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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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Post by MrGRPon Jul 24, 2014 8:32pm
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Post# 22780383

Veris Gold Corp. Granted Provisional Relief in the United St

Veris Gold Corp. Granted Provisional Relief in the United StVancouver, BC – July 24, 2014 – Veris Gold Corp. (“Veris” or the “Company”) (OTCQB: YNGFF) has been granted provisional relief under Section 1519 of the Bankruptcy Code in the United States as of July 23, 2014. This ruling recognizes the Canadian proceeding of Companies' Creditors Arrangement Act (“CCAA”) and as a result protects the assets of the Company and the interests of the creditors until such time as a ruling on the Petition for Recognition and Chapter 15 Relief is granted.

All inquiries regarding Veris’ CCAA proceedings should be directed to the Monitor, Ernst & Young: Mr. Rocky Ho at (604) 891-8425. Information about the CCAA proceeding, including copies of all court orders and the Monitor's reports, is available at the Monitor's website: www.ey.com/ca/verisgold.


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