Business
CANADA GOLD ENTERS COLOMBIA, REDUCES ACTIVITIES IN PERU MR. ANDREW NEALE, PRESIDENT & CEO RESIGNS
CANADA GOLD ENTERS COLOMBIA, REDUCES ACTIVITIES IN PERU MR. ANDREW NEALE, PRESIDENT & CEO RESIGNS
About this update from South Star Battery Metals Corp
[{"type":"text","content":"\nCANADA GOLD ENTERS COLOMBIA, REDUCES ACTIVITIES IN PERU MR. ANDREW NEALE, PRESIDENT & CEO RESIGNS\n\n\n Apr. 14, 2010 (TheNewswire.ca) -- Vancouver, British Columbia, Canada - April 14th, 2010 - Canada Gold (OOTC:CNGZF) (TSXV:CI) Corporation (TSX-V: CI, Frankfurt: T9N, OTC-BB: CNGZF)(\"Canada Gold\" or the \"Company\") announces that in its pursuit of establishing modern, efficient and environmentally compatible processing plants for small scale miners in developing countries, the Company has initiated a full pre-investment study in Colombia, South America, through the Company's new wholly owned subsidiary, Canada Gold Colombia S.A.S.Colombia is home to approximately 200,000 small scale miners[1], numerous small scale miner associations, a decentralized form of government with favorable mining laws and the political will to have the small scale mining and processing industries operate in a more regulated, safe, environmentally friendly and economically sustainable method that will directly benefit the mining communities and indirectly benefit all the peoples of Colombia.The pre-investment study has been contracted to ExploreCol S.A.S. and Fundacion Olof Palme under the direction and supervision of Mr. Ian Park and Sr. Jorge Espinoza. Mr. Park, based in Medellin, is a Canadian who has been actively involved in the metals and petroleum exploration industries in Colombia for the past 20+ years. Mr. Espinoza, based in Bogota, is a Colombian national who has been active as an advisor to the Colombian National Congress regarding the mining industry in Colombia and is a special advisor to the Governors of the Departments of Caldas and Risaralda. Mr. Richard Plotzki, COO of Canada Gold, will be directly involved in all aspects of the study on behalf of Canada Gold and will communicate the ongoing study findings with the Colombia Department of Mines, Ministry of Mines and Energy, who have reviewed and are supportive of the Company's pre-investment study.This 90-100 day study in the Departments of Caldas and Risaralda and more specifically in the areas of Quinchai, Marmato, Rio Sucia, Supia, La Merced and Filadelfia will involve approximately 19 people with disciplines in geology, social sciences and economics. The study will focus on all privately owned mines, small processing plants, miner's associations, municipalities, community...