Volcanic Gold Mines Inc T.VG

Primary Symbol: V.VG Alternate Symbol(s): VLMZF

Metals & Mining Gold

Volcanic Gold Mines Inc. is a Canada-based company, which is principally engaged in acquisition and exploration of resource properties. The Company’s projects include Holly project, Banderas project, and Motagua Norte prospect. The Holly project is located in eastern Guatemala in a terrain with gold-silver mines and deposits. The Holly property straddles the regional Jocotan Fault which forms part of the Motagua Suture Zone, 400 kilometers (km) long by up to 80 km wide deformation zone that separates the North American and Caribbean plates. The Banderas Project is located in Guatemala and has a caldera and rhyolite dome complex with gold-silver-rich epithermal veins and breccias extending over nine square kilometers. The Motagua Norte has approximately 240,000-hectare land position. The Company’s subsidiary is Recursos del Golfo S.A.

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Volcanic Gold Mines Inc

Bullboard Posts

Comment by cnynmanon Dec 05, 2013 11:13am

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Post# 21974412

RE:Klondex buys Midas

There is no roaster at Midas. The roaster is the big 'selling point' for Veris to obtain toll milling agreements.

However, ore from the Midas mine would be quite a long haul to Jerritt Canyon (bear in mind that the map distance isn't that great, but there are no suitable roads for heavy trucks between the two).

Klondex may well look to Newmont or Barrick for future processing of refractory ore.

The Atna/Veris agreements should not be directly impacted.

Bullboard Posts

A junior copper-gold stock trading at a bargain of monumental proportions