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Last C$0.10 CAD
Change Today +0.005 / 5.56%
Volume 47.0K
BAT On Other Exchanges
As of 10:48 AM 07/3/15 All times are local (Market data is delayed by at least 15 minutes).

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batero gold corp (BAT) Details

Batero Gold Corp. operates as a precious and base metals exploration and development company in Colombia. The company explores for gold, silver, and copper deposits. It holds a 100% interest in the Batero-Quinchia project comprising 1,407.43 hectare tenement and is located in Quinchia municipality, the Department of Risaralda. The company was formerly known as Angus Resources Inc. and changed its name to Batero Gold Corp. in July 2010. Batero Gold Corp. was incorporated in 2008 and is headquartered in Vancouver, Canada.

Founded in 2008

batero gold corp (BAT) Top Compensated Officers

Chief Executive Officer and President
Total Annual Compensation: --
Compensation as of Fiscal Year 2014.

batero gold corp (BAT) Key Developments

Batero Gold Corp. Announces Results from the Oxide Sampling Program at Batero-Quinchia Project in Colombia

Batero Gold Corp. announced the latest results from the oxide sampling program at its 100% owned Batero-Quinchia Project in the Department of Riseralda, Colombia. The latest auger sampling results show values up to 1.86 g/t Au from the Dos Quebradas area, with 32 of 116 total samples having values greater than 0.7 g/t Au. Recent soil samples from the La Lenguita and Dos Quebradas areas of the project were taken at depths of 1 to 15 meters below surface in 41 auger holes. Results from La Lenguita indicate a north-northwest trend of samples assaying more than 0.75 g/t Au stretching over 250 metres. Samples assaying greater than 0.75 g/t Au at Dos Quebradas correlate with the contact between the diorite intrusive host of porphyry gold mineralization and the surrounding basalt.

Batero Gold Corp. Provides an Exploration Update for the La Cumbre Deposit and Batero-Quinchia Project, Risaralda, Colombia

Batero Gold Corp. provided an exploration update for the La Cumbre deposit and surrounding areas at the 100% owned Batero-Quinchia project, Risaralda, Colombia. The company continues to advance the project with ongoing auger sampling of the saprolite hosted gold mineralization in recently identified extensions of the oxide zone where values up to 1.44 grams per tonne gold were obtained. The company expects to complete the sampling of the oxide zone during the second quarter of 2015. Following the completion of the oxide sampling, the company intends to begin bulk sampling of the oxide mineralization for further metallurgical test work. The sampling is expected to begin in third quarter of 2015 with test work continuing through to year end. Previous phases of test work showed gold recoveries of 91.2% from 12 bottle roll tests on size fractions ranging from 70 microns to 100 microns. Column leach tests on half inch material, leached for 30 days, resulted in gold recoveries of 79.5 and 85.8%. In addition to the technical studies contemplated for the year, the company also intends to begin an Environmental Impact Assessment (EIA) in third quarter of 2015. Approval of such an EIA is a necessary step for advancement of the La Cumbre oxide deposit.

Batero Gold Reports Results of Oxide Sampling Program of La Cumbre Deposit at Batero-Quinchia Project, Risaralda, Colombia

Batero Gold Corp. provided results of a study of the oxide mineralization of the La Cumbre deposit and surrounding areas at the Batero-Quinchia project, Risaralda, Colombia. The study included mapping potential extensions of the oxide, sampling the oxide where exposed in new areas and auger sampling of the saprolite hosted oxide mineralization below overburden and a barren ash layer. The sampling was undertaken both within the area of the current resource, to further define higher grade areas, as well as outside the resource area to check for additional oxide mineralization. Results of 102 samples indicate values up to 1.46 g/t gold in channel samples and up to 2.03 g/t gold in auger samples of the oxide layer. The oxide zone at Batero-Quinchia occurs at or near surface, forming the top of the three gold porphyries La Cumbre, El Centro and Dos Quebradas. The oxide zone contains measured and indicated resources of 12.1 million tonnes grading 0.68 g/t gold (264,000 oz gold) and inferred resources of 7.5 million tonnes grading 0.48 g/t gold (116,000 oz gold) at a 0.3g/t cut-off grade. Channel samples of the outcropping oxide mineralization were typically 2 metres long. Auger samples of approximately 2kg were taken at depths ranging from 1 to 15.5 metres, depending on the thickness of barren cover (volcanic ash and/or colluvium). All samples were placed in heavy duty plastic bags, labelled, sealed and securely stored before transport to the laboratory. Samples were analyzed at ALS Laboratories in Lima Peru, following preparation at ALS in Medellin Colombia. Gold was assayed by atomic absorption spectroscopy following standard fire assay preparation (FA-AAS). Batero submitted blanks and standards with the sample batches as part of its QA/QC program. Quality control samples comprised 7% of the samples analyzed.


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