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Market: TSX-V
Sector: Gold Mining
Epic: PMV
News: Latest news
Web Site: PMI Gold Corp
Other Articles: 10-08-201028-06-201018-06-2010

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Thursday September 02, 11:00Baobab Resources identifies distinct ore domain at Tete’s South Zone

Baobab MD Ben James said the latest drilling results from the Tete project's South Zone characterise a distinct, higher mass recovery, ore domain.

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Thursday September 02, 08:15Indonesia edges closer toward uranium mining and nuclear power

After nearly five decades of national debate on the issue, Indonesia's central government may finally be ready to develop a national nuclear policy, which may lead to domestic uranium mining.

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Wednesday September 01, 01:25Green Dragon Gas reports significant growth as China’s thirst for energy continues

China's thirst for energy resources has continued with an increased focus on domestic supplies of gas, Green Dragon Gas chairman Randeep Grewal said today. In the company's interim results, [...]

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PMI Gold Corp

PMI Gold Corp

After 6 years of land acquisition and exploration in Ghana, Africa's #2 gold producer, PMI Gold are now focused on bringing their projects to near term production. PMI Gold control 14 concessions covering 750 sq km -- in the heart of Ghana's major gold belts. Theirr holdings on the Asankrangwa gold belt alone are more than 70 km long -- the equivalent length of the entire Carlin Trend in Nevada -- and cover 3 past producing large scale mines and dozens of small historical operations.

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Tuesday, June 30, 2009

PMI Gold still sourcing funding to move Ghana projects forward

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PMI Gold Corp (TSX-V: PMV) said it is continuing to source funding to address its current debt, to commercialize the Kubi gold project, to advance Obotan - also a gold project in Ghana - to the pre-feasibility stage and to continue exploration of the company’s other holdings.
 
Obotan covers a 20 kilometres section of PMI Gold’s 70 kilometres of holdings along  the Asankrangwa gold belt and includes dozens of historical mining operations and three recently producing mines, the Nkran, Abore and Adubiaso.

The company is strongly encouraged by the previous work on Obotan, and considers this information highly relevant to the potential of the property to host a sizeable mineral resource.

In 2008, a VTEM survey flown over a 3.8 x 4.0 km area centered just north-east of the Nkran pit confirmed conductors in areas of known gold mineralization and identified new drill targets for Obotan style gold mineralization.

A total of six medium to high priority target zones were picked for follow up.  Four of these targets have no record of previous drill testing, and the other two correspond with areas of known gold mineralization. The VTEM survey results indicate that high priority targets for Obotan style gold mineralization can be outlined by the technique to depths of 400 metres, the company added.

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