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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: Zincman who wrote (49136)	9/17/2007 8:51:13 PM
From: loantech	Read Replies (1) \| Respond to of 78419

Bell Resources options Zomelahuacan to Chesapeake 2007-09-17 14:16 ET - News Release See News Release (C-BL) Bell Resources Corp Mr. Brian Leeners of Bell Resources reports ASSIGNMENT OF ZOMELAHUACAN PROPERTY TO CHESAPEAKE GOLD CORP. Bell Resources Corp. has entered into a letter agreement with Chesapeake Gold Corp., wherein the company will assign up to 90 per cent of its right, title and interest in and to the Zomelahuacan property located in Veracruz, Mexico. Under the terms of the option agreement, in order to earn a 70-per-cent interest in and to the property, Chesapeake must: Make cash payments to the underlying owner of the property totalling $210,000 (U.S.) over a three-year period; Incur exploration expenditures totalling $900,000 (U.S.) over a three-year period. Assume payment of underlying property taxes on the property. Chesapeake may increase its interest in the property to a 90-per-cent interest by: Making a cash payment to the underlying owner of the property of $1.2-million (U.S.) by Dec. 19, 2011; Incurring $500,000 (U.S.) in exploration expenditures in 2011. Upon Chesapeake exercising the additional option, it will have a 90-per-cent interest in the property and the company will have a 10-per-cent interest in the property, subject to a 1-per-cent net smelter return (NSR) royalty in favour of the company and a 3-per-cent NSR royalty in favour of the underlying owner of the property. We seek Safe Harbor.

To: Zincman who wrote (49136)	9/18/2007 1:27:36 AM
From: marcos	Read Replies (2) \| Respond to of 78419

Sounds big now maybe, but it's the logical extension of what they have in hand, provided gold is 750+, silver 15ish or better, and zinc stays above say .90 ... assumes that Metates gets progressed the way Sierra Mojada is, at glacial speed but surely and well - that's the nature of both managements so it's a fairly safe assumption imho ... some explo spice would help out their charts, they are both working on this now that mmg is launched into the silver side of the fault, another glory hole even a quarter of the 99,000gramme-metre one previous would get them attention, and you just know Randy is going to come up with something precisely at the point where people are completely bored to tears ... but the value is there in those two properties, don't need anything else, simply a full fease for each and then takeout ... well, and the blessing of the metals gods bmc.v - 33m of 11.3% Ni, hoo-hah ... except in the fine print true thickness is a metre or two, lol, still they're fine results, and many more to come - Message 23889208 mts.v - Jim Mustard joins up as president ... that's a score for them, very respected guy, and connected ... cost them 1.6m options and 400k shares bonus for performance [probably means full fease?], but worth it