January 2012
Finore Extends PGE & Gold Mineralization Along Strike at Haukiaho
January 31, 2012 by prospectingjournal · Leave a Comment
NEWS–FINORE MINING INC. (CNSX:FIN) (the “Company” or “Finore”) is pleased to announce results from the first 3 drill holes from the Company’s initial drill programme on the Läntinen Koillismaa palladium-platinum-gold-copper-nickel project (the “LK Project”) in north central Finland. Highlights include: 44.0 metres @ 0.80g/t PGE+Au; 0.28% Cu; 0.19% Ni from 58m (Hole HAU11-002) including 13.0 [...]
Gold Bonds: Averting Financial Armageddon
January 30, 2012 by prospectingjournal · Leave a Comment
GUEST COMMENTARY–Larry Myles– By Keith Weiner After the near-collapse of the financial system in 2008, a growing number of people have come to realize that our monetary disease is terminal. It is that group to whom I address this paper. I sincerely hope that this group includes leaders in business, finance, and government. I do [...]
Endeavour Mining Reports Q4 and Full Year 2011 Gold Production and 2012 Guidance for Production, Development and Exploration
January 30, 2012 by prospectingjournal · Leave a Comment
NEWS–MONACO- Endeavour Mining Corporation (“Endeavour” or the “Corporation”) (TSX:EDV, ASX:EVR) is pleased to announce it met 2011 production targets with Q4 gold production of 24,010 ounces from its Nzema operations in Ghana and 21,586 ounces from its Youga operations in Burkina Faso. Total annual production for 2011 was 177,290 ounces of gold at a cash [...]
February: Month of Gold?
January 27, 2012 by prospectingjournal · Leave a Comment
COMMENTARY—ProspectingJournal.com—I usually slog through February, that depressingly dark and cold month that needs a consumer-fueled orgy, known as Valentine’s Day, to keep the Canadian masses from going partially insane. But February may prove interesting as this last week has seen a fairly substantial gold rally smack the face of those who claim that gold is [...]
Will Iran Kill the Petrodollar?
January 25, 2012 by prospectingjournal · Leave a Comment
GUEST COMMENTARY–Marin Katusa, Chief Energy Investment Strategist, Casey Research The official line from the United States and the European Union is that Tehran must be punished for continuing its efforts to develop a nuclear weapon. The punishment: sanctions on Iran’s oil exports, which are meant to isolate Iran and depress the value of its currency [...]
Vancouver Cambridge Conference: No “Bull,” Just Reality
January 24, 2012 by prospectingjournal · Leave a Comment
COMMENTARY—ProspectingJournal.com—Another year, another Cambridge conference. Like the year before it, the 2012 Vancouver Resource Investment Conference presented investors, industry professionals and even job-searchers the opportunity to interact with key figures from the mining and investment community. Like last year, gold stole the show, though there was a strong showing from the mining sector as a [...]
When Will Silver Reach a New High?
January 24, 2012 by prospectingjournal · Leave a Comment
GUEST COMMENTARY–Andrey Dashkov, Casey Research In last week’s Metals, Mining, and Money from Casey Research, Jeff Clark estimated that given the magnitude of the correction that started last September, it may take until May 2012 for gold to reach a new high. Let’s take a look at how long it may take for silver to [...]
Don’t Frack Me Up
January 19, 2012 by prospectingjournal · Leave a Comment
GUEST COMMENTARY–Marin Katusa, Chief Energy Investment Strategist, Casey Research To many walking the planet, fracking has a seriously bad reputation. Thanks to hyperbole and misinformation, fracking opponents have convinced a lot of people that the operators who drill and then hydraulically fracture underground rock layers thumb their noses at and even hate the environment. Anti-fracking [...]
Troymet Identifies Large Geochemical Soil Anomalies and Additional Drill Targets on Key Project
January 19, 2012 by prospectingjournal · Leave a Comment
NEWS–ProspectingJournal.com–Troymet Exploration Corp. (TSX VENTURE:TYE) (“Troymet” or the “Company”) updates exploration progress on its 100% owned (8,854 ha) Key project in British Columbia. The Key property is strategically located between and adjacent to New Gold Inc.’s Blackwater gold deposit and the 3Ts gold-silver deposit of Independence Gold Corp. The Capoose silver deposit (New Gold Inc.) [...]
Keystone Death Puts Pressure on China Deal
January 18, 2012 by prospectingjournal · Leave a Comment
COMMENTARY—ProspectingJournal.com—With the election looming and Hope and Change ironically finding traction in a movement that’s fighting against the US government, it’s really no surprise that Obama decided to kill the Keystone XL pipeline . . . for now. After all, having recently achieved the lowest approval rating of any U.S. president in modern history, the [...]
When Will Gold Reach a New High?
January 18, 2012 by prospectingjournal · Leave a Comment
GUEST COMMENTARY–By Jeff Clark, Casey Research Some investors are frustrated and a few are worried that gold seems stuck in a rut. This stall in price has happened before, of course, but since 2001 it’s always eventually powered to a new high. Unless one thinks the gold bull market is over, it’s natural to wonder [...]
Oracle Mining Announces Final Approval for TSX Graduation
January 18, 2012 by prospectingjournal · Leave a Comment
NEWS–VANCOUVER, BRITISH COLUMBIA–(Marketwire – Jan. 12, 2012) – Oracle Mining Corp. (“Oracle Mining” or the “Corporation”) (TSX VENTURE:OMN)(OTCQX:OMCCF)(PINKSHEETS:OMCCF)(FRANKFURT:OMC) is pleased to announce that it has received final approval for its common shares to be listed on the Toronto Stock Exchange (“TSX”). Oracle Mining’s common shares will commence trading on the TSX effective as of the [...]
Red Eagle Mining announces drill results at Santa Rosa including 1.00 g/t gold over 58.9 metres
January 17, 2012 by prospectingjournal · Leave a Comment
NEWS–VANCOUVER, Jan. 17, 2012 /CNW/ – Red Eagle Mining Corporation (TSXV: RD.V – News) (OTCQX: RDEMF.PK – News), is pleased to announce drill results from its brownfield Santa Rosa gold project in Colombia. In the first of four major targets, 23 core drill holes totaling 6,811m have now been completed in the South East Sector [...]
China’s Uranium “Miracle”: A Pump to Dump?
January 16, 2012 by prospectingjournal · Leave a Comment
COMMENTARY—ProspectingJournal.com—What’s going on with the Chinese and uranium? If you haven’t heard, the Chinese recently announced that they have created a new technology that will make nuclear materials 60 times more efficient. This amazing recycling technology, conveniently a well-guarded “secret,” would enable uranium materials in China to fuel the country for a few centuries, instead [...]
Finore Mining Inc.: NI 43-101 Technical Report on LK Project Completed
January 16, 2012 by prospectingjournal · Leave a Comment
NEWS–VANCOUVER, BRITISH COLUMBIA–(Marketwire – Jan. 16, 2012) – FINORE MINING INC. (CNSX:FIN) (the “Company” or “Finore”) is pleased to announce the completion of the updated NI 43-101 compliant technical report containing the Mineral Resource estimate for the Läntinen Koillismaa palladium-platinum-gold-copper-nickel (“PGE+Au-Cu-Ni”) project in north central Finland (also known as the “LK Project”). The Mineral Resource [...]
Golden Fame Resources Corp. Reports Drill Core Assays Up to 26.53 g/t Au
January 12, 2012 by prospectingjournal · Leave a Comment
NEWS–VANCOUVER, BRITISH COLUMBIA, Jan 12, 2012 (MARKETWIRE via COMTEX) — Golden Fame Resources Corp. /quotes/zigman/1556882 CA:GFA +9.52% (frankfurt:6GF) (“Golden Fame” or the “Company”) is pleased to report that it has received the results of the first three diamond drill holes from their on-going diamond drill program at the Algun Dia multi-element, epithermal vein prospect located [...]
Confederation Minerals Ltd. Continues to Intersect Wide Zones of Gold Mineralization, Including Multiple Zones of High-grade Gold, at its Newman Todd Project, Red Lake District, Ontario
January 12, 2012 by prospectingjournal · Leave a Comment
NEWS–Confederation Minerals Ltd. (“Confederation”) (TSX-V: CFM.V – News) is pleased to report continued high grade gold assays from the 2011 drilling program at the Newman Todd property, located in the Red Lake Gold District, Ontario. These additional high-grade intervals of gold mineralization are confirming the existence of a major new Red Lake-style, high-grade gold discovery. [...]
India: Land of Energy Opportunity
January 11, 2012 by prospectingjournal · Leave a Comment
GUEST COMMENTARY–Casey Research–Marin Katusa, Chief Energy Investment Strategist January 11, 2012 8:15pm GMT Quick, what country is the economic engine that will power world growth? If you answered “China,” you’re far from alone. But there’s another country that deserves as much attention and better yet, is much friendlier to investment: India, home to 1.2 billion [...]
Gateway Hearings Begin, Investors Take Note
January 10, 2012 by prospectingjournal · Leave a Comment
COMMENTARY—ProspectingJournal.com—While it would be great to uncover a gripping story about how foreign interests are trying to stop the flow of oil to China through the funding of noisy environmentalists, the current reality is that a lot of BC residents—aboriginal, non-aboriginal, environmental, non-environmental—are too busy pondering the pros and cons of the proposed Northern Gateway [...]
4th Quarter Earnings, Pipeline Headaches, & Economic Woes
January 9, 2012 by prospectingjournal · Leave a Comment
COMMENTARY—ProspectingJournal.com—Although this evening marks the beginning of fourth quarter earnings season, the markets are bereft of optimism. Precious metals, the focus of hope n change believers in 2011, are losing droves of safehaven supporters as gold and silver face a dubious battle to regain lost ground. Europe’s disaster is far from solved and is in [...]
The Midas Letter interviews Ian Laurent, CEO of Finore Mining
January 9, 2012 by prospectingjournal · Leave a Comment
VIDEO– www.midasletter.com– James West, publisher and editor of the Midas Letter, interviews Ian Laurent, CEO of Finore Mining Inc. [FIN- CNSX] on Finore Mining’s LK (Läntinen Koillismaa) Project. The LK project is focused on developing a Palladium-Platinum-Gold-Copper-Nickel property located in north central Finland. To view the video please click the link below. The Midas Letter [...]
Was 2011 a Dud or a Springboard for Gold?
January 6, 2012 by prospectingjournal · Leave a Comment
GUEST COMMENTARY–Casey Research–Jeff Clark, Senior Precious Metals Analyst 2011 was remarkable in many ways for the precious metals markets. Gold soared to new highs in early September, hitting at an intraday record of $1,920/ounce on the fifth. Silver screamed to within a hair of $50 on April 28. Corrections ensued, and the metals ended the [...]
Welcome to 2012: Hedge Accordingly
January 4, 2012 by prospectingjournal · Leave a Comment
COMMENTARY—ProspectingJournal.com—It would almost be nice if we knew for certain that December 2012 was the end of times; markets would act accordingly and we could all make some solid investment decisions. Indeed, predictions proved somewhat useless in 2011, as mass protests, ugly piles of debt and global disarray rocked humanity’s insecure belief in stability and [...]
Doug Casey Addresses Getting Out of Dodge
January 4, 2012 by prospectingjournal · Leave a Comment
GUEST COMMENTARY–Casey Research (Interviewed by Louis James, Editor, International Speculator) L: Doug, a lot of readers have been asking for guidance on how to know when it’s time to exit center stage and hunker down in some safe place. Few people want to hide from the world in a cabin in the woods while life [...]
