Investorideas.com newswire, commentary for mining sector

Thursday, December 29, 2011

Mining and Gold Stock Interview with President of Yale Resources (TSX-V: YLL) Discussing Operations for 2011 and Plans for 2012

POINT ROBERTS, December 29, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, including gold and mining stocks features an exclusive interview with Ian Foreman, P.Geo, President of Yale Resources Ltd. (TSX-V - YLL and Frankfurt - YAB). Ian discusses the Company results for 2011 and what the Company has planned for 2012.
Yale Interview
Q: Investorideas.com
Ian you recently issued a press release on the year end summary of 2011 operations. Can you give investors some of the key points?
A: Ian Foreman, P.Geo, .President
The key point is that 2011 was a tough year for the mining/exploration sector and in spite of that Yale came out of it smelling like a rose! We are surrounded by companies that had to do large dilutive financings to survive and Yale's business model protected it from doing so. In fact, if you add up Yale's current short term investments, revenue from all sources and exploration funded by our optionees, Yale would have had to issue in the order of 26 million shares through financings! A 30% dilution in the fully diluted capital of the Company that did not happen!!
Q: Investorideas.com
Using the expression "put your money where your mouth is", I see from Sedi.ca that you recently purchased 750,000 shares in Yale?
A: Ian Foreman, P.Geo, .President
Yes, that is correct; I recently bought another 750,000 shares in Yale as I feel very strongly about the long term success of the Company.
Q: Investorideas.com
The Company still has a significant portfolio of properties. What properties will be a priority in 2012 and why?
A: Ian Foreman, P.Geo, .President
We are planning for a minimum of three large programs in the first half of 2012. Los Amoles has grown from an early stage (generated) prospect to a project that should receive some drilling. Orofino will also receive a couple of hundred thousand dollars of exploration. However, the biggest program that we are planning for is at Urique - our optionee, Mammoth Resources, has just started trading - literally today - and they are planning a significant exploration campaign at Urique. There are some legal issues that have to be sorted out at Guadalupe, but our optionee on that property is responsible for the funding there and finally, we will have some results coming out early in the New Year from our drilling at Dos Naciones, which will dictate the scope of ongoing work there.
All in all, we are preparing for a very busy first 6 months of 2012 - should be exciting!
Q : Investorideas.com
Do you plan on looking at new properties for 2012?
A: Ian Foreman, P.Geo, .President
We are always looking at new properties. What the public doesn't necessarily know is that we are always evaluating properties and making offers or trying to acquire new projects. We evaluated a large number of properties in 2011 but didn't find any that fit our strict criterion.
With luck we'll be able to bring a couple more properties into Yale in 2012. I didn't want to have too large a number of available properties 'in inventory', so now that we have two more projects optioned out, it makes sense for us to bring more properties into the company.
Q: Investorideas.com
What would you say was your biggest obstacle in 2011 and has the Company overcome it?
A: Ian Foreman, P.Geo, .President
I think that our biggest obstacle in 2011 was difficult financial conditions combined with share holder apathy. I feel that Yale was punished in the market and not fairly so. I have always been careful about setting expectations and I have always been careful to state realistic goals and objectives for our shareholders. I also have a very good track record for accomplishing those.
There was a time, in September I believe, where there were rumours spreading that Yale was 'going out of business or bankrupt' and that obviously proved false. There was a fund that decided to sell approximately 3 million shares in the market and we were able to arrange sufficient buying to absorb that, however, that may have created a sense of "the sky is falling" and all the "Chicken Littles" out there panicked.
I stated in a previous interview that Yale is stronger today than last week and stronger last week than a couple of months ago. This is a 'growth story' and we are building upon our successes. In my opinion, there is no reason that Yale should be trading at these low levels, but sadly, I don't get to set the value of our stock. Again, this is the reason I purchased an additional 750,000 shares.
Q: Investorideas.com
Why do you think some of the junior mining stocks did not really get to participate in the physical gold rally in 2011?
A: Ian Foreman, P.Geo, .President
Well, there are a lot of pundits who look at the markets for a living so I won't go into details. However, I can comment on that from a Yale perspective - it seems that there just wasn't enough confidence in what investors were reading/hearing as there is a general 'been there, done that, got burned' mentality. You can only hear so much regarding the decoupling of the dollar/gold relationship and the 'PIGS' in Europe and the prospect of a depression and the slowing of the Chinese economy and continued strife in American politics before one gets burned out…
I am very enthusiastic to bring in the New Year. With luck, the year will get started off as 2011 did but the rally will last longer!!
More info onYale Resources Ltd. (TSX-V - YLL. OTCBB - YRLLF and Frankfurt - YAB)
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About Yale Resources:
Yale Resources utilizes the project generator business model to maximize its exposure to discovery while minimizing shareholder risk. Yale currently has eight projects in its portfolio of which five are optioned out with commitments totaling approximately $1.3 M in expenditures during the next 12 months.
Contact
Ian Foreman
info@yaleresources.com
www.yaleresources.com
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Friday, December 23, 2011

Mining Stocks; YALE (TSX-V: YLL) Summarizes Difficult 2011 and Looks Forward to 2012

VANCOUVER, British Columbia - December 23, 2011 (Investorideas.com Mining stocks Newswire) - Yale Resources Ltd. (TSX-V: YLL and Frankfurt: YAB) (Pink Sheets: YRLLF.pk) is pleased to provide a summary of its finances in 2011 and give an overview of its plans for 2012.
In calendar year 2011 Yale generated modest revenue of approximately $193,000 as a result of cash payments and management fees from optionees, sale of shares in optionees, oil and gas revenue, and consulting for third party companies. In addition, current free trading, saleable, shares amount to approximately $227,000 as of Dec. 22.
"The combination of revenue, current liquid assets and exploration expenditures funded by our optionees amounts to the equivalent of approximately 26,500,000 shares, on a fully diluted basis, in financings at $0.05 that Yale would have been required to add to the capital of the Company � a 30 % dilution in the Company that didn�t happen � thus showing the true value of our business model," stated Ian Foreman, P.Geo., president of Yale Resources. "This has been a difficult year but not only did we survive, we were able to expand our operations in Mexico and build on our business model by finding additional value-added optionees for our projects."
Moving forward in 2012, the Company anticipates large optionee-funded work programs on at least three projects with Yale as the current operator on each of those projects. In advance of these projects the Company is adding to its Mexican work force. In addition, the Company will continue to review opportunities to add to its portfolio of projects as well as seek additional optionees for its 3 un-optioned properties.
About Yale Resources:
Yale Resources utilizes the project generator business model to maximize its exposure to discovery while minimizing shareholder risk. Yale currently has eight projects in its portfolio of which five are optioned out with commitments totalling approximately $1.3 M in expenditures during the next 12 months.
On behalf of the Board,
"Ian Foreman"
Ian Foreman, P.Geo.
President
For additional information on Yale Resources please call the Company at 604-678-2531.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Statements in this press release, other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.
Contact:
Yale Resources Ltd.
Ian Foreman
604-678-2531
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Disclosure, Disclaimer/ Investorideas.com is paid by YLL to publish news and distribute content through Investordeas.com Newswire and its syndicated partners and blogs (five hundred per month)

Wednesday, December 21, 2011

Gold and Mining Stocks; YALE (TSX-V: YLL) TERMINATES AGREEMENT FOR CAROL PROPERTY

VANCOUVER - December 21, 2011 (Investorideas.com Mining stocks Newswire) - Yale Resources Ltd. (TSX-V: YLL and Frankfurt: YAB) (Pink Sheets: YRLLF.pk) has terminated the option agreement for the Carol Property with El Condor Resources Inc. (LCO.V) as certain financial milestones in the agreement were not met.
As a result of not completing the obligations, the property remains 100% owned by Yale. The Company will re-compile the data for the Carol Property and look for a new optionee for the property in the New Year.
Corporate Update:
The Company wishes to report the resignation of Luca Riccio as director. Dr. Riccio was a director of the Company since 2003 and has decided to pursue other opportunities. The Company would like to thank Dr. Riccio for his years of service as he was instrumental in helping Yale during its initial exploration campaigns in Mexico.
About Yale Resources:
Yale Resources utilizes the project generator business model to maximize its exposure to discovery while minimizing shareholder risk. Yale currently has nine projects in its portfolio of which five are optioned out with commitments totalling approximately $1.3 M in expenditures during the next 12 months. At the same time Yale continues to work on its non-optioned properties as well as reviewing new projects.
Ian Foreman, P.Geo, is the Qualified Person, according to National Instrument 43-101, for the Dos Naciones Property and is responsible for the technical data mentioned in this news release.
All of the samples mentioned in this release were prepared and analyzed by ALS Chemex at their labs in Hermosillo and Vancouver and generally consisted of 2-4 kg of material. Gold analyses were performed by 30 gram fire assay with an AA finish. Silver and base metals were analyzed as part of a multi-element ICP package using an aqua regia digestion; samples with more than 100 g/t silver, 1% copper and/or 1% zinc (over limit) were re-analyzed using ALS Chemex's 'ore grade' detection limits.
On behalf of the Board,
"Ian Foreman"
Ian Foreman, P.Geo.
President
For additional information on Yale Resources please call the Company at 604-678-2531.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Statements in this press release, other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.
Contact:
Yale Resources Ltd.
Ian Foreman
604-678-2531
Visit the YLL showcase profile at Investorideas.com
Request News and Info on YLL
Disclosure, Disclaimer/ Investorideas.com is paid by YLL to publish news and distribute content through Investordeas.com Newswire and its syndicated partners and blogs (five hundred per month)

Thursday, December 08, 2011

Mining Stocks; YALE (TSX-V: YLL) Provides Update on Mexican Activities

VANCOUVER - December 8, 2011 (Investorideas.com Mining stocks Newswire) - Yale Resources Ltd. (TSX-V: YLL and Frankfurt: YAB) (Pink Sheets: YRLLF.pk) is pleased to provide an update on its on-going exploration activities in Mexico.
Sonora Resources Ltd. has committed to the second year of the option for the Los Amoles silver property and Yale has received an additional 200,000 shares of Sonora Resources. The second year�s commitment at Los Amoles is US $300,000 in expenditures. A work program that will concentrate on sampling a number of the main underground workings in order to trace the continuation of the silver rich veins to depth is currently underway. This is an important step to define the potential for the veins in advance of a drill program expected in 2012.
Work is also underway at the Urique gold/silver property where confirmation sampling and mapping is being conducted in anticipation of additional work to be undertaken in 2012.
Drilling at the Dos Naciones copper/silver/gold property has concluded. It was successful in confirming the high potential for multiple skarn targets. The work was done on behalf of optionee Del Toro Silver Corp. Drilling in the strongly altered and fractured ground proved very difficult and each of the three holes was terminated before reaching the target depth due to technical reasons. Interesting visual oxide and sulphide mineralization was encountered in all three shortened holes and 38 core samples were collected. As a result, Yale will be recommending additional drilling with a larger, more powerful drill.
Field work at Dos Naciones was successful in identifying several previously unknown historic workings � one below the La Espanola target where the first two holes were drilled and one to the east of the Dos Naciones target where the third hole was drilled. A total of 46 samples were taken from these previously unsampled underground workings. Surface and core samples have been sent to Inspectorate Labs and results will be reported when received.
About Yale Resources:
Yale Resources utilizes the project generator business model to maximize its exposure to discovery while minimizing shareholder risk. Yale currently has nine projects in its portfolio of which five are optioned out with commitments totalling approximately $1.3 M in expenditures during the next 12 months. At the same time Yale continues to work on its non-optioned properties as well as reviewing new projects.
Ian Foreman, P.Geo, is the Qualified Person, according to National Instrument 43-101, for the Dos Naciones Property and is responsible for the technical data mentioned in this news release.
All of the samples mentioned in this release were prepared and analyzed by ALS Chemex at their labs in Hermosillo and Vancouver and generally consisted of 2-4 kg of material. Gold analyses were performed by 30 gram fire assay with an AA finish. Silver and base metals were analyzed as part of a multi-element ICP package using an aqua regia digestion; samples with more than 100 g/t silver, 1% copper and/or 1% zinc (over limit) were re-analyzed using ALS Chemex's 'ore grade' detection limits.
On behalf of the Board,
"Ian Foreman"
Ian Foreman, P.Geo.
President
For additional information on Yale Resources please call the Company at 604-678-2531.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Statements in this press release, other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.
Contact:
Yale Resources Ltd.
Ian Foreman
604-678-2531
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Disclosure, Disclaimer/ YLL is a paid advertising client on Investorideas.com and our mining portals.

Wednesday, December 07, 2011

Gold and Mining Stocks; Gold Bullion (TSX-V: GBB) announces additional positive drill data

VANCOUVER - December 7, 2011 (Investorideas.com Mining stocks Newswire) - Gold Bullion Development Corp. (TSXV: GBB, OTC PINK: GBBFF) ("Gold Bullion" or the "Company") is pleased to announce additional drill results from a number of holes throughout the mineralized area of the Granada Gold Property. The subject property is located along the Cadillac trend in North-western Quebec, 5 km south of the city of Rouyn-Noranda. Nearly 80 kilometres, (78,414 metres) have been drilled since December 2009 and in the process, Gold Bullion has confirmed extensive mineralization on the Granada Property
To date, the mineralized area extends approximately 1500 metres east-west along strike and roughly 750 metres north-south. The mineralized area does not include data from historical drilling. High grade gold intersections continues to be discovered as evidenced by 207.27g/t gold over 0.75m (by Screen Metallics) near the surface and 63.5g/t gold over 1.0 metre (by Screen Metallics). Highlight of these subject holes follows:
  • 182.95 metres grading 1.11 g/t Au in hole GR-11-271 including 0.75 metres grading 207.27 g/t Au at only 24.55 metres (22.1 metres vertical) depth and 1.0 metre grading 13.71 g/t Au at 71.5 metres (64.3 metres vertical) depth
  • 247.5 metres grading 0.47 g/t Au in hole GR-11-199 including 1.0 metre grading 63.5 g/t Au at 60.0 metres (53.5 metres vertical) depth and 16.25 metres grading 1.86 g/t Au at 129.75 metres (115.6 metres vertical) depth
Additional substantive drill data is included in a table format below.
Investorideas.com Newswire Investorideas.com Newswire   Investorideas.com Newswire Just one of the 20 drill holes, Hole (GR-11-282), did not intersect significant mineralization and was therefore omitted from the above table. The widths reported in the preceding table are drill widths. "True" widths are unknown at this time. All assays are uncut, length-weighted average values.
Core analysis from the above holes was conducted by ALS Chemex Labs in Val d'Or, Quebec, and the Accurassay Laboratory in Timmins, Ontario. Gold was assayed by fire assay with additional metallics analysis done on samples where visible gold was identifiable. Quality control was further enhanced by the insertion of blind certified standard reference material and blanks into the sample stream at regular intervals by logging personnel to ensure an independent assessment and analytical accuracy.
About Gold Bullion Development Corp.
Gold Bullion Development Corp. is a TSX Venture-listed junior natural resource company focusing on the exploration and development of its Granada Property near Rouyn-Noranda, Qu�bec, and its Castle Silver Mine in Gowganda, Ontario.
Additional information on the Company's Granada gold property is available by visiting their website at www.GoldBullionDevelopmentCorp.com and on SEDAR.com.
SGS independent Qualifying Person, Claude Duplessis, Ing. is responsible for the preparation of the resource estimate program within the meaning of National Instrument 43-101. Mr. Duplessis has verified and approved the data disclosed in this release including the sampling procedure, analytical and test data underlying the information.
About SGS
The SGS Group is the global leader and innovator in inspection, verification, testing and certification services. Founded in 1878, SGS is recognised as the global benchmark in quality and integrity. With more than 67'000 employees, SGS operates a network of over 1'250 offices and laboratories around the world.
"Frank J. Basa"
Frank J. Basa, P.Eng. President and Chief Executive Officer
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
Contacts
Frank J. Basa
P.Eng.
President and CEO: 1-416-625-2342
Roger Thomas
Director: 1-613-292-2438
Progressive Investor Relations (Canada) Tel (604) 689-2881 or email info@progressive-ir.com
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Wednesday, November 30, 2011

Tuesday's TSX Trading Leaders: (TSX:BBD.B), (TSX:ML), (TSX:CM), (TSX:FBK)

November 30, 2011 - Investorideas.com, a leader in sector research for independent investors issues a trading alert for TSX trading leaders for November 29, 2011. The Standard & Poor's/TSX Composite Index gained for the second consecutive day and added 92.29 (0.79%) to close the day at 11,732.50.
Bombardier, Inc. (TSX:BBD.B) was the top traded stock on the TSX, ending lower by 0.12 (-3.15%) to close at C$3.69 with more than 7.81 million shares exchanged hands, compared to its average volume of 7.75 million shares following The bankruptcy protection filing by American Airlines' parent company Tuesday. However, analysts believe that this won't affect Bombardier Inc.
Cline Mining Corp. (TSX: CMK) fell 0.12 (-7.19%) to end at C$1.55 on over 5.73 million shares, compared to its 30-day average volume of 3.23 million shares, extending its weekly loss of over 13%. The stock has a 52-week range of $0.99-$5.04.
Mercator Minerals, Ltd. (TSX:ML) surged 0.15 (9.80%) to finish at C$1.68 on over 4 million shares, compared to its average volume of 2.49 million as prices of crude oil jumped over 2%. Mercator Minerals Ltd. is a natural resource company engaged in the mining, development and exploration of its mineral properties in Arizona, in the United States of America and Mexico.
Fibrek Inc. (TSX:FBK) shares soared 0.230 (31.94%) to close the day at C$0.950 on over 5 million shares after the micro cap miner reported additional gold and silver intercepts on its 100% owned Burns Block property in the Rainy River District of northwestern Ontario, which included 30 metres grading 12.98 grams per tonne (g/t) gold.
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Wednesday, November 23, 2011

TSX Stocks to Watch; Tuesday's Trading Leaders: (TSX: ELR), (TSX: ORA), (TSX: K), (TSX: SU)

Mining and Energy Stocks Take the Lead in Tuesday's Trading


November 23, 2011 - Investorideas.com, a leader in sector research for independent investors issues a trading alert for TSX trading leaders for November 22, 2011. The Standard & Poor's/TSX Composite Index jumped 10.47 (0.09%) to close the day at 11,795.19, as US markets closed down.
Eastern Platinum Ltd. (TSX: ELR) was the top trader on TSX and ended lower by 0.060 (-9.84%) to close at C$0.550 after hitting a new 52-week low of $0.53 earlier in the session. Eastern Platinum is a platinum group metals producer with properties located in South Africa.
Aura Minerals Inc. (TSX: ORA) ended higher by 0.04 (3.45%) to close at C$1.20 on over 9.60 million shares, compared to its 30-day average volume of 1.06 million shares. Last week, the company announced financial and operating results for the third quarter of 2011.
Kinross Gold Corporation (TSX: K) surged 0.75 (5.83%) to end at C$13.62 on over 8.19 million shares, compared to its average volume of 10K shares. The stock also made a new 52-week high of $13.65.
Suncor Energy Inc. (TSX: SU) shares slid 0.52 (-1.68%) to close the day at C$30.42 on over 5.34 million shares on no major news. Canadian oil-and-gas giant Suncor has started sending a few people to Libya's capital for meetings as part of a post-war "re-entry plan."
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BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
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Tuesday, November 22, 2011

Silver Buffs: An Investor Snapshot for SilverCrest Mines (TSX-V: SVL, OTCQX: STVZF)

November 22, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors issues releases the following mining company snapshot for silver stock, SilverCrest Mines (TSX-V: SVL ,OTCQX: STVZF), featuring expert commentary, recent news, videos and a summary of 2011 milestones and achievements.
SilverCrest Mines announced last Monday it had identified a large bulk tonnage target at La Joya; Hole 17, intercepting 205.2m Grading 92.7 gpt silver equivalent. Investors reacted sharply to the news and recognized the potential at La Joya; the stock had a record trading week.
For investors following gold and silver stocks, Eric Sprott of Sprott Asset Management says, "Silver is the investment of this decade!" .
According to the Silver Institute, a report prepared by Thomson Reuters GFMS states: "The forecasts for world silver investment will reach a record high total of $10 billion in 2011, representing a 66 percent increase over the $6 billion posted in 2010."
Investors continue to turn to precious metals as a safe haven as the Euro- zone debt crisis makes headlines . A recent quote from Eric Sprott supports investor sentiment ,"The ultimate destiny for gold and silver is that people will prefer to own those investments rather than have money in the bank."
What the analysts and experts say about Silver Stock, SilverCrest Mines:
Ron Struthers, Struthers Resource Stock Report (11/16/11) "SilverCrest Mines Inc. released a large number of drill results from the La Joya project. In addition to its own new holes, the company was given complete access to a database of 51 historic holes; the large database now in SilverCrest's possession hasn't simplified the geology but it has highlighted, in management's opinion, the potential for La Joya to host a large bulk-tonnage resource in addition to the higher-grade structures the company has focused on."
Nicholas Campbell, Canaccord Genuity (11/15/11) "SilverCrest Mines Inc.'s phase 1 26-hole drill program is complete. . .33 of the holes completed on the Main Mineralized Trend (MMT) have drill defined a semi-continuous mineralized zone over 1,000m by 500m to a vertical depth of up to 230m. . .we expect an initial silver resource in excess of 50 Moz with gold and copper by-products. The 44 historical drill holes completed outside the MMT demonstrates the potential to expand the mineralization. . .longer-term, we see potential for La Joya to develop into a 100+ Moz silver resource."
Morning Coffee (11/15/11 ) "SilverCrest Mines Inc. announced that data compilation for the phase I drilling program and a newly received historic database has identified a large, near-surface bulk tonnage target at its La Joya silver-copper-gold property in Durango, Mexico. . .the program has defined a 500x1,000m semi-continuous zone of mineralization with mineralization drilled to a depth of up to 230m with Ag eq values of 15-202 g/t. . .La Joya could host an initial silver resource in excess of 40 Moz, with significant upside potential."
Greg McCoach, Mining Speculator (11/8/11) "SilverCrest Mines Inc. is greatly undervalued and should be making significant gains when silver resumes its next trek higher. On the production front, the company announced they have had continued growth of silver and gold production in the third quarter 2011 from the Santa Elena mine located in Sonora, Mexico: Compared with Q211, silver production was up 43% to 106,636 oz and gold production was up 61% to 8,805 oz... .the Company is a Buy at current levels."
2011 Milestones and Achievements
SilverCrest had a tremendously exciting year in 2011, achieving a number of milestones which have paved the way for further production growth and exploration success in 2012 and beyond.
We met or exceeded our goals and expectations for 2011 in the following areas:
A bought deal financing of $30 million was completed in May and debt repayment was accelerated throughout the year.
  • Commercial production was declared in June at our flagship property, Santa Elena open pit, heap leach silver and gold mine.
  • Positive cash flow was reported in Q2 and Q3 with projected 2011 annual production expected to reach approximately 26,000 oz Au and 400,000 oz Ag.
  • Key executive and operating staff have been added to the already talented SilverCrest team.
  • An aggressive expansion plan that will include the construction of a conventional mill facility and underground resource development of Santa Elena to double current production to commence soon.
At the La Joya project in Durango a large, near-surface bulk tonnage target has been identified. A completed 26-hole drill program and a number of verified historical drill holes from a historic data package will be the basis of SVL's initial N 43-101 resource estimate by the end of 2011. A phase II drill program to begin soon.
"SilverCrest Mines Inc. is extraordinarily positioned in an exploding market sector with increasing production and cash flow, remarkable upside exploration potential and more than $32 million in cash, making it one of the premier investment vehicles in the silver space"
More about Silvercrest Mines (TSX-V: SVL, OTCQX: STVZF): videos, analyst commentary: http://www.theaureport.com/pub/co/292
Recent News: SilverCrest Mines (TSX-V: SVL ,OTCQX: STVZF) Identifies Large Bulk Tonnage Target at La Joya; Hole 17 intercepts 205.2m Grading 92.7 gpt Silver Equivalent ."
SilverCrest Mines Inc. announced last Monday, that data compilation for the Phase I drilling program and a newly received historic database has identified a large, near-surface bulk tonnage target at its La Joya property in Durango, Mexico. The compilation by SilverCrest has involved data and/or drill core review of 51 historic holes (14,786 metres) and 26 Company drill holes (5,716 metres) totaling 20,502 metres of drilling in 77 holes on the property. Verification or validation work completed by an Independent Qualified Person included review of 22 historic holes, Company drill information, geologic mapping, sampling, geochemistry, and historic airborne and ground geophysics. The compilation of these data will be incorporated into the upcoming NI43-101 Technical Report and resource estimate.
All 26 SilverCrest drill holes and 27 historic drill holes (verified with assays) intersected polymetallic mineralization that includes silver (Ag), copper (Cu), gold (Au), lead (Pb), zinc (Zn), tungsten (W) and molybdenum (Mo). Thirty three widely-spaced holes approximately 100 metres apart have identified a large, near-surface bulk tonnage target in the Phase I drilling area along the Main Mineralized Trend ("MMT") at La Joya.The MMT is defined, by using results from the Company's Phase I program and validated historic drill hole information, as a semi-continuous Ag-Cu-Au-Pb-Zn mineralized corridor with current "drilled-defined" dimensions of approximately 1,000 metres by 500 metres. The MMT includes a combination of wide vertical stockwork zones and multiple-stacked, polymetallic, stratabound horizons up to 230 metres in vertical thickness with grades ranging from 15.9 gpt to 202.4 gpt Ag equivalent*.
To view accompanying maps for the news release visit : http://media3.marketwire.com/docs/fourMaps.pdf
Full News release :http://www.investorideas.com/news/2011/mining/11142.asp
Contact:
SilverCrest Mines Inc.
Fred Cooper
604) 694-1730 ext. 108 or Toll Free: 1-866-691-1730
(604) 694-1761 (FAX)
info@silvercrestmines.com
www.silvercrestmines.com
Check out SilverCrest's Featured Videos
SVL New Alert: http://www.investmentpitch.com/media/1055/SilverCrest_Mines_Inc._TSXV:_SVL_News_Alert/
SVL La Joya project Site Video: http://www.silvercrestmines.com/video.asp?video=lajoya
SilverCrest Mines' Santa Elena Expansion Plan Animation:
http://www.silvercrestmines.com/video.asp?video=expansion
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Thursday, November 17, 2011

Mining and Silver Investor Trading Alert: SilverCrest Mines (TSX-V: SVL, OTCQX: STVZF) Trades up over 12% on 2,536,522 Shares

November 17, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors issues a trading alert and news update for mining investors following SilverCrest Mines (TSX-V: SVL, OTCQX: STVZF) . The stock had a record volume trading session Wednesday closing up at $2.06, up 0.23 (12.57%) on 2,536,522 shares.
The stock has gained momentum and increased share price following Monday's news "
SilverCrest Mines (TSX-V: SVL, OTCQX: STVZF) Identifies Large Bulk Tonnage Target at La Joya; Hole 17 intercepts 205.2m Grading 92.7 gpt Silver Equivalent"
More about Silvercrest Mines (TSX-V: SVL, OTCQX: STVZF): videos , analyst commentary:
http://www.theaureport.com/pub/co/292
To view accompanying maps for the news release visit : http://media3.marketwire.com/docs/fourMaps.pdf
Investorideas.com Newswire News:
SilverCrest Mines Inc. announced Monday, that data compilation for the Phase I drilling program and a newly received historic database has identified a large, near-surface bulk tonnage target at its La Joya property in Durango, Mexico. The compilation by SilverCrest has involved data and/or drill core review of 51 historic holes (14,786 metres) and 26 Company drill holes (5,716 metres) totaling 20,502 metres of drilling in 77 holes on the property. Verification or validation work completed by an Independent Qualified Person included review of 22 historic holes, Company drill information, geologic mapping, sampling, geochemistry, and historic airborne and ground geophysics. The compilation of these data will be incorporated into the upcoming NI43-101 Technical Report and resource estimate.
All 26 SilverCrest drill holes and 27 historic drill holes (verified with assays) intersected polymetallic mineralization that includes silver (Ag), copper (Cu), gold (Au), lead (Pb), zinc (Zn), tungsten (W) and molybdenum (Mo). Thirty three widely-spaced holes approximately 100 metres apart have identified a large, near-surface bulk tonnage target in the Phase I drilling area along the Main Mineralized Trend ("MMT") at La Joya.The MMT is defined, by using results from the Company's Phase I program and validated historic drill hole information, as a semi-continuous Ag-Cu-Au-Pb-Zn mineralized corridor with current "drilled-defined" dimensions of approximately 1,000 metres by 500 metres. The MMT includes a combination of wide vertical stockwork zones and multiple-stacked, polymetallic, stratabound horizons up to 230 metres in vertical thickness with grades ranging from 15.9 gpt to 202.4 gpt Ag equivalent*.
The remaining 44 holes that lie outside the Phase I drilling area have identified extensions to current mineralization along the MMT (see news release dated October 17, 2011) and have discovered a number of additional separate targets. Information from the historic database has extended the "overall" dimensions of the Main Mineralized Trend to greater than 2.5 kilometres in strike length by approximately one kilometre in width (see table on next page, attached maps and sections).
Full News release :http://www.investorideas.com/news/2011/mining/11142.asp
Contact:
SilverCrest Mines Inc.
Fred Cooper
(604) 694-1730 ext. 108 or Toll Free: 1-866-691-1730
(604) 694-1761 (FAX)
info@silvercrestmines.com
www.silvercrestmines.com
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BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
800-665-0411
Source - www.Investorideas.com

Wednesday, November 16, 2011

Gold Stock News; Castle Silver Mines Inc. files final prospectus for initial public offering and "spin-out" to shareholders of Gold Bullion Development Corp.

VANCOUVER - November 16, 2011 (Investorideas.com Mining stocks Newswire) - Gold Bullion Development Corp. (TSXV: GBB, OTC PINK: GBBFF) and Castle Silver Mines Inc., a wholly-owned subsidiary of Gold Bullion, announce that Castle Silver Mines has filed a final prospectus with the securities commissions of each of the provinces of Canada in connection with an initial public offering by Castle Silver Mines, and a secondary offering to the shareholders of Gold Bullion of shares of Castle Silver Mines by way of dividend in kind.
Initial Public Offering
Castle Silver Mines is effecting an initial public offering of 4,750,000 "flow-through" units at a price of $0.40 per unit, and a minimum of 3 million and a maximum of 5 million common share units at a price of $0.30 per unit, for maximum gross proceeds to Castle Silver Mines of $3.4 million. Each "flow-through" unit will consist of one common share of Castle Silver Mines and one-half of a common share purchase warrant. Each common share unit will consist of one common share of Castle Silver Mines and one common share purchase warrant. Each full warrant will entitle its holder to acquire one additional common share of Castle Silver Mines at a price of $0.50 for a period of 18 months.
The proceeds from the initial public offering will be used by Castle Silver Mines for exploration work on its Castle Silver Mine property, future property acquisitions and for working capital and general corporate purposes. A description of the recommended exploration program for the Castle Silver Mine property is summarized in the final prospectus, which is available under Castle Silver Mines' company profile on SEDAR at www.sedar.com.
The TSX Venture Exchange has conditionally approved the listing of the common shares of Castle Silver Mines, subject to, among other standard listing conditions, completion of the initial public offering for minimum gross proceeds of $2.8 million with satisfactory public distribution.
Industrial Alliance Securities Inc. is acting as agent for the initial public offering on a "best-efforts" basis. Castle Silver Mines has granted Industrial Alliance Securities an option to offer up to 750,000 additional common share units and up to 712,500 additional "flow-through" units, representing 15% of the number of units offered, to cover over-allotments, if any. The over-allotment option may be exercised at the offering prices for a period of 30 days from the date of closing of the offering. If Industrial Alliance Securities exercises the over-allotment option in full after a maximum offering, the total gross proceeds of the offering will be $3,910,000.
Closing of the initial public offering is expected to take place no later than December 15, 2011.
"Spin-Out" to Shareholders of Gold Bullion
Concurrently with the initial public offering, Gold Bullion Development Corp., the sole shareholder of Castle Silver Mines, will distribute an aggregate of approximately 1,950,000 common shares of Castle Silver Mines to the shareholders of Gold Bullion, by way of dividend in kind. Gold Bullion shareholders will receive one common share of Castle Silver Mines for approximately every 85 issued and outstanding Gold Bullion shares on the distribution record date. The record date for the distribution of the Castle Silver Mines shares will be set by the Board of Directors of Gold Bullion in accordance with the policies of the TSX Venture Exchange. Gold Bullion will issue a press release shortly, announcing the record date and the distribution ratio. Gold Bullion will retain approximately 7.8 million shares of Castle Silver Mines.
In the event of an initial public offering by Castle Silver Mines in a maximum amount of $3.4 million, investors in the initial public offering will hold 50% of the outstanding shares of Castle Silver Mines, Gold Bullion will hold 40% of the outstanding shares, and the shareholders of Gold Bullion will hold in the aggregate 10% of the outstanding shares.
Castle Silver Mines Inc.
Castle Silver Mines Inc. was incorporated in March 2011 as a wholly-owned subsidiary of Gold Bullion, for the purpose of taking over the silver assets and exploration activities currently carried on by Gold Bullion, so that Gold Bullion can devote itself solely to exploration for gold. Prior to the distribution record date, Castle Silver Mines Inc. will acquire the Castle Silver Mine property in Gowganda, Ontario from Gold Bullion, which comprises Gold Bullion's sole silver exploration property. After such transfer, Gold Bullion does not intend to be directly involved in silver exploration. Castle Silver Mines may acquire additional interests in silver exploration properties in the future.
Castle Gold Mines' common shares have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent U.S registration or an applicable exemption from U.S. registration requirements.
About Gold Bullion Development Corp.
Gold Bullion Development Corp. is a TSX Venture-listed junior natural resource company focusing on the exploration and development of its Granada Property near Rouyn-Noranda, Qu�bec, and its Castle Silver Mine property in Gowganda, Ontario.
For more information on Gold Bullion Development Corp. (TSXV:GBB.V) (Other OTC:GBBFF.PK), visit our web site: http://www.GoldBullionDevelopmentCorp.com
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
"Frank J. Basa"
Frank J. Basa, P.Eng. President and Chief Executive Officer
Roger Thomas
Director
Tel.: (613) 292-2438
Progressive Investor Relations (Canada): Tel. (604) 689-2881 or e-mail info@progressive-ir.com
Torrey Hills Capital (United States) Tel. (858) 456-7300
Visit the GBB showcase profile at Investorideas.com
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Monday, November 14, 2011

Mining and Gold Stocks News; SilverCrest (TSX-V: SVL.V) Identifies Large Bulk Tonnage Target at La Joya; Hole 17 Intercepts 205.2m Grading 92.7 gpt Silver Equivalent

VANCOUVER, BRITISH COLUMBIA - November 14, 2011 (Investorideas.com Mining stocks newswire) SilverCrest Mines Inc. (TSX-V: SVL.V)(OTCQX: STVQF)(PINK SHEETS: STVQF)(Frankfurt: CW5.F) (the "Company") is pleased to announce that data compilation for the Phase I drilling program and a newly received historic database has identified a large, near-surface bulk tonnage target at its La Joya property in Durango, Mexico. The compilation by SilverCrest has involved data and/or drill core review of 51 historic holes (14,786 metres) and 26 Company drill holes (5,716 metres) totaling 20,502 metres of drilling in 77 holes on the property. Verification or validation work completed by an Independent Qualified Person included review of 22 historic holes, Company drill information, geologic mapping, sampling, geochemistry, and historic airborne and ground geophysics. The compilation of these data will be incorporated into the upcoming NI43-101 Technical Report and resource estimate.
All 26 SilverCrest drill holes and 27 historic drill holes (verified with assays) intersected polymetallic mineralization that includes silver (Ag), copper (Cu), gold (Au), lead (Pb), zinc (Zn), tungsten (W) and molybdenum (Mo). Thirty three widely-spaced holes approximately 100 metres apart have identified a large, near-surface bulk tonnage target in the Phase I drilling area along the Main Mineralized Trend ("MMT") at La Joya. The MMT is defined, by using results from the Company's Phase I program and validated historic drill hole information, as a semi-continuous Ag-Cu-Au-Pb-Zn mineralized corridor with current "drilled-defined" dimensions of approximately 1,000 metres by 500 metres. The MMT includes a combination of wide vertical stockwork zones and multiple-stacked, polymetallic, stratabound horizons up to 230 metres in vertical thickness with grades ranging from 15.9 gpt to 202.4 gpt Ag equivalent(i).
The remaining 44 holes that lie outside the Phase I drilling area have identified extensions to current mineralization along the MMT (see news release dated October 17, 2011) and have discovered a number of additional separate targets. Information from the historic database has extended the "overall" dimensions of the Main Mineralized Trend to greater than 2.5 kilometres in strike length by approximately one kilometre in width (see table on next page, attached maps and sections: http://media3.marketwire.com/docs/fourMaps.pdf).
N. Eric Fier, CPG, P.Eng. and Chief Operating Officer stated; "In our first review of the Phase I results we focussed on the higher grade intercepts, but with the receipt of significant historical data we recognized the potential for a much larger, lower grade deposit. The key to identifying the presence of a potential large, near-surface bulk tonnage deposit is establishing continuity of the mineralization and grades of the drill hole intercepts. Our initial geological computer-generated model is increasing our confidence in the continuity and our ability to apply it to the anticipated La Joya resource estimates. The upcoming Phase II drill program will further systematically test the continuity and grade of mineralization in the Phase I area, as well as along the extensions of the Main Mineralized Trend."
The several styles of mineralization have been identified at La Joya as follows;
at least 6 multi-stacked, polymetallic, disseminated sulfide,
1) stratabound horizons and mantos up to 50 metres in true thickness with Ag-Cu-Au-Pb-Zn mineralization, at least 6 structurally-controlled vertical stockwork zones up to 50
2) metres in true width with Ag-Cu-Au mineralization, a Contact Zone with the underlying intrusive up to 100 metres in true
3) thickness with Ag-Cu-Au-Pb-Zn-W mineralization, and pervasive gold and tungsten mineralized halos proximal to the underlying
4) intrusive.
The attached sections, AA' and BB', show the overall inferred continuity of the polymetallic, stratabound horizons, mantos and the Contact Zone, cross-cut by wide mineralized stockwork zones. Longitudinal Section AA' is along the main axis of a northwest-southeast trending anticline and is looking northeast. Section BB' is a cross section of the MMT looking north and intercepts Section AA' at hole SAC98-04. The stratabound horizons, mantos and Contact Zone are more continuous proximal to the centre of the sections where they are influenced by the axis of an anticlinorium. Late stage stockwork zone placement along the axis positively impacts mineralization where the highest grades tend to be located. True thicknesses of mineralization in drill holes can be approximated from the attached sections (To view sections, visit the following link: http://media3.marketwire.com/docs/AAandBB.pdf).
The following table presents the weighted, uncut average assay results (excluding Pb, Zn, Mo and W) of the 33 drill holes located within the Phase 1 area which identify the potential bulk tonnage deposit at La Joya. Twenty five of the 26 holes drilled by the Company in Phase I are stated in the table below with most significant hole intercepts. Selective higher grade intervals for these holes were previously announced and can be reviewed in news releases dated March 7, 2011, June 6, 2011 and October 17, 2011.
Investorideas.com Newswire
(i)Cutoff of 15 gpt Ag equivalent, Ag equivalent is based on 100% metallurgical recovery, combination of Ag, Cu, Au only and price ratios of 86:1- Cu:Ag and 55:1- Ag:Au. Metals prices used to determine ratios were US$24/oz for Ag; US$3/lb for Cu and US$1200/oz for Au. Minimum 2 metre width for mineralized intercept. All numbers are rounded.
Company hole LJ DD11-15 not presented in the table intercepted the "gold-tungsten halo" from surface to 64.0 meters grading 7.8 gpt Ag, 0.1 % Cu, 0.13 gpt Au and 0.074 % W. This hole is currently considered to be outside of the Main Mineralized Trend. Holes SAC98-01 to 06, S-9 and LB98-04 are historic holes that have been validated by an Independent Qualified Person for the purpose of NI43-101 reporting. Currently, only these 8 historic holes and all 26 Company holes have been independently validated for resource estimation purposes. Work is ongoing to further validate additional historic information.
There are numerous lead and zinc values in selected drill hole intervals grading up to 2.5 % combined Pb and Zn over 16.6 metres, which are not included in the silver equivalent calculations. High grade selective molybdenum intervals have been intersected in drill holes grading up to 0.7 % Mo over 1.5 metres. In addition to the silver, copper, gold, lead, zinc and molybdenum mineralization, the La Joya property potentially hosts a large, near-surface bulk tonnage tungsten deposit. This target partially overlaps polymetallic mineralization within the Main Mineralized Trend. Grades for near-surface tungsten range from 0.02 to 0.50% W. Further results on tungsten will be provided once compilations have been completed.
All sample preparation for Company-drilled holes and validation of historic results was completed by ALS Chemex in Zacatecas, and analyzed by ALS Chemex in North Vancouver. Selected samples were analyzed at the Company's lab at its Santa Elena Mine, and were re-run at ALS Chemex for verification and QA/QC purposes.
Additional Targets Outside the MMT
Surface work, recent geophysics and historic drilling have outlined additional targets at La Joya with excellent potential for continued discoveries (see attached map). Further drilling in these areas is planned for the Phase II program.
Cerro Coloradito: This target lies approximately 1 kilometre west of the MMT. It has been drilled with 7 widely spaced drill holes, all of which contain significant values of Ag, Cu, Au, and Mo. Historic hole S-4 intercepted 76.2 metres from surface grading 24 gpt Ag, 0.15 gpt Au and 0.076 % molybdenum (Mo). Eight holes are proposed to further test this target by Q2 2012.
Santo Nino: This target is approximately 1 kilometre east of the MMT and has been tested with 3 widely spaced drill holes. Historic hole S-1, intercepted 24.3 metres grading 11.8 gpt Ag, 0.45% Cu, and 0.12 gpt Au. Six holes are proposed to further test this target by Q2 2012.
La Esperanza: This target is approximately 500 metres northeast of the MMT and contains an underground historic mine with geology and mineralization similar to the MMT. Five holes are proposed to further test this target by Q2 2012.
The Company is completing a resource estimate for La Joya and a NI 43-101 Technical Report which is anticipated in Q4 2011. A Phase II program is currently in the planning stage, and contemplates a program of approximately 60 drill holes, in excess of 10,000 metres, to begin in Q4 2011 at an estimated cost of US$3 million.
The Company has the right to acquire 100% of the La Joya Property which is located approximately 75 kilometres southeast of the city of Durango, Mexico. The property is located in a productive mineralized region which currently supports several large scale mining operations including Grupo Mexico's San Martin Mine, Industrias Penoles' Sabinas Mine, Pan American Silver's La Colorada Mine and First Majestic Silver's La Parrilla Silver Mine. Please reference our website at www.silvercrestmines.com for more information, photos, a video and figures on La Joya.
The Qualified Person under National Instrument (NI 43-101) Standards of Disclosure for Mineral Projects for this News Release is N. Eric Fier, CPG, P.Eng, and Chief Operating Officer for SilverCrest Mines Inc., who has reviewed and approved its contents.
SilverCrest Mines Inc. (TSX-V: SVL.V - News) is a Mexican precious metals producer with headquarters based in Vancouver, BC. SilverCrest's flagship property is the 100%-owned Santa Elena Mine, which is located 150km northeast of Hermosillo, near Banamichi in the State of Sonora, Mexico. The mine is a high-grade, epithermal gold and silver producer, with an estimated life of mine cash cost of US$8 per ounce of silver equivalent (55:1 Ag:Au). SilverCrest anticipates that the 2,500 tonnes per day facility should recover approximately 4,805,000 ounces of silver and 179,000 ounces of gold over the 6.5 year life of the open pit phase of the Santa Elena Mine. A three year expansion plan is underway to double metals production at the Santa Elena Mine and exploration programs are rapidly advancing the definition of a potential large polymetallic deposit at the La Joya property in Durango State.
FORWARD-LOOKING STATEMENTS
This presentation contains "forward-looking statements" within the meaning of Canadian securities legislation and the United States Securites Litigation Reform Act of 1995. Such forward-looking statements concern the Company's anticipated results and developments in the Company's operations in future periods, planned exploration and development of its properties, plans related to its business and other matters that may occur in the future. These statements relate to analyses and other information that are based on expectations of future performance, including silver and gold production and planned work programs. Statements concerning reserves and mineral resource estimates may also constitute forward-looking statements to the extent that they involve estimates of the mineralization that will be encountered if the property is developed and, in the case of mineral reserves, such statements reflect the conclusion based on certain assumptions that the mineral deposit can be economically exploited. Forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors which could cause actual events or results to differ from those expressed or implied by the forward-looking statements, including, without limitation: risks related to precious and base metal price fluctuations; risks related to fluctuations in the currency markets (particularly the Mexican peso, Canadian dollar and United
States dollar); risks related to the inherently dangerous activity of mining, including conditions or events beyond our control, and operating or technical difficulties in mineral exploration, development and mining activities; uncertainty in the Company's ability to raise financing and fund the exploration and development of its mineral properties; uncertainty as to actual capital costs, operating costs, production and economic returns, and uncertainty that development activities will result in profitable mining operations; risks related to reserves and mineral resource figures being estimates based on interpretations and assumptions which may result in less mineral production under actual conditions than is currently estimated and to diminishing quantities or grades of mineral reserves as properties are mined; risks related to governmental regulations and obtaining necessary licenses and permits; risks related to the business being subject to environmental laws and regulations which may increase costs of doing business and restrict our operations; risks related to mineral properties being subject to prior unregistered agreements, transfers, or claims and other defects in title; risks relating to inadequate insurance or inability to obtain insurance; risks related to potential litigation; risks related to the global economy; risks related to environmental laws risks related to the Company's status as a foreign private issuer; risks related to all of the Company's properties being located in Mexico and El Salvador, including political, economic, social and regulatory instability; and risks related to officers and directors becoming associated with other natural resource companies which may give rise to conflicts of interests. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in the forward-looking statements. The Company's forward-looking statements are based on beliefs, expectations and opinions of management on the date the statements are made. For the reasons set forth above, investors should not place undue reliance on forward-looking statements.
The information provided in this news release is not intended to be a comprehensive review of all matters and developments concerning the Company. It should be read in conjunction with all other disclosure documents of the Company. The information contained herein is not a substitute for detailed investigation or analysis. No securities commission or regulatory authority has reviewed the accuracy or adequacy of the information presented.
J. Scott Drever, President
SILVERCREST MINES INC.
To view accompanying maps, visit the following link: http://media3.marketwire.com/docs/fourMaps.pdf
Neither TSX Venture Exchange nor its Regulation Services Provider (as defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contact:
SilverCrest Mines Inc.
Fred Cooper
(604) 694-1730 ext. 108 or Toll Free: 1-866-691-1730
(604) 694-1761 (FAX)
info@silvercrestmines.com
www.silvercrestmines.com
Silvercrest Mines has compensated Investorideas.com for the dissemination and publishing of its news through Investorideas.com site and subscribers and its partner sites for a two week program, for three thousand per week.

Tuesday, November 08, 2011

Mining News; LEGEND INTERNATIONAL (OTCBB: LGDI) ANNOUNCES PLANS TO BEGIN PHOSPHATE ROCK PRODUCTION AND SALES OPERATIONS

Melbourne, Australia - November 8, 2011 (Investorideas.com Newswire) Legend International Holdings, Inc (OTCBB: LGDI) is pleased to announce that it plans to begin phosphate rock production and sales operations from its Paradise rock deposits for domestic value added sales and exports.
Legend is confident that given the current phosphate rock market the beginning of production and sales operations is now warranted. This will occur in parallel with continuing Legend's current DAP/MAP development strategy with prospective joint venture partners.
Legend and IFFCO have executed a Shareholders' Option Agreement whereby Legend and IFFCO have agreed on Rock Off-take. Legend is now finalising its strategy for production and sale of rock phosphate in consultation with IFFCO.
The strategy includes:
  • Legend to potentially utilise high grade material from Paradise North (7.3 million tonnes grading 28.1% P2O5) for direct shipping ore, direct application rock and single superphosphate.
  • Legend to ramp production up to 1 million tonnes per annum over an agreed timeframe. This would include setting up a project management team, finalising a mining and logistics plan and setting up a beneficiation plant.
  • Legend to put to tender by 31st January 2012 for construction of up to a 1 million tonne per annum rock concentrate beneficiation plant at Paradise South capable of producing 32-34% P2O5 phosphate rock concentrate.
  • IFFCO to help Legend facilitate finance for the construction of the beneficiation plant and associated infrastructure.
  • Rock sale price to be mutually agreed based on the international market at the time of sale.
  • The rock selling price can be fixed for up to one year periods.
Forward-Looking Statements
Forward-looking statements in this press release are made pursuant to the "safe harbour" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties including, without limitation, the risks of exploration and development stage projects, risks associated with environmental and other regulatory matters, mining risks and competition and the volatility of mineral prices. Actual results and timetables could vary significantly. Additional information about these and other factors that could affect the Company's business is set forth in the Company's fiscal 2010 Annual Report on Form 10-K and other filings with the Securities and Exchange Commission.
For further information, please contact:
Mr. Joseph Gutnick
Chief Executive Officer
Legend International Holdings, Inc.
Tel: +011 613 8532 2866
Fax: +011 613 8532 2805
E-mail: josephg@axisc.com.au
General Manager Business
New York Office
Legend International Holdings, Inc.
Tel: (212) 223 0018
Fax: (212) 223 1169
E-mail: legendinfo@axisc.com.au

Gold Stocks News; Lomiko (TSX-V: LMR; OTC: LMRMF) Garth Kirkham Resigns from the Board of Directors

Vancouver, BC - November 8, 2011 (Investorideas.com mining stocks newswire) � LOMIKO METALS INC. (TSX-V:LMR, OTC: LMRMF, Europe: ISIN: CA54163Q1028, WKN: A0Q9W7) (the "Company") Lomiko Metals Inc. announces it has accepted the resignation of Mr. Garth Kirkham, from the Board of Directors.
Mr. Kirkham will continue to serve as the Qualified Person for the Vines Lake Project. The Exploration Program has been completed and assay results for rock and drill results are pending.
The Company thanks Mr. Kirkham for his valuable contributions to the Board and wishes him success in his future endeavours.
For more information, please contact Paul Gill at 604-729-5312, email: info@lomiko.com or refer to the website at: www.lomiko.com
On behalf of Lomiko Metals Inc,
Signed: "A. Paul Gill"
A. Paul Gill, President & CEO
We seek safe harbor. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Disclaimer/ Disclosure: The following news is paid for and /or published as information only for our readers. Lomiko Metals Inc. (TSX-V: LMR) three month showcase gold stock on Investorideas.com and all related mining portals and blogs (one thousand per month)
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Mining and Gold Stocks; YALE (TSX-V: YLL) Starts Drilling at Dos Naciones

More mining stocks info from Investorideas.com and our Gold and Mining Stocks Blog: Visit Investorideas.com leading mining portals - www.gold-miningstocks.com and www.miningsectorstocks.com to get stock news, directories and showcase mining stocks to follow. Gold and mining investors can research stocks with the mining stocks directory, featuring Gold Stocks, Silver Stocks, Uranium Stocks, Copper Stocks, Zinc Stocks and Precious Metals TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading Stock Exchanges. The investorideas.com mining stock directory lists over 1100 publicly traded mining stocks for investors. Preview the directory here : http://www.investorideas.com/Gold_Stocks/Stocks_List.asp Mining stocks - become a showcase mining stock at www.investorideas.com and see your news and online traction grow immediately for as little as $500 month !

Friday, November 04, 2011

Thursday's Iron Ore Stocks Trading; (OTCBB: TRKP), (TSX.V: TNR), (TSX.V: ADI), (TSX.V: MIO)

Point Roberts, WA - November 4, 2011 (Investorideas.com Mining Newswire) � www.Investorideas.com, a leader in sector research for investors including mining and resource stocks, issues a trading alert for small and large cap iron ore stocks, for trading Thursday November 3rd.
TNR GOLD CORP (TSX.V: TNR) ended flat at C$0.05 with more than 651K shares traded hands – 4.4X its average volume. Late Wednesday, the company announced that it has reached a purchase option agreement on the acquisition of the Soules Bay Iron Ore project.
TurkPower Corporation (OTCBB: TRKP) shares closed at $0.17. TurkPower's sole focus is on the booming Turkish mining industry, where it aims to become a leader in developing, operating and owning base metal mines, by acquiring and consolidating operational mines with proven reserves, utilizing economies of scale to increase returns as well as developing new mining assets.
Mindoro Resources Ltd. (TSX.V: MIO) surged 0.015 (11.11%) to $0.15 after it received positive results from key development studies on the Agata Nickel Project (75% economic interest), Surigao district, Mindanao, the Philippines.
Atlas Iron Limited (ASX: AGO) ended the day with a gain of 0.17 (5.59%) at $3.21. It is reported that Atlas Iron expects to reveal its Pilbara railway plans to enable an increase in iron ore production to more than 15 million tonnes a year within months.
Adriana Resources Inc. (TSX.V: ADI) surged 0.02 (1.94%) to $1.05.
AK Steel Holding Corporation (NYSE:AKS) ended the day with a gain of 0.32 (3.83%) at $8.68.
Steel Dynamics, Inc. (NASDAQ:STLD) jumped 0.40 (3.17%) to $13.02.
Showcase Iron Ore Stock:
TurkPower Corporation (OTCBB:TRKP) is a Turkish-American junior mining company that is acquiring controlling ownership in an operational iron ore mine and several mining projects under development in Turkey. TurkPower's sole focus is on the booming Turkish mining industry, where it aims to become a leader in developing, operating and owning base metal mines by acquiring and consolidating operational mines with proven reserves, utilizing economies of scale to increase returns as well as developing new mining assets. TurkPower's board of directors, management team and employees have extensive experience and relations in the Turkish mining industry, as well as ongoing relations with the relevant government agencies, allowing TurkPower to participate in the major opportunities currently developing in Turkey.
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Disclaimer/ Disclosure: The following news is paid for and /or published as information only for our readers. TRKP is a paid advertising client ( three thousand five hundred per month, 150,000 144 shares) Investorideas.com is a third party publisher of news and research .Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of principal .This site is currently compensated by featured companies, news submissions and online advertising. BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
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