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Re: Why Ortsbo Will Be Out Of INT In 3-6 Months

Hi George,


I agree with your statement, but, isn´t INT already trading on the OTC ?! So it makes absolutely no sense spinning of Ortsbo, listing it on the OTC - and having two companys listed at OTC.


There would be zero effect as far as attracting the US markets is concerned. The brokers cannot recommend OTC stocks to their clients, and funds won´t buy on the OTC. So nothing changes. Their intention HAS to be being listed on a bigger board.


Regards, praesens

over 13 years ago
Dead stock ?

Deep drilling was done to maximize tonnage, to add value, to find the mother load.


The result is a big fat "nothing".


But there is very little disappointment on this board.


Are we all so hardened by NOT that no news and bad news seem to be the same ?


Some posters here try to read something positive out of this release. Understandable - but ...


The only hope is AT 12. This will last. Drilling to begin mid january. IF no further problems occur. Natives, mild climate, ... Means drilling results maybe end of march. 4 months from now. A long time to go.


On the other hand: Remembers me to Sabina Silver. Exploring Hackett River. World class deposit. But in the midst of nowhere. Nothing further to do, just waiting for someone building an all weather road.


In a news release they stated that they would like to be and to be realized by the market as an explorer searching the goods. Not as a company with billions in the ground and no possibility of mining them. And they ACTED that way to be seen as an explorer: they acquired one or two other properties next to Hackett. Drilled and got very good results ! Share price increased from i think +/- .25 $ to +/- 5.00 $.


Would be nice seeing NOT acting this way, too.

almost 14 years ago
News


Golden Valley Mines: Significant Gold Mineralization Intersected in 25 Drillholes on the Malartic CHL Prospect-Results Include 109 Metres Averaging 0.83 g/t Au

VAL-D\'OR, QUEBEC, May 13, 2010 (MARKETWIRE via COMTEX News Network) --
Golden Valley Mines Ltd. (\"Golden Valley Mines\" or the \"Company\")(TSX VENTURE: GZZ) is pleased to announce additional assay results (25 drillholes totalling 7,134 metres) from the definition drill program testing the depth extension of the western portion of the Jeffrey Zone on the Malartic CHL Prospect. The property is optioned to Osisko Mining Corporation (\"Osisko\", OSK: TSX, EWX: Deutsche Boerse ) who is also the project operator. Additional results from the on-going 25,000 metre definition drilling program on the Jeffrey Zone are pending and will be released when received and compiled.

Presently, the Jeffrey Zone has been traced continuously by surface diamond drilling over a strike length of 400 metres and to maximum depths of less than 370 metres. True average width of the zone is estimated at 42.0 metres. The mineralized system remains open along strike to the east for at least 500 metres, where previous drilling (2007 program) intersected significant mineralization and it is open as well in the down-dip direction. The total cumulative east-west strike extent of zone has now been drill tested over a distance of some 900 metres.

This first set of assay results has been derived from recent activity from the western sector of the zone. At the Jeffrey Zone, the drillholes intersected multiple zones of significant near-surface and deeper, higher-grade gold mineralization to depths of up to 372 metres. The zone remains open along strike and down-dip at depth. Over the western sector of the zone, significant drill intersections include:

-- 40.7 metres averaging 0.77 g/t Au (CHL09-2197);-- 109.0 metres averaging 0.83 g/t Au, with 1.5 metres grading 21.2 g/t Au(CHL09-2215);-- 42.8 metres averaging 1.41 g/t Au, with 1.5 metres grading 17.6 (CHL09-2212);-- 52.5 metres averaging 1.19 g/t Au, with 1.5 metres grading 10.65 g/t Au(CHL09-2217); and-- 110.9 metres averaging 0.80 g/t Au, with 1.5 metres grading 9.36 g/t Au(CHL09-2219).

[...]

Definition drilling on the Jeffrey Zone is based on a series of sections spaced at 25 metre intervals over an east-west strike length of 400-metres and north-south distance of 135 metres. All of the drillholes were drilled to the south. The objectives of the program are to obtain both additional drill information along strike and to depth (to the north), required to complete an initial resource calculation on the zone and for planning additional drilling.

Mineralization at the Jeffrey Zone consists of disseminated pyrite-gold in strongly potassic-altered quartz-feldspar porphyry dikes, in contact with a predominately ultramafic flow sequence, and in subordinate diorite-gabbro and sedimentary units. Narrower, higher-grade mineralization is hosted in quartz veined (silicified) porphyry or talcose and chlorite-altered ultramafic schists.

All NQ or HQ core assays reported above were obtained by standard 50 gram fire assaying-AA finish or gravimetric finish at ALS Chemex laboratories in Val-d\'Or, Quebec. Reported weighted averages were calculated using a minimum of 0.40 g/t Au over successive maximum intervals of 20 metres with no upper cut-off of individual assays. Intersected drifts or lost core within mineralized intersections were incorporated as blank intervals.

Osisko has the right to acquire a 70% interest in the Malartic CHL Property in consideration for $150,000 in cash payments over a four year period (paid) and by completing a minimum $2,000,000 in exploration work over a four year period. Upon earning its 70% interest, Golden Valley Mines will retain a free-carried interest of 30% to production. Also, Osisko purchased a claim block from Golden Valley Mines located immediately southeast of the Canadian Malartic Mine. Terms of the acquisition included a cash payment of $100,000 at signing to allow Osisko to earn a 100%-interest subject to a 2% net smelter royalty payable to Golden Valley Mines. This claim block covers the Charlie Zone, located immediately southeast of the Canadian Malartic deposit.


...

over 14 years ago
News


Golden Valley Mines: Significant Gold Mineralization Intersected in 25 Drillholes on the Malartic CHL Prospect-Results Include 109 Metres Averaging 0.83 g/t Au

VAL-D\'OR, QUEBEC, May 13, 2010 (MARKETWIRE via COMTEX News Network) --
Golden Valley Mines Ltd. (\"Golden Valley Mines\" or the \"Company\")(TSX VENTURE: GZZ) is pleased to announce additional assay results (25 drillholes totalling 7,134 metres) from the definition drill program testing the depth extension of the western portion of the Jeffrey Zone on the Malartic CHL Prospect. The property is optioned to Osisko Mining Corporation (\"Osisko\", OSK: TSX, EWX: Deutsche Boerse ) who is also the project operator. Additional results from the on-going 25,000 metre definition drilling program on the Jeffrey Zone are pending and will be released when received and compiled.

Presently, the Jeffrey Zone has been traced continuously by surface diamond drilling over a strike length of 400 metres and to maximum depths of less than 370 metres. True average width of the zone is estimated at 42.0 metres. The mineralized system remains open along strike to the east for at least 500 metres, where previous drilling (2007 program) intersected significant mineralization and it is open as well in the down-dip direction. The total cumulative east-west strike extent of zone has now been drill tested over a distance of some 900 metres.

This first set of assay results has been derived from recent activity from the western sector of the zone. At the Jeffrey Zone, the drillholes intersected multiple zones of significant near-surface and deeper, higher-grade gold mineralization to depths of up to 372 metres. The zone remains open along strike and down-dip at depth. Over the western sector of the zone, significant drill intersections include:

-- 40.7 metres averaging 0.77 g/t Au (CHL09-2197);-- 109.0 metres averaging 0.83 g/t Au, with 1.5 metres grading 21.2 g/t Au(CHL09-2215);-- 42.8 metres averaging 1.41 g/t Au, with 1.5 metres grading 17.6 (CHL09-2212);-- 52.5 metres averaging 1.19 g/t Au, with 1.5 metres grading 10.65 g/t Au(CHL09-2217); and-- 110.9 metres averaging 0.80 g/t Au, with 1.5 metres grading 9.36 g/t Au(CHL09-2219).

[...]

Definition drilling on the Jeffrey Zone is based on a series of sections spaced at 25 metre intervals over an east-west strike length of 400-metres and north-south distance of 135 metres. All of the drillholes were drilled to the south. The objectives of the program are to obtain both additional drill information along strike and to depth (to the north), required to complete an initial resource calculation on the zone and for planning additional drilling.

Mineralization at the Jeffrey Zone consists of disseminated pyrite-gold in strongly potassic-altered quartz-feldspar porphyry dikes, in contact with a predominately ultramafic flow sequence, and in subordinate diorite-gabbro and sedimentary units. Narrower, higher-grade mineralization is hosted in quartz veined (silicified) porphyry or talcose and chlorite-altered ultramafic schists.

All NQ or HQ core assays reported above were obtained by standard 50 gram fire assaying-AA finish or gravimetric finish at ALS Chemex laboratories in Val-d\'Or, Quebec. Reported weighted averages were calculated using a minimum of 0.40 g/t Au over successive maximum intervals of 20 metres with no upper cut-off of individual assays. Intersected drifts or lost core within mineralized intersections were incorporated as blank intervals.

Osisko has the right to acquire a 70% interest in the Malartic CHL Property in consideration for $150,000 in cash payments over a four year period (paid) and by completing a minimum $2,000,000 in exploration work over a four year period. Upon earning its 70% interest, Golden Valley Mines will retain a free-carried interest of 30% to production. Also, Osisko purchased a claim block from Golden Valley Mines located immediately southeast of the Canadian Malartic Mine. Terms of the acquisition included a cash payment of $100,000 at signing to allow Osisko to earn a 100%-interest subject to a 2% net smelter royalty payable to Golden Valley Mines. This claim block covers the Charlie Zone, located immediately southeast of the Canadian Malartic deposit.


...

over 14 years ago
Reason: News !

Mountain Boy Minerals Ltd.: New High Grade Gold Zone Discovered Beneath Historic Dunwell Mine Workings-Crews Remobilized and Drilling Resumed

STEWART, BRITISH COLUMBIA, May 13, 2010 (MARKETWIRE via COMTEX News Network) --
Mountain Boy Minerals Ltd. (TSX VENTURE: MTB) (\"Mountain Boy\" or the \"Company\") reports a new discovery at its wholly owned Dunwell Gold Mine in Northwest British Columbia. Assay results have been received for 13 drill holes completed during the winter program. Located 7.5 kilometres northeast of Stewart, this former producing gold mine is just two kilometers off paved highway 37A. The primary purpose of this program was to test the potential for depth extensions of the Dunwell gold-silver mineralization.

Highlights of these latest results include: 6.7 metres grading 14.27 g/t gold, 37.81 g/t silver, 0.25% lead and 0.63% zinc in DDH-2010-9 and 6.64 metres grading 7.66 g/t gold, 37.4 g/t silver, 0.33% lead and 0.90% zinc in DDH-2010-12.

The deposit consists of a series of quartz and quartz-breccia veins hosted in thin-bedded argillite, siltstone and greywacke of the Middle Jurassic Salmon River Formation (Hazelton Group). Andesitic tuffs of the underlying Lower Jurassic Unuk River Formation outcrop to the east of the veins.

The veins are developed in the Portland Canal Fissure Zone. This zone of faulting and shearing trends north, dips steeply west and hosts a vein system that extends southward for 6.5 kilometres from the Victoria/Dandy occurrence on the north, through the Dunwell mine across Glacier Creek to the Ben Bolt occurrence.

The deposit consists primarily of two veins, the Sunbeam vein to the north and the Dunwell (number 23) vein to the south, with a number of other less important veins. The veins are developed en echelon adjacent to a major north striking, west dipping fault zone (West fault). The veins are commonly situated along one or both sides of parallel lamprophyre dykes which are up to 0.6 metres wide.

Mineralization consists of lenses, disseminations and stringers of pyrite, galena, sphalerite and tetrahedrite with minor chalcopyrite, native silver and argentite in a gangue of quartz and minor calcite. Locally, the Dunwell vein contains up to 75% sulphides. The mineralization is more intense where the veins are intersected by fractures of the West fault zone.

Results from this recent drilling indicate an extension to the mineralization mined previously. The first five holes drilled south of and 150 meters below the underground workings yielded low gold values in a low sulphide bearing quartz breccia. Eight drill holes completed just north of and 150 meters below the previous underground workings encountered a wide zone of quartz breccia with strong sphalerite, galena, pyrite and chalcopyrite.

Assay results for this new zone are shown below:

---------------------------------------------------------------------------From To LengthDDH No. (m) (m) (m) Au g/t Ag g/t Pb % Zn % Cu %---------------------------------------------------------------------------D4-10-6 208.84 211.89 3.04 3.75 55.87 0.21 3.87 0.17---------------------------------------------------------------------------D4-10-7 207.62 208.38 0.76 2.23 48.78 0.24 4.63 0.06---------------------------------------------------------------------------D4-10-9 215.55 222.26 6.71 14.27 37.81 0.25 0.63 0.02---------------------------------------------------------------------------D4-10-10 216.77 221.95 5.18 5.31 62.4 0.52 0.80 0.03---------------------------------------------------------------------------D4-10-11 217.07 222.93 5.85 4.74 55.88 0.09 0.72 0.02---------------------------------------------------------------------------D4-10-12 218.35 225 6.64 7.68 37.40 0.330 0.90 0.02---------------------------------------------------------------------------
Core intersection widths are interpreted as being true width given the dip of the mineralized zone. DDH-2010-8 hit the zone but carried low gold values while DDH-2010-13 had the zone disrupted by faulting. Diagrams including an assay cross section of the new discovery area and a longitudinal projection of the ore shoots and new area of mineralization are available for review at http://www.mountainboyminerals.ca/dunwell/ index .html.

The Company has remobilized drill crews to Dunwell to continue drilling and further outline this new gold-silver bearing zone encountered in DDH-2010-1 to DDH-2010-13. Due to the property\'s low elevation and proximity to town, exploration at Dunwell can be accomplished year-round.


...

over 14 years ago
Trade Resumption

Investment Industry Regulatory Organization of Canada - Trade Resumption - Mountain Boy Minerals Ltd. - MTB

VANCOUVER, May 13, 2010 (Canada NewsWire via COMTEX News Network) --


Trading resumes in:


<< Issuer Name: Mountain Boy Minerals Ltd. TSX-V Ticker Symbol: MTB Resumption Time: 12:15 ET >>


SOURCE: Investment Industry Regulatory Organization of Canada (IIROC)

over 14 years ago
praesens
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Frankfurt
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11/27/2009
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