Friday, June 10, 2011

Electric Car Stocks Trading Alert; (MXWL), (TSLA), (ZNN.V), (EVCA) - What's Driving the Electric Car Market?


June 10, 2011 (Investorideas.com renewable energy/green newswire) Investorideas.com a leader in cleantech investor research, reports on green and electric car stocks trading for June 9th. Ford made headlines with its growth strategy for electric vehicles and its bullish outlook.
According to the company's press release,´ Today, Ford sells approximately 35,000 electrified vehicles a year, led by the Fusion Hybrid and Escape Hybrid - the most fuel-efficient midsize sedan in America and the most fuel-efficient SUV in the world, respectively."
Green Car Stocks Sector Snapshot at close June 9 th
  • EVCARCO (OTCBB: EVCA)) ending trading at $ 0.0123
  • Ener1, Inc. (NASDAQ:HEV ) closed at $1.21, down 0.01 (0.82%)
  • Ford Motor Company (NYSE: F ) closed at $13.80 0.10 (0.73%) on over 55 Million Shares
  • Maxwell Technologies Inc. (NASDAQ: MXWL) closed at $27.33, up 0.26 (0.96%)
  • Tesla Motors, Inc. (NASDAQ: TSLA) closed at $27.62, up 0.50 (1.84%)
  • Zenn Motor Company, Inc. (TSX-V: ZNN) closed at $1.32, up 0.02 (1.54%)
Research more green car stocks at the Investorideas.com renewable energy stocks directory: http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
Market Snapshot at close June 9 th
  • Dow 12,164.47 +115.53 +0.96%
  • Nasdaq 2,693.05 +17.67 +0.66%
  • S&P 500 1,292.45 +12.89 +1.01%
  • 10 Yr Bond (%) 2.9980% +0.0360
  • Oil 101.94 +1.20 +1.19%
  • Gold 1,542.90 +4.80 +0.31%
Recent Electric Car News;
Ford to Triple Production Capacity of Electrified Vehicles in North America by 2013, Led by C-MAX Hybrid, C-MAX Energi
Ford C-MAX Hybrid
  • Ford to triple production capacity of electrified vehicles in North America by 2013, investing in even more C-MAX Hybrid and C-MAX Energi plug-in hybrid vehicles
  • Expanding production capacity of electrified C-MAX lineup brings a stronger business case than introducing gasoline-powered seven-passenger vehicle in North America
  • Ford adding more than 220 green technology jobs in Michigan, including total of 170 at Rawsonville and Van Dyke Transmission plants, plus more than 50 new electrified-vehicle engineers based in Dearborn in the past year
  • Production of all-new C-MAX Energi plug-in hybrid and C-MAX Hybrid scheduled to begin at Michigan Assembly Plant in 2012, with locally sourced battery packs and electric drive transaxles built by Michigan workers
Sterling Heights, Mich., June 9, 2011 - Ford Motor Company announced today it is tripling production capacity of its electrified vehicle lineup through 2013, further boosting volumes of its all-new C-MAX Hybrid and C-MAX Energi plug-in hybrid, which begin production next year.
"Customers have come to expect fuel efficiency with every new vehicle Ford delivers today, and now we are further differentiating our electrified vehicle lineup with something else people truly value - choice," said Jim Farley, Ford's group vice president of Marketing, Sales and Service. "Whether people want a hybrid, a plug-in hybrid or full battery electric vehicle, we have a family of vehicles for them to consider, providing a range of options to best meet their needs and support their driving habits and lifestyles."
Full News:http://corporate.ford.com/news-center/news/press-releases/press-releases-detail/pr-ford-to-triple-production-capacity-34759
Tesla Launches Model S Reservations in Canada
TORONTO- - Tesla Motors (NASDAQ:TSLA) is now taking reservations in Canada for Model S, the world's first premium electric sedan. Deliveries of Model S will begin in mid-2012.
Model S is the first sedan designed from the ground up as an electric vehicle. By taking a revolutionary approach to vehicle engineering, Tesla has designed Model S for superior aerodynamics, stability and handling, crash safety, performance and range. The sedan features a floor-mounted battery pack creating unprecedented space in the interior of the car, and a second storage space under the front hood.
With the most advanced electric powertrain in the industry, Model S will accelerate from 0 to 100 km/hr in less than 6 seconds. Tesla will offer three range options with Model S: 260-km, 370-km, and 480-km. Model S can be recharged using any conventional outlet and charge in as little as 45 minutes." Full News: http://finance.yahoo.com/news/Tesla-Launches-Model-S-iw-75792117.html?x=0&.v=1
Ener1 Joins Volvo in Washington, DC Seminar on Electric Vehicle Safety
Li-ion Battery Maker Starts Phase II of Production to Supply C30 Electric Car
WASHINGTON, June 9, 2011 - Ener1, Inc. (NASDAQ:HEV - News), a leading manufacturer of lithium-ion energy storage systems for transportation, utility grid and industrial applications, will join host Volvo Car Corporation for a seminar here today at the Embassy of Sweden on the issue of safety in electric vehicles. Full News:
Electric Car Stocks; EVCARCO (OTCBB: EVCA) Executives Travel to China to Meet With Manufacturers of Alternative Fuel Vehicles
FT. WORTH, TX - May 27, 2011 (Investorideas.com renewable energy/green newswire) - EVCARCO, Inc. (OTCBB:EVCA) (OTCQB:EVCA) announced today that Edouard Prous, Chief Technical Officer, and Dmitri Tisnoi, President and CEO, of VENTA Global, recently traveled to Guangzhou, China to meet with representatives from FOTON Motor Company, Global Win Vehicles, Ltd and several other manufacturers currently producing alternative fuel vehicles. The trip included a visit to several cities in order to see the latest developments in transportation products and to evaluate the quality and viability of their alternative fuel vehicles.
Full news: http://www.investorideas.com/CO/EVCA/news/2011/05271.asp
Electric Car Company Snapshot
EVCARCO (OTC.BB: EVCA) - Green, Electric Cars and Natural Gas Vehicles
EVCARCO (OTC.BB:EVCA) (www.evcarco.com) is the first automotive retail group dedicated to deploying a coast-to-coast network of environmentally friendly franchised dealerships and vehicles. EVCARCO is bringing to market the most advanced clean technologies available in plug-in electric, alternative fuel, and pre-owned hybrid vehicles.
Visit the EVCA profile at Investorideas.com - http://www.investorideas.com/CO/EVCA/
Research electric car stocks and green auto stocks , lithium stocks - with the renewable energy stocks directory Research over 1300 green stocks - Investors also have the option to access the directory as part of the Investor Ideas Investors also have the option to access the directory as part of the Investor Ideas Membership premium content that currently features an additional 12 stock directories, including the water stocks directory and all cleantech stock directories. http://www.investorideas.com/membership/
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Investorideas.com was on the of the first investor sites covering investing in water and renewable energy stocks and has become a global go-to destination for investors researching the cleantech sector, with stock directories, company news, commentary from experts, research reports and industry resources and links. Investors can follow solar stocks commentary on our site with solar expert, J. Peter Lynch.
Sign up for free investor newsletters and stock alerts at Investor Ideas
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Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. Disclosure: Investorideas is compensated by featured green companies EVCARCO (OTCBB: EVCA) is a showcase stock at Investorideas.com and compensated the site 500,000 144 shares in lieu of cash compensation.
For more information contact Investorideas.com: 800 665 0411
Email: dvanzant@investorideas.com or Cali at cvanzant@investorideas.com
Source: www.Investorideas.com

Thursday, June 09, 2011

Q&A Interview Argentina Ethical Gold Stock Soltera Mining Corp. (OTCPK: SLTA)



Point Roberts, WA - June 09, 2011 - www.InvestorIdeas.com, a leader in sector stock research including mining stocks, release a Q&A interview with Dr. Fabio Montanari, President/CEO of Soltera Mining Corp. (OTCPK:SLTA) (FRANKFURT:SN7) for interested gold stock investors.

Q- Investorideas.com
Interview
Dr. Fabio Montanari, let's start with the two announcements regarding assay results. They seem contradictory, with one reporting low gold values and the other some very high gold values, so what does this mean?
A- Fabio Montanari
The difference is because the samples were from test work on two very different types of gold deposit.
The main potential of the El Torno property is for large deposits of vein and bedrock gold, but there are also much smaller deposits of weathered surface (called eluvial) material that can contain free gold. The first announcement concerned test work on eluvial material whereas the second concerned analyses from part of the main vein system.
Q- Investorideas.com
Why bother with the eluvial deposits if they are small and, in any case what went wrong with the eluvial test work?
A- Fabio Montanari
We were looking at the eluvial material because there is a simple gravitational processing plant already in place that had been used successfully in the past by the mineral title owner and it offered the real possibility of generating a rapid cash flow that would pay for exploration of the main targets. Initial operation of the plant produced gold in the form of tiny nuggets and the next logical step was to test an area of potential eluvial feedstock to see if there was enough for a commercial operation. Any production by this means would be ideal for Goldlake's agreement to supply ‘ethical gold' to Cartier.
The sampled area, about 35 of the 7 861hectares (19,424 acres) included in the property, was selected because it had a good thickness of weathered material, all the necessary permissions for surface extraction, and is relatively close to the processing plant. Part of the area had also been worked previously by the mineral title owner. However, extensive and detailed test work showed that although small amounts of gold are distributed widely throughout the area, the tonnage of material containing higher values is insufficient to justify a commercial operation from this location. There was simply less gold than we had anticipated and, as a result, we cannot go into production immediately as we wished. There are, however, other areas of eluvial material throughout the property that could contain gold and these will be examined in due course.
Q- Investorideas.com
So what is the significance of the very high gold values in the second announcement?
A-Fabio Montanari
The high gold values are very exciting and very significant.
We already knew from old records that a gold-rich zone, said to be about one and a half meters wide, extends along the western edge of the main vein system. Drilling in the 1990s showed that the zone extends to at least 110 meters depth and suggested an average gold grade around 10 gpt. Soltera geochemical surveys also suggest that the zone extends for most of the 14 km vein length. This gold zone is a major exploration target.
Although we had been concentrating on eluvial material, I decided to look more closely at surface expressions of the gold zone. I selected a 300 meter long stretch marked by old workings and trenches, and took samples of various rock types such as white quartz or iron-rich breccias to find out where gold was concentrated. A few were simply grab samples (lumps of a particular rock type), but most were channel samples which means literally cutting a channel several centimeters wide and deep through the rock over a distance of 1 or 1.5 meters. The gold analysis of a channel sample indicates the average gold over the length sampled.
The results were startling to say the least. They included channel samples of 6.5 meters with between 6.2 and 8.8 g/t Au, 1 meter at 14.95 g/t Au, 1 meter at 20.9 g/t Au, and 1.5 meters at 376 g/t Au. The mean value of the 17 samples containing more than 1 g/t Au (with the 376 g/t Au cut to 100 g/t Au) was 11 g/t Au.
The data confirms the existence of the rich gold zone along the flank of the main vein as indicated by earlier drilling and indicates that in some places it is considerably thicker than previously thought (up to 6.5 meters). Some gold mineralization was even detected in part of the main vein system where it had not been previously recognized. The results open up all sorts of possibilities for the future, including that of possible surface production from ‘hot spots' over parts of the vein. It definitely means there should be intensive sampling along the full 14 km length of the vein system.
Q- Investorideas.com
And what about the Goldlake announcement?
A-Fabio Montanari
Goldlake evidently appreciate the potential for gold at El Torno and decided to back us despite the setback over eluvium gold production. We are really looking forward to moving rapidly on some serious exploration of the main vein and dispersed bedrock gold targets.
Q- Investorideas.com
So what's next for Soltera?
A- Fabio Montanari
Intensive exploration of the major gold targets and fulfilling the listing requirements.
Under the terms of the agreement with the mineral title owner, we have eighteen months to decide whether or not the property is worth purchasing outright. This means we have to acquire sufficient information to make a firm decision.
The next step will be detailed mapping and sampling along the full length of the vein and over parts of the dispersed gold targets that are marked by strong geochemical anomalies. At the same time, we are planning a geophysical survey over part of the main vein system. The net result of this work will be to define drill targets and we intend to start drilling during the next field season which commences in September this year. If ‘hot spots' are detected along the gold-rich zone, we will look at the possibility of future surface production, but our main emphasis must be on the major targets.
In addition, we intend to bring all our SEC and BCSC filings up to date in order to become fully compliant with all reporting procedures.
About El Torno
The El Torno project is located in the extreme north of Argentina in rolling country of the high Andes at a height of around 4,000 meters. Soltera holds options over 78 km 2 of highly prospective ground that contains a very large gold-bearing quartz vein system extending intermittently for 14 km with veins up to 20 meters wide, and the area has potential for major gold deposits of two types; large gold-rich quartz vein deposits suitable for underground mining, and gold-bearing quartz vein swarms within the country rocks suitable for large-scale open-pit mining.
Investors can view the mining company profile for Soltera Mining Corp. athttp://www.investorideas.com/CO/SLTA/
Soltera Mining Corp. (OTCPK: SLTA) is a gold exploration company concentrating on its large-scale El Torno Gold Project in the Province of Jujuy in north-west Argentina. Soltera is an unusual exploration company in the sense that it is following two distinct lines of action: the first is to explore potentially large vein and dispersed gold deposits that occur within the 78 km2 title area; while the second is to develop the easily exploited and substantial surficial gold deposits that have formed by weathering of the underlying gold-bearing bed rocks.
Visit the company website athttp://www.solteramining.com/
Request news and stock alerts from Soltera Mining Corp.http://www.investorideas.com/Resources/Newsletter.asp
Contacts:
Soltera Mining Corp. 
Fabio MontanariPresident/CEO 
1-888-768-5552 or 1-303-800-5752 
info@solteramining.com 
fmontanari@solteramining.com
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InvestorIdeas.com is a leader in investor stock research by sector. Sectors we cover include; cleantech and renewable energy stocks, biotech stocks, mining and gold stocks, energy stocks, water, tech, defense stocks, nanotech, agriculture and gaming.
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Disclaimer: The following company profile release for Soltera Mining is a paid for submission as a showcase companies (five hundred per month) Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions, company profile submissions and online advertising.
For Additional Information about Investorideas.com mining portals and becoming a showcase stock:
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Disclosure: SLTA is a paid advertising client on Investorideas.com and our mining portals.
Security Stocks; UPSG (TSX-V: UZZ) Announces New Appointments



Edmonton, Alberta CANADA - June 9, 2011 (InvestorIdeas.com Newswire) - F.V.Ramsoondar, Chief Executive Officer of United Protection Security Group Inc. (UPSG or the Company), (TSX-V:UZZ) is pleased to announce the appointments of Andrew Clark as Senior Vice President of Operations, and Chris Guilbeault as Interim ChiefFinancial Officer.

Mr. Ramsoondar states "Mrs. Guilbeault is a graduate of the University of Saskatchewan and a member of the Institute of Chartered Accountants of Alberta since 1991. She has over 15 years experience in public company auditing and reporting including holding the position of Manager of Financial Reporting for a public resource company. Chris has the required knowledge to assist the Company with the adoption of International Financial Reporting Standards which is effective for the Company Q1 interim financial statements."Mr. Ramsoondar states "Mr. Clarke has been with the Company since 2006 and previously held the position of Director of Operations for Northern Alberta and Saskatchewan. Andrew has demonstrated a broad understanding of all facets of our business and the security industry in general. Prior to joining the Company Andrew was General Manager of the Edmonton Branch Operations for one of Canada's largest security guard companies."
Stock Awareness Activities
To find out more about United Protection Security Group Inc. (TSX-V: UZZ), visit our website atwww.unitedprotection.com. To join the 'request for information', go to the web page www.unitedprotection.com and click the tab 'request information' and follow the prompts.
For additional investor and media relations inquiries contact:
Fredy Ramsoondar CEO and Director
Email: fredy.ramsoondar@unitedprotection.com
Tel: 780-465-8101
Statements in this press release other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, are forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company's business, including risks related to business development and retention, and risks related to the current economic and credit conditions. As a result, actual results may vary materially from those described in the forward-looking statements.
The TSX Venture Exchange has neither approved nor disapproved the information contained herein.
To view this release as a web page, please click on the following link:
United Protection Security Group Inc.
#212, 8711A - 50th Street
Edmonton, Alberta T6B 1E7
Telephone (780) 465-8101
Source: United Protection Security Group Inc. (TSX-V: UZZ) http://www.unitedprotection.com
Maximum News Dissemination by Filing Services Canada Inc. http://www.usetdas.com
Disclosure: UZZ is a paid advertising client on Investorideas.com and our defense portals.
Water Stocks Trading Alert; (NYSE: AWK), (NYSE: PNR), (NYSE: VMI)

Point Roberts, WA - June 9,2011 – Investorideas.com , a leader in sector research including water stocks issues a trading alert for water stocks June 9th. The snapshot also looks at two water companies focusing on the water- energy relationship and solutions.
Aqua America, Inc. (NYSE: WTR) discusses it role in the water/energy relationship in its most recent news:
"Speaking before the Citi Climate Change and Water Conference today in London, England, Aqua America, Inc Chairman and CEO Nicholas DeBenedictis said that the water-energy nexus will play a large role in future of the company with respect to environmental and business opportunities.
"Electricity is generally the largest expense of any public water utility, second only to labor. When you couple that with the fact that our business was created out of concern for the environment and public health, it makes perfect sense that water companies—particularly those in the private sector—would pursue sustainable clean energy sources, such as solar, as a complement to traditional power,” said DeBenedictis.”
Full News: http://finance.yahoo.com/news/Aqua-America-CEO-WaterEnergy-bw-693858240.html?x=0&.v=1
According to reports from Wescorp Energy Inc. (OTCBB: WSCE) - "The oil and gas industry annually spends $50B worldwide on separating hydrocarbons ("oil”) from water. America’s major new shale gas plays, the opening of off-shore resources, and drilling in the far north will cause water recycling and remediation costs to escalate further. The Gulf of Mexico oil leak disaster will accelerate regulatory standards. Wescorp believes that there will also be a move toward accelerated industry investment to water cleaning and reuse, rather than continuous consumption, contamination and disposal.
The primary technologies utilized by industry to separate oil and water, such as heat, gravity and time, have not meaningfully changed for over 50 years, and have limited effectiveness. Technological additions, such as filters and chemicals, have enabled improved effectiveness, but at increased cost, liability and with limited reliability. Even with filters and chemicals, contaminated water can only be disposed of in great volume as waste, rather than recycled "
Wescorp Energy Inc. (OTCBB: WSCE) 's H2Omaxx utilizes proprietary next generation aeration technology to clean and separate oil and solids from water. It is a proven safe, effective, economical and environmentally-friendly process.
Independent test results have shown the H20maxx technology to reduce the oil content in produced water to less than 10 parts per million without the use of chemicals, filters or heat.
Water Stocks Sector Trading Snapshot
  • American Water Works (NYSE: AWK) trading at $28.52, up 0.23 (0.80%) 11:08AM EDT
  • Aqua America, Inc. (NYSE: WTR ) trading at 21.42, up 0.12 (0.56%) 11:06AM EDT
  • Heckmann Corporation (NYSE: HEK) trading at $5.74, down 0.01 (0.17%) 11:09AM EDT
  • ITT Corporation (NYSE:ITT) trading at $55.68, up 1.11 (2.03%) 11:09AM EDT
  • Nalco (NYSE:NLC)
  • Pentair, Inc. (NYSE: PNR) trading at$37.60, up 0.35 (0.94%) 11:17AM EDT
  • Primo Water Corporation (NASDAQ:PRMW) trading at $12.75, up 0.17 (1.35%) 10:01AM EDT
  • Valmont Industries, Inc. (NYSE: VMI ) trading at $95.02, up 0.65 (0.69%) 11:07AM EDT
  • Watts Water Technologies, Inc. (NYSE: WTS ) trading up at $32.76, up 0.26 (0.80%) 11:10AM EDT
  • Wescorp Energy Inc. (OTCBB: WSCE ) trading at $0.0619
Research more water stocks with the Investorideas.com water stocks directory:
http://www.investorideas.com/Water-Stocks/Stock_List.asp
About our water investor portal:
www.Water-Stocks.com, an investor portal within the InvestorIdeas.com content umbrella, offers water investors sector- close- ups, research tools, news, Blogs, online conferences, Podcasts , interviews and a directory of public companies within the water sector .
Investors following the sector can find research tools, news and global water stock directory to find opportunities within the growing sector. The stock directory features water stocks ranging from desalination companies to bottled water stocks, to infrastructure, water treatment and technology as well as other sub sectors.
Investorideas.com initiated a soft launch its new water newswire - www.waternewswire.com for World Water Week to increase its coverage in the sector.
About InvestorIdeas.com:
InvestorIdeas.com is a leader in investor stock research by sector. Sectors we cover include; cleantech and renewable energy stocks, biotech stocks, mining and gold stocks, energy stocks, water, tech, defense stocks, nanotech, agriculture and gaming.
Become an Investor Ideas member and access our water stocks directory and all cleantech stock directories.
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Disclosure/disclaimer -Wescorp (OTCBB: WSCE is a previously paid advertising showcase stock by a third party; 2500 per month. Investorideas.com owns 65,000 shares) Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured showcase companies MSEX, news submissions and online advertising. Compensation Disclosure and disclaimers: www.InvestorIdeas.com/About/Disclaimer.asp, www.investorideas.com/About/News/Clientspecifics.asp
For More Information Contact:
Water-stocks.com
Dawn Van Zant 800-665-0411
Email: dvanzant@investorideas.com
Web Site: www.InvestorIdeas.comwww.water-stocks.com
Source: Water-Stocks.com, Investorideas.com
Gold and Mining Stocks; Currie Rose (TSX.V:CUI) (OTC:CUIRF) Prepares for 10,000 Metre Drill Program in Tanzania

ST. CATHARINES, ONTARIO - June 9, 2011 (Investorideas.com Mining stocks Newswire) - Currie Rose (TSX.V:CUI) (OTC:CUIRF) is pleased to announce that its 2011 field season in Tanzania is well underway and an initial 10,000 metres of drilling is scheduled to begin this month. The Company has been exploring a land package comprising hundreds of square kilometres in the prolific Lake Victoria Greenstone Belt since 2005. This summer will be the Company's busiest yet as it advances two major projects.
Sekenke Project
A report by Perth-based Earthsan Pty Ltd. has provided Currie Rose with a new satellite imagery interpretation (Landsat 7 ETN imagery) that has identified numerous zones of alteration at Sekenke coupled with strong structural evidence often associated with gold mineralization in the region. Of particular note is that the dominant northwest trending structure that transects Tanzania has been clearly shown to extend from the Handeni Gold District near Dar es Salaam through Sekenke. North-south cross cutting structures have also been identified within the package.
"We'll be drilling Sekenke for the first time ever this summer and we're extremely excited," stated Harold Smith, Currie Rose President and CEO. "This nearly 300-square kilometre land package surrounding two former high grade mines gives us a flagship property that we intend to explore and develop aggressively. We have completed an extensive amount of field work at Sekenke over the past couple of years, including just recently with more to come, and we believe the discovery potential is significant given all the geological evidence we've collected from our own work in addition to historical information. We're proceeding in a careful and systematic fashion with so many potential targets in order to conduct the most efficient and effective drill campaign possible."
Results from new rock and soil sampling at Sekenke are expected in the near future. A deep-penetrating IP (induced polarization) survey will be conducted and then all data will be analyzed in order to pinpoint the most prospective targets for the 5,000 metre Phase 1 program.
Mabale Hills Project
As important ground work continues at Sekenke, drilling will begin at Currie Rose's Mwamazengo Property later this month. Geochemical analysis has outlined a continuous anomaly over a few hundred metres that runs parallel to the west of the Mwamazengo discovery where previous drill results included notable high grade intercepts such as 34 metres grading 3.60 g/t Au, 12 metres grading 9.11 g/t Au, 63 metres grading 2.59 g/t Au, and 31 metres grading 5.97 g/t Au.
Company geologists are eagerly looking forward to revisiting Mwamazengo with a new drill program. The 6,000 metres drilled to date by Currie Rose has outlined a mineralized zone that is continuous for 240 metres along strike and down dip from the surface to approximately 200 metres and remains open at depth.
Elsewhere at Mabale Hills, Currie Rose will be conducting follow-up drilling at Sisu River, six kilometres northeast of Mwamazengo. A first-pass program late last year outlined a significant near-surface expression at Sisu River with a gold zone that is open both to the north and the south and also at depth. Upcoming drilling at Sisu River will target mineralization below that drilled in 2010 and will also seek to extend mineralization along strike.
Drilling will also be conducted at Currie Rose's Dhahabu Prospect, a few kilometres northeast of Sisu River.
BY ORDER OF THE BOARD OF DIRECTORS OF CURRIE ROSE RESOURCES INC.
Harold Smith, President
The technical information in this News Release has been reviewed and approved by Michael Griffiths MAusIMM, a qualified person as defined by National Instrument No. 43-101, and a Director of Currie Rose Resources Inc. and Executive Director of Chalice Gold Mines Limited.
"This news release includes certain forward-looking statements or information. All statements other than statements of historical fact included in this release, including, without limitation, statements relating to the potential mineralization and geological merits of the and properties and other future plans, objectives or expectations of the Company are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's plans or expectations include risks relating to the actual results of current exploration activities, fluctuating gold prices, possibility of equipment breakdowns and delays, exploration cost overruns, availability of capital and financing, general economic, market or business conditions, regulatory changes, timeliness of government or regulatory approvals and other risks detailed herein and from time to time in the filings made by the Company with securities regulators. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable securities legislation."
Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contact:
Harold Smith
Currie Rose Resources Inc.
President
(905) 688-9115
www.currierose.com

Request News and Info on CUI
Disclaimer/ Disclosure: Currie Rose Resources Inc. (TSX.V: CUI) (OTC:CUIRF) is a showcase mining stock; 3 month mining stock showcase profile staring April 28 2011, online mining conference May 25 (two thousand five hundred).
Security Industry News; Visualant (OTCBB:VSUL) Closes RATLab Acquisition; Consolidation of Intellectual Property and Scientific Leadership

SEATTLE - June 9, 2011 (Investorideas.com Defense Newswire) - Visualant, Inc. (OTCBB: VSUL), a pioneer provider of industry-leading identification solutions, announced today that it closed the acquisition of all Visualant related assets of the RATLab LLC.
The RATLab LLC is a Seattle based research and development laboratory created by Dr. Tom Furness, founder and Director of the HITLab International, with labs at Seattle, University of Canterbury in New Zealand, and the University of Tasmania in Australia. Guided by Dr. Tom Furness and Dr. Brian Schowengerdt, a research scientist in the field of optics and vision science, the RATLab LLC developed the Spectral Pattern Matching ("SPM") technology under contract for Visualant.
With this acquisition, Visualant consolidates all intellectual property relating to the SPM technology. In addition to its current authentication and security applications of SPM, Visualant now owns all other applications including the important fields of medicine, agriculture, and the environment and will begin the creation of its laboratory.
With the closing of this asset acquisition transaction, Dr. Tom Furness and Dr. Brian Schowengerdt will continue to provide technology leadership to Visualant under consulting agreements with the Company.
Dr. Furness stated, "We are very pleased to begin the process of moving all the Visualant intellectual property and scientific leadership to the Company. Coupled with the new innovations that will come out of Visualant Laboratory, we believe the applications of the SPM technology can grow rapidly, and we look forward to our active involvement in that effort."
Ron Erickson, Visualant CEO said, "We are thrilled to be able to bring all of these intellectual property and human assets together. Dr. Furness, Dr. Schowengerdt, and the wonderful research team at the RATLab have done brilliant work. With this acquisition, Visualant will build its own laboratory to continue the research and development of SPM technology."
About Visualant, Inc.
Visualant, Inc. (OTCBB: VSUL) develops low-cost, high speed, light-based security and quality control solutions for use in homeland security, anti-counterfeiting, forgery/fraud prevention, brand protection and process control applications. Our patent-pending technology uses controlled illumination with specific bands of light, to establish a unique spectral signature for both individual and classes of items. When matched against existing databases, these spectral signatures allow precise identification and authentication of any item or substance. This breakthrough optical sensing and data capture technology is called Spectral Pattern Matching ("SPM"). SPM technology can be miniaturized and is easily integrated into a variety of hand-held or fixed mount configurations, and can be combined in the same package as a bar-code or biometric scanner.
Through its wholly owned subsidiary, TransTech Systems, Inc., the Company provides security and authentication solutions to security and law enforcement markets throughout the United States.
Contact:
Visualant, Inc.:
Lynn Felsinger
206 903 1351
Lynn@visualant.net
Investor Relations
Paul DeRiso
Core Consulting Group
925-465-6088
paul@coreconsultingroup.com
Visualant, Inc. (OTCBB:VSUL) Featured showcase company on Investorideas.com and related security portals and blogs
Visit the showcase page: http://www.investorideas.com/CO/VSUL/
Disclosure and Disclaimer: Visualant, Inc. (OTCBB:VSUL) is a paid advertising featured showcase company on Investorideas.com and related security portals and blogs.
(1500 per month and $five thousand per month in restricted 144 shares)
More Info: Research more defense and security stocks with the defense stocks directory
Renewable Energy Stocks News Alert; Juhl Wind, Inc. (OTCBB: JUHL) Reports Services Contract Valued at $900,000 for Recently Completed Adams and Danielson Wind Farms in Minnesota

June 9, 2011 (Investorideas.com renewable energy/green newswire) � Investorideas.com reports the following wind news from Juhl Wind Inc. (OTCBB:JUHL):
WOODSTOCK, Minn. - Juhl Wind Inc. (OTCBB:JUHL.ob), the Leader in Community Wind Power, reports the commencemnet of a new wind farm maintenance services contract for the recently completed Adams and Danielson wind farms located in Meeker County in West Central Minnesota. Juhl completed the development and construction of the wind farms, representing nearly 40 MW of wind power generation, in March 2011. Each project cost approximately $42 million and both were completed and put into commercial operation in mid-March 2011. The projects were completed on time and under budget. Juhl served as the developer and owner's representative for the construction and commissioning phase of the projects. Shortly after completing the startup of each wind farm, Juhl received a contract to supply full-scale turbine maintenance services to each system, for an initial 2 year term, estimated at approximately $900,000.
The Company first announced the development of the Adams and Danielson wind farms in December 2009 and subsequently announced the start-up of construction in October 2010. Each project utilizes twelve Alstom Eco 86 Wind Turbine Generators and the clean energy generated is being purchased by Xcel Energy under the terms of a 20 year, 19.8 MW Power Purchase Agreement with each wind farm. The wind farms incorporate one of Juhl Wind's "Community Wind" based structures in which ownership is shared with the farmers whose land on which the system is located.
"The Adams and Danielson wind farms represent our approach to providing the full range of wind farm services to our customers," stated Dan Juhl, Chairman and CEO of Juhl Wind Inc. "For each project, we provided the full set of development services, arranged financing and then oversaw construction and system start-up. Now, we will be providing the ongoing turbine maintenance services and we would expect that relationship to continue for many years to follow the initial term."
"Our contract to provide services to the Adams and Danielson wind farms is a direct example of the expansion of our service business in 2011," added John Mitola, President of Juhl Wind Inc. "We told investors in our 2011 Outlook call that we had a plan to dramatically expand our Operations and Maintenance subsidiary, Juhl Energy Services, in 2011 and beyond and this contract is an important first step. We expect growth in our service business to come from wind farms we develop and from those in our region, owned and operated by other long-term trading partners and local owners. This is one of two areas we expect to grow alongside our core development business � our service business, Juhl Energy Services, and our wind farm ownership business, Juhl Wind Asset Investment, Inc. We announced our first major growth step in wind farm ownership a month ago with our acquisition of the Woodstock Hills wind farm and now we are announcing this growth initiative for our service business. In this way, our investors can see we continue to execute on our overall plan for growth."
About Juhl Wind Inc.
Juhl Wind is an established leader in Community Based Wind Power development and management, focused on wind farm projects throughout the United States and Canada. Juhl Wind pioneered community-based wind farms, developing the currently accepted financial, operational and legal structure providing local ownership of medium-to-large scale wind farms. To date, the Company has completed 18 wind farm projects and provides operations management and oversight across most of the portfolio. Juhl Wind services every aspect of wind farm development from full development and ownership, general consultation, construction management and system operations and maintenance. With its April 2011 acquisition of the Woodstock Hills wind farm, the Company now owns and operates a 10.2 MW wind farm. Through its Next Generation Power Systems subsidiary ("NextGen'), Juhl Wind also provides full sales and service to smaller, on-site wind and solar projects in addition to our larger Community Wind Farms. Juhl Wind is based in Woodstock, Minnesota and is traded on the OTCBB under the symbol 'JUHL'. Additional information is available at the Company's website at www.juhlwind.com or by calling 877-584-5946 (or 877-JUHLWIN).
Juhl Wind Investor Relations
Jody Janson
iStockDaily, Inc.
Phone: (888) 438-JUHL (438-5845)
Email: jody@istockdaily.com
FORWARD LOOKING STATEMENTS
This news release includes forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 including statements that reflect Juhl Wind's current expectations about its future results, performance, prospects and opportunities. Juhl Wind has tried to identify these forward-looking statements by using words and phrases such as "may," "will," "expects," "anticipates," "believes," "intends," "estimates," "plan," "should," "typical," "preliminary," "hope," or similar expressions. These forward-looking statements are based on information currently available to Juhl Wind and are subject to a number of risks, uncertainties and other factors that could cause Juhl Wind's actual results, performance, prospects or opportunities in the remainder of 2011 and beyond to differ materially from those expressed in, or implied by, these forward-looking statements and specifically those statements referring to any specific projects mentioned herein. New projects are subject to large, third party risks that may not be in control of Juhl Wind including the timing of funding and actual construction. The wind farms noted above are large-scale construction and service projects for which Juhl Wind may or may not be the primary contractor for the provision of such services. These risks are referenced in Juhl Wind's current 8K or as may be described from time to time in Juhl Wind's subsequent SEC filings; and such factors as incorporated by reference.
Published at Investorideas.com Green Newswire
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Disclaimer: The following news/content is paid for as part of the JUHL (three thousand per month of News release services) Investorideas.com is a third party publisher of news and research Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising.
InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing, covering leading industry sectors including Wind and Energy stocks.
Disclaimer: The following news/content is paid for as part of the JUHL (three thousand per month of News release services) Investorideas.com is a third party publisher of news and research Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising.
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Source: Source: Juhl Wind Inc. (OTCBB:JUHL)

Wednesday, June 08, 2011

Wind Energy Stocks; Juhl Wind, Inc. (OTCBB: JUHL) Announces 2-Year Service Contract for Two, 20 Megawatt Wind Farms, Estimated at $900,000


WOODSTOCK, Minn. - June 8, 2011 (Investorideas.com renewable energy/green newswire) - Juhl Wind Inc. (OTCBB:JUHL.ob), the Leader in Community Wind Power, today announced the recent start of a new wind farm maintenance services contract for the recently completed Adams and Danielson wind farms located in Meeker County in West Central Minnesota. Juhl completed the development and construction of the wind farms, representing nearly 40 MW of wind power generation, in March 2011. Each project cost approximately $42 million and both were completed and put into commercial operation in mid-March 2011. The projects were completed on time and under budget. Juhl served as the developer and owner's representative for the construction and commissioning phase of the projects. Shortly after completing the startup of each wind farm, Juhl received a contract to supply full-scale turbine maintenance services to each system, for an initial 2 year term, estimated at approximately $900,000.
The Company first announced the development of the Adams and Danielson wind farms in December 2009 and subsequently announced the start-up of construction in October 2010. Each project utilizes twelve Alstom Eco 86 Wind Turbine Generators and the clean energy generated is being purchased by Xcel Energy under the terms of a 20 year, 19.8 MW Power Purchase Agreement with each wind farm. The wind farms incorporate one of Juhl Wind's "Community Wind" based structures in which ownership is shared with the farmers whose land on which the system is located.
"The Adams and Danielson wind farms represent our approach to providing the full range of wind farm services to our customers," stated Dan Juhl, Chairman and CEO of Juhl Wind Inc. "For each project, we provided the full set of development services, arranged financing and then oversaw construction and system start-up. Now, we will be providing the ongoing turbine maintenance services and we would expect that relationship to continue for many years to follow the initial term."
"Our contract to provide services to the Adams and Danielson wind farms is a direct example of the expansion of our service business in 2011," added John Mitola, President of Juhl Wind Inc. "We told investors in our 2011 Outlook call that we had a plan to dramatically expand our Operations and Maintenance subsidiary, Juhl Energy Services, in 2011 and beyond and this contract is an important first step. We expect growth in our service business to come from wind farms we develop and from those in our region, owned and operated by other long-term trading partners and local owners. This is one of two areas we expect to grow alongside our core development business � our service business, Juhl Energy Services, and our wind farm ownership business, Juhl Wind Asset Investment, Inc. We announced our first major growth step in wind farm ownership a month ago with our acquisition of the Woodstock Hills wind farm and now we are announcing this growth initiative for our service business. In this way, our investors can see we continue to execute on our overall plan for growth."
About Juhl Wind Inc.
Juhl Wind is an established leader in Community Based Wind Power development and management, focused on wind farm projects throughout the United States and Canada. Juhl Wind pioneered community-based wind farms, developing the currently accepted financial, operational and legal structure providing local ownership of medium-to-large scale wind farms. To date, the Company has completed 18 wind farm projects and provides operations management and oversight across most of the portfolio. Juhl Wind services every aspect of wind farm development from full development and ownership, general consultation, construction management and system operations and maintenance. With its April 2011 acquisition of the Woodstock Hills wind farm, the Company now owns and operates a 10.2 MW wind farm. Through its Next Generation Power Systems subsidiary ("NextGen'), Juhl Wind also provides full sales and service to smaller, on-site wind and solar projects in addition to our larger Community Wind Farms. Juhl Wind is based in Woodstock, Minnesota and is traded on the OTCBB under the symbol 'JUHL'. Additional information is available at the Company's website at www.juhlwind.com or by calling 877-584-5946 (or 877-JUHLWIN).
Juhl Wind Investor Relations
Jody Janson
iStockDaily, Inc.
Phone: (888) 438-JUHL (438-5845)
Email: jody@istockdaily.com
FORWARD LOOKING STATEMENTS
This news release includes forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 including statements that reflect Juhl Wind's current expectations about its future results, performance, prospects and opportunities. Juhl Wind has tried to identify these forward-looking statements by using words and phrases such as "may," "will," "expects," "anticipates," "believes," "intends," "estimates," "plan," "should," "typical," "preliminary," "hope," or similar expressions. These forward-looking statements are based on information currently available to Juhl Wind and are subject to a number of risks, uncertainties and other factors that could cause Juhl Wind's actual results, performance, prospects or opportunities in the remainder of 2011 and beyond to differ materially from those expressed in, or implied by, these forward-looking statements and specifically those statements referring to any specific projects mentioned herein. New projects are subject to large, third party risks that may not be in control of Juhl Wind including the timing of funding and actual construction. The wind farms noted above are large-scale construction and service projects for which Juhl Wind may or may not be the primary contractor for the provision of such services. These risks are referenced in Juhl Wind's current 8K or as may be described from time to time in Juhl Wind's subsequent SEC filings; and such factors as incorporated by reference.
About InvestorIdeas.com:
InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing, covering leading industry sectors including Wind and Energy stocks.
Disclaimer: The following news/content is paid for as part of the JUHL (three thousand per month of News release services) Investorideas.com is a third party publisher of news and research Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising.
Investorideas.com Disclaimer: http://www.investorideas.com/About/Disclaimer.asp
Investorideas.com Disclosure: http://www.investorideas.com/About/News/Clientspecifics.asp
Source: Investorideas.com, Juhl Wind Inc.
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Published at www.Investorideas.com
Oil and Gas Stocks News; In a New Audio Interview at SmallCapVoice.com, Robert McIntosh, President & C.E.O. of American Petro-Hunter, Inc. (OTCBB: AAPH), Provides Details Regarding Recent News

AUSTIN, Texas - June 8, 2011 (Investorideas.com energy newswire) - SmallCapVoice.com, Inc. announced today that a new audio interview featuring, American Petro-Hunter, Inc. (OTC.BB:AAPH) is now available. The interview can be heard http://smallcapvoice.com/blog/6-7-11-audio-interview-with-american-petro-hunter-inc-otcbb-aaph/
SmallCapVoice is a recognized corporate investor relations firm, with clients nationwide, known for its ability to help emerging growth companies build a following among retail and institutional investors. SmallCapVoice utilizes its stock newsletter to feature its daily stock picks, audio interviews, as well as its clients' financial news releases.
SmallCapVoice also offers individual investors all the tools they need to make informed decisions about the stocks they are interested in. Tools like stock charts, stock alerts, and Company Information Sheets can assist with investing in stocks that are traded on the OTC QB, OTC QX and OTC Pink. To learn more about SmallCapVoice and their services, please visit http://www.smallcapvoice.com/services.html.
To sign up for the free small cap stock newsletter, The Small Cap Daily, please visit http://smallcapvoice.com/newsletter.html
About American Petro-Hunter, Inc. (OTCBB: AAPH)
The Company is a goal-oriented exploration and production (E&P) Company aiming to become an intermediate level oil and gas producer within 12 months. The Company is in production at the Poston Project in Trego County Kansas with new drilling activity and production underway at the North Oklahoma Oil Project. With the achievable target of becoming a 1000 BOE producer as our goal, American Petro-Hunter is actively on the "hunt" for domestic petroleum assets. Visit us at: www.americanpetrohunter.com
Contact:
Investor Relations:
Mountainview IR Services, Inc.
1-888-521-7762
investors@americanpetrohunterinc.com
Contact for SmallCapVoice.com:
Stuart T. Smith
512-267-2430
info@smallcapvoice.com
Visit the AAPH showcase profile at Investorideas.com
Request News and Info on AAPH
Disclosure, Disclaimer/ AAPH is a paid advertising client on Investorideas.com.
American Petro-hunter Inc. (AAPH.OB) showcase energy stock on Investorideas.com and energy portals and blogs (averages two thousand per month)
Biotech/Medical Technology Stock News; Aethlon Medical (OTCBB: AEMD) to Discuss Recent Progress at the LHA Life Sciences & Medical Technologies Virtual Conference on June 16

SAN DIEGO � June 8, 2011 (Investorideas.com newswire) - Aethlon Medical, Inc. (OTCBB: AEMD) the pioneer in developing therapeutic filtration devices to address infectious disease and cancer, announces that Chairman and CEO James A. Joyce will provide a company overview, discuss recent developments and review upcoming milestones at the 5th LHA Life Sciences & Medical Technologies Virtual Conference.
The webcast presentation will be available Thursday, June 16, 2011, at 10:00 a.m. Pacific time (1:00 p.m. Eastern time) by visiting the Company's website at: www.aethlonmedical.com
Aethlon further disclosed that Company President Rodney S. Kenley will discuss the role of the Aethlon Hemopurifier® in the treatment of hepatitis C virus (HCV) in a presentation tomorrow at the 20th International Vicenza Course of Hemodialysis and CKD in Vicenza, Italy. The Aethlon Hemopurifier® is first-in-class therapeutic filtration device that selectively removes infectious viruses and immunosuppressive toxins from the entire circulatory system through the use of dialysis machines and other blood circulatory pumps already located in hospitals and clinics worldwide. Mr. Kenley's presentation, "The Treatment of HCV with Affinity Plasmapheresis on Dialysis Machines," will focus on treating HCV in existing dialysis clinics with no change in infrastructure or capital investments. The Hemopurifier® can be used to treat HCV in dialysis patients, in whom the prevalence of HCV is over 100 times higher than the general population, as well as non-dialysis patients. Access to Mr. Kenley's slide presentation will be provided on the Aethlon Medical website after the conclusion of the event.
About Aethlon Medical
The Aethlon Medical mission is to create innovative devices that address unmet medical needs in cancer, infectious disease, and other life-threatening conditions. The Aethlon ADAPT� system is an expansive technology platform that converges affinity drug agents and plasma membrane technology to create therapeutic filtration devices that selectively target the removal of harmful particles from the entire circulatory system. Our lead therapeutic candidate is the Aethlon Hemopurifier®, a device with broad-spectrum capabilities against viral pathogens and immunosuppressive cancer exosomes. In human studies, Hemopurifier® therapy has provided significant viral load reductions in HIV and hepatitis C virus infected individuals without the administration of antiviral drugs. We are now focused on advancing our Hemopurifier® as an adjunct strategy to improve the benefit of established infectious disease and cancer treatment regimens. Based on studies conducted by government and non-government research organizations, the Hemopurifier® is also a leading broad-spectrum treatment candidate to address bioterror and pandemic threats. For more information, please visit www.aethlonmedical.com.
Certain of the statements herein may be forward-looking and involve risks and uncertainties. Such forward-looking statements involve assumptions, known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Aethlon Medical, Inc. to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements. Such potential risks and uncertainties include, without limitation, the ability for the Company to derive business partnerships or future revenue streams using the Aethlon ADAPT� system, the Aethlon ADAPT� systems' ability to selectively remove disease-related particles from the entire circulatory system without the loss of essential blood components or its ability to eliminate the need to infuse drug agents into the body, the Company's ability to commercialize its Hemopurifier® in India, the capability of the Hemopurifier® to reduce viral loads and other disease conditions or to identify or treat disease conditions such as cancer or Hepatitis-C, including the ability to capture exosomes and the impact that potential ability may have on disease conditions, the Company's ability to raise capital when needed, the Company's ability to complete the development of its planned products, the ability of the Company to obtain FDA and other regulatory approvals permitting the sale of its products, the Company's ability to manufacture its products either internally or through outside companies and provide its services, the impact of government regulations, patent protection on the Company's proprietary technology, product liability exposure, uncertainty of market acceptance, competition, technological change, and other risk factors. In such instances, actual results could differ materially as a result of a variety of factors, including the risks associated with the effect of changing economic conditions and other risk factors detailed in the Company's Securities and Exchange Commission filings.
Contacts:
James A. Joyce
Chairman, CEO
858.459.7800 x301
jj@aethlonmedical.com
Jody Cain
Senior Vice President, Lippert/Heilshorn & Associates
310.691.7100
jcain@lhai.com
Jim Frakes
Chief Financial Officer
858.459.7800 x300
jfrakes@aethlonmedical.com
John P. Salvador
Director, Communications & Investor Relations
858.459.7800 x307
jps@aethlonmedical.com
AETHLON MEDICAL INC (OTC BB: AEMD) is a Showcase biotech, biodefense and defense stock on Investorideas.com ($one thousand five hundred per month, $five thousand per month in 144 stock)
Effective March 15, 2011
Gold Stocks; GOLD BULLION (TSX-V: GBB) IDENTIFIES STRONG, NEW VEIN STRUCTURE AT CASTLE SILVER MINE, GOWGANDA

VANCOUVER - June 8, 2011 (Investorideas.com Mining stocks Newswire) - Gold Bullion Development Corp. (CDNX:GBB.V) (Other OTC:GBBFF.PK) ("Gold Bullion") announces that it has completed a 43-101 Technical Report on its Castle Silver Mine property, which has been filed on SEDAR and can also be viewed on the Company's website at http://www.GoldBullionDevelopmentCorp.com. Gold Bullion is nearing completion of its 6000m first-phase drill program with a total of 4861 metres, as of May 31st, having been completed in 10 holes. A strong new vein structure was identified at the location of the first IP target tested.
The Company's Castle Silver Mine property, located 85 kilometres northwest of the historic silver camp in Cobalt, Ontario consists of 34 leased mining claims and two licenses of occupation located in Haultain and Nicol Townships, covering approximately 564.4 hectares. The mine has been in operation at various times from 1917 to 1989 and produced a total of 763,127,010 grams of silver from the No. 3 shaft. This included Agnico-Eagle Mines Ltd.'s production from 1979 to 1989 which came to 101,024 tonnes milled; 91,421,294 grams silver; 34,597 kilograms cobalt and 10,180 kilograms copper. Operations shut down in 1989 due to low silver prices.
Mine workings were originally accessed by an adit level entrance on the 21.3 metre (70-foot) level as well as a vertical shaft. Water level measurements have ascertained that this uppermost level is above the mine's water level. Based on this determination, the Company has submitted a preliminary closure plan to allow the re-opening of the adit to map and re-sample this upper level. This can be done without having to dewater the mine. Once this initial re-evaluation has been completed, the Company will determine whether to proceed with the complete dewatering of the workings.
The mandate of this first phase of drilling is to identify the geometry and stratigraphy of the mafic diabase intrusive sill to which the silver-cobalt quartz-carbonate veins are spatially related. Of particular importance are fault structures sub-parallel to the contacts of this intrusive body. The drilling is attempting, at the same time, to define the strength of known vein structures from historic workings as well as testing specific IP targets identified by a recent geophysical survey.
To date, several significant vein structures have been intersected. The potential extensions to two strong historical structures have been tested but need further work before they can be confirmed. No sample analyses have been received to date. In keeping with the aim of mapping the stratigraphy of the 300m-thick intrusive sill, four holes have traversed the entire thickness enabling a detailed analysis of subtle differences in mineralogy and alteration and the identification of the location the low-angle faults which are important mineralization indicators.
Historically, exploration in the Gowganda - Elk Lake area has focused on the upper one-third of the Nipissing diabase sill and most of the resulting historic production from the Gowganda area has been mined from this horizon. However, an estimated 75 percent or more of the silver mined from all the silver mines between Gowganda and Silver Centre in South Lorrain south of Cobalt, Ontario - has been mined from outside this horizon.
About Gold Bullion Development Corp.
Gold Bullion Development Corp. is a TSX Venture listed junior natural resource company focusing on the exploration and development of its Granada Gold Property near Rouyn-Noranda, Quebec, and its high grade Castle Silver Mine in Gowganda, Ontario.
For more information on Gold Bullion Development Corp. (TSX-V: GBB, OTC PK: GBBFF), visit our web site: http://www.GoldBullionDevelopmentCorp.com
Qualified Person
Mr. Doug Robinson, P.Eng., is the qualified person as defined by National Instrument 43-101 who supervised the preparation and verification of the technical information in this release.
"Frank J. Basa"
Frank J. Basa, P.Eng.
President and Chief Executive Officer
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
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