New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 13, 2013
08:16 EDTAUYYamana Gold announces 44% increase to mineral resources at Cerro Moro
Yamana Gold provided an update on its Cerro Moro gold project in Santa Cruz, Argentina, reporting initial indicated mineral resource of 1.95M gold equivalent ounces, an increase of 44% from the previous estimate before the company acquired the project, contained in 4.16M tonnes with an average GEO grade of 14.6 grams per tonne; and an inferred mineral resource of 490,000 GEO contained in 3.60M tonnes with an average GEO grade of 4.2 g/t. The company said its 2013 exploration program at Cerro Moro will focus on drill testing eight priority target areas located on the northern La Negrita block, an entirely new zone, and drill testing existing geologic targets, geochemical anomalies and vein extensions within nine priority target areas in the southern Escondida block, which contains the majority of current known mineral resources. The 2013 exploration drilling program at Cerro Moro commenced in mid-January and is already demonstrating success. The company is expecting to spend $12M in 2013 on exploration to execute the 25,000 metres of drilling with the goal of expanding the areas of mineralization to the La Negrita block and to add significantly to the mineral resource base.
News For AUY From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
September 24, 2014
07:56 EDTAUYCFA Society of Philadelphia to host a luncheon meeting
Subscribe for More Information
September 16, 2014
07:41 EDTAUYDenver Gold Group to hold a forum
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use