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Last C$0.07 CAD
Change Today -0.005 / -6.67%
Volume 2.0K
BAT On Other Exchanges
As of 2:12 PM 07/29/15 All times are local (Market data is delayed by at least 15 minutes).

batero gold corp (BAT) Snapshot

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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 its 100% Owned Batero-Quinchia Project

Batero Gold Corp. announced results from the oxide sampling program at its 100% owned Batero-Quinchia Project in the Department of Risaralda, Colombia. The latest auger sampling results show values up to 2.64 grams per tonne gold from the La Cumbre area, with 27 of the 67 samples (40%) having values greater than 0.75 grams per tonne gold and 14 samples (21%) having values greater than 1 gram per tonne gold. Batero has also begun work on a Work and Investment Plan (PTO) for the La Cumbre oxide deposit. Auger sampling of the La Cumbre oxide to date have defined a mineralized zone, averaging more than 0.75 grams per tonne gold, over 500 metres in a northwest ­ southeast direction and varying in width from 100 to 250 metres wide. This zone is parallel to a dominant northwest-southeast structural trend that is one of the mineralization controls in the district. Results of the latest batch of 67 samples vary from 0.022 grams per tonne gold to a high of 2.64 grams per tonne gold and average 0.63 grams per tonne gold.

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.


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