Cangold Limited
Mining-
December, 03Cangold Exercises Option for 100% of Plomo Project
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October, 30Cangold Discovers Four New Gold Zones at Plomo
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September, 11Cangold Terminates Option on Ixhuatan Gold-Silver Project
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June, 11Cangold Advances Metallurgical Program to Pre-Feasibility Level for Ixhuatan Gold-Silver Project
Cangold Exercises Option for 100% of Plomo Project
Cangold (OTC: CGLJF; TSX-V: CLD) has formally exercised its option for a 100% interest on the 4,279 hectare Plomo gold project in northern Sonora, Mexico. Pursuant to the terms of the option
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Cangold Discovers Four New Gold Zones at Plomo
Cangold (OTC Other: CGLJF; TSX-V: CLD) completed additional geological mapping and detailed surface rock samplingon the Plomo gold project inSonora, Mexicoto locate and delineate
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Cangold Terminates Option on Ixhuatan Gold-Silver Project
Cangold (OTCOther:CGLJF; TSX-V:CLD) has terminated its option agreement with Brigus Gold on the Ixhuatan Gold Project in Chiapas, Mexico.
The Company was given a prepared
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Cangold Advances Metallurgical Program to Pre-Feasibility Level for Ixhuatan Gold-Silver Project
Cangold Limited (OTC Other: CGLJF; TSX-V: CLD) has advanced metallurgical testing for the Ixhuatan Gold-Silver Project in Chiapas, Mexico to a pre-feasibility level. Phase 1 testing included a
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location
333 Seymour Street, Suite 800
Vancouver, British Columbia Canada V6B 5A6 -
- Phone:
- 604-638-8967
- Web:
- http://www.cangold.ca
- Symbol:
- OTC: CGLJF & TSX-V: CLD
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Cangold Limited is a junior exploration company engaged in the exploration and development of gold projects in Mexico and Canada. The option to acquire a majority stake in the Ixhuatan Project for the development of the Campamento Deposit is in furtherance of the Company's strategy to build a profitable gold producer. The Campamento deposit contains a Canadian National Instrument ("NI") 43-101 compliant resource estimate of 1,041,000 ounces of gold and 4,400,000 ounces of silver within 17.6 million tonnes at an average gold grade of 1.84g/t and average silver grade of 7.79g/t in the Measured and Indicated categories. In addition, there are Inferred Resources of 703,000 ounces of gold and 2,260,000 ounces of silver within 21.8 million tonnes at average grades of 1.01g/t gold and 3.23g/t silver, all using a 0.50g/t gold cut-off. Cangold has completed an updated NI 43-101 report on the project, and upon signing the Agreement, paid Brigus CDN $1 million and issued Brigus 6 million
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