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Wednesday, September 07, 2011

Gold and Mining Stocks Alert: ABX, NG, AZK, MDW, VGW

POINT ROBERTS - September 7, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, including gold and mining stocks reports on trading in junior and leading gold mining stocks for Sep. 06th.
Gold Stocks Trading Snapshot - Sept 6
  • Barrick Gold Corporation (USA) (NYSE:ABX) ended higher by 1.36% at $53.59.
  • NovaGold Resources Inc. (USA) (AMEX:NG) ended with gains of 2.84% to $11.22.
  • Aurizon Mines Ltd. (USA) (AMEX:AZK) surged 0.06 (0.91%) to $6.62.
  • Midway Gold Corp. (AMEX:MDW) added 0.06 (2.27%) to $2.70.
  • Allied Nevada Gold Corp. (AMEX:ANV) closed with a gain of 1.10 (2.52%) to $44.80 and made a new 52-week high of $45.46.
  • Vista Gold Corp. (AMEX:VGZ) climbed 0.43 (12.01%) to $4.01.
Barrick Gold Corporation (NYSE: ABX)(TSX: ABX) announced on the opening today that it has made two significant gold discoveries on the Company's 100%-owned Cortez property in Nevada(1). These two discoveries, known as Red Hill and Goldrush, are located on highly prospective ground, six kilometers southeast of the Cortez Hills mine and 24 kilometers southeast of the Pipeline mine. Based on the results of wide spaced drilling, the Company has outlined two zones of gold mineralization along a seven kilometer long trend. The mineralization is primarily hosted in a favorable carbonate unit and has a tabular geometry. The new discoveries are geologically similar in style to Barrick's Cortez Hills and Goldstrike mines. The majority of the mineralization intersected to date is refractory and occurs at depths between 150 and 500 meters.
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Yale Resources Ltd. (TSX-V - YLL and Frankfurt - YAB)
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Yale Resources Yale Resources Ltd. is an exploration and development company building value utilizing the Project Generator business model. With its Mexican operations based out of Hermosillo, Sonora, Yale is utilizing its extensive Mexican network to identify, acquire and advance projects of merit. Yale's partners are scheduled to spend greater than $1,000,000 on exploration on the Company's properties over the next 12 months.
Contact
Ian Foreman
info@yaleresources.com
www.yaleresources.com
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