Cariboo Gold Discovery in Central Interior of BC Canada

Junior Gold Mining company in central interior of BC Canada discovery a large gold deposit
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* Langley - British Columbia - Canada

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May 28, 2012 - PRLog -- There's gold fever in Barkerville, where mining companies are pouring money into exploration, mining and seeking investors. No, this isn't an historical story about the gold rush era. At least two companies are investing large amounts of time, resources and finances to extract the hugh deposits of gold they are confident remain below the ground. The Barkerville area has hugh gold that hasn't even been discovered yet, Windsor Gold Mining and Exploration Inc president/CEO Adrian Laprise said. Windsor Gold Mining was incorporated in Sept 2011 and are looking for investors. The company holds property west of barkerville which was purchased in 1996 and is now looking to mine the property. In order to do this, Windsor Gold Mining is looking to list on the stock market in order to sell 7,500,000 shares at an initial offering of 25 cents a share. Once we get on the stock market, we have a five-year mining program on Canadian Creek.
We plan more exploration this year and mining to begin in 2013. Although investors are welcome to purchase shares right now from the company at the initial price of 25 cents each, once the company is listed on the stock market, demand could send those prices much higher. With any stock exchange listing, the company must first prove themselves to the listing exchange as well as satisfying the Securities Exchange Commission. Companies must also have at least 150 shareholders and $350,000 in the bank. Herb Forber is an independent geologist hired by Windsor Gold Mining to do the required testing of ore samples. In July 2011, Herb Forbes evaluated the property and estimated the gold reserves to be extensive and has produced the prospectus for the company. That's what we present to the shareholders and investors as required by Canadian Law. The estimate on Canadian Creek will produce about 162,000 ounces and with the current market value of the precious mineral, that's a lot of money for shareholders. We expect the depth of the gold to range from 12 - 60 feet and plan to conduct open-pit mining. We already have the money in the bank for reclamation. once we'er done mining, we re-level the ground and replant trees.there's always a risk when investing in a mining operation because you'll never know what's in the ground until you do the tests and start mining. Investors provide the financing for the mining operation and if the venture proves fruitful, the investors make a lot of money. Anyone interested in purchasing Windsor Gold Mining and Exploration Inc shares may contact Laprise at 1-503-704-2857, by e-mail or visit the Web site
Source:Quesnel Cariboo Observer by Annie Gallant
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Tags:Gold Mining News, Mining, Investment, Exploration
Industry:Metals and Mining
Location:Langley - British Columbia - Canada
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