Breaking News Alert: SRGL, NLST, ATVI, CIM -- November 15, 2011

Source Gold Corp Updates Plans to Expand US based Operations
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Source Gold Corp
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• Gold mining

Coral Springs - Florida - US

Nov. 15, 2011 - PRLog -- CORAL SPRINGS, FL--(Marketwire - November 15, 2011) - "stocks in the news" for today:  Source Gold Corp. , Netlist, Inc. , Chimera Investment Corporation ,  and  Activision Blizzard Inc., .

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This morning just before the markets opened for trading, Source Gold Corp.  is pleased to announce that recent geologic mapping of the Vulture Mountains and adjacent ranges has established that the area has undergone large-magnitude extension as a result of rotational normal faulting. Geologic mapping in the Vulture Mine area indicates that this area has been faulted and tilted like most of the range and that the Vulture Mine deposit has been tilted approximately 80 degrees (reference report authored by Stephen J. Reynolds et al. Filed with Arizona Geologic Survey). Drill hole assay data show that mineralization is associated with a dike that extends from the structural top of a Cretaceous pluton. Fluid-inclusion studies indicate that mineralization at the Vulture Mine deposit occurred within a larger system of circulation aqueous fluids in which temperature and salinity increased down toward a crystallizing magma body.
Source Gold expects to acquire several gold claims within this area of Arizona and the surrounding region. Some properties show some advanced stage mineral workings and the company will continue their due diligence regarding this gold and silver expansion. Lauren Notar, President of Source Gold, "We feel with our current position and with any future additions to our land package, our company has a competitive advantage with this region."
The stock closed yesterday at Fourteen cents a share.  
Netlist, Inc.  up 25.4% on 2.3Mil shares traded
Chimera Investment Corporation  up 8.63% on 4.2Mil shares traded
Activision Blizzard Inc.,   down 3.59% on 6.3Mil shares traded

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Tags:Gold, SRGL, Nlst, Cim, Atvi, Stocks, Source Gold Corp, Breaking News
Industry:Metals, Gold mining
Location:Coral Springs - Florida - United States
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