News and Links to Articles in 2003

Copy of December 2nd 2003 News Release from PMI Ventures Ltd.

"PMI Ventures Ltd. (the "Company") [TSX Venture:PMV], is pleased to announce that it has again intersected very significant high gold grades (27.0 g/t Au over 4.0 metres) in the ongoing drill program on its Fromenda concession -- one of nine contiguous concessions that comprise the Ashanti II project area that are located along a 50 kilometre length on the axis of the Asankrangwa Gold Belt of southwestern Ghana...." {more}


Copy of November 17th 2003 News Release from PMI Ventures Ltd.

"PMI Ventures Ltd. (the "Company") [TSX Venture:PMV], is pleased to announce that significant gold mineralization has been intersected in the first RC holes drilled in a 5,000 metre drill program designed to test three gold mineralized areas on the Fromenda concession -- one of nine contiguous concessions that comprise the Ashanti II project area and are located along a 50 kilometre length on the axis of the Asankrangwa Gold Belt of southwestern Ghana...." {more}


Copy of October 27th 2003 News Release from PMI Ventures Ltd.

"PMI Ventures Ltd. (the “Company”) [TSX Venture:PMV], is pleased to announce the commencement of a 3000 metre drilling program on the Ashanti II Deep Gold Project in Ghana, West Africa. This program will focus on the Grid “B” area of the Fromenda Concession. Four other targets will be drill tested on a reconnaissance basis during this program. Assay samples will be submitted regularly and results will be released as received..." {more}


Copy of October 2nd 2003 News Release from PMI Ventures Ltd.

"PMI Ventures Ltd. (the 'Company') (TSX Venture: PMV), is pleased to announce continued encouraging results from its second drill program on the package of exploration concessions and applications which comprise its Ashanti II Gold Project located along a 50 km length of the axis of the Asankrangwa Gold Belt in southwestern Ghana..." {more}


Copy of September 15th 2003 News Release from PMI Ventures Ltd.

"PMI Ventures Ltd. (the “Company”)[TSX Venture:PMV], is pleased to announce very satisfactory initial results of its second drill program on the package of exploration concessions and applications which comprise its Ashanti II Gold Project located along a 50 km length of the axis of the Asankrangwa Gold Belt in southwestern Ghana..." {more}


Copy of August 28th 2003 News Release from PMI Ventures Ltd.

"PMI Ventures Ltd. (the “Company”)[TSX Venture:PMV], is pleased to announce an additional non-brokered private placement of up to 1,090,385 Units of the Company at a price of $0.52 per Unit to raise gross proceeds of up to $567,000. Each Unit will consist of one common share and one-half of one non-transferable share purchase warrant, each whole share purchase warrant entitling the holder to acquire one additional common share of the Company for a period of two years at a price of $0.70 per share in the first year and at $1.00 in the second year. Funds raised will be used for continued exploration of the Ghanaian properties under option from Goknet Mining Company Limited and general working capital...." {more}


Copy of August 22nd 2003 News Release from PMI Ventures Ltd.

"PMI Ventures Ltd. (the “Company”) [TSX Venture:PMV] is pleased to announce a non-brokered private placement of up to 4,444,444 Units of the Company at a price of $0.45 per Unit to raise gross proceeds of up to $2,000,000. Each Unit will consist of one common share and one-half of one non-transferable share purchase warrant, each whole share purchase warrant entitling the holder to acquire one additional common share of the Company for a period of two years at a price of $0.70 per share in the first year and at $1.00 in the second year. Funds raised will be used for continued exploration of the Ghanaian properties under option from Goknet Mining Company Limited and general working capital. A finders’ fee may be paid in connection with this private placement. This placement is subject to acceptance by regulatory authorities. The shares issued under the private placement will be subject to a four-month hold period from the date of TSX Venture Exchange approval..." {more}


Copy of August 6th 2003 News Release from PMI Ventures Ltd.

"PMI Ventures Ltd. (the “Company”) [TSX Venture:PMV] is pleased to announce the commencement of its second diamond drilling program for 2003 on the Fromenda concession located on the Asankrangwa Gold Belt in southwest Ghana. Drilling in the Fromenda Grid “B” area, will consist of up to eight holes totalling 500 metres. Road access and drill pad construction has commenced, with initial assay results expected by mid September. The object of this program is to extend the previously reported gold mineralization to the east and to depth...." {more}


Copy of June 17th 2003 News Release from PMI Ventures Ltd.

"PMI Ventures Ltd. (the “Company”) [TSX Venture:PMV], is pleased to announce that it has received positive results from the leach tests conducted on 5 composite samples of gold mineralized core from our recent drill program on the Fromenda concession. The samples, which were made up of from 12 to 28 metres of core from hole numbers 03FBDDH1 to 4 gave gold recoveries of from 92.9% to 100%, averaging 95.3%, in the 48 hour bottle roll tests, with a low cyanide consumption of 0.48 kg/t. In addition, the final gold grades from the leach test confirm the gold grades previously reported..." {more}


Copy of May 29th 2003 News Release from PMI Ventures Ltd.

"PMI Ventures Ltd. (the "Company") [TSX Venture:PMV], is pleased to announce further results of its initial drill program on the package of exploration concessions and applications covering an area of some 400 sq km along a length of 50 km of the axis of the Asankrangwa Gold Belt in southwestern Ghana..." {more}


Link to May 8th 2003 article, "The Strength of a Junior" by Ellsworth Dickson, as found on www.kitco.com.

(Article shows source as Ellsworth Dickson, Cambridge House International Inc., www.resourceworldmag.com, February 27, 2003) - "It’s no secret that the majority of economic mineral deposits are found by junior exploration companies or individual prospectors. There are good reasons for this..." {more}


Copy of May 7th 2003 News Release from PMI Ventures Ltd.

"PMI Ventures Ltd. (the “Company”) [TSX Venture:PMV], is pleased to announce results of the first of 8 to 10 diamond drill holes (1,050 metres in total) that comprise the first phase of the 2003 drill program..." {more}


Copy of April 16th 2003 News Release from PMI Ventures Ltd.

"PMI Ventures Ltd. (the “Company”) [TSX Venture:PMV] has commenced drilling on the Ashanti II Deep gold project in Ghana, West Africa. An initial program consisting of 1,050 metres of diamond drilling in eight to 10 holes is planned. The first target being tested is..." {more}


Copy of April 2nd 2003 News Release from PMI Ventures Ltd.

"PMI Ventures Ltd. (the "Company") [TSX Venture:PMV], is pleased to announce that the TSX Venture Exchange (the "Exchange") has accepted for filing the non-brokered private placement announced on February 3, 2003. The private placement was oversubscribed as a result of a high level of interest in the Company and its Ashanti II Deep Gold Project..." {more}


Copy of March 31st 2003 News Release from PMI Ventures Ltd.

"PMI Ventures Ltd. (the "Company")[TSX Venture:PMV], is pleased to announce completion of a preliminary work program on its Ashanti II Deep Gold Project in Ghana, West Africa. This work program commenced in mid February 2003 in preparation for follow up drill program that will comprise 1,050 metres of diamond drilling in 8 to 10 holes commencing in early April 2003..." {more}


Copy of March 6th 2003 News Release from PMI Ventures Ltd.

"PMI Ventures Ltd. (the "Company")[TSX Venture:PMV], is pleased to announce that it has completed a non-brokered private placement of 1,573,692 Units to raise gross proceeds of $1,022,900..." {more}


Copy of February 18th 2003 News Release from PMI Ventures Ltd.

"PMI Ventures Ltd. (the "Company")[TSX Venture:PMV], is pleased to announce the start of preliminary work consisting of drill site access, pad construction and trenching of mineralized vein structures on the Ashanti II Deep Gold Project in Ghana, West Africa..." {more}


Link to 6th February 2003 Kitco article by Reginald W. Ogden, "Why Africa", which mentions PMI Ventures.

"For instance, one Canadian junior, PMI Ventures (PMV.V), has just acquired a private company that has staked a group of concessions along the prospective Asankrangwa Belt in the Kumasi Basin that is equivalent in size to the whole Carlin Trend in Nevada. Large geologically prospective areas like this are not available in North America to junior companies or even to seniors..." {more}


Copy of February 3rd 2003 News Release from PMI Ventures Ltd.

"PMI Ventures Ltd. (the "Company")[TSX Venture:PMV], is pleased to announce a non-brokered private placement of up to 1,538,462 Units of the Company at a price of $0.65 per Unit to raise gross proceeds of up to $1,000,000. Each Unit will consist of one common share and one non-transferable share purchase warrant entitling the warrant holder to acquire one additional common share from the Company for a period of one year at a price of $0.85 per share..." {more}


Link to P. Zihlmann Investment (www.pzim.com) for January 31st 2003 "Special Situations for Smart Investors" article about Goknet Mining and PMI Ventures Ltd.

"Gold mining in Ghana where past production is in excess of 40 million ounces..." {more}


Copy of January 20th 2003 News Release from PMI Ventures Ltd.

PMI Ventures Ltd. (the “Company”)[TSX Venture:PMV], as announced on November 25, 2002, has entered into a Letter Agreement with Goknet Mining Company Limited, a privately-held Ghanaian corporation, to acquire up to 85% of Goknets’ interest in exploration concessions/applications covering a length of approximately 50 kilometres and an area of some 486 square kilometres along the axis of the Asankrangwa Gold Belt of South Western Ghana. {more}




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