Wednesday, July 24, 2013

Castle enters support agreement with suitor Argonaut Gold

October 28, 2009 by · Leave a Comment 

TSX Venture Exchange-listed Castle Gold has signed a support agreement with privately-owned Argonaut Gold, which is planning to offer at least C$1,25 a share for the company, and could increase the price if gold gets more expensive over the next two months. Castle Gold’s main asset is the El Castillo mine, in Mexico’s Durango state. [...]

Castle Gold drill results may expand El Castillo gold resource

May 22, 2009 by · Leave a Comment 

Castle Gold has released the assay results from a new circulation drill programme on its El Castillo gold property in Mexico’s Durango state. Drilling data from the wholly-owned prospect will be used to consider further exploration, which could lead to an expansion of resources and reserves in the future. Castle Gold has published results from [...]

Castle Gold still actively pursuing M&A options

May 2, 2009 by · Leave a Comment 

Gold junior Castle Gold continues to look for opportunities to grow by merger and acquisition (M&A) activity, CEO Thomas Atkins said on Friday. Castle owns and operates the El Castillo mine, in Mexico, holds 50% of the El Sastre gold mine in Guatemala, and is exploring at a gold/silver/copper project in Mexico and on properties [...]

Castle Gold to enhance mine operations

April 3, 2009 by · Leave a Comment 

Further enhancements of operations at El Castillo gold mine in Durango State, Mexico have been announced by Castle Gold. The firm is to invest in a new portable screening deck to enable it to bypass current crushing equipment by identifying fine fractions of high-grade gold ore. Cash costs will be cut by $34 (£23) per [...]

Castle Gold aims to increase production with new mine deal

March 31, 2009 by · Leave a Comment 

A new deal has been agreed between Castle Gold and mining contractor CAMSA. Castle Gold is hoping the new contract will allow the firm to increase gold production by 50,000 ounces over the course of a year. CAMSA is the existing mining contractor at Castle Gold’s El Castillo property in Durango State, Mexico but will [...]