1. Latest News
  2. Submit Press Release
  1. PR Home
  2. Latest News
  3. Feeds
  4. Alerts
  5. Submit Free Press Release
  6. Journalist Account
  7. PRNewswire Distribution

PINK:ORFG, PAAS, & EGI: Silver Prices In For a Volatile Week

PINK:ORFG, PAAS, & EGI: Silver Prices In For a Volatile Week

 
PRLog - Jul. 19, 2010 - Orofino Gold Inc (Pinksheets: ORFG.PK) is a precious metals acquisition, exploration, and development company that’s offering investors a golden opportunity.

When the dollar is devalued, the price of gold goes up as this metal becomes a safe haven for traders. Orofino Gold Corp. knows the value of gold in today’s economy and has recently signed an option agreement to acquire several properties in Colombia, a current hot spot of gold production.
Results from mineralized and un-mineralized material samples, as well as selected representative samples collected from its Colombian projects that ran higher than expected in gold, silver and copper, give the precious metals acquisition, exploration, and development company four very strong targets and two extremely rich structures to target for gold and copper. Orofino will now implement an airborne magnetometer program, as well as begin site preparation for the diamond drilling planned to take place in the second quarter of 2010.

ORFG is a precious metals acquisition, exploration, and development company.



_____________________________________



Pan American Silver Corp.(NASDAQ:PAAS)

Pan American Silver Corp. is pleased to announce that its majority-held subsidiary, Compania Minera Argentum S.A., has reached an agreement with Minera Chinalco Peru which clearly defines each party’s long term surface rights and therefore provides certainty to the land situation for Pan American’s Morococha mine. The agreement reflects the commitment by both Pan American and MCP to operate their respective projects in an environment of mutual respect and cooperation.

The primary focus of the agreement is on the lands and concessions around the Morococha mine and MCP’s Toromocho copper project. MCP requires certain lands and concessions in order to proceed with the development of Toromocho, including the surface lands within the planned open pit mining area of the Toromocho project. While Argentum does not own this land, much of the Morococha mine infrastructure and facilities are located on this ground.

PAAS mission is to be the world’s largest and lowest cost primary silver mining company by increasing its low cost silver production and silver reserves. The Company has eight mining operations in Mexico, Peru, Argentina and Bolivia. Pan American also owns the Navidad project in Chubut, Argentina and is the operator of the La Preciosa project in Durango, Mexico.

For more information please visit www.panamericansilver.com

_____________________________________



EGI, Entree Gold Inc.


Recent News: Entree Gold receives new coal mining license, Mongolia

EGI is a Canadian mineral resource company successfully meeting the global demand for products derived from gold, copper, molybdenum and coal.

EGI is achieving this goal through concerted exploration efforts. With operations in Mongolia, China, the United States, Canada and most recently Australia, through the acquisition of PacMag Metals Limited, EGI has assembled a portfolio of projects balanced between grass roots, advanced exploration and pre-production.

EGI has received a mining licence covering its Nomkhon Bohr coal discovery, outlined through exploration efforts in 2008-2009. The new mining licence comprises approximately 14,030 hectares and covers the northwest corner of the former Togoot exploration licence. The portion of the property included in the mining licence is mainly underlain by Permian sediments which are known to host rich coal deposits in this part of the Gobi Desert.

The Nomkhon Bohr thermal coal occurrences lie within Permian sedimentary rocks thought to be of similar age to those hosting the multi-billion tonne Tavan Tolgoi thermal and metallurgical coal deposits. Tavan Tolgoi is located approximately 80 kilometres to the northwest. Two groups are currently mining and trucking coal to China along an improved dirt road that passes immediately north of Nomkhon Bohr. This road is in the process of being paved. A railway, which will follow a similar route to the current road, is planned to service both Tavan Tolgoi and Oyu Tolgoi and provide greater access to markets in China.

More about EGI at www.entreegold.com










*******************************************
Sign-Up For Free Stock Alerts At http://crwepicks.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.The CRWEPicks.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer (http://crwepicks.com/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 CRWEPicks.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. assists and consults with domestic and foreign companies interested in becoming publicly traded in the U.S. The company designs and manufactures multi-monitor computer systems for financial traders and audio/video professionals.

--- End ---

Click to Share

Contact Email:
***@crwepicks.com Email Verified
Source:Blayne Sheffield
Location:United States
Industry:Stocks
Tags:pink:orfg, paas, egi, orfg, orfg.pk, gold, silver, mining, minerals, ore, mexico
Shortcut:prlog.org/10803911
Verified Account Email Address

Disclaimer:   Issuers of the press releases are solely responsible for the content of their press releases. PRLog can't be held liable for the content posted by others.   Report Abuse

Latest Press Releases By “

More...

Trending News...



  1. SiteMap
  2. Privacy Policy
  3. Terms of Service
  4. Copyright Notice
  5. About
  6. Advertise
Like PRLog?
9K2K1K
Click to Share