Caldas Gold Corp
The Canadian company that owns a gold mine in Marmato, Colombia, can be traded on the Toronto Stock Exchange markets.
Caldas Gold Corp. is a Canadian company that owns a gold mine in Middle Cauca 80 km south of Medellin.
Caldas is a company that was born from the promoter and organizer of Gran Colombia Gold Corp. which performed a reverse take over with Blunose Gold Corp. The company “is well capitalized to take the Marmato Project forward as it completes the prefeasibility study for the underground mine expansion in the first half of 2020 and continues drilling the Deep Zone mineralization. … The Marmato Mining Assets principally comprise the existing producing underground gold mine (including the right to mine in the lower portion of the Echandia license area), the existing 1,200 tonnes per day processing plant and the area encompassing the Deeps mineralization, all located within the mining license area referred to as Zona Baja. The existing underground mine at Marmato produced 25,750 ounces of gold in 2019, representing a 3% increase over 2018, and Caldas Gold expects to produce between 32,000 and 37,000 ounces of gold in 2020.” It can be read in the press communication launched by Gran Colombia Gold.
Starting from February 28, 2020 Caldas Gold Corp. can be exchanged on the Toronto Stock Exchange market with an industrial plan that optimizes the exploitation of the mine leading to an increase in production by 50% in the first year of listing.
Thanks to the international network of the Redelfi team and our scalable business models, we followed and entered Caldas Gold Corp by signing a private placement.
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