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Article: Apollo Gold Announces Entry into Letter of Intent to Sell Montana Tunnels Mining, Inc.
- Article from:
- Investment Weekly News
- Article date:
- November 7, 2009
CopyrightCOPYRIGHT 2009 NewsRX. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Apollo Gold Corporation ("Apollo") (TSX: APG) (NYSE Amex: AGT) is pleased to announce that it has entered into a letter of intent with Elkhorn Goldfields LLC ("Elkhorn") pursuant to which Elkhorn has agreed to purchase all the outstanding capital stock in Montana Tunnels Mining, Inc., an indirect wholly owned subsidiary of Apollo ("Montana Tunnels"), which includes the 50% interest held by Montana Tunnels in the joint venture agreement with Elkhorn Tunnels, LLC (an affiliate of Elkhorn), the Diamond Hill mine and mill and any and all ancillary assets for a purchase price of US$9 million, payable as described below. The Montana Tunnels mine has been on care and maintenance ...
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Article: Pegasus Gold announces revised data for Montana ...
PR Newswire;
August 1, 1989 ;
700+ words
... ... PEGASUS GOLD ANNOUNCES REVISED DATA FOR MONTANA TUNNELS MINE SPOKANE, Wash., Aug. 1 ... reserve estimate and mine plan for its Montana Tunnels mine near Helena, Mont. The new ... also incorporates a remodeling of the Montana Tunnels ore deposit. Based upon the new data ...
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