HOT STOCKS ALERT: Rincon Resources (OTC: RIRI), a gold exploration and development company.
+----------------------------+ Rincon Resources (OTC: RIRI) Current price : c0.13 Short term target: a0.50 +----------------------------+ ABOUT RINCON RESOURCES, Inc. Rincon Resources is a newly formed junior gold exploration company focused on the acquisition, discovery and development of gold and precious metals projects worldwide. The Company recognizes the potential of long-term growth in the gold sector, as recent gold price increases will continue fueled by high demand. Rincon Resources (OTC: RIRI) has recently acquired the 'Tudor Gold Property'. The Tudor Property is located in Tudor and Grimsthorpe Townships in the Madoc-Bancroft region of eastern Ontario, Canada. The property consists of 22 contiguous unpatented mining claims containing 60 units covering approximately 2965 acres of land. The Tudor Property is crossed by a series of rhyolite tuffaceous units which extend over 20 kilometres (12.4 miles) through Tudor, Grimsthorpe and Cashel Townships. On the property, entire length of the property and averages 1 to 125 metres (410 ft) wide. In a 3.5 kilometre (2.2 miles) section where the rhyolite unit averages 50 to 125 metres (164 - 410 ft) wide, a series of en echelon fractures ranging 0.5 to 22 metres (1.6 - 72.2 ft) wide form the gold structure called the "Main Prospect." Typical gold-bearing rhyolite is mylonitized, pyrite. In August, Rincon Resources initiated a series of exploration programs for the Tudor Property which focused on the Main Prospect and Vardy - - - Homestake -- Hodgson Zone's. Mr. Graeme F. Scott President of Rincon states, "The exploration focus of Rincon for Phase 1 will be to initially confirm and validate the historical data and move towards evaluating new gold occurrences in a comprehensive manner. Mapping, sampling, prospecting, to a Phase 2 -- 'sizable drill program.' From historical data, Rincon is confident that a resource exists in the Main Prospect and this resource will be enhanced by gold mineralization in the Vardy -- Homestake -- Hodgson Zones." An initial drill program will test depth extensions and lateral continuity of the gold-bearing structures in the Main Prospect and the results will initiate the formation of a database for tonnage and grade calculations. We have heard that the results of the exploration programs are excellent! We expect a continuous flow of huge news announcements detailing the highly profitable chain of events to follow for RIRI in the near future. We can state from our judicious research that we are not alone in viewing RIRI as one of those extremely rare opportunities where the impact of a major news event simultaneously boosts the value of a company while ultimately providing substantial reward for its shareholders. wxknyo
