AGORACOM Small Cap TV - October 6th - Highlights
posted on
Oct 06, 2011 09:30AM
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 October 6th, 2011, and we’ve found 7 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.
Marathon Intersects Best Interval at the Leprechaun Gold Deposit with 13.95 g/t Au over 26.1mincluding 37.01 g/t Au over 4.5m
Marathon Gold Corporation (MOZ: TSX)
is pleased to announce continued success with the intersection of the best interval to date of high grade mineralization at the Leprechaun Gold Deposit (Figure 1). Significant new main zone intercepts include 13.95 g/t Au over 26.1 meters including 37.01 g/t Au over 4.5 meters in VL-11-352, and 2.42 g/t Au over 18.0m including 12.35 g/t Au over 2.7 meters in VL-11-339.
"This new extension of high grade mineralization shows the potential for intersecting additional high grade zones at the Leprechaun Gold Deposit. We expect these high grade intervals will have a very positive impact on the new resource which is expected to be released in the 4(th) quarter of 2011", said Phillip Walford, Marathon's President and CEO.
Highlights:
--High grade zones, intersected in VL-11-352 with 13.95 g/t Au
over 26.1 meters including 37.01 g/t Au over 4.5 meters,
VL-11-339 with 2.42 g.t Au over 18.0 meters including 12.35 g/t
Au over 2.7 meters, VL-11-348 with 33.42 g/t Au over 3.4 meters
and VL-11-341 with 6.97 g/t Au over 2.7 meters including 20.80
g/t Au over 0.9 meters, occur within a wider main zone
mineralized envelop that extends along strike for greater than
100m.
About Marathon Gold Corporation
Marathon Gold Corporation is one of Canada's newest gold resource development companies, with projects located in the mining friendly province of Newfoundland and Labrador, and a project in the prolific Coeur d'Alene Mining District of Idaho. Marathon has a project pipeline consisting of early stage exploration to advanced resource development projects. Marathon is continually evaluating new gold resource development projects of merit that are located within the Americas. Marathon's focused and low-cost approach to exploration and resource development has an established record of delivering rapid growth.
Last: 1.10Range: 2.07-1.00Market Cap: 25.2 million
Kiska Intersects 161 metres of 1.28 g/t gold-equivalent at Island Mountain Prospect, Whistler Project, Alaska
Kiska Metals Corporation (KSK:tsxV)
reports further drill holes from Island Mountain at the Whistler Project, 160 km northwest of Anchorage, Alaska. Results include hole IM11-020 in the Breccia Zone, which averaged 1.28g/t gold-equivalent over 161 metres.
This result from section 7,750N helps to define a zone of copper and gold mineralization that measures approximately 300 metres east-west and over 400 metres vertically. In addition, hole IM11-026, a further 100 metres north of IM11-020, returned an interval of 127.0 metres of 0.76 g/t gold-equivalent, indicating a potential transition to gold-dominant mineralization to the north in the breccia zones.
About Kiska Metals Corporation
Kiska Metals Corporation is a mineral exploration company focused on advancing the Whistler property, Alaska, a district-scale project with excellent exploration potential which includes the Whistler Deposit (a 2.25 M oz gold-equivalent indicated resource of 79.2 million tonnes averaging 0.51 g/t gold, 1.97 g/t silver and 0.17% copper and a 3.35 M oz. gold equivalent inferred resource of 145.8 million tonnes averaging 0.40 g/t gold, 1.75 g/t silver and 0.15% copper). Kiska has renowned technical expertise and a quality exploration portfolio with numerous early stage exploration opportunities around the world, some held in partnership with a selection of the world's largest and most successful gold and base metal producers.
Last: 0.39Range: 1.74-0.36Market Cap: 39.2 million
Mountain Lake Reports Best Gold Intersection to Date at Leprechaun with 13.95 g/t (0.4 oz/t) Over True Width of 26.1 Meters in Hole VL-11-352
Mountain Lake Resources Inc (MOA - TSX Venture, MLKRF - OTC Pink),
is pleased to report the latest drill results from the Leprechaun Deposit area (Figure 1: http://www.mountain-lake.com/VL-DDH-maps_2011/LP-DDHs_100311.jpg) of the Valentine Lake Gold Property in central Newfoundland include the best intersection of high grade mineralization to date with 13.95 grams per tonne (g/t) gold (Au) over 26.1 meters (m) including 37.01 g/t Au over 4.5 m in VL-11-352.
Highlights:
* Significant high grade zones, intersected in VL-11-352 with 13.95 g/t Au over 26.1 m including 37.01 g/t Au over 4.5 m, VL-11-339 with 2.42 g/t Au over 18.0 m including 12.35 g/t Au over 2.7 m, VL-11-348 with 33.42 g/t Au over 3.4 m and VL-11-341 with 6.97 g/t Au over 2.7 m including 20.80 g/t Au over 0.9 m, occur within a wider main zone mineralized envelop that extends along strike for greater than 100 m.
About Mountain Lake Resources Inc.
Mountain Lake Resources Inc. (TSX-V: MOA) is a diversified junior exploration company, whose corporate strategy is to build shareholder value through the exploration and development of economically viable mineral properties all located on the pro-mining island of Newfoundland. Mountain Lake's current projects include: a 50% interest in the Valentine Lake gold property (drilling in progress) under the joint venture with Marathon Gold Corp.; a 100% interest in the Glover Island gold exploration property (drilling in progress); an option to earn a 100% interest in the Little River gold-antimony exploration property; a 100% interest in the Bobby's Pond base metals property.
Last: 0.46Range:1.10-0.42Market Cap: 21.1 million
Bellhaven Increases Thickness of Middle Zone Prospect by Drilling 102 Meters Grading 0.71 g/t Au and 0.24% Cu at the La Mina Project, Colombia
Bellhaven Copper & Gold Inc. (TSX VENTURE:BHV)
is pleased to announce that diamond drill-holes LME-1034 and LME-1035 at the Middle Zone yielded multiple gold-copper intercepts starting at surface, extending the mineralized zone to 600 m below surface.
LME-1034 and LME-1035 were collared at the Middle Zone along a N45 degrees E oriented section line containing drill holes DDH-12, -13, -17 and -031. The two holes were drilled to test the continuity of the lower zone of gold-(copper) mineralization seen in drill holes DDH-012 and DDH-031 (approximately 280 m apart). Both LME-1034 and -35 cut gold-copper near the surface starting at less than 5-m depth. A 268-m long intercept of gold-copper was cut at depth in LME-1034 (including 102 m @ 0.71 g/t Au and 1.12 g/t AuEq), adjacent to the 122-m long intercept containing 0.86 g/t AuEq in LME-1031 (see press release dated August 2, 2011).
About Bellhaven
Bellhaven Copper & Gold Inc. is a Canadian-listed (TSX VENTURE:BHV) exploration company exploring for gold and copper in Panama and Colombia. The Company's objective is to become one of the best gold-copper companies operating in Panama and Colombia by discovering, acquiring, and developing high-quality resources in a safe and responsible manner to the benefit of all of its stakeholders.
Last: 0.39Range: 0.97-0.35Market Cap: 37.4 million
Intellicheck Mobilisa's Government Identity Group Closes Multiple Contracts Totaling more than $2 Million
Intellicheck Mobilisa (NYSE Amex:IDN), a global leader in access control and wireless security systems, announces that it closed the third quarter of 2011 with multiple signed contracts for its government identification systems, Fugitive Finder(R) and Defense ID(R). With $2 million in aggregate revenue this quarter, these contracts bring the total number of bases using Intellicheck Mobilisa's government identification systems to approximately 100. The company's Fugitive Finder(R) and Defense ID(R) systems offer law enforcement personnel and military security officers additional information for protecting their facilities. Utilizing IDN's patented ID-reading technology, these systems conduct instant "bad guy" checks by scanning and comparing the information contained on the ID card to over 100 databases, including the optional National Criminal Investigative Center (NCIC) database.
About Intellicheck Mobilisa
Intellicheck Mobilisa is a leading technology company, developing and marketing wireless technology and identity systems for various applications including: mobile and handheld wireless devices for the government, military and commercial markets. Products include the Defense ID system, an advanced ID card access control product currently protecting approximately 100 military and federal locations, and ID-Check, patented technology that instantly reads, analyzes, and verifies encoded data in magnetic stripes and barcodes on government-issue IDs from U.S. and Canadian jurisdictions, for the financial, hospitality and retail sectors.
Last Trade: 0.9552 Week: 1.87 – 0.82Market Cap: 26.09 Million
Dewey Electronics Receives $7.9 Million Delivery Order For 2kW Military Tactical Generators
The Dewey Electronics Corporation (OTCBB: DEWY), announced today the recent receipt of a delivery order for its 2kW diesel operated Military Tactical Generators (MTG) in the amount of $7.9 million.
This order was made under the 10 year indefinite-delivery/indefinite quantity contract awarded in September 2001 by the U.S. Army, CECOM, Ft. Monmouth, NJ. The delivery order is for both the AC and DC versions of the generator with shipments scheduled to begin in April 2012 and to continue through September 2013.
The 2kW diesel operated MTG is used throughout the Department of Defense with over 17,000 fielded by Dewey since 1996.
About The Dewey Electronics Corporation
The Dewey Electronic Corporation, founded in 1955, is a systems oriented military electromechanical development, design and manufacturing organization with a focus on compact diesel power generation solutions. The company is a small business and is located in Oakland, NJ. Visit our website at www.deweyelectronics.com.
Last Trade: 1.5552 Week: 2.70 – 1.60Market Cap: 2.11 Million
Blue Earth, Gexpro and eCORE Technology Sign Agreement to Provide Approximately $60 Million in Energy Efficiency Upgrades to Over 2,000 Retail Petroleum/Convenience Store Sites
Blue Earth, Inc. (OTCBB:BBLU) announced today that it signed a Joint Development Agreement (JDA) with Gexpro and eCORE Technology to market, implement and provide financing to more than 2,000 independently owned retail petroleum/convenience store sites operating in select North American markets. The program will assist owners who are seeking to reduce their total energy consumption through installation of lighting efficiency improvements and new, highly efficient motors for their refrigeration and energy management systems. The projected $60 million energy efficiency program ("Phase One"), focuses on energy conservation measures for retail petroleum locations with an average $30,000 cost per facility for the energy efficiency upgrades.
Phase One of the program is expected to be completed within two years. Castrovilla, Inc. a wholly-owned subsidiary of Blue Earth will coordinate and install the energy efficiency measures; Gexpro will supply equipment, including lighting and motors; eCORE Technology will provide program introduction, marketing and sales support, utilizing its extensive customer base and Blue Earth will provide the project financing.
About BBLU
BBLU is engaged in the clean technology industry with a primary focus on the energy efficiency and renewable energy sectors. We strive to participate in the global movement for a sustainable planet by offering products and services that will optimize energy use, reduce harmful environmental emissions and substantially reduce energy costs to our customers. For more information about Blue Earth, Inc., please visit www.blueearthinc.com.
Last Trade: 1.7552 Week: 2.50 – 0.40Market Cap: 24.16 Million