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Guanajuato Silver Company Ltd V.GSVR

Alternate Symbol(s):  GSVRF

Guanajuato Silver Company Ltd. is a precious metals producer engaged in reactivating the past producing silver and gold mines in central Mexico. It produces silver and gold concentrates from the El Cubo Mines Complex, Valenciana Mines Complex, and the San Ignacio mine; all three mines are located within the state of Guanajuato. It produces silver, gold, lead, and zinc concentrates from the Topia mine in northwestern Durango. With four operating mines and three processing facilities, it is a growing silver producer in Mexico. El Cubo Mines Complex is a high-grade, epithermal-vein, underground precious metals mine. Topia mine is a silver-rich polymetallic mine. Its Cata processing facility has a capacity of 36,000 tons/month. Its El Horcon mining concessions cover 7,908 hectares comprising 17 contiguous mining concessions located over 60 kilometers to the northwest of the Valenciana Mines Complex in the state of Jalisco. Its EL Pinguico Mine is a high-grade silver producer.


TSXV:GSVR - Post by User

Post by Vanessa2on Sep 21, 2008 2:16pm
364 Views
Post# 15473334

Vangold in Rwanda... News...

Vangold in Rwanda... News...
Rwanda-Oil Exploration-Aerial survey
 
 
Experts to carry out aerial survey of Rwanda for possible oil deposits
 

APA-Kigali (Rwanda) An airborne survey team of experts from a Canadian oil exploring firm, Vangold on Friday arrived in Rwanda to begin conducting an aerial search for possible scientific confirmation of oil deposits in Lake Kivu in western province, APA has reliably learnt from Vangold officials this Saturday.

The arrival of the experts follows earlier announcement by Vangold of possible high opportunities of oil deposits in Lake Kivu and its subsequent signing of a service agreement with New Resolution Geophysics, a South African company, to carry out an airborne ‘gravity and aeromagnetic’ survey.

Vangold country manager Joseph Katarebe said the oil airborne experts who arrived with all necessary equipment and aircraft to flyover over the Lake Kivu, will conduct their exercise for about 15 days to enable them obtain prudent information for further analysis and confirmation of oil presence possibilities.

“The survey team will be flown over Vangold’s 1,631 sq km oil and gas concession in the Kivu Graben area of Rwanda and thereafter data will be obtained and comprehensively analyzed for final conclusions of any oil possibility in Rwanda,” Katarebe said.

According to the officials, the survey will be determined in order to delineate the salient features and geometry of the sedimentary basins of East Kivu Graben and defining of the depths of sediments in individual basins. The quality control and assurance of the survey will be carried out on-site by Vangold’s geophysical consultants Paterson, Grant & Watson Ltd.

The potential field interpretation will include available geological, geochemical and remote sensing data to rank priority areas, anomalies, and structures for further study with seismic that will eventually lead to the drilling of the most prospective sites, according to an official statement issued by Vangold about the aerial survey.

https://www.apanews.net/apa.php?page=show_article_eng&id_article=75835

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