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Ref: RageCage
Post # 1799
If you think your shares are worthless then put it up for sale, someone will buy it and you can go ahead to have tax write off.
On June 8, 2018 http://www.investorx.ca/search?FreeSearch=San+Gold+Corporation
« ...On December 22, 2014, San Gold Corporation filed a Notice of Intention to Make a Proposal under Part III, Division I of the Bankruptcy and Insolvency Act (Canada). MNP Ltd. has been appointed as the proposal trustee in San Gold’s proposal proceedings. San Gold is an established Canadian gold producer, explorer, and developer that owns and operates mines in Manitoba. On June 19, 2015, the Court ordered the name of San Gold Corporation be amended to "5813906 Manitoba Ltd. formerly San Gold Corporation". On June 23, 2015, 5813906 Manitoba Ltd. formerly San Gold Corporation, was deemed to have made an assignment in bankruptcy as it was unable to make a proposal to its creditors. MNP Ltd. has been appointed as the bankruptcy trustee.... »
http://mnpdebt.ca/en/corporate/engagements/san-gold-corporation
RE:RE:The future is bright here
How is the future bright here? For San Gold?
I thought San Gold had disposed of all of its golden assets like the Rice Lake Mine in Manitoba and the Timmins-Larder-Kirkland: Properties via SGX...?
Is not San Gold just a shell company? Might these shares ever POP?
http://static.gowebcasting.com/documents/files/events/event_00001749_700irNH6.pdf
http://www.sagegoldinc.com/
http://kerrmines.com/
Rice Lake Mine seems to be owned by https://www.klondexmines.com/
????
Read more at http://www.stockhouse.com/companies/bullboard/t.sgr/san-gold-corporation?postid=27928667#xWjCJhQ67xeJmpBm.99
San Gold shareholders are looking at zeros https://www.juniorminingnetwork.com/junior-miner-news/press-releases/351-tsx/kdx/34686-klondex-mines-intercepts-5-78-opt-au-over-3-7-ft-at-true-north-mine.html
Disgusting imho
Klondex will walk away with million$
The Sec will probably delist it from all exchanges and thus or a similar entity...
Interesting how this http://www.newswire.ca/news-releases/sgx-resources-inc-announces-annual-and-special-meeting-voting-results-and-appointment-of-officers-610440705.html
IS still ALIVE!
When will this officially be declared worthless? Yes I actually have a small position from years ago and just want to dump it to take the loss. Looks like I am in zombieland here. Anybody know anything at all on what is going on? I guess I could file in my taxes and try to justify it as worthless but want to find out anything I can first. Thanks!
http://www.klondexmines.com/investors/news/klondex-announces-new-discovery-at-true-north-jan
http://www.klondexmines.com/assets/pdf/Figure-1.pdf
http://mnpdebt.ca/en/corporate/engagements/san-gold-corporation
http://mnpdebt.ca/Style%20Library/MNP/files/media/documents/San%20Gold%20Corporation/Eighth-Report-NOI-First-Report-Bankruptcy-March-7-2016.pdf
https://www.sec.gov/answers/bankrup.htm
http://www.newswire.ca/news-releases/san-gold-announces-sale-of-assets-to-secured-creditors-517972671.html
Secured sale, a Chapter 11 or a Bancruptcy...? Hmmmm Frustrating for San Gold or SGRCF shareholders !
Rice Lake Gold Mine Manitoba http://www.klondexmines.com/assets/pdf/Figure-3.pdf
http://www.klondexmines.com/assets/pdf/Table-1.pdf
Price Change Change Percent Stock Price High Price Low Price Open Price Close Price
0.0009 .........................900.0% 0.001 0.001 0.0001 0.0001 0.0001
Stock Trades Traded Volume VWAP Dollar Volume Average Volume 52 Week Range
3 ----------------- 29,600 $ 0.00 $ 21.4008
A 900% pop, is this just a cruel holiday joke?
Just holding these shares should = 0 in the not too distant future... IMHO http://www.otcmarkets.com/stock/SGRCF/quote
Until they hit zero one never know$...
Are you buying and selling them now?
Looking at the chart, they had a spike to 1 cent a few months ago, after being declared bankrupt.
Sprott Asset Management LP 44,331,100(-1.23%) 11.87
Forbes J M & Co 454,500(0.00%)
http://www.msn.com/en-us/money/stockdetails/ownership/fi-22.1.SGRCF.PINX?ownershipType=institutional
http://www.sprott.com/products/sprott-gold-precious-minerals-fund/
Sprott would have lost millions... When Klondex acquired the Rice Lake Gold mine etc... For ONLY... $32 million... REALLY?
http://www.ctvnews.ca/business/klondex-buys-idled-rice-lake-gold-mine-for-us-32m-1.2704002
http://www.klondexmines.com/operations/true-north/overview
Who knows why these shares are still trading?
http://www.winnipegfreepress.com/business/bissett-gold-mine-reopens-200-hired-393931301.html
Ray these shares should detiorate to zero soon
We have not seen the fine print on the liquidation or bancruptcy of San Gold so...
What deal if any did Greg Gibson do with Klondex...
Klondex did not pay much for the Rice Lake Gold Mine in Manitoba... Hmmm?
If we own NO percentage of TrueNorth these shares are worthless imho
http://www.klondexmines.com/investors/news/klondex-provides-exploration-update-at-true-north-now-expects-production-decision-in-third-quarter
http://www.klondexmines.com/assets/docs/nr/2016-06-29_ls-se8esw.pdf
https://www.sec.gov
https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001404811&owner=include&count=40&hidefilings=0
This is an impressive presentation...
http://www.klondexmines.com/assets/docs/kdx-q2-2016-presentation.pdf
Why is this stock still trading? There is no web site for the company. What are the possibilities of owning this stock? Negative and Positive?
Well, they got rid of the debt but
future tax deduction for some one more
fortunate and need the tax deductions?" -
sometime some hidden hard assets may -
be found in an old corporation -
it be like a shelf company in a law
office to some one needs it to run it -
with new exploration projects etc. -
often discovered in next bull wave
for precious metal mining and its a
new long term bull wave started -
will be strong for next 10yrs. -
imo.
- God Bless -
Ps.
many exploration and mining companies have -
lots of tax deductions on the books -
but it will be a turn around behind -
the corner /^ vs. dd. Au assets ex.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=124558884
NYBob, is there any hope in .... that these San Gold SGRCF shares may come back to life?
Your thoughts or opinion would be greatly appreciated...
Cheers,
GPB
PS I know most Grey Market stocks almost NEVER recover so... Could this be an exception to the rule?
http://www.newswire.ca/news-releases/san-gold-announces-sale-of-assets-to-secured-creditors-517972671.html
http://mnpdebt.ca/en/corporate-insolvency/corporate-engagements/pages/details.aspx?title=san-gold-corporation
http://seekingalpha.com/article/3999251-klondex-mines-following-q2-results
http://mnpdebt.ca/style%20library/mnp/files/media/documents/san%20gold%20corporation/san%20gold%20corporation%20-%20bankruptcy%20notice%20to%20creditors.pdf
"...Klondex Mines of Vancouver has been busy drilling the True North gold mine and plans to make a reopening decision in Q3 2016.
Klondex has received assays for the first 30 underground drill holes totaling 4,050 metres. Highlights include:
1 g/t over 7.2 metres including 160 g/t over 5.1 metres;
0 g/t over 1.1 metre;
3 g/t over 0.9 metre;
4 g/t over 0.9 metres;
7 g/t over 2.0 metres;
4 g/t over 3.1 metres;
6 g/t over 2.7 metres
7 g/t over 17.1 metres;
and 6.9 g/t over 3.6 metres including 20.9 g/t over 0.9 metre.
Klondex purchased the fully permitted Rice Lake gold complex near Bissett in December 2015 and renamed it the True North project. Operating as the Rice Lake complex the mine produced 390,000 oz of gold from 2007 to 2015, when the former owner declared bankruptcy.
Both the mine and plant are in excellent condition, ready to reopen...."
http://www.canadianminingjournal.com/news/gold-klondex-drilling-at-true-north-production-decision-soon/
Why are these San Gold shares still trading?
Are they going to become True North Gold shares in 2017?
Hmmm?
"...The Rice Lake Mine was formerly known as the San Antonio Mine or Bissett Mine and was earlier in production for one period lasting 36 years, during which 1.35 million ounces of gold was produced, and a second period lasting two years, during which 210,000 ounces of gold was produced. The Rice Lake Mine resumed operations under San Gold Corporation during 2006. Its A-shaft penetrates 4,050 feet below ground and connects via a 5,000-foot crosscut to D-shaft and a spiral ramp, which penetrate another 900 feet and 760 feet of depth respectively.
The Mine is situated within the Rice Lake greenstone belt at the western end of the Archean Uchi Volcanic-Plutonic Subprovince, which stretches from Lake Winnipeg to James Bay and also contains the prolific Red Lake and Pickle Lake gold producing belts. The bedrock in the area of the Mine consists of the Bidou Lake Subgroup, which is made up of felsic to intermediate volcanic flows and dacitic crystal tuffs and breccias overlain by carbonate-sericite schist. The sequence is intruded by diabase sills and dykes, and porphyritic felsic dykes. The Bidou Lake Subgroup is unconformably overlain by feldspathic sandstone of the San Antonio Formation. Mineralization at the Mine is confined to a layered, sill-like gabbroic unit which intrudes the Townsite Unit of the Bidou Lake Subgroup and is known as the San Antonio Mine Unit. At San Gold #1 gold mineralization is confined to a sericite schist and quartz-carbonate unit which forms part of the volcanic stratigraphy of the Bidou Lake Subgroup...."
http://www.cbr.ca/CompanyProfile.aspx?CompanyID=23993
I concur! EOM Cheers, GPB
Jerritt Canyon CEO booked at Elko jail over speeding ticket
MARIANNE KOBAK McKOWN mkobak@elkodaily.com Jun 8, 2016 4
- goldenpolarbear thank you -
RE: Jun 8, 2016 - ELKO – Jerritt Canyon President and CEO Greg Gibson spent a little time in the Elko County Jail ...
elkodaily.com/mining/jerritt-canyon-ceo-booked-at-elko-jail-over-speeding-ticket/article_39db97ab-5cc9-54e1-ba56-fd6b73b33608.html
I hope Greg Gibson is not detained for too long. I wonder if he will be able to be present at the Kerr Mines AGM and special meeting on June 30th on Bay Street in Toronto....?
Time to hire a great lawyer and do his best to...
Cheers,
Golden-Polar-Bear -
Its a Q. if he is Canadian or US citizen? or have dual? - -
If Canadian, he may get difficulties to enter US again? -
its often up to the border guard, if he see him as a risk
or not? -
sometime it can be a 5yrs ban - ? -
and its up to him to fight it in court? -
its an if Q. and we have to wait and see?
- God Bless -
Jun 8, 2016 - ELKO – Jerritt Canyon President and CEO Greg Gibson spent a little time in the Elko County Jail ...
http://elkodaily.com/mining/jerritt-canyon-ceo-booked-at-elko-jail-over-speeding-ticket/article_39db97ab-5cc9-54e1-ba56-fd6b73b33608.html
I hope Greg Gibson is not detained for too long. I wonder if he will be able to be present at the Kerr Mines AGM and special meeting on June 30th on Bay Street in Toronto....?
Time to hire a great lawyer and do his best to...
Cheers,
Golden-Polar-Bear
"...Klondex Mines Ltd. released an update on the company's exploration and project development activities at its True North Gold mine, which was formerly known as the Rice Lake mine, in Manitoba, Canada. The company acquired the Canadian asset in January 2016...."
https://www.streetwisereports.com/pub/na/17018?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+TheGoldReport-StreetwiseExclusiveFullArticles+%28The+Gold+Report+-+Streetwise+Exclusive+Articles+Full+Text%29
http://www.klondexmines.com/assets/docs/kdx_agm_june_1_-2016.pdf
How is Greg Gibson....? Hmmm?
What exactly was the Rice Lake massive mining complex provided for ? Just pennies on the dollar... To Klondex?
"....PAUL ANDRE HUET
President, CEO and Director
Paul Andre Huet
Mr. Huet brings 28 years of experience in high-grade mining, with particular expertise in narrow vein gold mining and has supervised Mine Operations, Mine Engineering, Geology and Mine Safety in Nevada. Mr. Huet comes to Klondex from Premier Gold Mines Limited, where he served as Chief Operating Officer and oversaw its gold projects. Mr. Huet also served as General Manager at the Hollister mine for five years and was Mine Manager at Klondex’s Midas Mine, while operating under Newmont and Franco-Nevada ownership, serving in several roles during his seven-year tenure. ...."
Looks like Paul worked for Great Basin Gold at the Hollister mine... Hmmm?
http://www.marketwired.com/press-release/great-basin-gold-completes-appointment-senior-management-its-hollister-burnstone-operations-tsx-gbg-744647.htm
http://investorshub.advfn.com/Great-Basin-Gold-GBGLF-1750/
"...Basin Gold Completes the Appointment of Senior Management for Its Hollister and Burnstone Operations
VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 21, 2007) - Great Basin Gold Ltd. (TSX:GBG)(AMEX:GBN)(JSE:GBGOLD) announces appointments of a number of senior staff members at its Hollister and Burnstone mining projects, in line with the Company's strategy to appoint and develop strong, focused management teams at its operations.
For the Company's Hollister project in Nevada USA, Rich Appling will be joining as the Project Manager, Paul Huet as Mining Manager, Brian Morris as Chief Geologist, Steve Konieczki as Chief Engineer and Paul Wheelright as Financial Manager...."
"...Why gold may hit $1,500 by year’s end—and it’s not just about Brexit
Gold’s impressive rally Friday offered a taste of what may be in store for the precious metal, as some analysts say it’s just a matter of time before prices top $1,500 or even $1,900 an ounce.
Futures prices for the metal GCQ6, +0.53% soared by as much as $100 an ounce on an intraday basis Friday as the United Kingdom’s historic vote to leave the European Union sent investors scrambling for a safer place to park their money...."
"...BRITAIN votes for Brexit in EU referendum..."
In a crushing blow to David Cameron, Leave campaign will win.
By PAUL DALLISON 6/24/16, 5:44 AM CET Updated 6/24/16, 6:07 AM CET
The United Kingdom voted to leave the European Union in a referendum Thursday.
By 5:45 a.m Friday, all of Britain’s major broadcasters had called it for Leave as it became clear that the Remain camp could no longer secure enough votes to win. The forecast with most of the results in is for 52 percent Leave and 48 percent Remain.
Asian equities slump as copper drops; sovereign bonds rally
Futures PLUNGE
Global markets buckled, with stocks plunging from Tokyo to London and Chicago, after results from Britain’s referendum on membership of the European Union put the "Leave" campaign ahead. The pound fell the most on record, while haven assets jumped.
Sterling tumbled as much as 9.5 percent, the euro slid by the most since it was introduced in 1999 and the yen surged to its strongest level since 2013. South Africa’s rand led losses among the currencies of commodity-exporting nations, sliding more than 5 percent as oil sank below $48 a barrel and industrial metals slumped.
Gold soared with U.S. Treasuries as investors piled into haven assets. Futures on the FTSE 100 Index plunged with S&P 500 Index contracts as benchmark stock gauges slid across Asia.
http://www.bloomberg.com/news/articles/2016-06-23/pound-surge-builds-as-polls-show-u-k-to-remain-in-eu-yen-slips
Oil prices slump, gold rallies amid uncertainty over Brexit vote
Huileng Tan | @huileng_tan
23 Mins Ago
CNBC.com
Gold Prices Slide Ahead of ‘Brexit’ Vote
Precious metal down fourth day in a row
By STEPHANIE YANG
Updated June 22, 2016 2:56 p.m. ET
Gold prices slid Wednesday for the fourth session in a row, a day before Britain’s contentious referendum over its European Union membership.
Gold for August delivery settled down 0.2% at $1,270.00 a troy ounce on the Comex division of the New York Mercantile Exchange, marking its fourth consecutive day of losses and hitting a two-week low..."
Klondex expects True North development decision in Q3
15TH JUNE 2016 BY: HENRY LAZENBY CREAMER -MEDIA DEPUTY EDITOR
(miningweekly.com) – Junior gold producer Klondex Mines expects to make a development decision on its recently acquired True North gold mine, formally known as the Rice Lake mine, in Manitoba, following a mineral resource update expected in the third quarter. The TSX-listed miner advised that it expected to recover between 8 000 oz and 12 000 oz of gold from the project this year as it conducted test stope mining and a tailings reprocessing project that had already started.
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SAN GOLD CORPORATION (SGRCF:OTC)
San Gold Corporation’s 100% owned Rice Lake Mining Complex is located in Bissett, approximately 235 km northeast of Winnipeg, Manitoba, Canada.
The site has a permitted, modern gold mill currently processing ore at a capacity of 2,500 tons per day,
modern surface infrastructure including a licensed tailings management facility, and is connected to the Manitoba power grid system.
San Gold Corporate Presentation
(3384 KB)
San Gold Presentation @ the Denver Gold Show -
Go to the 10:35 presentation -
http://www.gowebcasting.com/conferences/2010/09/20/denver-gold-forum
V.SGR Detailed Quote -
http://www.investorshub.com/boards/quotes.asp?ticker=v.sgr
San Gold Powerpoint Presentation - May 22, 2007
http://sangoldcorp.com/index.php?id=67
SAN Gold 2007 - She is a Beauty -
Glittering Future - Rice Lake Gold Mines Reopens -
watch the video...
http://www.smartstox.com/interviews/sgr.php
http://winnipegsun.com/Business/2006/08/24/1772619-sun.html
San Gold is looking to produce a minimum
of 100,000 ounces in 2008 -
www.ivarkreuger.com/metalcharts.htm
The Rice Lake -
Greenstone Belt is geologically similar to
The Red Lake Camp -
one of Canada's richest and most extensive Gold deposits -
Mill, Office and No. 3 shaft,
San Antonio Gold Mine, Rice Lake, Manitoba. 1
San Gold holds a key stake in the Rice Lake Greenstone Belt,
and is well-positioned to explore and develop the Gold -
resources in the region.
It controls 15 km of mine horizon, containing -
The Bissett Gold Mine -
and 3 deposits (SG #1, 2,and 3).
In addition, it holds 7000 hectares of exploration property
in the Belt, and has the ability to expand its holdings.
The Rice Lake Greenstone Belt is geologically similar to
the Red Lake Camp, one of Canada's richest and most
extensive Gold deposits.
The Bissett Gold Mine -
is located approximately 100 km west of Red Lake on the Western Uchi sub-province.
It includes a fully-permitted 1,250 tonne per day mine, mill
and infrastructure, and is the only operational facility -
in the Belt.
The San Antonio Gold Mine region
Mill, Office and No. 3 shaft,
San Antonio Gold Mine, Rice Lake, Manitoba.
Mill, Office and No. 3 shaft,
San Antonio Gold Mine, Rice Lake, Manitoba. 1
San Antonio Mine, Rice Lake District, 1929.
San Antonio Mine, Rice Lake District, 1929. 2
San Antonio Mine, Bissett.
San Antonio Mine, Bissett. 3
God's Lake gold mine. Mine buildings and settlement.
God's Lake, Manitoba.
God Bless
Gov. Debt - MOAB - Mother Of All Fiat Bubbles -
http://monetaadvisors.com/?p=67
Gold has replaced every fiat currency for the past 3000 years -
http://www.kwaves.com/fiat.htm
http://www.canadiancontent.net/commtr/fiat-currency-fall-dollar_958.html
Red Lake Complex -
Following the discovery of a high grade ore zone and subsequent
expansion of mine facilities, the Red Lake Complex was
revitalized and achieved full production on January 1, 2001.
Mining is carried out using underground cut and fill
techniques allowing maximum ore extraction and minimal
dilution.
The high-grade, narrow vein system is being mined at the rate
of 577,272 kilograms (635 tonnes) per day with an average
grade of over 68 grams/ tonne (two ounces per ton).
The high-grade mineralization and complex geometry of the ore
body require operating under unique circumstances.
Various mining cut and fill methods are currently in use.
The implementation of innovative mining techniques, as well as
improvements and refinements to other areas of the operation,
has been key to the success of the Red Lake Complex in the
last four years.
Goldcorp has implemented the use of new Virtual Reality (VR)
technology for mine design and planning purposes, and has
recently built a state-of-the-art VR studio on site.
Goldcorp is also spending C$196 million on a new 1,924 metres
(6,312 ft.) deep shaft currently under construction.
The new shaft to be ready in 2007, will increase hoisting
capacity, reduce time to access the workplaces, and provide
significant cost savings.
The Bissett Gold Mines - San Antonio Mine -
The Rice Lake Complex -
The Gold Mine (historically known as the San Antonio mine)
operated continuously from 1932 to 1968 and
produced 1.36 million ounces of Gold from 4,876,000 tons.
Limited underground exploration and development took place
until 1996 when Rea Gold began an extensive construction and
development program.
In addition to the above-mentioned infrastructure, Rea Gold
deepened "A" shaft to 4,200 feet, eliminating the need for two
out of three internal winzes.
"A" shaft is now directly linked with "D" winze,
where Harmony Canada's production originated and
the bulk of the resources lie.
Harmony Canada completed construction and produced 110,000
ounces before placing the property on care and maintenance in
2001, due to the gold price and the mine's declining
significance in the wake of Harmony's remarkable growth.
Total capital expenditures to date since 1994 are over
$120-million -
Stanlie Hunt Interviews Dale Ginn, President,
and Rick Boulay, CFO, of -
(SGR-TSX.V) San Gold Corporation has a strong gold resource
base with excellent exploration potential in Manitoba's
Rice Lake Greenstone Belt.
The company holds 7000 hectares of exploration property
in the Belt which is geologically similar to the nearby
Red Lake Camp, one of Canada's richest and most
extensive gold deposits.
They have great infrastructure in place and actual
gold production is just underway at
their 1250 ton/day mill.
SAN GOLD MINE TOUR - APRIL 19th -
http://www.investorshub.com/boards/read_msg.asp?message_id=19004189
By NorthLion
San Gold is looking to produce a minimum
of 100,000 ounces in 2008 -
http://www.smartstox.com/interviews/sgr.php
Filmed at the World Gold, PGM and Diamond Investment Conference, held in Vancouver, June, 2006
What if you invest in San Gold and it become a LION -
ex. in 1975?..
take a look at the past gains in a few juniors:
$GOLD INDX Chart TA TI P&F Alert Bullish Price Objective $1,770.0 / oz
SAN GOLD CORPORATION COMMUNITY VIDEO
http://www.youtube.com/watch?v=-V83W2u-sFw&feature=related
San Gold Corp. Hinge 20090519
http://www.youtube.com/watch?v=E1Bktw3_ePc
Sangold
http://www.youtube.com/watch?v=Sy5gYj8esr4&feature=related
Get out of SLV and GLD & fiat paper...buy SGR Gold miner's LT Canada Au safety...
the banks nss derivatives gonna hit the fan soon -
http://maxkeiser.com/2010/10/01/warning-the-bullion-banks-are-losing-control-of-silver-gold/
Gold has replaced every fiat currency -
for the past 3000 years -
http://www.kwaves.com/fiat.htm
Fort Knox Gold? -
http://www.apfn.net/Doc-100_bankruptcy10.htm
San Gold could ramp up to produce as much as 200 000 ounce per year -
from its Manitoba operations, CEO Dale Ginn said in a presentation -
TORONTO (miningweekly.com) -
Canadian gold junior San Gold could rampup to produce as much as 200 000 oz/y from its Manitoba operations, CEODale Ginn said in a presentation on Monday.
Sanhas made a number of high-grade gold discoveries around the old RiceLake mine
and has already put one of them, called Hinge, intoproduction.
The company has made seven discoveries over five years, all of which are within two or
three kilometres of its mill, Ginn said.
The firm continues to explore and expand on the discoveries, and is optimistic that the deposits can be
extended to to depth.
SanGold expects to produce about 60 000 oz to 70 000 oz of gold this year,
mostly from development work, but
will increase output to some 120 000oz in 2011 when it starts production
from the 007 deposit.
The Rice Lake -
Greenstone Belt is geologically similar to
The Red Lake Camp -
one of Canada's richest and most extensive Gold deposits -
$98 million in cash and no debt
300 million shares outstanding
2009 Production – 25,000 oz of gold
2010 Production – 50,000+ oz of gold
2011 Production could increase substantially as Rice Lake Upper,Lower, Hinge and 007 are mined.
Hinge and 007 adds significant ouncesand reduces cost per ounce via grade.
A potential fourth zone getsadded in 2011(L13 or Cohiba).
San Gold also plans to increase the mill capacity from 1250 to 1800 tpd in 2011
as more of the ore bodies are mined.
San Gold is a company that could be sitting on a lot ofgold.
SGR think they have discovered the formula to finding exactlywhere this gold is located,
and so far they have proven this formula iscorrect with all the recent gold zone discoveries.
007 is a very highgrade zone, and it should drastically reduce San Gold’s cash cost
oncethat ore is fed through the mill.
To buy SGR shares at these levels to me is -
- to trade peanuts-fiat for the great barter -
- got the real Au bargain
- The REAL Au MONEY - ~<
- Au&Ag the only legal tender in USA-
The Bissett Rice Lake Gold Mine -
and 3 deposits (SG #1, 2,and 3).
In addition, it holds 7000 hectares of exploration property
in the Belt, and has the ability to expand its holdings.
The Rice Lake Greenstone Belt is geologically similar to
the Red Lake Camp, one of Canada's richest and most
extensive Gold deposits.
http://www.sangoldcorp.com/
The San Gold Mine -
historically known as -
The San Antonio Gold Mine -
operated continuously from 1932 to 1968
and produced 1.36 million ounces of Gold
from 4,876,000 tons.
Limited underground exploration and development took place
until 1996 when Rea Gold began an extensive construction
and development program with the intent of operating at
1,000 tons per day.
The mineralized veins form 3 groups or sets, oriented -
in three different attitudes, and developed in shear -
and fracture zones which cut the sill -
in all, 132 separate veins were worked.
In 1961, a mass of native Gold weighing 211 oz.
was discovered -
The Gold/Silver ratio in the mine averaged 6:1 -
The mill was formerly famous for its high recovery -
about 98% Au from heads assaying about 0.288 oz./ton.
In addition to the above-mentioned infrastructure,
Rea Gold deepened "A" shaft to 4,200 feet, eliminating
the need for two out of three internal winzes.
"A" shaft is now directly linked with "D" winze,
where Harmony Canada's production originated and the bulk
of the remaining resources lie.
Harmony Canada acquired the property in 1998.
Harmony Canada completed construction and produced
110,000 ounces before placing the property on care and
maintenance in 2001, due to the gold price and the mine's
declining significance in the wake of Harmony's
remarkable growth -
Total capital expenditures to date since 1994
are more than $120-million -
Rice Lake Mine photos - May 24, 2007 (see movie shorts below)
93 vein on 28 level (4,500 ft deep).
Massive 93 vein blow-out on 29 level (4750ft deep)
Two-Boom Jumbo at bottom of Rice Lake mine ramp (5400 ft deep or 1.9 Kms deep)
Jumbo heading into newly discovered 96 vein at bottom of Rice Lake ramp (5400 ft deep or 1.9 Kms deep). See close-up below.
Close-up or the massive stockwork of the newly discovered 96 vein the deepest (so far) part of the Rice Lake mine ramp. (See Press Release)
Large ball mill, with grinding media (steel balls) in barrel.
Clean-up tray ready for the furnace. Brown and grey particles are mainly iron shards that may contain gold. They are melted along with the gold recovered in the gravity circuit.
Movie Shorts (You may need to download a Quicktime or other plug-in. Use the back arrow to return to this page)
Ore feed from crushing plant
Ore enters the primary ball mill
Feed end of primary ball mill
Long view of primary ball mill
Milled ore exits primary ball mill
Regrind mill
Banks of flotation cells
Close-up of a flotation cell
Top view of a leach tank
http://sangoldcorp.com/index.php?id=129
Recent News:
San Gold Develops High Grade "98" Vein at Rice Lake -
http://www.marketwire.com/mw/release_html_b1?release_id=179049
San Gold Finds New Vein at Depth -
http://www.marketwire.com/mw/release_html_b1?release_id=178030
San Gold Expands Resources Study Scope to Include Cartwright Mine Feasibility
http://www.marketwire.com/mw/release_html_b1?release_id=172294
San Gold Deep Drilling Yields Impressive Grades and Widths -
http://www.marketwire.com/mw/release_html_b1?release_id=169697
More Recent News:
http://www.sangoldcorp.com/index.php?option=com_content&task=category§ionid=1&id=1&a....
SAN Gold 2006
http://tinyurl.com/78l2t
SGR San Gold being poured into mould -
SGR San Gold dore brick cools in the mould -
This is the approach to SGR#1 - this SGR#2 Gold Mine -
is about 2 miles east of the main Rice Lake mine.
It is accessed through a declining passage cut through solid
rock, approximately 6000 feet long, descending until it reaches
good Gold Ore-bearings formations about 700 feet below
the surface -
SGR San Gold Mine -
A view of workers underground at level 5 in SGR#1 Au mine -
NorthLion thanks for SGR pictures and info.
Gov. Debt - MOAB - Mother Of All Fiat Bubbles -
http://monetaadvisors.com/?p=67
Gold has replaced every fiat currency for the past 3000 years -
http://www.kwaves.com/fiat.htm
http://www.canadiancontent.net/commtr/fiat-currency-fall-dollar_958.html
Higher Grade Ore Encountered
in Deep Levels of
Rice Lake Mine --
Corporate Update
1/31/2006
http://tinyurl.com/a46u9
http://www.sangoldcorp.com/
WOW!! look how wide that vien is. Looks like they blasted over
20 feet wide. How much ore do you think Richard is standing on?
What is it worth at 1.2 oz/t? WOW!!
By: elementwise1
http://tinyurl.com/bugz2
www.silverbearcafe.com/
Dear Friend of GATA and Gold:
http://www.goldrush21.com/
San Gold - POG LT Chart TA Patterns -
http://www.mrci.com/pdf/gc.pdf
POG TA LT Chart 2001 - 2005 pattern -
in a larger scale -
is a reflexion and similar to -
POG TA LT Chart 1976 - 1979 pattern.
Q. -
POG TA LT Chart 2006 - 2007 pattern -
- to be a reflexion and similar to -
POG TA LT Chart 1979 - 1980 pattern ? -
San Gold is looking to produce a minimum
of 100,000 ounces in 2008 -
http://www.smartstox.com/interviews/sgr.php
Filmed at the World Gold, PGM and Diamond Investment Conference, held in Vancouver, June, 2006
A. -
The continuation of the 1979 - 1980 reflexion -
in a larger scale is still soon to be seen -
Gold in 2006 -
Everday Good for Gold -
http://www.sangoldcorp.com/
Production did begin from both mines in December
as ore was broken and is now being stockpiled
as the mill is still a couple of weeks from
being able to process.
We had to send out our grinding mill bearing
liners for machining to Sudbury which delayed
the mill start-up.
The mill is however able to process 1200 tons
per day and we are just beginning the mining
process, this year will average 400 tons per
day so catch-up on the milling side is not
a problem.
We will update in the form of a news release
when appropriate and enough of the new orebody
has been mined and sampled to warrant
such a release.
Best Regards,
Dale Ginn, P. Geo.
President - San Gold Corporation
(204) 794-5818
(807) 543-2435 fax
dginn@sangoldcorp.com
V.SGR MSP Detailed Quote -
http://www.investorshub.com/boards/quotes.asp?ticker=v.sgr
SAN GOLD Corp. DD ...
http://www.sangoldcorp.com
http://www.webpennys.com/profiles/san_gold_corp.html
Gold chart LT 2nd bull wave and most peaks in gold are
covered by a war ...
..in case of WW the gold producer -
need to be in strategic LT safest place -
http://investorshub.advfn.com/boards/board.aspx?board_id=5396
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=54066855
Welcome to enjoy SGR -
InvestorsHub forum
Imo. Tia.
Brgds
Bob
http://www.goldrush21.com/
Money Masters: Federal Reserve History part 1 of 3
http://video.google.com/videoplay?docid=8442305921010099392&q=conspiracy
Money Masters: Federal Reserve History part 2 of 3
http://video.google.com/videoplay?docid=5020331178524208549&q=conspiracy
Money Masters: Federal Reserve History part 3 of 3
http://video.google.com/videoplay?docid=6666372716915416357&q=conspiracy
Those who make peaceful REVOLUTION impossible will
make violent REVOLUTION inevitable.
- John F. Kennedy
Shut Down The Federal Reserve: Save America!
http://www.ipetitions.com/petition/AFTF_P_1/
†With God all things are possible†
by: todd h
ROB-TV in exposing the Gold price suppression scheme -
http://www.youtube.com/watch?v=GbPetrK_6Lc&mode=related&search=
Join GATA -
http://www.GATA.org.
http://www.vatican.va
http://tinyurl.com/365wag
HON. RON PAUL OF TEXAS -
Before the U.S. House of Representatives -
The End of Dollar Hegemony -
http://tinyurl.com/uq9kf
Please pass it along >>>>>>>>>>>>>>>>>>>>>>>>>>>>>
Welcome to the San Gold Corp. discussion board
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