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Platinex Announces Drill Results at Shining Tree Property and Completes 3D Magnetic Inversion

Platinex Inc. is pleased to announce initial results in connection with a portion of the planned Phase 1 drilling program conducted on the Shining Tree property and completion of magnetic data synthesis and magnetic inversion modelling. A short video showing the relationship between some of the data indicating prime exploration targets is on the home page of the website James R. Trusler, Chairman and CEO of . ....

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K9 Gold Obtains More Funding to Find More Potential Targets on its Stony Lake Project


K9 Gold Obtains More Funding to Find More Potential Targets on its Stony Lake Project
Written by AZoMiningMar 4 2021
K9 Gold Corp. reports that it is well-funded for its 2021 drilling and exploration season, while continuing its efforts to find more potential exploration targets on its Stony Lake project, which is situated in the newly rising Central Newfoundland Gold Belt.
Image Credit: Parilov/shutterstock.com
The all-in sustaining cost involved in the mining of even a single ounce of gold is quite expensive. But exploration costs for companies looking to discover and mine gold every day are much higher.
It was great news when K9 Gold reported that it was awarded $4,217,450 more as financial support from its three most recent private placements. When it comes to shareholders, the financial support offers confidence that K9 Gold’s 2021 drilling season is active and fine. ....

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