Gold American Mining Corp. (OTC.BB: SILA) is pleased to announce that it has received the final ground geophysics report on its Guadalupe property and confirms that the recently concluded geophysics program has identified multiple potentially significant geophysical anomalies.
The geophysical survey was designed to test down to depths of 500 meters. The key results from the geophysics program are:
• Magnetic susceptibility survey was successful in identifying the trace near the surface extensions of the known veins. The presence of additional parallel anomalies suggests the potential for additional veins that do not outcrop.
• Induced Polarization anomalies indicate the potential for down dip extensions to the main veins within the property.
• A potentially significant chargeability anomaly (Induced Polarization) occurs in the southern portion of the property in between the Santa Rosa and San Antonio Mines at depth starting at 400 m, which is below the known depth of these historically important mines.
"The final results and interpretation of the geophysics results on our Guadalupe property have given us very attractive drilling targets. We are in the process of acquiring firm bids from several qualified drilling contractors and initiating the permitting process for the next phase of exploration of this exciting project," commented Johannes Petersen, President of Gold American. "Gold American is well on track to initiating drilling operations on Guadalupe during the fourth quarter of 2010," added Mr. Petersen.
American Power Corp. (OTC.BB: TGMP) is pleased to announce that it has retained Weir International Inc. of Downers Grove, Illinois ("Weir") to prepare an exploration drilling program and to supervise the execution of that program, in order to evaluate the coal reserve potential on the Pace coal property in Judith Basin County, Montana.
Weir is an internationally recognized consulting firm that has provided engineering consulting services to the American and international mining and energy industries for over 75 years. Weir has prepared coal reserve reports for several established mining companies including BHP Billiton, the world's largest mining company by market cap at $183bn, among many other major coal producers including Arch Coal Inc., publicly traded on the NYSE, and America's second largest coal producer.
"We are excited to be working with Weir International, a leader in providing expert consulting services to the coal industry. We look forward to initiating the permitting process for our exploration drilling program as soon as possible," said Al Valencia, CEO of American Power Corp.
eDoorways (Pink Sheets: EDWY) and Escue Polo, LLC are joining teams to launch the Escue Polo PowerChannel. Escue will use the new channel to augment its current website.
“Escue is a leading force on the world polo scene,” stated Gary Kimmons, CEO of eDoorways. “Polo aficionados span the globe, and now they will be able to connect with one another in a world-class venue,” Kimmons continued.
What started over 20 years ago as a small family operation, has grown today to several worldwide locations including Monaco, France, Tunisia, Dubai, Pakistan, and Hong Kong to name a few. Like eDoorways, Escue Polo is also equally committed to environmental conservation and social responsibility.
Escue Polo (escue-polo.com) represents more than just a polo team, it is a family legacy. Its inception took place over 20 years ago as a small family-run operation in Wellington, Florida. The purpose of such an operation was to create an unparalleled polo team and provide the local community with all the different services associated with polo, including horse sales and leasing, horse training, polo lessons, and polo events. Since then, Escue has grown to be one of the top polo teams in the world, winning the prestigious U.S Open in 1998 and competing as defending champions in the 2005 Argentine Open.
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