A successful story .....
This is how Aurelian Resources got its financing to drill deep holes, it all started with just one spectacular assay:
Aurelian spent 3 years drilling in the basin at the down stream of Fruta Del Norte in Ecuador and delineated insignificant gold resources. A geologist Steve Leary joined Aurelian in March, 2005 and traced the alluvial gold upstream to a place called Fruta Del Norte. Initial few shallow holes drilled in the spring of 2006 immediately yielded gold grade similar to that of Canasia. So he set targets for deep hole drilling and the first deep hole yield long core length of high grade gold. Share price went viral, surging from 15 cents to 5 dollars then 7 dollars on more good drilling results. The financial market also went viral and offered Aurelian $25 million financing for the placement of just a few million units. Subsequent deep hole drilling yielded longer and much higher gold grade and share price surged over $20. The financial market again offered Aurelian $75 million financing for another few million units. With more spectacular core length and bonanza gold grades, share price continued to surge to $40 in November in just 6 months. In 2007 shares were splitted 1 to 4 from 35 million shares to 140 million shares and share price was adjusted accordingly from $40 to $10. In 2008 Kinross Gold offered to buy out Aurelian at $8 per share and acquired Aurelian in a $1.2 billion deal.
https://www.youtube.com/watch?v=4vLwL5sOl04