|By Marketwired .||
|April 17, 2014 05:08 PM EDT||
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 04/17/14 -- Wolf Wiese CEO of Golden Dawn Minerals Inc. (the company) (TSX VENTURE:GOM)(FRANKFURT:3G8A) reports due to the lack of funding opportunities for low grade bulk tonnage Gold deposits, the company has made decision to relinquish its option agreement for the Tam O' Shanter property on its Greenwood Precious Metal Project in Greenwood B.C. The Tam O' Shanter Property was contiguous to the Northwest to the Wild Rose Property. The Wild rose Property and the Tam O' Shanter property shared an inferred gold resource of 415,000 troy ounces at 0.52 grams per tonne (g/t) gold utilizing a lower cut-off of 0.3 g/t gold (see company news release dated January 29th, 2013). At this point our technical consultants are calculating the amount of reduction of the Wild Rose Gold inferred resource. Therefore the disclosures in the N.I.43-10 disclosing this resource can no longer be relied upon. The Historic Wild Rose Mine Southeast of the Deadwood Gold Zone where the bulk of the resource is located is not affected by the severance of the Tam O' Shanter property. The company will disclose the correct inferred Gold resource located on the Wild Rose Properties Dead Wood Zone as soon as our Technical consultants have made these calculations.
The company is focused on advancing the historic May Mac Mine and Wild Rose Mine towards bulk sampling. The Wild Rose is a high grade narrow vein gold copper mine with an existing 350 meter adit on the wild Rose property and the May Mac Mine is a high grade polymetalic Mine with 7 exiting adits a 100 ton mill and permitted tailings pond. The Mac Mine is located 4KM south of the Wild Rose adit on the contiguous Boundary Falls property. These properties are 3 Km west of the city of Greenwood on Highway 3.
On Behalf of the board of directors:
GOLDEN DAWN MINERALS INC.
This news release was reviewed by Mike Dufresne Q.P. under N.I 43-101.
On behalf of the Board of Directors:
GOLDEN DAWN MINERALS INC.
Wolf Wiese, President
THIS PRESS RELEASE WAS PREPARED BY MANAGEMENT WHO TAKES FULL RESPONSIBILITY FOR ITS CONTENTS. NEITHER CSE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. THIS DOCUMENT CONTAINS CERTAIN FORWARD LOOKING STATEMENTS WHICH INVOLVE KNOWN AND UNKNOWN RISKS, DELAYS, AND UNCERTAINTIES NOT UNDER THE COMPANY'S CONTROL WHICH MAY CAUSE ACTUAL RESULTS, PERFORMANCE OR ACHIEVEMENTS OF THE COMPANY TO BE MATERIALLY DIFFERENT FROM THE RESULTS, PERFORMANCE, OR ACHIEVEMENTS IMPLIED BY THESE FORWARD LOOKING STATEMENTS. WE SEEK SAFE HARBOR.
Enterprises are turning to the hybrid cloud to drive greater scalability and cost-effectiveness. But enterprises should beware as the definition of “policy” varies wildly. Some say it’s the ability to control the resources apps’ use or where the apps run. Others view policy as governing the permissions and delivering security. Policy is all of that and more. In his session at 16th Cloud Expo, Derek Collison, founder and CEO of Apcera, explained what policy is, he showed how policy should be ar...
Jul. 7, 2015 02:51 PM EDT
Jul. 7, 2015 02:45 PM EDT Reads: 360
Jul. 7, 2015 02:45 PM EDT Reads: 2,633
DevOps Summit, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 17th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development...
Jul. 7, 2015 02:45 PM EDT Reads: 2,040
The last decade was about virtual machines, but the next one is about containers. Containers enable a service to run on any host at any time. Traditional tools are starting to show cracks because they were not designed for this level of application portability. Now is the time to look at new ways to deploy and manage applications at scale. In his session at @DevOpsSummit, Brian “Redbeard” Harrington, a principal architect at CoreOS, will examine how CoreOS helps teams run in production. Attende...
Jul. 7, 2015 02:45 PM EDT Reads: 1,580
Agile, which started in the development organization, has gradually expanded into other areas downstream - namely IT and Operations. Teams – then teams of teams – have streamlined processes, improved feedback loops and driven a much faster pace into IT departments which have had profound effects on the entire organization. In his session at DevOps Summit, Anders Wallgren, Chief Technology Officer of Electric Cloud, will discuss how DevOps and Continuous Delivery have emerged to help connect dev...
Jul. 7, 2015 02:30 PM EDT Reads: 2,178
Jul. 7, 2015 02:30 PM EDT Reads: 2,302
"AgilData is the next generation of dbShards. It just adds a whole bunch more functionality to improve the developer experience," noted Dan Lynn, CEO of AgilData, in this SYS-CON.tv interview at 16th Cloud Expo, held June 9-11, 2015, at the Javits Center in New York City.
Jul. 7, 2015 02:30 PM EDT Reads: 1,504
Jul. 7, 2015 02:30 PM EDT Reads: 2,664
Jul. 7, 2015 02:15 PM EDT Reads: 2,442
Jul. 7, 2015 02:15 PM EDT Reads: 2,143
Jul. 7, 2015 02:00 PM EDT Reads: 2,155
Jul. 7, 2015 01:45 PM EDT Reads: 2,437
Jul. 7, 2015 01:30 PM EDT Reads: 2,723
Jul. 7, 2015 01:15 PM EDT Reads: 1,461