|Colombian Mines Corporation - CMJ.v is advancing the El Dovio and Mercedes properties in Colombia.|
On July 15, 2016 the company released NEWS
Colombian Mines Corporation ("Colombian Mines" or the “Company") is pleased to announce the Company has entered into a Purchase Option Agreement (Agreement) with a private party (the “Seller” or “Owner”) for the high grade Pamlico gold project in Mineral County, Nevada for $4 million USD, under terms described near the end of this news release.
Visible gold dominates the high grade mineralization which occurs in thoroughly oxidized and brecciated quartz veins. Numerous historic drill holes, including those in the table below, contain high grade gold intercepts.