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.
Gold – Kinross and Barrick both announced multi-billion-dollar writedowns in the fourth quarter. Investors, however, see a silver lining in the bad news.
Silver – Source Exploration Corp. (TSXV:SOP) announced receiving the results of ground based magnetic geophysical surveys carried out by Geofisica TMC SA de CV at its Las Minas project, Mexico. The main survey was carried out over an area covering 13.5 km2.
Gold – Source Exploration Corp. (TSXV:SOP) announced receiving the results of ground based magnetic geophysical surveys carried out by Geofisica TMC SA de CV at its Las Minas project, Mexico. The main survey was carried out over an area covering 13.5 km2.
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.
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.
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.
Gold – Source Exploration Corp.(TSXV:SOP) announced that it has received the drill results from the first two step-out holes at Las Minas. The Company intersected high-grade copper and magnetite mineralization that indicates the opportunity to expand the zone at Las Minas.
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.
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.
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.
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