Griz, Mike Dufresne and geo team have been at the Greenwood Project for approximately two weeks. They have been doing geophysic work, sampling and assessing drill targets. Drills on the Copper Mountain target may be turning as early as this Monday, June 21st!!
Tag: junior
Andean American Expects Invicta to Average 97,931 Oz Gold per Year
News was released this morning for Andean American Mining (TSX.V-AAG) (FWB-AQN) regarding the completion of the Optimized Feasibility Study for the Invicta Project. John Huguet states: “These improvements strengthen an already financially robust model and move us closer to completion of our major financing for Invicta. There is still much to learn about the geology… Continue reading Andean American Expects Invicta to Average 97,931 Oz Gold per Year
Griz and Mike are at NY Hard Assets Conference
Griz and Mike Dufresne (of Apex Geoscience) are both attending the New York Hard Assets Investment Conference being held today and tomorrow (May 10/11, 2010). Mike will be giving a presentation to a captive audience on Grizzly Discoveries.
Andean American Announces US$8 Million Bridge Loan and Gold Offtake Agreement
Andean American Mining (TSX.V-AAG) has announced an agreement with a prominent metals trader to further advance the Invicta project. The agreement is to provide a Bridge Facility in exchange for the right to buy gold and silver production from the Invicta Mine. The Facility is for US $8 million and should close June 1, 2010… Continue reading Andean American Announces US$8 Million Bridge Loan and Gold Offtake Agreement
IR Pro to Attend May 1st 2010 Intnl Asian Investment Forum Presenting Grizzly Discoveries and Andean American Mining
IR Pro Communications will be at the 2010 International Asian Investment Forum being held on Saturday, May 1st at the Sheraton Airport Hotel in Richmond, B.C. The IAIF hours are 10:00 am to 5:00 pm. We will be representing Grizzly Discoveries and Andean American Mining. I will provide further information once a booth number has… Continue reading IR Pro to Attend May 1st 2010 Intnl Asian Investment Forum Presenting Grizzly Discoveries and Andean American Mining
Grizzly Heavily Invested in Greenwood Gold-Mining Startup
EDMONTON — Grizzly Discoveries (TSX V: GZD) said Tuesday it plans to spend $500,000 on an initial exploration program at its Greenwood gold project in British Columbia. It will include geological mapping, sampling, ground geophysics and drilling at two target areas where there is evidence of historic mining activities. One of the areas has yielded… Continue reading Grizzly Heavily Invested in Greenwood Gold-Mining Startup
Andean American Partners with Trafigura
Great news today with Andean American. Trafigura has taken an equity investment in the amount of $3,000,000 and has long term off-take agreements for the sale of the Invicta project’s copper, lead and zinc concentrates. The Company and Trafigura also intend to negotiate a project finance, cost overrun and working capital facility for up to… Continue reading Andean American Partners with Trafigura
Andean American Announces $3M Financing
March 24/10 – Andean American announced a $3 million non-brokered private placement at $0.40. These funds will be used to advance the gold Invicta project and general working capital.
Jr Gold Mining Company
Stay tuned for a new junior gold mining company that I will be introducing the first week of April. This company is priced low and has the potential to be great!
Sinchao Metals Announced a $1 Million Private Placement
Today Sinchao Metals announced a $1 million financing. These funds will go towards advancing the Sinchao project and general working capital.