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Beacon Resources Inc CPLJF



GREY:CPLJF - Post by User

Post by funmonon Jan 09, 2007 3:09pm
262 Views
Post# 11981395

Here's the Article

Here's the ArticleTri-Gold Resources Corp. (TAL-TSXV) Tri-Gold is an exploration company with a big property position in northern Ontario. The property is located 100 kilometers west of the Hemlo district, which hosts three big gold mines. Tri-Gold’s Big Duck Lake property has considerable geological similarities to the Hemlo district. The area controlled by Tri-Gold has been explored by a number of companies over the past century, with each program focused on a small area. Much of that earlier work was directed at base metals. From 1982 to 1993, a small gold company drilled 65 mostly shallow holes, some of which returned highly encouraging results, including 1.2 meters at 44.7 grams per tonne. The present program represents the first time that one company has initiated a comprehensive exploration program incorporating the earlier results for the area. A comprehensive exploration program over the past couple of years, using modern exploration approaches, has produced some very useful results. For example, the Tri- Gold geologists have identified a major geological structure that they believe is directly related to the gold mineralization. That achievement brings a focus to the exploration program. Tri-Gold has a strong management and geological team, led by Clement Baker, a geologist with considerable experience in that type of geological setting. The directors bring a great deal of exploration and mining industry experience and contacts. The Big Duck Lake project is still at an early stage. However, it is particularly appealing as it is in a geological environment permissive of hosting large deposits and the results to date support the exploration potential. I expect to see the Tri-Gold share price begin to move in the near term as the company gains greater investor awareness. Over the coming weeks, as they head into the summer exploration program, investors should really began to sit up and take notice. Favorable exploration results in this setting could have a big impact on the value of the company. Price January 31, 2006: C$0.135 Shares Outstanding: 14.6 million Shares Fully Diluted: 22.4 million Market Cap: C$2 million Contact: Investor Relations 604-683-3331 www.trigoldresources.com
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