<?xml version="1.0" encoding="UTF-8"?> <rss
version="2.0"
xmlns:content="http://purl.org/rss/1.0/modules/content/"
xmlns:wfw="http://wellformedweb.org/CommentAPI/"
xmlns:dc="http://purl.org/dc/elements/1.1/"
xmlns:atom="http://www.w3.org/2005/Atom"
xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
><channel><title>CashInfo.org &#187; Alexander Aardema</title> <atom:link href="http://cashinfo.org/author/admin/feed/" rel="self" type="application/rss+xml" /><link>http://cashinfo.org</link> <description>The Commodity Place</description> <lastBuildDate>Tue, 27 Dec 2011 17:09:48 +0000</lastBuildDate> <language>en</language> <sy:updatePeriod>hourly</sy:updatePeriod> <sy:updateFrequency>1</sy:updateFrequency> <generator>http://wordpress.org/?v=3.2</generator> <item><title>Biggest Gold Mine Ever Discovered? Wahooly!</title><link>http://cashinfo.org/2011/12/biggest-gold-mine-ever-discovered-wahooly/</link> <comments>http://cashinfo.org/2011/12/biggest-gold-mine-ever-discovered-wahooly/#comments</comments> <pubDate>Tue, 27 Dec 2011 16:03:21 +0000</pubDate> <dc:creator>Alexander Aardema</dc:creator> <category><![CDATA[Social Media]]></category> <category><![CDATA[Startups]]></category> <category><![CDATA[Wahooly]]></category> <category><![CDATA[CMP.LY]]></category> <category><![CDATA[Influence]]></category> <category><![CDATA[Klout]]></category> <category><![CDATA[Perk]]></category> <category><![CDATA[start-up]]></category> <category><![CDATA[Startup]]></category> <category><![CDATA[Web 2.0]]></category><guid
isPermaLink="false">http://cashinfo.org/?p=805</guid> <description><![CDATA[Hold on to your gold and silver! And mining stock! CashInfo.org has found a new focus besides gold and silver: internet startups. As owner of this site I will start to post about internet startups in January when Wahooly.com launches! For the time being Wahooly is still accepting co-founders like me! If your Klout score [...]]]></description> <content:encoded><![CDATA[<div
id="in_post_ad_top_1" style="margin:5px;"><script type="text/javascript">google_ad_client = "pub-9475831589228347";
/* 468x15, gemaakt 7-10-09 */
google_ad_slot = "2862956313";
google_ad_width = 468;
google_ad_height = 15;</script> <script type="text/javascript"
src="http://pagead2.googlesyndication.com/pagead/show_ads.js"></script></div><p>Hold on to your gold and silver! And mining stock! CashInfo.org has found a new focus besides gold and silver: internet startups. As owner of this site I will start to post about internet startups in January when <a
href="http://wahooly.com" title="Wahooly.com" target="_blank">Wahooly.com</a> launches! For the time being Wahooly is still accepting co-founders like me! If your Klout score is above 35 you get the chance to turn your influence into equity! This might be the biggest gold mine you have ever discovered! <a
href="http://klout.com/#/perk/Wahooly/Wahooly" title="If this link to the special Klout Perk stills works, you're in!" target="_blank">If this link to the special Klout Perk stills works, you&#8217;re in!</a></p><p> I became one of the co-founders @ Wahooly.com!<br
/><div
id="attachment_819" class="wp-caption aligncenter" style="width: 561px"><a
href="http://cashinfo.org/wp-content/uploads/2011/12/wahoolylogo.jpg"><img
src="http://cashinfo.org/wp-content/uploads/2011/12/wahoolylogo.jpg" alt="Wahooly Logo" title="wahoolylogo" width="551" height="263" class="size-full wp-image-819" /></a><p
class="wp-caption-text">Wahooly!</p></div><p><strong>What the Wahooly?</strong></p><p>Imagine that you owned just a fraction of Facebook, because you joined at start-up, let&#8217;s say 0,0002% well, today that would present a value of about $20 million. Or what if you had a piece of any company bought by Google? By signing up as a user to one of the startups that Wahooly presents to you, you become an instant shareholder in that startup. If you signup for all 200 startups that Wahooly presents over the next 12 months, you&#8217;ll be a shareholder in 200 startups.Let&#8217;s say that a new socially-driven photo sharing service is in need of initial users. They would contact Wahooly. They will ask them a series of questions, determine their potential in the marketplace and negotiate a percentage of equity that they&#8217;ll provide to these initial users.</p><p>Once the details have been ironed out, they send the opportunity for you to check out. If you like it, you signup. If you don&#8217;t like it, you do nothing and wait for the next one.</p><p>For the sake of the example, let&#8217;s say you liked it.</p><p>Now, this new startup offered up 5% equity for 5,000 users. That means that you, along with 4,999 other users all own an equal share of that 5%. Not too shabby for simply signing up.</p><p>What if you wanted a bigger piece of that pie?</p><p>As a shareholder, you hold the key to how much of that 5% you own. These startups are looking for active users, but more importantly, users that are willing to become advocates for their brand. And using a secret formula (aka: a real geeked-out algorithm), they track how big of a brand advocate you are. This is real-time tracking that you can monitor at any time by accessing your personal dashboard on Wahooly.com.</p><p>Your dashboard will provide you with the latest information on all of the startups you have a share of, along with your piece of pie. (Tracking it will be your new addiction.)</p><p><strong>Conflicts of Interest?</strong></p><p>Wahooly just announced a partnership with <a
href="http://cmp.ly" title="CMP.LY" target="_blank">CMP.LY</a> (pronounced ‘comply’), a tool that helps bloggers and other digital influencers disclose conflicts of interest.</p><p><strong>Links:</strong><br
/> Wahooly on Twitter ; Founders of Wahooly on Twitter: <a
href="http://twitter.com/danerobert" title="Dana Severson" target="_blank">Dana Severson</a>, <a
href="http://twitter.com/chood531" title="Connor Hood" target="_blank">Connor Hood</a>, and <a
href="http://twitter.com/tholmes" title="Tony Holmes" target="_blank">Tony Holmes</a><br
/> <a
href="https://plus.google.com/105465481469156419624" title="Wahooly on Google+" target="_blank">Wahooly on Google+</a><br
/> My personal Twitter account (in Dutch) <a
href="http://twitter.com/alexaardema" title="Alexander Aardema" target="_blank">Alexander Aardema</a> and on <a
href="http://klout.com/alexaardema" title="Alexnder Aardema on Klout" target="_blank">Klout</a></p><div
style='clear:both'></div>]]></content:encoded> <wfw:commentRss>http://cashinfo.org/2011/12/biggest-gold-mine-ever-discovered-wahooly/feed/</wfw:commentRss> <slash:comments></slash:comments> </item> <item><title>Back online!</title><link>http://cashinfo.org/2011/07/back-online/</link> <comments>http://cashinfo.org/2011/07/back-online/#comments</comments> <pubDate>Tue, 12 Jul 2011 04:31:01 +0000</pubDate> <dc:creator>Alexander Aardema</dc:creator> <category><![CDATA[About CashInfo.org]]></category><guid
isPermaLink="false">http://cashinfo.org/?p=801</guid> <description><![CDATA[Sorry the site didn&#8217;t get any updates since february. But, starting today, we are back online! Worked hard to get the software up-to-date, the most important new feature on the site will be that you can now comment using Facebook! We are still testing a bit, so there could be some technical issues the coming [...]]]></description> <content:encoded><![CDATA[<div
id="in_post_ad_top_1" style="margin:5px;"><script type="text/javascript">google_ad_client = "pub-9475831589228347";
/* 468x15, gemaakt 7-10-09 */
google_ad_slot = "2862956313";
google_ad_width = 468;
google_ad_height = 15;</script> <script type="text/javascript"
src="http://pagead2.googlesyndication.com/pagead/show_ads.js"></script></div><p>Sorry the site didn&#8217;t get any updates since february.<br
/> But, starting today, we are back online!</p><p>Worked hard to get the software up-to-date, the most important new feature on the site will be that you can now comment using Facebook!<br
/> We are still testing a bit, so there could be some technical issues the coming day&#8217;s. Sorry!</p><div
style='clear:both'></div>]]></content:encoded> <wfw:commentRss>http://cashinfo.org/2011/07/back-online/feed/</wfw:commentRss> <slash:comments></slash:comments> </item> <item><title>Seabridge Reports Major New Gold/Copper Resource at KSM&#8217;s Iron Cap Zone</title><link>http://cashinfo.org/2011/02/seabridge-reports-major-new-goldcopper-resource-at-ksms-iron-cap-zone/</link> <comments>http://cashinfo.org/2011/02/seabridge-reports-major-new-goldcopper-resource-at-ksms-iron-cap-zone/#comments</comments> <pubDate>Tue, 08 Feb 2011 16:52:42 +0000</pubDate> <dc:creator>Alexander Aardema</dc:creator> <category><![CDATA[Gold & silver]]></category> <category><![CDATA[Mining News]]></category> <category><![CDATA[Seabridge]]></category> <category><![CDATA[Copper]]></category> <category><![CDATA[gold]]></category> <category><![CDATA[Iron Cap]]></category> <category><![CDATA[KSM]]></category> <category><![CDATA[SA]]></category> <category><![CDATA[SEA]]></category><guid
isPermaLink="false">http://cashinfo.org/?p=793</guid> <description><![CDATA[We bought Seabridge in the summer of 2010 @ $28.36 After this news today the price finally picked up, helped by rising gold prices as well. For the first time since June last year, the price broke true $32.50 again. This stock has totally missed  out on the rally gold had from August to December. [...]]]></description> <content:encoded><![CDATA[<div
id="in_post_ad_top_1" style="margin:5px;"><script type="text/javascript">google_ad_client = "pub-9475831589228347";
/* 468x15, gemaakt 7-10-09 */
google_ad_slot = "2862956313";
google_ad_width = 468;
google_ad_height = 15;</script> <script type="text/javascript"
src="http://pagead2.googlesyndication.com/pagead/show_ads.js"></script></div><p>We bought Seabridge in the summer of 2010 @ $28.36 After this news today the price finally picked up, helped by rising gold prices as well. For the first time since June last year, the price broke true $32.50 again. This stock has totally missed  out on the rally gold had from August to December. Quote from CEO Rudi Fronk in September 2009 (when gold was about $1000) (Singular Research Annual “Best of the Uncovereds” Conference)</p><blockquote><p
style="margin-top: 7px; margin-right: 0px; margin-bottom: 7px; margin-left: 0px; outline-width: 0px; outline-style: initial; outline-color: initial; font-weight: inherit; font-style: inherit; font-size: 13px; font-family: inherit; vertical-align: baseline; line-height: 20px; padding: 0px; border: 0px initial initial;">If you were to go out, the most common &#8212; the most common ETF to buy today is an instrument called GLD that you can buy on the New York Stock Exchange. GLD is backed by physical gold in a vault that’s monitored by a big investment banking &#8212; a big bank. You buy one share of GLD today, you’ll pay about $98 a share. And what you get, supposedly, is a tenth of an ounce of physical gold stored somewhere in a vault on your behalf. What makes GLD go up? Only the price of gold. That’s it. There are no other ways to move the price. You buy one share of Seabridge today, each one of our shares is now backed by 1.6 ounces of gold in the ground. And I’ll be the first to admit there is a difference of gold in the ground versus gold in a vault. But the ratio there of 16 times the amount of gold, compared to paying $97 a share of GLD versus $30 a share of Seabridge, you can see the leverage we provide.</p></blockquote><p>You can see the share price has not benefited at all, with gold being above $1300 for a while now and the companies fundamentals have improved even more. Seabridge Gold is still a solid BUY! Do not expect quick results, but you can expect they will start looking around for a buyer for KSM in the next years (1-5 years) China sits on huge amounts of US$ and with QE1, QE2, talks of QE3 (and realy crazy people like Ben Bernanke probably are thinking about QE4 till QE-infinite)  the Chinese  might want to start spending it. So expect something in that order.</p><p><strong>Seabridge News Release (source: company website):</strong></p><p><strong>Toronto, Canada</strong>&#8230;An independent mineral resource model for Seabridge Gold&#8217;s Iron Cap Zone at its 100% owned KSM project estimates a new indicated resource containing 5.1 million ounces of gold and 1.7 billion pounds of copper immediately adjacent to the Mitchell deposit. The indicated resource is flanked by a halo of inferred resources containing an additional 3.4 million ounces of gold and 1.3 billion pounds of copper. The Iron Cap resource estimate was prepared by Resource Modeling Inc. (&#8220;RMI&#8221;) of Stites, Idaho and will be incorporated into an updated Preliminary Feasibility Study (&#8220;PFS&#8221;) scheduled for completion in April 2011. The NI 43-101 compliant global resource estimate is as follows:</p><p><img
src="http://www.seabridgegold.net/Images/NFeb8-11-table" alt="Iron Cap Mineral Resources" width="482" height="91" /></p><p>A new global resource estimate for the KSM project, including the Mitchell, Sulphurets and Kerr zones, will be released shortly.</p><p>Seabridge Gold President and CEO Rudi Fronk said &#8220;the Iron Cap resource has exceeded our expectations. Our objective was to book a five million ounce gold resource in all categories. In fact, we have achieved more than five million ounces of indicated resources with a superior copper grade which should help us optimize mine plans to maintain a favorable copper head grade. We expect that most of the indicated resource should qualify as reserves in our new PFS and improve the economics for the KSM project.&#8221;</p><p>RMI estimated gold and copper grades using inverse distance weighting methods within geologically constrained gold and copper grade domains that were constructed for the Iron Cap zone. The grade models were validated visually and by comparisons with nearest neighbor models. The estimated block grades were classified into indicated and inferred mineral resource categories based on mineralized continuity that was determined both visually and statistically (i.e. variogram ranges) together with the proximity to drill hole data. To facilitate comparisons with previous resource estimates, recoverable gold equivalent grades were calculated using the same $650 gold price with a 70% recovery rate and a $2.00 copper price with an 85% recovery rate. The cutoff grade for resource tabulation was set at 0.50 grams per tonne (g/t) gold equivalent, also consistent with the cutoff grade used for previous KSM resource estimates.</p><p>The resource model for Iron Cap incorporates data from a total of 51 core holes (41 drilled by Seabridge in 2010 plus 10 holes drilled by previous operators) totaling about 17,700 meters. Grades from the 10 holes drilled by previous operators were compared with nearby holes drilled by Seabridge.  The grades of the older holes were found to be comparable with the newer holes.  For example, the average gold grade of the old and new holes within 50 meters of one another was 0.43 and 0.45 g/t, respectively.  RMI reviewed the quality assurance/quality control protocols and results from Seabridge&#8217;s 2010 drilling program and has deemed that the number and type of gold and copper standard reference materials (standards, blanks, and duplicates) were reasonable. Based on the performance of those standard reference materials, RMI believes that the Seabridge drill samples are reproducible and suitable for estimating mineral resources. RMI constructed a preliminary block model in August 2010 using ten historic and eight 2010 Seabridge drill holes that had been completed as of that date.  After the 2010 drilling campaign was completed, RMI compared the grades from 33Seabridge core holes that were completed after the preliminary block model had been constructed.  This comparison showed that the newly obtained drill hole intervals were slightly higher in grade (gold, copper, silver, and molybdenum) than the estimated preliminary model blocks.  The infill drilling program also validated and expanded the volume of mineralization that was established by the initial ten drill holes.</p><p>Gold resource estimates included herein were prepared by Resource Modeling Inc. under the direction of Michael Lechner, who is independent of Seabridge and a Qualified Person as defined by National Instrument 43-101. Mr. Lechner is a highly regarded expert in his field and frequently undertakes independent resource estimates for major mining companies. Mr. Lechner has reviewed and approved this news release. The independent technical report detailing the Iron Cap resource model, plus updated resource estimates for the Mitchell, Sulphurets and Kerr zones will be filed on SEDAR at <a
href="http://www.sedar.com/">www.sedar.com</a>.</p><p>Exploration activities by Seabridge Gold at KSM have been conducted under the supervision of William E. Threlkeld, Registered Professional Geologist, Senior Vice President of the Company and a Qualified Person as defined by National Instrument 43-101. An ongoing and rigorous quality control/quality assurance protocol was employed during the 2010 program including blank and reference standards in every batch of assays. Cross-check analyses are being conducted at a second external laboratory on 10% of the samples. Samples were assayed at Eco Tech Laboratory Ltd., Kamloops, B.C., using fire assay atomic adsorption methods for gold and total digestion ICP methods for other elements.</p><p>Seabridge holds a 100% interest in several North American gold projects. The Company&#8217;s principal assets are the KSM property located near Stewart, British Columbia, Canada and the Courageous Lake gold project located in Canada&#8217;s Northwest Territories. For a breakdown of Seabridge&#8217;s mineral reserves and mineral resources by category please visit the Company&#8217;s website at <a
href="http://cashinfo.org/wp-admin/resources.php">http://www.seabridgegold.net/resources.php</a>.</p><p><strong><span
style="FONT-SIZE: xx-small">All reserve and resource estimates reported by the Corporation were calculated in accordance with the Canadian National Instrument 43-101 and the Canadian Institute of Mining and Metallurgy Classification system. These standards differ significantly from the requirements of the U.S. Securities and Exchange Commission. Mineral resources which are not mineral reserves do not have demonstrated economic viability. </span></strong></p><p><strong><span
style="FONT-SIZE: xx-small">This document contains &#8220;forward-looking information&#8221; within the meaning of Canadian securities legislation and &#8220;forward-looking statements&#8221; within the meaning of the United States Private Securities Litigation Reform Act of 1995. This information and these statements, referred to herein as &#8220;forward-looking statements&#8221; are made as of the date of this document. Forward-looking statements relate to future events or future performance and reflect current estimates, predictions, expectations or beliefs regarding future events and include, but are not limited to, statements with respect to: (i) the amount of mineral reserves and mineral resources; (ii) any potential for the increase of mineral reserves and mineral resources, whether in existing zones or new zones; (iii) the amount of future production; (iv) further optimization of the PFS including metallurgical performance; (v) completion of and submission of the Environmental Assessment Application; and (vi) potential for engineering improvements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as &#8220;expects&#8221;, &#8220;anticipates&#8221;, &#8220;plans&#8221;, &#8220;projects&#8221;, &#8220;estimates&#8221;, &#8220;envisages&#8221;, &#8220;assumes&#8221;, &#8220;intends&#8221;, &#8220;strategy&#8221;, &#8220;goals&#8221;, &#8220;objectives&#8221; or variations thereof or stating that certain actions, events or results &#8220;may&#8221;, &#8220;could&#8221;, &#8220;would&#8221;, &#8220;might&#8221; or &#8220;will&#8221; be taken, occur or be achieved, or the negative of any of these terms and similar expressions) are not statements of historical fact and may be forward-looking statements. </span></strong></p><p><strong><span
style="FONT-SIZE: xx-small">All forward-looking statements are based on Seabridge&#8217;s or its consultants&#8217; current beliefs as well as various assumptions made by them and information currently available to them. These assumptions include: (i) the presence of and continuity of metals at the Project at modeled grades; (ii) the capacities of various machinery and equipment; (iii) the availability of personnel, machinery and equipment at estimated prices; (iv) exchange rates; (v) metals sales prices; (vi) appropriate discount rates; (vii) tax rates and royalty rates applicable to the proposed mining operation; (viii) financing structure and costs; (ix) anticipated mining losses and dilution; (x) metallurgical performance; (xi) reasonable contingency requirements; (xii) success in realizing further optimizations and potential in exploration programs and proposed operations; (xiii) receipt of regulatory approvals on acceptable terms, including the necessary right of way for the proposed tunnels; and (xiv) the negotiation of satisfactory terms with impacted First Nations groups. Although management considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect. Many forward-looking statements are made assuming the correctness of other forward looking statements, such as statements of net present value and internal rates of return, which are based on most of the other forward-looking statements and assumptions herein. The cost information is also prepared using current values, but the time for incurring the costs will be in the future and it is assumed costs will remain stable over the relevant period. </span></strong></p><p><strong><span
style="FONT-SIZE: xx-small">By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and risks exist that estimates, forecasts, projections and other forward-looking statements will not be achieved or that assumptions do not reflect future experience. We caution readers not to place undue reliance on these forward-looking statements as a number of important factors could cause the actual outcomes to differ materially from the beliefs, plans, objectives, expectations, anticipations, estimates assumptions and intentions expressed in such forward-looking statements. These risk factors may be generally stated as the risk that the assumptions and estimates expressed above do not occur, but specifically include, without limitation: risks relating to variations in the mineral content within the material identified as mineral reserves or mineral resources from that predicted; variations in rates of recovery and extraction; developments in world metals markets; risks relating to fluctuations in the Canadian dollar relative to the US dollar; increases in the estimated capital and operating costs or unanticipated costs; difficulties attracting the necessary work force; increases in financing costs or adverse changes to the terms of available financing, if any; tax rates or royalties being greater than assumed; changes in development or mining plans due to changes in logistical, technical or other factors; changes in project parameters as plans continue to be refined; risks relating to receipt of regulatory approvals or settlement of an agreement with impacted First Nations groups; the effects of competition in the markets in which Seabridge operates; operational and infrastructure risks and the additional risks described in Seabridge&#8217;s Annual Information Form filed with SEDAR in Canada (available at www.sedar.com) for the year ended December 31, 2009 and in the Corporation&#8217;s Annual Report Form 40-F filed with the U.S. Securities and Exchange Commission on EDGAR (available at www.sec.gov/edgar.shtml). Seabridge cautions that the foregoing list of factors that may affect future results is not exhaustive. </span></strong></p><p><strong><span
style="FONT-SIZE: xx-small">When relying on our forward-looking statements to make decisions with respect to Seabridge, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Seabridge does not undertake to update any forward-looking statement, whether written or oral, that may be made from time to time by Seabridge or on our behalf, except as required by law. </span></strong></p><p><strong><br
/> ON BEHALF OF THE BOARD</strong></p><p>&#8220;Rudi Fronk&#8221;<br
/> <em>President &amp; C.E.O.</em></p><p><em><br
/> </em>For further information please contact:<br
/> Rudi P. Fronk, President and C.E.O.<br
/> Tel: (416) 367-9292 • Fax: (416) 367-2711<br
/> Email: info@seabridgegold.net</p><div
style='clear:both'></div>]]></content:encoded> <wfw:commentRss>http://cashinfo.org/2011/02/seabridge-reports-major-new-goldcopper-resource-at-ksms-iron-cap-zone/feed/</wfw:commentRss> <slash:comments></slash:comments> </item> <item><title>Great Panther Silver Secures US Listing on NYSE Amex</title><link>http://cashinfo.org/2011/02/great-panther-silver-secures-us-listing-on-nyse-amex/</link> <comments>http://cashinfo.org/2011/02/great-panther-silver-secures-us-listing-on-nyse-amex/#comments</comments> <pubDate>Mon, 07 Feb 2011 18:14:19 +0000</pubDate> <dc:creator>Alexander Aardema</dc:creator> <category><![CDATA[Gold & silver]]></category> <category><![CDATA[Great Panther]]></category> <category><![CDATA[Mining News]]></category> <category><![CDATA[gold]]></category> <category><![CDATA[GPL]]></category> <category><![CDATA[GPR]]></category> <category><![CDATA[NYSE Amex]]></category> <category><![CDATA[Robert Archer]]></category><guid
isPermaLink="false">http://cashinfo.org/?p=790</guid> <description><![CDATA[We bought Great Panther in September 2009 @ CA$0.84 this means a 202% profit. The news today that GPR will list on NYSE Amex starting tomorrow under the trading symbol GPL will mean more private investors will be able to buy shares of this company. We did sell about 50% of our GPR stock recently, [...]]]></description> <content:encoded><![CDATA[<div
id="in_post_ad_top_1" style="margin:5px;"><script type="text/javascript">google_ad_client = "pub-9475831589228347";
/* 468x15, gemaakt 7-10-09 */
google_ad_slot = "2862956313";
google_ad_width = 468;
google_ad_height = 15;</script> <script type="text/javascript"
src="http://pagead2.googlesyndication.com/pagead/show_ads.js"></script></div><p>We bought Great Panther in September 2009 @ CA$0.84 this means a 202% profit. The news today that GPR will list on NYSE Amex starting tomorrow under the trading symbol GPL will mean more private investors will be able to buy shares of this company. We did sell about 50% of our GPR stock recently, that is just the strategy we us, we now basically own free shares in the company and intend to NEVER sell them again, unless the stock is seriously over priced. Even after the long bull run this stock has had the last two years, Great Panther is still a solid BUY, especially when you compare the fundamentals with industry peers.</p><p><strong>Great Panther News Release (source: company website):</strong></p><p>GREAT PANTHER SILVER LIMITED (TSX: GPR; NYSE Amex: GPL; the &#8220;Company&#8221;) is pleased to announce that its common shares have been authorized for listing on the NYSE Amex stock exchange in the United States. The Company expects the shares to begin trading on or about February 8, 2011 under the trading symbol &#8220;GPL&#8221;. The Company will retain its listing on the Toronto Stock Exchange (TSX) in Canada under the trading symbol &#8220;GPR&#8221;.</p><p>&#8220;With a significant number of US shareholders already in place, the increased exposure anticipated from Great Panther&#8217;s NYSE Amex listing will further expand the Company&#8217;s shareholder base and provide US investors, in particular, many of whom have a serious interest in the ownership of silver and silver equities, with a simpler opportunity to trade the common shares of a solid company with strong leverage to silver prices&#8221;, said Executive Chairman, Kaare Foy. </p><p>&#8220;We welcome Great Panther Silver to NYSE Amex,&#8221; said John Casale, Vice President &#8212; NYSE Euronext, &#8220;and expect that this listing will benefit the Company by providing greater access to institutional and retail investors.&#8221;</p><p>Robert Archer, President and CEO, commented today: &#8220;Great Panther&#8217;s listing on the NYSE Amex is both a milestone and a logical step in the successful development of the Company. It is also a testament to the talent and dedication of our entire team and something that they should all be proud of. As Great Panther continues to expand its production and resources through mine development, new discoveries and acquisitions, we anticipate that the new listing will facilitate greater trading volumes, visibility and market recognition.&#8221; </p><p>Great Panther Silver Limited is a profitable and rapidly growing primary silver producer operating two 100%-owned mines in Mexico. Its flagship operation, the Guanajuato Mine Complex, forms part of the Guanajuato mining district, historically, the second largest silver producing region in Mexico, having produced more than one billion ounces of silver since the year 1600. Great Panther generates approximately 70% of its revenue from silver and 23% from gold, making it very much a precious metals company. A small amount of lead-zinc is also produced as a by-product at the Company&#8217;s Topia Mine in Durango State.</p><p>For further information, please visit the Company&#8217;s website at www.greatpanther.com, contact BD Capital at telephone 604 685 6465, call the Company toll free at 1-888-355-1766, or e-mail <a
style="COLOR: #164980; TEXT-DECORATION: underline" href="mailto:info@greatpanther.com">info@greatpanther.com</a>.</p><p><strong>ON BEHALF OF THE BOARD</strong></p><p><em>&#8220;Robert A. Archer&#8221;</em></p><p>Robert A. Archer, President &amp; CEO</p><p><small
style="FONT-SIZE: 11px; FONT-STYLE: italic; FONT-FAMILY: arial, helvetica, sans-serif">This news release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and forward-looking information within the meaning of the Securities Act (Ontario) (together, &#8220;forward-looking statements&#8221;). Such forward-looking statements may include but are not limited to the Company&#8217;s plans for production at its Guanajuato and Topia Mines in Mexico, exploring its other properties in Mexico, the overall economic potential of its properties, the availability of adequate financing and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements expressed or implied by such forward-looking statements to be materially different. Such factors include, among others, risks and uncertainties relating to potential political risks involving the Company&#8217;s operations in a foreign jurisdiction, uncertainty of production and cost estimates and the potential for unexpected costs and expenses, physical risks inherent in mining operations, currency fluctuations, fluctuations in the price of silver, gold and base metals, completion of economic evaluations, changes in project parameters as plans continue to be refined, the inability or failure to obtain adequate financing on a timely basis, and other risks and uncertainties, including those described in the Company&#8217;s Annual Report on Form 20-F for the year ended December 31, 2009 and reports on Form 6-K filed with the Securities and Exchange Commission and available at www.sec.gov and Material Change Reports filed with the Canadian Securities Administrators and available at <a
href="http://www.sedar.com">www.sedar.com</a>.</small></p><div
style='clear:both'></div>]]></content:encoded> <wfw:commentRss>http://cashinfo.org/2011/02/great-panther-silver-secures-us-listing-on-nyse-amex/feed/</wfw:commentRss> <slash:comments></slash:comments> </item> <item><title>Avino Provides Update on San Gonzalo Mining &amp; Milling and Commences 2011 Drill Program</title><link>http://cashinfo.org/2011/02/avino-provides-update-on-san-gonzalo-mining-milling-and-commences-2011-drill-program/</link> <comments>http://cashinfo.org/2011/02/avino-provides-update-on-san-gonzalo-mining-milling-and-commences-2011-drill-program/#comments</comments> <pubDate>Wed, 02 Feb 2011 16:25:15 +0000</pubDate> <dc:creator>Alexander Aardema</dc:creator> <category><![CDATA[Avino]]></category> <category><![CDATA[Gold & silver]]></category> <category><![CDATA[Mining News]]></category> <category><![CDATA[ASGMF]]></category> <category><![CDATA[ASM]]></category> <category><![CDATA[gold]]></category> <category><![CDATA[San Gonzalo]]></category> <category><![CDATA[silver]]></category><guid
isPermaLink="false">http://cashinfo.org/?p=787</guid> <description><![CDATA[Avino News Release: VANCOUVER, BRITISH COLUMBIA&#8211;(Marketwire &#8211; Feb. 2, 2011) - Avino Silver and Gold Mines Ltd. (TSX VENTURE:ASM)(OTCBB:ASGMF)(BERLIN:GV6)(FRANKFURT:GV6) is pleased to provide the following update on mining and milling operations for the past 3 months. The processing of surface stockpiles of copper ore to test the new mill facilities was completed in October 2010. Approximately 17,500 [...]]]></description> <content:encoded><![CDATA[<div
id="in_post_ad_top_1" style="margin:5px;"><script type="text/javascript">google_ad_client = "pub-9475831589228347";
/* 468x15, gemaakt 7-10-09 */
google_ad_slot = "2862956313";
google_ad_width = 468;
google_ad_height = 15;</script> <script type="text/javascript"
src="http://pagead2.googlesyndication.com/pagead/show_ads.js"></script></div><div><p><strong>Avino News Release:</strong></p><p><strong>VANCOUVER, BRITISH COLUMBIA&#8211;(Marketwire &#8211; Feb. 2, 2011) -</strong> Avino Silver and Gold Mines Ltd. (TSX VENTURE:ASM)(OTCBB:ASGMF)(BERLIN:GV6)(FRANKFURT:GV6) is pleased to provide the following update on mining and milling operations for the past 3 months.</p><p>The processing of surface stockpiles of copper ore to test the new mill facilities was completed in October 2010. Approximately 17,500 tonnes were treated resulting in 419 tonnes of concentrate. Recovery rates were 66% Gold, 58% Silver and 56% copper. The sale of this concentrate has been finalized with a payment of US$1,016,680.00.</p><p>In November, following the relining of the ball mill and the changeover of several conveyor belts in the crushing plant, processing of the San Gonzalo development material began with a daily treatment rate of approximately 180 tonnes per day. This rate was maintained until the development material was finished on January 14, 2011. During this period, a total of 5,896 tonnes of development ore was processed for the production of 192 tonnes of concentrate grading 11.54g/t gold, 3.617kg/t silver with minor amounts of copper, lead and zinc. Feed grade averaged 205g/t Ag and 0.78g/t Au. Plans are being formulated and plant testing will continue to determine the optimum process conditions in order to improve the recoveries.</p><p>With an inventory of approximately 200 wet tonnes of bulk concentrate, proposals are currently being sought from various interested parties for the sale of the product.</p><p>Development for the extraction of the 10,000 tonne bulk sample was completed by the mining contractor (DMG) in early January. The main Stope 2-140 has approximately 6350 tonnes ready for drawdown and there is approximately 4700 tonnes on stockpile near the crushing plant. The smaller stope to the West where a cut and fill mining method is used has the potential for additional mill feed with further development. The broken ore inventory to date will provide approximately 4 months of mill feed at the current milling rate. Plans are now in place to develop the zone to the East on level 2260 towards drill hole SG-07-33 for future mill feed. This is a wide structure with good potential.</p><p>Following a complete overhaul of Avino&#8217;s longyear 44 drill and a new drill contract for personnel and materials, Avino started its regional exploration drill program on January 27 and the first hole SG-11-01 was finished January 30th. The hole was drilled on bearing 215,dip 60 length 88.75 m and successfully intersected the San Gonzalo structure from hole 80.90 to 83.40m east of the area currently being mined. </p><p>Holes SG-11-02 thru SG-11-09 will all explore areas of San Gonzalo as a guide to mine development; hole locations can be viewed on Avino&#8217;s website, <a
href="http://www.avino.com/i/pdf/AvinoNRFeb0211.pdf">http://www.avino.com/i/pdf/AvinoNRFeb0211.pdf</a>. </p><p>Material from the surface stockpiles was assayed on site and at SGS Labs in Durango. Development material from the San Gonzalo zone was assayed at SGS, Durango.</p><p><strong>ON BEHALF OF THE BOARD</strong></p><p>David Wolfin, President</p><p>This release contains statements that are forward-looking statements and are subject to various risks and uncertainties concerning the specific factors disclosed under the heading &#8220;Risk Factors&#8221; and elsewhere in the Company&#8217;s periodic filings with Canadian securities regulators. Such information contained herein represents management&#8217;s best judgment as of the date hereof based on information currently available. The Company does not assume the obligation to update any forward-looking statement.</p></div><p> </p><p>Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.</p><p></p><div><p><strong>For more information, please contact</strong></p><p>Avino Silver &amp; Gold Mines Ltd.<br
/> David Wolfin<br
/> President<br
/> 604.682.3701<br
/> 604.682.3600 (FAX)<br
/> <a
href="mailto:ir@avino.com">ir@avino.com</a><br
/> <a
href="http://www.avino.com" target="_parent">www.avino.com</a></div><div><a
href="http://www.avino.com/s/NewsReleases.asp?ReportID=440672&amp;_Type=News-Releases&amp;_Title=AVINO-PROVIDES-UPDATE-ON-SAN-GONZALO-MINING-MILLING-AND-COMMENCES-2011-DRIL...">Source: Company website</a></div><div
style='clear:both'></div>]]></content:encoded> <wfw:commentRss>http://cashinfo.org/2011/02/avino-provides-update-on-san-gonzalo-mining-milling-and-commences-2011-drill-program/feed/</wfw:commentRss> <slash:comments></slash:comments> </item> <item><title>Brigus Gold and GLR Resources Agree on Equipment Contract</title><link>http://cashinfo.org/2011/01/brigus-gold-and-glr-resources-agree-on-equipment-contract/</link> <comments>http://cashinfo.org/2011/01/brigus-gold-and-glr-resources-agree-on-equipment-contract/#comments</comments> <pubDate>Thu, 27 Jan 2011 23:29:55 +0000</pubDate> <dc:creator>Alexander Aardema</dc:creator> <category><![CDATA[Brigus Gold]]></category> <category><![CDATA[Gold & silver]]></category> <category><![CDATA[Mining News]]></category> <category><![CDATA[BRD]]></category> <category><![CDATA[Brigus]]></category> <category><![CDATA[GLR]]></category> <category><![CDATA[gold]]></category> <category><![CDATA[silver]]></category><guid
isPermaLink="false">http://cashinfo.org/?p=784</guid> <description><![CDATA[We recently bought shares of Brigus @ $1.88 using today&#8217;s close of $1.62 this means a 13,8% loss. The loss can be explained by tanking gold prices, the fundamentals have not changed, and we still consider Brigus to be a solid BUY. Brigus News Release: Halifax, Nova Scotia; and Kirkland Lake, Ontario – January 27, [...]]]></description> <content:encoded><![CDATA[<div
id="in_post_ad_top_1" style="margin:5px;"><script type="text/javascript">google_ad_client = "pub-9475831589228347";
/* 468x15, gemaakt 7-10-09 */
google_ad_slot = "2862956313";
google_ad_width = 468;
google_ad_height = 15;</script> <script type="text/javascript"
src="http://pagead2.googlesyndication.com/pagead/show_ads.js"></script></div><p>We recently bought shares of Brigus @ $1.88 using today&#8217;s close of $1.62 this means a 13,8% loss. The loss can be explained by tanking gold prices, the fundamentals have not changed, and we still consider Brigus to be a solid BUY.</p><p><strong>Brigus News Release:</strong></p><p><strong>Halifax, Nova Scotia; and Kirkland Lake, Ontario – January 27, 2011</strong>–  Brigus Gold Corp. (“Brigus”; TSX: BRD; NYSE Amex: BRD) and GLR  Resources Inc. (“GLR”; CNQX: GLE) jointly announce that they have  reached an agreement regarding the reimbursement by Brigus to GLR in  connection with certain equipment originally ordered by GLR.  This  equipment was related to Brigus’ wholly owned Goldfields Project in  Saskatchewan. A predecessor company of Brigus had acquired the  Goldfields Project from GLR.</p><p>Pursuant to the agreement, Brigus will issue to GLR 1,396,134 common  shares of Brigus valued at CAN$2,443,235 based on a deemed price of  CAN$1.75 per share and will make cash payments aggregating US$60,000.   The agreement is subject to receipt of requisite regulatory approvals  and discontinuance of the outstanding legal action between Brigus and  GLR.</p><p>Brigus intends to develop the Goldfields Project into a producing gold  mine within the current schedule as early as 2013, pending a development  decision by June 2011.</p><p>GLR is a Canadian‐based junior mining and exploration company focused on existing projects in Ontario and Quebec.</p><p>Brigus is a growing gold producer committed to maximizing shareholder  value through a strategy of efficient production, targeted exploration  and select acquisitions.  The Company operates the wholly owned Black  Fox Mine in the Timmins gold district of Ontario, Canada.  The Black Fox  Complex encompasses the Black Fox Mine and Mill, and adjoining Grey  Fox-Pike River property, all in the Township of Black River-Matheson,  Ontario, Canada.  Brigus is also advancing the Goldfields Project  located near Uranium City, Saskatchewan, Canada, which hosts the Box and  Athona gold deposits. In Mexico, Brigus holds a 100% interest in the  Ixhuatan Project located in the state of Chiapas, and a 3% NSR interest  in the Huizopa Project, an early stage, gold-silver exploration project  located in the state of Chihuahua.  In the Dominican Republic, Brigus  Gold has a joint venture covering three mineral exploration projects.</p><p><strong><em><span
style="text-decoration: underline;">Contact Information:</span></em></strong></p><p><strong>GLR Resources Inc.</strong></p><p>Robert Kasner, President and Chief Executive Officer</p><p>Phone: (705) 567-5351</p><p><strong>Brigus Gold Corp.</strong></p><p>Wendy Yang, Vice President of Investor Relations</p><p>Phone: 720-886-9656 Ext. 217</p><p>E-mail: <a
href="mailto:ir@brigusgold.com">ir@brigusgold.com</a></p><p>Website: <a
href="http://www.brigusgold.com/">www.brigusgold.com</a><br
/> <strong>Cautionary and Forward-Looking Statements</strong></p><p>This news release includes “Forward-Looking Statements” within the  meaning of certain securities legislation.  All statements regarding the  timing and decision of development for the Goldfields Project are  forward-looking statements and estimates that involve various risks and  uncertainties.  These statements are based on factors or assumptions  that were applied in drawing a conclusion or making a forecast,  including management’s best judgement based on current conditions and  expected future developments. There can be no assurance that such  statements will prove to be accurate and actual results and future  events could differ materially from those anticipated in such  statements.  Important factors that could cause actual results to differ  materially from these forward-looking statements include environmental  risks and other factors disclosed under the heading “Risk Factors” in  Brigus’ and its predecessor companies’ most recent annual report on Form  10-K filed with the United States Securities and Exchange Commission  and elsewhere in Brigus’ documents filed from time to time with the  Toronto Stock Exchange, the NYSE Amex, the United States Securities and  Exchange Commission, on SEDAR, and other regulatory authorities.  All  forward-looking statements included in this news release are based on  information available to Brigus on the date hereof.  Brigus assumes no  obligation to update any forward-looking statements, except as required  by applicable securities laws.</p><p><strong>Halifax, Nova Scotia; and Kirkland Lake, Ontario – January 27, 2011</strong>–  Brigus Gold Corp. (“Brigus”; TSX: BRD; NYSE Amex: BRD) and GLR  Resources Inc. (“GLR”; CNQX: GLE) jointly announce that they have  reached an agreement regarding the reimbursement by Brigus to GLR in  connection with certain equipment originally ordered by GLR.  This  equipment was related to Brigus’ wholly owned Goldfields Project in  Saskatchewan. A predecessor company of Brigus had acquired the  Goldfields Project from GLR.</p><p>Pursuant to the agreement, Brigus will issue to GLR 1,396,134 common  shares of Brigus valued at CAN$2,443,235 based on a deemed price of  CAN$1.75 per share and will make cash payments aggregating US$60,000.   The agreement is subject to receipt of requisite regulatory approvals  and discontinuance of the outstanding legal action between Brigus and  GLR.</p><p>Brigus intends to develop the Goldfields Project into a producing gold  mine within the current schedule as early as 2013, pending a development  decision by June 2011.</p><p>GLR is a Canadian‐based junior mining and exploration company focused on existing projects in Ontario and Quebec.</p><p>Brigus is a growing gold producer committed to maximizing shareholder  value through a strategy of efficient production, targeted exploration  and select acquisitions.  The Company operates the wholly owned Black  Fox Mine in the Timmins gold district of Ontario, Canada.  The Black Fox  Complex encompasses the Black Fox Mine and Mill, and adjoining Grey  Fox-Pike River property, all in the Township of Black River-Matheson,  Ontario, Canada.  Brigus is also advancing the Goldfields Project  located near Uranium City, Saskatchewan, Canada, which hosts the Box and  Athona gold deposits. In Mexico, Brigus holds a 100% interest in the  Ixhuatan Project located in the state of Chiapas, and a 3% NSR interest  in the Huizopa Project, an early stage, gold-silver exploration project  located in the state of Chihuahua.  In the Dominican Republic, Brigus  Gold has a joint venture covering three mineral exploration projects.</p><p><strong><em><span
style="text-decoration: underline;">Contact Information:</span></em></strong></p><p><strong>GLR Resources Inc.</strong></p><p>Robert Kasner, President and Chief Executive Officer</p><p>Phone: (705) 567-5351</p><p><strong>Brigus Gold Corp.</strong></p><p>Wendy Yang, Vice President of Investor Relations</p><p>Phone: 720-886-9656 Ext. 217</p><p>E-mail: <a
href="mailto:ir@brigusgold.com">ir@brigusgold.com</a></p><p>Website: <a
href="http://www.brigusgold.com/">www.brigusgold.com</a><br
/> <strong>Cautionary and Forward-Looking Statements</strong></p><p>This news release includes “Forward-Looking Statements” within the  meaning of certain securities legislation.  All statements regarding the  timing and decision of development for the Goldfields Project are  forward-looking statements and estimates that involve various risks and  uncertainties.  These statements are based on factors or assumptions  that were applied in drawing a conclusion or making a forecast,  including management’s best judgement based on current conditions and  expected future developments. There can be no assurance that such  statements will prove to be accurate and actual results and future  events could differ materially from those anticipated in such  statements.  Important factors that could cause actual results to differ  materially from these forward-looking statements include environmental  risks and other factors disclosed under the heading “Risk Factors” in  Brigus’ and its predecessor companies’ most recent annual report on Form  10-K filed with the United States Securities and Exchange Commission  and elsewhere in Brigus’ documents filed from time to time with the  Toronto Stock Exchange, the NYSE Amex, the United States Securities and  Exchange Commission, on SEDAR, and other regulatory authorities.  All  forward-looking statements included in this news release are based on  information available to Brigus on the date hereof.  Brigus assumes no  obligation to update any forward-looking statements, except as required  by applicable securities laws.</p><p><a
title="Source: Company website" href="http://www.brigusgold.com/news-releases.asp?id=47" target="_blank">Source: Company website</a></p><div
style='clear:both'></div>]]></content:encoded> <wfw:commentRss>http://cashinfo.org/2011/01/brigus-gold-and-glr-resources-agree-on-equipment-contract/feed/</wfw:commentRss> <slash:comments></slash:comments> </item> <item><title>Great Panther Extends Guanajuatito Silver-Gold Zones To Depth</title><link>http://cashinfo.org/2011/01/great-panther-extends-guanajuatito-silver-gold-zones-to-depth/</link> <comments>http://cashinfo.org/2011/01/great-panther-extends-guanajuatito-silver-gold-zones-to-depth/#comments</comments> <pubDate>Thu, 27 Jan 2011 23:09:58 +0000</pubDate> <dc:creator>Alexander Aardema</dc:creator> <category><![CDATA[Gold & silver]]></category> <category><![CDATA[Great Panther]]></category> <category><![CDATA[Mining News]]></category> <category><![CDATA[gold]]></category> <category><![CDATA[GPR]]></category> <category><![CDATA[GPRLF]]></category> <category><![CDATA[Guanajuatito]]></category> <category><![CDATA[Guanajuato]]></category> <category><![CDATA[Robert A. Archer]]></category> <category><![CDATA[silver]]></category><guid
isPermaLink="false">http://cashinfo.org/?p=780</guid> <description><![CDATA[We bought Great Panther in September 2009 @ CA$0.84 using today&#8217;s close of CA$1.95 this means a 132% gain. Recently we sold 50% of our shares @ CA$2.75 (a 227% gain) because of our unique strategy. We still think Great Panther has a lot of upward potential, and with more development en exploration on the [...]]]></description> <content:encoded><![CDATA[<div
id="in_post_ad_top_1" style="margin:5px;"><script type="text/javascript">google_ad_client = "pub-9475831589228347";
/* 468x15, gemaakt 7-10-09 */
google_ad_slot = "2862956313";
google_ad_width = 468;
google_ad_height = 15;</script> <script type="text/javascript"
src="http://pagead2.googlesyndication.com/pagead/show_ads.js"></script></div><p>We bought Great Panther in September 2009 @ CA$0.84 using today&#8217;s close of CA$1.95 this means a 132% gain. Recently we sold 50% of our shares @ CA$2.75 (a 227% gain) <a
title="because of our unique strategy" href="http://cashinfo.org/2011/01/my-method-explained-how-to-build-up-your-own-retirement-plan-in-3-steps/" target="_blank">because of our unique strategy</a>. We still think Great Panther has a lot of upward potential, and with more development en exploration on the way, this company is a real pearl!  We keep Great Panther at a BUY advise.</p><p><strong>Great Panther News Release:</strong></p><p>GREAT PANTHER SILVER LIMITED (TSX: GPR; the &#8220;Company&#8221;) is pleased to  announce the discovery of deeper mineralized silver-gold zones at the  Guanajuatito Mine at the northwest end of the Guanajuato Mine Complex.   The deep drilling program is being conducted at 25-50 metre intervals  from several drill stations on the Guanajuatito Mine cross-cut, located  on the 100 metre level. The drilling program has been successful in  extending silver-gold mineralization below the current level of mining  on the 80 metre level, down to the 245 metre level.  The new  mineralization has been defined over a strike length of approximately  100 metres and for an additional 150 metres vertically.  Highlights from  21 drill holes completed in 2010 plus several earlier drill holes in  the deeper (below the 80 metre level) portions of Guanajuatito are  listed below.  A more complete listing of results and a <a
href="http://www.greatpanther.com/i/pdf/GTO-GTTO-UG-Longsection.pdf" target="_blank">longitudinal section</a> showing the drill holes have been added to the Company website.</p><p>Using information from mining the upper levels and the new drilling, two  mineralized zones are interpreted from the data &#8211; the Veta Madre zone,  and a slightly deeper Footwall zone.  Typically, the mineralized portion  of the zones pinches and swells with true widths varying from less than  one metre to 4.6 metres.  Typifying the above observations are Veta  Madre intersections for UGG10-008 that intersected 8.52g/t gold and  1,300g/t silver over a true width of 0.61 metres, and UGG10-009 that  intersected 0.87g/t gold and 241g/t silver over a true width of 3.59  metres.  The best and deepest (245 level) Footwall zone intersection  returned 2.77g/t gold and 839g/t silver over a true width of 1.72 metres  in UGG10-021.</p><p>Drilling is being conducted from drill stations in a hanging wall  cross-cut on the 100 metre level.  Modeling of the structures is  presently being completed and ramp access has intersected the Veta Madre  on the 120 metre level.  Future plans call for a hanging wall  exploration drive sublevel to be driven both northwest and southeast to  accommodate additional drill stations at 50 metre intervals to test the  mineralized zones in the Guanajuatito Mine area from the 100 metre level  down to the 390 metre level (approximately 400 metres down dip), and  along 500 metres of strike.</p><p>Andrew Sharp, Guanajuato Mine Manager stated, &#8220;Ore development on the  120 level is underway and the provision of ventilation for the first ore  level is a priority.  Once this commences, ramp development to  subsequent stope levels for future production will re-commence.  Given  the good exploration results to date, further exploration potential  along strike and the advancing ramp depth, additional capital has been  committed in the form of a deeper electrical distribution network.&#8221;</p><p>The Guanajuatito Mine was the first area at Guanajuato to be drilled by  Great Panther in 2005 and one of the first to commence mining.  While  the upper levels (from the +20 metre level down to the 80 metre level)  were drilled from surface, and subsequently mined out (76,668 tonnes at  254g/t Ag and 1.69g/t Au, for 876,000 Ag eq oz using a 60:1 silver:gold  ratio), this zone was never included in any NI 43-101 compliant  resource.  The new drilling on the deeper levels will, however, be  brought into the Company&#8217;s next resource update later this year.</p><p>Highlights of Deep Guanajuatito Drill Holes</p><table
border="1" cellspacing="0" cellpadding="2" width="99%"><tbody><tr><td
valign="top">Hole Number</td><td
valign="top">From (m)</td><td
valign="top">To (m)</td><td
valign="top">Width (m)</td><td
valign="top">True Width (m)</td><td
valign="top">Au (g/t)</td><td
valign="top">Ag (g/t)</td><td
valign="top">Zone</td></tr><tr><td
valign="top">UG09-084P</td><td
valign="top"><p
align="right">1.8</p></td><td
valign="top"><p
align="right">7.9</p></td><td
valign="top"><p
align="right">5.8</p></td><td
valign="top"><p
align="right">4.1</p></td><td
valign="top"><p
align="right">2.36</p></td><td
valign="top"><p
align="right">429</p></td><td
valign="top">VM</td></tr><tr><td
valign="top">UG09-080</td><td
valign="top"><p
align="right">29.0</p></td><td
valign="top"><p
align="right">31.7</p></td><td
valign="top"><p
align="right">2.7</p></td><td
valign="top"><p
align="right">1.74</p></td><td
valign="top"><p
align="right">1.01</p></td><td
valign="top"><p
align="right">175</p></td><td
valign="top">VM</td></tr><tr><td
valign="top">SG08-070</td><td
valign="top"><p
align="right">247.5</p></td><td
valign="top"><p
align="right">249.24</p></td><td
valign="top"><p
align="right">1.74</p></td><td
valign="top"><p
align="right">1.22</p></td><td
valign="top"><p
align="right">0.46</p></td><td
valign="top"><p
align="right">100</p></td><td
valign="top">VM</td></tr><tr><td
valign="top">UGG10-001</td><td
valign="top"><p
align="right">28.5</p></td><td
valign="top"><p
align="right">30.4</p></td><td
valign="top"><p
align="right">1.9</p></td><td
valign="top"><p
align="right">1.8</p></td><td
valign="top"><p
align="right">1.28</p></td><td
valign="top"><p
align="right">115</p></td><td
valign="top">VM</td></tr><tr><td
valign="top">UGG10-002</td><td
valign="top"><p
align="right">32.5</p></td><td
valign="top"><p
align="right">35.05</p></td><td
valign="top"><p
align="right">2.55</p></td><td
valign="top"><p
align="right">2.4</p></td><td
valign="top"><p
align="right">1.87</p></td><td
valign="top"><p
align="right">455</p></td><td
valign="top">FW</td></tr><tr><td
valign="top">UGG10-003</td><td
valign="top"><p
align="right">45.25</p></td><td
valign="top"><p
align="right">49.6</p></td><td
valign="top"><p
align="right">4.35</p></td><td
valign="top"><p
align="right">2.8</p></td><td
valign="top"><p
align="right">0.46</p></td><td
valign="top"><p
align="right">307</p></td><td
valign="top">FW</td></tr><tr><td
valign="top">UGG10-005</td><td
valign="top"><p
align="right">109.15</p></td><td
valign="top"><p
align="right">111.65</p></td><td
valign="top"><p
align="right">2.5</p></td><td
valign="top"><p
align="right">2.17</p></td><td
valign="top"><p
align="right">1.22</p></td><td
valign="top"><p
align="right">194</p></td><td
valign="top">FW</td></tr><tr><td
valign="top">UGG10-006</td><td
valign="top"><p
align="right">88</p></td><td
valign="top"><p
align="right">90.5</p></td><td
valign="top"><p
align="right">2.5</p></td><td
valign="top"><p
align="right">2.49</p></td><td
valign="top"><p
align="right">0.44</p></td><td
valign="top"><p
align="right">140</p></td><td
valign="top">FW</td></tr><tr><td
valign="top">UGG10-008</td><td
valign="top"><p
align="right">102.95</p></td><td
valign="top"><p
align="right">103.65</p></td><td
valign="top"><p
align="right">0.7</p></td><td
valign="top"><p
align="right">0.61</p></td><td
valign="top"><p
align="right">8.52</p></td><td
valign="top"><p
align="right">1300</p></td><td
valign="top">VM</td></tr><tr><td
valign="top">UGG10-009</td><td
valign="top"><p
align="right">147.95</p></td><td
valign="top"><p
align="right">151.55</p></td><td
valign="top"><p
align="right">3.6</p></td><td
valign="top"><p
align="right">3.59</p></td><td
valign="top"><p
align="right">0.87</p></td><td
valign="top"><p
align="right">241</p></td><td
valign="top">VM</td></tr><tr><td
valign="top">UGG10-009</td><td
valign="top"><p
align="right">154.3</p></td><td
valign="top"><p
align="right">156.15</p></td><td
valign="top"><p
align="right">1.85</p></td><td
valign="top"><p
align="right">1.84</p></td><td
valign="top"><p
align="right">1.72</p></td><td
valign="top"><p
align="right">377</p></td><td
valign="top">FW</td></tr><tr><td
valign="top">UGG10-012</td><td
valign="top"><p
align="right">41.5</p></td><td
valign="top"><p
align="right">42.05</p></td><td
valign="top"><p
align="right">0.55</p></td><td
valign="top"><p
align="right">0.55</p></td><td
valign="top"><p
align="right">2.51</p></td><td
valign="top"><p
align="right">558</p></td><td
valign="top">VM</td></tr><tr><td
valign="top">UGG10-017</td><td
valign="top"><p
align="right">87.8</p></td><td
valign="top"><p
align="right">91.4</p></td><td
valign="top"><p
align="right">3.6</p></td><td
valign="top"><p
align="right">3.58</p></td><td
valign="top"><p
align="right">1.03</p></td><td
valign="top"><p
align="right">194</p></td><td
valign="top">VM</td></tr><tr><td
valign="top">UGG10-019</td><td
valign="top"><p
align="right">146.7</p></td><td
valign="top"><p
align="right">151.3</p></td><td
valign="top"><p
align="right">4.6</p></td><td
valign="top"><p
align="right">4.44</p></td><td
valign="top"><p
align="right">1.17</p></td><td
valign="top"><p
align="right">274</p></td><td
valign="top">VM</td></tr><tr><td
valign="top">UGG10-021</td><td
valign="top"><p
align="right">168.2</p></td><td
valign="top"><p
align="right">170.1</p></td><td
valign="top"><p
align="right">1.9</p></td><td
valign="top"><p
align="right">1.72</p></td><td
valign="top"><p
align="right">2.27</p></td><td
valign="top"><p
align="right">839</p></td><td
valign="top">FW</td></tr></tbody></table><p>VM: Veta Madre zone; FW: Footwall zone.</p><p>Robert F. Brown, P. Eng. and Vice President of Exploration for the  Company is the Qualified Person for the Guanajuato Mine, under the  meaning of NI 43-101.  A full QA/QC program is being followed including  the regular insertion of splits, blanks, and standards into the core  sampling sequence.  Analysis of the drill core samples will be conducted  at the Guanajuato Mine on-site laboratory, independently operated by  SGS.</p><p>For further information, please visit the Company&#8217;s website at <a
href="http://www.greatpanther.com/" target="_blank">www.greatpanther.com</a>, contact B&amp;D Capital at telephone 604 685 6465, fax 604 899 4303 or e-mail <a
href="mailto:info@greatpanther.com">info@greatpanther.com</a>.</p><p><strong>ON BEHALF OF THE BOARD</strong></p><p><em>&#8220;Robert A. Archer&#8221;</em></p><p>Robert A. Archer, President &amp; CEO</p><p><small>This news release contains forward-looking statements within the  meaning of the United States Private Securities Litigation Reform Act of  1995 and forward-looking information within the meaning of the  Securities Act (Ontario) (together, &#8220;forward-looking statements&#8221;).  Such  forward-looking statements may include but are not limited to the  Company&#8217;s plans for production at its Guanajuato and Topia Mines in  Mexico, exploring its other properties in Mexico, the overall economic  potential of its properties, the availability of adequate financing and  involve known and unknown risks, uncertainties and other factors which  may cause the actual results, performance or achievements expressed or  implied by such forward-looking statements to be materially different.   Such factors include, among others, risks and uncertainties relating to  potential political risks involving the Company&#8217;s operations in a  foreign jurisdiction, uncertainty of production and cost estimates and  the potential for unexpected costs and expenses, physical risks inherent  in mining operations, currency fluctuations, fluctuations in the price  of silver, gold and base metals, completion of economic evaluations,  changes in project parameters as plans continue to be refined, the  inability or failure to obtain adequate financing on a timely basis, and  other risks and uncertainties, including those described in the  Company&#8217;s Annual Report on Form 20-F for the year ended December 31,  2009 and reports on Form 6-K filed with the Securities and Exchange  Commission and available at <a
href="http://www.sec.gov/" target="_blank">www.sec.gov</a> and Material Change Reports filed with the Canadian Securities Administrators and available at <a
href="http://www.sedar.com/" target="_blank">www.sedar.com</a>.</small></p><p><a
title="Source: Company website" href="http://www.greatpanther.com/s/NewsReleases.asp?ReportID=439789&amp;_Type=News-Releases&amp;_Title=Great-Panther-Extends-Guanajuatito-Silver-Gold-Zones-To-Depth" target="_blank">Source: Company website</a></p><div
style='clear:both'></div>]]></content:encoded> <wfw:commentRss>http://cashinfo.org/2011/01/great-panther-extends-guanajuatito-silver-gold-zones-to-depth/feed/</wfw:commentRss> <slash:comments></slash:comments> </item> <item><title>Seabridge Improves Size, Grade and Quality of Courageous Lake Gold Resource</title><link>http://cashinfo.org/2011/01/seabridge-improves-size-grade-and-quality-of-courageous-lake-gold-resource/</link> <comments>http://cashinfo.org/2011/01/seabridge-improves-size-grade-and-quality-of-courageous-lake-gold-resource/#comments</comments> <pubDate>Tue, 25 Jan 2011 13:43:19 +0000</pubDate> <dc:creator>Alexander Aardema</dc:creator> <category><![CDATA[Gold & silver]]></category> <category><![CDATA[Mining News]]></category> <category><![CDATA[Seabridge]]></category> <category><![CDATA[Courageous Lake]]></category> <category><![CDATA[gold]]></category> <category><![CDATA[Rudi Fronk]]></category> <category><![CDATA[SA]]></category> <category><![CDATA[SEA]]></category> <category><![CDATA[stock pick]]></category><guid
isPermaLink="false">http://cashinfo.org/?p=775</guid> <description><![CDATA[Seabridge News Release: Toronto, Canada – An updated, independent mineral resource model for Seabridge Gold&#8217;s 100% owned Courageous Lake project in Canada&#8217;s Northwest Territories has (i) significantly increased the measured and indicated gold resources (ii) improved the average grade of the resource and (iii) increased the size of the deposit. The next step is to incorporate [...]]]></description> <content:encoded><![CDATA[<div
id="in_post_ad_top_1" style="margin:5px;"><script type="text/javascript">google_ad_client = "pub-9475831589228347";
/* 468x15, gemaakt 7-10-09 */
google_ad_slot = "2862956313";
google_ad_width = 468;
google_ad_height = 15;</script> <script type="text/javascript"
src="http://pagead2.googlesyndication.com/pagead/show_ads.js"></script></div><p><strong>Seabridge News Release:</strong></p><p><span
style="color: #141f2b;"><strong>Toronto, Canada</strong> – An  updated, independent mineral resource model for Seabridge Gold&#8217;s 100%  owned Courageous Lake project in Canada&#8217;s Northwest Territories has (i)  significantly increased the measured and indicated gold resources (ii)  improved the average grade of the resource and (iii) increased the size  of the deposit. The next step is to incorporate the updated resource  model, prepared by Resource Modeling Inc. (&#8220;RMI&#8221;) of Stites, Idaho, into  a new Preliminary Assessment (&#8220;PA&#8221;) scheduled for completion in April  2011.</span></p><p>The new NI 43-101 compliant resource estimate prepared by RMI is as follows:</p><p><img
src="http://www.seabridgegold.net/Images/NJan25-11-table1.jpg" alt="Courageous Lake Gold Resources" width="475" height="221" /></p><p>Seabridge Gold President and CEO Rudi Fronk said the new model  &#8220;incorporates data from 49 diamond core holes drilled in 2010 totaling  about 22,000 meters. The focus of the 2010 drilling program was to  upgrade inferred resources to higher categories. Using the same cut-off  grade as the 2007 resource model, measured and indicated gold resources  have increased by 60% while the average grade of these categories  improved by 5%. Nearly all of that gain came from upgrading previously  defined inferred resources to measured or indicated categories. In  addition, the 2010 drilling found new inferred resources and increased  the average grade of the inferred by 13% from the 2007 estimate. The new  resource model and a substantially higher gold price should  significantly enhance project economics in the April 2011 PA. The 2008  PA was based on $690 gold. In the current environment, we believe that  Courageous Lake could be a highly robust gold project.&#8221;</p><p>For a detailed summary of the 2007 resource model see <a
href="http://www.seabridgegold.net/NFeb28-07.pdf">http://www.seabridgegold.net/NFeb28-07.pdf</a> and for the 2008 PA see <a
href="http://www.seabridgegold.net/NMar10-08.pdf">http://www.seabridgegold.net/NMar10-08.pdf</a>.</p><p>The new resource model constructed for the Courageous Lake deposit  now incorporates data from a total of 560 holes drilled by Seabridge,  Noranda and Placer Dome totaling 150,584 meters. Gold mineralization  within the Courageous Lake deposit is hosted in the upper part of an  assemblage of Archean age felsic pyroclastic rocks, just below a  transition zone to volcanoclastic and sedimentary rocks.</p><p>Similar to the 2007 estimate (also completed by RMI), block model  gold grades for this latest Courageous Lake model were estimated using a  multiple pass inverse distance weighting interpolation procedure. The  2010 drilling program was highly successful with the new drill hole  assay data showing that (i) the 2007 model was a reasonable predictor of  &#8220;ore and waste&#8221; and that (ii) a back analysis of comparing the 2010  drill hole intersections against the 2007 block model demonstrates a net  gain of contained gold. In addition to using mineral zone wireframes to  constrain the estimate of block grades, a dynamic anisotropic search  strategy was used to select eligible composites. The search ellipse was  allowed to dynamically conform to the hanging and footwall contacts of  the key mineral zones, providing for a more geologically consistent and  realistic distribution of in situ block gold grades. Individual assay  grades were capped for each zone prior to compositing the assay data and  interpolating block grades. The estimated block grades were classified  into Measured, Indicated, and Inferred Mineral Resource categories using  distance to drilling data and the number of drill holes used to  estimate the block grades. For the principal mineral zones (3-5)  Measured Resources were defined for blocks estimated by one or more  drill holes within 7.5 meters of the block. For those same principal  mineral zones, Indicated Resources were defined by blocks estimated by  two or more drill holes with at least one sample within 30 meters of the  block. Inferred Mineral Resources were defined by blocks estimated by  at least one drill hole with a maximum allowable assay projection  distance of 65 meters. It is RMI&#8217;s opinion that the new resource model  is globally unbiased and locally reflects the grade of nearby drill hole  composites.</p><p>The following table provides global resource estimates from the new model at various gold cutoff grades:</p><p><img
src="http://www.seabridgegold.net/Images/NJan25-11-table2.jpg" alt="Courageous Lake Resource Comparison by Cut-off Grade" width="464" height="173" /></p><p>The cutoff grade for resource tabulation was set at 0.83 grams per  tonne, consistent with cut-off grade used for previous Courageous Lake  resource estimates. In all likelihood, the cut-off grade that will be  employed in the 2011 PA will be lower than 0.83 grams per tonne due to  higher gold prices.</p><p>Gold resource estimates included herein were prepared by Resource  Modeling Inc. under the direction of Michael Lechner, who is independent  of Seabridge and a Qualified Person as defined by National Instrument  43-101. Mr. Lechner is a highly regarded expert in his field and  frequently undertakes independent resource estimates for major mining  companies. Mr. Lechner has reviewed and approved this news release. The  independent technical report detailing the new Courageous Lake resource  model will be filed on SEDAR at <a
href="http://www.sedar.com/">www.sedar.com</a>.</p><p>Exploration activities by Seabridge Gold at the Courageous Lake gold  project have been conducted under the supervision of William E.  Threlkeld, Registered Professional Geologist, Senior Vice President of  the Company and a Qualified Person as defined by National Instrument  43-101. A rigorous quality control/quality assurance protocol was  employed during the 2010 Courageous Lake drill program including blank  and certified reference standards inserted by the Company in every batch  of assays. Repeats and re-splits of the sample rejects were analyzed at  a rate of not less than one sample in every 25 for each type. Samples  were assayed at Acme Laboratories, Vancouver, B.C. using fire assay  atomic adsorption methods for gold and total digestion ICP methods for  other elements. Cross-check analyses were conducted at a second external  laboratory on at least 10% of the samples.</p><p>Seabridge holds a 100% interest in several North American gold  projects. The Company&#8217;s principal assets are the KSM property located  near Stewart, British Columbia, Canada and the Courageous Lake gold  project located in Canada&#8217;s Northwest Territories. For a breakdown of  Seabridge&#8217;s mineral reserves and mineral resources by category please  visit the Company&#8217;s website at <a
href="http://www.seabridgegold.net/resources.php">http://www.seabridgegold.net/resources.php </a>.</p><p><strong><span
style="font-size: xx-small;">All reserve and  resource estimates reported by the Corporation were calculated in  accordance with the Canadian National Instrument 43-101 and the Canadian  Institute of Mining and Metallurgy Classification system. These  standards differ significantly from the requirements of the U.S.  Securities and Exchange Commission. Mineral resources which are not  mineral reserves do not have demonstrated economic viability. </span></strong></p><p><strong><span
style="font-size: xx-small;">This document contains  &#8220;forward-looking information&#8221; within the meaning of Canadian securities  legislation and &#8220;forward-looking statements&#8221; within the meaning of the  United States Private Securities Litigation Reform Act of 1995. This  information and these statements, referred to herein as &#8220;forward-looking  statements&#8221; are made as of the date of this document but many of them  relate to estimates and projections prepared in 2007 and 2008.  Forward-looking statements relate to future events or future performance  and reflect current estimates, predictions, expectations or beliefs  regarding future events and include, but are not limited to, statements  with respect to: (i) the amount of mineral reserves and mineral  resources; (ii) the amount of future production over any period; (iii)  cumulative pre-tax net cash flow of the proposed mining operation; (iv)  capital costs; (v) operating costs, including credits from the sale of  other metals; (vi) mining rates; (vii) mine life; (vii) planned  expenditures; and (viii) upgrading inferred resources. Any statements  that express or involve discussions with respect to predictions,  expectations, beliefs, plans, projections, objectives, assumptions or  future events or performance (often, but not always, using words or  phrases such as &#8220;expects&#8221;, &#8220;anticipates&#8221;, &#8220;plans&#8221;, &#8220;projects&#8221;,  &#8220;estimates&#8221;, &#8220;envisages&#8221;, &#8220;assumes&#8221;, &#8220;intends&#8221;, &#8220;strategy&#8221;, &#8220;goals&#8221;,  &#8220;objectives&#8221; or variations thereof or stating that certain actions,  events or results &#8220;may&#8221;, &#8220;could&#8221;, &#8220;would&#8221;, &#8220;might&#8221; or &#8220;will&#8221; be taken,  occur or be achieved, or the negative of any of these terms and similar  expressions) are not statements of historical fact and may be  forward-looking statements. </span></strong></p><p><strong><span
style="font-size: xx-small;">All forward-looking  statements are based on Seabridge&#8217;s or its independent consultants&#8217;  current beliefs as well as various assumptions made by them and  information available to them on the date the statements are made. These  assumptions include: (i) the presence of and continuity of metals at  the Project at modeled grades; (ii) the capacities of various machinery  and equipment; (iii) the availability of personnel, machinery and  equipment at estimated prices; (iv) exchange rates; (v) metals sales  prices; (vi) appropriate discount rates; (vii) tax rates and royalty  rates applicable to the proposed mining operation; (viii) financing  structure and costs; (ix) anticipated mining losses and dilution; (x)  metals recovery rates, (xi) reasonable contingency requirements; (xii)  receipt of regulatory approvals on acceptable terms; and (xiii) the  negotiation of satisfactory terms with impacted First Nations groups.  Although management considers these assumptions to be reasonable based  on information currently available to it, they may prove to be  incorrect. Many forward-looking statements are made assuming the  correctness of other forward-looking statements, such as statements of  cumulative pre-tax net cash flow, which are based on other  forward-looking statements and assumptions. The cost information is also  prepared using earlier values, but the time for incurring the costs  will be in the future and it is assumed costs will remain stable over  the relevant period. </span></strong></p><p><strong><span
style="font-size: xx-small;">By their very nature,  forward-looking statements involve inherent risks and uncertainties,  both general and specific, and risks exist that estimates, forecasts,  projections and other forward-looking statements will not be achieved or  that assumptions do not reflect future experience. We caution readers  not to place undue reliance on these forward-looking statements as a  number of important factors could cause the actual outcomes to differ  materially from the beliefs, plans, objectives, expectations,  anticipations, estimates, assumptions and intentions expressed in such  forward-looking statements. These risk factors may be generally stated  as the risk that the assumptions and estimates expressed above do not  occur, but specifically include, without limitation, risks relating to  variations in the mineral content within the material identified as  mineral reserves from that predicted; variations in rates of recovery  and extraction; developments in world metals markets;, risks relating to  fluctuations in the Canadian dollar relative to the US dollar;  increases in the estimated capital and operating costs or unanticipated  costs; difficulties attracting the necessary work force; increases in  financing costs or adverse changes to the terms of available financing,  if any; tax rates or royalties being greater than assumed; changes in  development or mining plans due to changes in logistical, technical or  other factors; changes in project parameters as plans continue to be  refined; risks relating to receipt of regulatory approvals or settlement  of an agreement with impacted First Nations groups; the effects of  competition in the markets in which Seabridge operates; operational and  infrastructure risks; and the additional risks including those described  in the December 31, 2009 Corporation&#8217;s Annual Information Form filed  with SEDAR in Canada (available at www.sedar.com) and in the  Corporation&#8217;s Annual Report Form 40-F filed with the U.S. Securities and  Exchange Commission on EDGAR (available at www.sec.gov/edgar.shtml).  Seabridge cautions that the foregoing list of factors that may affect  future results is not exhaustive. </span></strong></p><p><strong><span
style="font-size: xx-small;">When relying on our  forward-looking statements to make decisions with respect to Seabridge,  investors and others should carefully consider the foregoing factors and  other uncertainties and potential events. Seabridge does not undertake  to update any forward-looking statement, whether written or oral, that  may be made from time to time by Seabridge or on our behalf, except as  required by law. </span></strong></p><p><strong><br
/> ON BEHALF OF THE BOARD</strong></p><p>&#8220;Rudi Fronk&#8221;<br
/> <em>President &amp; C.E.O.</em></p><p><em><br
/> </em>For further information please contact:<br
/> Rudi P. Fronk, President and C.E.O.<br
/> Tel: (416) 367-9292 • Fax: (416) 367-2711<br
/> Email: info@seabridgegold.net</p><p><a
title="Source: Company website" href="http://www.seabridgegold.net/readmore.php?newsid=312" target="_blank">Source: Company website</a></p><div
style='clear:both'></div>]]></content:encoded> <wfw:commentRss>http://cashinfo.org/2011/01/seabridge-improves-size-grade-and-quality-of-courageous-lake-gold-resource/feed/</wfw:commentRss> <slash:comments></slash:comments> </item> <item><title>Minera Andes Announces Increased Silver and Gold Production for the Fourth Quarter and for the Year 2010 at the San José Mine</title><link>http://cashinfo.org/2011/01/minera-andes-announces-increased-silver-and-gold-production-for-the-fourth-quarter-and-for-the-year-2010-at-the-san-jose-mine/</link> <comments>http://cashinfo.org/2011/01/minera-andes-announces-increased-silver-and-gold-production-for-the-fourth-quarter-and-for-the-year-2010-at-the-san-jose-mine/#comments</comments> <pubDate>Thu, 20 Jan 2011 00:06:06 +0000</pubDate> <dc:creator>Alexander Aardema</dc:creator> <category><![CDATA[Gold & silver]]></category> <category><![CDATA[Minera Andes]]></category> <category><![CDATA[Mining News]]></category> <category><![CDATA[Copper]]></category> <category><![CDATA[gold]]></category> <category><![CDATA[MAI]]></category> <category><![CDATA[MNEAF]]></category> <category><![CDATA[San José Mine]]></category> <category><![CDATA[silver]]></category><guid
isPermaLink="false">http://cashinfo.org/?p=770</guid> <description><![CDATA[Today Minera Andes announced positive results for the fourth quarter. The proceeds from this project allows the company to continue to explore their large claims. We bought Minera Andes in September 2009 @ CA$0.84 today the stock gained 3.29% against slumping commodity prices to close at CA$2.51 This means a 198.8% gain since we picked [...]]]></description> <content:encoded><![CDATA[<div
id="in_post_ad_top_1" style="margin:5px;"><script type="text/javascript">google_ad_client = "pub-9475831589228347";
/* 468x15, gemaakt 7-10-09 */
google_ad_slot = "2862956313";
google_ad_width = 468;
google_ad_height = 15;</script> <script type="text/javascript"
src="http://pagead2.googlesyndication.com/pagead/show_ads.js"></script></div><p>Today Minera Andes announced positive results for the fourth quarter. The proceeds from this project allows the company to continue to explore their large claims. We bought Minera Andes in September 2009 @ CA$0.84 today the stock gained 3.29% against slumping commodity prices to close at CA$2.51 This means a 198.8% gain since we picked this stock in September 2009. <a
title="Using the three step retirement plan we wrote about in a previous post we own this stock for free now!" href="http://cashinfo.org/2011/01/my-method-explained-how-to-build-up-your-own-retirement-plan-in-3-steps/" target="_blank">Using the three step retirement plan we wrote about in a previous post we own this stock for free now!</a></p><p><strong>Minera Andes News Release:</strong></p><p><strong>TORONTO, ONTARIO &#8211; January 19, 2011 &#8211; Minera Andes Inc. (the &#8220;Corporation&#8221; or &#8220;Minera Andes&#8221;) (TSX: MAI and US OTC: MNEAF)</strong> announces the San José mine production results for the fourth quarter  of 2010 and the year ended December 31, 2010.  During the fourth  quarter, the San José mine produced 1,871,440 ounces of silver and  26,141 ounces of gold, of which 49% is attributable to Minera Andes.   For the full year of 2010 silver production was 5,323,842 ounces and  gold production was 84,303 ounces.</p><div><strong>SAN JOSÉ MINE PRODUCTION COMPARISON (100% BASIS)*</strong></p><table
border="1" cellspacing="0" cellpadding="0"><tbody><tr><td
valign="top"><strong>Production </strong></td><td
align="center"><strong>Total<br
/> 2010</strong></td><td
align="center"><strong>Q4<br
/> 2010</strong></td><td
align="center"><strong>Q3<br
/> 2010</strong></td><td
align="center"><strong>Total<br
/> 2009</strong></td><td
align="center"><strong>Q4<br
/> 2009</strong></td></tr><tr><td><strong>Ore production (tonnes)</strong></td><td
align="right"><strong>461,134</strong></td><td
align="right"><strong>135,710</strong></td><td
align="right"><strong>112,681</strong></td><td
align="right"><strong>460,971</strong></td><td
align="right"><strong>100,460</strong></td></tr><tr><td><strong>Average head grade silver (g/t)</strong></td><td
align="right"><strong>397</strong></td><td
align="right"><strong>475</strong></td><td
align="right"><strong>423</strong></td><td
align="right"><strong>398</strong></td><td
align="right"><strong>351</strong></td></tr><tr><td><strong>Average head grade gold (g/t)</strong></td><td
align="right"><strong>6.14</strong></td><td
align="right"><strong>6.34</strong></td><td
align="right"><strong>6.42</strong></td><td
align="right"><strong>6.19</strong></td><td
align="right"><strong>7.34</strong></td></tr><tr><td><strong>Silver produced (ounces)</strong></td><td
align="right"><strong>5,323,842</strong></td><td
align="right"><strong>1,871,440</strong></td><td
align="right"><strong>1,408,501</strong></td><td
align="right"><strong>4,997,700</strong></td><td
align="right"><strong>1,032,025</strong></td></tr><tr><td><strong>Gold produced (ounces)</strong></td><td
align="right"><strong>84,303</strong></td><td
align="right"><strong>26,141</strong></td><td
align="right"><strong>22,025</strong></td><td
align="right"><strong>77,075</strong></td><td
align="right"><strong>19,961</strong></td></tr><tr><td><strong>Silver equivalent production (ounces)</strong></td><td
align="right"><strong>10,382,041</strong></td><td
align="right"><strong>3,439,929</strong></td><td
align="right"><strong>2,729,995</strong></td><td
align="right"><strong>9,622,222</strong></td><td
align="right"><strong>2,229,687</strong></td></tr><tr><td><strong>Net silver sold (ounces)</strong></td><td
align="right"><strong>5,169,675</strong></td><td
align="right"><strong>1,916,163</strong></td><td
align="right"><strong>1,219,676</strong></td><td
align="right"><strong>5,072,023</strong></td><td
align="right"><strong>988,747</strong></td></tr><tr><td><strong>Net gold sold (ounces)</strong></td><td
align="right"><strong>83,326</strong></td><td
align="right"><strong>26,900</strong></td><td
align="right"><strong>19,932</strong></td><td
align="right"><strong>77,220</strong></td><td
align="right"><strong>19,233</strong></td></tr></tbody></table></div><p><small>*49% of the San José mine production is attributable to Minera Andes Inc.</small></p><p>Fourth quarter 2010 silver production was 33% higher and gold production  was 19% higher compared to the third quarter of 2010.  The increase in  silver and gold production was the result of increased mill throughput,  increased metallurgical recoveries for silver and gold, and higher  grades for silver compared to the third quarter.  The mill is currently  operating routinely at full capacity.  The increase in mill throughput  was due to the development of additional production areas in the mine,  and the improved silver grade was due to production from higher grade  silver areas and because of incremental silver production from the  Merrill Crowe circuit in the mill.  Fourth quarter 2010 silver  production increased 81% and gold increased 31% compared to the fourth  quarter of 2009.  Production in the fourth quarter of 2009 was reduced  because of 15 days of labour disruptions.</p><p>Fourth quarter production cost information will be provided jointly with  the financial results for the fourth quarter which are due to be filed  at the end of March 2011.</p><p>Sales of silver and gold were 57% and 35% higher, respectively, in  fourth quarter of 2010 compared to the third quarter as a result of  increased ore production and a decrease in products inventory.  Compared  to the same quarter last year, sales of silver and gold in the fourth  quarter of 2010 were 94% and 40% higher, respectively.  This was mainly  due to increases in mill throughput, metallurgical recoveries and head  grades.</p><p>This news release is submitted by James K. Duff, Chief Operating Officer of Minera Andes Inc.</p><p><strong>About Minera Andes</strong> Minera Andes is an exploration company  exploring for gold, silver and copper in Argentina with three  significant assets: A 49% interest in Minera Santa Cruz SA, owner of the  San José Mine in close proximity to Goldcorp Inc.&#8217;s Cerro Negro  project; 100% ownership of the Los Azules copper deposit with an  inferred mineral resource of 10.3 billion pounds of copper and an  indicated resource of 2.2 billion pounds of copper; and, 100% ownership  of a portfolio of exploration properties bordering Goldcorp Inc.&#8217;s Cerro  Negro project in Santa Cruz Province. The Corporation had $10 million  USD in cash as at September 30th 2010 with no bank debt.  Rob McEwen,  Chairman and CEO, owns 33% of the company.</p><p><strong>About Minera Santa Cruz</strong> Minera Santa Cruz SA is a joint venture  owned 51% by Hochschild Mining Argentina, a wholly owned subsidiary of  Hochschild Mining plc, and 49% by Minera Andes S.A., a wholly owned  subsidiary of the Corporation. The joint venture owns and operates the  San José property.</p><p><strong>About Hochschild Mining plc</strong> Hochschild Mining plc is a leading  precious metals company listed on the London Stock Exchange (HOCM.L /  HOC LN) with a primary focus on the exploration, mining, processing and  sale of silver and gold. Hochschild has over forty years of experience  in the mining of precious metal epithermal vein deposits and currently  operates four underground epithermal vein mines, three located in  southern Peru, one in southern Argentina and one open pit mine in  northern Mexico. Hochschild also has numerous long-term prospects  throughout the Americas.</p><p>For further information, please contact: Andrew Elinesky or visit our Web site: <a
href="http://www.minandes.com/">www.minandes.com</a>.</p><p>Andrew Elinesky<br
/> Controller<br
/> 99 George St. 3rd Floor,<br
/> Toronto, Ontario, Canada. M5A 2N4<br
/> Toll-Free: 1-866-441-0690<br
/> Tel:647-258-0395<br
/> Fax: 647-258-0408<br
/> E-mail: <a
href="mailto:info@minandes.com">info@minandes.com</a></p><p><em><strong>Reliability of Information</strong><br
/> Minera Santa Cruz S.A., the owner and operator of the San José mine, is  responsible for and has supplied to the Corporation all reported results  from the San José mine. This press release is based entirely on  information provided to Minera Andes by Minera Santa Cruz S.A. (&#8220;MSC&#8221;).  Minera Andes&#8217; joint venture partner, a subsidiary of Hochschild Mining  plc, and its affiliates other than MSC do not accept responsibility for  the use of project data or the adequacy or accuracy of this release. As  the Corporation is not the operator of the San José mine, there can be  no assurance that production information reported to the Corporation by  MSC is accurate, the Corporation has not independently verified such  information and readers are therefore cautioned regarding the extent to  which they should rely upon such information.</em></p><p><em><strong>Caution Concerning Forward-Looking Statements:</strong><br
/> This press release contains certain forward-looking statements and  information. The forward-looking statements and information express, as  at the date of this press release, the Corporation&#8217;s plans, estimates,  forecasts, projections, expectations or beliefs as to future events and  results, including the outcome of pending and current litigation.  Forward-looking statements are necessarily based upon a number of  estimates and assumptions that, while considered reasonable by us, are  inherently subject to significant business, economic and competitive  uncertainties and contingencies and there can be no assurance that such  statements will prove to be accurate. Therefore, actual results and  future events could differ materially from those anticipated in such  statements. Risks and uncertainties that could cause results or future  events to differ materially from current expectations expressed or  implied by the forward-looking statements include, but are not limited  to, factors associated with fluctuations in the market price of precious  metals, mining industry risks, risks associated with foreign  operations, the state of the capital markets, environmental risks and  hazards, uncertainty as to calculation of mineral resources and reserves  and other risks</em></p><p><em>Readers should not place undue reliance on forward-looking statements or  information. The Corporation undertakes no obligation to reissue or  update forward-looking statements or information as a result of new  information or events after the date hereof except as may be required by  law. See the Corporation&#8217;s annual information form for additional  information on risks, uncertainties and other factors relating to the  forward-looking statements and information. All forward-looking  statements and information made in this news release are qualified by  this cautionary statement.</em></p><p><a
title="Source: Company website" href="http://www.minandes.com/s/NewsReleases.asp?ReportID=438439&amp;_Type=News-Releases&amp;_Title=Minera-Andes-Announces-Increased-Silver-and-Gold-Production-for-the-Fourth-..." target="_blank">Source: Company website</a></p><div
style='clear:both'></div>]]></content:encoded> <wfw:commentRss>http://cashinfo.org/2011/01/minera-andes-announces-increased-silver-and-gold-production-for-the-fourth-quarter-and-for-the-year-2010-at-the-san-jose-mine/feed/</wfw:commentRss> <slash:comments></slash:comments> </item> <item><title>Positive Exploration Drilling Results Continue at Brigus Gold’s Black Fox Complex</title><link>http://cashinfo.org/2011/01/positive-exploration-drilling-results-continue-at-brigus-gold%e2%80%99s-black-fox-complex/</link> <comments>http://cashinfo.org/2011/01/positive-exploration-drilling-results-continue-at-brigus-gold%e2%80%99s-black-fox-complex/#comments</comments> <pubDate>Wed, 12 Jan 2011 23:52:53 +0000</pubDate> <dc:creator>Alexander Aardema</dc:creator> <category><![CDATA[Brigus Gold]]></category> <category><![CDATA[Gold & silver]]></category> <category><![CDATA[Mining News]]></category> <category><![CDATA[BRD]]></category> <category><![CDATA[Brigus]]></category> <category><![CDATA[gold]]></category> <category><![CDATA[invest]]></category> <category><![CDATA[stock pick]]></category><guid
isPermaLink="false">http://cashinfo.org/?p=766</guid> <description><![CDATA[Recently we bought shares of Brigus Gold (BRD) @ CA$1.88 today the stock closed @ CA$1.83 We think the stock has the potential of doubling its value within a year and we will continue to watch this company closely. Brigus Gold News Release: Halifax, Nova Scotia; January 12, 2011 – Brigus Gold Corp. (“Brigus” or [...]]]></description> <content:encoded><![CDATA[<div
id="in_post_ad_top_1" style="margin:5px;"><script type="text/javascript">google_ad_client = "pub-9475831589228347";
/* 468x15, gemaakt 7-10-09 */
google_ad_slot = "2862956313";
google_ad_width = 468;
google_ad_height = 15;</script> <script type="text/javascript"
src="http://pagead2.googlesyndication.com/pagead/show_ads.js"></script></div><p>Recently we bought shares of Brigus Gold (BRD) @ CA$1.88 today the stock closed @ CA$1.83 We think the stock has the potential of doubling its value within a year and we will continue to watch this company closely.</p><p><strong>Brigus Gold News Release:</strong></p><p><strong>Halifax, Nova Scotia; January 12, 2011 </strong>– Brigus Gold  Corp. (“Brigus” or the “Company”) (NYSE Amex: BRD; TSX: BRD) has  received all assay results from 14 drill holes and partial assay results  from an additional three drill holes as part of an  ongoing exploration  program at the Company’s 100% owned Black Fox Complex located in the  Timmins Mining District, Ontario. The current exploration program is  designed to expand the Black Fox Complex gold resource by systematically  drilling mineralized structures.</p><p>Highlights from recent assay results include (all uncut, average gold  grades with estimated true widths, unless otherwise noted):</p><p><strong>Contact Zone</strong></p><ul><li> <strong>GF10-106: </strong><ul><li> <strong>8.40 grams of gold per tonne (“gpt”) over 3.99 metres (“m”), and</strong></li><li> <strong>3.08 gpt over 4.23 m </strong></li></ul></li></ul><p
style="margin-left: 1in;"><ul><li> <strong>GF10-114: </strong><ul><li> <strong>12.10 gpt over 12.27 m </strong><ul><li> <strong>including 168.65 gpt over 0.81m</strong></li></ul></li></ul></li></ul><ul><li> <strong>GF10-125: </strong><ul><li> <strong>3.26 gpt over 15.21 m</strong><ul><li> <strong>including 5.28 gpt over 3.03 m </strong></li><li> <strong>including 7.19 gpt over 3.75 m </strong></li></ul></li></ul></li></ul><p><strong>New Discovery &#8211; Grey Fox South </strong></p><ul><li> <strong>GF10-115:</strong><ul><li> <strong>10.65 gpt over a core length of 6.0 m</strong><ul><li> <strong> including 23.32 gpt over a core length of 1.0 m </strong></li><li> <strong> including 16.12 gpt over a core length of 1.0 m</strong></li><li> <strong> including 18.84 gpt over a core length of 1.0 m</strong></li></ul></li></ul></li></ul><p>The exploration program is following up on historical data and drill  results while also testing new targets within the Black Fox Complex.   Three drill rigs are testing high potential gold targets at the Black  Fox Complex  including: the Contact Zone, the Historic Gibson Deposit,  the Gibson Shear, the School House Zone, the Hislop North Zone and the  new Grey Fox South target recently identified from the positive results  from drill  hole GF10-115. All targets are located within four  kilometres (“km”) of the Company’s operating Black Fox Mine, providing  the opportunity for Black Fox resource additions and rapid advancement.   In addition,  during the first quarter of 2011, Brigus will commence  drilling on the Black Fox Mill property, host to the past producing  Stock gold mine, located 31 km west of the Black Fox Mine.</p><p>Howard Bird, P. Geo., Vice President of Exploration for Brigus, said,  “The Black Fox Complex drill program continues to confirm continuity of  gold mineralization from multiple drill holes within the Contact Zone.   The discovery of high grade gold mineralization in the new Grey Fox  South target, from hole GF10-115 which returned 10.65 gpt over a core  length of 6.0 metres, is very encouraging and will be followed up with  additional drilling.”</p><p><strong><span
style="text-decoration: underline;">Contact Zone </span></strong></p><p>The Contact Zone consists of a steeply dipping mineralized fault  contact between the north-south trending metasediments and mafic  volcanic rocks, and two other parallel mineralized zones.  The Contact  Zone extends for at least 1,200 m and is open along strike and at  depth.  The general dip of the feature is 78 degrees to the east with  horizontal widths varying from 3.5 m to 35 m.</p><p>GF10-106displayed some visible gold and intersected 8.40 gpt gold over a  true width of 3.99 m at 160 vertical m from surface and 3.08 gpt of  gold over a true width of 4.23 m at 240 vertical m from surface.  The  results from GF10-106 have expanded the gold mineralization from the  assay results of GF09-45, drilled in 2009 on the same vertical section,  which returned 6.07 gpt gold over a true width of 2.95m at approximately  130 vertical m from surface.</p><p>GF10-114intersected 12.10 gpt gold over a true width of 12.27 m,  including 168.65 gpt gold over a true width of 0.81 m with visible gold  in the sample.  The positive gold intersection is significant as it is  located approximately 200 m along strike to the south from the main  Contact Zone area. There are 27 assay samples pending from GF10-114.</p><p>Hole GF10-125 displayed some visible gold and intercepted 3.26 gpt gold  over a true width of 15.21 m beginning at 85 vertical m from surface,  including 5.28 gpt gold over a true width of 3.03 m, and 7.19 gpt gold  over a true width of 3.75 m.   There are still 147 sample assays pending  from GF10-125.  Hole GF10-103, drilled on vertical section with  GF10-125, intersected 3.03 gpt gold over a true width of 2.83 m at 105  vertical m from surface, and 3.20 gpt gold over a true width of 2.37 m  at 225 vertical m from surface.</p><p>Assay results over 2.0 gpt gold are listed in a table in Appendix 1 of this news release posted on the Company’s website at <a
href="http://www.brigusgold.com/">www.brigusgold.com</a>.  An additional six drill holes have been completed on the Contact Zone and assays are pending.</p><p><strong><span
style="text-decoration: underline;">Exploration Outlook</span></strong></p><p>Commenting on the exploration potential at the Black Fox Complex, Mr.  Bird said, “Over the next two years, our exploration team will focus on  adding significant ounces to the gold mineral resources at the Black Fox  Complex.  In addition to surface drilling, we also plan to target  resource additions from underground drill stations at the Black Fox  Mine.  Underground drilling will initially target gold mineralization to  the southeast of the last underground drill station to follow up on  positive results from previous drilling in 2004 and 2005 where three  drill holes returned true width gold intersections of 31.16 gpt over  6.25 m, 7.48 gpt over 3.49 m and 12.65 gpt over 3.07 m.”</p><p>Surface drilling was conducted by Norex Drilling and was supervised by  the Black Fox exploration staff.  All 2010 sample analyses reported  herein were performed by Polymet Labs of Cobalt, Ontario, which is ISO  9001:2000 certified in North America using standard fire assay  procedures. Intercepts cited do not necessarily represent true widths,  unless otherwise noted. Brigus Gold’s quality control checks include  insertion of blanks and standards to ensure laboratory accuracy.</p><p>Senior Exploration Project Manager John A. Dixon, P. Geo., reviewed the  technical exploration information in this release as the Qualified  Person for the Company.<br
/> <strong><span
style="text-decoration: underline;">About Brigus Gold</span></strong></p><p>Brigus is a growing gold producer committed to maximizing shareholder  value through a strategy of efficient production, targeted exploration  and select acquisitions.  The company operates the wholly owned Black  Fox Mine and Mill in the Timmins Gold District of Ontario, Canada.  The  Black Fox Complex encompasses the Black Fox Mine and adjoining  properties in the Township of Black River-Matheson, Ontario, Canada.   Brigus is also advancing the Goldfields Project located near Uranium  City, Saskatchewan, Canada, which hosts the Box and Athona gold  deposits. In Mexico, Brigus Gold holds a 100 percent interest in the  Ixhuatan Project located in the state of Chiapas, and a 3% Net Smelter  Royalty in the Huizopa exploration project located in the State of  Chihuahua.  In the Dominican Republic, Brigus has a joint venture  covering three mineral exploration projects.</p><p><strong><em><span
style="text-decoration: underline;">Contact Information:</span></em></strong></p><p>Wendy Yang, Vice President of Investor Relations</p><p>Phone: 303-524-3203</p><p>E-mail: <a
href="mailto:ir@brigusgold.com">ir@brigusgold.com</a></p><p><strong>Cautionary Note to U.S. Investors Concerning Estimates of Mineral Resources </strong></p><p>This news release uses the term mineral “resources”.  The Company  advises U.S. investors that while these terms are defined in and  required by Canadian regulations, these terms are not defined terms  under the U.S. Securities and Exchange Commission (“SEC”) Industry Guide  7 and are generally not permitted to be used in reports and  registration statements filed with the SEC.  The SEC generally only  permits issuers to report mineralization that does not constitute SEC  Industry Guide 7 compliant “reserves” as in-place tonnage and grade  without reference to unit measures. U.S. investors are cautioned not to  assume that any part or all of mineral deposits in these categories will  ever be converted into reserves.</p><p><strong>Cautionary and Forward-Looking Statements</strong></p><p>This news release includes “Forward-Looking Statements” within the  meaning of section 21E of the United States Securities Exchange Act of  1934, as amended.  All statements regarding the Company&#8217;s ability to  successfully expand the Black Fox Complex gold resource, add to Black  Fox resources, advance new discoveries,  and continue to obtain positive  down dip continuity of significant gold mineralization are  forward-looking statements and estimates that involve various risks and  uncertainties.  There can be no assurance that such statements will  prove to be accurate and actual results and future events could differ  materially from those anticipated in such statements.  Important factors  that could cause actual results to differ materially from these  forward-looking statements include environmental risks and other factors  disclosed under the heading “Risk Factors” in Brigus Gold’s and its  predecessor companies’ most recent annual report on Form 10-K filed with  the United States Securities and Exchange Commission and elsewhere in  Brigus Gold’s documents filed from time to time with the Toronto Stock  Exchange, the NYSE Amex, the United States Securities and Exchange  Commission and other regulatory authorities.  All forward-looking  statements included in this news release are based on information  available to the Company on the date hereof.  The Company assumes no  obligation to update any forward-looking statements, except as required  by applicable securities laws.</p><p><a
title="Source: Company website" href="http://www.brigusgold.com/news-releases.asp?id=46" target="_blank">Source: Company website</a></p><div
style='clear:both'></div>]]></content:encoded> <wfw:commentRss>http://cashinfo.org/2011/01/positive-exploration-drilling-results-continue-at-brigus-gold%e2%80%99s-black-fox-complex/feed/</wfw:commentRss> <slash:comments></slash:comments> </item> </channel> </rss>
<!-- Served from: cashinfo.org @ 2012-02-05 17:58:46 by W3 Total Cache -->
