|
Canada Gold Corporation (TSXV: CI, Frankfurt: T9N, OTC-BB: CNGZF) is pleased to advise that Fundamental Research has been engaged by Canada Gold and recently released their initiating coverage of the Company, lending some expansive insight into the Company's small scale mining focused activities, including:
-
A Small Scale Mining Review
-
An overview of Northern Peru
-
Outlining the Company's business model
-
A preview of operations
-
An assessment of risk factors
-
And a review of managment and financials
I trust you'll find this of interest, and encourage you to have a look at the report by clicking below:
Since 2003, Fundamental Research Corp has been providing the highest institutional quality equaity research coverage on small and micro cap companies. They are often ranked in the Top Ten in independent third party evaluations of their research, and have developed a reputation for producing high quality research.
For more information, please contact the office or visit www.canadagold.com.
Best Regards,
Chad McMillan
Vice President, Communications
1 (604) 685-5851 - Phone
1 (888) 685-5851 - Toll Free
1 (604) 685-7349 - Fax
Corporate Head Office:
Suite 520 - 700 West Pender Street
Vancouver, BC, CANADA
V6C 1G8 ABOUT CANADA GOLD
Canada Gold has been formed for the express purpose of developing mineral processing facilities in small-scale (artisanal) mining communities. By providing local miners with access to advanced ore processing techniques, the Company's mineral processing model seeks to assist these mining communities establish sustainable socio-economic standards by encouraging entrepreneurship, curtailing health and safety risks, improving access to education and equipment, reducing environmental degradation, and minimizing the pressures contributing to child labor.
Local communities are showing strong support for the project as they understand the local social and economic benefits of having a modern processing facility located within their existing mining areas. Regional and Federal regulators have also voiced strong support for the project. The Canada Gold facility will provide an alternative processing option to the numerous small unregulated mercury amalgamation plants in the area and the associated health and environmental impacts accruing from these small scale processing activities. The start-up and commissioning of Canada Gold's first processing plant in northern Peru is scheduled for late 2010.
ABOUT ARTISANAL SMALL SCALE MINING
Much of the developing world possesses significant informal artisanal small scale mining communities, often characterized by low health, safety and environmental standards, but also significant social and economic influence. The organization of Communities and Small Scale Mining ("CASM") suggests between 13 and 20 million men, women and children from over 50 developing countries are active in small scale activities, with 100 million more dependent on this sector for their livelihood.
This communication to shareholders and the public contains certain forward-looking statements. Actual results may differ materially from those indicated by such statements. All statements, other than statements of historical fact, included herein, including, without limitations statements regarding future production, are forward looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Neither the 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. |