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Emgold Mining Corp. (TSX:EMR)
Last Price (USD) $0.225
Change ? -0.015 (-6.25%)
Bid 0.225
Ask 0.24
Volume 5,013
Days Range 0.225 - 0.235
Last Trade 4/27/2010 3:02:38 PM
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Emgold Closes Second Tranche of Private Placement Financing
Press Release Source: Emgold Mining Corporation On Monday April 26, 2010, 3:58 pm EDT
http://finance.yahoo.com/news/Emgold-Closes-Second-Tranche-ccn-3335854177.html?x=0&.v=1
VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 26, 2010) - Emgold Mining Corporation (TSX VENTURE:EMR - News; PINK SHEETS:EGMCF - News; FRANKFURT:EML - News; the "Company" or "Emgold") is pleased to announce that it has closed a second tranche of its previously announced non-brokered private placement. A total of 1,400,000 Units were issued at the price of US$0.25 per Unit to raise US$350,000, Each Unit consists of one common share of the Company and one non-transferable share purchase warrant (the "Warrant"). Each Warrant entitles the holder to purchase, for a period of 24 months, one additional common share of the Company at a price of US$0.35. The shares and warrants issued in connection with this non-brokered private placement are subject to a minimum hold period of four months.
Finder's Fees of US$28,000 and 112,000 Finder's Warrants were awarded in relation to the second tranche of the financing. Each Finder's Warrant entitles the holder to purchase, for a period of 24 months, one common share of the Company at a price of US$0.25. The Finder's Warrants are subject to a minimum hold period of four months.
Total proceeds to date from tranche one and two of the private placement financing now total US$750,000, fully subscribing the original private placement amount announced in Emgold's March 4th press release. Due to investor interest, the amount of the financing has been increased to US$1,250,000 as announced in Emgold's April 12th press release.
The proceeds from the sale of the Units will be used for general working capital, including payment of accounts payable accrued during the recent restructuring of the Company.
For more information about Emgold, the Idaho-Maryland Gold Project and the Buckskin Rawhide, Stewart, and Rozan Properties, please visit www.emgold.com.
This release is not an offer of securities for sales in the United States. Securities may not be offered or sold in the United States absent registration or exemption from registration.
On behalf of the Board of Directors
David G. Watkinson, President & COO
This release was prepared by the Company's management.
This news release includes certain statements that may be deemed "forward-looking statements". Statements in this release, that relate to the proposed increase in the private placement and use of proceeds are forward-looking statements. There is no assurance that the private placement will be fully subscribed or that the amount raised will be sufficient to accomplish all of the intended purposes. Risks that could affect the outcome implied by the forward-looking statements include volatility in the Company's share price, changing investor interest, and general economic and market conditions. For more information on the Company, Investors should review the Company's filings that are available at http://www.sedar.com/ or the Company's website at www.emgold.com.
U.S. 20-F Registration: 000-51411
Neither TSX Venture Exchange nor its Regulation Services Provider (as the term is defines in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contact:
David G. WatkinsonEmgold Mining CorporationPresident & COO604-687-4622 or Toll Free: 1-888-267-1400info@emgold.comhttp://www.emgold.com/
ELKO, Nev. Senate Majority Leader Harry Reid says Congress won't act on mining law reform this year.
Reid: No action on mining reform this year
The Associated Press
The Nevada Democrat says Congress already is "overloaded" with other issues and won't have the time to consider mining.
Reid, the son of a hardrock miner, says he would like to see reform that's acceptable to the mining industry.
* http://www.elkodaily.com
He pledged to "take care" of the industry when the time comes to consider the issue.
The industry opposes bills introduced last year in the House and Senate to overhaul the 1872 law that still governs mining in the U.S.
Mining law reform has come before Congress many times over the years, and Reid has used his influence to block bills that the industry opposes.
Mining is a major industry in Nevada, particularly around Elko.
Information from:
Elko Daily Free Press,
http://www.elkodaily.com
>Thanks Bob; still patiently holding.
sumi
Emgold Mining (Tier2 (TSX:EMR)
Last Price (USD) $0.255
Change ? -0.04 (-13.56%)
Bid 0.255
Ask 0.275
Volume 12,795
Days Range 0.25 - 0.26
Last Trade 3/1/2010 1:56:33 PM
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http://www.emgold.com
Emgold Mining (Tier2 (TSX:EMR)
Last Price (CAD)
$ 0.36
Change
? -0.005 (-1.37%)
Bid 0.35
Ask 0.36
Volume 4,021
Day's Range 0.36 - 0.365
Last Trade 3:48:03 PM EST
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http://www.emgold.com
Emgold Mining Corporation Announces Option and Purchase Agreement on Its Rozan Property, British Columbia With Valterra Resource Corporation
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 14, 2010) - Emgold Mining Corporation (TSX VENTURE:EMR - News; OTCBB:EGMCD - News; FRANKFURT:EML - News; the "Company" or "Emgold") is pleased to announce that it has entered into a Lease and Option to Purchase Agreement (the "Agreement") with Valterra Resource Corporation ("Valterra") on Emgold's Rozan Gold-Silver Property, located in the Nelson Mining District, British Columbia, Canada.
Valterra is a Vancouver based junior gold exploration company focused on exploring high-grade mineral deposits in British Columbia. Valterra controls approximately 9,000 hectares of mineral claims including the "Star" gold-silver claims and the adjacent "Toughnut" gold-silver-copper-lead-zinc claims, near Emgold's Rozan Property. These two projects encompass over 1,900 hectares and cover five gold-silver-polymetallic mineralized zones that are structurally aligned within a 3.5 kilometer belt called the Silver King Shear Zone. The Silver King Shear Zone continues southeast toward the past-producing Silver King Mine and the 8,173 hectare Kena Gold-Copper Property owned by Sultan Minerals Corporation ("Sultan").
The Rozan Property consists of 1,950 hectares representing 32 mineral claims, located near the Star, Toughnut, and Kena properties. The property was initially discovered by prospectors in 1928 and subsequently explored for gold. A small mining operation yielded 115 tons containing 127 ounces of gold with small amounts of silver, lead and zinc. Previous work on the property includes prospecting, geological mapping, and geochemical sampling. Geochemistry surveys have defined an extensive high grade gold soil anomaly that covers an area greater than 1,000 meters by 1,500 meters, nearly all on the south side of Red Mountain, with indicator elements anomalous in arsenic, tungsten, molybdenum, copper, bismuth, iron, barium and others metals. The anomaly, as currently understood, is open to the southeast.
Since acquiring the Rozan Property, Emgold discovered a new zone on the property (the "Flying Dutchman Zone") located approximately 1.6 kilometers east of the Rozan "Main Vein". The Flying Dutchman zone was drill tested by Emgold with two diamond drill holes in 2000. Hole 00R0Z-01 returned 1.45 grams per tonne gold over 4.1 meters and hole 00ROZ-02 returned 60.73 grams per ton gold over 0.25 meters.
Emgold management believes that the coupling the Rozan Property together with the Star and Toughnut Properties owned by Valterra, will allow for systematic exploration of the combined claims, increasing the potential for an economically significant discovery.
As part of the Lease and Option to Purchase Agreement with Emgold, Valterra will have the following cumulative work commitments on the Rozan Property during the term of its lease:
[continued in following link]
http://finance.yahoo.com/news/Emgold-Mining-Corporation-ccn-1571662588.html?x=0&.v=1
Emgold Mining (Tier2 (TSX:EMR)
Last Price (CAD)
$ 0.045
Change
? -0.005 (-10.00%)
Bid 0.045
Ask -
Volume 1,000
Day's Range 0.045 - 0.045
Last Trade 11:27:46 AM EST
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Emgold Options Buckskin Rawhide Gold-Silver Property in Nevada
Press Release
Source: Emgold Mining Corporation
On 8:38 pm EST, Tuesday December 1, 2009
http://finance.yahoo.com/news/Emgold-Options-Buckskin-ccn-1474640312.html?x=0&.v=1
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 1, 2009) - Emgold Mining Corporation (TSX VENTURE:EMR - News; OTCBB:EGMCF - News; FRANKFURT:EML - News; the "Company" or "Emgold") is pleased to announce that it has signed a Lease and Option to Purchase Agreement with Nevada Sunrise LLC to acquire the Buckskin Rawhide gold-silver property (the "Property") in western Nevada. The Property comprises 46 unpatented lode claims totaling 920 acres and is under the jurisdiction of the US Bureau of Land Management. The Property is located approximately 40 miles southeast of Fallon in the Rawhide Mining District and is 1.5 miles west of the former Denton-Rawhide Mine, which was operated by Kennecott Mineral Company. The Denton-Rawhide Mine is reported to have produced 1.47 million ounces of gold and 11.7 million ounces of silver from the years 1988 to 2005.
The Buckskin Rawhide Property
The Buckskin Rawhide Property is within the mineral rich western Nevada Walker Lane structural zone and gold belt, which is reportedly a regional shear zone of right lateral strike slip faulting. Walker Lane is a well-known gold camp that hosts large and small historic and recent gold-silver mines including mines of the Comstock Lode, Tonopah Mining District and Rawhide Mining District.
The Property contains a volcanic-hosted epithermal gold-silver target with geology similar to the nearby Denton-Rawhide Mine. Historic mining occurred on the Property, mostly between the years 1906 and 1920. Emgold's exploration plans to focus on low grade disseminated mineralization along with higher grade veins.
Modern exploration at the Property reportedly began in 1982 and consisted of geologic and alteration mapping, surface rock chip geochemical sampling, and reverse circulation drilling, most of which was done by Kennecott Minerals. One drillhole, number RK-2789, located on the Black Eagle Vein, produced economically significant assay results, as shown in the table below:
-------------------------------------------------------------------------
Depth (ft) Interval Thickness (1) (ft) Gold (oz/ton) Silver (oz/ton)
-------------------------------------------------------------------------
80-90 10 0.21 3.36
-------------------------------------------------------------------------
80-105 25 0.13 1.68
-------------------------------------------------------------------------
20-115 95 0.049 0.82
-------------------------------------------------------------------------
(1) Interval Thickness is not true thickness.
None of these results can be verified for the purposes of National Instrument 43-101 ("NI 43-101") and therefore this information is not NI 43-101 compliant. It is, however, a useful guide for future exploration.
Lease Option and Purchase Agreement
The Buckskin Rawhide property is currently 75% owned by Nevada Sunrise LLC, a private Nevada company and 25% owned by Maurice and Lorraine Castagne. Nevada Sunrise LLC is the current operator. Emgold has agreed to lease the property from Nevada Sunrise LLC, subject to the following payments:
-------------------------------------------------------------------------
Year Advance Royalty Payment
-------------------------------------------------------------------------
2009 US$10,000 (1)
-------------------------------------------------------------------------
2010 US$10,000 (1)
-------------------------------------------------------------------------
2011 US$10,000 (1)
-------------------------------------------------------------------------
2012 US$20,000 (1)
-------------------------------------------------------------------------
2013 US$40,000 (1)
-------------------------------------------------------------------------
2014 US$60,000 (2)
-------------------------------------------------------------------------
2015 US$60,000 (2)
-------------------------------------------------------------------------
2016 US$60,000 (2)
-------------------------------------------------------------------------
2017 US$60,000 (2)
-------------------------------------------------------------------------
2018 US$60,000 (2)
-------------------------------------------------------------------------
2019 US$60,000 (2)
-------------------------------------------------------------------------
Note: (1) Lease payments may be paid in either cash or Emgold common
shares based on an average price of shares traded during the
calendar month prior to the payment due date.
(2) Lease payments may be paid in Emgold common at the discretion
of Nevada Sunrise based on an average price of shares traded
during the calendar month prior to the payment due date.
During the lease period, Emgold may conduct exploration and, if warranted, complete a NI 43-101 compliant feasibility study. On completion of the feasibility study, Emgold may acquire 100% ownership of the Property by paying Nevada Sunrise an additional amount of US$250,000 which Nevada Sunrise is required to use to purchase the retained 25% interest from Maurice and Lorraine Castagne as per an underlying property agreement, and to transfer that title to Emgold Mining Corporation. Upon commercial production and after acquisition of 100% interest in the Property by Emgold, Nevada Sunrise will be entitled to a 2.5 percent Net Smelter Royalty on production from the Property.
The Buckskin Rawhide is an early stage exploration property situated in Nevada, a state that recognizes the importance of its mineral resources and supports mineral production. Nevada continues to rank as one of the top mining regions of the world.
"The Buckskin Rawhide property represents an excellent low-cost opportunity for gold discovery and growth," stated David Watkinson, President and COO. "This is a project which will diversify and add value to the Company while at the same time we continue to pursue the permitting process for our core asset, the Idaho-Maryland Project, located in Grass Valley, CA. The Idaho-Maryland Project is at an advanced stage of permitting and the Company remains committed to completing the permitting process and reopening the Idaho-Maryland Mine. The Idaho-Maryland Project has 472,000 ounces of measured plus indicated gold resources and another 1,002,000 ounces of inferred gold resources, all of which are NI 43-101 compliant. Historically the mine is reported to have produced 2.4 million ounces of gold at an average grade of 0.43 ounces per ton."
Finalization of the Buckskin Rawhide lease agreement is subject to regulatory approval. For more information about Emgold, the Idaho-Maryland Gold Mine Project please read the Idaho-Maryland Project Overview or visit www.emgold.com.
On behalf of the Board of Directors
David G. Watkinson, President & COO
This release was prepared by the Company's management.
This news release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that the Company expects 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 market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, Investors should review the Company's filings that are available at www.sedar.com or the Company's website at www.emgold.com.
U.S. 20-F Registration: 000-51411
Neither TSX Venture Exchange nor its Regulation Services Provider (as the term is defines in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contact:
David G. WatkinsonEmgold Mining CorporationPresident & COO604-687-4622 or Toll Free: 1-888-267-1400info@emgold.comwww.emgold.com
At the shareholders' meeting, a special resolution was passed authorizing the directors, subject to receipt of all necessary regulatory approvals, to proceed in their discretion with a consolidation of all the issued and outstanding common shares of the Company on the basis of one (1) new post-consolidation common share for every ten (10) pre-consolidation common shares.
its not good at this low share price -
it should have be done at a higher price -
ex. at 2004 -
this r/s is very negative for all long time shareholders -
2004 - we did know what we know today -
The Idaho-Maryland old GOLD mine has to be restarted -
for US good
(against all elitez banksterz 666bolshevikz destroyerz -
who try their 666evilz gangz to turn US into a new ussrz) -
imo. tia.
God Bless
Wednesday, September 23, 2009
TSX Venture Exchange: EMR
OTC Bulletin Board: EGMCF
Frankfurt Stock Exchange: EML
U.S. 20-F Registration: 000-51411
Emgold Mining Corporation Annual And Special Meeting
At the Annual and Special Meeting of the shareholders of Emgold Mining Corporation (EMR - TSX Venture) (the "Company" or "Emgold") held on Friday, September 18, 2009 Sargent Berner, Kenneth Yurichuk, David G. Watkinson, Stephen J. Wilkinson and William J. Witte were re-elected as directors of the Company and PricewaterhouseCoopers were re-appointed as the Company's auditors for the following year. Shareholders also ratified and approved the continuation of the Company's 10% rolling stock option plan, in accordance with the requirements of the TSX Venture Exchange.
At the shareholders' meeting, a special resolution was passed authorizing the directors, subject to receipt of all necessary regulatory approvals, to proceed in their discretion with a consolidation of all the issued and outstanding common shares of the Company on the basis of one (1) new post-consolidation common share for every ten (10) pre-consolidation common shares. The share consolidation was recommended by Emgold management as necessary with respect to the Company's ability to obtain required additional financing, and management wishes to express their appreciation to our shareholders for their continued support. It is not anticipated that there will be a change of name in connection with the share consolidation.
Shareholder approval was also given for the amendment of the terms of the Company's outstanding Series A First Preference Shares, by changing the conversion ratio for the exchange of First Preference Shares into common shares from one (1) pre-consolidation common share for four Series A First Preference Shares to one (1) post-consolidation common share for each Series A First Preference Share. This amendment will also require regulatory approval, and it is intended that application will also be made in the near future for this.
It is expected that application for the required regulatory approval and the share consolidation will be made effective in the near future. Meanwhile the Company is continuing its efforts to secure new financing to complete the Environmental Impact Report for its Idaho-Maryland Project in Grass Valley, California. We anticipate that the required new financing would be carried out in conjunction with the planned consolidation.
On behalf of the Board of Directors,
David G. Watkinson, P.Eng.
President and Chief Operating Officer
For further information please contact:
Jeff Stuart, Manager, Investor Relations
Tel: (604) 687-4622 Fax: (604) 687-4212
Email: info@emgold.com
No regulatory authority has approved or disapproved the information contained in this news release.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
futr
Emgold Mining (Tier2 (TSX:EMR)
Last Price (CAD)
$ 0.085
Change
▲ 0.01 (13.33%
Bid 0.08
Ask 0.085
Volume 2,000
Day's Range 0.085 - 0.085
Last Trade 9:30:05 AM EDT
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Emgold Mining (Tier2 (TSX:EMR) fiat (CAD) $0.075
Change
◊ 0
Bid 0.075
Ask 0.08
Volume 50,000
Day's Range 0.075 - 0.075
Last Trade 12:36:52 PM EDT
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http://www.emgold.com
Emgold Announces Proposed CDN$6.0 Million Equity Line Financing and CDN$2.9 Million Convertible Loan Financing
Press Release
Source: Emgold Mining Corporation
On Thursday July 23, 2009, 8:15 am EDT
http://finance.yahoo.com/news/Emgold-Announces-Proposed-ccn-726548017.html?x=0&.v=1
VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 23, 2009) - Emgold Mining Corporation (TSX VENTURE:EMR - News; OTCBB:EGMCF - News; FRANKFURT:EML - News; the "Company" or "Emgold") is pleased to announce that it has settled a term sheet with Dunn Capital Partners ("Dunn"), an Ontario based investment firm specializing in equity line financings, and three of Emgold's principal shareholders RAB Special Situations (Master) Fund Limited ("RAB"), Galaxy Fund, Inc. ("Galaxy"), and HRP Select Opportunities Fund LP ("Hunter") under which, subject to certain conditions including completion of a 10 for one (10:1) consolidation of the Company's issued and outstanding common shares, receipt of all necessary regulatory and board approvals, the filing of and receipt for a short form prospectus and definitive documentation, Dunn will commit to subscribe for up to CDN$6.0 million in newly issued Emgold shares under an equity line financing arrangement (the "Equity Line").
The term sheet also contemplates the purchase by Dunn of up to an aggregate of 31 million previously issued Emgold shares, held by RAB, Galaxy, and Hunter. The sales of the 31 million shares will occur in tranches of not more than 9.9% of Emgold's issued and outstanding shares at the applicable time and at a price equal to a discount to the volume weighted average price ("VWAP") of the Company's shares during the five day period commencing on the date that RAB or Galaxy or Hunter, as applicable, notify Dunn that it wishes to sell Emgold shares, provided that all sales are completed by August 15, 2009.
Following each sale of their Emgold shares to Dunn, RAB, Galaxy, and Hunter will advance to Emgold the sale proceeds by way of convertible loans (the "Interim Financing").
The proceeds of the Interim Financing will be used by the Company for working capital and to satisfy the conditions to the Equity Financing, including obtaining shareholder approval for the share consolidation, preparation of a short form prospectus and for general working capital. The amount of the Interim Financing will depend on the proceeds received by RAB, Galaxy, and Hunter for their existing shares. Assuming a sale price of CDN$0.10 per share and the sale of an aggregate of 31 million shares, it is estimated that the Interim Financing will provide Emgold with approximately CDN$2.9 million.
Interim Financing Terms
Each loan will have a term of 12 months, will bear interest at the rate of 10% per annum, payable at the end of the term and will be transferable, subject to applicable securities laws and the policies of the TSX Venture Exchange. The whole or any part of the principal amounts of the loans and accrued interest will be convertible at the option of the holder into common shares in the capital of the Company at any time and from time to time at the price at which shares would be issuable under the Equity Line, provided that such price is not lower than the price per share at which the applicable lender sold Emgold shares to Dunn.
The Company will apply not less than 15% of the net proceeds received from each tranche of the Equity Line financing to repay the convertible loans if requested by RAB, Galaxy or Hunter. If RAB, Galaxy and Hunter request repayment the 15% will be applied rateably to the respective loan amounts then outstanding.
In connection with the Interim Financing, the Company will issue bonus shares to RAB, Galaxy, and Hunter equal in number to 20% of the total amount advanced based on a price per share equal to the average price at which RAB, Galaxy, and Hunter sell their existing shares to Dunn.
The Company has agreed to qualify the bonus shares and the shares issuable on conversion of the loans for sale to the public under the Company's short form prospectus to be filed in connection with the Equity Line financing.
Equity Line Financing Terms
The Equity Line will be available for draw down by Emgold for a period of 24 months following the initial drawdown (the "Commitment Period"), which may be made following completion of the Share Consolidation and receipt of its Short Form Prospectus subject to satisfaction of conditions typical in commercial loan transactions.
The Company will be entitled to draw on the Equity Line in tranches. The maximum amount of any tranche will be CDN$500,000. The amount drawn will be advanced upon issuance by the Company under its short form prospectus of common shares of the Company having an aggregate value equal to the amount of the drawdown, at a price per share equal to an agreed discount to the VWAP during the five day period following notice by the Company of its intention to draw on the Equity Line.
Proceeds of the Equity Line financing will be used to repay the convertible loans, finance Emgold's ongoing business operations and for advancing the permitting of the Idaho-Maryland Mine.
A commitment fee equal to two and a half percent (2.5%) of the sum of the Equity Line and the Interim Financing will be payable to Dunn in Emgold common shares valued at the five (5) day VWAP for the five (5) trading days immediately prior to the initial drawdown under the Equity Line.
Dunn has agreed not to engage in any short sales of the common shares of the Company at any time during the Interim Financing or the Commitment Period of the Equity Line and to cease selling shares of Emgold during a pricing period under the Equity Line if the price of such shares falls below a specified floor price.
Finder's fees
Emgold will pay Bradford Bachinski Limited, a limited market dealer domiciled in Ontario, cash finder's fees in connection with the transaction in line with the policies of the TSX Venture Exchange. The fees will be payable from proceeds. Emgold will also be responsible for reasonable legal fees of the parties to the transactions.
Share Consolidation
The Company plans to seek shareholder approval for the share consolidation at its annual and special general meeting scheduled to be held on September 10, 2009. Given the current recession and continuing undervaluation of junior gold stocks, Emgold management believes a consolidation of its stock is necessary for the survival and growth of the Company.
David Watkinson, President of Emgold, stated: "We are pleased to have Dunn Capital Partners come on board as a financial partner to help us advance the Idaho-Maryland Project in Grass Valley, California. We believe this represents the beginning of an ongoing relationship with Dunn Capital and I am excited about the prospects of this long term relationship for future growth of the Company."
Watkinson stated: "Both RAB Capital and Galaxy Fund have been long-term supporters of Emgold and we appreciate their continued support of the Company by completing this interim loan and financing arrangement. If the loan is converted into Emgold common shares, the total amount of the combined financings will be CDN$8.9 million."
On behalf of the Board of Directors
David G. Watkinson, President & COO
This release was prepared by the Company's management.
This news release contains "forward-looking information" and "forward-looking statements" (together, "forward-looking information"), within the meaning of applicable Canadian and US securities laws. Forward-looking information includes, but is not limited to, statements with respect to the proposed equity line and interim financings, proposed consolidation of the Company's shares and filing of a short form prospectus, all of which are subject to a number of conditions precedent, including but not limited to completion of satisfactory due diligence by the investors, completion of definitive documentation, regulatory approval and shareholder approval of the consolidation. There is no assurance that any or all of the conditions will be satisfied in a timely manner or at all. The principal risks associated with the forward-looking information are that the terms of the proposed financings will not be approved by the TSX Venture Exchange or the respective boards of directors of the parties involved, that the Company's shareholders will not approve the share consolidation, that the parties will fail to agree on the terms of the definitive documentation, that the Company will not obtain a receipt for its shelf prospectus within the time required, and that any of the other conditions precedent to the transactions will not be satisfied for any reason. In such event, if the terms of the financings could not be revised and the Company were unable to negotiate alternate financing, its financial condition would worsen and there is a risk that it would be forced to discontinue operations and liquidate its assets. For more information on the Company, Investors should review the Company's filings that are available at www.sedar.com or the Company's website at www.emgold.com.
U.S. 20-F Registration: 000-51411
Neither TSX Venture Exchange nor its Regulation Services Provider (as the term is defines in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contact:
Jeff StuartEmgold Mining CorporationManager, Business Development & Investor Relations604-687-4622 or Toll Free: 1-888-267-1400info@emgold.comwww.emgold.com
>As quoted, "gold must move above $2,000 to match it’s all time high in inflation adjusted terms." Precious metals are an Obama play with all of his spending!
sumi
Gold withstood the bear raid & is breaking out to the upside!
http://www.preciousmetalstockreview.com/downloads/July%2018,%202009%20pdf.pdf
futr
Emgold Mining (TSX:EMR)fiat(CAD)$0.065 UP $0.01 (+18.18%
Bid 0.06
Ask 0.065
Volume 222,000
Day's Range 0.06 - 0.065
Click for Detailed Quote Page
Last Trade:15:57:04 EDT Jul-2-09
Emgold Adds To Property Holdings In Grass Valley, CA
Monday, June 15, 2009
TSX Venture Exchange: EMR
OTC Bulletin Board: EGMCF
Frankfurt Stock Exchange: EML
U.S. 20-F Registration: 000-51411
June 15, 2009, Vancouver, BC - Emgold Mining Corporation (EMR - TSX Venture) (the "Company" or "Emgold") is pleased to announce that its wholly owned U.S. subsidiary, the Idaho-Maryland Mining Corporation, has entered into a purchase agreement (the "Agreement") with Whisper Development (US) Corp. (the "Seller") to acquire 7.13 acres of land known as the "Whisper Property". The Whisper Property is located at the intersection of Idaho-Maryland and Brunswick Roads in Grass Valley, CA. It overlies part of the mineral rights associated with the Idaho-Maryland Project and is the location of the historic Round Hole Shaft (also know as the Idaho #2 Shaft). The Whisper Property contains the one acre easement that is currently being permitted as part of the Idaho-Maryland Project and identified in the permitting documents at the Round Hole Shaft site.
The Round Hole Shaft is a 5 foot diameter bored shaft that was excavated to a depth of 346 meters (1,134 feet) in 1935-36. It is one of the first, bored shafts in North America and was excavated by the Idaho-Maryland Mining Company using the Newsom Drill. Core from the Round Hole Shaft is located in tourist attractions around Grass Valley including Empire State Park, the Nevada County Fair Grounds, and various locations in Grass Valley and Nevada City. Plans are to use the Round Hole Shaft as a ventilation shaft and escape way for the Idaho-Maryland Gold Mine during operations.
Mr. David G. Watkinson, President and COO, stated "We are taking steps to solidify the infrastructure for our Idaho-Maryland Project as we advance towards completion of the Environmental Impact Report for the Idaho-Maryland Project. With this recent land acquisition, Emgold now owns or has an option to purchase more than 146 acres of surface rights and 2,800 acres of mineral rights associated with the Idaho-Maryland Project.
Under the terms of the Agreement, Emgold has agreed to make a one-time share issuance of 2,808,231 common shares to the Seller for the purchase of the Whisper Property. The Agreement is subject to regulatory approval. No common shares will be issued as bonuses, finder's fees or commissions in connection with this transaction. The common shares issued pursuant to the Agreement are subject to a hold period of four (4) months, plus one (1) day from the date of issuance.
The Idaho-Maryland Project is host to the historic Idaho-Maryland Gold Mine located in Grass Valley, California, which the Company proposes to reopen and operate. The Grass Valley Mining District produced 17 million ounces of gold from 1850 until 1956 at which time mines started shutting down due to the fixed gold price of US$35 per ounce and rising labour costs following World War II. The Idaho-Maryland Gold Mine historically was the second largest underground gold mine in California and is located adjacent to the Empire/Northstar Mine which was last operated by Newmont Mining Corporation and produced 5.8 million ounces of gold. Over its operating life, the Idaho-Maryland Gold Mine produced 2.4 million ounces of gold.
The reopening of the Idaho-Maryland Gold Mine through the Idaho-Maryland Project will bring up to 400 permanent jobs to the City of Grass Valley, California, approximately half of which are expected to be local hires. Including construction jobs, it is expected that there will be over 20 years of employment for in excess of 400 people. The Idaho-Maryland Project is also expected to generate significant local, state, and federal tax dollars. In addition, the Idaho-Maryland Project will have the environmental benefit of cleaning up an existing legacy mine site. At closure, the site will be reclaimed and the buildings and property will be transferred to the City of Grass Valley for use as an alternative business park for the future economic benefit of Grass Valley. The Idaho-Maryland Project also includes an Education Center and Outdoor Historical Mining Display Park that will be a year-round tourist attraction for Grass Valley and Nevada County.
On behalf of the Board of Directors
David G. Watkinson
President & COO
For further information please contact:
Jeff Stuart, Manager, Business Development & Investor Relations
Tel: 604-687-4622 Toll Free: 1-888-267-1400
Email: info@emgold.com
This release was prepared by the Company's management. Neither TSX Venture Exchange nor its Regulation Services Provider (as the term is defines in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that the Company expects 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 market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, Investors should review the Company's filings that are available at www.sedar.com or the Company's website at www.emgold.com
Precious Metals Expert Says Gold Will Continue to Shine
On Monday June 29, 2009, 11:01 am EDT
http://finance.yahoo.com/news/Precious-Metals-Expert-Says-twst-149856482.html?x=0&.v=1
67 WALL STREET, New York - June 29, 2009 - The Wall Street Transcript has just published its Gold and Precious Metals Report report offering a timely review of the sector to serious investors and industry executives. This 99 page feature contains expert industry commentary through in-depth interviews with public company CEOs, Equity Analysts and Money Managers. The full issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.
Topics covered: Supply and demand - Skilled labor shortages - Equipment delays - The movement of inventories - Jewlery inventories - Operating margin - Valuation - Consolidation - Silver - Gold - Investment demand
Companies include: Kinross Gold (KGC); IAMGOLD (IAG); Red Back (RBI:TSX); Centamin (CEE:TSX); Osisko Mining (OSK:TSX); Yamana Gold (AUY); Eastern Platinum (ELR:TSX); Goldcorp (GG); Silver Wheaton (SLW); NovaGold (NG); Goldcorp (GG); Royal Gold (RGLD); Franco-Nevada (FNV:TSX); Allied Nevada (ANV); Midland (MD:TSX); Virginia Mines (VGQ:TSX).
In the following brief excerpt from the 99 page report, Ken Gerbino, head of Kenneth J. Gerbino & Company, discuss the outlook for the sector and for investors.
TWST: What is the status of the precious metals market right now?
Mr. Gerbino: The status is as follows; money managers, sovereign wealth funds, and investors globally have lost some or a majority of the faith and trust that they have had in major financial institutions, politicians and governments regarding economics and the future. Therefore, gold, which has never gone bankrupt and has never defaulted and has always had a reputation as a safe monetary substitute and an inflation hedge, has now become in the forefront of everyone's minds for a portion of their wealth or investment funds. Also, I might add, gold allows investors a piece of mind from an insurance standpoint in the event their monetary and economic events get out of hand. Even though that is a low probability, one also doesn't cancel one's insurance policy if you feel having an accident while driving would be low probability. Now, when one adds in the possibility of just 4% to 5% inflation rate taking place, and extends 4% or 5% increase in the price of gold - which at these price levels is somewhere between $50 and $60 an ounce - year-after-year, mining companies benefit from this dramatically because once the capital has been expended to put a gold mine in production, the next 20 years or so is strictly extraction costs. Therefore, this major capital expense is fixed and one can benefit from the higher price of gold going forward where the margins are increasing.
TWST: Do you think the precious metals market is going to continue doing well over the next year or so?
Mr. Gerbino: I think gold will be in a trading range of somewhere between $850 and $1,250, probably for the next year or two or three. The next big move up in gold will occur because of inflation coming back from all the money that's been created to bail out the banking institutions in most countries in the world. The bottom line is more money equals higher prices. That is a trend that history attests to over thousands of years.
TWST: Are the actions of the current Administration going to keep prices of precious metals high?
Mr. Gerbino: First of all, it didn't matter who got elected. It didn't matter if he was a conservative, a liberal, a Democrat or Republican. Whoever got in that office had no choice. They were going to have to borrow and print, etc. to bail out the system. But because of that, precious metals should be in everyone's portfolio.
TWST: Is that always true that when countries start printing money, gold and precious metals become more valuable?
Mr. Gerbino: They should, but there is a lot of lead and lag times involved in this. So, I think over a longer trend, you can bet that the prices of these monetary substitutes/investment/inflation hedges, which will be gold and silver, will go up. So, I think over the next five or 10 years, you will see much higher prices of both metals. In fact, you are going to see higher prices of just about everything because not only did a motorboat show up at the island, but a flotilla arrived and they have these high-speed printing presses on this flotilla. So the islanders are in for a big surprise.
The Wall Street Transcript is a unique service for investors and industry researchers - providing fresh commentary and insight through verbatim interviews with CEOs and research analysts. This 99 page special issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online .
The Wall Street Transcript does not endorse the views of any interviewees nor does it make stock recommendations.
For Information on subscribing to The Wall Street Transcript, please call 800/246-7673
Emgold Adds To Property Holdings In Grass Valley, CA
Monday, June 15, 2009
TSX Venture Exchange: EMR
OTC Bulletin Board: EGMCF
Frankfurt Stock Exchange: EML
U.S. 20-F Registration: 000-51411
June 15, 2009, Vancouver, BC - Emgold Mining Corporation (EMR - TSX Venture) (the "Company" or "Emgold") is pleased to announce that its wholly owned U.S. subsidiary, the Idaho-Maryland Mining Corporation, has entered into a purchase agreement (the "Agreement") with Whisper Development (US) Corp. (the "Seller") to acquire 7.13 acres of land known as the "Whisper Property". The Whisper Property is located at the intersection of Idaho-Maryland and Brunswick Roads in Grass Valley, CA. It overlies part of the mineral rights associated with the Idaho-Maryland Project and is the location of the historic Round Hole Shaft (also know as the Idaho #2 Shaft). The Whisper Property contains the one acre easement that is currently being permitted as part of the Idaho-Maryland Project and identified in the permitting documents at the Round Hole Shaft site.
The Round Hole Shaft is a 5 foot diameter bored shaft that was excavated to a depth of 346 meters (1,134 feet) in 1935-36. It is one of the first, bored shafts in North America and was excavated by the Idaho-Maryland Mining Company using the Newsom Drill. Core from the Round Hole Shaft is located in tourist attractions around Grass Valley including Empire State Park, the Nevada County Fair Grounds, and various locations in Grass Valley and Nevada City. Plans are to use the Round Hole Shaft as a ventilation shaft and escape way for the Idaho-Maryland Gold Mine during operations.
Mr. David G. Watkinson, President and COO, stated "We are taking steps to solidify the infrastructure for our Idaho-Maryland Project as we advance towards completion of the Environmental Impact Report for the Idaho-Maryland Project. With this recent land acquisition, Emgold now owns or has an option to purchase more than 146 acres of surface rights and 2,800 acres of mineral rights associated with the Idaho-Maryland Project.
Under the terms of the Agreement, Emgold has agreed to make a one-time share issuance of 2,808,231 common shares to the Seller for the purchase of the Whisper Property. The Agreement is subject to regulatory approval. No common shares will be issued as bonuses, finder's fees or commissions in connection with this transaction. The common shares issued pursuant to the Agreement are subject to a hold period of four (4) months, plus one (1) day from the date of issuance.
The Idaho-Maryland Project is host to the historic Idaho-Maryland Gold Mine located in Grass Valley, California, which the Company proposes to reopen and operate. The Grass Valley Mining District produced 17 million ounces of gold from 1850 until 1956 at which time mines started shutting down due to the fixed gold price of US$35 per ounce and rising labour costs following World War II. The Idaho-Maryland Gold Mine historically was the second largest underground gold mine in California and is located adjacent to the Empire/Northstar Mine which was last operated by Newmont Mining Corporation and produced 5.8 million ounces of gold. Over its operating life, the Idaho-Maryland Gold Mine produced 2.4 million ounces of gold.
The reopening of the Idaho-Maryland Gold Mine through the Idaho-Maryland Project will bring up to 400 permanent jobs to the City of Grass Valley, California, approximately half of which are expected to be local hires. Including construction jobs, it is expected that there will be over 20 years of employment for in excess of 400 people. The Idaho-Maryland Project is also expected to generate significant local, state, and federal tax dollars. In addition, the Idaho-Maryland Project will have the environmental benefit of cleaning up an existing legacy mine site. At closure, the site will be reclaimed and the buildings and property will be transferred to the City of Grass Valley for use as an alternative business park for the future economic benefit of Grass Valley. The Idaho-Maryland Project also includes an Education Center and Outdoor Historical Mining Display Park that will be a year-round tourist attraction for Grass Valley and Nevada County.
On behalf of the Board of Directors
David G. Watkinson
President & COO
For further information please contact:
Jeff Stuart, Manager, Business Development & Investor Relations
Tel: 604-687-4622 Toll Free: 1-888-267-1400
Email: info@emgold.com
This release was prepared by the Company's management. Neither TSX Venture Exchange nor its Regulation Services Provider (as the term is defines in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that the Company expects 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 market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, Investors should review the Company's filings that are available at www.sedar.com or the Company's website at www.emgold.com
Emgold Mining (TSX:EMR)fiat(CAD)$0.065 UP $0.01 (+18.18%
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http://www.smartstox.com/interviews/emr/
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Emgold Mining (Tier2) (TSX:EMR)
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Emgold Mining(TSX:EMR)fiat(CAD)$0.055 UP $0.015 (+37.50%
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Volume 11,456,751 great volume
good Au news in the pipes
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dd....
http://www.emgold.com
God Bless
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Other Voices: Get facts from a real miner
http://www.theunion.com/article/20090425/OPINION/904249939&parentprofile=search
In a recent edition of The Union, Mike Pasner urged the Planning Commission and the City Council to protect our city and its inhabitants from re-opening the Idaho-Maryland Mine.
I couldn’t disagree with him more. This would be a clean operation, and would provide the much-needed job opportunities for this area. Grass Valley needs industry to sustain it’s tax base, and re-opening the two mines would certainly help.
Mr. Pasner states that blasting will send out vibrations that will affect the hospital’s sensitive equipment. This is not true. The hospital is much higher in elevation and 2,500 feet away from where the blasting would take place. If he had his facts right, he would have known that there has been a lot of blasting close to the hospital.
The contractor had to blast many times, when the large parking lot and new diagnostic center where constructed. There was a lot of hard rock to content with, and blasting was necessary. The blasting was very close to the hospital and no problems occurred.
The Idaho-Maryland Mining Corporation would take careful precautions while blasting on the surface and for a safe distance underground. There would be no huge blasts. Each drill hole would be blasted separately and the explosive in each hole would be timed to explode several seconds apart. Each hole blasts into another giving good fragmentation of the rock. It also reduces the vibrations to practically nothing. I can see no problems involving the hospital or the businesses in the Whispering Pines Business Park.
The miners underground used the same blasting principal. There was not one large blast including all holes being blasted at once. Blasting was done as explained above.
Each shift had a specified time when all miners on all levels blasted at the same time. You don’t hear the blasts underground due to solid rock conditions. Sometimes you could hear a faint knocking sound. I was underground a lot during the blasting and I can honestly say that I did not feel any rock vibrations.
Mike Pasner is concerned that people on Banner could have their wells affected if the mines are dewatered. Sharon Delgado has also written an opinion piece against the mine’s reopening, which was published in The Union newspaper. They both have concerns that some or more wells would go dry or at least be affected.
Sharon Delgado states the several hydrologists have indicated that due to the region’s unpredictably fractured rock patterns, no one knows how many wells would go dry or in which areas.
Well, there is one person who knows — and I am that person. I have been through all levels of both mines and they are quite dry. I worked at the two mines for 13 years, eight years as the safety engineer, and the mine superintendent when the mines closed in 1956.
I am saying that none of the wells would go dry or be affected in any manner due to the mine reopening. You may think that this is a bold statement, but I know I will be right when the mines are dewatered.
The water in the New Brunswick Shaft is down 260 feet below the surface. This is the water level in both mines with the water flowing into Wolf Creek daily. The wells are located in the fractures, cracks and crevices close to the surface. These openings get smaller as they descent. The rock gets more solid and the water doesn’t penetrate the rock. The same happens in the fissures.
The Empire and North Star mines were much deeper and had a greater amount of underground workings. There were several areas at that time where people relied on wells for water. The mines did not cause problems with the wells nor the ground water then and should not affect them now.
The water levels in the Idaho-Maryland and Brunswick mines are approximately 200 feet below the bottom of the wells. This leaves a 200-foot void between the bottom of the wells and the water level in both mines. That void has been there since the two mines filled with water in 1957.
The ground water in which the wells exist was not affected when all of the mines were in operation prior to 1956. No well was affected in all of that time, so I cannot see why pumping water from both mines would make any difference now.
The two environmentalists distort the truth about the truck traffic. First of all, Idaho-Maryland Mining Corporation can use trucks on public streets and highways just like all the other businesses and companies. The trucks would blend in with the traffic flow with no adverse problems. Practically everything sold in Grass Valley is hauled in by large trucks, whether it is gasoline, concrete, lumber, food products, gravel, beverages, etc.
Some days during the summer there are as many as thirty or more semi-trucks traveling down Colfax Avenue through the two light systems and then up onto the freeway headed for the hot mix plant out by Hanson Brothers. These large trucks flow along with the traffic.
A person doesn’t realize how many trucks there are in Grass Valley and the Glenbrook area each day. Make it a point to notice and you will be surprised. In the afternoon when the schools let out, West Main Street is full of school busses, and in a short time they are all gone. That is because they move along with the normal traffic.
Sharon Delgado is concerned about cyanide to be used in ore processing being trucked through town. When the mines were in operation the zanthates listed in the draft environmental impact report were used in the milling process.
The other chemicals listed were used in the cyanide plant. Those chemicals were perfectly safe because they were stored and used properly. Sharon Delgado seems more concerned with the diesel exhaust from the Idaho-Maryland trucks than all of the present heavy trucks working in the area.
There were neither injuries nor incidents involving any of the chemicals, including the explosives and cyanide, while I was with the company. Every six months a safety inspector from the California Division of Industrial Safety would make a safety inspection of the underground and surface operations. It was my job to take the inspector around wherever he wanted to go. He never found anything wrong in the cyanide plant operation.
Jack Clark lives in Grass Valley.
Jeff Stuart, Emgold's Manager of Business Development, Featured on Smartstox
http://www.smartstox.com/interviews/emr/
Vancouver, British Columbia - March 5, 2009 -- Emgold Mining Corporation ("Emgold") is pleased to announce Jeff Stuart, Manager of Business Development has been interviewed by Rob Graham of the Smartstox Online TV Talk Show.
Emgold Mining Corporation (TSX-V:EMR) wants to reopen one of California's largest historic gold producers, the Idaho-Maryland Mine at Grass Valley. Total recorded production at the mine from 1862-1956 was 2,383,000 ounces of gold from 5,546,000 short tons for a recovered grade of 0.43 ounces of gold per short ton. The mine closed due to the low gold price of the day. In this new interview, Jeff Stuart discusses the advanced status of the Company's permitting process and the potential economic benefits of reopening the Idaho-Maryland Mine. The interview is available here.
Smartstox.com provides investors with investment-related content through video and audio interviews with the management of small-cap companies, along with written profiles of those companies.
To learn more about the exciting potential of Emgold's current exploration programs and results, please watch the interview at http://www.smartstox.com/interviews/emr/
For more information on Emgold and its portfolio of international projects, please see our updated corporate presentation at http://www.emgold.com
David G. Watkinson
President & Chief Executive Officer
Jeff Stuart
Manager, Business Development and Investor Relations
Emgold Mining Ltd.
Tel: 1-888-267-1400 ext. 248
Email: info@emgold.com
No regulatory authority has approved or disapproved the information contained in this news release.
Emgold Mining (Tier2) (TSX:EMR)
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http://investorshub.advfn.com/boards/read_msg.aspx?message_id=35802933
Emgold Mining Corporation-Shareholder Update
Monday February 23, 9:30 am ET
http://biz.yahoo.com/ccn/090223/200902230513267001.html?.v=1
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 23, 2009) - Emgold Mining Corporation (TSX VENTURE:EMR - News; OTCBB:EGMCF - News; FRANKFURT:EML - News; the "Company" or "Emgold") is pleased to provide its shareholders with the following update:
The Idaho-Maryland Project, located in Grass Valley, CA
Emgold announces that the Company has negotiated an extension to the Mining Lease and Option to Purchase Agreement for the Idaho-Maryland Mine located in Grass Valley, California. The revised agreement extends the purchase option exercise date from December 31, 2008, to February 1, 2011. As part of the revised agreement all other conditions of the original Option and Lease Agreement, including the option purchase price and net smelter royalty, remain unchanged. The quarterly lease payments of US$75,000 have been reduced beginning February 1, 2009, to US$30,000 per quarter for four quarters and commencing on February 1, 2010, the quarterly lease payment shall be US$60,000 per quarter through to and including February 1, 2011.
"We are very pleased that the owners of the Idaho-Maryland Mine agreed to the extension of the purchase option date to February 1, 2011, and reduced the quarterly lease payments," said David Watkinson, President and COO of Emgold Mining Corporation. "The revised lease payments will reduce Emgold's operating costs over the next two years allowing us to focus our expenditures on completing the permitting process for the Idaho-Maryland Mine."
On January 20th, 2009, the public comment period for the Draft Environmental Impact Report ("EIR") was completed. The City of Grass Valley (the "City") and their consultants Environmental Science Associates ("ESA") are now compiling and analyzing the comments received from the public. Mr. Watkinson stated, "Many good comments were received from the public, all of which will be addressed prior to publishing the Final EIR. We will work with the City of Grass Valley and their consultants to determine what additional work, if any, will be required to complete the Final EIR. We look forward to building a project that will benefit community of Grass Valley including job creation, economic diversity, and clean up of an existing legacy mine site."
The Idaho-Maryland Mine will bring up to 400 permanent jobs to the City, approximately half of which are expected to be local hires. Including construction jobs, there will be over 20 years of employment in excess of 400 people. Given the state of the U.S. economy and that of California, this project will generate significant local, state, and federal tax dollars. In addition, the project will have the environmental benefit of cleaning up an existing legacy mine site. At closure, the site will be reclaimed and the buildings and property will be transferred to an alternative business park use for future economic benefit for the City. The project also includes an Education Center and Outdoor Historical Mining Display Park that will be a tourist attraction for the City.
Projected Total Staffing for the Idaho-Maryland Project
-----------------------------------------------------------
Temporary
Construction Permanent Reclamation Total
Year Employees Employees Employees Employees
-----------------------------------------------------------
Year 1 265 265
-----------------------------------------------------------
Year 2 265 210 475
-----------------------------------------------------------
Year 3 265 210 475
-----------------------------------------------------------
Year 4 350 210 560
-----------------------------------------------------------
Year 5 350 210 560
-----------------------------------------------------------
Year 6 350 310 660
-----------------------------------------------------------
Year 7 140 310 450
-----------------------------------------------------------
Year 8 140 400 450
-----------------------------------------------------------
Year 9-22 400 400
-----------------------------------------------------------
Year 23 20 20
-----------------------------------------------------------
Emgold Mining (Tier2) (TSX:EMR)fiat(CAD)$0.05 UP $0.01 (+25.00%)
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dd....
http://www.emgold.com
>I bought 46,000 shares at A $.0385 this morning. This investment is a no brainer. California is hurting and Emgold can provide 400 direct jobs to Grass Valley....
Emgold Mining (Tier2) (TSX:EMR)
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Emgold Mining (Tier2) (TSX:EMR)
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RE: Emgold Receives Draft Environmental Impact Report for the Idaho-Maryland Mine Project
Monday November 3, 9:30 am ET
http://biz.yahoo.com/ccn/081103/200811030494756001.html?.v=1
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 3, 2008) - Emgold Mining Corporation (TSX VENTURE:EMR - News; OTCBB:EGMCF - News; FRANKFURT:EML - News; "Emgold" or the "Company") is pleased to announce that the City of Grass Valley has published the Draft Environmental Impact Report (DEIR) for the Idaho-Maryland Project (the "Project"). This is another major milestone in the permitting process necessary to reopen the historic Idaho-Maryland Mine, located in Grass Valley, CA. The City of Grass Valley is the Lead Agency overseeing review of the Project under the California Environmental Quality Act (CEQA) and the California Surface Mining and Reclamation Act (SMARA).
The Idaho-Maryland Mine was historically California's second largest underground gold mine producing 2.4 million ounces of gold from 1862 to 1956 at an average grade of 0.43 ounces per ton grade. It is adjacent to the historic Empire Mine, which was Newmont Mining Corporation's first operating mine. The Empire Mine produced 5.8 million ounces of gold from 1850 to 1956. Newmont retains the mineral rights to this property. The Grass Valley Mining District produced over 17 million ounces of gold and is historically one of the richest gold districts in North America.
Emgold's plans are to permit, dewater, rehabilitate, explore, and reopen the Idaho-Maryland Mine. Current NI 43-101 compliant resources, based on historic data from previous mine operations, include 472,000 ounces of measured and indicated resources (1.67 million tons at 0.28 opt gold) and 1,002,000 ounces of inferred resources (2.57 million tons at 0.39 opt gold). Emgold believes the exploration potential at the Idaho-Maryland Mine is significant and could be comparable to gold resources and reserves found at the similar mines in the Red Lake gold district of Ontario, subject to additional exploration activities that will occur at the Idaho-Maryland Mine once dewatering of the mine workings is complete.
Emgold is pleased to announce that the DEIR indicates that, in all areas except air quality, the Company has been able to successfully mitigate potential impacts of the Project so they have no impact, less than a significant impact, or less than a significant impact with mitigation measures in place. These areas include aesthetics; biological resources; cultural resources; geology, soil, seismicity, and mineral resources; hazards and hazardous materials; hydrology and water quality; land use planning; noise; population and housing; public services; recreation; transportation and traffic; utilities and services systems; and energy. This is a major accomplishment for any mining and/or industrial project, regardless of the jurisdiction.
Ex..Concerning the air quality rules -
the following statements have been made -
may impact the future considerations pos. way? -
ex....
Eleventh-hour audiotape surfaces of Obama telling San Francisco Chronicle the industry can go ahead and build coal-fired power plants -
MARIETTA, OH –-Sarah Palin unleashed a new attack today after an audio file of an interview Barack Obama did in January 2008 was reported on conservative blogs and linked on the Drudge Report.
Palin accused the Democratic nominee of wanting to bankrupt the coal industry.
“Barack Obama explained his plan to the San Francisco Chronicle this year, early this year. And he said that, sure, if the industry wants to build coal fired power plants, then they can go ahead ....
And you gotta listen to the tape.
The audio file has been on the San Francisco Chronicle’s website since the January interview with its editorial board, but Palin accused the newspaper of withholding the information until right before the election?..
http://embeds.blogs.foxnews.com/2008/11/02/palin-goes-after-obama-on-coal-comments/
the bottom line is -
Is the State of California bankrupt? -
and needs income?
Friday, October 03, 2008
http://www.creditwritedowns.com/2008/10/is-state-of-california-bankrupt.html
Given the recent economic conditions in the U.S., and especially in California,
this Project will have many positive impacts for Grass Valley and Nevada
County, including 400 quality high paying jobs,
diversification of the economy, revenue for local government,
and clean up of a historic legacy mine site.
We look forward to the Project moving forward through
the Planning Commission and City Council, and are thankful
for the continued support we get from the residents of Grass Valley.
Our goal is to build a project that benefits the community
as well as the shareholders of Emgold.
God Bless
Emgold Receives Draft Environmental Impact Report for the Idaho-Maryland Mine Project
Monday November 3, 9:30 am ET
http://biz.yahoo.com/ccn/081103/200811030494756001.html?.v=1
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 3, 2008) - Emgold Mining Corporation (TSX VENTURE:EMR - News; OTCBB:EGMCF - News; FRANKFURT:EML - News; "Emgold" or the "Company") is pleased to announce that the City of Grass Valley has published the Draft Environmental Impact Report (DEIR) for the Idaho-Maryland Project (the "Project"). This is another major milestone in the permitting process necessary to reopen the historic Idaho-Maryland Mine, located in Grass Valley, CA. The City of Grass Valley is the Lead Agency overseeing review of the Project under the California Environmental Quality Act (CEQA) and the California Surface Mining and Reclamation Act (SMARA).
The Idaho-Maryland Mine was historically California's second largest underground gold mine producing 2.4 million ounces of gold from 1862 to 1956 at an average grade of 0.43 ounces per ton grade. It is adjacent to the historic Empire Mine, which was Newmont Mining Corporation's first operating mine. The Empire Mine produced 5.8 million ounces of gold from 1850 to 1956. Newmont retains the mineral rights to this property. The Grass Valley Mining District produced over 17 million ounces of gold and is historically one of the richest gold districts in North America.
Emgold's plans are to permit, dewater, rehabilitate, explore, and reopen the Idaho-Maryland Mine. Current NI 43-101 compliant resources, based on historic data from previous mine operations, include 472,000 ounces of measured and indicated resources (1.67 million tons at 0.28 opt gold) and 1,002,000 ounces of inferred resources (2.57 million tons at 0.39 opt gold). Emgold believes the exploration potential at the Idaho-Maryland Mine is significant and could be comparable to gold resources and reserves found at the similar mines in the Red Lake gold district of Ontario, subject to additional exploration activities that will occur at the Idaho-Maryland Mine once dewatering of the mine workings is complete.
Emgold is pleased to announce that the DEIR indicates that, in all areas except air quality, the Company has been able to successfully mitigate potential impacts of the Project so they have no impact, less than a significant impact, or less than a significant impact with mitigation measures in place. These areas include aesthetics; biological resources; cultural resources; geology, soil, seismicity, and mineral resources; hazards and hazardous materials; hydrology and water quality; land use planning; noise; population and housing; public services; recreation; transportation and traffic; utilities and services systems; and energy. This is a major accomplishment for any mining and/or industrial project, regardless of the jurisdiction.
In the area of air quality, significant and unavoidable impacts were determined for oxides of nitrogen only. Potentially significant impacts were determined for reactive organic gases and respirable particulate matter. Emgold has worked with the City and their consultants to reduce these potential impacts through mitigation measures and potential project alternatives, but impacts would remain significant and unavoidable for oxides of nitrogen during construction and operation of the mine. An Offsite Air Emission Reduction Plan will be implemented to mitigate onsite emissions.
In the area of cumulative impacts, the Project would have significant and unavoidable cumulative impacts in the area of greenhouse gas emissions. This is because the Project could conflict with state goals for reducing greenhouse gas emissions. At the same time, the Project would not individually be likely to have any impact on global climate change. A Greenhouse Gas Reduction Plan will be implemented to mitigate greenhouse gas emissions.
The Project would also have significant and unavoidable cumulative impacts by contributing to regional criteria pollutants. Any project that would individually have a significant air quality impact (the oxides of nitrogen, reactive organic gases, and respirable particulate matter outlined above) would also be considered to have a cumulatively considerable contribution to a significant cumulative air quality impact. The Offsite Air Emission Reduction Plan will be implemented to mitigate onsite cumulative emissions.
Four project alternatives were analyzed as part of the CEQA process including the No Project Alternative (required by law), Electrification of Mine Operations, Reduced Ceramics Plant Production, and Electrification of Mine Operations and Reduced Ceramics Plant Production (combined). The last three project alternatives were determined to be feasible and will reduce air quality impacts.
David Watkinson, President and Chief Operating Officer for Emgold, said, "After an initial review of the Draft Environmental Impact Report, we are elated that we have been able to reduce the potential impacts of the Project to such a degree where only air quality is a significant and unavoidable impact. For the size and scope of a project like the Idaho-Maryland Mine, this is a major accomplishment. The City and their consultants have worked hard to come up with mitigations to offset the potential impacts of the Project and to ensure the Project is a good one for the community of Grass Valley. Given the recent economic conditions in the U.S., and especially in California, this Project will have many positive impacts for Grass Valley and Nevada County, including 400 quality high paying jobs, diversification of the economy, revenue for local government, and clean up of a historic legacy mine site. We look forward to the Project moving forward through the Planning Commission and City Council, and are thankful for the continued support we get from the residents of Grass Valley. Our goal is to build a project that benefits the community as well as the shareholders of Emgold."
The DEIR will now be reviewed by the City of Grass Valley Planning Commission to determine if it is adequate and meets the requirements of CEQA. This will include a 45 day public comment period that commenced on October 30, 2008. The Planning Commission completed a site visit on October 21, 2008, and the City will now hold public meetings and a public workshop as part of the Planning Commission's review of the DEIR. At the end of the 45 day public comment period, the City and its consultants will address public comments received during the public comment period and then finalize the Environmental Impact Report. The Final Environmental Impact Report (FEIR) will then be published and the Planning Commission will be requested to approve it as being adequate and meeting the requirements of CEQA.
The Planning Commission will be asked to review the entitlements for the Project which include a Conditional Mine Use Permit (CMUP), Reclamation Plan, General Plan Application, Rezone/Prezone Application, and Annexation Application. These are additional applications that were included as submissions to the City that also require formal approval to allow the Project to move forward. Public meetings and a public workshop will be held by the City as part of the entitlements review. The Planning Commission will then be requested to approve the entitlement applications as complete.
The City Council will then review the FEIR and entitlements together. Public meetings and a public workshop will be held as part of the City Council's review of the Project. At the end of this process, the City Council will be asked to certify the FEIR as complete according to CEQA and approve the entitlements. Assuming the FEIR is certified and entitlements approved by City Council, final operating permits would be obtained for the Project.
Emgold is permitting the operation of a 2,400 ton per day gold mine and gold processing facility as part of the Idaho-Maryland Project. Upon successful completion of mine permits, Emgold's plan is to become a mid-tier producing gold company within the next 5 years. Information on the company can be found at www.emgold.com.
On behalf of the Board of Directors
David Watkinson, P. Eng., President, COO and Director
This news release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that the Company expects 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 market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, Investors should review the Company's filings that are available at www.sedar.com or the Company's website at www.emgold.com.
U.S. 20-F Registration: 000-51411
No regulatory authority has approved or disapproved the information contained in this news release.
Contact:
Jeffery Stuart
Emgold Mining Corporation
Manager of Business Development and Investor Relations
(604) 687-4622 or 1-888-267-1400 ext. 248
Email: info@emgold.com
Website: http://www.emgold.com
--------------------------------------------------------------------------------
Source: Emgold Mining Corporation
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Emgold Mining Presents the Idaho-Maryland Project Overview
Monday September 29, 8:30 am ET
http://biz.yahoo.com/ccn/080929/200809290488426001.html?.v=1
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 29, 2008) - Emgold Mining Corporation (TSX VENTURE:EMR - News; OTCBB:EGMCF - News; FRANKFURT:EML - News; the "Company" or "Emgold") is pleased to provide its shareholders with an update on
the Idaho-Maryland Gold Mine Project (the "Project")
in the form of a newly-published PDF accessible document available to the public on
The Idaho-Maryland Mining website
http://www.idaho-maryland.com
or by clicking on:
http://www.idaho-maryland.com/i/pdf/IMMC_Prj_Info_Booklet_2008.pdf.
The City of Grass Valley, California, is nearing completion of
the Draft Environmental Impact Report ("DEIR") for
the Idaho-Maryland Gold Mine Project
which is expected to be published in early October 2008.
The DEIR should provide the basis on which Emgold can
advance the Project toward production.
The Project will have many benefits for Grass Valley and
Nevada County based on the development of a 2,400 ton per day
gold mine and processing facility and a 1,200 ton per day
recycled ceramics and stone building products manufacturing
facility.
For more information about Emgold, the Idaho-Maryland Gold Mine Project and Golden Bear Ceramics Company please read the Idaho-Maryland Project Overview (to view please click on: http://www.idaho-maryland.com/i/pdf/IMMC_Prj_Info_Booklet_2008.pdf) or visit www.emgold.com.
On behalf of the Board of Directors
David Watkinson, P. Eng., President, COO and Director
This news release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that the Company expects 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 market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, Investors should review the Company's filings that are available at www.sedar.com or the Company's website at www.emgold.com.
U.S. 20-F Registration: 000-51411
No regulatory authority has approved or disapproved the information contained in this news release.
Contact:
Jeffery Stuart
Emgold Mining Corporation
Manager of Business Development and Investor Relations
(604) 687-4622 or 1-888-267-1400 ext. 248
Email: info@emgold.com
Website:
http://www.emgold.com
--------------------------------------------------------------------------------
Source: Emgold Mining Corporation
God Bless
Emgold Mining Presents the Idaho-Maryland Project Overview
Monday September 29, 8:30 am ET
http://biz.yahoo.com/ccn/080929/200809290488426001.html?.v=1
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 29, 2008) - Emgold Mining Corporation (TSX VENTURE:EMR - News; OTCBB:EGMCF - News; FRANKFURT:EML - News; the "Company" or "Emgold") is pleased to provide its shareholders with an update on the Idaho-Maryland Gold Mine Project (the "Project") in the form of a newly-published PDF accessible document available to the public on The Idaho-Maryland Mining website www.idaho-maryland.com or by clicking on: http://www.idaho-maryland.com/i/pdf/IMMC_Prj_Info_Booklet_2008.pdf.
The City of Grass Valley, California, is nearing completion of the Draft Environmental Impact Report ("DEIR") for the Idaho-Maryland Gold Mine Project which is expected to be published in early October 2008. The DEIR should provide the basis on which Emgold can advance the Project toward production. The Project will have many benefits for Grass Valley and Nevada County based on the development of a 2,400 ton per day gold mine and processing facility and a 1,200 ton per day recycled ceramics and stone building products manufacturing facility.
For more information about Emgold, the Idaho-Maryland Gold Mine Project and Golden Bear Ceramics Company please read the Idaho-Maryland Project Overview (to view please click on: http://www.idaho-maryland.com/i/pdf/IMMC_Prj_Info_Booklet_2008.pdf) or visit www.emgold.com.
On behalf of the Board of Directors
David Watkinson, P. Eng., President, COO and Director
This news release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that the Company expects 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 market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, Investors should review the Company's filings that are available at www.sedar.com or the Company's website at www.emgold.com.
U.S. 20-F Registration: 000-51411
No regulatory authority has approved or disapproved the information contained in this news release.
Contact:
Jeffery Stuart
Emgold Mining Corporation
Manager of Business Development and Investor Relations
(604) 687-4622 or 1-888-267-1400 ext. 248
Email: info@emgold.com
Website: www.emgold.com
--------------------------------------------------------------------------------
Source: Emgold Mining Corporation
hi Bob, good afternoon and to all. report is very interesting.
Emgold Mining (Tier2) (EMR)◊$0.09Change:- (-%)Volume:52,00011:53:04 EDTSep-23-08
Bid (CAD) Ask (CAD) P/E EPS P/S
0.08 - - - -
Volume Avg Volume Mkt Cap Outstanding Float
52,000 - $ - - -
Prev Cls Open Dividend Dividend Yield
0.09 0.09 $ - -%
Day's Range 52-wk Range Ex-Dividend Date Dividend Date
0.09 - 0.09 - - -
Bob, do you like when A U.S.A. trades on german exchange?
Emgold Mining Corporation Shareholder Update
Sunday September 21, 5:00 pm ET
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 21, 2008) -
Emgold Mining Corporation -
(TSX VENTURE:EMR - News; OTCBB:EGMCF - News; FRANKFURT:EML - News; the "Company" or "Emgold") is pleased to provide its shareholders with the following update:
Idaho-Maryland Project
The City of Grass Valley, California (the "City") is nearing completion of the Draft Environmental Impact Report ("DEIR") for the Idaho-Maryland Gold Mine Project (the "Project") which is expected to be published in late September or early October of 2008. Delays in the issuance of the DEIR relate to additional scope items being completed by the City and its consultants, Environmental Science Associates ("ESA"). These items were identified during four public workshops held by the City as part of the California Environmental Quality Act ("CEQA") process. The City and ESA are ensuring that all public concerns are identified and addressed in the CEQA process prior to releasing the DEIR.
The Company's wholly-owned subsidiary, Idaho-Maryland Mining Corporation ("IMMC") is preparing applications for several major operating permits. These permits include the U.S. Army Corps of Engineers 404 (Wetlands) Permit, the National Pollution Discharge Elimination System Discharge Permit under the jurisdiction of the California Regional Water Quality Control Board, a Voluntary Clean-Up Agreement for the historic Idaho-Maryland site with the California Department of Toxic Substance Control, and Mine Waste Discharge Requirements under the jurisdiction of the California Regional Water Quality Control Board.
IMMC is also preparing a computerized resource model using MineSight® software. Recent work has consisted of scanning of all historic geological maps for the model and currently IMMC's Chief Geologist, Robert Pease, is modeling the mineralized zones based on these geologic maps and over 40,000 historical assays. IMMC has retained AMEC, a leading provider of services and engineering solutions to the world's infrastructure, manufacturing and process industries, to assist in completing a new NI 43-101 compliant resource estimate. This work is expected to take several more months to complete.
IMMC is developing mine planning, scheduling, and cost estimates to evaluate various scenarios for dewatering, exploration, and redevelopment of the Idaho-Maryland Mine. Upon completion of the Final Environmental Impact Report ("FEIR") and the new resource model, IMMC plans to complete an updated Scoping Study on the Project.
IMMC's community relations program continued this summer in the City with staff attending many events including the Grass Valley Thursday Night Markets, the Nevada County Fair, the 113th Miner's Picnic, etc. to answer questions from the public about the Project. IMMC was honoured to have taken on the role as Grand Champion Sponsor for the annual Nevada County Fair, which was attended by approximately 87,000 people in 2008. IMMC hopes to continue this as a long term role in the future as the Project moves into operation, recognizing the importance of the Fair to the residents of Nevada County. IMMC was pleased to assist the Economic Resource Council, Grass Valley Downtown Business Association, and Grass Valley/Nevada City Chambers of Commerce in putting together a display for Nevada County at the California State Fair. The display included a replica of the Idaho-Maryland head-frame. The 2008 State Fair was attended by approximately 790,000 people and Nevada County was awarded a Bronze Ribbon for its display.
It is expected that the FEIR will be certified near the end of 2008. Upon approval of the Project by the Planning Commission and City's Council a Conditional Mine Use Permit will be issued for the Project. At that time a Development Agreement will also be completed between IMMC and the City. These approvals are expected in the first half of 2009.
Golden Bear Ceramics Company
Emgold continues to consider opportunities to independently finance its other wholly-owned subsidiary, Golden Bear Ceramics Company (the "GBC") and discussions are ongoing with a variety of interested parties. GBC has filed for several U.S. and international patents to protect the Ceramext® technology and patent work is proceeding without issue. Representatives of GBC were recently invited to and attended the Green Technologies Exposition as part of the XXVI Annual Border Governor's Conference in California. The conference is attended by the 10 border governors along the U.S. and Mexico border, representing the third largest economy in the world. The Green Technology Exposition consisted of displays by 70 companies presenting innovative green technologies, highlighting the conference theme of "Building Green Economies". The conference was hosted by California Governor, Arnold Schwartzenegger (see http://gov.ca.gov/press-release/10382).
B.C. Properties
In August 2008, Emgold completed its commitment to exercise its option to acquire a 100% interest in and to the mineral rights to the Stewart Property, located in the Nelson Mining Division of southeastern B.C. The Stewart Property is in a region characterized by historic mining activity and has been subject to exploration by a variety of companies including Emgold over the last 100 years looking for gold, copper, tungsten, molybdenum, and other minerals. Shell Canada defined a non-NI 43-101 compliant resource of 204,125 metric tones grading 0.370% MoS2 in 1981. Molybdenum mineralization appears to exist in breccia pipes.
In March 2004, Emgold entered into an option agreement to acquire a 100% interest in the 600-hectare Jazz Property consisting of twenty-four mineral claims contiguous to the Stewart Property. Several areas of interest have been identified to date on the Stewart/Jazz properties through exploration activities including the Stewart Moly Zone, the Free Silver Zone, the Arrow Tungsten Zone, and the Craigtown Creek Area.
In April 2006, Emgold completed its commitment and exercised its option to acquire a 100% interest in and to the mineral rights to the Rozan Gold Property, located in the Nelson Mining Division of southeastern B.C. The Rozan Gold Property is located west and adjacent to the Gold Mountain Zone gold discovery on the Kena Gold Property held by Sultan Minerals Inc. Sultan Minerals Inc. has published a NI 43-101 compliant technical report (authored by Gary Giroux, P.Geo. and Linda Dandy, P.Geo.; filed via SEDAR June 16, 2004) on its Kena Gold Property outlining measured and indicated resources of 381,000 ounces and inferred resources of 389,000 ounces of gold. Emgold has conducted several early stage exploration programs on the Rozan Gold Property including geochemical, geophysical, and drill evaluations. Emgold believes the Rozan Gold Property hosts high grade gold in individual quartz veins as well as low grade gold in stockwork quartz vein systems.
Summary reports have been recently completed on these properties and Emgold is seeking joint venture or other opportunities to advance them.
For more information about Emgold, the Idaho-Maryland Gold Mine Project, Golden Bear Ceramics Company and the Stewart/Jazz and Rozan properties in British Columbia, please visit www.emgold.com or www.sedar.com.
On behalf of the Board of Directors
David Watkinson, P.Eng., President, COO and Director
This news release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that the Company expects 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 market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, Investors should review the Company's filings that are available at www.sedar.com or the Company's website at www.emgold.com.
U.S. 20-F Registration: 000-51411
No regulatory authority has approved or disapproved the information contained in this news release.
Contact:
Jeffery Stuart
Emgold Mining Corporation
Manager of Business Development and Investor Relations
(604) 687-4622 or 1-888-267-1400 ext. 248
Email: info@emgold.com
Website: www.emgold.com
Source: Emgold Mining Corporation
http://biz.yahoo.com/ccn/080921/200809210487052001.html?.v=1
God Bless America
Emgold Mining (Tier2) (EMR)◊$0.09Change:- (-%)Volume:26,00015:56:30 EDTSep-19-08
Bid (CAD) Ask (CAD) P/E EPS P/S
0.085 - - - -
Volume Avg Volume Mkt Cap Outstanding Float
26,000 - $ - - -
Prev Cls Open Dividend Dividend Yield
0.09 0.09 $ - -%
Day's Range 52-wk Range Ex-Dividend Date Dividend Date
0.09 - 0.09 - - -
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hi sumisu', thank you for this update EGMCF
re:
Emgold Mining Corporation Shareholder Update
Sunday September 21, 5:00 pm ET
http://biz.yahoo.com/ccn/080921/200809210487052001.html?.v=1
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 21, 2008) - Emgold Mining Corporation (TSX VENTURE:EMR - News; OTCBB:EGMCF - News; FRANKFURT:EML - News; the "Company" or "Emgold") is pleased to provide its shareholders with the following update:
Idaho-Maryland Project
The City of Grass Valley, California (the "City") is nearing completion of the Draft Environmental Impact Report ("DEIR") for the Idaho-Maryland Gold Mine Project (the "Project") which is expected to be published in late September or early October of 2008. Delays in the issuance of the DEIR relate to additional scope items being completed by the City and its consultants, Environmental Science Associates ("ESA"). These items were identified during four public workshops held by the City as part of the California Environmental Quality Act ("CEQA") process. The City and ESA are ensuring that all public concerns are identified and addressed in the CEQA process prior to releasing the DEIR.
The Company's wholly-owned subsidiary, Idaho-Maryland Mining Corporation ("IMMC") is preparing applications for several major operating permits. These permits include the U.S. Army Corps of Engineers 404 (Wetlands) Permit, the National Pollution Discharge Elimination System Discharge Permit under the jurisdiction of the California Regional Water Quality Control Board, a Voluntary Clean-Up Agreement for the historic Idaho-Maryland site with the California Department of Toxic Substance Control, and Mine Waste Discharge Requirements under the jurisdiction of the California Regional Water Quality Control Board.
IMMC is also preparing a computerized resource model using MineSight® software. Recent work has consisted of scanning of all historic geological maps for the model and currently IMMC's Chief Geologist, Robert Pease, is modeling the mineralized zones based on these geologic maps and over 40,000 historical assays. IMMC has retained AMEC, a leading provider of services and engineering solutions to the world's infrastructure, manufacturing and process industries, to assist in completing a new NI 43-101 compliant resource estimate. This work is expected to take several more months to complete.
IMMC is developing mine planning, scheduling, and cost estimates to evaluate various scenarios for dewatering, exploration, and redevelopment of the Idaho-Maryland Mine. Upon completion of the Final Environmental Impact Report ("FEIR") and the new resource model, IMMC plans to complete an updated Scoping Study on the Project.
IMMC's community relations program continued this summer in the City with staff attending many events including the Grass Valley Thursday Night Markets, the Nevada County Fair, the 113th Miner's Picnic, etc. to answer questions from the public about the Project. IMMC was honoured to have taken on the role as Grand Champion Sponsor for the annual Nevada County Fair, which was attended by approximately 87,000 people in 2008. IMMC hopes to continue this as a long term role in the future as the Project moves into operation, recognizing the importance of the Fair to the residents of Nevada County. IMMC was pleased to assist the Economic Resource Council, Grass Valley Downtown Business Association, and Grass Valley/Nevada City Chambers of Commerce in putting together a display for Nevada County at the California State Fair. The display included a replica of the Idaho-Maryland head-frame. The 2008 State Fair was attended by approximately 790,000 people and Nevada County was awarded a Bronze Ribbon for its display.
It is expected that the FEIR will be certified near the end of 2008. Upon approval of the Project by the Planning Commission and City's Council a Conditional Mine Use Permit will be issued for the Project. At that time a Development Agreement will also be completed between IMMC and the City. These approvals are expected in the first half of 2009.
Golden Bear Ceramics Company
Emgold continues to consider opportunities to independently finance its other wholly-owned subsidiary, Golden Bear Ceramics Company (the "GBC") and discussions are ongoing with a variety of interested parties. GBC has filed for several U.S. and international patents to protect the Ceramext® technology and patent work is proceeding without issue. Representatives of GBC were recently invited to and attended the Green Technologies Exposition as part of the XXVI Annual Border Governor's Conference in California. The conference is attended by the 10 border governors along the U.S. and Mexico border, representing the third largest economy in the world. The Green Technology Exposition consisted of displays by 70 companies presenting innovative green technologies, highlighting the conference theme of "Building Green Economies". The conference was hosted by California Governor, Arnold Schwartzenegger (see http://gov.ca.gov/press-release/10382).
B.C. Properties
In August 2008, Emgold completed its commitment to exercise its option to acquire a 100% interest in and to the mineral rights to the Stewart Property, located in the Nelson Mining Division of southeastern B.C. The Stewart Property is in a region characterized by historic mining activity and has been subject to exploration by a variety of companies including Emgold over the last 100 years looking for gold, copper, tungsten, molybdenum, and other minerals. Shell Canada defined a non-NI 43-101 compliant resource of 204,125 metric tones grading 0.370% MoS2 in 1981. Molybdenum mineralization appears to exist in breccia pipes.
In March 2004, Emgold entered into an option agreement to acquire a 100% interest in the 600-hectare Jazz Property consisting of twenty-four mineral claims contiguous to the Stewart Property. Several areas of interest have been identified to date on the Stewart/Jazz properties through exploration activities including the Stewart Moly Zone, the Free Silver Zone, the Arrow Tungsten Zone, and the Craigtown Creek Area.
In April 2006, Emgold completed its commitment and exercised its option to acquire a 100% interest in and to the mineral rights to the Rozan Gold Property, located in the Nelson Mining Division of southeastern B.C. The Rozan Gold Property is located west and adjacent to the Gold Mountain Zone gold discovery on the Kena Gold Property held by Sultan Minerals Inc. Sultan Minerals Inc. has published a NI 43-101 compliant technical report (authored by Gary Giroux, P.Geo. and Linda Dandy, P.Geo.; filed via SEDAR June 16, 2004) on its Kena Gold Property outlining measured and indicated resources of 381,000 ounces and inferred resources of 389,000 ounces of gold. Emgold has conducted several early stage exploration programs on the Rozan Gold Property including geochemical, geophysical, and drill evaluations. Emgold believes the Rozan Gold Property hosts high grade gold in individual quartz veins as well as low grade gold in stockwork quartz vein systems.
Summary reports have been recently completed on these properties and Emgold is seeking joint venture or other opportunities to advance them.
For more information about Emgold, the Idaho-Maryland Gold Mine Project, Golden Bear Ceramics Company and the Stewart/Jazz and Rozan properties in British Columbia, please visit www.emgold.com or www.sedar.com.
On behalf of the Board of Directors
David Watkinson, P.Eng., President, COO and Director
This news release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that the Company expects 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 market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, Investors should review the Company's filings that are available at www.sedar.com or the Company's website at www.emgold.com.
U.S. 20-F Registration: 000-51411
No regulatory authority has approved or disapproved the information contained in this news release.
Contact:
Jeffery Stuart
Emgold Mining Corporation
Manager of Business Development and Investor Relations
(604) 687-4622 or 1-888-267-1400 ext. 248
Email: info@emgold.com
Website: http://www.emgold.com
--------------------------------------------------------------------------------
Source: Emgold Mining Corporation
Emgold Mining Corporation Shareholder Update
Sunday September 21, 5:00 pm ET
http://biz.yahoo.com/ccn/080921/200809210487052001.html?.v=1
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 21, 2008) - Emgold Mining Corporation (TSX VENTURE:EMR - News; OTCBB:EGMCF - News; FRANKFURT:EML - News; the "Company" or "Emgold") is pleased to provide its shareholders with the following update:
Idaho-Maryland Project
The City of Grass Valley, California (the "City") is nearing completion of the Draft Environmental Impact Report ("DEIR") for the Idaho-Maryland Gold Mine Project (the "Project") which is expected to be published in late September or early October of 2008. Delays in the issuance of the DEIR relate to additional scope items being completed by the City and its consultants, Environmental Science Associates ("ESA"). These items were identified during four public workshops held by the City as part of the California Environmental Quality Act ("CEQA") process. The City and ESA are ensuring that all public concerns are identified and addressed in the CEQA process prior to releasing the DEIR.
The Company's wholly-owned subsidiary, Idaho-Maryland Mining Corporation ("IMMC") is preparing applications for several major operating permits. These permits include the U.S. Army Corps of Engineers 404 (Wetlands) Permit, the National Pollution Discharge Elimination System Discharge Permit under the jurisdiction of the California Regional Water Quality Control Board, a Voluntary Clean-Up Agreement for the historic Idaho-Maryland site with the California Department of Toxic Substance Control, and Mine Waste Discharge Requirements under the jurisdiction of the California Regional Water Quality Control Board.
IMMC is also preparing a computerized resource model using MineSight® software. Recent work has consisted of scanning of all historic geological maps for the model and currently IMMC's Chief Geologist, Robert Pease, is modeling the mineralized zones based on these geologic maps and over 40,000 historical assays. IMMC has retained AMEC, a leading provider of services and engineering solutions to the world's infrastructure, manufacturing and process industries, to assist in completing a new NI 43-101 compliant resource estimate. This work is expected to take several more months to complete.
IMMC is developing mine planning, scheduling, and cost estimates to evaluate various scenarios for dewatering, exploration, and redevelopment of the Idaho-Maryland Mine. Upon completion of the Final Environmental Impact Report ("FEIR") and the new resource model, IMMC plans to complete an updated Scoping Study on the Project.
IMMC's community relations program continued this summer in the City with staff attending many events including the Grass Valley Thursday Night Markets, the Nevada County Fair, the 113th Miner's Picnic, etc. to answer questions from the public about the Project. IMMC was honoured to have taken on the role as Grand Champion Sponsor for the annual Nevada County Fair, which was attended by approximately 87,000 people in 2008. IMMC hopes to continue this as a long term role in the future as the Project moves into operation, recognizing the importance of the Fair to the residents of Nevada County. IMMC was pleased to assist the Economic Resource Council, Grass Valley Downtown Business Association, and Grass Valley/Nevada City Chambers of Commerce in putting together a display for Nevada County at the California State Fair. The display included a replica of the Idaho-Maryland head-frame. The 2008 State Fair was attended by approximately 790,000 people and Nevada County was awarded a Bronze Ribbon for its display.
It is expected that the FEIR will be certified near the end of 2008. Upon approval of the Project by the Planning Commission and City's Council a Conditional Mine Use Permit will be issued for the Project. At that time a Development Agreement will also be completed between IMMC and the City. These approvals are expected in the first half of 2009.
Golden Bear Ceramics Company
Emgold continues to consider opportunities to independently finance its other wholly-owned subsidiary, Golden Bear Ceramics Company (the "GBC") and discussions are ongoing with a variety of interested parties. GBC has filed for several U.S. and international patents to protect the Ceramext® technology and patent work is proceeding without issue. Representatives of GBC were recently invited to and attended the Green Technologies Exposition as part of the XXVI Annual Border Governor's Conference in California. The conference is attended by the 10 border governors along the U.S. and Mexico border, representing the third largest economy in the world. The Green Technology Exposition consisted of displays by 70 companies presenting innovative green technologies, highlighting the conference theme of "Building Green Economies". The conference was hosted by California Governor, Arnold Schwartzenegger (see http://gov.ca.gov/press-release/10382).
B.C. Properties
In August 2008, Emgold completed its commitment to exercise its option to acquire a 100% interest in and to the mineral rights to the Stewart Property, located in the Nelson Mining Division of southeastern B.C. The Stewart Property is in a region characterized by historic mining activity and has been subject to exploration by a variety of companies including Emgold over the last 100 years looking for gold, copper, tungsten, molybdenum, and other minerals. Shell Canada defined a non-NI 43-101 compliant resource of 204,125 metric tones grading 0.370% MoS2 in 1981. Molybdenum mineralization appears to exist in breccia pipes.
In March 2004, Emgold entered into an option agreement to acquire a 100% interest in the 600-hectare Jazz Property consisting of twenty-four mineral claims contiguous to the Stewart Property. Several areas of interest have been identified to date on the Stewart/Jazz properties through exploration activities including the Stewart Moly Zone, the Free Silver Zone, the Arrow Tungsten Zone, and the Craigtown Creek Area.
In April 2006, Emgold completed its commitment and exercised its option to acquire a 100% interest in and to the mineral rights to the Rozan Gold Property, located in the Nelson Mining Division of southeastern B.C. The Rozan Gold Property is located west and adjacent to the Gold Mountain Zone gold discovery on the Kena Gold Property held by Sultan Minerals Inc. Sultan Minerals Inc. has published a NI 43-101 compliant technical report (authored by Gary Giroux, P.Geo. and Linda Dandy, P.Geo.; filed via SEDAR June 16, 2004) on its Kena Gold Property outlining measured and indicated resources of 381,000 ounces and inferred resources of 389,000 ounces of gold. Emgold has conducted several early stage exploration programs on the Rozan Gold Property including geochemical, geophysical, and drill evaluations. Emgold believes the Rozan Gold Property hosts high grade gold in individual quartz veins as well as low grade gold in stockwork quartz vein systems.
Summary reports have been recently completed on these properties and Emgold is seeking joint venture or other opportunities to advance them.
For more information about Emgold, the Idaho-Maryland Gold Mine Project, Golden Bear Ceramics Company and the Stewart/Jazz and Rozan properties in British Columbia, please visit www.emgold.com or www.sedar.com.
On behalf of the Board of Directors
David Watkinson, P.Eng., President, COO and Director
This news release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that the Company expects 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 market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, Investors should review the Company's filings that are available at www.sedar.com or the Company's website at www.emgold.com.
U.S. 20-F Registration: 000-51411
No regulatory authority has approved or disapproved the information contained in this news release.
Contact:
Jeffery Stuart
Emgold Mining Corporation
Manager of Business Development and Investor Relations
(604) 687-4622 or 1-888-267-1400 ext. 248
Email: info@emgold.com
Website: http://www.emgold.com
--------------------------------------------------------------------------------
Source: Emgold Mining Corporation
i looked at mining and metal charts. wow they are down.
Emgold Mining (Tier2) (EMR)▼$0.11Change:-0.005 (-4.35%)Volume:9,00015:12:45 EDTAug-29-08
mick' welcome to 'EMGOLD MINING CORP ' -
I have been an EMR shareholder for about 20 yrs. -
Idaho-Maryland Gold Mine -
still hold U.S.A. the record # 1 -
mined a million ton -
got a million Au ounces -
dd..a few..
http://www.emgold.com/s/Home.asp
http://beta.investorshub.advfn.com/boards/board.aspx?board_id=5395
the H&S formation shows where TA breakdown occurred. very interesting company.
God Bless America
the H&S formation shows where TA breakdown occurred. very interesting company.
EMGOLD MINING CORPORATION (Tier(CDNX: EMR.V) fiat$0.1150
Trade Time: 3:59PM ET
Change: Up fiat$ 0.0050 (4.55%)
Prev Close: 0.11
Open: 0.115
Bid: 0.1000
Ask: 0.1150
1y Target Est: N/A
Day's Range: 0.1050 - 0.1150
52wk Range: 0.11 - 0.28
Volume: 91,500
God Bless
Gold Rallies to One-Month High in Asia as Crude Oil Increases
By Feiwen Rong
June 30 (Bloomberg) -- Gold gained to the highest in more than a month in Asia as rising crude oil prices and a weaker dollar boosted the appeal of the precious metal as a hedge against inflation.
Crude oil rose for a third day and traded above $141 a barrel in New York on speculation further weakness in the dollar will sustain investor demand for the commodity. Gold gained 2.8 percent last week while crude oil soared 4.2 percent. The dollar traded near a three-week low against the euro today.
Crude oil's rally ``could intensify global inflation fears which should boost precious metal investment demand,'' said Manqoba Madinane, analyst at Standard Bank in Johannesburg, said in a report today.
Bullion for immediate delivery added 0.7 percent to $934.01 an ounce at 4:21 p.m. in Singapore, after earlier reaching $934.93 an ounce, the highest since May 22. Silver added 1.9 percent to $17.8462 an ounce.
``Investors have been looking for a hedge against rising inflation, a weaker U.S. dollar and negative real interest rates after the Federal Reserve started cutting benchmark rates in mid- 2007,'' Tobias Merath, commodities analyst at Credit Suisse Group in Singapore, said in a report on June 27. ``Real assets such as commodities, and gold in particular, can provide such a hedge.''
The dollar also fell today to the lowest against the Japanese yen since June 9 before government data this week that may show U.S. employers cut jobs for a sixth consecutive month and U.S. manufacturing contracted at a faster pace this month.
Crude oil for August delivery advanced $2.20, or 1.6 percent, to $142.41 a barrel at 4:14 p.m. in Singapore. It rose to a record $142.99 on June 27.
Gold for August delivery added 0.4 percent to $934.90 an ounce in after-hours electronic trading on Comex at 4:14 p.m. Singapore time.
Gold for April 2009 delivery gained 10 yen, or 0.3 percent, to 3,183 yen a gram ($942 an ounce) on the Tokyo Commodity Exchange at 5:16 p.m. local time. Gold for December traded in Shanghai was up 1.3 percent at 205.27 yuan a gram ($933 an ounce).
--
Mother GOLD Second Bull Wave LT Trend Started - of the 5-wave Elliott pattern -
This Gold bull market rise is going to make the 1970s
spectacular rise look small in comparison.
It will take time, but it's powerful because it's more
of a global market today compared to the 1970s.
By Aden sisters.
God Bless America
Emgold Mining (Tier2) (EMR) $0.165 -
sumisu, thank you -
Change: $0.005 (3.12%)
Volume: 212,400
15:58:13 EDT
Jun-11-08
http://www.emgold.com/s/Home.asp
http://finance.yahoo.com/q/h?s=EMR.V
http://biz.yahoo.com/cnw/080611/emgold_stewart_prprty.html?.v=1
God Bless
June 11 - Emgold Intersects Tungsten and Molybdenum Mineralization In Trenching and Drilling At Stewart Property, Salmo, B.C.
<< TSX Venture Exchange: EMR OTC Bulletin Board: EGMCF U.S. 20-F Registration: 000-51411 Frankfurt Stock Exchange: EML >>
VANCOUVER, June 11 /CNW/ - Emgold Mining Corporation (EMR-TSX Venture) (the "Company" or "Emgold") is pleased to announce results from its 2007 diamond drilling program on the Stewart property, located near Salmo, B.C. Emgold completed 3,338 metres of diamond drilling in 30 drill holes on the property. A total of 1,285 core samples were obtained and shipped to a laboratory for analysis. Emgold is very encouraged by the results of this drilling program. Drill hole STW07-03 gave an impressive molybdenum intersection of 0.308% Mo over 24.39 meters. This included 0.721% Mo over 3.05 meters. Drill hole STW07-16 gave a tungsten intersection of 0.274% W over 9.16 meters, including 0.759% W over 1.58 meters.
One objective of the fall 2007 drill program was to further test and verify the strong molybdenum breccia mineralization outlined by drilling in 1980 and 1981 by Shell Canada, and further drilled by Emgold in 2005 (see Emgold news release dated November 28, 2005). A second objective, and one designed to utilize the majority of the drill metreage, was to test the strong tungsten mineralization encountered in trenching of the Arrow Tungsten zone. (see Emgold's November 12, 2007 press release). The molybdenum and tungsten zones are located in close proximity to one another.
Prior to drilling, Emgold completed a total of 20 trenches on the Stewart Moly and Arrow Tungsten Zones. The trenching program successfully discovered tungsten mineralization along the Arrow Tungsten Zone. Values of 1.171% tungsten over 2 metres (07ST-18) and 0.594% over 5 metres (07ST-16) were encountered. The following table summarizes the trenching over the Arrow Zone (previously released November 12, 2007):
[Table in following link]
http://biz.yahoo.com/cnw/080611/emgold_stewart_prprty.html?.v=1
Smartstox.com Spotlights Emgold Mining, ValGold Resources and Yellowhead Mining
Wednesday June 4, 8:00 am ET
http://biz.yahoo.com/pz/080604/144034.html
VANCOUVER, British Columbia, June 4, 2008 (PRIME NEWSWIRE) -- The Smartstox Online TV Talk Show is alerting its subscribers and other resource stock investors to our new interviews with the leaders of these current Smartstox-profiled companies.
Emgold Mining Corporation (CDNX:EMR.V - News) wants to reopen one of California's largest historic gold producers, the Idaho-Maryland Mine at Grass Valley. Total recorded production at the mine from 1862-1956 was 2,383,000 ounces of gold from 5,546,000 short tons for a recovered grade of 0.43 ounces of gold per short ton. The mine closed due to the low gold price of the day. In our new interview with Dave Watkinson, the president of Emgold, he discusses the company's permitting process, which is well advanced, and the rehabilitation requirements of the old workings to allow further underground exploration and upgrading of their present inferred resource. The interview is available at http://www.smartstox.com/interviews/emr.php.
ValGold Resources Ltd. (CDNX:VAL.V - News) has been making big strides at their projects in Ontario, Guyana and Venezuela, and we talked with president Steve Wilkinson recently about their progress over the past year. ValGold's work programs in Guyana have resulted in significant discoveries for gold, platinum group metals, and uranium; the company is now mobilizing for this season's program. At the company's Garrison Gold Project near Timmins, Ontario, a new NI 43-101 compliant resource estimate stands at some 400,000 ounces Inferred and 168,000 ounces Indicated. The report recommends additional underground exploration to expand and upgrade resources, and to investigate the potential for a bulk tonnage, open-pit operation. Our Smartstox interview with Steve Wilkinson is available at http://www.smartstox.com/interviews/val.php.
Yellowhead Mining Inc. is a privately held junior that is quickly advancing their flagship Harper Creek Project near Kamloops in south central British Columbia. Yellowhead has a recent resource estimate and a Preliminary Economic Assessment study in hand that show robust economics for a potential open-pit mine with a life of up to 23 years. We recently talked with the management team of Yellowhead and learned about some advantages of operating as a private entity, and how investors participate in the venture. Our Smartstox interview with the management of Yellowhead Mining is available at http://www.smartstox.com/interviews/yhd.php.
To view our full interview line-up, visit http://www.smartstox.com.
Smartstox.com provides investment-related content through video and audio interviews with the management of small cap companies, along with written profiles on those groups. The organizations themselves compensate Smartstox.com for production of the materials. Readers are encouraged to read our full disclosure at http://www.smartstox.com.
Disclaimer: The content prepared by DSMA/Smartstox is for informational purposes only. Any third party statement and/or opinion and/or any forward-looking statement expressed within any DSMA/Smartstox content shall not be considered a recommendation or endorsement from DSMA/Smartstox to buy or sell securities from companies profiled by Smartstox. The information in DSMA/Smartstox content has not been reviewed by any securities authority.
Contact:
The Smartstox Online TV Talk Show
Stanlie Hunt, President
(604) 628-4592
(416) 628-4841
info@smartstox.com
--------------------------------------------------------------------------------
Source: Smartstox.com; Emgold Mining Corporation, ValGold Resources Ltd., Yellowhead Mining Inc.
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EMGOLD MINING CORP.(V.EMR) -
- The Idaho-Maryland Gold Mining Corp. -
was discovered in 1851, produced from 1862 through 1956
and is the second largest historical producer
in California.
Total recorded production was 2,383,000 ounces of Gold -
from 5,546,000 short tons for a recovered grade
of 0.43 ounces of Gold per short ton.
|
|
Video presentations -
http://www.smartstox.com/app/video/index.php?play=emr&title=EMR&key=2147411106175219108112
http://www.emgold.com/presentation_2006-03/#
http://www.ceoclips.com/media/ceo_00125_emgold_300.asx
http://resourceworldtv.com/view_video.php?viewkey=17e56e07902b254dfad1
An Emgold Photo Gallery Featuring
THE IDAHO-MARYLAND MINE & THE CERAMEXT™ PROCESS
http://tinyurl.com/zny77
- EmGold a mining company focused on
- the re-development of the former
- Idaho-Maryland Gold Mines -
- located in the Gold Cities of
- Grass Valley and
- Nevada City, California.
- Gold Res: 3 mil. oz x $550 =
- $1,650,000,000.00 Au-Ore Value?..
- of new conf. drilled eng. Gold Res
- to about 3000' down..
- and still it remains -
- about 20,000' of Virgin Gold Ore
- rock depth to drill and Mine.
- At the Empire Gold Mine beside, the
- GOLD become richer and richer the
- deeper they mined, and much
- richer below 3000' than above!!!
EMR has long way to hike Back UP
to its fair market cap. value of above $7.00/sh
the EMR marketvalue of 1996 vs today.
Emgold has more Gold hard assets defined by
more than 200,000 feet of drilling and
more Gold Hard Asset Mines Values
than any time before.
- The Idaho-Maryland Gold Mine -
From the Idaho-Maryland Gold Mine:
by: wilson3 (ID#: 2112164) -
===============
measured & indicated 1.67mil tons @ 0.28 ounce/tons
and inferred 2.5mil tons @ 0.38 ounces/ton.
assume 0.28, then .28 = approx 9grams/ton
and worth $187/ton (with gold at $671/ounce)
At peak production (march 7 2007 presentation)
- 2400tons/days and current gold price
$187 then 2400 x 187 = aprox $448,000 /day cash flow.
Great Bear at peak production:
======================
Average wholesale price / ton (march 6 2006 presentation)
$1200 - $1400/ton of engineered stone.
At peak production, this will equate to 1200 tons/day
(march 7 2007 presentation) x $1200 (average wholesale price)
= approx $1.4 million/day cash flow
The combined cash flow for these two entities
at peak production levels are:
$1.4 million + $.448 million = approx. $1.848 million per day.
Over the course of a year, assuming COMBINED peak production
for 350 out of 365 days, then the $1.848 million cash flow
X 350 days of production = $646++ million cash flow per year.
Not bad potential -
Please keep in mind that cash flow does not include
costs/overhead, higher grades of gold, market conditions
and timelines to actual production.
As always, do your own DD.
By WIL
- The Idaho-Maryland Gold Mine -
- Historic Richest Mining Record -
- One ounce of Gold per ton -
- still holding -
- The USA # 1 Record in GOLD Mining -
- Produced more than One million
- ounces of GOLD from one million ton.
- Coarse-grained scheelite is present in
- several veins, notably in
- the Union Hill and New Brunswick mines.
- The Idaho-Maryland Gold Mines -
- Record #1 Richest Gold Producer in the USA? -
http://www.smartstox.com/interviews/EMR.php
- history often repeat itself -
- Welcome aboard -
http://www.emgold.com/i/pdf/2005-09_WJMC.pdf
- THE GOLDEN KEY -
- Emgold's President & CEO, Bill Witte, featured on video -
http://www.ceoclips.com/media/ceo_00125_emgold_300.asx
Sponge Gold -
- There's Gold in Them Thar Hills! -
- Have you ever thought that the Gold Rush
- 49er's of Californ-i-a had Cornish accents?
- Cornwall England,Cornish Cousin Jacks emigration,
- Idaho-Maryland Gold Mining Mines,
- Grass Valley, California, America,
- Cornish tourist and heritage information,
- cornwallgb
Downtown Grass Valley -
The Holbrooke hotel established 1850's
Idaho-Maryland Mine c. 1860's
http://www.idaho-maryland.com/s/Gold.asp?ReportID=114949
http://www.idaho-maryland.com/s/Home.asp
http://www.idaho-maryland.com/s/History.asp?ReportID=114943
The Gold shares remain -
The Historic Investment Opportunity of
a lifetime -
Wait until the general investing public
knows about the Gold -
There is going to be a Gold share buying frenzy
like the world has never seen -
The GOLD derivatives are Primed-EXPLODING and
EMR might just GO ^^^^^
- straight to $600 and through -
to take out fiatz 666 as butter -
to $700 and UP...
That is how it happened at the end of 1979.
GOLD 2006 Bull Reflextion of 1980 Bulltrend
GOLD 2006 to be a mirror reflextion of
GOLD 1979 - 1980 - Bulltrend ? -
GOLD TA TI strong LT Bulltrend -
Longterm comeback...
http://tinyurl.com/f55zp
The Gold has taken out $940.00, the Gold derivatives
neutron bomb could go off at anytime ? -
We're now in a primary Bull market in LT Gold.
Gold Stocks will be seen as the answer
to economic freedom ? ...
Constitution Class taught by
The 2004 Libertarian Presidential Candidate,
Michael Badnarik teaches his famous class about
the Constitution....
http://tinyurl.com/cbg4n
Only a matter of time now before the magic $1000 -
becomes a reality!
GOLD Stocks will be the way to riches ? -
"hold for the Long-Term"
http://www.emgold.com/s/Presentations.asp
The Fair share price should be much higher than
ever before --
- EMR has just started a new Bull
Trend to move back UP*^
EmGold - Alert #1 LT Bull Wave Starting -
http://tinyurl.com/j6tew
EmGold Signal oversold / undervalued -
http://tinyurl.com/evfjl
EMR BigChart TI LT Alert *** LT Bull Start *** -
old giant Gold producer starting to wake up -
EMR SChart TI ST Alert *** Bull BreakOut *** -
EMR - Golden Bull start to run -
EmGold - in Germany -
http://www.goldseiten.de/content/firmen/emgold/emr3.php
PERMITTING
Since the early 1960's, 37 Gold Mines have applied for Use Permits in California and all have received Use Permits.
RECENTLY PERMITTED GOLD MINES IN CALIFORNIA
http://www.emgold.com/s/Permitting.asp
The Gold chart is very constructive:
http://www.tfc-charts2.w2d.com/charts/GDM.GIF
http://www.tfc-charts2.w2d.com/charts/GDW.GIF
Gold stocks will shine - bullion prices hit
$950 to a new highs...
A GOLD SHARE BUYING PANIC IS COMING...
There is no way the little Gold share market
will be able to handle this buying without
the Gold shares SOARING -
The Gold shares are only getting to the launch pad...
http://www.house.gov/paul/press/press2003/pr073103.htm
Woodrow Wilson signed the 1913 Federal Reserve Act.
A few years later he wrote:
I am a most unhappy man.
I have unwittingly ruined my country.
A great industrial nation is controlled
by its system of credit.
Our system of credit is concentrated.
The growth of the nation, therefore, and
all our activities are in the hands
of a few men.
We have come to be one of the worst ruled,
one of the most completely controlled
and dominated Governments in the civilized
world no longer a Government by free
opinion, no longer a Government
by conviction and the vote of the majority,
but a Government by the opinion and duress
of a small group of dominant men.
-Woodrow Wilson
http://www.house.gov/paul/
EmGold Mining Corp. DD ...
http://www.emgold.com/s/Home.asp
EMGOLD MINING CORPORATION
(Tier (EMR.V)
http://finance.yahoo.com/q?s=emr.v
EmGold trades on International markets -
http://finance.yahoo.com/lookup?s=Emgold&t=S&m=ALL
EMR MSP Detailed Quote -
http://www.investorshub.com/boards/quotes.asp?ticker=v.emr
TSE EMR Gold stock -
old low cost Gold mine producer -
http://tinyurl.com/muov9
Welcome to join and enjoy EmGold -
InvestorsHub forum...
tell us your opinions and
ask your questions...
Imo. Tia.
Brgds.
Bob
Precious Metals Spot Price's -
Money Masters: Federal Reserve History part 1 of 3
http://video.google.com/videoplay?docid=8442305921010099392&q=conspiracy
Money Masters: Federal Reserve History part 2 of 3
http://video.google.com/videoplay?docid=5020331178524208549&q=conspiracy
Money Masters: Federal Reserve History part 3 of 3
http://video.google.com/videoplay?docid=6666372716915416357&q=conspiracy
Those who make peaceful REVOLUTION impossible will
make violent REVOLUTION inevitable.
- John F. Kennedy
Constitution Class taught by
The 2004 Libertarian Presidential Candidate,
Michael Badnarik teaches his famous class about
the Constitution....
http://tinyurl.com/cbg4n
Shut Down The Federal Reserve: Save America!
http://www.ipetitions.com/petition/AFTF_P_1/
†With God all things are possible†
by: todd h
ROB-TV in exposing the Gold price suppression scheme -
http://www.youtube.com/watch?v=GbPetrK_6Lc&mode=related&search=
Join GATA -
http://www.GATA.org.
http://www.vatican.va
http://tinyurl.com/365wag
Second wave LT trend started - of the 5-wave Elliott pattern -
The Financial System Is A Farce -
http://www.sprott.com/pdf/marketsataglance/10_2007.pdf
by Eric Sprott spells it our clearly -
Welcome to The Idaho-Maryland Gold Mining Corp. & EmGold Mining discussion board
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