| | | CCW, GOT, KTN, KRR
Canada Silver Cobalt Works aka CCW announced the start of exploration at its Eby-Otto property, which covers 1000 hectares at the intersection of a fault and an alteration zone in Kirkland Lake. They recently completed geophysics and are now doing some mapping and sampling leading up to a drill programme. The property's location is certainly prospective, but only the drill will tell us if they is anything there.
Message 33970698
Goliath Resources aka GOT released yet another frustrating PR regarding the ongoing drill programme on the Surebet zone at their Golddigger gold/silver prospect in BC's Golden Triangle. Why frustrating? Because although all the holes mentioned in this release, like the ones in a number of previous PRs, intersected what appear to be extensive zone of minerlaization, we still get no actual assays from any of the holes. I sure wish they had skipped some of the PRs and instead used the money to pay for expedited assays.
Message 33970730
Kootaenay Silver aka KTN completed the sale of its 35% interest in the Cervantes gold/copper prospect in Sonora, Mexico to JV partner Aztec Minerals in return for 10M AZT shares plus a 0.5% NSR. Combined with the shares it already has, KTN now owns 11.85% of AZT.
Message 33971931
As part of their effort to increase production from their Beta Hunt gold/nickel mine, Karora Resources aka KRR is drilling up two new gold zones called Mason ans Cowell on each side of the already defined Larkin zone. Today they released results from the first two holes with the headline results being 6.0 g/t Au over 13.0M at Mason and 2.4 g/t Au over 5.0M at Cowell, a good start. In addition, they announced that second decline at Beta Hunt is now 67% complete, on budget and on schedule, and that it will be ready for use in Q2 next year.
Message 33971944 |
|
