Smartstox.com Spotlights Active Resource Explorers
(firmenpresse) - Smartstox.com Spotlights Active Resource Explorers
Vancouver, British Columbia, June 22, 2010. The Smartstox Online TV Talk Show is alerting subscribers and other resource stock investors to recent developments at these Smartstox-profiled companies.
Eskay Mining Corp. (TSX VENTURE: ESK)(FRANKFURT: KN7) controls most of the Eskay Rift, the geological structure in northern British Columbia that hosted the Eskay Creek mine, which was renowned for its exceptionally high grades of gold, silver, lead, zinc and copper.
Eskay Mining has identified several prospective zones along the rift, but this year they are particularly focused on one claim block adjoining Barrick’s Eskay Mine property. Notable intersections at Lulu have included 14.4 grams per tonne gold and 1059.5 grams per tonne silver across 14 metres, and 11.7 metres of 19.5 grams per tonne gold and 1,602.9 grams per tonne silver.
Eskay Mining’s last drill program revealed that a large thrust fault intersects and displaces the Lulu Zone both in the downdip direction as well as along strike to the south. The drill results showed that they intersected the periphery of Lulu Zone style mineralization; this year's program will probe for the fault-displaced continuation of Lulu’s high-grade material.
Hugh (Mac) Balkan, CEO of Eskay Mining Corp., and Paul McGuigan, Eskay Mining’s chief geological consultant and an expert in the Eskay region’s geology, told us much more about their plans for the coming exploration season in our recent Smartstox interview available at www.smartstox.com/interviews/esk.
Bravo Gold Corp. (TSX VENTURE: BVG)(FRANKFURT: B6I) just announced that they’ve mobilized crews to their Homestake Ridge gold-silver project in northwestern British Columbia. Bravo plans a $6 million, 12,000 metre two-drill program that will focus on expanding the resource in the Homestake Silver deposit, exploring the region between the Main Homestake and the Homestake Silver deposits, and conducting initial drilling on six strong geophysical exploration targets identified last season.
Last year’s drilling at the Homestake Silver zone returned impressive intersections including 24 metres of 12.1 grams per tonne gold and 6.8 grams per tonne silver, and 7 metres of 18.2 grams per tonne gold and 946 grams per tonne silver. At the Main Homestake deposit drill hole HR09-152 intersected 11.9 metres of 13.0 grams per tonne gold and 19.5 grams per tonne silver, extending the zone of high-grade mineralization.
Smartstox host Stanlie Hunt recently talked with Robert Swenarchuk, Sr. VP of Bravo Ventures, about the project that lies in the same suite of rocks that hosted the famous Eskay Creek mine. The online interview is available at http://www.smartstox.com/interviews/bvg.
Fortune River Resource Corp. (TSX VENTURE: FRX)(FRANKFURT: RG7A) Fortune River has seven low-sulphidation gold properties within the Walker Lane gold trend of the proli¬fic gold producing state of Nevada. The company’s Wind Mountain project, a past-producing open-pit/heap-leach operation, contains an estimated 406,000 ounces of gold in the Measured and Indicated resource classification, plus an additional 92,000 ounces of gold in the inferred category.
A recent Preliminary Economic Assessment shows favorable economics if mining at Wind Mountain were restarted with gold at US$850 per ounce and silver at $14.50 per ounce. And with the calculations done at US$1,020 per ounce gold and US$17.40 per ounce silver, the internal rate of return is estimated at 38% with a net present value at 5% of US$43.7 million. Meanwhile, there is strong potential to both add to the near-surface resources and to discover high-grade feeder veins that underlie several similar low-sulfidation gold deposits.
Joseph Kizis, the President of Fortune River, told us more about Wind Mountain and their other projects that are being drilled this summer by themselves and their partners on our Smartstox Interview available at www.smartstox.com/interviews/frx.
Smartstox.com provides investment-related content through video and audio interviews with the management of small cap companies, along with written profiles on those groups. For our full interview line-up, and to listen to the market commentary of top resource stock analysts, visit http://www.smartstox.com.
The content prepared by DSMA/Smartstox is for informational purposes only. Any third party statement and/or opinion and/or any forward-looking statement expressed within any DSMA/Smartstox content shall not be considered a recommendation or endorsement from DSMA/Smartstox to buy or sell securities from companies profiled by Smartstox. The information in DSMA/Smartstox content has not been approved or disapproved by any securities authority. Interested parties are encouraged to read our full disclosure at http://www.smartstox.com.
Contact:
The Smartstox Online Talk Show
Stanlie Hunt, President
(604) 628-4592 or (416) 628-4841
info(at)smartstox.com
Leseranfragen:
Bravo Gold Corp.
Suite 1100
1199 West Hastings Street
Vancouver, BC V6E 3T5
Tel: 604.684.9384
Fax: 604.688.4670
Toll Free: 1.888.456.1112
Email: corpdev(at)mnxltd.com
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Datum: 22.06.2010 - 13:30 Uhr
Sprache: Deutsch
News-ID 22819
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