Wednesday, June 23, 2010

Industry Watch: Guest Host Eric Coffin talks gold and West Africa with Mike McInnins of Riverstone



Nationally syndicated radio show personality Al Korelin from the Korelin Economics Report hosts Industry Watch. This week guest host Eric Coffin, of HRA Advisories, interviews Michael McInnis, President and CEO of Riverstone Resources (RVS:TSX-V).

Mr. McInnis brings over 35 years of experience in mineral exploration in North America and overseas to the Company. He provides sound management expertise with over 25 years of experience in managing public resource companies and has a demonstrated track record in acquiring and developing high quality mineral projects. He serves on the Boards of several other minerals companies including Abacus Mining & Exploration Corp., Canasil Resources Inc. and Victoria Gold Corp. Mr. McInnis has primary managerial responsibility for the Company's activities.

Riverstone Resources Inc. is a Vancouver based Canadian company listed on the TSX Venture Exchange with the symbol RVS and quoted on the Frankfurt Stock Exchange with the symbol 3RV. The company holds extensive interests in gold exploration permits in Burkina Faso, West Africa -- an under-explored country with a highly attractive geological setting conducive to the discovery of mineral deposits. Four new gold mines were opened in the country in 2007-2008, as well as two new mines in 2010. Riverstone is well established in Burkina Faso and has been actively involved in exploration of its gold permits since 2003.

To learn more about Riverstone Resources visit http://www.riverstoneresources.com

To read about the Hard Rock Analysts and Eric Coffin visit http://hraadvisory.com/

To listen to the Korelin Economics Report visit http://www.kereport.com

To learn more about Industry Watch visit http://www.evenkeelmedia.com

Monday, June 21, 2010

Industry Watch: Al talks Gold projects with Greg McKelvey of Animas Resources



Nationally syndicated radio show personality Al Korelin from the Korelin Economics Report hosts Industry Watch. Al's guest is Greg McKelvey of Animas Resources Ltd. Mr. McKelvey, MS. Geol., has more than forty years of extensive, international experience in Latin America, Africa, and Europe in expanding responsibilities for signiificant mining companies such as Kennecott, Cominco, Homestake, and Phelps Dodge. He also acts as an Adjunct Faculty member at the University of Arizona in their International Center for Mining Health, Safety, and Environment and worked for the USGS in Latin America. He has also consulted for Lundin, Codelco, Phelps Dodge, Newmont Mining, Gerald Metals, and Quadra Mining.

Mr. McKelvey has successfully directed and led innovative exploration efforts, resulting in the discovery and identification of several major ore deposits. He participated in or led the teams that discovered Sossego (Cu/Au) in Brazil; Sheep Creek (Zn, Cu, Co) in Montana; Spar Lake--Cabinet Mts. (Cu, Ag) in Montana; Sechura, (P2O5) in Peru; extensions of the Punta de Cobre (Cu/Au) deposits in Chile; extensions of ore at Chino (Cu) in New Mexico; the Codelco IOCG discovery in Brazil, and the recent new porphyry copper center at Sierra Gorda in Chile

As the former VP of Exploration-Latin America for Phelps Dodge, Greg will lead for the strategic and tactical exploration plans for Animas Resources.

Animas Resources (TSX.V: ANI) Animas Resources Ltd., is a North American mineral resource company focused on acquisition and discovery of mineral deposits in the Americas. Their mission is to grow Animas Resources through discovery and acquisition of high quality mineral deposits and to build upon the historic gold resource base at Santa Gertrudis, Mexico, and maintain a pipeline of only the highest quality.

To learn more about Animas Resources visit http://www.animasresources.com

To listen to the Korelin Economics Report visit http://www.kereport.com

To learn more about Industry Watch visit http://www.evenkeelmedia.com

Thursday, June 17, 2010



Nationally syndicated radio show personality Al Korelin from the Korelin Economics Report hosts Industry Watch. Al's guest is Mark Brown of Rare Element Resources Ltd. Mark Brown is president and director of Pacific Opportunity Capital Ltd. Headquartered in Vancouver, BC, Pacific Opportunity is a financial consulting and merchant banking firm active in venture capital markets in North America. Mr. Brown is also an officer and director of a number of public and private companies, including Orphan Boy Resources, Barker Minerals, and Sutter Gold Mining. His corporate activities include transactions, financings and corporate financial planning. Prior to joining Pacific Opportunity, Mr. Browns background included managing financial departments of two TSE 300 mining corporations: Eldorado Gold and Miramar Mining.

Mr. Brown has a Bachelor of Commerce from the University of British Columbia and became a Chartered Accountant while with PriceWaterhouseCoopers.

Rare Element Resources Ltd (RES: TSX.V) is a publicly traded company having 100% interest in the Bear Lodge property, which contains one of the largest disseminated rare-earth deposits in North America (US Geological Survey Professional Paper 1049D) as well as extensive gold occurrences.

To learn more about Rare Element Resources visit http://www.rareelementresources.com

To listen to the Korelin Economics Report visit http://www.kereport.com

To learn more about Industry Watch visit http://www.evenkeelmedia.com


Nationally syndicated radio show personality Al Korelin from the Korelin Economics Report hosts Industry Watch. Al's guest is Del Steiner of Premium Exploration Inc. Mr. Steiner began his career in the junior exploration and mining sector in 1980 as an attorney and consultant specializing in environmental and mining law. Mr. Steiner was formerly President, CEO and Director of Idaho Consolidated Minerals Corp. (ICMC). During his tenure at ICMC, Mr. Steiner was involved in the development of over 600,000 oz Au on the Orogrande Shear Zone in Idaho, USA. He was also instrumental in helping Bema Gold obtain the original permitting for the Buffalo Gulch Gold Mine in 1992, prior to the mine being put on care and maintenance. Mr. Steiner took Premium Exploration public in the Spring of 2006 and is a Director of SNS Silver Corp.

In 2009, Premium Exploration Inc. (TSX-V:PEM) came out of one of the world's worst financial crisis' armed with a new management team, new gold properties and a strong long-term outlook on gold and other precious metals.

Our experienced management team is committed to adding ounces to our resource from every drill program. With ongoing exploration to develop a multi-million ounce gold target, Premium is on its way to revitalizing the historic Orogrande Shear Zone gold district in central Idaho, USA.

With 28 kilometers of potential high-grade gold open for exploration, Premium Exploration is developing what could be the next "Carlin Trend" in central Idaho.

To learn more visit http://www.premiumexploration.com/

To listen to the Korelin Economics Report visit http://www.kereport.com/

To learn more about Industry Watch visit http://www.evenkeelmedia.com/

Tuesday, June 15, 2010



June 2010 Cambridge House World Investment Conference featuring interviews with Lawrence Roulston, David Coffin, Marin Katusa, Marina Trasolini, Yale Simpson, Roger Wiegand, Gary Freeman, Hugh Clarke, Al Korelin, and Howard Fitch.

To learn more about the Cambridge House Conference visit http://www.cambridgehouse.ca

To listen to the Korelin Economics Report visit http://www.kereport.com

To learn more about Industry Watch with Al Korelin visit http://www.evenkeelmedia.com

Wednesday, June 2, 2010

Industry Watch: Al Korelin's Guest is Yale Simpson, Executive Chairman of Exeter Resource Corp.



Nationally syndicated radio show personality Al Korelin from the Korelin Economics Report hosts Industry Watch. For Wednesday June 2, 2010 Al's guest is Mr. Yale Simpson, Executive Chairman of Exeter Resource Corp. Al and Yale talk about the recently release drill results on its Caspiche Project in Chile which boasts a resource of 41.2 million gold equivalent ounces*.

Focused on building a mid tier mining company, Exeter Resource Corporation is a Canadian public company listed on the TSX and NYSE Amex exchanges. Its focus is the discovery, evaluation and development of gold deposits in the Maricunga district in Chile.

In April, 2010 the Company announced an updated resource on its giant gold-copper Caspiche porphyry project in the Maricunga district in northern Chile, which showed:

INDICATED RESOURCES: 14.3 m. ounces of gold, 3.5 billion pounds of copper and 33.6 m. ounces of silver+
INFERRED RESOURCES: 10.0 m. ounces of gold, 2.9 billion pounds of copper and 26.7 m. ounces of silver

The new gold equivalent endowment of Caspiche using only gold and copper now stands at:
INDICATED RESOURCES: 23.9 million gold equivalent ounces +
INFERRED RESOURCES*: 17.8 million gold equivalent ounces.

The interim indicated resource is 785 Mt (million metric tons) at a grade of 0.57 g/t gold (grams per metric ton) and 1.33 g/t silver including 690 Mt at a grade of 0.20% copper.

The additional inferred resource is 688 Mt at a grade of 0.45 g/t gold and 1.21 g/t silver, and includes 675 Mt at a grade of 0.19% copper.

The resource is a National Instrument 43-101 ("NI 43-101") compliant mineral resource estimate for Caspiche completed by independent AMEC International. This is an interim mineral resource estimate from drilling partially completed from the ongoing 2009-2010 program. This estimate uses all prior drilling from Exeter and third parties to end 2009, and includes all assay results received to Feb 6th, 2010.

Exeter's Caspiche Project in Chile (option to own 100% from Anglo American Chile Limitada) is a gold-copper porphyry system, a type of deposit common to many of the world's largest open pit gold-copper mines. It is located 15 kilometres (8 miles) south of Kinross Gold's Refugio mine (+6 million ounce gold resource), and 10 kilometres (6 miles) north of the very large Cerro Casale gold-copper deposit (24 million ounce gold resource), owned by Kinross Gold (25%)and Barrick Gold (75%).

In March 2010 Exeter shareholders approved the proposal to undertake a spin-out transaction pursuant to which the assets of Exeter would be separated into two highly focused companies. As a result, Exeter transferred to Extorre Gold Mines (XG) the Cerro Morro and Don Sixto projects and its exploration properties in Argentina, together with approximately $25 million in cash. Exeter retained all assets relating to the Caspiche gold-copper discovery in Chile, together with approximately $43 million (m) in working capital, to allow it to become a Maricunga district, Chile, focused exploration company.

The Company is curtailing its six rig drilling program in May due to the onset of winter conditions. A further estimated 10 kilometres of drilling is required to bring inferred resources into the indicated category, and to expand the resource from where it currently clearly remains open. This program is scheduled to recommence in October 2010.

An additional 15 kilometres of drilling has been conducted following that included in the last published resource, and a new resource is scheduled for September 2010.

The company is fast tracking infrastructure, metallurgical, engineering and environmental programs which will form an integral part of a prefeasibility study (PFS). The PFS will continue through 2011, and progress development studies have been scheduled for release in Q1 and Q4 next year.

The Company has budgeted C$22 million to conduct this program from March through to December 2010.

For details on the Cerro Moro Gold-Silver Project, the Don Sixto Project and other Argentinean exploration projects, please now proceed to the XG website.

For more information about Exeter Resource Corp. please visit: http://www.exeterresource.com

To learn more about the Korelin Economics Report visit http://kereport.com

To learn more about Industry Watch with Al Korelin visit http://evenkeelmedia.com


*AMEC chose to report the resource above a Au equivalent cutoff. For this they used prices of US$950/oz for Au and $2.30/lb for Cu. The formula used to calculate Au equivalents is Au(g/t) + Cu (%) * (Cu Price [$/lb]/Au Price [$/oz]) * (Rec Cu/Rec Au)*0.06857*10000. Where Rec = % recovery and 0.06857 = conversion g*lb/oz. Au and Cu are the block kriged Au and Cu grades. Projected metallurgical recoveries were 75% and 85% for Au and Cu respectively in sulphide material and 50% for Au in the oxide zone. Recoveries are based on benchmarking of similar deposits.