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TF Metals Report: A new wrinkle in the paper gold con game
11:10a ET Tuesday, August 9, 2016
Dear Friend of GATA and Gold:
The gold futures contracts being planned by the London Metals Exchange and World Gold Council appear to be based only on more "paper gold" derivatives, the TF Metals Report's Turd Ferguson writes today. His analysis is headlined "A New Wrinkle in the Paper Gold Con Game" and it's posted here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
Camino Minerals Receives Approval to Drill
at Lost Cabin Project in Oregon
Tuesday, August 9, 2016
Camino Minerals Corp. (COR: TSX-V, CAMZF:OTC) is pleased to announce that it has received regulatory approval to drill at the Lost Cabin project in south-central Oregon. The company has received notice from the U.S. Bureau of Land Management that it has accepted the plan of operation, described in the notice for exploration drilling submitted in September 2015.
On February 4, 2015, Camino announced it had optioned the Lost Cabin Project from La Cuesta International Inc.. The company has since completed a field evaluation of the project. Anomalous gold values were returned from grab samples, including 38.0 grams per tonne and 2.8 grams per tonne gold at the western end of the zone, as well as 5.5 gpt and 1.9 gpt gold in the east. The property lies within the Basin and Range Province in southern Oregon and covers a layered dome complex. Moderate to intense argillic alteration is exposed for more than 3 kilometers in a northwest trending valley. Within the exposed alteration are epithermal quartz veins, stock work, and breccias, which have potential to host a low-sulphidation, epithermal gold system.
For the complete announcement:
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