VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 06/01/12 -- Colombian Mines Corporation (TSXV:CMJ)(FRANKFURT: X6C) ("Colombian Mines" or "the Company") is pleased to announce that it is in receipt of the administrative act confirming the integration of the Company's Yarumalito project originally composed of six individual licenses into a single integrated license.
The consolidation of Yarumalito is a very important and positive step for the Company that materially improves and simplifies management of exploration, development and production throughout the life of the project. Originally composed of six separate licenses all filed on widely varying dates, each license was required to have separate Environmental, Work and Production plans and reports, and at production each license would have been required to show "stand alone" economics, potentially requiring six separate Feasibility Reports. As an integrated license the property is managed as a single, new license and will be eligible for up to 11 years of exploration and valid for production through December 4, 2032. The production contract may be extended for an additional 20 year term, until December 4, 2052. The entire property will now be covered by the same Environmental Management, Work and Production plans.
Colombian Mines will be co-hosting a Colombia Night, Sunday June 3rd. This is an opportunity for interested parties to meet senior management and discuss the company and its projects. For more information please contact Sharon Hebgin, Manager of Corporate Communications at Tel: 604-649-9195, or by email at firstname.lastname@example.org.
About Colombian Mines Corporation
Colombian Mines Corporation is a junior exploration and development stage company with a distinct "first mover" advantage in Colombia and the largest portfolio of 100% direct owned mineral assets among comparable companies in Colombia. Focused on developing shareholder value through exploration and development of key projects, the Company is also one of Colombia's leading "Prospect Generators" and applies an aggressive business model of organic growth through exploration and development of its key projects while leveraging shareholder value through strategic alliances on non-core assets. Colombia is widely recognized as a highly prospective, under-explored country with exceptional mineral wealth and potential. Further information can be found on our website at www.colombianmines.com.
Robert G. Carrington, President and CEO
Some of the statements in this news release contain forward-looking information that involves inherent risk and uncertainty affecting the business of Colombian Mines Corporation. Actual results may differ materially from those currently anticipated in such statements.
Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.
Colombian Mines Corporation
Robert G. Carrington
(604) 669-0868 (Vancouver)
Colombian Mines Corporation
Colombian Mines Corporation
Kim C. Casswell
(604) 688-1157 (FAX)
|Fri, May 17, 2013|
|10:24 PM||Med BioGene Inc. Comments on Market Activity|
|09:43 PM||OneMove Announces Shareholder Approval of Amalgamation|
|07:30 PM||Pericom Semiconductor to Present at Sidoti's Semi-Annual Microcap Conference in New York City on June 7, 2013|
|07:24 PM||Mannix Completes Shares for Debt Settlement|
|07:17 PM||Robert C. Grey: Shareholder News Release|
|07:15 PM||Woulfe Mining Provides Update|
|07:11 PM||John Anderson: Shareholder News Release|
|07:10 PM||Redwood Announces Proposed Changes to Redwood Energy Income Class|
|07:06 PM||Donald Crossley: Shareholder News Release|
|07:02 PM||Western and Work Wear Retailer Boot Barn(R) Rebrands, Restocks and Refreshes Four Florida Locations|
|07:00 PM||AQM Copper Announces Adoption of Advance Notice Policy|
|06:38 PM||Avanti Receives and Will Oppose Judicial Review Application by Nisga'a Nation|
|06:27 PM||EURO Ressources Announces Date of Annual Shareholders' Meeting and Dividend Distribution|
|06:22 PM||Spy Inc. Announces CFO Transition|
|06:22 PM||/ KILL - Zayo Group|
|06:19 PM||Media Advisory: Harper Government to Make an Announcement Regarding Scientific Discovery Research|
|06:07 PM||Celebrate the Arts With the 2013 Passport to the Arts|
|05:50 PM||Northern Announces Appointment of New President & CEO|
|05:32 PM||New Reality Series Highlights Growing Social Trend of Mixed-Union Marriages|
|05:30 PM||Aurcana Corporation Clarifies Technical Disclosure|
|05:23 PM||Powerball Jackpot Increased to New Record, $600 Million|
|05:17 PM||Vemma(R) Recognized With Eight Awards in Two Prestigious Competitions|
|05:06 PM||Jackson Walker Wins Twin Anti-SLAPP Victories for Dallas Better Business Bureau|
|05:00 PM||Magnum Hunter Resources Reports Receipt of NYSE MKT Notice Relating to Previously-Disclosed Late Filings of 2012 Form 10-K and First Quarter 2013 Form 10-Q|
|05:00 PM||Cott Announces TSX Approval of Renewal of Normal Course Issuer Bid|
|04:57 PM||Dundee Corporation Declares Quarterly First Preference Shares, Series 1 Dividend|
|04:57 PM||Dundee Corporation Declares Quarterly First Preference Shares, Series 2 Dividend|
|04:56 PM||Qualstar Names Board Positions|
|04:55 PM||StrikeForce Technologies Releases Its First Quarter 2013 10Q Financial Results|
|04:51 PM||Xylitol Canada Inc. Financial Results for Three Months Ended March 31, 2013|
|More Press Releases From Marketwired News Releases|