Thursday, June 29, 2017

Gabriel Resources Ltd.- GBU.t

Gabriel Resources Ltd.- GBU.t is focused on developing its world class Rosia Montana gold and silver project in Romania.

Rosia Montana is one of the largest undeveloped gold deposits in Europe, with proven and probable reserves of 10.1 million ounces of gold and 47.6 million ounces of silver (1.46 g/t and 6.88 g/t).

On June 29, 2017 the company reported News

Gabriel to file $5.7 billion arbitration claim against Romania

Gabriel Resources Ltd. plans to file a statement of claim in its arbitration case against Romania seeking an amount equivalent to $5.7 billion as compensation for the losses it incurred as a result of Romania’s investment treaty violations.