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KAMINAK GOLD CORPORATION V.KAM

"Kaminak Gold Corp was incorporated on July 4, 2005 under the Business Corporations Act (British Columbia). The Company is an exploration stage company. It focuses on the acquisition, exploration and development of economic gold and other precious and base metal properties. The projects of the Company include Michigan Potash Project, Michigan. The Company is interested in exploration properties in Canada and the United States."


TSXV:KAM - Post by User

Comment by phoenix_traderon Apr 18, 2016 11:47am
180 Views
Post# 24779191

RE:RE:RE:RE:RE:RE:Sold a third

RE:RE:RE:RE:RE:RE:Sold a thirdTwo licences are required, the first is a Quartz Mining Licence, the second is the Water Licence. YESAB is the Yukon agency that processes the applications. Victoria Gold's Eagle project received the Water Licence late 2015. The last two Quartz Mining licences involved about 800 days to process and the Water licence about a year. That's over three years of dealing with special interest groups (who seem to find consultants who will say anything you want) and then convincing YESAB that your folks are right. Election years can derail your project. VIT to my mind with 1/3 of KAM's MC and having now hired KAM's FS engineers is years ahead of KAM in building a mine.
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