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TYTN NEWS... Major Chinese Tractor Factory Requests Visit to Tytan International
Date : 08/24/2011 @ 9:00AM
Source : MarketWire
Stock : Tytan Holdings Inc. (TYTN)
Quote : 0.0012 0.0 (0.00%) @ 8:09AM
Major Chinese Tractor Factory Requests Visit to Tytan International
print
Tytan Holdings (PC) (USOTC:TYTN)
Intraday Stock Chart
Today : Wednesday 24 August 2011
Tytan Holdings, Inc. ("the Company,") (PINKSHEETS: TYTN), is proud to announce that it will be hosting a delegation from one of the largest tractor factories in China that includes two Vice Presidents and a General Manager. This factory, which employs over 30,000, has requested the Company to host its top level management team in mid September 2011.
They have disclosed that their intent of this long journey is to "increase our mutually beneficial relationship" with Tytan. Discussions will include New Products and Marketing strategies on this side of the Pacific.
"I have a 20 year relationship based on trust with these guys," said Mark Leonard, adding, "I'm honored to have them visit us after all these years."
The company views this event as a grand gesture on behalf of this major factory and out of respect for their privacy will not be releasing their identity. "It is customary when discussing international trade secrets to adhere to this policy," stated Leonard. "We believe that this visit will sow the seeds necessary to take Tytan up to and beyond the level we achieved together with Rhino. That is their goal... and mine."
The Company will provide the dignitaries with the best hospitality the great Northwest has to offer including tours, farming demonstrations, meeting local officials and a reception hosted by some of Tytan's key dealers. Meetings will be dedicated to sales discussions, planning, design sessions, negotiations and camaraderie based on 20 years of working together. Tytan will be the only tractor company they will be visiting while in the U.S.
"I met with these people in my last trip to China and this is an important meeting," said Leonard. "Keep an eye on the website for updates and pictures."
EMLL NEWS...El Maniel International, Inc Announces Assay Results
NEW YORK, Aug 22, 2011 (GlobeNewswire via COMTEX) -- El Maniel International Inc (Pink Sheets:EMLL) announces assay results of alluvial gold samples extracted from the project site situated in Enga Province, Papua New Guinea (PNG) during our recent exploration visit. "We are absolutely thrilled about the results of our sampling which exceeds our initial expectations as the assay report indicates high quality of gold with a purity of 76.97% from the first batch of alluvial gold samples" according to Jamie Khoo, CEO of El Maniel International, Inc "High quality of gold means higher revenues which translates into higher profitability and we have achieved a significant milestone with these promising results as we were successful in proving the project site as an exciting mining asset as the assay results also support our belief that this project has a gold-rich geological formation with the potential of becoming a world-class alluvial gold producing mine in the very near future"
The assay report with serial number 10943 which is currently being exhibited in our corporate website www.elmaniel.com through a webcast update was done by an ISO certified assaying office. "The assay results reinforced our decision to accelerate pilot operations as the first step in bringing gold to the market in the soonest instance in order to capitalize on the golden opportunity to increase top-line revenues as well as bottom-line profits in view of soaring gold prices to record levels which many believe will go beyond $2,000 an ounce in the near future" added Jamie Khoo "Our experienced mining crew is all set for departure to PNG to initialize the preliminary preparations and gathering of resources as we continue our focus in the market-proof gold business domain which we believe will deliver robust growth and progress along with stellar financial performance to the Company". More information will be released to further update our valued shareholders on the progress and developments of our activities in the gold business domain. Stay tuned to www.elmaniel.com
El Maniel International Inc is a publicly traded company currently focusing in the gold business domain including but not limited to trading, prospecting, developing and expanding the economic potential of its world class mining claims and the company is committed in creating shareholder's value by ensuring constant development of current and new resources in its global gold business domain. Visit us at www.elmaniel.com
"SAFE HARBOR" STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: The statements contained in this release which are not historical facts are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. These risks and uncertainties include the Company's entry into new commercial businesses, the risk of obtaining financing, recruiting and retaining qualified personnel, and other risks described in the Company's Securities and Exchange Commission filings. The forward-looking statements in this press release speak only as of the date hereof, and the Company disclaims any obligation to provide updates, revisions or amendments to any forward-looking statement to reflect changes in the Company's expectations or future events.
This news release was distributed by GlobeNewswire, www.globenewswire.com
SOURCE: El Maniel International, Inc.
By Staff
CONTACT: CONTACT: Investor Relations
El Maniel International, Inc
(212) 726-2179
ir@elmaniel.com
TYTN NEWS... Tytan International Announces Arrival of 304 Mini Tractors
Date : 08/15/2011 @ 11:48AM
Source : MarketWire
Stock : Tytan Holdings, Inc. (TYTN)
Quote : 0.0013 0.0001 (8.33%) @ 11:59AM
Tytan International Announces Arrival of 304 Mini Tractors
print
Tytan Holdings (PC) (USOTC:TYTN)
Intraday Stock Chart
Today : Monday 15 August 2011
Tytan Holdings, Inc. ("the Company") (PINKSHEETS: TYTN) is pleased to announce the arrival of the all new 304 Tytan Minis. Customers have waited patiently for the small, compact tractor to arrive from the manufacturer in China. The latest addition to Tytan's long line of Tractors and Implements boasts a durable 30hp Diesel Engine, dual PTO speeds and an EZ Fill rear fuel tank. It also features:
All steel construction
A newly designed, telescopic all-weather canopy/rollover protection system
A truck-type stinger hitch system
Greater weight than the aluminum competitors and 12.5" Wide tires for superior traction
Factory installed, remote hydraulic ports supported by an unmatched hydraulic oil cooling system
The 4-in-1 bucket is extremely versatile and attaches easily to the boom style front that reaches further eliminating hood spills
A steering column mounted high/low lever which keeps the driver's eye on his work
And an industry leading 5 year Engine Warranty
All this and more for only $11,995
Customers are encouraged to visit the website at http://www.tytantractor.com/ and call the showroom to arrange your own test drive.
In other news, the Company is pleased to announce that it has filed its Q2 Report with OTCMarkets.com in a timely manner. "We are thrilled to report a profit this quarter without the benefit of our exciting new products," said CEO Mark Leonard, adding, "Now that they are in our showroom, I expect the sales of the new products to improve our bottom line even more. Stay tuned to our website for the latest arrivals."
The Quarterly report can be seen at: http://www.otcmarkets.com/stock/TYTN/financials
Company Website and Safe Harbor Statement:
www.tytantractor.com
Company Contact:
Tytan Holdings, Inc.
TYTN NEWS... Tytan International Announces Arrival of 304 Mini Tractors
Date : 08/15/2011 @ 11:48AM
Source : MarketWire
Stock : Tytan Holdings, Inc. (TYTN)
Quote : 0.0013 0.0001 (8.33%) @ 11:59AM
Tytan International Announces Arrival of 304 Mini Tractors
print
Tytan Holdings (PC) (USOTC:TYTN)
Intraday Stock Chart
Today : Monday 15 August 2011
Tytan Holdings, Inc. ("the Company") (PINKSHEETS: TYTN) is pleased to announce the arrival of the all new 304 Tytan Minis. Customers have waited patiently for the small, compact tractor to arrive from the manufacturer in China. The latest addition to Tytan's long line of Tractors and Implements boasts a durable 30hp Diesel Engine, dual PTO speeds and an EZ Fill rear fuel tank. It also features:
All steel construction
A newly designed, telescopic all-weather canopy/rollover protection system
A truck-type stinger hitch system
Greater weight than the aluminum competitors and 12.5" Wide tires for superior traction
Factory installed, remote hydraulic ports supported by an unmatched hydraulic oil cooling system
The 4-in-1 bucket is extremely versatile and attaches easily to the boom style front that reaches further eliminating hood spills
A steering column mounted high/low lever which keeps the driver's eye on his work
And an industry leading 5 year Engine Warranty
All this and more for only $11,995
Customers are encouraged to visit the website at http://www.tytantractor.com/ and call the showroom to arrange your own test drive.
In other news, the Company is pleased to announce that it has filed its Q2 Report with OTCMarkets.com in a timely manner. "We are thrilled to report a profit this quarter without the benefit of our exciting new products," said CEO Mark Leonard, adding, "Now that they are in our showroom, I expect the sales of the new products to improve our bottom line even more. Stay tuned to our website for the latest arrivals."
The Quarterly report can be seen at: http://www.otcmarkets.com/stock/TYTN/financials
Company Website and Safe Harbor Statement:
www.tytantractor.com
Company Contact:
Tytan Holdings, Inc.
CGFIA NEWS... Colorado Goldfields Inc. Completes First Steps of $400,000 Tailings Pond Reclamation
Gold Stocks
LAKEWOOD, CO, Aug 09, 2011 (MARKETWIRE via COMTEX) -- Colorado Goldfields Inc. (OTCQB: CGFIA) (PINKSHEETS: CGFIA) announced today that the Company has completed the first two tasks of Technical Revision 11, which specifies the complete reclamation of the Company's old tailings ponds. The entire reclamation project is estimated to be $400,000, which is currently part of the Company's financial warranty with the State of Colorado. Upon the Company's completion of the entire reclamation, the financial warranty will be returned.
"This revision, which was approved on June 27, 2011, lifts us out of the problems of the past and moves the Company a significant step forward toward Mill re-activation," stated C. Stephen Guyer, CFO of Colorado Goldfields.
The first task of TR-11 addressed the closure of test pits. In early summer 2010, six test pits were excavated in the upper and lower tailings pond areas for the purpose of obtaining information necessary to evaluate and prepare engineering designs for the potential deposition of additional mill tailings in this area. The two test pits in the lower tailings pond area were excavated to determine perched water levels relative to the mine dump rock that was placed in the southern portion of the lower tailings pond.
In order to prevent the possibility of cross-contamination between natural ground water and "perched" water in the tailings sands, the Company has: 1) re-excavated each pit to its lowest known depth, 2) filled each pit with six inches of hydrated lime and tailings sand, 3) filled each pit with at least 12 inches of bentonite and tailings sand, and 4) each pit has been filled to the original elevation with compacted tailings sand taken from the material excavated from each particular pit.
The second task was to close geotechnical drill holes. Two geotechnical holes were drilled in the east berm of the upper tailings pond area in July 2010 to obtain information necessary to evaluate foundation conditions and prepare engineering designs for the potential deposition of additional mill tailings in this area. These holes were: 1) re-collared and drilled to ten feet depth with hollow stem augers, 2) a grout/bentonite slurry was placed into each hole as the drill string was pulled out to seal the holes and prevent potential cross-contamination of ground water resources.
Gold stocks
About Colorado Goldfields Inc. Colorado Goldfields Inc. (OTCQB: CGFIA) (http://www.cologold.com) is a Denver-based junior exploration and mining company primarily exploring for gold and silver. Our seasoned management team targets historic gold camps with strong potential for multiple deposit discoveries. Currently, our business model in Colorado provides an outstanding combination of former producing properties with excellent exploration and production potential and a currently inactive, modern, up to 700 ton per day capacity mill facility to allow for an attractive short-term production time frame. We expect that this strategic plan will allow Colorado Goldfields to reach its goal of profitability, potentially within the next 18 months.
The Company has made available a current CGFIA Fact Sheet in PDF format at http://www.cologold.com/uploads/CGFIFactSheet.pdf.
Notice regarding forward-looking statements This news release may contain forward-looking statements or information within the meaning of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements or information includes statements regarding the expectations and beliefs of management. Forward-looking statements or information include, but are not limited to, statements or information with respect to known or unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Forward-looking statements or information are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements or information, including, without limitation, risks and uncertainties relating to obtaining financing to meet the Company's exploration program and operating costs during its exploratory stage, the interpretation of exploration results and the estimation of mineral resources and reserves, the geology, grade and continuity of mineral deposits, the possibility that future exploration, development or mining results will not be consistent with the Company's expectations, accidents, equipment breakdowns, title matters, or other unanticipated difficulties with or interruptions in production and operations, the potential for delays in exploration or development activities or the completion of feasibility studies, the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses, commodity price fluctuations, currency fluctuations, regulatory restrictions, including the inability to obtain mining permits and environmental regulatory restrictions and liability, the speculative nature of mineral exploration, dilution, competition, loss of key employees, and other risks and uncertainties, including those described under "Risk Factors" in the Company's Annual Report on Form 10-KSB filed on December 27, 2007, and as amended on March 3, 2008, which is on file with the Securities and Exchange Commission, as well as the Company's other SEC filings. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information. The Company does not undertake any obligation to release publicly revisions to any "forward-looking statement," to reflect events or circumstances after the date of this news release, or to reflect the occurrence of unanticipated events, except as is required under applicable securities laws.
Cautionary note to U.S. Investors -- The United States Securities and Exchange Commission permits U.S. mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We use certain terms on this website (or press release), such as "measured," "indicated," and "inferred" "resources," which the SEC guidelines strictly prohibit U.S. registered companies from including in their filings with the SEC. U.S. Investors are urged to consider closely the disclosures in our 10-KSB which may be secured from us, or from the SEC's website at http://www.sec.gov/edgar.shtml. This press release may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. Investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties.
Contact:
Investor Relations
Colorado Goldfields Inc.
866-579-9444 or 303-984-0524
http://www.cologold.com
SOURCE: Colorado Goldfields Inc.
CONTACT: http://www.cologold.com
Copyright 2011 Marketwire, Inc., All rights reserved.
VGPR NEWS... Vega Biofuels Provides Engineering Update for Georgia Bio-Coal Plant
Date : 08/08/2011 @ 8:30AM
Source : PR Newswire
Stock : Vega Biofuels (PL) (VGPR)
Quote : 0.0002 0.0 (0.00%) @ 7:34AM
Vega Biofuels Provides Engineering Update for Georgia Bio-Coal Plant
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Vega Biofuels (PL) (USOTC:VGPR)
Intraday Stock Chart
Today : Monday 8 August 2011
VEGA BIOFUELS, INC. (Pink Sheets: VGPR) provides the following update for the Company's Bio-Coal plant to be located in Cordele, Georgia.
The Company recently announced that it had entered into an Agreement with engineering firm, Hunt, Guillot & Associates (HGA). As announced, HGA will provide various services to Vega including plant design, project management, equipment installation, and engineering services.
"We are currently working with HGA on the design, construction, and implementation of the manufacturing facility," stated Michael K. Molen, Chairman/CEO of Vega Biofuels, Inc. "Now that HGA is fully engaged, and once they complete the feasibility study, they will provide us with preliminary plant drawings that among other things, will lay out the plot, motor list, and topo maps for the project. We look forward to completing this process so we can begin the installation and construction of the plant. We have received tremendous support from the local area. We will have more information about the project as we move forward."
HGA's engineers have extensive industrial experience in a variety of fields including chemical process engineering, mechanical engineering, piping design electrical engineering, instrumentation, control system integration, civil engineering, and structural design. In addition to engineering services, HGA will assist Vega with staffing the South Georgia facility.
When completed, the Company's manufacturing plant will produce green energy bio-coal for use in existing coal fired power plants around the world.
Bio-coal is made from a process called "torrefaction". Torrefaction is a partial carbonization process that takes place at temperatures between 475 - 575 degrees in a low temperature environment which makes the physical and energetic properties of the biomass much more comparable to traditional coal. The biomass is then compressed into briquettes to be sold to the end user. Torrefaction has the added benefit of reducing or eliminating undesirable volatiles, such as nitrous oxides and sulfur dioxides and is considered carbon neutral to the environment.
About HGA:
Hunt, Guillot & Associates, LLC (HGA) is a multi-disciplined project management and engineering services company providing cost-effective projects and services to a wide range of industrial, commercial, public, and private customers.
Since the company's founding in 1997 to serve the forest products industry, HGA has grown to a staff of over 200 multi-disciplined engineers and project managers, and has provided its customers with project management and engineering services in over 23 US states and two Canadian provinces. HGA has significant experience with a variety of projects ranging from upgrading existing plants to designing grass-roots facilities with budgets of over $250MM in total installed cost. HGA is now involved in several major industries including natural gas, refineries, wood products, bio-fuels, specialty chemicals, public works, commercial and private development, and pulp and paper.
HGA's principal personnel are engineers with extensive industrial experience. Many have over 30 years of experience in a variety of fields including chemical process engineering, mechanical engineering, piping design, electrical engineering, instrumentation, control system integration, civil engineering, and structural design. HGA associates include engineers with professional registration in all major disciplines and multiple states.
For more information about Vega: www.vegabiofuels.com
For more information about HGA: www.hga-llc.com
Certain statements in this release constitute forward-looking statements or statements which may be deemed or construed to be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words "forecast," "plan," "project," "intend," "expect," "should," "would," and similar expressions and all statements, which are not historical facts, are intended to identify forward-looking statements. These forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance (finance or operating) or achievements to differ from future results, performance (financing and operating) or achievements expressed or implied by such forward-looking statements.
CONTACT: Vega Biofuels, Inc.: 800-481-0186
SOURCE Vega Biofuels, Inc.
VGPR NEWS... Vega Biofuels Provides Engineering Update for Georgia Bio-Coal Plant
Date : 08/08/2011 @ 8:30AM
Source : PR Newswire
Stock : Vega Biofuels (PL) (VGPR)
Quote : 0.0002 0.0 (0.00%) @ 7:34AM
Vega Biofuels Provides Engineering Update for Georgia Bio-Coal Plant
print
Vega Biofuels (PL) (USOTC:VGPR)
Intraday Stock Chart
Today : Monday 8 August 2011
VEGA BIOFUELS, INC. (Pink Sheets: VGPR) provides the following update for the Company's Bio-Coal plant to be located in Cordele, Georgia.
The Company recently announced that it had entered into an Agreement with engineering firm, Hunt, Guillot & Associates (HGA). As announced, HGA will provide various services to Vega including plant design, project management, equipment installation, and engineering services.
"We are currently working with HGA on the design, construction, and implementation of the manufacturing facility," stated Michael K. Molen, Chairman/CEO of Vega Biofuels, Inc. "Now that HGA is fully engaged, and once they complete the feasibility study, they will provide us with preliminary plant drawings that among other things, will lay out the plot, motor list, and topo maps for the project. We look forward to completing this process so we can begin the installation and construction of the plant. We have received tremendous support from the local area. We will have more information about the project as we move forward."
HGA's engineers have extensive industrial experience in a variety of fields including chemical process engineering, mechanical engineering, piping design electrical engineering, instrumentation, control system integration, civil engineering, and structural design. In addition to engineering services, HGA will assist Vega with staffing the South Georgia facility.
When completed, the Company's manufacturing plant will produce green energy bio-coal for use in existing coal fired power plants around the world.
Bio-coal is made from a process called "torrefaction". Torrefaction is a partial carbonization process that takes place at temperatures between 475 - 575 degrees in a low temperature environment which makes the physical and energetic properties of the biomass much more comparable to traditional coal. The biomass is then compressed into briquettes to be sold to the end user. Torrefaction has the added benefit of reducing or eliminating undesirable volatiles, such as nitrous oxides and sulfur dioxides and is considered carbon neutral to the environment.
About HGA:
Hunt, Guillot & Associates, LLC (HGA) is a multi-disciplined project management and engineering services company providing cost-effective projects and services to a wide range of industrial, commercial, public, and private customers.
Since the company's founding in 1997 to serve the forest products industry, HGA has grown to a staff of over 200 multi-disciplined engineers and project managers, and has provided its customers with project management and engineering services in over 23 US states and two Canadian provinces. HGA has significant experience with a variety of projects ranging from upgrading existing plants to designing grass-roots facilities with budgets of over $250MM in total installed cost. HGA is now involved in several major industries including natural gas, refineries, wood products, bio-fuels, specialty chemicals, public works, commercial and private development, and pulp and paper.
HGA's principal personnel are engineers with extensive industrial experience. Many have over 30 years of experience in a variety of fields including chemical process engineering, mechanical engineering, piping design, electrical engineering, instrumentation, control system integration, civil engineering, and structural design. HGA associates include engineers with professional registration in all major disciplines and multiple states.
For more information about Vega: www.vegabiofuels.com
For more information about HGA: www.hga-llc.com
Certain statements in this release constitute forward-looking statements or statements which may be deemed or construed to be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words "forecast," "plan," "project," "intend," "expect," "should," "would," and similar expressions and all statements, which are not historical facts, are intended to identify forward-looking statements. These forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance (finance or operating) or achievements to differ from future results, performance (financing and operating) or achievements expressed or implied by such forward-looking statements.
CONTACT: Vega Biofuels, Inc.: 800-481-0186
SOURCE Vega Biofuels, Inc.
EMLL NEWS... El Maniel International, Inc Announces Accelerated Plans for Pilot Operations
Date : 08/08/2011 @ 8:22AM
Source : GlobeNewswire Inc.
Stock : El Maniel International, Inc. (EMLL)
Quote : 0.0006 0.0 (0.00%) @ 8:04AM
El Maniel International, Inc Announces Accelerated Plans for Pilot Operations
print
El Maniel Intl (PC) (USOTC:EMLL)
Intraday Stock Chart
Today : Monday 8 August 2011
El Maniel International Inc (Pink Sheets:EMLL) announced today its accelerated plans for preliminary operations in Papua New Guinea (PNG) "We are thrilled with the progress of our venture in PNG and we are currently gearing up to commence alluvial gold mining operations much earlier than previously planned and we are expecting to initialize pilot operations in about 60 days or sooner" according to Jamie Khoo, CEO of El Maniel International, Inc "We are planning for accelerated pilot operations by putting together a two-channels sluice system to initiate alluvial gold mining operations like the one shown in our August 2011 webcast until the arrival of our alluvial gold mining equipments". The August 2011 webcast is currently available via www.elmaniel.com
The two-channels sluice system for recovery of alluvial gold concentrate is a long through where water flows to wash auriferous earth "Although this system appears to be less sophisticated compared to the trommel wash plant, we believe that it will be adequate for us to kick start as well as to produce in the region of 300 ounces to 350 ounces of alluvial gold per month for the initial months of preliminary operations and we will ramp up production accordingly when we initialize mechanized alluvial mining operations upon arrival of our alluvial mining equipments" stated Jamie Khoo "The initial pilot operations are expected to generate additional top-line revenues in the region of $500,000 per month which will also be reflected in our next fiscal quarter financials".
"In effort towards transparency, when our pilot mining operations are up and running, we would like to invite our valued shareholders out to an open house to give all investors a chance to witness the company's operations and gold production as well as to meet the management of El Maniel International" added Jamie Khoo. Stay tuned to www.elmaniel.com for more updates.
El Maniel International Inc is a publicly traded company currently focusing in the gold business domain including but not limited to trading, prospecting, developing and expanding the economic potential of its world class mining claims and the company is committed in creating shareholder's value by ensuring constant development of current and new resources in its global gold business domain.
"SAFE HARBOR" STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: The statements contained in this release which are not historical facts are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. These risks and uncertainties include the Company's entry into new commercial businesses, the risk of obtaining financing, recruiting and retaining qualified personnel, and other risks described in the Company's Securities and Exchange Commission filings. The forward-looking statements in this press release speak only as of the date hereof, and the Company disclaims any obligation to provide updates, revisions or amendments to any forward-looking statement to reflect changes in the Company's expectations or future events.
CONTACT: Investor Relations
El Maniel International, Inc
(212) 726-2179
ir@elmaniel.com
EMLL NEWS... El Maniel International, Inc Announces Accelerated Plans for Pilot Operations
Date : 08/08/2011 @ 8:22AM
Source : GlobeNewswire Inc.
Stock : El Maniel International, Inc. (EMLL)
Quote : 0.0006 0.0 (0.00%) @ 8:04AM
El Maniel International, Inc Announces Accelerated Plans for Pilot Operations
print
El Maniel Intl (PC) (USOTC:EMLL)
Intraday Stock Chart
Today : Monday 8 August 2011
El Maniel International Inc (Pink Sheets:EMLL) announced today its accelerated plans for preliminary operations in Papua New Guinea (PNG) "We are thrilled with the progress of our venture in PNG and we are currently gearing up to commence alluvial gold mining operations much earlier than previously planned and we are expecting to initialize pilot operations in about 60 days or sooner" according to Jamie Khoo, CEO of El Maniel International, Inc "We are planning for accelerated pilot operations by putting together a two-channels sluice system to initiate alluvial gold mining operations like the one shown in our August 2011 webcast until the arrival of our alluvial gold mining equipments". The August 2011 webcast is currently available via www.elmaniel.com
The two-channels sluice system for recovery of alluvial gold concentrate is a long through where water flows to wash auriferous earth "Although this system appears to be less sophisticated compared to the trommel wash plant, we believe that it will be adequate for us to kick start as well as to produce in the region of 300 ounces to 350 ounces of alluvial gold per month for the initial months of preliminary operations and we will ramp up production accordingly when we initialize mechanized alluvial mining operations upon arrival of our alluvial mining equipments" stated Jamie Khoo "The initial pilot operations are expected to generate additional top-line revenues in the region of $500,000 per month which will also be reflected in our next fiscal quarter financials".
"In effort towards transparency, when our pilot mining operations are up and running, we would like to invite our valued shareholders out to an open house to give all investors a chance to witness the company's operations and gold production as well as to meet the management of El Maniel International" added Jamie Khoo. Stay tuned to www.elmaniel.com for more updates.
El Maniel International Inc is a publicly traded company currently focusing in the gold business domain including but not limited to trading, prospecting, developing and expanding the economic potential of its world class mining claims and the company is committed in creating shareholder's value by ensuring constant development of current and new resources in its global gold business domain.
"SAFE HARBOR" STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: The statements contained in this release which are not historical facts are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. These risks and uncertainties include the Company's entry into new commercial businesses, the risk of obtaining financing, recruiting and retaining qualified personnel, and other risks described in the Company's Securities and Exchange Commission filings. The forward-looking statements in this press release speak only as of the date hereof, and the Company disclaims any obligation to provide updates, revisions or amendments to any forward-looking statement to reflect changes in the Company's expectations or future events.
CONTACT: Investor Relations
El Maniel International, Inc
(212) 726-2179
ir@elmaniel.com
CGFIA NEWS... Colorado Goldfields Inc. Completes Geotechnical Drilling; Engages Expert With Over $500 Million in Revenue From Completed Projects in 2010, for Dry Stack Tailings Detail Design
Gold Stocks
LAKEWOOD, CO, Aug 03, 2011 (MARKETWIRE via COMTEX) -- Colorado Goldfields Inc. (OTCQB: CGFIA) (PINKSHEETS: CGFIA) announces today that is has completed over 600 feet of geotechnical drilling at the planned 35 acre dry stack tailings repository. Detailed engineering data from material testing and drilling logs of the holes will provide information necessary to ensure the design of a stable facility for permanent storage of mill tailings from the Pride of the West Mill.
The project was conducted by Trautner Geotech LLC. of Durango, Colorado under the supervision of David Trautner, a Registered Professional Engineer in Colorado. Mr. Trautner is an engineering geologist/geotechnical engineer who has been involved in the engineering and construction disciplines in Durango since 1983. His specialty is geologic hazard assessments on sites where development is planned, applying the potential influence of geologic processes and hazards as outlined in Colorado House Bill 1041 among other regulations.
Auger test borings will include a Standard Penetration Test ("SPT") every 5 feet. SPT testing involves driving a standard thick-walled sample tube into the ground at the bottom of a borehole by blows from a slide hammer with standard weight and falling distance. The number of blows needed for the tube to penetrate each 6 inch interval of an 18 inch span is recorded. The sum of the number of blows required for the second and third 6 inches of penetration is reported as "SPT blow count value," commonly termed "standard penetration resistance" or the "N-value." This is how sub-surface stability is measured to ensure safe containment of tailings. Soil samples will be tested in a laboratory to gather the additional data for the design of the dry stack repository.
The work is being conducted under a permit approved by the Colorado Division of Reclamation, Mining and Safety. All of the drill holes will be closed and sealed in accordance with State of Colorado procedures that will protect ground water resources.
Now that the geotechnical drilling is complete, the Company has engaged Allan J. Breitenbach, Senior Geotechnical Engineer and Engineering Geologist, of Ausenco/Vector to construct the detail design of the dry stack tailings repository. Ausenco/Vector is a world leader in geotechnical geomechanical, and geological engineering. Analysis of soil conditions and behaviors are fundamental to any facility performance, and is the main focus of Colorado Goldfields' dry stack repository. Geotechnical characterization, analysis and design are the core of Ausenco Vector's capabilities. Decades of expertise extends to the following areas: Site characterization, Facility siting studies, Physical test work programs, Seismic risk analysis, Earthquake engineering, Engineering and design, Ground support -- open pit and underground, Tunnel and deep, and excavation design. Ausenco Vector's fully accredited north American laboratory is available 24/7 to ensure the fastest possible project completion.
Specifically, project manager Mr. Breitenbach has over 37 years of project experience in site investigations, site selection, design, construction and reclamation of engineered structures in the field of geotechnical engineering and engineering geology. He has been involved in the engineering design and construction of more than 100 earth/rock water storage and tailings dam projects, 120 heap leach and evaporation pond projects, numerous gypsum stacks/waste rock piles, and foundations for power plants, industrial buildings, pipelines and bridges in North, Central and South America, as well as in Eastern Europe, Asia and Africa. Mr. Breitenbach is a professional engineer registered in 9 states in the USA and has published more than 50 technical papers on rock fill and heap leach design, construction and prevention of failures.
This design will be the key component of Colorado Goldfields' permit amendment to be submitted to the Colorado Division of Reclamation, Mining and Safety.
In addition to completing the geotechnical drilling on the dry stack repository, the Company has begun work to replace existing underground water lines at the mill site proper. The underground lines supply water from the Water Storage Tank to: 1) Office Building, 2) Mill Building, 3) Laboratory Building, and 4) Residential House.
Gold stocks
About Colorado Goldfields Inc. Colorado Goldfields Inc. (OTCQB: CGFIA) (http://www.cologold.com) is a Denver-based junior exploration and mining company primarily exploring for gold and silver. Our seasoned management team targets historic gold camps with strong potential for multiple deposit discoveries. Currently, our business model in Colorado provides an outstanding combination of former producing properties with excellent exploration and production potential and a currently inactive, modern, up to 700 ton per day capacity mill facility to allow for an attractive short-term production time frame. We expect that this strategic plan will allow Colorado Goldfields to reach its goal of profitability, potentially within the next 18 months.
The Company has made available a current CGFIA Fact Sheet in PDF format at http://www.cologold.com/uploads/CGFIFactSheet.pdf.
Notice regarding forward-looking statements This news release may contain forward-looking statements or information within the meaning of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements or information includes statements regarding the expectations and beliefs of management. Forward-looking statements or information include, but are not limited to, statements or information with respect to known or unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Forward-looking statements or information are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements or information, including, without limitation, risks and uncertainties relating to obtaining financing to meet the Company's exploration program and operating costs during its exploratory stage, the interpretation of exploration results and the estimation of mineral resources and reserves, the geology, grade and continuity of mineral deposits, the possibility that future exploration, development or mining results will not be consistent with the Company's expectations, accidents, equipment breakdowns, title matters, or other unanticipated difficulties with or interruptions in production and operations, the potential for delays in exploration or development activities or the completion of feasibility studies, the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses, commodity price fluctuations, currency fluctuations, regulatory restrictions, including the inability to obtain mining permits and environmental regulatory restrictions and liability, the speculative nature of mineral exploration, dilution, competition, loss of key employees, and other risks and uncertainties, including those described under "Risk Factors" in the Company's Annual Report on Form 10-KSB filed on December 27, 2007, and as amended on March 3, 2008, which is on file with the Securities and Exchange Commission, as well as the Company's other SEC filings. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information. The Company does not undertake any obligation to release publicly revisions to any "forward-looking statement," to reflect events or circumstances after the date of this news release, or to reflect the occurrence of unanticipated events, except as is required under applicable securities laws.
Cautionary note to U.S. Investors -- The United States Securities and Exchange Commission permits U.S. mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We use certain terms on this website (or press release), such as "measured," "indicated," and "inferred" "resources," which the SEC guidelines strictly prohibit U.S. registered companies from including in their filings with the SEC. U.S. Investors are urged to consider closely the disclosures in our 10-KSB which may be secured from us, or from the SEC's website at http://www.sec.gov/edgar.shtml. This press release may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. Investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties.
Contact:
Investor Relations
Colorado Goldfields Inc.
866-579-9444 or 303-984-0524
http://www.cologold.com
SOURCE: Colorado Goldfields Inc.
CONTACT: http://www.cologold.com/
Copyright 2011 Marketwire, Inc., All rights reserved.
CGFIA NEWS... Colorado Goldfields Inc. Completes Geotechnical Drilling; Engages Expert With Over $500 Million in Revenue From Completed Projects in 2010, for Dry Stack Tailings Detail Design
Gold Stocks
LAKEWOOD, CO, Aug 03, 2011 (MARKETWIRE via COMTEX) -- Colorado Goldfields Inc. (OTCQB: CGFIA) (PINKSHEETS: CGFIA) announces today that is has completed over 600 feet of geotechnical drilling at the planned 35 acre dry stack tailings repository. Detailed engineering data from material testing and drilling logs of the holes will provide information necessary to ensure the design of a stable facility for permanent storage of mill tailings from the Pride of the West Mill.
The project was conducted by Trautner Geotech LLC. of Durango, Colorado under the supervision of David Trautner, a Registered Professional Engineer in Colorado. Mr. Trautner is an engineering geologist/geotechnical engineer who has been involved in the engineering and construction disciplines in Durango since 1983. His specialty is geologic hazard assessments on sites where development is planned, applying the potential influence of geologic processes and hazards as outlined in Colorado House Bill 1041 among other regulations.
Auger test borings will include a Standard Penetration Test ("SPT") every 5 feet. SPT testing involves driving a standard thick-walled sample tube into the ground at the bottom of a borehole by blows from a slide hammer with standard weight and falling distance. The number of blows needed for the tube to penetrate each 6 inch interval of an 18 inch span is recorded. The sum of the number of blows required for the second and third 6 inches of penetration is reported as "SPT blow count value," commonly termed "standard penetration resistance" or the "N-value." This is how sub-surface stability is measured to ensure safe containment of tailings. Soil samples will be tested in a laboratory to gather the additional data for the design of the dry stack repository.
The work is being conducted under a permit approved by the Colorado Division of Reclamation, Mining and Safety. All of the drill holes will be closed and sealed in accordance with State of Colorado procedures that will protect ground water resources.
Now that the geotechnical drilling is complete, the Company has engaged Allan J. Breitenbach, Senior Geotechnical Engineer and Engineering Geologist, of Ausenco/Vector to construct the detail design of the dry stack tailings repository. Ausenco/Vector is a world leader in geotechnical geomechanical, and geological engineering. Analysis of soil conditions and behaviors are fundamental to any facility performance, and is the main focus of Colorado Goldfields' dry stack repository. Geotechnical characterization, analysis and design are the core of Ausenco Vector's capabilities. Decades of expertise extends to the following areas: Site characterization, Facility siting studies, Physical test work programs, Seismic risk analysis, Earthquake engineering, Engineering and design, Ground support -- open pit and underground, Tunnel and deep, and excavation design. Ausenco Vector's fully accredited north American laboratory is available 24/7 to ensure the fastest possible project completion.
Specifically, project manager Mr. Breitenbach has over 37 years of project experience in site investigations, site selection, design, construction and reclamation of engineered structures in the field of geotechnical engineering and engineering geology. He has been involved in the engineering design and construction of more than 100 earth/rock water storage and tailings dam projects, 120 heap leach and evaporation pond projects, numerous gypsum stacks/waste rock piles, and foundations for power plants, industrial buildings, pipelines and bridges in North, Central and South America, as well as in Eastern Europe, Asia and Africa. Mr. Breitenbach is a professional engineer registered in 9 states in the USA and has published more than 50 technical papers on rock fill and heap leach design, construction and prevention of failures.
This design will be the key component of Colorado Goldfields' permit amendment to be submitted to the Colorado Division of Reclamation, Mining and Safety.
In addition to completing the geotechnical drilling on the dry stack repository, the Company has begun work to replace existing underground water lines at the mill site proper. The underground lines supply water from the Water Storage Tank to: 1) Office Building, 2) Mill Building, 3) Laboratory Building, and 4) Residential House.
Gold stocks
About Colorado Goldfields Inc. Colorado Goldfields Inc. (OTCQB: CGFIA) (http://www.cologold.com) is a Denver-based junior exploration and mining company primarily exploring for gold and silver. Our seasoned management team targets historic gold camps with strong potential for multiple deposit discoveries. Currently, our business model in Colorado provides an outstanding combination of former producing properties with excellent exploration and production potential and a currently inactive, modern, up to 700 ton per day capacity mill facility to allow for an attractive short-term production time frame. We expect that this strategic plan will allow Colorado Goldfields to reach its goal of profitability, potentially within the next 18 months.
The Company has made available a current CGFIA Fact Sheet in PDF format at http://www.cologold.com/uploads/CGFIFactSheet.pdf.
Notice regarding forward-looking statements This news release may contain forward-looking statements or information within the meaning of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements or information includes statements regarding the expectations and beliefs of management. Forward-looking statements or information include, but are not limited to, statements or information with respect to known or unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Forward-looking statements or information are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements or information, including, without limitation, risks and uncertainties relating to obtaining financing to meet the Company's exploration program and operating costs during its exploratory stage, the interpretation of exploration results and the estimation of mineral resources and reserves, the geology, grade and continuity of mineral deposits, the possibility that future exploration, development or mining results will not be consistent with the Company's expectations, accidents, equipment breakdowns, title matters, or other unanticipated difficulties with or interruptions in production and operations, the potential for delays in exploration or development activities or the completion of feasibility studies, the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses, commodity price fluctuations, currency fluctuations, regulatory restrictions, including the inability to obtain mining permits and environmental regulatory restrictions and liability, the speculative nature of mineral exploration, dilution, competition, loss of key employees, and other risks and uncertainties, including those described under "Risk Factors" in the Company's Annual Report on Form 10-KSB filed on December 27, 2007, and as amended on March 3, 2008, which is on file with the Securities and Exchange Commission, as well as the Company's other SEC filings. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information. The Company does not undertake any obligation to release publicly revisions to any "forward-looking statement," to reflect events or circumstances after the date of this news release, or to reflect the occurrence of unanticipated events, except as is required under applicable securities laws.
Cautionary note to U.S. Investors -- The United States Securities and Exchange Commission permits U.S. mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We use certain terms on this website (or press release), such as "measured," "indicated," and "inferred" "resources," which the SEC guidelines strictly prohibit U.S. registered companies from including in their filings with the SEC. U.S. Investors are urged to consider closely the disclosures in our 10-KSB which may be secured from us, or from the SEC's website at http://www.sec.gov/edgar.shtml. This press release may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. Investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties.
Contact:
Investor Relations
Colorado Goldfields Inc.
866-579-9444 or 303-984-0524
http://www.cologold.com
SOURCE: Colorado Goldfields Inc.
CONTACT: http://www.cologold.com/
Copyright 2011 Marketwire, Inc., All rights reserved.
The increase in shares has been for each of their acquisitions and the expense of opening the mill...
http://easyir.marketwire.com/easyir/prss.do?easyirid=19D74C5776FFBDFD&version=live
CGFIA NEWS
News From Colorado Goldfields
Colorado Goldfields Inc. Advances Expert Exploration Program for King Solomon Mine; $20 Million Gold and Silver Potential
Gold Stocks
LAKEWOOD, CO -- Colorado Goldfields Inc. (OTCQB:CGFIA) (CGFIA.PK) announced that it has begun its 2011 exploration program for the King Solomon Mine. The King Solomon Mine is located on the southern flank of King Solomon Mountain, just a few hundred yards up the mountain from the first discovery of gold in the San Juan Mountains in Little Giant Basin.
Although this season's late snow melt delayed the start, the planned surface work is now proceeding. Surveying of the patented mining claims is under way to verify the exact location of the claim corners and boundaries. Location of the portals, dumps, roads, vein outcrops and other geologic features are being identified and mapped. Identifiable vein outcrops, mine dumps and other mineralized expressions being sampled to define metal values.
This work is under the direction of Robert Larson, Certified Professional Geologist, Professional Land Surveyor, and founder of Monadnock Mineral Services of Ouray, Colorado. Mr. Larson graduated with an Engineer of Mines degree, Colorado School of Mines, 1968. Over 40 years experience in mining, exploration and surveying mostly in the western United States. Mining experience includes base and precious metal engineering and management, both surface and underground; Exploration includes precious metals, base metals, uranium and industrial minerals in various geological environments, including volcanogenic, sediment-hosted replacement and chemical precipitates within sediments; Surveying includes property surveys, subdivision surveys, underground and surface mining surveys, mining claim surveys and constructions surveys.
Immediately following the surface work, surveying and mapping of the two accessible underground levels of the mine will be undertaken. Sampling of the underground workings will be conducted to identify metal values and to define the occurrence of metal values within the vein structures. All surveying and sampling data will be analyzed and incorporated into a three-dimensional model of the mine which will be used to develop a core drilling program to further evaluate the mineral potential of the property and develop a mining plan.
"With gold and silver prices continuing to rise, the King Solomon represents an ever increasing value to Colorado Goldfields. The estimated value of the Mine has increased by $2 million in just the last month," stated C. Stephen Guyer, CFO for Colorado Goldfields.
About Colorado Goldfields Inc.
Colorado Goldfields Inc. (OTCQB:CGFIA) (http://www.cologold.com) is a Denver-based junior exploration, mining and milling company primarily exploring for gold and silver. Our seasoned management team targets historic gold camps with strong potential for multiple deposit discoveries. Currently, our business model in Colorado provides an outstanding combination of former producing properties with excellent exploration and production potential and a currently inactive, modern, up to 700 ton per day capacity mill facility to allow for an attractive short-term production time frame. We expect that this strategic plan will allow Colorado Goldfields to reach its goal of profitability, potentially within the next 18 months.
The Company has made available a current CGFIA Fact Sheet in PDF format at http://www.cologold.com/uploads/CGFIFactSheet.pdf.
Notice regarding forward-looking statements
This news release may contain forward-looking statements or information within the meaning of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements or information includes statements regarding the expectations and beliefs of management. Forward-looking statements or information include, but are not limited to, statements or information with respect to known or unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Forward-looking statements or information are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements or information, including, without limitation, risks and uncertainties relating to obtaining financing to meet the Company's exploration program and operating costs during its exploratory stage, the interpretation of exploration results and the estimation of mineral resources and reserves, the geology, grade and continuity of mineral deposits, the possibility that future exploration, development or mining results will not be consistent with the Company's expectations, accidents, equipment breakdowns, title matters, or other unanticipated difficulties with or interruptions in production and operations, the potential for delays in exploration or development activities or the completion of feasibility studies, the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses, commodity price fluctuations, currency fluctuations, regulatory restrictions, including the inability to obtain mining permits and environmental regulatory restrictions and liability, the speculative nature of mineral exploration, dilution, competition, loss of key employees, and other risks and uncertainties, including those described under "Risk Factors" in the Company's Annual Report on Form 10-KSB filed on December 27, 2007, and as amended on March 3, 2008, which is on file with the Securities and Exchange Commission, as well as the Company's other SEC filings. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information. The Company does not undertake any obligation to release publicly revisions to any "forward-looking statement," to reflect events or circumstances after the date of this news release, or to reflect the occurrence of unanticipated events, except as is required under applicable securities laws.
Cautionary note to U.S. Investors -- The United States Securities and Exchange Commission permits U.S. mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We use certain terms on this website (or press release), such as "measured," "indicated," and "inferred" "resources," which the SEC guidelines strictly prohibit U.S. registered companies from including in their filings with the SEC. U.S. Investors are urged to consider closely the disclosures in our 10-KSB which may be secured from us, or from the SEC's website at http://www.sec.gov/edgar.shtml. This press release may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. Investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties.
Contact:
Investor Relations
Colorado Goldfields Inc.
866-579-9444 or 303-984-0524
http://www.cologold.com
CGFIA... one of the most interesting penny mine stocks out there... not just accumulating profitable mines that were closed after the Gold Rush but will soon have the permit to reopen a mill in Colorado...
http://investorshub.advfn.com/boards/board.aspx?board_id=13177
http://www.cologold.com/projects.htm
you aren't alone out there ...
CGFIA NEWS . . . Colorado Goldfields Inc. Pride of the West Mill Financial Warranty Complete; $300,000 of State of Colorado DRMS Approved Work Commences
http://www.otcmarkets.com/stock/CGFIA/news
CGFIA NEWS . . . Colorado Goldfields Inc. Pride of the West Mill Financial Warranty Complete; $300,000 of State of Colorado DRMS Approved Work Commences
http://www.otcmarkets.com/stock/CGFIA/news
thank you for an honesty that is rare these days . . .
EMLL NEWS... El Maniel International, Inc Enters Into Discussions to Acquire Gold Mining Equipments
Date : 06/22/2011 @ 8:23AM
Source : GlobeNewswire Inc.
Stock : El Maniel International, Inc. (EMLL)
Quote : 0.0002 0.0 (0.00%) @ 8:05AM
El Maniel International, Inc Enters Into Discussions to Acquire Gold Mining Equipments
El Maniel Intl (PC) (USOTC:EMLL)
Intraday Stock Chart
Today : Wednesday 22 June 2011
El Maniel International, Inc (Pink Sheets:EMLL) announced today that due to overwhelming demand for our gold, the Company is planning to increase its alluvial gold production capacity by adding more mining equipments for its operations in Ghana, West Africa. "We are very pleased with the progress and potential of our gold business domain as well as the continuous increase in gold prices and we are planning to add alluvial gold mining equipments including but not limited to excavators, trommel wash plants, rougher jigs, and others," according to Mr. Jamie Khoo, the Chief Executive Officer of El Maniel International, Inc.
China is one of the leading exporters of gold mining equipments and the CEO of El Maniel International, Inc and his technical team are currently visiting several established gold mining equipment manufacturers in China. "We had entered into discussions with several established and reputable gold mining equipment vendors in China such as Dalian Boost Mining Equipment Manufacturer Ltd and Gandong Mineral Processing Equipment Ltd on alluvial gold mining equipments to be added so as to ramp up production capacity when the raining season is over this coming August 2011," added Jamie Khoo. "Our selection criterias will be based mainly on efficiency, effectiveness, and durability in addition to the right price so as to meet our planned augmentation in production capacities without compromising on delivery schedules and we will be presenting a webcast exclusively to cover our visit to the equipment manufacturing facilities in China," – stay tuned to www.elmaniel.com
El Maniel International, Inc is a publicly traded company currently focusing in the gold business domain including but not limited to trading, prospecting, developing and expanding the economic potential of world class mining claims located in Ghana, West Africa and the company is committed in creating shareholder's value by ensuring constant development of current and new resources in the region.
"SAFE HARBOR" STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: The statements contained in this release which are not historical facts are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. These risks and uncertainties include the Company's entry into new commercial businesses, the risk of obtaining financing, recruiting and retaining qualified personnel, and other risks described in the Company's Securities and Exchange Commission filings. The forward-looking statements in this press release speak only as of the date hereof, and the Company disclaims any obligation to provide updates, revisions or amendments to any forward-looking statement to reflect changes in the Company's expectations or future events.
CONTACT: Investor Relations
El Maniel International, Inc
(212) 726-2179
ir@elmaniel.com
PMDP NEWS... Plateau Mineral Executes LOI to Acquire the Little Prince Mine Property's $3.25 Billion Potential and Corporate Restructure
NEW YORK, June 17, 2011 /PRNewswire via COMTEX/ -- Plateau Mineral Development, Inc. ("Plateau Metals"). (Pink Sheets: PMDP) announced today it has executed a Letter of Intent (LOI) to fully acquire the Little Prince Mine Property from Homestead Colorado Gold Corp., a subsidiary of Homestead Gold and Silver Corp.
The acquisition, which is anticipated to close within thirty (30) days, will coincide with a complete change of operational focus and replacement of all current officers and directors; and represent the second major Agreement in the Mining Sector. The Company will focus entirely on precious metal mining and production. All prior operations will be sold or discontinued. Updated corporate financials and related filings will be posted concurrently with execution of definitive agreements for the acquisition.
The Little Prince Mine, originally part of the Standard Metals Group of mines, is situated on the north western slope of Breece Hill, Leadville, located in the extremely rich silver belt in Colorado. Past production results and historical data indicate the mine can be expected to produce between .005 - .27 per ounce of gold per ton, and from 1.8 to 14.7 per ounce of silver per ton, making it very attractive economically based on current prices of the metals.
Based on planned mining and exploration programs, the Little Prince Mine is anticipated to produce up to 1 million ounces of gold, 50 million ounces of silver, together with bismuth, a strategic rare mineral; totalling more than $3 billion of potential production.
The Company expects to make further announcements relating to the redeployment of operations and assets to the Mining Sector, together with progress on its mining acquisitions and joint venture development projects.
The Company had recently announced the signing of a Joint Venture Commitment Agreement with Homestead Tonopah Gold LLC to develop the St. Kevin Mine property; and the addition of Auric Mining Company to strengthen the team and resources available to successfully complete an ambitious 2 year drilling program that is intended to extend the proven gold and silver reserves on the property by as much as ten times, which would value the resource at approximately $1 billion based on current prices for the precious metals.
ABOUT PLATEAU METALS
Plateau Metals acquires and develops precious metal mining and production assets. Plateau acquires, develops, integrates and operates strategically aligned precious metal assets where expansion is planned through additional investments to support organic growth. The company's website is www.plateaumetals.com.
Safe Harbor Statement:
This information includes certain "forward-looking statements." The forward-looking statements reflect the beliefs, expectations, objectives and goals of the Company management with respect to future events and financial performance. They are based on assumptions and estimates, which are believed reasonable at the time such statements are made. However, actual results could differ materially from anticipated results. Important factors that may impact actual results include but are not limited to commodity prices, political developments, legal decisions, market and economic conditions, industry competition, the weather, changes in financial markets and changing legislation and regulations. Matters discussed in this press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include but are not limited to risks and uncertainties associated with the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company. Forward-looking statements are intended to qualify for the safe harbor provisions of Section 21E of the Securities and Exchange Act of 1934, as amended.
CONTACT:Plateau MetalsInvestor RelationsNew York: 1.917.463.3364London: +(44) (0)20 337 17122Fax: +(44) (0)208 338 0655info@plateaumetals.com
SOURCE Plateau Mineral Development, Inc.
www.prnewswire.com
PMDP NEWS... Plateau Mineral Executes LOI to Acquire the Little Prince Mine Property's $3.25 Billion Potential and Corporate Restructure
NEW YORK, June 17, 2011 /PRNewswire via COMTEX/ -- Plateau Mineral Development, Inc. ("Plateau Metals"). (Pink Sheets: PMDP) announced today it has executed a Letter of Intent (LOI) to fully acquire the Little Prince Mine Property from Homestead Colorado Gold Corp., a subsidiary of Homestead Gold and Silver Corp.
The acquisition, which is anticipated to close within thirty (30) days, will coincide with a complete change of operational focus and replacement of all current officers and directors; and represent the second major Agreement in the Mining Sector. The Company will focus entirely on precious metal mining and production. All prior operations will be sold or discontinued. Updated corporate financials and related filings will be posted concurrently with execution of definitive agreements for the acquisition.
The Little Prince Mine, originally part of the Standard Metals Group of mines, is situated on the north western slope of Breece Hill, Leadville, located in the extremely rich silver belt in Colorado. Past production results and historical data indicate the mine can be expected to produce between .005 - .27 per ounce of gold per ton, and from 1.8 to 14.7 per ounce of silver per ton, making it very attractive economically based on current prices of the metals.
Based on planned mining and exploration programs, the Little Prince Mine is anticipated to produce up to 1 million ounces of gold, 50 million ounces of silver, together with bismuth, a strategic rare mineral; totalling more than $3 billion of potential production.
The Company expects to make further announcements relating to the redeployment of operations and assets to the Mining Sector, together with progress on its mining acquisitions and joint venture development projects.
The Company had recently announced the signing of a Joint Venture Commitment Agreement with Homestead Tonopah Gold LLC to develop the St. Kevin Mine property; and the addition of Auric Mining Company to strengthen the team and resources available to successfully complete an ambitious 2 year drilling program that is intended to extend the proven gold and silver reserves on the property by as much as ten times, which would value the resource at approximately $1 billion based on current prices for the precious metals.
ABOUT PLATEAU METALS
Plateau Metals acquires and develops precious metal mining and production assets. Plateau acquires, develops, integrates and operates strategically aligned precious metal assets where expansion is planned through additional investments to support organic growth. The company's website is www.plateaumetals.com.
Safe Harbor Statement:
This information includes certain "forward-looking statements." The forward-looking statements reflect the beliefs, expectations, objectives and goals of the Company management with respect to future events and financial performance. They are based on assumptions and estimates, which are believed reasonable at the time such statements are made. However, actual results could differ materially from anticipated results. Important factors that may impact actual results include but are not limited to commodity prices, political developments, legal decisions, market and economic conditions, industry competition, the weather, changes in financial markets and changing legislation and regulations. Matters discussed in this press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include but are not limited to risks and uncertainties associated with the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company. Forward-looking statements are intended to qualify for the safe harbor provisions of Section 21E of the Securities and Exchange Act of 1934, as amended.
CONTACT:Plateau MetalsInvestor RelationsNew York: 1.917.463.3364London: +(44) (0)20 337 17122Fax: +(44) (0)208 338 0655info@plateaumetals.com
SOURCE Plateau Mineral Development, Inc.
www.prnewswire.com
VGPR NEWS... Vega Biofuels Secures Interim Financing to Move Forward with Green Energy Bio-Coal Plant
Date : 06/13/2011 @ 9:00AM
Source : PR Newswire
Stock : Vega Biofuels (PC) (VGPR)
Quote : 0.0003 0.0 (0.00%) @ 7:37AM
Vega Biofuels Secures Interim Financing to Move Forward with Green Energy Bio-Coal Plant
Vega Biofuels (PC) (USOTC:VGPR)
Intraday Stock Chart
Today : Monday 13 June 2011
VEGA BIOFUELS, INC. (Pink Sheets: VGPR) announced today that the Company has secured the necessary funding to proceed with its plan to build a green energy bio-coal manufacturing plant in Cordele, GA.
Vega has entered into a Loan Agreement with a group of its existing shareholders that will provide the Company with the necessary funding needed for various expenses associated with the design and construction of the proposed South Georgia manufacturing plant. Funding is in the form of a five hundred thousand dollar line of credit and allows the Company to draw on those funds as needed moving forward.
Vega recently announced plans to build a manufacturing plant in South Georgia that when completed will produce green energy bio-coal for use in existing coal fired power plants around the world. The manufacturing plant will be located in Cordele, Georgia.
"This is a very important first piece of our overall funding plan," stated Michael K. Molen, Chairman/CEO of Vega Biofuels, Inc. "There are a lot of expenses associated with the planning and development of a project of this magnitude. First funds are always the most difficult to find. These funds will allow us to move forward with our plans without having to dilute our securities by conducting a Private Placement. We appreciate the confidence our shareholders have in what we are doing. We will have more information concerning additional funding for the project as we move forward."
The Company made the decision to locate the biomass manufacturing plant in Crisp County after members of it management team met with the Crisp County Industrial Development Council (IDC) earlier this year to discuss their assistance with locating a site for the plant, tax abatements, and various job credits available to Vega if the Company located its plant in their county.
Certain statements in this release constitute forward-looking statements or statements which may be deemed or construed to be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words "forecast," "plan," "project," "intend," "expect," "should," "would," and similar expressions and all statements, which are not historical facts, are intended to identify forward-looking statements. These forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance (finance or operating) or achievements to differ from future results, performance (financing and operating) or achievements expressed or implied by such forward-looking statements.
CONTACT: Vega Biofuels, Inc.: 800-481-0186
SOURCE Vega Biofuels, Inc.
Thank you sir... hope you will enjoy looking at the story behind CGFIA
CGFIA... A different kind of mining stock with a story.
http://investorshub.advfn.com/boards/board.aspx?board_id=13177
QEDN NEWS... QED Connect, Inc. StockProfile.com Extent Close
Date : 06/01/2011 @ 4:15PM
Source : PR Newswire
Stock : Qed Connect (PC) (QEDN)
Quote : 0.21 0.07 (50.00%) @ 5:00PM
QED Connect, Inc. StockProfile.com Extent Close
Qed Connect (PC) (USOTC:QEDN)
Intraday Stock Chart
Today : Wednesday 1 June 2011
QED Connect, Inc. (OTC: QEDN.PK), a New York corporation ("QED Connect"), today announced that the transaction to acquire 100% of the assets of StockProfile.com, StockProfileTV.com and SPnewsWire.com is now expected to close on or before June 15th. The Companies are in the process of finalizing the contractual closing conditions as per the Asset Purchase Agreement.
Tom Makmann, CEO of QED Connect commented, "We are excited to complete the StockProfile acquisition and move forward with our business strategy. Over the last two years, QED has been developing an operational plan becoming a parent company of targeted acquisitions and joint partners. The Company invests in promising, developing businesses, and sees this acquisition as a significant step toward achieving our goals and increasing shareholder value."
About StockProfile.com
StockProfile.com is Media Awareness Company which operates a customized platform showcasing emerging growth stocks to independent minded investors. There are well over 10,000 publicly traded companies in the United States and Canada alone. The overwhelming majority of these stocks are relatively unknown to the investing public.
StockProfile.com offers a unique information portal for investors choosing to make their own investment decisions and for companies wishing to reach those investors. Users can review all stocks in detail on the website for free. Over 60% of individual investors have purchased stocks online. Over half of individual investors make their own choices when it comes to stock market investing. StockProfile.com specifically caters to individual investors by providing a platform to discover dynamic publicly traded companies in a free, user-friendly environment.
The StockProfile.com platform allows a limited number of companies to profile their stock on the website. The StockProfile.com platform allows these companies to raise their public profile with an audience of independent Internet savvy investors StockProfile.com does not accept shares as consideration for any profile on their website, and is not a tout sheet. StockProfile.com does not make buy or sell recommendations.
About QED Connect, Inc.
QED Connect, Inc. is a New York corporation holding company which makes acquisitions, investments, and enters into strategic business partnerships. The Company seeks businesses with strong potential which QED can assist in achieving their plans and realizing their maximum potential. This business model achieves the Company's goals and expands its overall revenue and profits and diversifies through entry into the multiple market segments. It is QED's intention to help its partners and subsidiaries realize growth, and that growth would, in turn, enhance QED's ability to increase shareholder value. www.qedconnect.com
Safe Harbor Statement
Certain statements in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of QED Connect, Inc., (the "Company") to be materially different from those expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital and to fund QED's overall expansion plans; (ii) generate sufficient revenue and efficiently manage operations to obtain profitability; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors.
SOURCE QED Connect, Inc.
What you had better hope is that the quality is as good as EXPH's because the next plane you get on will have our products on it... sorry... could not resist... lol
I work in a factory and when material in the warehouse disappears it is for one reason. That material has been used to fill orders.
What I would like to see is that the next time someone is able to visit the plant that the company has had to restock that depleted material for new orders.
MCET NEWS... MultiCell Technologies is Granted Stem Cell Patent
Date : 05/31/2011 @ 8:30AM
Source : PR Newswire
Stock : Multicell Techs (MCET)
Quote : 0.0187 0.0141 (306.52%) @ 1:23PM
MultiCell Technologies is Granted Stem Cell Patent
Multicell Techs (OTCBB:MCET)
Intraday Stock Chart
Today : Tuesday 31 May 2011
MultiCell Technologies, Inc. (OTC Bulletin Board: MCET) is pleased to announce the issuance of U.S. patent 7,935,528 by the United States Patent and Trademark Office (USPTO) relating to the isolation and use of human liver stem cells to treat liver disease. Under the terms of its license agreement with Rhode Island Hospital, MultiCell Technologies is the worldwide exclusive licensee of U.S. patent 7,935,528.
The patent describes methods to isolate and use human liver stem cells to treat degenerative liver diseases, or inherited deficiencies of liver function. Patients who suffer from severe, irreversible liver disease for which other medical and surgical treatments have failed are often candidates for a liver transplant. Liver stem cells which differentiate into functional mature hepatocytes could help to reconstitute a diseased liver, and may be an alternative approach to whole organ transplants for certain liver diseases.
"We are pleased the USPTO has agreed that our liver stem cells are indeed novel and may lead to important therapeutic applications," said W. Gerald Newmin, Chairman and Chief Executive Officer. "Our efforts to better understand liver stem cell biology, and the role these cells play in chronic liver disease and primary hepatocellular carcinoma, is a major focus of the Company," Mr. Newmin stated.
About MultiCell Technologies, Inc.
MultiCell Technologies, Inc. is a clinical-stage biopharmaceutical company developing novel therapeutics and discovery tools that address unmet medical needs for the treatment of neurological disorders, hepatic disease and cancer. For more information about MultiCell Technologies, please visit http://www.multicelltech.com.
Caution Regarding Forward-Looking Statements
Any statements in this press release about MultiCell Technologies' expectations, beliefs, plans, objectives, assumptions or future events or performance are not historical facts and are forward-looking statements for purposes of the Private Securities Litigation Reform Act of 1995 (the "Act"). These statements are often, but not always, made through the use of words or phrases such as "believe", "will", "expect", "anticipate", "estimate", "intend", "plan", "forecast", "could", and "would". Examples of such forward looking statements include statements regarding the predicted size of the interventional cardiology and intravascular stent market and statements regarding the efficacy and safety of the Ideal™ BioStent. MultiCell bases these forward- looking statements on current expectations about future events. They involve known and unknown risks, uncertainties and assumptions that may cause actual results, levels of activity, performance or achievements to differ materially from those expressed or implied by any forward-looking statement. Some of the risks, uncertainties and assumptions that could cause actual results to differ materially from estimates or projections in the forward-looking statement include, but are not limited to, the risk that we might not achieve our anticipated clinical development milestones, receive regulatory approval, or successfully commercialize our products as expected, the market for our products will not grow as expected, and the risk that our products will not achieve expectations. For additional information about risks and uncertainties MultiCell faces, see documents MultiCell files with the SEC, including MultiCell's report on Form 10-K for the fiscal year ended November 30, 2009, and all our quarterly and other periodic SEC filings. MultiCell claims the protection of the safe harbor for forward-looking statements under the Act and each assume no obligation and expressly disclaim any duty to update any forward-looking statement to reflect events or circumstances after the date of this news release or to reflect the occurrence of subsequent events.
SOURCE MultiCell Technologies, Inc.
CGFIA NEWS... Colorado Goldfields Inc. Acquires Silver Wing Mine (Part 2); Builds on $200 Million Resource of Gold, Silver, Copper, Lead, and Zinc; Perfect Fit for Pride of the West Mill
Gold Stocks
LAKEWOOD, CO, May 19, 2011 (MARKETWIRE via COMTEX) -- Colorado Goldfields Inc. (OTCQB: CGFIA) (PINKSHEETS: CGFIA) announced yesterday that it had acquired the Silver Wing Mine in San Juan County, Colorado. This acquisition marks a significant expansion into other metals, both "precious" and "base," and provides Colorado Goldfields a greatly enhanced ability to capitalize on a wider number of market drivers for price -- both investor economics and manufacturing.
The Silver Wing's poly-metallic ore contains 5 different recoverable metal values consisting of gold, silver, lead, copper and zinc. Colorado Goldfields will develop a mining and milling operation and produce approximately 14,500 tons annually of gold, silver, copper, lead and zinc concentrates. "The total estimated resource of the Silver Wing Mine could exceed $200 million with approximately 80% of the resource value composed of silver and copper minerals," stated Lee Rice, President & CEO for Colorado Goldfields.
"Since most of the ore in the district is poly-metallic, the Company's Pride of the West Mill was originally designed to specifically process this type of ore. The acquisition is a perfect fit for the processing capabilities of Colorado Goldfields," stated John Ferguson, Director of Operations.
To explain the new depth of revenue sources, Lee R. Rice, President and CEO of Colorado Goldfields, provides the following commentary regarding both the precious and base metals contained in the Silver Wing Mine.
Prices for all of the metals that will be produced from the Silver Wing Mine are determined by global precious metal and base metal commodity markets. As we have all observed, current prices are favorable and the long term outlook is positive based upon supply and demand fundamentals. In addition to the normal demands from the developed nations in North America and Europe, the long term outlook for sustained growth in Asian economies and as well other parts of the world is expected to continue to put upward pressure on base metal prices.
The precious metals to be produced from the Silver Wing Mine include gold and silver. While gold is critical for certain industrial and high technology uses and has value in the creation of jewelry, the price of gold is primarily based on "perception factors" including the perception of safe haven value in response to political uncertainties in many areas of the world and as a hedge against inflation of currencies.
Historically, silver prices have been driven more by manufacturing demand than macro-economic perceptions. Silver has many specialized industrial (especially photography) and high technology uses. Over the past 20 years silver has been priced primarily as a base metal; following industrial supply and demand factors. Because of more recent socio-economic and political developments, the price of silver is now partially driven by other factors including the perception of 'safe haven' value; including a hedge against deflation of currencies.
The base metals (lead, copper and zinc) provide critical raw material for the production of industrial and consumer products on a world-wide basis. The usage for lead, copper and zinc is a direct function of the overall world industrial production needs and consumer demand for touchable products. Prices for these metals are primarily set in the based on actual industrial factors of supply and demand.
"The Company now has a strong connection to both brick-and-mortar manufacturing and global macro-economic forces. This is huge advantage because it provides us with a revenue source that is continuous and stable," stated C. Stephen Guyer, CFO of Colorado Goldfields.
Gold stocks
About Colorado Goldfields Inc. Colorado Goldfields Inc. (OTCQB: CGFIA) (http://www.cologold.com) is a Denver-based junior exploration and mining company primarily exploring for gold and silver. Our seasoned management team targets historic gold camps with strong potential for multiple deposit discoveries. Currently, our business model in Colorado provides an outstanding combination of former producing properties with excellent exploration and production potential and a currently inactive, modern, up to 700 ton per day capacity mill facility to allow for an attractive short-term production time frame. We expect that this strategic plan will allow Colorado Goldfields to reach its goal of profitability, potentially within the next 18 months.
The Company has made available a current CGFIA Fact Sheet in PDF format at http://www.cologold.com/uploads/CGFIFactSheet.pdf.
Notice regarding forward-looking statements This news release may contain forward-looking statements or information within the meaning of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements or information includes statements regarding the expectations and beliefs of management. Forward-looking statements or information include, but are not limited to, statements or information with respect to known or unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Forward-looking statements or information are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements or information, including, without limitation, risks and uncertainties relating to obtaining financing to meet the Company's exploration program and operating costs during its exploratory stage, the interpretation of exploration results and the estimation of mineral resources and reserves, the geology, grade and continuity of mineral deposits, the possibility that future exploration, development or mining results will not be consistent with the Company's expectations, accidents, equipment breakdowns, title matters, or other unanticipated difficulties with or interruptions in production and operations, the potential for delays in exploration or development activities or the completion of feasibility studies, the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses, commodity price fluctuations, currency fluctuations, regulatory restrictions, including the inability to obtain mining permits and environmental regulatory restrictions and liability, the speculative nature of mineral exploration, dilution, competition, loss of key employees, and other risks and uncertainties, including those described under "Risk Factors" in the Company's Annual Report on Form 10-KSB filed on December 27, 2007, and as amended on March 3, 2008, which is on file with the Securities and Exchange Commission, as well as the Company's other SEC filings. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information. The Company does not undertake any obligation to release publicly revisions to any "forward-looking statement," to reflect events or circumstances after the date of this news release, or to reflect the occurrence of unanticipated events, except as is required under applicable securities laws.
Cautionary note to U.S. Investors -- The United States Securities and Exchange Commission permits U.S. mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We use certain terms on this website (or press release), such as "measured," "indicated," and "inferred" "resources," which the SEC guidelines strictly prohibit U.S. registered companies from including in their filings with the SEC. U.S. Investors are urged to consider closely the disclosures in our 10-KSB which may be secured from us, or from the SEC's website at http://www.sec.gov/edgar.shtml. This press release may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. Investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties.
Contact:
Investor Relations
Colorado Goldfields Inc.
866-579-9444 or 303-984-0524
http://www.cologold.com
SOURCE: Colorado Goldfields Inc.
CONTACT: http://www.cologold.com/
UBRG NEWS... Universal Bioenergy Announces NDR Energy Group Awarded $3.6 Million Gas Supply Contract
Universal Bioenergy (USOTC:UBRG)
Intraday Stock Chart
Today : Monday 16 May 2011
Universal Bioenergy Inc. (Pink Sheets:UBRG), a natural and alternative energy company, announced that it's subsidiary NDR Energy Group was awarded another contract on May 12, 2011 to supply 775 million cubic feet of natural gas with an estimated value of $3.6 million to one of the nation's largest gas utility companies.
The customer that awarded the contract is headquartered on the West Coast, and is one of the largest natural gas distribution utilities in the United States with millions of residential, industrial and commercial customers in its service area. Under the terms of the agreement NDR Energy Group is to supply natural gas to the customer for a period of thirty days.
Universal's President Vince M. Guest states, "We are really excited about the continued acquisition of new strategic natural gas supply contracts by NDR Energy. This contract award should open up opportunities to obtain more and larger gas contracts with this and other customers in the future. This award demonstrates the excellent partnerships Ken Harris, President of NDR Energy, and his team are rapidly making in building our customer base with major utility companies. The agreement limits us from disclosing the customer's name and details, however this contract award should generate an estimated $3.6 million in additional revenue for the Company. We believe the growing strength and value of our customer portfolio should bring more value to our shareholders, as we position the Company to make it more attractive to institutional investors and others."
About Universal Bioenergy Inc.
Universal Bioenergy Inc. is an alternative energy company, and intends to create and market natural and alternative energy sources including natural gas, solar, biofuels, wind, synthetic fuels and related energy technology products. It plans to build the company into a prominent player in alternative energy.
The Universal Bioenergy Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6784
Safe Harbor StatementSafe Harbor Statement - There are matters discussed in this media information that are forward looking statements within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. Such statements are only forecasts and actual events or results may differ materially from those discussed. For a discussion of important factors which could cause actual results to differ from the forward looking statements, refer to Universal Bioenergy Inc.'s most recent annual report and accounts and other SEC filings. The company undertakes no obligation to update publicly, or revise, forward looking statements, whether as a result of new information, future events or otherwise, except to the extent legally required.
CONTACT: Media Relations:
Solomon Ali
704-837-5705
WNWG @ .0024
WNWG now at .0023
WNWG @ .0022
wnwg @ .0021
WNWG @ .0019 lol
PMDP NEWS... Plateau Mineral Announces the Addition of Auric Mining to the Homestead Joint Venture Development of the Estimated $1 billion St
Date : 05/05/2011 @ 8:00AM
Source : PR Newswire
Stock : (PMDP)
Quote : 0.0002 0.0 (0.00%) @ 7:57AM
Plateau Mineral Announces the Addition of Auric Mining to the Homestead Joint Venture Development of the Estimated $1 billion St
American Food Holdin (USOTC:PMDP)
Intraday Stock Chart
Today : Thursday 5 May 2011
Plateau Mineral Development, Inc. ("Plateau Metals") (PINKSHEETS: PMDP) announced today that it welcomes the addition of Auric Mining Company ("Auric", AUMY:PK) to the Homestead Gold and Silver Corp. Joint Venture for the development of the St. Kevin Mine located near Leadville, Colorado.
Plateau Metals had recently announced the signing of a Joint Venture Commitment Agreement with Homestead Tonopah Gold LLC to develop the St. Kevin Mine property; and the addition of Auric Mining Company strengthens the team and resources available to successfully complete an ambitious 2 year drilling program that is intended to extend the proven gold and silver reserves on the property by as much as ten times which would value the resource at approximately $1 billion based on current prices for the precious metals.
Auric Mining recently announced the signing of a Letter of Intent (LOI) regarding the acquisition of Homestead Tonopah Gold LLC with the intent of partnering with Homestead and Plateau on the St. Kevin Mine development. The combination of Homestead, Auric and Plateau will provide the necessary expertise, financing, facilities, equipment, technology, and resources that are required by the size and scale of the St. Kevin mine project. The companies are also currently exploring additional opportunities.
The St. Kevin Mine is registered under the claim name St. Kevin, claim number 3364 and covers 10.33 net acres. It was discovered in 1883 and is located approximately 7 miles northwest of Leadville, Colorado and 3346 meters above sea level. The site was initially operated continuously for 10 years and several times after that period.
The Company expects to make further details available regarding the Joint Venture and drilling program as the schedules and timetables are finalized.
Plateau Metals anticipates continued demand and price increases in precious metals, therefore the Company has recently announced the consolidation of its $80 million Financial Guarantee allowing the Company the flexibility to utilize funds for multiple purposes, including surety underwriting for customer transactions as well as financial backing for the Company's prospective acquisitions. Additionally, the company has recently announced its real-time metals trading and storage program.
The Company has other initiatives relating to the acquisition of metal production and storage facilities to be announced as they mature. The Company also has certain strategic plans regarding international currency networks backed by gold and silver. Corporate updates regarding these new initiatives will be announced in the coming weeks.
The Company believes the international demand for precious metals, combined with the worldwide fear of the declining US Dollar, will combine to create strong and rapid growth for the company across all its operations.
ABOUT PLATEAU METALS
Plateau Metals provides precious metal trading, shipping, production, transaction underwriting, and related services. Plateau operates across the world through its agents and offers service to multiple jurisdictions. Plateau offers complete solutions to buyers and sellers of precious metals that include storage, shipping, and transaction underwriting and arbitrage.
Plateau also acquires, develops, integrates and operates strategically aligned precious metal assets in worldwide markets where expansion is planned through additional investments to support organic growth; thereby providing significant revenue, and equity growth.
The Company's operations are distributed across multiple international time zones with executives and agents located in client-appropriate locales. The Company's website is www.plateaumetals.com.
Safe Harbor Statement:
This information includes certain "forward-looking statements." The forward-looking statements reflect the beliefs, expectations, objectives and goals of the Company management with respect to future events and financial performance. They are based on assumptions and estimates, which are believed reasonable at the time such statements are made. However, actual results could differ materially from anticipated results. Important factors that may impact actual results include but are not limited to commodity prices, political developments, legal decisions, market and economic conditions, industry competition, the weather, changes in financial markets and changing legislation and regulations. Matters discussed in this press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include but are not limited to risks and uncertainties associated with the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company. Forward-looking statements are intended to qualify for the safe harbor provisions of Section 21E of the Securities and Exchange Act of 1934, as amended.
CONTACT:Plateau MetalsInvestor RelationsNew York: 1.917.463.3364London: +(44) (0)20 337 17122Fax: +(44) (0)208 338 0655info@plateaumetals.com
SOURCE Plateau Mineral Development, Inc.
PMDP NEWS... Plateau Mineral Announces the Addition of Auric Mining to the Homestead Joint Venture Development of the Estimated $1 billion St
Date : 05/05/2011 @ 8:00AM
Source : PR Newswire
Stock : (PMDP)
Quote : 0.0002 0.0 (0.00%) @ 7:57AM
Plateau Mineral Announces the Addition of Auric Mining to the Homestead Joint Venture Development of the Estimated $1 billion St
American Food Holdin (USOTC:PMDP)
Intraday Stock Chart
Today : Thursday 5 May 2011
Plateau Mineral Development, Inc. ("Plateau Metals") (PINKSHEETS: PMDP) announced today that it welcomes the addition of Auric Mining Company ("Auric", AUMY:PK) to the Homestead Gold and Silver Corp. Joint Venture for the development of the St. Kevin Mine located near Leadville, Colorado.
Plateau Metals had recently announced the signing of a Joint Venture Commitment Agreement with Homestead Tonopah Gold LLC to develop the St. Kevin Mine property; and the addition of Auric Mining Company strengthens the team and resources available to successfully complete an ambitious 2 year drilling program that is intended to extend the proven gold and silver reserves on the property by as much as ten times which would value the resource at approximately $1 billion based on current prices for the precious metals.
Auric Mining recently announced the signing of a Letter of Intent (LOI) regarding the acquisition of Homestead Tonopah Gold LLC with the intent of partnering with Homestead and Plateau on the St. Kevin Mine development. The combination of Homestead, Auric and Plateau will provide the necessary expertise, financing, facilities, equipment, technology, and resources that are required by the size and scale of the St. Kevin mine project. The companies are also currently exploring additional opportunities.
The St. Kevin Mine is registered under the claim name St. Kevin, claim number 3364 and covers 10.33 net acres. It was discovered in 1883 and is located approximately 7 miles northwest of Leadville, Colorado and 3346 meters above sea level. The site was initially operated continuously for 10 years and several times after that period.
The Company expects to make further details available regarding the Joint Venture and drilling program as the schedules and timetables are finalized.
Plateau Metals anticipates continued demand and price increases in precious metals, therefore the Company has recently announced the consolidation of its $80 million Financial Guarantee allowing the Company the flexibility to utilize funds for multiple purposes, including surety underwriting for customer transactions as well as financial backing for the Company's prospective acquisitions. Additionally, the company has recently announced its real-time metals trading and storage program.
The Company has other initiatives relating to the acquisition of metal production and storage facilities to be announced as they mature. The Company also has certain strategic plans regarding international currency networks backed by gold and silver. Corporate updates regarding these new initiatives will be announced in the coming weeks.
The Company believes the international demand for precious metals, combined with the worldwide fear of the declining US Dollar, will combine to create strong and rapid growth for the company across all its operations.
ABOUT PLATEAU METALS
Plateau Metals provides precious metal trading, shipping, production, transaction underwriting, and related services. Plateau operates across the world through its agents and offers service to multiple jurisdictions. Plateau offers complete solutions to buyers and sellers of precious metals that include storage, shipping, and transaction underwriting and arbitrage.
Plateau also acquires, develops, integrates and operates strategically aligned precious metal assets in worldwide markets where expansion is planned through additional investments to support organic growth; thereby providing significant revenue, and equity growth.
The Company's operations are distributed across multiple international time zones with executives and agents located in client-appropriate locales. The Company's website is www.plateaumetals.com.
Safe Harbor Statement:
This information includes certain "forward-looking statements." The forward-looking statements reflect the beliefs, expectations, objectives and goals of the Company management with respect to future events and financial performance. They are based on assumptions and estimates, which are believed reasonable at the time such statements are made. However, actual results could differ materially from anticipated results. Important factors that may impact actual results include but are not limited to commodity prices, political developments, legal decisions, market and economic conditions, industry competition, the weather, changes in financial markets and changing legislation and regulations. Matters discussed in this press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include but are not limited to risks and uncertainties associated with the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company. Forward-looking statements are intended to qualify for the safe harbor provisions of Section 21E of the Securities and Exchange Act of 1934, as amended.
CONTACT:Plateau MetalsInvestor RelationsNew York: 1.917.463.3364London: +(44) (0)20 337 17122Fax: +(44) (0)208 338 0655info@plateaumetals.com
SOURCE Plateau Mineral Development, Inc.
PMDP NEWS... Plateau Mineral Announces the Addition of Auric Mining to the Homestead Joint Venture Development of the Estimated $1 billion St
Date : 05/05/2011 @ 8:00AM
Source : PR Newswire
Stock : (PMDP)
Quote : 0.0002 0.0 (0.00%) @ 7:57AM
Plateau Mineral Announces the Addition of Auric Mining to the Homestead Joint Venture Development of the Estimated $1 billion St
American Food Holdin (USOTC:PMDP)
Intraday Stock Chart
Today : Thursday 5 May 2011
Plateau Mineral Development, Inc. ("Plateau Metals") (PINKSHEETS: PMDP) announced today that it welcomes the addition of Auric Mining Company ("Auric", AUMY:PK) to the Homestead Gold and Silver Corp. Joint Venture for the development of the St. Kevin Mine located near Leadville, Colorado.
Plateau Metals had recently announced the signing of a Joint Venture Commitment Agreement with Homestead Tonopah Gold LLC to develop the St. Kevin Mine property; and the addition of Auric Mining Company strengthens the team and resources available to successfully complete an ambitious 2 year drilling program that is intended to extend the proven gold and silver reserves on the property by as much as ten times which would value the resource at approximately $1 billion based on current prices for the precious metals.
Auric Mining recently announced the signing of a Letter of Intent (LOI) regarding the acquisition of Homestead Tonopah Gold LLC with the intent of partnering with Homestead and Plateau on the St. Kevin Mine development. The combination of Homestead, Auric and Plateau will provide the necessary expertise, financing, facilities, equipment, technology, and resources that are required by the size and scale of the St. Kevin mine project. The companies are also currently exploring additional opportunities.
The St. Kevin Mine is registered under the claim name St. Kevin, claim number 3364 and covers 10.33 net acres. It was discovered in 1883 and is located approximately 7 miles northwest of Leadville, Colorado and 3346 meters above sea level. The site was initially operated continuously for 10 years and several times after that period.
The Company expects to make further details available regarding the Joint Venture and drilling program as the schedules and timetables are finalized.
Plateau Metals anticipates continued demand and price increases in precious metals, therefore the Company has recently announced the consolidation of its $80 million Financial Guarantee allowing the Company the flexibility to utilize funds for multiple purposes, including surety underwriting for customer transactions as well as financial backing for the Company's prospective acquisitions. Additionally, the company has recently announced its real-time metals trading and storage program.
The Company has other initiatives relating to the acquisition of metal production and storage facilities to be announced as they mature. The Company also has certain strategic plans regarding international currency networks backed by gold and silver. Corporate updates regarding these new initiatives will be announced in the coming weeks.
The Company believes the international demand for precious metals, combined with the worldwide fear of the declining US Dollar, will combine to create strong and rapid growth for the company across all its operations.
ABOUT PLATEAU METALS
Plateau Metals provides precious metal trading, shipping, production, transaction underwriting, and related services. Plateau operates across the world through its agents and offers service to multiple jurisdictions. Plateau offers complete solutions to buyers and sellers of precious metals that include storage, shipping, and transaction underwriting and arbitrage.
Plateau also acquires, develops, integrates and operates strategically aligned precious metal assets in worldwide markets where expansion is planned through additional investments to support organic growth; thereby providing significant revenue, and equity growth.
The Company's operations are distributed across multiple international time zones with executives and agents located in client-appropriate locales. The Company's website is www.plateaumetals.com.
Safe Harbor Statement:
This information includes certain "forward-looking statements." The forward-looking statements reflect the beliefs, expectations, objectives and goals of the Company management with respect to future events and financial performance. They are based on assumptions and estimates, which are believed reasonable at the time such statements are made. However, actual results could differ materially from anticipated results. Important factors that may impact actual results include but are not limited to commodity prices, political developments, legal decisions, market and economic conditions, industry competition, the weather, changes in financial markets and changing legislation and regulations. Matters discussed in this press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include but are not limited to risks and uncertainties associated with the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company. Forward-looking statements are intended to qualify for the safe harbor provisions of Section 21E of the Securities and Exchange Act of 1934, as amended.
CONTACT:Plateau MetalsInvestor RelationsNew York: 1.917.463.3364London: +(44) (0)20 337 17122Fax: +(44) (0)208 338 0655info@plateaumetals.com
SOURCE Plateau Mineral Development, Inc.
PMDP NEWS... Plateau Mineral Completes Joint Venture to Develop Proven Gold and Silver Property: $1 Billion Production Anticipated
Date : 05/04/2011 @ 8:53AM
Source : MarketWire
Stock : Plateau Mineral Development, Inc. (PMDP)
Quote : 0.0001 0.0 (0.00%) @ 9:23AM
Plateau Mineral Completes Joint Venture to Develop Proven Gold and Silver Property: $1 Billion Production Anticipated
American Food Holdin (USOTC:PMDP)
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Today : Wednesday 4 May 2011
Plateau Mineral Development, Inc ("Plateau Metals"). (PINKSHEETS: PMDP) announced today that it has executed a Joint Venture Commitment Agreement with Homestead Gold Tonapah LLC, a subsidiary of Homestead Gold and Silver Corp to develop Homestead's stake in the St. Kevin Mine located near Leadville, Colorado.
The Agreement calls for a comprehensive 2 year drilling program on the site that will that will extended the proven gold and silver reserves tenfold valuing the resource at approximately $1 billion at today's prices.
The Saint Kevin Mine is registered under the claim name St. Kevin, claim number 3364 and covers 10.33 net acres. It was discovered in 1883 and is located approximately 7 miles northwest of Leadville, Colorado and 3346 meters above sea level. The site was initially operated continuously for 10 years and several times after that period.
The Company expects to make further details available regarding the Joint Venture and drilling program as the schedules timetables are finalized.
The Company believes the international demand for precious metal, combined with the worldwide fear of the declining dollar, will combine to create strong and rapid growth for the company across all its operations.
ABOUT PLATEAU METALS
Plateau Metals provides precious metal trading, shipping, production, transaction underwriting, and related services. Plateau operates across the world through its agents and offers service to multiple jurisdictions. Plateau offers complete solutions to buyers and sellers of precious metals that include storage, shipping, and transaction underwriting and arbitrage.
Plateau also acquires, develops, integrates and operates strategically aligned precious metal assets in worldwide markets where expansion is planned through additional investments to support organic growth; thereby providing significant revenue, and equity growth.
The company's operations are distributed across multiple international time zones with executives and agents located in client-appropriate locales. The company's website is www.plateaumetals.com .
Safe Harbor Statement:
This information includes certain "forward-looking statements." The forward-looking statements reflect the beliefs, expectations, objectives and goals of the Company management with respect to future events and financial performance. They are based on assumptions and estimates, which are believed reasonable at the time such statements are made. However, actual results could differ materially from anticipated results. Important factors that may impact actual results include but are not limited to commodity prices, political developments, legal decisions, market and economic conditions, industry competition, the weather, changes in financial markets and changing legislation and regulations. Matters discussed in this press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include but are not limited to risks and uncertainties associated with the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company. Forward-looking statements are intended to qualify for the safe harbor provisions of Section 21E of the Securities and Exchange Act of 1934, as amended.
CONTACT:
Plateau Metals
Investor Relations
New York: 1.917.463.3364
London: +(44) (0)20 337 17122
Fax: +(44) (0)208 338 0655
info@plateaumetals.com
PFEH... has a bid now