Latest Gitennes Expl Inc [F (GILXF) Headlines
AndeanGold: Urumalqui Ag-Au Project, Peru; 40% Option Agreement Update
Marketwire - Fri Feb 28, 6:31AM CST
AndeanGold Ltd. ("the Company" or "AndeanGold") (TSX VENTURE: AAU)(LMA: AAU) is pleased to announce that the Company has made a $150,000 cash payment to Gitennes Exploration Inc. ("Gitennes), which timely cured the Company's default on the option payment that was scheduled for payment on December 31, 2013 pursuant to the Share Sale and Mining Agreement dated May 17, 2012, as previously amended on May 10, 2013 and September 16, 2013 (collectively, the "Agreement"). The Agreement provides the Company with the right to acquire Gitennes' 40% interest in the Urumalqui Ag-Au Project in Peru (see news releases of May 22, 2012, May 21, 2013 and September 19, 2013).
AndeanGold-Urumalqui Project Update
Marketwire - Fri Jan 03, 11:49AM CST
AndeanGold Ltd. ("the Company" or "AndeanGold") (TSX VENTURE: AAU)(LMA: AAU) announces that the Company has not made the $150,000 payment which was due on December 31, 2013 to Gitennes Exploration Inc. ("Gitennes") pursuant to the amended Share Sale and Mining Agreement dated May 17, 2012 (the "Agreement"). The Agreement provides the Company with the right to acquire Gitennes' 40% interest in the Urumalqui Ag-Au Project (the "Project") in Peru (see news release of May 22, 2012). Pursuant to the Agreement, the Company has 60 days, until March 3, 2014, to cure the default.
AndeanGold Announces Completion of Phase II Infill Drilling Program Urumalqui Advanced-Stage Ag-Au Project, Peru
Marketwire - Wed Jul 17, 6:00AM CDT
AndeanGold Ltd. ("the Company" or "AndeanGold") (TSX VENTURE: AAU)(LMA: AAU) is pleased to announce that it has completed the Phase II infill drilling program (the "Program") on its Urumalqui Advanced-Stage Ag - Au Project (the "Project") located in the Department of Libertad, Peru. The Program was completed in June 2013 and entailed 13 diamond core drill holes, amounting to 2,052.90 metres. All 13 completed holes intersected the Urumalqui Vein as predicted in cross sections prepared by the Company. The drilling was conducted by Explomin Peru S.A., based in Lima, Peru, that also completed the Company's 2011 Phase I infill drilling program on the Project.
AndeanGold Signs Amendment to Agreement to Acquire Gitennes' 40% Interest in Urumalqui Ag-Au Project, Peru
Marketwire - Tue May 21, 6:01AM CDT
AndeanGold Ltd. ("the Company" or "AndeanGold") (TSX VENTURE: AAU)(LMA: AAU) is pleased to announce that Gitennes Exploration Inc. ("Gitennes) and the Company have signed an amendment (the "Amendment") to the Share Sale and Mining Agreement dated May 17, 2012 (the "Agreement") which provides the Company with the right to acquire Gitennes' 40% interest in the Urumalqui Ag-Au Project in Peru (see news release of May 22, 2012). The Amendment revises the timing and certain amounts of future payment obligations stipulated in the Agreement. The scheduled May 17, 2013 payment of $350,000 cash and issuance of 250,000 common shares (the "Shares") of the Company to Gitennes has been amended to a payment of $150,000 cash and the issuance of 107,000 Shares, with the remaining payment of $200,000 cash and issuance of 143,000 Shares rescheduled for payment on September 17, 2013. In addition, the due date for the November 17, 2013 payment obligations, as well the due dates for all remaining future payment obligations stip
Update on Gitennes' Urumalqui Project
CNW Group - Thu Feb 28, 10:39AM CST
Gitennes Exploration Inc. ("Gitennes or the Company", GIT-TSXV) has been advised by AndeanGold Ltd. of the results from a surface channel sampling programme completed over the Candual, La Mariscala East, and La Mariscala South Veins on the Company's Urumalqui Silver-Gold Project in Peru. These veins are located south of the Urumalqui Vein, the principal vein on the Project, which was the focus of AndeanGold's 2010 - 2012 exploration activities. AndeanGold is exploring Urumalqui under the terms of two agreements.
AndeanGold: Urumalqui Ag-Au Project, Peru; 40% Option Agreement Update
Marketwire - Fri Feb 28, 6:31AM CST
AndeanGold Ltd. ("the Company" or "AndeanGold") (TSX VENTURE: AAU)(LMA: AAU) is pleased to announce that the Company has made a $150,000 cash payment to Gitennes Exploration Inc. ("Gitennes), which timely cured the Company's default on the option payment that was scheduled for payment on December 31, 2013 pursuant to the Share Sale and Mining Agreement dated May 17, 2012, as previously amended on May 10, 2013 and September 16, 2013 (collectively, the "Agreement"). The Agreement provides the Company with the right to acquire Gitennes' 40% interest in the Urumalqui Ag-Au Project in Peru (see news releases of May 22, 2012, May 21, 2013 and September 19, 2013).
AndeanGold-Urumalqui Project Update
Marketwire - Fri Jan 03, 11:49AM CST
AndeanGold Ltd. ("the Company" or "AndeanGold") (TSX VENTURE: AAU)(LMA: AAU) announces that the Company has not made the $150,000 payment which was due on December 31, 2013 to Gitennes Exploration Inc. ("Gitennes") pursuant to the amended Share Sale and Mining Agreement dated May 17, 2012 (the "Agreement"). The Agreement provides the Company with the right to acquire Gitennes' 40% interest in the Urumalqui Ag-Au Project (the "Project") in Peru (see news release of May 22, 2012). Pursuant to the Agreement, the Company has 60 days, until March 3, 2014, to cure the default.
AndeanGold Announces Completion of Phase II Infill Drilling Program Urumalqui Advanced-Stage Ag-Au Project, Peru
Marketwire - Wed Jul 17, 6:00AM CDT
AndeanGold Ltd. ("the Company" or "AndeanGold") (TSX VENTURE: AAU)(LMA: AAU) is pleased to announce that it has completed the Phase II infill drilling program (the "Program") on its Urumalqui Advanced-Stage Ag - Au Project (the "Project") located in the Department of Libertad, Peru. The Program was completed in June 2013 and entailed 13 diamond core drill holes, amounting to 2,052.90 metres. All 13 completed holes intersected the Urumalqui Vein as predicted in cross sections prepared by the Company. The drilling was conducted by Explomin Peru S.A., based in Lima, Peru, that also completed the Company's 2011 Phase I infill drilling program on the Project.
AndeanGold Signs Amendment to Agreement to Acquire Gitennes' 40% Interest in Urumalqui Ag-Au Project, Peru
Marketwire - Tue May 21, 6:01AM CDT
AndeanGold Ltd. ("the Company" or "AndeanGold") (TSX VENTURE: AAU)(LMA: AAU) is pleased to announce that Gitennes Exploration Inc. ("Gitennes) and the Company have signed an amendment (the "Amendment") to the Share Sale and Mining Agreement dated May 17, 2012 (the "Agreement") which provides the Company with the right to acquire Gitennes' 40% interest in the Urumalqui Ag-Au Project in Peru (see news release of May 22, 2012). The Amendment revises the timing and certain amounts of future payment obligations stipulated in the Agreement. The scheduled May 17, 2013 payment of $350,000 cash and issuance of 250,000 common shares (the "Shares") of the Company to Gitennes has been amended to a payment of $150,000 cash and the issuance of 107,000 Shares, with the remaining payment of $200,000 cash and issuance of 143,000 Shares rescheduled for payment on September 17, 2013. In addition, the due date for the November 17, 2013 payment obligations, as well the due dates for all remaining future payment obligations stip
Update on Gitennes' Urumalqui Project
CNW Group - Thu Feb 28, 10:39AM CST
Gitennes Exploration Inc. ("Gitennes or the Company", GIT-TSXV) has been advised by AndeanGold Ltd. of the results from a surface channel sampling programme completed over the Candual, La Mariscala East, and La Mariscala South Veins on the Company's Urumalqui Silver-Gold Project in Peru. These veins are located south of the Urumalqui Vein, the principal vein on the Project, which was the focus of AndeanGold's 2010 - 2012 exploration activities. AndeanGold is exploring Urumalqui under the terms of two agreements.
