Goldcorp Inc. “G” and Gold Eagle Mines Ltd. “GEA” announced that Goldcorp will acquire all outstanding shares of Gold Eagle.--- The total consideration for 100% of the fully diluted shares of Gold Eagle was approximately CD $ 1.5 billion.-----
Recent Red Lake News -- Premier Gold “PG”:
Red Lake/Rahill-Bonanza JV Project:
New structure: Immediately south of the tram identified.
Strong veining and mineralization has been intersected.
·Assays will be released in Q1-2014.
Wilmar Zone: Initial drilling is testing the primary target on the property.
After encountering some difficulties ----
the target horizon was recently intersected with visually favourable mineralization.
·Initial assays expected in Q1-2014.
The strong cash position will allow “PG” to advance its core projects without additional financing.