Gold / Copper Stocks; Bellhaven (TSX.V:BHV) Announces Vice President of Exploration to Continue as Consultant to the La Mina Porphyry Gold-(Copper) Project, Colombia
Preparations Being Made for Upcoming Drilling Program
PANAMA, REPUBLIC OF PANAMA-- Gold / Copper Stocks ( http://www.investorideas.com/ gold and mining stocks blog ) Bellhaven Copper & Gold, Inc. (TSX VENTURE:BHV) ("Bellhaven" or the "Company") is pleased to announce that Mr. Eugénio Espada will continue to provide technical guidance and expertise to Bellhaven's 100%-controlled La Mina porphyry gold-(copper) project, Colombia, as a full-time consultant while resigning from his post as vice president of exploration. This management change will allow Mr. Espada to focus exclusively on geology and exploration and not on management issues.
Paul Zweng, Bellhaven's Interim CEO and Director, commented as follows:
"We are excited to work with Eugénio in his new role as a consultant to Bellhaven regarding the La Mina project. He has a strong passion towards completing geologic work at the highest standard, and this change in role will better serve that end.
He is currently constructing new geological cross sections which will facilitate the positioning of the initial round of drill holes in the upcoming drilling campaign. Further, he will be evaluating other prospective targets within the concession, including the Middle, North, and El Limon targets. In these efforts, he will continue to work with our other geologists at La Mina as Bellhaven moves forward with the exploration of the concession."
About the La Mina porphyry Au-(Cu) prospect
La Mina (also known as Venecia) lies within the Middle Cauca belt of Miocene-age volcano-plutonic rocks in central Colombia known to host large porphyry gold deposits such as La Colosa (12.9 Moz Au contained in 468 Mt @ 0.86 g/t Au; AngloGold Ashanti), Titiribi (3.7 Moz Au contained in 230 Mt @ 0.5 g/t Au; Sunward Resources), Quebradona (AngloGold Ashanti – B2Gold), Quinchia (Batero Gold), and Yarumalito (Colombian Mines), as well as large epithermal gold districts such as Marmato (7.5 Moz Au contained in 245 Mt @ 0.95 g/t Au; Medoro Resources).
The concession was staked in 2002 based on Ingeominas government reports showing the presence of gold in the area. AngloGold Ashanti signed a deal for the concession in the mid 2000's and then completed mapping, stream-sediment, and rock/trench sampling surveys by mid 2005. This work led to the discovery of the La Mina porphyry Au-(Cu) prospect. AngloGold Ashanti in June 2006 formed a joint-venture company, Avasca Ventures, with Bema Gold (which later was acquired by Kinross Gold) to explore La Mina and other prospects. In mid 2006, Avasca Ventures drilled six holes into the La Mina porphyry (see Tables 2 and 3). On February 26, 2007, Bema's interests in La Mina were assigned to B2Gold Corporation. At the end of 2007, a detailed regional airborne magnetic/radiometric survey was completed over the concession and neighboring ground. The magnetic/radiometric survey was then followed by additional auger soil and rock geochemical sampling programs over the airborne magnetic anomalies in early 2008. The property was returned to the concession owner in December, 2008.
As previously mentioned, the joint-venture partnership drilled six holes into a single target, the La Mina porphyry (now called the La Cantera target), with Holes 2 and 5 yielding 90+ m intercepts of greater than 1 g/t Au and significant copper at shallow depths. Drill-holes 4 and 6 also contained significant values located near the surface. In hindsight, Holes 1 and 3 were drilled off target and failed to deliver significant intercepts.
The most important host rocks observed in drill core include the Combia Formation intermediate volcanic rocks as well as early, intra- and post-mineral diorite porphyry. Alteration is typical of gold porphyry deposits as exemplified by a potassic-calcic core surrounded by sericitic, intermediate argillic, and propyllitic alteration zones. Specifically, most of the gold and copper discovered so far at La Mina is spatially associated with quartz-magnetite-chalcopyrite+/-bornite veinlets in potassic altered porphyry and breccias containing elevated quantities of hydrothermal magnetite. As a result, the gold-bearing rocks are highly magnetic (ca.200x10-3SI) which creates a sharp contrast with the barren and weakly magnetic intermediate argillically altered rocks as well as the non-magnetic sericitically altered rocks that surround the potassic core.
About Bellhaven
Bellhaven Copper & Gold, Inc., is a Canadian-listed (TSX VENTURE:BHV) exploration company exploring for gold and copper in Panama and Colombia. The Company's objective is to become among the best gold-copper companies operating in Panama and Colombia by discovering, acquiring, and developing high-quality resources in a safe and responsible manner to the benefit of all of its stakeholders.
The Company's principal assets include the La Mina porphyry gold-(copper) project in the Middle Cauca belt of Colombia, the high-sulphidation epithermal gold-(copper) and porphyry copper prospects located on the Azuero Peninsula in Panama, and the La Ventura prospect in the San Lucas gold belt in northeastern Colombia. In addition, Bellhaven controls 100% of the Cerro Quema gold-(copper) project also located on the Azuero Peninsula in Panama. The Company announced a letter of intent (LOI) with Pershimco Resources (TSX-V: PRO) on January 4th, 2010, to develop Cerro Quema, whereby Pershimco can earn up to a 75% equity interest in the project, through payments and project spending of US$18.5 million, and can acquire an additional 10% interest for US$5 million.
On behalf of the board of directors,
Paul L. Zweng, Interim CEO & Director
BELLHAVEN COPPER & GOLD INC.
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 release.
For more information, please contact
Bellhaven Copper & Gold Inc.
Paul Zweng, CEO/Director
Corporate Contact in North America
+1-808-377-1947
or
Bellhaven Copper & Gold Inc.
Julio Benedetti, President/Director
Corporate Contact in Panama
Int'l No: +507-226-3967
http://www.bellhavencg.com/
________________________________________________
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Sunday, June 20, 2010
Gold Stocks; Tirex Exploration (TSX. V:TXX) Update
Gold Stocks; Tirex Exploration (TSX. V:TXX) Update
VANCOUVER, BRITISH COLUMBIA--- Gold Stocks ; ( http://www.investorideas.com/ gold and mining stocks blog ) Tirex Resources Ltd. (TSX VENTURE:TXX) -
2 holes of recently initiated drill program complete
Assays received on Drill Hole MR10-58
Hole MR10-59 intersects mineralization in new area of property, assays pending
Tirex Resources is pleased to provide an update on the company's drill program at the Mirdita VMS District located in Albania.
Drill holes MR10-58 and MR10-59, located 1.7km apart, both intersected mineralization in new areas of the property. MR10-58, drilled in the Lisi Pass East target area, intersected 21m of highly silicified breccias with local disseminated sphalerite. The hole penetrated a thick mélange unit (313m) that prevented most previous drilling from testing the favourable volcanic sequence. Assays received from this hole, include 2.1m of 0.4 g/t gold.
Drill hole MR10-59 was a pure exploration hole drilled in the Bari Pass South area of the property. The hole was drilled to a depth of 623m. This was the first hole in an area of significant interest to Tirex, located beyond previous drilling. The area has been identified by Tirex as highly prospective through extensive fieldwork. In 2008 and 2009, geological mapping and geochemical rock sampling revealed an abundance of altered and chemically distinctive felsic volcanic rocks, gossans and iron formation that are commonly associated with sulphide mineralization in other VMS mining districts. Significant exploration related features include the recognition of multiple felsic volcanic centres, an abundance of felsic volcanic rocks with the same chemical affinity as those associated with the high grade-deposits in the Letitna to Koshaj corridor to the south and the overprinting of felsic volcanic centres and flanking volcanic rocks by moderate to intense hydrothermal alteration. This felsic-dominated terrain is up to 500 meters thick and has a north-south strike length of approximately 2.0 kilometres. These lithological features and the temporal relationships between volcanism and alteration that have been identified in the South Bari Pass area are similar to other VMS districts that host major precious metal bearing copper-zinc deposits elsewhere.
Drill hole MR10-59 intersected a thick felsic unit with scattered disseminated sphalerite and pyrite. Assays are pending. The hole has been left open with plans to probe it with a borehole geophysical system. Additionally, the core will be analysed for whole rock elements which in combination with the borehole survey, will allow Tirex to plan additional drilling to vector in on any potential nearby mineral deposits.
20,000 Metres Drilled To Date by Tirex at Mirdita
Since the company's arrival in Albania, Tirex has completed approximately 20,000 metres of core drilling at Mirdita in 64 holes. Tirex drill holes at Mirdita in the areas Koshaj, South Gurthi and Letitna intersected wide zones of robust and precious metal rich VMS mineralization. Tirex has recently engaged an independent Canadian Consultant to model those deposits and to make recommendations on future drilling required to define these deposits according to National Instrument 43-101 reporting standards. Additional to this advanced stage work, Tirex has conducted significant regional exploration including more than 2,520 line kilometres of airborne EM and magnetic geophysics, more than 150 km of Induced Polarization geophysics and more than 60km of ground Electromagnetic surveys. More than 600 rock and core samples have been subjected to regional rock geochemistry and whole rock element analyses, and more than 18 months of detailed geological and structural mapping has been completed. Armed with data from this extensive exploration, Tirex is now conducting a two-fold program of advancing known deposits such as Koshaj, South Gurthi and Letitna towards NI43-101 compliant deposit definition and potential production while concurrently conducting pure exploration with discovery potential.
Tirex currently has EUR 2 million (approximately $2,600,000) undrawn under the terms of its facility with the European Bank for Reconstruction and Development ("EBRD"). The company must raise cumulative matching equity prior to making the draw and has cumulatively raised approximately $1,900,000 towards this next draw in previous financings. Therefore, the company must raise approximately $700,000 in additional equity and then will be qualified to draw down the next $2,600,000 funding tranche from the EBRD (see Tirex News Release, October 8th, 2008 for full details on this facility).
John Nicholson, P.Geo., Mirdita Project Manager and a Qualified Person under the meaning of Canadian National Instrument 43-101, is responsible for the technical content of this news release.
Further details on the company and the Mirdita Project including a location map for the reported drill holes can be found on the Tirex website at http://www.tirexresources.com/.
ON BEHALF OF TIREX RESOURCES LTD.
"Bryan J.R. Slusarchuk"
CEO and Director
Forward-Looking Statements. This Tirex News Release may contain certain "forward-looking" statements and information relating to Tirex that are based on the beliefs of Tirex management, as well as assumptions made by and information currently available to Tirex management. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including, without limitations, exploration and development risks, expenditure and financing requirements, title matters, operating hazards, metal prices, political and economic factors, competitive factors, general economic conditions, relationships with vendors and strategic partners, governmental regulation and supervision, seasonality, technological change, industry practices, and one-time events. Should any one or more of these risks or uncertainties materialize or change, or should any underlying assumptions prove incorrect, actual results and forward-looking statements may vary materially from those described herein.
"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."
For more information, please contact
Tirex Resources Ltd.
Bryan J.R. Slusarchuk
CEO and Director
(604) 687-7160 or Toll Free: 1-877-687-7160
(604) 687-7165 (FAX)
info@TirexResources.com
http://www.tirexresources.com/
____________________________________________________________________
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VANCOUVER, BRITISH COLUMBIA--- Gold Stocks ; ( http://www.investorideas.com/ gold and mining stocks blog ) Tirex Resources Ltd. (TSX VENTURE:TXX) -
2 holes of recently initiated drill program complete
Assays received on Drill Hole MR10-58
Hole MR10-59 intersects mineralization in new area of property, assays pending
Tirex Resources is pleased to provide an update on the company's drill program at the Mirdita VMS District located in Albania.
Drill holes MR10-58 and MR10-59, located 1.7km apart, both intersected mineralization in new areas of the property. MR10-58, drilled in the Lisi Pass East target area, intersected 21m of highly silicified breccias with local disseminated sphalerite. The hole penetrated a thick mélange unit (313m) that prevented most previous drilling from testing the favourable volcanic sequence. Assays received from this hole, include 2.1m of 0.4 g/t gold.
Drill hole MR10-59 was a pure exploration hole drilled in the Bari Pass South area of the property. The hole was drilled to a depth of 623m. This was the first hole in an area of significant interest to Tirex, located beyond previous drilling. The area has been identified by Tirex as highly prospective through extensive fieldwork. In 2008 and 2009, geological mapping and geochemical rock sampling revealed an abundance of altered and chemically distinctive felsic volcanic rocks, gossans and iron formation that are commonly associated with sulphide mineralization in other VMS mining districts. Significant exploration related features include the recognition of multiple felsic volcanic centres, an abundance of felsic volcanic rocks with the same chemical affinity as those associated with the high grade-deposits in the Letitna to Koshaj corridor to the south and the overprinting of felsic volcanic centres and flanking volcanic rocks by moderate to intense hydrothermal alteration. This felsic-dominated terrain is up to 500 meters thick and has a north-south strike length of approximately 2.0 kilometres. These lithological features and the temporal relationships between volcanism and alteration that have been identified in the South Bari Pass area are similar to other VMS districts that host major precious metal bearing copper-zinc deposits elsewhere.
Drill hole MR10-59 intersected a thick felsic unit with scattered disseminated sphalerite and pyrite. Assays are pending. The hole has been left open with plans to probe it with a borehole geophysical system. Additionally, the core will be analysed for whole rock elements which in combination with the borehole survey, will allow Tirex to plan additional drilling to vector in on any potential nearby mineral deposits.
20,000 Metres Drilled To Date by Tirex at Mirdita
Since the company's arrival in Albania, Tirex has completed approximately 20,000 metres of core drilling at Mirdita in 64 holes. Tirex drill holes at Mirdita in the areas Koshaj, South Gurthi and Letitna intersected wide zones of robust and precious metal rich VMS mineralization. Tirex has recently engaged an independent Canadian Consultant to model those deposits and to make recommendations on future drilling required to define these deposits according to National Instrument 43-101 reporting standards. Additional to this advanced stage work, Tirex has conducted significant regional exploration including more than 2,520 line kilometres of airborne EM and magnetic geophysics, more than 150 km of Induced Polarization geophysics and more than 60km of ground Electromagnetic surveys. More than 600 rock and core samples have been subjected to regional rock geochemistry and whole rock element analyses, and more than 18 months of detailed geological and structural mapping has been completed. Armed with data from this extensive exploration, Tirex is now conducting a two-fold program of advancing known deposits such as Koshaj, South Gurthi and Letitna towards NI43-101 compliant deposit definition and potential production while concurrently conducting pure exploration with discovery potential.
Tirex currently has EUR 2 million (approximately $2,600,000) undrawn under the terms of its facility with the European Bank for Reconstruction and Development ("EBRD"). The company must raise cumulative matching equity prior to making the draw and has cumulatively raised approximately $1,900,000 towards this next draw in previous financings. Therefore, the company must raise approximately $700,000 in additional equity and then will be qualified to draw down the next $2,600,000 funding tranche from the EBRD (see Tirex News Release, October 8th, 2008 for full details on this facility).
John Nicholson, P.Geo., Mirdita Project Manager and a Qualified Person under the meaning of Canadian National Instrument 43-101, is responsible for the technical content of this news release.
Further details on the company and the Mirdita Project including a location map for the reported drill holes can be found on the Tirex website at http://www.tirexresources.com/.
ON BEHALF OF TIREX RESOURCES LTD.
"Bryan J.R. Slusarchuk"
CEO and Director
Forward-Looking Statements. This Tirex News Release may contain certain "forward-looking" statements and information relating to Tirex that are based on the beliefs of Tirex management, as well as assumptions made by and information currently available to Tirex management. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including, without limitations, exploration and development risks, expenditure and financing requirements, title matters, operating hazards, metal prices, political and economic factors, competitive factors, general economic conditions, relationships with vendors and strategic partners, governmental regulation and supervision, seasonality, technological change, industry practices, and one-time events. Should any one or more of these risks or uncertainties materialize or change, or should any underlying assumptions prove incorrect, actual results and forward-looking statements may vary materially from those described herein.
"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."
For more information, please contact
Tirex Resources Ltd.
Bryan J.R. Slusarchuk
CEO and Director
(604) 687-7160 or Toll Free: 1-877-687-7160
(604) 687-7165 (FAX)
info@TirexResources.com
http://www.tirexresources.com/
____________________________________________________________________
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Mining Stocks ; West Kirkland Mining (TSX .V:WKM) Announces Closing of Private Placement
Mining Stocks ; West Kirkland Mining (TSX .V:WKM) Announces Closing of Private Placement
VANCOUVER, BRITISH COLUMBIA--Mining stocks; ( http://www.investorideas.com/ gold and mining blog ) - West Kirkland Mining Inc. "WKM" (TSX VENTURE:WKM) announces the closing of a private placement announced June 1, 2010. The Company has issued 100,000 units ("Units") at a price of $0.75 per Unit for gross proceeds of $75,000. Each Unit consists of one common share of the Company and one common share purchase warrant exercisable at a price of $1.25 per warrant until June 17, 2011. The securities issued by way of this placement will be subject to a four-month hold period in compliance with NI 45-102.
This private placement was purchased by Company Vice President of Exploration Michael Allen. The net proceeds of the placement will be added to the Company's working capital position.
The Company is making preparations to drill on the Kirkland Lake properties starting in late July and the Goldstorm property located on the Carlin Trend in Nevada starting in mid-August.
This news release does not constitute an offer to sell or a solicitation of an offer to sell any of securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
Disclaimer for Forward-Looking Information
This press release contains forward-looking information within the meaning of Canadian securities laws. Such information includes, without limitation, information regarding proposed exploration activities. Although the Company believes that such information is reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking information is typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investors that any forward-looking information provided by the Company is not a guarantee of future results or performance, and that actual results may differ materially from those in forward looking information as a result of various factors, including, but not limited to, the state of the financial markets for the Company's equity securities, the state of the market for gold or other minerals that may be produced generally, recent market volatility; variations in the nature, quality and quantity of any mineral deposits that may be located, the Company's ability to obtain any necessary permits, consents or authorizations required for its activities, to raise the necessary capital or to be fully able to implement its business strategies and other risks associated with the exploration and development of mineral properties. The reader is referred to the Company's Filing Statement dated March 31, 2010 for a more complete discussion of such risk factors and their potential effects, a copy of which may be accessed through the Company's page on SEDAR at www.sedar.com.
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 release.
___________________________________________________________________
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VANCOUVER, BRITISH COLUMBIA--Mining stocks; ( http://www.investorideas.com/ gold and mining blog ) - West Kirkland Mining Inc. "WKM" (TSX VENTURE:WKM) announces the closing of a private placement announced June 1, 2010. The Company has issued 100,000 units ("Units") at a price of $0.75 per Unit for gross proceeds of $75,000. Each Unit consists of one common share of the Company and one common share purchase warrant exercisable at a price of $1.25 per warrant until June 17, 2011. The securities issued by way of this placement will be subject to a four-month hold period in compliance with NI 45-102.
This private placement was purchased by Company Vice President of Exploration Michael Allen. The net proceeds of the placement will be added to the Company's working capital position.
The Company is making preparations to drill on the Kirkland Lake properties starting in late July and the Goldstorm property located on the Carlin Trend in Nevada starting in mid-August.
This news release does not constitute an offer to sell or a solicitation of an offer to sell any of securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
Disclaimer for Forward-Looking Information
This press release contains forward-looking information within the meaning of Canadian securities laws. Such information includes, without limitation, information regarding proposed exploration activities. Although the Company believes that such information is reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking information is typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investors that any forward-looking information provided by the Company is not a guarantee of future results or performance, and that actual results may differ materially from those in forward looking information as a result of various factors, including, but not limited to, the state of the financial markets for the Company's equity securities, the state of the market for gold or other minerals that may be produced generally, recent market volatility; variations in the nature, quality and quantity of any mineral deposits that may be located, the Company's ability to obtain any necessary permits, consents or authorizations required for its activities, to raise the necessary capital or to be fully able to implement its business strategies and other risks associated with the exploration and development of mineral properties. The reader is referred to the Company's Filing Statement dated March 31, 2010 for a more complete discussion of such risk factors and their potential effects, a copy of which may be accessed through the Company's page on SEDAR at www.sedar.com.
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 release.
___________________________________________________________________
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Gold Stocks ; Valdez Gold (TSX.V:VAZ) to Sell Its Los Jarros and Jarros Norte Properties in Chihuahua, Mexico to Gammon Gold
Gold Stocks ; Valdez Gold (TSX.V:VAZ) to Sell Its Los Jarros and Jarros Norte Properties in Chihuahua, Mexico to Gammon Gold
TORONTO, ONTARIO--Gold Stocks; ( http://www.investorideas.com/ , gold and mining stocks blog) - Valdez Gold Inc. (TSX.V:VAZ) ("Valdez" or the "Company") is pleased to announce that it has signed a letter of intent with Gammon Gold Inc. (GAM-TSX:GRS-NYSE, or "Gammon") pursuant to which the parties agree to negotiate in good faith a definitive agreement whereby Gammon will have the right to acquire Valdez' Los Jarros and Jarros Norte Properties (the "Properties") in Chihuahua, Mexico by making successive payments over a four year period aggregating US $2.5 million. The required option payments would be as follows:
Option Payment Date Amount
Upon execution of the Definitive Agreement: US$ 50,000
12 Months after execution of Definitive Agreement: US$ 100,000
24 Months after execution of Definitive Agreement: US$ 250,000
36 Months after execution of Definitive Agreement: US$ 400,000
48 Months after execution of Definitive Agreement: US$ 1,700,000
Total Option Payments: US$ 2,500,000
In addition, should Gammon initiate commercial production from the Properties, Gammon would pay a royalty to Valdez equal to 2.0% of the Net Smelter Returns ("NSR") from such production. Should the cumulative royalty payments to Valdez reach US$2,500,000, the NSR would be reduced to a 1% NSR that would be paid so long as there is commercial production from the Properties.
This proposed transaction will allow the Company to focus its efforts and resources on the Flume Property located near Dawson City, Yukon and the Bluff Project on the Seward Peninsula in Alaska, but still retain an interest in any future success Gammon may have on the Properties. Company management continues to seek opportunities in acquiring and/or investing in properties in Mexico and elsewhere that have a good potential in developing into a major asset for the Company.
Completion of the transaction contemplated in this release is subject to certain conditions including, without limitation, completion of satisfactory due diligence by Gammon with respect to the properties, execution of a definitive purchase agreement and receipt of all necessary regulatory approvals.
This press release contains forward-looking statements within the meaning of applicable securities legislation. Such statements include, without limitation, statements regarding the future results of operations, performance and achievements of the Company, including potential property acquisitions, the timing, content, cost and results of proposed work programs, the discovery and delineation of mineral deposits/resources/reserves, geological interpretations, proposed production rates, potential mineral recovery processes and rates, business and financing plans and business trends. Although the Company believes that such statements are reasonable, it can give no assurances that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investors that forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward-looking statements as a result of various factors, including, but not limited to, variations in the nature, quality and quantity of any mineral deposits that may be located, significant downward variations in the market price of any mineral that may be produced, the Company's inability to obtain any necessary permits, consents or authorizations required for its activities, to produce minerals from its properties successfully or profitability, to continue its projected growth, to raise the necessary capital or to be fully able to implement its business strategies. All of the Company's public disclosure filings may be accessed via www.sedar.com and readers are urged to review these materials, including any technical reports filed with respect to the Company's mineral properties. This press release is not, and is not to be construed in any way as, an offer to buy or sell securities in the United States.
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 release.
_____________________________________________________
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TORONTO, ONTARIO--Gold Stocks; ( http://www.investorideas.com/ , gold and mining stocks blog) - Valdez Gold Inc. (TSX.V:VAZ) ("Valdez" or the "Company") is pleased to announce that it has signed a letter of intent with Gammon Gold Inc. (GAM-TSX:GRS-NYSE, or "Gammon") pursuant to which the parties agree to negotiate in good faith a definitive agreement whereby Gammon will have the right to acquire Valdez' Los Jarros and Jarros Norte Properties (the "Properties") in Chihuahua, Mexico by making successive payments over a four year period aggregating US $2.5 million. The required option payments would be as follows:
Option Payment Date Amount
Upon execution of the Definitive Agreement: US$ 50,000
12 Months after execution of Definitive Agreement: US$ 100,000
24 Months after execution of Definitive Agreement: US$ 250,000
36 Months after execution of Definitive Agreement: US$ 400,000
48 Months after execution of Definitive Agreement: US$ 1,700,000
Total Option Payments: US$ 2,500,000
In addition, should Gammon initiate commercial production from the Properties, Gammon would pay a royalty to Valdez equal to 2.0% of the Net Smelter Returns ("NSR") from such production. Should the cumulative royalty payments to Valdez reach US$2,500,000, the NSR would be reduced to a 1% NSR that would be paid so long as there is commercial production from the Properties.
This proposed transaction will allow the Company to focus its efforts and resources on the Flume Property located near Dawson City, Yukon and the Bluff Project on the Seward Peninsula in Alaska, but still retain an interest in any future success Gammon may have on the Properties. Company management continues to seek opportunities in acquiring and/or investing in properties in Mexico and elsewhere that have a good potential in developing into a major asset for the Company.
Completion of the transaction contemplated in this release is subject to certain conditions including, without limitation, completion of satisfactory due diligence by Gammon with respect to the properties, execution of a definitive purchase agreement and receipt of all necessary regulatory approvals.
This press release contains forward-looking statements within the meaning of applicable securities legislation. Such statements include, without limitation, statements regarding the future results of operations, performance and achievements of the Company, including potential property acquisitions, the timing, content, cost and results of proposed work programs, the discovery and delineation of mineral deposits/resources/reserves, geological interpretations, proposed production rates, potential mineral recovery processes and rates, business and financing plans and business trends. Although the Company believes that such statements are reasonable, it can give no assurances that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investors that forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward-looking statements as a result of various factors, including, but not limited to, variations in the nature, quality and quantity of any mineral deposits that may be located, significant downward variations in the market price of any mineral that may be produced, the Company's inability to obtain any necessary permits, consents or authorizations required for its activities, to produce minerals from its properties successfully or profitability, to continue its projected growth, to raise the necessary capital or to be fully able to implement its business strategies. All of the Company's public disclosure filings may be accessed via www.sedar.com and readers are urged to review these materials, including any technical reports filed with respect to the Company's mineral properties. This press release is not, and is not to be construed in any way as, an offer to buy or sell securities in the United States.
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 release.
_____________________________________________________
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Saturday, June 19, 2010
Gold Stocks; Midway Gold (MDW:TSX-V; MDW:NYSE-AMEX) Builds Project Development Team, Grants Options
Gold Stocks; Midway Gold (MDW:TSX-V; MDW:NYSE-AMEX) Builds Project Development Team, Grants Options
VANCOUVER, British Columbia--Mining News - (Investorideas.com mining stocks newswire, http://www.gold-miningstocks.com/ )--Midway Gold Corp. (MDW:TSX-V; MDW:NYSE-AMEX) is now funded with the closing of the offering of C$6.6 million announced on June 16, 2010 to more aggressively pursue its plans to advance the Company’s 100% owned Pan gold resource located in White Pine County, Nevada through the steps to production by as early as 2013.
Midway expects to spend approximately $3.25 million over the next twelve months on programs including a scoping study, development drilling, an environmental impact study, metallurgical testing, waste rock characterization, water rights and base line studies. Drilling is expected to be conducted to support metallurgical testing, environmental base line, geotechnical work and exploration/expansion of the resource.
Midway is transitioning itself from an exploration company to a gold production company and is building a management team that began with the appointment of Kenneth A. Brunk as President and Chief Operating Officer. Mr. Brunk holds a degree in Metallurgical Engineering from Michigan Technological University and has held key management positions at multiple gold mining companies. Most recently, he served as Chief Operating Officer of Romarco Minerals. Prior to that, Mr. Brunk served as Senior Vice President and Senior Technical Officer at Newmont Mining. Throughout his forty-two year career, Mr. Brunk has conducted numerous feasibility studies and has as well been responsible for designing, constructing, staffing and operating multiple mining operations and improving process efficiencies around the world.
Since joining Midway in May 2010, Mr. Brunk has identified the critical path items and timeline to develop the Pan project to production. Consultants have been engaged and work has been underway for the last month to complete the environmental baseline studies and the design documents and permit applications.
Midway is now pleased to announce the appointment of Richard D. Moritz (M.Sc. and QP) to the new position of Vice President of Project Development and the change in title of William S. Neal to Vice President of Geological Services. Both officers report to Mr. Brunk.
Mr. Moritz joins Midway from Gustavson Associates, LLC, where he conducted feasibility studies, process engineering, mine planning, and technical evaluation services. His 30-year career spans technical and management positions with Royal Gold, Bateman Engineering, Nerco Minerals, and Falcon Exploration. His specialty is the engineering and optimization of mines and processing plants, including start-up efforts in North and South America, Central Asia, and Australia. Mr. Moritz holds a B.S. in Mining Engineering and M.S. in Business Administration, both from the University of Nevada, Reno. He will be responsible for the oversight of engineering, technical personnel, permitting, and construction at the Company’s projects.
Mr. Moritz will direct the efforts of the consultants who have been engaged by the Company to advance its Pan project to a production decision:
•Gustavson Associates, LLC. – preliminary economic assessment (PEA)
•Cindi Byrns (Mytota, Inc.) – environmental and permitting consulting
•SRK Consulting Engineers – permitting documents and site engineering
•JBR Environmental Consultants – baseline environmental studies
•Golder Associates – geotechnical engineering
Reflecting the Company’s transition to accelerated development of its project pipeline, Mr. Neal, as Vice President of Geological Services, will direct the geological efforts necessary for the advancement of Midway’s projects, as well as leading initiatives to identify and secure new projects for the benefit of Midway.
Mr. Neal will direct the efforts of the drill contractors who will be engaged to conduct the drilling as it relates to the resource exploration and expansion of the Pan gold deposit.
Pursuant to Midway’s shareholder approved combined incentive and non-qualified stock option plan, the board of directors of Midway has granted incentive and non-qualified stock options on a total of 1,705,000 shares of Midway's common stock exercisable for up to five years at a price of $0.58 per share being the last closing price of Midway's common shares prior to the board of directors granting the options. Some of the options are subject to vesting provisions and all of the options granted are subject to any applicable regulatory hold periods.
ON BEHALF OF THE BOARD
"Daniel Wolfus"
Daniel Wolfus, Chairman and CEO
For further information, please contact R.J. Smith at Midway Gold Corp. at (877) 475-3642 (toll-free).
About Midway Gold Corp.
Midway Gold Corp. is a precious metals company with a vision to design, build, and operate mines in a manner accountable to all stakeholders while producing an acceptable return to its shareholders. Midway controls over 65 square miles of mineral rights in the western United States, including four advanced exploration projects: Spring Valley, Pan, Golden Eagle, and Midway, as well as three early stage exploration targets. These early stage exploration projects include Gold Rock, Roberts Gold and Burnt Canyon.
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 release.
This press release contains forward-looking statements about the Company and its business. Forward looking statements are statements that are not historical facts and include resource estimates. The forward-looking statements in this press release are subject to various risks, uncertainties and other factors that could cause the Company's actual results or achievements to differ materially from those expressed in or implied by forward looking statements. These risks, uncertainties and other factors include, without limitation risks related to fluctuations in gold prices; uncertainties related to raising sufficient financing to fund the planned work in a timely manner and on acceptable terms; changes in planned work resulting from weather, logistical, technical or other factors; the possibility that results of work will not fulfill expectations and realize the perceived potential of the Company's properties; uncertainties involved in the interpretation of drilling results and other tests and the estimation of gold resources; the possibility that required permits may not be obtained on a timely manner or at all; the possibility that capital and operating costs may be higher than currently estimated and may preclude commercial development or render operations uneconomic; the possibility that the estimated recovery rates may not be achieved; risk of accidents, equipment breakdowns and labor disputes or other unanticipated difficulties or interruptions; the possibility of cost overruns or unanticipated expenses in the work program; and other factors identified in the Company's SEC filings and its filings with Canadian securities regulatory authorities. Forward-looking statements are based on the beliefs, opinions and expectations of the Company's management at the time they are made, and other than as required by applicable securities laws, the Company does not assume any obligation to update its forward-looking statements if those beliefs, opinions or expectations, or other circumstances, should change. _______________________________
More mining stocks info from Investorideas.com and our Gold and Mining Stocks Blog: Visit Investorideas.com leading mining portals - www.gold-miningstocks.com and www.miningsectorstocks.com to get stock news, directories and showcase mining stocks to follow. Gold and mining investors can research stocks with the mining stocks directory, featuring Gold Stocks, Silver Stocks, Uranium Stocks, Copper Stocks, Zinc Stocks and Precious Metals TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading Stock Exchanges. The investorideas.com mining stock directory lists over 1000publicly traded mining stocks for investors. Preview the directory here : http://www.investorideas.com/Gold_Stocks/Stocks_List.asp
VANCOUVER, British Columbia--Mining News - (Investorideas.com mining stocks newswire, http://www.gold-miningstocks.com/ )--Midway Gold Corp. (MDW:TSX-V; MDW:NYSE-AMEX) is now funded with the closing of the offering of C$6.6 million announced on June 16, 2010 to more aggressively pursue its plans to advance the Company’s 100% owned Pan gold resource located in White Pine County, Nevada through the steps to production by as early as 2013.
Midway expects to spend approximately $3.25 million over the next twelve months on programs including a scoping study, development drilling, an environmental impact study, metallurgical testing, waste rock characterization, water rights and base line studies. Drilling is expected to be conducted to support metallurgical testing, environmental base line, geotechnical work and exploration/expansion of the resource.
Midway is transitioning itself from an exploration company to a gold production company and is building a management team that began with the appointment of Kenneth A. Brunk as President and Chief Operating Officer. Mr. Brunk holds a degree in Metallurgical Engineering from Michigan Technological University and has held key management positions at multiple gold mining companies. Most recently, he served as Chief Operating Officer of Romarco Minerals. Prior to that, Mr. Brunk served as Senior Vice President and Senior Technical Officer at Newmont Mining. Throughout his forty-two year career, Mr. Brunk has conducted numerous feasibility studies and has as well been responsible for designing, constructing, staffing and operating multiple mining operations and improving process efficiencies around the world.
Since joining Midway in May 2010, Mr. Brunk has identified the critical path items and timeline to develop the Pan project to production. Consultants have been engaged and work has been underway for the last month to complete the environmental baseline studies and the design documents and permit applications.
Midway is now pleased to announce the appointment of Richard D. Moritz (M.Sc. and QP) to the new position of Vice President of Project Development and the change in title of William S. Neal to Vice President of Geological Services. Both officers report to Mr. Brunk.
Mr. Moritz joins Midway from Gustavson Associates, LLC, where he conducted feasibility studies, process engineering, mine planning, and technical evaluation services. His 30-year career spans technical and management positions with Royal Gold, Bateman Engineering, Nerco Minerals, and Falcon Exploration. His specialty is the engineering and optimization of mines and processing plants, including start-up efforts in North and South America, Central Asia, and Australia. Mr. Moritz holds a B.S. in Mining Engineering and M.S. in Business Administration, both from the University of Nevada, Reno. He will be responsible for the oversight of engineering, technical personnel, permitting, and construction at the Company’s projects.
Mr. Moritz will direct the efforts of the consultants who have been engaged by the Company to advance its Pan project to a production decision:
•Gustavson Associates, LLC. – preliminary economic assessment (PEA)
•Cindi Byrns (Mytota, Inc.) – environmental and permitting consulting
•SRK Consulting Engineers – permitting documents and site engineering
•JBR Environmental Consultants – baseline environmental studies
•Golder Associates – geotechnical engineering
Reflecting the Company’s transition to accelerated development of its project pipeline, Mr. Neal, as Vice President of Geological Services, will direct the geological efforts necessary for the advancement of Midway’s projects, as well as leading initiatives to identify and secure new projects for the benefit of Midway.
Mr. Neal will direct the efforts of the drill contractors who will be engaged to conduct the drilling as it relates to the resource exploration and expansion of the Pan gold deposit.
Pursuant to Midway’s shareholder approved combined incentive and non-qualified stock option plan, the board of directors of Midway has granted incentive and non-qualified stock options on a total of 1,705,000 shares of Midway's common stock exercisable for up to five years at a price of $0.58 per share being the last closing price of Midway's common shares prior to the board of directors granting the options. Some of the options are subject to vesting provisions and all of the options granted are subject to any applicable regulatory hold periods.
ON BEHALF OF THE BOARD
"Daniel Wolfus"
Daniel Wolfus, Chairman and CEO
For further information, please contact R.J. Smith at Midway Gold Corp. at (877) 475-3642 (toll-free).
About Midway Gold Corp.
Midway Gold Corp. is a precious metals company with a vision to design, build, and operate mines in a manner accountable to all stakeholders while producing an acceptable return to its shareholders. Midway controls over 65 square miles of mineral rights in the western United States, including four advanced exploration projects: Spring Valley, Pan, Golden Eagle, and Midway, as well as three early stage exploration targets. These early stage exploration projects include Gold Rock, Roberts Gold and Burnt Canyon.
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 release.
This press release contains forward-looking statements about the Company and its business. Forward looking statements are statements that are not historical facts and include resource estimates. The forward-looking statements in this press release are subject to various risks, uncertainties and other factors that could cause the Company's actual results or achievements to differ materially from those expressed in or implied by forward looking statements. These risks, uncertainties and other factors include, without limitation risks related to fluctuations in gold prices; uncertainties related to raising sufficient financing to fund the planned work in a timely manner and on acceptable terms; changes in planned work resulting from weather, logistical, technical or other factors; the possibility that results of work will not fulfill expectations and realize the perceived potential of the Company's properties; uncertainties involved in the interpretation of drilling results and other tests and the estimation of gold resources; the possibility that required permits may not be obtained on a timely manner or at all; the possibility that capital and operating costs may be higher than currently estimated and may preclude commercial development or render operations uneconomic; the possibility that the estimated recovery rates may not be achieved; risk of accidents, equipment breakdowns and labor disputes or other unanticipated difficulties or interruptions; the possibility of cost overruns or unanticipated expenses in the work program; and other factors identified in the Company's SEC filings and its filings with Canadian securities regulatory authorities. Forward-looking statements are based on the beliefs, opinions and expectations of the Company's management at the time they are made, and other than as required by applicable securities laws, the Company does not assume any obligation to update its forward-looking statements if those beliefs, opinions or expectations, or other circumstances, should change. _______________________________
More mining stocks info from Investorideas.com and our Gold and Mining Stocks Blog: Visit Investorideas.com leading mining portals - www.gold-miningstocks.com and www.miningsectorstocks.com to get stock news, directories and showcase mining stocks to follow. Gold and mining investors can research stocks with the mining stocks directory, featuring Gold Stocks, Silver Stocks, Uranium Stocks, Copper Stocks, Zinc Stocks and Precious Metals TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading Stock Exchanges. The investorideas.com mining stock directory lists over 1000publicly traded mining stocks for investors. Preview the directory here : http://www.investorideas.com/Gold_Stocks/Stocks_List.asp
Friday, June 18, 2010
Gold Stocks Up; Gold Reaches All- Time Highs
Gold Stocks Up; Gold Reaches All- Time Highs
June 18,2010 ( Investorideas.com Mining stocks newswire ) www.InvestorIdeas.com, and its mining stocks portals update investors following gold and mining stocks with a sector close-up for gold stocks for June 18, 2010. Gold stocks moved higher as gold reaches new all- time highs.
Gold/Mining Stocks Sector Close – Up; Trading June 18, 2010
AGNICO EAGLE MINES (NYSE: AEM) trading at $ 65.316 USD, up $1.656 (2.60%)
ANGLOGOLD ASHANTI LT (NYSE: AU) trading at $ 45.06 USD, up $ 0.26 (0.58%)
BARRICK GOLD CP (NYSE: ABX) trading at $ 45.82 USD, up $1.00 (2.23%)
ELDORADO GOLD CORP (AMEX: EGO) trading at $18.39 USD, up $ 0.25 (1.38%)
GOLDCORP INC (NYSE: GG) trading at $45.84 USD, up $ 0.94 (2.09%)
KINROSS GOLD CP (NYSE: KGC) trading at $ 18.715 USD, up $ 0.335 (1.82%)
NEW GOLD INC (AMEX: NGD) trading at $ 6.54 USD, up $ 0.11 (1.71%)
NEWMONT MINING CP (NYSE: NEM) trading at $ 61.02 USD, up $1.34 (2.25%)
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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:
800-665-0411 - cvanzant@investorideas.com
June 18,2010 ( Investorideas.com Mining stocks newswire ) www.InvestorIdeas.com, and its mining stocks portals update investors following gold and mining stocks with a sector close-up for gold stocks for June 18, 2010. Gold stocks moved higher as gold reaches new all- time highs.
Gold/Mining Stocks Sector Close – Up; Trading June 18, 2010
AGNICO EAGLE MINES (NYSE: AEM) trading at $ 65.316 USD, up $1.656 (2.60%)
ANGLOGOLD ASHANTI LT (NYSE: AU) trading at $ 45.06 USD, up $ 0.26 (0.58%)
BARRICK GOLD CP (NYSE: ABX) trading at $ 45.82 USD, up $1.00 (2.23%)
ELDORADO GOLD CORP (AMEX: EGO) trading at $18.39 USD, up $ 0.25 (1.38%)
GOLDCORP INC (NYSE: GG) trading at $45.84 USD, up $ 0.94 (2.09%)
KINROSS GOLD CP (NYSE: KGC) trading at $ 18.715 USD, up $ 0.335 (1.82%)
NEW GOLD INC (AMEX: NGD) trading at $ 6.54 USD, up $ 0.11 (1.71%)
NEWMONT MINING CP (NYSE: NEM) trading at $ 61.02 USD, up $1.34 (2.25%)
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Wednesday, June 16, 2010
Profile for Lithium, Gold and Base Metal Mining Stock; North Arrow Minerals Inc. (TSX-V: NAR)
Profile for Lithium, Gold and Base Metal Mining Stock; North Arrow Minerals Inc. (TSX-V: NAR)
June 16, 2010 – (Investorideas.com Mining stocks Newswire) Investor Ideas and its leading mining investor portals, announce the new company profile for mining showcase stock, North Arrow Minerals Inc. (TSX-V: NAR) is available for interested investors. Investors can read recent media coverage, interviews, management and properties info at the profile page in addition to more detail on the company’s opportunity for investors.
Showcase Mining Stock - Featured on Investorideas.com, www.Gold-MiningStocks.com and www.MiningSectorStocks.com
North Arrow Minerals Inc.
North Arrow Minerals Inc. (TSX-V: NAR) manages a diversified portfolio of diamond, lithium, gold and base metal properties. The company's exploration activities are conducted under the direction of an experienced management team that has a proven track record for discovery of important deposits.
North Arrow is currently drilling its highly prospective Beaverdam Lithium Property in North Carolina. The company is also preparing a major summer drill program at its Lac de Gras diamond property where 70 high priority kimberlite targets have been identified through proprietary technology.
Visit the full North Arrow Minerals Inc. (TSX-V: NAR) company profile at Investorideas.com:
http://www.investorideas.com/CO/NAR/
Recent news;
North Arrow (TSXV: NAR) Provides Update on Lithium and Diamond Projects - May 7, 2010
Read Full news here: http://www.investorideas.com/CO/NAR/news/5071.asp
Visit the company website at: http://www.northarrowminerals.com/s/Home.asp
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Investorideas.com is known for its comprehensive stock directories in each sector and sector specific newswires.
Disclaimer: The following company profile news is a paid for submission, by North Arrow Minerals Inc. (TSX-V: NAR) as an advertising showcase company on Investorideas.com. 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 or its IR department and is not the opinion of Investorideas.
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Contact the company for more info
D. Grenville Thomas
President and CEO
Tel: 604-668-8355
Email: info@northarrowminerals.com
Gordon Clarke
Vice President, Exploration
Tel: 867-873-8483
Website: http://www.northarrowminerals.com/
For Additional Information about Investorideas.com mining portals:
C Van Zant: - cvanzant@investorideas.com Source - Investorideas.com
June 16, 2010 – (Investorideas.com Mining stocks Newswire) Investor Ideas and its leading mining investor portals, announce the new company profile for mining showcase stock, North Arrow Minerals Inc. (TSX-V: NAR) is available for interested investors. Investors can read recent media coverage, interviews, management and properties info at the profile page in addition to more detail on the company’s opportunity for investors.
Showcase Mining Stock - Featured on Investorideas.com, www.Gold-MiningStocks.com and www.MiningSectorStocks.com
North Arrow Minerals Inc.
North Arrow Minerals Inc. (TSX-V: NAR) manages a diversified portfolio of diamond, lithium, gold and base metal properties. The company's exploration activities are conducted under the direction of an experienced management team that has a proven track record for discovery of important deposits.
North Arrow is currently drilling its highly prospective Beaverdam Lithium Property in North Carolina. The company is also preparing a major summer drill program at its Lac de Gras diamond property where 70 high priority kimberlite targets have been identified through proprietary technology.
Visit the full North Arrow Minerals Inc. (TSX-V: NAR) company profile at Investorideas.com:
http://www.investorideas.com/CO/NAR/
Recent news;
North Arrow (TSXV: NAR) Provides Update on Lithium and Diamond Projects - May 7, 2010
Read Full news here: http://www.investorideas.com/CO/NAR/news/5071.asp
Visit the company website at: http://www.northarrowminerals.com/s/Home.asp
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Disclaimer: The following company profile news is a paid for submission, by North Arrow Minerals Inc. (TSX-V: NAR) as an advertising showcase company on Investorideas.com. 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 or its IR department and is not the opinion of Investorideas.
This site is currently compensated by featured companies, news submissions, company profile submissions and online advertising.
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Contact the company for more info
D. Grenville Thomas
President and CEO
Tel: 604-668-8355
Email: info@northarrowminerals.com
Gordon Clarke
Vice President, Exploration
Tel: 867-873-8483
Website: http://www.northarrowminerals.com/
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C Van Zant: - cvanzant@investorideas.com Source - Investorideas.com
Tuesday, June 15, 2010
Searching for “clean and secure supply of lithium to power the lithium ion batteries for electric cars of the future”
Lithium Stocks Directory for Green and Mining Investors
Searching for “clean and secure supply of lithium to power the lithium ion batteries for electric cars of the future”
June 15, 2010 – (Investorideas.com Mining Stocks Newswire) Investor Ideas and its leading mining and green investor portals are currently updating the mining stocks directory and green stock directory with a new category for publicly traded lithium companies.
Investorideas.com also recently announced the company profile for lithium showcase stock Rodinia Minerals Inc. (TSX-V: RM) (OTCQX: RDNAF) for interested mining and green investors. Rodinia is currently exploring its Clayton Valley project in Nevada, USA, which surrounds the only lithium-brine producer in North America, and its Diablillos project in Salta, Argentina. The company is focusing on Diablillos, its primary asset and will commence drilling shortly.
In a recent press release, Seifi Ghasemi, Chairman and CEO of Rockwood Holdings, Inc. (NYSE: ROC), while speaking today at a Credit Suisse Investment conference on the Future of Energy in Washington D.C., urged policymakers and others to recognize that “electrification of our transportation system is essential for the future.”
Mr. Ghasemi concluded, “For our part as a leading producer of lithium, we will do our best to ensure an adequate, clean and secure supply of lithium to power the lithium ion batteries for electric cars of the future.”
Full news :
Investorideas.com mining directory and green directory will be updated for July 2010 with a full list of lithium stocks and company descriptions.
Mining stocks directory page
Green stocks directory page
Partial preview of Lithium Stocks Directory:
AKA Ventures Inc. (TSX:AKA.V)
Ashburton Ventures Inc. (TSX:ABR.V)
Avalon Rare Metals Inc. (TSX:AVL.TO)
Canada Lithium Corp. (TSX:CLQ.V
Canadian Orebodies Inc. (TSX:CO.V)
Champion Bear Resources Ltd. (TSX:CBA.V)
Consolidated Spire Ventures Ltd. (TSX:CZS.V)
Cornerstone Capital Resources Inc. (TSX: CGP.V)
Dios Exploration Inc. (TSX:DOS.V
Encore Renaissance Resources Corp. (TSX:EZ.V)
Etna Resources Inc. (TSX:ETN.V)
Everton Resources (TSX: EVR.V.)
North Arrow Minerals Inc. (TSX:NAR.V)
Western Lithium USA Corporation (TSX:WLC.V)
Showcase Lithium Stock - Rodinia Minerals Inc. (TSX-V: RM) (OTCQX: RDNAF)
“Lithium for a Green Future “
Rodinia Minerals Inc. (TSX-V: RM) (OTCQX: RDNAF) is a Canadian mineral exploration company with a primary focus on lithium exploration and development in North and South America. The Company is positioned to capitalize on the expected increase in demand for lithium carbonate that is projected to result from the anticipated paradigm shift to mass adoption and use of key lithium applications like lithium-ion batteries as well as glass ceramics, greases, pharmaceuticals etc.
Visit the full company profile at Investorideas.com: http://www.investorideas.com/CO/RM/
Visit the company website at: http://www.rodiniaminerals.com/
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www.Gold-MiningStocks.com and www.MiningSectorStocks.com, portals within the InvestorIdeas.com content umbrella, feature industry and stock news with the mining stocks newswire , investing articles and financial columnists from some of the industry’s best, investor conferences, our gold and mining blog at Blogger.com and a global directory of mining and gold stocks. Gold-Mining stocks .com has also created and sponsored a gold and mining stocks group at www.Linkedin.com for investors and IR professionals to communicate. Join the group
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InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing, covering leading industry sectors including mining and gold stocks, in addition to global markets including China, India, the Middle East and Australia. Investorideas.com is known for its comprehensive stock directories in each sector and sector specific newswires.
Disclaimer: The following company profile news for Rodinia Minerals Inc. (TSX-V: RM) (OTCQX: RDNAF) is a paid for submission, as an advertising showcase company on Investorideas.com. 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 or its IR department and is not the opinion of Investorideas. This site is currently compensated by featured companies, news submissions, company profile submissions and online advertising.
Disclaimer/Disclosure: http://www.investorideas.com/About/Disclaimer.asp
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More info on Rodinia Minerals
Contact
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C Van Zant: – cvanzant@investorideas.com
Source – Investorideas.com
Searching for “clean and secure supply of lithium to power the lithium ion batteries for electric cars of the future”
June 15, 2010 – (Investorideas.com Mining Stocks Newswire) Investor Ideas and its leading mining and green investor portals are currently updating the mining stocks directory and green stock directory with a new category for publicly traded lithium companies.
Investorideas.com also recently announced the company profile for lithium showcase stock Rodinia Minerals Inc. (TSX-V: RM) (OTCQX: RDNAF) for interested mining and green investors. Rodinia is currently exploring its Clayton Valley project in Nevada, USA, which surrounds the only lithium-brine producer in North America, and its Diablillos project in Salta, Argentina. The company is focusing on Diablillos, its primary asset and will commence drilling shortly.
In a recent press release, Seifi Ghasemi, Chairman and CEO of Rockwood Holdings, Inc. (NYSE: ROC), while speaking today at a Credit Suisse Investment conference on the Future of Energy in Washington D.C., urged policymakers and others to recognize that “electrification of our transportation system is essential for the future.”
Mr. Ghasemi concluded, “For our part as a leading producer of lithium, we will do our best to ensure an adequate, clean and secure supply of lithium to power the lithium ion batteries for electric cars of the future.”
Full news :
Investorideas.com mining directory and green directory will be updated for July 2010 with a full list of lithium stocks and company descriptions.
Mining stocks directory page
Green stocks directory page
Partial preview of Lithium Stocks Directory:
AKA Ventures Inc. (TSX:AKA.V)
Ashburton Ventures Inc. (TSX:ABR.V)
Avalon Rare Metals Inc. (TSX:AVL.TO)
Canada Lithium Corp. (TSX:CLQ.V
Canadian Orebodies Inc. (TSX:CO.V)
Champion Bear Resources Ltd. (TSX:CBA.V)
Consolidated Spire Ventures Ltd. (TSX:CZS.V)
Cornerstone Capital Resources Inc. (TSX: CGP.V)
Dios Exploration Inc. (TSX:DOS.V
Encore Renaissance Resources Corp. (TSX:EZ.V)
Etna Resources Inc. (TSX:ETN.V)
Everton Resources (TSX: EVR.V.)
North Arrow Minerals Inc. (TSX:NAR.V)
Western Lithium USA Corporation (TSX:WLC.V)
Showcase Lithium Stock - Rodinia Minerals Inc. (TSX-V: RM) (OTCQX: RDNAF)
“Lithium for a Green Future “
Rodinia Minerals Inc. (TSX-V: RM) (OTCQX: RDNAF) is a Canadian mineral exploration company with a primary focus on lithium exploration and development in North and South America. The Company is positioned to capitalize on the expected increase in demand for lithium carbonate that is projected to result from the anticipated paradigm shift to mass adoption and use of key lithium applications like lithium-ion batteries as well as glass ceramics, greases, pharmaceuticals etc.
Visit the full company profile at Investorideas.com: http://www.investorideas.com/CO/RM/
Visit the company website at: http://www.rodiniaminerals.com/
Request news and stock alerts from Rodinia Minerals Inc. (TSX-V: RM) (OTCQX: RDNAF)
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About our Gold and Mining Investor Portals:
www.Gold-MiningStocks.com and www.MiningSectorStocks.com, portals within the InvestorIdeas.com content umbrella, feature industry and stock news with the mining stocks newswire , investing articles and financial columnists from some of the industry’s best, investor conferences, our gold and mining blog at Blogger.com and a global directory of mining and gold stocks. Gold-Mining stocks .com has also created and sponsored a gold and mining stocks group at www.Linkedin.com for investors and IR professionals to communicate. Join the group
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About InvestorIdeas.com:
InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing, covering leading industry sectors including mining and gold stocks, in addition to global markets including China, India, the Middle East and Australia. Investorideas.com is known for its comprehensive stock directories in each sector and sector specific newswires.
Disclaimer: The following company profile news for Rodinia Minerals Inc. (TSX-V: RM) (OTCQX: RDNAF) is a paid for submission, as an advertising showcase company on Investorideas.com. 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 or its IR department and is not the opinion of Investorideas. This site is currently compensated by featured companies, news submissions, company profile submissions and online advertising.
Disclaimer/Disclosure: http://www.investorideas.com/About/Disclaimer.asp
Disclosure: http://www.investorideas.com/About/News/Clientspecifics.asp
More info on Rodinia Minerals
Contact
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C Van Zant: – cvanzant@investorideas.com
Source – Investorideas.com
Monday, June 14, 2010
Gold Stocks; Wildcat Exploration Ltd. (TSX-V:WEL) Mobilizes Exploration Crews Onto Reed (Cu, Zn, Ni) Project -Expands Project Area, Flin Flon-Snow Lake District
Gold Stocks; Wildcat Exploration Ltd. (TSX-V:WEL) Mobilizes Exploration Crews Onto Reed (Cu, Zn, Ni) Project -Expands Project Area, Flin Flon-Snow Lake District
Winnipeg, Manitoba - June 14, 2010 (Investorideas.com Mining Stocks Newswire) - Wildcat Exploration Ltd. (TSX-V:WEL) is pleased to announce that the next phase of exploration on the Company's 100% owned Reed Project has begun with the mobilization of a six person exploration team onto the property.
The 3 Best Gold Picks for 2010The Reed Project is situated 35 kilometres southwest of the town of Snow Lake, Manitoba. The Snow Lake mining camp has recently witnessed renewed interest with the discovery of the Lalor deposit (Zn, Cu, Au) by HudBay Minerals Inc. In the vicinity of the Reed Project, the area has been the focus of other recent exploration successes at the "Discovery Zone" (Cu, Zn) on the VMS Ventures Inc./HudBay property, the "Rail" deposit (Cu, Zn) optioned by Rockcliff Resources Inc. from HudBay, and the Wine property (Ni, Cu) belonging to Cream Minerals Ltd.
The Reed Project is underlain by volcanic and intrusive rocks belonging to the Flin Flon - Snow Lake greenstone belt, which host the recent discoveries previously mentioned. Geophysical data suggest that these rocks trend onto the Reed Project along strike from the Rail and the Wine mineralization, both types of which have distinctive conductive signatures. This positions the Reed Project to host either or both deposit types.
Wildcat's 2010 program includes mapping, sampling and surface geophysical surveys with a focus on conductors generated from previous airborne surveys. The current program will involve surface investigation to validate and prioritize these conductors for drill testing in the 2010/11 winter drill season.
The Company recently staked additional claims on the northeast flank of the property, increasing the total area to 8,037 hectares in 43 contiguous claims. The current Reed program includes geological mapping and sampling on the new claims. A map of the project including the new claims will be posted at www.wildcat.ca on the Projects/Reed page.
Tom Lewis, Wildcat's V.P. Exploration, explains, "We are looking forward to investigating the surface expression of conductors on the Reed Project and I am optimistic that we will see favourable geological features essential to the deposition of base metals in preparation for a winter drill program."
Wildcat's exploration program is being managed by Tom Lewis, B.Sc. P.Eng., a Qualified Person as defined by NI 43-101. All technical information in this release has been reviewed by Tom Lewis, B.Sc. P.Eng., as the Qualified Person. Abbreviations used: Copper - Cu; Zinc - Zn; Nickel - Ni; Gold - Au.
About Wildcat Exploration Ltd.
Wildcat Exploration Ltd. is a Winnipeg-based company exploring for gold and base metals in Canada. Its portfolio includes: (1) several precious metal properties in the Rice Lake greenstone belt in Manitoba, (2) the Reed Lake base metal and PGE property in the Flin Flon greenstone belt in Manitoba and (3) the Foster River zinc-lead-silver project in Saskatchewan. As the Company builds its property portfolio, Wildcat welcomes proposals from owners of advanced Canadian exploration properties.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. For further information on the Company please visit our website at www.wildcat.ca or contact us at info@wildcat.ca. The Company's public filings, including its most recent audited consolidated financial statements, can be reviewed on the SEDAR website (www.sedar.com).
Source: Wildcat Exploration Ltd.
John Knowles, President CEO
Suite 203, 1780 Wellington Avenue
Winnipeg, Manitoba, R3H 1B3
Phone: (204) 944-8916
Fax: (204) 944-8918
This news release may contain "forward-looking information", within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to Wildcat's exploration program and plans. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "believes", "plans", "seeks", "expects", "budget" or variations of such words or statements that certain actions, events or results may, could, will, will be, would be or are expected to be. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Wildcat to be materially different from those expressed or implied by such forward-looking information.. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. Wildcat does not undertake to update any forward- looking information, except in accordance with applicable securities laws.
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Disclosure: WEL is a paid advertising client on Investorideas.com and our mining portals.
Published at Investorideas.com and http://www.gold-miningstocks.com/ and http://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.
Winnipeg, Manitoba - June 14, 2010 (Investorideas.com Mining Stocks Newswire) - Wildcat Exploration Ltd. (TSX-V:WEL) is pleased to announce that the next phase of exploration on the Company's 100% owned Reed Project has begun with the mobilization of a six person exploration team onto the property.
The 3 Best Gold Picks for 2010The Reed Project is situated 35 kilometres southwest of the town of Snow Lake, Manitoba. The Snow Lake mining camp has recently witnessed renewed interest with the discovery of the Lalor deposit (Zn, Cu, Au) by HudBay Minerals Inc. In the vicinity of the Reed Project, the area has been the focus of other recent exploration successes at the "Discovery Zone" (Cu, Zn) on the VMS Ventures Inc./HudBay property, the "Rail" deposit (Cu, Zn) optioned by Rockcliff Resources Inc. from HudBay, and the Wine property (Ni, Cu) belonging to Cream Minerals Ltd.
The Reed Project is underlain by volcanic and intrusive rocks belonging to the Flin Flon - Snow Lake greenstone belt, which host the recent discoveries previously mentioned. Geophysical data suggest that these rocks trend onto the Reed Project along strike from the Rail and the Wine mineralization, both types of which have distinctive conductive signatures. This positions the Reed Project to host either or both deposit types.
Wildcat's 2010 program includes mapping, sampling and surface geophysical surveys with a focus on conductors generated from previous airborne surveys. The current program will involve surface investigation to validate and prioritize these conductors for drill testing in the 2010/11 winter drill season.
The Company recently staked additional claims on the northeast flank of the property, increasing the total area to 8,037 hectares in 43 contiguous claims. The current Reed program includes geological mapping and sampling on the new claims. A map of the project including the new claims will be posted at www.wildcat.ca on the Projects/Reed page.
Tom Lewis, Wildcat's V.P. Exploration, explains, "We are looking forward to investigating the surface expression of conductors on the Reed Project and I am optimistic that we will see favourable geological features essential to the deposition of base metals in preparation for a winter drill program."
Wildcat's exploration program is being managed by Tom Lewis, B.Sc. P.Eng., a Qualified Person as defined by NI 43-101. All technical information in this release has been reviewed by Tom Lewis, B.Sc. P.Eng., as the Qualified Person. Abbreviations used: Copper - Cu; Zinc - Zn; Nickel - Ni; Gold - Au.
About Wildcat Exploration Ltd.
Wildcat Exploration Ltd. is a Winnipeg-based company exploring for gold and base metals in Canada. Its portfolio includes: (1) several precious metal properties in the Rice Lake greenstone belt in Manitoba, (2) the Reed Lake base metal and PGE property in the Flin Flon greenstone belt in Manitoba and (3) the Foster River zinc-lead-silver project in Saskatchewan. As the Company builds its property portfolio, Wildcat welcomes proposals from owners of advanced Canadian exploration properties.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. For further information on the Company please visit our website at www.wildcat.ca or contact us at info@wildcat.ca. The Company's public filings, including its most recent audited consolidated financial statements, can be reviewed on the SEDAR website (www.sedar.com).
Source: Wildcat Exploration Ltd.
John Knowles, President CEO
Suite 203, 1780 Wellington Avenue
Winnipeg, Manitoba, R3H 1B3
Phone: (204) 944-8916
Fax: (204) 944-8918
This news release may contain "forward-looking information", within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to Wildcat's exploration program and plans. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "believes", "plans", "seeks", "expects", "budget" or variations of such words or statements that certain actions, events or results may, could, will, will be, would be or are expected to be. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Wildcat to be materially different from those expressed or implied by such forward-looking information.. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. Wildcat does not undertake to update any forward- looking information, except in accordance with applicable securities laws.
Visit the WEL showcase profile at Investorideas.com
http://www.investorideas.com/CO/WEL/
Request News and Info on WEL
Disclosure: WEL is a paid advertising client on Investorideas.com and our mining portals.
Published at Investorideas.com and http://www.gold-miningstocks.com/ and http://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.
Tuesday, June 08, 2010
Mining Stocks News; Tombstone (OTCBB:TMBXF) Acquires Acreage South Of Current Holdings
Mining Stocks News; Tombstone Exploration Corporation (OTCBB:TMBXF) Acquires Acreage South Of Current Holdings
PHOENIX, AZ - June 8, 2010 (Investorideas.com Mining Stocks Newswire) - Tombstone Exploration Corp. (OTCBB:TMBXF) announced today that the Company has acquired additional land to the south of its current holdings in the area where an international mining company has been staking claims.
Tombstone is also finalizing details and budgets for an airborne geophysical program over the entire Tombstone district. The proposed geophysical program will use the ZTEM system which has been used for deep targets. Follow up work may include geochemical surveys, prior to selecting additional drill targets. This geophysical exploration is targeting the deep copper potential in the district. The Company's new holdings, comprising 240 acres, are in an area that has potential for these types of deposits.
Alan Brown, CEO of Tombstone, commented, "We are waiting for the results of our first round of drilling. In the mean time, we are finalizing the next phase of our exploration program, which will include geophysical surveys for porphyry copper targets on our land holdings."
Tombstone Exploration Corporation (TMBXF) is focused primarily on exploration and development of mineral resources. Tombstone Exploration Corporation has the mineral rights to approximately 14,000 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 http://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. Brown
President
alanmbrown@cox.net
480-305-4507
Investor Relations:
The Eversull Group, Inc.
Jack Eversull
972-571-1624
jack@theeversullgroup.com
Visit the TMBXF showcase profile at Investorideas.com
http://www.investorideas.com/CO/TMBX/
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Disclosure: TMBXF is a paid advertising client on Investorideas.com and our mining portals.
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.
Disclaimer http://www.investorideas.com/About/Disclaimer.asp
Mining Stocks Directory: Research mining stocks and gold stocks:
Directory Features 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 -Public companies please contact us with updates, corrections and additions.
PHOENIX, AZ - June 8, 2010 (Investorideas.com Mining Stocks Newswire) - Tombstone Exploration Corp. (OTCBB:TMBXF) announced today that the Company has acquired additional land to the south of its current holdings in the area where an international mining company has been staking claims.
Tombstone is also finalizing details and budgets for an airborne geophysical program over the entire Tombstone district. The proposed geophysical program will use the ZTEM system which has been used for deep targets. Follow up work may include geochemical surveys, prior to selecting additional drill targets. This geophysical exploration is targeting the deep copper potential in the district. The Company's new holdings, comprising 240 acres, are in an area that has potential for these types of deposits.
Alan Brown, CEO of Tombstone, commented, "We are waiting for the results of our first round of drilling. In the mean time, we are finalizing the next phase of our exploration program, which will include geophysical surveys for porphyry copper targets on our land holdings."
Tombstone Exploration Corporation (TMBXF) is focused primarily on exploration and development of mineral resources. Tombstone Exploration Corporation has the mineral rights to approximately 14,000 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 http://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. Brown
President
alanmbrown@cox.net
480-305-4507
Investor Relations:
The Eversull Group, Inc.
Jack Eversull
972-571-1624
jack@theeversullgroup.com
Visit the TMBXF showcase profile at Investorideas.com
http://www.investorideas.com/CO/TMBX/
Request News and Info on TMBXF
Disclosure: TMBXF is a paid advertising client on Investorideas.com and our mining portals.
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.
Disclaimer http://www.investorideas.com/About/Disclaimer.asp
Mining Stocks Directory: Research mining stocks and gold stocks:
Directory Features 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 -Public companies please contact us with updates, corrections and additions.
Gold Stocks News; Wildcat Exploration Ltd. (TSX-V:WEL) Announces New Director Edward Yarrow
Gold Stocks News; Wildcat Exploration Ltd. (TSX-V:WEL) Announces New Director Edward Yarrow
Winnipeg, Manitoba - June 7, 2010 (Investorideas.com Mining Stocks Newswire) - announces that Edward W. Yarrow was elected to the board of directors at the annual meeting of shareholders held on Thursday, June 3, 2010.
Mr. Yarrow is a senior economic geologist with over 35 years experience in the minerals industry. He has been involved in a number of discoveries of massive sulphide, magmatic nickel, tungsten and gold during this timeframe. Recently retired as V.P. Exploration of Anglo American plc with responsibility for North America and Europe, Mr. Yarrow has extensive experience in commercial and legal aspects of the business and new business development in a number of different countries.
Also elected to the board were John Knowles (President and CEO), Glen Gowryluk (CFO), Andrew Daniels, Denis Fillion and Charles Pitcher. Biographical information on the Company's directors and officers may be found on its website. Rob Dzisiak, who recently assumed the role of founding CEO of the Canadian arm of a major U.S. commodities trading company, did not stand for re-election to the board.
"Ed Yarrow brings tremendous exploration expertise as well as industry recognition and we are very pleased to welcome him to the Wildcat board", said John Knowles of the appointment. "And we wish to acknowledge and thank Rob for his contribution to the Company during some challenging markets and circumstances, and wish him well in his new role".
About Wildcat Exploration Ltd.
Wildcat Exploration Ltd. is a Winnipeg-based company exploring for gold and base metals in Canada. Its portfolio includes: (1) several precious metal properties in the Rice Lake greenstone belt in Manitoba, (2) the Reed Lake base metal and PGE property in the Flin Flon greenstone belt in Manitoba and (3) the Foster River zinc-lead-silver project in Saskatchewan. As the Company builds its property portfolio, Wildcat welcomes proposals from owners of advanced Canadian exploration properties.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. For further information on the Company please visit our website at www.wildcat.ca or contact us at info@wildcat.ca. The Company's public filings, including its most recent audited consolidated financial statements, can be reviewed on the SEDAR website (www.sedar.com).
Source: Wildcat Exploration Ltd.
John Knowles, President CEO
Suite 203, 1780 Wellington Avenue
Winnipeg, Manitoba, R3H 1B3
Phone: (204) 944-8916
Fax: (204) 944-8918
This news release may contain "forward-looking information", within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to Wildcat's exploration program and plans. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "believes", "plans", "seeks", "expects", "budget" or variations of such words or statements that certain actions, events or results may, could, will, will be, would be or are expected to be. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Wildcat to be materially different from those expressed or implied by such forward-looking information.. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. Wildcat does not undertake to update any forward- looking information, except in accordance with applicable securities laws.
_________________________________________
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Winnipeg, Manitoba - June 7, 2010 (Investorideas.com Mining Stocks Newswire) - announces that Edward W. Yarrow was elected to the board of directors at the annual meeting of shareholders held on Thursday, June 3, 2010.
Mr. Yarrow is a senior economic geologist with over 35 years experience in the minerals industry. He has been involved in a number of discoveries of massive sulphide, magmatic nickel, tungsten and gold during this timeframe. Recently retired as V.P. Exploration of Anglo American plc with responsibility for North America and Europe, Mr. Yarrow has extensive experience in commercial and legal aspects of the business and new business development in a number of different countries.
Also elected to the board were John Knowles (President and CEO), Glen Gowryluk (CFO), Andrew Daniels, Denis Fillion and Charles Pitcher. Biographical information on the Company's directors and officers may be found on its website. Rob Dzisiak, who recently assumed the role of founding CEO of the Canadian arm of a major U.S. commodities trading company, did not stand for re-election to the board.
"Ed Yarrow brings tremendous exploration expertise as well as industry recognition and we are very pleased to welcome him to the Wildcat board", said John Knowles of the appointment. "And we wish to acknowledge and thank Rob for his contribution to the Company during some challenging markets and circumstances, and wish him well in his new role".
About Wildcat Exploration Ltd.
Wildcat Exploration Ltd. is a Winnipeg-based company exploring for gold and base metals in Canada. Its portfolio includes: (1) several precious metal properties in the Rice Lake greenstone belt in Manitoba, (2) the Reed Lake base metal and PGE property in the Flin Flon greenstone belt in Manitoba and (3) the Foster River zinc-lead-silver project in Saskatchewan. As the Company builds its property portfolio, Wildcat welcomes proposals from owners of advanced Canadian exploration properties.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. For further information on the Company please visit our website at www.wildcat.ca or contact us at info@wildcat.ca. The Company's public filings, including its most recent audited consolidated financial statements, can be reviewed on the SEDAR website (www.sedar.com).
Source: Wildcat Exploration Ltd.
John Knowles, President CEO
Suite 203, 1780 Wellington Avenue
Winnipeg, Manitoba, R3H 1B3
Phone: (204) 944-8916
Fax: (204) 944-8918
This news release may contain "forward-looking information", within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to Wildcat's exploration program and plans. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "believes", "plans", "seeks", "expects", "budget" or variations of such words or statements that certain actions, events or results may, could, will, will be, would be or are expected to be. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Wildcat to be materially different from those expressed or implied by such forward-looking information.. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. Wildcat does not undertake to update any forward- looking information, except in accordance with applicable securities laws.
_________________________________________
Visit the WEL showcase profile at Investorideas.com
Disclosure: WEL is a paid advertising client on Investorideas.com and our mining portals
Request News and Info on WEL
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Monday, June 07, 2010
Gold Stocks; Gold Bullion Development Corp. (TSX-V: GBB) Trading Alert; Up $0.0350 (8.14%) on over 1.2 million shares
Gold Stocks; Gold Bullion Development Corp. (TSX-V: GBB) Trading Alert; Up $0.0350 (8.14%) on over 1.2 million shares
June 7th 2010 – (Investorideas.com Mining stocks Newswire) www.InvestorIdeas.com and its leading mining investor portals release a trading alert for showcase gold mining stock Gold Bullion Development Corp. (TSX-V: GBB) (OTCPK: GBBFF) as gold trades up.
Gold Bullion Development Corp. (TSX-V: GBB) (OTCPK: GBBFF) is trading at $0.4650, up $0.0350 (8.14%) on over 1.2 million shares .
Showcase Gold Mining Stock Gold Bullion Development Corp:
Gold Bullion Development Corp. (TSX-V: GBB) is a TSX Venture listed junior natural resource company focusing on the exploration and development of mineral properties, all of which are located in Canada. The Company is currently focused on the advancement of its Granada Gold Mine Property in Rouyn-Noranda, Quebec and Castle Silver Mine Property in Gowganda, Ontario.
Investors can view the full company profile for Gold Bullion Development Corp. (TSX-V: GBB) (OTCPK: GBBFF) at: http://www.investorideas.com/CO/GBB/
Visit the company website at: http://goldbulliondevelopmentcorp.com/
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Investorideas.com mining stocks directory (http://www.investorideas.com/Gold_Stocks/Stocks_List.asp) currently features over 1000 mining stocks for investors to research. The directory is also updated monthly as we add new companies in the sector.
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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.
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Mr. Roger Thomas
613-823-3359
info@goldbulliondevelopmentcorp.com
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Source – Investorideas.com
June 7th 2010 – (Investorideas.com Mining stocks Newswire) www.InvestorIdeas.com and its leading mining investor portals release a trading alert for showcase gold mining stock Gold Bullion Development Corp. (TSX-V: GBB) (OTCPK: GBBFF) as gold trades up.
Gold Bullion Development Corp. (TSX-V: GBB) (OTCPK: GBBFF) is trading at $0.4650, up $0.0350 (8.14%) on over 1.2 million shares .
Showcase Gold Mining Stock Gold Bullion Development Corp:
Gold Bullion Development Corp. (TSX-V: GBB) is a TSX Venture listed junior natural resource company focusing on the exploration and development of mineral properties, all of which are located in Canada. The Company is currently focused on the advancement of its Granada Gold Mine Property in Rouyn-Noranda, Quebec and Castle Silver Mine Property in Gowganda, Ontario.
Investors can view the full company profile for Gold Bullion Development Corp. (TSX-V: GBB) (OTCPK: GBBFF) at: http://www.investorideas.com/CO/GBB/
Visit the company website at: http://goldbulliondevelopmentcorp.com/
Request news and stock alerts from Gold Bullion Development Corp. (TSX-V: GBB) (OTCPK: GBBFF)
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About our Mining Portals:
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Investorideas.com mining stocks directory (http://www.investorideas.com/Gold_Stocks/Stocks_List.asp) currently features over 1000 mining stocks for investors to research. The directory is also updated monthly as we add 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.
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.
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Contact Gold Bullion Development Corp. (TSX-V: GBB) (OTCPK: GBBFF)
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613-823-3359
info@goldbulliondevelopmentcorp.com
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Thursday, June 03, 2010
Argentina Gold Stocks; Soltera Mining (OTCPK: SLTA ) Stock Chart, Video and Corporate Info
Argentina Gold Stocks; Soltera Mining (OTCPK: SLTA ) Stock Chart, Video and Corporate Info
Point Roberts, WA – June 3, 2010 – (Investorideas.com mining stocks newswire) Investorideas.com and its leading mining investor portals feature gold stock, Soltera Mining Corp. (OTCPK: SLTA.) FRANKFURT: SN7) trading chart, video link and corporate info for investors following mining stocks. Soltera Mining Corp. (OTCPK: SLTA.) closed trading June 2, 2010 at. $0.20, with a high of $0.22 on the day.
Share - Linkable Version - Instructions - About Realtime Data - Report Problems
More info about Showcase Gold Mining Stock Soltera Mining Corp. (OTCPK: SLTA FRANKFURT: SN7):
Soltera Mining Corp. is a unique exploration company in the sense that it is following two distinct lines of action. The first is conventional, with exploration concentrated on two carefully selected gold and base metal projects in Argentina, particularly the large-scale El Torno gold project in Jujuy. The second, less conventional action is to finance immediate small-scale gold production from a specific section of the 14 km gold-quartz vein at El Torno.
Interested investors can also watch a video of Soltera Mining’s gold processing operation during initial tests held in Argentina: http://bit.ly/aUh1J6
Investors can view the full company profile for Soltera Mining Corp. at http://www.investorideas.com/CO/SLTA/
Visit the company website at http://www.solteramining.com/
Properties : http://www.solteramining.com/index.php?option=com_content&task=view&id=19&Itemid=74
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For disclosure purposes, Soltera is a showcase mining stock on Investorideas.com and compensates the company accordingly. See below)
Soltera - Safe Harbor Statement: Certain statements contained herein are "forward-looking" statements (as such term is defined in the Private Securities Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Information or opinions in this document are presented solely for informative purposes and are not intended nor should be construed as investment advice. We encourage you to carefully review the Company with your investment advisor and verify any information that is important to your investment decision
About our Mining Portals:
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Disclaimer: The following company profile release for Soltera Mining is a paid for submission as an online advertising client on Investorideas.com. 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.
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Contact Soltera Mining Corp.
Fabio Montanari
info@solteramining.com
+1 888-768-5552
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Source – Investorideas.com
_____________________________________________
More mining stocks info from Investorideas.com and our Gold and Mining Stocks Blog: Visit Investorideas.com leading mining portals - www.gold-miningstocks.com and www.miningsectorstocks.com to get stock news, directories and showcase mining stocks to follow. Gold and mining investors can research stocks with the mining stocks directory, featuring Gold Stocks, Silver Stocks, Uranium Stocks, Copper Stocks, Zinc Stocks and Precious Metals TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading Stock Exchanges. The investorideas.com mining stock directory lists over 1000publicly traded mining stocks for investors. Preview the directory here : http://www.investorideas.com/Gold_Stocks/Stocks_List.asp
Point Roberts, WA – June 3, 2010 – (Investorideas.com mining stocks newswire) Investorideas.com and its leading mining investor portals feature gold stock, Soltera Mining Corp. (OTCPK: SLTA.) FRANKFURT: SN7) trading chart, video link and corporate info for investors following mining stocks. Soltera Mining Corp. (OTCPK: SLTA.) closed trading June 2, 2010 at. $0.20, with a high of $0.22 on the day.
Share - Linkable Version - Instructions - About Realtime Data - Report Problems
More info about Showcase Gold Mining Stock Soltera Mining Corp. (OTCPK: SLTA FRANKFURT: SN7):
Soltera Mining Corp. is a unique exploration company in the sense that it is following two distinct lines of action. The first is conventional, with exploration concentrated on two carefully selected gold and base metal projects in Argentina, particularly the large-scale El Torno gold project in Jujuy. The second, less conventional action is to finance immediate small-scale gold production from a specific section of the 14 km gold-quartz vein at El Torno.
Interested investors can also watch a video of Soltera Mining’s gold processing operation during initial tests held in Argentina: http://bit.ly/aUh1J6
Investors can view the full company profile for Soltera Mining Corp. at http://www.investorideas.com/CO/SLTA/
Visit the company website at http://www.solteramining.com/
Properties : http://www.solteramining.com/index.php?option=com_content&task=view&id=19&Itemid=74
Request news and stock alerts from Soltera Mining Corp.
http://www.investorideas.com/Resources/Newsletter.asp
For disclosure purposes, Soltera is a showcase mining stock on Investorideas.com and compensates the company accordingly. See below)
Soltera - Safe Harbor Statement: Certain statements contained herein are "forward-looking" statements (as such term is defined in the Private Securities Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Information or opinions in this document are presented solely for informative purposes and are not intended nor should be construed as investment advice. We encourage you to carefully review the Company with your investment advisor and verify any information that is important to your investment decision
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.
Disclaimer: The following company profile release for Soltera Mining is a paid for submission as an online advertising client on Investorideas.com. 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.
Disclaimer/Disclosure: http://www.investorideas.com/About/Disclaimer.asp
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Investor Protection and Regulation for Pinks sheets:
http://www.pinksheets.com/otcguide/investors_protection.jsp
Contact Soltera Mining Corp.
Fabio Montanari
info@solteramining.com
+1 888-768-5552
For Additional Information about Investorideas.com mining portals:
C Van Zant: 800-665-0411 – cvanzant@investorideas.com
Source – Investorideas.com
_____________________________________________
More mining stocks info from Investorideas.com and our Gold and Mining Stocks Blog: Visit Investorideas.com leading mining portals - www.gold-miningstocks.com and www.miningsectorstocks.com to get stock news, directories and showcase mining stocks to follow. Gold and mining investors can research stocks with the mining stocks directory, featuring Gold Stocks, Silver Stocks, Uranium Stocks, Copper Stocks, Zinc Stocks and Precious Metals TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading Stock Exchanges. The investorideas.com mining stock directory lists over 1000publicly traded mining stocks for investors. Preview the directory here : http://www.investorideas.com/Gold_Stocks/Stocks_List.asp
Wednesday, June 02, 2010
Tombstone Exploration Corporation (OTCBB:TMBXF) Receives State Approval for Five Additional Silver/Gold Exploration Permits
Tombstone Exploration Corporation (OTCBB:TMBXF) Receives State Approval for Five Additional Silver/Gold Exploration Permits
PHOENIX, AZ - June 2, 2010 (Investorideas.com Mining Stocks Newswire) - Tombstone Exploration Corp. (OTCBB:TMBXF) announced today that the exploration permits that were applied for on March 18th, 2010 have been approved by the Arizona State Land Department. Tombstone paid the fees for these permits on May 27th.
The permits encompass five sections, totaling approximately 2,500 acres in the Tombstone Mining District that are surrounding the Company's current holdings. The rocks in these parcels are principally the Bisbee Group sediments and metasediments that have been highly productive in both the Tombstone Mining District and in the Warren (Bisbee) Mining District, Arizona.
Alan M. Brown, CEO of Tombstone, commented, "The additional acreage will certainly enhance our property and will be encompassed as part of the Geophysical Program which we are currently in the final stages of planning, and in our 2010 Drilling program."
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 the largest landholder in the Tombstone Mining District.
For more information on Tombstone Exploration Corporation, please visit http://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. Brown
President
alanmbrown@cox.net
480-305-4507
Investor Relations:
The Eversull Group, Inc.
Jack Eversull
972-571-1624
jack@theeversullgroup.com
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Mining Stocks Directory: Research mining stocks and gold stocks:
Directory Features 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 -Public companies please contact us with updates, corrections and additions.
PHOENIX, AZ - June 2, 2010 (Investorideas.com Mining Stocks Newswire) - Tombstone Exploration Corp. (OTCBB:TMBXF) announced today that the exploration permits that were applied for on March 18th, 2010 have been approved by the Arizona State Land Department. Tombstone paid the fees for these permits on May 27th.
The permits encompass five sections, totaling approximately 2,500 acres in the Tombstone Mining District that are surrounding the Company's current holdings. The rocks in these parcels are principally the Bisbee Group sediments and metasediments that have been highly productive in both the Tombstone Mining District and in the Warren (Bisbee) Mining District, Arizona.
Alan M. Brown, CEO of Tombstone, commented, "The additional acreage will certainly enhance our property and will be encompassed as part of the Geophysical Program which we are currently in the final stages of planning, and in our 2010 Drilling program."
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 the largest landholder in the Tombstone Mining District.
For more information on Tombstone Exploration Corporation, please visit http://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. Brown
President
alanmbrown@cox.net
480-305-4507
Investor Relations:
The Eversull Group, Inc.
Jack Eversull
972-571-1624
jack@theeversullgroup.com
Visit the TMBXF showcase profile at Investorideas.com
http://www.investorideas.com/CO/TMBX/
Request News and Info on TMBXF
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Gold Stocks; Gold Bullion (TSX-V: GBB) adds second drill rig at Granada Gold property
Gold Stocks; Gold Bullion (TSX-V: GBB) adds second drill rig at Granada Gold property
SURREY, BC - June 1, 2010 (Investorideas.com Mining stocks Newswire) - Mr. Frank J. Basa reports:
Gold Bullion Development Corp. (TSX.V:GBB) (the "Company" or "Gold Bullion") is pleased to report that a second drill rig has arrived at the Company's 100% owned Granada Gold Property, five kilometers south of Rouyn-Noranda, Quebec. Granada is situated along the prolific "Cadillac Trend" which features numerous multi-million ounce gold deposits.
The second rig, provided by Landdrill International Inc., is scheduled to commence in-fill definition drilling within the LONG Bars Zone Preliminary Block Model by tomorrow.
Landdrill's first rig has completed 11 holes (2400 metres) of a planned 20,000 metre Phase 2 program and is now headed outside the Preliminary Block Model to the LONG Bars Zone northeast discovery area near Phase 1 GR-10-17, the easternmost hole drilled to date by Gold Bullion. Drilling will progress east of GR-10-17 as GENIVAR, the Company's geological consultant, tests a number of auriferous structures contained within a wide, east-west trending zone of shearing, alteration and quartz veining.
Six of the first 11 holes were drilled into the north-dipping Preliminary Block Model structure from just north of the waste pile. The other five holes were drilled north of Pit No.2 East, three of them near GR-09-04 and two of them between GR-09-09 and GR-10-16. Assay results will be released as soon as they are available.
Mineralization is open in all directions at the nearly 5,000 hectare Granada Gold Property.
About Gold Bullion Development Corp.
Gold Bullion Development Corp. is a TSX Venture listed junior natural resource company focusing on the exploration and development of its Granada Gold Property near Rouyn-Noranda, Quebec, and its high grade Castle Silver Mine in Gowganda, Ontario.
For more information on Gold Bullion Development Corp. (TSX VENTURE:GBB; PINK SHEETS:GBBFF), visit our web site: http://www.goldbulliondevelopmentcorp.com/.
Qualified Person
The scientific and technical information in this release was prepared under the supervision of Mr. Frank J. Basa, P.Eng., Gold Bullion's CEO and President, who is a member of the Ontario Association of Professional Engineers and a "qualified" person in accordance with National Instrument 43-101.
Frank J. Basa, P.Eng., President and Chief Executive Officer
This news release may contain forward- looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contact:
Frank J. Basa, P.Eng.
Gold Bullion Development Corp.
President and CEO
1-416-625-2342
Roger Thomas
Gold Bullion Development Corp.
Director
1-613-292-2438
http://www.goldbulliondevelopmentcorp.com/
Visit the GBB showcase profile at Investorideas.com
http://www.investorideas.com/CO/GBB/
Request News and Info on GBB
Disclosure: GBB is a paid advertising client on Investorideas.com and our mining portals
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News Published at Investorideas.com and http://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.
SURREY, BC - June 1, 2010 (Investorideas.com Mining stocks Newswire) - Mr. Frank J. Basa reports:
Gold Bullion Development Corp. (TSX.V:GBB) (the "Company" or "Gold Bullion") is pleased to report that a second drill rig has arrived at the Company's 100% owned Granada Gold Property, five kilometers south of Rouyn-Noranda, Quebec. Granada is situated along the prolific "Cadillac Trend" which features numerous multi-million ounce gold deposits.
The second rig, provided by Landdrill International Inc., is scheduled to commence in-fill definition drilling within the LONG Bars Zone Preliminary Block Model by tomorrow.
Landdrill's first rig has completed 11 holes (2400 metres) of a planned 20,000 metre Phase 2 program and is now headed outside the Preliminary Block Model to the LONG Bars Zone northeast discovery area near Phase 1 GR-10-17, the easternmost hole drilled to date by Gold Bullion. Drilling will progress east of GR-10-17 as GENIVAR, the Company's geological consultant, tests a number of auriferous structures contained within a wide, east-west trending zone of shearing, alteration and quartz veining.
Six of the first 11 holes were drilled into the north-dipping Preliminary Block Model structure from just north of the waste pile. The other five holes were drilled north of Pit No.2 East, three of them near GR-09-04 and two of them between GR-09-09 and GR-10-16. Assay results will be released as soon as they are available.
Mineralization is open in all directions at the nearly 5,000 hectare Granada Gold Property.
About Gold Bullion Development Corp.
Gold Bullion Development Corp. is a TSX Venture listed junior natural resource company focusing on the exploration and development of its Granada Gold Property near Rouyn-Noranda, Quebec, and its high grade Castle Silver Mine in Gowganda, Ontario.
For more information on Gold Bullion Development Corp. (TSX VENTURE:GBB; PINK SHEETS:GBBFF), visit our web site: http://www.goldbulliondevelopmentcorp.com/.
Qualified Person
The scientific and technical information in this release was prepared under the supervision of Mr. Frank J. Basa, P.Eng., Gold Bullion's CEO and President, who is a member of the Ontario Association of Professional Engineers and a "qualified" person in accordance with National Instrument 43-101.
Frank J. Basa, P.Eng., President and Chief Executive Officer
This news release may contain forward- looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contact:
Frank J. Basa, P.Eng.
Gold Bullion Development Corp.
President and CEO
1-416-625-2342
Roger Thomas
Gold Bullion Development Corp.
Director
1-613-292-2438
http://www.goldbulliondevelopmentcorp.com/
Visit the GBB showcase profile at Investorideas.com
http://www.investorideas.com/CO/GBB/
Request News and Info on GBB
Disclosure: GBB is a paid advertising client on Investorideas.com and our mining portals
Disclosure .http://www.investorideas.com/About/Disclaimer.asp
News Published at Investorideas.com and http://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.
Monday, May 31, 2010
Rodinia Minerals Inc. (TSX-V: RM) (OTCQX: RDNAF) Names New Chief Executive Officer to Lead the Next Phase of Corporate Growth
Rodinia Minerals Inc. (TSX-V: RM) (OTCQX: RDNAF) Names New Chief Executive Officer to Lead the Next Phase of Corporate Growth
TORONTO, ONTARIO - May 31, 2010 (Investorideas.com Mining stocks Newswire) - Rodinia Minerals Inc. ("Rodinia" or the "Company") (TSX VENTURE:RM; OTCQX:RDNAF), today announced that Mr. David Stein is resigning as the Company's President and Chief Executive Officer, effective the close of business today. Mr. Stein will continue to serve as an advisor to the CEO and as a director on Rodinia's Board of Directors ("Board"). The Board has appointed William Randall, Rodinia's Vice President, Exploration as President and Chief Executive Officer.
David Stein is resigning as President and CEO of Rodinia to focus on other business endeavours, including his role as President and COO of Aberdeen International (TSX:AAB). "With strong management in place and an outstanding pipeline of lithium development projects progressing well, it is the right time for me to pass the torch as CEO," said Mr. Stein. "In the brief time I have been involved with Rodinia we have completely restructured the management of the Company and significantly improved the asset base, particularly with the acquisition of our high-profile lithium development projects in Argentina. I am pleased that the Board's succession plan has produced a smooth, seamless leadership transition and that it has selected Will Randall to succeed me. Will has been a close colleague and business partner since I joined Rodinia, and in that time he has emerged as one of the top professionals in the lithium exploration industry. Rodinia's employees and shareholders will benefit from his leadership and judgment as the Company's growth plan switches from asset acquisitions to aggressive exploration and development."
"David provided stability and leadership while presiding over Rodinia's smooth transition into a lithium exploration focused company. He was instrumental in analyzing and structuring the asset acquisitions that now position Rodinia as one of the world's premier junior lithium-brine exploration companies - that will be his legacy," said Farhad Abasov, Rodinia's Executive Chairman. "We are grateful that David will remain as a director and active participant in this transition. The Board also congratulates Will Randall on his well-earned appointment as President and CEO."
Mr. Randall is a Professional Geologist who has worked in various capacities in the natural resource sectors, primarily focused on mineral exploration, development and production. He had previous lithium-brine experience before joining Liberty Mines and Canadian Royalties immediately before joining Rodinia. He also played a key role in the Company's acquisition of prospective lithium-brine assets in Argentina. Having been raised in Argentina, Mr. Randall has a strong understanding of the political and operating environment in the country and has amassed an extensive network of associates both in North and South America.
"Rodinia has assembled an outstanding portfolio of lithium-brine assets in geopolitically stable jurisdictions that all have the potential to become economic producers," said William Randall. "Advancing these unique projects, while strengthening our brand and liquidity during these challenging market times, will be my highest priorities as CEO. I am excited to lead the next phase of growth at Rodinia and to unlock significant shareholder value. I have absolute confidence in the strength of our people and assets."
About Rodinia Minerals Inc.:
Rodinia Minerals Inc. is a Canadian mineral exploration company with a primary focus on lithium exploration and development in North and South America. The Company is positioned to capitalize on the expected increase in demand for lithium carbonate that is projected to result from the anticipated paradigm shift to mass adoption and use of key lithium applications like lithium-ion batteries as well as glass ceramics, greases, pharmaceuticals etc.
Rodinia is currently exploring its Clayton Valley project in Nevada, USA, which surrounds the only lithium-brine producer in North America, and its Diablillos project in Salta, Argentina.
Please visit the Company's web site at www.rodiniaminerals.com or write us at info@rodiniaminerals.com. Follow us on Twitter: http://twitter.com/RodiniaLithium.
Cautionary Notes
Except for statements of historical fact contained herein, the information in this press release constitutes "forward-looking information" within the meaning of Canadian securities law. Such forward-looking information may be identified by words such as "plans", "proposes", "estimates", "intends", "expects", "believes", "may", "will" and include without limitation, statements regarding the impact of the drill program at the Diablillos property and results of such drill program; the potential of the Company's projects; the potential results and timetable for further exploration with respect to the Clayton Valley project and the Diablillos property, the timetable with respect to future acquisitions and exploration developments at Clayton Valley and Diablillos, timetable for further exploration, analysis and development, title disputes or claims; and governmental approvals and regulation. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from such statements. Factors that could cause actual results to differ materially include, among others, metal prices, competition, financing risks, acquisition risks, risks inherent in the mining industry, and regulatory risks. Most of these factors are outside the control of the Company. Investors are cautioned not to put undue reliance on forward-looking information. Except as otherwise required by applicable securities statutes or regulation, the Company expressly disclaims any intent or obligation to update publicly forward-looking information, whether as a result of new information, future events or otherwise.
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 RELEASE.
Contacts
Aaron Wolfe
Rodinia Minerals Inc.
Vice President, Corporate Development
+1 (416) 309-2696
http://www.rodiniaminerals.com/
Disclosure: RM is a paid advertising client on Investorideas.com and our mining portals.
Visit the RM showcase profile at Investorideas.comRequest News and Info on RM
http://www.investorideas.com/CO/RM/
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.
Disclaimer - http://www.investorideas.com/About/Disclaimer.asp
TORONTO, ONTARIO - May 31, 2010 (Investorideas.com Mining stocks Newswire) - Rodinia Minerals Inc. ("Rodinia" or the "Company") (TSX VENTURE:RM; OTCQX:RDNAF), today announced that Mr. David Stein is resigning as the Company's President and Chief Executive Officer, effective the close of business today. Mr. Stein will continue to serve as an advisor to the CEO and as a director on Rodinia's Board of Directors ("Board"). The Board has appointed William Randall, Rodinia's Vice President, Exploration as President and Chief Executive Officer.
David Stein is resigning as President and CEO of Rodinia to focus on other business endeavours, including his role as President and COO of Aberdeen International (TSX:AAB). "With strong management in place and an outstanding pipeline of lithium development projects progressing well, it is the right time for me to pass the torch as CEO," said Mr. Stein. "In the brief time I have been involved with Rodinia we have completely restructured the management of the Company and significantly improved the asset base, particularly with the acquisition of our high-profile lithium development projects in Argentina. I am pleased that the Board's succession plan has produced a smooth, seamless leadership transition and that it has selected Will Randall to succeed me. Will has been a close colleague and business partner since I joined Rodinia, and in that time he has emerged as one of the top professionals in the lithium exploration industry. Rodinia's employees and shareholders will benefit from his leadership and judgment as the Company's growth plan switches from asset acquisitions to aggressive exploration and development."
"David provided stability and leadership while presiding over Rodinia's smooth transition into a lithium exploration focused company. He was instrumental in analyzing and structuring the asset acquisitions that now position Rodinia as one of the world's premier junior lithium-brine exploration companies - that will be his legacy," said Farhad Abasov, Rodinia's Executive Chairman. "We are grateful that David will remain as a director and active participant in this transition. The Board also congratulates Will Randall on his well-earned appointment as President and CEO."
Mr. Randall is a Professional Geologist who has worked in various capacities in the natural resource sectors, primarily focused on mineral exploration, development and production. He had previous lithium-brine experience before joining Liberty Mines and Canadian Royalties immediately before joining Rodinia. He also played a key role in the Company's acquisition of prospective lithium-brine assets in Argentina. Having been raised in Argentina, Mr. Randall has a strong understanding of the political and operating environment in the country and has amassed an extensive network of associates both in North and South America.
"Rodinia has assembled an outstanding portfolio of lithium-brine assets in geopolitically stable jurisdictions that all have the potential to become economic producers," said William Randall. "Advancing these unique projects, while strengthening our brand and liquidity during these challenging market times, will be my highest priorities as CEO. I am excited to lead the next phase of growth at Rodinia and to unlock significant shareholder value. I have absolute confidence in the strength of our people and assets."
About Rodinia Minerals Inc.:
Rodinia Minerals Inc. is a Canadian mineral exploration company with a primary focus on lithium exploration and development in North and South America. The Company is positioned to capitalize on the expected increase in demand for lithium carbonate that is projected to result from the anticipated paradigm shift to mass adoption and use of key lithium applications like lithium-ion batteries as well as glass ceramics, greases, pharmaceuticals etc.
Rodinia is currently exploring its Clayton Valley project in Nevada, USA, which surrounds the only lithium-brine producer in North America, and its Diablillos project in Salta, Argentina.
Please visit the Company's web site at www.rodiniaminerals.com or write us at info@rodiniaminerals.com. Follow us on Twitter: http://twitter.com/RodiniaLithium.
Cautionary Notes
Except for statements of historical fact contained herein, the information in this press release constitutes "forward-looking information" within the meaning of Canadian securities law. Such forward-looking information may be identified by words such as "plans", "proposes", "estimates", "intends", "expects", "believes", "may", "will" and include without limitation, statements regarding the impact of the drill program at the Diablillos property and results of such drill program; the potential of the Company's projects; the potential results and timetable for further exploration with respect to the Clayton Valley project and the Diablillos property, the timetable with respect to future acquisitions and exploration developments at Clayton Valley and Diablillos, timetable for further exploration, analysis and development, title disputes or claims; and governmental approvals and regulation. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from such statements. Factors that could cause actual results to differ materially include, among others, metal prices, competition, financing risks, acquisition risks, risks inherent in the mining industry, and regulatory risks. Most of these factors are outside the control of the Company. Investors are cautioned not to put undue reliance on forward-looking information. Except as otherwise required by applicable securities statutes or regulation, the Company expressly disclaims any intent or obligation to update publicly forward-looking information, whether as a result of new information, future events or otherwise.
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 RELEASE.
Contacts
Aaron Wolfe
Rodinia Minerals Inc.
Vice President, Corporate Development
+1 (416) 309-2696
http://www.rodiniaminerals.com/
Disclosure: RM is a paid advertising client on Investorideas.com and our mining portals.
Visit the RM showcase profile at Investorideas.comRequest News and Info on RM
http://www.investorideas.com/CO/RM/
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.
Disclaimer - http://www.investorideas.com/About/Disclaimer.asp
Mining Stocks; CRCC-Tongguan Investment (Canada) Co., Ltd. Acquires Approximately 96.9% of Corriente Resources Inc.(TSX:CTQ)(AMEX:ETQ)
Mining Stocks; CRCC-Tongguan Investment (Canada) Co., Ltd. Acquires Approximately 96.9% of Corriente Resources Inc.(TSX:CTQ)(AMEX:ETQ)
VANCOUVER, BRITISH COLUMBIA-- - 05/31/10 ( Investorideas.com mining stocks newswire ) - CRCC-Tongguan Investment (Canada) Co., Ltd., (the "Offeror") and Corriente Resources Inc.("Corriente") (TSX:CTQ)(AMEX:ETQ) jointly announce that all of the terms and conditions to the Offeror's offer to purchase (the "Offer") all of the issued and outstanding common shares of Corriente at a price of Cdn.$8.60 in cash per common share have been satisfied prior to the expiry of the Offer at 5:00 p.m. (Vancouver time) on May 28, 2010. 76,478,495 common shares of Corriente have been validly deposited under the Offer and the Offeror has taken up and accepted for payment all of these common shares, which represent approximately 96.9% of the common shares of Corriente on a fully-diluted basis.
The Offeror is a wholly-owned direct subsidiary of CRCC-Tongguan Investment Co., Ltd. which is in turn a jointly-owned direct subsidiary of Tongling Nonferrous Metals Group Holdings Co., Ltd. and China Railway Construction Corporation Limited.
THIS NEWS RELEASE IS FOR INFORMATIONAL PURPOSES ONLY AND IS NOT AN OFFER TO BUY OR THE SOLICITATION OF AN OFFER TO SELL ANY SECURITIES.
Kenneth R Shannon, Chief Executive Officer
Corriente shareholders with questions or requests for a copy of the early warning report to be filed by the Offeror in connection herewith should contact:
Georgeson Shareholder Communications Canada, Inc.,
Information Agent for the Offer,
North American Toll Free Number: 1-866-374-0472
Banks and Brokers Collect Number: 1-212-806-6859
Email: gsproxygroup@gscorp.com
Contact:Georgeson Shareholder Communications Canada, Inc.
Information Agent for the Offer
North American Toll Free Number: 1-866-374-0472
Banks and Brokers Collect Number: 1-212-806-6859
gsproxygroup@gscorp.com
end ________________________________
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VANCOUVER, BRITISH COLUMBIA-- - 05/31/10 ( Investorideas.com mining stocks newswire ) - CRCC-Tongguan Investment (Canada) Co., Ltd., (the "Offeror") and Corriente Resources Inc.("Corriente") (TSX:CTQ)(AMEX:ETQ) jointly announce that all of the terms and conditions to the Offeror's offer to purchase (the "Offer") all of the issued and outstanding common shares of Corriente at a price of Cdn.$8.60 in cash per common share have been satisfied prior to the expiry of the Offer at 5:00 p.m. (Vancouver time) on May 28, 2010. 76,478,495 common shares of Corriente have been validly deposited under the Offer and the Offeror has taken up and accepted for payment all of these common shares, which represent approximately 96.9% of the common shares of Corriente on a fully-diluted basis.
The Offeror is a wholly-owned direct subsidiary of CRCC-Tongguan Investment Co., Ltd. which is in turn a jointly-owned direct subsidiary of Tongling Nonferrous Metals Group Holdings Co., Ltd. and China Railway Construction Corporation Limited.
THIS NEWS RELEASE IS FOR INFORMATIONAL PURPOSES ONLY AND IS NOT AN OFFER TO BUY OR THE SOLICITATION OF AN OFFER TO SELL ANY SECURITIES.
Kenneth R Shannon, Chief Executive Officer
Corriente shareholders with questions or requests for a copy of the early warning report to be filed by the Offeror in connection herewith should contact:
Georgeson Shareholder Communications Canada, Inc.,
Information Agent for the Offer,
North American Toll Free Number: 1-866-374-0472
Banks and Brokers Collect Number: 1-212-806-6859
Email: gsproxygroup@gscorp.com
Contact:Georgeson Shareholder Communications Canada, Inc.
Information Agent for the Offer
North American Toll Free Number: 1-866-374-0472
Banks and Brokers Collect Number: 1-212-806-6859
gsproxygroup@gscorp.com
end ________________________________
More mining stocks info from Investorideas.com and our Gold and Mining Stocks Blog
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and www.miningsectorstocks.com to get stock news, directories and showcase mining stocks to follow. Gold and mining investors can research stocks with the mining stocks directory, featuring Gold Stocks, Silver Stocks, Uranium Stocks, Copper Stocks, Zinc Stocks and Precious Metals TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading Stock Exchanges. The investorideas.com mining stock directory lists over 1000publicly traded mining stocks for investors. Preview the directory here : http://www.investorideas.com/Gold_Stocks/Stocks_List.asp
Mining Stocks; Greystar Resources (TSX: GSL.TO)(AIM: GSL) Receives Positive Decision on Appeal to Reinstate Environmental Impact Assessment at Angostura Project, Colombia
Mining Stocks; Greystar Resources (TSX: GSL.TO)(AIM: GSL) Receives Positive Decision on Appeal to Reinstate Environmental Impact Assessment at Angostura Project, Colombia
VANCOUVER, BRITISH COLUMBIA--- May 31, 2010 - ( Investorideas.com mining stocks newswire) Greystar Resources Ltd. (TSX: GSL.TO)(AIM: GSL) is pleased to announce that further to its news releases dated April 29 and May 21, 2010 the Company has received a positive decision in regard to the Company's appeal with the Ministry of the Environment, Housing and Territorial Development (MAVDT) to reinstate its December 22, 2009 Environmental Impact Assessment (EIA).
On May 28, 2010, the Company received a decision from MAVDT that reverses its April 20 letter and reinstates the December 22, 2009 EIA as filed. MAVDT will move forward with a review of the EIA.
Steve Kesler, President & CEO commented, "We are very pleased with the Ministry's decision to reinstate our EIA as filed. We are committed to the highest standards of environmental stewardship in the development of the Angostura project. We believe that Angostura can be developed in a sustainable fashion that respects the integrity of the environment while delivering economic benefits to all stakeholders. We will continue to work closely with the Colombian Government and MAVDT to resolve all concerns related to the development of Angostura."
Greystar is in the midst of completing a Definitive Feasibility Study (DFS) on the Angostura project that is expected to be published in the second half of 2010. In addition, the Company has begun the process of securing US$650 million in project finance from international sources. The Company continues to carry out exploration at the project with a total of six drill rigs focused on three targets; Angostura high grade, Mongora and La Plata.
About Greystar Resources Ltd.
Greystar Resources Ltd. is a precious metals exploration and development company that is currently completing a feasibility study on its wholly owned, multi-million ounce Angostura gold-silver deposit in northeastern Colombia. A positive prefeasibility study announced on March 25, 2009 envisions average annual production at Angostura of 511,000 ounces of gold and 2.3 million ounces of silver over a 15 year mine life.
Forward-Looking Statements
Certain statements in this news release are "forward-looking" within the meaning of Canadian securities legislation. They include statements regarding estimates of capital and operating expenditures for the Angostura Project, the estimated completion date for a definitive feasibility study and the estimated average annual production from the Angostura Project. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social uncertainties and other contingencies. Many factors could cause the Company's actual results to differ materially from those expressed or implied in the forward-looking statements. These factors include, among others, conclusions or realization of mineral resources, the actual results of exploration activities, possible variations in ore grade or recovery rates, fluctuations in the price of gold and silver, risks relating to additional funding requirements, political and foreign risks, production and operating risks, environmental regulation and liability, government regulation as well as other risk factors set out under the heading "Risk Factors" in the Company's Annual Information Form dated March 26, 2010 which is available on SEDAR at www.sedar.com. Investors are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty therein.
Neither the Toronto Stock Exchange nor the AIM Market of the London Stock Exchange has reviewed and neither accepts responsibility for the adequacy or accuracy of this news release.
Contacts
Geoff Chater
Greystar Resources Ltd.
Vice President
(604) 614-7830
info@greystarresources.com http://www.greystarresources.com/
end _______________________________________________
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VANCOUVER, BRITISH COLUMBIA--- May 31, 2010 - ( Investorideas.com mining stocks newswire) Greystar Resources Ltd. (TSX: GSL.TO)(AIM: GSL) is pleased to announce that further to its news releases dated April 29 and May 21, 2010 the Company has received a positive decision in regard to the Company's appeal with the Ministry of the Environment, Housing and Territorial Development (MAVDT) to reinstate its December 22, 2009 Environmental Impact Assessment (EIA).
On May 28, 2010, the Company received a decision from MAVDT that reverses its April 20 letter and reinstates the December 22, 2009 EIA as filed. MAVDT will move forward with a review of the EIA.
Steve Kesler, President & CEO commented, "We are very pleased with the Ministry's decision to reinstate our EIA as filed. We are committed to the highest standards of environmental stewardship in the development of the Angostura project. We believe that Angostura can be developed in a sustainable fashion that respects the integrity of the environment while delivering economic benefits to all stakeholders. We will continue to work closely with the Colombian Government and MAVDT to resolve all concerns related to the development of Angostura."
Greystar is in the midst of completing a Definitive Feasibility Study (DFS) on the Angostura project that is expected to be published in the second half of 2010. In addition, the Company has begun the process of securing US$650 million in project finance from international sources. The Company continues to carry out exploration at the project with a total of six drill rigs focused on three targets; Angostura high grade, Mongora and La Plata.
About Greystar Resources Ltd.
Greystar Resources Ltd. is a precious metals exploration and development company that is currently completing a feasibility study on its wholly owned, multi-million ounce Angostura gold-silver deposit in northeastern Colombia. A positive prefeasibility study announced on March 25, 2009 envisions average annual production at Angostura of 511,000 ounces of gold and 2.3 million ounces of silver over a 15 year mine life.
Forward-Looking Statements
Certain statements in this news release are "forward-looking" within the meaning of Canadian securities legislation. They include statements regarding estimates of capital and operating expenditures for the Angostura Project, the estimated completion date for a definitive feasibility study and the estimated average annual production from the Angostura Project. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social uncertainties and other contingencies. Many factors could cause the Company's actual results to differ materially from those expressed or implied in the forward-looking statements. These factors include, among others, conclusions or realization of mineral resources, the actual results of exploration activities, possible variations in ore grade or recovery rates, fluctuations in the price of gold and silver, risks relating to additional funding requirements, political and foreign risks, production and operating risks, environmental regulation and liability, government regulation as well as other risk factors set out under the heading "Risk Factors" in the Company's Annual Information Form dated March 26, 2010 which is available on SEDAR at www.sedar.com. Investors are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty therein.
Neither the Toronto Stock Exchange nor the AIM Market of the London Stock Exchange has reviewed and neither accepts responsibility for the adequacy or accuracy of this news release.
Contacts
Geoff Chater
Greystar Resources Ltd.
Vice President
(604) 614-7830
info@greystarresources.com http://www.greystarresources.com/
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