TORONTO, ONTARIO--(Marketwired - March 12, 2014) - Crocodile Gold Corp. (TSX:CRK)(OTCQX:CROCF)(FRANKFURT:XGC)("Crocodile Gold" or the "Company") reports on high-grade intersections from drill holes completed on the Phoenix and Lower Phoenix structures at the Fosterville Gold Mine (FGM) in the State of Victoria, Australia. Highlights of the drilling include:
Phoenix Structure Drill Intercepts
12.66 g/t Au over 6.90m (ETW* 5.40m) in hole UDH0501
6.40 g/t Au over 9.65m (ETW 7.90m) in hole UDH0503
10.41 g/t Au over 5.30m (ETW 3.80m) in hole UDH0505
6.00 g/t Au over 15.90m (ETW 11.70m) in hole UDH0750
Lower Phoenix Structure Drill Intercepts
24.00 g/t Au over 33.80m (ETW 7.00m) in hole UDE110
32.86 g/t Au over 3.60m (ETW 3.00m) in hole UDH0561
12.89 g/t Au over 14.35m (ETW 8.00m) in hole UDH0575
19.15 g/t Au over 6.85m (ETW 6.30m) in hole UDH0617
16.67 g/t Au over 11.90m (ETW 8.60m) in hole UDH0643
122.35 g/t Au over 6.80m (ETW 6.60m) in hole UDH0755
*ETW - Estimated True Width. Full drill results can be found in Table 1
2013 Phoenix and Lower Phoenix Drilling Program
The Company's 2013 drilling campaign at Fosterville Gold Mine targeted known estimated Mineral Resources associated with the Phoenix and Lower Phoenix structures as well as extension opportunities, believed to provide excellent potential for Mineral Resource growth. Progressive drilling and geological modeling of the Phoenix Fault System has confirmed the presence of two favourable structural zones (Phoenix and Lower Phoenix) below the 4500mRL, which host significant gold mineralization. Both the Phoenix and Lower Phoenix Zones are proximal to fold axial plane offsets along the Phoenix Fault System.
Rexahn's (RNN) Supinoxin (RX-5902) has so far shown to be "safe and well-tolerated" in an ongoing Phase I trial of patients with solid cancer tumors, with no drug-related side-effects reported.
A fourth dosing cycle has been initiated following the completion of three cycles.
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Shares jump 14.9%.
. But he's zero for 3+ in the past 4 years on the USDX.
Armstrong...The rise in the Euro is indicative of the broad economic decline that will cause a rise in civil unrest after 2015.75. This trend was the kiss-of-death for the dollar back in the 1930s. The higher the dollar rose, the worse the economy imploded. We are seeing the very same trend in Europe at this time. This will seriously impact even the Swiss economy driving the prices of exports higher and preparing for the major high we see next year on a 26 year cycle in Swiss real estate. Like Singapore – it is just getting too rich on a global scale for capital.
The US dollar will rise exponentially after 2015.75 with the US economic decline and the ECM aside from the geopolitical risks. When the US economy turns down, then we will see the rise in the dollar really take off as normal.
Jesse...9 march 2014
This is a story based on a report out of the Ukraine. Obviously I do not know yet if it is accurate. The information coming out of the Ukraine and Crimea should be sifted carefully, no matter what the source.
I find this one hard to believe. I am informed by high reliable people that no one cares about gold anymore. And very important analysts claim that transporting many tonnes of gold (Ukraine is said to have about 33 tonnes) is very difficult, and so unwieldy and fraught with peril that it must be a multiyear project.
But if the Ukraine's gold was taken away for safekeeping, it may be so safe that they will never see it again for a long time. Just ask Germany.
Armstrong is turning out to be a modern day Nostradamus. He gives out a million predictions and only highlights the ones that hit.
Gambling...not entirely true, he posts quite a few of the ones that praise his work
The Economic Confidence Model calls the shots. When the opposite of the call happens, it's called a Cycle Inversion. That is what caused the not so big dollar rally. Gold only rises with a loss of confidence, because history has said so.
The poll numbers are what.... 18%?
So in a rigged market the opposite should happen, until it doesn't.
Why? He has already said the minimum target was hit....
The target of 1150 was the MINIMUM and from a price objective, the model would be satisfied with that 1151 June low if the timing is right. That does not negate pressing lower to retest the 1980 high of $875. But just as we have a difference between the annual intraday high and annual closing, we have a significant difference between CASH and FUTURES. The Cash low is June 28th, but the futures on the actual COMEX floor is December 31st. This creates a difference in timing as well for the February target calculated from the CASH disagrees with the FUTURES that is April.
was located at BMDD 1194... 4M@7.97g/t ....including email@example.com/t
You will not have to wait until next year. Don't tell anybody or it will be all over the internet.:-))
There won't be any shares the dilution will occur in the JV structure.
How does a JV at Buziba have anything to do with mining Buckreef?
March 3, 2014 3:45PM
As we predicted/requested on Friday, The Tulving Company has gone out of business, as of Monday morning. They are no longer answering their phones, and we have reliable information confirming that they have ceased operations.
This page will be updated as more information comes in.
There is a lot of information on our old page about The Tulving Company.
We hope to update this page with information about what will happen next. At this point, our best guess is that The Tulving Company will file for bankruptcy. Unfortunately, we believe that there will be little in the way of available assets with which to compensate those whose orders were not fulfilled.
If You Have Unfulfilled Orders
If you have unfulfilled orders, I would recommend checking this page frequently for updates.
If You Had an Order Fulfilled Recently
You may want to check this page occasionally to see if The Tulving Company files for bankruptcy, and if so, to verify that doing so would not affect you.
You have been shorn of half your money and you believe anything is going to change!
Do you mean currency? Let me know what the currency price was when TRE was first listed on the AMEX. BTW... Bill is quoted from Lemetropole cafe snippets....you hired hands playing #$%$ Tracey, need to take notes.
They'll have about 4.4 million ounces to play with between properties. Not concerned with a divi at this time, because there will not be a bunch of shares issued to cover mine build out.
The mine as you go concept.... will catch on to other operators.
Why have a bunch of BS banksters stuck up your tail pipe. That may be why this board has been so infested.
From AGM video.... TRX schedule for mining the first portion of 2.42 million ounces measured & indicated.
Site work began March 2014
Recruitment / Training Q2 2014
Mining - June 2014
1st Gold pour is scheduled for September 2014
Can't have Russia getting all the attention....
updated 9:01 PM EST, Sun March 2, 2014
Seoul (CNN) -- North Korea fired two short-range missiles off its eastern coast on Monday, the second such launch in less than a week, according to the South Korean Defense Ministry.
The defense ministry said it is on high alert and monitoring the situation. It called on the North to stop the missile launches.
The weapons launched were Scud missiles with a range capability of 500 kilometers, according to the defense ministry, twice that of those launched last week.
On Thursday, four Scud missiles were fired into the sea off North Korea's eastern coast just days after the start of annual joint military exercises between South Korea and the United States. North Korea opposes such exercises, which routinely spark tension among the three countries.
Last year's exercises triggered weeks of heightened tensions between the nations and North Korean threats of nuclear war.
Thursday's launch was the first time North Korea had fired Scud missiles, which have a range that covers the whole of the Korean Peninsula, since 2009, South Korea said.
Foreign policy experts say the North Korean missile firings may not herald a repeat of last year's saber rattling from Pyongyang, which included threats of preemptive nuclear strikes against the United States and South Korea and the declaration that the armistice that stopped the Korean War in 1953 is null and void.
VANCOUVER, BC – February 25, 2014 - SilverCrest Mines Inc. (“SilverCrest" or "the Company") is pleased to announce it has received notice of exercise of the Underground Mine Option from Sandstorm Gold Ltd. (“Sandstorm”) for the Santa Elena Mine, Sonora, Mexico. This Option allows Sandstorm to purchase 20% of the gold produced from underground operations at the Santa Elena. In consideration of exercise of the option, Sandstorm will make an additional upfront deposit of US$10 million to the Company on or before March 17, 2014 and will continue to make ongoing per ounce payments of US$350 until 50,000 ounces of gold have been delivered to Sandstorm, inclusive of 18,593 ounces already received from open-pit production, at which time the payments will increase to US$450 per ounce of gold.
N. Eric Fier, President and COO commented; "The upfront deposit of US$10 million will improve our cash balance and further enhance the Company’s financial position to achieve its 2014 goals for the mine expansion at Santa Elena. We are pleased with Sandstorm’s expression of confidence in Santa Elena Mine, and our continued mutually beneficial relationship.”
Major expansion and construction of the 3,000 tonnes per day conventional mill facility is nearing completion and is expected to significantly increase metals production at the Santa Elena Mine (open pit and underground) in 2014 and beyond. Exploration programs continue to make new discoveries at Santa Elena and also have rapidly advanced the definition of a large polymetallic deposit at the La Joya property in Durango State with stated resources nearing 200 million ounces of Ag equivalent.
VANCOUVER, BC – February 24, 2014 - SilverCrest Mines Inc. (“SilverCrest" or "the Company") is pleased to announce that the Company will begin trading on the Toronto Stock Exchange ("TSX") on February 24, 2014 following its graduation from the TSX Venture Exchange (the "TSXV"). The common shares of the Company will be concurrently delisted from TSXV upon commencement of trading on TSX. The trading symbol for the common shares of SilverCrest will remain "SVL". The common shares of the Company are also listed on NYSE MKT under the symbol "SVLC.
N. Eric Fier, President and COO stated; "We are certainly pleased with this recognition of the growing stature of SilverCrest. The acceptance for trading of our common shares on the TSX is another significant milestone in the development of our corporate growth. We expect the higher profile afforded by the TSX will give the Company exposure to new segments of the investment community and provide greater liquidity for those investors wishing to trade the shares of our Company".
SilverCrest Mines Inc. (TSX.V: SVL; TSX: SVL; NYSE MKT: SVLC) is a Canadian precious metals producer headquartered in Vancouver, BC. SilverCrest’s flagship property is the 100%‐owned Santa Elena Mine, located 150 km northeast of Hermosillo, near Banamichi in the State of Sonora, México. The mine is a high‐grade, epithermal silver and gold producer, with an estimated life of mine of 8 years and cash costs of $11 per ounce of silver equivalent (55:1 Ag:Au) for the open pit heap leach and underground mine. SilverCrest anticipates that the new 3,000 tonnes per day conventional mill facility at the Santa Elena Mine should recover an average annual rate of 1.5 million ounces of silver and 32,800 ounces of gold over the current reserve.
We don’t have to wait for breakout to occur before taking positions, because the volume pattern and volume indicators in the GDXJ have already signaled that it is going to break out to the upside soon, or imminently, to commence a major uptrend, and this junior ETF is highly unlikely to enter an uptrend without the large and mid-cap stocks taking off higher with it.
Clive Maund....Feb 24, 2014
A lot of investors are going to miss out on the huge bullmarket advance in the Precious Metals sector that is just starting as this is written, because they are frightened of the impact of the broad market on the sector, but as we will see, the sector itself is signaling that it is going up, big time.
If the broad market looks set to go up, then many investors think that the Precious Metals sector will be ignored and drift lower again, as the broad market continues to rise. If the broad market tanks, then they think that the PM will get dragged down with as in 2008.
Actually, the way that it is looking now is that the broad market will continue higher and higher and the PM sector will soar. Why would that happen? – because we are on the road to hyperinflation, that’s why. It is becoming increasingly apparent that either the Fed will chicken out of significant tapering, or that even if they do backpedal it will be too late, as the huge overload of extra money that has been injected into the system since 2008 wreaks havoc.
Fortunately, as far as investing in the PM sector is concerned, we don’t have to bother to extrapolate fundamental scenarios, we just have to follow the message of the market itself, via Technical Analysis as applied to recent action in the PM sector.
It is no coincidence that the Market Vectors Junior Gold Miners ETF, GDXJ, is right on the point of breaking out from its downtrend in force from 2011 at the same time as many PM stocks are right at the starting line of major uptrends, being at key resistance at the top of base patterns that have formed since last June or on the point of breaking out of long-term downtrend, or both.
Tanzanian Royalty Exploration Corporation is pleased to report on progress at Buckreef open cut gold operation.
Two key Permits have been granted to its Buckreef Mining subsidiary for blasting and chemical processing prerequisite for production plans at the company's open cut area above the historical underground production workings. The permits are "Certificate of Registration of Premise" and "Certificate Holder of Ten Chemicals for Processing Operations". The permits are issued by the Government Chief Chemist, Geita Zone and the Geita Zonal Mines Office.
Plant, earth moving equipment and power back up generation is now at the Buckreef camp. No further permits or licences are required. Power will be brought into camp from the nearby (1km) Tanesco standing power lines. Operations will commence as soon as plant construction is completed.
President and CEO
A recently announced highly successfully drilling program has confirmed the potential for a standalone mine at Buckreef Main. "Now with the joint venture to expand and develop Buziba-Busolwa, we have the potential to accelerate development of 2 large gold mine deposits," added Mr. Sinclair.
Significantly, and in addition to the synergies and expansion value of this joint venture, Tanzanian Royalty is also relieved of raising additional financing to bring the Buziba-Busolwa Project to production.