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http://www.stabroeknews.com/2009/news/local/06/09/canadian-company-eyes-gold-mining-in-mazaruni/
By Stabroek staff June 9, 2009 in Local News
A Canadian mining company has entered into a letter of intent (LOI) with another company to enable it to acquire up to 100% interest in a mining concession at Mazaruni.
Simberi Mining Corporation, in a press release, announced that it has entered into a letter of intent with Lori Energy Inc to enable Simberi to acquire up to a 100% interest in Prospecting Licence: PL/35SE/02/07 called the Kaburi Licence encompassing 6,431 hectares located in the Mazaruni mining district of Guyana.
The Kaburi Licence is located between the Main Kaburi River and West Kaburi River approximately 150 kilometres (km) south-southeast of Georgetown. The property is approximately 35 km northwest of the IAM Gold’s Omai gold project.
The project area is adjacent to and includes part of the Hicks Gold Zone that was explored between 1993 and 1995 by Cathedral Gold Corporation to identify a gold mineralized zone through trenching and drilling.
The gold mineralization occurs in well defined gold rich lenses within shear zones along with quartz, the release said.
It said the parties intend to complete definitive documentation for the transaction after completing due diligence, following which Simberi will acquire a 100% unencumbered interest in the Kaburi Licence from Lori. Under the LOI, Simberi has agreed to pay Cdn$50,000 on or before September 30, 2009 to acquire the property.
The release stated that Guyana is an emerging, politically stable South American country with resource potential in gold, diamonds, bauxite and oil and gas and it has a long history of gold production and new large prospective offshore oil fields are being explored by major international oil and gas companies.
Simberi Mining Corpora-tion is a Canada-based international mineral development company that develops a portfolio of natural resource properties and companies. Simberi’s main development project is the Kakanda Copper/Cobalt project in the Democratic Republic of the Congo that is held in a joint venture with Gecamines, the Congolese state mining company.
Simberi also has three exploration projects in Australia and an interest in a uranium company that has a number of exploration projects.
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Nota del editor del blog: Al referenciarse a la República Cooperativa de Guyana se deben de tener en cuenta los 159.500Km2, de territorios ubicados al oeste del río Esequibo conocidos con el nombre de Guayana Esequiba o Zona en Reclamación sujetos al Acuerdo de Ginebra dl 17 de febrero de 1966.
Territorios estos sobre los cuales el gobierno Venezolano en representación de la Nación venezolana se reservo sus derechos sobre los territorios de la Guayana Esequiba en su nota del 26 de mayo de 1966 al reconocerse al nuevo Estado de Guyana .
“...por lo tanto, Venezuela reconoce como territorio del nuevo Estado, el que se sitúa al este de la margen derecha del río Esequibo y reitera ante la comunidad internacional, que se reserva expresamente sus derechos de soberanía territorial sobre la zona que se encuentra en la margen izquierda del precitado río; en consecuencia, el territorio de la Guayana Esequiba sobre el cual Venezuela se reserva expresamente sus derechos soberanos, limita al Este con el nuevo Estado de Guyana, a través de la línea del río Esequibo, tomando éste desde su nacimiento hasta su desembocadura en el Océano Atlántico...”
http://www.stabroeknews.com/2009/news/local/06/09/canadian-company-eyes-gold-mining-in-mazaruni/
By Stabroek staff June 9, 2009 in Local News
A Canadian mining company has entered into a letter of intent (LOI) with another company to enable it to acquire up to 100% interest in a mining concession at Mazaruni.
Simberi Mining Corporation, in a press release, announced that it has entered into a letter of intent with Lori Energy Inc to enable Simberi to acquire up to a 100% interest in Prospecting Licence: PL/35SE/02/07 called the Kaburi Licence encompassing 6,431 hectares located in the Mazaruni mining district of Guyana.
The Kaburi Licence is located between the Main Kaburi River and West Kaburi River approximately 150 kilometres (km) south-southeast of Georgetown. The property is approximately 35 km northwest of the IAM Gold’s Omai gold project.
The project area is adjacent to and includes part of the Hicks Gold Zone that was explored between 1993 and 1995 by Cathedral Gold Corporation to identify a gold mineralized zone through trenching and drilling.
The gold mineralization occurs in well defined gold rich lenses within shear zones along with quartz, the release said.
It said the parties intend to complete definitive documentation for the transaction after completing due diligence, following which Simberi will acquire a 100% unencumbered interest in the Kaburi Licence from Lori. Under the LOI, Simberi has agreed to pay Cdn$50,000 on or before September 30, 2009 to acquire the property.
The release stated that Guyana is an emerging, politically stable South American country with resource potential in gold, diamonds, bauxite and oil and gas and it has a long history of gold production and new large prospective offshore oil fields are being explored by major international oil and gas companies.
Simberi Mining Corpora-tion is a Canada-based international mineral development company that develops a portfolio of natural resource properties and companies. Simberi’s main development project is the Kakanda Copper/Cobalt project in the Democratic Republic of the Congo that is held in a joint venture with Gecamines, the Congolese state mining company.
Simberi also has three exploration projects in Australia and an interest in a uranium company that has a number of exploration projects.
Related articles
Marudi Mountain gold mining licence signed Large scale gold mining at Marudi in...
Two companies granted licences for large scale gold mining Two mining companies have been granted large-scale...
French company to start Rupununi mining operation - promises major expansion within 2 years...
Canadian firm eyes Cuyuni for large scale mining, hydropower plant Guyana Goldfields Incorpo-rated has applied to the...
Pork-knocker accused of stealing raw gold from employer A pork-knocker who allegedly stole a quantity...
Nota del editor del blog: Al referenciarse a la República Cooperativa de Guyana se deben de tener en cuenta los 159.500Km2, de territorios ubicados al oeste del río Esequibo conocidos con el nombre de Guayana Esequiba o Zona en Reclamación sujetos al Acuerdo de Ginebra dl 17 de febrero de 1966.
Territorios estos sobre los cuales el gobierno Venezolano en representación de la Nación venezolana se reservo sus derechos sobre los territorios de la Guayana Esequiba en su nota del 26 de mayo de 1966 al reconocerse al nuevo Estado de Guyana .
“...por lo tanto, Venezuela reconoce como territorio del nuevo Estado, el que se sitúa al este de la margen derecha del río Esequibo y reitera ante la comunidad internacional, que se reserva expresamente sus derechos de soberanía territorial sobre la zona que se encuentra en la margen izquierda del precitado río; en consecuencia, el territorio de la Guayana Esequiba sobre el cual Venezuela se reserva expresamente sus derechos soberanos, limita al Este con el nuevo Estado de Guyana, a través de la línea del río Esequibo, tomando éste desde su nacimiento hasta su desembocadura en el Océano Atlántico...”
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