SOURCE: IO Circuit

August 08, 2012 10:51 ET

GoldPennyStars.com Profiles Alerted Penny Gold and Metals Stocks: AKGC, AGCZ

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by the IO CIRCUIT

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Alaska Gold Corp. (OTCQB: AKGC)

AKGC is an resource company engaged in gold exploration in North America. Its primary focus is the Bear Claims Group, a series of existing claim blocks in the Fairbanks, Alaska region that have been producing limited placer gold for over 27 years under private ownership. By applying advanced mining techniques, exploration and new capital resources, AKGC is planning to fully exploit the potential for a consistent grade, massive hard rock gold deposit on these claims.

AKGC has recently announced its exploration program that is designed to outline the potential for gold on this historically productive property that is located in a prolific mining region in Alaska with several producing gold mines nearby. News is imminent. Put AKGC on your watch list immediately.

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Andes Gold Corporation (PINKSHEETS: AGCZ)

Closed at $0.012 at Monday's close and trading right near its 52 week low. AGCZ is showing strong signs that it could be gearing up for a big bounce in the near trading sessions. AGCZ owns two producing mines and one fully operating mill. The mill is currently processing 50 tons of ore per day. The average head grade of ore being processed is 1.0 Oz gold and 15g of silver per ton of ore. On the Miranda vein, the company has 95,000 oz. of proven reserves. Inferred reserves from the 700m level on Miranda, Azul, Estrella, Sul and Viscaya veins are 600,000 oz.

Grass Roots Research issued a Buy Recommendation on AGCZ with a 12-Month Price Target of $0.083 per Share. If AGCZ were to hit 8.3 cents per share, that would represent an amazing total gain of over 591% from its current price of $0.012.

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