CGA Mining hits further high grade gold outside Masbate Resource

CGA Mining (TSX :CGA, ASX :CGX) and Filminera Resources Corporation have reported new exploration results from recent drilling at the Capsay/Old Lady Prospect in the Philippines, intercepting high grade gold.
The Capsay/Old Lady Prospect lies 3.5kms from the Masbate Plant site and approx 1.5kms from the southern limit of the exisiting Main Vein pit. It is […]

CGA’s Masbate mine exceeds expected output

Riza T. Olchondra
Philippine Daily Inquirer

MANILA, Philippines—Australian miner CGA Mining Ltd. reported record-high gold production at the Masbate project for the month of May.

In a statement posted at its web site, CGA said it produced 17,707 ounces of gold at Masbate.

“Throughput for the month of May was up 27 percent to 528,940 tons, which equates to […]

CGA Mining reports further record throughput at Masbate Gold Project

CGA Mining (ASX: CGX, TSX: CGA) has reported that during the current month it has achieved a new record throughput of in excess of 20,000 dry tonnes (on soft ore) in a 24 hour period (annual equivalent of in excess of 7 mtpa at 95% availability) at the Masbate Gold Project in the Philippines.

With the […]

CGA Mining becomes strategic investor in Sierra Mining

CGA Mining (ASX: CGX, TSX: CGA), which has a market capitalisation in excess of $700 million, will take a 10% interest in Sierra Mining (ASX: SRM) and become a strategic investor in the company.

CGA has agreed to invest in 11.8 million ordinary shares at $0.06 each, along with one for two free attaching options exercisable […]

CGA Mining granted exploration licence at Masbate Gold Project

CGA Mining (ASX: CGX, TSX: CGA) has announced that the Masbate Gold Project, through Filminera Resources Corporation, has successfully secured a new exploration permit, EP-010-2010-V,in the Municipality of Aroroy, Masbate, in the Philippines.
The exploration permit covers a significant area of approximately 5,231 hectares (52.3 square kilometres), with a north to south distance of nearly 11 […]

Coronado Progresses on Several New Gold Mining Concessions in Masbate Gold Mining District, Philippines-Production Update on Madison Gold/Copper Project in Montana, USA

Coronado Resources Ltd. (TSX VENTURE: CRD) is progressing on the due diligence to acquire several gold mining concessions located in the prolific Masbate gold region of the Philippines. At this time Coronado has three separate concessions totaling 60 hectares, Panique, Rudy and Capsay. The Panique concession is located just 600m east of one of the […]

CGA Mining closes C$86 million share offering

VANCOUVER, Feb. 5 /CNW/ - CGA Mining Limited (ASX: CGX, TSX: CGA) (”CGA” or the “Company”) is pleased to announce that it has successfully closed its previously announced private placement, on a bought deal basis, of 39,100,000 ordinary shares in the capital of the Company (”Shares”). The net proceeds from the sale of the Shares […]

CGA Mining raises funds for Masbate gold project

abs-cbnNEWS.com
MANILA, Philippines - Australia-registered CGA Mining Ltd has announced it is raising C$74.8 million to repay loans and further explore the Masbate gold project.
The project, which is currently ramping up to full production, has a total indicated resource base of 4.55 million ounces of gold and an inferred resource base of 3.22 million ounces with […]

UPDATE 1-CGA Mining to raise C$74.8 mln in bought deal

Jan 19 (Reuters) - CGA Mining Ltd (CGA.TO) said it would raise gross proceeds of C$74.8 million ($72.55 million) in bought deal financing to fund exploration at the Masbate gold project, located in the Philippines, and repay debts.
CGA said a syndicate of underwriters, led by BMO Capital Markets, will buy 34 million shares at C$2.20 […]

CGA Mining: 200,000 Ounces of Gold Per Annum Just the Beginning

CGA Mining (CGAFF.PK) was added to the S&P/TSX Global Gold index on the 23rd of December, just two years after beginning construction on its 7.8M ounce Masbate Gold Mine in the Philippines, and three weeks after declaring a maiden high grade resource on its Segilola project in Nigeria. This index, which comprises the top 34 […]