Austin, TX 11/6/2007 8:20:12 PM
Speak with other shareholders about: (OTCBB: MXOM), (AMEX: EGI), (AMEX: TRE), (AMEX: GSS).
Stockwire has been a leading provider of information on emerging growth companies for many years. In this special issue of our morning report, we will be focusing on
emerging growth Gold companies. Below are some of our focus stocks:
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Mexoro Minerals is a company that we feel extremely confident about and just recently wrapped up filming on a full length Stockumentary on the company. In this Stockumentary, we take the viewer on
an aerial journey over the Sierra Madre Gold Belt in Chihuahua, Mexico.
To view the Mexoro Minerals Stockumentary, visit http://www.stockwire.com .
CHIHUAHUA, Mexico, November 05, 2007:
Mexoro Minerals Ltd. (OTCBB: MXOM) release initial drill results from its Guazapares Project.
Mexoro is pleased to announce the latest results from the diamond drill program at the Guazapares project in the Temoris District, Chihuahua, Mexico.
The Guazapares project is dominated by flows and tuffs of rhyolitic- dacitic and in lesser amount of andesitic composition that may correspond to the upper portion of the Lower Volcanic series of
the Sierra Madre Occidental Volcanic Complex. Mineralization seems to be closely associated to a rhyolitic-dacitic intrusive body domal in shape and consisting of a series of sub-vertical,
brecciated, quartz-rich zones that outcrop within an area of 4 sq. km and have been trace for approximately 2 km. There are three main drilling targets identified inside the project area known as
San Antonio, San Francisco and El Cantilito.
A drilling program consisting of 27 diamond holes have been programmed to evaluate the Guazapares project. The drilling program has been designed to:
-- Explore the high-grade ore-shoots down plunge and along strike already identified within the Guazapares system,
-- Test for potential zones of high-grade or economic mineralization based on surface indications,
-- Gather information on the system regarding alteration patterns, metal zoning, level of erosion and vector to the most prospective areas of the system.
The drilling program commenced on the San Antonio area, where three diamond holes (GU-01, GU-02, and GU-03) have been drilled for 452.85 meters. All three holes intersected mineralization at a
depth of approximately 100 meters. Surface and underground sampling from the San Antonio adit indicate the mineralization to extend from surface to a depth of at least 135 meters with a true width
varying from 1.2 meters to 12 meters in thickness. The mineralized structure has a strike length of 800 meters and is open to the northwest and southeast as well as to depth, highlighting the
potential for high grade gold mineralization along strike and also beneath covered areas.
The holes GU-01, GU-02, and GU-03 have been focused on extending zones of high-grade mineralization encountered in the San Antonio adit. To date we have received assay results for the three
drillholes. Some of the highlights from this program are reported below including intervals which are reported here as drill hole intercepts.
You can find the details of the drill program at Yahoo Finance.
Diamond drilling of the San Antonio system encountered mineralization in the three drillholes. The highest grades occurred within vein-breccias, quartz veins and quartz stockworked veins exhibiting
multiple pulses of hydrothermal activity.
Analysis of the mineralization and alteration assemblages, structural setting and geochemistry of the San Antonio target area indicates that the high gold values tend to cluster in two main
mineralization styles:
1. Ore-shoots developed along the extensive San Antonio vein system.
2. Large and structurally controlled breccia bodies or structural zones developed in the intersections of mainly NW and NE trending faults and structures.
Holes GU-01, GU-02 and GU-03 confirm the emergence at San Antonio of one of the high-grade ore-shoot identified in the San Antonio adit where a new high grade gold zone in the underground samples
returned grades as high as 37 g/t gold and 1,000 g/t silver over 2 meters (press release May 22, 2007). These two drill holes also provide the evidence that the main mineralization tends to cluster
as ore-shoots controlled by mainly by the intersection of northwest, east-west, and northeast structures. Drilling continues to explore intense altered and mineralized areas and all ore-shoots
identified.
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VANCOUVER, BRITISH COLUMBIA, November 05, 2007:
Entree Gold Inc. (AMEX: EGI) - Market Regulation Services - Trading Halt
The following issues have been halted by Market Regulation Services (RS):
Issuer Name: Entree Gold Inc.
TSX Ticker Symbol: ETG
Time of Halt: 15:48 EST
Reason for Halt: Pending News
SOURCE: Market Regulation Services Inc.
SOURCE: Market Regulation Services - Halts/Resumptions
Market Regulation Services Inc., (416) 646-7299
Entree Gold Inc.:
For the six months ended 30 June 2007, Entree Gold Inc. reported no revenues. Net loss rose 77% to $6.4M. Revenues reflect the company being in the exploration stage. Higher loss reflects an
increase in consulting fees, higher depreciation charges, increased foreign exchange loss, higher management fees, increased mineral property interests, higher office & administration expenses and
decreased interest income.
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VANCOUVER, Nov. 5, 2007:
Tanzanian Royalty Exploration Corp. (AMEX: TRE) wishes to announce that the recent passing of a bill by the U.S. House of Representatives requiring hard-rock mining companies to pay non-profit
based royalties on minerals extracted from public lands will have no material impact on the company whatsoever.
The Company's mineral assets are located in Tanzania whose laws are designed to foster development of its mineral resources under a fiscal regime that returns real benefits to all stakeholders
without compromising the country's environment.
"Similar laws have been put forward in the United States many times before and it will face strong opposition in the Senate and a White House veto as well," noted Tanzanian Royalty CEO, Jim
Sinclair. "The enactment of this shortsighted legislation would only serve to increase American dependence on foreign sources of industrial commodities just like the nation has for oil."
Tanzanian Royalty has operated in the Republic of Tanzania for well over a decade and its exploration assets are located in some of the country's most prospective mineral belts. Tanzania sees the
minerals industry as a key driver behind its efforts to improve the economic well being of its people at a time when demand for mineral commodities has reached historic levels.
Respectfully Submitted,
"James E. Sinclair"
James E. Sinclair
Chairman and Chief Executive Officer
Tanzanian Royalty Exploration Corp.:
For the nine months ended 31 May 2007, Tanzanian Royalty Exploration Corporation reported no revenues. Net loss fell 5% to C$2.3M. Revenues reflect the Company being in the exploration stage of
operations. Lower loss reflects a decrease in annual general meeting expenses, decreased consulting & management fees, a decrease in press release costs, lower transfer agent & listing costs and
the presence of gain on sale of investments.
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Chat real-time with other investors about this GSS news release, by
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To view in-depth research, click the following link:
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Denver, CO, November 02, 2007:
Gossan Resources Limited (AMEX: GSS) experienced a 3.33% increase in share value Thursday combined with 45,000 shares traded. On November 1st they provided an update of Marathon PGM Corporation's
ongoing exploration program at their 7,300+ hectare Bird River Sill Property. PinnacleDigest is interested in this development and has initiated a follow up review. We are interested in their
position within the sector as well as their short term goals.
Golden Star Resources Ltd.:
For the six months ended 30 June 2007, Golden Star Resources Ltd.'s revenues increased 1% to $58.9M. Net income as per U.S GAAP decreased 91% to $2.4M. Revenues reflect an increase in gold sales.
Net income was offset by an increase in mining operations expense, higher depreciation, depletion & amortization expense, increased exploration expense, higher general & administrative expense and
decreased gain on sale of investments.
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As a trader, a very intelligent place to put your money, is where the money is flowing into. These are the kind of trades that you want to get into.
As the saying goes...follow the money!
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