AGORACOM Small Cap TV - November 1st - Highlights
posted on
Nov 01, 2010 08:39AM
Good morning to you all. Please find enclosed a summary of the breaking small-cap and micro-cap financial news we highlighted on AGORACOM Small Cap TV this morning. It’s November 1 2010, and we’ve found 3 great press releases to report on at the open. Another great day for small-cap and micro-cap financial news. To watch the show live every morning at 9:30 AM, visit our front page.
Rockhaven Resources Ltd. Intersects 2.29 g/t Gold and 36.1 g/t Silver Over 19.75 m in Klaza Zone Drill Hole
VANCOUVER, BRITISH COLUMBIA--Rockhaven Resources Ltd. (TSX VENTURE:RK) ("Rockhaven") is pleased to announce assays from the first three holes of its 2010 diamond drilling program at its wholly-owned Klaza property, which is located in the Dawson Range Gold Belt of central Yukon Territory.
The first three holes were collared and aligned to test a section across the Klaza Zone and adjacent wallrocks. DDH-KL-10-01 and -02 explored the northern edge and footwall of the Klaza Zone, but returned low values for gold and silver. DDH-KL-10-03 was collared in hangingwall rocks and tested the full width of the Klaza Zone.
This hole graded 2.29 g/t gold and 36.1 g/t silver over 19.75 m within a broader interval averaging 1.10 g/t gold and 23.5 g/t silver over 50.28 m. Intersected lengths are interpreted to be approximately 90% of true width. DDH-KL-10-03 pierced the zone 50 m down dip of trench KL-10-09, which graded 2.33 g/t gold and 34.9 g/t silver over 16.35 m, within a broader zone that averaged 0.72 g/t gold and 14.8 g/t silver over 58.79 m.
About
Rockhaven Resources Ltd. is a strongly managed Canadian mineral exploration company focused on growth through the acquisition of advanced stage projects.
Last Trade: 0.9452 Week: 1.03 – 0.145Market Cap: 29 Million
Hana Mining Ltd.: Drilling Expands Copper Mineralization at the Chalcocite Zone by 700 Metres
VANCOUVER, BRITISH COLUMBIA-- Hana Mining Ltd. ("Hana" or the "Company") (TSX VENTURE:HMG)(FRANKFURT:4LH) is pleased to announce its most recent drilling results from the completion of 11 RC drill holes from the Chalcocite Zone (formerly known as the Southwest Fold at the Banana Zone) at its Ghanzi sediment hosted Copper-Silver Project in Botswana.
These results are from new holes and are in addition to those used in the most recent NI 43-101 compliant Inferred mineral resource calculation (see Table 1). The mineralization remains open at depth.
Highlights of recent drilling results:
--The strike length increases by approximately 700 metres between sectionlines 38250 to 38950 at the Chalcocite Zone (Figure 2).
--Wide intercepts of 0.36% Cu and 3.0 g/t Ag over 38.0 metres in hole HA-490-R, 0.37% Cu and 3.0 g/t Ag over 39.0 metres (including 1.38% Cu and10.0 g/t Ag over 2.0 metres) in hole HA-502-R, 0.30% Cu and 3.0 g/t Agover 36.0 metres in hole HA-480-R, 0.24% Cu and 3.0 g/t Ag over 33.0metres in hole HA-481-R, and 0.29% Cu and 3.0 g/t Ag over 30.0 metres inhole HA-482-R (Figure 3).
--A total 6.75 kilometre strike length of the Chalcocite Zone has now beendrilled. Mineralization at the Chalcocite Zone is still open at depth tothe southwest.
--Total drilling for the Ghanzi Project in 2010 is approximately 66,700metres.
About Hana Mining's Ghanzi Copper-Silver Project in Botswana:
The Ghanzi Project is located in the center of the Kalahari Copper Belt in northwestern Botswana. The Ghanzi property covers 2,169 sq Km, and contains sediment-hosted copper-silver deposits with a demonstrated cumulative tested strike length of 70 kilometres. This mineral resource estimate consists of 73.5 million tonnes grading 1.5% Cu and 19 g/t Ag in the Banana Zone, 13.4 million tonnes grading 1.7% Cu and 12 g/t Ag in Zone 5, 6.3 million tonnes grading 1.5% Cu and 7 g/t Ag in Zone 6; all at a cut-off grade of 0.75% Cu. Also included is 83.6 million tonnes grading 0.46% Cu and 3.6 g/t Ag at a cut-off grade of 0.30% in the Chalcocite Zone.
About Hana Mining
Hana Mining is a junior exploration company seeking to acquire, explore and develop highly prospective precious, base metal and other mineral projects worldwide with emphasis in southern Africa. The Company has the right to acquire a 70% controlling interest in the Ghanzi Copper-Silver Project. The property consists of five license blocks covering 4,370 square kilometers that contain widespread sediment-hosted copper-silver mineralization.
Last Trade: 3.1252 Week: 3.37 – 0.495Market Cap: 245.21 Million
OAKLAND, CA--Community Bank of the Bay (OTCBB: CBYAA) releases its earnings for the third quarter of 2010.
Financial performance highlights for the three months ended September 30, 2010
Other financial highlights are Assets as of September 30, 2010 were $114.3MM, and represented an increase of $43.4MM compared to September 30, 2009. With total Bank Equity Capital of $14.7MM our Tier 1 risk-based capital ratio of 17.51% exceeds the FDIC's definition for a "well capitalized" institution. Net Loans totaled $78.5MM and represented an increase of $30.2MM from the prior year and $7.7M from the prior quarter, while total Deposits of $90.3MM represented an increase of $30.1MM from the prior year and $3.4MM from the prior quarter.
About
Community Bank of the Bay serves the financial needs of a variety of commercial customers including businesses, professional service firms and nonprofit organizations.
Last Trade: 3.2452 Week: 5.85 – 1.80Market Cap: 6.08 Million