Silver Investor: A Company to Keep Your Eye On…

Published: Wed, 02/23/11


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Dear Silver Investor Readers:

As you know, I stick to mainly silver focused companies in my newsletter, The Morgan Report, however I’d like to bring to your attention a quality junior mining company that is aggressively expanding their gold resources in the very prosperous and rapidly developing region of Burkina Faso, West Africa. New mine openings (six since 2007, to be exact) and increased industry activity have greatly increased the profile of Burkina Faso as a destination for mining and exploration activity.

This story looks like a very timely opportunity and has been recommended by a number of my colleagues over the past few months (giving it even further credibility).

The company I’m referring to here is Riverstone Resources (RVS: TSX-V; RVREF), and the reason why I’m telling you about this company today is for one simple reason. Riverstone will be releasing an updated resource calculation on its flagship property, the Karma Gold Project, by the end of this month (February 2011). This project already hosts over 1 million ounces of gold (NI 43-101 compliant) and has much further to go.

For more information about Riverstone, please see below company highlights and I strongly encourage you to watch out for this latest news, only days away! (I suggest that you join their email list at www.riverstoneresources.com so that you receive the news release automatically and without delay.)  

Sincerely,

David Morgan

 Riverstone Resources: Updated Resource Calculation

at Karma Gold Project to be released end of February 2011!

Key Highlights:

  • Indicated NI 43-101 resource of 820,500 ounces gold

  • Additional inferred NI 43-101 resource of 322,300 ounces gold

  • Current drilling continues to expand all defined gold deposits

  • Potential for near-term, low cost gold production

  • Exciting new gold discovery at the Nami Site

Q1 2011 – Work Plans:

  • Updated Resource Estimate - anticipated shortly at the Karma Project

  • 25,000 metres of drilling at the Karma Project is currently underway and is expected to be completed by April 2011 - it is important to note that the drilling from this program will not be included in the upcoming resource estimate; however, results will be included in a subsequent resource estimate in 2011

  • Drill test Yaramoko, Solna and Bissa West: Roxgold Inc. (Optionee) committed to $1,000,000 expenditures in 1st Year

 

To review the latest Corporate Update from Riverstone Resources, including more details about the upcoming resource calculation, please click here



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Information contained herein has been obtained from sources believed to be reliable, but there is no guarantee as to completeness or accuracy. Because individual investment objectives vary, this Summary should not be construed as advice to meet the particular needs of the reader. Any opinions expressed herein are statements of our judgment as of this date and are subject to change without notice. Any action taken as a result of reading this independent market research is solely the responsibility of the reader. Stone Investment Group is not and does not profess to be a professional investment advisor, and strongly encourages all readers to consult with their own personal financial advisors, attorneys, and accountants before making any investment decision. Stone Investment Group and/or independent consultants or members of their families may have a position in the securities mentioned. Mr. Morgan does consult on a paid basis both with private investors and various companies. Investing and speculation are inherently risky and should not be undertaken without professional advice. By your act of reading this independent market research letter, you fully and explicitly agree that Stone Investment Group will not be held liable or responsible for any decisions you make regarding any information discussed herein.


 


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