Investing in gold advantages and Starcore gold producer? Demand for gold has also grown among investors. Many are beginning to see commodities, particularly gold, as an investment class into which funds should be allocated. In fact, SPDR Gold Trust, became one of the largest ETFs in the U.S., as well as one of the world’s largest holders of gold bullion in 2008, only four years after its inception.
Speaking of gold, it is easily the oldest form of currency in use on earth. It was used by our ancestors centuries ago and is still used today, its mention can even be found in the epics of Hindu mythology which highlights the position that gold holds in the Indian and especially Hindu culture. It is considered as a carrier of good luck and thus is gifted to the new brides and other important milestones of life as well. Therefore, one of the tools which are popular for this purpose is the financial investment which allows a person to multiply his savings by investing it into one of the multiple options available like mutual funds, real estate, gold etc.
The Ajax Property occurs along the western margin of the Stikinia Terrane of the North America Cordillera, immediately adjacent to the eastern margin of the Coast Plutonic Complex. The property is underlain by Jurassic Hazelton Group rocks consisting primarily of argillaceous sediments and minor interbedded andesite tuffs that locally has been intruded by four closely spaced stocks of quartz monzonite porphyry. The Ajax deposit occupies a rectangular area approximately 650 m x 600 m that ranges in elevation from 425 masl to 1050 masl. The mineralization is predominantly pyrrhotite and lesser molybdenite that typically comprises less than 2% of the rock by volume. Molybdenite is typically associated with quartz and occurs in pyrrhotite-bearing veinlets, in thin stringers and on fracture and shear surfaces. Areas of elevated molybdenite grades (>0.060% Mo) are characterized by a high fracture density where quartz vein stockwork is well developed. Lower grade material (0.030 to 0.060 % Mo), is found in areas of weaker fracturing and forms a broad halo around the higher grade zones, especially below the 762 m elevation contour. Read more info on leveraged to gold price.
We have assembled a strategic blend of experienced professionals and seasoned veterans in fields such as: Corporate Finance, International Law, Engineering and Geology. Collectively, Starcore’s management brings over 100 years of experience to the business of mineral exploration and development. We advocate making business decisions based on constructive dialogue between management and directors and we view dialogue as the key to building long-term sustainable growth for our investors. In addition Starcore’s management is keen on: Developing constructive relationships with both private and public groups to accelerate meeting core business objectives; Focusing on the fundamental aspects of the company to build a strong platform for growth.
Starcore International Mining and El Creston Property development news: Most of the work completed on the Creston property has been concentrated on the evaluation of the El Creston Main and Red Hill Zones which together make up the Creston Deposit. Overall the Creston Deposit is up to 1100 metres long x up to 1000 metres wide. The work to date includes mapping, geochemical sampling, geophysical surveying and the completion of the following: In 2010 SRK Consulting completed Resource Inventory calculations based on the results 28 diamond drill holes completed by AMAX between 1974 to 1978 and 109 holes drilled by Creston Moly Corp representing 36,151 metres of core. The resources are summarized below. Discover more info at here.