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to acquire a 64% working interest in the Oil, Gas and Liquid Natural Gas rights of SPC's property in PNG. Details of the property and terms of the agreement will be released in subsequent releases. Daulton expects to close on the agreement within ten (10) days.
Volume: 47,636 .18x ask
The Company aims to acquire resource projects and expand exploration while continuing to seek special situations and unique opportunities in under funded projects within the resource sector. When evaluating these opportunities, Daulton Capital keeps its primary focus on growing shareholder value while limiting investment risk. The company also commits itself to being responsible with integrity, trust and respect for all partners and communities involved.
Daulton Capital has negotiated an option agreement on two key Gold Projects located in the Yukon Territory, Canada; the Hunker Project, which is located in the heart of the famous Klondike Placer Gold District, and the Balarat Project, located in the White Gold District. This newly discovered and internationally recognized area is the same district where Underworld Resource's (TSX.UW) recent drill results incepted grades of 103 meters averaging 3.4 g/t Au.
In Papua New Guinea, the company has forged a strategic partnership with James Das, President of South Pacific Connection Ltd., to acquire majority working interest in a major placer property located in the Prince Alexander fault. Richly endowed with gold, copper, oil, natural gas, and other minerals, Papua New Guinea has the third-largest gold reserves in the world. The country also contains four of the largest gold and gold/copper mines in the world.
Both energy related resources such as natural gas and oil as well as precious metals such as gold, silver and copper will play a significant role in the growing demands of the world's economy. Taking into consideration the relative buoyancy of the price of precious metals and energy due to worldwide demand drivers, currency and economic turbulence, the outlook for the price of natural resources is quite favorable as demand continues to increase.
agreed no problem your welcome. this company has alot of potential just matter of time before we see her moving, news has been solid and not to mention the % its been running strong past two months. charts are setting up for something bigger!
richly endowed with gold, copper, oil, natural gas, and other minerals. Government revenues and foreign funds depend heavily on mineral and oil exports. very important here in this situation agreed company has lots to offer us.
Daulton Capital is being presented with a great opportunity to participate in a prolific proven hydrocarbon province, a Commonwealth country with significant international Liquid Natural Gas interests close to the Asian markets that is relatively underexplored.
Volume: 250,308 steadily coming up
with the news we have i think we could see some movement today. lets go DUCP!
Papua New Guinea is richly endowed with gold, copper, oil, natural gas, and other minerals. Government revenues and foreign funds depend heavily on mineral and oil exports. A consortium led by Exxon/Mobil signed a final investment decision in December 2009 to begin the commercialization of the country's estimated 22.5 trillion cubic feet of natural gas reserves through the construction of a liquefied natural gas (LNG) production facility. Interoil, an American-owned firm, opened Papua New Guinea's first oil refinery in 2004 and is also building a second liquefied natural gas production facility which it aims to complete by 2012 with production capacity of 32,500 barrels of product per day.
DUCP
Daulton Capital Announces Letter of Intent to Acquire Oil, Gas and Liquid Natural Gas Rights to Property in Papua New Guinea
LAS VEGAS, NEVADA--(Marketwire - 05/05/11) - Daulton Capital Corp. (OTC.BB:DUCP - News), has signed a Letter of Intent with South Pacific Connection Limited (SPC) of Papau New Guinea (PNG) to acquire a 64% working interest in the Oil, Gas and Liquid Natural Gas rights of SPC's property in PNG. Details of the property and terms of the agreement will be released in subsequent releases. Daulton expects to close on the agreement within ten (10) days.
"We believe this agreement will be in keeping with the corporate philosophy of Daulton to be a project generator with the objective of optioning/joint venturing projects with major and junior natural resource companies through to production" said Terry Fields, CEO. Mr. Fields, further stated, "Daulton Capital is being presented with a great opportunity to participate in a prolific proven hydrocarbon province, a Commonwealth country with significant international Liquid Natural Gas interests close to the Asian markets that is relatively underexplored." PNG is a politically stable country with a rapidly growing infrastructure and stable fiscal system.
Papua New Guinea is richly endowed with gold, copper, oil, natural gas, and other minerals. Government revenues and foreign funds depend heavily on mineral and oil exports. A consortium led by Exxon/Mobil signed a final investment decision in December 2009 to begin the commercialization of the country's estimated 22.5 trillion cubic feet of natural gas reserves through the construction of a liquefied natural gas (LNG) production facility. Interoil, an American-owned firm, opened Papua New Guinea's first oil refinery in 2004 and is also building a second liquefied natural gas production facility which it aims to complete by 2012 with production capacity of 32,500 barrels of product per day.
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the company's current plans and expectations, as well as future results of operations and financial condition. A more extensive listing of risks and factors that may affect the company's business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the company with the Securities and Exchange Commission. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
"We believe this agreement will be in keeping with the corporate philosophy of Daulton to be a project generator with the objective of optioning/joint venturing projects with major and junior natural resource companies through to production" said Terry Fields, CEO. Mr. Fields, further stated, "Daulton Capital is being presented with a great opportunity to participate in a prolific proven hydrocarbon province, a Commonwealth country with significant international Liquid Natural Gas interests close to the Asian markets that is relatively underexplored." PNG is a politically stable country with a rapidly growing infrastructure and stable fiscal system.
.20x.21 on ask 180K volume
DUCP :
news out!
Daulton Capital Announces Letter of Intent to Acquire Oil, Gas and Liquid Natural Gas Rights to Property in Papua New Guinea
LAS VEGAS, NEVADA--(Marketwire - 05/05/11) - Daulton Capital Corp. (OTC.BB:DUCP - News), has signed a Letter of Intent with South Pacific Connection Limited (SPC) of Papau New Guinea (PNG) to acquire a 64% working interest in the Oil, Gas and Liquid Natural Gas rights of SPC's property in PNG. Details of the property and terms of the agreement will be released in subsequent releases. Daulton expects to close on the agreement within ten (10) days.
"We believe this agreement will be in keeping with the corporate philosophy of Daulton to be a project generator with the objective of optioning/joint venturing projects with major and junior natural resource companies through to production" said Terry Fields, CEO. Mr. Fields, further stated, "Daulton Capital is being presented with a great opportunity to participate in a prolific proven hydrocarbon province, a Commonwealth country with significant international Liquid Natural Gas interests close to the Asian markets that is relatively underexplored." PNG is a politically stable country with a rapidly growing infrastructure and stable fiscal system.
Papua New Guinea is richly endowed with gold, copper, oil, natural gas, and other minerals. Government revenues and foreign funds depend heavily on mineral and oil exports. A consortium led by Exxon/Mobil signed a final investment decision in December 2009 to begin the commercialization of the country's estimated 22.5 trillion cubic feet of natural gas reserves through the construction of a liquefied natural gas (LNG) production facility. Interoil, an American-owned firm, opened Papua New Guinea's first oil refinery in 2004 and is also building a second liquefied natural gas production facility which it aims to complete by 2012 with production capacity of 32,500 barrels of product per day.
DUCP :
Daulton Capital Announces Letter of Intent to Acquire Oil, Gas and Liquid Natural Gas Rights to Property in Papua New Guinea
LAS VEGAS, NEVADA--(Marketwire - 05/05/11) - Daulton Capital Corp. (OTC.BB:DUCP - News), has signed a Letter of Intent with South Pacific Connection Limited (SPC) of Papau New Guinea (PNG) to acquire a 64% working interest in the Oil, Gas and Liquid Natural Gas rights of SPC's property in PNG. Details of the property and terms of the agreement will be released in subsequent releases. Daulton expects to close on the agreement within ten (10) days.
"We believe this agreement will be in keeping with the corporate philosophy of Daulton to be a project generator with the objective of optioning/joint venturing projects with major and junior natural resource companies through to production" said Terry Fields, CEO. Mr. Fields, further stated, "Daulton Capital is being presented with a great opportunity to participate in a prolific proven hydrocarbon province, a Commonwealth country with significant international Liquid Natural Gas interests close to the Asian markets that is relatively underexplored." PNG is a politically stable country with a rapidly growing infrastructure and stable fiscal system.
Papua New Guinea is richly endowed with gold, copper, oil, natural gas, and other minerals. Government revenues and foreign funds depend heavily on mineral and oil exports. A consortium led by Exxon/Mobil signed a final investment decision in December 2009 to begin the commercialization of the country's estimated 22.5 trillion cubic feet of natural gas reserves through the construction of a liquefied natural gas (LNG) production facility. Interoil, an American-owned firm, opened Papua New Guinea's first oil refinery in 2004 and is also building a second liquefied natural gas production facility which it aims to complete by 2012 with production capacity of 32,500 barrels of product per day.
Daulton Capital Announces Letter of Intent to Acquire Oil, Gas and Liquid Natural Gas Rights to Property in Papua New Guinea
LAS VEGAS, NEVADA--(Marketwire - 05/05/11) - Daulton Capital Corp. (OTC.BB:DUCP - News), has signed a Letter of Intent with South Pacific Connection Limited (SPC) of Papau New Guinea (PNG) to acquire a 64% working interest in the Oil, Gas and Liquid Natural Gas rights of SPC's property in PNG. Details of the property and terms of the agreement will be released in subsequent releases. Daulton expects to close on the agreement within ten (10) days.
agreed future holds profits, gold and of valuable metals will sky rocket
agreed, we had a strong run! should be long we need patients to see her blow again. Daulton Capital Corp. has acquired 80% working interest in the Wewak Prospect.
agreed i think next PR's could really make a big differents in DUCP, imo
DUCP has potential
LAS VEGAS, NEVADA--(Marketwire - 05/02/11) - Daulton Capital Corp. (OTC.BB:DUCP - News), a gold and precious metals exploration company, is pleased to announce that is has acquired 750,000 hectares (1,853,250 acres) in gold rich Papau New Guinea.
In a strategic partnership with South Pacific Connection Limited (ELA 1857) of Papau New Guinea, Daulton Capital Corp. has acquired 80% working interest in the Wewak Prospect.
The property is located in the world renowned Prince Alexander Mountain Range; known to be a prolific gold producing area with other current operators including Newmont Mining, Barrick Gold, Goldminex, Xstrata, Harmony Gold and Frontier Resources.
Papau New Guinea is strategically located along the Pacific Rim of Fire, the dynamic circum-Pacific volcanic belt that is host to large copper-gold porphyry systems and a number of world-class epithermal gold deposits.
Targets are very high grade epithermal and skarn gold, bulk mineable intrusive related gold and porphyry copper-gold-molybdenum deposits.
Alluvial gold is currently being worked into present day streams from extensive uplifted auriferous palaeogravels. This includes the flanks of the Jurassic metamorphic and intrusive core of the Prince Alexander Mountains. The area's gold is accompanied by traces of platinum in the area with minor primary gold and base metal mineralization associated with hydrothermally altered intrusions. The Prince Alexander Mountains has an extensive history of the locals mining of high distinction alluvial gold for decades.
A spokesperson for Daulton Capital commented, "We are looking forward to working with South Pacific Connection Limited to advance our strategically positioned Wewak Prospect and are anxious to get our work program under way as quickly as possible. Gold continues its upward thrust achieving a 7% gain in April alone, helping make our purchase potentially valuable for our shareholders."
DUCP :
LAS VEGAS, NEVADA--(Marketwire - 05/02/11) - Daulton Capital Corp. (OTC.BB:DUCP - News), a gold and precious metals exploration company, is pleased to announce that is has acquired 750,000 hectares (1,853,250 acres) in gold rich Papau New Guinea.
In a strategic partnership with South Pacific Connection Limited (ELA 1857) of Papau New Guinea, Daulton Capital Corp. has acquired 80% working interest in the Wewak Prospect.
The property is located in the world renowned Prince Alexander Mountain Range; known to be a prolific gold producing area with other current operators including Newmont Mining, Barrick Gold, Goldminex, Xstrata, Harmony Gold and Frontier Resources.
Papau New Guinea is strategically located along the Pacific Rim of Fire, the dynamic circum-Pacific volcanic belt that is host to large copper-gold porphyry systems and a number of world-class epithermal gold deposits.
Targets are very high grade epithermal and skarn gold, bulk mineable intrusive related gold and porphyry copper-gold-molybdenum deposits.
Alluvial gold is currently being worked into present day streams from extensive uplifted auriferous palaeogravels. This includes the flanks of the Jurassic metamorphic and intrusive core of the Prince Alexander Mountains. The area's gold is accompanied by traces of platinum in the area with minor primary gold and base metal mineralization associated with hydrothermally altered intrusions. The Prince Alexander Mountains has an extensive history of the locals mining of high distinction alluvial gold for decades.
A spokesperson for Daulton Capital commented, "We are looking forward to working with South Pacific Connection Limited to advance our strategically positioned Wewak Prospect and are anxious to get our work program under way as quickly as possible. Gold continues its upward thrust achieving a 7% gain in April alone, helping make our purchase potentially valuable for our shareholders."
right now we are negative and in a dip but only two days ago DUCP was up almost 30% with 2Mil volume, thats potential for future. know it will come back up just need patients
Papau New Guinea is strategically located along the Pacific Rim of Fire, the dynamic circum-Pacific volcanic belt that is host to large copper-gold porphyry systems and a number of world-class epithermal gold deposits.
Targets are very high grade epithermal and skarn gold, bulk mineable intrusive related gold and porphyry copper-gold-molybdenum deposits.
agreed most any valuable metals gold silver also platinum.
Gold continues its upward thrust achieving a 7% gain in April alone, helping make our purchase potentially valuable for our shareholders.
The area's gold is accompanied by traces of platinum in the area with minor primary gold and base metal mineralization associated with hydrothermally altered intrusions. The Prince Alexander Mountains has an extensive history of the locals mining of high distinction alluvial gold for decades.
Alluvial gold is currently being worked into present day streams from extensive uplifted auriferous palaeogravels. This includes the flanks of the Jurassic metamorphic and intrusive core of the Prince Alexander Mountains. The area's gold is accompanied by traces of platinum in the area with minor primary gold and base metal mineralization associated with hydrothermally altered intrusions. The Prince Alexander Mountains has an extensive history of the locals mining of high distinction alluvial gold for decades.
coming up steady Volume: 336,001
agreed they will always be around for ever.
Our Mission
DAULTON CAPITAL CORP. (OTCBB: DUCP) is a natural resource finance company focused on precious and base metals as well as oil & gas opportunities. Management's corporate philosophy is to be a Project Generator, with the objective of option/joint venturing projects with major and junior natural resource companies through to production. DAULTON CAPITAL has formed an experienced management team with the ability to take advantage of the tremendous opportunities that are available in the natural resource sector today. Our focus will be to acquire resource projects, expand exploration while continuing to seek special situations and unique opportunities in under funded projects within the resource sector.
plus they have years of experience, Daulton has acquired 80% working interest in 750,000 contiguous hectares of a gold exploration property in PNG. The Prince Alexander Mountain Range has been explored for decades and has been acquired by a local South Pacific connection Limited (James Das) in partnership with Daulton Capital. Daulton Capital looks forward to the future and the opportunity presented with South Pacific Connection Limited of Papau New Guinea.
agreed not to late DUCP has solid potential!
In a strategic partnership with South Pacific Connection Limited (ELA 1857) of Papau New Guinea, Daulton Capital Corp. has acquired 80% working interest in the Wewak Prospect
big interests in this 80% huge percentage.
volume is picking up a bit. Volume: 259,911
the indication is that the claim block is covering the edge of a magnetic high that is running along a north east trending structure. Management concurs that this information is a reflection of the findings at Underworlds White Gold – Golden Saddle project which is sitting on the edge of a magnetic high anomaly where the mineralization is trending in a north east direction. The Balarat Project covers a 98% percentile gold silt anomaly for the Thistle camp Area. This is the same intensity of gold silt anomaly draining Underworld White Gold zone.
gold is a big big factor in the United States, 21% is huge in the market!
Share Structure
Shares Outstanding 59,733,334 a/o Jan 31, 2011
Float: 34,130,000 (from Yahoo! Finance), company website has 28,800,000
Authorized Shares 200,000,000 a/o Jan 31, 2011
been holding strong.
A spokesperson for Daulton Capital commented, "We are looking forward to working with South Pacific Connection Limited to advance our strategically positioned Wewak Prospect and are anxious to get our work program under way as quickly as possible. Gold continues its upward thrust achieving a 7% gain in April alone, helping make our purchase potentially valuable for our shareholders."
yeah DUCP has lots to offer us, great potential just took a lil dip even better to get the cheapies, but from the looks of the chart i think we can see her run with no problems just like yesterday, simply need good PRs and we are set.