Price and momentum on watch right now
- News was released after the market close Friday***SBGX***SBGX***SBGX***SBGX***SBGX***SBGX***SBGX***Here's the NewsStonebridge Signs LOI to Acquire 50% Interest in Mining Claims of 6070205 Canada Inc.
Friday April 29, 4:01 pm ET(Go to yahoo or any financial site to read this news now)Stonebridge Resources Explorations Ltd. is a junior resource and exploration company concentrating on acquiring and consolidating large advanced exploration-stage companies with near term production potential and future growth potential and acquiring this growth initiative in a profitable and socially responsible manner.Important news that was released WednesdayStonebridge Acquires the Churchill Property Comprising 22 Claim Units and Announces Initial Drilling Results
Wednesday April 27, 5:13 pm ETCARSON CITY, Nev.--(BUSINESS WIRE)--April 27, 2005--Stonebridge Resources Explorations Ltd. has acquired 22 claim units (870 acres) located in south-central Churchill Township, approximately 3 km north of Shining Tree village in North Eastern Ontario.
Preliminary exploration revealed two quartz-rich, gold bearing shear zones which intersect near the center of the property. The initial drilling results at Zone East on the property were done at 133 meters and yielded 39.1 grams of Gold per ton as well as 155.4 grams per ton of Silver. Phase one of the explorations is to cost $214,000 U.S. and includes Diamond drilling. Shining Tree gold camp has over 150 recorded gold occurrences. Several properties were partially developed as early as the 1930's with the Rhonda Mine, one of the earliest, still in production.
Why we want you to watch this company!
Besides these positive news releases, we also found through scanning that there are numerous groups that are starting to profile this company. It appears to be a massive campaign. We suggest that you WATCH this company starting Monday.
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