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Wednesday, March 13, 2013 5:41:59 PM
100% owned
1,400 Hectare claim is situated between three massive mineral finds.
The first is situated just 200 meters from the northern end of the massive Falconado Xstrata Nickel mine, which according to public disclosures, has uncovered 49.6 million tons of nickel at a grade of 1.21%.
The second formation lies just 35 kilometers south east of the Maria claim: Barrick Gold’s 23.7 million ounce Pueblo Viejo Gold Mine, the largest gold find in the western hemisphere and one of the top three gold reserves worldwide, based on public disclosures.
The third close-by formation is 36 kilometers southeast from the Maria claim: Perilya Gold, domestically known as “Cerro de Maimon,” which has gold findings of 1.76 grams/ton and silver findings of 31.10 grams/ton.
Initial information suggests very encouraging grams per ton ratio of gold.
SANP’s exploration team is very optimistic about this valuable claim.
Alexia Gold Claim
100% owned.
11,575 Hectare claim is surrounded in all directions by numerous gold discoveries under continued exploration by the following mining companies:
Unigold which is only 2,500 meters south of the claim has initial reserves of up to 21.9 g/t of gold;
Everton Resources immediately west has showings of 8.17 g/t gold;
Newmont/ Eurasian at La Miel is 36 Km from the claim with showings of 2.5 g/t gold.
Barrick Gold which is very active has reported publicly that it has proven reserves of 23.7 million ounces of gold and proven reserves of 147.7 Million ounces of silver, making it the largest gold find in the western hemisphere.
Geologically, the claim lies within the same cretaceous volcanic belt as the 23.7 million ounce Pueblo Viejo project.
Francesca Gold Claim
100% Owned
Consists of 2,120 Hectares
For many years Moncion, where Francesca is located, was a bustling mining town where many locals worked in the local mining co-operative. According to a report conducted by the Dominican Mining Office titled, "Analisis y Ordenacion de la Mineria Artesanal," the cooperative had extracted black sand to the south of Moncion with a gold assay of 101 g/m gold.
Francesca shares the mineral rich "Hispaniola Gold Copper Arc" formation with:
Barrick Gold's "Pueblo Viejo" mine with 25 million ounces of Gold;
Perilya Gold's "Cerro de Maimon," Goldquest's recent impressive "Romero" discovery;
Falcondo Xstrata's massive nickel complex
Recent GOLD News
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 11/07/2024 08:33:01 PM
- U.S. Futures Rise as Investors Await Fed Rate Decision; Oil Prices Drop • IH Market News • 11/07/2024 11:19:35 AM
- Barrick Mines Set to Deliver Strong Finish to the Year • GlobeNewswire Inc. • 11/07/2024 11:00:00 AM
- Barrick Declares Q3 Dividend and Buys Back Additional Shares • GlobeNewswire Inc. • 11/07/2024 10:59:00 AM
- Latin Metals Vests 71% Ownership of Key Argentine Gold-Silver Exploration Assets with Potential for High-Grade Discoveries • GlobeNewswire Inc. • 11/06/2024 12:35:00 PM
- Barrick Responds to Mali Government’s Claims of Breaching Its Commitments • GlobeNewswire Inc. • 10/24/2024 08:10:17 PM
- Barrick Reports Q3 Preliminary Production Results With Continued Improvement at Pueblo Viejo • GlobeNewswire Inc. • 10/16/2024 11:00:00 AM
- Notice of Release of Barrick’s Third Quarter 2024 Results • GlobeNewswire Inc. • 10/10/2024 11:00:09 AM
- Africa’s Largest Gold Mine Probes Significant New Discoveries • GlobeNewswire Inc. • 10/08/2024 04:00:00 PM
- Twiga Partnership Leads Extractive Industry’s Contribution to Tanzanian Economy • GlobeNewswire Inc. • 10/05/2024 12:00:00 PM
- Lumwana’s Super Pit Expansion Officially Launched • GlobeNewswire Inc. • 10/02/2024 06:51:40 PM
- Barrick and Mali Reach Agreement to Settle Disputes • GlobeNewswire Inc. • 09/30/2024 06:35:12 PM
- Porgera Mine Working with UN and Enga Provincial Government to Provide Humanitarian Aid to Violence-Stricken Province • GlobeNewswire Inc. • 09/20/2024 03:35:21 PM
- Barrick Continues to Unlock Value Embedded in Its Asset Base • GlobeNewswire Inc. • 09/17/2024 05:00:29 PM
- Feasibility Study on Lumwana Super Pit Expansion Expected by Year-End • GlobeNewswire Inc. • 09/11/2024 09:00:00 PM
- Key Projects Advance as Barrick Keeps Tight Focus on Value Creation and Growth • GlobeNewswire Inc. • 08/12/2024 10:00:00 AM
- Barrick Declares Q2 Dividend and Buys Back Shares • GlobeNewswire Inc. • 08/12/2024 09:59:00 AM
- U.S. Futures Steady as Markets Await Key Inflation Data, Oil Prices Climb • IH Market News • 08/12/2024 09:47:41 AM
- Mining Plays a Vital Role in Advancing the UN’s Sustainable Development Goals, says Barrick • GlobeNewswire Inc. • 08/02/2024 06:45:39 PM
- Porgera Remains On Track Despite Mulitaka Landslide Challenges • GlobeNewswire Inc. • 07/25/2024 11:00:00 AM
- Higher Q2 Production Puts Barrick On Track to Deliver 2024 Targets • GlobeNewswire Inc. • 07/16/2024 11:00:00 AM
- Barrick Continues to Invest in Mali • GlobeNewswire Inc. • 07/09/2024 07:00:00 PM
- Exploration Success, Capital Investment and Reserve Growth to Sustain Kibali’s Production Profile • GlobeNewswire Inc. • 07/02/2024 04:00:00 PM
- Barrick and Zijin Contribute $1 Million to Support Papua New Guinea Landslide Victims • GlobeNewswire Inc. • 06/07/2024 11:18:39 AM
- Form SD - Specialized disclosure report • Edgar (US Regulatory) • 05/29/2024 08:01:04 PM
FEATURED DBG Pays Off $1.3 Million in Convertible Notes, which Retires All of the Company's Convertible Notes • Nov 7, 2024 2:16 PM
FEATURED SMX and FinGo Enter Into Collaboration Mandate to Develop a Joint 'Physical to Digital' Platform Service • Nov 7, 2024 8:48 AM
FEATURED SBC Medical Group Holdings and MEDIROM Healthcare Technologies Announce Business Alliance • Nov 7, 2024 7:00 AM
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VAYK Confirms Insider Buying at Open Market • VAYK • Nov 5, 2024 10:40 AM
Rainmaker Worldwide Inc. Announces Strategic Partnership Between Miranda Water Technologies and Fleming College • RAKR • Nov 4, 2024 12:03 PM