Penbar Capital Ltd V.PEM

Primary Symbol: V.PEM.P

Penbar Capital Ltd. is a Canada-based capital pool company. The principal business of the Company is to identify and evaluate opportunities for the acquisition of an interest in assets or businesses and, once identified and evaluated, to negotiate an acquisition or participation by completing a qualifying transaction. The activities of the Company are initially limited to the efforts to identify and evaluate the acquisition of assets and business, which would represent a qualifying transaction for regulatory purposes. The Company has not commenced commercial operations and has no significant assets.

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Penbar Capital Ltd

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Post by rallydriveron Aug 16, 2012 8:20pm

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Post# 20227388

news

Below is a table from the news release:

Idaho Gold Project May 2012 Mineral Resource Estimate
Indicated Pit Resource				Inferred Pit Resource
Cut-off g/t Au	Tonnes (000's)	Au g/t	oz Au	Cut-off g/t Au	Tonnes (000's)	Au g/t	oz Au
0.30	25,635	0.82	675,000	0.30	8,044	0.66	170,000
0.35	23,755	0.86	655,000	0.35	6,877	0.71	157,000
0.40	21,545	0.91	629,000	0.40	5,923	0.77	146,000
0.45	19,862	0.95	605,000	0.45	5,282	0.81	137,000
0.50	18,078	1.00	578,000	0.50	4,586	0.86	127,000
0.55	16,214	1.05	547,000	0.55	4,029	0.91	117,000
0.60	14,736	1.10	520,000	0.60	3,670	0.94	111,000
0.65	13,441	1.14	494,000	0.65	3,381	0.97	105,000
0.70	12,205	1.19	467,000	0.70	3,054	1.00	98,000