GoldSands Development Company

Published : October 30th, 2008

Receives More Positive Results

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment
Keywords :   Argentina | Barite |

Constitution Mining receives more positive results from its Cerro Amarillo Property, Mendoza Province, Argentina.

Buenos Aires, Argentina - October, 29, 2008 - Constitution Mining Corp (CMIN.OB) announces the initial results from its property-wide grab sampling program covering the Cajon Grande prospect within the 14,222 hectare Cerro Amarillo property.  The property contains two precious metal-rich porphyry systems (Cerro Amarillo and Cajon Grande) and four colour anomalies (Dead Cow, C2, C3, and C4).

The Cajon Grande prospect lies some five kilometers southwest of the Cerro Amarillo porphyry and contains another center of porphyry mineralization with a stockwork of magnetite-actinolite-garnet veins and a modest amount of skarn.  In addition, a series of peripheral narrow siderite-barite-base metal veins and veinlets are located in the hornfelsed sediments that were intruded by the porphyry, as well as a 50m-wide hydrothermal breccia zone.

Some 66 grab samples were taken from these zones, and results returned from the ALS Chemex Laboratory in Mendoza ranged up to 4.23 g/t Au, 1,500 g/t Ag, 4.35% Cu, 6.23% Zn, and 20% Pb. 

Constitution Mining CEO, Dr. Willem Fuchter commented, "We will be following-up these results with detailed mapping of the mineralization and alteration at Cajon Grande. We are working to fully map-out the breccia zone, particularly where it disappears beneath glacial scree as this represents a significant drill target."

"With our recent announcement to acquire a leading land position in the Amazon Gold Sands district of Northeastern Peru, coupled with the ongoing success we have been having on our two gold targets in Argentina, we are solidly positioned for growth with several company making opportunities in our portfolio," added Dr. Fuchter.

About Constitution Mining Corp.
Our Mission is to consistently increase the amount of honest money - gold and silver - underlying the number of shares we have outstanding. We intend to acquire, explore for, and hold onto deposits of gold and silver. Additional information about Constitution Mining Corporation may be obtained at www.ConstitutionMining.com.

On behalf of the Board:

Dr. Willem Fuchter - CEO
Constitution Mining Corp.

Disclaimer
This release contains forward-looking statements that are based on the beliefs of Constitution Mining Corp. management and reflect Constitution Mining Corp. current expectations as contemplated under section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended. When used in this release, the words "estimate, "project," "believe," "anticipate," "intend," "expect," "plan," "predict," "may," "should," "will," "can," the negative of these words, or such other variations thereon, or comparable terminology, are all intended to identify forward-looking statements. Such statements reflect the current views of Constitution Mining Corp. with respect to future events based on currently available information and are subject to numerous assumptions, risks and uncertainties, including, but not limited to, risks and uncertainties pertaining to development of mining properties, changes in economic conditions and other risks, uncertainties and factors, which may cause the actual results, performance, or achievement expressed or implied by such forward looking statements to differ materially from the forward looking statements. The information contained in this press release is historical in nature, has not been updated, and is current only to the date indicated in this press release. This information may no longer be accurate and therefore you should not rely on the information contained in this press release. To the extent permitted by law, Constitution Mining Corp. and its employees, agents and consultants exclude all liability for any loss or damage arising from the use of, or reliance on, any such information, whether or not caused by any negligent act or omission.

For more information contact Investor Relations at (480) 237-9985.



Data and Statistics for these countries : Argentina | Peru | All
Gold and Silver Prices for these countries : Argentina | Peru | All

GoldSands Development Company

DEVELOPMENT STAGE
CODE : CMIN.OB
ISIN : US2104131006
CUSIP : 210413100
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

Goldsands Development is a gold exploration company based in United states of america.

Goldsands Development holds various exploration projects in Argentina.

Its main asset in development is PERUVIAN GOLD SANDS in Peru and its main exploration properties are ATENA and CERRO AMARILLO in Argentina.

Goldsands Development is listed in United States of America. Its market capitalisation is US$ 16.8 millions as of today (€ 11.8 millions).

Its stock quote reached its highest recent level on September 11, 2009 at US$ 1.92, and its lowest recent point on December 03, 2010 at US$ 0.10.

Goldsands Development has 88 158 120 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Annual reports of GoldSands Development Company
2007 Annual report
Nominations of GoldSands Development Company
10/2/2009Appoints Team of Leading Gold Experts
8/20/2008Appoints Chief Financial Officer
8/7/2008Appoints New Director
Project news of GoldSands Development Company
3/11/2011Gold Test Production Equipment Arrives on GoldSands Property
7/23/2010(Peruvian Gold Sands) Makes Significant Gold Discovery in the Gold Sands of Peru
6/15/2010(Peruvian Gold Sands)Sees Encouraging Phase II Drill Indications
5/12/2010(Peruvian Gold Sands)to Expand Peru Drill Program
10/26/2009(Peruvian Gold Sands)Begins Production Testing on Gold Sands
8/15/2009(Peruvian Gold Sands)Drilling Begins at the Gold Sands in Peru
7/15/2009(Peruvian Gold Sands)Finalizes Drill Plan, Readies to Commence Drilling...
6/3/2009(Peruvian Gold Sands)CMIN Retains Scott Wilson Roscoe Postle Associates for Techn...
5/19/2009(Peruvian Gold Sands)receives Preliminary Master Plan (Scoping Study) for Peruvia...
2/18/2009(Peruvian Gold Sands)Company Contracts IHC Merwede Group to Assist with Developin...
10/1/2008Signs Option To Acquire Large Land Position
Corporate news of GoldSands Development Company
4/1/2011Changes Name to GoldSands Development Company
3/29/2011Updates GoldSands Test Production Site Work
3/8/2011THE CHAIRMAN'S LETTER
9/10/2009Hires R.F. Lafferty of New York / Proposed Reincorporation i...
3/5/2009Contracts WorleyParsons
2/25/2009Company Contracts AMEC Earth & Environmental
1/22/2009Must see video on Gold Sands District of Peru...
11/17/2008Gold Sands Project Update
11/11/2008Completes Initial Gold Sands Purchase...
9/17/2008Announces Committee Members
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
OTC BB (CMIN.OB)
0.190+5.56%
OTC BB
US$ 0.190
03/31 15:40 0.010
5.56%
Prev close Open
0.180 0.190
Low High
0.180 0.200
Year l/h YTD var.
 -  -
52 week l/h 52 week var.
- -  0.190 -%
Volume 1 month var.
201,550 -%
24hGold TrendPower© : -1
Produces
Develops Gold
Explores for
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 7.75+0.52%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 11.94+9.34%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.54-2.55%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.06+0.00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 2.69+13.03%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 15.60+1.83%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.24+0.00%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.19+0.00%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 1.87+5.65%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 52.61+0.98%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.04+0.00%Trend Power :