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If its a scam,
Does that mean that for every 10,000 shares,
we receive about 300 shares or something like that.
The "Parent" Ironwood Gold has 79 million shares outstanding.
The "Company" is due from Ironwood Gold over 3 billion shares.
How does a reverse split of 79 million shares into fewer
shares increase the amount of Parent shares to give to
Company? I don't get it. Do you?
Sorry, i meant to write 100:1
my bet is 1000:1 ratio
had stock on radar....why buy prior to a reverse split?
Funny, you did not mention the acquisition of the shares of
another company and building a resort in Canada. When a dormant
micro penny stock that is transparent with the SEC actually
starts to do something constructive like start an actual business
it usually makes for a strong surge in the company stock price.
We shall see what happens here.
IROG 8k out. plan of reverse split.....
When this one starts it's new story we should have a big runner here IMO
Doubt it new CEO gonna bring something new to the table and w this ss we should see nice run
Held on for the last two years,
maybe two more years.
GL
to all
And anyone that just whacked out should give their heads a shake :)
Load whatever u can from VERT, he cant have more than 3.5M wihtout filing sc13g so he'll be gone quick
IROG .0061 x .0063
Sick chart and ss
IROG .006 falling!!!!!!!!!!!!!!
Yup, looking forward to some updates on this tiny floater
IROG .006 can see copper fast IMO
Won't take much - Isaac Onn has history w/ big runs IMO
IROG .006 going/copper coming here
Finally some company
IROG .0065
in IROG .004 new CEO 34,989,201 O/S
Common stoc k
Authorized: 250,000,000 common shares, par value $0.001
Issued and outstanding:
30 November 2013 – 31,819,336 common shares
31 August 2013 – 31,819,336 common shares
irog has doubled in the last couple days.
feelings it to triple, quadruple etc, etc.
Some info on the property acquired from CMC Inc.
Wonder how long until the promo starts ;)
http://www.canadianmining.ca/projects-gold.php
Hmmm mm looks interesting but quiet here ...
Looks like we can just about kiss irog good by,
be in to the end since investment is about 10Xs worthless now.
No. This was OTC Rock star Newsletters power play of the day
Still doubled in price.
That sure did tank at the end. Thoughts on tomorrow anyone
IROG L-2 Shored up nicely.... this one can lock up quick with volume.
Holding gains well, too
gem
Yep GEM Shares were tight Great SS here.
looks like this went un noticed
gem
Held on, held on, good to see some action.
IROG is getting attension and momentum
Wondering is there still a pulse to IROG,
I can understand the inactivate of gold,
but is IROG still alive and well.
News out this morning by IROG
Please find below today’s news release, May 21, 2013, concerning Ironwood Gold Corp. (OTCBB: IROG) for your review and possible follow-up. Additional information can be reviewed at the Company’s website: www.ironwoodgold.com. If you have any questions or wish additional information, please feel free to contact the undersigned. Thank you for your on-going interest concerning Ironwood Gold Corp. As progress is achieved, you will be informed. (Please Note: There were NO attachments sent along with this email).
Ironwood Gold Signs Agreement to Acquire up to 100% of Prospective Arizona Gold Property
SCOTTSDALE, AZ – (MARKETWIRE – May 21, 2013) -- Ironwood Gold Corp. (OTCQB: IROG) (“Ironwood” or the “Company”) in the execution of its business plan to develop a high quality portfolio of exploration properties containing known deposits of precious metals is pleased to announce that it has signed a definitive agreement with Canadian Mining Company Inc. (“CMC”) to acquire up to 100% of the 101 unpatented mining clams and related state exploration mining permits comprising the “Bullard Pass Property” in Arizona.
The approximately 3,015 acre property is located in west–central Arizona within the Bullard (Pierce) mineral district, in the southern part of Yavapai County . As part of the agreement, the Company has received an N.I. 43-101 compliant technical report (2011) which indicates that previous modern exploration work on the property consisted of geological mapping, geochemical sampling, geophysical surveys, and a number of Reverse Circulation (“RC”) drill holes. Historically, district production totals were 614,000 pounds of copper, 3,600 ounces of gold, and 15,000 ounces of silver from 17,000 tons mined between 1933 and 1956.
The Bullard mining district is located on the southern edge of a metamorphic core complex associated with a tertiary zone of extension present in western and west-central Arizona . Two sequences of rock separated by a detachment fault characterize this tectonic environment. The Bullard detachment fault is an extension of the Buckskin-Rawhide detachment fault where it is suggested that mineralization was zoned from gold outward through copper and other base metals to fluorine, and distal manganese.
Between February 2007 and June 2008 a survey was conducted which included geological mapping and geochemical testing to determine the reliability of previous work. The results of the survey were positive and indicated that mineralization exists within shear zones on the property and that blind and hidden mineralization could be detected. Average samples included examples that presented gold from 2,965 ppb or 2.9 g/t, to 5ppb or 0.005g/t) spaced 50 feet apart on the same unity vein. These results indicate the extreme variability in mineralization encountered along the strike of the small tight veins.
Based on these results, the unpatented claims were staked and the Arizona state mineral rights were acquired. CMC undertook a Phase One soil geochemical survey on a 120 meter (400 foot) grid which covered most of the mineral rights acquired on the property. Numerous anomalous areas were identified, and three of the anomalous areas were selected for a 60 meter (200 foot) Phase two soil sampling program. The results in each of the three 60 meter grid areas were positive with large anomalous areas identified.
It was reported in 1992 that during the 1980s, eight different companies including Freeport McMoran and Cominco outlined several different areas with anomalous gold concentrations using the detachment fault model and geological similarity of the property to the Copperstone gold mine in western Arizona . In 2010 CMC undertook an eight-hole drill program with numerous intercepts offering consistent but varying gold shows across widths ranging from 5 to 40 feet thick. An important result of this program identified that the detachment fault dip appears greater than 15°.
Ironwood CEO, Behzad Shayanfar states: “A Phase two 100-hole drill program has been recommended to fully explore this property in order to locate and potentially define the potential extent of gold mineralization that could be mined by open pit methods. As only four of the anomalous areas were drilled and as it was determined that the main detachment fault is dipping steeper than was initially deduced, a two-fault displacement model was devised to explain the vertical dips. We now know that the major geochemistry anomaly along the trace of the previously defined detachment needs to be drilled closer to the trace of the detachment fault or holes need to be drilled deeper to drill through upper plate rock units. Given that this anomaly extends for more than a mile and is open to the west we are very interested in validating our belief that this could be a high probability target.”
Under the terms of the agreement, Ironwood Gold Corp. acquires an undivided 50% interest option in the Bullard Pass Property through cash and share agreements including exploration expenses as a part of a “First Option Period.” Ironwood could further earn an additional 25% undivided interest in the assets by incurring “Second Option” exploration expenditures and Ironwood may then acquire the remaining 25% (“Third Option Payment”) within two years of the second option through a cash payment or equivalent in Ironwood Gold Corp shares to CMC (subject to a 2% NSR).
30,310,262 shares outstanding on April 23, 2013.
250,000,000 shares authorized.
Someone was just given 4,000,000 shares (13%) for consulting
services.
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Ironwood Gold
Share Sturcture
as of November 30th, 2011:
Authorized Shares:25,000,000 million
Outstanding Shares: 6,199,960 million
Please see Pages 9 and 10 of the January 23, 2012 10 Q:
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8347405
USA Office
7047 East Greenway Parkway,
Suite 250,Scottsdale, AZ, 85254
Email: info@ironwoodgold.com
Investor Relations
Red Oak Communications, Inc.
Tel: 1-888-356-4942
investors@ironwoodgold.com
Auditor
Madsen Brothers & Associates
684 E. Vine St., Suite 3
Salt Lake City, UT 84107-5540
Transfer Agent
Holiday Stock Transfer
2939 N 67th Place, Ste C
Scottsdale, AZ, 85251
Legal Councel
Greenberg Traurig, LLP
1201 K Street, Suite 1100
Sacramento, CA, 95814-3938
Where Ironwood is about to drill 2012:
Falcon Mine Property
...from the January 23rd, 2012 10 Q, Pages 6 and 7:
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8347405
Mineral Properties
Falcon Mine Property
On 2 February 2011, the Company entered into an acquisition agreement (the "Falcon Agreement") for an interest in the prospective gold-silver project known as the Falcon Mine Property with the signing of a 2-year lease agreement which included a 50% earn-in Joint Venture agreement option. The property consists of 6 patented claims and 60-100 newly staked claims that join the patented claims on which the mine is situated.
The Falcon Agreement calls for cash payments of $225,000 by 1 September 2012, issuance of 75,000 shares of common stock by 28 January 2011, issuance of another 75,000 shares of common stock by 30 November 2011, and a minimum of 8 drill holes by 30 November 2012 with 4 holes completed by 30 November 2011. As of 30 November 2011, the Company had paid $75,000, and had issued the initial 75,000 shares of its common stock.
The Significance of being in and surrounded by
the Carlin Trend Gold Belt:
Located in Nevada's Carlin Trend - 2nd richest gold district in the world:
Explanation of the Carlin Unconformity by Wikipedia:
http://en.wikipedia.org/wiki/Carlin_Trend
The Carlin Unconformity or Carlin Trend is a geologic feature in northeastern Nevada which represents a period of erosion or non-deposition likely associated with a collision between a tectonic crustal block called a terrane and the North American Plate. The collision occurred during the Mississippian Period, about 350 million years B.P. The collision is associated with the Antler Orogeny.
The collision induced higher crustal temperatures and pressures which produced numerous hot springs along the suture zone. Several episodes of subsurface magmatism are known to have occurred subsequent to the collision, associated with tectonic forces affecting the entire Basin and Range. During each of these episodes, and particularly during the Eocene epoch, hot springs brought dissolved minerals toward the surface, precipitating them out along fissures. Among these minerals were gold and silver.
The Carlin Gold trend is one of the world's richest gold mining districts. It is a belt of gold deposits, primarily in Paleozoic limy sediments, that is about 5 miles wide and 40 miles long, extending in a north-northwest direction through the town of Carlin, Nevada. Gold was first discovered in the area in the 1870s, but there was very little production until 1909, and only about 22,000 ounces was produced through 1964. By 2008, mines in the Carlin Trend had produced over 70 million ounces of gold, worth around US$85 billion at 2010 prices.
NOTE: It is important to realize that Ironwood's Falcon Mine claims are both 'in-line' with the above mentioned "north-northwest direction" gold deposits from other gold companies (some of largest in the world), and also surounded by these deposits on all sides. See this first Map provided by Wikipedia, then compare it to the next four Maps that Ironwood provides on their webpage. This is of course no guarantee, but of all the regions in the world, in North America, in the United States, lol and even in Nevada - areas like where Ironwood has its claims are where you want to be in as a gold exploration company...:
...more from Ironwood's webpage now about the Carlin Trend and why they are there looking for GOLD:
http://www.ironwoodgold.com/projects/redwood.aspx
"Nevada now produces 82% of all new gold in America. At the heart of the gold productive region in the State is a 2 mile wide by 20 mile long geographic anomaly bisecting north central Nevada laterally as it migrates south-east and is known as the "Carlin Trend." This deposit is home to some of the largest mining companies in the world with over 50 million ounces of gold mined to-date and with an estimated potential to produce 200 million ounces -- more gold than all of California ever produced and production has grown exponentially to where it is today -- the second richest gold district in the world, second only to Witwatersrand, South Africa. This is where Ironwood Gold Corp. has commenced staking new mineral claims, an area generally acknowledged as one of the most prolific gold mineralized regions in the world.
The potential of this strategically situated property can be put into context by realizing that many major companies have worked in the Carlin Trend (Texas Gulf, Homestake, Barrick, Goldfields, Placer Dome and Newmont) (see map) and all have found extensive gold deposits with alteration and major structures similar to that found in the Falcon / Redwood claims. Similarly, initial rock sampling over the claims found numerous rock chip surface samples with anomalous gold concentration.
The Falcon Mine and Redwood Claims properties (Falcon / Redwood) are located in the northern part of the Carlin Trend and indicates similar geology and deep seated structures found in the mineralized zones within the more southern part of the trend. Newmont, Barrick and other companies have located and are mining gold deposits that have at least 1-5 million ounces of gold and some, like the Goldstrike mine (Barrick), had 17million ounces of gold reserves in 2005. Newmont has reserves of over 33 million ounces and is the largest land owner in the trend.
Over 50 million ounces of gold has been mined already and it is estimated that the trend has the potential to produce 200 million ounces. Falcon / Redwood with its geographical, geological and structural setting and indications of gold has the capability to host a similar 1 - 5 million ounce deposit with the potential of greater than 5 million ounces. This is exemplified by the Jerritt Canyon gold deposit (10-25 million ounces) owned by Yukon Nevada Gold due east of the Falcon / Redwood property and the Anglo Gold Property (2-5 million ounces) located just to the north of Jerritt Canyon.
Carlin type gold deposits are among the most important being mined at present anywhere in the world. Total production from the Carlin Trend, since the original mine began operation in 1964, has now exceeded 50 million troy ounces and there appears to be no end in sight. Many of the gold deposits found in the Carlin Trend fall in the range of 1 to 5 million ounces of gold and several exceed 10 million ounces of gold. Newmont has reserves of 33.3 million ounces. Barrick Gold Corp, as of 2005, had gold reserves of over 17 million ounces at their Goldstrike Mine alone. Clearly, these deposits are worthwhile and attractive targets.
Mr. Behzad Shayanfar | CEO
He began as a civil engineer overseeing major construction projects in Iran. Was a team member tasked with the network strategy design for a multimillion-dollar oil exploration project in southern Iran. Became a lead project manager assisting in design and build of the national broadcasting center. He earned a second degree from the London School of Economics and became a highly successful commodities futures trader. He moved into private investor/developer real estate opportunities in Dubai, India, the U.K. and the U.S. then determined to apply his business and financial acumen to the resource sector.
New this year - February, 2012:
Snowden Preliminary Assesment of the
Falcon Mine Property:
"Results from the surface mapping, sampling and geophysical program indicate a number of signifcant mineralisation targets that warrant a follow up exploration drilling program. The exploration work completed to-date suggests that the Falcon mine property may contain 3 types of economic mineralization and Snowden strongly recommends that the proposed models be tested with a next phase of exploration drilling. The proposed 18 hole, 6,000 m drill program has an estimated cost of $4.2 million..."
http://www.ironwoodgold.com/projects/images-redwood/pdf/Snowden-Final-Report.pdf
...and here's the Press Release on the release of the Snowden Report by Ironwood...notice that it says that work will begin once the weather permits...and soon it will be Spring:
"Ironwood Gold Corp. (OTCBB: IROG) ("Ironwood" or the "Company") wishes to advise of plans to proceed with an 18-hole, 6000 meter drilling program after receiving a favorable assessment from Snowden Mining Industry Consultants Inc. ("Snowden"). The Company is pleased to announce that Snowden successfully completed its 2011 fieldwork and geophysical surveys enabling the completion and delivery of an in-depth Preliminary Assessment on the company's Falcon Mine gold prospect.
Based on the results from surface mapping, sampling and a geophysical program, Snowden has identified a number of significant mineralization targets that are recommended as warranting a follow up exploration drilling program. Snowden strongly recommends that the proposed models be tested with a next phase of exploration drilling. The exploration work completed to-date suggests that the Falcon mine property has potential to host three types of economic mineralization. These are:
1. Shallow volcanic hosted, low sulphidation, low grade mineralization (open pit).
2. Deeper, volcanic hosted, Midas-type, low sulphidation high grade mineralization (underground).
3. Deeper, sediment hosted, Meikle-type high grade mineralization (underground).
Murray Lytle, P.Eng Divisional Manager of Snowden Mining Industry Consultants, stated, "Snowden commenced the Falcon mine exploration project to find indicators for Carlin-type mineralization. The geophysical and sampling efforts undertaken have resulted in very strong, coincident anomalies (geophysics, soil analysis and rock chip sampling), which support models for three different mineralization styles including potential for sediment-hosted gold mineralization. The highly anomalous soil sampling grades were particularly encouraging. Snowden has identified 18 drill-hole targets and strongly recommend a next phase of exploration to test the subsurface mineralization of the coincident anomalies and is optimistic about the potential for exploration success."
Ironwood is in the process of appointing a drilling contractor in conjunction with Snowden as consultants. We plan to commence drilling once favorable weather conditions persist.
Ironwood's CEO, Bezhad Shayanfar, states, "We are delighted with the results from our efforts on the ground. Furthermore we are actively engaging a number of resource-focused potential investors with the view to fund both the current exploration program at the Falcon Mine and potential future acquisitions."
The Falcon Mine property is located in an area bordered by claims held by major global mining operators at the northern end of the Carlin Trend gold belt, the most prolific gold producing area in the USA and the 2nd most productive gold region in the world. A copy of the report and a detailed description of the property is available here: http://www.ironwoodgold.com/projects/redwood.aspx.
Additional details regarding the Company and its agreements are filed as part of the Company's continuous public disclosure as a reporting issuer under the Securities Exchange Act of 1934 filed with the Securities and Exchange Commission's ("SEC") EDGAR database. For more information visit: www.ironwoodgold.com.
http://ih.advfn.com/p.php?pid=nmona&article=51291149
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