North Bay Resources, Inc Agrees to Joint-Venture on Its Gold-Silver Property
Lately, every single news item about NBRI was all about acquisitions. However, the press release that came out last Friday, October 15, 2009, was quite different. It announced a joint venture agreement between NBRI and Silver Quest Resources, Ltd to develop NBRI’s Fawn property.
In case you missed it or just started following NBRI, the company acquired its Fawn property very recently, in October 2009. According to the September 2008 property assessment, it represents “a low cost exploration bet with good potential”.
Once the joint-venture agreement is accepted, Silver Quest will pay $100,000, issue 150,000 shares and, in exchange, acquire an initial 75% in the property. Additionally, NBRI will shift $1,500,000 in exploration expenses to Silver Quest over the next four years.
NBRI follows its well-established model of acquiring a promising property and setting up a joint-venture to minimize its risk exposure and expenses of exploring the property.
International Monetary Position Disclosure
International Monetary maintains a position in NBRI and is being compensated by NBRI via a combination of cash and restricted stock for its investor relations and market awareness services. Read full position disclosure and safe harbor statement.
North Bay Resources, Inc. Acquires Land Next to Canada’s Highest Grade Gold Mine
Eskay Creek Mine, ran by Barrick Gold Corp, was until its closure in 2008 Canada’s highest-grade gold mine and the world’s fifth largest silver producer.
Now North Bay Resources, Inc (OTC: NBRI) acquires a parcel of land adjacent to it. Why would NBRI buy land along the entire northern boundary of the closed mine? This is literally a billion-dollar question. (And yes, it’s not a typo, since we’re talking about billions of dollars).
It is very possible that, based on British Columbia government records documented in BC MINFILE 104B 008, the land adjacent to and north-northeast of the now-exhausted Eskay Creek Mine contains high-grade layers of gold and silver in the amounts sufficient for commercial production.
How profitable can such production become? In a nut-shell - highly profitable. The average grade of the Eskay Creek Mine resource was 48.4 grams per tonne gold and 2221 grams per tonne silver. To put these numbers in perspective, a mine can be profitable with grades ten times lower than those of the Eskay Creek Mine.
Of course, grade alone does not give an entire picture. A more significant piece is cost per ounce, which is a combination of grade (grams/tonne) and operating costs (USD/tonne). In 2005, the Eskay Creek Mine’s cost per ounce was USD 350 while the average cost worldwide was USD 428 and rising.
We believe that NBRI will be able to maintain below-average cost per ounce by mining high-grade deposits as well as by using Eskay Creek Mine excellent infrastructure that’s already in place.
Considering all this, it looks like NBRI has successfully secured another strategically important property.
International Monetary Position Disclosure
International Monetary maintains a position in NBRI and is being compensated by NBRI via a combination of cash and restricted stock for its investor relations and market awareness services. Read full position disclosure and safe harbor statement.
VIVA Telecompras Set to Tap into $870 Billion Dollar Market
International Monetary’s newest strategic advisory client is Home Shopping Latino Inc. (Pink Sheets: HSPG). The company is in the developmental stage, getting ready to launch a Spanish-language TV network VIVA Telecompras.
Is there a need for a Spanish-language TV shopping network?
Not only Spanish is the second most widely spoken language in the US, the Hispanic population is highly dynamic. Its purchasing power is growing faster than that of any other group, at twice the average national rate. In 2008 the US Hispanics purchasing power leaped to $870 billion. In 2015 it is projected to reach $1.3 trillion. This means approximately 12 out of every 100 purchases made in the US in 2015 will be made by Spanish-speaking households.
In itself, this is hardly the news. Businesses in the US have been aware of the demands and power of the Hispanic market for a few years. As a result, companies scrambled to develop Spanish-language sales and customer support options.
Still, many businesses were missing the point that to successfully market a product to a Spanish-speaking audience, they had to market it in Spanish in the first place. Research showed that even second-generation Spanish speakers, who might even be more fluent in English than in Spanish, retained preference for Spanish-language messages.
Put it simply, it wasn’t just the parents or grandparents that preferred Spanish-language ads, but the children and grandchildren. And a Spanish-language TV network and e-commerce site present the best way to deliver marketing messages to this audience.
But why VIVA Telecompras?
Niche Market - VIVA Telecompras and its parent company Home Shopping Latino Television Network are niche networks that plan on selling gemstones and jewelry, vitamins, beauty care products, household items, computers, and other items comparable to those offered on HSN and QVC for the English-speaking audiences.
Exclusive Sourcing Ensures High Profit Margins - Home Shopping Latino is concentrating on developing exclusive relationships with the suppliers resulting in better values for VIVA Telecompras’ customers and higher profit margins for VIVA Telecompras itself.
Efficiency Through Outsourcing - VIVA Telecompras’ parent company, Home Shopping Latino, Inc. plans on outsourcing all non-core processes, including merchandizing, fulfillment, credit card processing, etc to third-party vendors to maintain streamlined and highly efficient operations and further increase company’s profit margins. Home Shopping Latino plans to use a core staff to supervise the day-to-day production. Management plans to rent all other production crews and production equipment from third-party companies. This way the company’s efforts and resources will remain concentrated on expanding its market via airtime and website broadcasts.
Variety of Payment Methods - Home Shopping Latino is currently developing new payment methods to meet marketing demands. Plans include generating Home Shopping Latino-branded credit cards for making HSL purchases. Easy-Pay options will allow breakdown of larger payments into monthly installments. The company will also provide overseas delivery option via UPS for US-based customers buying gifts for the loved ones outside the country.
Marketing Strategy Based on Specifics of the U.S. Latino Market - the company’s goal for the U.S. Latino market is to penetrate the top 25 Latino TV HH markets. Between the two tiers of the U.S. Latino television markets, Home Shopping Latino plans to have the ability to reach more than 85 percent of the total U.S. Latino TV HHs. Another part of the strategy will be to get airtime at a number of low-power television stations (LPTV) in a number of key markets.
The company has already employed effective distribution strategies to quickly ramp up to cover the top U.S. Latino markets, albeit primarily through LPTV. Through a series of one- to three-year deals, the company intends to sign broadcasters in a number of the target Latino markets. Several of the major multi-station operators (MSOs such as Adelphia, AT&T, Cablevision, Comcast, etc) have already offered digital tier cable carriage to Home Shopping Latino.
HSL also plans on leveraging through a ”retransmission” deal, to be negotiated with FACE, a group of approximately 150 stations representing 25 million cable homes, predominately non-owned FOX affiliates which are looking to “monetize” their retransmission rights. Home Shopping Latino believes it can gain access to between 3.5 and 6.0 million Latino subscribers through the retransmission deal alone.
Celebrity Representatives - HSL will be using notable Latino celebrities to build trust and loyalty of the market.
HOW WOULD YOU LIKE 764% RETURN ON YOUR INVESTMENT?
This doesn’t sound bad at all, does it? Sure beats the DOW and NASDAQ!
Well, that’s exactly why so many investors turn to microcap stocks that have potential to turn into the next Microsoft or Amedysis. But just like with any other investment, you have to be smart about your stock picks.
Here you must go deeper than simply choosing a niche based on your interests, economic outlook or industry news. And unless you are a day-trader, you need to look past the daily volume. So what is it that you REALLY need to look for if you want big-time returns?
You need to do just one thing - LISTEN…
I’m not talking about listening just to company news and press releases. When you are looking to sell, go ahead and listen to the news. But when you’re looking to buy, listen to the rumors, the online chatter.
And when you do read press releases, think about what the true implications of these news are.
Case in point - Zaldiva, Inc (OTCBB: ZLDV)
In my previous posts I already mentioned all the great things about this up-and-comer (but here’s a recap in case you missed it): Zaldiva, Inc to tap into Social Media
And now they are coming out with an announcement of a joint venture with InvestComics, a major online investment guide for comic books collectors. Click here to read PR.
So now here’s a dynamic microcap stock that is set to hit it big. How big? Re-read the title - 764% BIGGER than it is now. That’s based on February, 2009 report by independent analysts setting Zaldiva’s target price at $0.84.
(Of course, that was before their May, 2009 update setting the target price at $1.02 per share or a whopping 927% increase, but I’m being conservative here).
The bottom line is, you’ve been searching for a ground-floor opportunity and ZALDIVA (OTCBB: ZLDV) is it.
North Bay Resources Announces Major Joint Venture
North Bay Resources Inc. (PINKSHEETS: NBRI) (”North Bay” or the “Company”) is pleased to announce that it has finalized and signed a contract with Lincoln Resources Inc. (”Lincoln”), a private Nevada corporation, to enter into a joint-venture for the development of North Bay’s Coronation Gold Property.
Terms of the agreement call for Lincoln to commit up to $1.5 million CDN over three years for exploration expenses, developmental drilling, and surface ore recovery, with a minimum expenditure of $250,000 during the first year. Upon completion of the work program and fulfillment of all the terms of the agreement, North Bay and Lincoln will each own 50% of the Coronation Gold Property, and will equally share any and all net revenue, including any near-term profits generated from surface ore recovery operations. It is expected that a portion of any profits will be re-invested in ongoing development work on the Coronation’s underground resources. In addition, North Bay has received an initial cash payment of $12,500 CDN from Lincoln, less a $2,500 CDN finders fee paid to an independent third party.
Coronation Gold is located near Memphis Creek, 6 kilometres northeast of Slocan in southeastern British Columbia. The property covers 309 acres over several reverted crown grants and includes four other past-producing mines; the Colorado, the V&M, the Senator, and the Homestake mines, in addition to the Coronation. Primary mineralization is gold, silver, zinc, and lead. The highest combined historical (post-production) assays are 16.8 grams (0.54 ounces) per tonne gold, 6000 grams (192 ounces) per tonne silver, 10.9% zinc, and 1.2% lead. Past-production at the Coronation has been documented to be as much as 13,000 grams (418 ounces) per tonne silver and 20% lead, while past-production at the Homestake mine averaged 23.3 grams (0.75 ounces) per tonne gold, 2611 grams (83.95 ounces) per tonne silver, 1.33% lead and 1.52% zinc.
About North Bay Resources Inc.
North Bay Resources Inc. (PINKSHEETS: NBRI) is a junior mining company with over 140 mineral and placer claims encompassing approximately 50,000 acres throughout British Columbia, Canada. The Company’s mission is to build a portfolio of viable mining prospects throughout the world and developing them through subsidiaries and JV partners to their full economic potential. North Bay’s business plan is based on the Generative Business Model, which is designed to leverage its properties into near-term revenue streams even during the earliest stages of exploration and development. This provides shareholders with multiple opportunities to profit from discoveries while preserving capital and minimizing the risk involved in exploration and development.
SAFE HARBOR FOR FORWARD LOOKING STATEMENTS
This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties. Although North Bay Resources Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any assumption could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion should not be regarded as a representation by North Bay Resources Inc. or any other person that the objective and plans of North Bay Resources Inc. will be achieved.
Zaldiva, Inc to tap into Social Media
Some time ago I posted a press release for one of our client companies, Zaldiva, Inc (ZLDV). Zaldiva specializes in specializing in comic books, toys and collectible items. Well, let me clarify something here - Zaldiva is more than a seller of all these items. It is a unique and highly profitable distribution system that sets this company apart.
Zaldiva, in analysts’ opinion, is a true “ground floor” opportunity. But don’t take my word for it. Consider these facts:
- Zaldiva operates in the industry that is experiencing tremendous growth, from $75 million in sales in 2001 to $375 million in 2007.
- The company has brick-and-mortar locations in South Florida and is gearing up to to Central Florida first, then regional Southeast USA and enter major cities.
- Zaldiva expects to go national and franchise its distribution system in the near future.
- In addition to brick-and-mortar outlets, Zaldiva is a licensed e-auction house.
- Currently Zaldiva enjoys 55-100%+ profit margins on comic books and graphic novels alone. These figures will go up as Zaldiva acquires more retail properties and gets larger discounts from the major publishers, such as DC and Marvel Comics.
- And to top it all off, Zaldiva has over $2million in hidden assets (real estate equity/fully owned property), no debt and consistent revenue growth.
If you are looking for a “ground floor” opportunity, for a second Amedisys (AMED), get in on Zaldiva (ZLDV), hold on to your position and watch their business plan unfold.
P.S. Zaldiva is moving aggressively to build its customer base on various social networks, including Twitter (@Zaldiva), Facebook, MySpace and YouTube. Follow them and see for yourself.
Download information about Zaldiva and Zaldiva Opportunity.
North Bay Resources Inc. (NBRI) Acquires Lancers Mountain Gold-Silver Property
SKIPPACK, PA., August 11, 2009 – North Bay Resources Inc. (OTC: NBRI) (“North Bay” or the “Company”) is pleased to announce that it has acquired a 100% interest in the Lancers Mountain Gold property in southwestern British Columbia, Canada.
The Lancers Mountain Gold Property is located approximately 160 miles northwest of Vancouver, and is characterized by gold, silver, lead, zinc, copper, and molybdenum mineralization over 998 acres. As documented in MINFILE 092N 051, there are at least four major gossanous zones with an average size measuring 50 by 50 metres. On the northeast flank of Lancers Mountain a select grab sample from a trench cut in a silicified felsic dyke assayed 35,513 grams (1,141 ounces) per tonne silver, 56.6 grams (1.81 ounces) per tonne gold, 1.2% zinc and 0.39% lead.
The property also includes the Hannah prospect (MINFILE 092N 028). The Hannah is a showing of gold, silver, copper and molybdenum mineralization in altered intrusive rocks located 8 kilometres southeast of Lancers Mountain. Assay results from 64 channel and chip samples revealed that gold and molybdenum were more significant than copper and silver. The average assay for gold was 1 gram per tonne (maximum 11.3), and for molybdenum was 0.087% (maximum 1.25%).
Another important area is the Discovery zone where a shear zone in the quartz monzonite stock is intruded by felsic to intermediate porphyritic dykes. The zone has been explored by diamond drilling and trenching; with one 1 metre section in a trench assaying 18 grams per tonne gold, 44 grams per tonne silver and 3.26% copper.
Elsewhere on the property in the Conductor “F” zone, the sheared contact between a feldspar porphyry dyke and silicified monzonite is marked by strong sulphide mineralization. A select grab sample from here assayed 126 grams (4.05 ounces) per tonne gold and over 1% copper, and a 2-metre channel sample averaged 85 grams (2.73 ounces) per tonne gold, 51 grams per tonne silver, and over 1% copper (Assessment Report 18202).
Despite some very high though sporadic geochemical results, most exploration efforts thus far in the area have not yet defined significant widths of economic mineralization, although the potential at depth is not discounted. It should be noted that the property is characterized by rugged terrain and harsh weather conditions that have severely limited exploration to date. The Company believes that despite its lack of infrastructure, the remarkably high assays such as 4.05 ounces per tonne gold in the Conductor zone and 1,141 ounces per tonne silver on Lancers Mountain make the property an attractive exploration target and a suitable joint-venture prospect of merit.
About North Bay Resources Inc.
North Bay Resources Inc. (OTC: NBRI) is a junior mining company with over 140 mineral and placer claims encompassing approximately 50,000 acres throughout British Columbia, Canada. The Company’s mission is to build a portfolio of viable mining prospects throughout the world and developing them through subsidiaries and JV partners to their full economic potential. North Bay’s business plan is based on the Generative Business Model, which is designed to leverage its properties into near-term revenue streams even during the earliest stages of exploration and development. This provides shareholders with multiple opportunities to profit from discoveries while preserving capital and minimizing the risk involved in exploration and development.
SAFE HARBOR FOR FORWARD LOOKING STATEMENTS
This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties. Although North Bay Resources Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any assumption could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion should not be regarded as a representation by North Bay Resources Inc. or any other person that the objective and plans of North Bay Resources Inc. will be achieved.
Press Release - International Monetary and Zaldiva, Inc
Newport Beach, CA - July 13, 2009 - International Monetary, a boutique investment banking consultant (www.intlmonetary.com), is proud to announce it has been retained with Zaldiva, Inc (OTCBB: ZLDV). Zaldiva, Inc is an emerging growth company specializing in comic books, toys and collectible items.
According to retail analysis site ICv2, sales of graphic novels in the U.S. and Canada rose from $75 million in 2001 to $375 million in 2007. Zaldiva, with its unique combination of highly visible brick-and-mortar location in Florida, its e-commerce site and one of the most successful eBay storefronts, is expected to become a heavyweight in this rapidly growing market.
North Bay Resources Inc. (NBRI) Acquires Cherry Gold Property
SKIPPACK, PA., July 8, 2009 - North Bay Resources Inc. (OTC: NBRI) (”North Bay” or the “Company”) is pleased to announce that it has acquired a 100% interest in the Cherry Gold Property in southeastern British Columbia, Canada.
Cherry Gold is a road-accessible property that covers 1,788 acres located 9 kilometres east of Cherryville BC and 50 kilomtres east of Vernon BC. The property is within the Monashee Gold Camp, and was previously known as the Hilton Claim Group.
The primary target area is known as the Bulldozer Trench. According to MINFILE 082LSE063, there are 2 mineralized shear zones in the Bulldozer Trench; the Cherry and the Hilton shears. BC Assessment Report 11892 documents that samples from this area have assayed up to 158 grams (5.08 ounces) per tonne gold and 1251 grams (40.22 ounces) per tonne silver. Samples of the Cherry shear where no quartz veining is present assayed up to 20 grams per tonne gold, 1.05 per cent lead and 76 grams per tonne silver over 90 metres. These samples are confirmed in Assessment Report 18706, which concludes that the property “has good potential for hosting an economic gold deposit”. As well, both of these mineralized shear zones are open along strike and down dip.
A second target zone has been identified near the northwestern border of the property, and which is within 250 metres of the past-producing True Blue mine. As documented in MINFILE 082LSE035, assays from the True Blue were reportedly as high as 100,000 grams (3,215 ounces) per tonne silver. The Company believes that the True Blue vein system may extend further to intersect the northwest quadrant of the Cherry Shear, the potential of which warrants further investigation.
About North Bay Resources Inc.
North Bay Resources Inc. (OTC: NBRI) is a junior mining company with over 100 mineral and placer claims encompassing approximately 40,000 acres throughout British Columbia, Canada. The Company’s mission is to build a portfolio of viable mining prospects throughout the world and developing them through subsidiaries and JV partners to their full economic potential. North Bay’s business plan is based on the Generative Business Model, which is designed to leverage its properties into near-term revenue streams even during the earliest stages of exploration and development. This provides shareholders with multiple opportunities to profit from discoveries while preserving capital and minimizing the risk involved in exploration and development.
SAFE HARBOR FOR FORWARD LOOKING STATEMENTS
This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties. Although North Bay Resources Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any assumption could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion should not be regarded as a representation by North Bay Resources Inc. or any other person that the objective and plans of North Bay Resources Inc. will be achieved.
Contact:
Perry Leopold, CEO
North Bay Resources Inc.
215-661-1100
http://www.northbayresources.com
NBRI
With gold prices moving towards the $1,000 mark, experts foresee $1,300 and higher by year end. Some talk about $2,000 by end of 2010.
So when I saw a press release from a junior mining company North Bay Resources, Inc (NBRI) announcing expansion of their gold property I had to share this with you. NBRI’s new claims more than double the aggregate size of the property and more than quadruple the measured extent of known gold and silver mineralization within the combined claim areas. You can find the entire press release by following this link - http://www.bit.ly/H0VtF
NBRI is debt-free, maintains a very lean capital structure and has recently announced a few key joint ventures and record earnings for Q4 and FY 2008. North Bay’s business plan is based on the Generative Business Model, which is designed to leverage its properties into near-term revenue streams even during the earliest stages of exploration and development.
For additional information about North Bay Resources Inc. please visit http://www.northbayresources.com.
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