Press Release Summary = Gold-MiningStocks.com (GMS) and www.MiningSectorStocks.com (MSS), investor and industry portals for the gold and mining sector, introduce new-featured gold stock Golden Peaks Resources Ltd. (TSX.V: GL).
Press Release Body = Gold-MiningStocks.com - New Featured Gold Mining Stock, Golden Peaks Resources Ltd. Focused on Exploration in South America
POINT ROBERTS, WA, Delta B.C. - May 30th, 2006 - www.Gold-MiningStocks.com (GMS) and www.MiningSectorStocks.com (MSS), investor and industry portals for the gold and mining sector, introduce new-featured gold stock Golden Peaks Resources Ltd. (TSX.V: GL). Golden Peaks Resources Ltd. is a progressive international exploration and resource development firm that holds over 385,000 acres of prospective land holdings in four of Argentina\'s most established mining districts. At present, the Company is advancing five high priority gold projects. Based on individual merit, management believes each project demonstrates potential to develop into a significant gold discovery.
The Company\'s flagship La Fortuna Gold Project, located in the Province of Chubut, remains a top priority focus for the Company. Closely situated to two nearby world class discoveries in southern Argentina, the Esquel & Navidad deposits, the La Fortuna Gold Project exhibits distinct geological characteristics to develop into the region\'s next major gold discovery. In January 2006, the Company announced a significant discovery from its ongoing diamond-drilling program on the La Fortuna project. Seven holes drilled on the T11 zone intersected high-grade gold mineralization within broad zones of shallow, moderate grade gold mineralization. Golden Peaks' goal in 2006 for the La Fortuna Project is to define a substantial gold resource by completing a preliminary diamond drill evaluation of all gold zones identified on the property. The significant gold mineralization discovered at the T11 zone indicates the potential of all other zones to host gold mineralization of equivalent significance. To date 68 drill holes have been completed for a total of 6810 meters. The Company plans to add a second drill as a result of the strong drill results to date. The Company is also moving quickly to secure year round, all weather access to the project and plans to continue the diamond-drilling program through 2006. On the Nik gold project in the province of La Rioja, the Company has signed a Joint Venture with Minera Hochschild S.A.. The Nik project contains epithermal precious metal mineralization as well as evidence of porphyry mineralization. An exploration program is on-going. The highly prospective Nik gold project contains abundant evidence of gold mineralization and compliments Golden Peaks' portfolio of properties.With $15 million dollars in working capital Golden Peaks Resources is set to capitalize on this exciting gold market. About our Mining Portals: www.Gold-MiningStocks.com (GMS) and www.MiningSectorStocks.com (MSS), portals within the InvestorIdeas.com content umbrella, do not make recommendations, but offer investors research, news and links to public companies within the mining sector. GMS also provides mining sector content through its Gold and Mining Blog available at: www.Gold-MiningStocks.com.
GMS also includes one of the most comprehensive free mining stock lists in the investment industry: http://www.Gold-MiningStocks.com/Gold_Stocks/Stocks_List.asp Golden Peaks Resources Ltd. (TSX.V: GL) is a featured sponsor of the Gold-MiningStocks.com and MiningSectorStocks.com portals and compensates the portals accordingly as disclosed below in disclaimer. For More Info: http://www.gold-miningstocks.com/CO/GL/Default.asp or visit the company\'s website at: http://www.goldenpeaks.com/ Priority membership: InvestorIdeas.comT investor and industry research resource portals, membership allows you to be at the top of our list to be the first to know what is happening in industry and sector trends. http://investorideas.com/membership/ InvestorIdeas.com Disclaimer: www.InvestorIdeas.com/About/Disclaimer.asp. Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. GMS is compensated by Golden Peaks Resources Ltd. (TSX: GL) for five thousand dollars per month. For more information contact: Dawn Van Zant 800.665.0411 Jennifer Lee 888.348.3033 Email: dvanzant@investorideas.com, jlee@investorideas.com Web Site: www.InvestorIdeas.comT
Source: Gold-MiningStocks.com, Golden Peaks Resources Ltd.
Web Site = http://www.gold-miningstocks.com
Contact Details = Dawn Van Zant 800.665.0411 Jennifer Lee 888.348.3033 Email: dvanzant@investorideas.com, jlee@investorideas.com Web Site: www.InvestorIdeas.comT
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