Santacruz Silver Mining reports fatality at Tres Amigos mine in Bolivia
Tres Amigos mine, a part of the Caballo Blanco Group of mines, has resumed operations after it was shut down following the incident.
VANCOUVER, BRITISH COLUMBIA–(Marketwire – Sept. 21, 2011) – ValGold Resources Ltd. (TSX VENTURE:VAL)(FRANKFURT:VR2) (“ValGold”) is pleased to announce that it has negotiated an agreement to acquire a 75% interest in a private Ukrainian company, Klinservis – Center Ltd., which is to hold a 25 year mining licence over the past producing Muzhievo gold-silver mine and the surrounding mineral fields of the Beregovo Mining District in western Ukraine (“the MBK Project”). Under the terms of the agreement, the Beregovo mining district will be covered within one mining licence that measures approximately 75 square kilometres. The mining licence will include the primary properties such as the Muzhievo mine, and the Beregovo and Kvasovo projects. The licence will have a 25-year term. The MBK Project acquisition is subject to regulatory approval and settlement of a final Joint Venture agreement.
