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Nevada Gold NVGC Completes Expansion Program at Nevada Mine Site
http://finance.yahoo.com/news/nevada-gold-completes-expansion-program-142020678.html
DEL MAR, Calif., Nov. 26, 2013 (GLOBE NEWSWIRE) -- Nevada Gold Corp (NVGC) is pleased to report that the recently announced claim expansion program by staking has been completed at the Diamond Jim Mine project in the Island Mining District north of Elko, Nevada. The size of the property has been expanded by approximately 60% for a total of 53 claims. A surface program of geological mapping and sampling has been completed and preparation and planning to open the underground workings in the next phase of the program is underway.
A graph accompanying this release is available at http://media.globenewswire.com/cache/27842/file/23455.pdf
About Nevada Gold Corp
Nevada Gold Corp (NVGC) is a publicly traded US exploration company focused on precious metals targets in the gold rich area of North Eastern Nevada. To date, Nevada State has produced over 200 million ounces of gold with Nevada accounting for almost 84% of the US annual gold production. Most recently the company has acquired an option to earn a 75 percent interest in the former producing silver/lead and gold mine called the Diamond Jim Mine located in Northern Nevada State.
The Diamond Jim Mine in Elko County consists of 35 claims and is located in northeastern Nevada, 20 miles (32 km) south of the Idaho border, 69 miles (111 km) north of the city of Elko and 260 miles (418 km) northeast of the city of Reno. The property lies on the easterly end of the northeast-trending Midas trend, one of Nevada's several important epithermal gold belts. The Midas trend hosts a number of significant to world-class gold districts such as Midas-Ken Snyder Mine and the Jerritt Canyon Mine (recently produced its 8 millionth ounce of gold). These mines produce mainly from epithermal vein systems favorable for small but profitable high-grade operations and Carlin-type sediment-hosted deposits amenable to large-scale open-pit bulk mining.
Nevada Gold Corp plans to conduct an initial surface exploration program as well as seek a permit to reopen the old mine workings to verify previous exploration results. In addition to the Diamond Jim property the company also has an option on another gold property located in Nevada's Long Canyon Gold Trend.
Company Website: www.nvgoldcorp.net
Hey thanks man I did not think to look at the SS Activity on this one yet, but we definitely could have been hit hard on our down day on huge volume.
Yes $.50 is definitely coming, and I think we see $.75 before mid-december at the LATEST
RSI is at 60, so we may hit NEW Highs before we get a MACD Correction and then continue running again. http://stockcharts.com/h-sc/ui?s=nvgc
We may still trade another $800k here today. I would almost like seeing it slow down a bit. We may have an easier time going up if it was just small amounts of buying and sellers didn't have liquidity.
$.43s are up. Are we nearing more breakthroughs? What is L2 looking like?
No big deal just Another HUGE Dollar Volume Day on HUGE $NVGC News! This will never get old.
Well I am hoping for something along the lines of $.75 sooner than later but THIS WEEK is going to get crazy 100% imho.
nbd but we just had another $1.6MIL Dol Vol Day on a Great bounce back after a correction. I think we hit 52 week highs before thanksgiving again
haha this is just incredible. What an awesome trade $NVGC has become. It looks like it just cannot be stopped at this point.
http://stockcharts.com/h-sc/ui?s=NVGC&p=D&b=5&g=0&id=p39429699653
Same pullback and Re-RUN during 15th-16th that we are going to see AGAIN from $NVGC. RSI more bullish now, support at $.295 at 20sma but that will rise quickly.
Ya this stock is on a NEWS and BULLISH Chart Tear. All we needed was a RSI cool off and anyone who sold at RSI highs and got back in is the Savvier of the Traders. There is money to be made here based on swings and liquidity. Greatttttt trade that should have an AWESOME WEEK here!
K thanks. Very thin ask with stronger support at $.38. We should see a $.40 break soon. ANyone doubting this last week can go eat crow
wow this equity is STORMING back on the day now. New DAILY HIGHS coming after a small sell-off. RSI is at 56 currently. We are set-up for all time High Closes this week imo.
Turning back up now to $.36+. Our Chart has received its Breather, so I believe it is GO-TIME Again here! Is L2 thinning out at all right now heading into lunch?
NVGC ($.35 on $700k+ Today) Staking Program Being Carried Out to Increase the Diamond Jim Mine Project
DEL MAR, Calif., Nov. 22, 2013 (GLOBE NEWSWIRE) -- Nevada Gold Corp (NVGC) is pleased to report that a staking program is being carried out to enlarge the Diamond Jim Mine project in the Island Mining District north of Elko, Nevada. When completed the size of the property will have been expanded by approximately 60% for a total of 53 claims. A surface program of geological mapping and sampling is in progress as well as preparation and planning to open the underground workings in the next phase of the program.
The Island Mountain Mining District, which hosts the Diamond Jim Property, is comprised of two major tectonically-bounded stratigraphic sequences. The lower sequence is an autochthon comprised of three different steeply-dipping units. This is overlain by an allochthon consisting of a "chaotic assemblage of imbricate thrust plates" (Columbus Mines Inc. internal report, 1985). This has in turn then been broken and displaced by northeasterly, northerly, and northwesterly trending high-angle extensional faulting.
Locally, the Diamond Jim Property is situated in an area of structurally and stratigraphically controlled silver-lead mineralization hosted predominantly in the phyllite. This area is very structurally complex and poorly understood. The main structure is a northeast trending strongly silicified and brecciated vein that dips steeply to the west. Initial mapping indicates that this structure has a strike length of a least 6800 feet (2073 m). The high-grade epithermal mineralization is reported to be predominantly along imbricate thrust faults that occur at right angles to the main contact vein. That is, northeast striking with dips of 20 to 30 degree to the southeast. The silver mineralization occurs as argentiferous galena, sphalerite and tennantite as cavity filling, minor replacement pockets, stringers and replacement lenses.
About Nevada Gold Corp
Nevada Gold Corp (NVGC) is a publicly traded US exploration company focused on precious metals targets in the gold rich area of North Eastern Nevada. To date, Nevada State has produced over 200 million ounces of gold with Nevada accounting for almost 84% of the US annual gold production. Most recently the company has a acquired an option to earn a 75 percent interest in the former producing silver/lead and gold mine called the Diamond Jim Mine located in Northern Nevada State.
The Diamond Jim Mine in Elko County consists of 35 claims and is located in northeastern Nevada, 20 miles (32 km) south of the Idaho border, 69 miles (111 km) north of the city of Elko and 260 miles (418 km) northeast of the city of Reno. The property lies on the easterly end of the northeast-trending Midas trend, one of Nevada's several important epithermal gold belts. The Midas trend hosts a number of significant to world-class gold districts such as Midas-Ken Snyder Mine and the Jerritt Canyon Mine (recently produced its 8 millionth ounce of gold). These mines produce mainly from epithermal vein systems favorable for small but profitable high-grade operations and Carlin-type sediment-hosted deposits amenable to large-scale open-pit bulk mining.
Nevada Gold Corp plans to conduct an initial surface exploration program as well as seek a permit to reopen the old mine workings to verify pervious exploration results. In addition to the Diamond Jim property, the company also has an option on another gold property located in Nevada's Long Canyon Gold Trend.
Company Website: http://www.nvgoldcorp.net
Like us on Facebook: https://www.facebook.com/NevadaGoldCorp
NVGC ($.35 on $700k+ Today) Staking Program Being Carried Out to Increase the Diamond Jim Mine Project
DEL MAR, Calif., Nov. 22, 2013 (GLOBE NEWSWIRE) -- Nevada Gold Corp (NVGC) is pleased to report that a staking program is being carried out to enlarge the Diamond Jim Mine project in the Island Mining District north of Elko, Nevada. When completed the size of the property will have been expanded by approximately 60% for a total of 53 claims. A surface program of geological mapping and sampling is in progress as well as preparation and planning to open the underground workings in the next phase of the program.
The Island Mountain Mining District, which hosts the Diamond Jim Property, is comprised of two major tectonically-bounded stratigraphic sequences. The lower sequence is an autochthon comprised of three different steeply-dipping units. This is overlain by an allochthon consisting of a "chaotic assemblage of imbricate thrust plates" (Columbus Mines Inc. internal report, 1985). This has in turn then been broken and displaced by northeasterly, northerly, and northwesterly trending high-angle extensional faulting.
Locally, the Diamond Jim Property is situated in an area of structurally and stratigraphically controlled silver-lead mineralization hosted predominantly in the phyllite. This area is very structurally complex and poorly understood. The main structure is a northeast trending strongly silicified and brecciated vein that dips steeply to the west. Initial mapping indicates that this structure has a strike length of a least 6800 feet (2073 m). The high-grade epithermal mineralization is reported to be predominantly along imbricate thrust faults that occur at right angles to the main contact vein. That is, northeast striking with dips of 20 to 30 degree to the southeast. The silver mineralization occurs as argentiferous galena, sphalerite and tennantite as cavity filling, minor replacement pockets, stringers and replacement lenses.
About Nevada Gold Corp
Nevada Gold Corp (NVGC) is a publicly traded US exploration company focused on precious metals targets in the gold rich area of North Eastern Nevada. To date, Nevada State has produced over 200 million ounces of gold with Nevada accounting for almost 84% of the US annual gold production. Most recently the company has a acquired an option to earn a 75 percent interest in the former producing silver/lead and gold mine called the Diamond Jim Mine located in Northern Nevada State.
The Diamond Jim Mine in Elko County consists of 35 claims and is located in northeastern Nevada, 20 miles (32 km) south of the Idaho border, 69 miles (111 km) north of the city of Elko and 260 miles (418 km) northeast of the city of Reno. The property lies on the easterly end of the northeast-trending Midas trend, one of Nevada's several important epithermal gold belts. The Midas trend hosts a number of significant to world-class gold districts such as Midas-Ken Snyder Mine and the Jerritt Canyon Mine (recently produced its 8 millionth ounce of gold). These mines produce mainly from epithermal vein systems favorable for small but profitable high-grade operations and Carlin-type sediment-hosted deposits amenable to large-scale open-pit bulk mining.
Nevada Gold Corp plans to conduct an initial surface exploration program as well as seek a permit to reopen the old mine workings to verify pervious exploration results. In addition to the Diamond Jim property, the company also has an option on another gold property located in Nevada's Long Canyon Gold Trend.
Company Website: http://www.nvgoldcorp.net
Like us on Facebook: https://www.facebook.com/NevadaGoldCorp
You may have missed AH News on FRIDAY boiler - here it is: http://finance.yahoo.com/news/staking-program-being-carried-increase-211500865.html
Staking Program Being Carried Out to Increase the Diamond Jim Mine Project
Crazy crazy money making swings again here for people. $NVGC has to be the most Increasing LIQUID Stock over the last 2 weeks.
Well RSI was off the charts. We can't expect it to go up every day every week. It has to have pullbacks and we have a SHARP one right now, but it is also a potential opportunity if you think $NVGC roars next week.......like WE DO
I know - http://stockcharts.com/h-sc/ui?s=NVGC&p=D&b=5&g=0&id=p08595701059 - ALL TIME VOLUME HIGHS by a LANDSLIDE. Huge Money trading in $NVGC right now eh. I am not worried by this pullback albeit on large volume. Next week this will hit NEW HIGHS Again.
Nevada Gold $NVGC Addresses Market Activity
DEL MAR, Calif., Nov. 22, 2013 (GLOBE NEWSWIRE) -- NEVADA GOLD CORP (NVGC) -- It has come to the Company's attention that recently certain parties unrelated to the Company have been promoting our company's stock. We seek to clarify that we have not engaged in any such activity, and have no connections to or relationships with, anyone who would be engaging in the promotion of our stock. The promotional pieces that have been brought to our attention contain targets and projections that we feel are solely for promotional purposes and not based upon a realistic and comprehensive analysis of our company or our properties. Our operations are in the exploration stage. As an exploration stage mining enterprise, our focus must remain on developing our property interests to establish a commercially viable mineral resource. This is where our attention and funds will remain. All our efforts are focused on moving our operations forward and not on stock market promotional activity.
We are of the view that our press releases and disclosure documents accurately describe our assets, operations and proposed activities, and encourage potential investors to refer to such information. In addition, we strongly urge any prospective investors to obtain advice from a qualified investment professional prior to making any investment in our Company.
About Nevada Gold Corp
Nevada Gold Corp (NVGC) is a publicly traded US exploration company focused on precious metals targets in the gold rich area of North Eastern Nevada. To date, Nevada State has produced over 200 million ounces of gold with Nevada accounting for almost 84% of the US annual gold production. Most recently the company has acquired an option to earn a 75 percent interest in the former producing silver/lead and gold mine called the Diamond Jim Mine located in Northern Nevada State.
The Diamond Jim Mine in Elko County consists of 35 claims and is located in northeastern Nevada, 20 miles (32 km) south of the Idaho border, 69 miles (111 km) north of the city of Elko and 260 miles (418 km) northeast of the city of Reno. The property lies on the easterly end of the northeast-trending Midas trend, one of Nevada's several important epithermal gold belts. The Midas trend hosts a number of significant to world-class gold districts such as Midas-Ken Snyder Mine and the Jerritt Canyon Mine (recently produced its 8 millionth ounce of gold). These mines produce mainly from epithermal vein systems favorable for small but profitable high-grade operations and Carlin-type sediment-hosted deposits amenable to large-scale open-pit bulk mining.
Nevada Gold Corp plans to conduct an initial surface exploration program as well as seek a permit to reopen the old mine workings to verify pervious exploration results. In addition to the Diamond Jim property the company also has an option on another gold property located in Nevada's Long Canyon Gold Trend.
Company Website: http://www.nvgoldcorp.net
Like us on Facebook: https://www.facebook.com/NevadaGoldCorp
Nevada Gold $NVGC Addresses Market Activity
DEL MAR, Calif., Nov. 22, 2013 (GLOBE NEWSWIRE) -- NEVADA GOLD CORP (NVGC) -- It has come to the Company's attention that recently certain parties unrelated to the Company have been promoting our company's stock. We seek to clarify that we have not engaged in any such activity, and have no connections to or relationships with, anyone who would be engaging in the promotion of our stock. The promotional pieces that have been brought to our attention contain targets and projections that we feel are solely for promotional purposes and not based upon a realistic and comprehensive analysis of our company or our properties. Our operations are in the exploration stage. As an exploration stage mining enterprise, our focus must remain on developing our property interests to establish a commercially viable mineral resource. This is where our attention and funds will remain. All our efforts are focused on moving our operations forward and not on stock market promotional activity.
We are of the view that our press releases and disclosure documents accurately describe our assets, operations and proposed activities, and encourage potential investors to refer to such information. In addition, we strongly urge any prospective investors to obtain advice from a qualified investment professional prior to making any investment in our Company.
About Nevada Gold Corp
Nevada Gold Corp (NVGC) is a publicly traded US exploration company focused on precious metals targets in the gold rich area of North Eastern Nevada. To date, Nevada State has produced over 200 million ounces of gold with Nevada accounting for almost 84% of the US annual gold production. Most recently the company has acquired an option to earn a 75 percent interest in the former producing silver/lead and gold mine called the Diamond Jim Mine located in Northern Nevada State.
The Diamond Jim Mine in Elko County consists of 35 claims and is located in northeastern Nevada, 20 miles (32 km) south of the Idaho border, 69 miles (111 km) north of the city of Elko and 260 miles (418 km) northeast of the city of Reno. The property lies on the easterly end of the northeast-trending Midas trend, one of Nevada's several important epithermal gold belts. The Midas trend hosts a number of significant to world-class gold districts such as Midas-Ken Snyder Mine and the Jerritt Canyon Mine (recently produced its 8 millionth ounce of gold). These mines produce mainly from epithermal vein systems favorable for small but profitable high-grade operations and Carlin-type sediment-hosted deposits amenable to large-scale open-pit bulk mining.
Nevada Gold Corp plans to conduct an initial surface exploration program as well as seek a permit to reopen the old mine workings to verify pervious exploration results. In addition to the Diamond Jim property the company also has an option on another gold property located in Nevada's Long Canyon Gold Trend.
Company Website: http://www.nvgoldcorp.net
Like us on Facebook: https://www.facebook.com/NevadaGoldCorp
We are crushing volume records here. Another $2MIL already trading today before 1pm. I'm telling you this keeps going north next week especially if you can get in cheap.
Anyone else have their bids in at $.35 for any basement price grabs? That is clearly the spot traders want to get in or add right now. Liquidity still phenomenal.
Wanna bet that you are wrong? Where do you think this stock will be next Friday? I bet NEXT WEEK is JUST AS CRAZY....
this is what you call a Buying Opportunity - $NVGC is clearly in a BULLISH TREND yet there is always a pullback needed. Not every day can be up 15% and RSI can not be 100+ etc all the time.
I think we are getting back to $.50 on the day easilyyyyy. I DO want the chart to settle down a bit tho. $NVGC has a lot of action going on and it is going to be crazy next week.
Yes RSI had to cool down, and now it has. $NVGC is not even CLOSE to being over with its running yet.
IF we repeat our last sell off then monday will be followed by a run Back to $.58 and we will continue running for another week or so to $.75+
http://stockcharts.com/h-sc/ui?s=nvgc You see what happened last time we rocketed and then sold off/cooled down? We went back to the same highs and started another week long run......
These are crazy swings today after a gap up to all time highs AGAIN! $NVGC is due for a pull back but it will only keep going once RSI cools off as it has now.
wow we are FURIOUSLY storming back now!
$NVGC - $.515 - is in FULL BREAKOUT MODE at ALL-TIME HIGHS on ~$1.5MIL Traded! Accumulation is SOARING After Huge News - stockcharts.com/h-sc/ui?s=NVGC&p=D&b=5&g=0&id=p20403951114
$NVGC - $.515 - is in FULL BREAKOUT MODE at ALL-TIME HIGHS on ~$1.5MIL Traded! Accumulation is SOARING After Huge News - http://stockcharts.com/h-sc/ui?s=NVGC&p=D&b=5&g=0&id=p20403951114
Oh for sure. NEWS is the reason we are running here. Without these developments we are still blindly trading in the .20-.30 zone, but THINGS have Changed!
is L2 getting thin or are we just gonna keep slowly churning to new highs every half hour?
I know this is looking like MANIFEST DESTINY isn't it? $1 could happen and those in at twenty are laughing all the way to a 400% Gain. This accumulation is absolutely astounding.
http://stockcharts.com/h-sc/ui?s=NVGC&p=D&b=5&g=0&id=p20403951114 PURE BULLISH ACCUMULATION in effect for $NVGC still. This is as Bullish as it gets without just GAPPING up 100% or going vertical one day. This is cleaner.
haha my thoughts exactly. Our RSI will be sky high soon enough for a pullback and I will add then but right now I am just watching the show. We have the News and the MGMT Team to keep this run going.