Proactive investorsLogo Proactive Investors UK Website

Search field
Get Adobe Flash Player Download
Flash
Player ►

And
Enable
Javascript

Additional information
Additional Information
Market: ASX
Sector: Gold Mining
Epic: ASX:ATU
News: Latest news
Web Site: Atlantic Gold
Other Articles: 03-12-200916-10-200902-07-2009

RSS - Subscribe to the News Today on Proactive UK ▼

Saturday March 13, 08:47Premium risk at Prudential

Insurance giant Prudential has stolen the headlines this week, after their decision to buy AIA, the Asian life business of US insurer AIG, has attracted a mixed response from shareholders.

FULL ARTICLE ►

RSS - Subscribe to the News Today on Proactive NA ▼

Friday March 12, 07:58Lithium and rare earths markets poised for growth

Right now, the world relies almost completely on China for its rare-earth supply. The Chinese have made it clear that they want to keep more supply for themselves as they try to be the world leader in green technology

FULL ARTICLE ►

RSS - Subscribe to the News Today on Proactive CN ▼

Friday March 12, 07:51White Energy enters coal deal with China Guodian Group

White Energy Company (ASX: WEC; OTCQX: WECFY) has inked a non-binding heads of agreement with state owned Guodian Inner Mongolian Energy Sources Co Limited to develop a coal upgrading [...]

FULL ARTICLE ►
Atlantic Gold

Atlantic Gold

Atlantic Gold NL is an Australian-listed gold exploration company (ASX code ATV). The company is focused on the exploration and development of the Touquoy Gold Project and the Cochrane Hill Gold Deposit in Nova Scotia, Canada.

Thursday, December 03, 2009

Atlantic Gold looks at merger option for Canadian gold assets

company news image

Atlantic Gold NL (ASX: ATV) is investigating the potential listing through a merger of the Touquoy and Cochrane Hill Projects on the Toronto Stock Exchange (TSX).

The company has appointed Haywood Securities Inc to maximise shareholder value via a merger or other arrangement with a TSX listed entity, with similar exploration and development goals - and better access to financial and operational resources.

Recent modelling by Atlantic of the Touquoy and Cochrane Hill Gold Projects in Nova Scotia in Canada, indicated potential for total production of 920,000 ounces from two open pits over 10 years at US$500/oz cash cost.  Total mineral resources were 1.2 million ounces.

Cochrane Hill is located 80 km east of Touquoy and about 110km by road. Atlantic may earn either 60% of Cochrane Hill or 80% depending on co-venturer’s election following Atlantic earn-in expenditure.

Atlantic Gold owns 60% of Touquoy, and may earn up to a 75% interest. 

As part of the Touquoy Feasibility Study, Ausenco Limited was engaged to update and upgrade the Touquoy Engineering and Cost Study it undertook in June 2007 with completion expected prior to March 2010.

 

AddThis Feed Button
Register here to be notified of Proactiveinvestors One2One Forums.

Other Atlantic Gold news

More news ►

Investors interested in Atlantic Gold recently viewed


No investment advice

The Company is a publisher and is not registered with or authorised by the Financial Services Authority (FSA). You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.