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Canagold Resources Ltd T.CCM

Alternate Symbol(s):  CRCUF

Canagold Resources Ltd. is a mineral exploration company. It owns a direct interest in precious metal properties, known as the New Polaris property, the Windfall Hills property, and the Corral Canyon property, as well as a portfolio of smaller exploration properties in Nevada, Idaho and Montana. It owns a 100% interest in the New Polaris property, located in the Atlin Mining Division, British Columbia (BC), which consists of 61 contiguous Crown-granted mineral claims and one modified grid claim covering 850 hectares. The Windfall Hills gold project is located 65 km south of Burns Lake, which consists of the Atna properties, comprised of two mineral claims totaling 959 hectares and the Dunn properties, comprised of eight mineral claims totaling 2820 hectares. Corral Canyon property lies 35 km west of the town of McDermitt in Humboldt County along the western flank of the McDermitt caldera complex. Princeton Gold Property consists of 14,650 hectares and lies 35 km south of Princeton, BC.


TSX:CCM - Post by User

Bullboard Posts
Comment by guidon Jun 23, 2009 10:42am
331 Views
Post# 16091313

RE: RE: RE: RE: Benzdorp

RE: RE: RE: RE: BenzdorpWell, that is fair enough, however it did come across like you were implying that Canarc has given up on Benzdorp, which they have not.

The problem with Suriname is the government is either helpful or they are not. They lack transparency but eventually they "get to it"...  In my opinion the Minister of resources (Gregory Rusland) is a lazy *ss who wants to see more profits, but I am confident Canarc will eventually get their renewal. 

As I understand they (Canarc) already had to re-submit their application because of some inconsistency, which further delayed the process.

Also, the Minister (Mr. Rusland) is on a mission, as stated by him in 2008, to "re-shape" the mining industry in Suriname which is likely further delaying things, however mining is approximately 90% of Suriname's total export... so it is unlikely they will rock the boat too much.

At any rate, I know there are other companies currently exploring in Suriname and they too are still waiting for renewals and have been for quite some time as well.


Regards.



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