There was a time when gold traded in the $250.00 range and wise folks like ""Gordon Brown"" ...CIBC proclaimed
This is the end !!
Turned out it was the beginning ...
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West Kirkland Mining, Mexivada's (MNV) new partner at Goldstorm is open for trading today!
Surely with all this activity there will be some promising results and plenty of excitement along the way!
The new MNV era starts tomorrow! Big excitement starting now!
Good to buy in now before it takes off!
Huge opportunity here, please read and pass on to your friends list.
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WKM raised $6M and will spend $1M on MNV Goldstorm property in Nevada.
With today's news; big money into Yecora also!
This will put $3m of work into the property, give MNV a cash stream and MNV get 500,000 shares of District Gold stock, which you will see is controlled by very big hitters in Toronto.
All this latest and upcoming news of JV, PP and Options puts $15-20M of work into Mexivada in a time when it is tough to raise money...
Now a whole heck of a lot of work will be done all over (Congo yet to come), to find new gold mines.
WKM will spend $1M this yr on drilling too...
Facts
Working Program 2010:
Private Placement
Has to close and be filed soon
Goldstorm
Goldstorm Nevada(Au-Ag) JV with West Kirkland Mining:
•5000m Core drill holes testing Carlin-Midas-style gold targets.
Gold Jackpot Nevada (Au-Ag-Te-Pb)
•Ground geophysics and final geologic definition.
•Drill 3 initial test drill holes testing Porphyry and Emperor-style targets.
Details:
Nevada
GOLD JACKPOT Au-Ag-Te-Pb-In-U-MoContact Mining District
Elko County, Nevada, U.S.A
Goldstorm ProjectCarlin and Midas-Style Au-Ag
•One of the best gold targets in Nevada
•Potential for +5 million oz. Gold Mine
•Joint Venture –West Kirkland Mining
•Located near Twin Creeks and Midas Milling OPHL Mines of Newmont
•Main Carlin Gold target (7km long) 5000m
Ziggurat ProjectCarlin-Style Au-Ag, Goldstrike-Type
•Large Carlin-Style mine target with +1 million oz. gold potential
•Joint Venture discussions
•Teck and Newmont old drilling to north
•Fronteer Dev. Drilled hole nearby
•Main targets never drilled by previous companies
Jefferson Property
Gold-Silver-Tellurium Joint Venture
•Next to 15 million oz. Round Mountain Mine
•Joint Venture L.O.I. recently executed with Trilogy Mining Corporation
Mexico:
AuroTellurioProjectQuartz Vein-Style Te-Au-Ag, Bambolla-Type
•Property is part of the Bambolla Mine (FSLR)
•Lateral extension of Bambolla Vein
•Also new parallel to La Viruda Vein System
•Likely other sub-parallel veins
•Reported 8.5 g/t gold and 0.15% -4 kg/t Te
•Surrounds and inside of claims of First Solar (FSLR) and penholes
•Bambolla is high grade Tellurium/Gold deposit
Republic of Congo (ROC)
BANGADI –NGOUAKA –MINGASSA
Extension of existing soil grid and trenching
•1176 soil samples collected
•Bulk samples measuring up to 3.636 g/m3
•Chemical lab analysis measuring up to 3.42 g/t
ROC discovery of 3 "gold bearing" Rock types:
•Metaconglomerate –localized in the Bangadi Basin
•Quartzites –in the Antenna Zone
•Ngouaka affluent Tonolite –in the Banzoka Basin
Diamonds:
Alluvial Diamond mining has just begun.
That's a lot of stuff for 2010....
All the Best,