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News and Links to Articles
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Copy of December 7th 2006 News Release from PMI Ventures Ltd.
4.4 G/T AU Over 13.5 Metres Reported At Switchback North, Ghana
"December 7, 2006, Vancouver BC - PMI Gold Corporation (TSX/V:PMV) -- Douglas MacQuarrie, President, announces the first assay results from trenches in the DDHSBN004 area on the Switchback North concession, located 7 kilometres west of our Nkran pit (former Obotan Mine), Ghana. Two trenches totalling 130 metres in length were completed. Trench SBN54350N 9500E was located to test a strong resistivity high feature located on strike 50 metres to the southwest of the previously reported intersection of 1.47 g/t Au over a drill intersection (near true width) of 10.1metres in DDHSBN007...." {more}
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Copy of October 26th 2006 News Release from PMI Ventures Ltd.
PMI GOLD CORP. -- DRILL UPDATE -- VISIBLE GOLD NOTED IN TRENCHES, NEW CFO -- EGM MEETING RESULTS
"October 26, 2006, Vancouver BC - PMI Gold Corporation (TSX/V: PMV) -- Douglas MacQuarrie, President, announces that final results have been received from the recently completed drill program on our Ashanti II Gold Project in Ghana. A total of 3,337 metres of diamond drilling in 18 holes were completed in the program, of which 2,280 metres in 12 holes were previously announced. The program tested old workings, geophysical, geological and geochemical targets over a 50 kilometre strike length of the Asankrangwa Gold Belt, and on our Ofoase concession located on the Ashanti Gold Belt..." {more}
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Copy of May 29th 2006 News Release from PMI Gold Corporation
Name Change -- Warrant Extension -- Drill Update
"PMI Gold Corporation (PMI) (TSX/V: PMV) (formerly PMI Ventures Ltd.) announces that effective May 23, 2006 the name of the Company was changed to "PMI GOLD CORPORATION", in order to better reflect its business. The common shares of the Company were called for trading on the TSX Venture Exchange in the new name but under the same symbol "PMV". Registered shareholders will shortly receive a letter of transmittal from Computershare Trust Company of Canada should they decide to exchange their present certificate(s) for certificate(s) in the new name..." {more}
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Copy of May 2nd 2006 News Release from PMI Ventures Ltd.
PMI Forms a Strategic Alliance with Orezone Resources Inc.;
Closes $1 Million in financing.
"PMI Ventures Ltd. (PMI) (TSX/V: PMV) is pleased to announce that it has closed an agreement with Orezone Resources Inc. (Orezone) (AMEX and TSX: OZN), whereby Orezone invested $1 million by private placement in the equity of PMI. Orezone is an emerging gold producer that has an exploration permit for Essakane, the largest gold deposit in Burkina Faso, West Africa where its partner Gold Fields Limited is earning a 60 per cent interest by completing a bankable feasibility study. Orezone also has a pipeline of promising projects, all located in politically stable areas of West Africa. The investment in PMI is part of Orezone's strategy of using its technical expertise and financial resources to increase its leverage to exploration success in West Africa, which is one of the fastest growing gold producing areas in the world..." {more}
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Copy of February 22nd 2006 News Release from PMI Ventures Ltd.
Gold In Soil Anomaly Extended - Ofoase Concession - Ghana
"PMI Ventures Ltd. (the "Company") [TSX Venture: PMV], announces that soil sampling on the Ofoase concession, Ashanti Gold Belt, Ghana, extended the potential Banket 2 strike length from 2.5 km to over 4.0 km. Banket 2 is located 400 to 700 metres south of Banket 1 and the previously announced BH-1 trench. Banket 2 is defined by gold in soil anomalies ranging from 25 ppb Au to 600 ppb Au, trending WSW along the margins of and sub-parallel to a distinctive airborne resistivity feature..." {more}
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Copy of February 9th 2006 News Release from PMI Ventures Ltd.
New Reef Grab Sample Assays - Ashanti II Project - Ghana
"PMI Ventures Ltd. (the "Company") [TSX Venture: PMV], has received assay results from ten grab samples taken along a 125 metre section of quartz reef which was recently exposed by artisanal miners on the Company's Agyka Manso concession -- the southern most concession on the 384 sq. km. Ashanti II project. The reef is approximately 1 metre wide, dips 65º W and strikes NNE.
The grab samples consist of quartz reef and or wall rock, and assayed between 58.2 and 0.07 g/t Au, with three samples greater than 22.8 g/t Au and all ten averaging 11.4 g/t Au. Visible gold has been noted in the reef workings..." {more}
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Copy of January 31st 2006 News Release from PMI Ventures Ltd.
New Reef Discovered - Ashanti II Project - Ghana
"PMI Ventures Ltd. (the "Company") [TSX Venture: PMV], announces that a new quartz reef system has been outlined by significant artisanal mining activity in the Appiahkrom area of the Agyaka-Manso concession -- the southwestern most concession of the eight concessions operated by the Company on the Asankrangwa gold belt in Ghana..." {more}
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Copy of January 18th 2006 News Release from PMI Ventures Ltd.
New "Banket Gold" Discovery - Ofoase Concession - Ghana
"PMI Ventures Ltd. (the "Company") [TSX Venture: PMV], announces that assays have been received from a preliminary sampling program, testing a small part of the previously noted 2.5 km long "Banket 1" gold soil geochemical anomaly on the OFOASE concession. This concession is located on the Ashanti Gold Belt, 20 kilometres due west of Newmont's Akyem gold project and 45 kilometres northeast of Anglo Ashanti's Obuasi Mine. Trench BH-1, located in the Banket Hill area on Line 10200E from 10192N to 10212N was cut to test a 140 ppb gold in soil anomaly. Sampling of quartz pebble conglomerate returned 7 metres grading 1.83 g/t gold, with individual one metre fire assays within this section grading to 4.24 g/t gold..." {more}
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