Rohstoffthread / CCG-Hauptthread

[NewAccount]

Avion Gold Corporation: 2011 Annual Gold Production of 91,200 Ounces
Q4 Gold Production of 23,400 Ounces Mine and Mill Expansion for 2012 on Target

TORONTO, ONTARIO--(Marketwire - Jan. 9, 2012) - Avion Gold Corporation (TSX:AVR) (OTCQX:AVGCF)("Avion" or the "Company") is pleased to announce fourth quarter 2011 production of approximately 23,445 ounces of gold from its Tabakoto/Ségala operations in Mali, West Africa. Total annual production for 2011 was approximately 91,228 ounces of gold.

Record Mill Production in Q4

During the fourth quarter of 2011, the Company milled 233,100 tonnes of ore at an average grade of 3.48 g/t Au, with a 90.0% mill recovery. This represents the highest quarterly mill throughput tonnage that the Company has achieved. The table below presents 2011 production results:

Q1 Q2 Q3 Q4 2011 Total
Ore Milled (000's tonnes) 180.8 197.1 227.9 233.1 838.8
Head Grade (g/t Au) 3.64 4.21 3.12 3.48 3.59
Plant Recovery (%) 96.2 96.8 95.4 90.0 94.6
Gold Production (oz) (1) 20,272 25,823 21,687 23,445 91,228

(1) December 2011 ounces not adjusted to final refined product for the last Au shipment. This will be adjusted when the Company's 2011 annual financial statements are issued. Typical adjustments are ± 30 ounces.

Commenting on the fourth quarter 2011 production numbers, Avion's Chief Operating Officer, Mr. Andrew Bradfield, stated: "Logistical issues in the fourth quarter substantially improved compared to the third quarter, and equipment availabilities increased. Operations in 2011 concentrated on preparing for underground mining and doubling the process plant capacity. Management expects the expanded mill capacity will lead to a production run-rate of 200,000 ounces of gold per year in the latter half of 2012."

Underground Development Progresses

Approximately 49,500 tonnes of underground development ore at an average grade of 5.14 g/t Au were mined at the Tabakoto deposit in the fourth quarter. The grade encountered in the development mining is encouraging as the underground development progresses towards the production stage. The first slot raises to enable production stoping are planned to start this month, with production ore mining to commence shortly thereafter. Avion has revised its Tabakoto underground mine plan to accelerate mine stope development and increase the amount of production ore in 2012.

The underground portal at the Ségala deposit was completed in the fourth quarter of 2011, and the main ramp decline was advanced.

Mill Expansion Update

The Company continues on plan and budget for its plant expansion project to increase processing capacity from 2,000 tonnes per day to 4,000 tonnes per day. Construction remains on schedule to be completed around the end of the first quarter of 2012 so that commissioning can be carried out over the second and third quarters as the Company advances the plant to 4,000 tonnes per day in the fourth quarter.

Production of 140,000 to 150,000 Ounces Planned in 2012

Mill feed plans for 2012 include open pit mining at the Dioulafoundou, Ségala NW and Djambaye II deposits, and underground ore from the Tabakoto deposit. The Dar Salam South deposit is being studied to determine if an economic open pit can be developed. A haul road from the Dioulafoundou deposit to the Djambaye II deposit, a distance of 8 kilometres, is under construction. Top soil and waste rock stripping at Djambaye commenced in December 2011. Production stoping at Tabakoto underground is planned to begin in January of 2012. Underground development is planned at the Ségala deposit throughout the year.

Andrew Bradfield, P.Eng., the Chief Operating Officer of the Company, and a qualified person under National Instrument 43-101, has reviewed and approved the scientific and technical information in this press release.

 

[NewAccount]

Largo Resources Appoints Ken Kuchling as Vice President of Engineering

TORONTO, ONTARIO--(Marketwire - Jan. 9, 2012) - Largo Resources Ltd. (TSX VENTURE:LGO), ("Largo" or the "Company") is pleased to welcome Mr. Ken Kuchling, P.Eng to the position of Vice President of Engineering for the Company.

Mr. Kuchling brings with him over 30 years experience in engineering, mining operations and consulting across a variety of commodities including tungsten, bauxite, nickel, molybdenum as well as gold, copper and diamonds. Throughout his career he has had direct involvement in scoping and feasibility studies, project management, 43-101 technical reports, mine design, and environmental permitting. Mr Kuchling has project experience working in various locations including Canada, Alaska, Suriname, Russia, South Korea, Italy, Spain, Argentina, and Senegal. He was most notably involved in the design stage and environmental permitting of the Diavik Diamond Project in the North West Territories as well as in the evaluation of tungsten projects in South Korea.

Mr. Kuchling is a mining engineering graduate from McGill University and holds a Masters of Mine Engineering from University of British Columbia. He is also a member of Professional Engineers Ontario (PEO).

Mark Brennan, President and Chief Executive Officer to Largo stated: "We are excited to welcome Ken to the Largo management team. We believe that his combined experience as an operational engineer and his familiarity with project development in the northern territories of Canada will be especially valuable as we progress the Northern Dancer Project through the feasibility stage."

Mr Kuchling was granted 200,000 options of the Company upon his appointment. The options have an exercise price of $0.295 and shall expire five years from the date of grant. The options shall vest over a two year period, with 1/3 of the options vesting on the date of grant and 1/3 of the options vesting on each of the first and second anniversaries of the date of grant thereafter. The options are subject to the four month regulatory hold period. The grant of options is subject to regulatory approval.

 

[NewAccount]

Bellhaven Appoints Patrick Highsmith as CEO & Director

VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/09/12 -- Bellhaven Copper & Gold Inc. (TSX VENTURE:BHV) ("Bellhaven" or the "Company") is pleased to announce the appointment of Mr. Patrick Highsmith to the position of Chief Executive Officer and Director. Mr. Highsmith's appointment will become effective on February 1, 2012. Patrick has more than 22 years in exploration, mining, and business development, including Rio Tinto, BHP Billiton, and Newmont Mining. He brings an abundance of experience gained from over 250 projects at all stages of development located in more than 20 countries.

Patrick earned bachelor and master degrees in geological engineering and geochemistry from the Colorado School of Mines. After technical positions in mine operations and exploration with Rio Tinto and BHP Billiton during the 1990's, Patrick managed exploration business development for Newmont Mining from 2004 until 2008. Since then he has been actively engaged in the junior sector, co-founding Intuitive Exploration Inc. (now Orestone Mining (TSX VENTURE:ORS)), Copper One Inc. (TSX VENTURE:CUO), and Lithium One Inc (TSX VENTURE:LI). In addition to executive duties in operations, marketing, and corporate communications, he has been integral in numerous transactions from financings, asset sales and purchases, through to negotiating and executing joint ventures with major corporate groups. He is currently the President and Chief Operating Officer of Lithium One, where he was instrumental in the discovery of two NI 43-101 compliant mineral resources and has been advancing the Sal de Vida Lithium and Potash Project in Argentina towards a feasibility study.

Interim CEO and Director Paul Zweng will immediately step down from these positions while remaining with the Company as an advisor to assist Mr. Highsmith and the senior executive team in a smooth and efficient transition.

Paul Zweng, Bellhaven's Interim CEO and Director, commented as follows:

"We are delighted to welcome Patrick Highsmith as the new, full-time CEO and director to Bellhaven. His blend of technical, financial, and managerial experiences is the ideal combination to forward the Company's goal of being a premier developer of gold and copper resources in Colombia and Panama."

"When I joined Bellhaven as interim CEO, we announced in a press release dated May 10, 2010, a new strategy with three key elements: (1) deliver an attractive flagship exploration project, (2) attract first-rate and highly motivated people into both the exploration and senior management ranks, and (3) disseminate company information and updates in a persistent manner to the investment community. During the course of the past 18 months we have executed and delivered on each of these elements. The Company is now positioned for substantial growth as it advances its flagship projects in Colombia and Panama under Patrick's leadership."

"Patrick's appointment will inject new energy into all the Company's activities, from resource development at our La Mina project in Colombia, exploration at our high-sulphidation epithermal gold projects in Panama, and through our business development and marketing efforts. We are confident that Patrick will deliver on the promise that Bellhaven represents to its stakeholders."

Bellhaven's incoming CEO, Patrick Highsmith, had the following comments:

"I am excited about the opportunity to lead Bellhaven through this important growth phase. Bellhaven has a growing gold-copper resource in Colombia, is well-funded for the ongoing drill program, and enjoys the backing of a quality partner in IAMGOLD. We look forward to growing the La Mina resource well beyond its current 1.6 million gold-equivalent ounces. Concurrently with ongoing exploration, we shall continue to develop the known resources by conducting engineering, metallurgical, environmental and other studies to complete a preliminary economic assessment later this year. Furthermore, the company is not yet valued for its gold assets in Panama, and yet we are well-positioned to operate and add value in that jurisdiction as well."

"Bellhaven has assembled an excellent team to help me deliver results. It will be a pleasure to join forces again with some former BHP co-workers who are now at Bellhaven. The gold markets continue to reward new discoveries and our investors can look forward to a steady pace of activity and regular communications."

Grant of Incentive Stock Options

The Company also announces that it has granted in the aggregate 1,500,000 options to certain consultants, employees, officers and/or directors of the Company to acquire a total of 1,500,000 common shares of the Company with an exercise price for the first 1,000,000 options set at $0.425 (being the closing price of the Company's shares on the TSX Venture Exchange on January 6, 2012), and the remaining 500,000 options at an exercise price of $0.65 per share or such greater price as may be required in accordance with the policies of the TSX Venture Exchange. The options are exercisable for a five-year period from the date of grant. The options may include vesting restrictions as per the Company's stock option plan. This option grant is subject to exchange approval.

 

[PerseusLtd]

13:52. Bundeskanzlerin Merkel sieht gute Chancen, dass die neuen Regelungen zur europaweiten Schuldenbremse im Januar oder spätesten im März unterzeichnet ist.

13:51. Bundeskanzlerin Merkel: Wollen, dass Griechenland im Euro bleibt. Verpflichtungen müssten aber umgesetzt werden.

13:51. Bundeskanzlerin Merkel sieht den Fiskalpakt innerhalb der EU gut voran kommen.

 

[dukezero]

13:56. Sarkozy: Vertrag zum Fiskalpakt soll am 1. März 2012 unterzeichnet werden.

13:55. Sarkozy: Französisches Defizit liegt in 2011 unter dem Zielwert.

 

[dukezero]

dukezero schrieb am 09.01.2012, 13:29 Uhr[/url]"]Deutsche Konjunkturlokomotiven , wie Daimler,BMW summen!
Daimler Tradingrange 67 cent.

http://www.boerse-online.de/aktie/empfehlung/deutschland/:Absatzrekord--BMW-laesst-Daimler-deutlich-hinter-sich/633259.html?nl=dailyBMW+l%E4sst+Daimler+deutlich+hinter+sich&nv=dailyBMW+l%E4sst+Daimler+deutlich+hinter+sich#utm_source=daily_topthema_gross&utm_medium=Newsletter

 

[greenhorn]

January 09, 2012 08:00 ET

SilverCrest Retires Bank Debt Ahead of Schedule

http://www.marketwire.com/press-rel...ahead-of-schedule-tsx-venture-svl-1604253.htm
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 9, 2012) - SilverCrest Mines Inc. (TSX VENTURE:SVL)(PINKSHEETS:STVZF)(OTCQX:STVZF) (the "Company" or "SilverCrest") is pleased to announce that it has retired the Project Loan Facility with Macquarie Bank Limited related to the construction of the Santa Elena Mine located in Sonora, Mexico. The original amount of the loan was $12.5 million USD and the principal balance outstanding at September 30, 2011 was $7.1 million USD. The loan retirement was funded entirely with cash flow from operations and was repaid 21 months ahead of schedule.

In addition to retiring the Project Loan Facility the Company also entered into the following transactions with Macquarie Bank Limited:

Effective December, 2011, settled the 5,000 ounce European gold call option expiring June 13, 2012 for $3,010,609 USD which will reduce the Company's derivative instrument liability by the carrying value of $3,143,959 USD and result in a small derivative instrument gain on the transaction.
Effective December, 2011 the Company delivered 1,141 ounces of gold in excess of the required hedge delivery schedule which reduced the required 2012 hedge delivery to 8,509 ounces of gold. As at December 31, 2011 there are 35,485 ounces of gold remaining to be delivered into the Hedging Facility during the period from 2012 to 2014.
Barney Magnusson, Chief Financial Officer stated; "Repaying the Project Loan Facility within 6 months of declaring commercial production at the Santa Elena Mine is a major milestone in the Company's development. Coupled with the early settlement of the European call option and accelerated gold ounce deliveries into the Hedging Facility we are well positioned to take advantage of anticipated robust precious metal prices in 2012."

The Company anticipates production of approximately 33,000 ounces of gold and 435,000 ounces of silver for 2012. After making the gold stream payment to Sandstorm Gold Ltd. and deliveries to the Hedging Facility the Company expects to have approximately 18,000 ounces of gold and all 435,000 ounces of silver available for delivery at spot metal prices during the year.

The above transactions strengthen the Company's free cash flow in 2012 and re-enforces the ability to carry out the Expansion Plan at the Santa Elena Mine and continue to aggressively explore the La Joya Project located in Durango, Mexico.

 

[dukezero]

WS kommt stark rein!

 

[dukezero]

 

[dukezero]

Geht da was? Ja,ha!

 

[Ollinho]

International Tower Hill Mines Names Thomas E. Irwin as New Alaska General Manager <ITH.TO>

Marketwire

International Tower Hill Mines Ltd.

January 9, 2012 - 09:00:00 AM

International Tower Hill Mines Names Thomas E. Irwin as New Alaska General
Manager

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 9, 2012) - International Tower
Hill Mines Ltd. ("ITH" or the "Company") - (TSX:ITH) (NYSE Amex:THM)
(FRANKFURT:IW9) ) has named Thomas E. Irwin as the Company's new Alaska
General Manager at its Livengood gold project near Fairbanks, Alaska. Mr.
Irwin joined ITH in March 2011 as Livengood Construction Manager with over 37
years of experience in the natural resource industry having constructed,
optimized, operated and permitted major mining projects with companies such as
Amax Gold and Kinross. He succeeds Karl Hanneman, who will become the
Livengood Placer Manager and will oversee the Company's investigations into
potential placer gold extraction in the vicinity of the Livengood deposit. A
resource study is currently underway to determine the size of the placer gold
deposit and it is anticipated that a subsequent Preliminary Economic
Assessment will be completed in first half of 2012.

As the new Alaska General Manager, Mr. Irwin will be responsible for the
management and technical direction of permitting and development of the
Livengood project. Prior to joining ITH, Mr. Irwin served for six years as the
Commissioner of the Alaska Department of Natural Resources. From 1996 to 1999,
he was the Operations Manager responsible for mine start-up and operation at
the Fort Knox mine located 60 miles southeast of the Livengood project and
General Manager of the mine from 1999 to 2001. From 2001 to 2003, he was the
Vice President, Business Development for Fairbanks Gold Mining Inc., a
subsidiary of Kinross Gold, responsible for new project permitting, business
development and governmental and public relations in Alaska. Prior to his work
at Fort Knox, Mr. Irwin was General Manager of Amax Gold's Sleeper Mine in
Nevada and manager of the Climax mine in Colorado.

In his new role as Livengood Placer Manager, Mr. Hanneman will lead the
Company's investigations of the potential for near-term gold production
through placer operations in the vicinity of the Livengood deposit as well as
providing technical support on the Livengood gold project. Prior to joining
ITH in May 2010 as Livengood Project Manager and working with Teck Resources
on project development and permitting in Alaska from 1997 to 2010, Mr.
Hanneman carried out extensive placer mining operations in the Livengood
District dating back to the early 1990s.

"Tom's new role with the Company is in recognition of the tremendous Alaskan
mining and permitting experience he brings to our team and the significant
contributions he has been making to the Company since his appointment last
year. We are also grateful to Karl Hanneman for his contributions to date and,
given his intimate knowledge and experience with placer operations in the
Livengood district, we are excited to have him oversee our investigations on
this matter," said James Komadina, Chief Executive Officer of ITH. "Tom and
Karl's combined expertise and experience will be invaluable to us in advancing
the Livengood project towards development into a major new gold mine in North
America."

About International Tower Hill Mines Ltd.

International Tower Hill Mines Ltd. controls a 100% interest in the
world-class Livengood Gold Project accessible by paved highway 70 miles north
of Fairbanks, Alaska. In 2012 ITH is focused on the rapid

advancement of the Livengood project into a compelling potential development
scenario while it continues to expand its current resource and explore its 145
km2 district for new deposits.

On behalf of

International Tower Hill Mines Ltd.

(signed) James Komadina

James J. Komadina, Chief Executive Officer

 

[greenhorn]

eigentlich interessant auf dem Niveau.......
am freitag kam die Ressourcenschätzung

http://www.silvercrestmines.com/upl...A=0&bcsi_scan_filename=SVLDecember02-2011.pdf


2012-01-05 09:22 ET - News Release

Mr. Scott Drever reports

SILVERCREST ANNOUNCES INITIAL RESOURCES AT LA JOYA PROPERTY; +100 MILLION OUNCES SILVER EQUIVALENT(I)
SilverCrest Mines Inc. has completed its initial resource estimation for its La Joya property in Durango, Mexico. Inferred resources within the phase I area are estimated at 57.9 million tonnes grading 28 grams per tonne silver, 0.18 gram per tonne gold and 0.21 per cent copper. Initial resources contain approximately 51.3 million ounces of silver, 333,400 ounces of gold (16.7 million ounces of silver equivalent) and 270.3 million pounds of copper (33.9 million ounces AgEq) for a total of 101.9 million ounces silver equivalent (i) (AgEq) using a cut-off grade of 15 g/t AgEq.

These resources have been independently estimated utilizing company phase I drilling and sampling programs along with independently validated historic data. Drilling to date has been relatively widespread in the phase I area, which is approximately one kilometre by 500 metres. As a result, the initial resource estimates are considered by the company to cover only a portion of the overall potential within the phase I area.

The main mineralized trend, which includes the phase I and II drilling areas, has an overall length of 2.5 kilometres and an average minimum width of 500 metres (see news release dated Nov. 14, 2011, for description of target areas). Phase II drilling is currently under way.

CCG-Redaktion schrieb am 09.01.2012, 14:45 Uhr[/url]"]January 09, 2012 08:00 ET

SilverCrest Retires Bank Debt Ahead of Schedule

http://www.marketwire.com/press-rel...ahead-of-schedule-tsx-venture-svl-1604253.htm
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 9, 2012) - SilverCrest Mines Inc. (TSX VENTURE:SVL)(PINKSHEETS:STVZF)(OTCQX:STVZF) (the "Company" or "SilverCrest") is pleased to announce that it has retired the Project Loan Facility with Macquarie Bank Limited related to the construction of the Santa Elena Mine located in Sonora, Mexico. The original amount of the loan was $12.5 million USD and the principal balance outstanding at September 30, 2011 was $7.1 million USD. The loan retirement was funded entirely with cash flow from operations and was repaid 21 months ahead of schedule.

In addition to retiring the Project Loan Facility the Company also entered into the following transactions with Macquarie Bank Limited:

Effective December, 2011, settled the 5,000 ounce European gold call option expiring June 13, 2012 for $3,010,609 USD which will reduce the Company's derivative instrument liability by the carrying value of $3,143,959 USD and result in a small derivative instrument gain on the transaction.
Effective December, 2011 the Company delivered 1,141 ounces of gold in excess of the required hedge delivery schedule which reduced the required 2012 hedge delivery to 8,509 ounces of gold. As at December 31, 2011 there are 35,485 ounces of gold remaining to be delivered into the Hedging Facility during the period from 2012 to 2014.
Barney Magnusson, Chief Financial Officer stated; "Repaying the Project Loan Facility within 6 months of declaring commercial production at the Santa Elena Mine is a major milestone in the Company's development. Coupled with the early settlement of the European call option and accelerated gold ounce deliveries into the Hedging Facility we are well positioned to take advantage of anticipated robust precious metal prices in 2012."

The Company anticipates production of approximately 33,000 ounces of gold and 435,000 ounces of silver for 2012. After making the gold stream payment to Sandstorm Gold Ltd. and deliveries to the Hedging Facility the Company expects to have approximately 18,000 ounces of gold and all 435,000 ounces of silver available for delivery at spot metal prices during the year.

The above transactions strengthen the Company's free cash flow in 2012 and re-enforces the ability to carry out the Expansion Plan at the Santa Elena Mine and continue to aggressively explore the La Joya Project located in Durango, Mexico.

 

[golden_times]

V.GWY

Interessantes Update in der aktuellen CP:

"Fractional land position surrounded by AUX resources- to be drilled"

Die schmalen fractions liegen hauptsächlich neben der Hauptmineralisierung
des weltklasse Mascota-Trends . Damit wollen sie sich imho noch aktiver
committen, sie drillen dann schließlich auf teils 10m schmalen Konzessionen,
welche direkt neben den Bohrgeräten von Batista's AUX lokalisiert sind (!)

 

[greenhorn]

January 09, 2012 09:20 ET

Riverstone Announces Significant Increase of Gold Mineralization at Karma Project

http://www.marketwire.com/press-rel...-at-karma-project-tsx-venture-rvs-1604421.htm

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 9, 2012) - Riverstone Resources Inc. (TSX VENTURE:RVS)(OTCQX:RVREF)(FRANKFURT:3RV) announces an updated independent NI 43-101 compliant Mineral Resource estimate, that shows an increase of 42% for the global mineral inventory compared to the February, 2011 resource estimate at its flagship Karma gold project in Burkina Faso, West Africa (See RVS news release dated February 28, 2011). The NI 43-101 compliant resource estimate has been completed by P&E Mining Consultants Ltd. ("P&E") of Brampton, ON. The estimate was completed on the Goulagou I, Goulagou II, Kao, Rambo and Nami deposits which are all in close proximity to each other.

HIGHLIGHTS (resources are contained within five Whittle open pit shells)

• Global Mineral Inventory (inside and outside of Whittle pit shells) consists of indicated gold mineralization totaling 1,773,000 ounces of gold in 54.1 Mt at an average grade of 1.02 g/t Au and inferred gold mineralization totaling 959,000 ounces of gold in 37.4 Mt at an average grade of 0.8 g/t Au.

• A significant portion of the gold resources are at shallows depth (less than 200 metres vertical depth) and over 80% of the global mineral inventory is contained with the five Whittle pit shells (see map: http://www.riverstoneresources.com/i/maps/120107-120105KarmaResLSect.jpg).

• Total Indicated gold resources within five Whittle pits are 1,634,000 ounces of gold in 47.34 Mt at an average grade of 1.07 g/t Au.

• Total Inferred gold resources within five Whittle pits are 566,000 ounces of gold in 18.93 Mt at an average grade of 0.93 g/t Au.

• 74% of the resources within the Whittle pit shells are classified as Indicated gold resources.

• Mineralization remains open at depth and along strike in at least one direction for all deposits.

• This resource will be used as the basis for proceeding with a Preliminary Economic Assessment (PEA) commencing in Q1, 2012.

 

[NewAccount]

BCGold Corp. Acquires Central Yukon Gold Property

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 9, 2012) - BCGold Corp. (TSX VENTURE:BCG) (or the "Company") is pleased to announce that it has signed an option agreement (the "Agreement") to acquire a 100% interest in the 4,500 ha Off-White Gold property (the "Property") in central Yukon. The Property is an early-stage gold discovery that was identified through BCGold Corp.'s 2011 Yukon generative exploration efforts targeting bulk-tonnage, intrusion-related gold deposits in easily accessed areas of Yukon. The Property is well situated along the Klondike Highway with year-around road access, 8 km west of McQuesten village and 340 km north of Whitehorse, Yukon.

Prospecting and test pitting by Mr. Robert Stirling (the "Vendor") along the banks of the Stewart River in the early 1990s identified placer gold deposits that subsequently produced 455 ounces of gold during a two year period. Recent microscopic studies of the recovered nuggets defined a sizable sub-population of coarse-grained, angular nuggets, which is highly suggestive that a nearby bedrock source exists for a significant component of the gold. The Property was staked over the presumed bedrock source of this coarse gold.

BCGold Corp. believes the source of the gold is related to an underlying, Tombstone-style intrusive-related gold system situated along the margin of the nearby, regional Tintina Fault, and the Property represents an excellent discovery-stage opportunity. The Company plans to conduct an expansive auger-soil geochemical program in 2012 to further delineate the bedrock source of the gold.

Agreement Terms

The Company agrees to make a $47,000 cash payment to the Vendor upon signing the Agreement, and to issue 3,000,000 BCGold Corp. common shares to the Vendor and incur $600,000 in exploration work on the Property, in stages and over a four year option period, to earn a 100% interest in the Property. The Company will issue 150,000 common shares upon signing the Agreement and agrees to incur $75,000 in exploration expenditures and issue an additional 300,000 common shares by the first anniversary of the Agreement.

The Vendor retains a 2% Net Smelter Royalty, which can be reduced to 1% for a $1 million cash payment. The Company agrees to make annual advanced royalty payments of $60,000 commencing on the seventh anniversary of the Agreement.

All terms and conditions of the Agreement are subject to TSX Venture Exchange approval.

 

[NewAccount]

Rye Patch Gold Makes New Gold and Silver Discoveries on the Rochester Property

VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/09/12 -- Rye Patch Gold Corp. (TSX VENTURE:RPM)(OTCQX:RPMGF) ("Rye Patch" or the "Company") through its wholly owned subsidiary Rye Patch Gold US Inc. reports assay results from the Company's 100% owned LH Claims, Rochester property, located on the Oreana trend. The property covers lands located between the Company's Lincoln Hill project to the west of the Rochester Mine, on lands around the northern, western and eastern portions of Coeur d'Alene Mine's (NYSE:CDE)(TSX:CDM) active Rochester open pit silver mine, and on lands surrounding the Packard open pit silver mine south of the Rochester Mine. The LH Claims also cover portions of the Black Fault zone to the east.

HIGHLIGHTS:


-- Five new discovery areas identified - Northwest Rochester, Mystic,
Limerick Basin, Independence Hill, and Black Fault;
-- Average assay gold and silver grade of 457 rock-chip channel samples
greater than the average gold and silver grades being mined at the
Rochester Mine open pit;
-- Mystic Breccia zone is a series of high-grade gold and silver breccias
with an average grade of 0.266 g/t Au and 290.2 g/t Ag; and
-- Drilling is planned to begin on the Mystic and Northwest Rochester
targets in late January.

The Oreana trend includes three active mines and three advance stage exploration properties. The mines are Relief Canyon, Rochester, and Packard Mines, and the advance projects are Wilco, Lincoln Hill and Spring Valley. Rye Patch Gold controls over 100 square kilometres along the trend.

"Rye Patch is excited by the initial assay results which constitute five new discovery areas. The assays demand immediate follow up, and at the Mystic and Northwest Rochester targets, drilling. Our geologic team continues to explore and develop the discoveries. Permitting is in process and drilling will commence in late January," stated William C. Howald, President and CEO of Rye Patch Gold Corp.

Based on the initial Phase-1 rock-chip sampling program, the Company has located 5 targets that returned ore-grade gold and silver assays. The targets are the: Northwest Rochester, Independence Hill, Limerick Basin, Mystic, and Black Fault regions. Targets were selected as a corollary to the striking gold and silver values returned from Phase-1 sampling assay results. These new discoveries warrant immediate follow-up, and drilling permit applications are in process with the goal of drilling to commence in late January. Table 1 summarizes the results by target area.


----------------------------------------------------------------------------
----------------------------------------------------------------------------
Table 1: Rye Patch Gold US Inc. Rochester Target Summary Assay Statistics
(1)
----------------------------------------------------------------------------
Silver
Gold assay Silver assay assay
Gold assay range average range average
----------------------------------------------------------------------------
# of
Target Samples Opt Ppm opt ppm opt ppm opt ppm
----------------------------------------------------------------------------
Northwest 0.0025- 0.015- 0.5-
Rochester 43 0-0.018 0.613 0.002 0.08 17.39 596.2 1.0 33.4
----------------------------------------------------------------------------
Mystic 0.0025- 0.003- 0.1-
57 0-0.04 1.3 0.004 0.133 55.3 1896.6 4.2 143.3
----------------------------------------------------------------------------
Mystic Breccia 0.09- 0.006- 0.2-
zone (2) 27 0.002-0.04 1.33 0.008 0.266 55.3 1896.6 8.5 290.2
----------------------------------------------------------------------------
Limerick Basin 0.0025- 0.006- 0.2-
11 0-0.086 2.94 0.015 0.504 78.61 2695.7 7.3 251.2
----------------------------------------------------------------------------
Independence 0.0025- 0.006-
Hill 26 0-0.255 9.1 0.014 0.481 7.15 0.2-244 1.1 38.2
----------------------------------------------------------------------------
Black Fault 0.0025- 0.001- 0.05-
32 0-0.001 0.062 0.000 0.01 0.522 17.9 0.1 2.8
----------------------------------------------------------------------------
(1) Based on November and December 2011 sampling and fire assay results
(2) Mystic Breccia Zone is apart of the Mystic Target
----------------------------------------------------------------------------
----------------------------------------------------------------------------


NORTHWEST ROCHESTER

The Northwest Rochester target is comprised of altered rhyolite host rocks similar to those found at the Lincoln Hill deposit and the Rochester and Packard mines. Within the rhyolite package, a geologic contact is highly altered and is known for strong silver and gold mineralization in the Rochester open pit. There are several ore projections trending sub-parallel to the Oreana Trend northeast, and from the Rochester pit toward the northwest. The LH claims cover the north and northwest portions of the Rochester open pit - making the Northwest Rochester target a particularly exciting prospect. The Company's phase-1 sampling program yielded average assay grade of 0.08 g/t Au and 33.4 g/t Ag. The highest samples returned assays grading 0.613 g/t Au and 596.2 g/t Ag.

MYSTIC

The Mystic target is located immediately adjacent and north of the Packard open pit mine. The Mystic target is a swarm of breccia zones trending northeast directly toward the Rochester Mine open pit. The Mystic target has the highest average silver assays of all of the new Rye Patch discoveries on the Rochester Property. The highest silver assay is 1,896.6 g/t Ag, with an overall average grade of 0.133 g/t Au and 143.3 g/t Ag based on 57 rock-chip channel samples. The Mystic breccia zone shows the highest grades in gold and silver. The breccia zone is defined by a series of northeast oriented structural zones covering 1,000 metres wide by 3,000 metre long zone. The Mystic zone trends northeast toward the Rochester open pit. Average grade in the Mystic breccia zone is almost double the average for the entire Mystic target, with 0.266 g/t Au and 290.2 g/t Ag based on the 27 rock-chip channel samples collected in the breccia zone.

LIMERICK BASIN

The Limerick Basin target is 1.5 km northwest of the Rochester pit and approximately 3.5 km northeast of Lincoln Hill. Limerick Basin includes the historic Plainview mines located on the eastern edge of the target. Plainview, predominantly mined for silver, produced silver and gold from intrusive dikes and breccia zones similar to the Company's 100% controlled Lincoln Hill project. Rye Patch's highest silver assay from the Phase-1 sampling program was taken from the southwestern edge of the Limerick Basin target. The sample yielded assays grading 2.06 g/t Au and 2,695.7 g/t Ag. The average assay grade for all of Limerick Basin is 0.504 g/t Au and 251.2 g/t Ag.

INDEPENDENCE HILL

Independence Hill is adjacent to and borders the southern boundary of the Lincoln Hill project, and it is 2.5 kilometres west of the Rochester pit. Rochester Rhyolite underlies the target with northwest trending tourmaline-rich Lamprophyre dikes and breccia zones. These features are also found at the nearby Lincoln Hill project and are associated with higher gold and silver values. The Phase-1 sample program assays reinforce this occurrence of higher gold and silver anomalies associated with intrusive and fractured zones. Average assay grades in the Independence Hill region are 0.481 g/t Au and 38.2 g/t Ag, with the highest sample running 9.1 g/t Au and 244 g/t Ag.

BLACK FAULT

The Black Fault target, as the name indicates, is located along a major structure (Black Fault) immediately east of the Rochester and Packard pits. The Black Fault is a roughly north-south trending structure that is directly or closely related to the Rochester, Relief Canyon, and the Spring Valley mines. Major structures are often associated with high-grade mineralization, especially in Nevada. Furthermore, an exposed intrusive on the east boundary of the Black Fault, also known to be associated with mineralization in the Spring Valley deposit adds another layer of icing to the prospecting cake.

As a comparison of the phase-1, rock-chip program with current mining adjacent to the LH claims. Table 2 summarizes the average resource grades from nearby operating gold and silver mines with the assay results garnered from the Rye Patch phase-1 sampling program.


Table 2: Comparison of Rye Patch Gold Surface Assays and Adjacent Mine
Operations
----------------------------------------------------------------------------
----------------------------------------------------------------------------
GOLD SILVER
--------------------------------------------------------
Areas opt g/t ppm ppb opt g/t ppm ppb
----------------------------------------------------------------------------
Coeur Rochester (1) 0.005 0.171 0.171 171.45 0.570 19.545 19.545 19545
----------------------------------------------------------------------------
Florida Canyon (2) 0.018 0.614 0.614 613.79 n/a n/a n/a n/a
----------------------------------------------------------------------------
Hycroft (3) 0.013 0.446 0.446 445.70 0.293 10.047 10.047 10047
----------------------------------------------------------------------------
Rye Patch Gold (4) 0.002 0.067 0.067 66.50 0.817 28.03 28.03 28030
----------------------------------------------------------------------------
(1) Figures based on January 1,2011 Coeur Rochester Technical Report
(2) Figures based on October 19-20, 2002 GSN Fall Field Trip Guidebook
(3) Figures based on Allied Nevada November 07, 2011 3Q Report
(4) Figures based on Rye Patch Gold US INC November 19, - December 05, 2011
sampling (457 samples)
----------------------------------------------------------------------------
----------------------------------------------------------------------------


The Rochester property covers 30.3 square kilometres (7,493.2 acres), and the District Court has enjoined the Company from conducting exploration activities on approximately 7.4 square kilometres (1,839.3 acres) in the immediate Rochester Mine area. It is the Company's position that the LH claims within the enjoined area are and continue to be valid senior unpatented mining claims containing up to 20% of Rochester's reserves and a significant portion of the known resource, based on Coeur's December 5, 2011, news release.

As announced on May 18, 2010, May 11, 2009, and June 2, 2009, in respect of the Lincoln Hill, Wilco, and Jessup projects, Rye Patch Gold's resource inventory along the Oreana trend now totals 1,182,780 ounces of gold and gold equivalent in the measured and indicated category plus 2,727,100 ounces of gold and gold equivalent in the inferred category. Table 3 summarizes Rye Patch Gold's precious metal inventory in Nevada, USA excluding any resources within the LH claims.


----------------------------------------------------------------------------
Table 3: Rye Patch Gold's NI43-101 Resource Inventory(1)
----------------------------------------------------------------------------
Contained
Gold Silver Contained Contained Gold & Gold
Resource Tonnes Grade Grade Gold Silver Equivalent
Property Category (X 1,000) (g/t) (g/t) Ounces Ounces Ounces (4)
----------------------------------------------------------------------------
Wilco (2) Measured 7,526 0.69 4.595 164,000 1,111,000 186,220
Indicated 30,844 0.51 3.601 522,000 3,638,000 594,760
Inferred 121,838 0.41 5.075 1,660,000 19,871,000 2,057,420
----------------------------------------------------------------------------
Jessup(2) Measured 7,775 0.51 8.745 128,000 2,184,000 171,680
Indicated 12,642 0.41 7.167 172,000 2,906,000 230,120
Inferred 4,494 0.55 7.922 77,000 1,146,000 99,920
----------------------------------------------------------------------------
Lincoln Measured
Hill(3) - - - - - -
Indicated - - - - - -
Inferred 17,215 0.69 17.143 380,000 9,488,000 569,760
----------------------------------------------------------------------------
Total Oreana Trend Measured & Indicated
Resources 986,000 9,839,000 1,182,780
Total Oreana Trend Inferred Resources 2,117,000 30,505,000 2,727,100
----------------------------------------------------------------------------
----------------------------------------------------------------------------
(1) All resources on 100% basis. Metallurgical recoveries and net smelter
returns are assumed to be 100%. Conforms to 43-101 resource definitions;
(2) Cutoff grade for Wilco Measured and Indicated resource is reported at
0.2 g/t Au for oxide mineralisation and 1.45 g/t Au for sulphide
mineralisation. The Inferred resource cut-off grade is reported at 0.2 g/t
Au for oxide, sulphide and carbonaceous ore types; however, a higher opt
Au cut-off grade may be required to upgrade the inferred resource to the
measured and indicated resource category. Cut-off grade for Jessup is
reported at 0.2 g/t Au for oxide mineralisation and 0.34 g/t Au for
transition and sulphide mineralisation; and
(3) The Inferred resource is reported at a cut-off grade of 0.34 g/t (0.01
opt) Aueq for oxide and transitional ore types;
(4) Wilco, Jessup and Lincoln Hill resources includes Au equivalent ounces
(Aueq.); where Aueq. = (Au ozs) + (Ag ozs X $Ag/oz)/$Au/oz, for Au/oz =
$1,200, and Ag/oz = $24.
----------------------------------------------------------------------------

 

[dukezero]

Die letzte Kerze ist verheissungsvoll!!
Über 1.80 cad!
http://bigcharts.marketwatch.com/kaavio.Webhost/charts/big.chart?nosettings=1&symb=ca%3aaoi&uf=0&type=4&size=4&sid=8110359&style=330&freq=1&time=8&rand=260670517&compidx=aaaaa%3a0&ma=4&maval=9&lf=1&lf2=4&lf3=2&height=981&width=1045&mocktick=1

CCG-Redaktion schrieb am 09.01.2012, 15:17 Uhr[/url]"]Geht da was? Ja,ha!

» zur Grafik

 

[dukezero]

Sieht jetzt besser aus!!

 

[greenhorn]

R - Romarco bastelt am Überwinden der 1,20 CAD, das würde Schub bringen bis 1,50 CAD

 

[greenhorn]

January 09, 2012 10:39 ET

Midlands Minerals Signs MOU with Obo Traditional Council Allowing Continued Exploration of the Sian Gold Project

http://www.marketwire.com/press-rel...inued-exploration-tsx-venture-mex-1604474.htm

TORONTO, ONTARIO--(Marketwire - Jan. 9, 2012) - Midlands Minerals Corp. ("Midlands" or the "Company") (TSX VENTURE:MEX) (OTCQX:MDLXF) is pleased to announce that it signed a memorandum of understanding (the "MOU") with the Obo Traditional Council, representing the Nifa Division of the Kwahu traditional area and its constituent communities (the "Community") on January 4, 2011. The MOU reflects that Midlands and the Community have agreed to forge a new relationship for the mutual benefit of both parties. The MOU allows Midlands complete access to the Sian gold project, facilitating the continued exploration of the project. As part of the agreement, Midlands has also agreed to assist the Community with its socio-economic development issues.

Mr. Craig Pearman, President and CEO of Midlands commented: "The MOU is significant for Midlands in that it opens the way for accelerated exploration of the prospective Sian gold project in 2012 and establishes an environment of mutual company-community respect and support which is critical to the company's success on the project. Midlands looks forward to resuming active exploration at Sian early in 2012."

golden_times schrieb am 16.11.2011, 14:23 Uhr[/url]"]Definitiv! Unglaublich schade, dass die Story so unter die Räder gekommen ist, wenn man sich
die operativen Entwicklungen der letzten 24 Monaten anschaut. Diese news sollte für Vertrauen
sorgen, dass dieses Unternehmen dringend benötigt.

greenhorn schrieb am 16.11.2011, 14:16 Uhr[/url]"]ich glaube die sollte man sich nun mal wieder auf die WL legen!

November 16, 2011 08:00 ET

Midlands Minerals Hires Kinross Chief Exploration Geologist Craig Pearman as President and Chief Executive Officer

http://www.marketwire.com/press-rel...rman-as-president-tsx-venture-mex-1587645.htm
TORONTO, ONTARIO--(Marketwire - Nov. 16, 2011) - Midlands Minerals Corp. ("Midlands" or the "Company") (TSX VENTURE:MEX)(OTCQX:MDLXF) is pleased to announce that Craig Pearman has been appointed the President and Chief Executive Officer of Midlands and is expected to begin his employment on December 1, 2011.

Mr. Pearman has an extensive career as an exploration and mining geologist in Ghana, Tanzania and South Africa. Most recently he held the roles of Chief Exploration Geologist for Kinross Gold Corporation at the Chirano Mine in Ghana, Consultant Geologist for Newmont Ghana Gold at the Ahafo & Akyem gold mines, and Exploration Manager and Managing Director for Volta Resources in Ghana. Mr. Pearman's broad experience in exploration and mine development makes him a significant addition to the Midlands management team.

Mr. Nick Tintor, Chairman of the Board stated: "Everyone at Midlands warmly welcomes Craig to the company and we look forward to the leadership and expertise that he brings to the team. Craig's considerable experience working in Africa will enhance the future success of Midlands's high quality gold projects in both Ghana and Tanzania. His experience matches our corporate exploration focus and objectives, simultaneously providing excellent technical oversight to insure our projects advance rapidly and bring value to our shareholders."

Mr. Pearman commented: "I look forward to leading this team through such an exciting time for the Company. With a strong focus on a revitalized exploration program, we will bring future success to our assets in both Ghana and Tanzania."

» zur Grafik

 

[golden_times]

Gold vs Gold Stocks - Goldman Releases "2012: A Gold Odyssey? The Year Ahead..."

http://www.zerohedge.com/news/gold-vs-gold-stocks-goldman-releases-2012-gold-odyssey-year-ahead

 

[Ollinho]

Die Indikatoren verschlechtern sich weiter! Bei der sich nun zeigenden Entwicklung gehe ich von einem schlechten 1. Halbjahr an den Märkten aus!

WLI Falls
A gauge of future economic activity in the U.S. fell last week, according to the Economic Cycle Research Institute.

The ECRI’s leading index for the week ending Dec. 30 fell to 120.2 from 120.7 in the previous week. The growth rate, which is designed to minimize monthly fluctuations, fell 8.2 percent.

>>> http://www.businesscycle.com/


Baltic Dry Index - Update

BDI mit deutlichem Abriß! Das wird nicht spurlos an den Märkten vorbeigehen obwohl ich aus Teilbereichen der deutschen Wirtschaft teilweise erstklassige Ausblicke erhalte.

 

[dukezero]

Hier muss man aber auch die gebauten Schiffe zur Kenntnis nehmen.

Beispiel: Die deutsche Flotte alleine stieg 2007 - 2011 von 3013 auf 3768 Schiffe!

http://www.reederverband.de/daten-und-fakten/2011/deutsche-handelsflotte.html

 

[dukezero]

Als Ergänzung dazu der Harpexindex (für Containerschiffe):

http://www.harperpetersen.com/harpex/harpexVP.do

oder der HRCI; http://www.op-shipping.com/markt/hrci.php

oder der “China Containerized Freight Index”: http://en.sse.net.cn/indices/ccfi.jsp

 

[Ollinho]

Das ist richtig. Aber der Einbruch ist mir zu stark.

Auch der Harpex ist nachhaltig im Abwärtstrend, sodass wir in Teilbereichen der Wirtschaft event. negative Tendenzen haben. Andere Bereiche sehen dagegen richtig gut aus.

Die entscheidende Frage wird eh sein, wieviel die Märkte und die Rohstoffpreise vorweg genommen haben oder ob wir nen weiteren deflatorischen Verlauf sehen indem wieder alle Assetklassen zumindest temporär abverkauft werden.

dukezero schrieb am 09.01.2012, 19:38 Uhr[/url]"]Hier muss man aber auch die gebauten Schiffe zur Kenntnis nehmen.

Beispiel: Die deutsche Flotte alleine stieg 2007 - 2011 von 3013 auf 3768 Schiffe!

http://www.reederverband.de/daten-und-fakten/2011/deutsche-handelsflotte.html

 

[Ollinho]

Dezember 2011

Rohstoffmangel aus Sicht deutscher Unternehmen / KfW-Studie

>>> http://www.braunschweig.ihk.de/innovation_umwelt/nachrichten_11/dezember_2011/?viewMeldung=meldung_1322647620.64

 

[Kostolanys Erbe]

Drittes Ziel GAP-Schliessung!!!

dukezero schrieb am 09.01.2012, 16:11 Uhr[/url]"]Sieht jetzt besser aus!!
» zur Grafik

 

[Kostolanys Erbe]

Weitere Insiderkäufe letzten Freitag bei MGP:

Company Name : Mega Precious Metals Inc. Last Updated: January 6, 2012
Date Symbol Insider
Buys
Volume Insider
Sells
Volume Insider
Buys
Value $ Insider
Sells
Value $ Insider
Buys
Transaction Insider
Sells
Transaction Currency
01/06/2012 MGP 31,000 0 15,800.00 0.00 8 0 CAD
http://www.tmxmoney.com/HttpController?GetPage=SearchInsiderTrade&Language=en&Submit=Submit&QuerySymbol=mgp

http://stockcharts.com/h-sc/ui

Bei 0,53 CAN$ verläuft die 200-Tage-Linie

Kostolanys Erbe schrieb am 06.01.2012, 19:17 Uhr[/url]"]Gestern weitere Insiderkäufe bei MGP:

Company Name : Mega Precious Metals Inc. Last Updated: January 5, 2012
Date Symbol Insider
Buys
Volume Insider
Sells
Volume Insider
Buys
Value $ Insider
Sells
Value $ Insider
Buys
Transaction Insider
Sells
Transaction Currency
01/05/2012 MGP 45,000 0 22,500.00 0.00 11 0 CAD
http://www.tmxmoney.com/HttpController?GetPage=SearchInsiderTrade&Language=en&Submit=Submit&QuerySymbol=mgp

Kostolanys Erbe schrieb am 05.01.2012, 18:16 Uhr[/url]"]Gestern wieder kleiner Insiderkauf:

Company Name : Mega Precious Metals Inc. Last Updated: January 4, 2012
Date Symbol Insider
Buys
Volume Insider
Sells
Volume Insider
Buys
Value $ Insider
Sells
Value $ Insider
Buys
Transaction Insider
Sells
Transaction Currency
01/04/2012 MGP 6,500 0 3,185.00 0.00 3 0 CAD

http://www.tmxmoney.com/HttpController?GetPage=SearchInsiderTrade&Language=en&Submit=Submit&QuerySymbol=mgp

» zur Grafik

Kostolanys Erbe schrieb am 04.01.2012, 20:00 Uhr[/url]"]Muchas gracias!

Wenn die Shorti`s sich eindecken müssten...na dann

golden_times schrieb am 04.01.2012, 19:58 Uhr[/url]"]» zur Grafik

Kostolanys Erbe schrieb am 04.01.2012, 19:13 Uhr[/url]"]Kann jemand bitte das Orderbuch von MGP einstellen? Danke!



» zur Grafik

Cadrach schrieb am 04.01.2012, 10:46 Uhr[/url]"]Gerstern weiter Insiderkäufe

TSX Venture Exchange


Company Name : Mega Precious Metals Inc. Last Updated: January 3, 2012
Date Symbol Insider
Buys
Volume Insider
Sells
Volume Insider
Buys
Value $ Insider
Sells
Value $ Insider
Buys
Transaction Insider
Sells
Transaction Currency
01/03/2012 MGP 48,000 0 23,515.00 0.00 7 0

Kostolanys Erbe schrieb am 03.01.2012, 19:12 Uhr[/url]"] obere Bollinger-Bänder

http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=ca%3Amgp&time=8&startdate=1%2F4%2F1999&enddate=1%2F3%2F2012&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=8&lf=1&lf2=4&lf3=2&type=4&style=380&size=4&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11&x=0&y=0

 

[Kostolanys Erbe]

Mega Provides Review of 2011 Exploration Results and Exploration Update For North Madsen and Headway Projects in Red Lake, Ontario

Thunder Bay, Ontario CANADA, January 09, 2012 /FSC/ - Mega Precious Metals Inc. (MGP - TSX Venture), ("Mega") is pleased to provide a review of 2011 exploration results and ongoing exploration plans for the first half of 2012 on their gold properties in Red Lake Ontario.

In 2011 both of our Red Lake projects saw significant advances in their project evolution. At the North Madsen Project, Mega has completed a comprehensive due diligence study of the historical drill core, surface mapping, compilation of all technical data, diamond drilling, surface channel sampling stripping and detailed grid mapping. At Headway the combined drilling has confirmed the geological model and Hole MH1103 is now advancing toward the target horizon beyond the 2011 year end depth of 2462 metres (m).

North Madsen Project:
Some of the key 2011 North Madsen developments and results include:

* Executed > 12,000 metres of definition and step out drilling representing 52 drill holes
* Updated NI 43-101 compliant resource statement (see figure 1 at end of release):

-***-
-------------------------------------------------------------------------
MEGA September 20, 2011
North Madsen Mineral Resource Estimate
---------------------------------------------------------------------
Classification Tonnes Gold Grade Contained
(grams/tonne) Ounces
Measured 19,638,140 1.27 803,886
Indicated 3,838,000 1.08 133,281
Measured + Indicated
Sub Total 23,476,140 1.24 937,167
Inferred 11,486,000 1.03 379,026
-------------------------------------------------------------------------
-****-


- Update represents a 4,113 % increase of gold in all categories to the previously reported Laverty Dyke indicated resource of 395,000 tonnes grading 2.56 g/tonne and 32,000 tonnes grading 3.32 g/tonne. (click here to view the Laverty Dyke estimate); and
- Sensitivity analysis indicates excellent potential to improve resource grades at lower gold prices and higher cut off grades.

* Outlined 3 additional open pit and high grade mineralized structures that host two different styles of mineralization.

* Identified multiple new targets along the D2 Fault Structure that is believed to directly relate to the emplacement of high grade gold in Red Lake (B. Dube Geological Survey of Canada).

* Engaged a minimum 5,000 m drilling contract with Forthright Drilling Services Inc. Drilling will commence mid January 2012.

For first half of 2012 the North Madsen exploration program will focus on the following (see figure 2):

* Upgrading and extending the Buffalo Extension open pit mineralization.
- Current Buffalo Extension resource estimate includes 152,419 inferred ounces;
- The results to date demonstrate that excellent potential remains to substantially increase the amount of ounces and outline the high grade mineralized systems.

* Step out and Definition drilling of previously released high grade South and Central Mineralized zones. These are located at the junction of the D2 Fault Structure and the main structure controlling mineralization at the Hasaga Mine.
- Some of the historical drilling results were: 18.21 g/t / 3.65 m, 7.43 g/t / 1.0 m and 3.64 g/t / 5.6 m, 1.58 g/t / 6 m and 1.0 g/t / 9.0 m.
- None of South and Central mineralized zone intercepts were included in the
NI 43-101 resource statement.


Headway Project:
Some of the key developments and aspects include:

* MH1103 is currently located at 2474 m and is coring (see figure 3).
- Current rock type is a bleached mafic volcanic that has strong biotite, chlorite, andalusite, epidote, and silica alteration.
* These bleached basalts are strongly leached in CAO, Fe2O3, MGO, MNO and Na2 which represent the same geochemical signature as the rocks found in the Red Lake Mine.

* To date the drilling has confirmed the following:
- The geological model has been proven to a depth of ~2601 m;
- 2 of the holes have encountered the mafic/ultramafic volcanic sequence of the Balmer Assemblage that hosts high grade mineralization, which includes the current hole;
- The current geochemical signature of the mafic volcanic sequence is displaying very similar characteristics to the bleached mafic volcanics found in the Red Lake Mine; and
- The current known geological horizon is known to host the current sulphide and bonanza gold mineralization associated with the Red Lake Mines.

Mr. Rogers commented, "Mega is committed to finding and making mines. Red Lake and the North Madsen area have a rich history of underground mining. Mega's approach to unlock the economic potential of the North Madsen Project is to compile and analyze the drilling and historical mining done throughout the years. I believe that when one steps back and considers the advances in mining technology, large scale equipment and improvements to milling, metallurgy and recovery that the North Madsen property is very comparable to districts where open pit mining is common place. The technical issues at Headway have delayed and overshadowed the project, however, we believe in the potential of a high grade zone(s) in the hanging wall of Goldcorp's Red Lake Gold Mines and our goal is to get to a target depth in 2012. We are excited and look forward to discovering new gold ounces and moving Mega's Red Lake and Monument Bay projects closer to feasibility in 2012."

Glen Kuntz, Chief Operating Officer (COO), is the Qualified Person for the information contained in this press release and is a Qualified Person defined by National Instrument 43-101. Glen was Sr. Resource Geologist at the Campbell Gold Mine and Global Spatial Data Systems Coordinator for Placer Dome, Vice President Enterprise Mining Solutions for Runge Ltd., and most recently, Vice President Global Operations for GMC Global.

Mega Precious Metals Inc. is a well financed Canadian-based mineral exploration company with several projects in Northwestern Ontario, Manitoba and Nunavut. The Company is committed to an accelerated growth strategy and is backed by a team of experienced mining experts and a strong financial position. The Company is poised for rapid expansion through quick response to new opportunities and changes in the market. Mega's common shares trade on the TSX Venture Exchange under the symbol MGP.

Figure 1: Please click on the following link to view the 2011 Block Model and Resource Distribution: http://www.usetdas.com/pr/megaGraphic1.jpg

Figure 2: Please click on the following link to view the 2012 N. Madsen Exploration Program: http://www.usetdas.com/pr/megaGraphic2.jpg

Figure 3: Please click on the following link to view the Plan view 2300 m showing location of MH 1103 in relation to the High Grade target area: http://www.usetdas.com/pr/megaGraphic3.jpg


For further information and presentation material, please review the Mega website at www.megapmi.com


For further information, please contact:
Mega Precious Metals Inc.
Jim Rogers, President and Chief Executive Officer
O: 807-766-3380
TF: 877-592-3380
info@megapmi.com

http://www.usetdas.com/TDAS/NewsArticle.aspx?NewsID=18854

Kostolanys Erbe schrieb am 09.01.2012, 22:07 Uhr[/url]"]Weitere Insiderkäufe letzten Freitag bei MGP:

Company Name : Mega Precious Metals Inc. Last Updated: January 6, 2012
Date Symbol Insider
Buys
Volume Insider
Sells
Volume Insider
Buys
Value $ Insider
Sells
Value $ Insider
Buys
Transaction Insider
Sells
Transaction Currency
01/06/2012 MGP 31,000 0 15,800.00 0.00 8 0 CAD
http://www.tmxmoney.com/HttpController?GetPage=SearchInsiderTrade&Language=en&Submit=Submit&QuerySymbol=mgp

http://stockcharts.com/h-sc/ui

Bei 0,53 CAN$ verläuft die 200-Tage-Linie

» zur Grafik

Kostolanys Erbe schrieb am 06.01.2012, 19:17 Uhr[/url]"]Gestern weitere Insiderkäufe bei MGP:

Company Name : Mega Precious Metals Inc. Last Updated: January 5, 2012
Date Symbol Insider
Buys
Volume Insider
Sells
Volume Insider
Buys
Value $ Insider
Sells
Value $ Insider
Buys
Transaction Insider
Sells
Transaction Currency
01/05/2012 MGP 45,000 0 22,500.00 0.00 11 0 CAD
http://www.tmxmoney.com/HttpController?GetPage=SearchInsiderTrade&Language=en&Submit=Submit&QuerySymbol=mgp

Kostolanys Erbe schrieb am 05.01.2012, 18:16 Uhr[/url]"]Gestern wieder kleiner Insiderkauf:

Company Name : Mega Precious Metals Inc. Last Updated: January 4, 2012
Date Symbol Insider
Buys
Volume Insider
Sells
Volume Insider
Buys
Value $ Insider
Sells
Value $ Insider
Buys
Transaction Insider
Sells
Transaction Currency
01/04/2012 MGP 6,500 0 3,185.00 0.00 3 0 CAD

http://www.tmxmoney.com/HttpController?GetPage=SearchInsiderTrade&Language=en&Submit=Submit&QuerySymbol=mgp

» zur Grafik

Kostolanys Erbe schrieb am 04.01.2012, 20:00 Uhr[/url]"]Muchas gracias!

Wenn die Shorti`s sich eindecken müssten...na dann

golden_times schrieb am 04.01.2012, 19:58 Uhr[/url]"]» zur Grafik

Kostolanys Erbe schrieb am 04.01.2012, 19:13 Uhr[/url]"]Kann jemand bitte das Orderbuch von MGP einstellen? Danke!



» zur Grafik

Cadrach schrieb am 04.01.2012, 10:46 Uhr[/url]"]Gerstern weiter Insiderkäufe

TSX Venture Exchange


Company Name : Mega Precious Metals Inc. Last Updated: January 3, 2012
Date Symbol Insider
Buys
Volume Insider
Sells
Volume Insider
Buys
Value $ Insider
Sells
Value $ Insider
Buys
Transaction Insider
Sells
Transaction Currency
01/03/2012 MGP 48,000 0 23,515.00 0.00 7 0

Kostolanys Erbe schrieb am 03.01.2012, 19:12 Uhr[/url]"] obere Bollinger-Bänder

http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=ca%3Amgp&time=8&startdate=1%2F4%2F1999&enddate=1%2F3%2F2012&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=8&lf=1&lf2=4&lf3=2&type=4&style=380&size=4&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11&x=0&y=0

 

[Ollinho]

McEwen - Gold to hit $2,000 & Accelerate, Silver $150 - $300

With the gold and silver markets still experiencing turbulence, today King World News interviewed legendary company builder, Rob McEwen, former CEO of Goldcorp and current Chairman & CEO of US Gold. When asked if he sees a coming gold explosion, McEwen responded, “Yes, that’s where every market goes (a mania). It just runs and buyer behavior models kick in where you reject the story outright, then you start to accept it and then you go, ‘I have to have it.’ We are looking at a lot of people (entering) this sector. It’s terribly under-owned, under-represented in most portfolios and when people start putting a little bit of gold in their portfolio, you are going to see big changes in the prices of gold stocks.”

Rob McEwen continues:

“I take the stance that there is more money being printed by, not only the Federal Reserve, but all of the governments of the Western world because they are adopting the path of least resistance politically. That is to print money, rather than confronting the debt we have in the system that need to be eradicated.

Whenever you have seen that throughout history, when the government decides to debase the currency, people go to the hard assets, the proven performers, such as gold and silver, as a way of protecting their wealth. And we haven’t seen that yet.

Just a small part of the population is putting money there. But when they do (rush in), you will see a very large run. This is definitely a great entry point (for mining shares), in my mind. We could well be seeing the end of those low prices, (meaning) much higher prices in the future.

And it’s really a mix of your portfolio because most people aren’t going to all in to one area. I may be a little unusual in that I’m taking a tact that I see a place where you’ll want liquidity in the marketplace and so you want gold bullion and you want gold stocks.

But I see the course we’re on is going to lead to inflation and that’s going to lead to big problems for a lot of people....

“So you want to have something that’s going to move with inflation and that will protect you from the ravages of inflation and that’s where I say you go into gold.

I see it (gold) continuing its climb upwards. At the end of ’11 it got hit and I think it was primarily due to profit-taking. People were looking for liquidity and gold had driven some of the biggest gains and it was an easy investment to take your profits in. The question is going to be asked, ‘Where do I put my money? How do I protect my capital?‘ And that’s where gold shines very brightly.

They (gold & silver) are gathering strength. They are building. They are going to take a run, particularly gold is going to take a run at that $2,000 number this year, and then it start’s moving.”

When asked about silver specifically, McEwen stated, “Well, I was just thinking about silver. It does have an industrial component to it, but there is a growing demand. It’s just easier to get into, there’s a lower price point. That’s why I see silver being an exciting area to have exposure. It (silver) could (eventually) be from $150 to $300.”

When asked about people losing faith in the system, McEwen responded, “Absolutely, they are looking at the numbers that are coming out, being issued by governments around the world and they are wondering if they are correct. We have low rates of inflation, but you can see the price of food has gone up, the price of fuel has gone up, energy. They aren’t jiving. People are saying, ‘Someone is not telling me the truth and so I better take matters into my own hands and look out for myself because my government isn’t.’ That’s true throughout the Western world.”