Affiliate Summit 2010
Stock information for SILA, CMP, SFEG, and UXG
crwefinancelogo2
signup3m
Gold American Mining Corp (OTC.BB:SILA) recently underwent a name change to Gold American Mining Corp on June 23rd, 2010. The company is engaged in exploration and acquisition of precious metals and mineral resource properties in United States. The company has also several international properties. Its main properties include Keeno Strike project in Clark County, Nevada and Guadalupe project located in Zacatecas State, Mexico .
When Gold American Mining Corp says that it believes that the vein system on its property in Guadalupe Mexico, has the potential to continue to much greater depths, shareholders listen. The company recently announced that its geophysics program on its Guadalupe, Mexico , property completed on July 20 confirmed that fact and that it foresees being in a position to start drilling very soon.
The precious metals exploration company is focused on the aggressive ongoing acquisition and exploration of holdings with rich gold and silver production potential. The Guadalupe property contains two historically significant mines and is located in one of Mexico’s oldest mining districts, roughly five miles north of the Fresnillo (Proaño) Mine, the world’s richest underground silver mine, operated by Fresnillo plc. About 6.8 miles to the southwest of Silver America’s Guadalupe Property, is the Juanicipio Joint Venture (JV) between MAG Silver Corp. (MAG ) and Fresnillo plc, which is known as one of the world’s highest grade undeveloped silver resources.
SILA is a publicly traded precious metals exploration company focused on the aggressive, ongoing acquisition and exploration of holdings with rich gold and silver production potential. Based in Reno, Nevada, Gold American has developed a promising portfolio of international properties in regions marked by stable politics, sound economies and friendly business relations.
Compass Minerals (NYSE:CMP)
North American Salt Company, a subsidiary of Compass Minerals (NYSE:CMP), recently reported the addition of a new, premium, pet-friendly product to its Safe Step family of ice melters. Sure Paws, an all-natural, fast-acting ice melter, doesn’t irritate pets’ paws but melts ice down to minus 15 degrees Fahrenheit. Pets are an important part of families, so this extremely efficient product will keep residential driveways and walkways safe but is easy on pets’ paws and skin, said Jerry Bucan, vice president and general manager of NASC’s consumer and industrial business.
CMP is a leading producer of minerals, including salt, sulfate of potash specialty fertilizer and magnesium chloride. The company provides highway deicing salt to customers in North America and the United Kingdom and specialty fertilizer to growers worldwide. Compass Minerals also produces consumer deicing and water conditioning products, ingredients used in consumer and commercial foods, and other mineral-based products for consumer, agricultural and industrial applications. Compass Minerals also provides records management services to businesses throughout the U.K.
Santa Fe Gold Corporation (OTCBB:SFEG) recently reported that commissioning of the Lordsburg mill has proceeded as planned and is now running two shifts per day, five days per week. Santa Fe expects to ramp up production from the Summit gold-silver mine to 120,000 tons of ore per annum by the end of 2010.
Pierce Carson, President and Chief Executive Officer, stated, We are producing high value concentrate (averaging 10 ounces of gold per ton and 600 ounces of silver per ton) from Summit ore and are in final negotiations with two major smelters.
Also the company is currently stockpiling concentrates and is in discussions with three smelters for the purchase of its concentrates, with the objective of achieving the best possible price. Sale of concentrates is planned to begin immediately upon finalizing a sales contract, which is estimated to be completed during July or August 2010.
SFEG focuses on acquiring and developing gold, silver, copper and industrial mineral properties. Santa Fe controls: the Summit mine and Lordsburg mill in southwestern New Mexico; a substantial land position at the Lordsburg mill, comprising the core of the Lordsburg Mining District; the Ortiz gold property in north-central New Mexico, estimated to contain two million ounces of gold; the Black Canyon mica mine and processing facility near Phoenix, Arizona; and a large resource of micaceous iron oxide in western Arizona. Santa Fe Gold intends to build a portfolio of high-quality, diversified mineral assets with an emphasis on precious metals.
US GOLD CORPORATION (AMEX:UXG) recently reported results for 15 new drill holes at the El Gallo project that were designed to increase the total number of ounces beyond the initial NI 43-101 resource estimate released on July 6th. The best drill hole, which encountered two separate zones, returned 16.8 ounces of silver per ton (opt) over 78.6 feet (ft) ((576.9 grams per tonne (gpt) over 24.0 meters (m)) and 4.2 opt silver over 42.0 ft (142.3 gpt over 12.8 m).
UXG is a United States based company engaged in the exploration of gold primarily in Nevada and Mexico. The Company’s common shares are listed on the NYSE Alternext (NYSE.A) and the Toronto Stock Exchange (TSX) under the symbol UXG. The Company has large land positions, good share liquidity and the potential upside of a junior exploration company.
http://crwefinance.com/img/crwefinance_new_buscard2.jpg
Signup for FREE Daily Stock Alerts From CRWEFinance.com/signup
THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!
Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. CRWEFinance.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold CRWEFinance.com report and Crown Equity Holdings, Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. (read more ) Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings, Inc. (CRWE.OB) is a newswire as well as an IR and PR firm. Crown Equity Holdings, Inc. (CRWE.OB), in some cases, provides media advertising and public awareness for both public and private companies, as well as disseminating news. As such, in some cases, when Crown Equity Holdings, Inc. (CRWE.OB) advertises for a particular client, Crown Equity Holdings, Inc. (CRWE.OB) charges an advertising fee which it must disclose under 17B. The fee may be in cash, in free trading stock or in restricted stock. Crown Equity Holdings, Inc. (CRWE.OB), if paid in stock, can and may sell those securities during the advertising period. Crown Equity Holdings, Inc. (CRWE.OB) has received eight thousand dollars in cash from a third party (Winning Media) for (7) days of advertising for Gold American Mining Corp (SILA.OB).
About the Author
First Timers Guide for Affiliate Summit East 2010