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CSGLF Castle Gold Corp featured news, full reports, and detailed charts

Castle Gold Corp (CSGLF/CSGLF.PK) Wrap Up:

Castle Gold Corporation engages in the acquisition, exploration, and development of gold-bearing mineral resource properties in the Americas. The company holds 100% interests in the El Castillo gold mine and the La Fortuna gold, silver, and copper project located in Durango, Mexico. It also owns a 50% joint venture interest in the El Sastre gold mine in Guatemala. The company is headquartered in Toronto, Canada.
www.castlegoldcorp.com

Castle Gold Corp (CSGLF:Pink OTC Markets Inc)

LAST $1.18 USD
CHANGE TODAY -0.016 -1.34%
VOLUME 17.4K
As of 3:35 PM 11/20/09 All times are local (Market data by Reuters is delayed by at least 15 minutes).

Snapshot of Castle Gold Corp (CSGLF)

OPEN
$1.20
PREVIOUS CLOSE
$1.19
DAY HIGH
$1.20
DAY LOW
$1.18
52 WEEK HIGH
11/18/09 - $1.22
52 WEEK LOW
11/20/08 - $0.12
MARKET CAP
88.9M
AVERAGE VOLUME 3 mo
36.1K
DILUTED EPS TTM
--
SHARES OUTSTANDING
75.5M
CSGLF Does Not Pay Dividends
P/E TTM
NM
K = Thousands  M = Millions  B = Billions

CSGLF Top Compensated Officers

Mrs. Janet O'Donnell
Chief Financial Officer
Total Annual Compensation: $56.6K
Mr. Federico Alvarez
Vice President of Operations
Total Annual Compensation: $109.5K
Mr. Darren Koningen P.Eng.
Vice President of Project Development
Total Annual Compensation: $165.2K
Mr. Christopher E. Babcock
Consultant
Age: 48
Total Annual Compensation: $83.3K

Executives, Board Directors

Compensation as of Fiscal Year 2008.

Key developments for Castle Gold Corp (CSGLF)

Castle Gold Corporation Reports Second Set of Assay Results from La Fortuna Concessions in North West Durango State, Mexico

Castle Gold Corporation announced a second set of assay results from the surface mapping and sampling program conducted on its 100% owned La Fortuna concessions located in north west Durango state, Mexico. A reconnaissance surface sampling and mapping program commenced on the company's 10,000 hectare concession earlier in 2009. The objective of this program was to understand the geology and structures outside of the established mineralization evident at the La Fortuna mine (National Instrument 43-101 compliant Measured and Indicated resource containing 4.8 million tonnes grading 1.98 grams per tonne gold for a total of 308,000 ounces of gold-refer to press release dated November 12, 2008) and within the company's 10,000 hectare mineral concessions. This first phase exploration program initially focused on mapping and sampling of road cuts and mineralized outcroppings that appeared to be related to the known gold mineral resource at the La Fortuna mine. Subsequent work explored through similar mapping, road-cut and outcrop sampling, areas of apparent alteration outside of extensions to the historic La Fortuna Mine. Samples from two newly discovered areas 1.0 to 2.0 kilometres northeast of the La Fortuna Mine, at the Ramada Prospect and the PN Prospect produced spectacular results from outcrop and grab samples, including sample RR 45 at the Ramada Prospect that assayed 39.30 grams per tonne gold and 154 grams per tonne silver and sample PN 72 from the PN Prospect that assayed 5.37 grams per tonne gold and 1,510 grams per tonne silver.

Castle Gold Corporation Announces Executive and Management Changes, Effective October 30, 2009

Castle Gold Corporation announced that Thomas Atkins, the company's President and Chief Executive Officer, is leaving his position with the company effective October 30, 2009. The Board has appointed Milton Baehr as the Interim Chief Executive Officer and James Mark Plaxton as the Interim President of the company both of whom are existing Board members.

Castle Gold Corporation Reports Operating Results for the Third Quarter Ended September 30, 2009

Castle Gold Corporation provided an update on the ramp-up in mining and gold production at its 100% owned El Castillo Gold Mine in Durango State, Mexico. New quarterly gold production record of 7,655 ounces of gold, a 65% increase from the year earlier third quarter period of 6.421 ounces and a 19% increase from the previous quarter of 6,421 ounces of gold produced. New quarterly record for total tonnes mined of 2,594,800 tonnes of combined ore and waste, a 109% increase from the year earlier third quarter period of 1,239,500 and a 39% increase from the previous quarter of 1,862,300 tonnes mined. New quarterly record for total ore placed on leach pads 1,051,300 tonnes of combined run-of-mine and high grade ore, a 116% increase from the year earlier third quarter period of 486,500 and a 36% increase from the previous quarter of 775,100 tonnes mined. New quarterly record for total estimated gold placed on leach pads of 14,100 ounces, an 81% increase from the year earlier third quarter period of 7,800 and a 21% increase from the previous quarter level of 11,700 ounces of gold. The company expects to recover 60% of the gold from the total ounces placed on the pad. A monthly production record for total tonnes mined, having occurred in September 2009 of 931,000 tonnes a 16% increase over the intended expanded mining rate of 800,000 tonnes per month objective that was to be achieved with the arrival of the new equipment fleet for El Castillo. During the three month period ended September 30, 2009 mining rates at the El Castillo gold mine averaged 865,000 tonnes per month, more than double the rate of production from the year earlier period and almost 40% above rates achieved in Q2-2009 as mining operations benefited from the arrival of the remaining components of the new, larger and more efficient contractor supplied and operated equipment fleet. During the quarter a total of 2,594,800 tonnes of material was mined from the open pit of which 1,051,300 tonnes of ore, having an average grade of 0.42 grams per tonne gold was placed on the leach pad. The grade of gold mined during the third quarter 2009 was 16% lower than that mined in the previous year period. Despite the temporary lower grade, gold production during the third quarter 2009 was 7,655 ounces, or 65% higher than the year earlier period.

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CSGLF

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CSGLF transactions

Type
Date
Target
Private Placement
November 6, 2009
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Merger/Acquisition
October 28, 2009
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