Message: AGORACOM Small Cap TV - April 17th - 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 April 17th, 2012, and we’ve found 6 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 ... or click on the image below.
Argonaut Gold Announces Q1 Gold Production of 21,084 Ounces
announced today that the Company produced 21,084 gold ounces during the 1st quarter of 2012 (ended March 31, 2012) at its 100% owned El Castillo Mine ("El Castillo" which is located 100 km north of the city of Durango, Mexico) and 100% owned La Colorada Mine ("La Colorada" which is located 50 kilometers southeast of Hermosillo, Mexico).
FIRST QUARTER 2012 HIGHLIGHTS:
El Castillo Operations
--Contractor mining fleet increased to 18 trucks (100 tonne capacity)
--Achieved approximately 2.0 million total tonnes mined per month.
--Leach pad 7A west side pad construction initiated.
--35,283 gold ounces loaded on the pad.
--Gold production of 17,799 ounces.
La Colorada Operations
--Production initiated at La Colorada.
--8,886 gold ounces loaded on the pad; 857,795 silver ounces loaded on the
pad.
--Gold production loaded on carbon of 3,085 gold ounces and 17,182 silver
ounces.
About Argonaut Gold
Argonaut is a Canadian gold company engaged in exploration, mine development and production activities. Its primary assets are the production-stage El Castillo Mine in the State of Durango, Mexico, the La Colorada Mine in the State of Sonora, Mexico, the advanced exploration stage San Antonio project in the State of Baja California Sur, Mexico, and several exploration stage projects, all of which are located in Mexico.
Last: 8.00Range: 10.20-4.51Market Cap: 739 million
Hana Mining Continues to Hit High-Grade Copper-Silver Mineralization at the South Limb Area
Hana Mining Ltd. (TSX VENTURE:HMG)(FRANKFURT:4LH)
is pleased to announce its most recent drilling results from the completion of nine infill diamond drill holes in the Banana Zone at its Ghanzi sediment hosted Copper-Silver Project in Botswana.
Infill and down dip drilling was carried out on the South Limb Definition Area (between sections 64650 to 65525; Figures 1 and 2) to convert a substantial amount of the NI 43- 101 compliant resources within this area into the Indicated category from the Inferred category and to extend current Indicated resources down dip.
These results are from new holes and are in addition to those used in the most recent NI 43-101 compliant Inferred mineral resource calculation (see Table 1 at the end of this press release for the results from all 12 drill holes). The mineralization remains open at depth.
Highlights of recent drilling results:
--The latest results continue to confirm the continuity of copper-
silver mineralization at the South Limb Definition area of the
Banana Zone.
--Core lengths intercepts of
--2.13% CuEq(1) (1.81% Cu and 22.0 g/t Ag) over 2.6 metres within
a wider mineralized interval of 1.10% CuEq(1) (0.95% Cu and 11.0
g/t Ag) over 6.2 metres in hole HA-451-D;
--1.48% CuEq(1) (1.27% Cu and 14.0 g/t Ag) over 5.6 metres within
a wider mineralized interval of 1.34% CuEq(1) (1.15% Cu and 13.0
g/t Ag) over 6.5 metres in hole HA-454-D;
--1.98% CuEq(1) (1.65% Cu and 23.0 g/t Ag) over 4.5 metres in hole
HA-449-D;
--1.66% CuEq(1) (1.38% Cu and 19.0 g/t Ag) over 5.7 metres in hole
HA-450-D.
About the company
Hana Mining Ltd., is an emerging international exploration and development company based in Vancouver, British Columbia. With an experienced and technical management team, the Company is developing the highly prospective Ghanzi Copper-Silver Project in Botswana, Africa. Hana Mining has agreed to acquire a 100% controlling interest in the Ghanzi Project (subject to TSX Venture Exchange approval).
Last: 1.65Range: 3.50-0.90Market Cap: 164 million
Continental Nickel Files NI 43-101 Technical Report Supporting Mineral Resource Estimate at Ntaka Hill Project, Tanzania
Continental Nickel Limited (TSX VENTURE:CNI)
is pleased to advise that the Technical Report, in accordance with Canadian National Instrument 43-101, supporting the recently released Mineral Resource Estimate (Press Release March 2, 2012) for the Ntaka Hill project has been filed with SEDAR. The project is part of the 75:25 joint venture between CNI and IMX Resources Limited of Australia covering the Nachingwea project.
Detailed results of the updated mineral resource estimate are presented in Table 1.
|
Table 1 -Mineral Resources for Ntaka Hill Project at Various Cut-Off Grades |
|||||
|
Category |
Tonnes(000's) |
% Ni |
% Cu |
% Co |
Contained Ni |
|
Cut-Off: 0.15% Ni |
|||||
|
Measured |
1,662,000 |
1.71 |
0.29 |
0.05 |
28,400 |
|
Indicated |
11,147,000 |
1.13 |
0.25 |
0.03 |
126,300 |
|
M+I |
12,809,000 |
1.21 |
0.25 |
0.03 |
154,700 |
|
Inferred |
58,846,000 |
0.27 |
0.06 |
0.01 |
159,400 |
|
Cut-Off: 0.20% Ni |
|||||
|
Measured |
1,662,000 |
1.71 |
0.29 |
0.05 |
28,400 |
|
Indicated |
11,125,000 |
1.14 |
0.25 |
0.03 |
126,300 |
|
M+I |
12,786,000 |
1.21 |
0.25 |
0.03 |
154,700 |
|
Inferred |
45,037,000 |
0.30 |
0.07 |
0.01 |
135,000 |
|
Cut-Off: 0.25% Ni |
|||||
|
Measured |
1,659,000 |
1.71 |
0.29 |
0.05 |
28,400 |
|
Indicated |
11,105,000 |
1.14 |
0.25 |
0.03 |
126,200 |
|
M+I |
12,764,000 |
1.21 |
0.25 |
0.03 |
154,600 |
|
Inferred |
28,481,000 |
0.34 |
0.08 |
0.01 |
97,700 |
About Continental Nickel Limited Continental Nickel Limited is focused on the exploration, discovery and development of nickel sulphide deposits in geologically prospective, but under‐explored regions globally. The Company's key asset is its 75% interest in the Nachingwea project in Tanzania which includes Ntaka Hill. The Company also has an option to joint venture on the St. Stephen project in New Brunswick, Canada where the 2010 and 2011 diamond drill programs discovered new Ni‐Cu sulphide zones.
Last: 0.80Range: 1.96-0.71Market Cap; 34 million
El Niño Ventures Inc. Announces SEDAR Filing of NI 43-101 Mineral Resource Estimate for the Murray Brook Zn-Cu-Pb-Ag-Au Deposit, Bathurst Mining Camp, NB
El Niño Ventures Inc. (TSXV: ELN) (OTCQX: ELNOF) (Frankfurt: E7Q)
is pleased to announce the filing on Sedar of an NI43‐101 Technical Report (the Report), including a new Mineral Resource Estimate for the Murray Brook polymetallic massive sulfide deposit in the Bathurst Mining camp, New Brunswick, Canada.
-
Measured and Indicated Resources
- 18,684,000 tonnes grading 2.61% zinc, 0.95% lead, 0.42% copper, 39.3 gpt silver and 0.51 gpt gold at a $20 per tonne NSR*cut-off
-
Inferred Resources
- 3,021,000 tonnes grading 1.83% zinc, 0.75 % lead, 0.62% copper , 35.0 gpt silver and 0.75 gpt gold at a $20 per tonne NSR cut-off
- The Murray Brook deposit remains open to the northwest and there is potential to increase the size of the resource with continued drilling
- The Company currently has three drill rigs operating on the property with the objective of upgrading the inferred and indicated resources to measured resources
- 30 holes have been successfully completed to date for a total of 5,000 metres
*NSR: Net Smelter Return
About El Niño Ventures Inc.
El Niño Ventures Inc. is an international exploration company, focused on exploring for lead, zinc, copper, gold and silver in New Brunswick, Canada and copper in the Democratic Republic of Congo ("DRC").
Last: 0.105Range: 0.38-0.088Market Cap: 6 million
ThermoEnergy Corporation Announces 94% Revenue Increase for 2011
ThermoEnergy Corporation (OTCBB: TMEN), a diversified technologies company engaged in the development and sale of disruptive wastewater treatment and power generation technologies in global markets, today announced revenue increased 94% to $5.6 million for the fiscal year ended December 31, 2011. Gross profit increased to $404,000 from $75,000 in 2010.
Operational and Financial Highlights:
-
Full year revenues increased to $5.6M compared to $2.8M in 2010.
-
Gross profit for 2011 fiscal year increased 439% to $404,000.
-
Commissioned a $4M fresh water system in Africa.
-
Added seasoned industry veteran as our VP of Sales and Marketing, Alden Whitney.
-
Expanded our facility for anticipated growth.
-
Recently launched Unity Power Alliance, the company's vehicle to develop and commercialize its emissions-free, clean-combustion technologies.
-
Unity Power will seek the involvement of other major firms and organizations with an interest in promoting the technology.
-
-
Developing a pilot project for treating and reusing fracking water which management believes may result in a multiple system sale.
-
Signed a term sheet to deliver solutions to wastewater and effluent emission problems in South America.
Founded in 1988, ThermoEnergy is a diversified technologies company engaged in the worldwide development, sales and commercialization of patented and/or proprietary municipal and industrial wastewater treatment and power generation technologies. Additional information on the Company and its technologies can be found on its website at www.thermoenergy.com.
Last Trade: 0.175 52 Week: 0.30 – 0.11 Market Cap: 10.06 Millillion
Brigus Gold Reports 5.95 Grams Per Tonne Gold over 56.7 Metres from the 147 Zone on the Black Fox Complex
Brigus Gold Corp. (“Brigus” or the “Company”) (NYSE Amex: BRD; TSX: BRD) is pleased to announce that exploration drilling on the southern portion of the Black Fox Complex continues to return high-grade gold assays from the 147 Zone.
The following table includes highlights from the drill holes reported today from the 147 Zone (all uncut, average gold grades over core length widths):
|
Hole Number |
From (m) |
To (m) |
Core Width (m) |
Gold Assay grams/tonne |
||||||||
|
GF11-286 |
61.60 |
64.60 |
3.00 |
8.92 |
||||||||
|
including |
63.60 |
64.60 |
1.00 |
25.10 |
||||||||
|
GF11-348 |
256.00 |
263.00 |
7.00 |
3.92 |
||||||||
|
including |
259.00 |
262.00 |
3.00 |
7.81 |
||||||||
|
310.25 |
313.00 |
2.75 |
15.98 |
|||||||||
|
including |
311.25 |
312.10 |
0.85 |
43.71 |
||||||||
|
GF12-412 |
52.00 |
66.00 |
14.00 |
1.58 |
||||||||
|
93.00 |
103.00 |
10.00 |
27.78 |
|||||||||
|
including |
95.00 |
101.00 |
6.00 |
45.17 |
||||||||
|
GF12-415 |
47.00 |
103.70 |
56.70 |
5.95 |
||||||||
|
including |
74.00 |
92.00 |
18.00 |
7.97 |
||||||||
|
and |
97.00 |
100.00 |
3.00 |
38.10 |
To date, the Company has systematically explored 25 percent of the property and significant upside potential remains on the rest of the property. The Black Fox Complex covers an area of approximately 18 square kilometres within the Timmins Mining District, Ontario. The core area of the 147 Zone extends for approximately 250 m in a north-south direction dipping at approximately 80 degrees to the east. Gold mineralization primarily occurs within multiple quartz carbonate brecciated zones within bleached units of variolitic mafic volcanics and other parallel footwall zones.
About Brigus Gold
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 has granted Cangold Limited the option to acquire a 75% interest in the Company’s Ixhuatan Project located in the state of Chiapas. In the Dominican Republic, Brigus has signed an agreement to sell its remaining interests in three mineral exploration projects.
Last Trade: 0.8275 52 Week: 1.99 – 0.69 Market Cap: 179.82 Million
New Message
Please
login
to post a reply