savary gold corp (SCA:Venture)
savary gold corp (SCA) Snapshot
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Open
C$0.08
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Previous Close
C$0.08
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Day High
C$0.08
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Day Low
C$0.08
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52 Week High
09/17/12 - C$0.35
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52 Week Low
05/9/13 - C$0.05
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Market Cap
1.9M
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Average Volume 10 Days
39.6K
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EPS TTM
C$-0.02
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Shares Outstanding
25.2M
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EX-Date
--
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P/E TM
--
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Dividend
--
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Dividend Yield
--
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Related News
savary gold corp (SCA) Related Businessweek News
No Related Businessweek News Foundsavary gold corp (SCA) Details
Savary Gold Corp., a junior exploration company, engages in the exploration and evaluation of gold projects in Africa. It holds interests in the Houndé South gold property that consists of 2 exploration licenses covering 375 square kilometers located in the southwestern region of Burkina Faso, West Africa. The company was formerly known as Savary Capital Corp. and changed its name to Savary Gold Corp. in September 2012. Savary Gold Corp. was incorporated in 2008 and is headquartered in Vancouver, Canada.
savary gold corp (SCA) Key Developments
Savary Gold Corp. announced the appointment of Charles Mostert, the President and Chief Executive Officer of the company, to the board of directors. Mr. Mostert replaces Mark Morabito, who has resigned from the board.
Savary Gold Corp. reported the identification of a second zone of significant gold mineralization in a previously untested area on its Houndé South property, located in southwestern Burkina Faso. This new zone of mineralization, known as Karangosso and represented by drillholes HS-RC-13-63 & 64 in the table below, is 20 kilometres southwest of Kien, the initial new zone of mineralization identified during this current drilling program. These two new mineralized zones, Kien and Karangosso, along with the previously known Kueredougou and Diosso South zones, demonstrate the considerable economic potential of the mineralization contained within the Houndé South property. The Houndé South property consists of two exploration licenses, Diosso and Mandiasso, totaling 375 square kilometres, and is located in the Birimian age Houndé Greenstone Belt of West Africa, currently the fastest growing gold producing area in the world. Drilling was carried out by Major Drilling Burkina Faso SA. using a track-mounted RC drill rig. Sampling of the RC chips was conducted on one metre intervals from surface. Each sample was dried, crushed to 85% passing 2mm and then split to 1.5 kg by riffle splitter. The 1.5 kg, 2 mm split was pulverized to 95% passing 106mm. Fifty grams of the pulverized material was analysed for gold via fire assay with an atomic absorption spectroscopy (AAS) finish. Although not accredited, SGS Burkina Faso SA. operates according to ISO 17025 standards and institutes a full Quality Assurance/Quality Control (QA/QC) program consisting of insertion of blanks, standard reference material, repeats and reject splits which in total account for up to 25% of all determinations conducted. In addition to SGS QA/QC procedures, Savary Gold instituted its own QAQC program consisting of blind and random insertion of standard reference material (1 in 20 samples), field duplicates (3 in 100 samples) and blank samples (2 in 100 samples). Both Major Drilling Burkina Faso SA. and SGS Burkina Faso SA. are independent of Savary Gold.
Savary Gold Corp. reported the identification of a second zone of significant gold mineralization in a previously untested area on its Houndé South property, located in southwestern Burkina Faso. This new zone of mineralization, known as Karangosso, is 20 kilometres southwest of Kien, the initial new zone of mineralization identified during this current drilling program. These two new mineralized zones, Kien and Karangosso, along with the previously known Kueredougou and Diosso South zones, demonstrate the considerable economic potential of the mineralization contained within the Houndé South property.
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| SCA:CN | C$0.08 CAD | 0.00 | |
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Industry Analysis
SCA
Industry Average
| Valuation | SCA | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | -- | Not Meaningful |
| Price/Book | 0.8x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | -- | Not Meaningful |
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To contact SAVARY GOLD CORP, please visit www.savarygold.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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