Global Hunter Corp.’s (TSX.V: BOB) (FSE:G5D) focus is on strategic and base metals, particularly copper and molybdenum. The Company has built an outstanding portfolio of projects in the stable geopolitical geographies of Canada and Chile. Global Hunter’s exploration and development teams are on the ground rapidly advancing the La Corona de Cobre property near La Serena, Chile and the Rabbit South property in British Columbia, Canada. Either one of these projects could carry the company forward on a stand-alone basis, but together they bring the company additional stability, strength and value.
Global Hunter’s La Corona de Cobre project is over 18,000 hectares of land located in the Coast Range of the Andean Cordillera, Chile, an area often referred to as the Chilean Iron Belt. The property is on the Pan American Highway, 70-kilometres north of the port city La Serena.
The property is located at the southern end of the Atacama Fault Zone, a north-northeast regional feature that stretches for over 1,000 kilometres and hosts several large copper deposits in Chile including Phelps Dodge’s Candelaria (400 million tonnes grading 0.95% copper and 0.2% gold) and Anglo-American’s Manto Verde (100 million tonnes averaging 0.80% copper) deposits.
Global Hunter’s Rabbit South molybdenum project is located within a prolific mining region in the Dominic and Roper Lake area, 27 kilometres west-southwest of the city of Kamloops British Columbia. The property is accessible year round by a combination of highway and logging roads. Rabbit South is situated 25 kilometres northeast of Highland Valley, BC’s largest porphyry copper mine (1.4 billion tonnes @ 0.40% Cu) and 12 kilometres southwest of Afton, BC’s richest porphyry copper mine (107Mi tonnes @ 1.05% Cu, 0.70g/t Au).
Additional drilling by Global Hunter has confirmed the existence of extensive near-surface molybdenum mineralization and efforts to correlate previous drill results and to complete an updated resource estimate are underway. Initial results indicate the system is capable of producing much higher grade Mo mineralization on a small scale. It remains to be determined if the system can do that on a deposits-scale.
For More Information Go To: www.globalhunter.ca
American Video Teleconferencing Corp. (Pink Sheets:AVOT) is pleased to announce that it has hired a French speaking geologist to search the archives of the Quebec Department of Mines for Rare Earths showings not on a current computer file. The company believes the rare earths industry is where it wants to maintain a very strong focus and is looking to expand its holdings. As neither the Federal nor Quebec Governments have carried out any air borne surveys in this area, the company will seek a contractor to do an air borne Mag-EM radiometric survey. This survey will cover its present holdings and the immediate surrounding area looking for future acquisitions. We are pleased to be working in the Province of Quebec as it is rated the number one jurisdiction in the world to carry out mineral exploration. The Quebec Government gives a rebate up to 45% for property expenditures.
Presently American Video is in the final stage of negotiations with Kondor Gold Pyt. in Australia.
The 17 elements that are classified as “rare earth” have become a more vital part of our day-to-day lives. Rare earth metals are the life blood of modern personal computers, batteries and alternative energies. To illustrate, there are nearly ten lbs of the rare earth element, lanthanum, in just about every Toyota Prius engine. Furthermore, rare earth elements are vital to military technologies. As opposed to the name, rare earth metals are not particularly uncommon and can be found in most continents. In recent weeks the US government has made significant steps to increase production of these metals, since they will have a large part in President Obama’s overhaul of US energy.
Rare-earth metals include terbium, which finds use in flat-panel TVs and high-efficiency fluorescent lamps, and neodymium, key to the permanent magnets in high-efficiency electric motors. Rare-earth metals are not indeed rare. The series of nonferrous metals is common in the environment. According to Design Chain Associates, most rare-earth metals are as common as copper, and even the rarest is more common than gold.
Part of the market pressure on rare-earth metals comes from new demands that green technologies has prompted. The market, including electric- and hybrid-vehicle motors and wind turbines, requires magnets.
American Video will aggressively continue to search world-wide for opportunities in Precious, Base and Rare Earths metal projects.
Interpublic Group of Companies, Inc. (NYSE:IPG) announced the appointments of Sean Finnegan as Chief Executive Officer and Tony Bombacino as President/Chief Marketing Officer at hyper-local marketing, media and performance agency Geomentum. In addition to the significant investment Mediabrands has made over the past year into Geomentum’s powerful and proprietary media performance technology, which will be widely available to clients and agencies in 2011, the two appointments affirm Geomentum’s strategic position within the larger network.
The Interpublic Group of Companies, Inc., through its subsidiaries, provides advertising and marketing services worldwide. It delivers various services across marketing disciplines and specialties, including advertising, direct marketing, and mobile marketing.
MEMC Electronic Materials Inc. (NYSE:WFR) announced that it has received the final milestone payment of 230 million Euros from First Reserve for the sale of a 70 megawatt (MW) photovoltaic (PV) power plant located in Northeast Italy, near the town of Rovigo. As the Rovigo solar power plant was acquired by First Reserve for approximately 276 million Euros, through a joint venture established between First Reserve and SunEdison. In October 2010, First Reserve made an initial milestone payment of 46 million Euros to SunEdison and on December 23, 2010 funded the final 230 million Euro milestone payments.
MEMC Electronic Materials, Inc. designs, manufactures, and sells silicon wafers for the semiconductor industry worldwide. Its products include prime polished wafers, such as OPTIA and annealed products; epitaxial wafers consisting of thin silicon layer grown on the polished surface of the wafer; and silicon-on-insulator wafers used for the chip making process.
Duke Realty Corp. (NYSE:DRE) announced it has entered into definitive agreements for $967 million of strategic transactions, consisting of the sale of office assets to an existing joint venture with CB Richard Ellis Realty Trust (”CBRERT”) and the acquisition of a primarily industrial portfolio in South Florida from Premier Commercial Realty (”Premier”). “Both of these transactions demonstrate Duke Realty’s ability to execute on our asset strategy to enhance the overall composition of our portfolio.
Duke Realty Corporation operates as a real estate investment trust (REIT) in the United States. It offers leasing, property and asset management, development, construction, build-to-suit, and other tenant-related services.
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