Private Equity Fund Of Funds By Staff
Buckey O'Neill, one of the canyons earliest residence, built his home in the early 1880's. He had a major role in convincing the mining company to build a railroad to the canyon to haul the ore. Since the ore was difficult to mine, the mining company went bankrupt and the railroad was not completed until 1901 by the Sante Fe Railroad Company.
Curve Equity Exposed Fund (AXcess News) Denver - Apollo Gold Corp. (AMEX: AGT) said its Timmins Canada-based Black Fox mine has yielded additional high-grade gold ore from the company's core drilling efforts that range from 1.38 ozto 3.29 oz Au/ton.
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Equity Income Funds Apollo CEO and President, R. David Russell commented, "The Black Fox project continues to exceed our expectations with high grade gold intercepts as well as continued demonstration of continuity. The project remains the cornerstone ofthe Company and we believe that Black Fox will become a world-class miningoperation".
The last offering Apollo did was for $10.4 million in November 2004. By the last period ending, Apollo's cash on hand was a mere $1.2 million. The $8.6 million in cash the company netted out of the last offering went to development of its Florida Canyon, the Standard and Black Fox claims. 4 share purchase warrant.
Capital Casebook Equity Highlights include (all true widths): 4.6 feet of 2.45 ounces gold per ton (oz Au/ton) in Hole 05BF-440, 6.8 feet of 1.38 oz Au/ton in Hole 235-210, 2.3 feet of 1.12 oz Au/ton in Hole 235-239, and 7.4 feet of 3.29 oz Au/ton in Hole 235-277.
(AXcess News) Houston, Apollo Gold Corp. ( AGT) quarter and year end results Monday. Apollo Gold' quarter decreased 45% to $7.0 million from $12.7 million for the same period the prior year. Gold production decreased 58% to 5, 026 ounces for the three months ended December 31, 2005 from 12, 090 ounces in the same period in 2004. As a result of pit wall instability, open pit mining operations were suspended mid October 2005 and subsequent metal production was from processing lower grade stockpiled ore. Apollo also pared down its executive officer ranks from seven to three and hopes to sell its Montana Tunnels Mining, Inc.
Private Investment In Public The 2005 exploration program at Black Fox is expected to include additional underground and surface drilling in support of a full feasibility study that will update reserve calculations for both the open pit and underground deposits.
Apollo CEO and President R. " grade gold intercepts as well as continued demonstration of continuity of the mineralized zones. class mining operation. 101 ore reserves report with a final report expected by the end of the first quarter 2006."
Equity Mutual Funds Pre-feasibility studies compiled in early 2004 credit the property with open pit gold reserves of over 3.2 million tons (2.95 million tonnes) with an average grade of 0.14 oz Au/ton (4.8 g Au/mt) for a total of 457,100 ounces of gold. Reserve tonnage figures are expected to increase significantly with the inclusion of subsequent drill results.
Birmingham Contact Equity In 2004 alone, Apollo completed a total of 315 core drill holes totaling 43,280 meters from surface and 41,065 meters from underground along a newly developed underground 920 meter long drill drift on the 235m level. The total drilling program through the second quarter of 2005 has been 754 core holes for a total of 200,561 meters.
Private Equity Investment Firm The Black Fox feasibility study and permitting are expected to be completed in 2006 with construction and initial production underway as early as 2007.
Complying Deal Equity Funds The Black Fox Project is located along the Destor-Porcupine Fault System within the Abitibi Greenstone Belt, a world-class mining district that has yielded over 75 million ounces of cumulative gold production from renowned mines such as the Dome, Hoyle Pond, Hollinger, Holt McDermott and Harker Holloway.
Equity Msn Private Wyoming Black Fox was acquired by Apollo in late 2002 during a period of depressed metal prices.
American Equity Investment Shares of Apollo closed at 34 cents, down 1 cent, or 2.86 percent.
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