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Brownstone Energy Inc. is exploring for oil and gas in two of the world’s most exciting regions: Colombia and offshore Israel. The company’s first Colombian well (25% WI) was highly successful, testing at 3,900 b/d (production should be approximately 2,000 b/d). Offshore Israel blocks are close to Noble’s huge Tamar and Leviathan discoveries. Brownstone plans to drill an additional five wells in Colombia and two in offshore Israel through early 2012.
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Challenger Deep Resources Corp. is a TSX Venture listed mineral exploration and development company focused on developing its Indonesian coal business starting with its newly acquired Tabang Coal Project located in the Mahakam river basin in East Kalimantan, Indonesia.
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3P is an emerging exploration and development company focused on advancing proven undeveloped natural gas, oil and Coal Bed Methane ("CBM") reserves in the Ukraine. In the Donets Basin, it has a farm in agreement on 5 CBM licenses totalling 512 km2. 3P is also fully funded to close the pending acquisition of Tysagaz, which would provide the company with immediate cash flow and proven reserves from 4 gas licenses in Western Ukraine.
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Prospero Silver Corp. is exploring for silver, gold and copper in Mexico. Share structure is excellent and most properties under active exploration host past-producing mines. Management team and board are highly experienced in exploration and production at small- and large-cap companies; substantial insider shareholding percentage. Strong exploration results to date.
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Mooncor is an exploration and development company concentrating on high-impact, domestic oil and gas projects. Its main focus is the 103,000 acre liquids-rich Muskwa/Duvernay shale gas project at Hamburg, Alberta (NI 51-101 compliant report outlines Contingent + Prospective resources of up to 10.57 trillion cubic feet of gas in place, and up to 2.57 trillion cubic feet of recoverable gas). The high liquids content makes for very appealing project economics.
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Western Pacific is a well-managed junior resource company focused on acquiring and drilling quality gold projects in the Western United States---one of the most mining-friendly jurisdictions around the globe. Upside for shareholders lies in the prospect of discovering a multimillion-ounce gold deposit at one or both of the core assets, Mineral Gulch in Idaho and South Lida in Nevada. Risk for shareholders is mitigated through the JV model.
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Iron Creek Capital Corp. is exploring a huge (>85,000 ha) land portfolio on two of Chile’s most prolific mineral belts. Some of the properties scheduled for drilling in the second half of 2011 lie along the same fault zones as, and in reasonable proximity to, major operating gold/silver mines and copper mines. Management is very strong; decades of experience in South America and large discoveries/transactions to its collective credit.
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Abzu Gold Ltd. is exploring for precious metals in mine friendly Ghana, Africa's 2nd largest gold producer. The company features proven management with extensive gold exploration and discovery expertise. Abzu is aggressively exploring a large strategic land position with concessions along strike or near Keegan's 4.9 million ounce Esaase deposit (within 8km) and PMI's >1 million ounce Obotan project. Abzu recently optioned 10 Red Back Ghanaian concessions from mining giant Kinross.
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MAG Silver Corp is a silver exploration company engaged in the se arch for world class, high-grade silver deposits on a district scale, its current focus being projects within the Mexican Silver Belt. MAG has reported significant intercepts at both its Juanicipio and Batopilas projects.
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