latest news releases from the newsroom
Evolving Gold Corp
Nevada Gold Mining Interest Shifts to Higher Grade Feeder Zones
SARASOTA, Fla., Aug. 3, 2005 (PRIMEZONE) -- Veteran minerals exploration geologist and Chief Executive of Evolving Gold (OTCBB:EVOGF), Dr. Lawrence Dick sees a shift in Nevada gold mining. Instead of the typical low-grade bulk tonnage open pits, which define the world's third largest gold producing area, his company is now pursuing the higher grade feeder zones, hoping to find the higher gold grades found at Goldstrike or the former Sleeper gold mines. Dr. Dick told StockInterview.com, "In Canada, for example, most of the veins of gold deposits that have become underground mines are normally running on the order of 0.3 to 0.5 ounces per ton over 1.5 meters to two meters width. This can constitute an economic grade for these deposits."
Nomadix Marks Rapid Growth in Digital City Market
NEWBURY PARK, Calif., Aug. 3, 2005 (PRIMEZONE) -- Nomadix, Inc. (www.Nomadix.com), the leading supplier of intelligent network devices and interconnect services for guest access, Digital Cities, and carrier HotSpots, today announced robust growth in Digital City applications of its public access Gateways. The company's latest deployment is within a solar-powered Wi-Fi(tm) network in Boulder, CO's upscale and fashionable Pearl Street Mall.
Coastal Holdings, Inc.
Coastal Holdings, Inc. in Negotiations with Two Israeli Biotechnology Firms
HOUSTON, Aug. 3, 2005 (PRIMEZONE) -- Coastal Holdings, Inc. (Pink Sheets:CSJJ) today announced that it has entered negotiations to acquire an interest in two biotechnology firms based in Tel Aviv, Israel. These biotechnology firms offer investors high-growth and profit potential due to their innovative and scientifically proven products, which are supported by strong management teams and leading specialists in this field. This investment by Coastal Holdings will be utilized to fund the current product development process of these firms and enable them to expand their operations into the U.S., particularly into the San Diego and Los Angeles area, for Research and Testing of their products. CEO Andrea Cortellazzi has spoken with the principals of the two firms and anticipates signing a memorandum of understanding with one of them by the end of this week.
eTelcharge.com Retains New Accounting Firm
DESOTO, Texas, Aug. 3, 2005 (PRIMEZONE) -- eTelcharge.com (Pink Sheets:ETLC), www.etelcharge.com, a financial diversified merchant service company, today announced it has retained the accounting firm of Malone & Bailey, PC as its new independent auditor.
Plasticon International, Inc.
Plasticon to Acquire Pro Mold, Inc., one of the Premiere Injection Molding Facilities in the Midwest
LEXINGTON, Ken., Aug. 3, 2005 (PRIMEZONE) -- Plasticon International Inc. (Pink Sheets:PLNI) announced today that this week the company will acquire Pro Mold, Inc., one of the premiere injection molding facilities in the Midwest. The privately financed acquisition (with no dilution for PLNI shareholders), will dramatically increase Plasticon's production capacity to $20 million in manufacturing and sales annually for this facility alone. As part of the terms of the agreement, senior management at Pro Mold, Inc. will be retained.