Last C$0.41 CAD
Change Today 0.00 / 0.00%
Volume 225.5K
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As of 3:57 PM 09/17/14 All times are local (Market data is delayed by at least 15 minutes).

columbus gold corp (CGT) Snapshot

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03/6/14 - C$0.63
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09/26/13 - C$0.25
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columbus gold corp (CGT) Details

Columbus Gold Corporation acquires, explores, and develops mineral properties in the United States and French Guiana. The company owns a 100% interest in the Paul Isnard gold project that consists of 8 mining concessions and a pending exploration permit application covering 190 square kilometer located in the northwestern region of French Guiana, South America. It also owns interests in other projects that are located in Nevada and Arizona. The company was formerly known as Purple Vein Resources Ltd. and changed its name to Columbus Gold Corporation in December 2004. Columbus Gold Corporation was incorporated in 2003 and is headquartered in Vancouver, Canada.

Founded in 2003

columbus gold corp (CGT) Top Compensated Officers

Chairman, Chief Executive Officer and Member ...
Total Annual Compensation: C$150.0K
Chief Financial Officer
Total Annual Compensation: C$35.7K
Chief Operating Officer
Total Annual Compensation: C$126.0K
Compensation as of Fiscal Year 2013.

columbus gold corp (CGT) Key Developments

Columbus Gold Corporation Announces Drilling Results at Montagne d'Or Gold Deposit

Columbus Gold Corporation announced drill results from an additional 12 holes of its 130-hole, 25,700 meter Phase II resource development diamond drilling campaign currently underway at its 100%-owned Montagne d'Or gold deposit, Paul Isnard Project, in French Guiana. Seventy-six drill holes have been completed, for a total of 12,975 meters, to date. Holes 157 to 163 were the last series of short holes completed in the secondary Lower Favorable Zone and Footwall Zone. Hole 161 returned an important intersection within the relatively untested FWZ, located along the northern fringe of the area of drilling. Hole 164 tested the principal Upper Felsic Zone at the western end of the area of drilling and confirmed the potential of increasing the resources in that direction. Holes 165 to 169 are the first series of priority holes planned to better define the west-central section of the UFZ. Of note, all holes cut thick sulphide-gold mineralised intervals. In addition, six large diameter HQ-calibre core holes were completed for detailed metallurgical testing as part of a preliminary economic assessment study.

Columbus Gold Corporation Appoints Peter A. Ball as Senior Vice President

Columbus Gold Corporation announced the appointment of Peter A. Ball as Senior Vice President. Mr. Ball brings close to 25 years of extensive experience and leadership as a mining professional. He has held various senior management roles with international precious metals mining companies in corporate finance, mine engineering, business development, corporate communications, public relations and marketing throughout North and South America, Asia, and Europe.

Columbus Gold Corp. Reports Third Drill Rig Arrived in French Guiana and Cleared Customs

Columbus Gold Corp. reported that a third drill rig has arrived in French Guiana and cleared customs. The rig is being mobilized to Columbus Gold's Montagne d'Or gold deposit, Paul Isnard Project, and is expected to commence operating on a 24 hour basis in due course. There are approximately 15,000 metres remaining in the current Phase II program, which on deployment of the third drill rig is scheduled to be completed this fall. Utilizing a cut-off grade of 0.4 g/t gold, the Montagne d'Or gold deposit hosts a resource of 140.1 million tonnes grading 1 g/t gold for a total of 4.31 million contained Inferred ounces of gold. The best mineralized and most consistent zones on the Montagne d'Or deposit, based on current interpretation, are located in the principal Upper Felsic Zone ('UFZ'). Drilling of the UFZ on a 50 metre spacing array began recently on June 23(rd).


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