Blackhawk Mines
Blackhawk Mines acquires Amazon Gold Ventures.
A Mining company that operates in Columbia. A public listed company that trades in Germany on the Frankfurt exchange.
Blackhawk Mines Corp. (formerly named: Bentley Fairview Resources Co. Ltd.) is a gold-focused exploration and mining development company with additional interests in silver. The Company is focused on creating royalties and participating interests through joint venture partnering with independent mining operations in South America. The Company's strength is in generating prospects that provide world class gold deposits. Collectively, with our partners and associates who have extensive in-country expertise in exploration and mining operations in Colombia and throughout South America, Blackhawk Mines Corp. can become a significant venture in the mining industry.
In recent years, the modern governments of Colombia, Peru and Brazil have each successfully attracted both, foreign capital and technology. Historically, these countries are known to be gold-rich areas mined by humans for thousands of years. In particular, Colombia possesses an exceptional geologic terrain for gold exploration. Within the last five years this country has produced a very high rate of plus-million ounce gold discoveries by a relatively small amount of active companies. In the 19th century, Colombia was the world's largest gold producer. Currently, Peru, Colombia's neighbor to the south, produces about 210 tons of gold per year from the metal rich Andean Cordillera.
At present, the Company is focused on Colombia with its flagship Las Palmeras Project in Segovia, Antioquia adjacent to the Frontino Gold Belt reserve. Las Palmeras is an active operation including a gold processing stamp mill and has total reserves estimated at over $180,000,000 USD. The Company's operating partner based in Envigado, Department of Antioquia, has strong, established legal and political alliances that enable excellent cooperation with such key entities as the Colombian Ministry of Mines and Energy.
Blackhawk Mines Corp. (formerly named: Bentley Fairview Resources Co. Ltd.) is a gold-focused exploration and mining development company with additional interests in silver. The Company is focused on creating royalties and participating interests through joint venture partnering with independent mining operations in South America. The Company's strength is in generating prospects that provide world class gold deposits. Collectively, with our partners and associates who have extensive in-country expertise in exploration and mining operations in Colombia and throughout South America, Blackhawk Mines Corp. can become a significant venture in the mining industry.
In recent years, the modern governments of Colombia, Peru and Brazil have each successfully attracted both, foreign capital and technology. Historically, these countries are known to be gold-rich areas mined by humans for thousands of years. In particular, Colombia possesses an exceptional geologic terrain for gold exploration. Within the last five years this country has produced a very high rate of plus-million ounce gold discoveries by a relatively small amount of active companies. In the 19th century, Colombia was the world's largest gold producer. Currently, Peru, Colombia's neighbor to the south, produces about 210 tons of gold per year from the metal rich Andean Cordillera.
At present, the Company is focused on Colombia with its flagship Las Palmeras Project in Segovia, Antioquia adjacent to the Frontino Gold Belt reserve. Las Palmeras is an active operation including a gold processing stamp mill and has total reserves estimated at over $180,000,000 USD. The Company's operating partner based in Envigado, Department of Antioquia, has strong, established legal and political alliances that enable excellent cooperation with such key entities as the Colombian Ministry of Mines and Energy.
Blackhawk Mines Corp. is a public company listed on the Frankfurt Stock Exchange, Open Market trading under the ticker symbol: B06N. As part of the acquisition agreement, existing shareholders of Amazon will be entitled to exchange their shares of Amazon for shares of Blackhawk on a one for one basis. The name Blackhawk Mines Corp. will be retained as the new group name and trading of Blackhawk shares will continue on the Frankfurt Stock Exchange, First Quotation Board under the current ticker symbol: B06N.
Recently, the Frankfurt Stock Exchange has proposed certain changes to the Open Market trading segment which will mean that Blackhawk will be applying to trade on the Frankfurt Stock Exchange's higher platform the "Entry Standard" later in this year. The proposed changes to the Open Market are an attempt to increase liquidity, transparency and public disclosure in German public capital markets.
The management of Blackhawk is in full agreement with the proposed changes that the Frankfurt Stock Exchange is implementing and looks forward to meeting full compliance with all future listing requirements brought in by the Exchange. In addition, Blackhawk shall be seeking secondary listings of its shares on other exchanges and trading venues in order to increase market presence and liquidity for its shareholders.
The merger of these two companies signifies greater resources and expertise as now Blackhawk will be able to draw on all the experience that the combined team members and joint venture partners have. Ina addition, the two corporations effectively combined together will also bring increased value and benefit to the shareholders of both companies.
The exposure to operational mines in South America and exploration in California follows the trend that most financial experts are promoting; own as much Gold as possible. With prices currently in excess of $1700 an Oz, being a gold mining and exploration company has never been so profitable.
Amazon has been focused on Colombia with its flagship Las Palmeras Project in Segovia, Antioquia adjacent to the Frontino Gold Belt reserve. Las Palmeras is an active operation including a gold processing stamp mill and has total reserves estimated at over $180,000,000 USD. The Company's operating partner based in Envigado, Department of Antioquia, has strong, established legal and political alliances that enable excellent cooperation with such key entities as the Colombian Ministry of Mines and Energy.
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