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GITLF: effective April 13,2016 FINRA deleted symbol:
http://otce.finra.org/DLDeletions
promising, low float and especially
"has not made a massive run yet"
mining co like this are very hard to come by now.
my list of availables is getting shorter by the day
this is one which remains on the list
for now.
best to you too buddy
Good to hear from you Ronnie.
Yes Garrison is going to be Huge a few investors I know got in at .055 and holding strong.
We are all hoping we can accumulate more shares in the next 2 months around the .10 range.
For now we are all keeping king of Hush on this project and the company profile.
All the Best.
Rob!!
new pictures on website appears that they are moving along.
potential is here. Mongolia is huge.
This is a hidden gem, as you will find out in the near future.
Right now Gau has a very strong base at .075 and accumulation going on at the base.
Now is the time to accumulate shares before production of their open pit mind begins.
thanks for tellin me about this hidden gem, very promising indeed !
Huge News !!!!
Garrison Appoints Consep International Ltd. to Provide a Turnkey Gold Plant
4/13/2010 5:07:42 PM - Market Wire
TORONTO, ONTARIO, Apr 13, 2010 (MARKETWIRE via COMTEX News Network) --
Garrison International Ltd. (TSX VENTURE: GAU) ("Garrison") is pleased to announce that it has appointed Consep International Ltd. ("Consep") to establish a turnkey gold plant at Garrison's Tovshiir gold project in South Eastern Mongolia.
Consep is a world leader in the production of high-tech gold plants. The Consep edge revolves around producing a concentrate from ore that undergoes intensive cyanide leaching in a closed circuit system. As compared to most other approaches and technologies, Consep's patented 20 tonne per day closed cyanide-electrowin circuit uses a small quantity of chemicals.
Test work conducted to date using the Consep gravity - leach system on test ore from the Tovshiir project has produced overall gold recovery of 86%. Garrison's management is optimistic that similar recovery rates will be achieved when full-scale production commences at Tovshiir. Recoveries using the Consep system often reach as high as 95% at other similar operations, and Consep facilities are fully automated.
Procuring state-of-the-art, leading edge technology in clean gold processing equipment from Consep will enable Garrison to maintain greater control over all aspects of production, including by helping to minimize security risks during production, and reducing the potential risks to wildlife, livestock, local inhabitants and the surrounding environment. In addition, by employing such technology Garrison should be able to minimize cost fluctuations.
Using the Consep system, gold can be recovered from ore through a much cleaner system than would be the case with a conventional Carbon in Pulp Cyanide Plant. Since the Consep system does not use a leach pond and does not expose cyanide to the open environment, the risk of environmental contamination and the exposure of local inhabitants and livestock to hazardous substances is significantly reduced.
Consep is contracted to provide an automated screening plant, and an Acacia Intensive Leach Unit of 20 tonne per day capacity that has associated electrowin, solution recharge and detoxification units. All of these units are automated, they will be monitored from the plant's main control room and they will require only one skilled person to operate the process, thereby helping to control costs.
Management of Garrison anticipates that the Consep plant should arrive for installation at the Tovshiir site during the 3rd quarter of Garrison's 2010 financial year.
Previously, Asia Goldworks Limited held, among other securities, 30,000,000 common
shares of Garrison International Ltd. (“Garrison”) in trust for Anthony Bainbridge (as
to 40%) and Danny Sun (as to 60%). This documents is filed to report that 22,190,000
of the common shares held by Asia Goldworks Limited in trust were transferred to Mr.
Bainbridge, a director of Garrison. As a result of the transaction, Mr. Bainbridge has
acquired direct and beneficial ownership of 10,190,000 an additional common shares of
Garrison (as compared to his direct and beneficial holdings prior to the transaction).
the designation and number or principal amount of securities and the offeror’s
securityholding percentage in the class of securities immediately after the transaction or
occurrence giving rise to obligation to file the report:
Immediately after the transaction, Mr. Bainbridge held 22,390,000 common shares of
Garrison directly, and 1,170,000 common shares of Garrison indirectly through Asia
Goldworks Limited. These shares constitute approximately 24.7% of the outstanding
common shares of Garrison.
In addition, Mr. Bainbridge holds options exercisable to purchase 700,000 common
shares of Garrison and beneficial ownership of warrants exercisable to purchase
12,000,000 common shares of Garrison.
Going to love watching my money grow like a tree.
All Aboard !!!
Stock shot up from .02 to as high as .10 on the 10th of March when
Garrison announced Construction of Processing Facility.
Garrison International announced that construction of a processing facility on its Tovshiir gold project The Tovshiir gold project is an open cut gold mining project in South-eastern Mongolia.
The production facility that Garrison has planned for the project would be capable of producing 500 tonnes per day of gold ore using feedstock grading 4.7 g/t Au.
The project is expected to be a low cost producer due to the free milling nature of the ore that will be sourced at the project, as well as the very low strip ratio to the mineralization. The mineralization at Tovshiir outcrops as flat quartz ore bodies at surface and the mine plan has the entire defined mineralization zones being mined with less than a 0.5:1 strip ratio.
In addition, Garrison expects that the operation will remain low-cost as the production plan for Tovshiir does not require the use of explosives and is a basic dozer - excavator operation. JPCM Ltd. has been engaged to undertake the mining and site ore crushing and to deliver fine material to Garrison's grinding circuit.
Gill Engineering LLC has been appointed to construct the plant infrastructure and complete all site concrete works. Erchim Usny Engineers LLC, Garrison's environmental consultants, continue to work closely with Mongolian provincial and national governments to ensure proper implementation of the monitoring plans required to satisfy the international standards under which Garrison plans to operate
Everyone ready for the stock of the year !!
Garrison International Ltd. Recommences Construction of Processing Facility on its Tovshiir Gold Project
03/8/2010
Garrison International Ltd. Closes A Debenture Financing for Total Gross Proceeds of $3,000,000
02/26/2010.
This is great news !!
Now that they secured Financing there is no need to issue new Shares.
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Garrison International Ltd., a junior mineral exploration company, through its subsidiary, Garrison Asia LLC, engages in acquiring, exploring, mining, and developing gold and other properties in Mongolia and Canada. It holds interests in the Tovshiir project consisting of six exploration or mining licenses. The company is based in Toronto, Canada.
Shares Outstanding – 97,738,057 as of March 10th 2010
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