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Passport Metals – Latest Member of the AGORACOM 100

Posted by AGORACOM at 10:13 AM on Monday, July 6th, 2009

On Monday July 6th, 2009, Passport Metals was added to the AGORACOM 100. Passport Metals Inc. is an early stage natural resource company engaged in the acquisition, exploration and development of mineral resource properties.

Highlights include:

·Potash exploration in County of Navajo, Arizona

·Copper exploration in Chile

·Commenced phase one drilling program on its flagship Holbrook basin potash project in Arizona

·Working towards a NI43-101 potash resource estimate

Recent News:

Passport Begins Holbrook Phase One Drilling
5:07 AM ET, July 2, 2009

Passport Metals Eyes Late June for Holbrook Drilling
4:23 PM ET, June 17, 2009


Passport Metals: Full Profile
Passport Metals: HUB
Passport Metals: Shareholder Forum

LOI to Acquire Additional Blue Gem High Grade Coal Leases in Kentucky

Posted by AGORACOM at 1:31 PM on Monday, June 29th, 2009

North American Gem Inc. (TSX-V: NAG) announced a Letter of Intent (“LOI”) to acquire additional coal leases located in Knox County, Kentucky. The leases, referred to as the “ABGSC Leases” (approximately 410 acres), are currently being permitted for mining under permit #861-0502.

The ABGSC Leases currently has a surface mining permit application in process with the Department of Natural Resources (the “DNR”) offices in Frankfort, Kentucky and it is expected to be approved within 60-90 days. The ABGSC Leases are contiguous with the recently announced Swan Pond and Possum Hollow Leases and host a continuation of the Blue Gem and Jellico seams. Analysis of the Blue Gem seam from the Swan Pond and Possum Hollow Leases are very encouraging showing 3% ash, 0.65% sulfur and a range of 14,200 – 15,200 btu. The Jellico seam averages 6.5% ash, 1% sulfur and a range of 12,500 – 13,200 btu (Previously announced in the May 13, 2009 release).

Blue Gem Coal is a high carbon, low ash, low fusion and low grind (very hard) coal that is found only in a small area along the border of Tennessee and Kentucky in the Cumberland Mountains. The coal seam, throughout the region, runs in thickness from 48-71 cm.

The Blue Gem Coal seam is one of three coal seams in the world that are best suited for production of silicon metals. The other two are found in West Virginia and Columbia, South America. Of the three, the Blue Gem Coal seam is the most sought after. For this reason, coal produced from this seam is not only consumed in the U.S., but also exported extensively to Canada, Norway, Iceland, India, France, South Africa and Egypt.

With the ever increasing demand for silicon metals and silicon products, mineable Blue Gem coal resources are becoming increasingly more valuable. Historically, Blue Gem coal can bring an FOB (Freight On Board) mine price that is as much as 100% higher than high quality steam coal and is typically the highest priced of any grade of coal produced in the U.S.

Click here to view full press release

North American Gem IR Hub

North American Gem Profile

New Dawn Mining Files NI 43-101 Report on Gold Properties in the Gweru-Shurugwi Greenstone Belt & Secures Frankfurt Listing

Posted by AGORACOM at 12:30 PM on Wednesday, June 24th, 2009

Files NI 43-101 Report on Gold Properties in the

Gweru-Shurugwi Greenstone Belt & Secures Frankfurt Listing

Highlights from the Gweru-Shurugwi Release & Highlights from the Franfurt Listing Release

Highlights of NI 43-101:

  • A total of four options on mineral exploration claims in the district were reviewed
  • Several past producing mines are located in the option claims
  • Gold grades of 1.21 gpt over 58 meters, 1.16 gpt over 58 meters and 1.15 gpt over 66 meters were reported from infill trenching (Glen Hume Option)
  • Several shallow mines that may have potential at depth are contained with the option claims
  • Potential for high tonnage, low grade ore, amenable for open pit mining exists (Glen Hume Option)

Highlights of Frankfurt Release:

  • New Dawn Mining Corp. (TSX: ND, F: 3DM) announced that its shares have begun trading on the Frankfurt Stock Exchange under the symbol 3DM.

The report is now available for viewing on Sedar (www.sedar.com), and also available for viewing on the Company’s website (www.newdawnmining.com).

New Dawn Mining IR Hub

New Dawn Mining Profile

New Dawn’s Turk Mine In Zimbabwe Increases Gold Output During May 2009 To 28.5 Kg’s

Posted by AGORACOM at 9:30 AM on Thursday, June 11th, 2009

Highlights from the press release include:

·        Gold production for May 2009 was 28.5 kg's or 916 ounces
        of gold vs 832 ounces of gold during April 2009
·        US$ 780,000 in gold sales during May 2009
·        17 additional miners hired during May 2009
·        Total workforce at Turk Mine now 716 miners and growing

New Dawn Mining IR Hub

New Dawn Mining Profile

Castle Gold Corp. – Latest Member of the AGORACOM 100

Posted by AGORACOM at 9:03 AM on Wednesday, June 10th, 2009

Csg

On Tuesday June 9th, 2009, Castle Gold Corp. was added to the AGORACOM 100.

With annualized gold production at Castle Gold’s flagship El Castillo mine expected to double from 25,000 ounces to 50,000 ounces by Q1 2010 there are numerous factors that point toward this company having compelling near-term share price appreciation potential:

  • With the reduction of strip ratio (waste:ore) to a life of mine figure of 0.6:1, (from 1.4:1) cost per ounce will decrease from $502/oz to the $400/oz – $425 range by Q1-Q2 of 2010.
  • Current market capitalization is roughly only 2 x projected annual cash flow of US$20 million, using a cold cost of $425 and a conservative gold price of $825 (well below current prices) at 50,000 ounces of annual gold production.
  • The El Castillo mine boasts 1.2 million ounces of measured and Indicated gold resource, including 750,000 ounces of proven and probable reserves.
  • Potential exists to significantly increase resources and reserves at the El Castillo mine
  • Given the company’s ability to prove up additional resources and reserves through its current resource expansion program, a further ramp up to perhaps 65-75,000 ounces could be considered in 2010.
  • The La Fortuna development project (current 300,000 oz) also in Durango, Mexico has gold mineralization open in all directions, and boasts gold intersects of 44.2 metres grading 6.43 grams per tonne gold, 51.3 metres grading 7.39 g/t gold and 30 metres grading 6.47 g/t gold, in addition to significant silver and copper credits. Scoping study work is currently being advanced. Drilling is planned for Q4.

Recent News:

Castle Gold Intersects 42.7 Metres Grading 0.7 Grams Per Tonne Gold as Part of El Castillo Mine Resource Expansion Program

3:45 PM ET, June 9, 2009

Castle Gold Reports Record Quarterly Gold Production and $0.01 Per Share Profit in First Quarter 2009 Operating and Financial Results

3:19 PM ET, May 28, 2009

Castle Gold: Full Profile
Castle Gold: HUB
Castle Gold: Shareholder Forum

Carbon Friendly Solutions – Latest Member to AGORACOM 100

Posted by AGORACOM at 10:00 AM on Monday, June 8th, 2009

Carbon Friendly logo

On Monday, June 8, 2009 Carbon Friendly Solutions was added to the AGORACOM 100. Carbon Friendly Solutions focuses on removing and offsetting carbon dioxide emissions through reforestation, biomass energy, and renewable energy technology projects.

Highlights include:

  • Reforestation projects underway in Canada and Poland
  • Working to convert traditionally unused forest biomass and wood waste materials into an engineered fuel product for commercial and residential use
  • Generates carbon credits for sale in the global voluntary and compliance markets

Carbon Friendly stock data

carbon friendly chart

Recent News

May 29, 2009: Bio Energy Production Facility LOI – Update

May 25, 2009: Carbon Friendly Implements Reforestation Project With Trees for Clean Air

April 21, 2009: Carbon Friendly signs LOI for Wood Waste Utilization

Carbon Friendly Solutions Full Profile

Carbon Friendly Solutions HUB

Carbon Friendly Solutions Shareholder Forum

Latin American Minerals – Latest Member of the AGORACOM 100

Posted by AGORACOM at 10:00 AM on Monday, June 1st, 2009

On Monday June 1st, 2009, Latin American Minerals was added to the AGORACOM 100. Latin American Minerals is a mineral exploration company focused on the acquisition and development minerals projects in under-explored but highly prospective countries of Latin America.

Highlights include:

· 5,000m diamond drilling program completed on Paso Yobai Gold Project in Paraguay; results include 6.5m @ 27gpt Au

· 40 macro-diamonds discovered (0.1-0.5 cts.) on its Itapoty Diamond Property in Paraguay

· Solares Property in Argentina with over 93,000 ha 100% ownership at the heart of a major potash-lithium-borax evaporate basin

· Rio Tendal Copper, Lead, Zinc, Silver Project: 2079m drilled in 2008; result include [email protected]% Zn and 3.18% Pb


Recent News:

Latin American Minerals Intersects 1.27 Metres Averaging 45.30 gpt (1.55 opt) Gold, Including 0.48 Metres Averaging 111.15 gpt (3.81 opt) Gold

3:13 PM ET, May 22, 2009

Latin American Minerals Initiates Independent Resource Estimate at Paso Yobai Gold Project, Paraguay

8:30 AM ET, April 15, 2009


Latin American Minerals: Full Profile

Latin American Minerals: HUB

Latin American Minerals: Shareholder Forum

La Mancha Confirms the Presence of a Second Enriched Zone At the Hassai Property

Posted by AGORACOM at 1:30 PM on Tuesday, May 26th, 2009

Highlights from the press release include:

Key Points:

HIGHLIGHTS:

  • Follow-up drilling below the Hadal Awatib pits returns high-grade gold and copper intersections
  • The enriched ore appears to be easily mineable by deepening the present pit
  • Drilling intersects Cu/Au-rich primary ore corresponding to the stringer zone of the VMS lens

BEST INTERSECTIONS INCLUDE:

  • 26 m at 1.19 g/t Au, 5.71% Cu and 1.17% Zn from 104 m(1)
  • 11 m at 19.24 g/t Au and 51.64 g/t Ag from 5 m(1)
  • 40 m at 0.68 g/t Au and 3.19% Cu from 10 m(1)
  • 11 m at 9.1 g/t Au and 99.27 g/t Ag from 1 m
  • 7 m at 21.53 g/t Au and 45.6 g/t Ag from 5 m
  • 3 m at 2.35 g/t Au and 13.27% Cu from 16 m
La Mancha IR Hub

La Mancha Profile

La Mancha Q1 Profits Surge as Australian Mine Turns Cash Flow Positive

Posted by AGORACOM at 10:22 AM on Friday, May 8th, 2009

I’m very proud to announce the following Q1 2009 financial results from AGORACOM client, La Mancha whose profits surged as their Australian Mine turned cash flow positive.

Highlights from the press release include:

Key Points:

  • Cash flow from operating activities of $11.0 million
  • Revenues of $24.7 million
  • Net earnings of $3.5 million
  • Cash and short term investments of $20.1 million
  • 18,515 ounces of gold produced at an average cash cost of US $451 per ounce
  • Trading at 1.5x cash flow multiple, there considered to be significantly undervalued

La Mancha IR Hub


La Mancha
Profile

New Dawn Mining (ND:TSX) Resumes Full-Scale Gold Mine Operations

Posted by AGORACOM at 9:02 AM on Monday, May 4th, 2009

New Dawn’s Turk Mine in Zimbabwe Resumes Full-Scale Mine Operating Program

I’m very proud to announce that AGORACOM client, New Dawn Mining, is back to full gold mining operations on their Turk Mine in Zimbabwe. This is a company that produced ~ 8,650 ounces and $US 7.5 million in revenue in 2008.

Highlights from the press release include:

Key Points:

  • New Dawn’s 100% wholly-owned Turk Mine in Zimbabwe has resumed full-scale mining operations
  • The current initial production rate of 250 tonne targeted to rise to 400 tonnes per day to achieve a production target of 1,150 to 1,200 ounces of gold per month at a average cash cost of US$425 to US$450 per ounce
  • Total existing capacity at Turk Mine is currently rated at 400 tonnes per day, but current expansion projects, which are nearing completion, will increase existing capacity to 650 tonnes per day. New Dawn plans for further production increases every 6 to 9 months thereafter to maximize existing capacity
  • During the restarted mine development program, which was reported on 26th February 2009, until the commencement of full-scale mining operations in early May 2009, New Dawn’s gold sales totaled approximately US$1,300,000

  • 11 years of proven and probable mine reserves at October 2009 production rates
  • Two recent NI 43-101 reports documented an aggregate of 969,546 ounces of gold reserves and resources grading between 2.9-6.1 g/t, with additional inferred mineral resources of 355,873 ounces of gold grading between 3.90 – 5.91 g/t.

New Dawn Mining IR Hub

New Dawn Mining Profile