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Wildsky Resources Inc. V.WSK.H
Alternate Symbol(s): HWTHF
Metals & Mining Industrial Metals & Minerals
Wildsky Resources Inc is an exploration-stage company. The company has two properties located in the Cassiar Mining Region of British Columbia and known together as the Cassiar Gold Project. The Cassiar Gold Project consists of the Table Mountain Gold Project and the Taurus Gold Project. It primarily operates in one reportable operating segment, being the acquisition and exploration of assets located in Canada.
$ 0.18-0.02 | -10.00%Bid: 0.18 x 19500Ask: 0.21 x 1000Volume: 500
CADTSX VENTURE EXCHANGEDELAYED PRICEAUGUST 11, 2020 10:10 AMEDT
Hawthorne Gold Corp (Tier1) (HGC) $ 1.35
Change: 0.04 (3.05%)
Volume: 33,757
16:50:16 EDT
Jun-3-08
http://investorshub.advfn.com/boards/board.aspx?board_id=10573
God Bless
Ps.
Hawthorne Gold Corp. (HGC.V) and Cusac Gold Mines Ltd. (CQC.TO, CUSIF.OB) announced that the Supreme Court of British Columbia has issued a final order approving the statutory plan of arrangement between Hawthorne and Cusac.
Under the terms of the Arrangement, shareholders of Cusac will receive one common share of Hawthorne in exchange for each nineteen Cusac common shares. In addition, for each two dollars of principal and interest owed to each Cusac convertible debentureholder, Hawthorne will issue one Hawthorne common share.
Cusac Gold J (T.CQC) $0.105 - $0.005 (+5.00%)
Volume: 282.03 k
3:34 PM EDT Mar 28, 2008
Cusac Gold J (T.CQC) $ 0.095 0.005 (+5.56%)
Volume: 595.0 k
3:57 PM EST Feb 6, 2008
Cusac Gold Mines Ltd. -
http://www.mineralsnorth.ca/pdf/terrace07/2007_presentations/Cusac%20Gold.pdf
Cusac's David, son to great Gill will be joined by -
Fyi. i know the mine founders -
and they will not waste any time -
they are both great mine founders -
Michael Beley
President, CEO and Director
Directorships
Polaris Minerals Ltd.
Energold Minerals Ltd.
Employment History
Adriana Resources Inc. 2004-Present
President and Director
Nevada Pacific Gold Ltd. 2004-2007
Director
Beley Management Ltd. 1976-Present
President and Director
Mr. Beley is President of Beley Management Ltd., a private
investment and consulting company to the mining industry.
Eldorado Gold Corporation 1992-2001
Executive Vice President and Director
Mr. Beley was founding Vice President and Director of
Eldorado Gold Corporation.
Through his tenure with Eldorado, the company developed
two open pit gold mines in Mexico; defeated an attempted
hostile takeover;
gained control of an Australian junior gold producer;
participated in the strategy leading to a share-asset swap
with South Africa based Gencor;
amalgamated with HRC Development Corporation;
participated in the management of
the Sao Bento Gold Mine in Brazil
and the development of significant
gold assets in Turkey.
Bema Gold Corporation 1976-1992
Vice President and Director
A co-founder, Director and Vice President of Bema Gold
Corporation from its inception in 1988 through to 1992.
Prior to 1988 Mr. Beley held executive positions in
Bema's predessor companies,
Amir Mines Ltd.,
Normine Resources Ltd. and
Bema International Resources Inc.
These companies merged in 1988 to form
Bema Gold Corporation
and were controlled by
Bema Industries Ltd.,
a private exploration contracting and geological
consulting firm. Mr. Beley was a founding partner
of Bema Industries Ltd.
and served as President from 1976-1986
and Vice President from 1987-1990.
Manex Mining Ltd. 1969-1975
President and Director
Prior to the formation of Bema,
Mr. Beley spent 8 years in the mining industry
as an exploration contractor and geologist
throughout North America,
managing an exploration service company,
Manex Mining Ltd.
Richard Barclay
CFO and Director
Adriana Resources Inc. 2004-Present
CFO and Director
Hemmingsen Investment Corporation 1990-Present
President and Director
Mr. Barclay is President of Hemmingsen Investment Corporation,
a private investment and consulting company to
the mining industry.
Nevada Pacific Gold Ltd. 2002-2005
CEO, President and Director
Eldorado Gold Corporation 1992-1999
President, CEO, Director
Mr. Barclay was founding President and CEO of
Eldorado Gold Corporation.
Through his tenure with Eldorado,
the company: developed 2 open pit gold mines in Mexico;
successfully defeated an attempted hostile takeover
from a competing mining company;
gained control of an Australian junior gold producer;
negotiated a ground breaking share-asset swap with
South Africa based Gencor;
amalgamated with HRC Development Corporation(Founding CEO);
oversaw the successful turn around of the Sao Bento Gold Mine
in Brazil and oversaw the development of significant
gold assets in Turkey.
Bema Gold Corporation 1976-1992
CFO, Director
A co-founder, Director, and CFO of
Bema Gold Corporation
from its inception in 1982 through to 1992.
Mr. Barclay held executive positions in Bema's
predecessor companies,
Amir Mines Ltd.,
Normine Resources Ltd.
and Bema International Resources Inc.
These companies merged in 1988 to form
Bema Gold Corporation,
which were managed by
Bema Industries Ltd.,
a private exploration contracting and
geological consulting firm.
Mr. Barclay was a founding partner of
Bema Industries Ltd.
and served as President from 1987-1991
and CFO from 1976-1986.
Prior to the formation of Bema,
Mr. Barclay spent 10 years in the mining industry
as an exploration contractor and prospector throughout
North America, founding an exploration service company
Bear-X Geology and Exploration Services Ltd.
Over the past three decades,
Michael Beley and Richard Barclay
have achieved widespread recognition
as company builders
in the mining industry.
They have worked as a team for more than 30 years,
first as co-founders of Bema Gold Corporation and
later as co-founders of Eldorado Gold Corporation.
Today, both these companies have a market capitalization
of more than $1 billion each...
welcome to Cusac Gold -
Thanks in advance
God Bless
Fri, Nov 09, 2007
9:41 AM
Hawthorne Gold and Cusac Gold Mines Agree to Merge - Marketwire
9:33 AM Market Regulation Services - Trade Resumption - Cusac Gold Mines Ltd. - CQC - Canada NewsWire
Cusac Gold will be joined with a very experienced
management team -
Over the past three decades, Michael Beley and Richard Barclay
have achieved widespread recognition as company builders
in the mining industry.
They have worked as a team for more than 30 years,
first as co-founders of Bema Gold Corporation and
later as co-founders of Eldorado Gold Corporation.
Today, both these companies have a market capitalization
of more than $1 billion each...
welcome to Cusac Gold -
Thanks in advance
God Bless
Fri, Nov 09, 2007
9:41 AM
Hawthorne Gold and Cusac Gold Mines Agree to Merge - Marketwire
9:33 AM Market Regulation Services - Trade Resumption - Cusac Gold Mines Ltd. - CQC - Canada NewsWire
Hawthorne Gold and Cusac Gold Mines Agree to Merge
Hawthorne Gold Corp. ("Hawthorne")(TSX VENTURE: HGC)
and Cusac Gold Mines Ltd. ("Cusac")(TSX: CQC)(OTCBB: CUSIF)(FRANKFURT: DCB)
have entered into a binding Letter Agreement
(the "Letter Agreement") to combine the two companies
by way of a Plan of Arrangement or other statutory
procedure (the "Transaction"), as approved by both
companies Board of Directors.
The resulting entity will hold a balanced portfolio of gold
exploration, development and near-term production assets,
all located in British Columbia, Canada.
"We are pleased with this development in the evolution of
Hawthorne," remarked Hawthorne Gold's President and
CEO Richard Barclay, "Cusac's assets meet our
corporate strategy of adding quality gold properties."
Cusac CEO David H. Brett stated: "Joining forces
with Hawthorne's seasoned team brings to bear the
knowledge and experience needed to help unlock
shareholder value in Cusac's gold assets."
Highlights of the Transaction
The Transaction is subject to a number of conditions
and approval, including, but not limited to, settlement
of a Definitive Arrangement Agreement, approval by a
special majority of the Shareholders and Debentureholders
of Cusac, an order of the Supreme Court of
British Columbia and approval of the TSX Venture Exchange.
Under the terms of the Transaction, shareholders of Cusac
will receive one (1) common share of Hawthorne in exchange
for each seventeen (17) Cusac common shares
(the "Shareholders").
In addition, for each two dollars of principal and
interest owed to each Cusac Convertible Debentureholder
(the "Debentureholders"), Hawthorne will issue one
Hawthorne common share in consideration.
Cusac has approximately 84,000,000 common shares issued and outstanding and 788 convertible debentures issued each with a face value of $3,750 bearing an interest rate of 11% per anum. Hawthorne currently has 14,462,875 common shares issued and outstanding. The Transaction, if successfully completed, will result in the issuance of approximately 6,700,000 Hawthorne common shares to Cusac Shareholders and Debentureholders. On closing, Hawthorne will have approximately 21,165,000 common shares outstanding. Cusac stock options and warrants will be assumed by Hawthorne, using the effective seventeen (17) to one (1) ratio.
Cusac has agreed not to solicit or initiate any discussion concerning the pursuit of any other business combination. A termination fee of 5% is payable to Hawthorne in certain circumstances. In addition, Hawthorne has the right to match any competing proposal in the event a competing proposal is made.
There can be no assurance that the Transaction will be completed as proposed or at all. The companies will work diligently to settle and execute the Definitive Agreement by November 23, 2007 (the "Definitive Agreement Execution Date") and to close the Arrangement within 120 days of the Definitive Agreement Execution Date (the "Completion Deadline").
About Hawthorne Gold
Hawthorne Gold is led by respected mining leaders Richard Barclay and Michael Beley who co-founded Bema Gold and Eldorado Gold in 1980's and 1990's and have worked together for nearly 40 years. Hawthorne's VP of Operations, Michael Redfearn, has over thirty-five years of mining, metallurgical, environmental and construction experience in the industry. Mr. Redfearn was Vice President of Operations for bcMetals Corporation, where he was responsible for the oversight of the feasibility study on the Red Chris project in Northern British Columbia. Mr. Redfearn was Mine Manager at the Cantung Mine in the Northwest Territories and held various senior positions with Cominco Limited. Combined with a strong board of Directors from across the mining industry, Hawthorne's goal is to become a successful gold company through focused exploration and development initiatives and potential acquisitions.
Hawthorne is currently advancing the Frasergold Property, which is optioned from Eureka Resources Inc. ("Eureka")(TSX VENTURE: EUK), with an exploration and development program that includes the ongoing 5,000 meter drill program to be completed by the end of 2007. The current exploration and development program also includes surface trenching, underground channel and bulk sampling, and property wide aerial surveys (magnetic, EM and radiometric). The underground bulk sample will assist in developing a mill process flow sheet for the planned feasibility study on the Frasergold Deposit. Hawthorne's short term objective is to convert the historic gold resource of Frasergold to a National Instrument ("NI") 43-101 compliant resource estimate.
Pursuant to an option agreement dated October 31, 2006 between Hawthorne and Eureka Resources Inc., Hawthorne can earn a 51% interest in the Frasergold property by completing exploration expenditures totaling $3.5 million, completing a feasibility study by April 30, 2010 and making cash payments totaling $175,000 before October 31, 2009. Hawthorne can earn a further 9% (for a total of 60%) by arranging financing for 70% of the estimated capital costs for production.
About Cusac Gold Mines Ltd.
Cusac is a junior gold exploration and past-producing company focused primarily on the Cassiar Gold Property, a 175 square kilometre package of mineral claims located in north central British Columbia, Canada. The Cassiar Gold Property hosts a number of gold assets, including the Taurus Deposit, the fully permitted Table Mountain Gold Mine, and the Taurus II early stage exploration area.
The Taurus Deposit is located partly on claims owned 100% owned by Cusac and on claims owned by American Bonanza Gold Corp ("Bonanza"). The Taurus Deposit hosts a 43-101 compliant inferred gold resource of 1.04 million ounces consisting of 32.4 million tonnes at a grade of 1.0 g/t (technical report prepared by Wardrop Engineering available at www.sedar.com). Under an option agreement dated June 7, 2007, Cusac obtained the right to acquire 100% of Bonanza's mineral claims covering Bonanza's portion of the Taurus Deposit. The agreement calls for Cusac to pay Bonanza 1.5 million shares of Cusac upon TSX approval (paid), $6 million in cash through 4 payments of $1.5 million every 6 months commencing December 21, 2007, an additional $3 million payable 60 days following the earlier of the receipt by Cusac of a feasibility study recommending commercial production and the date the commercial production is commenced, plus an additional 1.5 million shares within 24 months of approval.
The fully permitted Table Mountain Gold Mine has produced over 316,000 ounces of gold since opening in the late 1970's. The mine has supporting infrastructure, including a 300-ton per day mill, private roadways, underground workings, shops, buildings, and underground mining equipment. Cusac re-opened the mine in 2006-2007 but saw limited production. Winterization of the mine was completed to ensure a smooth resumption of development activities at a later date. The East Bain and Rory Veins total 44,000 tons of Probable Mineral Reserves grading 0.49 ounces per ton containing 21,360 ounces of gold (technical report available at www.sedar.com).
The Taurus II Project is designed to explore claims owned 100% by Cusac to the south of the Taurus Deposit.
George Sanders, M.Sc., P. Geo, the Qualified Person under National Instrument 43-101 is responsible for the technical portion of this News Release.
Combined Board of Directors
On closing, the combined board of directors will be set at six members, comprising the current five board members of Hawthorne and the addition of Cusac board member, Dale A. Sketchley, M.Sc. P.Geo, a leading expert in Quality Assurance-Quality Control in the mining industry.
In addition, the officers of Hawthorne will continue in their current roles as officers of the combined company on closing. Cusac President and CEO David Brett, MBA will join senior management in a position to be announced. Cusac VP of Exploration Lesley Hunt, B.Sc., will join Hawthorne's technical team related to the Cusac properties.
For More Information
For more information on Hawthorne, contact Robert Ferguson at (604) 629-1505 or toll free at 1-888-629-1505 or Todd Hanas toll free at 1-866-869-8072, or you can visit the Company's website at www.hawthornegold.com.
For more information on Cusac, contact Ravinder Mlait at (604) 682-2421 or toll free at 1-800-670-6570, or you can visit the company's website at www.cusac.com.
HAWTHORNE GOLD CORP. CUSAC GOLD MINES LTD.
Richard J. Barclay David Brett
President & CEO President & CEO
Certain information regarding the companies including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with mining exploration and development, volatility of prices, currency fluctuations, imprecision of resource estimates, environmental and permitting risks, access to labour and services, competition from other companies and ability to access sufficient capital. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements.
The TSX and TSX Venture Exchange have not reviewed and does not accept responsibility for the adequacy of this release.
Contacts:
Cusac Gold Mines Ltd.
Investor Relations
Toll Free: 1-800-670-6570 (Canada) or 1-800-665-5101 (USA)
Email: info@cusac.com
Website: www.cusac.com
Source: Marketwire (November 9, 2007 - 9:41 AM EST)
News by QuoteMedia
www.quotemedia.com
Cusac Drills 1.15 Grams Gold Over 87 Meters and 6.39 Grams Over 15 Meters at Taurus Deposit
Monday August 13, 9:00 am ET
http://ca.us.biz.yahoo.com/iw/070813/0289684.html
VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Aug 13, 2007 -- David H. Brett, President, Cusac Gold Mines Ltd. (Toronto:CQC.TO - News)(OTC BB:CUSIF.OB - News)(Frankfurt:DCB.F - News) (hereinafter "Cusac"), reports that assay results from 07TC-03, 04, 06 and 07 at the Taurus Deposit continue to confirm broad zones of near surface low-grade gold mineralization and also reveal higher grade zones within the deposit. Hole 07TC-03 returned 1.15 grams per tonne gold over 87.2 meters, including 2.14 grams over 30.3 meters. Hole 07TC-04 returned 1.81 grams over 66.8 meters, including, 15.2 meters grading 6.39 grams. Hole 07TC-07 assayed 0.93 grams over 116.5 meters, including 30.6 meters grading 2.65 grams. The foregoing grades are not capped. Please see detailed results in the table below for the uncapped and capped grades. The Taurus Deposit hosts a 43-101 compliant inferred resource of 1.04 million ounces of gold and is located near Cassiar in northern British Columbia.
Cusac is completing a 20 hole infill, step-out, and metallurgical diamond drill program designed to increase the overall tonnage and grade of the deposit, improve confidence in the resource calculation, and obtain material for detailed metallurgical testing. Further drill results from the Taurus Deposit are expected in the coming weeks.
All the holes of the 2007 Taurus drilling program have intersected intensely altered volcanics hosting abundant quartz veins and stringers, some containing visible gold. These types of mineralized zones are known as either T4 (greater than 5% quartz) or T4A (less than 5% quartz) and have shown good gold recoveries in previous metallurgical studies. Cusac geologists are also reviewing several kilometers of previously unsampled drill core stored on site to test potential low grade mineralization that was overlooked in past drilling. Any additional low grade material discovered could add resources to the deposit.
"The Taurus Deposit continues to show potential increase in grade and overall size," said Cusac CEO, David Brett. "Our team is doing an excellent job moving this large scale gold resource forward quickly and efficiently."
--------------------------------------------------------------
CAPPED at
Hole No. From (m) To (m) Au g/T 12.42 g/T(i) m Core
--------------------------------------------------------------
--------------------------------------------------------------
07TC-03 14.8 102.0 1.15 0.96 87.2
incl. 14.8 45.1 2.14 1.59 30.3
incl. 14.8 21.5 5.28 2.78 6.7
--------------------------------------------------------------
07TC-04 1.1 67.86 1.81 0.88 66.76
incl. 52.7 67.86 6.39 2.26 15.16
--------------------------------------------------------------
07TC-06 4.2 139.7 0.56 0.56 135.5
incl. 42.3 82.9 1.07 1.07 40.7
--------------------------------------------------------------
07TC-07 55.5 171.9 0.93 0.90 116.5
incl. 111.1 171.9 1.52 1.45 60.9
incl. 141.4 171.9 2.65 2.49 30.6
--------------------------------------------------------------
(i)This column shows average assay results if assays over
12.42 g/t are capped at 12.42, which is a factor derived
from the 2006 Wardrop Engineering 43-101 report on the
deposit.
Cusac Gold Mines Ltd., in existence since 1966, is a gold production and exploration company focused on the 175 square KM Cassiar Gold Property in northern British Columbia. Please visit our website www.cusac.com for more information.
George Sanders, M.Sc., P. Geo, is the Qualified Person under National Instrument 43-101 for the technical portion of this News Release. All assays reported in this news release were prepared by Eco Tech Laboratory Ltd. of Kamloops, B.C.
CUSAC GOLD MINES LTD.
David H. Brett, President & CEO
Forward Looking Statements
There are forward-looking statements contained herein that are not based on historical fact, including without limitation statements containing the words "believes", "may", "plans", will", "estimate", "continue", "anticipates", "intends", "expects" and similar uncertainties and other factors that may cause the actual results, events or developments to be materially different from any future results, events or developments expressed or implied by such forward-looking statements. Such factors include, among others, Cusac's exploration results, lack of revenues, additional capital requirements, risks associated with the exploration activity. These factors should be considered carefully and readers are cautioned not to place undue reliance on such forward-looking statements. The Company disclaims any obligation to update any such factors or to publicly announce the result of any revisions to any of the forward-looking statements contained herein to reflect future results, events or developments.
The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Contact:
Contacts:
Cusac Gold Mines Ltd.
Investor Relations
Toll Free: 1-800-670-6570 (Canada) or 1-800-665-5101 (USA)
Email: info@cusac.com
Website: http://www.cusac.com
Source: Cusac Gold Mines Ltd.
http://investorshub.advfn.com/boards/getboards.asp?SearchStr=cusac
Good news from Cusac
Cusac Gold Mines Ltd.: Taurus Drilling Yields 1.25 Grams Gold Over 80 Meters, 27.9 Grams Gold over 5.5 Meters
Vancouver, British Columbia CANADA, FSC, Jul 31, 2007 (M2 PRESSWIRE via COMTEX) -- Cusac Gold Mines Ltd. (CQC - TSX, CUSIF - OTCBB), David H. Brett, President, Cusac Gold Mines Ltd. (hereinafter "Cusac"), reports that assay results from the first two 2007 Taurus Deposit drill holes confirm broad zones of near surface low-grade gold mineralization and also reveal a higher grade zone at depth over significant widths. Hole 07TC-01 returned 1.25 grams per tonne gold over 79.9 meters and a separate, lower zone grading 27.9 g/t over 5.5 meters (0.90 ounces per ton over 18 feet). Hole 07TC-02 returned 1.14 grams per tonne over 64.2 meters. The foregoing grades are not capped. Please see detailed results in the table below for the uncapped and capped grades. The Taurus Deposit hosts a 43-101 compliant inferred resource of 1.04 million ounces of gold and is located near Cassiar in northern British Columbia.
Cusac is completing a 25 hole infill, step-out, and metallurgical diamond drill program designed to increase the overall tonnage and grade of the deposit, improve confidence in the resource calculation, and obtain material for detailed metallurgical testing. Further drill results from the Taurus Deposit are expected in the coming weeks.
The first two holes of the 2007 Taurus drilling program intersected intensely altered volcanics hosting abundant quartz veins and stringers, some containing visible gold. These types of mineralized zones are known as either T4 (>5% quartz) or T4A (<5% quartz) and have shown good gold recoveries in previous metallurgical studies. Cusac geologists are also reviewing several kilometers of previously unsampled drill core stored on site to test potential low grade mineralization that was overlooked in past drilling. Any additional low grade material discovered could add resources to the deposit.
Much of the historical Taurus deposit drilling was completed on 50 meter spacing. Cusac's infill drilling will halve this to 25 meter spacing and is a first step in taking the Taurus resource from the inferred category to an indicated category. The lower, narrower horizon of strongly mineralized volcanics apparent in 07TC-01 includes an extremely high gold assay of 145.0 g/t over 1. 0 meter (4.66 ounces per ton over 3.28 feet). This result shows good potential for infill drilling to increase the grade of the deposit.
"These early results from Taurus are very encouraging," said Cusac CEO David H. Brett. "We are seeing good grades over broad zones in material known to exhibit high gold recoveries in previous metallurgical testing."
"There are a few high grade spikes in the data, often where the geologists also observe visible gold in the core, but the overall effect of capping these gold grades has little effect on average grade over long intervals confirming the true disseminated nature of the Taurus mineralization," stated George Sanders, M.Sc., P. Geo, the Qualified Person under National Instrument 43-101 for the technical portion of this News Release.
-***- --------------------------------------------------------------- Capped at Hole ID FROM TO g/T 12.42 g/T* m Core --------------------------------------------------------------- 07TC-01 3.05 83.00 1.25 1.15 79.95 incl 12.15 63.90 1.61 1.46 51.75
07TC-01 100.40 111.55 14.0 2.11 11.15 incl 101.90 107.40 27.9 3.84 5.50
07TC-02 5.50 69.70 1.14 1.14 64.20 incl 14.30 52.85 1.29 1.29 38.55 incl 66.40 69.70 5.06 5.06 3.30 --------------------------------------------------------------- *This column shows average assay results if assays over 12.42 g/t are capped at 12.42, which is a factor derived from Wardrop Engineering's 43-101 report on the deposit.
-****-
Cusac Gold Mines, Ltd., in existence since 1966, is a gold production and exploration company focused on the 175 square KM Cassiar Gold Property in northern British Columbia. Please visit our website www.cusac.com for more information.
All assays reported in this news release were prepared by Eco Tech Laboratory Ltd. of Kamloops, B.C.
Cusac Gold Mines Ltd.: New 43-101 Report Confirms
1.04 Million Ounce Taurus Resource
Taurus Drilling Underway, Oro Assays Pending
June 14, 2007 - 9:11 AM EDT
Cusac Gold Mines Ltd.
(TSX: CQC)(OTCBB: CUSIF)(FRANKFURT: DCB)
("Cusac"), David H. Brett, President, reports that a
National Instrument 431-103 compliant technical report
prepared by -
Wardrop Engineering Inc. -
has confirmed that the Taurus Deposit contains an Inferred
Mineral Resource of 32.4 million tonnes at an average
gold grade of 1 g/t, equating to 1,040,886 troy ounces of
gold (see table below).
The report also includes a $1 million recommended
exploration program.
A 25-hole diamond drill program is now underway to expand
and further define the Taurus Deposit.
A team of geologists led by Cusac VP of Exploration
Lesley Hunt and Senior Project Geologist Mike Glover
is supporting the drill program and executing on a series
of other recommendations in the report.
Drilling on the Oro Vein is now complete and assays are
pending.
The Taurus Deposit is located partly within claims under
option from another company and partly within Cusac's
100% owned 175 square kilometer Cassiar Gold Property
(formerly called the Table Mountain Gold Property),
which also hosts the Table Mountain Gold Mine,
the Taurus II Project, and many other gold prospects
along a 10 Kilometer long gold trend.
A copy of the Wardrop report will shortly be available
online at www.sedar.com.
Cusac believes that the Taurus Deposit resource has
the potential to increase in size, grade and
resource confidence level, particularly in
the 88-Hill and 88-West zones, which form the heart
of the deposit.
Cusac's immediate goal is to complete the additional work
required to commence an NI43-101 compliant pre-feasibility
study, focusing on the 88-Hill zone as a
potential starter pit.
A previous scoping study was completed by
Mineral Resources Development Inc. in 1996 for
Cyprus Canada Inc. and metallurgical testing was carried
out at that time by Hazen Research and others.
The Hazen work showed 77% whole ore cyanide leach gold
recovery for crushed and milled 88-Hill mineralization
and 95% floatation recovery.
Some of the Taurus mineralization, mainly in
the Taurus West zone, has been found to be refractory,
whereas the bulk of the resource has been found to
exhibit reasonable recovery rates.
A detailed review of past metallurgical work is contained
in the Wardrop report.
Wardrop recommends that new metallurgical tests be completed
to verify past work and to determine if
the Taurus Deposit is heap-leachable.
Key findings and recommendations of the Wardrop report include:
- The resource calculation is based on 372 drill holes and
15,787 assays:
- Numerous un-sampled drill core intervals
(mainly pre-1994 drilling) has lead to a conservative
resource estimate and this core should be sampled
and assayed (underway)
- Re-logging of drill core should be done to integrate
past work into a consistent lythological framework and
thereby increase confidence in the resource (underway)
- A reliable geological model for the deposit should
be developed to add further confidence to future
resource calculations (underway)
- Infill drilling (14 holes recommended at 150 meters each)
is recommended
- Larger diameter metallurgical drilling (HQ, 6 holes)
mainly on 88-Hill followed by column and other
tests is recommended (underway)
- The deposit is potentially heap leachable.
Encouraging past recoveries of up to 74% need to be
properly defined and confirmed (underway)
- Exploration drilling (5 holes) should be completed to
test possible expansion of the deposit to the west
Summary of Inferred Mineral Resource Estimate
at 0.50 g/t Au Cutoff:
--------------------------------------------------
Average
Tones Grade Contained
Zone Name (000's) (gt/Au) Ounces of Gold
--------------------------------------------------
Sable 1,350 1.32 57,339
--------------------------------------------------
88 Hill 8,505 1.15 315,797
--------------------------------------------------
88 West 13,102 0.87 366,930
--------------------------------------------------
Highway 2,456 0.98 77,276
--------------------------------------------------
Taurus West 3,709 1.02 121,056
--------------------------------------------------
Taurus 2,348 0.99 74,489
--------------------------------------------------
Plaza 917 0.95 27,999
--------------------------------------------------
Total 32,386 1.00 1,040,886
--------------------------------------------------
"Cusac is moving quickly to leverage all of its assets on its newly expanded and enhanced Cassiar Gold Property," said Cusac CEO David H. Brett. "Investors should note that we have decided to rename the Table Mountain Gold Property the Cassiar Gold Property to help clarify the true scope of Cusac's gold assets near Cassiar. The Cassiar Gold Property now encompasses the Taurus Deposit, the Table Mountain Gold Mine, all the gold zones in the Taurus II project area (Oro, Backyard, Somerville, Blue), Wings Canyon, the Vollaug Vein, and a multitude of other gold veins and showings in the district."
George Sanders, P.Geo, is a Qualified Person under National Instrument 43-101 for the technical portion of this News Release.
Cusac Gold Mines, Ltd., in existence since 1966,
is a gold production and exploration company focused
on the Cassiar Gold Property in northern British Columbia.
Please visit our website -
http://www.cusac.com
for more information.
CUSAC GOLD MINES LTD.
David H. Brett, President & CEO
Forward-Looking Statements
There are forward-looking statements contained herein that are not based on historical fact, including without limitation statements containing the words "believes", "may", "plans", will", "estimate", "continue", "anticipates", "intends", "expects" and similar uncertainties and other factors that may cause the actual results, events or developments to be materially different from any future results, events or developments expressed or implied by such forward-looking statements. Such factors include, among others, Cusac's exploration results, lack of revenues, additional capital requirements, risks associated with the exploration activity. These factors should be considered carefully and readers are cautioned not to place undue reliance on such forward-looking statements. The Company disclaims any obligation to update any such factors or to publicly announce the result of any revisions to any of the forward-looking statements contained herein to reflect future results, events or developments.
The TSX has not reviewed and does not accept responsibility
for the adequacy or accuracy of this release.
Contacts:
Cusac Gold Mines Ltd.
Investor Relations
Toll Free: 1-800-670-6570 (Canada) or
1-800-665-5101 (USA)
Email: info@cusac.com
Website: http://www.cusac.com
Source: Market Wire (June 14, 2007 - 9:11 AM EDT)
News by QuoteMedia
www.quotemedia.com
its a start - nice time comming :)
want to see another flagpost made -
LT wave 2 in making -
http://www.investorshub.com/boards/quotes.asp?ticker=t.cqc
http://www.investorshub.com/boards/board.asp?board_id=8207
http://www.investorshub.com/boards/board.asp?board_id=8209
http://www.siliconinvestor.com/subject.aspx?subjectid=56967&ref=IH
Bad news from Cusac: Cusac Gold Mines Ltd.: Cusac Reports Q1 2007 Results
Vancouver, British Columbia CANADA, May 16, 2007 (M2 PRESSWIRE via COMTEX) -- Cusac Gold Mines Ltd. (CQC - TSX, CUSIF - OTCBB), reports that during the three month period ending March 31, 2007 the Company posted a net loss of $1,884,379, or $0.03 per share. The loss is attributable to significantly lower than expected gold production from the Rory Vein at the Company's Table Mountain Property, due mainly to structural and mineralogical complexities previously reported on March 23, 2007. During the quarter the Company processed 3,503 tons of ore with an average grade of 0.109 ounces per ton gold, resulting in production of 319 ounces of gold and revenue of $193,758 (net of treatment and refining charges). Subsequent to March 31, the Company processed an additional 2,688 tons at an average grade of 0.141 opt gold producing an additional 315 ounces of gold.
In light of the low tonnage and grades experienced at the Rory Vein, the Company has initiated a review of the structure, including ongoing drilling, to better understand and define the resource. In the meantime, the Company has remobilized all mining staff and equipment to the East Bain Vein, where a probable reserve of 28,000 tons grading 0.50 opt gold (14,000 ounces) has been outlined. The East Bain is an extension West Bain, where Cusac mined 60,000 tons of ore grading 0.40 opt gold between 1993 and 1995. Until the review of the Rory Vein is complete, the Company is reducing its forecast production to 14,000 ounces for 2007, representing production from the East Bain Vein, expected to commence in the 3rd quarter of 2007. The Company has also reduced its work force at the mine site during the East Bain Vein development period.
"The Rory Vein has been a very frustrating experience for Cusac," said Cusac CEO David H. Brett. "The Rory is a north-striking vein that lies at 90 degrees to the east-west trend of all the rest of the high-grade gold veins in the district. When we encountered the Rory underground, we found it to be disrupted by numerous faults, and the gold grades and continuity were not nearly as consistent as we have come to expect from past experience. We are therefore driving towards the more predictable, east-west striking East Bain orebody, an extension of the highly productive West Bain Vein, where the bulk of the probable reserves lie. We are still very hopeful that with more drilling and other information we will be able to reopen the Rory Vein for mining later in the year."
Cusac Director George Sanders, P.Geo is the Qualified Person under national Instrument 43-101 for the technical portion of this News Release. To review the Company's unaudited 3 months financial statements to March 31, 2007 and accompanying Management Discussion and Analysis, please visit www.sedar.com.
CUSAC NEWS:
Cusac Gold Mines Ltd.: Taurus Project and Table Mountain Mine Update
Friday March 23, 2007 16:19:26 EDT
VANCOUVER, BRITISH COLUMBIA, Mar 23, 2007 (CCNMatthews via COMTEX News Network) --
David H. Brett, President, Cusac Gold Mines Ltd. (TSX: CQC)(OTCBB: CUSIF)(FRANKFURT: DCB) the "Company"), provides the following update on the Taurus Project and gold production at the Company's adjoining Table Mountain Gold Mine, both located in Northern BC. The Company is the 100% owner and operator of the Table Mountain Gold Mine and recently signed an agreement in principle to acquire 100% of the Taurus Project, subject to a definitive agreement and TSX approval now in process.
Taurus Project
The Company has retained Wardrop Engineering Inc. to prepare a NI 43-101 report covering the Taurus Project. A site visit is currently underway. An earlier (2006) 43-101 report prepared by Wardrop on behalf of American Bonanza Gold Corp. estimated an open-pit, bulk tonnage inferred resource of 1.04 million ounces at a grade of 1.0 g/t Au on the entire Taurus Project, taking into consideration both the American Bonanza portion (70%) and the Cusac portion (30%). A revised version of this report excluding Cusac's 30% portion of the deposit is currently available on American Bonanza's Sedar web site. The new report when completed will cover the entire Taurus Deposit and will be posted on Cusac's Sedar web page. Investors are encouraged to read the February 2006 Wardrop Engineering Inc. report that is available at American Bonanza's www.sedar.com web page.
The February 2006 Wardrop report concludes that, based upon a very preliminary economic analysis, an operating profit could be achieved even at a gold price of US$450/oz. The Waldrop report gives clear and positive recommendations for further work to upgrade and expand the Taurus resource via a pre-feasibility study focusing on better understanding the metallurgy and the geologic model.
"The Taurus Deposit is an advanced stage project that Cusac believes can quickly be advanced to pre-feasibility stage," said Cusac CEO David Brett. "We are now developing a detailed Taurus drilling, geological and metallurgical program for 2007 with the first step being the commissioning of the new Wardrop Report."
Table Mountain Gold Mine
The Company has experienced two challenges in the 1st quarter of 2007 that have impacted gold production. Firstly, the Rory Vein, has demonstrated unexpected structural complexity between drill holes, slowing the Company's ability to develop consistent ore blocks for mining. Initial underground development delineated quartz veins and stringer zones much wider than expected, but containing lower grades. As a result, significantly lower tonnage and lower grades have been processed than the Company had hoped for.
However, recent developments have been more encouraging. The unforeseen structural complexities have predominantly been in the north end of the vein, with the south end of the Rory Vein becoming much more typical of Table Mountain quartz veins. The "South Panel", one of the ore blocks now being mined, assayed 0.39 ounces per ton over a 20 meter strike length of vein averaging 2.52 meters true width. This ore, as well as other higher grade material, will be milled in April.
Secondly, the Company's 300 ton per day mill had to be temporarily shut down due to a problem with the conveyer system that feeds the crushing circuit. A work-around solution was put in place and milling resumed. The mill and crushing systems themselves are not impaired in any way; rather, the method for feeding ore into the crusher is impaired. A portable crushing and conveyor system has been put in place to bypass the impaired conveyor system until spring thaw, when re-building and reinforcement of the ramp, conveyor and associated structures will be undertaken. The Company does not expect any ongoing impairment to its ability to process ore or substantial repair cost for the conveyor system.
Production Outlook
The Company's projected gold production for 2007 is based on probable reserves of 44,000 tons grading 0.49 opt in the Rory Vein (16,000 tons grading 0.46 opt) and the East Bain Vein (28,000 tons grading 0.50 otp). The Rory Vein differs from previously mined structures at Table Mountain in that it strikes north-south. This vein orientation has displayed unexpected complexities that will likely slow the rate of production from this vein. The East Bain is a normal east-west structure and is not expected to display similar mining complexities.
The Company's initial plan in 2006 was to commence mining at Rory because the amount of advance development was significantly less than the East Bain. Upon achievement of positive cash flow, development of the East Bain was to commence. As a result of the difficulties described above, development of the East Bain was delayed. The Company plans to continue mining the Rory Vein during the second quarter and start development of the East Bain in early April. This will result in ore from the East Bain Vein being processed mainly in the third quarter of 2007.
The Company believes it is still on track to process the 44,000 tons of reserves outlined in 2007, but the bulk of this gold production is now expected in the second half of 2007.
"The Cusac mining and geological team has been working hard to overcome the start-up challenges we have been facing," said Cusac CEO David Brett. "I am confident that 2007 will be a good year for Cusac with the production challenges behind us and the Taurus Project advancing rapidly." George Sanders, P.Geo is the Qualified Person responsible for the technical portion of this news release under National Instrument 43-101.
Great news for Cusac:
Cusac Gold Mines Ltd.: Cusac to Gain 100% Control of 1.04 Million Ounce Taurus Project
Vancouver, British Columbia CANADA, Mar 02, 2007 (M2 PRESSWIRE via COMTEX) -- Cusac Gold Mines Ltd. (CQC - TSX, CUSIF - OTCBB), David H. Brett, President, reports that the Company has reached an agreement in principle with American Bonanza Gold Corp. ("Bonanza") to acquire 100% of Bonanza's Taurus Project mineral claims near Cassiar, BC (the "Property"), which hosts a 724,000 ounce inferred gold resource, and which, when combined with Cusac's portion of the Taurus Project, comprises a 1.04 million ounce inferred gold resource.
Subject to TSX approval and the execution of a definitive agreement, the agreement in principle calls for Cusac to pay Bonanza 1.5 million shares of Cusac upon TSX approval, $6 million in cash through 4 payments of $1.5 million every 6 months commencing 6 months following TSX approval, an additional $3 million payable 60 days following the earlier of the receipt by Cusac of a feasibility study recommending commercial production on the Property and the date the Property is placed into commercial production, plus an additional 1.5 million shares within 24 months of approval.
The parties have further agreed that if the spot price of gold closes above US$800 per ounce for a period of 100 consecutive trading days within the 24 month period, then Cusac will pay Bonanza an additional $1 million within 24 months and an additional $1 million at feasibility or commencement of commercial production. In the event that Cusac completes the purchase of the Property within 12 months of approval, then total consideration paid by Cusac to Bonanza will be limited to $6 million within the 12 months, $3 million at feasibility, and the initial 1.5 million shares. The agreement in principle calls for Bonanza to not vote any shares received by Bonanza against management of Cusac.
The Taurus Project is contiguous with Cusac's Table Mountain Property and has been explored over the years by International Taurus Resources Inc. (now merged with Bonanza), Cyprus Canada, Inc., Cusac, and others. In 2006, a 43-101 compliant technical report prepared by Wardrop Engineering estimated an inferred gold resource of 1,040,000 ounces contained in 32,386,000 tons grading 1 gram/tonne based on over 370 drill holes located on claims owned by Cusac and Bonanza.
"I am thrilled that Cusac and American Bonanza have been able to reach an agreement that consolidates the Cassiar Gold Camp," said Cusac CEO David H. Brett. "Having the producing high-grade Table Mountain gold mine, Taurus II exploration project and the Taurus Project under Cusac's control will help us achieve our vision of developing the Cassiar region as premier gold producing area in BC and significantly growing our gold production in the future."
G.H.Brett,Cusac founder,recieves Perseverance Award.
Cusac Receives 2007 Industry Perseverance Award
New Corporate Video Posted to Web Site
David H. Brett, President, Cusac Gold Mines Ltd. (TSX: CQC)(OTCBB: CUSIF)(FWB: DCB) (the "Company"), reports that Cusac founder and Chairman Guilford H. Brett was honored with the Industry Perseverance Award at the 2007 Cambridge House Gala Awards Dinner and Art Auction held January 20th at the Grand Ballroom Vancouver Convention and Exhibition Centre. The award was bestowed on Cusac in part for being the only metal mining company to commence production in 2006 and overcoming significant obstacles to achieve this goal.
"The story of Cusac is very much the story of Guilford Brett," said J. Frank Callaghan, last year's recipient who presented the Award to Cusac. "In the 50s and 60s Guil and his brother Fred spent their spare time prospecting. In the daytime Guil made his living as a music teacher at a Vancouver high school. In 1966 he left teaching to devote himself full time to prospecting with Glen Copper, a company he took public on the VSE. In 1972 the name was changed to Cusac."
The Company has posted a 9 minute corporate video prepared by BTV Business Television on it's web, www.cusac.com, which is now available for viewing. The video will also be broadcast by BTV on it's internationally televised program starting in mid February.
Cusac Gold Mines Ltd. is a gold mining and exploration company in existence since 1966. Cusac has a dominant land position in the Cassiar Gold Camp of northern BC, and is producing gold from high-grade quartz veins on Table Mountain. Cusac also owns over 30% of the low-grade, bulk tonnage, million-ounce resource at the Taurus deposit, and is exploring for more bulk-tonnage, disseminated gold mineralization nearby at its 100% owned Taurus II project. Please visit our website www.cusac.com for more details.
CUSAC GOLD MINES LTD.
David H. Brett, President & CEO
Forward Looking Statements
There are forward-looking statements contained herein that are not based on historical fact, including without limitation statements containing the words "believes", "may", "plans", will", "estimate", "continue", "anticipates", "intends", "expects" and similar uncertainties and other factors that may cause the actual results, events or developments to be materially different from any future results, events or developments expressed or implied by such forward-looking statements. Such factors include, among others, Cusac's exploration results, lack of revenues, additional capital requirements, risks associated with the exploration activity. These factors should be considered carefully and readers are cautioned not to place undue reliance on such forward-looking statements. The Company disclaims any obligation to update any such factors or to publicly announce the result of any revisions to any of the forward-looking statements contained herein to reflect future results, events or developments.
On Topic.Weak Hand Shakeout over.Buying pressure pervasive.
http://stockcharts.com/charts/gallery.html?cusif
Cheers!
Bob....................................................
I see you and Goldie and friends,have a new board without idiotic and worthless postings,at the new "Utah PM" site.Very nice,and informative.
Cheers!
tecch10000 thanks, Gold Spot (FOREX:XAUUSDO) -
Cusac made a BreakOut start -
Gold Bullions starting a BreakOut of
Bullish pennant -
want to see another flagpost made -
LT wave 2 in making -
http://www.investorshub.com/boards/quotes.asp?ticker=t.cqc
http://www.investorshub.com/boards/board.asp?board_id=8207
http://www.investorshub.com/boards/board.asp?board_id=8209
http://www.siliconinvestor.com/subject.aspx?subjectid=56967&ref=IH
Bob,you have an eye for winners! Very nice,FAIR,move.
he true value is coming out!Cashflows will benefit the company immensely.Very nice,and HARD earned profits,with plus 650 usd POG.This,to date,has been a great investment! Very satisfied.Great work by the Cusac Team!
Cheers!
To 'tecch10000' on 'Cusac Gold Mines Ltd. -
enjoy the Cusac BreakOut ride -
its a start - nice time comming :)
Very important - T.CQC - we hiking back UP -
Guil, its time to GO -
I carry 44Redhawk -
sing along -
scare the grizzlies away -
don't want the mess -
to digg them down -
http://www.investorshub.com/boards/board.asp?board_id=8207
Important info about Cusac Gold Mines: http://www.webpennys.com/profiles/cusac.html
The Goldman Girls in NY,are failing to smash POG.
The increase in paper commercial shorts,is failing to stifle Spot buying interest,once the paper manipulation session closes.
Squeeze the commercials,manipulators big short? Could happen here.Like in Coffee,years back.Would'nt that be a treat!Plus 700 usd pog,with a trend,will help the bottom line of Cusac immensely,for the coming fiscal year 2007,now that the first pour is complete.Explorer to Producer,has historicly been the best best odds for juniors.And this is one tough little junior miner.Not much selling interest out there.
Cheers!
To 'tecch10000' on 'Cusac Gold Mines Ltd.' -
Welcome to Cusac Gold Mines Ltd. -
its done -
and its great that you want to be on the Cusac -
assist on the moderator side -
my pleasure -
http://www.investorshub.com/boards/board.asp?board_id=8207
Goldie,piran,have the uxxx board handled.
I like Cusac .An interesting story,as well as a lot of blood,sweat,and tears.Hopefully,their time has come to be rewared for staying the course.They deserve 1000 USD fiat plus/Oz. for their efforts,imo.I'll assistant modeate here.
Cheers!
NYB.Good link.Not to worry....
My Grandfather was a Colonel in the Czars Cavalry,and a Mayor.
My Grandmother,a Latvian middle class,daughter of a businessman,baker.
They barely escaped with their lives,to Germany,then USA.
My grandparents warned me,about the true world threat.
They saw it first hand.
I am well aware.Finger on the pulse.
Cheers!
Thank Goodness.Some sanity.Nice board NYB.Shhhhhh.
Anyways,from past producer,to explorer,to producer again,is not too shabby.I had the .10 when NO ONE wanted shares.Fine by me.Remember Super Invest 1 from the QEE board?.He seemed to think Mr.Brett's reputation was well.Since it fits the profile for risk management,It seems time to bid on Mon.for the rest of my position.
Cheers!
To 'silver_bars' on 'Cusac Gold Mines Ltd. -
Cusac Gold Mines Ltd. - include in -
GOLD (Au) PRODUCERS -
http://www.investorshub.com/boards/board.asp?board_id=5404
Nice to hear that David - CEO of Cusac...
he even mentioned they toyed -
with the idea of paying out divdends -
in Gold bullion -
http://www.investorshub.com/boards/board.asp?board_id=8209
http://www.investorshub.com/boards/board.asp?board_id=8207
NYBob... my source on the dividends was the current CEO of Cusac... he even mentioned they toyed with the idea of paying out divdends in Gold bullion some years ago... he didn't mention the year(s), but the company history goes back to 1966.
Inside Cusac's mill (from earlier days);
Cusac Video:
http://www.b-tv.com/i/videos/cusac.wmv
To 'silver_bars' on 'Cusac Gold Mines Ltd. -
Cusac Industries Inc. 1965 -
Cusac has been in the mining for a long time -
I had the shares for a long time -
and in 1987 they were $4.20 high -
I have in my notes -
its possible they did -
but the bigchart don't -
go back long enough -
the mine has been of very high grade -
and its possible it happened -
give David H. Brett a call -
Telephone:
(604) 682-2421
Facsimile:
(604) 682-7576
Website:
http://www.cusac.com
Imo. Tia.
NYBOB: I heard that Cusac previously paid dividends at some time during it's previous production days... have you heard anything about dividends before?.
ChineseWorldNet.com Inc.: Global Chinese Financial
Forum-Vancouver Conference-The Greatest Networking Opportunities
for Financial Knowledge Exchange
VANCOUVER, BRITISH COLUMBIA, Feb 1, 2007
(CCNMatthews via COMTEX News Network) --
ChineseWorldNet.com Inc. (OTCBB:CWNOF)
is proud to present the Global Chinese Financial Forum (GCFF) --
Vancouver Conference 2007,
which is going to be held this Saturday February 3rd at
Hilton Vancouver Hotel (Metrotown) located in Burnaby, BC.
This year's Vancouver conference is the largest and biggest in
both scale and scope in the West Coast.
Over 40 exhibitors from various industries and over 15 companies
with more than 18 professionals are going to present during
the Conference.
Spotlight of the GCFF is going to be focused on wealth
management and investment opportunities.
A special coverage on RRSPs has also been integrated to tailor
for the upcoming tax season.
GCFF created the networking opportunities for investors,
as most exhibitors are well-known publicly listed companies.
Namely, some of our exhibitors include -
Cusac Gold Mines Ltd. (TSX:CQC)
Welcome - Cusac Gold Mines Ltd. -
http://www.investorshub.com/boards/board.asp?board_id=8207
Javelin Pharmaceuticals Inc. (AMEX:JAV),
Pacific North West Capital Group (TSX:PFN)
and YGC Resources Ltd. (TSX:YGC).
From the financial sector, we have E-Trade Canada,
TD Waterhouse Canada Inc.,
BMO Nesbitt Burns, and more.
"2007 will be a record year for us.
The success of the Vancouver Conference
will inevitably lay a strong foundation for
the forthcoming events of
the GCFF Series 2007 in San Francisco (June),
Shanghai (July)
and Toronto (October).
Our mandate is to continue serving the Chinese investor
community in North America with our unique,
bi-lingual financial conferences which have grown
to become a symbolic event in the Chinese circle,"
commented by Mr. Gilbert Chan,
SVP Marketing and Investor Relations of
ChineseWorldNet.com Inc.
For details and registration of GCFF --
Vancouver Conference,
please visit
www.gcff.ca.
About Global Chinese Financial Forum (GCFF)
Started in year 2000, GCFF (www.gcff.ca)
is a series of financial events annually held
by ChineseWorldNet.com Inc.
(www.cwnof.com) and NAI Interactive Ltd.
(www.naiinteractive.com) in Vancouver, Toronto,
San Francisco, and Greater China.
Over the past six years, GCFF
has grown from a one-day seminar to multiple functions,
and from a local event to an international forum.
The focus of these events is to foster the development
of the financial industry in North America and
Greater China by creating business and networking
opportunities among the participating companies,
institutional and individual investors
in these regions.
SOURCE: ChineseWorldNet.com Inc.
ChineseWorldNet.com Inc. Gilbert Chan SVP,
Marketing and Investor Relations 1-866-833-5517
ChineseWorldNet.com Inc. Fornia Lau Manager,
Business Development 1-866-833-5517
http://www.investorshub.com/boards/board.asp?board_id=8207
Website:
http://www.cusac.com
Welcome SOURCE: Cusac Gold Mines Ltd. -
http://www.investorshub.com/boards/board.asp?board_id=8207
http://www.investorshub.com/boards/board.asp?board_id=8209
http://www.siliconinvestor.com/subject.aspx?subjectid=56967
To 'Longs' on 'Cusac Gold Mines Ltd.' -
one great advantage to Cusac Gold -
compared to other new est. Gold Mines is -
that Cusac do have a modern well established -
Gold Mine Mill facility and all infrastructure -
is already in place -
Cusac Gold Mine has been in production before -
and most of all the facility is without any debt -
its payed for by prev. production results -
I think its great value of high grade Gold -
the profit from the production will be great -
Imo. Tia.
Welcome SOURCE: Cusac Gold Mines Ltd. -
http://www.investorshub.com/boards/board.asp?board_id=8207
http://www.investorshub.com/boards/board.asp?board_id=8209
http://www.siliconinvestor.com/subject.aspx?subjectid=56967
Welcome to Cusac Gold - Receives 2007 Industry Perseverance Award -
http://www.marketwire.com/mw/release_html_b1?release_id=206999
Fyi.
I had the Cusac Gold CQC shares for more than 20 years -
and knows Guilford as long -
trusted that he would be a good producer -
New Corporate Video Posted to Web Site -
watch the new corporate video from -
Cusac Gold Mine........
http://www.b-tv.com/i/videos/cusac.wmv
VANCOUVER, BRITISH COLUMBIA --
(MARKET WIRE) -- January 24, 2007 --
The following corrects and replaces the release issued
earlier today on behalf of Cusac Gold Mines Ltd.
The last sentence of the first paragraph has been changed
to clarify that Cusac was the only metal and mining company
in British Columbia to commence production in 2006.
David H. Brett, President, Cusac Gold Mines Ltd.
(TSX: CQC)(OTCBB: CUSIF)(FWB: DCB) (the "Company"), reports
that Cusac founder and Chairman Guilford H. Brett was
honored with the Industry Perseverance Award at the 2007 -
Cambridge House Gala Awards Dinner
and Art Auction held January 20th at the Grand Ballroom
Vancouver Convention and Exhibition Centre.
The award was bestowed on Cusac in part for being the only
metal and mining company in the province of British Columbia
to commence production in 2006 and overcoming
significant obstacles to achieve this goal.
"The story of Cusac is very much the story of Guilford Brett,"
said J. Frank Callaghan, last year's recipient who
presented the Award to Cusac.
"In the 50s and 60s Guil and his brother Fred spent
their spare time prospecting.
In the daytime Guil made his living as a music teacher at
a Vancouver high school.
In 1966 he left teaching to devote himself full time
to prospecting with Glen Copper, a company he took public
on the VSE.
In 1972 the name was changed to Cusac."
The Company has posted a 9 minute corporate video
prepared by BTV Business Television on it's web,
www.cusac.com, which is now available for viewing.
The video will also be broadcast by BTV on it's
internationally televised program starting
in mid February.
Cusac Gold Mines Ltd. -
is a gold mining and exploration company in existence
since 1966.
Cusac has a dominant land position in
the Cassiar Gold Camp of northern BC,
and is producing gold from high-grade quartz veins on
Table Mountain.
Cusac also owns over 30% of the low-grade, bulk tonnage,
million-ounce resource at the Taurus deposit, and is
exploring for more bulk-tonnage, disseminated gold
mineralization nearby at its 100% owned Taurus II project.
Please visit our website -
http://www.cusac.com
for more details.
CUSAC GOLD MINES LTD.
David H. Brett, President & CEO
Forward Looking Statements -
There are forward-looking statements contained herein----
the forward-looking statements contained herein to
reflect future results, events or developments.
The TSX has not reviewed and does not accept responsibility
for the adequacy or accuracy of this release.
Contacts:
Cusac Gold Mines Ltd.
Investor Relations
Toll Free: 1-800-670-6570 (Canada)
or 1-800-665-5101 (USA)
Email: info@cusac.com
Website:
http://www.cusac.com
SOURCE: Cusac Gold Mines Ltd.
http://www.investorshub.com/boards/board.asp?board_id=8207
http://www.investorshub.com/boards/board.asp?board_id=8209
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