Change of Auditors
The Company is also pleased to announce that it
has dismissed its auditors
and engaged a CPA firm in the United States to enable the Company to file
its
regulatory reports in a more timely fashion.
Exploration
- New Order Prospecting
Permit for Grasvally property, which
forms the southern extension of the Rooipoort Platinum project
,
granted by the South African Department of Minerals and Energy.
sabre geophysical
This Right was notarised on May
11, 2005 and drilling has already commenced at Grasvally in order to
identify the platinum resource
.staking mineral
For more information visit info@bmegold.geophysical saharan
com/ir/presentation/index.
On June 8th, 2004
, Battle Mountain Gold Exploration Corp.
- Mineral structures in Crescent and Victory zones intersected
by
development on 10 level.
- Airborne geophysical survey completed over Eersteling gold
project
. We anticipate this trend continuing
during the current quarter.seismic staking
, Battle Mountain Gold
Exploration
Corp.bmegold.com.
- Planned enhancements to the metallurgical plant have been
substantially
completed.caledoniamining.corriente sabre
RENO, Nev. The financial results are reported in thousands
of Canadian
dollars except where otherwise stated.
Concentration testwork at Nama continues, along with testing
of
concentrate by end users.caledoniamining.tmc mineral
FOR INVESTOR INFORMATION PLEASE
CALL 1-800-436-0167
explo extraction
entered into a
joint venture with Nevada Gold Exploration Solutions
("NGXS") to form Pediment
Gold LLC, a Nevada Limited Liability company ("Pediment"), to explore the
Nevada Great Basin physiographic area using a proprietary water chemistry
database and sampling
methodology developed by NGXS.
For the quarter ended March 31, 2005 Caledonia recorded a net
loss, after write downs, of $1.streamers corriente
("Battle Mountain Gold") (OTC Bulletin Board: BMGX) is
pleased
to announce that results from the proprietary ground-water chemistry
program conducted in 2004 exceed
targeted expectations and the Company is
exploring strategies to accelerate and expand the program
.htm .
The Company's new auditor is the firm of Chisholm, Bierwolf + Nilson LLC,
a CPA firm
with extensive experience working with small natural resource
companies. The Company is focused
on the exploration for and the
acquisition of mineral properties; principally gravel-covered pediment
gold
occurrences in the State of Nevada.
Battle Mountain Gold Exploration Corporation
Sixth Floor, Suite 9
One East Liberty Street
Reno, Nevada 89504
Tel:
(775) 686-6081 Fax: (775) 686-6066
Safe Harbor for Forward-Looking Statements: This release
contains certain
"forward-looking statements" as defined by the Private Securities Litigation
Reform
Act of 1995, including, without limitation, expectations, beliefs,
plans and objectives regarding
the potential transactions and ventures
discussed in this release.mineral prospecting
007 per share) in the same period
of 2004. The AIM twenty day announcement can be
found on the Caledonia website, www.This will
also include organizations who control land holdings containing these reserves.
comparable hydrophone
News Editors
TORONTO----Caledonia Mining
Corporation ("Caledonia") (TSX:CAL)(NASDAQ-OTCBB:CALVF) is pleased
to
announce its key financial and operating results for the first quarter
ended March 31 2005
. Caledonia remains
debt-free.extraction seismic
Pursuant to the joint
venture, Battle Mountain Gold will fund an
aggregate of $3,250,000 for the
execution of the ground-water geochemical exploration program and
earn a
70% interest in Pediment Gold plus an option to earn an additional 10%.8 million ($0.com
Further information regarding Caledonia's exploration activities
and operations along with its
latest financials may be found at
www.calista mineral
Operational Highlights
Barbrook Gold Mine
- Production improvements were evident during first quarter and
have
continued through April
.deposits titanium
We will update shareholders once
negotiations with end users have been finalised.com
Caledonia
Mining Corporation (TSX:CAL) (OTC Bulletin Board:CALVF)
calista undertake
Battle Mountain Gold Announces
Completion of 2004 Field Sampling Program Acceleration of Land Acquisition Program and Change of Auditors
- Geochemical soil sampling program of 3,389 samples completed at
Eersteling gold project
.comparable geophysical
(OTC Bulletin Board: BMGX) takes no obligation to update or correct
forward-looking statements.
sabre calista
Battle Mountain Gold's outstanding
management team collectively has more than 110 years of experience
discovering
significant gold ore-bodies, building world-class mines and creating
shareholder value
. Battle Mountain Gold Exploration,
Inc. The loss in 2005 results from operations at Barbrook during
the quarter, ongoing exploration and assay costs, Nama test work
costs and the normal administration
expenses.saharan marschall
streamers towed
Acceleration of Land Acquisition Program
Based on the positive results of
the 2004 field sampling program, Pediment
Gold has agreed to accelerate its land acquisition program
to secure areas
identified as highly prospective by the ground-water geochemical sampling
program
.
About Battle Mountain Gold
Battle Mountain Gold is a minerals exploration company
headquartered in
Reno, Nevada.Business sites relating to the exploration and development of mineral
reserves and do not undertake extraction and processing.
ore marschall
- Phase three drilling programme completed
with 3,653 meters
drilled on Rooipoort property.
Reviewing the quarter, Stefan Hayden, President
and CEO, said "I
am pleased to report good progress in the further development of our
core assets
.
With regards to the Rooipoort Exploration Project in South
Africa, the granting of the New
Order Prospecting Right for Grasvally
completes one of our 2005 objectives.corriente hydrophone
Among the important
factors that could cause
actual results to differ materially from those indicated by such forward
-
looking statements are the risks inherent in minerals exploration, the need to
obtain additional
financing, the availability of needed personnel and
equipment for future exploration and development
, fluctuations in the price of
minerals, and general economic conditions.caledoniamining.staking exploration
Over 1
,200 samples were collected and analyzed and
the results of the program have identified highly anomalous
gold in water at
22 new exploration target areas, some in the same orders of magnitude
associated
with known gold deposits.Caledonia Mining 1st Quarter Interim Results 2005
007 per share) compared
to a net loss of $1.
Turning to corporate activity, we recently announced our
intention
to seek a tertiary listing for Caledonia on London's
Alternative Investment Market (AIM) in June
in order to broaden the
institutional investor base.com
Caledonia Management's Discussion
and Analysis was published on
May 13, 2005 and is available on the company's website:
www.extraction deposits
A
description of
the proprietary ground-water chemistry exploration program is available on the
Company
's website at http://www.saharan tmc
com and specifically in the latest corporate
presentation -- http://www.exploration calista
bmegold
.
Completion of Field Sampling Program
The 2004 ground-water field sampling program
was completed in November and
an analysis of its results was completed and presented to the Company
's Board
of Directors this month.
- Metallurgical testing of trench sample from Nama cobalt
project
continues to assist pilot plant design.7 million ($0. Production at Barbrook Mines in South
Africa improved,
following the substantial metallurgical modifications undertaken last
year and
during this quarter.hydrophone marschall
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