Energold is now a member of Silicon Investor--Keith Schaefer, IR, will be posting news and answering any questions on EGD.
Energold is active in the Dominican Republic. The heart of our story is that we have staked most of the area surrounding Pueblo Viejo, the second largest gold deposit in the Western Hemisphere with 20 million ounces in the ground, with five million already been mined.
The Company is now waiting on the government for exploration permits on the properties surrounding Pueblo.
EGD does have permits for the Majagual copper porphyry target, which has returned amazingly consistent high grade surface samples over a large area. IMPACT Minerals is earning 60% by spending the first $1.25 M.
ELD owns 38%, EGD has $2 M cash roughly, as of today. Other companies active in DR are MIM, BHP, Falconbridge, juniors like KWG Resources, Double Creek Mining and IMPACT.
Check out web site energold.com |
