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Marlin Gold Mining MALZF

Marlin Gold Mining Ltd is engaged in the exploration, development and production of gold and silver in the Americas. The company owns three properties located in Mexico and the USA and a portfolio of royalties. Its properties portfolio includes Commonwealth project, Arizona, United States; Gavilanes Project, Durango, Mexico; and La Trinidad Mine, Sinaloa, Mexico.


OTCPK:MALZF - Post by User

Bullboard Posts
Comment by sweatmanon Jun 20, 2014 5:25pm
243 Views
Post# 22681391

RE:Marlin gold mining

RE:Marlin gold mining

Does this help explain:

....from the Marlin release:

Advancement of Golden Reign streaming transaction

An internal scoping study at Golden Reign Resource Ltd.'s San Albino gold project in Nueva Segovia, Nicaragua, was recently completed. Prepared by Sonoran Resources LLC, the nominated EPCM (engineering, procurement and construction management) firm, it is anticipated that this scoping study will form the basis of a preliminary economic assessment, which will provide the details of the mine design and plant throughput capacity, with the objective of bringing the San Albino gold project into production as quickly and efficiently as possible using Sonoran Resources as the nominated EPCM contractor.

 

Marlin and Sailfish Royalty Corp. are pleased to announce that negotiations on the principal transactional documents for the equity and streaming transaction have continued to progress. Subject to the satisfaction of the remaining conditions, including finalization of the security documents by local Nicaraguan counsel, the parties expect that the Golden Reign transaction will close in the coming weeks. 

With Marlin's skookum mill setup in Mexico and (only) the promise of more gold in the ground...and then you have the excellent exploration work done in Nicaragua by V.GRR...it looks like Marlin may be being groomed for a take-over by the Golden Reign crowd. 

 

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