Precious Metals with Mining Progress, 3rd Qtr Results, News - US Precious Metals, GoldCorp, Barrick Gold, Randgold, Freeport-McMoRan
CORAL SPRINGS, Florida, September 24, 2013 /PRNewswire/ --
Today's news updates for active precious metals mining companies with major announcements, 3rd Quarter Results and News: US Precious Metals, Inc. (OTCQB: USPR), GOLDCORP INC. (NYSE: GG), Barrick Gold Corporation (NYSE: ABX), Randgold Resources Limited (NASDAQ: GOLD) and Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX).
US Precious Metals, Inc. (OTCQB: USPR) Headline: US Precious Metals Inc. Announces Phase II Development to Begin Immediately On Its Michoacán, Mexico Property. US Precious Metals, in conjunction with our its Joint Venture partners Mesa Acquisition Group LLC/Alba Petroleos De El Salvador Sem De Cv, is pleased to announce the immediate commencement of Phase II development on its Michoacán, Mexico property. George Mesa, President/CEO of Mesa Acquisition Group stated "Not only did the satellite imaging confirm previous areas indicated in the previous drilling programs, it also uncovered new areas of high intensity gold reserves." He continued; "As you know, I have been studying the property, core samples, drilling programs with Mr. Serrat, Mr.Figueredo, and my partners for more than a year now. This confirmation was more than enough for us to move forward. We will begin Phase 2 immediately and based on the unexpected results, we are also in internal discussions with our partners with a view to putting together a package to exceed the previous amounts contemplated for Phase III".
To read the entire press release, please go to http://www.fnmprofiles.com/profiles-uspr.php
Phase II will include applying the Forming Short-Pulsed Electromagnetic Fields (FSPEF) and Vertical Electric-Resonance Sounding (VERS) on a majority of the 2,134 acres. The FSPEF technology will be even more detailed than the high spectrum UV laser satellite imagery, honing in on the proven deposits and the VERS technology will identify volume and depth of mineralization in all areas of interest. Together when completed, these technologies will provide a proven reserve estimate in grams of Gold per ton of ore body. In addition, The Mesa Acquisition Group is currently speaking with the relevant government bodies regarding road permits, hauling routes, water, and electric as well as all environmental requirements to facilitate Phase II development. They also have begun identifying the necessary equipment and earthmovers that will be brought to the site.
GOLDCORP INC. (NYSE: GG) will release third quarter results prior to market open on Thursday, October 24th, 2013. A conference call will be held Thursday, October 24th at 10:00 a.m. (PT) to discuss the results. Participants may join the call by dialing toll free 800-355-4959 or 416-695-6617 for calls outside Canada and the U.S. A recorded playback of the call will be available until November 24, 2013 by dialing 800-408-3053 or 905-694-9451 for calls outside Canada and the US. Conference ID#: 5331726
Barrick Gold Corporation (NYSE: ABX) recently annouced a live webcast of the Conference Call will be accessible on Barrick's website at http://www.barrick.com. The Conference Call will be available for replay until November 14th, 2013 by calling 800-408-3053 for North American callers and 905-694-9451 for International callers, Pass Code: 6782148
Randgold Resources Limited (NASDAQ: GOLD) engages in the exploration and development of gold deposits in Sub-Saharan Africa. The company holds an 80% controlling interest in the Loulo mine and Gounkoto mine, as well as a 50% interest in the Morila mine located in Mali; an 89% controlling interest in the Tongon mine located in the neighboring country of Côte d'Ivoire; an 83.25% controlling interest in the Massawa project in Senegal; and a 45% interest in the Kibali project, which is located in the Democratic Republic of Congo.
Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) engages in the exploration of mineral resource properties. The company primarily explores for copper, gold, molybdenum, cobalt, silver, and other metals, such as rhenium and magnetite. It operates in five segments: North America Copper Mines, South America Mining, Indonesia Mining, Africa Mining, and Molybdenum Operations.
FinancialNewsMedia.com is leading provider of third party publishing & news dissemination services. If you would like more information regarding our news coverage solutions, please visit http://www.financialnewsmedia.com for more details. Get an edge on the market with our Premium News Alerts that are FREE for a limited time at http://www.financialnewsmedia.com/. Follow us on Facebook: http://www.facebook.com/financialnewsmedia and Twitter: http://twitter.com/FNMgroup. Sign up for our FREE SMS News alerts delivered directly to your mobile phone by texting the word PRESS to 545454. (SMS alerts are free, however data rates may apply, check your wireless plan for details.)
DISCLAIMER: FN Media Group LLC (FNMG) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNMG is NOT affiliated in any manner with any company mentioned herein. FNMG and its affiliated companies are a news dissemination and financial marketing solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNMG's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. The companies that are discussed in this release may or may not have approved the statements made in this release. FNMG is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.
FNMG HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNMG undertakes no obligation to update such statements.
SOURCE FN Media Group LLC
More by this Source
Browse our custom packages or build your own to meet your unique communications needs.
Learn about PR Newswire services
Request more information about PR Newswire products and services or call us at (888) 776-0942.