Cibolan Gold Corp. completed a technical review of the 3-D geologic model which focused on structural controls for high grade mineralization at the Independence gold and silver mining project, located directly adjacent to Newmont's multi-billion dollar operating Phoenix Fortitude mining complex. The Company's Nevada based technical team began the [...]
Cibolan Gold is pleased to advise and update shareholders on recent developments with the Wilson Independence project, located directly adjacent to Newmont's Multi Billion dollar operating Phoenix Fortitude mining complex. During April, the Company mapped and sampled the structures identified by the new technical team. On April 23, 2015, management [...]
Cibolan Gold new technical team completed its preliminary review resulting in recommendations for achieving a successful transition to production. The review focused on identifying the potential for developing 4 to 5 million tons containing at least 200,000 ounces of gold (grading 1.42 grams per ton or better) that could be mined economically and [...]
Cibolan Gold announces the addition of William Matlack, Robin Hendrickson, Donald McDowell and Dr. Steven Garwin to their technical team. For the last couple of months the team has been analyzing and reviewing the significant amount of data the Company has collected over the last few years. The objective of this review is to identify areas where [...]
General Metals announced today that it has received approval today from the Financial Industry Regulatory Authority for a change in the name of the Company and for a 20:1 reverse stock split of the Company's common stock effective May 30, 2014. On May 7, 2014, the Company's board of directors had approved a change in the name of the Company from [...]
General Metals announced today that its subsidiary General Gold Corporation has reached an agreement with Independence Gold-Silver Mines, of Seattle, Washington to exercise its claim purchase option granted under the mining lease between the parties. The mining lease called for a $3 million payment to purchase the claims and payment of a royalty of [...]
General Metals announced today that it has executed a binding Letter of Intent with Compass Holdings, a private investment company headquartered in Layton to (i) acquire outright the leasehold interest in all of the gold and silver mining claims currently held by the Independence Gold-Silver Mines, Inc. and (ii) to form a Joint Venture (the "JV [...]
General Metals announced today that the recently completed analytical work on drill core samples from its Independence Gold and Silver Project yielded results that were fully consistent with resource values set forth in the Company's CNI 43-101 report. That report estimated a resource of 16.1 million tons at .014 au and 223,300 au oz, measured and [...]
General Metals announces that Vitalie Eremia, CFA and Analyst with New York based independent research firm Prime Equity Research, LLC, has released an updated research and equity evaluation report on the Company. For free access to the report and information on Prime Equity Research, LLC please visit Prime Equity Research's website. Interested [...]
General Metals strategically located in the prolific Battle Mountain Nevada mining district, announced today that it will hold a special meeting of stockholders on Wednesday, July 31, 2013 at 10:00 a.m. at a Reno Nevada location to be announced shortly. The Meeting is being held to: i) elect five directors to the board; ii) to appoint Ingenium [...]
General Metals and Open Gold jointly announce the entry into a definitive agreement for the acquisition by Open Gold of the Independence Gold and Silver Mining Project near Battle Mountain, Nevada by Open Gold. The Independence Project comprises 14 mining claims, covering approximately 240 acres, and 480 acres of private fee surface land exclusive [...]
Mr. Daniel J. Forbush, President and CEO of General Metals is providing a comprehensive list of questions and answers about the recent Letter of Intent that outlines a transaction between General Metals and Open Gold. Per the terms of the Letter of Intent, $2.350 million will be raised to advance the development work on the General Metals [...]