Additional Information
Market: ASX
Sector: General Mining - Gold
EPIC: PGI
Latest Price: A$0.15  (3.45% Ascending)
52-week High: A$0.20
52-week Low: A$0.13
Market Cap: A$96.04M
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PanTerra Gold
panterragold.com/site

PanTerra Gold (ASX: PGI), formally known as EnviroGold, is a near term gold producer at its Las Lagunas project in the Dominican Republic with construction scheduled for completion in December 2011. The project has an expected life of seven years at an annual production rate of 65,000 ounces of gold and 600,000 ounces of silver.

 

PanTerra Gold is also active in Ecuador with the advanced Azuay Gold Mining project and the San Gerardo Gold Mining prospect. At the Azuay project, construction is targeted to commence in mid 2012.

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EnviroGold proposes Vancouver relocation, Toronto Stock Exchange listing

24th Mar 2011, 12:28 am

EnviroGold (ASX: EVG) is proposing to relocate its operations to Vancouver to provide cost and efficiency benefits, along with a possible listing on Toronto Stock Exchange (TSX).

Due to the company's significant increase in Latin American activity, it is considering moving project development, engineering and exploration management to the Canadian city.

Currently Australian-based, the Latin America-focused mineral resources company expects to execute the move within the next six months.

Following discussions with the TSE, EnviroGold is confident it will be admitted to the Main Board within three months.

Vancouver should prove an attractive and more efficient venue for locating senior management as metallurgical testwork, drill assays and engineering for the company's Azuay gold mining project in Ecuador will be undertaken in Denver and Vancouver.

Also, the commissioning of the Las Lagunas gold project in the Dominican Republic will commence late this year.
 
The company is encouraged by brokers' enthusiasm for EnviroGold's prospects in Latin America.

Brian Johnson, executive chairman, said “it is obvious from recent discussions with senior stockbrokers in Toronto that the Canadian market has a real appreciation of political risk, geological potential, and commercial opportunities in various Latin American countries, where gold mining and exploration is dominated by Canadian companies.”

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