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.

Core Gold DMMIF

Core Gold Inc is a gold mining company based in Canada with all operations in Southern Ecuador. The company primarily explores for gold and silver. Some of its projects includes Zaruma Mine & Portovelo Mill, Dynasty Goldfield and Copper Duke Project.


OTCQX:DMMIF - Post by User

Bullboard Posts
Post by Rich12on Oct 09, 2008 7:42am
347 Views
Post# 15515827

Information from Website

Information from WebsiteThere is some interesting reading on DMM website.  They are cash rich (approx. $24 m) and the remaining cost to complete Zaruma plant is about $6 m.  Lots of cash left over to start Jerusalem gold project and continue exploration on Dynasty Goldfield ( to commence after the enactment of the new mining act). The credit cris will not affect them.

From Website:

.Zaruma Gold Project plant construction and mine

development estimated to be 80% complete. Remaining

capital costs estimated at $6 million. Commissioning of Plant

anticipated to be 90 days after the enactment of the new

Mining Act


. Applications have been submitted for mine and plant

operating permits at the Jerusalem Gold Project


. Exploration at Dynasty Goldfield set to recommence on

enactment of new Mining Act

Bullboard Posts