MI3 Communications Financi�res proudly launches it's s new Market Intelligence program with Entr�e Gold, ETG.TO
a Canadian mineral exploration company focused on the worldwide exploration and development of copper and gold projects.
*** The Company's Lookout Hill property in Mongolia completely surrounds Ivanhoe Mines' Oyu Tolgoi project. A portion of the Lookout Hill property is subject to a joint venture with Ivanhoe Mines, through its subsidiary Oyu Tolgoi LLC. The joint venture property hosts the Hugo North Extension copper-gold deposit and the Heruga copper-gold-molybdenum deposit.
*** In North America, the Company is exploring for porphyry-related copper systems in Nevada, Arizona, New Mexico. The primary asset in Nevada is the Ann Mason property, which contains a deposit with an inferred mineral resource estimate and potential to upgrade as well as expand. The property also hosts the Blue Hill copper oxide target located approximately 3 km northwest of Ann Mason
HIGHLIGHTS:
- Announcement of encouraging assay results from three deep diamond drill holes on the Ann Mason deposit in Nevada, including 584 metres averaging 0.34% copper or 0.38% copper equivalent ("CuEq") in hole EG-AM-10-002 (see news release dated April 29, 2011). This extends mineralization 100 metres north of the nearest historic drill hole at Ann Mason;
- In Mongolia, Entr�e-Oyu Tolgoi LLC joint venture property drilling is underway: -one drill rig is testing the continuation of mineralization north of the currently defined reserves on Hugo North Extension; and - a second drill rig has been mobilized to focus on the So uthwest Heruga target;
- Onset of work program on Entree's 100% owned Shivee West property in Mongolia;
- Sale of non-core assets, netting over US$3,000,000;
- Acquisition of Honey Badger Exploration's interest in the Blackjack property, further consolidating Entr�e's ground position in the Yerington copper camp, Nevada;
- Submission of Supreme Decree application for the Lukkacha project in Peru;
- Continuation of exploration and infill drilling at the Ann Mason property with 12,940 metres drilled to June 30, 2011 (both diamond drilling and reverse circulation);
- Drilling at the Blue Hill property copper target with 6,824 metres drilled to June 30, 2011;
- Closure of Beijing office in China as of June 30, 2011; and
- Net loss of US$3,617,950 for the three months ended June 30, 2011.
The Hugo North Extension and Heruga deposits comprise part of the Oyu Tolgoi copper-gold mining complex in Mongolia. Rio Tinto is manager of the project. On August 4, 2011, Rio Tinto announced that first ore production from Oyu Tolgoi is expected by late 2012 with commercial production commencing in 2013.
Please find enclosed Entr�e Gold fact sheet and the link to their website.
Feel free to call us for additional information:
TEL: (514)-904-1333
Nathalie Dion, Project manager
Danny Paulson, Marketing support
Paul Benwell, Market technician
Patrick Kairns, Market technician
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New World Resource Corp.
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CODE : NW.V |
ISIN : CA6492971081 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
New World Res. est une société d’exploration minière d'or et de cuivre basée au Canada. New World Res. détient divers projets d'exploration en USA et en Bolivie. Ses principaux projets en exploration sont LONG VALLEY PROJECT en USA et PASTOS GRANDES et LIPENA en Bolivie. New World Res. est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 2,7 millions CA$ (2,0 millions US$, 1,8 millions €). La valeur de son action a atteint son plus haut niveau récent le 11 février 2011 à 3,30 CA$, et son plus bas niveau récent le 06 novembre 2015 à 0,01 CA$. New World Res. possède 13 299 045 actions en circulation. |