Goldcorp Inc. (NYSE:GG) is pleased to declare its sixth monthly dividend payment for 2011 of $0.034 per share. Shareholders of record at the close of business on Thursday, June 16, 2011 will be entitled to receive payment of this dividend on Friday, June 24, 2011 resident individuals who receive dividends from Goldcorp after 2005 are entitled to an enhanced gross-up and dividend tax credit on such dividends.

Goldcorp Inc. engages in the acquisition, exploration, development, and operation of precious metal properties in Canada, the United States, Mexico, and Central and South America. It produces and sells gold, silver, copper, lead, and zinc.

***********************************************************

HONDO MINERALS CORP (HMNC)

Hondo Minerals Corporation is engaged in the acquisition of mines, mining claims and mining real estate in the United States, Canada and Mexico with mineral reserves of precious metals or non-ferrous metals.

Gold is called a “noble” metal (an alchemistic term) because it does not oxidize under ordinary conditions. Its chemical symbol Au is derived from the Latin word “aurum.” The ancient civilizations appear to have obtained their supplies of gold from various deposits in the Middle East. Gold is extremely resistant to weathering and, when freed from enclosing rocks, is carried downstream as metallic particles consisting of “dust,” flakes, grains, or nuggets. The degree of purity of native gold, bullion (bars or ingots of unrefined gold), and refined gold is stated in terms of gold content. “Fineness” defines gold content in parts per thousand. Pure gold is relatively soft-it has about the hardness of a penny. It is the most malleable and ductile of metals. Nations of the world today use gold as a medium of exchange in monetary transactions.

Hondo owns the Tennessee and Schuylkill Mines in Chloride, Arizona. The Tennessee Mine was the largest producing silver mine in Arizona history. The Tennessee Mine operated from the late 1800’s until 1947 producing lead, zinc, gold and silver. The Company also owns numerous other mining claims in the US Southwest, which are being evaluated for additional reserves.

HONDO MINERALS CORP (HMNC) is pleased to announce that it has just acquired over $500,000 dollars of additional E-Leech equipment for its Tennessee Mine production facility.

William R. Miertschin Chairman and CEO of Hondo Minerals says, “This purchase a long with the $2.4 million dollars of previously announced equipment demonstrates our continued efforts to invest real dollars in this project to increase shareholder value.”

Mr. Miertschin went on to say, “All of this newly acquired equipment will allow the company the ability to reach its production and revenue targets 6 to12 months ahead of schedule, and with the advanced technology of E-Leech Hondo Minerals is posed to set new standards while obtaining optimum results from its exclusively licensed mining process.”

E-Leech technology is a patent pending process that creates a leaching process without the use of hazardous chemicals such as cyanide at its Tennessee Mine processing plant.

Toxic chemicals previously used such as Hydrochloric and Nitric Acid are replaced with a water-based and pH adjusted medium to leach precious and base metals from mine tailings that is safe to humans and the environment.

Electrochemical processes are used to generate pH levels low enough to leach metals such as Gold, Silver, Zinc and Rare Earths into a solution for recovery at an extremely low cost per ton.

For more information please visit: http://www.hondominerals.com

******************************************************************

Cleantech Transit, Inc. (CLNO)

Biomass has been a key player in energy generation even in the past. Due to the dominance of coal and petroleum products in the industrial age there was a fall in biomass usage. Anyway, in India, though the energy scenario in India today indicates a growing dependence on the conventional forms of energy, about 32% of the total primary energy use is still using biomass and more than 70% of the country’s population depends upon it for its energy needs.

Biomass gasification has significant advantages over other methods of biomass power. It can work well at small scales (as low as 50 kW), can use a wide variety of biomass feedstocks and also produce a valuable co-product in biochar.

Cleantech Transit, Inc. is in the business of producing and conserving power. They produce and sell clean electricity globally, with a focus on sustainable energies using renewable resources such as Geothermal, Solar and Wind. Cleantech Transit, Inc goal is to use innovative technologies to reduce electricity consumption and dependence on carbon based energy.

Cleantech Transit Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector. The Company has expanded its focus to invest directly in specific green projects. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech has selected to invest in Phoenix Energy (www.phoenixenergy.net). This project could benefit the Company’s manufacturing clients worldwide.

Cleantech Transit Inc. is pleased to provide additional details after achieving success on the 500 KW facilities and successfully moving past the interconnection testing stage.

Coming on the recent success at the 500KW facility in Merced, California this poises Phoenix Energy to become a leading developer of renewable biomass distributed generation plants that utilize local resources for local energy.

Currently there are two additional projects being pre-certified by Phoenix Energy in California. The projects are each projected to be 1 MW biomass gasification facilities that will provide both electricity and process heat energy. Each facility will provide enough electricity to power approximately 800 homes as well as process heat to be used in drying agricultural products. The projects are expected to complete by the end of 2012.

Cleantech will be providing details on the expecting closing date of its initial investment into Phoenix Energy in the coming weeks.

For more information about Cleantech Transit, Inc. visit its website www.cleantechtransitinc.com

***********************************************************

Northgate Minerals Corp. (AMEX:NXG) is pleased to announce results from a highly successful underground delineation drill program at its 100% owned Young-Davidson Mining Project located in northern Ontario. Delineation drilling was initiated to define the stope limits for underground mining within the Upper Boundary Zone (”UBZ”). Results from the drill program have confirmed the grade, continuity and width of the UBZ, which contains 3.64 million tonnes of ore and is scheduled for mining in the early years of underground production. Young-Davidson is currently forecasting an initial 15-year mine-life with production commencing in 2012 from a small open pit before mining moves underground in 2014. The area of delineation drilling covers approximately half of the ore tonnage in the UBZ.

Northgate Minerals Corporation, together with its subsidiaries, engages in exploring, developing, processing, and mining gold and copper deposits in Canada and Australia.

***********************************************************

Extorre Gold Mines Ltd. (AMEX:XG) reported the discovery of significant silver-gold mineralization at its 100% owned Puntudo project, located immediately south of the Joaquin silver project owned by Coeur d’Alene Mines and Mirasol Resources, and 200 kilometres west of Cerro Moro. Extorre has completed thirty two drill holes to date, with assays in hand for the first fifteen holes.

Extorre Gold Mines Limited, an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Argentina. It primarily explores for gold and silver deposits.

**************************************************************

**************************************************************************

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!

Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. DrStockPick.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold DrStockPick.com report and Crown Equity Holdings Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. (Read more at http://drstockpick.com/disclaimer) .Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings, Inc. (CRWE.OB) is a newswire as well as an IR and PR firm. Crown Equity Holdings Inc. (CRWE.OB), in some cases, provides media advertising and public awareness for both public and private companies, as well as disseminating news. As such, in some cases, when Crown Equity Holdings Inc. (CRWE.OB) advertises for a particular client, Crown Equity Holdings Inc. (CRWE.OB) charges an advertising fee which it must disclose under 17B. The fee may be in cash, in free trading stock or in restricted stock. Crown Equity Holdings Inc. (CRWE.OB), if paid in stock, can and may sell those securities during the advertising period. Crown Equity Holdings Inc. (CRWE.OB) has received twenty five thousand dollars ($25,000) in cash from a third party (Friona Gold, LLC) for 1 week of media advertisement services for Hondo Minerals Corporation (HMNC.OB).
Crown Equity Holdings Inc. (CRWE.OB) anticipates receiving 5,000,000 shares of 144 restricted stocks from the company for 12 months of media advertisement and IR services for Cleantech Transit, Inc. (CLNO.OB).

Wal-Mart Stores Inc. (NYSE:WMT) will webcast its Annual Meeting of Shareholders’ Friday, June 3, 2011, as well as its question and answer session with executive management for the investment community. A live webcast of both sessions will be available on the company’s website at www.walmartstores.com/investors. The shareholders meeting, including pre-meeting activities, will begin at 7:00 a.m. CDT and will conclude at approximately 11:00 a.m. CDT. The executive briefings to analysts and investors, and the question and answer session will begin at 1:15 p.m. CDT and will conclude at approximately 3:30 p.m. CDT.

Wal-Mart Stores, Inc. operates retail stores in various formats worldwide.

************************************************************

Cleantech Transit, Inc. (CLNO)

Cleantech Transit, Inc. is in the business of producing and conserving power. They produce and sell clean electricity globally, with a focus on sustainable energies using renewable resources such as Geothermal, Solar and Wind. Cleantech Transit, Inc goal is to use innovative technologies to reduce electricity consumption and dependence on carbon based energy.

Cleantech Transit Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector. The Company has expanded its focus to invest directly in specific green projects. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech has selected to invest in Phoenix Energy (www.phoenixenergy.net). This project could benefit the Company’s manufacturing clients worldwide.

Biomass is an important source of energy and the most important fuel worldwide after coal, oil, and natural gas. Bio-energy, which is derived from biomass, is expected to be a pivotal resource which will contribute to global sustainable development.

Biomass can be used for fuels, power production and products that would otherwise be made from fossil fuels. It does not add CO2 to the atmosphere as it absorbs the same amount of carbon in growing as it releases when consumed with fuel.

Biomass is part of the carbon cycle. Carbon is taken in by plants during photosynthesis. On decomposition or combustion it goes back into the air. This ensures that there is always a stable level of carbon in the atmosphere. Therefore fossil fuels are not considered to be part of biomass. Their combustion releases carbon that has not been present in the atmosphere for millions of years. This therefore disturbs the carbon dioxide levels in the atmosphere.

Cleantech Transit Inc. recently announced that the previously announced 500 KW biomass gasification facility located in Merced, California has successfully passed its interconnection tests and is now connected to the utility distribution grid.

The gasification technology uses a non-combustion process to convert Ag and other woody residues into a hydrogen rich gas (”syngas”), which is then converted into electricity, along with heat and biochar (a useful byproduct that captures carbon in solid form and can be used as a soil amendment).

The Phoenix Energy technology used in Merced essentially cooks the biomass in an oxygen-deprived environment to release the elemental gasses from the wood. In the process biomass is converted into a carbon rich biochar. With the carbon fixed in solid form this process not only provides a valuable soil amendment but also serves as a source of carbon sequestration.

The Merced plant is expected to produce enough electricity to power about 400 homes. The plant connected to the electricity grid under California’s feed-in-tariff with a 15-year power purchase agreement.

For more information about Cleantech Transit, Inc. visit its website www.cleantechtransitinc.com

*******************************************************

Siga Resources Inc (SGAE)

Because gold is a precious metal, you wouldn’t think mankind would send it into space. But because of some of the unique qualities of gold, it’s extremely valuable in the space program, too.

Gold is also used as a lubricant between mechanical parts. In space, organic lubricants become unstable, leading to a breakdown. This is caused, again, by the intense radiation suffered outside the Earth’s protective atmosphere. Gold’s malleability enables it to be processed into a very thin film that coats and protects critical moving parts, serving as a lubricant. This is because the gold molecules slip past each other under forces of friction, providing the lubricant action. It’s a fascinating use of gold and not seen in many other applications.

Siga Resources Inc, founded in 2007, is based in South Lake Tahoe, California. Siga is a mineral resource exploration and development company. Siga’s strategy targets properties that have the potential for near term production and early positive cash flow. Siga’s general geographical interest is North and South America.

Siga Resources, Inc. announced that Siga has come to an agreement with Big Rock Resources Ltd. whereby the two companies will develop the Lucky Thirteen gold placer claim under a 50/50 joint venture.

Big Rock Resources Ltd. (1BR.F, ISIN CA0894851066, WKN A1JJYB www.bigrockresources.com) has agreed to fund the initial evaluation program for $400,000 USD, and provide funding up to $8.5 million USD to place the property in full production.

The partners will operate Lucky Thirteen under a Joint Venture company, Lucky 13 Mining Company Ltd., owned 50/50 by Siga and Big Rock. Lucky 13 Mining Company Ltd. will be the operator.

Siga has already secured the initial operating permits for the necessary rail crossing and initial test mining. Siga is currently constructing the washing and initial process plant to be used in the evaluation program.

Siga’s President Ed Morrow said that “Siga is most pleased to have Big Rock Resources as a Joint Venture Partner. The combined power of the partnership will facilitate the rapid development of a production operation at Lucky thirteen.”

For more information about Siga Resources, Inc. by going through its website at http://sigaresourcesinc.com

************************************************************

Goldcorp Inc. (NYSE:GG) announced that it has been recognized by NASDAQ as one of the top 100 companies in the world for its sustainability practices as part of its NASDAQ OMX CRD Global Sustainability Index. “We are proud to be recognized as a global leader for our responsible business practices,” said Chuck Jeannes, Goldcorp’s President and CEO. “Goldcorp’s commitment to responsible mining and sustainable prosperity for all of our stakeholders and our focus on corporate social responsibility programs throughout the organization remain the basis for how we conduct our operations world-wide. We seek productive partnerships and dialogue to ensure our programs are designed as catalysts for positive, lasting contributions in the communities where we do business. It’s gratifying to see these efforts realized.”

Goldcorp Inc. engages in the acquisition, exploration, development, and operation of precious metal properties in Canada, the United States, Mexico, and Central and South America. It produces and sells gold, silver, copper, lead, and zinc.

************************************************************

Duke Energy Corporation (NYSE:DUK) announced that 20 children of company employees have been selected to receive 2011 Duke Energy Foundation scholarships. Fifteen recipients will receive up to $5,000 per year for up to four consecutive years of undergraduate study at an accredited college or university in the United States. Five students were named alternates and will receive a one-time $1,000 scholarship.

Duke Energy Corporation operates as an energy company in the Americas. It operates through three segments: U.S. Franchised Electric and Gas, Commercial Power, and International Energy.

**************************************************************

**************************************************************************

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!

Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. DrStockPick.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold DrStockPick.com report and Crown Equity Holdings Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. (Read more at http://drstockpick.com/disclaimer) .Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings, Inc. (CRWE.OB) is a newswire as well as an IR and PR firm. Crown Equity Holdings Inc. (CRWE.OB), in some cases, provides media advertising and public awareness for both public and private companies, as well as disseminating news. As such, in some cases, when Crown Equity Holdings Inc. (CRWE.OB) advertises for a particular client, Crown Equity Holdings Inc. (CRWE.OB) charges an advertising fee which it must disclose under 17B. The fee may be in cash, in free trading stock or in restricted stock. Crown Equity Holdings Inc. (CRWE.OB), if paid in stock, can and may sell those securities during the advertising period. Crown Equity Holdings Inc. (CRWE.OB) anticipates receiving 5,000,000 shares of 144 restricted stocks from the company for 12 months of media advertisement and IR services for Cleantech Transit, Inc. (CLNO.OB).
Crown Equity Holdings Inc. (CRWE.OB) has received 2,000,000 shares of (144) restricted common stock from the company and anticipates receiving 2,500,000 shares of free trading shares from a third party for six months of media advertisement and IR services for SIGA Resources, Inc. (SGAE.OB).

Silver Wheaton Corp. (USA) (NYSE:SLW) decreased 2.46% to close at $31.70. SLW traded 16.28 million shares for the day and its earning per share remained $0.63. Silver Wheaton Corp., together with its subsidiaries, operates as a silver streaming company worldwide. It has 13 long-term silver purchase agreements and 2 long-term precious metal purchase agreements whereby the company acquires silver and gold production from the counterparties located in Mexico, the United States, Greece, Sweden, Peru, Chile, Argentina, and Portugal.

Goldcorp Inc. (USA) (NYSE:GG) decreased 3.52% to close at $40.59. GG traded 13.03 million shares for the day and its earning per share remained $1.80. Goldcorp Inc. engages in the acquisition, exploration, development, and operation of precious metal properties in Canada, the United States, Mexico, and Central and South America. The company produces and sells gold, silver, and copper. It also holds interests in lead and zinc projects.

United States Steel Corporation (NYSE:X) decreased 1.67% to close at $54.67. X traded 12.11 million shares for the day and its 52 weeks range remained $36.93 - $70.95. United States Steel Corporation, through its subsidiaries, engages in the production and sale of steel products primarily in North America and Europe. The company operates through three segments: Flat-rolled Products, U. S. Steel Europe (USSE), and Tubular Products (Tubular). The Flat-rolled Products segment offers slabs, rounds, strip mill plates, sheets, and tin mill products.

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!

Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. DrStockPick.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold DrStockPick.com report and Crown Equity Holdings Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. (Read more at http://drstockpick.com/disclaimer) .Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings, Inc. (CRWE.OB) is a newswire as well as an IR and PR firm. Crown Equity Holdings Inc. (CRWE.OB), in some cases, provides media advertising and public awareness for both public and private companies, as well as disseminating news. As such, in some cases, when Crown Equity Holdings Inc. (CRWE.OB) advertises for a particular client, Crown Equity Holdings Inc. (CRWE.OB) charges an advertising fee which it must disclose under 17B. The fee may be in cash, in free trading stock or in restricted stock. Crown Equity Holdings Inc. (CRWE.OB), if paid in stock, can and may sell those securities during the advertising period.

**************************************************************

Orofino Gold Corp. (ORFG.PK), is a precious metals acquisition, exploration, and development company, which acquires and explores strategically-located precious metals properties in the historically rich gold-bearing jurisdictions of Colombia and Mexico. To this end, Orofino has signed an option agreement to acquire several properties in Colombia, a current hot spot of gold production.

With the frequent occurrence of the very high grade gold vein systems in the central area of its Senderos de Oro project, and with several small-scale grinding and amalgamation mills in-place, Orofino is planning to design a central processing and recovery facility that is modular in design (each additional module added creates 10,000 ounces of annual production) and will be capable of processing enough high-grade material to produce up to 120,000 ounces of gold annually.

In addition, the company continues to further explore the Primary Porphyry Target, which is the bulk minable gold/copper porphyry systems.

Orofino previously stated that as result of the recent site visit and meetings with Colombian Geologists who are well informed on this area, it has been determined that current estimates for the area are that each of the areas of lode mines may prove to contain more than 1,000,000 ounces of Gold with a Silver credit.

While this is of great interest to the company, the current development program is targeting a very large, multi million ounce bulk minable porphyry Copper-Gold deposit which may prove to contain estimates exceeding 5 million ounces in precious metals with associated base metals.

Hecla Mining Company (NYSE:HL) has elected to declare the regular quarterly dividend of $0.875 per share on the outstanding Series B Cumulative Convertible Preferred Stock, for a total amount of approximately $138,000. The cash dividend is payable October 1, 2010, to shareholders of record on September 15, 2010. There are a total of 157,816 shares of Preferred B Stock outstanding.

The Board of Directors also elected to declare the regular quarterly dividend on the outstanding 6.5% Mandatory Convertible Preferred Stock in the amount of $1.625 per share and to pay such dividend in cash, for a total amount of approximately $3.27 million. The dividend is payable October 1, 2010, to shareholders of record on September 15, 2010. There are a total of 2,012,500 shares of the 6.5% Mandatory Convertible Preferred Stock outstanding. Hecla’s Mandatory Convertible Preferred Stock will be converted into common stock in January 2011.

Hecla Mining Company and its subsidiaries headquartered in Coeur d’Alene, Idaho, mine, process and explore for silver and gold in the United States and Mexico. Hecla has been in business for 119 years and has long been well known in the mining world and financial markets as a quality producer of silver and gold.

Goldcorp Inc. (NYSE:GG) and Andean Resources Limited report an agreement whereby Goldcorp will acquire, through a scheme of arrangement under Australian law (“the Arrangement”), all of the outstanding shares of Andean. The total consideration for the purchase of 100% of the fully diluted shares of Andean is approximately C$3.6 billion.

Andean’s principal asset is the 100%-owned Cerro Negro gold project, an advanced-stage, high-grade vein system located in the Santa Cruz province of Argentina. Comprising 215 square kilometers, Cerro Negro currently has reported indicated resources of 2.54 million ounces of gold and 23.56 million ounces of silver. Inferred resources total 523,000 ounces of gold and 3.12 million ounces of silver1. Cerro Negro also contains several other vein structures, including the Mariana Central zone, where numerous recent drill intercepts have demonstrated high-grade gold and silver over significant widths.

Goldcorp is the lowest-cost and fastest growing multi-million ounce gold producer with operations throughout the Americas. Its gold production remains 100% unhedged.

**************************************************************

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!

Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. DrStockPick.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold DrStockPick.com report and Crown Equity Holdings Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. (Read more at http://drstockpick.com/disclaimer) .Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings, Inc. (CRWE.OB) is a newswire as well as an IR and PR firm. Crown Equity Holdings Inc. (CRWE.OB), in some cases, provides media advertising and public awareness for both public and private companies, as well as disseminating news. As such, in some cases, when Crown Equity Holdings Inc. (CRWE.OB) advertises for a particular client, Crown Equity Holdings Inc. (CRWE.OB) charges an advertising fee which it must disclose under 17B. The fee may be in cash, in free trading stock or in restricted stock. Crown Equity Holdings Inc. (CRWE.OB), if paid in stock, can and may sell those securities during the advertising period. Crown Equity Holdings Inc. (CRWE.OB) has received 500,000 shares of 144 stock in Orofino Gold Corp. (PINK SHEETS: ORFG) valued at sixty five thousand dollars, and 500,000 shares of free trading shares valued at sixty five thousand dollars from a third party (QU CUI You) for 30 days advertising services.

**************************************************************

Gold American Mining Corp. (OTC.BB:SILA) has signed an option agreement to acquire a 100% interest in the high-grade silver-gold La Escondida Project located in Sonora State, Mexico.

The La Escondida property is comprised of two mineral concessions that cover 439.8 acres approximately 124 miles northeast of the city of Hermosillo in Sonora State, Mexico. The surrounding region has seen significant recent activity by foreign mining companies. Nineteen miles to the northeast of the property is NYSE-listed Yamana Gold Inc.’s Mercedes project, a development stage gold-silver project expected to start production at a rate of approximately 120,000 gold equivalent ounces per year from 2012. Eighteen miles to the north of Gold American’s La Escondida project is the Oroco Resources Corp.’s Cerro Prieto project, which recently reported 383,833 ounces gold and over 6 million ounces of silver reserves.

The La Escondida property is host to two distinct mineralized targets associated with a fault: a bulk tonnage-style gold-silver-lead disseminated area and a high-grade epithermal vein-hosted silver and gold area.

The high-grade vein-hosted silver and gold target consists of two veins. One vein is exposed over an area at least 800 meters long and is reported to be 3-5 meters wide. The second vein is exposed over an area at least 500 meters long and is reported to be 1-2 meters wide. The disseminated zone is found between these two veins, approximately 100 meters wide. These zones are open both along strike and at depth.

“The La Escondida project is a valuable addition to our growing project portfolio,” commented Johannes Petersen, President of Gold American. “It has an exciting potential to host a gold-silver deposit and the property’s infrastructure is excellent. A sampling program carried out at the end of 2009 showed that the property contains multiple targets with high-grade silver grades and good values of gold and lead. Several of the target zones remain open in at least one direction, and it has been determined that historic workings reached only the 30 meters depth level. These findings are significant in that there is the potential, with additional exploratory work, to show mineralization over much greater strike lengths and depths,” added Mr. Petersen.

YAMANA GOLD INC. (NYSE:AUY) has further increased its dividend. All dollar amounts are expressed in United States dollars unless otherwise specified.

The Board of Directors has approved an increase in Yamana’s dividend to an annualized $0.08 per share, or $0.02 per share per quarter. This represents a 100 percent increase over the 2009 annualized dividend of $0.04 per share, or $0.01 per share per quarter and a 33 percent increase over the annualized dividend increase to $0.06 per share, or $0.015 per share per quarter announced last quarter.

The dividend increase will be in effect for the third quarter dividend, payable on Thursday, October 14, 2010, to holders of record at the close of business on Thursday, September 30, 2010. The dividend is an “eligible dividend” for Canadian tax purposes.

Yamana is committed to delivering value to shareholders including cash value by means of dividends and it will continue to periodically evaluate the dividend level as its cash flows increase.

Yamana is a Canadian-based gold producer with significant gold production, gold development stage properties, exploration properties, and land positions in Brazil, Argentina, Chile, Mexico and Colombia. Yamana plans to continue to build on this base through existing operating mine expansions, throughput increases, development of new mines, the advancement of its exploration properties and by targeting other gold consolidation opportunities with a primary focus in the Americas.

GOLDCORP INC. (NYSE:GG) has completed the sale of the San Dimas gold-silver mine in Mexico to Primero Mining Corp.

Pursuant to the terms of the transaction, Goldcorp received an aggregate of 31,151,200 common shares of Primero representing approximately 36% of Primero’s issued and outstanding common shares, $216 million in cash, a $60 million 12-month convertible note bearing an annual interest rate of 3% and a $50 million 5-year promissory note bearing an annual interest rate of 6%.

“The divestiture of San Dimas is consistent with Goldcorp’s ongoing strategy of creating value for shareholders while concentrating our focus on the cornerstone assets that will drive our industry leading production growth and future cash flow,” said Chuck Jeannes, Goldcorp President and Chief Executive Officer. “We look forward to participating in the future success of Primero and San Dimas through our significant ownership interest in the company.”

The underwriters for Primero’s public offering were granted a 30-day over-allotment option expiring on August 19, 2010 to raise additional gross proceeds of up to C$45 million. If this option is exercised in whole or in part, Goldcorp will receive all of the net proceeds from the over-allotment option, such proceeds to be applied against the $60 million convertible note.

Goldcorp does not have any present intention to acquire ownership of, or control over, additional securities of Primero. Goldcorp has the right to maintain its percentage interest in Primero as long as Goldcorp and its affiliates hold at least 10% of the issued and outstanding Primero common shares. It is the intention of Goldcorp to evaluate its investment in Primero on a continuing basis and such holdings may be increased or decreased in the future.

Goldcorp is North America’s fastest growing senior gold producer. Its low-cost gold production is located in safe jurisdictions in the Americas and remains 100% unhedged.

**************************************************************

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!

Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. DrStockPick.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold DrStockPick.com report and Crown Equity Holdings Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. (Read more at http://drstockpick.com/disclaimer ) .Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings, Inc. (CRWE.OB) is a newswire as well as an IR and PR firm. Crown Equity Holdings Inc. (CRWE.OB), in some cases, provides media advertising and public awareness for both public and private companies, as well as disseminating news. As such, in some cases, when Crown Equity Holdings Inc. (CRWE.OB) advertises for a particular client, Crown Equity Holdings Inc. (CRWE.OB) charges an advertising fee which it must disclose under 17B. The fee may be in cash, in free trading stock or in restricted stock. Crown Equity Holdings Inc. (CRWE.OB), if paid in stock, can and may sell those securities during the advertising period. Crown Equity Holdings Inc. (CRWE.OB) has received eight thousand dollars in cash from a third party (Winning Media) for (3) days of advertising for Gold American Mining Corp (SILA.OB)