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Follow on Google News | SILA, MRGP, PROT Stock Update From PennyToBuck.comPennyToBuck reports a Stock Update On SILA,MRGP,PROT.
By: Justin Handy SOIL SAMPLING: A total of 292 samples were collected and the program was completed ahead of schedule. Samples in the field were taken at depths ranging from 0.60 - 2.0 meters. The soils sampling program covered the entire property at sample spacing of 100 x 100 meters in known areas of mineralization. The program was carried out to delineate areas of elevated gold and silver content, initially identified from rock sample assay results, and to explore for additional areas of mineralization. All samples have been delivered to SGS Laboratories in Medellin and results are expected in approximately 10 days. Comments on Sampling, Assaying, and QA/QC: MRGP's geochemical samples were collected in accordance with accepted industry standards and procedures. The program was carried out under contract by GeoMinas, a Colombian mine services contractor. All work was supervised daily by Mercer personnel. The samples were submitted to the ISO 9001:2000 accredited SGS Laboratories in Medellin, Colombia for analysis. About Mercer Gold Corporation Mercer Gold Corporation is focused on gold exploration and resource definition in Colombia. MRGP acquired the prospective Guayabales Project, located in the Marmato Gold District, Department of Caldas, in early 2010. MRGP is exploring the Guayabales property and is seeking to acquire additional prospective gold properties in Colombia. PROTEONOMIX, INC. , a biotechnology company focused on developing therapeutics based upon the use of human cells and their derivatives, announced today that it has formed a new subsidiary called X Gen Medical LLC, a Nevis Virgin Island entity. X Gen Medical has been established with the intention of conducting business in the global medical marketplace. Proteonomix plans on utilizing X Gen Medical to serve as a platform for joint ventures with medical facilities worldwide. It is anticipated that new relationships formed with X Gen Medical will create medical facilities capable of not just attracting treatments locally, but also acting as hubs for medical tourism. Medical tourism is constantly on the rise and anticipated to continue to grow substantially due to current high costs of health care for certain procedures and improvements in both technology and standards of care in many countries. About Proteonomix, Inc.: Proteonomix is a biotechnology company focused on developing therapeutics based upon the use of human cells and their derivatives. Proteoderm, Inc. a wholly owned subsidiary of Proteonomix that has recently opened its retail web site, Proteoderm.com, and begun accepting pre-orders for its anti-aging skin care products. StromaCel, Inc.'s goal is the development therapeutic modalities for the treatment of Cardiovascular Disease (CVD). StromaCel, Inc. is pursuing the licensing of other technologies for therapeutic use. National Stem Cell, Inc. is Proteonomix's operating subsidiary. The Sperm Bank of New York, Inc. is a fully operational tissue bank. Proteonomix Regenerative Translational Medicine Institute, Inc. ("PRTMI") intends to focus on the translation of promising research in stem cell biology and cellular therapy to clinical applications of regenerative medicine. Proteonomix intends to create and dedicate a subsidiary to each of its technologies. Please also visit http://www.proteonomix.com/ Gold American Mining Corporation ("Gold American" and/or "the Company") is pleased to provide an update on the financing activities of the Company. SILA has entered into a $7.5 million equity financing agreement with a European institutional investment group that specializes in backing precious metals and mining ventures. SILA is pleased to announce that up to date we have received funds in the amount of $300,000 in virtue of this agreement and that we still have a balance of $7.2 million that we could call upon to fund our exploration and acquisition strategy. During 2010, we have received total equity subscription proceeds of $500,000. The funding will be utilized by SILA in its ongoing acquisition strategy and specifically in the further exploration and development of its existing Keeno Strike Property in Nevada, which could potentially contain ~1.1 million ounces of gold and ~69.0 million ounces of silver accessible via open-pit bulk handling methods, and its Guadalupe Property in Mexico, which is located approximately 5 miles north of the world's richest underground silver mine, operated by the +$10 billion London Stock Exchange-traded company, Fresnillo plc. ABOUT GOLD AMERICAN MINING CORP. Gold American Mining Corp. 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. For more information the Company and its projects, visit Gold American's website at www.gold-american.com. There is no telling where they will go. As Always Do Your OWN Research. For FREE Daily Stock Alerts & Updates Signup At: http://pennytobuck.com/ 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. PennyToBuck.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers.Our disclaimer (http://pennytobuck.com/ End
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