an extremely disappointing PEA on the La Preciosa silver project in Mexico. Using a silver price of $21/oz (which is a premium of 8% over the current silver price), the IRR is just 6.2%, the payback period a disturbingly high 11.5 […]

Interview with Shane Ebert, Gold Reach Resources President

Interview with Shane Ebert, Gold Reach Resources President

After meeting Conrad Swanson, CEO of Gold Reach Resources (GRV.V) earlier this year, we kept an eye on the progress the company has been making. We sat down with Shane Ebert, Gold Reach Resources’ President, and asked him some questions. – The intercepts in the last press release seem to […]