Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Wow. 2 reverses in 1 year! This pattern of Reversing and diluting is going to happen again. This is is worse than Falcon Energy (FCYI).
13:41 11/20/2006 IWNE Irwin Energy Inc. New Common Stock IWRS Irwin Resources Inc. Common Stock 1-250 R/S **
OK .. I'm waitingggg ....
A total of $16 dollars has traded today. I have sent the company several emails with out any response. Has anyone heard from them lately?
hmm i put it in faves
Anyone call the TA for the current OS? Price is .035 from the recent Reverse split. Many unhappy campers on the IWNN board, so a bit wary here. Stock is still on my watchlist
Irwin Energy to Re-Open the Historic Mayflower Mine
Oct 3, 2006 7:05:00 AM
Copyright Business Wire 2006
BUTTE, Mont.--(BUSINESS WIRE)--
Irwin Energy (PINK SHEETS:IWNE) today announced that its wholly owned subsidiary, Mayflower Explorations Inc., has retained Tetra Tech, Inc. of Bozeman, Montana to provide Project Management and Technical Consulting services to oversee the reopening, exploration and development of the Mayflower Mine located near Whitehall, Montana.
Surface exploration of potential extensions of the mineralized zones along the Mayflower fault zone will be undertaken beginning in late October and early November of this year using detailed IP and resistively surveys. Initial underground activities at the Mayflower Mine will include electrical and mechanical checks of the substation, hoist, head frame, shaft and compressor and pumping facilities prior to dewatering and as a preliminary to an underground exploration program along the 600 level to commence in early in 2007.
About The Mayflower Mine
The historic Mayflower Mine was discovered in the 1890's and operated as a high-grade gold and silver producer into the 1900's. The Anaconda Company operated the Mayflower Mine from 1935 to 1942. Subsequently, it was mined under a lease agreement with Anaconda from 1958-1961. In the mid-1990s Brimstone Mining, Inc. rehabilitated the Mayflower Mine to the 1500 level and explored for and developed additional high-grade underground reserves. Through 1961 the Mayflower Mine has produced over 225,000 ounces of gold and over 875,000 ounces of silver from about 143,700 tons of ore. The average grade of ore produced was about 1.556 ounces of gold per ton and 6.15 ounces of silver per ton. Additional information on the Mayflower Mine can be found at www.brimstonemine.com.
About Irwin Energy
Irwin Energy is a junior resource company based in Vancouver, B.C. Irwin Energy engages in the acquisition, exploration and development of resources properties with the intent to prove up oil and gas reserves and mineral deposits. Irwin Energy seeks out low-risk opportunities to develop positive cash flow from proven and probable resource properties where prior exploration has been successful. Irwin Energy plans to grow exclusively through the efficient reinvestment of its internally generated cash flow and through limited external financing, which it plans to utilize to build ancillary businesses
Additional information on Irwin Energy, Inc. and Mayflower Mining Corp. can be found at www.irwinenergy.com.
Safe Harbour Statement Under the Private Securities Litigation
Except for historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties, including but not limited to economic, competitive, governmental and technological factors affecting the company's operations, markets, products and prices and other factors discussed in the company's various filings with the Securities and Exchange Commission.
Source: Irwin Energy
----------------------------------------------
Irwin Energy
Pavel Doukhine
604-608-2733
Irwin Energy Inc. Starts Exploration Project in Fort a la Corne
Sep 20, 2006 9:56:00 AM
VANCOUVER, BC -- (MARKET WIRE) -- 09/20/06 -- Irwin Energy Inc. (the "Company") (PINKSHEETS: IWNE) is pleased to announce that it has started its exploration efforts on their newly acquired property in the Fort a la Corne area. This acquisition was announced by the Company in a press release issued on August 15, 2006.
The exploration on the Company's property will entail a process-titled Land Maging to determine the geophysics of the property. The procedure will be conducted over the properties at 100-meter intervals so as to outline for the Company's drilling contractor more precise kimberlite targets where sample drilling should be conducted.
The Fort a la Corne area of Saskatchewan hosts one of the most extensive kimberlite fields in the world. Over 70 kimberlites exist in the Fort a la Corne area and over 70 percent of these have been shown to contain diamonds. The deposition and erosional history at Fort a la Corne is such that the crater portions of the volcanic eruptive events have been preserved and not scraped away by glaciation, as is the case with most kimberlites. As a result, the crater portion of the kimberlite has significant geographic extent.
Mr. J. R. Gaetz, President of Irwin Energy Inc., stated, "Shore Gold Inc, one of the major companies in the Canadian diamond industry, has had some real success in their exploration programs. On September 6, 2006 they announced results of 10.26, 6.62, 3.37 and 3.53 carat diamonds in a 340 carat parcel. As their property adjoins our claims at Fort a la Corne, this gives us a good feeling that we may be in the right place at the right time."
Shore Gold was the first company in the Fort a la Corne district to locate a root zone beneath the kimberlite crater when drill hole Star 20 intersected 539 metres of continuous kimberlite. This is the longest intersection of continuous kimberlite from a vertical drill hole ever reported In North America.
About Irwin Energy
Irwin Energy is a junior resource company based in Vancouver, B.C. Irwin Energy engages in the acquisition, exploration and development of resources properties with the intent to prove up oil and gas reserves and mineral deposits. Irwin Energy seeks out low-risk opportunities to develop positive cash flow from proven and probable resource properties where prior exploration has been successful. Irwin Energy plans to grow exclusively through the efficient reinvestment of its internally generated cash flow and through limited external financing, which it plans to utilize to build ancillary businesses.
Contact Info:
Investor Relations
Pavel Doukhine
604 608 2733
Irwin Energy Inc. Cancels Purchase of Big Cat Exploration & Production, Inc.
Thursday September 14, 2:02 pm ET
VANCOUVER, BC--(MARKET WIRE)--Sep 14, 2006 -- Irwin Energy Inc. (Other OTC:IWNE.PK - News) (the "Company") announced today that it has reached an agreement with the owners of Big Cat Exploration & Production, Inc. (Big Cat) to cancel the deal announced on March 14, 2006, wherein the Company had acquired Big Cat. In the cancellation agreement, both Big Cat and the Company agree that their interests have changed and that the cancellation would occur without cost to either party. Under the terms of the cancellation agreement, the Company will return 100,000 shares representing 100% of Big Cat and will receive from the owners of Big Cat 20,000,000 shares of the Company's common stock and the USD$30,600 the Company had paid to acquire a Letter of Intent to acquire the Murray Lake Project.
The return of the Company's common stock for cancellation will reduce the fully diluted, issued and outstanding shares of the Company to about 25,024,775 shares.
About Irwin Energy
Irwin Energy is a junior resource company based in Vancouver, B.C. Irwin Energy engages in the acquisition, exploration and development of resources properties with the intent to prove up oil and gas reserves and mineral deposits. Irwin Energy seeks out low-risk opportunities to develop positive cash flow from proven and probable resource properties where prior exploration has been successful. Irwin Energy plans to grow exclusively through the efficient reinvestment of its internally generated cash flow and through limited external financing, which it plans to utilize to build ancillary businesses.
Contact:
Contact Info:
Investor Relations
Pavel Doukhine
604 608 2733
Source: Irwin Energy
Brimstone Mining historical drill results
http://www.brimstonemine.com/Mayflower.htm#Table%20of%20Recent%20Drill%20Results
Irwin Energy Acquires Brimstone Mining Inc.
Wednesday August 16, 2:30 pm ET
VANCOUVER, BC--(MARKET WIRE)--Aug 16, 2006 -- Irwin Energy Inc. (Other OTC:IWNE.PK - News) announced today that it has closed its acquisition of Brimstone Mining Inc. Under the terms of the agreement, Irwin acquired 100% of the issued and outstanding capital stock of Brimstone Mining Inc., for a total of $2,000,000 in cash and stock. Through this acquisition, Irwin Energy now has a 100% interest in the Mayflower Mine in Southwestern Montana.
ADVERTISEMENT
About the Mayflower Mine
The Mayflower Mine Project in Southwestern Montana is an exploration project with significant potential for new discoveries. The Mayflower Mine's 1995 drilling program identified a block of minable reserves containing 20,771 ounces of gold and 138,205 ounces of silver, as well as two zones that hold potential for new discoveries that could lead to additional minable reserves. The mining of the identified reserves will pay for the cost of exploring some other target zones in the area.
About Irwin Energy
Irwin Energy is a junior oil and gas and resource company based in Vancouver, B.C. Founded for the purpose of engaging in the exploration, acquisition, development and production of crude oil and natural gas, and related activities. Recent acquisitions include gold and silver properties and other resource opportunities. Irwin Energy seeks out low-risk opportunities to develop positive cash flow from proven and probable oil and gas plays. Irwin Energy plans to grow exclusively through efficient reinvestment of its internally generated cash flow in exploration and production operations, and through limited external financing to build ancillary businesses.
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties including, but not limited to, economic, competitive, governmental and technological factors affecting the company's operations, markets, products and prices and other factors discussed in the company's various filings with the Securities and Exchange Commission.
Contact:
Contact Info:
Investor Relations
Pavel Doukhine
604 608 2733
--------------------------------------------------------------------------------
Source: Irwin Energy Inc.
nice move today on very low volume,...
low float = big moves in pps.
if this new kimberlite finding turns positive we have some interesting times ahead.
Irwin Energy Acquires Diamond Property in Fort a la Corne, Saskatchewan
Tuesday August 15, 9:54 am ET
VANCOUVER, BC--(MARKET WIRE)--Aug 15, 2006 -- Irwin Energy Inc. (Other OTC:IWNE.PK - News) announced today that it has acquired 90% of a diamond property in Fort a la Corne, Saskatchewan, from Great West Investment and Referrals Ltd. Under the terms of the agreement, Great West will retain 10% interest in the property.
The Fort a la Corne kimberlite field is one of the largest in the world with at least 70 kimberlites existing in the Fort a la Corne province and over 70% of these have been shown to contain diamonds. Of these 70%, 49% contain diamonds larger than one millimeter in size. Irwin Energy has acquired a total of 1,168 hectares (2,637 acres) of the Fort a la Corne kimberlite field through this acquisition. The property adjoins other property currently being explored by De Beers Canada and Shore Gold, among others.
In recent developments in this region De Beers Canada announced in February 2005 a 25.6 million dollar advance exploration program.
De Beers Canada (http://www.debeerscanada.com/files_2/news-release_022305.html) and Shore Gold announced diamond results 6.37, 5.86 and 5.25 carat Diamonds in a 558 parcel with their Star Diamond Project http://www.shoregold.com/news.html.
Irwin's President and CEO, Mr. J R Gaetz, stated, "We are very excited to acquire this potential diamond producing field. Our property covers approximately 2,637 acres on which previous exploration has identified a number of kimberlite pipes. The Company plans to commence an exploration program as soon as drilling plans are completed and equipment is available."
About Irwin Energy: Irwin Energy is a junior oil and gas and resource company based in Vancouver, B.C. Founded for the purpose of engaging in the exploration, acquisition, development and production of crude oil and natural gas, and related activities. Recent acquisitions include gold and silver properties and other resource opportunities. Irwin Energy seeks out low-risk opportunities to develop positive cash flow from proven and probable oil and gas plays. Irwin Energy plans to grow exclusively through efficient reinvestment of its internally generated cash flow in exploration and production operations, and through limited external financing to build ancillary businesses.
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties including, but not limited to, economic, competitive, governmental and technological factors affecting the company's operations, markets, products and prices and other factors discussed in the company's various filings with the Securities and Exchange Commission.
Contact:
Contact Info:
Investor Relations
Pavel Doukhine
604 608 2733
Source: Irwin Energy, Inc.
Irwin Energy With Breaking News on MN1
Tuesday August 8, 1:05 pm ET
VANCOUVER, BC--(MARKET WIRE)--Aug 8, 2006 -- Jason Ashdown, COO of Irwin Energy, Inc.(Other OTC:IWNE.PK - News), will be on Market News First August 8, 2006, to disclose news about the precious metals field. The interview is scheduled for 2:00 p.m. CDT.
Irwin Energy is a venture capital company doing business in the exploration of gold and silver mining as well as investments in oil and gas producing properties.
Listen to Jason Ashdown and the MN1 radio crew by logging on to MN1.com August 8, 2006, at 2:00 p.m. CDT.
About MN1.com
Market News First is an online market news provider which brings investors current news on the market. Market News First is the only online live radio web site that brings real market news to investors and features live interaction with companies from the Bulletin Board to NYSE.
Through daily live press conferences, we bring you up to date on all the established companies and inform the investors of the newest opportunities within the market. Market News First offers one-on-one interviews with the Presidents and CFOs of companies to deliver answers to the questions that investors may ask and provides them insight into the companies' present condition and future plans.
Contact:
Contact:
Kenan Williams
+1.604-608-0810
Pavel Doukhine
+1.604-608-0832
Email: info@irwinenergy.com
Source: Irwin Energy, Inc.
Irwin Energy to Become Major Player in Diamond Industry
Tuesday August 8, 9:46 am ET
VANCOUVER--(MARKET WIRE)--Aug 8, 2006 -- Irwin Energy Inc.(Other OTC:IWNE.PK - News) is pleased to announce that its solely owned subsidiary Mayflower Explorations, Inc. has entered into an LOI (Letter Of Intent) with Great West Investments & Referrals LTD to acquire 90% of the company's diamond assets.
"The areas that we are looking at on these properties are located in Fort a La Corne Saskatchewan, which is located approximately 60km east of Prince Albert," stated Jason Ashdown, COO of Irwin Energy.
The Properties of interest are situated in the middle of major corporations in the diamond industry, including De Beers and Shore Gold.
Jason Ashdown also stated, "One of the reasons why Irwin Energy Inc. is so unique is because we are not only focusing our assets in oil and gas, but we are diversifying our position in other resources, thus giving the company and our shareholders a stronger asset base."
About Irwin Energy
Irwin Energy, Inc., based in Vancouver, B.C., was founded for the purpose of engaging in the exploration, acquisition, development and production of crude oil and natural gas, and related activities. In the oil and gas arena, Irwin Energy seeks out low-risk opportunities to develop positive cash flow from proven and probable oil and gas plays. Irwin Energy plans to grow exclusively through efficient reinvestment of its internally generated cash flow in exploration and production operations, and through limited external financing to build ancillary businesses.
Safe Harbour Statement Under the Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties, including but not limited to economic, competitive, governmental and technological factors affecting the company's operations, markets, products and prices and other factors discussed in the company's various filings with the Securities and Exchange Commission.
Contact:
Contact:
Kenan Williams
+1.604-608-0810
Pavel Doukhine
+1.604-608-0832
Email: info@irwinenergy.com
Source: Irwin Energy, Inc.
LeBlanc Brings New Energy to Irwin Energy
Friday August 4, 1:49 pm ET
VANCOUVER, BC--(MARKET WIRE)--Aug 4, 2006 -- On July 24, 2006, Irwin Energy, Inc. (Other OTC:IWNE.PK - News) announced the appointment of Gordon Leblanc Jr. as the company's new Vice Chairman of the Board.
John Gaetz, president of Irwin Energy Inc., stated, "I am very pleased that Gordon LeBlanc has accepted our invitation to join our team. With his vast experience in oil and gas, he will undoubtedly help move our company forward."
"Having been a joint venture partner with Irwin Energy in the past and present, I look forward to being on their Board of Advisors as we seek to develop the Holbrook Basin projects. Frontier projects such as the Holbrook Basin of Arizona do present more risks, but the reward of a major field discovery more than offsets that risk," said LeBlanc.
LeBlanc, 54, is a third generation member of the oil and gas industry with more than 30 years of experience as an operator and geological consultant.
Driven to discover new energy production and reserves, LeBlanc founded LeBlanc Oil (1985) and Tiger Energy (1990) to concentrate on developing oil and gas prospects in the Holbrook Basin of Arizona, the San Juan Basin of New Mexico, the Canning Basin of Western Australia and the Cooper-Eromonga and Surat basins of Queensland, Australia.
LeBlanc oversees a variety of philanthropic endeavors. He is the co-founder of "Every Kid Counts," a 501-C3 children's charity based in Phoenix, Ariz. and has actively served for the past ten years as co-chairman of a group dedicated to fundraising efforts benefiting officers of the Phoenix Police Department.
LeBlanc majored in petroleum geology at Centenary College of Louisiana. LeBlanc's family represents three generations of oil and gas operators, pipeline management, drilling operations and a three-term member of the Louisiana State Mineral Board.
Gordon LeBlanc is also the operator of the Pinta Dome Field in Arizona. In June 2006, Irwin Energy acquired a twenty percent working interest in the Pinta Dome Field. The Pinta Dome Field was discovered in 1956 and has produced 6.5 billion cubic feet of helium from the Permian Supai at 1,100 feet until abandoned in 1977. Mr. Jason Ashdown, Chief Operating Officer of Irwin Energy, stated, "Even though historically the Pinta Dome has been a helium producing field, nearby the Navaho Nation has produced in excess of 18 million barrels of oil."
Bengal Drilling Inc. is providing the rigs for the project. These rigs are the Spencer Harris 7,000 drilling rigs which are capable of reaching depths of up to 9,000 feet.
At this moment, the rigs are being refurbished in Louisiana prior to their shipment to Arizona. The company anticipates drilling to begin somewhere between two to three weeks.
About Irwin Energy
Irwin Energy, Inc., based in Vancouver, B.C., was founded for the purpose of engaging in the exploration, acquisition, development and production of crude oil and natural gas, and related activities. In the oil and gas arena, Irwin Energy seeks out low-risk opportunities to develop positive cash flow from proven and probable oil and gas plays. Irwin Energy plans to grow exclusively through efficient reinvestment of its internally generated cash flow in exploration and production operations, and through limited external financing to build ancillary businesses.
Safe Harbour Statement Under the Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties, including but not limited to economic, competitive, governmental and technological factors affecting the company's operations, markets, products and prices and other factors discussed in the company's various filings with the Securities and Exchange Commission.
Contact:
Contact:
Pavel Doukhine
604 608 0832
Email: info@irwinenergy.com
Source: Irwin Energy, Inc.
breaking news on market news live radio, drill rig is on it's way to contra dome, should see it in a press release soon, this may be huge. let this story unfold
Management Change at Irwin Energy
Thursday August 3, 7:31 pm ET
VANCOUVER, BC--(MARKET WIRE)--Aug 3, 2006 -- John Gaetz, President of Irwin Energy, Inc. (Other OTC:IWNE.PK - News), will be on Market News First August 4, 2006, to discuss the company's new addition to management. The interview is scheduled for 10:00 a.m. CDT.
Irwin Energy is a venture capital company doing business in the exploration of gold and silver mining as well as investments in oil and gas producing properties.
Gordon Leblanc, third generation member of the oil and gas industry with over 30 years of experience, will be the company's new Vice Chairman of the Board.
Join Gaetz and Leblanc as they discuss future plans of Irwin Energy by logging on to MN1.com August 4, 2006, at 10:00 a.m. CDT.
About MN1.com
Market News First is an online market news provider which brings investors current news on the market. Market News First is the only online live radio web site that brings real market news to investors and features live interaction with companies from the Bulletin Board to NYSE.
Through daily live press conferences, we bring you up to date on all the established companies and inform the investors of the newest opportunities within the market. Market News First offers one-on-one interviews with the Presidents and CFOs of companies to deliver answers to the questions that investors may ask and provides them insight into the companies' present condition and future plans.
Contact:
Pavel Doukhine
604 608 0832
Email: info@irwinenergy.com
--------------------------------------------------------------------------------
Source: Irwin Energy, Inc.
Announces Board Restructuring July 24/06
VANCOUVER, BC, Jul 24, 2006 (MARKET WIRE via COMTEX) -- Irwin Energy, Inc. (the Company) (PINKSHEETS: IWNE) today announced that Dr. Erwin Liem is retiring and has offered the Board his resignation as Chairman and Director. The Company also announced the appointment of Dr. Werner F. Grieder, currently Irwin's Vice Chairman, to the position of Chairman of the Board. The Company would also like to announce the appointment of Mr. Gordon Leblanc to position of Vice Chairman of the Board.
Mr. John Gaetz, President and Director of Irwin Energy stated, "Dr. Liem has done an excellent job as Chairman, helping the Company to structure an outstanding management team and to execute a compelling acquisition strategy, which includes the Company's wholly-owned interest in Big Cat Explorations, the Arizona based Concho Dome oil and gas projects, and the recently announced LOI to acquire 100% of Brimestone Mining, Inc. On behalf of the Board of Directors, I wish to thank Dr. Liem for his invaluable contribution to Irwin Energy."
Mr. Gaetz added, "We are very pleased to announce these appointments to the Board. Dr. Grieder and Mr. Leblanc are exceptional leaders who will immediately complement the previous efforts of Dr. Liem to help ensure our long term success."
About Irwin Energy
Irwin Energy, Inc., based in Vancouver, B.C. was founded for the purpose of engaging in the exploration, acquisition, development and production of crude oil and natural gas, and related activities. In the oil and gas arena, Irwin Energy seeks out low-risk opportunities to develop positive cash flow from proven and probable oil and gas plays. Irwin Energy plans to grow exclusively through efficient reinvestment of its internally generated cash flow in exploration and production operations, and through limited external financing to build ancillary businesses.
Safe Harbour Statement Under the Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties, including but not limited to economic, competitive, governmental and technological factors affecting the company's operations, markets, products and prices and other factors discussed in the company's various filings with the Securities and Exchange Commission.
powered by www.globusmedia.ca
Copyright Copyright Hugin ASA 2006. All rights reserved.
SOURCE: Irwin Energy, Inc.
Copyright 2006 Market Wire, All rights reserved.
RELEASE OF ITS FINANCIAL STATEMENTS July 11/06
VANCOUVER B.C., UK, Jul 11, 2006 (MARKET WIRE via COMTEX) -- Irwin Energy Inc. announces release of its financial statements.
Irwin Energy, Inc. (the Company) (PINKSHEETS: IWNE) today announced the release of its financial statements to March 31, 2006. The complete financials are available on Irwin Energy's website at http://www.irwinenergy.com/investors/financial.htm#balance_sheet.
About Irwin Energy
Irwin Energy, Inc., based in Vancouver, B.C. was founded for the purpose of engaging in the exploration, acquisition, development and production of crude oil and natural gas, and other related activities. In the oil and gas arena, Irwin Energy seeks out low-risk opportunities to develop positive cash flow from proven and probable oil and gas plays. Irwin Energy plans to grow exclusively through efficient reinvestment of its internally generated cash flow in exploration and production operations, and through limited external financing to build ancillary businesses.
Safe Harbour Statement Under the Private Securities Litigation
Reform Act of 1995: Except for historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties, including but not limited to economic, competitive, governmental and technological factors affecting the company's operations, markets, products and prices and other factors discussed in the company's various filings with the Securities and Exchange Commission.
Contact:
Kenan Williams
+1.604 608 0810
Or
Pavel Doukhine
+1.604 608 0832
Email: info@irwinenergy.com
LOI To Acquire Brimstone Mining Inc. June 26/06
VANCOUVER, BC, Jun 26, 2006 (MARKET WIRE via COMTEX) -- Irwin Energy, Inc. (the Company) (PINKSHEETS: IWNE) today announced the execution of a Letter of Intent ("LOI") with Brimstone Mining, Inc ("Brimstone") whereby Irwin's subsidiary, Mayflower Exploration, Inc. would acquire Brimstone Mining, Inc. and Brimstone's wholly-owned subsidiaries, Mayflower Mine, Inc. and West Mayflower Mine, Inc., joint owners the Mayflower Mine in Southwestern Montana. Under the terms of the LOI, Irwin will deliver $500,000 and $1,500,000 of Irwin common stock in exchange for 100% of the issued and outstanding capital stock of Brimstone.
About the Mayflower Mine Project
The Mayflower Mine Project in Southwestern Montana is an exploration project with significant potential for new discoveries and additional minable reserves. A block of minable reserves containing 20,771 ounces of gold and 138,205 ounces of silver has been defined below the historic workings of the "Eastern Ore Shoot."
Historically, the Mayflower Mine was a high-grade gold and silver producer discovered in the 1890's by W. A. Clark, one of the Butte Copper Kings. The property was acquired by the Anaconda Company which operated the Mayflower Mine from 1935 to 1942. Subsequently, it was mined under a lease agreement with Anaconda from 1958-1961. The Mayflower Mine has produced over 225,000 ounces of gold and over 875,000 ounces of silver from about 143,700 tons of ore. Irwin Energy, through its subsidiary, plans to aggressively implement its Mayflower Mine exploration plans.
About Irwin Energy
Irwin Energy, Inc., based in Vancouver, B.C. was founded for the purpose of engaging in the exploration, acquisition, development and production of crude oil and natural gas, and other related activities. In the oil and gas arena, Irwin Energy seeks out low-risk opportunities to develop positive cash flow from proven and probable oil and gas plays. Irwin Energy plans to grow exclusively through efficient reinvestment of its internally generated cash flow in exploration and production operations, and through limited external financing to build ancillary businesses.
Safe Harbour Statement Under the Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties, including but not limited to economic, competitive, governmental and technological factors affecting the company's operations, markets, products and prices and other factors discussed in the company's various filings with the Securities and Exchange Commission.
Copyright Copyright Hugin ASA 2006. All rights reserved.
Contact:
Kenan Williams +1 604 608 0810
Pavel Doukhine +1 604 608 0832
SOURCE: Irwin Energy, Inc
Copyright 2006 Market Wire, All rights reserved.
Irwin Energy Acquires Working Interest in Arizona Jun 19/06
VANCOUVER B.C., UK, Jun 19, 2006 (MARKET WIRE via COMTEX) -- VANCOUVER, BC -- June 19, 2006 -- Irwin Energy, Incorporated (PINKSHEETS: IWNE) announced today that the Company has acquired a twenty percent working interest in the Pinta Dome Field located in Apache County, Arizona. Bengal Drilling will drill a 2,800 foot test well at the Pinta Dome Field to determine the presence of oil, gas and helium. The drilling is scheduled to commence during July 2006.
About Pinta Dome The Pinta Dome Field was discovered in 1956 and produced 6.5 billion cubic feet of helium from the Permian Supai at 1,100 feet until abandoned in 1977. Irwin Energy and its joint venture partners will drill the basement test to confirm the oil and gas potential of the deeper formations at Pinta Dome and pressure test the Permian Supai for recoverable helium reserves. The Dineh-Bi-Keyah Field north of Pinta Dome on the Navajo Nation of Apache County has produced in excess 18.3 million barrels of crude oil.
Except historical matter contained herein, matters discussed in this news release are forward-looking statements and are made pursuant to the safe harbor provision of the Private Securities Litigation Reform act of 1995. These forward-looking statements reflect assumptions and involve risks and uncertainties, which may affect the Company's business and prospects and cause actual results to differ materially from these forward-looking statements.
About Irwin Energy
Irwin Energy, Inc., based in Vancouver, B.C. was founded for the purpose of engaging in the exploration, acquisition, development and production of crude oil and natural gas, and other related activities. In the oil and gas arena, Irwin Energy seeks out low-risk opportunities to develop positive cash flow from proven and probable oil and gas plays. Irwin Energy plans to grow exclusively through efficient reinvestment of its internally generated cash flow in exploration and production operations, and through limited external financing to build ancillary businesses.
Contact:
Kenan Williams
604 608 0810
Or
Pavel Doukhine
604 608 0832
Email: info@irwinenergy.com
Copyright Copyright Hugin ASA 2006. All rights reserved.
SOURCE: Irwin Energy, Inc
Copyright 2006 Market Wire, All rights reserved.
Followers
|
0
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
26
|
Created
|
07/25/06
|
Type
|
Free
|
Moderators |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |