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crown gold corp (CWM) Details

Crown Gold Corporation, an exploration stage company, engages in the exploration, development, and production of mineral properties in Ontario, Canada; and Nevada, the United States. It primarily explores for gold and silver deposits. The company was formerly known as Crown Minerals Inc. and changed its name to Crown Gold Corporation in August 2010, as a result of its amalgamation with Gold Summit Corporation. Crown Gold Corporation is headquartered in Toronto, Canada.

crown gold corp (CWM) Top Compensated Officers

Chief Executive Officer, President, Secretary...
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Compensation as of Fiscal Year 2012.

crown gold corp (CWM) Key Developments

Crown Gold Corporation Presents Initial Resource Estimates for its Superior Copper Project in California

Crown Gold Corporation announced initial resource estimates, compliant with the requirements of National Instrument 43-101, for its 100% controlled Superior and Engels copper deposits located in northeast California, USA. Highlights: an inferred mineral resource of 54 million metric tones at an average grade of 0.41% total copper with £487 million of contained copper in the Superior Deposit. An inferred mineral resource of 2.6 million metric tones at an average grade of 1.05% total copper with £60 million of contained copper in the Engels Deposit. In order to establish a reasonable prospect of economic extraction in an open pit context, the resources were defined: within an optimized pit shell with pit walls set at 45 degrees; estimated recovery of 90% for copper recovered by flotation and 80% for copper recovered by SX-EW; mining costs of $2.80/tone of material mined; process costs of $8.00/tone of material processed by flotation and $1.35/lb Cu for material processed by SX-EW; and general and administrative costs of $2.00/tone processed. Mineral resources were estimated by ordinary kriging, using Techbase software in 10 by 10 by 10 meter blocks for the Engels Deposit and 20 m by 20 m by 10 m blocks for the Superior Deposit, both constrained by probabilistic grade shells based on a 0.2% total copper cut-off. Grade estimates within the grade shells were based on uncapped, 5 meter composited assay data. Despite otherwise sufficient data density, blocks were classified as inferred mineral resources primarily due to reliance on historic core drill hole data for which adequate documentation of sampling, analytical and QA/QC protocols consistent with current industry standards does not exist. The mineral resources were estimated using current Canadian Institute of Mining, Metallurgy and Petroleum (CIM) standards, definitions and guidelines. Mineral resources that are not mineral reserves do not have demonstrated economic viability. The estimate of mineral resources may be materially affected by environmental, permitting, legal, title, taxation, sociopolitical, marketing, or other relevant issues. The quantity and grade of reported inferred resources in this estimation are uncertain in nature and there has been insufficient exploration to define these inferred resources as an indicated or measured mineral resource and it is uncertain if further exploration will result in upgrading them to an indicated or measured mineral resource category. The company is preparing a NI 43-101 compliant technical report in respect of the updated resource estimate discussed in this news release and will file the technical report on SEDAR within 45 days of the date on which this news release is disseminated.

Battersea Power Station Development Company Appoints Cushman & Wakefield and CWM as Retail Property Consultants

Battersea Power Station Development Company has appointed Cushman & Wakefield and CWM as retail property consultants.

Crown Gold Corporation, Annual General Meeting, Jun 26, 2013

Crown Gold Corporation, Annual General Meeting, Jun 26, 2013., at 11:00 Eastern Daylight. Location: Offices of Suite 1010. Agenda: To approve audited consolidated financial statements for the financial year ended December 31, 2012, together with the report of the auditor thereon; to elect the directors of the corporation; to re-appoint McCarney Greenwood LLP as auditors of the corporation and to authorize the directors to fix the auditors' remuneration and the terms of their engagement; to ratify and approve the current Stock Option Plan of the corporation; to consider and, if thought fit, pass with or without variation, an ordinary resolution confirming an amendment to By-law No. 2 of the corporation to add an advance notice requirement for the nomination of directors by shareholders in certain circumstances, as more particularly described in accompanying management information circular; and to transact such other business as may properly be brought before the meeting or any adjournment or adjournments thereof.


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