NewsColumbia Progresses Equipment Procurement and Plant Construction at Lluvia de Oro Gold Mine
TORONTO, Apr 02, 2007 (MARKET WIRE via COMTEX News Network) --
Columbia Metals Corporation Limited (TSX-V: COL) is pleased to report that:
* A US $300,000 property payment due to Tara Gold Resources Corp. April 02, 2007 was made March 29, 2007.
* Under an existing agreement, project funding for the procurement of equipment and for construction on the processing plant at Lluvia de Oro has been arranged. The Company expects gold plant commissioning by the fourth quarter of 2007 followed by commissioning of the BioteQ plant for copper and cyanide recovery in the first quarter of 2008.
* Crushing and stacking equipment for the conventional gold heap leach operation has been sourced and is available for immediate delivery.
Shares Outstanding: 59,896,427
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Distributed by Filing Services Canada and retransmitted by Market Wire
For further information, please contact:Columbia Metals Corporation LimitedCarl Di PlacidoPresident and CEO(416) 364-6799Columbia Metals Corporation Limited402 - 121 Richmond Street WestToronto ON, M5H 2K1, CanadaPhone: (416) 364-6799Fax: (416) 364-2595www.columbiametals.ca
SOURCE: Columbia Metals Corporation Ltd.
Great news if you ask me.
Looking forward to getting more news reports like this.
Tara's parnters starting to earn a profit and return it helps all of us get more bang for the buck.
Happy trading to all.
C.S.