Batero Gold Corp V.BAT

Alternate Symbol(s): BELDF

Metals & Mining Gold

Batero Gold Corp. is a Canada-based precious and base metals advanced exploration company. The Company is engaged in the exploration and development of mineral property interests in Colombia. The Company is in the process of exploring and evaluating its exploration and evaluation assets. It focuses on developing the La Cumbre Gold Project in Risaralda, Colombia. La Cumbre is located within the Company's 100% owned Batero-Quinchia Gold Project. The Batero-Quinchia Gold Project encompasses multiple porphyry gold target centers. The Batero-Quinchia Project is located within the Municipality of Quinchia, Department of Risaralda, Republic of Colombia, approximately 55 kilometers (km) to the north of the regional capital, Pereira. The property consists of approximately 1,407 hectares (ha) tenement. Its new exploration drilling discovery at Matecana, located approximately 800 meters southeast of La Cumbre porphyry.

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Batero Gold Corp

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Post by pharmacist78on Sep 14, 2016 2:48pm

55 Views

Post# 25237019

project economics dramatically changed?

if u see the PEA of 2013 batero offered and look the dramatically drop of the colombian peso, you can expect a very positive change of the economics , just like RIO NOVO GOLD did in their last NR from August(same withe the brasilien currancy)

so even if POG is not as high as it should, the economics improve .....

the only question is, when do we here anything from managment???

we should expect a new resource estimate, drill results, Maybe new PEA........hopefully soon we get relief.-)

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