Raven Gold Corp. Amended - Announces Today the First Load of Concentrate Totaling Approximately 10 Tonnes Has Been Delivered to the Smelter in Torreon
Posted on: Wednesday, 29 August 2007, 09:17 CDT
LAS VEGAS, Aug. 29 /PRNewswire-FirstCall/ -- Raven Gold Corp. (OTCBB: RVNG) (the "Company"), is pleased to announce that subsequent to the La Currita mill upgrades being completed and the first load of concentrate totalling approximately 10 tonnes have been delivered to the smelter in Torreon with payments expected to begin in approximately 30 days.
David Petersen P. Eng. has acted as the qualified person as identified by National Instrument 43-101, and reviewed and verified the technical content of this release.
About La Currita -----------------
The La Currita project includes a mine, a 150 tonne/day operating floatation mill and stockpiled ore. The La Currita mine was in steady production from 1983 until 1998. The existing mine holds potential to increase tonnage through systematic exploration. The area surrounding La Currita has numerous prospects and recent substantial discoveries. Adjacent to the La Currita holdings, Palmarejo Gold recently merged with Coeur d'Alene Mines Corporation and Bolnisi Gold NL, in a transaction valued at approximately US$1.1 billion, creating one of the world's potentially leading primary silver producers. In addition, about 20 miles to the SE is the 170,000 ounce/year Glamis Gold's El Sauzal gold mine.
About Raven Gold Corp. ----------------------
Raven Gold Corp. is an international gold mining company, with exploration and development projects. Raven's mandate is to initiate an aggressive acquisition policy, focusing on under-explored to advanced stage exploration gold deposits in North and South American Countries. Raven is focused on becoming a low cost gold producer.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.
CONTACT: Raven Gold Corp., Investor Relations, 1-877-31-RAVEN, (1-877-317-2836), Email: ir@ravengold.com, Website: http://www.ravengold.com/
Raven Gold Corp.
CONTACT: Raven Gold Corp., Investor Relations, 1-877-31-RAVEN,(1-877-317-2836), Email: ir@ravengold.com, Website: http://www.ravengold.com/
Source: PRNewswire-FirstCall
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