This will be replaced by the player.

Posts Tagged ‘mining stocks’

DrStockPick Is “Digging” Up News On Gold Mining Companies GOLD, SILA and CGC!

Sunday, August 29th, 2010

drstock-2-3

signup3m

 

 

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

 

Gold American Mining Corp. (OTC.BB:SILA) is pleased to report additional positive results from its Guadalupe property, located in the heart of the Fresnillo district, Zacatecas, Mexico.

Fieldwork continues to identify additional veins within the property — as such several veins remain without names. To date nine veins have been mapped within the Guadalupe property. In certain locations the width of sampling was limited by the size of the workings and as such the true width of mineralization remains unknown.

Several previously unknown historic shafts were also identified within the property. It is apparent that these shafts were sunk along strike from other workings as there are often no outcrops in the vicinity of the shafts. In these situations the mineralized dumps near those workings were sampled.

Several exposures/workings that occur immediately off of the property were also sampled. These areas were sampled because the veins are known to continue onto the property, however there are no exposures immediately on the property side of the boundary.

“The fast pace of exploration achieved on the property since we started operations in late April has expanded considerably our knowledge of the property and reaffirmed our intentions to drill its main objectives,” said Johannes Petersen, President of Gold American. “We are very excited with our findings to date. As soon as we receive the final report and maps of the recently completed geophysics campaign we will be able to finalize the design of the drilling program and initiate the permitting process with a view at commencing drilling before the end of the year,” added Mr. Petersen.

 

 

Randgold Resources (Nasdaq:GOLD) posted a quarterly profit increase of 52% on the previous quarter and 92% on the corresponding prior year quarter, while its profit for the six months to June was up 88% year on year.

Randgold also reported that commissioning of the plant at its new Tongon mine in Côte d’Ivoire was under way ahead of schedule. Because of the expected earlier start-up, Tongon’s production guidance for this year had been increased by approximately 10%. The company said it is targeting to bring the start of construction at the giant Kibali project in the Democratic Republic of Congo forward by six months to the middle of 2011 in the light of the rapid progress it had made in the pre-development phase.

While production for the quarter was down 17%, the profit of US$36.4 million was boosted by a higher gold price, a gain of US$6.3 million on the sale of part of the company’s stake in Volta Resources and by the write-back of a US$13 million provision in respect of an investment in Auction Rate Securities following the settlement of this issue.

Production and hence the cost profile for the quarter were impacted by issues at Randgold’s flagship Loulo operation in Mali, which suffered from extensive power black-outs during the period. Loulo is also still settling down its plant expansion project and dealing with the Yalea underground development. Production and cost levels are expected to be back on target by the fourth quarter.

Chief executive Mark Bristow said in spite of the dip at Loulo the group’s production guidance for the year remained within 5% of the original target.

 

 

 

cgc_logo

Capital Gold Corporation (NYSE Amex:CGC) provided a production and operational outlook for fiscal 2011 (August 1, 2010 to July 31, 2011) at the Company’s mining projects in Mexico, including the El Chanate open pit mine in Sonora, the Saric exploration property that is also in Sonora and the Orion project in the State of Nayarit.

In fiscal 2011, Capital Gold expects to produce 65,000 to 70,000 ounces of gold. In order to meet the Company’s production target, approximately 5.4 million tonnes of ore is anticipated to be processed for the year with an average grade of 0.70 grams per tonne gold and a strip ratio of 2:1.

Capital Gold’s President, Colin Sutherland, stated: “Our commitment is to consistently improve upon our operational efficiencies at the El Chanate mine. The Company is focused on optimizing operations at El Chanate in order to further increase gold production, and at the same time, look to fully exploit our development potential at both Orion and Saric.”

Capital Gold Corporation is a gold production and exploration company. Through its Mexican subsidiaries and affiliates, it owns 100% of the “El Chanate” gold mine located near the town of Caborca in Sonora, Mexico. On August 2, 2010, Capital Gold acquired Nayarit Gold Inc. and merged it into its wholly owned subsidiary. Capital Gold is focused on optimizing the El Chanate operations and advancing the Del Norte deposit in the Orion District in the state of Nayarit, Mexico. Capital Gold also owns and leases mineral concessions near the town of Saric, also in Sonora, that are undergoing exploration for gold and silver mineralization.

 

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

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

 

drstbc

 

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 in cash from a third party (Winning Media) for (3) days of advertising for Gold American Mining Corp (SILA.OB)

 
Share/Bookmark
 
 
 

Gold Mining Companies Are “Digging” Their Success! (ABX, SILA, MDW)

Friday, August 27th, 2010

drstock-2-3

signup3m

 

 

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

 

 

Gold American Mining Corp. (OTC.BB:SILA) is pleased to announce that Mr. Juan Manuel Jimenez has agreed to join the Company’s team as Technical Advisor - Mexico.

Mr. Jimenez has over eighteen years experience of progressively increasing responsibilities in mining exploration in North America. He brings great value to the company given his vast knowledge of precious and base metals exploration in the regions where Gold American operates.

Mr. Jimenez has extensive experience in all phases of mineral exploration and development, with a particular focus on surface and underground drilling, as well as geophysical exploration methods. He has managed and supervised significant exploration projects in the Mexican mining industry and throughout his distinguished career, he has been directly involved in programs resulting in the identification, acquisition, delineation and discovery of significant gold and silver deposits.

Gold American Mining Corp. is a precious metals exploration company focused on the aggressive, ongoing acquisition and exploration of holdings with rich gold and silver production potential. Based in Reno, Nevada, Gold American has developed a promising portfolio of international properties in regions marked by stable politics, sound economies and friendly business relations.

 

 

Barrick Gold Corporation (NYSE:ABX) will redeem on October 20, 2010 (the “Redemption Date”) all of its outstanding Placer Dome 2.75% Convertible Senior Debentures due 2023 (CUSIP 725906AK7 and CUSIP 725906AJ0) issued by Placer Dome Inc. (the “Debentures”). On redemption, Barrick will pay to the registered holders of the Debentures a redemption price of 100.825% of the principal amount outstanding, plus accrued and unpaid interest to the Redemption Date, for a total of $1,008.56 per $1,000.00 principal amount of Debentures. The aggregate principal amount of Debentures currently outstanding is $229,170,000. Payment of the redemption price and accrued interest shall be made through normal DTC procedures.

Upon compliance with the terms and conditions of the Debentures, the Debentures may be surrendered for conversion at any time prior to 5:00 p.m. (ET) on October 19, 2010. The conversion rate in effect as of June 1, 2010 is 40.8296 common shares of Barrick (”Common Shares”) per $1,000.00 principal amount of Debentures. As of 5:00 p.m. (ET) on October 19, 2010, the Debentures shall cease to be convertible into Common Shares. Barrick intends to use available funds to redeem any and all unconverted Debentures.

Barrick’s vision is to be the world’s best gold company by finding, acquiring, developing and producing quality reserves in a safe, profitable and socially responsible manner.

 

 

Midway Gold Corp. (AMEX:MDW) is pleased to announce continued success from work reported by Barrick Gold Exploration Inc. at Midway’s Spring Valley Project, Nevada. Drilling for the 2010 season commenced in March and is expected to continue through the fall season.

Drilling in the second quarter of 2010 tested extensions and in some cases large step-outs north of the known resource area. Significant intercepts from second quarter drilling include assays of 103 feet of 0.097 opt gold (including 3.1 feet of 0.521 opt gold and 5.2 feet of 0.732 opt gold), 42.7 feet of 0.117 opt gold (including 5 feet of 0.653 opt gold), and 47.1 feet of 0.026 opt gold in drill hole SV10-478C. Third quarter drilling will be focused on expansion of the resource in other areas. Results of that drilling are anticipated in November.

 

Spring Valley is a large porphyry hosted gold system with an inferred resource of 1,835,615 ounces of gold in 87.75 million tons grading 0.021 ounce per ton (opt) gold. Midway and Barrick entered into an agreement on March 9, 2009 for the exploration and development of the Spring Valley property in Pershing County, Nevada, covering approximately 18.4 square miles. Under the terms of the agreement, Barrick may earn a 60% interest in the property by spending US$30,000,000 in work expenditures by December 31, 2013.

 

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

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

 

drstbc

 

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 in cash from a third party (Winning Media) for (3) days of advertising for Gold American Mining Corp (SILA.OB)

 
Share/Bookmark
 
 
 

Gold Mining Companies Are “Digging” For Profits! (VGZ, ORFG, ANV)

Wednesday, August 25th, 2010

drstock-2-3

signup3m

 

 

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

 

Orofino Gold Corp. (ORFG.PK) is a new high growth gold company whose mandate is to acquire, explore and develop to compliant proven reserves major gold targets in historically rich gold bearing jurisdictions of Mexico and Colombia two of the most significant gold producing countries in the world.

Orofino’s competitive advantages are the close long term relationships to Mexico and Colombia with their numerous high quality low cost gold opportunities. ORFG has a Spanish speaking team with geological leadership with over 30 years in Mexico and 28 years in Colombia.

Orofino has several viable Gold development properties in Colombia, a current hot spot of gold production in the world markets.

The results from mineralized and un-mineralized material samples, as well as selected representative samples collected from its Colombian projects give ORFG four very strong targets and two extremely rich structures to target for Gold and Copper.

At the ORFG’s Senderos de Oro project, government recorded Gold production from the area has been significant with production records between 1987 to present of over 1,300,000 ounces. All production has been Artisanal (small miners) in nature and production continues to this day.

With the frequent occurrence of the very high grade gold vein systems in the central area of Orofino’s Senderos de Oro project and with several small scale grinding and amalgamation mills in-place, ORFG 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 while Orofino continues to explore further the Primary Porphyry Target which is the bulk minable gold/copper porphyry systems.

Orofino has reviewed several engineering and design firms with gold production facilities design and operational experience and is currently creating a short list prior to engaging the design team.

ORFG intends to continue the relationships currently enjoyed with all government agencies, the local communities, as well as current production teams and will involve these groups in all major processing and production planning decisions.

 

vgz_logo

Vista Gold Corp. (NYSE Amex Equities:VGZ) is pleased to report estimated proven and probable mineral reserves of two million ounces and the positive results of a Preliminary Feasibility Study (”PFS”) for the Batman deposit at the Company’s wholly-owned Mt. Todd gold project in Northern Territory, Australia.

The Mt. Todd gold project mine site is located 230 km southeast of the port of Darwin and 56 km by road north-northeast of the regional center of Katherine. Katherine and Darwin are connected by a railroad and the Stuart Highway. An existing paved road connects the mine site to the Stuart Highway.

Vista acquired the project in February 2006 for approximately $2.0 million, reaching agreements with Ferrier Hodgson, the Deed Administrators for Pegasus Gold Australia Pty Ltd., the government of the Northern Territory of Australia and the Jawoyn Association Aboriginal Corporation. Pegasus reported investing over $200 million to develop the Mt. Todd gold project mine and operated it from 1993 to 1997, when the Mt. Todd gold project was closed as a result of technical difficulties and low gold prices.

The mine’s plant and most of the equipment were sold in June 2001 and removed from the mine, but the tailings facility, fresh water storage reservoir, natural gas pipeline (for power generation), and various buildings and useful foundations remain.

Since acquiring the project in 2006, Vista has undertaken various studies and programs, including an initial Preliminary Economic Assessment (”PEA”) issued on December 29, 2006, an updated PEA issued on June 11, 2009, extensive sampling and diamond drilling (over 26,000 meters), an extensive metallurgical test program which included crushing and grinding, flotation and leach test work, mine design, as well as various preliminary engineering studies and cost estimates.

 

anv_logo

Allied Nevada Gold Corp. (AMEX:ANV) has reported that Newmont Mining Corp. has notified the Company that it does not elect to enter into a joint venture agreement for the Hasbrouck and Three Hills properties, located near Tonopah, Nevada.

Allied Nevada will begin a 30-hole exploration program at Hasbrouck in September 2010. The primary goals of this program are to upgrade and increase the current resource, test the depth of mineralization and provide further samples for metallurgical testing.

The Hasbrouck Mountain project is an advanced stage exploration project where, historically, 151 holes totaling 22,433 meters have been drilled on the property by various predecessors including Cordex and Newmont. All historical drilling on the property was completed using conventional rotary and reverse circulation technology. The property hosts an indicated mineral resource of 18.4 million tonnes at an average grade of 0.79 g/t Au and 10.97 g/t Ag for 459,000 contained ounces of gold and 6.5 million contained ounces of silver, as reported in the NI 43-101 compliant technical report dated August 14, 2006, and filed on SEDAR.

Hasbrouck mineralization was deposited by an epithermal hot-spring system and is accompanied by pervasive silicification, with associated adularia and pyrite. The property is located approximately 50 miles south of the Round Mountain open pit mine, a joint venture between Kinross Gold and Barrick Gold.

Allied Nevada will retain 100% ownership in these properties, subject to a 2% net smelter return royalty to Newmont upon attaining commercial production. As per the agreement between Allied Nevada’s predecessor company, Vista Gold Corp., and Newmont Capital Limited, Newmont is entitled to receive US$500,000 upon commencement of commercial production and an additional US$500,000 if the gold price exceeds US$400 per ounce for any three calendar month period following commercial production.

 

 

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

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

 

drstbc

 

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.

 
Share/Bookmark
 
 
 

DrStockPick.com Presents A Market Watch For TGMP, SILA, NUEC and CRWE.

Tuesday, August 24th, 2010

drstock-2-3

signup3m

 

 

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

American Power Corp. (OTC.BB:TGMP) will proceed to kick start the development of its advanced Pace Coal Project in Judith Basin County, Montana.

Montana’s demonstrated reserve base of 119.1 billion short tons of coal represents over 24% of America’s total demonstrated coal reserve base of 487.7 billion short tons. Of particular importance, the coal at the Pace Coal Project is bituminous B coal, which, due to its higher BTU rating, secures a higher market price than most of Montana’s coal (typically sub-bituminous or lignite).

Substantial infrastructure is already in place adjacent to and within the acreage, including a federal highway, a BNSF railway line, pipeline, and power lines, all of which would facilitate the economic extraction and transportation of coal to market.

http://pennyomega.com/img/tgmp_highlight.jpg

 

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

 

Gold American Mining Corp. (OTC.BB:SILA) reports additional positive results from its Guadalupe property, located in the heart of the Fresnillo district, Zacatecas, Mexico.

Fieldwork continues to identify additional veins within the property — as such several veins remain without names. To date nine veins have been mapped within the Guadalupe property. In certain locations the width of sampling was limited by the size of the workings and as such the true width of mineralization remains unknown.

The Property contains greater than 20 known workings as well as two historic mines — Santa Rita and San Antonio. Historic records containing references to the Santa Rita and San Antonio mines suggest that both mines were important and reached their height of production between 1910 and 1920 but were last in production in the 1980s. The property is completely surrounded by land controlled by Peñoles (either through Fresnillo or other subsidiaries and partners).

http://pennyomega.com/img/sila_highlight1.jpg

 

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

NuEarth Corporation (NUEC.PK), a manufacturer and marketer of “Clean & Green” products and technology, reports that the company’s Laboratory and Research Division “TerraSolv SA” has renegotiated and finalized its Joint Venture Agreement with Laboratorio Internazionale Agricoltura, S/p/A (”LIA”) of Italy.

The joint venture will continue to utilize the TerraSolv SA state-of-the-art development and testing lab currently being relocated to the United States of America. This data center, which collects data from clients around the world to run projects ranging from usability, capacity, spread and weather modeling and performance testing. The heart of the laboratory is a 225-gigabyte database of environmental and agricultural project records running on six HP servers and two Novell servers storing the data and running the software being tested.

NuEarth is a company dedicated to bringing to market “Clean Solutions to Complex Problems” by offering a wide range of biodegradable, environmentally friendly products and technologies that will substitute for many of the hazardous chemicals commonly used all over the world.

http://pennyomega.com/img/nuec_highlight.jpg

 

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

 

Crown Equity Holdings Inc. (OTCBB:CRWE) announces that its sales this year have already surpassed $1,000,000. This compares to $232,510 for the three quarters ending September 30, 2009 and $ 659,907 total sales for the year 2009.

“Based on our sales to date, we had more than 4 times the sales for the same period last year and are 34% ahead of last year’s total sales,” commented Kenneth Bosket, President and CEO of Crown Equity Holdings Inc. “Our growth in sales along with our investments in infrastructure and people give the company a basis for supporting future growth of the magnitude we have seen so far this year,” stated Bosket.

http://pennyomega.com/img/crwe_highlight.jpg

 

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

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

 

drstbc

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 from a third party (Winning Media) for on (1) day of advertising for AMERICAN POWER CORP (OTC BB: TGMP.OB)

Crown Equity Holdings, Inc. (CRWE.OB) has received twenty-five thousand dollars in cash from a third party (Winning Media) for (3) days of advertising for Gold American Mining Corp (SILA.OB)

Crown Equity Holdings Inc. (CRWE.OB) has received Five thousand dollars from a third party (Paaga Media) for one (1) day of advertising for NuEarth Corp. (NUEC.PK)

 
Share/Bookmark
 
 
 

DrStockPick Updates You On Mining Companies Gold American Mining (SILA) and American Power (TGMP).

Monday, August 23rd, 2010

drstock-2-3

signup3m

 

 

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

 

 

tgmp_logo

American Power Corp. (TGMP.OB) is a publicly traded, dynamic energy company based in Denver, Colorado. The Company was established with the focus of acquiring near-term, large-scale advanced coal projects in close proximity to national transportation links. American Power envisions developing its large coal resources to support electricity generation.

American Power is a member of the Montana Mining Association, and holds approximately 29,000 acres in Judith Basin County, Montana. The estimated resources in place, based on exploration work conducted by Mobil Oil Co. (now ExxonMobil Corp.), and in several independent studies, range from 172 million up to 410+ million tons of high bituminous coal. All of the studies are available for download in the Projects section of the Company website.

American Power Corp. is an exploration stage company, focused on the acquisition, exploration, and development of coal, oil, and gas exploration properties in the United States. The company primarily focuses on the Rocky Mountains region. It has certain contractual rights in coal and minerals located in the Judith Basin County, Montana.

With America’s largest railway network, the Burlington Northern Santa Fe (BNSF) railway line running within TGMP’s acreage, they can readily supply coal to both national and international customers. Warren Buffet’s recent $34 Billion investment in BNSF proves that a large part of America’s energy future remains in coal.

 

 

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.

 

 

 

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

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

 

drstbc

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 in cash from a third party (Winning Media) for (3) days of advertising for Gold American Mining Corp (SILA.OB)

Crown Equity Holdings Inc. (CRWE.OB) has received Eight thousand dollars from a third party (Winning Media) for on (1) day of advertising for AMERICAN POWER CORP (OTC BB: TGMP.OB)

 
Share/Bookmark
 
 
 
  • Site Translator:
Exclusive Videos



Hot stocks to watch!

Level 3 Communications Inc - LVLT

MGM Mirage Inc - MGM

Lowe's Companies Inc - LOW

Energy Select Sector SPDR ETF - XLE

Weatherford Internation Lt - WFT

NVIDIA Corp - NVDA

Micron Technology Inc - MU

Sirius XM Radio Inc - SIRI

Altera Corp - ALTR

RF Micro Devices - RFMD

NetApp Inc - NTAP

Comcast Corp New - CMCSA

Cleantech Transit, Inc. - CLNO.OB

JPMorgan Chase & Co - JPM

QUALLCOMM Inc - QCOM

Hewlett-Packard Co - HPQ

Mylan Laboratories Inc - MYL

Baidu Inc - BIDU

Crown Equity Holdings Inc. - CRWE.OB

Oracle Corporation - ORCL

Direxion Shs Etf Tr - FAS

Nokia Corp - NOK

 
 
Live With Dr.StockPick
Coming Soon
 
 

 

Follow Dr Stock Pick at
PennyOmega.com Vision

Every success must begin with a vision. If you can see it, you can achieve it.