Robert Eadie, President & CEO of Monster Mining (TSXV:MAN) (OTCQX: MMNGF) Interviewed by David Morgan of Silver-Investor.com - Video of Interview Posted on www.InvestmentPitch.com
(Thomson Reuters ONE) -
Vancouver, British Columbia, February 16, 2012 - David Morgan, founder of
Silver-Investor.com and publisher of the Morgan Report, interviews Robert Eadie,
President and CEO of Monster Mining (TSXV:MAN) (OTCQX: MMNGF).
This video interview is available for viewing on InvestmentPitch.com. If this
link is not enabled, please visit www.InvestmentPitch.com and enter "Monster" in
the search box.
Monster Mining is focussing on its flagship Keno-Lightning property, located in
the historic Keno Hill silver district. The Keno-Lightning property is located
approximately 55 kilometres northwest of Mayo in central Yukon. The project
comprises 329 two-post quartz claims covering approximately 6650 hectares in the
historic Keno Hill silver district, which represents 35% of the available land
in the camp. Keno-Lightning is adjacent to Alexco Resource Corp.'s Bellekeno
mine, (Indicated resource of 11.9 million oz Ag at a grade of 920 g/t Ag, Alexco
Resource Corp. Annual Financial Report, November 17, 2010) and hosts eight
identified precious metal Minfile occurrences.
Although staked for its silver mineralization, the Keno-Lightning property is
located within the Tintina gold belt, a zone of gold deposits associated with
Cretaceous Tombstone suite granitic intrusions. Significant deposits hosted
within the Tintina gold belt include the nearby Eagle Gold (Indicated resource
of 153.4 Mt at 0.65 g/t Au for 3.21 M oz Au, Cox et al., 2010) and Brewery Creek
(Indicated resource of 3.9 Mt at 1.14 g/t Au for 145,000 oz Au, Diment and
Simpson, 2009), in addition to numerous prospects including Gold Dome, Clear
Creek and Red Mountain.
The company's second project is McKay Hill, an early-stage gold-silver prospect
located approximately 50 kilometres north of Keno City and adjacent to the
recently discovered Rau trend.
The Yukon has a long history of production from many and varied commodity types
and mineralization styles, and is a politically favourable jurisdiction in which
to explore. Monster Mining Corp.'s technical team is continually evaluating new
opportunities with a view to expanding Monster's project portfolio and is
committed to working towards exploration success.
Subsequent to the interview, Monster Mining announced that it has arranged a
non-brokered private placement of up to 8,000,000 units at a price of $0.30 per
unit, for gross proceeds of up to $2,400,000.
In addition to working capital, the net proceeds of the private placement will
be used to continue with the Company's exploration program on its flagship Keno-
Lightning property located near Keno City, Yukon, with drilling expected to
commence this summer.
For more information on Monster Mining, please visit the company's website at
www.monstermining.com, or phone 604-602-4935.
David Morgan is a widely recognized analyst in the precious metals industry and
consults for hedge funds, high net worth investors, mining companies,
depositories and bullion dealers. He is the publisher of The Morgan Report on
precious metals, author of "Get the Skinny on Silver Investing", and a featured
speaker at investment conferences in North America, Europe and Asia. For the
latest on silver, please visit www.silver-investor.com.
InvestmentPitch.com is a multimedia company that provides a combined solution
for creating and hosting financial video content, and distributing it across
multiple platforms to investors and financial professionals. InvestmentPitch.com
specializes in producing short three minute videos based on news releases and
research reports.
CONTACT:
InvestmentPitch.com
Barry Morgan, CFO
604-684-5524
bmorgan(at)investmentpitch.com
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: InvestmentPitch via Thomson Reuters ONE
[HUG#1586836]
Unternehmensinformation / Kurzprofil:
Datum: 16.02.2012 - 18:37 Uhr
Sprache: Deutsch
News-ID 115754
Anzahl Zeichen: 4619
contact information:
Kategorie:
Business News
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