San Gold Corp. A Manitoba based Gold Mining and Exploration Company today reported the discovery of a new high-grade gold occurrence. The spectacular discovery, made by surface diamond drilling has been christened the 007 zone. San Gold company CEO Dale Ginn reports that drill hole CD-09-007 encountered 1,787.7 grams per tonne gold (52.2 ounces per ton) over 2.1 metres (6.9 feet)This deposit is located approximately 600 metres to the southeast of the new Hinge mine that was recently put into ... Read Full Story
The courier.com.au is running a story today with the title “New Gold Fortune Hunt Is On”.This gold rush is taking place about 158 years after the first would be prospectors rushed in masses to the Ballarat's goldfields. Similar to the American and Canadian gold rushes of old, it was the appeal and the potential payoff that caused people for all walks of life to take a gamble for gold in Ballarat's goldfields.Today with gold hovering around $1000 usd per once the number of prospectors heading ... Read Full Story
On sept 23 2009, HudBay Minerals (HBM.TO)reported a high grade drill intercept of gold at 13.35 grams per tonne, silver at 27.98 grams a tonne, and copper at 5.33% over a 34.54-metre (113.32-foot) length of drill core at its Lalor deposit in Manitoba. Drilling encountered this copper and gold at a lower depth than the zinc and gold zones it had previously found at the deposit.HudBay first discovered zinc at Lalor two years ago, and has since encountered what could be significant gold deposit... Read Full Story
Recent news from several mining and exploration companies clearly demonstrates that the search for new gold has ramped up in the Rice lake Greenstone Belt of Manitoba. Over the last few weeks there have been news releases of new gold discoveries, joint venture exploration projects, diamond drilling projects, mining claim acquisitions and new exploration work taking place throughout the region. At least six different companies have made recent press releases all of which contain exciting news ... Read Full Story
That's easy to answer, it's one of the more important metals that we prospectors look for? It's part of the prospectors dream and we always try to chase it out of where it hides. We all know that gold is valuable and important, but sometimes we need a little reminder of just how great a metal Gold really is.Here are some interesting facts about Gold.The properties and uses of the metal gold.Chemical symbol: AuAtomic number: 79Atomic weight: 196.967Specific gravity: 19.3 (Twice as heavy as lea... Read Full Story
Higher gold prices are something that all gold prospectors wish to see. Gold fetching $1,000 per once is much better than say $600. For the serious prospector getting a higher value for his or her gold usually ranks as high on the dream list as finding a good lode of the stuff.Lately due to the uneasiness in stock markets and economies, more and more people appear to be seeking refuge in gold as a investment safety net. This and other factors such as possible supply shortages have caused the ... Read Full Story
I seldom get to comment on what being a prospector means to me personally. Today is one of those very few times. Yesterday I had the pleasure of signing a deal with an exploration company that will provide me the prospector with assurances of a good deal on property held by a company I helped form. This is an example of what we look forward to as prospectors, when we find the good areas and get them explored by hard work or as in this case hard work and an option to explore by another company... Read Full Story
PINAWA, MANITOBA-- Aug. 27, 2009 - EagleRidge Minerals Ltd (ERM) is excited to announce today that is has received final assays from its 2009 geological mapping, geochemistry and prospecting work on the Fischot Islands, on the Great Northern Peninsula of Newfoundland.During the months of June and July, the company was very busy conducting ground exploration work in the Great Northern Peninsula area of Newfoundland and surrounding areas. Work was focused in the Baie Verte and St. Julien's Proj... Read Full Story
I just had the opportunity to read a story in the Globe and Mail concerning new gold discoveries made in the Klondike. It seems that gold prospecting may have finally located at least one of the elusive mother lodes that thousands of fortune hunters and would be prospectors searched for over 100 years ago.I think this shows that prospecting is a very useful profession and it can be rewarding, but it takes time to do it right!Here are some parts of the full story."We've finally found the first... Read Full Story
Pinawa, Manitoba July 12th, 2009EagleRidge Minerals Ltd (ERM) is excited to announce today that is has made some sufficient additions to its mineral claim portfolio in Newfoundland and Labrador. ERM has staked new ground in the Baie Verte area for gold and the Goose Cove area for copper.ERM has added an additional 13 claims in the Micmac lake region on the Baie Verte Peninsula, approximately 40 kilometres to the south of the community of Baie Verte,, Newfoundland. These claims were staked to ... Read Full Story
