Rohstoffthread (Archiv)

[dukezero]

heute so gedacht, man der Dukezero iss im Moment nich ganz so bei uns........und plopp, da issa! :D

wie siehste meine Chartansichten zu MLM,DNT und OSK? so als Profi...........kratz,schleim,bettel

MLM sieht sehr gut aus,Osisko im Abwärtstrend,der sich ja bei News schnell ändern kann.

 

[greenhorn]

Herzlichen Dank! - und DNT ? für mich eindeutig Ausbruch möchlich...........

heute so gedacht, man der Dukezero iss im Moment nich ganz so bei uns........und plopp, da issa! :D

wie siehste meine Chartansichten zu MLM,DNT und OSK? so als Profi...........kratz,schleim,bettel

MLM sieht sehr gut aus,Osisko im Abwärtstrend,der sich ja bei News schnell ändern kann.

 

[dukezero]

 

[greenhorn]

Apr 15, 2008 08:00 ET
Detour Gold Enters Into Agreement with Goldcorp to Exercise its Option for the 100% Interest in the Detour Lake Mine Property
VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 15, 2008) - Detour Gold Corporation (TSX:DGC) ("Detour Gold" or the "Company") is pleased to announce that it has entered into an agreement (the "Purchase Agreement") with Goldcorp Canada Ltd. ("Goldcorp") pursuant to which the Company will exercise its option (the "Option") and will acquire ownership of the Detour Lake mine property (the "Mine Option Property") from Goldcorp (the "Transaction"). Following the completion of the Transaction, Detour Gold will be the sole owner of the Mine Option Property, including all the surface rights.

The Detour Lake gold deposit, currently the focus of Detour Gold's exploration activities and feasibility study, is located on the Mine Option Property.

Pursuant to the terms of the Purchase Agreement, the Company will assume all of Goldcorp's liabilities and obligations relating to the Mine Option Property and certain other exploration properties in the Detour Lake and Massicotte areas of Ontario and Quebec. Upon the exercise of the Option and the closing of the Transaction, as per the terms of the Option and Access Agreement dated December 10, 1998, Detour Gold will grant Goldcorp a 1% royalty on the net smelter returns derived from the Mine Property (the "Mine Property NSR"). The Company will have the right to purchase the Mine Property NSR from Goldcorp at any time by paying Goldcorp the sum of $1,000,000.

The exercise of the Option and the closing of the Transaction is subject to Detour Gold and Goldcorp obtaining all necessary third party approvals and consents, the filing of an amended mine closure plan for the Mine Option Property, and other customary conditions. The amended mine closure plan is expected to be filed with the Ministry of Northern Development and Mines of Ontario in the second quarter of 2008. The Transaction is expected to close in the third quarter of 2008.

 

[greenhorn]

Apr 15, 2008 08:30 ET
Tenajon Announces 2008 Drill Program Underway at Moly Brook Molybdenum Property, Newfoundland
Program to Delineate and Expand Existing Deposit
VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 15, 2008) - Tenajon Resources Corp. (TSX VENTURE:TJS) (the "Company") is pleased to announce that the 2008 exploration program has commenced at the Company's 100% owned Moly Brook Molybdenum Property located in Newfoundland, Canada. A 6,100 metre dill program will follow up on the exploration successes of 2007, which demonstrated that the Moly Brook Property has excellent potential to host a bulk tonnage, high grade and open pittable molybdenum deposit. The objectives of the 2008 program are to test and expand the area of known mineralization along strike and down dip of the Moly Brook Zone. In addition, drill targets located on trend to the south of the main mineralized zone will be tested. It is anticipated that a Stage 2 follow up drill program will take place in the Summer of 2008. The follow up program will complete additional definition drilling on the zone as well as focus on other high priority exploration targets.

The Moly Brook property is located 2.5 km from the hamlet of Grey River on the south coast of Newfoundland, less than 4 km from a deep water, ice free navigable fjord. The community is serviced daily by provincial ferries. For the duration of the program the crew will operate out of a recently established 25 person camp centrally located on the property. Drill moves will be completed using tracked equipment.

Tenajon acquired the Moly Brook property in April 2007 and, in November of last year, completed a very successful 12 hole drill program totaling 3,633 metres in length. 2007 drilling encountered consistent, near surface, higher grade molybdenum intercepts over significant widths. The program extended the Moly Brook Zone to the north of the Moly Brook fault, as well as to the south of historical drilling carried out by Royal Oak Mines Inc. in the mid 1990's. Significant historical drill results on trend, approximately 2 km to the south of the Moly Brook Zone, further highlight the size potential of this deposit.

At Moly Brook molybdenite occurs primarily along the rims of a series of north trending, subvertical, sheeted quartz veins and fracture faces along a 2 km long trend. At the north end of the trend, drilling has traced the main zone for 750 metres along strike with the zone being open along strike and dip. Drilling has also shown that the Moly Brook deposit is variable in width with section 108+50N of the deposit having a minimum width of 370 metres and remaining open as several of the drill holes ended in significant mineralization. Some of the significant intersections from the 2007 drill program are listed below, while complete results are attached.




--------------------------------------------------------------- Length From To Interval Mo MoS2Hole (metres) (metres) (metres) (metres) (%) (%)------------------------------------------------------------------------------------------------------------------------------MB 07-2 391.97 18.89 391.97 373.08 0.066 0.110--------------------------------------------------------------- Inc. 18.89 40.23 21.34 0.134 0.223--------------------------------------------------------------- and 226.16 335.89 109.79 0.097 0.162------------------------------------------------------------------------------------------------------------------------------MB 07-3 315.16 107.9 315.16 207.26 0.084 0.140--------------------------------------------------------------- Inc. 132.28 244.15 111.87 0.108 0.180--------------------------------------------------------------- or 150.57 217.63 67.06 0.138 0.230------------------------------------------------------------------------------------------------------------------------------MB 07-4 392.35 14.02 392.35 378.33 0.078 0.130--------------------------------------------------------------- Inc. 14.02 35.36 21.34 0.100 0.167--------------------------------------------------------------- and 87.12 108.51 21.39 0.100 0.167--------------------------------------------------------------- and 148.13 211.84 63.71 0.122 0.203--------------------------------------------------------------- and 248.72 276.43 27.43 0.091 0.152--------------------------------------------------------------- and 336.50 392.35 52.22 0.093 0.155------------------------------------------------------------------------------------------------------------------------------MB 07-5 317.91 31.39 317.91 285.52 0.074 0.123--------------------------------------------------------------- Inc. 31.39 37.49 6.05 0.137 0.228--------------------------------------------------------------- and 55.78 83.21 27.43 0.095 0.158--------------------------------------------------------------- and 128.93 152.10 23.17 0.099 0.165--------------------------------------------------------------- and 208.18 317.91 109.8 0.085 0.142--------------------------------------------------------------- and 296.57 317.91 21.34 0.088 0.147------------------------------------------------------------------------------------------------------------------------------MB 07-8 307.85 30.78 304.8 274.02 0.085 0.142--------------------------------------------------------------- Inc. 80.47 91.14 10.67 0.142 0.237--------------------------------------------------------------- and 110.95 120.09 9.14 0.177 0.295--------------------------------------------------------------- or 74.47 291.39 217.02 0.097 0.162--------------------------------------------------------------- Inc. 182.88 291.39 108.51 0.125 0.208---------------------------------------------------------------



Exploration by previous operators has shown a 1.8 km long trend of molybdenum mineralization extends southwards from the Moly Brook Zone. In 1964, Buchans Mining completed two short packsack, small diameter drill holes at the south end of the trend. Both holes intersected anomalous molybdenum values with one of the holes averaging 0.057% Mo (0.095% MoS2) over its entire length of 27.53 metres. The last 7.61 metres of the hole averaged 0.118% Mo (0.197% MoS2). The Buchans drilling was completed before the implementation of NI 43-101 and Tenajon has no way of verifying the results.

The drill program at Moly Brook is being completed by Geoscott Consultants under the supervision of Dave Visagie, P. Geo., a Qualified Person as defined by NI 43-101.

On Behalf of the Board of Directors

TENAJON RESOURCES CORP.

D. Bruce McLeod, President

This news release may contain forward looking statements which are not historical facts, such as ore reserve estimates, anticipated production or results, sales, revenues, costs, or discussions of goals and exploration results, and involves a number of risks and uncertainties that could cause actual results to differ materially from those projected. These risks and uncertainties include, but are not limited to, metal price volatility, volatility of metals production, project development, ore reserve estimates, future anticipated reserves and cost engineering estimate risks, geological factors and exploration results. See the Company's filings for a more detailed discussion of factors that may impact expected results.



2007 Moly Brook Drill ResultsTo accompany Tenajon Resources News Release Dated April 15, 2008
-------------------------------------------------------- From To Interval Mo MoS2Hole (metres) (metres) (metres) (%) (%)--------------------------------------------------------MB 07-1 4.27 7.32 3.05 0.037 0.062-------------------------------------------------------- and 46.93 62.17 15.24 0.029 0.048-------------------------------------------------------- and 119.48 123.13 3.65 0.048 0.080----------------------------------------------------------------------------------------------------------------MB 07-2 18.89 391.97 373.08 0.066 0.110-------------------------------------------------------- Incl. 18.89 40.23 21.34 0.134 0.227-------------------------------------------------------- and 226.16 335.89 109.73 0.097 0.162-------------------------------------------------------- or 182.58 391.97 209.39 0.077 0.128----------------------------------------------------------------------------------------------------------------MB 07-3 107.90 315.16 207.26 0.084 0.140-------------------------------------------------------- Incl. 132.28 244.15 111.87 0.108 0.180-------------------------------------------------------- or 150.57 217.63 67.06 0.138 0.230----------------------------------------------------------------------------------------------------------------MB 07-4 14.02 392.35 378.33 0.078 0.130-------------------------------------------------------- Incl. 14.02 35.36 21.34 0.100 0.167-------------------------------------------------------- 53.64 84.12 30.48 0.081 0.135-------------------------------------------------------- 87.12 108.51 21.39 0.100 0.167-------------------------------------------------------- or 53.64 108.51 54.87 0.085 0.142-------------------------------------------------------- and 148.13 211.84 63.71 0.122 0.203-------------------------------------------------------- and 248.72 276.15 27.43 0.091 0.152-------------------------------------------------------- and 336.50 392.35 55.85 0.091 0.152----------------------------------------------------------------------------------------------------------------MB 07-5 31.39 317.91 286.52 0.074 0.123-------------------------------------------------------- Incl. 31.39 37.49 6.10 0.137 0.228-------------------------------------------------------- and 55.78 83.21 27.43 0.095 0.158-------------------------------------------------------- or 31.39 83.21 51.82 0.081 0.135-------------------------------------------------------- and 128.93 152.10 23.17 0.099 0.165-------------------------------------------------------- 208.18 317.91 109.73 0.085 0.142-------------------------------------------------------- Incl. 238.65 272.19 33.54 0.106 0.177-------------------------------------------------------- and 296.57 317.91 21.34 0.088 0.147----------------------------------------------------------------------------------------------------------------MB 07-6 196.90 218.26 21.36 0.071 0.118-------------------------------------------------------- 242.62 260.91 18.29 0.091 0.152-------------------------------------------------------- 285.29 300.52 15.23 0.050 0.083-------------------------------------------------------- or 196.90 300.58 103.68 0.046 0.077----------------------------------------------------------------------------------------------------------------MB 07-7 81.07 101.94 20.87 0.064 0.107-------------------------------------------------------- 131.97 145.08 13.11 0.055 0.092-------------------------------------------------------- 190.80 206.96 16.16 0.056 0.093-------------------------------------------------------- 255.42 283.77 28.35 0.038 0.063-------------------------------------------------------- Incl. 280.11 283.77 3.66 0.124 0.207----------------------------------------------------------------------------------------------------------------MB 07-8 30.78 304.80 274.02 0.085 0.142-------------------------------------------------------- Incl. 80.47 91.14 10.67 0.142 0.237-------------------------------------------------------- 110.95 120.09 9.14 0.177 0.295-------------------------------------------------------- or 74.37 291.39 217.02 0.097 0.162-------------------------------------------------------- Incl. 182.88 291.39 108.51 0.125 0.208----------------------------------------------------------------------------------------------------------------MB 07-09 165.48 265.48 100.48 0.055 0.092-------------------------------------------------------- Incl. 195.35 231.95 36.60 0.087 0.145-------------------------------------------------------- 295.05 311.20 13.11 0.051 0.083----------------------------------------------------------------------------------------------------------------MB 07-10 No Significant Results----------------------------------------------------------------------------------------------------------------MB 07-11 205.74 227.08 21.34 0.054 0.090----------------------------------------------------------------------------------------------------------------MB 07-12 206.09 242.62 36.58 0.055 0.092-------------------------------------------------------- Incl. 209.09 220.37 11.28 0.104 0.173--------------------------------------------------------





The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release.

 

[Ollinho]

Eher unbedeutend.... aber Anfang Mai soll das Re-Update zum Ajax Projekt kommen...

Apr 15, 2008 08:30 ET
Tenajon Announces 2008 Drill Program Underway at Moly Brook Molybdenum Property, Newfoundland
Program to Delineate and Expand Existing Deposit
VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 15, 2008) - Tenajon Resources Corp. (TSX VENTURE:TJS) (the "Company") is pleased to announce that the 2008 exploration program has commenced at the Company's 100% owned Moly Brook Molybdenum Property located in Newfoundland, Canada. A 6,100 metre dill program will follow up on the exploration successes of 2007, which demonstrated that the Moly Brook Property has excellent potential to host a bulk tonnage, high grade and open pittable molybdenum deposit. The objectives of the 2008 program are to test and expand the area of known mineralization along strike and down dip of the Moly Brook Zone. In addition, drill targets located on trend to the south of the main mineralized zone will be tested. It is anticipated that a Stage 2 follow up drill program will take place in the Summer of 2008. The follow up program will complete additional definition drilling on the zone as well as focus on other high priority exploration targets.

The Moly Brook property is located 2.5 km from the hamlet of Grey River on the south coast of Newfoundland, less than 4 km from a deep water, ice free navigable fjord. The community is serviced daily by provincial ferries. For the duration of the program the crew will operate out of a recently established 25 person camp centrally located on the property. Drill moves will be completed using tracked equipment.

Tenajon acquired the Moly Brook property in April 2007 and, in November of last year, completed a very successful 12 hole drill program totaling 3,633 metres in length. 2007 drilling encountered consistent, near surface, higher grade molybdenum intercepts over significant widths. The program extended the Moly Brook Zone to the north of the Moly Brook fault, as well as to the south of historical drilling carried out by Royal Oak Mines Inc. in the mid 1990's. Significant historical drill results on trend, approximately 2 km to the south of the Moly Brook Zone, further highlight the size potential of this deposit.

At Moly Brook molybdenite occurs primarily along the rims of a series of north trending, subvertical, sheeted quartz veins and fracture faces along a 2 km long trend. At the north end of the trend, drilling has traced the main zone for 750 metres along strike with the zone being open along strike and dip. Drilling has also shown that the Moly Brook deposit is variable in width with section 108+50N of the deposit having a minimum width of 370 metres and remaining open as several of the drill holes ended in significant mineralization. Some of the significant intersections from the 2007 drill program are listed below, while complete results are attached.




--------------------------------------------------------------- Length From To Interval Mo MoS2Hole (metres) (metres) (metres) (metres) (%) (%)------------------------------------------------------------------------------------------------------------------------------MB 07-2 391.97 18.89 391.97 373.08 0.066 0.110--------------------------------------------------------------- Inc. 18.89 40.23 21.34 0.134 0.223--------------------------------------------------------------- and 226.16 335.89 109.79 0.097 0.162------------------------------------------------------------------------------------------------------------------------------MB 07-3 315.16 107.9 315.16 207.26 0.084 0.140--------------------------------------------------------------- Inc. 132.28 244.15 111.87 0.108 0.180--------------------------------------------------------------- or 150.57 217.63 67.06 0.138 0.230------------------------------------------------------------------------------------------------------------------------------MB 07-4 392.35 14.02 392.35 378.33 0.078 0.130--------------------------------------------------------------- Inc. 14.02 35.36 21.34 0.100 0.167--------------------------------------------------------------- and 87.12 108.51 21.39 0.100 0.167--------------------------------------------------------------- and 148.13 211.84 63.71 0.122 0.203--------------------------------------------------------------- and 248.72 276.43 27.43 0.091 0.152--------------------------------------------------------------- and 336.50 392.35 52.22 0.093 0.155------------------------------------------------------------------------------------------------------------------------------MB 07-5 317.91 31.39 317.91 285.52 0.074 0.123--------------------------------------------------------------- Inc. 31.39 37.49 6.05 0.137 0.228--------------------------------------------------------------- and 55.78 83.21 27.43 0.095 0.158--------------------------------------------------------------- and 128.93 152.10 23.17 0.099 0.165--------------------------------------------------------------- and 208.18 317.91 109.8 0.085 0.142--------------------------------------------------------------- and 296.57 317.91 21.34 0.088 0.147------------------------------------------------------------------------------------------------------------------------------MB 07-8 307.85 30.78 304.8 274.02 0.085 0.142--------------------------------------------------------------- Inc. 80.47 91.14 10.67 0.142 0.237--------------------------------------------------------------- and 110.95 120.09 9.14 0.177 0.295--------------------------------------------------------------- or 74.47 291.39 217.02 0.097 0.162--------------------------------------------------------------- Inc. 182.88 291.39 108.51 0.125 0.208---------------------------------------------------------------



Exploration by previous operators has shown a 1.8 km long trend of molybdenum mineralization extends southwards from the Moly Brook Zone. In 1964, Buchans Mining completed two short packsack, small diameter drill holes at the south end of the trend. Both holes intersected anomalous molybdenum values with one of the holes averaging 0.057% Mo (0.095% MoS2) over its entire length of 27.53 metres. The last 7.61 metres of the hole averaged 0.118% Mo (0.197% MoS2). The Buchans drilling was completed before the implementation of NI 43-101 and Tenajon has no way of verifying the results.

The drill program at Moly Brook is being completed by Geoscott Consultants under the supervision of Dave Visagie, P. Geo., a Qualified Person as defined by NI 43-101.

On Behalf of the Board of Directors

TENAJON RESOURCES CORP.

D. Bruce McLeod, President

This news release may contain forward looking statements which are not historical facts, such as ore reserve estimates, anticipated production or results, sales, revenues, costs, or discussions of goals and exploration results, and involves a number of risks and uncertainties that could cause actual results to differ materially from those projected. These risks and uncertainties include, but are not limited to, metal price volatility, volatility of metals production, project development, ore reserve estimates, future anticipated reserves and cost engineering estimate risks, geological factors and exploration results. See the Company's filings for a more detailed discussion of factors that may impact expected results.



2007 Moly Brook Drill ResultsTo accompany Tenajon Resources News Release Dated April 15, 2008
-------------------------------------------------------- From To Interval Mo MoS2Hole (metres) (metres) (metres) (%) (%)--------------------------------------------------------MB 07-1 4.27 7.32 3.05 0.037 0.062-------------------------------------------------------- and 46.93 62.17 15.24 0.029 0.048-------------------------------------------------------- and 119.48 123.13 3.65 0.048 0.080----------------------------------------------------------------------------------------------------------------MB 07-2 18.89 391.97 373.08 0.066 0.110-------------------------------------------------------- Incl. 18.89 40.23 21.34 0.134 0.227-------------------------------------------------------- and 226.16 335.89 109.73 0.097 0.162-------------------------------------------------------- or 182.58 391.97 209.39 0.077 0.128----------------------------------------------------------------------------------------------------------------MB 07-3 107.90 315.16 207.26 0.084 0.140-------------------------------------------------------- Incl. 132.28 244.15 111.87 0.108 0.180-------------------------------------------------------- or 150.57 217.63 67.06 0.138 0.230----------------------------------------------------------------------------------------------------------------MB 07-4 14.02 392.35 378.33 0.078 0.130-------------------------------------------------------- Incl. 14.02 35.36 21.34 0.100 0.167-------------------------------------------------------- 53.64 84.12 30.48 0.081 0.135-------------------------------------------------------- 87.12 108.51 21.39 0.100 0.167-------------------------------------------------------- or 53.64 108.51 54.87 0.085 0.142-------------------------------------------------------- and 148.13 211.84 63.71 0.122 0.203-------------------------------------------------------- and 248.72 276.15 27.43 0.091 0.152-------------------------------------------------------- and 336.50 392.35 55.85 0.091 0.152----------------------------------------------------------------------------------------------------------------MB 07-5 31.39 317.91 286.52 0.074 0.123-------------------------------------------------------- Incl. 31.39 37.49 6.10 0.137 0.228-------------------------------------------------------- and 55.78 83.21 27.43 0.095 0.158-------------------------------------------------------- or 31.39 83.21 51.82 0.081 0.135-------------------------------------------------------- and 128.93 152.10 23.17 0.099 0.165-------------------------------------------------------- 208.18 317.91 109.73 0.085 0.142-------------------------------------------------------- Incl. 238.65 272.19 33.54 0.106 0.177-------------------------------------------------------- and 296.57 317.91 21.34 0.088 0.147----------------------------------------------------------------------------------------------------------------MB 07-6 196.90 218.26 21.36 0.071 0.118-------------------------------------------------------- 242.62 260.91 18.29 0.091 0.152-------------------------------------------------------- 285.29 300.52 15.23 0.050 0.083-------------------------------------------------------- or 196.90 300.58 103.68 0.046 0.077----------------------------------------------------------------------------------------------------------------MB 07-7 81.07 101.94 20.87 0.064 0.107-------------------------------------------------------- 131.97 145.08 13.11 0.055 0.092-------------------------------------------------------- 190.80 206.96 16.16 0.056 0.093-------------------------------------------------------- 255.42 283.77 28.35 0.038 0.063-------------------------------------------------------- Incl. 280.11 283.77 3.66 0.124 0.207----------------------------------------------------------------------------------------------------------------MB 07-8 30.78 304.80 274.02 0.085 0.142-------------------------------------------------------- Incl. 80.47 91.14 10.67 0.142 0.237-------------------------------------------------------- 110.95 120.09 9.14 0.177 0.295-------------------------------------------------------- or 74.37 291.39 217.02 0.097 0.162-------------------------------------------------------- Incl. 182.88 291.39 108.51 0.125 0.208----------------------------------------------------------------------------------------------------------------MB 07-09 165.48 265.48 100.48 0.055 0.092-------------------------------------------------------- Incl. 195.35 231.95 36.60 0.087 0.145-------------------------------------------------------- 295.05 311.20 13.11 0.051 0.083----------------------------------------------------------------------------------------------------------------MB 07-10 No Significant Results----------------------------------------------------------------------------------------------------------------MB 07-11 205.74 227.08 21.34 0.054 0.090----------------------------------------------------------------------------------------------------------------MB 07-12 206.09 242.62 36.58 0.055 0.092-------------------------------------------------------- Incl. 209.09 220.37 11.28 0.104 0.173--------------------------------------------------------





The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release.

 

[gerf]

Hey Jungs,

war länger nicht hier, was ist denn bei SRI (Sparton) los?

 

[Fischlaender]

mein Kosovo Explorer Lydian

Apr 15, 2008 13:56 ET
Lydian International: Preliminary Drill Results at Trpeza and St. Barbara Areas (Drazhnje Project) in Kosovo, Highlight Underground Base-Metal Target Below Potentially Open-Pittable Gold Zone
Potential to add Significant Value to Existing Historical Resource

TORONTO, ONTARIO--(Marketwire - April 15, 2008) - Lydian International Ltd. (TSX:LYD), a diversified U.K. mineral exploration and development company, today announced preliminary drill results from the Trpeza and St. Barbara areas of its Drazhnje project in Kosovo. Both Trpeza and St. Barbara areas are located outside of the existing historical resource at Drazhnje and are currently being drill tested as part of Lydian's strategy aimed at verifying and significantly expanding the historical resource (Figure 1).

At Trpeza, a fence of drill holes located adjacent to a trench which returned 51m @ 1.25g/t gold has outlined a shallow to steeply northeast dipping zone with gold and base-metal grades in oxide material apparently increasing at depth (best intersection 17m @ 1.32g/t gold and 1.39% lead and zinc; Figure 2). Approximately 900m to the southeast of Trpeza, drilling at the St. Barbara area has intersected a massive sulphide body of approximately 10m estimated true width, extending from surface to at-least 90m depth and open in all directions (Figure 2). The strike extent of this new massive sulphide mineralisation is interpreted to follow a historical IP-geophysical anomaly north-westward for some 900m towards the Trpeza area, and potentially a further 800m beyond that (Figure 1). Final assay results from the St. Barbara area are pending repeat analysis of samples that returned greater than 30% zinc and 20% lead in the laboratory. Infill fence drilling and further geophysics is currently underway between the Trpeza and St. Barbara areas.

"The drilling at Trpeza and St. Barbara has identified what appears to be an upper and more gold dominant and potentially open-pittable zone, and a lower zinc-lead sulphide zone which at St. Barbara is about 10m wide and likely to be quite high-grade," said Tim Coughlin, President and CEO of Lydian. "If the base-metal sulphide zone extends continuously along the IP-geophysical anomaly beneath and beyond the gold zone at Trpeza, then it could be 1.7 km long. If the grade and width is maintained then, together with the current resources, we are well on the way to building Drazhnje into a significant resource"

To view Figure 1, please visit the following link: http://media3.marketwire.com/docs/lydfig1.pdf

The Drazhnje project is a historic exploration project located in central eastern Kosovo and with former Yugoslav resources of 4.7Mt at 4.9%Zn, 2.4%Pb and 45g/t Ag in A, B and C1 categories and a further 2Mt at 5.76%Zn, 3.23%Pb and 45g/t Ag in C2 category (not JORC compliant).

In 2006 Lydian completed an initial combined confirmatory and exploratory drilling programme of some 2500m in 20 diamond drill holes and is currently drilling a further 6000m on targets outside the historic resource. The Company is also preparing to open underground access for sampling and underground drilling to convert the historic resource into JORC compliant reserves.

To view Figure 2, please visit the following link: http://media3.marketwire.com/docs/lydfig2.pdf

About Lydian International

 

[dukezero]

» zur Grafik

Ich zähl mal A3T auch zu den Rohstoffen. Vorhin vertickt. Stell mich bei 1,55€ wieder an.

Am 24.ten April Produktionsstart ins Bischofswerda!

 

[dukezero]

» zur Grafik

Ich zähl mal A3T auch zu den Rohstoffen. Vorhin vertickt. Stell mich bei 1,55€ wieder an.

Am 24.ten April Produktionsstart ins Bischofswerda!

Arise Technologies - Portrait

Alles Wissenswerte in aller Kürze

Die 1997 gegründete Arise Technologies Corp. (WKN 914 539 / ISIN CA04040Q1063 / www.arisetech.com) mit Sitz im kanadischen Kitchener bei Waterloo in Ontario ist ein Solartechnologie-Unternehmen. ARISE bedeutet auf deutsch „im Entstehen“, ist aber in diesem Fall auch die Abkürzung für Appropriate-Renewable-Intelligent-Sustainable-Energy, also für die passende, erneuerbare, intelligente, (Natur)-unterstützende Energie. Das Unternehmen ist aufgeteilt in die drei Sparten „Photovoltaik“, kurz PV, um Strahlungsenergie (der Sonne) direkt in elektrische Energie umzuwandeln, „Technologie und Silicon Feedstock“ sowie „Systems“.

Arise entwickelt in der Sparte PV mit den Partnern Komag Inc. (WKN 786 696), Ontario Centres of Excellence, kurz OCE, und der Universität von Toronto hocheffiziente, kostengünstige, patentierte Dünnschicht-Silikon-Wafer mit einem Wirkungsgrad von 18 Prozent und mehr. Im Jahr 2008 will Arise über die hundertprozentige Tochtergesellschaft Arise Technologies Deutschland GmbH mit der Produktion dieser Solarzellen beginnen. Hauptmarkt für die Solarzellen soll Nordamerika werden. Dazu soll im sächsischen Bischofswerda eine 80-Megawatt-Fabrik entsehen. Die „Sächsische Zeitung“ berichtet, dass die Sächsische Aufbaubank bereits Ende 2006 Fördergeld bewilligt habe. Sjouke Zijlstra, Geschäftsführer der Arise Technologies Deutschland GmbH, sagte im Interview, der Baubeginn sei August 2007. Zunächst soll eine Halle gebaut werden, die Raum für drei Produktionslinien bietet. Die erste Linie soll im April, die zweite im Oktober 2008 in Betrieb gehen. Ab Ende 2009 oder Anfang 2010 soll auch die dritte Linie produzieren. Die Pressestelle der Stadt Bischofswerda schrieb am 8. Mai, der Kaufvertrag zum Erwerb des Grundstückes sei in der Abstimmung.

Die Sparte Technologie und Silicon Feedstock arbeitet mit einigen Partnern zusammen, um Silicon vermarkten zu können. Arise nutzt dazu die eigene Technologie, mineralisches Silizium in Silizium zu verwandeln, das in der Solartechnik verwendet werden kann. Im Labormaßstab hat das schon funktioniert.

Die Sparte Systems Division vertreibt über die Internetseite SolarSense.com das komplette Angebot an plug-and-play Solar-Lösungen. Die Arise-Techniker entwickeln komplett installierte und vielseitig kompatible Systeme für den Markt in Ontario für gebäudeintegrierte Lösungen, Photovoltaik, solarthermale Lösungen zum Heizen oder für Swimmingpools. Arise bietet über ein Solarenergie-Händlernetz in Kanada seine Beratungsdienstleistungen und die eigene Technologie an.

Das Unternehmen ist also auf dem Weg zum vollintegrierten Solarkonzern, der die gesamte Wertschöpfungskette abdecken will.
ANZEIGE

Am 3. Januar hat Arise gemeldet, für die 49,86 Millionen Euro teuere Solarzellenfabrik in Bischofswerda eine Förderung von 12,4 Millionen Euro von der Sächsischen Aufbaubank GmbH bewilligt bekommen zu haben. Weiter sind zurück zu vergütende Steuergutschriften über 12,15 Millionen Euro bewilligt worden, so dass sich die gesamten staatlichen Zuschüsse auf 24,55 Millionen Euro belaufen. Dafür muss Arise drei Jahre Zeit, das Projekt umzusetzen.

Am 11. Januar hat Arise gemeldet, mit der Universität von Ontario und dem Portland Energy Centre, kurz PEC, Kanadas größte Solarforschungsanlage auf dem PEC-Gelände in Toronto bauen zu wollen. Der Solarpark soll fünf bis acht Millionen Kanadische Dollar kosten und ab Ende 2008 oder Anfang 2009 etwa 500 Kilowatt bis ein Megawatt Leistung produzieren.

Am 16. Januar hat Arise gemeldet, mit der Commerzbank (WKN 803 200) einen unverbindlichen Kreditrahmenvertrag abgeschlossen zu haben, der in Verbindung mit den staatlichen Förderungen etwa 38 Millionen Euro des 50-Millionen-Euro-Projektes in Bischofswerda abdeckt. Der Kreditrahmen dürfte also etwa 13 bis 25 Millionen Euro betragen.

Am 28. März hat Arise gemeldet, die niederländische OTB Solar B.V., eine hundertprozentige Tochtergesellschaft der OTB Group, werde die Geräte und die Ausstattung für die erste Produktionslinie in Bischofswerda liefern.

Am 24. April und am 2. Mai hat Arise gemeldet, insgesamt 25,3 Millionen neuer Aktien für je einen Kanadischen Dollar an Canaccord Capital Corporation, CIBC World Markets Inc., Cormark Securities Inc., D&D Securities Company and Loewen, Ondaatje, McCutcheon Limited ausgegeben zu haben. Der Nettoerlös soll zur Finanzierung des Projektes in Bischofswerda verwendet werden, für die Silicon-Aktivitäten von Arise und für allgemeine Betriebsbelange.

Am 10. Mai hat Arise gemeldet, die Deutsche Solar AG werde vom 1. Januar 2008 bis zum 31. Dezember 2017 Silikon-Wafer für das Projekt in Bischofswerda liefern.

Ian MacLellan ist Gründer, President, Director und Vorstandsvorsitzender der Arise Technologies Corp. Seit dem 25. April 2007 ist David Chornaby der Finanzvorstand. Vern Heinrichs ist Chairman und Director, Nicholas Komarnycky der Engineering Manager für die Photovoltaik Technologie, Frank Ruffolo der Systems Business Developement Manager, Gordon Jekubik Vice President und Corporate Secretary, Sjouke Zijlstra Vice President und General Manager PV Manufacturing, Jeff Dawkins Vice President und General Manager Silicon Operation, Steve Vaccaro ist als Vice President verantwortlich für das Corporate Developement und Chris Waters ist als Vice President zuständig für das PV Business Developement. Die Gesellschaft hat 71.988.155 Aktien ausgegeben. Zudem stehen noch 9.415.427 Kaufoptionen aus.

 

[greenhorn]

muß auch demnächst sich entscheiden wohin es geht! -Scorpio Mining -

 

[Fischlaender]

naja...

Apr 16, 2008 09:01 ETATW Venture Corp.: Amarillo Drilling Update

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 16, 2008) - ATW Venture Corp. (TSX VENTURE:ATW)(FRANKFURT:A3N) ("ATW" or "the Company") is pleased to report that drilling on the Amarillo project in San Juan Province, Argentina is ongoing. To date, a total of 1100 meters have been drilled. Two core holes have been completed and a third one is in progress. Assays are pending for all drill holes; selected samples for Hole ATW-AM-06 have been sent for rush assay.

A 2008 Amarillo Exploration Program, drill hole location map is available on the ATW Venture Corp. website at www.atwventure.com/properties/amarillo.

This year's first drill hole, ATW-AM-05 ("F" on drill hole map), was collared at the bottom of Quebrada Poposa. This was a vertical hole drilled to roughly 400 meters. It was designed to test for potential primary copper mineralization at depth. The hole drilled through a thick sequence of weakly altered to fresh dacitic tuffs and pyroclastics rocks. At the bottom of the hole fragments of altered quartzite are observed in the clastic unit. This hole appears to be collared in a down-dropped block of young, post mineral volcanics and did not intersect mineralized lithologies.

ATW-AM-06 ("SM-2" on drill hole map) was drilled on the northern portion of the alteration halo to test for gold mineralization down-plunge along the intersection of northwest and north-northeast trending structures. The hole had a bearing of S80 degrees W and was drilled at -60 degrees. The hole encountered vuggy quartz/pyrite veining in various places in the top part of the hole. These veins are similar to those observed on surface in the road cuts and which are reported to have high gold grades locally. Further down-hole there is a marked increase in silicification of dacitic/andesitic dikes and of the surrounding quartzite with disseminated pyrite from 3-5% and locally up to 10%. Silicification appears to be overprinting earlier alteration events possibly argillization and bleaching. In addition, there is also a quartz/pyrite +/- sericite stockwork event which in general increases with depth. Quartz pyrite veins up to 2 inches (5 cm) are observed locally. In sections, the stockwork is very robust and sulfide content (py) in short sections of the core can be greater than 30%. In general, very little copper mineralization is observed, with only occasional minor cpy noted in veinlets. This hole was drilled to a depth of 525 meters. Selected samples down-hole have been rushed for assays.

The current hole, ATW-AM-07 ("H" on drill hole map) is collared on Esperanza Hill. It is being drilled due south at -60 degrees. This hole was designed to test at depth, outcropping copper mineralization further up hill. The top 100 meters contain sporadic copper mineralization in various lithologies. The hole is roughly at 190 meters.

Mapping and sampling has been ongoing on the northeast portion of the system ("Sericite Target"). There, quartzites are host to a sericitically altered quartz porphyry dike. Quartzites near the dike exhibit quartz stockwork veining and moderate hematite staining. Assays from this area are pending.

Mapping and sampling will also be undertaken at the Filo Colorado Target to gain further understanding of the controls to gold mineralization there.

A fourth hole is contemplated pending results from hole ATW-AM-06 ("SM-2") and surface samples from the two areas mentioned above.

The contents of this news release have been reviewed by Brent Butler who is a qualified person as defined by National Instrument 43-101.

"ATW is excited to have completed drill testing of high priority targets, originally scheduled for 2007. Management is encouraged by onsite visual inspections of drill core and have shipped selected samples for rush assays," says Brent Butler, President and CEO of ATW Venture Corp.

The Company also wishes to announce that it has granted a total of 100,000 incentive stock options, exercisable for a period of five (5) years at an exercise price of $0.95 per share. The grants have been made to certain directors, officers, employees and consultants of the Company.

ATW VENTURE CORP.

 

[dukezero]

Rochester!!

 

[greenhorn]

:D sehr schön - die Zaheln werfen wohl Schatten.............

Rochester!!

 

[Ollinho]

Sieht gut aus.....

:D sehr schön - die Zaheln werfen wohl Schatten.............

Rochester!!

 

[Fischlaender]

8)

 

[Fischlaender]

Zaruma

sehr schoene Entwicklung

 

[Fischlaender]

PBX

rueber ueber die 0,4, dann ist erstmal Platz bis 0,6!

 

[Fischlaender]

Southern Arc

das gute an denen ist, dass sie mit ihrem Indonesien-Hauptprojekt Au und Cu haben,

Au falls die Krise weiter geht
Cu falls die konjunktur weiterklaeuft

es steht (mal wieder) der Test des langristigen Abwaertstrend an

 

[greenhorn]

Osisko - endlich eine Gegenbewegung!

 

[dukezero]

Rohstoffe werden bald fett steigen!

 

[dukezero]

 

[greenhorn]

Rochester - schönes W was sich da unten bildet

 

[greenhorn]

@Fischländer - sachma, die Reaktion bei Mosquito getsern war ja sehr eigenartig.....kannst du dir darauf einen Reim machen?
das Zeuch liegt OpenPit rum und die Leute prügeln die Aktie wieder runter

 

[Fischlaender]

greenhorn schrieb am 17.04.2008, 12:45 Uhr[/url]"]@Fischländer - sachma, die Reaktion bei Mosquito getsern war ja sehr eigenartig.....kannst du dir darauf einen Reim machen?
das Zeuch liegt OpenPit rum und die Leute prügeln die Aktie wieder runter

null verstaendnis, muss mal in die unterlagen schauen, ev. steht da ein financing an

 

[greenhorn]

Apr 17, 2008 08:15 ET
Bluerock Executes Definitive Milling Agreement and Provides Update on US South West Operations

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 17, 2008) - Bluerock Resources Ltd. (the "Company") (TSX VENTURE:BRD) announces that definitive toll milling and ore purchase agreements have been signed with Denison Mines (USA) Corp. ("Denison") and reports on the development progress at the Company's Utah and Colorado operations.

Definitive Toll Milling and Ore Purchase agreements have been signed with Denison which secure for Bluerock Resources available capacity to process 60,000 tons of uranium ore in 2008 and 100,000 tons per year in 2009 and 2010 (see News Release dated January 16th, 2008). With these agreements in place the company will accelerate the development of mining projects in Colorado and Utah to support the annual tonnage allotments.

Activities in Colorado and Utah:

- Work accelerating at the J-Bird Uranium Mine with the progress now occurring on multiple mine headings, a second mining shift added, expanding day shift crew, and initiation of an underground exploration drill program

- Bulk sampling program at the Neilson Portal, Cone Mountain Uranium Project to begin this week

- Drilling underway on the Sunbeam Uranium Mine project and a Bulk Sample Permit pending

- Bluerock advances uranium mill plan via the acquisition of Mancos Resources

"Spring 2008 is a very busy time for Bluerock," stated Bluerock President & CEO, Michael Collins. "The Company has spent the winter planning and permitting extensive operations in Colorado and Utah. With the snow off the ground and key employees in place, work is advancing at the J-Bird Uranium Mine and the Company is on track to reactivate and operate four uranium mines in the Uravan Uranium District in 2008. Bluerock is moving to take full advantage of its Toll Milling and Ore Purchase agreement with Denison Mines (USA), and become the next uranium producer in the Americas."

Development at the J-Bird Uranium Mine was hindered by heavy snow and related access challenges over the winter but with a warm dry spring the Company is accelerating development of the project through the addition of a fully equipped night shift and a second day shift. An underground drilling program is being implemented to augment surface drilling in the near mine environment.

The Company has mobilized equipment to the Cone Mountain project, Mesa County, Colorado, to begin development of the Neilson Portal under a Bulk Sampling Permit. This will allow the company to develop the historic uranium mine plan originally authored by Atlas Minerals Corp. in the 1980's and consequently make a production decision.

Drilling has started on a 99-hole drill program at the Sunbeam Uranium Mine, Montrose County, Colorado. This drilling will help to define and support historical resource data as the Company moves towards a bulk sample program and a production decision on the redevelopment of the Sunbeam Uranium Mine.

Drill permits have been submitted for the Tramp Uranium Mine, where a production decision will be made in the summer of 2008. Drill permits have also been submitted for the US Grants Uranium Project and the Donna-K Uranium Project, all in Montrose County, Colorado.

The acquisition of Mancos Resources has advanced the Company's goal of establishing its own uranium mill in Utah. The status of Utah as an "Agreement State", which devolves federal permitting authority and allows for a stream permit process, as well as the location selected for the mill site, is expected to streamline the permitting processes timeline for a new standalone 1,200 ton per day milling complex. The Mancos Uranium Mill Project, Green River, Utah is in the permitting/design phase with an estimated start-up date of mid-2011. Public consultation, baseline environmental, and geotechnical assessments are underway and the selection process for design/build engineering firms has commenced (See News Release April 10th, 2008).

The due diligence period for the Pine Ridge Mine Project, San Juan County, Utah has expired and the Company has elected to not pursue the project at this juncture.

Bluerock Resources Ltd. is a uranium mining company focused on developing tomorrow's energy today through the acquisition and development of conventional uranium resources.

ON BEHALF OF THE BOARD OF DIRECTORS

Michael Collins, President and CEO

FORWARD LOOKING INFORMATION DISCLAIMER

 

[greenhorn]

Apr 17, 2008 08:57 ET
Osisko Intersects Significant Gold Mineralization Over 800 Metres Strike Length at Jeffrey
Results include 54 metres averaging 1.25 g/t Au
MONTREAL, QUEBEC--(Marketwire - April 17, 2008) - Osisko Exploration Ltd. (TSX:OSK)(DEUTSCHE BOERSE:EWX) and Golden Valley Mines Ltd. (TSX VENTURE:GZZ) are pleased to announce results from a 2400 metre drill program on the Jeffrey Zone of the Malartic CHL property. The Jeffrey Zone is located at the southern extremity of the CHL porphyry intrusion, approximately 3.5 km east of the center of the Canadian Malartic deposit. This mineralized zone was tested with nine holes spaced 100 m apart along a total strike length of 800 metres. All holes in the Jeffrey Zone were oriented south, perpendicular to regional E-W fabric and were inclined 45 to 50 degrees. Significant near surface results include 53.9m averaging 1.25 g/t Au (hole CHL07-2022) and 40.5m averaging 1.39 g/t Au (hole CHL07-2021). Higher grade, deeper drilling results include 1.5m averaging 109.5 g/t Au (hole CHL07-2027) and 1.5m averaging 14.65 g/t Au (hole CHL07-2029). Results from the nine new holes are summarized in the table below:




---------------------------------------------------------------Hole No. Easting From (m) To (m) Length (m) Au g/tCHL07-2021 7300E 24.5 65.0 40.5 1.39CHL07-2022 7400E 12.1 66.0 53.9 1.25And 126.0 148.0 22.0 1.12CHL07-2023 7500E 62.8 85.3 22.5 0.99CHL07-2024 7600E 45.8 62.7 16.9 1.08CHL07-2025 7700E NILCHL07-2026 7800E 152.0 160.0 8.0 3.11CHL07-2027 7900E 137.0 138.5 1.5 109.5CHL07-2028 8000E 105.3 154.5 49.2 0.60And 183.0 196.5 13.5 1.12CHL07-2029 8100E 197.8 199.3 1.5 14.65And 220.3 223.8 3.5 5.48---------------------------------------------------------------



Mineralization in the Jeffrey Zone consists of disseminated pyrite-gold in porphyry dykes and of narrower, higher grade mineralization in silicified porphyry or ultramafic schists. True widths are estimated at 70 to 80% of mineralized intersections. The zone remains open to the east and at depth.

Current structural interpretation indicates that the Jeffrey Zone and the Shaft Zone are located at the southern and northern extremities, respectively, of the CHL porphyry intrusion, which has been deformed into a Z-shaped body by sinistral strike-slip motion along the Cadillac Break. Initial drilling in the Shaft Zone by Osisko produced 8.4 metres averaging 8.82 g/t Au (see press release dated August 7, 2007). The geological model suggests potential for additional mineralization along dilation zones at the contact between the porphyry and the ultramafic schists, between the Jeffrey and Shaft Zones. Definition drilling on these zones will begin shortly, followed by reconnaissance drilling between the zones, aimed at testing the geological model.

Commenting on the new exploration results, Sean Roosen, President of Osisko stated: "We are very pleased with these latest drilling results on the Golden Valley joint-venture property. The Jeffrey and Shaft Zones demonstrate that the CHL property hosts significant potential to add to Osisko's resource balance sheet with both shallow, low-grade porphyry material as well as narrower, deeper, higher grade underground zones that could have a positive effect on the per-ounce mining and milling costs."

Osisko has the right to acquire a 70% interest in the Malartic CHL Property in consideration for $150,000 in cash payments over a four year period ($70,000 paid to date) and by completing a minimum $2,000,000 in exploration work over a four year period. Upon earning its 70% interest, Golden Valley will maintain a free-carried interest of 30% to production.

All NQ core assays reported above were obtained by standard 50 g fire assaying-AA finish at ALS Chemex laboratories in Val d'Or, Quebec. Reported weighted averages were calculated using a minimum of 0.4 g/t Au over successive maximum intervals of 20 metres with no upper cut-off of individual assays.

Osisko Exploration Ltd. is currently evaluating the Canadian Malartic gold deposit and adjacent areas for a large-scale open pit, bulk-tonnage mining operation. The Company is well-funded with approximately $160 million on hand and is carrying out an aggressive definition drilling and exploration campaign. An updated NI 43-101 compliant inferred gold resource estimate on the main Canadian Malartic deposit was released on July 5, 2007 and the full report is available on SEDAR.

Mr. Robert Wares, P. Geo. and Executive Vice-President of Osisko, is the Qualified Person responsible for the technical information reported in this news release

 

[greenhorn]

Scorpio to start production at Nuestra Senora in July


2008-04-17 08:57 ET - News Release

Mr. Peter Hawley reports

SCORPIO GRANTED INCREASE ON MILL PROCESSING PERMIT AND CONNECTS NUESTRA SENORA MILL FACILITY TO MEXICO'S MAIN POWER GRID

The following are developments at Scorpio Mining Corp.'s 100-per-cent-owned Nuestra Senora project, Sinaloa state, Mexico.

Peter J. Hawley, chairman, chief executive officer, reports: "Commercial production at Nuestra Senora is scheduled to commence in July, 2008, at 1,000 tonnes per day. With the expectation that throughput will eventually increase, the company applied for and was granted a permit for future increase in mineral processing to 2,000 tonnes per day. Now that the mill is on the electrical grid, the company can continue with commissioning and an orderly start-up, with production of saleable concentrate in the near future. On another front, the company was recently granted title to the Zaida claim, which is part of a strategic expansion in landholdings through staking of favourable ground. The new claim acquisition hosts three known polymetallic deposits and will be included into future exploration programs."

 

[greenhorn]

Apr 17, 2008 09:22 ET
Sparton Signs Final Share Purchase Agreement for Germanium Production in China
TORONTO, ONTARIO--(Marketwire - April 17, 2008) - Sparton Resources Inc. (TSX VENTURE:SRI) (the "Company") reported today that it has signed the final Share Purchase Agreement to acquire an 85% share interest in Hua Jun Coal Industry Co. Ltd. ("HJ") a private Yunnan Province PRC based coal and germanium producer. Hua Jun is the second largest germanium concentrate producer in the Lincang area of Yunnan, and also produces locally marketed thermal coal from one of its three operating coal mines in the area. (see Company News Release dated January 29, 2008).

The agreement has been signed between the two private owners of Hua Jun, and Yunnan Blue Bay Semiconductor Technology Co. Ltd. ("YBBS"), Sparton's Wholly Owned Foreign Enterprise (WOFE) registered in Yunnan. YBBS in turn is 100% owned by the Company's wholly owned subsidiary Sparton Energy Inc. ("SEI") which is registered in the British Virgin Islands. The two private individuals who were the original owners of HJ will retain 8% and 7% share ownerships in HJ respectively.

DUE DILIGENCE

During the period between January 29, 2008 and March 31, 2008 Sparton and its legal, financial, and technical staff and consultants completed an extensive due diligence program on this acquisition and received strong support from local Yunnan and Lincang government regulators in relation to the transaction. The Company's proposed program to clean up the radioactive ash waste produced by HJ and the other germanium producers in the Lincang area was a key factor in the rapid progress made in licensing YBBS as an operating company in Yunnan. Further, Yunnan Sparton New Environ-Tech Consulting Co. Ltd. ("YSN") the Joint Venture Company formed with the China National Nuclear Corporation subsidiary has also received its Business Licence. Sparton's positive track record in operating the Luxi Gold Project in Yunnan was a major factor in fast tracking the various government approvals and licences required for these operating companies.

PAYMENT SCHEDULE -TAKEOVER OF OPERATIONS

The payments for the Hua Jun share acquisition will be made in four tranches tied to conditions precedent in the agreement that are related to various government agency approvals for the new HJ owner structure, the transfer of labour contracts to HJ, and local approvals for environmental and safety considerations. Once 60 % of the full agreed purchase price of 22 million RMB (approximately $C1.9 million) has been paid, YBBS will be in full control of the operations. Appropriate new experienced technical and administrative staff have been sourced for HJ. It is anticipated that YBBS will be fully in charge of HJ by mid August 2008. The minority HJ owners will maintain close involvement in operations during the transition period and YBBS will have its own mining, financial, and processing specialists directly involved in day to day operations during that time.

GOING FORWARD

The HJ operations continue to be highly profitable. Since Sparton signed the initial share acquisition agreement the price for germanium metal has increased from about $ USD1250 per Kg to over $USD1400 per Kg and demand continues to grow.

Based on the financial records for the past 5 months of operations HJ has been producing approximately 275 kg per month of germanium concentrate valued at 1.6 million RMB ($C228,000) In addition, it produces and sells thermal coal valued at approximately 330,000 RMB ($C47,300) per month.
Operating profits after all operating costs have varied from $ C 110-130,000 per month and over $C70,000 in new capital has been invested for new processing equipment. Sparton's consultants have reviewed the operations and are preparing recommendations to upgrade the efficiency of both the mining and germanium production activities. The Company believes that the operations can be upgraded to significantly increase financial performance in the future.

URANIUM RECOVERY PROGRAM FROM LINCANG AREA WASTE ASH

Initial positive leach test results on Lincang area waste ash were reported earlier. (see Company news release dated March 26, 2008). Testing continues both in China and North America. Sparton's process engineering consultants Lyntek Inc. are currently designing a bulk testing plant and flow sheet that will leach test a minimum of 500 tonnes of Lincang ash later this year. Local permitting and project proposal applications are underway in Yunnan for this work and the units will be constructed locally to Lyntek's design specifications. This program is receiving strong support from the local Yunnan environmental agencies.

DISCUSSION

Sparton now is well on the way to becoming a profitable producer in the rapidly developing germanium market. The purchase of HJ, which already is a successful germanium operation with significant scope for expansion and value added technology is expected to lead to other germanium related transactions to create added value for the Company.

The advancement of the uranium cleanup program beginning in Lincang and direct investment by China's National Nuclear corporation subsidiary once again demonstrates the Chinese support for Sparton's initiatives in advancing the secondary uranium program to production in PRC.

New results and developments will be reported when available.

Sparton's international exploration and evaluation programs are being carried out under the direct supervision of A. Lee Barker, P. Eng., P Geol., the Company's President and CEO who is a Qualified Person under National Instrument 43-101.


The TSX Venture Exchange has not reviewed and does not accept responsibility for adequacy or accuracy of the content of the information contained herein.

gerf schrieb am 15.04.2008, 17:26 Uhr[/url]"]Hey Jungs,

war länger nicht hier, was ist denn bei SRI (Sparton) los?

 

[Ollinho]

Sparton Resources -SVZ-/-SRI- sehe ich als eine exzellente Rebound-Chance!

Die Unterbewertung ist grotesk (aber da stehen sie nat. derzeit nicht alleine da)!

Sparton hat vielversprechende Projekte und die Entwicklung kann sich sehen lassen. Wenn der Explorersektor nachhaltig dreht sollte hier ein massiver Rebound drin sein....

greenhorn schrieb am 17.04.2008, 15:26 Uhr[/url]"]Apr 17, 2008 09:22 ET
Sparton Signs Final Share Purchase Agreement for Germanium Production in China
TORONTO, ONTARIO--(Marketwire - April 17, 2008) - Sparton Resources Inc. (TSX VENTURE:SRI) (the "Company") reported today that it has signed the final Share Purchase Agreement to acquire an 85% share interest in Hua Jun Coal Industry Co. Ltd. ("HJ") a private Yunnan Province PRC based coal and germanium producer. Hua Jun is the second largest germanium concentrate producer in the Lincang area of Yunnan, and also produces locally marketed thermal coal from one of its three operating coal mines in the area. (see Company News Release dated January 29, 2008).

The agreement has been signed between the two private owners of Hua Jun, and Yunnan Blue Bay Semiconductor Technology Co. Ltd. ("YBBS"), Sparton's Wholly Owned Foreign Enterprise (WOFE) registered in Yunnan. YBBS in turn is 100% owned by the Company's wholly owned subsidiary Sparton Energy Inc. ("SEI") which is registered in the British Virgin Islands. The two private individuals who were the original owners of HJ will retain 8% and 7% share ownerships in HJ respectively.

DUE DILIGENCE

During the period between January 29, 2008 and March 31, 2008 Sparton and its legal, financial, and technical staff and consultants completed an extensive due diligence program on this acquisition and received strong support from local Yunnan and Lincang government regulators in relation to the transaction. The Company's proposed program to clean up the radioactive ash waste produced by HJ and the other germanium producers in the Lincang area was a key factor in the rapid progress made in licensing YBBS as an operating company in Yunnan. Further, Yunnan Sparton New Environ-Tech Consulting Co. Ltd. ("YSN") the Joint Venture Company formed with the China National Nuclear Corporation subsidiary has also received its Business Licence. Sparton's positive track record in operating the Luxi Gold Project in Yunnan was a major factor in fast tracking the various government approvals and licences required for these operating companies.

PAYMENT SCHEDULE -TAKEOVER OF OPERATIONS

The payments for the Hua Jun share acquisition will be made in four tranches tied to conditions precedent in the agreement that are related to various government agency approvals for the new HJ owner structure, the transfer of labour contracts to HJ, and local approvals for environmental and safety considerations. Once 60 % of the full agreed purchase price of 22 million RMB (approximately $C1.9 million) has been paid, YBBS will be in full control of the operations. Appropriate new experienced technical and administrative staff have been sourced for HJ. It is anticipated that YBBS will be fully in charge of HJ by mid August 2008. The minority HJ owners will maintain close involvement in operations during the transition period and YBBS will have its own mining, financial, and processing specialists directly involved in day to day operations during that time.

GOING FORWARD

The HJ operations continue to be highly profitable. Since Sparton signed the initial share acquisition agreement the price for germanium metal has increased from about $ USD1250 per Kg to over $USD1400 per Kg and demand continues to grow.

Based on the financial records for the past 5 months of operations HJ has been producing approximately 275 kg per month of germanium concentrate valued at 1.6 million RMB ($C228,000) In addition, it produces and sells thermal coal valued at approximately 330,000 RMB ($C47,300) per month.
Operating profits after all operating costs have varied from $ C 110-130,000 per month and over $C70,000 in new capital has been invested for new processing equipment. Sparton's consultants have reviewed the operations and are preparing recommendations to upgrade the efficiency of both the mining and germanium production activities. The Company believes that the operations can be upgraded to significantly increase financial performance in the future.

URANIUM RECOVERY PROGRAM FROM LINCANG AREA WASTE ASH

Initial positive leach test results on Lincang area waste ash were reported earlier. (see Company news release dated March 26, 2008). Testing continues both in China and North America. Sparton's process engineering consultants Lyntek Inc. are currently designing a bulk testing plant and flow sheet that will leach test a minimum of 500 tonnes of Lincang ash later this year. Local permitting and project proposal applications are underway in Yunnan for this work and the units will be constructed locally to Lyntek's design specifications. This program is receiving strong support from the local Yunnan environmental agencies.

DISCUSSION

Sparton now is well on the way to becoming a profitable producer in the rapidly developing germanium market. The purchase of HJ, which already is a successful germanium operation with significant scope for expansion and value added technology is expected to lead to other germanium related transactions to create added value for the Company.

The advancement of the uranium cleanup program beginning in Lincang and direct investment by China's National Nuclear corporation subsidiary once again demonstrates the Chinese support for Sparton's initiatives in advancing the secondary uranium program to production in PRC.

New results and developments will be reported when available.

Sparton's international exploration and evaluation programs are being carried out under the direct supervision of A. Lee Barker, P. Eng., P Geol., the Company's President and CEO who is a Qualified Person under National Instrument 43-101.


The TSX Venture Exchange has not reviewed and does not accept responsibility for adequacy or accuracy of the content of the information contained herein.

gerf schrieb am 15.04.2008, 17:26 Uhr[/url]"]Hey Jungs,

war länger nicht hier, was ist denn bei SRI (Sparton) los?