Proactive Investor's  Instablog

Celeste Copper Corp (CVE:C) announced Tuesday that Alan Shoesmith has been appointed president and CEO of the company.

Celeste is currently focused on the acquisition of an interest in Cornish Minerals Limited, which controls mining rights in the historic Cornish mining region in Cornwall, England, including the South Crofty Mine.

Celeste also assesses other tin, copper and copper-gold properties for exploration and development.

Shoesmith brings Celeste 40 years of commercial experience, having previously been CEO of The Shaw Group, a highly diversified group of companies overseeing operations in specialist engineering, manufacturing and property management.

"I am excited to be working with the Celeste management team to bring its historical Mine project in Cornwall, England back into production," said Shoesmith.

"South Crofty is a poly-metallicproject with the potential scale to create a significant value opportunity for Celeste's shareholders."

Since 2001, Shoesmith has been CEO of Baseresult Holdings, and subsequently Western United Mines, the operating arm of Celeste's partially owned subsidiary Cornish Minerals Limited.

In this capacity, he had oversight of South Crofty and managed all activities in relation to the commercial, governmental permit, planning and mineral right aspects to the project.

"We are pleased to have Alan join Celeste as he is an experienced senior executive and he has guided the company's key asset, the South Crofty Project, since the mine was acquired in 2001," said chairman of Celeste, Farhad Abasov.

"I know Alan is committed to bringing this important project back into production and helping the Celeste team realize the value that our exciting projects represent for our shareholders. I look forward to working with him."

Celeste also announced Tuesday that Norman Brewster will be resigning as the company's president and CEO, but that he will remain actively involved with the company as a member of the board of directors.

The company said last week that it has extended an earn-in agreement to acquire an initial 25 percent equity interest in Cornish Minerals Limited. The company extended the expiry date of the earn-in agreement, signed in May 2011, to June 30,2012.

The Calgary-based company also recently reported that it has gained additional property assets to facilitate the construction of the future surface infrastructure at South Crofty.

Earlier this year, Cornwall Council - the project's local mineral planning authority - granted new conditional planning consents for developing new surface mine infrastructure and for the extension of the mine's underground working area to 1,460 hectares from 510 hectares.

Silver Bull Resources (TSE:SVB)(AMEX:SVBL) Tuesday said a new NI 43-101 report currently being completed will show a 39 per cent increase in the open pittable resources at the Shallow Silver Zone at its Sierra Mojada project in Mexico.

SRK Consulting is currently working on the updated technical report, which Silver Bull said will boost resources to 72.13 million ounces of silver in the measured and indicated category and 10.49 million ounces of silver in the inferred category.

The results reported Tuesday were pulled from the upcoming technical report, which is expected within the next 45 days.

"We are extremely pleased with this report and feel this is a big step forward for the company," Silver Bull's president and CEO Tim Barry said.

"This is the third report we have completed on the Shallow Silver Zone in just over one year, during which time we have more than doubled the silver ounces in the ground.

"Moving forward, in addition to our drill program focused on expanding the silver resource further, we have an extensive metallurgical program underway on both the silver and the zinc, which when complete will allow the company to move to the next stage of completing a Preliminary Economic Assessment on the Shallow Silver Zone."

The Shallow Silver Zone at Sierra Mojada is an oxide silver deposit hosted along an east-west trending fracture-karst system.

The mineralized body averages between 30 to 90 metres in thickness, is up to 200 metres wide and remains open in the east and west directions.

Approximately 60 percent of the current 3.8 km strike length is at or near surface before dipping at around 6 degrees to the east.

"We are also confident that with minimal additional extra core drilling targeting high grade areas highlighted by the historical channel and long holes, we can quickly prove up a sizable zinc resource in the Red and White Zinc zones," added Barry.

At a 15 g/t cutoff grade for the silver, the company said the updated resource report represents a 39 per cent increase in the open pittable resource of the Shallow Silver Zone previously reported by Silver Bull in November 2011.

It also represents a 52 per cent increase in the number of silver ounces in the measured and indicated category at the zone.

The mineral resource estimate for the Shallow Silver Zone contained in the SRK report includes a measured silver resource of 3.688 million tonnes at an average grade of 57.0 g/t, equivalent to 6.714 million troy ounces of silver; an indicated silver resource of 45.175 million tonnes at an average grade of 45.0 g/t, equivalent to 65.419 million troy ounces of silver; and an inferred silver resource of 8.162 million tonnes at an average grade of 40.0 g/t, equivalent to 10.496 million troy ounces of silver.

In addition to the silver and zinc resources, Silver Bull said the SRK report will also contain an additional "zinc exploration target" ranging between 4 million tonnes grading 8.4% zinc and 6 million tonnes grading 8.0% zinc, which sits directly below and adjacent to the Shallow Silver Zone.

Vancouver-headquartered Silver Bull Resources' flagship asset is the Sierra Mojada project, located 150 kilometres north of the city of Torreon in Coahuila State, Mexico. It is highly prospective for silver and zinc.

Silver Bull also owns three mineral exploration licences in Gabon, Africa, two of which are currently under joint venture with AngloGold Ashanti (NYSE:AU). These licences are prospective for gold, manganese, and iron ore.

The full technical report for the Shallow Silver Zone is expected within the next 45 days. Further details can be found on the Silver Bull Resources homepage: http://www.silverbullresources.com

The company said that in order to establish a "reasonable prospect of economic extraction in an open pit context", the reported silver resource falls within an optimized Whittle pit shell that uses an average silver price of US$22 per ounce, with an estimated recovery of 62 per cent and a $1.25 per pound of zinc, with an assumed recovery of 95 per cent.

Digital Shelf Space

Corp. (

CVE:DSS

) reported on Tuesday that its GSP RUSHFIT DVD series reached the No. 2 spot on

Amazon.com

's exercise and fitness top rated product list last Wednesday.

The company's home workout GSP RUSHFIT series, which features Mixed Martial Arts welterweight world champion George St- Pierre, has been listed on

Amazon.com

for less than five months.

The top 100

Amazon.com

ratings list is based entirely on customer rating feedback scores, while the DVD series has achieved a perfect five star rating from customer reviews.

"We are extremely pleased by our success selling GSP RUSHFIT on

Amazon.com

and the tremendous feedback and enthusiasm from customers,"

Digital Shelf Space

's chief executive Jeffrey Sharpe said in a statement.

"In addition, we're very pleased to see how quickly we've moved up the Amazon rankings and look forward to seeing our results

through 2012 and into the peak fitness season later this year."

The fitness series is in more than 90 countries around the world, through

Digital Shelf Space

's global distribution agreement with Northern Response.

In Canada, the series is carried by major retailers like:

Sears

Canada (

TSE:SCC

), Wal-Mart (TSE:WMT), Future Shop, National Sports, Sport Check,

Best Buy

(

NYSE:BBY

) and Canadian Tire (TSE:CTC), and in the U.S. by The Sports Authority and Academy Sports and Outdoors.

In December,

Digital Shelf Space

announced a new long-term licence agreement with Georges St-Pierre for potential future fitness products and services under the RUSHFIT moniker.

The company also announced on Tuesday that 1991 British Open champion and 17-time winner on the PGA Tour Ian Baker-Finch will be the host of the TOURAcademyHome Edition DVD golf instructional series.

In early April,

Digital Shelf Space

signed an exclusive video production agreement with Golf Experiences, operator of the PGA Tour's TOURAcademy.

Digital Shelf Space

is an independent creator, producer and distributor of home entertainment content targeted at the fitness and sports instruction market.