@pgcitizen

Tuesday May 21, 2013

subscription options


Your Citizen,
Your Way




QUESTION OF THE WEEK

Survey results are meant for general information only, and are not based on recognised statistical methods.



Another miner upbeat about gold prospects

Another mining company has struck gold just west of Prince George.

Parlane Resource Corp. has been exploring a claim in between the Blackwater and Capoose projects owned by NewGold Inc. The Blackwater project has been especially fruitful, leading NewGold to the threshold of opening a mine there, pending approvals under the environmental protection process.

Parlane officials called their foray in between those two gold plays "strategic" since both are showing positive signs and the geology suggests they are connected.

Now Parlane has announced that it too has found promising signs on the neighbouring parcel it calls Big Bear. The confirmation came from six drill holes totaling 1,637 metres of core.

“This is a very significant discovery for the Company,” said Robert Eadie, president and CEO of Parlane. “We are anxious to get underway on our 2013 drilling program as I believe we have extended the Blackwater deposit and are on a definite path to increasing shareholder value.”

It was announced in December that Parlane had acquired 100 per cent ownership of the Big Bear suite of properties - 31 claims covering approximately 14,366 hectares.

Parlane is a self-described "junior gold exploration company" which has not yet announced if it intends to grow into the role of full mine operators or if, like many junior companies who have exploration success, they intend to sell their asset to a senior company when they determine more of the mineral information under the soil at Big Bear.

Parlane is also actively exploring the Mercedes project in the Sonora region of Mexico. Big Bear is its only other current project.


[Get Copyright Permissions] Click here for reuse options!
Copyright 2013 Glacier Media Inc.

Comments


NOTE: To post a comment in the new commenting system you must have an account with at least one of the following services: Disqus, Facebook, Twitter, Yahoo, OpenID. You may then login using your account credentials for that service. If you do not already have an account you may register a new profile with Disqus by first clicking the "Post as" button and then the link: "Don't have one? Register a new profile".

The Prince George Citizen welcomes your opinions and comments. Personal attacks, offensive language or unsubstantiated allegations are subject to reader complaint through flagging, and once alerted, online editors reserve the right to delete comments deemed inappropriate. We reserve the right to close the comments thread for stories that are deemed especially sensitive. For further information, please contact the editor or publisher.

blog comments powered by Disqus



About Us | Advertise | Contact Us | Sitemap / RSS   Glacier Community Media: www.glaciermedia.ca    © Copyright 2013 Glacier Community Media | User Agreement & Privacy Policy

LOG IN

If you were a registered user with the princegeorgecitizen.com, prior to February 3, 2010, you will be required to re-register. We apologize for any inconvenience. Click here to register



Lost your password?