$paul_dirac welcome to; Gran Colombia Gold: Largest Colombian Gold Producer with Growth Plans Jun 25, 2021 Paul giving you a following mark :-)) TIA
Swiss Resource Capital AG 20.6K subscribers Company presentation of currently the largest underground gold and silver producer in Colombia, with several mines at its high-grade operation in Segovia. In Guyana, the company is advancing the recently acquired Toroparu project, one of the largest undeveloped gold projects in the Americas. Gran Colombia Gold pays a monthly dividend and has a stable shareholder structure.
Gran Colombia Gold is a Canadian-based mid-tier gold producer with its primary focus in Colombia where it is currently the largest underground gold and silver producer with several mines in operation at its high-grade Segovia Operations.
Since we last spoke to Gran Colombia two years ago, they have been busy in several areas.
$Gran Colombia is now producing gold and their guidance for this year is 200-220,000 oz and they are well on track to meet that target.
The company has brought costs down and is now paying dividends at 3% a year.
They have also managed to reduce their debt down from $90M to $19M and by the end of the year they aim to have zero debt.
Gran Colombia owns approximately 44% of Aris Gold Corporation, a Canadian mining company currently advancing a major expansion and modernization of its underground mining operations at its Marmato Gold Project in Colombia.
Gran Colombia took the Marmato mine and raised $300M to finance the operation which is now in the hands of a management team. This project is an investment for the company and will continue to create value for the shareholders.
Gran Colombia’s project pipeline also includes an 100% equity interest in Gold X Mining Corp.,
an approximately 36% equity interest in Denarius Silver Corp. and
an approximately 26% equity interest in Western Atlas Resources Inc.
Gran Colombia has come a long way in two years and has grown considerably with the share price reaching highs of $8 per share.
Palisades Gold Radio 70.2K subscribers Tom welcomes mining legend Pierre Lassonde to the show. Pierre is the Co- Founder of Franco Nevada and Formerly President of Newmont Mining.
$trunkmonk thanks; Aris Gold Announces 10,000 Metre Drill Program At Juby Project, Ontario, Canada
Aris Gold Corp this morning announced that it has begun planning for a drill program on its Juby Project within the Abitibi greenstone belt of Ontario.
The program is expected to consist of a total of 10,000 metres of drilling.
Aris Gold Corp (TSX: ARIS) this morning announced that it has begun planning for a drill program on its Juby Project within the Abitibi greenstone belt of Ontario. The program is expected to consist of a total of 10,000 metres of drilling.
The initial drill program is set to begin in the third quarter of 2021, with the program targeting an extension between the Big Dome and Golden Lake deposits, while also testing known high grade mineralized zones. Currently, the project contains a 10 kilometre long strike which follows the Tyrrell Shear Zone.
Presently, the 14,000 acre Juby property contains a mineral resource estimate of 773,000 ounces of indicated gold within 21.3 million tonnes based on an open pit model. A further 1,488,000 ounces of inferred resource is contain within the model, within 47.1 million tonnes. The estimate is based on a 0.4 g/t cut-off, and was established via 105,861 metres of drilling within 379 holes.
Active exploration has not occurred on the property since 2018.
Aris Gold last traded at $2.30 on the TSX.
$Gran Colombia Gold (TPRFF)(GCM:TSE) also owns approximately 44% of Aris Gold Corporation (TSX: ARIS), a Canadian mining company currently advancing a major expansion and modernization of its underground mining operations at its Marmato Project in Colombia.
$Gran Colombia Gold Corp. (TSX: GCM, OTCQX: TPRFF) announced today high-grade intercepts from the first 59 diamond drill holes totaling 10,229 meters of an in-fill drilling campaign that is being carried out by the Company’s Mine Geology Department at the El Silencio mine at its Segovia Operations.
This 23,000 meters drilling campaign, which commenced in 2020 and will be completed this year, is focused on resource definition within the underground mine developments of the El Silencio mine and complements the previously announced 60,000 meters drilling program being carried out in 2021 by the Company’s exploration team.
High-grade intercepts from two new veins recently discovered by this in-fill drilling campaign at the El Silencio mine provide and corroborate information of importance for the current and future development of different sectors of this flagship mine.
$The best high-grade intercepts from these latest drill results at the El Silencio mine include:
1040 Vein, new discovery:
137.44 g/t Au and 10.1 g/t Ag over 0.56 meters (ES-GM-U51-20);
1150 Vein, new discovery:
93.19 g/t Au and <0.3 g/t Ag over 0.54 meters (ES-GM-U59-20);
1180 Vein: 73.03 g/t Au and 32.0 g/t Ag over 0.30 meters (ES-GM-U49-20); and Manto Vein: 44.49 g/t Au and 98.5 g/t Ag over 0.35 meters (ES-GM-U17-21).
$Golden cross forms in gold’s chart Posted on July 8, 2021 by Opinion MarketWatch/Mark DeCambre/7-6-2021
Gold Price (Gold price, 50-day and 200-day moving averages) Overlay chart showing the 50-day and 200-day averages crossing –
a TI bulliish indicator
$Gran Colombia Announces Results From the 2021 Drill Program at Its Toroparu Project in Guyana; Confirms 4-Km Strike Length of Structurally Controlled High-Grade Gold Mineralized Structures July 6, 2021 TORONTO, July 06, 2021 (GLOBE NEWSWIRE) --
$Gran Colombia Gold Corp. (TSX: GCM, OTCQX: TPRFF) (“Gran Colombia” or the “Company”) is pleased to announce results from the recently completed Phase 2 diamond drill program at its 100%-owned Toroparu Project in Western Guyana.
The 10,494 meters Phase 2 program was designed to confirm the continuity of both the northwest oriented high-grade gold structures and the cross cutting east-west high-grade structures that create a repeatable pattern of intersecting zones amenable to underground mining methods over the 4 kilometer strike length of the Toroparu Project1.
Serafino Iacono, Executive Chairman of Gran Colombia, commented, “The discovery of the structural control of high-grade gold mineralization at Toroparu has reaffirmed our confidence in the npotential value of this project as one of our cornerstone assets.
The recently completed, two-phase diamond drill program comprised a total of 20,750 meters in 114 drill holes and has confirmed a 4-kilometer ("km") strike length of high-grade structurally controlled gold mineralization at Toroparu.
In addition, the program identified a repeated pattern of intersections of NW-SE and E-W oriented sub-vertical structures containing high-grade zones extending over mineable widths up to 100 m vertically (“jewelry boxes”)2 that support our belief that a high-grade resource amenable to underground mining methods lies at the core of this very large, disseminated gold deposit.
We are currently working with Nordmin to prepare an updated mineral resource estimate and preliminary economic assessment (“PEA”) incorporating the high-grade results from this latest drilling program.
We expect the PEA will be completed later this summer.”
Highlights
Assay results from the 2021 Phase 2 High-Grade Definition Drill Program extend high-grade mineralization to the northwest of historical drilling and confirm a 4-km overall strike length of Toroparu Deposit
Area (Figures 1 and 2). Drill results identify several additional concentrations of high-grade gold contained in intersecting NW-SE and E-W structures (“pipes”) that occur in a repetitive pattern across the deposit (Figure 2).
These structural pipes exhibit continuity over 2 metre ("m") to 25 m widths extending over 30 to 100 vertical metres and confirm the potential for significant volumes of gold mineralization amenable to underground mining methods exists along the 4 km Toroparu Deposit Area.
The high-grade mineralized pipes, ranging in grade from approximately 5 g/t gold ("Au") to greater than 20 g/t Au over potentially mineable widths, are often surrounded by a lower grade (0.5 - 5.0 g/t Au) halo of mineralized material. (Figure 5).
The high-grade gold grades intersected in structures range from 2.42 g/t Au to 101.7 g/t Au and have a length-weighted average grade of 6.7 g/t Au (uncut) over 113 m and 76 intervals highlighted in this release (Table 1).
Since historical drilling has been limited to the upper 450 m of vertical extension of the deposit, this remains open at depth across the 4-km of strike length at depths that are relatively shallow for an underground mine.
Results from the most northwest set of drill holes, which intersected multiple high-grade intervals indicate that the high-grade structural component of the deposit is still open along strike to the northwest.
welcome to; Gran Colombia Gold: Largest Colombian Gold Producer with Growth Plans Jun 25, 2021 Paul giving you a following mark :-)) TIA
$wiss Resource Capital AG 20.6K subscribers Company presentation of currently the largest underground gold and silver producer in Colombia, with several mines at its high-grade operation in Segovia. In Guyana, the company is advancing the recently acquired Toroparu project, one of the largest undeveloped gold projects in the Americas. Gran Colombia Gold pays a monthly dividend and has a stable shareholder structure.
Gran Colombia Gold is a Canadian-based mid-tier gold producer with its primary focus in Colombia where it is currently the largest underground gold and silver producer with several mines in operation at its high-grade Segovia Operations.
Since we last spoke to Gran Colombia two years ago, they have been busy in several areas.
$Gran Colombia is now producing gold and their guidance for this year is 200-220,000 oz and they are well on track to meet that target.
The company has brought costs down and is now paying dividends at 3% a year.
They have also managed to reduce their debt down from $90M to $19M and by the end of the year they aim to have zero debt.
Gran Colombia owns approximately 44% of Aris Gold Corporation, a Canadian mining company currently advancing a major expansion and modernization of its underground mining operations at its Marmato Gold Project in Colombia.
Gran Colombia took the Marmato mine and raised $300M to finance the operation which is now in the hands of a management team. This project is an investment for the company and will continue to create value for the shareholders.
Gran Colombia’s project pipeline also includes an 100% equity interest in Gold X Mining Corp.,
an approximately 36% equity interest in Denarius Silver Corp. and
an approximately 26% equity interest in Western Atlas Resources Inc.
Gran Colombia has come a long way in two years and has grown considerably with the share price reaching highs of $8 per share.
Palisades Gold Radio 70.2K subscribers Tom welcomes mining legend Pierre Lassonde to the show. Pierre is the Co- Founder of Franco Nevada and Formerly President of Newmont Mining.
$trunkmonk thanks; Aris Gold Announces 10,000 Metre Drill Program At Juby Project, Ontario, Canada
Aris Gold Corp this morning announced that it has begun planning for a drill program on its Juby Project within the Abitibi greenstone belt of Ontario.
The program is expected to consist of a total of 10,000 metres of drilling.
Aris Gold Corp (TSX: ARIS) this morning announced that it has begun planning for a drill program on its Juby Project within the Abitibi greenstone belt of Ontario. The program is expected to consist of a total of 10,000 metres of drilling.
The initial drill program is set to begin in the third quarter of 2021, with the program targeting an extension between the Big Dome and Golden Lake deposits, while also testing known high grade mineralized zones. Currently, the project contains a 10 kilometre long strike which follows the Tyrrell Shear Zone.
Presently, the 14,000 acre Juby property contains a mineral resource estimate of 773,000 ounces of indicated gold within 21.3 million tonnes based on an open pit model. A further 1,488,000 ounces of inferred resource is contain within the model, within 47.1 million tonnes. The estimate is based on a 0.4 g/t cut-off, and was established via 105,861 metres of drilling within 379 holes.
Active exploration has not occurred on the property since 2018.
Aris Gold last traded at $2.30 on the TSX.
$Gran Colombia Gold (TPRFF)(GCM:TSE) also owns approximately 44% of Aris Gold Corporation (TSX: ARIS), a Canadian mining company currently advancing a major expansion and modernization of its underground mining operations at its Marmato Project in Colombia.