High-grade Beaver Mine Tailings Drill Program Returns 79.0 G/t Average Silver Grade
Canada Silver Cobalt Works Inc. is pleased to announce high-grade silver assay results from a recently completed sonic drill program at the Beaver Mine. In addition to the high-grade silver veins being documented at the Castle’s Robinson Zone, CCW hosts some of the richest tailings in the Cobalt Camp on both the Beaver and Castle properties, The Company is continuing to address all requirements to advance and …
Canada Silver Cobalt Works Inc. (TSXV: CCW) (OTCQB: CCWOF) ( Frankfurt : 4T9B) (the “Company” or “Canada Silver Cobalt”) is pleased to announce high-grade silver assay results from a recently completed sonic drill program at the Beaver Mine. In addition to the high-grade silver veins being documented at the Castle’s Robinson Zone, CCW hosts some of the richest tailings in the Cobalt Camp on both the Beaver and Castle properties, The Company is continuing to address all require
Gabriel Resources Ltd. Corporate Update
to
announce the appointment of three new independent non-executive directors to the Board of Directors of the Company ( Board ) effective immediately. In addition, the Company is pleased to report the final decision of Romania s supreme court upholding the annulment of a value added tax assessment levied against Ro?ia Montana Gold Corporation S.A. ( RMGC ), Gabriel s majority-owned indirect Romanian subsidiary.
Appointment of New Board Members
The new appointees to the Board are Mr. Jeffrey Couch, Ms. Anna El-Erian and Mr. James Lieber.
Following these appointments, the Board is composed of seven members, of which three are independent directors. The new Board members will work with Gabriel s existing Board and Management team as the Company advances its arbitration case against the Government of Romania before the World Bank s International Centre for Settlement of Investment Disputes ( ICSID Arbitration ).
Explorer Discovers New Gold Mineralization at Abitibi Gold Belt Property Source:
Streetwise Reports (1/21/21) iMetal Resources is setting out to see if the multi-million ounce gold resource next door continues onto its Gowganda West property in Ontario.
iMetal Resources Inc. (IMR:TSX.V; ADTFF:OTCBB) holds about a half-dozen projects in Ontario and Quebec, with Gowganda West in northern Ontario in the Abitibi Greenstone Beltand about 90 km southwest of the Timmins Gold Campits chief focus. The property abuts Caldas Gold Corp. s Juby Gold project where an October 2020 technical report estimated a resource of 773,000 ounces of gold at a grade of 1.13 grams per tonne (g/t) in the Measured and Indicated category and 1.488 million ounces at 0.98 g/t in the Inferred category.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Caldas Gold Receives Technical Approval for Marmato Mining Title Extension
Caldas Gold CorporationJanuary 18, 2021 GMT
TORONTO, Jan. 18, 2021 (GLOBE NEWSWIRE) Caldas Gold Corp. (TSX-V: CGC; OTCQX: ALLXF) announced today that it has received official notification from the Agencia Nacional de Mineria (“ANM”) confirming approval of the technical information related to its request for a 30-year extension of its Marmato mining contract 014-89M. With the economic conditions and technical approval now complete, the Company and the ANM are finalizing the legal documents for the mining title extension. The Company expects that the extension process will be completed before the end of January at which time it will proceed with the closing of the Aris Gold transaction.
Cash payment amount:
Approximately US$0.11958030 per US$1.00 principal amount of Gold Notes issued and outstanding representing an amortization payment of the principal amount of approximately US$0.08128079 per US$1.00 principal amount of Gold Notes and a gold premium of approximately US$0.03829951 per US$1.00 principal amount of Gold Notes. Based on the London P.M. Fix on January 15, 2021 of US$1,839.00 per ounce, the aggregate amount of the cash payments on the Payment Date will be US$4,248,090, of which US$2,887,500 will be applied to reduce the aggregate principal amount of the Gold Notes issued and outstanding and the balance represents the Gold Premium.