Thursday, October 14, 2010

Mining Investor News; Indigo (TSX VENTURE:IXI) Commences Work on Moule Gold Permit in Burkina Faso

Mining Investor News; Indigo (TSX VENTURE:IXI) Commences Work on Moule Gold Permit in Burkina Faso



VANCOUVER, BRITISH COLUMBIA--(http://www.investorideas.com/ gold and mining stocks blog ) - Oct. 14, 2010) - Indigo Exploration Inc. (TSX VENTURE:IXI) reports that it has started a comprehensive fall 2010 sampling exploration program on its Moule Gold Permit in Burkina Faso, West Africa, in preparation for drilling expected to follow next month. The program will consist of rock and soil sampling and trenching focused in areas that previously graded greater than 1 g/t Au. Results of the sampling program will be used to optimize and rank the sequence of the multiple drill targets.
The Moule Gold Permit covers 249 square kilometres of prospective Birimian greenstone geology. Much of West Africa is underlain by the Birimian Greenstone Belt, one of the most prolific gold producing areas in the world.
Past and current artisanal workings are scattered over the entire Moule permit. To date, there has been property-wide mapping and sampling of quartz veining and quartz float. Previous explorers subsequently focussed their efforts in a 7 kilometre by 6 kilometre area with a soil grid, detailed mapping and local induced polarization (IP) survey. Rock sampling on this grid returned 46 of 480 grab samples with gold values between 1 g/t Au and 16.5 g/t Au. Multiple long and wide linear targets are evident within the grid. One target is a 500 metre wide northwest trending corridor, traceable for at least 1.6 kilometres, where multiple shear zones and parallel multiple quartz float trends have coincident chargeability, elevated gold soil anomalies and local artisanal workings. A second target is a 2.5 kilometre long linear gold soil anomaly with coincident quartz float, chargeability high and local artisanal workings. A third target is a 0.8 kilometre long trend of quartz veining which can swarm to at least 50 metres wide, where grab samples reached a high of 7 g/t Au. In addition, other quartz trends on the property with elevated gold values in soils and rocks and local artisanal workings are worthy of future attention. Indigo geologists have identified multiple prospective targets for bulk tonnage gold systems, based on the artisanal workings combined with previous sampling programs.
Indigo plans an initial program of rock sampling, trenching and soil geochemistry over selected quartz trends to optimize drill targets. A phase one combination air core/reverse circulation drilling program up to 5,000 metres is scheduled for late November.
Indigo is earning a 100% interest, subject to a 1.5% Net Smelter Return (NSR) royalty in the Moule Gold Permit by making cash payments totalling US$410,000 over 3 years. Indigo retains the right to purchase the entire 1.5% NSR for US$1,800,000.
About Burkina Faso
The Moule property lies in the West African nation of Burkina Faso. Much of West Africa is underlain by the Birimian Greenstone Belt, one of the most prolific gold producing areas in the world. Many of the world's major gold companies are active in West Africa, several with producing mines, including: IAMGOLD Corporation, AngloGold Ashanti Limited, Randgold Resources Limited, Gold Fields Limited and Newmont Mining Corporation. Burkina Faso is politically and economically stable and relies on farming and mining as its primary sources of revenue.
In other news, Simon Tam has stepped down as a director. The board would like to extend their appreciation to Simon for his contributions to the Company.
On Behalf of the Board of Directors,
R. Tim Henneberry, P.Geo., President and CEO
Paul Cowley, P.Geo., Director of Indigo Exploration Inc., is the Qualified Person as defined in National Instrument 43-101, who has reviewed and approved the technical content of this news release.
Forward-Looking Statements
This press release contains forward-looking statements. All statements, other than statements of historical fact, constitute "forward-looking statements" and include any information that addresses activities, events or developments that the Company believes, expects or anticipates will or may occur in the future including the Company's strategy, exploration plans or future financial or operating performance and other statements that express management's expectations or estimates of future performance.
Forward-looking statements are generally identifiable by the use of the words "may", "will", "should", "continue", "expect", "anticipate", "estimate", "believe", "intend", "plan" or "project" or the negative of these words or other variations on these words or comparable terminology. All such forward-looking information and statements are based on certain assumptions and analyses made by the Company's management in light of their experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances. These statements, however, are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed, implied by or projected in the forward-looking information or statements. Important factors that could cause actual results to differ from these forward-looking statements include but are not limited to: risks related to the exploration and potential development of the Company's projects, risks related to international operations, the actual results of current exploration activities, conclusions of economic evaluations, changes in project parameters as plans continue to be refined, future prices of gold, as well as those factors discussed in the sections relating to risk factors of the Company set out in the Company's MD&A filed on SEDAR.
There can be no assurance that any forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader should not place any undue reliance on forward-looking information or statements. Except as required by law, the Company does not intend to revise or update these forward-looking statements after the date of this document or to revise them to reflect the occurrence of future unanticipated events.

Neither the TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.
For more information, please contact
Indigo Exploration Inc.
Tim Henneberry
(604) 681-3422

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Mining Stocks; Goldeye (TSX VENURE:GGY) Commences New Drilling Program at Shining Tree-10,000 Metres Planned

Mining Stocks; Goldeye (TSX VENURE:GGY) Commences New Drilling Program at Shining Tree-10,000 Metres Planned


TORONTO, ONTARIO--(http://www.investorideas.com/ gold and mining stocks blog)  - Oct. 14, 2010) - Goldeye Explorations Limited (TSX VENURE:GGY) ("Goldeye" or the "Company") is pleased to announce that the diamond drilling contract for the 10,000 metre program has been signed for the Company's Tyrrell properties in the Shining Tree area of Ontario.
The drilling is planned to start on October 15, 2010, with 5,000 metres slated to be completed before Christmas. The entire program is expected to consist of approximately 30 holes and will test and expand the gold mineralization associated with, and adjacent to the Tyrrell Shear Zone ("TSZ").
In addition to the drilling program, Goldeye is exploring a substantial portion of the southern part of its main Tyrrell block with the establishment of a 100 kilometer grid. Geologic mapping, prospecting, soil sampling and geophysics (magnetics and induced polarization) will be employed to provide the initial set of targets for trenching and diamond drilling. Mineralized structures related to and subparallel with the TSZ will receive particular attention.
ABOUT GOLDEYE
Goldeye is a Canadian gold-focused exploration company with properties in mineral rich, politically secure jurisdictions with long traditions of mining (Canada and Chile). Goldeye's approach is to advance precious metal deposits to the development stage, employing, in part, technically advanced geophysical techniques and occasionally joint venture funding. The qualified person (within the meaning of National Instrument 43-101) who read and approved this press release for Goldeye is Blaine R. Webster President and C.E.O. of Goldeye.


For more information, please contact
Goldeye Explorations Limited
Blaine Webster
CEO
(905) 731-9367 or (905) 886-2538
bwebster@goldeye.ca
http://www.goldeye.ca/


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Wednesday, October 13, 2010

Gold Stocks News; Lake Victoria (OTCBB:LVCA) Reports Encouraging Gold Assays From Singida-Londoni Gold Project, Tanzania

Gold Stocks News;  Lake Victoria  (OTCBB:LVCA) Reports Encouraging Gold Assays From Singida-Londoni Gold Project, Tanzania


GOLDEN, COLORADO--(http://www.investors.com/  gold and mining stocks )  - Oct. 13, 2010 - Lake Victoria Mining Company, Inc. ("Lake Victoria" or the "Company") (OTCBB:LVCA) is pleased to report initial drill results from the Sambaru 3, 4 and 5 prospect areas within the Singida-Londoni gold project, Tanzania. Drill intercepts include: 13.91 g/t Au over 4 meters; 16.80g/t Au over 2 meters; 23.6g/t Au over 1 meter; 4.14g/t Au over 5 meters and 1.15 g/t Au over 21 meters.  A number of higher grade zones are included in these intervals and are listed in Table 1; a tabulation of the new results is expected to be posted in the near future on the Lake Victoria corporate website.
 Table 1.Summary of Reverse Circulation Drill Results from Sambaru 3, 4 and 5
  Total Depth   *North *East Azimuth Declin. From To Interval Grade
Hole No. (m) Section Co-ord Co-ord (deg) (deg) (m) (m) (m) Au g/t
Sambaru 3                    
SGRC0004 80 2580W 9412284 727015 40 -55 2 7 5 4.14
SGRC0008 93 2500W 9412254 727088 40 -60 31 38 7 1.78
            and 44 65 21 1.15
            and 75 78 3 2.17
                (including 1 meter @ 5.39g/t Au)
            and 82 87 5 1.56
SGRC0014 74 2660W 9412336 726950 40 -55 58 59 1 23.6
Sambaru 4                    
SGRC0019 100 3520W 9412796 726195 40 -55 11 13 2 0.88
SGRC0023 77 3760W 9413004 726056 40 -55 53 63 10 1.14
            and 69 70 1 7.19
SGRC0041 99 3760W 9413070 726115 220 -50 24 26 2 0.9
            and 71 83 12 2.81
                (including 1 meter @ 18.10g/t Au)
SGRC0024 109 3840W 9413066 726003 40 -55 67 71 4 13.91
                (including 1 meter @ 37.30g/t Au)
SGRC0043 124 3840W 9413150 726066 220 -50 73 74 1 6.33
SGRC0025 70 3920W 9413146 725978 40 -55 41 45 4 3.85
                (including 1 meter @ 10.20g/t Au)
SGRC0045 114 3020W 9412490 726620 220 -55 86 88 2 3.22
SGRC0046 92 3140W 9412524 726485 40 -50 32 36 4 2.01
Sambaru 5                    
SGRC0039 80 4640W 9413876 725625 40 -55 52 54 2 16.8
                (including 1 meter @ 22.10g/t Au)
* Datum Arc 1960                  
Notes: 34.286 grams of gold/metric tonne = 1 Troy ounce of gold/short ton;
g/t = grams/metric tonne; Au is the chemical symbol for gold.
The mineralized interval represents the length of the drill hole intercept, and is not the true horizontal width of the mineralized structure.
These initial results, represent a total of 3,600 meters of recently completed reverse circulation drilling from within three of five target areas, and the results demonstrate the presence of high grade, narrow gold-rich zones from the central to the northwestern part of the five kilometer long Singida-Londoni gold project area.
Roger Newell, Ph.D. and Chairman of the Board, said, "I am very pleased that these 13 drill holes have found high grade gold below the artisanal workings, and I am confident that many of the remaining holes will continue to report important gold assays. This kind of early drill success is very unusual in a brand new gold project, and Clive King, our Qualified Person and his geological team are doing an excellent of job of finding the ore controls in this large, complex and exciting gold property. While we are anxious to learn about additional assay results from holes that have already been drilled, it appears we are embarking upon a whole new greenstone belt and a related exploration/mining area in Tanzania."
Sambaru 3 Target Zone
At Sambaru 3, at least four mineralized zones have been intercepted on one drill fence (News Release – 7th September 2010). These four zones have been partly traced to the corresponding drill fences over a strike length of about 160 meters.
Sambaru 4 Target Zone
At Sambaru 4, drill results from immediately west of the active artisanal mine area (News Release – 28th September 2010) indicate that the main 2 to 4 meter wide artisanal mining zone averaging 2.41g/t Au has now been traced for some 120 meters along strike. This main zone appears to also be present along strike to the northwest at a distance of about 620 meters within the central part of Sambaru 4. Drilling has also traced two additional mineralized zones along a strike distance of about 160 meters. The best intersection of 37.30g/t Au over 1 meter was within in a 4 meter wide, massive arsenopyrite gold-bearing sulphide zone that averaged 13.91g/t Au within the central Sambaru 4 target area.
Sambaru 5 Target Zone
At Sambaru 5, in the northwestern part of the licence area, one borehole averaged 16.80g/t Au over 2 meters within a narrow zone of arsenopyrite. The mineralized intercepts in Sambaru 3, 4 and 5 occur less than 70 meters below surface.
A planned 1,000 meter drill program is currently underway at the Sambaru 2 target which is the largest location of artisanal workings within the licence area.
Preliminary positive visual drill results are reported from the drill site and include geological rock observations and gold panned minerals from a number of drill samples within the central artisanal mine area; additional information concerning this drill program is planned to be provided in the near future.
Analytical work is being carried out at the independent SGS Laboratories in Mwanza, Tanzania. The drill samples are subject to full sample preparation followed by a 50 gram fire assay with an AA finish. Blanks (5%), commercial standards (5%) and duplicates (5%) are being used in each sample batch of 20 samples to monitor laboratory performance during the analysis. Samples submitted either represent 4 meters composite samples of 1 meter intervals or 1 meter samples where on site logging and panning of the RC chips indicates the presence of visible gold or gold-bearing sulphides.
The reader is cautioned that the potential quantity and grade of the regional exploration target is conceptual in nature; it is uncertain if further exploration will result in the exploration target being delineated as a mineral resource and there is no guarantee that these resources, if delineated, will be economic or sufficient to support a commercial mining operation. The Company's production objectives are intended to provide an indication of management's current expectations and are still conceptual in nature. It is uncertain that it will be established that these resources will be converted into economically viable mining reserves. Until a feasibility study has been completed, there is no certainty that these objectives will be met.
Clive King, P.Geo, a Qualified Person as such term is defined in Canadian National Instrument 43-101, is responsible for monitoring the supervision and quality control of Lake Victoria's exploration program and has reviewed and verified the technical information contained in this news release.  Clive King, registered with the South African Council of Natural Scientific Professions (Pr.Sci.Nat Reg. No. 400065/09).
About the Company
Lake Victoria Mining Company, Inc. is working to create another gold mine in the world famous Lake Victoria Greenstone Belt, Tanzania, East Africa. Tanzania is Africa's third largest gold producer, behind South Africa and Ghana, but also has reserves of uranium, nickel and coal. Gold exports alone earned it $1.076 billion in 2009, up from $932.4 million the previous year. Lake Victoria holds eleven prospective gold projects and five uranium projects within its Tanzania property portfolio. Additional information regarding the Company is available on the corporate website at: www.lakevictoriaminingcompany.com.
Disclaimer
This news release may contain forward-looking statements or information within the meaning of the United States Private Securities Litigation Reform Act of 1995 and within the meaning of Canadian provincial securities laws applicable to the Company. Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. Forward-looking statements or information are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements or information, including, without limitation, risks and uncertainties relating to obtaining financing to meet the Company's exploration programs and operating costs during its exploratory stage, the interpretation of exploration results and the estimation of mineral resources and reserves, the geology, grade and continuity of mineral deposits, the possibility that future exploration, development or mining results will not be consistent with the Company's expectations, accidents, equipment breakdowns, title matters, or other unanticipated difficulties with or interruptions in production and operations, the potential for delays in exploration or development activities or the completion of feasibility studies, the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses, commodity price fluctuations, currency fluctuations, regulatory restrictions, including the inability to obtain mining permits and environmental regulatory restrictions and liability, the speculative nature of mineral exploration, dilution, competition, loss of key employees, and other risks and uncertainties, including those described under "Risk Factors" in the Company's Annual Report on Form 10-K filed on July 14, 2010, which is on file with the Securities and Exchange Commission, as well as the Company's periodic filings available at www.sec.gov and with Canadian Securities Administrators at www.sedar.com. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information. The Company does not undertake any obligation to release publicly revisions to any "forward-looking statement," to reflect events or circumstances after the date of this news release, or to reflect the occurrence of unanticipated events, except as is required under applicable securities laws.
Cautionary note to U.S. Investors - The United States Securities and Exchange Commission permits U.S. mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We use certain terms on this press release, such as "mineralized zones" which the SEC guidelines strictly prohibit U.S. registered companies from including in their filings with the SEC. U.S. Investors are urged to consider closely the disclosures in our annual report on Form 10-K. This press release contains information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. Investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties.


For more information, please contact
Lake Victoria Mining Company, Inc.
David T. Kalenuik
President and CEO
303-586-1390
www.lvcamining.com
www.lakevictoriaminingcompany.com



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Gold Stocks; Carpathian Gold Inc. (TSX:CPN) Increases "Bought Deal" Financing to $45 Million

Gold Stocks; Carpathian Gold Inc. (TSX:CPN) Increases "Bought Deal" Financing to $45 Million


TORONTO, ONTARIO--(http://www.investorideas.com/ gold and mining stocksw blog )- Oct. 13, 2010) -
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Carpathian Gold Inc. (TSX:CPN) ("Carpathian") is pleased to announce that it has increased its previously announced "bought deal" financing to 81.8 million common shares (the "Shares") of Carpathian. The syndicate of investment dealers led by Cormark Securities Inc. and including Canaccord Genuity Corp., Haywood Securities Inc. and Jennings Capital Inc. (the "Underwriters") have agreed to purchase an additional 17.8 million Shares at the same purchase price of $0.55 per Share (the "Offering Price") for additional gross proceeds of approximately $10 million. Total aggregate gross proceeds of the Offering are now approximately $45 million (the "Offering").
In addition, the Company has granted the Underwriters an option to purchase up to an additional 12.27 million Shares (representing 15% of the total up-sized Offering) at the Offering Price exercisable within 30 days after the closing of the Offering for additional gross proceeds in the amount of up to approximately $6.75 million.
The Offering is scheduled to close on or about November 3, 2010 and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval of the Toronto Stock Exchange and the securities regulatory authorities.
The net proceeds of the Offering will be used for construction and continued development of the RDM project (Brazil), exploration and development of the RVP project (Romania), and for general corporate purposes.
These securities offered have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.
This press release shall not constitute an offer to sell or solicitation of an offer to buy the securities in any jurisdiction. The common shares will not be and have not been registered under the United States Securities Act of 1933 and may not be offered or sold in the United States absent registration or applicable exemption from the registration requirements.
Caution regarding forward-looking information:
Statements contained in this document which are not historical facts are forward-looking statements that involve risk, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. This forward-looking information includes, or may be based upon, estimates, forecasts, and statements as to management's expectations with respect to, among other things, obtaining required regulatory approvals for the Offering, the outcome of legal proceedings, the issue of permits, the size and quality of the company's mineral resources, progress in development of mineral properties, future production and sales volumes, capital and mine production costs, demand and market outlook for metals, future metal prices and treatment and refining charges, and the financial results of the company. Factors that could cause such differences, without limiting the generality of the following, include: volatility and sensitivity to market metal prices; impact of change in foreign currency exchange rates and interest rates; imprecision in reserves estimates; environmental risks including increased regulatory burdens; unexpected geological conditions; adverse mining conditions; political risks arising from operating in developing countries; legal title to properties, outcome of litigation, changes in government regulations and policies, including laws and policies; and failure to obtain necessary permits and approvals from government authorities; and other development and operating risks.
Mineral resources that are not mineral reserves do not have demonstrated economic viability. Inferred mineral resources are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral reserves. There is no certainty that mineral resources will be converted into mineral reserves.
Although the Company believes that the assumptions inherent in the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this document. The Company disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.


For more information, please contact
Carpathian Gold Inc.
Mike O'Brien
+1 (416) 368-7744
info@carpathiangold.com



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Tuesday, October 12, 2010

Investorideas.com - Mining Stocks; YALE (TSX-V: YLL) ANNOUNCES DRILLING HAS STARTED AT GUADALUPE

Investorideas.com - Mining Stocks; YALE (TSX-V: YLL) ANNOUNCES DRILLING HAS STARTED AT GUADALUPE

October 12, 2010 (Investorideas.com Mining stocks Newswire) - Yale Resources Ltd. (TSX-V: YLL and Frankfurt: YAB) is pleased to announce a 2,500 metre drill program has started on the wholly owned Guadalupe property, located in the heart of the Fresnillo district, on behalf of and funded by our partner Gold American Mining Inc.

The first drill hole is targeting the down dip extension of the San Antonio vein, the southern-most vein on the property, and is currently at a depth of 260 meters. The San Antonio Mine shaft is approximately 270 metres deep. Historic maps and sections show that there are actually two sub-parallel veins – the Esperanza Vein and the San Antonio Vein – however the Esperanza Vein does not appear to outcrop on surface. The planned target depth for the first hole is 500 meters and is expected to cut the veins below the level of the historic workings.

Drilling is being done by Techmin S.A. de C.V. – a drilling contractor located in the Fresnillo area and has unparalleled experience in the area as they have done a majority of the drilling for Fresnillo, plc and have also worked for Fresnillo, plc and Mag Silver at the Juanacipio Joint Venture, located only 11 km from the Guadalupe Property, where they drilled holes to a depth of greater than 900 metres.

"This drill program is an important step in Yale's 'project generator' business model as this is the first of our projects to be drilled by one of our partners", stated Ian Foreman, president of Yale.

About the Guadalupe Property:
The 282.84 hectare Guadalupe Property is located approximately 4 kilometres north of the city of Fresnillo, Zacatecas State, Mexico. The property is approximately 8 kilometres north of the Fresnillo (Proaño) Mine, the world's richest underground silver mine operated by Fresnillo plc. The property is also approximately 11 kilometres northeast of 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 1980's.

Highlight results from the first phase exploration program were (see news release dated May 13, 2010):

1.00 g/t Au and 946.9 g/t Ag over 1.1m
including 1.83 g/t Au and 1,800.0 g/t Ag over 0.5 m
0.30 g/t Au and 622.0 g/t Ag from a mineralized dump
0.59 g/t Au and 330.0 g/t Ag over 0.7 m
5.35 g/t Au and 1,189.0 g/t Ag from a mineralized dump

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.

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Monday, October 11, 2010

Oil and Gas Stocks to Watch; (OTCBB: AAPH), (OTCQB: USOG), (NYSE:CVX), (NYSE:NOV)

Oil and Gas Stocks to Watch; (OTCBB: AAPH), (OTCQB: USOG), (NYSE:CVX), (NYSE:NOV)


Point Roberts, WA – October 11, 2010 (Investorideas.com Energy Newswire) - InvestorIdeas.com, a leader in sector research , reports on Oil and Gas Stocks news and trading activity for the morning of  October 11th for interested energy investors. Stocks see early morning gains anticipating U.S. Federal Reserve action and oil prices are down slightly.

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: (Trading at time or release)

American Petro-hunter Inc (OTCBB: AAPH) trading at $0.32
United States Oil & Gas Corp (OTCQB: USOG) trading at $0.0028,up  0.0004 (16.67%)
Chevron Corp (NYSE:CVX), trading at $83.82. down  0.12 (0.14%)
National Oilwell Varco, Inc (NYSE:NOV) trading at $46.83, up  0.22 (0.47%)  

Market Snapshot: (at time of release)
Dow 11,012.53 +6.05 +0.05% 
Nasdaq 2,403.72 +1.81 +0.08% 
S&P 500 1,165.41 +0.26 +0.02% 
10 Yr Bond(%) 2.3810% 0.0000
Oil 82.35 -0.31 -0.38% 
Gold 1,344.00 -0.20 -0.01%


Oil and Gas Stocks to Watch News

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

Latest News:
October 11th:
American Petro-Hunter Receives Independent Research Report From Grass Roots Research and Distribution, Inc.


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


American Petro-hunter Inc. OTCBB: AAPH) 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.

For info on Investorideas.com
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