Day Trader News Alerts: Supatcha Resources -- October 5, 2010
October 05 2010 - 8:35AM
Marketwired
Day Trader News Alerts' watch list includes: Supatcha Resources
Inc. (OTCBB: SAEI), Gold Fields Limited (NYSE: GFI), Exxon Mobil
Corporation (NYSE: XOM) and BP plc (NYSE: BP).
New released yesterday: Supatcha Resources Inc. (OTCBB: SAEI)
announced results from the Phase 1 drill program on its 90%-owned
Barlevskoye gold property in the Barlevskoye Mining District in the
western part of Ukraine. A total of 50 samples were selected under
the direction of Mr. Andrei Yasinskij, Chief Geological Advisor on
the Barlevskoye exploration program. This initial drill program has
produced gold assay results in all 50 selected samples, with nine
of the samples exhibiting particular significant interest.
Mr. Yasinskij states, "We are extremely pleased with the initial
set of results and are encouraged that our increased detailed
sampling has shown this improvement in grade of the Barlevskoye
gold mineralization. The results confirm our own high expectations
of the properties and will definitely facilitate the development of
our operations and facilities, as interest and commitments to our
project continue to grow. Our extensive drill program is continuing
on the Barlevskoye project and additional assay results will be
made public as soon as they are available."
According to the company's press release, the content of this
release has been reviewed and verified by the Company's geological
staff, Mr. Andrei Yasinskij, a "Qualified Person" for the purpose
of NI 43-101.
To ensure reliable sample results, Supatcha Resources uses a
quality assurance/quality control program that monitors the
chain-of-custody of samples and includes the insertion of blanks,
duplicates, and certified reference standards in each batch of
samples. Core is photographed and sawn in half with one half
retained in a secured facility for verification purposes. Sample
preparation (crushing and pulverizing) is performed at an
independent certified laboratory. Prepared samples are
direct-shipped to certified laboratories. Pulp splits of
mineralized intervals are re-assayed at certified independent
referee laboratories.
About the company: Supatcha Resources Inc. is a gold exploration
company focused on acquiring and developing mineral properties in
Ukraine. Supatcha is in the final stages of acquiring two
additional gold mining projects, with world-class potential, in
southwestern Ukraine.
Gold Fields Limited (NYSE: GFI) down 0.3% on 2.2 million shares
traded.
Gold Fields is one of the world's largest unhedged producers of
gold with attributable production of 3.6 million ounces* per annum
from nine operating mines in South Africa, Ghana, Australia and
Peru.
Exxon Mobil Corporation (NYSE: XOM) down 0.5% on 16.9 million
shares traded.
Exxon Mobil Corporation is one of the leading international
energy companies whose subsidiaries have operations in most of the
world's countries.
BP plc (NYSE: BP) down 2.6% on 10.1 million shares traded.
BP is one of the world's largest energy companies, with
interests in more than 100 countries and over 96,000 employees.
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