Energy & Mining International - Summer 2012 - (Page 94)

E M I B A T E R O G O L D C O R P. LATIN AMERICA SUMMER 2012 A Local Focus In its development of a gold project in Colombia, Batero is focused on the economic, environmental and social impacts of its business. Batero Gold Corp. is developing a high-grade gold project in Colombia.. • Quinchia, Colombia qualified and experienced team is not in Locating and having access to a sig- place to support the discovery. nificant mineral deposit is a step in the This is why Batero Gold Corp. is confiright direction for an exploration comdent in its operations – not only does the pany – and industry outsiders may becompany have a significant gold and coplieve it’s the only aspect necessary for per deposit in the Middle Cauca Belt in success. But those with experience know Colombia, but it also has a strong team full well that a shout of “there’s gold in of Colombian partners, local supporters them thar hills” is just a lonely echo if a and executives working to ensure the [ B Y S TA C I D AV I D S O N ] PROFILE economic, social and environmental success of the company’s endeavors. Batero Gold Corp. is based in Vancouver, but the business’s focus is in Colombia on the Batero-Quinchia project. It got started in 2009 as an exploration company, but it was listed as a shell company on the Toronto Stock Exchange and needed a project to start trading. The company had been interested in the Quinchia project and soon found venture capitalist partners in Colombia, which enabled Batero to go public in 2010. In July of that year, Batero acquired 100 percent ownership of the Quinchia project and raised $5.3 million in equity. Batero is about 20 months old now. The company raised $30 million in its first years of operation and it raised an additional $6.3 million in June 2012. The company is now focused on evaluating low-cost heap leach mineral processing of near-surface, high-grade oxidized gold mineralization at La Cumbre deposit at the Quinchia project. MAJOR POTENTIAL The Batero-Quinchia project is located in Quinchia, department of Risaralda in Colombia, approximately 34 miles north of the regional capital of Pereira; this area is recognized as a stable and secure social and political environment, the company notes. The property covers an area of approximately 3,477 acres and is supported with full infrastructure. Batero Gold Corp.. | Headquarters: Vancouver | Specialty: Gold and copper exploration 94

Table of Contents for the Digital Edition of Energy & Mining International - Summer 2012

Energy & Mining International - Summer 2012
Wind Financing
Latin American Energy
Mining Developments
Wabash Mfg. Inc.
Mega Precious Metals
Iron Ore Company of Canada
Rainy River Resources Ltd.
Canada Energy
Gear Energy
Manitok Energy Inc.
Chieftain Metals
IC Potash
Nyrstar Langlois Mine
Phoenix Technology Services Inc.
Waycon Manufacturing Ltd.
Tuscany International Drilling
Latin America Focus
Canacol Energy
Orosur Mining
Lithium One Inc.
Cabo Drilling (Panama) Corp.
Continental Gold Ltd.
Guyana Oil Co. Ltd.
Batero Gold Corp.
The Williston Basin
Primary Petroleum
Sanjel Corp.
Summit Energy Services
Kengor Metals LLC
Stone Energy
Holloway Pipe
McFarren Group – Appalachian Transload Services
Trumbull Corp.
De-Cal Mechanical
Buck’s Fabricating
ITI Trailers & Truck Bodies
Hamilton Machine/ ValTek Industries
Rodenberg Diversified LLC
Mazzella Lifting Technologies
Independence Excavating
Magna-Solutions LLC
Blackhawk Specialty Tools LLC
MinExpo 2012
Rail-Veyor Technologies
STW Technic
RAM Enterprise
Miner Elastomer Products Corp.
McElroy Manufacturing
REICHdrill Inc.
Gunnebo Johnson Corp.
The Timken Co.
K/M Specialty Pumps & Systems Inc.
Schroeder Industries
The Reinforced Earth Co.
Geoprobe Systems®
Sumitomo Pogo Mine LLC – Pogo Mine
Power Service Inc.
National Pump Co.
Peak Oilfield Service Co.
TonaTec Exploration
Xtreme Oil & Gas Inc.
White Tiger Gold
TransAtlantic Petroleum Ltd.
Lydford Mining Co.
MFM Industries Inc.
Crescent Companies
Tri State Tank
Aquila Resources
Armstrong Coal
EnerJex Resources Inc.
Sanchez Energy Corp.
Chatham Steel Corp.
Ad Index
The Final Shot

Energy & Mining International - Summer 2012