Core Gold Inc. (fka CGLDF)

[NYBob]

P.Eng. Keith Piggott, CEO, Director of Core Gold (TSX-V: CGLD). Core Gold is a gold mining
company based in Canada with all operations in southern Ecuador.
The company counts with premier mining assets including:
The Dynasty Goldfield mine,
The Zaruma Gold Mine and
The Portovelo Mill, and
high-grade exploration targets throughout the emerging
Dynasty District including
Linderos and Copper Duke.
The company is currently the largest gold producer in Ecuador....

https://www.youtube.com/watch?v=M1fR0MHBlV0


The Company has filed a report entitled "Independent Preliminary
Assessment - Zaruma Gold Project - El Oro Province - Ecuador"
(the "Zaruma Report") dated September 17, 2014, which contains a
Preliminary Economic Assessment ("PEA") based upon an updated mineral
resource estimate on its Zaruma Gold Project (the "Zaruma Project").
The Technical Report was prepared by Consulting Mining Engineer Mr RL
Procter BSc (Eng), MBA, MIMMM, CEng, and Consulting Geologists Mr AJ
Maynard, BAppSc (Geol) MAIG, MAusIMM and Mr PA Jones, BAppSc (Geol),
MAIG, all of whom are independent "qualified persons" as defined by
National Instrument 43-101 - Standards of Disclosure for Mineral
Projects ("NI 43-101"). Unless stated otherwise, information on this
website of a scientific or technical nature regarding the Zaruma
Project is summarized, derived or extracted from the Zaruma Report.
For a complete description of assumptions, qualifications and
procedures associated with the information in the Zaruma Report,
reference should be made to the full text of the Zaruma Report, which
is available for review on SEDAR at
http://www.sedar.com and technical
reports.

(see PRODUCTION PLANT PROGRESS & PHOTOS)


Key Highlights:

The construction of the Zaruma Gold Plant has been completed and is in
intermittent operation

Mine development has advanced so that the Zaruma Gold Project in in
commercial production

Measured and Indicated Gold resource of 1,094,000 oz at an average
grade of 13.01 g/t

Inferred Gold resource of 1,448,000 oz at an average grade of 12.16 g/t
Base Case PEA for the Zaruma Gold Project estimate:
a 15 year mine life
total operating revenue of $1,460 million
total EBITA of $683 million
net after tax cash flow of $441 million
after tax Net Present Value of $218 million

The Zaruma-Portovelo Mining District is a major, high-grade goldfield,
having produced over 5 million ozs of gold in the past. Modern mining
was initiated in 1905, when the South American Development Company
developed the Portovelo mine, and ended in the 1950s.
Dynasty has been able to reassemble most of the concessions that made
up the original goldfield.

Estimated mineral resources at the Zaruma Project as contained in the
Zaruma Report are as follows:

TOTAL MINERAL RESOURCES CONTAINED IN ZARUMA PROJECT


http://mail.dynastymining.com/properties/zaruma.php

https://investorshub.advfn.com/Core-Gold-CGLDF-33112/

Core Gold Inc. V.CGL - CGLDF How is Gold Produced - Mining 101: Ep
13 -Published on Jun 23, 2011

Rob Washer, President & C.E.O. of Dynasty Metals & Mining explains how
gold goes from a rock in the ground to bullion in your hand -

The Zaruma Gold Project Zaruma Gold Plant -

https://www.youtube.com/watch?v=bM23MjclXVI


Projected Gold Production of Over 50,000 Oz Per Year - Core Gold -

https://www.youtube.com/watch?v=v-Elztlucq0


Background*
Mr. Keith Piggott, P.Eng, ACSM, has been the Chief Executive Officer and
President of Goldgroup Mining Inc. since June 27, 2013.
Mr. Piggott served as the Chief Executive Officer of
Goldgroup Mining Inc. from April 2010 to October 12, 2012 and
as its President from March 25, 2011 to October 12, 2012.
He served as the Chief Executive Officer and
President at Core Gold Inc. (formerly Dynasty Metals & Mining Inc.)
from September 9, 2016 to March 11, 2019.
Mr. Piggott served as the Director General of Granmin SA de CV of
Sierra Minerals Inc.
He served as General Manager of Minera Secotec SA de C.V.
Mr. Piggott has started and operated numerous underground,
open cut and beach sand mines in Zambia, Australia and Mexico.
He produced copper, cobalt, rutile, zircon, tungsten and tin
at various times.
He has spent the majority of his career producing gold and silver.
He has undertaken exploration work in Australia, Papua New Guinea,
Chile, the United States of America and various regions of
Central America.
Mr. Piggott has a wealth of experience in Mexico which has come
through operating a number of gold mines in the region
for nearly 10 years.
He has been the Chairman of Goldgroup Mining Inc.
since June 12, 2013.
Mr. Piggott served as the Chairman of Sierra Minerals Inc. and
served as its Director since August 24, 2006.
He has been a Director of Goldgroup Mining Inc. since August 2006.
He has been Non-Independent Director at Core Gold Inc.
(formerly Dynasty Metals & Mining Inc.) since September 2016.
Mr. Piggott served as an Independent Director at
Morgain Minerals Inc. since May 31, 2005.
Mr. Piggott obtained a Mining Engineering degree from
the Camborne School of Mines in 1964 and
completed the Executive Development Course at
the London Business School in 1972.

http://www.investing.businessweek.wallst.com/research/stocks/people/person.asp?personId=13223824&privcapId=39474811


RE:RE:Keith Piggott, CEO of Core Gold (TSX-V: CGLD). Core Gold is
Read more at




https://stockhouse.com/companies/bullboard?symbol=v.cgld&postid=29599359


CORE GOLD INC. Dr. Allen Alper of Metals News
Core Gold CEO Keith Piggott Interview: Growing Ecuador Production
Dr. Allen Alper of Metals News -

http://www.metalsnews.com/news_archive.aspx?SearchText=Core%20Gold%20Inc.

https://stockhouse.com/news/newswire/2018/06/29/core-gold-ceo-keith-piggott-interview-growing-ecuador-production

CORE GOLD INC. @ PDAC 2019 Convention Logo March 3 - 6 Metr
2019 PDAC Ecuador Day Program

http://www.cornerstoneresources.com/i/pdf/2019PDACEcuadorDay.pdf

.... session by Canadian Ambassador to Ecuador, ... Mata, Minister of Environment – will provide an ... 15:30– 16:30 SESSION 1: Strategic Project. Updates. • Ron Hochstein, Lundin Gold ... Update on Ecuador Investment ... Exploration Activities.

https://www.pdac.ca/docs/default-source/default-document-library/ecuador-day-program.pdf?sfvrsn=6f8f8a98_0

CORE GOLD INC. @ PDAC 2019 Convention Logo March 3 - 6 Metr
PDAC 2019 Convention Logo

March 3 - 6 Metro Toronto Convention Centre, Toronto, Canada

Ecuador: back on track to be a mining country -

https://www.mininggeologyhq.com/ecuador_mining/

Ecuador aims to more than double mining value to GDP by 2021
Reuters Reuters
Thursday November 01, 2018 05:19
Kitco News ex....

https://www.kitco.com/news/2018-11-01/Ecuador-aims-to-more-than-double-mining-value-to-GDP-by-2021.html

I got into Core Gold for it appeared to
be undervalued and to offer much mining hope -
to help to mordernize and be a mentor for many artisan and illegal
small gold mines operations to NOT use deadly mercury
poison for gold recovery -
to use Core Gold's recovery plant -




- in the upper Amazon river which had in the past poisoned
millions of His people and all living from the Amazon water -
fish of His South America nature garden -

Ecuador aims to more than double mining value to GDP by 2021
Reuters Reuters
Thursday November 01, 2018 05:19
Kitco News ex....

https://www.kitco.com/news/2018-11-01/Ecuador-aims-to-more-than-double-mining-value-to-GDP-by-2021.html

* Ecuador to announce official tie up with Chile's Codelco

* Tongling's first copper output to be delayed
* State run Enami looking for JVs with large mining companies


By Melanie Burton


MELBOURNE, Nov 1 (Reuters) - Ecuador, the world's shining light for copper prospects, aims to more than double the value of mining to its economy by 2021 and is seeking more joint venture partners for its state-owned mining company, a senior government official said on Thursday.


Ecuador is being hailed as the biggest potential new source of supply of the metal used in renewable energy. Copper is number 1 on every miner's must-have list but is increasingly more difficult and costly to find.



Ecuador has five mines in development, four of which are expected to be in operation by 2021, and has seen several big names take up residence in the past 18 months.


BHP Billiton , which opened an office last year, took a stake in first mover SolGold in September, doubling that stake a month later, and setting it up for a potential takeover battle with Newcrest Mining.


World number 4 iron ore miner, Australia's Fortescue, has also set up shop in Ecuador, which is expected to be a major focus of the $100 million it commited to exploration this year.


"One key strategic goal for us is that mining by 2021 before the end of this government is going to increase to 4 percent of our GDP from 1.55 percent today," Fernando Benalcázar, vice minister for mines, told Imarc mining conference in Melbourne.


Ecuador has been working to make itself more attractive to miners, having abolished a windfall tax in August, and is refining its legal framework around mining investment as it seeks partners for joint venture projects with state miner Enami, he told Reuters later.


Enami and Chilean state miner Codelco in coming weeks will officially announce an agreement to jointly develop one of Ecuador's top copper deposits, Llurimagua, for which Codelco has already spent $40 million on exploration, he said.


"We own the asset, we facilitate the process, they (Chile) are the investors."


So far, 318 million tonnes of mineralised rock at 0.7 percent copper have been identified, Benalcázar said. Ecuador is also touting for other partnerships.


"What we are looking at is opening joint venture opportunities for any large, well structured companies," he said, warning that miners must meet strict environmental criteria.


First production by China copper producer Tongling , which has a 70 percent stake in the Mirador copper project, has been delayed after Ecuador found "several non-compliant issues" around waste water management and a proposed tailings dam.


"Things needed to be changed and they are totally open to change," he said.


"It will probably be delayed for another additional quarter at least because of this issue."


Tongling did not immediately respond to a request for comment.
(Reporting by Melanie Burton; Editing by Amrutha Gayathri)

[phone]; Reuters Messaging: [e-mail]))


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Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

God Bless America
Ps.
opinion appreciated
TIA