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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?


To: Goose94 who wrote (4008)1/15/2014 10:16:38 AM
From: Goose94Respond to of 202988
 
WRN-T new to date high.



To: Goose94 who wrote (4008)3/31/2014 10:05:56 AM
From: Goose94Respond to of 202988
 
WRN-T new 52 week high, $1.09



To: Goose94 who wrote (4008)4/24/2014 8:12:24 PM
From: Goose94Read Replies (1) | Respond to of 202988
 
Cariboo Rose Resources (CRB-V) April 24, '14 is pleased to advise that it has further consolidated its interest in the Canadian Creek project by substantially completing the terms of an earn-in on the Casino "B" portion of the Canadian Creek claims and acquiring a minority interest in another portion of the claims called the Ana.

The Canadian Creek property, covering 6,180 ha, is located in the Yukon approximately 160 km south of Dawson City. The Canadian Creek property borders Kaminak Gold Corporation's (KAM-V) Coffee Gold property immediately south of the recently discovered Sugar Zone. On its eastern claim boundary the property is bordered by the large tonnage Casino copper-gold-molybdenum porphyry deposit owned by Western Copper and Gold Corp. (WRN-T). Of the 320 claims that make up the Canadian Creek property, 265 are now owned outright by Cariboo Rose, and 55 claims, constituting the "Casino B" option, are registered in the name of Casino Mining Corp., wholly-owned by Western Copper and Gold. Cariboo Rose is now close to completing the work programs and assessment work requirements for these 55 claims in accordance with the terms of the "Casino B" option agreement entered into in the year 2000 to earn a 100% interest in the claims subject to a 10% net profits interest. As well, in December 2013, Cariboo Rose paid a sum of $15,000 to a minority partner for their 11.8% interest in the Ana Joint Venture and now holds 100% of these claims.

Exploration on the Canadian Creek property has been on-going since the early 1980's. Cariboo Rose and its predecessor companies have been involved since 1992 with various partners who have spent approximately $3.5 million. The initial focus of exploration on the property was to explore for potential western extensions to the nearby Casino copper-porphyry deposit owned by Western Copper and Gold. Drill campaigns in 1993 and 1994 by Eastfield Resources Ltd. (ETF-V), and in 2000 and 2007 by Wildrose Resources Ltd. primarily focused on the portion of the claims immediately west of the Casino deposit. These programs returned a number of positive results including 0.72 g/t Au over 55.0 m in drill hole 94-319 in Casino Complex rocks, and the identification of a second porphyry centre in Koffee Bowl approximately five km further to the west.

Soil geochemical surveys conducted on the northern part of the property in 2000 and 2007 identified anomalous gold and arsenic-in-soil anomalies, which in the context of the 2009 discovery of the White Gold Deposit by Underworld Resources Inc. and the 2010 discovery of the Coffee deposits by Kaminak Gold, initiated a refocus on the exploration potential of the Canadian Creek property. A reconnaissance drill program along these gold-arsenic targets in 2009 confirmed the development of mineralization with intersections including 1.09 g/t Au over 3.0 m and 3.46 g/t Au over 1.5 m. Further soil geochemistry sampling completed in 2009 led to the discovery of additional gold and arsenic-in-soil anomalies that align along prospective structural trends. In 2011, an exploration program of soil geochemical sampling, detailed ground magnetic surveys, induced polarization and trenching was conducted. These surveys identified targets similar in character to the Coffee Creek occurrences and remain to be tested. In 2013, Cariboo Rose paid $30,000 to recapture a full interest in the project from the previous option partner who was close to earn-in.

Bill Morton, P.Geo., who is a qualified person within the context of National Instrument 43-101, has read and takes responsibility for this news release.

J.W. (Bill) Morton, P.Geo.
President and CEO
Cariboo Rose Resources Ltd.

Contact:
Paul Way, Business Development Manager
Phone: (604) 681-7913, Toll Free: 888-656-6611; email: pway@eastfieldgroup.com



To: Goose94 who wrote (4008)5/19/2014 8:48:08 PM
From: Goose94Read Replies (2) | Respond to of 202988
 
Western Copper and Gold (WRN-T) MOU with Siemens: Confidence in Copper

Last Thursday, Western Copper and Gold signed a memorandum of understanding (MOU) with Siemens Canada regarding the companies’ intent to negotiate the development of a concept for integrated electrical mining equipment for Western Copper’s Casino project.

Although the two companies are still in the early stages of talks, Siemens Canada’s interest in supplying electrical equipment for Casino is a significant vote of confidence for Western Copper’s project.

As a major technology company and subsidiary of multinational conglomerate Siemens (FWB-SIE), Siemens Canada has a wealth of experience in the industrial sector to offer to the development phase of the mine; the company also has an advanced mining division. Under the terms of the offer to negotiate with Western Copper, Siemens will provide a power plant, various transformers, motors, mechanical drives and any other electrical equipment related to the Casino mine.

A representative from Western Copper notes that since Siemens is confirming its interest in developing equipment supply concepts in advance of final permits for the Casino project, Western Copper will be that much more on track to advancing operations at Casino when it secures permits for the project. The endorsement from Siemens thus indicates that it is optimistic about Casino’s future success.

Western Copper COO Paul West-Sells commented that “[e]stablishing a concept with a solid and innovative company such as with Siemens is an important step for Western as we continue to hit our stated milestones and advance the world class Casino Project towards build-out.”

Certainly, Yukon-based Casino, which is wholly owned by Western Copper, is large enough to be worthy of attention. A January 2013 feasibility study for Casino outlines copper-gold-molybdenum reserves of 1.13 billion tonnes. The study also indicates that the mine has favorable project economics and the potential for low-cost production.

After completing an environmental assessment application in January 2014, Western Copper is now preparing for mine construction as it moves through the permitting process for Casino. The company anticipates that it will commence production by 2017.