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BlackRock Virginia Municipal Bond Trust V.BHV


Primary Symbol: BHV

BlackRock Virginia Municipal Bond Trust (the Trust) is a closed-end management investment company. The Trust's investment objective is to provide current income exempt from regular United States federal income tax and Virginia personal income taxes. The Trust seeks to achieve its investment objectives by investing primarily in municipal bonds exempt from United States federal income taxes (except that the interest may be subject to the United States federal alternative minimum tax) and Virginia personal income taxes. The Trust invests, under normal market conditions, at least 80% of its managed assets in municipal bonds that are investment grade quality at the time of investment or, if unrated, determined to be of comparable quality at the time of investment by the Trust's investment adviser. The Trust may invest directly in such securities or synthetically through the use of derivatives. The Trust's investment adviser is BlackRock Advisors, LLC.


NYSE:BHV - Post by User

BlackRock Virginia Municipal Bond Trust > News sept 18
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Post by arielplson Sep 18, 2013 6:34am
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Post# 21747733

News sept 18

News sept 18News this morning.

https://www.marketwired.com/press-release/bellhaven-receives-favourable-preliminary-economic-assessment-its-100-controlled-la-tsx-venture-bhv-1831901.htm


Bellhaven Receives Favourable Preliminary Economic Assessment for its 100%-Controlled La Mina Gold-(Copper, Silver) Project, Colombia
PEA Study Highlights La Mina as One of the Lowest Cost Gold Development Projects with Total Cash Costs of $408/oz (Net of By-Product Credits)
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 18, 2013) - Bellhaven Copper & Gold Inc. (TSX VENTURE:BHV) ("Bellhaven" or the "Company") is pleased to announce the results of the preliminary economic assessment study (the "PEA Study') for its wholly-controlled La Mina gold-(copper, silver) project ("La Mina", the "La Mina Project", or the "Project") located in the Department of Antioquia, Colombia.
The PEA Study defines a standard, truck-and-shovel, open-cut mining operation to produce gold-copper-silver commercial concentrates by conventional milling and concentrating. The PEA concludes that the Project is financially robust with an estimated NPV@ 8% of US$262 million/$172 million (before/after tax) and an internal rate of return ("IRR") of 33.5%/26.4% (before/after tax). A key highlight of the Study is the $408/oz total cash cost (net of by-product credits, life of mine), making La Mina one of the lowest cost gold development projects in the Americas. Project highlights are summarized in Table 1 below.
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