Hickory Tech Corp. (Nasdaq:HTCO) announced that its Board of Directors voted to declare a quarterly dividend of $0.135 per share of HickoryTech common stock.
The $0.135 dividend is payable on March 5, 2011 to shareholders of record on Feb. 15, 2011. HickoryTech has a long history of paying a cash dividend to shareholders that spans more than 60 years and recently increased its fourth quarter 2010 dividend 3.9 percent.
HickoryTech Corporation (dba HickoryTech and Enventis) is a leading integrated communications provider in the markets it serves. With headquarters in Mankato, Minn., the corporation has approximately 450 employees and a regional fiber network with facilities-based operations in Minnesota and Iowa.
Douglas Lake Outlines Gold Exploration Targets
Douglas Lake Minerals (OTCBB:DLKM) has provided an update regarding its recently acquired Handeni Project which is located in the rapidly developing region of eastern Tanzania.
Douglas Lakes’ is 100% owned Handeni Project consists of four prospecting licenses covering approximately 800 km(2) which are directly adjacent to, and partly surround, Canaco Resources Inc’s (V.CAN) 200 km(2) Kilindi license which holds the Magambazi gold mineralization occurrence.
Douglas Lake Successfully Delineates Structural Controls on Gold Mineralization in the Four Handeni Project PLs
This exploration phase included a fixed-wing aircraft flown aeromagnetic and radiometric survey at a line spacing of 200m and a height of 80m, subsequent interpretation of data and ground follow-up. The survey and interpretation was conducted according to internationally accepted standards by the Council for Geoscience, South Africa.
Interpretation of aeromagnetic data was successful in delineating prominent structural features including NW-SE shear zones of which five in the Company’s property area, with a total length of 143km, are given first order priority. These shear zones and their distances within the Company’s properties are: 1 - Southwestern shear zone (31km); 2 - Kimamba shear zone (41km); 3 - Kilima Mzinga - Kwandege main shear zone (28km); 4 - Mligazi shear zone (15km); and 5 - Magambazi - Mjembe (28km) shear zone.
The Company has identified three further key elements in the delineation of gold mineralization which includes the prominence of NE-SW lineaments (seven in total), the role of SW to NE thrust planes and the use of radioelements to outline potential target areas.
Three major SW to NE thrusts planes were also identified: a main thrust zone of 46km; and two additional thrusts zones of 5km and 3km each. In addition to the key elements sheath folding, open folds (2km to 10km scale) and boudinage provide additional targets with a second order priority.
Douglas Lake Minerals is focused on exploring for gold on its two strategically located properties – the Handeni Gold Project and the Mkuvia Alluvial Gold Project. The 800 square kilometer Handeni is located directly adjacent to Canaco’s highly prospective Handeni Gold Project (CAN.V). The 380 square kilometer Mkuvia alluvial gold property is being developed by joint-venture partners.
More about DLKM at: www.douglaslakeminerals.com
Deltek, Inc (Nasdaq:PROJ) announced that two departments (Maintenance and Property) under the Swedish municipality of Västerås have selected Deltek Maconomy to improve their ability to manage complex projects. The deal will be valid for three years with a two-year extension option.
The deal also involves an option for other departments in Västerås Stad to adopt the solution. Deltek won the business in a showdown with several other software providers. The implementation will commence in the spring of 2011.
Deltek, Inc. provides enterprise applications software and related services for the project-focused organizations primarily in the United States.
Orofino Gold Corp. (ORFG.PK) is a China based gold producer with one producing gold mine in Colombia and an option on a strong portfolio of small producers and development/exploration assets in Colombia.
Orofino’s corporate objective is to continue to build shareholder value through the exploration and development of existing projects and additional accretive acquisitions, capitalizing on the extensive experience and relationships that management has developed over the past 25 years.
The Company has acquired a 55% interest in the La Azul/La Estrella property with the rights to acquire up to 80%.
La Azul is one producing artesanal mine in the Senderos de Oro area controlled by Orofino, it is a mixed sequence of predominantly volcanic rocks with the vien systems comprised of high grade chalcopyrite, galena and sphalerite with pyrite in quartz viens.
It has been interpreted (by Shaw 1993) that the metallogenic zonation around the La Azul workings evokes a very viable “hidden porphyry” exploration model. This interpretation and the prospectivity of the area have been confirmed by the Orofino “qualified person” as per the 43-101 rules.
The area is the site of economic mining activity and it is unlikely that the true grade of gold mineralization has been determined by the crude benefication methods employed by the resident miners.
The existing process of using mercury amalgamation to collect the free gold after grinding, followed by cyanide leach of the crushed material would not, for example, liberate gold tied up in the sulphides.
LiveDeal, Inc. (Nasdaq:LIVE) a Las Vegas-based provider of Internet marketing services for small businesses, announced that it has eliminated 36 positions, all of which were held by personnel responsible for the sales and marketing of the company’s Instant Promote product through its subsidiary Local Marketing Experts, Inc. “In the last several weeks, sales of our InstantProfile product, our subscription-based 360-degree solution, designed to give small and medium-sized businesses the ability to advertise on the Internet and communicate with their customers, have increased substantially and demonstrated tremendous potential,” stated Kevin A. Hall, President and Chief Operating Officer of LiveDeal.
LiveDeal, Inc., together with its subsidiaries, delivers local customer acquisition services for small and medium-sized businesses. Its services are combined with an Internet Yellow Pages directory.
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