Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: Veteran98 who wrote (203150)	9/1/2011 9:26:00 AM
From: Veteran98	Read Replies (1) \| Respond to of 312910

PAW... Canaccord Morning Coffee... Pacific Wildcat Resources* (PAW : TSX-V : $0.63), Net Change: 0.04, % Change: 6.78%, Volume: 247,760 Another milestone...Junior niobium and rare earths company, Pacific Wildcat Resources, announced that it has entered into a conditional Memorandum of Understanding with the Kaya Mrima Self Help Group (KMSHG). The KMSHG is registered with the Ministry of Home Affairs, National Heritage and Sports and the Ministry of Gender and Children Affairs in Kenya as an organization representing the local community at Mrima Hill including the villages surrounding the Mrima Hill Niobium and Rare Earth Deposit. PAW's management highlighted that the parties are to prepare and sign a formal agreement within a period of three months. In July, PAW announced the initial NI 43-101 compliant independent Niobium mineral resource estimate report for its Mrima Hill Niobium and Rare Earth Project in Kenya. The Inferred Resource came in at 105.3 million tonnes grading 0.65% Nb2O5 for a total of 1.519 billion pounds Nb2O5. The company stated that the Niobium mineral resource estimate is from surface down to a maximum depth of 30 m with 83% of the mineral resource tonnes being found in the top 20 m. The independent third party that completed the resource estimate is of the view that with additional surface survey information a significant portion of the Inferred classification may be able to be reclassified into the Indicated category. Management also highlighted that a significant portion of the mineral resource is high grade, with 12.0 million tonnes of mineralisation having a grade of 1.21% Nb2O5 at a 1.00% Nb2O5 cut-off grade.