Tuesday, November 29, 2011

Carpathian Gold Inc - CPN.t

http://pennystockjournal.blogspot.com/2011/11/carpathian-gold-inc-cpnt.html
Carpathian Gold Inc - CPN.t is advancing near-term production on the flagship RDM Gold project in Brazil.

The company is also progressing the Rovina Valley project in Romania.



Indigo Interactive Analyst Center

On November 29, 2011 the company released NEWS

"Carpathian's Ongoing Drilling Returns 518 m of 0.85 g/t Au & 0.21% Cu at its Ciresata Porphyry Deposit, Romania

TORONTO, ONTARIO--(Marketwire - Nov. 29, 2011) - Carpathian Gold Inc. (TSX:CPN) (the "Corporation" or "Carpathian") is pleased to provide further results from its 2011 diamond drill program at the Corporation's 100% owned Rovina Valley Project ("RVP") in west-central Romania. The RVP includes three Au-Cu porphyries discovered by the Corporation."
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On July 18, 2011 the company released NEWS

CARPATHIAN GOLD INC. ANNOUNCES $20 MILLION STRATEGIC PLACEMENT BY BARRICK GOLD CORPORATION

Carpathian Gold Inc. has concluded an agreement with Barrick Gold Corporation for a $20-million private placement to purchase 38,461,538 common shares of the corporation at a price of 52 cents per share. The common shares will be subject to a four-month hold period. The proceeds from the private placement will be exclusively applied to the corporation's continuing exploration and development work on its wholly owned Rovina Valley project (RVP) situated in west-central Romania.

On March 22, 2011 the company released NEWS

"Carpathian Intersects 482 m of 1.06 g/t Au & 0.21% Cu and Continues to Increase Size of Ciresata Deposit With More Wide Zones of Au-Cu Mineralization.

TORONTO, ONTARIO--(Marketwire - March 22, 2011) - Carpathian Gold Inc. (TSX:CPN) (the "Corporation" or "Carpathian") is pleased to provide further results from its 35,000 meter planned 2011 drill program at the Corporation's 100% owned Rovina Valley Project ("RVP") in west-central Romania. The RVP includes three Au-Cu porphyries discovered by the Corporation with the focus of the 2011 drilling program on the Au-rich Ciresata Porphyry deposit. The 2011 drill program will focus on defining the limits of the Ciresata deposit, upgrade the inferred resource to the measured plus indicated resource categories, as well as test satellite targets."


Carpathian Gold Inc - CPN.t ::::

  


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