The acquisition agreement of Siga Resources Inc (SGAE) provides for purchase of the property for $1.5 MM CAD through a schedule of payments over a period of 4.5 years. Under the agreement, Siga grants a 3 percent net smelter royalty to the claim owner. The Lucky Thirteen Placer claim is 168 ha (415 acres) in size. The claim is located on the Union gravel bar on the north bank of the Fraser River.
The claim lies adjacent to both the Trans-Canada Highway and the Canadian Pacific Rail line, making access easy and very low cost. Main power lines also traverse the area. The use of existing infrastructure which Siga will not need to provide has a very favorable affect on overall development, operational and mining costs throughout the projects life. The initial targeted area covers an approximately 50 ha (124 acres) portion of the entire placer claim.
An analysis of the geology and of available past production testing records, and a survey indicates the initial area of interest contains 12 million cubic yards (21 million short tons) of sand and gravels to a depth of 20 meters above sea level. Of course, not all of this volume may produce ore grade values, but analysis of available records shows clearly economic gold, and anomalously high platinum group element values.
Importantly, the platinum values were likely not suspected by most miners and explorers focused on Gold. In any event, recovery methods for metals beyond gold from black sands were crude and not generally available to smaller operators who relied predominantly on gravity separation (panning and sluices) and mercury amalgamation of black sand concentrates.
Siga Resources Inc, founded in 2007, is based in South Lake Tahoe, California. SGAE is a mineral resource exploration and development company. Siga's strategy targets properties that have the potential for near term production and early positive cash flow. Siga's general geographical interest is North and South America.
For more information about SGAE, please visit: sigaresourcesinc.com.
Hill International (NYSE:HIL) announced that David L. Richter, Hill's President and Chief Operating Officer, is scheduled to present at the Credit Suisse 2011 Engineering & Construction Conference. The event will be held on Thursday, June 2, 2011, in New York City. The presentation will not be webcast, but the slides will be available on the "Investor Relations" section of Hill's website at www.hillintl.com.
Hill International, Inc. provides fee-based project management and construction claims services worldwide.
National Health Partners, Inc. (NHPR)
The USA is the "only wealthy, industrialized nation that does not ensure that all citizens have coverage" (i.e., some kind of private or public health insurance). In 2004 the U.S. a Institute of Medicine report observed "lack of health insurance causes roughly 18,000 unnecessary deaths every year in the United States." while a 2009 Harvard study estimated that 44,800 excess deaths occurred annually due to lack of health insurance. NHPR currently offers five standard CARExpress membership programs that provide benefits that range from prescription drug and vision care to comprehensive physician, hospital, vision, dental and other care.
National Health Partners, Inc. is a national healthcare savings organization that provides discount healthcare membership programs to uninsured and underinsured people through a national healthcare savings network called "CARExpress."
CARExpress is one of the largest networks of hospitals, doctors, dentists, pharmacists and other healthcare providers in the country and is comprised of over 1,000,000 medical professionals that belong to such PPOs as CareMark and Aetna.
National Health Partners, Inc's primary target customer group is the 47 million Americans who have no health insurance of any kind. The company's secondary target customer group includes the millions of Americans who lack complete health insurance coverage. National Health Partners, Inc headquartered is in Horsham, Pennsylvania.
National Health Partners Inc. recently announced that it has signed a new agreement with a major marketing company that will significantly enhance the growth of its CARExpress membership base.
According to the Company, this deal, in combination with the previous partnership with Xpress Healthcare, will enable the company to build its membership base exponentially, initially generating in excess of an additional 2,000 new members per month. The new campaign is set to launch within the next few weeks and will provide a material positive impact on the company's 2nd quarter sales.
National Health Partners anticipate that this new marketing agreement will provide a major impact on their overall sales not only for the 2nd quarter, but more importantly for the year. They look forward to building on the profits that they anticipate generating in 2011 that will be driven by substantial growth in sales of their CARExpress health discount programs. The combination of their substantial growth with their low price-to-equity ratio should reflect itself in the price of their stock over the coming months.
National Health Partners, Inc.'s shares are publicly traded on the OTCBB under the ticker symbol NHPR.OB.
For more information on the company, please visit its website at www.nationalhealthpartners.com.
Office Depot (NYSE:ODP) announced that its Board of Directors has named Neil Austrian as Chairman and Chief Executive Officer. Austrian previously served as Interim Chairman and Chief Executive Officer of Office Depot. He has been in that role since November 1, 2010, leading the Company while the Board conducted a search for a permanent CEO.
Office Depot, Inc., together with its subsidiaries, supplies office products and services. Its North American Retail division sells an assortment of merchandise, such as general office supplies, computer supplies, business machines and related supplies, Ativa, Break Escapes, Niceday, and Worklife through its chain of office supply stores.
Concord Medical Services Holdings Limited (NYSE:CCM) announced its unaudited consolidated financial results for the first quarter ended March 31, 2011 (1). Total net revenues in the first quarter of 2011 were RMB87.4 million ($13.3 million), a 14.7% increase from the corresponding period in 2010. Gross profit in the first quarter of 2011 was RMB54.7 million ($8.4 million), an 11.3% increase from the corresponding period in 2010.
Concord Medical Services Holdings Limited, through its subsidiaries, operates a network of radiotherapy and diagnostic imaging centers in the People's Republic of China.
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