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Last €0.22 EUR
Change Today +0.002 / 0.90%
Volume 0.0
MI5 On Other Exchanges
As of 3:45 PM 05/22/15 All times are local (Market data is delayed by at least 15 minutes).

minco gold corp (MI5) Snapshot

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07/10/14 - €0.33
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04/7/15 - €0.17
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minco gold corp (MI5) Details

Minco Gold Corporation, an exploration stage company, is engaged in the exploration and evaluation of gold-dominant mineral properties and projects in China. The company owns a 51% interest in the Changkeng gold project located to the southwest of Guangzhou. It also owns 100% interests in Longnan projects that has 10 exploration permits located at the southern part of Gansu province. The company was formerly known as Minco Mining & Metals Corporation and changed its name to Minco Gold Corporation in January 2007 to reflect its focus on gold projects. Minco Gold Corporation was founded in 1982 and is headquartered in Vancouver, Canada.

Founded in 1982

minco gold corp (MI5) Top Compensated Officers

Chairman, Chief Executive Officer, President,...
Total Annual Compensation: C$83.3K
Vice President of Corporate Development
Total Annual Compensation: C$46.9K
Compensation as of Fiscal Year 2014.

minco gold corp (MI5) Key Developments

Minco Gold Corporation Announces Resignation of Samson Siu, Interim Chief Financial Officer and Corporate Controller

Minco Gold Corporation announced that Samson Siu, the company's interim chief financial officer and corporate controller, is no longer with the Company. The company has commenced a search for a replacement.

Minco Gold Eyes Acquisitions

Minco Gold Corporation (TSX:MMM) is looking for acquisition opportunities. Minco Gold is pleased to announce that following a strategic review of Minco Gold's mineral properties by the board of directors has entered into a share purchase agreement with Minco Silver Corporation, providing for the sale of Minco Gold's 51% undivided interest in the Changke ng Gold Project for an aggregate purchase price of $13.73 million. Minco Gold intends to use the proceeds from the transaction to pursue strategic mineral acquisitions, joint ventures or other transactions outside of China.

Minco Gold Corporation Commences Drilling Program on its Baimashi North Gold Target

Minco Gold Corporation announces that the Company has started a drilling program on its Baimashi North target located in the Yejiaba region of Gansu Province, China. The drilling program, consisting of 1,200 m core drilling in 6 holes, is designed to test a target area of roughly 1,200 m long and 600 m wide with strong gold anomalism as defined by the Company's exploration program last year. Gold mineralization at Baimashi North is largely hosted within Triassic-age, thin-bedded phyllitic limestone on the hanging-wall side of a major E-W striking, northward dipping thrust fault. Mineralization is concentrated along high angle NE, N-S, and NW trending faults and carbonate veins and displays a strong spatial association with altered syenite and diabase dikes and sills. The gold target can be characterized as a low sulfide, low silica orogenic-type gold system that is dominated by carbonate veining and carbonate (ankerite) alteration. It has a similar geological setting to a number of gold deposits in the surrounding 30 km long Qinling /Yangshan Gold Belt, which contains China's second large gold endowment with about 308 tones gold in six major deposits controlled by a number of Chinese national companies, the large of which is the Anba Gold Deposit, with about 281 tones of contained gold at 4.77 g/t. The Company conducted an initial exploration program on the property last year comprising detailed geologic mapping, rock sampling, and soil sampling. The 247 rock samples collected within an area of approximately 1,200 m long by 600 m wide run from 0.005 to 47.115 ppm Au and average 1.49 ppm. Channel samples collected from abandoned tunnels by Minco geologists this past May returned 7.5 m (true thickness) averaging 2.133 g/t including a higher grade core of 1.7 m (true thickness) at 5.1 g/t. The Baimashi North target has good potential to host a substantial bulk tonnage gold deposit.


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