Gold Torrent Inc. (GTOR) 0.3500 $GTOR Miranda a
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Posted On: 09/15/2016 3:12:14 AM
Gold Torrent Inc. (GTOR) 0.3500 $GTOR
Miranda and Prism Begin Drilling Epithermal System at the Cerro Oro Project, Colombia
Filing Services Canada XHTML - Wed Aug 24, 8:16AM CDT
MAD.VN: 0.160 (unch), PRS.VN: 0.200 (unch)
Miranda Gold Files Updated Technical Report for the Willow Creek Project, Alaska
Filing Services Canada XHTML - Thu Apr 14, 6:04AM CDT
MAD.VN: 0.160 (unch)
Miranda Gold Announces Promotion of Joseph Hebert to CEO and Results of Annual General Meeting of Shareholders
Filing Services Canada XHTML - Thu Jan 28, 5:56PM CST
MAD.VN: 0.160 (unch)
Miranda Acquires Rights to Purchase 3.3% Royalty at Willow Creek and Extends Gold Torrent
Filing Services Canada - Thu Oct 22, 6:03AM CDT
Miranda Acquires Rights to Purchase 3.3% Royalty at Willow Creek and Extends Gold Torrent
MAD.VN: 0.160 (unch)
Miranda Signs Lease to Consolidate Antares Project in Colombia
Filing Services Canada XHTML - Thu Oct 15, 6:00AM CDT
MAD.VN: 0.160 (unch)
Miranda Gold Provides Corporate Update
Filing Services Canada - Tue Mar 03, 6:04AM CST
Miranda Gold Provides Corporate Update Vancouver, British Columbia (FSCwire) - Miranda Gold Corp. ("Miranda"
(TSX-V: MAD) is pleased to provide an update on its activities in Colombia and Alaska as well as the monetization of its remaining Nevada projects. In all, Miranda expects to see partner spending on Miranda projects of $1.5-$1.75 million in 2015. In addition to partner-funded projects, Miranda has a budget for generative work in Colombia that is outside of the Strategic Alliance and outside of the Department of Antioquia. Prospect Generator/Joint Venture Model Miranda continues to adhere to the Prospect Generator and Joint Venture model and as a result expects to see the following partners fund activities in projects in both North and South America. Agnico Eagle Mines Limited (AEM:TSX)(Agnico) will fund 70% (Miranda 30%) of programs under a Strategic Alliance agreement. Funds are allocated toward project generation in the Antioquia Department of Colombia. Miranda is operator. If a Designated Property is accepted into a joint venture by Agnico, Agnico could earn up to a 70% interest in that project by sole funding work programs until it earns its interest. Prism Resources Inc. (NEX
RS.H) is funding an initial exploration program at the Cerro Oro project in the Caldas Department of Colombia. Miranda is also operator of this project. The 2015 program will comprise permitting and property wide geochemical and geologic surveys. Gold Torrent Inc. (GTOR:OTCBB) is designing and permitting a small high-grade underground mine at the Willow Creek, Alaska project. A new NI 43-101 Resource Estimate and Preliminary Feasibility Study will be highlights of this years program. Montezuma is hoping to fund a drill project at the Red Canyon property pending finalization of joint venture terms. Colombia Oribella Miranda submitted a Target Report to Agnico in the 4th quarter of 2015 as the first step towards possible acceptance of Oribella as a Designated Property pursuant to the Strategic Alliance agreement. Once a property is submitted, Agnico can: (1) accept it as a joint venture whereby they would be solely responsible for funding future exploration; (2) reject the project at which time Miranda can seek a 3rd party joint venture; or (3) request that specific additional work be done to demonstrate that the property has the size potential to be of interest to Agnico. Agnico has requested trenching and channel sampling to demonstrate continuity of mineralization (gold and copper) prior to considering Oribella as a Designated Property. This work is underway and once samples are assayed a revised report will be submitted to Agnico. Miranda also recently met with the president of the Agencia National de Mineria (ANM) to request assistance in obtaining a license for the northern part of the property which is currently held under a mining application. Assurances were given that the government would work with us on the license. Cerro Oro Cerro Oro is a low-sulfidation epithermal gold system that lies approximately 14 km southwest of the Marmato (14 M ounces) mine. Currently, Miranda is conducting a Consulta Previa or consultation with local and indigenous peoples near the project as a requirement of the Colombian mining law. Once this permit is obtained a mapping, trenching and a soil sampling program funded by Prism Resources will begin with the aim of delineating drill targets for the 2016 season. Prism Resources will also commission a technical report on the property. Pavo Real Red Eagle Mining recently terminated the joint venture agreement at Pavo Real in order to focus its time and treasury on permitting and building their San Ramon underground mine. Red Eagle drill tested several target areas and conducted property wide geochemical surveys, spending $4 million on the project. Soil sampling on the south end of the property produced a large untested gold anomaly and Miranda is seeking a new partner to drill test this area. Willow Creek, Alaska Gold Torrent plans to fast-track the Coleman deposit into production in 24 to 30 months. Initial production estimates are for 21,000 ounces of gold annually from the mining and milling of 150 tons per day. Gold Torrent anticipates achieving +80% recovery through gravity (tables and spiral concentrators) without the use of chemicals which should expedite permitting. Expected milestones for 2015 include: A new resource estimate based on independent review and modeling of deposit. This report is anticipated within two months and the expectation is that the resource will increase in size. Completion of a Preliminary Feasibility Study by mid-2015. This document will provide both Gold Torrent and Miranda shareholders insight into the capital and operating costs, cash flows and internal rate of return of mining the Coleman deposit. Mine planning. Gold Torrent is in the process of determining the optimum way to access the Coleman deposit for the least amount of capital. Life of Mine production scheduling. Mill process design and location. Initiate all aspects of permitting including baseline studies, water, air, and discussions with local communities and area stakeholders. Possible rehabilitation of the Enserch tunnel to access the Lucky Shot vein system for production and drilling. While no drilling is planned for 2015, modeling of the old underground workings, drill holes and underground samples will provide targets for 2016. Both companies agree that with the rehabilitation of the Enserch tunnel, targets can be best drilled from underground drill stations. Nevada Red Canyon Miranda is hoping to finalize a joint venture/purchase agreement with Montezuma Mines pending consent to assignment of the lease by the owner to Montezuma. Red Hill, Iron Point, Kibby Flats and Mustang Miranda has monetized its four remaining Nevada holdings in order to focus on Colombia. This decision was made not because we no longer believe Nevada will yield discoveries but rather we feel that we can make a significant discovery in Colombia sooner than in Nevada. We feel that Colombia, as a frontier jurisdiction with its rich mineral endowment, will provide the fastest route to a large grassroots discovery. On March 2, 2015, Miranda announced an agreement with European Uranium Resources Ltd. (EUU) whereby, subject to regulatory approval, Miranda will sell and or assign its interest in the four properties for an 8% equity interest in EUU (subject to its reorganization), the retention of a royalty interest (NSR) ranging from 1% to 2% in all four properties and the commitment by EUU of conducting a modest drill program on the Mustang property. Qualified Person Data disclosed in this press release have been reviewed and verified by Mirandas Executive Vice President Joseph Hebert, C.P.G., B.Sc. Geology, and Qualified Person as defined by National Instrument 43-101. About Miranda Miranda is a gold exploration company active in Nevada, Alaska and Colombia, whose emphasis is on generating gold exploration projects with world-class discovery potential. Miranda performs its own grass roots exploration and then employs a joint venture business model on its projects in order to maximize exposure to discovery while minimizing exploration risk. Miranda has ongoing relationships with Agnico Eagle Mines Limited, Prism Resources, Gold Torrent Inc., and Montezuma Mines Inc. For more information related to Miranda: Joe Hebert, Executive Vice President 775-340-0450 www.mirandagold.com Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release contains forward-looking statements that are based on the Company's current expectations and estimates. Forward-looking statements are frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "suggest", "indicate" and other similar words or statements that certain events or conditions "may" or "will" occur. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual events or results to differ materially from estimated or anticipated events or results implied or expressed in such forward-looking statements. Such factors include, among others: the actual results of current exploration activities; conclusions of economic evaluations; changes in project parameters as plans to continue to be refined; possible variations in ore grade or recovery rates; accidents, labour disputes and other risks of the mining industry; delays in obtaining governmental approvals or financing; and fluctuations in metal prices. There may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein. Notice to US investors: U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. This press release uses the terms measured resources, "indicated resources" and "inferred resources", which are estimated in accordance with the Canadian National Instrument 43-101 and the Canadian Institute of Mining and Metallurgy Classification system. We advise investors that while those terms are recognized and required by Canadian regulations, the U.S. Securities and Exchange Commission does not recognize them. U.S. investors are cautioned not to assume that any part or all of mineral deposits in these categories will ever be converted into reserves. In addition, "Inferred resources" have a great amount of uncertainty as to their existence, and great uncertainty as to their economic and legal feasibility. It cannot be assumed that all or any part of an Inferred Mineral Resource will ever be upgraded to a higher category. Under Canadian rules, estimates of Inferred Mineral Resources may not form the basis of feasibility or pre-feasibility studies, except in certain exceptional cases. U.S. investors are cautioned not to assume that part or all of an inferred resource exists, or is economically or legally minable. To view this press release as a PDF file, click onto the following link: http://www.fscwire.com/sites/default/files/ne...032015.pdf Source: Miranda Gold Corp. (TSX Venture:MAD) http://www.mirandagold.com/s/Home.asp Maximum News Dissemination by FSCwire. http://www.fscwire.com Copyright(C)2015 Filing Services Canada Inc.
MAD.VN: 0.160 (unch)
Gold Torrent, Inc. Announces Planned Private Placement for up to $2,000,000
Marketwired - Mon Jan 05, 9:30AM CST
Gold Torrent, Inc. (OTCQB: GTOR) ("Gold Torrent" or the "Company" , a junior mining company focused on the development of high grade gold properties in North America, announced today that it intends to raise up to $2,000,000 pursuant to a private placement offering (the "Offering" at a price of $0.25 per common share.
Miranda Gold Signs Joint Venture Agreement to Advance High-Grade Willow Creek Project Towards Production
Filing Services Canada XHTML - Mon Nov 17, 11:44AM CST
MAD.VN: 0.160 (unch)
Gold Torrent Signs Agreement to Acquire and Develop High-Grade Gold Project
ACCESSWIRE - Wed Nov 12, 6:44AM CST
BOISE, ID / ACCESSWIRE / November 12, 2014 / Gold Torrent, Inc. ("Gold Torrent" (OTCQB: GTOR) is pleased to announce that it has signed an Exploration and Option to Enter Joint Venture Agreement ("Agreement" with Miranda Gold Corp. ("Miranda" on Miranda's Willow Creek gold project in Alaska.
Miranda Gold Files Technical Report for the Willow Creek Project, Alaska
Filing Services Canada XHTML - Thu Oct 23, 5:08PM CDT
MAD.VN: 0.160 (unch)
Miranda Gold Identifies New High-Grade Vein at Willow Creek, Alaska
Filing Services Canada - Wed Oct 15, 6:01AM CDT
Miranda Gold Identifies New High-Grade Vein at Willow Creek, Alaska Vancouver, British Columbia (FSCwire) - Miranda Gold Corp. ("Miranda" (TSX-V: MAD) is pleased to announce that a recently completed 234 sample soil grid along with rock samples of quartz vein rubble, strongly suggest that the vein system mined on Bullion Mountain in the Willow Creek District extends beyond a fault that bounded historic production. The gold in soil anomaly is 800 m long and open but the highlights of the sample program are the discovery of three quartz vein sub-crops that assayed 1.48 oz, 0.50 oz and 0.53 oz Au/t (50.74 g, 17.05 g and 18.15 g Au/t). The adjoining Gold Bullion Mine had historic production of 77,000 ounces at 1.4 oz Au/t (48.00 g Au/t). Miranda controls the majority of the Willow Creek mining district. Historical mines within the holdings include the Lucky Shot, War Baby, Coleman, Nippon and Gold Bullion. The first three of these mines lie along Lucky Shot Ridge while the Nippon and Gold Bullion mines lie 3 km to the east on Bullion Mountain. The soil grid satisfied 2014 assessment requirements and was designed to test the Bullion Mountain area for new vein segments. Miranda thinks that the Lucky Shot Ridge and Bullion Mountain veins are fault offsets of the same zone of high-grade gold quartz veins and that the area where the soil grid is located offers exploration potential for a new discovery. For perspective, the new 800 m long soil anomaly which remains open compares favorably to the Lucky Shot vein that produced more than 350,000 ounces at greater than 1.2 oz Au/t (41.14 g Au/t) along 1200 m of vein. Veins in the Willow Creek District rarely outcrop but can be detected by close-spaced soil sampling. The new soil results compare well with orientation soil sampling above the upper Coleman segment of the Lucky Shot vein, where Miranda recently reported a NI43-101 compliant measured and indicated resource of 62,100 troy ounces contained in 78,700 tonnes at an average grade of 24.6 g Au/t with another 4,100 troy ounces gold contained in 5,300 tonnes at an average grade of 24.2 g Au/t reported as inferred (news release September 11, 2014). The soil anomalies show discrete breaks from background and are defined as having gold values of greater than 0.100 ppm to 2.00 ppm. The samples were taken on 20 m centers on 200 m spaced lines. Three or more linear anomalies are reflected consistently on 5 successive lines of the grid; the anomalies extend for 800 m and remain open. The three samples of quartz vein sub-crop within the anomalous gold in soil area have assay values of 1.48 oz, 0.50 oz and 0.53 oz Au/t (50.74 g, 17.05 g, and 18.15 g Au/t) and indicate that the soil anomalies likely reflect new high-grade vein segments in the district. All vein samples contained visible gold. Miranda is encouraged by these exploration results as they indicate new vein segments can be quickly identified and advanced to drill targets in the Willow Creek District. Project Details At Willow, gold is found in low-sulfide mesothermal quartz veins within an east-west, shallow, north-dipping, shear zone. The Willow Creek project is held by Miranda under an 80-year lease from Alaska Hardrock Inc. and lies approximately 166 km north of Anchorage. The project area is east of the town of Willow and can be accessed by a well maintained gravel road. The project covers the majority of the historical Willow Creek mining district and contains 75 patented lode mining claims and 62 State of Alaska lode mining claims for a total of approximately 8,700 acres (3,520 hectares). Numerous historical mines occur on the property including the Lucky Shot, Coleman, War Baby, Nippon and Gold Bullion Mines. Gold is commonly coarse and associated with banded tellurides and minor sulfide. Historic production from land controlled by Miranda is estimated at greater than 500,000 ounces at 1.2 oz Au/t (41.14 g Au/t), primarily from three closed-spaced mines developed on the Lucky Shot vein. Miranda thinks that other high-grade mineralized shoots are likely to occur near other historic mines. Gold Torrent Inc. has completed its due diligence on the Willow Creek Project and is working with Miranda to finalize a Joint Venture Agreement. Once the Joint Venture Agreement is signed Miranda anticipates that Gold Torrent will begin permitting, underground drilling, and other work needed to expand the resource base and fast-track the Coleman into production. Based on the terms of the Joint Venture, Gold Torrent will fund the first US$10 million in capital costs. Miranda will receive 10% of the distributable cash flow until Gold Torrent is repaid and then 30% of the cash flow thereafter. (news release August 6, 2014). Qualified Person Data disclosed in this press release, including sampling, analytical and test data, have been reviewed and verified by Executive Vice President and Director Joseph Hebert, C.P.G., B.Sc. Geology and Qualified Person as defined by National Instrument 43-101. Corporate Profile Miranda Gold Corp. is a gold exploration company active in Nevada, Alaska, and Colombia and whose emphasis is on generating gold exploration projects with world-class discovery potential. Miranda performs its own grass roots exploration and then employs a joint venture business model on its projects in order to maximize exposure to discovery while minimizing exploration risk. Miranda has ongoing partnerships with Agnico-Eagle Ltd., Montezuma Mines Inc., Prism Resources Inc., and Red Eagle Mining Corporation. ON BEHALF OF THE BOARD "Kenneth Cunningham" Kenneth Cunningham Chairman and CEO For more information visit the Company's web site at www.mirandagold.com (http://www.mirandagold.com) or contact Joe Hebert, Vice President, Exploration at 775-738-1877. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release contains forward-looking statements that are based on the Company's current expectations and estimates. Forward-looking statements are frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "suggest", "indicate" and other similar words or statements that certain events or conditions "may" or "will" occur. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual events or results to differ materially from estimated or anticipated events or results implied or expressed in such forward-looking statements. Such factors include, among others: the actual results of current exploration activities; conclusions of economic evaluations; changes in project parameters as plans to continue to be refined; possible variations in ore grade or recovery rates; accidents, labour disputes and other risks of the mining industry; delays in obtaining governmental approvals or financing; and fluctuations in metal prices. There may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein. Notice to US investors: U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. This press release uses the terms measured resources, "indicated resources" and "inferred resources", which are estimated in accordance with the Canadian National Instrument 43-101 and the Canadian Institute of Mining and Metallurgy Classification system. We advise investors that while those terms are recognized and required by Canadian regulations, the U.S. Securities and Exchange Commission does not recognize them. U.S. investors are cautioned not to assume that any part or all of mineral deposits in these categories will ever be converted into reserves. In addition, "Inferred resources" have a great amount of uncertainty as to their existence, and great uncertainty as to their economic and legal feasibility. It cannot be assumed that all or any part of an Inferred Mineral Resource will ever be upgraded to a higher category. Under Canadian rules, estimates of Inferred Mineral Resources may not form the basis of feasibility or pre-feasibility studies, except in certain exceptional cases. U.S. investors are cautioned not to assume that part or all of an inferred resource exists, or is economically or legally minable. To view this press release as a PDF file, click onto the following link: http://www.fscwire.com/sites/default/files/ne...152014.pdf Source: Miranda Gold Corp. (TSX Venture:MAD) http://www.mirandagold.com/s/Home.asp Maximum News Dissemination by FSCwire. http://www.fscwire.com Copyright(C)2014 Filing Services Canada Inc.
MAD.VN: 0.160 (unch)
Miranda and Prism Begin Drilling Epithermal System at the Cerro Oro Project, Colombia
Filing Services Canada XHTML - Wed Aug 24, 8:16AM CDT
MAD.VN: 0.160 (unch), PRS.VN: 0.200 (unch)
Miranda Gold Files Updated Technical Report for the Willow Creek Project, Alaska
Filing Services Canada XHTML - Thu Apr 14, 6:04AM CDT
MAD.VN: 0.160 (unch)
Miranda Gold Announces Promotion of Joseph Hebert to CEO and Results of Annual General Meeting of Shareholders
Filing Services Canada XHTML - Thu Jan 28, 5:56PM CST
MAD.VN: 0.160 (unch)
Miranda Acquires Rights to Purchase 3.3% Royalty at Willow Creek and Extends Gold Torrent
Filing Services Canada - Thu Oct 22, 6:03AM CDT
Miranda Acquires Rights to Purchase 3.3% Royalty at Willow Creek and Extends Gold Torrent
MAD.VN: 0.160 (unch)
Miranda Signs Lease to Consolidate Antares Project in Colombia
Filing Services Canada XHTML - Thu Oct 15, 6:00AM CDT
MAD.VN: 0.160 (unch)
Miranda Gold Provides Corporate Update
Filing Services Canada - Tue Mar 03, 6:04AM CST
Miranda Gold Provides Corporate Update Vancouver, British Columbia (FSCwire) - Miranda Gold Corp. ("Miranda"
(TSX-V: MAD) is pleased to provide an update on its activities in Colombia and Alaska as well as the monetization of its remaining Nevada projects. In all, Miranda expects to see partner spending on Miranda projects of $1.5-$1.75 million in 2015. In addition to partner-funded projects, Miranda has a budget for generative work in Colombia that is outside of the Strategic Alliance and outside of the Department of Antioquia. Prospect Generator/Joint Venture Model Miranda continues to adhere to the Prospect Generator and Joint Venture model and as a result expects to see the following partners fund activities in projects in both North and South America. Agnico Eagle Mines Limited (AEM:TSX)(Agnico) will fund 70% (Miranda 30%) of programs under a Strategic Alliance agreement. Funds are allocated toward project generation in the Antioquia Department of Colombia. Miranda is operator. If a Designated Property is accepted into a joint venture by Agnico, Agnico could earn up to a 70% interest in that project by sole funding work programs until it earns its interest. Prism Resources Inc. (NEX RS.H) is funding an initial exploration program at the Cerro Oro project in the Caldas Department of Colombia. Miranda is also operator of this project. The 2015 program will comprise permitting and property wide geochemical and geologic surveys. Gold Torrent Inc. (GTOR:OTCBB) is designing and permitting a small high-grade underground mine at the Willow Creek, Alaska project. A new NI 43-101 Resource Estimate and Preliminary Feasibility Study will be highlights of this years program. Montezuma is hoping to fund a drill project at the Red Canyon property pending finalization of joint venture terms. Colombia Oribella Miranda submitted a Target Report to Agnico in the 4th quarter of 2015 as the first step towards possible acceptance of Oribella as a Designated Property pursuant to the Strategic Alliance agreement. Once a property is submitted, Agnico can: (1) accept it as a joint venture whereby they would be solely responsible for funding future exploration; (2) reject the project at which time Miranda can seek a 3rd party joint venture; or (3) request that specific additional work be done to demonstrate that the property has the size potential to be of interest to Agnico. Agnico has requested trenching and channel sampling to demonstrate continuity of mineralization (gold and copper) prior to considering Oribella as a Designated Property. This work is underway and once samples are assayed a revised report will be submitted to Agnico. Miranda also recently met with the president of the Agencia National de Mineria (ANM) to request assistance in obtaining a license for the northern part of the property which is currently held under a mining application. Assurances were given that the government would work with us on the license. Cerro Oro Cerro Oro is a low-sulfidation epithermal gold system that lies approximately 14 km southwest of the Marmato (14 M ounces) mine. Currently, Miranda is conducting a Consulta Previa or consultation with local and indigenous peoples near the project as a requirement of the Colombian mining law. Once this permit is obtained a mapping, trenching and a soil sampling program funded by Prism Resources will begin with the aim of delineating drill targets for the 2016 season. Prism Resources will also commission a technical report on the property. Pavo Real Red Eagle Mining recently terminated the joint venture agreement at Pavo Real in order to focus its time and treasury on permitting and building their San Ramon underground mine. Red Eagle drill tested several target areas and conducted property wide geochemical surveys, spending $4 million on the project. Soil sampling on the south end of the property produced a large untested gold anomaly and Miranda is seeking a new partner to drill test this area. Willow Creek, Alaska Gold Torrent plans to fast-track the Coleman deposit into production in 24 to 30 months. Initial production estimates are for 21,000 ounces of gold annually from the mining and milling of 150 tons per day. Gold Torrent anticipates achieving +80% recovery through gravity (tables and spiral concentrators) without the use of chemicals which should expedite permitting. Expected milestones for 2015 include: A new resource estimate based on independent review and modeling of deposit. This report is anticipated within two months and the expectation is that the resource will increase in size. Completion of a Preliminary Feasibility Study by mid-2015. This document will provide both Gold Torrent and Miranda shareholders insight into the capital and operating costs, cash flows and internal rate of return of mining the Coleman deposit. Mine planning. Gold Torrent is in the process of determining the optimum way to access the Coleman deposit for the least amount of capital. Life of Mine production scheduling. Mill process design and location. Initiate all aspects of permitting including baseline studies, water, air, and discussions with local communities and area stakeholders. Possible rehabilitation of the Enserch tunnel to access the Lucky Shot vein system for production and drilling. While no drilling is planned for 2015, modeling of the old underground workings, drill holes and underground samples will provide targets for 2016. Both companies agree that with the rehabilitation of the Enserch tunnel, targets can be best drilled from underground drill stations. Nevada Red Canyon Miranda is hoping to finalize a joint venture/purchase agreement with Montezuma Mines pending consent to assignment of the lease by the owner to Montezuma. Red Hill, Iron Point, Kibby Flats and Mustang Miranda has monetized its four remaining Nevada holdings in order to focus on Colombia. This decision was made not because we no longer believe Nevada will yield discoveries but rather we feel that we can make a significant discovery in Colombia sooner than in Nevada. We feel that Colombia, as a frontier jurisdiction with its rich mineral endowment, will provide the fastest route to a large grassroots discovery. On March 2, 2015, Miranda announced an agreement with European Uranium Resources Ltd. (EUU) whereby, subject to regulatory approval, Miranda will sell and or assign its interest in the four properties for an 8% equity interest in EUU (subject to its reorganization), the retention of a royalty interest (NSR) ranging from 1% to 2% in all four properties and the commitment by EUU of conducting a modest drill program on the Mustang property. Qualified Person Data disclosed in this press release have been reviewed and verified by Mirandas Executive Vice President Joseph Hebert, C.P.G., B.Sc. Geology, and Qualified Person as defined by National Instrument 43-101. About Miranda Miranda is a gold exploration company active in Nevada, Alaska and Colombia, whose emphasis is on generating gold exploration projects with world-class discovery potential. Miranda performs its own grass roots exploration and then employs a joint venture business model on its projects in order to maximize exposure to discovery while minimizing exploration risk. Miranda has ongoing relationships with Agnico Eagle Mines Limited, Prism Resources, Gold Torrent Inc., and Montezuma Mines Inc. For more information related to Miranda: Joe Hebert, Executive Vice President 775-340-0450 www.mirandagold.com Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release contains forward-looking statements that are based on the Company's current expectations and estimates. Forward-looking statements are frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "suggest", "indicate" and other similar words or statements that certain events or conditions "may" or "will" occur. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual events or results to differ materially from estimated or anticipated events or results implied or expressed in such forward-looking statements. Such factors include, among others: the actual results of current exploration activities; conclusions of economic evaluations; changes in project parameters as plans to continue to be refined; possible variations in ore grade or recovery rates; accidents, labour disputes and other risks of the mining industry; delays in obtaining governmental approvals or financing; and fluctuations in metal prices. There may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein. Notice to US investors: U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. This press release uses the terms measured resources, "indicated resources" and "inferred resources", which are estimated in accordance with the Canadian National Instrument 43-101 and the Canadian Institute of Mining and Metallurgy Classification system. We advise investors that while those terms are recognized and required by Canadian regulations, the U.S. Securities and Exchange Commission does not recognize them. U.S. investors are cautioned not to assume that any part or all of mineral deposits in these categories will ever be converted into reserves. In addition, "Inferred resources" have a great amount of uncertainty as to their existence, and great uncertainty as to their economic and legal feasibility. It cannot be assumed that all or any part of an Inferred Mineral Resource will ever be upgraded to a higher category. Under Canadian rules, estimates of Inferred Mineral Resources may not form the basis of feasibility or pre-feasibility studies, except in certain exceptional cases. U.S. investors are cautioned not to assume that part or all of an inferred resource exists, or is economically or legally minable. To view this press release as a PDF file, click onto the following link: http://www.fscwire.com/sites/default/files/ne...032015.pdf Source: Miranda Gold Corp. (TSX Venture:MAD) http://www.mirandagold.com/s/Home.asp Maximum News Dissemination by FSCwire. http://www.fscwire.com Copyright(C)2015 Filing Services Canada Inc. MAD.VN: 0.160 (unch)
Gold Torrent, Inc. Announces Planned Private Placement for up to $2,000,000
Marketwired - Mon Jan 05, 9:30AM CST
Gold Torrent, Inc. (OTCQB: GTOR) ("Gold Torrent" or the "Company"
, a junior mining company focused on the development of high grade gold properties in North America, announced today that it intends to raise up to $2,000,000 pursuant to a private placement offering (the "Offering" at a price of $0.25 per common share. Miranda Gold Signs Joint Venture Agreement to Advance High-Grade Willow Creek Project Towards Production
Filing Services Canada XHTML - Mon Nov 17, 11:44AM CST
MAD.VN: 0.160 (unch)
Gold Torrent Signs Agreement to Acquire and Develop High-Grade Gold Project
ACCESSWIRE - Wed Nov 12, 6:44AM CST
BOISE, ID / ACCESSWIRE / November 12, 2014 / Gold Torrent, Inc. ("Gold Torrent"
(OTCQB: GTOR) is pleased to announce that it has signed an Exploration and Option to Enter Joint Venture Agreement ("Agreement" with Miranda Gold Corp. ("Miranda" on Miranda's Willow Creek gold project in Alaska. Miranda Gold Files Technical Report for the Willow Creek Project, Alaska
Filing Services Canada XHTML - Thu Oct 23, 5:08PM CDT
MAD.VN: 0.160 (unch)
Miranda Gold Identifies New High-Grade Vein at Willow Creek, Alaska
Filing Services Canada - Wed Oct 15, 6:01AM CDT
Miranda Gold Identifies New High-Grade Vein at Willow Creek, Alaska Vancouver, British Columbia (FSCwire) - Miranda Gold Corp. ("Miranda"
(TSX-V: MAD) is pleased to announce that a recently completed 234 sample soil grid along with rock samples of quartz vein rubble, strongly suggest that the vein system mined on Bullion Mountain in the Willow Creek District extends beyond a fault that bounded historic production. The gold in soil anomaly is 800 m long and open but the highlights of the sample program are the discovery of three quartz vein sub-crops that assayed 1.48 oz, 0.50 oz and 0.53 oz Au/t (50.74 g, 17.05 g and 18.15 g Au/t). The adjoining Gold Bullion Mine had historic production of 77,000 ounces at 1.4 oz Au/t (48.00 g Au/t). Miranda controls the majority of the Willow Creek mining district. Historical mines within the holdings include the Lucky Shot, War Baby, Coleman, Nippon and Gold Bullion. The first three of these mines lie along Lucky Shot Ridge while the Nippon and Gold Bullion mines lie 3 km to the east on Bullion Mountain. The soil grid satisfied 2014 assessment requirements and was designed to test the Bullion Mountain area for new vein segments. Miranda thinks that the Lucky Shot Ridge and Bullion Mountain veins are fault offsets of the same zone of high-grade gold quartz veins and that the area where the soil grid is located offers exploration potential for a new discovery. For perspective, the new 800 m long soil anomaly which remains open compares favorably to the Lucky Shot vein that produced more than 350,000 ounces at greater than 1.2 oz Au/t (41.14 g Au/t) along 1200 m of vein. Veins in the Willow Creek District rarely outcrop but can be detected by close-spaced soil sampling. The new soil results compare well with orientation soil sampling above the upper Coleman segment of the Lucky Shot vein, where Miranda recently reported a NI43-101 compliant measured and indicated resource of 62,100 troy ounces contained in 78,700 tonnes at an average grade of 24.6 g Au/t with another 4,100 troy ounces gold contained in 5,300 tonnes at an average grade of 24.2 g Au/t reported as inferred (news release September 11, 2014). The soil anomalies show discrete breaks from background and are defined as having gold values of greater than 0.100 ppm to 2.00 ppm. The samples were taken on 20 m centers on 200 m spaced lines. Three or more linear anomalies are reflected consistently on 5 successive lines of the grid; the anomalies extend for 800 m and remain open. The three samples of quartz vein sub-crop within the anomalous gold in soil area have assay values of 1.48 oz, 0.50 oz and 0.53 oz Au/t (50.74 g, 17.05 g, and 18.15 g Au/t) and indicate that the soil anomalies likely reflect new high-grade vein segments in the district. All vein samples contained visible gold. Miranda is encouraged by these exploration results as they indicate new vein segments can be quickly identified and advanced to drill targets in the Willow Creek District. Project Details At Willow, gold is found in low-sulfide mesothermal quartz veins within an east-west, shallow, north-dipping, shear zone. The Willow Creek project is held by Miranda under an 80-year lease from Alaska Hardrock Inc. and lies approximately 166 km north of Anchorage. The project area is east of the town of Willow and can be accessed by a well maintained gravel road. The project covers the majority of the historical Willow Creek mining district and contains 75 patented lode mining claims and 62 State of Alaska lode mining claims for a total of approximately 8,700 acres (3,520 hectares). Numerous historical mines occur on the property including the Lucky Shot, Coleman, War Baby, Nippon and Gold Bullion Mines. Gold is commonly coarse and associated with banded tellurides and minor sulfide. Historic production from land controlled by Miranda is estimated at greater than 500,000 ounces at 1.2 oz Au/t (41.14 g Au/t), primarily from three closed-spaced mines developed on the Lucky Shot vein. Miranda thinks that other high-grade mineralized shoots are likely to occur near other historic mines. Gold Torrent Inc. has completed its due diligence on the Willow Creek Project and is working with Miranda to finalize a Joint Venture Agreement. Once the Joint Venture Agreement is signed Miranda anticipates that Gold Torrent will begin permitting, underground drilling, and other work needed to expand the resource base and fast-track the Coleman into production. Based on the terms of the Joint Venture, Gold Torrent will fund the first US$10 million in capital costs. Miranda will receive 10% of the distributable cash flow until Gold Torrent is repaid and then 30% of the cash flow thereafter. (news release August 6, 2014). Qualified Person Data disclosed in this press release, including sampling, analytical and test data, have been reviewed and verified by Executive Vice President and Director Joseph Hebert, C.P.G., B.Sc. Geology and Qualified Person as defined by National Instrument 43-101. Corporate Profile Miranda Gold Corp. is a gold exploration company active in Nevada, Alaska, and Colombia and whose emphasis is on generating gold exploration projects with world-class discovery potential. Miranda performs its own grass roots exploration and then employs a joint venture business model on its projects in order to maximize exposure to discovery while minimizing exploration risk. Miranda has ongoing partnerships with Agnico-Eagle Ltd., Montezuma Mines Inc., Prism Resources Inc., and Red Eagle Mining Corporation. ON BEHALF OF THE BOARD "Kenneth Cunningham" Kenneth Cunningham Chairman and CEO For more information visit the Company's web site at www.mirandagold.com (http://www.mirandagold.com) or contact Joe Hebert, Vice President, Exploration at 775-738-1877. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release contains forward-looking statements that are based on the Company's current expectations and estimates. Forward-looking statements are frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "suggest", "indicate" and other similar words or statements that certain events or conditions "may" or "will" occur. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual events or results to differ materially from estimated or anticipated events or results implied or expressed in such forward-looking statements. Such factors include, among others: the actual results of current exploration activities; conclusions of economic evaluations; changes in project parameters as plans to continue to be refined; possible variations in ore grade or recovery rates; accidents, labour disputes and other risks of the mining industry; delays in obtaining governmental approvals or financing; and fluctuations in metal prices. There may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein. Notice to US investors: U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. This press release uses the terms measured resources, "indicated resources" and "inferred resources", which are estimated in accordance with the Canadian National Instrument 43-101 and the Canadian Institute of Mining and Metallurgy Classification system. We advise investors that while those terms are recognized and required by Canadian regulations, the U.S. Securities and Exchange Commission does not recognize them. U.S. investors are cautioned not to assume that any part or all of mineral deposits in these categories will ever be converted into reserves. In addition, "Inferred resources" have a great amount of uncertainty as to their existence, and great uncertainty as to their economic and legal feasibility. It cannot be assumed that all or any part of an Inferred Mineral Resource will ever be upgraded to a higher category. Under Canadian rules, estimates of Inferred Mineral Resources may not form the basis of feasibility or pre-feasibility studies, except in certain exceptional cases. U.S. investors are cautioned not to assume that part or all of an inferred resource exists, or is economically or legally minable. To view this press release as a PDF file, click onto the following link: http://www.fscwire.com/sites/default/files/ne...152014.pdf Source: Miranda Gold Corp. (TSX Venture:MAD) http://www.mirandagold.com/s/Home.asp Maximum News Dissemination by FSCwire. http://www.fscwire.com Copyright(C)2014 Filing Services Canada Inc. MAD.VN: 0.160 (unch)
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