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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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.
Published at Investorideas.com Mining newswire
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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

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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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 as a showcase stock or paid news releases.
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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
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)
Investorideas.com is a third party publisher of news and research .Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of principal .This site is currently compensated by featured companies, news submissions and online advertising.
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Wednesday, September 28, 2011

Tuesday’s Iron Ore and Steel Stocks Trading : (LSE: FXPO.L ) ,(OTCBB:TRKP), (TSX.V:ADI) , (ASX: LCY )

Ferrexpo (LON:FXPO) Upgrade Bullish for Sector

Point Roberts WA- September 28, 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 and steel stocks.

Ferrexpo (LSE: FXPO.L ) received bullish commentary from Asa Bridle, analyst at Seymour Pierce recommending the stock as a buy with an upgrade on the target
price of 503 pence (current price: 302.4 pence). In terms of the overall industry, he said "(The) long term themes of urbanisation, industrialization and rural area development are expected to see China account for the largest share of the trade in the global iron ore market for the foreseeable future."

TurkPower Corporation (OTCBB:TRKP) closed at $0.20. TurkPower's  focus is on the Turkish mining industry, where it plans 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.

Adriana Resources Inc.  (TSX.V:ADI) surged 0.020 (2.27%) to $0.90. The stock is continuing gains in Wednesday morning’s trading  session. According to the company, its vision is to become a fully integrated iron ore producer through continued development of its iron ore port facility in Brazil, through acquisition of iron ore mineral resources in Brazil, and the advancement of its iron ore projects in Québec, Canada.   

LEGACY IRON (ASX: LCY.AX ) gained  0.01 (4.55%) to $0.12 with more than 2.50 million shares trading  hands. Last week, India's National Mineral Development Corp (NMDC) has agreed to acquire a 50 percent stake in Australian iron ore and gold explorer Legacy Iron Ore for almost A$19 million ($19 million).

Rio Tinto plc (NYSE:RIO) ended the day with a gain of $1.63 (3.44%) to close at $49.01. Anglo-Australian mining giant Rio Tinto and Russian fertilizer producer Acron signed an agreement Tuesday to create a joint venture to explore potash and potentially build mines together in Canada.

AK Steel Holding Corporation (NYSE:AKS) ended the day with a gain of 0.25 (3.57%) at $7.26.

Steel Dynamics, Inc.  (NASDAQ:STLD) jumped 0.17 (1.58%) to close at $10.93.

United States Steel Corporation(NYSE:X) ended the day higher by 0.60 (2.58%) to $23.88.

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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Tuesday, September 27, 2011

Gold and Mining Stocks; YALE (TSX-V: YLL) Identifies Two Geochemical Anomalies at Apache

September 27, 2011 (Investorideas.com Mining stocks Newswire) - Yale Resources Ltd. (TSX-V: YLL and Frankfurt: YAB) is pleased to report that ongoing field work at the Apache Property has identified two strong multi-element soil geochemistry anomalies that coincide with historic workings. This shows the potential for mineralization to continue under overburden cover. The wholly owned 400 hectare Apache Property is located approximately 150 kilometres north of Hermosillo, Sonora State, and is approximately 30 km west of Timmins Gold�s San Francisco Mine. The central mineralized zone at Apache is defined by multiple historic workings centred on southwest trending veins and contact zones hosted in altered metasediments.
Recent work at Apache concentrated on the flat area at south of the property where there is very little outcrop. A total of 536 soil samples were taken from a grid measuring 500 by 1,000 metres. The two most significant anomalies coincide with small historic workings surrounded by areas with sparse outcrop exposure. These results show the potential for mineralization to be encountered over a much more significant area covered by overburden.
The largest anomaly - that coincides with the Las Tortugas workings - measures approximately 300 metres by 200 metres with strong silver, copper, lead, zinc, mercury, and molybdenum values. This soil anomaly more than quadruples the size of the target area. Previous sampling at Las Tortugas (previously called Apache) returned the following results (see news release dated Dec. 30, 2010):
Investorideas.com Newswire During the collection of the soil samples a new historic working - La Cazcabel - was encountered. This new mineralization coincides with the second multi-element anomaly. The La Cazcabel anomaly measures approximately 200 by 75 metres however, it is open to both the north and west as the anomaly extends off of the northwest corner of the soil grid. The La Cazcabel anomaly is strong in gold, lead and zinc with moderate silver, mercury and molybdenum values.
Ongoing work at Apache will augment the size of the soil grid in addition to detailed sampling of the new workings and trenching the core of the soil anomalies.
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 Urique Project and is responsible for the technical data mentioned in this news release.
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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Monday, September 26, 2011

Mining and Gold Stocks News; Lomiko (TSX-V: LMR; OTC: LMRMF) Results of Annual General Meeting and Board Meeting

Vancouver, BC - September 26, 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 the results of its recently held Annual General Meeting of the Shareholders (the "Meeting') on September 23rd, 2011 at Computershare Investor Services Inc., 510 Burrard Street, Vancouver BC, V6C 3B9.
At the Meeting, the shareholders re-elected to the Board of Directors, A. Paul Gill, Jacqueline Michael, Garth Kirkham, Julius Galik and Mark T. Nesbitt.
In addition, the shareholders approved the other matters put before the Meeting, including the re-appointment of Galloway, Botteselle & Company, CGA, as the Company's auditor and the re-approval of the Company's Stock Option Plan
At the first meeting of the newly constituted Board of Directors held immediately after the Meeting, A. Paul Gill was elected to serve as President and Chief Executive Officer and Jacqueline Michael as Chief Financial Officer until the next annual general meeting of the Company. The Board also elected Julius Galik, Mark T. Nesbitt and Jacqueline Michael to serve as the Company's Audit Committee.
For more information, review the website at www.lomiko.com, contact Paul Gill at             604-729-5312       or email: info@lomiko.com
On behalf of Lomiko Metals Inc,
A. Paul Gill, President & CEO
We seek safe harbor. This press release has been prepared by management. The TSX Venture Exchange has not reviewed and does not accept 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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Tuesday, September 20, 2011

Mining and Gold Stocks; Gold Bullion Development Corp. (TSX-V: GBB) advises shareholders that Castle Silver Mines Inc. preliminary prospectus is available on SEDAR

VANCOUVER - September 20, 2011 (Investorideas.com Mining stocks Newswire) - Gold Bullion Development Corp. (TSXV: GBB, OTC PINK: GBBFF) wishes to advise its shareholders that the preliminary prospectus dated September 16, 2011 of its wholly-owned subsidiary Castle Silver Mines Inc. is now available under Castle Silver Mines' company profile on SEDAR at www.sedar.com. As previously announced, the prospectus is intended to qualify the distribution by Gold Bullion of an aggregate of approximately 1,950,000 common shares of Castle Silver Mines to all shareholders of Gold Bullion by way of dividend in kind.
All Gold Bullion shareholders will receive one common share of Castle Silver Mines for approximately every 85 issued and outstanding Gold Bullion shares on the distribution record date. The distribution record date will be set by the Board of Directors of Gold Bullion in accordance with the policies of the TSX Venture Exchange, at which time Gold Bullion will issue a press release announcing the record date and the final distribution ratio.
The preliminary prospectus provides all details regarding the "spin-out" of Castle Silver Mines. Gold Bullion recommends that its shareholders review the prospectus carefully.
The distribution by Gold Bullion of the shares of Castle Silver Mines is subject to regulatory approval, including that of the TSX Venture Exchange.
About Castle Silver Mines Inc.
Castle Silver Mines Inc. was incorporated in March 2011 as a wholly-owned subsidiary of Gold Bullion, for the purpose of taking over the silver assets and exploration activities currently carried on by Gold Bullion, so that Gold Bullion can devote itself solely to exploration for gold. Prior to the distribution record date, Castle Silver Mines Inc. will acquire the Castle Silver Mine property in Gowganda, Ontario from Gold Bullion, which comprises Gold Bullion's sole silver exploration property. After such transfer, Gold Bullion does not intend to be directly involved in silver exploration. Castle Silver Mines may acquire additional interests in silver exploration properties in the future.
About Gold Bullion Development Corp.
Gold Bullion Development Corp. is a TSX Venture-listed junior natural resource company focusing on the exploration and development of its Granada Property near Rouyn-Noranda, Qu�bec, and its Castle Silver Mine property in Gowganda, Ontario.
For more information on Gold Bullion Development Corp. (TSXV:GBB.V) (Other OTC:GBBFF.PK), visit our web site: http://www.GoldBullionDevelopmentCorp.com
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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.
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Monday, September 19, 2011

Gold Stocks; Gold Bullion Development Corp. (TSX-V: GBB) announces filing of preliminary prospectus for "spin-out" and initial public offering by Castle Silver Mines Inc.

VANCOUVER - September 19, 2011 (Investorideas.com Mining stocks Newswire) - Gold Bullion Development Corp. (TSXV: GBB, OTC PINK: GBBFF) announces that Castle Silver Mines Inc., a wholly-owned subsidiary of Gold Bullion, has filed a preliminary prospectus with the securities commissions of each of the provinces of Canada in connection with an initial public offering, and a secondary offering to the shareholders of Gold Bullion of shares of Castle Silver Mines by way of dividend in kind.
Initial Public Offering
Castle Silver Mines is effecting an initial public offering of 4,750,000 "flow-through" units at a price of $0.40 per unit, and a minimum of 3 million and a maximum of 5 million common share units at a price of $0.30 per unit, for maximum gross proceeds to Castle Silver Mines of $3.4 million. Each "flow-through" unit will consist of one common share of Castle Silver Mines and one-half of a common share purchase warrant. Each common share unit will consist of one common share of Castle Silver Mines and one common share purchase warrant. Each full warrant will entitle its holder to acquire one additional common share of Castle Silver Mines at a price of $0.50 for a period of 18 months.
The proceeds from the initial public offering will be used by Castle Silver Mines for exploration work on its Castle Silver Mine property, future property acquisitions and for working capital and general corporate purposes. A description of the recommended exploration program for the Castle Silver Mine property is summarized in the prospectus, which will be available under Castle Silver Mines' company profile on SEDAR at www.sedar.com.
Industrial Alliance Securities Inc. is acting as agent for the initial public offering on a "best-efforts" basis. Castle Silver Mines will grant Industrial Alliance Securities an option to offer up to 750,000 additional common share units and up to 712,500 additional "flow-through" units, representing 15% of the number of units offered, to cover over-allotments, if any. The over-allotment option may be exercised at the offering prices for a period of 30 days from the date of closing of the offering. If Industrial Alliance Securities exercises the over-allotment option in full after a maximum offering, the total gross proceeds of the offering will be $3,910,000.
"Spin-Out" to Shareholders of Gold Bullion
Concurrently with the initial public offering, Gold Bullion Development Corp., the sole shareholder of Castle Silver Mines, will distribute an aggregate of approximately 1,950,000 common shares of Castle Silver Mines to the shareholders of Gold Bullion resident in Canada , by way of dividend in kind. Gold Bullion shareholders will receive one common share of Castle Silver Mines for approximately every 85 issued and outstanding Gold Bullion shares on the distribution record date. The record date for the distribution of the Castle Silver Mines shares will be set by the Board of Directors of Gold Bullion in accordance with the policies of the TSX Venture Exchange. Gold Bullion will issue a press release announcing the record date and the distribution ratio. Gold Bullion will retain approximately 7.8 million shares of Castle Silver Mines.
In the event of an initial public offering by Castle Silver Mines in a maximum amount of $3.4 million, investors in the initial public offering will hold 50% of the outstanding shares of Castle Silver Mines, Gold Bullion will hold 40% of the outstanding shares, and the shareholders of Gold Bullion will hold in the aggregate 10% of the outstanding shares.
Castle Silver Mines
Castle Silver Mines Inc. was incorporated in March 2011 as a wholly-owned subsidiary of Gold Bullion, for the purpose of taking over the silver assets and exploration activities currently carried on by Gold Bullion, so that Gold Bullion can devote itself solely to exploration for gold. Prior to the distribution record date, Castle Silver Mines Inc. will acquire the Castle Silver Mine property in Gowganda, Ontario from Gold Bullion, which comprises Gold Bullion's sole silver exploration property. After such transfer, Gold Bullion does not intend to be directly involved in silver exploration. Castle Silver Mines may acquire additional interests in silver exploration properties in the future.
The initial public offering by Castle Silver Mines and the distribution by Gold Bullion of approximately 1,950,000 Castle Silver Mines common shares to the shareholders of Gold Bullion are subject to regulatory approval, including that of the TSX Venture Exchange.
Castle Gold Mines' common shares have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent U.S registration or an applicable exemption from U.S. registration requirements.
About Gold Bullion Development Corp.
Gold Bullion Development Corp. is a TSX Venture-listed junior natural resource company focusing on the exploration and development of its Granada Property near Rouyn-Noranda, Qu�bec, and its Castle Silver Mine property in Gowganda, Ontario.
For more information on Gold Bullion Development Corp. (TSXV:GBB.V) (Other OTC:GBBFF.PK), visit our web site: http://www.GoldBullionDevelopmentCorp.com
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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.
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Thursday, September 15, 2011

Wednesday's Iron Ore Stocks Trading Snapshot; (NYSE: RIO), (OTC: TRKP), (LSE: FXPO), (NASDAQ:STLD)

Point Roberts WA - September 15, 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 iron ore stocks.
Rio Tinto (NYSE: RIO) announced that they are planning to spend $833 million ($A813.0 million) on power and fuel infrastructure to boost its iron ore production in Western Australia's Pilbara region.
The investment is part of a five-year program mentioned in 2010 to enhance the mining giant's production capacity in the region by 50% to 333 million tonnes per annum (Mtpa) by the first half of 2015.
TurkPower Corporation (OTC: TRKP) shares jumped 10.53% to $0.21. TurkPower Corporation is a Turkish-American junior mining company. The Company focuses on buying controlling ownership in an operational iron ore mine and several mining projects under development.
FERREXPO (LSE: FXPO.L) closed with a gain of 8.70 (2.36%) to $376.90. The stock has 52-week range of $242.90-$568.33.
United States Steel Corporation (NYSE:X) moved up 0.86% to $28.04
Pacific Iron Ore Corp. (CVE: POC) ended the day with a gain of 0.060 (31.58%) at $0.25 on bounce back.
Steel Dynamics, Inc. (NASDAQ:STLD) ended the day higher by 0.34 (2.95%) to $11.88.
AK Steel Holding Corporation (NYSE:AKS) surged 0.20 (2.38%) to close at 8.59.
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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Wednesday, September 14, 2011

Mining and Gold Stocks; Gold Bullion (TSX-V: GBB) Provides Update on its Phase 3 Drill Program

VANCOUVER - September 14, 2011 (Investorideas.com Mining stocks Newswire) - Gold Bullion Development Corp. (TSXV: GBB, OTC PINK: GBBFF) ("Gold Bullion") is pleased to announce additional drill results from its Granada Property, located along the Cadillac trend in Northwestern Quebec , 5 km south of the city of Rouyn-Noranda. The continually-expanding mineralized area remains open in all directions and at depth. Highlights of the most recent assay results include:
Hole GR-11-256 - 98.00 metres grading 1.21 grams per tonne Au
  Including - 29.50 metres grading 2.34 grams per tonne Au
Hole GR-10-189 - 220.30 metres grading 0.41 grams per tonne Au
  Including - 70.90 metres grading 1.06 grams per tonne Au
Hole GR-10-178 - 183.50 metres grading 0.50 grams per tonne Au
  Including - 45.50 metres grading 1.12 grams per tonne Au
Drilling at the Granada Property continues with 2 drill rigs on a 24 hours a day/7 days a week schedule, The present mineralized zone now covers an area of 1.2 kilometres along strike and is up to 0.5 kilometres wide.
The following table highlights significant intervals, calculated by Gold Bullion, in the most recent results received:
Investorideas.com Newswire The following 4 holes did not have significant intervals and are therefore not included in the above table: GR-10-57, GR-10-135, GR-10-158 and GR-11-222.
Widths reported in the preceding table are drill widths; true widths are unknown at this time. Assays are uncut, length-weighted average values. Lost core within mineralized intersections were incorporated as blank intervals and assigned a 0.0 g/t grade in all length-weighted calculations.
Gold Bullion's NQ drill program and drill core sampling, including the quality assurance/quality control program, are supervised by Ms. Nicole Rioux , P. Geo. of GENIVAR, Gold Bullion's geological consultant. Nicole Rioux is GENIVAR's senior geologist and a member of the Ordre des g�ologues du Qu�bec and a "qualified" person in accordance with National Instrument 43-101.
Core from the above holes was sent to ALS Chemex Labs in Val d'Or, Quebec , and Accurassay Laboratory in Timmins, Ontario, for analysis. Gold was assayed by fire assay with additional pulp and metallics analysis done on samples where visible gold was identified. Analytical accuracy and precision are monitored by the analysis of reagent blanks and reference materials at both labs. Quality control is further assured by the insertion of blind certified standard reference material and blanks into the sample stream at regular intervals by Gold Bullion and GENIVAR personnel in order to independently assess 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 Gold Property near Rouyn-Noranda, Quebec, and its high grade Castle Silver Mine in Gowganda, Ontario.
For more information on Gold Bullion Development Corp. (TSX-V: GBB, OTC PK: GBBFF), visit our web site: http://www.GoldBullionDevelopmentCorp.com
"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.
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Gold and Mining Stocks; YALE (TSX-V: YLL) TO OPTION OUT THE URIQUE PROPERTY -FIVE PROJECTS NOW UNDER OPTION


September 14, 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 Mammoth Capital Corp. – a Capital Pool Company – for Yale’s wholly owned Urique Property located in Chihuahua State, Mexico.
Under the terms of the Option Agreement, in order to earn a 70% interest in the property Mammoth will be required to pay Yale $50,000 ($25,000 received), issue to Yale 1,800,000 shares in Mammoth, and incur a total of $3,000,000 in exploration expenditures on the Property over a four year period.
Mammoth must issue 200,000 common shares upon receipt of Exchange approval to the proposed qualifying transaction and must issue a further 100,000 shares within 6 months of such approval. Subsequent share issuances of 300,000 at the 12 month anniversary and 400,000 on each subsequent anniversary will also be due in order to keep the Option Agreement in good standing. The first year’s requirement will be $300,000 in exploration expenditures followed by a further $500,000 in the following year, $800,000 in the third year and $1,400,000 in the final year of the Option Agreement.
In order to earn the remaining 30% interest in the Property, Mammoth must issue an additional 500,000 common shares to Yale and must have completed a resource estimate on the Property delineating at least 300,000 equivalent ounces of gold in the measured and indicated categories within an additional three years. Upon completion of the resource estimation Mammoth would then be required to issue an additional share for each equivalent ounce of gold within the measured and indicated categories, subject to a minimum of 300,000 shares and a maximum of 2,000,000 shares.
"This is a great deal for the Company and Yale’s shareholders as Mammoth will build on Yale’s previous success at Urique. Continued success at Urique will allow Yale to become a significant shareholder in Mammoth and leverage the upside potential of the property”, stated Ian Foreman, P.Geo., president of Yale.
If Mammoth elects not to proceed to earn the remaining 30% interest in the Property, the parties will form a 70-30 joint venture and will contribute to further exploration in accordance with their respective joint venture interest.
Yale will be the operator for the project during at least the first year of the Agreement and as such will charge Mammoth a management fee for all work performed on 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 the Qualified Person, according to National Instrument 43-101, for the Urique Project and is responsible for the technical data mentioned in this news release.
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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Tuesday, September 13, 2011

Monday's TSX Gold Stocks Trading Snapshot; VGZ, PLG, ORE, GBB, YLL

POINT ROBERTS - September 13, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, including gold and mining stocks reports on TSX gold stocks trading for Monday September 12th. Gold closed up at $1,826.50 +16.60 +0.92%.
Vista Gold Corporation (VGZ.TO) was the top percentage gainers, closing at $4.37, up 0.69 (18.75%). The company announced last week the results of a new mineral resource estimate for the Batman deposit at the Company's Mt. Todd gold project in Northern Territory, Australia. The new mineral resource estimate includes all previous drilling information plus the results from the 2010-2011 drilling program, which were previously announced by the Company on June 27, 2011. The total mineral resource estimate for the Batman deposit is now 5.98 million ounces of measured and indicated mineral resources) and 2.61 million ounces of inferred mineral resources.
Gold Bullion Development Corporation (GBB.V) closed at 0.345, down 0.01 (2.82%). The company recently reported in late August that it has completed 6,842 m in 12 holes of diamond drilling in its first drill campaign on the Castle Silver property historic past-producing silver mine property located 85 kilometres northwest of the historic silver camp in Cobalt, Ontario.
PILOT GOLD INC (PLG.TO) closed at $2.31, up 0.13 (5.96%). The company reported last week, a new bulk tonnage style gold discovery in northeastern Elko County, Nevada. The first five holes ever drilled on the Company's 100% owned Viper Project have intersected widespread, sediment hosted, oxide gold and silver mineralization starting at surface.
Yale Resources Ltd. (TSX-V - YLL and Frankfurt - YAB) closed at $0.045.
In a recent interview, Ian Foreman, President, noted “Yale has 9 projects in Mexico. We concentrate in northwestern Mexico in the mining friendly jurisdictions of Sonora and Chihuahua. We have gold, silver and base metal projects and we currently have four projects optioned out. I am always working to add to that and am confident that we will have an additional two properties optioned out before the end of the year.
It is going to be a very busy fall/winter for us as many projects will be worked on and we anticipate that we’ll have a couple of our properties drilled as well.”
Orezone Gold Corporation (ORE.TO) closed up at $ 3.75, up 0.18 (5.04%)
The company announced additional positive drill results from an ongoing 170,000 m infill and expansion drill program at its 100% owned Bombore Gold Project in Burkina Faso, West Africa. Results include 234 reverse circulation (RC) holes (11,942 m) and 43 core holes (6,979 m) from the northern and southern portions of the 11 km long Bombore resource.
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