High-grade Ni-Cu-Pt-Pd-Au-Ag-Rh-Cr-V discoveries in the "Ring of Fire"

NI 43-101 Update (March 2011): 11.0 Mt @ 1.78% Ni, 0.98% Cu, 0.99 gpt Pt and 3.41 gpt Pd and 0.20 gpt Au (M&I) / 9.0 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inf.)

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AGORACOM WIRE - WEDNESDAY MAY 30TH, 2012

GOLDEN HOPE MINES (TSXV:GNH) Confirms High Grade Intersection of 64.1 g/t Au (Gold) over 1m Read More

The screen metallic analysis returned 82 g/t Au for an average grade of 93.5 g/t Au.
Two additional fire assays on the original pulp done prior to the screen metallic analyses returned 0.22 g/t Au and 0.12 g/t Au for an average fire assay grade of 0.41 g/t Au. The weighted average of all the fire assays and screen metallic assays from this 1-metre section in hole BD2011-184 is 64.1 g/t Au.

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CONTINENTAL ENERGY Geothermal Energy Project Receives US$ 11.5 Million Grant Read More * Client

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And I thought we had a few problems

posted on Jun 08, 09 05:34PM

TORONTO (miningweekly.com) – Vancouver-based diamond miner Rockwell Diamonds and dissident shareholder (and one-time suitor) Pala Investment Holdings continued their war of words on Monday, banging out press releases within hours of each other.

Rockwell's executive directors – who Pala wants voted off the board – scored the first hit after the Supreme Court of British Columbia on Friday denied a petition from Pala that the executive directors' proxy for a June 17 shareholders meeting be struck down.

Pala called the meeting for a vote on its proposals to replace the board, remove the company's shareholder rights plan and launch a rights offering in which it would take up any shares not subscribed for.

However, Pala celebrated its own victory on Monday, after independent advisory service RiskMetrics recommended that shareholders vote in favour of the changes proposed in Pala's proxy circular.

Rockwell shares leapt 54% on Monday afternoon, to C$0,10 apiece by 15:15 in Toronto.

Pala says that Rockwell faces a “lack of leadership”, while the executive directors – CEO John Bristow, chairperson David Copeland and Randgold Resources CEO Mark Bristow – argue that Pala is attempting a cashless takeover.

Last year, Pala launched and then withdrew a hostile takeover offer for Rockwell, which mines high-value diamond from alluvial operations in South Africa.