Wednesday, December 01, 2021 7:35:51 PM
$GCM Mining Announces Updated Mineral Resource Estimate and Positive
Preliminary Economic Assessment for Its Toroparu Project in Guyana
December 1, 2021
https://www.gcm-mining.com/news-and-investors/press-releases/press-releases-details/2021/GCM-Mining-Announces-Updated-Mineral-Resource-Estimate-and-Positive-Preliminary-Economic-Assessment-for-Its-Toroparu-Project-in-Guyana/default.aspx
Updated Mineral Resource Estimate of 8.4 Mozs Measured and
Indicated Gold Resource at 1.42 g/t and
396 Mlbs Measured and
Indicated Copper Resource at 0.1% in 185 million tonnes of rock
Preliminary Economic Assessment estimates:
280,000 ozs of gold production in the first year of operation in 2024;
5.4 Mozs of gold, 2.5 Mozs of silver and
141.3 Mlbs of copper produced over a 24-year mine life;
US$8.0 billion total revenue, US$3.5 billion operating margin and
US$1.7 billion after-tax Free Cash Flow at a US$1,500/oz gold price; and,
After-tax net present value (5%) of US$794 million
with an after-tax IRR of 46% and two-year payback.
Initial US$355 Million capex to construct the Toroparu Project
is fully funded.
TORONTO, Dec. 01, 2021 (GLOBE NEWSWIRE) --
GCM Mining Corp. (the “Company”) (TSX: GCM, OTCQX: TPRFF) announced
today that it has completed an updated Mineral Resource estimate for
its Toroparu Project in Guyana with an effective date of November 1,
2021 and in accordance with the Canadian Institute of Mining Metallurgy
and Petroleum (“CIM”) Definition Standards incorporated by reference in
National Instrument 43-101 – Standards of Disclosure for Mineral
Projects (“NI 43-101”). GCM Mining also announced today that Nordmin
Engineering Ltd. (“Nordmin”) and SRK Consulting (U.S.), Inc. (“SRK”)
have completed preliminary results of a Preliminary Economic Assessment
(“PEA”) for the Toroparu Project effective November 26, 2021 and is
currently finalizing the technical report to be prepared in accordance
with NI 43-101 and filed on SEDAR and the Company’s website in mid-
January 2022.
Highlights of the PEA for the Toroparu Project
The PEA affirms the economic viability of the open pit and underground
mining operations at the Toroparu Project.
Total life-of-mine (“LoM”) gold production of 5.4 million ounces
(“Mozs”) representing 88.4% of the 6.2 Mozs of gold fed to the milling
circuit at an average grade of 1.78 g/t Au over the 24-year mine life.
Open pit mine operations will deliver 93 Mt of potential mill feed
(“PMF”) over the LoM and underground mining operations, which commence
in year 10, will deliver an additional 14 Mt of PMF.
Average annual gold production of 225,000 ounces over the 24-year mine
life.
During the first two-year payback period, gold production averages
254,000 ounces per year and over the first 9 years of surface-only
mining, gold production averages 202,000 ounces per year. With the
commencement of underground mining in year 10, annual gold production
from open pit and underground increases to an average of
239,000 ounces over the remaining 15 years of the LoM.
Initial capital cost, to be incurred from 2021 through 2023,
totals US$355 million, of which US$138 million will be funded by
deposits under a Precious Metals Purchase Agreement (“PMPA”) with
Wheaton Precious Metals International Ltd. (“WPMI”) and
the balance by the net proceeds of the Senior Notes financing
closed in August of this year.
Processing capacity will be built in two phases with an initial
Phase I nominal capacity of 7,000 tpd (2.55 Mtpa) in a gold leach
plant based on gravity and carbon-in-leach circuits (“CIL”) and
increasing in year 6 to 14,000 tpd (5.1 Mtpa) in
Phase II with the construction of a copper concentrator based on
gravity and copper flotation circuits.
The copper concentrator will facilitate the recovery of
141.3 million pounds (“Mlbs”) of copper over its 19 years of operation.
The PEA delivers solid financial results with LoM total revenue of
US$8.0 billion,
US$3.5 billion of operating margin and
US$1.7 billion of after-tax Free Cash Flow.
The LoM PEA financial results are based on long-term prices of
US$1,500/oz gold, US$20.22/oz silver and
US$3.13/lb copper.
Gold and copper account for approximately 94% and
5.5%, respectively, of total revenue over the LoM.
LoM cash cost of US$742/oz and LoM all-in sustaining cost (“AISC”) of
US$916/oz.
The PEA estimates a US$794 million after-tax NPV 5% (net present value
at a 5% discount rate),
a 46% IRR (after-tax Internal Rate of Return) and
a two-year after-tax payback of the initial capital cost of the
Project.
Lombardo Paredes, Chief Executive Officer of GCM Mining, commented
“The PEA was initiated as a result of a significantly expanded Mineral
Resource developed from the discovery of the structural control of
high-grade gold mineralization at Toroparu as reported in our July 6,
2021 press release. Compared with Gold X Mining’s previous Mineral
Resource estimate (September 2018), total Measured and Indicated Gold
Resources have increased by
approximately 15% to 8.4 million ounces of gold and reflect an
increase in the average head grade from 0.91 g/t to 1.42 g/t in the
latest update.
The updated mineral resource estimate reported herein, which represents
a potential step change to the economic value of Toroparu, underlies
the scoping of a long mine life project within the PEA recovering
280,000 ounces of gold in the first year of operation in 2024 and
an estimated 225,000 ounces of gold per year from both surface and
underground mining operations over 24 years.
A total of 5.4 million ounces of gold is expected to be produced over
the LoM in the PEA, an approximately 20% increase from the previous
PEA prepared by Gold X Mining in July 2019.
We have already commenced pre-construction activities
at the Toroparu Project site.
We have hired Haukes Construction (Guyana) Ltd., a division of Haukes
NV of Suriname, for construction of the preliminary earthworks at
Toroparu, with development of the permanent man-camp, airstrip and
rock quarries currently underway.
Preparations are also being made for the rehabilitation of the
historical access road commencing early next year.
Based on the technical and financial merits demonstrated by the PEA and
funded by the US$300 million Senior Notes financing we closed in August
and the Wheaton stream, we are proceeding with construction of
the Toroparu Project, which is initially focused on the surface mining
of higher-grade gold processed through a 7,000 tonnes per day (“tpd”)
gold leach mill.
The PEA envisions an expansion of milling capacity to 14,000 tpd with
the addition of a copper concentrator in year 6 and
the addition of underground mining operations in year 10 of
the mine life.
Importantly, the Toroparu Deposit is open both along strike and at
depth with the additional mineralization potential below the 450 m
level amenable to underground mining methods.
We believe the Toroparu Project has the potential to be a multi-
generational gold mine which can create significant value for our
shareholders, solidifying its position along with our Segovia
Operations as a cornerstone asset in GCM Mining.”
Mineral Resource Estimate (“MRE”) Update Effective November 1, 2021
The MRE, which is summarized in Tables 1 and 2 below, was prepared by
Nordmin following a two-phase diamond drill program carried out by
Gold X Mining in 2020-2021 which comprised a total of 20,750 meters in
114 drill holes.
The updated MRE includes an open pit and a maiden underground resource
estimate within the Toroparu Main & NW and SE deposits that are defined
by multiple discreet northwest and east-west oriented high grade
mineralized structures that intersect in a repeatable pattern over an
estimated four kilometers of strike, 400-450 m in width, and
450-500 m in depth.
The satellite deposits consist of the Southeast zone (SE) and
the Sona Hill satellite gold deposits.
Table 1: Mineral Resource Statement for the Toroparu Gold Project
https://www.gcm-mining.com/news-and-investors/press-releases/press-releases-details/2021/GCM-Mining-Announces-Updated-Mineral-Resource-Estimate-and-Positive-Preliminary-Economic-Assessment-for-Its-Toroparu-Project-in-Guyana/default.aspx
Gran Colombia Changes Name to GCM Mining Corp.
November 29, 2021
https://www.gcm-mining.com/news-and-investors/press-releases/press-releases-details/2021/Gran-Colombia-Changes-Name-to-GCM-Mining-Corp/default.aspx
TORONTO, Nov. 29, 2021 (GLOBE NEWSWIRE) --
Gran Colombia Gold Corp. (the “Company”) (TSX: GCM, OTCQX: TPRFF)
announced today that it has changed its name to GCM Mining Corp.
effective immediately and its website can be found at
https://www.gcm-mining.com.
Commenting on the name change, Serafino Iacono, Executive Chairman of
the Company, said “We are very proud of our Colombian roots and, in
Colombia, we will continue to operate as Gran Colombia.
Our new corporate name reflects our strategy to grow through
diversification, expanding our operations and investments to other
countries and broadening our products to include other metals beyond
just gold and silver.
With the acquisition earlier this year of the Toroparu Project in
Guyana
and our equity stake in Denarius and its flagship Lomero Project in
Spain, we have commenced our diversification strategy.
We have a strong balance sheet and we are fully funded to build
Toroparu, one of the largest undeveloped gold/copper projects in the
Americas.
We expect to announce the results on the updated mineral resource
estimate and preliminary economic assessment for Toroparu shortly,
solidifying its position along with our Segovia Operations, as a
cornerstone asset in GCM Mining Corp.”
There is no change to the Company’s trading symbols for its common
shares and common share purchase warrants and we expect that trading
on the Toronto Stock Exchange under the Company’s new name will
formally commence on December 1, 2021.
In the interim, trading will continue under the Company’s old name.
The new ISIN and CUSIP numbers for the Company’s common shares are
CA36168L1058 and 36168L105, respectively.
For the Company’s listed common share purchase warrants (TSX:
GCM.WT.B; OTC Pink: TPRXF), the new ISIN and CUSIP numbers are
CA36168L1132 and 36168L113, respectively.
About GCM Mining Corp.
GCM Mining Corp. is a mid-tier gold producer with a proven track record
of mine building and operating in Latin America.
In Colombia, the Company is currently the largest underground gold and
silver producer with several mines in operation at its high-grade
Segovia Operations.
In Guyana, the Company is advancing the Toroparu Project, one of the
largest undeveloped gold projects in the Americas.
The Company also owns an approximately 44% equity interest in
Aris Gold Corporation (TSX: ARIS) (Colombia – Marmato), an
approximately 27% equity interest in Denarius Silver Corp. (TSX-V:
DSLV) (Spain – Lomero-Poyatos; Colombia – Guia Antigua and Zancudo) and
an approximately 26% equity interest in
Western Atlas Resources Inc. (TSX-V: WA) (Nunavut – Meadowbank).
Additional information on GCM Mining can be found on its website at
https://www.gcm-mining.com
and by reviewing its profile on SEDAR at www.sedar.com.
Cautionary Statement on Forward-Looking Information:
This news release contains "forward-looking information", which may --
--results to differ materially from those anticipated in these forward-looking statements are described under the caption "Risk Factors" in the Company's Annual Information Form dated as of March 31, 2021 which is available for view on SEDAR at www.sedar.com. Forward-looking statements contained herein are made as of the date of this press release and the Company disclaims, ---- the reader is cautioned not to place undue reliance on forward-looking statements.
For Further Information, Contact:
Mike Davies
Chief Financial Officer
(416) 360-4653
investorrelations@grancolombiagold.com
Source: Gran Colombia Gold
View All News
$Gran Colombia Declares Monthly Dividend to Be Paid on December 15, 2021
November 15, 2021
https://www.grancolombiagold.com/news-and-investors/press-releases/press-releases-details/2021/Gran-Colombia-Declares-Monthly-Dividend-to-Be-Paid-onDecember-15-2021/default.aspx
TORONTO, Nov. 15, 2021 (GLOBE NEWSWIRE) -- Gran Colombia Gold Corp.
(“Gran Colombia” or the “Company”) (TSX: GCM, OTCQX: TPRFF) announced
today that its Board of Directors has declared the next monthly
dividend of CA$0.015 per common share will be paid on December 15, 2021
to shareholders of record as of the close of business on November 30,
2021.
About Gran Colombia Gold Corp.
Gran Colombia is a mid-tier gold producer with a proven track record of mine building and operating in Latin America. In Colombia, the Company is currently the largest underground gold and silver producer with several mines in operation at its high-grade Segovia Operations. In Guyana, the Company is advancing the Toroparu Project, one of the largest undeveloped gold projects in the Americas. Gran Colombia also owns an approximately 44% equity interest in Aris Gold Corporation (TSX: ARIS) (Colombia – Marmato), an approximately 27% equity interest in Denarius Silver Corp. (TSX-V: DSLV) (Spain – Lomero-Poyatos; Colombia – Guia Antigua and Zancudo) and an approximately 26% equity interest in Western Atlas Resources Inc. (TSX-V: WA) (Nunavut – Meadowbank).
Additional information on Gran Colombia can be found on its website at
http://www.grancolombiagold.com
and by reviewing its profile on SEDAR at www.sedar.com.
https://www.grancolombiagold.com/news-and-investors/press-releases/press-releases-details/2021/Gran-Colombia-Declares-Monthly-Dividend-to-Be-Paid-onDecember-15-2021/default.aspx
$In GOD We Trust - Real Money - AU Safety 6000yrs
)
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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
https://www.usdebtclock.org/
God Bless
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166747120
Ps.
opinion appreciated
Preliminary Economic Assessment for Its Toroparu Project in Guyana
December 1, 2021
https://www.gcm-mining.com/news-and-investors/press-releases/press-releases-details/2021/GCM-Mining-Announces-Updated-Mineral-Resource-Estimate-and-Positive-Preliminary-Economic-Assessment-for-Its-Toroparu-Project-in-Guyana/default.aspx
Updated Mineral Resource Estimate of 8.4 Mozs Measured and
Indicated Gold Resource at 1.42 g/t and
396 Mlbs Measured and
Indicated Copper Resource at 0.1% in 185 million tonnes of rock
Preliminary Economic Assessment estimates:
280,000 ozs of gold production in the first year of operation in 2024;
5.4 Mozs of gold, 2.5 Mozs of silver and
141.3 Mlbs of copper produced over a 24-year mine life;
US$8.0 billion total revenue, US$3.5 billion operating margin and
US$1.7 billion after-tax Free Cash Flow at a US$1,500/oz gold price; and,
After-tax net present value (5%) of US$794 million
with an after-tax IRR of 46% and two-year payback.
Initial US$355 Million capex to construct the Toroparu Project
is fully funded.
TORONTO, Dec. 01, 2021 (GLOBE NEWSWIRE) --
GCM Mining Corp. (the “Company”) (TSX: GCM, OTCQX: TPRFF) announced
today that it has completed an updated Mineral Resource estimate for
its Toroparu Project in Guyana with an effective date of November 1,
2021 and in accordance with the Canadian Institute of Mining Metallurgy
and Petroleum (“CIM”) Definition Standards incorporated by reference in
National Instrument 43-101 – Standards of Disclosure for Mineral
Projects (“NI 43-101”). GCM Mining also announced today that Nordmin
Engineering Ltd. (“Nordmin”) and SRK Consulting (U.S.), Inc. (“SRK”)
have completed preliminary results of a Preliminary Economic Assessment
(“PEA”) for the Toroparu Project effective November 26, 2021 and is
currently finalizing the technical report to be prepared in accordance
with NI 43-101 and filed on SEDAR and the Company’s website in mid-
January 2022.
Highlights of the PEA for the Toroparu Project
The PEA affirms the economic viability of the open pit and underground
mining operations at the Toroparu Project.
Total life-of-mine (“LoM”) gold production of 5.4 million ounces
(“Mozs”) representing 88.4% of the 6.2 Mozs of gold fed to the milling
circuit at an average grade of 1.78 g/t Au over the 24-year mine life.
Open pit mine operations will deliver 93 Mt of potential mill feed
(“PMF”) over the LoM and underground mining operations, which commence
in year 10, will deliver an additional 14 Mt of PMF.
Average annual gold production of 225,000 ounces over the 24-year mine
life.
During the first two-year payback period, gold production averages
254,000 ounces per year and over the first 9 years of surface-only
mining, gold production averages 202,000 ounces per year. With the
commencement of underground mining in year 10, annual gold production
from open pit and underground increases to an average of
239,000 ounces over the remaining 15 years of the LoM.
Initial capital cost, to be incurred from 2021 through 2023,
totals US$355 million, of which US$138 million will be funded by
deposits under a Precious Metals Purchase Agreement (“PMPA”) with
Wheaton Precious Metals International Ltd. (“WPMI”) and
the balance by the net proceeds of the Senior Notes financing
closed in August of this year.
Processing capacity will be built in two phases with an initial
Phase I nominal capacity of 7,000 tpd (2.55 Mtpa) in a gold leach
plant based on gravity and carbon-in-leach circuits (“CIL”) and
increasing in year 6 to 14,000 tpd (5.1 Mtpa) in
Phase II with the construction of a copper concentrator based on
gravity and copper flotation circuits.
The copper concentrator will facilitate the recovery of
141.3 million pounds (“Mlbs”) of copper over its 19 years of operation.
The PEA delivers solid financial results with LoM total revenue of
US$8.0 billion,
US$3.5 billion of operating margin and
US$1.7 billion of after-tax Free Cash Flow.
The LoM PEA financial results are based on long-term prices of
US$1,500/oz gold, US$20.22/oz silver and
US$3.13/lb copper.
Gold and copper account for approximately 94% and
5.5%, respectively, of total revenue over the LoM.
LoM cash cost of US$742/oz and LoM all-in sustaining cost (“AISC”) of
US$916/oz.
The PEA estimates a US$794 million after-tax NPV 5% (net present value
at a 5% discount rate),
a 46% IRR (after-tax Internal Rate of Return) and
a two-year after-tax payback of the initial capital cost of the
Project.
Lombardo Paredes, Chief Executive Officer of GCM Mining, commented
“The PEA was initiated as a result of a significantly expanded Mineral
Resource developed from the discovery of the structural control of
high-grade gold mineralization at Toroparu as reported in our July 6,
2021 press release. Compared with Gold X Mining’s previous Mineral
Resource estimate (September 2018), total Measured and Indicated Gold
Resources have increased by
approximately 15% to 8.4 million ounces of gold and reflect an
increase in the average head grade from 0.91 g/t to 1.42 g/t in the
latest update.
The updated mineral resource estimate reported herein, which represents
a potential step change to the economic value of Toroparu, underlies
the scoping of a long mine life project within the PEA recovering
280,000 ounces of gold in the first year of operation in 2024 and
an estimated 225,000 ounces of gold per year from both surface and
underground mining operations over 24 years.
A total of 5.4 million ounces of gold is expected to be produced over
the LoM in the PEA, an approximately 20% increase from the previous
PEA prepared by Gold X Mining in July 2019.
We have already commenced pre-construction activities
at the Toroparu Project site.
We have hired Haukes Construction (Guyana) Ltd., a division of Haukes
NV of Suriname, for construction of the preliminary earthworks at
Toroparu, with development of the permanent man-camp, airstrip and
rock quarries currently underway.
Preparations are also being made for the rehabilitation of the
historical access road commencing early next year.
Based on the technical and financial merits demonstrated by the PEA and
funded by the US$300 million Senior Notes financing we closed in August
and the Wheaton stream, we are proceeding with construction of
the Toroparu Project, which is initially focused on the surface mining
of higher-grade gold processed through a 7,000 tonnes per day (“tpd”)
gold leach mill.
The PEA envisions an expansion of milling capacity to 14,000 tpd with
the addition of a copper concentrator in year 6 and
the addition of underground mining operations in year 10 of
the mine life.
Importantly, the Toroparu Deposit is open both along strike and at
depth with the additional mineralization potential below the 450 m
level amenable to underground mining methods.
We believe the Toroparu Project has the potential to be a multi-
generational gold mine which can create significant value for our
shareholders, solidifying its position along with our Segovia
Operations as a cornerstone asset in GCM Mining.”
Mineral Resource Estimate (“MRE”) Update Effective November 1, 2021
The MRE, which is summarized in Tables 1 and 2 below, was prepared by
Nordmin following a two-phase diamond drill program carried out by
Gold X Mining in 2020-2021 which comprised a total of 20,750 meters in
114 drill holes.
The updated MRE includes an open pit and a maiden underground resource
estimate within the Toroparu Main & NW and SE deposits that are defined
by multiple discreet northwest and east-west oriented high grade
mineralized structures that intersect in a repeatable pattern over an
estimated four kilometers of strike, 400-450 m in width, and
450-500 m in depth.
The satellite deposits consist of the Southeast zone (SE) and
the Sona Hill satellite gold deposits.
Table 1: Mineral Resource Statement for the Toroparu Gold Project
https://www.gcm-mining.com/news-and-investors/press-releases/press-releases-details/2021/GCM-Mining-Announces-Updated-Mineral-Resource-Estimate-and-Positive-Preliminary-Economic-Assessment-for-Its-Toroparu-Project-in-Guyana/default.aspx
Gran Colombia Changes Name to GCM Mining Corp.
November 29, 2021
https://www.gcm-mining.com/news-and-investors/press-releases/press-releases-details/2021/Gran-Colombia-Changes-Name-to-GCM-Mining-Corp/default.aspx
TORONTO, Nov. 29, 2021 (GLOBE NEWSWIRE) --
Gran Colombia Gold Corp. (the “Company”) (TSX: GCM, OTCQX: TPRFF)
announced today that it has changed its name to GCM Mining Corp.
effective immediately and its website can be found at
https://www.gcm-mining.com.
Commenting on the name change, Serafino Iacono, Executive Chairman of
the Company, said “We are very proud of our Colombian roots and, in
Colombia, we will continue to operate as Gran Colombia.
Our new corporate name reflects our strategy to grow through
diversification, expanding our operations and investments to other
countries and broadening our products to include other metals beyond
just gold and silver.
With the acquisition earlier this year of the Toroparu Project in
Guyana
and our equity stake in Denarius and its flagship Lomero Project in
Spain, we have commenced our diversification strategy.
We have a strong balance sheet and we are fully funded to build
Toroparu, one of the largest undeveloped gold/copper projects in the
Americas.
We expect to announce the results on the updated mineral resource
estimate and preliminary economic assessment for Toroparu shortly,
solidifying its position along with our Segovia Operations, as a
cornerstone asset in GCM Mining Corp.”
There is no change to the Company’s trading symbols for its common
shares and common share purchase warrants and we expect that trading
on the Toronto Stock Exchange under the Company’s new name will
formally commence on December 1, 2021.
In the interim, trading will continue under the Company’s old name.
The new ISIN and CUSIP numbers for the Company’s common shares are
CA36168L1058 and 36168L105, respectively.
For the Company’s listed common share purchase warrants (TSX:
GCM.WT.B; OTC Pink: TPRXF), the new ISIN and CUSIP numbers are
CA36168L1132 and 36168L113, respectively.
About GCM Mining Corp.
GCM Mining Corp. is a mid-tier gold producer with a proven track record
of mine building and operating in Latin America.
In Colombia, the Company is currently the largest underground gold and
silver producer with several mines in operation at its high-grade
Segovia Operations.
In Guyana, the Company is advancing the Toroparu Project, one of the
largest undeveloped gold projects in the Americas.
The Company also owns an approximately 44% equity interest in
Aris Gold Corporation (TSX: ARIS) (Colombia – Marmato), an
approximately 27% equity interest in Denarius Silver Corp. (TSX-V:
DSLV) (Spain – Lomero-Poyatos; Colombia – Guia Antigua and Zancudo) and
an approximately 26% equity interest in
Western Atlas Resources Inc. (TSX-V: WA) (Nunavut – Meadowbank).
Additional information on GCM Mining can be found on its website at
https://www.gcm-mining.com
and by reviewing its profile on SEDAR at www.sedar.com.
Cautionary Statement on Forward-Looking Information:
This news release contains "forward-looking information", which may --
--results to differ materially from those anticipated in these forward-looking statements are described under the caption "Risk Factors" in the Company's Annual Information Form dated as of March 31, 2021 which is available for view on SEDAR at www.sedar.com. Forward-looking statements contained herein are made as of the date of this press release and the Company disclaims, ---- the reader is cautioned not to place undue reliance on forward-looking statements.
For Further Information, Contact:
Mike Davies
Chief Financial Officer
(416) 360-4653
investorrelations@grancolombiagold.com
Source: Gran Colombia Gold
View All News
$Gran Colombia Declares Monthly Dividend to Be Paid on December 15, 2021
November 15, 2021
https://www.grancolombiagold.com/news-and-investors/press-releases/press-releases-details/2021/Gran-Colombia-Declares-Monthly-Dividend-to-Be-Paid-onDecember-15-2021/default.aspx
TORONTO, Nov. 15, 2021 (GLOBE NEWSWIRE) -- Gran Colombia Gold Corp.
(“Gran Colombia” or the “Company”) (TSX: GCM, OTCQX: TPRFF) announced
today that its Board of Directors has declared the next monthly
dividend of CA$0.015 per common share will be paid on December 15, 2021
to shareholders of record as of the close of business on November 30,
2021.
About Gran Colombia Gold Corp.
Gran Colombia is a mid-tier gold producer with a proven track record of mine building and operating in Latin America. In Colombia, the Company is currently the largest underground gold and silver producer with several mines in operation at its high-grade Segovia Operations. In Guyana, the Company is advancing the Toroparu Project, one of the largest undeveloped gold projects in the Americas. Gran Colombia also owns an approximately 44% equity interest in Aris Gold Corporation (TSX: ARIS) (Colombia – Marmato), an approximately 27% equity interest in Denarius Silver Corp. (TSX-V: DSLV) (Spain – Lomero-Poyatos; Colombia – Guia Antigua and Zancudo) and an approximately 26% equity interest in Western Atlas Resources Inc. (TSX-V: WA) (Nunavut – Meadowbank).
Additional information on Gran Colombia can be found on its website at
http://www.grancolombiagold.com
and by reviewing its profile on SEDAR at www.sedar.com.
https://www.grancolombiagold.com/news-and-investors/press-releases/press-releases-details/2021/Gran-Colombia-Declares-Monthly-Dividend-to-Be-Paid-onDecember-15-2021/default.aspx
$In GOD We Trust - Real Money - AU Safety 6000yrs
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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
https://www.usdebtclock.org/
God Bless
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166747120
Ps.
opinion appreciated
My opinions are my own and and DD I post should be confirmed as unbiased
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