New Group for Mining Stocks & Gold Stocks on Linkedin.com;
Investors following Mining stocks and IR, PR contacts at Mining Companies Welcome
DELTA, BC – February 24, 2010, www.InvestorIdeas.com, and its mining stocks portal www.Gold-MiningStocks.com created a new group on www.Linkedin.com for Mining and Gold Stocks.
This group is for investors following publicly traded Gold and Mining/Resource stocks, as well as IR and PR contacts for mining companies to share news and ideas . The group was created to discuss recent news and trends on publicly traded Mining stocks.
Visit and Join the Group on Linkedin.com
Group owner - Cali VanZant Investorideas.com and Gold-MiningStocks.com
More Gold and Mining stocks resources for investors and publicly traded companies:
Visit the news feed-Gold & Mining Stocks News at Investorideas.com
News and commentary from well known industry experts including Kitco and Doug Casey are featured in addition to news releases and press releases from publicly traded mining companies on the TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading Stock Exchanges.
Investors can research gold and mining stocks with the mining stocks directory, featuring Gold Stocks, Silver Stocks, Uranium Stocks, Copper Stocks, Zinc Stocks and Precious Metals TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading Stock Exchanges.
Mining Stocks Investor Awareness Programs – Learn about becoming a mining showcase company at www.investorideas.com.
About our Mining Portals:
www.Gold-MiningStocks.com and www.MiningSectorStocks.com, portals within the InvestorIdeas.com® content umbrella, feature industry and stock news, exclusive articles and financial columnists, audio interviews and podcasts, investor conferences, blogs, and a directory of stocks in the sector. Industry participants are invited to submit news, articles and research.
About InvestorIdeas.com:
InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, Middle East and Australia.
Disclaimer: 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. 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.
For more information contact:
Cali Van Zant: 800-665-0411 - cvanzant@investorideas.com
Tuesday, February 23, 2010
Wednesday, February 10, 2010
Investoridea.com New Mining Stock Profile for AMI Resources Inc. (TSX.V: AMU)
Investoridea.com New Mining Stock Profile for AMI Resources Inc. (TSX.V: AMU)
Point Roberts WA, Delta B.C., February 10 , 2010 - www.InvestorIdeas.com and its leading mining investor portals , www.Gold-MiningStocks.com and www.MiningSectorStocks.com announce new featured showcase mining stock AMI Resources Inc. (TSX.V: AMU).
AMI Resources Inc. (TSX.V: AMU) is a publicly traded exploration and development stage company. AMI's approach to success is to evaluate and acquire advanced gold exploration projects either directly from the government or through purchases/options with other companies/individuals. AMI assumes the initial risks of mineral exploration. Should a resource be outlined AMI will look to a producing company for either a joint venture or outright sale. AMI has elected to concentrate its exploration activities in West Africa with projects currently in Ghana and Niger. Ghana has a long history of gold production and with a stable political climate, it makes for an excellent country for mineral exploration and exploitation. The North Ashanti Gold Project in Ghana is located approximately 25 km from Newmonts 8+ million ounce Akyem deposit and the Sirba Gold Project in Niger is 5 kilometres from Semafos producing Samira Hill gold mine.
Investors can view the full company profile for AMI Resources Inc. (TSX.V: AMU) at http://www.investorideas.com/CO/AMU/
Or visit the company website at http://www.amiresources.com/
Learn more about becoming a Mining Stock Featured Company.
http://www.investorideas.com/Investors/Mining_Stocks_Investor_Awareness.asp
About our Mining Portals:
www.Gold-MiningStocks.com and www.MiningSectorStocks.com, portals within the InvestorIdeas.com® content umbrella, feature industry and stock news, exclusive articles and financial columnists, audio interviews and podcasts, investor conferences, blogs, and a directory of stocks in the sector. Industry participants are invited to submit news, articles and research.
Investorideas.com mining stocks directory currently features an estimated 1000 mining stocks for investors to research. The directory is also updated weekly and monthly as we source new companies in the sector.
About InvestorIdeas.com:
InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, the Middle East and Australia.
Become an InvestorIdeas.com member and access all of our10 stock directories by login. -Learn more: http://www.investorideas.com/membership/
Join our Campaign for 2010- One million members stronger…
Disclaimer: The following company profile is a paid for submission. 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, company profile submissions and online advertising.
For Additional Information:
C Van Zant: 800-665-0411 – cvanzant@investorideas.com Source – Investorideas.com
________________________________________________________
Resource investors can research gold and mining stocks with the mining stocks directory, featuring Gold Stocks, Silver Stocks, Uranium Stocks, Copper Stocks, Zinc Stocks and Precious Metals TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading Stock Exchanges.
http://www.investorideas.com/Gold_Stocks/Stocks_List.asp
Investors following mining stocks can purchase the mining stocks directory in a PDF format with hyperlinks to stocks symbol(s), company’s url and company’s description. The mining stocks directory page features a Paypal link and buy now button for easy online purchase.
Investors also have the option to access the directory as part of the Investor Ideas Membership premium content. The full directory is now available to Investor Ideas members as part of the annual membership that currently features an additional 9 stock directories and investor newsletter.
Point Roberts WA, Delta B.C., February 10 , 2010 - www.InvestorIdeas.com and its leading mining investor portals , www.Gold-MiningStocks.com and www.MiningSectorStocks.com announce new featured showcase mining stock AMI Resources Inc. (TSX.V: AMU).
AMI Resources Inc. (TSX.V: AMU) is a publicly traded exploration and development stage company. AMI's approach to success is to evaluate and acquire advanced gold exploration projects either directly from the government or through purchases/options with other companies/individuals. AMI assumes the initial risks of mineral exploration. Should a resource be outlined AMI will look to a producing company for either a joint venture or outright sale. AMI has elected to concentrate its exploration activities in West Africa with projects currently in Ghana and Niger. Ghana has a long history of gold production and with a stable political climate, it makes for an excellent country for mineral exploration and exploitation. The North Ashanti Gold Project in Ghana is located approximately 25 km from Newmonts 8+ million ounce Akyem deposit and the Sirba Gold Project in Niger is 5 kilometres from Semafos producing Samira Hill gold mine.
Investors can view the full company profile for AMI Resources Inc. (TSX.V: AMU) at http://www.investorideas.com/CO/AMU/
Or visit the company website at http://www.amiresources.com/
Learn more about becoming a Mining Stock Featured Company.
http://www.investorideas.com/Investors/Mining_Stocks_Investor_Awareness.asp
About our Mining Portals:
www.Gold-MiningStocks.com and www.MiningSectorStocks.com, portals within the InvestorIdeas.com® content umbrella, feature industry and stock news, exclusive articles and financial columnists, audio interviews and podcasts, investor conferences, blogs, and a directory of stocks in the sector. Industry participants are invited to submit news, articles and research.
Investorideas.com mining stocks directory currently features an estimated 1000 mining stocks for investors to research. The directory is also updated weekly and monthly as we source new companies in the sector.
About InvestorIdeas.com:
InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, the Middle East and Australia.
Become an InvestorIdeas.com member and access all of our10 stock directories by login. -Learn more: http://www.investorideas.com/membership/
Join our Campaign for 2010- One million members stronger…
Disclaimer: The following company profile is a paid for submission. 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, company profile submissions and online advertising.
For Additional Information:
C Van Zant: 800-665-0411 – cvanzant@investorideas.com Source – Investorideas.com
________________________________________________________
Resource investors can research gold and mining stocks with the mining stocks directory, featuring Gold Stocks, Silver Stocks, Uranium Stocks, Copper Stocks, Zinc Stocks and Precious Metals TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading Stock Exchanges.
http://www.investorideas.com/Gold_Stocks/Stocks_List.asp
Investors following mining stocks can purchase the mining stocks directory in a PDF format with hyperlinks to stocks symbol(s), company’s url and company’s description. The mining stocks directory page features a Paypal link and buy now button for easy online purchase.
Investors also have the option to access the directory as part of the Investor Ideas Membership premium content. The full directory is now available to Investor Ideas members as part of the annual membership that currently features an additional 9 stock directories and investor newsletter.
Monday, February 08, 2010
Gold Stocks & Mining Stocks Newswire, RSS Feed in Top 10 Most Visited Pages at Investorideas.com
Gold Stocks & Mining Stocks Newswire, RSS Feed in Top 10 Most Visited Pages at Investorideas.com
POINT ROBERTS, WA and DELTA, BC – February 8, 2010 , www.InvestorIdeas.com, and its mining stocks portals www.Gold-MiningStocks.com and www.MiningSectorStocks.com, announce the mining stocks RSS news feed for investors following news and developments in the sector is one of the 10 pages at Investorideas.com .
Investor Ideas and the two mining portals within the hub have created a meeting place for investors and public companies, featuring news, insight, stock directories and useful research and information tools and links.
The newswire features news and commentary from well known industry experts including Kitco and Doug Casey, in addition to news releases and press releases from publicly traded mining companies on the TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading Stock Exchanges.
Mining investors are invited to subscribe to the mining stocks news feed and newswire, Gold & Mining Stocks News at Investorideas.com.
http://www.investorideas.com/RSS/feeds/Gold-Mining-Stocks.xml
Investors can also research gold and mining stocks with the mining stocks directory, featuring Gold Stocks, Silver Stocks, Uranium Stocks, Copper Stocks, Zinc Stocks and Precious Metals TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading Stock Exchanges.
Mining and gold stocks directory: http://www.investorideas.com/Gold_Stocks/Stocks_List.asp
Publicly traded mining stocks are invited to Submit Mining and Gold Stock News to mining stock investors. News is featured on the Investor Ideas News wire and the New Gold and Mining RSS feed. The news is also carried on other financial and mining blogs and websites via the RSS syndication. To have your news published on the newswire, publicly traded companies can submit news and press releases here: http://www.investorideas.com/News-Upload/
Publicly traded gold and mining stocks can also gain extra visibility on Investor Ideas and its mining portals as a showcase mining company, or publishing their company profile. More details are available about the Mining Stocks Investor Awareness Programs here: http://www.investorideas.com/Investors/Mining_Stocks_Investor_Awareness.asp
About our Mining Portals:
www.Gold-MiningStocks.com and www.MiningSectorStocks.com, portals within the InvestorIdeas.com® content umbrella, feature industry and stock news, exclusive articles and financial columnists, audio interviews and podcasts, investor conferences, blogs, and a directory of stocks in the sector. Industry participants are invited to submit news, articles and research.
About InvestorIdeas.com:
InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, Middle East and Australia.
Become an Investorideas.com Member- Get 10 stock directories and investor newsletter for just $99 year
Learn more: http://www.investorideas.com/membership/ Resource and energy investors: The oil and gas stocks directory currently has over 500 publicly traded stocks from multiple global stock exchanges including TSX and ASX. The comprehensive the Natural Gas Stocks Directory gives investors a list of stocks on the TSX, ASX, OTC, NASDAQ and NYSE. Join us in the 2010 campaign- One Million Members Stronger…
Disclaimer: 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. 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.
For more information contact:
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com or cvanzant@investorideas.com
POINT ROBERTS, WA and DELTA, BC – February 8, 2010 , www.InvestorIdeas.com, and its mining stocks portals www.Gold-MiningStocks.com and www.MiningSectorStocks.com, announce the mining stocks RSS news feed for investors following news and developments in the sector is one of the 10 pages at Investorideas.com .
Investor Ideas and the two mining portals within the hub have created a meeting place for investors and public companies, featuring news, insight, stock directories and useful research and information tools and links.
The newswire features news and commentary from well known industry experts including Kitco and Doug Casey, in addition to news releases and press releases from publicly traded mining companies on the TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading Stock Exchanges.
Mining investors are invited to subscribe to the mining stocks news feed and newswire, Gold & Mining Stocks News at Investorideas.com.
http://www.investorideas.com/RSS/feeds/Gold-Mining-Stocks.xml
Investors can also research gold and mining stocks with the mining stocks directory, featuring Gold Stocks, Silver Stocks, Uranium Stocks, Copper Stocks, Zinc Stocks and Precious Metals TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading Stock Exchanges.
Mining and gold stocks directory: http://www.investorideas.com/Gold_Stocks/Stocks_List.asp
Publicly traded mining stocks are invited to Submit Mining and Gold Stock News to mining stock investors. News is featured on the Investor Ideas News wire and the New Gold and Mining RSS feed. The news is also carried on other financial and mining blogs and websites via the RSS syndication. To have your news published on the newswire, publicly traded companies can submit news and press releases here: http://www.investorideas.com/News-Upload/
Publicly traded gold and mining stocks can also gain extra visibility on Investor Ideas and its mining portals as a showcase mining company, or publishing their company profile. More details are available about the Mining Stocks Investor Awareness Programs here: http://www.investorideas.com/Investors/Mining_Stocks_Investor_Awareness.asp
About our Mining Portals:
www.Gold-MiningStocks.com and www.MiningSectorStocks.com, portals within the InvestorIdeas.com® content umbrella, feature industry and stock news, exclusive articles and financial columnists, audio interviews and podcasts, investor conferences, blogs, and a directory of stocks in the sector. Industry participants are invited to submit news, articles and research.
About InvestorIdeas.com:
InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, Middle East and Australia.
Become an Investorideas.com Member- Get 10 stock directories and investor newsletter for just $99 year
Learn more: http://www.investorideas.com/membership/ Resource and energy investors: The oil and gas stocks directory currently has over 500 publicly traded stocks from multiple global stock exchanges including TSX and ASX. The comprehensive the Natural Gas Stocks Directory gives investors a list of stocks on the TSX, ASX, OTC, NASDAQ and NYSE. Join us in the 2010 campaign- One Million Members Stronger…
Disclaimer: 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. 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.
For more information contact:
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com or cvanzant@investorideas.com
Monday, February 01, 2010
Firestone Ventures (FV:TSX-V;F5V:FSE) Announces Results from Quetzal Zinc-Lead-Silver Project
Firestone Ventures (FV:TSX-V;F5V:FSE) Announces Results from Quetzal Zinc-Lead-Silver Project
February 1, 2010 - Firestone Ventures Inc. (FV:TSX-V;F5V:FSE) is pleased to announce high-grade zinc, lead and silver results from 120 rock samples collected on the Company’s “Quetzal” property located 100 kilometres northeast of Guatemala City, Guatemala. Grab rock samples from outcrops and historic mine dumps contained up to 32% zinc, 2.8% lead and 26 ppm silver. Six continuous horizontal chip samples were collected from a historic mine tunnel and stope. The chip samples ranged from 1.7 to 2.7 metres over 14.2 metres of tunnel walls and averaged 18.5% zinc, 2.4% lead and 57 ppm silver over a vertical mineralized zone varying in true width from 2 to 5 metres.
“Our goal for 2010 is to find more zinc. These excellent results from one of our new properties represent the first modern exploration work covering a historic zinc-lead-silver mining district in central Guatemala. The Quetzal property produced a small amount of zinc and lead in the 1960s but has been dormant since then.” says Lori Walton, President of Firestone Ventures Inc.
During November and December field crews conducted geological mapping, surface and underground rock sampling and a soil survey in two areas of interest on the Quetzal property.
The first area of interest measures 300 x 400 metres and comprises a group of eight short tunnels and one shaft. Five surface rock samples in this area contained 0.19% to 19.8% zinc, 0.14% to 2.3% lead and <0.1 to 73 ppm silver. Firestone geologists were able to map and sample in six of the tunnels and in the one shaft with an adjacent stope.
Shaft and Stope #5 Results
The shaft descended eight metres to a stope which extended 14 metres north exposing a north-trending vertical zone of replacement-type zinc-lead-silver mineralization. The mineralization, consisting mainly of smithsonite (zinc carbonate), iron oxides and galena varied in true width from 2 to 5 metres. Six continuous horizontal chip samples ranging from 1.7 to 2.7 metres were collected over 14.2 metres of tunnel walls and averaged 18.5% zinc, 2.4% lead and 57 ppm silver. Individual chip sample values ranged from 12% to 22% zinc, 2.4% to 2.5% lead and 14.2 to 110 ppm silver.
Tunnels 11 and 12 Results
A mineralized zone 2 to 3 metres wide is exposed near the portal to the tunnels. The tunnels are caved 2 metres from the portal entrance. A one metre chip sample across the mineralized zone contained 15.3% zinc, 2.0% lead and 47.7 ppm silver. A second chip sample returned 9.7% zinc, 1.5% lead and 2.4 ppm silver across 2 metres. One grab rock sample from dump material contained 32% zinc, 2.8% lead and 26 ppm silver.
Tunnel #6 Results
Ten chip samples were collected from a breccia and stockwork zone 6 to 8 metres in true width. Six chip samples contained greater than 1.0% zinc including two chip samples containing greater than 3.0% zinc. A chip sample across 1.4 metres contained 5.8% zinc, 0.7% lead and 0.8 ppm silver. A 2.1 metre chip sample contained 3.21% zinc, 0.3% lead and 1.1 ppm silver. A grab sample from an ore pile contained 24% zinc, 2.4% lead and 32 ppm silver.
The second area of interest on the Quetzal property is located 400 metres to the north. Three rock grab samples from outcrops and dumps in the second area of interest contained 20.7% to 31.4% zinc, 1.7% to 2.4% lead, and 4 to 67 ppm silver. None of the old workings in this area are accessible, but surface alteration indicates a north-south trending zone of zinc-lead mineralization about 20 metres wide.
The geological setting (Permian dolomite and limestone), style and grade of the mineralization at the Quetzal property are similar to the mineralization at Firestone’s Torlon Hill zinc-lead-silver deposit in western Guatemala.
Results from an extensive soil geochemical grid on the Quetzal property are being compiled and drill targets will be identified in anticipation of a drilling program to establish the horizontal and vertical extent and grade of the zinc-lead-silver mineralization.
Rock samples were sent to the BSI Inspectorate facility in Guatemala City for preparation and then sent by courier to the International Plasma Labs Ltd. facility in Vancouver, British Columbia, Canada for analysis using 30 element ICP and 30g FA/AAS. The road-accessible Quetzal property (380 hectares) is 100% owned by Firestone subject to a 2% NSR.
This news release has been reviewed and approved by John Cleary, (CPG), Firestone’s Vice President of Exploration and Qualified Person in accordance with National Instrument 43-101 and by Al Workman, P.Geo., Vice President of Watts, Griffis and McOuat Limited and Independent Qualified Person.
Lori Walton, P. Geol., President Toll Free: 1-888-221-5588 Fax: (780) 428-3476
info@firestoneventures.com www.firestoneventures.com Trading Symbol: FV:TSX-V;F5V: FSE
For Investor Relations please call: Contact Financial Inc. at (604) 689-7422
This news release may contain forward looking statements, being statements which are not historical facts, including, without limitation, statements regarding potential mineralization, exploration results, resource or reserve estimates, anticipated production or results, sales, revenues, costs, "best-efforts" financings or discussions of future plans and objectives. There can be no assurance that such statements will prove accurate. Such statements are necessarily based upon a number of estimates and assumptions that are subject to numerous risks and uncertainties that could cause actual results and future events to differ materially from those anticipated or projected. Important factors that could cause actual results to differ materially from the Company's expectations are in Company documents filed from time to time with the TSX Venture Exchange and provincial securities regulators, most of which are available at www.sedar.com. The Company disclaims any intention or obligation to revise or update such statements. 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.
* News posted on Investorideas.com newswire and mining rss feed at Investorideas.com
_______________________________________________________
Resource investors can research gold and mining stocks with the mining stocks directory, featuring Gold Stocks, Silver Stocks, Uranium Stocks, Copper Stocks, Zinc Stocks and Precious Metals TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading Stock Exchanges.
http://www.investorideas.com/Gold_Stocks/Stocks_List.asp
Investors following mining stocks can purchase the mining stocks directory in a PDF format with hyperlinks to stocks symbol(s), company’s url and company’s description. The mining stocks directory page features a Paypal link and buy now button for easy online purchase.
Investors also have the option to access the directory as part of the Investor Ideas Membership premium content. The full directory is now available to Investor Ideas members as part of the annual membership that currently features an additional 9 stock directories and investor newsletter.
February 1, 2010 - Firestone Ventures Inc. (FV:TSX-V;F5V:FSE) is pleased to announce high-grade zinc, lead and silver results from 120 rock samples collected on the Company’s “Quetzal” property located 100 kilometres northeast of Guatemala City, Guatemala. Grab rock samples from outcrops and historic mine dumps contained up to 32% zinc, 2.8% lead and 26 ppm silver. Six continuous horizontal chip samples were collected from a historic mine tunnel and stope. The chip samples ranged from 1.7 to 2.7 metres over 14.2 metres of tunnel walls and averaged 18.5% zinc, 2.4% lead and 57 ppm silver over a vertical mineralized zone varying in true width from 2 to 5 metres.
“Our goal for 2010 is to find more zinc. These excellent results from one of our new properties represent the first modern exploration work covering a historic zinc-lead-silver mining district in central Guatemala. The Quetzal property produced a small amount of zinc and lead in the 1960s but has been dormant since then.” says Lori Walton, President of Firestone Ventures Inc.
During November and December field crews conducted geological mapping, surface and underground rock sampling and a soil survey in two areas of interest on the Quetzal property.
The first area of interest measures 300 x 400 metres and comprises a group of eight short tunnels and one shaft. Five surface rock samples in this area contained 0.19% to 19.8% zinc, 0.14% to 2.3% lead and <0.1 to 73 ppm silver. Firestone geologists were able to map and sample in six of the tunnels and in the one shaft with an adjacent stope.
Shaft and Stope #5 Results
The shaft descended eight metres to a stope which extended 14 metres north exposing a north-trending vertical zone of replacement-type zinc-lead-silver mineralization. The mineralization, consisting mainly of smithsonite (zinc carbonate), iron oxides and galena varied in true width from 2 to 5 metres. Six continuous horizontal chip samples ranging from 1.7 to 2.7 metres were collected over 14.2 metres of tunnel walls and averaged 18.5% zinc, 2.4% lead and 57 ppm silver. Individual chip sample values ranged from 12% to 22% zinc, 2.4% to 2.5% lead and 14.2 to 110 ppm silver.
Tunnels 11 and 12 Results
A mineralized zone 2 to 3 metres wide is exposed near the portal to the tunnels. The tunnels are caved 2 metres from the portal entrance. A one metre chip sample across the mineralized zone contained 15.3% zinc, 2.0% lead and 47.7 ppm silver. A second chip sample returned 9.7% zinc, 1.5% lead and 2.4 ppm silver across 2 metres. One grab rock sample from dump material contained 32% zinc, 2.8% lead and 26 ppm silver.
Tunnel #6 Results
Ten chip samples were collected from a breccia and stockwork zone 6 to 8 metres in true width. Six chip samples contained greater than 1.0% zinc including two chip samples containing greater than 3.0% zinc. A chip sample across 1.4 metres contained 5.8% zinc, 0.7% lead and 0.8 ppm silver. A 2.1 metre chip sample contained 3.21% zinc, 0.3% lead and 1.1 ppm silver. A grab sample from an ore pile contained 24% zinc, 2.4% lead and 32 ppm silver.
The second area of interest on the Quetzal property is located 400 metres to the north. Three rock grab samples from outcrops and dumps in the second area of interest contained 20.7% to 31.4% zinc, 1.7% to 2.4% lead, and 4 to 67 ppm silver. None of the old workings in this area are accessible, but surface alteration indicates a north-south trending zone of zinc-lead mineralization about 20 metres wide.
The geological setting (Permian dolomite and limestone), style and grade of the mineralization at the Quetzal property are similar to the mineralization at Firestone’s Torlon Hill zinc-lead-silver deposit in western Guatemala.
Results from an extensive soil geochemical grid on the Quetzal property are being compiled and drill targets will be identified in anticipation of a drilling program to establish the horizontal and vertical extent and grade of the zinc-lead-silver mineralization.
Rock samples were sent to the BSI Inspectorate facility in Guatemala City for preparation and then sent by courier to the International Plasma Labs Ltd. facility in Vancouver, British Columbia, Canada for analysis using 30 element ICP and 30g FA/AAS. The road-accessible Quetzal property (380 hectares) is 100% owned by Firestone subject to a 2% NSR.
This news release has been reviewed and approved by John Cleary, (CPG), Firestone’s Vice President of Exploration and Qualified Person in accordance with National Instrument 43-101 and by Al Workman, P.Geo., Vice President of Watts, Griffis and McOuat Limited and Independent Qualified Person.
Lori Walton, P. Geol., President Toll Free: 1-888-221-5588 Fax: (780) 428-3476
info@firestoneventures.com www.firestoneventures.com Trading Symbol: FV:TSX-V;F5V: FSE
For Investor Relations please call: Contact Financial Inc. at (604) 689-7422
This news release may contain forward looking statements, being statements which are not historical facts, including, without limitation, statements regarding potential mineralization, exploration results, resource or reserve estimates, anticipated production or results, sales, revenues, costs, "best-efforts" financings or discussions of future plans and objectives. There can be no assurance that such statements will prove accurate. Such statements are necessarily based upon a number of estimates and assumptions that are subject to numerous risks and uncertainties that could cause actual results and future events to differ materially from those anticipated or projected. Important factors that could cause actual results to differ materially from the Company's expectations are in Company documents filed from time to time with the TSX Venture Exchange and provincial securities regulators, most of which are available at www.sedar.com. The Company disclaims any intention or obligation to revise or update such statements. 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.
* News posted on Investorideas.com newswire and mining rss feed at Investorideas.com
_______________________________________________________
Resource investors can research gold and mining stocks with the mining stocks directory, featuring Gold Stocks, Silver Stocks, Uranium Stocks, Copper Stocks, Zinc Stocks and Precious Metals TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading Stock Exchanges.
http://www.investorideas.com/Gold_Stocks/Stocks_List.asp
Investors following mining stocks can purchase the mining stocks directory in a PDF format with hyperlinks to stocks symbol(s), company’s url and company’s description. The mining stocks directory page features a Paypal link and buy now button for easy online purchase.
Investors also have the option to access the directory as part of the Investor Ideas Membership premium content. The full directory is now available to Investor Ideas members as part of the annual membership that currently features an additional 9 stock directories and investor newsletter.
Saturday, January 30, 2010
Investorideas.com Gold and Mining Stocks Directory Updated– Now Features 1035 Publicly Traded Mining Companies
Investorideas.com Gold and Mining Stocks Directory Updated– Now Features 1035 Publicly Traded Mining Companies
DELTA, BC –January 30, 2010, www.InvestorIdeas.com, and its mining stocks portals www.Gold-MiningStocks.com , www.MiningSectorStocks.com, new mining stocks directory, with 1035 mining stocks is now available to investors in PDF format .
Mining and gold investors can research stocks with the mining stocks directory, featuring Gold Stocks, Silver Stocks, Uranium Stocks, Copper Stocks, Zinc Stocks and Precious Metals TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading Stock Exchanges.
Investors following mining stocks can purchase the directory in a PDF format with hyperlinks to stocks symbol(s), company’s url and company’s description.
Investors also have the option to access the directory as part of the Investor Ideas Membership premium content. The full directory is now available to Investor Ideas members as part of the annual membership that currently features an additional 9 stock directories and investor newsletter.
Investorideas.com plans to add several new directories, services and premium offers to members over the year ahead. Learn more : http://www.investorideas.com/membership/
Investorideas.com has created some of the most comprehensive online stock directories for investors in leading sectors. The renewable energy stocks directory has an estimated 900 stocks and the oil and gas stock directories has over 500 stocks.
The Investorideas.com stock directories are also sold by several global research firms. For a list of current partners for Investorideas.com visit our partners and links resource page at
http://www.investorideas.com/resources/.
Mining stocks directory Preview:
Abacus Mining & Exploration (TSX:AME.V) is a mineral exploration and development company with advanced-stage projects located in the prolific Afton Mining Camp near Kamloops, British Columbia (copper and gold).
Abcourt Mines (TSX:ABI.V; OTCPK:ABMBF) is an exploration and development company with strategically located properties in Northwestern Quebec, Canada. The Abcourt-Barvue project with 43-101 silver-zinc ore reserves and resources and the Elder mine with 43-101 gold resources and the Aldermac property with historical copper-zinc resources are all former producers. Abcourt is now focused on bringing the Abcourt-Barvue and Elder projects back in production and at the same time, it is working on other projects (Aldermac, Jonpol and Vendome), to increase its mineral resources inventory. A positive 43-101 feasibility study was completed in 2007 on the Abcourt-Barvue project. In addition, mill equipment has been purchased.
Aberdeen International (OTCPK:AABVF) is a publicly-traded global resource investment and merchant banking company focused on small cap companies in the Resource sector. We have a highly Experienced Management Team with a Global network to generate deal flow. Our Team has raised and financed over $1 Billion in the last five years in the Mining and Resource sector
Abitex Resources Inc. (TSX:ABE.V) is an exploration company based in Val d'Or, Quebec which has a diverse portfolio of uranium, gold and base metal exploration projects in Eastern Canada, three of which have historical resources. The Company is focused on advancing its uranium projects but is also evaluating new opportunities in order to enhance shareholder value
Acadian Mining Corporation (TSX:ADA.TO) is a Halifax, Nova Scotia, Canada based mining company that owns a zinc-lead mine (Scotia Mine) at Gays River, Nova Scotia, which is currently on care and maintenance, and is exploring and developing gold, zinc-lead, and barite properties in Atlantic Canada. Acadian holds a 29.18% interest in Royal Roads Corp. (TSX:RRO.V), which is actively exploring in Newfoundland and Labrador with a current focus on the historic Buchans Camp.
Acclaim Exploration NL (ASX:AEX.AX) is a publicly listed mineral exploration company based in Perth, Western Australia. Acclaim Exploration's primary focus is the Dalton Uranium / Gold Project in South Africa.
Get the full directory:
http://www.investorideas.com/Gold_Stocks/Stocks_List.asp
About our Mining Portals:
www.Gold-MiningStocks.com and www.MiningSectorStocks.com, portals within the InvestorIdeas.com® content umbrella, feature industry and stock news, exclusive articles and financial columnists, audio interviews and podcasts, investor conferences, blogs, and a directory of stocks in the sector. Industry participants are invited to submit news, articles and research.
About InvestorIdeas.com:
Investor Ideas is a global financial media online destination specialized in sector investing content. Investor Ideas (and portals within the hub) was one of the first online investing and business resources providing in-depth information, news and stock directories in renewable energy, homeland security and water sectors. InvestorIdeas.com features over twenty industry sectors and global markets including China, India, Middle East and Australia.
Become an Investorideas.com Member- Get 9 stock directories and investor newsletter for just $99 year
Members - Get the Mining stocks directory, oil and gas stocks directory , Natural Gas Stocks Directory , Water Stocks Directory, Renewable energy stocks directory, Biotech Stocks Directory, Defense and Homeland Security Stocks Directory, Fuel cell stocks Directory, Environment Stocks Directory and the investor newsletter- The Insiders Corner, covering insider buying trends in small cap stocks.
Disclaimer: 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. 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.
For more information contact:
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com or cvanzant@investorideas.com
-Public companies please contact us with updates, corrections and additions.
DELTA, BC –January 30, 2010, www.InvestorIdeas.com, and its mining stocks portals www.Gold-MiningStocks.com , www.MiningSectorStocks.com, new mining stocks directory, with 1035 mining stocks is now available to investors in PDF format .
Mining and gold investors can research stocks with the mining stocks directory, featuring Gold Stocks, Silver Stocks, Uranium Stocks, Copper Stocks, Zinc Stocks and Precious Metals TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading Stock Exchanges.
Investors following mining stocks can purchase the directory in a PDF format with hyperlinks to stocks symbol(s), company’s url and company’s description.
Investors also have the option to access the directory as part of the Investor Ideas Membership premium content. The full directory is now available to Investor Ideas members as part of the annual membership that currently features an additional 9 stock directories and investor newsletter.
Investorideas.com plans to add several new directories, services and premium offers to members over the year ahead. Learn more : http://www.investorideas.com/membership/
Investorideas.com has created some of the most comprehensive online stock directories for investors in leading sectors. The renewable energy stocks directory has an estimated 900 stocks and the oil and gas stock directories has over 500 stocks.
The Investorideas.com stock directories are also sold by several global research firms. For a list of current partners for Investorideas.com visit our partners and links resource page at
http://www.investorideas.com/resources/.
Mining stocks directory Preview:
Abacus Mining & Exploration (TSX:AME.V) is a mineral exploration and development company with advanced-stage projects located in the prolific Afton Mining Camp near Kamloops, British Columbia (copper and gold).
Abcourt Mines (TSX:ABI.V; OTCPK:ABMBF) is an exploration and development company with strategically located properties in Northwestern Quebec, Canada. The Abcourt-Barvue project with 43-101 silver-zinc ore reserves and resources and the Elder mine with 43-101 gold resources and the Aldermac property with historical copper-zinc resources are all former producers. Abcourt is now focused on bringing the Abcourt-Barvue and Elder projects back in production and at the same time, it is working on other projects (Aldermac, Jonpol and Vendome), to increase its mineral resources inventory. A positive 43-101 feasibility study was completed in 2007 on the Abcourt-Barvue project. In addition, mill equipment has been purchased.
Aberdeen International (OTCPK:AABVF) is a publicly-traded global resource investment and merchant banking company focused on small cap companies in the Resource sector. We have a highly Experienced Management Team with a Global network to generate deal flow. Our Team has raised and financed over $1 Billion in the last five years in the Mining and Resource sector
Abitex Resources Inc. (TSX:ABE.V) is an exploration company based in Val d'Or, Quebec which has a diverse portfolio of uranium, gold and base metal exploration projects in Eastern Canada, three of which have historical resources. The Company is focused on advancing its uranium projects but is also evaluating new opportunities in order to enhance shareholder value
Acadian Mining Corporation (TSX:ADA.TO) is a Halifax, Nova Scotia, Canada based mining company that owns a zinc-lead mine (Scotia Mine) at Gays River, Nova Scotia, which is currently on care and maintenance, and is exploring and developing gold, zinc-lead, and barite properties in Atlantic Canada. Acadian holds a 29.18% interest in Royal Roads Corp. (TSX:RRO.V), which is actively exploring in Newfoundland and Labrador with a current focus on the historic Buchans Camp.
Acclaim Exploration NL (ASX:AEX.AX) is a publicly listed mineral exploration company based in Perth, Western Australia. Acclaim Exploration's primary focus is the Dalton Uranium / Gold Project in South Africa.
Get the full directory:
http://www.investorideas.com/Gold_Stocks/Stocks_List.asp
About our Mining Portals:
www.Gold-MiningStocks.com and www.MiningSectorStocks.com, portals within the InvestorIdeas.com® content umbrella, feature industry and stock news, exclusive articles and financial columnists, audio interviews and podcasts, investor conferences, blogs, and a directory of stocks in the sector. Industry participants are invited to submit news, articles and research.
About InvestorIdeas.com:
Investor Ideas is a global financial media online destination specialized in sector investing content. Investor Ideas (and portals within the hub) was one of the first online investing and business resources providing in-depth information, news and stock directories in renewable energy, homeland security and water sectors. InvestorIdeas.com features over twenty industry sectors and global markets including China, India, Middle East and Australia.
Become an Investorideas.com Member- Get 9 stock directories and investor newsletter for just $99 year
Members - Get the Mining stocks directory, oil and gas stocks directory , Natural Gas Stocks Directory , Water Stocks Directory, Renewable energy stocks directory, Biotech Stocks Directory, Defense and Homeland Security Stocks Directory, Fuel cell stocks Directory, Environment Stocks Directory and the investor newsletter- The Insiders Corner, covering insider buying trends in small cap stocks.
Disclaimer: 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. 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.
For more information contact:
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com or cvanzant@investorideas.com
-Public companies please contact us with updates, corrections and additions.
Friday, January 29, 2010
AMI (TSX.V:AMU) ANNOUNCES NEWMONT GRANTED AN OPTION TO EARN INTO THE ANUORO LICENSE
AMI (TSX.V:AMU) ANNOUNCES NEWMONT GRANTED AN OPTION TO EARN INTO THE ANUORO LICENSE
Category: Investment, Gold, Mining
Vancouver, B.C. – January 29, 2010 - The Company, through its operating subsidiary AMI Africa Exploration Ltd. (“AMI”), wishes to announce that it has entered into an agreement with Newmont Ghana Gold Limited (“Newmont”), a subsidiary of Newmont Mining Corporation (NYSE:NEM). Under the agreement Newmont has the right to earn an initial 51% interest in the Anuoro license by spending US $2 million in work expenditures and property payments during the first 3-year period. A minimum of US$550,000 in work expenditures and property payments is required in the first year.
Upon Newmont earning a 51% interest, both AMI and Newmont will enter into a Joint Venture Agreement under which Newmont will have 90 days in which to elect to increase its interest in Anuoro to 75% by spending an additional US $2 million in work expenditures and property payments over the next two-years.
With the recent 2-year renewal of the 129 sq km Anuoro license, AMI welcomes Newmont’s regional expertise and financial resources to further develop this project.
We seek safe harbor.
For further information contact Dustin Elford, President at 604-669-2901
Published at Investorideas.com and www.Gold-MiningStocks.com and www.MiningSectorStocks.com, portals within the InvestorIdeas.com® content umbrella, feature industry and stock news, exclusive articles and financial columnists, audio interviews and podcasts, investor conferences, blogs, and a directory of stocks in the sector. Industry participants are invited to submit news, articles and research.
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Disclosure
AMU is a new showcase company on Investorideas.com and pays online advertising fees to be showcsed .
_________________________________________________________
Resource investors can research gold and mining stocks with the mining stocks directory, featuring Gold Stocks, Silver Stocks, Uranium Stocks, Copper Stocks, Zinc Stocks and Precious Metals TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading Stock Exchanges.
http://www.investorideas.com/Gold_Stocks/Stocks_List.asp
Investors following mining stocks can purchase the mining stocks directory in a PDF format with hyperlinks to stocks symbol(s), company’s url and company’s description. The mining stocks directory page features a Paypal link and buy now button for easy online purchase.
Investors also have the option to access the directory as part of the Investor Ideas Membership premium content. The full directory is now available to Investor Ideas members as part of the annual membership that currently features an additional 9 stock directories and investor newsletter.
Category: Investment, Gold, Mining
Vancouver, B.C. – January 29, 2010 - The Company, through its operating subsidiary AMI Africa Exploration Ltd. (“AMI”), wishes to announce that it has entered into an agreement with Newmont Ghana Gold Limited (“Newmont”), a subsidiary of Newmont Mining Corporation (NYSE:NEM). Under the agreement Newmont has the right to earn an initial 51% interest in the Anuoro license by spending US $2 million in work expenditures and property payments during the first 3-year period. A minimum of US$550,000 in work expenditures and property payments is required in the first year.
Upon Newmont earning a 51% interest, both AMI and Newmont will enter into a Joint Venture Agreement under which Newmont will have 90 days in which to elect to increase its interest in Anuoro to 75% by spending an additional US $2 million in work expenditures and property payments over the next two-years.
With the recent 2-year renewal of the 129 sq km Anuoro license, AMI welcomes Newmont’s regional expertise and financial resources to further develop this project.
We seek safe harbor.
For further information contact Dustin Elford, President at 604-669-2901
Published at Investorideas.com and www.Gold-MiningStocks.com and www.MiningSectorStocks.com, portals within the InvestorIdeas.com® content umbrella, feature industry and stock news, exclusive articles and financial columnists, audio interviews and podcasts, investor conferences, blogs, and a directory of stocks in the sector. Industry participants are invited to submit news, articles and research.
______________________________________________________
Disclosure
AMU is a new showcase company on Investorideas.com and pays online advertising fees to be showcsed .
_________________________________________________________
Resource investors can research gold and mining stocks with the mining stocks directory, featuring Gold Stocks, Silver Stocks, Uranium Stocks, Copper Stocks, Zinc Stocks and Precious Metals TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading Stock Exchanges.
http://www.investorideas.com/Gold_Stocks/Stocks_List.asp
Investors following mining stocks can purchase the mining stocks directory in a PDF format with hyperlinks to stocks symbol(s), company’s url and company’s description. The mining stocks directory page features a Paypal link and buy now button for easy online purchase.
Investors also have the option to access the directory as part of the Investor Ideas Membership premium content. The full directory is now available to Investor Ideas members as part of the annual membership that currently features an additional 9 stock directories and investor newsletter.
Thursday, January 28, 2010
New Gold and Mining stocks Group on Linkedin.com
A group for anyone who works for or follows publicly traded Gold and Mining/Resource stocks. Share and discuss recent news and trends on publicly traded Mining stocks
http://www.linkedin.com/groups?about=&gid=2706310&trk=anet_ug_grppro
______________________________________
Resource investors can research gold and mining stocks with the mining stocks directory, featuring Gold Stocks, Silver Stocks, Uranium Stocks, Copper Stocks, Zinc Stocks and Precious Metals TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading Stock Exchanges.
http://www.investorideas.com/Gold_Stocks/Stocks_List.asp
Investors following mining stocks can purchase the mining stocks directory in a PDF format with hyperlinks to stocks symbol(s), company’s url and company’s description. The mining stocks directory page features a Paypal link and buy now button for easy online purchase.
Investors also have the option to access the directory as part of the Investor Ideas Membership premium content. The full directory is now available to Investor Ideas members as part of the annual membership that currently features an additional 9 stock directories and investor newsletter.
http://www.linkedin.com/groups?about=&gid=2706310&trk=anet_ug_grppro
______________________________________
Resource investors can research gold and mining stocks with the mining stocks directory, featuring Gold Stocks, Silver Stocks, Uranium Stocks, Copper Stocks, Zinc Stocks and Precious Metals TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading Stock Exchanges.
http://www.investorideas.com/Gold_Stocks/Stocks_List.asp
Investors following mining stocks can purchase the mining stocks directory in a PDF format with hyperlinks to stocks symbol(s), company’s url and company’s description. The mining stocks directory page features a Paypal link and buy now button for easy online purchase.
Investors also have the option to access the directory as part of the Investor Ideas Membership premium content. The full directory is now available to Investor Ideas members as part of the annual membership that currently features an additional 9 stock directories and investor newsletter.
Wednesday, January 27, 2010
Savant (SVT.TSX-V) Obtains TSX Venture Approval for Parbec Property Acquisition
Savant (SVT.TSX-V) Obtains TSX Venture Approval for Parbec Property Acquisition
Vancouver, BC, January 27, 2010, – Savant Explorations Ltd. (SVT.TSX-V) (“Savant”) is pleased to announce that it has obtained the approval of the TSX Venture Exchange for the transaction with Globex Mining Enterprises Inc (GMX.TSX) to acquire an option for a 100% interest in the Parbec Gold Property, Quebec. The definitive agreement for this transaction was announced by Savant on January 11, 2010.
The Parbec property is located along the prolific Cadillac Break, 20km east of the Cadillac Gold Camp, Quebec's largest gold producing district, and 5km west and along strike from the historic Malartic Gold Camp where Osisko Mining is currently developing the large open pittable Canadian Malartic Gold Project estimated to contain a total in-pit measured and indicated resource of 9.17 Million ounces (Osisko December 14, 2009 press release).
This news release contains forward-looking statements concerning the Parbec Property. These statements are based on assumptions and judgments of management regarding future events or results that may prove to be inaccurate as a result of failure to obtain necessary regulatory approvals, the failure to reach agreement on final documentation, exploration results and other risk factors that are beyond Savant’s control. There can be no assurance that such forward-looking statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements contained in this news release.
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.
______________________________________________________
Resource investors can research gold and mining stocks with the mining stocks directory, featuring Gold Stocks, Silver Stocks, Uranium Stocks, Copper Stocks, Zinc Stocks and Precious Metals TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading Stock Exchanges.
http://www.investorideas.com/Gold_Stocks/Stocks_List.asp
Investors following mining stocks can purchase the mining stocks directory in a PDF format with hyperlinks to stocks symbol(s), company’s url and company’s description. The mining stocks directory page features a Paypal link and buy now button for easy online purchase.
Investors also have the option to access the directory as part of the Investor Ideas Membership premium content. The full directory is now available to Investor Ideas members as part of the annual membership that currently features an additional 9 stock directories and investor newsletter.
Vancouver, BC, January 27, 2010, – Savant Explorations Ltd. (SVT.TSX-V) (“Savant”) is pleased to announce that it has obtained the approval of the TSX Venture Exchange for the transaction with Globex Mining Enterprises Inc (GMX.TSX) to acquire an option for a 100% interest in the Parbec Gold Property, Quebec. The definitive agreement for this transaction was announced by Savant on January 11, 2010.
The Parbec property is located along the prolific Cadillac Break, 20km east of the Cadillac Gold Camp, Quebec's largest gold producing district, and 5km west and along strike from the historic Malartic Gold Camp where Osisko Mining is currently developing the large open pittable Canadian Malartic Gold Project estimated to contain a total in-pit measured and indicated resource of 9.17 Million ounces (Osisko December 14, 2009 press release).
This news release contains forward-looking statements concerning the Parbec Property. These statements are based on assumptions and judgments of management regarding future events or results that may prove to be inaccurate as a result of failure to obtain necessary regulatory approvals, the failure to reach agreement on final documentation, exploration results and other risk factors that are beyond Savant’s control. There can be no assurance that such forward-looking statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements contained in this news release.
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.
______________________________________________________
Resource investors can research gold and mining stocks with the mining stocks directory, featuring Gold Stocks, Silver Stocks, Uranium Stocks, Copper Stocks, Zinc Stocks and Precious Metals TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading Stock Exchanges.
http://www.investorideas.com/Gold_Stocks/Stocks_List.asp
Investors following mining stocks can purchase the mining stocks directory in a PDF format with hyperlinks to stocks symbol(s), company’s url and company’s description. The mining stocks directory page features a Paypal link and buy now button for easy online purchase.
Investors also have the option to access the directory as part of the Investor Ideas Membership premium content. The full directory is now available to Investor Ideas members as part of the annual membership that currently features an additional 9 stock directories and investor newsletter.
Kodiak (TSX.V KXL) Grants Options to Officers, New Director
Kodiak (TSX.V KXL) Grants Options to Officers, New Director
VANCOUVER, BRITISH COLUMBIA - January 27, 2010 - Kodiak Exploration Limited (TSX.V KXL) (Frankfurt:KX3) has granted incentive stock options to its newest Board member, the Company's President and Chief Operating Officer, its Chief Financial Officer and its Vice-President, Exploration, to purchase up to an aggregate of 1,350,000 shares of the Company. The options will vest over periods ranging from 12 months to three years after the date of grant. Vesting may be accelerated upon the occurrence of certain stated events provided for in the Company's Stock Option Plan. The options are all exercisable at the price of $0.50 per share from and after the times at which they vest until January 26, 2015, subject to any earlier termination in accordance with their terms.
ON behalf of the Board of DirectorsBrian J. MaherPresident and Chief Operating Officer
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. This release may contain forward-looking statements or statements that relate to programs that involve a number of risks and uncertainties. Actual events or results could differ materially from the Company's expectations and projections.
Contact:Yilu Lucy ZhangKodiak Exploration LimitedEmail: ir@kodiakexp.comwww.kodiakexp.com
News at the Investor Ideas Newswire
______________________________________
Resource investors can research gold and mining stocks with the mining stocks directory, featuring Gold Stocks, Silver Stocks, Uranium Stocks, Copper Stocks, Zinc Stocks and Precious Metals TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading Stock Exchanges.
http://www.investorideas.com/Gold_Stocks/Stocks_List.asp
Investors following mining stocks can purchase the mining stocks directory in a PDF format with hyperlinks to stocks symbol(s), company’s url and company’s description. The mining stocks directory page features a Paypal link and buy now button for easy online purchase.
Investors also have the option to access the directory as part of the Investor Ideas Membership premium content. The full directory is now available to Investor Ideas members as part of the annual membership that currently features an additional 9 stock directories and investor newsletter.
VANCOUVER, BRITISH COLUMBIA - January 27, 2010 - Kodiak Exploration Limited (TSX.V KXL) (Frankfurt:KX3) has granted incentive stock options to its newest Board member, the Company's President and Chief Operating Officer, its Chief Financial Officer and its Vice-President, Exploration, to purchase up to an aggregate of 1,350,000 shares of the Company. The options will vest over periods ranging from 12 months to three years after the date of grant. Vesting may be accelerated upon the occurrence of certain stated events provided for in the Company's Stock Option Plan. The options are all exercisable at the price of $0.50 per share from and after the times at which they vest until January 26, 2015, subject to any earlier termination in accordance with their terms.
ON behalf of the Board of DirectorsBrian J. MaherPresident and Chief Operating Officer
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. This release may contain forward-looking statements or statements that relate to programs that involve a number of risks and uncertainties. Actual events or results could differ materially from the Company's expectations and projections.
Contact:Yilu Lucy ZhangKodiak Exploration LimitedEmail: ir@kodiakexp.comwww.kodiakexp.com
News at the Investor Ideas Newswire
______________________________________
Resource investors can research gold and mining stocks with the mining stocks directory, featuring Gold Stocks, Silver Stocks, Uranium Stocks, Copper Stocks, Zinc Stocks and Precious Metals TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading Stock Exchanges.
http://www.investorideas.com/Gold_Stocks/Stocks_List.asp
Investors following mining stocks can purchase the mining stocks directory in a PDF format with hyperlinks to stocks symbol(s), company’s url and company’s description. The mining stocks directory page features a Paypal link and buy now button for easy online purchase.
Investors also have the option to access the directory as part of the Investor Ideas Membership premium content. The full directory is now available to Investor Ideas members as part of the annual membership that currently features an additional 9 stock directories and investor newsletter.
Linear Gold Commences Drilling at Goldfields Project
Linear Gold Commences Drilling at Goldfields Project
HALIFAX, NOVA SCOTIA, January 27, 2010: Linear Gold Corp. (TSX: LRR) (“Linear”) is pleased to announce that drilling has commenced at its Goldfields Mine Development Project, host to Linear’s 100% owned Box and Athona Gold Deposits. The Goldfields Project includes over 25,000 hectares of contiguous property holdings located within a prolific gold-bearing region of Saskatchewan, Canada. The Box and Athona Gold Deposits are being developed as open pit operations with combined Proven and Probable gold reserves of 1,030,400 ounces.
Linear’s planned 2010 drill program will focus on the following objectives:
Drilling will test for additional gold mineralization below the bottom of the proposed Box Mine open- pit. The planned 3000 metre Box Deposit drill program will consist of between 10 to 15 drill holes, initially focusing on areas where potential ore-grade results have been returned from limited drilling completed and reported by GLR Resources Inc. during 2007, including:
Hole B07-292, which returned 2.13 grams per tonne of gold over an estimated true width of 47.81 metres, including 8.35 grams per tonne of gold over 8.60 metres; and
Hole B07-294, which returned 6.32 grams per tonne of gold over an estimated true width of 16.72 metres, including 11.47 grams per tonne of gold over 8.80 metres.
Following the completion of the initial 3000 metre drill program and the return of positive results, a follow-up infill drill program will be designed to incorporate the additional mineralization in to an updated Box Deposit gold resource estimate.
Drilling will follow-up and test geophysical anomalies identified within a planned 840 hectare sector of the Goldfields Project which will be surveyed by the advanced Titan 24 geophysical system. The Induced Polarization (IP) and Resistivity (DCIP) survey, which will be completed in February 2010, has been designed to identify anomalies with the potential to host mineralized systems near the Box and Athona Gold Deposits including the two kilometre area between the deposits. The Titan geophysical system is designed to acquire high-resolution results to depths of approximately 700 metres, depths that are unachievable with conventional geophysics or airborne geophysics. Through processing, inversion and interpretation of results, information can be obtained on conductive mineralization, disseminated mineralization, alteration, structure and geology resulting in highly prospective drill targets.
Drilling will be completed to test the following highly prospective targets:
The down-dip and along strike gold mineralization outside of the proposed design of the Athona Deposit open-pit; and
historic gold occurrences on the property including:
The Golden Pond occurrence, located approximately three kilometres northeast of the Box Deposit, where GLR Resources intersected 5.07 grams per tonne over 15 metres and16.57 grams per tonne over13.6 metres.
Howard Bird, Linear’s Vice President of Exploration, stated: “I am pleased that the Goldfield’s 2010 exploration program has commenced and look forward to the drill results which are expected to add additional ounces to the gold resource at the Box Deposit. Furthermore, the interpretation of three-dimensional model results from the IP geophysical program is expected to identify exciting target anomalies where drill testing may result in the discovery of large-scale bulk-tonnage gold occurrences similar to the Box and Athona Deposits, and/or high-grade gold vein occurrences. Exciting upside potential also exists in the Athona Deposit exploration drill program, as well as the testing of historic gold occurrences.”
The Goldfields project area hosts a wide variety of mineralization and historical underground development, including the Box Mine, which produced as an underground gold mining operation from 1939 to 1942. Twelve additional gold occurrences have been documented on the property. All of the known gold deposits and occurrences are exposed at surface, most of which were discovered through surface prospecting during the 1930’s. The Box and the Athona Deposits, the two known deposits on the property, are located two kilometres apart and will utilize a central processing mill facility. The Box and Athona Deposits are both large multi-million tonne open pit deposits, located on the western flank and near the nose of the Goldfields syncline. Both deposits have potential for increased open pit gold resources and there is good potential for higher grade gold mineralization, which may be suitable for underground mining methods below the proposed open pits.
The Goldfields project area is located 25 kilometres from Uranium City, Saskatchewan, and is serviced by excellent local infrastructure, including an airport, hydro-electric power, telecommunications, a good road system, a field office, a core shack and living quarters with kitchen facilities for the exploration team.
For further information, please contact:
Linear Gold Corp
Sean Tufford
Director of Investor Relations
(902) 422-1421
Website: www.lineargoldcorp.com
Michael Sylvestre, P.Eng., COO of Linear and a qualified person under National Instrument 43-101, has approved the technical information and has read this press release.
The TSX Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Information This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the future financial or operating performance of Linear and the Goldfields Project, statements regarding exploration prospects, statements regarding synergies and financial impact of the proposed transaction, the terms and conditions of the transaction, the benefits of the proposed transaction, the identification of mineral reserves and resources, costs of and capital for exploration and development projects, exploration and development expenditures, timing of future exploration and development activities, expected production, requirements for additional capital, government regulation of mining operations, environmental risks, reclamation expenses, title disputes or claims, limitations of insurance coverage and the timing and possible outcome of pending litigation and regulatory matters. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved".Forward-looking information is based on various assumptions and on the best estimates of Linear, as the case may be, as of the date hereof, and is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company (and the company resulting from the successful completion of the proposed transaction) to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic, competitive, political and social uncertainties; the actual results of current exploration activities; delay or failure to receive board or regulatory approvals; timing and availability of external financing on acceptable terms; conclusions of economic evaluations; changes in project parameters as plans continue to be refined; future prices of mineral prices; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes and other risks of the mining industry; and, delays in obtaining governmental approvals or required financing or in the completion of activities, and as well as those risks identified under “Risk Factors” disclosure sections in the documents filed under the profile of SEDAR by Linear from time to time. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
_________________________________
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HALIFAX, NOVA SCOTIA, January 27, 2010: Linear Gold Corp. (TSX: LRR) (“Linear”) is pleased to announce that drilling has commenced at its Goldfields Mine Development Project, host to Linear’s 100% owned Box and Athona Gold Deposits. The Goldfields Project includes over 25,000 hectares of contiguous property holdings located within a prolific gold-bearing region of Saskatchewan, Canada. The Box and Athona Gold Deposits are being developed as open pit operations with combined Proven and Probable gold reserves of 1,030,400 ounces.
Linear’s planned 2010 drill program will focus on the following objectives:
Drilling will test for additional gold mineralization below the bottom of the proposed Box Mine open- pit. The planned 3000 metre Box Deposit drill program will consist of between 10 to 15 drill holes, initially focusing on areas where potential ore-grade results have been returned from limited drilling completed and reported by GLR Resources Inc. during 2007, including:
Hole B07-292, which returned 2.13 grams per tonne of gold over an estimated true width of 47.81 metres, including 8.35 grams per tonne of gold over 8.60 metres; and
Hole B07-294, which returned 6.32 grams per tonne of gold over an estimated true width of 16.72 metres, including 11.47 grams per tonne of gold over 8.80 metres.
Following the completion of the initial 3000 metre drill program and the return of positive results, a follow-up infill drill program will be designed to incorporate the additional mineralization in to an updated Box Deposit gold resource estimate.
Drilling will follow-up and test geophysical anomalies identified within a planned 840 hectare sector of the Goldfields Project which will be surveyed by the advanced Titan 24 geophysical system. The Induced Polarization (IP) and Resistivity (DCIP) survey, which will be completed in February 2010, has been designed to identify anomalies with the potential to host mineralized systems near the Box and Athona Gold Deposits including the two kilometre area between the deposits. The Titan geophysical system is designed to acquire high-resolution results to depths of approximately 700 metres, depths that are unachievable with conventional geophysics or airborne geophysics. Through processing, inversion and interpretation of results, information can be obtained on conductive mineralization, disseminated mineralization, alteration, structure and geology resulting in highly prospective drill targets.
Drilling will be completed to test the following highly prospective targets:
The down-dip and along strike gold mineralization outside of the proposed design of the Athona Deposit open-pit; and
historic gold occurrences on the property including:
The Golden Pond occurrence, located approximately three kilometres northeast of the Box Deposit, where GLR Resources intersected 5.07 grams per tonne over 15 metres and16.57 grams per tonne over13.6 metres.
Howard Bird, Linear’s Vice President of Exploration, stated: “I am pleased that the Goldfield’s 2010 exploration program has commenced and look forward to the drill results which are expected to add additional ounces to the gold resource at the Box Deposit. Furthermore, the interpretation of three-dimensional model results from the IP geophysical program is expected to identify exciting target anomalies where drill testing may result in the discovery of large-scale bulk-tonnage gold occurrences similar to the Box and Athona Deposits, and/or high-grade gold vein occurrences. Exciting upside potential also exists in the Athona Deposit exploration drill program, as well as the testing of historic gold occurrences.”
The Goldfields project area hosts a wide variety of mineralization and historical underground development, including the Box Mine, which produced as an underground gold mining operation from 1939 to 1942. Twelve additional gold occurrences have been documented on the property. All of the known gold deposits and occurrences are exposed at surface, most of which were discovered through surface prospecting during the 1930’s. The Box and the Athona Deposits, the two known deposits on the property, are located two kilometres apart and will utilize a central processing mill facility. The Box and Athona Deposits are both large multi-million tonne open pit deposits, located on the western flank and near the nose of the Goldfields syncline. Both deposits have potential for increased open pit gold resources and there is good potential for higher grade gold mineralization, which may be suitable for underground mining methods below the proposed open pits.
The Goldfields project area is located 25 kilometres from Uranium City, Saskatchewan, and is serviced by excellent local infrastructure, including an airport, hydro-electric power, telecommunications, a good road system, a field office, a core shack and living quarters with kitchen facilities for the exploration team.
For further information, please contact:
Linear Gold Corp
Sean Tufford
Director of Investor Relations
(902) 422-1421
Website: www.lineargoldcorp.com
Michael Sylvestre, P.Eng., COO of Linear and a qualified person under National Instrument 43-101, has approved the technical information and has read this press release.
The TSX Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Information This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the future financial or operating performance of Linear and the Goldfields Project, statements regarding exploration prospects, statements regarding synergies and financial impact of the proposed transaction, the terms and conditions of the transaction, the benefits of the proposed transaction, the identification of mineral reserves and resources, costs of and capital for exploration and development projects, exploration and development expenditures, timing of future exploration and development activities, expected production, requirements for additional capital, government regulation of mining operations, environmental risks, reclamation expenses, title disputes or claims, limitations of insurance coverage and the timing and possible outcome of pending litigation and regulatory matters. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved".Forward-looking information is based on various assumptions and on the best estimates of Linear, as the case may be, as of the date hereof, and is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company (and the company resulting from the successful completion of the proposed transaction) to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic, competitive, political and social uncertainties; the actual results of current exploration activities; delay or failure to receive board or regulatory approvals; timing and availability of external financing on acceptable terms; conclusions of economic evaluations; changes in project parameters as plans continue to be refined; future prices of mineral prices; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes and other risks of the mining industry; and, delays in obtaining governmental approvals or required financing or in the completion of activities, and as well as those risks identified under “Risk Factors” disclosure sections in the documents filed under the profile of SEDAR by Linear from time to time. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
_________________________________
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Wednesday, January 20, 2010
Investor Ideas Newswire Reminder on News Upload URL Change for Mining Stocks News
Investor Ideas Newswire Reminder on News Upload URL Change for Renewable Energy Stocks, Water Stocks and Mining Stocks News
Publicly Traded Companies Reminded to Bookmark Press Release Upload URL
POINT ROBERTS, WA, Delta BC – January 20 , 2010 -Investorideas.com, a leading global investor and industry research portal covering multiple industry sectors including renewable energy, water and mining reminds publicly traded companies and private companies of changes in the news upload URL.
Investorideas.com recently changed hosting companies and had to make several site changes including changes to the press release and news release url - http://www.investorideas.com/News-Upload as well as the research and investing articles upload url - http://www.investorideas.com/News-Upload/Submit_Article/Default.aspx.
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Publicly Traded Companies Reminded to Bookmark Press Release Upload URL
POINT ROBERTS, WA, Delta BC – January 20 , 2010 -Investorideas.com, a leading global investor and industry research portal covering multiple industry sectors including renewable energy, water and mining reminds publicly traded companies and private companies of changes in the news upload URL.
Investorideas.com recently changed hosting companies and had to make several site changes including changes to the press release and news release url - http://www.investorideas.com/News-Upload as well as the research and investing articles upload url - http://www.investorideas.com/News-Upload/Submit_Article/Default.aspx.
Sectors covered on Investor Ideas include: renewable energy, natural gas, oil and gas, water, mining, tech, defense & Homeland Security, biotech, digital media, nanotech, RFID and more.
About Investorideas.com Newswire:
Investor Ideas Newswire is fast becoming a valuable news source for investors and industry leaders. Readers can subscribe to the feed, companies can submit news to the feed and investment and news sites can add the RSS feed for free. Investor Ideas Newswire is syndicated and is carried on multiple financial and industry news sources. In addition all news is bookmarked for social networking on all leading sources including Twitter and Facebook .
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About InvestorIdeas.com: Investorideas.com creates a meeting place for investing ideas to take form and come to life in an entrepreneurial environment, servicing the needs of small investors and start- up companies to large conglomerates! We cover multiple industry sectors but specialize in environmental and water.
Investorideas.com Members- access to our 9 stock directories in leading sectors: renewable energy stocks, water stocks, mining, fuel cell stocks, natural gas stocks, defense stocks, biotech stocks and oil and gas stocks.
Join Today – Become an Investor Ideas Member
Disclaimer: 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. 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.
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Tuesday, January 19, 2010
Mining Stocks News -TOMBSTONE EXPLORATION CORP (OTCBB:TMBXF)
Mining Stocks News -TOMBSTONE EXPLORATION CORP. (OTCBB:TMBXF) HIRES STEVE RADVAK AS VICE PRESIDENT-EXPLORATION
Phoenix, AZ -- January 12, 2010 – Tombstone Exploration Corp. (OTCBB:TMBXF) announced today that it has hired Steve Radvak, P.E. as Vice President of Exploration, Director. Mr. Radvak has extensive experience in managing mineral exploration projects in the United States, Canada, Africa and Europe. He has a B.A. Sc in Mining and Mineral Processing Engineering from the University of British Columbia.
Alan Brown, President and CEO of Tombstone, remarked, “We are extremely fortunate to retain the services of Steve. He has just the right experience that includes completing technical reports, permitting and construction of mining facilities which will maximize the development of our Arizona acreage.”
Tombstone Exploration Corporation (TMBXF) is focused primarily on exploration and development of mineral resources. Tombstone Exploration Corporation has the mineral rights to approximately 11,500 acres of historical mining land in the areas around Tombstone, Arizona and is now the largest landholder in the Tombstone Mining District.
For more information on Tombstone Exploration Corporation, please visit www.tombstonemining.com.
FORWARD-LOOKING STATEMENTS
Statements contained herein that are not historical facts may be forward-looking statements within the meaning of the Securities Act of 1933, as amended. Forward-looking statements include statements regarding the intent, belief or current expectations of the Company and its management. Such statements are estimates only, as the Company has not completed the preparation of its financial statements for those periods, nor has its auditor completed the audit of those results. Actual revenue may differ materially from those anticipated in this press release. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to Tombstone Exploration Corporation's ability to obtain additional financing. Tombstone Exploration Corporation undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in Tombstone Exploration Corporation's expectations with regard to these forward-looking statements or the occurrence of unanticipated events. Factors that may impact Tombstone Exploration Corporation's success are more fully disclosed in Tombstone Exploration Corporation most recent public filings with the U.S. Securities and Exchange Commission.
CONTACT:Tombstone Exploration Corporation
Alan M. BrownPresidentalanmbrown@cox.net
480-305-4507
Investor Relations:The Eversull Group, Inc.Jack Eversull972-378-7917 or 972-571-1624jack@theeversullgroup.com
________________________________________________
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Phoenix, AZ -- January 12, 2010 – Tombstone Exploration Corp. (OTCBB:TMBXF) announced today that it has hired Steve Radvak, P.E. as Vice President of Exploration, Director. Mr. Radvak has extensive experience in managing mineral exploration projects in the United States, Canada, Africa and Europe. He has a B.A. Sc in Mining and Mineral Processing Engineering from the University of British Columbia.
Alan Brown, President and CEO of Tombstone, remarked, “We are extremely fortunate to retain the services of Steve. He has just the right experience that includes completing technical reports, permitting and construction of mining facilities which will maximize the development of our Arizona acreage.”
Tombstone Exploration Corporation (TMBXF) is focused primarily on exploration and development of mineral resources. Tombstone Exploration Corporation has the mineral rights to approximately 11,500 acres of historical mining land in the areas around Tombstone, Arizona and is now the largest landholder in the Tombstone Mining District.
For more information on Tombstone Exploration Corporation, please visit www.tombstonemining.com.
FORWARD-LOOKING STATEMENTS
Statements contained herein that are not historical facts may be forward-looking statements within the meaning of the Securities Act of 1933, as amended. Forward-looking statements include statements regarding the intent, belief or current expectations of the Company and its management. Such statements are estimates only, as the Company has not completed the preparation of its financial statements for those periods, nor has its auditor completed the audit of those results. Actual revenue may differ materially from those anticipated in this press release. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to Tombstone Exploration Corporation's ability to obtain additional financing. Tombstone Exploration Corporation undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in Tombstone Exploration Corporation's expectations with regard to these forward-looking statements or the occurrence of unanticipated events. Factors that may impact Tombstone Exploration Corporation's success are more fully disclosed in Tombstone Exploration Corporation most recent public filings with the U.S. Securities and Exchange Commission.
CONTACT:Tombstone Exploration Corporation
Alan M. BrownPresidentalanmbrown@cox.net
480-305-4507
Investor Relations:The Eversull Group, Inc.Jack Eversull972-378-7917 or 972-571-1624jack@theeversullgroup.com
________________________________________________
Resource investors can research gold and mining stocks with the mining stocks directory, featuring Gold Stocks, Silver Stocks, Uranium Stocks, Copper Stocks, Zinc Stocks and Precious Metals TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading Stock Exchanges.
http://www.investorideas.com/Gold_Stocks/Stocks_List.asp
Investors following mining stocks can purchase the mining stocks directory in a PDF format with hyperlinks to stocks symbol(s), company’s url and company’s description. The mining stocks directory page features a Paypal link and buy now button for easy online purchase.
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Sunday, January 17, 2010
Mining Stocks News - Teck (TSX: TCK.A and TCK.B, NYSE: TCK) Comments on Red Dog Permit Appeal
Teck (TSX: TCK.A and TCK.B, NYSE: TCK) Comments on Red Dog Permit Appeal
VANCOUVER, BRITISH COLUMBIA--- Jan. 15, 2010 - Teck Resources Limited (TSX: TCK.A and TCK.B, NYSE: TCK) commented on an appeal filed today against the State of Alaska's certification of a water discharge permit recently issued to Teck Alaska's Red Dog Mine by the U.S. Environmental Protection Agency ("EPA").
Two nonprofit law firms joined with local tribal and environmental organizations to file a request for an adjudicatory hearing with the State of Alaska of their appeal of the State's certification of the National Pollution Discharge Elimination System (NPDES) permit (the mine's main water discharge permit). The appeal asserts that certain permit provisions do not comply with the Clean Water Act. If successful, the appeal could result in revisions to the permit conditions or revocation of the permit. The organizations did not request that the permit be stayed, allowing the certification to remain in effect during adjudication of this specific appeal.
The certification was issued on December 15, 2009, when, in accordance with Section 401 of the Clean Water Act, the State of Alaska certified that the renewed NPDES permit would comply with all applicable State water quality regulations.
"The State and Federal agencies have just completed a very thorough review of water quality issues associated with Red Dog," said Jim Kulas, Manager, Environmental and Public Affairs for Teck. "Based on years of data documenting a healthy downstream environment, in the agencies' judgment, the permit will be fully protective of human health and the environment. Teck believes that the regulatory process has been robust and appropriate."
The NPDES permit was issued by the EPA on January 8, 2010. The appeal period for the NPDES permit expires on February 16, 2010.
The Army Corps of Engineers permit for the Aqqaluk Deposit, the next ore body to be mined at Red Dog, is the only outstanding agency authorization for the next phase of mining at Red Dog. This permit is undergoing final agency review but has not yet been issued. There is no specific period established for an appeal of this permit.
Other state and local permits required for development of Aqqaluk were received in December. The appeal period for those permits has expired without appeal. As previously noted, development of the Aqqaluk Deposit at Red Dog could be delayed as a result of delays in permit issuance or appeals of permits issued. Any delay extending beyond the first quarter of 2010 will likely result in a reduction or interruption of Red Dog production.
Teck and its partner, indigenous landowner NANA Regional Corporation, Inc., continue to communicate with all stakeholders in an effort to respond to concerns raised and to mitigate the risk of an interruption to the Red Dog Operation.
"We are looking forward to completion of this process so that Red Dog can acquire the permits necessary to develop the Aqqaluk Deposit," said Rosie Barr, Resources Manager, NANA Regional Corporation, Inc. "It is my hope that the permitting process stays on schedule so that the essential economic, cultural and social benefits that are provided by the mine can continue. NANA is committed to working with the EPA and our partners at Teck to complete this process and to keep Red Dog operating for our people and the residents of Alaska for another 20 years."
Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and forward-looking information as defined in the Securities Act (Ontario). Forward-looking statements and information include statements regarding Teck's expectations regarding the potential impact of permitting delays on future production from the Red Dog mine. Forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Teck to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements.
Factors that may cause actual results to vary include, but are not limited to, potential appeals of regulatory actions, changes in regulations, court decisions, and operational mining risks. Certain of these risks are described in more detail in the annual information form of Teck and in its public filings with Canadian securities administrators and the U.S. Securities and Exchange Commission. Teck does not assume the obligation to revise or update these forward-looking statements after the date of this document or to revise them to reflect the occurrence of future unanticipated events, except as may be required under applicable securities laws.
About Teck
Teck is a diversified resource company committed to responsible mining and mineral development with major business units focused on copper, metallurgical coal, zinc, gold and energy. Headquartered in Vancouver, Canada, its shares are listed on the Toronto Stock Exchange under the symbols TCK.A and TCK.B and the New York Stock Exchange under the symbol TCK. Further information about Teck can be found at www.teck.com.
For more information, please contact
Teck Resources LimitedJim KulasManager, Environmental and Public Affairs, Red Dog Mine(907)426-9129/351-8866Jim.Kulas@teck.comwww.teck.com
______________________________________________
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VANCOUVER, BRITISH COLUMBIA--- Jan. 15, 2010 - Teck Resources Limited (TSX: TCK.A and TCK.B, NYSE: TCK) commented on an appeal filed today against the State of Alaska's certification of a water discharge permit recently issued to Teck Alaska's Red Dog Mine by the U.S. Environmental Protection Agency ("EPA").
Two nonprofit law firms joined with local tribal and environmental organizations to file a request for an adjudicatory hearing with the State of Alaska of their appeal of the State's certification of the National Pollution Discharge Elimination System (NPDES) permit (the mine's main water discharge permit). The appeal asserts that certain permit provisions do not comply with the Clean Water Act. If successful, the appeal could result in revisions to the permit conditions or revocation of the permit. The organizations did not request that the permit be stayed, allowing the certification to remain in effect during adjudication of this specific appeal.
The certification was issued on December 15, 2009, when, in accordance with Section 401 of the Clean Water Act, the State of Alaska certified that the renewed NPDES permit would comply with all applicable State water quality regulations.
"The State and Federal agencies have just completed a very thorough review of water quality issues associated with Red Dog," said Jim Kulas, Manager, Environmental and Public Affairs for Teck. "Based on years of data documenting a healthy downstream environment, in the agencies' judgment, the permit will be fully protective of human health and the environment. Teck believes that the regulatory process has been robust and appropriate."
The NPDES permit was issued by the EPA on January 8, 2010. The appeal period for the NPDES permit expires on February 16, 2010.
The Army Corps of Engineers permit for the Aqqaluk Deposit, the next ore body to be mined at Red Dog, is the only outstanding agency authorization for the next phase of mining at Red Dog. This permit is undergoing final agency review but has not yet been issued. There is no specific period established for an appeal of this permit.
Other state and local permits required for development of Aqqaluk were received in December. The appeal period for those permits has expired without appeal. As previously noted, development of the Aqqaluk Deposit at Red Dog could be delayed as a result of delays in permit issuance or appeals of permits issued. Any delay extending beyond the first quarter of 2010 will likely result in a reduction or interruption of Red Dog production.
Teck and its partner, indigenous landowner NANA Regional Corporation, Inc., continue to communicate with all stakeholders in an effort to respond to concerns raised and to mitigate the risk of an interruption to the Red Dog Operation.
"We are looking forward to completion of this process so that Red Dog can acquire the permits necessary to develop the Aqqaluk Deposit," said Rosie Barr, Resources Manager, NANA Regional Corporation, Inc. "It is my hope that the permitting process stays on schedule so that the essential economic, cultural and social benefits that are provided by the mine can continue. NANA is committed to working with the EPA and our partners at Teck to complete this process and to keep Red Dog operating for our people and the residents of Alaska for another 20 years."
Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and forward-looking information as defined in the Securities Act (Ontario). Forward-looking statements and information include statements regarding Teck's expectations regarding the potential impact of permitting delays on future production from the Red Dog mine. Forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Teck to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements.
Factors that may cause actual results to vary include, but are not limited to, potential appeals of regulatory actions, changes in regulations, court decisions, and operational mining risks. Certain of these risks are described in more detail in the annual information form of Teck and in its public filings with Canadian securities administrators and the U.S. Securities and Exchange Commission. Teck does not assume the obligation to revise or update these forward-looking statements after the date of this document or to revise them to reflect the occurrence of future unanticipated events, except as may be required under applicable securities laws.
About Teck
Teck is a diversified resource company committed to responsible mining and mineral development with major business units focused on copper, metallurgical coal, zinc, gold and energy. Headquartered in Vancouver, Canada, its shares are listed on the Toronto Stock Exchange under the symbols TCK.A and TCK.B and the New York Stock Exchange under the symbol TCK. Further information about Teck can be found at www.teck.com.
For more information, please contact
Teck Resources LimitedJim KulasManager, Environmental and Public Affairs, Red Dog Mine(907)426-9129/351-8866Jim.Kulas@teck.comwww.teck.com
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TASEKO (TSX: TKO; NYSE Amex: TGB) RECEIVES PROVINCIAL APPROVAL TO PROCEED WITH PROSPERITY
TASEKO (TSX: TKO; NYSE Amex: TGB) RECEIVES PROVINCIAL APPROVAL TO PROCEED WITH PROSPERITY
January 15, 2010 Vancouver BC – Taseko Mines Limited (TSX: TKO; NYSE Amex: TGB) (“Taseko” or the“Company”) received the environmental assessment certificate for its proposed Prosperity Gold-Copper Projectfrom the BC Provincial Ministry of Environment on January 14, 2010.
“Obviously we are tremendously pleased with the Provincial Government’s decision. We put considerable effortand Company resources into the documentation and process and to have now received this approval is bothgratifying and rewarding,” says Taseko President & CEO Russell Hallbauer.
“The decision will undoubtedly be well received by the people of Williams Lake and the Cariboo, so many ofwhom worked tirelessly to make their views and support for Prosperity known and understood. The project wassubjected to a complete and thorough examination by government departments, agencies, regulators and by thepublic. The Provincial process is demanding but it is also fair and we acknowledge the hard work of theProvincial Government in drawing the matter to a conclusion that will provide tremendous benefits to the socialand economic future of British Columbia.”
“The Government of British Columbia has authority and responsibility for mine development in the Province.Now that they have given their approval we will proceed to apply for and secure the necessary leases, licenses andpermits required to advance the project,” concluded Mr. Hallbauer.
Taseko will host a conference call for analysts and investors to discuss the Prosperity Project on Tuesday, January19, 2010. Details will follow later today.
The Information Bulletin published today by the BC Ministry of Environment provides additional details aboutthe process conducted by the Ministry of Energy, Mines and Resources and the Ministry of Environment. TheInformation Bulletin can be found at http://www.gov.bc.ca/env/index.html
For further information on Taseko, please see the Company's website www.tasekomines.com or contact: BrianBergot, Investor Relations – 778-373-4545, Toll Free 1-800-667-2114.Russell HallbauerPresident & CEO
No regulatory authority has approved or disapproved of the information contained in this news release.Forward Looking StatementsThis release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts,that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that the Company expects are forwardlookingstatements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, suchstatements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements.Factors that could cause actual results to differ materially from those in forward-looking statements include capital market conditions, commodities market prices,exploitation and exploration successes, lack of continuity of mineralization, continued availability of capital and financing, the ability to obtain and maintain requiredpermits, including environmental, construction and mining permits and general economic, market or business conditions. Investors are cautioned that any suchstatements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward-lookingstatements. For more information on the Company, Investors should review the Company's annual Form 40-F filing with the United States Securities andExchange Commission or the Company’s home jurisdiction filings at www.sedar.com.
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January 15, 2010 Vancouver BC – Taseko Mines Limited (TSX: TKO; NYSE Amex: TGB) (“Taseko” or the“Company”) received the environmental assessment certificate for its proposed Prosperity Gold-Copper Projectfrom the BC Provincial Ministry of Environment on January 14, 2010.
“Obviously we are tremendously pleased with the Provincial Government’s decision. We put considerable effortand Company resources into the documentation and process and to have now received this approval is bothgratifying and rewarding,” says Taseko President & CEO Russell Hallbauer.
“The decision will undoubtedly be well received by the people of Williams Lake and the Cariboo, so many ofwhom worked tirelessly to make their views and support for Prosperity known and understood. The project wassubjected to a complete and thorough examination by government departments, agencies, regulators and by thepublic. The Provincial process is demanding but it is also fair and we acknowledge the hard work of theProvincial Government in drawing the matter to a conclusion that will provide tremendous benefits to the socialand economic future of British Columbia.”
“The Government of British Columbia has authority and responsibility for mine development in the Province.Now that they have given their approval we will proceed to apply for and secure the necessary leases, licenses andpermits required to advance the project,” concluded Mr. Hallbauer.
Taseko will host a conference call for analysts and investors to discuss the Prosperity Project on Tuesday, January19, 2010. Details will follow later today.
The Information Bulletin published today by the BC Ministry of Environment provides additional details aboutthe process conducted by the Ministry of Energy, Mines and Resources and the Ministry of Environment. TheInformation Bulletin can be found at http://www.gov.bc.ca/env/index.html
For further information on Taseko, please see the Company's website www.tasekomines.com or contact: BrianBergot, Investor Relations – 778-373-4545, Toll Free 1-800-667-2114.Russell HallbauerPresident & CEO
No regulatory authority has approved or disapproved of the information contained in this news release.Forward Looking StatementsThis release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts,that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that the Company expects are forwardlookingstatements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, suchstatements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements.Factors that could cause actual results to differ materially from those in forward-looking statements include capital market conditions, commodities market prices,exploitation and exploration successes, lack of continuity of mineralization, continued availability of capital and financing, the ability to obtain and maintain requiredpermits, including environmental, construction and mining permits and general economic, market or business conditions. Investors are cautioned that any suchstatements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward-lookingstatements. For more information on the Company, Investors should review the Company's annual Form 40-F filing with the United States Securities andExchange Commission or the Company’s home jurisdiction filings at www.sedar.com.
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Mining Stocks News- International Northair (TSXV: INM) Prepares for Drill Program at La Cigarra Silver Project, Mexico
International Northair (TSXV: INM) Prepares for Drill Program at La Cigarra Silver Project, Mexico
International Northair Mines Ltd. (TSXV: INM) (the “Company” or “Northair”) announces thatplanning is well underway for the first drill test of the La Cigarra Project (the “Project”), locatedapproximately 26 kilometers from the city of Parral in north central Mexico.
The Company hasrequested bids from three drill contractors for a minimum 1,000 metre reverse circulation drill program tocommence in the first quarter of 2010.The La Cigarra silver project consists of six concessions and is located in State of Chihuahua along theeastern fringes of the Sierra Madre Occidental in Mexico. Reconnaissance and sampling completed byNorthair to date confirm three potentially significant zones of silver mineralization within a 3 kilometretrend. The La Cigarra silver project has good access, topography and infrastructure. Grupo Northair deMexico, S.A. de C.A., a subsidiary of Northair, can acquire a 100% ownership of the concessions bymaking payments over a 5 year period totaling US$445,000 with no royalties.The grades reported at La Cigarra appear to be similar in scale to those of the Santa Barbara-SanFrancisco del Oro sub-districts of Parral that have produced over 440 million ounces of silver.
AlthoughLa Cigarra has probably had very limited silver production, the Parral Region in total has produced overone Billion ounces of silver and over one Million ounces of gold, placing it in the top ten silver districtsin Mexico.Northair has been informed by Great Bear Uranium that it is not proceeding with its option on the ElReventon property.
The technical information in this news release has been prepared in accordance with Canadian regulatoryrequirements set out in National Instrument 43-101 and reviewed by Fred Hewett the Company’sPresident and CEO, and a Qualified Person under NI 43-101.ON BEHALF OF THE BOARD,INTERNATIONAL NORTHAIR MINES LTD.“Fred G. Hewett”
Fred G. Hewett, P.Eng.President & CEOFor further information please contact Fred Hewett, President or Chris Curran, Investor Relationsat 604-687-7545 or 1-888-338-2200Website: www.northair.com/international/ Email: info@northair.com_______________________________________________________________________________________________________________________________________________________________________Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of theTSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.SUITE 860 - 625 HOWE STREET VANCOUVER, BC V6C 2T6 CANADA TEL: 604-687-7545 FAX: 604-689-5041A NORTHAIR GROUP COMPANYThis news release may contain forward looking statements which are not historical facts, such as ore reserveestimates, anticipated production or results, sales, revenues, costs, or discussions of goals and exploration results,and involves a number of risks and uncertainties that could cause actual results to differ materially from thoseprojected. These risks and uncertainties include, but are not limited to, metal price volatility, volatility of metalsproduction, project development, ore reserve estimates, future anticipated reserves and cost engineering estimaterisks, geological factors and exploration results. See Northair’s filings for a more detailed discussion of factorsthat may impact expected results.This news release does not constitute an offer to sell or solicitation of an offer to sell any securities in the UnitedStates. The securities have not been and will not be registered under the United States Securities Act of 1933, asamended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the UnitedStates or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or anexemption from such registration is available.
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International Northair Mines Ltd. (TSXV: INM) (the “Company” or “Northair”) announces thatplanning is well underway for the first drill test of the La Cigarra Project (the “Project”), locatedapproximately 26 kilometers from the city of Parral in north central Mexico.
The Company hasrequested bids from three drill contractors for a minimum 1,000 metre reverse circulation drill program tocommence in the first quarter of 2010.The La Cigarra silver project consists of six concessions and is located in State of Chihuahua along theeastern fringes of the Sierra Madre Occidental in Mexico. Reconnaissance and sampling completed byNorthair to date confirm three potentially significant zones of silver mineralization within a 3 kilometretrend. The La Cigarra silver project has good access, topography and infrastructure. Grupo Northair deMexico, S.A. de C.A., a subsidiary of Northair, can acquire a 100% ownership of the concessions bymaking payments over a 5 year period totaling US$445,000 with no royalties.The grades reported at La Cigarra appear to be similar in scale to those of the Santa Barbara-SanFrancisco del Oro sub-districts of Parral that have produced over 440 million ounces of silver.
AlthoughLa Cigarra has probably had very limited silver production, the Parral Region in total has produced overone Billion ounces of silver and over one Million ounces of gold, placing it in the top ten silver districtsin Mexico.Northair has been informed by Great Bear Uranium that it is not proceeding with its option on the ElReventon property.
The technical information in this news release has been prepared in accordance with Canadian regulatoryrequirements set out in National Instrument 43-101 and reviewed by Fred Hewett the Company’sPresident and CEO, and a Qualified Person under NI 43-101.ON BEHALF OF THE BOARD,INTERNATIONAL NORTHAIR MINES LTD.“Fred G. Hewett”
Fred G. Hewett, P.Eng.President & CEOFor further information please contact Fred Hewett, President or Chris Curran, Investor Relationsat 604-687-7545 or 1-888-338-2200Website: www.northair.com/international/ Email: info@northair.com_______________________________________________________________________________________________________________________________________________________________________Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of theTSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.SUITE 860 - 625 HOWE STREET VANCOUVER, BC V6C 2T6 CANADA TEL: 604-687-7545 FAX: 604-689-5041A NORTHAIR GROUP COMPANYThis news release may contain forward looking statements which are not historical facts, such as ore reserveestimates, anticipated production or results, sales, revenues, costs, or discussions of goals and exploration results,and involves a number of risks and uncertainties that could cause actual results to differ materially from thoseprojected. These risks and uncertainties include, but are not limited to, metal price volatility, volatility of metalsproduction, project development, ore reserve estimates, future anticipated reserves and cost engineering estimaterisks, geological factors and exploration results. See Northair’s filings for a more detailed discussion of factorsthat may impact expected results.This news release does not constitute an offer to sell or solicitation of an offer to sell any securities in the UnitedStates. The securities have not been and will not be registered under the United States Securities Act of 1933, asamended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the UnitedStates or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or anexemption from such registration is available.
_______________________________________________
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Mining Stocks News -Novus Gold Corp. (TSX-V: NOV)
Seven Kilometre Long Gold Zone Identified
January 15, 2010 – Vancouver, BC – Novus Gold Corp. (TSX-V: NOV) is pleased to announce surface sampling results from its REN gold property in the Northwest Territories carried out in partnership with Terra Ventures Inc. ("Terra") (TSX-V: TAS). This sampling program traced gold mineralization and iron formation over a length of 7 kilometres.
Just prior to freeze-up, a limited prospecting program was completed on the REN property. A total of 83 samples were collected and submitted for gold analysis. The samples were collected along the more than seven kilometre long iron formation within the REN property that includes the Main occurrence where a recent drill program was carried out. Most of the samples came from known occurrences other than the Main occurrence, however, five samples collected 400 metres northwest of the most northerly gold occurrence, Grizz, reported values between 1.51 and 6.25 g/t and represent a new gold discovery. Grab samples (7) of the Grizz occurrence ranged from 3.10 to 38.40 g/t gold and grab samples (3) collected 300 m south of the Grizz occurrence ranged from 0.02 to 2.13 g/t gold. Two more grab samples were collected a further 500 m south, ranged from 0.53 to 5.27 g/t gold, and were located approximately 300 m north of the geophysical anomaly coincident with the Main occurrence.
The Banner, Flag and Gord occurrences are located along the southern half of the iron formation, more than 3 kilometres south of the Main occurrence. Grab samples (17) collected from the Banner occurrence ranged from 0.07 to 205.00 g/t gold and grab samples (12) collected from the Flag occurrence ranged from 0.02 to 22.40 g/t gold. No samples were collected from the most southerly located Gord occurrence (approximately 5 kilometres south of the Main occurrence), however, previously completed sampling reported a chip sample value of 17.5 g/t across 0.8 metres. The Moore occurrence is situated approximately 1 kilometre south of the Main occurrence. Grab samples (9) collected from the Moore occurrence varied from 0.06 to 2.88 g/t gold. The remaining 33 samples collected ranged from 0.01 to 2.66 g/t gold.
Ongoing reinterpretation of the associations and controls related to the gold occurrences of the REN property has discovered the potential for a high-tonnage low-grade deposit along a more than seven kilometre strike of iron formation. Previous exploration had focused on Lupin-style gold mineralization where gold occurs concentrated in the "nose" of a folded iron formation. Recent drill results acquired from the Main occurrence indicate that significant gold is present in the host rocks adjacent to the iron formation. As a result, the main zone of gold mineralization is now considered to have an apparent width of 8 to 30 metres with gold grades ranging from 2 to 3 g/t. Grab samples collected while prospecting demonstrate that at least portions of the entire seven kilometre long iron formation is associated with significant gold mineralization. As with the exploration completed at the Main occurrence, much of the work evaluating the gold potential of the iron formation focused strictly on high-grade gold in the iron formation, including the recently reported grab samples reported above. The host rock along the seven kilometre long iron formation has not been adequately sampled so as to assess the potential for wide, low-grade gold zones.
Drill hole results from the Main occurrence within the REN property clearly indicate a previously unrecognized wide, low-grade gold zone associated with the iron formation. Gold assay values ranging between 2 to 3 g/t were reported for intersections that ranged from 10.62 to 32.77 metre. Based on previously completed geophysical work, the magnetic and electromagnetic anomaly directly associated with the wide, low-grade gold mineralization, is more than 700 metres long. Drilling has shown the zone to be open at depth.
The REN property hosts banded iron formation gold showings in the Point Lake area, approximately 90 kilometres southwest of the formerly producing Lupin gold mine owned by Echo Bay Mines. Approximately 30 drill holes were completed on gold showings on the REN property between 1974 and 1990 by Texasgulf, Cominco and Westview.
All samples were submitted to ALS Laboratory, North Vancouver, an ISO 17025-accredited laboratory that includes the determination of gold by fire assay and atomic absorption as part of its scope of accreditation. Blanks were added to the submitted samples to test for cross contamination and all samples submitted were reported within acceptable levels.
Novus has granted Terra an option to earn a 51-per-cent interest in the REN property. In order to exercise the option, Terra needed to incur $1.5-million in expenditures on the REN property by Dec. 31, 2009. Terra is in the process of giving Novus confirmation that this has been done. Once Terra formally exercises its option, Novus will have the option to repurchase Terra's 51-per-cent interest by issuing 7.5 million shares to Terra. Based on Novus's current 33,585,000 issued shares, if Novus exercises its option, Terra would have 18.25 per cent of Novus's shares.
Maps are available for viewing on the company website at www.novusgold.com.
Mike Magrum, PEng, a qualified person under National Instrument 43-101, has approved the technical content of this news release.
For further information visit the company's website at www.novusgold.com or contact Ryan Johnson, Investor Relations, at 1-604-688-0335.
On behalf of the board of directors of
NOVUS GOLD CORP.
"Mike Magrum"
Mike Magrum, President
NEITHER THE 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 NEWS RELEASE.
This News Release contains forward-looking statements. Forward-looking statements are statements which relate to future events. In some cases, you can identify forward-looking statements by terminology such as "may", "should", "expects", "plans", "anticipates", "believes", "estimates", "predicts", "potential" or "continue" or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements.
While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions,_____________________________________________
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January 15, 2010 – Vancouver, BC – Novus Gold Corp. (TSX-V: NOV) is pleased to announce surface sampling results from its REN gold property in the Northwest Territories carried out in partnership with Terra Ventures Inc. ("Terra") (TSX-V: TAS). This sampling program traced gold mineralization and iron formation over a length of 7 kilometres.
Just prior to freeze-up, a limited prospecting program was completed on the REN property. A total of 83 samples were collected and submitted for gold analysis. The samples were collected along the more than seven kilometre long iron formation within the REN property that includes the Main occurrence where a recent drill program was carried out. Most of the samples came from known occurrences other than the Main occurrence, however, five samples collected 400 metres northwest of the most northerly gold occurrence, Grizz, reported values between 1.51 and 6.25 g/t and represent a new gold discovery. Grab samples (7) of the Grizz occurrence ranged from 3.10 to 38.40 g/t gold and grab samples (3) collected 300 m south of the Grizz occurrence ranged from 0.02 to 2.13 g/t gold. Two more grab samples were collected a further 500 m south, ranged from 0.53 to 5.27 g/t gold, and were located approximately 300 m north of the geophysical anomaly coincident with the Main occurrence.
The Banner, Flag and Gord occurrences are located along the southern half of the iron formation, more than 3 kilometres south of the Main occurrence. Grab samples (17) collected from the Banner occurrence ranged from 0.07 to 205.00 g/t gold and grab samples (12) collected from the Flag occurrence ranged from 0.02 to 22.40 g/t gold. No samples were collected from the most southerly located Gord occurrence (approximately 5 kilometres south of the Main occurrence), however, previously completed sampling reported a chip sample value of 17.5 g/t across 0.8 metres. The Moore occurrence is situated approximately 1 kilometre south of the Main occurrence. Grab samples (9) collected from the Moore occurrence varied from 0.06 to 2.88 g/t gold. The remaining 33 samples collected ranged from 0.01 to 2.66 g/t gold.
Ongoing reinterpretation of the associations and controls related to the gold occurrences of the REN property has discovered the potential for a high-tonnage low-grade deposit along a more than seven kilometre strike of iron formation. Previous exploration had focused on Lupin-style gold mineralization where gold occurs concentrated in the "nose" of a folded iron formation. Recent drill results acquired from the Main occurrence indicate that significant gold is present in the host rocks adjacent to the iron formation. As a result, the main zone of gold mineralization is now considered to have an apparent width of 8 to 30 metres with gold grades ranging from 2 to 3 g/t. Grab samples collected while prospecting demonstrate that at least portions of the entire seven kilometre long iron formation is associated with significant gold mineralization. As with the exploration completed at the Main occurrence, much of the work evaluating the gold potential of the iron formation focused strictly on high-grade gold in the iron formation, including the recently reported grab samples reported above. The host rock along the seven kilometre long iron formation has not been adequately sampled so as to assess the potential for wide, low-grade gold zones.
Drill hole results from the Main occurrence within the REN property clearly indicate a previously unrecognized wide, low-grade gold zone associated with the iron formation. Gold assay values ranging between 2 to 3 g/t were reported for intersections that ranged from 10.62 to 32.77 metre. Based on previously completed geophysical work, the magnetic and electromagnetic anomaly directly associated with the wide, low-grade gold mineralization, is more than 700 metres long. Drilling has shown the zone to be open at depth.
The REN property hosts banded iron formation gold showings in the Point Lake area, approximately 90 kilometres southwest of the formerly producing Lupin gold mine owned by Echo Bay Mines. Approximately 30 drill holes were completed on gold showings on the REN property between 1974 and 1990 by Texasgulf, Cominco and Westview.
All samples were submitted to ALS Laboratory, North Vancouver, an ISO 17025-accredited laboratory that includes the determination of gold by fire assay and atomic absorption as part of its scope of accreditation. Blanks were added to the submitted samples to test for cross contamination and all samples submitted were reported within acceptable levels.
Novus has granted Terra an option to earn a 51-per-cent interest in the REN property. In order to exercise the option, Terra needed to incur $1.5-million in expenditures on the REN property by Dec. 31, 2009. Terra is in the process of giving Novus confirmation that this has been done. Once Terra formally exercises its option, Novus will have the option to repurchase Terra's 51-per-cent interest by issuing 7.5 million shares to Terra. Based on Novus's current 33,585,000 issued shares, if Novus exercises its option, Terra would have 18.25 per cent of Novus's shares.
Maps are available for viewing on the company website at www.novusgold.com.
Mike Magrum, PEng, a qualified person under National Instrument 43-101, has approved the technical content of this news release.
For further information visit the company's website at www.novusgold.com or contact Ryan Johnson, Investor Relations, at 1-604-688-0335.
On behalf of the board of directors of
NOVUS GOLD CORP.
"Mike Magrum"
Mike Magrum, President
NEITHER THE 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 NEWS RELEASE.
This News Release contains forward-looking statements. Forward-looking statements are statements which relate to future events. In some cases, you can identify forward-looking statements by terminology such as "may", "should", "expects", "plans", "anticipates", "believes", "estimates", "predicts", "potential" or "continue" or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements.
While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions,_____________________________________________
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Mining Stocks news - Fjordland Exploration Inc.: Gold Fields Exercises Right of First Refusal on Woodjam South, BC
Fjordland Exploration Inc.: Gold Fields Exercises Right of First Refusal on Woodjam South, BC
VANCOUVER, BRITISH COLUMBIA-- Jan. 15, 2010 - Fjordland Exploration Inc. (TSX VENTURE:FEX ) and Cariboo Resources Ltd (TSX VENTURE:CRB) , the Woodjam Joint Venture ("WJV") 60%/40% partners, report that Gold Fields Horsefly Exploration Corporation (a member of the Gold Fields Limited group of companies (NYSE:GFI - News)) has provided written notice that it intends to exercise a right of first refusal with respect to the WJV's Woodjam South copper-gold property. This offer matches one presented by another major international mining company.
Pursuant to the offer, Gold Fields can earn a 51% interest in the Woodjam South Property in consideration for expending US$7 million on exploration over 42 months and the purchase of a total of C$500,000 of common shares of the WJV partners, which will be divided relative to their interests. The offer includes the right to increase the earned interest to 70% by financing a bankable feasibility study. The transaction is subject to due diligence and the execution of a definitive agreement. A draft agreement is expected shortly; its terms will be released upon signing.
Gold Fields right of first refusal is contained in the existing Option and Joint Venture Exploration Agreement relating to the adjoining Woodjam North Property. The WJV recently released drill results which is part of a comprehensive exploration program budgeted at $3 million and operated by Gold Fields on this 40,750-hectare property (see January 12, 2010 News Release for details). Drilling is scheduled to resume in early February.
The 13,807-hectare Woodjam South Property includes the Southeast Zone, discovered in late 2007 by the WJV partners. Drilling of 7,700 m in 18 holes during 2007 and 2008 of a large, 1.5 km by 1 km, induced polarization (IP) target tested a length of 1000 m, a width of 500 m and to a depth of 700 m. Fifteen of these holes were drilled on a grid pattern 600 m by 300 m. Porphyry-style copper-gold-molybdenum mineralization was intersected from the bedrock surface to the end of the hole in all 18 holes. The best intercepts (hole 08-84) included: 359.1 m grading 0.69% Cu, 0.27 g/t Au and 0.006% Mo, including 200.8 m grading 1.01% Cu, 0.44 g/t Au and 0.002% Mo. Less than one quarter of the IP anomaly has been tested. During 2009, no drilling was carried out at Woodjam South. A high resolution, low level airborne magnetometer survey was completed over the property and several prospective new anomalies were identified.
Tom Schroeter, President of Fjordland commented, "The earn-in proposal for the WJV's Woodjam South Property by a major international mining company and the subsequent notice to exercise its right of first refusal by Gold Fields represents another important step in the WJV's objective of advancing the entire Woodjam property without significant equity dilution."
About Fjordland Exploration Inc.
Fjordland Exploration Inc. is a mineral exploration company focused on the discovery of gold, copper and molybdenum deposits in British Columbia; it currently has 20 properties. Fjordland (60% interest) and Cariboo Rose Resources Ltd (40% interest) comprise the Woodjam Joint Venture), which includes the Woodjam South property and the Woodjam North property, the latter currently under option to Gold Fields Horsefly Exploration Corporation. Fjordland also has a 100% interest in 7 other properties in the Woodjam area. Fjordland and Serengeti resources Inc. are partners in the QUEST project to explore 11 properties totaling 100,000 hectares in the heart of British Columbia's Quesnel Terrane for precious and base metals. Shares of Fjordland Exploration Inc. trade on the TSX Venture Exchange under the symbol "FEX". For more information please visit the Company's website at www.fjordlandex.com.
Tom Schroeter, President & CEO
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
____________________________________________________
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VANCOUVER, BRITISH COLUMBIA-- Jan. 15, 2010 - Fjordland Exploration Inc. (TSX VENTURE:FEX ) and Cariboo Resources Ltd (TSX VENTURE:CRB) , the Woodjam Joint Venture ("WJV") 60%/40% partners, report that Gold Fields Horsefly Exploration Corporation (a member of the Gold Fields Limited group of companies (NYSE:GFI - News)) has provided written notice that it intends to exercise a right of first refusal with respect to the WJV's Woodjam South copper-gold property. This offer matches one presented by another major international mining company.
Pursuant to the offer, Gold Fields can earn a 51% interest in the Woodjam South Property in consideration for expending US$7 million on exploration over 42 months and the purchase of a total of C$500,000 of common shares of the WJV partners, which will be divided relative to their interests. The offer includes the right to increase the earned interest to 70% by financing a bankable feasibility study. The transaction is subject to due diligence and the execution of a definitive agreement. A draft agreement is expected shortly; its terms will be released upon signing.
Gold Fields right of first refusal is contained in the existing Option and Joint Venture Exploration Agreement relating to the adjoining Woodjam North Property. The WJV recently released drill results which is part of a comprehensive exploration program budgeted at $3 million and operated by Gold Fields on this 40,750-hectare property (see January 12, 2010 News Release for details). Drilling is scheduled to resume in early February.
The 13,807-hectare Woodjam South Property includes the Southeast Zone, discovered in late 2007 by the WJV partners. Drilling of 7,700 m in 18 holes during 2007 and 2008 of a large, 1.5 km by 1 km, induced polarization (IP) target tested a length of 1000 m, a width of 500 m and to a depth of 700 m. Fifteen of these holes were drilled on a grid pattern 600 m by 300 m. Porphyry-style copper-gold-molybdenum mineralization was intersected from the bedrock surface to the end of the hole in all 18 holes. The best intercepts (hole 08-84) included: 359.1 m grading 0.69% Cu, 0.27 g/t Au and 0.006% Mo, including 200.8 m grading 1.01% Cu, 0.44 g/t Au and 0.002% Mo. Less than one quarter of the IP anomaly has been tested. During 2009, no drilling was carried out at Woodjam South. A high resolution, low level airborne magnetometer survey was completed over the property and several prospective new anomalies were identified.
Tom Schroeter, President of Fjordland commented, "The earn-in proposal for the WJV's Woodjam South Property by a major international mining company and the subsequent notice to exercise its right of first refusal by Gold Fields represents another important step in the WJV's objective of advancing the entire Woodjam property without significant equity dilution."
About Fjordland Exploration Inc.
Fjordland Exploration Inc. is a mineral exploration company focused on the discovery of gold, copper and molybdenum deposits in British Columbia; it currently has 20 properties. Fjordland (60% interest) and Cariboo Rose Resources Ltd (40% interest) comprise the Woodjam Joint Venture), which includes the Woodjam South property and the Woodjam North property, the latter currently under option to Gold Fields Horsefly Exploration Corporation. Fjordland also has a 100% interest in 7 other properties in the Woodjam area. Fjordland and Serengeti resources Inc. are partners in the QUEST project to explore 11 properties totaling 100,000 hectares in the heart of British Columbia's Quesnel Terrane for precious and base metals. Shares of Fjordland Exploration Inc. trade on the TSX Venture Exchange under the symbol "FEX". For more information please visit the Company's website at www.fjordlandex.com.
Tom Schroeter, President & CEO
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
____________________________________________________
Resource investors can research gold and mining stocks with the mining stocks directory, featuring Gold Stocks, Silver Stocks, Uranium Stocks, Copper Stocks, Zinc Stocks and Precious Metals TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading Stock Exchanges.
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Fortuna to Trade on the Toronto Stock Exchange, January 18, 2010
Fortuna to Trade on the Toronto Stock Exchange, January 18, 2010
VANCOUVER, Jan. 17 // - Fortuna Silver Mines Inc. (TSX: FVI / Lima Stock Exchange: FVI) is pleased to announce that the Company's common shares will be listed and begin trading on the Toronto Stock Exchange (TSX) at the opening of trading on Monday, January 18, 2010 under its current symbol "FVI". Fortuna's common shares will be delisted from the TSX Venture Exchange upon commencement of trading on the TSX.
Mr. Jorge Ganoza, President and CEO, said: "This is another milestone in the growth and maturing of the Company. With construction about to commence at our San Jose Project in Mexico, this is an excellent opportunity to open up Fortuna to the broader investor base offered by the main board in Toronto. I am looking forward to reporting on more positive news in the upcoming months as we advance the San Jose to production."
Other Markets
Fortuna's common shares are also listed on the Lima Stock Exchange under the symbol "FVI" and the Frankfurt Exchange under the symbol "F4S.F" and are traded on the OTC:BB under the symbol "FVIT.F".
Fortuna Silver Mines Inc.
Fortuna is a growth oriented, silver and base metal producer focused on mining opportunities in Latin America. Our primary assets are the Caylloma Silver Mine in southern Peru and the San Jose Silver-Gold Project in Mexico. The Company is selectively pursuing additional acquisition opportunities. For more information, please visit our website at http://www.fortunasilver.com/.
_________________________________________________
Resource investors can research gold and mining stocks with the mining stocks directory, featuring Gold Stocks, Silver Stocks, Uranium Stocks, Copper Stocks, Zinc Stocks and Precious Metals TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading Stock Exchanges.
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Investors also have the option to access the directory as part of the Investor Ideas Membership premium content. The full directory is now available to Investor Ideas members as part of the annual membership that currently features an additional 9 stock directories and investor newsletter.
VANCOUVER, Jan. 17 // - Fortuna Silver Mines Inc. (TSX: FVI / Lima Stock Exchange: FVI) is pleased to announce that the Company's common shares will be listed and begin trading on the Toronto Stock Exchange (TSX) at the opening of trading on Monday, January 18, 2010 under its current symbol "FVI". Fortuna's common shares will be delisted from the TSX Venture Exchange upon commencement of trading on the TSX.
Mr. Jorge Ganoza, President and CEO, said: "This is another milestone in the growth and maturing of the Company. With construction about to commence at our San Jose Project in Mexico, this is an excellent opportunity to open up Fortuna to the broader investor base offered by the main board in Toronto. I am looking forward to reporting on more positive news in the upcoming months as we advance the San Jose to production."
Other Markets
Fortuna's common shares are also listed on the Lima Stock Exchange under the symbol "FVI" and the Frankfurt Exchange under the symbol "F4S.F" and are traded on the OTC:BB under the symbol "FVIT.F".
Fortuna Silver Mines Inc.
Fortuna is a growth oriented, silver and base metal producer focused on mining opportunities in Latin America. Our primary assets are the Caylloma Silver Mine in southern Peru and the San Jose Silver-Gold Project in Mexico. The Company is selectively pursuing additional acquisition opportunities. For more information, please visit our website at http://www.fortunasilver.com/.
_________________________________________________
Resource investors can research gold and mining stocks with the mining stocks directory, featuring Gold Stocks, Silver Stocks, Uranium Stocks, Copper Stocks, Zinc Stocks and Precious Metals TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading Stock Exchanges.
http://www.investorideas.com/Gold_Stocks/Stocks_List.asp
Investors following mining stocks can purchase the mining stocks directory in a PDF format with hyperlinks to stocks symbol(s), company’s url and company’s description. The mining stocks directory page features a Paypal link and buy now button for easy online purchase.
Investors also have the option to access the directory as part of the Investor Ideas Membership premium content. The full directory is now available to Investor Ideas members as part of the annual membership that currently features an additional 9 stock directories and investor newsletter.
Tuesday, January 12, 2010
Firestone Ventures (TSX VENTURE: FV.V)(FRANKFURT:F5V) Acquires Antelope Zinc-Lead-Silver Oxide Property
Firestone Ventures (TSX VENTURE: FV.V)(FRANKFURT:F5V) Acquires Antelope Zinc-Lead-Silver Oxide Property
EDMONTON, ALBERTA--Jan. 12, 2010) - Firestone Ventures Inc. ("Firestone" or the "Company") (TSX VENTURE: FV.V)(FRANKFURT:F5V) is pleased to announce that it has signed formal agreements with two underlying vendors to earn a 100% interest in the 58.5 hectare Antelope zinc-lead-silver oxide project located 75 km southwest of Eureka, Nevada, U.S.A.
"The road-accessible Antelope project presents Firestone with a promising zinc oxide project in one of the most mining-friendly jurisdictions in the world. This is an early stage exploration project, but with our in-house expertise in zinc oxide exploration we can efficiently evaluate the zinc tonnage potential of Antelope," says Lori Walton, President of Firestone Ventures Inc. "Although our focus will remain in Guatemala we are excited about the possibility of adding to our Company's zinc tonnage through identification of base metal resources on an international scale."
Zinc mineralization hosted in lower Ordovician Hanson Creek Formation was discovered on the Antelope property in the 1980's followed by reverse circulation drilling between 1985 and 1990. Since then, intermittent geologic mapping and geochemical sampling was carried out by various parties. Zinc mineralization (smithsonite with minor sphalerite and galena) is exposed in a 15 metre long trench trending east-west and in a series of prospect pits over a 1.2 kilometre window of outcropping Paleozoic limestone.
During a due diligence visit by Firestone in August, 2009, five continuous chip samples were collected from smithsonite exposed at the bottom of the 15 metre long trench. The five chip samples (each sample taken over 3 metres) contained from 22.3% to 32% zinc and from 1.51% to 3% lead over 15 metres. The orientation of the smithsonite exposed in the trench is unknown. The highest silver value was 2.6 grams/tonne.
Eight additional rock chip samples were collected on the property. Six of the eight chip samples ranging from 1.0 metre to 3.0 metres returned zinc values of over 5.5% up to a maximum value of 20.7%. Seven of the eight chip samples returned lead values over 1,000 ppm (0.10%) up to a maximum value of 2.4% lead. Silver values were generally low (less than 1.4 grams/tonne).
Zinc mineralization at Antelope is a replacement of carbonate rocks, similar to the Company's Torlon Hill zinc-lead-silver deposit in Guatemala. Firestone is compiling and re-interpreting historic data sets and plans to design a surface exploration program that will define potential drill targets.
Terms of the Agreement
Under the terms of the Lease Option Agreement with the first underlying vendor to earn 100% interest in six of the lode mineral claims comprising the Antelope property, Firestone must make cash payments to the vendor totalling USD$83,340 over five years according to the following schedule (all amounts in U.S Dollars); $5,840 on signing, $7,500 by Year One Anniversary, $10,000 by Year Two Anniversary, $15,000 by Year Three Anniversary, $20,000 by Year Four Anniversary and $25,000 by the end of Year Five, and in subsequent years as an advance royalty. In addition, Firestone must incur $10,000 in exploration expenditures during Year One, $15,000 during Year Two and $25,000 in Year Three and subsequent Years. A 2% Net Smelter Returns Royalty is reserved for the owner, of which half may be purchased anytime by Firestone for USD $1.5 million. If Firestone purchases the owner's first 1% NSR, Firestone then has the option to purchase the remaining 1% NSR for $1.5 million.
In addition, Firestone has entered into a Lease Option Agreement with a second vendor to earn a 100% interest in one overlapping lode mineral claim covering the main mineralized zone. Under the terms of the Agreement, Firestone must issue to the underlying vendor cash payments totalling $82,500 over five years according to the following schedule; $5,000 on signing, $7,500 by Year One Anniversary, $10,000 by Year Two Anniversary, $15,000 by Year Three Anniversary, $20,000 by Year Four Anniversary and $25,000 by the end of Year Five and in subsequent years as an advance royalty. A 2% NSR is reserved for the owner. Firestone can purchase the owner's NSR anytime for $2.0 million.
All rock samples were analyzed by the Inspectorate Lab in Sparks, Nevada using 30 element ICP, AA for Pb, Cu and Zn and FA/AA for gold and silver.
John Cleary, (CPG), Firestone's Vice President Exploration and Qualified Person in accordance with National Instrument 43-101 has reviewed and approved the technical content of this news release.
Lori Walton, P. Geol., President
This news release may contain forward looking statements, being statements which are not historical facts, including, without limitation, statements regarding potential mineralization, exploration results, resource or reserve estimates, anticipated production or results, sales, revenues, costs, "best-efforts" financings or discussions of future plans and objectives. There can be no assurance that such statements will prove accurate. Such statements are necessarily based upon a number of estimates and assumptions that are subject to numerous risks and uncertainties that could cause actual results and future events to differ materially from those anticipated or projected. Important factors that could cause actual results to differ materially from the Company's expectations are in Company documents filed from time to time with the TSX Venture Exchange and provincial securities regulators, most of which are available at www.sedar.com. The Company disclaims any intention or obligation to revise or update such statements.
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.
Contacts
Lori Walton, P. Geol. Firestone Ventures Inc. President Toll Free: 1-888-221-5588 (780) 428-3476 (FAX) info@firestoneventures.com www.firestoneventures.com
Investor Relations Contact Financial Inc. (604) 689-7422
__________________________________________________
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Disclaimer
_____________________________________________________________________
EDMONTON, ALBERTA--Jan. 12, 2010) - Firestone Ventures Inc. ("Firestone" or the "Company") (TSX VENTURE: FV.V)(FRANKFURT:F5V) is pleased to announce that it has signed formal agreements with two underlying vendors to earn a 100% interest in the 58.5 hectare Antelope zinc-lead-silver oxide project located 75 km southwest of Eureka, Nevada, U.S.A.
"The road-accessible Antelope project presents Firestone with a promising zinc oxide project in one of the most mining-friendly jurisdictions in the world. This is an early stage exploration project, but with our in-house expertise in zinc oxide exploration we can efficiently evaluate the zinc tonnage potential of Antelope," says Lori Walton, President of Firestone Ventures Inc. "Although our focus will remain in Guatemala we are excited about the possibility of adding to our Company's zinc tonnage through identification of base metal resources on an international scale."
Zinc mineralization hosted in lower Ordovician Hanson Creek Formation was discovered on the Antelope property in the 1980's followed by reverse circulation drilling between 1985 and 1990. Since then, intermittent geologic mapping and geochemical sampling was carried out by various parties. Zinc mineralization (smithsonite with minor sphalerite and galena) is exposed in a 15 metre long trench trending east-west and in a series of prospect pits over a 1.2 kilometre window of outcropping Paleozoic limestone.
During a due diligence visit by Firestone in August, 2009, five continuous chip samples were collected from smithsonite exposed at the bottom of the 15 metre long trench. The five chip samples (each sample taken over 3 metres) contained from 22.3% to 32% zinc and from 1.51% to 3% lead over 15 metres. The orientation of the smithsonite exposed in the trench is unknown. The highest silver value was 2.6 grams/tonne.
Eight additional rock chip samples were collected on the property. Six of the eight chip samples ranging from 1.0 metre to 3.0 metres returned zinc values of over 5.5% up to a maximum value of 20.7%. Seven of the eight chip samples returned lead values over 1,000 ppm (0.10%) up to a maximum value of 2.4% lead. Silver values were generally low (less than 1.4 grams/tonne).
Zinc mineralization at Antelope is a replacement of carbonate rocks, similar to the Company's Torlon Hill zinc-lead-silver deposit in Guatemala. Firestone is compiling and re-interpreting historic data sets and plans to design a surface exploration program that will define potential drill targets.
Terms of the Agreement
Under the terms of the Lease Option Agreement with the first underlying vendor to earn 100% interest in six of the lode mineral claims comprising the Antelope property, Firestone must make cash payments to the vendor totalling USD$83,340 over five years according to the following schedule (all amounts in U.S Dollars); $5,840 on signing, $7,500 by Year One Anniversary, $10,000 by Year Two Anniversary, $15,000 by Year Three Anniversary, $20,000 by Year Four Anniversary and $25,000 by the end of Year Five, and in subsequent years as an advance royalty. In addition, Firestone must incur $10,000 in exploration expenditures during Year One, $15,000 during Year Two and $25,000 in Year Three and subsequent Years. A 2% Net Smelter Returns Royalty is reserved for the owner, of which half may be purchased anytime by Firestone for USD $1.5 million. If Firestone purchases the owner's first 1% NSR, Firestone then has the option to purchase the remaining 1% NSR for $1.5 million.
In addition, Firestone has entered into a Lease Option Agreement with a second vendor to earn a 100% interest in one overlapping lode mineral claim covering the main mineralized zone. Under the terms of the Agreement, Firestone must issue to the underlying vendor cash payments totalling $82,500 over five years according to the following schedule; $5,000 on signing, $7,500 by Year One Anniversary, $10,000 by Year Two Anniversary, $15,000 by Year Three Anniversary, $20,000 by Year Four Anniversary and $25,000 by the end of Year Five and in subsequent years as an advance royalty. A 2% NSR is reserved for the owner. Firestone can purchase the owner's NSR anytime for $2.0 million.
All rock samples were analyzed by the Inspectorate Lab in Sparks, Nevada using 30 element ICP, AA for Pb, Cu and Zn and FA/AA for gold and silver.
John Cleary, (CPG), Firestone's Vice President Exploration and Qualified Person in accordance with National Instrument 43-101 has reviewed and approved the technical content of this news release.
Lori Walton, P. Geol., President
This news release may contain forward looking statements, being statements which are not historical facts, including, without limitation, statements regarding potential mineralization, exploration results, resource or reserve estimates, anticipated production or results, sales, revenues, costs, "best-efforts" financings or discussions of future plans and objectives. There can be no assurance that such statements will prove accurate. Such statements are necessarily based upon a number of estimates and assumptions that are subject to numerous risks and uncertainties that could cause actual results and future events to differ materially from those anticipated or projected. Important factors that could cause actual results to differ materially from the Company's expectations are in Company documents filed from time to time with the TSX Venture Exchange and provincial securities regulators, most of which are available at www.sedar.com. The Company disclaims any intention or obligation to revise or update such statements.
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.
Contacts
Lori Walton, P. Geol. Firestone Ventures Inc. President Toll Free: 1-888-221-5588 (780) 428-3476 (FAX) info@firestoneventures.com www.firestoneventures.com
Investor Relations Contact Financial Inc. (604) 689-7422
__________________________________________________
News published at www.InvestorIdeas.com, and its mining stocks portals www.Gold-MiningStocks.com and www.MiningSectorStocks.com, and mining stocks RSS news feed
Investors: subscribe to Gold & Mining Stocks News at Investorideas.com
http://www.investorideas.com/RSS/feeds/Gold-Mining-Stocks.xml
Investors can also research gold and mining stocks with the mining stocks directory, featuring Gold Stocks, Silver Stocks, Uranium Stocks, Copper Stocks, Zinc Stocks and Precious Metals TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading Stock Exchanges.
Disclaimer
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