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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Thursday, November 03, 2011

TSX Stocks to Watch; Wednesday's Trading Leaders: (TSX:LUN), (TSX: TXG), (TSX: ELR), (TSX: CMK)

November 3, 2011 - Investorideas.com, a leader in sector research for independent investors issues a trading alert for TSX trading leaders for November 02, 2011. The Standard & Poor's/TSX Composite Index bounced back by 126.66 (1.05%) to end the day at 12,241.76.
Lundin Mining Corporation (TSX:LUN) was the most active stock gainer and ended higher by 0.25 (6.74%) to C$3.96 after the company announced the resignation of Mr. Paul Conibear, President and CEO of Lundin Mining Corporation ("Lundin Mining") as a director of the Company, effective October 31, 2011.
Torex Gold Resources Inc (TSX:TXG) added 0.15 (9.87%) to C$1.67 as gold prices climbed with more than 6.84 million shares exchanged hands, compared to its average volume of .58 million shares. The stock has a 52-week range of $1.16-$2.39. Kinross Gold Corporation (Kinross) is engaged in the exploration for, and acquisition, development and operation of, gold-bearing properties in the United States of America, the Russian Federation, Africa and worldwide.
Eastern Platinum Ltd. (TSX ELR) was another notable active stock with the stock closing higher by 0.030 (4.84%) to C$0.65, rebounding from its recent lows. The stock has a 52-week range of $0.55-$1.98.
Cline Mining Corp. (TSX:CMK) climbed 0.07 (3.47%) to C$.09. The stock has a 52-week range of C$0.99-C$5.04. Cline Mining Corporation (Cline) is a Canada-based, development-stage company. The Company, along with its subsidiaries, is engaged in the business of locating and exploring mineral resource properties and developing its existing coal project.
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Wednesday, November 02, 2011

TSX Stocks to Watch; Tuesday's Trading Leaders: (TSX:BBD.B), (TSX: K), (TSX: YRI), (TSX: G)

November 2, 2011 - Investorideas.com, a leader in sector research for independent investors issues a trading alert for TSX trading leaders for November 01, 2011. The Standard & Poor's/TSX Composite Index continued to move lower by 136.96 (-1.12%) to end the day at 12,115.10 as North American markets once again reacted to the Greek debt problems.
All four leaders are continuing gains in early morning trading for Wednesday.
Bombardier, Inc. (TSX:BBD.B) was the most active stock gainer ending higher by 0.03 (0.73%) to C$4.15, off day’s low of $3.95. Bombardier Aerospace confirmed that final results of a three-phase wind tunnel test program provided further validation of the CSeries aircraft's aerodynamic design. They also support design predictions that the CSeries aircraft, optimized specifically for the growing 100- to 149-seat market, will deliver a step-change in fuel efficiency. The wind tunnel tests also contributed to the achievement of optimal integration of Pratt & Whitney's ultra high-bypass ratio (12:1) PurePower® PW1500G engine.
Kinross Gold Corporation (TSX:K) was the another active gainer and added 0.52 (3.66%) to C$14.73 with more than 6.02 million shares exchanged hands, compared to its average volume of 4.46 million shares. The stock has a 52-week range of $13.42-$19.77. The market is expecting Q3 2011 Kinross Gold Corp Earnings Release following today’s market close .
Yamana Gold Inc. (TSX:YRI) was another notable active stock with the stock closing higher by 0.32 (2.15%) to C$15.20. The stock has a 52-week range of $14.40-$15.40..Investors are expecting Q3 2011 Yamana Gold Inc Earnings Release at today’s market close.
Goldcorp Inc. (TSX:G) climbed 1.45 (2.99%) to C$49.95. The stock has a 52-week range of $38.99-$55.93..
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Tuesday, November 01, 2011

TSX Stocks to Watch; Monday's Trading Leaders: (TSX:GCE), (TSX:CMK), (TSX:ML), (TSX:LUN)

November 1, 2011 - Investorideas.com, a leader in sector research for independent investors issues a trading alert for TSX trading leaders for October 31, 2011. The Standard & Poor's/TSX Composite Index ended lower by 267.45 (-2.14%) to end the day at 12,252.06.
Grande Cache Coal Corporation (TSX:GCE) was the most actively traded gainer and ended higher by 4.00 (68.14%) to C$9.87 after Canada's Grande Cache Coal has accepted a C$1 billion ($1 billion) takeover offer from two Asian traders aiming to cash in on rising demand from China's steelmakers.
Cline Mining Corp. (TSX:CMK) added 0.34 (19.21%) to C$2.11 with more than 16.61 million shares exchanged hands, compared to its average volume of 3.35 million shares on news on acquisition of Canadian metallurgical-coal producer Grande Cache Coal Corp. (GCE) for about C$1 billion ($1 billion).
Mercator Minerals, Ltd. (TSX:ML) was another notable active stock with the stock closing higher by 0.03 (1.50%) to C$2.03. 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.
Lundin Mining Corporation (TSX:LUN) fell 0.18 (-4.40%) to C$3.91 after it announced the formal appointment of Mr. Paul Conibear as President and CEO of Lundin Mining. Mr. Conibear has been interim President and CEO of the Company since June 30, 2011.
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Friday, October 28, 2011

TSX Stocks to Watch; Thursday's Trading Leaders: (TSX:SU), (TSX:MFC), (TSX:TCK.B), (TSX:SAS)

October 28, 2011 - Investorideas.com, a leader in sector research for independent investors issues a trading alert for TSX trading leaders for October 27, 2011. The Standard & Poor's/TSX Composite Index ended higher by 279.38 (2.29%) to end the day at 2-month high of 12,465.44 boosted by long-awaited deal by European leaders in order to defend the euro-zone debt crisis.
Energy stock, Suncor Energy Inc. (TSX:SU) was the most actively traded gainer and ended higher by 1.62 (5.20%) to C$32.80 with more than 8.54 million shares exchanged hands, extending its weekly gains to over 7.50% as crude prices continued move higher and close with gains of over 3% to above $93.50. Suncor Energy Inc. said yesterday it will release its third quarter financial results on Thursday, Nov. 3, 2011 at 12:30 a.m. MDT (2:30 a.m. EDT).
Manulife Financial Corp. (TSX:MFC) was the another active gainer and added 0.92 (7.07%) to C$13.94 with more than 7.53 million shares exchanged hands, compared to its average volume of 5.67 million shares. The company is all set to report its third quarter financial results s on the morning of Thursday, November 3, 2011.
Resource stock, Teck Resources Limited (TSX:TCK.B) was another notable active stock with the stock closing higher by 3.02 (8.09%) to C$40.35 after the company said that it earned $742 million, or $1.26 a share on revenue of $3.4 billion in its third quarter, ahead of analysts' estimates of $1.26 a share on revenue of $3.13 billion.
Gold stock, St Andrew Goldfields Ltd. (TSX:SAS) climbed 0.04 (7.40%) to C$580 after the company announced the appointment of Ms. Catherine A. Gignac to its Board of Directors. Ms. Gignac most recently held the position of Managing Director and Analyst with NCP Northland Securities Inc. (formerly Sandfire Securities).
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Thursday, October 20, 2011

Running Fox (TSX.V :RUN) Reports on Drilling to North of High Grade Gold Intercepts

Bulk sample averaged .82 ounce gold and 2.2 ounce silver per ton

Investorideas.com Mining newswire issues  the following gold stock news alert  for Running Fox Resources (TSX-V: RUN), ( OTC :RFXRF)

Wednesday October 20, 2011   Steven Schurman, P. Geol. (US), CEO, Director reports:

Running Fox Resources, TSX-V “RUN”, US OTC “RFXRF” reports that it has completed the first phase of its drill program on the north portion of its high grade Brett Gold Project in southwestern BC.  Assays from this first phase are pending.

The area has significant gold anomalies but until this program had not been drill tested.
The target was the continuation of shear zones that are contiguous to the south which have returned the following prior high grade gold intercepts (generally near surface):

When Investorideas.com asked to the significance of the results and news,  Steven Schurman, P. Geol. (US), CEO, Director noted that “these are very high grade drill intercepts, near surface and with very good road access, infrastructure etc., the bulk sample show many ounces of silver here as well, since the bulk sample averaged .82 ounce gold and 2.2 ounce silver per ton.”

Investor Hi-lights:

*Running Fox Resource Corp. now owns 100% of the advanced and developing Brett Gold and Silver Project in British Columbia, over 50 square kilometres, the majority is royalty free.
*Cash on hand to start drill programs. 53 Million shares outstanding.
*The Company also owns other assets, and has cash flow from oil and gas.

Results:


DH 87-29 interval-    8.62 meters grading 25 grams per tonne gold;

DH 83-16 interval -    33.5 meters grading 2.53 grams per tonne gold;

DH 87-42 interval -    2.74 meters grading 33.94 grams per tonne gold;

DH 87-46 interval -    15.55 meters grading 2.53 grams per tonne gold;

DH 88-02 interval -    25.92 meters grading 1.68 grams per tonne gold;

DH 88-16 interval -    33.53 meters grading 2.53 grams per tonne gold;

DH 88-17 interval -    6.10 meters grading 15.82 grams per tonne gold;

DH 88-22 interval -    27.74 meters grading 2.88 grams per tonne gold;

DH 88-32 interval -    16.76 meters grading 4.66 grams per tonne gold;

DH 93-12 interval -    10.67 meters grading 3.87 grams per tonne gold;

DH 93-17 interval -    3.05 meters grading 56.16 grams per tonne gold;

DH 93-19 interval -    16.76 meters grading 35.79 grams per tonne gold;

DH 04-01 interval-    10.2 meters grading 5.28 grams per tonne gold;

DH 04-02 interval-    11.6 meters grading 10.39 grams per tonne gold.

Note: Source for all prior intercepts are 43-101 Technical Report, and Brett Gold Assessment Report available at  www.foxgold.ca and on SEDAR.

Successful Bulk Sample:
Previous Silver and Gold Bulk Sample Processed by Teck Cominco in Canada, smelter receipts averaged 28 grams per tonne gold, plus 64 grams per tonne silver
See website 3D Geological drillhole movie, 3D Footwall, maps, geochem, and drilling.
Running Fox Resource Corp.  www.foxgold.ca
*Running Fox Resource Corp. now owns 100% of the advanced and developing Brett Gold and Silver Project in British Columbia, over 50 square kilometres, the majority is royalty free.
*Cash on hand to start drill programs. 53 Million shares outstanding.
*The Company also owns other assets, and has cash flow from oil and gas.

On behalf of the Board of Directors: Steven Schurman, P. Geol (US), CEO, Director, and the named Qualified Person for the technical contents of this news release.
604 725 8868    

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Published at Investorideas.com Mining newswire  
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Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. Investorideas.com was paid $300 to distribute the news release for Running Fox Resources, TSX-V “RUN”, US OTC “RFXRF”
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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

TSX Gold Stocks News: Running Fox (TSX.V: RUN) Brett Gold Project Phase One Drilling Complete

October 20, 2011 (Investorideas.com Mining Newswire) - Steven Schurman, P. Geol. (US), CEO, Director, reports:
Running Fox Resources, TSX-V �RUN�, US OTC �RFXRF� reports that it has completed the first phase of its drill program on the north portion of its high grade Brett Gold Project in southwestern BC. Assays from this first phase are pending.
The area has significant gold anomalies but until this program had not been drill tested.
The target was the continuation of shear zones that are contiguous to the south which have returned the following prior high grade gold intercepts (generally near surface) :
DH 87-29 interval- 8.62 meters grading 25 grams per tonne gold;
DH 83-16 interval - 33.5 meters grading 2.53 grams per tonne gold;
DH 87-42 interval - 2.74 meters grading 33.94 grams per tonne gold;
DH 87-46 interval - 15.55 meters grading 2.53 grams per tonne gold;
DH 88-02 interval - 25.92 meters grading 1.68 grams per tonne gold;
DH 88-16 interval - 33.53 meters grading 2.53 grams per tonne gold;
DH 88-17 interval - 6.10 meters grading 15.82 grams per tonne gold;
DH 88-22 interval - 27.74 meters grading 2.88 grams per tonne gold;
DH 88-32 interval - 16.76 meters grading 4.66 grams per tonne gold;
DH 93-12 interval - 10.67 meters grading 3.87 grams per tonne gold;
DH 93-17 interval - 3.05 meters grading 56.16 grams per tonne gold;
DH 93-19 interval - 16.76 meters grading 35.79 grams per tonne gold;
DH 04-01 interval- 10.2 meters grading 5.28 grams per tonne gold;
DH 04-02 interval- 11.6 meters grading 10.39 grams per tonne gold.
Note: Source for all prior intercepts are 43-101 Technical Report, and Brett Gold Assessment Report available at www.foxgold.ca and on SEDAR.
Successful Bulk Sample:
Previous Silver and Gold Bulk Sample Processed by Teck Cominco in Canada, smelter receipts averaged 28 grams per tonne gold, plus 64 grams per tonne silver
See website 3D Geological drillhole movie, 3D Footwall, maps, geochem, and drilling.
Running Fox Resource Corp. www.foxgold.ca
*Running Fox Resource Corp. now owns 100% of the advanced and developing Brett Gold and Silver Project in British Columbia, over 50 square kilometres, the majority is royalty free.
*Cash on hand to start drill programs. 53 Million shares outstanding.
*The Company also owns other assets, and has cash flow from oil and gas.
On behalf of the Board of Directors: Steven Schurman, P. Geol (US), CEO, Director, and the named Qualified Person for the technical contents of this news release.
604 725 8868
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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President of Yale Resources Ltd. (TSX-V : YLL) Discusses His Strategy and Success in Optioning Properties in Recent Q&A

POINT ROBERTS - October 20, 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), discussing the Company’s strategy and success in optioning projects.
Q: Investorideas.com
Ian, Yale Resources currently has eight projects in its portfolio with six optioned out. Can you give us a quick summary of hi-lights of the six deals and what that means to the bottom line?
A: Ian Foreman, P.Geo., President
With these six deals Yale's optionees have commitments of over $1,500,000 in exploration expenditures over the next 12 months.
The bottom line is this - how many Juniors valued where Yale is have that level of expenditures planned for the upcoming year? The list is probably very small… Yale will have multiple projects drilled and have substantial news flow over the coming year.
In addition, having six projects optioned out we will now be on the hunt for additional properties. Yale now has the opportunity to grow considerably over the coming months.
Q: Investorideas.com
When you are looking at optioning out a project, what are you looking for in a potential partner?
A: Ian Foreman, P.Geo., President
This is one of the big differences between Yale and other Project Generators. Yale isn't competing with other companies for partnerships with the large multi-national firms (or Majors) and producers as we tend to option our properties to much smaller companies. As an example, our last deal was with a CPC (or Capital Pool Company) - our third deal with a CPC. By optioning to young aggressive Juniors Yale gets to multiply the benefits of being a shareholder as our optionees may also have successes elsewhere, which allows Yale's stock portfolio to benefit from projects outside of Yale. I would rather have an optionee who's only project or one of a few projects is a Yale property because our properties will then be more important to that company.
Having said that, I wouldn't turn a larger company away!
Q: Investorideas.com
How does this strategy reduce risk for Yale and its investors?
A: Ian Foreman, P.Geo, .President
By definition, our business model (being a Project Generator) reduces the risk for Yale's shareholders as our optionees use their funds to explore our projects and yet our shareholders benefit from any success our optionees have on our projects. In addition, with success in the field, the Market Cap's of our optionees tend to increase and as Yale is a shareholder in our optionees, Yale benefits on that front as well.
A significant additional advantage for Yale's investors is that Yale does not have to constantly dilute its share structure with continuous financings.
Q: Investorideas.com
For the two remaining properties are you looking to enter into similar deals or do you have a different strategy in mind?
A: Ian Foreman, P.Geo., President
Yes, we will always be looking to option out our projects. Yale has a very good 'pipe line' for potential acquisitions but had to throttle back somewhat as we didn't want to have too many non-optioned out properties. We had to be very careful about taking on too many obligations (financially speaking) which meant that we had to wait until the time was right. And that time is now.
Importantly, while we will continue to look for more optionees, we will not be aggressively looking for new properties.
Q: Investorideas.com
In a recent press release you reported that ongoing field work at your Apache Property had identified two strong multi-element soil geochemistry anomalies that coincide with historic workings. Can you give investors a summary of the findings?
A: Ian Foreman, P.Geo., President
The Apache Property is a great example of what a Project Generator does… we acquired a very early stage project (that we own 100%) and we are advancing the project so that it will be attractive to option - we take the higher up front risk in assessing the potential of the property. When we picked up the property all that we knew was that there were some historic workings and that it was in a good area.
We now know that there was actually some drilling done on the property and mapping has uncovered a number of additional showings and workings. The last field program identified two potentially significant soil anomalies that are centred on historic workings. Each time we have worked on the property we have increased its potential. I anticipate that the next phase of work at Apache will continue to do so.
More info on Yale Resources Ltd. (TSX-V - YLL and Frankfurt - YAB)
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Yale Resources Ltd. (TSX-V - YLL and Frankfurt - YAB)
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 totaling 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.
Contact
Ian Foreman
info@yaleresources.com
www.yaleresources.com
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Wednesday, October 19, 2011

Mining and Gold Stocks; YALE (TSX-V: YLL) to Option out Orofino - Six Projects Now under Option

VANCOUVER, British Columbia - October 19, 2011 (Investorideas.com Mining stocks Newswire) - Yale Resources Ltd. (TSX-V: YLL and Frankfurt: YAB) is pleased to report that it has signed and formalized an Option Agreement with Overlord Capital Ltd. � a Capital Pool Company � for Yale's wholly owned Orofino Property located in Sonora State, Mexico. The transaction is intended to be Overlord's "Qualifying Transaction."
Under the terms of the Option Agreement, in order to earn up to a 70% interest in the property, Overlord will be required to pay Yale $100,000, issue to Yale 1,300,000 shares in Overlord, and incur a total of $2,350,000 in exploration expenditures on the Property over a four year period.
Overlord must pay Yale $50,000 and issue 50,000 common shares upon receipt of Venture Exchange approval to the proposed qualifying transaction. Subsequent share issuances of 500,000, 150,000, 350,000 and 250,000 shares on the first, second, third, and fourth year anniversaries will also be due in order to keep the Option Agreement in good standing. The first year's requirement will be $200,000 in exploration expenditures followed by a further $400,000 in the following year, $750,000 in the third year and $1,000,000 in the final year of the Option Agreement. Yale will be the initial operator and will manage exploration on the property.
"With this transaction, Yale continues to prove the merits of its project generator business model. With six projects optioned out, Yale will be extremely busy in the coming months as multiple exploration programs will be running concurrently," stated Ian Foreman, P.Geo., president of Yale.
Tenoriba Property:
The Company would also like to announce that it has dropped the option to earn a 100% interest in the Tenoriba Property located in southwestern Chihuahua State. "Tenoriba had excellent up-side potential, however, due to unpredictable community relations Yale was unable to undertake ongoing exploration in the area and, in turn, attract an optionee for the project," stated Ian Foreman, P.Geo., president of Yale.
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.
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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Wednesday, October 05, 2011

Gold Stocks News; Lomiko (TSX-V: LMR; OTC: LMRMF) Discovers Significant Gold, Silver and Zinc Soil Anomalies at Vines Lake Property; Drill Results Pending

Vancouver, BC - October 5, 2011 (Investorideas.com mining stocks newswire) � LOMIKO METALS INC. (TSX-V:LMR, OTC: LMRMF, Europe: ISIN: CA54163Q1028, WKN: A0Q9W7) (the "Company") is pleased to announce a new discovery of Zinc during the 2011 soil geochemistry survey. The anomalous zone covers a large 108 Hectare area in the southwestern corner of Lomiko's 2011 claim block in the Cassiar District or 'Cassiar Camp'. Rock samples and drill results are pending.
A geochemical soil survey and geological mapping survey was completed over the initial Lomiko Metals' claim block covering a total area of 1,209 Ha. The Vines Lake Property has since been increased to 5,403 Ha. The survey grid covered 75 line kilometers. Soil samples were taken at 50 meter intervals on north-south orientated lines spaced 200 meters apart. Claim boundaries were also sampled.
A total of 1,366 B-horizon soil samples and 74 rock samples were collected and sent in for multi-element ICP analysis to the Stewart Group - Eco Tech Laboratory in Kamloops BC which is now owned by the ALS Minerals based out of Vancouver, BC.
Soil analyses results have outlined numerous anomalous gold values up to 0.279 g/t mostly on the eastern side of the property adjacent to China Minerals Mining's Table Mountain Gold property. Silver anomalies, also seen on the eastern portion of the property and not always coincident with gold anomalies included results up to 19.50 g/t.
Numerous Barium and Bismuth anomalies are outlined, with results returning values up to 1413 ppm and 3.48 ppm respectively.
Zinc values in soil, on the western side of Vines Lake were by far the most anomalous on the property with values reported up to 2,429 ppm. One anomalous zone on the west side of the property measures 108 Ha with an average Zn value of 430 ppm.
The company focused efforts on a large data collection program that would identify new high-grade gold vein systems and other intrusion related mineralization in proximity to the Cassiar Batholith and its associated boundary contacts, over which Lomiko's Vines Lake property claims are located.
Cassiar Area Highlights:
  • A new company with Chinese investors known as China Minerals Mining Corporation is located adjacent to the property.
  • A fully permitted 270 tonne per day, gravity and flotation mill, power plant, assay laboratory and tailings impoundment facility is owned by China Minerals.
  • Approximately 316,000 ounces of gold have been produced at the adjacent Table Mountain Mine from 1979-2007 under various companies.
  • Current Resource Estimates for the Table Mountain Mine are 21,471 tonnes grading 18.02 g/t indicated and 65,757 tonnes grading 24.3 g/t inferred were reported at the adjacent property in the May, 2010 NI43-101 Technical Report on the Table Mountain Property by C. Pearson and F.J. Bakker.
Vines Lake Highlights:
  • The Vines Lake Property is located approximately two kilometres southwest of the former Erickson gold mine.
  • Two significant anomalies have been identified by geophysical surveys.
  • The claims cover formations of the Sylvester group, which are known to contain productive zones of gold mineralization in the area.
  • The Eastern side of the sample area hosts gold and silver soil anomalies
  • The Western side of the sample area hosts zinc, barium and bismuth anomalies.
  • Highway 37 N bisects the property north to south providing excellent year-round access.
Mr. Garth Kirkham, P.Geo is a Director of Lomiko Metals Inc. in addition to being the Qualified Person for the Vines Lake Project and has reviewed the technical data in this news release.
On behalf of Lomiko Metals Inc,
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.
Contact:
647-607-6023
Bay Street Connect
info@lomiko.com
Lomiko Metals Inc.
www.lomiko.com
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