NEW YORK, April 7, 2008 (PRIME NEWSWIRE) -- Wall Street Reporter has posted exclusive video interviews with executives from IGC Resources Inc. (TSX-V:IGC), Unigold Inc. (TSX-V:UGD), and Carlisle Goldfields Ltd. (TSX:CGJ), giving investors a closer look at their known gold resources and strong exploration potential.
All three interviews, along with additional content recorded in Toronto at the 2008 Prospectors & Developers Association of Canada convention, can be viewed or downloaded at www.WallStreetReporter.com.
IGC Resources Inc. (TSX-V:IGC) came to Australia in 2005 and promptly picked up the 240,000-ounce Blackburn gold asset. "We think the project's going to grow," says CEO Dave Holden. "We are looking forward to upgrading our resource."
Highlights of the interview:
-- More detail on drilling activity at Blackburn on the way toward
a prospective resource upgrade and pre-feasibility work by the
end of 2008.
-- An overview of additional Australian projects as well as
activities in southern and eastern Africa.
-- Why the company's exposure to uranium and coal in particular
gives it a "very strong position in the energy sector in Africa."
Thanks to strong backing from Saudi investment firm Shairco, Unigold Inc. (TSX-V:UGD) is "totally different from all the juniors," COO Daniel Danis tells WSR. The company's property holdings in the Dominican Republic offer high grades, multiple development targets, and a unique tax situation.
Highlights of the interview:
-- An appraisal of Shairco's long-term interest in the company.
"They definitely don't want to be diluted."
-- The profusion of relatively high-grade (over 0.5 gram per ton)
targets on UGD ground.
-- Background on how the company can operate free from corporate
and sales taxes, and even import duties.
Carlisle Goldfields Ltd. (TSX:CGJ) is drilling a historic asset in Ontario's greenstone belt with an eye toward generating a "very robust" increase on an existing resource of around 225,000 ounces of gold, says Stephen Mlot, the company's president.
Highlights of the interview:
-- An overview of the site's track record as a producing property
with "a lot" of infrastructure still intact.
-- Mr. Mlot's estimate of the likelihood that ongoing drilling
will allow the company to release a new resource estimate in the
near future with an eye toward near-term production.
-- Notes on additional properties.
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About IGC Resources Inc.
IGC Resources Inc.'s principal business activities are the exploration, development, and mining of gold copper projects in Australia and Africa while continuing to investigate other mineral resource prospects for potential acquisition globally.
About Unigold Inc.
Unigold Inc. is a Canadian public company whose principal activity is to explore, discover, and develop gold deposits on its 100%-owned 226 square kilometers of high-potential property in the Dominican Republic.
About Carlisle Goldfields Ltd.
Carlisle Goldfields Ltd., a Canadian-based gold exploration and development company, is the owner of a 20,000-hectare land position in the Lynn Lake Greenstone Belt of Manitoba where the MacLellan mine produced roughly 144,000 ounces of gold and 432,000 ounces of silver between 1986 and 1989.