Uxg Is One Of The 3 Stocks Shaking The Market: Uxg, Orfg, & Ltum
Last: $4.70
Last: $4.70
Recent News: 3 Stocks Shaking the Market
US GOLD CORPORATION (AMEX:UXG) is pleased to announce results from eighteen new core holes (Fig. 1, Table 1) at the El Gallo Project in Sinaloa State, Mexico. The three best results since May 18, 2010 are: 4.6 ounces of silver per ton (opt) over 125.0 feet (ft) (158.1 grams per tonne (gpt) over 38.1 meters (m), 8.3 opt silver over 60.7 ft (285.7 gpt over 18.5 m) and 3.0 opt silver over 91.5 ft (104.1 gpt over 27.9 m). In addition, El Gallos initial resource estimate is scheduled to be released in approximately four weeks.
US Golds drill program is one of the largest currently underway in Mexico and the company is anticipating a number of exciting developments over the coming months. First, an additional twenty core holes from El Gallo will be released in approximately two weeks. Second, El Gallos initial resource estimate will be published in four weeks. Third, additional drill results from regional exploration will be announced mid July. Work is also well underway on El Gallos Preliminary Economic Assessment (scoping study), which will be released by year-end. This is a very exciting time for US Golds shareholders.
Visit: http://www.usgold.com
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Last: $0.16
Orofino Gold Corp. (OTC BB: ORFG) is a Gold mining and development company well placed in Mexico and Columbia to prosper in the industry.
ORFG announced in April of 2010 that as result of the recent site visit and meetings with Colombian Geologists who are well informed on this area, it has been determined that current estimates for the area are that each of the areas of lode mines may prove to contain more than 1,000,000 ounces of Gold with a Silver credit (as seen in the recent assay results).
The major criteria for selection of gold site properties include:
* Significant historical production
* Favorable geology for hosting major ore bodies
* Significant property area for large target exploration
* Recent results available
* Favorable infrastructure and access to allow mine development
* Receptive local government and populace.
For more information on ORFG.OB visit http://www.orofinogold.com/
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LTUM, Lithium Corporation (OTC BB: LTUM.OB)
Last: 0.3750
Volume: 78,573
Lithium Corporation has completed the gravity survey at its Fish Lake property and results are being processed. Management and technical staff have been working on data regarding several potential prospects in Nevada. The results of this work will be announced after a thorough examination has been completed.
Lithium Corporation has been prioritizing drill targets on the Fish Lake Valley, Cortez, and Salt Wells properties in preparation for a drill program that could start in late summer or early fall.
The playas in Nevada have been wet this spring, particularly in Fish Lake Valley. These wet conditions affect access, and have significantly retarded the advancement of preparatory work programs, which precludes drilling in early summer.
About LTUM
Lithium Corporation engages in the identification, acquisition, and exploration of mineral properties with a focus on lithium mineralization in Nevada. It holds interests in the Fish Lake Vall ey property, located in west central Nevada; and the Fish Creek Caldera property, located in west-central Lander County, northern Nevada. The company was formerly known as Utalk Communications, Inc. and changed its name to Lithium Corporation on September 30, 2009. Lithium Corporation was founded in 2007 and is based in Reno, Nevada.
http://www.lithiumcorporation .com
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by: Blayne Sheffield
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