Links of London Resources

Metal Bulletin com November .GMTAscot Mining has finished paying £ million . million Links of London its acquisition of the Chassoul gold mine in Costa Rica ahead of schedule, the company announced on Monday. Full payment for the mine, which has a targeted nearterm production of , oz per month of gold, was due in January . Infrastructure, mill and plant facilities and the capacity expansion to tpd have Links of London Flip Flop 3 FlowerS Charm been successful and commissioning is now complete, the company said. Gold dore pouring will start in late November and will continue afterwards at regular intervals. The Chassoul mine has one explored vein and eight unexplored veins. The company is planning an exploration programme in the first half of the year to quantify the "exciting potential" of the veins, Ascot`s London representative Damien Daly told MB. Ascot Mining raised £ million for the acquisition in loan notes from Red Rock Resources, SF tps Smaller Companies Gold Fund and Hameldon ResourcesLinks of London Flutter & Wow 18ct Gold Stiletto Earrings company raised an extra £, in working capital through warrants for million new shares, valid for five years, at £. each. Ascot shares were trading on November at €. . up from €. a month ago. Ascot also has operational interest in the Tres Hermanos and El Recio gold concessions, which are km from the Costa Rican capital San Jose. These mines, which require some investment, are scheduled to come on stream in the first quarter of . This means by mid total production should reach , oz per month, Damien Daly told MB. Ascot is always actively looking at acquiring other smallscale mines in Costa Rica which fit the company`s "robust" business model, Daly said, adding that while the shortterm focus remains on Costa Rica, in the long term the company is prepared to expand elsewhere. Links of London Four LeaF CloveR Charm gold miner is also working to identify a nominated advisor by the end of the year to assist Ascot`s move to London`s Alternative Investment Market AIM from the PLUS Markets stock exchange. Once the advisor is chosen, the exchange transfer will be complete within a couple of months, a spokesman told MB.

Par feng3 le mercredi 15 décembre 2010

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