Mercer Gold Corporation is a junior exploration company advancing a prospective gold project in Colombia, South America. The Company is focused on a single project in the Marmato Mining district in a well established gold producing region.
Colombia has produced an estimated 85 million ounces of gold since the Spanish conquest in 1514. There is no reliable estimate of the gold produced prior to, and during the Spanish conquest. In 1937, Emmons estimated production at over 49 million ounces of gold during the post conquest period from 1514 to 1937, making Colombia the largest producer in South America during that time frame.
In recent times, Colombia has emerged as major producer of gold and a new mineral production projects. Recent production has earned Colombia a ranking which has ranged from second to fifth largest gold producer in South America, and 12th to 20th largest in the world (Ministerio de Minas y Energia, Colombia, 1999-2006). Mercer Gold Corporation is a leader on the forefront of Columbian Gold Exploration.
In guiding its efforts, Mercer Gold Mining has enlisted veteran management working with highly skilled technical staff and consultants, including a strong in-country staff and support.
Mercer Gold Corporation, entered into an Option Agreement with Comunidad Minerea Guayabales on March 4, 2010 to acquire a 100% interest in the Guayabales property. Mercer Gold subsequently entered into an Option Agreement with Uranium International (now renamed Mercer Gold Corporation) to acquire its 100% interest in Guayabales subject to the terms of the Underlying Option Agreement on April 13, 2010.
Mercer Gold Corp. has recently completed a NI43-101 Techical Report on the Guayabales Prospect and is now preparing for a work program on the property.