-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, IhP55UY2H3wq5EnVZZlTP7ouWD3BmS3rZmerTpSDWQIWv4ahbBESPSGv/J/A0RE9 GvEeHnbNH3b8Il2gePlP9w== 0001014909-07-000065.txt : 20070803 0001014909-07-000065.hdr.sgml : 20070803 20070803160544 ACCESSION NUMBER: 0001014909-07-000065 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20070731 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20070803 DATE AS OF CHANGE: 20070803 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FISCHER WATT GOLD CO INC CENTRAL INDEX KEY: 0000844788 STANDARD INDUSTRIAL CLASSIFICATION: GOLD & SILVER ORES [1040] IRS NUMBER: 880227654 STATE OF INCORPORATION: NV FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-17386 FILM NUMBER: 071024162 BUSINESS ADDRESS: STREET 1: 2582 TAFT COURT CITY: LAKEWOOD STATE: CO ZIP: 80215 BUSINESS PHONE: 3032320292 MAIL ADDRESS: STREET 1: 2582 TAFT COURT CITY: LAKEWOOD STATE: CO ZIP: 80215 FORMER COMPANY: FORMER CONFORMED NAME: FISCHER WATT GOLD CO INC DATE OF NAME CHANGE: 19991025 FORMER COMPANY: FORMER CONFORMED NAME: FISCHER WATT GOLD CO INC DATE OF NAME CHANGE: 19920703 8-K 1 f8k_31july2007.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of Earliest Event Reported): July 31, 2007 Fischer-Watt Gold Company, Inc. -------------------------------------------------- (Exact Name of Registrant as Specified in Charter) Nevada 0-22515 88-0227654 - ----------------- ------------ ------------------- (State or other (Commission (IRS Employer jurisdiction File Number) Identification #) of incorporation) 2582 Taft Court Lakewood, CO 80215 --------------------------------------- (Address of Principal Executive Office) (303) 232-0292 ---------------------------------------------------- (Registrant's telephone number, including area code) N/A ----------------------------------------------------------- Former Name or Former Address, if Changed Since Last Report Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Item 8.01 Other Events. - --------- ------------ On January 25, 2007, Fischer-Watt Gold Company, Inc. (the "Company") entered into a Stock Purchase Agreement (the "Agreement") among the Company, Rogue River Resources Corp. ("Rogue River") and Minera Montoro, S.A. De C.V., the Company's Mexican subsidiary ("Minera Montoro"), and completed the first tranche of the sale of its 65% ownership interest in Minera Montoro to Rogue River. (See Form 8-K, and Exhibit 10.1 and Exhibit 99.1 filed February 1, 2007). On April 11, 2007, the Company issued a press release announcing that it had completed the second tranche of the three tranche sale of its ownership interest in Minera Montoro to Rogue River. The Company received $745,000 from Rogue River for 31% of its share ownership in Minera Montoro. (See Form 8-K, and Exhibit 99.1 filed April 13, 2007.) On July 31, 2007, the Company issued a press release announcing that it had recently completed the sale of its 65% ownership in its Minera Montoro, with the receipt of $745,000 from Rogue River for the third and final tranche of shares in Minera Montoro. The Company retains a 1% net smelter returns royalty on production from the porphyry portion of Minera Montoro's La Balsa copper deposit in Michoacan, Mexico. A copy of the press release is included herewith as Exhibit 99.1. Item 9.01 Financial Statements and Exhibits. - --------- --------------------------------- (c) Exhibits. Exhibit Number Description -------------- ----------- 99.1 Press Release, dated July 31, 2007, announcing completion of the third and final tranche of Mexican asset sale. 2 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. FISHER-WATT GOLD COMPANY, INC. By: /s/ Peter Bojtos -------------------------------------- Peter Bojtos, Chief Executive Officer August 3, 2007 3 EXHIBIT INDEX Exhibit Number Description - -------------- ----------- 99.1 Press Release, dated July 31, 2007, announcing completion of the third and final tranche of Mexican asset sale. 4 EX-99 2 exh99_1pressrel31july2007.txt EXHIBIT 99.1 P R E S S R E L E A S E 2582 Taft Court, Lakewood, Colorado 80215, USA PH:(303) 232-0292 FAX:(303) 232-0399 Fischer-Watt Gold Company, Inc. Fischer-Watt Encouraged by Cruce Gold Survey DENVER, CO--(MARKET WIRE)--Jul 31, 2007 -- Fischer-Watt Gold Company, Inc. (OTC BB:FWGO.OB - News) has completed its first, limited, soil and rock-chip geochemical survey on its Cruce Gold property in Pinal County, Arizona and has located a strong and open gold anomaly. The results, along with geological mapping, support the theory that stockwork-type gold mineralization has developed within a highly altered intrusive rock unit now exposed at the surface. This could lend itself to the discovery of a broad area of lower grade gold mineralization amenable to open-pit mining. In addition, evidence has also been found of the possible existence of higher-grade veins that could represent the feeder system to the stockworks. ADVERTISEMENT Our first pass survey, along with geological mapping, covered an area of about 1,000 x 1,500 meters. Over two hundred samples were taken at approximately 20 meter intervals on a sampling grid with 40 meter line spacing. The located gold anomaly contains two parallel mineralized zones trending north-northwest and dipping gently to the east, which are referred to as the East and West Anomalies. Both these zones extend beyond the limits of the present survey grid. Sampling on the west side of the grid identified the West Anomaly over a 75 meter width and 250 meter length as a greater than 500 parts-per-billion (ppb) gold-in-soil anomaly with one analysis at 2405 ppb. A hole in the center of this area, designated as CR-4 and drilled by Freeport Gold Inc. in the early 1990s, reportedly encountered mineralization grading 0.032 ounces of gold per ton from surface to a depth of 60 feet. On the east side of the grid the East Anomaly, lying immediately adjacent to the Hot Boy shaft, was identified as extending for over 100 meters with several gold-in-soil analyses grading in the 1000 to 1650 ppb range. Two historical holes drilled some distance to the east intersected gold mineralization near surface, indicating that the surface anomaly dips gently to the east. Two notable rock-chip samples assayed at 0.455 and 0.223 ounces of gold per ton. Follow-up work at these localities is designed to identify potential high-grade vein systems that acted as feeders into the diffuse lower grade mineralization now seen on surface. The entire Cruce property covers an area of about 1,200 acres of both State and BLM mineral claims. Fischer-Watt has 100% ownership subject to a 2% net smelter return royalty on production. Gold mineralization on the property is hosted within faulted blocks in well-altered granitic rocks. Fischer-Watt's work to date has been focused in the center of the area around the historical Hot Boy shaft and adits where some mining had been carried out prior to the 1950s. The dominant host lithology for gold mineralization in this area is a pervasively sericite/chlorite altered, tectonically shattered, thick sequence of intrusive rocks dipping gently to the east. This rock unit is cut by numerous shears and faults striking in all directions but with a dominant north-northwest orientation. Elevated gold values are found where quartz veins and veinlets along with matrix silica flooding have pervaded the host rocks. This mineralization is exposed on the ground surface. The project has no reserves at present and there is no assurance that the project will advance from its present exploration stage. Exploration is continuing with further geochemical surveys and geological mapping in order to complete the assessment of the property prior to designing a short-hole, close-spaced, systematic drilling program in the anomalous areas. Sale of Mexican Asset Fischer-Watt recently completed the sale of its 65% ownership in its Mexican subsidiary, Minera Montoro S.A. de C.V., with the receipt of $745,000 from Rogue River Resources Ltd. for the third and final tranche of shares in Montoro. Fischer-Watt retains a 1% net smelter returns royalty on production from the porphyry portion of Montoro's La Balsa copper deposit in Michoacan, Mexico. Statements in this release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Readers are cautioned that any such statements are not guarantees of future performance and that actual developments or results may vary materially from those projected in the forward-looking statements. Contact: For further information please contact: Mr. Peter Bojtos P.Eng. President and Chief Executive Officer Fischer-Watt Gold Company, Inc. (303) 232-0292 Email: Email Contact Fischer-Watt Gold Company, Inc. 2582 Taft Court Lakewood, Colorado 80215, USA PH:(303) 232-0292 FAX:(303) 232-0399 -----END PRIVACY-ENHANCED MESSAGE-----