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Alerio Gold Corp V.ALE


Primary Symbol: C.ALE Alternate Symbol(s):  ALEEF

Alerio Gold Corp. is a Canada-based mineral exploration and development company engaged in the business of acquiring and exploring gold properties, with a focus in Guyana, South America. The Company has a 100% interest in two properties located in Guyana, South America. Its properties include Tassawini and Harpy properties. The Tassawini Gold Project totals approximately 3,413 acres (or 1,381 hectares) in size and is located approximately 175 kilometers (km) to the northwest of the capital city of Georgetown, in Guyana, South America. The Tassawini Gold Project is the Company’s principal asset. The Harpy Gold Project is located in the prolific Guiana Shield of South America, approximately 100 km south of the Tassawini Project. Both Tassawini and Harpy properties hold four mining permits. Its Purini Properties has five prospecting permits located near the Purini River in the Mazaruni Mining District No. 3, Guyana.


CSE:ALE - Post by User

Comment by radar17on Jul 23, 2014 4:08pm
116 Views
Post# 22775232

RE:Management says, that they are still reviewing Marijuna

RE:Management says, that they are still reviewing Marijuna
management also said "The Company announced that it had decided notto proceed with a non-disclosure agreementsigned with a private company as previously announced in a news release dated June 5, 2014"

management also said, "The Lac des Iles Graphite Property is well located in an attractive mining jurisdiction with excellent logistics. We are fortunate to add this asset to our property portfolio and will initiate exploration as soon as possible.""

And "The Company intends to conduct an exploration campaign on the (Beidelann-Lyall Graphite Property in Ontario) Property commencing immediately, with a complete compilation of historic geologic work followed by surface work, trenching and diamond drilling.

Before that the management said, "The Company has determined that greater clarity is required on the practical implementation and effects of the recently announced Indonesian presidential decree, pursuant to which international mining companies in Indonesia will be required .... Therefore the Company will put on hold any further activity in Indonesia and will change its focus to mineral prospects in Canada."

and "the Company also made the decision not toproceed with the exploration on the Beidelann-Lyall Graphite Property in Ontario and the Lac des Iles East Graphite Property in Quebec. Consequently, deferred acquisition andexploration costs totaling $386,243 were written off ..."

and what did management say about that wonderful "American Boy" property?

I'm sorry, I interrupted, you were saying something about what Management says...?
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