Despite a thinner-than-usual crowd at Canvest this month, gold juniors appear to be keeping busy. Following Tuesday's announcement of an epic merger between five gold companies, a flurry of drill results have been released, and some have been quite high grade.
Despite a thinner-than-usual crowd at this month's Canvest conference, gold juniors appear to have been keeping busy. Following Tuesday's announcement of an epic merger between five gold companies, a flurry of drill results have been released, and some have been quite high grade. And it wasn't just gold results coming out this week either — Maya Gold & Silver (TSXV: MYA) put out results from drilling at its Zgounder silver mine in Morocco as well. Here's a look at some of the gold-focused companies that have put out drill results in the past few days. NuLegacy Gold (TSXV:NUG) NuLegacy is currently conducting a US$1.3-million drill program at the Iceberg gold deposit in Nevada in order to earn a 70-percent working interest in the project. On Thursday, the company released assay results from the latest six holes drilled at the project, with highlighted intercepts including 1.68 g/t gold over 15.2 meters and 0.55 g/t gold over 12.2 meters. Both are at the North zone of the project. Calibre Mining (TSXV:CXB) Calibre put out the fourth set of drill results from work at its Borosi gold-silver project this Thursday. Located in Nicaragua, the project is currently under an option agreement with IAMGOLD (TSX:IMG,NYSE:IAG). The latest results extend the high-grade gold and silver mineralization at the Guapinol gold-silver vein system on the property, with highlights including an intercept of 1.39 meters grading 98.72 g/t gold and 49.1 g/t silver. Dynacor Gold Mines (TSX:DNG) Dynacor runs a toll milling operation in Peru, but it's also moving forward at several exploration properties in the country. The company put out the first results from underground drilling at the Lisa vein and Manto Nazareno and Manto Dorado gold mineralized structures at its Tumipampa property this week. Significant results include intercepts of 7.41 g/t gold over 2.49 meters, including 22.21 g/t gold over 0.6 meters, as well as 2.24 g/t gold, 2.8 ounces per tonne silver and 4.43 percent copper over 3.5 meters, including 5.44 g/t gold, 7.14 ounces per tonne silver and 11.87 percent copper over 1.3 meters.