Gold takeover offer not applauded by everyone
Underworld Resources (TSX: V.UW) shares jumped sharply after it announced Kinross Gold (TSX: T.KGC) had made a friendly takeover bid for the company.
Initial drill results drive gains for gold explorer
On gold news, shares of Eagle Hill Exploration (TSX: V.EAG) surged 48% to 21.5 cents.
Junior miner jumps on gold drill results
Eagle Hill Exploration (TSX: V.EAG) shares surged 34% to 21.5 cents on Wednesday after the micro cap miner reported assay results from its initial splitting and assaying of up to 8,700 meters of previously drilled, but un-sampled, core from the Windfall Lake Property in Quebec, which included 5.95 grams per tonne (g/t) of gold over 21.35 meters.
Junior miner powers higher on gold results
Northern Gold Mining (TSX: V.NGM) shares climbed 45% to 27.5 cents on Friday after ValGold Resources (TSX: V.VAL) reported drill results for the first two holes of the 2009 program on its 100% owned Garrison property in northern Ontario.
Colombia gold company continues selling
Ventana Gold (TSX: T.VEN) shares slid 4.95% to $8.95 on Monday. The share price dipped as low as $7.30 before rallying in the afternoon. The company released updated drill results for its La Mascota property in Colombia midway through the trading session.
Gold explorer jumps on Ecuador drilling approval
Ecometals (TSX: V.EC) shares raced 47% higher to trade at $1.09 at last check.
Gold mine gets production go ahead in Panama
Petaquilla Minerals (TSX: T.PTQ) announced that the Government of the Republic of Panama has granted approval for Petaquilla's Molejon gold mine to advance to the commercial production stage. Petraquilla rocketed 66% to 37.5 cents
Gold miner soars on acquisition announcement
Teryl Resources (TSX: V.TRC) shares raced 37% to 31.5 cents.
Explorer shines on gold assays
Shares of Coronado Resources (TSX: V.CRD) climbed 15% to 27 cents after the junior explorer reported assay results from the first two diamond drill holes at its Madison Gold/Copper property in Montana, which included 17.5 feet of .607 ounces/ton (22.92 g/t) gold.
