Articles Tagged "Source Exploration"

Gold Price Up Following Fed Meeting After Hitting Four-month Low

Gold – Gold bugs hoping for good news from the precious metals space will have been disappointed again, as there was no brighter gold price at the end of the rainbow this St. Patrick's day. Prices dropped to a four-month low, hitting about $1,143.40 per ounce during Tuesday trading hours before settling around $1,149.10, down about half a percent from the previous day's close.

Source Exploration Starts $800,000 Private Placement

Source Exploration (TSXV:SOP) has announced the start of a private placement of up to 10 million units to raise proceeds of $800,000. The proceeds from the placement will be used to continue exploring the company's Las Minas project in Mexico as well as for general working capital purposes.

Thomas Schuster Says Source Exploration’s Project Has Promise

Rocks to Riches With Thomas Schuster recently featured Source Exploration Corp.'s (TSXV:SOP) Las Minas property in Mexico, saying that "This project is flying under the radar screen of the market right now. Las Minas reminds me of the big Torex Gold Resources Inc. (TXG:TSX) Media Luna deposit on the other side of Mexico. Like Media Luna, Las Minas hosts skarn-style mineralization.... As Source keeps expanding the mineralization at the Santa Cruz and El Dorado targets, I believe the market will eventually catch on."

Thomas Schuster Says Source Exploration’s Project Has Promise

Gold – Rocks to Riches With Thomas Schuster recently featured Source Exploration Corp.'s (TSXV:SOP) Las Minas property in Mexico, saying that "This project is flying under the radar screen of the market right now. Las Minas reminds me of the big Torex Gold Resources Inc. (TXG:TSX) Media Luna deposit on the other side of Mexico. Like Media Luna, Las Minas hosts skarn-style mineralization.... As Source keeps expanding the mineralization at the Santa Cruz and El Dorado targets, I believe the market will eventually catch on."

Kinross Takes $3-billion Punch on Tasiast Writedown

Gold – Kinross and Barrick both announced multi-billion-dollar writedowns in the fourth quarter. Investors, however, see a silver lining in the bad news.