AGORACOM Small Cap TV - November 28th - Highlights
posted on
Nov 28, 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 November 28th, 2011, and we’ve found 3 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.
Gold Mountain hits 1.6 meters of 159.9 g/t gold and 118.3 g/t silver at Elk Gold project and begins resource update
Gold Mountain Mining Corporation TSX-V TRADING SYMBOL:GUM
is pleased to announce initial assay results from the Company's 2011 exploration program at its 100% owned advanced stage Elk Gold project near Merritt BC. The drill campaign was successful in confirming and extending several high grade veins within the historic pit area, and also discovered a new vein occurrence or extension some 450 meters along strike from previous drilling on the known resource.Highlights of the holes announced today include the following:
SND11-110 1.46 meters of 16.6 g/t gold and 141.5 g/t silver
SND11-112 1.24 meters of 22.3 g/t gold and 54.9 g/t silver
SND11-128 1.60 meters of 159.9 g/t gold and 118.3 g/t silver
SND11-132 1.20 meters of 30.3 g/t gold and 95.8 g/t silver
About Gold Mountain Mining
Gold Mountain is a new public resource company managed by an experienced team of professionals with a solid track record of exploration and development success. The Company owns 100% of the 16,700 hectare Elk Gold property, which the Company intends to develop into a precious metal producer within the next two years, and is also seeking additional near-term production assets to further build shareholder value. Additional information is available on Sedar.com or on the Company's new website at www.aumtn.com.
Last: 0.74Range: 1.38-0.40Market Cap: 47 million
El Nino Ventures Reports High Grade Zinc, Lead and Silver over Broad intercepts at Murray Brook deposit, in the Bathurst Mining Camp
El Niño Ventures Inc.(TSX.V: ELN; Frankfurt: E7Q)
is pleased to announce significant diamond drill results of the 2011 drill program on the Murray Brook Massive-Sulfide Deposit located in the Bathurst Mining camp, New Brunswick, Canada. Votorantim Metals Canada Inc (VM Canada) is operator of the program.
During the spring-summer of 2011, a total of 19 holes, 2,695.5 meters, have been completed. The results are included in this announcement.
About El Niño Ventures Inc.
El Niño Ventures Inc. is an international exploration company, focused on exploring for lead, zinc, copper, gold and silver in New Brunswick, Canada and copper in the Democratic Republic of Congo ("DRC").
Last: 0.135Range: 0.463-0.08Market Cap: 6.4 million
Castillian Intersects 5.05 g Au/t Over 9.4 Metres and 4.52 g Au/t Over 10.9 Metres at Hope Brook, Newfoundland
Pit Zone Extended 200 Metres Further Along Strike to Southwest
Castillian Resources Corp.(TSX VENTURE:CT)
is pleased to report the results of an additional 21 diamond drill holes at its Hope Brook Gold Project in southwestern Newfoundland. The drilling has extended the Pit Zone an additional 200 metres southwest, to a drilled strike length of 700 metres from the previously reported 500 metres.
Drilling also tested the near surface potential bulk mineable zones south and north of the former open pit mine and initial in-fill drilling of the Mine Zone extension. Collar locations of the holes are shown in Figure 1.
Highlights include:
1.09 g Au/t over 11.1m at a depth of approximately 90m below surface in hole HB11-060 in the southwest extension of the Pit Zone extension
4.53 g Au/t over 10.9m within a wider mineralized zone grading 1.60 g Au/t over 40.2m in hole HB11-067 in the Pit Zone approximately 60m below surface
3.01 g Au/t over 7.0m in a wider mineralized zone grading 1.57 g Au/t over 16.0m in hole HB11-064 in the Mine Zone extension about 250m below surface and about 400m southwest of the historical underground workings
5.05 g Au/t and 0.98% Cu over 9.4m within a broader mineralized zone grading 2.86 g Au/t and 0.51% Cu over 19.3m in hole HB11-49 in the target area south of the Open Pit
2.77 g Au/t over 2.0m within a very broad mineralized zone grading 0.42 g Au/t over 45.6m in hole HB11-047 in the Target area north of the Open Pit
ABOUT CASTILLIAN
Castillian Resources Corp. is a Canadian mineral exploration company listed on the TSX Venture Exchange under the symbol "CT" which has gold and base metal properties in Canada and South America. Castillian's flag ship property is the Hope Brook Gold Project located in southwestern Newfoundland where it is carrying out a 25,000 metre diamond drill program. Castillian has outlined an extensive new Gold-in-Soil anomaly trend on its Canadian Creek property in the Yukon that is adjacent to Kaminak's Sugar Gold-in-Soil trend.
Last: 0.10Range: 0.24-0.07Market Cap: 29.6 million