Carpathian Gold Inc. announced a Project Loan Facility ranging from US$75 to US$97 million to fund the construction and development of the Corporation’s Riacho dos MachadosGold Project in Brazil.
Carpathian Gold Inc. has received the Ad Referendum for the Licença Instalaç?o (“LI”) thereby enabling it to proceed with the overall construction of its 100% owned Riacho dos Machados (“RDM”) Gold Project, located in Minas Gerais State, Brazil.
Carpathian Gold announced the results from the NI 43-101 compliant feasibility study for the development of the open-pit portion of the Riacho dos Machodos Project located in Minas Gerais State, Brazil.
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