Proactive investorsLogo Proactive Investors UK Website

Search field
Get Adobe Flash Player Download
Flash
Player ►

And
Enable
Javascript

1 year chart

digital-look imported chart image

1 day chart

digital-look imported chart image
Additional information
Additional Information
Market: CNSX
Sector: General Mining
Epic: FE
News: Latest news
Web Site: Cuervo Resources Inc.
Other Articles: 10-02-201001-02-201022-12-2009 
Warning (2): curl_setopt() [function.curl-setopt]: CURLOPT_FOLLOWLOCATION cannot be activated when in safe_mode or an open_basedir is set [APP/models/web_model.php, line 120]

RSS - Subscribe to the News Today on Proactive UK ▼

Thursday July 29, 09:30Specialist Energy Group Lays Out a Compelling Blueprint for Growth

After a difficult start to life as a stock market listed company, the company now stands at the threshold of a much brighter future. Legacy issues have been dealt with and the turnaround programme initiated by CEO Ewan Lloyd-Baker is gaining traction.

FULL ARTICLE ► 
Warning (2): curl_setopt() [function.curl-setopt]: CURLOPT_FOLLOWLOCATION cannot be activated when in safe_mode or an open_basedir is set [APP/models/web_model.php, line 120]

RSS - Subscribe to the News Today on Proactive AU ▼

Wednesday July 28, 11:30Silver Lake Resources boosts high grade gold resource by 70% to 2.5m ounces

Silver Lake Resources has added over 1 million ounces of gold to its resource inventory during the year after mining 66,700 ounces and expects further encouraging results at its  Mount Monger and Murchison projects.

FULL ARTICLE ► 
Warning (2): curl_setopt() [function.curl-setopt]: CURLOPT_FOLLOWLOCATION cannot be activated when in safe_mode or an open_basedir is set [APP/models/web_model.php, line 120]

RSS - Subscribe to the News Today on Proactive CN ▼

Thursday July 15, 02:10Henan Yuguang Lead & Gold investment in Kimberley Metals receives all clear from FIRB

Kimberley Metals (ASX: KBL) has reported that on 12 July the Australian Government Foreign Investment Review Board (FIRB) had no objections to Henan Yuguang Lead & Gold Co. Ltd's [...]

FULL ARTICLE ►
Cuervo Resources Inc.

Cuervo Resources Inc.

Cuervo Resources Inc.is a public Canadian exploration company that completed an initial public offering on May 30, 2007. The company has acquired and is drilling properties prospective for iron ore in Perú through its Peruvian subsidiary Minera Cuervo S.A.C. Cuervo Resources Inc. is listed on the Canadian National Stock Exchange (CNSX) under the symbol FE. The company also trades on the Frankfurt Exchange under the symbol CRR.

CLICK HERE FOR FULL ANLAYSIS OF CUERVO RESOURCES INC.
Thursday, December 17, 2009

Cuervo Resources closes C$0.35 mln fundraising, seeking JV partner for Cerro Ccopane Iron Ore Project

company news image

Cuervo Resources (CNSX: FE, FWB: CRR) said it has closed the equity financing of C$350,000 through a non-brokered private placement to fund the company’s iron ore exploration projects in Peru and provide more working capital for the company.

The move was announced last week.

Cuervo issued 1 million units at C$0.35 per unit. Each unit consists of one share in the company and one full warrant with a conversion price of C$0.55. The warrants can be executed within 18 months of the closing of the financing, and can be accelerated if the company’s share price reaches or exceeds C$1.10 for a period of 10 consecutive trading days at any time in the six months after the closing, which is set for 15 December this year.

The company is actively seeking a joint venture partner to advance its Cerro Ccopane Iron Ore project in the Cusco area of southern Peru. One of the six zones identified at Cerro Ccopane, Orcopura, has a measured and indicated resource of 56 Mt (million tonnes) grading 46.7% Fe (iron) and 51 Mt grading 43.7% Fe in the inferred category. However, gravity and geophysical testing and modelling on five of the six identified zones have indicated the potential for a substantially larger 2.65 billion tonnes of iron ore.

An independent transportation study carried out earlier this year concluded that transporting ore from Cerro Ccopane to a Pacific tidewater port on Peru’s coast via a dedicated pipeline or rail was feasible and did not entail unique logistical challenges. The report considered either a 5 million tonnes per annum (mtpa), 10 mtpa or 20mtpa project over a 20 year mine life.

AddThis Feed Button
Register here to be notified of future Cuervo Resources Inc. articles.

Other Cuervo Resources Inc. articles


Other Cuervo Resources Inc. news

More news ►

Investors interested in Cuervo Resources Inc. recently viewed


No investment advice

The Company is a publisher and is not registered with or authorised by the Financial Services Authority (FSA). You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.