Key Energy Services Inc. (NYSE:KEG) announced that Key Energy Services, Inc. participated at the Pritchard Capital Partners Energize 2011 Conference, Wednesday, January 5, 2011, in San Francisco, CA.
The presentation begin at 10:35 a.m. PST and will be available via a live webcast. To access the webcast audio, go to keyenergy.com, select "Investor Relations" and click on the link to the conference webcast.
Key Energy Services, Inc., together with its subsidiaries, operates as an onshore rig-based well servicing contractor. It operates in two segments, Well Servicing and Production Services.
Douglas Lake Minerals Inc. (the "Company" or "Douglas Lake") (OTCBB:DLKM), further to its news releases of November 23, 2010, is pleased to provide an update for its exploration targets for 2011. Douglas Lake has recently filed a NI 43-101 Technical Report on its four 100% owned prospecting licenses which cover 800 square kilometers in the Handeni District of eastern Tanzania. This area recently has been recognized as an important gold district after the Magambazi gold find.
The 43-101 report details the first and second phases of exploration over the license area. In the Company's November 23rd release it was disclosed that the first phase airborne geophysical survey effectively outlined the folded and faulted geologic terrain as well as five prominent Northwest-Southeast trending shear zones that extend through the Douglas Lake ground.
The second phase work program concentrated on collecting and analyzing soil geochemical samples on both detailed grids as well as reconnaissance style control lines across the large project area. Historically, the region has seen only small-scale artisanal workings which originally allowed explorers to focus on the Magambazi prospect. Now the Handeni region is recognized to be one of the prime exploration targets for gold in Tanzania.
On September 13th 2010, Canaco Resources Inc. (TSX.V CAN) announced that regional soil sampling had outlined a total of two North-Westerly parallel trends of gold mineralization on their license area. The two trends, which include the Magambazi mineralization, are said to have a combined strike length of 15 kilometers.
Within the second phase of work, outlined in Douglas Lakes' 43-101 report, portions of the five northwest-southeast shear zones were tested by widely spaced soil sample profiles. The results indicate linear anomalous gold trends in soil that are coincident with the Northwest-Southeast structures as outlined by geophysics.
In total, the soil program was successful in outlining gold trends that have a combined strike length of over 40 kilometers on the Douglas Lake ground.
"The Handeni Gold Trend that was initially reported by Canaco has been significantly extended by the work on the Douglas Lake ground", reports Harp Sangha CEO. "Our results indicate that there is a lot more to this area."
The Company is an emerging mineral exploration company focused on exploring and developing mining opportunities in Tanzania. For more information, go to www.douglaslakeminerals.com.
Check out More on DLKM.ob at: www.douglaslakeminerals.com
MFS Charter Income Trust (NYSE:MCR) announced monthly distributions of the following closed-end funds, all with declaration dates of January 3, 2011, ex-dividend dates of January 11, 2011, record dates of January 13, 2011, and payable dates of January 31, 2011 Distribution from "Other Sources" may contain sources of income other than ordinary income, such as short term capital gains, long term capital gains, or return of capital, which can not be determined until the close of the fund's fiscal year end.
Distributions that are treated for federal income tax purposes as a return of capital will reduce a shareholder’s tax basis in his or her shares and, to the extent the distribution exceeds a shareholder’s adjusted tax basis.
MFS Charter Income Trust (MCR) is a close ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in the fixed income markets of the United States.
Orofino Gold Corp. (ORFG.PK) is a US (Nevada) company established for the purpose of creating a significant exploration and mining group to operate in Colombia.
Orofino has major criteria by which they select properties that includes:
* Significant historical production
* Favorable geology for hosting major ore bodies
* Significant property area for large target exploration
* Recent results available
* Favorable infrastructure and access to allow mine development
* Receptive local government and populace.
In addition, Orofino has acquired a database comprised of exploration and mining results from previous operators who left when the global mining sector experienced a major downturn in the three year period from 1997-2000.
The second part of the Company’s strategy to become a recognized player in the Colombia mining sector was the acquisition of an interest in an operating mine. 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.
Orofino will move ahead aggressively to pursue the current interpretations, work programs and drilling will begin soon.
Royce Micro-Cap Trust, Inc (NYSE:RMT) has approved the resumption of a quarterly distribution policy for Common Stockholders, beginning in March 2011, at the annual rate of 5%.
As of December 31, 2010, the Fund had fully utilized its capital loss carryforwards for federal income tax purposes, allowing the managed distribution policy to be reinstated. The quarterly distribution policy, which was suspended by the Board in May 2009 in light of significant capital loss carryforwards, is designed to spread any capital gain distributions more evenly over the year.
Royce Micro-Cap Trust, Inc. is a closed-ended equity mutual fund launched and managed Royce & Associates, LLC. It invests in the public equity markets of the United States.
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