Condor Gold releases drill results from Cacao prospect at La India

Condor Gold {AIM: CNR}  announced further to the announcement of 15 December 2016, the scout drilling results for four drill holes totalling 719.6 m on the Cacao Prospect at the La India Project.

This drilling is designed to test targets with the potential to contribute to La India’s high grade mineral resource of 18 Mt at 4.0 g/t for 2.31 M oz gold. Continue reading

Chinese Bitcoin trading dries up after 0.2% government transaction tax introduced.

Bitcoin – China, the world’s largest bitcoin market, saw a steep fall in trading volumes on the first day their bitcoin exchanges began charging trading fees, at a flat 0.2 percent.

In a one hour trading period after bitcoin exchanges introduced the trading fees, trading volume at BTC China fell by over 80%. Continue reading

Komet Resources – Constant increase in gold production throughout 2016

Komet Resources Inc. {TSX.V: KMT}  announced that its Guiro mine in Burkina Faso has maintained an increase in production and sales of gold in Q4 2016.
Raw gold (average of 91%) production at the Guiro mine for the quarter was recorded at 26.6 kilos, an increase of 13% compared to the previous quarter which was  23.5 kilos. Continue reading

Kootenay Silver reports enhanced silver recoveries at La Cigarra

Kootenay Silver Inc. {TSX.V: KTN}   reported results from preliminary metallurgical testing on its La Cigarra Silver Project in Chihuahua State, Mexico, applying the proprietary Silvox Technologies Inc.process which indicates a marked improvement in cyanide leaching for silver recoveries versus industry standard leaching processes. Continue reading

Kootenay Silver announce adit channel sampling results from La Cigarra

Kootenay Silver Inc. {TSXV: KTN} announced results from comprehensive mapping and channel sampling conducted on an historical underground adit contained within the San Gregorio Zone at its La Cigarra silver project in Chihuahua State, Mexico.

This work program was carried out by Kootenay in an effort to model a series of known underlying high-grade silver zones. Continue reading