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Stock impact report

PDAC 2023 Bill Dennis Award [Globe and Mail, The (Toronto, Canada)]

Kinross Gold Corporation (KGC) 
Last kinross gold corporation earnings: 2/12 05:00 pm Check Earnings Report
potential of the Dixie project in the Red Lake gold camp in northern Ontario had been investigated and found wanting. Yet Chris Taylor, CEO of Great Bear Resources, and VP Exploration Bob Singh, along with their team, believed there was a lot more gold to be discovered. Using historical data, including a suite of more than 150 drill holes, they constructed a new model of mineralization. Convinced that previous explorers had misinterpreted the geology, Mr. Taylor used his personal line of credit to finance early exploration. This tenacity, which earned the team the PDAC 2023 Bill Dennis Award, led to a first major discovery: the Hinge zone. It was followed by more discoveries in rapid succession: the Bear-Rimini, Yuma, Auro, Yauro, Viggo and Gap zones, all part of a larger continuous zone of gold mineralization called the LP Fault Zone. Unlike the vein-hosted gold mineralization typical of Red Lake, the mineralization was sheet-like, containing high-grade zones within lower grade h Show less Read more
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