Kann mir nicht vorstellen, das First Quantum nach den Bohrergebnissen weiter Geld bei MUN investiert.
Mundoro optionee finishes drilling of 5,369 m in Serbia
2015-12-07 16:12 ET - News Release
Ms. Teo Dechev reports
MUNDORO ANNOUNCES RESULTS FROM DRILLING PROGRAM ON SERBIAN PROPERTIES
First Quantum Minerals has completed 5,369 metres of drilling on four of the company's 100-per-cent-owned exploration licences: Savinac, Sumrakovac, Bacevica and Osnic (the Southern Timok properties), which are located at the southern end of the Timok magmatic complex (TMC) in northeastern Serbia. Drilling commenced in July, 2015, under the option agreement between Mundoro and FQM. FQM has completed more than the minimum 5,000 metres of drilling required by the Oct. 30, 2015, deadline under the option agreement. FQM can provide written notice to Mundoro by Dec. 15, 2015, should it wish to enter into a joint venture for the Southern Timok properties.
Teo Dechev, chief executive officer and president of Mundoro Capital Inc., highlighted: "This drilling program, which was solely funded by FQM, aimed to test various mineralized systems over an area of over 400 square kilometres. The drilling identified large areas of zoned hydrothermal alteration, intersected new mineralized zones, and added valuable geological, structural and geochemical information. The drilling and geophysics work conducted by FQM has met all of Mundoro's property commitments on the Southern Timok properties until 2016 and has demonstrated merit for further exploration work on these and newly identified targets."
Summary of FQM drill holes
Both diamond core drilling (DD) and reverse circulation drilling (RC) methods were used in this program. RC drilling was used as the faster method, to sample the shallower targets while diamond core tails were used to extend holes in difficult ground conditions. A summary table of the holes drilled on each property is shown in the attached drilling summary table.
FQM DRILLING SUMMARY
Total
number
Number of RC Number DD of DD Total
Project RC holes (m) of holes (m) holes (m)
Sumrakovac 6 609.0 6 1,897.4 12 2,506.4
Savinac 0 -- 4 1,606.8 4 1,606.8
Bacevica 4 755.0 0 -- 4 755.0
Osnic 3 501.0 0 -- 3 501.0
Total 13 1,865.0 10 3,504.2 23 5,369.2
The Sumrakovac licence
The aim of this first-phase drilling was to test for near-surface porphyry-style mineralization associated with the outcropping Skorusa stockwork and K-silicate alteration. A total of 12 drill holes (2,506 metres) were drilled on the Sumrakovac licence to test three targets located within a three-square-kilometre area of hydrothermally altered volcanics.
Skorusa highlights
Current drilling supports that mineralization found in the outcropping Skorusa stockwork extends from intersections in both historical and current drill holes. The company believes the combination of: (i) alteration assemblages (phyllic overprinting potassic), (ii) A- and B-type veining, hydrothermal magnetite veining, and quartz-molybdenite veining, and (iii) stockwork and disseminated chalcopyrite mineralization intersected in STDD002 and STD007 is indicative of proximity to several mineralized porphyry centres.
Drilling also supports the existence of a large porphyry-related alteration system with at least two mineralized centres (Skorusa and Skorusa East). Potential for mineralization at depth remains untested. Alternating weak potassic alteration (found as halos around vein contacts) with propylitic alteration suggests the periphery of a system. Based on this campaign, the company believes that the Sumrakovac licence has strong potential to host large porphyry systems.
Skorusa target
Drill holes STDD002, STDD003 and STDD004, and holes STRC001, STRC002 and STRC003 drilled to test the Skorusa area by targeting the outcropping porphyry mineralization and the concomitant molybdenum anomaly southeast of it.
STDD002 was collared 270 metres southwest of the outcropping stockwork mineralization intending to validate encouraging results from surface sampling and the historical drill hole, as well as to verify the orientation of the mineralized zone.
Several types of quartz sulphide veining, including quartz sulphide stockwork veins, were observed. Veins containing chalcopyrite occur at a consistent but low vein frequency. A zone of well-developed stockwork veining occurs at, and below, the footwall contact between monzo-diorite and andesite units, which returned a composite assay interval of 36 metres of 0.19 per cent copper and 0.21 gram per tonne gold.
Drill results are consistent with outcropping stockwork veining (23 m of 0.17 per cent Cu and 0.72 g/t Au) and historical results. This drilling highlights a 210-metre-long mineralized section requiring follow-up drilling.
Holes STDD003, STDD004, STRC001, STRC002 and STRC003 were designed to test the greater-than-10-part-per-million-molybdenum anomaly that extends over one kilometre to the southeast from the outcropping stockwork in Skorusa Creek.
STDD004 includes several intervals of phyllic after potassic assemblages. Although assays yielded only anomalous Cu and Mo, these initial drill holes support the continuation of the Skorusa porphyry alteration toward the south and the existence of extensive potassic alteration.
Skorusa North target
Two holes were drilled at the Skorusa North target, which is interpreted as the continuation of the Skorusa porphyry system to the north.
STDD007 was collared 750 m northeast of STDD002 in strong phillic-altered andesite volcanics and volcanoclastics down to 41.40 m, followed by an overprinted potassic-altered andesite containing pyrite-chalcopyrite down to 123.5 m, followed by weak potassic alteration characterized by quartz-chalcopyrite veinlets with K-spar halo, biotite and epidote overprinted by sericite-pyrite-chlorite (phyllic) alteration. While visible chalcopyrite is present throughout as both disseminations and veinlets, the tenor of Cu mineralization remains anomalous at up to 0.1 per cent Cu.
STDD008 (121 m) was collared in quartz-sericite-altered andesite down to 25.9 m, followed by propylitic alteration with quartz-pyrite-magnetite veinlets to 79 m, followed by diorite to the end of the hole. At several intervals, it intersected quartz-pyrite-Mo veinlets suggesting close proximity to a mineralized source.
Skorusa East target
The Skorusa East target was tested by RC drill holes STRC004, STRC005 and STRC006 totalling 306 m and one DD drill hole, STRD005, totalling 288.9 m as a diamond tail continuation of RC drill hole STRC005 from 113 m.
All of these holes intersected hydrothermally altered andesite volcanics interpreted to be part of larger footprints of a porphyry system. Trace disseminated chalcopyrite and quartz-chalcopyrite-pyrite B veins were encountered throughout the STRD005 drill hole suggesting the existence of a different mineralized centre to the east.
HIGHLIGHTS OF DRILLING RESULTS FROM SUMRAKOVAC
Drill From To Interval Cu Au CuEq AuEq
hole ID (m) (m) (m) (%) (g/t) (%) (g/t)
STDD002 289 325 36 0.19 0.21 0.35 0.46
Including 313 321 8 0.30 0.43 0.62 0.83
STRD005 259 261 2 0.11 0.11 0.26 0.19
STDD007 124 126 2 0.12 0.03 0.14 0.19
152 154 2 0.11 0.03 0.13 0.18
166 170 4 0.10 0.03 0.12 0.16
The Savinac licence
Savinac North target was tested with three diamond drill holes totalling 1,606.8 m.
Savinac North target
Drilling at Savinac North confirmed large volumes of hydrothermally altered andesite volcanics ranging between argillic, phillic and propylitic assemblages, and validates a zoned hydrothermal system with potential for discovery of epithermal and porphyry-style mineralization.
Several anomalous Au-Ag and Cu-Au intervals intersected throughout the entire length of drill hole STDD001 (see Table 2: highlights of Drilling Results from Savinac), as well as the historical results, clearly suggest it is a mineralized system of high sulphidation affinity.
STDD001 was collared in a Mo anomaly high coincident with a discrete halo of proximal phyllic alteration. The hole intersected a thick phyllic alteration zone in andesites and andesitic breccias. ASD results demonstrate there is no advanced argillic alteration in the hole validating the initial interpretation of a degraded lithocap.
The alteration in STDD001 grades from pervasive intense phyllic, to an intermediate argillic assemblage cut by occasional D-like pyrite veins with discrete bleached haloes. A faulted domain intersected between 160 and 200m includes chalcopyrite-bearing sulfide-rich veins that are consistent with the deeper parts of many porphyry systems.
STDD005 and STDD006 intersected strongly argillic altered andesite and tuff breccia at upper levels transitioning to propylitic alteration at depth and containing consistent 2-3 per cent amounts of pyrite throughout. -- Further work is warranted to explore within the large footprint marked by several lithocaps.
Markov Kamen North target
Markov Kamen was tested with one drill hole, STDD009 (476.5m), which was collared in strongly phyllic-argillic altered andesite volcanics.
This target was highlighted by strong molybdenum (+Au-Ag-As-Sb) soil anomalism. Hydrothermal breccia with a sulphide matrix (pyrite + black sulphides) and rounded silicified and/or phyllic-argillic altered clasts is pervasive throughout the entire length of hole.
Late polymetallic quartz-galena-sphalerite veins were intersected at 91.2m and 132.3m. A zone of silicification, vuggy silica with massive to semi-massive sulphides (mainly pyrite), and hydrothermal breccia layers with a sulphide matrix extends from 208.10m to the EOH. -- Visible copper mineralization was intersected as trace chalcopyrite from 441.5m to approx. 459.60m (18.1m). Due to technical problems the drill hole terminated at 476.5m depth while still in sulphide bearing breccia.
Significant hydrothermal breccia, massive sulphides and vuggy silica intersected in STDD009 confirms a high sulphidation style epithermal system of intermediate level controlled by a NW structure dipping to the SW. Current results (see Table 2: highlights of Drilling Results from Savinac) are encouraging and show anomalous grades and mineralized intervals at depth.
One massive sulphide and vuggy silica interval returned 25m @ 0.54 g/t Au including single 2m interval assaying up to 2 g/t Au and 0.45 per cent Cu.
Tilva Rosh target
Drilling in 2014 at the Tilva Rosh target (3.2km North of STDD009) intersected significant Au-Cu mineralization related to the same structural trend (see press release from 19 August, 2014). The NW structural trend is highlighted by: (i) soil anomalism, (ii) argillic to advanced argillic alteration and (iii) a magnetic low anomaly trending for 8.5 km.
Table 2: highlights of Drilling Results from Savinac
Drill Cu
Hole ID From To Interval (%) Au Ag CuEq AuEq
(m) (m) (m) (g/t) (g/t) (%) (g/t)
STDD001 60.3 66 5.7 0.14 0.68 - 0.15
86 100 14 0.26 4.20 - 0.33
98 100 2 0.21 0.29 9.68 0.55 0.73
176 178 2 0.22 0.5 7.12 0.69 0.91
214 216 2 0.25 0.18 2.22 0.42 0.55
580 582 2 0.23 - - 0.23
STDD006 44 46 2 0.62 0.48 0.63
134 136 2 0.2 3.0 0.25
160 162 2 1.1 1.1 1.12
STDD009 90 104 14 - 0.36 2.5 - 0.40
128 136 8 - 0.13 9.4 - 0.29
188 192 4 - 0.21 12.2 - 0.41
274 276 2 0.29 0.15 1.58 0.43 0.57
320 345 25 - 0.54 3.65 - 0.60
Including 324.5 327 2.5 0.45 0.29 14.45 0.85 1.13
Including 333 341 8 - 1.04 3.78 - 1.10
The Bacevica and Osnic licences:
Four RC holes have been drilled at Bacevica totaling 755m and three in Osnic totaling 501m. Although no reportable assayed intervals were received the information collected will add to the overall interpretation of the South Timok properties as well as to the ongoing exploration at both of these licences.
Sampling, Analysis and Qualified Person
Drillhole orientations were surveyed at approximately 50 meters intervals. Drill core was collected from drill sites by the FQM geologists and processed and sampled at the company's core shed according to industry best practice standard procedures. Samples were collected as 1/4 PQ or HQ core at two meters length intervals. Oriented core with high confidence was marked with solid red line and regular measurements collected.
RC drill samples were collected at 1.0m sample intervals. Approximately 30.0 kg of material (dust and rock chips) is collected in a cyclone from 1m interval. The sample is run through splitter where 1/8 (approx. 3.0-4.0kg) of material is collected as a representative of 1.0m sample interval which is sent to the lab. For logging and future additional analyses, rock chips from each meter are collected and stored in rock chip trays.
All samples are assayed using 30 gram fire assay with atomic absorption finish and ME-MS61 by ALS Romania. The entire sample was crushed to 2mm, then split off a 1 kg sample and pulverized the split to better than 85 per cent passing 75 microns. Quality Assurance and Quality Control procedures include the systematic insertion of standards and duplicates into the sample streams. Duplicate core samples are taken every 20 samples standards are inserted after every 33 samples and blanks after every 20th sample. All data collected from detailed logging and assay results from the laboratories are routinely verified and entered in an Access data base.
Technical information contained in this Press Release has been reviewed and approved by Mr. G. Magaranov, P. Geo., Qualified Person as defined by National Instrument 43-101.
http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aMUN-2332772&symbol=MUN®ion=C
[url=http://peketec.de/trading/viewtopic.php?p=1630009#1630009 schrieb:
Fischlaender schrieb am 06.10.2015, 17:20 Uhr[/url]"]MK bei 8 Cent sind mal gerade Haelfte vom Cash Ende Q1 und MUN macht selber nix dieses Jahr.
Im Gegenteil, First Quantum hat im Juli ein 5.000m Bohrprogramm auf 4 der MUN Lizenzen begonnen, das bis 31.10. abgeschlossen sein soll. Anschliessend hat FQM bis 31.12. Zeit sich zu entscheiden, ob sie ein JV eingehen wollen. Ist also teils eine Drill- und auch eine Cashspekulation.
Ideal waer ja sowas wie bei Reservoir Minerals und Freeport nebenan...
http://www.mundoro.com/mundoro-announces-drilling-commences-serbian-properties
[url=http://peketec.de/trading/viewtopic.php?p=1630006#1630006 schrieb:
PerseusLtd schrieb am 06.10.2015, 18:13 Uhr[/url]"]Gutes Cash-Polster bei
MUN , gefällt mir
[url=http://peketec.de/trading/viewtopic.php?p=1630004#1630004 schrieb:
Fischlaender schrieb am 06.10.2015, 18:04 Uhr[/url]"]V erste Stuecke
TMM mit +33%
K groessere Position
MUN Schnitt 0,078
[url=http://peketec.de/trading/viewtopic.php?p=1625417#1625417 schrieb:
Fischlaender schrieb am 21.09.2015, 21:41 Uhr[/url]"]
[url=http://peketec.de/trading/viewtopic.php?p=1625416#1625416 schrieb:
Kostolanys Erbe schrieb am 21.09.2015, 21:39 Uhr[/url]"]
» zur Grafik
[url=http://peketec.de/trading/viewtopic.php?p=1624840#1624840 schrieb:
Fischlaender schrieb am 19.09.2015, 14:26 Uhr[/url]"]Ja der Wahn, was ein Timing. Die werden ab Montag abgehen wie Sau!
[url=http://peketec.de/trading/viewtopic.php?p=1624827#1624827 schrieb:
600 schrieb am 19.09.2015, 09:13 Uhr[/url]"]
[url=http://peketec.de/trading/viewtopic.php?p=1624813#1624813 schrieb:
Fischlaender schrieb am 18.09.2015, 22:59 Uhr[/url]"]Van Eyck mit 18mio Stücken musste seine Indexfonds Position liquidieren, da TMM aus dem Index gekickt wurde: http://seekingalpha.com/article/3513676-index-rebalancing-creates-an-opportunity-in-timmins-gold?auth_param=10chcp:1avinjg:88a29d6f8c4ccfd7945ac39b5f25a253&uprof=45&dr=1
Damit ist der Dump (hoffentlich) durch. Das erstaunliche ist ja, dass die mit dem Volumen nicht stärker runterrutschten. Ich tippe, dass da noch jede Menge short sind und ab Montag ein wenig Spaß aufkommen könnte. Ende nächster Woche 0,4 mein Ziel!
[url=http://peketec.de/trading/viewtopic.php?p=1624812#1624812 schrieb:
600 schrieb am 18.09.2015, 22:14 Uhr[/url]"]
[url=http://peketec.de/trading/viewtopic.php?p=1624455#1624455 schrieb:
Fischlaender schrieb am 17.09.2015, 22:02 Uhr[/url]"]Nachtrag: Größerer Nachkauf heute früh zu 0,28 CAD
Wenn Seeking Alpha recht hat, dann geht es morgen aber nochmal gehörig runter...
[url=http://peketec.de/trading/viewtopic.php?p=1622810#1622810 schrieb:
Fischlaender schrieb am 11.09.2015, 16:22 Uhr[/url]"]TMM long 0,31
Was für ein Volumen heute zum Schluß! :shock:
Sell-off?
Mal was long zu 0,29
Timmins Gold Acquires Process Plant and Infrastructure for Ana Paula Project and Announces C$6 million Investment by Goldcorp
T.TMM | 6 hours ago
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 18, 2015) - Timmins Gold Corp. (TSX:TMM)(NYSE MKT:TGD) ("Timmins Gold" or the "Company") is pleased to announce that it has entered into an agreement with a Mexican subsidiary of Goldcorp Inc. ("Goldcorp") to acquire the complete process plant and select auxiliary equipment ("Plant") used in the operation of Goldcorp's El Sauzal Mine in Chihuahua, Mexico ("the Plant Acquisition"). The El Sauzal Mine was operational until December 2014 when it began its closure.
...
Read more at http://www.stockhouse.com/news/press-releases/2015/09/18/timmins-gold-acquires-process-plant-and-infrastructure-for-ana-paula-project#Km6Q5cvzzPLdcbmX.99