Standard & Poor's Initiates Factual Stock Report Coverage on Mistango River Resources Inc.
11 Octubre 2011 - 8:00AM
Business Wire
Standard & Poor’s announced today that it has commenced
Factual Stock Report coverage on Mistango River Resources Inc.
Mistango River Resources (CNSX:MIS, OTC: GLRAF) is a
Canadian-based junior mining and exploration company focused on
existing projects in Ontario and Quebec.
On September 13, 2011, Mistango announced deep drill results
from its 100% owned Omega Gold Mines project. Commenting on the
intersection; Robert Kasner President and CEO stated "that this is
very encouraging drilling to date has surpassed our expectations
and it appears we are developing a new mine out of an old one. We
still have assays to come from other deep holes and the potential
open pit area. We expect to start another 10,000 metres program by
month's end. In the mean time drilling is continuing with one
drill."
On August 30, 2011, Mistango announced the results of an
additional 12 holes from the open pit area of its 100%-owned Omega
Gold Mine Property located in Larder Lake, Ontario. Among other
results, Mistango drilled 11 meters of 3.558 g/t gold. Other
drilling highlights included 32 meters of 1.413 g/t gold in hole
OM-11-14; 19.3 meters of 2.844 g/t gold (which includes the 11
meters of 3.558 g/t gold mentioned above) in hole OM-11-21; and 22
meters of 2.690 g/t gold in hole OM-11-23.
On June 14, 2011, Mistango entered into a property option
agreement to acquire a 100% interest in six claims in close
proximity to the company's Omega property. In order to acquire the
100% interest, the company must make certain cash payments and
issue a total of 300,000 common shares over a three-year period. In
addition, the company is required to carry out Canadian Dollar (C$)
500,000 in work expenditures on these claims by June 30, 2014. The
vendor will retain a 3% NSR.
S&P Factual Stock Report coverage on Mistango River
Resources Inc will also be accessible on an ongoing basis to the
investment community by scores of buy-side institutions and
sell-side firms that utilize S&P research and information
platforms daily. Millions of self-directed investors also have
access to the report via their e-brokerage accounts. Please visit
www.mistangoriverresources.com for additional information.
About Standard & Poor's Factual Stock Reports
This Standard & Poor’s service provides factual research
coverage enabling information about Mistango River Resources
Inc and other securities to reach a wide investor audience of
Buy and Sell-side investors, helping them understand a company’s
fundamentals and business prospects. Currently profiling over 500
issuers, S&P Factual Stock Reports increase market awareness
for issuers in the investment community with insightful commentary
and key statistics/information. Updated weekly with the latest
pricing, trading volume, and other data, the reports include recent
developments, a financial review, key operating information,
Industry and peer comparisons, institutional holdings analysis,
Street Consensus and opinions, performance charts, business
summary, fundamental data, and news. Because coverage of these
reports is sponsored by the issuer, S&P does not offer
investment opinions concerning the advisability of investing in
these stocks.
Standard & Poor’s Factual Stock Reports are produced
separately from any other analytic activity of Standard &
Poor’s. Standard & Poor’s Factual Report research has no access
to non-public information received by other units of Standard &
Poor’s. Standard & Poor’s does not trade on its own
account.
Note: All U.S. and Canadian Companies listed on a National
Exchange (not covered by S&P’s STARS research) are eligible to
obtain this coverage.
About Standard & Poor's
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(NYSE: MHP), is the world's foremost provider of financial market
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Mistango River Resources (CSE:MIS)
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