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Mining Journal Review of Duncastle Gold Corp. at Inflection Point with High-Grade Gold-Silver Vein System at Past Producing Mine
Mining Journal Review of Duncastle Gold Corp. at Inflection Point with High-Grade Gold-Silver Vei...
About this update from Stillwater Critical Minerals Corp
[{"type":"text","content":"\nMining Journal Review of Duncastle Gold Corp. at Inflection Point with High-Grade Gold-Silver Vein System at Past Producing Mine\n\n\n Aug. 14, 2009 (Baystreet.ca) -- Mining MarketWatch Journal has published a review on Duncastle Gold Corp. (TSX VENTURE: DUN) (Frankfurt: 5D3). The review offers insight and opportunity afforded investors as DUN.V is advancing development of the historically successful Yankee-Dundee mine and the surrounding Ymir Camp in southeastern BC, encountering very good grades in the extensions of the old mines and methodically adding value to the prolific gold-silver vein system.\n\nThe full review and valuation commentary may be found at: http://miningmarketwatch.net/dun.htm online.\n\nExcerpts:\nDuncastle Gold Corp. is now at an inflection point and is poised for significant upside revaluation as the current market cap of DUN.V (~30M shares outstanding and trading under CDN$0.25) relative to the inherent value seem disproportionate. Duncastle now controls most of the historic Ymir mining camp in south-eastern BC, Canada, once the largest silver producer in the British Commonwealth. Duncastle has nurtured along their 100% owned flagship Yankee-Dundee high-grade gold-silver project since going public in late 2007 and are now at a point where the risk-reward characteristics are highly advantageous for investors establishing a long position in DUN.V.\n\nWith assistance from the proven exploration and ounce building capability of the Manex Resource Group, Duncastle has drilled over 6,000m in 42 holes, found numerous extensions of the old mine(s), and recorded impressive grades within the core of the most advanced shoot (the Yukon shoot) at 3.23 metres of 14.1g/t gold, 281g/t silver, 11.1% lead and 12.6% zinc - all part of a broader zone with very good grades. As the largest mine in the Ymir camp, the Yankee-Dundee mine is a significant past producer. Duncastle has been consolidating properties in the area over the last several years to the point they now control most of the historic Ymir Camp which was at one time the largest silver producer in the British Commonwealth (BC MEMPR Bulletin 109, 2001). Consolidation and control of this proven area are key in taking the project to the point a major would be interested in considering acquisition. A steady flow of exploration results and developments are expected,...