Contact Information: Contact: Dan Sherman 775-689-7666
"InsideMetals.com" Adds Four Junior Platinum Stocks to Its Popular Junior Gold & Mineral Stocks Shopping Mall
| Source: InsideMetals.com
RENO, NV--(Marketwire - February 21, 2008) - InsideMetals.com, an internet website that
provides easy access to a detailed value-added WORLD VIEW of Gold Producer
Stocks, Mineral Producer Stocks, and Junior Gold & Mineral Stocks, reported
today that it has added four platinum exploration companies to its Junior
Gold & Mineral Stocks Shopping Mall. The http://www.insidemetals.com
website information resource now includes 125 listed Junior Gold & Mineral
Stocks.
"Electrical power cuts in South Africa have affected many of the world's
largest gold and platinum mines," said InsideMetals.com Editor, Mike Mapa.
"Actual and predicted reductions in gold and platinum output from these
mines has driven gold and platinum prices to all time highs. Spot gold
recently hit a high of $934 per troy ounce and platinum a historic high of
$2,120 per troy ounce."
Platinum is a very scarce metal and platinum deposits are difficult to find
and develop. InsideMetals.com has identified companies which are
successfully exploring and prospecting for platinum deposits in South
Africa and North America.
The newly featured companies are:
Explorers
Anooraq Resources Corp. is listed on both the American and TSX Venture
Exchanges. On December 24, 2007, Anooraq Resources announced that its
principle shareholder, the Pelawan Trust, has exercised 167,000,000 common
share purchase warrants at a price per common share of C$1.35.
Franconia Minerals Corp. is listed on the Toronto Stock Exchange. On
January 16, 2008, Franconia announced that it has core drilled the longest,
high-grade mineralization to date at its Birch Lake copper-nickel-PGM
project in the Duluth complex in Minnesota. This 246 foot intercept assayed
at 0.77% Cu, 0.21% Ni, and 1.15 grams per tonne PGM (Pt + Pd + Au).
Platinum Group Metals Inc. is listed on both the American and Toronto Stock
Exchanges. On January 22, 2008, Platinum Group announced a progress update
on its Western Bushveld JV in South Africa. Refinements to the mine plan to
increase early production, to optimize capital spending and reduce power
requirements have been recommended. Feasibility study work will continue
into the second quarter.
Prospector
Noront Resources Ltd. is listed on the TSX Venture Exchange. On February 7,
2008, Noront Resources announced it had closed a private placement of
6,500,000 units of Noront for aggregate gross proceeds of $26,000,000.
"Noront Resources is classified as a Prospector, and has made a significant
Cu-Ni-PGM discovery near McFaulds Lake, Ontario," said InsideMetals.com
Editor, Mike Mapa. "Anooraq and Platinum Group are classified as active
Explorers and are developing platinum resources in South Africa with their
respective JV partners. Franconia is rapidly advancing development of its
large Birch Lake, Minnesota Cu-Ni-PGM deposit which is open to the north
and west and exceeds 300 million tonnes."
InsideMetals Junior Gold & Mineral Stocks Shopping Mall makes it easier to
find and obtain access to Junior Gold & Mineral Stocks, which are
development companies, often without revenues, classified according to the
stage of development of their property. The three development stages are:
Prospector, Explorer, and Developer, and are defined on the website at
www.insidemetals.com.
"InsideMetals.com" is organized to provide convenient worldwide access to
detailed value-added Gold and Mineral Stocks information for everyone, from
the average investor to sophisticated stock brokers and fund managers.
Insidemetals.com is fast and easy to use and is designed to save time for
busy investors, fund managers, stock brokers, financial analysts, and
government administrators who need organized up-to-date information about
Gold and Mineral Stocks.
InsideMetals.com now provides U.S Dollar share prices for 34 Gold Producers
Stocks, 11 Mineral Producers stocks and 125 Junior Gold and Mineral stocks.
Easy access to share prices makes InsideMetals.com an even more valuable
resource for busy gold and mineral stocks investors worldwide.
More information about InsideMetals.com can be obtained at
http://www.insidemetals.com.
About InsideMetals.com
InsideMetals.com is an internet website that offers detailed value-added
financial, production, and ore reserve information for key U.S. stock
exchange listed gold, silver, platinum, and palladium producing stocks,
Mineral Producer stocks, and Junior Gold & Mineral stocks that are
exploring for and developing new mines, but do not yet have sales. Access
to the Gold Producer Stocks value-added WORLD VIEW details is available for
a modestly priced monthly or annual subscription. The website includes a
broad range of free value-added information resources.
InsideMetals.com is a division of Whitney & Whitney, Inc., a mining
development services firm based in Reno, Nevada, "the heart of U.S. gold
country." Whitney & Whitney, Inc. is a wholly-owned subsidiary of Itronics
Inc. (OTCBB : ITRO ) (FRANKFURT : ITG ) (BERLIN : ITG ).
VISIT OUR WEB SITE: http://www.insidemetals.com
(Disclaimer: The information published in InsideMetals.com has been
collected from published financial reports, press releases, annual reports,
quarterly reports and applicable regulatory documents (U.S. Security &
Exchange Commission filings), and is believed to be factual and reliable.
Every attempt has been made to ensure that the data contained are accurate
at the time of compilation. However, we make no guarantee as to the
accuracy of the data. Neither Whitney & Whitney, Inc. nor any employee is
responsible for any errors or omissions, or for the results that may be
obtained from the use of this data. Inadvertent errors do occur and
applicable laws, rules, and regulations often change and are subject
interpretation. Neither Whitney & Whitney, Inc., nor InsideMetals.com
provide investment advice and every investor should make independent
decisions or consult with their financial advisor or stock broker. All
information contained is provided for education and guidance on the
financial performance of the listed precious metals mining companies,
mineral producing companies, and junior gold and mineral exploration
companies that are contained within InsideMetals.com. Reliance on this data
is exclusively at the user's risk. Neither Whitney & Whitney, Inc., nor
InsideMetals.com are registered investment advisors, nor are they
affiliated with any investment fund or brokerage house. From time-to-time
members of the staff of Whitney & Whitney, Inc. may own shares in the
reported companies.)