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Thursday, February 2, 2012

Lithium



Talison Lithium Announces Preliminary Second Quarter 2012 Sales Volume

Perth, Western Australia, January 12, 2012 – Talison Lithium Limited (“Talison” or the “Company”) (TSX: TLH | US: TLTHF ) today announced its preliminary sales volume and production results for the three months ended December 31, 2011 (“Q2 FY2012”).  The Company also provided an update on its growth projects encompassing its Australian capacity expansion, lithium minerals conversion plant and Salares 7 brine project.
Preliminary Results
Talison sold 75,221 tonnes lithium concentrate during Q2 FY2012 (or approximately 11,200 tonnes lithium carbonate equivalent (“LCE”)). Sales in the quarter were affected by significant congestion at the Port of Bunbury due to berth closures and unplanned Port shutdowns impacting all Port users. This resulted in approximately 38,000 tonnes of Talison’s lithium concentrate sales that were ready at the Port for shipment in early December being delayed into January 2012. These shipments have now departed and will be included in Q3 FY2012 sales. Sales for the 2012 fiscal year are not expected to be affected.

For the six months ended December 31, 2011 Talison sold 155,536 tonnes of lithium concentrate (approximately 23,100 tonnes LCE), a 4% increase compared to the six months ended December 31, 2010.

Q2 FY2012 production was 89,015 tonnes lithium concentrate (approximately 13,200 tonnes LCE), a 7% increase compared to Q2 FY2011.  For the six months ended December 31, 2011, Talison produced 179,723 tonnes of lithium concentrate (approximately 26,700 tonnes LCE), a 9% increase compared to the six months ended December 31, 2010.


Growth Projects
Greenbushes Stage 2 Expansion On Schedule and On Budget
The Stage 2 Expansion at the Greenbushes Lithium Operations continues to proceed on schedule and on budget.  Foundations for the new chemical-grade plant are complete, installation of steel-work is continuing and the conveyer belt to the finished product stockpile is being constructed.
The Company continues to expect commissioning of the Stage 2 Expansion during Q4 FY2012.  Upon completion, the Stage 2 Expansion will double Talison’s current production capacity to approximately 740,000 tonnes per annum lithium concentrate (approximately 110,000 tonnes per annum LCE).
Work on the new chemical-grade plant as part of the Stage 2 Expansion at the Greenbushes Lithium Operations.
Conveyer belt to finished product stockpile being constructed as part of the Stage 2 Expansion at the Greenbushes Lithium Operations
Proposed Minerals Conversion Plant
Responding to growing global demand for an additional secure supply of lithium chemicals, particularly from electric vehicle battery manufacturers, Talison is aggressively pursuing its proposed plant to convert lithium minerals into lithium carbonate (“Minerals Conversion Plant”).
Commencing in early calendar 2012, the next phase of the project includes a detailed engineering study of a 20,000 tonnes per annum lithium carbonate plant located in Western Australia. Talison is targeting commissioning in FY2015 and anticipates making an investment decision on the project by the end of calendar 2012.
Discussions with potential customers for the Minerals Conversion Plant are continuing positively. To accelerate the formation of customer relationships in Japan, Talison recently signed a Memorandum of Understanding with Sojitz Corporation to discuss on a non-exclusive basis collaborative marketing and distribution opportunities of lithium carbonate produced by Talison to customers in Japan.
Greenbushes Resource Development and Salares 7 Project
Talison is accelerating resource definition drilling at the Greenbushes Lithium Operations due to the encouraging progress to date in the development of the Minerals Conversion Plant.
The objective of accelerating the drilling is to increase lithium mineral reserves and extend the mine life at Greenbushes to support future additional expansions of the lithium concentrate processing plants and a potential doubling in capacity of the Minerals Conversion Plant.
Consequently Talison is reallocating resources in H2 FY2012 from the Salares 7 Project to the drilling at Greenbushes. The drilling program at the Salares 7 Project will be deferred and the focus will be on the environmental approvals process. This is not anticipated to affect the overall development timetable for the Salares 7 Project.
Financial Results Release February
Talison will release its financial results for Q2 FY2012 in mid-February, 2012.
Peter Oliver, Chief Executive Officer and Managing Director of Talison will host a conference call to discuss the results.
Teleconference and replay call details will be distributed prior to the release of financial results.
To view the entire press release please visit:
2012-01-25 Talison Lithium Ltd. Press Release
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Wednesday, February 1, 2012

High-Grade Lithium Boulder Field Discovered On International Lithium Corp.'s Rare Metals Blackstairs Project, Ireland

PegmatiteImage by kid_wendy via Flickr
Today 

International Lithium Corp. ("ILC" or the "Company") (ILC:TSXV) is pleased to announce the Company has discovered a high grade lithium, high density pegmatite boulder field on the Company's 100% owned rare metals Blackstairs project ("Property") located 80 kilometres south of Dublin, Ireland.





 




Key Point Summary:

--  High grade pegmatite boulder field discovered in a recently
        exposed area at Moylisha;
    --  Located 500m along trend to the southwest of past pegmatite
        exploration;
    --  4.59%, 3.45% and 3.27% Li2O grab samples collected*; and
    --  Indicates a potentially sizable, yet to be discovered buried
        pegmatite body.


"The high-grade lithium pegmatite boulder field identified at Moylisha significantly reinforces the potential to discover buried pegmatite bodies on the Property," states Mike Sieb, President of the Company. "These results, from a cursory investigation, far exceeded expectations and dramatically raise the directive for further work."

Moylisha Discovery
A preliminary reconnaissance of the Property performed by Aurum Exploration Services, the Company's geo-services consultant for the project, discovered within a 250 x 250 metre area a high density distribution of pegmatite boulders. This area is in a recently harvested section of a tree farm in which the pegmatite boulders were previously hidden from view. Four samples (MOY2-5)* were collected in this new area with three of the samples grading better than 3% Li2O and the highest returning 4.59% Li2O representing greater than a 50% spodumene content.

This newly identified lithium pegmatite boulder area is situated 500m to the southwest and along the district trend from past exploration activities at Moylisha, where five drill holes totalling 212 metres were drilled revealing a pegmatite between 5 and 10 metres in width and a best intersection grading 1.66% Li2O over 9.4m.
The observed high grade lithium bearing pegmatites and extensive boulder occurrence within such a small area represents a highly prospective and unexplored zone along strike from a previously identified pegmatite and specifically indicates a potentially sizable, yet to be discovered buried pegmatite body.
The discovery was made during a preliminary exploration programme that included boulder mapping at six of the known lithium prospects and the initiation of exploration for additional occurrences within the Property. A total of 21 varied samples were collected across the Property and of the 8 spodumene bearing pegmatite samples collected, all returned greater than 1% Li2O. The table below lists the 8 highlighted grab samples.
Table 1: Highlighted Grab Samples*

Prospect     Sample  Li2O%

Moylisha     MOY10   4.74

Moylisha     MOY5    4.59

Moylisha     MOY4    3.45

Moylisha     MOY3    3.27

Moylisha     MOY2    1.21

Aclare House AX10501 3.93

Aclare House AH01    1.71

Stranakelly  AX10502 1.88




*Grab samples are by definition selective and are unlikely to represent average grades on the property.
Grab sample MOY10 was collected in proximity to the past exploration activity at Moylisha.
The 21 samples were analysed at OMAC Laboratories Ltd., Loughrea, Galway County, Ireland. OMAC is part of the ALS Group, a recognized and certified international firm for geochemical analysis and assays. Samples were prepared by OMAC and analysed using ICP-AES following multi-acid digestion.
Blackstairs Project
The Blackstairs project, comprised of eight mineral exploration licences totalling 292 square kilometres, is located 80 km south of Dublin straddling the Counties of Carlow and Wicklow in Leinster, south-east Ireland. The Property encompasses an extensive NE-SW oriented 50 kilometre long rare metals pegmatite belt situated within the East Carlow Deformation Zone along the eastern side of the Leinster Granite. Approximately 19 significant lithium pegmatite occurrences have been discovered within the Property to date primarily as boulder trails with five buried pegmatites known through past trenching and drilling.
Lithium bearing pegmatite occurrences were first reported in the area in 1970. In the period through to 1977, Irish Base Metals carried out a preliminary exploration program comprising prospecting, sampling, trenching and geophysical surveys culminating in 47 short boreholes totalling 2,300 metres at 4 of the 19 lithium pegmatite occurrences over a number of seasons.
Due to the prevalent overburden cover and scarcity of outcrop, prospecting for lithium pegmatite boulders was the most successful exploration method utilised to identify priority target areas. The relative location, size and quantity of pegmatite boulders within the dry stone field boundaries provided a reliable indication for the approximate position of buried pegmatites. The Aclare House occurrence, situated in the center of the Property, has witnessed the most exploration activity on the Property and was initially discovered through this exploration approach.
Thirty-three short drill holes totalling 1,703m were drilled at Aclare House. A pegmatite body up to 20 metres wide and traced for more than 400 metres along strike was delineated and a pre-NI43-101 historical resource of 570,000 tonnes grading 1.5% Li2O was reported. (A Qualified Person has not done sufficient work to classify the historical estimate as current mineral resources, the issuer is not treating the historical estimate as current mineral resources and the historical estimate should not be relied upon.)
Five drill holes, for a total of 163 metres, were drilled at the Stranakelly occurrence situated proximal to the northeast Property boundary. Lithium-bearing pegmatite mineralization was intersected in four of the holes with hole STK3 grading 1.85% Li2O over 5.3 metres.
Five drill holes, for a total of 212 metres, were drilled at the Moylisha occurrence situated approximately 10 kms northeast of Aclare House. The width of the pegmatite body encountered varied between 5 and 10 metres with one hole grading 1.66% Li2O over 9.4 metres.
Four drill holes, for a total of 280 metres, were drilled at the Seskinnamadra occurrence situated approximately 8 kms southwest of Aclare House. The narrow pegmatite intersections reported from the drilling does not explain the significant frequency and size of the lithium pegmatite boulders mapped in the area that suggests a potentially large yet to be discovered buried pegmatite body.
The observed lithium bearing pegmatites and extensive boulder occurrences within the Property represent a highly prospective and underexplored region. In addition, the recent discovery of a high concentration of pegmatite boulders reporting grades exceeding 4% Li2O at Moylisha only serve to highlight the exploration potential of the Property.
John Harrop, P.Geo, is the company's Qualified Person on the project as required under NI 43-101 and has reviewed the technical information contained in this press release.
ABOUT INTERNATIONAL LITHIUM CORP
International Lithium Corp. is an international rare metals mineral exploration company with an outstanding portfolio of projects, strong management ownership, robust financial support and a strategic partner, Jiangxi Ganfeng Lithium Co. Ltd., a leading China based lithium product manufacturer, as a keystone investor.
ILC currently has 9 active rare metals projects, well balanced between lithium brines in Argentina and Nevada and hard-rock pegmatites in Canada and Ireland. The Company's primary focus is the Mariana lithium brine project, a salar or 'salt lake,' covering an expansive 160 square kilometres and strategically encompassing the entire basin. Mariana is located in the renowned South American 'Lithium Belt' centred on the junction of Argentina, Bolivia and Chile that is host to the vast majority of global lithium resources, reserves and production. The Mariana lithium brine project ranks as one of the more prospective salars in the region.
Complementing the Company's lithium brine projects are the rare metals pegmatite properties. The key characteristics shared by the hard-rock rare metals projects are their limited past exploration, excellent accessibility, limited assaying for rare metals, clear potential for additional exploration to add project value and development potential to meet the global technological growth in demand for the rare metals suite of elements.
International Lithium Corp.'s mandate is to increase shareholder value through aggressive advancement of its core projects and to source joint venture partners to expand the scope and diversify risk of its exploration effort.
On behalf of the Board,
Mike SiebPresident – International Lithium Corp.
Neither the 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. Statements in this press release other than purely historical information, historical estimates should not be relied upon, including statements relating to the Company's future plans and objectives or expected results, are forward-looking statements. News release contains certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company's business, including risks inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.
Stock Symbol: ILC:TSXVShares CUSIP: #459820 10 6Warrants Symbol: ILC.WTWarrant CUSIP: #459820 11 4
620 - 650 West Georgia StreetVancouver, British ColumbiaV6B 4N9, Canada Voice: (604) 687-7551Fax: (604) 687-4670 1-800-667-4470E-mail: info@internationallithium.com Website: http://www.internationallithium.com
SOURCE International Lithium Corp.
To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/February2012/01/c8334.html
SOURCE: International Lithium Corp.
http://www.internationallithium.com
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Wednesday, January 25, 2012

Ucore Rare Metals Releases 2011 Bokan Drill Results Pending Augmented Resource Calculation

Ucore Rare Metals Inc.



HALIFAX, NOVA SCOTIA--(Marketwire - Jan. 23, 2012) - Ucore Rare Metals Inc. (TSX VENTURE:UCU)(OTCQX:UURAF) ("Ucore" or "the Company") is pleased to announce finalized assay results from the 2011 drill program at the Bokan-Dotson Ridge rare earth element (REE) project in southeast Alaska. The 2011 drill program produced a total of 10,112 metres of core from 34 diamond drill holes. The data will be used to upgrade the status of the existing National Instrument (NI) 43-101 compliant resources from Inferred to Indicated and to increase the size of the existing mineral resources at Dotson Ridge. Together with the previous Ucore drill programs from 2007 to 2010, the Company has now completed 134 drill holes in total, comprising 19,662 meters of core at the Bokan property.

A map showing the location of the drill holes reported in this press release can be accessed on the Company's website (http://ucore.com/2011drillholes).
The following table summarizes significant intersected values from 27 out of 34 holes completed in 2011.

2011 Assay Drill Core Results

Hole
Depth
From(m)
Depth
to(m)
Width
(m)
LREO
(wt.%)
HREO
(wt.%)
TREO
(wt.%)
HREO/TREO
(%)
LM11-92 151.93 153.72 1.79 0.53 0.52 1.04 50
LM11-92 167.36 171.1 3.08 0.27 0.15 0.42 36
LM11-92 179.27 181.67 2.4 0.32 0.20 0.51 38
LM11-101 154.63 156.65 2.02 0.59 0.20 0.79 25
LM11-103 184.4 186.56 2.16 0.39 0.30 0.69 43
LM11-105 147.55 151.26 3.71 0.62 0.24 0.86 28
LM11-106 189.5 192 2.5 0.48 0.15 0.63 24
LM11-106 296.2 298.7 2.5 0.29 0.19 0.48 40
LM11-107 109.26 113.55 4.29 0.14 0.18 0.32 57
LM11-108 139.65 141.17 1.52 0.31 0.33 0.64 51
LM11-109 153.87 155.72 1.85 0.18 0.23 0.41 56
LM11-110 222.45 226.77 4.32 0.32 0.33 0.80 51
LM11-112 76.42 79.32 2.9 0.58 0.17 0.75 22
LM11-112 121.01 123.26 2.25 0.19 0.28 0.47 60
LM11-112 125.07 131 4.68 0.22 0.16 0.38 42
LM11-113 160.8 161.6 0.8 0.45 0.53 0.97 54
LM11-113 164.03 166.38 2.35 0.41 0.34 0.75 45
LM11-114 156.36 157.05 0.69 0.33 0.24 0.57 42
LM11-114 209.63 210.65 1.02 0.55 1.51 2.06 73
LM11-114 219.81 222.02 2.21 0.56 0.30 0.86 35
LM11-115 142.72 144.66 1.94 0.67 0.51 1.18 43
LM11-115 153.24 154.45 1.21 0.59 0.44 1.03 42
LM11-116 126.24 128.75 2.51 0.52 0.22 0.74 30
LM11-116 132.31 133.76 1.45 0.42 0.11 0.53 21
LM11-116 151.53 156.8 2.79 0.28 0.34 0.62 55
LM11-116 161 162.5 1.5 0.32 0.32 0.64 49
LM11-116 173.9 175.6 1.7 0.46 0.38 0.84 45
LM11-117 217.62 236.55 5.71 0.27 0.37 0.65 58
LM11-117 249.95 255.75 3.85 0.39 0.17 0.56 30
LM11-118 94.98 96.04 1.06 0.63 0.24 0.88 28
LM11-118 144.68 146.77 2.09 0.33 0.23 0.56 41
LM11-119 191.1 193.5 2.4 0.26 0.10 0.36 28
LM11-119 258.74 261.26 2.52 0.29 0.15 0.44 34
LM11-119 268.24 270.5 2.26 0.34 0.15 0.49 32
LM11-120 178 179.93 1.93 0.49 0.26 0.75 35
LM11-121 215.57 217.63 2.06 0.31 0.21 0.52 40
LM11-121 222.46 225.35 2.89 0.43 0.34 0.77 44
LM11-122 55.16 56.5 1.34 0.33 0.30 0.63 47
LM11-122 80.07 82.17 2.1 0.26 0.28 0.54 52
LM11-122 86.12 87.69 1.57 0.41 0.40 0.81 49
LM11-123 82.47 85.69 3.22 0.37 0.32 0.68 46
LM11-123 96.75 99.62 2.87 0.18 0.21 0.40 53
LM11-123 123.07 126.43 3.36 0.62 0.47 1.09 43
LM11-124 112.1 113.81 1.71 0.26 0.19 0.46 43
LM11-124 129.4 132.88 3.48 0.39 0.28 0.67 42
LM11-125 180.83 182.17 1.34 0.29 0.16 0.44 35
LM11-125 184.42 186.69 2.27 0.48 0.56 1.04 53
LM11-125 203.59 205.79 2.2 0.38 0.30 0.68 44
LM11-126 86.52 88.42 1.9 0.99 0.36 1.36 27
LM11-126 96.15 99.54 3.3 0.62 0.28 0.90 31
LM11-127 161.35 162.91 1.56 1.60 1.47 3.07 48
LM11-127 197.78 199.54 1.76 1.37 0.70 2.06 34
LM11-127 228.67 234.23 2.67 0.35 0.16 0.51 31
LM11-128 151.46 161.13 4.94 0.42 0.29 0.71 41
LM11-128 162.84 165.85 3.01 0.56 0.28 0.84 33
LM11-128 175.13 193.88 3.05 0.73 0.32 1.05 31
LM11-129 268.9 271.66 2.76 1.07 0.55 1.62 34
LM11-129 319.94 321.2 1.86 1.57 0.64 2.22 29
  • LREO = Light rare earth elements: La, Ce, Pr, Nd, and Sm as oxide
  • HREO = Heavy rare earth elements: Eu, Gd, Tb, Dy, Ho, Er, Tm, Yb, Lu, and Y as oxide
  • TREO = Total rare earth oxides: LREO + HREO
  • Totals may not equal due to rounding
  • Major contributing rare earth oxides to LREO and TREO: La2O3, Ce2O3, Nd2O3
  • Major contributing rare earth oxides to HREO: Dy2O3, Gd2O3, Y2O3
"The completion and analysis of the 2011 drill program is another significant milestone for Ucore," said Jim McKenzie, President and CEO of the Company. "The 2011 drill program is remarkable for being the most ambitious to date, generating more linear metres of core during one season than in all of the previous drill seasons combined. The sheer size of the 2011 program clearly demonstrates that Ucore is rapidly increasing the scale and intensity of its development activities at Bokan. What's more, the rare earth grades obtained this year surpass all prior years, with several intercepts ranging from 2-3% TREO. The total core volume generated this year has been more than sufficient to upgrade the bulk of the existing resource from Inferred to Indicated under NI 43-101 guidelines, as the Company counts down to the release of a Preliminary Economic Assessment in the near future."

The 2011 exploration program confirmed the integrity and continuity of the Dotson Zone. The zone has a strike length of more than 2,000 metres, with an average width of 50 metres, and contains at least 24 high-grade mineralized veins or vein-arrays. The zone remains open both at depth and on strike. 2011 drill results show that there are multiple wide and high grade intersections within the steeper holes, indicating that the already high grade mineralization is apparently strengthening at depth. The results both reinforce and augment the historical U.S. Bureau of Mines resource estimate and geological model for the area (Warner & Barker; USBM OFR 33-89). The USBM model inferred persistent rare earth mineralization in the subject zone both along the strike and at the depth, in combination with anomalously high ratios of heavy to total rare earth elements.

In addition to standard diamond drilling, the 2011 field program included the generation of numerous bulk surface samples. These bulk samples are serving as input material for plant-scale metallurgical and innovative X-ray transmission ore sorting testwork being conducted at Hazen Research Inc. of Golden Colorado and Commodas Ultrasort of Hamburg Germany, respectively (see Ucore press release "Ucore XRT Testing Shows Prospective Doubling of Mill Feed Grade" Oct 31, 2011). The 2011 field program additionally included comprehensive environmental baseline testing, as well as desktop engineering studies, as a prelude to mine planning and development commencing in 2012. Beyond the central exploration targets at Dotson Ridge, Ucore exploration geologists conducted surface work at several Bokan-area REE occurrences in 2011, using prior USBM studies as a means of generating outbound targets.

NI 43-101 Compliance
The diamond drill core was split on site, with half the core transported by commercial carriers to the Activation Laboratories analytical facility in Stewart, B.C., Canada and analyzed at their labs in Ancaster, Ontario. Check assay samples were submitted to ALS Laboratories in Anchorage, Alaska, USA and analyzed at ALS Laboratories in Vancouver, B.C. Sample containers were sealed and chain of custody was maintained throughout the transport. The QA/QC program included the insertion of certified standards, blanks and duplicates in the submitted sample shipment; and laboratory insertion and analysis of standards and blanks, duplicates and re-splits. Analyses were made by inductively-coupled plasma mass spectrometry with lithium metaborate fusion, reporting whole rock analyses as an additional quality control measure. Reported values are length-weighted averages from multiple samples. All widths reported are core intercepts and do not reflect true width of the mineralized structure. Jim Robinson, P.Geo. (NWT), an independent geologist with Aurora Geosciences, has prepared the technical data relative to the drill assays provided herein and is the qualified person responsible for their accuracy.

Background
Ucore Rare Metals Inc. is a well-funded junior exploration company focused on establishing REE, uranium and other rare metal resources through exploration and property acquisition. With multiple projects across North America, Ucore's primary focus is the 100% owned Bokan - Dotson ridge REE property in Alaska. The Bokan - Dotson ridge REE project is located 60 km southwest of Ketchikan, Alaska and 140 km northwest of Prince Rupert, British Columbia and has direct ocean access to the western seaboard and the Pacific Rim, a significant advantage in expediting mine production and limiting the capital costs associated with mine construction.

The Bokan properties are located in an area reserved for sustainable resource development with an existing road network providing access to the main target areas. REE mineralization at the Bokan-Dotson ridge project occurs in a well-demarcated vein system related to a Mesozoic Bokan peralkaline granitic complex. However, a number of other occurrences of REE mineralization are also located within, or at the margins of the complex. Viewed in a geological and geophysical context, the Bokan complex is a distinctive circular structure and is highly prospective for rare earth deposits.

This press release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future exploration drilling, exploration activities and events or developments that the Company expects, are forward looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include exploitation and exploration successes, continued availability of financing, and general economic, market or business conditions.

Contact Information


Ucore Rare Metals Inc.
Mr. Jim McKenzie
President and Chief Executive Officer
(902) 482-5214
www.ucore.com
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Friday, January 20, 2012

HIV-AIDS Testing Market to Explode to $4.4 Billion by 2016

SOURCE: TriMarkPublications.com
January 11, 2012 13:00 ET



NEW YORK, NY--(Marketwire - Jan 11, 2012) - TriMarkPublications.com cites in its newly published "HIV-AIDS Testing Markets" report that the global HIV-AIDS testing market is forecasted to catapult to $4.4 billion by 2016. For more information, visit: www.trimarkpublications.com/hiv-aids-testing-markets.

HIV-AIDS testing can be categorized into six main modalities: predictive, screening, prognostic, monitoring, pharmacogenomic and theranostic. There are an estimated 33.3 million people living with HIV worldwide and approximately 2.6 million people are newly infected each year. Although the Asian and African regions account for more than 90% of the HIV-infected population, the U.S. and European regions make up greater than 60% of the HIV testing market.

The "HIV-AIDS Testing Markets" report covers:
  • Enzyme-Linked Immunosorbent Assay (ELISA)
  • Antibody/p24 Antigen Test (Fourth-Generation Test)
  • Western Blot Assay
  • Line Immunoassays
  • Indirect Fluorescent Antibody (IFA) Assay
  • Nucleic Acid Tests for Infectious Diseases
  • Emerging Technologies
The "HIV-AIDS Testing Markets" report examines companies manufacturing HIV/AIDS testing equipment and supplies in the world. Companies covered include: Abbott, Alere, Ani, Avioq, Bio-Rad, bioLytical, Biomedical, bioMerieux, Bioner, Chembio, Core, EY, Gen-Probe, Green Cross, Immunoscience, InTec, J Mitra, Maxim, MedMira, Oral Collection Devices, OraSure, Orgenics, Ortho-Clinical, Premier, Qiagen, Qualpro, Roche, Savyon, Shanghai Kehua, Siemens, Span, Standard and Trinity.

Detailed charts with sales forecasts and marketshare data are included. For more information, visit: www.trimarkpublications.com/hiv-aids-testing-markets.

About TriMarkPublications.com
TriMarkPublications.com is a global leader in the biotechnology, healthcare and life sciences market research publishing. For more information, please visit http://www.trimarkpublications.com.
Important Notice
The statements contained in this news release that are forward-looking are based on current expectations that are subject to a number of uncertainties and risks, and actual results may differ materially.

Contact Information


Contact

TriMarkPublications.com
Media Relations
1-888-OK-TRIMARK
www.trimarkpublications.com
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Thursday, January 12, 2012

Brigus Gold Corp Reports Additional High-Grade Gold Assays from the 147 Zone

Wednesday Jan 11, 2012 by Business Wire
 
Brigus Gold Corp. ("Brigus" or the "Company") (NYSE Amex: BRD)(TSX: BRD) is pleased to announce that exploration drilling on the southern portion of the Black Fox Complex continues to return high-grade gold assays from the 147 Zone.
The following table includes highlights from the drill holes reported today from the 147 Zone (all uncut, average gold grades over core length widths):



Hole Number  Core Width    Gold Assay
                  (m)          (gpt)
              ----------    ----------
  GF11-239       5.35          13.72
-----------   ----------    ----------
  including      1.00          45.53
-----------   ----------    ----------
                 5.00          3.15
              ----------    ----------
  GF11-249       3.59          5.14
-----------   ----------    ----------
  including      0.50          13.92
-----------   ----------    ----------
                 18.00         11.89
              ----------    ----------
  including      3.00          3.36
-----------   ----------    ----------
     and         6.00          33.57
-----------   ----------    ----------
     and         3.00          63.54
-----------   ----------    ----------
  GF11-253       12.00         5.39
-----------   ----------    ----------
  including      0.55          46.49
-----------   ----------    ----------
  GF11-263       10.00         8.75
-----------   ----------    ----------
  including      1.00          18.10
-----------   ----------    ----------
     and         5.00          13.12
-----------   ----------    ----------
  GF11-266       11.00         3.52
-----------   ----------    ----------
  including      4.00          7.29
-----------   ----------    ----------
  GF11-280       39.40         4.41
-----------   ----------    ----------
  including      1.00          10.22
-----------   ----------    ----------
     and         16.65         6.55
-----------   ----------    ----------
     and         6.00          11.78
-----------   ----------    ----------
     and         8.00          5.73
-----------   ----------    ----------

"We are very pleased to receive additional high grade drill results over thick intervals," said Howard Bird, Brigus' Vice President of Exploration. "These excellent results expand the 147 Zone and will positively impact the size of the current gold resource."

The independent initial NI 43-101 resource estimate for the 147 and Contact zones, as released in December 2011, added more than 50 percent to the gold resource at the Black Fox Complex. The ongoing drill program continues to successfully increase the size of the gold resource through step-out drilling and is also designed to convert Inferred ounces to Indicated ounces through systematic in-fill drilling. An updated resource estimate will be released mid-year 2012.

The 147 and Contact zones provide Brigus with near term production growth opportunities because of their proximity to the Black Fox mine infrastructure.

Brigus is continuing its exploration program in 2012 through an $8.0 million surface exploration program focused on expanding the 147 and Contact zones as well as other high potential zones on the Black Fox Complex. Currently, there are four drill rigs in operation on the property.

The Black Fox Complex covers an area of approximately 18 square kilometres within the Timmins Mining District, Ontario. The core area of the 147 Zone extends for approximately 250 m in a north-south direction dipping at approximately 80 degrees to the east. Gold mineralization primarily occurs within multiple quartz carbonate brecciated zones within bleached units of variolitic mafic volcanics and other parallel footwall zones.

Details of the most recent 147 Zone drill holes and the 147 Zone drill-hole location map can be found on the Company's website at www.brigusgold.com.

Surface drilling was conducted by Norex Drilling and was supervised by the Brigus exploration team. All sample analyses reported herein were performed by Polymet Labs of Cobalt, Ontario, which is ISO 9001:2000 certified in North America using standard fire assay procedures. Intercepts cited do not necessarily represent true widths, unless otherwise noted. Brigus Gold's quality control checks include insertion of blanks, standards and duplicates to ensure laboratory accuracy. Senior Exploration Project Manager John A. Dixon, P. Geo., reviewed the technical exploration information in this release as the Qualified Person for the Company.

About Brigus
Brigus is a growing gold producer committed to maximizing shareholder value through a strategy of efficient production, targeted exploration and select acquisitions. The Company operates the wholly owned Black Fox Mine and Mill in the Timmins Gold District of Ontario, Canada. The Black Fox Complex encompasses the Black Fox Mine and adjoining properties in the Township of Black River-Matheson, Ontario, Canada. Brigus is also advancing the Goldfields Project located near Uranium City, Saskatchewan, Canada, which hosts the Box and Athona gold deposits. In Mexico, Brigus Gold has completed its transaction to sell a 75% interest in the Ixhuatan Project located in the state of Chiapas to Cangold. In the Dominican Republic, Brigus has signed an agreement to sell its remaining interests in three mineral exploration projects.

Cautionary and Forward-Looking Statements
Statements in this news release, which are not historical facts, are forward-looking statements that involve risk, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. All statements regarding the Company's ability to successfully expand the Black Fox Complex gold resource, add to Black Fox resources, advance new discoveries to production, convert resource estimates into near-term production, release of an updated mineral resource estimate in 2012 and the Black Fox underground mine exploration drilling program and continue to obtain positive down dip continuity of significant gold mineralization are forward-looking statements and estimates that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from these forward-looking statements include environmental risks and other factors disclosed under the heading "Risk Factors" in Brigus Gold's most recent Annual Information Form and Management Discussion and Analysis filed under the company's name at www.sedar.com and annual report on Form 40-F filed with the United States Securities and Exchange Commission at www.sec.gov and elsewhere in Brigus Gold's documents filed from time to time with the Toronto Stock Exchange, the NYSE Amex, the United States Securities and Exchange Commission and other regulatory authorities. All forward-looking statements included in this news release are based on information available to the Company on the date hereof. The Company assumes no obligation to update any forward-looking statements, except as required by applicable securities laws.

SOURCE: Brigus Gold Corp.
Brigus Gold Corp. 
Jennifer Nicholson, CA, 902-422-1421 
Executive Vice President 
jnicholson@brigusgold.com 
or 
Katherine Burgess, 902-422-1421 
Manager, Stakeholder Relations 
kburgess@brigusgold.com
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