Sunday, October 10, 2010

Oil and Gas Stocks Trading Alert for (OTCBB: AAPH), (OTCQB: USOG), (NYSE:CVX), (NYSE:NOV)

Oil and Gas Stocks Trading  Alert for (OTCBB: AAPH), (OTCQB: USOG), (NYSE:CVX), (NYSE:NOV)


Point Roberts, WA – October 10, 2010 (Investorideas.com Energy Newswire) - InvestorIdeas.com, leader in sector research for investors, reports on  Oil and Gas Stocks news and trading for Friday’s close for energy investors.

Oil and Gas Stocks include American Petro-hunter Inc (OTCBB: AAPH), United States Oil & Gas Corp (OTCQB: USOG), Chevron Corp (NYSE:CVX), and National Oilwell Varco, Inc (NYSE:NOV)

Sector Snapshot: (as of close Oct 8th)

American Petro-hunter Inc (OTCBB: AAPH) trading at $0.32
United States Oil & Gas Corp (OTCQB: USOG) trading at $0.0021 - 0.0026 on over 19 million
Chevron Corp (NYSE:CVX), trading at $83.94, up 0.42 (0.50%)  
National Oilwell Varco, Inc (NYSE:NOV) trading at 46.61, up 0.97 (2.13%)  

Market Snapshot:
Crude Oil Nov 10 83.13 +0.47 Crude Oil Nov 10
1d5d3m6m1y2y5ymax
Gold Oct 10 1,346.70 +3.80 Gold Oct 10
1d5d3m6m1y2y5ymax
Natural Gas Nov 10 3.64 -0.01 Natural Gas Nov 10
1d5d3m6m1y2y5ymax
RBOB Gasoline Nov 10 2.16 +0.01


Oil and Gas Stocks to Watch News

American Petro-hunter Inc (OTCBB: AAPH) Key Highlights and Recent Press

Latest News: October 4th
American Petro-Hunter Prepares NOJ26 for Commercial Oil Production at North Oklahoma Project

“American Petro-Hunter, Inc. is pleased to advise that the previously announced plans for completion of the NOJ26 well at the North Oklahoma Oil Project have commenced. Operations are now underway in order to prepare the well for commercial production. This includes the purchase of a pumping unit and tank battery which are currently undergoing installation at the well site.

Based on an assessment of the well and analysis of the oil shows, the partners have concluded to commence the completion program by first addressing the lower of the two 40 foot pay zones. The oil shale will be perforated, acidized and subsequently put on pump. The completion efforts will culminate in swab and flow testing of the oil bearing shale formation to determine what the zone can and will deliver on a BPD (barrel per day) basis. The Company is confident that based on strong oil shows and subject to fracture stimulation in the shale, the lower pay zone will produce at rates in excess of the No. 1 well which tested at 80 BPD under similar conditions. The upper pay zone directly above the shale at NOJ26 exhibited excellent oil shows and log responses and will be put into production following a period of evaluation in order to maximize the response from the shale..”

American Petro-hunter Inc. is a goal-oriented exploration and production (E&P) Company aiming to become an intermediate level oil and gas producer within 12 months. The Company is in production at the Poston Project in Trego County Kansas with new drilling activity and production underway at the North Oklahoma Oil Project. With the achievable target of becoming a 1000 BOE producer as our goal, American Petro-Hunter is actively on the "hunt" for domestic petroleum assets.




Visit the AAPH showcase profile on Investorideas.com to learn more:

American Petro-Hunter Inc., Key Highlights

-AAPH has acquired working interests in quality oil and gas projects currently focusing on gas in California and oil in Kansas
-AAPH has drilled a successful commercial well on its first endeavor in Kansas.
-AAPH has aligned itself with prudent, experienced and effective oil and gas professionals as project operators.
-AAPH bases its acquisitions on a mix of acceptable risk, high reward and short payback in historically successful and productive regions.
-AAPH plans to "grow by the drill bit" in "our back yard" as we believe the US Domestic oil and gas market will continue to grow in the face of alternative energy which is deemed to be years from maturity.
-AAPH has the stated aim of becoming a 500 BOE producer within 18 months.
-AAPH plans to invest in projects with manageable participation expenditures so as to minimize share dilution.
-AAPH strives to build stakeholder value by prudent management that integrates a "shareholder first" philosophy.
-AAPH will be open, honest and transparent on all projects so as to ensure stakeholders receive accurate, up-to-date project information on a consistent basis
-AAPH will be a good corporate citizen, ensuring our operations meet or exceed all regulatory standards for the environment
-AAPH plans to continue the "hunt for petroleum" as it believes the answer to our reliance on foreign energy is "right next door."


United States Oil & Gas Corp (OTCQB: USOG)

 Recent News: “United States Oil and Gas Corp is pleased to announce that as a result of its registration statement with the SEC becoming effective and remaining current in its required filings, its common shares are now trading on the OTC market for U.S. registered companies. The Company's ticker symbol, USOG, remains the same.”

About United States Oil & Gas Corp (OTCQB: USOG): United States Oil and Gas Corp is focused on acquiring and growing domestic oil and gas services companies. We target mid size family-run businesses with historically profitable results, strong balance sheets, high profit margins, and solid management teams in place. Our subsidiary, Turnbull, which had revenues of $14 million in 2009, was founded in 1965. We own all of the facilities and equipment used at our locations in Plainville, Utica, and Palco, Kansas. Our subsidiary, United, was founded in 2003, and sells and distributes refined oil and gas products including specialty racing fuels throughout North Dakota as well as regions of South Dakota and Montana. We own and operate a convenience store in Belcourt, and hold approximately six acres of developable land located in Bottineau, North Dakota.


Chevron Corp (NYSE:CVX)

About Chevron Corp (NYSE:CVX): Chevron is one of the world’s leading integrated energy companies, with subsidiaries that conduct business worldwide. The company’s success is driven by the ingenuity and commitment of its employees and their application of the most innovative technologies in the world. Chevron is involved in virtually every facet of the energy industry. The company explores for, produces and transports crude oil and natural gas; refines, markets and distributes transportation fuels and other energy products; manufactures and sells petrochemical products; generates power and produces geothermal energy; provides energy efficiency solutions; and develops the energy resources of the future; including bio-fuels. Chevron is based in San Ramon, Calif. More information about Chevron is available at http://www.chevron.com/.



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Disclaimer: The following American Petro-Hunter Inc news is paid for by third party on behalf of showcase energy stock AAPH (three thousand per month). Investorideas.com is a third party publisher of news and research .Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising.


For info on American Petro-hunter Inc (OTCBB: AAPH) contact the company IR directly.

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Source - Investorideas.com




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Wednesday, October 06, 2010

Gold Stocks; Sutter Gold (TSX VENTURE:SGM) Advances Closer to Production-Receives Agency Approval of Construction Documents for Mine Waste Disposal Units

Gold Stocks; Sutter Gold (TSX VENTURE:SGM) Advances Closer to Production-Receives Agency Approval of Construction Documents for Mine Waste Disposal Units


VANCOUVER, BRITISH COLUMBIA--(http://www.investorideas.com/ gold and mining stocks blog )  - Oct. 6, 2010) - Sutter Gold Mining Inc. (TSX VENTURE:SGM) ("Sutter" or the "Company") is pleased to announce that the Company has received regulatory approval of construction documents for two mining waste disposal units, key approvals required to develop and operate at the Company's Lincoln Project (the "Project") located in the historic Mother Lode Gold Belt of Amador County, California.
Regulatory Approval of Mining Waste Unit Construction Documents
As part of the Company's ongoing mine permitting and permit compliance initiatives, Sutter recently received approval from the California Regional Water Quality Control Board (RWQCB) of construction-level design documents for two permitted mine waste disposal units at the Company's Lincoln Mine Project located in California's Mother Lode Gold District of Amador County. Earlier this year, the Company submitted a design report including construction-level plans, specifications, and a construction quality assurance plan for the Waste Rock Pile (WRP) and Surface Fill Unit (SFU). Sutter is now permitted to use the WRP to store development rock from expansion of the underground workings at the Lincoln Mine during the development and production phases of the Lincoln Mine and is also permitted to use the SFU to dispose of a portion of the mill tailings during production phase of the Project. In addition, Sutter is permitted to dispose of the balance of the mill tailings in the underground workings.
This design submittal and approval are required by provisions of the Project's Waste Discharge Requirements (permit) and represent critical path achievements in obtaining the remaining permits required to develop and operate the Project. The Company is incorporating the approved designs into pending permit applications necessary to complete remaining permitting initiatives including wetlands and related permits, the Reclamation Plan, the NPDES Stormwater Permit and grading permits. For a description of other ongoing permitting initiatives, see Sutter news release from August 10, 2010.
43-101 Preliminary Assessment Update
The Company and its consultants are in the process of completing a NI-43-101 Preliminary Economic Assessment ("PEA") on the Project, see Sutter news release from August 10, 2010. The PEA is evaluating the design and development of an initial mining and milling operation focused only on the upper portion of the Lincoln-Comet deposit utilizing existing mine infrastructure in order to minimize development costs and timing. The PEA remains on track for completion and release in Q4 of 2010.
About Sutter
Sutter is a growth-oriented exploration and development company preparing to become a North American gold producer. The Company has two projects: the Lincoln Project located in the Mother Lode Gold Belt of California and the Santa Theresa Project located in the Northern Baja region of Mexico. Currently, the Company's primary focus is the evaluation and development of the Lincoln Project located on the California Mother Lode Gold Belt in Amador County. Sutter currently controls approximately 3.6 miles of the Mother Lode of Amador County, and with 90% of the property still unexplored, potential exists both at depth and along strike of the known mineralized zones. The 120-mile long Mother Lode Gold Belt produced over 13 million ounces of gold historically with 7.9 million ounces originating from the 10-mile long segment between Jackson and Plymouth where the Lincoln Project is strategically located. Properties under the Company's control include eight historic mines with significant historic gold production totaling over 3.5 million ounces or 27% of the historic gold production from the Mother Lode. Historic mines located north and south of the Lincoln Project in the Jackson to Plymouth segment of the Mother Lode successfully mined gold to depths of 4,500 and 6,300 feet, respectively.
In Mexico, Sutter holds the rights to the geologically similar, high-grade El Alamo district of northern Baja, where historic mining to the water table produced mined grades of 30 to 60 g/t gold. Initial exploration with its joint-venture partner, Premier Gold, has demonstrated the extension of high-grade veins.
ON BEHALF OF THE BOARD OF DIRECTORS:
James Crombie, President, CEO & Director
Sutter Gold Mining Inc.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For more information, please contact
Sutter Gold Mining Inc.
Robert Hutmacher
Chief Financial Officer
303 238 1438 ext. 22
bhutmacher@suttergoldmining.com
www.suttergoldmining.com

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Gold Stocks; GOLD BULLION (TSX-V: GBB) INCREASES PRIVATE PLACEMENT, GRANTS STOCK OPTIONS

Gold Stocks; GOLD BULLION (TSX-V: GBB) INCREASES PRIVATE PLACEMENT, GRANTS STOCK OPTIONS
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Vancouver - October 6 , 2010 (Investorideas.com Mining stocks Newswire) - Gold Bullion Development Corp. (TSX-V: GBB) (the "Company" or "Gold Bullion") has amended the terms of its recently announced non-brokered private placement (the "Private Placement") to increase the number of units offered for sale from 11,111,111 units to a maximum of 14,814,814 units, at a price of $0.54 per Unit, for gross proceeds of up to $8,000,000. All other terms of the Private Placement as disclosed in the Company's September 22, 2010 news release remain the same.
Proceeds of the Private Placement will be used for the development of the Company's Granada Gold Property in northwestern Quebec. The Private Placement will be subject to approval by the TSX Venture Exchange.
The Company has also granted incentive stock options to a director of the Company to purchase 900,000 common shares in the capital of the Company, exercisable at a price of $0.48 per share for a period of five years. All options are subject to a four month hold period and are granted in accordance with the terms of the Company's Stock Option Plan and the policies of the TSX Venture Exchange.
About Gold Bullion Development Corp.
Gold Bullion Development Corp. is a TSX Venture listed junior natural resource company focusing on the exploration and development of its Granada Gold Property near Rouyn-Noranda, Quebec, and its high grade Castle Silver Mine in Gowganda, Ontario.
For more information on Gold Bullion Development Corp. (TSX-V: GBB, OTC PK: GBBFF), visit our web site: http://www.goldbulliondevelopmentcorp.com/.
Qualified Person
The scientific and technical information in this release was prepared under the supervision of Mr. Frank J. Basa, P.Eng., Gold Bullion's CEO and President who is a member of the Ontario Association of Professional Engineers and a "qualified" person in accordance with National Instrument 43-101.
"Frank J. Basa"
Frank J. Basa, P.Eng.
President and Chief Executive Officer
For further information contact:
Frank J. Basa, P.Eng., President and CEO: 1-416-625-2342
Roger Thomas, Director: 1-613-292-2438
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
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Mining Stocks; YALE (TSX-V: YLL) Provides Update on Exploration Activities

Mining Stocks; YALE (TSX-V: YLL) Provides Update on Exploration Activities
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October 6, 2010 (Investorideas.com Mining stocks Newswire) - Yale Resources Ltd. (TSX-V: YLL and Frankfurt: YAB) is pleased to provide an update on the Company's latest exploration activities and the status of projects. The Company has recently finished working on multiple properties in advance of the upcoming drill program on the Guadalupe Property.
Tenoriba:
The initial work program at the recently acquired Tenoriba Project has been completed with the goal of following up on the Company's evaluation visit of the property. Company staff visited a total of six areas but concentrated on the La Verde and Moreno targets, which are the most advanced but have yet to be drilled.
In addition, the drill pads of each of the previous 15 drill holes drilled by the previous operator were visited with the goal of trying to understand the rational for their locations. It is now apparent that several holes were either drilled parallel to or away from surface exposures of mineralization.
Another of the primary goals of this initial work program was to confirm the presence of ‘vuggy silica' that had been mentioned in previous work. Vuggy silica is often an important texture in epithermal systems and can be associated with the higher grade core of these styles of mineralization. Vuggy silica has been confirmed in three target areas including the La Verde and Moreno targets (previously sampled on surface but not drilled). The third location with vuggy silica was tested with drill hole DH-07, which returned 45.90 grams per tonne gold over 1.9 metres at a down hole depth of 62.8 m (see news release dated July 27, 2010).
Samples have been submitted to the lab for analysis and results are anticipated in two to three weeks.
Dos Naciones:
38 samples from a recently completed field program at Dos Naciones have now been submitted to the lab for analysis. The samples are from a work program that concentrated on the La Josefina silver/lead target in the approximate centre of the property. Fieldwork was successful in identifying multiple new exposures of veins as well as a historic working that was previously unknown. The Josefina Target now consists of a series of at least six sub-parallel veins with the core of the silver/lead system having been traced along surface for approximately 600 metres along strike and over 250 metres wide.
This work was completed on behalf our partner Del Toro Silver Corp. who must spend a total of US $400,000 on the project before July 7, 2011. It is anticipated that additional work will be completed at Dos Naciones in the coming months.
Urique:
The Company has terminated the option agreement with American Sierra Gold Corp. for the Urique Property for failure to fulfill certain financial obligations as outlined in the agreement.
During the length of the agreement there were approximately US$ 350,000 spent as Expenditures related to the property and Yale received approximately US$ 110,000 in cash. In addition, Yale was able to purchase a 100% interest in the property as well as discover a significant new gold-rich zone within the El Rosario target utilizing funds provided by our partner.
The Urique Property is 100% owned and controlled by Yale and the Company will now be seeking another partner to advance the project further.
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 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"
Ian Foreman, P.Geo.
President
For additional information on Yale Resources please call the Company at 604-678-2531.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Statements in this press release, other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.
Contact:
Yale Resources
Cary Martin, 604-678-2531 ext. 223.
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Tuesday, October 05, 2010

Copper-molybdenum Stocks; Redhawk (TSX VENTURE:RDK) Intersects Significant Mineralization in New Targets at Copper Creek

Copper-molybdenum Stocks; Redhawk (TSX VENTURE:RDK) Intersects Significant Mineralization in New Targets at Copper Creek


VANCOUVER, BRITISH COLUMBIA--(http://www.investorideas.com/ gold and mining stocks blog)- Oct. 5, 2010) - Redhawk Resources, Inc. (TSX VENTURE:RDK)(FRANKFURT:QF7) -
  • Drill Hole REX 10-046 intersected 13.5 feet of 0.85% Cu and 4 feet of 1.59% Cu
  • Three additional rotary pre collar holes are complete
  • Diamond drilling has started on the second hole
  • Targets are 1 to 2 km away from the known porphyry style resources
Redhawk Resources, Inc. ("Redhawk" or the "Company") is pleased to announce that is has successfully intersected significant mineralization in its first district exploration drill hole designed to test new target areas and concepts in areas with no previous drilling. The first hole encountering this mineralization is over one kilometer from the nearest defined resource on the Copper Creek property, indicating the potential for significant expansion within the district. The mineralization is of particular importance as it is contained in mafic host rocks that in many well known porphyry systems such as Resolution and Sierra Gorda have been shown to have resource grades substantially higher than the main intrusive body.
Copper Creek covers approximately seven square miles. Almost all drilling to date has been focused on approximately 20% of the property and has resulted in a substantial resource hosted in intrusive rocks. As announced in May 2010, the Company is undertaking a five hole drill program on previously untested areas in the Copper Creek District with potential to host higher grade mineralization in mafic host rocks, such as andesite, diabase and gabbro in addition to the intrusive. All new areas being explored are well removed from the current resources and historical district exploration holes. The intent of the program is to show the upside potential for larger and additional resources in the entire district as well as higher grade resources in different host rocks.
The first hole of the five hole program is hole REX-10-046 which was drilled in the SW portion of the property approximately 3200 feet (~1000 meters) from the nearest resources and 1700 feet (~520 meters) from the nearest historical drill hole. Based on still incomplete assays from this hole, the better drill intercepts are listed below.
Hole IDFrom feetTo feetInterval feetCu%Mo%Ag opt
REX-10-04631743197230.320.0010.05
 3562356750.620.0050.08
 3580.5359413.50.850.0010.14
Including3590359441.590.0010.24
 3715372270.580.0330.11
REX-10-046 was drilled vertically with rotary from 0 to 953 feet and core from 953 to the total depth of 3956.5 feet (1206 meters). True thicknesses have not been determined. The first two intercepts shown above are contained in andesitic volcanics and confirm the potential for the mafic rocks in the district to host significant and possibly economic mineralization. Redhawk believes this first drill hole has demonstrated a vastly increased area within the district, outside current resource areas, with excellent exploration potential and which to date has had little or no historical drilling.
Joe Sandberg, President of Redhawk stated: "We have successfully achieved one of the primary goals of this drilling program in that the first hole of our five hole program has proven our concept of mineralization in higher grade host rocks and in different formations than our existing resources. The magnitude of the potential at Copper Creek increases dramatically when you consider that this first hole is over 1,000 meters from our current 43-101 resource which is contained in an area measuring approximately 1,275 by 750 meters. The remaining four holes on this exploratory expansion program have the same focus but are in different areas well away from the historically explored portion of Copper Creek."
Three additional exploration holes have been pre-collared with rotary drilling and a fourth is in progress. One rotary pre-collar hole is currently being deepened with core drilling and the others are scheduled for deepening with core drilling.
R. Joe Sandberg, CPG, Redhawk's President, CEO and a Qualified Person under the meaning of NI 43-101, is responsible for the technical content of this news release.
All core samples are picked up on site by Redhawk geologists or delivered by the drillers to Redhawk personnel. All samples are delivered by Redhawk personnel to ALS Laboratory Group ISO 9001:2000 & ISO 17025 in Elko, NV or Reno, NV for assay or to Jacobs Assay Office Registered Assayers in Tucson, AZ for sample preparation to pulps and shipped by Jacobs using UPS to ALS in Reno, NV. Check assay standards are submitted with assay jobs, and reviewed for accuracy.
About Redhawk
Redhawk is a Canadian-based resource exploration and development company with primary focus on the accelerated development of its advanced stage Copper Creek copper-molybdenum project in San Manuel, Arizona.
The 100% owned Copper Creek property consists of approximately seven square miles of almost totally contiguous patented and unpatented mining claims and state prospecting permits, located about 70 miles northeast of Tucson, Arizona and about 15 miles east of San Manuel. The property is in the prolific southwest US porphyry copper belt at the projected intersection of a major northwest belt of porphyry copper deposits or mines (Ray, Miami/Globe, Superior/Resolution, Johnson Camp) and a major east-northeast belt of porphyry deposits (San Manuel/Kalamazoo, Silver Bell, Lakeshore, Safford, Morenci). The property is within sight of the former BHP Kalamazoo/San Manuel copper smelter and mine and within 30 miles of an existing operating copper smelter. The area is a mining friendly and politically secure location with excellent and readily accessible infrastructure.
ON BEHALF OF THE BOARD
"R. Joe Sandberg"
R. Joe Sandberg, President & CEO
The forward-looking information contained in this press release is made as of the date of this press release and, except as required by applicable law, Redhawk does not undertake any obligation to update publicly or to revise any of the included forward-looking information, whether as a result of new information, future events or otherwise. By its very nature, such forward-looking information requires Redhawk to make assumptions that may not materialize or that may not be accurate. This forward-looking information is subject to known and unknown risks and uncertainties and other factors, which may cause actual results, levels of activity and achievements to differ materially from those expressed or implied by such information.


Neither TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

For more information, please contact
Redhawk Resources, Inc.
J. Stephen Barley
Managing Director
604.633.5088
inquiries@redhawkresources.com
www.redhawkresources.com
or
Redhawk Resources, Inc.
Tasso Baras
Investor Relations
604-738-3882 or Toll Free: 1-877-738-3882

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Mining Stocks; Avrupa Minerals (TSX VENTURE:AVU)Commences Work at Covas Tungsten Project in Portugal

Mining Stocks; Avrupa Minerals (TSX VENTURE:AVU)Commences Work at Covas Tungsten Project in Portugal


VANCOUVER, BRITISH COLUMBIA--(http://www.investorideas.com/ gold and mining stocks blog )  - Oct. 5, 2010) - Avrupa Minerals Ltd. (TSX VENTURE:AVU) is pleased to announce the commencement of fieldwork to upgrade their Covas tungsten project in northern Portugal, near the border town of Caminha. The work plan consists of collecting and geochemically analyzing 250-300 soil samples located in a 3.5 x 2.0 kilometer grid covering the project area.
The Covas project consists of a ring of wolframite- and scheelite-bearing skarn deposits surrounding an uplifted complex of multiple granitic intrusive bodies covered by metamorphosed sedimentary rocks. Known high grade skarn mineralization is located in a specific limey stratigraphic horizon that surrounds the intrusion complex, known as the Covas Dome. The source of tungsten skarn mineralization is probably related to emplacement of one or more of the intrusive bodies. Two intersecting, regional structural features, one trending north-northwest and one trending northwest, control the emplacement of the intrusions, and thus, along with favorable host rocks, the location of skarn mineralization.
Previously, from 1951 to 1974, the skarn deposits were partially exploited by two separate mining companies in the form of two small open pits and one underground working. Records indicate that 366,170 metric tonnes, at a grade of 0.61% WO3, were mined during this period. Scattered, non-systematic exploration by numerous companies and government organizations was performed in the skarn district from the 1920's until 1982. Various companies, particularly Union Carbide, completed 329 drill holes, totaling 26,403 meters, in the skarn zone, but tested less than 40% of the skarn target area. Due to difficult access and dense vegetation, virtually no exploration has been completed in the Covas Dome area, where the potential for discovery of large tonnage, bulk-mineable tungsten mineralization is good.
In a 1980 report, Union Carbide estimated the total "reserve of indicated and inferred ore" at Covas in eight separate skarn bodies, including dilution, to be 1,001,900 mt @ 0.67% WO3, with a 2:1 scheelite to wolframite ratio. However, this is historical information and is not a NI-43-101 compliant resource, though the company estimate of indicated and inferred mineral resources was supported by an outside, independent evaluation at the time of the report.
Prior to purchase of the Covas property by Avrupa Minerals, the previous operator, Metallica Mining, using geological mapping, structural analysis, rock/soil/stream geochemistry, and ground magnetometry, identified up to 13 potential drilling targets in the skarn ring zone and accessible parts of the Dome area. The present work by Avrupa is directed towards the discovery of bulk-mineable tungsten mineralization in the Covas Dome. The soil grid will cover the entire dome and much of the skarn ring target area. Multi-element analyses for tungsten and other related elements will be completed by an accredited laboratory in Canada. Completion of the sample collection portion of the program is expected by late October, with results returning towards the end of November.
Avrupa Minerals is actively seeking a mining partner to help further the program and fully develop the potential of the property. Rising tungsten prices and short supply of the metal in Europe make the Covas tungsten project attractive for potential joint venture. The price of tungsten has increased by some 30% since mid-2009, and the European Union has recently published a report which describes tungsten as one of 14 critical raw materials due to their high relative economic importance and high relative supply risk.
Paul W. Kuhn, MSc, PGeo in the State of Washington, USA, President and CEO of Avrupa Minerals Ltd., and a qualified person as defined by Canadian National Instrument 43-101, has reviewed and approved the technical information contained in this announcement.
Avrupa Minerals Ltd. is a growth-oriented junior exploration and development company focused on aggressive exploration, using a prospect generator model, for valuable mineral deposits in politically stable and prospective regions of Europe, including Portugal and Kosovo.
Avrupa has an exciting portfolio of exploration projects consisting of:
  • Copper and Zinc in Portugal at Marateca, Alvalade, Canal Caveira, and Ferreira do Alentejo in the Iberian Pyrite Belt, where Europe's richest active copper mine is located;
  • Tungsten in Portugal at the Covas prospect;
  • Silver, Lead and Zinc in Kosovo at the Glavej and Kamenica properties in the Trepca Mineral Belt of the Vardar Zone, historically, Europe's most productive district for lead and zinc.
On behalf of the Board,
"Paul W. Kuhn"
Paul W. Kuhn, President & Director


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.

For more information, please contact
Avrupa Minerals Ltd.
Paul W. Kuhn
President & Director
604-687-3520
604-688-3392 (FAX)


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Gold Stocks;AMI Resources Inc. (TSX.V:AMU) - New gold targets identified

Gold Stocks; AMI Resources Inc. (TSX.V:AMU) - New gold targets identified

Vancouver, B.C. - October 5, 2010 (Investorideas.com Mining Stocks Newswire) - The Company (AMI Resources Inc. - TSX-V Symbol AMU) has received from Newmont Ghana Gold Limited, a subsidiary of Newmont Mining Corporation (NYSE:NEM) an update on exploration activities with respect to Newmont’s option to earn into AMI’s Anuoro license in Ghana, West Africa.

A total of 715 soil samples were collected in the month of September to conclude the initial phase of soil sampling. A new parallel soil anomaly with maximum Au in soil value of 410 ppb and measuring, at least 1.6 km long by 0.3 km wide has been identified on the license. Infill soil lines are planned. A number of blocks of ground IP/Resistivity surveys will be conducted over both the old and new soil anomalies. This should contribute in mapping out potential mineralized structures and also better define drill targets.
Newmont has also completed 25 Reverse Circulation drill holes totaling 2,300m over untested soil anomalies which lie outside of the NI43-101 compliant 100,000 ounce Mineral Resource identified by AMI on the Anuoro North Prospect. Significant drill results from these recent holes drilled by Newmont are as follows:
Hole_Id  From  To  Width meters  Grade g/t Au
ANRC017  54.0  64.0  10.0 1.14
ANRC017  69.0  89.0  20.0 1.60
ANRC019  18.0  22.0  4.0 3.50
ANRC021  46.0  48.0 2.0 7.20
ANRC022  38.0  40.0 2.0 2.80
ANRC024  38.0  54.0 16.0 0.70
The results from this initial drill program look promising. Gold mineralization appears to be associated with pinkish feldspar and sericite alteration plus disseminated pyrites within granodioritic rocks as well as quartz veining in the Tarkwaian/Birimian sediment contact.
The Anuoro License covers 126 sq km on the Ashanti Shear and is approximately 25 km to the northwest Newmont’s Akyem gold deposit (7.7 million ounces in reserves as of the end of 2009). 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.
Simon Meadows-Smith, SEMS Exploration Services Ltd. a consulting geologist to AMI is a qualified person within the meaning of NI43-101 and has reviewed the scientific and technical information contained in this press release.
We seek safe harbour.
Contact: Dustin Elford, President (604) 669-2901
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Monday, October 04, 2010

Mining Stocks; Goldcliff Resource Corporation (TSX VENTURE:GCN) : Copper Mountain Exploration in Progress

Mining Stocks; Goldcliff Resource Corporation (TSX VENTURE:GCN) : Copper Mountain Exploration in Progress


VANCOUVER, BRITISH COLUMBIA--(http://www.investorideas.com/ gold and mining stocks blog - Oct. 4, 2010) - George W. Sanders, President of Goldcliff Resource Corporation (TSX VENTURE:GCN), reports that exploration work on the Copper Mountain-Tulameen project is in progress. On the Goldcliff holdings, three porphyry exploration targets have been identified that contain copper and gold mineralization similar to the Copper Mountain ore deposits. These targets require detailed ground exploration to establish drill target priority. The exploration work in progress will determine which target will be ready to drill for the next copper-gold porphyry deposit in the Princeton Copper-Gold mining district.
Goldcliff's field work is focused on the Whipsaw, Lamont and 15 Mile target areas. The Whipsaw target contains three copper showings. The Lamont target contains five copper showings and one copper-gold showing. The 15 Mile target contains silica-carbonate alteration areas associated with strongly anomalous stream sediment gold and silver values. The historic data has been geo-referenced to the geographic coordinate system (UTM-GPS) and the copper showings are being investigated for ground-truthing.
The Princeton Copper-Gold mining district hosts the historic Copper Mountain mine, which contains copper-gold porphyry-type ore. Copper Mountain Mining Corporation is restarting the mine and is currently in the construction phase. The historical production from the ore was 1.7 billion pounds of copper, 8.4 million ounces of silver and 0.62 million ounces of gold. Current measured and indicated resources are 518.6 million tons of 0.31% Cu containing 3.2 billion pounds of copper with gold-silver credits. The project is 75 per cent-owned by Copper Mountain Mining Corporation and 25 per cent-owned by Mitsubishi Materials Corporation.
The Goldcliff multi-sensor airborne geophysical survey indicates that the intrusive suite hosting the Copper Mountain deposits extend to the southwest through the Goldcliff claim block. Recent mapping by BC Geological Survey confirms that the prospective geology extends onto the Company holdings. This geologic mapping, together with the historical data, provides strong evidence of structural settings that are similar to Copper Mountain ore deposition. The Airborne geophysical signatures also indicate conductivity and alteration patterns consistent with porphyry-style mineralization at Copper Mountain.
The Goldcliff Copper Mountain-Tulameen project is a contiguous block of 56 mineral claims totalling 25,387 hectares. The claims were acquired by staking and are 100 per cent-owned by Goldcliff. The project area has established infrastructure, with the town of Princeton, British Columbia, Canada, as the centre of commercial activity. The project is situated west of Highway 3, a major route in the province of British Columbia, and contains abundant access roads. The project also has water and access to electrical power.
Leonard W. Saleken, PGeo (geologist), is the qualified person as defined by National Instrument 43-101 who supervised the preparation and verification of the technical information in this release.
GOLDCLIFF RESOURCE CORPORATION
George W. Sanders, President, Director


Neither TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or the accuracy of this news release, gcnnews201011

For more information, please contact
Goldcliff Resource Corporation
George W. Sanders
President
250-764-8879 or Toll Free: 1-866-769-4802
250-764-8879 (FAX)
sanders@goldcliff.com or info@goldcliff.com
http://www.goldcliff.com/


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Gold Stocks; BCGold Corp. (TSX VENTURE:BCG) Expands Land Position at Engineer Gold Mine Property, B.C.

Gold Stocks; BCGold Corp. (TSX VENTURE:BCG) Expands Land Position at Engineer Gold Mine Property, B.C.


VANCOUVER, BRITISH COLUMBIA--(http://www.investorideas.com/ gold and mining stocks blog) - Oct. 4, 2010) - BCGold Corp. (TSX VENTURE:BCG) (the "Company") is pleased to announce that it has signed an option agreement with Guardsmen Resources Inc. ("Guardsmen"), a private company registered in British Columbia, to acquire a 100% interest in Guardsmen's Gold Hill Property.
The Gold Hill Property partially surrounds BCGold Corp.'s historic Engineer Mine Property, situated 32 kilometres west of Atlin, B.C., and consists of 5 mineral claims (2,104 hectares), which include the Happy Sullivan high-grade gold epithermal prospect and a 2.2 kilometre long segment of the highly prospective Shear Zone "B" structure. (See Figure 1 attached)
This agreement, subject to TSX Venture Exchange (the "Exchange") approval, gives BCGold Corp. the option to earn a 100% interest in the Gold Hill Property over 4 years by issuing 100,000 BCGold Corp. common shares to Guardsmen within 5 days of Exchange approval, making $100,000 in staged cash payments to Guardsmen, and incurring $500,000 in exploration work the Gold Hill Property. Guardsmen retains a 2.5% net smelter return on the Gold Hill Property, which can be reduced to 0.5% by BCGold Corp. for a price of $1.5 million.
BCGold Corp. intends to conduct a property-wide soil geochemical survey on the Gold Hill Property in 2011 to target narrow-vein and bulk tonnage, shear-related gold mineralization.
High-grade and Bulk Tonnage Gold Potential
The Gold Hill Property overlays a north trending silicified shear zone (Shear Zone "B"), which measures up to 24 metres wide and extends from the northern portion of the Gold Hill Property (Happy Sullivan claim) and 3 kilometres southward, on to BCGold Corp.'s Engineer Mine Property.
The Company considers Shear Zone "B" and associated splays and fault intersections to offer excellent high-grade and bulk tonnage gold exploration potential.
"The Gold Hill Property acquisition exemplifies BCGold Corp.'s commitment to the Engineer Mine Camp", stated Brian P. Fowler, P. Geo., President and Chief Executive Officer of BCGold Corp. "The Company can now take a much broader view of the Engineer Mine gold mineralizing system and better explore its outer reaches and depth extent."
Previous Exploration Results at Gold Hill/Happy Sullivan
The Happy Sullivan prospect was explored for high-grade gold in the early 1930's by two adits and several trenches. A grab sample from a nearby quartz dump reportedly assayed 323.6 grams/tonne gold and 226.2 grams/tonne silver (British Columbia Minister of Mines Annual Report 1933, p. 81).
In Guardsmen's 2006 Prospecting and Geochemical Survey Report on the Happy Sullivan Property (http://guardsmenresources.com/TEXT/Property_Text/Engineer/Happy%20Sullivan%202007%20Assessment%20Report.pdf) the following is reported:
  • Shear Zone "B" contains abundant vuggy quartz veins up to one metre wide with up to 10% disseminated arsenopyrite, pyrite, electrum and gold. 
  • A 2001 trench sample from the Happy Sullivan prospect averaged 1.8 grams/tonne gold across 15 metres. 
  • A number of other high-grade veins and gold showings, including the historic Sweepstake vein which measures up to 7.6 metres wide, occur peripheral to Shear Zone "B".
About the Engineer Mine Property
BCGold Corp. has an option to earn 100% interest in the Engineer Mine Property.
Engineer Mine was a high-grade gold producer that peaked in the mid-1920s and ceased production in the early 1930s, primarily due to water ingress issues. More than 560 kilograms of gold and 278 kilograms of silver were officially produced at realized grades exceeding 39 g/t gold and 20 g/t silver, respectively, from high-grade epithermal quartz-carbonate veins on six mine levels. The presence of visible gold was the primary method of identifying and following ore shoots in the veins.
Phase II Underground Drilling at Engineer Mine
BCGold Corp. is currently conducting a second phase of underground drilling at the Company's historic high-grade gold Engineer Mine. Phase II drilling is directed at further defining the geometry of high-grade gold shoots in the Engineer and Double Decker veins and upgrading and increasing the current potential mineral target at Engineer Mine to an National Instrument 43-101 compliant mineral resource estimate.
About BCGold Corp.
BCGold Corp. (TSX VENTURE:BCG) is a Vancouver-based junior resource company focused on copper and gold exploration in under-explored, historic and emerging mining districts in British Columbia and Yukon. BCGold Corp. acquires and develops conceptual, early and mid-stage exploration opportunities and advances them towards resource development by using internal expertise, engaging preferred joint venture partners and creating strategic alliances with major exploration and mining companies.
Bruce Coates, P.Geo., geological consultant and a qualified person for the purposes of National Instrument 43-101, has reviewed and approved the information of a scientific or technical nature contained in this news release.
On behalf of the Board of Directors,
Brian P. Fowler, P. Geo., President & CEO
Some statements in this news release contain forward-looking information. These statements include, but are not limited to, statements with respect to future payments, expenditures and unit issuances and exploration, development and production activities. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include, among others, the timing of future payments, expenditures and unit issuances and the timing and success of future exploration, development and production activities.


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.

For more information, please contact
BCGold Corp.
Investor Relations
604-646-1589
info@bcgoldcorp.com
www.BCGoldcorp.com


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Sunday, October 03, 2010

Gold Stocks; North Country Gold (TSX VENTURE:NCG) Grants Stock Options

Gold Stocks; North Country Gold  (TSX VENTURE:NCG) Grants Stock Options


EDMONTON, ALBERTA--(http://www.investorideas.com/ gold and mining stocks blog )  - Oct. 1, 2010) - North Country Gold Corp. (TSX VENTURE:NCG) ("North Country" and the "Company") today announced that the Company's Board of Directors has granted stock options to acquire up to an aggregate 5,750,000 common shares of North Country under the Company's stock option plan, of which 4,550,000 were granted to officers and directors. The stock options are exercisable at a price of $0.47 per common share.
About North Country Gold Corp.
North Country Gold Corp. controls one of the largest under explored greenstone belts within Canada, and has numerous drill ready high grade gold targets, in addition to those at Three Bluffs. The gold-rich Committee Bay Greenstone Belt is located approximately 300 kilometers north of Baker Lake within Nunavut Territory, Canada. North Country Gold Corp. is currently the 100% beneficial owner of the mineral rights to approximately 557,323 acres (225,569 hectares) of land comprising 216 active mineral claims and 14 mineral leases.

The Three Bluffs Gold Project currently hosts an indicated resource of 508,000 ounces (2,700,000 tonnes at 5.85 g/t Au) and an additional inferred resource of 244,000 ounces (1,270,000 tonnes at 5.98 g/t Au) at the Three Bluffs Deposit which remains open to the west and to depth. The deposit occurs at the eastern end of a package of auriferous iron formation bearing supracrustral rocks (Walker Lake Trend) that has been traced at least five kilometers west which the 2010 drilling indicates may be continuously mineralized. North Country Gold Corp. believes that significant potential exists along the Walker Lake trend and has developed a strategy to indentify additional near surface open-pittable gold resources along the strike length of the trend, which will incrementally add to the existing high grade resource inventory underpinned by the Three Bluffs Deposit.
North Country Gold Corp. is a member of the Discovery Group of companies, for more information on the group visit http://www.discoveryexp.com/.
On behalf of the Board
North Country Gold Corp.
 /s/"John Williamson"
For more information on North Country Gold, please visit the company's website: http://www.northcountrygold.com/.
This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address exploration drilling, exploitation activities and events or developments that the Company expects are forward looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and title and delays due to third party opposition, changes in government policies regarding mining and natural resource exploration and exploitation, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, investors should review the Company's continuous disclosure filings that are available at http://www.sedar.com/.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For more information, please contact
North Country Gold Corp.
Brian Budd
Director of Corp. Development
604-646-4525
brianb@northcountrygold.com
http://www.northcountrygold.com/


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