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Hedging – What Is It, And Its Uses In Risk Management By : Dwayne Strocen Hedging, understanding the benefits of risk management in an enterprise wide solution. Risk management and hedging is a useful tool to reduce market place liability. Here are some tips on its uses. Market Risk – Not To Be Ignored or Overlooked By : Dwayne Strocen Understanding Market Risk and the solutions available to mitigate or eliminate financial loss in today's global market. The Role Of A CTA, Commodity Trading Advisor By : Dwayne Strocen Today's Commodity Trading Advisor is no longer to be thought of only as a Portfolio Manager. His role has expanded considerably as investment products become more complex. Commodities Futures Markets Roar as Never Before By : The commodities futures market has been described as continuous auction markets Bard Ventures’ Expanding Moly Universe By : Darryl Kelley Higher grades, longer intercepts, and further step-outs all add up to the inevitability of Bard Ventures’ (TSX.V:CBS), rather than the possibility, of a major molybdenum deposit. The Lone Pine project, located 15 kilometers outside of Houston British Columbia, is intersected by Highway 16 as well as a natural gas pipeline and major power transmission lines, making the property an extremely well serviced location for a mine. Kootenay Gold and the Promintorio Discovery By : James West Last week, Kootenay Gold (TSX.V:KTN) released the initial results from the Phase 2 drill program now underway at the company’s 100% owned Promintorio project. Newmac’s Crazy Fox Yielding High-grade Molybdenum Intercepts By : Eric Pratt Newmac Resources (TSX.V:NER) Crazy Fox project 100 km north of Kamloops in British Columbia’s Chilcotin region is turning in some good grades across long intersections. With two drills operating continuously, there will be many more to come throughout the 2008 exploration season. Vannessa gets green light on Crucitas By : Darryl Kelley After a long wait of over 5 years, Vannessa Ventures (TSX.V:VVV) has received final confirmation from the Costa Rican Mining Ministry (MINAE) authorizing the exploitation of the Crucitas project by Vannessa. This clears the way for construction to begin immediately. What The Price Of Gold Tells You By : Rea Lea Osaka The financial media, and even the network TV shows, have begun reporting the price of gold regularly. For almost twenty years, between 1980 and 2000, the gold price was almost never mentioned. There was little interest, and the price was either declining or remaining steady. Why You Should Buy Gold? By : Rea Lea Osaka The financial media, and even the network TV shows, have started reporting the price of gold regularly. For almost 20 years, between 1980 and 2000, the bullion price was never mentioned. There was almost no interest, and the price was either falling or stagnant. Little Squaw Progressing on All Fronts By : Darryl Kelley Little Squaw Gold Mining (OTCBB:LITS) is advancing its shareholders’ interests on four fronts, all of which are shaping up to be lucrative investments for the company. El Nino Resumes Drilling for High Grade Copper in DRC By : James West The rainy season is drawing to a close in the Democratic Republic of Congo (DRC), and that means its time to get the drills turning again on El Nino Ventures' (TSX.V:ELN) 350 square kilometer concession. Soltera Mining Acquires Three More Past-Producing Gold Prospects By : Eric Pratt Soltera Mining Corp. (OTCBB:SLTA) has been busy acquiring properties during the first quarter of 2008. Unstable markets have been unable to dampen the resolve with which management goes about building shareholder value. Goldcliff’s 15 Ounces Gold Per Tonne By : Eric Pratt Goldcliff Resources (TSX.V:GCN) assayed a trenching sample from its 100% owned Panorama Ridge project that returned a value of over 15 ounces per tonne of gold. Hedging Against Dollar Declines Through Gold By : Jet Lee The media, and even the network TV shows, have started reporting the price of gold regularly. For almost 20 years, between 1980 and 2000, the price of gold was rarely mentioned. There was little interest, and the price was either falling or stagnant. Tarsis Capital’s Wolf Project Commences Drilling By : Darryl Kelley Drilling is now underway at Tarsis Capital’s (TSX.V:TCC) Wolf project, a 6,000 hectare lead, zinc and silver project located 72 kilometres west of Watson Lake in the Yukon Territory, and 12 kilometres northeast of the Silvertip Deposit. Helio Resource Corp and the Lupa Goldfield By : James West Helio Resource Corp.’s (TSX.V:HRC) project generator model is starting to yield results, both in terms of attracting other juniors as joint venture partners, and on its own flagship SMP property in Tanzania. Colossus Minerals: A Colossal Opportunity By : James West Colossus Minerals (TSX.CSI) stunned the mining world last year with its successful acquisition of Serra Pelada, one the most dramatic and fought-for mines ever to emerge in Brazil. And with drills turning right now, there’s no better time to take a hard look at this newly listed company. Drilling in the Land of Giants By : Eric Pratt Over the next six months, investors in Canaco Resources (TSX.V:CAN) can expect to be bombarded with drill results from 4 different projects the company has underway in what will likely be the defining year of Canaco’s existence. 8 Kilos Silver per Tonne at Urique By : Darryl Kelley Yale Resources Ltd (YLL TSX.V) has recently announced the discovery of a new mineralized zone at their Urique Project, a 29,000 hectare property in Sierra Madre gold belt in Mexico. Bard Ventures Reports Another Big Hole By : Darryl Kelley In what is quickly becoming a habit with Bard Ventures (TSX.V:CBS), another great intercept from the drilling ongoing at the Lone Pine Molybdenum Project has returned 0.06% Molybdenum over 284 meters. Coins Minted In Gold, Silver And Platinum As Investments In Metal By : A Bohart Coin collecting goes back over many centuries. It is man's inborn nature to collect something. And coins are one of the most popular collectable objects. The collection of coins, whether by professionals or amateurs, is called Numismatics. This article is a list with the most popular coins made from precious metals. The US Silver Coin By : The US silver coin is widely sought after as an addition to a coin collection. The American Eagle is perhaps the most popular US silver coin, but there are many more kinds for you to collect and enjoy. High Price of Gold Makes Astral Mining a Safer, Stronger Bet By : Doug Hadfield Junior Resource companies closely aligned with the price of gold – such as Astral Mining (TSX.V:AST) – are basking in the glow of this new reality: A long-term gold price well above the previous long-term average of about $350 per ounce. Diversified Journey Resources Seeks Near Term Production By : Doug Hadfield Journey Resources (TSX.V: JNY) is one of those juniors that has an insurance policy against such unpredictability: The company is diversified in both commodity and locale. KFG Resources Prepares for Seismic to Redevelop Salt Dome By : Doug Hadfield In Mississippi, just a few kilometres from the town of Natchez, KFG Resources (TSX.V: KFG) is about to try something that CEO Bob Kadane believes will create significant value for his company’s shareholders. However you Compute it, Ascendant Copper is One Very Undervalued Company By : Doug Hadfield How do we determine the value of a mining company? The first thing to keep in mind is that all production is prospective, although it comprises the company’s primary source of value. In the case of Ascendant Copper (TSX:ACX), we have some near term revenue generating potential, and some longer-term prospects. Raytec Metals Options More Iron Ore in Ontario By : Doug Hadfield The junior exploration company Raytec Metals Corp. has turned its focus from uranium in the Athabasca Basin to iron ore in Ontario and South America. Bard Ventures 2007 Drilling Ends on a High Note, 2008 Drilling Continues By : James West Bard Ventures (TSX.V:CBS) recently completed two phases of drilling 23 on its Lone Pine Property near Houston in northwestern British Columbia. Soltera Mining Developing Historic Argentine Goldmine By : James West Soltera Mining (OTCBB:SLTA, Frankfurt: SN7) is developing a past producing mine with the potential to prove up a sizable deposit. Tribune Uranium Closes Financing, Opens a New Chapter at Reed Lake, Manitoba By : Christina de Wit Aesop, the ancient Greek fabulist, was known for his kernels of wisdom – usually aimed at children. He advised that “it is thrifty to prepare today for the wants of tomorrow,” and suggested that rewards come when you “put your shoulder to the wheel”. KFG Resources in Search of the Wilcox Formation’s Riches By : Doug Hadfield I spoke with Bob Kadane, the president of KFG Resources (TSX.V:KFG) about how oil prices have had an effect on one formation in particular – the Wilcox Oil and Gas Formation – and learned a lot about the true story behind petroleum exploration in the US that every investor should know. It’s a fascinating story. ValGold Adds Value for Investors in Fish Creek Venture By : Craig Thompson For ValGold, 2007 was a year of phenomenal growth in the potential for profit in the gold industry. New Year and Historical High for Oil Prices Primes Montello to Grow Exponentially Via the Drill Bit By : Doug Hadfield The year 2007 was certainly a year to be remembered by investors familiar with Montello Resources (TSX.V: MEO). The company and its JV partner Pennine Petroleum Corp. (TSX.V:PNN) have achieved success at their Pincher Creek operations in Alberta, with one new well completed and scheduled to soon become a producer. Harvest Gold's Rosebud Revival By : James West Nevada is the home of the new business model in gold mining: Find a past-producing mine where lots of known ore-grade material was left behind during the deflated gold price era in the later nineties, and put it back into production. It’s a straightforward approach (for mining) that has a well established track record. Harvest Gold (TSX.V:HVG) is planning just such a revival for the Rosebud Mine. Pennant Energy Boasts Proven Leadership, Strong Fundamentals By : Katherine Young With oil prices reaching heights like they did last week, hitting the $100/barrel mark for the first time in history, exploration juniors operating in Alberta like Pennant Energy (TSX.V: PEN) stand to capitalize from being in the right place at the right time. Kootenay Gold Hits a Home Run By : James West In one of the very few bright spots in TSX Venture share performance, Kootenay Gold (TSX.V:KTN) shares jumped 52% on December 10th after the company announced widespread high-grade mineralization from a drill program at their 100% controlled Promintorio Silver Project in northwestern Mexico. Investor Interest Climbs on Teryl Resources’ Gold Hill News By : Paul Wallis Teryl Resources Corp. (TRC.V: TSX) is a diversified explorer with interests in oil and gas as well as minerals. In a global mining bull market, companies, particularly on their lows, are often undervalued. The Teryl share price recently started acting like a seismograph in the first stages of registering a tremor on the TSX charts. PMI Gold Leads with High Grades and Profit Margins By : Katherine Young PMI Gold’s (TSX.V:PMV) President Doug MacQuarrie has had his eye on the Asankrangwa gold belt in Ghana, West Africa since 1994 when he co-commissioned the first modern, geophysical airborne survey flown over the belt. Uranium Boom Echoes in Atomic Minerals’ Colorado Exploration By : Katherine Young Buoyed by high uranium prices and price predictions, Atomic Minerals (TSX.V: ATL) is putting its experienced team together with geology in southwestern Colorado that is associated with some of the largest and most prolific uranium resources in US history. True North Gems’ ‘Big Red’ Greenland Ruby Occurrence Keeps on Getting Bigger By : Christina de Wit True North Gems is finding favour among investors with its focus on ruby and sapphire exploration and development in Greenland. The Biggest Risk In Mineral Exploration: Dilution By : A Bohart Equity issues invariably form an integral component of a corporation’s growth cycle. But they also result in dilution for existing shareholders, and too much dilution often turns a carefully crafted investment profile upside down. Teryl Resources Begins Drilling at Lavender Pit with Sample assays of 2.54% Cu By : Jabulani Leffall Teryl hopes to increase revenue and market capitalization for Teryl through further exploration. It helps that Teryl is now mining in a stretch of desert foothills that once yielded approximately $1 billion in copper. Universal Power Corp. sees Analogies in Key Uranium Regions By : Anne Fletcher With money jingling in its pocket, Universal Power Corp. (TSX.V:UNX, FSE:3U2A) is ready to start exploring both in Africa and also a world away in northern Canada. Bayfield Strikes Deal with Rainy River Next to Discovery Zone By : Mel Pistilli Earlier this week, Bayfield Ventures [TSXV:BYV] and Rainy River Resources [TSXV: RR] announced that they have entered into an option agreement on Bayfield’s Burns Block property, which easterly adjoins Rainy River’s 17/ODM gold zones. They Call it Mellow Yellow: Atomic Starts Drilling for Uranium in the Colorado Plateau By : Hsiao Lin Atomic Minerals’ (TSX.V: ATL) management is kicking off the drill program at its Summit Point and Box Canyon uranium projects along the Dolores Anticline in Colorado. 6550 ft Wilcox Formation Oil Test May Spell Success for KFG Resources By : Leia Michele Toovey KFG Resources (TSX.V: KFG) announced on Oct 26th that its subsidiary KFG Petroleum will participate in the drilling of 6,550 ft oil test in the Wilcox Formation in Adams County, Mississippi. If this well is successful, the company will retain a 15.375% working interest and an 11.5% net revenue interest in the well and surrounding acreage. Yale Confirms High-Grade Copper at La Verde Grande Mine By : Leonard M. Melman Yale’s program for 2007 has now defined skarn mineralization over a strike length of 250 meters - more than doubling the length upon which previous ore estimates were based - and their work has shown that mineralization is open in all directions. Golden Reign Explores Russia’s Wild, Wild Far East By : Andrew K. Burger Golden Reign Resources Ltd. (TSX.V:GRR) is looking to develop Magadan’s Butarni and Dorozhni gold properties in partnership with Status LLC, the mining arm of Moscow’s CentroCredit Joint Stock Commercial Bank. EcuaGold Looks to Future Success with Positive Sampling Results on Historic Producer By : Leia Michele Toovey Investors seeking a grassroots deal with plenty of upside will find EcuaGold refreshing. Companies like this bridge the gap between gambling and putting our money into lesser risk ventures with potential for very high returns. Due diligence tells us EcuaGold has a high stake in a land area of proven mineralization, is well-funded, and works in a “mining friendly” region. KFG Resources Prepares Seismic in the Hunt for 4 Million Barrels of Oil and Gas Equivalents By : Katherine Young With a $2.5 million financing in place, and permitting currently underway, KFG has contracted to begin a 3-D seismic survey on its Fayette Oil Field in the Mississippi Interior Salt Basin in February 2008. Silver Spruce Leads the Uranium Boom in Labrador By : Eric Pratt When it comes to uranium exploration in Labrador, few companies boast the scale and scope of Silver Spruce Resources’ (TSX.V: SSE) Central Mineral Belt project (CMB). Pennant Energy Goes for the Checkered Flag in Alberta’s Kaybob Oilfield By : Hsiao Lin Pennant Energy is ready to step into the limelight as it picks up speed with its latest ground acquisition within the prolific Kaybob oil and gas field in Alberta. The Kaybob is known as one of the largest producing oil and gas fields in North America. Ascendant Copper Gains US Edge in Undervalued Copper Market By : Katherine Young Long focused on copper in Ecuador, Ascendant Copper (TSX: ACX), announced on October 21 that it had signed a letter of intent to acquire all outstanding common shares in St. Genevieve Resources (CNQ: SGVL), another copper company with properties in Arizona. ValGold Resources has all Pistons Firing in South America, Canada By : Paul Wallis ValGold (TSX.V: VAL) is upbeat and enthusiastic about its new Venezuelan and Guyanan acquisitions. Astral Mining Expands Limits of Jumping Josephine Discovery with new Assays By : John Hurst After a summer of quiet trading and a gentle easing of its market capitalization, Astral Mining Corporation (TSX.V: AST) has had a jump-start in both its valuation and volume. The jump, not surprisingly was the result of strong results from Jumping Josephine. True North Gems: Uncovering the World’s Next Ruby Source By : Katherine Young True North Gems (TSX.V: TGX), being the only publicly traded company in North America and one of only a handful in the world trading in coloured gemstones, is finding some of the most precious gems in the world. As Bayfield Waits for Results, the Rainy River Analogy Improves By : R. Sato Bayfield is currently pursuing some promising new opportunities with strong indications of future gains in the highly stable political/geographical area of Northwestern Ontario known as Rainy River. Blue Sky Uranium Ahead of the Pack in Argentina By : Anne Fletcher Vancouver-based Blue Sky Uranium Corp. (TSX.V: BSK), barely out of the starting gate, makes no bones about its international ambitions. Kootenay Gold A-Team Confirms Mineralization at Promontorio By : Jon Shanahan Resourcex Investor is an internationally distributed newsletter about emerging junior resource companies. Sign up for a free 1-month trial to our newsletter and get instant access to news and investing tips that have helped many of our readers make more money. http://www.resourcex.com Mineral Exploration Companies take the Road of Bones to new Resources By : Andrew K. Burger A new generation of miners is making inroads in Russia’s Far East, including ambitious Canadian juniors such as Vancouver’s Golden Reign Resources Ltd. (TSX.V:GRR), which, through a joint venture with Status LLC, is now developing two gold properties in Magadan Oblast, and may acquire additional mining concessions in other provinces. PMI Gold Sees Shareholder Growth in Micro-mining By : Gregory Gethard PMI Gold Corporation (TSX.V: PMV) is betting that micro-mining, the practice of operating smaller, high margin gold mines, will help it grow over time into a significant producer. Case in point: the firm’s activity on Kubi, a property located in Ghana’s Golden Triangle. PMI Gold CEO and President Douglas MacQuarrie believes Kubi could yield significant amounts of gold without using an enormous amount of resources to do so. Universal Power Revs into Exploration in Tanzania By : Jon Shanahan With the spot price of uranium climbing through $93/lb (again), and a shortage of sulphuric acid in Kazakhstan – the chemical necessary for the leaching process that isolates U3O8 from ore – likely to compound demand, there is every indicator that uranium prices will climb sharply (again) in the coming months. And despite recent seismic shifts for gold and precious metals, most analysts project the bull markets for precious and base metals will continue to snowball. Drilling to Commence This Month at Teryl Resources’ Gold Hill By : Katherine Young When Teryl Resources (TSX.V: TRC) announced the initiation of drilling on its Gold Hill copper-gold-silver project located near Bisbee, Arizona, investors familiar with the area sat up in their chairs. Their interest was piqued, firstly, because Gold Hill is four miles from Phelps Dodge’s Copper Queen/Lavender Pit Mine, which produced in excess of 75 million tonnes of copper, silver and gold ore between 1954 and 1974. Tribune Uranium begins exploration on new acquisitions, restructuring non-core assets By : Paul Wallis Tribune Uranium Corp. (TSX.V: TCB) has been quick to start planning its 2008 exploration and drilling of its recent acquisitions of Quartz Claims in Manitoba’s Reed Lake Mining District, which it acquired as a 100% owned interest from W.S. Ferreira Ltd. in October this year. The company is currently planning a comprehensive program, including verification of historical drilling, and exploration of previously un-drilled EM conductor bodies. PMI Gold Gears for Gold Production in Ghana By : Anne Fletcher With the ink barely dry on its latest African acquisition, PMI Gold Corp. (TSX.V: PMV) is now looking for the big money that will get its gold properties into production. Atomic Minerals Drills for Uranium in Colorado, Looks to Acquire in Tanzania By : Andrew K. Burger It stands to reason that governments around the world are looking to expand their use of nuclear energy in coming years given the potentially catastrophic effects of climate change and the current international focus on reducing carbon dioxide greenhouse gas emissions. ValGold Nets a Rich New Prospect at Fish Creek in the Guiana Shield By : Christina de Wit ValGold Resources’ (TSX.V:VAL) latest news suggests that management has hooked a big one with its newest acquisition in Guyana. Goldcliff sees Growing Bulk Tonnage Opportunity at Panorama Ridge By : Katherine Young Although Goldcliff has thus far focused on reporting drilling results from a few high-grade zones on the property, according to Sanders, Panorama Ridge in fact has substantial bulk tonnage, open pit potential. In addition to the high-grade gold that Goldcliff is drilling, Sanders explains that in today’s gold market the low-grade material at Panorama is becoming economic, and in turn substantially increasing the potential size of the Panorama resource. Ascendant Copper Acquires St. Genevieve in its Bid for Diversification and Near-term Production By : Christina de Wit John Whittier Greenleaf, the American Quaker poet and abolitionist, was noted for saying, “I’ll lift you and you lift me, and we’ll both ascend together.” It looks as if Ascendant Copper (TSX:ACX) has taken some of his sage relationship advice as it ushers in a new phase of its ascendancy with its friendly takeover of St. Geneviève Resources (CNQ:SGVL) of Montréal. Tribune Follows the Yellow Brick Road as it Drills for Uranium in the Athabasca By : Sylvia Young No, we’re not in Kansas anymore, Toto, but we are at the scene of a whirlwind of activity along the southern margin of the Athabasca Basin, where Tribune Uranium Corp (TSX.V:TCB) has just begun drilling for uranium at its Botham Lake property. The company is working right next door to Cameco's recent Centennial Zone discovery, which reports 18.3% U3O8 over 5.3 meters. Worth its Salt: KFG Resources Expands its Oil Horizons in the Mississippi Interior Salt Basin By : Christina de Wit Voltaire, the great French Rationalist philosopher, described business as “the salt of life”. Perhaps he may have got it backwards – as far as KFG Resources’ (TSX.V:KFG) management is concerned, “salt is the life of business”. It intends to test this theory as the company prepares to launch a 3-D seismic survey in its quest for oil on its Fayette Field property in the Mississippi Interior Salt Basin. Linux Bats in the Major Leagues in Alaska’s Historic Gold Camps By : Hsiao Lin Linux Gold Corp. (OTCBB:LNXGF) has stepped up to the plate as it further expands its presence in Alaska’s historic gold camps. The company has recently acquired an option to purchase a 100% interest in 26 mining claims close to the historic Ester Dome mining camp near Fairbanks, Alaska for US$10.3 million in cash and shares over a two-year period. Pennant Energy Proves a Profitable Producer By : Marco A. Murillo Instead of running with risk in view of huge oil findings, the company maintains a conservative approach based on guaranteed opportunities and diversification on drill-ready or existing wells within Canada. James McDonald Secures Every Advantage for Kootenay Gold By : Katherine Young In a meritocracy, the pure, rich cream floats to the top. It’s where people are selected competitively according to merit, talent, motivation and effort, based on the idea that positions of responsibility and prestige should be earned. Kootenay Gold and its team are an example of just that. NioGold Breathes New Life Into Former Mines By : Peter Kent NioGold Mining (TSX.V:NOX) has just finished drilling over 10,000 metres of a planned 40,000 metre drill program on its wholly owned Marban Block property. This initial round of the program is investigating gold mineralization in the area immediately surrounding the past-producing Marban Mine. All of the holes indicated that the geologic features that helped establish the Marban Mine are also present in the ground around the mine. Commerce Resources Doubles its Pleasure as it Doubles the Size of its Blue River Project By : Christina de Wit Commerce Resources Corp. (TSX.V: CCE, FSE: D7H) has investors seeing double – in a good way. The company has just doubled the size of its Blue River property, located approximately 200km northeast of Kamloops, B.C., by staking an additional 95 claims for a total area of 104,700 acres to the south of the Bone Creek watershed. The total size of the property now exceeds 1,000 km2. Commerce Resources on track to become largest North American tantalum supplier By : Anne Fletcher Commerce Resources Corp. (TSXV: CCE; FSE: D7H), bolstered by its latest drill results, is on track to break ground on North America’s first stand alone tantalum/niobium mine within two years. La Verde Grande grows Grander for Yale Resources By : Anne Fletcher Yale Resources Ltd. (TSX.V: YLL), in an on-going sampling program at the La Verde Grande copper mine in north-western Mexico, has turned up skarn mineralization in an adit about 80 metres south of the main mine entrance. Bayfield Gets Set to Drill at the Edge of #17 in the Rainy River Gold Belt By : Christina de Wit All dreams, rumors, and other Fleetwood Mac references aside, Bayfield Ventures (TSX.V:BYV) really is at the “Edge of 17” as it gets set to drill its newly acquired parcel of land adjacent to Rainy River Resources’ (TSX.V:RR) #17 gold zone. Management has successfully negotiated a deal to tie up certain patent mineral rights totaling 80 acres (known as Parcel #15961) in the Richardson Township. Unbundling Of European Energy Markets? Not If The French And Germans Get Their Way By : A Bohart The Brussels Summit in June saw the new French President Nicolas Sarkozy succeeded in persuading the EU to drop its commitment to ‘free and undistorted competition’ from its reform treaty. Is it Bonanza Time for ValGold in Venezuela? By : Andrew K. Burger On Tuesday, Nov. 6 as ValGold Resources (TSX:VAL) announced that it had closed on its Honnold Corp. acquisition. As a result, ValGold now indirectly owns 21 exploration concessions covering approximately 900 square kilometers in Venezuela’s Bolivar state, considered one of the few remaining relatively unexplored and untapped regions of bonanza scale gold, precious, industrial and base metals prospects in the world. Astral Mining Adds Drill Targets at BC’s Jumping Josephine By : Andrew K. Burger Astral Mining on Oct. 18 released a report on the ongoing Phase II drilling program at its Jumping Josephine gold prospect in southern British Columbia. Astral’s on-site geotechnical team has sampled JJ Main Zone quartz stockwork over more than 540 meters of strike and down to a maximum depth of 152 m, diamond drilling a total length of some 3,333 m. Teryl Resources Turns Drills to Historic Gold Hill By : Jon Shanahan When Teryl Resources Corporation (TSXV: TRC, Pink Sheets: TRYLF) became interested in the Gold Hill Prospect near Bisbee, AZ, they were following a pretty strong lead. Phelps Dodge Corporation’s Lavender Pit mine, only 4 miles to the west of the project, is one of the most productive copper mines in history, producing over 75 million tons of copper ore from 1954-70, and in excess of $1B in copper, gold, and silver. Atomic Acquires Uranium Potential on Shores of Lake Nyasa, Tanzania By : Sylvia Young Atomic Minerals (TSX.V ATL) is applying some old real estate wisdom to its newest uranium acquisition in Tanzania: location, location, location – as well as a room with a view. This thinking nets the company over one million acres of prime ground in an area known for hosting sizeable uranium deposits. Grenville Gold Corp. Works all Angles at Silveria By : Katherine Young Grenville is progressing toward its eventual goal of production on Silveria. A partner providing a mill will be an important next step to secure cash flow from the project, however, even more important for the Grenville team at this point is to determine the value of the mineralized rock they send through the mill. PMI Gold Takes an Equilateral Approach to Production in Ghana’s Golden Triangle By : Sylvia Young PMI Gold (TSX.V:PMV) has closed its deal with Nevsun Resources (Barbados) to acquire the Kubi Gold project in Ghana’s Ashanti Gold Belt. This latest acquisition rounds out the company’s existing portfolio to four past-producing Ghanaian gold properties, giving PMI control of a total 698 sq km in the Golden Triangle. Pennant Energy Boasts Solid Performance, Considers New Prospects By : Robert Campbell Investors looking for Alberta energy stocks would do well to notice Pennant Energy Inc. [TSXV: PEN] a promising oil and gas firm that trades on the TSX Venture Exchange. This company enjoys good cash flow from 15- 45 % interest in eight oil wells in Manitoba’s Daly Field, producing medium grade crude from the Lodgepole and Bakken formations. Goldcliff Resources (TSX.V:GCN): Exploration on 3 Fronts By : James West Goldcliff Resources is making solid progress on exploration programs this year, and the company’s recent activity underscores that fact. Goldcliff is spending $1,550,000 in exploration on several of its 100-per-cent-owned properties in British Columbia, Canada. The exploration is being conducted on Panorama Ridge (gold), Ainsworth (silver and molybdenum) and Big Sheep Creek (uranium). The company has also identified new properties of merit for acquisition. ValGold’s Targets of Convenience Pay Off, Drilling Ongoing at Mochila By : Doug Hadfield When ValGold’s team of more than thirty exploration experts first hit the field in northern Venezuela a year ago, the company planned to prove up a reasonable sized resource just north of Crystallex’s Tomi Mine. Assay results from 2007, coupled with historical drill results from previous property owners, now suggest that ValGold has completed the first big step in achieving that goal. Teryl Resources Creates a Buzz Near Bisbee’s Copper Queen By : Christina de Wit Teryl Resources (TSX.V:TRC) is set to take flight as it moves into the next stage of an ambitious drilling program on its Gold Hill property near Bisbee, Arizona. The company has just signed a drilling contract for the project, with work to commence as soon as a drill becomes available. Universal Power Sparks Investor Interest with its Newest Uranium Acquisition in Tanzania By : Hsiao Lin Universal Power Corp. (TSX.V: UNX, FSE:3U2A) is beginning to catch fire in the minds of investors as it picks up speed with its latest acquisition in Tanzania’s Karoo super group – and prepares to release its 43-101 and the outline for the property’s drill program. Universal Power: Uranium Exploration With a Polymetallic Twist By : Eric Pratt A brand new entry in the global uranium exploration ring, Universal Power Corp. (TSX.V:UNX) began trading under its new name and symbol on October 2nd of this year. Universal’s unique mix of Uranium, Silver and Iron Oxide Copper Gold (“IOCG”) prospects gives investors a unique blend of exposure to upside across various in-demand commodities Linux Gold Corp (OTCBB:LNXGF) New Ester Lode Project By : Eric Pratt The reason for the excitement at Linux Gold is apparent. The Ester Lode property is in the middle of the Fairbanks Gold District, one of the more prolific gold areas in North America. Over 10 million ounces of gold have been recovered from placer mining alone since 1902. Golden Reign Resources Discovers Potential New Gold Zone in Russian River Bed By : John Hurst The vice-president of exploration for Golden Reign Resources Ltd. (TSX-V: GRR) was returning from a field visit to the company’s properties. At the Dorozhni property, which covers 8.8 square km, gold mineralization is thought to be the source of 150,000 ounces of historically mined placer gold. Gas Discovery in Alberta Drives Montello toward 12-Month High By : Myles Kirk With oil prices over $80 per barrel, storm activity in the Gulf of Mexico and a cold winter predicted ahead elsewhere, not to mention worldwide demand for crude oil poised to rise again during the fourth quarter of 2007, now is a great time to be an oil and gas junior. Rubies are Red: Results Indicate Success at True North Gems’ Greenland Project By : Christina de Wit Since historic times, the clarity and value of rubies have been praised in works of literature- from the Bible to the Metaphysical Poets. Now investors are discovering a modern-day version of these same qualities as True North Gems (TSX.V:TGX) enters a new chapter in the saga of its Fiskenaesset Ruby Project in Greenland. Kootenay Gold (TSXV: KTN) Keeps the Drills (and Heads) Turning By : Doug Hadfield This year, the summer doldrums in the resource sector were anything but dull for the boys at Kootenay Gold (TSXV: KTN). With drills turning at Jumping Josephine (BC), Promontorio (Mexico) and Connor Creek (BC), autumn is proving to be a harvest season of results and new announcements by the company and its various JV partners. Two New Properties in Premier Russian Gold Region Make Golden Reign a Great Deal By : Doug Hadfield To look at Golden Reign’s (TSXV: GRR) stock chart, the company looks like either a bargain or a wash out: It was trading at $0.40 at the end of 2006. Since that time, shares in GRR have taken a hammering down to $0.15 per share. To me, this usually indicates a company mismanaged, but occasionally it indicates something much juicier – an overlooked, value-priced junior. Bayfield Ventures (TSXV: BYV) Upbeat on Rainy River Project By : Doug Hadfield A major gold discovery zone brought Rainy River to the forefront of the junior exploration scene last January, when step-out drilling from an area with no previous drilling assayed 5.42 grams per tonne gold over 43 metres with a core interval of 17.67 g/t Au over 9.5 metres. When Rainy River announced the results in November last year, the company’s stock rocked from $2.87 to $4.85 in less than a week.
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