Stock Exchange Announcements

Pasofino Gold Announces Start of Drilling at ‘Bukon Jedeh’, Dugbe Gold Project in Liberia

by Montpellier Montpellier No Comments

oronto, Ontario–(Newsfile Corp. – April 16, 2024) – Pasofino Gold Limited (TSXV: VEIN) (OTCQB: EFRGF) (FSE: N07A) (“Pasofino” or the “Company“) is pleased to announce the arrival of a drilling rig and crews at the Bukon Jedeh ‘gold camp’ at the Company’s Dugbe Gold Project, Liberia. Drilling at the site is expected to commence in the coming days.

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Horizon Minerals: Lithium Exploration Update

by Montpellier Montpellier No Comments

A small first pass, site reconnaissance soil and rock chip sampling program was completed 6-10 November 2023 at the newly acquired Bridgetown-Greenbushes project 250km south of Perth WA. No anomalous lithium was identified in 3 rock chip samples taken. Some encouragement was noted on E70/5981 where a micaceous felsic schist sample (MRP049763) recorded elevated values of 150ppm Be, 227ppm Rb and 128ppm Sn.

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Horizon And Greenstone Merger Announcement

by Montpellier Montpellier No Comments

Horizon Minerals Limited (ASX: HRZ) and Greenstone Resources Limited (ASX: GSR) have agreed to a merger to be conducted by way of schemes of arrangement under the Corporations Act 2001 (Cth), whereby Horizon will acquire 100% of the fully paid ordinary shares in Greenstone (Share Scheme) and 100% of the listed Greenstone options (Options Scheme, and together with the Share Scheme, the Schemes), subject to the satisfaction of various conditions.

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Kyzyltash BIOX Metallurgical Test Results

by Montpellier Montpellier No Comments

Chaarat Gold (AIM: CGH), the AIM-quoted gold mining company with an operating mine in Armenia, and assets at various stages of development in the Kyrgyz Republic, is pleased to announce the completion of the Bio-oxidation (“BIOX”) first phase metallurgical test programme performed by SGS Lakefield on its Kyzyltash gold project. The project has an unconstrained JORC-compliant Measured, Indicated and Inferred sulphide resource of 5.4 million ounces of gold at 3.8 g/t. Management estimate that the project has the potential to produce approximately 300koz per annum of gold subject to the project meeting its feasibility, permitting and development milestones.

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Learn more about Chaarat Gold: chaarat.com

Condor Announces Feasibility Study For La India Open Pit.

by Montpellier Montpellier No Comments

Condor Gold (AIM: CNR; TSX: COG) is pleased to announce the results and details of a Feasibility Study, sometimes referred to as a Bankable Feasibility Study (“2022 FS”) on the La India open pit. The 2022 FS supports a Probable Mineral Reserve of 7.3Mt at 2.56g/t gold for 602,000 oz gold and a mine with an Internal Rate of Return (“IRR”) of 23% and a post tax and post upfront capital cost net present value (“NPV”) of US$86.9 million using a discount rate of 5% and price of US$1,600/oz gold. The 2022 FS brings the level of confidence for the Project to the industry standard of engineering design, sufficient to support +/- 15% capital and operating cost estimates.

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