Aug. 7, 2009 (Baystreet.ca) --
MISSISSAUGA, Ontario, August 7, 2009 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled “Junior Miner Identifies High-Grade Gold Targets.”
Companies mentioned in this article include Amador Gold Corporation (TSX-Venture:AGX) and West Timmins Mining Inc. (TSX:WTM).
Article Excerpt:
The area around Timmins, in Ontario’s northeastern corner, is a fairly forbidding place much of the year; not too many people live there, except the ones hardy enough to see forestry and especially gold mining projects through to completion. For the ones who do stay, there appears to be lots of gold to go around. And when that gold is assayed and sent to market, the effort to find that gold could really pay off.
In that vein (pardon the pun), more favourable news was reported by yet another junior mining concern, Vancouver-based Amador Gold Corporation (TSX-Venture:AGX). In early August, AGX told gold industry watchers of a major strike on which it was working, 85 kilometres southwest of Timmins. Previous exploration programs, the company said, had confirmed the presence of both gold and volcanogenic massive sulphide-style (VMS) mineralization at its wholly-owned Horwood project. Previously reported grab samples from quartz veins within gabbros returned values of 17.30 g/t (grams per tonne) gold, 22.72 g/t gold and 19.68 g/t gold.
More recent work has revealed multiple-vein sites that also look rich in the shiny yellow metal; seven grab samples were taken, and four of the seven returned grades of 75.0, 57.1, 48.3 and 43.3 g/t gold with the remaining samples containing anomalous values of concentrated gold.
The full version of this article can be found at:
http://www.allpennystocks.com/aps_ca/special_reports/053/Junior-Miner-Identifies-High-Grade-Gold-Targets.htm
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