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 Latest News
April 30, 2012
Pacific Comox files Interim Financial Statements and MD&A for
three month period ended January 31, 2012.
April 9, 2012
Pacific Comox & Republic Goldfields have signed a Letter Of
Intent to fund a test heap leach of drill intersected
gold-silver mineralization on the Mabel property in northern
Sonora State, Mexico. Republic has agreed to acquire a 55%
interest in the Mabel, Dana and Famosa properties in return for
a Cdn$450,000 6% promissory note maturing in six months and
250,000 common shares of Republic. Transaction is subject to
review by TSX-V.
March 20, 2012
TSX-V states that it must undertake a review of Comox prior to
proposed reinstatement to trading.
March 19, 2012
Comox makes trading reinstatement application to TSX-V.
Tajo area copper mineralization
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Ryan Lake
Property
Matachewan Ontario (Copper, Molybdenum)
Comox drilling has outlined the SOUTH, NORTH & CLT mineralized zones to the west of the mill buildings and Highway 566. The Resource Estimate (N.I. 43-101 compliant) for the South Zone of 5.9 million tonnes indicated resource grading 0.34% Cu, 0.039% Mo, 0.09g/tonne Au, and 5.0g/tonne Ag has been reported. The Resource Estimate for the North and CLT zones on a N.I. 43-101 basis is underway.
The 30 holes in the North Zone and 6 in CLT Zone are all mineralized. In the North Zone 22 of the 30 holes reported intervals grading an average of 0.12% Mo or 2.3 lbs/ton over an average core length of 36 meters starting at an average of 8 meters in the core.
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Mabel
Property
Northern Sonora State Mexico (Au, Ag)
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Comox has leach
tests underway
producing dore,
& providing data
for production
process design.
The dore shown
was produced in
Test # 1 in
March 2010. |
Test Production
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2,000 tonnes of
higher grade
mineralization
has been blasted
at Mabel,
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This is feed for larger scale on-site leach tests, now being prepared,
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Area has been cleared for on-site leach tests,
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Contracts for
building pad and
associated
solution systems
being evaluated.
Exploration
- Further exploration underway north of Micho copper/gold/silver zone,
- Micho area chip samples and drilling have been encouraging,
- Hole 62 returned 1.5 g/tonne gold from 0.0 to 6.0 meters, and 1.1 % copper & 10 g/tonne silver from 6 to 29 meters, and ended in mineralization.
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