Gold – Homestake Resource Corporation (TSXV:HSR,FWB:B6I) expanded its Kinskuch property by an additional 2290 hectares in two claim groups and also expanded its Homestake Ridge property by an additional 1027 hectares in two claims. This expanded Homestake's property position within the Kitsault Mineral District in British Columbia to 68,207 hectares.
Gold – Gold came roaring back this week, retracing about half of the losses it sustained on April 15.
Gold – Homestake Resource Corporation (TSXV:HSR,FWB:B6I) announced an approximate 40% increase for the Homestake Ridge project: Indicated: 124,000ozs Au, 939,000ozs Ag (141,000ozs AuEq) and Inferred: 911,000ozs Au, 20,366,000ozs Ag (1,226,000ozs AuEq).
Gold – Homestake Resource Corporation (TSXV:HSR,FWB:B6IH) announced the following results from its 2012 Annual General Meeting held on March 14, 2013: shareholders re-elected directors of the Company, Smythe Ratcliffe LLP, Chartered Accountants were reappointed as auditors of the Company, and the rolling stock option plan was approved.
Gold – Homestake Resource Corporation (TSXV:HSR,FWB:B6IH) closed the final tranche of its non-brokered private placement for gross proceeds of $75,000. A total of 500,000 units were issued at a price of $0.15 per unit.
Homestake Resource Corporation (TSXV:HSR,FWB:B6IH) reported that its board of directors approved an advance notice policy to provide shareholders, directors and management of Homestake with a clear framework for nominating directors.
Gold – Gold bugs had something to celebrate this week when Thomson Reuters GFMS stated in a report that gold will reach record highs in 2013.
Gold – Homestake Resource Corporation (TSXV:HSR,FWB:B6IH) announced assay results from Phase II of the drilling on the Homestake Ridge project in BC. The drill results include 10 of 13 diamond drill holes that total 4,250 metres. Highlights include a 3.0 metre interval averaging 5.4g/t gold and an 0.8 metre interval averaging 14.4g/t gold was found in drill hole HR12-242; a 5.8 metre interval averaging 2.3g/t gold and a 0.6 metre interval averaging 12.2g/t gold was found in hole HR12-248.
Resource prices and stock markets rose this week after cliffhanger talks produced an agreement that removes some uncertainty in the world’s biggest economy.
Gold – Homestake Resource Corporation (TSXV:HSR,FWB:B6IH) announced an equity financing for its 2012 Kinskuch exploration program, consisting of flow-through Common Units and non-flow-through Units.
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