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Linux Gold Corp (LNXGF)

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Last Post: 12/17/2018 9:50:29 AM - Followers: 14 - Board type: Free - Posts Today: 0



LINUX GOLD CORP is involved in exploration of mineral properties. Our current plans are to joint venture and explore our gold properties in Alaska. Linux Gold Corp. owns 176 quarter sectors of State of Alaska mining claims at several locations near Granite Mountain on the eastern Seward Peninsula of Alaska. Linux Gold Corp. owns 100% interest in the Dime Creek property in Alaska with gold and platinum values located in the Placer Creek. Linux Gold Corp. also owns a 50% interest in 30 mineral claims known as the Fish Creek Prospect, located in the Fairbanks Mining Division in Alaska. Linux Gold Corp. optioned a 50% interest in the Fish Creek claims to Teryl Resources Corp. (TRC-V), retaining a 5% net smelter return or may convert into a 25% working interest. Linux has also staked mineral exploration claims covering 6,400 acres in the Livengood-Tolovana Mining District, in the State of Alaska near International Tower Hill's gold property (Symbol: ITH)

Company Profile

Armed with two highly promising exploration properties in prolific mineral regions of Alaska, Linux Gold Corp. (OTC BB: LNXGF) is moving aggressively to develop both its Dime Creek Gold and Platinum Property near the Granite Mountain Project and the Fish Creek Prospect.

"Our corporate goal is to focus on highly prospective properties that could become large producing mines," says Linux Gold President John Robertson.

Linux Gold began exploring in Alaska's Seward Peninsula in 2005 and quickly staked mining claims in the Granite Mountain and Dime Creek area. Teck Cominco owns the world's largest zinc deposit some 180 miles to the north of the Granite Mountain and Dime Creek area where it has identified over $20 million worth of zinc reserves.

Kinross Gold's Fort Knox mill, is located within six miles os Linux's Fish Creek Prospect. Kinross recently shared results of a geophysical survey that identified six gold targets on Linux's Fish Creek Prospect.

Linux Gold's Alaskan properties show strong gold mineralization, as well as clear evidence of a wide range of other metals. The properties are near major deposits and operating mines and both have a history of placer and shallow hand mining.

Business Vision

Linux Gold Corp. is a mineral resource company with a mandate to develop mineral prospects that have potential to become large producing mines. The Company now has interests in several properties with this potential, including:

  1. GRANITE MOUNTAIN, ALASKA The company acquired100% rights to explore for mineral reserves on this intriguing 37 square mile property. There was a fair amount of work completed during the 1960s that says Granite Mountain has a good chance of economical merit. The area is located beside North America's largest gold reserve and is 180 miles south of the largest zinc mine.
  2. FISH CREEK, ALASKA. Linux Gold owns a 50% joint venture interest (Optioned to Teryl Resources Corp. 50%) in 30 mining claims known located in the prolific Fairbanks Mining Division in Alaska. Kinross Gold's Fort Knox mill is within 6 miles from the claims and has been in operation for several years, producing over 400,000 ounces of gold annually at a cash cost of US$207 per ounce. The Fish Creek Property is an excellent gold prospect, which will be drilled in 2008 to test several gold geophysical anomalies and placer targets. A geophysical survey was previously completed by Fugro Airborne Survey, Inc. under contract to Fairbanks Gold Mining / Kinross Gold, which has identified six main gold targets on the Fish Creekprospect. There could be potential to build a low-cost, gold placer mining operation.


The Linux management team excels in negotiation and closure of corporate funding and property acquisitions. Linux looks forward to building a successful gold company and leveraging shareholders to the price of gold and other precious minerals. Linux believes the timing could not be better to fund and develop a gold company in light of the increase of the price of gold over the past few years.

Corporate Highlights:

  • Over the past few years have acquired 5 exploration properties near areas that have produced billions of dollars worth of minerals in the past, or have billions of dollars worth of reserve at the present. Potential to locate gold / silver / platinum / zinc / copper / molybdenum / tin / lead / and uranium.
  • Alaska - the new Granite Mountain project has a 2 mile mineralized zone with favorable discovery potential upon project funding. The land mass is 37 square miles in a proven area of exploration success.
  • Alaska - Possibility to bring on stream a low-cost placer mining operation on the Fish Creek property and to joint venture with Kinross Gold.
  • Strong potential to locate mineral reserves on all properties upon project funding.
  • Favorable discovery leverage in the company's shares at current prices.

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#164   LNXGF SEC Suspension "because of questions regarding the Renee 12/17/18 09:50:28 AM
#163   Educational Information posted on Raging Bull regshareholders 05/03/16 10:02:55 AM
#162   $LNXGF @ .022! Estrella 10/03/14 12:11:00 PM
#161   $LNXGF @ .011! Estrella 10/03/14 12:01:08 PM
#160   $LNXGF @ .014! Estrella 06/12/14 02:54:21 PM
#159   $LNXGF @ .01! Estrella 05/20/14 02:42:46 PM
#158   $LNXGF @ .009! Estrella 05/20/14 01:43:28 PM
#157   ~ $LNXGF ~ Parabolic SAR Buy Signals ~ Penny Roger$ 03/08/13 12:20:33 AM
#156   nice up move today on good volume...... trader chang 03/07/13 03:20:33 PM
#155   Looks like we had some selling today on trader chang 01/22/13 07:15:17 PM
#154   this has a nice base formation here...... trader chang 10/15/12 07:45:54 PM
#153   Nice chart formation!! traderchang 04/10/12 02:59:20 PM
#152   Happy st pats day....I got a leprachaun here traderchang 03/17/12 01:23:32 PM
#151   2 large blocks, BUYS ...100k and 120k today traderchang 03/16/12 08:32:22 PM
#150   just mulling around, doing nothing.... traderchang 02/20/12 07:39:32 PM
#149   GOOD VOLUME.....O4 .045 as traderchang 01/31/12 02:05:44 PM
#148   +33.00% on Friday and +17.65% for the week... Pro-Life 01/27/12 07:29:02 PM
#147   Nice move friday.....we hit and closed at .04 traderchang 01/27/12 07:14:45 PM
#146   Scoreboard for the week: +70.00% Pro-Life 01/20/12 10:40:43 PM
#145   OOOPS...what a drop today. traderchang 01/13/12 04:22:23 PM
#144   Any have an idea on what's going on Climber020 01/13/12 10:04:42 AM
#143   On 11K volume: +16% Pro-Life 01/03/12 01:14:04 PM
#142   Frday- DOJI traderchang 01/02/12 03:23:11 PM
#141   LNXGF - on the radar ireed 12/18/11 11:09:30 PM
#140   ~ $LNXGF ~Multi chart fix and [ Penny Roger$ 12/15/11 01:00:29 AM
#139   NICE!!! ireed 12/14/11 01:44:05 PM
#138   Volume picking up, mostly on the buy side... traderchang 12/14/11 01:43:37 PM
#137   LNXGF - tight and primed...IMO ireed 12/14/11 11:22:50 AM
#136   LNXGF - http://www.barchart.com/quotes/stocks/LNXGF ireed 12/07/11 11:43:09 PM
#135   this is huge stockman69 12/07/11 07:55:18 PM
#134   Linux Gold Corp. Completes Assessment and Rental Fees stockman69 12/07/11 07:54:44 PM
#133   LNXGF nice news out today stockman69 12/07/11 07:54:09 PM
#132   LNXGF on radar stockman69 12/07/11 07:54:01 PM
#131   Nice News...liking it ireed 12/07/11 10:25:10 AM
#130   Linux Gold Corp. Completes Assessment and Rental Fees Pro-Life 12/07/11 10:17:30 AM
#129   Got a feeling on this one ireed 12/07/11 12:04:07 AM
#128   CHart on LNXGF look good, both daily and traderchang 12/04/11 11:37:14 AM
#127   LNXGF - say some web-site updates ireed 11/20/11 04:15:39 PM
#126   Retail and registered shareholders are buying despite extreme volatility. Pro-Life 11/16/11 04:22:44 PM
#125   what's the sitrep here? ireed 11/16/11 01:09:01 PM
#124   we are back to .05....hooray. traderchang 11/07/11 02:47:11 PM
#123   Stabilizing price in this zone... Pro-Life 11/02/11 10:11:48 AM
#122   hanging... traderchang 11/01/11 11:28:50 PM
#121   FuturesJackel....?? u think that SFOR is ok traderchang 08/26/11 08:59:58 PM
#120   ALSO look at SLGLF......Alaska Gold mining traderchang 08/20/11 03:37:25 PM
#119   Take a look at CMF, MFI, OBV (registered Pro-Life 08/15/11 08:24:59 PM
#118   For real? What do you traderchang 08/15/11 05:48:18 PM
#117   Linux Gold to Identify Drill Targets at the Pro-Life 08/15/11 01:53:25 PM
#116   Without any shred of a doubt, money is Pro-Life 08/15/11 01:48:41 PM
#115   Any reading ideas on the chart? traderchang 08/15/11 01:45:55 PM