Well Now?Encore Renaissance Resources Corp Starts Work Program On Yukon Gold Prospect9/22/2009 3:01:07 AM - Market Wire
VANCOUVER, BRITISH COLUMBIA, Sep 22, 2009 (Marketwire via COMTEX News Network) --
ENCORERENAISSANCE RESOURCES CORP. (TSX VENTURE:EZ)(FRANKFURT:OUH1)(PINKSHEETS:ERRCF) (the "Company") reports that the company has commenced awork program on its 100% owned Yukon Gold Prospect that was acquiredearlier this month. This property borders Underworld Resources' WhiteGold Property. Recently, Underworld announced significant results fromits ongoing drill program at the White Gold Property returning gradesof 3.94 grams per tonne gold over 59.9 metres and 3.59 grams per tonnegold over 98.3 metres. This prospect is approximately 5,200 contiguousacres.
Michael Mulberry, President of Encore comments, "Encoreis please to have two separate gold projects now underway at a time ofnear all-time highs being observed on gold. This new Yukon goldprospect borders Underworld, who has achieved significant results todate. Management looks forward to working in this region of the worldthat has garnered an ample amount of market attention since Underworldmade its initial recent discovery. Not only do we have this prospectunderway, but our flagship project, The Bonaparte Gold Prospect, ismoving forward with the bulk sample mining test that is currently underway."
"Habanero Resources Inc.: Work Program Begins On Yukon Gold Prospect
9/21/2009 3:01:03 AM - Market Wire
VANCOUVER, BRITISH COLUMBIA, Sep 21, 2009 (Marketwire via COMTEX News Network) --
HabaneroResources Inc. ("Habanero") (TSX VENTURE:HAO)(PINKSHEETS:HBNRF)(FRANKFURT:HRJ) wishes to announce the work program hasnow commenced on its 100% owned Yukon gold prospect. Habanero has hiredEquity Exploration Consultants Ltd. to oversee the program. Habanerohas over 18,000 acres in the region of the White and Yukon Rivers withapproximately 13,000 contiguous acres bordering Underworld ResourcesInc. ("Underworld"). Underworld announced (May 27, 2009) significantresults returning grades of 3.94 grams per tonne gold over 59.9 metresand 3.59 grams per tonne gold over 98.3 metres.
JasonGigliotti, President of Habanero Resources stated, "This is the firstwork program that Habanero has been involved with in more than twoyears. It is exciting to get underway on this gold prospect at a timeof near all time high gold prices. Not only is a work program on ourYukon gold prospect now underway, but we have also been very activelyacquiring approximately 650,000 contiguous acres of land prospectivefor lithium."
Well now, if Encore owns 100% and the Hookers own a 100%, poor old Underworld are seeing the Real Estae values going down in the neighbourhood!...something smells fishy.