SILA,Gold American Mining Corp. (OTC BB: SILA.OB)
Gold American Mining Corp. (OTC.BB:SILA) is a publicly traded precious metals exploration company focused on the aggressive, ongoing acquisition and exploration of holdings with rich gold and silver production potential. Based in Reno, Nevada, Gold American has developed a promising portfolio of international properties in regions marked by stable politics, sound economies and friendly business relations.
Gold American Mining Corp. (OTC.BB:SILA) (�Gold American� and/or �the Company�) recently reported additional positive results from its Guadalupe property, located in the heart of the Fresnillo district, Zacatecas, Mexico.
Fieldwork continues to identify additional veins within the property � as such several veins remain without names. To date nine veins have been mapped within the Guadalupe property. In certain locations the width of sampling was limited by the size of the workings and as such the true width of mineralization remains unknown. The highlights from the most recent sampling program are listed below:
-------------------------------------------------------------------------- Sample Location Type Width (m) Au (g/t) Ag (g/t)-------------------------------------------------------------------------- 1703 Centenario Vein Chip 0.6 0.97 282.0-------------------------------------------------------------------------- 1712 San Agustin Vein Chip 1.0 0.25 74.0-------------------------------------------------------------------------- 1718+21 Santa Rosa Vein chip 1.1 0.15 130.2-------------------------------------------------------------------------- including 0.4 0.23 218.0-------------------------------------------------------------------------- 1731 Unnamed Vein Chip 1.3 0.21 172.0-------------------------------------------------------------------------- 1732 Unnamed Vein Chip 1.0 0.40 182.0--------------------------------------------------------------------------Several previously unknown historic shafts were also identified within the property. It is apparent that these shafts were sunk along strike from other workings as there are often no outcrops in the vicinity of the shafts. In these situations the mineralized dumps near those workings were sampled. The key results from those new dumps are listed below:
-------------------------------------------------------------------------- Sample Location Type Width (m) Au (g/t) Ag (g/t)-------------------------------------------------------------------------- 1703 Centenario Vein Chip 0.6 0.97 282.0-------------------------------------------------------------------------- 1712 San Agustin Vein Chip 1.0 0.25 74.0---------------------------------------------------------------------------- Sample Location Type Description Au (g/t) Ag (g/t)---------------------------------------------------------------------------- Sandstone with strong 1701 Unnamed Vein Dump calcite veining 1.41 70.2---------------------------------------------------------------------------- Ryolitic fragments and 1706 Centenario Vein Dump abundant quartz veins < 0.03 138.0---------------------------------------------------------------------------- Quartz veins with strong 1707 Centenario Vein Dump iron oxide 0.09 230.0---------------------------------------------------------------------------- Very oxidized sandstone 1715 San Antonio Vein Dump with calcite veins 1.04 74.0---------------------------------------------------------------------------- Silicified breccia with 1724 Unnamed Vein Dump strong oxides 0.04 93.8----------------------------------------------------------------------------Several exposures/workings that occur immediately off of the property were also sampled. These areas were sampled because the veins are known to continue onto the property, however there are no exposures immediately on the property side of the boundary. The following results are provided for reference only:
---------------------------------------------------------------------------- Sample Location Type Width (m) Au (g/t) Ag (g/t)---------------------------------------------------------------------------- 1709 Marcos de Oro Vein Dump - 0.48 254.0---------------------------------------------------------------------------- 1711 Marcos de Oro Vein Dump - 0.17 132.0---------------------------------------------------------------------------- 1725 San Antonio Vein Chip 0.7 1.63 470.0---------------------------------------------------------------------------- 1726 San Antonio Vein Chip 1.0 0.86 106.0---------------------------------------------------------------------------- 1727 San Antonio Vein Chip 0.6 2.44 22.3----------------------------------------------------------------------------�The fast pace of exploration achieved on the property since we started operations in late April has expanded considerably our knowledge of the property and reaffirmed our intentions to drill its main objectives,� said Johannes Petersen, President of Gold American. �We are very excited with our findings to date. As soon as we receive the final report and maps of the recently completed geophysics campaign we will be able to finalize the design of the drilling program and initiate the permitting process with a view at commencing drilling before the end of the year,� added Mr. Petersen.
ABOUT GOLD AMERICAN MINING CORP.
Gold American Mining Corp. is a publicly traded (OTC.BB:SILA) precious metals exploration company focused on the aggressive, ongoing acquisition and exploration of holdings with rich gold and silver production potential. Based in Reno, Nevada, Gold American has developed a promising portfolio of international properties in regions marked by stable politics, sound economies and friendly business relations.
For more information the Company and its projects, visit Gold American�s website at:www.gold-american.com
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HMS Holdings Corp (NASDAQ:HMSY) recently announced that Bart M. Schwartz has been elected to the Company�s Board of Directors. Mr. Schwartz is an internationally recognized expert in corporate compliance, corporate monitoring and crisis management. He is Chairman of Guidepost Solutions, LLC, a global investigations, intelligence and security company with expertise in designing and managing the installation of physical security and life safety systems for sophisticated facilities and operations.
HMS is the nation�s leader in coordination of benefits and program integrity services for healthcare payors. HMS�s clients include health and human services programs in more than 40 states; commercial programs, including commercial plans, employers, and over 100 Medicaid managed care plans; the Centers for Medicare and Medicaid Services (CMS); and Veterans Administration facilities. As a result of the company�s services, clients recover over $1 billion annually, and save billions of dollars more through the prevention of erroneous payments.
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McAfee, Inc. (NYSE: MFE)
MFE Last Traded Price: $47.03
Intel to Acquire McAfee, Moving Into Online Security
Making one of most eye-catching moves in its 42-year history, Intel announced this morning that it planned to acquire McAfee for $7.68 billion in cash.
Under the terms, Intel will pay $48 a share in cash, a 60 percent premium over McAfee�s Wednesday closing stock price of $29.93.
The deal makes Intel Corp. a major player in the security software and services market. This allows Intel to shed some of its identity as a component supplier, and raise the bar higher up on the the technology chain.
Intel Corp. expects the market for security technology to grow as more electronic gadgets like cars and home appliances increase their computing power and all start connecting to the online Internet world.
Analysts expect that many of the tools that McAfee provides today may be built-in to chips and devices over time.
McAfee
research found that searching for the latest Cameron Diaz pictures and downloads yields a ten percent chance of landing on a website that�s tested positive for online threats, such as spyware, adware, spam, phishing, viruses and other malware.
http://www.mcafee.com
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