Rusoro Mining Ltd.
Rusoro Mining Ltd.

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Rusoro Mining News


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December 15, 2008
Rusoro Launches Take-Over Bid for Gold Reserve

Vancouver, Canada -- Rusoro Mining Ltd. (TSX-V:RML) ("Rusoro" or the "Company") today announced a take-over bid (the "Take-Over Bid") for Gold Reserve Inc. ("Gold Reserve", TSX:GRZ -- AMEX:GRZ). Rusoro is offering Gold Reserve shareholders and equity unit holders (collectively, the "Gold Reserve Equityholders") 3 Rusoro common shares for each Gold Reserve Class A common share and each Gold Reserve equity unit (collectively, the "Gold Reserve Equity"). The offer values Gold Reserve at C$1.08 per...
December 01, 2008
Rusoro Mining reports Q3 2008 financial results, record low cash costs of US$247 per ounce achieved from September 2008, Rusoro's first full month of gold production at the newly acquired Isidora Mine

Rusoro Mining Ltd. ("Rusoro" or the "Company"), is pleased to report its financial results for the quarter ended September 30, 2008 ("Q3"). The Company's Q3 consolidated financial statements and management's discussion and analysis (MD&A) for the three and nine months periods ended September 30, 2008 have been filed on SEDAR ( www.sedar.com ). All amounts set out in this news release and in the Company's financial sta...
November 03, 2008
Updated Resource Estimate for SREP and Days Vein - Expands Resource and significantly Increases Grade by up to 47%

Vancouver, Canada - The Company is very pleased to report that it has received an updated resource estimate for the San Rafael/El Placer Project (SREP) and the Days Vein, located in the El Dorado District in southeastern Venezuela. The project is 100% owned by Rusoro Mining Ltd, and is strategically located adjacent to the La Camorra Block, currently the subject of a 50/50 Joint Venture with the Venezuelan government. These independent NI 43-101 resource estimates have been prepared by the c...
September 05, 2008
Rusoro Completes Landmark Agreements with Venezuelan Government to Custom Mill Ore for Minerven and Officially Process Ore for the Isidora Mine JV

Vancouver, Canada -- Rusoro Mining is pleased to announce that it has formally completed landmark agreements with MIBAM to custom mill ore from various MINERVEN operations in the El Callao District and to officially begin processing the ore being developed at the Isidora Mine. ...
August 28, 2008
Rusoro Mining Reports Q2 2008 Financial Results

Rusoro Mining Ltd. ("Rusoro" or the "Company"), is pleased to report its financial results for the quarter ended June 30, 2008. The Company's Q2 consolidated financial statements and management's discussion and analysis (MD&A) for the three and six months periods ended June 30, 2008 have been filed on SEDAR ( ). All amounts set out in the Company's financial statements and MD&A are unaudited and in United States doll...
August 28, 2008
Rusoro Responds to Gold Reserve News Release

August 28th, 2008 Trading symbol (TSX-V): RML Vancouver, Canada - In response to the news release issued by Gold Reserve Inc. ("Gold Reserve") on Wednesday August 27, 2008, Rusoro Mining Ltd. ("Rusoro" or the "Company") would like to confirm that it tabled a non-binding expression of interest, which expired at 11:59 pm Vancouver time on Tuesday August 26, 2008. The Company further confirms that it has received a response from Gold Reserve dated August 26, 2008. Since its formation in 2006...
August 07, 2008
43-101 Report Filed For Isidora And Twin Shear Projects Acquired From Hecla Mining - Additional 482,000 Inferred Au Ounces Identified

Vancouver, Canada -- Rusoro Mining Ltd. is pleased to report that a 43-101 report prepared by independent consultants Micon International Ltd. for the Isidora and Twin Shear gold projects has been filed. Both projects were part of the assets acquired in the acquisition of Hecla Mining Company's Venezuelan assets. The total resources outlined in the report for Isidora confirmed the resources originally estimated by Rusoro with the Twin Shear estimation out performing all previous estimates by a...
July 10, 2008
Rusoro confirmed as Partner of Choice by Venezuelan Government - Acquisition of Hecla's Venezuelan Assets Closed

Vancouver, Canada -- Rusoro Mining Ltd. ("Rusoro") is pleased to announce that it has been selected as the partner of choice by the Venezuelan Government for gold mining opportunities in Venezuela. Rusoro is also pleased to confirm the Venezuelan Government's approval for the previously announced acquisition of Hecla Mining Company's Venezuelan assets. Rusoro has now comple...
July 08, 2008
Rusoro Reports Multiple High Grade Intercepts from Yuruan

Vancouver, Canada - Rusoro Mining Ltd., is pleased to provide the following update on drill results for the Yuruan Project located 40km south of the town of El Dorado in Bolivar State, Venezuela. The current status of the Company's exploration program on the Yuruan Project is as follows; ...
June 19, 2008
Rusoro continues Venezuelan Consolidation, Acquires Hecla's Venezuelan Assets

Vancouver, Canada - Rusoro Mining Ltd. ("Rusoro") is pleased to announce that it continues to implement its regional consolidation strategy with the acquisition of Hecla Mining Company's ("Hecla") Venezuelan assets which include the Block B - Isidora mining leases and the La Camorra mill facility in Bolivar State, southeastern Venezuela. Hecla's Venezuelan assets are being acquired for US$20 million in cash and 4,273,504 (US$5 million worth of) Rusoro shares. The Hecla-Venezuela acquisition is...
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