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Volcanic Gold Mines Inc T.VG


Primary Symbol: V.VG Alternate Symbol(s):  VLMZF

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.


TSXV:VG - Post by User

Bullboard Posts
Comment by MrGRPon Feb 28, 2013 9:21am
188 Views
Post# 21054367

RE: New NR - Drill Results

RE: New NR - Drill Results

sounds like it could be the makings for some open pit mining ? I know Jerrit had some good results from open pit in the past and cost to recover the ore is significantly  less ... there has been talk of that in the past and maybe if we continue to get good shallow results we can look at making that a reality. Reasonable in price to start and  open pit would producte the ore we need to significantly increase production and results. 

Bullboard Posts