Volcanic Gold Mines Inc T.VG

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

Metals & Mining Gold

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

Volcanic Gold Mines Inc

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Post by spazzmanon Dec 31, 2010 5:23pm

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Post# 17913509

NEWS RELEASE

Standard & Poor's Announces Changes in the S&P/TSX Venture Composite Index
TORONTO, Dec. 31, 2010 (Canada NewsWire via COMTEX News Network) --
Standard & Poor's will make the following changes in the S&P/TSX Venture Composite Index after the close of trading on Friday, December 31, 2010:
-- Lexam Exploration Inc. (TSXVN:LEX) will be removed from the index. The shares of the company have been acquired by VG Gold Corp. pursuant to an Arrangement Agreement.
Company additions to and deletions from an S&P equity index do not in any way reflect an opinion on the investment merits of the company.
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About McGraw-Hill Financial
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SOURCE: Standard & Poor's Canadian Index Operations
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