Archive for the ‘Golden Dawn’ Category

Golden Dawn Minerals Inc (GOM.V) Needle Moving 1.92% – The Times

Shares ofGolden Dawn Minerals Inc (GOM.V) is moving on volatility today1.92% or 0.005 rom the open.TheTSXV listed companysaw a recent bid of0.265 on11000 volume.

Investors may be looking into the crystal ball trying to calculate where the equity market will be shifting as we move into the second half of the year. Investors may be hard pressed to find bargains with the markets still riding high. Sometimes, keeping it simple may be exactly what the doctor ordered when approaching the markets. Focusing on relevant data instead of information that breezes through may make a huge difference for the individual investor. Focusing on companies that have strong competitive advantages may help fight off unwelcome surprises that often come with uncertain economic landscapes. Focusing on the long-term might be right for some investors. Developing a good safety margin may also help keep the important investing factors in focus. Covering all the bases may help increase the odds of success when trading equities.

Taking a deeper look into the technical levels ofGolden Dawn Minerals Inc (GOM.V), we can see thatthe Williams Percent Range or 14 day Williams %R currently sits at -83.33. The Williams %R oscillates in a range from 0 to -100. A reading between 0 and -20 would point to an overbought situation. A reading from -80 to -100 would signal an oversold situation. The Williams %R was developed by Larry Williams. This is a momentum indicator that is the inverse of the Fast Stochastic Oscillator.

Golden Dawn Minerals Inc (GOM.V) currently has a 14-day Commodity Channel Index (CCI) of -270.18. Active investors may choose to use this technical indicator as a stock evaluation tool. Used as a coincident indicator, the CCI reading above +100 would reflect strong price action which may signal an uptrend. On the flip side, a reading below -100 may signal a downtrend reflecting weak price action. Using the CCI as a leading indicator, technical analysts may use a +100 reading as an overbought signal and a -100 reading as an oversold indicator, suggesting a trend reversal.

The RSI, or Relative Strength Index, is a widely used technical momentum indicator that compares price movement over time. The RSI was created by J. Welles Wilder who was striving to measure whether or not a stock was overbought or oversold. The RSI may be useful for spotting abnormal price activity and volatility. The RSI oscillates on a scale from 0 to 100. The normal reading of a stock will fall in the range of 30 to 70. A reading over 70 would indicate that the stock is overbought, and possibly overvalued. A reading under 30 may indicate that the stock is oversold, and possibly undervalued. After a recent check, Golden Dawn Minerals Incs 14-day RSI is currently at 38.19, the 7-day stands at 33.12, and the 3-day is sitting at 30.06.

Currently, the 14-day ADX for Golden Dawn Minerals Inc (GOM.V) is sitting at 11.02. Generally speaking, an ADX value from 0-25 would indicate an absent or weak trend. A value of 25-50 would support a strong trend. A value of 50-75 would identify a very strong trend, and a value of 75-100 would lead to an extremely strong trend. ADX is used to gauge trend strength but not trend direction. Traders often add the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) to identify the direction of a trend.

In technical analysis prices of securities tend to move in observable trends with a tendency to stay in the trend. The trend is considered to be intact until the trend line is broken. After a trend has been established, the future price movement is more likely to be in the same direction as the trend than to be against it. This is where the old adage the trend is your friend comes from, meaning you should trade in the same direction as the trend.

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Golden Dawn Minerals Inc (GOM.V) Needle Moving 1.92% – The Times

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June 15, 2017   Posted in: Golden Dawn  Comments Closed

Active Runner in Focus: GOLDEN DAWN MINERALS (3G8A.DE) – Union Trade Journal

Shares ofGOLDEN DAWN MINERALS (3G8A.DE) is moving on volatility today-10.00% or -0.02 rom the open.TheXETRA listed companysaw a recent bid of0.18 on4500 volume.

Occasionally, investors may feel like they are riding on a wild roller coaster when dealing with the stock market. Controlling emotions when taking the ride may assist with making necessary decisions when the time comes. Many investors choose to do thorough research when purchasing any stock. Knowing what is owned and why it is owned may help ease the mind when things get sticky. When the market is riding high and there is generally smooth sailing on the investing seas, individual investors may have the tendency to get complacent. Being prepared for any situation may help ease the stress of big market decision making. There may be a time when it seems like everything is going off the rails, but having an actual game plan for management and recovery could make a huge difference both financially and psychologically.

Digging deeping into the GOLDEN DAWN MINERALS (3G8A.DE) s technical indicators, we note that the Williams Percent Range or 14 day Williams %R currently sits at -100.00. The Williams %R oscillates in a range from 0 to -100. A reading between 0 and -20 would point to an overbought situation. A reading from -80 to -100 would signal an oversold situation. The Williams %R was developed by Larry Williams. This is a momentum indicator that is the inverse of the Fast Stochastic Oscillator.

Technical analysis is the study of what has happened to the price of a security in the past with the expectation that history tends to repeat itself. Many of the charts patterns in technical analysis have been used for more than 100 years, they are still believed to be relevant because they illustrate patterns in price movements that often repeat themselves. The repetitive nature of price movements is attributed to market psychology.

GOLDEN DAWN MINERALS (3G8A.DE) currently has a 14-day Commodity Channel Index (CCI) of -113.35. Active investors may choose to use this technical indicator as a stock evaluation tool. Used as a coincident indicator, the CCI reading above +100 would reflect strong price action which may signal an uptrend. On the flip side, a reading below -100 may signal a downtrend reflecting weak price action. Using the CCI as a leading indicator, technical analysts may use a +100 reading as an overbought signal and a -100 reading as an oversold indicator, suggesting a trend reversal.

Currently, the 14-day ADX for GOLDEN DAWN MINERALS (3G8A.DE) is sitting at 12.33. Generally speaking, an ADX value from 0-25 would indicate an absent or weak trend. A value of 25-50 would support a strong trend. A value of 50-75 would identify a very strong trend, and a value of 75-100 would lead to an extremely strong trend. ADX is used to gauge trend strength but not trend direction. Traders often add the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) to identify the direction of a trend.

The RSI, or Relative Strength Index, is a widely used technical momentum indicator that compares price movement over time. The RSI was created by J. Welles Wilder who was striving to measure whether or not a stock was overbought or oversold. The RSI may be useful for spotting abnormal price activity and volatility. The RSI oscillates on a scale from 0 to 100. The normal reading of a stock will fall in the range of 30 to 70. A reading over 70 would indicate that the stock is overbought, and possibly overvalued. A reading under 30 may indicate that the stock is oversold, and possibly undervalued. After a recent check, the 14-day RSI for GOLDEN DAWN MINERALSis currently at 43.23, the 7-day stands at 42.31, and the 3-day is sitting at 37.75.

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Active Runner in Focus: GOLDEN DAWN MINERALS (3G8A.DE) – Union Trade Journal

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June 14, 2017   Posted in: Golden Dawn  Comments Closed

M&As this week: Golden Dawn Minerals, Yunnan Aluminium, Worthington Industries – Mining Technology

Golden Dawn Minerals has signed a letter of intent (LoI) with Advanced Mineral Technology to acquire BGP Resources for $200,000 in cash and $200,000 in common shares.

Following the acquisition, Golden Dawn will gain interest in the 234ha Lone Star copper-gold property, which hosts a series of lode claims and private mineral claims in northern Washington State.

The property is adjacent to GDMs Greenwood Precious Metals project.

Yunnan Aluminiumhas announced plans to acquire 41% stake in carbon asset management company, Yunnan Sub-Energy Carbon Asset Management.

“The purchase consideration for the acquisition is $283m.”

Both companies involved in the transaction are based in China.

Diversified metals manufacturing companyWorthington Industrieshas announced the acquisition of pressure cylinders and water system tanks manufacturing company, AMTROL.

The purchase consideration for the acquisition is $283m.

Both companies involved in the acquisition are based in the US.

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M&As this week: Golden Dawn Minerals, Yunnan Aluminium, Worthington Industries – Mining Technology

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June 9, 2017   Posted in: Golden Dawn  Comments Closed

Relative Strength in Focus: Golden Dawn Minerals (GDMRF) – Nelson Research

Relative strength is a momentum-investing technique that compares the performance of a stock to that of the overall market. Traders and investors can target the strongest performers as compared to the market overall, creating investment recommendations by using specific calculations. Relative strength assumes a stock whose price has been moving upward will continue to rise. Traders and investors who use relative strength have specific entry and exit strategies. Traders and investors using this technique buy securities that show signs of strength and then sell them as when they begin to appear weak. Relative strength is also applied to more complex strategies. Investors use relative strength in order to single out top performers within a group of potential investments, comparing the performance of each commodity to other securities or to a specific benchmark index. There are multiple ways to calculate relative. Relative strength doesnt take into account the risk assessment with a particular investment. Golden Dawn Minerals (GDMRF)s Nine-Day Relative Strength is28.48% and its Fourteen-Day Relative Strength is 36.49%. Looking back further, Twenty-Day Relative Strength is41.66% and its Fifty-Day Relative Strength is41.66%. Finally, its One-Hundred-Day Relative Strength is 52.89%.

The Open is the start of trading on a securities exchange. The open indicates the start of an official business day for an exchange, meaning that transactions may begin for the day. The different exchanges have different opening times. Golden Dawn Minerals (GDMRF) opened at $0.202. Its high for the day was $0.202, its low was $0.202 and last trade price was $0.202. Standard Deviation is a measure of the current average variability of return. A move of (plus or minus) 1 std deviation means a 33% odds for a major price move, whereas a move of (plus or minus) 3 std deviations means a 1% odds for a major price move. Golden Dawn Minerals (GDMRF)s Standard Deviation is -1.14.

Weighted Alpha is a measure of how much a stock has risen or fallen over a one-year period with a higher weighting for recent price activity. Golden Dawn Minerals (GDMRF)s Weighted Alpha is -24.95. Golden Dawn Minerals (GDMRF)s TrendSpotter Opinion, the signal from Trendspotter, a Barchart trend analysis system that uses wave theory, market momentum & volatility in an attempt to find a general trend, is Sell.

Barchart Opinions show investors what a variety of popular trading systems are suggesting. These Opinions take up to 2 years worth of historical data and runs the prices through thirteen technical indicators. After each calculation, a buy, sell or hold value for each study is assigned, depending on where the price is in reference to the interpretation of the study. Todays opinion, the overall signal based on where the price lies in reference to the common interpretation of all 13 studies, for Golden Dawn Minerals (GDMRF) is 56% Sell. Relative Strength is part of technical analysis. Technical analysis is a trading tool used to judge securities as well as attempt to forecast their future moves by analyzing trading activity statistics like volume and price fluctuations. Where fundamental analysts attempt to evaluate the intrinsic value of a security, technical analytics observe charts of price movements and forecast future price movements through various analytical tools to evaluate a securitys strength or weakness.

Technical analysts believe in the idea that price changes of a security and past trading activity are better indicators of that given securitys future price movements than simply the intrinsic value of said security. Technical analysis was created out of simple concepts learned from Dow Theory, the theory of trading market movements that originated from the early writings of Charles Dow. The two basic assumptions of Dow Theory say analysis are: 1.) market price discounts all the factors that could influence a securitys price and: 2.) market price movements are not simply random but move in an identifiable pattern and that repeat over time. The first assumption, that price discounts everything, means the market price of a commodity at any given point in time perfectly reflects all available information, and re represents the securitys true fair value. It is based on the idea the market price always reflects the sum total knowledge of the market.

The second basic assumption, the notion that price changes are not just random, leads to the belief that both short term and long term market trends can be identified, allowing traders to profit from investing when following the existing trend. Technical analysis is used in order to forecast the price movement of all tradable instruments that are subject to the forces of supply and demand, including currency pairs, bonds, stocks, and futures. Technical analysis can be viewed simply as the study of supply and demand as reflected in market price movements of securities. It is usually applied to price changes, though analysts may also track numbers other than price, such as open interest figures or trading volume.

Many technical indicators have been developed by analysts over the years in an attempt to forecast future price movements accurately. Some indicators are focused on determining the how strong a trend is and also the possibility of its continuation while other indicators focus on identifying current market trends, including resistance areas and support. Commonly used technical indicators include moving averages, trendlines, and momentum indicators like the moving average convergence divergence (MACD) indicator. Technical analysts apply these indicators to charts of differing timeframes. Short-term traders may use charts covering one-minute timeframes to hourly or even four-hour timeframes, and traders analyzing more long-term price movements look over daily, weekly or monthly charts.

Disclaimer: The advice provided on this website is general advice only. It has been prepared without taking into account your objectives, financial situation or needs. Before acting on this advice you should consider the appropriateness of the advice, having regard to your own objectives, financial situation and needs. Where quoted, past performance is not indicative of future performance.

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Relative Strength in Focus: Golden Dawn Minerals (GDMRF) – Nelson Research

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June 7, 2017   Posted in: Golden Dawn  Comments Closed

Golden Dawn to acquire BGP Resources – Mining Technology

Golden Dawn Minerals has signed a letter of intent (LoI) to acquire BGP Resources from Advanced Mineral Technology.

Through the acquisition, Golden Dawn will gain interest in BGPs Lone Star Property subject to a 2.5% net smelter return (NSR).The transaction involves $200,000 in cash and $200,000 in common shares.

Located contiguous to Golden Dawns Greenwood Precious Metals project, the 234ha Lone Star copper-gold property hosts a series of lode claims and private mineral claims in northern Washington State.

In addition, it is located 17km south of Golden Dawns processing facility and lies adjacent to the southern boundary of the companys Lexington Property.

The geology and accompanying gold-copper mineralisation on the Lexington Property extends onto the Lone Star property, forming a 3km-long prospective exploration trend of gold-copper mines and prospects, including Lexington-Grenoble, Lexington, No 7 and Lone Star Mines.

Copper-gold zones at Lone Star are composed of sheeted and stockwork pyrite-chalcopyrite veins, veinlets and disseminations carrying gold.

“Inferred resources at the property were identified to be 682,000t, while the indicated resource stood at 63,000t.”

According to an estimate in 2007, the inferred resources at the property were identified to be 682,000t, while the indicated resource stood at 63,000t.

Completion of the transaction is subject to regulatory approval.

Advanced Mineral Technology currently owns 100% of the issued and outstanding common shares of BGP Resources.

In addition to the agreement, Golden Dawn closed the private placement process over two tranches, raising $1.76m, to be spent on surface and underground drilling programme on the Greenwood Precious Metals project.

Image: Golden Dawn Minerals Greenwood projects map. Photo: courtesy of Golden Dawn Minerals Inc.

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Golden Dawn to acquire BGP Resources – Mining Technology

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June 6, 2017   Posted in: Golden Dawn  Comments Closed

Golden Dawn Announces LOI to Acquire the Copper-Gold Lone Star Property – Marketwired (press release)

VANCOUVER, BC–(Marketwired – June 02, 2017) – Wolf Wiese, CEO of Golden Dawn Minerals Inc., (TSX VENTURE: GOM) (FRANKFURT: 3G8A) (OTC PINK: GDMRF) (the “Company” or “Golden Dawn”) announces that the Company has signed a non-binding LOI with Advanced Mineral Technology Inc. (the “Vendor”), who owns 100% of the issued and outstanding common shares of BGP Resources Inc. (“BGP” and the “BGP Shares”).

Golden Dawn is acquiring the Lone Star Property through the acquisition of BGP Resources Ltd., a private Washington State corporation which holds 100% interest in the Lone Star Property subject to a 2.5% NSR. In consideration and subject to Regulatory Approval, the Company will pay the Vendor $200,000 in cash and $200,000 in common shares at a price to be determined by the average trading price of the Company’s common shares on the TSX Venture Exchange prior to the announcement of the Letter of Intent.

The Lone Star Property is contiguous to the Company’s Greenwood Precious Metals Project located in the Greenwood Mining District, 500 km east of Vancouver, B.C. on Highway #3. The Company’s 100% owned processing facility is 17 km to the north of Lone Star. The 234 hectare Lone Star copper-gold property, composed of a series of patented lode claims and private mineral claims in northern Washington State, lies adjacent to the southern boundary of Golden Dawn’s advanced stage Lexington Property.

View map at: http://www.goldendawnminerals.com/wp-content/uploads/2017/06/Lonestar_map.jpg

The geology, both in rock types and structure, as well as the accompanying gold-copper mineralization on the Lexington Property continues south onto the Lone Star Property, forming a 3 kilometre long prospective exploration trend of past producing gold-copper mines and prospects, including Lexington-Grenoble, Lexington, No. 7 and Lone Star Mines. The past producing Lone Star Mine operated over two time periods; from 1897-1918 producing 146,540 tonnes, and from 1977-1978 by Granby Mining Co. where they trucked over 400,000 tonnes from the Lone Star open pit to its Phoenix mill.

Numerous exploration companies saw additional copper-gold potential on the property, post-Granby. Exploration across the Lone Star Property to date includes 252 diamond and percussion drill holes for a total of 23,702 metres of drilling. Most recently, in 2006, Merit Mining Corp. (Merit) conducted a diamond drilling program adjacent to the Lone Star open pit and interpreted a series of eight shallow to moderately dipping en echelon and overlapping copper-gold zones hosted within a dacitic and minor serpentinite unit, very similar to the Lexington-Grenoble Mine. Zones are composed of sheeted and stockwork pyrite-chalcopyrite veins, veinlets and disseminations carrying gold. Many zones in the Lone Star deposit remain open and untested to fully define their extent.

An historic resource estimate exists for the Lone Star deposit. In 2007, Merit commissioned P&E Mining Consultants Inc. (“P&E”) to prepare an NI 43-101 mineral resource. Three dimensional (3-D) modeling methods and parameters were employed in accordance with principles accepted in Canada. A wireframed geological model was created from drillhole logs and interpretations supplied by Merit and audited and accepted by P&E. Statistical and grade continuity analyses were completed by P&E to characterize the mineralization and subsequently used to develop grade interpolation parameters. Gemcom modeling software was used for establishing the 3-D block model and subsequent grade estimates. Grade capping was used to restrict the influence of statistical outliers during Inverse Distance Squared (1/d2) application of block grades. An interpolated density model was generated by P&E from data measurements collected by Merit. On September 23, 2007, Merit reported a resource estimate as follows:

2007 Lone Star Resource Estimate

(cut-off grade: 1.5% Cu (CuEq) or 5.0 g Au/t equivalent AuEq)

(P&E Mining Consultants Inc.; effective date 23 September, 2007)

A qualified person has not done sufficient work to classify the historic estimate as current mineral resources or mineral reserves. As such the issuer, Golden Dawn, is not treating this historical estimate as current mineral resources or mineral reserves.

Technical disclosure in this news release has been approved by Dr. Mathew Ball, P.Geo., a Qualified Person as defined by National Instrument 43-101, and Chief Operating Officer of the Company.

On behalf of the Board of Directors: GOLDEN DAWN MINERALS INC.”Wolf Wiese” Wolf Wiese Chief Executive Officer

THIS PRESS RELEASE WAS PREPARED BY MANAGEMENT WHO TAKES FULL RESPONSIBILITY FOR ITS CONTENTS. NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. THIS DOCUMENT CONTAINS CERTAIN FORWARD LOOKING STATEMENTS WHICH INVOLVE KNOWN AND UNKNOWN RISKS, DELAYS, AND UNCERTAINTIES NOT UNDER THE COMPANY’S CONTROL WHICH MAY CAUSE ACTUAL RESULTS, PERFORMANCE OR ACHIEVEMENTS OF THE COMPANY TO BE MATERIALLY DIFFERENT FROM THE RESULTS, PERFORMANCE, OR ACHIEVEMENTS IMPLIED BY THESE FORWARD LOOKING STATEMENTS. WE SEEK SAFE HARBOR.

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Golden Dawn Announces LOI to Acquire the Copper-Gold Lone Star Property – Marketwired (press release)

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June 6, 2017   Posted in: Golden Dawn  Comments Closed

Golden Dawn Announces LOI to Acquire the Copper-Gold Lone Star Property – Markets Insider

VANCOUVER, BC–(Marketwired – June 02, 2017) – Wolf Wiese, CEO of Golden Dawn Minerals Inc., (TSX VENTURE: GOM)(FRANKFURT: 3G8A)(OTC PINK: GDMRF) (the “Company” or “Golden Dawn”) announces that the Company has signed a non-binding LOI with Advanced Mineral Technology Inc. (the “Vendor”), who owns 100% of the issued and outstanding common shares of BGP Resources Inc. (“BGP” and the “BGP Shares”).

Golden Dawn is acquiring the Lone Star Property through the acquisition of BGP Resources Ltd., a private Washington State corporation which holds 100% interest in the Lone Star Property subject to a 2.5% NSR. In consideration and subject to Regulatory Approval, the Company will pay the Vendor $200,000 in cash and $200,000 in common shares at a price to be determined by the average trading price of the Company’s common shares on the TSX Venture Exchange prior to the announcement of the Letter of Intent.

The Lone Star Property is contiguous to the Company’s Greenwood Precious Metals Project located in the Greenwood Mining District, 500 km east of Vancouver, B.C. on Highway #3. The Company’s 100% owned processing facility is 17 km to the north of Lone Star. The 234 hectare Lone Star copper-gold property, composed of a series of patented lode claims and private mineral claims in northern Washington State, lies adjacent to the southern boundary of Golden Dawn’s advanced stage Lexington Property.

View map at: http://www.goldendawnminerals.com/wp-content/uploads/2017/06/Lonestar_map.jpg

The geology, both in rock types and structure, as well as the accompanying gold-copper mineralization on the Lexington Property continues south onto the Lone Star Property, forming a 3 kilometre long prospective exploration trend of past producing gold-copper mines and prospects, including Lexington-Grenoble, Lexington, No. 7 and Lone Star Mines. The past producing Lone Star Mine operated over two time periods; from 1897-1918 producing 146,540 tonnes, and from 1977-1978 by Granby Mining Co. where they trucked over 400,000 tonnes from the Lone Star open pit to its Phoenix mill.

Numerous exploration companies saw additional copper-gold potential on the property, post-Granby. Exploration across the Lone Star Property to date includes 252 diamond and percussion drill holes for a total of 23,702 metres of drilling. Most recently, in 2006, Merit Mining Corp. (Merit) conducted a diamond drilling program adjacent to the Lone Star open pit and interpreted a series of eight shallow to moderately dipping en echelon and overlapping copper-gold zones hosted within a dacitic and minor serpentinite unit, very similar to the Lexington-Grenoble Mine. Zones are composed of sheeted and stockwork pyrite-chalcopyrite veins, veinlets and disseminations carrying gold. Many zones in the Lone Star deposit remain open and untested to fully define their extent.

An historic resource estimate exists for the Lone Star deposit. In 2007, Merit commissioned P&E Mining Consultants Inc. (“P&E”) to prepare an NI 43-101 mineral resource. Three dimensional (3-D) modeling methods and parameters were employed in accordance with principles accepted in Canada. A wireframed geological model was created from drillhole logs and interpretations supplied by Merit and audited and accepted by P&E. Statistical and grade continuity analyses were completed by P&E to characterize the mineralization and subsequently used to develop grade interpolation parameters. Gemcom modeling software was used for establishing the 3-D block model and subsequent grade estimates. Grade capping was used to restrict the influence of statistical outliers during Inverse Distance Squared (1/d2) application of block grades. An interpolated density model was generated by P&E from data measurements collected by Merit. On September 23, 2007, Merit reported a resource estimate as follows:

2007 Lone Star Resource Estimate

(cut-off grade: 1.5% Cu (CuEq) or 5.0 g Au/t equivalent AuEq)

(P&E Mining Consultants Inc.; effective date 23 September, 2007)

A qualified person has not done sufficient work to classify the historic estimate as current mineral resources or mineral reserves. As such the issuer, Golden Dawn, is not treating this historical estimate as current mineral resources or mineral reserves.

Technical disclosure in this news release has been approved by Dr. Mathew Ball, P.Geo., a Qualified Person as defined by National Instrument 43-101, and Chief Operating Officer of the Company.

On behalf of the Board of Directors: GOLDEN DAWN MINERALS INC.”Wolf Wiese” Wolf Wiese Chief Executive Officer

THIS PRESS RELEASE WAS PREPARED BY MANAGEMENT WHO TAKES FULL RESPONSIBILITY FOR ITS CONTENTS. NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. THIS DOCUMENT CONTAINS CERTAIN FORWARD LOOKING STATEMENTS WHICH INVOLVE KNOWN AND UNKNOWN RISKS, DELAYS, AND UNCERTAINTIES NOT UNDER THE COMPANY’S CONTROL WHICH MAY CAUSE ACTUAL RESULTS, PERFORMANCE OR ACHIEVEMENTS OF THE COMPANY TO BE MATERIALLY DIFFERENT FROM THE RESULTS, PERFORMANCE, OR ACHIEVEMENTS IMPLIED BY THESE FORWARD LOOKING STATEMENTS. WE SEEK SAFE HARBOR.

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Golden Dawn Announces LOI to Acquire the Copper-Gold Lone Star Property – Markets Insider

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June 5, 2017   Posted in: Golden Dawn  Comments Closed

Golden Dawn Minerals to add American past-producer to B.C. holdings – Resource Clips

by Greg Klein | June 2, 2017

Geology disregards the 49th Parallel, so Golden Dawn Minerals TSXV:GOM has turned to northern Washington state to expand its southern British Columbia portfolio. Under a non-binding LOI announced June 2, the company would acquire the 234-hectare Lone Star copper-gold property in the U.S. contiguous to its Greenwood claims in B.C.

Golden Dawn hopes to revive the historic silver-gold-polymetallic camp, beginning with the former May Mac, Lexington and Golden Crown mines, all proximal to the companys gravity-flotation mill with a 200-tpd capacity expandable to 400 tpd.

Another past-producer, Lone Star operated from 1897 to 1918 and from 1977 to 1978. An estimate compiled in 2007, which Golden Dawn considers historic and non-43-101, showed:

Lexingtons rock types, structure and gold-copper mineralization continue south onto Lone Star, the company stated, forming a three-kilometre-long prospective exploration trend of past-producing gold-copper mines and prospects, including the Lexington-Grenoble, Lexington, No. 7 and Lone Star mines.

The new acquisition would cost Golden Dawn $200,000 cash and $200,000 in shares determined at the average price prior to announcing the LOI. A 2.5% NSR applies.

In April the company released silver-gold-lead-zinc assays from underground drilling at May Mac. Metallurgical tests for the past-producer have been conducted at the Greenwood mill, 15 kilometres away.

Golden Crown, meanwhile, has an application pending for surface drilling and preparations are underway for field work at the more recently acquired Kettle River properties.

Golden Dawn plans to reopen May Mac, Lexington, Golden Crown and the mill without de-risking the project at the feasibility level. Prior to filing on Sedar, the company is currently reviewing a recently completed PEA on all its B.C. Greenwood holdings. The report was commissioned to support a short form prospectus.

Last month Golden Dawn closed a $1.65-million first tranche of a private placement offered up to $2.34 million. In February the company received a US$4-million advance on a gold purchase agreement.

Located about 500 kilometres east of Vancouver, the Greenwood properties have nearby highway access.

This article was posted by Greg Klein – Resource Clips on Friday, June 2nd, 2017 at 12:28 pm.

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Golden Dawn Minerals to add American past-producer to B.C. holdings – Resource Clips

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June 3, 2017   Posted in: Golden Dawn  Comments Closed

Golden Dawn Minerals Announces LOI to Acquire Copper-Gold Lone Star Property – Junior Mining Network

VANCOUVER, BC–(Marketwired – June 02, 2017) – Wolf Wiese, CEO of Golden Dawn Minerals Inc., (TSX VENTURE: GOM) (FRANKFURT: 3G8A) (OTC PINK: GDMRF) (the “Company” or “Golden Dawn”) announces that the Company has signed a non-binding LOI with Advanced Mineral Technology Inc. (the “Vendor”), who owns 100% of the issued and outstanding common shares of BGP Resources Inc. (“BGP” and the “BGP Shares”).

Golden Dawn is acquiring the Lone Star Property through the acquisition of BGP Resources Ltd., a private Washington State corporation which holds 100% interest in the Lone Star Property subject to a 2.5% NSR. In consideration and subject to Regulatory Approval, the Company will pay the Vendor $200,000 in cash and $200,000 in common shares at a price to be determined by the average trading price of the Company’s common shares on the TSX Venture Exchange prior to the announcement of the Letter of Intent.

The Lone Star Property is contiguous to the Company’s Greenwood Precious Metals Project located in the Greenwood Mining District, 500 km east of Vancouver, B.C. on Highway #3. The Company’s 100% owned processing facility is 17 km to the north of Lone Star. The 234 hectare Lone Star copper-gold property, composed of a series of patented lode claims and private mineral claims in northern Washington State, lies adjacent to the southern boundary of Golden Dawn’s advanced stage Lexington Property.

The geology, both in rock types and structure, as well as the accompanying gold-copper mineralization on the Lexington Property continues south onto the Lone Star Property, forming a 3 kilometre long prospective exploration trend of past producing gold-copper mines and prospects, including Lexington-Grenoble, Lexington, No. 7 and Lone Star Mines. The past producing Lone Star Mine operated over two time periods; from 1897-1918 producing 146,540 tonnes, and from 1977-1978 by Granby Mining Co. where they trucked over 400,000 tonnes from the Lone Star open pit to its Phoenix mill.

Numerous exploration companies saw additional copper-gold potential on the property, post-Granby. Exploration across the Lone Star Property to date includes 252 diamond and percussion drill holes for a total of 23,702 metres of drilling. Most recently, in 2006, Merit Mining Corp. (Merit) conducted a diamond drilling program adjacent to the Lone Star open pit and interpreted a series of eight shallow to moderately dipping en echelon and overlapping copper-gold zones hosted within a dacitic and minor serpentinite unit, very similar to the Lexington-Grenoble Mine. Zones are composed of sheeted and stockwork pyrite-chalcopyrite veins, veinlets and disseminations carrying gold. Many zones in the Lone Star deposit remain open and untested to fully define their extent.

An historic resource estimate exists for the Lone Star deposit. In 2007, Merit commissioned P&E Mining Consultants Inc. (“P&E”) to prepare an NI 43-101 mineral resource. Three dimensional (3-D) modeling methods and parameters were employed in accordance with principles accepted in Canada. A wireframed geological model was created from drillhole logs and interpretations supplied by Merit and audited and accepted by P&E. Statistical and grade continuity analyses were completed by P&E to characterize the mineralization and subsequently used to develop grade interpolation parameters. Gemcom modeling software was used for establishing the 3-D block model and subsequent grade estimates. Grade capping was used to restrict the influence of statistical outliers during Inverse Distance Squared (1/d2) application of block grades. An interpolated density model was generated by P&E from data measurements collected by Merit. On September 23, 2007, Merit reported a resource estimate as follows:

2007 Lone Star Resource Estimate

(cut-off grade: 1.5% Cu (CuEq) or 5.0 g Au/t equivalent AuEq)

(P&E Mining Consultants Inc.; effective date 23 September, 2007)

A qualified person has not done sufficient work to classify the historic estimate as current mineral resources or mineral reserves. As such the issuer, Golden Dawn, is not treating this historical estimate as current mineral resources or mineral reserves.

Technical disclosure in this news release has been approved by Dr. Mathew Ball, P.Geo., a Qualified Person as defined by National Instrument 43-101, and Chief Operating Officer of the Company.

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Golden Dawn Minerals Announces LOI to Acquire Copper-Gold Lone Star Property – Junior Mining Network

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June 3, 2017   Posted in: Golden Dawn  Comments Closed

Golden Dawn Minerals Inc (GOM.V) Needle Moving 1.92% – The Times

Shares ofGolden Dawn Minerals Inc (GOM.V) is moving on volatility today1.92% or 0.005 rom the open.TheTSXV listed companysaw a recent bid of0.265 on11000 volume. Investors may be looking into the crystal ball trying to calculate where the equity market will be shifting as we move into the second half of the year. Investors may be hard pressed to find bargains with the markets still riding high. Sometimes, keeping it simple may be exactly what the doctor ordered when approaching the markets. Focusing on relevant data instead of information that breezes through may make a huge difference for the individual investor. Focusing on companies that have strong competitive advantages may help fight off unwelcome surprises that often come with uncertain economic landscapes. Focusing on the long-term might be right for some investors. Developing a good safety margin may also help keep the important investing factors in focus. Covering all the bases may help increase the odds of success when trading equities. Taking a deeper look into the technical levels ofGolden Dawn Minerals Inc (GOM.V), we can see thatthe Williams Percent Range or 14 day Williams %R currently sits at -83.33. The Williams %R oscillates in a range from 0 to -100. A reading between 0 and -20 would point to an overbought situation. A reading from -80 to -100 would signal an oversold situation. The Williams %R was developed by Larry Williams. This is a momentum indicator that is the inverse of the Fast Stochastic Oscillator. Golden Dawn Minerals Inc (GOM.V) currently has a 14-day Commodity Channel Index (CCI) of -270.18. Active investors may choose to use this technical indicator as a stock evaluation tool. Used as a coincident indicator, the CCI reading above +100 would reflect strong price action which may signal an uptrend. On the flip side, a reading below -100 may signal a downtrend reflecting weak price action. Using the CCI as a leading indicator, technical analysts may use a +100 reading as an overbought signal and a -100 reading as an oversold indicator, suggesting a trend reversal. The RSI, or Relative Strength Index, is a widely used technical momentum indicator that compares price movement over time. The RSI was created by J. Welles Wilder who was striving to measure whether or not a stock was overbought or oversold. The RSI may be useful for spotting abnormal price activity and volatility. The RSI oscillates on a scale from 0 to 100. The normal reading of a stock will fall in the range of 30 to 70. A reading over 70 would indicate that the stock is overbought, and possibly overvalued. A reading under 30 may indicate that the stock is oversold, and possibly undervalued. After a recent check, Golden Dawn Minerals Incs 14-day RSI is currently at 38.19, the 7-day stands at 33.12, and the 3-day is sitting at 30.06. Currently, the 14-day ADX for Golden Dawn Minerals Inc (GOM.V) is sitting at 11.02. Generally speaking, an ADX value from 0-25 would indicate an absent or weak trend. A value of 25-50 would support a strong trend. A value of 50-75 would identify a very strong trend, and a value of 75-100 would lead to an extremely strong trend. ADX is used to gauge trend strength but not trend direction. Traders often add the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) to identify the direction of a trend. In technical analysis prices of securities tend to move in observable trends with a tendency to stay in the trend. The trend is considered to be intact until the trend line is broken. After a trend has been established, the future price movement is more likely to be in the same direction as the trend than to be against it. This is where the old adage the trend is your friend comes from, meaning you should trade in the same direction as the trend.

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June 15, 2017   Posted in: Golden Dawn  Comments Closed

Active Runner in Focus: GOLDEN DAWN MINERALS (3G8A.DE) – Union Trade Journal

Shares ofGOLDEN DAWN MINERALS (3G8A.DE) is moving on volatility today-10.00% or -0.02 rom the open.TheXETRA listed companysaw a recent bid of0.18 on4500 volume. Occasionally, investors may feel like they are riding on a wild roller coaster when dealing with the stock market. Controlling emotions when taking the ride may assist with making necessary decisions when the time comes. Many investors choose to do thorough research when purchasing any stock. Knowing what is owned and why it is owned may help ease the mind when things get sticky. When the market is riding high and there is generally smooth sailing on the investing seas, individual investors may have the tendency to get complacent. Being prepared for any situation may help ease the stress of big market decision making. There may be a time when it seems like everything is going off the rails, but having an actual game plan for management and recovery could make a huge difference both financially and psychologically. Digging deeping into the GOLDEN DAWN MINERALS (3G8A.DE) s technical indicators, we note that the Williams Percent Range or 14 day Williams %R currently sits at -100.00. The Williams %R oscillates in a range from 0 to -100. A reading between 0 and -20 would point to an overbought situation. A reading from -80 to -100 would signal an oversold situation. The Williams %R was developed by Larry Williams. This is a momentum indicator that is the inverse of the Fast Stochastic Oscillator. Technical analysis is the study of what has happened to the price of a security in the past with the expectation that history tends to repeat itself. Many of the charts patterns in technical analysis have been used for more than 100 years, they are still believed to be relevant because they illustrate patterns in price movements that often repeat themselves. The repetitive nature of price movements is attributed to market psychology. GOLDEN DAWN MINERALS (3G8A.DE) currently has a 14-day Commodity Channel Index (CCI) of -113.35. Active investors may choose to use this technical indicator as a stock evaluation tool. Used as a coincident indicator, the CCI reading above +100 would reflect strong price action which may signal an uptrend. On the flip side, a reading below -100 may signal a downtrend reflecting weak price action. Using the CCI as a leading indicator, technical analysts may use a +100 reading as an overbought signal and a -100 reading as an oversold indicator, suggesting a trend reversal. Currently, the 14-day ADX for GOLDEN DAWN MINERALS (3G8A.DE) is sitting at 12.33. Generally speaking, an ADX value from 0-25 would indicate an absent or weak trend. A value of 25-50 would support a strong trend. A value of 50-75 would identify a very strong trend, and a value of 75-100 would lead to an extremely strong trend. ADX is used to gauge trend strength but not trend direction. Traders often add the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) to identify the direction of a trend. The RSI, or Relative Strength Index, is a widely used technical momentum indicator that compares price movement over time. The RSI was created by J. Welles Wilder who was striving to measure whether or not a stock was overbought or oversold. The RSI may be useful for spotting abnormal price activity and volatility. The RSI oscillates on a scale from 0 to 100. The normal reading of a stock will fall in the range of 30 to 70. A reading over 70 would indicate that the stock is overbought, and possibly overvalued. A reading under 30 may indicate that the stock is oversold, and possibly undervalued. After a recent check, the 14-day RSI for GOLDEN DAWN MINERALSis currently at 43.23, the 7-day stands at 42.31, and the 3-day is sitting at 37.75. By Journal Contributor

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June 14, 2017   Posted in: Golden Dawn  Comments Closed

M&As this week: Golden Dawn Minerals, Yunnan Aluminium, Worthington Industries – Mining Technology

Golden Dawn Minerals has signed a letter of intent (LoI) with Advanced Mineral Technology to acquire BGP Resources for $200,000 in cash and $200,000 in common shares. Following the acquisition, Golden Dawn will gain interest in the 234ha Lone Star copper-gold property, which hosts a series of lode claims and private mineral claims in northern Washington State. The property is adjacent to GDMs Greenwood Precious Metals project. Yunnan Aluminiumhas announced plans to acquire 41% stake in carbon asset management company, Yunnan Sub-Energy Carbon Asset Management. “The purchase consideration for the acquisition is $283m.” Both companies involved in the transaction are based in China. Diversified metals manufacturing companyWorthington Industrieshas announced the acquisition of pressure cylinders and water system tanks manufacturing company, AMTROL. The purchase consideration for the acquisition is $283m. Both companies involved in the acquisition are based in the US.

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June 9, 2017   Posted in: Golden Dawn  Comments Closed

Relative Strength in Focus: Golden Dawn Minerals (GDMRF) – Nelson Research

Relative strength is a momentum-investing technique that compares the performance of a stock to that of the overall market. Traders and investors can target the strongest performers as compared to the market overall, creating investment recommendations by using specific calculations. Relative strength assumes a stock whose price has been moving upward will continue to rise. Traders and investors who use relative strength have specific entry and exit strategies. Traders and investors using this technique buy securities that show signs of strength and then sell them as when they begin to appear weak. Relative strength is also applied to more complex strategies. Investors use relative strength in order to single out top performers within a group of potential investments, comparing the performance of each commodity to other securities or to a specific benchmark index. There are multiple ways to calculate relative. Relative strength doesnt take into account the risk assessment with a particular investment. Golden Dawn Minerals (GDMRF)s Nine-Day Relative Strength is28.48% and its Fourteen-Day Relative Strength is 36.49%. Looking back further, Twenty-Day Relative Strength is41.66% and its Fifty-Day Relative Strength is41.66%. Finally, its One-Hundred-Day Relative Strength is 52.89%. The Open is the start of trading on a securities exchange. The open indicates the start of an official business day for an exchange, meaning that transactions may begin for the day. The different exchanges have different opening times. Golden Dawn Minerals (GDMRF) opened at $0.202. Its high for the day was $0.202, its low was $0.202 and last trade price was $0.202. Standard Deviation is a measure of the current average variability of return. A move of (plus or minus) 1 std deviation means a 33% odds for a major price move, whereas a move of (plus or minus) 3 std deviations means a 1% odds for a major price move. Golden Dawn Minerals (GDMRF)s Standard Deviation is -1.14. Weighted Alpha is a measure of how much a stock has risen or fallen over a one-year period with a higher weighting for recent price activity. Golden Dawn Minerals (GDMRF)s Weighted Alpha is -24.95. Golden Dawn Minerals (GDMRF)s TrendSpotter Opinion, the signal from Trendspotter, a Barchart trend analysis system that uses wave theory, market momentum & volatility in an attempt to find a general trend, is Sell. Barchart Opinions show investors what a variety of popular trading systems are suggesting. These Opinions take up to 2 years worth of historical data and runs the prices through thirteen technical indicators. After each calculation, a buy, sell or hold value for each study is assigned, depending on where the price is in reference to the interpretation of the study. Todays opinion, the overall signal based on where the price lies in reference to the common interpretation of all 13 studies, for Golden Dawn Minerals (GDMRF) is 56% Sell. Relative Strength is part of technical analysis. Technical analysis is a trading tool used to judge securities as well as attempt to forecast their future moves by analyzing trading activity statistics like volume and price fluctuations. Where fundamental analysts attempt to evaluate the intrinsic value of a security, technical analytics observe charts of price movements and forecast future price movements through various analytical tools to evaluate a securitys strength or weakness. Technical analysts believe in the idea that price changes of a security and past trading activity are better indicators of that given securitys future price movements than simply the intrinsic value of said security. Technical analysis was created out of simple concepts learned from Dow Theory, the theory of trading market movements that originated from the early writings of Charles Dow. The two basic assumptions of Dow Theory say analysis are: 1.) market price discounts all the factors that could influence a securitys price and: 2.) market price movements are not simply random but move in an identifiable pattern and that repeat over time. The first assumption, that price discounts everything, means the market price of a commodity at any given point in time perfectly reflects all available information, and re represents the securitys true fair value. It is based on the idea the market price always reflects the sum total knowledge of the market. The second basic assumption, the notion that price changes are not just random, leads to the belief that both short term and long term market trends can be identified, allowing traders to profit from investing when following the existing trend. Technical analysis is used in order to forecast the price movement of all tradable instruments that are subject to the forces of supply and demand, including currency pairs, bonds, stocks, and futures. Technical analysis can be viewed simply as the study of supply and demand as reflected in market price movements of securities. It is usually applied to price changes, though analysts may also track numbers other than price, such as open interest figures or trading volume. Many technical indicators have been developed by analysts over the years in an attempt to forecast future price movements accurately. Some indicators are focused on determining the how strong a trend is and also the possibility of its continuation while other indicators focus on identifying current market trends, including resistance areas and support. Commonly used technical indicators include moving averages, trendlines, and momentum indicators like the moving average convergence divergence (MACD) indicator. Technical analysts apply these indicators to charts of differing timeframes. Short-term traders may use charts covering one-minute timeframes to hourly or even four-hour timeframes, and traders analyzing more long-term price movements look over daily, weekly or monthly charts. Disclaimer: The advice provided on this website is general advice only. It has been prepared without taking into account your objectives, financial situation or needs. Before acting on this advice you should consider the appropriateness of the advice, having regard to your own objectives, financial situation and needs. Where quoted, past performance is not indicative of future performance.

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June 7, 2017   Posted in: Golden Dawn  Comments Closed

Golden Dawn to acquire BGP Resources – Mining Technology

Golden Dawn Minerals has signed a letter of intent (LoI) to acquire BGP Resources from Advanced Mineral Technology. Through the acquisition, Golden Dawn will gain interest in BGPs Lone Star Property subject to a 2.5% net smelter return (NSR).The transaction involves $200,000 in cash and $200,000 in common shares. Located contiguous to Golden Dawns Greenwood Precious Metals project, the 234ha Lone Star copper-gold property hosts a series of lode claims and private mineral claims in northern Washington State. In addition, it is located 17km south of Golden Dawns processing facility and lies adjacent to the southern boundary of the companys Lexington Property. The geology and accompanying gold-copper mineralisation on the Lexington Property extends onto the Lone Star property, forming a 3km-long prospective exploration trend of gold-copper mines and prospects, including Lexington-Grenoble, Lexington, No 7 and Lone Star Mines. Copper-gold zones at Lone Star are composed of sheeted and stockwork pyrite-chalcopyrite veins, veinlets and disseminations carrying gold. “Inferred resources at the property were identified to be 682,000t, while the indicated resource stood at 63,000t.” According to an estimate in 2007, the inferred resources at the property were identified to be 682,000t, while the indicated resource stood at 63,000t. Completion of the transaction is subject to regulatory approval. Advanced Mineral Technology currently owns 100% of the issued and outstanding common shares of BGP Resources. In addition to the agreement, Golden Dawn closed the private placement process over two tranches, raising $1.76m, to be spent on surface and underground drilling programme on the Greenwood Precious Metals project. Image: Golden Dawn Minerals Greenwood projects map. Photo: courtesy of Golden Dawn Minerals Inc.

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June 6, 2017   Posted in: Golden Dawn  Comments Closed

Golden Dawn Announces LOI to Acquire the Copper-Gold Lone Star Property – Marketwired (press release)

VANCOUVER, BC–(Marketwired – June 02, 2017) – Wolf Wiese, CEO of Golden Dawn Minerals Inc., (TSX VENTURE: GOM) (FRANKFURT: 3G8A) (OTC PINK: GDMRF) (the “Company” or “Golden Dawn”) announces that the Company has signed a non-binding LOI with Advanced Mineral Technology Inc. (the “Vendor”), who owns 100% of the issued and outstanding common shares of BGP Resources Inc. (“BGP” and the “BGP Shares”). Golden Dawn is acquiring the Lone Star Property through the acquisition of BGP Resources Ltd., a private Washington State corporation which holds 100% interest in the Lone Star Property subject to a 2.5% NSR. In consideration and subject to Regulatory Approval, the Company will pay the Vendor $200,000 in cash and $200,000 in common shares at a price to be determined by the average trading price of the Company’s common shares on the TSX Venture Exchange prior to the announcement of the Letter of Intent. The Lone Star Property is contiguous to the Company’s Greenwood Precious Metals Project located in the Greenwood Mining District, 500 km east of Vancouver, B.C. on Highway #3. The Company’s 100% owned processing facility is 17 km to the north of Lone Star. The 234 hectare Lone Star copper-gold property, composed of a series of patented lode claims and private mineral claims in northern Washington State, lies adjacent to the southern boundary of Golden Dawn’s advanced stage Lexington Property. View map at: http://www.goldendawnminerals.com/wp-content/uploads/2017/06/Lonestar_map.jpg The geology, both in rock types and structure, as well as the accompanying gold-copper mineralization on the Lexington Property continues south onto the Lone Star Property, forming a 3 kilometre long prospective exploration trend of past producing gold-copper mines and prospects, including Lexington-Grenoble, Lexington, No. 7 and Lone Star Mines. The past producing Lone Star Mine operated over two time periods; from 1897-1918 producing 146,540 tonnes, and from 1977-1978 by Granby Mining Co. where they trucked over 400,000 tonnes from the Lone Star open pit to its Phoenix mill. Numerous exploration companies saw additional copper-gold potential on the property, post-Granby. Exploration across the Lone Star Property to date includes 252 diamond and percussion drill holes for a total of 23,702 metres of drilling. Most recently, in 2006, Merit Mining Corp. (Merit) conducted a diamond drilling program adjacent to the Lone Star open pit and interpreted a series of eight shallow to moderately dipping en echelon and overlapping copper-gold zones hosted within a dacitic and minor serpentinite unit, very similar to the Lexington-Grenoble Mine. Zones are composed of sheeted and stockwork pyrite-chalcopyrite veins, veinlets and disseminations carrying gold. Many zones in the Lone Star deposit remain open and untested to fully define their extent. An historic resource estimate exists for the Lone Star deposit. In 2007, Merit commissioned P&E Mining Consultants Inc. (“P&E”) to prepare an NI 43-101 mineral resource. Three dimensional (3-D) modeling methods and parameters were employed in accordance with principles accepted in Canada. A wireframed geological model was created from drillhole logs and interpretations supplied by Merit and audited and accepted by P&E. Statistical and grade continuity analyses were completed by P&E to characterize the mineralization and subsequently used to develop grade interpolation parameters. Gemcom modeling software was used for establishing the 3-D block model and subsequent grade estimates. Grade capping was used to restrict the influence of statistical outliers during Inverse Distance Squared (1/d2) application of block grades. An interpolated density model was generated by P&E from data measurements collected by Merit. On September 23, 2007, Merit reported a resource estimate as follows: 2007 Lone Star Resource Estimate (cut-off grade: 1.5% Cu (CuEq) or 5.0 g Au/t equivalent AuEq) (P&E Mining Consultants Inc.; effective date 23 September, 2007) A qualified person has not done sufficient work to classify the historic estimate as current mineral resources or mineral reserves. As such the issuer, Golden Dawn, is not treating this historical estimate as current mineral resources or mineral reserves. Technical disclosure in this news release has been approved by Dr. Mathew Ball, P.Geo., a Qualified Person as defined by National Instrument 43-101, and Chief Operating Officer of the Company. On behalf of the Board of Directors: GOLDEN DAWN MINERALS INC.”Wolf Wiese” Wolf Wiese Chief Executive Officer THIS PRESS RELEASE WAS PREPARED BY MANAGEMENT WHO TAKES FULL RESPONSIBILITY FOR ITS CONTENTS. NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. THIS DOCUMENT CONTAINS CERTAIN FORWARD LOOKING STATEMENTS WHICH INVOLVE KNOWN AND UNKNOWN RISKS, DELAYS, AND UNCERTAINTIES NOT UNDER THE COMPANY’S CONTROL WHICH MAY CAUSE ACTUAL RESULTS, PERFORMANCE OR ACHIEVEMENTS OF THE COMPANY TO BE MATERIALLY DIFFERENT FROM THE RESULTS, PERFORMANCE, OR ACHIEVEMENTS IMPLIED BY THESE FORWARD LOOKING STATEMENTS. WE SEEK SAFE HARBOR.

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June 6, 2017   Posted in: Golden Dawn  Comments Closed

Golden Dawn Announces LOI to Acquire the Copper-Gold Lone Star Property – Markets Insider

VANCOUVER, BC–(Marketwired – June 02, 2017) – Wolf Wiese, CEO of Golden Dawn Minerals Inc., (TSX VENTURE: GOM)(FRANKFURT: 3G8A)(OTC PINK: GDMRF) (the “Company” or “Golden Dawn”) announces that the Company has signed a non-binding LOI with Advanced Mineral Technology Inc. (the “Vendor”), who owns 100% of the issued and outstanding common shares of BGP Resources Inc. (“BGP” and the “BGP Shares”). Golden Dawn is acquiring the Lone Star Property through the acquisition of BGP Resources Ltd., a private Washington State corporation which holds 100% interest in the Lone Star Property subject to a 2.5% NSR. In consideration and subject to Regulatory Approval, the Company will pay the Vendor $200,000 in cash and $200,000 in common shares at a price to be determined by the average trading price of the Company’s common shares on the TSX Venture Exchange prior to the announcement of the Letter of Intent. The Lone Star Property is contiguous to the Company’s Greenwood Precious Metals Project located in the Greenwood Mining District, 500 km east of Vancouver, B.C. on Highway #3. The Company’s 100% owned processing facility is 17 km to the north of Lone Star. The 234 hectare Lone Star copper-gold property, composed of a series of patented lode claims and private mineral claims in northern Washington State, lies adjacent to the southern boundary of Golden Dawn’s advanced stage Lexington Property. View map at: http://www.goldendawnminerals.com/wp-content/uploads/2017/06/Lonestar_map.jpg The geology, both in rock types and structure, as well as the accompanying gold-copper mineralization on the Lexington Property continues south onto the Lone Star Property, forming a 3 kilometre long prospective exploration trend of past producing gold-copper mines and prospects, including Lexington-Grenoble, Lexington, No. 7 and Lone Star Mines. The past producing Lone Star Mine operated over two time periods; from 1897-1918 producing 146,540 tonnes, and from 1977-1978 by Granby Mining Co. where they trucked over 400,000 tonnes from the Lone Star open pit to its Phoenix mill. Numerous exploration companies saw additional copper-gold potential on the property, post-Granby. Exploration across the Lone Star Property to date includes 252 diamond and percussion drill holes for a total of 23,702 metres of drilling. Most recently, in 2006, Merit Mining Corp. (Merit) conducted a diamond drilling program adjacent to the Lone Star open pit and interpreted a series of eight shallow to moderately dipping en echelon and overlapping copper-gold zones hosted within a dacitic and minor serpentinite unit, very similar to the Lexington-Grenoble Mine. Zones are composed of sheeted and stockwork pyrite-chalcopyrite veins, veinlets and disseminations carrying gold. Many zones in the Lone Star deposit remain open and untested to fully define their extent. An historic resource estimate exists for the Lone Star deposit. In 2007, Merit commissioned P&E Mining Consultants Inc. (“P&E”) to prepare an NI 43-101 mineral resource. Three dimensional (3-D) modeling methods and parameters were employed in accordance with principles accepted in Canada. A wireframed geological model was created from drillhole logs and interpretations supplied by Merit and audited and accepted by P&E. Statistical and grade continuity analyses were completed by P&E to characterize the mineralization and subsequently used to develop grade interpolation parameters. Gemcom modeling software was used for establishing the 3-D block model and subsequent grade estimates. Grade capping was used to restrict the influence of statistical outliers during Inverse Distance Squared (1/d2) application of block grades. An interpolated density model was generated by P&E from data measurements collected by Merit. On September 23, 2007, Merit reported a resource estimate as follows: 2007 Lone Star Resource Estimate (cut-off grade: 1.5% Cu (CuEq) or 5.0 g Au/t equivalent AuEq) (P&E Mining Consultants Inc.; effective date 23 September, 2007) A qualified person has not done sufficient work to classify the historic estimate as current mineral resources or mineral reserves. As such the issuer, Golden Dawn, is not treating this historical estimate as current mineral resources or mineral reserves. Technical disclosure in this news release has been approved by Dr. Mathew Ball, P.Geo., a Qualified Person as defined by National Instrument 43-101, and Chief Operating Officer of the Company. On behalf of the Board of Directors: GOLDEN DAWN MINERALS INC.”Wolf Wiese” Wolf Wiese Chief Executive Officer THIS PRESS RELEASE WAS PREPARED BY MANAGEMENT WHO TAKES FULL RESPONSIBILITY FOR ITS CONTENTS. NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. THIS DOCUMENT CONTAINS CERTAIN FORWARD LOOKING STATEMENTS WHICH INVOLVE KNOWN AND UNKNOWN RISKS, DELAYS, AND UNCERTAINTIES NOT UNDER THE COMPANY’S CONTROL WHICH MAY CAUSE ACTUAL RESULTS, PERFORMANCE OR ACHIEVEMENTS OF THE COMPANY TO BE MATERIALLY DIFFERENT FROM THE RESULTS, PERFORMANCE, OR ACHIEVEMENTS IMPLIED BY THESE FORWARD LOOKING STATEMENTS. WE SEEK SAFE HARBOR.

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June 5, 2017   Posted in: Golden Dawn  Comments Closed

Golden Dawn Minerals to add American past-producer to B.C. holdings – Resource Clips

by Greg Klein | June 2, 2017 Geology disregards the 49th Parallel, so Golden Dawn Minerals TSXV:GOM has turned to northern Washington state to expand its southern British Columbia portfolio. Under a non-binding LOI announced June 2, the company would acquire the 234-hectare Lone Star copper-gold property in the U.S. contiguous to its Greenwood claims in B.C. Golden Dawn hopes to revive the historic silver-gold-polymetallic camp, beginning with the former May Mac, Lexington and Golden Crown mines, all proximal to the companys gravity-flotation mill with a 200-tpd capacity expandable to 400 tpd. Another past-producer, Lone Star operated from 1897 to 1918 and from 1977 to 1978. An estimate compiled in 2007, which Golden Dawn considers historic and non-43-101, showed: Lexingtons rock types, structure and gold-copper mineralization continue south onto Lone Star, the company stated, forming a three-kilometre-long prospective exploration trend of past-producing gold-copper mines and prospects, including the Lexington-Grenoble, Lexington, No. 7 and Lone Star mines. The new acquisition would cost Golden Dawn $200,000 cash and $200,000 in shares determined at the average price prior to announcing the LOI. A 2.5% NSR applies. In April the company released silver-gold-lead-zinc assays from underground drilling at May Mac. Metallurgical tests for the past-producer have been conducted at the Greenwood mill, 15 kilometres away. Golden Crown, meanwhile, has an application pending for surface drilling and preparations are underway for field work at the more recently acquired Kettle River properties. Golden Dawn plans to reopen May Mac, Lexington, Golden Crown and the mill without de-risking the project at the feasibility level. Prior to filing on Sedar, the company is currently reviewing a recently completed PEA on all its B.C. Greenwood holdings. The report was commissioned to support a short form prospectus. Last month Golden Dawn closed a $1.65-million first tranche of a private placement offered up to $2.34 million. In February the company received a US$4-million advance on a gold purchase agreement. Located about 500 kilometres east of Vancouver, the Greenwood properties have nearby highway access. This article was posted by Greg Klein – Resource Clips on Friday, June 2nd, 2017 at 12:28 pm.

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June 3, 2017   Posted in: Golden Dawn  Comments Closed

Golden Dawn Minerals Announces LOI to Acquire Copper-Gold Lone Star Property – Junior Mining Network

VANCOUVER, BC–(Marketwired – June 02, 2017) – Wolf Wiese, CEO of Golden Dawn Minerals Inc., (TSX VENTURE: GOM) (FRANKFURT: 3G8A) (OTC PINK: GDMRF) (the “Company” or “Golden Dawn”) announces that the Company has signed a non-binding LOI with Advanced Mineral Technology Inc. (the “Vendor”), who owns 100% of the issued and outstanding common shares of BGP Resources Inc. (“BGP” and the “BGP Shares”). Golden Dawn is acquiring the Lone Star Property through the acquisition of BGP Resources Ltd., a private Washington State corporation which holds 100% interest in the Lone Star Property subject to a 2.5% NSR. In consideration and subject to Regulatory Approval, the Company will pay the Vendor $200,000 in cash and $200,000 in common shares at a price to be determined by the average trading price of the Company’s common shares on the TSX Venture Exchange prior to the announcement of the Letter of Intent. The Lone Star Property is contiguous to the Company’s Greenwood Precious Metals Project located in the Greenwood Mining District, 500 km east of Vancouver, B.C. on Highway #3. The Company’s 100% owned processing facility is 17 km to the north of Lone Star. The 234 hectare Lone Star copper-gold property, composed of a series of patented lode claims and private mineral claims in northern Washington State, lies adjacent to the southern boundary of Golden Dawn’s advanced stage Lexington Property. The geology, both in rock types and structure, as well as the accompanying gold-copper mineralization on the Lexington Property continues south onto the Lone Star Property, forming a 3 kilometre long prospective exploration trend of past producing gold-copper mines and prospects, including Lexington-Grenoble, Lexington, No. 7 and Lone Star Mines. The past producing Lone Star Mine operated over two time periods; from 1897-1918 producing 146,540 tonnes, and from 1977-1978 by Granby Mining Co. where they trucked over 400,000 tonnes from the Lone Star open pit to its Phoenix mill. Numerous exploration companies saw additional copper-gold potential on the property, post-Granby. Exploration across the Lone Star Property to date includes 252 diamond and percussion drill holes for a total of 23,702 metres of drilling. Most recently, in 2006, Merit Mining Corp. (Merit) conducted a diamond drilling program adjacent to the Lone Star open pit and interpreted a series of eight shallow to moderately dipping en echelon and overlapping copper-gold zones hosted within a dacitic and minor serpentinite unit, very similar to the Lexington-Grenoble Mine. Zones are composed of sheeted and stockwork pyrite-chalcopyrite veins, veinlets and disseminations carrying gold. Many zones in the Lone Star deposit remain open and untested to fully define their extent. An historic resource estimate exists for the Lone Star deposit. In 2007, Merit commissioned P&E Mining Consultants Inc. (“P&E”) to prepare an NI 43-101 mineral resource. Three dimensional (3-D) modeling methods and parameters were employed in accordance with principles accepted in Canada. A wireframed geological model was created from drillhole logs and interpretations supplied by Merit and audited and accepted by P&E. Statistical and grade continuity analyses were completed by P&E to characterize the mineralization and subsequently used to develop grade interpolation parameters. Gemcom modeling software was used for establishing the 3-D block model and subsequent grade estimates. Grade capping was used to restrict the influence of statistical outliers during Inverse Distance Squared (1/d2) application of block grades. An interpolated density model was generated by P&E from data measurements collected by Merit. On September 23, 2007, Merit reported a resource estimate as follows: 2007 Lone Star Resource Estimate (cut-off grade: 1.5% Cu (CuEq) or 5.0 g Au/t equivalent AuEq) (P&E Mining Consultants Inc.; effective date 23 September, 2007) A qualified person has not done sufficient work to classify the historic estimate as current mineral resources or mineral reserves. As such the issuer, Golden Dawn, is not treating this historical estimate as current mineral resources or mineral reserves. Technical disclosure in this news release has been approved by Dr. Mathew Ball, P.Geo., a Qualified Person as defined by National Instrument 43-101, and Chief Operating Officer of the Company.

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June 3, 2017   Posted in: Golden Dawn  Comments Closed


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