Mountain Province Diamonds Inc. (AMEX:MDM) announced earlier this month that the Gahcho Kué JV partners, Mountain Province and De Beers Canada Inc., received the final Gahcho Kué definitive feasibility study at a JV meeting on December 8, 2010. The feasibility study is now the subject of a final review by the partners, which is expected to be completed by the end of the first quarter of 2011. Finalization of the detailed project execution plan is also currently underway.
Mountain Province Diamonds Inc. engages in the exploration and development of natural resource properties, primarily diamond properties in Canada. It principally holds a 49% interest in the AK Property located in the Northwest Territories of Canada. The company was formerly known as Mountain Province Mining Inc. and changed its name to Mountain Province Diamonds Inc. in October 2000. Mountain Province Diamonds Inc. was founded in 1986 and is based in Toronto, Canada.
Douglas Lake Minerals Inc. (OTC:DLKM)
DLKM recently provided 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.
Harp Sangha, DLKM'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.
DLKM 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 DLKM will file it on SEDAR.
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 DLKM, a QP under NI 43-101.
Douglas Lake Minerals Inc. offers gold mining and exploration services. DLKM is based in Surrey, Canada.
To learn more about DLKM visit: http://www.douglaslakeminerals.com
Eaton Vance Ohio Municipal Income Trust (AMEX:EVO) voted to hold the Annual Meetings of Shareholders of each Trust concurrently on Friday, March 25, 2011 at 2:00 p.m. (EST). The meetings will be held at the principal office of the Trusts, Two International Place, Boston, Massachusetts 02110. Proxy materials will be mailed on or about January 26, 2011 to shareholders of record on January 12, 2011. Shareholders of each Trust will be asked to vote on the election of two Class III Trustees of the Trusts.
Eaton Vance Ohio Municipal Income Trust operates as nondiversified, closed-end management investment company. The trust invests primarily in debt securities issued by Ohio municipalities. Its portfolio comprises investments primarily in cogeneration, education, electric utilities, general obligations, hospital, industrial development, transportation, and water and sewer sectors. Eaton Vance Management serves as the investment adviser of the trust.
To become a 100,000 ounce gold producer from first mine and to replicate this on each of the current optioned properties.
The vision of Orofino Gold Corp.:
- To become a good Joint Venture Partner
- To become a premier Mid Tier precious metals mining operation in Colombia
- To fast track first mine to commercial production.
Intrinsic, and essential, to this vision is ORFG's moral, ethical and social commitment to develop the communities related to the projects.
Orofino Gold Corp. has several Gold development properties in Colombia, a current hot spot of gold production in the world markets. Orofino Gold is please to report that the Board Of Directors have appointed Mr. Ning Shi Long as Chairman of the Board and Executive Director. Mr. Ary Fernando Pernett Marque has been appointed as the new President/CEO & Executive Director of ORFG.
Mr. Pernett will be responsible for all affairs of Orofino Gold in Colombia. Mr. Pernett has 30 years of experience working in the Colombian Mining sector and will over the near term choose his new development team to assist in the development of Orofino Gold’s Senderos de Oro gold camp in the Sur de Bolivar Colombia.
The new team will now aggressively pursue other known Gold occurrences in the companies Senderos de Oro Gold Camp while the development team works to improve production at La Azul Mine. The Board of Director’s have accepted resignation of John T. Martin, former Managing Director of Orofino Gold. His resignation is effective immediately. Orofino Gold wish him well and success in future endeavors.
Orofino Gold and Mr. Pernett will continue to work with Contexto Legal of Medellin and Bogota, Orofino Gold’s legal counsel as well as Discovery Consultants, (The Qualified 43-101 team) Canada, as they have in the past.
Orofino Gold Corp. engages in acquisition, exploration, and development of gold properties in Mexico and Colombia. Orofino Gold has an option to acquire properties in the Sur de Bolivar Department of Colombia South America.
To learn about ORFG visit: http://www.orofinogold.com
BioTime, Inc. Common Stock (AMEX:BTX) announced an agreement with Shanghai Genext Medical Technology Co., Ltd. to sell ACTCellerate cell lines to the medical and biological research communities in China, Taiwan, Hong Kong, and Macau. In addition to a wide array of human cell types, Genext will market cell culture media customized for each line. The marketing agreement includes provisions for an initial stocking inventory and annual milestones to maintain exclusivity.
BioTime, Inc., a biotechnology company, engages in the biomedical research and product development activities in the United States and Asia. It primarily focuses on regenerative medicine, which refers to therapies based on human embryonic stem (hES) cell and induced pluripotent stem (iPS) cell technology designed to rebuild cell and tissue function lost due to degenerative disease or injury.
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