Dec 17 (Reuters) - Core Gold Inc CGLD.V :
* CORE GOLD PROVIDES UPDATE ON ITS STRATEGIC PROCESS
* CORE GOLD INC - IN STRATEGIC PROCESS, 65 PARTIES WERE CONTACTED BY CORE GOLD, OF WHICH 49 RESPONDED AND 17 ENTERED INTO CONFIDENTIALITY AGREEMENTS
* CORE GOLD INC - TITAN MINERALS DID NOT SIGN A CONFIDENTIALITY AGREEMENT OR PARTICIPATE IN STRATEGIC PROCESS
* CORE GOLD INC - 5 NON-BINDING CONFIDENTIAL PROPOSALS WERE MADE TO CORE GOLD
* CORE GOLD INC - FINAL NON-BINDING PROPOSAL WAS MADE BY A SENIOR PRODUCING GOLD COMPANY WITH A MARKET CAPITALIZATION IN EXCESS OF US$4 BILLION
* CORE GOLD INC - NON-BINDING PROPOSAL HAS BEEN SUBJECT TO SIGNIFICANT AND LENGTHY NEGOTIATIONS
* CORE GOLD INC - BOARD HAS DETERMINED NOT TO ACCEPT INTERESTED PARTY'S STATED LAST AND FINAL OFFER
* CORE GOLD INC - BOARD IS ASSESSING ITS RESPONSE TO TITAN INCREASED OFFER