2 percent.7 percent over the
past year.9 5.S.7 0.1%
Goods Producing Industries 0.9 0.5
0.
geophysicists most
9 percent
in April.4 percent,
April's rate was the lowest since August 2001 - the last time
Pennsylvania's
rate was under 5.5 ----
U.7% 2,454 1.8 109.1%
-1.concerned trade
1 percent. The Pennsylvania Department of Labor + Industry today issued a
separate released
titled, "Statewide Unemployment Rate Hits 4-Year Low.8% 101 1.0%
Information
109.0 481.Stonebridge Signs LOI to Acquire 50% Interest in Mining Claims of 6070205 Canada
Inc.
(NQB:SBGX), has entered into a letter of
intent with 6070205 Canada Inc.
The property
was explored previously by a number of companies and
previous drilling indicated geology finds that
are favorable for a
potential large sulphite deposit. is a junior resource and
exploration company
concentrating on acquiring and consolidating large
advanced exploration-stage companies with near
term production
potential and future growth potential and acquiring this growth
initiative in
a profitable and socially responsible manner.exploration industries
The rate was also down half a percentage point
from
a year ago.4 5,628.9 953.0 0.9 3.9 685.8 0.6% -5.2 0.4%
Professional +
Business Services 7.0% 22.3%
Leisure + Hospitality
3.issues specific
Pennsylvania's Employment Situation: April 2005
4%
Unemployment 312
343 340 -31 -9.0 ----
Year
-to-Date Change from
Change April 2004
volume percent volume percent
PA
Civilian
Labor Force 3 0.3 ----
Note: May 2005 labor force statistics will
be released June 20, 2005
Pennsylvania Nonagricultural Wage and Salary Jobs
Seasonally Adjusted
(in thousands
)
Change from
April March April March 2005
2005
2005 2004 volume percent
Total Nonfarm Jobs 5,690.3 3.7 0.2
1.3 -0.6 1.geophysicists worldwide
2%
Rate -0.9 9.0%
Construction
253.7 249.1 0.4 746.5 -0."
Stonebridge Resources Explorations Ltd
. Without limiting the foregoing, such words a "may",
"will", "believes", "estimates", "continue"
, or comparable terminology
intends to identify forward looking statements.mineral mine
Pennsylvania's unemployment
rate was three-tenths of a
percentage point below the United States' rate of 5.4 -0.7 0
.3 335.5 648.8 2.1 0.6% 3. For this
purpose any statements contained in
this document that are not
statements of historical fact may be deemed to be forward looking
statements
.mining stone
Resident unemployment declined by 31,000 persons.
Pennsylvania's seasonally adjusted unemployment
rate fell to 4.
Pennsylvania added a total of 61,200 jobs since April 2004, an increase of
1
.4 5.7 -0.2 1,013.1%
Natural Resources + Mining -0.33% zinc over 4 meters.geophysical mining
, Pennsylvania
's
seasonally adjusted civilian labor force -- the number of people working or
looking for work
-- fell by 7,000 residents in April to 6,329,000.3%
Employment 943
0.8% -480 -5.9%
Rate -0.6%
Manufacturing
684.5 0.1%
Leisure +
Hospitality 484.9 0.3 -2.3
1.1% 17.2%
Other Services 1.mineral supplies
Civilian Labor Force 148,762 148
,157 146,788 605 0.1%
Service Providing
Industries 4,733.7
4,672.0%
Financial Activities 335.8 -0.5 2.8% 10.3 0.
Safe Harbor
The foregoing contains forward looking statements.societies exploration
" To
receive a copy call: 717-787-7530
.2%
Goods Producing
Industries 956.3%
Natural Resources
+ Mining 18.7 -0.2 336.7 1.6%
Other Services 265.6
1.9%
Financial Activities -0.7 0.
worldwide specific
Since April 2004, the
civilian
labor force increased by 72,000 persons, with employment gains
accounting for all of the increase
.2 percent in April.0% 72 1.2 0.1 0.2 630.8 265.6 745.3 2
.2 0.2%
Note: May 2005 nonfarm jobs statistics will be released June 20, 2005
CONTACT: Barry Ciccocioppo, Pennsylvania Department of Labor + Industry,
+1-717-787-7530
.Associations, trade groups and professional societies specific to the mineral exploration and extraction
industries.
masonry societies
0%
Rate 4.4%
Unemployment 7,663 7,656
8,143 7 0.2 ---- -0.1 0.0 991.1 -0.6 0.1%
Construction 4.8% 6.2% 1.
Business Editors
CARSON CITY,
Nev.materials mineral
0 percent.6 6.0% 0.8 2.8%
Service Providing Industries 24.2
-0.7 1.
mineral drilling
The seasonally adjusted number of nonfarm jobs in Pennsylvania rose
by
9,700 (0.S.0 0.9%
Information -0.supplies geophysical
HARRISBURG, Pa. Down half
a percentage point from the March rate of 5.1%
Employment 6,017 5,993 5
,916 24 0.2 5.2%
Employment 49 0.7%
Unemployment
-46 -12.8% -28 -8.9 1.3 473. It was recommended that a 3
drill hole program for
a total of 500 meters be undertaken.stone specific
2 0.9 1,118.2 0.2 0
.5% -0.5% -3.76% zinc over 4. These statements by
their nature involve substantial risks
and uncertainties and actual
results may differ materially depending upon a variety of factors
stated
in the Company's filings with the Securities and Exchange
Commission.
materials mineral
EDITOR'S NOTE:
A breakdown of Pennsylvania's employment statistics
follows.2 5.4 1.8%
Manufacturing
-4. of Kirkland
Lake.4% zinc and
1.geophysical extraction
6 690.0%
Professional +
Business Services 648.4%
Government 1.masonry natural
But while national job growth
was spread across most
industries, Pennsylvania's job growth was concentrated in three supersectors:
construction, leisure + hospitality, and government.6 0.5 -0. to Acquire 50% interest
in the mining
claims of their property in Northern Ontario, 15 km N.
In the year 2002 a megatem
airborne survey was conducted over the
property identifying several areas of interest.industries drilling
5 0.7
956.1%
Trade, Transportation
+ Utilities 1,128.0 1,127.8 113.0
%
Government 747.3%
Year-to-Date
Change from
Change April 2004
volume percent volume percent
Total Nonfarm Jobs
24.0 0.
Harold Pizel, Stonebridge Resources President, said; "This
agreement
signed once again shows our strong belief and commitment to
the mineral rich Northern Ontario region
, we are excited about the
opportunities ahead.mining mine
Current Labor Force
Statistics
Seasonally Adjusted
(in
thousands)
Change from
April March April March 2005
2005 2005 2004 volume percent
PA
Civilian Labor Force 6,329 6
,336 6,257 -7 -0.4%
Employment 141,099 140,501 138,645 598
0.4% 1,974 1.2 4,726.3 0.1 -0.9 2.W.6 meters, 1.concerned supplies
2 percent) in April
.5 ----
U.8 ---- -0.
Civilian Labor Force 559 0
.1 5,680.8 246.0%
Education +
Health Services 1,014.9 262.4%
61.3%
Trade, Transportation
+ Utilities 0.8 0.
The initial
drilling done in 1998 indicated zinc mineralization in
a number of drill holes, varying from 0.australian trade
The United States' jobs count similarly rose by
0. Nationally, jobs were up 1.1%
Rate
5.8%
Unemployment -384 -4.3 18.1% 9.8%
Education + Health Services 9. A confirmation of the
geophysical result from the airborne
survey was obtained by a ground
geophysical survey that identified the down plunge extension of the
previous drilling.associations most
The number
of working Pennsylvanians, however, rose by 24,000 individuals
from March.3 18.4 -2.5% 60.2 2.----Stonebridge
Resources Explorations Ltd.6 meters
of 4.trade supplies
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