Sponsored
Message: AGORACOM Small Cap TV - January 20th - Highlights

Good morning to you all. Please find enclosed a summary of the breaking small-cap and micro-cap financial news we highlighted on AGORACOM Small Cap TV this morning. It’s January 20, 2011, and we’ve found 4 great press releases to report on at the open. Another great day for small-cap and micro-cap financial news. To watch the show live every morning at 9:30 AM, visit our front page.

Alix Announces Revised Resource Model & 43-101 Resource Estimate and Preliminary Plans for the 2011 Field Season on the Golden Zone Mine Property, Alaska

ALIX RESOURCES CORP. (TSX VENTURE:AIX)(FRANKFURT:37N)

announce the completion of a NI 43-101 report by Norwest Corporation (Norwest) on Alix' Golden Zone Gold-Silver-Copper Property in the Valdez Creek Mining District in south-central Alaska.

The revised estimated resource in the Golden Zone Breccia Pipe now indicates the deposit to contain, at a 1 g/T cut-off, 3,169,331 tonnes (3,486,250 tons) of measured and indicated material averaging 3.02 grams per ton and containing 279,166 ounces of gold, 1,523,657 ounces of silver and 3,233 tonnes (3,556 tons; 7,1220,00 lbs) of copper.

A 2005 NI 43-101 report, also by Norwest but done for Piper Capital, indicated a resource at a 0.03 opt (1.03 gm/T) gold cut-off of 3,088,000 tons of measured and indicated material containing an estimated 253,000 ounces of gold, 1,180,000 ounces of silver and over 6 million lbs of copper at an average grade of 2.81 gm/T Au (see Alix news, November 17, 2010).

About the company

Alix Resources is a junior exploration company actively seeking mineral opportunities for the benefit of all its stakeholders

Last Sale: 0.1752 Week Range: 0.01 - 0.30 Market Cap: 897.18K

Link to hub

Silver Quest Announces Updated NI 43-101 Resource Estimate for Capoose Project, BC

Silver Quest Resources (TSX VENTURE:SQI)

announce that GeoVector Management Inc. has prepared an updated National Instrument ("NI") 43-101 resource estimate for its 100% owned Capoose Deposit.

The updated resource estimate represents a significant increase from the 2010 resource estimate (SEDAR filed on April 16, 2010) with approximately 45% of the 2010 resource being upgraded to the Indicated resource category. The Capoose Project is located 185 km southwest of Prince George, British Columbia.

The 2011 updated mineral resource estimate is based on an additional 37 infill and step-out drill holes (10,600 metres) and more than 5,300 assay values collected from the 2010 drill Program. The resource estimate is categorized as Indicated and Inferred as defined by the CIM guidelines for resource reporting. Mineral resources do not demonstrate economic viability, and there is no certainty that these mineral resources will be converted into mineable reserves once economic considerations are applied.

The resource estimate at a gold equivalent ("AuEq") cut-off grade of 0.40 grams per tonne ("g/t") is 31.22 million tonnes grading 0.38 g/t gold and 26.5 g/t silver for 383,823 contained ounces of gold and 26,593,915 contained ounces of silver in an Indicated category and 37.23 million tonnes grading 0.37 g/t gold and 24.6 g/t silver for 443,206 contained ounces of gold and 29,517,933 contained ounces of silver in an Inferred category.

About the company

Silver Quest Resources Ltd. (TSX.V:SQI) is a mineral exploration company listed on the TSX Venture Exchange. With current projects located across Canada, and a portfolio of projects that range from early stage grassroots exploration to advanced-stage resource expansion, the Company is positioned to add shareholder value through systematic project advancement. At the same time, management continues to evaluate additional advanced-stage silver and gold projects for possible acquisition.

Last Sale: 0.6052 Week Range: 0.27 - 1.05 Market Cap: 50.19M

Link to website

Batero Gold Intersects 452 Metres Grading 0.60 g/t Gold and 0.12% Copper from Surface on Initial Step-Out Drilling

Batero Gold Corp. (TSX VENTURE:BAT)

announce that initial results from the first two holes of its Phase 1 drill program at the company's 100-per-cent-owned Batero-Quinchia Project in Risaralda Department, Colombia, have returned significant intervals of gold and copper mineralization.

Significant highlight results from drill holes 1 and 2 include:

  • Drill Hole 2: from 0 metres to end of drill hole at 550 metres grading 0.53 g/t Au and 0.10% Cu, including 0 metres to 452 metres grading 0.60 g/t Au and 0.12% Cu
  • Drill Hole 1: from 0 metres to 55 metres grading 0.67 g/t Au and 0.12% Cu

    *Interval lengths represent down hole distance and not true width.

About Batero Gold:

Batero Gold Corp. (TSX VENTURE:BAT) is a Vancouver-based precious and base metals exploration and development company focused in Colombia's emerging and prolific Mid-Cauca porphyry gold and copper belt. Batero is located within the Quinchia district and has 100% ownership in the Batero-Quinchia Project, comprising a 1407.43 hectare tenement.

Last Sale: 2.83 52 Week Range: 0.58 - 3.19 Market Cap: 85.80M

Link to website

LianDi Clean Technology Inc. Signs New Distribution Contract

LianDi Clean Technology Inc. (OTC Bulletin Board: LNDT), ("LianDi" or the "Company"), a provider of downstream flow equipment, engineering services, software, and clean technology to China's leading petroleum and petrochemical companies, today announced it has signed an agreement with Ruhrpumpen, a leading manufacturer of pumps located in Witten, Germany, to become a distributor of Ruhrpumpen's products in China. Ruhrpumpen, with manufacturing or sales offices in six countries located on four continents, is a leading manufacturer of pumps and pumping technologies for a variety of industries, including oil and gas.

About LianDi Clean Technology Inc.

LianDi was established in July 2004 to serve the largest Chinese petroleum and petrochemical companies. Through its four operating subsidiaries, Hua Shen Trading (International) Ltd., Petrochemical Engineering Ltd., Bright Flow Control Ltd. and Beijing JianXin Petrochemical Engineering Ltd., the Company distributes a wide range of customized valves and equipment and provides associated value-added technical and integration service. The Company also develops and markets proprietary optimization software for the polymerization process. In addition, LianDi is focused on the large, rapidly growing, clean technology market for oil refineries, projected to reach over $1 billion in the next 10 years.

Last Trade: 3.6452 Week: 6.99 – 2.65 Market Cap: 110 Million

Link to website

Share
New Message
Please login to post a reply