Adjacent Local Mines
Newmont Mining Corp.
Approximately 30km NW of the Ghana Project and produced 349,000 ounces gold in 2016 with a reported 9.6 million ounces of gold reserves at December 31, 2016.
Newmont Mining Corporation, Annual Report 2016
Resolute Mining Limited
Initial ore reserve of 5.4 million tonnes grading 3.7 grams per tonne gold containing 640,000 ounces of gold.
Resolute Mining Limited, Annual Report 2016
Kinross Gold Corp.
Located directly south of the Ghana Project, produced 211,954 ounces gold in 2016, with a proven and probable mineral reserve of 11,193,000 Tonnes grading 2.4 grams per tonne gold and containing 872,000 ounces of gold.
Kinross Gold Corporation, Annual Report 2016
Canadian Mining Corp. is pleased to announce that it has signed a Letter of Intent with Crust Resources Corp. a BC registered company, along with their operating subsidiary Care Mining Company Ltd. duly registered in the Republic of Ghana, to acquire a 100% interest in the prospecting concession PL 6/340, known as the Ahyireso Concession, located near Bibiani, Ghana. The parties will now work toward a Definitive Agreement with closing subject to several factors including, but not limited to, verification of valid concession licences, obtaining operating permits, a minimum US$3,000,000 off-take agreement, an NI43-101 qualified report on the property and regulatory approval.
Canadian Mining Corp. is a junior exploration and development company. It is focused on creating shareholder value through the advancement of its assets which include the Bullard Pass Property in Arizona.
With a Precious Metal Super-Cycle currently underway, now is the time to leverage gold. We have a gold property and plan to quickly advance this asset and future acquisitions into a low-cost, profitable mining operations
Canadian Mining currently owns a gold project and plans to quickly advance this asset into a low-cost, profitable mining operation as well as add additional properties to our portfolio.