Antioquia Gold Inc. is pleased to provide an update on its Cisneros mining operation where significant improvements have been made. Since its last update, the Corporation continues to achieve process improvements in the commissioning of its Cisneros plant. Some of the achievements are: Metallurgical recovery has reached 95%, which exceeds the original design specifications. While the Corporation continues to draw down [...]
Antioquia Gold Inc. announces the resignation of Michael Cannock as member of the Board of Directors of the Company. The Company would like to thank Mr. Cannock for his dedication and service to the Company. On behalf of the Antioquia Gold Board of Directors Mr. Gonzalo de Losada, President and Chief Executive Officer Antioquia Gold Inc. For further information on Antioquia Gold Inc. contact: [...]
Antioquia Gold Inc. is pleased to announce the successful start of production at the Cisneros Mine in Antioquia, Colombia. "The company has been testing and optimizing the processing plant over the past two months and has successfully completed the ramp up schedule," stated Mr. Gonzalo de Losada, President and Chief Executive Officer. "Recovery rates and concentration ratios are within the estimated design parameters for [...]
Antioquia Gold Inc. is pleased to announce that it has reached an agreement with Gramalote Colombia Limited, for the Corporation to acquire from GCL 5,582.53 hectares of the mining property "La Palma" and 515 hectares of the mining property "Cantayús". In addition, Antioquia Gold and GCL have agreed to eliminate the existing NSR of 1.75% on 150 hectares of the 6195 concession and on 15 hectares of the 6187B [...]
Antioquia Gold Inc. is pleased to announce the start of testing of its treatment plant located in Cisneros, Colombia. During the weeks of January 21 and January 28, 2019, the Company started tests at the ore treatment plant with material mined from the Guaico and Guayabito mines. The following aspects are highlighted: The equipment and processes put into operation were: primary crushing secondary crushing , grinding mill [...]
Antioquia Gold Inc. is pleased to provide an update on the status of construction work at the Cisneros Project. Preparation activities and mine development are advancing at a good pace. To date 11,200 meters have been excavated between the Guaico and Guayabito mines in preparation, development and mine infrastructure. The current status and most relevant advances in the last quarter of the year for each mine are detailed [...]
Antioquia Gold Inc. is pleased to provide an update on the status of construction work and development at the Cisneros Project. Mine development continues to advance at a rapid pace. To date, 10,000 meters of development and mining infrastructure have been completed between the Guaico and Guayabito mines. The current status at each mine is detailed below: Guaico Mine: Preparation and development work continues with the [...]
Antioquia Gold Inc. is pleased to announce that it has reached a binding agreement with Gramalote Colombia Limited whereby the Corporation will acquire from GCL 5,245 hectares comprising the "Guadualejo" property for the sum of US$ 685,000 to be paid from cash on hand. The agreement was signed on August 15th, 2018 and Antioquia Gold acquired one hundred percent of the rights to the Mining Concession Contract number 6195 [...]
Antioquia Gold is pleased to provide an update of construction and development at the fully funded Cisneros Gold Project in Antioquia. Mine preparation and development activities continue moving forward at a rapid pace. At Guayabito mine, 2,500 m of development have been completed to date, focused on level 1460 and including 750 m of drifting along mineralized structures. The Guaico Mine is ready for the start of [...]
Antioquia Gold announced today that, subject to regulatory approval and in accordance with the Company's stock option plan, the Company has granted a total of 8,600,000 options to directors, officers, employees and consultants of the Company, of which 4,600,000 were granted to directors, officers and an individual retained to provide investor relation services to the Company. Each option is exercisable to purchase one [...]
Antioquia Gold is pleased to announce that it has completed its previously announced rights offering which expired on May 28, 2018. The Rights Offering together with the standby commitment arrangement generated approximately $26,970,771 in gross proceeds to the Company. The Company issued 642,161,218 common shares of the Company, including 638,796,593 Common Shares to Infinita Prosperidad Minera SAC pursuant to the terms [...]
Antioquia Gold is pleased to provide a corporate update and announces that it has today filed a short form prospectus dated April 19, 2018 within British Columbia, Alberta and Ontario, in respect of a rights offering to raise gross proceeds of up to C$62,500,000 through the issuance of rights to subscribe for common shares of the Corporation. The exercise price of the Rights will be $0.042 per Common Share. Pursuant to [...]
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