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Re: News Release - Tuesday, January 03, 2012
Barisan Gold Initial Abong Resource to be Released on January 9,
2012
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VANCOUVER, B.C. -- January 3, 2012 -- Barisan Gold Corporation
(TSXV-BG) is pleased to announce that it expects to release its initial
National Instrument 43-101 ("NI 43-101") compliant resource estimate
for the Abong deposit on January 9, 2012. The NI 43-101 compliant
resource and technical report are being prepared by Mining Associates
Pty Ltd. out of Brisbane, Australia. The resource calculation is being
based on 130 drill holes completed by East Asia Minerals Corp. at Abong
during the 2007-08 period for a total of 8,660 meters. Barisan Gold
senior management will be in North America during the week of January
9, 2012 to discuss the results.
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
To receive or stop receiving BG news via email, please email
info@barisangold.com and state your preference in the subject line.
FOR FURTHER INFORMATION, visit the Company's website at
www.barisangold.com, or contact:
Kristy Reynolds, Investor Relations Vancouver T: +1 604 684 2183
E: reynolds@barisangold.com
About Barisan Gold Corporation
Barisan Gold (BG-TSXV) is a Canadian-based minerals exploration company
listed on the TSX Venture Exchange under the symbol "BG". The Company
is engaged in the exploration, acquisition and development of mineral
properties in Indonesia. Barisan Gold currently owns and operates
three gold and gold-copper properties in Indonesia's Aceh Province on
the northern tip of Sumatra Island, namely the Barisan gold-copper
porphyry belt, the Abong epithermal gold project and the Takengon
gold-copper porphyry prospect. Barisan Gold currently has 40,706,186
shares outstanding.
Caution Regarding Forward Looking Statements
Certain statements in this News Release, which are not historical in
nature, constitute "forward looking statements" within the meaning of
that phrase under applicable Canadian securities law. When used in
this News Release, such statements use words such as "may", "will",
"expect", "intend", "anticipate" and other similar terms. These
statements reflect management's current assumptions and expectations
regarding future results, performance or events as of the date hereof
and by their nature are subject to certain underlying assumptions,
known and unknown risks and uncertainties and other factors which may
cause actual results, performance or events to be materially different
from those expressed or implied by such forward looking statements.
Forward looking statements involve significant risks and uncertainties
and should not be read as guarantees of future or performance results.
Accordingly, readers should not place undue reliance on any forward
looking statement.
Forward looking statements are based on assumptions, estimates,
analysis and opinions of management made in light of its experience and
its perception of trends, current conditions and expected developments,
as well as other factors that management believes to be relevant and
reasonable in the circumstances at the date that such statements are
made. The Company believes that the assumptions and expectations
reflected in such forward looking statements are reasonable.
Forward looking statements are also subject to known and unknown risks,
uncertainties and other factors that may cause actual results to be
materially different from those expressed or implied by such forward
looking information. Those risks include the interpretation of drill
results and the estimation of mineral resources and reserves; the
geology, grade and continuity of mineral deposits; the possibility that
future exploration, development or mining results will not be
consistent with our expectations; commodity and currency price
fluctuation; failure to obtain adequate financing; regulatory,
permitting and licensing risks; and general market and mining
exploration risks.
Except as required by applicable securities laws, the Company disclaims
any obligation to update or revise any forward looking statements to
reflect events or changes in circumstances that occur after the date
hereof. Forward-looking statements should not be construed as
investment advice. Readers should perform a detailed, independent
investigation and analysis of the Company and are encouraged to seek
independent professional advice before making any investment decision.
Investment in the common shares of the Company involves substantial
risk. Please refer to the Prospectus, in particular, the section with
the heading "Risk Factors".
This news release does not constitute an offer to sell or a
solicitation of an offer to buy any of the securities in the United
States. The securities have not been and will not be registered under
the United States Securities Act of 1933, as amended (the "U.S.
Securities Act") or any state securities laws and may not be offered or
sold within the United States or to U.S. Persons unless registered
under the U.S. Securities Act and applicable state securities laws or
an exemption from such registration is available.
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Copyright (c) 2012 BARISAN GOLD CORPORATION (BG) All rights reserved.
For more information visit our website at http://www.barisangold.com/
or send mailto:info@barisangold.com
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San Gold Corporation
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PRODUCER |
CODE : SGR.V |
ISIN : CA79780P1045 |
CUSIP : 797902 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
San Gold Corp. is a gold producing company based in Canada. San Gold Corp. holds various exploration projects in Canada. Its main asset in production is RICE LAKE in Canada and its main exploration properties are STRIKE POINT, SG-1 MINE, CARTWRIGHT, HINGE MINE and 007 ZONE in Canada. San Gold Corp. is listed in Canada and in United States of America. Its market capitalisation is CA$ 1.9 millions as of today (US$ 1.5 millions, € 1.3 millions). Its stock quote reached its highest recent level on May 14, 2010 at CA$ 5.00, and its lowest recent point on July 13, 2015 at CA$ 0.01. San Gold Corp. has 374 769 984 shares outstanding. |