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Golconda Gold Ltd GG


Primary Symbol: V.GG Alternate Symbol(s):  GGGOF

Golconda Gold Ltd. is a Canada-based un-hedged gold producer and explorer with mining operations and exploration tenements in South Africa and New Mexico. The Company operates through its wholly owned subsidiary, Galane Gold Mines Ltd., two assets: a producing gold mine which also has the rights to certain mineral exploration tenements (the mine and mineral exploration tenements collectively, the Galaxy Property) located in the Republic of South Africa (South Africa) through subsidiaries located in South Africa, and a gold and silver mine and processing infrastructure located in the United States of America (the Summit Property) that is in care and maintenance. The Galaxy gold is situated approximately eight kilometers (km) west of the town of Barberton and 45 km west of the provincial capital of Nelspruit in the Mpumalanga Province of South Africa. The property covers approximately 58.6 square kilometers (km2) is part of the prolific Barberton Greenstone Belt.


TSXV:GG - Post by User

Bullboard Posts
Post by BBXon Jul 08, 2013 2:50pm
156 Views
Post# 21594655

Eleonor project safe fire extinguished

Eleonor project safe fire extinguished

Goldcorp Inc (2) (C:G)
Shares Issued 812,089,691
Last Close 7/5/2013 $25.46
Monday July 08 2013 - News Release

Mr. Chuck Jeannes reports

FOREST FIRE EXTINGUISHED NEAR GOLDCORP'S ELEONORE PROJECT

A period of rain in the James Bay region of Quebec has extinguished a forest fire that had previously threatened Goldcorp Inc.'s Eleonore gold project. Cooler temperatures and shifting winds have eliminated the smoke at site, and a resumption of fuel and supply deliveries to the site has been authorized by the Public Safety Department. The crew that had remained at site to manage and implement preventive emergency measures remains safe. All infrastructure and equipment at Eleonore, including power and communications, were undamaged. The Eleonore project team will immediately commence the remobilization of the project team to site with no material impacts to the construction schedule expected.

"The emergency team at Eleonore deserves special recognition for their efforts to preserve the safety and well-being of our people, facilities and others affected by the fire," said Chuck Jeannes, Goldcorp president and chief executive officer. "The pace of development at Eleonore has been impressive, and we look forward to the resumption of work there very soon."

We seek Safe Harbor.

/quote]
Bullboard Posts