Tuesday, February 07, 2012

Mining Stocks; YALE (TSX-V: YLL) DRILLS 10.5 m AVERAGING 1.04 % COPPER AT DOS NACIONES

VANCOUVER - February 7, 2012 (Investorideas.com Mining stocks Newswire) - Yale Resources Ltd. (TSX-V: YLL, OTCBB: YRLLF, and Frankfurt: YAB) is pleased to report that it has received results for the three holes, drilled on behalf of its optionee Del Toro Silver Corp. (DTOR � OTCBB), at the Dos Naciones property, located in Sonora State, Mexico.
Drilling at Dos Naciones was successful in confirming the presence of multiple outcropping skarn targets. Drilling in the strongly altered and fractured ground proved very difficult and each of the three holes was terminated before reaching the target depth due to technical reasons.
The table below summarizes the results received:
Investorideas.com Newswire Drill holes D2N-01 and D2N-02 were drilled into and beside, respectively, the La Espanola skarn target, a prominent ridge that is host to numerous historic workings. In addition to the average of 1.04 % copper and 33.3 g/t silver, drill hole D2N-01 intersected an average of 20.7 % iron (using a top cut of 25%) over 10.5 metres from surface. A second zone of mineralization grading 1.5 g/t gold and 88.3 g/t silver over 0.75 m was intersected at a depth of 29.70 m, indicating the potential for additional targets at depth. Drill hole D2N-02 was collared in strongly altered andesitic volcanics with 1 to 3 percent disseminated sulphides but was lost at 12 m before intersecting the target at depth.
Drill hole D2N-03 was drilled into the Dos Naciones Este target, located approximately 2.5 km southwest of drill holes D2N-01 and 02. Hole D2N-03 was collared in an outcrop of skarn and intersected 10.0 m of skarn mineralization averaging 0.76 % copper and 9.3 g/t silver from a depth of 4.5 metres below a zone of very poor recovery.
The size of these targets has yet to be fully tested and as a result Yale is recommending additional drilling at Dos Naciones. Del Toro must spend a total of $800,000 at Dos Naciones prior to July 7, 2013 to earn a 70% interest in the property.
About Yale Resources:
Yale Resources utilizes the project generator business model to maximize its exposure to discovery while minimizing shareholder risk. Yale currently has nine projects in its portfolio of which five are optioned out with commitments totalling approximately $1.3 M in expenditures during the next 12 months. At the same time Yale continues to work on its non-optioned properties as well as reviewing new projects.
Ian Foreman, P.Geo, is Yale�s Qualified Person, according to National Instrument 43-101, for the Dos Naciones properties and is responsible for any technical data mentioned in this news release.
Samples from Dos Naciones were prepared and analyzed by IPL Inspectorate in their facilities in Mexico and Vancouver, respectively. Samples generally consisted of 1-3 kg of material. Gold analyses were performed by 30 gram fire assay with an AA finish. Silver, copper, lead and zinc were analyzed as part of a multi-element ICP package using an aqua regia digestion. Over limit samples with greater than 1% Cu, Pb and Zn were re-analyzed using ore grade detection limits.
On behalf of the Board,
"Ian Foreman"
Ian Foreman, P.Geo.
President
For additional information on Yale Resources please call the Company at 604-678-2531.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Statements in this press release, other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.
Contact:
Yale Resources Ltd.
Ian Foreman
604-678-2531
Visit the YLL showcase profile at Investorideas.com
Request News and Info on YLL
Disclosure, Disclaimer/ Investorideas.com is paid by YLL to publish news and distribute content through Investordeas.com Newswire and its syndicated partners and blogs (five hundred per month)

Tuesday, January 31, 2012

Junior Gold Stocks Alert; SRC (OTCBB: SELR.OB) Announces New Acquisition: Executes LOI to Acquire Billali Gold and Silver Mine

CAMERON PARK, Calif. - January 31, 2012 (Investorideas.com Mining stocks newswire) Steele Resources Corporation (the "Company," "SRC") (OTCBB: SELR.OB) announced today that it has executed a Letter of Intent to purchase the privately owned Billali Gold and Silver Mine, a near term production gold and silver mine located in the Steeple Rock district in New Mexico. The district has several historic mines in the area, and from 1880 to 1991 an estimated 151,000 ounces of gold, 1,200,000 pounds of copper, 5,000,000 pounds of lead, and 4,000,000 pounds of zinc was mined from the district.
The Billali Gold and Silver Mine has 28 completed diamond core drill holes and a complete NI 43-101 Technical Report. The technical report, authored by Dr. Jan Rasmussen, a 40 year industry veteran states, "based on the historical drilling� the Billali mine could produce over 219,000 tons of ore averaging 12.8 ounces of silver per ton and 0.244 ounces of gold per ton."
CEO Scott Dockter stated, "SRC is an aggressive, growth oriented company and this gold and silver mine fits SRC's acquisition model perfectly. It is too small for major precious metals companies to consider it, yet offers significant potential gold and silver deposits, and is to a stage where it can be put into production this calendar year depending on financing availability."
The Billali Gold and Silver Mine is adjacent to the Summit Mine (owned by Santa Fe Gold Corp) which reports its "diluted Probable Reserve" is "618,070 tons grading 0.143 ounces of gold per ton and 10.78 ounces of silver per ton." According to the Technical Report, "Three quartz veins carrying silver and gold mineralization run the length of the Billali patented lode mining claim. The same quartz vein that is currently being mined for silver and gold at the adjacent Summit Mine continues into the Billali patented claim. These mineralized quartz structures are the target of the Billali mine plan."
Additional information, including the NI 43-101 Technical Report for the Billali Gold and Silver Mine, can be found at www.steeleresources.com.
About Steele Resources
Steele Resources Corporation is a precious metals exploration and development company that is working to become an active gold producer through the development of the 1800 acre Mineral Hill Gold Project and recently announced its intent to acquire the Billali Gold and Silver Mine in New Mexico.
Safe Harbor Statement
The matters discussed in this release do not comply with various SEC guides and regulations including SEC Guide 7 and contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended that involve risks and uncertainties. Although Steele Resources Corp. believes that the expectations reflected in such forward-looking statements are reasonable, the forward-looking statements are subject to risks and uncertainties that could cause actual results to differ from those projected. Steele Resources Corp. cautions investors that any forward-looking statements made by Steele Resources Corp. are not guarantees of future performance and that actual results may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those reflected in forward-looking statements include, but are not limited to, risks and uncertainties regarding the actual mineralization of Steele Resources Corp.'s exploration properties, the unproven nature of and potential changes to Steele Resources Corp.'s business model, the risk that the capital and other resources that Steele Resources Corp. will need to exploit its business model will not be available, and the risks discussed in Steele Resources Corp.'s filings with the Securities and Exchange Commission.
Contact:
Join us on Facebook and Twitter (@SteeleResources)
Newsletter signup and website: www.steeleresources.com
Email: info@steeleresources.com
Scott Dockter Phone: 530.672.6225
More Info:
This news is published on the Investorideas.com Newswire and its syndicated partner network
Publish Your News - Send a release
News now!
Get Investorideas.com investor news and stock alerts
Free Sign Up: http://www.investorideas.com/Resources/Newsletter.asp
Disclaimer: The following news is paid for and /or published as information only for our readers.
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. If you have any questions regarding information in this press release please contact the company listed in the press release.
Investorideas.com Disclaimer: http://www.investorideas.com/About/Disclaimer.asp
Investorideas.com Disclosure: http://www.investorideas.com/About/News/Clientspecifics.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

Monday, January 30, 2012

Gold Bullion Development Corp. (TSX-V: GBB) Launches New Website

January 30, 2012 (Investorideas.com Mining stocks Newswire) - Gold Bullion Development Corp. (TSXV: GBB, OTC PINK: GBBFF) is pleased to announce the launch of their new website. The new site is user friendly and easy to navigate. Investors will find slide presentations highlighting the property's geology including photos of core samples as well as related company information.
The site also features a version entirely in French and has a link to press releases translated into German. Gold Bullion management is considering the addition of other language versions of press releases and will announce such in due course. We invite you to visit the new site at www.GoldBullionDevelopmentCorp.com.
About Gold Bullion Development Corp.
Gold Bullion Development Corp. is a TSX Venture-listed junior natural resource company focusing on the exploration and development of its Granada Property near Rouyn-Noranda, Quebec.
For more information on Gold Bullion Development Corp. (TSXV:GBB.V) (OTCPINK:GBBFF), visit our web site: : www.GoldBullionDevelopmentCorp.com
For further information contact:
Frank J. Basa, P.Eng., President and Chief Executive Officer, Tel: (514) 397-4000
Progressive Investor Relations (Canada) Tel (604) 689-2881 or email info@progressive-ir.com
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
Visit the GBB showcase profile at Investorideas.com
Request News and Info on GBB
Disclosure, Disclaimer/ GBB is a paid advertising client on Investorideas.com and our mining portals.
Disclosure, Disclaimer/ Investorideas.com is paid by GBB to publish news and distribute content through Investordeas.com Newswire and its syndicated partners and blogs (five hundred per month)

Friday, January 27, 2012

Resource Investor Alert: Casey Research Identifies Next Generation of Resource Industry Titans with "Casey's NexTen"

Stowe, VT - January 27, 2012 (Investorideas.com Mining Stocks Newswire) Casey Research, a leading provider of investment research with over 30 years of history specializing in metals, mining, and energy investing, has released its 2012 Casey NexTen list*. This annual list showcases the top rising stars of the resource industry � the names investors should be following over the next ten years. Despite their young ages, these individuals are already demonstrating a strong track record in innovation, exploration, and financing.
Casey Research has long recognized that the most successful resource companies invariably have one thing in common - talented people. For years, Casey Research has helped its subscribers succeed by closely following the careers of the most serially successful explorers and entrepreneurs in the industry. It is that top 4% of resource experts who continue to generate 64% of the wins which have, in some cases, generated up to 1,000% or more in returns for those who have invested with them.
"We continue to uncover successful investment opportunities for our subscribers in an industry where only a small percentage yield profitable results. We can do this because as an independent research firm we have the flexibility to look everywhere for the smartest and most innovative up-and-coming talent who are running great businesses, " said Marin Katusa, Casey Research's Chief Energy Investment Strategist. " This year ' s inductees have already demonstrated incredible aptitude for discovering great opportunities and navigating politically charged waters to find success. "
This year ' s inductees to the Casey NexTen list include:
  • Marcel de Groot: Founder and President, Pathway Capital Limited; Director, Keegan Resources (T.KGN); and Chairman, Luna Gold (V.LGC). Marcel and the firm he founded in 2004, Pathway Capital, invest in and provide strategic support to early-stage private and public companies. To read more about his track record go to: www.caseyresearch.com/marcel-de-groot
  • Ari Sussman: President, CEO, and Chairman of the Board, Colossus Minerals (T.CSI); President, CEO, and Director, Continental Gold (T.CNL); and Director, Dalradian Resources (T.DNA). Ari has an eye for identifying high-quality mineral assets. To read more about Ari go to: www.caseyresearch.com/ari-sussman
  • David Forest: Chief Operating Officer, Sunward Resources (V.SWD); Managing Director, Notela Group; Phillip O'Neill: Chief Executive Officer, Sunward Resources (V.SWD); Managing Director, Notela Group. To read about how David and Phillip identify specific projects go to: www.caseyresearch.com/david-forest-philip-o-neill
To read more about these future superstars and what makes them excel go to: www.caseyresearch.com/nexten
*NexTen candidates are selected based on over 30 years of Casey Research experience and industry judgment in the mining and exploration sector. As a fiercely independent investment research firm, Casey Research receives no fees or compensation for its selections.
About Casey Research
Casey Research is a leading independent provider of investment research with over three decades of heritage. With specialized expertise in energy, metals and mining, commodities and technology, Casey Research provides clients with in-depth analysis of investment opportunities in high-growth areas. Founded by legendary investor Doug Casey, the company carries on his tradition of unbiased research, hands-on analysis, deep industry expertise, and a talent for uncovering uniquely profitable investment opportunities. Casey Research ' s team of seasoned investors, economists, geologists, and analysts are dedicated to uncovering important market trends and providing the guidance and recommendations to profit from them. Find out more at www.caseyresearch.com.
Contact:
Donna Cox-Davies
D2 Solutions, LLC
732-997-0131
dcox-davies@d2solutionsllc.com
Published at Investorideas.com Mining Newswire
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 compensated $150 to publish this news and distribute through its syndicated partners and email subscribers
This is no way an endorsement from Investorideas.com for products or services .
www.InvestorIdeas.com/About/Disclaimer.asp

Wednesday, January 25, 2012

Silver Stock News Alert; TSX Junior SilverCrest (TSX-V: SVL) Trades Up on Mineral Resources News

New York, NY - January 25, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors issues releases the following trading and news snapshot for silver stock,SilverCrest Mines Inc. (TSX-V: SVL, OTCQX: STVZF). ON Monday, the Company provided an updated summary of its corporate mineral resources. The Company now has reported NI 43-101 compliant resources at the Santa Elena Mine, Cruz de Mayo property and La Joya property in Mexico.
On Monday, following the news, the stock traded up on over 700,000 shares and continues its gains this week. Silver is trading up at $33.06, up 1.09 at the time of this release.
News release: http://finance.yahoo.com/news/ SilverCrest-Updates- Corporate-iw-1685022249.html?x=0
Investorideas.com Newswire Ellis Martin Report with SilverCrest Mines on YouTube.com
http://www.youtube.com/watch?v=qaMmPs0y1DY
In this segment Ellis Martin interviews Scott Drever, President of SilverCrest Mines (TSX-V: SVL) (OTCQX: STVZF) regarding stage two drilling at the La Joya Project and the outlook for that project and the Santa Elena Project for 2012.
More Info on SilverCrest Mines Inc. (TSX-V: SVL)
Powerpoint link:
http://www.silvercrestmines.com/uploadedFiles/images/SVLJanuary2012Final.pdf
Corporate report:
http://silvercrestmines.com/uploadedFiles/images/SVL_Brochure_WEB_Jan12.pdf
Investorideas.com Newswire SilverCrest Mines Inc. (TSX-V: SVL) is a Mexican precious metals producer with headquarters based in Vancouver, BC. SilverCrest's flagship property is the 100%-owned Santa Elena Mine, which is located 150km northeast of Hermosillo, near Banamichi in the State of Sonora, México. The mine is a high-grade, epithermal gold and silver producer, with an estimated life of mine cash cost of US$8 per ounce of silver equivalent (55:1 Ag: Au). SilverCrest anticipates that the 2,500 tonnes per day facility should recover approximately 4,805,000 ounces of silver and 179,000 ounces of gold over the 6.5 year life of the open pit phase of the Santa Elena Mine. A three year expansion plan is underway to double metals production at the Santa Elena Mine and exploration programs are rapidly advancing the definition of a large polymetallic deposit at the La Joya property in Durango State.
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.
"J. Scott Drever"
J. Scott Drever, President
SILVERCREST MINES INC.
Contact: Fred Cooper
Telephone: (604) 694-1730 ext. 108
Fax: (604) 694-1761
Toll Free: 1-866-691-1730
Email: info@silvercrestmines.com
Website: www.silvercrestmines.com
Suite 501 - 570 Granville Street
Vancouver, BC Canada V6C 3P1
About InvestorIdeas.com:
InvestorIdeas.com is a leader in investor stock research by sector. Sectors we cover include; cleantech and renewable energy stocks, biotech stocks, mining and gold stocks, energy stocks, water, tech, defense stocks, nanotech, agriculture and gaming.
Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas
Follow Investorideas.com on Facebook http://www.facebook.com/Investorideas
Disclaimer: Investorideas.com does not make stock 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. Silvercrest Mines has compensated Investorideas.com (three thousand) for the dissemination and publishing of its news release through Investorideas.com newswire, email and syndication partners plus secondary email distribution through Hanover Financial (three thousand)
More info: 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

TSX Silver Stock Update; SilverCrest (TSX-V: SVL) Reports Silver Equivalent Inferred Resources Increase of 424%

VANCOUVER, B.C. � January 25, 2012 - Silver stock update from SilverCrest Mines Inc. (TSX-V:SVL, OTCQX:STVZF) (Investorideas.com Mining stocks newswire) SilverCrest Mines Inc. ( TSX-V:SVL, OTCQX: STVZF) provides an updated summary of its corporate mineral resources. The Company now has reported NI 43-101 compliant resources at the Santa Elena Mine, Cruz de Mayo property and La Joya property in Mexico (see table below).
The addition of the initial La Joya Inferred Resources of 101.9 million ounces silver equivalent resulted in corporate Inferred Resources increasing by 424% from 24.0 million to 126.0 million silver equivalent ounces. The Company's combined Probable and Indicated Resources (based on US$18 per ounce silver, US$1000 per ounce gold, and Ag:Au at 55:1) declined by 14.7% from 36.2 million to 30.9 million silver equivalent ounces as a result of production at the Santa Elena Mine in 2010 and 2011.
N. Eric Fier, CPG, P.Eng. and COO for SilverCrest stated; "This significant increase in the Company's resource base is another important milestone in its goal of becoming a major silver and gold asset - based company. SilverCrest's immediate initiatives are to continue to diligently operate its flagship Santa Elena silver and gold mine, aggressively explore the discovery at La Joya and to further acquire and develop substantial silver-gold resources."
SilverCrest Resource Summary - January 2012
Investorideas.com Newswire
*based on $1,000/oz of gold and $18/oz of silver, cut-off grade of 0.38 gpt gold equivalent with applied metallurgical recoveries. Ag:Au is 55:1.
Estimated 1,336,000 ore tonnes were mined at Santa Elena in 2010 and 2011 grading 1.41 gpt Au and 46.51 gpt Ag and subtracted from Probable Reserves.
All numbers are rounded. Excludes potential metal inventory for leach pad re- treatment during Expansion.
**based on $1,000/oz of gold and $18/oz of silver, cut-off grade is 1.77 gpt gold equivalent with applied metallurgical recoveries. Ag:Au is 55:1.
***based on a silver cut-off grade of 30 gpt, 100% metallurgical recovery is assumed. Ag:Au is 55:1. Refer 2007 to Fier and Wallis Technical Report on Cruz de Mayo.
**** Based on 5 year historic metal price trends of US$24/oz silver, US$1200/oz gold, US$3/lb copper. 100% metallurgical recovery is assumed. Silver equivalency for La Joya includes silver, gold and copper and excludes lead, zinc, molybdenum and tungsten values. Ag:Au is 50:1, Ag:Cu is 86:1.
The Company plans an additional 6 core holes on the Santa Elena underground deposit beginning in Q1 2012. This drilling will further assist in delineating the existing underground resources and potentially expand the resources. The decline ramp to explore and develop the resources below the current open pit has been commenced and advancement is expected to continue throughout 2012.
Drilling is currently underway at Cruz de Mayo where 30 holes have been completed with approximately 15 to 20 holes remaining. A Pre-Feasibility Study with further metallurgical work is underway to determine the amenability of processing Cruz de Mayo material at the conventional mill proposed for the Santa Elena mine site.
La Joya Resource Summary (Phase I)
On January 5, 2012, the Company announced the initial resource estimate for its La Joya property located in Durango Mexico. The Inferred Resource of 101.9 million ounces silver equivalent was based on 27 initial Company drill holes plus 8 verified Luismin historical drill holes. The initial resource covers only a portion of the 2.5 kilometre Main Mineralized Trend and is open latterly in all directions. The resource estimations for the 15 and 30 gpt Ag Eq.* cutoff scenarios are illustrated on the attached surface plan and cross sections and presented in the following table.
Investorideas.com Newswire
*Silver equivalency for La Joya 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 of US$24/oz silver, US$1200/oz gold, US$3/lb copper. 100% metallurgical recovery is assumed.
** Conforms to NI 43-101, 43-101CP, and current CIM definitions for resources. Resource estimation summary presented by EBA, a Tetra Tech Company on January 5, 2012 with a pending NI43-101 Technical Report. All numbers are rounded.
The attached figures show a 3D schematic of La Joya with the currently defined resource area and longitudinal sections of the resource model through the Main Mineralized Trend. The model shows the predominance of at least 9 near-surface sulfide mineralized vertical structurally-controlled stockwork zones up to 50 metres wide and the presences of at least 14 near horizontal mantos (disseminated sulfide mineralization) up to 30 metres thick. In many instances the open areas shown on the figures are due to a lack of information rather than an established absence of mineralization. The deposit remains open latterly in all directions. The previous defined "Contact Zone" requires further drilling before potential resources are applied. The two section examples show the current computer-generated model using 15 gpt and 30 gpt Ag Eq.* cutoffs. Doubling the cutoff grade reduces the contained Ag equivalent ounces by only 15.2% which implies that higher grade material is available if required for the potential economic viability of the deposit.
The Company has completed 8 holes of a planned Phase II, 80 hole drilling program that will entail approximately 15,000 metres of additional drilling which will further expand and define the current resource and test three separate targets adjacent to the Main Mineralized Trend. Assay results are pending. The Phase II drilling, sampling, and metallurgical test work to determine flotation characteristics will be completed in 2012.
The Company believes the deposit is potentially amenable to open pit mining with standard conventional flotation processing similar to the nearby Sabinas Mine (Penoles) which is currently operating at an estimated 4,000 tpd and shipping concentrate overseas. Significant potential for resource expansion exists along the strike length of the Main Mineralized Trend and adjacent additional targets where historic data has indicated the presence of significant Ag-Au-Cu mineralization (see New Release dated Nov. 14, 2011).
Selective areas of lead, zinc, tungsten and molybdenum are also being evaluated for resource estimation. These metals are considered potential by-products of any Ag-Au-Cu mineralization production. Resource estimations for these metals will be reported when completed and will be incorporated in the Technical Report with the initial resources estimate to be filed on SEDAR.
The La Joya Property is located approximately 75 kilometres southeast of the city of Durango, Mexico. The property is located in a productive mineralized region which currently supports several large scale mining operations including Grupo Mexico's San Martin Mine, Industrias Peñoles' Sabinas Mine, Pan American Silver's La Colorada Mine and First Majestic Silver's La Parrilla Silver Mine. Please reference our website at www.silvercrestmines.com for more information, photos, a video and figures on La Joya.
The Qualified Person under National Instrument (NI 43-101) Standards of Disclosure for Mineral Projects for this News Release is N. Eric Fier, CPG, P.Eng, and Chief Operating Officer for SilverCrest Mines Inc., who has reviewed and approved its contents.
More Info on SilverCrest Mines Inc. ( TSX-V: SVL)
Ellis Martin Report with SilverCrest Mines
http://www.youtube.com/watch?v=qaMmPs0y1DY
In this segment Ellis Martin interviews Scott Drever, President of SilverCrest Mines (TSX-V:SVL)(OTCQX:STVZF) regarding stage two drilling at the La Joya Project and the outlook for that project and the Santa Elena Project for 2012.
Powerpoint link:
http://www.silvercrestmines.com/uploadedFiles/images/SVLJanuary2012Final.pdf
Corporate report:
http://silvercrestmines.com/uploadedFiles/images/SVL_Brochure_WEB_Jan12.pdf
SilverCrest Mines Inc. ( TSX-V: SVL ) is a Mexican precious metals producer with headquarters based in Vancouver, BC. SilverCrest's flagship property is the 100%-owned Santa Elena Mine, which is located 150km northeast of Hermosillo, near Banamichi in the State of Sonora, México. The mine is a high-grade, epithermal gold and silver producer, with an estimated life of mine cash cost of US$8 per ounce of silver equivalent (55:1 Ag:Au). SilverCrest anticipates that the 2,500 tonnes per day facility should recover approximately 4,805,000 ounces of silver and 179,000 ounces of gold over the 6.5 year life of the open pit phase of the Santa Elena Mine. A three year expansion plan is underway to double metals production at the Santa Elena Mine and exploration programs are rapidly advancing the definition of a large polymetallic deposit at the La Joya property in Durango State.
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.
"J. Scott Drever"
J. Scott Drever, President
SILVERCREST MINES INC.
Contact: Fred Cooper
Telephone: (604) 694-1730 ext. 108
Fax: (604) 694-1761
Toll Free: 1-866-691-1730
Email: info@silvercrestmines.com
Website: www.silvercrestmines.com
Suite 501 - 570 Granville Street
Vancouver, BC Canada V6C 3P1
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 Mining newswire and syndicated blogs
Disclaimer: Investorideas.com does not make stock 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. Silvercrest Mines has compensated Investorideas.com (three thousand) for the dissemination and publishing of its news release through Investorideas.com newswire, email and syndication partners plus secondary email distribution through Hanover Financial (three thousand)
More info: 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

Monday, January 23, 2012

Silver Stock News: SilverCrest (TSX-V: SVL, OTCQX: STVZF) Updates Corporate Resources; Silver Equivalent Inferred Resources Increase 424%

VANCOUVER, B.C. � January 23, 2012 (Investorideas.com Mining stocks newswire) SilverCrest Mines Inc. (TSX-V:SVL , OTCQX: STVZF) is pleased to provide an updated summary of its corporate mineral resources. The Company now has reported NI 43-101 compliant resources at the Santa Elena Mine, Cruz de Mayo property and La Joya property in Mexico (see table below). The addition of the initial La Joya Inferred Resources of 101.9 million ounces silver equivalent resulted in corporate Inferred Resources increasing by 424% from 24.0 million to 126.0 million silver equivalent ounces. The Company’s combined Probable and Indicated Resources (based on US$18 per ounce silver, US$1000 per ounce gold, and Ag:Au at 55:1) declined by 14.7% from 36.2 million to 30.9 million silver equivalent ounces as a result of production at the Santa Elena Mine in 2010 and 2011.
N. Eric Fier, CPG, P.Eng. and COO for SilverCrest stated; "This significant increase in the Company's resource base is another important milestone in its goal of becoming a major silver and gold asset - based company. SilverCrest's immediate initiatives are to continue to diligently operate its flagship Santa Elena silver and gold mine, aggressively explore the discovery at La Joya and to further acquire and develop substantial silver-gold resources."
SilverCrest Resource Summary - January 2012
Investorideas.com Newswire
*based on $1,000/oz of gold and $18/oz of silver, cut-off grade of 0.38 gpt gold equivalent with applied metallurgical recoveries. Ag:Au is 55:1.
Estimated 1,336,000 ore tonnes were mined at Santa Elena in 2010 and 2011 grading 1.41 gpt Au and 46.51 gpt Ag and subtracted from Probable Reserves.
All numbers are rounded. Excludes potential metal inventory for leach pad re- treatment during Expansion.
**based on $1,000/oz of gold and $18/oz of silver, cut-off grade is 1.77 gpt gold equivalent with applied metallurgical recoveries. Ag:Au is 55:1.
***based on a silver cut-off grade of 30 gpt, 100% metallurgical recovery is assumed. Ag:Au is 55:1. Refer 2007 to Fier and Wallis Technical Report on Cruz de Mayo.
**** Based on 5 year historic metal price trends of US$24/oz silver, US$1200/oz gold, US$3/lb copper. 100% metallurgical recovery is assumed. Silver equivalency for La Joya includes silver, gold and copper and excludes lead, zinc, molybdenum and tungsten values. Ag:Au is 50:1, Ag:Cu is 86:1.
The Company plans an additional 6 core holes on the Santa Elena underground deposit beginning in Q1 2012. This drilling will further assist in delineating the existing underground resources and potentially expand the resources. The decline ramp to explore and develop the resources below the current open pit has been commenced and advancement is expected to continue throughout 2012.
Drilling is currently underway at Cruz de Mayo where 30 holes have been completed with approximately 15 to 20 holes remaining. A Pre-Feasibility Study with further metallurgical work is underway to determine the amenability of processing Cruz de Mayo material at the conventional mill proposed for the Santa Elena mine site.
La Joya Resource Summary (Phase I)
On January 5, 2012, the Company announced the initial resource estimate for its La Joya property located in Durango Mexico. The Inferred Resource of 101.9 million ounces silver equivalent was based on 27 initial Company drill holes plus 8 verified Luismin historical drill holes. The initial resource covers only a portion of the 2.5 kilometre Main Mineralized Trend and is open latterly in all directions. The resource estimations for the 15 and 30 gpt Ag Eq.* cutoff scenarios are illustrated on the attached surface plan and cross sections and presented in the following table.
Investorideas.com Newswire
*Silver equivalency for La Joya 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 of US$24/oz silver, US$1200/oz gold, US$3/lb copper. 100% metallurgical recovery is assumed.
** Conforms to NI 43-101, 43-101CP, and current CIM definitions for resources. Resource estimation summary presented by EBA, a Tetra Tech Company on January 5, 2012 with a pending NI43-101 Technical Report. All numbers are rounded.
The attached figures show a 3D schematic of La Joya with the currently defined resource area and longitudinal sections of the resource model through the Main Mineralized Trend. The model shows the predominance of at least 9 near-surface sulfide mineralized vertical structurally-controlled stockwork zones up to 50 metres wide and the presences of at least 14 near horizontal mantos (disseminated sulfide mineralization) up to 30 metres thick. In many instances the open areas shown on the figures are due to a lack of information rather than an established absence of mineralization. The deposit remains open latterly in all directions. The previous defined "Contact Zone" requires further drilling before potential resources are applied. The two section examples show the current computer-generated model using 15 gpt and 30 gpt Ag Eq.* cutoffs. Doubling the cutoff grade reduces the contained Ag equivalent ounces by only 15.2% which implies that higher grade material is available if required for the potential economic viability of the deposit.
The Company has completed 8 holes of a planned Phase II, 80 hole drilling program that will entail approximately 15,000 metres of additional drilling which will further expand and define the current resource and test three separate targets adjacent to the Main Mineralized Trend. Assay results are pending. The Phase II drilling, sampling, and metallurgical test work to determine flotation characteristics will be completed in 2012.
The Company believes the deposit is potentially amenable to open pit mining with standard conventional flotation processing similar to the nearby Sabinas Mine (Penoles) which is currently operating at an estimated 4,000 tpd and shipping concentrate overseas. Significant potential for resource expansion exists along the strike length of the Main Mineralized Trend and adjacent additional targets where historic data has indicated the presence of significant Ag-Au-Cu mineralization (see New Release dated Nov. 14, 2011).
Selective areas of lead, zinc, tungsten and molybdenum are also being evaluated for resource estimation. These metals are considered potential by-products of any Ag-Au-Cu mineralization production. Resource estimations for these metals will be reported when completed and will be incorporated in the Technical Report with the initial resources estimate to be filed on SEDAR.
The La Joya Property is located approximately 75 kilometres southeast of the city of Durango, Mexico. The property is located in a productive mineralized region which currently supports several large scale mining operations including Grupo Mexico’s San Martin Mine, Industrias Peñoles’ Sabinas Mine, Pan American Silver’s La Colorada Mine and First Majestic Silver’s La Parrilla Silver Mine. Please reference our website at www.silvercrestmines.com for more information, photos, a video and figures on La Joya.
The Qualified Person under National Instrument (NI 43-101) Standards of Disclosure for Mineral Projects for this News Release is N. Eric Fier, CPG, P.Eng, and Chief Operating Officer for SilverCrest Mines Inc., who has reviewed and approved its contents.
SilverCrest Mines Inc. ( TSX-V: SVL ) is a Mexican precious metals producer with headquarters based in Vancouver, BC. SilverCrest’s flagship property is the 100%-owned Santa Elena Mine, which is located 150km northeast of Hermosillo, near Banamichi in the State of Sonora, México. The mine is a high-grade, epithermal gold and silver producer, with an estimated life of mine cash cost of US$8 per ounce of silver equivalent (55:1 Ag:Au). SilverCrest anticipates that the 2,500 tonnes per day facility should recover approximately 4,805,000 ounces of silver and 179,000 ounces of gold over the 6.5 year life of the open pit phase of the Santa Elena Mine. A three year expansion plan is underway to double metals production at the Santa Elena Mine and exploration programs are rapidly advancing the definition of a large polymetallic deposit at the La Joya property in Durango State.
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.
"J. Scott Drever"
J. Scott Drever, President
SILVERCREST MINES INC.
Contact: Fred Cooper
Telephone: (604) 694-1730 ext. 108
Fax: (604) 694-1761
Toll Free: 1-866-691-1730
Email: info@silvercrestmines.com
Website: www.silvercrestmines.com
Suite 501 - 570 Granville Street
Vancouver, BC Canada V6C 3P1
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 Mining newswire and syndicated blogs
Disclaimer: Investorideas.com does not make stock 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. Silvercrest Mines has compensated Investorideas.com (three thousand) for the dissemination and publishing of its news release through Investorideas.com newswire, email and syndication partners plus secondary email distribution through Hanover Financial (three thousand)
More info: 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

Monday, January 16, 2012

TSX Venture Gold Stock, Unigold Inc. (TSX-V: UGD.V) Soars on New Results

January 16, 2012 - Investorideas.com, a leader in sector research for independent investors including mining and energy stocks, reports on trading and news for TSX Venture gold stock, Unigold Inc. (TSX-V: UGD.V). The stock soared in today's trading following new results, including 73 m @ 2.36 g/t Gold, at Candelones Extension, Neita Property, Dominican Republic. The stock is trading at $0.2950, up 0.1250 (73.53%) 2:26PM EST on over 5 Million shares.
Unigold Inc.(TSX-V: UGD.V) announced additional results from the 2011 drilling program at its wholly owned Candelones Project, Neita Property in the Dominican Republic.
According to the Company, "Significant results are reported for drill holes LP17 and LP20. The holes were targeted to extend the known mineralization using Unigold's recently acquired IP survey, combined with improved geological knowledge. Assay results from the core obtained at the Candelones Extension (Lomita Pina) are reported in the table below. The best results are 73.0 m @ 2.36 g/t gold in hole LP17 and 20.0 m @ 2.74 g/t gold plus 37.0 m @ 1.48 g/t gold in hole LP20. The deposit remains open along strike in both directions and down dip."
www.unigoldinc.com
Investorideas.com Newswire About InvestorIdeas.com: Big Ideas for small cap Investors
InvestorIdeas.com is a leader in investor stock research by sector. Sectors we cover include; cleantech and renewable energy stocks, biotech stocks, mining and gold stocks, energy stocks, water, tech, defense stocks, nanotech, agriculture and gaming.
Sign up for the free investor news and stock alerts http://www.investorideas.com/Resources/Newsletter.asp
Join Investor Ideas - Get Mining and energy stock directories
Investorideas.com Members currently have 24/7 online access to the exclusive subscriber-only 13 stock directories in leading sectors including mining and energy stocks. Get stock alerts and hot news!
Visit the Investor Ideas membership page to learn more at: http://www.investorideas.com/membership/
Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas
Follow Investorideas.com on Facebook http://www.facebook.com/Investorideas
Follow Investorideas.com on Google Plus https://plus.google.com/116622008917768549777
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 .
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
Source - Investorideas.com
800-665-0411

Friday, January 06, 2012

TSX Coal Mining Stock to Watch; Cline Mining (TSX: CMK.TO) Closes up 21%

January 6, 2012 - Investorideas.com, a leader in sector research for independent investors issues an investor alert for TSX coal mining stock, Cline Mining Corporation (TSX: CMK.TO). The stock closed trading Thursday at $2.07, up 0.36 (21.05%) on over 8.8 million shares.
The Company issued news that further to its release of December 30, 2011, New Elk Coal Company, a wholly-owned subsidiary of Cline, received the last regulatory approval required for room and pillar mining in the Blue Seam on January 3, 2012. Regulatory approval had previously been granted for mining the Allen seam. Accordingly, all approvals are now in place for mining in both seams in accordance with the mining plan at the New Elk Coal Mine in Las Animas County, southern Colorado.
"As contemplated in the previous news release, New Elk continues to implement its first phase plan with a view to bringing the New Elk Coal Mine into full commercial production of high quality metallurgical coke making coal at a rate of 3.0 million tons of saleable coal annually during its initial 20-year mine project plan period. The full planned production rate is to be attained during the first half of 2012. Saleable coal production during calendar year 2012 is projected at 2.5 million tons, with production in the years 2013 and annually thereafter at the rate of 3.0 million tons. These projections are subject to any unforeseen, unexpected and unanticipated delays or events, including the receipt of normal ongoing regulatory permits and approvals, which could affect production or alter timelines."
Investorideas.com Newswire About Cline: Cline Mining Corporation (TSX: CMK.TO)
Cline has metallurgical coal property interests in British Columbia, Canada and in Colorado, U.S.A. with NI 43-101 compliant independent Technical Reports. Cline Mining Corporation is a mine development company focused on the exploration and development of metallurgical steel making coals in Canada and the U.S., iron ore in Madagascar and gold from its Cline Lake Gold Mine Property in northern Ontario, Canada.
About InvestorIdeas.com: Big Ideas for small cap Investors
InvestorIdeas.com is a leader in investor stock research by sector. Sectors we cover include; cleantech and renewable energy stocks, biotech stocks, mining and gold stocks, energy stocks, water, tech, defense stocks, nanotech, agriculture and gaming.
Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas
Follow Investorideas.com on Facebook http://www.facebook.com/Investorideas
Research coal stocks and mining stocks at Investorideas.com with global stock directories
Coal Stocks : http://www.investorideas.com/CSS/Stock_List.asp
Mining Stocks : http://www.investorideas.com/Gold_Stocks/Stocks_List.asp
Sign up for the free investor news and stock alerts http://www.investorideas.com/Resources/Newsletter.asp
Join Investor Ideas - Become a Member
Investorideas.com Members currently have 24/7 online access to the exclusive subscriber-only 13 stock directories in leading sectors including mining, nanotech, renewable energy, water and energy stocks. Get stock alerts and hot news!
Visit the Investor Ideas membership page to learn more at: http://www.investorideas.com/membership/
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.
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
Source - Investorideas.com
800-665-0411

Thursday, December 29, 2011

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

POINT ROBERTS, December 29, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, including gold and mining stocks features an exclusive interview with Ian Foreman, P.Geo, President of Yale Resources Ltd. (TSX-V - YLL and Frankfurt - YAB). Ian discusses the Company results for 2011 and what the Company has planned for 2012.
Yale Interview
Q: Investorideas.com
Ian you recently issued a press release on the year end summary of 2011 operations. Can you give investors some of the key points?
A: Ian Foreman, P.Geo, .President
The key point is that 2011 was a tough year for the mining/exploration sector and in spite of that Yale came out of it smelling like a rose! We are surrounded by companies that had to do large dilutive financings to survive and Yale's business model protected it from doing so. In fact, if you add up Yale's current short term investments, revenue from all sources and exploration funded by our optionees, Yale would have had to issue in the order of 26 million shares through financings! A 30% dilution in the fully diluted capital of the Company that did not happen!!
Q: Investorideas.com
Using the expression "put your money where your mouth is", I see from Sedi.ca that you recently purchased 750,000 shares in Yale?
A: Ian Foreman, P.Geo, .President
Yes, that is correct; I recently bought another 750,000 shares in Yale as I feel very strongly about the long term success of the Company.
Q: Investorideas.com
The Company still has a significant portfolio of properties. What properties will be a priority in 2012 and why?
A: Ian Foreman, P.Geo, .President
We are planning for a minimum of three large programs in the first half of 2012. Los Amoles has grown from an early stage (generated) prospect to a project that should receive some drilling. Orofino will also receive a couple of hundred thousand dollars of exploration. However, the biggest program that we are planning for is at Urique - our optionee, Mammoth Resources, has just started trading - literally today - and they are planning a significant exploration campaign at Urique. There are some legal issues that have to be sorted out at Guadalupe, but our optionee on that property is responsible for the funding there and finally, we will have some results coming out early in the New Year from our drilling at Dos Naciones, which will dictate the scope of ongoing work there.
All in all, we are preparing for a very busy first 6 months of 2012 - should be exciting!
Q : Investorideas.com
Do you plan on looking at new properties for 2012?
A: Ian Foreman, P.Geo, .President
We are always looking at new properties. What the public doesn't necessarily know is that we are always evaluating properties and making offers or trying to acquire new projects. We evaluated a large number of properties in 2011 but didn't find any that fit our strict criterion.
With luck we'll be able to bring a couple more properties into Yale in 2012. I didn't want to have too large a number of available properties 'in inventory', so now that we have two more projects optioned out, it makes sense for us to bring more properties into the company.
Q: Investorideas.com
What would you say was your biggest obstacle in 2011 and has the Company overcome it?
A: Ian Foreman, P.Geo, .President
I think that our biggest obstacle in 2011 was difficult financial conditions combined with share holder apathy. I feel that Yale was punished in the market and not fairly so. I have always been careful about setting expectations and I have always been careful to state realistic goals and objectives for our shareholders. I also have a very good track record for accomplishing those.
There was a time, in September I believe, where there were rumours spreading that Yale was 'going out of business or bankrupt' and that obviously proved false. There was a fund that decided to sell approximately 3 million shares in the market and we were able to arrange sufficient buying to absorb that, however, that may have created a sense of "the sky is falling" and all the "Chicken Littles" out there panicked.
I stated in a previous interview that Yale is stronger today than last week and stronger last week than a couple of months ago. This is a 'growth story' and we are building upon our successes. In my opinion, there is no reason that Yale should be trading at these low levels, but sadly, I don't get to set the value of our stock. Again, this is the reason I purchased an additional 750,000 shares.
Q: Investorideas.com
Why do you think some of the junior mining stocks did not really get to participate in the physical gold rally in 2011?
A: Ian Foreman, P.Geo, .President
Well, there are a lot of pundits who look at the markets for a living so I won't go into details. However, I can comment on that from a Yale perspective - it seems that there just wasn't enough confidence in what investors were reading/hearing as there is a general 'been there, done that, got burned' mentality. You can only hear so much regarding the decoupling of the dollar/gold relationship and the 'PIGS' in Europe and the prospect of a depression and the slowing of the Chinese economy and continued strife in American politics before one gets burned out…
I am very enthusiastic to bring in the New Year. With luck, the year will get started off as 2011 did but the rally will last longer!!
More info onYale Resources Ltd. (TSX-V - YLL. OTCBB - YRLLF and Frankfurt - YAB)
Visit the Yale Profile on Investorideas.com
http://www.investorideas.com/CO/YLL/
Request news and stock alerts on YLL
http://www.investorideas.com/Resources/Newsletter.asp
About Yale Resources:
Yale Resources utilizes the project generator business model to maximize its exposure to discovery while minimizing shareholder risk. Yale currently has eight projects in its portfolio of which five are optioned out with commitments totaling approximately $1.3 M in expenditures during the next 12 months.
Contact
Ian Foreman
info@yaleresources.com
www.yaleresources.com
Investorideas.com Free Investor Tools;
Sign up for the free investor news and stock alerts in leading sectors! http://www.investorideas.com/Resources/Newsletter.asp
About InvestorIdeas.com:
InvestorIdeas.com is a leader in investor stock research by sector. Sectors we cover include; cleantech and renewable energy stocks, biotech stocks, mining and gold stocks, energy stocks, water, tech, defense stocks, nanotech, agriculture and gaming.
Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas
Follow Investorideas.com on Facebook http://www.facebook.com/Investorideas
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. Disclosure - Investorideas.com has been compensated by mining stock YLL averaging five hundred per month to distribute and publish news releases and content.
www.InvestorIdeas.com/About/Disclaimer.asp
Source - Investorideas.com
800-665-0411 - dvanzant@investorideas.com

Friday, December 23, 2011

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

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

Wednesday, December 21, 2011

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

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

Thursday, December 08, 2011

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

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

Wednesday, December 07, 2011

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

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