• Connect with us
  • Information
    • About Us
    • Contact Us
    • Careers
    • Partnerships
    • Advertise With Us
    • Authors
    • Browse Topics
    • Events
    • Disclaimer
    • Privacy Policy
  • NORTH AMERICA EDITION
    Australia
    North America
    World
Login
Investing News NetworkYour trusted source for investing success
  • NORTH AMERICA EDITION
    North America
    Australia
    World
  • My INN
Videos
Companies
Press Releases
Private Placements
SUBSCRIBE
  • Reports & Guides
    • Market Outlook Reports
    • Investing Guides
  • Button
Resource
  • Precious Metals
  • Battery Metals
  • Base Metals
  • Energy
  • Critical Minerals
Tech
Life Science
Precious Metals Market
Precious Metals News
Precious Metals Stocks
  • Precious Metals Market
  • Precious Metals News
  • Precious Metals Stocks
gold investing

Midas Gold Reports Best Hole Ever at Stibnite Gold Project

Jocelyn Aspa
Feb. 23, 2017 09:39AM PST
Precious Metals Investing

Midas Gold (TSX:MAX) has announced additional results from its ongoing mineral resource optimization drill program at the Stibnite Gold Project in Idaho. As quoted in the press release: The drilling program has multiple goals relating to enhancing the mineral resources defined in the December 2014 preliminary feasibility study (“PFS”), and continues to deliver positive results. …

Midas Gold (TSX:MAX) has announced additional results from its ongoing mineral resource optimization drill program at the Stibnite Gold Project in Idaho.
As quoted in the press release:

The drilling program has multiple goals relating to enhancing the mineral resources defined in the December 2014 preliminary feasibility study (“PFS”), and continues to deliver positive results. Assay results have been received for three additional drill holes completed at the Yellow Pine deposit and a fourth drill hole completed in the Hangar Flats area. Highlights of the drill holes are tabulated below, while complete results are attached at the end of this news release.
“The latest assay data from our ongoing drill campaign at Yellow Pine continues to provide positive results that support Midas Gold’s goal of enhancing the mineral resource at the Stibnite Gold Project,” said Stephen Quin, President & CEO of Midas Gold Corp. “Hole MGI-16-421 is the best hole ever reported by Midas Gold from its drilling at the Stibnite Gold Project and occurs at shallow depths within the limits of the 2014 preliminary feasibility study mineral reserve pit limits.” Results from two additional drill holes from 2017 drilling are pending, and one additional drill hole is being drilled before the current campaign is completed for the season.

Click here to read the full press release.

tsx:max preliminary feasibility study gold investing
The Conversation (0)

Go Deeper

AI Powered
Sun Summit Minerals CEO Niel Marotta.

Sun Summit Minerals Eyes "Multimillion-Ounce" Gold Deposit at JD Project

5 Top Weekly TSXV Performers: Queensland Gold Adds 93 Percent During Market Debut

Latest News

Outlook Reports

Resource
  • Precious Metals
    • Gold
    • Silver
  • Battery Metals
    • Lithium
    • Cobalt
    • Graphite
    • Electric Vehicles
  • Agriculture
  • Base Metals
    • Copper
    • Nickel
    • Zinc
  • Critical Metals
    • Rare Earths
  • Energy
    • Uranium
    • Oil and Gas
Tech
    • Artificial Intelligence
    • Cybersecurity
    • Robotics
    • Crypto
    • Cleantech
Life Science
    • Biotech
    • Cannabis
    • Pharmaceuticals

Featured Precious Metals Investing Stocks

Equity Metals

Equity Metals (EQTY:CC)
EQTY:CC

Juggernaut Exploration

Juggernaut Exploration (JUGR:CC)
JUGR:CC

55 North Mining

55 North Mining (FFF:CC)
FFF:CC

New Found Gold

New Found Gold (NFG:CC)
NFG:CC

Centurion Minerals

Centurion Minerals (CTN:CC)
CTN:CC

NevGold

NevGold (NAU:CC)
NAU:CC
More featured stocks

Browse Companies

Resource
  • Precious Metals
  • Battery Metals
  • Energy
  • Base Metals
  • Critical Metals
Tech
Life Science
MARKETS
COMMODITIES
CURRENCIES