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13.12.2011
BONIFAZ GOLD PLC makes major Silver discovery on its Caballo Blanco Gold Mining Concession.
BONIFAZ GOLD PLC makes major Silver discovery on its Caballo Blanco Gold Mining Concession.
London, December13th2011. BONIFAZ GOLD PLC, (BOG.F – WKN: A1H5HC) has announced a significant successin the results of the first metallurgical tests with ore from the Caballo Blanco Mine. The tests have confirmed a gold grade of 76 grams per metric ton and 19 grams of silver per metric ton.
Oscar A. Bonifaz, CEO states, “The metallurgical tests at the gravity concentration mill have not only been a success,they have also enabled our engineers to make a major silver discoveryof a substantial amount of silver in the ore from Caballo Blanco”.He has also stated, “The silver discovered in the ore from Caballo Blanco will have animportant impact in the revenues from this property” He added, “We look forward to continued success forour shareholders”.
BONIFAZ GOLD PLC (BG) is a British mining company with metallic and non-metallic operations and mineral deposits throughout Bolivia, South America. The Bonifaz Gold group has been operating since 1992 and used its knowledge, experience and resources to acquire and accumulate some of the richest gold and non‐metallic ore reserves in South America. The BG group currently has 44 mines in Bolivia, covering 10,670 hectares (26,366 acres) and representing approximately US$ 9 billion (€7 billion) of proved and probable reserves.
Further information can be found on the BONIFAZ GOLD PLC website at:www.BonifazGold.com.
Contact:
info@BonifazGold.com
IR – Kontact Deutschland:
Connecting Markets Gmbh
Telefon: +49 (0) 40 7166 4761
Registered office in England and Wales
BONIFAZ GOLD PLC
88 Wood Street, 10th Floor
London EC2V 7RS, United Kingdom
U.K Company No. 07432940
mailto:Disclaimer
This press release contains forward-looking statements based on beliefs of BONIFAZ GOLD PLC management. When used in this press release, words such as "anticipate", "believe", "estimate", "expect", "intend", "plan" and "project" are intended to identify forward-looking statements. Such statements reflect the views of Bonifaz Gold as of the date made with respect to future events and are subject to risks and uncertainties. Many factors could cause actual results to be materially different from those projected here, including, among others, changes in general economic and business conditions, changes in currency exchange rates and interest rates, introduction of competing products, lack of acceptance of new products or services and changes in business strategy. Bonifaz Gold disclaims any intention or obligation to update these forward-looking statements.
The data on proved and probable reserves of minerals have been calculated and inferred based on multiple geological and metallurgical studies carried out by independent geologists and mining professionals and may not necessarily coincide with various classes of mineral resources as defined by the Canadian Institute of Mining (CIM).
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London, December13th2011. BONIFAZ GOLD PLC, (BOG.F – WKN: A1H5HC) has announced a significant successin the results of the first metallurgical tests with ore from the Caballo Blanco Mine. The tests have confirmed a gold grade of 76 grams per metric ton and 19 grams of silver per metric ton.
Oscar A. Bonifaz, CEO states, “The metallurgical tests at the gravity concentration mill have not only been a success,they have also enabled our engineers to make a major silver discoveryof a substantial amount of silver in the ore from Caballo Blanco”.He has also stated, “The silver discovered in the ore from Caballo Blanco will have animportant impact in the revenues from this property” He added, “We look forward to continued success forour shareholders”.
BONIFAZ GOLD PLC (BG) is a British mining company with metallic and non-metallic operations and mineral deposits throughout Bolivia, South America. The Bonifaz Gold group has been operating since 1992 and used its knowledge, experience and resources to acquire and accumulate some of the richest gold and non‐metallic ore reserves in South America. The BG group currently has 44 mines in Bolivia, covering 10,670 hectares (26,366 acres) and representing approximately US$ 9 billion (€7 billion) of proved and probable reserves.
Further information can be found on the BONIFAZ GOLD PLC website at:www.BonifazGold.com.
Contact:
info@BonifazGold.com
IR – Kontact Deutschland:
Connecting Markets Gmbh
Telefon: +49 (0) 40 7166 4761
Registered office in England and Wales
BONIFAZ GOLD PLC
88 Wood Street, 10th Floor
London EC2V 7RS, United Kingdom
U.K Company No. 07432940
mailto:Disclaimer
This press release contains forward-looking statements based on beliefs of BONIFAZ GOLD PLC management. When used in this press release, words such as "anticipate", "believe", "estimate", "expect", "intend", "plan" and "project" are intended to identify forward-looking statements. Such statements reflect the views of Bonifaz Gold as of the date made with respect to future events and are subject to risks and uncertainties. Many factors could cause actual results to be materially different from those projected here, including, among others, changes in general economic and business conditions, changes in currency exchange rates and interest rates, introduction of competing products, lack of acceptance of new products or services and changes in business strategy. Bonifaz Gold disclaims any intention or obligation to update these forward-looking statements.
The data on proved and probable reserves of minerals have been calculated and inferred based on multiple geological and metallurgical studies carried out by independent geologists and mining professionals and may not necessarily coincide with various classes of mineral resources as defined by the Canadian Institute of Mining (CIM).
NEWSLETTER REGISTRIERUNG:
Aktuelle Pressemeldungen dieses Unternehmens direkt in Ihr Postfach:
<a href="http://www.irw-press.com/alert_subscription.php?lang=en&isin=GB00B460HL17">http://www.irw-press.com/alert_subscription.php?lang=en&isin=GB00B460HL17</a>
Mitteilung übermittelt durch IRW-Press.com. Für den Inhalt ist der Aussender
verantwortlich.
Kostenloser Abdruck mit Quellenangabe erlaubt.