Virginia Mines Inc.

Published : February 24th, 2009

Mise à jour sur la royauté du gisement ELEONORE

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Keywords :   Exploration | Mines |

MISE ? JOUR SUR LA ROYAUT? DU GISEMENT ?L?ONORE

Le 24 f?vrier  2009


Mines Virginia inc. (? Virginia ?) tient ? pr?senter ? ses actionnaires la mise ? jour sur le calcul de ressources du projet ?l?onore, d?tenu par Goldcorp inc.

 

Le 19 f?vrier dernier, Goldcorp publiait les nouveaux calculs de teneurs et de ressources du d?p?t ?l?onore sur lequel Virginia d?tient une royaut? de 2,2 % NSR au prix actuel de l?or.

 

Au 31 d?cembre, 2008, le d?p?t contient 2,3 millions onces indiqu?es de ressources aurif?res, ? une teneur moyenne de 10,05 grammes par tonne ainsi que 3,0 millions onces inf?r?es de ressources aurif?res, ? une teneur moyenne de 12,75 grammes par tonne.

 

En plus de bonifier grandement la valeur de la royaut? de Virginia au prix actuel de l?or, ce nouveau calcul permet d?anticiper que la royaut? que d?tient Virginia pourrait atteindre une valeur de plus de 3 % NSR.

 

Calcul de ressources de Goldcorp sur le gisement ?l?onore

 

Resources minerals Goldcorp*

31 d?cembre, 2008

Mesur?es & indiqu?es

Inf?r?es

Tonnage

Teneur

Contenue

Tonnage

Teneur

Contenue

Or (Au)

mt

g Au/t

m oz

mt

g Au/t

m oz

?l?onore

7,05

10,05

2,28

7,39

12,75

3,03

*Source: Goldcorp inc.

 

 

Royaut? de Virginia sur le gisement ?l?onore

 

 

Pourcentage royaut?

 

Prix de l'or

-10 %

Si le prix de l'or est ?gal ? ou moins de 350 $ US / oz

-5 %

Si le prix de l'or est plus haut que 350 $  US / oz mais moins de ou ?gal ? 400 $ US / oz

-

Si le prix de l'or est plus haut que 400 $ US / oz mais moins de ou ?gal ? 450 $ US / oz

+5 %

Si le prix de l'or est plus haut que 450 $ US / oz mais moins de ou ?gal ? 500 $ US / oz

+10 %

Si le prix de l'or est plus haut que 500 $ US / oz

 

Pourcentage royaut?

 

Nombre d'onces produites sur la propri?t?

2 %

Sur les trois premier millions d'once

+ 0,25 %

Sur les onces produits entre 3 millions onces et 4 millions onces

 0,25 %

Pour chaque million d'once d'or additionnel produit

? propos de Virginia

Virginia figure parmi les soci?t?s d?exploration mini?re les plus actives au Qu?bec, avec un fonds de roulement de 38,6 millions $ au 30 novembre 2008 et 29 201 776 actions ?mises et en circulation au 15 janvier 2009. Le titre de Virginia se transige ? la bourse de Toronto (TSX) sous le symbole VGQ. Virginia concentre ses activit?s d?exploration sur ses nombreuses propri?t?s couvrant de vastes territoires inexplor?s du Nord du Qu?bec.

 

Si vous d?sirez ne plus faire partie de la liste de distribution de Mines Virginia, veuillez r?pondre ? ce message avec la mention RETIRER DE LA LISTE.

 

POUR PLUS D'INFORMATIONS, COMMUNIQUER AVEC: Am?lie Lalibert?, Relations aux investisseurs, Paul Archer, V-P Exploration et personne qualifi?e pour la soci?t? ou Andr? Gaumond, Pr?sident.

 

200-116 St-Pierre                                        www.virginia.qc.ca                                       T?l. 418-694-9832

Qu?bec, QC G1K 4A7                               mines@virginia.qc.ca                                     T?l. 800-476-1853

Canada                                                                                                                    T?l?c. 418-694-9120

                                  

Ce communiqu? de presse renferme certains ??nonc?s prospectifs? qui comprennent des ?l?ments de risque et d?incertitude et nul ne peut garantir que ces ?nonc?s se r?v?leront exacts. Il s?ensuit que les r?sultats r?els et les ?v?nements futurs pourraient diff?rer consid?rablement de ceux anticip?s par de tels ?nonc?s. Ces risques et incertitudes sont d?crits dans le formulaire du rapport annuel r?vis?  d?pos? aupr?s des commissions des valeurs mobili?res de la Colombie-Britannique , de l?Alberta, du Manitoba, de l?Ontario et du Qu?bec, et dans le formulaire de renseignements 40-F du rapport annuel d?pos? aupr?s de la Commission des valeurs mobili?res des ?tats-Unis. La soci?t? ne s'engage ni ? mettre ? jour publiquement ni ? r?viser les ?nonc?s prospectifs par suite de nouvelles informations, d'?v?nements futurs ou d'autres ?v?nements

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Virginia Mines Inc.

DEVELOPMENT STAGE
CODE : VGQ.TO
ISIN : CA9278641084
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Virginia Mines is a gold development stage company based in Canada.

Virginia Mines holds various exploration projects in Canada.

Its main asset in development is ELEONORE in Canada and its main exploration properties are COULON JV, LA GRANDE NORD, ASHUANIPI, ASSINICA, BAY PAINE, DUQUET, LAC FAGNANT, LAC GAYOT PROJECT, LAC PAU, LA GRANDE SUD, NOËLLA, TRIESTE, WABAMISK - ANATACAU, AUCLAIR, CHUTE-DES-PASSES, CORVET EST, FCI, DIEPPE, OPINACA, POSTE LEMOYNE, LAC H, LG-4 and CARAT in Canada.

Virginia Mines is listed in Canada and in United States of America. Its market capitalisation is CA$ 541.4 millions as of today (US$ 429.7 millions, € 376.4 millions).

Its stock quote reached its lowest recent point on January 25, 2013 at CA$ 10.00, and its highest recent level on February 18, 2015 at CA$ 14.99.

Virginia Mines has 36 120 000 shares outstanding.

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Corporate Presentations of Virginia Mines Inc.
12/31/2007Virginia Mines' presentation
Annual reports of Virginia Mines Inc.
2007 Annual Report
Financings of Virginia Mines Inc.
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3/20/2013Closing of a $6 M flow-through share private placement
10/26/2012to Complete a $2.5 M Flow-Through-Share Private Placement
5/8/2012to Complete a $2.9 M Flow-Through-Share Private Placement
2/23/2012Closing of a $5,000,000 Flow-Through Share Private Placement
9/9/2011to Complete a $3 M Bought Deal Flow-Through Share Private Pl...
6/28/2011Closing of a $3.0 M Flow-Through Common Share Private Placem...
2/28/2011Closing of a $2.5 M Flow-Through Common Share Private Placem...
2/7/2011to complete a $2.5 M flow-through common share private place...
4/26/2010$2.5 M Flow-Through Private Placement Financing
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7/10/2009Grants 142,750 Stock Options
1/15/2009grants 139,750 stock options
7/15/2008grants 150,250 stock options
7/16/2007grants 127 000 stock options
Nominations of Virginia Mines Inc.
6/16/2008appoints Robin Villeneuve as Chief Financial Officer
Financials of Virginia Mines Inc.
10/14/2011announces the second quarter financial results of the curren...
1/13/2010releases its financial results for the third quarter
10/13/2009 Financial results for the second quarter ended august 31, 2...
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2/3/2014Major Development for the Coulon Project
1/23/2014Update on the =C9l=E9onore Project
5/8/2013(Lac Pau)Update on drilling campaigns at Wabamisk and Lac Pau
10/30/2012New Results on the Wabamisk Project
4/12/2012(Fci)FCI Project: Virginia Enters Into Agreement With Komet Manuf...
12/1/2011(Ashuanipi)Ashuanipi Project - Virginia enters into agreement with Angl...
12/1/2011(Ashuanipi)Ashuanipi Project: Virginia Enters Into Agreement With Anglo...
6/22/2011(Lac Pau)Signing of a CA$6 Million Agreement With IAMGOLD on the Lac ...
6/8/2011(Lac Gayot Project)Signing of a CA$10 Million Agreement With Quadra FNX on the ...
4/19/2011(Opinaca)Acquires Ressources D'Arianne's Majority Interests in the Ja...
3/14/2011(Bay Paine)Baie Payne Nickel/Copper Project: Virginia Enters Into Agree...
3/3/2011(Bay Paine)acquires Osisko Mining Corporation's interest in the the Bai...
3/3/2001(Eleonore)Update on the Eleonore project
5/27/2009(Dieppe)to Sell its Dieppe Property to Agnico Eagle Mines
2/24/2009(Eleonore)ELEONORE GOLD DEPOSIT ROYALTY
12/11/2008(Coulon Jv)to acquire a 100% interest in the Coulon JV property
1/16/2008(Coulon Jv)Coulon JV Project: Lens 08 Blossoms
11/14/2007(Coulon Jv) COULON JV PROJECT LENS 44 YIELDS 9.31% Zn, 1.67% Pb, 0.88% ...
10/10/2007(Coulon Jv)Lens 44 returns 6.95% Zn, 1.51% Cu and 34.28 g/t Ag / 26.8m ...
9/5/2007(Coulon Jv)COULON PROJECT NEW SURFACE DISCOVERY
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7/30/2013Announces Grant of Stock Options
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6/6/2013Plans an Exploration Budget of Over CA$10 Million for its 20...
5/3/2013at Metals & Minerals Conference – New York May 13 & 14
4/29/2013/Coulon Project-Extension of Lens 257 Returns the Best-to-Da...
4/4/2013TerraX Announces a Private Placement and a Royalty Option Ag...
3/28/2013new webcast
1/15/2013Grants 175,750 Stock Options
9/27/2012and Franco Nevada Jointly Acquire the Initial Royalty on the...
9/5/2012Discovery of A New Gold System on the Wabamisk Project
7/13/2012Grants 207,250 Stock Options
7/4/2012Announces a Strategic Alliance with Altius Minerals Corporat...
6/27/2012Announces a Strategic Alliance with KGHM International Ltd.
6/19/2012Plans an Exploration Budget of Over CA$20 Million for 2012
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4/5/2012Enters Into Agreement With Exploration Khalkos Inc. on the M...
1/23/2012Beginning of several drilling programs in James Bay & New LB...
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1/19/2012Beginning of Several Drilling Programs in James Bay, Planned...
1/13/2012Grants 169,750 Stock Options
12/1/2011(Ashuanipi)Projet Ashuanipi - Virginia signe une entente avec Anglo Ame...
11/25/2011The Virginia Team Again Rewarded by the Mining Industry
9/9/2011Placement priv=E9 =E0 prise ferme de 3 M $ en actions accr=E...
7/15/2011Grants 159,250 Stock Options
6/23/2011Annual Meeting and Information Session
6/23/2011Assembl=E9e annuelle et r=E9union d'information
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5/18/2011UPDATE ON WINTER 2011 DRILLING PROGRAMS IN JAMES BAY
4/19/2011Acquires Ressources D'Arianne's Majority Interests in the Ja...
3/22/2010New York presentation and webcast
11/18/2009Begins its Drilling Programs in James Bay
9/2/2009Obtains Significant New Gold Results in the James Bay Region
6/10/2009to Spend Over CA $8.5 Million in Exploration Work in 2009
6/3/2009Commence Work in the Grenville Geological Province
5/28/2009Enter Into a CA$4 M Agreement on the FCI Project
1/15/2009octroie 139 750 options d'achat d'actions
8/25/2008nouvelles recommandations d'analystes
8/25/2008New Analysts' recommendations
6/17/2008 UPDATE ON RESULTS FROM EXPLORATION ON GOLD PROJECTS IN JAME...
3/19/2008Coulon JV Project: Lens 08 Confirmed at Depth
2/13/2008 to spend $30 million in exploration work in 2008
9/20/2007Canadian Royalties and Azimut contribute $250,000 for the...
8/29/2007sells its Apple property to Strateco for 3.25 million shares
8/24/2007Reports Investment in Canadian Asset Backed Securities
8/23/2007Signing of a CA$10 Million Agreement with Breakwater Resourc...
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