Cordoba Minerals Corp.

Wesgold Minerals is pleased to announce that Mr. Peter Thiersch has been appointed to the Board of Directors and as President of the Company. Mr. Simon Ridgway, the current Chairman of Wesgold, is taking on the additional role of Chief Executive Officer. Mr. Thiersch has over 25 years of industry experience as an exploration geologist and project manager. He earned a B.Sc. from the University of BC in 1986 and an M.Sc [...]

Wesgold is pleased to announce that it has closed the final tranche of its previously announced non-brokered private placement by issuing 4,466,668 units at $0.75 per unit, for gross proceeds of $3.35 million. Combined with the first tranche proceeds, Wesgold has received total proceeds of $5.15 million from this financing. Each unit in the placement consists of one common share and one-half of a warrant, each whole [...]

Wesgold Minerals is pleased to announce that it has completed its acquisition of an initial 11% interest in the Cordoba porphyry copper-gold property in Colombia from Minatura International LLC. The purchase price of $4.03 million was paid by cash payments totaling $2.03 million to Minatura, and the forgiveness of the $2.0 million loan provided to Minatura in July 2011. In addition, Minatura has been issued warrants to [...]

Wesgold is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement by issuing 2.4 million units at $0.75 per unit, for gross proceeds of $1.8 million. Each unit consists of one common share and one-half of a warrant, each whole warrant entitling the holder to purchase one additional common share for two years at $1.00. The Company also issued 62,500 common [...]

Wesgold announces that it has arranged a bridge loan of US$1.5 million to provide it with the funds necessary to make an upcoming payment whereby the Company will acquire an 11% interest in the Cordoba Property, Colombia. The loan is repayable within 90 days and is non-interest bearing. In consideration for the loan, the Company has agreed, subject to stock exchange approval, to issue to the lender 400,000 common shares [...]

Wesgold is pleased to announce that it has arranged, subject to stock exchange approval, a non-brokered private placement financing of up to 6,700,000 units at $0.75 per unit, for proceeds of up to $5,025,000. Each unit will consist of one common share and one-half of a warrant. Each whole warrant will entitle the holder to purchase one additional common share of the Company at $1.00 for two years from closing. If at any [...]

Wesgold are pleased to report assay results from recent sampling at the Cordoba copper-gold porphyry project located in the Municipality of Puerto Libertador in the Department of Cordoba, 200km north of Medellin, Colombia. Wesgold has the option to acquire a 51% interest in the property from Minatura subject to meeting certain expenditure and cash payment requirements. The Cordoba property consists of four granted [...]

Wesgold provides an update on the status of the option to acquire up to a 51% interest in the Cordoba Property from Minatura International, which was previously announced on June 6, 2011. The Company has been informed by Minatura that three of the concession applications that make up part of the Property have been granted and are now legal contracts. This has been confirmed by Wesgold's Colombian legal counsel. However [...]