POINT ROBERTS, Wash., January 6 , 2011 - www.InvestorIdeas.com, a global investor research portal, specializing in sector research including mining and gold stocks , updates one of the most comprehensive mining stock directories for independent investors.
The January issue of the mining stocks directory now features over 1300 publicly traded mining stocks on the TSX, OTCBB, NASDAQ, NYSE, ASX and AIM stock Exchanges. Leading Gold and Mining Industry Stocks including: Silver Stocks, Lithium Stocks, Uranium Stocks, Copper Stocks, Zinc Stocks and Precious Metals. Learn More at the directory preview page: http://www.investorideas.com/Gold_Stocks/Stocks_List.asp
The mining stock directory is available separately in a PDF of part of the Investorideas.com Members currently have 24/7 online access to the exclusive subscriber-only eleven stock directories in leading sectors including renewable energy, water, mining, defense, biotech, nanotech and energy stocks.
Visit the Investor Ideas membership page to learn more at: http://www.investorideas.com/membership/
Current list of stock directories at Investorideas.com for investors:
Renewable Energy Stocks Directory - Global Green and Renewable Energy Stocks Directory in PDF format includes over 1200 stocks on the TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading global Stock Exchanges . The directory features hyperlinks to stocks symbol(s), company’s URL and company’s description. The directory includes info and links on Alternative Energy Funds, Biogas and Ethanol Stocks, Energy Efficiency Stocks, Flywheel Stocks, Fuel Cell Stocks, Geothermal Stocks, Hydrogen Production, Micro Turbine Stocks, Solar Stocks, Smart Grid Stocks, Green Transportation, Wind Power and Wind Energy Stocks and Green Infrastructure Stocks. For investors following green stocks, this is the most comprehensive global stock directory online.
Mining and Gold Stocks Directory - Global Mining and Gold Stocks Directory in PDF format lists over 1100 publicly traded mining companies. Mining and metals investors can research gold and mining stocks with the mining stocks directory, featuring Gold Stocks, Silver Stocks, Uranium Stocks, Copper Stocks, Zinc Stocks and Precious Metals TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading Stock Exchanges. directory features hyperlinks to stocks symbol(s), company’s URL and company’s description.
Oil and Gas Stocks Directory - Global Oil and Gas Stocks Directory of Publicly traded oil and gas stocks listed on the TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading global Stock Exchanges. The comprehensive directory gives investors a full range and choice of micro cap to large cap stocks in the energy sector. The directory in PDF format, features hyperlinks to over 600 stocks symbol(s), company's URL and company's description.
Coal Stocks Directory - Global Directory of Publicly traded Coal stocks listed on the TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM, China and other leading global Stock Exchanges . The comprehensive directory gives investors a full range and choice of micro cap to large cap stocks in the coal sector, including clean coal and coking coal stocks. The directory in PDF format, features hyperlinks to coal stocks symbol(s), company's URL and company's description.
Defense Stocks Directory - Global Defense and Homeland Security Stocks Directory features publicly traded defense stocks listed on the TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading global Stock Exchanges. The directory, in PDF format, includes Homeland Security Stocks, Aerospace and Defense Stocks, Biodefense Stocks, Security Stocks, Energy Security Stocks and Infrastructure Stocks with hyperlinks to stocks symbol(s), company's URL and company's description. For defense stocks followers, this is one of the most comprehensive global stock directories available to investors.
Water Stocks Directory - Global Water Stocks Directory of publicly traded water stocks listed on the TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading global Stock Exchanges. The stock directory features water stocks ranging from desalination companies to bottled water stocks, to infrastructure, water treatment and technology as well as other sub sectors. The directory in PDF format, features hyperlinks to stocks symbol(s), company's URL and company's description. For investors following water stocks this is one of the most comprehensive directories in the sector available.
Environment Stocks Directory - Global Green Stocks Directory of Publicly traded Environmental Stocks listed on the TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading global Stock Exchanges. The directory in PDF format, features hyperlinks to stocks symbol(s), company's URL and company's description.
Fuel Cell Stocks Directory - Global Directory of Publicly traded Fuel Cell Stocks listed on the TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading global Stock Exchanges. The directory includes small cap, micro cap as well as large cap NYSE listed stocks for review. For green investors looking for opportunities in the fuel cell sector, the comprehensive global directory in PDF format provides a great research tool with hyperlinks to stocks symbol(s), company's URL and company's description.
Biotech Stocks Directory - Global Directory of Publicly Traded Biotech,Pharma and Life Sciences Stocks ,on the TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading global Stock Exchanges . The directory covers all sub sectors of biotech including nanotech, biodefense and stem cell stocks. The directory includes small cap, micro cap as well as large cap NYSE listed stocks for investors The comprehensive global directory in PDF format provides a great research tool for biotechnology investors with hyperlinks to stocks symbol(s), company's URL and company's description.
Natural Gas Stocks Directory - Global Directory of Publicly traded Natural Gas Stocks listed on the TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading global Stock Exchanges. The directory includes small cap, micro cap as well as large cap NYSE listed stocks for review. Natural gas stocks included range from LNG, Coal Bed Methane to exploration and producers in the sector. The directory in PDF format, features hyperlinks to stocks symbol(s), company's URL and company's description.
Nanotechnology Stocks Directory - Investorideas.com global stock directory of publicly traded nanotech stocks on the TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM, Hong Kong and China and other leading Stock Exchanges. Directory includes nanotech- biotech companies, nanotech water and renewable energy companies and more. Directory features company description, stock symbol and hyperlink to recent quote and info, link to website and more.
Visit the Investor Ideas membership page to learn more at: http://www.investorideas.com/membership/
Sign up for the free investor news letter and get stock alerts in leading sectors! http://www.investorideas.com/Resources/Newsletter.asp
About InvestorIdeas.com:
Investor Ideas is a global financial media online destination specialized in sector investing content. Investor Ideas (and portals within the hub) was one of the first online investing and business resources providing in-depth information, news and stock directories in renewable energy, homeland security and water sectors. InvestorIdeas.com features over twenty industry sectors and global markets including China, India, Middle East and Australia.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising . www.InvestorIdeas.com/About/Disclaimer.asp
For Additional Information and or interest in becoming a content /revenue partner:
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
Source - Investorideas.com
Thursday, January 06, 2011
Wednesday, January 05, 2011
Coal Stocks; Lucky Strike (TSX.V-LKY) Grants Stock Options
Vancouver, BC - January 5, 2011 (www.Investorideas.com Newswire) - Lucky Strike Resources Ltd. (TSX.V-LKY) (the Company) is pleased to announce, subject to regulatory approval, the award of 1,395,000 incentive stock options to directors, officers and consultants of the Company. The stock options are exercisable at $1.25 for a period of five years and are subject to a vesting period of 36 months.
About the Changyun Coal Project
Located within the Bijie coal fields, Guizhou Province, the Changyun coal mine covers an area of 2.0954 sq. km with valid mining permits for a 150,000 MTPY coal mining operation, which may be expanded to 300,000 - 500,000 MTPY. Local historical reports (non-compliant with NI 43-101) state that coal seams within the mine area are highly altered and would produce a low ash, low to medium sulphur (average 0.23%), and low-volatile (7-8% volatile matter) product, with high gross calorific value that ranges from 6400 to 7200 Kcal/kg. The thermal grade coal is suitable for power plant use. A ready market for production exists with the nearby power plants and other end users within Guizhou province.
In addition to the mine, Changyun has recently been provided with preferential rights to explore and develop a 20 sq. km of highly prospective exploration land surrounding the mine.
About Lucky Strike:
Lucky Strike Resources Ltd. is a Canada-based exploration stage company. The Company is engaged in the process of exploring and/or developing coal properties in Guizhou province in China. The Company also has property in Yreka, British Columbia, Canada. The Changyun coal project is a former past producing mine and is located some 25 km northeast of Bijie City in Guizhou province, approximately two hours north by air from Hong Kong. The permitted mine covers a total area of 2.0954 sq. km and is surrounded by approximately 20 sq. km of highly prospective exploration area, where available geological data supports the potential presence of significant coal resources of high quality Anthracite coal within the area. The local area has well established infrastructure for the Changyun project to resume production and coal buyers to pick up coal FOB at the mine site.
On behalf of Management
Lucky Strike Resources Ltd.
Cathy Fong
Cathy Fong, CEO, Chairman & Director
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the Toronto Venture Exchange, the British Columbia Securities Commission and the US Securities and Exchange C! ommission.
Twitter: www.twitter.com/luckystrike
Facebook: www.facebook.com/luckystrikepr
About the Changyun Coal Project
Located within the Bijie coal fields, Guizhou Province, the Changyun coal mine covers an area of 2.0954 sq. km with valid mining permits for a 150,000 MTPY coal mining operation, which may be expanded to 300,000 - 500,000 MTPY. Local historical reports (non-compliant with NI 43-101) state that coal seams within the mine area are highly altered and would produce a low ash, low to medium sulphur (average 0.23%), and low-volatile (7-8% volatile matter) product, with high gross calorific value that ranges from 6400 to 7200 Kcal/kg. The thermal grade coal is suitable for power plant use. A ready market for production exists with the nearby power plants and other end users within Guizhou province.
In addition to the mine, Changyun has recently been provided with preferential rights to explore and develop a 20 sq. km of highly prospective exploration land surrounding the mine.
About Lucky Strike:
Lucky Strike Resources Ltd. is a Canada-based exploration stage company. The Company is engaged in the process of exploring and/or developing coal properties in Guizhou province in China. The Company also has property in Yreka, British Columbia, Canada. The Changyun coal project is a former past producing mine and is located some 25 km northeast of Bijie City in Guizhou province, approximately two hours north by air from Hong Kong. The permitted mine covers a total area of 2.0954 sq. km and is surrounded by approximately 20 sq. km of highly prospective exploration area, where available geological data supports the potential presence of significant coal resources of high quality Anthracite coal within the area. The local area has well established infrastructure for the Changyun project to resume production and coal buyers to pick up coal FOB at the mine site.
On behalf of Management
Lucky Strike Resources Ltd.
Cathy Fong
Cathy Fong, CEO, Chairman & Director
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the Toronto Venture Exchange, the British Columbia Securities Commission and the US Securities and Exchange C! ommission.
Twitter: www.twitter.com/luckystrike
Facebook: www.facebook.com/luckystrikepr
Monday, January 03, 2011
Coal Stocks; Lucky Strike (TSX.V-LKY) Receives Conditional Approval On 2,400,000 Non-brokered Private Placement
VANCOUVER, BRITISH COLUMBIA - January 3, 2010 (www.Investorideas.com Newswire) - Lucky Strike Resources Ltd. (the Company) (TSX.V-LKY), received conditional approval with respect to the non-brokered private placement of $2.4 million previously announced on December 7, 2010.
The conditional approval is subject to the Company receiving final approval regarding its proposed acquisition of the Changyun coal project. The private placement may not close and no funds may be used by the Company until such time as final approval is received.
Private Placement and finder�s fees are still subject to the approval of regulatory authorities.
About the Changyun Coal Project
Located within the Bijie coal fields, Guizhou Province, the Changyun coal mine covers an area of 2.0954 sq. km with valid mining permits for a 150,000 MTPY coal mining operation, which may be expanded to 300,000 - 500,000 MTPY. Local historical reports (non-compliant with NI 43-101) state that coal seams within the mine area are highly altered and would produce a low ash, low to medium sulphur (average 0.23%), and low-volatile (7-8% volatile matter) product, with high gross calorific value that ranges from 6400 to 7200 Kcal/kg. The thermal grade coal is suitable for power plant use. A ready market for production exists with the nearby power plants and other end users within Guizhou province.
In addition to the mine, Changyun has recently been provided with preferential rights to explore and develop a 20 sq. km of highly prospective exploration land surrounding the mine.
About Lucky Strike:
Lucky Strike Resources Ltd. is a Canada-based exploration stage company. The Company is engaged in the process of exploring and/or developing coal properties in Guizhou province in China. The Company also has property in Yreka, British Columbia, Canada. The Changyun coal project is a former past producing mine and is located some 25 km northeast of Bijie City in Guizhou province, approximately two hours north by air from Hong Kong. The permitted mine covers a total area of 2.0954 sq. km and is surrounded by approximately 20 sq. km of highly prospective exploration area, where available geological data supports the potential presence of significant coal resources of high quality Anthracite coal within the area. The local area has well established infrastructure for the Changyun project to resume production and coal buyers to pick up coal FOB at the mine site.
On behalf of Management
Lucky Strike Resources Ltd.
Patricia Wilson
Corporate Secretary & Director
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the Toronto Venture Exchange, the British Columbia Securities Commission and the US Securities and Exchange C! ommission.
The conditional approval is subject to the Company receiving final approval regarding its proposed acquisition of the Changyun coal project. The private placement may not close and no funds may be used by the Company until such time as final approval is received.
Private Placement and finder�s fees are still subject to the approval of regulatory authorities.
About the Changyun Coal Project
Located within the Bijie coal fields, Guizhou Province, the Changyun coal mine covers an area of 2.0954 sq. km with valid mining permits for a 150,000 MTPY coal mining operation, which may be expanded to 300,000 - 500,000 MTPY. Local historical reports (non-compliant with NI 43-101) state that coal seams within the mine area are highly altered and would produce a low ash, low to medium sulphur (average 0.23%), and low-volatile (7-8% volatile matter) product, with high gross calorific value that ranges from 6400 to 7200 Kcal/kg. The thermal grade coal is suitable for power plant use. A ready market for production exists with the nearby power plants and other end users within Guizhou province.
In addition to the mine, Changyun has recently been provided with preferential rights to explore and develop a 20 sq. km of highly prospective exploration land surrounding the mine.
About Lucky Strike:
Lucky Strike Resources Ltd. is a Canada-based exploration stage company. The Company is engaged in the process of exploring and/or developing coal properties in Guizhou province in China. The Company also has property in Yreka, British Columbia, Canada. The Changyun coal project is a former past producing mine and is located some 25 km northeast of Bijie City in Guizhou province, approximately two hours north by air from Hong Kong. The permitted mine covers a total area of 2.0954 sq. km and is surrounded by approximately 20 sq. km of highly prospective exploration area, where available geological data supports the potential presence of significant coal resources of high quality Anthracite coal within the area. The local area has well established infrastructure for the Changyun project to resume production and coal buyers to pick up coal FOB at the mine site.
On behalf of Management
Lucky Strike Resources Ltd.
Patricia Wilson
Corporate Secretary & Director
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the Toronto Venture Exchange, the British Columbia Securities Commission and the US Securities and Exchange C! ommission.
Friday, December 31, 2010
Mining Stocks Trading Alert and Stock Chart for Soltera Mining Corp. (OTCPK: SLTA.) FRANKFURT: SN7
Point Roberts, WA, December 31, 2010 - www.InvestorIdeas.com and its leading mining investor portals, issue a technical trading alert and stock chart for showcase gold mining stock Soltera Mining Corp. (OTCPK:SLTA.) FRANKFURT: SN7). The stock closed at $ 0.20, up 0.05 (33.33%) on Thursday’s trading.
The stock has doubled in the last month, following November’s news announcing funding by Goldlake Italia S.p.A. (Goldlake Group) for the gold test work program at their El Torno Gold property in Jujuy, Argentina.
Investors can view the full company profile for Soltera Mining Corp. at http://www.investorideas.com/CO/SLTA/
Soltera Mining Corp. (OTC: SLTA.PK) is a gold exploration company concentrating on its large-scale El Torno Gold Project in the Province of Jujuy in north-west Argentina. Soltera is an unusual exploration company in the sense that it is following two distinct lines of action: the first is to explore potentially large vein and dispersed gold deposits that occur within the 78 km2 title area; while the second is to develop the easily exploited and substantial surficial gold deposits that have formed by weathering of the underlying gold-bearing bed rocks.
Portfolio Highlights:
Major gold exploration project at El Torno in Argentina with large-scale potential for both underground and open-pit mining.
Near-term small-scale gold production being developed from gold-bearing surficial deposits found in several parts of the area.
Visit the company website at http://www.solteramining.com/
Properties Page: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
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 a showcase companies (five hundred per month) 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
http://www.investorideas.com/About/News/Clientspecifics.asp
Contact Soltera Mining Corp.
Fabio Montanari
President/CEO
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
Disclosure: SLTA 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.
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.
Investors: Sign up for free newsletter, stock and sector news alerts at Investorideas.com. Or publish your own stock picks and share your investing and trading ideas with other investors. Publish your investor ideas today!
The stock has doubled in the last month, following November’s news announcing funding by Goldlake Italia S.p.A. (Goldlake Group) for the gold test work program at their El Torno Gold property in Jujuy, Argentina.
Investors can view the full company profile for Soltera Mining Corp. at http://www.investorideas.com/CO/SLTA/Soltera Mining Corp. (OTC: SLTA.PK) is a gold exploration company concentrating on its large-scale El Torno Gold Project in the Province of Jujuy in north-west Argentina. Soltera is an unusual exploration company in the sense that it is following two distinct lines of action: the first is to explore potentially large vein and dispersed gold deposits that occur within the 78 km2 title area; while the second is to develop the easily exploited and substantial surficial gold deposits that have formed by weathering of the underlying gold-bearing bed rocks.
Portfolio Highlights:
Major gold exploration project at El Torno in Argentina with large-scale potential for both underground and open-pit mining.
Near-term small-scale gold production being developed from gold-bearing surficial deposits found in several parts of the area.
Visit the company website at http://www.solteramining.com/
Properties Page: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
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 a showcase companies (five hundred per month) 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
http://www.investorideas.com/About/News/Clientspecifics.asp
Contact Soltera Mining Corp.
Fabio Montanari
President/CEO
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
Disclosure: SLTA 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.
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.
Investors: Sign up for free newsletter, stock and sector news alerts at Investorideas.com. Or publish your own stock picks and share your investing and trading ideas with other investors. Publish your investor ideas today!
Disclaimer: The views and opinions expressed in the research published are those of the individual companies and writers and not necessarily those of Investorideas.com®, or any of the industry sector portals . At the time of publication, writers may hold positions in the stocks or companies mentioned.
Investorideas.com® or any of the industry sector portals cannot assure accuracy of the research presented. Investors are encouraged to research and verify facts and under no circumstances is Investorideas.com® endorsing the content as a recommendation to buy or sell stock.
Thursday, December 23, 2010
GOLD BULLION DEVELOPMENT (TSX-V: GBB) YEAR-END MESSAGE FROM MR. FRANK J. BASA, GOLD BULLION DEVELOPMENT PRESIDENT AND CEO
Vancouver - December 23, 2010 (Investorideas.com Mining stocks Newswire) - On behalf of Gold Bullion Development Corp.'s Board of Directors, I would like to extend a heartfelt and sincere thank you to each and every one of our shareholders for their tremendous support of our Company over the last 12 months. This has been a phenomenal year for Gold Bullion as we have made great strides in advancing the Granada Gold Property as a potential open-pit deposit in one of the best places in the world to explore for gold and operate a mine - Quebec. Our market capitalization has increased more than 10-fold since the beginning of 2010 and we have raised in excess of $15 million this year to advance this exciting project. The future could not be brighter for Gold Bullion Development Corp.
I believe we have assembled a fabulous team at Gold Bullion and I would like to thank all of our employees and consultants for their hard work, dedication and professionalism. We do have the "right people" and I'm so grateful and thankful for each of them. Congratulations - each of you has helped make this the most successful year in our Company's history!
We're also very fortunate to be in the right area at the right time. The Cadillac Trend in the heart of the Abitibi Greenstone Belt is one of the world's most prolific gold producing regions. Canada's largest gold deposit, Canadian Malartic, is less than a one hour drive down the Golden Highway from Granada. Meanwhile, the greatest bull market in gold continues. This is very positive for our Company and all the companies who are exploring for gold and producing it along the Cadillac Trend and elsewhere.
Gold Bullion has completed nearly 40,000 metres of drilling this year in the LONG Bars Zone at Granada. We've also more than quadrupled the size of our overall land package in the emerging Granada mining camp from 2,300 hectares to 11,000+ hectares. Drill results and "visuals" have confirmed that the LONG Bars Zone is widening north to south, and we have approximately six kilometres of highly prospective ground to the east still to explore. Mineralization remains open in all directions.
Mines are made, not found. We've taken a fresh approach to a former high grade, underground producer with the goal of turning Granada into a very large open-pit deposit by outlining economic mineralization over a wide area. This will take time, perseverance and much more drilling than we've done to this point. At the moment we continue to "drill for structure". At the right time we'll adjust our drilling strategy and techniques in order to better quantify the grade of this deposit. GENIVAR, our geological consultant, is running a very effective and efficient drill program. We greatly appreciate their expertise and enthusiasm.
In addition to accomplishments with our drill program, we achieved success this year in other areas critical to the development of an open-pit gold mine. We initiated a Baseline Environmental Study in September. This is progressing well and we expect a final report by next spring. We also received very encouraging initial metallurgical results from Granada, showing high recovery rates in Phase 1 test work completed by Gekko Systems of Victoria, Australia.
As I look ahead to 2011, I see another year of opportunity and growth for our Company. I'm extremely optimistic that we will achieve new milestones in our development. Right now the strategy for Granada is very simple - drill, drill, drill. We have very determined crews on the ground and we will just keep on drilling around the clock in order to unlock Granada's true potential. We have another asset as well that investors shouldn't forget, and that's the Castle Silver Mine Property in Cobalt, Ontario. We continue to examine strategic options regarding this property with silver prices at 30-year highs.
On behalf of our Board, I thank each and every one of you again for the loyalty, patience and support you've shown through this dramatic year of growth for Gold Bullion. My wife Elaine and I extend our deepest wishes to shareholders and all the members of the Gold Bullion "team" for a Merry Christmas and a safe, happy and prosperous New Year.
Regards,
Frank J. Basa
President & CEO
Gold Bullion Development Corp.
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 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 the Castle Silver Mine Property in Gowganda, Ontario.
For more information on Gold Bullion Development Corp. (TSX-V: GBB, OTC PK: GBBFF), visit our web site: http://www.GoldBullionDevelopmentCorp.com.
Frank J. Basa"
Frank J. Basa, P.Eng.
President and Chief Executive Officer
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
I believe we have assembled a fabulous team at Gold Bullion and I would like to thank all of our employees and consultants for their hard work, dedication and professionalism. We do have the "right people" and I'm so grateful and thankful for each of them. Congratulations - each of you has helped make this the most successful year in our Company's history!
We're also very fortunate to be in the right area at the right time. The Cadillac Trend in the heart of the Abitibi Greenstone Belt is one of the world's most prolific gold producing regions. Canada's largest gold deposit, Canadian Malartic, is less than a one hour drive down the Golden Highway from Granada. Meanwhile, the greatest bull market in gold continues. This is very positive for our Company and all the companies who are exploring for gold and producing it along the Cadillac Trend and elsewhere.
Gold Bullion has completed nearly 40,000 metres of drilling this year in the LONG Bars Zone at Granada. We've also more than quadrupled the size of our overall land package in the emerging Granada mining camp from 2,300 hectares to 11,000+ hectares. Drill results and "visuals" have confirmed that the LONG Bars Zone is widening north to south, and we have approximately six kilometres of highly prospective ground to the east still to explore. Mineralization remains open in all directions.
Mines are made, not found. We've taken a fresh approach to a former high grade, underground producer with the goal of turning Granada into a very large open-pit deposit by outlining economic mineralization over a wide area. This will take time, perseverance and much more drilling than we've done to this point. At the moment we continue to "drill for structure". At the right time we'll adjust our drilling strategy and techniques in order to better quantify the grade of this deposit. GENIVAR, our geological consultant, is running a very effective and efficient drill program. We greatly appreciate their expertise and enthusiasm.
In addition to accomplishments with our drill program, we achieved success this year in other areas critical to the development of an open-pit gold mine. We initiated a Baseline Environmental Study in September. This is progressing well and we expect a final report by next spring. We also received very encouraging initial metallurgical results from Granada, showing high recovery rates in Phase 1 test work completed by Gekko Systems of Victoria, Australia.
As I look ahead to 2011, I see another year of opportunity and growth for our Company. I'm extremely optimistic that we will achieve new milestones in our development. Right now the strategy for Granada is very simple - drill, drill, drill. We have very determined crews on the ground and we will just keep on drilling around the clock in order to unlock Granada's true potential. We have another asset as well that investors shouldn't forget, and that's the Castle Silver Mine Property in Cobalt, Ontario. We continue to examine strategic options regarding this property with silver prices at 30-year highs.
On behalf of our Board, I thank each and every one of you again for the loyalty, patience and support you've shown through this dramatic year of growth for Gold Bullion. My wife Elaine and I extend our deepest wishes to shareholders and all the members of the Gold Bullion "team" for a Merry Christmas and a safe, happy and prosperous New Year.
Regards,
Frank J. Basa
President & CEO
Gold Bullion Development Corp.
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 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 the Castle Silver Mine Property in Gowganda, Ontario.
For more information on Gold Bullion Development Corp. (TSX-V: GBB, OTC PK: GBBFF), visit our web site: http://www.GoldBullionDevelopmentCorp.com.
Frank J. Basa"
Frank J. Basa, P.Eng.
President and Chief Executive Officer
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
Visit the GBB showcase profile at Investorideas.com
Request News and Info on GBB
Disclosure, Disclaimer/ GBB is a paid advertising client on Investorideas.com and our mining portals.
Request News and Info on GBB
Disclosure, Disclaimer/ GBB is a paid advertising client on Investorideas.com and our mining portals.
Wednesday, December 22, 2010
GOLD BULLION DEVELOPMENT (TSX-V: GBB) APPOINTS NEW TRANSFER AGENT
Vancouver - December 22, 2010 (Investorideas.com Mining stocks Newswire) - Gold Bullion Development Corp. (TSX-V: GBB) (the "Company" or "Gold Bullion") is pleased to announce that effective December 16, 2010 the Company has changed its transfer agent from CIBC Mellon Trust Company to Computershare.
With offices in Australia, England, Ireland, Scotland, Germany, South Africa and the United States, over the past five years Computershare has become a global market leader in transfer agency and share registration, employee equity plans, proxy solicitation and stakeholder communications. Computershare also specializes in corporate trust services, tax voucher solutions, bankruptcy administration and a range of other diversified financial and governance services.
As a growing company with an expanding shareholder base, Gold Bullion looks forward to the range of outstanding services that Computershare will be able to provide.
From this date forward, all inquiries and correspondence relating to shareholder records, transfer of shares, lost certificates, or change of address should be directed to Computershare via the following information:
Computershare
3rd Floor, 510 Burrard Street
Vancouver, British Columbia
Canada V6C 3B9
Relationship Manager, Client Services
Bernadette Villarica
Email: Bernadette.villarica@computershare.com
Telephone: 604 661 9488
Facsimile: 604 661 9401
Internet: www.computershare.com
About Gold Bullion Development Corp.
Gold Bullion Development Corp. is a TSX Venture listed junior natural resource company focusing on the exploration and development of 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 the Castle Silver Mine Property in Gowganda, Ontario.
For more information on Gold Bullion Development Corp. (TSX-V: GBB, OTC PK: GBBFF), visit our web site: http://www.GoldBullionDevelopmentCorp.com.
Frank J. Basa"
Frank J. Basa, P.Eng.
President and Chief Executive Officer
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
With offices in Australia, England, Ireland, Scotland, Germany, South Africa and the United States, over the past five years Computershare has become a global market leader in transfer agency and share registration, employee equity plans, proxy solicitation and stakeholder communications. Computershare also specializes in corporate trust services, tax voucher solutions, bankruptcy administration and a range of other diversified financial and governance services.
As a growing company with an expanding shareholder base, Gold Bullion looks forward to the range of outstanding services that Computershare will be able to provide.
From this date forward, all inquiries and correspondence relating to shareholder records, transfer of shares, lost certificates, or change of address should be directed to Computershare via the following information:
Computershare
3rd Floor, 510 Burrard Street
Vancouver, British Columbia
Canada V6C 3B9
Relationship Manager, Client Services
Bernadette Villarica
Email: Bernadette.villarica@computershare.com
Telephone: 604 661 9488
Facsimile: 604 661 9401
Internet: www.computershare.com
About Gold Bullion Development Corp.
Gold Bullion Development Corp. is a TSX Venture listed junior natural resource company focusing on the exploration and development of 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 the Castle Silver Mine Property in Gowganda, Ontario.
For more information on Gold Bullion Development Corp. (TSX-V: GBB, OTC PK: GBBFF), visit our web site: http://www.GoldBullionDevelopmentCorp.com.
Frank J. Basa"
Frank J. Basa, P.Eng.
President and Chief Executive Officer
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
Visit the GBB showcase profile at Investorideas.com
Request News and Info on GBB
Disclosure, Disclaimer/ GBB is a paid advertising client on Investorideas.com and our mining portals.
Request News and Info on GBB
Disclosure, Disclaimer/ GBB is a paid advertising client on Investorideas.com and our mining portals.
Tuesday, December 21, 2010
Mining Stocks; AMI Resources Inc. (TSX.V:AMU) - Second tranche of Private Placement closed
Vancouver, B.C. - December 21, 2010 (Investorideas.com Mining Stocks Newswire) - The Company (AMI Resources Inc. - TSX-V Symbol AMU) has closed the second tranche of its previously announced non-brokered private placement of Units of the corporation (refer to news release dated October 25, 2010 and November 24, 2010) for additional gross proceeds of $301,500 through the issuance of 2,010,000 Units at a price of $0.15 per Unit. Each Unit consists of one common share of the company and one-half share purchase warrant, with each warrant entitling the holder thereof to acquire one common share at an exercise price of $0.25 per share, at any time prior to December 10, 2011. If after April 10th, 2011 the common shares of the Issuer close at a price in excess of $0.50 for 10 consecutive days, then the expiry date of the warrants will be accelerated to the date that is 30 days after notice of the new expiry date is provided to the holders of the warrants.
The company has paid a 7% cash commission and granted 7% Finders Options. Each Finders Option is exercisable into Units of the company at the price of $0.15 per Unit, until December 10th, 2011. Each Unit consists of one common share and one-half warrant exercisable under the same terms and conditions as offered under the non-brokered private placement.
The Company closed the initial tranche for gross proceeds in the amount of $1,198,500 though the issuance of 7,990,000 Units on November 24th, 2010. Upon completion of the second tranche the Company has issued a total of 10,000,000 Units for gross proceeds of $1,500,000. All securities issued under the first tranche will be subject to resale restrictions until March 22, 2011 and securities issued under the second tranche of this non-brokered private placement will be subject to resale restrictions that expire on April 10th 2011.
The company intends to use the net proceeds to continue the exploration and development of its Sirba Gold Project in Niger and the North Ashanti Gold Project in Ghana. Newmont has recently completed a drilling program on the company's Anuoro license in Ghana and results will be released upon receipt from Newmont. The Anuoro License covers 126 sq km on the Ashanti Shear and is approximately 25 km to the northwest of Newmont's Akyem +8 million ounce gold deposit. Newmont has the option to earn up to a 75% interest in the Anuoro license by spending US$4 million in exploration expenditures and property payments.
Drilling has commenced on the priority targets at the Sirba Gold Project, which borders Semafo's Samira Hill Mine in Niger. The Company by spending $1.5 million over a three-year period is earning a 51% interest in the Sirba Gold Project from Golden Star Resources Ltd.
We seek safe harbour.
"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."
The company has paid a 7% cash commission and granted 7% Finders Options. Each Finders Option is exercisable into Units of the company at the price of $0.15 per Unit, until December 10th, 2011. Each Unit consists of one common share and one-half warrant exercisable under the same terms and conditions as offered under the non-brokered private placement.
The Company closed the initial tranche for gross proceeds in the amount of $1,198,500 though the issuance of 7,990,000 Units on November 24th, 2010. Upon completion of the second tranche the Company has issued a total of 10,000,000 Units for gross proceeds of $1,500,000. All securities issued under the first tranche will be subject to resale restrictions until March 22, 2011 and securities issued under the second tranche of this non-brokered private placement will be subject to resale restrictions that expire on April 10th 2011.
The company intends to use the net proceeds to continue the exploration and development of its Sirba Gold Project in Niger and the North Ashanti Gold Project in Ghana. Newmont has recently completed a drilling program on the company's Anuoro license in Ghana and results will be released upon receipt from Newmont. The Anuoro License covers 126 sq km on the Ashanti Shear and is approximately 25 km to the northwest of Newmont's Akyem +8 million ounce gold deposit. Newmont has the option to earn up to a 75% interest in the Anuoro license by spending US$4 million in exploration expenditures and property payments.
Drilling has commenced on the priority targets at the Sirba Gold Project, which borders Semafo's Samira Hill Mine in Niger. The Company by spending $1.5 million over a three-year period is earning a 51% interest in the Sirba Gold Project from Golden Star Resources Ltd.
We seek safe harbour.
"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."
Visit the AMU showcase profile at Investorideas.com
Request News and Info on AMU
Disclosure, Disclaimer/ AMU is a paid advertising client on Investorideas.com and our mining portals.
Request News and Info on AMU
Disclosure, Disclaimer/ AMU is a paid advertising client on Investorideas.com and our mining portals.
Wednesday, December 15, 2010
Mining Stocks; YALE (TSX-V: YLL) DRILLS 11.50 m OF 2.09 g/t GOLD AND 382.7 g/t SILVER AT GUADALUPE
December 15, 2010 (Investorideas.com Mining stocks Newswire) - Yale Resources Ltd. (TSX-V: YLL and Frankfurt: YAB) is pleased to report the discovery of a new gold/silver zone at the Guadalupe Property located in Zacatecas State, Mexico. Holes 6 and 7 of the recently completed drill program successfully intersected multiple targets. Drilling at Guadalupe was performed by Yale on behalf of its partner Silver American Mining who is currently funding all work on the property.
Drill hole 7 discovered a previously unknown mineralized multiphase breccia with a weighted average of 1.31 g/t gold and 254.1 g/t silver over 18.6 metres including 11.50 metres with a weighted average of 2.09 g/t gold and 382.7 g/t silver. The highest silver and gold grades were returned from separate intervals of 1.3m with 3.26 g/t gold and 1.2m grading 920.0 g/t silver. The new mineralized zone is located approximately 50 metres north of the Santa Rosa Vein and is open in all directions.
Photos of the breccia can be viewed on the Yale Resources website at http://www.yaleresources.com/s/Guadalupe_Photos.asp
Drill hole 6 was located approximately 200 metres east of hole 7 and intersected the Santa Rosa mine workings. A wide zone in the footwall below the workings returned 14.95 metres with a weighted average grade of 0.19 g/t gold and 63.8 g/t silver.
Seven holes were drilled at Guadalupe totaling a combined 2,502.05 metres. Results from holes 1 and 2 were previously released in a news release dated Nov. 16, 2010. Holes 3, 4 and 5, located in the north end of the property, targeted a series of veins with numerous workings. Assays from outcrop and dumps in the area returned several assays grading greater than 200 g/t silver but the holes did not intersect any significant values.
About the Guadalupe Property:
The Guadalupe property contains two historically significant mines - the Santa Rita and San Antonio mines - and is located in one of Mexico�s oldest mining districts, roughly 9 kilometres north of the Fresnillo (Proa�o) Mine, the world's richest underground silver mine, operated by Fresnillo plc. Roughly 11 kilometres to the southwest of the Guadalupe Property is the Juanicipio Joint Venture between MAG Silver Corp. and Fresnillo plc.
Historic records containing references to the Santa Rita and San Antonio mines suggest that both mines were important and reached their height of production between 1910 and 1920 but were last in production in the 1980s.
To earn a 90% interest Silver America is required to pay Yale US $ 900,000, spend US $ 2,000,000 on exploration expenditures and issue 1,000,000 shares to Yale over four years. Cash payments will be due every six months and will increase to a final payment of US $355,000. Should the earn-in be completed Yale will retain a 10% participating interest in the property as well as a 2% NSR, which can be bought out in entirety for US $ 2,000,000. Yale will act as the operator for the project. The next payment due to Yale is on Dec. 30, 2010.
About Yale Resources:
Yale Resources is an exploration and development company concentrating in northwestern Mexico that is building value through project generation. Yale has three of its seven properties optioned out to value added partners. These agreements combine for minimum commitments of approximately US $1,100,000 of exploration expenditures over the next 12 months. Yale continues to work on its non-optioned properties as well as reviewing new projects with a focus on gold.
"Ian Foreman"
Ian Foreman, P.Geo.
President
Drill hole 7 discovered a previously unknown mineralized multiphase breccia with a weighted average of 1.31 g/t gold and 254.1 g/t silver over 18.6 metres including 11.50 metres with a weighted average of 2.09 g/t gold and 382.7 g/t silver. The highest silver and gold grades were returned from separate intervals of 1.3m with 3.26 g/t gold and 1.2m grading 920.0 g/t silver. The new mineralized zone is located approximately 50 metres north of the Santa Rosa Vein and is open in all directions.
Photos of the breccia can be viewed on the Yale Resources website at http://www.yaleresources.com/s/Guadalupe_Photos.asp
Drill hole 6 was located approximately 200 metres east of hole 7 and intersected the Santa Rosa mine workings. A wide zone in the footwall below the workings returned 14.95 metres with a weighted average grade of 0.19 g/t gold and 63.8 g/t silver. Seven holes were drilled at Guadalupe totaling a combined 2,502.05 metres. Results from holes 1 and 2 were previously released in a news release dated Nov. 16, 2010. Holes 3, 4 and 5, located in the north end of the property, targeted a series of veins with numerous workings. Assays from outcrop and dumps in the area returned several assays grading greater than 200 g/t silver but the holes did not intersect any significant values.About the Guadalupe Property:
The Guadalupe property contains two historically significant mines - the Santa Rita and San Antonio mines - and is located in one of Mexico�s oldest mining districts, roughly 9 kilometres north of the Fresnillo (Proa�o) Mine, the world's richest underground silver mine, operated by Fresnillo plc. Roughly 11 kilometres to the southwest of the Guadalupe Property is the Juanicipio Joint Venture between MAG Silver Corp. and Fresnillo plc.
Historic records containing references to the Santa Rita and San Antonio mines suggest that both mines were important and reached their height of production between 1910 and 1920 but were last in production in the 1980s.
To earn a 90% interest Silver America is required to pay Yale US $ 900,000, spend US $ 2,000,000 on exploration expenditures and issue 1,000,000 shares to Yale over four years. Cash payments will be due every six months and will increase to a final payment of US $355,000. Should the earn-in be completed Yale will retain a 10% participating interest in the property as well as a 2% NSR, which can be bought out in entirety for US $ 2,000,000. Yale will act as the operator for the project. The next payment due to Yale is on Dec. 30, 2010.
About Yale Resources:
Yale Resources is an exploration and development company concentrating in northwestern Mexico that is building value through project generation. Yale has three of its seven properties optioned out to value added partners. These agreements combine for minimum commitments of approximately US $1,100,000 of exploration expenditures over the next 12 months. Yale continues to work on its non-optioned properties as well as reviewing new projects with a focus on gold.
Samples from the Guadalupe property were prepared and analyzed by Stewart Labs in their facilities in Mexico and Kamloops, respectively. Samples generally consisted of 1-3 kg of material. Gold and silver analyses were performed by 30 gram fire assay with an AA finish. Samples with greater than 1% copper, lead and/or zinc are re-analyzed using their ore grade analysis. Samples with greater than 100 g/t silver were re-assayed using gravimetric methods.
Ian Foreman, P.Geo., is Yale Resources� Qualified Person, as defined by National Instrument 43-101, for the Guadalupe property. The Guadalupe property is an early stage project with no reported resources that requires additional sampling and geological mapping to fully determine the project�s potential.
On behalf of the Board,Ian Foreman, P.Geo., is Yale Resources� Qualified Person, as defined by National Instrument 43-101, for the Guadalupe property. The Guadalupe property is an early stage project with no reported resources that requires additional sampling and geological mapping to fully determine the project�s potential.
"Ian Foreman"
Ian Foreman, P.Geo.
President
For additional information on Yale Resources please call the Company at 604-678-2531.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Statements in this press release, other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.
Visit the YLL showcase profile at Investorideas.com
Request News and Info on YLL
Disclosure, Disclaimer/ YLL is a paid advertising client on Investorideas.com and our mining portals.
Request News and Info on YLL
Disclosure, Disclaimer/ YLL is a paid advertising client on Investorideas.com and our mining portals.
Tuesday, December 14, 2010
With Gold prices approaching $1,400 an oz, Chazel Capital's Joint Venture with Rocmec Mining positions itself to be a lucrative private equity offering.
(Investorideas.com mining newswire) December 13, 2010 � Chazel Capital, Inc. is a privately held "Acquisition, Mining, and Exploitation Company" that acquires, develops and invests in quality precious metals mining operations throughout the free world. Rocmec Mining, Inc. a Canadian based public company that trades its shares on the Frankfurt Stock Exchange, TSX Ventures Exchange, and the OTC Pink Sheets under the Symbols D50, RMI, and RCCMF respectively, is the inventor and 100% exclusive owner of a new and revolutionary "Green" mining process known as "Thermal Fragmentation". A capital outlay of more than $8 million dollars was spent to validate Rocmec's "Thermal Fragmentation" patent. Not only is Rocmec's new mining process safer than traditional mining methods, it significantly reduces the negative environmental impacts typically associated with old school mining techniques and has been approved for use in the USA, Canada, Morocco, South Africa, Mexico, Russia, Australia, Tanzania, Peru (China and Brazil are pending).
With understanding of America's dwindling fiat currency and failing World currencies, Chazel Capital has decided to give the opportunity for a small percentage of savvy foresight investors to become wealthy by investing into an industry that historically has prospered in an inflationary environment. By using a Private Equity approach, Chazel Capital intends to finance the mandated property improvements, acquire necessary mining equipment, and double the current capacity of the onsite "CIP Milling Plant" at the "OFIR Mine site from 50 tons per day to 100 tons per day capability. Once these objectives have been met and Romec's Patented "Thermal Fragmentation" technology is in place, Chazel/Romec has projected that the "OFIR Mine" could conservatively produce 700-800 ounces of gold per month.
If you would like to receive more information in regards to Chazel Capital's Mining projects, please click on the following link below and enter the reference code for this press release along with your info in order to be contacted with the details of Chazel Capital's current business opportunities.
CLICK HERE: http://www.chazelcapital.com/invest.htm
Disclaimer: The following is a paid news release and not the opinion of Investorideas.com
With understanding of America's dwindling fiat currency and failing World currencies, Chazel Capital has decided to give the opportunity for a small percentage of savvy foresight investors to become wealthy by investing into an industry that historically has prospered in an inflationary environment. By using a Private Equity approach, Chazel Capital intends to finance the mandated property improvements, acquire necessary mining equipment, and double the current capacity of the onsite "CIP Milling Plant" at the "OFIR Mine site from 50 tons per day to 100 tons per day capability. Once these objectives have been met and Romec's Patented "Thermal Fragmentation" technology is in place, Chazel/Romec has projected that the "OFIR Mine" could conservatively produce 700-800 ounces of gold per month.
If you would like to receive more information in regards to Chazel Capital's Mining projects, please click on the following link below and enter the reference code for this press release along with your info in order to be contacted with the details of Chazel Capital's current business opportunities.
CLICK HERE: http://www.chazelcapital.com/invest.htm
Disclaimer: The following is a paid news release and not the opinion of Investorideas.com
Monday, December 13, 2010
Coal Stocks News; Cathy Fong Elected Chairman, CEO And Director To Lucky Strike (LKY - TSX Venture) To Strengthen The Team And To Focus On Project Acquisitions
Vancouver, British Columbia CANADA - December 13, 2010 (Investorideas.com Mining stocks newswire) - Lucky Strike Resources Ltd. (LKY - TSX Venture) is pleased to announce all matters placed before the shareholders in the annual and special meeting (AGM) were approved on December 10, 2010, in Vancouver, British Columbia, Canada.
At the AGM, Cathy Fong was elected Chairman, CEO and Director of Lucky Strike Resources Ltd. The number of Directors for the Company was set at six with nominees including Cathy Fong, Danny Hon and Michele Ashby being newly elected Directors while Dodge Li, Patricia Wilson and Andre Klumb as returning Directors to the Board for the ensuing year.
William Arthur Graham, who is the founder of the Company, did not stand for re-election as a Director. The Company wishes to thank him for his contributions over the years as both a Director and Officer. The Company also wishes to thank Matthew Mikulic for his time as a Director and wishes him well in his future endeavours.
Following the AGM, the Board of Directors met and appointed three of its Directors to serve on the Audit Committee and three Directors to its Compensation Committee. The following reconstitutions and/or appointments were made:
Danny Hon, C.G.A. Mr. Hon is a Certified General Accountant with over 20 years experience in accounting and finance. He became an associate member of the Certified General Accountants Association of Canada in 1994 and a Certified Financial Planner in 1998. Mr. Hon became a fellow of the Association of Chartered Certified Accountants of the United Kingdom in 1992 and the Hong Kong Institute of Certified Public Accountants in 1999. Mr. Hon is a partner of Hon & Wong, Certified General Accountants, based in Vancouver, B.C. He has extensive experience working with Canadian and U.S. listed public companies which have businesses in China. Mr. Hon is currently the CFO of China Education Resources Inc., and a director and CFO of Brand Marvel Worldwide Consumer Products. Mr. Hon was also formerly the CFO of China Gold International Resources Corp. Ltd., Max Gold Corp., and Silvercorp Metals Inc. Mr. Hon is fluent in Chinese Mandarin.
Michele Ashby. Ms. Ashby is currently the CEO of MiNE LLC. She started her career as a retail stockbroker for 12 years, and served as Gold analyst for a regional brokerage firm for 8 years. She was the assistant dean for the on-line Mining Investment College in 1997. From 1988 to 2005 Michele was CEO and founder of the Denver Gold Group, a trade association for the gold mining industry. In 2005, Ms. Ashby left Denver Gold Group and started her own company, MiNE LLC, which organizes private investor meetings for the finance, natural resources, mining, and modern energy industry sectors. Ms. Ashby is also a member of the board of directors of US Gold Corp., a New York Stock Exchange listed (UXG) mining company with projects in North America and Mexico. Michele also sits on the Advisory Board for Green Energy Corp., a private company in the smart grid space. Ms. Ashby is also the author of "The Modern Energy Matchmaker", which was released in the Fall of 2010 and "How to ! Invest in Mining Stocks" published in 1987.
About the Changyun Coal Project
Located within the Bijie coal fields, Guizhou Province, the Changyun coal mine covers an area of 2.0954 sq. km with valid mining permits for a 150,000 MTPY coal mining operation, which may be expanded to 300,000 - 500,000 MTPY. Local historical reports (non-compliant with NI 43-101) state that coal seams within the mine area are highly altered and would produce a low ash, low to medium sulphur (average 0.23%), and low-volatile (7-8% volatile matter) product, with high gross calorific value that ranges from 6400 to 7200 Kcal/kg. The thermal grade coal is suitable for power plant use. A ready market for production exists with the nearby power plants and other end users within Guizhou province.
In addition to the mine, Changyun has recently been provided with preferential rights to explore and develop a 20 sq. km of highly prospective exploration land surrounding the mine.
About Lucky Strike:
Lucky Strike Resources Ltd. is a Canada-based exploration stage company. The Company is engaged in the process of exploring and/or developing coal properties in Guizhou province in China. The Company also has property in Yreka, British Columbia, Canada. The Changyun coal project is a former past producing mine and is located some 25 km northeast of Bijie City in Guizhou province, approximately two hours north by air from Hong Kong. The permitted mine covers a total area of 2.0954 sq. km and is surrounded by approximately 20 sq. km of highly prospective exploration area, where available geological data supports the potential presence of significant coal resources of high quality Anthracite coal within the area. The local area has well established infrastructure for the Changyun project to resume production and coal buyers to pick up coal FOB at the mine site.
On behalf of Management
Lucky Strike Resources Ltd.
Cathy Fong
Cathy Fong, Chairman & CEO, Director
The TSX-Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This news release may contain certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the Toronto Venture Exchange, the British Columbia Securities Commission and the US Securities and Exchange Commission.
At the AGM, Cathy Fong was elected Chairman, CEO and Director of Lucky Strike Resources Ltd. The number of Directors for the Company was set at six with nominees including Cathy Fong, Danny Hon and Michele Ashby being newly elected Directors while Dodge Li, Patricia Wilson and Andre Klumb as returning Directors to the Board for the ensuing year.
William Arthur Graham, who is the founder of the Company, did not stand for re-election as a Director. The Company wishes to thank him for his contributions over the years as both a Director and Officer. The Company also wishes to thank Matthew Mikulic for his time as a Director and wishes him well in his future endeavours.
Following the AGM, the Board of Directors met and appointed three of its Directors to serve on the Audit Committee and three Directors to its Compensation Committee. The following reconstitutions and/or appointments were made:
- Cathy Fong Director, Chairperson of the Board,
- Member of the Compensation Committee;
- Danny Hon Director, Chief Financial Officer;
- Patricia Wilson Director, Corporate Secretary,
- Chairperson and Member of the Audit Committee,
- Dodge Li Director, Member of the Audit Committee;
- Andre Klumb Director, Member of the Compensation Committee; and,
- Michele Ashby Director.
Danny Hon, C.G.A. Mr. Hon is a Certified General Accountant with over 20 years experience in accounting and finance. He became an associate member of the Certified General Accountants Association of Canada in 1994 and a Certified Financial Planner in 1998. Mr. Hon became a fellow of the Association of Chartered Certified Accountants of the United Kingdom in 1992 and the Hong Kong Institute of Certified Public Accountants in 1999. Mr. Hon is a partner of Hon & Wong, Certified General Accountants, based in Vancouver, B.C. He has extensive experience working with Canadian and U.S. listed public companies which have businesses in China. Mr. Hon is currently the CFO of China Education Resources Inc., and a director and CFO of Brand Marvel Worldwide Consumer Products. Mr. Hon was also formerly the CFO of China Gold International Resources Corp. Ltd., Max Gold Corp., and Silvercorp Metals Inc. Mr. Hon is fluent in Chinese Mandarin.
Michele Ashby. Ms. Ashby is currently the CEO of MiNE LLC. She started her career as a retail stockbroker for 12 years, and served as Gold analyst for a regional brokerage firm for 8 years. She was the assistant dean for the on-line Mining Investment College in 1997. From 1988 to 2005 Michele was CEO and founder of the Denver Gold Group, a trade association for the gold mining industry. In 2005, Ms. Ashby left Denver Gold Group and started her own company, MiNE LLC, which organizes private investor meetings for the finance, natural resources, mining, and modern energy industry sectors. Ms. Ashby is also a member of the board of directors of US Gold Corp., a New York Stock Exchange listed (UXG) mining company with projects in North America and Mexico. Michele also sits on the Advisory Board for Green Energy Corp., a private company in the smart grid space. Ms. Ashby is also the author of "The Modern Energy Matchmaker", which was released in the Fall of 2010 and "How to ! Invest in Mining Stocks" published in 1987.
About the Changyun Coal Project
Located within the Bijie coal fields, Guizhou Province, the Changyun coal mine covers an area of 2.0954 sq. km with valid mining permits for a 150,000 MTPY coal mining operation, which may be expanded to 300,000 - 500,000 MTPY. Local historical reports (non-compliant with NI 43-101) state that coal seams within the mine area are highly altered and would produce a low ash, low to medium sulphur (average 0.23%), and low-volatile (7-8% volatile matter) product, with high gross calorific value that ranges from 6400 to 7200 Kcal/kg. The thermal grade coal is suitable for power plant use. A ready market for production exists with the nearby power plants and other end users within Guizhou province.
In addition to the mine, Changyun has recently been provided with preferential rights to explore and develop a 20 sq. km of highly prospective exploration land surrounding the mine.
About Lucky Strike:
Lucky Strike Resources Ltd. is a Canada-based exploration stage company. The Company is engaged in the process of exploring and/or developing coal properties in Guizhou province in China. The Company also has property in Yreka, British Columbia, Canada. The Changyun coal project is a former past producing mine and is located some 25 km northeast of Bijie City in Guizhou province, approximately two hours north by air from Hong Kong. The permitted mine covers a total area of 2.0954 sq. km and is surrounded by approximately 20 sq. km of highly prospective exploration area, where available geological data supports the potential presence of significant coal resources of high quality Anthracite coal within the area. The local area has well established infrastructure for the Changyun project to resume production and coal buyers to pick up coal FOB at the mine site.
On behalf of Management
Lucky Strike Resources Ltd.
Cathy Fong
Cathy Fong, Chairman & CEO, Director
The TSX-Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This news release may contain certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the Toronto Venture Exchange, the British Columbia Securities Commission and the US Securities and Exchange Commission.
Mining Stocks; YALE (TSX-V: YLL) AQCUIRES AG/CU/ZN PROPERTY IN SONORA STATE, MEXICO
December 13, 2010 (Investorideas.com Mining stocks Newswire) - Yale Resources Ltd. (TSX-V: YLL and Frankfurt: YAB) is pleased to announce the acquisition of a 100% interest in the 400 hectare Apache Property, located approximately 150 kilometres north of Hermosillo, Sonora State, Mexico. The property is approximately 25 km west of Benjamin Hill and 30 km from Timmins Gold�s San Francisco Mine.
The core mineralized zone at Apache is defined by multiple historic workings centred on southwest trending veins and veinlets surrounded by a large zone with strong iron oxide staining. The veins are hosted in strongly altered metasediments.
Initial sampling from the Apache property returned the following results:
Yale has agreed to purchase a 100% interest with no royalties in the Apache Property by paying $250,000 payable as 2.5 million shares - subject to TSX Venture approval - to a private individual.
The Apache Property is Yale�s ninth project in Mexico and as part of the Company�s Project Generator business model will be added to our portfolio of projects available for option.
About Yale Resources:
Yale Resources is an exploration and development company concentrating in northwestern Mexico that is building value through project generation. Yale has three of its seven properties optioned out to value added partners. These agreements combine for minimum commitments of approximately US $1,100,000 of exploration expenditures over the next 12 months. Yale continues to work on its non-optioned properties as well as reviewing new projects with a focus on gold.
"Ian Foreman"
Ian Foreman, P.Geo.
President
The core mineralized zone at Apache is defined by multiple historic workings centred on southwest trending veins and veinlets surrounded by a large zone with strong iron oxide staining. The veins are hosted in strongly altered metasediments.
Initial sampling from the Apache property returned the following results:
| Type | Width (m) | Description | Ag (g/t) | Cu (%) | Zn (%) |
| Chip channel | 1.4 | Quartz-rich structure hosted in metasediments with disseminated copper oxides and crisocola | 42.7 | 1.53 | 2.96 |
| Chip channel | 2.8 | Strongly fractured structure and metasediments with disseminated copper oxides and crisocola | 75.7 | 0.97 | 0.93 |
| Chip channel | 2.0 | Strongly silicified metasediments with disseminated copper oxides, crisocola and azurite. | 4.2 | 2.99 | 1.99 |
| Mineralized dump | - | Abundant iron oxide staining in meta sediments with disseminated copper oxides and manganese oxides | 34.4 | 1.07 | 1.45 |
| Mineralized dump | - | Strong iron oxide stained metasediments with disseminated copper oxides | 54.4 | 0.95 | 1.94 |
| Mineralized dump | - | Strong iron oxide stained metasediments with disseminated copper oxides | 28.8 | 1.68 | 2.68 |
| Mineralized dump | - | Quartz-rich material with abundant copper oxides | 10.8 | 2.05 | 0.10 |
The Apache Property is Yale�s ninth project in Mexico and as part of the Company�s Project Generator business model will be added to our portfolio of projects available for option.
About Yale Resources:
Yale Resources is an exploration and development company concentrating in northwestern Mexico that is building value through project generation. Yale has three of its seven properties optioned out to value added partners. These agreements combine for minimum commitments of approximately US $1,100,000 of exploration expenditures over the next 12 months. Yale continues to work on its non-optioned properties as well as reviewing new projects with a focus on gold.
Ian Foreman, P.Geo., is Yale Resources' Qualified Person, as defined by National Instrument 43-101. The Tenoriba property is an early stage project with no reported resources that requires additional sampling and geological mapping to fully determine the project's potential.
All of the samples mentioned in this release were prepared and analyzed by Inspectorate at their labs in Hermosillo and Vancouver and generally consisted of 2-4 kg of material. Gold analyses were performed by 30 gram fire assay with an AA finish. Silver and base metals were analyzed as part of a multi-element ICP package using an aqua regia digestion; samples with more than 100 g/t silver, 1% copper, 1% lead and/or 1% zinc (over limit) were re-analyzed using Inspectorate's 'ore grade' detection limits.
On behalf of the Board,All of the samples mentioned in this release were prepared and analyzed by Inspectorate at their labs in Hermosillo and Vancouver and generally consisted of 2-4 kg of material. Gold analyses were performed by 30 gram fire assay with an AA finish. Silver and base metals were analyzed as part of a multi-element ICP package using an aqua regia digestion; samples with more than 100 g/t silver, 1% copper, 1% lead and/or 1% zinc (over limit) were re-analyzed using Inspectorate's 'ore grade' detection limits.
"Ian Foreman"
Ian Foreman, P.Geo.
President
For additional information on Yale Resources please call the Company at 604-678-2531.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Statements in this press release, other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.
Visit the YLL showcase profile at Investorideas.com
Request News and Info on YLL
Disclosure, Disclaimer/ YLL is a paid advertising client on Investorideas.com and our mining portals.
Request News and Info on YLL
Disclosure, Disclaimer/ YLL is a paid advertising client on Investorideas.com and our mining portals.
Mining Stocks News; Lucky Strike (LKY - TSX Venture) $2,400,000 Non-brokered Private Placement Fully Subscribed
Vancouver, British Columbia CANADA - December 13, 2010 (Investorideas.com Mining stocks newswire) - Lucky Strike Resources Ltd. (LKY - TSX Venture), is pleased to announce today that the TSX Venture Exchange has accepted for filing documentation with respect to the closing of the non-brokered private placement of $2.4 million previously announced on December 6, 2010 (the "Private Placement").
The Company will issue 3,000,000 units (each a "Unit") to exempt buyers on a private placement basis at a price of $0.80 per Unit (the "Offering Price"), with each Unit consisting of one common share ("Common Share") of the Company and one-half of one common share non-transferable purchase warrant ("Warrant"). Each whole Warrant entitles the holder to purchase one additional Common Share of the Company at an exercise price of $1.25 per Common Share for a period of 18 months following the closing of the Private Placement.
The securities issued in connection with this Private Placement have a hold period of four months and one day from the date of issuance, which expires on April 11, 2011. The Company has 16,256,467 common shares issued and outstanding after the close of this financing and prior to the issue of any warrant shares from this financing.
The Company will pay finder's fees of up to 145,000 common shares of the Company in connection with the Private Placement in accordance with the TSX Venture Exchange policies.
The proceeds raised from the placement will be used for general working capital.
About the Changyun Coal Project
Located within the Bijie coal fields, Guizhou Province, the Changyun coal mine covers an area of 2.0954 sq. km with valid mining permits for a 150,000 MTPY coal mining operation, which may be expanded to 300,000 - 500,000 MTPY. Local historical reports (non-compliant with NI 43-101) state that coal seams within the mine area are highly altered and would produce a low ash, low to medium sulphur (average 0.23%), and low-volatile (7-8% volatile matter) product, with high gross calorific value that ranges from 6400 to 7200 Kcal/kg. The thermal grade coal is suitable for power plant use. A ready market for production exists with the nearby power plants and other end users within Guizhou province.
In addition to the mine, Changyun has recently been provided with preferential rights to explore and develop a 20 sq. km of highly prospective exploration land surrounding the mine.
About Lucky Strike:
Lucky Strike Resources Ltd. is a Canada-based exploration stage company. The Company is engaged in the process of exploring and/or developing coal properties in Guizhou province in China. The Company also has property in Yreka, British Columbia, Canada. The Changyun coal project is a former past producing mine and is located some 25 km northeast of Bijie City in Guizhou province, approximately two hours north by air from Hong Kong. The permitted mine covers a total area of 2.0954 sq. km and is surrounded by approximately 20 sq. km of highly prospective exploration area, where available geological data supports the potential presence of significant coal resources of high quality Anthracite coal within the area. The local area has well established infrastructure for the Changyun project to resume production and coal buyers to pick up coal FOB at the mine site.
On behalf of Management
Lucky Strike Resources Ltd.
Dodge Li
Dodge Li, CEO & Director
The Company will issue 3,000,000 units (each a "Unit") to exempt buyers on a private placement basis at a price of $0.80 per Unit (the "Offering Price"), with each Unit consisting of one common share ("Common Share") of the Company and one-half of one common share non-transferable purchase warrant ("Warrant"). Each whole Warrant entitles the holder to purchase one additional Common Share of the Company at an exercise price of $1.25 per Common Share for a period of 18 months following the closing of the Private Placement.
The securities issued in connection with this Private Placement have a hold period of four months and one day from the date of issuance, which expires on April 11, 2011. The Company has 16,256,467 common shares issued and outstanding after the close of this financing and prior to the issue of any warrant shares from this financing.
The Company will pay finder's fees of up to 145,000 common shares of the Company in connection with the Private Placement in accordance with the TSX Venture Exchange policies.
The proceeds raised from the placement will be used for general working capital.
About the Changyun Coal Project
Located within the Bijie coal fields, Guizhou Province, the Changyun coal mine covers an area of 2.0954 sq. km with valid mining permits for a 150,000 MTPY coal mining operation, which may be expanded to 300,000 - 500,000 MTPY. Local historical reports (non-compliant with NI 43-101) state that coal seams within the mine area are highly altered and would produce a low ash, low to medium sulphur (average 0.23%), and low-volatile (7-8% volatile matter) product, with high gross calorific value that ranges from 6400 to 7200 Kcal/kg. The thermal grade coal is suitable for power plant use. A ready market for production exists with the nearby power plants and other end users within Guizhou province.
In addition to the mine, Changyun has recently been provided with preferential rights to explore and develop a 20 sq. km of highly prospective exploration land surrounding the mine.
About Lucky Strike:
Lucky Strike Resources Ltd. is a Canada-based exploration stage company. The Company is engaged in the process of exploring and/or developing coal properties in Guizhou province in China. The Company also has property in Yreka, British Columbia, Canada. The Changyun coal project is a former past producing mine and is located some 25 km northeast of Bijie City in Guizhou province, approximately two hours north by air from Hong Kong. The permitted mine covers a total area of 2.0954 sq. km and is surrounded by approximately 20 sq. km of highly prospective exploration area, where available geological data supports the potential presence of significant coal resources of high quality Anthracite coal within the area. The local area has well established infrastructure for the Changyun project to resume production and coal buyers to pick up coal FOB at the mine site.
On behalf of Management
Lucky Strike Resources Ltd.
Dodge Li
Dodge Li, CEO & Director
Tuesday, December 07, 2010
Mining Stocks News; Lucky Strike (LKY - TSX Venture) ANNOUNCES $2,400,000 NON-BROKERED PRIVATE PLACEMENT
Vancouver, British Columbia CANADA - December 7, 2010 (Investorideas.com Mining stocks newswire) - Lucky Strike Resources Ltd. (LKY - TSX Venture), is pleased to announce a non-brokered private placement for maximum gross proceeds of $2.4 million (the "Private Placement").
The Company may issue up to 3,000,000 units (each a "Unit") to exempt buyers on a private placement basis at a price of $0.80 per Unit (the �Offering Price�), with each Unit consisting of one common share ("Common Share") of the Company and one-half of one common share non-transferable purchase warrant ("Warrant"). Each whole Warrant entitles the holder to purchase one additional Common Share of the Company at an exercise price of $1.25 per Common Share for a period of 18 months following the closing of the Private Placement.
The net proceeds will be used for general working capital. This Private Placement is subject to finder's fees, which will be paid in accordance with TSX Venture Exchange policies.
This Private Placement is subject to the approval of regulatory authorities.
It is not anticipated that any new insiders will be created, nor will a change of control occur as a result of the Private Placement. The Private Placement is subject to regulatory approvals, including final approval by the TSX Venture Exchange. All securities issued pursuant to the private placement are subject to a 4-month hold period. After taking into consideration this private placement, the Company will have 16,311,467 common shares issued and outstanding.
About the Changyun Coal Project
Located within the Bijie coal fields, Guizhou Province, the Changyun coal mine covers an area of 2.0954 sq. km with valid mining permits for a 150,000 MTPY coal mining operation, which may be expanded to 300,000 - 500,000 MTPY. Local historical reports (non-compliant with NI 43-101) state that coal seams within the mine area are highly altered and would produce a low ash, low to medium sulphur (average 0.23%), and low-volatile (7-8% volatile matter) product, with high gross calorific value that ranges from 6400 to 7200 Kcal/kg. The thermal grade coal is suitable for power plant use. A ready market for production exists with the nearby power plants and other end users within Guizhou province.
In addition to the mine, Changyun has recently been provided with preferential rights to explore and develop a 20 sq. km of highly prospective exploration land surrounding the mine.
About Lucky Strike:
Lucky Strike Resources Ltd. is a Canada-based exploration stage company. The Company is engaged in the process of exploring and/or developing coal properties in Guizhou province in China. The Company also has property in Yreka, British Columbia, Canada. The Changyun coal project is a former past producing mine and is located some 25 km northeast of Bijie City in Guizhou province, approximately two hours north by air from Hong Kong. The permitted mine covers a total area of 2.0954 sq. km and is surrounded by approximately 20 sq. km of highly prospective exploration area, where available geological data supports the potential presence of significant coal resources of high quality Anthracite coal within the area. The local area has well established infrastructure for the Changyun project to resume production and coal buyers to pick up coal FOB at the mine site.
On behalf of Management
Lucky Strike Resources Ltd.
Dodge Li
Dodge Li, CEO & Director
The Company may issue up to 3,000,000 units (each a "Unit") to exempt buyers on a private placement basis at a price of $0.80 per Unit (the �Offering Price�), with each Unit consisting of one common share ("Common Share") of the Company and one-half of one common share non-transferable purchase warrant ("Warrant"). Each whole Warrant entitles the holder to purchase one additional Common Share of the Company at an exercise price of $1.25 per Common Share for a period of 18 months following the closing of the Private Placement.
The net proceeds will be used for general working capital. This Private Placement is subject to finder's fees, which will be paid in accordance with TSX Venture Exchange policies.
This Private Placement is subject to the approval of regulatory authorities.
It is not anticipated that any new insiders will be created, nor will a change of control occur as a result of the Private Placement. The Private Placement is subject to regulatory approvals, including final approval by the TSX Venture Exchange. All securities issued pursuant to the private placement are subject to a 4-month hold period. After taking into consideration this private placement, the Company will have 16,311,467 common shares issued and outstanding.
About the Changyun Coal Project
Located within the Bijie coal fields, Guizhou Province, the Changyun coal mine covers an area of 2.0954 sq. km with valid mining permits for a 150,000 MTPY coal mining operation, which may be expanded to 300,000 - 500,000 MTPY. Local historical reports (non-compliant with NI 43-101) state that coal seams within the mine area are highly altered and would produce a low ash, low to medium sulphur (average 0.23%), and low-volatile (7-8% volatile matter) product, with high gross calorific value that ranges from 6400 to 7200 Kcal/kg. The thermal grade coal is suitable for power plant use. A ready market for production exists with the nearby power plants and other end users within Guizhou province.
In addition to the mine, Changyun has recently been provided with preferential rights to explore and develop a 20 sq. km of highly prospective exploration land surrounding the mine.
About Lucky Strike:
Lucky Strike Resources Ltd. is a Canada-based exploration stage company. The Company is engaged in the process of exploring and/or developing coal properties in Guizhou province in China. The Company also has property in Yreka, British Columbia, Canada. The Changyun coal project is a former past producing mine and is located some 25 km northeast of Bijie City in Guizhou province, approximately two hours north by air from Hong Kong. The permitted mine covers a total area of 2.0954 sq. km and is surrounded by approximately 20 sq. km of highly prospective exploration area, where available geological data supports the potential presence of significant coal resources of high quality Anthracite coal within the area. The local area has well established infrastructure for the Changyun project to resume production and coal buyers to pick up coal FOB at the mine site.
On behalf of Management
Lucky Strike Resources Ltd.
Dodge Li
Dodge Li, CEO & Director
Friday, December 03, 2010
Mining Stocks; YALE (TSX-V: YLL) DEFINES A SECOND GOLD TARGET AT THE TENORIBA GOLD/SILVER PROPERTY
December 3, 2010 (Investorideas.com Mining stocks Newswire) - Yale Resources Ltd. (TSX-V: YLL and Frankfurt: YAB) is pleased to report that it has successfully defined a second early stage gold target within the wholly owned Tenoriba Property located in Chihuahua State, Mexico. The Moreno Target was highlighted by Yale personnel after reviewing historic data on the project and the first field visit has identified disseminated gold hosted in strongly altered ignimbrites over an area that measures approximately 200 metres by 200 metres.
The Moreno Target is located within the Central Trend, which measures at least 5 kilometres in length and 2 kilometres in width and, to date, contains 17 known gold targets. The Central Trend represents approximately 15% of the total property area.
A first pass sampling program by Yale at the Moreno Target returned gold values in the 0.33 to 1.67 grams per tonne gold over variable widths as summarized below:
Ongoing work at Moreno will focus on detailed mapping, trenching and sampling in order to determine if these grades continue over wider intervals and to explore for higher grade mineralization as previously identified (see Masuparia news releases dated May 7, 2007 and Jan. 28, 2008):
1.1 kilometres northeast of the Moreno Target is the La Verde Target, which was the first target visited by Yale. The central trench at La Verde returned 10.2 metres with a weighted average of 4.88 g/t gold and 63.9 g/t silver (see news release dated November 9, 2010). Yale is processing additional results from other targets within the Central Trend and these will be reported when available.
About Yale Resources:
Yale Resources is an exploration and development company concentrating in northwestern Mexico that is building value through project generation. Yale has three of its seven properties optioned out to value added partners. These agreements combine for minimum commitments of approximately US $1,100,000 of exploration expenditures over the next 12 months. Yale continues to work on its non-optioned properties as well as reviewing new projects with a focus on gold.
"Ian Foreman"
Ian Foreman, P.Geo.
President
The Moreno Target is located within the Central Trend, which measures at least 5 kilometres in length and 2 kilometres in width and, to date, contains 17 known gold targets. The Central Trend represents approximately 15% of the total property area.
A first pass sampling program by Yale at the Moreno Target returned gold values in the 0.33 to 1.67 grams per tonne gold over variable widths as summarized below:
- 6.1 metres with a weighted average of 1.19 g/t gold
- 8.0 metres with a weighted average of 0.80 g/t gold
- 2.5 metres grading 1.67 g/t gold
- 6.0 metres with a weighted average of 0.33 g/t gold
Ongoing work at Moreno will focus on detailed mapping, trenching and sampling in order to determine if these grades continue over wider intervals and to explore for higher grade mineralization as previously identified (see Masuparia news releases dated May 7, 2007 and Jan. 28, 2008):
- a continuous 13.1 meter chip composite through some of the workings grading 1.21 g/t gold, and
- 6.3 g/t gold over 3.5 metres
1.1 kilometres northeast of the Moreno Target is the La Verde Target, which was the first target visited by Yale. The central trench at La Verde returned 10.2 metres with a weighted average of 4.88 g/t gold and 63.9 g/t silver (see news release dated November 9, 2010). Yale is processing additional results from other targets within the Central Trend and these will be reported when available.
About Yale Resources:
Yale Resources is an exploration and development company concentrating in northwestern Mexico that is building value through project generation. Yale has three of its seven properties optioned out to value added partners. These agreements combine for minimum commitments of approximately US $1,100,000 of exploration expenditures over the next 12 months. Yale continues to work on its non-optioned properties as well as reviewing new projects with a focus on gold.
Ian Foreman, P.Geo., is Yale Resources' Qualified Person, as defined by National Instrument 43-101. The Tenoriba property is an early stage project with no reported resources that requires additional sampling and geological mapping to fully determine the project's potential.
All of the samples mentioned in this release were prepared and analyzed by Inspectorate at their labs in Hermosillo and Vancouver and generally consisted of 2-4 kg of material. Gold analyses were performed by 30 gram fire assay with an AA finish. Silver and base metals were analyzed as part of a multi-element ICP package using an aqua regia digestion; samples with more than 100 g/t silver, 1% copper, 1% lead and/or 1% zinc (over limit) were re-analyzed using Inspectorate's 'ore grade' detection limits.
On behalf of the Board,All of the samples mentioned in this release were prepared and analyzed by Inspectorate at their labs in Hermosillo and Vancouver and generally consisted of 2-4 kg of material. Gold analyses were performed by 30 gram fire assay with an AA finish. Silver and base metals were analyzed as part of a multi-element ICP package using an aqua regia digestion; samples with more than 100 g/t silver, 1% copper, 1% lead and/or 1% zinc (over limit) were re-analyzed using Inspectorate's 'ore grade' detection limits.
"Ian Foreman"
Ian Foreman, P.Geo.
President
For additional information on Yale Resources please call the Company at 604-678-2531.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Statements in this press release, other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.
Visit the YLL showcase profile at Investorideas.com
Request News and Info on YLL
Disclosure, Disclaimer/ YLL is a paid advertising client on Investorideas.com and our mining portals.
Request News and Info on YLL
Disclosure, Disclaimer/ YLL is a paid advertising client on Investorideas.com and our mining portals.
Thursday, December 02, 2010
Mining Stocks News; LEGEND INTERNATIONAL HOLDINGS INC (OTCBB: LGDI) ANNOUNCES THE APPOINTMENT OF NOMURA AS FINANCIAL ADVISOR
Melbourne Australia � December 2, 2010 (Investorideas.com Mining stocks newswire) � Legend International Holdings, Inc (OTCBB: LGDI) is pleased to announce that it has appointed Nomura as its financial advisor to advise on potential strategic transactions related to its phosphate mining and refining business in the Georgina Basin in Queensland, Australia. The transaction will involve assessing interested industry partners, who wish to form a strategic alliance with Legend and invest in the project.
Nomura is one of the world's leading global investment banks with an international network of offices spanning 30 countries. Nomura has advised on numerous high profile cross-border transactions in addition to having a leading global capital markets franchise. Nomura was ranked #1 M&A adviser in Asia Pacific in 2009(1) according to Thomson Financial.
Mr. Joseph Gutnick, President and CEO of Legend commented on Nomura's appointment, stating that "Nomura has a strong track record of successfully executing cross-border transactions in the APAC region. We are excited about working with the Nomura team to maximize the value and outlook for our phosphate business. We are confident that the strength of Nomura's network and unparalleled access to potential investors, particularly in the Asian region, will ensure a successful outcome for Legend and its investors."
Mr. Sheryar Chishty, Global Head of Industrials Investment Banking at Nomura also commented on the transaction: "We are honoured to be working with Legend on this important project. We believe the outlook for global phosphate demand and prices is very attractive on the back of the growth in global food demand, increasing importance of food security and emergence of phosphate fertilizer as a key ingredient in enhancing food supply. Legend's high quality assets are ideally positioned to benefit from these trends."
Legend's phosphate and mining business in the Georgina Basin consist of 3 key phosphate deposits in Mt. Isa in the Georgina Basin of Queensland. Legend's current plan is to build a phosphate fertilizer complex that will commence commercial production in 2013 in Mt. Isa near the three deposits. Legend proposes to develop the project in two stages that will occur sequentially: development of the phosphate fertilizer complex and development of a beneficiation plant that will be used to upgrade phosphate ores mined. Legend believes its phosphate deposits benefit from ideal location, attractive scale and proximity to well-developed infrastructure. Legend expects that the complex will be able to produce 600,000 tonnes and 1,200,000 tonnes of MAP and DAP per annum under the base case and expanded production case respectively.
Note: (1) Based on announced M&A transactions with any Asia (including Japan and excluding Australasia) involvement
Legend International Holdings, Inc. ABN 82 120 855 352 Level 8, 580 St Kilda Road Melbourne Victoria 3004 Australia PO Box 6315, St Kilda Road Central Melbourne Victoria 8008 Australia T +61 3 8532 2866 F +61 3 8532 2805 info@lgdi.net www.lgdi.net
Forward-Looking Statements
Forward-looking statements in this press release are made pursuant to the "safe harbour" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties including, without limitation, the risks of exploration and development stage projects, risks associated with environmental and other regulatory matters, mining risks and competition and the volatility of mineral prices. Actual results and timetables could vary significantly. Additional information about these and other factors that could affect the Company's business is set forth in the Company's fiscal 2009 Annual Report on Form 10-K and other filings with the Securities and Exchange Commission.
For further information, please contact:
Mr. Joseph Gutnick
Chief Executive Officer
Legend International Holdings, Inc.
Tel: +011 613 8532 2866
Fax: +011 613 8532 2805
E-mail: josephg@axisc.com.au
General Manager Business
New York Office
Legend International Holdings, Inc.
Tel: (212) 223 0018
Fax: (212) 223 1169
E-mail: legendinfo@axisc.com.au
Nomura is one of the world's leading global investment banks with an international network of offices spanning 30 countries. Nomura has advised on numerous high profile cross-border transactions in addition to having a leading global capital markets franchise. Nomura was ranked #1 M&A adviser in Asia Pacific in 2009(1) according to Thomson Financial.
Mr. Joseph Gutnick, President and CEO of Legend commented on Nomura's appointment, stating that "Nomura has a strong track record of successfully executing cross-border transactions in the APAC region. We are excited about working with the Nomura team to maximize the value and outlook for our phosphate business. We are confident that the strength of Nomura's network and unparalleled access to potential investors, particularly in the Asian region, will ensure a successful outcome for Legend and its investors."
Mr. Sheryar Chishty, Global Head of Industrials Investment Banking at Nomura also commented on the transaction: "We are honoured to be working with Legend on this important project. We believe the outlook for global phosphate demand and prices is very attractive on the back of the growth in global food demand, increasing importance of food security and emergence of phosphate fertilizer as a key ingredient in enhancing food supply. Legend's high quality assets are ideally positioned to benefit from these trends."
Legend's phosphate and mining business in the Georgina Basin consist of 3 key phosphate deposits in Mt. Isa in the Georgina Basin of Queensland. Legend's current plan is to build a phosphate fertilizer complex that will commence commercial production in 2013 in Mt. Isa near the three deposits. Legend proposes to develop the project in two stages that will occur sequentially: development of the phosphate fertilizer complex and development of a beneficiation plant that will be used to upgrade phosphate ores mined. Legend believes its phosphate deposits benefit from ideal location, attractive scale and proximity to well-developed infrastructure. Legend expects that the complex will be able to produce 600,000 tonnes and 1,200,000 tonnes of MAP and DAP per annum under the base case and expanded production case respectively.
Note: (1) Based on announced M&A transactions with any Asia (including Japan and excluding Australasia) involvement
Legend International Holdings, Inc. ABN 82 120 855 352 Level 8, 580 St Kilda Road Melbourne Victoria 3004 Australia PO Box 6315, St Kilda Road Central Melbourne Victoria 8008 Australia T +61 3 8532 2866 F +61 3 8532 2805 info@lgdi.net www.lgdi.net
Forward-Looking Statements
Forward-looking statements in this press release are made pursuant to the "safe harbour" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties including, without limitation, the risks of exploration and development stage projects, risks associated with environmental and other regulatory matters, mining risks and competition and the volatility of mineral prices. Actual results and timetables could vary significantly. Additional information about these and other factors that could affect the Company's business is set forth in the Company's fiscal 2009 Annual Report on Form 10-K and other filings with the Securities and Exchange Commission.
For further information, please contact:
Mr. Joseph Gutnick
Chief Executive Officer
Legend International Holdings, Inc.
Tel: +011 613 8532 2866
Fax: +011 613 8532 2805
E-mail: josephg@axisc.com.au
General Manager Business
New York Office
Legend International Holdings, Inc.
Tel: (212) 223 0018
Fax: (212) 223 1169
E-mail: legendinfo@axisc.com.au
Mining Stocks News; Lucky Strike (LKY - TSX Venture) Appoints Special Advisor for China Changyun Coal Project
Vancouver, British Columbia CANADA - December 2, 2010 (Investorideas.com Mining stocks newswire) - Lucky Strike Resources Ltd. (LKY - TSX Venture), is pleased to announce the appointment of Dr. Kai Yang, Ph.D., Geology as a special adviser to the Company. He will advise the Company on corporate and technical matters for the Guizhou Changyun Coal Project in China. Dr. Yang will review a work program to immediately drill the Changyun coal property to confirm the resources as recommended in the Independent Technical Review Report.
Dr. Yang, a member of the Australian Institute of Geoscientists (AIG), has more than 25 years of experience as a professional geologist with expertise on various types of mineral deposits in many parts of the world, including Australia, Chile, China and Indonesia.In his career, Kai Yang worked as a geologist for government geological surveys (China and Australia), research institute (Australia) and exploration and mining companies (China).His duties will include provision of technical advice on drilling, geological data analysis and integration, reporting on project progress, recruiting technical staff, project generation and assessment of new properties.
Dr. Yang is bilingually fluent in English and Chinese (Mandarin), and a Chinese expatriate currently residing in Australia. He has excellent interpersonal skills and great understanding of the Chinese culture, which will assist the Company in achieving its vision in playing a significant role in China's coal production growth.
About the Changyun Coal Project
Located within the Bijie coal fields, Guizhou Province, the Changyun coal mine covers an area of 2.0954 sq. km with valid mining permits for a 150,000 MTPY coal mining operation, which may be expanded to 300,000 - 500,000 MTPY. Local historical reports (non-compliant with NI43-101) state that coal seams within the mine area are highly altered and would produce a low ash, low to medium sulphur (average 0.23%), and low-volatile (7-8% volatile matter) product, with high gross calorific value that ranges from 6400 to 7200 Kcal/kg. The thermal grade coal is suitable for power plant use. A ready market for production exists with the nearby power plants and other end users within Guizhou province.
In addition to the mine, Changyun has recently been provided with preferential rights to explore and develop a 20 sq. km of highly prospective exploration land surrounding the mine.
About Lucky Strike:
Lucky Strike Resources Ltd. is a Canada-based exploration stage company. The Company is engaged in the process of exploring and/or developing coal properties in Guizhou province in China. The Company also has property in Yreka, British Columbia, Canada. The Changyun coal project is a former past producing mine and is located some 25 km northeast of Bijie City in Guizhou province, approximately two hours north by air from Hong Kong. The permitted mine covers a total area of 2.0954 sq. km and is surrounded by approximately 20 sq. km of highly prospective exploration area, where available geological data supports the potential presence of significant coal resources of high quality Anthracite coal within the area. The local area has well established infrastructure for the Changyun project to resume production and coal buyers to pick up coal FOB at the mine site.
On behalf of Management
Lucky Strike Resources Ltd.
"Dodge Li"
Dodge Li, CEO & Director
The TSX-Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This news release may contain certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the Toronto Venture Exchange, the British Columbia Securities Commission and the US Securities and Exchange Commission.
Lucky Strike Resources Ltd.
Suite 860 - 605
Robson Street,
Vancouver, British Columbia,
Canada V6B 5J3
Tel: (778) 238-8199
Fax: (604) 669-6180
www.luckystrikeresources.com
Source: Lucky Strike Resources Ltd. (LKY TSX-V)
Maximum News Dissemination by Filing Services Canada Inc. *
www.usetdas.com
Dr. Yang, a member of the Australian Institute of Geoscientists (AIG), has more than 25 years of experience as a professional geologist with expertise on various types of mineral deposits in many parts of the world, including Australia, Chile, China and Indonesia.In his career, Kai Yang worked as a geologist for government geological surveys (China and Australia), research institute (Australia) and exploration and mining companies (China).His duties will include provision of technical advice on drilling, geological data analysis and integration, reporting on project progress, recruiting technical staff, project generation and assessment of new properties.
Dr. Yang is bilingually fluent in English and Chinese (Mandarin), and a Chinese expatriate currently residing in Australia. He has excellent interpersonal skills and great understanding of the Chinese culture, which will assist the Company in achieving its vision in playing a significant role in China's coal production growth.
About the Changyun Coal Project
Located within the Bijie coal fields, Guizhou Province, the Changyun coal mine covers an area of 2.0954 sq. km with valid mining permits for a 150,000 MTPY coal mining operation, which may be expanded to 300,000 - 500,000 MTPY. Local historical reports (non-compliant with NI43-101) state that coal seams within the mine area are highly altered and would produce a low ash, low to medium sulphur (average 0.23%), and low-volatile (7-8% volatile matter) product, with high gross calorific value that ranges from 6400 to 7200 Kcal/kg. The thermal grade coal is suitable for power plant use. A ready market for production exists with the nearby power plants and other end users within Guizhou province.
In addition to the mine, Changyun has recently been provided with preferential rights to explore and develop a 20 sq. km of highly prospective exploration land surrounding the mine.
About Lucky Strike:
Lucky Strike Resources Ltd. is a Canada-based exploration stage company. The Company is engaged in the process of exploring and/or developing coal properties in Guizhou province in China. The Company also has property in Yreka, British Columbia, Canada. The Changyun coal project is a former past producing mine and is located some 25 km northeast of Bijie City in Guizhou province, approximately two hours north by air from Hong Kong. The permitted mine covers a total area of 2.0954 sq. km and is surrounded by approximately 20 sq. km of highly prospective exploration area, where available geological data supports the potential presence of significant coal resources of high quality Anthracite coal within the area. The local area has well established infrastructure for the Changyun project to resume production and coal buyers to pick up coal FOB at the mine site.
On behalf of Management
Lucky Strike Resources Ltd.
"Dodge Li"
Dodge Li, CEO & Director
The TSX-Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This news release may contain certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the Toronto Venture Exchange, the British Columbia Securities Commission and the US Securities and Exchange Commission.
Lucky Strike Resources Ltd.
Suite 860 - 605
Robson Street,
Vancouver, British Columbia,
Canada V6B 5J3
Tel: (778) 238-8199
Fax: (604) 669-6180
www.luckystrikeresources.com
Source: Lucky Strike Resources Ltd. (LKY TSX-V)
Maximum News Dissemination by Filing Services Canada Inc. *
www.usetdas.com
Tuesday, November 30, 2010
Mining Stocks; YALE (TSX-V: YLL) FINALIZES OPTION FOR THE LOS AMOLES PROPERTY, SONORA STATE
November 30, 2010 (Investorideas.com Mining stocks Newswire) - Yale Resources Ltd. (TSX-V: YLL and Frankfurt: YAB) is pleased to report that it has signed a formal Agreement with Natures Call Brands Inc. for the option to earn a 70% interest in Yale's wholly owned Los Amoles Property located in Sonora State, Mexico. Yale has received a total of US$ 50,000 and 200,000 shares in Natures Call.
To earn a 70 % interest in the Los Amoles property Nature's Call will be required to spend US$ 900,000 on exploration expenditures and issue a total of 1,000,000 shares to Yale over three years. The exploration expenditures required in the first year is $200,000 with $100,000 being a firm commitment having to be spent within the first six months.
Yale will be operator for at least the first year of the earn-in period and anticipates a work program to commence at Los Amoles early in 2011.
About the Guadalupe Property:
The Guadalupe property contains two historically significant mines and is located in one of Mexico's oldest mining districts, roughly 9 kilometres north of the Fresnillo (Proa�o) Mine, the world's richest underground silver mine, operated by Fresnillo plc. Roughly 11 kilometres to the southwest of the Guadalupe Property is the Juanicipio Joint Venture between MAG Silver Corp. and Fresnillo plc.
The Property contains greater than 20 known workings as well as two historic mines - Santa Rita and San Antonio. Historic records containing references to the Santa Rita and San Antonio mines suggest that both mines were important and reached their height of production between 1910 and 1920 but were last in production in the 1980s.
About Yale Resources:
Yale Resources is an exploration and development company concentrating in northwestern Mexico that is building value through project generation. Yale has three of its seven properties optioned out to value added partners. These agreements combine for minimum commitments of approximately US $1,100,000 of exploration expenditures over the next 12 months. Yale continues to work on its non-optioned properties as well as reviewing new projects with a focus on gold.
"Ian Foreman"
Ian Foreman, P.Geo.
President
To earn a 70 % interest in the Los Amoles property Nature's Call will be required to spend US$ 900,000 on exploration expenditures and issue a total of 1,000,000 shares to Yale over three years. The exploration expenditures required in the first year is $200,000 with $100,000 being a firm commitment having to be spent within the first six months.
Yale will be operator for at least the first year of the earn-in period and anticipates a work program to commence at Los Amoles early in 2011.
About the Guadalupe Property:
The Guadalupe property contains two historically significant mines and is located in one of Mexico's oldest mining districts, roughly 9 kilometres north of the Fresnillo (Proa�o) Mine, the world's richest underground silver mine, operated by Fresnillo plc. Roughly 11 kilometres to the southwest of the Guadalupe Property is the Juanicipio Joint Venture between MAG Silver Corp. and Fresnillo plc.
The Property contains greater than 20 known workings as well as two historic mines - Santa Rita and San Antonio. Historic records containing references to the Santa Rita and San Antonio mines suggest that both mines were important and reached their height of production between 1910 and 1920 but were last in production in the 1980s.
About Yale Resources:
Yale Resources is an exploration and development company concentrating in northwestern Mexico that is building value through project generation. Yale has three of its seven properties optioned out to value added partners. These agreements combine for minimum commitments of approximately US $1,100,000 of exploration expenditures over the next 12 months. Yale continues to work on its non-optioned properties as well as reviewing new projects with a focus on gold.
Ian Foreman, P.Geo., is Yale Resources' Qualified Person, as defined by National Instrument 43-101. The Tenoriba property is an early stage project with no reported resources that requires additional sampling and geological mapping to fully determine the project's potential.
All of the samples mentioned in this release were prepared and analyzed by Inspectorate at their labs in Hermosillo and Vancouver and generally consisted of 2-4 kg of material. Gold analyses were performed by 30 gram fire assay with an AA finish. Silver and base metals were analyzed as part of a multi-element ICP package using an aqua regia digestion; samples with more than 100 g/t silver, 1% copper, 1% lead and/or 1% zinc (over limit) were re-analyzed using Inspectorate's 'ore grade' detection limits.
On behalf of the Board,All of the samples mentioned in this release were prepared and analyzed by Inspectorate at their labs in Hermosillo and Vancouver and generally consisted of 2-4 kg of material. Gold analyses were performed by 30 gram fire assay with an AA finish. Silver and base metals were analyzed as part of a multi-element ICP package using an aqua regia digestion; samples with more than 100 g/t silver, 1% copper, 1% lead and/or 1% zinc (over limit) were re-analyzed using Inspectorate's 'ore grade' detection limits.
"Ian Foreman"
Ian Foreman, P.Geo.
President
For additional information on Yale Resources please call the Company at 604-678-2531.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Statements in this press release, other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.
Visit the YLL showcase profile at Investorideas.com
Request News and Info on YLL
Disclosure, Disclaimer/ YLL is a paid advertising client on Investorideas.com and our mining portals.
Request News and Info on YLL
Disclosure, Disclaimer/ YLL is a paid advertising client on Investorideas.com and our mining portals.
Gold Market Guide Helps Investors Preserve Purchasing Power While Avoiding Pitfalls New ebook, How to Buy Gold and Silver Today, by Jerry White, is for investors who are unfamiliar with the precious metals market. Available for download at www.how-to-buy-gold.us.
Pearl River, NY - November 30, 2010 (Investorideas.com Mining stocks newswire) - Investors who have little or no experience with precious metals now have a guide to help them avoid pitfalls when they buy gold and silver, thanks to the publication of a new book, How to Buy Gold and Silver Today, by Jerry White.
Published by TradersGame.com, a website for alternative investors, How to Buy Gold and Silver Today is a guide to buying appropriate forms of gold and silver for long-term investors who want to preserve their purchasing power and protect themselves against inflation and dollar devaluation.
"Gold and silver investors need a guide," said Victoria Tremper, publications manager of TradersGame.com, "because buying precious metals is more complicated than buying stocks or bonds. In their physical forms, they are heavy, valuable and need to be kept somewhere safe, while the tax consequences of a gold investment depend on the form you own, and only sometimes on how long you own it. Many investment advisors, because they lack experience with gold, can’t recommend appropriate forms to clients. Yet, once these issues are overcome, owning gold can provide security not available with other investments."
Jerry White, author of How to Buy Gold and SIlver Today, said, "I wrote this book to help ordinary investors take advantage of the opportunity to preserve their purchasing power without being taken advantage of themselves. There are many myths and misconceptions about gold and silver, some encouraged by the various sellers. Sellers include commodity brokers, securities brokers, coin dealers and mutual fund managers, all of whom offer ways for investors to buy precious metals. They compete with one another but with different compensation models. Investors will overpay unless they match the forms of gold and silver they buy with their investment goals. Then there are outright frauds and other sellers out to make a fast buck - especially telemarketers who make exaggerated, misleading or false claims. Emotional appeals can be costly for those without the experience to challenge them."
A downloadable ebook, How to Buy Gold and Silver Today, looks at the various ways that individuals can acquire gold, silver, platinum and palladium and analyzes the benefits and costs of each. Then it provides tables to help an investor create a diversified long-term investment portfolio that will meet his or her particular investment goals. It answers basic questions of investors in their dual quest for safety and profits such as these: What share of my investment portfolio should I put into precious metals? Is a gold ETF (exchange-traded fund) a safe way to buy? Are rare coins a good investment? How can I find a reliable dealer? Do I need to take physical delivery? Can I put my gold into an IRA? Will the US government confiscate my gold?
About the Author Jerry White
Not affiliated with a dealer or financial firm, author Jerry White has a background in precious metals trading, investing and consulting. As former trading manager of a major bullion dealer, he has bought and sold millions of ounces of precious metals. He gave his name to an international commodities brokerage firm and was involved in the over-stimulated silver market of 1979-80. As a consultant, White has advised refiners, wholesale coin dealers and Comex, the commodity exchange where precious metals are traded; and he developed derivatives trading and risk management software for some of the largest international banks.
About TradersGame.com
TradersGame.com is a website that provides tools for foreign exchange and precious metals traders and investors. It plans to publish additional books to help alternative investors cope with a challenging economic climate. More information, a description of the contents, and a sample of How to Buy Gold and Silver Today are available at www.how-to-buy-gold.us, where the book can be downloaded.
For more information
Contact: Jerry White 201-505-0005
Email: jerry@tradersgame.com
Website: www.how-to-buy-gold.us.
Published by TradersGame.com, a website for alternative investors, How to Buy Gold and Silver Today is a guide to buying appropriate forms of gold and silver for long-term investors who want to preserve their purchasing power and protect themselves against inflation and dollar devaluation.
"Gold and silver investors need a guide," said Victoria Tremper, publications manager of TradersGame.com, "because buying precious metals is more complicated than buying stocks or bonds. In their physical forms, they are heavy, valuable and need to be kept somewhere safe, while the tax consequences of a gold investment depend on the form you own, and only sometimes on how long you own it. Many investment advisors, because they lack experience with gold, can’t recommend appropriate forms to clients. Yet, once these issues are overcome, owning gold can provide security not available with other investments."
Jerry White, author of How to Buy Gold and SIlver Today, said, "I wrote this book to help ordinary investors take advantage of the opportunity to preserve their purchasing power without being taken advantage of themselves. There are many myths and misconceptions about gold and silver, some encouraged by the various sellers. Sellers include commodity brokers, securities brokers, coin dealers and mutual fund managers, all of whom offer ways for investors to buy precious metals. They compete with one another but with different compensation models. Investors will overpay unless they match the forms of gold and silver they buy with their investment goals. Then there are outright frauds and other sellers out to make a fast buck - especially telemarketers who make exaggerated, misleading or false claims. Emotional appeals can be costly for those without the experience to challenge them."
A downloadable ebook, How to Buy Gold and Silver Today, looks at the various ways that individuals can acquire gold, silver, platinum and palladium and analyzes the benefits and costs of each. Then it provides tables to help an investor create a diversified long-term investment portfolio that will meet his or her particular investment goals. It answers basic questions of investors in their dual quest for safety and profits such as these: What share of my investment portfolio should I put into precious metals? Is a gold ETF (exchange-traded fund) a safe way to buy? Are rare coins a good investment? How can I find a reliable dealer? Do I need to take physical delivery? Can I put my gold into an IRA? Will the US government confiscate my gold?
About the Author Jerry White
Not affiliated with a dealer or financial firm, author Jerry White has a background in precious metals trading, investing and consulting. As former trading manager of a major bullion dealer, he has bought and sold millions of ounces of precious metals. He gave his name to an international commodities brokerage firm and was involved in the over-stimulated silver market of 1979-80. As a consultant, White has advised refiners, wholesale coin dealers and Comex, the commodity exchange where precious metals are traded; and he developed derivatives trading and risk management software for some of the largest international banks.
About TradersGame.com
TradersGame.com is a website that provides tools for foreign exchange and precious metals traders and investors. It plans to publish additional books to help alternative investors cope with a challenging economic climate. More information, a description of the contents, and a sample of How to Buy Gold and Silver Today are available at www.how-to-buy-gold.us, where the book can be downloaded.
For more information
Contact: Jerry White 201-505-0005
Email: jerry@tradersgame.com
Website: www.how-to-buy-gold.us.
Subscribe to:
Posts (Atom)