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Almaden Minerals (v.AMM) and Arnie Armstrong

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Almaden Minerals Ltd. ... update

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is an exploration company specializing in the generation of new minerals projects with world-class potential. Our business model is to option our properties to other companies which then carry the cost of all further exploration in order to earn a share in the projects. By building such partnerships and maintaining a carried interest in a large number of properties, Almaden significantly reduces the risk and cost of exploration while exposing our shareholders to the greatest opportunity for wealth creation from discovery.

 

Using the management's technical acumen, geologic database and state-of-the-art exploration technology and methodologies, Almaden has created a significant track record of identifying prospective mineral properties. Almaden currently has over 40 properties in our portfolio, 14 of which are currently optioned.

 

Learn more about Almaden

here: http://www.kitcocasey.com/cpr.php?id=13

 

8 New Explorers' League Honoree:

Arnold “Arnie” Armstrong

 

Arnold “Arnie” Armstrong has been a market-mover in the resource sector for over four decades. From the wild west of the Vancouver Stock Exchange through to the development of the 43-101, Arnold has seen it all. He is known throughout the resource industry as a paragon of excellence and integrity. We sat down with him in his boardroom to hear about his battles with colorful characters from the past, his company-building prowess, and about his plans for the future.

 

BIO & INTERVIEW: http://www.caseyresearch.com/xleague/viewExplorer1.php?id=16

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AN UPDATE - on other Explorers League honorees - many of these stocks have done well

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Ross Beaty

Northern Peru Copper (Nasdaq: NPUCF, TSX: NOC) ... update

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...has retained Genuity Capital Markets as a financial adviser to explore various strategic alternatives it is considering. Genuity is an independent Canadian financial advisory firm specializing in the mining sector, and has provided advisory services in connection with some of the largest mining transactions in recent years.

 

 

Lukas Lundin

Lundin Mining (AmEx: LMC, TSX: LUN) ... update-LUN.t

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...announced updates to its mineral reserves and resources. Karl-Axel Waplan, president of Lundin Mining, commented, "Work carried out in 2006, including resource definition and in-mine exploration drilling, was extremely successful in replacing production with new resources and extending the estimated mine life of several of the company's mines including the Aljustrel project currently under development."

 

 

Ron Netolitzky

Brett Resources (Nasdaq: BBRRF, TSX-Venture: BBR) ... update-BBR.v

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...recent drilling has confirmed the potential to expand the resource at their Hammond Reef project. Results have been received for the first eight holes from the winter drilling program initiated in mid-January, 2007. Highlights of these initial holes include 84 metres of 1.05 grams per tonne gold and 43.5 metres of 1.37 g/t gold, and 27 metres of 1.39 g/t gold and 43.5 metres of 1.23 g/t gold.

 

 

Duane Poliquin

Almaden Minerals (AmEx: AAU, TSX-Venture: AMM) ... update-AAU

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....bought out Comaplex Minerals Corp.'s 60-per-cent interest in the Caballo Blanco project, Mexico. Almaden purchased this 60-per-cent interest for a cash payment of $1.25-million (U.S.). The Caballo Blanco project covers a large, high-sulphidation gold system where limited past drilling by Comaplex in one area of the property included 40 meters of 2.35 grams per tonne gold (in hole C85-03) and 144 metres of one g/t (in hole C806-03). With Almaden as the operator on this highly prospective property, progress on the project will be more aggressive. They have already reported that they’ve identified new areas of alternation and mineraization.

 

 

Robert Quartermain

Silver Standard Resources (Nasdaq: SSRI, TSX: SSO) ... update-SSRI

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...announced new high-grade drill results at their San Luis project, joint ventured with Esperanza. An interpretation of the drill results received to date indicates the presence of two high-grade mineralized shoots within the drilled portion of the Ayelen vein. Drilling on Ines vein indicates new area of gold/silver mineralization. Silver Standard Resources also reported earnings of $16.4-million (28 cents per share) for 2006 compared with a loss of $5.9-million (11 cents per share) for 2005, an increase in working capital to $250.2-million in 2006 compared with $40.3-million in 2005, and no debt.

 

 

John Prochnau

Columbus Gold (Nasdaq: CBGDF, TSX-Venture: CGT) ... update-CGT.v

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Forum Uranium (Nasdaq: FDCFF, TSX-Venture: FDC) ... update-FDC-v

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Columbus Gold Corp. has extended its agreement with Cordilleran Exploration Company (Cordex) to design, initiate and carry out generative and mineral exploration activities in Nevada and elsewhere in the United States exclusively on behalf of Columbus Gold until Dec. 31, 2008. The agreement also provides that the term may also be extended for up to an additional four years beyond Dec. 31, 2008. Also: Forum Uranium Corp. has entered into a letter of intent to acquire a 100-per-cent interest in the Henday project for a consideration of three million common shares of the company and a 2-per-cent net smelter return royalty. The 7,204-hectare Henday property, strategically located 10 kilometres northeast of the Midwest Lake mine project currently under development by AREVA/Denison, is along the trend hosting the Midwest Lake and the Dawn Lake.

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