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Golden Share Mining Corp.

Publié le 04 février 2010

Acquires Lutetium Ree Property in Central Quebec, Canada

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Mots clés associés :   Canada | Lanthanum |

Marketwire

 
 
Golden Share Mining Corporation
TSX VENTURE: GSH
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February 4, 2010
Golden Share Acquires Lutetium Ree Property in Central Quebec, Canada
MONTREAL, QUEBEC--(Marketwire - Feb. 4, 2010) - Golden Share Mining Corporation (TSX VENTURE:GSH) is pleased to announce the acquisition by map staking of the Lutetium Property, located in central Quebec, Canada.

The property, located in the Maniwaki area, consists in 23 claims for a total surface area of 13.7 km2 and is directly accessible by road. See attached figure.1: http://media3.marketwire.com/docs/Golden_Share_figure1_0204.pdf

REE mineralization is reported over an area of 1,000 m by 300 m with grades of up to 1.32% Total Rare Earth Elements ("TREE") obtained from historical surface sampling with individual assays showing the presence of several important heavy rare metals ("HREE"). See attached figure.2: http://media3.marketwire.com/docs/Golden_Share_figure2_0204.pdf

Lutetium, reportedly the highest price REE, is reported with grades of up to 87.6 ppm (g/t). Lutetium is used in some nuclear applications, in experimental nuclear medicine and also as a catalyst for cracking hydrocarbon chains in petroleum refineries. Samarium, which is increasingly used for high power magnets, is reported with grades up to 618 ppm (g/t).

Reported assays for other HREE include Terbium (Tb - 70 ppm (g/t)) and Ytterbium (Yb - 531 ppm (g/t)) while reported LREE include Cerium (Ce - 7 550 ppm (g/t)) and Lanthanum (La - 4 330 ppm (g/t)).

The REE occurrence is located at the contact between metasediments and migmatites, a geological environment favourable for the concentration of pegmatites and the deposition of REE. Several syenite intrusive bodies have been identified in the vicinity of the Lutetium property and, given the enrichment of peralcaline syenites in HREE, these syenites could act as reservoirs for REE.

Philippe Giaro, President and CEO, stated "The Lutetium property attracted our attention during an extensive geological review of Quebec conducted in the fall of 2009. We believe that given the presence of HREE and current market trends this acquisition adds value to our portfolio for a minimal cost. While Golden Share intends to provide its shareholders with special opportunities when justified, the Company remains focused on its core business which consists in the development of its gold properties through the delineation of gold resources on its Forsan and Pistol Lake projects and the continued exploration of its Malatric Lakeshore and Elwood projects."

Mapping and sampling work will be executed on the Lutetium property as soon as weather permits. In the shorter term, and as announced by press release on January 12th, Golden Share is currently executing a NI 43-101 compliant resource calculation on the JF West Zone of the Pistol Lake gold project which is expected to be finalized by March 2010.

Philippe Giaro, P. Geo., President and CEO of Golden Share Mining Corporation and Qualified Person for Golden Share, has reviewed and approved the content of this release.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

CONTACT INFORMATION:

Golden Share Mining Corporation
Philippe Giaro, President & CEO
32-473-52-30-29
phgiaro@skynet.be

or

Golden Share Mining Corporation
Denis Tremblay, Vice-President
1-514-866-4224
info@goldenshare.ca
www.goldenshare.ca

or

CHF Investor Relations
Alison Tullis, Senior Account Manager
1-416-868-1079 x233
alison@chfir.com

INDUSTRY: Manufacturing and Production - Mining and Metals

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Golden Share Mining Corp.

EXPLORATEUR
CODE : GSH.V
ISIN : CA38118X1069
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Golden Share Mining est une société d’exploration minière d'or basée au Canada.

Golden Share Mining détient divers projets d'exploration au Canada.

Ses principaux projets en exploration sont MALARTIC LAKESHORE, FORSAN, LAC FORTUNE et PISTOL LAKE PROPERTY au Canada.

Golden Share Mining est cotée au Canada. Sa capitalisation boursière aujourd'hui est 1,8 millions CA$ (1,4 millions US$, 1,3 millions €).

La valeur de son action a atteint son plus haut niveau récent le 01 avril 2011 à 1,30 CA$, et son plus bas niveau récent le 19 mars 2020 à 0,03 CA$.

Golden Share Mining possède 35 440 000 actions en circulation.

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Rapports annuels de Golden Share Mining Corp.
2007 Annual report
Financements de Golden Share Mining Corp.
19/10/2012Amends Terms of Warrants
27/04/2011Closes $200,200 Flow-Through Financing
Projets de Golden Share Mining Corp.
13/08/2013(Berens River)Initiates Diamond Drilling at Berens River
13/03/2013(Berens River)Receives Ontario Exploration Permits for Berens River and Sh...
28/11/2011Lake Shore Gold Completes Sale of Land to Golden Share Minin...
13/07/2011Provides an Update on its Shebandowan Gold Project Summer Wo...
28/06/2011Shareholders Approve Band Ore Gold Property Purchase from
25/05/2011(Berens River)Golden Share Compilation Shows 10.16 g/t Au Over 10.50 m Ope...
12/05/2011(Malartic Lakeshore)Hits a 17 m Quartz Bearing Shear Zone in Malartic Lakeshore ...
14/04/2011(Malartic Lakeshore)Plans Drilling on Malartic Lakeshore for Third Week of April
06/04/2011(Elwood)IP Survey Defines Drill Targets on Elwood in Shebandowan Bel...
27/07/2010(Forsan)Drilling Campaign Underway
04/05/2010(Pistol Lake Property)Provides a First NI 43-101 Compliant Resource Estimate on Pi...
20/01/2010(Malartic Lakeshore)Intersects 88 m of Altered Felsic Intrusives With Grades Up ...
12/01/2010(Pistol Lake Property)Intersects Major Deformation Zone in Fall 2009 Drill Campaig...
25/11/2009(Forsan)Provides its First 43-101 Resource Estimate on Forsan
05/11/2009(Malartic Lakeshore)Starts Drilling on Malartic Lakeshore
23/09/2009(Malartic Lakeshore)IP Survey Defines Drill Targets at Depth on Malartic
15/09/2009(Lac Fortune)Update on Lac Fortune West, Richmont to Restart Production
27/05/2009(Pistol Lake Property)Historical Data Outlines Gold Mineralization Over 1 Km2
13/05/2009(Forsan)DRILLS UP TO 56.86 G/T AU OVER 4.00 M ON FORSAN PROPERTY
13/05/2009(Forsan)Drills Up to 56.86 g/t Au Over 4.00 m on Forsan Property
04/02/2009(Malartic Lakeshore)Intersects Additional High Grades of Up to 15=2E27 g/t Au in...
18/12/2008(Pistol Lake Property) Intersects Contact Zone in Pistol Lake Drilling Program
05/06/2008(Elwood)GOLDEN SHARE IDENTIFIES 14 IP ANOMALIES WITH SURFACE GRADES ...
Communiqués de Presse de Golden Share Mining Corp.
26/04/2016Golden Share Increases Interest to 75% On Berens River Mine ...
22/12/2015Golden Share Provides Additional information regarding sale ...
24/11/2015Golden Share Announces the Service Agreement with Canada Chr...
23/11/2015Golden Share Announces Selling of Quebec Properties and Issu...
16/10/2015Golden Share Announces TSX Accepted $120,000 Hard Cash Priva...
06/10/2015Golden Share Announces Closing of $120,000 Hard Cash Private...
30/09/2015Golden Share Announces Private Placement
12/08/2015Golden Share Announces TSX Venture Exchange Approval for Sha...
07/08/2015Golden Share Announces 2015 Shareholders' Meeting Results
31/07/2015Golden Share Announces a Share Consolidation
17/06/2015Golden Share Terminated Option Agreement and Announces Annua...
17/02/2015Golden Share Amends Terms of Option Agreement
14/01/2015Golden Share President and CEO Resigns, Board Appoints Dr. Z...
14/10/2014Golden Share Refines Alteration Envelopes for Gold Mineraliz...
09/10/2014Golden Share Issues Second Royalty Payment for Pistol Lake, ...
20/08/2014Golden Share Samples Up To 38.5 G/T Gold And 497.0 G/T Silve...
23/07/2014Golden Share Staking Joins Berens North and South Blocks
10/07/2014Golden Share Combines Geoscientific Approach and Field Prosp...
27/05/2014Monster Lake Drilling cuts 10.47 M Grading 11.55 G/T Gold Ad...
21/05/2014Golden Share Announces the Closing of $400,000 Hard Cash Pri...
12/05/2014Golden Share Acquires the Canadian Assets of Greatore Inc.
10/04/2014Golden Share Acquires Monster Island Directly Adjacent to Ia...
27/08/2013Provides a General Update on High Grade Zinc Pick Lake Proje...
30/07/2013Beijing Donia Resources Co., Ltd. Announces the Acquisition ...
25/07/2013Obtains Shareholder Approval for Merger With Silvore Fox at ...
25/07/2013Obtains Shareholder Approval for Merger With Silvore Fox at ...
10/07/2013Files Documentation for Merger and Mails July 25, 2013 Speci...
30/05/2013Signs Merger Agreement With Silvore Fox With Support of Chin...
02/04/2013Provides Update on North Shebandowan Contact Zone
20/02/2013Provides an Update and Outlook for 2013
08/02/2013Amends Terms of Favourable Lake Gold Option Agreement
04/02/2013Amends Terms of Conacher Option Agreement
03/01/2013Amends Terms of Option Agreement
07/11/2012(Lac Fortune)Sells Lac Fortune West Project to Vantex Resources
01/11/2012VSA Capital Initiates Coverage on Golden Share
25/10/2012Samples up to 2.24 g/t Au in New Shear on Larose
19/09/2012Grants Stock Options
13/09/2012Samples Up to 26.40 g/t Au in Shebandowan Summer Program
14/06/2011Signs Definitive Purchase Agreement With Lake Shore Gold Cor...
18/05/2011Stakes an Additional 7 km West Along Pistol Lake-Band Ore Tr...
01/04/2011(Band Ore)Lake Shore Gold to Acquire 19.99% of Golden Share Through Sa...
08/03/2011Acquires Conacher Property East of Pistol Lake in Shebandowa...
11/02/2011Announces the Departure of a Director
25/05/2010Provides an Update on Its Spring 2010 Exploration Program
01/04/2010Acquires Property Near Eagle Hi =?ISO-8859-1?Q?ll=27s=20Find...
04/02/2010Acquires Lutetium Ree Property in Central Quebec, Canada
22/10/2009Recovers 25=2E50 g/t Au on Surface and Completes Pistol Lake...
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