By: Drake Management
Drake Gold Resources Inc. Interim Chief Financial Officer Thomas Conar resigned from his position with the Company. He will cease all duties to the Company, effective immediately.
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Tuesday, June 17, 2008
President John Marconette Resigns
By: Drake Management
President and Director John Marconette respectfully resigned from all activities and positions held with Drake Gold Resources Inc. His decision was motivated partly by health issues, but primarily in order to facilitate his desire to focus solely on mining operations. Mr. Marconette will continue to represent Drake’s Georgia interests through his involvement with Southern Mining (SME).
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President and Director John Marconette respectfully resigned from all activities and positions held with Drake Gold Resources Inc. His decision was motivated partly by health issues, but primarily in order to facilitate his desire to focus solely on mining operations. Mr. Marconette will continue to represent Drake’s Georgia interests through his involvement with Southern Mining (SME).
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Friday, June 6, 2008
Drake Management Institutes Internal Review To Improve Company Compliance Plan
Under suggestion of recent additions to the Board of Directors, Drake Gold Resources management team has initiated a comprehensive review of all material business actions and dealings. While previous Drake officers have done an exemplary job building the company, a commitment by management to ensure success compels the implementation of strategies, including those related to audit preparation and filings. In an effort to provide full compliance with all governmental and industry regulations, Drake management intends to conduct a comprehensive review of all company policies, transactions, agreements, and material decisions made by officers and management.
Chief Operating Officer, James Goularte states, "Currently Drake management maintains a policy of fiscal discipline and diligence in all company matters. In this light, we remain committed to performing a thorough internal review of our policies, actions, and material business to ensure full regulatory compliance and success in all future endeavors."
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Chief Operating Officer, James Goularte states, "Currently Drake management maintains a policy of fiscal discipline and diligence in all company matters. In this light, we remain committed to performing a thorough internal review of our policies, actions, and material business to ensure full regulatory compliance and success in all future endeavors."
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Friday, May 9, 2008
Eagle Mining JV Report
Drake Gold Announces Joint Venture with Turn-key Arizona Project and Releases Detailed Report
As management recently announced, Drake Gold has signed a joint-venture agreement with Eagle Mining for their Abigail and Donovan mining claims in Arizona. Eagle Mining has already completed multiple geological assays that show great potential for profitability. Eagle Mining has also secured necessary permits and currently possess a variety of processing equipment for the sites.
Drake Gold has written a detailed investigative report covering this Arizona project as a whole. The report includes the assays, permits, BLM data and a host of other information pertaining to the project. Please click on the link below to get a better understanding of Drake’s latest venture.
Read Eagle Mining Investigative Report
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As management recently announced, Drake Gold has signed a joint-venture agreement with Eagle Mining for their Abigail and Donovan mining claims in Arizona. Eagle Mining has already completed multiple geological assays that show great potential for profitability. Eagle Mining has also secured necessary permits and currently possess a variety of processing equipment for the sites.
Drake Gold has written a detailed investigative report covering this Arizona project as a whole. The report includes the assays, permits, BLM data and a host of other information pertaining to the project. Please click on the link below to get a better understanding of Drake’s latest venture.
Read Eagle Mining Investigative Report
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Thursday, April 24, 2008
Our Dove Explorer 500
By: Drake Management
As you all know, we at Drake are currently awaiting the shipment of our Explorer 500 from Dove Mining and Equipment. This machinery, secured with no up-front costs, is a mining powerhouse with a processing speed of up to 60 tons of solids an hour. To the left is a picture of the model we will be receiving in the coming weeks.
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See the Assembly of the Dove Superminer
By: Drake Management
As explained in a recent press release, President of AERO Mining Technologies, Ken Jayne, recently traveled to Thailand to visit Dove Mining and Equipment’s overseas facilities. Upon his return, we learned the estimated date of shipment for our Explorer 500. We also heard a lot about Mr. Jayne’s trip to Dove’s factories. Lucky for us, he shared some excellent pictures with us, including those posted below, showing the assembly of one of Dove’s most popular models, the Superminer.
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As explained in a recent press release, President of AERO Mining Technologies, Ken Jayne, recently traveled to Thailand to visit Dove Mining and Equipment’s overseas facilities. Upon his return, we learned the estimated date of shipment for our Explorer 500. We also heard a lot about Mr. Jayne’s trip to Dove’s factories. Lucky for us, he shared some excellent pictures with us, including those posted below, showing the assembly of one of Dove’s most popular models, the Superminer.
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Tuesday, April 22, 2008
Georgia Sampling Pictures
By: Drake Management
Drake has recently released some exciting assay results from recent samples collected by our President, John Marconette. Mr. Marconette gathered the hard rock samples from surface to a depth of 12 inches. These collections did not come from a single hard rock source, but reflect the fractured nature of much of the hard rock discovered on the property. Because these quartz deposits are fractured, moving the material with excavators in order to be processed should be relatively unhindered. No blasting will be required to process the fractured quartz; these deposits are thus rather accessible and while processing them will require crushing, they should pose minimum additional preparations.
The pictures below are of 5 of the recent samples and were taken by Mr. Marconette, providing insight into their size and condition.
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Drake has recently released some exciting assay results from recent samples collected by our President, John Marconette. Mr. Marconette gathered the hard rock samples from surface to a depth of 12 inches. These collections did not come from a single hard rock source, but reflect the fractured nature of much of the hard rock discovered on the property. Because these quartz deposits are fractured, moving the material with excavators in order to be processed should be relatively unhindered. No blasting will be required to process the fractured quartz; these deposits are thus rather accessible and while processing them will require crushing, they should pose minimum additional preparations.
The pictures below are of 5 of the recent samples and were taken by Mr. Marconette, providing insight into their size and condition.
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