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

To: Boolish who wrote (4957)	2/7/2014 12:55:40 PM
From: 99FXD	Respond to of 203220

Added Arc as well at .19 , heard some big money coming into it

To: Boolish who wrote (4957)	2/10/2014 9:10:52 AM
From: Goose94	Read Replies (1) \| Respond to of 203220

Arian Resources (ARC-V) Feb 10, '14 has provided an update on the progress toward commencing the drill program at the Kacinar gold project located in Albania. Sinomine International Exploration (Hong Kong) Holding Co. Limited ("Sinomine"), has optioned the Kacinar project from Arian and has the ability to earn up to a 60% interest in Arian's wholly owned subsidiary Jab Resources Shpk ("Jab") which holds the project.Kacinar Drill Program Arian is pleased to report that with the Chinese New Year celebrations and associated Spring Festival now over the Sinomine drill crew will arrive in Albania this Wednesday February 12th to commence the drill program on the Kacinar gold project. To date four priority targets have been selected for drill testing from the 2011 Induced Polarization ground geophysical survey. Drill pads have already been constructed for two of these. In total the two thousand meters of drilling is planned for the Kacinar project. The first hole is targeting co-incident induced polarization resistivity and chargeability anomalies defined for 550 metres along the survey line. The modelled coincident anomalies commence at a depth of around 100 metres and extend to a depth of at least 250 metres. The drill hole is planned to be 400 metres in length. It is anticipated that this drilling program will require up to four months to complete and is budgeted to cost $1,000,000. This program is being funded by Sinomine and upon the spending of the $1,000,000, Sinomine will have earned a 10% interest in Arian's subsidiary JAB which holds the project. Kacinar Gold Project Based on the geological, geochemical and geophysical results obtained to date, the company has unearthed what appears to be a new gold-bearing greenstone belt. Where suitable tectonic and intrusive activity has occurred greenstone belts can contain substantial gold deposits. Greenstone-hosted gold deposits currently provide over 13 per cent of global gold production, with examples such as the Kirkland Lake, Malartic and Detour Lake mines within the Abitibi belt in Canada, the Tasiast mine in Mauritania, and the Fimiston mine in Kalgoorlie, Australia. Within the Kacinar licence, there appears to be potential for two styles of mineralization. The first is quartz carbonate-sulphide shear-hosted veins as discovered in the company's drill testing program. The second is porphyry copper-gold mineralization associated with emergent core complexes as interpreted from the company's geophysical survey. Within the outlined greenstone belt, historic Albanian Geological Survey work defined six areas that contain stream sediments anomalous in gold. Drill testing of a small area (400 metres by 200 metres) associated with one of these geochemical anomalies by the company outlined nine steeply dipping quartz carbonate-sulphide shear- hosted veins, averaging four metres in width and averaging 2.7 grams per tonne gold. These veins are open along strike and at depth, and are consistent with the type of mineralization found in established greenstone-hosted gold deposits and collectively offer significant potential. Analysis of drill core and surface trench samples from this area has resulted in 61 samples with grades greater than one gram per ton gold. Of these, 8 samples have between five and ten grams per tonne gold and 12 samples have greater than ten grams per tonne gold. The highest assay was 39.4 grams per tonne gold over one metre on drill hole GZJ1017. Significant intersections include 1.51 grams per tonne gold over 14 metres thickness on drill hole GZJ1012 and 7.01 grams per tonne gold over six metres on drill hole GZJ1011. Note that these thicknesses are not necessarily true widths. Preliminary metallurgical test work indicates that 94 per cent of the gold can be separated into a sulphide concentrate using standard floatation processes. The gold occurs as separate grains associated with the sulphides. Following the completion of the drilling program an induced polarization geophysical survey was undertaken in the Gjazuj area. This survey reveals the presence of numerous high-priority resistivity and chargeability anomalies. These are interpreted to represent both the shear-zone-hosted sulphide mineralization identified in the drilling and large sulphide-bearing intrusives lying immediately adjacent to and below the shear zones. The intrusives are further interpreted to represent porphyry copper-gold mineralization associated with the emergent core complexes. A number of high-priority targets have been identified for drill testing (target depths ranging from 50 metres to 250 metres). The potential presence of a zone of emergent core complexes that runs north-south through the Gjazuj area is significant. Such zones can be associated with porphyry copper-gold instrusive systems that contain both considerable gold (multimillion ounce) and copper resources. Mineralization of this type has been identified in two sub-parallel belts located to the east of Albania (within Serbia-Macadonia-Greece and within Serbia- Bulgaria). As virtually no modern-day exploration has been undertaken on the identified Albanian zone, it is considered to offer considerable potential. Chad Ulansky, PGeo, is the qualified person under National Instrument 43-101 who has reviewed the technical disclosure in this news release and is responsible for the technical information contained in this release. About Sinomine International Exploration (Hong Kong) Holding Co. Limited Sinomine is a wholly-owned subsidiary of Sinomine Resource Exploration Co., Ltd., the top resource exploration company in the People's Republic of China that is to be listed on the Shenzhen Stock Exchange.