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Batero Quinchia Project
Batero Quinchia
Country
Colombia
Province
Risaralda
Close to
Quinchia
Status
EARLY DISCOVERY
Surface
14 km² / 3,477 acres
Latitude / Longitude
5 N 20 / 75 W 43
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Gold -
Risk and valuation analysis of the Batero Quinchia Project
Status Risk : Early discovery
Country Risk : Important
Title(s) of the Batero Quinchia Project
Batero Gold Corp
Owner: 100%
Title
Company Profile
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Company website
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The Company paid $1,680,000 in units priced at $1.50 each to complete the 100% acquisition of the Quinchia Project. A total of 1,120,000 units will be issued to complete the acquisition of the property. Each unit comprises a share and a half warrant, with each full warrant exercisable for two years at a price of $2.25
Location of the Batero Quinchia Project
The Batero-Quinchia Project is located within the Municipality of Quinchia, Department of Risaralda, Republic of Colombia, approximately 55 km to the north of the regional capital, Pereira
History of the Batero Quinchia Project
Previous exploration of the Batero-Quinchia Project was completed in 2006 that comprised diamond drilling totaling 4090 metres. Fifteen holes were drilled to an average depth of 250 metres. The two deepest drill holes tested the main targets to total depths of 492.7 and 550 metres.
Resources targeted of the Batero Quinchia Project
Gold -
Exploration and drilling
10/27/2010
BATERO COMMENCES PHASE 1 DIAMOND DRILL PROGRAM
10/12/2010
Initiates Ground Geophysics Program
9/10/2010
Amends Terms of Acquisition Agreement-100% Ownership of Quin...
7/26/2010
Completes Colombian Quinchia Gold Property Acquisition and $...
4/1/2010
proposes to advance a refundable deposit of $200,000 to Soci...
3/16/2010
ANGUS RESOURCES SIGNS DEFINITIVE PURCHASE AGREEMENT
1/6/2010
MOU to acquire all of the issued and outstanding shares of S...
10/16/2009
Angus Signs MOU to Acquire Colombian Property
Discoveries and Drilling Results
3/7/2011
Intersects 460.00 Metres Grading 0.70 g/t Gold and 0.12% Cop...
2/17/2011
Intersects 519.70 Metres Grading 0.80 G/T Gold and 0.14% Cop...
9/9/2010
Discovers New Zone Of Porphyry Mineralization
Location
Data last updated on : 11/6/2010
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