Resource News

The following companies have significant upcoming news catalysts that are expected in the next 30 days which have the potential to move the listed companies’ stock: Graphite One Resources (TSXV:GPH), Geologix Explorations (TSX:GIX), Homestake Resource Corp. (TSXV:HSR), Avanti Mining (TSXV:AVT), Kivalliq Energy Corporation (TSXV:KIV), Potash West (ASX:PWN), and Silver Bull Resources (TSXV:SVB).

   Graphite One Resources (TSXV:GPH,OTCQX:GPHOF)

Graphite One Resources (TSXV:GPH,OTCQX:GPHOF) is expecting to table its first NI 43-101 resource on its Graphite Creek flake graphite project in Alaska USA. “At this point we feel that we have achieved our goals which were set earlier in 2012 and look forward to the completion of our NI 43-101 compliant resource by early 2013. We are confident the resource will be significant,” stated Anthony Huston, President and Director of Graphite One Resources. The company has market capitalization of $12 million.

*** Update: Catalyst Achieved ***

   Geologix Explorations (TSX:GIX)

Investors are anticipating additional drill results from Geologix Explorations (TSX:GIX) ongoing 4,500 metre (35 hole) reverse circulation drill program on its Tepal gold-copper project in Mexico. The company is also in the process of completing the Pre-feasibility study on its Tepal project. Process testing and metallurgical work is expected to be finalized by the end of December 2012, allowing for the completion of the final PFS within the 1st Quarter of 2013. The company has a Market Capitalization of $30 million.

*** Update: Catalyst Achieved ***

   Homestake Resource Corp. (TSXV:HSR)

Homestake Resource Corp. (TSXV:HSR) completed its phase two, 3,495 metre (8 hole) drill program on its Homestake Ridge high-grade gold project in Northwest British Columbia. The company anticipates that all its assay results will be received by early January and will be reported at that time. Homestake Resources has a market capitalization of $4 million.

   Avanti Mining (TSXV:AVT)

Avanti Mining (TSXV:AVT) anticipates the BC Environmental Assessment office will make a referral to the BC Minister of Energy, Mines and Natural Gas and the Minister of Environment for the issuance of the Environmental Certificate for its Kitsault molybdenum project, located in NW British Columbia. The company believes this will take place before December 21, 2012. Ministers will then have up to 45 days to make their decision on the Kitsault Project EA certification. The Federal review is a separate process and the company expects it will be completed within two months of the provincial review which will then be followed by a federal decision by the Minister of the Environment within three months of receiving the Comprehensive Study Report. Avanti has a market capitalization of $30 million.

   Kivalliq Energy Corporation (TSXV:KIV)

Kivalliq Energy Corporation (TSXV:KIV) has released all its drill results from the Lac 50 Trend on its Angilak Uranium Property in Nunavut, Canada. The fourth quarter of 2012 has been dedicated to initial metallurgical and engineering studies, technical analysis, and resource modeling with the goal of identifying new target areas as well as updating the NI 43-101 mineral resource. The company intends to table a new resource before the end of the first quarter of 2013. This new resource estimate will include the newly outlined JF and Ray zones. The company has a market capitalization of $50 million.

   Potash West (ASX:PWN)

Potash West (ASX:PWN) is expecting its scoping study to be completed on its Dandaragan Trough potash project in Western Australia by the end December 2012. Investors should expect to see scoping study results made public soon after. The company has a market capitalization of AUD$19 million.

   Silver Bull Resources (TSXV:SVB)

Silver Bull Resources (TSXV:SVB) anticipates receiving additional drill results from its ongoing 3,000 metre underground drill program its Sierra Mojada silver-zinc project in Mexico. The twinning drill program is scheduled to conclude before the end of the 2012 calendar year. Upon completion, Silver Bull will initiate a revised NI43-101 resource update on the Shallow Silver and Zinc Zones, scheduled for release in first quarter of 2013. The company has a market capitalization of $65 million.

*** Update: Catalyst Achieved ***

MARKETS

Markets
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