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Gran Colombia offers $315M in friendly, all-share offer for Gold X - Canadian Mining Journal


Gran Colombia Gold (TSX: GCM) is acquiring
Gold X Mining (TSXV: GLDX) in an all-share deal valued at $315 million, after a
three-way merger proposal that included Guyana Goldfields was scuttled last year by
The combination of assets – Gran Colombia’s producing Segovia operations and Gold X’s Toroparu advanced gold project in Guyana – would create a new “Latin American-focused growth platform.”
Highlights of the transaction include an enhanced balance sheet and access to capital (the combined company would have $100 million in cash), and greater market visibility and interest. Both Segovia and Toroparu also have significant growth and exploration potential.
Gran Colombia already owns an 18% stake in Gold X. The offer implies a 39% premium based on the closing price of Gold X shares on Mar. 12. ....

Cuyuni Mazaruni , United States , Guyana General , Paul Matysek , Serafino Iacono , Goldx Mining , Colombia Gold , Guyana Goldfields , Gran Colombia , Latin American , Segovia Operations , Guiana Shield , Western Guyana , Cuyuni Mazaruni Region , Upper Puruni , ஒன்றுபட்டது மாநிலங்களில் , கையந ஜநரல் , செராபினோ ஈயக்கோனொ , கொலம்பியா தங்கம் , கையந தங்க புலங்கள் , கிரான் கொலம்பியா , லத்தீன் அமெரிக்கன் , செகோவியா செயல்பாடுகள் , கயானா கவசம் , மேற்கு கையந ,

Explorer Discovers New Gold Mineralization at Abitibi Gold Belt Property


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 Belt—and about 90 km southwest of the Timmins Gold Camp—its 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. ....

United States , Canada General , Orefinder Knight , Saf Dhillon , Frank Giustra , Serafino Iacono , Peter Marrone , Daniela Cambone , R Tim Henneberry , David Garofalo , Attie Roux , Hernan Martinez , Patrice Fusillo , Neil Woodyer , American Resources Corp , Indigo Exploration Inc , First Vanadium Corp , Caldas Gold Corp , Orefinders Resources Inc , Metal Resources Inc , Aris Gold Corp , Battery Minerals Resources , Gran Colombia Gold Corp , Streetwise Reports , Pike Mountain Minerals Inc , Platinex Inc ,

NG Energy Conducted Study of the Prospective Resources Based on a P50 Level Could Reach 200 BCF in Maria Conchita and Will Re-enter Instanbul-1 Well in February 2021


Company or
NGE ) (TSXV: GASX) (OTC: GASXF) NGE s technical team and external consultants recently finalized a study to evaluate the formations in the Maria Conchita field as a whole. This study is based on the results obtained from the re-entry of Archura-1. The geophysics and petrophysics reinterpretation of the area was focused to determine the resources associated with the different prospective areas that existed and the new areas of the field, with the objective of establishing new locations to be drilled to develop the field and the feasibility of re-entering the existing wells, mainly Istanbul-1, which was drilled in 2018, and Tinka 1, drilled in 1988 and which tested up to 3 MMSCFD. ....

La Guajira , United States , Serafino Iacono , Maria Conchita , Marianella Bernal Parada , Canacol Nelson , Ng Energy International Corp , Source Ng Energy International Corp , Regulation Services Provider , Venture Exchange , Maria Conchita Block , Drill Stem Test , Chief Executive Officer , Pipeline Facilities , International Corp , Oil Amp Energy , Small Cap , லா கூஜிற , ஒன்றுபட்டது மாநிலங்களில் , செராபினோ ஈயக்கோனொ , மரியா கொஞ்சிட , மரியானெல்லா பெர்னல் பராடா , ங் ஆற்றல் சர்வதேச கார்ப் , மூல ங் ஆற்றல் சர்வதேச கார்ப் , ஒழுங்குமுறை சேவைகள் வழங்குநர் , துணிகர பரிமாற்றம் ,

Gran Colombia shares up on drill results at Segovia


Gran Colombia shares up on drill results at Segovia
Gran Colombia produces gold from the Segovia Operations, an area of approximately 9,000 hectares in the Segovia-Remedios mining district of Antioquia. (Image courtesy of Gran Colombia.)
Gran Colombia Gold (TSX: GCM) announced on Monday high-grade intercepts from the latest 71 diamond drill holes, totaling 10,634 meters, at its Segovia operations, located in the Segovia-Remedios mining district of Antioquia, northwestern Colombia.
Drilling highlights include 51.22 g/t Au and 1.9 g/t Ag over 1.91 meters on the Providencia Vein and 63.92 g/t Au and 458.4 g/t Ag over 0.63 meters on the Sandra K Techo Vein.
Sign Up for the Precious Metals Digest ....

Serafino Iacono , Segovia Operations , Executive Chairman , Gran Colombia , செராபினோ ஈயக்கோனொ , செகோவியா செயல்பாடுகள் , நிர்வாகி தலைவர் , கிரான் கொலம்பியா ,