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Article: Gold Hawk Provides a Corporate Update.
- Article from:
- Marketwire Canada
- Article date:
- November 4, 2009
CopyrightCOPYRIGHT 2009 Canadian Corporate News. News Provided by Comtex. 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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VANCOUVER, BRITISH COLUMBIA, Nov 4, 2009 (Marketwire via COMTEX) -- Gold Hawk Resources Inc. ("Gold Hawk" or the "Company") (TSX VENTURE:CGK) announces that initial funding is now in place for construction of the new tailings facility at Chinchan.
The Company's Peru subsidiary Compania Minera San Juan (Peru) S.A. ("CMSJ") has received an US$1.75 million advance on the proposed US$20 million loan from Nyrstar. The advance will be used to finance the construction of the new tailings facility at Chinchan and ongoing care and maintenance expenditures. The advance became necessary to secure the support of suppliers, contractors and government who are critical to the ...