Geovic Mining Corp. (GVCM.OB) Acquires Permits for Gold Exploration in Arizona’s Whetstone Mountain Range
Geovic Mining, www.geovic.net – the exploration and development company whose primary operation concerns a 60.5% ownership in a major cobalt-nickel-manganese deposit in the Africa’s Republic of Cameroon, reported the acquisition today of 71 exploration permits in Arizona’s Whetstone Mountains. Located in the northwest region of the Whetstone range, Pima/Cochise Counties to be exact, the permits sit on a 66.5 sq mile area which was identified during a recent (2009-2010) sampling program as bearing extensive surface gold mineralization along a nine-mile trend. Indications provided by analysis of the extant data paint a clear picture of regional detachment faults, hosting what appears…