DELTA MINING & EXPL (PINK-DMXC) is very undervalued!
Dear traders,
OTC: DMXC
Company Profile:
Delta Mining & Exploration, www.deltamine.com ( http://www.deltamine.com/ ), is an emerging exploration company locating mineral and precious metal deposits in the mining rich regions of North America. The Company currently owns mineral rights to land in central Montana as well as the rights to 31 claims on 680 acres in Elko County, Nevada.
Our view on the company:
A recent press release stated findings of gold and copper anomalies on their geochemistry maps in the Nansen area of British Columbia. The general area is a hotspot for precious minerals as multi-million ounce reserves have been found. DMXC in collaboration with geologists from Coast Mountain Geological Alaska LLC state that this newly discovered untapped finding is worth a lookup. As the current prices of precious metals are very high, gold is getting scarcer and governments around the world are now ever increasingly protecting themselves with gold reserves, a finding such as this could do wonders for DMXC.
Take a moment to read the full press release:
Guinness` Chief Geologist John Hiner said: “Coast Mountain personnel have digitized and entered a huge amount of pre-existing geological data into a GIS database and produced several surface geochemistry maps based on this data that show a large copper anomaly near and over the intrusive to the north end of the Nansen block, and displays of gold anomalies. Several gold-anomalous areas not previously investigated may be worthy of follow-up. At this early stage, what this means is that we may have established a porphyry copper target, as well as some potential gold targets.” Mr. Hiner continued: “Coast Mountain has also contacted an established site operator who has agreed to set up and manage a camp for us. Additionally, we`re making arrangements with a well-established Yukon equipment operator to supply us with equipment and operators for the entire season. Our planning process is now fully underway and we expect to report further developments soon.” About Guinness Exploration Guinness Exploration Inc. trades on the OTC-BB under the symbol GNXP. The Company was incorporated in Nevada in 2006 and incorporated its subsidiary Nantawa Resources Inc. in Yukon, Canada in 2009. In November, 2009 Guinness entered an agreement to acquire mineral claims for the Mount Nansen and the Tawa gold and silver exploration properties (collectively the `Nantawa Project`) in the Yukon and is now developing an exploration program. The Nantawa Project is situated in the prolific Tintina Gold Belt, a 1,200 km long area extending from northern British Columbia, through the Yukon Territory and into southwest Alaska. The Tintina Gold Belt includes such world-class, multi-million ounce gold deposits as Pogo, Fort Knox, True North, and Donlin Creek. The Nantawa Project claims consist of 203 full or fractional claims with a total area of 3,136.43 square hectares located in the South Central part of the Yukon, 180 km Northwest of Whitehorse and 60 km west of the Village of Carmacks. A complete independent geological report received by Guinness, dated November 27, 2009, can be viewed on Guinness` website: www.guinnessexploration.com ( http://www.guinnessexploration.com/ ).
Happy trading,
PSL Staff, www.pennystocklive.com
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