Zun-Holba and Irokinda are located in Russia and produce approximately 125,000 ounces of gold annually to High River.
High River Gold Mines Ltd. (TSX: T.HRG, Stock Forum) has filed a technical report as well as an audit of the resource and reserve estimate for the Irokinda gold mine in the Lake Baikal region of Russia. The company has also filed a technical report and audit for resource update for the Zun-Holba gold mine, which is also located in the Lake Baikal region.
The technical reports are compliant with National Instrument 43-101 standards of disclosure in relation to mineral projects, the company said in a press release.
Closing at $1.41 on Thursday, High River has a market cap of $1.18 billion, based on 840.2 million shares outstanding. The 52-week range is $1.44 and 91 cents.
Stockhouse Conflict and Disclosure Policy:
Stockhouse publishing Ltd., owners and operators of Stockhouse.com, has established
the following rules to ensure that there is no appearance of impropriety on the
part of any Stockhouse Editorial writers ("Writers"). The content of Stockhouse
Editorial articles (the "Articles") are the opinion of the Writer and any reliance
on the content of these articles is at your sole risk. Our Writers are not registered
investment advisors. You should not make any kind of investment decision in relation
to Articles or stocks discussed in them without obtaining advice from a registered
investment advisor.
Facts relied upon by our Writers are generally provided by the subject companies
or gathered by our Writers from other public and/or private sources. These facts
may be in error and if so, the opinions of our Writers may be materially different.
Writers may own, buy, or sell shares in public companies mentioned in their Articles,
but in the Article they must prominently state their ownership position. Thus, a
conflict may exist. Writers are not permitted to write Articles that attempt to
benefit persons connected to the Writer, such as family or friends, except where
disclosure is made in the same way as if the Writer him/herself owns stock.
Writers cannot solicit, accept, or agree to receive anything of value given or paid
with the intent of influencing their Articles.
Stockhouse notifies each Writer about these rules, and we rely on the integrity
of our Writers to ensure that our rules are followed.
Stockhouse.com: Taking
it to the street
