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Columbus Gold Corp. (TSXV:CGT) announced its immediate acquisition of the Paul Isnard gold project.
Columbus Gold Corp. (TSXV:CGT) announced its immediate acquisition of the Paul Isnard gold project.
As quoted in the press release:
For clarity, Columbus Gold will no longer be required to complete minimum exploration expenditures nor complete a bankable feasibility study. The Paul Isnard Project includes the 43-101 compliant 1.9 million ounce Montagne d’Or inferred gold deposit.
Columbus Gold’s Chairman and CEO, Robert Giustra said:
This latest amendment results in an acquisition cost of about US$5.30 per ounce for 1,890,000 inferred ounces, which is a very impressive achievement in an environment of historically high gold prices.
Click here for the Columbus Gold Corp. (TSXV:CGT) press release.
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