Stock Info
Batero Gold Trades on the following exchanges:
TSX - Venture: BAT
Frankfurt Exchange: FWB:68B
Pink Sheets: BELDF
Stock information for Batero Gold on the TSX - Venture Exchange
~ $17 million Cash in Treasury*
- Places Batero within the top 2% of non-producing TSX - Venture listed mining companies as ranked by total cash balances. As of May 10, 2013
- Places Batero in top 10% of non-producing Venture listed mining companies as ranked by total cash balances as a % market cap. As of May 10, 2013
- Capital and resources to rapidly advance the project without financing risk or additional financings
Preliminary Economic Assessment expected end of Q2 2013
- Next step in an aggressive plan to move the Batero-Quinchia project forward toward the completion of a Bankable Feasibility Study without further dilution to shareholders
- Feasibility Study anticipated commencing Q3 2013 with a 12 month completion period
Strategic Alliance with Consorcio Minero Horizonte
- A large established private Peruvian mine operator
- Over 200,000 ounces of Gold produced in 2012 from multiple mines
- CMH provides operational expertise moving towards development
- 45% ownership limitation for CMH as per a stand still clause in the agreement
Compelling Value
- 60% of the property remains unexplored
- 100m x 100m soil sampling grid across the entire property is ongoing
- Over 1000 metres of historic tunnels on the project fault bound epithermal style mineralization. Sampling ongoing within the tunnels
- Fully funded exploration budget with ongoing field work and 2013 exploration drilling
- Exploration drilling focused on high grade targets
* $ 17.7 Million Cash per February 28, 2013 Financial Statements press release

