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Entree Gold Inc

Publié le 20 juillet 2015

Entree Gold Enters Into Agreement to Acquire NSR Royalty ...

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Entree Gold Enters Into Agreement to Acquire NSR Royalty From Candente Copper

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jul 20, 2015) - Entrée Gold Inc. (ETG.TO)(NYSE MKT:EGI)(EKA.F) ("Entrée" or the "Company") announces that it has entered into a binding Letter of Intent (the "Agreement") with Vancouver based Candente Copper Corp. ("Candente") to acquire a 0.5% net smelter returns royalty (the "Royalty") on Candente's 100% owned Cañariaco project in Peru.

The purchase price for the Royalty is US$500,000. The Agreement is subject to the execution of a definitive royalty agreement, among other things.

The Cañariaco project includes the Cañariaco Norte copper-gold-silver deposit, as well as the adjacent Cañariaco Sur and Quebrada Verde prospects, located within the western Cordillera of the Peruvian Andes in the Department of Lambaveque, Northern Peru.

Greg Crowe, President and CEO of Entrée, commented "We are excited to be presented with this opportunity to acquire a royalty on the Cañariaco project in Peru. Like our Ann Mason deposit in Nevada, Cañariaco Norte is a large scale, open pittable, long life porphyry copper deposit located in an extremely desirable jurisdiction."

"Cañariaco Norte, Cañariaco Sur and Quebrada Verde all lie within a prolific trend of producing mines and known deposits. Candente has a strong management team that is steadily advancing Cañariaco Norte to Feasibility, and we believe the project is well positioned for eventual development."

In March 2011, Candente filed a National Instrument 43-101 technical report titled "Cañariaco Project, Lambayeque Department, Peru, NI 43-101 Technical Report on Pre-Feasibility Study Progress Report". The effective date of the report is January 18, 2011 and it was prepared by AMEC Americas Limited (now Amec Foster Wheeler). The Cañariaco Norte deposit is reported to contain mineral resources of approximately 3.6 billion pounds of copper in the Measured category (338 million tonnes ("Mt") grading 0.48% copper, 0.08 grams per tonne ("g/t") gold and 2.0 g/t silver), 3.9 billion pounds of copper in the Indicated category (414 Mt grading 0.43% copper, 0.06 g/t gold and 1.7 g/t silver), and 1.4 billion pounds of copper in the Inferred category (158 Mt grading 0.41% copper, 0.06 g/t gold and 1.7 g/t silver), using a 0.3% copper cut-off.

Lire la suite de l'article sur finance.yahoo.com

Entree Gold Inc

EXPLORATEUR
CODE : ETG.TO
ISIN : CA29383G1000
CUSIP : 29383G100
Suivi et investissement
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Entree Gold est une société d’exploration minière d'or basée au Canada.

Entree Gold détient divers projets d'exploration en Australie et en Mongolie.

Ses principaux projets en exploration sont MANLAI, EMPIRICAL EAST, EMPIRICAL WEST, HERUGA (LOOKOUT HILL), ANN MASON, HUGO NORTH EXTENSION, WESTERN MELS et OYU TOLGOI MONGOLIA en Mongolie, BLUE ROSE, SENTINEL, CORK TREE, ARRINO, BLUE HILLS, BISBEE et LORDSBURG en Australie et HUAIXI et BLACKJACK PROPERTY en Chine.

Entree Gold est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 147,6 millions CA$ (118,0 millions US$, 103,3 millions €).

La valeur de son action a atteint son plus bas niveau récent le 16 février 2001 à 0,16 CA$, et son plus haut niveau récent le 13 juillet 2007 à 3,67 CA$.

Entree Gold possède 171 570 000 actions en circulation.

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Rapports annuels de Entree Gold Inc
Annual report 2007
Financements de Entree Gold Inc
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