SOURCE: FinancialNewsMedia.com

FinancialNewsMedia.com

April 04, 2012 09:11 ET

4 Active Gold Stocks to Consider for 4/4/12: SRGL, NEM, FCX, GG - Major Gold Property Acquisition Announced

NOTE TO EDITORS: The Following Is an Investment Opinion Circuit Press Release Being Issued by FinancialNewsMedia.com

CORAL SPRINGS, FL--(Marketwire - Apr 4, 2012) - FinancialNewsMedia.com "stocks to watch" for today: Source Gold Corp. (OTCBB: SRGL), Newmont Mining Corporation (NYSE: NEM), Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX), GOLDCORP INC. (NYSE: GG).

Get an edge on the market with our Premium News Alerts that are FREE for a limited time at http://www.financialnewsmedia.com. Follow us on Facebook: http://www.facebook.com/financialnewsmedia and Twitter: http://twitter.com/FNMgroup

Breaking News Alert: Tuesday after the markets closed for trading, Source Gold Corp. (OTCBB: SRGL) was pleased to announce the acquisition of a major new gold prospect: the Great White North Gold Project with Carlin Type Trend Discovery.

After extensive due diligence, Source Gold has acquired the Great White North Gold Project based on strong geological similarities to the Carlin Trend Style gold mineralization. The Carlin Trend in northern Nevada has produced more gold than any other mining district in the United States -- estimated at over 50,000,000 troy ounces.

ATAC's 1600 Sq KM, Rackla Gold Project is the only Canadian drill proven Carlin-Type gold discovery. Source Gold believes that based upon surface geology and geochemical information it has acquired, the Great White North Gold Project displays remarkable similarity to the ATAC Rackla gold district. Furthermore, the Great White North's proximity to ATAC Resources' recent gold find combined with the geological similarity of both properties; has induced the seller of the property to require Source Gold to pay nothing now, only a future work commitment and restricted shares in Source Gold Corp. Source Gold will plan a phase one spring exploration program shortly, details to follow.

(Source: http://www.atacresources.com)

Source Gold acquired the 2,785 acres of highly prospective mineral claims in Northern British Columbia, on the Yukon border. The area is home to some of the most prolific gold finds in Canadian history: Barrick discovered Eskay Creek which produced over 320,000 ounces and Placer Dome found McDame Creek where the historic 72 ounce gold nugget was found.

This acquisition makes Source Gold Corp. one of the only junior gold companies with gold properties diversified among three of the most prolific gold source areas in politically stable North America: the KRK Claims in the Beardmore-Geraldton greenstone belt, the Vulture Mine Claims in Arizona, and now the Great White North Claims in Northern British Columbia. The Beardmore-Geraldton belt has historically produced over 4.1 million ounces of gold, while the Vulture Mine was the biggest gold producing mine in Arizona before it was shut down due to the war effort in 1942.

"This acquisition is very exciting for Source Gold," stated Lauren Notar, President for Source Gold. "Not only is the geology exciting, but the terms the Company was able to procure for the property make it a perfect acquisition for a junior. And the success our neighbors have had on their gold claims is very encouraging indeed."

Read the entire SRGL press release announcing the acquisition along with their full disclosure here: http://www.financialnewsmedia.com/stock-investing-business-investing-news/featured-news.php?id=145

As Gold Mining Companies are ripe for a major rebound, investors are urged to research this stock further. SRGL is currently trading just above $0.07 per share.

Newmont Mining Corporation (NYSE: NEM) announced recently that it has received aggregate net proceeds of approximately $2,460 million, after deducting underwriting discounts and estimated expenses, upon the closing of its registered public offering of $1.5 billion principal amount of 3.500% senior notes due 2022 and $1.0 billion principal amount of 4.875% senior notes due 2042.

Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) recently reported that PT Freeport Indonesia (PT-FI) has commenced restart operations at its Grasberg mining and milling operations following a temporary labor-related shutdown on February 23, 2012. Mobilization of the workforce commenced on March 12, 2012 and mining and milling activities are being ramped up. Full production is expected to be reached in the second quarter of 2012.

GoldCorp Inc. (NYSE: GG) is one of the world's fastest growing senior gold producers. Its low-cost gold production is located in safe jurisdictions in the Americas and remains 100% unhedged. The company recently declared its fourth monthly dividend payment for 2012 of $0.045 per share.

Sign-up for FREE News Alerts now and get timely alerts sent right to your email inbox by visiting http://www.financialnewsmedia.com

Follow FinancialNewsMedia.com on Facebook: http://www.facebook.com/financialnewsmedia and Twitter: http://twitter.com/FNMgroup

If you're a company interested in having FN Media Group assist you with creating a greater awareness for your next news release utilizing our multi-media and leading edge outreach solutions, contact us now at info@financialnewsmedia.com

DISCLAIMER: FN Media Group LLC (FNMG) owns and operates FinancialNewsMedia.com (FNM) which disseminates electronic information through multiple online media channels. FNMG's intended purposes are to deliver market updates and news alerts issued from private and publicly trading companies as well as providing coverage and increased awareness for companies that issue press to the public via online newswires. FNMG and its affiliated companies are a news dissemination and financial marketing solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNMG's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. An offer to buy or sell can be made only with accompanying disclosure documents from the company offering or selling securities and only in the states and provinces for which they are approved. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. The companies that are discussed in this release may or may not have approved the statements made in this release. Information in this release is derived from a variety of sources that may or may not include the referenced company's publicly disseminated information. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. While this information is believed to be reliable, such reliability cannot be guaranteed. FNMG disclaims any and all liability as to the completeness or accuracy of the information contained and any omissions of material fact in this release. This release may contain technical inaccuracies or typographical errors. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. Investment in the securities of the companies discussed in this release is highly speculative and carries a high degree of risk. FNMG is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.

This release is not without bias, and is considered a conflict of interest if compensation has been received by FNMG for its dissemination. To comply with Section 17(b) of the Securities Act of 1933, FNMG shall always disclose any compensation it has received, or expects to receive in the future, for the dissemination of the information found herein on behalf of one or more of the companies mentioned in this release. For disseminating this release, FNMG expects to be compensated eight hundred dollars by a non-affiliated third party for distribution of this release for Source Gold Corp. (OTCBB: SRGL). FNMG HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNMG undertakes no obligation to update such statements.

Contact Information