RSS UpdatesCompany Information for G4G Resources Ltd
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Company Statement
G4G Resources Ltd. is a Canadian-based company with projects in iron ore, alternative fuels and a focus on geothermal energy develpment. Building strategic partnerships is key to the company’s development.
GEOTHERMAL ENERGY
In accordance with the company's primary focus in developing geothermal power projects, G4G has entered into acquisition and exploration agreements to acquire 100% of the Anetta, Valle del Cura, Tuzgle and Tocomar geothermal property located in Salta, Jujuy, and San Juan provinces of Argentina.
ALTERNATIVE FUELS
Alternative fuels is another key area of development, with G4G having an MOU with University of Witwatersrand, Johannesburg (“Wits”) to commercialize the syngas to liquids production process that has been developed by Wits’ Centre of Materials and Process Synthesis (COMPS). The process is a new generation application of Fischer Tropsch technology. This initiative is being developed by Alternative Fuels Corporation, a wholly owned subsidiary of G4G.
PORT ALBERNI, CANADA
G4G holds minerals properties near Port Alberni, Vancouver Island. Previous exploration, including diamond drilling and geophysics, has identified Cu, Au, Ag and Mo mineralisation.
Current Operations
Argentina
G4G has entered into an agreement to acquire 100% of the Anetta geothermal property located in Salta Province, Argentina, from Area Geofisica ENG s.a. In addition, G4G has entered into an exploration contract with Grupo Minero Aconcagua and Andean Geothermal Power Corporation, giving G4G the option to purchase the Valle del Cura, Tuzgle and Tocomar geothermal properties in Jujuy, Salta and San Juan provinces of Argentina. The geothermal properties' total 51,945 hectares, with a pending application for an increase of 18,732 hectares in the Anetta property, gives G4G the potential to develop three power projects in four geothermal fields in Argentina.
Port Alberni, Canada
G4G Resources Ltd. holds mineral properties near Port Alberni on Vancouver Island, Canada. Previous work on Macktush identified considerable alteration and anomalous Cu, Au, Ag and Mo values in the quartz veins. Geophysical surveys have identified magnetic and gravity anomalies throughout the area. This data, together with geological data from previous drilling, will be utilised to identify specific drill targets. The most prospective drill target is the Rex zone. A strong magnetic signature was recorded and elevated Cu, Au and Ag were found in surface samples. The first stage will be comprehensive structural mapping and sampling, followed by diamond drilling.
Alternative Fuels Corporation
Alternative Fuels Corporation (AFC), a wholly owned subsidiary of G4G Resources Ltd., is focused on the production of ultra-clean transportation fuels using the Fischer Tropsch process. G4G’s technology partner is the University of Witwatersrand, Johannesburg, South Africa (Wits). G4G and Wits are working together to form a joint venture company which will commercialize the syngas to liquids production process that has been developed by the Centre of Materials and Process Synthesis (COMPS) situated at Wits.
Under the agreement between AFC and Wits, the parties will work together to secure natural gas, coal, biomass and municipal waste assets, and then produce liquid fuels utilising the COMPS technology. COMPS has developed demonstration and pilot plants in Australia and China. The Wits-COMPS scientists who are among the most accomplished in the world in the field Gas-To-Liquids technology.
In many countries there is governmental concern over self sustainability of liquid fuels. As a result, there is increasing worldwide interest in technology that will produce fuels that are more environmentally friendly and reduce the dependence on oil. The agreement with Wits presents G4G with a unique opportunity to produce ultra-clean liquid transportation fuel like diesel, jet fuel and gasoline.
The COMPS technology is a new generation of the Fischer Tropsch technology. It can be applied to Gas-To-Liquid (GTL), Coal-To-Liquid (CTL) as well as Biomass-To-Liquid (BTL), which includes municipal waste. The technology offers reduced CO2 emissions, reduced capital and operating costs, as well as simplicity of operation and ease of scalability and is sufficiently environmentally friendly to earn carbon credits. Another advantage of this technology over conventional technologies is the modularity of the design. Smaller production units can be put up in a much shorter period of time with just a fraction of the total investment costs to start generating return on the investment once the first module is operational. The fuels produced are cleaner burning as they contain no sulphur, no particulate matter, no aromatics and no nitrous compounds.
Geographical Spread
Argentina, Canada, South Africa
Board of Directors and Key Management
| Basil Botha | President & CEO, Director |
| Peter Arendt, P.Eng | Chief Operating Officer, Director |
| Peter Pollard, PhD | Director |
| Paul McNaughton | Director |
Company AddressSuite 658, United Kingdom Building, 409 Granville Street
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CapitalShare structure as of June 30, 2010:
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Year End31 December |
Related News
11/05/10 - G4G Moves Into The World Of Iron Sands With The Acquisition Of A Huge Off-Shore Licence In Guatemala18/02/10 - G4G Will Soon Be In A Position To Offer Bespoke Geothermal Power Solutions To South American Miners
Most Recent Statement
27/08/10 - G4G Resources Provides Update on Guatemala Iron Sands06/08/10 - G4G Resources Provides Updates on Projects
30/06/10 - G4G Resources Ltd. Not Proceeding With Acquisition of Geothermal Projects
17/06/10 - G4G Resources Ltd. Amends Terms on Warrants
10/05/10 - G4G Resources and Iron Sands Americas Limited Receive Iron Sands Licence in Guatemala
05/05/10 - G4G Resources Appoints Raul Sanabria as Vice President Exploration