Thursday, May 31, 2018

Novo Resources Inc - NVO.v

Novo Resources Inc - NVO.v owns the approximately 10 square kilometer Beatons Creek Tenements in Western Australia and has the right to earn a 70% interest in the approximately 1,800 square kilometer Pilbara Paleoplacer Gold Project in Western Australia.
On March 13, 2018 the co released News

Novo's Comet samples return 10.4 g/t, 1.5 g/t Au

Novo Resources Corp. has provided results for the first two bulk samples from Comet Well, part of Novo's greater Karratha gold project in the Pilbara region of Western Australia. Sample KX157, a 7.143-tonne bulk sample previously reported to contain numerous gold nuggets, returned an impressive grade of 10.4 grams per tonne gold. Sample KX158, a 6.853-tonne bulk sample encompassing conglomerate and footwall dolerite, returned 1.5 g/t gold.
Shares of Novo Resources have been on a climb since the company announced on July 12 it had found gold nuggets up to 4 cm long during trenching at its Purdy’s Reward paleoplacer gold prospect in Western Australia. The company’s stock nearly tripled from 96¢, only to gain another 33¢ to $3.15 per share on Aug. 8, when assay results of a 700-kg bulk sample delivered 87.8 grams gold per tonne and 46.1 grams per tonne. The sample represents the top metre of an 11-metre thick stacked sequence of mineralized conglomerates, similar in style to deposits seen within South Africa’s 1.5 billion oz. gold Witwatersrand Basin.

The watermelon-seed shaped nuggets were originally eroded out of an ancient gold system and re-deposited via rivers in a large outwash zone. Novo has traced the nugget-rich, 2.7 billion year old conglomeratic package almost continuously along an 8-km strike length. The rocks dip 10 degrees to the southeast under a cover of basalts.

Tuesday, May 29, 2018

Orca Gold Inc. - ORG.v

Orca Gold Inc. - ORG.v is an exploration company focused in North and West Africa. Orca's flagship project is the Block 14 gold project, located in northern Sudan, near the border with Egypt.

A PEA was completed on the Block 14 project in July 2016 and updated in May 2017.

On May 28, 2018 the company released News

Orca Gold Inc. announced today that it has entered into an agreement with Resolute Mining Limited (ASX:RSG) pursuant to which Resolute has agreed to subscribe for 32,364,960 common shares of Orca at a price of C$0.675 per Share for aggregate gross proceeds of approximately C$22,000,000. Following completion of the private placement, Resolute will own 32,364,960 common shares of the Company, representing approximately 15% of the Company on a fully diluted basis.

Monday, May 28, 2018

Pacton Gold Inc. - PAC.v

Pacton Gold Inc. - PAC.v is advancing a portfolio of gold properties in Western Australia’s Pilbara Mining Region.
On May 28, 2018 the co released News

Pacton to acquire Friendly Creek leases in Australia

Pacton Gold Inc. has entered into a binding letter of intent to acquire 100 per cent of the Friendly Creek exploration licence and mining leases from Gardner Mining Pty. Ltd., an Australian proprietary limited exploration company, and Darren White. Five granted mining leases and one granted exploration license comprise a total of 31.36 km2 (the "Property"). Friendly Creek is historically one of the richest known areas for alluvial nuggets within the Pilbara region

Friday, May 25, 2018

Boogie Fever - The Sylvers (Midnight Special 1976)

"Boogie Fever" is a song recorded by Los Angeles, California-based R&B group The Sylvers, from their 1975 album Showcase. Their only hit and most lucrative single, it reached number one in the US on both the Billboard Hot 100 and Hot Soul Singles charts.

Sunday, May 20, 2018

Fura Gems Inc. - FURA.v

Fura Gems Inc. - FURA.v is a gemstone mining and marketing company. FURA’s initial focus includes mining ruby assets in Mozambique and emeralds in Colombia.
On May 8, 2018 the company released News

Fura Gems Inc. announces today the discovery of a rare and exceptional 25.97 carat rough emerald at its Coscuez Colombian Emerald Mine located in Boyacá, Colombia. This Colombian Emerald is believed by the Company to be considered rare and exceptional due to its size, colour saturation and clarity. The discovery was made as part of an ongoing bulk sampling program that commenced in late March 2018. The 25.97 carat emerald has been named the “ÄRE Emerald”, named after a figure in ancient Colombian mythology responsible for the creation of the primary sources of emeralds in Colombia’s Boyacá region: the Fura and Tena mountains as well as the Rio Minero River. ​