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Aug 21

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sila_logo_200x72 Gold American Mining Corp. (SILA.OB) is a publicly traded precious metals

exploration company focused on the aggressive, ongoing acquisition and exploration of holdings with rich gold and silver production potential.

Based in Reno, Nevada, SILA has developed a promising portfolio of international properties in regions marked by stable politics, sound economies and friendly business relations.

** (SILA.OB) Gold American Mining Corp. Signed an Option Agreement on High-Grade Silver-Gold Property in Sonora, Mexico

In addition, SILA recently reported it has signed an option agreement to acquire a 100% interest in the high-grade silver-gold La Escondida Project located in Sonora State, Mexico.

The La Escondida property is comprised of two mineral concessions that cover 439.8 acres approximately 124 miles northeast of the city of Hermosillo in Sonora State, Mexico.

The surrounding region has seen significant recent activity by foreign mining companies.

 

 

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Nineteen miles to the northeast of the property is NYSE-listed Yamana Gold Inc.’s Mercedes project, a development stage gold-silver project expected to start production at a rate of approximately 120,000 gold equivalent ounces per year from 2012.

Eighteen miles to the north of SILA’s La Escondida project is the Oroco Resources Corp.’s Cerro Prieto project, which recently reported 383,833 ounces gold and over 6 million ounces of silver reserves.

“The La Escondida project is a valuable addition to our growing project portfolio,” commented Johannes Petersen, President of Gold American. “It has an exciting potential to host a gold-silver deposit and the property’s infrastructure is excellent. A sampling program carried out at the end of 2009 showed that the property contains multiple targets with high-grade silver grades and good values of gold and lead. Several of the target zones remain open in at least one direction, and it has been determined that historic workings reached only the 30 meters depth level. These findings are significant in that there is the potential, with additional exploratory work, to show mineralization over much greater strike lengths and depths,” added Mr. Petersen.

For more information about this company please visit http://www.gold-american.com/

 

 

frg_logo_200x72 Fronteer Gold Inc. (AMEX:FRG) intend to become a significant gold producer.

FRG solid financial position and strong operational team give us the ability to advance our key gold projects through to production.

FRG future potential production platform includes our Long Canyon, Sandman and Northumberland projects - all located in Nevada, one of the friendliest gold-mining jurisdictions in the world.

**Drilling along northern extension intersects 44.2 metres of 10.14 g/t gold at Long Canyon, Nevada

FRG recently provided an update on exploration and development activities at its Long Canyon gold project, including the reporting of significant intervals of high-grade oxide gold intersected northeast and southwest of the current resource area.

Long Canyon, Sandman and Northumberland gold projects comprise Fronteer Gold’s development platform in Nevada.

Long Canyon’s 2010 program is multidisciplinary and focused on resource definition and expansion, as well as metallurgical, engineering, and environmental work necessary to advance the project toward production in the near-term.

For more information about this company please visit http://www.fronteergold.com

ngd_logo_200x72 New Gold, Inc. (AMEX:NGD) is an intermediate gold mining company with the Mesquite Mine in the United States, the Cerro San Pedro Mine in Mexico and Peak Gold Mines in Australia.

The company is expected to produce between 330,000 and 360,000 ounces of gold in 2010, growing to over 400,000 ounces in 2012.

In addition, New Gold has a strong portfolio of development and exploration assets in North and South America.

**New Gold Announces 2010 Second Quarter Results with an 82% Increase in Cash Flow from Operations to $38.8 million

NGD recently reported financial and operational results for the second quarter of 2010.

NGD had an excellent second quarter with gold sales of 82,402 ounces at a total cash cost(1) of $491 per ounce, net of by-product sales, resulting in earnings from mine operations of $35.9 million and cash flow from operations of $38.8 million.

NGD is also pleased to reiterate its 2010 full year guidance of 330,000 to 360,000 ounces of gold production at a total cash cost(1) of $445 to $465 per ounce sold, net of by-product sales.

For more information about this company please visit http://www.newgold.com

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Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. CRWESelect.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers.Our disclaimer( http://crweselect.com/disclaimer) is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold CRWESelect.com report and Crown Equity Holdings Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings Inc. (CRWE.OB) is a newswire as well as an IR and PR firm. Crown Equity Holdings Inc. (CRWE.OB), in some cases, provides media advertising and public awareness for both public and private companies, as well as disseminating news. As such, in some cases, when Crown Equity Holdings Inc. (CRWE.OB) advertises for a particular client, Crown Equity Holdings Inc. (CRWE.OB) charges an advertising fee which it must disclose under 17B. The fee may be in cash, in free trading stock or in restricted stock.Crown Equity Holdings Inc. (CRWE.OB), if paid in stock, can and may sell those securities during the advertising period. Crown Equity Holdings Inc. (CRWE.OB) has received twenty-five thousand dollars in cash from a third party (Winning Media) for (3) days of advertising for Gold American Mining Corp (SILA.OB)

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Aug 1

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nxg_logo_200x721 Northgate Minerals Corp. (AMEX: NXG) recently reported that Hole YD10-198, located west of the Young-Davidson orebody, intersected 3.46 grams per tonne (g/t) gold over 79.5 metres (m) (estimated true thickness is 53.5m).

Ken Stowe, President and Chief Executive Officer, remarked, “Hole 198 is the most exciting hole we have drilled on the Young-Davidson property since hole 1B in 2006 and is a clear indication of the tremendous upside potential that exists to expand the currently known 2.8 million ounce reserve base. Since the discovery of the original Young-Davidson mine in the early 1900s, it has been postulated that the prospective ore hosting rocks should continue to the west beneath a thick sequence of younger cover rock. Hole 198 is the first tangible evidence that this is, in fact, the case. While the thickness and grade of this mineralized interval in the hole are extremely exciting, the real significance is that we have resolved the apparent fault offset that previously limited the western edge of the Young-Davidson deposit. In addition, we have a geophysical signature that appears to trace the key stratigraphy below the younger cover rocks for several kilometres to the west.”

Last Trade: $2.96
Change: Up 0.05 (1.72%)
Day’s Range: 2.89 - 2.98

For more information about this company please visit http://www.northgateexploration.ca

 

 

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Gold American Mining Corp. (SILA.OB) recently entered into a $7.5 million equity financing agreement with a European institutional investment group that specializes in backing precious metals and mining ventures. SILA reported they received funds in the amount of $300,000 in virtue of this agreement and that SILA still has a balance of $7.2 million that SILA could call upon to fund their exploration and acquisition strategy. During 2010, SILA have received total equity subscription proceeds of $500,000.

The funding will be utilized by Gold American in its ongoing acquisition strategy and specifically in the further exploration and development of its existing Keeno Strike Property in Nevada, which could potentially contain ~1.1 million ounces of gold and ~69.0 million ounces of silver accessible via open-pit bulk handling methods, and its Guadalupe Property in Mexico, which is located approximately 5 miles north of the world’s richest underground silver mine, operated by the +$10 billion London Stock Exchange-traded company, Fresnillo plc.

Last Trade: $0.90
Change: Up 0.05 (5.88%)
Day’s Range: 0.81 - 0.98

For more information about this company please visit http://www.gold-american.com/

 

frg_logo_200x72 Fronteer Gold Inc (AMEX: FRG) recently reported that drilling to the northeast of the current resource area at Long Canyon continues to return broad intervals of high-grade oxide gold. The Nevada gold deposit is now 2.7-km long and remains open for expansion.

Last Trade: $6.00
Change: Up 0.04 (0.67%)
Day’s Range: 5.85 - 6.03

For more information about this company please visit http://www.fronteergold.com

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PLEASE BE SURE TO VISIT CRWESELECT.NING.COM

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!

Disclaimer: Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment (read more). Rule 17B of the Securities Act of 1933 requires disclosure of payment for investor relations. Crown Equity Holdings, Inc. (CRWE.OB) is a newswire as well as an IR and PR firm. Crown Equity Holdings, Inc. (CRWE.OB), in some cases, provides media advertising and public awareness for both public and private companies, as well as disseminating news. As such, in some cases, when Crown Equity Holdings, Inc. (CRWE.OB) advertises for a particular client, Crown Equity Holdings, Inc. (CRWE.OB) charges an advertising fee which it must disclose under 17B. The fee may be in cash, in free trading stock or in restricted stock. Crown Equity Holdings, Inc. (CRWE.OB), if paid in stock, can and may sell those securities during the advertising period.Crown Equity Holdings, Inc. (CRWE.OB) has received eight thousand dollars in cash from a third party (Winning Media) for (7) days of advertising for Gold American Mining Corp (SILA.OB)

The views expressed in any article, reports, writings are not necessarily the views of Crown Equity Holdings, Inc. its officers, directors, staff, contractors or employees. They do not represent the views or opinions of this site. Views expressed in articles are those of the author alone.

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Jul 30

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frg_logo_200x72 Fronteer Gold Inc (AMEX: FRG) recently reported that drilling to the northeast of the current resource area at Long Canyon continues to return broad intervals of high-grade oxide gold. The Nevada gold deposit is now 2.7-km long and remains open for expansion.

Last Trade: $6.00
Change: Up 0.04 (0.67%)
Day’s Range: 5.85 - 6.03

For more information about this company please visit http://www.fronteergold.com

 

 

sila_logo_200x72 Gold American Mining Corp. (SILA.OB) is a development stage company and is focusing on acquisitions of profitable mineral reserves and precious metal properties. Its Guadalupe property consists of highly regarded historical mines. These mines are located in Mexico’s oldest mining areas which are located around 5 miles of the Fresnillo Mine which is regarded as the world’s richest underground silver mine managed and operated by Fresnillo plc.

Furthermore, almost 6.8 miles to the southwest of the Guadalupe property is the world’s highest grade undeveloped silver reserve which is operated in a joint venture between MAG Silver Corp and Fresnillo plc.

SILA Guadalupe property consists of more than 20 operational and two historic mines by the name of Santa Rita and San Antonio which had produced to their optimum level between 1910 and 1920 and last produced in the 1980s.

The Company has initiated a comprehensive exploration program for its Guadalupe property including magnetic and induced polarization surveys. Finding better than expected results Gold American decided to increase the geophysics program to cover more areas of the property.

“During this new phase of exploration, we have been able to expand significantly our knowledge of the property and we are very excited about the progress. We still need to further review and analyze the data obtained to incorporate it into our geological model of the property and design the best drilling program to test it; the historical data acquired is consistent with the high-grade silver results found during our initial work program,” stated Johannes Petersen, President of Gold American.

Last Trade: $0.90
Change: Up 0.05 (5.88%)
Day’s Range: 0.81 - 0.98

For more information about this company please visit http://www.gold-american.com/

gg_logo_200x72 Goldcorp, Inc. (NYSE: GG) recenty agreed to support the proposed transaction whereby Thompson Creek Metals Inc. (“Thompson Creek”) will acquire all of the outstanding common and preferred shares of Terrane Metals Corp. (“Terrane”).

Goldcorp, Inc. controls 58% of the outstanding shares of Terrane through its ownership of 240 million preferred shares and 27.3 million common shares. In conjunction with the Thompson Creek acquisition of Terrane, Goldcorp has agreed to vote its securities in support of the Thompson Creek acquisition. Upon completion of the transaction,

GG will receive proceeds of C$240.5 million in cash and 13.9 million Thompson Creek common shares representing approximately 8% of the outstanding shares.

Last Trade: $39.14
Change: Up 0.38 (0.98%)
Day’s Range: 38.57 - 39.36

For more information about this company please visit http://www.goldcorp.com/

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PLEASE BE SURE TO VISIT CRWESELECT.NING.COM

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!

Disclaimer: Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment (read more). Rule 17B of the Securities Act of 1933 requires disclosure of payment for investor relations. Crown Equity Holdings, Inc. (CRWE.OB) is a newswire as well as an IR and PR firm. Crown Equity Holdings, Inc. (CRWE.OB), in some cases, provides media advertising and public awareness for both public and private companies, as well as disseminating news. As such, in some cases, when Crown Equity Holdings, Inc. (CRWE.OB) advertises for a particular client, Crown Equity Holdings, Inc. (CRWE.OB) charges an advertising fee which it must disclose under 17B. The fee may be in cash, in free trading stock or in restricted stock. Crown Equity Holdings, Inc. (CRWE.OB), if paid in stock, can and may sell those securities during the advertising period.Crown Equity Holdings, Inc. (CRWE.OB) has received eight thousand dollars in cash from a third party (Winning Media) for (7) days of advertising for Gold American Mining Corp (SILA.OB)

The views expressed in any article, reports, writings are not necessarily the views of Crown Equity Holdings, Inc. its officers, directors, staff, contractors or employees. They do not represent the views or opinions of this site. Views expressed in articles are those of the author alone.

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