Global Hunter (GBLHF)
Global Hunter's focus is on strategic and base metals, with an advanced stage copper oxide project in Chile and a highly prospective molybdenum property in British Columbia, Canada. GBLHF teams are working on developing the Corona de Cobre property in Chile and the Rabbit south property in British Columbia.
Global Hunter Corp. (GBLHF.PK) is pleased to announce initial assay results from its previously announced surface sampling program. The results are encouraging with new gold showings as well as very positive copper oxide assays over wide-spread areas.
Highlights of the entire program
9 mineralized shear and/or alteration zones sampled total of 13.5 kilometers of strike length along know copper bearing shear and alteration zones tested with 205 rock chip samples
Good grades of soluble copper (oxide) over a significantly large area have been identified, however they represent only about 50% of the total copper grade indicating a mixed oxide-sulphide zone. Numerous iron oxide structures have also been mapped but no iron assays have been received to date.
The Company is planning to re-assay samples for iron to determine if iron is present in significant quantities to represent another target.
Molybdenum is an essential trace element in humans, animals and plants. Molybdenum metal was first used in 1910 as a filament support for incandescent lamps. Molybdenum increases the strength of alloy steels. Molybdenum increases the corrosion resistance of stainless steels. Alloying in iron, steel and superalloys accounts for 80% of all Mo use. A wide range of high-technology products, including catalysts, jet engines, medical equipment and semi-conductors, rely on molybdenum metal and chemicals. Molybdenum transforms to molybdate in the freshwater & marine environment. The toxicity of molybdate in these environments is several orders of magnitude lower than that of most high-volume metallic elements that have been similarly assessed.
For more information please visit official website of GBLHF: www.globalhunter.ca/homeabout.html
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Majestic Gold Corp. (MJGCF)
Majestic Gold Corp. engages in the exploration and development of mineral properties in China. The company focuses on its gold project located in the prolific gold region of Song Jiagou in eastern Shandong Province. Majestic Gold Corp. is headquartered in Vancouver, Canada.
In a 1986 study, experts estimated that 121,000 tons of gold had been mined throughout history. Of that amount, about 18,000 tons were used for industrial, research, health, and other "dissipative" uses. Dissipative means that the gold was gone once it was used. It was made into devices that were eventually thrown away. The gold could not or was not recovered from the devices.
Of the remaining 103,000 tons of gold, about a third (35,000 tons) had been made into gold bars held by national banks. The gold bars are used as security for national money systems.
Finally, the remaining 68,000 tons of gold are owned by private individuals. This gold exists in the form of jewelry, coins, or bullion. Gold bullion is bars or other large pieces of pure gold.
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(GBLHF, CMS, CLGX, MJGCF, EMD) Stocks in Review by PennyOTCStock.com
October 1st, 2011 at 12:31 pm