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.
Articles Tagged "Source Exploration"
Economic Uncertainty, Fiscal Cliff Threaten Gold
Gold – Gold prices were stable for most of the week, but faltered on Thursday on European economic and US fiscal worries.
Source Exploration Extends High-Grade Zone at Las Minas Project
Silver – Source Exploration (TSXV:SOP) announced that four new drill holes from the 2012 program have expanded the recently discovered high-grade zone at the Las Minas property in Mexico.
Ground Magnetic Geophysical Survey Commences at Source Exploration’s Las Minas Property
Gold – Source Exploration (TSXV:SOP) has started an important ground-based magnetic geophysical survey over the central part of its concessions at the Las Minas property, State of Veracruz, Mexico, targeting approximately 5.5 kilometres by 2.5 kilometres and includes the recently reported high-grade Santa Cruz discovery area.
Source Exploration Intersects High-Grade Gold, Silver and Copper During Step-Out Drilling
Gold – Source Exploration (TSXV:SOP) intersected high-grade mineralization along-strike from that previously discovered in hole LM-11-SC-45, within the larger halo of copper-gold mineralization on step-out drilling at the Santa Cruz target at the Las Minas project in Mexico.
Source Exploration Announces New CFO and Director
Gold – Source Exploration Corp. (TSXV:SOP) announced the appointment of Gorden Glenn, B.Sc., to the Board of Directors, and Lance Dyll as Chief Financial Officer.
Source Exploration Prepares for its 2012 Work Program
Tantalum – Source Exploration Corp. (TSXV:SOP) announced that its 2012 work program for the Las Minas gold-silver-copper project at Veracruz State, Mexico will include 2,000 metres of diamond drilling to expand upon and infill the higher-grade portion of the host skarn intrusion identified in Phase 2 drilling.
Source Exploration Expands Land Position
Gold – Source Exploration Corp. (TSXV:SOP) announced that its wholly-owned Mexican subsidiary Roca Verde Exploration de Mexico has acquired, through staking, the San Valentin concession which contains 345.18 hectares and hosts a skarn system with high-grade magnetite as well as gold, silver and copper mineralization.
Source Exploration Corp. Increases Financing
Gold – Source Exploration Corp. (CVE:SOP) reports that the company has been increased by up to an additional 2,000,000 units of the Corporation to the non-brokered private placement financing announced on October 13, 2010.
