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American Video Teleconferencing Corp. (OTCPK:AVOT)
American Video Teleconferencing Corp. is pleased to announce that it has hired a French speaking geologist to search the archives of the Quebec Department of Mines for Rare Earths showings not on a current computer file. AVOT believes the rare earths industry is where it wants to maintain a very strong focus and is looking to expand its holdings. As neither the Federal nor Quebec Governments have carried out any air borne surveys in this area, AVOT will seek a contractor to do an air borne Mag-EM radiometric survey. This survey will cover its present holdings and the immediate surrounding area looking for future acquisitions. We are pleased to be working in the Province of Quebec as it is rated the number one jurisdiction in the world to carry out mineral exploration. The Quebec Government gives a rebate up to 45% for property expenditures.
Douglas Lake Minerals Inc. (OTCBB:DLKM) is pleased to provide an update regarding its recently acquired Handeni Project which is located in the rapidly developing region of eastern Tanzania. Douglas Lakes' 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
The Company is pleased to provide the results of the recent exploration program conducted on PLR PLR4973/2008, subsequently subdivided into four PL's (PL6742/2010, PL6743/2010, PL6744/2010 and PL6779/2010), based on the outcomes of the first phase of the continuous exploration program conducted since 2008. 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.
The position of regional gold mining activities, as well as known gold mineralization occurrences, were utilized to test the Company's developed model for locating gold mineralization and this approach proved to be successful. Following from this the Company considers the Kilima Mzinga - Kwandege shear zone, with a distance of 28km in PL6742, PL6779 and PL6744 as one of their primary targets, substantiated by the artisanal mining activities along the northwestern and southwestern outcrop area of the shear. In addition to the shear component along the Kilima Mzinga - Kwandege shear zone, a considerable SW to NE thrust component acted along a 25km long stretch of the shear within the Company's property adding to the gold mineralization potential of this zone based on the current model.
Harp Sangha, the Company's CEO, stated: "We are confident that the model developed based on the first exploration phase provides a substantial platform for understanding gold mineralization in the prospecting licenses as exemplified by the success with which the model predicts and outlines existing and known gold anomalies". Phase two of the exploration program focused on the identified potential zones during an intensive stream sediment and soil sampling program. The results will be released in due course.
The Company has requested a geologist to prepare a Technical Report on the Handeni Project in accordance with the provisions of National Instrument 43-101 ("NI 43-101") of the Canadian Securities Administrators. Upon receipt of the Technical Report the Company will file it on SEDAR at www.sedar.com.
The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in NI 43-101 and has been reviewed by Reyno Scheepers, Ph.D., Pr.Sci.Nat, Director of Exploration and a director of the Company, a QP under NI 43-101.
American Public Education, Inc. (Nasdaq:APEI) announced that Dr. Frank B. McCluskey plans to retire from his role as executive vice president and provost of APUS effective March 17, 2011. His affiliation with APUS is expected to continue through a new role as scholar in residence of educational theory. Dr. McCluskey, 61, has served the university for nearly six years during which the institution earned regional accreditation and increased recognition from the academic community. Over the span of 21 years of leadership roles in higher education, he has published numerous papers and given scholarly presentations on such topics as online pedagogy, active learning, and the administration of online learning in higher education.
American Public Education, Inc. provides online post secondary education to military and public service communities. It operates through two universities, American Military University and American Public University. The company offers 76 degree programs and 51 certificate programs in various disciplines, such as national security, military studies, intelligence, homeland security, criminal justice, technology, business administration, education, and liberal arts.
Casey's General Stores Inc. (Nasdaq:CASY) reported on Dec 7, 2010 $0.51 in basic earnings per share for the second quarter of fiscal 2011 ended October 31, 2010. The results include approximately $19.4 million in expenses pertaining to the Company’s recapitalization plan completed in the second quarter as well as the unsolicited hostile offer and related actions by Alimentation Couche-Tard Inc. Without those expenses, basic earnings per share would have been $.81 compared to $0.66 for the same quarter a year ago, up 22.7%. Year to date, basic earnings per share were $1.27 versus $1.53 for the same period last year. Excluding expenses related to the hostile offer and recapitalization plan, mid-year basic earnings per share would have been $1.62. “We are pleased with the second quarter results driven by strong sales increases across all categories,” stated President and CEO Robert J. Myers. “We expect additional revenue growth as we close on more acquisitions during the third quarter.”
Casey’s General Stores, Inc., together with its subsidiaries, operates convenience stores under the names of Casey’s General Store, HandiMart, and Just Diesel in the Midwestern states. The company’s stores offer food, beverages, dairy and bakery products, beer, sandwiches, fountain drinks, donuts, cookies, brownies, Danish rolls, pork and chicken fritters, chicken tenders, popcorn chicken, sub sandwiches, breakfast croissants and biscuits, breakfast pizza, hash browns, hamburgers and cheeseburgers, and potato cheese bites.
Applied Signal Technology, Inc. (Nasdaq:APSG) announced on Dec 16, 2010 operating results for the fourth quarter and fiscal year ended October 31, 2010. Revenues for the fourth quarter increased 15% to $62,576,000 compared to the year-ago period’s revenues of $54,231,000. This increase resulted from growth generated in several business areas, including network intelligence, tactical SIGINT and sensor surveillance, offset by slightly lower revenues in broadband communications.
Applied Signal Technology, Inc. provides intelligence, surveillance, and reconnaissance solutions for the defense, intelligence, and homeland security markets. The company’s Broadband Communication Systems division offers broadband communication technology and network solutions for high speed communications.
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