Articles Tagged "American Bonanza Gold"

American Bonanza Raises $7 Million in Property Sale

American Bonanza Gold (TSE:BZA) reports that it has signed a Letter of Offer with Balmoral Resources Ltd. The proceeds of this transaction will be applied to the development of the 100% owned Copperstone gold mine in Arizona. For complete news release, click here. For American Bonanza’s company profile, click here.

American Bonanza Finalizes Mill Purchase for the Copperstone Gold Mine

American Bonanza Gold Corp. (TSE:BZA) reports it has closed the purchase of a milling and flotation circuit for the 100% owned Copperstone , Arizona. Bonanza acquired the 700 ton per day milling and flotation/gravity plant, including a pre-engineered mill building, for a purchase price of US$400,000 and the issuance of 1,250,000 common shares. For complete news [...]

American Bonanza Announces $255,000 Private Placement

American Bonanza Gold reports that it has completed a non-brokered private placement of 1,594,500. Most of the private placement was subscribed for by Directors and Insiders on the terms set forth above and such participation was approved by the independent directors of Bonanza. All securities issued in connection with the private placement are subject to [...]

American Bonanza Acquires Mill for the Copperstone Gold Mine

American Bonanza Gold Corp. reports the purchase of a milling and flotation circuit for its Copperstone Mine in Arizona. The purchase of the mill at US$650,000 represents a significant cost savings and is expected to reduce the capital cost of the Copperstone project by over $500,000. The mill has operated for only 2 years and is in [...]