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DKGR - Drake Gold Resources Corp.

Started by FurrySound, February 13, 2006, 10:32:29 AM

Previous topic - Next topic

FurrySound

Drake Gold Resources Inc. Announces Completion of Symbol Change to DKGR
Monday February 13, 10:10 am ET


VANCOUVER, WA--(MARKET WIRE)--Feb 13, 2006 -- Drake Gold Resources Inc. (Other OTC:DKGR.PK - News) (OTC BB:AMVS.OB - News) a brand new company that focuses on the exploration and production of precious metals is pleased to announce that, along with its recent name change, the company has received its new CUISP number and the symbol change from AMVS to DKGR.
The change is effective as of 02-13-06:

Drake Gold Resources Inc.
OTCBB.PK symbol DKGR
CUSIP Number: 26144G106
ADVERTISEMENT
[Blocked Ads]

The company has recently stated in news releases that it is prepared to assemble an all-new, highly experienced, team of professionals to operate the company in the new business model. Along with updates regarding the all-new management it was also stated that the company is prepared to enter into several Letter Of Intents (L.O.I.) to acquire or joint venture with valuable precious metal assets.

If you have any questions please contact the investor relations team for Drake Gold Resources.

This press release contains forward-looking statements involving risks and uncertainties including statements regarding the Company's future performance. Such statements are based on management's current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to or implied by such statements. In addition, actual future results may differ materially from those anticipated, depending on a variety of factors which include, but are not limited to, our ability to leverage our technology, manage our growth, protect our intellectual property rights, attract new customers and general economic conditions affecting consumer spending, including uncertainties relating to global political conditions, such as terrorism and the conflict with Iraq. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company does not intend to update any of the forward-looking statements after the date of this release to conform these statements to actual results or to changes in its expectations, except as may be required by law.



Contact:
     Clayton Smith
     1-503-618-0370
     1-888-601-9983
     [email protected]
     


--------------------------------------------------------------------------------
Source: Automotive Specialty Concepts

FurrySound

Now we are finally starting to get a trickle of information coming out. Can't wait for more.

Nice close .017, highest in the last year, on 12 mil vol. 50 dma and 200 dma look to cross tomorrow, 'golden cross', bullish sign.

2nd PR today:

Drake Gold Resources Inc. Solidifies Position as Gold Company With New Website
http://biz.yahoo.com/iw/060213/0109682.html

Chart: http://stockcharts.com/def/servlet/SC.web?c=dkgr

FurrySound

Drake Gold Resources Inc. Announces Resignation of Management Team to Complete Transition

2006-02-16 14:15 ET - News Release


VANCOUVER, WA -- (MARKET WIRE) -- 02/16/06

http://at.marketwire.com/accesstracking/AccessTrackingLogServlet?PrId=110227&ProfileId=051205&sourceType=1
Drake Gold Resources Inc. (OTC: DKGR), a brand-new company that focuses on the exploration and production of precious metals, is pleased to announce that the full management team from its previous business model are resigning in preparation of new management announcements.

Drake Gold Resources Inc. has just formed under its new symbol "DKGR" and is preparing for the new management team. The new management team of mining professionals including the mining engineer/operators is ready to be announced and begin to hasten the roll out the new operations plan.

The complete resignation consists of Paul Stringer, Jerry Leslie, and Neil Grey, who are the officers and directors of the company.

Shareholders can expect a quick addition of the new management and introduction to their mining credentials as well as a quick move to announce the potential assets, acquisitions and joint ventures they have been evaluating. Letter Of Intents (L.O.I.) are in the final stages and will be released shortly after management is announced to complete the move into valuable precious metal asset sector.

It is anticipated that the new mining CEO will be announced early next week.

Current and future shareholders are encouraged to sign up for email updates on our new website to stay up to the minute on new releases, reports, interviews, industry news and market related information. The sign up is located under the main menu at http://www.drakegold.com.

Shareholder inquires and suggestions are welcomed and should be directed to the Drake Gold Investor Relations Team at the toll free # 1-888-601-9983 or internationally at 1-503-618-0370 or via email at [email protected].

This press release contains forward-looking statements involving risks and uncertainties including statements regarding the Company's future performance. Such statements are based on management's current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to or implied by such statements. In addition, actual future results may differ materially from those anticipated, depending on a variety of factors which include, but are not limited to, our ability to leverage our technology, manage our growth, protect our intellectual property rights, attract new customers and general economic conditions affecting consumer spending, including uncertainties relating to global political conditions, such as terrorism and the conflict with Iraq. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company does not intend to update any of the forward-looking statements after the date of this release to conform these statements to actual results or to changes in its expectations, except as may be required by law.

Contact:
Clayton Smith
1-503-618-0370
1-888-601-9983
[email protected]



FurrySound

Wouldn't be surprised to see some buying into close here. sat bid and got a little more today

Liquid Stick

In the world, of gifts from god, I succumbed to mediocrite and settled for engineer.  When here is where I belong.

FurrySound

thanks for the chart, nice open today after a decent close last week. .014x.017, the .015's just got eaten up. On watch for news of new management likely today based on previous pr's.

B_Dub


FurrySound

Good news out today on new CEO

Drake Gold Resources Inc. Announces New CEO

2006-02-22 10:37 ET - News Release


CHICAGO, IL -- (MARKET WIRE) -- 02/22/06

http://at.marketwire.com/accesstracking/AccessTrackingLogServlet?PrId=110709&ProfileId=051205&sourceType=1
Drake Gold Resources Inc. (OTC: DKGR) is pleased to announce Francis Richard Biscan Jr. as the new CEO, effective immediately. Richard Biscan was a prime choice to replace the previous CEO with a track record that has been focused on adding shareholder value. Drake Gold's vision is based on the same principles and anticipates a profitable future.

Currently Richard Biscan holds the position as President and CEO of American Stellar Energy Inc., a successful junior mining venture. He has managed the company from a shell platform and has built up shareholder value over 500% to date by adding real assets to the company. That company is a precious metal exploration and development company, which is already producing gold and silver from its recently acquired properties. Previously, Mr. Biscan has worked for over 8 years with various public companies in the areas of business consulting, structuring, mergers and acquisitions and finance. He has served as a Director for Latitude Minerals and numerous outside advisory roles. He has also served on the Board of Timothy Christian Schools.

Mr. Biscan's objective is to become a significant gold and precious metals producer by increasing American Stellar Energy's current production at La Currita and developing the San Miguel and La Millionaria projects in Mexico, and by acquiring other advanced-stage projects and/or producing mines in one of the most prolific precious metal districts in the world.

His recent work with American Stellar Energy has shown a devotion to creating and maintaining shareholder value with established relationships within the mining industry. The company has been bringing its current filings back into compliance and is prepared to make application to be reinstated as an OTCBB traded Company once they have been completed.

Currently, Drake Gold Resources is reviewing several projects of merit and is preparing to bring in a full team of professionals to manage the direction and resources of this new gold company.

Richard Biscan had this to say, "With the current climate of the precious metals market and quality of opportunities, we are seeking to acquire and develop precious metals assets, combined with the loyal shareholder base found in our shareholders, I firmly believe that Drake Gold can become a prominent leader in micro-cap mining sector."

Current and future shareholders are encouraged to sign up for email updates on our new website to stay up to the minute on new releases, reports, interviews, industry news and market related information. The sign up is located under the main menu at http://www.drakegold.com.

Shareholder inquires and suggestions are welcomed and should be directed to the Drake Gold Investor Relations Team at the toll free # 1-888-601-9983 or internationally at 1-503-618-0370 or via email at [email protected].

This press release contains forward-looking statements involving risks and uncertainties including statements regarding the Company's future performance. Such statements are based on management's current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to or implied by such statements. In addition, actual future results may differ materially from those anticipated, depending on a variety of factors which include, but are not limited to, our ability to leverage our technology, manage our growth, protect our intellectual property rights, attract new customers and general economic conditions affecting consumer spending, including uncertainties relating to global political conditions, such as terrorism and the conflict with Iraq. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company does not intend to update any of the forward-looking statements after the date of this release to conform these statements to actual results or to changes in its expectations, except as may be required by law.

Drake Gold Investor Relations Team
1-888-601-9983
1-503-618-0370
[email protected]


B_Dub


FurrySound

Over the past week we have seen consolidation of the pps. The chart is forming a wedge or bullish pennant, and the b-bands tightening, we are looking at an imminent breakout here.

On watch for news to be the catalyst.

http://stockcharts.com/h-sc/ui?s=%20dkgr

FurrySound

with news yesterday and more this morning and a bullish chart, expecting this to move up strongly next 1-2 weeks

Drake Gold Resources Inc. Signs First Right to Refusal on Ten (10) Projects From Thunder Gulch Resources Ltd.
Thursday March 9, 9:00 am ET


VANCOUVER, BC--(MARKET WIRE)--Mar 9, 2006 -- Drake Gold Resources Inc. (Other OTC:DKGR.PK - News) is pleased to announce that the company has signed for first right to refusal on Ten (10) projects from Thunder Gulch Resources Ltd.

Currently TGR has access and is completing evaluation and sampling in over Ten (10) projects located in a diversified array of areas for Drake Gold Resources Inc. to acquire. The company is reviewing areas throughout the United States along popular trends in Arizona, Oregon and Alaska. TGR is also reviewing locations throughout Canada in British Columbia and the Yukon Territories. Other properties have been presented to the company in popular gold districts in Northern Mexico as well that TGR is now considering.

TGR recently agreed to a 48-month contract to performing services and operations for Drake Gold Resources Inc. Letter of Intents have been drawn up for what Drake Gold Resources Inc. and TGR have found to be in the best interest of the company initially and it is the companies intention to release the information on the specific properties that have been chosen for initial operations as soon as possible which could be in the next couple days.

The president of Thunder Gulch Resources Ltd. said, "We have had opportunities mounting that we have been very eager to explore and have waiting for the right company and team we believed would have the integrity and ability that we would want to operate with for a long-term affiliation, Drake Gold Resources Inc. is that team."

Current and future shareholders are encouraged to sign up for email updates on our new website to stay up to the minute on new releases, reports, interviews, industry news and market related information. The sign up is located under the main menu at http://www.drakegold.com.

Shareholder inquires and suggestions are welcomed and should be directed to the Drake Gold Investor Relations Team at the toll free # 1-888-601-9983 or internationally at 1-503-618-0370 or via email at [email protected].

About Thunder Gulch Resources LTD.

Thunder Gulch Resources Ltd. (TGR) is an independent mining operator and project developer. The history of TGR is expansive and lengthy with success in mining ventures. The principle of TGR has operated exploration and development programs in Canada, United States, Venezuela, Africa and Russia and have set up mines on four continents: Asia, South America, Africa, and North America. The company combines over 30 years of mining, prospecting, evaluation, and operation expertise through its team of engineers and professionals.

Currently TGR has access and is completing evaluation and sampling in over Ten (10) projects located in a diversified array of areas for Drake Gold Resources Inc. to acquire. The company is reviewing areas throughout the United States along popular trends in Arizona, Oregon and Alaska. TGR is also reviewing locations throughout Canada in British Columbia and the Yukon Territories. Other properties have been presented to the company in popular gold districts in Northern Mexico as well that TGR is now considering.

About Drake Gold Resources Inc.

Drake Gold Resources Inc. is an early stage mining company that focuses on the exploration and production of precious metals. Several projects have been identified through Thunder Gulch Resources Ltd. and its resources in North and Central America, which will be released as the agreements are completed. The company has allied itself with a team of professionals including Richard Biscan of Tara Gold Resources Inc. and Thunder Gulch Resources Ltd.

This press release contains forward-looking statements involving risks and uncertainties including statements regarding the Company's future performance. Such statements are based on management's current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to or implied by such statements. In addition, actual future results may differ materially from those anticipated, depending on a variety of factors which include, but are not limited to, our ability to leverage our technology, manage our growth, protect our intellectual property rights, attract new customers and general economic conditions affecting consumer spending, including uncertainties relating to global political conditions, such as terrorism. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company does not intend to update any of the forward-looking statements after the date of this release to conform these statements to actual results or to changes in its expectations, except as may be required by law.



Contact:
     Contact:
     Clayton Smith
     Domestic: 1-888-601-9983
     International: 1-503-618-0370
     Email: [email protected]
     


--------------------------------------------------------------------------------
Source: Drake Gold Resources Inc.

B_Dub

Thanks i'll just post under this topic couldn't find it earlier
:D

FurrySound

:) b_dub   looking for that .015 break today imo

FurrySound

Letter of Intent news out.. huge property, known producing

Drake Gold Resources Inc. Signed First Letter of Intent
Wednesday March 22, 11:08 am ET


VANCOUVER, British Columbia--(BUSINESS WIRE)--March 22, 2006--Drake Gold Resources, Inc. (PINK SHEETS:DKGR - News) is pleased to announce that we have signed a Letter of Intent on 1280-acres south of the famous Commonwealth Mine that is located in the Dragoon Range in a poplar Arizonan mining district.

The section of property that we plan to be our first acquisition is a combination of gold, and silver. There are recent discoveries and current operations in surrounding areas North, South, East, and West of this property. Beneficially the property has access to water and electric already, which will hasten the time to set up operations.

The 1280 acres is just north of the historical Courtland/Gleeson District, which is in Cochise County, AZ. The Commonwealth Mine just north of this section was active during 1895 till 1942 and sporadically had operations during economical years, until 1994. Workings include a shaft(s), which produced over 1,000,000 tons of ore.

The Commonwealth Mine was said to be one of the richest mines ever found in Arizona in the early 1900's, producing over 15 million dollars in Gold at prices between the years of 1895-1942. (Gold Prices have ranged from where gold was just $20 before 1930 to a high on January 21, 1980 of $850).

Depending on further trend studies Drake Gold Resources, Inc. will be able to determine continued plans for acquisition with other properties that Thunder Gulch Resources Ltd. (TGR) has mineral rights too which are surrounding the current purposed 1280-acre section. After initial sampling and testing is completed we will be able to establish potential trends and estimated ounces.

Most recently, General Minerals Corporation and BHP Billiton signed a Letter and Intent in early 2005 and completed a joint venture on Dragoon Copper Hill property in Arizona a copper and molybdenum rich area which is just to the West of this property.

Mr. Pearson, president of Thunder Gulch Resources Ltd., said, "Pending further due diligence and other related information, DKGR will acquire the rights to this section and begin operations."

He continued to say; "TGR has optioned several other sections in this area that show high potential, which DKGR has indicated plans to us to sign Letters of Intent with potential acquisition. More details will be released on these other sections as TGR makes them publicly available."

Current and future shareholders are encouraged to sign up for email updates on our new website to stay up to the minute on new releases, reports, interviews, industry news and market related information. The sign up is located on the left.

Shareholder inquires and suggestions are welcomed and should be directed to the Drake Gold Investor Relations Team at the toll free # 1-888-601-9983 or internationally at 1-503-618-0370 or via email at [email protected].

About Thunder Gulch Resources Ltd.

Thunder Gulch Resources Ltd. (TGR) is an independent mining operator and project developer. The history of TGR is expansive and lengthy with success in mining ventures. The principle of TGR has operated exploration and development programs in Canada, United States, Venezuela, Africa and Russia and have set up mines on four continents: Asia, South America, Africa, and North America. The company combines over 30 years of mining, prospecting, evaluation, and operation expertise.

Currently TGR has access and is completing evaluation and sampling in over Ten (10) other projects located in a diversified array of areas for Drake Gold Resources Inc. to acquire. The company is reviewing areas throughout the United States along popular trends in Arizona, Oregon and Alaska. TGR is also reviewing locations throughout Canada in British Columbia and the Yukon Territories. Other properties have been presented to the company in popular gold districts in Northern Mexico as well that TGR is now considering. TGR recently agreed to a 48-month contract to performing services and operations for Drake Gold Resources Inc.

About Drake Gold Resources, Inc.

Drake Gold Resources, Inc. is an early stage mining company that focuses on the exploration and production of precious metals. Several projects have been identified through Thunder Gulch Resources Ltd. and its resources in North and Central America, which will be released as the agreements are completed. We are looking at properties of merits that contain gold, silver, copper, and molybdenum. The company currently has two consultants including Richard Biscan of Tara Gold Resources Inc. and Norm Pearson of Thunder Gulch Resources Ltd.

This press release contains forward-looking statements involving risks and uncertainties including statements regarding the Company's future performance. Such statements are based on management's current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to or implied by such statements. In addition, actual future results may differ materially from those anticipated, depending on a variety of factors which include, but are not limited to, our ability to leverage our technology, manage our growth, protect our intellectual property rights, attract new customers and general economic conditions affecting consumer spending, including uncertainties relating to global political conditions, such as terrorism. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company does not intend to update any of the forward-looking statements after the date of this release to conform these statements to actual results or to changes in its expectations, except as may be required by law.

Drake Gold Resources, Inc. (PINK SHEETS:DKGR - News)



Contact:
Drake Gold Resources, Inc.
Clayton Smith
Domestic: 1-888-601-9983
International: 1-503-618-0370
[email protected]
www.drakegold.com

--------------------------------------------------------------------------------
Source: Drake Gold Resources, Inc.

FurrySound

Drake Gold Resources Inc. Announces Expansion of Drake Diamonds
Monday July 10, 12:24 am ET


CENTURY CITY, CALIFORNIA--(MARKET WIRE)--Jul 10, 2006 -- Drake Gold Resources, Inc. (Other OTC:DKGR.PK - News) is pleased to announce the expansion of Drake Diamonds.
ADVERTISEMENT


The recently formed division is based on the targeted zones in Southern Saskatchewan, which are some of the best-known kimberlite discovery areas in the world, quoted by some as the World's largest. Due to the recent potential projects that are now under review by the Drake Diamond Team the company has decided to open an office in the township of Melfort, SK, Canada.

The new office is mandatory to the Drake Diamond Team to fully be able to implement the strategy for exploration and development of key locations in the Fort a la Corne area. The office number will be set up later this week and will be updated on the contact page on the website. The current mailing address during set up is:

P.O Box 3655

Melfort SK SOE1A0

The Fort a la Carne region is a diamond-studded area with majors such as such as De Beers, Shore Gold, Kensington, and Great Western Diamonds among many junior players. The Fort a la Corne area of Saskatchewan hosts one of the most extensive kimberlite fields in the world. Over 71 kimberlites exist in the Fort a la Corne province and over 70 percent of these have been shown to contain diamonds. The 71+ diamondiferous bodies of the Fort a la Corne (FALC) field form one of the largest diamondiferous kimberlite clusters in the world.

Drake Diamonds also welcomes the newest member of the Drake team, Melvin O'Neil. Being that Mr. O'Neil has been a resident of the Fort a la Corne area for over 53 years, he comes with the knowledge and expertise Drake Diamonds needs to build a strong operation in Saskatchewan. Mr. O'Neil has had 10 years of diamond exploration in which the last three he was with an exploration company in the region. He has the opportunity to work hands on in the area of drilling and core sampling. He has a long-standing reputation with all the locals, providence offices and staff as well as some of the World's largest diamond mining companies in the region. The duties will cover the facilitation and acquisition of diamond and mining prospects as well as potential joint ventures in conjunction with targeted areas.

Mr. O'Neil will be working mono a mono with Mr. Marconette, Drake Gold's most recent addition to the project development team. The two of them together will be working with local officials to lock in some key areas to conduct project exploration.

Mr. Marconette is currently aiding in finalizing a potential acquisition for Drake Diamonds of up to 36,000 Hectares in the heart of the southern mining mineral deposit district in Saskatchewan. Complete discloser and maps will be released as soon as possible once the Department of Industry and Resources approves the leases.

Mr. O'Neil commented on his newly appointed post, "I am very excited to be part of Drake Diamonds and I am looking forward to talking to shareholders and to helping Mr. Marconette in getting this area strong in assets for the shareholders of Drake Gold.

The Drake Team is pleased to update shareholders with the most recent activities on the other fronts. The acquisition of Pegasus Oil Well Services (POWS) is to be announced within the next couple days. Projections of 2006 revenues will be released as well as additional information on the operations of POWS.

Several other Gold Mining Projects have been identified as well as our primary target in South Eastern Arizona in conjunction with Thunder Gulch Resources. We plan to release the acquisition details as soon as they are made available. The initial targets have potential to have cash flows within the first couple months that will provide a diversified income for Drake Gold as it unfolds into a larger resource company.

Current and future shareholders are encouraged to sign up for email updates. The new Company website provides current news releases, reports, interviews, industry news and market related information. To sign up, click on the link located under the main menu at www.drakegold.com.

Shareholder inquiries and suggestions are welcome and should be directed to the Drake Gold, Investor Relations Team at (toll free) 1-888-601-9983, internationally at 1-503-618-0370, or via email at [email protected].

About Drake Gold Resources, Inc.

Drake Gold Resources, Inc. (http://www.drakegold.com) is an early-stage mining and energy company that focuses on the exploration and production of precious metals, diamonds and energy, such as petroleum and coal. Several projects have been identified through Thunder Gulch Resources, Ltd. and its resources in North America. Drake intends to complete the acquisition of Pegasus Oil Well Services within the coming days. (http://www.pegasusoilwellservices.com) Announcements will be made as agreements are completed.

This press release contains forward-looking statements involving risks and uncertainties including statements regarding the Company's future performance. Such statements are based on management's current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to or implied by such statements. In addition, actual future results may differ materially from those anticipated, depending on a variety of factors which include, but are not limited to, our ability to leverage our technology, manage our growth, protect our intellectual property rights, attract new customers and general economic conditions affecting consumer spending, including uncertainties relating to global political conditions, such as terrorism. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company does not intend to update any of the forward-looking statements after the date of this release to conform these statements to actual results or to changes in its expectations, except as may be required by law.



Contact:
     Contacts:
     Drake Gold Resources, Inc.
     Investor Relations Hotline
     Domestic: 1 (888) 601-9983
     International: 1 (503) 618-0370
     [email protected]
     


--------------------------------------------------------------------------------
Source: Drake Gold Resources, Inc.

http://biz.yahoo.com/iw/060710/0142389.html