Toronto, Canada

Golden Star Resources

gsr.com
Toronto, Canada

Golden Star Resources Ltd , is a mid-tier Canadian gold mining company, whose principal operating properties are located in Ghana, West Africa. It has a total historical production of over two million ounces of gold. Wikipedia.

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The assay intersections including capped composites and estimated true widths are provided in Table 1 and include the following highlights: (A drill hole plan map and select drill sections are attached to this news release.) "The results to date support our belief that Saramacca has the potential to be a transformational asset for the Company," said President and CEO of IAMGOLD Steve Letwin. "This exemplifies our strategy of seeking short-cycle capacity, which can add tremendous value for our shareholders at minimal incremental cost, since the deposit is only 25 kilometres away from our current infrastructure." Craig MacDougall, Senior Vice President, Exploration for IAMGOLD, stated: "I want to congratulate the exploration team for completing this important program in such a timely manner and without a reported safety incident.  The additional assay results continue to impress and highlight numerous intersections with high grades of gold over wide intervals, both enhancing our confidence in and understanding of the mineralized zones.   As previously stated, all results will be incorporated into an initial resource estimation expected for completion in Q3 2017." Drilling to date has confirmed the presence of multiple mineralized structures within an approximately 2-kilometre long and 600-metre wide corridor. Mineralization occurs in the near surface oxidized weathering profile to depths ranging from 50 to 100 metres, as well as deeper in the primary sulphide zones and remains open along strike and at depth.  In the deposit area, three mineralization styles are recognized from the drilling completed to date: breccia hosted mineralization characterized by jigsaw, crackle and matrix supported breccias; shear hosted mineralization characterized by well-developed pyritic disseminations and stringers; and irregular pyrite-quartz-carbonate veins which locally carry high gold grades. The 2017 50 x 50 metre infill drilling program has been completed and further drilling activities will await the completion of the seasonal rains which have commenced. Results to date and those still pending will be incorporated into a deposit model to support an initial National Instrument 43-101 resource estimate expected for completion by the third quarter 2017.  Additional exploration potential exists at depth and along strike and will be tested in future drilling programs. Preliminary engineering and permitting studies have commenced to support and develop future exploitation scenarios. The Saramacca project is strategically located approximately 25 kilometres southwest of the Rosebel Gold Mine milling facility. Mineralization is hosted in the Paramaka Formation within the lower part of the Marowijne Greenstone Belt, which is dominated by metamorphosed dacite, rhyolite, basalt and andesite lithologies in the project area.  These are traversed by the regional, northwest trending Saramacca shear zone, an important deformation zone for the localization of gold mineralization. The Saramacca property has been explored since the 1990's principally by Golden Star Resources Ltd. ("Golden Star") and later as a joint venture between Golden Star and Newmont Mining Corporation. Much of that work focused on the discovery and delineation of Anomaly M, which was the subject of successive auger and diamond drilling programs with over 50 diamond drill holes and over 200 auger holes completed in the anomaly area. Evaluation of this work suggests an exploration target potential of between 8 and 40 million tonnes grading between 1.0 and 1.8 g/t Au for potentially 0.5 to 1.4 million contained ounces of gold. The potential quantity and grade are conceptual in nature and insufficient exploration work has been completed to date to define a mineral resource. The property will require significant future exploration to advance to a resource stage and there can be no certainty that the exploration target will result in a mineral resource being defined. On August 30, 2016, the Company signed a letter of intent with the Government of Suriname to acquire rights to the Saramacca property, with the intent of defining a National Instrument 43-101 mineral resource within 24 months. The terms of the letter included an initial payment of $0.2 million, which enabled immediate access to the property for Rosebel's exploration team to conduct due diligence, as well as access to the data from previous exploration activity at the Saramacca property. On September 30, 2016, having been satisfied with the results of the due diligence, the Company ratified the letter of intent to acquire the Saramacca property and subsequently paid $10 million in cash and agreed to issue 3.125 million IAMGOLD common shares to the Government of Suriname in three approximately equal annual instalments on each successive anniversary of the date the right of exploration was transferred to Rosebel (December 14, 2016). In addition, the agreement provides for a potential upward adjustment to the purchase price based on the contained gold ounces identified by Rosebel in National Instrument 43-101 measured and indicated resource categories, within a certain Whittle shell within the first 24 months, to a maximum of $10 million. The Saramacca project falls within the "UJV" area as defined in an Agreement with the Government of Suriname announced on April 15, 2013.  The Agreement establishes a joint venture growth vehicle under which Rosebel would hold a 70% participating interest and the Government will acquire a 30% participating interest on a fully-paid basis. The drilling results contained in this news release have been prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101"). The "Qualified Person" responsible for the supervision of the preparation, verification and review of the technical information in this release is Ian Stockton, MAusIMM, FAIG, RP. Geo., Exploration Manager for IAMGOLD in Suriname.  He is considered a "Qualified Person" for the purposes of National Instrument 43-101 with respect to the technical information being reported on. The technical information has been included herein with the consent and prior review of the above noted Qualified Person. The information in this news release was reviewed and approved by Craig MacDougall, P.Geo., Senior Vice President, Exploration for IAMGOLD. Mr. MacDougall is a Qualified Person as defined by National Instrument 43-101. The sampling of, and assay data from, drill core is monitored through the implementation of a quality assurance - quality control (QA-QC) program designed to follow industry best practice. Drill core (HQ and NQ size) samples are selected by the IAMGOLD geologists and sawn in half with a diamond saw at the Rosebel mine site. Half of the core is retained at the site for reference purposes. Sample intervals may vary from half a metre to one and a half metres in length depending on the geological observations. Samples are transported in sealed bags to FILAB in Paramaribo, Suriname, a representative lab of ALS.  FILAB is an ISO 9001 (2008) and ISO/IEC 170250 accredited laboratory. Samples are weighed and coarse crushed to <2.5 mm, and 350-450 grams is pulverized to 85% passing <100 μm.  Samples are analyzed for gold using standard fire assay technique with a 50 gram charge and an Atomic Absorption (AA) finish. IAMGOLD inserts blanks and certified reference standard in the sample sequence for quality control.  Samples representative of the various lithologies are collected from each drill hole and measured for bulk density at the site RGM laboratory. This news release contains forward-looking statements. All statements, other than of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, statements regarding expected, estimated or planned gold production, cash costs, margin expansion, capital expenditures and exploration expenditures and statements regarding the estimation of mineral resources, exploration results, potential mineralization, potential mineral resources and mineral reserves) are forward-looking statements. Forward-looking statements are generally identifiable by use of the words "will", "should", "continue", "expect", "estimate", "believe", "plan" or "project" or the negative of these words or other variations on these words or comparable terminology. Forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the Company's ability to control or predict, that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements.  Factors that could cause actual results or events to differ materially from current expectations include, among other things, without limitation, failure to meet expected, estimated or planned gold production, cash costs, margin expansion, capital expenditures and exploration expenditures and failure to establish estimated mineral resources, the possibility that future exploration results will not be consistent with the Company's expectations, changes in world gold markets and other risks disclosed in IAMGOLD's most recent Form 40-F/Annual Information Form on file with the United States Securities and Exchange Commission and Canadian provincial securities regulatory authorities. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement. IAMGOLD (www.iamgold.com) is a mid-tier mining company with four operating gold mines on three continents. A solid base of strategic assets in North and South America and West Africa is complemented by development and exploration projects and continued assessment of accretive acquisition opportunities. IAMGOLD is in a strong financial position with extensive management and operational expertise. This entire news release may be accessed via fax, e-mail, IAMGOLD's website at www.iamgold.com and through CNW Group's website at www.newswire.ca. All material information on IAMGOLD can be found at www.sedar.com or at www.sec.gov.


On Thursday, shares in Toronto, Canada headquartered Golden Star Resources Ltd recorded a trading volume of 1.48 million shares. The stock ended at $0.70, declining 2.08% from the last trading session. The Company's shares are trading below their 50-day moving average by 10.19%. Furthermore, shares of Golden Star Resources, which operates as a gold mining and exploration company, have a Relative Strength Index (RSI) of 42.24. Sign up and read the free research report on GSS at: http://stock-callers.com/registration/?symbol=GSS Vancouver, Canada headquartered Gold Standard Ventures Corp.'s stock finished yesterday's session 3.59% lower at $1.61 with a total trading volume of 525,327 shares. The Company's shares are trading below their 50-day moving average by 21.50%. Shares of the Company, which engages in the acquisition and exploration of gold-bearing mineral resource properties in Nevada, the US, have an RSI of 34.65. The complimentary research report on GSV can be downloaded at: http://stock-callers.com/registration/?symbol=GSV At the close of trading on Thursday, shares in Vancouver, Canada headquartered Sandstorm Gold Ltd saw a decline of 4.05%, ending the day at $3.55. The stock recorded a trading volume of 2.33 million shares, which was above its three months average volume of 2.18 million shares. The Company's shares are trading 12.72% below their 50-day moving average. Moreover, shares of Sandstorm Gold, which focuses on acquiring gold and other metal purchase agreements and royalties from companies that have advanced stage development projects or operating mines, have an RSI of 39.48. Register for free on Stock-Callers.com and access the latest report on SAND at: http://stock-callers.com/registration/?symbol=SAND Vancouver, Canada headquartered Exeter Resource Corp.'s shares ended the day 3.53% lower at $1.64 with a total trading volume of 128,467 shares. The stock has gained 40.17% over the previous three months and 118.67% on an YTD basis. The Company's shares are trading 4.57% above their 50-day moving average and 38.07% above their 200-day moving average. Additionally, shares of Exeter Resource, which engages in the acquisition, exploration, and development of mineral properties in Chile, have an RSI of 51.43. Get free access to your research report on XRA at: http://stock-callers.com/registration/?symbol=XRA Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. 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News Article | May 15, 2017
Site: www.prnewswire.com

Investors are also closely watching indicators that affect the Federal Reserve's decision on the interest rate next month. Gold is highly sensitive to the changes in U.S. interest rates as they increase the opportunity cost of holding non-yielding bullion. The consumer price index rose by 0.2 percent in April and increased by 2.2 percent over the past 12 months. This pace is slower than economists' expectation of a 2.3 percent advance. The Federal Reserve has an inflation target of approximately 2 percent, with an increase of the borrowing cost by 25 base points in March. Investors are expecting two more rate hikes this year. Kenadyr Mining Holdings Corp. (OTC: KNDYF) (TSX-V: KEN) announced today that, "Drilling has commenced on the South Zone of Kenadyr's 100% owned Borubai License, Kyrgyz Republic... The South Zone is open in three directions and to depth and drilling in this zone has the potential to see increased grade of the mineralization (from historic numbers) as a result of increased core recovery (core recovery during Soviet drilling averaged only 60% recovery) and the use of Fire Assay versus ICP analysis techniques (which were predominately used during Soviet assaying). Kenadyr is in a strong position to embark on this upcoming program, having a strong balance sheet, no debt nor significant payments owing, a strong institutional shareholder base and a management team with extensive in-country operational experience, and merger and acquisition expertise." Dr. Alexander Becker, Kenadyr Chief Executive Officer, states, "Drilling has now commenced, ahead of schedule and this is a testament to the team's strong efforts in the field along with the efficiency of QED, the drill contractor. The South Zone is a high priority area for Kenadyr with excellent underlying geology. It is open and strongly mineralized at the extent of drilling, according to historical results, and we look forward to retesting this area, to confirm the high grade results reported from previous drilling." Kenadyr's Borubai project comprises a 100-percent-owned exploration licence covering a contiguous 164-square-kilometre land package that encircles the Zijin/Kyrgyz/Altyn newly constructed and operational TBL mine, in northern Kyrgyz Republic. Golden Star Resources Ltd. (NYSE: GSS) on April 3rd announced a project update for its Prestea Underground Gold Mine, Mampon deposit and Wassa Underground Gold Mine in Ghana. The Company also announces that it is hosting a site visit for analysts, investors and journalists at its two mines. "Golden Star continues to reach its key milestones, on time and on budget. Exciting progress is being made at Prestea Underground and I look forward to blasting the first stoping ore later this quarter. At Mampon, commencing mining within the expected time frame is testament to the hard work of our team in Ghana and their strong relationship with local communities. Finally, operations at Wassa Underground are progressing as planned and it is pleasing that we have now begun accessing the B Shoot, which is the main target of the Wassa Underground development. Our transformation into a low cost, high grade, mid-tier producer remains well on track," commented Sam Coetzer, President and Chief Executive Officer of Golden Star. Gold Fields Limited (NYSE: GFI) on March 2nd revealed that it was the nation's largest corporate taxpayer in 2016, according to the Ghana Revenue Authority (GRA). The GRA recognised Gold Fields at an awards function held a couple of weeks ago. Gold Fields contributed GHS355m (US$75m) directly through royalty and corporate income tax payments, and an additional GHS146m (US$31m) through employees' Pay As You Earn (PAYE), as well as tax payments on behalf of its local contractors and suppliers. During 2015, GFGL was the country's second largest taxpayer. GRA commended the company for its performance. "Gold Fields is not only one of the biggest contributors to our tax revenue, but one of the most compliant companies with payments and filing of taxes. You have consistently been part of the top taxpayers in Ghana and your contribution to national development in general is significant," the GRA said. Asanko Gold Inc. (NYSE: AKG) provided an update on April 27th, in which the Mineral Resource and Reserve Estimate for the Akwasiso deposit, part of the Asanko Gold Mine located in Ghana, West Africa, following the successful completion of the infill drilling campaign to upgrade previously reported Inferred Resources into the Indicated category. Compared to the December 31, 2016 Mineral Resource Estimate ("MRE"), the updated Akwasiso MRE has increased Indicated Resources by 79% to 6.72 million tonnes at 1.49 g/t for 322,500 contained gold ounces (refer to Table 1). The Resource grades have improved significantly by 24% from 1.20 g/t to 1.49 g/t. The updated MRE has been signed off by CSA Global (UK) Ltd. NovaGold Resources Inc. (NYSE: NG) earlier in February released its first quarter financial results and updates for its flagship 50%-owned Donlin Gold project in Alaska and its 50%-owned Galore Creek copper-gold-silver project in British Columbia. NOVAGOLD will focus on five primary goals in 2017: advance the Donlin Gold project toward a construction/production decision; continue to enhance the value of the Galore Creek project; maintain a healthy balance sheet; maintain an effective corporate social responsibility program; and evaluate opportunities to monetize the value of Galore Creek. Please SIGN UP NOW at http://www.FinancialBuzz.com To Receive Alerts on Trending Financial News from all these companies. "The Latest Buzz in Financial News" Subscribe Now! 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LONDON, UK / ACCESSWIRE / May 25, 2017 / Active Wall St. blog coverage looks at the headline from Asanko Gold Inc. (NYSE: AKG) as the Company announced on May 23, 2017, that the Ghanaian Regulatory Authorities had given their approval to start mining at its Ghana, West Africa based Akwasiso deposit, which is a part of the Asanko Gold Mine (AGM). The Company plans to fast track the mining at this location and start mining of the ore from June 2017. This is ahead of AKG's plans to start mining at the Dynamite Hill location, which had been previously postponed to Q1 2018. Register with us now for your free membership and blog access at: One of Asanko Gold's competitors within the Gold space, Golden Star Resources Ltd (NYSE MKT: GSS), reported on May 03, 2017, its financial and operational results for Q1 ending March 31, 2017. AWS will be initiating a research report on Golden Star Resources in the coming days. Today, AWS is promoting its blog coverage on AKG; touching on GSS. Get all of our free blog coverage and more by clicking on the link below: On top of approving mining start, the Ghanaian Environmental Protection Agency has issued the Environmental Permits for mining at AKG's other satellite deposits - Dynamite Hill, Nkran Extension, and Adubiaso Extension. This is the final permit that the company required as part of the regulatory process and now it can prepare to start mining operations at these locations. Commenting on the change in plans, Peter Breese, President and CEO said: "With the successful in-fill drill program completed and timely approval from the regulatory authorities, it made perfect sense to accelerate Akwasiso ahead of Dynamite Hill given its proximity to the plant, lower capital costs and that it is a larger and higher grade deposit than Dynamite Hill. The local mining contractor has already mobilized to site with road construction and site preparation at an advanced stage. First ore from Akwasiso is due in June 2017 and we expect the mining and processing costs of this ore to be considerably cheaper than the current hard rock operations at Nkran." The plan is to focus on the mining of oxide ore at the start which will supplement the ore feed to the existing processing facility as the volumetric upgrades come online as part of the Project 5 Million ("P5M") upgrade to 5Mtpa. As a part of the company's CSR initiative, a local Ghanaian mining contractor has been given the contract to start with the road and site preparations. Both these activities are already being implemented. The first ore is expected to be sent for processing at the plant in June 2017. The mining at Dynamite Hill will now start in Q1 2018, which was the period originally planned for initiating mining at Akwasiso. The Company plans to publish the Expansion Definitive Feasibility Study on June 05, 2017. The study report will contain the complete details about the mining rates, grades, and strip ratio for Akwasiso as part of the updated life of mine plan. Rationale behind the decision to fast track mining at Akwasiso The timely receipt of approvals from the Ghanaian Regulatory Authorities enabled AKG to fast track mining at Akwasiso. These approvals were given after AKG completed an in-fill drill program which increased Measured Reserves by 62% to show that the Akwasiso site has 214,500 contained ounces of gold. The Akwasiso deposit is located just three kilometers in the north east from the Company's processing facility, which will lower the transport costs and site establishment costs. Akwasiso is the largest satellite deposit of AKG and has a higher grade than that of Dynamite Hill; giving the site a greater mining flexibility. Since the Akwasiso deposit is at surface, it requires minimal pre-strip or development work. The deposit has high oxide volumes which can be mined and processed at lower costs than AKG's Nkran operations. AKG expects the benefits of Akwasiso to be realized in H2 2017. AKG is well ahead in schedule for the volumetric upgrades of the processing facility to process the Akwasiso's oxide material. At the close of trading session on Wednesday, May 24, 2017, Asanko Gold's stock price tumbled 6.07% to end the day at $2.01. A total volume of 5.47 million shares were exchanged during the session, which was above the 3-month average volume of 2.14 million shares. The stock currently has a market cap of $418.94 million. Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. 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LONDON, UK / ACCESSWIRE / May 25, 2017 / Active Wall St. blog coverage looks at the headline from Asanko Gold Inc. (NYSE: AKG) as the Company announced on May 23, 2017, that the Ghanaian Regulatory Authorities had given their approval to start mining at its Ghana, West Africa based Akwasiso deposit, which is a part of the Asanko Gold Mine (AGM). The Company plans to fast track the mining at this location and start mining of the ore from June 2017. This is ahead of AKG's plans to start mining at the Dynamite Hill location, which had been previously postponed to Q1 2018. Register with us now for your free membership and blog access at: One of Asanko Gold's competitors within the Gold space, Golden Star Resources Ltd (NYSE MKT: GSS), reported on May 03, 2017, its financial and operational results for Q1 ending March 31, 2017. AWS will be initiating a research report on Golden Star Resources in the coming days. Today, AWS is promoting its blog coverage on AKG; touching on GSS. Get all of our free blog coverage and more by clicking on the link below: On top of approving mining start, the Ghanaian Environmental Protection Agency has issued the Environmental Permits for mining at AKG's other satellite deposits - Dynamite Hill, Nkran Extension, and Adubiaso Extension. This is the final permit that the company required as part of the regulatory process and now it can prepare to start mining operations at these locations. Commenting on the change in plans, Peter Breese, President and CEO said: "With the successful in-fill drill program completed and timely approval from the regulatory authorities, it made perfect sense to accelerate Akwasiso ahead of Dynamite Hill given its proximity to the plant, lower capital costs and that it is a larger and higher grade deposit than Dynamite Hill. The local mining contractor has already mobilized to site with road construction and site preparation at an advanced stage. First ore from Akwasiso is due in June 2017 and we expect the mining and processing costs of this ore to be considerably cheaper than the current hard rock operations at Nkran." The plan is to focus on the mining of oxide ore at the start which will supplement the ore feed to the existing processing facility as the volumetric upgrades come online as part of the Project 5 Million ("P5M") upgrade to 5Mtpa. As a part of the company's CSR initiative, a local Ghanaian mining contractor has been given the contract to start with the road and site preparations. Both these activities are already being implemented. The first ore is expected to be sent for processing at the plant in June 2017. The mining at Dynamite Hill will now start in Q1 2018, which was the period originally planned for initiating mining at Akwasiso. The Company plans to publish the Expansion Definitive Feasibility Study on June 05, 2017. The study report will contain the complete details about the mining rates, grades, and strip ratio for Akwasiso as part of the updated life of mine plan. Rationale behind the decision to fast track mining at Akwasiso The timely receipt of approvals from the Ghanaian Regulatory Authorities enabled AKG to fast track mining at Akwasiso. These approvals were given after AKG completed an in-fill drill program which increased Measured Reserves by 62% to show that the Akwasiso site has 214,500 contained ounces of gold. The Akwasiso deposit is located just three kilometers in the north east from the Company's processing facility, which will lower the transport costs and site establishment costs. Akwasiso is the largest satellite deposit of AKG and has a higher grade than that of Dynamite Hill; giving the site a greater mining flexibility. Since the Akwasiso deposit is at surface, it requires minimal pre-strip or development work. The deposit has high oxide volumes which can be mined and processed at lower costs than AKG's Nkran operations. AKG expects the benefits of Akwasiso to be realized in H2 2017. AKG is well ahead in schedule for the volumetric upgrades of the processing facility to process the Akwasiso's oxide material. At the close of trading session on Wednesday, May 24, 2017, Asanko Gold's stock price tumbled 6.07% to end the day at $2.01. A total volume of 5.47 million shares were exchanged during the session, which was above the 3-month average volume of 2.14 million shares. The stock currently has a market cap of $418.94 million. Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. AWS has not been compensated; directly or indirectly; for producing or publishing this document. The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst, for further information on analyst credentials, please email info@activewallst.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way. AWS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/. For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at: CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institut LONDON, UK / ACCESSWIRE / May 25, 2017 / Active Wall St. blog coverage looks at the headline from Asanko Gold Inc. (NYSE: AKG) as the Company announced on May 23, 2017, that the Ghanaian Regulatory Authorities had given their approval to start mining at its Ghana, West Africa based Akwasiso deposit, which is a part of the Asanko Gold Mine (AGM). The Company plans to fast track the mining at this location and start mining of the ore from June 2017. This is ahead of AKG's plans to start mining at the Dynamite Hill location, which had been previously postponed to Q1 2018. Register with us now for your free membership and blog access at: One of Asanko Gold's competitors within the Gold space, Golden Star Resources Ltd (NYSE MKT: GSS), reported on May 03, 2017, its financial and operational results for Q1 ending March 31, 2017. AWS will be initiating a research report on Golden Star Resources in the coming days. Today, AWS is promoting its blog coverage on AKG; touching on GSS. Get all of our free blog coverage and more by clicking on the link below: On top of approving mining start, the Ghanaian Environmental Protection Agency has issued the Environmental Permits for mining at AKG's other satellite deposits - Dynamite Hill, Nkran Extension, and Adubiaso Extension. This is the final permit that the company required as part of the regulatory process and now it can prepare to start mining operations at these locations. Commenting on the change in plans, Peter Breese, President and CEO said: "With the successful in-fill drill program completed and timely approval from the regulatory authorities, it made perfect sense to accelerate Akwasiso ahead of Dynamite Hill given its proximity to the plant, lower capital costs and that it is a larger and higher grade deposit than Dynamite Hill. The local mining contractor has already mobilized to site with road construction and site preparation at an advanced stage. First ore from Akwasiso is due in June 2017 and we expect the mining and processing costs of this ore to be considerably cheaper than the current hard rock operations at Nkran." The plan is to focus on the mining of oxide ore at the start which will supplement the ore feed to the existing processing facility as the volumetric upgrades come online as part of the Project 5 Million ("P5M") upgrade to 5Mtpa. As a part of the company's CSR initiative, a local Ghanaian mining contractor has been given the contract to start with the road and site preparations. Both these activities are already being implemented. The first ore is expected to be sent for processing at the plant in June 2017. The mining at Dynamite Hill will now start in Q1 2018, which was the period originally planned for initiating mining at Akwasiso. The Company plans to publish the Expansion Definitive Feasibility Study on June 05, 2017. The study report will contain the complete details about the mining rates, grades, and strip ratio for Akwasiso as part of the updated life of mine plan. Rationale behind the decision to fast track mining at Akwasiso The timely receipt of approvals from the Ghanaian Regulatory Authorities enabled AKG to fast track mining at Akwasiso. These approvals were given after AKG completed an in-fill drill program which increased Measured Reserves by 62% to show that the Akwasiso site has 214,500 contained ounces of gold. The Akwasiso deposit is located just three kilometers in the north east from the Company's processing facility, which will lower the transport costs and site establishment costs. Akwasiso is the largest satellite deposit of AKG and has a higher grade than that of Dynamite Hill; giving the site a greater mining flexibility. Since the Akwasiso deposit is at surface, it requires minimal pre-strip or development work. The deposit has high oxide volumes which can be mined and processed at lower costs than AKG's Nkran operations. AKG expects the benefits of Akwasiso to be realized in H2 2017. AKG is well ahead in schedule for the volumetric upgrades of the processing facility to process the Akwasiso's oxide material. At the close of trading session on Wednesday, May 24, 2017, Asanko Gold's stock price tumbled 6.07% to end the day at $2.01. A total volume of 5.47 million shares were exchanged during the session, which was above the 3-month average volume of 2.14 million shares. The stock currently has a market cap of $418.94 million. Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. AWS has not been compensated; directly or indirectly; for producing or publishing this document. The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst, for further information on analyst credentials, please email info@activewallst.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way. AWS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/. For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at: CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institut


News Article | May 26, 2017
Site: www.prnewswire.com

Gold has rebounded from its two-month low of $1,213.81 per ounce on May 9. Recent political uncertainties in the United States have boosted the demand for gold, which is considered a safe-haven asset in the times of political and economic turmoil. Investors are concerned that the latest events could delay the presidential administration's agenda to implement a tax reform. The yellow metal has gained 9.46 percent year-to-date. Kenadyr Mining Holdings Corp. (OTC: KNDYF) (TSX-V: KEN) announced yesterday that, "Drilling at the south zone of Kenadyr Mining (Holdings) Corp.'s 100-per-cent-owned Borubai license in the Kyrgyz Republic has intersected widespread gold mineralization, including 40 meters at 6.17 grams per tonne gold. The south zone is directly adjacent to Zijin Mining Group Co. Ltd.'s Taldy Bulak Levoberejnyi mine deposit, currently in production." Initial drilling was designed to intersect an area which was previously drilled by the Soviets between 1970 and 1990, and which intersected significant gold mineralization. The current drill hole provides support for the validity of the historical Soviet results and indicates that widespread gold mineralization may exist on Kenadyr's license directly adjacent to (within 100 metres of) the TBL mine. The south zone is open in three directions and to depth, and there are strong indications that it connects to the TBL deposit. Core recovery is greater than 95 per cent, and all intervals have been assayed using fire assay methods at an internationally accredited laboratory (ALS Global). The hole has reached its target depth of 850 meters, and the remainder of the hole is being split by diamond saw and prepared for assay. Kenadyr is in a strong position having a robust balance sheet, no debt nor significant payments owing, and a supportive institutional shareholder base. The management team has extensive in-country operational experience and merger and acquisition expertise. Dr. Alexander Becker, Kenadyr's Chief Executive Officer, states: "Partial results from our initial 2017 drill hole at Borubai have exceeded our expectations. Based on the geometry of the adjacent TBL orebody, it is the corporation's interpretation that these intersections are close to true widths. Subject to obtaining additional drill results, the corporation believes that the mineralization encountered in our initial drill hole validates and supports the findings reported in historic drilling, and indicates that the mineralization being mined at the adjacent TBL mine may continue onto Kenadyr's Borubai license." Brian Lueck, PGeo, a director of Kenadyr and a qualified person as defined by National Instrument 43-101, has reviewed and approved the technical information in this news release. Eldorado Gold Corp. (NYSE: EGO) on May 15th announced that it has entered into a definitive agreement with Integra Gold Corp. (OTCQX: ICGQF), pursuant to which Eldorado has agreed to acquire all of the issued and outstanding common shares of Integra that it does not currently own, by way of a plan of arrangement under the Business Corporations Act. Under the Arrangement, shareholders of Integra will be entitled to receive, at their option, for each Integra share they own either (i) 0.24250 Eldorado shares, (ii) C$1.21250 in cash, in both (i) and (ii) subject to pro ration, or (iii) 0.18188 of an Eldorado share and C$0.30313 in cash. The maximum number of shares issuable by Eldorado under the Arrangement will be approximately 77 million (based on the number of Integra shares outstanding less Integra shares currently owned by Eldorado). The maximum amount of cash payable by Eldorado under the Arrangement will be approximately C$129 million equal to 25% of the total consideration. The total transaction value is approximately C$590 million, inclusive of Integra shares held by Eldorado. Centerra Gold Inc. (OTC: CAGDF) recently reported first quarter net earnings of $57.0 million or $0.20 per common share (basic) on revenues of $285.3 million in the first quarter of 2017, compared to net earnings of $18.1 million or $0.08 per common share (basic) on revenues of $73.2 million for the same period in 2016. Scott Perry CEO of Centerra Gold stated, "While the Company had a good quarter operationally and financially, it was over shadowed by a tragic event which occurred in April at Kumtor when an employee was fatally injured while inspecting a light vehicle in the field. This tragedy reinforces our commitment to our Company-wide safety leadership program "Work Safe, Home Safe" which we continue to roll out to all our sites. Golden Star Resources Ltd. (NYSE: GSS) earlier in February announced its Mineral Reserves and Mineral Resources estimate as of December 31, 2016. Sam Coetzer, President and Chief Executive Officer of Golden Star, commented, "It is pleasing to see from the 2016 Mineral Reserve estimate that despite the reduction in ounces due to mining depletion, the head grade has increased by 8%. This reflects our mine plan, which sees Golden Star mining higher grade, more profitable ore going forward and underlines our strategy to become a high grade, low cost producer. During 2016 we conducted limited exploration as we focused on advancing our two high grade underground mines. However following the achievement of commercial production at our Wassa Underground Gold Mine, our exploration team's focus in 2017 will be on defining additional Mineral Reserves at both of our operations. I look forward to providing an update on our exploration strategy later this quarter." Please SIGN UP NOW at http://www.FinancialBuzz.com To Receive Alerts on Trending Financial News from all these companies. "The Latest Buzz in Financial News" Subscribe Now! 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News Article | May 10, 2017
Site: www.marketwired.com

TORONTO, ONTARIO--(Marketwired - May 10, 2017) - First Cobalt Corp. (TSX VENTURE:FCC)(OTC PINK:FTSSF) ("First Cobalt" or the "Company") is pleased to announce the appointment of Jeff Swinoga to the Company's Board of Directors with immediate effect. Mr. Swinoga is the Chief Financial Officer for Torex Gold Resources, and has previously held similar roles with HudBay Minerals and Golden Star Resources, as well senior management positions with Barrick Gold and Newcourt Credit Group. He has extensive international finance experience including Africa and South America, and excellent knowledge of corporate finance, M&A, and risk management. Mr. Swinoga has a B.A. Economics from the University of Western Ontario and an MBA from the University of Toronto. He is a Chartered Accountant and brings with him more than 20 years in mining and public finance. "We are very pleased to welcome Jeff Swinoga to the Board of Directors of First Cobalt. He brings proven a track record of building shareholder value and offers comprehensive knowledge of corporate finance, strategic planning, and investor relations. We believe his skills and experience in both Canadian and international mining jurisdictions will be an invaluable asset as we continue to build a global portfolio of assets leveraged to the cobalt market." The Company also announces that Kevin Ma has resigned as a director of First Cobalt. He will continue as First Cobalt's Chief Financial Officer, and the Company thanks Mr. Ma for his valuable contributions as a director. First Cobalt is focused on building a diversified global portfolio of assets that are highly leveraged to the cobalt market. The Company's current assets include interests in an option over seven prospective copper-cobalt properties covering 190 square kilometres in the Democratic Republic of the Congo all with known surface mineralization, as well as an option in Canada for the former producing Keeley-Frontier mine, a high-grade mine that produced over 3.3 million pounds of cobalt and 19.1 million ounces of silver from 301,000 tonnes of ore. On behalf of First Cobalt Corp. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


DENVER--(BUSINESS WIRE)--Solitario Exploration & Royalty Corp. (“Solitario;” NYSE MKT: XPL; TSX: SLR) is pleased to announce today that its board of directors has appointed John Labate, age 67, to the board of directors. Mr. Labate was also appointed to serve as the Audit Committee chairman. Mr. Labate has over 30 years’ experience in the mining industry and has held senior financial management positions in mining and technology companies. Mr. Labate is currently the Chief Financial Officer of Gold Resource Corporation (NYSE-MKT: GORO) and has served in that capacity since May 2015. Prior to that, Mr. Labate served as a consultant in accounting and finance matters in the mining industry as well as Chief Financial Officer for Golden Star Resources Ltd., a gold mining company (NYSE MKT: GSS; TSX: GSC) and Constellation Copper Corporation, Crown Resources Corporation and Applied Optical Technologies. Mr. Labate received a bachelor’s degree in Accounting from San Diego State University. Chris Herald, President and CEO of Solitario, stated: “We are very pleased that John has accepted a position on our board and will lead the Audit Committee. His management experience in accounting and regulatory issues in the mining industry both in the US and Canada will be a valuable addition to our board.” Solitario also announced that John Hainey will resign as a director and Chairman of its Audit Committee effective December 31, 2016. Chris Herald stated: "On behalf of the Board and Solitario employees, we want to thank John for his more than 20 years with Solitario, including his invaluable service in leading the Solitario Audit Committee. We are thankful to John for his contributions to Solitario's success and wish him all the best going forward." Solitario announced today that its board of directors has approved the extension of its existing share repurchase program through December 31, 2017. The share repurchase program, as initially approved in October 2015, authorized Solitario to repurchase up to 2.0 million shares of its outstanding common stock and was set to expire on December 31, 2016. As of December 20, 2016, Solitario has repurchased 613,000 shares under the plan at an average price of US$0.507 per share, Under the program, as now extended, Solitario will have the ability to repurchase up to the remaining 1,387,000 available shares under the plan through December 31, 2017. All shares repurchased will be cancelled and will reduce Solitario’s current 38.7 million shares outstanding. The timing and amount of any stock repurchased will be determined by Solitario’s Company’s management in the open market or in privately negotiated transactions based on market conditions and other factors, including price, regulatory requirements and capital availability, and in compliance with applicable state and federal securities laws. Repurchases may also be made under Rule 10(b)-18. The program does not require the repurchase of any minimum number of shares and may be suspended, modified or discontinued at any time without prior notice. No repurchases will be made outside of the United States, including shares trading on the Toronto Stock Exchange. Payment for shares repurchased under the program will be funded using Solitario’s working capital. Chris Herald stated: “The share repurchase program demonstrates our commitment to creating, enhancing and returning value to shareholders. We believe our current stock value does not reflect the value of our current cash position, our carried interest in the high-grade Bongará zinc project, and our past success in identifying, acquiring and enhancing precious and base metal properties with solid technical work.” Solitario is an exploration and royalty company. Solitario has a joint venture with Minera Milpo (a Peruvian zinc miner) on its high-grade Bongará zinc project in Peru. Solitario is traded on the NYSE MKT ("XPL") and on the Toronto Stock Exchange ("SLR"). Additional information about Solitario is available online at www.solitarioxr.com. This press release contains forward-looking statements within the meaning of the U.S. Securities Act of 1933 and the U.S. Securities Exchange Act of 1934, and as defined in the United States Private Securities Litigation Reform Act of 1995 (and the equivalent under Canadian securities laws), that are intended to be covered by the safe harbor created by such sections. Forward-looking statements are statements that are not historical fact. They are based on the beliefs, estimates and opinions of Solitario’s management on the date the statements are made and address activities, events or developments that Solitario expects or anticipates will or may occur in the future, and are based on current expectations and assumptions. Forward-looking statements involve a number of risks and uncertainties. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Such forward-looking statements include, without limitation, statements regarding Solitario’s intentions to repurchase shares of its common stock from time to time under the stock repurchase program, that any or all repurchases will be in conformance with Rule 10(b)-18, the timing and amounts of any repurchases, the intended use of any repurchased shares, the source of funding for the stock repurchase program. It can give no assurance that these expectations will prove correct. Additional risk factors are discussed in Solitario’s filings with the U.S. Securities and Exchange Commission (the “SEC”) including Solitario’s latest Annual Report on Form 10-K and its other SEC filings (and Canadian filings) including, without limitation, its latest Quarterly Report on Form 10-Q. Solitario does not intend to publicly update any forward-looking statements, whether as a result of new information, future events, or otherwise, except as may be required under applicable securities laws.


News Article | February 21, 2017
Site: www.prnewswire.com

TORONTO, Feb. 21, 2017 /PRNewswire/ - Golden Star Resources Ltd. (NYSE MKT: GSS; TSX: GSC; GSE: GSR) ("Golden Star" or the "Company") reports its financial and operational results for the fourth quarter and full year ended December 31, 2016. HIGHLIGHTS: 2016 full year...


News Article | February 27, 2017
Site: www.prnewswire.com

TORONTO, Feb. 27, 2017 /PRNewswire/ - Golden Star Resources Ltd. (NYSE MKT: GSS; TSX: GSC; GSE: GSR) ("Golden Star" or the "Company") announces its Mineral Reserves and Mineral Resources estimate as of December 31, 2016. HIGHLIGHTS Proven and Probable Mineral Reserves of 1.9...

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