IGS 0.00% 0.3¢ international goldfields limited...

Santa Fe Gold, page-32

  1. 13,617 Posts.
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    I wonder if CFE which now has a truck load of cash might make a move on them
    CFE is still the major holder with 26%

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    0 The Company’s 93% owned private entity Latin Gold Ltd (“Latin Gold”) holds an interest in Ouro Paz Gold Project, host to a 700koz Gold Resource Estimate averaging 2.5g/t Au, through a 35% ownership of the Brazilian based entity CIA Mineradora Ouro Paz S.A. (“Ouro Paz”) by way of a Joint Venture with Brazil based Biogold Investment Fund.The 700koz Gold Resource Estimate includes 3.4Mt of Measured and Indicated averaging 2.55g/t Au and 5.1M tonne of Inferred averaging 2.48g/t Au.
    1 - There is substantial growth potential for the Ouro Paz Gold Project with significant expansion of open ended mineralisation drill ready and initial drill test of multiple targets in the emerging gold district being planned.
    2 - IGS investment in Santa Fe Gold Corp consists of $4 Million of Convertible Notes (expiring October 2015) and 9.3 Million common shares
    3 - The Company Holds a 1% Royalty on mineral production from the four central tenements to Segue Resource Ltd's Plumridge Project in the Albany Fraser Belt in Western Australia.  The Plumridge Project is host to recently recognised potential for Nickel-Copper sulphide mineralisation under shallow cover to be investigated in the under-explored Albany Fraser Belt, and is host to a substantial gold anomaly extending over 10km in length with only localised drill testing.
    4 - IGS Holds a 2% gross royalty interest on multiple projects in West Africa covering approximately 2,000 sq km of mining rights located in the highly prospective Birimian-aged greenstone belts of Mali and Cote d'Ivoire.
 
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Currently unlisted public company.

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