SARASOTA, Fla., Oct. 19, 2004 (PRIMEZONE) -- The following is an investment opinion issued by eLocity Inc.: Bullion River Gold Corp. (OTCBB:BLRV), Kmart Holding Corporation (Nasdaq:KMRT) and Integra LifeSciences Holdings Corp. (Nasdaq:IART).
Aggressive stock investors will want to take a peek at Bullion River Gold Corp. (OTCBB:BLRV), a mineral exploration company focusing on regions containing gold-silver deposits. The company announced on Monday that it has completed its initial drill program at its Antone Canyon project near Barrick's and Kinross's Round Mountain Mine in Nevada. The company said that the program consisted of three drill holes, each about 1,000 ft in length, to test the strike and depth extension of known high grade structures. Bullion River Gold noted that assay results are pending.
President of Bullion River, Peter M. Kuhn, stated, "The drilling of our advanced projects in Antone Canyon and Corcoran Canyon, together with the work at French Gulch, North Fork and Wenban Spring is advancing in accordance with the company's strategy to find and develop mineable gold and silver resources in Nevada and California." Kuhn went on, "Our focus on California and Nevada relates directly to the fact that these are the most prolific areas of past and present production. Our goal to build a strong American gold and silver producer over the next five years can only be accomplished by aggressive work programs on our projects."
Bullion River Gold Corp.'s primary focus is projects that contain or have potential to contain high grades and large tonnage of gold-silver deposits in the Great Basin in the Western United States, and the "Mother Load" belt of California. Bullion River, as a member of the Californian Mining Association, is an active, environmental and safety conscious company in all of its operations in California and in Nevada.
BLRV is currently trading at around 86 cents a share.
Other Natural Resource Stocks showing interesting activity on Monday were:
Kmart Holding Corporation (Nasdaq:KMRT)
Kmart Holding Corp. announced that it has named Aylwin Lewis as its new president and chief executive Monday, effective immediately. Kmart said that Lewis replaces Julian Day, who had served as Kmart's president and chief executive officer since January 2003. Day will remain on the board and assist Lewis, who will also join the board, in the management transition.
KMRT closed Monday up 4.31 at $91.40.
Integra LifeSciences Holdings Corp. (Nasdaq:IART)
Medical technology company Integra LifeSciences Holdings Corp. (Nasdaq:IART) announced before the bell early Monday revealed that it has received CE Mark Certification for its DuraGen Plus Adhesion Barrier Matrix. The company said that the product is approved as a barrier against adhesions following spinal and cranial surgery and for restoration of the dura mater.
IART closed Monday up 76 cents $30.70.
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