THE PAINTED PIGS MID DAY EXPRESS

Eldorado Gold drills 320 m of 1.49 g/t Au at Kisladag

2010-06-17 11:15 ET - News Release
Mr. Paul Wright reports
ELDORADO EXPLORATION PROGRAMS UPDATE
Eldorado Gold Corp. is providing an update on its 2010 exploration programs, including partial results of drilling programs completed through the end of May. Highlights include:
-- At the Kisladag minesite in Turkey, further definition of a new zone of mineralization adjacent to the southeastern boundary of the deposit, outside of the current pit design;
-- At the Tanjianshan project in China, infill and stepout drilling of the recently discovered 323 zone;
-- At the Efemcukuru development project, systematic stepout drilling defining the Kokarpinar vein over a strike length of 600 meters.
Eldorado's 2010 exploration budget of $35.4 million comprises generative, early stage, advanced, and mine site programs, including drilling programs at all of our present mine operations and development projects except for Perama Hill.
Turkey
Our Turkey exploration budget of $12.4 million includes extensive resource drilling at the Kisladag mine, exploration drilling of new targets at our Efemcukuru development project, and drilling on at least six additional early- to late-stage exploration projects. 

Man does History ever repeat itself, and they are just as stupid today as back then.

http://www.wimp.com/oilspills/

 

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Prize Mining Corporation	PRZ-X	0.020	0.010	50.000
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Vantex Resources Ltd.	VAX-X	0.140	0.030	27.270

 

 

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U.S. jobless claims rise sharply

08:37 EST Thursday, Jun 17, 2010

Washington — The number of people filing new claims for jobless benefits jumped unexpectedly last week after three straight declines, another sign that hiring remains weak.
Initial claims for jobless benefits rose by 12,000 to a seasonally adjusted 472,000, the Labor Department said Thursday. It was the highest level in a month.
First-time claims have hovered near 450,000 since the beginning of the year after falling steadily in the second half of 2009. That has raised concerns that hiring is lacklustre and could slow the recovery. Economists say they will feel more optimistic that the economy is creating jobs once initial claims fall below 425,000 per week.
The four-week average for unemployment claims, which smooths volatility, dipped slightly to 463,500. That's down by 3,750 from the start of January.
The number of people continuing to claim benefits rose by 88,000 to 4.57 million. That doesn't include about 5.2 million people who receive extended benefits paid for by the federal government.
Congress has added 73 weeks of extra benefits on top of the 26 weeks typically provided by states. All told, about 9.7 million people received unemployment insurance in the week ending May 29, the most recent data available.
The extended benefit program expired this month. Congress is debating whether to continue it through the end of November.
Adding to worries about the job market, the Labor Department said earlier this month that the economy generated only 41,000 private-sector jobs in May. That was down from 218,000 in April.
Temporary hiring by the Census Bureau added another 411,000 jobs. The unemployment rate fell to 9.7 per cent from 9.9 per cent.

FRANCE  AND MEXICO up next......

http://www.cbc.ca/sports/soccer/fifaworldcup/