Drilling Contractor secured for Gold Junction and Poker Flats; Nevada update

Mexivada Mining Corp. has entered into a contractual agreement with an experienced drilling contractor, who will begin Phase 1 reverse-circulation drilling in April on the Company’s Gold Junction and Poker Flats projects in Nevada.

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Thu, March 29th, 2007

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Casino poker language:

  • BICYCLE - The best possible low hand: A-2-3-4-5. More common term: WHEEL.
  • CRYING CALL - A call made with little chance of ultimately winning, but marginally better than an immediate fold.
  • DRAW OUT - To catch a card that improves your situation from a losing hand to a winning hand, especially when you beat someone holding a hand that usually figures to win.
  • BARN - A FULL HOUSE, three of a kind and a pair.
  • TAPPED [OUT] - Out of money. Can refer to a player running out of money in the course of a hand, thus still active for the main pot; or can refer to a player who has lost his bankroll and can no longer play.
  • RACE - In tournaments it is sometimes convenient to remove all lower-denomination chips from play, as the remaining players' stacks tend to grow. Small chips are converted to larger chips and any odd chips are "raced off" in the following way: each player with odd chips places them in front of his stack and is dealt one card for each chip. Highest card (rank and suit) takes all the small chips and converts them to higher-denomination chips.
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