Amilot Capital Inc V.ACI.H

Alternate Symbol(s): FMXVF

Metals & Mining Gold

Amilot Capital Inc. is a Canada-based gold exploration and development company with contractual interests in gold properties in Colombia, South America. Its mineral properties are the Ancal/Marmato Project, located in the Marmato/Caramanta district in the Caldas and Antioquia Departments of Colombia, and the Nortol project, including the Papayo property, located in the northern part of the Tolima Department of Colombia. The Ancal property holds 32 mining concessions, exploitation licenses and applications for mining concessions, covering a total area of over 21,382 hectares (ha). The Nortol property holds 29 mining concessions and applications for mining concessions, covering a total area of over 39,546 ha. The Nortol property is an emerging new gold belt with high grade veins and limited historic exploration. The Papayo property includes existing underground mining works known as the El Papayo mine, comprised of over 400 meters of galleries over an area of around 15,000 square meters.

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Amilot Capital Inc

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Post by mamothon May 21, 2012 8:40am

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Post# 19930525

ANGLO TO INVEST $400M IN COLOMBIA

CARTAGENA, Colombia – AngloGold Ashanti, the world's No. 3 gold producer, plans to invest $400-million in Colombia in the 2013-2015 period at its La Colosa deposit and other gold exploration projects, a company executive said on Friday.

Some $300-million is earmarked for exploration work at La Colosa, Colombia's largest gold deposit, located in the southern Tolima province.

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