EXP, The stock is a steady climb higher, EXP could triple or more from these levels
EXP hit a 52 week high today to close $1.25 up 14.68% from yesterday’s close.
EXP has appreciated 1150%, making a HUGE profit for anyone who bought-in in January when it was trading at just $0.10. We think this stock will hit $5.00 and we want our members to come play in GOLD!
Canadian Shield entered in a Letter of Intent (”LOI”) with Kinross Gold Corporation this summer to help fund a 12 month generative program to locate and acquire properties with the potential to host large gold systems in Peru. This week Canadian Shield announced it has opted out of the LIO in order to operate the exploration programs independently -position which will generate much greater stockholder value.
Kinross Gold wanted in but EXP is doing it for themselves, and YOU can reap the benefit!
The company’s added value comes from an experienced exploration team and an extensive digital exploration database covering 250,000 square km in southern Peru, allowing for high priority focus on exploration targets.
The database is a comprehensive compilation of both public and confidential information. All the information has been digitized and is in a Geographic Information System format with identified targets, many of which have never been field checked.
Canadian Shield’s proprietary digital database identifies new properties within the region and enhances its portfolio of concessions. The database provides the technical foundation to generate a pipeline of high quality exploration projects in Southern Peru. Canadian Shield is capitalizing on an exploration program to generate new projects using its database.
The company has huge concessions in South America and focused in Peru’s most prolific gold district, which produced 1.89 million ounces of gold in 2008.
Positioned in Chile and Peru, EXP is exempt from politics as their competitors expend time and money arbitrating with the Chavez government who is currently occupying their mines and privatizing the Venezuelan gold industry.
Canadian Shield’s shares are now gaining interest and attention from the US, trading under the symbol CANADIAN SHIELD RES LTD (PINK:CSRFF) which gained 15.73% to close at $1.19 today.
Canadian Shield Resources has rare regional expertise in Perú mining for gold, copper, silver, and rare earth molybdenum.
Rare Earth Elements as a HUGE GROWTH MARKET and applications are numerous given their extreme resilience to high-temperature and permanent magnetic characteristics. REE’s are required for petroleum refineries, electronics manufacturing, LCD screens, energy saving florescent lighting, microchip conditioning, high-tech sensor devices for medical and intelligence markets, components for hybrid and electric vehicles, agriculture, aerospace, turbines etc. Meanwhile the US is aggressively stockpiling REE’s (http://www.globalsecurity.org/military/agency/dod/dnsc.htm) and importing 100% of their REE’s to protect their resources as well. In effect, there’s a developing opportunity for Canadian miners to supply where China has retreated, as the US is stockpiling and American miners fac e a reformatory mining tax bill by congress.
Gold has rallied over the last few months, hitting a series of record highs in November
Doug Casey a mining guru on the internet says it’s time to buy gold now and here’s why
http://goldnews.bullionvault.com/buy_gold_120820093
The company’s latest news support the upward trend
TORONTO, ONTARIO, Dec 07, 2009 (MARKETWIRE via COMTEX) —-Canadian Shield Resources Ltd. (TSX VENTURE: EXP) (”Canadian Shield” or the “Company”) is pleased to announce the initiation of the Regional Andean Gold Exploration Program (”RAGE”) in Peru. The program seeks to identify new gold and silver discoveries through generative exploration and acquisition, based on the Company’s extensive regional database. Canadian Shield acquired a strategic gold exploration database with its acquisition of a 90% interest in Gallant Minerals Peru Ltd S.A.. The database contains extensive mineral occurrence information, structural, geological, geochemical and remote sensing data which have been integrated to identify favourable areas for identification of epithermal alteration, and precious metal mineralization. The Company will hold a 100% interest in all new properties.
Canadian Shield also announces it has withdrawn from the non-binding Letter of Intent agreement with Kinross Gold Corporation to conduct regional exploration, as announced in a press release dated June 23, 2009.
Keith Laskowski, the recently appointed President of Canadian Shield stated, “We have a great deal of respect and appreciation for Kinross, and their successful exploration and development capabilities, Under the current market conditions, we believe Canadian Shield can provide greater shareholder value by completing the first phase of the RAGE program on our own. Canadian Shield will consider strategic partnerships with larger companies as we advance the program.
About Canadian Shield Resources Ltd. (TSX VENTURE: EXP)
Canadian Shield is a precious metals exploration and development company focused on strategically-located properties in Peru and Chile. Canadian Shield has seven precious metal exploration projects in Peru and one in Chile. The Company’s shares are listed on the TSX Venture Exchange (Trading Symbol TSX VENTURE: EXP). Further information is available at Canadian Shield’s website: www.canadianshieldresources.com.
Contacts:
Canadian Shield Resources Ltd.
Keith Laskowski, MSc.
President
Direct: +1 (720) 272-6224 +1 (720) 272-6224
+1 (416) 927-1222 +1 (416) 927-1222 (FAX)
klaskowski@canadianshieldresources.com
www.canadianshieldresources.com
SOURCE: Canadian Shield Resources Ltd.
mailto:klaskowski@canadianshieldresources.com
http://www.canadianshieldresources.com
Please remember to do your due diligence on EXP.
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