Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Barrick Gold Corp T.ABX

Alternate Symbol(s):  GOLD

Barrick Gold Corporation is a Canada-based gold and copper producer, which is engaged in the production and sale of gold and copper, as well as related activities, such as exploration and mine development. It has ownership interests in producing gold mines that are located in Argentina, Canada, Cote d'Ivoire, the Democratic Republic of the Congo, the Dominican Republic, Mali, Tanzania and the United States. It has ownership interests in producing copper mines in Chile, Saudi Arabia and Zambia. Its operations include Nevada Gold Mines, Bulyanhulu, Hemlo, Jabal Sayid, Kibali, Loulo-Gounkoto, Lumwana, North Mara, Porgera, Pueblo Viejo, Tongon, Veladero and Zaldivar. Its Bulyanhulu operation is located in north-west Tanzania, approximately 55 kilometers (km) south of Lake Victoria and 150 km southwest of the city of Mwanza. The Hemlo operation is located north of Lake Superior on the Trans-Canada Highway, approximately 35 km east of Marathon, Ontario, and it is an underground operation.


TSX:ABX - Post by User

Bullboard Posts
Post by jmcaon Apr 11, 2006 2:40pm
357 Views
Post# 10665662

Huge Gold News - AUQ.V

Huge Gold News - AUQ.V AUROGIN RESOURCES LTD Quick Quote: AUQ 0.35 (+0.07) Aurogin Completes Detailed Engineering and Commences Construction at El Sastre 4/11/2006 TORONTO, ONTARIO, Apr 11, 2006 (CCNMatthews via COMTEX News Network) -- Aurogin Resources Ltd. (TSX VENTURE:AUQ) ("Aurogin" or "the Company") is pleased to announce it has completed detailed engineering and commenced heap-leach pad construction at its El Sastre Main Zone in Guatemala, one of four mineralized gold zones on Aurogin's El Sastre Project located 30 kilometres northeast of Guatemala City. Aurogin's El Sastre Main Zone is a high-grade, near-surface oxide gold deposit. The Company is constructing a heap-leach pad and metallurgical plant designed to bring the deposit into commercial production while confirming project design parameters. Phase 1 plans for the El Sastre Main Zone involve ramping up production levels to an initial rate of approximately 20,000 ounces of gold per year. Environmental permits are in place and Aurogin anticipates that construction will be completed in the third quarter of 2006, with the first gold pour slated for the fourth quarter of 2006. Gold resources at the El Sastre Main Zone currently stand at 49,251 ounces of indicated resource (370,000 tonnes at 4.14 grams of gold per tonne (g/t Au)), and 117,265 ounces of inferred resource (1,165,000 tonnes at 3.13 g/t Au). In addition, Aurogin has defined 518,000 ounces of inferred resource (13,000,000 tonnes at 1.25 g/t Au) at its Lupita Zone, located 600 metres west of the El Sastre Main Zone. Coincident with its production plans, the Company is advancing exploration plans intended to expand the resources at both of these zones as well as across the entire El Sastre Project, which management believes has the potential to produce more than one million ounces of gold. "Bringing the El Sastre Main Zone into production by 2006 demonstrates our commitment to convert Aurogin's growing gold resources into producing assets. In addition, we are fulfilling our earn-in agreement with our Guatemalan partners," stated John Paterson, President and CEO. Aurogin Resources Ltd. is an emerging gold producer focused on the acquisition and development of profitable gold deposits in the Americas. The Company currently has two core projects: The El Sastre Project in Guatemala, an expanding resource that includes four zones, which management believes comprise more than one million ounces of gold potential; and, the Lone Mountain Project in Nevada located on the prolific Battle Mountain-Cortez Gold Trend, which has produced some 23 million ounces of gold over the past 30 years, making it the second most productive belt in the state after the Carlin District. Aurogin Resources Ltd. Listed: AUQ: TSX-V Issued: 44,645,721 common shares SOURCE: Aurogin Resources Ltd. Aurogin Resources Ltd. John H. Paterson, P.Eng. President (416) 214-4809 Aurogin Resources Ltd. Greg Taylor V.P. Investor Relations (416) 605-5120 info@auroginresources.com www.auroginresources.com Copyright (C) 2006 CCNMatthews. All rights reserved.
Bullboard Posts