Part of the Stock Digest group of websites: Visit Tech Stock Digest  

VANCOUVER (miningweekly.com) – Colombia-focused explorer GoldMining has consolidated gold/copper porphyry projects in the underexplored Mid Cauca Belt, adding the La Mina project to its portfolio following the closing of its C$13.5-million acquisition of fellow junior Bellhaven Copper and Gold.

La Mina bolsters GoldMining’s existing asset base that includes the Titiribi gold/copper project and bordering concession applications.

GoldMiningꞌs Colombian portfolio has total contained resources of 5.3-million ounces of gold, or 7.2-million ounces of gold equivalent in the compliant measured and indicated mineral categories, and 3.5-million ounces of gold (3.9-million ounces of gold equivalent) in the inferred category.

The La Mina asset hosts the Middle Zone and La Cantera deposits, as well as several high-priority prospects including La Garrucha, El Limon, El Oso, Media Luna and Buenavista, the company advised.

La Mina’s pit-constrained resource totals 1.01-million ounces of gold equivalent, grading 1.12 g/t gold equivalent in the indicated category, and 430 000 oz gold equivalent, grading 1.07 g/t gold equivalent in the inferred category, at a 0.25 g/t gold cutoff.

According to GoldMining, the La Garrucha aeromagnetic anomaly is substantially larger than those associated with either the La Cantera or Middle Zone deposits. The last drill hole completed at La Garrucha intersected 271 m grading 1.03 g/t gold and 0.13% copper, as reported by Bellhaven in September 2013.

Click here to continue reading...

Subscribe to the RSD email list and get the latest resource stock activity directly to your inbox, for free.

MARKET SUMMARY

INDICES

Name Last Change
DOW 26562.10 0.68%
S&P 500 2919.37 0.35%
NASDAQ 7993.25 0.08%
TSX 16207.32 0.10%
TSX-V 714.22 0.00%

Resource Commodities

Name Last Change
Gold 1198.71 0.02%
Silver 14.27 0.14%
Copper 2.82 0.020
Platinum 828.00 0.46%
Oil 72.08 1.80%
Natural Gas 3.04 2.01%
Uranium 27.30 0.29%
Zinc 1.11 0.00%

@RSDigest ON TWITTER

Part of the Stock Digest family of websites
Small Cap Stock Digest