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Location: 191 NW from Bogota, Colombia
Suite 6, Level 1, 389 Oxford Street, Mount HawthornGPO Box 2570PerthWestern Australia, Australia6016
Stay on top of the latest gold discoveries. Examine the latest updates on drilling outcomes spanning various commodities.
Mining scale, mining and mill throughput capaciites.Full profiles of select mines and projects.
Shaft depth, mining scale, backfill type and mill throughput data.Full profiles of select mines and projects.
Equipment type, model, size and quantity.Full profiles of select mines and projects.
Camp size, mine location and contacts.Full profiles of select mines and projects.
LCL Resources Ltd has executed a Binding Share Purchase Option Agreement with Tiger Gold Corporation (”TGC”) for the divestment of its Colombian projects, being the Andes Gold Project and the Quinchia Project.
LCL has granted TGC an option to acquire its Colombian projects. TGC to pay LCL $1 million in cash upon satisfaction of the Conditions Precedent. TGC must complete a transaction to go public on a recognised Canadian stock exchange by the 31st December 2025. Completion of the transaction is expected to take place around the end of February 2025.
From a metallogenetic standpoint, mineralisation in the Quinchía district is genetically linked to the emplacement of a cluster of Miocene-aged hypabyssal porphyry bodies. A variety of magmatic hydrothermal Au (Cu) and Au-Ag (Pb, Zn, Cu) deposit types are associated with the geochemical and cooling history of the porphyry bodies.The Quinchia Gold Project comprises a cluster of porphyry and epithermal gold-copper targets each located within a 3km radius, underpinned by Mineral Resources from three deposits Tesorito, Miraflores and Dosquebradas. Miraflores is an advanced component of the Quinchia Gold Project.
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