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Gold/Mining/Energy : Channel Resources (CHU T)

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From: canucklehead80	10/6/2011 8:51:33 PM
	of 29

Back in Burkina Channel Finds Gold, Stability in W Africa By Ted Niles Mining interest in Burkina Faso has grown remarkably over the last two decades. Channel Resources Ltd TSX:CHU has been there from the beginning. “Several significant projects iin Burkina were early Channel discoveries,” says Senior Vice President Cyrus Ameli. “When the price of gold and the whole exploration market really came off in the late 1990s-early-2000s, it was impossible for Channel to properly finance the exploration of these projects. There was a period where the company had to pull back from the projects and optioned a number of them away to different companies. Orezone Gold Corporation’s TSX:ORE Bomboré project was the last one.” Read the rest of this article.

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