On Wednesday, Rostock Ventures Corp. reported that the work program on their White Gold Prospect in the Yukon is scheduled to begin. This prospect is in the vicinity of Kinross Gold Corp.’s Golden Saddle Property that was acquired from Underworld Resources in June of 2010.
Rostock Ventures Corp.’s current project is the White Gold Yukon Claim, which is approximately 3,200 contiguous acres and lies within the globally prolific mining region known as the Tintina Gold Belt. Company management is planning on starting operations on this 100 percent owned White Gold Yukon Prospect shortly. Currently, they are sourcing crews for this highly prospective project and they anticipate being able to finalize a work program soon.
The White Gold Prospect lies in direct vicinity of the White Gold Discovery made by Underworld Resources. Underworld intercepted more than 104 meters of high-grade mineralized core that graded an average of 3.39 grams per ton. This, along with other high-grade drill results from their White Gold Property, subsequently gave Kinross reason to takeover Underworld Resources for $2.60 a share in June 2010. Kinross is the world’s fifth-largest gold producer.
Rostock Ventures Corp. management is also, at present, actively engaged in evaluating new prospects that could add new potential shareholder value to Rostock. These new prospects include, but are not limited to, gold, silver and rare earth element (REE) prospects including lithium. Management is going to begin one or more of these new prospects in the near future.
President Mr. Greg Rotelli stated, “We are pleased to be moving forward on our Yukon Gold Prospect and look forward to being underway in August. Management is also continuing to evaluate additional prospects while we are active on the Yukon Prospect. With gold prices at all time highs this week, clearly this a great time to start operations on our gold prospect.”
Headquartered in San Diego, California, Rostock Ventures Corp. engages in the acquisition and exploration of mineral properties. The Company focuses on the exploration of lead, zinc, copper, silver, or gold ores in their property. They own interests in mining claims in the Tintina Gold Belt in Yukon Territory, Canada.
About QualityStocks:
QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. We offer several ways for investors to learn more about investing in these companies as well as find and evaluate them.
Sign up for “The QualityStocks Daily Newsletter” at www.QualityStocks.net
The Quality Stocks Daily Blog http://blog.qualitystocks.net
The Quality Stocks Daily Videos http://videocharts.qualitystocks.net
The Quality Stocks “Ones to Watch” http://Gotstocks.QualityStocks.net
Please see disclaimer on the QualityStocks website: http://disclaimer.qualitystocks.net
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment