Faktenthread HY LAKE GOLD - 500 Beiträge pro Seite
eröffnet am 18.12.07 20:08:45 von
neuester Beitrag 04.03.09 10:25:07 von
neuester Beitrag 04.03.09 10:25:07 von
Beiträge: 16
ID: 1.136.500
ID: 1.136.500
Aufrufe heute: 0
Gesamt: 6.674
Gesamt: 6.674
Aktive User: 0
Top-Diskussionen
Titel | letzter Beitrag | Aufrufe |
---|---|---|
vor 28 Minuten | 3708 | |
vor 1 Stunde | 3411 | |
vor 44 Minuten | 3373 | |
vor 33 Minuten | 2760 | |
vor 1 Stunde | 2406 | |
gestern 10:13 | 2388 | |
vor 1 Stunde | 2017 | |
17.03.24, 05:37 | 1789 |
Meistdiskutierte Wertpapiere
Platz | vorher | Wertpapier | Kurs | Perf. % | Anzahl | ||
---|---|---|---|---|---|---|---|
1. | 1. | 18.484,51 | -0,21 | 127 | |||
2. | 6. | 8,2000 | +4,46 | 50 | |||
3. | 13. | 4,9400 | -0,08 | 43 | |||
4. | 30. | 2,2200 | +3,26 | 41 | |||
5. | Neu! | 20,980 | -5,07 | 35 | |||
6. | 9. | 165,24 | -0,35 | 35 | |||
7. | 2. | 1,9830 | -0,35 | 35 | |||
8. | Neu! | 0,1200 | -89,14 | 34 |
Dieser Thread soll ausschließlich Fakten enthalten. Bitte keine Kommentare abgeben, dafür ist der Diskussionsthread vorgesehen. Vielen Dank!
CNQ: HYLK
FRANKFURT: HYK
NEWS RELEASE
HY LAKE GOLD AND GOLDCORP RED LAKE GOLD MINES SIGN LETTER OF
INTENT ON ROWAN LAKE PROPERTY IN RED LAKE, ONTARIO
FOR IMMEDIATE RELEASE, October 3, 2007 – Toronto, Ontario.
Hy Lake Gold Inc. (CNQ: HYLK; FRANKFURT: HYK) (“Hy Lake Gold” and “the Company”)
is pleased to announce that the Company has signed a binding Letter of Intent with Red Lake
Gold Mines, a general partnership of Goldcorp Inc. (TSX: G; NYSE: GG) and Goldcorp Canada
Ltd. (collectively “Goldcorp Red Lake Gold Mines”) on Goldcorp Red Lake Gold Mines’
Rowan Lake property in Todd Township, Red Lake, Ontario.
Goldcorp Red Lake Gold Mines currently holds a 100% stake in the 117–claim, 2187 hectare
Rowan Lake property which is contiguous with Hy Lake Gold’s Mount Jamie property to the
west. Under the terms of the contemplated option agreement, Hy Lake Gold can earn a 60%
interest in the property, as operator, through exploration expenditures of Cdn. $2,500,000 over 3
years with Cdn. $500,000 committed in the first year. Goldcorp Red Lake Mines shall have a
back-in right to purchase a 20% interest in the property from Hy Lake Gold, within 90 days of
the exercise of the option, for Cdn. $5,000,000. Hy Lake Gold and Goldcorp Red Lake Mines
will execute the formal option agreement within 5 days of Hy Lake Gold completing its due
diligence. All additional information, including that regarding terms of a subsequent joint
venture, will be available upon finalization of the definitive agreement.
The Rowan Lake property lies on the Pipestone Bay-St. Paul’s Bay Deformation zone (GSC
CR2001-C19), hosts the past producing Rowan Lake Gold Mine, adjoins the past producing
Mount Jamie Mine (Hy Lake Gold) to the east and surrounds the past producing Red Crest Mine
(Claude Resources). The property, which has been explored only to very shallow depths, is
underlain by the same geology and structure as these three past producers and has been subjected
to limited underground exploration from a shaft and adit on the property. The property is host to
numerous gold occurrences which have seen limited drill testing returning results such as:
• Hole RWU53370 - 40.79 grams Au per tonne over 3.39 metres
• Hole RW8457 - 14.57 grams Au per tonne over 4.42 metres
• Hole RW8459 - 26.51 grams Au per tonne over 2.51 metres
• Hole RW8460 - 11.02 grams Au per tonne over 4.22 metres
• Hole RW8577 - 39.26 grams Au per tonne over 1.47 metres
Potential exists to expand upon these gold mineralized zones both along strike and at depth.
The Red Lake greenstone belt is host to some of the richest gold deposits in the world. The Red
Lake Camp has produced over 23 million ounces of gold, including approximately 18 million
ounces from the Goldcorp Red Lake Gold Mines deposit (source MNDM website).
Hy Lake Gold is a junior exploration company currently focused on gold exploration in the Red
Lake area of northwestern Ontario. To find out more about Hy Lake Gold Inc. (CNQ: HYLK;
FRANKFURT: HYK) visit our website at www.hylake.com.
The content of this release has been carried out under the supervision of Mr. Kenneth Guy, P.
Geo., designated Qualified Person for Hy Lake Gold, who has reviewed the this press release.
There are 16,575,781 shares of the Company outstanding.
On behalf of the board:
Mr. Robert B. Seitz, President
416-203-9181, ext. 4500
info@hylake.com
FRANKFURT: HYK
NEWS RELEASE
HY LAKE GOLD AND GOLDCORP RED LAKE GOLD MINES SIGN LETTER OF
INTENT ON ROWAN LAKE PROPERTY IN RED LAKE, ONTARIO
FOR IMMEDIATE RELEASE, October 3, 2007 – Toronto, Ontario.
Hy Lake Gold Inc. (CNQ: HYLK; FRANKFURT: HYK) (“Hy Lake Gold” and “the Company”)
is pleased to announce that the Company has signed a binding Letter of Intent with Red Lake
Gold Mines, a general partnership of Goldcorp Inc. (TSX: G; NYSE: GG) and Goldcorp Canada
Ltd. (collectively “Goldcorp Red Lake Gold Mines”) on Goldcorp Red Lake Gold Mines’
Rowan Lake property in Todd Township, Red Lake, Ontario.
Goldcorp Red Lake Gold Mines currently holds a 100% stake in the 117–claim, 2187 hectare
Rowan Lake property which is contiguous with Hy Lake Gold’s Mount Jamie property to the
west. Under the terms of the contemplated option agreement, Hy Lake Gold can earn a 60%
interest in the property, as operator, through exploration expenditures of Cdn. $2,500,000 over 3
years with Cdn. $500,000 committed in the first year. Goldcorp Red Lake Mines shall have a
back-in right to purchase a 20% interest in the property from Hy Lake Gold, within 90 days of
the exercise of the option, for Cdn. $5,000,000. Hy Lake Gold and Goldcorp Red Lake Mines
will execute the formal option agreement within 5 days of Hy Lake Gold completing its due
diligence. All additional information, including that regarding terms of a subsequent joint
venture, will be available upon finalization of the definitive agreement.
The Rowan Lake property lies on the Pipestone Bay-St. Paul’s Bay Deformation zone (GSC
CR2001-C19), hosts the past producing Rowan Lake Gold Mine, adjoins the past producing
Mount Jamie Mine (Hy Lake Gold) to the east and surrounds the past producing Red Crest Mine
(Claude Resources). The property, which has been explored only to very shallow depths, is
underlain by the same geology and structure as these three past producers and has been subjected
to limited underground exploration from a shaft and adit on the property. The property is host to
numerous gold occurrences which have seen limited drill testing returning results such as:
• Hole RWU53370 - 40.79 grams Au per tonne over 3.39 metres
• Hole RW8457 - 14.57 grams Au per tonne over 4.42 metres
• Hole RW8459 - 26.51 grams Au per tonne over 2.51 metres
• Hole RW8460 - 11.02 grams Au per tonne over 4.22 metres
• Hole RW8577 - 39.26 grams Au per tonne over 1.47 metres
Potential exists to expand upon these gold mineralized zones both along strike and at depth.
The Red Lake greenstone belt is host to some of the richest gold deposits in the world. The Red
Lake Camp has produced over 23 million ounces of gold, including approximately 18 million
ounces from the Goldcorp Red Lake Gold Mines deposit (source MNDM website).
Hy Lake Gold is a junior exploration company currently focused on gold exploration in the Red
Lake area of northwestern Ontario. To find out more about Hy Lake Gold Inc. (CNQ: HYLK;
FRANKFURT: HYK) visit our website at www.hylake.com.
The content of this release has been carried out under the supervision of Mr. Kenneth Guy, P.
Geo., designated Qualified Person for Hy Lake Gold, who has reviewed the this press release.
There are 16,575,781 shares of the Company outstanding.
On behalf of the board:
Mr. Robert B. Seitz, President
416-203-9181, ext. 4500
info@hylake.com
CNQ: HYLK
FRANKFURT: HYK
NEWS RELEASE
HY LAKE GOLD ACQUIRES ADDITIONAL PROPERTY IN RED LAKE, ONTARIO
FOR IMMEDIATE RELEASE, November 14, 2007 – Toronto, Ontario.
Hy Lake Gold Inc. (CNQ: HYLK; FRANKFURT: HYK) (“Hy Lake Gold” and “the Company”) is
pleased to announce that the Company has finalised an agreement to acquire a 100% interest in a sixclaim
addition to the Golden Tree Property, in the Ball township / Hammell Lake areas of the Red Lake
Mining district. The claims, to be known as the Pipestone Bay Property, total approximately 416 hectares
(1028 acres) and are contiguous, west-north-west along strike, with the Company’s Mount Jamie
Property. This addition increases the Company’s property position along the favourable east-west
geological trend by 2.5 km giving Hy Lake Gold a total prospective strike length of 10 km in the Red
Lake Camp. The west Red Lake Trend is host to three former producing gold mines including the Mount
Jamie mine and the Rowan mine.
The Pipestone Bay Property has been acquired from Antony Maciejewski and Martin Bobinski on an
agreement substantially similar to the Company’s existing agreement with them regarding the Golden
Tree Property, as detailed in the news release of 6 March 2007. The addition of the Pipestone Bay
Property annex more than triples the Company’s interest in the Golden Tree Property and adds 16% to the
Company’s area of interest in the Red Lake mining district, which now stands at approximately 2943
hectares (7272 acres).
The terms of the agreement with Messrs Maciejewski and Bobinski provide for the issuance of an
additional total of 150,000 shares to the optionors over three years and for the reimbursement of their outof-
pocket costs in acquiring the claims. Hy Lake Gold has also undertaken to ensure that sufficient work
is performed to keep the claims in good standing. The 3% Net Smelter Return covering the original
Golden Tree Property is being extended to cover the additional claims.
Hy Lake Gold further announces that it has granted options to purchase 1,060,000 shares to officers,
directors and consultants of the Company, at an exercise price of $1.00 for a period of five years.
Hy Lake Gold is a junior exploration company focused on the gold exploration and development business
in the prolific Red Lake mining district of northwestern Ontario, Canada. Hy Lake Gold has assembled
four significant property packages on the west Red Lake Trend, totalling approximately 3,000 hectares,
and intends to explore these properties both along strike and at depth. To find out more about Hy Lake Gold Inc. (CNQ: HYLK; FRANKFURT: HYK) visit our website at www.hylake.com.
There are 16,685,781 shares of the Company outstanding.
On behalf of the board:
Mr. Robert B. Seitz, President
office @ hylake.com
FRANKFURT: HYK
NEWS RELEASE
HY LAKE GOLD ACQUIRES ADDITIONAL PROPERTY IN RED LAKE, ONTARIO
FOR IMMEDIATE RELEASE, November 14, 2007 – Toronto, Ontario.
Hy Lake Gold Inc. (CNQ: HYLK; FRANKFURT: HYK) (“Hy Lake Gold” and “the Company”) is
pleased to announce that the Company has finalised an agreement to acquire a 100% interest in a sixclaim
addition to the Golden Tree Property, in the Ball township / Hammell Lake areas of the Red Lake
Mining district. The claims, to be known as the Pipestone Bay Property, total approximately 416 hectares
(1028 acres) and are contiguous, west-north-west along strike, with the Company’s Mount Jamie
Property. This addition increases the Company’s property position along the favourable east-west
geological trend by 2.5 km giving Hy Lake Gold a total prospective strike length of 10 km in the Red
Lake Camp. The west Red Lake Trend is host to three former producing gold mines including the Mount
Jamie mine and the Rowan mine.
The Pipestone Bay Property has been acquired from Antony Maciejewski and Martin Bobinski on an
agreement substantially similar to the Company’s existing agreement with them regarding the Golden
Tree Property, as detailed in the news release of 6 March 2007. The addition of the Pipestone Bay
Property annex more than triples the Company’s interest in the Golden Tree Property and adds 16% to the
Company’s area of interest in the Red Lake mining district, which now stands at approximately 2943
hectares (7272 acres).
The terms of the agreement with Messrs Maciejewski and Bobinski provide for the issuance of an
additional total of 150,000 shares to the optionors over three years and for the reimbursement of their outof-
pocket costs in acquiring the claims. Hy Lake Gold has also undertaken to ensure that sufficient work
is performed to keep the claims in good standing. The 3% Net Smelter Return covering the original
Golden Tree Property is being extended to cover the additional claims.
Hy Lake Gold further announces that it has granted options to purchase 1,060,000 shares to officers,
directors and consultants of the Company, at an exercise price of $1.00 for a period of five years.
Hy Lake Gold is a junior exploration company focused on the gold exploration and development business
in the prolific Red Lake mining district of northwestern Ontario, Canada. Hy Lake Gold has assembled
four significant property packages on the west Red Lake Trend, totalling approximately 3,000 hectares,
and intends to explore these properties both along strike and at depth. To find out more about Hy Lake Gold Inc. (CNQ: HYLK; FRANKFURT: HYK) visit our website at www.hylake.com.
There are 16,685,781 shares of the Company outstanding.
On behalf of the board:
Mr. Robert B. Seitz, President
office @ hylake.com
CNQ: HYLK
FRANKFURT: HYK
NEWS RELEASE
HY LAKE GOLD AND GOLDCORP’S RED LAKE GOLD MINES SIGN OPTION
AGREEMENT ON THE ROWAN PROPERTY IN RED LAKE, ONTARIO
FOR IMMEDIATE RELEASE, December 13, 2007 – Toronto, Ontario.
Hy Lake Gold Inc. (CNQ: HYLK; FRANKFURT: HYK) (“Hy Lake Gold” and “the Company”) is
pleased to announce that further to its news release of October 3, 2007 it has signed an option agreement
with Red Lake Gold Mines, a general partnership of Goldcorp Inc. (TSX: G; NYSE: GG) and Goldcorp
Canada Ltd. on the Red Lake Gold Mines’ Rowan Property in Todd Township, Red Lake, Ontario.
Red Lake Gold Mines currently holds a 100% stake in the 117–claim, 2,187 hectare Rowan Lake property
which is contiguous with Hy Lake Gold’s Mount Jamie and Golden Tree properties to the west. Under the
terms of the option agreement, Hy Lake Gold can earn a 60% interest in the property, as operator, through
exploration expenditures of CAD $2,500,000 over 3 years with a minimum CAD $500,000 commitment
in the first year. Red Lake Gold Mines shall have an option back-in right to purchase a 20% interest in the
property from Hy Lake Gold for CAD $5,000,000 within 90 days of the exercise of the option by Hy
Lake Gold. If Red Lake Gold Mines exercises the option back-in right, it will thereafter have a 60% joint
venture interest and Hy Lake Gold will have a 40% joint venture interest in the Rowan Property. If Red
Lake Gold Mines does not exercise the option back-in right, Hy Lake Gold will issue and deliver to
Goldcorp 1,000,000 common shares of Hy Lake Gold. Furthermore, subsequent to the formation of the
joint venture, Goldcorp shall have a joint venture back-in right to purchase an 11% interest in the property
from Hy Lake Gold, within 90 days of the venture expending CAD $5,000,000 on operations, for CAD
$7,000,000. If Red Lake Gold Mines exercises the joint venture back-in right, it will thereafter have a
51% joint venture interest and Hy Lake Gold will have a 49% joint venture interest in the Rowan
Property.
Hy Lake Gold is also pleased to announce that it has commenced its exploration program on the Rowan
Property, including 4,200 metres of diamond drilling. The Company mobilized a drill to the property in
early November under the terms of the binding letter of intent as released on October 3, 2007. Drilling is
proceeding well and is testing known gold mineralized zones at depths of up to 550m below surface,
substantially deeper than any historic drilling on the property.
The Rowan Property lies on the Pipestone Bay-St. Paul’s Bay Deformation zone hosts the past producing
Rowan Lake Gold Mine, adjoins the past producing Mount Jamie Mine (Hy Lake Gold) to the east and
surrounds the past producing Red Crest Mine (Claude Resources). The property, which has been explored
only to very shallow depths, is underlain by the same geology and structure as these three past producers
and has been subjected to limited underground exploration from a shaft and adit on the property. The
property is host to numerous gold occurrences which have seen limited drill testing returning results such
as:
• Hole RWU53370 - 40.79 grams Au per tonne over 3.39 metres
• Hole RW8457 - 14.57 grams Au per tonne over 4.42 metres
• Hole RW8459 - 26.51 grams Au per tonne over 2.51 metres
• Hole RW8460 - 11.02 grams Au per tonne over 4.22 metres
• Hole RW8577 - 39.26 grams Au per tonne over 1.47 metres
Potential exists to expand upon these gold mineralized zones both along strike and at depth.
The Red Lake greenstone belt is host to some of the richest gold deposits in the world. The Red Lake
Camp has produced over 23 million ounces of gold, including approximately 18 million ounces from the
Goldcorp’s Red Lake Gold Mines deposit (source: MNDM website).
Hy Lake Gold is a junior exploration company focused on the gold exploration and development business
in the prolific Red Lake mining district of northwestern Ontario, Canada. Hy Lake Gold has assembled
four significant property packages on the west Red Lake Trend totalling approximately 3,000 hectares
and intends to explore these properties both along strike and at depth. Hy Lake Gold is committed to
providing growth and shareholder value through gold exploration, development and strategic acquisitions
in the Red Lake mining district in northwestern Ontario, Canada. To find out more about Hy Lake Gold
Inc. (CNQ: HYLK; FRANKFURT: HYK) visit our website at www.hylake.com.
The content of this release has been carried out under the supervision of Mr. Kenneth Guy, P. Geo.,
designated Qualified Person for Hy Lake Gold, who has reviewed the press release.
There are 16,685,781 shares of the Company outstanding.
On behalf of the board:
Mr. Robert B. Seitz, President
office @ hylake.com
FRANKFURT: HYK
NEWS RELEASE
HY LAKE GOLD AND GOLDCORP’S RED LAKE GOLD MINES SIGN OPTION
AGREEMENT ON THE ROWAN PROPERTY IN RED LAKE, ONTARIO
FOR IMMEDIATE RELEASE, December 13, 2007 – Toronto, Ontario.
Hy Lake Gold Inc. (CNQ: HYLK; FRANKFURT: HYK) (“Hy Lake Gold” and “the Company”) is
pleased to announce that further to its news release of October 3, 2007 it has signed an option agreement
with Red Lake Gold Mines, a general partnership of Goldcorp Inc. (TSX: G; NYSE: GG) and Goldcorp
Canada Ltd. on the Red Lake Gold Mines’ Rowan Property in Todd Township, Red Lake, Ontario.
Red Lake Gold Mines currently holds a 100% stake in the 117–claim, 2,187 hectare Rowan Lake property
which is contiguous with Hy Lake Gold’s Mount Jamie and Golden Tree properties to the west. Under the
terms of the option agreement, Hy Lake Gold can earn a 60% interest in the property, as operator, through
exploration expenditures of CAD $2,500,000 over 3 years with a minimum CAD $500,000 commitment
in the first year. Red Lake Gold Mines shall have an option back-in right to purchase a 20% interest in the
property from Hy Lake Gold for CAD $5,000,000 within 90 days of the exercise of the option by Hy
Lake Gold. If Red Lake Gold Mines exercises the option back-in right, it will thereafter have a 60% joint
venture interest and Hy Lake Gold will have a 40% joint venture interest in the Rowan Property. If Red
Lake Gold Mines does not exercise the option back-in right, Hy Lake Gold will issue and deliver to
Goldcorp 1,000,000 common shares of Hy Lake Gold. Furthermore, subsequent to the formation of the
joint venture, Goldcorp shall have a joint venture back-in right to purchase an 11% interest in the property
from Hy Lake Gold, within 90 days of the venture expending CAD $5,000,000 on operations, for CAD
$7,000,000. If Red Lake Gold Mines exercises the joint venture back-in right, it will thereafter have a
51% joint venture interest and Hy Lake Gold will have a 49% joint venture interest in the Rowan
Property.
Hy Lake Gold is also pleased to announce that it has commenced its exploration program on the Rowan
Property, including 4,200 metres of diamond drilling. The Company mobilized a drill to the property in
early November under the terms of the binding letter of intent as released on October 3, 2007. Drilling is
proceeding well and is testing known gold mineralized zones at depths of up to 550m below surface,
substantially deeper than any historic drilling on the property.
The Rowan Property lies on the Pipestone Bay-St. Paul’s Bay Deformation zone hosts the past producing
Rowan Lake Gold Mine, adjoins the past producing Mount Jamie Mine (Hy Lake Gold) to the east and
surrounds the past producing Red Crest Mine (Claude Resources). The property, which has been explored
only to very shallow depths, is underlain by the same geology and structure as these three past producers
and has been subjected to limited underground exploration from a shaft and adit on the property. The
property is host to numerous gold occurrences which have seen limited drill testing returning results such
as:
• Hole RWU53370 - 40.79 grams Au per tonne over 3.39 metres
• Hole RW8457 - 14.57 grams Au per tonne over 4.42 metres
• Hole RW8459 - 26.51 grams Au per tonne over 2.51 metres
• Hole RW8460 - 11.02 grams Au per tonne over 4.22 metres
• Hole RW8577 - 39.26 grams Au per tonne over 1.47 metres
Potential exists to expand upon these gold mineralized zones both along strike and at depth.
The Red Lake greenstone belt is host to some of the richest gold deposits in the world. The Red Lake
Camp has produced over 23 million ounces of gold, including approximately 18 million ounces from the
Goldcorp’s Red Lake Gold Mines deposit (source: MNDM website).
Hy Lake Gold is a junior exploration company focused on the gold exploration and development business
in the prolific Red Lake mining district of northwestern Ontario, Canada. Hy Lake Gold has assembled
four significant property packages on the west Red Lake Trend totalling approximately 3,000 hectares
and intends to explore these properties both along strike and at depth. Hy Lake Gold is committed to
providing growth and shareholder value through gold exploration, development and strategic acquisitions
in the Red Lake mining district in northwestern Ontario, Canada. To find out more about Hy Lake Gold
Inc. (CNQ: HYLK; FRANKFURT: HYK) visit our website at www.hylake.com.
The content of this release has been carried out under the supervision of Mr. Kenneth Guy, P. Geo.,
designated Qualified Person for Hy Lake Gold, who has reviewed the press release.
There are 16,685,781 shares of the Company outstanding.
On behalf of the board:
Mr. Robert B. Seitz, President
office @ hylake.com
NEWS RELEASE
CNQ: HYLK
FRANKFURT: HYK
HY LAKE GOLD ANNOUNCES CLOSING ON FLOW THROUGH FINANCING
FOR IMMEDIATE RELEASE January 3, 2008 - Toronto, ON
Hy Lake Gold Inc. (CNQ: HYLK; FRANKFURT: HYK) (“Hy Lake Gold” and “the Company”)
is pleased to announce the closing of a non-brokered private placement of 2,523,915 flow
through common shares (“Shares”) of the Company at $0.70 per Share for gross proceeds of
$1,766,740.50 which closed on December 28, 2007.
This financing is non-brokered and a finder’s fee of 7% cash will be paid to eligible finders. All
of the securities issued in the financing will have a hold period expiring four months and one day
after the closing date.
Hy Lake Gold is a junior exploration company focused on the gold exploration and development business
in the prolific Red Lake mining district of northwestern Ontario, Canada. Hy Lake Gold has assembled
three significant property packages totalling approximately 3,000 hectares in west Red Lake. The
properties cover a 10 kilometre distance along the west Red Lake Trend, containing 3 former producing
gold mines, and the Company intends to explore these properties both along strike and at depth. To find
out more about Hy Lake Gold Inc. (CNQ: HYLK; FRANKFURT: HYK) visit our website at
www.hylake.com.
There are 19,219,696 shares of the Company outstanding.
On behalf of the board:
Mr. Robert B. Seitz, President
office @ hylake.com
CNQ: HYLK
FRANKFURT: HYK
HY LAKE GOLD ANNOUNCES CLOSING ON FLOW THROUGH FINANCING
FOR IMMEDIATE RELEASE January 3, 2008 - Toronto, ON
Hy Lake Gold Inc. (CNQ: HYLK; FRANKFURT: HYK) (“Hy Lake Gold” and “the Company”)
is pleased to announce the closing of a non-brokered private placement of 2,523,915 flow
through common shares (“Shares”) of the Company at $0.70 per Share for gross proceeds of
$1,766,740.50 which closed on December 28, 2007.
This financing is non-brokered and a finder’s fee of 7% cash will be paid to eligible finders. All
of the securities issued in the financing will have a hold period expiring four months and one day
after the closing date.
Hy Lake Gold is a junior exploration company focused on the gold exploration and development business
in the prolific Red Lake mining district of northwestern Ontario, Canada. Hy Lake Gold has assembled
three significant property packages totalling approximately 3,000 hectares in west Red Lake. The
properties cover a 10 kilometre distance along the west Red Lake Trend, containing 3 former producing
gold mines, and the Company intends to explore these properties both along strike and at depth. To find
out more about Hy Lake Gold Inc. (CNQ: HYLK; FRANKFURT: HYK) visit our website at
www.hylake.com.
There are 19,219,696 shares of the Company outstanding.
On behalf of the board:
Mr. Robert B. Seitz, President
office @ hylake.com
NEWS RELEASE
CNQ: HYLK
FRANKFURT: HYK
HY LAKE GOLD ANNOUNCES CLOSING ON FLOW THROUGH FINANCING
FOR IMMEDIATE RELEASE January 3, 2008 - Toronto, ON
Hy Lake Gold Inc. (CNQ: HYLK; FRANKFURT: HYK) (“Hy Lake Gold” and “the Company”)
is pleased to announce the closing of a non-brokered private placement of 2,523,915 flow
through common shares (“Shares”) of the Company at $0.70 per Share for gross proceeds of
$1,766,740.50 which closed on December 28, 2007.
This financing is non-brokered and a finder’s fee of 7% cash will be paid to eligible finders. All
of the securities issued in the financing will have a hold period expiring four months and one day
after the closing date.
Hy Lake Gold is a junior exploration company focused on the gold exploration and development business
in the prolific Red Lake mining district of northwestern Ontario, Canada. Hy Lake Gold has assembled
three significant property packages totalling approximately 3,000 hectares in west Red Lake. The
properties cover a 10 kilometre distance along the west Red Lake Trend, containing 3 former producing
gold mines, and the Company intends to explore these properties both along strike and at depth. To find
out more about Hy Lake Gold Inc. (CNQ: HYLK; FRANKFURT: HYK) visit our website at
www.hylake.com.
There are 19,219,696 shares of the Company outstanding.
On behalf of the board:
Mr. Robert B. Seitz, President
office @ hylake.com
CNQ: HYLK
FRANKFURT: HYK
HY LAKE GOLD ANNOUNCES CLOSING ON FLOW THROUGH FINANCING
FOR IMMEDIATE RELEASE January 3, 2008 - Toronto, ON
Hy Lake Gold Inc. (CNQ: HYLK; FRANKFURT: HYK) (“Hy Lake Gold” and “the Company”)
is pleased to announce the closing of a non-brokered private placement of 2,523,915 flow
through common shares (“Shares”) of the Company at $0.70 per Share for gross proceeds of
$1,766,740.50 which closed on December 28, 2007.
This financing is non-brokered and a finder’s fee of 7% cash will be paid to eligible finders. All
of the securities issued in the financing will have a hold period expiring four months and one day
after the closing date.
Hy Lake Gold is a junior exploration company focused on the gold exploration and development business
in the prolific Red Lake mining district of northwestern Ontario, Canada. Hy Lake Gold has assembled
three significant property packages totalling approximately 3,000 hectares in west Red Lake. The
properties cover a 10 kilometre distance along the west Red Lake Trend, containing 3 former producing
gold mines, and the Company intends to explore these properties both along strike and at depth. To find
out more about Hy Lake Gold Inc. (CNQ: HYLK; FRANKFURT: HYK) visit our website at
www.hylake.com.
There are 19,219,696 shares of the Company outstanding.
On behalf of the board:
Mr. Robert B. Seitz, President
office @ hylake.com
HY LAKE GOLD INTERSECTS 2.8 METRES OF 22.54 GRAMS PER TONNE GOLD AT
RED LAKE PROPERTY
Toronto, Ontario CANADA, January 16, 2008 /FSC/ - Hy Lake Gold Inc.
(HYLK - CNQ, HYK - FWB), ("Hy Lake Gold" and "the Company") is pleased
to announce initial drill results from forty-two exploration drill
holes recently completed at its west Red Lake property package,
including the Rowan Property optioned from Red Lake Gold Mines, a
general partnership of Goldcorp Inc. (TSX: G; NYSE: GG) and Goldcorp
Canada Ltd. (see news release dated December 13, 2007), in Red Lake,
Ontario. The results confirm the potential for gold mineralizations at
depth with drill holes intercepting gold mineralization as deep as 525
metres downhole.
Selected Highlights:
* HYR-07-02 assayed 22.54 gpt (grams Au per tonne) over 2.80 m
(metres) including 118.54 gpt over 0.50 m
* HYR-07-03 assayed 58.40 gpt over 0.50 m, 67.30 gpt over 1.00 m and
15.68 gpt over 1.00 m in three separate veins
* HY-07-19 assayed 6.55 gpt over 2.10 m including 10.70 gpt over 1.00 m
The Company is drilling the steeply dipping gold mineralization which
trends east-west for 10 kms on the 100% controlled Mount Jamie
Property and adjacent Rowan Property on which Hy Lake Gold recently
acquired an option to earn a 60% interest from Red Lake Gold Mines.
The program is targeted on following the gold mineralization
associated with the favorable Red Lake geology along strike to depths
below previous drilling.
The following table reports the significant results of the first 3
holes from the 8-hole 2007 drilling program on the Rowan Property.
Assays are pending for the remaining holes and will be released upon
receipt of the final assay results.
-***-
--------------------------------------------------------------------
Hole From(m) To(m) Width(m) Gold(gpt) Width(ft) Gold(opt)
--------------------------------------------------------------------
HYR-07-01 399.00 400.00 1.00 1.84 3.28 0.05
--------------------------------------------------------------------
403.00 404.00 1.00 0.96 3.28 0.03
--------------------------------------------------------------------
409.00 410.00 1.00 1.37 3.28 0.04
--------------------------------------------------------------------
414.00 415.50 1.50 6.11 4.92 0.18
--------------------------------------------------------------------
487.00 488.00 1.00 1.49 3.28 0.04
--------------------------------------------------------------------
492.00 517.00 11.50 1.72 37.73 0.05
--------------------------------------------------------------------
including 492.00 492.50 0.50 12.03 1.64 0.35
--------------------------------------------------------------------
and 503.00 504.00 1.00 9.74 3.28 0.28
--------------------------------------------------------------------
and 512.00 513.00 1.00 2.72 3.28 0.08
--------------------------------------------------------------------
525.50 526.00 0.50 14.80 1.64 0.43
--------------------------------------------------------------------
HYR-07-02 109.10 110.10 1.00 1.08 3.28 0.03
--------------------------------------------------------------------
176.70 177.10 0.40 1.46 1.31 0.04
--------------------------------------------------------------------
185.70 186.60 0.90 1.11 2.95 0.03
--------------------------------------------------------------------
225.10 225.60 0.50 32.80 1.64 0.96
--------------------------------------------------------------------
233.00 239.40 6.40 1.73 21.00 0.05
--------------------------------------------------------------------
including 233.00 234.00 1.00 1.01 3.28 0.03
--------------------------------------------------------------------
and 234.60 235.10 0.50 12.10 1.64 0.35
--------------------------------------------------------------------
and 235.10 236.00 0.90 1.23 2.95 0.04
--------------------------------------------------------------------
and 236.00 236.80 0.80 1.90 2.62 0.06
--------------------------------------------------------------------
and 238.90 239.40 0.50 1.07 1.64 0.03
--------------------------------------------------------------------
277.00 278.00 1.00 1.86 3.28 0.05
--------------------------------------------------------------------
291.40 294.20 2.80 22.54 9.19 0.66
--------------------------------------------------------------------
including 291.40 291.90 0.50 3.42 1.64 0.10
--------------------------------------------------------------------
and 291.90 292.40 0.50 118.00 1.64 3.44
--------------------------------------------------------------------
and 292.90 293.90 1.00 1.69 3.28 0.05
--------------------------------------------------------------------
and 293.90 294.20 0.30 1.98 0.98 0.06
--------------------------------------------------------------------
HYR-07-03 247.50 247.90 0.40 1.02 1.31 0.03
--------------------------------------------------------------------
259.00 259.50 0.50 58.40 1.64 1.70
--------------------------------------------------------------------
267.00 268.00 1.00 67.30 3.28 1.96
--------------------------------------------------------------------
299.50 300.50 1.00 15.68 3.28 0.46
--------------------------------------------------------------------
322.00 323.00 1.00 2.16 3.28 0.06
--------------------------------------------------------------------
349.50 351.00 1.50 1.80 4.92 0.05
--------------------------------------------------------------------
405.80 406.30 0.50 1.96 1.64 0.06
--------------------------------------------------------------------
412.40 412.90 0.50 2.36 1.64 0.07
--------------------------------------------------------------------
-****-
The following table reports the significant results of the 39-hole
2007 drilling program on the Mount Jamie Property, adjacent to and
west of the Rowan Property.
-***-
--------------------------------------------------------------------
Hole From(m) To(m) Width(m) Gold(gpt) Width(ft) Gold(opt)
--------------------------------------------------------------------
HY-07-02 54.00 55.70 1.70 1.92 5.58 0.06
--------------------------------------------------------------------
including 54.00 55.00 1.00 1.50 3.28 0.04
--------------------------------------------------------------------
and 55.00 55.70 0.70 2.70 2.30 0.08
--------------------------------------------------------------------
HY-07-03 41.00 42.50 1.50 35.10 4.92 1.02
--------------------------------------------------------------------
including 41.00 41.50 0.50 0.96 1.64 0.03
--------------------------------------------------------------------
and 41.50 42.00 0.50 94.21 1.64 2.75
--------------------------------------------------------------------
HY-07-05 34.50 38.00 3.50 37.70 11.48 1.10
--------------------------------------------------------------------
including 34.50 35.00 0.50 29.43 1.64 0.86
--------------------------------------------------------------------
and 35.00 35.50 0.50 9.15 1.64 0.27
--------------------------------------------------------------------
and 36.00 36.50 0.50 194.74 1.64 5.68
--------------------------------------------------------------------
and 37.00 38.00 1.00 2.90 3.28 0.08
--------------------------------------------------------------------
HY-07-06 144.50 147.00 2.50 0.29 8.20 0.01
--------------------------------------------------------------------
144.5 145.5 1.00 0.27 3.28 0.01
--------------------------------------------------------------------
146.0 147.0 1.00 0.45 3.28 0.01
--------------------------------------------------------------------
HY-07-07 83.35 83.55 0.20 2.15 0.66 0.06
--------------------------------------------------------------------
96.40 96.60 0.20 2.33 0.66 0.07
--------------------------------------------------------------------
HY-07-08 27.70 28.70 1.00 31.79 3.28 0.93
--------------------------------------------------------------------
HY-07-10 38.50 39.50 1.00 1.28 3.28 0.04
--------------------------------------------------------------------
including 38.50 39.00 0.50 2.19 1.64 0.06
--------------------------------------------------------------------
68.80 70.50 1.70 1.66 5.58 0.05
--------------------------------------------------------------------
including 69.50 69.70 0.20 1.80 0.66 0.05
--------------------------------------------------------------------
and 69.70 70.00 0.30 1.12 0.98 0.03
--------------------------------------------------------------------
and 70.00 70.25 0.25 5.10 0.82 0.15
--------------------------------------------------------------------
and 70.25 70.50 0.25 3.10 0.82 0.09
--------------------------------------------------------------------
83.00 83.50 0.50 1.61 1.64 0.05
--------------------------------------------------------------------
HY-07-11 58.50 59.50 1.00 0.50 3.28 0.01
--------------------------------------------------------------------
145.50 146.00 0.50 0.52 1.64 0.02
--------------------------------------------------------------------
HY-07-12 77.00 77.60 0.60 2.33 1.97 0.07
--------------------------------------------------------------------
77.60 78.15 0.55 2.83 1.80 0.08
--------------------------------------------------------------------
HY-07-13 139.30 140.00 0.70 0.87 2.30 0.03
--------------------------------------------------------------------
HY-07-14 46.75 47.70 0.95 11.28 3.12 0.33
--------------------------------------------------------------------
46.75 47.05 0.30 34.64 0.98 1.01
--------------------------------------------------------------------
122.45 124.00 1.55 0.75 5.09 0.02
--------------------------------------------------------------------
Including 123.45 124.00 0.55 1.15 1.80 0.03
--------------------------------------------------------------------
HY-07-15 107.95 108.95 1.00 0.67 3.28 0.02
--------------------------------------------------------------------
109.45 110.00 0.55 3.08 1.80 0.09
--------------------------------------------------------------------
113.65 114.40 0.75 0.72 2.46 0.02
--------------------------------------------------------------------
113.65 114.10 0.45 0.68 1.48 0.02
--------------------------------------------------------------------
114.10 114.40 0.30 0.77 0.98 0.02
--------------------------------------------------------------------
HY-07-17 10.00 10.30 0.30 8.57 0.98 0.25
--------------------------------------------------------------------
HY-07-18 28.50 29.90 1.40 1.93 4.59 0.06
--------------------------------------------------------------------
78.60 78.90 0.30 4.76 0.98 0.14
--------------------------------------------------------------------
HY-07-19 21.50 23.30 1.80 0.93 5.91 0.03
--------------------------------------------------------------------
41.50 43.60 2.10 6.57 6.89 0.19
--------------------------------------------------------------------
including 41.50 42.50 1.00 10.70 3.28 0.31
--------------------------------------------------------------------
and 42.50 43.60 1.10 2.77 3.61 0.08
--------------------------------------------------------------------
HY-07-24 164.00 164.30 0.30 1.24 0.98 0.04
--------------------------------------------------------------------
HY-07-30 57.60 58.00 0.40 0.65 1.31 0.02
--------------------------------------------------------------------
124.90 125.20 0.30 2.10 0.98 0.06
--------------------------------------------------------------------
HY-07-31 151.40 151.80 0.40 1.29 1.31 0.04
--------------------------------------------------------------------
HY-07-34 349.50 349.80 0.30 0.84 0.98 0.02
--------------------------------------------------------------------
HY-07-36 55.20 55.50 0.30 0.53 0.98 0.02
--------------------------------------------------------------------
HY-07-37 227.20 228.00 0.80 3.69 2.62 0.11
--------------------------------------------------------------------
HY-07-39 431.60 432.00 0.40 1.17 1.31 0.03
--------------------------------------------------------------------
-****-
Notes:
* Lengths reported are core intersection lengths and do not represent
true widths.
* It is anticipated that true width estimates will be made possible
after additional drilling.
* Conversion: grams per tonne times 0.0292 equals troy ounce per short
ton.
* Previously released results
Drill holes tested east - west trending gold zones that are situated
within the geological environment that hosts the gold deposits in Red
Lake. The Red Lake greenstone belt is host to some of the richest gold
deposits in the world. The Red Gold Camp has produced more than 24
million ounces of gold to date (source: Ontario Ministry of Northern
Development and Mines).
The Hy Lake Gold properties lie on the Pipestone Bay-St. Paul's Bay
Deformation zone and host the past producing Rowan Lake Gold Mine, the
past producing Mount Jamie Mine (Hy Lake Gold) and surround the past
producing Red Crest Mine (Claude Resources). The properties, which
have been explored only to very shallow depths, are underlain by the
same geology and structure that hosts these three past producers and
have been subjected to only limited underground exploration. The
properties host numerous gold occurrences which have seen limited
drill testing and potential exists to expand upon these gold
mineralized zones both along strike and at depth.
All exploration work was conducted under Kenneth Guy, P. Geo.,
designated Qualified Person for HY Lake Gold, who has reviewed the
this press release. Gold analysis of samples collected by HY Lake Gold
were assayed by ALS Chemex, Vancouver, Canada. Analysis consisted of
a fire assay of a 50-gram sample with an ICP-AES finish with a
re-assay and gravimetric finish on samples assaying over 10 grams per
tonne. Samples noted to contain visible gold are analyzed via total
metallic assay method. A rigorous Quality Control and Assurance
program (QA/QC) is in place, using laboratory control samples
including Blanks, Standards and duplicate checks.
Hy Lake Gold is a junior exploration company focused on the gold
exploration and development business in the prolific Red Lake mining
district of northwestern Ontario, Canada. Hy Lake Gold has assembled
two significant adjacent property packages totalling approximately
3,000 hectares in west Red Lake. The properties cover a 10 kilometre
distance along the west Red Lake Trend, which contains 3 former
producing gold mines. The Company intends to explore these properties
both along strike and at depth. To find out more about Hy Lake Gold
Inc. (CNQ: HYLK; FRANKFURT: HYK) visit our website at www.hylake.com.
There are 19,330,896 shares of the Company outstanding.
On behalf of the board:
Mr. Robert B. Seitz, President
office @ hylake.com
To view the map of the Hy Lake Gold Properties on the Pipstone Bay -
St. Paul's Bay Deformation Zone, please click on the link provided:
http://www.usetdas.com/maps/hylake/hylakepipstonebay.pdf
Map hosted by Filing Services Canada Inc. website.
The CNQ has neither approved nor disapproved of the contents of this
press release.
***
http://www.cnq.ca/Storage/1131/100896_Hy-Lake-Press-Release-…
RED LAKE PROPERTY
Toronto, Ontario CANADA, January 16, 2008 /FSC/ - Hy Lake Gold Inc.
(HYLK - CNQ, HYK - FWB), ("Hy Lake Gold" and "the Company") is pleased
to announce initial drill results from forty-two exploration drill
holes recently completed at its west Red Lake property package,
including the Rowan Property optioned from Red Lake Gold Mines, a
general partnership of Goldcorp Inc. (TSX: G; NYSE: GG) and Goldcorp
Canada Ltd. (see news release dated December 13, 2007), in Red Lake,
Ontario. The results confirm the potential for gold mineralizations at
depth with drill holes intercepting gold mineralization as deep as 525
metres downhole.
Selected Highlights:
* HYR-07-02 assayed 22.54 gpt (grams Au per tonne) over 2.80 m
(metres) including 118.54 gpt over 0.50 m
* HYR-07-03 assayed 58.40 gpt over 0.50 m, 67.30 gpt over 1.00 m and
15.68 gpt over 1.00 m in three separate veins
* HY-07-19 assayed 6.55 gpt over 2.10 m including 10.70 gpt over 1.00 m
The Company is drilling the steeply dipping gold mineralization which
trends east-west for 10 kms on the 100% controlled Mount Jamie
Property and adjacent Rowan Property on which Hy Lake Gold recently
acquired an option to earn a 60% interest from Red Lake Gold Mines.
The program is targeted on following the gold mineralization
associated with the favorable Red Lake geology along strike to depths
below previous drilling.
The following table reports the significant results of the first 3
holes from the 8-hole 2007 drilling program on the Rowan Property.
Assays are pending for the remaining holes and will be released upon
receipt of the final assay results.
-***-
--------------------------------------------------------------------
Hole From(m) To(m) Width(m) Gold(gpt) Width(ft) Gold(opt)
--------------------------------------------------------------------
HYR-07-01 399.00 400.00 1.00 1.84 3.28 0.05
--------------------------------------------------------------------
403.00 404.00 1.00 0.96 3.28 0.03
--------------------------------------------------------------------
409.00 410.00 1.00 1.37 3.28 0.04
--------------------------------------------------------------------
414.00 415.50 1.50 6.11 4.92 0.18
--------------------------------------------------------------------
487.00 488.00 1.00 1.49 3.28 0.04
--------------------------------------------------------------------
492.00 517.00 11.50 1.72 37.73 0.05
--------------------------------------------------------------------
including 492.00 492.50 0.50 12.03 1.64 0.35
--------------------------------------------------------------------
and 503.00 504.00 1.00 9.74 3.28 0.28
--------------------------------------------------------------------
and 512.00 513.00 1.00 2.72 3.28 0.08
--------------------------------------------------------------------
525.50 526.00 0.50 14.80 1.64 0.43
--------------------------------------------------------------------
HYR-07-02 109.10 110.10 1.00 1.08 3.28 0.03
--------------------------------------------------------------------
176.70 177.10 0.40 1.46 1.31 0.04
--------------------------------------------------------------------
185.70 186.60 0.90 1.11 2.95 0.03
--------------------------------------------------------------------
225.10 225.60 0.50 32.80 1.64 0.96
--------------------------------------------------------------------
233.00 239.40 6.40 1.73 21.00 0.05
--------------------------------------------------------------------
including 233.00 234.00 1.00 1.01 3.28 0.03
--------------------------------------------------------------------
and 234.60 235.10 0.50 12.10 1.64 0.35
--------------------------------------------------------------------
and 235.10 236.00 0.90 1.23 2.95 0.04
--------------------------------------------------------------------
and 236.00 236.80 0.80 1.90 2.62 0.06
--------------------------------------------------------------------
and 238.90 239.40 0.50 1.07 1.64 0.03
--------------------------------------------------------------------
277.00 278.00 1.00 1.86 3.28 0.05
--------------------------------------------------------------------
291.40 294.20 2.80 22.54 9.19 0.66
--------------------------------------------------------------------
including 291.40 291.90 0.50 3.42 1.64 0.10
--------------------------------------------------------------------
and 291.90 292.40 0.50 118.00 1.64 3.44
--------------------------------------------------------------------
and 292.90 293.90 1.00 1.69 3.28 0.05
--------------------------------------------------------------------
and 293.90 294.20 0.30 1.98 0.98 0.06
--------------------------------------------------------------------
HYR-07-03 247.50 247.90 0.40 1.02 1.31 0.03
--------------------------------------------------------------------
259.00 259.50 0.50 58.40 1.64 1.70
--------------------------------------------------------------------
267.00 268.00 1.00 67.30 3.28 1.96
--------------------------------------------------------------------
299.50 300.50 1.00 15.68 3.28 0.46
--------------------------------------------------------------------
322.00 323.00 1.00 2.16 3.28 0.06
--------------------------------------------------------------------
349.50 351.00 1.50 1.80 4.92 0.05
--------------------------------------------------------------------
405.80 406.30 0.50 1.96 1.64 0.06
--------------------------------------------------------------------
412.40 412.90 0.50 2.36 1.64 0.07
--------------------------------------------------------------------
-****-
The following table reports the significant results of the 39-hole
2007 drilling program on the Mount Jamie Property, adjacent to and
west of the Rowan Property.
-***-
--------------------------------------------------------------------
Hole From(m) To(m) Width(m) Gold(gpt) Width(ft) Gold(opt)
--------------------------------------------------------------------
HY-07-02 54.00 55.70 1.70 1.92 5.58 0.06
--------------------------------------------------------------------
including 54.00 55.00 1.00 1.50 3.28 0.04
--------------------------------------------------------------------
and 55.00 55.70 0.70 2.70 2.30 0.08
--------------------------------------------------------------------
HY-07-03 41.00 42.50 1.50 35.10 4.92 1.02
--------------------------------------------------------------------
including 41.00 41.50 0.50 0.96 1.64 0.03
--------------------------------------------------------------------
and 41.50 42.00 0.50 94.21 1.64 2.75
--------------------------------------------------------------------
HY-07-05 34.50 38.00 3.50 37.70 11.48 1.10
--------------------------------------------------------------------
including 34.50 35.00 0.50 29.43 1.64 0.86
--------------------------------------------------------------------
and 35.00 35.50 0.50 9.15 1.64 0.27
--------------------------------------------------------------------
and 36.00 36.50 0.50 194.74 1.64 5.68
--------------------------------------------------------------------
and 37.00 38.00 1.00 2.90 3.28 0.08
--------------------------------------------------------------------
HY-07-06 144.50 147.00 2.50 0.29 8.20 0.01
--------------------------------------------------------------------
144.5 145.5 1.00 0.27 3.28 0.01
--------------------------------------------------------------------
146.0 147.0 1.00 0.45 3.28 0.01
--------------------------------------------------------------------
HY-07-07 83.35 83.55 0.20 2.15 0.66 0.06
--------------------------------------------------------------------
96.40 96.60 0.20 2.33 0.66 0.07
--------------------------------------------------------------------
HY-07-08 27.70 28.70 1.00 31.79 3.28 0.93
--------------------------------------------------------------------
HY-07-10 38.50 39.50 1.00 1.28 3.28 0.04
--------------------------------------------------------------------
including 38.50 39.00 0.50 2.19 1.64 0.06
--------------------------------------------------------------------
68.80 70.50 1.70 1.66 5.58 0.05
--------------------------------------------------------------------
including 69.50 69.70 0.20 1.80 0.66 0.05
--------------------------------------------------------------------
and 69.70 70.00 0.30 1.12 0.98 0.03
--------------------------------------------------------------------
and 70.00 70.25 0.25 5.10 0.82 0.15
--------------------------------------------------------------------
and 70.25 70.50 0.25 3.10 0.82 0.09
--------------------------------------------------------------------
83.00 83.50 0.50 1.61 1.64 0.05
--------------------------------------------------------------------
HY-07-11 58.50 59.50 1.00 0.50 3.28 0.01
--------------------------------------------------------------------
145.50 146.00 0.50 0.52 1.64 0.02
--------------------------------------------------------------------
HY-07-12 77.00 77.60 0.60 2.33 1.97 0.07
--------------------------------------------------------------------
77.60 78.15 0.55 2.83 1.80 0.08
--------------------------------------------------------------------
HY-07-13 139.30 140.00 0.70 0.87 2.30 0.03
--------------------------------------------------------------------
HY-07-14 46.75 47.70 0.95 11.28 3.12 0.33
--------------------------------------------------------------------
46.75 47.05 0.30 34.64 0.98 1.01
--------------------------------------------------------------------
122.45 124.00 1.55 0.75 5.09 0.02
--------------------------------------------------------------------
Including 123.45 124.00 0.55 1.15 1.80 0.03
--------------------------------------------------------------------
HY-07-15 107.95 108.95 1.00 0.67 3.28 0.02
--------------------------------------------------------------------
109.45 110.00 0.55 3.08 1.80 0.09
--------------------------------------------------------------------
113.65 114.40 0.75 0.72 2.46 0.02
--------------------------------------------------------------------
113.65 114.10 0.45 0.68 1.48 0.02
--------------------------------------------------------------------
114.10 114.40 0.30 0.77 0.98 0.02
--------------------------------------------------------------------
HY-07-17 10.00 10.30 0.30 8.57 0.98 0.25
--------------------------------------------------------------------
HY-07-18 28.50 29.90 1.40 1.93 4.59 0.06
--------------------------------------------------------------------
78.60 78.90 0.30 4.76 0.98 0.14
--------------------------------------------------------------------
HY-07-19 21.50 23.30 1.80 0.93 5.91 0.03
--------------------------------------------------------------------
41.50 43.60 2.10 6.57 6.89 0.19
--------------------------------------------------------------------
including 41.50 42.50 1.00 10.70 3.28 0.31
--------------------------------------------------------------------
and 42.50 43.60 1.10 2.77 3.61 0.08
--------------------------------------------------------------------
HY-07-24 164.00 164.30 0.30 1.24 0.98 0.04
--------------------------------------------------------------------
HY-07-30 57.60 58.00 0.40 0.65 1.31 0.02
--------------------------------------------------------------------
124.90 125.20 0.30 2.10 0.98 0.06
--------------------------------------------------------------------
HY-07-31 151.40 151.80 0.40 1.29 1.31 0.04
--------------------------------------------------------------------
HY-07-34 349.50 349.80 0.30 0.84 0.98 0.02
--------------------------------------------------------------------
HY-07-36 55.20 55.50 0.30 0.53 0.98 0.02
--------------------------------------------------------------------
HY-07-37 227.20 228.00 0.80 3.69 2.62 0.11
--------------------------------------------------------------------
HY-07-39 431.60 432.00 0.40 1.17 1.31 0.03
--------------------------------------------------------------------
-****-
Notes:
* Lengths reported are core intersection lengths and do not represent
true widths.
* It is anticipated that true width estimates will be made possible
after additional drilling.
* Conversion: grams per tonne times 0.0292 equals troy ounce per short
ton.
* Previously released results
Drill holes tested east - west trending gold zones that are situated
within the geological environment that hosts the gold deposits in Red
Lake. The Red Lake greenstone belt is host to some of the richest gold
deposits in the world. The Red Gold Camp has produced more than 24
million ounces of gold to date (source: Ontario Ministry of Northern
Development and Mines).
The Hy Lake Gold properties lie on the Pipestone Bay-St. Paul's Bay
Deformation zone and host the past producing Rowan Lake Gold Mine, the
past producing Mount Jamie Mine (Hy Lake Gold) and surround the past
producing Red Crest Mine (Claude Resources). The properties, which
have been explored only to very shallow depths, are underlain by the
same geology and structure that hosts these three past producers and
have been subjected to only limited underground exploration. The
properties host numerous gold occurrences which have seen limited
drill testing and potential exists to expand upon these gold
mineralized zones both along strike and at depth.
All exploration work was conducted under Kenneth Guy, P. Geo.,
designated Qualified Person for HY Lake Gold, who has reviewed the
this press release. Gold analysis of samples collected by HY Lake Gold
were assayed by ALS Chemex, Vancouver, Canada. Analysis consisted of
a fire assay of a 50-gram sample with an ICP-AES finish with a
re-assay and gravimetric finish on samples assaying over 10 grams per
tonne. Samples noted to contain visible gold are analyzed via total
metallic assay method. A rigorous Quality Control and Assurance
program (QA/QC) is in place, using laboratory control samples
including Blanks, Standards and duplicate checks.
Hy Lake Gold is a junior exploration company focused on the gold
exploration and development business in the prolific Red Lake mining
district of northwestern Ontario, Canada. Hy Lake Gold has assembled
two significant adjacent property packages totalling approximately
3,000 hectares in west Red Lake. The properties cover a 10 kilometre
distance along the west Red Lake Trend, which contains 3 former
producing gold mines. The Company intends to explore these properties
both along strike and at depth. To find out more about Hy Lake Gold
Inc. (CNQ: HYLK; FRANKFURT: HYK) visit our website at www.hylake.com.
There are 19,330,896 shares of the Company outstanding.
On behalf of the board:
Mr. Robert B. Seitz, President
office @ hylake.com
To view the map of the Hy Lake Gold Properties on the Pipstone Bay -
St. Paul's Bay Deformation Zone, please click on the link provided:
http://www.usetdas.com/maps/hylake/hylakepipstonebay.pdf
Map hosted by Filing Services Canada Inc. website.
The CNQ has neither approved nor disapproved of the contents of this
press release.
***
http://www.cnq.ca/Storage/1131/100896_Hy-Lake-Press-Release-…
Antwort auf Beitrag Nr.: 32.807.834 von geordie am 18.12.07 20:16:591.) Red Lake Gold Mines (ich kürze es ab mit RLGM) und HY haben ein gemeinsames Propertie bezeichnet als "Rowan Lake".
HY kann 60% an diesem Propertie von RLGM erwerben, indem Sie in einem Zeitraum von 3 Jahren 2.5 Mio Can$ in dieses Gebiet durch Explorationsarbeiten investieren. 500.000 Can$ im Ersten Jahr.
Ergebnis: HY 60% / RLGM 40%
2.) RLGM kann von den 60% von HY 20% zurückkaufen in Höhe von 5 Mio Can$
Ergebnis: HY 40% / RLGM 60%
3.) Wenn RLGM diese Option nicht zieht, d.h. alles beim Alten bleibt wie unter 1), dann muß HY dafür im Ausgleich 1 Mio shares an Goldcorp transferieren.
Ergebnis: HY 60% / RLGM 40% / Goldcorp 1 Mio share von HY
4.) Außerdem hat Goldcorp die Option, 11% am Rowan-Propertie Anteil von HY (=60%) zu erwerben. Kaufpreis: 7 Mio Can$
Bedingung: HY muss 5 Mio Can$ in Explorationsarbeiten von Rowan Lake investieren.
Ergebnis: HY 49% / RLGM 51%
HY kann 60% an diesem Propertie von RLGM erwerben, indem Sie in einem Zeitraum von 3 Jahren 2.5 Mio Can$ in dieses Gebiet durch Explorationsarbeiten investieren. 500.000 Can$ im Ersten Jahr.
Ergebnis: HY 60% / RLGM 40%
2.) RLGM kann von den 60% von HY 20% zurückkaufen in Höhe von 5 Mio Can$
Ergebnis: HY 40% / RLGM 60%
3.) Wenn RLGM diese Option nicht zieht, d.h. alles beim Alten bleibt wie unter 1), dann muß HY dafür im Ausgleich 1 Mio shares an Goldcorp transferieren.
Ergebnis: HY 60% / RLGM 40% / Goldcorp 1 Mio share von HY
4.) Außerdem hat Goldcorp die Option, 11% am Rowan-Propertie Anteil von HY (=60%) zu erwerben. Kaufpreis: 7 Mio Can$
Bedingung: HY muss 5 Mio Can$ in Explorationsarbeiten von Rowan Lake investieren.
Ergebnis: HY 49% / RLGM 51%
New FactSheet März 2008 zur geplanten Homepage und Börsenwechsel!
[/img]
[/url]
[/img]
[/img]
[/url]
[/img]
Im Folgenden eine Übersicht der gegenwärtigen Insider, Verantwortlichen und Optionenbesitzer von Hy Lake Gold.
Hier sind nach wie vor richtige Größen an Bord, sehr gute Vorraussetzungen sind gegeben.
Die Vielfältigkeit und die Erfahrung einiger "Optionsholder" sind beeindruckend.
Eine Spitzentruppe, die sich die letzten Monate vergrößert und weiter zusammengesetzt hat.
Habe diesen Bericht nochmals überarbeiten und erweitern können.
Unter Anderem arbeitet Hy Lake mit folgenden Consultants zusammen,
die alle mit Aktienoptionen bereichert wurden.
Viele Consultants haben sich in den Optionen eingereiht, diese stehen bis 2012 offen.
Übersicht der Optionen, Quelle: http://www.cnq.ca/Storage/1123/100036_HYLK_CNQ_Form_11_14Nov…
Aktuellste, veröffentlichte Berichte an der CNQ: http://www.cnq.ca/Page.asp?PageID=2041&AA_RecordID=157
Hy Lake Gold Financials: http://finance.google.com/finance?q=OTC:HYLKF
Robert Seitz: President of Hy Lake Gold
http://hylake.com/mgnt_management.html
President, is a corporate finance and investment banking professional with 20 years of capital markets experience.
He is on the boards of several resource companies including Batavia Energy, Laird Lake Resources and Russet Lake Resources.
Michael Meredith: Chairman von Hy Lake Gold
http://hylake.com/mgnt_management.html
Director, has many years experience in resource industry management.
His brother Tom is Director and President of Vedron Gold.
Mr. Meredith is a resource industry veteran over 30 years of industry experience. He was previously the Chairman of McLaren Resources, a CNQ-listed resource company.
Michael Dehn: Geologenteam von Hy Lake Gold
http://www.hylake.com/pdf/Hy-Lake-Press-Release-20080327.pdf
Dieser Mann sei vorher für einen wahrhaftigen Minengiganten tätig gewesen: Goldcorp sei eine einzige Erfolgsgeschichte und das lasse sich wieder einmal am besten am Aktienkurs veranschaulichen. In den letzten Jahren habe sich der Wert der Aktie rund verzehnfacht, und der Chefgeologe Michael Dehn, der von 1994 bis 2005 bei Goldcorp den Lohnzettel empfangen habe, sei daran sicherlich mitverantwortlich gewesen. Das müsse man sich einmal vor Augen führen.
After joining Goldcorp Inc. in 1994, Mr. Dehn played a strategic role in all of Goldcorp’s joint ventures in the area and managed all regional exploration programs from 1999. He brings a vast amount of valuable industry experience.
Local knowledge and close contacts with Goldcorp and the Red Lake Gold Camp in general to Hy Lake Gold.
Mr. Dehn, a former senior geologist for Goldcorp Inc., has been active in the mining industry involved in exploring for precious metals, base metals, diamonds and industrial minerals, as well as financings, marketing and project management, since 1994. He graduated from the University of Waterloo with a BSc. in Earth Science in 1993, and has worked extensively with new regional exploration technologies including remote sensing, computer modeling, geophysics and geochemistry.
John Sirunas: Geologenteam von Hy Lake Gold
http://hylake.com/mgnt_management.html
Corporate Secretary, is a geological engineer with 25 years of exploration experience in Ontario, Canada.
President, Director and Secretary of Cuervo Resources.
Mr. Siriunas is actively involved in all aspects of the business of Cuervo and will continue to devote approximately 90% of his time, on average, to the business of Cuervo as an independent contractor. Mr. Siriunas has carried on business as an independent consultant to the mining industry since 1979. Mr. Siriunas has also served in various management capacities with mining exploration companies including serving as a director of Shield Gold Inc. from 2005 to the present, Hy Lake Gold Inc. from 2006 to present, Terex Resources Inc. (formerly Zenda Capital Corp.) from 2002 to 2005, director and officer of Aavdex Corporation from 1998 to 2002 and a director of Findore Gold Resources Inc. from 1998 to 1999. Mr. Siriunas has not entered into a non-competition or non-disclosure agreement with Cuervo. Based on his professional qualifications and experience, Mr Siriunas is a “qualified person” as defined in National Instrument 43-101 (Standards of Disclosure for Mineral Projects) of the Canadian Securities Administrators and is considered by the Corporation to be its primary qualified person. As the designated qualified person for Cuervo under the definition of NI43-101, content for this website has been prepared under Mr. Siriunas’ supervision.
David McDonald: CA, Chief Financial Officer of Hy Lake Gold
http://hylake.com/mgnt_management.html
David McDonald graduated with an Honours Bachelor of Commerce degree in 1982 from Laurentian University in Sudbury Ontario and earned his C.A. designation in 1991 articling with the Accounting firm of Ernst & Young, Toronto. David joined Moore Business Forms in 1992, as Senior Internal Auditor and served as a Controller until 1994. He left Moore to join a successful start up company. Since 2000 he has been offering accounting and financial consulting to private and public companies. Currently David is developing a fully integrated Quarterly and Year End financial reporting package, for junior mining companies, through an association with Revelstone Investments Inc. David is also the C.F.O. of Hy Lake Gold Inc., a junior Canadian base mineral exploration company, listed on the CNQ exchange under the symbol “HYLK”.
Alex Falconer: Chief Financial Officer VG Gold
http://www.vggoldcorp.com/management/management.cfm
"Alex Falconer, a Chartered Accountant, serves as the Chief Financial Officer of VG Gold. Mr. Falconer is a Chartered Accountant. Mr. Falconer also serves on the board of directors of Sea Green Capital Corp. (TSXV:SGS) and Newbaska Gold & Copper Mines Ltd. Mr. Falconer holds a B. Comm. from Laurentian University. Mr. Falconer was a public company auditor for seven years prior to moving to corporate management."
Alex is a Chartered Accountant with background in the public domain and with extensive consulting experience with small cap businesses going public, including regulatory filings, strategic alliances, acquisitions and the raising of capital.
Alex graduated from Laurentian University in Sudbury Ontario with an Honours, Bachelor of Commerce Degree in 1982. He articled with the Toronto office of Ernst & Young, LLC and earned his CA designation in 1990. From 1992 to 1996 Alex worked at the Toronto office of Hyde Houghton & Co. with a variety of responsibilities that included supervision of audit teams, development of marketing strategies and materials, supervision of the firm’s budgets, drafted billings and collections.
In April 1996, Alex left to join Plasma Environmental Technologies Inc. of Toronto, Ontario a technology company listed on the TSX Venture (now Blue Vista Technologes Inc. – BV). He is the Chief Financial Officer and Chairman of the Board. His responsibilities include creating cash flow projections, budgets and business plans as well as establishing accounting procedures and controls. Alex has also prepared disclosures in compliance with the Ontario Securities Commission, the Alberta Securities Commission, the British Columbia Securities Commission and the TSX Venture Exchange. He has also hosted numerous presentations to Bay Street brokers and venture capitalists and coordinated information exchange between joint venture partners HPL and Kinectrics which led to the negotiation and eventual signing of a strategic International; Co-Development Agreement between the two parties. Alex has also been successful in raising over $5 million through the public vehicle, including a Confidential Offering Memorandum using the Canadian Renewable and Conservation Expenses exemption.
From 1996 to the present Alex has also held a number of professional positions in a variety of companies. From 1996 – 2004 he was a founding partner and investor in Streetside Media Inc. in Peterborough, Ontario. From September 1999 to present Alex has been an investor in RxRite.com Inc. of Toronto, Ontario a technology startup that is developing a wireless electronic prescription platform.. At Innovium Capital Corp. of Toronto, Alex provided accounting support from January 2000 – January 2002 that included cash flow projections and the preparation of financial information for Public Company disclosure including the Quebec Securities Commission and the Montreal Stock Exchange. From November 2004 to the present Alex has been a Director of Sea Green Capital Corp. (TSX Venture – SGS). Alex also sits on the board of Shoal Point Energy Inc., a company that is raising $20,000,000 and is going public through the IPO process. He also acts as CFO for VG Gold Corp., a public company listed on the TSX Venture exchange and CFO for Mustang Minerals Corp., also listed on the TSX Venture.
Alex also acted as a member of the audit committee and director for Petroworth Resources Inc through the period commencing in February, 2006 , and lasting until April 2007. The Company had become suspended by the TSX Venture prior to Alex becoming a director. During the period Alex was a director, he assisted at restating prior period financial statements, obtaining TSX Venture consent for a voluntary delisting and obtained a listing on the CNQ.
Paul Parisotto: President & CEO von Arizona Star
http://www.arizonastar.com/content/management/dir_off.cfm/ca…
"Paul A. Parisotto, (President & CEO, Director) has over 20 years experience in the securities industry. He is currently the President on Coniston Investment Corp.,, a firm he formed in 1999 to provide investment banking services for mining companies. Prior to forming Coniston, Mr. Parisotto was a senior vice president and director, Mining Corporate Finance at two Canadian brokerage firms, as well as Manager of New Listing at the Toronto Stock Exchange from 1983 to 1994."
Ken Guy: Exploration Manager, VG Gold
http://www.vggoldcorp.com/management/management.cfm
"Ken Guy, P.Geo. is the exploration manager of the Company with 30 years of exploration experience in Ontario Canada. Ken has worked as an exploration manager with BP Selco, Getty Metals and Cypress Minerals prior to joining VG Gold in 2003."
Richard Buzbuzian: Ehemaliger Vice President von ECU Silver
http://www.marketwire.com/mw/release.do?id=792412
"ECU Silver is also pleased to announce the appointment of Dwight Walker, effective November 19, 2007 as Chief Financial Officer for ECU Silver.
Mr. Walker has 30 years of extensive experience in financial and administrative management in the manufacturing, distribution, retail, and public accounting sectors. He has worked in large and small corporate environments including Ernst & Young, Patheon Group and Richards Packaging a TSX listed public company where he was most recently Director, Administration reporting directly to the CFO. Mr. Walker is a Certified General Accountant and has his Bachelors in Mathematics from the University of Waterloo.
The Company also wishes to announce that Richard Buzbuzian's contract has expired and Mr. Buzbuzian is pursuing other opportunities. We wish to thank Richard for his hard work and contribution to the Company."
Louis Béliveau: Management Specialist von VG Gold
http://www.vggoldcorp.com/management.html
"Legal and regulatory", im Management von VG Gold tätig
Ron Struthers: Renommierter Edelmetallguru aus Kanada
http://playstocks.net/Info.asp
Schwerpunkt: Rohstoffe, Mining, Explorer; Langfristinvestor mit zahlreichen Investerfolgen, BB-Herausgeber, erfolgreicher Analyst, langjährige Erfahrung, hat ein ausgezeichnetes Händchen für Trends.
Spricht bei Hy Lake Gold vom nächsten "Major play" im Red Lake District. Hat exzellente Prognosen und Berichte im Herbst letzten Jahres veröffentlicht, seine Treffgenauigkeit ist beeindruckend.
Prangert seit einem halben Jahr die Tiefenbohrungen an, dort in den Tiefen >800m vermutet er die größten, wichtigsten Vorkommen. Rechnet dem Joint Venture mit GoldCorp viel zu. Sieht ein gesundes internes Finanzwesen und eine zügige Entwicklung. Spricht bei Hy Lake von enormen Kurspotenzial, im Hinblick auf die Marktkapitaliserung.
Seine Homepage: playstocks.net
"With my background as an analyst for a multinational computer giant, I am able to research and analyze vast amounts of investment data with the aid of the most technically advanced computer hardware and software. This compliments my 26 years experience investing in the resource and tech sector, along with numerous inside contacts I have nurtured over the years to provide a top notch subscriber service. Numerous brokers, fund managers and CEOs are subscribers, read what others say about Struther's Reports."
Hier sind nach wie vor richtige Größen an Bord, sehr gute Vorraussetzungen sind gegeben.
Die Vielfältigkeit und die Erfahrung einiger "Optionsholder" sind beeindruckend.
Eine Spitzentruppe, die sich die letzten Monate vergrößert und weiter zusammengesetzt hat.
Habe diesen Bericht nochmals überarbeiten und erweitern können.
Unter Anderem arbeitet Hy Lake mit folgenden Consultants zusammen,
die alle mit Aktienoptionen bereichert wurden.
Viele Consultants haben sich in den Optionen eingereiht, diese stehen bis 2012 offen.
Übersicht der Optionen, Quelle: http://www.cnq.ca/Storage/1123/100036_HYLK_CNQ_Form_11_14Nov…
Aktuellste, veröffentlichte Berichte an der CNQ: http://www.cnq.ca/Page.asp?PageID=2041&AA_RecordID=157
Hy Lake Gold Financials: http://finance.google.com/finance?q=OTC:HYLKF
Robert Seitz: President of Hy Lake Gold
http://hylake.com/mgnt_management.html
President, is a corporate finance and investment banking professional with 20 years of capital markets experience.
He is on the boards of several resource companies including Batavia Energy, Laird Lake Resources and Russet Lake Resources.
Michael Meredith: Chairman von Hy Lake Gold
http://hylake.com/mgnt_management.html
Director, has many years experience in resource industry management.
His brother Tom is Director and President of Vedron Gold.
Mr. Meredith is a resource industry veteran over 30 years of industry experience. He was previously the Chairman of McLaren Resources, a CNQ-listed resource company.
Michael Dehn: Geologenteam von Hy Lake Gold
http://www.hylake.com/pdf/Hy-Lake-Press-Release-20080327.pdf
Dieser Mann sei vorher für einen wahrhaftigen Minengiganten tätig gewesen: Goldcorp sei eine einzige Erfolgsgeschichte und das lasse sich wieder einmal am besten am Aktienkurs veranschaulichen. In den letzten Jahren habe sich der Wert der Aktie rund verzehnfacht, und der Chefgeologe Michael Dehn, der von 1994 bis 2005 bei Goldcorp den Lohnzettel empfangen habe, sei daran sicherlich mitverantwortlich gewesen. Das müsse man sich einmal vor Augen führen.
After joining Goldcorp Inc. in 1994, Mr. Dehn played a strategic role in all of Goldcorp’s joint ventures in the area and managed all regional exploration programs from 1999. He brings a vast amount of valuable industry experience.
Local knowledge and close contacts with Goldcorp and the Red Lake Gold Camp in general to Hy Lake Gold.
Mr. Dehn, a former senior geologist for Goldcorp Inc., has been active in the mining industry involved in exploring for precious metals, base metals, diamonds and industrial minerals, as well as financings, marketing and project management, since 1994. He graduated from the University of Waterloo with a BSc. in Earth Science in 1993, and has worked extensively with new regional exploration technologies including remote sensing, computer modeling, geophysics and geochemistry.
John Sirunas: Geologenteam von Hy Lake Gold
http://hylake.com/mgnt_management.html
Corporate Secretary, is a geological engineer with 25 years of exploration experience in Ontario, Canada.
President, Director and Secretary of Cuervo Resources.
Mr. Siriunas is actively involved in all aspects of the business of Cuervo and will continue to devote approximately 90% of his time, on average, to the business of Cuervo as an independent contractor. Mr. Siriunas has carried on business as an independent consultant to the mining industry since 1979. Mr. Siriunas has also served in various management capacities with mining exploration companies including serving as a director of Shield Gold Inc. from 2005 to the present, Hy Lake Gold Inc. from 2006 to present, Terex Resources Inc. (formerly Zenda Capital Corp.) from 2002 to 2005, director and officer of Aavdex Corporation from 1998 to 2002 and a director of Findore Gold Resources Inc. from 1998 to 1999. Mr. Siriunas has not entered into a non-competition or non-disclosure agreement with Cuervo. Based on his professional qualifications and experience, Mr Siriunas is a “qualified person” as defined in National Instrument 43-101 (Standards of Disclosure for Mineral Projects) of the Canadian Securities Administrators and is considered by the Corporation to be its primary qualified person. As the designated qualified person for Cuervo under the definition of NI43-101, content for this website has been prepared under Mr. Siriunas’ supervision.
David McDonald: CA, Chief Financial Officer of Hy Lake Gold
http://hylake.com/mgnt_management.html
David McDonald graduated with an Honours Bachelor of Commerce degree in 1982 from Laurentian University in Sudbury Ontario and earned his C.A. designation in 1991 articling with the Accounting firm of Ernst & Young, Toronto. David joined Moore Business Forms in 1992, as Senior Internal Auditor and served as a Controller until 1994. He left Moore to join a successful start up company. Since 2000 he has been offering accounting and financial consulting to private and public companies. Currently David is developing a fully integrated Quarterly and Year End financial reporting package, for junior mining companies, through an association with Revelstone Investments Inc. David is also the C.F.O. of Hy Lake Gold Inc., a junior Canadian base mineral exploration company, listed on the CNQ exchange under the symbol “HYLK”.
Alex Falconer: Chief Financial Officer VG Gold
http://www.vggoldcorp.com/management/management.cfm
"Alex Falconer, a Chartered Accountant, serves as the Chief Financial Officer of VG Gold. Mr. Falconer is a Chartered Accountant. Mr. Falconer also serves on the board of directors of Sea Green Capital Corp. (TSXV:SGS) and Newbaska Gold & Copper Mines Ltd. Mr. Falconer holds a B. Comm. from Laurentian University. Mr. Falconer was a public company auditor for seven years prior to moving to corporate management."
Alex is a Chartered Accountant with background in the public domain and with extensive consulting experience with small cap businesses going public, including regulatory filings, strategic alliances, acquisitions and the raising of capital.
Alex graduated from Laurentian University in Sudbury Ontario with an Honours, Bachelor of Commerce Degree in 1982. He articled with the Toronto office of Ernst & Young, LLC and earned his CA designation in 1990. From 1992 to 1996 Alex worked at the Toronto office of Hyde Houghton & Co. with a variety of responsibilities that included supervision of audit teams, development of marketing strategies and materials, supervision of the firm’s budgets, drafted billings and collections.
In April 1996, Alex left to join Plasma Environmental Technologies Inc. of Toronto, Ontario a technology company listed on the TSX Venture (now Blue Vista Technologes Inc. – BV). He is the Chief Financial Officer and Chairman of the Board. His responsibilities include creating cash flow projections, budgets and business plans as well as establishing accounting procedures and controls. Alex has also prepared disclosures in compliance with the Ontario Securities Commission, the Alberta Securities Commission, the British Columbia Securities Commission and the TSX Venture Exchange. He has also hosted numerous presentations to Bay Street brokers and venture capitalists and coordinated information exchange between joint venture partners HPL and Kinectrics which led to the negotiation and eventual signing of a strategic International; Co-Development Agreement between the two parties. Alex has also been successful in raising over $5 million through the public vehicle, including a Confidential Offering Memorandum using the Canadian Renewable and Conservation Expenses exemption.
From 1996 to the present Alex has also held a number of professional positions in a variety of companies. From 1996 – 2004 he was a founding partner and investor in Streetside Media Inc. in Peterborough, Ontario. From September 1999 to present Alex has been an investor in RxRite.com Inc. of Toronto, Ontario a technology startup that is developing a wireless electronic prescription platform.. At Innovium Capital Corp. of Toronto, Alex provided accounting support from January 2000 – January 2002 that included cash flow projections and the preparation of financial information for Public Company disclosure including the Quebec Securities Commission and the Montreal Stock Exchange. From November 2004 to the present Alex has been a Director of Sea Green Capital Corp. (TSX Venture – SGS). Alex also sits on the board of Shoal Point Energy Inc., a company that is raising $20,000,000 and is going public through the IPO process. He also acts as CFO for VG Gold Corp., a public company listed on the TSX Venture exchange and CFO for Mustang Minerals Corp., also listed on the TSX Venture.
Alex also acted as a member of the audit committee and director for Petroworth Resources Inc through the period commencing in February, 2006 , and lasting until April 2007. The Company had become suspended by the TSX Venture prior to Alex becoming a director. During the period Alex was a director, he assisted at restating prior period financial statements, obtaining TSX Venture consent for a voluntary delisting and obtained a listing on the CNQ.
Paul Parisotto: President & CEO von Arizona Star
http://www.arizonastar.com/content/management/dir_off.cfm/ca…
"Paul A. Parisotto, (President & CEO, Director) has over 20 years experience in the securities industry. He is currently the President on Coniston Investment Corp.,, a firm he formed in 1999 to provide investment banking services for mining companies. Prior to forming Coniston, Mr. Parisotto was a senior vice president and director, Mining Corporate Finance at two Canadian brokerage firms, as well as Manager of New Listing at the Toronto Stock Exchange from 1983 to 1994."
Ken Guy: Exploration Manager, VG Gold
http://www.vggoldcorp.com/management/management.cfm
"Ken Guy, P.Geo. is the exploration manager of the Company with 30 years of exploration experience in Ontario Canada. Ken has worked as an exploration manager with BP Selco, Getty Metals and Cypress Minerals prior to joining VG Gold in 2003."
Richard Buzbuzian: Ehemaliger Vice President von ECU Silver
http://www.marketwire.com/mw/release.do?id=792412
"ECU Silver is also pleased to announce the appointment of Dwight Walker, effective November 19, 2007 as Chief Financial Officer for ECU Silver.
Mr. Walker has 30 years of extensive experience in financial and administrative management in the manufacturing, distribution, retail, and public accounting sectors. He has worked in large and small corporate environments including Ernst & Young, Patheon Group and Richards Packaging a TSX listed public company where he was most recently Director, Administration reporting directly to the CFO. Mr. Walker is a Certified General Accountant and has his Bachelors in Mathematics from the University of Waterloo.
The Company also wishes to announce that Richard Buzbuzian's contract has expired and Mr. Buzbuzian is pursuing other opportunities. We wish to thank Richard for his hard work and contribution to the Company."
Louis Béliveau: Management Specialist von VG Gold
http://www.vggoldcorp.com/management.html
"Legal and regulatory", im Management von VG Gold tätig
Ron Struthers: Renommierter Edelmetallguru aus Kanada
http://playstocks.net/Info.asp
Schwerpunkt: Rohstoffe, Mining, Explorer; Langfristinvestor mit zahlreichen Investerfolgen, BB-Herausgeber, erfolgreicher Analyst, langjährige Erfahrung, hat ein ausgezeichnetes Händchen für Trends.
Spricht bei Hy Lake Gold vom nächsten "Major play" im Red Lake District. Hat exzellente Prognosen und Berichte im Herbst letzten Jahres veröffentlicht, seine Treffgenauigkeit ist beeindruckend.
Prangert seit einem halben Jahr die Tiefenbohrungen an, dort in den Tiefen >800m vermutet er die größten, wichtigsten Vorkommen. Rechnet dem Joint Venture mit GoldCorp viel zu. Sieht ein gesundes internes Finanzwesen und eine zügige Entwicklung. Spricht bei Hy Lake von enormen Kurspotenzial, im Hinblick auf die Marktkapitaliserung.
Seine Homepage: playstocks.net
"With my background as an analyst for a multinational computer giant, I am able to research and analyze vast amounts of investment data with the aid of the most technically advanced computer hardware and software. This compliments my 26 years experience investing in the resource and tech sector, along with numerous inside contacts I have nurtured over the years to provide a top notch subscriber service. Numerous brokers, fund managers and CEOs are subscribers, read what others say about Struther's Reports."
Stelle den Bericht in den Faktenthread, damit eventuell auch Neu-Interessierte sich einen schnellen Überblick über die gegenwärtige Lage bei [i[Hy Lake Gold[/i] machen können.
Nach Bekanntgabe von wichtigen Informationen, Veröffentlichung eines ausführlichen Berichtes und der vergangenen Rohstoffmesse in Frankfurt, ist es Zeit ein Resume der gegenwärtigen Lage zu ziehen..
Als erstes möchte ich mich dem aktuellen Bericht von UbikaResearch zuwenden.
Der herausgegebene Bericht über Hy Lake Gold spiegelt die bisher bekannten Fakten aus dem Jahr 2007 wieder. Die aufgeführten Financials, historical Resources, Properities und der PeerGroup Vergleich fokusieren sich auf das letzte Jahr. Den Fairvalue-Statistiken, den man nicht die größte Wichtigkeit zurechnen sollte, zeigt ohne den Blick auf das Jahr 2008, eine absolut ordentliche Entwicklung.
Im Jahr 2008 wurden weitere gute News bzw. Begebenheiten veröffentlicht:
1. Bekanntgabe der ausgestandenen 7 Bohrlöcher, die ausgiebig analysiert wurden, die Ergebnisse bestätigen den Red Lake Trend
2. Vollständiger Eigentumsbesitz an der Mount Jamie Mine, Schließung der finanziellen Aktivitäten
3. Erfolgreich getätigte Gebietszukäufe, die in das Explorationsprogramm aufgenommen werden; Explorationsfläche beinhaltet nun mehr als 3000 Hektar (=30km²)
4. Ressourcenupdates, -vergrößerungen und -einschätzungen ergeben im Bezug auf die Drillresults weitere erfolgreiche Fortschritte
5. Der Wechsel des renommierten Geologen Michael Dehn vom Förderprimus Goldcorp in das Geologen-Team von Hy Lake Gold
6. Erfolgreiche Oberflächenbohrungen am Red Summit mit passablen Ergebnissen
7. Trotz stetiger Drillaufwände besitzt Hy Lake noch relativ viel Geld in der Kasse, ca. ein fünftel der MK besteht aus Cash
8. JointVenture mit GoldCorp wird aktiv fortgesetzt, duch M.Dehn werden die Kontakte zusätzlich verbessert
9. Neue, repräsentativere Homepage; FactSheet und ausführlicher Bericht von UbikaResearch
10. Des Weiteren stehen sehr interessante Informationen und Spekulationen im Raum, den Long-Investierten sind diese nicht vorenthalten..
11. Update des NI-Report von Mount Jamie, neuer NI-Report von Rowan in Arbeit
12. Ziel: Börsenwechsel an die TSX in Arbeit, dabei wird die TSX-V übersprungen, dies sollte nur mit profitablen Kontakten möglich sein, bis Herbst 2008
13. Tiefendrillings sind aufgenommen worden
Die Fakten aus dem Jahr 2008 zeigen eine zügige Entwicklung und veranschaulichen ein gut strukturiertes Arbeitswesen.
Hy Lake wird versuchen bei einem angestrebten Börsenwechsel durch eine signifikante Erhöhung der ausgegebenen Shares neues Geld zu erlösen. Bei einem Wechsel an die TSX wäre dies eine gewinnbringende Option um auch Private Placements optimal zu positionieren.
Nicht nur Struthers und Dehn wollen ihre Optionen profitabel einlösen..
Diese Fakten dürften Hy Lake viel weiter nach oben bringen, als dies im Bericht schon geschrieben wurde..
Nach den bisherigen Ergebnissen in 2008, sollte der im Bericht besprochene Value Grow weiter nach oben gesetzt werden.. (im Image rot unterstrichen)
UbikaResearch_HyLakeGold.Highlight.page3
Man sollte sich nochmals vor Augen führen, dass bei einem Goldpreis von >850$ eine Treffer-Quote von bereits 2g/to AU ausreichend ist, um eine rentable Goldförderung durchzuführen..
Dies hat Hy Lake in vielen Fällen weit geschlagen, dies sollte aber nicht darauf schließen, dass Hy Lake sich auf einen Produzentenstatus konzentrieren sollte, Hy Lake wird meines Erachtens nie zum Produzent werden. Dies bedeutet natürlich nicht, dass ein Übernahmeangebot nicht in fulminanten Höhen ausfallen könne.
Es gibt zahllose Beispiele von erfolgreichen Explorern, die später von marktbeherrschenden Firmen zu einem angemessenen Preis geschluckt wurden.
Diese Option darf in keinem Fall ein Nachteil darstellen..
Exxon hat weitere interessante Insider-Daten bereitgestellt, diese veranschaulichen einen besseren Überblick der Insideraktivitäten.
Nach Bekanntgabe von wichtigen Informationen, Veröffentlichung eines ausführlichen Berichtes und der vergangenen Rohstoffmesse in Frankfurt, ist es Zeit ein Resume der gegenwärtigen Lage zu ziehen..
Als erstes möchte ich mich dem aktuellen Bericht von UbikaResearch zuwenden.
Der herausgegebene Bericht über Hy Lake Gold spiegelt die bisher bekannten Fakten aus dem Jahr 2007 wieder. Die aufgeführten Financials, historical Resources, Properities und der PeerGroup Vergleich fokusieren sich auf das letzte Jahr. Den Fairvalue-Statistiken, den man nicht die größte Wichtigkeit zurechnen sollte, zeigt ohne den Blick auf das Jahr 2008, eine absolut ordentliche Entwicklung.
Im Jahr 2008 wurden weitere gute News bzw. Begebenheiten veröffentlicht:
1. Bekanntgabe der ausgestandenen 7 Bohrlöcher, die ausgiebig analysiert wurden, die Ergebnisse bestätigen den Red Lake Trend
2. Vollständiger Eigentumsbesitz an der Mount Jamie Mine, Schließung der finanziellen Aktivitäten
3. Erfolgreich getätigte Gebietszukäufe, die in das Explorationsprogramm aufgenommen werden; Explorationsfläche beinhaltet nun mehr als 3000 Hektar (=30km²)
4. Ressourcenupdates, -vergrößerungen und -einschätzungen ergeben im Bezug auf die Drillresults weitere erfolgreiche Fortschritte
5. Der Wechsel des renommierten Geologen Michael Dehn vom Förderprimus Goldcorp in das Geologen-Team von Hy Lake Gold
6. Erfolgreiche Oberflächenbohrungen am Red Summit mit passablen Ergebnissen
7. Trotz stetiger Drillaufwände besitzt Hy Lake noch relativ viel Geld in der Kasse, ca. ein fünftel der MK besteht aus Cash
8. JointVenture mit GoldCorp wird aktiv fortgesetzt, duch M.Dehn werden die Kontakte zusätzlich verbessert
9. Neue, repräsentativere Homepage; FactSheet und ausführlicher Bericht von UbikaResearch
10. Des Weiteren stehen sehr interessante Informationen und Spekulationen im Raum, den Long-Investierten sind diese nicht vorenthalten..
11. Update des NI-Report von Mount Jamie, neuer NI-Report von Rowan in Arbeit
12. Ziel: Börsenwechsel an die TSX in Arbeit, dabei wird die TSX-V übersprungen, dies sollte nur mit profitablen Kontakten möglich sein, bis Herbst 2008
13. Tiefendrillings sind aufgenommen worden
Die Fakten aus dem Jahr 2008 zeigen eine zügige Entwicklung und veranschaulichen ein gut strukturiertes Arbeitswesen.
Hy Lake wird versuchen bei einem angestrebten Börsenwechsel durch eine signifikante Erhöhung der ausgegebenen Shares neues Geld zu erlösen. Bei einem Wechsel an die TSX wäre dies eine gewinnbringende Option um auch Private Placements optimal zu positionieren.
Nicht nur Struthers und Dehn wollen ihre Optionen profitabel einlösen..
Diese Fakten dürften Hy Lake viel weiter nach oben bringen, als dies im Bericht schon geschrieben wurde..
Nach den bisherigen Ergebnissen in 2008, sollte der im Bericht besprochene Value Grow weiter nach oben gesetzt werden.. (im Image rot unterstrichen)
UbikaResearch_HyLakeGold.Highlight.page3
Man sollte sich nochmals vor Augen führen, dass bei einem Goldpreis von >850$ eine Treffer-Quote von bereits 2g/to AU ausreichend ist, um eine rentable Goldförderung durchzuführen..
Dies hat Hy Lake in vielen Fällen weit geschlagen, dies sollte aber nicht darauf schließen, dass Hy Lake sich auf einen Produzentenstatus konzentrieren sollte, Hy Lake wird meines Erachtens nie zum Produzent werden. Dies bedeutet natürlich nicht, dass ein Übernahmeangebot nicht in fulminanten Höhen ausfallen könne.
Es gibt zahllose Beispiele von erfolgreichen Explorern, die später von marktbeherrschenden Firmen zu einem angemessenen Preis geschluckt wurden.
Diese Option darf in keinem Fall ein Nachteil darstellen..
Exxon hat weitere interessante Insider-Daten bereitgestellt, diese veranschaulichen einen besseren Überblick der Insideraktivitäten.
Hy Lake Completes 6342 Metre First Stage 2008 Drill Program
10/7/2008 - CFS
Red Lake, ON October 07, 2008
FSC / Press Release
Hy Lake Completes 6342 Metre First Stage 2008 Drill Program
Testing high potential Rowan Property structural targets and the Red Summit Mine Property
Red Lake, Ontario CANADA, October 07, 2008 /FSC/ - Hy Lake Gold Inc. (CNQ: HYL, FWB: HYK), is pleased to announce that it has completed the first phase of the 2008 diamond drilling program at the Red Lake project, including the Rowan Property optioned from Red Lake Gold Mines (Goldcorp), (see news release dated December 13, 2007) and the Red Summit Mine Property recently acquired from Claude Resources Inc. (see news release dated March 3, 2008). This first phase of drilling consisted of 15 holes totaling 6342 metres.
Highlights:
* Testing the extension of the Porphyry Hill mineralized zone along strike toward the Newman-Todd Au occurrence
* Testing of the mineralized zone at the Red Summit Mine downdip and along strike of the historic workings
* Testing a structural target represented by the intersection of the Pipestone Bay - St. Paul Bay Deformation Zone with the Golden Arm Structure
* Testing for strike extensions of the Rowan Mine Structure
The Porphyry Hill Zone Extension is the continuation of the mineralized zone that Redstar Gold Corp recently drilled on its Newman Todd Property, contiguous to Hy Lake Gold's Rowan Property.
At the adjacent Newman Todd property, Redstar Gold Corp. has intersected high grade gold mineralization within an extensive area of alteration and brecciation. Multiple gold zones, strong carbonate alteration and the proximity to folded ultramafic rocks are some of the similarities of the Newman Todd mineralization to the main producing mines in the Red Lake gold camp, including Goldcorp's Red Lake and Campbell mines. This same package of rocks continues onto Hy Lake Gold's Rowan Property. The gold mineralization at Newman Todd is hosted within an extensive breccia corridor defined by extensive carbonate alteration, silicification, quartz veining and sulphide/magnetite replacement zones. Drilling and geophysics have traced this zone for over 2.0 kms with widths up to 250 metres. Hy Lake is testing the strike extension of this corridor and mineralization. In a press release dated April 28, 2008, Redstar Gold Corp. reported new high grade intersections of 25.70 grams of gold per tonne over 1.0 metres drilled midway between two previously announced high grade intercepts that are 800m apart that reported 61.02 grams of gold per tonne over 1.0 metres and 16.35 grams of gold per tonne over 1.0 metres.
Hy Lake Gold is drilling the steeply dipping gold mineralization which trends east-west for 10 kms on the Red Summit Mine Property and adjacent Rowan Property. The program is targeting gold mineralization associated with the favorable Red Lake geology along strike and below the historic Red Summit Mine workings and along the Pipestone Bay - St. Paul Bay Deformation Zone. Surface grab samples collected by Hy Lake Gold Inc from the Red Summit Mine ore stockpile returned an average grade of 10.45 grams of gold per tonne from six samples, with a range of 0.22 grams of gold per tonne to 47.33 grams of gold per tonne.
A key target developed by both Goldcorp and Hy Lake Gold geologists is the intersection of the Pipestone Bay - St Paul Bay Deformation Zone and the Golden Arm structure. Several holes will test this target, the first of which was drilled during this phase. The Golden Arm Structure lies east of, and subparallel to, the Newman Todd corridor and the Porphyry Hill trends.
The Red Lake greenstone belt is host to some of the richest gold deposits in the world. The Red Lake Gold Camp has produced more than 24 million ounces of gold to date (source: Ontario Ministry of Northern Development and Mines).
The Hy Lake Gold properties lie on the Pipestone Bay - St. Paul Bay Deformation zone and hosts three historic gold producers: the Rowan Lake Gold Mine (Hy Lake Gold and Goldcorp), the Mount Jamie Mine (Hy Lake Gold) and the Red Summit Mine (Hy Lake Gold and Claude Resources). The properties, which have been explored only to very shallow depths, are underlain by the same geology and structure as these three past producers and have been subjected to limited underground exploration. The properties host numerous gold occurrences which have seen limited drill testing and potential exists to expand upon these gold mineralized zones both along strike and at depth.
All exploration work was conducted under Kenneth Guy, P. Geo., designated Qualified Person for Hy Lake Gold, who has reviewed this press release. Gold analyses of samples collected by Hy Lake Gold are being made by SGS Canada Inc., Mineral Services in Red Lake, Ontario.
Hy Lake Gold is a junior exploration company focused on the gold exploration and development business in the prolific Red Lake mining district of northwestern Ontario, Canada. Hy Lake Gold has assembled two significant property packages totalling approximately 3,000 hectares in west Red Lake. The properties cover a 10 kilometre distance along the west Red Lake Trend, containing three former producing gold mines, and the Company intends to explore these properties both along strike and at depth. To find out more about Hy Lake Gold Inc. (CNQ: HYL; FRANKFURT: HYK) visit our website at www.hylake.com.
There are 24,649,195 shares of the Company outstanding.
On behalf of the board:
Mr. Robert B. Seitz, President
office@hylake.com
10/7/2008 - CFS
Red Lake, ON October 07, 2008
FSC / Press Release
Hy Lake Completes 6342 Metre First Stage 2008 Drill Program
Testing high potential Rowan Property structural targets and the Red Summit Mine Property
Red Lake, Ontario CANADA, October 07, 2008 /FSC/ - Hy Lake Gold Inc. (CNQ: HYL, FWB: HYK), is pleased to announce that it has completed the first phase of the 2008 diamond drilling program at the Red Lake project, including the Rowan Property optioned from Red Lake Gold Mines (Goldcorp), (see news release dated December 13, 2007) and the Red Summit Mine Property recently acquired from Claude Resources Inc. (see news release dated March 3, 2008). This first phase of drilling consisted of 15 holes totaling 6342 metres.
Highlights:
* Testing the extension of the Porphyry Hill mineralized zone along strike toward the Newman-Todd Au occurrence
* Testing of the mineralized zone at the Red Summit Mine downdip and along strike of the historic workings
* Testing a structural target represented by the intersection of the Pipestone Bay - St. Paul Bay Deformation Zone with the Golden Arm Structure
* Testing for strike extensions of the Rowan Mine Structure
The Porphyry Hill Zone Extension is the continuation of the mineralized zone that Redstar Gold Corp recently drilled on its Newman Todd Property, contiguous to Hy Lake Gold's Rowan Property.
At the adjacent Newman Todd property, Redstar Gold Corp. has intersected high grade gold mineralization within an extensive area of alteration and brecciation. Multiple gold zones, strong carbonate alteration and the proximity to folded ultramafic rocks are some of the similarities of the Newman Todd mineralization to the main producing mines in the Red Lake gold camp, including Goldcorp's Red Lake and Campbell mines. This same package of rocks continues onto Hy Lake Gold's Rowan Property. The gold mineralization at Newman Todd is hosted within an extensive breccia corridor defined by extensive carbonate alteration, silicification, quartz veining and sulphide/magnetite replacement zones. Drilling and geophysics have traced this zone for over 2.0 kms with widths up to 250 metres. Hy Lake is testing the strike extension of this corridor and mineralization. In a press release dated April 28, 2008, Redstar Gold Corp. reported new high grade intersections of 25.70 grams of gold per tonne over 1.0 metres drilled midway between two previously announced high grade intercepts that are 800m apart that reported 61.02 grams of gold per tonne over 1.0 metres and 16.35 grams of gold per tonne over 1.0 metres.
Hy Lake Gold is drilling the steeply dipping gold mineralization which trends east-west for 10 kms on the Red Summit Mine Property and adjacent Rowan Property. The program is targeting gold mineralization associated with the favorable Red Lake geology along strike and below the historic Red Summit Mine workings and along the Pipestone Bay - St. Paul Bay Deformation Zone. Surface grab samples collected by Hy Lake Gold Inc from the Red Summit Mine ore stockpile returned an average grade of 10.45 grams of gold per tonne from six samples, with a range of 0.22 grams of gold per tonne to 47.33 grams of gold per tonne.
A key target developed by both Goldcorp and Hy Lake Gold geologists is the intersection of the Pipestone Bay - St Paul Bay Deformation Zone and the Golden Arm structure. Several holes will test this target, the first of which was drilled during this phase. The Golden Arm Structure lies east of, and subparallel to, the Newman Todd corridor and the Porphyry Hill trends.
The Red Lake greenstone belt is host to some of the richest gold deposits in the world. The Red Lake Gold Camp has produced more than 24 million ounces of gold to date (source: Ontario Ministry of Northern Development and Mines).
The Hy Lake Gold properties lie on the Pipestone Bay - St. Paul Bay Deformation zone and hosts three historic gold producers: the Rowan Lake Gold Mine (Hy Lake Gold and Goldcorp), the Mount Jamie Mine (Hy Lake Gold) and the Red Summit Mine (Hy Lake Gold and Claude Resources). The properties, which have been explored only to very shallow depths, are underlain by the same geology and structure as these three past producers and have been subjected to limited underground exploration. The properties host numerous gold occurrences which have seen limited drill testing and potential exists to expand upon these gold mineralized zones both along strike and at depth.
All exploration work was conducted under Kenneth Guy, P. Geo., designated Qualified Person for Hy Lake Gold, who has reviewed this press release. Gold analyses of samples collected by Hy Lake Gold are being made by SGS Canada Inc., Mineral Services in Red Lake, Ontario.
Hy Lake Gold is a junior exploration company focused on the gold exploration and development business in the prolific Red Lake mining district of northwestern Ontario, Canada. Hy Lake Gold has assembled two significant property packages totalling approximately 3,000 hectares in west Red Lake. The properties cover a 10 kilometre distance along the west Red Lake Trend, containing three former producing gold mines, and the Company intends to explore these properties both along strike and at depth. To find out more about Hy Lake Gold Inc. (CNQ: HYL; FRANKFURT: HYK) visit our website at www.hylake.com.
There are 24,649,195 shares of the Company outstanding.
On behalf of the board:
Mr. Robert B. Seitz, President
office@hylake.com
Hy Lake Gold Intersects 1.0 Metres Of 116.64 Grams Gold Per Tonne From
Red Summit Property
Fulfills Requirements To Exercise Option To Obtain 100% Of Property
Red Lake, Ontario CANADA, March 02, 2009 /FSC/ - Hy Lake Gold Inc.
(HYL - CNQ, HYK - FWB), is pleased to announce the final drill results
from the 2008 exploration drilling recently completed at its west Red
Lake property package. Included in this News Release are the results
from drilling at its Red Summit Mine Property optioned from Claude
Resources Inc. ("Claude") in Red Lake, Ontario. (See news release
dated March 3, 2008). The Red Summit Mine Property is surrounded by
the Company's Rowan Property optioned from Red Lake Gold Mines
(Goldcorp). (See news release dated December 13, 2007).
Highlights:
* Red Summit Mine vein system open to depth and along strike to the
east and west
* Additional drilling planned to target the extension of the Red
Summit Mine veins both along strike and at depth
* Drilling along strike and below the Red Summit Mine underground
workings intersects 116.64 grams of gold per tonne over 1.0 metres
* Hy Lake Gold has now met the option requirements and will be
exercising their option to obtain a 100% interest in the property from
Claude
A diamond drilling program was completed by Hy Lake Gold on the Red
Summit Shaft Zone of the Red Summit Property, Red Lake Mining
Division, Ontario. The program consisted of 8 diamond drill holes
totalling 2259m. The purpose of the program was to test the depth and
strike extension of the mineralized zones in the vicinity of the Red
Summit Mine underground workings.
Upon completion of the Diamond Drill programme, Hy Lake Gold has now
fulfilled the requirements required to exercise their option to obtain
a 100% interest in the property from Claude. Claude retains a 3% NSR,
of which 1% is buyable by the Company for $500,000.
The drill summary table with results of the drilling is attached.
Eight drill holes tested northwest - southeast trending gold zones
that are situated within the Pipestone Bay - St. Paul Bay Deformation
zone within the geological environment that hosts the gold deposits in
Red Lake. The Red Lake greenstone belt is host to some of the richest
gold deposits in the world. The Red Lake Gold Camp has produced more
than 24 million ounces of gold to date (source: Ontario Ministry of
Northern Development and Mines).
The primary purpose of the programme was to test the depth and strike
extension of Red Summit Shaft Zone mineralization. Eight holes were
drilled in the vicinity of the Red Summit underground workings, both
along strike and below the workings.
Results indicate a pronounced plunge to the southwest as was indicated
by the geometry of the underground workings as well. Holes 15 and 16
were drilled to test a possible northeast extension and intersected
narrow and low grade results, although the mafic intrusive was present
and the contact with the volcanics was altered. Therefore the
favourable geology was present but assay values were low.
Hole 19 was drilled at the northeast end of the underground workings,
below the first level. Again the favourable geology was intersected
with anomalous Au values. This indicates the potential for the zones
to continue to the northeast and at depth. Indications are that this
hole may have hit the bottom of the zone as shown by the lower grades
within the favourable geology.
Hole 14 was the centrally located hole and tested 100 metres below the
lowest underground level. The hole intersected the favourable
geology, with anomalous gold values. It appears that the hole may
have gone below the plunge of the high grade mineralization.
Holes 12 and 13 were drilled to the southwest of the underground
workings. Both holes intersected favourable geology and
mineralization with economic gold values including a very high grade
intersection in hole HYR-08-12 of 116.64 grams of gold per tonne over
1.0 metres. These holes demonstrate the shallow plunge of the high
grade mineralization.
Holes 17 and 18 were drilled further to the southwest and although
they intersected favourable geology, assays were low. It would appear
that both of these holes may have intersected above the shallow plunge
of the high grade mineralization.
The Hy Lake Gold drill programme indicated the potential for high
grade mineralization in the vicinity of the Red Summit underground
workings. High grade mineralization was intersected on a 100 metre
step out from the historic underground workings and indicates that the
mineralized zones extend beyond the historic workings. Despite the
vertical to sub-vertical nature of vein sets noted historically,
examination of the drill results suggests that mineralized envelopes
containing the vein sets lie mainly within a shallow southwest
plunging zone situated on a lithological contact between mafic
intrusive (quartz diorite) and mafic volcanic.
The zone remains open both at depth and along strike and Hy Lake Gold
is planning continued drilling at Red Summit as part of its 2009
exploration programme.
The Hy Lake Gold properties lie on the Pipestone Bay - St. Paul Bay
Deformation zone and host the past producing Rowan Lake Gold Mine (Hy
Lake Gold and Goldcorp's Red Lake Gold Mines), the past producing
Mount Jamie Mine (Hy Lake Gold) and the past producing Red Summit Mine
(Hy Lake Gold). The properties, which have been explored only to very
shallow depths, are underlain by the same geology and structure as
these three past producers and have been subjected to limited
underground exploration. The properties host numerous gold occurrences
which have seen limited drill testing and potential exists to expand
upon these gold mineralized zones both along strike and at depth.
All exploration work was conducted under Kenneth Guy, P. Geo.,
designated Qualified Person for Hy Lake Gold, who has reviewed this
press release. Gold analyses of samples collected by Hy Lake Gold are
being made by SGS Canada Inc., Mineral Services in Red Lake, Ontario.
Hy Lake Gold is a junior exploration company focused on the gold
exploration and development business in the prolific Red Lake mining
district of northwestern Ontario, Canada. Hy Lake Gold has assembled
two significant property packages totalling approximately 3,000
hectares in west Red Lake. The properties cover a 10 kilometre
distance along the west Red Lake Trend, containing 3 former producing
gold mines, and the Company intends to explore these properties both
along strike and at depth. To find out more about Hy Lake Gold Inc.
(CNSX: HYLK; FRANKFURT: HYK) visit our website at www.hylake.com.
There are 24,649,195 shares of the Company outstanding.
On behalf of the board:
Mr. Robert B. Seitz, President
office @ hylake.com
Red Summit Property
Fulfills Requirements To Exercise Option To Obtain 100% Of Property
Red Lake, Ontario CANADA, March 02, 2009 /FSC/ - Hy Lake Gold Inc.
(HYL - CNQ, HYK - FWB), is pleased to announce the final drill results
from the 2008 exploration drilling recently completed at its west Red
Lake property package. Included in this News Release are the results
from drilling at its Red Summit Mine Property optioned from Claude
Resources Inc. ("Claude") in Red Lake, Ontario. (See news release
dated March 3, 2008). The Red Summit Mine Property is surrounded by
the Company's Rowan Property optioned from Red Lake Gold Mines
(Goldcorp). (See news release dated December 13, 2007).
Highlights:
* Red Summit Mine vein system open to depth and along strike to the
east and west
* Additional drilling planned to target the extension of the Red
Summit Mine veins both along strike and at depth
* Drilling along strike and below the Red Summit Mine underground
workings intersects 116.64 grams of gold per tonne over 1.0 metres
* Hy Lake Gold has now met the option requirements and will be
exercising their option to obtain a 100% interest in the property from
Claude
A diamond drilling program was completed by Hy Lake Gold on the Red
Summit Shaft Zone of the Red Summit Property, Red Lake Mining
Division, Ontario. The program consisted of 8 diamond drill holes
totalling 2259m. The purpose of the program was to test the depth and
strike extension of the mineralized zones in the vicinity of the Red
Summit Mine underground workings.
Upon completion of the Diamond Drill programme, Hy Lake Gold has now
fulfilled the requirements required to exercise their option to obtain
a 100% interest in the property from Claude. Claude retains a 3% NSR,
of which 1% is buyable by the Company for $500,000.
The drill summary table with results of the drilling is attached.
Eight drill holes tested northwest - southeast trending gold zones
that are situated within the Pipestone Bay - St. Paul Bay Deformation
zone within the geological environment that hosts the gold deposits in
Red Lake. The Red Lake greenstone belt is host to some of the richest
gold deposits in the world. The Red Lake Gold Camp has produced more
than 24 million ounces of gold to date (source: Ontario Ministry of
Northern Development and Mines).
The primary purpose of the programme was to test the depth and strike
extension of Red Summit Shaft Zone mineralization. Eight holes were
drilled in the vicinity of the Red Summit underground workings, both
along strike and below the workings.
Results indicate a pronounced plunge to the southwest as was indicated
by the geometry of the underground workings as well. Holes 15 and 16
were drilled to test a possible northeast extension and intersected
narrow and low grade results, although the mafic intrusive was present
and the contact with the volcanics was altered. Therefore the
favourable geology was present but assay values were low.
Hole 19 was drilled at the northeast end of the underground workings,
below the first level. Again the favourable geology was intersected
with anomalous Au values. This indicates the potential for the zones
to continue to the northeast and at depth. Indications are that this
hole may have hit the bottom of the zone as shown by the lower grades
within the favourable geology.
Hole 14 was the centrally located hole and tested 100 metres below the
lowest underground level. The hole intersected the favourable
geology, with anomalous gold values. It appears that the hole may
have gone below the plunge of the high grade mineralization.
Holes 12 and 13 were drilled to the southwest of the underground
workings. Both holes intersected favourable geology and
mineralization with economic gold values including a very high grade
intersection in hole HYR-08-12 of 116.64 grams of gold per tonne over
1.0 metres. These holes demonstrate the shallow plunge of the high
grade mineralization.
Holes 17 and 18 were drilled further to the southwest and although
they intersected favourable geology, assays were low. It would appear
that both of these holes may have intersected above the shallow plunge
of the high grade mineralization.
The Hy Lake Gold drill programme indicated the potential for high
grade mineralization in the vicinity of the Red Summit underground
workings. High grade mineralization was intersected on a 100 metre
step out from the historic underground workings and indicates that the
mineralized zones extend beyond the historic workings. Despite the
vertical to sub-vertical nature of vein sets noted historically,
examination of the drill results suggests that mineralized envelopes
containing the vein sets lie mainly within a shallow southwest
plunging zone situated on a lithological contact between mafic
intrusive (quartz diorite) and mafic volcanic.
The zone remains open both at depth and along strike and Hy Lake Gold
is planning continued drilling at Red Summit as part of its 2009
exploration programme.
The Hy Lake Gold properties lie on the Pipestone Bay - St. Paul Bay
Deformation zone and host the past producing Rowan Lake Gold Mine (Hy
Lake Gold and Goldcorp's Red Lake Gold Mines), the past producing
Mount Jamie Mine (Hy Lake Gold) and the past producing Red Summit Mine
(Hy Lake Gold). The properties, which have been explored only to very
shallow depths, are underlain by the same geology and structure as
these three past producers and have been subjected to limited
underground exploration. The properties host numerous gold occurrences
which have seen limited drill testing and potential exists to expand
upon these gold mineralized zones both along strike and at depth.
All exploration work was conducted under Kenneth Guy, P. Geo.,
designated Qualified Person for Hy Lake Gold, who has reviewed this
press release. Gold analyses of samples collected by Hy Lake Gold are
being made by SGS Canada Inc., Mineral Services in Red Lake, Ontario.
Hy Lake Gold is a junior exploration company focused on the gold
exploration and development business in the prolific Red Lake mining
district of northwestern Ontario, Canada. Hy Lake Gold has assembled
two significant property packages totalling approximately 3,000
hectares in west Red Lake. The properties cover a 10 kilometre
distance along the west Red Lake Trend, containing 3 former producing
gold mines, and the Company intends to explore these properties both
along strike and at depth. To find out more about Hy Lake Gold Inc.
(CNSX: HYLK; FRANKFURT: HYK) visit our website at www.hylake.com.
There are 24,649,195 shares of the Company outstanding.
On behalf of the board:
Mr. Robert B. Seitz, President
office @ hylake.com
Antwort auf Beitrag Nr.: 36.695.712 von Hoizzo am 04.03.09 10:09:01Schöne NEWS
Beitrag zu dieser Diskussion schreiben
Zu dieser Diskussion können keine Beiträge mehr verfasst werden, da der letzte Beitrag vor mehr als zwei Jahren verfasst wurde und die Diskussion daraufhin archiviert wurde.
Bitte wenden Sie sich an feedback@wallstreet-online.de und erfragen Sie die Reaktivierung der Diskussion oder starten Sie eine neue Diskussion.
Meistdiskutiert
Wertpapier | Beiträge | |
---|---|---|
127 | ||
50 | ||
43 | ||
41 | ||
35 | ||
35 | ||
35 | ||
34 | ||
34 | ||
33 |
Wertpapier | Beiträge | |
---|---|---|
32 | ||
30 | ||
30 | ||
28 | ||
28 | ||
27 | ||
27 | ||
26 | ||
26 | ||
22 |