Posts tagged "Prospects"

Penny Stock News: Auryn Resources Inc. (GGTCF: OTCQX International) | Auryn Reports Remaining RAB Drill Results from 2016 Program and Identifies Two New High-Grade Boulder Trains at Anuri and Ridge Prospects

VANCOUVER, BRITISH COLUMBIA–(Marketwired – Nov 25, 2016) – Auryn Resources Inc. (TSX:AUG)(OTCQX:GGTCF) (“Auryn” or the “Company) is pleased to announce results from its 2016 drill and boulder-sampling programs from its Committee Bay gold project located in Nunavut, Canada. Auryn successfully intersected gold in the majority of the RAB holes drilled across a set of east-west trending structures at Anuri that were the primary focus of the 2016 drill program. Highlights from the drilling include; 9.14 meters at 1.04g/t Au, 7.62m @ 1.05g/t, and 3.05m @ 2g/t Au (see Figure 1). The structure intersected is interpreted by Auryn to be a secondary structure based on the discovery of a new high-grade boulder train at Anuri that has a source along a prominent regional north-south trending fault zone adjacent to the 2016 drilling area (see Figure 1). The top 5 samples from the new boulder train are as follows: 45.9g/t Au, 41.5g/t Au, 33.3g/t Au, 14.55g/t Au, and 12.65g/t Au. Shawn Wallace, President and CEO stated, “The progress at the Committee Bay project achieved over the last two years has been significant. We have completed extensive surface work over 85% of the nearly 300km long greenstone belt and importantly have drastically reduced […]

Read more...

Posted by admin - November 25, 2016 at 9:24 pm

Categories: Latest Penny Stock News   Tags: , , , , , , , , , , , , , , , , , , , , , ,

Penny Stock News: GRILLiT Makes Splash at Franchise Expo South, Develops New Prospects in Texas and Elsewhere

MIAMI, Feb. 12, 2015 /PRNewswire/ — GRILLiT, Inc. (the “Company” or “GRILLiT”) (OTC: GRLT) today announced that it wrapped up its exhibition at the Franchise Expo South show at NRG Stadium in Houston, Texas, which ran February 5-7.  GRILLiT’s Ghazi Hajj and Bill Roberts held meetings with a number of the attendees, a majority of which were pre-qualified franchise buyers, with prospects coming from Texas, Louisiana, Oklahoma, New Mexico, Mississippi, Alabama, and Puerto Rico. GRILLiT CEO, Ghazi Hajj, said, “We are excited with the results of our first successful show in Houston.  Our fresh, fast casual, Caribbean fusion brand was unique at the Expo, and we were able to get our message out to many excellent prospects.  A group from San Antonio committed to come and visit our location in Miami with the objective of establishing new GRILLiT franchise locations in Texas.  In addition, we visited prospective locations with potential franchisees in the surrounding Houston area in cities such as Katy and The Woodlands.” Over 11,000 people attended the Franchise Expo South show. Nearly 2 in 3 (65%) attendees had $ 50,000 or more to invest, and more than 2 in 5 (45%) had $ 100,000 or more to invest.  Nearly […]

Read more...

Posted by admin - February 12, 2015 at 3:13 pm

Categories: Latest Penny Stock News   Tags: , , , , , , , , , , , ,

Penny Stock News: Texas Oil and Minerals Discusses Current Industry Markets & Overview of Company’s Prospects

HOUSTON, April 8, 2013 /PRNewswire/ — Texas Oil and Minerals Inc. (PINKSHEETS: TOMI) is pleased to announce that CEO and President Tom Gouger has issued the following statement concerning the immediate future prospects of TOMI: “After months of working to get TOMI in order I have decided to proceed with my agenda to build a viable Oil and Gas Company despite our past problems. The Oil and Gas market looks to be very bullish for the next couple of years, especially in the clean-burning and environmentally-friendly natural gas market. I am not going to tell all my stockholders that I have identified a prospect here or there that fits the company profile, I am telling you all that I have the prospect in hand that will be the first building block for TOMI s future.” Mr. Gouger went on to say: “This field has a long history of great production and still has upside potential with behind-pipe possibilities.” About Texas Oil and Minerals Texas Oil and Minerals creates value by acquiring and exploiting reserves in fields specifically targeted for oil and high-rate return North American clean burning natural gas. We are involved in prospects that range in value from $ 1,000,000 to $ […]

Read more...

Posted by admin - April 8, 2013 at 1:49 pm

Categories: Latest Penny Stock News   Tags: , , , , , , , , , , ,

Penny Stock News: Medical Marijuana, Inc. (MJNA: OTC Link) | Medical Marijuana Inc Reviews State of the Industry and Prospects for Future Growth

SAN DIEGO, Feb. 27, 2013 /PRNewswire/ — Medical Marijuana Inc (OTC Pink: MJNA) a leading cannabis and hemp industry innovator is pleased to provide a comprehensive update to shareholders on the state of the medical cannabis and hemp industry. Many legislative actions have occurred, particularly since the November elections, which are providing significant positive momentum in our rapidly expanding markets. Marijuana within the United States – A Growing and Expanding MarketMarijuana legalization initiatives have been in full swing. In November two US States, Colorado and Washington passed laws regarding full legalization of marijuana for recreational purposes.  Since 1996, eighteen total states and Washington DC have approved marijuana for medical usage.  The list in chronological order of legalization for medical purposes includes: Year   State                Means 1996 California              Proposition 215 with 56% of the vote 1998 Alaska                   Ballot measure and 58% of the vote 1998 Oregon                Ballot measure # 67 with a 55% majority 1998 Washington         Initiative # 692 with a 59% majority 1999 Maine           Ballot Question # 2 with a 61% majority 2000 Colorado            Ballot amendment 20 with 54% of the vote 2000 Hawaii            Bill # 17 (32-18 House and 13-12 Senate) 2000 Nevada               Ballot Question # 9 with a 65% majority […]

Read more...

Posted by admin - February 28, 2013 at 1:24 am

Categories: Latest Penny Stock News   Tags: , , , , , , , , , , , , ,

Penny Stock News: Medical Marijuana Inc Reviews State of the Industry and Prospects for Future Growth

SAN DIEGO, Feb. 27, 2013 /PRNewswire/ — Medical Marijuana Inc (OTC Pink: MJNA) a leading cannabis and hemp industry innovator is pleased to provide a comprehensive update to shareholders on the state of the medical cannabis and hemp industry. Many legislative actions have occurred, particularly since the November elections, which are providing significant positive momentum in our rapidly expanding markets. Marijuana within the United States – A Growing and Expanding MarketMarijuana legalization initiatives have been in full swing. In November two US States, Colorado and Washington passed laws regarding full legalization of marijuana for recreational purposes.  Since 1996, eighteen total states and Washington DC have approved marijuana for medical usage.  The list in chronological order of legalization for medical purposes includes: Year   State                Means 1996 California              Proposition 215 with 56% of the vote 1998 Alaska                   Ballot measure and 58% of the vote 1998 Oregon                Ballot measure # 67 with a 55% majority 1998 Washington         Initiative # 692 with a 59% majority 1999 Maine           Ballot Question # 2 with a 61% majority 2000 Colorado            Ballot amendment 20 with 54% of the vote 2000 Hawaii            Bill # 17 (32-18 House and 13-12 Senate) 2000 Nevada               Ballot Question # 9 with a 65% majority […]

Read more...

Posted by admin - February 28, 2013 at 1:05 am

Categories: Latest Penny Stock News   Tags: , , , , , , , , , ,

Penny Stock News: Entertainment Games Inc. Acquires Mining Prospects In Northern Mexico

TUCSON, Ariz., Oct. 29, 2012 /PRNewswire/ — Entertainment Games Inc. ( OTC PINK : EGAM ) has recently acquired several mining prospects in northern Mexico and plans to begin the exploration and development of these properties.  Consistent with its new business focus, the Company plans to change its name to Tamino Minerals Inc. The Company is moving its headquarters to Tucson, Arizona and is committed to delivering value to its shareholders by acquiring, developing and mining precious metals deposits in Mexico.  Although the Company’s goal is to explore for gold, silver and other precious metals, one of its new properties is a Polymethallic project, located close to Newmont´s Penoles “La Herradura” Mine in northern Mexico. Pedro Villagran-Garcia, one of the Company’s new directors, said, “We are very excited to have completed a transaction that offers long time EGAM shareholders the opportunity to be a part of a company with an active business while new investors can participate in a niche growth sector. We believe the price of gold and other metals will continue to rise as demand exceeds supply.” Mr. Villagran-Garcia continued, “We have a great deal of experience in building and managing exploration stage mining companies. Mexico is supportive of mining, […]

Read more...

Posted by admin - October 29, 2012 at 3:42 pm

Categories: Latest Penny Stock News   Tags: , , , , , , , , , ,