Junior company news
Angkor Gold Corp. (TSXV: ANK) has deployed a third diamond drill in Cambodia at its Katieng prospect. Drilling is set to commence on geochemical targets at the property. After Angkor completes the Katieng program, the rig will be moved to either its Kunmum prospect or the Oyadao tenement.
Continental Gold Ltd. (TSX: CNL,OTC Pink:CGOOF) announced that a preliminary economic assessment (PEA) on the company's Buriticá Project is expected to be ready by the end of this year. The company hopes to have an updated NI 43-101 by the third quarter of this year.
Geologix Explorations Inc. (TSX: GIX,FWB:GF6) announced the latest resource updates from its Tepal project. The company reported results from 41,247.5 metres of drilling during 2011 at the Mexican property. Geologix aims to complete a pre-feasibility study by the end of the second quarter.Securities Disclosure: I, Dave Brown, hold no direct investment interest in any company mentioned in this article.