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Here is some news that caught my eye today in the mining stock world.
Barkerville Gold Mines – BGM - Barkerville Gold still working on technical report - Barkerville stock has been halted since Aug 15th,2012 when it was issued a cease trade order by the BC securities commission. The company is interestingly enough continuing to produce gold at its QR mine and mill. The stock will remain halted until Barkerville files a 43-101 report that is acceptable to the BCSS that address all technical concerns. BCSC has an issue with the 43-101 report of Barkerville on Jun 28th stating over 10 million ounces with a potential for 65-90 million ounces of gold.
Pilot Gold – PLG - Pilot Gold drills 34.2 m of 6.59 g/t Au at TV Tower - Another solid gold drill hole from Pilot in Turkey. This was an infill drill hole else you would have seen the stock probably move more. What is an infill drill hole?
“Infill drilling is necessary to demonstrate continuity of high-grade zones of gold mineralization, and we are pleased that these results confirm continuity and extend it,” said Matt Lennox-King, president and chief executive officer, Pilot Gold.
Temex Gold – TME – Temex drills 47.69 m of 2.13 g/t Au at Juby - A company to add to your watchlist at these levels. Temex is well financed to continue drilling with over $9 million in the treasury.
“We are extremely pleased with the results reported today which continue to demonstrate the Juby Main Zone is a very large gold system that is wide open at depth and along strike. Our current drilling on the Golden Lake portion of the project is testing only a fraction of the Juby Main Zone trend, acquired in late 2012 through our recent consolidation of the Goldeye properties which expanded our landholdings ten-fold on this outstanding project,” commented Ian Campbell, President and CEO.