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


To: Goose94 who wrote (8131)7/28/2014 8:58:22 AM
From: Goose94Read Replies (1) | Respond to of 202561
 
Early, IDM-T may gap up at open for new 52 week high.



To: Goose94 who wrote (8131)8/28/2014 2:36:22 PM
From: Goose94Read Replies (2) | Respond to of 202561
 
IDM-T spiked up on no news. Trading $0.50 up 7 cents vol. 110,705 shares.

Jr next door Silver Grail Resources (SVG-V)

Aug 13, '14 - NR
Silver Grail Resources Ltd. and Teuton Resources Corp. have begun 2014 reconnaissance sampling on their Gold Mountain and Ram properties, adjoining to the south of the Red Mountain gold property of IDM Mining, about 20 kilometres east of Stewart, B.C., in the southern half of the Golden Triangle.

The companies plan to carry out prospecting particularly around zones of ablation (glacial meltback). The last time the claims were prospected was in the 1990s. Much new ground is expected to have opened up in the interim.

On the Gold Mountain property previous work disclosed a 650- by 1,000-foot zone of pervasive quartz calcite veinlets, carrying gold values ranging from a few parts per billion up to 0.632 ounce per ton. On the Ram property, prospecting has led to the discovery of several mineralized occurrences. These include hydrozincite-stained limetstone/dolomite horizons, argentiferous quartz veins, shears with minor sulphides, and a pyritic and chert horizon containing sporadic galena and sphalerite/hydrozincite. The geological setting on the Ram is prospective for BA-type mineralization, of the kind exposed on the BA property of Great Bear/Mountain Boy minerals to the north (where $5-million of exploration has disclosed an extensive silver- and base-metal-bearing exhalative horizon).

Prospecting is also planned for the nearby jointly owned Konkin Silver and Fiji claims. On the Konkin Silver property several silver-bearing structures have been discovered in an exhalative horizon. One of these, the main Konkin Silver showing, returned trench results ranging from 14.8 feet grading 2.53 ounces per silver per ton to 29.5 feet grading 34.94 ounces per silver per ton. Native silver was observed in certain of the trench samples. There are some affinities with the formerly producing Torbrit silver mine located to the southwest.

On the Fiji, located to the northwest of the Homestake property now being explored by Agnico Eagle, previous work in 2006 led to the discovery of two mineralized zones. Five out of 16 samples from the zones returned gold values ranging from 0.327 to 1.27 ounces per ton gold. One of the zones features fracture-controlled pyrite mineralization in what appears to be a highly altered intrusive. The second zone, in an area exposed by meltback of a snowfield, features sphalerite, galena, tetrahedrite, pyrite and barite mineralization hosted in altered volcanic rocks.

Work in the area has been spurred by IDM Mining's recent purchase of the nearby Red Mountain gold property from Seabridge Gold. IDM is aiming at placing Red Mountain into production possibly as early as 2016, which will materially enhance infrastructure in the region.

The qualified person for the purposes of this news release is D. Cremonese, PEng. Mr. Cremonese, PEng, is not independent of the company.



To: Goose94 who wrote (8131)9/11/2014 9:20:39 AM
From: Goose94Read Replies (1) | Respond to of 202561
 
IDM Mining (IDM-V) Sept 11, '14 is pleased to announce that Provincial exploration permits have been received for the Red Mountain gold project. Since mid-June, field crews have targeted multiple prospects on the 17,125 hectare Red Mountain property, located 15 kilometers northeast of Stewart, BC. Numerous precious and base metal targets have been identified by IDM and previous operators over a 15 by 4 kilometer trend.

2014 Property Wide Exploration Targets


Initial surface drilling at Red Mountain will focus on at least three prospective gold zones located outside of the currently defined mineral resources at Red Mountain. Highest priority targets include the: 141 Zone, Cambria & Uxlux Zones and the McAdam Zone. An underground in-fill drilling program is also expected to commence in October 2014.

141 Zone

The 141 Zone hosts a broad area of low-grade intervals of gold mineralization, hosted within a complex assemblage of suite of strongly altered hornblende-feldspar porphyry dykes and sills, intruding tuffaceous volcanics and sediments. Located 280 meters southwest of the Marc/AV/JW mineral resources, wide-spaced drill holes completed by previous operators intersected high-grade gold mineralization within the broad low-grade envelope. Historic intercepts include:

Hole-IDFrom (m)to (m)Length (m)Au g/t
M93-141168.61200.0031.394.12
including179.00183.004.0011.71
M93-15365.00206.00141.001.14
including65.00113.0048.002.00
M93-15489.00268.50179.501.34
M94-185188.20245.0056.802.18
M94-186153.00221.3068.302.32
including153.00171.0018.005.45
M94-191157.50249.7092.202.09
including216.00221.505.508.95
M94-19461.0081.5017.504.76
U93-1094191.00235.0044.002.79
including199.00202.003.0011.82
U94-1130239.50333.5094.001.29
U94-1148195.50318.00122.503.35
including210.00216.006.0032.87
And299.00301.002.0037.17
And223.00228.005.0011.12
* Due to wide spaced drilling, true widths are unclear at the 141 zone, but estimated to be between and 70 and 100% of the drilled intervals.
"Our objective with the regional exploration program is to identify new mineralized areas that would complement the already known high-grade resources at Red Mountain," said Rob McLeod, President and CEO of IDM Mining. "We have selected the most compelling gold targets, located within one of the largest hydrothermal gold-bearing systems in north west British Columbia."

The 141 Zone is a high-priority target since it is located proximal to a proposed production access incline to the Marc/AV/JW resource area, outlined in the recently published NI 43-101 Preliminary Economic Assessment (PEA) Technical Report for Red Mountain.

Cambria & Uxlux Zones

Several initial drill holes are planned targeting newly exposed areas of gold mineralization that was uncovered due to glacial retreat at the Cambria zone, approximately 500 meters southeast and on trend with the Marc-AV resource area. Similar to the Marc zone, the Cambria zone hosts a large area of centimeter to one meter wide gold-bearing massive pyrite stockworks and veins. The area of strongest outcropping mineralization, recently named the Uxlux prospect, has historic grab samples that range from 2.95 g/t to 44.96 g/t Au (average of six samples is 25.10 g/t Au), and is a high priority drill target. Recent channel and grab sampling from a newly exposed area 60 meters north of Uxlux range from trace to 39.60 g/t Au (25 samples average 2.68 g/t Au). Additionally, a grab sample collected 180 meters southeast of Uxlux returned 7.50 g/t Au (six samples range from trace to 7.50 g/t Au, averaging 1.90 g/t Au).

Surface geological mapping has been concentrated on the 500 meter area between the Marc and the Cambria zones, which also includes almost 300 meters of vertical relief. Altered sediments, volcaniclastics and hornblende-feldspar porphyry (Hillside intrusive) exhibit a similar strong sericite-dominated alteration facies, with similar lithologic controls to the Marc zone. This area of altered and mineralized rocks represents the highest priority exploration target proximal to the mineral resource on the Property, portions of which are covered by snow and glacial ice to the north. Further exposure is melting continuously with additional areas of strong alteration and mineralization located between the Marc and Cambria Zones.

McAdam Zone

Two drill holes are planned at the McAdam zone, located 3,000 meters southwest, and 800 meters lower in elevation from the Marc and AV mineral resources. This undrilled prospect hosts multiple en echelon shears and quartz-pyrite-molybdenite veins, ranging from 0.2 to 1.5 meters in thickness. Located in steep terrain requiring rope-assisted sampling, 102 chip samples were previously collected by Lac Minerals in 1991. A total of 31 of these historic samples assayed over 1.0 g/t Au, averaging 18.7 g/t Au and 56.1 g/t Ag. Individual channel samples included: 0.2 meters averaging 103.8 g/t Au, 1.0 meter averaging 24.7 g/t Au and 0.6 meters averaging 57.1 g/t Au. Confirmation sampling by IDM crews of quartz-pyrite-molybdenite veins at McAdam returned assay values ranging from 1.5 g/t Au to 36.7g/t Au. The average of all 42 rock samples collected in the McAdam area is 2.8 g/t Au. The McAdam zone is a top priority drill target for IDM for the 2014 season.

AV and JW Infill Drilling

It is anticipated that the Company will commence underground drilling at Red Mountain in October of 2014. This drilling will target the AV and JW zones with the purpose of upgrading inferred resources, delineating high grade shoots and down-dip stepouts. The Company will announce further details on the underground drilling plan in the near term.

Red Mountain Project PEA

IDM recently announced positive results from a NI 43-101 PEA and revised Resource Estimate ("NI 43-101") completed by JDS Energy & Mining Ltd. for the Red Mountain project (see IDM news release dated July 23, 2014). A technical report prepared in compliance with the requirements of the Canadian Securities Administrators' NI 43-101 has been filed on SEDAR and the Company's website.

More information about IDM Mining and the Red Mountain project can be viewed at www.IDMmining.com.

Important note regarding historic work: This release contains reference to historic surface samples, diamond and assays completed on the Property between 1989 and 1994. The results were completed prior to 2001 and implementation of NI 43-101 standards. Readers should be cautioned that these results are historic in nature, were not verified by IDM mining, and should not be relied up.

QA/QC and Qualified Person

Samples have been collected by experienced geologists and technicians, placed in sealed bags and shipped to Acme Analytical Labs of Vancouver, B.C. for gold and multi-element ICP analysis. A Quality Control/Quality Assurance program including the insertion of Standards and Blanks, has been implemented. The 2014 Exploration Program is performed under the supervision of Rob McLeod, P.Geo, President and CEO of IDM Mining Ltd and a 'Qualified Person' under NI 43-10. Mr. McLeod has reviewed and approved the technical content of this release.

ABOUT IDM MINING LTD.

IDM Mining Ltd. is mineral exploration company (TSX:IDM) based in Vancouver, BC, Canada. The Company's current exploration activities are focused on precious metals in British Columbia and the Carolina Slate Belt, USA. Further information can be found on the Company's website at www.IDMmining.com.

ON BEHALF OF THE BOARD of IDM Mining Ltd.

Robert McLeod, President, CEO and Director