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Minera IRL Limited together with its subsidiaries (the "Group") is a Latin American precious metals mining, development and exploration company. Managed by a team of experienced mining executives, the Group's business was privately funded from inception in 2000 until listing on the London AIM Market in April 2007. Minera IRL Limited is currently quoted on the Toronto Stock Exchange (TSX:IRL), AIM London (AIM:MIRL) and the BVL, Lima, Peru (BVL:MIRL) stock exchanges. The Group operates the Corihuarmi Gold Mine, is exploring the Ollachea Project, both of which are in Peru, and is also undertaking a feasibility study at the Don Nicolas gold project in Patagonia, Argentina.
Corihuarmi The Corihuarmi Gold Mine commenced production in March 2008 following 9 months of construction. The mine performed at above expected levels in 2008 with 51,691 fine ounces produced through the end of the December at a cash operating cost of US$161 per ounce. The capital cost of US$20 million, plus prior sunk cost of approximately US$7 million was recovered from ex-mine, pre-tax cash flow in 7 months. Corihuarmi Gold Mine continues to perform well and on schedule.
Don Nicolás Patagonia - Argentina
07/22/2010 Minera IRL would consider merger of equals Minera IRL, which trades on the Aim, TSX and BVL markets, could see a benefit in merging with a gold company of a similar size, executive chairperson Courtney Chamberlain said on Thursday View Note
07/21/2010 Minera IRL Limited Notice of Annual General Meeting Minera IRL Limited announces the Notice of Annual General Meeting (AGM) to be held at 11a.m. on 12 August 2010. View Note
07/21/2010 Minera IRL Develops Strength In Depth In The Business Of Mining And Exploration In South America If ever there was an advertisement for the success of the model for junior miners favoured by the London investment community, then Minera IRL is surely it. View Note
07/14/2010 Minera IRL Limited - Corihuarmi Gold Mine Production June Quarter, 2010 Minera IRL Limited announces production results from its Corihuarmi Gold Mine for the quarter ending June 2010. View Note
07/14/2010 Minera IRL Completes US$3.8 million Ollachea Payment to Rio Tinto Minera IRL Limited announces that, pursuant to the Company’s Ollachea option agreement (the “Agreement”) with Rio Tinto Mining & Exploration SAC. (“Rio Tinto”), on 13 July 2010 its subsidiary, Minera Kuri Kullu SA (MKK), completed a significant payment obligation to Rio Tinto under the Agreement. View Note
07/13/2010 Minera IRL Announces Acquisition Option on the Killincho Gold Project in Southern Peru Minera IRL Limited announces it has entered into option agreements (the “Agreements”) to purchase the Killincho Gold Exploration Project from Ingenieria y Tecnologia Minero-Metalurgica SA (“ITMM”). View Note
07/12/2010 Minera IRL Ollachea Pre-feasibility Study Update Minera IRL Limited is pleased to announce progress on its Ollachea Gold Project, Peru. View Note
07/05/2010 Results from Bethania Gold-Copper Porphyry Project Minera IRL Limited announces an update on the Phase 1 exploration at its Bethania Gold-Copper Porphyry Project, Peru. Minera IRL SA has the option to earn 100% ownership in this project. View Note
07/02/2010 Minera IRL Announces Grant of Options Minera IRL Limited announces that a total of 50,000 options over ordinary shares of nil par value in the Company ('Options') have today been granted to Mr. Napoleon Valdez, non-executive director. View Note
07/01/2010 Minera IRL Announces Issue of New Ordinary Shares to AIM Minera IRL Limited notifies that further to its Minera IRL announcement of 28 June 2010, the Company announces that the 1,111,111 new ordinary shares will be admitted to trading on AIM today, 1 July 2010. View Note