Normabec: Best Gold Intersection Ever on Pitt Gold, 82,88 g/t Au over 4,58 m

[bjgnome]

Press ReleaseSource: NORMABEC MINING RESOURCES LTD. Normabec: Best Gold Intersection Ever on Pitt Gold, 82,88 g/t Au over 4,58 m
Thursday April 20, 10:36 am ET
ST-BRUNO, QUEBEC--(MARKET WIRE)--Apr 20, 2006 -- Normabec Mining Resources Limited (TSX VENTURE:NMB.V (http://finance.yahoo.com/q?s=nmb.v) - News (http://finance.yahoo.com/q/h?s=nmb.v)) is extremely pleased to announce the results of its latest drilling program on the Pitt Gold Property located along the Porcupine-Destor Break, some 35 km north of Rouyn-Noranda, Abitibi. was able to complete two holes before the spring break up (PG2006-01 and PG2006-03, total of 1,436 m). Hole PG2006-01 (864 m) targeted an area of known high grade mineralization, at depth and in the center of the deposit area. The hole was also extended with the objective of exploring new structures to the north of the known gold bearing veins.
Numerous gold intersections were obtained below known structures, including 82,88 g/t Au over 4,58 m (2.42 oz/ton Au over 15,03 feet), between 717,4 m and 721,98 m. That intersection is probably close to true width. This is the best grade ever recorded on a property that has returned its share of high grade intersections in the past. Two other significant structures were intersected even deeper in the hole. The first one returned 9,69 g/t Au over 1,35 m and the second one 3,59 g/t Au over 5,5 m. Those results might correlate with unidentified structures intersected in one hole drilled in 1996 by Santa Fe Mining (DQ96-41) and never followed up properly. These remarkable results open new, almost virgin, territories at depth and to the north of vein #1 and #2. Vein 1 is not present in that part of the property while Vein 2 might correlate with a value of 4,81 g/t Au over 0,32 m obtained higher in the hole. This hole was stopped because of spring break up and will be deepened when ground conditions are favourable.
Hole PG2006-03 (572 m, 250 m east of PG2006-01) was drilled to test the eastern portion of Vein #1, 50 m from PG2005-11 which returned 14,48 g/t au over 1,45 m, 9,02 g/t Au over 2,95 m and 9,05 g/t Au over 1,4 m. A first value of 4,27 g/t Au over 0,74 m was returned from a zone of disseminated sulphides associated with fushite. That value might correlate with a marginal structure often observed in upper levels of the system. Vein #1 is represented by a structure that returned 1,9 g/t Au over 0,5 m within a strongly gold anomalous quartz feldspar porphyry (QFP). Vein #2 was not recognized and might be absent in that area.
The gold is generally related to zones of quartz stockwork and silicification containing between 2 to 10% of disseminated pyrite and traces of chalcopyrite. All rock types, north and south of the Porcupine-Destor Break, can host mineralized structures although intermediate volcanics and QFP appear to be favoured in term of continuity.
The following table shows the best results of this program;

Hole # From To Width g/t Au
(m) (m) (m)
PG2006-01 589,3 589,62 0,32 4,81
717,4 718,13 0,73 63,84
718,13 718,84 0,71 44,78
718,84 720,0 1,16 pending
(assumed nil)
720,0 721,03 1,03 210,89
721,03 721,98 0,95 88,40
average 717,4 721,98 4,58 82,88
813,07 813,67 0,6 1,30
813,67 814,42 0,76 16,31
average 813,07 814,42 1,35 9,69
838,8 839,8 1,0 12,64
840,7 841,4 0,7 1,13
841,4 842,46 1,06 2,71
843,1 844,3 1,2 2,77
average 838,8 844,3 5,5 3,59

PG2006-03 380,7 381,44 0,74 4,27
488,11 488,61 0,5 1,902Numerous other samples were collected but results are pending. The next drilling program will be aimed at defining known high mineralization in the center of the deposit as well as these new high grade structures which appear to remain widely open, even towards surface. It should be noted that the mineralized intercepts obtained in DQ96-41, between 450 and 550 m of vertical depth, were never followed up towards surface (including 8,13 g/t Au over 0,5 m, 8,86 g/t Au over 1,84 and 3,03 g/t Au over 1,15 m).
All of NORMABEC's samples were analysed at Laboratoire Expert of Rouyn-Noranda and were subjected to fire assay with AA finish. All values above 1,000 ppb were re-analysed and cross-checks were done by fire assay with gravimetric finish and rejects re-analysed by fire assay with AA finish. Blank and standard samples were randomly introduced in our batches.
The 2006 drilling program was done under the supervision of Mr. Pierre O'Dowd, geologist and Qualified Person as per National Instrument 43-101 (OGQ #668).
NORMABEC can earn a 60 % interest of the property from partners SOQUEM INC. and GeoNova Exploration inc. by completing 15,000 meters of drilling before December 31, 2006 and an additional 20 % by investing a further $500,000 no later than December 31, 2007.
SOQUEM INC. is a wholly owned subsidiary of the Societe generale de financement du Quebec (SGF). The mission of the SGF, an industrial and financial holding company, is to undertake economic development projects in the industrial sector in cooperation with partners and in compliance with the economic development policies of the Government of Quebec.
GeoNova is a wholly owned exploration company of Campbell Resources Inc., a mining Corporation which operates mainly in the Chibougamau area (Quebec), and holds several gold and copper properties.


The TSX Venture Exchange has neither approved nor disapproved the contents of this press release.


Contact: Contacts:
Normabec Mining Resources Limited
Robert Ayotte
President
(450) 441-9177
(450) 653-3721 (FAX)
http://www.normabec.com (http://www.normabec.com/)

[bjgnome]

This stock is in serious yo-yo mode today. Maybe good chance to buy. I've got my shares. :proud:

[bjgnome]

down 25% in a couple of days on low volume... after those outstanding drill results... looks like a buy to me. Waiting for check to clear at Scottrade...

[gjc]

down 25% in a couple of days on low volume... after those outstanding drill results... looks like a buy to me. Waiting for check to clear at Scottrade...

Why don't you get a margin account? With a margin account at Scottrade, you can make purchases 3 days in advance of giving them a check and they won't charge you a dime of interest.

Even if you make your purchase a week or two before giving them the funds, the interest is still very minimal...

[bjgnome]

There has been a problem with margin on my account. Every time I call them, they say "what's up with your margin account?" and I ask them to fix it, and they say they will, but it's never fixed. I'll get on their butts today because this is causing missed opportunities.

[bjgnome]

ah...my canadian stocks are not marginable. Bummer.

[gjc]

They tell you that but it's BS. As long as you have buying power (for non-marginable securities), you should be able to make Canadian purchases. If not, you may want to switch brokers...

BTW, do you use Scottrade? I use Scottrade and have been able to buy Canadian stocks on margin just fine. At first, they told me that Canadian stocks weren't marginable...but I just ignored it and gave them my account number. Once they look into your account and see how much buying power you have, you'll be able to get whatever you want...

[bjgnome]

So, you're saying if I insist, they will let me use the equity in my canadian stocks for margin? I have had no problem buying candian, it is using those candians to buy something else that's been a probelm. Thanks GJC.

[gjc]

Oh, I see... Yeah, in that case, they're right. Canadian stocks don't give you buying power for your margin account. I misunderstood what you said, at first.

But if you have a healthy amount of $$ "buying power for non-marginable securities" available, you shouldn't have any problems with buying stuff on margin...

Good luck on getting that sorted out. Buying on margin has been very good for me, over the past several weeks. :clap2: :clap2: :clap2:

[bjgnome]

Looks like normabec is beefing up... I assume this is directly related to developments with the Real De Catorce silver property in Mexico. I think the due dilligence part of the agreement is up sometime in June. Also, connection with goldcorp smells a little like a buyout, no?



BJG



http://biz.yahoo.com/iw/060510/0128368.html


Federico Villasenor Joins the Board of Directors of Normabec
Wednesday May 10, 11:45 am ET
ST-BRUNO, QUEBEC--(MARKET WIRE)--May 10, 2006 --

Normabec Mining Resources Limited (NORMABEC)(TSX VENTURE:NMB.V (http://finance.yahoo.com/q?s=nmb.v) - News (http://finance.yahoo.com/q/h?s=nmb.v)) is pleased to announce that Federico Villasenor has joined the Board of Directors of the Corporation.

Mr. Villasenor is Director of Financial Planning for Luismin S.A. de C.V., the Mexican subsidiary of Goldcorp Inc. He obtained a B.S. in Mining Engineering from the University of Guanajuato in 1972, a Master of Science from Columbia University of New York City in 1976, and a Finance Degree from the Instituto Tecnologico de Mexico in 1985.
Mr. Villasenor is member of the Mexican Mining Chamber Board. He brings to NORMABEC a great deal of expertise and advice, which will enhance our corporate development in Mexico.
As a Director of the Company and according to the Stock Option Plan, Mr. Villasenor was granted 300,000 stock options at a strike price of CDN $0,45 and valid for a five (5) year period.


The TSX Venture Exchange has neither approved nor disapproved the contents of this press release.


Contact: Contacts:
NORMABEC MINING RESOURCES LTD.
Robert Ayotte
President
(450)441-9177
(450)653-3721 (FAX)
http://www.normabec.com (http://www.normabec.com/)

Source: NORMABEC MINING RESOURCES LTD.

[bjgnome]

Looks like a go on Real de Catorce, and a 43-101 coming out soon. The market likes it, up 12.5%

:ARMS1::clap2::yippee::beer::getdown::ARMS1:


Press ReleaseSource: NORMABEC MINING RESOURCES LTD. Due Diligence Completed on Mexican Silver Mining District
Wednesday June 21, 10:41 am ET
ST-BRUNO, QUEBEC--(CCNMatthews - June 21, 2006) - Normabec Mining Resources Ltd. (NORMABEC) (TSX VENTURE:NMB (http://finance.yahoo.com/q?s=nmb.v&d=t) - News (http://finance.yahoo.com/q/h?s=nmb.v)) is pleased to announce the conclusion of satisfactory due diligence on the Real de Catorce Property, located in San Luis Potosi State, Mexico http://us.bc.yahoo.com/b?P=JO5r.dhtfJCAh5GVQcL0NQDzQQu_zESZdk4AComz&T=1c00j3e4q%2fX%3d1150907983%2fE%3d13598642%2fR%3d fin%2fK%3d5%2fV%3d2.1%2fW%3d8%2fY%3dYAHOO%2fF%3d15 94094084%2fH%3dY29icmFuZD0iPGEgaHJlZj1odHRwOi8vd3d 3LmNjbm1hdHRoZXdzLmNvbS9pbmRleC5odG1sPjxpbWcgYm9yZ GVyPTAgc3JjPWh0dHA6Ly91cy5uZXdzMi55aW1nLmNvbS91cy5 5aW1nLmNvbS9wL2ZpL3ByLzQ5MjM0LmdpZiBhbHQ9Q0NOTWF0d Ghld3M.PC9hPiIgY2FjaGVoaW50PSIxMzU5ODY0MiIgY2FjaGV oaW50PSIxMzU5ODY0MiI-%2fQ%3d-1%2fS%3d1%2fJ%3d8E7C6DD8&U=139fcaiu0%2fN%3dlDCkKdibyhc-%2fC%3d439064.8302868.9220772.8049246%2fD%3dLREC%2 fB%3d3368932

As part of the review, Micon International Limited, an independent firm of senior geological, mining and metallurgical consultants with extensive experience in the mining industry, produced a 43-101 Technical Report in compliance with the Canadian Securities standards.

As previously released in March 2006, Normabec has agreed:shakehand to acquire a 100% undivided interest in this Mexican Silver Mining District ("the Real de Catorce Property") which has historically produced more than 230 million ounces of silver.


During this evaluation period, several aspects generally present in an historic mining camp were reviewed namely infrastructures, historical resources /reserves left in place, tailings and more importantly, exploration potential. Normabec is very pleased to have successfully completed with a high degree of satisfaction all the different phases of this technical review.
Normabec is a junior mining exploration company listed on the TSX Venture Exchange under the symbol NMB.
The TSX Venture Exchange has neither approved nor disapproved the contents of this press release.


Contact: Robert Ayotte
Normabec Mining Resources Limited
President
(450) 441-9177
Source: NORMABEC MINING RESOURCES LTD.

[bjgnome]

No suprise, but good news anyway.

BJG

*******************
Press ReleaseSource: Normabec Mining Resources Ltd. Normabec: Definitive Agreement Signed on the Real de Catorce Silver Mining District
Monday June 26, 1:39 pm ET


ST-BRUNO, QUEBEC--(CCNMatthews - June 26, 2006) - Normabec Mining Resources Ltd. ("Normabec")(TSX VENTURE:NMB (http://finance.yahoo.com/q?s=nmb.v&d=t) - News (http://finance.yahoo.com/q/h?s=nmb.v)) through its wholly owned Mexican subsidiary Minera Real Bonanza S.A. de C.V. ("MRB") is pleased to announce the signing of the Definitive Option and Purchase Agreement with Restauradora de Las Minas de Catorce S.A. de C.V. (the "Optionor"), a company owned by the Garcia family of Mexico City, Mexico, on 15 (fifteen) mining concessions (the "Property") known as the Real de Catorce Property which has a production history of 230 million ounces of silver.

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The definitive agreement was finalized after satisfactory completion of due diligence including a 43-101 Technical Report issued by Micon International Limited.
MRB has agreed to acquire the Optionor's 100% undivided interest in the Property located in the northern part of San Luis Potosi State, approximately 25 kilometers west of the town of Matehuala, which lies approximately 200 kilometers due south of the industrial cities of Monterrey/Saltillo and about 170 kilometers due north of the city of San Luis Potosi.
Furthermore, MRB acquired the rights to an additional exploration concession which covers more than 3,051 hectares and surrounds the existing 15 mining concessions.
MRB can acquire its interest by making total cash payments totaling US$1,250,000 to the Optionor over a three year period and by issuing 500,000 common shares of NORMABEC. Furthermore, upon commencement of commercial production on the Property, MRB shall pay to the Optionor an additional sum of US$200,000. The Optionor will retain a 3% NSR ("Net Smelter Royalty"), of which 1.75% may be bought back by MRB in increments of 0.25% at a price of US$250,000 per increment for the first five years and at a price of $300,000 per increment for the next five years.
To quote Robert Ayotte, President of Normabec: "We are excited and very pleased with this agreement because the Property offers tremendous potential for the discovery of significant silver mineralization and provides us with an accessible mineral inventory left in place by the former operator as well as recoverable silver contained in the old tailings. This major producing silver mining district has not been subjected to modern exploration concepts and technology. MRB will commence the first stage of exploration in the next few weeks, to better define high-priority targets for drilling. NORMABEC will now apply, on this advanced property, its systematic approach to reach pre-feasability stage in order to maximize the property's potential as well as shareholder value."
Normabec is a junior mining exploration company listed on the TSX Venture Exchange under the symbol NMB and is currently exploring the Pitt Gold Property located in the Rouyn-Noranda Mining Camp.
The TSX Venture Exchange has neither approved nor disapproved the contents of this press release.


Contact: Robert Ayotte
Normabec Mining Resources Ltd.
President
(450) 441-9177
Source: Normabec Mining Resources Ltd.

[bjgnome]

Insiders buying:

Sep 15/06 Sep 05/06 Boisjoli, Robert 10 - Acquisition in the public market Common Shares 55,000 Aug 09/06 Aug 02/06 Lawrick, Victor Lewis 50 - Grant of options Options 300,000 $0.300 Jul 31/06 Jul 25/06 Lawrick, Victor Lewis 10 - Acquisition in the public market Common Shares 10,000 $0.300 Jul 29/06 Jul 25/06 Ayotte, Robert 10 - Acquisition in the public market Common Shares 5,000 $0.300 Jul 29/06 Jul 21/06 Ayotte, Robert 10 - Acquisition in the public market Common Shares 5,000 $0.300 Jul 27/06 Jul 21/06 Lawrick, Victor Lewis 10 - Acquisition in the public market Common Shares 37,500 $0.300 Jul 24/06 Jul 20/06 Lawrick, Victor Lewis 10 - Acquisition in the public market Common Shares 24,500 $0.290 Jul 24/06 Jul 18/06 Lawrick, Victor Lewis 10 - Acquisition in the public market Common Shares 10,500 $0.310 Jul 18/06 Jul 13/06 Lawrick, Victor Lewis 10 - Acquisition in the public market Common Shares 19,500 $0.299 Jul 07/06 Jul 04/06 Lawrick, Victor Lewis 10 - Acquisition in the public market Common Shares 24,000 $0.298

[bjgnome]

Press Release Source: Normabec Mining Resources Ltd.

Normabec Mining Resources Ltd.: Drilling Started on the Tailings Piles of the Real De Catorce Silver Mining District
Thursday November 9, 2:11 pm ET

ST-BRUNO, QUEBEC--(CCNMatthews - Nov. 9, 2006) - Normabec Mining Resources Ltd. (TSX VENTURE:NMB - News; FRANKFURT:N6M - News; "Normabec"), through its wholly owned Mexican subsidiary Minera Real Bonanza S.A. de C.V. ("MRB"), is pleased to announce that exploration is progressing well on its 100% owned Real de Catorce silver project in San Luis Potosi state, north-central Mexico.
ADVERTISEMENT

The company's short term objective is to quickly create value to the shareholders with its Mexican project. To do so, management is developing the property on three fronts. The first one, which is already well on its way, is to determine the economic potential of the tailings piles. This program was started first because of its immediate access and minimal infrastructure and investment. Secondly, the company intends to transform the historical inventory, estimated when the mine was shut down in 1990, into 43-101 compliant resources. Thirdly, the company intends to carry out systematic underground exploration drilling to explore the extensions of the various veins starting with the main one (Veta Madre).

To date, in addition to systematic mapping and sampling of the vein system at surface, MRB has initiated systematic drilling of the three tailing piles. This program was recommended by Micon International in its NI 43-101 Technical Report on the property (June 2006) as previous operators had estimated that the tailing piles contained between 1.5 and 2.0 million tonnes of material grading between 60 and 105 g/t Ag. This program will enable the company to produce a NI 43-101 compliant resources estimate for the tailing material.

Auger type drilling is being carried out on a 25 X 25 m grid over the entire tailings. Samples are being collected at every 1.5 m interval. The auger system used on site (called penetrometro) enables sampling without contamination of samples. The company estimates that 112 holes, totaling 1,110 meters, will be needed to cover the entire potential area (300 X 300 m X approximate average thickness of 10 m). Density measurements and surveying of the tailings are also being carried out.

As part of the company quality control program (QA/QC), and as recommended by Micon, silver standards were generated from tailing material. To produce those standards, the company took two 500 kg samples and had them homogenized and assayed at 5 different laboratories (6 samples per lab). The average grades obtained from 60 results represent our standards. A blank sample was also produced. They are being incorporated with all batches of samples sent to the lab. Duplicates and re assaying of high grade assays are also parts of the QA/QC procedure.

Drilling, density measurements and surveying of the tailings should be completed by the end of November. An independent NI 43-101 resource estimate will then be commissioned. Material collected during the drilling program will then be used to carry out metallurgical testing in order to determine the best possible milling flow sheet.

On the two other fronts, mine plans and infrastructures are being prepared for the rehabilitation of portions of the mine. This work will lead to the re sampling of the mine in order to transform the historical mineral inventory into 43-101 compliant resources, as well as to the setting up of drill stations to explore the southeastern extension of Veta Madre. So far, the work in Real de Catorce is progressing on schedule.

Normabec is a junior mining exploration company listed on the TSX Venture Exchange, under the symbol NMB, active in both Canada and Mexico in exploration of high quality assets.

The TSX Venture Exchange has neither approved nor disapproved the contents of this press release.


Contact:
Robert Ayotte
Normabec Mining Resources Ltd.
President
450-441-9177
info@normabec.com
www.normabec.com

Trent Dahl
Normabec Mining Resources Ltd.
Investor Relations
604-684-4743
Toll free: 1-866-684-4743
trent@ascentacapital.com
Source: Normabec Mining Resources Ltd.

[bjgnome]

Press ReleaseSource: NORMABEC MINING RESOURCES LTD. Gearing Up for a New Phase of Drilling on Pitt Gold
Thursday December 7, 9:51 am ET
ST-BRUNO, QUEBEC--(CCNMatthews - Dec. 7, 2006) - Normabec Mining Resources Limited (TSX:NMB (http://finance.yahoo.com/q?s=nmb.to&d=t) - News (http://finance.yahoo.com/q/h?s=nmb.to)) is pleased to announce that it is getting ready to resume drilling on its Pitt Gold property located along the Porcupine-Destor Break, some 35 km north of Rouyn-Noranda, 82.88 g/t Au over 4.58 m on a new mineralized zone, the company built a permanent bridge over the Lanaudiere River and improved the access road to the drilling area. Work was also carried out at surface over the drilling area to facilitate the drilling.
Hole PG2006-01 returned the best gold values ever cut on the property. It also intersected numerous mineralized structures to the north of Veins 1 and 2 which were the focus of Normabec's drilling in the past. That drill hole had to be stopped because of snow melt down in early April. It will be deepened since it was still well mineralized near its bottom (3.59 g/t Au over 5.50 m between 838.8 and 844.3 metres).:clap2:
The central part of the Property, which contains a significant High Grade Zone, was NORMABEC's prime target area until these spectacular results were obtained in the western portion of that zone. This discovery opens almost virgin territories at depth and to the north of vein #1 and vein #2.
As mentioned in the compilation report and illustrated on the Vein 2 longitudinal section, the central part of the Property returned several high grade gold intersections, from drilling performed over the years by NORMABEC, Santa Fe Canadian Mining Limited and Pitt Gold Corporation:
PG2005-09 : 36,25 g/t Au over 4,6 meters
DQ95-32 : 16,91 g/t Au over 6,25 meters
DQ95-03 : 35,71 g/t Au over 2,03 meters
DQ95-37 : 13,02 g/t Au over 2,52 meters
P-58 : 9,82 g/t Au over 3,97 meters
P-35 : 10,42 g/t Au over 2,44 meters

:applause_:clap2::coolbeer:

The gold is generally related to zones of quartz stockwork and silicification containing between 2 to 10% of disseminated pyrite and traces of chalcopyrite. All rock types, north and south of the Porcupine-Destor Break, can host mineralized structures although intermediate volcanics and QFP appear to be favoured in term of continuity.
During the summer, the company raised $1,000,000 which will be mainly dedicated to the definition of these new high grade structures, at 50 metres spacing. In addition to the new discovery area, the high grade mineralization in the center of the deposit will again be targeted. The work should be carried out with two machines starting at the beginning of January 2007.
The 2007 drilling program will be carried out under the supervision of Mr. Pierre O'Dowd, geologist and Qualified Person as per National Instrument 43-101 (OGQ #668).
NORMABEC can earn a 60 % interest of the property from partners SOQUEM INC. and GeoNova Exploration inc. by completing 15,000 meters of drilling before June 30, 2007 and an additional 20 % by investing a further $500,000 no later than June 30, 2008. The proposed expenditures should enable NORMABEC not only to complete the acquisition of this 60% interest but also to earn an additional 20% interest.
SOQUEM is a wholly owned subsidiary of the Societe generale de financement du Quebec (SGF). The mission of the SGF, an industrial and financial holding, is to undertake economic development projects, in the industrial sector, in cooperation with partners and in compliance with the economic development policies of the Quebec government.
GeoNova is a wholly owned exploration company of Campbell Resources Inc., a mining Corporation which operates mainly in the Chibougamau area (Quebec), and holds several gold and copper properties.


Contact: Robert Ayotte
Normabec Mining Resources Limited
President
450-441-9177
info@normabec.com
www.normabec.com (http://www.normabec.com/)

Trent Dahl
Normabec Mining Resources Limited
Investor Relations
604-684-4743 ext. 228
Toll free: 1-866-684-4743 ext. 228
trent@ascentacapital.com Source: NORMABEC MINING RESOURCES LTD.

[bjgnome]

20% today... :birthday:

[bjgnome]

Sweet! Kickin' myself for not doubling up at .20, which I almost did. Anyway, nice ride... keeps making new highs.

:driver:

Drill results on the silver tailings in mexico came back better than expected and they are expecting drill results on their gold property soon.