la ronge gold corp (LAR:Venture)
la ronge gold corp (LAR) Snapshot
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Open
C$0.16
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Previous Close
C$0.15
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Day High
C$0.16
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Day Low
C$0.15
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52 Week High
08/15/12 - C$0.37
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52 Week Low
12/19/12 - C$0.15
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Market Cap
5.0M
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Average Volume 10 Days
32.5K
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EPS TTM
C$-0.08
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Shares Outstanding
33.4M
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EX-Date
--
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P/E TM
--
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Dividend
--
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Dividend Yield
--
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La Ronge Gold Corp. engages in the exploration of gold and mineral properties in Canada. It primarily holds interests in the Old Cabin project located to the northwest of Wawa, Ontario. The company was formerly known as Chalice Diamond Corp. and changed its name to La Ronge Gold Corp. in June 2011. La Ronge Gold Corp. is headquartered in Vancouver, Canada.
la ronge gold corp (LAR) Top Compensated Officers
la ronge gold corp (LAR) Key Developments
La Ronge Gold Corp. has received assays from the final five drill holes from its winter drilling program at the Preview Property located in north-central Saskatchewan. These holes were drilled to the northeast of the Preview SW gold deposit, testing for extensions of mineralization outside the current resources. Preview A and Preview North Prospects are located 430 and 2,620 m northeast, respectively, of Preview SW. Both the Preview A and Preview North Prospects appear to be hosted in the same corridor of sheared diorite that hosts the Preview SW Deposit. Preview North Prospect: Drill hole PR13-163, located 2,620 metres (m) northeast of the Preview SW gold deposit, intersected the following three new near surface gold zones: 17.98 grams per tonne gold (g/t Au) over 5.71 m starting at 10 m below surface; 5.96 g/t Au over 5.66 m starting at 19 m below surface; 1.88 g/t Au over 21.26 m starting at 29 m below surface. Preview North Prospect appears to be hosted in the same corridor of shearing that hosts the Preview SW gold deposit 2,620 m to the southwest. A major structural break, interpreted from the airborne geophysics survey completed last summer, coincides with the mineralization intersected in PR13-163. Free gold or visible gold coincides with the reported gold intercepts in PR13-163. Gold mineralization at the Preview North Prospect appears to plunge to the SW. PR13-163 is 190 m SW of historic trenches at Preview North Prospect, where a brick of gold was poured from 24.34 g/t Au (0.71 opt) ore in 1941. Preview A Prospect: PR13-159 returned 3.71 g/t Au over 5.85 m starting at 44.5 m below surface from the Preview A Prospect, which is located 430 m northeast of the Preview SW deposit. All the drill holes released to date confirm that Preview SW Gold deposit as well as Preview A and North Prospects are open for expansion. Engineering and Environmental studies are continuing on the Preview SW gold deposit. Results from previously drilled holes of the program (PR13-144 to PR13-158) have been released on February 4 and 26, and March 4 and 20, 2013.
La Ronge Gold Corp. has received assays from seven additional drill holes from its Preview Property located in north central Saskatchewan. These holes were drilled on the northeast and western margins of the Preview SW gold deposit, testing for extensions of mineralization outside the current resources. PR13-158 was drilled in the centre of the deposit to more closely delineate the geometry of mineralization, and PR13-157 was drilled at the western limit of the deposit. The company has also completed holes on Preview A and' Preview North prospects, which are located 430 m and 2,620 m, respectively, northeast of the Preview SW gold deposit, and is awaiting results. Results from previously drilled holes of the program (PR13-144 to PR13-151) have been released on February 4 and 26 and on March 4, 2013. Hole PR13-151, previously released, intersected 633.61 g/t Au over 4.08 m, including individual assays of 5.14 g/t Au over 0.77 m, 13.03 over 0.90 m and 4,279 g/t Au over 0.60 m. Mineralized intervals are based on samples that vary in width from 0.6 m to 1.5 m utilizing 0.20 g/t gold cut-off levels with a maximum internal dilution of 2.90 metres. The primary objective of the 2013 program was to test mineralization outside the Preview SW gold deposit resource, both along strike to the northeast and southwest as well as down-dip. Holes have been completed on the Preview A prospect as well as on the Preview Adit prospect, which are located 430 m and 2620 m northeast respectively, in the same northeasterly trending structural corridor that hosts the Preview SW deposit. In addition to the current exploration and expansion drilling at Preview SW deposit, the company has initiated metallurgical studies on the Preview SW gold deposit. Preliminary engineering studies and base line environmental surveys will continue in 2013, and an updated resource estimate incorporating the results from this winter's drilling campaign will then become a part of a Preliminary Economic Analysis (PEA) on the Preview SW Deposit.
La Ronge Gold Corp. has received additional drill assays from its Preview Property located in north-central Saskatchewan. The holes released to date were drilled on the northeast and southwest margins of the Preview SW gold deposit, testing for extensions of gold mineralization outside the current resources as well as testing near surface gold mineralization within the deposit. Hole PR13-151 was designed to test one vein-structure outside the resource area. An obvious magnetic break may represent a cross-cutting structure at this location. Drill Hole PR13-151, drilled 75 m outside the defined resource to the northeast, intersected: 633.61 g/t Au over 4.08 m starting at 203.78 m including: 1,123.25 g/t Au over 2.30 m including: 5.14 g/t Au over 0.77 m, 13.03 over 0.90 m, and 4,279 g/t Au over 0.60 m. Assays from the initial holes of the program (PR13-144 to PR13-150) were previously released on February 4 and 26, 2013. Mineralized intervals are based on samples that vary in width from 0.6 m to 0.92 m utilizing 0.20 g/t gold cut-off levels with a maximum internal dilution of 0.86 metres. The attitude of mineralized intervals varies, and reported mineralized intersections may not represent true widths. 2013 Drilling: The primary objective of the 2013 program is to test mineralization outside the Preview SW Gold Deposit resource both along strike to the northeast and southwest as well as down-dip. Holes have been completed on the Preview A prospect as well as the Preview Adit prospect, which are located 430 m and 2,620 m northeast, respectively, in the same northeasterly trending structural corridor that hosts the Preview SW deposit. Results from these holes will be released when assay results are received.
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| Price/Earnings | NM | Not Meaningful |
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| Price/Book | 0.8x |
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| TEV/Sales | -- | Not Meaningful |
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