Abbie Lake-Keating Property, Ontario
The Company is pleased to announce that it has assembled 3 contiguous gold properties covering an 18 kilometer strike length within the western part of the Mishibishu Greenstone Belt (the " MGB ") in Northern Ontario. These properties collectively form the Abbie Lake-Keating property. This strategically positioned land package is located within a key geologically prospective and historically prolific gold producing region known for production from high grade open pit and underground mining operations. The Company has incorporated a wholly owned subsidiary (" Newco ") for the purposes of developing the Abbie Lake-Keating property and will consider various alternatives to capitalize and deliver full value to Giyani shareholders with this entity going forward.
, Executive Chairman of the Company, commented "As we continue to advance on our premier South African project, our team has assembled 3 new prospective gold properties in Ontario. This demonstrates the ability and continued effort of management throughout the past year in securing this large scale gold exploration opportunity. Exploration work has already begun at both the Rock Island and Abbie Lake-Keating projects. The exploration work at Abbie Lake-Keating is being funded with flow-through capital on hand with a view to developing a geological model for the property.
Ontario's new transportation minister says Mayor Rob Ford won't get money in advance for the city's privately financed Sheppard line. Ford's office is privately expressing confidence the Sheppard line will be built and that the provincial surplus will
Hydrogenics ended the quarter with cash resources of $9.2 million, a $1.8 million decrease from June 30, 2011. -- The Corporation signed a loan agreement to realize up to CA$6.0 million to advance commercialization of products for telecommunications,
Mr. Duane Parnham, Executive Chairman of the Company, commented "As we continue to advance on our premier South African project, our team has assembled 3 new prospective gold properties in Ontario. This demonstrates the ability and continued effort of
We are not continuing to develop our RNA-targeted therapies from our own resources and are currently seeking partnership to further advance these technologies. As such there were no expenditures related to this program during the quarter.
In September, British Columbia saw the first notable gain in employment since July 2010 as employment rose by 32000, all in full-time work, and the unemployment rate fell to 6.7%. The economy and labour markets in Ontario have continued their forward
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