FREEDOM 51 !!!!!!!!!!!!!!!!!!!!!!!!
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THMG .20 x .23 no news that i can see but a nice pop good spec play on gold.....
THMG somebody stepping up to the plate today
CDSI .10 x .12 a little buying coming in
CCAA PR going into overdrive ha ha ha.....
Company Profile for Cala Corporation
2004-10-15 10:40 ET - News Release
-- (Business Wire) --
Cala Corporation is in the progress of creating three
new sectors of the hospitality/leisure industries: The UnderSea
Resort, the UnderSea Club & Spa, and the UnderSea Residence.
The UnderSea Resort will offer between 250 to 300 luxurious suites
with a direct view of the undersea as well as sea level. The resort
will offer only all inclusive prices for the most discriminating
travelers.
The UnderSea Club & Spa will be fractional ownership vacation
residences with ultra-prevention spas, cutting-edge medicine, a luxe
setting plus 250 resident estates of four or more bedrooms that range
in size from 4,000 to 6,000 square feet. Initial membership will be
$500,000.00, with an annual maintenance fee of $20,000.00. A
fractional membership will entitle the owner to a period from 3 weeks
to one month per year for their lifetime.
The UnderSea Residence will be an ultra-luxurious sea residence
for the most discriminating owners. The average residence will range
in size from 2,000 to 10,000 square feet. All are priced from
$3,000,000 to $12,000,000. The residence owners will enjoy the
concierge life -- where five-star resort service meets
maintenance-free living. The homeowners at UnderSea Residences will
simply need to bring a toothbrush. Every other detail, from ordering
furniture and appliances to fully stocking the kitchen is taken care
of through the residence's endless service program.
The company objective is to become the biggest real estate and
lodging holder in history, if the company is successful in securing
the funds for the first development.
-0-
*T
Company: Cala Corporation
Headquarters Address: 1314 Texas Avenue
Suite 410
Houston, Texas 77002
Main Telephone: 713-302-8689
Website: www.undersearesort.com
Ticker: (OTCBB:CCAA)
Type of Organization: Public
Industry: Travel: Lodging
Earnings Release Dates: 1st Quarter: March 31, 2004
2nd Quarter: September 30, 2004
3rd Quarter: June 30, 2004
4th Quarter: December 31, 2004
Key Executives: Chairman: Joseph Cala
President: Ray Francis
Vice President: Mike Windeguth
Public Relations
Contact: Joseph Cala
Phone: 713-302-8689
Email: cala@undersearesort.com
Investor Relations
Contact: Mike Windeguth
Phone: 512-809-0366
Email: windeguth@undersearesort.com
*T
Contacts:
Cala Corporation, Houston
STEK .25 x .35 quietly sneaking up today glad I picked up some more cheap shares on the dump this summer
CCAA really cranking out the releases lately
Watching with amusement....and a small position which I picked up when a s/b got filled when it went subpenny for a while
Cala Corporation Submits UnderSea Resort Design Plans to the United States Office of Ship Financing
HOUSTON -- (Business Wire) -- Oct. 14, 2004
Cala Corporation (Pink Sheets:CCAA) is pleased to inform
its shareholders that the company has made history in the maritime,
real estate, hospitality and leisure industries. The company has
submitted Mr. Francis' designs to the Office of Ship Financing, which
is a division of the United States Maritime Administration in
Washington D.C. (http://www.marad-dot.gov). The Office of Ship
Financing has verbally informed our company that they have no comments
regarding Mr. Francis' preliminary naval designs. It is an historic
day for the world because it is the first time in history that humans
will be able to live among marine life. The UnderSea Resort will
consist of Residences, Shopping Centers, Private Clubs, Spas, Casinos
and Timeshares. The construction will be extremely fast-paced because
the same designs and permits are applicable in every location. In
addition, there is no cost for the real estate purchase because it is
on the ocean. Future location plans are: The Bahamas, Cayman, Florida
coasts, Mayan Coasts, Hawaii, Australian coasts or the Tokyo Bay,
Kansai airport, Cannes, Monte Carlo, Venice, Capri, Taormina, New
York, Boston, Baltimore, Miami, San Francisco, and San Diego harbors.
¶ The UnderSea is not a destination but a lifestyle for the rich and
famous (http://www.undersearesort.com).
Contacts:
Cala Corporation
Joseph Cala, 713-302-8689
cala@undersearesort.com
ADCC showing some unusual and rare volume today
Empyrean Communications Inc. Updates on Office Building Purchase and Other Matters
2004-10-12 11:17 ET - News Release
HOUSTON -- (Business Wire) -- Oct. 12, 2004
Empyrean Communications Inc. (OTCBB:EPYR) announced the
appraisal for the building under consideration for purchase has been
delayed due to the four severe hurricanes that occurred in Florida. It
will now be about another three weeks before this appraisal will be
available for review.
A decision has been taken to call for a special shareholders
meeting to consider and approve (a) a restructuring of the authorized
stock of the corporation and (b) a name change for the corporation to
reflect the recently formulated corporate development plans.
Note: "Safe Harbor" Statement Under The Private Securities
Litigation Reform Act of 1995: The statements in the press release
that relate to the company' expectations with regard to the future
impact on the company's results from new products in development are
forward looking statements, within the meaning of the Private
Securities Litigation Reform Act of 1995. Since this information may
contain statements that involve risk and uncertainties and are subject
to change at any time, the company's actual results may differ
materially from expected results.
Contacts:
JLHY .30 x .32 10K out still looking for an acquisition. holds over 28 million in cash........
CDVJ making noise again today volume picking up
EDNE now at 1.50 not bad for a shell trading at .03-.04 several months ago
CCAA .02 x .025 with 5 mm's at the bid only one offering
CCAA very thin at the ask
CCAA looks like it may move on this latest news bid is really starting to stack up
CCAA one from the past making noise again
Cala Corporation Retires Its Outstanding Debts
2004-10-12 09:20 ET - News Release
SAN ANTONIO -- (Business Wire) -- Oct. 12, 2004
Cala Corporation (Pink Sheets:CCAA) is pleased to inform
its shareholders that during the 3rd financial quarter of 2004, the
company retired its outstanding debt with the issuance of restricted
shares. In addition, the company has been extremely successful in
attracting the necessary funds from quality investors in order to
increase cash flow. Also, the funds are being used for operating
expenses and for the development of the UnderSea Resort & Residence.
http://www.undersearesort.com.
The company expects to file its 3rd financial quarter 10-QSB by
November 15, 2004. In an unrelated matter, the company has hired the
prestigious Wien Securities to act as a Market Maker for the company
and to qualify the company for the OTCBB market.
It started as a conversation between a visionary named Joseph Cala
and George Berean, a world renowned architect with Wimberly Allison
Tong & Goo. Five years later, Joseph Cala and a brilliant naval
architect named Ray Francis took the idea and developed the design for
the first UnderSea Resort and Residence in history. The year was 2003,
and today, one year later, we are implementing the plan to build the
UnderSea Resort and Residence here in the United States of America.
The name is becoming synonymous with the highest achievements in the
hospitality and leisure world (www.UnderSeaResort.com).
"The UnderSea Resort And Residence Will Be A Timeless Style And A
Life Of Leisure. The UnderSea Resort And Residence Won't Be Another
Destination, It Will Be A Destiny." J. Joseph Cala
Contact information: Cala Corporation, Joseph Cala, 1314 Texas
Avenue, Suite 410, Houston, Texas 77002. 713-302-8689,
cala@undersearesort.com
Contacts:
Cala Corporation
Joseph Cala, 713-302-8689
cala@undersearesort.com
SportsNuts Announces Spin-Off of Technology Subsidiaries
2004-10-12 09:00 ET - News Release
DRAPER, Utah, Oct. 12 /PRNewswire-FirstCall/ -- SportsNuts (BULLETIN BOARD: SPCI) today announced that the Board of Directors has approved the spin-off of both of the Company's information technology-based subsidiaries. The spin-offs represent a move by SportsNuts to concentrate the Company's business in the sports industry and allow its subsidiaries to grow independently of the Company. The two subsidiaries, Synerteck Incorporated and Secure Networks, Inc., provide information technology services and sales of computer hardware. The Board of Directors has announced that November 1, 2004 shall be the record date for purposes of the spin-off of Synerteck, and, if market conditions are favorable, the spin-off of Secure Networks would take place after the beginning of 2005.
Each of the spin-offs will be made on a pro-rata basis to the shareholders of SportsNuts. SportsNuts has mailed an information statement to its shareholders describing the Synerteck spin-off and how and when SportsNuts shareholders will receive shares of Synerteck. Synerteck has filed a registration statement with the Securities and Exchange Commission and, following the spin-off, intends to have an application filed for its shares to trade on the NASD electronic bulletin board.
Kenneth Denos, Chief Executive Officer of SportsNuts stated, "the spin-off of these subsidiaries will enable SportsNuts to focus exclusively on one industry and take advantage of being a pure sports-oriented play in the marketplace. In addition, because SportsNuts shareholders will receive shares of our subsidiaries as a result of the spin-offs, these actions are expected to unlock value within these subsidiaries for the benefit of our shareholders."
About SportsNuts
SportsNuts is a sports management and marketing company that also possesses a proprietary and comprehensive sports information management system. The Company owns and operates sports events in the Rocky Mountain area and provides comprehensive technology solutions to a wide variety of sports organizations and events throughout the United States. The Company's mission is to become the leading global provider of turnkey solutions for the amateur sports market (teams, leagues, fans, players, coaches, administrators, park and recreation professionals, and event directors).
Questions concerning the above-mentioned announcement should be directed via electronic mail to info@sportsnuts.com or by regular mail to SportsNuts, Inc. c/o Kenneth I. Denos, Chief Executive Officer, at 11585 South State, Suite 102, Draper, Utah 84020.
This press release contains certain "forward-looking statements," as defined in the United States Private Securities Litigation Reform Act of 1995, that involve a number of risks and uncertainties. There can be no assurance that such statements will prove to be accurate and the actual results and future events could differ materially from management's current expectations. Such risk factors are detailed from time to time in the Company's filings on forms 10-QSB, 10-KSB, and 8-K with the U.S. Securities and Exchange Commission and other regulatory authorities.
SportsNuts, Inc.
CONTACT: Kenneth I. Denos, Chief Executive Officer of SportsNuts,
+1-801-816-2500
Top
NAU-tsx market seems to like the news
North American
North American Gold Inc (TSX-V:NAU)
Shares Issued 15,866,115
Last Close 10/1/2004 $0.50
Monday October 04 2004 - News Release
Mr. Buck Morrow reports
LATEST ASSAY RESULTS FROM CENTRAL INDICATE THE POTENTIAL FOR A STRUCTURAL RELATIONSHIP BETWEEN NORRA, AVAN AND CENTRAL
North American Gold Inc. has provided the latest assay results from the Central zone drilling program at the Barsele project in northern Sweden.
Hole No. From To Au Ag Zn
(m) (m) (g/t) (g/t) (%)
DDH 04-06 19.9 37.5 4.9 98 1.5
Incl. 24.9 29.1 11.6 88 3.1
DDH 04-07 48.6 86.6 0.9 - -
Incl. 66.5 68.5 4.6 - -
DDH 04-08 52.3 54.0 9.3 - -
DDH 04-09 8.6 12.5 4.9 - -
and 100.7 105.7 2.3 - -
DDH 04-10 115.0 115.9 27.2 - -
The results of holes 04-06 through 04-10 suggest the presence of a northwest-trending quartz-sulphide breccia vein zone located at the western margin of the Central zone. The drilling indicates that the vein zone may trend southeast into the main low-sulphide Central zone, and is open to the northwest. A plan map of drill hole locations has been posted on North American Gold's web site www.northamgold.com.
Buck Morrow, president of North American Gold, said: "The latest assay results from the Central zone suggest a new, higher-grade, vein-type zone is present outside of the previously drilled area. We have not seen these high silver and zinc values previously at the Central zone. Some of the high-grade mineralization is very close to surface, as in holes 06 and 09, and we are considering a trench to expose this zone for detailed structural studies and metallurgical testing. The high-grade intercept in hole 10 is significant because it demonstrates that new gold mineralization remains to be discovered along the Norra-Avan-Central corridor. With more exploration, including drilling, we may find that the three zones are structurally linked."
Drilling has now commenced at the Skirasen zone and assays remain pending from holes 04-11, 04-12 and 04-15 through 04-27 at the Norra zone -- Cee Lake targets. North American has now fulfilled its 2004 exploration obligations at the Norra project and, once the Skirasen drilling is complete, the Barsele obligations will also have been met. All exploration data are now being compiled, integrated and reviewed to assess the next round of drill targets.
National Instrument (NI) 43-101 compliance
The 2004 drilling program is being supervised by Harmen Keyser, PGeol, a qualified person under NI 43-101, who has verified the data disclosed in this release. It is not yet possible to make a conclusive statement relating sample interval to true width, as the structural controls on mineralization remain poorly understood. The silver value reported in hole 04-06 contains several assay overlimits, and is subject to revision upon receipt of more assays. Assays have been performed by Omac Laboratories (ISO 9001:2001) of Loughrea, Ireland, and ALS Chemex (ISO 9001:2000) of Vancouver, B.C., Canada, using standard fire assays for gold and AAS for silver and zinc.
Background
North American has an option to acquire a 60-per-cent interest in the adjoining Norra and Barsele properties from Minmet PLC by incurring a total of $3.5-million (U.S.) in exploration expenditures and issuing 400,000 shares to Minmet by Nov. 3, 2006 (see news release in Stockwatch dated Nov. 3, 2003). For more information, please refer to North American's website www.northamgold.com or call Kareen McKinnon toll-free at 1-888-627-9378.
© 2004 Canjex Publishing Ltd.
NAU results look interesting.... Any opinions as to their signifigance from experts out there. Market seems to be a little more impressed. Good volume and upticking...
North American Gold Inc (TSX-V:NAU)
Shares Issued 15,866,115
Last Close 10/1/2004 $0.50
Monday October 04 2004 - News Release
Mr. Buck Morrow reports
LATEST ASSAY RESULTS FROM CENTRAL INDICATE THE POTENTIAL FOR A STRUCTURAL RELATIONSHIP BETWEEN NORRA, AVAN AND CENTRAL
North American Gold Inc. has provided the latest assay results from the Central zone drilling program at the Barsele project in northern Sweden.
Hole No. From To Au Ag Zn
(m) (m) (g/t) (g/t) (%)
DDH 04-06 19.9 37.5 4.9 98 1.5
Incl. 24.9 29.1 11.6 88 3.1
DDH 04-07 48.6 86.6 0.9 - -
Incl. 66.5 68.5 4.6 - -
DDH 04-08 52.3 54.0 9.3 - -
DDH 04-09 8.6 12.5 4.9 - -
and 100.7 105.7 2.3 - -
DDH 04-10 115.0 115.9 27.2 - -
The results of holes 04-06 through 04-10 suggest the presence of a northwest-trending quartz-sulphide breccia vein zone located at the western margin of the Central zone. The drilling indicates that the vein zone may trend southeast into the main low-sulphide Central zone, and is open to the northwest. A plan map of drill hole locations has been posted on North American Gold's web site www.northamgold.com.
Buck Morrow, president of North American Gold, said: "The latest assay results from the Central zone suggest a new, higher-grade, vein-type zone is present outside of the previously drilled area. We have not seen these high silver and zinc values previously at the Central zone. Some of the high-grade mineralization is very close to surface, as in holes 06 and 09, and we are considering a trench to expose this zone for detailed structural studies and metallurgical testing. The high-grade intercept in hole 10 is significant because it demonstrates that new gold mineralization remains to be discovered along the Norra-Avan-Central corridor. With more exploration, including drilling, we may find that the three zones are structurally linked."
Drilling has now commenced at the Skirasen zone and assays remain pending from holes 04-11, 04-12 and 04-15 through 04-27 at the Norra zone -- Cee Lake targets. North American has now fulfilled its 2004 exploration obligations at the Norra project and, once the Skirasen drilling is complete, the Barsele obligations will also have been met. All exploration data are now being compiled, integrated and reviewed to assess the next round of drill targets.
National Instrument (NI) 43-101 compliance
The 2004 drilling program is being supervised by Harmen Keyser, PGeol, a qualified person under NI 43-101, who has verified the data disclosed in this release. It is not yet possible to make a conclusive statement relating sample interval to true width, as the structural controls on mineralization remain poorly understood. The silver value reported in hole 04-06 contains several assay overlimits, and is subject to revision upon receipt of more assays. Assays have been performed by Omac Laboratories (ISO 9001:2001) of Loughrea, Ireland, and ALS Chemex (ISO 9001:2000) of Vancouver, B.C., Canada, using standard fire assays for gold and AAS for silver and zinc.
Background
North American has an option to acquire a 60-per-cent interest in the adjoining Norra and Barsele properties from Minmet PLC by incurring a total of $3.5-million (U.S.) in exploration expenditures and issuing 400,000 shares to Minmet by Nov. 3, 2006 (see news release in Stockwatch dated Nov. 3, 2003). For more information, please refer to North American's website www.northamgold.com or call Kareen McKinnon toll-free at 1-888-627-9378.
© 2004 Canjex Publishing Ltd.
YAAKA .07 x .075 moving nicely today
YAAKA .03 x .035
YAAKA moving on news of acquisistion
YAAKA may do well doesn't seem like much stock out in the float
TTXI .032 x .038 breaking out of recent range on acquisition news
North American Gold provides Norra project first assays
North American Gold Inc (TSX-V:NAU)
Shares Issued 15,866,115
Last Close 9/22/2004 $0.42
Thursday September 23 2004 - News Release
Mr. Buck Morrow reports
ASSAY RESULTS FROM DRILLING AT NORRA EXTENDS MINERALIZATION TO THE NORTHWEST
North American Gold Inc. has provided the first assay results from a continuing diamond drilling program at the Norra project in northern Sweden. A total of 10 holes have been completed to date at the Norra zone.
The 2004 drilling program at Norra has been designed to test for strike extents of polymetallic (including gold) rich massive sulphide mineralization tested in 2003. In 1993 for example, hole 03-005 returned eight metres averaging 11.0 grams per tonne (g/t) gold (Au), 91.0 g/t silver (Ag), 3.5 per cent copper (Cu) and 3.7 per cent zinc.
The latest holes, from a 45-metre step-out, confirm that the gold-rich massive sulphide mineralization continues and remains open to the northwest. This is along strike with favourable stratigraphy and closely coincident with gravity-EM-magnetic anomalies further to the northwest at Cee Lake. This zone is developing into an important gold-rich massive sulphide body with promising strike potential.
Hole No. From To Au Ag
(m) (m) (g/t) (g/t)
DDH 04-13 89.55 90.52 2.1 11.2
90.52 91.35 5.8 60.6
91.35 92.35 1.0 56.7
92.35 93.35 4.2 43.6
Wt'd Avg: 89.55 93.35 3.2 42.5
DDH 04-14 98.65 99.65 10.5 45.6
99.65 100.20 6.9 132.0
100.20 101.10 6.6 80.5
101.10 101.73 12.0 66.4
Wt'd Avg: 98.65 101.75 9.0 75.5
Hole No. From To Cu Zn
(m) (m) (%) (%)
DDH 04-13 89.55 90.52 0.1 1.4
90.52 91.35 2.0 3.0
91.35 92.35 1.0 0.6
92.35 93.35 0.5 1.4
Wt'd Avg: 89.55 93.35 0.8 1.5
DDH 04-14 98.65 99.65 1.3 0.6
99.65 100.20 2.2 18.0
100.20 101.10 2.6 6.8
101.10 101.73 0.4 2.0
Wt'd Avg: 98.65 101.75 1.6 5.8
Commenting on the assays from holes DDH 04-13 and 04-14, Buck Morrow, president, said: "These are the type of results we were hoping for at Norra. This zone represents new high-value polymetallic mineralization in the Skelleftea VMS (volcanic massive sulphide) belt, one of the world's most productive gold-rich VMS environments. Our exploration team has done an excellent job of targeting these holes and significantly increasing the exploration potential along a strike length exceeding two kilometres. We are currently exploring the northwest strike potential in the area of the gravity surveys, but we can't forget about the southeast direction either. The proximity of the Norra zone mineralization to the gravity anomalies at Cee Lake, as well as other known gold-bearing zones including Avan, Central and Skirasen, is becoming more and more significant."
In addition, more assays are now available from the Barsele Central zone, as follows:
Hole No. From To Width Au
(m) (m) (m) (g/t)
DDH 04-06(1) 19.9 31.4 11.5 7.4
Including 24.9 29.1 4.2 11.6
55.5 60.5 5.0 2.2
DDH 04-07 48.6 86.6 38.0 0.9
Including 66.5 76.7 10.2 1.8
Including 66.5 68.5 2.0 4.6
(1) Assays from hole 04-06 announced in Stockwatch on Sept. 9, 2004.
Holes 04-06 and 04-07 tested the western margin of the Barsele Central zone and continue to increase the size of the mineral occurrence.
The remaining assays in holes 04-11, 04-12 and 04-15 through 04-20 at Norra, as well as holes 04-08 through 04-10 at the Barsele Central zone, are pending, and will be reported when available and confirmed. Drilling is continuing along strike to the northwest at Norra.
National Instrument (NI) 43-101 compliance
The 2004 drilling program is being supervised by Harmen Keyser, PGeol, a qualified person under NI 43-101, who has verified the data disclosed in this release. It is not yet possible to make a conclusive statement defining true width in these intercepts, as adjoining assay intervals remain pending at Norra. Averages reported in this news release are weighted to sample width and not to specific gravity. Assays have been performed by Omac Laboratories (ISO 9001:2001) of Loughrea, Ireland, and ALS Chemex (ISO 9001:2000) of Vancouver, B.C., Canada, using standard fire assays for gold and AAS for silver, copper and zinc.
North American Gold provides Norra project first assays
North American Gold Inc (TSX-V:NAU)
Shares Issued 15,866,115
Last Close 9/22/2004 $0.42
Thursday September 23 2004 - News Release
Mr. Buck Morrow reports
ASSAY RESULTS FROM DRILLING AT NORRA EXTENDS MINERALIZATION TO THE NORTHWEST
North American Gold Inc. has provided the first assay results from a continuing diamond drilling program at the Norra project in northern Sweden. A total of 10 holes have been completed to date at the Norra zone.
The 2004 drilling program at Norra has been designed to test for strike extents of polymetallic (including gold) rich massive sulphide mineralization tested in 2003. In 1993 for example, hole 03-005 returned eight metres averaging 11.0 grams per tonne (g/t) gold (Au), 91.0 g/t silver (Ag), 3.5 per cent copper (Cu) and 3.7 per cent zinc.
The latest holes, from a 45-metre step-out, confirm that the gold-rich massive sulphide mineralization continues and remains open to the northwest. This is along strike with favourable stratigraphy and closely coincident with gravity-EM-magnetic anomalies further to the northwest at Cee Lake. This zone is developing into an important gold-rich massive sulphide body with promising strike potential.
Hole No. From To Au Ag
(m) (m) (g/t) (g/t)
DDH 04-13 89.55 90.52 2.1 11.2
90.52 91.35 5.8 60.6
91.35 92.35 1.0 56.7
92.35 93.35 4.2 43.6
Wt'd Avg: 89.55 93.35 3.2 42.5
DDH 04-14 98.65 99.65 10.5 45.6
99.65 100.20 6.9 132.0
100.20 101.10 6.6 80.5
101.10 101.73 12.0 66.4
Wt'd Avg: 98.65 101.75 9.0 75.5
Hole No. From To Cu Zn
(m) (m) (%) (%)
DDH 04-13 89.55 90.52 0.1 1.4
90.52 91.35 2.0 3.0
91.35 92.35 1.0 0.6
92.35 93.35 0.5 1.4
Wt'd Avg: 89.55 93.35 0.8 1.5
DDH 04-14 98.65 99.65 1.3 0.6
99.65 100.20 2.2 18.0
100.20 101.10 2.6 6.8
101.10 101.73 0.4 2.0
Wt'd Avg: 98.65 101.75 1.6 5.8
Commenting on the assays from holes DDH 04-13 and 04-14, Buck Morrow, president, said: "These are the type of results we were hoping for at Norra. This zone represents new high-value polymetallic mineralization in the Skelleftea VMS (volcanic massive sulphide) belt, one of the world's most productive gold-rich VMS environments. Our exploration team has done an excellent job of targeting these holes and significantly increasing the exploration potential along a strike length exceeding two kilometres. We are currently exploring the northwest strike potential in the area of the gravity surveys, but we can't forget about the southeast direction either. The proximity of the Norra zone mineralization to the gravity anomalies at Cee Lake, as well as other known gold-bearing zones including Avan, Central and Skirasen, is becoming more and more significant."
In addition, more assays are now available from the Barsele Central zone, as follows:
Hole No. From To Width Au
(m) (m) (m) (g/t)
DDH 04-06(1) 19.9 31.4 11.5 7.4
Including 24.9 29.1 4.2 11.6
55.5 60.5 5.0 2.2
DDH 04-07 48.6 86.6 38.0 0.9
Including 66.5 76.7 10.2 1.8
Including 66.5 68.5 2.0 4.6
(1) Assays from hole 04-06 announced in Stockwatch on Sept. 9, 2004.
Holes 04-06 and 04-07 tested the western margin of the Barsele Central zone and continue to increase the size of the mineral occurrence.
The remaining assays in holes 04-11, 04-12 and 04-15 through 04-20 at Norra, as well as holes 04-08 through 04-10 at the Barsele Central zone, are pending, and will be reported when available and confirmed. Drilling is continuing along strike to the northwest at Norra.
National Instrument (NI) 43-101 compliance
The 2004 drilling program is being supervised by Harmen Keyser, PGeol, a qualified person under NI 43-101, who has verified the data disclosed in this release. It is not yet possible to make a conclusive statement defining true width in these intercepts, as adjoining assay intervals remain pending at Norra. Averages reported in this news release are weighted to sample width and not to specific gravity. Assays have been performed by Omac Laboratories (ISO 9001:2001) of Loughrea, Ireland, and ALS Chemex (ISO 9001:2000) of Vancouver, B.C., Canada, using standard fire assays for gold and AAS for silver, copper and zinc.
Background
North American has an option to acquire a 60-per-cent interest in the adjoining Norra and Barsele properties from Minmet PLC by incurring a total of $3.5-million (U.S.) in exploration expenditures and issuing 400,000 shares to Minmet by Nov. 3, 2003 (see news release in Stockwatch dated Nov. 3, 2003). For more information, please refer to North American's website www.northamgold.com or call Kareen McKinnon toll-free at 1-888-627-9378.
© 2004 Canjex Publishing Ltd.
Fortress Minerals Corp (TSX-V:FST)
Fortress reviews summer 2004 exploration in Mongolia
Fortress Minerals Corp (TSX-V:FST)
Shares Issued 44,343,838
Last Close 9/9/2004 $0.38
Monday September 13 2004 - News Release
Mr. Steve Swatton reports
DRILLING AND EXPLORATION UPDATE FROM MONGOLIA
Fortress Minerals Corp. has completed its summer exploration program for 2004 from the Shiveen Gol, Huvs, Gobi Altai and Erdenet belt (Teltiin and Oyuut Uul) projects in Mongolia. Exploration is still continuing at its Tsagaan Tolgoi property in northwest Mongolia adjacent to the Shiveen Gol property. All properties are 100 per cent owned by Fortress Minerals and constitute part of a roughly 52,000-square-kilometre-sized land package currently held under licence or application by the company in Mongolia. Upon approval of all exploration licences under application Fortress will become the second largest exploration licence land package owner in Mongolia.
Shiveen Gol (northwest Mongolia)
A total of nine drill holes have been completed (a combination of reverse circulation and diamond drilling) for a total of 1,920.8 metres. The deepest hole was 280.5 metres. Geochemical results will be released when available. As reported in earlier news releases, the geological target at Shiveen Gol is an iron oxide copper gold target with chalcopyrite mineralization reported from surface rock samples in the zone of drilling.
Huvs (north-central Mongolia)
Approximately 600 soil, rock and stream sediment samples have been collected to date. A soil orientation survey (91 samples at 100-metre spacing) was completed in a drainage basin that previously returned 4.37 grams Au per tonne from pan concentrate sampling. Partial soil sample results received to date outline the existence of a gold-enriched geochemical zone measuring approximately two kilometres by 300 metres. The highest gold soil sample from this zone returned a value of 0.49 gram per tonne, with an average of 0.124 gram per tonne. This gold geochemistry represents the first batch of results from nine such soil surveys in the same district. The geological target from this zone is either a large tonnage mesothermal vein style or a sediment hosted gold deposit. A complete dataset of results from all sample media will be released when available. As a result of the encouraging results and current hypotheses for gold genesis in this region Fortress has applied for approximately 35,000 square kilometres of additional mineral exploration licences in the Huvs region.
Erdenet district (north-central Mongolia)
Work has been concluded within the Teltiin (copper-gold) and Oyuut Uul (gold) project areas. At Teltiin, a total of 50 line kilometres of dipole-dipole induced polarization was completed with 150-metre dipole spacings. A ground magnetic survey was completed over a 28-square-kilometre area with 200-metre line spacings and readings collected every 10 metres on-line. A total of approximately 300 rock chip and 400 soil samples were collected. Final results and analyses are pending.
Work within the Oyuut Uul prospect has been completed. A total of 31 line kilometres of induced polarization surveys were completed with dipole-dipole spacings of 50 and 150 metres. A ground magnetic survey was completed over a 34-square-kilometre area with 200-metre line spacings and readings collected every 10 metres on-line. A total of approximately 60 rock chip and 100 soil samples were collected. Final results and analyses are pending.
Tsagaan Tolgoi
Reconnaissance exploration throughout the Tsagaan Tolgoi licence block is continuing. Approximately 300 rock chip samples have been collected to date from several gold and copper-gold prospects. Final results and analyses are pending.
Gobi Altai region
A reconnaissance exploration program has been completed within Fortress's 100-per-cent-owned Gants Modot licence block in the west-central Gobi Desert region. Approximately 150 rock chip samples were collected during reconnaissance completed in early September. Final results and analyses are pending.
A breakdown of the quality assurance/quality control procedures in place for rock and soil samples taken by Fortress are as follows. The samples are prepared and pulped by Analabs (a subsidiary of SGS Laboratories) in Ulaanbaatar. Acme Analytical Laboratories Ltd., Vancouver, assayed the pulps. The company incorporates one of six quality control laboratory standards into the analytical procedure. The standards are provided by Ore Research and Exploration Pty. Ltd. (Australia) and each standard has been evaluated by several recognized mineral testing laboratories in accordance with International Standards Organization (ISO) recommendations. The company's qualified person under National Instrument 43-101 is G.E. (Greg) McKelvey, a registered geologist in Wyoming and a certified professional geologist in accordance with the guidelines of the American Institute of Professional Geologists. Mr. McKelvey is also a member of the Society of Economic Geologists, and a fellow of the Geological Society of America.
WARNING: The company relies upon litigation protection for "forward-looking" statements.
© 2004 Canjex Publishing Ltd.
EPYR volume unreal today
CCAA .03 x .035
CCAA .03 x .035
CCAA moving nicely today
OFCC .015 x .023 reviving a bit on low volume
OFCC .015 x .023 a little bit of life here today
AMGO 50000 at .06 33000 at .08 and another 13000 at .10 someones at work here
Still trying to figure out TOPLF maybe someone put in a market order without realizing it causing it to run up and then had to dump to liquidate.... Either ways these guys are sure to capitalize on the high oil prices and have come up with some huge promos in the past. I'm sure something is in the works. Somebody probably jumped the gun. I'm sure AMGO will see higher levels eventually it's not as tight as TOPLF but shud move nicely when ready
North American Gold Announces More Assay Results From Barsele-Central Zone Confirming Gold Mineralization
9/9/04
VANCOUVER, British Columbia, Sep 9, 2004 (BUSINESS WIRE) --
North American Gold Inc. (TSX VENTURE:NAU) is pleased to provide the latest assay results from an on-going diamond drilling program at the Barsele project in northern Sweden. A total of 10 holes have been completed to date at the Central Zone, with results of the first four holes reported on 25 August, 2004.
The latest holes continue to return gold intercepts confirming that mineralization remains open to extension in all directions, and that the Central Zone has an excellent configuration for potential open pit mining.
----------------------------------------------------------------------Hole No. From (m) To (m) Interval (m) Au g/t--------------------------------------------------------------------------------------------------------------------------------------------DDH 04-05(i) 25 120 95 1.0----------------------------------------------------------------------Includes 25 33 8 1.8----------------------------------------------------------------------and 35 38 3 1.7----------------------------------------------------------------------and 53 55 2 3.7----------------------------------------------------------------------and 64 67 3 3.6----------------------------------------------------------------------and 88 94 6 2.5----------------------------------------------------------------------and 102 104.4 2.4 3.1----------------------------------------------------------------------and 116 120 4 1.5--------------------------------------------------------------------------------------------------------------------------------------------DDH 04-05 165 200 35 1.0----------------------------------------------------------------------Includes 186 191 5 2.3----------------------------------------------------------------------and 197 200 3 1.3--------------------------------------------------------------------------------------------------------------------------------------------DDH 04-06 19.9 31.4 11.5 7.4----------------------------------------------------------------------Includes 24.9 29.1 4.2 11.6---------------------------------------------------------------------- 55.5 60.5 5 2.2Pending 60.5 147.8 - -----------------------------------------------------------------------(i) Assays for interval 25-120 m in DDH 04-05 reportedon 25 August, 2004.
Commenting on the assay results from holes DDH 04-05 and 04-06, Buck Morrow, President, said, "I am pleased that our wide spaced drilling program at the Central Zone continues to give us encouraging results. Gold mineralization remains open at depth as demonstrated by the results at the bottom of hole DDH 04-005 and other previously drilled holes. It also appears we have identified higher-grade gold mineralization to the northwest. We have a lot more work to do, including more drilling, before we can fully assess the potential of the Central Zone."
The remaining assay results from holes 04-07 through 04-10 at the Central Zone are pending, and will be reported when available and confirmed. Additional exploration is continuing at the gold-rich Norra VMS target, following up on previous drill hole BSL 03-005 with 8m averaging 11.02 g/t Au, 91.0 g/t Ag, 3% Copper, and 3.7% zinc, as reported in news release dated January 26, 2004. North American Gold has completed 10 holes at the Norra VMS target and continues to drill.
NI 43-101 Compliance
The 2004 drilling program is being supervised by Harmen Keyser, P.Geol., a qualified person under NI 43-101, who has verified the data disclosed in this release. It is not possible to make a conclusive statement relating sample widths to true widths, as the structural controls on mineralization remain poorly understood. The true width of the interval 19.9 to 31.4m in hole 04-006 will be less than the apparent width. Assays have been performed by Omac Laboratories (ISO 9001:2001) of Loughrea, Ireland using standard fire assay procedures.
Background
North American has an option to acquire a 60% interest in the Norra and Barsele properties from Minmet plc by incurring a total of US $ 3.5 million in exploration expenditures and issuing 400,000 shares to Minmet by November 3, 2006 (see news release November 3, 2003). For more information, please refer to North American's website www.northamgold.com or call Kareen McKinnon toll free at 1 888 627 9378.
ON BEHALF OF THE BOARD Buck Morrow, President NORTH AMERICAN GOLD INC.
The TSX Venture Exchange has not reviewed and does not take responsibility for the accuracy of this release.
North American Gold Inc. (TSX VENTURE:NAU)
SOURCE: North American Gold Inc.
North American Gold Inc. Kareen McKinnon Toll Free: 1-888-627-9378 Website: www.northamgold.com
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