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Beitrag27/27, 06.07.09, 12:36:36  | CRR - Cuervo Resources - WKN: A0MS8K
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Fakten, News etc. zu Cuervo Resources
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Beitrag26/27, 06.07.09, 13:49:18 
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Cuervo Resources Inc. ("Cuervo"), is a public Canadian exploration company that completed an initial public offering on May 30, 2007. The company has acquired and is drilling properties prospective for iron ore in Perú through its Peruvian subsidiary Minera Cuervo S.A.C. Cuervo Resources Inc. is listed on the Canadian National Stock Exchange (CNSX) under the symbol FE. The company also trades on the Frankfurt Exchange under the symbol CRR.

Cuervo was formed in early 2005 with the ambition of capitalizing on the then emerging strength of international iron ore markets, particularly those in the Pacific Rim. Perú was identified as a particularly attractive exploration target, principally because of its well established mining tradition and infrastructure, and its well regarded legal and banking systems. The Board of Directors provided strategic insight, drawing on their background and knowledge of iron ore markets and geology. Today, Cuervo holds an unencumbered 100% interest over 25,000 ha of iron prospective properties in Perú. These properties hold, in the opinion of management, good prospects for finding upwards of a billion tonnes of commercially exploitable iron mineralization.

The current exploration focus is on the 13,600 ha Cerro Ccopane property. To date, Cuervo has reported 121 holes on the Ocupura zone and a resource estimate has been prepared showing 56 million tonnes “measured and indicated”, grading 46.7% Fe and 51 million tonnes “inferred”, grading 43.7% Fe. Importantly, the Orcopura zone is one of five zones identified on the Cerro Ccopane property by surface showings and geophysics. In November 2007 the company initiated metallurgical testing of core samples to determine the amenability of the material to magnetic separation of contaminants and by-products. That testing has indicated that most contaminates (sulphur and copper) can be removed, yielding an upgraded iron concentrate, grading 66% to 69%. A preliminary transportation study was also commissioned which supported the feasibility of moving iron from Cerro Ccopane to the Pacific tidewater port at Matarani. That report has been succeeded by a more comprehensive study completed in 2009.
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Beitrag25/27, 06.07.09, 13:50:08 
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Cuervo Reports Second Billion-Tonne Target Identified by Geophysics at the Cerro Ccopane Project
May 19, 2009 – Toronto, ON


Cuervo Resources Inc. (CNSX-FE; FWB-CRR; “Cuervo” or the “Company”) is pleased to announce that the remaining results from the Company’s most recent program of geophysical surveying carried out on the Cerro Ccopane property have been reported to the Company. These results include the identification of a second large gravity anomaly that modeling suggests could be caused by a near surface (magnetite) body on the order of 1.265 Gt (billion tonnes) in size. This new iron-ore exploration target (“Huillque Norte”) is located about 3.5 km to the southwest of the “Bob 1” anomaly (1.068 Gt model size) reported by the Company on May 12, 2009. The limits of this new anomaly remain open to the northwest. Magnetic and gravity surveys and ancillary gravity modeling were carried out under contract by VDG del Perú S.A.C. (Val D’or Geofísica).

A total of eight distinct geological and/or geophysical targets are now known to be present on the wholly owned Cerro Ccopane property and its vicinity (five zones previously reported). These targets and their estimated tonnages derived from gravity modeling can be summarized in the following table:



Tonnage estimates from gravity data are based on the volumetric estimates of bodies having a
density of 4.0 t/m3. If the causative source for an anomaly is a body of iron (magnetite)
mineralization, which to date has proven to be the case for all diamond-drilled targets on the
Cerro Ccopane property (i.e. Orcopura, Huillque, Aurora and Aurora “B”), the grade of that
body, nonetheless, cannot be accurately estimated without sufficient trenching or diamond
drilling to ultimately sample the source material. For reference to the typical grades to be
expected, the current Resource Estimate for the Orcopura zone (as at March, 2009) stands at
55.55 Mt “measured and indicated” grading 46.75% Fe plus an additional 50.83 Mt “inferred”
grading 43.68% Fe. The limits of these resources remain open.

“These latest geophysical results certainly demonstrate the potential for Cerro Ccopane to host a
world-class size of iron-ore deposit,” said Cuervo President John Siriunas. “The consistent
results we have encountered to date, with respect to the style and grades of iron-ore
mineralization found in the drilling of four zones, give us confidence that the sources for the
newest anomalies will be found to be of a similar nature.”

Cuervo is focused on the exploration for iron ore in Perú and currently holds a 100% interest in
over 25,000 ha of prospective mineral-exploration lands in that country through its wholly
owned subsidiary, Minera Cuervo S.A.C. The focus of exploration work has been, for the past
two years, the Company’s Cerro Ccopane property located 65 km south of Cuzco (600 km
southeast of Lima).

The Company has 30,179,750 shares outstanding (41,876,000 fully diluted).

For further information, please contact Mr. John M. Siriunas, P.Eng., President and a Director of
the Company at 416-203-3957 x701 or Mr. Tom Berner, Investor Relations, at 416-203-3957
x202. Additional information about Cuervo can be found at the Company’s website at
http://www.cuervoresources.com. Mr. Siriunas is the qualified person under the definition of NI 43-
101 responsible for the technical content of this press release.
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Beitrag24/27, 06.07.09, 13:50:39 
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http://www.cnq.ca/Storage/1216/109416_FE20090610.pdf
gemäß § 34 WpHG darf der Autor zu jederzeit Short- oder Long-Positionen in der/den behandelte(n) Aktie(n) halten.
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Beitrag23/27, 06.07.09, 13:50:42 
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Message to Shareholders
May 27, 2009


This week Cuervo celebrates its second anniversary as a public company, and it is with a measure of both satisfaction and mounting confidence that I am pleased to write to you at this time. The satisfaction reflects the extent to which Cuervo’s property acquisition, drilling and related iron ore exploration programs in Perú have been pursued with due regard to the concept of shared benefits to the host communities in which we have been active. This is critically important to our long-term success. The mounting confidence I feel is tied to the results of those efforts which now give evidence that the Company’s Cerro Ccopane property has the potential to contain a world-class iron ore deposit. That prospect has been given dimension by a recently completed geophysical survey of the property which reported total modeled tonnage of the anomalous zones in excess of 2.5 billion tonnes.

Our objective has been, and remains, to find and prove a billion-tonne iron deposit at Cerro Ccopane. Two years ago when we became a public company, Cuervo had a toe hold – principally mineral rights to just over 7,000 hectares of highly prospective land for iron mineralization, based on an airborne magnetic survey and ground sampling. Today, we can safely say that the toe hold has become a footprint, with a total wholly owned land position of more than 25,000 hectares (13,600 contiguous at Cerro Ccopane), consistent results in 167 holes drilled in three iron-mineralized zones and the support of positive metallurgical testing and transportation studies. Clearly, we have made real progress toward realizing our ambition.

I would refer your attention to the updated PowerPoint presentation on Cuervo’s website, http://www.cuervoresources.com for a more thorough review of your company’s current position and work programs. It also puts these activities within the context of a fundamentally very strong iron ore market and the transportation cost advantages evident in Perú’s Pacific-tidewater location.



Given the scale now indicated by geophysical modeling at Cerro Ccopane, the immediate tasks before us are: (a) prioritizing multi-discipline work programs; and (b) implementing a financing strategy which preserves upside for shareholders while remaining attractive to prospective project partners. The first of these tasks is being addressed in detail at this time. With respect to the second, early indications are that such a balance is feasible in the context of the market for prospective large-volume iron deposits.

Shareholders should note that the Company has just announced its intention to exercise the accelerated-maturity option with respect to the Warrants issued as part of its Initial Public Offering (IPO) in May 2007. The acceleration effectively provides a 37-day window (ending July 1, 2009) during which these warrants may be exercised to purchase one Cuervo common share at a price of 35 cents per share for each warrant held. Thereafter this series of warrants will expire without value. I should point out that this acceleration applies only to the IPO warrants issued in May 2007, and not to the warrants issued as part of the Company’s equity financing in 2008. The latter series has an exercise price of $1.50 and has approximately 12 months of remaining term.

In closing, I would urge holders of the warrants subject to accelerated expiry to exercise their right to purchase common shares at what is now a substantial discount to prevailing market prices. This will provide additional funding to advance the very promising potential evident in the Cerro Ccopane project. Results to date have been outstanding as we move down the road from “finding” to “proving” a commercial iron ore deposit. I would also like to take this opportunity to convey my appreciation to shareholders for their continued support, as well as to the other directors of the Company who have so actively contributed to its progress.

On behalf of the Board,
Brian Berner, Chairman
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Beitrag22/27, 06.07.09, 13:52:06 
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Cuervo Reports Consistent Results from 20 Additional Drill Holes in the Aurora Zones
June 10, 2009 – Toronto, ON


Cuervo Resources Inc. (CNSX-FE; FWB-CRR; “Cuervo” or the “Company”) is pleased to release the final assay results from a program of diamond drilling on the Aurora and Aurora “B” zones at its Cerro Ccopane iron ore project in southern Perú.

The results from the Aurora zones continue to demonstrate grades of magnetite mineralization that are consistent with those previously reported on from the Orcopura and Huillque zones. The Orcopura zone has reported an NI 43-101-compliant Mineral Resource Estimate of 55.5 Mt “measured and indicated” grading 46.75% Fe in addition to 50.8 Mt “inferred” grading 43.68% Fe. The latest results being reported include intersections of 51.05% Fe over 78.50 m in ADH – 06 and 55.60% Fe over 24.30 m in ADH – 08 in the Aurora zone. Intersections in the Aurora “B” zone were found to be somewhat shallower but nevertheless include up to 52.90% Fe over 13.50 m in ADH – 13.

The Aurora zones are the smallest of the known targets on the property. Geophysical modeling of gravity survey data has indicated that there could be a total of 50 million tonnes of mineralization in the two Aurora zones. All the geophysical targets (magnetic and gravity anomalies) that have been drill tested to date (i.e. Orcopura, Huillque, Aurora and Aurora “B”) have been found to contain massive magnetite mineralization; this gives the Company high confidence in the exploration potential for the other large anomalies that have now been identified. The results of the geophysical modeling have shown that the Cerro Ccopane property has the potential to host a total of over 2½ billion tonnes of mineralization. Details of the geophysical results are available on the Company website.

TECHNICAL RESULTS
All drill holes were logged and sampled at the property campsite on the property under the direction of Minera Cuervo’s senior geologist, ing. Abraham Castillo Ll. A nominal sampling interval of 1.5 m is currently being used within sections of typical iron mineralization. Analyses were performed by SGS Minerals Services at their laboratory facilities in Lima (Callao), Perú.

The reported Iron (Fe) analyses were determined by titration methods, sulphur (S) was carried out with a LECO furnace. All other reported analyses, which include phosphorus (P), manganese (Mn) and copper (Cu), were by performed ICP-AES after a multi-acid (“total”) digestion. Laboratory check analyses were performed on approximately 10% of the samples submitted while field duplicate samples are submitted on a rate of approximately 5% of the total samples sent to the laboratory. The Company is satisfied with the reproducibility of analyses for the elements reported. The following table presents a list of the significant intersections that were sampled during the recent work program. Drill holes ADH – 01 through ADH – 05 have previously been reported but are included here in abridged form for completeness of the presentation of results:








Location maps and further information for all drill holes can be found at http://www.cuervoresources.com.

Most intersections of iron mineralization (magnetite +/- hematite) continue to report relatively high sulphur and copper values. The Company has carried out two programs of preliminary low-intensity magnetic separation (Davis Tube) testing on selected samples from the early stages of the exploration program. These Davis Tube results indicate that most of the contained sulphur-bearing minerals as well as the copper can be removed with limited processing while producing a very high-grade iron ore concentrate. Silica values were also found to be within acceptable limits by analyses carried out as part of this testing. Results of recent mineral-processing tests have been included as part of the updated Resource Estimate on the Orcopura zone.

Exploration work and content of this release has been carried out under the supervision of Mr. John M. Siriunas, P.Eng., the designated qualified person for Cuervo under the definition of NI43-101. The Company has 31,113,750 shares outstanding (41,120,750 fully diluted).

For further information, please contact Mr. Siriunas, a director and President of Cuervo, at 416-203-3957 x701 or Mr. Tom Berner, Investor Relations, at 416-203-3957 x202. Additional information about Cuervo can be found at the Company’s website at http://www.cuervoresources.com.

The Canadian National Stock Exchange (CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release.
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Beitrag21/27, 06.07.09, 13:54:03 
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Cuervo Reports Appointment of Brian Berner as Chief Executive Officer
June 16, 2009 – Toronto, ON


Cuervo Resources Inc. (CNSX-FE; FWB-CRR; “Cuervo” or the “Company”) is pleased to announce the appointment of Mr. Brian Berner as Chief Executive Officer of the Company. The appointment is an extension of Mr. Berner’s continuing role as Chairman of the Company’s Board of Directors and reflects the additional executive needs of the company to advance its Peruvian iron project interests. Chief Operating Officer responsibilities remain with Mr. John Siriunas, P. Eng., President of Cuervo Resources Inc. and subsidiary Minera Cuervo S.A.C.

“Activity in iron ore markets is accelerating as China acts to secure its long-term sources of raw materials. This presents a clear opportunity for Cuervo and the Company intends to pursue an aggressive marketing campaign. I look forward to leading this campaign,” Mr. Berner said.

Cuervo Resources Inc. is active in the exploration for iron ore in Perú, most particularly at its wholly owned Cerro Ccopane project 65 km south of Cuzco. At Cerro Ccopane, drilling in 167 holes in four zones of mineralization has shown consistent, high-grade results. Recently completed ground geophysical surveys have also identified two additional target zones on the property, each with gravity-modelled tonnage estimates in excess of a billion tonnes.

For further information, please contact Mr. Brian Berner, Chairman and CEO of Cuervo, at 416-203-3957 x201 or Mr. Tom Berner, Investor Relations, at 416-203-3957 x202. Additional information about Cuervo can be found at the Company’s website at http://www.cuervoresources.com.
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Beitrag20/27, 06.07.09, 14:29:01 
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65 Queen Street West, Suite 302, Toronto, ON, M5H 2M5 Canada

Tel. 416-203-3957 • Fax 416-203-4197

www.cuervoresources.com


PRESS RELEASE

FOR IMMEDIATE RELEASE



CUERVO REPORTS PROCEEDS OF $1.13 MILLION FROM EXERCISE OF AMENDED WARRANTS


July 6, 2009 – Toronto, ON




Cuervo Resources Inc. (CNSX-FE; FWB-CRR; “Cuervo” or the “Company”) wishes to report that a total of 3,244,000 of 4,021,000 amended warrants have been exercised for proceeds to the Company of $1,135,400.




The warrants were issued on May 30, 2007 as part of the units offered in the Company’s Initial Public Offering (the “IPO Warrants”). The exercise price and expiry date of outstanding IPO Warrants was amended as of, and announced on, March 5, 2009; the expiry date of the IPO Warrants was subsequently accelerated, pursuant to Canadian National Stock Exchange (“CNSX”) policies, on May 26, 2009. The rights evidenced by the IPO Warrants that were not exercised as of July 1, 2009 have now expired and are of no further force or effect.

Proceeds from the exercise of the IPO Warrants will be used to fund the Company’s on-going exploration program. Cuervo is focused on the exploration for iron ore in Perú and currently holds a 100% interest in over 25,000 ha of prospective mineral exploration lands in that country through its wholly owned subsidiary, Minera Cuervo S.A.C.

Subsequent to the exercise of the IPO Warrants, the Company has 33,423,750 shares outstanding (40,343,750 fully diluted).


For further information, please contact Mr. Tom Berner, Investor Relations, at 416-203-3957 x202. Additional information about Cuervo can be found at the Company’s website at www.cuervoresources.com.
gemäß § 34 WpHG darf der Autor zu jederzeit Short- oder Long-Positionen in der/den behandelte(n) Aktie(n) halten.
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Beitrag19/27, 28.07.09, 13:54:49 
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CUERVO REPORTS ADDITIONAL MINERAL PROCESSING STUDIES FIND ORCOPURA ZONE IRON CONCENTRATES ALSO SUITABLE TO PELLETIZING




July 28, 2009 – Toronto, ON


Cuervo Resources Inc. (CNSX-FE; FWB-CRR; “Cuervo” or the “Company”) is pleased to report on the results of mini-pot pelletizing tests that were carried out on composite samples from the Orcopura Zone at its wholly owned Cerro Ccopane iron ore project in southern Perú.


Previously reported mineral-processing studies have shown the material from the Orcopura Zone to be of high quality (magnetite) with respect to head grade of iron, weight recovery, and the total gangue content of Davis magnetic tube concentrates. The new balling and indurating tests indicate that the concentrates are suitable to the production of commercial-grade pellets. .The Orcopura Zone has a reported NI 43-101-compliant Mineral Resource Estimate of 55.5 Mt “measured and indicated” grading 46.75% Fe in addition to 50.8 Mt “inferred” grading 43.68% Fe.

Commenting on these test results, John Siriunas, P.Eng. President of Cuervo said, “Pelletizing is one of a number of processing options that could be considered with respect to the Cerro Ccopane project, and we are pleased that such an option looks to be open”.


The pelletizing tests were carried out by the Midland Research Center in Nashwauk, MN, USA. Four composite samples of mineralization previously prepared for other studies were used in the current tests. As none of this material had been the subject of pelletizing tests, a standard composition and firing sequence was used in the mini-pot testing. The current testing was intended to provide a preliminary indication of the ability to make commercial-grade pellets from the mineralization in the Orcopura Zone. The Company is of the opinion that similar results can be expected from mineralization in the other zones on the Cerro Ccopane property.


The Orcopura Zone is only one of several known bodies of magnetite mineralization on the Cerro Ccopane property. Drilling in 167 holes in four zones of mineralization has shown consistent, high-grade results. Recently completed ground geophysical surveys have also identified two additional target zones on the property, each with gravity-modelled tonnage estimates in excess of a billion tonnes.


The Company also wishes to announce that address of the Toronto office has moved to 247 Major Street, Toronto, ON, M5S 2L5 effective this date. Telephone and facsimile contact information remains unchanged.




The Company has 33,423,750 shares outstanding (40,343,750 fully diluted).
gemäß § 34 WpHG darf der Autor zu jederzeit Short- oder Long-Positionen in der/den behandelte(n) Aktie(n) halten.
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Beitrag18/27, 22.09.09, 14:31:40  | CRR - Cuervo Resources - WKN: A0MS8K
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247 Major Street, Toronto, ON, M5S 2L5 Canada

Tel. 416-203-3957 • Fax 416-203-4197

www.cuervoresources.com

PRESS RELEASE

FOR IMMEDIATE RELEASE

CUERVO REPORTS CONFIRMATION OF IRON ORE POTENTIAL AT CERRO CCOPANE PROJECT, CUSCO, PERÚ

September 22, 2009 – Toronto, ON

Cuervo Resources Inc. (CNSX-FE; FWB-CRR; “Cuervo” or the “Company”) is pleased to report the results of a study undertaken as an internal due diligence exercise to confirm the potential of the original geophysical (magnetic and gravity) anomalies at its wholly owned Cerro Ccopane iron ore project in southern Perú.


The new study was carried out by Matrix GeoTechnologies Ltd. (“MGT”) of Toronto, ON. Their work confirmed the quality of the Company’s “Bob 1” anomaly and its similarity in geophysical characteristics to known zones of mineralization on the property. Gravity modeling of this anomaly was carried out by VDG del Perú S.A.C. (Val D’or Geofisica, “VDG”) and originally suggested that it has the potential to host 1.1 billion tonnes of iron mineralization. VDG was responsible for the acquisition of all data in the field.




Based on the work of MGT, the Company believes that additional field work will be necessary to reassess and refine the “Huillque Norte” anomaly which appears to be open to the north and to the west. Previous gravity modeling of this anomaly, again by VDG, had suggested that it has the potential to host 1.3 billion tonnes of iron mineralization.



The recent study used data from the Orcopura Zone as the model for physical parameters and the determination of the geophysical signature of mineralization. The Orcopura Zone has a reported NI 43-101-compliant Mineral Resource Estimate of 55.5 Mt “measured and indicated” grading 46.8% Fe in addition to 50.8 Mt “inferred” grading 43.7% Fe. It is only one of several known bodies of magnetite mineralization on the Cerro Ccopane property and vicinity. Drilling in 167 holes in four zones of mineralization on the property has shown consistent, high-grade results. All these zones have been shown to exhibit the same geophysical expression.




The geophysical studies and drilling are only a part of the overall program of exploration that has been undertaken by Cuervo. The Company continues to be extremely encouraged by the fact that all phases of exploration and related studies to date have been successful.




Mineral-processing studies have shown that sulphur and copper, typically present at concentrations of 2.5% S and 0.10% Cu, can largely be removed by a relatively simple process of magnetic separation to produce a high-grade (i.e. 66% to 69% Fe) magnetite ore concentrate containing acceptably low levels of impurities. Additional studies carried out by the Company have also shown the resulting concentrate to be amenable to the production of commercial-grade pellets.

Two (2) transportation studies to date have shown there to be are no unique logistical challenges that would prevent the conceptual development of a mining project. In addition to rail transport, the construction of a direct slurry pipeline to tidewater has also been identified as a potentially cost-effective alternative for bulk transport.


The Board of Directors is focused on seeking a strategic joint-venture partner to provide funding that could transform the geological promise of Cuervo’s Cerro Ccopane property into a resource reality; Cardero Resource’s (TSX-CDU) pending sale of their Pampa de Pongo iron property in southern Perú to Chinese interests for $US100 million provides a benchmark price for a joint venture. This transaction underscores the desire of steelmakers to secure and control a supply of iron ore. juchu juchu whistle Fasten seatbells!!!


The Company has 33,423,750 shares outstanding (40,613,750 fully diluted).

For further information, please contact Mr. Brian Berner, Chairman and CEO, at 416-203-3957 x201 or Mr. Tom Berner, Investor Relations, at 416-203-3957 x202. Additional information about Cuervo can be found at the Company’s website at www.cuervoresources.com.

The Canadian National Stock Exchange (CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release.
gemäß § 34 WpHG darf der Autor zu jederzeit Short- oder Long-Positionen in der/den behandelte(n) Aktie(n) halten.
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Beitrag17/27, 08.12.09, 13:22:08 
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Thema: Der Goldmarkt: Cuervo Resources, ein interessantes Eisenerzplay
Emfis News Am: 07.12.2009 11:24:46 Gelesen: 2 # 1 @
Stuttgart Im Allgemeinen bevorzugen wir im Goldmarkt bekannterweise Edelmetallinvestments, sind aber auch immer offen für interessante Ideen im Rohstoffumfeld. Cuervo Resources (WKN A0MS8K) gehört als Eisen-Explorer hier in unseren Augen dazu. Die Gesellschaft ist klein und noch auf der Suche nach einem Joint Venture Partner, der das weitere Wachstum finanziert, hat aber durchaus das Potential über das vorhandene Know-how langfristig in Produktion zu treten. In diesem Fall dürfte der Aktienkurs auch um ein Vielfaches explodieren. Auch darf man nicht vergessen, dass der Hunger nach Eisen aufstrebender Nationen wie China sich in steigenden Rohstoffpreisen und M&A Aktivitäten widerspiegelt.

Kursverlauf:

Die Aktionäre von Cuervo durchlebten wie viele andere Rohstoffanleger ein Wechselbad der Gefühle. Nach einem starken Kursanstieg in 2007 bis auf ca. 2,60 CAD folgte bis 2009 ein Tief bei etwa 0,15 CAD. Aktuell notiert die Aktie meist bei etwa 0,30-0,35 CAD und bietet hierbei eine günstige Bewertung. Nächstes Ziel wäre daher eigentlich das 2009er Hoch bei etwa 0,60 CAD.

Rohstoff Eisen - Marktumfeld:

Cuervo betätigt sich als Eisen-Explorer. Der Eisenmarkt ist aus unserer Sicht aufgrund des großen Hungers nach Rohstoffen seitens der BRIC Staaten und anderer aufstrebenden Märkten nachhaltig sehr interessant und langfristig von steigenden Rohstoff-preisen gekennzeichnet. Der Markt ist dabei zu etwa 75% unter den drei großen Marktplayer Rio Tinto, Vale und BHP aufgeteilt. Kleinere unabhängige Produzenten sind daher umso interessanter für die Nachfrager, sei es als Produzent oder als Übernahmeziel. Der Eisenpreis für China stieg zuletzt von etwa 60 USD auf mehr als 100 USD im November 2009 (Quelle: Iron Ore Daily Edition 30. November 2009)

Projekte:

Cuervo agiert vorrangig im politisch stabilen Peru und hat sich dort nahe Cuzco über ein Abkommen das interessante Minenprojekt Cerro Ccopane mit gut 13.600 Hektar gesichert. Die Lage hin zum Pazifik und damit zu Asien ist offen und die vorhandene Infrastruktur bieten hier Vorteile im Falle eines Produktionsbeginns, um die produzierten Erze zu verschiffen.

Die letzte Studie hierzu wurde am 22. September 2009 veröffentlicht. Sie ist NI 43-101 konform mit 55,5 Mio. Tonnen gemessene und angezeigte Ressourcen mit einem Grad von 46,8% und zusätzlich 50,8 Mio. Tonnen abgeleitete Ressourcen mit einem Grad von 43,7% Eisen. Die durchgeführten Bohrungen mit 167 Löchern auf vier Zonen der Mineralisierung zeigten durchgehend hochgradige Bohrergebnisse. Weitere Erzkörper sind bekannt bzw. werden erwartet. Hierzu sind in unseren Augen jedoch noch weitere Bohrungen notwendig, bevor eine Produktion ins Auge gefasst werden kann. Die Gesellschaft selbst schätzt das geophysikalische Potential der Region auf mehr als 2,5 Mio. Tonnen, was hier ein unglaubliches Potential offeriert.

Zudem wurden bereits Transportstudien in Auftrag gegeben und zeigen keine größeren logistischen Gefahren auf. Als Alternativen steht ein Bahntransport wie auch der Bau einer Schlammpipeline zum Gezeitenwasserhafen bereit. Auch ein Blocktransport wäre eine kostengünstige Möglichkeit. Insgesamt erscheint eine Schlammpipeline im Vergleich zum Straßentransport der effizientere Weg zu sein, auch im Hinblick auf langfristig hohe Abbauvolumina von deutlich mehr als 5 Mio. Tonnen pro Jahr. Zur Finanzierung einer zukünftigen Mine sucht das Management derzeit einen strategischen Partner (siehe Übernahme-Story). Cuervo hat ferner 14.061 Hektar Abbauflächen in Peru erworben, die sukzessive erschlossen werden sollen.

Management:

Das Management um CEO Brian Berner macht einen sehr guten Eindruck und ist seit mehr als 30 Jahren in der Investitions- und Finanzindustrie tätig. Berner war letztlich auch Mitgründer der Gesellschaft im Jahre 2005. Weitere Mitarbeiter wie John M. Siriunas, Gordon Watts und Vale Spring sind ebenfalls seit 30, 40 bzw. 45 Jahren in der Industrie tätig und bringen viel Erfahrung mit an Bord.

Finanzen:

Die Gesellschaft verfügte zum 30. Juni 2009 über ein ausgewiesenes Eigenkapital von ca. 2,8 Mio. CAD. Wie für einen Explorer üblich werden derzeit Verluste geschrieben, die sich etwa auf 1,5-2,5 Mio. CAD je Quartal bewegen. Die Cash Burn Rate lag in den letzten Monaten bei etwa 100.000 CAD je Monat, was das gute Kostenmanagement der Gesellschaft belegt. Auf längere Sicht wird der Einstieg eines strategischen Investor über ein JV Agreement angestrebt, wobei Berner auch den kompletten Verkauf der Gesellschaft nicht ausschließen will - sofern der Preis stimmt. Dies kann im Sinne der Aktionäre nur zu einem deutlich höheren Preis erfolgen. Zudem besitzt Berner einen nicht unerheblichen Teil der Gesellschaft, so dass wir im Falle des Verkaufs von einem sehr guten Preis ausgehen.

Übernahme-Story:

Etwa 500 km von dem Cerro Ccopane Projekt in Cusco entfernt liegt das viel versprechende Projekt Pampa de Pongo von Cardero. Hier haben die nachgewiesenen Kaufabsichten Chinesischer Investoren für das Cardero Projekt die Bedeutung der Rohstoffreserven für China verdeutlicht. Wir vermuten, dass das Management von Cuervo auch bereits von Strategischen bzw. Chinesischen Investoren angegangen wurde. Die Gesellschaft profitiert dabei von seinem erfahrenen und engagierten Management Team. Für eine Fortentwicklung zur Mine sind jedoch die bisher investierten $13 Mio. bei Weitem nicht ausreichend.

Cuervo möchte seit Juni 2009 einen strategischen Investor und Partner finden, der die Exploration zur Produktion weiterentwickelt und will dabei einen entsprechend attraktiven Return on Investment für die Investoren erreichen.

Cardero soll für sein Abbaugebiet auf Pampa de Pongo (38 km von der Marcona Mine von Cuervo entfernt) US$100 Mio. für 100 % des 12.200 ha großen Geländes erhalten. Vier bekannte Zonen mit Magnatit-Mineralisierung und 29 Bohrlöcher (15 von Rio Tinto, 14 von Cardero) deuten dabei auskunftsgemäß auf Ressourcen von 863 Mt (in zwei Zonen) ab: 41.3% Fe, 0.097% Cu, 0.068 g Au/t (mit 2.4% S) hin. Zum Abbau ist dabei Untertagebau notwendig.

Dass sich die BigCaps aussichtsreichen Explorerprojekten widmen, erkennt man auch an dem am 24.11.2009 verkündeten Deal, wonach Xstrata mindestens US$50 Mio. in das Zanaga Projekt im Lekoumou Gebiet in Kongo (Congo Brazzaville) investiert. Das Projekt hat noch keine geophysikalische Resourcen definiert. Umso mehr zeigt dies auf, dass sich auch große Strategische Investoren nun diesen Erfolg versprechenden Minenprojekten als Joint Venture Partner zuwenden und hier auch Cuervo ein potentielles Investment der BigCaps sein kann.

Nicht zuletzt ist als Grund hierzu anzuführen, dass der Eisen Spot-Preis wieder deutlich angezogen ist. Hier erhält jeder Investor und natürlich ein strategischer Partner über den Hebeleffekt ebenfalls eine Möglichkeit, an weiter steigenden Eisenpreisen zu partizipieren.

Bewertung: Eine DCF Bewertung ist in der derzeitigen Unternehmensphase und den vorliegen Zahlen nur schwer umzusetzen. Wir behelfen uns an dieser Stelle daher mit einer Vergleichsanalyse mit Cardero, was sowohl von der geographischen Lage als auch eines möglichen chinesischen Zielinvestors Sinn macht. Unserer Meinung reflektiert der derzeitige Kurs nicht das Potential der Gesellschaft, die natürlich weiterhin in der Pflicht steht, einen JV Partner zu finden und das Projekt weiterzuentwickeln. Laut Management ist man aber hier sehr guter Dinge in absehbarer Zeit zum Erfolg zu kommen. Mittelfristig ist unter diesen Umständen in unseren Augen ein Kurs um die 0,60 CAD gerechtfertigt. Im Falle der erfolgreichen Präsentation eines großen Strategischen Investors ist eine Neubewertung der Gesellschaft notwendig und könnte den Aktienpreis auf deutlich höhere Kurse katapultieren. Wir können uns in diesem Fall, zusammen mit guten Projektfortschritten, durchaus Kurse von deutlich mehr als 1,00 CAD vorstellen.

Autor: Georg Neubauer - Der Goldmarkt - http://www.goldchancen.de
gemäß § 34 WpHG darf der Autor zu jederzeit Short- oder Long-Positionen in der/den behandelte(n) Aktie(n) halten.
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Beitrag16/27, 12.03.10, 14:18:44 
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http://www.cuervoresources.com/imag....r_reprint-Mar_8,_2010.pdf
gemäß § 34 WpHG darf der Autor zu jederzeit Short- oder Long-Positionen in der/den behandelte(n) Aktie(n) halten.
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Beitrag15/27, 26.05.10, 15:09:44 
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CUERVO CLOSES FIRST TRANCHE OF PRIVATE PLACEMENT


May 26, 2010 – Toronto, ON

Cuervo Resources Inc. (CNSX-FE; FWB-CRR; “Cuervo” or the “Company”) wishes to announce that it has closed on a First Tranche of equity financing. Net proceeds from the financing and the current cash position will be used to continue to fund the Company’s iron ore exploration projects in Perú and to provide general working capital. The planned work program, which will include extending the existing geophysical surveys (magnetics and gravity) and environmental permitting in preparation for the diamond drilling of the known billion-tonne potential geophysical targets, will further advance the Company’s plan to form a joint-venture exploration program on Cuervo’s Cerro Ccopane project in the Cusco area of southern Perú.

Under the non-brokered private placement Cuervo has issued one million seven hundred and fifty thousand (1,750,000) Units of the Company, at a price of $CDN 0.35 per Unit, for gross proceeds of $CDN 612,500. Each Unit consists of one Cuervo common share and one warrant entitling the holder to purchase one Cuervo common share at a price of $CDN 0.55 for a period of 18 months. If the closing price of the Cuervo common shares is equal to or greater than $CDN 1.10 for a period of 10 consecutive trading days any time after six months after the closing of the Financing, the Company may, upon notice, accelerate the expiry date of the warrants to the 31st day following such notice. The Company has paid a finder’s fee of 91,000 Units in regard to the First Tranche of the financing. A Second Tranche totalling an additional 250,000 Units is expected to close in the coming days.

The securities issued in connection with the Financing are subject to a four-month hold period from their date of issuance.

Cuervo common shares are listed on the Canadian National Stock Exchange (CNSX), and also trade on the Frankfurt Stock Exchange (FWB). Post-issuance of the First-Tranche Units, there are 36,334,750 shares outstanding (46,585,750 fully diluted).
gemäß § 34 WpHG darf der Autor zu jederzeit Short- oder Long-Positionen in der/den behandelte(n) Aktie(n) halten.
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Beitrag14/27, 28.04.12, 21:15:45 
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September 29, 2010
Cuervo Appoints Interim Chief Financial Officer
http://www.cuervoresources.com/de/i...._chief_financial_officer/
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Beitrag13/27, 28.04.12, 21:23:48 
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July 18, 2011
Cuervo Reports Financing Accord with Strike Resources Limited to Advance Cerro Ccopane Iron Ore Project in Peru
http://www.cuervoresources.com/de/i....strike_resources_limited/
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Beitrag12/27, 28.04.12, 21:24:49 
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July 28, 2011
Cuervo Reports Closing of Financing Accord with Strike Resources Limited to Advance Cerro Ccopane Iron Ore Project in Peru
http://www.cuervoresources.com/de/i....sing_of_financing_accord/
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Beitrag11/27, 28.04.12, 21:26:08 
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August 29, 2011
Cuervo Announces Appointment of Chief Financial Officer and the Granting of Options
http://www.cuervoresources.com/de/i....icer_and_the_granting_of/
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Beitrag10/27, 28.04.12, 21:27:58 
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August 31, 2011
Cuervo Announces Amendment to Outstanding Warrants
http://www.cuervoresources.com/de/i...._to_outstanding_warrants/
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Beitrag9/27, 28.04.12, 21:29:52 
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September 29, 2011
Cuervo Announces Election of Director and the Granting of Options
http://www.cuervoresources.com/de/i...._the_granting_of_options/
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Beitrag8/27, 28.04.12, 21:30:54 
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October 04, 2011
Cuervo Board Receives and Accepts Financing of $405,000
http://www.cuervoresources.com/de/i....epts_financing_of_405000/
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Beitrag7/27, 28.04.12, 21:31:39 
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October 18, 2011
Cuervo Board Closes Financing of $405,000
http://www.cuervoresources.com/de/i....oses_financing_of_405000/
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Beitrag6/27, 28.04.12, 21:32:28 
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November 18, 2011
Cuervo Amends First and Second Quarter Financial Statements
http://www.cuervoresources.com/de/i....ter_financial_statements/
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Beitrag5/27, 28.04.12, 21:33:20 
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December 21, 2011
Cuervo Engages European Investor Relations Firm, Grants Stock Options
http://www.cuervoresources.com/de/i....irm_grants_stock_options/
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Beitrag4/27, 28.04.12, 21:34:22 
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January 17, 2012
Cuervo Reaches Three Year Agreement with the Community of Misanapata for Advanced Exploration of Iron Ore in Peru
http://www.cuervoresources.com/de/i...._community_of_misanapata/
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Beitrag3/27, 28.04.12, 21:35:21 
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January 31, 2012
Cuervo Resources Provides Exploration Update on Cerro Ccopane Iron Ore Project in Peru
http://www.cuervoresources.com/de/i....ro_ccopane_iron_ore_proj/
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Beitrag2/27, 28.04.12, 21:36:38 
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February 13, 2012
Cuervo Reports Additional 72 Million Tonnes of Inferred Iron Ore Resources at Cerro Ccopane Project
http://www.cuervoresources.com/de/i....rred_iron_ore_resources_/
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Beitrag1/27, 28.04.12, 21:49:27 
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