Mining News

<body topmargin=0 leftmargin=0 marginheight=0 marginwidth=0> <table cellpadding=0 cellspacing=0 border=0><tr> <td valign="top" colspan=2 height=84 BGCOLOR="#CCCCFF" TEXT="#080000" bgproperties="fixed" background="33000660egdysm.jpg"> <div> <FONT SIZE="5" COLOR="#000066" FACE="Arial" ><B>Rich River Exploration Ltd. </B></FONT><FONT SIZE="5" COLOR="#000099" FACE="Arial" ><B> </B></FONT><FONT SIZE="1" COLOR="#000099" FACE="Arial" ><B>    |   </B></FONT><FONT SIZE="4" COLOR="#000099" FACE="Arial" ><B> </B></FONT><B> </B><A HREF="index.htm" TARGET="_top" TITLE="Rich River Exploration Ltd. 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"><U><B>home</B></U></A></div> <DIV ALIGN="LEFT"></DIV> <div> <B><IMG SRC="1e29c3f0.png" border=0 width="156" height="63" ALIGN="BOTTOM" HSPACE="0" VSPACE="0"></B></div> <div> <B> <HTML><HEAD> <script language="javascript"> function click(e) { if (navigator.appName == 'Netscape' && e.which == 3) { alert("Copyright Protected") return false; } else { if (navigator.appName == 'Microsoft Internet Explorer' && event.button==2) alert("Copyright Protected") return false; } return true; } document.onmousedown=click </script> </HEAD> <BODY> Rich River Exploration Ltd. </BODY></HTML>  </B></div> </td> <td valign="top" height=396 BGCOLOR="#FFFFCC" TEXT="#080000" bgproperties="fixed" background="4cf80803.jpg"> <div> <B>Rich River Exploration Ltd. </B><FONT SIZE="1" COLOR="#333399" FACE="Arial" >      </FONT><FONT SIZE="1" COLOR="#333399" FACE="Copperplate Gothic Bold" >  </FONT></div> <div> <B>Mining News</B></div> <bR> <div> <IMG SRC="7aabc490.png" border=0 width="188" height="73" ALIGN="BOTTOM" HSPACE="0" VSPACE="0">                 </div> <DIV ALIGN="LEFT"></DIV> <div> <IMG SRC="e74a3760.png" border=0 width="163" height="118" ALIGN="BOTTOM" HSPACE="0" VSPACE="0"></div> <div> <B><U>Gold Facts</U></B></div> <bR> <div> <B><IMG BORDER="0" SRC="Symb075c00b700dc00000000.png" HEIGHT="15" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">1 grain = .0648 grams </B></div> <div> <B><IMG BORDER="0" SRC="Symb075c00b700dc00000000.png" HEIGHT="15" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">24 grains = 1.5552 grams = 1 Penny Weight (dwt) </B></div> <div> <B><IMG BORDER="0" SRC="Symb075c00b700dc00000000.png" HEIGHT="15" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">480 grains = 31.10 grams = 20 Penny Weight = 1 troy oz</B><B> </B></div> <div> <B><IMG BORDER="0" SRC="Symb075c00b700dc00000000.png" HEIGHT="15" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">5760 grains = 373.24 grams = 240 Penny weight = 12 troy oz= 1 troy lb</B></div> <DIV ALIGN="LEFT"></DIV> <div> <B><IMG SRC="78ca36c0.png" border=0 width="163" height="108" ALIGN="BOTTOM" HSPACE="0" VSPACE="0"></B></div> <div> <B><IMG BORDER="0" SRC="Symb075c00b700dc00000000.png" HEIGHT="15" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">Color</B><B> is golden "butter" yellow. </B></div> <div> <B><IMG BORDER="0" SRC="Symb075c00b700dc00000000.png" HEIGHT="15" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">Luster</B><B> is metallic. </B></div> <div> <B><IMG BORDER="0" SRC="Symb075c00b700dc00000000.png" HEIGHT="15" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">Transparency</B><B> is opaque. </B></div> <div> <B><IMG BORDER="0" SRC="Symb075c00b700dc00000000.png" HEIGHT="15" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">Crystal System</B><B> is isometric</B></div> <div> <B><IMG BORDER="0" SRC="Symb075c00b700dc00000000.png" HEIGHT="15" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">Crystal Habits</B><B> include massive nuggets and disseminated grains. </B></div> <div> <B>       Also wires, dendritic and arborescent crystal clusters. </B></div> <div> <B><IMG BORDER="0" SRC="Symb075c00b700dc00000000.png" HEIGHT="15" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">Cleavage</B><B> is absent. </B></div> <div> <B><IMG BORDER="0" SRC="Symb075c00b700dc00000000.png" HEIGHT="15" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">Fracture</B><B> is jagged. </B></div> <div> <B><IMG BORDER="0" SRC="Symb075c00b700dc00000000.png" HEIGHT="15" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">Streak</B><B> is golden yellow. </B></div> <div> <B><IMG BORDER="0" SRC="Symb075c00b700dc00000000.png" HEIGHT="15" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">Hardness</B><B> is 2.5 - 3 </B></div> <div> <B><IMG BORDER="0" SRC="Symb075c00b700dc00000000.png" HEIGHT="15" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">Specific Gravity</B><B> is 19.3+ </B><B>(extremely heavy even for metallic minerals) </B></div> <bR> <div> <B><IMG BORDER="0" SRC="Symb075c00b700dc00000000.png" HEIGHT="15" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">Other Characteristics:</B><B>  malleable, </B><B>ductile, </B><B>and sectile, meaning it can be pounded into other shapes, stretched into a wire and cut into slices. </B></div> <div> <B><IMG BORDER="0" SRC="Symb075c00b700dc00000000.png" HEIGHT="15" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">Notable Occurrences</B><B> include California and South Dakota, USA; Siberia, Russia; South Africa; </B><B>Canada</B><B> </B><B>and many other localities around the world. </B></div> <div> <B><IMG BORDER="0" SRC="Symb075c00b700dc00000000.png" HEIGHT="15" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">Best Field Indicators</B><B> are color, s</B><B>pecific gravity, </B><B>density, hardness, </B><B>malleability and ductility</B><FONT SIZE="3" COLOR="#000000" FACE="Arial" ><B>. </B></FONT><B>  </B></div> <bR> <div> <B><IMG BORDER="0" SRC="Symb075c00b700f000000000.png" HEIGHT="16" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">A cubic centimetre of gold weighs 19.3 grams.</B></div> <div> <B><IMG BORDER="0" SRC="Symb075c00b700f000000000.png" HEIGHT="16" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">A cubic meter of gold weighs 19.3 tonnes.</B></div> <div> <B><IMG BORDER="0" SRC="Symb075c00b700f000000000.png" HEIGHT="16" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">A cubic inch of gold weighs 315.2 grams = 10.13 troy</B></div> <div> <B>      ounces = 11.06 avoirdupois (ordinary) ounces.</B></div> <div> <B><IMG BORDER="0" SRC="Symb075c00b700f000000000.png" HEIGHT="16" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">A cubic foot of gold weighs 545.225 kilos = 1188.6</B></div> <div> <B>      pounds (avoirdupois). </B></div> <DIV ALIGN="LEFT"></DIV> <div> <B>Purity  </B></div> <div> <B>24 Karat = 100% Pure Gold </B></div> <div> <B>18 Karat = 75%  Pure Gold </B></div> <div> <B>14 Karat  = 58%  Pure Gold </B></div> <div> <B>10 Karat = 42%  Pure Gold</B></div> <bR> <div> <B><IMG SRC="783cd0b0.png" border=0 width="461" height="11" ALIGN="BOTTOM" HSPACE="0" VSPACE="0"></B></div> <bR> <div> <B>BC MINING FACTS</B></div> <bR> <div> <B><IMG BORDER="0" SRC="Symb075c00b700f000000000.png" HEIGHT="16" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">The mining industry is a major contributor to the BC and Canadian economy in the form of employment, taxes and exports. </B></div> <div> <B><IMG BORDER="0" SRC="Symb075c00b700f000000000.png" HEIGHT="16" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">Mining is a 4.5 billion dollar industry in British Columbia. </B></div> <div> <B><IMG BORDER="0" SRC="Symb075c00b700f000000000.png" HEIGHT="16" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">Across Canada, mining generates more than 50% of rail revenue and accounts for over 60% of total sea port volume. </B></div> <div> <B><IMG BORDER="0" SRC="Symb075c00b700f000000000.png" HEIGHT="16" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">Mining jobs are the highest paid jobs in the resource sector, averaging $94,700 per year including benefits The industry creates 6,442 direct jobs and more than 12,000 indirect jobs. </B></div> <div> <B><IMG BORDER="0" SRC="Symb075c00b700f000000000.png" HEIGHT="16" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">BC companies fund, develop and operate mining projects worldwide. </B></div> <div> <B><IMG BORDER="0" SRC="Symb075c00b700f000000000.png" HEIGHT="16" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">An environmentally and socially responsible industry, committed to the principles of sustainability. </B></div> <div> <B><IMG BORDER="0" SRC="Symb075c00b700f000000000.png" HEIGHT="16" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">The mineral potential in BC is considered to be among the most promising in the world. </B></div> <div> <B><IMG BORDER="0" SRC="Symb075c00b700f000000000.png" HEIGHT="16" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">Actual land usage for a mine is extremely small relative to the area explored – less than 28,000 hectares are currently being used by mining which is less than 0.03% of BC's total land base </B></div> <div> <B><IMG BORDER="0" SRC="Symb075c00b700f000000000.png" HEIGHT="16" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">Mining lands are reclaimed and create new habitat for wildlife. </B></div> <div> <B><IMG BORDER="0" SRC="Symb075c00b700f000000000.png" HEIGHT="16" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">Prior to 2004, the last new mine to open up in BC was in 1998. </B></div> <bR> <div> <B>About BC Mineral Exploration</B></div> <bR> <div> <B><IMG BORDER="0" SRC="Symb075c00b700f000000000.png" HEIGHT="16" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">Total mineral exploration investment in 2004 was over $130 million compared to just $29 million in 2001. This is an increase of almost 350% and the highest level since 1991. </B></div> <div> <B><IMG BORDER="0" SRC="Symb075c00b700f000000000.png" HEIGHT="16" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">Direct provincial revenues from mining increased from $53.9 million in 2001 to an estimated $115.9 million in 2004, an increase of over 115%. </B></div> <div> <B><IMG BORDER="0" SRC="Symb075c00b700f000000000.png" HEIGHT="16" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">Provincial mineral tax revenues rose from $44.7 million in 2001 to a forecast $107 million in 2004, an increase of over 139%. </B></div> <bR> <DIV ALIGN="LEFT"></DIV> <div> <B><IMG SRC="10a272090.gif" border=0 width="370" height="9" ALIGN="BOTTOM" HSPACE="0" VSPACE="0"></B></div> <bR> <div> <B>Diamond News</B></div> <div> <B><IMG SRC="e7190680.png" border=0 width="144" height="104" ALIGN="BOTTOM" HSPACE="0" VSPACE="0"></B></div> <div> <B> <TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0><TR><TD height=15 width=94></TD><TD rowspan=2 width=75><a href='http://www.idexonline.com' target='_blank' border=0><IMG alt='international diamond and jewelry exchange' src=http://www.idexonline.com/Affiliate/News_Box/a_center.gif border=0 width=75 height=76></a></TD><TD height=15 width=94></TD></TR><TR ><TD style=padding-left:4px;align=right valign=bottom background=http://www.idexonline.com/Affiliate/News_Box/bcg.gif><TABLE height=52 WIDTH=100% height=100% BORDER=0 CELLSPACING=0 CELLPADDING=0><TR><TD style='border-left:2px solid #6B556B;border-top:2px solid #6B556B' align=right valign=bottom><IMG src=http://www.idexonline.com/Affiliate/News_Box/a_left.gif width=14 height=52></TD></TR></TABLE></TD><TD style=padding-right:4px; align=left valign=bottom background=http://www.idexonline.com/Affiliate/News_Box/bcg.gif><TABLE height=52 WIDTH=100% height=100% BORDER=0 CELLSPACING=0 CELLPADDING=0><TR><TD style='border-top:2px solid #6B556B;border-right:2px solid #6B556B' align=left valign=bottom><IMG src=http://www.idexonline.com/Affiliate/News_Box/a_right.gif width=15 height=52></TD></TR></TABLE></TD></TD></TR><TR><TD background=http://www.idexonline.com/Affiliate/News_Box/bcg.gif style=padding-left:4px;padding-bottom:4px;padding-right:4px; colspan=3><TABLE bgcolor=white height=90 BORDER=0 CELLSPACING=0 CELLPADDING=0><TR><TD width=241 style='padding:5px;border-top:1px solid #BD7963;border-left:2px solid #6B556B;border-right:2px solid #6B556B;border-bottom:2px solid #6B556B;'><SCRIPT LANGUAGE=javascript src=http://www.idexonline.com/Affiliate/News_Box/News_Box_2.asp></SCRIPT></TD></TR></TABLE></TD></TR></TABLE>  </B></div> <div> <B>   </B></div> <bR> <div> <B>Daily Metal Quotes and Mining Industry News</B></div> <bR> <DIV ALIGN="LEFT"></DIV> <div> <B>Gold</B><FONT SIZE="5" COLOR="#0000CC" FACE="Copperplate Gothic Bold" ><B>        </B></FONT><FONT SIZE="5" COLOR="#808080" FACE="Copperplate Gothic Bold" ><B>Silver</B></FONT></div> <div>  <A HREF="http://www.kitco.com/connecting.html"><IMG SRC="http://kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif" BORDER="0" ALT="[Most Recent Quotes from www.kitco.com]"></A> <A HREF="http://www.kitco.com/connecting.html"> <IMG SRC="http://kitconet.com/charts/metals/silver/t24_ag_en_usoz_2.gif" BORDER="0" ALT="[Most Recent Quotes from www.kitco.com]"> </A>  </div> <bR> <div> <B>Platinum </B><FONT SIZE="4" COLOR="#000000" FACE="Copperplate Gothic Bold" ><B>      Palladium</B></FONT></div> <div>  <A HREF="http://www.kitco.com/connecting.html"> <IMG SRC="http://kitconet.com/charts/metals/platinum/t24_pt_en_usoz_2.gif" BORDER="0" ALT="[Most Recent Quotes from www.kitco.com]"> </A> <A HREF="http://www.kitco.com/connecting.html"> <IMG SRC="http://kitconet.com/charts/metals/palladium/t24_pd_en_usoz_2.gif" BORDER="0" ALT="[Most Recent Quotes from www.kitco.com]"></A>  </div> <bR> <div> <B>Base Metals</B></div> <div>  <!START theFinancials.com Content> <!copyright theFinancials.com - All Rights Reserved> <script LANGUAGE='JavaScript' SRC='http://www.theFinancials.com/js/Thumbnails.js'> </script> <script LANGUAGE='JavaScript' SRC='http://www.theFinancials.com/free/EXh_Commodity_BaseMetals.js'> </script> <script LANGUAGE='JavaScript'> //!-- document.writeln(EXh_Commodity_BaseMetals('richriver')); 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