Good morning to you all. Please find enclosed a summary of the great small-cap and micro-cap press releases we highlighted on our TV show this morning. It’s April 7th and we’ve found 6 great press release from both sides of the border to report on at the open. Another great day for the small-cap and micro-cap world.
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Stroud Resources Ltd. (TSX VENTURE: SDR.V)
Intersects 280.20(g/t) Silver, 1.70 (g/t) Gold and 2.37% Zinc Over 11.3 Metres in
results from four drill holes in its current drill program at the
Diamond drill hole SD-16 intersected a mineralized zone grading 280.2(g/t) silver, 1.70(g/t) gold, 2.37% zinc and 0.42% lead over 11.3 metres or 492.72(g/t) silver equivalent(1).
Drill hole SD-14, drilled 98 metres to the south of SD-16, intersected 156(g/t) silver and 0.89(g/t) gold, 0.32% lead and 0.39% zinc over 15.1 metres, or a silver equivalent(1) of 235.01(g/t), including 7.6 metres of 181.83(g/t) silver and 0.833(g/t) gold as well as zinc and lead values for a silver equivalent(1) of 266.52(g/t).
Drill hole SD-15, drilled below SD-14, intersected 36.6 metres of 83.33(g/t) silver, 0.50(g/t) gold and lead and zinc values for a silver equivalent(1) of 172.20(g/t), including 8.6 metres of 113.69(g/t) silver and 0.55(g/t) gold, 1.62% lead and 1.99% zinc for a silver equivalent(1) of 317.27(g/t).
Drill hole SD-13 intersected 3.0 metres of 165(g/t) silver and 0.64(g/t) gold as well as 2.02% lead and 3.55% zinc for a silver equivalen(1) of 464.45(g/t). SD-13 also intersected 16.5 metres of 36.55(g/t) silver, 0.653(g/t) gold and 0.55% lead and 1.30% zinc for a silver equivalent(1) of 153.45(g/t).
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Golden Tag Resources Ltd. (TSX VENTURE: GOG) and ECU Silver Mining Inc. (TSX: ECU)
Confirmation of High Grade Silver-Lead-Zinc Values in Main Veins at
additional diamond drill hole results from its exploration program at their jointly held
Partial drill results from recent holes, SD-07-23 and SD-08-26, drilled in the Eastern sector of the property continue to expand mineralization as well as confirm high grade nature of the main Montanez, Cantarranas Veins and subsidiary, El Jal Veins and Canta-Splay Vein.
In addition, recent sampling of old workings conducted on the Porvenir Vein confirmed the high grade potential of this vein.
Results from drilling with true widths are reported in Table 1.
Highlights from drilling include:
Montanez Vein
The vein has been confirmed over a strike length in excess of 600 metres.
– 1,786 g/t Ag over 1.25 m (SD-08-26) with 6.38% Lead and 4.33% Zn
Cantarranas Veins
The vein a confirmed strike length of 400 metres.
– 1,365 g/t Ag over 0.75 m (SD-08-26) with 21.40% Pb and 6.90% Zn; and,
– 1,060 g/t Ag over 0.55 m (SD-08-26) with 14.95% Pb and 3.85% Zn
GOG .33
ECU 1.88
Medicago Inc. (TSX-V: MDG.V)
Earns $0.5 million milestone payment from Fortune 100 Company
received a $500,000 payment from an undisclosed Fortune 100 Company for the attainment of an important milestone.
On February 7, 2008, Medicago entered into a second non-exclusive license agreement with the Partner for the development and commercialization of Medicago’s proprietary plant-based production technology.
Under terms of the agreement, Medicago was to receive an upfront payment of $1,500,000 and a payment of $500,000 upon attainment of the above mentioned milestone.
“We are very pleased to have successfully completed our first milestone under this collaboration,” said Andy Sheldon President and CEO. “We continue to make significant progress in the development of our proprietary technology and look forward to additional opportunities.”
Medicago is committed to provide highly effective and affordable vaccines based on proprietary Virus-Like Particle (VLP) and manufacturing technologies. Medicago is developing VLP vaccines to protect against H5N1 pandemic influenza, using a transient expression system which produces recombinant vaccine antigens in non-transgenic plants. This technology has potential to offer advantages of speed and cost over competitive technologies. It could deliver a vaccine for testing in about a month after the identification and reception of genetic sequences from a pandemic strain. This production time frame has the potential to allow vaccination of the population before the first wave of a pandemic strikes and to supply large volumes of vaccine antigens to the world market.
.70
Bear Creek Mining (TSX Venture: BCM.V)
announces discovery of new zone of silver mineralization at
results for 32 additional diamond drill holes (5,355 meters). Drilling at
Santa Ana is located 200 kilometers south of the Company’s Corani silver-base metal deposit in southeastern
Highlights of this press release
– Drill hole SA-66A intersects 148m @ 166.0 g/t Ag, 1.4% Pb and
1.8% Zn, including:
– Drill hole SA-67 intersects 60m @ 96.9 g/t Ag and 1.2% Zn,
– Drill hole SA-77 intersects 100m @ 41.3 g/t Ag,
– Drill hole SA-81 intersects 24m @ 269.6 g/t Ag,
– Discovery of a 220-meter-wide area of mineralization located 750
meters southwest and on trend of the current resource.
Andrew Swarthout, President and CEO of Bear Creek, states “Very good results continue at
7.75
ECOtality, Inc. (OTCBB:ETLY)
Announces Preliminary First Quarter 2008 Revenue Estimates and Revenue Guidance of Over $15 Million for 2008
today announced that based on first quarter sales activity the Company anticipates revenue for the first quarter of about $2.3 million compared to $0 for the first quarter of 2007.
For 2008, the Company expects to generate over $15 million in revenue, compared to $2.6 million for the 2007 fiscal year.
President and CEO Johnathan Read said, “With reduced operating costs combined with modest organic growth of our subsidiaries, we are confident that ECOtality will be cash flow positive in 2008.
a renewable energy company that acquires and commercially advances clean electric technologies and applications.
close : $0.19 52 wk hi/lo $0.96/
China Industrial Waste Management, Inc. (OTC: CIWT)
Announces Fourth Quarter and Full Year 2007 Earnings
Highlights for the Fourth Quarter 2007 and the Fiscal Year 2007
Q4
— Total revenues were US$3.07 million, an increase of 55%
— Net income was US$1.52 million, an increase of 94.9%
FY
— Total revenues grew by 49.5% to US$9.54 million
— Net income increased to US$3.69 million, a 58.4% increase.
— Diluted earnings per share for 2007 were $0.28, compared to $0.18, up 56%
— Net cash provided by operating activities were US$4.62 million, representing an increase of US$1.18 million over 2006
Engaged in the collection, treatment, disposal and recycling of industrial wastes principally in
Close $1.75 52 wk hi/lo $4.50/$1.20