Levon Resources CEO Ron Tremblay Awaits Completion of Transaction in 2015

- March 9th, 2015

Levon Resources (TSX:LVN) CEO Ron Tremblay spoke to the Investing News Network at the 2015 PDAC conference in Toronto about the Cordero project in Chihuahua, Mexico and a pending acquisition which could be, “very good for the shareholders.”

Levon Resources (TSX:LVN) CEO Ron Tremblay spoke to the Investing News Network at the 2015 PDAC conference in Toronto about the Cordero project in Chihuahua, Mexico.  In 2014, Levon completed the acquisition of the Aida claim for $2 million, and completed drilling on it. Levon is working on an acquisition transaction, and is waiting for its completion. According to Mr. Tremblay, “it’ll be very good for the shareholders, and I think there could be some dividend-type situation, hopefully if it all goes thru.”

An updated resource estimate was released in September 2014 for the Cardero Project, which included an estimate of 848.5 million tonnes grading 41.03 G/T silver equivalent indicated resource, calculated at $20 per ounce of silver, including 488,494,796 oz of silver, 1,366,129 oz gold, nine billion pounds of zinc and 4.7 billion pounds of lead.

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