Last C$0.19 CAD
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terraco gold corp (TEN) Snapshot

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07/14/14 - C$0.23
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11/21/13 - C$0.09
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terraco gold corp (TEN) Details

Terraco Gold Corp., a precious metals exploration and royalty company, is engaged in the acquisition and exploration of mineral properties and the acquisition of royalty assets. It has exploration properties in the United States and Canada, as well as royalty assets in the United States. The company primarily explores for gold and silver deposits. It has interests in the Moonlight project that covers an area of approximately 13 square miles and is located to the northeast of Reno, Nevada; the Almaden project, which covers an area of 4,300 acres and is located to the east of Weiser town Washington County, western Idaho; the Middlegate Project is located to the east of Fallon, Churchill County, Nevada; and the Bonanza-Golden Eagle Property in the Harquahala Mining District of the Little Harquahala Mountains, La Paz County, Arizona. The company also has royalty interests in the the Spring Valley Gold Project located in Pershing County, Nevada. Terraco Gold Corp. was incorporated in 1995 and is headquartered in Vancouver, Canada.

Founded in 1995

terraco gold corp (TEN) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: C$135.0K
Chief Financial Officer
Total Annual Compensation: C$67.5K
Vice President of Exploration
Total Annual Compensation: $146.6K
Compensation as of Fiscal Year 2012.

terraco gold corp (TEN) Key Developments

Terraco Gold Corp. Initiates Restructuring of Subsidiaries in Order to Consolidate its Humboldt Range

Terraco Gold Corp. announced that it has initiated the restructuring of its subsidiaries in order to consolidate its Humboldt Range, Nevada asset holdings. The streamlining of Terraco's U.S. based subsidiaries allows the company to separate and hold its Spring Valley royalty assets, along with its northerly adjoining 35 km2 Moonlight exploration project land holdings, within a single wholly-owned U.S. subsidiary. Its non-Humboldt Range assets will be held in a separate U.S. subsidiary.

Terraco Gold Reports on Barrick's 70% Earn-In on the Spring Valley Gold Project, Nevada

Terraco Gold Corp. announced that on November 18, 2013, Midway Gold Corp. (Midway) reported that Barrick Gold Corp. (Barrick) has informed Midway of the completion of $38 million in expenditures on the Spring Valley project, Pershing County, Nevada which meets the expenditure requirement for Barrick to earn a 70% interest in the joint venture. Midway also reported that the Barrick expenditures for the earn-in on the Spring Valley project are more than a year ahead of the scheduled requirements under their agreement. The Spring Valley project is a large, porphyry-hosted gold system, located approximately 32 kilometers (km) northeast of Lovelock, Nevada that hosts a NI43-101 compliant gold resource. Terraco has gold royalty coverage of up to 3% NSR on claims covering the project and also controls over 35 square km's of early-stage exploration potential (the Moonlight Project) adjoining the Spring Valley project joint venture to the north.

Terraco Gold Corp., Annual General Meeting, May 29, 2013

Terraco Gold Corp., Annual General Meeting, May 29, 2013., at 10:00 Pacific Daylight. Location: Pender Room, Conference Level. Agenda: To receive the audited consolidated financial statements and the auditor's report for the financial years ended July 31, 2012 and 2011; to elect directors for the ensuing year; to appoint the auditor for the ensuing year and to authorize the directors to fix their remuneration; to 10% stock option plan; to consider and approve the advance notice policy and an alteration to the articles to include provisions requiring advance notice of director nominees from shareholders; to consider and approve the shareholder rights plan; and to transact such other business as may properly be brought before the meeting or any adjournment or postponement at the meeting.


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