Articles Tagged "Gold Company News"

Richmont Mines Confirms Grade and Continuity of Resource at Island Gold Deep Resource

Gold – Richmont Mines Inc. (TSX:RIC,NYSEMKT:RIC) has achieved access to the upper portion of the Island Gold Deep resource with approximately 130 metres of development into the C Zone at a vertical depth of 560 metres. The claims are wholly owned by Richmont, and the company continues to delineate the resource through its 2014 definition drilling program while compiling results from 2013 exploration drilling.

Castle Mountain Mining’s PEA Delivers Production Plans of 176,000 Ounces of Gold Per Year Over 17+ Years

Gold – Castle Mountain Mining Company Limited (TSXV:CMM) has received a positive Preliminary Economic Assessment for its 100% controlled Castle Mountain Mine in San Bernardino County, California. The study was completed by RPA Inc. with the collaboration David Penswick, P. Eng., and the Castle Mountain technical team.

Malbex Resources Enters Earn-in Agreement with Barrick Gold on Del Carmen Project in Argentina

Gold – Malbex Resources Inc. (TSXV:MBG) has entered into an agreement with Barrick Gold Corp. (TSX:ABX) regarding Malbex's Del Carmen project in San Juan Province, Argentina. Under the agreement, Barrick will have the option to earn a 51-percent interest, and later a 75-percent interest, in the Del Carmen project based on the meeting of certain expenditure requirements.

Roxgold Feasibility Study Suggests After-Tax IRR of 48.4% for Yaramoko Gold Project

Gold – Roxgold Inc. (TSXV:ROG) announced the results of its feasibility study prepared pursuant to National Instrument 43-101 for the 55 Zone on its Yaramoko exploration permit in Burkina Faso. The study suggests an initial life of mine of over seven years and envisions an underground mining scenario. Highlights from the study also include a mining plan based on 4.9 grams of gold per tonne, and an Internal rate of return of 48.4% after taxes with a payback period of 1.6 years.