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Alerio Gold Corp V.ALE


Primary Symbol: C.ALE Alternate Symbol(s):  ALEEF

Alerio Gold Corp. is a Canada-based mineral exploration and development company engaged in the business of acquiring and exploring gold properties, with a focus in Guyana, South America. The Company has a 100% interest in two properties located in Guyana, South America. Its properties include Tassawini and Harpy properties. The Tassawini Gold Project totals approximately 3,413 acres (or 1,381 hectares) in size and is located approximately 175 kilometers (km) to the northwest of the capital city of Georgetown, in Guyana, South America. The Tassawini Gold Project is the Company’s principal asset. The Harpy Gold Project is located in the prolific Guiana Shield of South America, approximately 100 km south of the Tassawini Project. Both Tassawini and Harpy properties hold four mining permits. Its Purini Properties has five prospecting permits located near the Purini River in the Mazaruni Mining District No. 3, Guyana.


CSE:ALE - Post by User

Post by CalDudeon Apr 26, 2012 9:44am
124 Views
Post# 19838039

NEWS

NEWS

Terra Firma Acquires Beidelmann-Lyall Graphite Property, in Ontario

VANCOUVER, British Columbia, April 26, 2012 /PRNewswire/ -- Terra Firma Resources Inc. (TSX-V: TFR) (the "Company" or "Terra Firma") is pleased to announce that it has signed a Mineral Property Option Agreement (the "Option Agreement") with Standard Graphite Corp. ("Standard Graphite") pursuant to which Terra Firma has been granted an option (the "Option") to earn a 100%-interest in the Beidelmann-Lyall Graphite Property located in Ontario.

Beidelmann-Lyall Graphite Property:

The Beidelmann-Lyall Graphite Property (the "Property") consists of two claim blocks totaling approximately 625 hectares located approximately 23 kilometers west of the past-producing Black Donald Mine. The Black Donald Graphite Mine was one of the largest and richest Graphite deposits in North America. It had reported historic ore grades of up to 80% Cg (Carbon Graphite). During the last 10 years of mine life the average reported grade was 25-30% Cg. 94% of the total value of Ontario graphite production during that time came from the Black Donald Mine. The Beidelmann-Lyall Graphite Property is accessible via paved and logging roads.

The Company intends to conduct an exploration campaign on the Property commencing immediately, with a complete compilation of historic geologic work followed by surface work, trenching and diamond drilling.

See: https://www.slideshare.net/tomtfr

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