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: Lucky Picks of The Day: (OTCBB:SILA)- (OTCBB:XOHO)- (OTCBB:EFIR)
Sep 08, 2010 (M2 PRESSWIRE via COMTEX) --
Rochester NYaEUR" www.shamrockstocks.com names (OTCBB:SILA) Gold American Mining Corp., (OTCBB:XOHO) XO Holdings, Inc., and (OTCBB:EFIR) EGPI Firecreek, Inc. itaEUR(TM)s aEURoeLucky Picks of the Day!
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About GOLD AMERICAN MINING CORP.
Gold American Mining Corp. is a publicly traded (OTCBB: SILA) precious metals exploration company focused on the aggressive, ongoing acquisition and exploration of holdings with rich gold and silver production potential. Based in Reno, Nevada, Gold American has developed a promising portfolio of international properties in regions marked by stable politics, sound economies and friendly business relations. For more information the Company and its projects, visit Gold AmericanaEUR(TM)s website at www.gold-american.com.
News Today:
RENO, NV, Sep 07, 2010 aEUR" Gold American Mining Corp. (OTCBB: SILA) (aEURoeGold AmericanaEUR and/or aEURoethe CompanyaEUR) is pleased to report that its Board of Directors has approved the initiation of the first phase of field operations at its La Escondida Project in Sonora State, Mexico.
Gold American has completed the initial evaluation of all historical data on the La Escondida property and has decided to move forwards with its first phase of exploration. This phase will consist of detailed sampling within the mineralized zones, mapping, and a structural evaluation of the area. Subject to the results of this phase, the Company will decide to proceed with the second phase, which would consist of a comprehensive geophysics program of the property.
aEURoeWe are excited to begin exploration operations at La Escondida, at a time when Gold American is seeking to find new silver-gold deposits. The project has an exciting potential, the infrastructure in place is excellent and multiple exploration targets have already been identified,aEUR commented Johannes Petersen, President of Gold American. aEURoeWe expect this phase to last 3 to 4 weeks and it will focus on locating, measuring and sampling of historical workings and geological mapping of the property. Several of the target zones remain open in at least one direction and it has been determined that historic workings were shallow, leaving open the possibility of finding mineralization over much greater strike lengths and depths,aEUR added Mr. Petersen.
La Escondida Property Summary
La Escondida property is comprised of two mineral concessions that cover 439.8 acres. It is located approximately 124 miles northeast of the city of Hermosillo in Sonora State, Mexico. The property is located in a region that has seen significant recent activity by foreign mining companies. It is located 19 miles southwest of NYSE-listed Yamana Gold Inc.aEUR(TM)s Mercedes project, a development stage gold-silver project which is expected to start production at a rate of approximately 120,000 gold equivalent ounces per year from 2012. The La Escondida project is also located 18 miles south of Cerro Prieto project of Oroco Resources Corp., which recently reported 383,833 ozs gold and over 6 million ounces of silver reserves.
The property is host to two distinct mineralized targets associated to a fault: a bulk tonnage-style gold-silver-lead disseminated area and a high-grade epithermal vein-hosted silver and gold area. Small gambusino-style workings occur at different points on these targets, where historical sampling returned selected results as high as 1.85g/t Gold and 908.69 g/t Silver. The high-grade vein-hosted silver and gold target consists of two veins. One vein is exposed over an area at least 800m long and is reported to be 3-5 meters wide. The second vein is exposed over an area at least 500m long and is reported to be 1-2 meters wide. The disseminated zone is found between these two veins, approximately 100 meters wide. These zones are open both along strike and at depth.
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About XO Communications
XO Communications, a subsidiary of XO Holdings, Inc. (OTCBB: XOHO), is a leading nationwide provider of advanced broadband communications services and solutions for businesses, enterprises, government, carriers and service providers. Its customers include more than half of the Fortune 500, in addition to leading cable companies, carriers, content providers and mobile network operators. Utilizing its unique combination of high-capacity nationwide and metro networks and broadband wireless capabilities, XO offers customers a broad range of managed voice, data and IP services with proven performance, scalability and value in more than 75 metropolitan markets across the United States. For more information, visit www.xo.com.
News Today:
LOS ANGELES, CA, Sep 07, 2010 aEUR" XO Communications (OTCBB: XOHO) today announced an expansion of its metro network presence in the Los Angeles metropolitan market. The initiative demonstrates XO CommunicationsaEUR(TM) strategy to expand its presence in existing XO(R) markets in order to serve more enterprise customers with its award-winning IP-based communications and managed network solutions and exceptional customer experience.
By expanding the reach of its 19,000-mile nationwide network and establishing additional points of presence across the Los Angeles market, XO Communications is now able to serve thousands of new businesses and offer them a more competitive alternative for their local and nationwide communications and networking needs. The expansion increases XO CommunicationsaEUR(TM) reach across the northern suburbs of Los Angeles County in Burbank, Glendale and Pasadena and adds to the companyaEUR(TM)s already extensive local presence where its fiber metro network spans more than 350 route miles. TodayaEUR(TM)s announcement builds on XO CommunicationsaEUR(TM) expanding presence across Southern California and follows the companyaEUR(TM)s Inland Empire network expansion announced in November 2009.
aEURoeWe are very excited about expanding our network coverage across the Los Angeles market,aEUR said Mark Harris, general manager of the Los Angeles market for XO Communications. aEURoeLos Angeles is a dynamic market with businesses operating across many areas within the metro area as well as nationally and internationally. With our extensive network reach and broad portfolio of services, XO Communications is uniquely positioned as the leading competitive alternative for businessesaEUR(TM) communications and network needs.aEUR
XO Communications offers businesses and large enterprises a superior customer experience and solutions built around their unique needs that enable them to:
aEUR" Connect all of their locations seamlessly regardless of size or
location with a broad range of cost-effective and scalable high
performance networking services;
aEUR" Communicate between offices, customers and partners with next
generation VoIP and unified communications solutions that help
increase efficiency and productivity;
aEUR" Manage their networks with solutions that allow them to simplify, get
better control and dedicate more resources on their core business
operations;
aEUR" Protect mission-critical applications, information and networks with
business continuity, managed security and private data networking
solutions; and
aEUR" Optimize business performance with managed network solutions that
accelerate the speed of mission critical applications and networks.
For more information about XO Communications and its services, contact an XO sales representative by calling 866-349-0134 or visit www.xo.com.
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About EGPI Firecreek, Inc.
EGPI Firecreek, Inc.aEUR(TM)s business and acquisition strategy is focused on both the vertical integration of enterprises serving the D.O.T. Construction and Intelligent Traffic System markets through South Atlantic Traffic, Inc. (SATCO) alongside its wholly owned subsidiary M3 Lighting, Inc. (M3), and on oil and gas production with an emphasis on acquiring existing fields with proven reserves, the rehabilitation of potentially high throughput oilfields, resource properties and inventories, through its wholly owned subsidiary Energy Producers, Inc. (Energy Producers) and for oil and gas servicing business through its wholly owned subsidiary Chanwest Resources, LLC (CWR). EGPI Firecreek, Inc. is also looking to expand into alternative energy sources as well as industries in the energy field. Other companies in the oil sector include Exxon Mobil, Pantina Oil and Gas Inc., Frontier Oil Inc. and Cabot Oil & Gas Inc.
News Today
SCOTTSDALE, AZ, Sep 07, 2010 aEUR" EGPI Firecreek, Inc. (OTCBB: EFIR) and Terra Telecom, LLC (referred as aEURoeTerraaEUR) are pleased to announce the receipt of a $700,000 purchase order from a new client in the education industry, located in the Northeast region of the U.S.
As previously reported, Terra Telecom is a leading provider of state-of-the-art communication technologies and a premier Alcatel-Lucent partner. They currently serve various sized companies and organizations that use and deploy communications systems, sales, service, and training while consolidating and optimizing the end user experience. Their goal is to provide customers value and integrity in each of these opportunities. Since 1980, Terra has focused on delivering enterprise solutions; while leading with voice services and offering full turn-key solutions that consist of voice, data, video and associated applications.
Under the terms of the purchase order, Terra Telecom will be providing various voice solutions using the Alcatel-Lucent platform.
Wade Clark, Terra Telecom CEO, stated, aEURoeWe expect this purchase order to help increase our revenues by another 20 percent within that vertical.aEUR He also stated, aEURoeWe are very committed to the exponential growth and success of our operations and are now focusing our efforts into business sectors that we feel will show the greatest impact for growth within the various industries that we deal with.aEUR
On August 30th 2010, EGPI Firecreek signed a binding Letter of Intent to acquire Terra Telecom, LLC. Terms have already been set and agreed to by both parties. Both companies are currently working through their due diligence process and plan to finalize the acquisition by September 30th.
About Terra Telecom
Terra is an industry leader in value creation for each of their clients and stakeholders. TerraaEUR(TM)s enterprise business has experienced exponential sales volume and revenue growth since January 2005 with year to year revenue growth averaging 46.6% over 2005, 2006 and 2007. The revenue growth fueled by increases in the volume and scope of jobs created the need for significant infrastructure growth. In 2006 Terra relocated its company headquarters to a modern, 25,000 square foot facility in Tulsa, Oklahoma. This facility provides the Company the space to continue growth and the ability to manage operations throughout the nation.
Terra Telecom also works with the United Nations delivering Alcatel voice products to several countries and the Texas Dept. of Transportation, which will bring significant opportunities to EGPI through various ITS/DOT opportunities with Alcatel products.
For more information on Terra Telecom, please go to:
http://www.terratele.com
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