Metallic Ventures Gold Inc. - Home Page

Date:	08-22-2008
Time:	14:54
Last:	$0.77
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Metallic Ventures Gold Inc. ("MVG") (TSX: MVG) has established itself in the mineral exploration industry with an impressive inventory of gold assets primarily within the State of Nevada. MVG controls three advanced projects, Converse, Goldfield, and Esmeralda. In addition, MVG owns a royalty on Barrick Gold Corporation's Ruby Hill Mine.

MVG owns one of the largest undeveloped resource packages in Nevada.

MVG is well funded and currently focused on advancing Converse and Goldfield through scoping and feasibility studies and updating Esmeralda's resources.

McClelland Labs, in Reno, is performing a comprehensive metallurgical program on Converse to clearly define the metallurgical characteristics and costs associated with the different mineralized rock types. In addition, Call and Nicholas is working on the geotechnics of the Converse resource. Contractors are being considered to create a feasibility study for the Goldfield project and permit the project. Applied Geosciences is updating the Esmeralda resource.

MVG's royalty on Barrick's Ruby Hill Mine should assure MVG of a steady cash flow stream from a top quality Nevada gold mine.

MVG is intentionally focused in Nevada. Nevada offers a US dollar cost base, asset security, established infrastructure, a favorable permitting environment, and a skilled mining workforce. In addition, Nevada is the largest gold producer in the US and fourth largest gold producer in the world.

MVG is well funded with excellent near term production potential at Converse and Goldfield. Management is committed to increasing shareholder value by efficiently advancing Converse and Goldfield toward production.

Click to view Project Resources Table (PDF)

Mineral Resources have been categorized in accordance with classifications defined by the Canadian Institute of Mining, Metallurgy and Petroleum ("CIM"). Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability. Measured and Indicated Mineral Resources are that part of a Mineral Resource for which quantity, grade can be estimated with a level of confidence sufficient to allow the application of technical and economic parameters to support mine planning and evaluation of the economic viability of the deposit. An Inferred Mineral Resource is that part of a Mineral Resource for which quantity and grade can be estimated on the basis of geological evidence and limited sampling and reasonably assumed, but not verified.

Aug 11, 2008 : Financial Statements : Second Quarter Financial Statement 2008 (more...)

Jun 18, 2008 : News Releases : METALLIC VENTURES GOLD INC. PRESS RELEASE (more...)

May 12, 2008 : Financial Statements : First Quarter Financial Statement 2008 (more...)

Mar 17, 2008 : News Releases : METALLIC VENTURES GOLD INC. 2007 YEAR-END REPORTS ... (more...)

Mar 17, 2008 : Financial Statements : 2007 Annual Report (more...)



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