Extorre Gold's Yale Simpson Discusses Gold and Silver project development in Argentina on Midas Letter Money
Yale Simpson, Executive Chairman of Extorre Gold Mines Ltd. (TSX:XG) (NYSEAMEX:XG) joins host James West on the site of Midas Letter Money to talk about his company's progress in establishing production from gold and silver assets in Argentina. Yale describes the challenges inherent in building a mine, and the economics of the project that make the Cerro Morro project so potentially profitable...
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Yale Simpson, Executive Chairman of Extorre Gold Mines Ltd. (TSX:XG) (NYSEAMEX:XG) joins host James West on the site of Midas Letter Money to talk about his company's progress in establishing production from gold and silver assets in Argentina.
Yale describes the challenges inherent in building a mine, and the economics of the project that make the Cerro Morro project so potentially profitable. Other major mining companies operating in Argentina who may be contemplating a takeover of Extorre include Anglogold Ashanti (NYSE:AU), Newmont Mining (NYSE:NEM), Barrick Gold (NYSE:ABX) (TSX:ABX), Cameco Corp (NYSE:CCJ) (TSX:CCO), Xstrata (LSE:XTA) (LON:XTA), Yamana Gold (NYSE:AUY), Southern Copper Corp. (NYSE:SCCO), and Hochschild Mining PLC (LSE:HOC) (LON:HOC).
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http://www.midasletter.com/index.php/extorre-golds-yale-simpson-discusses-the-cerro-morro-gold-and-silver-project-in-argentina-on-midas-letter-money/
The full transcript of the interview is available here:
http://www.midasletter.com/index.php/extorre-golds-yale-simpson-discusses-the-cerro-morro-gold-and-silver-project-in-argentina-on-midas-letter-money/
About Extorre Gold Mines Ltd.
Extorre is a Canadian public company listed on the Toronto and NYSE Amex Exchanges under the symbol XG. The principal assets of the Company comprise CDN $27 million in cash and the Cerro Moro, Puntudo, and Falcon projects in Argentina.
Detailed engineering and development planning continue at Cerro Moro. Permitting is in place for the initial proposed throughput in this release.
Exploration with two drills continues at Cerro Moro, with the aim to increase the total resources on the property and to in-fill drill certain areas for mine planning purposes. Results from current drilling will be released as they are received. Drilling utilizing one drill rig recently commenced at its Falcon project in Santa Cruz Province.
You are invited to visit the Extorre web site at www.extorre.com.
About Midas Letter Money
Midas Letter Money is the show about commodities, energy, and natural resources and the public companies who seek for and develop them. Hosted by James West and distributed to 450,000 installed subscribers to the Thomson Reuters Insider platform, the show is available at insider.thomsonreuters.com or at
http://www.midasletter.com
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