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  • Orsu Metals estimates 30m tonnes of gold at Russian field

    Photo courtesy of James St. John. Canadian-based mining company Orsu Metals estimates its Russian gold field, the Sergeevskoe Gold Project, contains over 30 million tonnes of gold ore, graded at 1.45 g/t gold. It believes a cut-off grade of 0.5 g/t will give the company 1.4 million oz. of gold, or 39,689 kg.

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  • Resources Top 5: Castile hits ‘stunning’ 30m at 35.6g/t

    14/10/2020· The first drill hole in Castile Resources’ (ASX:CST) first ever drilling program at the ‘Rover 1’ prospect has pulled up a stunning intercept of 30.4 metres at 35.6 g/t gold, 506.5m from surface. In February, Top 10 Aussie gold producer Westgold Resources (ASX:WGX) spun its Northern Territory gold-base metal assets into new IPO Castile Resources,

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  • How Gold Is Mined Gold Mining Process World Gold

    Yet mining the ore is just one stage in a long and complex gold mining process. Long before any gold can be extracted, significant exploration and development needs to take place, both to determine, as accurately as possible, the size of the deposit as well as how to extract and process the ore efficiently, safely and responsibly. On average, it takes between 10-20 years before a gold mine is

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  • Marathon Gold raising C$30m in upsized bought

    Marathon Gold (TSE: MOZ) has announced a C$30 million (upsized from C$26 million) bought deal net proceeds are intended for permitting, development and exploration at its Valentine gold

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  • Eastern Goldfields seeks $30m for development of gold

    The gold miner, which launched production at its Davyhurst operation this year, is also seeking to raise an additional $12.5 million by issuing up to 150 million shares for 20 cents each.

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  • More gold sniffs for Godolphin at Lachlan Fold Belt

    21/12/2020· Notable intercepts from the latest round of drilling were 30m at an average grade of 0.64 grams per tonne gold and 0.04 per cent copper from 178m including 18m at 1.0 g/t gold from 182m, which in turn includes a 2m section going an intriguing 6.9 g/t from 182m. The prospect sits within the company’s Copper Hill East project 35 kilometres north of Orange in the venerated Lachlan Fold Belt

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  • Gold Department for Energy and Mining

    Mineralisation occurs as three pipelike ore shoots about 30m in diameter that plunge about 30 o north northeasterly with associated narrow, sub-vertical high grade veins. Mineralisation has been intersected over a down plunge distance of 800m.

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  • Gold mining Wikipedia

    Bronze Age gold objects are plentiful, especially in Ireland and Spain, and there are several well known possible sources. Romans used hydraulic mining methods, such as hushing and ground sluicing on a large scale to extract gold from extensive alluvial (loose sediment) deposits, such as those at Las Medulas.Mining was under the control of the state but the mines may have been leased to

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  • More gold sniffs for Godolphin at Lachlan Fold Belt

    21/12/2020· Godolphin Resources has again returned some tantalising RC drill hits it says continue to point to the margins of a potential copper-gold porphyry-style mineralised system at its Turrawonga discovery in NSW’s Lachlan Fold Belt. Notable intercepts from the latest round of drilling were 30m at 0.64 g/t gold and 0.04 per cent copper from 178m including 18m at 1.0 g/t gold, which

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  • More gold sniffs for Godolphin at Lachlan Fold Belt

    21/12/2020· Notable intercepts from the latest round of drilling were 30m at an average grade of 0.64 grams per tonne gold and 0.04 per cent copper from 178m including 18m at 1.0 g/t gold from 182m, which in turn includes a 2m section going an intriguing 6.9 g/t from 182m.

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  • Oklo unearths high-grade gold of upto 30m

    Significant intersections include 30m at 8.54g/t gold from 135m including 7m at 30.69g/t gold from 142m; and 13m at 15.80g/t gold from 91m including 4m at 46.65g/t gold from 92m. OKU reported that gold mineralisation is now confirmed down dip to 170m (vertical depth of ~130m) and remainsopen at depth, with individual grades of up to 106g/t gold (equivalent to ~3.4oz/t gold).

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  • Eastern Goldfields seeks $30m for development of gold

    The gold miner, which launched production at its Davyhurst operation this year, is also seeking to raise an additional $12.5 million by issuing up to 150 million shares for 20 cents each.

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  • GOLD: Marathon Gold raising $30M in upsized bought

    TORONTO Marathon Gold has announced a $30 million (upsized from $26 million) bought deal net proceeds are intended for permitting, development and exploration at its Valentine gold project in Newfoundland. The syndicate of underwriters is co-led by Canaccord Genuity, Sprott Capital Partners and RBC Capital Markets; the underwriters have agreed to purchase 20 million units at $1.50 per

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  • GOLD: Marathon Gold raising $30M in upsized bought

    TORONTO Marathon Gold has announced a $30 million (upsized from $26 million) bought deal net proceeds are intended for permitting, development and exploration at its Valentine gold project in Newfoundland. The syndicate of underwriters is co-led by Canaccord Genuity, Sprott Capital Partners and RBC Capital Markets; the underwriters have agreed to purchase 20 million units at $1.50 per

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  • Newcore Gold Intersects 1.38 g/t Gold Over 45.0 Metres

    26/11/2020· Newcore Gold is advancing its Enchi Gold project located in Ghana, Africa’s largest gold producer 1. The Project currently hosts an Inferred Mineral Resource of 1.2 million ounces of gold at 0

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  • Surefire confirms more high-grade gold at Murchison WA

    15/12/2020· The second Cashens Find intercept returned 3m at 2.04 g/t gold from 30m. The Perth-based company was an unloved gold stock earlier this year as the share price flat-lined around $0.003 at the back end of WA’s Coronavirus-inspired lockdown. However, it seems to have since become somewhat of a market darling during the last seven months as its share price steadily rose, peaking at

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  • Surefire could have itself a second significant gold

    Meanwhile, Cashens Find produced intersections of 9m at 4.17g/t, including 3m at 9.41g/t, starting at just 18m and 3m at 2.04g/t from 30m. Each drill hole intersected anomalous gold mineralisation and significant intersections were produced from 10 of the 20 holes completed.

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  • More gold sniffs for Godolphin at Lachlan Fold Belt

    21/12/2020· Godolphin Resources has again returned some tantalising RC drill hits it says continue to point to the margins of a potential copper-gold porphyry-style mineralised system at its Turrawonga discovery in NSW’s Lachlan Fold Belt. Notable intercepts from the latest round of drilling were 30m at 0.64 g/t gold and 0.04 per cent copper from 178m including 18m at 1.0 g/t gold, which

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  • Mining Stocks vs. Gold & Silver 81 Year Chart

    Interpretation. The Barron’s Gold Mining Index (BGMI) goes back all the way to 1939 but unfortunately it is not updated automatically.The "Philadelphia Gold and Silver Index" (XAU) is an index of thirty precious metals mining companies and it goes back to 1983.Today, the XAU is THE benchmark for companies in the mining sector for precious metals. . This comparative chart shows how the

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