Greedy Humpty Dumpty (old cartoon public domain)
Black Hawk Mining Articles | Black Hawk Mines: Small town suffers …
May 5th, 2012Posted in Information | No Comments »
Torex Announces Measured and Indicated Resource of 4.8 Million …
May 5th, 2012TORONTO, ONTARIO–(Marketwire – May 4, 2012) - Torex Gold Resources Inc. (the “Company” or “Torex”) (TSX:TXG) is pleased to announce an updated National Instrument (“NI”) 43-101 compliant measured and indicated mineral resource estimate (“M & I”) of 4.8 million ounces of gold at its 100% owned Morelos Gold Project in Mexico.
“We are very pleased to be within a whisker of our M & I resource target of 5 million ounces of gold at the two known Morelos gold deposits north of the Balsas River. These very positive results will allow us to finalize our plans for the mine and 14,000 tonnes per day mill, and complete a feasibility study by the end of July 2012. In addition, we can now concentrate the majority of our future drilling efforts on exploration targets south and north of the Balsas River in the search for additional gold deposits,” said Fred Stanford, President and CEO of Torex.
The table below summarizes the estimated tonnes, grade, and contained ounces.
Morelos Mineral Resource Estimate at a 0.5 g/t Au Cutoff Grade. Effective date is 4 May, 2012. E. Orbock, RM SME, and M. Hertel, RM SME, Qualified Persons
| Deposit | Resource Category |
Tonnes (Mt) |
Gold Grade (g/t) |
Gold Ounces (000′s) |
Silver Grade (g/t) |
Silver Ounces (000′s) |
| Measured | 6.1 | 3.29 | 643 | 4.07 | 795 | |
| El Limon | Indicated | 26.0 | 2.98 | 2,492 | 6.35 | 5,313 |
| Sub Total M&I | 32.1 | 3.04 | 3,135 | 5.92 | 6,108 | |
| Measured | 4.3 | 3.11 | 431 | 3.86 | 535 | |
| Guajes | Indicated | 17.4 | 2.25 | 1,258 | 3.11 | 1,736 |
| Sub-total M&I | 21.7 | 2.42 | 1,689 | 3.26 | 2,270 | |
| Total M&I | 53.8 | 2.79 | 4,824 | 4.84 | 8,379 | |
| El Limon | Inferred | 8.3 | 2.0 | 543 | 4.7 | 1,255 |
| Guajes | Inferred | 2.5 | 1.0 | 77 | 1.7 | 135 |
| Total Inferred | 10.7 | 2.0 | 620 | 4.0 | 1,390 |
| Notes to accompany Mineral Resource table | |
| 1. | Mineral Resources are not Mineral Reserves until they have demonstrated economic viability |
| 2. | Mineral Resources are reported above a 0.5 g/t Au cut-off grade |
| 3. | Mineral Resources are reported as undiluted; gold grades are contained grades |
| 4. | Mineral Resources are reported within a conceptual open pit shell |
| 5. | Mineral Resources were developed in accordance with CIM (2010) guidelines |
| 6. | Mineral Resources are reported using a long-term gold price of US$1400/oz and silver price of US$26/oz |
| 7. | Mining costs used is US$1.65 per tonne and processing costs at US$11.51 per tonne. General and administrative costs were estimated at US0.98$ per tonne. |
| 8. | Gold recoveries are dependent on grade and rock type and range from 38% to 93%. |
| 9. | Silver metallurgical recoveries by rock type range from 21% to 47%. |
| 10. | Assumed pit slope angles range from 32 to 51º |
The resources estimates used a $1400 / oz Au pit shell and a cut-off grade of 0.5 g/t Au. The previous gold resource estimates for the Morelos Gold Project that were announced in Oct. 2009, used an $865 / oz Au pit shell and a cut-off grade of 0.9 g/t Au. To confirm the density values used to support mineral resource estimation, the expanded deposits area was subjected to additional specific gravity determinations. The overall effect of the changes in the resulting specific gravity used in estimation of the tonnages of the deposits was to reduce the overall gold ounces estimated by 4.9%. This result will be factored into the upcoming feasibility study.
The table below illustrates the sensitivity of the mineral resource estimate to changes in cut-off grade. The base case at a cut-off grade of 0.5 g/t Au is highlighted. The table shows that the mineral resource estimate is not particularly sensitive to cut-off grade.
Sensitivity of Morelos Mineral Resource Estimate to Cut-off Grade Based on Open Pit Mining. Effective date is 4 May, 2012. E. Orbock, RM SME, and M. Hertel, RM SME, Qualified Persons
| Cut-off Grade (g/t) |
Category | Tonnes | Grade (g/t) |
Ounces (gold) |
| 0.4 | Meas. & Ind. | 56.9 | 2.66 | 4,869,000 |
| 0.5 | Meas. & Ind. | 53.8 | 2.79 | 4,824,000 |
| 0.6 | Meas. & Ind. | 51.5 | 2.89 | 4,783,000 |
| 0.7 | Meas. & Ind. | 49.4 | 2.98 | 4,740,000 |
| 0.8 | Meas. & Ind. | 47.1 | 3.09 | 4,684,000 |
| 0.9 | Meas. & Ind. | 44.7 | 3.22 | 4,617,000 |
The new mineral resource estimates set out above have been prepared by AMEC E&C Services Inc. (AMEC), of Sparks, Nevada. Torex will file a NI 43-101 Technical Report on SEDAR within 45 days of this announcement.
Mineral Resource Estimate Methodology
Within the Morelos project 1,206 drill holes (187,943) meters support the mineral resource estimate. Mineralized domains were established by interpretation of geological, structural and assay information on cross sections, long sections and plan. Interpretations were reconciled to create the mineralized domains. Assays within each domain were composited into 3.5 meter lengths for estimation of grade to 7 meter cubic blocks. Search distances were established using variograms for each domain. Range of influence of high grade outlier composites within each domain were restricted and capped. Gold composites within the high grade skarn domain were capped between 30 to 35 gpt Au outside of the 17.5 meter range of influence, to 15 to 25 gpt Au within the skarn domain and 7.5 Au gpt outside of the skarn domain. Silver composites were capped at 80 gpt Ag within the skarn domain and 40 gpt Ag outside of the skarn domain. Ordinary Kriging was used to interpolate gold and silver grades. MineSight® a commercially available geologic modeling and mine planning software package, was used to produce a three dimensional block model. Specific Gravity (SG) was assigned by rock type and mineralization. SG was determined from wax density calculations completed in 2012. Resources are reported within a Lerchs-Grossmann (L-G) optimized shell using a $1400 US dollar gold price and a $26 US dollar silver price per ounce. The L-G shell is implemented as a test for reasonable prospect of economic extraction and uses current operating and mining cost, recoveries, and pit slopes by sector to produce a conceptual open pit shell. The L-G was run using Datamine® NPV Scheduler 4, a commercially available open pit mine planning and optimization software package.
Qualified Persons
The Mineral Resource estimates were prepared in accordance with the 2010 CIM Definition Standards for Mineral Resources and Mineral Reserves as incorporated by reference in National Instrument 43-101 of the Canadian Securities Administrators. The AMEC Qualified Persons for the estimates are Mr Mark Hertel, RM SME for Guajes and Mr. Edward J.C. Orbock III, RM SME for El Limon. Mr Hertel and Mr Orbock have verified the data in the news release that pertain to the mineral resource estimates.
At the Morelos Gold Project, all of the analytical work is performed by SGS de Mexico S.A. de C.V. (“SGS”) in Mexico. Sample preparation is done at a dedicated sample preparation laboratory operated by SGS at the project site in Nuevo Balsas, Guerrero, Mexico. The Au analyses (fire assay with an atomic absorption or gravimetric finish) and multi-element geochemical analyses are completed by SGS at their analytical facilities in Durango, Durango, Mexico. Torex has a Quality Assurance/Quality Control (“QA/QC”) program in place that includes 5% each of the Certified Reference Materials, blanks, field duplicates and preparation duplicates. The QA/QC program as designed has been approved by AMEC E&C Services, Inc. and is overseen by Alejandro Kakarieka, Vice President of Exploration for Torex. The Company follows strict QA/QC protocol measures in keeping with industry standards and regulatory reporting requirements.
Mr. Jerry E. Snider, B.Sc. Mining Engineering, MBA, Project Manager of Torex, is the Qualified Person who has reviewed this news release, and is responsible for the technical information reported herein, including verification of the data disclosed, the sampling, analytical and test data underlying the technical information.
Torex Gold Resources Inc. is a well funded, growth-oriented, Canadian mining company engaged in the exploration and development of precious metal resources with a focus on gold. It owns 100% of the Morelos Gold Project, an advanced stage gold exploration property, located 180km southwest of Mexico City in the highly prospective Morelos Gold Belt. The project covers an area of 29,000ha of which more than 75% remains unexplored.
CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS
This press release contains “forward-looking statements” and “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, information with respect to the updated mineral resource estimate concerning the Morelos Gold Project, the anticipated timing for the completion of an updated technical report on the project (the “Report”), and the anticipated final findings to be contained therein. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects”, “estimates”, “intends”, “anticipates” or “believes” or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might”, or “will be taken”, “occur”, or “be achieved”. Forward-looking information is based on the reasonable assumptions, estimates, analysis and opinions of management made at the date that such statements are made. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including assumptions and qualifications to be set forth in the Report, the timing of finalization of the Report, and other risk factors disclosed elsewhere in the Company’s public disclosure. Accordingly, readers should not place undue reliance on forward-looking information. The forward-looking information contained herein is presented for the purposes of assisting investors in understanding the Company’s expected financial and operating performance and the Company’s plans and objectives and may not be appropriate for other purposes. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
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100% PUBLIC DOMAIN Song: "Aura Lee"
May 2nd, 2012Our Leading Singer ANDY RAWN in an artful rendition of the old favorite folk song AURA LEE ~ the forerunner to Elvis’s smash hit. For Concert BOOKINGS: AmericanSongwriters@yahoo.com (310) 459-2326
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Amazon selling public domain biography for $2.99 | TeleRead …
April 29th, 2012By Paul Biba

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This is a real problem for Amazon, the solution to which must be very difficult, if not impossible, to devise. Buyers are just going to have to be vigilant. The saying caveat emptor is still valid – at least in the ebook world. The following from an email sent to me by Marc D’Hooghe.
The Life of Muhammad, by E. Dinet and Sliman Ben Ibrahim, is being sold by Amazon in a Kindle edition for $2.99.
On the other hand, the same book is available from Project Gutenberg for free.
I wonder how many people get suckered by this type of thing.
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David Morgan of Silver-Investor.com to attend the upcoming …
April 29th, 2012Liberty Coin & Precious Metals is pleased to announce that they will be hosting David Morgan of the silver-investor.com for an exclusive lecture titled, “Silver, the single greatest investment of the last 100 years” at the upcoming Money Show in Las Vegas, Nevada.
Las Vegas, NV (PRWEB) April 28, 2012
Get the knowledge needed to make the single greatest investment of the last 100 years!
The most unnoticed investment opportunity of the decade is about to be revealed for the audience attending the upcoming MoneyShow at Caesars Palace in Las Vegas, NV this coming May 14th-17th. Liberty Coin & Precious Metals will be hosting David Morgan for a lecture titled, “Silver, the single greatest investment of the last 100 hundred years”. This is a great time to listen to all the reasons to buy silver before it has its next bullish move upwards.
Seduced by silver at the tender age of 11, David Morgan started investing in the stock market while still a teenager. A precious metals aficionado armed with degrees in finance and economics as well as engineering, he created the Silver-Investor.com website and originated The Morgan Report, a monthly that covers economic news, overall financial health of the global economy, currency problems ahead and reasons for investing in precious metals.
David considers himself a big-picture macroeconomist whose main job as education—educating people about honest money and the benefits of a sound financial system—and his second job as teaching people to be patient and have conviction in their investment holdings. A dynamic, much-in-demand speaker all over the globe, David’s educational mission also makes him a prolific author having penned “Get the Skinny on Silver Investing” available as an e-book or through Amazon.com. As publisher of The Morgan Report, he has appeared on CNBC, Fox Business, and BNN in Canada. He has been interviewed by The Wall Street Journal, Futures Magazine, The Gold Report and numerous other publications.
Additionally, he provides the public a tremendous amount of information by radio and writes often in the public domain. You are encouraged to sign up for his free publication which starts you off with the Ten Rules of Silver Investing where he was published almost a decade ago after being recognized as one of the top authorities in the arena of Silver Investing.
Don’t miss this opportunity to meet David Morgan and the great members of Liberty Coin & Precious Metals. Visit Liberty Coin & Precious Metals or call 1 877 511 COIN for more details
For the original version on PRWeb visit: http://www.prweb.com/releases/prweb2012/4/prweb9453541.htm
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The Imperative to Share Clinical Study Reports: Recommendations …
April 14th, 2012The noxious smell currently wafting over the medical industry in all its guises is beginning to stink as badly as Bhopal.
People like Peter Doshi and Tom Jefferson who are amongst the authors of the paper published below have been banging on about pharma corruption in its many guises for years. Neetu Vashisht and Jacob Puliyel in the Indian Journal of Medical Ethics have just outed the fact that the very polio vaccine itself is causing paralysis and death.
The WHO gets round this by breathtaking semantics, declaring India a polio-free zone by renaming the disease. The WHO is refusing to count the numbers in their multiple thousands destroyed by a form of polio paralysis generated precisely by the polio vaccine itself. This is the same WHO that, prompted by pharma, decided to recalibrate its pandemic criteria thus unleashing Swine Flu hysteria upon the world.
Congratulations to all those authors with the courage to challenge the pharma behemoth, placing their valuable work freely in the public domain.
The Imperative to Share Clinical Study Reports: Recommendations from the Tamiflu Experience. Peter Doshi1*, Tom Jefferson2, Chris Del Mar3. 1 Johns Hopkins University School of Medicine, Baltimore, Maryland, United States of America, 2 The Cochrane Collaboration, Roma, Italy, 3 Centre for Research in Evidence-Based Practice, Bond University, Gold Coast, Australia Citation: Doshi P, Jefferson T, Del Mar C (2012) The Imperative to Share Clinical Study Reports: Recommendations from the Tamiflu Experience. PLoS Med 9(4): e1001201. doi:10.1371/journal.pmed.1001201. http://www.plosmedicine.org/article/info%3Adoi%2F10.1371%2Fjournal.pmed.1001201 Published: April 10, 2012
ONE CLICK EXTRACTS: Summary Points:
Systematic reviews of published randomized clinical trials (RCTs) are considered the gold standard source of synthesized evidence for interventions, but their conclusions are vulnerable to distortion when trial sponsors have strong interests that might benefit from suppressing or promoting selected data.
More reliable evidence synthesis would result from systematic reviewing of clinical study reports—standardized documents representing the most complete record of the planning, execution, and results of clinical trials, which are submitted by industry to government drug regulators.
Unfortunately, industry and regulators have historically treated clinical study reports as confidential documents, impeding additional scrutiny by independent researchers.
We propose clinical study reports become available to such scrutiny, and describe one manufacturer’s unconvincing reasons for refusing to provide us access to full clinical study reports. We challenge industry to either provide open access to clinical study reports or publically defend their current position of RCT data secrecy.
Regulatory approval of new drugs is assumed to reflect a judgment that a medication’s benefits outweigh its harms. Despite this, controversy over approved drugs is common. If sales can be considered a proxy for utility, the controversies surrounding even the most successful drugs (such as blockbuster drugs) seem all the more paradoxical, and have revealed the extent to which the success of many drugs has been driven by sophisticated marketing rather than verifiable evidence [1],[2]. But even among institutions that aim to provide the least biased, objective assessments of a drug’s effects, determining “the truth” can be extremely difficult.
While the WHO recently added Tamiflu to its Essential Medicines list, if FDA is right, the drug’s effectiveness may be no better than aspirin or acetaminophen (paracetemol).
In updating our Cochrane review of neuraminidase inhibitors, we have become convinced that the answer lies in analyzing clinical study reports rather than the traditional published trials appearing in biomedical journals.
There are strong ethical arguments for ensuring that all clinical study reports are publicly accessible. It is the public who take and pay for approved drugs, and therefore the public should have access to complete information about those drugs. We should also not lose sight of the fact that clinical trials are experiments conducted on humans that carry an assumption of contributing to medical knowledge. Non-disclosure of complete trial results undermines the philanthropy of human participants and sets back the pursuit of knowledge.
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Songs » Post » Gold Paved Road
April 14th, 2012There are many resources to search out these public domain songs with the library or online. TEACHER Exactly. You need to do again this, too, to overcome heart the rhythm and timing. These kinds of funny songs may tread on sensitive issues, and it might handle the issue in a manner that isn’t politically correct. You can find each song from old to new on these songs downloading songs. more info at symptomen botkanker: Exactly advantage location of free economical zone and extremelyand veryand intensely liberal legislation system must provoke attracting foreign investments, as investment environment in Georgia is notisn’tjust isn’tis just notshouldn’t be very attractive from thethe actualthe particularinyour variousthe variedthe assorted points of viewperspectivesviewpointsopinions. In contrast, uncertainty and frequency drop downdecrease a tad bit in thewithin theinside the scheme of thingsgeneral general scheme of things. 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Jesse's Café Américain: Gold Daily and Silver Weekly Charts
March 31st, 2012The Banks must be restrained, and the financial system reformed, with balance between individuals and the corporations restored to the economy, before there can be any sustained recovery
Welcome to Jesse’s Café Américain – These are personal observations about the economy and the markets. In providing information, I hope this allows you to make your own decisions in an informed manner, even if it is from learning by my mistakes, which are many. As a standing policy I never provide individual investment advice to anyone. I will only occasionally disclose my personal positions for purposes of illustration. Understand that my own circumstances could differ greatly from your own, and therefore what is suitable for me may not be suitable for you. My comments are intended to be reflection on general macro financial and economic events and trends.
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Copyright issues and challenges worry musicians on YouTube …
March 31st, 2012Carol Forsloff – Music Publishing Rights Collecting Society is being challenged by YouTube musicians, as concerns about copyrights continue to grip the up-and-coming talents as well as the old hands of music. What used to be accepted practice is now being carefully reviewed in the new culture of everyone’s hand reaching for the pot of gold, and the big boys of the YouTube management not yet forthcoming about what’s up.
Most musicians struggle to make a living, if they are pitching at all. Many sit back waiting for that great discovery of their original music or their remake of someone else’s material. It is the latter that is now being hammered on YouTube, from various angles. It seems that just about everyone has received a notice of some sort from this ghostly group of individuals who declare they will put an ad on the video, on the side, not necessarily taking down the video itself. Instead the group challenges videos and asserts itself as an organization who will be taking money in representation of copyright owners. On the other hand, there is that gray area, that makes folks wonder if this organization represents anything outside of its own interests.
Only recently has Music Publishing Rights Collecting Society put up a Facebook page. A website is also in that early-creation stage where it is difficult to determine who is involved, how and why.
YouTube “ain’t talking,” the disgruntled musicians declare, some of whom have had their instrumentals of Beethoven questioned or even the music they use in games. They ask frequently, “What is left in the public domain if an outside group, or just anyone, makes a claim. It’s a gold rush with a difference. The problem is that musicians don’t harbor that much gold. Even the big guns have to aim higher and higher, taking high-profile ventures, in order to be noticed on the growing stack of wannabes put together with has-beens and the wallflowers waiting to be asked for some time in the dance.
This is what one user responds to the Music Publishing Rights Collecting Society who complains to YouTube about copyright infringement on pieces of music that include Bach and Beethoven: ” The Music Publishing Collecting Rights Society is apparently nothing more than a scam. This so called organization that doesn’t even have a website or mailing address, has attempted to claim rights on everything from music videos to ‘How To Change A Tire’ videos. I’ve won 2 disputes with them without even giving a reason for the dispute. These are simply scammers looking for free advertising.” This statement was made about nine months ago.
While frequent assertions about disclaimers and what to say to avoid a copyright issue have been made around the Internet, YouTube is clear about its terms of service. One cannot upload a song, that includes even covers, if the musician cannot substantiate “fair use.” Fair use allows limited use of music material for specific purposes. One of these is education. Journalists are also allowed to use music to illustrate articles or to do reviews. The rest of the folks have to wonder when the copyright police will show up for an arrest. So far folks say it’s rare, or never happens; but the threats remain.
Statements such as “I don’t own the copyright to this material” essentially red flags a problem to the respective music copyright cops, as the user has already mentioned that the material is copyrighted and is not original. Claiming it is okay because it is a “cover” or an additional rendition of a song done by someone else won’t help you, according to YouTube. Yet YouTube’s customer service is virtually non-existent, as users continue to remind each other. YouTube also makes it easy to use the videos for almost everything by its share button and the ability of the user to snatch a video and place it almost anywhere.
So the rules are getting thick, thick enough to be causing some consternation in the ranks. But who is that Music Publishing Rights Collecting Society? There is no completed website or address out there for the organization presently, at least after some search was done recently of the various conversations around the Internet. And the group often backs off when challenged. It remains a mystery among musicians who wonder what’s next in the ever-changing landscape of what’s fair and what’s not.
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