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Follow on Google News | Lmat, Entr, Rsys, Avot, Mjs.v - Stock Updates From Drstockpick.com!Majestic Gold Corp. (TSX.V:MJS) (FSE:MJT) is pleased to announce the results of an updated resource estimate on its Song Jiagou Mine.
By: Karl McMahon As part of the ongoing assessment on the Song Jiagou Mine, Wardrop Engineering Inc. ("Wardrop") has revised their previous resource estimate (NR 23 April, 2010) as a result of the revision to the contract mining costs (NR 30 September 2010) which allowed cut-off grades to be reduced from 0.40 g/t to 0.30 g/t and warranted a revision of the block model. Subsequent to the initial resource estimate, Wardrop determined that rotating the block model perpendicular to drilling direction was the most favorable orientation to evaluate the deposit and to calculate the revised resource. The new cut-off grade and the re-orientation of the model significantly increased the overall size of the resource and the contained ounces of gold in both the inferred and indicated categories. The revised resource is: ------------------------------------------------------------ Grade Au Category Tonnes( ------------------------------------------------------------ Indicated 33,739,586 1.147 1,244,211 ------------------------------------------------------------ Inferred 38,812,054 1.467 1,830,576 ------------------------------------------------------------ (i)Calculations conducted using 0.30 g/t cut-off (ii)Gold grades were capped at 40 g/t The most significant changes from the previous estimate are: -- Increase in Indicated tonnes by 35.34% to 33,739,586 tonnes -- Increase in Indicated contained gold by 24.09% to 1,244,211 ounces -- Increase in Inferred tonnes by 37.96% to 38,812,054 tonnes -- Increase in Inferred contained gold by 7.48% to 1,830,576 ounces The increase in the size of the resource from 53 to 72.5 million tonnes will very significantly reduce the strip ratios to be used as Majestic continues its engineering studies on the Song Jiagou mine. Wardrop will move forward now to re-evaluate a production pit design. For More Information On Majestic Gold: www.majesticgold.net ******************************************* American Video Teleconferencing Corp. (Pink Sheets:AVOT) Assays taken in 2008 on selected samples returned repeatable high grade gold values of 7gms/ton (.25oz) to 112.9gms/ton (3.99oz/ton) The writer was Duncan Bain P Geo. who resides in London Ontario, Canada. Samples that were taken as part of a work program done on the property were sent to an ISO-certified assay laboratory based in Saskatoon, Saskatchewan Canada. The project is 1385 hectares in area and covers several documented nickel-copper and gold showings and land in proximity to lake sediment geochemical and biogeochemical anomalies. All these are part of the Snowbird Tectonic Zone which is a major tectonic structure and extends for more than 2,000 kilometres. Access to the project is currently by float or ski equipped aircraft or by helicopter to Stony Rapids which is accessible by commercial aircraft from the major cities of Saskatoon or Regina in southern Saskatchewan. The expenditures for the 2010-2011 work program will be paid by the property owners due to an arrangement reached in the option agreement with the issuance of 1.2 million restricted shares (144). ******************************************* RadiSys Corporation announced that Technology Marketing Corporation (TMC) has named RadiSys’ Voice Quality Enhancement (VQE) software, available on the RadiSys Convedia media server family, as a recipient of the 2010 INTERNET TELEPHONY Excellence Award presented by INTERNET TELEPHONY magazine. Next-generation VoIP conferencing platforms based on IP media servers are increasingly being deployed by conferencing service providers (CSPs) around the globe. RadiSys Corporation develops, produces, and markets computer system products for embedded computer applications in the manufacturing automation, medical, transportation, telecommunications, and test equipment marketplaces. ******************************************* Entropic Communications, Inc. a leading provider of silicon and software solutions to enable connected home entertainment, recently participated in and will participate in the following events with the financial community: Credit Suisse Annual Technology Conference December 2, 2010. Barclays Capital Global Technology Conference: December 9, 2010. The presentation will occur at 11:30 a.m. Pacific Time at The Palace Hotel in San Francisco, California. Entropic Communications, Inc., a fabless semiconductor company, engages in the design, development, and marketing of systems solutions to enable connected home entertainment. ******************************************* LeMaitre Vascular, Inc. a provider of peripheral vascular devices and implants, recently hosted an Analyst Day to update the investment community on the Company, its growth initiatives and strategic priorities, and to give financial guidance. LeMaitre Vascular, Inc. develops, manufactures, and markets medical devices and implants for the treatment of peripheral vascular disease worldwide. ************************************************************ 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. DrStockPick.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 DrStockPick.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 at http://drstockpick.com/ Crown Equity Holdings Inc. (CRWE.OB) has received twenty-five thousand dollars in cash from Majestic Gold Corp. (TSX Venture Exchange (TSX.V:MJS) and the Frankfurt Stock Exchange (FSE:MJT)) for 30 (thirty) days of advertising, as well as for assistance in becoming a fully reporting publicly trading Bulletin Board company. Crown Equity Holdings Inc. (CRWE.OB) anticipates to receive 2,000,000 shares of (144) restricted common stock of American Video Teleconferencing Corp. (AVOT.PK) from the company for 12 months IR Services End
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