Kostolanys Erbe schrieb am 25.02.2013, 21:54 Uhr[/url]"]
Mega Precious drills 94 m of 0.05% WO3 at Monument Bay
2013-02-25 10:24 ET - News Release
Mr. Glen Kuntz reports
MEGA PRECIOUS METALS REPORTS CONSISTENT TUNGSTEN CREDITS SIGNIFICANTLY INCREASING GOLD-EQUIVALENT ASSAY VALUES AT ITS MONUMENT BAY GOLD CAMP
Mega Precious Metals Inc. has released further tungsten results from its 2013 exploration and drill program at its Monument Bay gold deposit, in northeast Manitoba.
Mega's geological framework has verified that all 17 drill holes have continued to intersect broad intervals of significant gold and tungsten concentrations in the form of a mineral called scheelite. The current program has increased the overall gold-equivalent grade by an average of 32 per cent with smaller intercepts increasing up to 198 per cent. Collectively, these tungsten results continue to demonstrate the potential for an economic byproduct credit due to the consistent nature of the gold/tungsten association throughout the Twin Lakes deposit.
Highlights:
TL 12-484 intersected 94.0 metres at 1.50 grams per tonne gold-equivalent:
Previous reported intercept was 94.0 metres at one g/t gold;
40-per-cent increase in gold-equivalent grade;
TL 11-368 intersected 30.0 metres at 0.94 g/t gold-equivalent:
Previous reported intercept was 30.0 metres at 0.69 g/t gold;
31-per-cent increase in gold-equivalent grade;
TL 11-388 intersected 33.1 metres at 0.86 g/t gold-equivalent:
Previous reported intercept was 33.1 metres at 0.57 g/t gold;
40-per-cent increase in gold-equivalent grade;
TL 11-390 intersected 41.0 metres at 2.75 g/t gold-equivalent:
Previous reported intercept was 41.0 metres at 2.26 g/t gold;
20-per-cent increase in gold-equivalent grade;
TL 11-393 intersected 5.3 metres at 2.61 g/t gold-equivalent:
Previous reported intercept was 5.3 metres at 1.99 g/t gold;
27-per-cent increase in gold-equivalent grade;
TL 11-437 intersected 12.0 metres at 0.99 g/t gold-equivalent:
Previous reported intercept was 12.0 metres at 0.36 g/t gold;
95-per-cent increase in gold-equivalent grade.
A summary of the 2013 tungsten (WO3) assay results is in the table, with previously released gold grades.
MONUMENT BAY DRILL RESULTS
Hole From To Intercept Au WO3 AuEq
(m) (m) (m) (g/t) (%) (g/t)
TL11-368 350.0 380.0 30.0 0.69 0.03 0.94
TL-11-371 460.0 475.0 15.0 0.55 0.01 0.69
500.0 503.4 3.4 1.31 0.02 1.52
TL-11-373 490.0 520.0 30.0 1.06 0.03 1.33
511.0 513.0 2.0 5.18 0.18 6.93
TL 11-375 391.3 414.9 23.6 0.48 0.02 0.70
TL 11-376 257.0 294.0 37.0 1.03 0.01 1.11
TL 11-378 280.0 299.8 19.8 0.2 0.02 0.41
includes 298.8 299.8 1.0 0.01 0.22 2.19
TL 11-380 420.2 444.0 23.8 0.68 0.01 0.76
includes 420.2 427.2 7.0 1.76 0.01 1.91
496.5 509.0 12.5 1.93 0.04 2.37
includes 497.5 498.8 1.3 7.05 0.33 10.28
TL 11-382 410.0 483.0 73.0 0.64 0.01 0.75
TL 11-383 495.0 505.0 10.0 0.26 0.02 0.44
543.0 570.7 27.7 0.94 0.02 1.11
TL 11-385 566.7 570.0 3.3 1.87 0.03 2.13
TL 11-388 427.3 460.4 33.1 0.57 0.03 0.86
TL 11-390 72.0 113.0 41.0 2.26 0.05 2.75
includes 101.0 106.0 5.0 2.54 0.23 4.83
TL 11-393 356.0 361.3 5.3 1.99 0.07 2.61
TL 11-437 58.0 70.0 12.0 0.36 0.06 0.99
includes 58.0 59.0 1.0 0.35 0.62 6.53
97.4 100.0 2.6 1.38 0.02 1.62
123 138.0 15.0 0.35 0.01 0.43
TL 11-441 51.0 56.0 5.0 0.80 0.01 0.89
61.0 71.0 10.0 0.30 0.02 0.54
TL 12-475 99.0 163.0 64.0 1.59 0.03 1.89
TL 12-484 190.0 284.0 94.0 1.00 0.05 1.50
includes 271.0 272.0 1.0 1.95 2.01 21.99
Gold-equivalent grade is calculated by multiplying the three-year average
tungsten price of $50,300/tonne by the WO3 percentage then dividing by the
gold spot price $50.64/gram ($1,575/ounce) then adding the gold grade.
Mega's president and interim chief executive officer, Glen Kuntz, commented: "The Monument Bay gold deposits are unique assets in terms of size and polymetallic nature. Recent drilling has indicated elevated, potentially recoverable tungsten values along with the gold mineralization. This discovery has exceeded our expectations by enriching the gold-equivalent grades overall by an average of 30 per cent.
"Exploration to date has demonstrated a strong correlation between gold and tungsten. The upcoming 2013 drill program will continue to test the large-scale potential of the 120-kilometre gold/tungsten system, and potentially provide strong growth in gold and gold-equivalent resources at our Monument Bay gold camp.
"These high-grade gold/tungsten results are a game changer for Mega; they have the potential to deliver a significant cost advantage after byproduct credit and clearly underscore the potential of our Monument Bay project."
To determine the association between gold and tungsten, Mega has completed the following work over the past 18 months:
Thin-section analysis has confirmed tungsten is associated with gold mineralization and not in separate discrete veins.
Thin-section analysis has confirmed the tungsten is in its purest end-state (scheelite).
Occurring in its purest form, scheelite is of high density and can be enriched with standard gravitational methods, and is amenable to flotation circuits.
As such, Mega will be conducting metallurgical testing of tungsten in 2013 to determine the recoverability of the tungsten component.
As a point of reference, a grade of 0.10 per cent tungsten equates to one kilogram of Tungsten per tonne. The current average January spot price of tungsten is $50.30/kg. Current tungsten-only mines have resource grades between 0.06 per cent and 1.1 per cent tungsten, with the average being approximately 0.49 per cent tungsten.
Mega is currently completing both an infill and step-out drill program, and started the second phase of its gold/tungsten old core assay program (OCAP) program. These programs are focused on expanding the stockwork-style high-grade gold mineralization of the existing Twin Lakes deposit, the new Mid-East and AZ satellite deposits, and testing the newly found regional exploration gold targets such as the Connector and Gold Pond zones. All of these mineralized zones occur within seven km of the existing Twin Lakes gold deposit.
In addition, Mega has commenced an update of its National Instrument 43-101 resource estimate for the Twin Lakes deposit and area within the Monument Bay gold camp. During 2012, work completed included 40 new drill holes (greater than 12,500 metres) over 30 OCAP holes (greater than 11,568 m), and multiple kilometres of surface mapping and sampling which will be included in the updated resource estimate.
Additional gold and tungsten results are pending from both the current 2013 drill program and the continuing OCAP that is expected to add more resource ounces to the project. The company expects these programs to be complete by the end of April, 2013.
Testing shallow targets -- more near-term potential for success
Mega will also test targets beyond the existing resource boundary to establish potential for future resource growth by outlining multiple gold targets along the 120 km of prospective mineralized corridors.
The current project is easily accessible by air and the Manitoba government continues to initiate the development of infrastructure in the region, including upgradable power lines, low electricity rates (20 cents to 40 cents/kilowatt-hour) and the construction of all-season roads within the region in the next five years.
Technical information
The design of Mega's drilling programs, quality assurance/quality control and interpretation of results are under the control of Mega's geological staff, including qualified persons employing a QA/QC program consistent with National Instrument 43-101 and industry best practices. A detailed review of Mega's QA/QC procedures is filed in the NI 43-101 report dated March 19, 2012, available on SEDAR.
All drill core is transported by company personnel from drill site to camp for logging, where sampling preparation is completed. Sampling intervals are defined after core logging and determination of scheelite content by examination under short-wave ultraviolet light. One-half of the core is sent for analysis, while the other half is retained in the core boxes for future reference. All samples are shipped to Accurassay Laboratories in Thunder Bay, Ont., and analyzed employing the appropriate gold fire assaying technique. For QA/QC purposes, the company as well as the lab submit standards and blanks every 20 samples. Samples are analyzed for W by XRF and assay results for tungsten are reported by the laboratory as W per cent. WO3 values are calculated using a conversion factor of 1.2611.
Glen Kuntz, president and interim chief executive officer, is the qualified person for the information contained in this press release and is a qualified person defined by National Instrument 43-101. Mr. Kuntz was senior resource geologist at the Campbell gold mine, global spatial data systems co-ordinator for Placer Dome, vice-president of enterprise mining solutions for Runge Ltd. and most recently chief operating officer with Mega Precious Metals.
http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aMGP-2042640&symbol=MGP®ion=C
[url=http://peketec.de/trading/viewtopic.php?p=1353754#1353754 schrieb:
Kostolanys Erbe schrieb am 19.02.2013, 22:04 Uhr[/url]"]
Heute weiterer Zukauf MGP von 10k zu 0,225CAN$
1) Hier kauft jemand nicht ohne Interesse grössere Positionen auf!
2) GDXJ überverkauft...antizyklisch handeln...ob es richtig war...
Wir werden sehen....
» zur Grafik
[url=http://peketec.de/trading/viewtopic.php?p=1353717#1353717 schrieb:
Kostolanys Erbe schrieb am 19.02.2013, 20:35 Uhr[/url]"]
Recent Trades - Last 10 of 19
Time ET Ex Price Change Volume Buyer Seller Markers
13:55:30 V 0.22 -0.01 10,000 79 CIBC 1 Anonymous K
13:55:30 V 0.22 -0.01 30,000 79 CIBC 1 Anonymous K
13:55:30 V 0.22 -0.01 104,000 143 Pershing 1 Anonymous K
13:05:18 V 0.22 -0.01 4,000 143 Pershing 1 Anonymous K
11:24:26 V 0.22 -0.01 4,000 143 Pershing 79 CIBC K
11:24:26 V 0.22 -0.01 56,000 143 Pershing 7 TD Sec K
11:24:26 V 0.22 -0.01 5,000 80 National Bank 7 TD Sec K
11:24:26 V 0.22 -0.01 6,500 2 RBC 7 TD Sec K
11:24:26 V 0.22 -0.01 28,000 9 BMO Nesbitt 7 TD Sec K
11:24:26 V 0.22 -0.01 10,000 7 TD Sec 7 TD Sec K
http://www.stockwatch.com/Quote/Detail.aspx?symbol=MGP®ion=C
[url=http://peketec.de/trading/viewtopic.php?p=1352772#1352772 schrieb:
Kostolanys Erbe schrieb am 15.02.2013, 20:12 Uhr[/url]"]
MGP gefällt mir von Tag zu Tag besser...
=> gestern wieder grosses Volumen (über 2 Mio. shares gehandelt) und im Plus
geschlossen
=> anscheinend wandern die Aktien von schwachen Händen in starke Hände
(aus meiner Sicht wird hier billig eingesammelt)
=> aktuell kann sich die Aktie vom schwachen Marktumfeld abkoppeln
=> offenes Gap bei 0,68 CAN$
http://www.megapmi.com/assets/files/Media/2013-Feb-7_Materials_World_Ancient_Terranes.pdf
http://www.megapmi.com/assets/files/corporate_presentations/2013/February_2013.pdf
» zur Grafik
» zur Grafik
[url=http://peketec.de/trading/viewtopic.php?p=1350815#1350815 schrieb:
Kostolanys Erbe schrieb am 11.02.2013, 21:10 Uhr[/url]"]
Wieder sehr auffällig....
Recent Trades - Last 10 of 23
Time ET Ex Price Change Volume Buyer Seller Markers
13:47:13 V 0.23 0.01
154,500 143 Pershing 19 Desjardins K
13:46:18 V 0.235 0.015 175 2 RBC 36 Latimer E
13:46:18 V 0.235 0.015 1,000 2 RBC 81 HSBC K
13:45:59 V 0.23 0.01
10,000 143 Pershing 1 Anonymous K
13:44:53 V 0.23 0.01
9,000 143 Pershing 1 Anonymous K
13:44:53 V 0.22
481,500 143 Pershing 19 Desjardins K
13:44:53 V 0.23 0.01
1,000 143 Pershing 1 Anonymous KW
13:44:53 V 0.22
55,500 143 Pershing 19 Desjardins KW
13:33:56 V 0.22 10,000 22 Fidelity 19 Desjardins K
13:32:05 V 0.22 4,000 80 National Bank 19 Desjardins K
http://www.stockwatch.com/Quote/Detail.aspx?symbol=MGP®ion=C
[url=http://peketec.de/trading/viewtopic.php?p=1349791#1349791 schrieb:
Kostolanys Erbe schrieb am 07.02.2013, 22:43 Uhr[/url]"]Heute wieder sehr auffällig wer auf der Käuferseite ist...
Irgendetwas läuft da doch im Hintergrund, sagt mein Bauch nach dem
leckeren....
» zur Grafik
Recent Trades - Last 10 of 31
Time ET Ex Price Change Volume Buyer Seller Markers
15:53:53 V 0.22 0.01 100 57 Interactive 36 Latimer E
14:52:59 V 0.22 0.01 4,000 13 Instinet 7 TD Sec K
14:52:47 V 0.215 0.005 1,000 1 Anonymous 9 BMO Nesbitt K
13:19:35 V 0.22 0.01 4,000 7 TD Sec 19 Desjardins K
13:09:08 V 0.22 0.01 2,000 7 TD Sec 19 Desjardins K
12:39:39 V 0.22 0.01 10,000 143 Pershing 28 BBS K
12:39:39 V 0.22 0.01 10,000 143 Pershing 64 Octagon K
12:39:39 V 0.22 0.01 323,500 143 Pershing 19 Desjardins K
12:39:39 V 0.22 0.01 2,500 143 Pershing 1 Anonymous K
11:34:18 V 0.215 0.005 5,000 143 Pershing 64 Octagon K
11:33:26 V 0.215 0.005 8,000 143 Pershing 2 RBC K
11:28:50 V 0.215 0.005 10,000 143 Pershing 28 BBS KW
11:28:06 V 0.215 0.005 25,000 143 Pershing 64 Octagon K
11:24:05 V 0.215 0.005 6,000 143 Pershing 7 TD Sec
ET Ex Price Change Volume Buyer Seller Markers
09:58:53 V 0.215 0.005 25,000 143 Pershing 64 Octagon K
09:58:10 V 0.215 0.005 25,000 143 Pershing 81 HSBC K
09:54:58 V 0.22 0.01 37,000 143 Pershing 19 Desjardins K
09:54:24 V 0.22 0.01 21,500 143 Pershing 19 Desjardins K
09:54:24 V 0.22 0.01 10,000 28 BBS 19 Desjardins K
09:54:24 V 0.22 0.01 30,000 143 Pershing 19 Desjardins K
09:50:11 V 0.22 0.01 10,000 143 Pershing 1 Anonymous K
09:40:38 V 0.225 0.015 10,000 28 BBS 79 CIBC KW
09:39:39 V 0.22 0.01 100,000 143 Pershing 7 TD Sec K
09:32:38 V 0.22 0.01 1,000 143 Pershing 19 Desjardins KW
[url=http://peketec.de/trading/viewtopic.php?p=1349323#1349323 schrieb:
Kostolanys Erbe schrieb am 06.02.2013, 21:57 Uhr[/url]"]
Mega Precious Metals has Identified Potential New Mineralization at Its Monument Bay Gold Camp and Recommences Drilling
Thunder Bay, Ontario CANADA, February 06, 2013 /FSC/ - Mega Precious Metals Inc. (MGP - TSX Venture), ("Mega") is pleased to announce that the company has commenced its 2013 exploration & drill program and
discovered high grade concentrations of Tungsten at its high grade multimillion (see resource table below) ounce gold deposit at the Monument Bay Gold Camp, in Manitoba.
In mid-2012, Mega's geological team, in conjunction with the University of Manitoba, determined that the gold mineralized zones have highly elevated concentrations of tungsten in the form of a mineral called Scheelite. The Gold/Scheelite association was determined using a UV light and has outlined the mineralized zones to be broad and continuous. These Scheelite veins occur within the current gold mineralized footprint at Monument Bay and could become a significant economic by-product (http://www.megapmi.com/assets/files/monument_bay/Ryus_St._Pierre_-_Mines_and_Minerals_Presentation.pdf). Mega's geological team has been reviewing in excess of 130,000 m of drill core to continue to outline these mineralized structures.
Mega is pleased to announce its first preliminary analytical Tungsten assay results for core previously assays in 2011 only for Au mineralization has shown the potential for an economic by-product credit. The initial results have indicated Tungsten values in excess of 2.01% over 1m with a broad lower grade halo. A grade of 2.01% Tungsten equates to 20.1 kg of Tungsten per tonne. The current average January spot price of tungsten is $52.90/kg. As a point of reference, current Tungsten only mines have resource grades between 0.09 and 1.1% Tungsten with the average being ~0.49% Tungsten http://www.itia.info/minerals-deposits.html. There are currently over 17 holes with over 600 Tungsten assays pending for the initial program.
A summary of the 2013 Tungsten assaying results are listed below with previously released gold grades. .........
http://www.usetdas.com/TDAS/NewsArticle.aspx?NewsID=21072
[url=http://peketec.de/trading/viewtopic.php?p=1348879#1348879 schrieb:
Kostolanys Erbe schrieb am 05.02.2013, 21:02 Uhr[/url]"]Wohl zu früh gebunkert...
Die 0,20-0,19 CAN$ Tiefs müssen halten, ansonsten drohen weitere Verluste...
» zur Grafik
[url=http://peketec.de/trading/viewtopic.php?p=1348374#1348374 schrieb:
Kostolanys Erbe schrieb am 04.02.2013, 21:24 Uhr[/url]"]
[url=http://peketec.de/trading/viewtopic.php?p=1348372#1348372 schrieb:
Kostolanys Erbe schrieb am 04.02.2013, 21:17 Uhr[/url]"]
Mega Precious heute 20k zu 0,215 CAN$ ins Depot geflattert!
Volumen!!!
Hier mal die Käufe bei Eröffnung:
Time ET Ex Price Change Volume Buyer Seller Markers
09:46:52 V 0.21 0.005 100,000 143 Pershing 20 Stonecap K
09:46:47 V 0.21 0.005 100,000 143 Pershing 20 Stonecap K
09:46:07 V 0.21 0.005 170,000 143 Pershing 1 Anonymous K
09:45:45 V 0.21 0.005 105,000 143 Pershing 1 Anonymous K
09:45:25 V 0.21 0.005 100,000 62 Haywood 1 Anonymous K
09:45:25 V 0.21 0.005 100,000 143 Pershing 1 Anonymous K
09:33:16 V 0.215 0.01 91,500 143 Pershing 20 Stonecap K
09:30:00 V 0.215 0.01 31,500 143 Pershing 7 TD Sec K
09:30:00 V 0.215 0.01 25,000 143 Pershing 79 CIBC K
09:30:00 V 0.215 0.01 2,000 143 Pershing 1 Anonymous KL
und aktuell:
Recent Trades - Last 10 of 32
Time ET Ex Price Change Volume Buyer Seller Markers
13:59:48 V 0.21 0.005 11,000 79 CIBC 20 Stonecap K
13:59:48 V 0.21 0.005 4,000 79 CIBC 1 Anonymous K
12:53:33 V 0.21 0.005 30,000 7 TD Sec 1 Anonymous K
12:02:37 V 0.21 0.005 250,000 143 Pershing 1 Anonymous K
12:02:17 V 0.21 0.005 100,000 143 Pershing 1 Anonymous K
11:23:51 V 0.215 0.01 500 1 Anonymous 20 Stonecap K
11:13:30 V 0.21 0.005 7,000 143 Pershing 20 Stonecap K
10:55:41 V 0.215 0.01 154 79 CIBC 36 Latimer E
10:55:41 V 0.215 0.01 1,000 79 CIBC 20 Stonecap K
10:51:40 V 0.21 0.005 1,000 143 Pershing 7 TD Sec K
Ein GAP noch bei 0,68 CAN$ offen
» zur Grafik
Aktuelle Präsentation:
http://www.megapmi.com/assets/files/corporate_presentations/January_2013.pdf
Recent Trades - Last 10 of 36
Time ET Ex Price Change Volume Buyer Seller Markers
14:55:33 V 0.215 0.01 80,000 143 Pershing 7 TD Sec K
14:54:08 V 0.21 0.005 110,500 143 Pershing 20 Stonecap K
14:54:08 V 0.21 0.005 93,000 143 Pershing 20 Stonecap KW