Altan Nevada Announces Encouraging Results at North Star Gold Project in Nevada, Partner Withdraws
Teck has withdrawn from North Star project and has transmitted a report and all pertinent data to the Company subsequent to the completion of the 2014 exploration program. Altan Nevada’s management is strongly encouraged by the results of this first round of deep exploration drilling at North Star, which we believe reinforces our view that the entire southeastern half o...
Altan Nevada Announces Partner Commences Drilling at the Radar Gold Project, Paradise Peak District, Nevada
Partner Gold Resource Corp has commenced a 1780 meter Phase I diamond drill program at the Company’s Radar gold-silver project (“Radar” or the “Property”) located in the Paradise Peak district, Mineral and Nye Counties, Nevada. The program is designed to test six new high-grade epithermal vein targets.
Altan Nevada Provides update on Radar Project and General Update, Nevada
February 4, 2015 – Vancouver, British Columbia – Altan Nevada Minerals Limited (TSX.V:ANE) (“Altan Nevada” or the “Company”) (TSX-V: ANE) is pleased to announce that partner Avidian Gold US Inc. (“Avidian”), a private Nevada corporation, has reported results of its’ 2014 reverse-circulation drilling program at the Company’s Radar gold-silver project...
Altan Nevada Announces Partner Commences Drilling at the North Star Gold Project in Nevada
Altan Nevada is pleased to announce that a wholly owned subsidiary of Teck Resources Limited, Canada’s largest diversified resource company, has commenced drilling on the North Star gold property located in Elko County, Nevada.
Altan Nevada Announces Lease Agreement with Gold Resource Corporation on Radar Property in Nevada
Altan Nevada has entered into a Lease Agreement with Gold Resource Corporation (NYSE MKT: GORO), a low-cost gold producer with operations in Mexico whereby Gold Resource Corp, subject to meeting certain annual payment and work expenditure requirements, has the option to purchase a 100% interest in the Radar project for $US 1,500,000 with Altan Nevada retaining a 3% NSR.
Black Top is located in southern Nevada in the productive Walker Lane mineral belt. The 8.3 square kilometer project is part of an extensive, zoned low-sulfidation epithermal system. Surface exploration and first pass drilling by Altan Nevada has defined a very large target similar to the 18 M oz Au Round Mountain deposit located approximately 145 kilometers to the northwest.
The newly-staked Yellow Cone project is a large volcano-plutonic hosted gold-silver-copper system that has seen very little modern exploration. It consists of 280 unpatented mining claims and covers an area of approximately 5600 acres or 23 km2.
Marble Station is an underexplored intrusion-related gold-copper vein system hosted in prospective Yerington-stage granodiorite. There is no evidence of modern, system scale exploration and thus the widespread occurrence of robust gold and copper values suggests that additional low cost exploration can delineate high quality drill targets.
Venus is located in west-central Nevada in Mason Valley just east-southeast of the community of Yerington in the historic Yerington copper district. It consists of 111 unpatented mining claims. The project is directly adjacent to the southern boundary of Nevada Copper’s advanced Pumpkin Hollow Cu-Fe-Ag-Au project which contains 5.6 million short tons of copper in reserves and resources.
 Wilson, Alana, and Miguel Cervantes. Fraser Institute Annual Survey of Mining Companies 2013. Survey. Fraser Institute, March 2014. http://www.fraserinstitute.org/uploadedFiles/fraser-ca/Content/research-news/research/publications/mining-survey-2013.pdf.
 “Kitco Historical Gold Charts.” Accessed May 28, 2014. http://www.kitco.com/charts/historicalgold.html.
 "2014 U.S. Geological Survey, Mineral Commodity Summaries" USGS, February 15, 2014. http://minerals.usgs.gov/minerals/pubs/commodity/gold/#pubs.
Industry Watch: Altan Rio and Altan Nevada have 8 Promising New Gold Projects
Industry Watch with Al Korelin Even Keel Media
Mr. E. Jones serves as the Chief Executive Officer, President and Director of Altan Nevada Minerals Limited and Altan Rio Minerals Limited. Prior to that, he was the Commercial Manager of Troy Resources Brasil Participacoes Ltd., a subsidiary of Troy Resources NL, a mining company listed in Canada and Australia. He also worked as an Executive Advisor with Westchester Corporate Finance in Australia. Mr E. Jones’ twelve years of experience in corporate advisory and commercial management in the mining industry, including six years based in developing countries has a enabled him to build business networks and negotiate opportunities. He holds a Bachelor of Information Technology (Information Systems) and a Bachelor of Commerce (Finance & Management) from Bond University in Australia.
John L.C. Jones
Mr. J. L.C. Jones serves as a Chairman and Director of Altan Nevada Minerals Limited and Altan Rio Minerals Limited. He has been a Director of Troy Resources Limited since 1988 and was Chairman from late 1988 until October 2008. Since 1990, he has been Chairman of Anglo Australian Resources NL. He was formerly Chairman and Director of North Kalgurli Mines Limited and was a founding director of Jones Mining NL. Mr. Jones has been a member of the Australasian Institute of Mining and Metallurgy since 1977. He is a prominent player in the international mining sector for over thirty years with a long list of successes. His guiding involvement in four companies led to the discovery of four deposits and the development of eight mines.
Anthony Jackson, CFO – Mr. Jackson serves as Chief Financial Officer for Altan Rio Minerals Limited and Altan Nevada Minerals Limited. He is a Principal of BridgeMark Financial Corp. and a founder of Jackson & Company Chartered Accountants, a company that assists private and public companies with their accounting and tax requirements. Mr. Jackson spent a number of years at Ernst & Young LLP before working as a senior analyst at a boutique investment banking firm. Mr. Jackson earned a Bachelor of Business Administration degree from Simon Fraser University, and holds the professional designation of Chartered Accountant (CA), where he is a member of the BC and Canadian Institute of Chartered Accountants. Mr. Jackson has had extensive experience as a Director and CFO of numerous publicly traded corporations in the metals and mining industry.
Murray Seitz, Director – Mr. Seitz serves as Director for Altan Nevada Minerals Limited and Altan Rio Minerals Limited. He is also President of Corex Management Inc., a private company that provides administration services to public and private companies. Mr. Seitz has ten years of experience in mineral exploration, including corporate compliance, management and business development services. Specializing in capital raising and corporate communications, his extensive network provides substantial equity capital for his client companies. Mr. Seitz holds a Bachelor of Business Administration with a concentration in finance.
Peter Stern is a Non-Executive Director of Altan Nevada Minerals Limited. A geologist by formal training, Peter worked in corporate advisory for Macquarie Corporate Finance (six years), UBS (three years) and Deutsche Bank (three years), for the most part specialising in M&A, strategic advisory and capital raising transactions in the resources sector, prior to establishing Metropolis Corporate Advisory Services in 2001, a boutique corporate advisory firm undertaking much the same activities. Peter is Non-Executive Chairman of Troy Resources Limited and Non-Executive Director of Anglo Australian Resources NL, both of which are ASX-listed. He has a Bachelor of Science (Honours) degree and is a Fellow of the Australian Institute of Company Directors.
PARTNERED WITH INDUSTRY LEADERS
In December 2011, Haywood Securities, a prominent Canadian investment dealer, sponsored our Qualifying Transaction and brokered a private placement for aggregate proceeds of $1 million that saw Altan Nevada become listed on the TSX Venture exchange.
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