No such message found

Sponsored
Message: AGORACOM Small Cap TV - July 23rd - 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 July 23rd, 2012, and we’ve found 3 great press release 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.

QMX Gold Reports Results From the Birch Zone Including 5.35 g/t Au Over 6.4 Metres

QMX GOLD CORPORATION (TSX:QMX)(OTCQX:AXSMD)

is pleased to announce results from a 7,194 metre surface drill program on the Birch Zone at the Snow Lake Mine in Snow Lake, Manitoba. The Birch Zone is located 3 km by road from the Main Mine and Mill (see Figure 1) and lies on a mineral lease 100% owned by QMX Gold.

The Birch Zone is known to host NI 43-101 compliant Inferred Resources of 569,000 tonnes grading 4.42 g/t Au, representing approximately 81,000 ounces gold(i). These mineral resources are not included in the most recent Feasibility Study dated December 10, 2010 and are not currently included in the Development and Production plans for the Snow Lake Mine. A new Resource model and estimate is in preparation.

Highlighted Results include:

 
--3.30 g/t over 0.5 metres in Hole BIR11-05 
--5.35 g/t over 6.4 metres in Hole BIR11-08 
--4.89 g/t over 4.6 metres in Hole BIR11-18
 

About QMX Gold

QMX Gold Corporation is a Canadian publicly traded mining company focusing on mine development and exploration in Quebec and Manitoba. The Company is listed on the Toronto Stock Exchange ("TSX") and effective July 5, 2012, will trade under the symbol "QMX", and trades in the United States on the Over the Counter QX International ("OTCQX") platform under the symbol "AXSMD". QMX Gold continues to be a dynamic and aggressive mining company operating in Canada's richest mining regions: Val-d'Or, Quebec, and Snow Lake, Manitoba.

Last: 0.40Range: 0.60-0.025Market Cap: 11.9 million

Golden Dory Resources Receives Initial Iron Assays Confirming a New and Potentially Significant Discovery in the Labrador Trough

Golden Dory Resources Corp., TSX.V-GDR ("Golden Dory") and Metals Creek Resources Corp., TSX.V-MEK,

are pleased to provide preliminary assay results from the first two holes at the Gabbro Lake iron ore project in the Labrador Trough. Further assay results pending.

The five-hole, 1,188 metre program tested several features within the Anomaly D target in the southern portion of the property where all holes intersected massive to banded magnetite/hematite rich iron ore mineralization. Preliminary assays for the first two holes, GL12-01 and 02, some 1.2 kilometres apart, are tabulated as follows (reported thicknesses are core lengths, true thickness not known at this time):

 
 -----------------------------------------------------
 |Hole| |From (m)|To (m)|  Length (m)|Fe (%)|
 |---------------------------------------------------|
 |GL12-01 | |5.32|43.33 |38.01|33.64 |
 |---------------------------------------------------|
 |Dip -45o| and|54.00|61.66 |7.66|28.36 |
 |---------------------------------------------------|
 | | | | | | |
 |---------------------------------------------------|
 |GL12-02 | |61.50|143.00|81.50|28.27 |
 |---------------------------------------------------|
 |Dip -45 | incl.|109.00|143.00|34.00|34.23 |

About Golden Dory

Golden Dory Resources Corp. (TSX.V-GDR) has several mineral projects in its portfolio. Gold projects include the Huxter Lane-Brady Project in Newfoundland & Labrador, Canada; the Long Canyon (Pequop South) and Reef properties in Nevada, USA. The Company is also seeking partners on its earlier stage gold, uranium and high grade base metal properties in Newfoundland, and its lithium/rare metals projects in Ontario. In 2012, the Company is taking over as operator of the Gabbro Lake Joint Venture (up to 70% interest) in the iron-rich Labrador Trough.

Last: 0.075Range: 0.17-0.03Market Cap: 5.9 million

SilverCrest Announces Q2 Production 139,850 Ounces Silver & 8,584 Ounces Gold

SilverCrest Mines Inc. (TSX VENTURE:SVL)(OTCQX:STVZF)(PINKSHEETS:STVZF)

is pleased to announce production figures for the second quarter of 2012 from its 100% owned Santa Elena Mine located in Sonora, Mexico.

Second Quarter Production Highlights

 
--Silver produced oz: 139,850; 87% increase over Q2 2011 
--Gold produced oz: 8,584; 57% increase over Q2 2011 
--Ore Tonnes crushed: 317,958; 33% increase over Q2 2011 
--Silver oz to pad: 403,264; 14% increase over Q2 2011 
--Gold oz to pad; 13,764; 10% decrease over Q2 2011 
 

SilverCrest Mines Inc. (TSX VENTURE:SVL)(OTCQX:STVZF)

is a Mexican precious metals producer with headquarters based in Vancouver, BC. SilverCrest's flagship property is the 100%-owned Santa Elena Mine, which is located 150 km northeast of Hermosillo, near Banamichi in the State of Sonora, Mexico. The mine is a low cost, high-grade, epithermal gold and silver producer, with an estimated life of mine cash cost of US$8 per ounce of silver equivalent (55:1 Ag:Au). SilverCrest anticipates that the 2,500 tonnes per day facility should recover approximately 4,805,000 ounces of silver and 179,000 ounces of gold over the 6.5 year life of the open pit phase of the Santa Elena Mine. A three year expansion plan is underway to double metals production at the Santa Elena Mine and exploration programs are rapidly advancing the definition of a large polymetallic deposit at the La Joya property in Durango, Mexico.

Last: 1.84Range: 3.17-1.07Market Cap: 165 million

Share
New Message
Please login to post a reply