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Gold/Mining/Energy : DISCOVERY BOARD ~ PRECIOUS METALS ENERGY URANIUM OIL -- Ignore unavailable to you. Want to Upgrade?

To: DrBill who wrote (4514)	1/9/2012 2:28:48 PM
From: PaperPerson	Respond to of 4690

01/05/2012 \| 09:17 am Queenston Mining Inc : Queenston Announces Appointment of Philip Ng as Chief Operating Officer January 5, 2012 Toronto, Ontario - QUEENSTON MINING INC. (QMI-Toronto, Frankfurt; QMNMF-OTCQX) ("Queenston" or "the Company") is pleased to announce the appointment of Philip Ng as the Company's Chief Operating Officer. He assumed his duties on January 1, 2012. Mr. Ng came to Queenston from Claude Resources Inc., where he was Senior Vice President of Mining Operations after joining them in 2006. During his employment with Claude, Mr. Ng was responsible for operations of the Seabee and Madsen underground gold mines located in Saskatchewan and Ontario respectively. At Seabee, Mr. Ng advanced the Santoy 8 Mine to commercial production. Prior to joining Claude, Mr. Ng was employed by INCO for five years where he grew through the ranks to become Chief Mining Engineer at the Coleman McCreedy East Mine. Prior to that Mr. Ng was employed by Hudson Bay Mining and Smelting for ten years working at four mines as Rock Mechanic Specialist/Mine Planner to Mining Engineer. Mr. Ng has a degree in Bachelor of Engineering (B.Eng. Mining) and a degree in Masters of Engineering (M.Eng. Mining) from McGill University. Charles Page, President and CEO of Queenston said, "We are very pleased to have a person with Philip's experience and credentials to lead the development of our Upper Beaver Project in the Kirkland Lake Gold Camp. He is an excellent addition to the Queenston team and an important step in achieving our goal of moving towards production". About Queenston Queenston is a Canadian mineral exploration and development company with a primary focus on its holdings in the historic Kirkland Lake gold camp comprising 235 km² of prime exploration lands. The Company's assets include 6, 100% owned gold deposits, all with NI 43-101 compliant mineral resources and ongoing exploration and development. The objective of the Company is to advance the flagship, Upper Beaver project towards feasibility and production. The project is currently being permitted for advanced exploration leading to new shaft development beginning in 2012. The Company is also very active in exploring and advancing five other 100% owned deposit that will provide additional feed for a central milling facility. The Company has cash and short-term investments of approximately $80 million, no debt and a fiscal 2012 exploration budget of $25 million.

To: DrBill who wrote (4514)	1/9/2012 5:20:06 PM
From: PaperPerson	Read Replies (1) \| Respond to of 4690

the bigger picture here is that AEM just made its initial strategic investment in queenston, presumably after a lot of thought. they now own 9 percent of QME and as part of the 'strategic investment,' AEM gets lots of info on queenston's progress, particularly at kirland lake. the main focus appears to be developing the kirland lake properties. queenston.ca also the cadillac properties owned by queenston are adjacent to existing AEM mainstay properties La Ronde and Lapa in Quebec. queenston.ca

To: DrBill who wrote (4514)	1/13/2012 3:23:38 AM
From: PaperPerson	Read Replies (1) \| Respond to of 4690

I own Claude CRJ TO and soon-to-become Claude shares of SEM.V for one main reason: Its 10,000 acre wholly owned Madsen project with existing permitted mill and freshly rehabbed deep shaft all in the shadow of goldcorp red lake complex. Madsen will be the subject of a 29,000 meter drill campaign both from surface and from inside existing previously under-water tunnels this year. I have been waiting for this patiently. That is a lot of drilling. 29,000 meters = 18 miles. This December 2011 release alludes to the potential. But the market is simply not hearing mining stories very well right now. To every thing its season. CLAUDE RESOURCES EXTENDS 8 ZONE AT DEPTH AND DISCOVERS EXTENSION TO MCVEIGH TUFF AT MADSEN Claude Resources Inc. (TSX-CRJ; NYSE Amex-CGR)("Claude" and or the "Company") today provided an interim update from on-going exploration activities at the Company's 100 percent-owned, Madsen Project in Red Lake, Ontario. Drilling has successfully extended the 8 Zone plunge to approximately 250 metres down plunge of previous drilling as well as discovered significant depth extensions to the McVeigh Tuff. Based on these encouraging results, the Company has approved a 29,000 metre, underground and surface-based drill program for 2012. Highlights from the latest drill results are summarized below and in Table 1 and Figures 1 and 2. 15.70 grams Au per tonne over 2.00 metres in MUG-11-13 - McVeigh Tuff 6.27 grams Au per tonne over 2.00 metres in MUG-11-14 - McVeigh Tuff 8.06 grams Au per tonne over 2.02 metres in MUG-11-14b - 8 Zone 5.69 grams Au per tonne over 2.14 metres in MUG-11-16 - 8 Zone 53.70 grams Au per tonne over 0.70 metres in MUG-11-17 - McVeigh Tuff 5.64 grams Au per tonne over 2.00 metres in MUG-11-17 - McVeigh Tuff In 2011, Phase II underground drilling has completed 12,700 metres and 9 holes, targeting the 8 zone plunge and strike continuity as well as sub-parallel footwall structures. Drill holes targeting the plunge continuity of the 8 Zone include MUG-11-12, 14 (14b) and 16 (Figure 2). Drill hole 14b and drill hole 16, the deepest hole ever completed on the Madsen property, intercepted silicified and visible gold-bearing, basalt and returned 8.06 g/t gold over 2.02 metres and 5.69 g/t gold over 2.14 metres, respectively. These intercepts extend the 8 Zone system 250 metres down plunge from previous drilling to approximately 1,600 metres below surface. The system continues to remain open down plunge and will be the target of future drilling. $$$ If you read up on the history of neighbor you will find that mcEwen found the true bonanza down deep.