Laurentian Goldfields Edges Toward Yr Low despite Ontario Update

By MT Newswires,  August 17, 2010, 01:36:10 PM EDT

Laurentian Goldfields Ltd. (LGF.V) has edged down 0.5 cents to 12 cents and toward a year low 11.5 cents despite higher gold prices and announcing that two significant anomalies, defined by elevated levels of gold (Au), arsenic (As) and antimony (Sb) in lake sediment and soil samples, have been identified during Phase 1 of exploration at the company's 100% owned Goldpines South property in Ontario.

AngloGold Ashanti Limited has an option to earn a 60% interest in the Goldpines South project by way of the terms of a Superior Alliance.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

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