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In Celebration Of Gold $1,000, 16 Great Gold Juniors For You To Choose From

Posted by AGORACOM at 3:11 PM on Wednesday, October 7th, 2009

Back on September 9th, when Gold firmly crossed over $1,000, we posted our first “In Celebration Of Gold $1,000 Post, 15 Juniors For You To Choose From“.   It was spurred on by the amount of buzz created by those seeking to invest in good gold stocks.   For example, world-renowned small-cap trader and “stock guru to the little people” – Timothy Sykes – immediately posted the following to Twitter at 7:30 AM that morning:

TimothySykes Gold Request

With gold now trading closer to $1,050 and waving bye-bye to the fading $1,000 level, I anticipate more requests like this would come in from all over the web, so I’ve update the list for all those investors who are now seeking great gold juniors.

I’ve put together a quick snapshot of 16 gold stocks / AGORACOM Clients. Yes, assume I am horribly conflicted and do your own homework.

I’ve listed the companies alphabetically to avoid any appearance of preferential treatment. You have some grass roots companies, as well as, some cash generating producers in here, so be sure to look through the entire list and find the one that best suits your investment needs.

What is really great about these junior gold companies is they are completely accessible to questions from online investors. You post questions to their HUB and get an answer in less than 24 hours – and usually the same day. That should give you an early indication as to the confidence of these companies. I’ve provided a link to each company’s HUB and electronic shareholder forum.

If you have already committed to making gold stocks a part of your longer-term investing plan (longer than the end of this week), then you’ll also want to utilize the following helpful resources that I have set up:

Gold Prices Page – Consolidated view of everything from spot prices to 1-year charts.

Gold $1,000 Blog Posts – Anytime I post something about gold, I add it to this category for ease of use. You will note that we have been calling for $1,000 gold for a couple of years now. Our Chief Commentator, Peter Grandich, has been interviewed in WSJ, CNBC, Fox, BNN, Marketwatch and almost every other major media source for his uncanny gold calls over the past 3 years.

I hope you will find this list helpful and I look forward to any comments you may have.

Regards,
George

(AGX: TSX-V)

Anomalous Gold Values Confirmed in Drilling and Surface Sampling over a distance of 500m at the Loveland Project.

The Loveland property is located in one of the largest gold camps in the world with total combined production exceeding 68 million ounces. Amador recently discovered high grade gold at surface in addition to their existing historical base metal resource.

Link to Hub / Link to Profile / Link to Forum

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NI 43-101 Resource Estimate on the 257 Level on its Kenville Gold Mine of 250,845 ounces of gold measured indicated and inferred

The Kenville Gold Mine has 6 levels with the main production levels known as the 257 Level and the 275 Level. The 257 Level has a NI 43-101 report under review with a resource of 590,518 tonnes and 250,845 ounces of gold. Work is underway on the 275 Level to expand the known gold resource within the Kenville Gold Mine footprint. The Kenville Gold Mine property is ranked the 26th largest gold producer in BritishColumbia history.

Link to Hub / Link to Profile / Link to Forum

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(DAN: TSX-V)

Recent grab sample of 30.2 g/t Au on its Opinaca gold project in James Bay, Quebec

The Opinaca property is located 380 km north of Matagami, Québec, in the James Bay areain the Eastmain Greenstone Belt, which hosts two known gold deposits: The Reservoir deposit (10 Mt at 0.65 g/t Au and 0.12% Cu) and The Eau Claire deposit (inferred and indicated resources of 990,000 ounces of gold). Recent exploration work on the property returned up to 31.44 g/t Au over 2.6 m including 55.94 g/t Au over 1.45 m.

Link to Hub / Link to Profile / Link to Forum

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(BTC: TSX-V)

Growth through Acquisition, Investment and Discovery

The Company’s diverse property portfolio includes Canadian projects which are highly prospective for Gold, Uranium, Platinum, Palladium, Nickel and Copper.

Highlights Include:

  • $15.2 Million in Cash
  • 34% ownership Coro Mining Corp (COP.TSX)
  • Ownership in Marathon PGM Corp (MAR.TSX)
  • Currently drilling second phase diamond drill program on the Copper Hill Block A Property

Link to Hub / Link to Profile / Link to Forum

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(CSG: TSX-V)

Operates 2 producing gold mines in the Americas.

Annualized gold production at the flagship El Castillo mine totaled 31,548 ounces of gold. Castle Gold is working towards expanding gold production at the El Castillo mine to 50,000 oz of gold by H2-2009. Metal revenues for the second quarter of 2009 totalled $7,542,379 compared to $847,250 in the prior year period. The El Castillo mine is located in the Durango district of Mexico and hosts 750,000 ounces of proven and probable Reserves within a 1.2 million ounce measured and indicated resource.

Link to Hub / Link to Profile / Link to Forum

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(CZS: TSX-V)

Junior Explorer Active In Gold: High Grade & High Tonnage Properties

The 100% owned Prospect Valley Propertyis located in the center of the Spences Bridge Gold Belt, 35kms west of Merritt, British Columbia. Prospect Valley is a large gold open pit and vein type target that is comprised of a contiguous block of claims covering 10,796 hectares

Link to Hub / Link to Profile / Link to Forum

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(EVG: TSX-V)

Evolving Gold Intersects 67.1 Meters at 10.8 gpt Au at Rattlesnake Hills

Evolving Gold Corp. is focused on finding multi-million ounce gold deposits in proven gold producing areas in Western USA. Their geoscience team has over 200 years of collective experience. Evolving Gold Corp. currently has $17 Million in the treasury.

Bulk tonnage gold deposit. Alkalic system with potential for multi-million oz Au in a structurally controlled environment

• Phase 1 drill program: 6,524 meters, 15 holes

  • Defined a zone of gold mineralization at the North Stock target approximately 450 meters long, 200 meters wide, and extending from surface to at least 550 meters deep where it remains open (see press release dated April 14, 2009).

• Phase 2 drill program complete.

Link to Hub / Link to Profile / Link to Forum

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(GZD: TSX-V)

Focused On Exploring For World Class Gold & Base Metal Deposits In British

Columbia & Diamonds & Industrial Minerals In Alberta

Sept 9, 2009 – Greenwood Gold Project With Rock Samples Yielding Up to 55.3 g/t (1.61 oz/t) Gold

CEO Webcast Interview with Mr. Brian Testo – Sept 29, 2009


Link to Hub/ Link to Profile/ Link to Forum

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(HMI: TSX-V)

Ballarat property located approximately 15km to the south of the Golden Saddle zone in the Yukon, where Underworld Resources Inc. reported notable gold values in drill intersections:

May 26, 2009 Underworld Intersects 104.0 meters of 3.4 g/t Au at Golden Saddle Zone, White Gold Property, Yukon

Hinterland Metals Inc. is focused on precious metal exploration in the Yukon, Quebec, Ontario and Manitoba.

Link to Hub / Link to Profile / Link to Forum

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(LMA: TSX)

La Mancha produces record quarterly gold production of 27,755 ounces at an average cash cost of US $484 per ounce, resulting in net earnings of $6.1 million.

La Mancha has strategically distributed production between Africa and Australia. The company has recently increased its resources to1.8 Million Ounces with an increased 2009 production target of 100,000 ounces.

Hassai Property Highlights:

– 1,006,000 ounces of gold (402,400 oz attributable to La Mancha)

– 297,000 tonnes of copper (118,800 tonnes attributable to La Mancha)

Link to Hub / Link to Profile / Link to Forum

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(LAT: TSX-V)

The Company’s Paso Yobai property is an emerging gold camp located in eastern Paraguay

The Company has completed an extensive exploration program and has significantly enhanced the value of the property by diamond drilling returning up to 26.6 gpt gold over 6.5 metres and by outlining a possible mineral deposit containing between 3.5 and 9.0 million tonnes averaging between 4gpt and 7gpt gold; furthermore, management believes the entire Paso Yobai Gold Tend, which has been continuously traced along strike for 8 kilometres, could host a potential mineral deposit ranging between 3,500,000 and 7,000,000 tonnes of similar grade.

Link to Hub / Link to Profile / Link to Forum

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(ND: TSX)

A junior gold producing resource company.

July 2009 Highlights

• Gold productionof 1,016 ounce
• Gold sales totaled US$1,037,000

Q3 Financial Highlights

• 2,931 ounces of gold produced
• US$3.67M Working Capital as of June 30, 2009
• US$2.87 million in revenue from the sale of 3,122 oz of gold
• US 2.5 cents per share income before non-cash items

NI 43-101 report of 959,900 oz of gold resource grading between 3.8 – 6.1 g/t, with inferred mineral resources of 347,600 ounces of gold grading 5.16 – 5.91 g/t.

Reserves and resources are based upon a 2.45 g/t cut-off and US$875/oz gold price at the Turk and Angelus Mines.



Link to Hub / Link to Profile / Link to Forum

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(ONT: TSX)

THE BROOKBANK GOLD DEPOSIT

Largest NI 43-101 resource estimate in the Beardmore – Geraldton region of Northern Ontario

Indicated: 1.8 million tonnes grading 7.3 g/t gold containing 432,300 oz.

Inferred: 2.7 million tonnes grading 4.9 g/t gold containing 421,400 oz.

Known gold mineralization over strike length of 7 Km.

Large land package (688 claims); surrounded by Kodiak Resources and in proximity to Premier Gold / Roxmark’s Geraldton Project

Located in historical mining camp which has produced over 4 million oz gold

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(SGX: TSX-V)

Recent sampling results of 351.58 g Au/T over 1.28 metres at King Solomon’s Pillars

Nine gold bearing veins were discovered on the Golden Extension in Northwestern Ontario. The Golden Extension reported channel results of up to 136.5 g/t gold and is believed to be the northwest extension of Kodiak’s Golden Mile. The prolific Beardmore Geraldton Gold Belt has produced over four million ounces of gold at grades that are comparable to the Red Lake gold mining camp in north western Ontario.

Link to Hub / Link to Profile / Link to Forum

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(SMH: TSX-V)

Black Banana Returns Assays Up to 281.7 g/t Au (8.2 oz/t)

Confirmed the presence of multiple high grade veins and widespread gold mineralized areas on its Black Banana Project in Guyana. The Black Banana Project consists of ten (10) medium scale prospecting licenses, covering approximately 10,000 acres. Shoreham also recently acquired a Five Star Gold property of approximately 13,000 acres near Matthew’s Ridge in northwestern Guyana with reported grades ranging from trace to a high of 80.2 g/t Au.

Link to Hub / Link to Profile / Link to Forum

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(QAU: TSX-V)

Five historic gold mines are located within the area, two of which were producing gold mines.

Q-Gold Resources Ltd. is mainly focused on exploring and reactivating the historic (1890’s) Mine Centre Gold Camp in the Kenora Mining Division of Northwestern Ontario, where the Company holds over 32,000 acres of mining claims

Link to Hub / Link to Profile / Link to Forum

Posted in AGORACOM Clients (New), All Recent Posts, Gold $2,000 | 6 Comments »

Intertainment (INT: TSXV) Subsidiary Closes on Purchase Of Dye & Durham Print and Graphic Asset

Posted by AGORACOM at 4:51 PM on Thursday, October 1st, 2009

AGORACOM client, Intertainment Media, has been making a lot of news lately.  Financing, strategic alliances, mobile, U.S. expansion and – today- a big acquisition by its fine commercial printing subsidiary.  The highlights are below.

As a client of AGORACOM, assume I am horribly conflicted about Intertainment and take a close look at the recent news + today’s news yourself.  I love gold and resources right now – but responsible investing means diversity and you all know how much I love Web 2.0.  Intertainment by far is Canada’s leading small-cap Web 2.0 company, which is why I’m starting to get really excited about the company’s future.

In the meantime, here are the highlights from today’s news, as well as, a link to the full release and other relevant links.

  • Intertainment closed on an agreement previously announced to acquire the print and graphic assets, print and graphics clients, programs and equipment of Dye & Durham, a division of The Cartwright Group Ltd., a leader in serving the legal, professional and business markets in Canada for 135 years.
  • Today’s Acquisition further establishes Magnum (a wholly owned subsidiary of Intertainment Media) as a leader in the graphics industry, building on the trusted service that it has provided clients for almost 25 years.
  • “This acquisition marks a major milestone in the development and growth of Intertainment’s divisional business strategy, integrating traditional businesses into co-operative online and conventional revenue models,” said David Lucatch, CEO of Intertainment Media Inc. “Both increased revenue and the added expertise of Al Monteath will enable Magnum to accelerate its online and on-demand graphics services business, increasing efficiencies and customer benefits, while dovetailing directly into other Intertainment platforms, including itiBiti, providing clients with both online and direct response business solutions.”

Intertainment Media Acquisition Update: Magnum Fine Commercial Printing Closes on Dye & Durham Print and Graphic Asset Purchase

Intertainment Media Inc. IR Hub

Intertainment Media Inc. Profile

Intertainment Media Inc. Discussion Forum

Regards,
George

Posted in AGORACOM Clients (New), Web 2.0, 3.0, ... | Comments Off on Intertainment (INT: TSXV) Subsidiary Closes on Purchase Of Dye & Durham Print and Graphic Asset

New Dawn Mining Implements Program To Increase Gold Production To 35 – 50,000 Ounces

Posted by AGORACOM at 4:00 PM on Wednesday, September 16th, 2009

New Dawn’s Turk and Angelus Mines in Zimbabwe

http://blog.agoracom.com/wp-admin/post.php?action=edit&post=3240

35,000 to 50,000 oz Potential Gold Production

Expansion Plans Fully Funded From Operating Cash Flow

AGORACOM Client, New Dawn Mining, announced via press release that it has implemented a program to increase its current production at its Turk and Angelus Mines in Zimbabwe to an annual production rate of 35,000 to 50,000 ounces of gold.

COMPANY WILL BE ADDING TO CURRENT PRODUCTION AND REVENUE

This is more than just lip service from a company that is already producing meaningful revenues from current gold production. Specifically, in mid-August, the company issued production, revenue and cash flow numbers that demonstrate great progress.  Here are the highlights:

# US$0.016 per basic share or US$464,003 of operating income before

other income/expense and future taxes

# US$0.025 per basic share or US$719,644 of income before non-cashexpenses and future taxes (non-GAAP)

# US$2,865,285 of revenues from the sale of 3,122 ounces of gold at an average sale price of $917 per of2,931 ounces of gold produced during the quarter ended June 30, 2009

# Cash costs of US$503 per ounce during the quarter ended June 30, 2009 (cash costs are a non-GAAP measure)

# 100% of gold sales received and collected in US dollars

# Company re-affirms its first production rate target of 3,600 ounces of gold per quarter by Fiscal Q1 2009/2010

NEW DAWN PRODUCTION EXPECTATIONS GOING FORWARD

Targets:

· Turk Mine is expected to achieve its first annual production target of 14,000 ounces of gold in October 2009.

· The next annual production target of 22,000 to 23,000 ounces of gold is expected to be reached by the end of the third quarter of calendar 2011.

· Management also intends to test a new lower energy fine grinding technology that, if successful, is expected to both improve recoveries and further lower cash costs to below $400 per ounce of gold produced.

Click here to view today’s press release in its entirety.

New Dawn Mining Corp. IR Hub
New Dawn Mining Corp. Profile
New Dawn Mining Corp. Discussion Forum

Congratulations to the entire New Dawn Mining Team on it’s continued progress.

Regards,

George

Posted in AGORACOM Clients (New), All Recent Posts | 2 Comments »

AGORACOM Client Evolving Gold (EVG:TSXV) Identifies New Zone of Mineralization At Rattlesnake Hills

Posted by AGORACOM at 2:06 PM on Monday, September 14th, 2009

Evolving Gold Identifies New Zone of Mineralization At Rattlesnake Hills

Evolving Gold announced that drilling in the southeast portion of the North Stock has indicated a new zone of gold mineralization at depth. The mineralization occurs in association with porphyries of a type not previously seen in this system of alkalic intrusions and diatremes.

North Stock Target:

  • Near the bottom of drill hole RSC-027 a new style of mineralization associated with intermediate porphyry and stockwork veining was encountered well outside the margin of the diatreme. Intersections included 30.5 meters 1.89 gpt gold (100 ft at 0.055opt Au), including 7.6 meters at 3.75 gpt gold (25 ft at 0.109 opt Au), and 35.1 meters at 1.74 gpt gold (115 ft at 0.051 opt Au).
  • Nearer surface, drill hole RSC-027 also intersected 135.6 meters at 0.89 gpt Au (445 ft at 0.026 opt Au).
  • Drill hole RSC-028 intersected 59.5 meters at 0.85 gpt Au (195 ft at 0.025 opt Au) starting at 33.5 meters (110 ft) from surface.

Click here to view today’s press release in its entirety.

Evolving Gold Corp. IR Hub

Evolving Gold Corp. Profile

Evolving Gold Corp. Discussion Forum

Regards,
George

Posted in AGORACOM Clients (New) | Comments Off on AGORACOM Client Evolving Gold (EVG:TSXV) Identifies New Zone of Mineralization At Rattlesnake Hills

Uracan Resources joins AGORACOM 100 with a NI 43-101 Resource estimate of over 40.7 million lbs of Uranium

Posted by AGORACOM at 10:39 AM on Monday, September 14th, 2009

Urc

I’m very happy to announce that Uracan Resources (URC:TSXV) was added to the AGORACOM 100 today. Uracan Resources is in the business of exploring and developing bulk tonnage, near-surface uranium deposits with its two 100%-owned projects in Canada. With only 40 of 1000 square km explored on the Quebec property, Uracan has discovered over 40.7 million lbs. (NI 43-101 inferred resources) U3O8 since 2006 and the 2009 Drilling Program is expected to bring further positive results.  I like the fact that Uracan is armed with a 43-101, which significantly differentiates them from “less polished” Uranium pretenders.

The AGORACOM 100 is meant to be a filter that provides investors with an ability to separate the wheat from the chafe – and Uracan Resources is most definitely AGORACOM 100 material. The fact that Uracan has chosen to make itself fully accessible via online investor relations and an electronic shareholder forum (all links below) tells you a lot about the company’s confidence.  You just don’t open yourself up to the public unless you believe in your story.  As such, I’m looking forward to sharing the company’s developments with you over the next 12 months and beyond.

Now, as a client of AGORACOM, assume I am horribly conflicted about the prospects for Uracan Resources and do your own due diligence.  To that end, I’ve provided you with a running start below.

Highlights include:

·Focused on bulk tonnage near-surface uranium deposits

·Two 100%-owned projects:North Shore, Quebec & Pipewrench Lake, Saskatchewan

·40.7 million lbs. U3O8 (NI 43-101 inferred resources) discovered at North Shore project

·Summer 2009 Exploration Program underway

Recent News:

Uracan begins drilling on higher grade Grandroy and Turgeon Est Zones
9:15 AM ET, September 9, 2009

Uracan Discovers Higher Grade Uranium Mineralization
9:15 AM ET, August 26, 2009

Uracan Resources:Full Profile
Uracan Resources:HUB
Uracan Resources:Shareholder Forum

Posted in AGORACOM Clients (New) | Comments Off on Uracan Resources joins AGORACOM 100 with a NI 43-101 Resource estimate of over 40.7 million lbs of Uranium

Benton Resources Joins AGORACOM 100 With $15 Million In Cash And Great Canadian Metals Projects

Posted by AGORACOM at 3:40 PM on Friday, September 11th, 2009

I’m happy to announce that Benton Resources Corp (BTC:TSXV)  was added to the AGORACOM 100 today . The Company’s diverse property portfolio includes Canadian projects which are highly prospective for Gold, Uranium, Platinum, Palladium, Nickel and Copper.  I also like the fact that Benton’s coffers come armed with more than $15,000,000 in cash.

The AGORACOM 100 is meant to be a filter that provides investors with an ability to separate the wheat from the chafe – and Benton Resources is most definitely AGORACOM 100 material. The fact that Benton has chosen to make itself fully accessible via online investor relations and an electronic shareholder forum (all links below) tells you a lot about the company’s confidence.  You just don’t open yourself up to the public unless you believe in your story.  As such, I’m looking forward to sharing the company’s developments with you over the next 12 months and beyond.

Now, as a client of AGORACOM, assume I am horribly conflicted about the prospects for Benton Resources and do your own due diligence.  To that end, I’ve provided you with a running start below.

Highlights Include:

  • $15.2 Million in Cash
  • 34% ownership Coro Mining Corp (COP.TSX)
  • Ownership in Marathon PGM Corp (MAR.TSX)
  • Currently drilling second phase diamond drill program on the Copper Hill Block A Property

Recent News:

Benton Resources Joins the “AGORACOM 100” and Launches Online IR and Marketing Program

11/09/2009

Benton Reports That Coro Mining Corp. Announces Positive Conclusions From Independent Review of San Jorge Project by Mendoza University

10/09/2009

Benton Starts Phase II Drilling on High Grade Zones at Golden Harp Block a Option

09/09/2009

Benton Resources: Profile

Benton Resources: Hub

Benton Resources: Shareholder Forum

Posted in AGORACOM Clients (New), All Recent Posts | Comments Off on Benton Resources Joins AGORACOM 100 With $15 Million In Cash And Great Canadian Metals Projects

More Than 1M Ounces Of Gold In 43-101 For AGORACOM Client – La Mancha Resources (LMA:TSX)

Posted by AGORACOM at 11:45 AM on Thursday, September 10th, 2009

First VMS 43-101 Resource Shows More Than 1 Million Ounces of Gold at La Mancha’s Hassai Property

La Mancha is an AGORACOM client, so assume that I am horribly conflicted and do your own due diligence. I personally love to see 43-101 news from anybody, not just AGORACOM clients, because it is a strict guideline for how public companies can disclose scientific and technical information about mineral projects on bourses supervised by the Canadian Securities Administrators.  In short, it makes it near impossible to sprinkle gold on your property and pull of a scam.

Here are some of the highlights of today’s release, which you should also read in its entirety.

HIGHLIGHTS:

  • 1,006,000 ounces of gold (402,400 oz attributable to La Mancha)
  • 297,000 tonnes of copper (118,800 tonnes attributable to La Mancha)
  • Confirmation of an enriched supergene zone at the top of the structure
  • Resource remains open at depth
  • La Mancha reaffirms its target of growing its consolidated M&I resources to 4 million ounces of gold within the next few years

ABOUT THE HASSAI MINE

The Hassai mine is located in the Red Sea Hills desert of northeastern Sudan, some 450 km from Khartoum. Inaugurated in 1992, it is Sudan’s first and only gold mine in production. Twelve pits have been mined over the years, generating a cumulative production of more than 2.1 million ounces of gold. La Mancha owns 40% of the mine through a subsidiary and is the mine operator. The Hassai exploration licenses effectively encompass the entire geological district that extends over 24,000 square kilometres. The Hassai mine exploration budget is expected to reach $6.44 million in 2009 ($2.57 million attributable to La Mancha), distributed among several gold targets (quartz, SBR and tailings) and VMS targets.

Click here to view release in its entirety.

Link to Hub / Link to Profile / Link to Forum

Regards,
George

Posted in 43-101's, AGORACOM Clients (New) | Comments Off on More Than 1M Ounces Of Gold In 43-101 For AGORACOM Client – La Mancha Resources (LMA:TSX)

New Dawn’s Turk Mine in Zimbabwe Increases July 2009 Gold Output to 1,016 Ounces

Posted by AGORACOM at 12:00 PM on Friday, August 14th, 2009

New Dawn Mining Corp. 3rd Quarter Results Provide Positive Cash Flow

Highlights: August 12th

New Dawn Mining Corp. (TSX: ND) reported that gold production at New Dawn’s Turk Mine in Zimbabwe during the month of July 2009 increased to 1,016 ounces or 31.6 kg’s compared to 937 ounces or 29.15 kg’s produced in June 2009, an increase of 8.4% month-over-month.
Gold sales for the month of July totalled US$1,037,000 compared to
US$780,000 in June 2009, an increase of 32.9% month-over-month. 100% of New Dawn’s gold sales from the Turk Mine were received and
collected in US dollars.
“Production at the Turk Mine has increased steadily for the past four
months and we are well on our way to realizing our first production target of 1,200 ounces of gold per month by October-November 2009,” commented Ian Saunders, President and CEO. “We are also evaluating opportunities to realize cost efficiencies to reduce overall cash costs where ever possible. New Dawnis well positioned to take advantage of opportunities in Zimbabwe, with ahighly competitive capital and operating cost structure and a team ofprofessionals focused on building shareholder value through internal and external growth.”

  • Gold production for July 2009 was 1,016 ounces or 31.6 kg’s vs. 937 ounces or 29.15 kg’s produced in June 2009

  • Gold sales of US$1,037,000 in July 2009 vs. $780,000 in June 2009

  • 100% of gold sales received and collected in US Dollars

Highlights: August 14th

3rd Quarter Results Provide Positive Cash Flow

HIGHLIGHTS:

  • US$0.016 per basic share or US$464,003 of operating income before
    other income/expense and future taxes
  • US$0.025 per basic share or US$719,644 of income before non-cashexpenses and future taxes (non-GAAP)
  • US$2,865,285 of revenues from the sale of 3,122 ounces of gold at an average sale price of $917 per of2,931 ounces of gold produced during the quarter ended June 30, 2009
  • Cash costs of US$503 per ounce during the quarter ended June 30, 2009 (cash costs are a non-GAAP measure)
  • 100% of gold sales received and collected in US dollars
  • Company re-affirms its first production rate target of 3,600 ounces
    of gold per quarter by Fiscal Q1 2009/2010
  • Future production profile of 35,000 to 50,000 ounces of gold per annum at Turk Mine

“As part of our strategic plan over the past couple of years, we elected
to grow our asset base by over-developing the Turk and Angelus Mine complex
relative to our production profile. We installed an upgraded production
infrastructure that is now ready to be put into operation, which will allow us
to mine over 11 years of in place reserves and to progressively increase our
production levels,” commented Ian Saunders, President and CEO. “The Turk Mine is far up the value curve, relative to its current production profile, and we
are geared for sustainable growth. With production at the Turk Mine having
resumed, we are just beginning to see the positive results from these efforts.

New Dawn Mining Profile

New Dawn Mining IR Hub

Posted in AGORACOM Clients (New), AGORACOM News And Events | 1 Comment »

La Mancha Posts Record Quarterly Net Earnings as Gold Production Rises 47%

Posted by AGORACOM at 11:00 AM on Friday, August 7th, 2009

Congratulations to AGORACOM Client, La Mancha Resources, who put out this press release on Friday:

La Mancha Posts Record Quarterly Net Earnings as Gold Production Rises 47%

Assume I am horribly conflicted as La Mancha is a client, so have a look at the numbers below and tell me if you aren’t impressed by them.

Key Points:

SECOND QUARTER HIGHLIGHTS

– Net earnings of $6.1 million

– Cash flow from operating activities of $6.6 million

– Corporate debt decreases to $12.2 million while cash and short term investments grow to $18.4 million

– Record quarterly gold production of 27,755 ounces at an average cash cost of US $484 per ounce

– Gold production up 47% and cash costs per ounce down 21% year over year

– Company reaffirms its 2009 gold production target of 100,000 ounces

– Michel Cuilhe to step down as CEO and Chairman of the Company

La Mancha IR Hub

La Mancha Profile

Congratulations to everyone at La Mancha!

Regards,

George

Posted in AGORACOM Clients (New), All Recent Posts | 2 Comments »

Evolving Gold Intersects 67.1 Meters at 10.8 gpt Au at Rattlesnake Hills

Posted by AGORACOM at 10:08 AM on Wednesday, July 15th, 2009

Evg

EVG: TSX-V

On July 14th the company announced an update on the definition drilling at its Rattlesnake Hills bulk tonnage gold deposit in Wyoming.

Highlights from press release include:

  • Drill hole RSC-020 intersected 67.1 meters at 10.8 gpt Au, including 36.6 meters at 16.8 gpt Au. The 36.6 meter interval also contains 12.2 meters at 39.3 gpt Au and a single 1.5 meter intersection of 155 gpt Au. The aggregate composite inclusive of the halo gold mineralization is 185.5 meters at 4.29 gpt Au.

  • The drill results in RSC-020 represent a major extension of the North Stock high grade gold mineralization at Rattlesnake.
  • Metallurgical studies are underway with initial results expected to be released within the next two months, and an external scoping study and preliminary resource estimate is pending for Q-1 in 2010.
  • The Company is well funded with approximately $16,000,000 in treasury to aggressively explore this project.

President and Chief Geologist, Quinton Hennigh comments, “Rattlesnake has many geological similarities to the Cripple Creek deposit in Colorado, where over 20 million ounces were mined from high grade underground operations, and where Anglo Ashanti is currently mining the halo gold mineralization in an open pit with a cutoff of approximately 0.25 gpt Au. This relationship of high grade gold mineralization as an overprint on a much larger zone of halo gold mineralization is typical of the alkalic gold systems. The geophysical results (CSAMT) are really helping us target the main gold zones. They demonstrate that targeting concepts used at Cripple Creek are effective at Rattlesnake as well. The results of our drilling are indicating a major new body of gold mineralization.”

Evolving Gold Profile

Evolving Gold IR Hub

Posted in AGORACOM Clients (New), Evolving Gold | 4 Comments »

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