Elray Resources Inc. ELRA Archives

TuesdayNov 04, 2008 12:01 pm

A Look at Elray Resources Inc.’s (ELRA.OB) Prophyry Creek Project

Elray Resources, Inc. (ELRY.OB) is a junior exploration and development corporation with an established portfolio of highly prospective, heavily mineralized mining tenements in South East Asia and North America. The company intends on becoming a multi-region exploration and production mining company, holding multiple properties and focused on responsible exploration of mineral resources and maximizing shareholder value. Founded by senior executives and geologists with experience with the major gold production companies, Elray Resources has a duel strategy of identifying high value properties to prove up resources and acquiring properties that can quickly be brought to production stage for gold and other…

FridayOct 31, 2008 6:29 am

An Overview of Elray Resources Inc.’s (ELRA.OB) Senator Project

Elray Resources is an up and coming young company that is beginning to make its mark throughout the world. A technically driven gold and precious mineral exploration company, Elray is breaking ground with the Senator Project. The Senator Project, also known as the Senator Mine Project, is an endeavor located in a mineral-rich region of Cambodia. Through the Senator Mine Project, Elray will have the ability to capitalize on the gold market. The Senator Mine Project is a strong exploration target with the reported underground working, map reference by the French mapping and reporting of the 1970s and observed mineral…

FridayOct 24, 2008 5:59 am

Elray Resources Inc. (ELRA.OB) Makes Zircon Find in Indonesia, Joint Venture Likely to Develop Deposit

Seeing a company reach certain milestones always gives an investor a solid feeling of self worth. In many ways, explorers of old were looking for the same sort of feeling, discovering something where others thought there was none. Succeeding in this quest almost makes one’s heart swell. A solid monetary reward is always nice, but sometimes an investment in a long shot maverick company can offer the same feeling. Elray Resources Inc., a junior mining company, works from a technical perspective to identify and develop, through joint ventures, mining opportunities in Indonesia and North America. The company is currently pursuing…

WednesdayOct 22, 2008 12:42 pm

Elray Resources, Inc. (ELRA.OB) – Diving into the Zircon Sands of Indonesia

Founded by senior executives and geologists with experience in the major gold production companies, Elray Resources saw a niche for a company that could combine the level of expertise typically found in a major company with the responsiveness, speed and growth potential of a junior firm. It’s this quick, nimble movement of Elray Resources that has led them to the latest in mineral finds – the Indonesian Zircon Sands. Indonesia has some of the world's largest deposits of zircon sand, coal, copper, tin, nickel and gold, and is keen to earn more from the sector particularly as strong demand from…

FridayOct 17, 2008 9:12 am

Elray Resources Inc. (ELRA.OB) is “One to Watch”

Elray Resources Inc. has dedicated their efforts to becoming a multi-region multi-property exploration and production mining company. The company is focused on identifying and acquiring high value properties that are able to be quickly brought to the production phase. While staying committed to their business strategy, the company intends to operate responsibly and maximize shareholder value. Elray was founded by a team of executives and geologists that have extensive experience within the mining industry. This team of professionals believe there is a niche for the company that can successfully combine the experience of those who have worked for major gold…

ThursdayOct 16, 2008 12:19 pm

Elray Resources, Inc. (ELRA.OB) Moves Zircon Sand into Gold and Precious Metal Portfolio

Zircon sand is used in a wide variety of industrial processes, although you may not be familiar with the substance. Major uses of Zircon include the glass substrates of liquid crystal displays (LCDs) and plasma display panels (PDPs). In the ceramic industry, zircon sand is used as an additive to glazes on tiles. It is also used in abrasives, electronics, oxygen sensors, ceramic pigments, paints, catalysts, and fuel cells. In addition, it is used as a neutron absorber in nuclear reactor control rods. Demand for Zircon sand is set for ongoing continuing growth as world consumption increases. Roskill Information Services…

FridayOct 03, 2008 4:17 am

Elray Resources, Inc. (ELRA.OB) Discovers More Gold Drilling Targets In Cambodia

Elray Resources, Inc announced its investment in the historical Rom Dey Vein is paying off, with new high-value drilling targets identified. Elray owns 100 percent of the mineral licensing for the 5,400-hectare Angkor Wat project in Cambodia, including the historic Rom Dey Vein. Historical workings are seen as good indicators of the presence of gold, the company says in a news release. Recent grab samples collected from the Rom Dey deposit and analyzed by ALS Chemex laboratories returned values up to 71.9 grams of gold per ton. The Angkor Wat lands contain several large areas of colluvial gold workings and,…

WednesdayOct 01, 2008 11:02 am

Elray Resources Inc. (ELRA.OB) Announces Significant Finds on Mexico Mineral Property

Elray Resources Inc. (OTCBB: ELRA) is a precious mineral exploration company with a portfolio of four highly prospective, heavily mineralized mining tenements in Cambodia and Mexico. The company today announced positive news on one of its properties south of the border. Elray found the presence of a million-tonne gold bearing outcrop in the Analhi Project, located in Sinola state, Mexico. The site is known to be heavily mineralized, and is ideally located within seven miles of water and power supplies. According to the company, these resources significantly contribute to the viability of the project. The company’s stated mission is to…

TuesdaySep 30, 2008 7:30 am

Elray Resources Inc. (ELRA.OB) Continues to Find Positive Cambodian Gold Indicators

The legions of miners drawn to the 1840’s California gold fields is a testament to the power of gold. Miners braved all sorts of conditions to strike it rich, and that lure still draws miners and fortune seekers to the last unexplored regions of the world. Although many people will never be able to actually participate in the adventure of gold mining in unexplored regions of the planet, the opportunity to be a part of the adventure does exist. Playing the edges of the gold mining business can be fun and exciting for the adventurous at heart, and it can…

MondaySep 29, 2008 1:06 pm

Elray Resources, Inc. (ELRA.OB) is “One to Watch”

Headquartered in Phnom Penh, Cambodia, Elray Resources, Inc. is a junior exploration and development enterprise trading on the OTCBB. Their corporate mission is to become a multi-region, multi-property exploration and production mining company. They have a portfolio of four highly prospective and heavily mineralized mining tenements in Cambodia and Mexico. Their focus now is to source potential and viable projects, conduct geological assessments, and seek joint venture partners to develop these properties. Their 100-percent controlled entity in Cambodia is Angkor Wat Minerals Ltd. Elray Resources' properties in Cambodia total over 15,000 hectares. Cambodia has emerged as a stable and pro-business…

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