African-Queen is pleased to announce that Ms. Jennifer Todhunter has been appointed to serve as the new Chief Financial Officer of the Company and as a Director, replacing Mr. Mark Lotz. Mr. Lotz has resigned as CFO and as a Director in order to pursue other professional and personal interests, including the development of his own accounting [...]
African Queen Mines is pleased to announce that it has now executed a formal agreement with Kenya-based Akili Minerals Services Limited to undertake a core drilling program at its Odundu property in Southwest Kenya's Rongo Gold Fields. The Odundu property covers an area of approximately 97 sq. km in the Kanango gold mining area of the Migori [...]
African Queen Mines is pleased to announce the closing of the second tranche of its previously announced non-brokered private placement,which has raised gross proceeds of CAD $702,900. Together with the first tranche, previously announced, the Company raised aggregate gross proceeds in this private placement of CAD $2,417,019.
Vancouver, British Columbia -- AFRICAN QUEEN MINES LTD. (the “Company“) is pleased to announce a non-brokered private placement offering to raise gross proceeds of up to CAD $1.98 million. Under the terms of the private placement, the Company will offer for sale up to 9,000,000 Units (the “Units“) at CAD $0.22 per Unit. The Company may, in its [...]
African Queen is pleased to announce that it has now commenced its 2012 core drilling program at its Noyem-Nyanfoman Project on Ghana's Ashanti Belt. The initial phase is planned to be a minimum of 2000 m and will be expanded on a result contingent basis. The drill program is being carried out on behalf of the Company by E-Drilling Ghana Limited [...]
African Queen Mines is pleased to report favorable results from its preliminary field work and airbourne geophysics at its Odundu property in southwest Kenya's Rongo Gold Fields, which are being utilized for target generation for its upcoming core drilling program. A convergence of positive sampling and geochemical results from field work with [...]
African Queen Mines is pleased to announce that it has now completed a thorough review of its portfolio of exploration properties in Southern, West and East Africa, in order to prioritize projects for development in 2012 while at the same time paring down its portfolio to eliminate certain early-stage projects which have not generated sufficiently [...]
