American Bonanza Gold Corp (fka ABGFF)

[srm4u]

March 22, 2013
American Bonanza Provides Copperstone Gold Mine Progress for February 2013
http://www.americanbonanza.com/s/NewsReleases.asp?ReportID=577312&_Type=News-Releases&_Title=American-Bonanza-Provides-Copperstone-Gold-Mine-Progress-for-February-2013

[EarlyOne]

While January was not the best month due to flu, it does seem like ABGFF expects February and March to be much better.

Current price seems to be a bargain. The Feb. 25 update does not seem to be a reason for the current downtrend unless people expected January to be stellar.

[srm4u]

American Bonanza Provides Copperstone Gold Mine Progress for January
http://www.sec.gov/Archives/edgar/data/1072019/000106299313000971/exhibit99-1.htm

[Errie]

No news?

[srm4u]

http://www.pdac.ca/pdac/conv/
http://www.azomining.com/News.aspx?newsID=7753
http://www.geosoft.com/news-events/events/pdac-2013
http://www.marketwire.com/press-release/global-mineral-industry-converge-on-toronto-exploration-minings-largest-annual-convention-1752830.htm

[srm4u]

American Bonanza Provides Copperstone Gold Mine Progress for December



January 17, 2013 - American Bonanza Gold Corp. (TSX: BZA, OTCQX: ABGFF) ("Bonanza” or "Company") is pleased to announce that the 100% owned Copperstone gold mine in Arizona continued to make significant progress during December. During December, Copperstone recovered more ounces of gold into concentrate than in any previous month, and maintained production from the underground mine and the development mining. The Company is encouraged with the recent progress as it continues towards its goal of achieving commercial production, estimated for the first quarter of 2013.



Development Mining



During December, ore was available for mining in five zones, which is similar to performance during November. This is a significant achievement towards bringing mine output to design levels of 450 tons per day of ore. The five zones are developed, with access, power distribution, and water management being maintained as development mining continues to advance.



The main objective for the development mining program is now to provide access to two additional zones over the next month. This will provide ore available for mining subsequent to the zones which are currently being mined. A dedicated development mining team continues towards deployment during January to continue the acceleration of the development mining.



Ore Mining



Ore extraction rates during December continued at an improved level. Total rock mined during December averaged 612 tons per day. Ore mined during December averaged 310 tons per day (a 29 day month due to holidays), with development mining averaging 302 tons per day. Overall, these mining rates represent an improvement over November. The average daily ore mined represents about 68% of the targeted design rate of 450 tons of ore per day, slightly better than November, and roughly double the ore mining rate in October.



During December, the mine performance continued at an average of nearly 5 rounds of mining progress per day, similar to performance during November. (A round at Copperstone is eight feet of mining advance resulting from one phase of drilling, blasting and mucking. Although this varies according to rock type, one round at Copperstone generally contains roughly 100 tons of rock).



Ore Processing



Ore tonnage processed through the gold plant during December was steady relative to performance in November. Ore processed during December averaged 334 tons per day (28 operating days due to the holidays), which is 74% of the designed rate of 450 tons per day. The processing throughput is currently limited by tailings handling. This limitation is currently being investigated with a view toward raising the tonnage that can be pumped to the tailings impoundment. The milling facility as designed is capable of processing higher tonnage, and will do so in the future as the few remaining issues are resolved.



Mill recovery during December averaged 68%, reflecting the effects of colder temperatures negatively impacting performance of the flotation chemicals and availability of the normal chemicals requiring the use of alternatives. These limitations have been addressed by heating these reagents and finding alternate sources of chemicals. Initial indications from the first ten days of January are encouraging, with the recovery rate increasing to 81% for that period.



Ore processing rates are expected to improve when the tailings management system issues are resolved, and early indications are that the recovery rates are already improving. These two areas have the potential to significantly improve the number of ounces of gold recovered into concentrates.



Concentrates



Concentrate grades for the gravity circuit averaged 48 ounces of gold per ton (November: 25 ounces of gold per ton), and the flotation concentrate grades averaged 69 ounces of gold per ton (November: 13 ounces per ton). These concentrate grades are substantial improvements over the November performance. A total of 1,118 ounces of gold were recovered in concentrate during December, which is a substantial improvement over the 650 ounces of gold that were recovered in concentrate during November. The ounces of gold recovered during December were primarily adversely impacted by gold recovery rates in the mill, limitations on mill throughput, and limitations resulting from mine tonnage output. Early indications are that the shortcomings in the ore transport and handling systems experienced in November have largely been resolved during December.



Mine and mill performance for the full month of January will be announced during mid-February.



Mr. Brian Kirwin, President & CEO, commented: "We are encouraged by recent progress from the underground mine, and the focus at Copperstone is now to resolve the tonnage limitations in the mill and continue improving the gold recovery rates. December’s performance shows a steady improvement as we work through the remaining limitations, and we look forward to bringing the Copperstone gold mine up to design throughput in the near future."



This release was reviewed by Douglas Wood, P.G., Vice President, Exploration of Bonanza, a non-independent Qualified Person within the meaning of NI 43-101.



About Bonanza



Bonanza is operating the newly constructed Copperstone gold mine in Arizona. For more information please visit Bonanza’s website at www.americanbonanza.com.



AMERICAN BONANZA GOLD CORP.



Brian Kirwin

President & Chief Executive Officer



FORWARD-LOOKING STATEMENTS
This news release includes certain statements and information that may contain forward-looking information within the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of historical facts, including but not limited to the expected increase in head grades, that concentrate grades will improve with optimization of the processing plant and increased tonnages, that changes to the gravity circuit will optimize recoveries, that the processing plant will adapt more readily to changing grades resulting in greater gold recoveries, that the Company will be able to continue increasing throughput to the processing plant up to design levels, the tons mined will continue increasing to design levels, the likelihood of profitable commercial mining, possible future financings, rates and performance of mine and mill production, ground conditions for underground mining, the granting of future key permits, estimated metal production and the timing thereof; and any capital and operating and cash flow estimates and operating costs is forward-looking information. Forward-looking statements or information also include, but are not limited to, statements or information with respect to known or unknown risks, uncertainties and other factors which may cause the actual results to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Mining exploration and development is an inherently risky business, and accordingly the actual events may differ materially from those projected in the forward-looking statements. This forward looking information is based on the reasonable expectations and assumptions of management including: rock quality, gold recoveries, mine and mill equipment performance, civil stability, the maintenance of the current regulatory environment, the continuation of current labor markets,the experience of miners and plant staff, and a stable geological environment. Although Bonanza believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Forward-looking statements or information include statements regarding the expectations and beliefs of management. Often, but not always, forward-looking statements and forward-looking information can be identified by the use of words such as "plans", "expects", "potential", "is expected", "anticipated", "is targeted", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or the negatives thereof or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements or information are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements or information, including, without limitation, risks and uncertainties relating to: history of losses; requirements for additional capital; dilution; loss of its material properties; interest rates increase; global economy; no history of production; future metals price fluctuations, speculative nature of exploration activities; unsuccessful exploration results, periodic interruptions to exploration, development and mining activities; environmental hazards and liability; industrial accidents; failure of exploration, gold recovery in the processing plant and mining equipment to perform as expected; labor disputes; supply problems; uncertainty of production and cost estimates; the interpretation of drill results and the estimation of mineral resources and reserves; that grades of material mined do not meet expected grades; legal and regulatory proceedings and community actions; title matters; regulatory restrictions; permitting and licensing; volatility of the market price of Common Shares; insurance; competition; hedging activities; currency fluctuations; loss of key employees or management personnel; general economic conditions; as well as those factors discussed in the section entitled "Risk Factors" in the Company's Form 20-F and other public disclosure filings. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements or information. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information. The Company seeks Safe Harbor, and disclaims any intent or obligation to update forward-looking statements or information except as required by law, and the reader is referred to the full discussion of the Company's business contained in the Company's reports filed with the securities regulatory authorities in Canada. For more information on Bonanza and the risks and challenges of its business, investors should review Bonanza's annual filing on Form 20-F with the U. S. Securities Commission and its home jurisdiction filings that are available at www.sedar.com.



For further information call or email:



Phone: [phone]

Email: [e-mail]

[Errie]

Mertyr - did you visit the mine, and what was your observations?
I flew to the mine in Nov, but only circled a few times.

[MerthyrQ]

There are some investors who have interest to make more acquisitions who have similar minded interests. As first and second hand information become available to such groups, such as product shipments, supply acquisitions, volumes of employees, and just hanging around the watering holes and barber shops additional stock purchases may be made. Few investors in the broader market have access to this information, and very little of it will be found on stock discussion boards. Hence, on explanation why there may be buying activity when there has been no news released by the company which will show up in the news.

Example: a sharp observer who delivers freight to the site (small package or large will remain unsaid) may see or hear things that may impact his willingness to invest in the deliverees publicly traded stock

The MSHA inspector has friends and family. The ore truck driver has cousins and friends. The elected official as his connections too.

There may be legal limitations on folks like the MSHA inspector or elected official, but I know of now limitations on information gleaned from most other sources who are not company insiders.

[Errie]

Any news on insider trading or actual gold production? Why a 5.6% jump with no real gold price increase?

[EarlyOne]

This may help perk up $ABGFF. The following is worth bookmarking...

We’ll See Breathtaking Moves In Stocks, Gold & Silver in 2013

[MerthyrQ]

I have decided to make a personal visit to the Arizona Mine. My associate will visit first. We will have a first hand knowledge of what is happening and make some observations.

[MerthyrQ]

After rising to 18 cents the price has fallen back to 17 from long term holders frustration and bailing. Patience may be well rewarded when the Arizona mine is fully operating and producing an overall company profit. The most recent financial statements are encouraging this conclusion.

[MerthyrQ]

After some discussion with other shareholders, it appears that Bonanza as a company is performing better than the stock price growth. Why? Probably because little attention is given the company and the company does little to promote their news. Which is good for now.

[MerthyrQ]

ABGFF has an interesting story relating to its PPS. The news is good. The financial statements are much stronger than most companies in a start up condition, and it is producing product. All this wonderful news, but the news does not reach the investing public, so the stock price has tended down instead of up. Interesting....

[srm4u]

American Bonanza Repays Gold Loan and Provides Copperstone Gold Mine Progress



December 20, 2012 - American Bonanza Gold Corp. (TSX: BZA, OTCQX: ABGFF) ("Bonanza” or "Company") is pleased to announce that the 100% owned Copperstone gold mine in Arizona continued to make significant progress during November. During November Copperstone has increased ore output from the underground mine and accelerated the development mining. The Company is encouraged with the recent progress as it continues towards its goal of achieving commercial production, now estimated for the first quarter of 2013.



Bonanza is pleased to announce that it has completed on schedule the repayment of the secured gold prepayment facility with Resource Income Fund, L.P. ("RIF") whereby Bonanza sold 3,936 ounces of gold for delivery during 2012 (the "Facility"). The Facility was a forward contract structured to deliver 3,936 ounces of gold over a 32 week term in the amount of 123 ounces per week starting on May 7, 2012 and ending on December 10, 2012. The 3,936 ounces of gold that were committed under this gold facility represent approximately 1.5% of the proven mineral reserves at the Copperstone gold mine.



Development Mining



During November, ore was available for mining in five zones, which is up from three zones during October. This is a significant achievement towards bringing mine output to design levels of 450 tons per day of ore. The five zones are developed, with access, power distribution, and water management being maintained as development mining continues to improve.



The main objective for the development mining program is now to provide access to one or two additional zones over the next month. This will provide ore available for mining subsequent to the zones which are currently being mined. A dedicated development mining team is being deployed during December to continue the acceleration of the development mining.



Ore Mining



As a consequence of the development mining accelerating, ore extraction rates improved during November and continue to improve during December. Total rock mined during November averaged 605 tons per day, and ore mined averaged 269 tons per day, with development mining averaging 337 tons per day. All of these mining rates are roughly double the October mining rates, indicating significant improvement in the mining at Copperstone. The average daily ore mined represents about 60% of the targeted design rate of 450 tons of ore per day, again, roughly double the ore mining rate in October.



During November, the mine performance improved to an average of 5 rounds of mining progress per day, as compared to 3 rounds per day in October. (A round at Copperstone is eight feet of mining advance resulting from one phase of drilling, blasting and mucking. Although this varies according to rock type, one round at Copperstone generally contains roughly 100 tons of rock).



Ore Processing



Ore tonnage processed through the gold plant during November was steady relative to performance in October. Ore processed during November averaged 351 tons per day (360 tons per day in October), which is 78% of the designed rate of 450 tons per day. The mill throughput is being maintained at this level as the ore feed is comprised increasingly of ore mined from underground. The percentage of mill feed comprising ore grade rock improved to 77% in November compared to less than 50% in October. The balance of processed material is lower grade stockpile rock and low grade mined underground. The milling facility is capable of processing higher tonnage, and will do so in the future as ore extraction from the mine continues to increase.



Mill recovery during November averaged 72%, reflecting the effect of processing the lower grade material, which impacts recovery. Feed to the mill during the beginning of December contains a substantially higher percentage of ore mined from underground, and less lower grade material, which has the potential to increase overall grades and improve recoveries.



Concentrates



Concentrate grades for the gravity circuit averaged 25 ounces of gold per ton, and the flotation concentrate grades averaged 13 ounces per ton. These concentrate grades are improvements over the third quarter performance, and early indications appear much stronger during December. A total of 650 ounces of gold were recovered in concentrate during October. The ounces of gold recovered during November were adversely impacted by ore transport and handling shortcomings exposed by the higher mining rates, and the greater tonnages of rock mined temporarily overwhelmed the ore transport and handling systems. Early indications are that this has been resolved during late November and early December.



Mine and mill performance for the full month of December will be announced during mid-January.



Bonanza wishes to welcome Wayne Tisdale to the Board of Directors. Mr. Tisdale has 35 years of experience in resource financing, exploration and development. He runs his own merchant banking company and sits on the board of directors of a number of private and public companies including president of Declan Resources Inc., a mining issuer operating in Africa.



Mr. Brian Kirwin, President & CEO, commented: "We at Bonanza are thrilled to welcome Mr. Tisdale to the Board of Directors, and are encouraged by recent progress from the underground mine. The gold recovery plant continues to perform well, and recent progress underground suggests that the mine is steadily improving and we look forward to bringing the Copperstone gold mine up to design throughput in the near future."



This release was reviewed by Douglas Wood, P.G., Vice President, Exploration of Bonanza, a non-independent Qualified Person within the meaning of NI 43-101.



About Bonanza



Bonanza is operating the newly constructed Copperstone gold mine in Arizona. For more information please visit Bonanza’s website at www.americanbonanza.com.



AMERICAN BONANZA GOLD CORP.



Brian Kirwin

President & Chief Executive Officer



FORWARD-LOOKING STATEMENTS
This news release includes certain statements and information that may contain forward-looking information within the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of historical facts, including but not limited to the expected increase in head grades, that concentrate grades will improve with optimization of the processing plant and increased tonnages, that changes to the gravity circuit will optimize recoveries, that the processing plant will adapt more readily to changing grades resulting in greater gold recoveries, that the Company will be able to continue increasing throughput to the processing plant up to design levels, the tons mined will continue increasing to design levels, the likelihood of profitable commercial mining, possible future financings, rates and performance of mine and mill production, ground conditions for underground mining, the granting of future key permits, estimated metal production and the timing thereof; and any capital and operating and cash flow estimates and operating costs is forward-looking information. Forward-looking statements or information also include, but are not limited to, statements or information with respect to known or unknown risks, uncertainties and other factors which may cause the actual results to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Mining exploration and development is an inherently risky business, and accordingly the actual events may differ materially from those projected in the forward-looking statements. This forward looking information is based on the reasonable expectations and assumptions of management including: rock quality, gold recoveries, mine and mill equipment performance, civil stability, the maintenance of the current regulatory environment, the continuation of current labor markets,the experience of miners and plant staff, and a stable geological environment. Although Bonanza believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Forward-looking statements or information include statements regarding the expectations and beliefs of management. Often, but not always, forward-looking statements and forward-looking information can be identified by the use of words such as "plans", "expects", "potential", "is expected", "anticipated", "is targeted", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or the negatives thereof or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements or information are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements or information, including, without limitation, risks and uncertainties relating to: history of losses; requirements for additional capital; dilution; loss of its material properties; interest rates increase; global economy; no history of production; future metals price fluctuations, speculative nature of exploration activities; unsuccessful exploration results, periodic interruptions to exploration, development and mining activities; environmental hazards and liability; industrial accidents; failure of exploration, gold recovery in the processing plant and mining equipment to perform as expected; labor disputes; supply problems; uncertainty of production and cost estimates; the interpretation of drill results and the estimation of mineral resources and reserves; that grades of material mined do not meet expected grades; legal and regulatory proceedings and community actions; title matters; regulatory restrictions; permitting and licensing; volatility of the market price of Common Shares; insurance; competition; hedging activities; currency fluctuations; loss of key employees or management personnel; general economic conditions; as well as those factors discussed in the section entitled "Risk Factors" in the Company's Form 20-F and other public disclosure filings. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements or information. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information. The Company seeks Safe Harbor, and disclaims any intent or obligation to update forward-looking statements or information except as required by law, and the reader is referred to the full discussion of the Company's business contained in the Company's reports filed with the securities regulatory authorities in Canada. For more information on Bonanza and the risks and challenges of its business, investors should review Bonanza's annual filing on Form 20-F with the U. S. Securities Commission and its home jurisdiction filings that are available at www.sedar.com.





For further information call or email:



Phone: [phone]

Email: [e-mail]

[Errie]

News update 12/20/2012

[Errie]

BZA down to 0.14. ABGFF should go down to 0.136 to match

[AlanC]

I agree. It is being held down. Go ABGFF!!!

[Errie]

The only other answer would be that there is not enough gold in the ore to make this viable. Gold is where you find it, and even if you work 24/7, it will get you nowhere.
I have invested heavily in this, and will change that before we get another PR of why the goal posts have been moved again.

[Errie]

I have invested in both ABGFF and BZA.TO. Looking at volume and price of trades, I get the feeling that the stock price is manipulated.

[AlanC]

FINRA short sales for ABGFF
20121119|ABGFF|71000|0|123100|O
57.6% of today's volume was short sales!
Go ABGFF!!!

[Errie]

We got news!!

I saw on Friday that there were 22 cars in the parking area, and everything was still running at 15h52.

These guys mean business, and good Q4 results released Feb with the gold price at $2100 ? will make my investment well worth it.

I am long, and adding.

The above is my own opinion, and my reason for flying to the mine was to address my own concerns about the lack of communication from the company.

[srm4u]

American Bonanza's Copperstone Gold Mine Progress

November 19, 2012 - American Bonanza Gold Corp. (TSX: BZA, OTCQX: ABGFF) (“Bonanza” or “Company”) is pleased to announce that the 100% owned Copperstone gold mine in Arizona has made significant progress during October. The focus over the recent period has been on increasing ore output from the underground mine and accelerating the development mining. The Company is encouraged with the recent progress as it continues towards its goal of achieving commercial production, now estimated for the first quarter of 2013.

Development Mining

Ore is currently available for mining in three zones, which is the initial milestone towards bringing mine output to design levels of 450 tons per day of ore. A total of four headings are being mined in ore currently. Each of the three zones is now developed with access, power distribution, water management and scout drilling for the detailed short term planning. Ore planned for extraction during the next two months is now fully developed for mining.

The main objective for the development mining program is now to provide access to two additional zones over the next month. This will provide ore available for mining subsequent to the three zones which are currently being mined. A dedicated development mining team is being assembled to continue the acceleration of the development mining.

Ore Mining

As a consequence of the development mining accelerating, ore extraction rates increased during October and continue to improve during November. Total rock mined during the first half of November exceeds the same total for the entire month of October. During the first half of October, the mine averaged 2.5 rounds per day, and during the second half of October, the mine averaged 3.1 rounds per day. For the first half of November, the mine has averaged over 4 rounds per day. A round at Copperstone is eight feet of mining advance resulting from one phase of drilling, blasting and mucking. Although this varies according to rock type, one round at Copperstone generally contains roughly 100 tons of rock. During October, ore mined averaged 139 tons per day, which is 31% of the design rate. Total rock mined during October averaged 291 tons per day.

Ore Processing

Ore processed through the gold plant during October has improved relative to the previous performance during the third quarter of 2012. The material processed in October has been ore mined from underground with the addition of lower grade and stockpiled material, resulting in higher tonnage processed than mined. Ore processed during October averaged 360 tons per day, which is 80% of the designed rate of 450 tons per day. The milling facility is capable of processing higher tonnage, and will do so in November as ore extraction from the mine continues to increase. Mill recovery during October averaged 72%, reflecting the effect of processing lower grade material, which impacts recovery. Feed to the mill during the beginning of November contains substantially more ore grade material from mining, and less low grade material, which has the potential to increase overall grades and thus improve recoveries.

Concentrates

Concentrate grades for the gravity circuit averaged 42 ounces of gold per ton, and the flotation concentrate grades averaged 17 ounces per ton. These concentrate grades are improvements over the third quarter performance, and continue to look strong during November. A total of 902 ounces of gold were shipped in concentrate during October.

Mine and mill performance for the full month of November will be announced during mid-December.

Mr. Brian Kirwin, President & CEO, commented: "We at Bonanza are all encouraged by recent progress from the underground mine. The gold recovery plant continues to perform well, and recent progress underground suggests that the mine is steadily improving and we look forward to bringing the Copperstone gold mine up to design throughput in the near future."

This release was reviewed by Douglas Wood, P.G., Vice President, Exploration of Bonanza, a non-independent Qualified Person within the meaning of NI 43-101.

About Bonanza

Bonanza is operating the newly constructed Copperstone gold mine in Arizona. For more information please visit Bonanza’s website at www.americanbonanza.com.

AMERICAN BONANZA GOLD CORP.

Brian Kirwin

President & Chief Executive Officer

FORWARD-LOOKING STATEMENTS
This news release includes certain statements and information that may contain forward-looking information within the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of historical facts, including but not limited to the expected increase in head grades, that concentrate grades will improve with optimization of the processing plant and increased tonnages, that changes to the gravity circuit will optimize recoveries, that the processing plant will adapt more readily to changing grades resulting in greater gold recoveries, that the Company will be able to continue increasing throughput to the processing plant up to design levels, the tons mined will continue increasing to design levels, the likelihood of profitable commercial mining, possible future financings, rates and performance of mine and mill production, ground conditions for underground mining, the granting of future key permits, estimated metal production and the timing thereof; and any capital and operating and cash flow estimates and operating costs is forward-looking information. Forward-looking statements or information also include, but are not limited to, statements or information with respect to known or unknown risks, uncertainties and other factors which may cause the actual results to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Mining exploration and development is an inherently risky business, and accordingly the actual events may differ materially from those projected in the forward-looking statements. This forward looking information is based on the reasonable expectations and assumptions of management including: rock quality, gold recoveries, mine and mill equipment performance, civil stability, the maintenance of the current regulatory environment, the continuation of current labor markets, the experience of miners and plant staff, and a stable geological environment. Although Bonanza believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Forward-looking statements or information include statements regarding the expectations and beliefs of management. Often, but not always, forward-looking statements and forward-looking information can be identified by the use of words such as "plans", "expects", "potential", "is expected", "anticipated", "is targeted", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or the negatives thereof or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements or information are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements or information, including, without limitation, risks and uncertainties relating to: history of losses; requirements for additional capital; dilution; loss of its material properties; interest rates increase; global economy; no history of production; future metals price fluctuations, speculative nature of exploration activities; unsuccessful exploration results, periodic interruptions to exploration, development and mining activities; environmental hazards and liability; industrial accidents; failure of exploration, gold recovery in the processing plant and mining equipment to perform as expected; labor disputes; supply problems; uncertainty of production and cost estimates; the interpretation of drill results and the estimation of mineral resources and reserves; that grades of material mined do not meet expected grades; legal and regulatory proceedings and community actions; title matters; regulatory restrictions; permitting and licensing; volatility of the market price of Common Shares; insurance; competition; hedging activities; currency fluctuations; loss of key employees or management personnel; general economic conditions; as well as those factors discussed in the section entitled "Risk Factors" in the Company's Form 20-F and other public disclosure filings. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements or information. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information. The Company seeks Safe Harbor, and disclaims any intent or obligation to update forward-looking statements or information except as required by law, and the reader is referred to the full discussion of the Company's business contained in the Company's reports filed with the securities regulatory authorities in Canada. For more information on Bonanza and the risks and challenges of its business, investors should review Bonanza's annual filing on Form 20-F with the U. S. Securities Commission and its home jurisdiction filings that are available at www.sedar.com.

For further information call or email:
Phone: [phone]
Email: [e-mail]

[srm4u]

VANCOUVER, BRITISH COLUMBIA, Nov 13, 2012 (MARKETWIRE via COMTEX) -- Mesa Exploration Corp. (pinksheets:MSAJF) announces that it has acquired a 100% interest in the Oatman gold and Belmont silver projects. The projects were purchased from American Bonanza Gold Corp. for $75,000. Bonanza retains a 3% NSR royalty, half of which can be purchased by Mesa for $2,000.000. Foster Wilson, president and CEO of Mesa Exploration, commented, "We are very pleased with this acquisition, both projects are highly prospective and are adjacent to historic productive mines. The Bounty potash project continues to remain the principal development project for the company where we are currently working towards securing drilling permits."

Oatman Gold Project

The Oatman Mining District lies in western Arizona and had continuous mining from 1864 through the 1930s. Mines in the district produced over 2 million ounces of gold with an average grade of 0.67 ounces of gold per ton, making it one of the highest grade gold mining districts in western North America. The property is located at the intersection of the two main productive veins in the Oatman Mining District. The project has 68 unpatented mining claims totaling 1,360 acres.

Belmont Silver Project

The Belmont Mining District is in central Nevada within the Walker Lane, a world class gold and silver province. Silver was discovered at Belmont in 1865 and produced approximately 15 million ounces of silver at bonanza grades, averaging 60 ounces of silver per ton, with some stopes grading over 250 ounces of silver per ton. The historically mined veins trend beneath alluvial cover, where exploration potential exists for the discovery of a high grade silver deposit. The project has 24 unpatented mining claims totaling 480 acres.

About Mesa Exploration

Mesa is developing and exploring a portfolio of mineral properties in the United States where it controls significant land holdings in proven mining districts with excellent access and infrastructure. Mesa currently has 14.7 million shares issued and outstanding, 50% of the shares are controlled by insiders and institutions. For further information please visit our website at www.MesaExploration.com .

ON BEHALF OF THE BOARD

MESA EXPLORATION CORP.

Foster Wilson, President and CEO

This news release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, including the likelihood of commercial mining and possible future financings are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include unsuccessful exploration results, changes in metals prices, changes in the availability of funding for mineral exploration, unanticipated changes in key management personnel and general economic conditions. Mining is an inherently risky business. Accordingly the actual events may differ materially from those projected in the forward-looking statements. For more information on the Company and the risks and challenges of its business, investors should review the Company's annual filings that are available at www.sedar.com .

The TSX Venture Exchange has neither approved nor disapproved of the contents of this news release.

Contacts:
Mesa Exploration Corp.
Corporate Communications
775-379-3993

[Errie]

I was impressed. The lack of communication is frustrating.

This week I will put some more into ABGFF.

[srm4u]

Gold and Silver

The sell-offs this week were apparent with some major sellers taking control right at market open for four consecutive days.

Whether it was Apple traders forced to sell winning collateral to meet margin calls, or algotraders taking control, it was clear that a group of sellers forced prices down.

Remember, gold is now being accepted to meet margin calls by many financial institutions. I mentioned this first back in 2010. Since then, gold has become a collateral standard to meet margin calls by many of the major institutions. As a result of the massive selloff earlier in the week, there's a good chance gold was forced down to meet margin call demands on losing bets.

While you should be careful as gold and silver may fall with the broader market (to meet margin calls etc.), the overall outlook remains the same.

As I said before, we're in a period of stagflation. The inflation cues are here but there's a deflationary drag pulling on the economy; that is why the Fed has been able to print endlessly without an immediate and dramatic rise in inflation.

I remain long both gold and silver. It's pointless to reflect on every small percentage drop or gain in this market. Hold tight and stay away from media manipulators; they have little clue as to the real price action of the metals.

Despite the market selloff, the Equedia Select Portfolio remains in good shape; still beating the markets, and still with room to climb.
http://campaign.r20.constantcontact.com/render?llr=orkbnrcab&v=001pbUA9HXeQV-DneY9kGu_Ii55ElJCvQ5rg-gZ15U44X2hV_TZEb9CaZlpCdfFVTeOBq-xYOqEYZ3VV4VYfcg1wvZVYiCleYmOAdfOyvljyCE%3D

[gjw46]

Errie,
So... what did you observe during your flyover? I've been buying this weakness in a big way and am looking forward to the Copperstone mine's commercial rebirth.G

[Errie]

Stop wasting my time, and delete me.

[Errie]

I seems you are about 70% down since your last post.

Stick to facts and to not show your frustration.

I flew over the mine yesterday to have a look for myself.

[Errie]

Read my post of 11/08 - confirmed with the Q3 filing. In writing.

[AlanC]

What have you confirmed, with who specifically and do you have it in writing? I would like to reconfirm. Go ABGFF!!!

[Errie]

Confirmed

[Errie]

In the last few months this board has been dead.

No replies to my e-mails from the company either.

I get the idea that the gold % per ton is lower than expected, which was an excuse for the poor Q2 results as well.

[Errie]

Does Sprott still have these? Then he lost a few million since buying.

[saturn_five]

ABGFF (or BZA) seems like a good bet to me ... buying (averaging down) in the .15 to .16 range.
iirc, Sprott owns aboot 12% of American Bonanza Gold.
GLTA

[Errie]

Someone trying to keep this low - expect news mid Nov .

[Errie]

50% shorted 10/16/2012.

[AlanC]

That's the legal short! How big is the illegal short?

Going to get very interesting once this documentary goes to the big screen !

http://houston.culturemap.com/eventdetail/film-screening-premiere-wall-street-conspiracy/

[Errie]

43% Shorted 10/15/2012

[Errie]

An operational gold mine with market cap close to 50M that has been stockpiling gold, released very little news, trading at 0.22!

The current investors will have a great 2013, even if the gold price hovers around 1800/oz ( very unlikely )

[Errie]

Results for Q3 will be announced mid Nov, just after the US selection.

Kirwin is playing the game perfectly.

[srm4u]

http://www.sedar.com/GetFile.do?lang=EN&docClass=14&issuerNo=00021957&fileName=/csfsprod/data135/filings/01963198/00000001/f%3A\data2\SEDAR\57278_BZA\MCR\Sept-24-2012-MCR.pdf

http://www.sec.gov/cgi-bin/browse-edgar?company=American+Bonanza+Gold+Corp.+&match=&CIK=&filenum=&State=&Country=&SIC=&owner=exclude&Find=Find+Companies&action=getcompany

[EarlyOne]

Another reason to buy gold and PM miners...like $ABGFF

U.S. Credit Rating Downgraded Again, QE3 Cited as Cause
Posted on September 14, 2012 at 3:48pm by Becket Adams

atings agency firm Egan-Jones on Friday downgraded the U.S.’s credit rating to “AA-“ from ”AA,” citing the Federal Reserve’s decision to go through with a third round of quantitative easing (or QE3).

The agency claims QE3, which is open-ended and unlimited, will drive down the value of the dollar, raise commodity prices, and do little to increase real gross domestic product.

Here’s the statement:

… the FED’s QE3 will stoke the stock market and commodity prices, but in our opinion will hurt the US economy and, by extension, credit quality. Issuing additional currency and depressing interest rates via the purchasing of MBS does little to raise the real GDP of the US, but does reduce the value of the dollar (because of the increase in money supply), and in turn increase the cost of commodities (see the recent rise in the prices of energy, gold, and other commodities).
The increased cost of commodities will pressure profitability of businesses, and increase the costs of consumers thereby reducing consumer purchasing power.

Hence, in our opinion QE3 will be detrimental to credit quality for the US.

[...]
From 2006 to present, the US’s debt to GDP rose from 66% to 104% and will probably rise to 110% a year from today under current circumstances; the annual budget deficit is 8%. In comparison, Spain has a debt to GDP of 68.5% and an annual budget deficit of 8.5%.
We are therefore downgrading the US country rating from “AA” to “AA-”.

ot familiar with Egan-Jones? You may recall they were the firm that downgraded the U.S. last July even before Standard & Poor did.

“Regardless of who does the downgrade, you have to pay attention — maybe they’re not as well known, but Egan Jones has been ahead of the pack for a while,” Joe Saluzzi, co-manager of trading at Themis Trading told CNBC.

Moody’s Investors Service rates the U.S. “Aaa,“ Fitch ”AAA,” and Standard & Poor’s rates the U.S. “AA-plus.“ Each rating has a ”negative outlook.”

[MerthyrQ]

I did a bit of inspection and research this week into status of the mine operations. I further understand no that the operations are ongoing and successful. The financial statements support this view, but the company remains silent when it comes to press releases or other actions which would draw attention to the stock.

It is interesting. It is not often that a successful company remains silent, thus keeping the price per share down.....for whatever their reason. It is OK, it give some of some nice buying opportunities.

[MerthyrQ]

ABGFF is moving forward in development and production. Interesting the financial statements content where it comes to revenue. Revenue? What a novel concept.

I believe this stock is underpriced. I will reserve comment on how much I believe it is underpriced.

[MerthyrQ]

Link to June 30, 2012 financial statements for ABGFF

http://www.sedar.com/GetFile.do?lang=EN&docClass=5&issuerNo=00021957&fileName=/csfsprod/data133/filings/01943811/00000001/v%3A\AmericanBonanzaGold\SEDAR\0023311_Aug13_2012\filed\ABG-Q2FS.pdf

[srm4u]

Has QE3 Already Begun?

According to recent statements by Bernanke, the Fed stands ready to act with further easing of monetary policy (QE3) if economic conditions warrant it. But let's face it: Because the Fed has never been audited, we only receive the data it deems fit to publish. Does anyone really believe the Fed is publishing true accounting numbers? I'm starting to suspect Bernanke has already begun the next round of quantitative easing.

Politically, QE is a hot potato and impossible to publicly announce. But there have been enough hints (the last FOMC minutes may have been the loudest) that Bernanke intends to print.

First case in point: The CRB exploded out of its three-year cycle low in June just as I had predicted. Oil is already knocking on the door of $100 per barrel again. In many cases, grains have rallied 50% or more and show no signs of reversing. As a matter of fact, the CRB is showing no inclination to even retest the summer bottom. The complete failure up to this point of commodities to retest the three-year cycle low is in itself a warning that something has changed. I think we can all agree that the global economy didn't all of a sudden ratchet into high gear, creating a surge in demand. Barring that, the only thing that would generate this kind of explosive move without even a hint of a correction would be another round of massive liquidity injections.

Another odd development is the action in bonds. A month and a half ago, the bond market started to discount the inflationary surge as commodities launched out of their three-year cycle low. Mysteriously, two weeks ago, interest rates started to tank.

Read more: http://www.minyanville.com/sectors/precious-metals/articles/monetary-policy-qe3-Quantitative-easing-gold/9/4/2012/id/43693#ixzz25XxljtNT

[srm4u]

gold approaching $1700/ounce, up $36.3 today on expectations of QE3

http://www.marketwatch.com/story/bernanke-qe-has-and-can-work-more-2012-08-31-101031933?dist=countdown

[srm4u]

http://www.sedar.com/CheckCode.do;jsessionid=0000jQCw8yGIRIBUQV93CrJgaF3:-1

http://www.sec.gov/Archives/edgar/data/1072019/000106299312002856/exhibit99-1.htm
http://www.sec.gov/Archives/edgar/data/1072019/000106299312002856/exhibit99-2.htm
http://www.sec.gov/Archives/edgar/data/1072019/000106299312002856/0001062993-12-002856-index.htm

[EarlyOne]

Any know what is going on with this stock?

There was a pretty good dump today. Someone drop some shares on the market today. When all the shares were absorbed the buyers bid the stock back up by the close.