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Volcanic Gold Mines Inc T.VG


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

Metals & Mining Industrial Metals & Minerals
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

Volcanic Gold Mines Inc
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Comment by MrGRPon Jul 17, 2014 2:38pm
298 Views
Post# 22756470

RE:RE:RE:RE:Veris Gold Corp. Obtains Extension of CCAA Stay Period

RE:RE:RE:RE:Veris Gold Corp. Obtains Extension of CCAA Stay PeriodIt is my understanding that you are mistaken about the operating capital.

They are still running the mines and the mill, without having to pay DB they are obviously coming out ahead as they are processing between 3000 and 4500 tons per day.

That should leave them plenty of operating capital to see them through the CCAA.


Bullboard Posts
Dealroom for high-potential pre-IPO opportunities