Glencairn adds property near La India (October 16, 2006)

A $2.4-million purchase near its La India property in Nicaragua consolidates mineral rights on a known gold resource and offers Glencairn Gold (GGG-T, GLE-X) a chance to ship ore to its Limon mine.

The property, called Mestiza, adjoins the La India property and is about 70 km east of the Limon mine, which is currently slated to produce 52,000 oz. gold in 2007. The 2-sq.-km property brings the whole La India land package to 9.7 sq. km.

The new property covers the strike extension of the Tatiana gold vein, already known on La India. An inferred resource has already been defined on the vein, amounting to 690,000 tonnes grading 10.3 grams gold per tonne.

Glencairn plans a feasibility study on mining and trucking ore direct to Limon.

Print

Be the first to comment on "Glencairn adds property near La India (October 16, 2006)"

Leave a comment

Your email address will not be published.


*


By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close