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Infinito Gold Ltd V.IG.H

Alternate Symbol(s):  IGFFF

Infinito Gold Ltd. is a Canada-based development-stage exploration company. The Company is engaged in the acquisition, exploration and development of mineral interests primarily in Costa Rica. The Company was focused on its development activity on the Crucitas project located in Northern Costa Rica. The Company has no producing properties and generates no revenue. The Company's subsidiary is Industrias Infinito S.A.


TSXV:IG.H - Post by User

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Post by sancabon Feb 05, 2013 9:11am
126 Views
Post# 20939196

in the news...

in the news...Constitutional Court upholds ban on open pit miningPublishd on February 1st, 2013Written by: Inside Costa Rica StaffNextFebruary 1st, 2013 (InsideCostaRica.com) Costa Rica’s constitutional court unanimously dmissed a motion in which the Costa Rican Mining Industry Association argued that the current Mining Code was unconstitutional. The plaintiff argued that the ban on open pit mining, and the consequent inability to receive extensions or renewals of concessions granted prior to the ban, was unconstitutional. However, judges disagreed and flatly rejected the case.  The judges concluded that the ban did not violate any constitutional right, and that the legislature is within its right to approve such a restriction.  Judges all emphasized that the ban was not selective in banning only Canadian companies (which were involved in the industry previously), but applies to companies from any country.>
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