Category: Gold
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Gold Mountain (GMTN.V) to probe the underground mining potential at flagship Elk Gold Project in mining-friendly B.C.
Gold Mountain’s (GMTN.V) flagship Elk Gold Project, a historically productive mine located in the heart of B.C. mining country, is being fast-tracked to production. The pace the Company has set for itself fits the “fast track” definition neatly. Location, always an important consideration when shortlisting buy-candidates in this wild west of a sector, doesn’t get…
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Delta Resources (DLTA.V) encounters pristine gold grains at Delta-1—drilling to commence shortly
Delta Resources (DLTA.V) has two properties in its project pipeline worthy of flagship status—Delta-1 and Delta-2. Earlier in March, the Company tagged a high-grade gold discovery at its 16,400-hectare Delta-2 project, one it intends to follow-up with an aggressive campaign with the drill bit… Delta tags high-grade gold – up to 50.75 g/t Au in…
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Gold Mountain (GMTN.V) tags high-grade gold at flagship Elk project – announces appointment of Quinton Hennigh to advisory board
On Monday, March 9th, Gold staged a dramatic rally in what may prove to be a major reversal off of key support. Tuesday’s price action in the metal cemented those gains. Is this a watershed event? A close above resistance at $1750 will go a long way towards restoring confidence in the sector. Looking at…
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Delta tags high-grade gold – up to 50.75 g/t Au in a new discovery in mining-friendly Quebec
Today, Delta Resources (DLTA.V) announced a high-grade discovery at its Delta-2 project, a 16,400-hectare chunk of highly prospective terra firma located along the northeast end of the Abitibi Volcanic Belt, just to the southeast of Chibougamau. The discovery headline – the values – the details Delta Intersects High Grade Gold up to 50.75 g/t in…
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Gold Mountain Mining (GMTN.V) raises $10 million to go ahead with Elk Gold Project
Gold Mountain Mining (GMTN.V) closed a brokered private placement, lead by Cannacord Genuity and Gravitas Securities, issuing 10,310,000 units at $0.97 per unit, and pulled in $10,000,700. The company intends on using the cash raised to advance their Elk Gold Project and for working capital and general corporate purposes. “Through successfully completing this offering, we…