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MineWeb reports on congressional hearing on U.S. Mint's failure

Section: Daily Dispatches

11:29a ET Friday, April 8, 2011

Dear Friend of GATA and Gold:

MineWeb's Dorothy Kosich reports on yesterday's congressional hearing on the failure of the U.S. Mint to meet gold and silver coin demand. While the issue doesn't seem to have been raised at the hearing, the U.S. Treasury Department, which controls the mint, can hardly want gold and silver coins to start getting so widely circulated that people start realizing that they're pretty good money. The MineWeb report is headlined "Subpar U.S. Mint Practices Encourage Speculation, Congress Told" and you can find it here:

http://www.mineweb.com/mineweb/view/mineweb/en/page72068?oid=124650&sn=D...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.



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Sona Drills 85.4g Gold/Ton Over 4 Metres at Elizabeth Gold Deposit,
Extending the Mineralization of the Southwest Vein on the Property

Company Press Release, October 27, 2010

VANCOUVER, British Columbia -- Sona Resources Corp. reports on five drillling holes in the third round of assay results from the recently completed drill program at its 100 percent-owned Elizabeth Gold Deposit Property in the Lillooet Mining District of southern British Columbia. Highlights from the diamond drilling include:

-- Hole E10-66 intersected 17.4g gold/ton over 1.54 metres.

-- Hole E10-67 intersected 96.4g gold/ton over 2.5 metres, including one assay interval of 383g of gold/ton over 0.5 metres.

-- Hole E10-69 intersected 85.4g gold/ton over 4.03 metres, including one assay interval of 230g gold/ton over 1 metre.

Four drill holes, E10-66 to E10-69, targeted the southwestern end of the Southwest Vein, and three of the holes have expanded the mineralized zone in that direction. The Southwest Vein gold mineralization has now been intersected over a strike length of 325 metres, with the deepest hole drilled less than 200 metres from surface.

"The assay results from the Southwest Zone quartz vein continue to be extremely positive," says John P. Thompson, Sona's president and CEO. "We are expanding the Southwest Vein, and this high-grade gold mineralization remains wide open down dip and along strike to the southwest."

For the company's full press release, please visit:

http://sonaresources.com/_resources/news/SONA_NR19_2010.pdf



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Friday, April 29, 2011
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The Gold Standard Now: It Can Work

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