Junior corporate roundup: Vangold, Cabral, New Gold
Vangold Mining decided not to proceed with a previously announced acquisition of the San Carlos concession in Mexico.
The acquisition will be put on hold until further exploration is completed at Vangold's nearby El Pinguico gold-silver property.
Vangold is currently awaiting approval of an environmental impact assessment in order to begin drilling and blasting at El Pinguico.
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Cabral Gold registered an application for a full mining license for its Cuiú Cuiú gold project in Brazil's Pará state.
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New Gold, whose mines include Cerro San Pedro in Mexico, appointed Renaud Adams as CEO.
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News in: Mining & Metals (Brazil)
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