AGORACOM Small Cap TV - November 1st - Highlights
posted on
Nov 01, 2011 10:11AM
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 1st, 2011, and we’ve found 6 great press release 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.
Timmins Gold Intersects 38.10 Metres of 5.12 g/t Gold Below Existing Pit Floor of San Francisco Open Pit and 100.06 Metres of 1.00 g/t Gold in the La Chicharra Open Pit
announces that significant mineralization continues to be intersected in its ongoing July-December, 2011 drill program at the San Francisco Mine, which includes both exploration and infill drilling in and around the San Francisco and La Chicharra open pits. Results from the July-December, 2011 drill program will be incorporated in an updated NI 43-101 Technical Report in early 2012.
Hole TF – 1379 - Intersects 38.10 Metres of 5.12 g/t Gold Below Existing Pit Floor of San Francisco Open Pit and 100.06 Metres of 1.00 g/t Gold in the La Chicharra Open Pit
About Timmins Gold
Focused solely in Mexico, Timmins Gold Corp. is in commercial gold production at its wholly owned San Francisco gold mine in Sonora, Mexico. The mine is a past-producing open pit heap leach operation. Timmins Gold has forecast production at a rate in excess of 100,000 ounces of gold per year. (Micon International NI 43-101F1 Technical Report dated November, 2010.)
Last: 2.39Range: 3.45-1.80Market Cap: 335 million
DDS Wireless 2011 Q3 Earnings Release and Conference Call Notice and Announcement of $1.2 Million of Contracts
DDS Wireless International Inc. (TSX:DD)
In addition the taxi business unit, Digital Dispatch Systems, announces $1.2 million in contract wins. The majority of the contracts are new TaxiBook™ subscriptions, which have increased by 90% since the start of the year. Taxibook™ is the Company's hosted taxi dispatch solution targeted at the very significant and underserved market for small and mid-sized fleets. Other contracts are for the sale of the Company's latest generation, flagship mobile data terminal, the Vector 9000, to Alaska Yellow Cab of Anchorage, AK, San Gabriel Transit of El Monte, CA and Kansas City Yellow.
About DDS Wireless International Inc.
DDS Wireless International Inc. is a global leader in providing application software for multiple vertical markets within the transportation industry. The Company specializes in transit routing and scheduling, real-time dispatching, vehicle location and tracking software applications, communications infrastructure as well as in-vehicle wireless devices. DDS Wireless operates four businesses dedicated for Transit, Taxi, Limousines and Work Truck, and Wireless Devices and Communication Infrastructure. The Company supports its customers worldwide through its offices in Canada, Finland, Singapore, Sweden, U.K. and U.S.A.
Last: 1.60Range: 3.40-1.22Market Cap: 22 million
Maudore Reports an Exceptional Intercept of 673.0 g/t Gold (greater than 19 oz/t) over 0.5m from the Potential Eastern Extension of the Company's Resource
Maudore Minerals Ltd. (TSX VENTURE:MAO)(OTCBB:MAOMF)(FRANKFURT:M6L)
is very pleased to report an exceptional intercept of 673.0 g/t gold(>19 oz/ton) over 0.5m obtained outside the Osbell Resource area. Maudore is also pleased to report several other new significant results from ongoing exploration and drilling on the Comtois property located in Lebel-sur-Quevillon, north of Val-d'Or, Quebec, Canada. CEO Ron Shorr said, "These positive drilling results follow Maudore's Oct 26 press release which discussed numerous strategies to enhance shareholder value; one drilling strategy was to extend the known 1.8km Osbell strike length. These results go a long way toward fulfilling that goal. The 673 g/t intercept is our second best ever, and is not even within our resource area."
About Maudore Minerals Ltd.
Maudore owns 100% of the Comtois Gold Project in Quebec. Infrastructure is excellent: a highway; accessibility to North America's lowest cost power (a few kilometers away); plenty of nearby water, and a mining oriented local workforce. Quebec is consistently ranked among the best locations worldwide for mineral exploration. Maudore also owns a large land area west of Comtois with volcanogenic gold/massive sulphide (VMS) potential. VMS gold deposits are more common in Quebec than anywhere else in the world. Maudore's total land package, now
Last: 5.02Range: 6.90-3.30Market Cap: 125 million
Noront announces additional chromite results from McFaulds Lake
Noront Resources Ltd. (TSX Venture: NOT)
is pleased to announce the results from an additional 16 holes at the Company's 100% owned Blackbird chromite deposit.
HIGHLIGHTS:
NOT-11-1G215 intersected 15.62 metres averaging 42.81% Cr2O3 at a 2.10:1 Cr to Fe ratio;
NOT-11-1G217A intersected 22.36 metres averaging 42.67% Cr2O3 at a 2.06:1 Cr to Fe ratio;
NOT-11-1G221 intersected 19.93 metres averaging 42.40% Cr2O3 at a 2.16:1 Cr to Fe ratio;
NOT-11-1G223 intersected 23.58 metres averaging 40.71% Cr2O3 at a 2.07:1 Cr to Fe ratio;
NOT-11-1G226 intersected 14.72 metres averaging 42.96% Cr2O3 at a 2.18:1 Cr to Fe ratio;
NOT-11-1G227 intersected 18.42 metres averaging 40.03% Cr2O3 at a 2.08:1 Cr to Fe ratio.
About Noront: Noront Resources Ltd. is focused on developing the high-grade Eagle's Nest nickel-copper-platinum-palladium deposit, the exploration and development of the Blackbird chromite discovery and regional exploration for additional mineral deposits within it's large, highly prospective land position in an area known as the "Ring of Fire", an emerging multi-metals camp located in the James Bay Lowlands of Ontario, Canada.
Last:0.68Range: 1.16-0.41Market Cap: 138 million
Probe Mines Announces Additional Assay Results for its Borden Lake Gold Project: Infill Drilling Demonstrates Excellent Continuity of Zone, Including 138.3 metres Averaging 1.0 g/t Au
PROBE MINES LIMITED (TSX VENTURE:PRB)
is pleased to announce that it has received further assays from the ongoing drilling program at the Company's Borden Lake Gold Project near Chapleau, Ontario. Results for diamond drill holes BL11-85 to BL11-95 were received with all successfully intersecting the Borden Lake Gold Zone and returning significant intervals of gold ("Au") mineralization, including intersections of up to 138.3 metres averaging 1 g/t Au with high-grade zones containing up to 3.3 g/t Au over 16.4 metres. Other high-grade occurrences were identified including a 1.5 metre intersection of 15.8 g/t Au.
About Probe Mines:
Probe Mines Limited is a well financed, Canadian base and precious metal exploration company with approximately $22MM in treasury and a portfolio of highly prospective mineral properties. The Company is actively exploring a significant new gold resource on its Borden Lake project near Chapleau, Ontario and owns 875 claims covering approximately 14,000 hectares in the McFauld's Lake area, including a 100% interest in the Black Creek chromite deposit.
Last: 2.31Range: 2.45-1.01Market Cap: 130 million
Bralorne Gold Mines Ltd.: High Grade Intercept Confirmed; 51.47 Ounces Gold per Ton for the 3.1 Foot Interval
Bralorne Gold Mines Ltd. (TSX VENTURE:BPM)(PINK SHEETS:BPMSF)(BERLIN:GV7)(FRANKFURT:GV7)(WKN A0B75M)
is pleased to provide the following update of activities at its Bralorne mine operation located near Gold Bridge, British Columbia
A check assay of the recently announced high grade result for surface drill hole SB11-21 has been completed. The repeat assay result is 51.47 ounce gold per ton for the 3.1 foot interval (1764 grams per tonne gold over 0.9 meters). This second assay confirms the initial assay of 23.35 ounce gold per ton over 3.1 feet. The intercept is located in the BK Gap exploration area, approximately 160 feet north of the BK vein and west of area of mined on the BK vein on 800 level. The core interval consists of a faulted zone of altered wall rock and minor quartz vein material with coarse grains of visible gold in the quartz fragments.
About the company
The Bralorne mine is located 150 air miles from Vancouver, BC. The Company is re-developing the former and very successful Bralorne, Pioneer and King gold mines. From 1928 to 1971, these three operations produced 4.15 million ounces of gold from 7.9 million tons of ore (equaling a grade of 0.53 ounces per ton). Bralorne, Pioneer and King represent the largest historic gold producers in the Canadian Cordillera. The Company remains well funded with no long-term or short-term debt.
Last: 1.04Range: 1.56-0.75Market Cap: 29.4 million