Agoracom: Small Cap Investment - Niblack Mining Corp

JV partner and operator Heatherdale Resources

Niblack advanced-stage copper-gold-zinc-silver project in southeast Alaska

Dear Agoracom Family,

I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.

As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.

To this end:

1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.

2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.

Sincerely,

George et al

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100% Confidence

posted on Oct 25, 2011 03:51PM

100% Confidence

Heatherdale’s Takeover Boosts Alaska’s Niblack

By Greg Klein

Prevailing market moods notwithstanding, a surge of optimism greeted theHeatherdale Resources Ltd TSXV:HTR bid to take over Niblack Mineral Development Inc TSXV:NIB. The October 5 joint announcement raised Niblack’s shares to a high of
.23 before closing at
.22, a 37% increase over the previous day’s closing price of
.16. But—unusually for the acquisitive company—Heatherdale did even better, closed at
.54, 74% above the previous day.

All this suggests a bullish view of the Niblack Project, which both companies currently share under a joint venture. A copper-gold-zinc-silver project on Prince of Wales Island, off the southern extremity of the Alaska Panhandle, it’s Heatherdale’s flagship and Niblack Mineral’s sole property. Heatherdale holds a 60% interest and acts as project operator. “We’ve got very good economics, and it just makes a lot of sense to make decisions as 100% ownership under Heatherdale,” says Heatherdale President/CEO/Director Pat Smith.

Read and discuss the rest of this article.

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