Puma Exploration (TSXV:PUM) announced that drill results from 11 holes at Henry East Lens on the Nicholas-Denys property confirm the presence of high-grade gold mineralization.Queenston Mining (TSX:QMI) reported that the final payment of $30 million for the sale of a 50-percent interest in its Kirkland Lake joint venture properties to Kirkland Lake Gold (TSX:KGI,LSE:KGI), originally due on December 3, 2012, has been delayed. Causing the delay is the pending transfer of the AK North property, part of a mining lease that is being renewed by Queenston. The company is waiting on the final signature from the Lieutenant Governor of Ontario.
Gold Tests $1,700 On Discount Buying, Possible European Rate Cut
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