Precious metals expert Bob Moriarty explains why he sees Columbus Gold's present situation as a win-win for investors.
Columbus Gold Corp. Mining News
Revised estimate shows smaller inferred gold resource.
Columbus Gold Corporation announced on Friday the acquisition of three new projects in the Greater Mahogany Hills, bringing its total gold property portfolio in Nevada to 26, covering approximately 37,000 acres. Columbus Gold plans to complete mapping and further sampling with plans to drill target areas in late 2011 and 2012. Columbus Gold is a gold exploration and development company operating in French Guiana and Nevada. In French Guiana, Columbus Gold recently acquired an option to earn a 100% interest in the Paul Isnard gold project, which has a 43-101 compliant 1.9 million ounce inferred gold resource and substantial expansion potential.