Copperstone Air Photo showing Target Zones & Development
| ||December 12, 2003|
American Bonanza Updates Website
| ||AMERICAN BONANZA GOLD MINING CORP. ("Bonanza") wishes to advise that it has updated the content on its Website: www.americanbonanza.com. |
Additionally, Bonanza wishes to report that it has received $1.8 million in warrant exercises since the closing of its previously announced equity financings totaling $11 million on October 23, 2003. Bonanza currently has no debt and approximately $13.5 million in cash. Bonanza' s current cash balance will allow Bonanza to advance the Copperstone project toward pre-feasibility and significantly increase Bonanza's ability to define additional gold resources and convert resources to reserves.
Bonanza is engaged in the acquisition, exploration and development of high-grade gold properties in Nevada and Arizona.
AMERICAN BONANZA GOLD MINING CORP.
(signed) Brian Kirwin, President and Chief Executive Officer
FOR FURTHER INFORMATION PLEASE CONTACT:
American Bonanza Gold Mining Corp.
Giulio T. Bonifacio
Executive Vice President and Chief Financial Officer
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.
You can view the Next News Releases item: Tue Dec 16, 2003, American Bonanza Resumes Drilling at the Gold Bar Property in Nevada
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