Sunday, May 06, 2007

New Canadaian Gold Coin Is Worth $2.4 Million



Are you a Gold Coin collector? A Serious collector?

Then you need to read about this monster.

The Royal Canadian Mint unveiled a welcome addition, on Thursday, a monster gold coin with a face value of C$1 million (U.S. $903,000). The Mint says this is the world's biggest, purest and highest denomination coin.

You can't argue with that! and Don't expect to keep one in your keepsake box unless you have a trunk, this coin weighs 100 kg's (220 lbs) and is the size of an extra large pizza.

Measuring 53 centimetres and over 3 cm thick, the monster coin is also handcrafted showing the Canadian Maple leaf on the face and the words Canada Fine Gold Gold 100kg.

The the new Mint Gold coins are adorned with a maple leaf and boast 99.999 percent purity, a notch above previous purity peaks of 99.99 percent.

"Since the Royal Canadian Mint upped the ante on the rest of the world in 1982, by raising the purity of gold bullion to four nines pure (99.99 percent) other nations have come on the scene ... Austria, the United States, and Australia being the case in point," said mint spokesman Alex Reeves.

What a coin to have. I think that the price of Gold is going to rise much more in the future. What do you think a coin like this would be worth in say 10 years from now? Leave a comment tell me what you think.


News Story

Friday, May 04, 2007

Manitoba Prospecting Rice Lake Greenstore Belt

We took some pictures while prospecting for gold in the Stormy lake area of Manitoba.
The first one is of a hill (cliff) almost fully covered with a sheet of quartz combination.





This is a very interesting formation. There is a vein located at the bottom of the cliff that appears to be part of the same vein exposed on the cliff. The cliff is about 6 meters high and is exposed over near 100 meters. Any thoughts?




The above picture is of an old trench made to expose a vein on the same claim. We took samples and are awaiting assays. Earlier samples (near the trench) from an exposed vein returned over 14 grams per tonne AU.

We are also pleased to announce that we now offer claim staking, line cutting and prospecting services to the mining industry in Manitoba. Recently numerous industry people have told us that such services are hard to obtain due to a shortage of knowledgeable persons willing to do the work.

We have now assembled a crew and equipment and have begun some projects. If you wish to inquire about our services email aquafarms(at)gmail.com or call 204-785-9995 for information.