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Volcanic Gold Mines Inc T.VG


Primary Symbol: V.VG Alternate Symbol(s):  VLMZF

Volcanic Gold Mines Inc. is a Canada-based company, which is engaged in the acquisition and exploration of mineral properties, focused on building multi-million-ounce gold and silver resources in under-explored countries. The Company has a 60% interest in two highly prospective gold-silver projects in Guatemala: Holly deposit and Motagua Norte project. The Holly deposit is an advanced-stage, high-grade gold-silver deposit with demonstrated underground mine potential. The Holly property straddles the regional Jocotan Fault which forms part of the 400 kilometers (km) long by up to 80 km wide deformation zone that separates the North American and Caribbean plates. The Motagua Norte project has a bonanza-grade gold-silver quartz vein system. The Motagua Norte project covers an area of over 86 square kilometers (km2) land position. The Cirilo 1 exploration license covers an area of over 13.5 km2 and includes the Mila gold anomaly. The 72.68 km2 is under application for exploration licenses.


TSXV:VG - Post by User

Bullboard Posts
Comment by iknowsmthingon Dec 13, 2010 2:10pm
502 Views
Post# 17839223

RE: RE: RE: Merger Approved

RE: RE: RE: Merger ApprovedOOOPS...not sure what language that was in my previous post. Lets try English! he he he 

The New Lexam VG Gold Will Benefit From:

--  Strategic land position: Well positioned around Goldcorp's Dome Mine
    that has produced 17 million ounces of gold;
--  Aggressive exploration: $10.0 million exploration program over next
    twelve months;
-- Strong treasury: Approximately $15.0 million in cash and no debt; and
--  Attractive valuation versus Timmins peer group.


Bullboard Posts