Andes will file its new NI 43-101 technical report as soon as it is available.
FORWARD-LOOKING STATEMENT -- Although Minera
Andes believes many of its properties have promising potential, its properties are in the early stages of exploration.
Yanacocha is the largest gold producer in Latin America.
Geologist and Exploration Manager for Minera
Parmount in Peru, a qualified person as defined by Canadian National Instrument 43-101.
In comments to a group of analysts here, Minera
Yanacocha General Manager Carlos Santa Cruz noted that the mine will reach the 20 million-ounce reserve mark after being in production for only five years.
We are very pleased that Minera
ABX has agreed on the terms of our proposal".
is the second acquisition in as many months for the Anglesey headquartered firm following the purchase of R W Almond Builders Merchants in September.
The Korean-Japanese Posco Consortium, which includes Posco Ltd, Mitsui & Co Ltd, Daewoo International Corp and Minera
Li Energu Spa will take part in the bid along with the Chilean firms Sociedad Legal Minera
NX UNO of Peine, majority owned Errazuriz Group and the Sociedad Quimica y Minera
de Chile (SQM).
GOLD producer Minera
IRL has suffered a poor performance on the stock market, but the recent fall is undeserved and reflects general market nervousness.
Talks are progressing to take over Minera
Quarry, near Wrexham, and turn it into a tourist attraction.
OB) announced today the closing of a share exchange transaction with the shareholders of Sociedad Minera
Catalyst" or "the Company") announces that it has provided Minera
Torre de Oro SA de CV, a Mexican subsidiary of Teck Resources Limited, ("Teck") Notice (the "S-1 Expenditure Notice") that it has incurred +US$10 million of Expenditures and completed the required Work Commitments in accordance with the agreement (the "Agreement"), dated December 21, 2009, between Teck and Minera
Hill 29 SA de CV ("Minera
Hill", Catalyst's wholly owned Mexican subsidiary).