By:Rhinegold About the Abitibi Greenstone Belt A
Post# of 2102
Posted On: 02/06/2014 10:59:40 PM
By: Rhinegold
About the Abitibi Greenstone Belt An example of a Greenstone Belt: The Abitibi
The Abitibi Greenstone Belt is one of the largest greenstone belts in the world. Spanning the Ontario-Quebec border, exploration is still underway on this deposit, which has already proven to host significant deposits of gold. To date, the Abitibi Greenstone Belt has generated over 160 million ounces of gold.
Read: http://www.wealthdaily.com/articles/abitibi-g...-gold/2209 A newly discovered region in Eastern Canada has already yielded more gold than in Fort Knox... over 160 million ounces.
The gold — worth US$192 billion today — was discovered as part of a massive geologic occurrence that straddles Ontario and Quebec.
This region is getting more attention than ever from investors because of its excellent infrastructure, safety, low development costs, and great history of high-grade, multi-million ounce gold discoveries.
It's called the...
Abitibi Greenstone Belt
The Abitibi (ab'i-tib'e) Greenstone Belt is one the largest greenstone belts in the world. These geologic bodies are considered prime hunting grounds for large mineral deposits of metals including gold, silver, copper, and zinc.
The Abitibi Belt is one of a handful of major mineral regions that extends from the great gold discoveries of Alaska to Greenland, where my colleague Ian Cooper is getting a piece of the country's $273 billion worth of rare earth elements. The Abitibi has already been proved to host significant deposits of gold. In total, the Abitibi Greenstone Belt has generated over 160 million ounces of gold.
--Just thinking out loud..
Canadian Goldcorp (TSX:G) (NYSE:GG) has kicked off the week with a $2.6-billion hostile bid for fellow fold miner Osisko Mining (TSX:OSK) that would grant the Vancouver-based company access to the Malartic mine in Quebec.
The proposed deal is in the form of 0.146 of a Goldcorp share plus $2.26 in cash for each Osisko common share, for a total value of $5.95 per share, Goldcorp said in a news release Monday.
Vancouver-based Goldcorp says the unsolicited transaction offers a 15% premium over Quebec-based Osisko’s latest closing share price on Friday.
The Canadian Malartic, Osisko's only operating mine and main asset, has the potential to produce 500,000 to 600,000 ounces of gold per year over its 16-year mine life, according to the firm.
Goldcorp already has a gold project in Quebec – Éléonore, set to begin production later this year.
If it goes through, the proposed deal will make Goldcorp, which already is world's largest gold miner by market capitalization, the No. 1 gold producer in the province of Quebec.
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Osisko is a Canadian precious-metals mining company headquartered in Montreal, Quebec. It operates in Canada with a focus on gold mines in the Abitibi gold belt[2] of Quebec.[3]
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-Canwealth Minerals Corporation - is a mineral exploration and mining company actively searching for gold, silver, PGE, base metal and REE mineral deposits in Quebec. At the present time the company holds 9 Mining properties (268 Claim cells) in Northern Quebec's Abitibi region and the James Bay basin including addition exploration camps in South Western Quebec for a total of 38,573 acres under management and is 100% owned by Canwealth Minerals Corp.
-BIG MONEY IN THAT GROUND--Look at historicals of the regional zone
http://investorshub.advfn.com/boards/read_msg...d=96931054
About the Abitibi Greenstone Belt An example of a Greenstone Belt: The Abitibi
The Abitibi Greenstone Belt is one of the largest greenstone belts in the world. Spanning the Ontario-Quebec border, exploration is still underway on this deposit, which has already proven to host significant deposits of gold. To date, the Abitibi Greenstone Belt has generated over 160 million ounces of gold.
Read: http://www.wealthdaily.com/articles/abitibi-g...-gold/2209 A newly discovered region in Eastern Canada has already yielded more gold than in Fort Knox... over 160 million ounces.
The gold — worth US$192 billion today — was discovered as part of a massive geologic occurrence that straddles Ontario and Quebec.
This region is getting more attention than ever from investors because of its excellent infrastructure, safety, low development costs, and great history of high-grade, multi-million ounce gold discoveries.
It's called the...
Abitibi Greenstone Belt
The Abitibi (ab'i-tib'e) Greenstone Belt is one the largest greenstone belts in the world. These geologic bodies are considered prime hunting grounds for large mineral deposits of metals including gold, silver, copper, and zinc.
The Abitibi Belt is one of a handful of major mineral regions that extends from the great gold discoveries of Alaska to Greenland, where my colleague Ian Cooper is getting a piece of the country's $273 billion worth of rare earth elements. The Abitibi has already been proved to host significant deposits of gold. In total, the Abitibi Greenstone Belt has generated over 160 million ounces of gold.
--Just thinking out loud..
Canadian Goldcorp (TSX:G) (NYSE:GG) has kicked off the week with a $2.6-billion hostile bid for fellow fold miner Osisko Mining (TSX:OSK) that would grant the Vancouver-based company access to the Malartic mine in Quebec.
The proposed deal is in the form of 0.146 of a Goldcorp share plus $2.26 in cash for each Osisko common share, for a total value of $5.95 per share, Goldcorp said in a news release Monday.
Vancouver-based Goldcorp says the unsolicited transaction offers a 15% premium over Quebec-based Osisko’s latest closing share price on Friday.
The Canadian Malartic, Osisko's only operating mine and main asset, has the potential to produce 500,000 to 600,000 ounces of gold per year over its 16-year mine life, according to the firm.
Goldcorp already has a gold project in Quebec – Éléonore, set to begin production later this year.
If it goes through, the proposed deal will make Goldcorp, which already is world's largest gold miner by market capitalization, the No. 1 gold producer in the province of Quebec.
---------------------
Osisko is a Canadian precious-metals mining company headquartered in Montreal, Quebec. It operates in Canada with a focus on gold mines in the Abitibi gold belt[2] of Quebec.[3]
----------------------
-Canwealth Minerals Corporation - is a mineral exploration and mining company actively searching for gold, silver, PGE, base metal and REE mineral deposits in Quebec. At the present time the company holds 9 Mining properties (268 Claim cells) in Northern Quebec's Abitibi region and the James Bay basin including addition exploration camps in South Western Quebec for a total of 38,573 acres under management and is 100% owned by Canwealth Minerals Corp.
-BIG MONEY IN THAT GROUND--Look at historicals of the regional zone
http://investorshub.advfn.com/boards/read_msg...d=96931054
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