Gran Colombia Gold Corp. announced today the final assay results from 83 additional diamond drill holes included in its 2018 underground drilling program at its high-grade Segovia Operations. In 2018, the Company completed a total of 209 holes at Segovia representing approximately 26,800 meters. Drill Intercepts Providencia Drill Intercepts Sandra K Drill Intercepts El Silencio Serafino Iacono, Executive Co-Chairman of [...]
Gran Colombia Gold Corp. announced today that it sees opportunity in the evolving changes in Venezuela to recover and develop its gold exploration assets that were nationalized in 2011, adding to its pipeline of Latin America-based projects which could fuel the Company’s mid- to long-term growth objectives. Gran Colombia recognizes Mr. Juan Guaidó as the legitimate interim President of Venezuela and has [...]
Gran Colombia Gold Corp. announced today that has completed the purchase of an additional 2,500,000 common shares in Sandspring Resources Ltd. at a price of CA$0.28 per share in a private transaction for total cash consideration of approximately US$528,000. The additional shares were acquired for investment purposes and Gran Colombia has no present intention to dispose of or acquire further securities of Sandspring [...]
Gran Colombia Gold Corp. announced today that it produced a total of 55,260 ounces of gold in the fourth quarter of 2018, up 7% over the fourth quarter of 2017. This brings the total annual gold production for 2018 to 218,001 ounces, up 25% over 2017 and surpassing the Company’s initial guidance for 2018. Serafino Iacono, Executive Co-Chairman of Gran Colombia, commenting on the Company’s latest production [...]
Gran Colombia Gold Corp. announced today that its Board of Directors has adopted a shareholder rights plan agreement . The Plan is effective immediately and the Toronto Stock Exchange has conditionally accepted notice for filing of the Plan, subject to ratification by shareholders at Gran Colombia’s 2019 annual shareholder meeting, which is currently expected to be held in June. The Plan was not adopted in response [...]
Gran Colombia Gold Corp. announced additional high-grade intercepts today from a further nine holes drilled in the Deeps Zone at its 100%-owned Marmato Project in Caldas, Colombia. The 2018 infill drilling campaign is being undertaken to obtain additional information in conjunction with the technical studies and evaluations focused on the potential expansion of the underground mining operations at Marmato to incorporate [...]
Gran Colombia Gold Corp. announced today the release of its unaudited interim condensed consolidated financial statements and accompanying management’s discussion and analysis for the three and nine months ended September 30, 2018. All financial figures contained herein are expressed in U.S. dollars unless otherwise noted. Serafino Iacono, Executive Co-Chairman of Gran Colombia, commenting on the Company’s [...]
Gran Colombia Gold Corp. announced today that Fitch Ratings has upgraded it to ‘B’ from ‘B-‘ with a Stable Outlook. In its commentary regarding the rating action, Fitch Ratings stated that the upgrade reflects Gran Colombia’s successful refinancing of its 2020 and 2024 Debentures through its US$98 million senior secured gold-linked notes due 2024, the settlement of its 2018 Debentures with [...]
Gran Colombia Gold Corp. announced today the details for the forthcoming quarterly repayment of its 8.25% Senior Secured Gold-Linked Notes due 2024 as follows: Payment date: October 31, 2018 Record date: October 24, 2018 Cash payment amount: Approximately US$0.052349 per US$1.00 principal amount of Gold Notes representing only an amortization payment of the principal amount issued and outstanding. No gold premium is [...]
Gran Colombia Gold Corp. announced today that it produced a total 19,120 ounces of gold in September bringing the total for the third quarter of 2018 to 57,163 ounces, up 54% compared to the third quarter of 2017. For the first nine months of 2018, total gold production amounted to 162,741 ounces, up 33% over the first nine months of 2017. This brings the Company’s trailing 12-months’ total gold production as [...]
Gran Colombia Gold Corp. provided an update today regarding the ongoing diamond drilling program on the Zancudo Project, Colombia . Exploration and drilling on the Project is being carried out by IAMGold Corp. under an option agreement for the exploration and potential purchase of an interest in the Project as announced on March 16, 2017. Zancudo Plan View Serafino Iacono, Executive Co-Chairman of Gran Colombia Gold [...]
Gran Colombia Gold Corp. announced today an update from the initial drill results from the 2018 drilling campaign at its Marmato Project. The drilling campaign is being undertaken to obtain additional information in conjunction with the technical studies and evaluations focused on the potential underground expansion of mining operations at Marmato to incorporate the Deeps Mineralization below the existing mining [...]
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