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East Big Rock Zone Drilling Intersects 15.2 m of 1.93 g/t Gold, Brewery Creek Project, Yukon

From Press Release on February 22, 2012 -
1 Review | 0 Comment

quote Golden Predator Corp. (TSX:GPD) (the “Company”) is pleased to announce the results from 3 diamond and 11 RC holes drilled in late 2011 from the …

silverax silverax

I don’t think the market wants frequent assay results from Brewery Creek any more and the share price certainly doesn’t get much action from this …

3 hours ago

Oro Mining Completes Brokered Private Placement

From Press Release on February 17, 2012 -
1 Review | 0 Comment

quote Oro Mining (TSX-V: OGR) is pleased to announce that it has closed its private placement financing previously announced on February 2, 2012 and February 15, …

Zurbo Zurbo

For net proceeds of about $7.5 million Oro Mining has blown out its fully diluted share count from about 150 million to over 250 million. …

3 days ago

Extorre Announces Withdrawal of Prospectus

From Press Release on February 16, 2012 -
1 Review | 0 Comment

quote Extorre Gold Mines Limited (TSX:XG)(NYSE Amex:XG)(FRANKFURT:E1R) (“Extorre” or the “Company”) has determined that it will not proceed at this time with the $50,085,000 bought deal …

silverax silverax

I like the Cerro Moro project but the PEA wasn’t impressive and the share price has always seemed rich to me. The initial mine plan …

6 days ago

Paramount Gold And Silver Discovers New High-grade Gold Zone At Its San Miguel Project In Mexico

From Press Release on February 16, 2012 -
1 Review | 0 Comment

quote Paramount Gold and Silver Corp. (NYSE:PZG)(TSX:PZG)(FRANKFURT:P6G)(WKN:A0HGKQ)(“Paramount”) today reported high-grade assay results from two new core drill holes located to begin exploring an undrilled 1.3 km …

silverax silverax

Some of these assays are substantial although the term “clavo” might be a bit premature, sort of like the previous times when the company (at …

5 days ago

Half Year Financial Results & 2012 Production Guidance

From Press Release on February 16, 2012 -
1 Review | 0 Comment

quote Perseus Mining Limited (“Perseus” or the “Company”) (TSX & ASX: PRU)is pleased to announce a net profit after tax of $13.68 million or 3.12 cents …

silverax silverax

Looks like we have a new candidate to add to our mid-tier gold producers model (to be completed right after we finish updating the silver …

4 days ago

OceanaGold announces full year 2011 result

From Press Release on February 16, 2012 -
1 Review | 0 Comment

quote OceanaGold Corporation (ASX: OGC, TSX: OGC, NZX: OGC) (the “Company”) has delivered a 17% increase in EBITDA (earnings before interest, taxes, depreciation and amortisation) to …

silverax silverax

Feeling much better about having bought out its gold hedge last year, OceanaGold is generating nice cash flows and operating numbers from its New Zealand …

4 days ago

Orko Silver Provides an Update of Activities at La Preciosa

From Press Release on February 16, 2012 - ,
1 Review | 0 Comment

quote On August 11, 2011, we, along with our joint venture partner Pan American Silver Corp. (TSX:PAA), released a Preliminary Economic Assessment (“PEA”) for the La …

Zurbo Zurbo

Almost 3 years from signing the joint venture agreement I read this press release and get the distinct impression that Orko is worried about Pan …

3 days ago

Orvana Completes a US$13.8 Million Increase in Its Credit Facility With Credit Suisse

From Press Release on February 16, 2012 -
1 Review | 6 Comments

quote Orvana Minerals (TSX:ORV) is pleased to announce that its Spanish subsidiary, Kinbauri Espana, S.L.U. (“Kinbauri”), has increased its US$50.0 million corporate credit facility with Credit …

Zurbo Zurbo

Here we have confirmation that El Valle-Boinás/Carlés has yet to turn cash flow positive, at least to the extent that Orvana could avoid significantly increasing its …

3 days ago

Callinan Announces Quarterly Royalty Payments

From Press Release on February 15, 2012 -
1 Review | 0 Comment

quote Callinan Royalties Corporation has received interim quarterly royalty payments totaling $5,075,950.50 from HudBay Minerals Inc. The royalty payments include a payment of $4,970,814 from the 6?% Net Profits Interest …

Zurbo Zurbo

Another quarter, another $6-$7 million in royalty payments from Hudbay. Assuming Callinan intends to grow through acquisitions and diversify its revenue base beyond the 777 …

3 days ago

Another Bad Day for Mining in Canada

From Press Release on February 13, 2012 -
1 Review | 0 Comment

quote Solid Gold Resources Corp. (TSX VENTURE:SLD) reports that The Wahgoshig First Nation has issued a claim against Her Majesty The Queen In Right of Ontario and …

Zurbo Zurbo

Try to keep a straight face reading the titles to some of Solid Gold’s (“committed to the core”) press releases over the past year: Drill …

a week ago
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