DCGD - Discovery Gold Corporation
Website - http://www.discoverygold.com
Discovery Gold Corporation is an emerging U.S. based mineral exploration company offering shareholders the opportunity to participate in the ownership of high-potential international gold exploration and development.
Discovery Gold is well-positioned to take advantage of the largest gold bull market in history with recent spot prices for gold reaching over US$1600 per ounce.
Global inflationary pressures and economic uncertainties are expected to further support gold prices and demand. The Company’s corporate strategy is to grow through acquisition and exploration of high quality properties within established mining regions.
The Company’s wholly-owned subsidiary, Discovery Gold Ghana Limited, holds a 95% interest in the exclusive rights to explore the Edum Banso Gold Project within the historic and prolific gold producing Ashanti Gold Belt in Ghana.
The Edum Banso Gold Project is located within the prolific gold producing Ashanti Gold Belt, in very close proximity and geologically similar to Golden Star Resources’ (AMEX:GSS, TSX: GSC) producing Wassa/HBB open pit deposits (180,000 oz./year production) and the multi-million ounce Nzema Gold Mine (100,000 oz./year) operated by the recently merged Adamus Resources and Endeavour Mining (TSX: EDV). The project is also located less than 10km from the recent high profile gold discovery made by Castle Peak Mining at Akorade.
The Edum Banso Gold Project represents a high quality exploration property with four known zones of gold mineralization and the potential to host both large tonnage low grade gold deposits and high grade lode gold deposits. Extensive physical, geophysical, and geochemical exploration conducted to date, indicate a major anomalous gold area approximately 8 km long and 600 m wide.
Edum Banso Gold Project
The Edum Banso Gold Project covers 20.60 km2 located approximately 35 km northwest of Takoradi in the southeastern frontier of the prolific gold producing Ashanti Gold Belt, which is estimated to currently host over 168,000,000 ounces of total proven gold reserves. Recent multi-million ounce gold discoveries and merger/acquisition transactions involving major, mid-tier and junior companies continue to demonstrate the enormous untapped exploration potential of the region.
Discovery Gold Corp. is a fully reporting SEC company, publicly traded on the OTC Market under the symbol, “DCGD”, and within the OTC-QB market tier. As such, Business, Operational, and Financial information on Discovery Gold Corp. is available to public view.
Visit: http://www.otcmarkets.com/stock/DCGD/company-info to see complete details.
Discovery Gold Corp. is Active on the Nevada Secretary of State site:
A/S: 260 Million - per Nevada State
O/S: 55 Million Issued - as of March 8, 2013
(Please note the share structure posted is what we have gathered but can change on a daily basis. Contact the Company or Transfer Agent to get the most current information.)
Their latest 10-Q Quarterly Report:
Filed on 3/11/13 - For the period ending 1/31/13
Incorporated In: Nevada in 2011
Action Stock Transfer Corporation
2469 E. Fort Union Blvd - Suite 214
Salt Lake City, UT 84121
The following Press Releases have not been investigated by StockGoodies, therefore we have no idea if the content of this news is based on Fact or Fiction. Although the links for the following press releases may be from a familiar and reputable company, you should NOT assume that a press wire hosted by a website you are familiar with is accurate just because it is on their site. StockGoodies will not be held responsible for any news release including and not limited to misleading or non-factual content, or the accuracy of the identity of the given source of the press release.
PR Newswire - (April 2)
Discovery Gold Reviews Strategic Geologic Location and Gold Market
PR Newswire - (Machr 26)
Discovery Gold Announces Work Program Recommended in 43-101 Assessment Report
PR Newswire - (March 19)
Discovery Gold Announces 43-101 Report Confirming Gold Bearing Quartz Vein Targets
PR Newswire - (March 13)
Discovery Gold Appoints Ghana Experienced Geologist and Exploration Consultant to Strategic Advisory Board
Discovery Gold Corporation
2817 NE 32 Street - #201
Fort Lauderdale, FL 33306
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