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To: Goose94 who wrote (3339)11/20/2013 10:27:58 AM
From: Goose94Respond to of 202936
 
PLG-T most recent results from its Kinsley Mountain project in Nevada, one Bay Street analyst highlighted, “Historic results from the deposit were primarily located within the Candland Shale. Results have determined that mineralization also occurs in the underlying stratigraphy.” The analyst added, “The Western Flank area hosts numerous features that are similar to the Long Canyon deposit geology.”

On Monday, PLG announced that the 2013 program returned the highest-grade intercept to date at Kinsley Mountain - 8.53 g/t Au over 36.6 m, including 29.43g/t Au over 7.6 m in HQ core drill hole PK091CA. The most recent results are from the Western Flank target, located 550 m northwest of the past-producing pits at Kinsley, also expand the area of high-grade gold mineralization and demonstrate the potential for Kinsley to host significant high-grade gold mineralization.

Commenting on the results, PLG’s Chief Geologist, Dr. Moira Smith, stated, "Results released today mark a sea change for Kinsley, providing 'proof of concept' that our technical team's model from Long Canyon is valid and applicable at our flagship Nevada property." Adding, “We believe these results support district-scale potential at Kinsley." PLG has drilled ~14,200 m in 58 holes to date for its 2013 Kinsley program, with assays pending for 26 holes. PLG holds a 78% interest in Kinsley and is sole-funding a $3.4-million program in 2013.

Nevada Sunrise Gold (NEV-V) holds the remaining 22%.



To: Goose94 who wrote (3339)12/12/2013 7:24:10 PM
From: Goose94Read Replies (1) | Respond to of 202936
 
Nevada Sunrise (NEV-V) consolidate 1:10

Dec 12, 2013 - News Release

Nevada Sunrise Gold Corp.'s board of directors has determined to proceed with a consolidation of its common shares on the basis of one postconsolidated common share for every 10 preconsolidated common shares held. The company will not complete a name change. The consolidation will be effective Dec. 16, 2013, and the common shares will trade on a postconsolidation basis as of the open of the market on Dec. 16, 2013.The consolidation was approved by shareholders of the company at the company's annual and special meeting held on Aug. 29, 2013, and remains subject to the approval of the TSX Venture Exchange. The company currently has 96,673,175 common shares issued and outstanding, and if the consolidation is approved, will have approximately 9,667,317 common shares issued and outstanding immediately following the consolidation. Any resulting fractional shares remaining after consolidation that is less than one-half of a common share will be cancelled and each fractional common share that is at least one-half of a common share will be changed to one whole common share.

The board of directors is proceeding with the consolidation on the basis that it will provide the company with increased flexibility to seek additional financing opportunities.