Volcanic Gold Mines Inc V.VG

Alternate Symbol(s): VLMZF

Metals & Mining Industrial Metals & Minerals

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.

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Volcanic Gold Mines Inc

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Comment by Dutchmastahon Mar 23, 2012 1:08pm

253 Views

Post# 19710515

RE: RE: RE: RE: Lots of activity @ market open

Thanks for posting goldenTOE, I didnt see the news from my broker anywhere. Wow so only 3 million shares will be available if this goes through. I understand that it's tough to raise capital when your share price is only 5-6 cents.

Thoughts? How much money do people invested in the company predict they plan on raising? 1-2 million?

Dutch

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