Fire River Gold Corp. Announces Extension of Warrant Expiry Date
posted on
May 17, 2011 09:17AM
NI 43-101 indicated resource of 128,500 ounces and inferred 74,600 ounces of gold
cnw
FAU: TSX.V
FVGCF: OTCQX
FWR: FSE
VANCOUVER, May 17 /CNW/ - Fire River Gold Corp. (TSX.V: FAU; OTCQX:
FVGCF; FSE: FWR) (the "Company") wishes to announce that it intends to
extend the expiry date of common share purchase warrants exercisable at
$0.75 per share issued by the Company in its December 2009 private
placement financing. Accordingly, the June 21, 2011 expiry dates of
the 3,000,000 warrants which remain outstanding are extended to June
21, 2012, subject to approval by the TSX Venture Exchange.
About Fire River Gold Corp.
Fire River Gold Corp. is a near term production company with an
experienced technical team focused on bringing its flagship project,
the Nixon Fork Gold Mine, back into production in Summer 2011. The Nixon Fork Gold Mine is a
permitted and bonded mine which include a ~200 tpd processing plant
with a gravity gold circuit, sulphide flotation circuit and a gold
recovery system (CIL circuit) that is scheduled to be completed by
Summer 2011. The mine also includes a fleet of surface & underground
mining vehicles, a self-contained power plant, maintenance facilities,
drilling equipment, an 85 person camp, office facilities and a 1.2 km
long landing strip.
Fire River Gold Corp is a member of the International Metals Group.
On behalf of the Board of Directors, I look forward to keeping you
updated with our corporate developments.
(signed)
Richard Goodwin
President & C.O.O.
Certain information regarding the Company including management's
assessment of future plans and operations, may constitute
forward-looking statements under applicable securities laws and
necessarily involve risks associated with mining exploration and
development, volatility of prices, currency fluctuations, imprecision
of resource estimates, environmental and permitting risks, access to
labour and services, competition from other companies and ability to
access sufficient capital. As a consequence, actual results may differ
materially from those anticipated in the forward-looking statements. A
feasibility study has not been completed and there is no certainty the
disclosed targets will be reached nor that the proposed operations will
be economically viable. Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy
of this release. We seek safe harbour.
For further information:
Tel: +1 604 685 1870 Fax: +1 604 685 8045 Email: info@firerivergold.com or visit http://www.firerivergold.com/">www.firerivergold.com 2303 West 41st Avenue, Vancouver, B.C., Canada, V6M 2A3