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Gold/Mining/Energy : The Molybdenum Discussion Board -- Ignore unavailable to you. Want to Upgrade?


To: basserdan who wrote (2983)6/12/2007 9:44:59 AM
From: Land Shark  Respond to of 3267
 
Edit: Don't know much about this company, but past drilling results look compelling to me. Nasty chart though.

Emgold to drill Molybdenum and Gold Properties in British Columbia

prnews

TSX Venture Exchange: EMR OTC Bulletin Board: EGMCF U.S. 20-F Registration: 000-51411 Frankfurt Stock Exchange: EML

VANCOUVER, June 12 /PRNewswire-FirstCall/ - Emgold Mining Corporation
("Emgold") is pleased to announce that it has contracted Aggressive Diamond
Drilling Ltd. to conduct 2,400 metres of drilling on its Stewart/Jazz
Molybdenum and Gold Property and the Rozan Gold Property, located in
southeastern British Columbia.

The main focus of the exploration project on the Stewart/Jazz Property is
to test an area that was previously explored and drilled by Shell Minerals and
Selco Inc. in the early 1980's. The exploration programs conducted by these
companies outlined three breccia phases that contain significant molybdenum
mineralization. In 1980 Shell's best drill intercept was 57 metres grading
0.46% MoS(2) (BC Ministry of Energy and Mines Assessment Report # 10072). A
total of 16 additional holes were drilled in 1981 by Shell and in 1983 by
Selco. Their results were summarized in the BC Ministry of Energy and Mines
Minfile # 082FSW229 Report which states that "the (Phase II) breccia zone
contains 204,000 tonnes of 0.37% MoS(2)." Reports by Selco indicated the
potential for a porphyry style molybdenum deposit adjacent to this Phase II
breccia zone (BC Ministry of Energy and Mines Assessment Report # 12251). The
historic resource calculation reported here is not NI 43-101 compliant and
must not be relied upon for investment purposes.

In late 2005, Emgold conducted a 500 metre diamond drill program to test
the historic drill results as part of a due diligence program. Due to the
favourable results from Emgold's drill program, additional drilling to expand
the Stewart Moly mineralized area is planned. MoS(2) results of significance
from Emgold's drill program are tabulated below:


DRILL HOLE FROM TO WIDTH MoS(2)
NO. (metres) (metres) (metres) (%)
-------------------------------------------------------------------------
-------------------------------------------------------------------------
05SM-01 1.00 138.70 137.70 0.051
-------------------------------------------------------------------------
Including 46.70 107.10 60.40 0.110
-------------------------------------------------------------------------
Including 59.10 62.30 3.20 0.449
-------------------------------------------------------------------------

-------------------------------------------------------------------------
05SM-02 0.00 92.35 92.35 0.059
-------------------------------------------------------------------------
Including 0.00 26.30 26.30 0.130
-------------------------------------------------------------------------
Including 0.00 16.15 16.15 0.189
-------------------------------------------------------------------------

-------------------------------------------------------------------------
05SM-03 0.00 85.65 85.65 0.041
-------------------------------------------------------------------------
Including 66.40 83.80 17.40 0.088
-------------------------------------------------------------------------
and 40.00 55.70 15.70 0.068
-------------------------------------------------------------------------
and 32.65 36.88 4.23 0.067
-------------------------------------------------------------------------
and 16.00 17.00 1.00 0.180
-------------------------------------------------------------------------

-------------------------------------------------------------------------
05SM-04 0.00 13.11 13.11 0.118
-------------------------------------------------------------------------
Including 10.90 12.00 1.10 0.292
-------------------------------------------------------------------------

-------------------------------------------------------------------------
05SM-05 0.00 75.29 75.29 0.313
-------------------------------------------------------------------------
Including 37.85 73.76 35.91 0.597
-------------------------------------------------------------------------
and 0.00 20.50 20.50 0.091
-------------------------------------------------------------------------
Note: Results above presented as MoS(2)% calculated from Mo% for
consistency with historic exploration results.



Adjacent to the Stewart Moly Zone is an area of historic tungsten
mineralization contained in massive sulphides that was explored in the 1940s
by Cominco Ltd. In conjunction with the molybdenum exploration, trenching and
drilling will be completed on the tungsten targets. Grab samples collected by
Emgold returned values of 1.23% WO(3) and 4.0% Zn from the historic trenches.
These trenches exposed a 1 metre wide mineralized zone for 300 metres along
strike. Historic tungsten grades along the entire strike length, reported by
Cominco averaged 1.0% WO(3).

15 kilometres southwest of the Stewart/Jazz Property, Emgold also owns the
Rozan Property which hosts gold mineralization. Gold on the Rozan Property is
found in quartz veins, sheeted veins and stockwork zones. A small (2-hole)
diamond drill program was completed on the Rozan Property by Emgold in 2000.
One hole intersected the main Rozan quartz vein and returned gold assay value
of 60.73 g/T over 0.25 metres. The second drill hole tested an area of sheeted
"Fort Knox style" quartz veinlets and returned 1.45 g/T Au over 4.1 metres. In
2007, Emgold will follow up these prior gold drill intercepts with an
additional 600 metres of diamond drilling.

Trenching is expected to commence on the Stewart/Jazz Property in late
July with drilling on Stewart/Jazz and Rozan Properties to follow in August.



To: basserdan who wrote (2983)6/14/2007 1:47:49 PM
From: basserdan  Respond to of 3267
 
Golden Phoenix Names Craig Patrick Vice President of Corporate Development

Thursday June 14, 12:38 pm ET

SPARKS, Nev., June 14 /PRNewswire-FirstCall/ -- Golden Phoenix Minerals, Inc. (OTC Bulletin Board: GPXM - News), is pleased to announce that Craig Patrick has joined the Company in the position of Vice President Corporate Development. Mr. Patrick will be working at both corporate headquarters and the Ashdown Project LLC in Denio, Nevada.

Craig Patrick is a 38-year mining industry veteran with underground and surface experience in both hard and soft rock mining throughout the United States, Australia, Latin America and Africa. He has served in numerous senior level positions with major mining companies, successfully streamlining new operations, reducing costs, directing employee relations and supervising new hires.

As VP Corporate Development, Mr. Patrick will initially focus on attracting mining talent as well as streamlining human resources, security, safety and purchasing at Ashdown, before assuming additional duties at corporate headquarters. David A. Caldwell, CEO of Golden Phoenix, welcomed Mr. Patrick, saying, "Craig is a multi-faceted manager who will help us create the environment to attract and retain top talent. Craig understands the importance of optimizing operations, for the sake of the employees as well as our shareholders. His drive and positive outlook will add to our momentum."

Mr. Patrick comes to Golden Phoenix from Phelps-Dodge Mining Company where he was a Resource Management Consultant focused on optimization of mine lifecycle costs. Prior to that, Mr. Patrick was Vice President of Kennecott Energy Company, where he oversaw Safety, Human Resources and Public Relations for operations in Montana, Wyoming and Colorado, with special emphasis on reorganizing and growing the company via acquisition and merger. Mr. Patrick has also served as Director of Operational Excellence and Safety for Asarco, Inc. in Tucson, Arizona, where, as a General Electric Certified Acceleration Process Facilitator, he oversaw the transition from a "compliance" to a "commitment" culture. Mr. Patrick was also Vice President for Human Relations for the Stillwater platinum/palladium mine expansion in Montana, and Regional Director for Cyprus Minerals, managing human resources and safety for its gold, lithium, copper and molybdenum operations throughout the US, Latin America and Africa.

Mr. Patrick emphasized that "I welcome the chance to participate in the design and growth of a junior mining company with Golden Phoenix's breath of opportunity. From the remarkable molybdenum of Ashdown, to the gold and silver of Mineral Ridge, and other opportunities, my ability to help our team bring this value to market is what truly excites me. Since the majority of my background is with large mining companies, I hope to contribute those specific operational skills that can accelerate the development of this young enterprise to its fullest potential."

Mr. Patrick received his B.S in Business Administration and Economics from the University of Arizona, and earned a Masters of Business Administration from the University of Phoenix. He is a recipient of the Chairman's International Safety Award for outstanding safety record at the Cerro Verde operation in Peru, the Sentinels of Safety Award for outstanding safety record at the Sierrita Operation, and a two-time winner of the Soaring Eagle Award for Outstanding Performance in Safety & Human Resources at Cyprus Mining Corporation.

Please visit the Golden Phoenix website at golden-phoenix.com

Golden Phoenix Minerals, Inc. is a Nevada-based mining company committed to deliver value to its shareholders by acquiring, developing and mining superior precious and strategic metal deposits in North America using competitive business practices balanced by principles of ethical stewardship. Golden Phoenix owns the Mineral Ridge gold and silver property near Silver Peak, Nevada, the Northern Champion molybdenum mine in Ontario, Canada, and is manager/operator and majority owner of the Ashdown Project LLC gold and molybdenum property held jointly by Golden Phoenix Minerals, Inc. and Win-Eldrich Mines, Ltd. of Toronto, Canada through its US subsidiary, Win-Eldrich Gold, Inc.

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