Wednesday 28 December 2011

Polo Resources LSE: PRL. Expand Investment Policy

Polo Resources LSE (PRL) the London and Toronto listed natural resources investment and development company, announce today that they have widened their spectrum of investment interests that could now see Polo investing in production, processing and infrastructure support services associated with the market the board has a tremendous experience in, namely mining, oil and gas. Polo's track record to date would suggest them moving into some large scale investments in this sector and could probably mean the company would look towards taking stakes in smelters, mills, refineries, port or rail infrastructure and a variety of other support services such as drilling companies.


Co-Chairman of Polo, Neil Herbert said,
"The expansion of our investing policy is designed to enable Polo to deliver more diversified earning potential to shareholders from a broader spectrum of revenue generating businesses with exposure to the natural resources arena.
Using its extensive knowledge and experience in the natural resources sector the Board has identified significant growth potential across the support, production and infrastructure value chains within mining and oil and gas. Continued investment in commodity exploration, development and production by large multi-national and mid-tier companies continues to drive earnings, investment and development opportunities.”

URU Metals. LSE: URU Positive Outlook Heading Into 2012

For immediate release
28 December 2011

URU Metals Limited
("URU" or the "Company")

Unaudited Condensed Consolidated Interim Financial Statements
For the six months ended 30 September 2011 available at www.urumetals.com

CHAIRMAN'S STATEMENT

I am delighted to present to our shareholders and stakeholders, the interim report and accounts of the Group for the six months ended 30 September 2011 (the "Period").

Whilst in the prior year the Group distributed shares in Kalahari Minerals, by way of a dividend in specie, this period, we have added to the underlying value of your Group by investing in projects with the potential to host world-class nickel and uranium deposits.

HIGLIGHTS
The highlights of our progress during the six months ended 30 September 2011, and to the date of this report, can be summarised as follows:

NIGER - URANIUM EXPLORATION
The drilling and exploration programme at our In Gall and Irhazer licensed areas continued into the start of the rainy season in June and then re-commenced on 18 November 2011. Whilst we look forward to receiving positive results from these operations, the Group continues to evaluate the security risks within that country and remains ever mindful of the safety of our employees and contractors whilst in the field.

SOUTHERN AFRICA - NICKEL EXPLORATION JOINT VENTURE
Last year the announcement of the Group's diversification into a nickel joint venture signalled our intention to diversify our exploration efforts into metals and minerals outside uranium. In January 2011 the joint venture announced the acquisition of a further target area of which we hope to shortly announce further positive results. To date, we have spent almost all the required funding to meet our obligations under the joint venture and look forward to these projects delivering further value to shareholders during 2012.

MANAGEMENT AND BOARD
As announced, the Group's Finance Director and Company Secretary Mr. Gordon Cassidy passed away suddenly on 14 September 2011. The Board was deeply saddened by the news, as Gordon had made a substantial contribution to the development of the Group almost from its inception and he will be missed by the URU Metals team. Mr. Russel Swarts who has been with the Group from June 2008 has been appointed as chief financial officer.

OUTLOOK
Since incorporation, the Company has sought to widen its strategy in the field of metals exploration and development and continues to seek to develop a diverse portfolio of exploration and development projects either organically or through acquisition.

The Company intends to advance its projects in Niger, particularly our In Gall and Irhazer projects, where the investment climate in uranium remains positive.

During the period the spot price of uranium continues to vacillate and is currently around the US$50/lb level.

The nickel joint venture is progressing well and we look forward to positive results from our metallurgical and geophysical testing.

At the reporting date, the Group had cash resources of US$ 5.251 million and no borrowings.

Whilst at the end of April 2011, the share price almost reached 16p, in line with the global pessimism it has decreased to trade around the 6.5p level.
We continue to believe that the fundamentals of the uranium and base minerals industries remain positive and the Board is satisfied with the progress made by the Group and remains confident about the opportunities for its future development.

Tuesday 27 December 2011

Brazilian Gold Corp TSX:V BGC Set To Enter Mine Development Preparations in 2012

Brazilian Gold Corporation TSX:V. (BGC) the fast track developer of the large scale open pit low risk Sao Jorge gold project is set to move towards the mine development stage in 2012 and with a positive PEA and JORC compliant resource estimate already under its belt BGC has been significantly overlooked by institutional investors

Friday 23 December 2011

URU Metals, Bullish About Nickel in 2012

URU Metals, (URU: LSE) the London listed uranium and nickel play, who have a 45% stake in the potential world class SAN Nickel project in South Africa, are bullish about the nickel price going into 2012. Analysts are predicting a boost for the nickel price over the next three years, suggesting in 2012 the price will hover at $22,937 per tonne, rising to $23,380 in 2013 and reach upwards of $24,000 in 2014.

Delays in new supply from riskier laterite recovery methods plus a reduction in nickel stockpiles are adding to upward price pressures. The SAN Nickel JV with URU is currently undertaking both drilling and metallurgical test work in preparation for a PEA and potential listing of SAN in 2012

Wednesday 21 December 2011

BGC TSX:V Brazilian Gold Rapidly Advancing Sao Jorge

Brazilian Gold Intersects Gold Mineralization in 10 Holes Including 54 m Grading 1.24 g/t Gold at the São Jorge Project, Tapajós Region, Brazil

Release No. 25/11
Vancouver, BC, December 19, 2011

Brazilian Gold Corporation (TSXV: BGC) is pleased to report assay results for an additional 10 holes from the 2011 drill program on the São Jorge project in the Tapajós region of northern Brazil. The drill program (37 holes in 14,418 m) was completed the second week of December. Assay results from the first 13 holes were previously reported on January 18th, June 30th and October 24th 2011; assay results from final 13 holes are pending. Results from this drill program along with historic drill holes (108 holes in 22,446 m) will be used in an updated NI43-101 resource estimate.

Tuesday 20 December 2011

Brazilian Gold Corp BGC TSX:V overlooked by investors


Brazilian Gold Corporation BGC-TSX-V)
The latest drill results from their São Jorge gold project in the Tapajós region of Brazil are positive and with the company being one of the only near term gold exploration and development companies in Northern Brazil with access to power and with paved highway access, BGC has available infrastructure and human capital access to enter the mine development stage. These recent drill results revealed

4 metres (m) from 42m grading 1.77 grammes per tonne (g/t) gold and 4 m from 106 m @ 4.37 g/t is OK.

The current drill programme continues to intersect wide zones of alteration and gold mineralisation down dip and along strike of historic drilling. In particular a potential 1.5 kilometre strike extension is mooted from a recently discovered Induced Polarisation anomaly.Should this be confirmed through further drilling , the new strike will add significantly to the resource estimate.

An updated National Instrument 43-101 resource is expected in by Q2 2012. With a market capitalisation of C$33.0m and the company trading at a 52 week low (0.33c$), plus other risk mitigating advantages such as low cost ( cash production cost well below 800$ per ounce )open pit operational profile, planned for mine development and with a very strong and experienced board to take the company into production,
BGC is one of the few exploration plays that with its strong cash position is well equipped to be one of the few gold exploration plays in Brazil capable of entering production in the near term.

Monday 19 December 2011

Brazilian Gold intersect further gold mineralization

Brazilian Gold Corporation (TSXV: BGC) is pleased to report assay results for an additional 10 holes from the 2011 drill program on the São Jorge project in the Tapajós region of northern Brazil. The drill program (37 holes in 14,418 m) was completed the second week of December. Assay results from the first 13 holes were previously reported on January 18th, June 30th and October 24th 2011; assay results from final 13 holes are pending. Results from this drill program along with historic drill holes (108 holes in 22,446 m) will be used in an updated NI43-101 resource estimate.

Highlights

* Significant gold intersections include:
• SJD-096-11: 1.77 g/t over 4 m (42 to 46 m) and 4.37 g/t over 4 m (106 to 110 m);
• SJD-097-11: 1.24 g/t over 54 m (187 to 241 m);
• SJD-101-11: 1.79 g/t over 16 m (38 to 54 m) and 1.84 g/t over 8 m (74 to 82 m);
• SJD-102-11: 1.21 g/t over 14 m (130 to 144 m);
• SJD-103-11: 2.28 g/t over 11 m (130 to 144 m).

* Drill program continues to intersect wide zones of alteration and gold mineralization down dip and along strike of historic drilling.

* An induced polarization (IP) resistivity high with or without a coincident chargeability high is identified along strike of the Sao Jorge deposit to the southeast for 1.5 km suggesting potential to identify additional gold mineralization.

Ian Stalker, CEO of Brazilian Gold commented "As the year has progressed, so has the intensity of our work program in order to complete an updated NI43-101 compliant resource for our São Jorge project early in 2012. This latest set of results coming from the eastern part of the ore body continues to confirm additional intersections at similar thickness and grade as the previously reported resource (Coffey Mining, June 27 2011).

This volume of new information from our São Jorge project gives us a much better understanding of the deposit geology and equally important will be used in upgrading the confidence level and the potential size of the next resource estimate. Significantly, the work undertaken in the last three months has identified an IP anomaly along strike of the São Jorge deposit to the southeast for 1.5 km suggesting potential to identify additional gold mineralization. It is an area for potential further resource growth and we will be working on defining the target in more detail early in 2012."

The São Jorge project is well situated with respect to infrastructure. It is located approximately 70 km north of the town of Novo Progresso on Highway BR163 that connects the city of Cuiaba in Mato Grosso state with the port city of Santarem on the Amazon River. The highway is currently being asphalted with approximately 30 km remaining to be completed between São Jorge and Novo Progresso. As well as having tarred road access, the project is connected to the electric power grid and a skilled work force is available in Novo Progresso, which has a population of approximately 60,000 people.

The São Jorge deposit is 1,300 m long by up to 200 m wide and has been intersected in drill holes to 350 m depth; the deposit strikes northwest and has a sub-vertical dip. Alteration and mineralization appears to be spatially associated with a number of d iscontinuous shear and fracture zones within granitic host rocks. Alteration minerals include chlorite, epidote, sericite, silica and sulphides that occur as disseminations, fracture controlled or pervasive alteration. The predominant sulphide is pyrite with minor amounts of chalcopyrite. Gold mineralization is commonly associated with silica+sericite+sulphide alteration and higher gold values are generally associated with higher pyrite content and the presence of chalcopyrite.

Drill holes reported in this news release are angle holes that have been drilled on north-south sections spaced 50 m apart. The drill holes were infill holes that targeted the eastern part of the deposit up to 250 m below surface. All drill holes in this news release except for drill hole SJD-098b-11 and SJD-105-11 intersected significant intervals of alteration and gold mineralization.

Table 1: Drill results from the São Jorge deposit.

Hole ID& nbsp; Section From(m) To(m) Interval(m)* Au g/t Comment

SJD-093-11 187.00 266.00 79.00 0.29

SJD-093-11 284.00 331.00 47.00 0.61

SJD-096-11 42.00 46.00 4.00 1.77 &n bsp;

SJD-096-11 106.00 110.00 4.00 4.37

SJD-097-11 187.00 241.00 54.00 1.24 Partial results
SJD-098b-11 No significant assays

SJD-099-11 216.00 226.00 10.00 0.59

SJD-100-11 207.00 213.00 6.00 1.12

SJD-100-11 250.00 266.00 16.00 0.51

SJD-101-11 38.00 54.00 16.00 1.79 &nb sp;

SJD-101-11 74.00 82.00 8.00 1.84

SJD-101-11 150.00 166.00 16.00 0.79

SJD-101-11 289.00 307.00 18.00 0.50 ;

SJD-102-11 130.00 144.00 14.00 1.21

SJD-103-11 24.00 30.00 6.00 0.49

SJD-103-11 147.00 158.00 11.00 2.28

SJD-104-11 &n bsp; Abandoned hole
SJD-105-11 No significant assays
SJD-107-11 331.00 339.00 8.00 0.50

*True thickness is approximately 50% of drill interval.

Results from the 2011 drill program (37 holes in 14,418 m) along with the historic drilling (108 holes in 22,446 m) will be used in a new resource estimate scheduled for completion by the end of the first quarter of 2012; the estimate was delayed from the previously reported end of year release so that all the assay results from the 2011 drill program could be included. The objective of this program is to identify additional resources that are amenable to open pit extraction thereby increasing the potential mine life and production rate as documented in the recently completed independent NI43-101 Preliminary Economic Assessment (PEA) on the São Jorge deposit (Coffey Mining, June 21st, 2011). The PEA indicates robust economics with an internal rate of return (IRR) of 22.9% and a net present value (NP V) at a 5% discount rate of $99.1 million using a gold price of US$1,300 per ounce. The PEA is based on an mineral resource estimate containing an indicated mineral resource of 11.365 Mt grading 1.0 g/t gold (379,000 ounces of gold) and an inferred mineral resource of 20.673 Mt grading 0.8 g/t gold (558,000 ounces of gold) at a 0.3 g/t gold cut-off. Due to wide spaced drilling in certain parts of the deposit, approximately 50% of this resource was not included in the mine plan. In addition, none of the down dip or infill drilling completed by Brazilian Gold in the 2011 drill program was incorporated in the resource estimate.

Brazilian Gold is currently reviewing the results of its extensive exploration program (drilling, soil geochemistry and IP) completed in 2011. Resistivity and chargeability anomalies, some of which are similar in orientation and amplitude, as those observed over the São Jorge deposit have been outlined in a recently completed 120-line k ilometre survey. Gold in soil anomalies are coincident with many of the IP anomalies. Targets identified from this work are currently being evaluated and prioritized for drill testing early in 2012.

Brazilian Gold Corp BGC, TSX:V

Brazilian Gold Corporation the fast-track developer of a number of large scale adjacent open pit gold projects in Northern Brazil, takes time to remind the market of its strong cash in back position and the fact that the São Jorge project is Brazilian Gold’s most advance stage development. The deposit is host to an NI43-101 compliant indicated mineral resource of 11.365 Mt grading 1.0 g/t gold (379,000 ounces of contained gold) and an inferred mineral resource of 20.673 Mt grading 0.8 g/t gold (558,000 ounces of contained gold) at a 0.3 g/t cut-off (Coffey Mining, July 15, 2011).

Whilst concerns about the fall in gold prices may concern some investors, BGC is set to be a low cost, low risk producer where in the case of Brazil it operates in a positive low royalty tax environment and is the only gold development company in Northern Brazil with access to power and with highway access to the development site.


Friday 16 December 2011

Geodrill Establishes European Representative Office

For Immediate Release
15th December 2011


Geodrill Establishes European Representation Office
Geodrill (GEO: TSX), the leading West Africa-based drill rig contractor, is pleased to announce the appointment of Brandmining, a specialist mining and natural resources consulting firm, as the Company’s European representative.
Commenting on the appointment, CEO Dave Harper said: “Geodrill is rapidly increasing its fleet of drill rigs. The appointment of Brandmining will help to ensure that our Company maintains a high profile and effective representation in the influential London mining market, where a number of listed mining and exploration companies with interests in West Africa procure their drilling programmes.”
About Geodrill
Geodrill Limited is a leading West African based drilling company currently operating in Ghana and Burkina Faso. Geodrill provides exploration and development drilling services to major, intermediate and junior mining companies with exploration and development operations in West Africa. The Company specialises in providing reverse circulation, diamond core and air-core drilling services using a modern fleet of drill rigs. The Company plans to grow organically and build its current client base while continuing to assess expansion opportunities throughout West Africa and other jurisdictions of Africa, to meet demand for its services and expertise.
For further information contact:
Geodrill
Dave Harper
Chief Executive Officer
T: +233 30 276 8879
E: dharper@geodrill-gh.com
Brand Mining
André Morrall
Managing Director
T: +44 (0) 151 244 5587
E: andre@brandmining.co.uk
Press Release
Visiting Address:
20B Aviation Road Airport Residential Area Accra, Ghana
Postal Address:
PO Box KIA 16184 Airport
Accra, Ghana
T: +233 30 276 8879
E: dharper@geodrill-gh.com
www.geodrill-gh.com

Thursday 15 December 2011

Polo Resources Boost For Sierra Leone

Polo Resources the London and Toronto listed natural resources investment and development company, announced Wednesday, that it has agreed to acquire TSX-V listed AXMIN Inc.'s ("AXMIN") 49 per cent. interest in Nimini Holdings Limited ("Nimini") for a cash consideration of US$9 million. Polo completed its acquisition of a 51 per cent. interest in Nimini on 29 September 2011 and will, upon completion of this acquisition, own a 100 per cent. interest in Nimini.



The transaction is expected to complete by 23 December 2011. Polo's joint venture agreement with AXMIN in respect of the Nimini East and West and Matotoka gold exploration licences in Sierra Leone (the "Prospects") will then cease and AXMIN will no longer have representation on the board of Nimini.

The news is another positive signal of the growing confidence the gold mining and exploration sector is having in Sierra Leone, where a number of analysts are saying that the country represents "Ghana Ten Years Ago"

Saturday 10 December 2011

URU Metals LSE URU


URU Metals LSE:URU Metals is advancing it's SAN nickel project with intensive metallurgical test work and is working towards a PEA.

TAIA Lion Resources Sierra Leone

TAIA Lion Resources drill programme underway at the Lake Sonfon Gold Project Sierra Leone progressing really well,crews all working smoothly

Brazilian Gold Corp TSX:V BGC Drilling Campaign

Brazilian Gold Corp, the Toronto listed fast-track developer of large scale gold projects in Northern Brazil, presses ahead with its 20,000 metre drill campaign, where it is targeting through its close knit adjacent projects up to 3 million ounces of gold that could be processed through a central treatment facility.

Friday 9 December 2011

TAIA Lion Resources Drilling Going Very Well

TAIA Lion Resources drill programme underway at the Lake Sonfon Gold Project Sierra Leone progressing really well,crews all working smoothly

Tuesday 6 December 2011

TAIA Lion Resources Begins Phase One Drill Campaign

TAIA Lion Resources the developer of the highly prospective Lake Sonfon and Gori Hills gold projects in Sierra Leone begins commences it's phase one drill campaign.

UrAmerica Commences Drill Campaign

UrAmerica the South American uranium exploration and development company begins phase one drilling campaign on its highly prospective concessions in the San Jorge Basin, Argentina

Thursday 24 November 2011

URU Metals SAN Nickel

URU METALS LIMITED
Drilling Continues to confirm large disseminated nickel resources at Burgersfort &
Zebediela nickel projects, in South Africa

LSE URU Metals PEA on SAN Nickel Metallurgical Testwork

LSE: URU Metals update on the SAN Nickel project announced that
Mr. Herculus Jacobs B.Eng (Metallurgy), Pr. Eng (Metallurgy),ECSA, SAIMM, MMMA, NIASA has been
appointed to coordinate the metallurgical test work on SAN at SGS Laboratories, Maelgwyn Mineral Services and other institutions
with the view to designing initial metallurgical flow sheets for use in the preliminary economic assessment.

Thursday 3 November 2011

LSE:URU URU Metals-CAMECO-UrAmerica

Fantastic RNS out today on URU Metals who, because of the investment recently made by CAMECO in UrAmerica, have their  7.36% stake in UrAmerica now valued at   $ 3.7 million
www.urumetals.com

Wednesday 2 November 2011

URU Metals

Uranium stocks to rise from $50 to $64 in long-term commodityonline.com/news/Uranium-s…

$VIX Index

The $VIX index jumped by 22% on Monday and by over 13% during yesterday’s session. Good news for gold plays TAIA Lion and Brazilian Gold

Tuesday 1 November 2011

TSX.V BGC large scale open pit

Brazilian Gold, TSX:BGC is targeting up to 2 million ounces from its close proximity gold properties in Northern Brazil, the company is currently engaged in a 20,000 metre drill campaign with a string of results set to flow over the next few months. A couple of brokers have a 2 Canadian Dollar target price meaning at 0.60 cents the company is trading at a huge discount to NAV.

Saturday 29 October 2011

Ari Untracht

Ari Untracht is the new Algy Cluff!

Magnolia Petroleum Plc

Magnolia Petroleum plc the onshore US oil company with a number of royalty earning projects in the North Dakota Brakken Field and with 24,000 acres of concessions in the exciting Mississippi Lime Field will be presenting to investors in Liverpool next week.

Friday 28 October 2011

Brand Mining: TAIA Lion Resources

Brand Mining: TAIA Lion Resources: TAIA Lion Resources the developer of the highly prospective Lake Sonfon and Gori Hills gold projects in Sierra Leone has commenced a major d...

TAIA Lion Resources

TAIA Lion Resources the developer of the highly prospective Lake Sonfon and Gori Hills gold projects in Sierra Leone has commenced a major drilling campaign and is likely to get some results out before the end of the year.
The company is receiving a strong backing from mining investors who have said simply that Sierra Leone is Ghana ten years ago, I think they are right. TAIA's results will I am sure confirm

Zincox Resources LSE:ZOX

Massively undervalued whilst trading at just above 0.50 Zincox is fully de-risked and will begin production at its Korea Recycling Operation as early as February 2012. I would expect the Zincox stock to soar when the RNS comes out about the commencement of production. At 0.50 the company is a real bargain, I would expect the stock to trade way beyond 1.20 by Q1 2012

UrAmerica-CAMECO

UrAmerica has entered into a Strategic Alliance to advance Exploration in the Chubut Province, Argentina
www.uramerica.co.uk

UrAmerica is pleased to announce that it has signed a Strategic Alliance Agreement with Cameco Global South America Inc. (“Cameco”) with whom it has completed a non-brokered Private Placement of US$10,000,000, representing 19.9% of the equity in the Company.
Cameco has purchased 11,954,579 ordinary shares of the Company (US$ 0.8365 per share), giving them certain rights.
This investment, among other rights, gives Cameco the exclusive right to acquire 70% of each deposit discovered by UrAmerica, within all of the mining rights currently controlled by the Company in the San Jorge Basin, Chubut Province, Argentina. UrAmerica shall hold the remaining 30% of such deposits.
When a deposit is defined and if Cameco exercises its right, the mining properties hosting such deposit will be transferred to a newly formed Joint Venture Company in exchange for a payment, per pound of U3O8, identified as a mineral resource or mineral reserve, to the Company, based on the variable spot price, as mutually agreed by the parties. Cameco or its affiliate would then become the operator. A second payment from Cameco to the Company would follow for all additional pounds of U3O8identified in said deposit, based on the variable spot price, upon achieving positive feasibility, which must be carried out according to certain milestones.
Pursuant to the Strategic Alliance, a Joint Technical Committee (“JTC”), comprised of two members from Cameco and two members from UrAmerica, has been created to manage and approve the use of proceeds from Cameco’s equity investment in UrAmerica for the exploration programs. The JTC has already approved an initial 12 month Drilling Program of 30,000 meters, focused on 7 drill targets, surrounding and close to the National Commission of Atomic Energy’s (CNEA) “Cerro Solo Deposit”.
UrAmerica Limited
("UrAmerica" or "the Company")

Tuesday 20 September 2011

Karl Morrall

Karl Morrall took to the runway at London Fashion Week for Burberry, well done Karl, you looked great

Thursday 8 September 2011

TSX.V: BGC Brazilian Gold post new investor presentation

Brazilian Gold, the Toronto listed developer of significant gold projects in northern Brazil post their latest investor presentation on their website, www.braziliangold.ca

Monday 5 September 2011

LSE:URU Metals new website

LSE:URU Metals the London AIM Listed developer of a portfolio of Uranium and Nickel assets has uploaded a new website at www.urumetals.com
Short presentations about the company are available for download in Chinese, Russian and Korean. These presentations reflect the growing market interest in the company from these markets. Midland Group (Russian-Ukraine investment company) is 7% shareholder.

Alex Stewart Argentina opens Geochemical Laboratory in Perito Moreno, Santa Cruz


Alex Stewart Argentina opens  Geochemical Laboratory in Perito Moreno, Santa Cruz, Argentina

Alex Stewart’s new geochemical laboratory in Perito Moreno, Santa Cruz, Argentina will combine with the main laboratory in Mendoza to provide extensive geochemical sample preparation and analysis  in the South of Argentina, and will serve the main Mining companies operating in that area.

On September 8,  in Parque Industrial Perito Moreno Alex Stewart Argentina will celebrate the opening with our representatives, main clients, and leading mining representative in Santa Cruz Province.

Thursday 1 September 2011

TSXV:BGC Brazilian Gold Drill Assay Results RIO NOVO Discovery

Brazilian Gold Announces Drill Assays from the Rio Novo Discovery, Tapajós Region, Brazil
Release No. 19/11
Vancouver, BC, September 1, 2011
Brazilian Gold Corporation (TSXV: BGC) ("Brazilian Gold" or the "Company") is pleased to report assay results from the remaining five drill holes of the Phase One drill program (11 holes in 3,121 m) and provide an update of the on-going exploration program on the Rio Novo project in the Tapajós region of northern Brazil.
The Phase One drill program was successful in discovering new gold mineralization over significant widths at the Jau target, one of several targets the Company is currently evaluating on the Rio Novo project. Selected assay results from the final five holes include 1.64 grams/tonne over 2 metres starting at 69 metres depth in hole JAD-007-11 and 13.7 grams/tonne over 2 metres starting at 105 metres depth in hole JAD-009-11 (Table 1). While the final five holes did not intersect similar thicknesses of gold mineralization as those encountered in the previously reported holes, the Company is optimistic that the Phase Two drill program that is schedule to commence by the end of September will not only extend the mineralized zone to the west, but will show continuity of the mineralized zone between the existing widely spaced drill intersections.

Thursday 25 August 2011

Alex Stewart Agriculture Accredited by UKAS to ISO/IEC 17025:2005


Thursday 25th August, 2011
I am delighted to inform all of our customers that Alex Stewart Agriculture Ltd has been accredited by UKAS as an official ISO/IEC 17025:2005 Testing Laboratory for Animal Feeds, Environmental Samples, Food and Food Products.
The UKAS accreditation will improve quality for all of our chemistry and microbiological laboratory services.
For further details about Alex Stewart Agriculture’s accreditation can be found on the UKAS website via the UKAS search engine: - Alex Stewart Agriculture Limited, trading as Huson and Hardwick. The UKAS schedule number is 4352.
For any further information about our laboratory services, please do not hesitate to contact either myself or our Customer Services Coordinator, Kate Wockenforth.
Yours sincerely
Des McMillan Chief Chemist

Stephen Russell Joins Alex Stewart

Stephen Russell joins Alex Stewart International Inspection and Analysis Group for Metals and Minerals. He joins from the Stewart Group

Wednesday 24 August 2011

Clarus Securities place BGC on their watch list

TSXV:BGC Brazilian Gold now on Clarus Securities watch list off the back of a series of positive results from their gold projects in Brazil

TSXV:BGC Brazilian Gold strong buy

TSXV:BGC Brazilian Gold strong buy by Fraser Mackenzie Target Price 2.10C$ Pista Manual drilling confirms mineralization

Monday 22 August 2011

TSXV:BGC Brazilian Gold

Fraser Mackenzie confirm BGC as strong Buy target price 2.10 C$
Assay Results from Pista Manual Targets Confirm Mineralization

Event

· Brazilian Gold released the first set of assay results from its recently completed drill program on the Pista Manual project in the Tapajos Mineral Province of northern Brazil.

· The company completed four diamond drill holes totalling 561 metres to test two gold targets (Inferinho and Pista Manual) in the northwest area of the project, and collected 558 soil samples to the south of this area.

· Highlights from the drilling include (drill map):

o Inferinho Prospect:
§ Hole PMD-001-11: 4.28 g/tonne gold over 14.0 metres

§ Hole PMD-002-11: 1.03 g/tonne gold over 4.0 metres.

§ Hole PMD-003-11: 0.68 g/tonne gold over 4.0 metres and 0.81 g/tonne gold over 4.0 metres.

o Pista Manual Prospect:
§ Hole PMD-004-11: 0.96 g/tonne gold over 8.0 metres

* True width is approximately 50% of the length of the mineralized intercept outlined above

Monday 15 August 2011

URU:LSE URU Metals up today

URU:LSE URU Metals the developer of a portfolio of uranium and nickel assets sees a rally in the share price today up 6.45%

Saturday 13 August 2011

URU:LSE Uru Metals post Chinese Presentation

URU:LSE URU Metals the uranium and nickel project developer posts a Chinese version
Of the company profile on their website www.urumetals.com

Friday 12 August 2011

URU Metals Chinese Presentation

URU Metals the London Listed developer of uranium and nickel projects posts a simplified Chinese version of the company's presentation on its website www.urumetals.com.
This forms part of a revised communication strategy that will see the addition of Russian and Korean versions also added.

Thursday 11 August 2011

BGC.V Brazilian Gold Seeing Rapidly Improving Regional Infrastructure

Brazilian Gold, the Toronto listed gold exploration company, is seeing rapidly improving local infrastructures around its gold exploration and development sites in Northern Brazil. Improvements in particular include paved roads. Brazilian Gold also enjoys electricity supply.

Tuesday 2 August 2011

Brazilian Gold


The advancing price of gold continues to have heady trickle-down effects on the junior resource sector. At resourceINTELLIGENCE we track and evaluate every new 43-101 resource estimate. Lately, we’ve seen a sharp increase in the number newly viable projects — that is to say, projects that may not have been entirely viable in a world with gold trading at less than $1,000 per ounce.Brazilian Gold Corp (TSX.V:  BCG) recently announced its first 43-101 resource estimate for the Sao Jorge deposit in Northern Brazil. It’s a deposit that could net the company an NPV of $99.1 million at $1,300/oz gold and $181.4 million at $1,560/oz. In production, a mine at Sao Jorge would produce 52,900 oz gold per year for eight years, at a cost of $16.36 per tonne. Capital costs of $126 million would be paid back in three years at the base case and in just two years at recent metal prices.

The company actually has a resource totalling about 30-million tonnes in the indicated and inferred categories, but for the purposes of the recently announced Preliminary Economic Assessment, consulting company Coffey Mining included just 16-million tonnes in the pit model (two-million tonnes multiplied by eight years). This translates to about $220 million in revenues over the life of the mine, or about $2.50 per share. 
How did I get these numbers? By using the calculators at www.resourceintelligence.net:
§  16,000,000 tonnes X 1 g/t (it may be a little lower, however) X 91% recovery rate
§  Less the company’s operating costs and capital costs
§  Divided by 88,452,207 shares outstanding
Since the company owns 100 per cent of the project, 100 per cent of the spoils go to them, less taxes and any applicable royalties.
The company is operating in Brazil’s Tapajos region, which over the past 100 years has yielded 30-million ounces of gold to artisan miners. As James West of the Midas Letter wrote about Tapajos in 2009, “Due to its previously remote nature, it is only now that modern exploration companies are experiencing success that is likely to soon have the region on world maps as a major producer of gold.”
During the 1970s and 80s, West points out, Tapajos produced as much as 40 per cent of the country’s gold output. This recent success in the region has added substantial infrastructure, which is key to building mines.
That said, Sao Jorge does require significant input of capital to upgrade roads and build other mine infrastructure. Another costly aspect of the mine would be the stripping ratio of 4.5 to 1. These will lead to higher capital and operating costs (respectively), but with gold prices regularly hitting new all time highs, Brazilian Gold still has a winner here. The company is also enjoying positive drill results (1.37 grams/tonne over 86 metres) from ongoing expansion drilling down dip of historic drilling. The company will add 7,000 metres of Phase II drilling later this year to its present 5,000 metre drill program for an updated 43-101 Resource Estimate in early 2012. We expect the market to take notice with marked upside sometime between now and then.
Brazilian Gold is also exploring several other projects in the region that contribute value to the company’s market share. Check out to recent drill results on the Rio Novo and Boa Vista projects elsewhere in Brazil, and evaluate the company’s projects HERE, at resourceINTELLIGENCE.com.
BRAZILIAN GOLD CORPORATION
T: 604.602.8188 | C: 778.994.4333

Wednesday 27 July 2011

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