NEW YORK, Feb. 13, 2008 (PRIME NEWSWIRE) -- All value in the mineral exploration business is ultimately created through the drill bit, and Wall Street Reporter has recently conducted exclusive video interviews with three companies -- AuEx Ventures Inc. (TSX-V:XAU), Queensland Minerals Ltd. (TSX-V:QML), and Trade Winds Ventures Inc. (TSX-V:TWD) -- that, among others, are generating exactly that kind of value.
Investors can watch or download all three interviews, along with a rich library of additional content recorded at the 2008 Vancouver Resource Investment Conference, at www. WallStreetReporter.com.
AuEx Ventures Inc. (TSX-V:XAU) is seeing "very exciting" results of 0.28 ounces of gold oxide per ton from its West Pequop property in Nevada, says Ronald L. Parratt, the company's president: "That would be a very exciting intercept anywhere, but especially because this is the first drill hole on this new target."
Highlights of the interview:
- How XAU's non-dilutive "project generator" approach has translated into a portfolio of 18 projects, 10 of which currently have joint venture partners. - A tour of some of the most exciting aspects of the company's 80,000-acre land position, including West Pequop and other Nevada holdings. - The odds that at least one deposit, which recently weighed in at 0.39 ounces of gold per ton, will be "very" economical to mine if additional drilling reveals more ore.
Queensland Minerals Ltd. (TSX-V:QML) has scored its first drilling success and "we've decided to go ahead and hit these targets hard," explains CEO James Crombie. "We've made what we think will turn out to be a substantial copper discovery."
Highlights of the interview:
- More detail on the company's strike in the historically rich Australian state of Queensland. "It's easily ore grade, and in fact it's high grade." - The significant potential for expansion, given the fact that the known ore body is open in every direction and can go to depth. - Plans to spend the year "just getting on and hitting these projects hard" through additional drilling.
Trade Winds Ventures Inc. (TSX-V:TWD) will be drilling this summer to finish earning its 60% stake in an Ontario gold project similar to Gold Corp.'s Red Lake mine, notes CEO Ian Lambert. "We really want to understand the structure in this project."
Highlights of the interview:
- The high grades (of up to 200 grams of gold per ton) previously indicated on the project, as well as updates on several other properties. - The decision to spin out the company's Chinese mineral assets into a separate IPO, "probably mid-year." - Why institutional investors have demonstrated their support for the company's strategy and asset base. "That's probably the best indicator to us as management that we're doing good things."
Wall Street Reporter (Est. 1843) is the premier source of investment information on global public companies in high-growth sectors. Through its magazines, special reports, website, and conferences, WSR presents unique opportunities for discovering stocks before they appear on the radar of Wall Street. Visitors to its website, www.wallstreetreporter.com, can listen to and view exclusive audio and video from an extensive library of CEO interviews, analyst roundtables, and conference webcast presentations, as well as subscribe to WSR's "Smart Money Alert" -- a weekly update of stock picks and timely market insights from top analysts and stock gurus.
About AuEx Ventures Inc.
AuEx Ventures is a precious metals exploration company that has a current portfolio of eighteen exploration projects in Nevada, one project in Spain and a generative exploration program in Argentina. AuEx controls over 80,000 acres of unpatented claims and fee land.
About Queensland Minerals Ltd.
Queensland Minerals Ltd. is a newly formed gold exploration company listed on the TSX Venture Exchange. As a private company, Queensland acquired and carried out initial exploration on a portfolio of projects located in the state of Queensland in Eastern Australia.
About Trade Winds Ventures Inc.
Trade Winds Ventures Inc. is a well-funded Canadian based public company listed on the TSX Venture Exchange. The company's primary focus is to enhance shareholder value by identifying, exploring, and developing world-class gold projects in Canada.
Forward-Looking Statements
Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.