44.51Gold
Yahoo! Finance: Gold Industry News
The latest news on the Gold industry from Yahoo! Finance
last updated: Mar 12 2010 1:40 AM
- Allied Nevada Reports 2009 Net Income of $8.5 Million or $0.13 Per Share (Marketwire)
- Golden Phoenix Closes the Mineral Ridge Joint Venture Sale With Scorpio Gold (PR Newswire)
Golden Phoenix Minerals, Inc. is pleased to announce that it has completed the sale of a 70-percent joint venture interest in its Mineral Ridge gold property, together with related assets, to Scorpio Gold Corporation.
- Kinross in Potential Acquisition Deal (at TheStreet.com)
- Goldcorp Operating Cash Flow Exceeds $1.2 Billion on Record 2009 Gold Production (Marketwire)
- Spot Metals Respond to China, Chile (at TheStreet.com)
- El Gallo: Thick Intersections of Good Grade Continue. 283.4 gpt Silver over 39.3 m, 104.4 gpt Silver over 53.9 m & 868.9 gpt Silver over 7.1 m.
TORONTO, ONTARIO (March 1, 2010) US GOLD CORPORATION (NYSE Amex: UXG) (TSX: UXG) is pleased to announce additional core drilling results from the El Gallo Project in Sinaloa State, Mexico. The three best holes from the fifteen assayed since our last update are: 8.3 ounces of silver per ton (opt) over 128.8 ft (feet) (283.4 grams per tonne (gpt) over 39.3 meters (m)), 3.0 opt silver over 176.8 ft (104.4 gpt silver over 53.9 m) and 25.3 opt silver over 23.3 ft (868.9 gpt silver over 7.1 m). These results are part of the 330,000 ft (100,000 m) of drilling planned for El Gallo and surrounding targets this year. - El Gallo Best Drill Results to Date. Long Intersections of High Grade and Near Surface. 11.4 opt Silver over 386.8 ft and 19.2 opt Silver over 95.5 ft
TORONTO, ONTARIO (February 11, 2010) US GOLD CORPORATION (NYSE Amex: UXG) (TSX: UXG) is pleased to announce the most significant results to date from its El Gallo Project in Sinaloa State, Mexico. Exploration was focused on expansion drilling in several areas of the property. The two best results from the eleven holes assayed since our last update are: 11.4 ounces of silver per ton (opt) over 386.8 ft (feet) (390.3 grams per tonne (gpt) over 117.9 m (meters)) and 19.2 opt silver over 95.5 ft (659.0 gpt silver over 29.1 m). - El Gallo Exploration Off to Excellent Start in 2010. 18.6 opt Silver over 134 ft & 4.4 opt Silver over 239 ft! Mineralization Starts Near Surface
TORONTO, ONTARIO-- US GOLD CORPORATION (NYSE Amex:UXG)(TSX:UXG) is pleased to announce results from two areas at the El Gallo Project in Sinaloa State, Mexico. These results represent the first four core holes drilled at El Gallo in 2010. Highlights include: 18.6 ounces of silver per ton (opt) over 134.2 ft (feet) (638.0 grams per tonne (gpt) over 40.9 m (meters)) and 4.4 opt silver over 239.2 ft (150.9 gpt silver over 72.9 m). Mineralization in both holes starts near-surface. - Gold Bar Drilling Returns 0.06 opt Gold over 75ft. +340,000 ft of Drilling Planned for Mexico & Nevada in 2010
TORONTO, ONTARIO - US GOLD CORPORATION (NYSE Amex:UXG)(TSX:UXG) is pleased to announce good exploration results from Nevada. The best results continue to come from West Pick, including 0.06 opt (2.05 gpt) gold over 75 ft (22.9 m) and 0.027 opt (0.94 gpt) gold over 180 ft (54.9 m).