WM, EDV, GOT, GNG
Wallbridge Mining aka WM is busy drilling their Fenelon gold project in Quebec, but they have aoso come up with another way to increase their resources by going back and sampling previous unsampled drill core. At the time the core was extracted, they assayed only areas with visible gold, but in the time since they have come to realize that bulk mining is feasible, so they they have gone back to the core and assayed areas close to existing resource blocks. They priorized about 30km of core for re-assay, and halfway through they have already turned a number of areas previously designated as waste into ore. This effort will add substantially to the next Fenelon Resource Report.
Message 33870603
In what should not be a surprise to anyone, Endeavour Mining aka EDV has announced the continuation of the share buyback programme they have been pursuing over the last year.
ca.finance.yahoo.com
Goliath Resources aka GOT announced that drilling is underway on the Surebet Zone on the Golddigger gold/silver prospect in BC's Golden Triangle. The ostensible purpose of this year's drilling is to define the limits of Surebet, but there are two other important if unacknowledged outcomes that would be achieved by good results.
First, GOT's chart is still damaged by p&d operations run by third parties on the stock in the past. Then, they need to overcome the stink of being associated with Quinton Hennigh, who has clearly shown he is more focused on making money by serving on as many corporate boards as possible than in maintaining any scientific credibility. The float is still low enough that good results should be enough to overcome both of these stains and set the stock on a more sustainable growth pattern.
Message 33872414
Golden Goliath Resources aka GNG announced they have completed a mapping and sampling programme on Wish Ore, a gold prospect in western Ontario. In the time I have been following this company, they have found plenty of promising indicators on various properties that have never in the end amounted to anything. Maybe this time the assays, expected in six weeks, will indicate something more substantial.
Message 33872426 |
