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AGORACOM WIRE - WEDNESDAY MAY 30TH, 2012

GOLDEN HOPE MINES (TSXV:GNH) Confirms High Grade Intersection of 64.1 g/t Au (Gold) over 1m Read More

The screen metallic analysis returned 82 g/t Au for an average grade of 93.5 g/t Au.
Two additional fire assays on the original pulp done prior to the screen metallic analyses returned 0.22 g/t Au and 0.12 g/t Au for an average fire assay grade of 0.41 g/t Au. The weighted average of all the fire assays and screen metallic assays from this 1-metre section in hole BD2011-184 is 64.1 g/t Au.

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CONTINENTAL ENERGY Geothermal Energy Project Receives US$ 11.5 Million Grant Read More * Client

AGORACOM Launches Graphite Stocks Blog

Message: Kerr, s property

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Re: Kerr's property

in response to Re: Kerr's property by red911

posted on Nov 20, 09 11:50AM

Hey red

it just shows sgx,s response is bs, they could just back and not put in any money to kerr,s development finacially and there is no commitment to kerr,s it was on all on OAK

THis was a stupid deal for sgx, the initail deal was great

Thank you for your inquiry. The following response was provided by management.

The decision on the Kerrs deal was based on the fact that we have committed to focus on our prominent area being Beardmore-Geraldton. The Lake Abitibi area and Kerrs in general would require an ongoing commitment financially and time wise for years to come. It takes years to develop a potential mine and hundreds of thousands of metres of drilling, etc.

Our transaction with Sheltered Oak brought us a large amount of SOR shares and a cash component which was deemed fair at this juncture. This was all detailed in the PR by SOR this past summer.

Regards,

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