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Brookmount Exploration Coverage Will Be Initiated by Investrend Affiliate SISM Research.


NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 -- (Investrend Research Syndicate) Ernest C. Schlotter, research analyst with Investrend Research Affiliate SISM SISM Syntactic Information Source Model
SISM Single Integrity System Measurement
SISM Standard Information Systems Manager
SISM Service Indication Scheduling Module
 Research will be initiating coverage of Brookmount Exploration Inc. (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:BMXI).

Brookmount Exploration Inc. is a mineral exploration company focused on the exploration and development of mineral deposits in South & North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . The Brookmount management team has an impressive array of skills, and in addition, many of the team's members have extensive experience within the South American resource industry. The Company has one major gold/silver property located in Central Peru along the geological trend hosting the prolific Arequipa Gold Deposit. Since 1994, a approximately $3million has been spent on this property that included road building, topographic surveys, metallurgical testing, several exploitation campaigns and numerous sampling programs.

In March of 2004, a Canadian full service metallurgical engineering and design consulting company prepared an economic evaluation on the Property. The company came to the conclusion that the Project design as well as the cost study indicated that the Project is both technically and economically feasible. In addition, a pre-tax economic model was prepared by this same company and produced a NPV NPV

See: Net present value
 @ 8% of US$35,880,000, underlying a total recovery of 8,536 tons of lead concentrate and 10,243 tons of zinc concentrate.

Ernest C. Schlotter stated: "Brookmount intends to start its 2005 exploration program in June. This program consists of drilling 16 holes and processing the 200 tons of previously sampled run-of-mine material now on hand. Preliminary sampling indicated an average of 8.73 troy ounces per ton silver and 1.34% zinc with traces of lead. The next step will be the survey of the Property's several known showings, adits and trenches in a manner that is consistent with the Peruvian UTM (Unified Threat Management) Refers to a stand-alone appliance or a software package that combines a firewall, antivirus, spam and content filtering as well as intrusion detection. See firewall, antivirus, antispam and IDS.  coordinate system. Also scheduled is the production of a satellite image interpretation map to define fault trace continuities and vein recognition, a structural aerial photo and a geological map". Schlotter also said: "Brookmount is undertaking an aggressive acquisitions campaign that entails current evaluation and negotiating on several very promising resource projects in Peru, Mexico and Canada".

SISM Research, based in Zurich, Switzerland, is a private investment research firm offering high-quality, independent, fundamental research on public companies since 1995. SISM writes, publishes and distributes research coverage, in both English and German, on micro- to small-cap public companies trading on the OTC Bulletin Board OTC Bulletin Board

An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system.
, NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
 and AMEX AMEX

See: American Stock Exchange
. This coverage is geared toward institutional and individual investors in both North America and in German-speaking Europe, a market that represents more than 100 million people. SISM Research is a content provider to Thomson Financials OneAnalytics/FirstCall, to Multex, and InvesTrend. Both SISM Research and InvesTrend Research subscribe to the "Standards for Independent Research Providers."

Brookmount Exploration Inc. will pay SISM Research $1,750 per month over a two-year period solely to ensure independent coverage.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 22, 2005
Words:470
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