January 09, 2013
– Comments (6) |
RELATED TICKERS: GG
Hope you enjoy the discussion, and Happy New Year to the best investment community on the web!
Mercator Minerals is on the move... finally.
Brigus Gold Intersects High Grades at 147 Zone
Brigus Senior Vice President Exploration Howard Bird said, “These impressive drill hole intercepts are among the best returned from the 147 Zone. These results extend the ore body to a true vertical depth of 300 metres below surface and most importantly the zone remains open for further expansion.”
Brigus Gold Hits 2012 Production Target
Halifax, Nova Scotia; January 7, 2013 (NYSE MKT: BRD; TSX: BRD) – Brigus Gold Corp. (“Brigus” or the “Company”) is pleased to announce record production levels of 22,672 gold ounces in the fourth quarter of 2012. The Company finished the year within the guidance set on February 21, 2012 of 77,000 – 85,000 ounces with a total of 77,374 ounces.
“We finished the year in a very strong position and are well poised for growth heading into the new year,” said Wade Dawe, Brigus’ Chairman and Chief Executive Officer. “Gold production increased each quarter in 2012, a trend that will continue into 2013 as we reach annual steady state production levels.”
2013 Official Web Link Assistant to Sinchi
Mandalay Resources... I had overlooked that stock, but recently initiated a small starter position pending additional research.
On January 11, 2013 at 10:03 AM, TMFSinchiruna (37.96) wrote:
"Mandalay Resources... I had overlooked that stock, but recently initiated a small starter position pending additional research.
Thanks, for the D. D. "idea".
January 2013 Investor Presentation
November 2012 Fact Sheet
Mandalay Resources poised for significant production upside
“Mandalay CEO Bradford Mills, a former CEO of miner Lonmin and current director of nickel producer Norilsk Nickel, told Mining Weekly Online in an interview that it is as a result of the company’s careful selection of projects that it now owned two operating mines holding significant upside potential.
These are the Cerro Bayo silver/gold mine, in southern Chile, which it acquired in August 2010, and the Costerfield gold/antimony mine in Victoria, Australia, acquired in December 2009.
“We expect to expand our Cerro Bayo and Costerfield operations by 20% each during 2013. As things are, we are already looking at achieving between four-million to five-million silver-equivalent ounces this year alone,” he told Mining Weekly Online.”
Bradford A. Mills, Chief Executive Officer, Director Mr. Mills currently holds a directorship with Norilsk Nickel, the world's largest nickel producer and is a founder and the managing director of Plinian Capital. He brings over 30 years of experience in the resource industry to Mandalay, formerly holding the position of CEO of Lonmin plc, the world's number three platinum and PGM producer, and prior to that, served as president of the BHP Billiton's copper group.
Mandalay Resources Corporation Announces Record Third Quarter Financial Results and Initial Dividend
TORONTO, ON, November 8, 2012
Do your own D. D.
"With the addition of 2012''s drill results, we are pleased that we have made substantial progress in identifying a potential starter gold pit at Nucleus. This higher grade portion of the deposit contains two thirds of Nucleus'' indicated resource and averages over 1 g/t Au. Combined with the excellent metallurgical recoveries of gold at Nucleus of up to 97%, this represents a significant positive development for the project. The first economic study is currently underway on the Nucleus gold (with minor silver and copper) deposit and on the adjacent Revenue copper-gold-molybdenum deposit. We expect this initial Preliminary Economic Assessment to be completed in the first quarter of 2013. Both deposits are open in all directions. Nucleus and Revenue already contain 1.3 million Indicated oz and 1.9 million Inferred oz of gold. We believe these deposits form part of a much larger continuous district-scale gold-copper system as evidenced by an 8 kilometre long geophysical anomaly and largely coincidental gold and copper soil anomalies," commented Northern Freegold''s President and CEO, John Burges.