Precious Metal Mining Companies Are A GOLDEN Opportunity (SILA GOLD and BTDG)

Post on: 13 Июнь, 2015 No Comment

************************************************************** Gold American Mining Corp. (SILA.OB) is a precious metals exploration company focused on the aggressive, ongoing acquisition and exploration of holdings with rich gold and silver production potential.

Gold American has developed a promising portfolio of international properties in regions marked by stable politics, sound economies and friendly business relations.

In May 11, 2010, Gold American reported that it entered into a $7.5 million equity financing agreement with a European institutional investment group that specializes in backing precious metals and mining ventures.

Up to date SILA has received funds in the amount of $300,000 in virtue of this agreement and that Gold American still has a balance of $7.2 million that the company could call upon to fund its exploration and acquisition strategy. During 2010, SILA has received total equity subscription proceeds of $500,000.

The funding will be utilized by Gold American in its ongoing acquisition strategy and specifically in the further exploration and development of its existing Keeno Strike Property in Nevada, which could potentially contain

1.1 million ounces of gold and

69.0 million ounces of silver accessible via open-pit bulk handling methods, and its Guadalupe Property in Mexico, which is located approximately 5 miles north of the world’s richest underground silver mine, operated by the +$10 billion London Stock Exchange-traded company, Fresnillo plc.

Randgold Resources Ltd.(Nasdaq:GOLD) is an African focused gold mining and exploration company. Major discoveries to date include the 7.5 million ounce Morila deposit in southern Mali, the 7 million ounce Yalea deposit and the 3 million ounce Gounkoto deposit, both in western Mali, the 4 million ounce Tongon deposit in the Cote d’Ivoire and the 3 million ounce Massawa deposit in eastern Senegal.

Randgold recently reported that the construction on the Kibali project, potentially one of the world’s largest gold mines, is being targeted to start in mid 2011, six months earlier than originally anticipated.

The earlier start-up target date was attributable to the encouraging progress that had been made on the pre-development programmes as well as the active cooperation of the local community and the government of the Democratic Republic of Congo, which holds a 10% stake in the project through the parastatal OKIMO. GOLD and AU each have a 45% interest.

International-standard baseline studies on the project’s environmental and social impact are well advanced, as is the public participation process, and a resettlement programme is in the final stages of planning.

The new 178 kilometre road to neighbouring Uganda, which is central to the project’s logistics, is now at a stage which allows normal non-four wheel drive vehicular access and it is planned to continue upgrading it in phases. In addition, the road between the Ugandan and DRC border posts has been upgraded.

The project partners are also making progress with the development of a power supply strategy designed to supply the mine with affordable and adequate power.

Furthermore, Randgold posted a quarterly profit increase of 52% on the previous quarter and 92% on the corresponding prior year quarter, while its profit for the six months to June was up 88% year on year.

B2 Digital (BTDG.PK) reported that its wholly-owned subsidiary Castle Creek Silver Inc. has acquired a uranium prospect in the state of Washington.

The uranium claims consist of six unpatented mining claims, from the LC uranium group, covering one hundred and twenty acres in east Pend D’Oreille County. The property is underlain by medium to coarse-grained porphyrtic granitic rocks. Most uranium occurrences in eastern Washington are situated in or closely associated with either granitic rocks of the Loon Lake batholiths or metasediments of the Precambrian Belt, or contact between the two. In the general area of the LC claims, Kerr McGee Corp. and Dennison Mines conducted reconnaissance exploration in the 1970’s. Utah-Consolidated Uranium conducted radiometric surveys over areas covering exploration pits and dozer cuts.

The Company’s exploration plans include revised geologic mapping and an expanded systematic radiometric survey of the entire property. The Company will consider adding additional uranium prospects if warranted.

drstockpick.com/disclaimer ). Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings, Inc. (CRWE.OB) has received eight thousand dollars in cash from a third party (Winning Media) for (3) days of advertising for Gold American Mining Corp (SILA.OB)

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