Investorideas.com newswire, commentary for mining sector

Thursday, October 24, 2013

Mining Stock Alert: DNA Precious Metals Inc. (OCTQB: DNAP) to be Presenting at the 2013 Silver Summit Conference Today

Montreal, Canada - October 24, 2013 (Investorideas.com Mining stocks newswire) DNA Precious Metals Inc. ("DNA" or "the Company") (OCTQB:DNAP) has been invited to speak at the 2013 Silver Summit conference in Spokane, Washington on Thursday, October 24, 2013 at 1:50pm am, Pacific time. The Silver Summit conference is a world premier event of among others, mining company executives and institutional investors, sponsored yearly by Cambridge House International. DNA Precious Metals is honored to participate in this important high-level conference where the Company will be presenting an update on its Montauban tailings mine production target of Q2 2014, and the acquisition of the Montauban gold silver zinc lead past producer, as well as strategy, results and upcoming plans.

CONFERENCE DETAILS
When: October 24 - 25 at
Where: The Davenport Hotel, Spokane, WA.
Online: http://www.cambridgehouse.com/node/13049
Ronald Mann, President and CEO states; "Participating companies are pioneers for having the vision to see that conferences bring together the brightest investing minds from around the world. If they have this kind of vision when it comes to meeting investors, you should come hear their vision for the future of their own companies."
About DNA Precious Metals, Inc.
DNA Precious Metals, Inc. is focused on near term production of the Montauban tailings mine in the Province of Quebec, Canada with an aggressive search for economic production assets. The company trades on the OTCQB market in the United States under the stock symbol DNAP. For more information, please go to   www.DNAPreciousMetals.com .
On behalf of the Board
Ronald K. Mann, CEO
Forward Looking Disclaimer
This release contains forward-looking statements that involve risks and uncertainties. Readers are referred to the Securities and Exchange Commission filings filed by the Company on EDGAR at www.sec.gov/edgar.shtml, specifically the most recent reports which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. The Company undertakes no obligation to review or confirm analysts' expectations or estimates or to publicly release any revisions to any forward-looking statements. The information contained in this press release should not be construed as any indication of the Company's future stock price, its revenues or results of operations.
CONTACT INFORMATION
Ronald Mann, CEO
DNA Precious Metals Inc.
ronald.mann1@dnapreciousmetals.com
Twitter: www.twitter/dnametals
Facebook: www.facebook.com/dnametals
INVESTOR RELATIONS
Stuart T. Smith, CEO
SmallCapVoice.Com, Inc.
ssmith@smallcapvoice.com
Tel: +1-(512)-267-2430
Skype: SmallCapVoice.com
Disclaimer/ Disclosure:The Investorideas.com newswire is a third party publisher of news and research as well as creates original content as a news source. Original content created by investorideas is protected by copyright laws other than syndication rights. Investorideas is a news source on Google news and Linkedintoday plus hundreds of syndication partners. Our site does not make recommendations for purchases or sale of stocks or products. 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 investment. This site is currently compensated by featured companies, news submissions, content marketing and online advertising. Contact each company directly for press release questions. Disclosure is posted on each release if required but otherwise the news was not compensated for and is published for the sole interest of our readers. Investorideas is compensated by DNAP for news and content publication and syndication ( October 2013 - five thousand for one month of news distribution on Investor ideas news wire ) More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp
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. Global investors must adhere to regulations of each country.

Tuesday, October 22, 2013

Mining Stock Alert: DNA Precious Metals Inc. (OCTQB: DNAP) Announces it has Signed a Binding Agreement to Acquire Additional Mining Interest on the Montauban Mine Property

Montreal, Canada - October 22, 2013 (Investorideas.com Mining stocks newswire) DNA Precious Metals Inc. ("DNA" or "the Company") (OCTQB:DNAP) is pleased to announce that it has signed a Binding Agreement with Excel Gold Mining Inc. for an undivided one hundred (100%) interest for all of their Montauban Mine Property assets located in Notre-Dame-de-Montauban, Quebec, Canada. The 5 contiguous claims ("Mineral Claims") consist of a mining lease and a mining concession totalizing an approximate surface of 76.84 hectares. These 5 mining claims are contingent to DNA's mining claims covering an area of approximately 340 hectares on the Montauban Mine Property, and are described as Les Mines de Montauban in the Property Map on the DNA Website http://www.dnapreciousmetals.com/maps.

DNA Precious Metals Inc. has fulfilled its contractual obligations under the Agreement and paid "In Trust" for the benefit of the Vendor funds and common shares of DNA Precious Metals Inc. representing a value of over $600,000 as of the date of this Release.
The acquired mining assets, described as Les Mines de Montauban on the Property Map http://www.dnapreciousmetals.com/maps , are fundamental to DNA's currently 100% claimed Montauban Mine Property mining claims. This acquisition solidifies DNA Precious Metal's Montauban Mine Property bundle, while expanding exploration and mining potential and enhancing access. More importantly, the added value of this acquisition resides in the granted mining lease and underground rights that accompany the newly acquired mining claims.
Reported Historical Past production from Les Mines de Montauban includes 132,000 oz gold, and 4,300,000 oz silver as well as 77,000 tons zinc, 24,000 tons lead.
"This acquisition is in line with the Company's objective of low capital cost production targets, while positioning the Company for continued growth with the Montauban Mine Project. Procuring these claims will significantly increase the Company's long term exploration program, enhancing the investment in these prospective claims" said Ronald Mann, President and CEO of DNA Precious Metals Inc.
Newly Acquired Mineral Claims
The newly acquired Minerals Claims include three shafts, extensive underground workings and includes the "Golden Goose" north strike area of the Montauban mineralized near surface ore belt, one of the many significant highlights of the acquired property. This mineralized ore block, with Historical Resources non 43-101, Mirabel Resources, consists of approximately 693, 590 metric tons grading an average 3.44 g/t Au and 14.32 g/t Ag. http://www.dnapreciousmetals.com/maps
The vendor intercepted significant results in their 2009 drill campaign on the acquired property. Selected assay highlights of gold/silver intercepts, historical drilling, non 43-101, non Canadian drilling reporting standard compliant, on the newly acquired Montauban Mine Property include an intercept over 9 metres at a depth of less than 20 metres of 4.10 g/t Au and 19.49 g/t Ag. See table below.
MONTAUBAN 2009 DRILLING RESULTS
DDH From To Interval Au Ag
No (m) (m) (m) (g/t) (g/t)
EM-09-01 13.00 17.30 4.30 4.82 19.03
EM-09-15 0.50 5.00 4.50 2.15 15.11
EM-09-17 1.50 5.00 3.50 3.43 17.34
EM-09-21 1.50 4.50 3.00 8.96 18.94
EM-09-23 1.50 10.00 8.50 2.54 19.69
EM-09-26 1.50 6.00 5.00 1.41 10.62
EM-09-27 1.50 10.00 8.50 7.34 17.02
EM-09-28 3.00 5.58 2.58 14.32 25.84
EM-09-29 3.15 9.00 5.85 2.92 11.69
EM-09-35 7.40 12.50 5.10 6.77 24.29
EM-09-38 5.50 13.50 8.00 3.13 13.70
including 12.50 13.50 1.00 10.90 46.70
EM-09-40 10.50 19.50 9.00 4.10 16.49
including 18.50 19.50 1.00 20.80 33.70
EM-09-41 12.50 19.50 7.00 2.07 6.43
EM-09-45 8.00 10.00 2.00 7.16 0.90
EM-09-47 3.50 5.50 2.00 3.24 6.85
EM-09-56 15.00 22.00 7.00 4.49 12.37
EM-0958 17.00 25.00 8.00 3.78 28.26
including 17.00 18.00 1.00 11.75 65.30
About DNA Precious Metals, Inc.
DNA Precious Metals, Inc. is focused on near term production of the Montauban tailings mine in the Province of Quebec, Canada with an aggressive search for economic production assets. The company trades on the OTCQB market in the United States under the stock symbol DNAP. For more information, please go to   www.DNAPreciousMetals.com .
On behalf of the Board
Ronald K. Mann, CEO
Forward Looking Disclaimer
This release contains forward-looking statements that involve risks and uncertainties. Readers are referred to the Securities and Exchange Commission filings filed by the Company on EDGAR at www.sec.gov/edgar.shtml, specifically the most recent reports which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. The Company undertakes no obligation to review or confirm analysts' expectations or estimates or to publicly release any revisions to any forward-looking statements. The information contained in this press release should not be construed as any indication of the Company's future stock price, its revenues or results of operations.
CONTACT INFORMATION
Ronald Mann, CEO
DNA Precious Metals Inc.
ronald.mann1@dnapreciousmetals.com
Twitter: www.twitter/dnametals
Facebook: www.facebook.com/dnametals
INVESTOR RELATIONS
Stuart T. Smith, CEO
SmallCapVoice.Com, Inc.
ssmith@smallcapvoice.com
Tel: +1-(512)-267-2430
Skype: SmallCapVoice.com
Disclaimer/ Disclosure:The Investorideas.com newswire is a third party publisher of news and research as well as creates original content as a news source. Original content created by investorideas is protected by copyright laws other than syndication rights. Investorideas is a news source on Google news and Linkedintoday plus hundreds of syndication partners. Our site does not make recommendations for purchases or sale of stocks or products. 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 investment. This site is currently compensated by featured companies, news submissions, content marketing and online advertising. Contact each company directly for press release questions. Disclosure is posted on each release if required but otherwise the news was not compensated for and is published for the sole interest of our readers. Investorideas is compensated by DNAP for news and content publication and syndication ( October 2013 - five thousand for one month of news distribution on Investor ideas news wire ) More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp
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. Global investors must adhere to regulations of each country.

Monday, October 21, 2013

Mining Stock Alert: SilverCrest (TSX.V: SVL) (NYSE MKT: SVLC) Announces Positive La Joya Preliminary Economic Assessment Base Case Pre-Tax NPV(5%) of US$133 Million and 30% IRR for "Starter Pit"

Vancouver, British Columbia - October 21, 2013 (Investorideas.com Mining Stocks Newswire) SilverCrest Mines Inc. (TSX.V:SVL) ( NYSE MKT: SVLC) ("SilverCrest" or the "Company") is pleased to announce that it has completed the Preliminary Economic Assessment ("PEA") for its La Joya Silver Copper Gold Project ("La Joya") located in Durango, Mexico. Summaries of the current resources used for the PEA, a preliminary Life of Mine Plan (LOMP), operating costs, capital costs and project economics are presented in tables below. A Technical Report compliant with NI 43-101 is being completed by EBA Engineering Consultants, a Tetra Tech Company (EBA) with an effective date of September 23, 2013 to be filed within 45 days of this release. All currency values are presented in US$ unless otherwise specified.

N. Eric Fier, President & COO stated, "The positive results of this PEA will enable us to plan the next steps, establish achievable milestones and identify additional studies and analyses to optimize the project economics. We have engaged extensively with local communities at this early stage of the La Joya project development, emphasizing the importance of building collaborative, long term and sustainable relationships with all stakeholders."
The PEA focuses on the first stage of La Joya development ("Starter Pit") as a low strip, open pit with an initial 9 year life of mine plan ("LOMP") and opportunities for expansion. This approach provides attractive economic returns using conservative metal price estimates and lower initial capital costs, which are more attractive in the current market. The conceptual open pit operation would be in conjunction with a 5,000 tonnes per day (tpd) conventional mill and flotation/leaching plant to produce a high grade silver-copper concentrate with gold credits. The Starter Pit will have a conceptual average annual production of 3.9 million silver equivalent (AgEQ)* ounces per year and approximately 5 million ounces AgEQ* per year for each of the first 4 years of operation. An expansion of the Starter Pit to include additional resources within a larger pit would then be contemplated.
The Company cautions that the PEA is preliminary in nature in that it is based on Inferred Mineral Resources which are considered too speculative geologically to have the economic considerations applied to them that would enable them to be characterized as mineral reserves, and there is no certainty that the PEA will be realized. Mineral resources that are not mineral reserves do not have demonstrated economic viability.
HIGHLIGHTS OF THE PRELIMINARY ECONOMIC ASSESSMENT
The PEA incorporated Base Case metal prices of $22/oz Ag, $3/lb Cu and $1200/oz Au (5 year historical average). Highlights of the Base Case economic estimates for the Starter Pit are as follows:
  • Pre-tax NPV5% of $133 million and an Internal Rate of Return ("IRR") of 30.5%
  • Pre-tax NPV5% of $156 million and IRR of 34% using current metal prices of $21.93/oz Ag, $1316.25/oz Au and $3.27/lb Cu (as of 18/10/2013)
  • After-tax NPV5% of $93 million and an IRR of 22%
  • Payback period of approximately 2 years on initial capital
  • Pre- production capital costs of $141 million including contingencies of $17 million
  • Sustaining capital is estimated at $8 Million
  • Cash operating costs for the first three years average $10 per ounce AgEQ* and $13 per ounce AgEq* for the 9 years Starter Pit
  • Pre-tax undiscounted operating cash flow before capital expenditures totalling $342.5 million at an average of $38 million per year with the first four years averaging $60 million per year
  • A 9 year LOMP with 15.5M tonnes grading 50g/t Ag, 0.33%Cu and 0.19 g/t Au
  • Life of mine production of an estimated 34.8 million payable AgEQ*ounces, consisting of 19 million ounces of silver and 53 thousand ounces of gold and 93 million pounds of copper in concentrate, and
  • Production of an attractive high grade silver-copper concentrate (averaging 35% Cu and 4kg/t Ag) with a gold by- product.
* Silver equivalency for the PEA includes silver, gold and copper and excludes lead, zinc, molybdenum and tungsten values. The Price Ratio for Ag:oz Au is (54.4:1), lb Cu:oz Ag is (7.3:1), both based on 5 year historic metal price trends of US$22/oz silver, US$1200/oz gold, US$3/lbs. copper. Metallurgical recoveries are incorporated in the economic analysis (see Summary of PEA parameters in table below).
Investorideas.com Newswire * Silver equivalency for the PEA includes silver, gold and copper and excludes lead, zinc, molybdenum and tungsten values. Price ratio for Ag: Au is (54.4:1), Ag:Cu is (7.3:1), both based on 5 year historic metal price trends of US$22/oz silver, US$1200/oz gold, US$3/lbs. copper. Metallurgical recovery is incorporated as recoverable metal.
The PEA for the Starter Pit reports strong revenues in the initial four years of operations and a decrease in the revenues for subsequent two years due to decrease in the grades. It is anticipated that additional drilling and optimization of the mine schedule could improve these results based on the presence of high grade material in some sectors of the deposit which may ultimately be incorporated into the mine plan.
Sensitivity analyses were completed by adjusting commodity prices, the results of which are presented in the following graph.
To view the graph, please click on the following link: http://media3.marketwire.com/docs/svl1021-Graph.pdf.
The Starter Pit economics are more sensitive to silver and copper price, as they represent 55% and 36% of the total revenues respectively under the base case scenario. Each 10% increment in metal prices from the base case changes the pre-tax NPV by approximately $60 million and the IRR by approximately 8%.
PEA CAPITAL COSTS
EBA completed detailed cost estimates for the mine and processing plant based on preliminary vendor quotes, contract mining and similar projects recently completed in Mexico. Pre-production capital costs are estimated to total US$141 million including a $17 million contingency using an open pit mine contractor. This includes development of the project over a period of 1.5 years including initial mining for one year before start-up of operations. The La Joya property has excellent infrastructure to keep capital costs reasonable with a nearby international airport, highways, railway, main power grid and lines, several operating mines and communities with available workforce. The pre-production capital costs from the PEA are summarized below.
Investorideas.com Newswire Provisions for $8 million of working capital and $6 million in mine closure have been made as part of the economic analyses in the PEA.
PEA STUDY PARAMETERS
The PEA has incorporated the following operational and economic parameters used in the Net Smelter Return Model ("NSR") for the silver-copper-gold concentrate and also gold-silver dore production model from tailings leaching.
Investorideas.com Newswire No smelter penalty charges for deleterious metals were applied to the concentrate for the PEA. The study assumes that silver copper concentrate will be shipped overseas by trucking from site to a port in Mexico which is the most used route for concentrate producers in operation near La Joya.
PROCESSING & METALLURGY
The most recent metallurgical studies indicate that a conventional flotation circuit will potentially recover a high grade silver copper concentrate with gold credits. Depending on mineralization style and conditioning applied on the ALS locked cycle flotation tests, preliminary metal recoveries to the third cleaner concentrates range from 82.7 to 86.7% Cu, 76.7 to 84.3% Ag, and 18.2 to 42.4% Au for Manto and Structure composites. A gold leaching circuit with potential to recover 90% of gold and silver from the tailings to produce metal dore has also been incorporated in the PEA.
Investorideas.com Newswire The bulk silver copper concentrates from preliminary results produced from Manto and Structure composites show certain potentially deleterious elements for smelting such as arsenic, antimony and bismuth. Adding cyanide at cleaner flotation stages reduces the arsenic content to acceptable market limits without sacrificing copper, silver and gold recoveries. Additional test work is in progress to assess the distribution, concentration and potential reduction of antimony and bismuth.
LA JOYA RESOURCES
The La Joya mineral deposit is defined as a silver copper-gold skarn with disseminated to semi-massive sulphide (bornite - chalcopyrite) with three main ore types; Mantos, Structures and Contact Zone. The updated Mineral Resource estimations for the La Joya Project provided estimated Inferred Resources of 126.7 million tonnes grading 23.5 gpt Ag, 0.19%Cu and 0.17 gpt Au containing 198.6 million ounces of silver, 533 million pounds of copper and 95,900 ounces of gold. These resource estimates were announced by news release dated January 29, 2013 and are contained in a technical report dated March 27, 2013 titled "Updated Resource Estimate for the La Joya Property, Durango, Mexico" and are the basis for the PEA.
Investorideas.com Newswire * Silver equivalency for the resource estimation filed on March 27th, 2013 includes silver, gold and copper and excludes lead, zinc, molybdenum and tungsten values. Ag:Au is 50:1, Ag:Cu is 86:1, based on 5 year historic metal price trends ofUS$24/oz silver, US$1200/oz gold, US$3/lb copper. 100% metallurgical recovery is assumed. Classified by EBA, a Tetra Tech Company and conforms to NI 43-101 and CIM definitions for resources. All numbers are rounded. Inferred Resources have been estimated from geological evidence and limited sampling and must be treated with a lower level of confidence than Measured and Indicated Resources. Note that AgEQ calculation for resources is different than PEA economic analysis based on change in metal prices. Mineralization boundaries used in the interpretation of the geological model and resource estimate are based on a cut-off grade of 15 g/t AgEq using the metal price ratios described above.
The conceptual first stage for development of La Joya with an initial 9 year Starter Pit uses the 60g/t Ag Eq cut off Inferred Resource for Manto and Structure Zones representing mineralized zones close to the surface. The PEA conceptual open pit and economic analysis excludes the Contact Zone, Santo Nino and Cerro Coloradito resources which are included in the above table.
The Contact Zone resources, not incorporated in the PEA, contains consistent Tungsten mineralization which is currently the subject of additional studies aimed at definition of preliminary economic parameters to be integrated in future assessment of the La Joya Project.
PEA POTENTIAL PRODUCTION
The Whittle Pit analysis examined the NPV of 41 potential pits utilizing a 5,000 tpd operational capacity. The optimum pit is #31 with the highest NPV(see Table below) producing a 15.8 years LOMP, but it did not meet the criteria established for a Starter Pit with low strip ratio (less than 3:1) and reasonable capital costs. On this basis the selected pit for mine design & scheduling was Pit # 18.
Investorideas.com Newswire * 41 Optimized pit shells have been generated by keeping the parameters used for the Whittle optimization constant (Operating Costs, Metallurgical Recoveries, Pit Slope Angles and Discount Factor) and by varying the Revenue using a range of metal prices illustrated in the table above.
The optimal mine scheduling incorporates, mining ore and waste in the year-1 grade optimization and stockpiling of material for reprocessing during the project life. is The production scheduling (Mill Feed Tonnes & grades) is illustrated as follows:
Investorideas.com Newswire The 5,000 tpd processing plant will be comprised of crushing, milling and standard flotation facilities with production of a silver-copper concentrate as well as a gold-silver leaching circuit for re-treatment of tailings. The PEA adopted as a guideline a mitigation of environmental and social impact by minimizing the footprint of all proposed operational facilities in the region.
PEA OPPORTUNITIES AND FUTURE STUDIES
Several opportunities are identified that could significantly enhance the economic return outlined in the PEA, including the following:
  • The current Inferred Resources at La Joya provide opportunity for significant project expansion,
  • Mineralization at La Joya is open in most directions with excellent potential to further increased resources. Further infill and expansion drilling is recommended to reclassify resources at a Pre-Feasibility Study level,
  • Additional and detailed metallurgical test work will be completed aiming to optimize the metallurgical flow sheet and potentially improve metal recoveries,
  • Review and optimization of the mining schedule could potentially provide opportunities for reduction in waste and haulage costs which could decrease capital and operating mining costs,
  • This PEA does not address the potential for recovery of several other identified potential products including tungsten, molybdenum, lead, zinc, and tin which may have significant value. Further work is recommended, and
  • Several other targets have been identified on the plus 10,000 hectare concession that remain to be explored for potential new discoveries.
The Qualified Persons for this Technical Report and who have reviewed and approved the contents of this news release are Mark Horan, M.Sc., P.Eng., James Barr, P.Geo., Scott Martin, P.Eng. and Graham Wilkins, P.Eng. from the consulting firm of EBA, a Tetra Tech Company, and Ting Lu, M.Sc., P.Eng., Hassan Ghaffari, MASc., P.Eng., Sabry Abdel-Hafez, PhD., P.Eng. and Nick Michael from Tetra Tech. The Technical Report for the PEA will be filed on SEDAR with 45 days of this release.
SilverCrest Mines Inc. (TSX VENTURE:SVL)(NYSE MKT:SVLC) is a Canadian precious metals producer headquartered in Vancouver, BC. SilverCrest's flagship property is the 100%-owned Santa Elena Mine, located 150 km northeast of Hermosillo, near Banamichi in the State of Sonora, México. The mine is a high-grade, epithermal silver and gold 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 open pit heap leach facility at the Santa Elena mine should recover approximately 625,000 ounces of silver and 33,000 ounces of gold in 2013. Major expansion and construction of a 3000 tonnes per day conventional mill facility is underway to significantly increase metals production at the Santa Elena Mine (open pit and underground) by 2014. Exploration programs continue to make new discoveries at Santa Elena and also have rapidly advanced the definition of a large polymetallic deposit at the La Joya property in Durango State with stated resources nearing 200 million ounces of Ag equivalent.
FORWARD-LOOKING STATEMENTS
This news release contains "forward-looking statements" within the meaning of Canadian securities legislation and the United States Securities 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 the Company's status as a foreign private issuer in the United States; 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.
N. Eric Fier
N. Eric Fier, President and COO
SILVERCREST MINES INC.
Contact:
SilverCrest Mines Inc.
Fred Cooper
(604) 694-1730 ext. 108
Toll Free: 1-866-691-1730
(604) 694-1761
info@silvercrestmines.com
www.silvercrestmines.com
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.
Published at Investorideas.com Newswire
Disclaimer / Disclosure : The 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. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure: SilverCrest Mines has compensated Investorideas.com for the distribution and publishing of this news release (annual news publication 9700) http://www.investorideas.com/About/Disclaimer.asp
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

Friday, October 18, 2013

Mining Stock Alert: DNA Precious Metals Inc. (OCTQB: DNAP) Submits Restoration Plan with the Quebec Ministry of Natural Resources

Montreal, Canada - October 18, 2013 (Investorideas.com Mining stocks newswire) DNA Precious Metals Inc. ("DNA" or "the Company") (OCTQB:DNAP) is pleased to announce that it has submitted a Restoration Plan with the Quebec Ministry of Natural Resources located in Canada. More specifically, the Restoration Plan deposited with the Quebec Ministry of Natural Resources targets the restoration of the mining residues identified as Anacon 1 covering an area of approximately 7 hectares on the Montauban Mine Property located in the Montauban and Chavigny townships near Grondines-West in the Portneuf County, Quebec, Canada. DNA Precious Metals Inc. presently has mining rights on the Monatuban Mine Property covering an area of approximately 340 hectares.

The submission of the restoration plan to the Ministry of Natural Resources will take DNA Precious Metals Inc. one step closer to processing the Anacon 1 mining residues, on which a National Instrument 43-101 resource estimate published by Yves Gagnon Engineer, Geologist indicated a measured resource of approximately 428 252 tons. The National Instrument 43-101 further indicates the actual market value of the Anacon 1 mining residues insitu is of at least 32 million dollars with the potential of increasing this value with the mica.
Ronald Mann, President and CEO stated; "The submission of the Montauban Mining Restoration Plan marks a very important milestone for DNA Precious Metals Inc. as the Company prepares itself to go into production. Our investment and collaboration with the Quebec Government will facilitate that our project is on track to meet its deadline of having the mine fully commissioned by the Spring of 2014. I would like to send my deepest appreciation to the Quebec Ministry of Natural Resources and to everyone on our team and who have all worked so hard in maintaining our objectives."
About DNA Precious Metals, Inc.
DNA Precious Metals, Inc. is focused on near term production of the Montauban tailings mine in the Province of Quebec, Canada with an aggressive search for economic production assets. The company trades on the OTCQB market in the United States under the stock symbol DNAP. For more information, please go to   www.DNAPreciousMetals.com .
On behalf of the Board
Ronald K. Mann, CEO
Forward Looking Disclaimer
This release contains forward-looking statements that involve risks and uncertainties. Readers are referred to the Securities and Exchange Commission filings filed by the Company on EDGAR at www.sec.gov/edgar.shtml, specifically the most recent reports which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. The Company undertakes no obligation to review or confirm analysts' expectations or estimates or to publicly release any revisions to any forward-looking statements. The information contained in this press release should not be construed as any indication of the Company's future stock price, its revenues or results of operations.
CONTACT INFORMATION
Ronald Mann, CEO
DNA Precious Metals Inc.
ronald.mann1@dnapreciousmetals.com
Twitter: www.twitter/dnametals
Facebook: www.facebook.com/dnametals
INVESTOR RELATIONS
Stuart T. Smith, CEO
SmallCapVoice.Com, Inc.
ssmith@smallcapvoice.com
Tel: +1-(512)-267-2430
Skype: SmallCapVoice.com
Disclaimer/ Disclosure:The Investorideas.com newswire is a third party publisher of news and research as well as creates original content as a news source. Original content created by investorideas is protected by copyright laws other than syndication rights. Investorideas is a news source on Google news and Linkedintoday plus hundreds of syndication partners. Our site does not make recommendations for purchases or sale of stocks or products. 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 investment. This site is currently compensated by featured companies, news submissions, content marketing and online advertising. Contact each company directly for press release questions. Disclosure is posted on each release if required but otherwise the news was not compensated for and is published for the sole interest of our readers. Investorideas is compensated by DNAP for news and content publication and syndication ( October 2013 - five thousand for one month of news distribution on Investor ideas news wire ) More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp
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. Global investors must adhere to regulations of each country.

Tuesday, October 15, 2013

Mining Stock Alert: SilverCrest (TSX.V: SVL) (NYSE MKT: SVLC) Announces Q3 Record Silver Production 202,736 Ounces Silver-7,194 Ounces Gold

Vancouver, British Columbia - October 15, 2013 (Investorideas.com Mining Stocks Newswire) SilverCrest Mines Inc. (TSX.V:SVL) ( NYSE MKT: SVLC) is pleased to announce production numbers for the third quarter of 2013 from its 100% owned Santa Elena Mine located in Sonora, Mexico.

Production Highlights of Q3, 2013 vs Q2, 2013;
  • Record silver production of 202,736 ounces; a 4% increase.
  • Gold production of 7,194 ounces; a 4% decrease.
  • Silver equivalent(1) production of 642,877 ounces; a 3% decrease.
  • Waste to ore ratio was consistent with the mine plan at 1.34; a 47% decrease.
  • Ore Tonnes crushed decreased 18% to 251,374 tonnes with throughput averaging 2,732 tpd.
  • Average grades loaded on pad increased significantly by 26% for silver and 10% for gold.
N. Eric Fier, President and COO stated; "Santa Elena continued its solid operating performance during the third quarter closely matching our projections. For the first nine months of 2013, silver production was 550,239 ounces and gold production was 21,881 equaling 1.87 million ounces AgEQ(1). We maintain our expectation that full year production will meet original guidance of 2.44 million silver equivalent ounces (55:1 Ag:Au), comprised of 725,000 ounces of silver (revised from 625,000 ounces) and 30,000 ounces of gold (revised from 33,000 ounces). Our continued effective efforts at controlling costs will ensure we maintain 2013 market guidance cash cost at or below US$8.50 per silver equivalent ounce with positive cash flow from operations at current metal prices."
Investorideas.com Newswire Higher grades mined and crushed (1.63 gpt Au and 83.2 gpt Ag) in Q3 should be reflected in Q4 ounces produced with a current leach cycle lag time on the pad of 30 to 60 days based on increasing pad height. Silver grades continue to increase and gold grades remain consistent with depth. In Q3, the internal cutoff grade for open pit ore was maintained at 0.49 g/t AuEQ (metal spot prices and applicable metallurgical recoveries) to reflect current metal prices. A total of 11,620 tonnes of underground ore were crushed in Q3 at an average grade of 0.87 g/t Au and 123 g/t Ag.
Total and average throughput of ore at the crusher decreased due to adverse weather (rainy season), longer hauls from the pit bottom and contractor equipment availability.
Base on the first three quarters of 2013, production market guidance has been revised to reflect continued record silver production and a decrease in gold production. Silver guidance is increased from the original 625,000 to 725,000 and gold is decreased from 33,000 to 30,000 for an unchanged silver equivalent of 2.44 million ounces (55:1 Ag:Au).
Q3 2013 Santa Elena Expansion Update:
  • The Santa Elena Expansion is currently on time and budget (+/- 5%) with scheduled initial mill start up in January 2014 and subsequent commissioning thereafter.
  • 80% of the budgeted 2013 capital cost of US$65M has now been committed.
  • The 3,000 tpd mill and CCD/MC processing plant is 67% physically complete. All major equipment except the ball mill is on site. Anticipate ball mill delivery in November. Concrete work is at 95% complete, Crusher installation is 70% complete, Reclaim Tunnel is 95% complete, CCD circuit and thickeners are 90% complete, Filter presses are 15% complete, MC is 15% complete, Genset power house is 40% complete, major structure is 50% complete. Refer to www.silvercrestmines.com for detailed construction photos.
  • Underground works for the quarter primarily consisted of mobilization of a new u/g contractor, ramp reconditioning in preparation for continued decline work, and continual pumping of u/g water at an average estimated rate of 300-350 gpm.
  • A permit was submitted to the Mexico government for upgrading onsite power generation. Receipt of permit is anticipated prior to mill start up. Permitting for use of underground water for processing purposes and other matters is underway.
  • A planned 1,500 metres underground drill has been completed to assist with detailed design of initial production stopes. Mining of these stopes is anticipated in late 2014. Drill results to be reported separately.
Third Quarter Financial Results Release:
The Company plans to issue its third quarter financial results on Thursday, November 14, 2013.
The Qualified Person under NI 43-101 for this News Release is N. Eric Fier, CPG, P.Eng, President and Chief Operating Officer for SilverCrest Mines Inc., who has reviewed and approved its contents.
SilverCrest Mines Inc. (TSX VENTURE:SVL)(NYSE MKT:SVLC) is a Canadian precious metals producer headquartered in Vancouver, BC. SilverCrest's flagship property is the 100%-owned Santa Elena Mine, located 150 km northeast of Hermosillo, near Banamichi in the State of Sonora, México. The mine is a high-grade, epithermal silver and gold 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 open pit heap leach facility at the Santa Elena mine should recover approximately 625,000 ounces of silver and 33,000 ounces of gold in 2013. Major expansion and construction of a 3000 tonnes per day conventional mill facility is underway to significantly increase metals production at the Santa Elena Mine (open pit and underground) by 2014. Exploration programs continue to make new discoveries at Santa Elena and also have rapidly advanced the definition of a large polymetallic deposit at the La Joya property in Durango State with stated resources nearing 200 million ounces of Ag equivalent.
FORWARD-LOOKING STATEMENTS
This news release contains "forward-looking statements" within the meaning of Canadian securities legislation and the United States Securities 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 the Company's status as a foreign private issuer in the United States; 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.
N. Eric Fier
N. Eric Fier, President and COO
SILVERCREST MINES INC.
Contact:
SilverCrest Mines Inc.
Fred Cooper
(604) 694-1730 ext. 108
Toll Free: 1-866-691-1730
(604) 694-1761
info@silvercrestmines.com
www.silvercrestmines.com
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.
Published at Investorideas.com Newswire
Disclaimer / Disclosure : The 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. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure: SilverCrest Mines has compensated Investorideas.com for the distribution and publishing of this news release (annual news publication 9700) http://www.investorideas.com/About/Disclaimer.asp
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

Thursday, October 10, 2013

Mining Stock Alert: Grass Roots Research and Distribution Inc. Releases Research Report on DNA Precious Metals Inc. (OCTQB: DNAP)

Montreal, Canada - October 10, 2013 (Investorideas.com Mining stocks newswire) DNA Precious Metals Inc. ("DNA" or "the Company") (OCTQB: DNAP) announces that Grass Roots Research and Distribution Inc. ("Grass Roots"), an investment advisor and one of Wall Street's leading fundamental research firms, has published a 45 page research report on DNA Precious Metals Inc which allows investors to gain a clear understanding of the company's potential.

The report can be accessed at: http://www.dnapreciousmetals.com/reports.
The September 27, 2013 report, references, among other things, "DNA Precious Metals, Inc. provides considerable value by targeting past producers with good recovery potential and its ability to lower the cost of production by efficient exploitation of resources. The Company has a simple business model that is easy to follow. Competent management is expected to produce high returns for the investors. Quality assets, excellent cash position, superior business model, experienced management and attractive gold market dynamics are all contributors to future success. Our conservative estimates forecast revenues to grow from $0.3 million in FYE December 31, 2013 to approximately $29.3 million by FYE 2018. Based on these projections and provided that the Company raises $9.0 million in capital, the Cohen Target Price is 118.7% higher than the current price."
"We were delighted to receive a research report recommending DNAP," said Mr. Ronald Mann, CEO. "The report reflects a great deal of due diligence on the part of Grass Roots and details the Company's strategy and opportunities going forward. We appreciate the confidence and conclusions that Grass Roots draws from this information."
With a "buy" recommendation, the Cohen Price Index Target is calculated using 2013 Price-to-Earnings ratio (P/E), Cohen Price-to-Capital Employed ratio (P/CE), Cohen Discounted Cash Flow (DCF). The P/E and P/CE are based on market multiples and representative of the broader industry in which the Company operates. Based on these methods, the Cohen Price Index Target on DNA common stock at $0.81 per share.
Grass Roots Research and Distribution
Led by Paul Cohen, Grass Roots Research and Distribution is one of Wall Street's leading Independent micro-cap research firm, concentrating on emerging companies with strong management teams focused on shareholder value and sustainable competitive advantage. As founder of Bear Stearns Western Regional Offices, Paul Cohen was one of the original 12 Dirty Dozen analysts, regarded by many to be the top 12 security analysts in the nation. Mr. Cohen was also the West Coast Senior Vice President of CBWL-Hayden Stone-American Express. Mr. Cohen's partners were Sanford I. Weill (past Chairman and CEO of CitiGroup and past Chairman of Solomon Smith Barney) and Arthur Levitt (past Chairman of the SEC).
Cohen Independent Research Group includes nine PhDs, two MDs, six CFAs, three with CPAs and 21 analysts covering most industries. The backbone of the fundamental research targeted at stock investment includes investigative research into significant corporate events, thorough review of SEC filings, in depth financial analysis, valuations, and management profiles. For more information visit http://www.grassrootsrd.com.
About DNA Precious Metals, Inc.
DNA Precious Metals, Inc. is focused on near term production of the Montauban tailings mine in the Province of Quebec, Canada with an aggressive search for economic production assets. The company trades on the OTCQB market in the United States under the stock symbol DNAP. For more information, please go to   www.DNAPreciousMetals.com .
On behalf of the Board
Ronald K. Mann, CEO
Forward Looking Disclaimer
This release contains forward-looking statements that involve risks and uncertainties. Readers are referred to the Securities and Exchange Commission filings filed by the Company on EDGAR at www.sec.gov/edgar.shtml, specifically the most recent reports which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. The Company undertakes no obligation to review or confirm analysts' expectations or estimates or to publicly release any revisions to any forward-looking statements. The information contained in this press release should not be construed as any indication of the Company's future stock price, its revenues or results of operations.
CONTACT INFORMATION
Twitter: www.twitter/dnametals
Facebook: www.facebook.com/dnametals
INVESTOR RELATIONS
Stuart T. Smith, CEO
SmallCapVoice.Com, Inc.
ssmith@smallcapvoice.com
Tel: +1-(512)-267-2430
Skype: SmallCapVoice.com
Disclaimer/ Disclosure:The Investorideas.com newswire is a third party publisher of news and research as well as creates original content as a news source. Original content created by investorideas is protected by copyright laws other than syndication rights. Investorideas is a news source on Google news and Linkedintoday plus hundreds of syndication partners. Our site does not make recommendations for purchases or sale of stocks or products. 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 investment. This site is currently compensated by featured companies, news submissions, content marketing and online advertising. Contact each company directly for press release questions. Disclosure is posted on each release if required but otherwise the news was not compensated for and is published for the sole interest of our readers. Investorideas is compensated by DNAP for news and content publication and syndication ( October 2013 - five thousand for one month of news distribution on Investor ideas news wire ) More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp
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. Global investors must adhere to regulations of each country.

Tuesday, October 08, 2013

Mining Stock Alert: DNA Precious Metals, Inc. (OCTQB: DNAP) Announces Launch of Corporate Video

Montreal, Canada - October 8, 2013 (Investorideas.com Mining stocks newswire) DNA Precious Metals Inc. ("DNA" or "the Company") (OCTQB: DNAP) is pleased to announce the launch of its corporate video outlining the Company’s focus on gold/silver tailings mining in Montauban, Quebec, Canada. To view the video, please visit www.DNAPreciousMetals.com. The company website offers a user-friendly interface to easily locate information on all topics relevant to the Company. Visitors to the website will learn about industry specific developments and how DNA is positioning itself to address the dynamic gold/silver tailings market.

The website also features the latest corporate news and the ability for visitors to interact with the Company's investor relations team, including the ability to register to receive updates directly from the Company. Management takes this opportunity to remind investors/shareholders that our website will be an important tool for keeping the investment community up to date as the Montauban story develops. DNA will continuously update the website to ensure that its contents remain current and useful to our investors. In addition to news releases, corporate and project information, we invite investors and shareholders to send their emails to ir@DNAPreciousMetals.com to be added to the company's email database for future updates.
"We are very excited about our new corporate video - a true portrayal of the DNA Precious Metals team and their operations in Quebec, Canada. We recognize that not all of our investors/shareholders have the opportunity to visit our mining facilities. This video allows everyone to see first-hand what the company has envisioned for the future, and to meet the strong leadership team that makes DNA an industry innovator," Ronald Mann, CEO.
About DNA Precious Metals, Inc.
DNA Precious Metals, Inc. is focused on near term production of the Montauban tailings mine in the Province of Quebec, Canada with an aggressive search for economic production assets. The company trades on the OTCQB market in the United States under the stock symbol DNAP. For more information, please go to   www.DNAPreciousMetals.com .
On behalf of the Board
Ronald K. Mann, CEO
Forward Looking Disclaimer
This release contains forward-looking statements that involve risks and uncertainties. Readers are referred to the Securities and Exchange Commission filings filed by the Company on EDGAR at www.sec.gov/edgar.shtml, specifically the most recent reports which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. The Company undertakes no obligation to review or confirm analysts' expectations or estimates or to publicly release any revisions to any forward-looking statements. The information contained in this press release should not be construed as any indication of the Company's future stock price, its revenues or results of operations.
CONTACT INFORMATION
Twitter: www.twitter/dnametals
Facebook: www.facebook.com/dnametals
INVESTOR RELATIONS
Stuart T. Smith, CEO
SmallCapVoice.Com, Inc.
ssmith@smallcapvoice.com
Tel: +1-(512)-267-2430
Skype: SmallCapVoice.com
Disclaimer/ Disclosure:The Investorideas.com newswire is a third party publisher of news and research as well as creates original content as a news source. Original content created by investorideas is protected by copyright laws other than syndication rights. Investorideas is a news source on Google news and Linkedintoday plus hundreds of syndication partners. Our site does not make recommendations for purchases or sale of stocks or products. 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 investment. This site is currently compensated by featured companies, news submissions, content marketing and online advertising. Contact each company directly for press release questions. Disclosure is posted on each release if required but otherwise the news was not compensated for and is published for the sole interest of our readers. Investorideas is compensated by DNAP for news and content publication and syndication ( October 2013 - five thousand for one month of news distribution on Investor ideas news wire ) More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp
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. Global investors must adhere to regulations of each country.

Monday, October 07, 2013

Mining Stock Alert: DNA Precious Metals, Inc. (OCTQB: DNAP) Announces New Directors

Montreal, Canada - October 7, 2013 (Investorideas.com Mining stocks newswire) DNA Precious Metals Inc. ("DNA" or "the Company") (OCTQB: DNAP), at the Meeting of the Board of Directors on August 12, 2013 appointed G.E. (Ted) Creber, Q.C,. and Garfield (Gary) J. Last to join Ronald K. Mann on the Board of Directors. With this addition, the DNA Board has two independent directors. All other Directors resigned (as per PR 2013-08-15).

Previously, Mr. Creber was the President/Chief Executive Officer of Consumers Gas Company (n/k/a Enbridge), currently owning and operating Canada’s largest natural gas distribution company located in Toronto, Canada. In 2008 Mr. Creber was a Director of Yukon Gold Corp., a mineral exploration company. Mr. Creber graduated from the University of Toronto with a degree in political science and economics and from Osgoode Hall with a degree in law. He was appointed a Queen’s Counsel in 1965. He has practiced law in the field of corporate and securities law with several major Canadian law firms.
Mr. Last is the President of Mind and Management Corporation, Turks & Caicos, BWI, a company which provides Director and Officer services for Investment Companies resident in the Turks & Caicos Islands, British Virgin Islands and Bermuda. Mr. Last has been a Director and Officer of significant private companies for over 40 years. From 1982 to 1986, Mr. Last was the President and Director of Barrick Gold Corporation, currently the world’s largest gold producer, located in Toronto, Canada. Mr. Last received a Bachelor of Engineering (Chem) Degree from the University of Saskatchewan. He is a Registered Professional Engineer in the Province of Alberta, Canada.
DNA Chairman and CEO Ronald Mann said, "It is a pleasure to welcome Ted and Gary to DNA's Board of Directors. Ted and Gary's experiences with international minerals companies will be a valuable addition to DNA's capabilities to advance our Montauban mining project."
About DNA Precious Metals, Inc.
DNA Precious Metals, Inc. is focused on near term production of the Montauban tailings mine in the Province of Quebec, Canada with an aggressive search for economic production assets. The company trades on the OTCQB market in the United States under the stock symbol DNAP. For more information, please go to   www.DNAPreciousMetals.com .
On behalf of the Board
Ronald K. Mann, CEO
Forward Looking Disclaimer
This release contains forward-looking statements that involve risks and uncertainties. Readers are referred to the Securities and Exchange Commission filings filed by the Company on EDGAR at www.sec.gov/edgar.shtml, specifically the most recent reports which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. The Company undertakes no obligation to review or confirm analysts’ expectations or estimates or to publicly release any revisions to any forward-looking statements. The information contained in this press release should not be construed as any indication of the Company’s future stock price, its revenues or results of operations.
CONTACT INFORMATION
Twitter : www.twitter/dnametals
Facebook : www.facebook.com/dnametals
INVESTOR RELATIONS
Stuart T. Smith, CEO
SmallCapVoice.Com, Inc.
ssmith@smallcapvoice.com
Tel : +1-(512)-267-2430
Skype : SmallCapVoice.com
Disclaimer/ Disclosure:The Investorideas.com newswire is a third party publisher of news and research as well as creates original content as a news source. Original content created by investorideas is protected by copyright laws other than syndication rights. Investorideas is a news source on Google news and Linkedintoday plus hundreds of syndication partners. Our site does not make recommendations for purchases or sale of stocks or products. 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 investment. This site is currently compensated by featured companies, news submissions, content marketing and online advertising. Contact each company directly for press release questions. Disclosure is posted on each release if required but otherwise the news was not compensated for and is published for the sole interest of our readers. Investorideas is compensated by DNAP for news and content publication and syndication ( October 2013 - five thousand for one month of news distribution on Investor ideas news wire ) More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp
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. Global investors must adhere to regulations of each country.

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