Dax © 20.612 +0,18%
Dow Jones 43.289 +0,08%
S&P 500 5.950 +1,83%
Dow Jones 43.289 +0,08%
S&P 500 5.950 +1,83%
Nasdaq 21.343 +0,44%
Nikkei 38.558 -0,41%
Hang Seng 19.523 +1,23%
Nikkei 38.558 -0,41%
Hang Seng 19.523 +1,23%
EUR/USD 1,02925 -0,03%
BTC/USD 99.202 -1,29%
ETH/USD 3.336 -3,31%
BTC/USD 99.202 -1,29%
ETH/USD 3.336 -3,31%
Rohstoffthread (Archiv)
- Ersteller Maack
- Erstellt am
- Tagged users Kein(e)
- Status
NioGold
(NOX-TSXV)
The following is extracted from the July 2007-1 Issue of Resource Opportunities
NioGold is a junior gold exploration company with two high potential and well located properties within the mineral rich Malartic and Val-d'Or gold camps in Quebec. That area has undergone an enormous amount of historic work and has numerous past producing and presently producing mines.
The Malartic and Val-d'Or gold camps have produced over 25 million ounces of gold since the early 1900's and is part of the larger Abitibi region that has produced over 170 million ounces of gold. The area is home to current and former producing world-class gold mines with neighboring companies such as Agnico-Eagle Mines (AEM-TSX) and Osisko Exploration (OSK-TSX) that have advanced projects underway.
NioGold's properties make it a major player in this region with land holding that are host to six gold deposits and three past producing mines all located in the center of mining activity.
The Niogold management and geological team has considerable experience. Michael Iverson, President and CEO, has over 30 years experience in the mining industry. Jean Lafleur, M.Sc., P.Geo has 25 years of experience working with companies such as Newmont Canada, Falconbridge Gold, Placer Dome and McWatters Mining. Rock Lefrancois, vice-president and director and Bertrand Brassard, exploration manager, are both P.Geo's with more than 20 years experience and significant time working in the regions of Quebec.
NioGold's Marban property is 9.7 square kilometers with good road access and accessible electricity; located within minutes of the mining town of Val-d'Or in Quebec. The property has 3 former gold producing mines, the Kierens, Norlartic and Marban Mines, which collectively produced 593,000 ounces of gold.
When the Norlartic and Kierens mines were closed down in 1992, the operator, Aur Resources, reported 82,000 ounces of gold resource left undeveloped (before 43-101 compliant rules existed). Numerous significant drill holes that surrounded the mines were also left untouched. In addition, very limited drilling occurred below a depth of 500 meters despite the fact that many gold mineralized systems in the Malartic and Val-d'Or camps occur at depths greater than 1,000 meters. NioGold has made expansion and confirmation drilling on this property a priority.
NioGold completed a 10,000 meter drill program on the Marban property in 2006 with yields up to 9.8 grams per tonne gold over 6.3 meters at the Kierens mine, 5.5 grams per tonne gold over 5.5 meters at the Norlartic mine and 3.6 grams per tonne gold over 26.4 meters at the Marban mine. Expansion drilling in a northern zone on the property yielded 2.8grams per tonne gold over 13.6 meters.
A resource estimate for the Norlartic and Kierens gold zones was released on June 28 showing an indicated resource of 845,000 tonnes at an average grade of 2.66 grams per tonne gold (72,000 ounces gold) and an inferred resource of 3,092,000 tonnes at an average grade of 2.72 grams per tonne gold (270,000 ounces gold). NioGold began a Phase II 35,000 meter drill program on the Marban property in April 2007 and the program will continue to expand and upgrade this resource over the course of the summer. The nearby Osisko (OSK-TSXV) deposit recently released a resource estimate of 85.4 million tonnes at a grade of 1.71 grams per tonne gold (4.7 million ounces gold). NioGold's Camflo property is located 2 kilometers west of the Marban property and is 38.25 square kilometers in size, which makes NioGold the largest landholder in the region. The property has 7 kilometers of under-explored mineralized rock and 5 kilometers of rock with similar characteristics to the producing Camflo mine (1.9 million ounces of gold). Historic work on the property has identified some significant zones with assays up to 276,179 tonnes of 2.62 grams per tonne gold and 1.5 meters of 6.2 grams per tonne gold.
NioGold completed 3,300 meters of drilling and a geophysical survey on the property in 2006. Significant alteration and gold mineralization was discovered with up to 1.2 meters of 9.08 grams per tonne gold. Additional exploration is presently underway.
NioGold's properties are in the center of an action-packed and developing region with properties that have a wealth of historical data. At its current share price, with so much activity on its several projects, NioGold offers considerable upsidepotential for investors.
Price July 9, 2007: C$0.53
Shares Outstanding: 60 million
Shares Fully Diluted: 77 million
Market Cap: C$32 million
Contact: Investor Relations
(604)-856-9887
www.niogold.com
(NOX-TSXV)
The following is extracted from the July 2007-1 Issue of Resource Opportunities
NioGold is a junior gold exploration company with two high potential and well located properties within the mineral rich Malartic and Val-d'Or gold camps in Quebec. That area has undergone an enormous amount of historic work and has numerous past producing and presently producing mines.
The Malartic and Val-d'Or gold camps have produced over 25 million ounces of gold since the early 1900's and is part of the larger Abitibi region that has produced over 170 million ounces of gold. The area is home to current and former producing world-class gold mines with neighboring companies such as Agnico-Eagle Mines (AEM-TSX) and Osisko Exploration (OSK-TSX) that have advanced projects underway.
NioGold's properties make it a major player in this region with land holding that are host to six gold deposits and three past producing mines all located in the center of mining activity.
The Niogold management and geological team has considerable experience. Michael Iverson, President and CEO, has over 30 years experience in the mining industry. Jean Lafleur, M.Sc., P.Geo has 25 years of experience working with companies such as Newmont Canada, Falconbridge Gold, Placer Dome and McWatters Mining. Rock Lefrancois, vice-president and director and Bertrand Brassard, exploration manager, are both P.Geo's with more than 20 years experience and significant time working in the regions of Quebec.
NioGold's Marban property is 9.7 square kilometers with good road access and accessible electricity; located within minutes of the mining town of Val-d'Or in Quebec. The property has 3 former gold producing mines, the Kierens, Norlartic and Marban Mines, which collectively produced 593,000 ounces of gold.
When the Norlartic and Kierens mines were closed down in 1992, the operator, Aur Resources, reported 82,000 ounces of gold resource left undeveloped (before 43-101 compliant rules existed). Numerous significant drill holes that surrounded the mines were also left untouched. In addition, very limited drilling occurred below a depth of 500 meters despite the fact that many gold mineralized systems in the Malartic and Val-d'Or camps occur at depths greater than 1,000 meters. NioGold has made expansion and confirmation drilling on this property a priority.
NioGold completed a 10,000 meter drill program on the Marban property in 2006 with yields up to 9.8 grams per tonne gold over 6.3 meters at the Kierens mine, 5.5 grams per tonne gold over 5.5 meters at the Norlartic mine and 3.6 grams per tonne gold over 26.4 meters at the Marban mine. Expansion drilling in a northern zone on the property yielded 2.8grams per tonne gold over 13.6 meters.
A resource estimate for the Norlartic and Kierens gold zones was released on June 28 showing an indicated resource of 845,000 tonnes at an average grade of 2.66 grams per tonne gold (72,000 ounces gold) and an inferred resource of 3,092,000 tonnes at an average grade of 2.72 grams per tonne gold (270,000 ounces gold). NioGold began a Phase II 35,000 meter drill program on the Marban property in April 2007 and the program will continue to expand and upgrade this resource over the course of the summer. The nearby Osisko (OSK-TSXV) deposit recently released a resource estimate of 85.4 million tonnes at a grade of 1.71 grams per tonne gold (4.7 million ounces gold). NioGold's Camflo property is located 2 kilometers west of the Marban property and is 38.25 square kilometers in size, which makes NioGold the largest landholder in the region. The property has 7 kilometers of under-explored mineralized rock and 5 kilometers of rock with similar characteristics to the producing Camflo mine (1.9 million ounces of gold). Historic work on the property has identified some significant zones with assays up to 276,179 tonnes of 2.62 grams per tonne gold and 1.5 meters of 6.2 grams per tonne gold.
NioGold completed 3,300 meters of drilling and a geophysical survey on the property in 2006. Significant alteration and gold mineralization was discovered with up to 1.2 meters of 9.08 grams per tonne gold. Additional exploration is presently underway.
NioGold's properties are in the center of an action-packed and developing region with properties that have a wealth of historical data. At its current share price, with so much activity on its several projects, NioGold offers considerable upsidepotential for investors.
Price July 9, 2007: C$0.53
Shares Outstanding: 60 million
Shares Fully Diluted: 77 million
Market Cap: C$32 million
Contact: Investor Relations
(604)-856-9887
www.niogold.com
26.07.2007 15:30
Mexivada Worldwide Projects Update
VANCOUVER, July 26 /PRNewswire-FirstCall/ -- La Republica Silver-Gold-Zinc-Lead Project, Yecora District, Chihuahua, Mexico: Mexivada Mining Corp. (Nachrichten) has started its field exploration program at its La Republica property, in preparation for a Phase 1 summer drill program. Updated topographic maps will be made from existing photography and new surveying, to help in the placement of drillholes and other future work. The target sought for at La Republica is a +50,000,000 ounce, high-grade vein-type silver mine, with significant by-product credits for the other metals listed above. The multi-phase nature of the vein system at the surface suggests the possible presence of a hidden, early gold-quartz vein system. Visible gold was found locally in the original mine workings. La Republica yielded approximately 10,000,000 ounces of very high grade silver production between 1906 through 1910 or 1911, even though it was selectively mined down only to the 91.5 metre level. Channel sampling on this level was reported to have assayed 5,990 grams per tonne silver across a 3.65 metre true vein width along a drift length of 33.8 metres. Mexivada is fast-tracking the La Republica project.
Gold Junction Drilling Project, Round Mountain District, Nevada: Mexivada Mining Corp. has successfully completed all 3 holes of its Phase 1 reverse-circulation drilling program at its Gold Junction, Nevada property. The third hole (GJ-07-3) was completed to a depth of 1215 feet (370 metres, "m"), and encountered variably altered tuffaceous volcanic rocks with local zones of silicification and silica veining, as well as local pyritic sulfides. The 3 drill holes were designed to test geophysical and geochemical anomalies for potential Round Mountain/Gold Hill type open pittable volcanic-hosted epithermal gold targets. The drill samples were picked up and are being assayed by ISO-certified ALS Chemex Laboratories in Reno, Nevada. The assays for the 3 holes will be reported when received.
Moly Dome, Nevada, Molybdenum-Copper-Gold Project: Mexivada filed a Notice of Intent to Conduct Exploration drilling at its 100% owned Moly Dome property with the U.S. Bureau of Land Management. Mexivada's geophysical contractor, Durango Geophysical Operations, started conducting a dipole-dipole induced polarization ("IP") survey at Moly Dome, but was temporarily suspended due to a series of large rangeland fires. The IP survey was designed to evaluate molybdenum, copper, and gold mineralization found on the property, and the possibility of finding a large porphyry system associated with this mineralization. During the initial IP survey testing, the contractor's IP transmitter registered anomalous overvoltages in the central target area, interpreted to be due to a redox interaction of sulfides with surface waters. This may indicate the presence of a good size sulfidic mineralized rock body present beneath the thin (0 to 10 m) volcanic cover at Moly Dome. Mexivada expects that drilling will be conducted at Moly Dome in fall 2007.
Ziggurat Gold Project, Round Mountain District, Nevada: Mexivada Mining Corp. has been conducting surface geologic mapping and geochemical sampling program at its large, 100% owned Ziggurat gold project, located 2 miles north of Gold Junction and 4 miles southwest of the very large Carlin-style, Newmont-controlled Northumberland gold mine complex. Mexivada's geologic work at Ziggurat indicates potential for the discovery of near-surface Carlin-style and Bald Mountain (Nevada)-style gold deposits on the property and on adjoining claims controlled by Newmont. Mexivada will now interpret the data and submit a Notice of Intent with the BLM to conduct drilling exploration at Ziggurat.
Mayoko Greenstone Belt Gold and Diamonds Project, ROC Republic of Congo: Mexivada's ROC subsidiary, Compagnie Miniere du Chaillu ("M2C"), has been conducting a steady program of geologic reconnaissance and geochemical exploration of the 8 by +23 kilometre long Mayoko Greenstone belt, which has an Archean rock sequence of similar age to the Witwatersrand gold belt in the Republic of South Africa. More than 1,040 kilograms of alluvial gold was mined at Mayoko after World War II by a French company, which also mined 3 large diamonds there that varied in size from 2 carats to a large white "sharp faced" octahedral gemstone crystal that was reported to be 22 millimetres in size, or approximately 100 carats.
M2C's initial reconnaissance was conducted successfully throughout the rainy season in the Chaillu by its technical staff and local crews. A systematic geochemical grid with more than 650 line-kilometers has been cut across the greenstone belt, exposing rocks likely never before seen by other professional geologists. Stream sediment and soil samples have been collected from one-third of the grid. New exposures are being examined by professional geologists and geological and geochemical information compilation continues for the greenstone belt. No kimberlite pipes have yet been found by the exploration team, but possible indicator mineral and topographic indications of diamond target areas have been generated and are being evaluated systematically. Large areas of prospective diamond terrane still remain to be examined on Mexivada's exclusive gold and raw diamonds concessions areas.
Several new areas of gold mineralization have been found at Mayoko, in sub-parallel mineral trends, and along major strike lengths. Both quartz-gold vein systems and auriferous pyritic banded oxide-facies iron formations ("BIF") have been found and are being evaluated. M2C has been experiencing slow turnarounds in receiving gold assay results. Recent "rush" screen fire gold assays by ALS Chemex Labs from one pyritic BIF zone in the Kouchala area yielded a net 11 grams per tonne gold from a 1 meter channel sample. The sample cuts BIF that contains both pyrite and quartz veins, indicating the possible presence of local high-grade gold zones at Mayoko. Geological reconnaissance and geochemical sampling continues at a rapid pace at Mayoko, during the now-dry summer season. M2C has a secure, modern, cement-construction office and storage facility at Mayoko with satellite internet communications.
Bitsandou Diamond Projects, ROC Republic of Congo: Mexivada's ROC subsidiary, M2C, has been conducting surface geologic and excavator trenching exploration for diamonds in 3 target areas in the central part of the Archean Chaillu Massif, located east of Mexivada's modern field office at Mossendjo. M2C first conducted geological reconnaissance and sampling over target areas defined by Russian geological teams in the 1960s at Bikelele and Mahouta. M2C target areas include zones where large (to +4 carats) white and colored alluvial diamonds were reported to have been mined by local prospectors. M2C excavated and reclaimed 4 exploration trenches with a large traxcavator from nearby Mossendjo. No kimberlite pipes were found in the initial effort, but gold-favorable BIF lithotypes were found in several places near Bikelele. M2C continues prospecting work for white and colored diamonds at Bikelele and in the Carrefour target area, which was defined by the French BRGM north of Bikelele, as well as in other areas of the central massif. M2C's project chief and local ambassador, Professor Dr. Noel Watha-Ndoudy, was born in Mossendjo and has many friends and family residing there.
This press release and its contents have been reviewed by Richard R. Redfern, Mexivada's President, who is a Certified Professional Geologist and Qualified Person as defined under National Instrument 43-101.
Caution Concerning Forward-Looking Statements
This news release and related texts and images on Mexivada's website contain certain "forward-looking statements" including, but not limited to, statements relating to interpretation of mineralization potential, drilling assay results, future exploration work, and the expected results of this work. Forward looking statements are statements that are not historical facts and are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements, including, without limitation: risks related to fluctuations in metals and diamond prices; uncertainties related to raising sufficient financing to fund the planned work in a timely manner and on acceptable terms; changes in planned work resulting from weather, logistical, technical, governmental, social, or other factors; the possibility that results of work will not fulfill expectations and realize the perceived potential of the company's projects; uncertainties involved in the interpretation of sampling and drilling results and other tests; the possibility that required permits may not be obtained in a timely manner; risk of accidents, equipment breakdowns or other unanticipated difficulties or interruptions; the possibility of cost overruns or unanticipated expenses in these work programs.
Forward-looking statements contained in this release are based on the beliefs, estimates, and opinions of management on the date the statements are made. There can be no assurance that such statements will prove accurate. Actual results may differ materially from those anticipated or projected. Mexivada Mining Corp. undertakes no obligation to update these forward-looking statements if management's beliefs, estimates, opinions, or other factors, should change.
About Mexivada Mining Corp. ---------------------------
Mexivada is a diversified Canadian mineral exploration company focused on identifying, acquiring, advancing, and joint venturing high-grade Gold-Silver, Molybdenum, Diamond, and Rare Metal exploration projects in Mexico, Nevada, and the ROC Republic of Congo. Managed by experienced and successful board members and advisors, Mexivada is well financed with no debt. For further information, including area maps and photos, please visit our web site at http://www.mexivada.com/ or contact us by e-mail at info@mexivada.com.
ON BEHALF OF THE BOARD OF DIRECTORS "RICHARD R. REDFERN" Richard R. Redfern President The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
CONTACT: LionsGate Communication Corp., Telephone: (866) 922-6774 or (604) 866-7700, info@mexivada.com, http://www.mexivada.com/
Mexivada Worldwide Projects Update
VANCOUVER, July 26 /PRNewswire-FirstCall/ -- La Republica Silver-Gold-Zinc-Lead Project, Yecora District, Chihuahua, Mexico: Mexivada Mining Corp. (Nachrichten) has started its field exploration program at its La Republica property, in preparation for a Phase 1 summer drill program. Updated topographic maps will be made from existing photography and new surveying, to help in the placement of drillholes and other future work. The target sought for at La Republica is a +50,000,000 ounce, high-grade vein-type silver mine, with significant by-product credits for the other metals listed above. The multi-phase nature of the vein system at the surface suggests the possible presence of a hidden, early gold-quartz vein system. Visible gold was found locally in the original mine workings. La Republica yielded approximately 10,000,000 ounces of very high grade silver production between 1906 through 1910 or 1911, even though it was selectively mined down only to the 91.5 metre level. Channel sampling on this level was reported to have assayed 5,990 grams per tonne silver across a 3.65 metre true vein width along a drift length of 33.8 metres. Mexivada is fast-tracking the La Republica project.
Gold Junction Drilling Project, Round Mountain District, Nevada: Mexivada Mining Corp. has successfully completed all 3 holes of its Phase 1 reverse-circulation drilling program at its Gold Junction, Nevada property. The third hole (GJ-07-3) was completed to a depth of 1215 feet (370 metres, "m"), and encountered variably altered tuffaceous volcanic rocks with local zones of silicification and silica veining, as well as local pyritic sulfides. The 3 drill holes were designed to test geophysical and geochemical anomalies for potential Round Mountain/Gold Hill type open pittable volcanic-hosted epithermal gold targets. The drill samples were picked up and are being assayed by ISO-certified ALS Chemex Laboratories in Reno, Nevada. The assays for the 3 holes will be reported when received.
Moly Dome, Nevada, Molybdenum-Copper-Gold Project: Mexivada filed a Notice of Intent to Conduct Exploration drilling at its 100% owned Moly Dome property with the U.S. Bureau of Land Management. Mexivada's geophysical contractor, Durango Geophysical Operations, started conducting a dipole-dipole induced polarization ("IP") survey at Moly Dome, but was temporarily suspended due to a series of large rangeland fires. The IP survey was designed to evaluate molybdenum, copper, and gold mineralization found on the property, and the possibility of finding a large porphyry system associated with this mineralization. During the initial IP survey testing, the contractor's IP transmitter registered anomalous overvoltages in the central target area, interpreted to be due to a redox interaction of sulfides with surface waters. This may indicate the presence of a good size sulfidic mineralized rock body present beneath the thin (0 to 10 m) volcanic cover at Moly Dome. Mexivada expects that drilling will be conducted at Moly Dome in fall 2007.
Ziggurat Gold Project, Round Mountain District, Nevada: Mexivada Mining Corp. has been conducting surface geologic mapping and geochemical sampling program at its large, 100% owned Ziggurat gold project, located 2 miles north of Gold Junction and 4 miles southwest of the very large Carlin-style, Newmont-controlled Northumberland gold mine complex. Mexivada's geologic work at Ziggurat indicates potential for the discovery of near-surface Carlin-style and Bald Mountain (Nevada)-style gold deposits on the property and on adjoining claims controlled by Newmont. Mexivada will now interpret the data and submit a Notice of Intent with the BLM to conduct drilling exploration at Ziggurat.
Mayoko Greenstone Belt Gold and Diamonds Project, ROC Republic of Congo: Mexivada's ROC subsidiary, Compagnie Miniere du Chaillu ("M2C"), has been conducting a steady program of geologic reconnaissance and geochemical exploration of the 8 by +23 kilometre long Mayoko Greenstone belt, which has an Archean rock sequence of similar age to the Witwatersrand gold belt in the Republic of South Africa. More than 1,040 kilograms of alluvial gold was mined at Mayoko after World War II by a French company, which also mined 3 large diamonds there that varied in size from 2 carats to a large white "sharp faced" octahedral gemstone crystal that was reported to be 22 millimetres in size, or approximately 100 carats.
M2C's initial reconnaissance was conducted successfully throughout the rainy season in the Chaillu by its technical staff and local crews. A systematic geochemical grid with more than 650 line-kilometers has been cut across the greenstone belt, exposing rocks likely never before seen by other professional geologists. Stream sediment and soil samples have been collected from one-third of the grid. New exposures are being examined by professional geologists and geological and geochemical information compilation continues for the greenstone belt. No kimberlite pipes have yet been found by the exploration team, but possible indicator mineral and topographic indications of diamond target areas have been generated and are being evaluated systematically. Large areas of prospective diamond terrane still remain to be examined on Mexivada's exclusive gold and raw diamonds concessions areas.
Several new areas of gold mineralization have been found at Mayoko, in sub-parallel mineral trends, and along major strike lengths. Both quartz-gold vein systems and auriferous pyritic banded oxide-facies iron formations ("BIF") have been found and are being evaluated. M2C has been experiencing slow turnarounds in receiving gold assay results. Recent "rush" screen fire gold assays by ALS Chemex Labs from one pyritic BIF zone in the Kouchala area yielded a net 11 grams per tonne gold from a 1 meter channel sample. The sample cuts BIF that contains both pyrite and quartz veins, indicating the possible presence of local high-grade gold zones at Mayoko. Geological reconnaissance and geochemical sampling continues at a rapid pace at Mayoko, during the now-dry summer season. M2C has a secure, modern, cement-construction office and storage facility at Mayoko with satellite internet communications.
Bitsandou Diamond Projects, ROC Republic of Congo: Mexivada's ROC subsidiary, M2C, has been conducting surface geologic and excavator trenching exploration for diamonds in 3 target areas in the central part of the Archean Chaillu Massif, located east of Mexivada's modern field office at Mossendjo. M2C first conducted geological reconnaissance and sampling over target areas defined by Russian geological teams in the 1960s at Bikelele and Mahouta. M2C target areas include zones where large (to +4 carats) white and colored alluvial diamonds were reported to have been mined by local prospectors. M2C excavated and reclaimed 4 exploration trenches with a large traxcavator from nearby Mossendjo. No kimberlite pipes were found in the initial effort, but gold-favorable BIF lithotypes were found in several places near Bikelele. M2C continues prospecting work for white and colored diamonds at Bikelele and in the Carrefour target area, which was defined by the French BRGM north of Bikelele, as well as in other areas of the central massif. M2C's project chief and local ambassador, Professor Dr. Noel Watha-Ndoudy, was born in Mossendjo and has many friends and family residing there.
This press release and its contents have been reviewed by Richard R. Redfern, Mexivada's President, who is a Certified Professional Geologist and Qualified Person as defined under National Instrument 43-101.
Caution Concerning Forward-Looking Statements
This news release and related texts and images on Mexivada's website contain certain "forward-looking statements" including, but not limited to, statements relating to interpretation of mineralization potential, drilling assay results, future exploration work, and the expected results of this work. Forward looking statements are statements that are not historical facts and are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements, including, without limitation: risks related to fluctuations in metals and diamond prices; uncertainties related to raising sufficient financing to fund the planned work in a timely manner and on acceptable terms; changes in planned work resulting from weather, logistical, technical, governmental, social, or other factors; the possibility that results of work will not fulfill expectations and realize the perceived potential of the company's projects; uncertainties involved in the interpretation of sampling and drilling results and other tests; the possibility that required permits may not be obtained in a timely manner; risk of accidents, equipment breakdowns or other unanticipated difficulties or interruptions; the possibility of cost overruns or unanticipated expenses in these work programs.
Forward-looking statements contained in this release are based on the beliefs, estimates, and opinions of management on the date the statements are made. There can be no assurance that such statements will prove accurate. Actual results may differ materially from those anticipated or projected. Mexivada Mining Corp. undertakes no obligation to update these forward-looking statements if management's beliefs, estimates, opinions, or other factors, should change.
About Mexivada Mining Corp. ---------------------------
Mexivada is a diversified Canadian mineral exploration company focused on identifying, acquiring, advancing, and joint venturing high-grade Gold-Silver, Molybdenum, Diamond, and Rare Metal exploration projects in Mexico, Nevada, and the ROC Republic of Congo. Managed by experienced and successful board members and advisors, Mexivada is well financed with no debt. For further information, including area maps and photos, please visit our web site at http://www.mexivada.com/ or contact us by e-mail at info@mexivada.com.
ON BEHALF OF THE BOARD OF DIRECTORS "RICHARD R. REDFERN" Richard R. Redfern President The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
CONTACT: LionsGate Communication Corp., Telephone: (866) 922-6774 or (604) 866-7700, info@mexivada.com, http://www.mexivada.com/
Mexivada Mining Corp. has just wheeled a crackerjack acquisition deal that has the entire Vancouver mining community drunk
with envy.
It's true. Let me explain...
About a week and a half ago, Mexivada obtained the exclusive option rights to purchase a 100% interest in an extraordinarily promising, super high-grade silver property in Mexico called La
Republica. Now, I'm sure that you've heard the embellished tales of “highly prospective” silver and gold properties about a million
times during the course of your investment career. Hell, I know I have. If I had a nickel for every time I heard that old cock-and-bull rap, I could afford a solid gold Rolls Royce for every day of the week. So what separates La Republica from other precious metal properties?
Well, it turns out that the Republica mine was once the single highest grade silver producer throughout Mexico! The mine produced silver from ore that assayed over a whopping 3,700 grams
per ton silver!
And, by the way, for those of you who don't already know, Mexico was once the largest silver producing nation in the world. The country proudly held this title for centuries until 2005 when Peru
took over the title as the world's top silver producer. Mexico is still the second largest silver producer and pumped out about 96.4 million ounces in 2006.
So you can just imagine my excitement when I learn that our tiny CAD$22.5 million company has just obtained the rights to purchase this incredible piece of land.
Viva La Republica!
The 55.6043 hectare Republica property is located in the western region of the state of Chihuahua, Mexico and lies within the prolific Sierra Madre Occidental gold/silver belt. This is very significant because the Sierra Madre Occidental belt is home to many other significant precious metal mines
including:
● Goldcorp Inc.'s El Sauzal mine – 1.7 million ounces of proved and probable gold reserves and
produced nearly 300,000 ounces of in 2006;
● Gammon Gold Inc.'s Ocompo project – 4.2 million ounces of proved and probable goldequivalent
reserves;
● Bolnisi Gold NL and Palmarejo Silver and Gold Corp.'s Palmarejo/Trogan project – 2.59 million
ounces of measured and indicated gold resources plus 0.5 million ounces of indicated gold
resources;
● Minefinders Corporation Ltd's Dolores project – measured and indicated resources total 3.06
million ounces of gold and 149 million ounces of silver. Additional resources of 667,000 ounces
of gold and 27.7 million ounces of silver have also been internally estimated;
● Alamos Gold Inc.'s Mulatos Mine – 2.05 million ounces of proved and probable gold reserves
plus another 3.44 million ounces of measured and indicated resources at a 0.5 g/t cutoff; and
● Agnico-Eagle Mines Ltd's Pinos Altos – 1.837 million ounce of probable gold reserves plus
0.503 million indicated gold resources;
The area is also home many earlier stage exploration level properties including:
● Chesapeake Gold Corp.'s La Juliana project – rock chip samples returned 3.5 g/t Au over 22.5
meters, 4.0 g/t Au over 9 meters, and 0.7 g/t Au over 17 meters;
● Grayd Resource's La India property – rock chip samples assayed 6 g/t Au over 5.2 meters, 2.05
g/t Au over 14.0 meters, and 8.43 g/t Au over 2.0 meters; and
● Hochschild Mining PLC and Exmin Resource Inc.'s Moris project – rock chip samples assayed
29.00 g/t Au and 522 g/t Ag, 0.72 g/t Au and 421 g/t Ag, 2.09 g/t Au and 461 g/t Ag, and 2.66 g/t
Au and 621 g/t Ag over 0.8 meters.
The new Republica property is also only 12 kilometers south Mexivada's 1,041.244 hectare Yécora
property, where recent drill results returned an impressive 22.3 g/t Au and 1,640 g/t Ag over a 0.5
meter drill core interval. The close proximity of the two properties is significant because if La
Republica Mine is put back into production, Mexivada could economically truck ore from the
Yécora property with no sweat of their back.
Property History
The mineral potential of La Republica was first discovered back in 1904 by a man named Manuel
Amado, who, at that time, owned the land.
Shortly after the initial mineral discovery, four men from Minaca, who were better trained in
geology, named Messrs, Gibbs, White, and Alexander examined La Republica a bit closer and
convinced Amado to sell it to them. And although I could not find any information on how much the four men from Minaca actually paid for the property, I'm almost certain that Mr. Amado got the
wrong end of the stick.
According to a report on La Republica that was later commission by the United States and Mexican Trust Company in 1907, Mr. Amado worked as a simple rancher on the property. In other words, he
was certainly not a trained geologist and had no way of knowing exactly what had on his hands.
I assume, however, that Mr. Amado must have known at least a little bit about mineral exploration to
have originally discovered La Republic's precious metal potential. And I'm almost positive he had serious sellers remorse once he learned what Messrs, Gibbs, White and Alexander found on there.
The four Minacan men sunk a shaft into La Republica to a depth of over 100 feet and drove two short levels on a vein that they discovered. The ore that they recovered from this effort was nothing short of amazing.
A total of 1,000 tons of ore was mined from these shafts and drifts. This ore assayed over a whopping 3,500 grams per ton silver! A total of 79 tons of picked ore was shipped to the El Paso
Smelting Works. From that ore, a total of 32,567 ounces of silver was recovered, for which, after deducting treatment and freight charges, the American Smelting and Refining Company paid
USD$17,260.96. For those of you counting, that's worth nearly USD$375,000 today. Not bad for a few months work at that time. After this there was no simply stopping La Republica from going into full-scale production.
Following the mind-numbing high-grade ore recovered by Messrs, Gibbs, White, and Alexander, La Republica flowered into life and become a producing silver property. The average mill head grade of
ore above the 166 foot level, calculated in late 1906 and reported in the United States and Mexican Trust Company report of 1907, was a honking 3,759 grams per ton silver!
Engineering summaries and longitudinal sections created around this time showed even higher grades. Two reports in 1907 and 1908 reported an average 3.66 meter vein width on the 300 foot
level of the Republica vein that assayed and average 4,961 grams per ton silver along a 33.8 meter
horizontal length of the north drift. Also significant is that these sections indicated that the
Republica vein thickened to the 300 foot level from a vein width of 1.66 meters near the surface suggesting to me that it may thicken even further as it dips.
By 1909 the mine was reported to have produced more than 10,000,000 ounces of silver at high grades. And everything was strawberries and puppy dogs until 1911 after the Mexican Revolution
broke out and the mine was forced to shut down. Nearly 7% of Mexico's population died during the 11 year conflict and the mining industry was jerked to a screeching stop.
La Republica Mine sat dormant for over 25 years after the Mexican Revolution began. It wasn't until 1937 when La Republica was reopened for a brief renewed mine production from the surface down
to the 110 foot level. But after only a few months into renewed production, disaster struck. The main stope collapsed inside the mine because workers greedily removed the high-grade roof-support
pillars and the mine caved in. La Republica was shut down again.
The mine changed hands a few more times and had another brief exploration revival in the late 1950s and early 1960s.
Finally in La Republica ended up in the hands of Mr. Alfonso Marquez. Mr. Marquez conducted drifting and winzing exploration and in 1997 recovered near surface samples that assayed 497 g/t Ag
and 1,000 g/t Ag.
But Mr. Marquez didn't have the working capital to turn La Republica back into the great silver producer that it once was. So, Marquez agreed to option La Republica to Mexivada.
The Republica mine property consists of two 50-year mining exploitation concessions granted by the Mexican federal government. These two concessions enclose the known mine workings at La Republica. The surface rights to the property are owned privately by local ranchers, with whom Mexivada has obtained permission to enter and conduct work. So there's no problem there.
Under the terms of the option agreement, Mexivada must pay USD$2 million, payable in increasing installments over a 4-year period, subject to a 1% net smelter return royalty that may be purchased at
any time for the sum of USD$1.250 million. A production bonus of $1,000,000 is to be paid to the
vendors nine months after the start of commercial mine production in excess of 5,000 tons of ore.
Current and Future Work
Mexivada's initial surface sampling to the north of the main stope yielded a 2 meter channel sample that assayed an impressive 1,230 g/t Ag 2 g/t gold, 0.88% zinc, and 0.31% lead.The Republica
mineral system remains open to the north and to the south of the mined and studied part of the area, and the vein was reported to occur along a strike length of 2 kilometers.
Mexivada has initiated a program of surveying, sampling, and mapping of the La Republica property. After that, Mexivada will mobilize a core drilling rig to the site within the next month to
test the La Republica mine area. The initial drillholes will test the downdip extension of the main La Republica stope below the 300 foot mine level, as well as the northern and southern extensions of
the Republica vein system.
Conclusion
I'm extremely excited to see how La Republica story plays out. It's very rare that you see a precious metal property of this caliber with such a colorful history end up in the hands of a tiny junior exploration company like Mexivada.
If drill results from La Republica come back as positive as I believe they will, I'm certain that MNV will be trading much higher than it is today. In the near term, keep your eye out on news of the detailed drill program and continue buying the stock at current levels. It's a steal.[/b]
with envy.
It's true. Let me explain...
About a week and a half ago, Mexivada obtained the exclusive option rights to purchase a 100% interest in an extraordinarily promising, super high-grade silver property in Mexico called La
Republica. Now, I'm sure that you've heard the embellished tales of “highly prospective” silver and gold properties about a million
times during the course of your investment career. Hell, I know I have. If I had a nickel for every time I heard that old cock-and-bull rap, I could afford a solid gold Rolls Royce for every day of the week. So what separates La Republica from other precious metal properties?
Well, it turns out that the Republica mine was once the single highest grade silver producer throughout Mexico! The mine produced silver from ore that assayed over a whopping 3,700 grams
per ton silver!
And, by the way, for those of you who don't already know, Mexico was once the largest silver producing nation in the world. The country proudly held this title for centuries until 2005 when Peru
took over the title as the world's top silver producer. Mexico is still the second largest silver producer and pumped out about 96.4 million ounces in 2006.
So you can just imagine my excitement when I learn that our tiny CAD$22.5 million company has just obtained the rights to purchase this incredible piece of land.
Viva La Republica!
The 55.6043 hectare Republica property is located in the western region of the state of Chihuahua, Mexico and lies within the prolific Sierra Madre Occidental gold/silver belt. This is very significant because the Sierra Madre Occidental belt is home to many other significant precious metal mines
including:
● Goldcorp Inc.'s El Sauzal mine – 1.7 million ounces of proved and probable gold reserves and
produced nearly 300,000 ounces of in 2006;
● Gammon Gold Inc.'s Ocompo project – 4.2 million ounces of proved and probable goldequivalent
reserves;
● Bolnisi Gold NL and Palmarejo Silver and Gold Corp.'s Palmarejo/Trogan project – 2.59 million
ounces of measured and indicated gold resources plus 0.5 million ounces of indicated gold
resources;
● Minefinders Corporation Ltd's Dolores project – measured and indicated resources total 3.06
million ounces of gold and 149 million ounces of silver. Additional resources of 667,000 ounces
of gold and 27.7 million ounces of silver have also been internally estimated;
● Alamos Gold Inc.'s Mulatos Mine – 2.05 million ounces of proved and probable gold reserves
plus another 3.44 million ounces of measured and indicated resources at a 0.5 g/t cutoff; and
● Agnico-Eagle Mines Ltd's Pinos Altos – 1.837 million ounce of probable gold reserves plus
0.503 million indicated gold resources;
The area is also home many earlier stage exploration level properties including:
● Chesapeake Gold Corp.'s La Juliana project – rock chip samples returned 3.5 g/t Au over 22.5
meters, 4.0 g/t Au over 9 meters, and 0.7 g/t Au over 17 meters;
● Grayd Resource's La India property – rock chip samples assayed 6 g/t Au over 5.2 meters, 2.05
g/t Au over 14.0 meters, and 8.43 g/t Au over 2.0 meters; and
● Hochschild Mining PLC and Exmin Resource Inc.'s Moris project – rock chip samples assayed
29.00 g/t Au and 522 g/t Ag, 0.72 g/t Au and 421 g/t Ag, 2.09 g/t Au and 461 g/t Ag, and 2.66 g/t
Au and 621 g/t Ag over 0.8 meters.
The new Republica property is also only 12 kilometers south Mexivada's 1,041.244 hectare Yécora
property, where recent drill results returned an impressive 22.3 g/t Au and 1,640 g/t Ag over a 0.5
meter drill core interval. The close proximity of the two properties is significant because if La
Republica Mine is put back into production, Mexivada could economically truck ore from the
Yécora property with no sweat of their back.
Property History
The mineral potential of La Republica was first discovered back in 1904 by a man named Manuel
Amado, who, at that time, owned the land.
Shortly after the initial mineral discovery, four men from Minaca, who were better trained in
geology, named Messrs, Gibbs, White, and Alexander examined La Republica a bit closer and
convinced Amado to sell it to them. And although I could not find any information on how much the four men from Minaca actually paid for the property, I'm almost certain that Mr. Amado got the
wrong end of the stick.
According to a report on La Republica that was later commission by the United States and Mexican Trust Company in 1907, Mr. Amado worked as a simple rancher on the property. In other words, he
was certainly not a trained geologist and had no way of knowing exactly what had on his hands.
I assume, however, that Mr. Amado must have known at least a little bit about mineral exploration to
have originally discovered La Republic's precious metal potential. And I'm almost positive he had serious sellers remorse once he learned what Messrs, Gibbs, White and Alexander found on there.
The four Minacan men sunk a shaft into La Republica to a depth of over 100 feet and drove two short levels on a vein that they discovered. The ore that they recovered from this effort was nothing short of amazing.
A total of 1,000 tons of ore was mined from these shafts and drifts. This ore assayed over a whopping 3,500 grams per ton silver! A total of 79 tons of picked ore was shipped to the El Paso
Smelting Works. From that ore, a total of 32,567 ounces of silver was recovered, for which, after deducting treatment and freight charges, the American Smelting and Refining Company paid
USD$17,260.96. For those of you counting, that's worth nearly USD$375,000 today. Not bad for a few months work at that time. After this there was no simply stopping La Republica from going into full-scale production.
Following the mind-numbing high-grade ore recovered by Messrs, Gibbs, White, and Alexander, La Republica flowered into life and become a producing silver property. The average mill head grade of
ore above the 166 foot level, calculated in late 1906 and reported in the United States and Mexican Trust Company report of 1907, was a honking 3,759 grams per ton silver!
Engineering summaries and longitudinal sections created around this time showed even higher grades. Two reports in 1907 and 1908 reported an average 3.66 meter vein width on the 300 foot
level of the Republica vein that assayed and average 4,961 grams per ton silver along a 33.8 meter
horizontal length of the north drift. Also significant is that these sections indicated that the
Republica vein thickened to the 300 foot level from a vein width of 1.66 meters near the surface suggesting to me that it may thicken even further as it dips.
By 1909 the mine was reported to have produced more than 10,000,000 ounces of silver at high grades. And everything was strawberries and puppy dogs until 1911 after the Mexican Revolution
broke out and the mine was forced to shut down. Nearly 7% of Mexico's population died during the 11 year conflict and the mining industry was jerked to a screeching stop.
La Republica Mine sat dormant for over 25 years after the Mexican Revolution began. It wasn't until 1937 when La Republica was reopened for a brief renewed mine production from the surface down
to the 110 foot level. But after only a few months into renewed production, disaster struck. The main stope collapsed inside the mine because workers greedily removed the high-grade roof-support
pillars and the mine caved in. La Republica was shut down again.
The mine changed hands a few more times and had another brief exploration revival in the late 1950s and early 1960s.
Finally in La Republica ended up in the hands of Mr. Alfonso Marquez. Mr. Marquez conducted drifting and winzing exploration and in 1997 recovered near surface samples that assayed 497 g/t Ag
and 1,000 g/t Ag.
But Mr. Marquez didn't have the working capital to turn La Republica back into the great silver producer that it once was. So, Marquez agreed to option La Republica to Mexivada.
The Republica mine property consists of two 50-year mining exploitation concessions granted by the Mexican federal government. These two concessions enclose the known mine workings at La Republica. The surface rights to the property are owned privately by local ranchers, with whom Mexivada has obtained permission to enter and conduct work. So there's no problem there.
Under the terms of the option agreement, Mexivada must pay USD$2 million, payable in increasing installments over a 4-year period, subject to a 1% net smelter return royalty that may be purchased at
any time for the sum of USD$1.250 million. A production bonus of $1,000,000 is to be paid to the
vendors nine months after the start of commercial mine production in excess of 5,000 tons of ore.
Current and Future Work
Mexivada's initial surface sampling to the north of the main stope yielded a 2 meter channel sample that assayed an impressive 1,230 g/t Ag 2 g/t gold, 0.88% zinc, and 0.31% lead.The Republica
mineral system remains open to the north and to the south of the mined and studied part of the area, and the vein was reported to occur along a strike length of 2 kilometers.
Mexivada has initiated a program of surveying, sampling, and mapping of the La Republica property. After that, Mexivada will mobilize a core drilling rig to the site within the next month to
test the La Republica mine area. The initial drillholes will test the downdip extension of the main La Republica stope below the 300 foot mine level, as well as the northern and southern extensions of
the Republica vein system.
Conclusion
I'm extremely excited to see how La Republica story plays out. It's very rare that you see a precious metal property of this caliber with such a colorful history end up in the hands of a tiny junior exploration company like Mexivada.
If drill results from La Republica come back as positive as I believe they will, I'm certain that MNV will be trading much higher than it is today. In the near term, keep your eye out on news of the detailed drill program and continue buying the stock at current levels. It's a steal.[/b]
Das sind einfach nur Gewinnmitnahmen um Cash im Marktumfeld zu generieren. Sehr volatil,
da nur 52 % gehandelt werden. Rest in der Hand vom Management und Fonds. Kann sehr schnell
wieder nach oben laufen bei der nächsten guten News.
Danke!
Sehe gerade, die anderen Explorer erwischt es teilweise viel heftiger...
Sehe gerade, die anderen Explorer erwischt es teilweise viel heftiger...
Das sind einfach nur Gewinnmitnahmen um Cash im Marktumfeld zu generieren. Sehr volatil,
da nur 52 % gehandelt werden. Rest in der Hand vom Management und Fonds. Kann sehr schnell
wieder nach oben laufen bei der nächsten guten News.
Bei den Raketenwerten gibt es wirklich gute Kaufkurse auf Jahressicht! Mein Kauf bei Sparton war bei 0,27 cad.
Danke!
Sehe gerade, die anderen Explorer erwischt es teilweise viel heftiger...
Das sind einfach nur Gewinnmitnahmen um Cash im Marktumfeld zu generieren. Sehr volatil,
da nur 52 % gehandelt werden. Rest in der Hand vom Management und Fonds. Kann sehr schnell
wieder nach oben laufen bei der nächsten guten News.
Bei den Raketenwerten gibt es wirklich gute Kaufkurse auf Jahressicht! Mein Kauf bei Sparton war bei 0,27 cad.
Danke!
Sehe gerade, die anderen Explorer erwischt es teilweise viel heftiger...
Das sind einfach nur Gewinnmitnahmen um Cash im Marktumfeld zu generieren. Sehr volatil,
da nur 52 % gehandelt werden. Rest in der Hand vom Management und Fonds. Kann sehr schnell
wieder nach oben laufen bei der nächsten guten News.
Konnte mich nicht zurück halten und habe nachgekauft, dafür aber auch eine Depotleiche entsorgt.
Bei den Raketenwerten gibt es wirklich gute Kaufkurse auf Jahressicht! Mein Kauf bei Sparton war bei 0,27 cad.
Danke!
Sehe gerade, die anderen Explorer erwischt es teilweise viel heftiger...
Das sind einfach nur Gewinnmitnahmen um Cash im Marktumfeld zu generieren. Sehr volatil,
da nur 52 % gehandelt werden. Rest in der Hand vom Management und Fonds. Kann sehr schnell
wieder nach oben laufen bei der nächsten guten News.
Konnte mich nicht zurück halten und habe nachgekauft, dafür aber auch eine Depotleiche entsorgt.
Gut gemacht!! Ich poste immer ungern meine Kaufkurse weil ich die hier vorgestellten Werte als
Langfrist position sehe und es im Zweifelsfall nicht unbedingt hilfreich ist.
Gut gemacht!! Ich poste immer ungern meine Kaufkurse weil ich die hier vorgestellten Werte als
Langfrist position sehe und es im Zweifelsfall nicht unbedingt hilfreich ist.
Stimmt
Jul 26, 2007 14:35 ET
First Majestic Silver Corp.: Second Quarter Silver Production Increases
VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 26, 2006) - FIRST MAJESTIC SILVER CORP. (First Majestic or the "Company") (TSX VENTURE:FR)(PINK SHEETS:FRMSF)(FRANKFURT:FMV)(WKN:A0LHKJ) is pleased to announce that silver production in the second quarter ending June 30th, 2007 has increased by 13% over the prior quarter to 852,721 equivalent ounces of silver which is also an increase of 298% over the same quarter ending June 2006.
The increase is primarily due to a 259% increase in production, compared with the same quarter in 2006, at the Company's flagship La Parrilla Silver Mine. La Parrilla's production of silver equivalent is also up 37% from the first quarter ending March 31, 2007. Also, at the La Encantada Silver Mine, production increased 12% over the prior quarter and 85% over the quarter ended December 31, 2006.
The equivalent silver production for the quarter consisted of 782,674 ounces of silver, an increase of 9% over the previous quarter, 604 ounces of gold and 534,324 pounds of lead, showing an increase respectively of 16% and 63% from the previous quarter. Management is confident that increases in silver production will continue into the third and fourth quarters and that production levels will meet targets for these periods.
Production for this quarter was under target due to equipment replacements that were required at the La Parrilla and La Encantada mills. In April, the primary and secondary crushers at La Parrilla were replaced to accommodate the increased production being fed through the mill. The new La Parrilla crushers have a daily capacity of 1400tpd which exceeds the overall mill capacity of 800tpd. At La Encantada, one of the power plants was repaired in April and May, again as a result of running the operation at higher capacities. The older equipment was required to be replaced and thus a new power plant was purchase in June and is being installed to accommodate the increased production levels. The La Encantada mill is now running at 80% capacity, an improvement from 30% in November 2006 when First Majestic took over operations of La Encantada.
Complementing the seven pieces of underground Trucks, Scoop Trams and Jumbo purchased in 2006, a new agreement was signed with Sandvik AB to acquire an additional eleven underground machines. Two pieces have already arrived and all equipment will arrive prior to December. This underground mining equipment will be spread throughout the Company's three mines. These new machines are larger and more efficient then what is presently being used and will assist in further optimizing the operations. As part of the agreement, First Majestic and Sandvik agreed on a financing facility which spreads the payments out over the next two years.
Reserve and Resource development remains to be a high priority of the Company. Presently nine drill rigs are operating; six at La Parrilla and three at San Martin Silver Mine. Two additional rigs are on the way to San Martin and should be mobilized within two weeks. In addition, two drill rigs are being added at La Encantada; one this month and the second in August. During the quarter, all three mines received newly updated NI 43-101 Resource estimates. Management was pleased to see the Reserve and Resource development and estimates at both the La Parrilla and La Encantada were well ahead of expectations. Also, a total of 8,379 meters of diamond drilling was completed over 28 holes at La Parrilla and 693 metres of diamond drilling over 12 holes was completed at San Martin during the quarter. Significant underground development is also continuing at all three operations with a total of 4,985 meters being completed during the quarter. This activity is ongoing and is for the purpose of mining activity, grade control, development of additional resources and exploration. In addition, during the quarter an IP and AR Geophysics program of approximately 50 km commenced on the newly acquired land package surrounding the La Parrilla mine.
The following summary tables were taken from the completed La Parrilla Silver Mine, San Martin Silver Mine and La Encantada Silver Mine NI 43-101 Technical Reports prepared by QPs Leonel Lopez, CPG-Principal Geologist and Richard Addison, PE, C.Eng., Principal Process Engineer, both of Pincock Allen & Holt, Lakewood, Colorado (PAH). These three properties are wholly-owned by First Majestic. It should be noted that Proven and Probable Mineral Reserves and Total Measured + Indicated Resources and Total Inferred Resources in the tables below are exclusive of each other and are not combined. The calculation of Measured + Indicated Resources assumes 100 percent "in situ" resources and does not include mine dilution, nor mine and metallurgical recovery. All estimates based on Minimum Mining Width greater than 2.00m. No mine recovery included. Inferred resources are presented in rounded figures. All silver grades are reported in grams per metric tonne, while Pb and Zn are reported in percentage (%). All Reserve / Resource estimates have been prepared in accordance with Best Practice Guidelines adopted by CIM on November 14, 2004, as amended.
Reserves (Proven and Probable)
--------------------------------------------------------------------------
Silver
Silver Silver Including
Grade Only Credits
Mine Tonnage (g/t) (oz) (oz)
--------------------------------------------------------------------------
La Parrilla Silver Mine (A) 403,014 271 3,517,109 3,660,727
San Martin Silver Mine (B) 492,023 290 4,594,804 4,962,389
La Encantada Silver Mine (C) 633,506 403 8,206,336 8,389,646
--------------------------------------------------------------------------
Total 17,012,762
--------------------------------------------------------------------------
Resources (Measured + Indicated)
--------------------------------------------------------------------------
Silver
Silver Silver Including
Grade Only Credits
Mine Tonnage (g/t) (oz) (oz)
--------------------------------------------------------------------------
La Parrilla Silver Mine (A) 1,095,703 358 12,632,006 13,169,493
San Martin Silver Mine(B) 1,797,965 250 14,451,468 15,624,740
La Encantada Silver Mine (C) 1,414,470 276 12,548,168 12,957,533
--------------------------------------------------------------------------
Total 41,751,766
--------------------------------------------------------------------------
Resources (Inferred)
--------------------------------------------------------------------------
Silver
Silver Silver Including
Grade Only Credits
Mine Tonnage (g/t) (oz) (oz)
--------------------------------------------------------------------------
La Parrilla Silver Mine (A) 4,109,291 255 33,744,510 35,784,493
San Martin Silver Mine (B) 2,737,800 201 17,750,000 22,665,655
La Encantada Silver Mine (C) 1,479,023 200 9,587,585 10,015,550
--------------------------------------------------------------------------
Total 68,465,698
--------------------------------------------------------------------------
(A) La Parrilla Silver Mine
-----------------------
(1) Silver equivalent based on sales. Prices used for evaluation: Ag -
US$10/oz; Au - US$570/oz; Pb - US$0.50/lb.
(2) Oxides Ag equivalent includes Gold Credit based on FMRM sales. Au
Credit equals 0.15 g/tonne Au X Met. Rec X Payable Au X Au price equals
$1.61 equals 5 g/tonne Ag.
(3) Sulphides Ag equivalent includes Pb credit equals 20.6 g/tonne Ag. Pb
Credit equals (1.00 X 2204/100) X 0.70 X 0.85 X US$0.50 equals
US$6.61/tonne.
(4) Cut Off Grade estimated as 225 g/tonne Ag net of Au credit in oxide
ores; and 235 g/tonne Ag net of Pb credit in sulphide ores. Zinc not
considered.
(B) San Martin Silver Mine
----------------------
(1) Mineral Reserves are estimated as Mineable Reserves, including
estimates of mine dilution and recovery in addition to 8% credit for
Au and Pb based on sales records for 2006. These reserves do not
include metallurgical recovery.
(2) Silver equivalent ounces are 8% of the silver content, based on the
contribution of Pb and Au to revenue for 2006.
(3) The resources categories in the PAH Technical Report used an economic
cut-off grade based solely on silver for the total operating costs and
process recoveries of 5.84 oz Ag/tonne or 182g Ag/tonne. PAH's economic
breakeven cut-off grade including the gold & lead contribution for 2006
of 8% of silver sales, converted to an equivalent silver grade was
5.38 oz Ag equivalent/tonne or 167g Ag Eqv/tonne. In order to report
the equivalent silver values, 182 g/tonne Ag was used in the report and
the silver equivalent values are calculated according to the following
formula: Ag Eqv. oz. equals $52(($10.00x0.891)+$0.75), where $0.75 is
equivalent to 8% of silver sales as contribution of Pb + Au for 2006;
$52 is total operating cost per tonne and $10 is the price per Ag
ounce.
(4) Inferred resources are estimated as silver only for oxidized
mineralization, including 8% contribution for Pb and Au, based on
sales records.
(5) Inferred resources in sulfides mineralization are estimated as silver
equivalent with contributions by Pb and Zn based on prices as follows:
Ag-$10/oz; Pb-$0.50/lb and Zn-$1.50/lb, or the equivalent of Pb-1%
equals 34 g Ag/tonne, and Zn-1% equals 103 g Ag/tonne. These resource
estimates are "in situ" resources and do not include mine dilution,
mine and metallurgical recoveries, nor freight, or smelter and refining
charges.
(C) La Encantada Silver Mine
------------------------
(1) Cut Off Grade estimated as 271 g/tonne Ag only; and 262 g/tonne Ag eq
net of Pb credit. (COG equals Operating Costs / Ag $10/oz X Mill
Recovery X Smelter Payment).
(2) Silver equivalent includes Pb credit, at prices US$10/oz-Ag,
$0.50/lb-Pb. Pb credit equals 9 g/tonne-Ag. (Pb revenue) equals (Pb in
concentrates X 63% X 0.50/lb). Pb credit equals 9 g/tonne Ag.
(3) Mining dilution is included at a minimum mining width of 2.00m.
Estimates do not include mining recovery.
(5) Zinc is not recovered at this time.
(6) Dump stockpile included in Measured Resource.
(7) La Morena sulphides deposit requires additional test work.
Presently, all drilling activity at the San Martin is taking place from underground areas. This drill program is focusing on developing oxide resources in the upper parts of the mine. During the quarter, surface geological mapping was taking place to define diamond drill targets in the North-South structural system where some intersections of high grade silver ore are indicating new areas of interest. Also, a new exploration target in the Rosario-Condesa system was defined (Cinco Senores) where some old workings were discovered. The two drill rigs arriving shortly will be focusing on these areas from surface.
At La Encantada, a total of 744 metres of pressure drilling was completed in the tailing ponds. A 50 meter grid consisting of 49 holes was drilled into Tailings Pond 1 & 2. The purpose of this program was to define additional resources which were not included in the last NI 43-101 report. Initial metallurgical tests completed by SGS de Mexico, SA de CV., lab in Durango City confirmed the possibility of economically recovering the silver contained in these tailings ponds. An economic evaluation is currently underway to evaluate the feasibility of adding a cyanidation circuit to the mill and what level of expansion would be most optimal.
At the Company's recently acquired San Juan and Perseverancia silver mines located in Chalchihuites about 60 kilometres away from the La Parrilla, mine development and exploration is continuing. A 600 metre ramp is under construction at San Juan, with 300 metres completed to date. 50 tonnes of high grade ore is being removed from the mine daily and being shipped to the La Parrilla mill. The final payment for the Perseverancia was made in the quarter ending June 30, resulting in the Company now owning 100% of this high grade silver mine. This past-producing mine is presently being upgraded and rehabilitated to start production on its high grade chimney areas. Ore production is expected to start at the Perseverancia in the latter half of the third quarter at a rate of 50 tonnes per day. This ore will be shipped to the La Parrilla mill for processing.
Also in the quarter the Company was pleased to receive the permit for the construction of a new tailings dam for the La Parrilla mine. Construction of this new dam began in the second week of May and is expected to be completed within 6 months.
First Majestic is a producing silver company focused in Mexico and is aggressively pursuing its business plan to become a senior silver producer through the development of its existing assets and the pursuit through acquisition of additional assets that contribute to achieving its corporate growth objectives.
FIRST MAJESTIC SILVER CORP.
Keith Neumeyer, President & CEO
This press release includes certain "Forward-Looking Statements" within the meaning of section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein, including without limitation, statements regarding potential mineralization and reserves, exploration results and future plans and objectives of First Majestic Silver Corp. are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
Cautionary Notes to U.S. Investors Concerning Reserve and Resource Estimates
The definitions of proven and probable reserves used in National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") differ from the definitions in the United States Securities and Exchange Commission ("SEC") Industry Guide 7. Under SEC Guide 7 standards, a "Final" or "Bankable" feasibility study is required to report reserves, the three year history average price is used in any reserve or cash flow analysis to designate reserves and the primary environmental analysis or report must be filed with the appropriate governmental authority.
In addition, the terms "mineral resource", "measured mineral resource", "indicated mineral resource" and "inferred mineral resource" are defined in and required to be disclosed by NI 43-101; however, these terms are not defined terms under SEC Industry Guide 7 and normally are not permitted to be used in reports and registration statements filed with the SEC. Investors are cautioned not to assume that any part or all of mineral deposits in these categories will ever be converted into reserves. "Inferred mineral resources" have a great amount of uncertainty as to their existence, and great uncertainty as to their economic and legal feasibility. It cannot be assumed that all or any part of an inferred mineral resource will ever be upgraded to a higher category. Under Canadian rules, estimates of inferred mineral resources may not form the basis of feasibility or pre-feasibility studies, except in rare cases.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
Hier fett unter pari!!
First Majestic Silver Corp.: Second Quarter Silver Production Increases
VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 26, 2006) - FIRST MAJESTIC SILVER CORP. (First Majestic or the "Company") (TSX VENTURE:FR)(PINK SHEETS:FRMSF)(FRANKFURT:FMV)(WKN:A0LHKJ) is pleased to announce that silver production in the second quarter ending June 30th, 2007 has increased by 13% over the prior quarter to 852,721 equivalent ounces of silver which is also an increase of 298% over the same quarter ending June 2006.
The increase is primarily due to a 259% increase in production, compared with the same quarter in 2006, at the Company's flagship La Parrilla Silver Mine. La Parrilla's production of silver equivalent is also up 37% from the first quarter ending March 31, 2007. Also, at the La Encantada Silver Mine, production increased 12% over the prior quarter and 85% over the quarter ended December 31, 2006.
The equivalent silver production for the quarter consisted of 782,674 ounces of silver, an increase of 9% over the previous quarter, 604 ounces of gold and 534,324 pounds of lead, showing an increase respectively of 16% and 63% from the previous quarter. Management is confident that increases in silver production will continue into the third and fourth quarters and that production levels will meet targets for these periods.
Production for this quarter was under target due to equipment replacements that were required at the La Parrilla and La Encantada mills. In April, the primary and secondary crushers at La Parrilla were replaced to accommodate the increased production being fed through the mill. The new La Parrilla crushers have a daily capacity of 1400tpd which exceeds the overall mill capacity of 800tpd. At La Encantada, one of the power plants was repaired in April and May, again as a result of running the operation at higher capacities. The older equipment was required to be replaced and thus a new power plant was purchase in June and is being installed to accommodate the increased production levels. The La Encantada mill is now running at 80% capacity, an improvement from 30% in November 2006 when First Majestic took over operations of La Encantada.
Complementing the seven pieces of underground Trucks, Scoop Trams and Jumbo purchased in 2006, a new agreement was signed with Sandvik AB to acquire an additional eleven underground machines. Two pieces have already arrived and all equipment will arrive prior to December. This underground mining equipment will be spread throughout the Company's three mines. These new machines are larger and more efficient then what is presently being used and will assist in further optimizing the operations. As part of the agreement, First Majestic and Sandvik agreed on a financing facility which spreads the payments out over the next two years.
Reserve and Resource development remains to be a high priority of the Company. Presently nine drill rigs are operating; six at La Parrilla and three at San Martin Silver Mine. Two additional rigs are on the way to San Martin and should be mobilized within two weeks. In addition, two drill rigs are being added at La Encantada; one this month and the second in August. During the quarter, all three mines received newly updated NI 43-101 Resource estimates. Management was pleased to see the Reserve and Resource development and estimates at both the La Parrilla and La Encantada were well ahead of expectations. Also, a total of 8,379 meters of diamond drilling was completed over 28 holes at La Parrilla and 693 metres of diamond drilling over 12 holes was completed at San Martin during the quarter. Significant underground development is also continuing at all three operations with a total of 4,985 meters being completed during the quarter. This activity is ongoing and is for the purpose of mining activity, grade control, development of additional resources and exploration. In addition, during the quarter an IP and AR Geophysics program of approximately 50 km commenced on the newly acquired land package surrounding the La Parrilla mine.
The following summary tables were taken from the completed La Parrilla Silver Mine, San Martin Silver Mine and La Encantada Silver Mine NI 43-101 Technical Reports prepared by QPs Leonel Lopez, CPG-Principal Geologist and Richard Addison, PE, C.Eng., Principal Process Engineer, both of Pincock Allen & Holt, Lakewood, Colorado (PAH). These three properties are wholly-owned by First Majestic. It should be noted that Proven and Probable Mineral Reserves and Total Measured + Indicated Resources and Total Inferred Resources in the tables below are exclusive of each other and are not combined. The calculation of Measured + Indicated Resources assumes 100 percent "in situ" resources and does not include mine dilution, nor mine and metallurgical recovery. All estimates based on Minimum Mining Width greater than 2.00m. No mine recovery included. Inferred resources are presented in rounded figures. All silver grades are reported in grams per metric tonne, while Pb and Zn are reported in percentage (%). All Reserve / Resource estimates have been prepared in accordance with Best Practice Guidelines adopted by CIM on November 14, 2004, as amended.
Reserves (Proven and Probable)
--------------------------------------------------------------------------
Silver
Silver Silver Including
Grade Only Credits
Mine Tonnage (g/t) (oz) (oz)
--------------------------------------------------------------------------
La Parrilla Silver Mine (A) 403,014 271 3,517,109 3,660,727
San Martin Silver Mine (B) 492,023 290 4,594,804 4,962,389
La Encantada Silver Mine (C) 633,506 403 8,206,336 8,389,646
--------------------------------------------------------------------------
Total 17,012,762
--------------------------------------------------------------------------
Resources (Measured + Indicated)
--------------------------------------------------------------------------
Silver
Silver Silver Including
Grade Only Credits
Mine Tonnage (g/t) (oz) (oz)
--------------------------------------------------------------------------
La Parrilla Silver Mine (A) 1,095,703 358 12,632,006 13,169,493
San Martin Silver Mine(B) 1,797,965 250 14,451,468 15,624,740
La Encantada Silver Mine (C) 1,414,470 276 12,548,168 12,957,533
--------------------------------------------------------------------------
Total 41,751,766
--------------------------------------------------------------------------
Resources (Inferred)
--------------------------------------------------------------------------
Silver
Silver Silver Including
Grade Only Credits
Mine Tonnage (g/t) (oz) (oz)
--------------------------------------------------------------------------
La Parrilla Silver Mine (A) 4,109,291 255 33,744,510 35,784,493
San Martin Silver Mine (B) 2,737,800 201 17,750,000 22,665,655
La Encantada Silver Mine (C) 1,479,023 200 9,587,585 10,015,550
--------------------------------------------------------------------------
Total 68,465,698
--------------------------------------------------------------------------
(A) La Parrilla Silver Mine
-----------------------
(1) Silver equivalent based on sales. Prices used for evaluation: Ag -
US$10/oz; Au - US$570/oz; Pb - US$0.50/lb.
(2) Oxides Ag equivalent includes Gold Credit based on FMRM sales. Au
Credit equals 0.15 g/tonne Au X Met. Rec X Payable Au X Au price equals
$1.61 equals 5 g/tonne Ag.
(3) Sulphides Ag equivalent includes Pb credit equals 20.6 g/tonne Ag. Pb
Credit equals (1.00 X 2204/100) X 0.70 X 0.85 X US$0.50 equals
US$6.61/tonne.
(4) Cut Off Grade estimated as 225 g/tonne Ag net of Au credit in oxide
ores; and 235 g/tonne Ag net of Pb credit in sulphide ores. Zinc not
considered.
(B) San Martin Silver Mine
----------------------
(1) Mineral Reserves are estimated as Mineable Reserves, including
estimates of mine dilution and recovery in addition to 8% credit for
Au and Pb based on sales records for 2006. These reserves do not
include metallurgical recovery.
(2) Silver equivalent ounces are 8% of the silver content, based on the
contribution of Pb and Au to revenue for 2006.
(3) The resources categories in the PAH Technical Report used an economic
cut-off grade based solely on silver for the total operating costs and
process recoveries of 5.84 oz Ag/tonne or 182g Ag/tonne. PAH's economic
breakeven cut-off grade including the gold & lead contribution for 2006
of 8% of silver sales, converted to an equivalent silver grade was
5.38 oz Ag equivalent/tonne or 167g Ag Eqv/tonne. In order to report
the equivalent silver values, 182 g/tonne Ag was used in the report and
the silver equivalent values are calculated according to the following
formula: Ag Eqv. oz. equals $52(($10.00x0.891)+$0.75), where $0.75 is
equivalent to 8% of silver sales as contribution of Pb + Au for 2006;
$52 is total operating cost per tonne and $10 is the price per Ag
ounce.
(4) Inferred resources are estimated as silver only for oxidized
mineralization, including 8% contribution for Pb and Au, based on
sales records.
(5) Inferred resources in sulfides mineralization are estimated as silver
equivalent with contributions by Pb and Zn based on prices as follows:
Ag-$10/oz; Pb-$0.50/lb and Zn-$1.50/lb, or the equivalent of Pb-1%
equals 34 g Ag/tonne, and Zn-1% equals 103 g Ag/tonne. These resource
estimates are "in situ" resources and do not include mine dilution,
mine and metallurgical recoveries, nor freight, or smelter and refining
charges.
(C) La Encantada Silver Mine
------------------------
(1) Cut Off Grade estimated as 271 g/tonne Ag only; and 262 g/tonne Ag eq
net of Pb credit. (COG equals Operating Costs / Ag $10/oz X Mill
Recovery X Smelter Payment).
(2) Silver equivalent includes Pb credit, at prices US$10/oz-Ag,
$0.50/lb-Pb. Pb credit equals 9 g/tonne-Ag. (Pb revenue) equals (Pb in
concentrates X 63% X 0.50/lb). Pb credit equals 9 g/tonne Ag.
(3) Mining dilution is included at a minimum mining width of 2.00m.
Estimates do not include mining recovery.
(5) Zinc is not recovered at this time.
(6) Dump stockpile included in Measured Resource.
(7) La Morena sulphides deposit requires additional test work.
Presently, all drilling activity at the San Martin is taking place from underground areas. This drill program is focusing on developing oxide resources in the upper parts of the mine. During the quarter, surface geological mapping was taking place to define diamond drill targets in the North-South structural system where some intersections of high grade silver ore are indicating new areas of interest. Also, a new exploration target in the Rosario-Condesa system was defined (Cinco Senores) where some old workings were discovered. The two drill rigs arriving shortly will be focusing on these areas from surface.
At La Encantada, a total of 744 metres of pressure drilling was completed in the tailing ponds. A 50 meter grid consisting of 49 holes was drilled into Tailings Pond 1 & 2. The purpose of this program was to define additional resources which were not included in the last NI 43-101 report. Initial metallurgical tests completed by SGS de Mexico, SA de CV., lab in Durango City confirmed the possibility of economically recovering the silver contained in these tailings ponds. An economic evaluation is currently underway to evaluate the feasibility of adding a cyanidation circuit to the mill and what level of expansion would be most optimal.
At the Company's recently acquired San Juan and Perseverancia silver mines located in Chalchihuites about 60 kilometres away from the La Parrilla, mine development and exploration is continuing. A 600 metre ramp is under construction at San Juan, with 300 metres completed to date. 50 tonnes of high grade ore is being removed from the mine daily and being shipped to the La Parrilla mill. The final payment for the Perseverancia was made in the quarter ending June 30, resulting in the Company now owning 100% of this high grade silver mine. This past-producing mine is presently being upgraded and rehabilitated to start production on its high grade chimney areas. Ore production is expected to start at the Perseverancia in the latter half of the third quarter at a rate of 50 tonnes per day. This ore will be shipped to the La Parrilla mill for processing.
Also in the quarter the Company was pleased to receive the permit for the construction of a new tailings dam for the La Parrilla mine. Construction of this new dam began in the second week of May and is expected to be completed within 6 months.
First Majestic is a producing silver company focused in Mexico and is aggressively pursuing its business plan to become a senior silver producer through the development of its existing assets and the pursuit through acquisition of additional assets that contribute to achieving its corporate growth objectives.
FIRST MAJESTIC SILVER CORP.
Keith Neumeyer, President & CEO
This press release includes certain "Forward-Looking Statements" within the meaning of section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein, including without limitation, statements regarding potential mineralization and reserves, exploration results and future plans and objectives of First Majestic Silver Corp. are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
Cautionary Notes to U.S. Investors Concerning Reserve and Resource Estimates
The definitions of proven and probable reserves used in National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") differ from the definitions in the United States Securities and Exchange Commission ("SEC") Industry Guide 7. Under SEC Guide 7 standards, a "Final" or "Bankable" feasibility study is required to report reserves, the three year history average price is used in any reserve or cash flow analysis to designate reserves and the primary environmental analysis or report must be filed with the appropriate governmental authority.
In addition, the terms "mineral resource", "measured mineral resource", "indicated mineral resource" and "inferred mineral resource" are defined in and required to be disclosed by NI 43-101; however, these terms are not defined terms under SEC Industry Guide 7 and normally are not permitted to be used in reports and registration statements filed with the SEC. Investors are cautioned not to assume that any part or all of mineral deposits in these categories will ever be converted into reserves. "Inferred mineral resources" have a great amount of uncertainty as to their existence, and great uncertainty as to their economic and legal feasibility. It cannot be assumed that all or any part of an inferred mineral resource will ever be upgraded to a higher category. Under Canadian rules, estimates of inferred mineral resources may not form the basis of feasibility or pre-feasibility studies, except in rare cases.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
Hier fett unter pari!!
Da haben heute einige panikartig verkauft bei First Majestic FMV und während in Canada
fröhlich gekauft wurde hat der Makler in FFK den Kurs bei 3,12 stehen lassen.
News wurde hier nicht zur Kenntnis genommen.
Pari 3,23€
fröhlich gekauft wurde hat der Makler in FFK den Kurs bei 3,12 stehen lassen.
News wurde hier nicht zur Kenntnis genommen.
Pari 3,23€
Sehr, sehr stark heute!!
Ex Time Price Change Volume Buyer Seller Markers Kobex
V 20070726 11:42:01 2.60 0.20 200 1 Anonymous 6 Union K
V 20070726 11:36:15 2.59 0.19 100 1 Anonymous 27 Dundee K
V 20070726 11:34:37 2.59 0.19 300 1 Anonymous 27 Dundee K
V 20070726 11:33:07 2.59 0.19 200 1 Anonymous 27 Dundee K
V 20070726 11:26:19 2.59 0.19 100 1 Anonymous 27 Dundee K
V 20070726 11:24:00 2.59 0.19 200 1 Anonymous 27 Dundee K
V 20070726 11:21:09 2.59 0.19 100 1 Anonymous 27 Dundee K
V 20070726 11:20:02 2.59 0.19 100 1 Anonymous 27 Dundee K
V 20070726 11:18:20 2.59 0.19 100 1 Anonymous 27 Dundee K
V 20070726 11:15:02 2.59 0.19 100 1 Anonymous 27 Dundee K
V 20070726 11:13:01 2.59 0.19 200 1 Anonymous 27 Dundee K
V 20070726 11:11:13 2.59 0.19 100 1 Anonymous 27 Dundee K
V 20070726 11:08:31 2.59 0.19 200 1 Anonymous 27 Dundee K
V 20070726 11:04:04 2.59 0.19 100 1 Anonymous 27 Dundee K
V 20070726 11:02:14 2.59 0.19 200 1 Anonymous 27 Dundee K
V 20070726 10:58:37 2.59 0.19 100 1 Anonymous 27 Dundee K
V 20070726 10:58:19 2.59 0.19 100 1 Anonymous 27 Dundee K
V 20070726 10:56:17 2.59 0.19 100 1 Anonymous 27 Dundee K
V 20070726 10:56:17 2.59 0.19 100 1 Anonymous 27 Dundee K
V 20070726 10:54:59 2.60 0.20 200 1 Anonymous 6 Union K
V 20070726 10:49:42 2.60 0.20 500 1 Anonymous 6 Union K
V 20070726 10:42:45 2.53 0.13 100 1 Anonymous 9 BMO Nesbitt K
V 20070726 10:39:59 2.53 0.13 500 1 Anonymous 9 BMO Nesbitt K
V 20070726 10:38:45 2.53 0.13 3000 27 Dundee 9 BMO Nesbitt K
V 20070726 10:37:00 2.53 0.13 200 1 Anonymous 9 BMO Nesbitt K
V 20070726 10:33:47 2.53 0.13 100 1 Anonymous 9 BMO Nesbitt K
V 20070726 10:31:33 2.53 0.13 200 1 Anonymous 9 BMO Nesbitt K
V 20070726 10:28:02 2.53 0.13 100 1 Anonymous 9 BMO Nesbitt K
V 20070726 10:26:25 2.53 0.13 200 1 Anonymous 9 BMO Nesbitt K
V 20070726 10:21:38 2.53 0.13 200 1 Anonymous 9 BMO Nesbitt K
V 20070726 10:16:19 2.53 0.13 100 1 Anonymous 9 BMO Nesbitt K
V 20070726 10:12:14 2.50 0.10 100 9 BMO Nesbitt 6 Union K
V 20070726 10:12:09 2.53 0.13 100 1 Anonymous 9 BMO Nesbitt K
V 20070726 10:09:32 2.50 0.10 1900 9 BMO Nesbitt 1 Anonymous K
V 20070726 10:08:21 2.53 0.13 200 1 Anonymous 9 BMO Nesbitt K
V 20070726 10:05:52 2.50 0.10 1800 9 BMO Nesbitt 89 Raymond James K
V 20070726 10:02:42 2.50 0.10 200 1 Anonymous 89 Raymond James K
V 20070726 09:58:51 2.50 0.10 200 1 Anonymous 89 Raymond James K
V 20070726 09:57:16 2.50 0.10 2800 1 Anonymous 89 Raymond James K
V 20070726 09:55:34 2.50 0.10 2200 1 Anonymous 1 Anonymous K
V 20070726 09:53:36 2.50 0.10 200 72 Credit Suisse 1 Anonymous K
V 20070726 09:53:33 2.50 0.10 700 1 Anonymous 1 Anonymous KL
The company's chief executive officer, Kevin Loughrey, has acknowledged
the possibility of a takeover
Bush administration opposes proposed rewrite of mining law
News more>>
Desert deaths on the rise; more women than ever
Construction trucks ignore Marana's rules; citizens pay the price
Monsoon rains saturating Southern Arizona
Retired general may be demoted in connection with Tillman cover-up
New bomb robot joins southern Arizona SWAT team
Suspect takes refuge after a southside traffic stop
Catalina Foothills H.S. senior punished for "streaking" ceremony
Why isn't there a stupid pedestrian law?
Woman caught in Stone Underpass tells her story
Monsoon topples trees; "Palminators" root-out root rot
WASHINGTON -- The Bush administration on Thursday came out against a suggested revision of a 135-year-old hard-rock mining law that would impose the first-ever royalty fees and environmental restrictions for mining on public land.
The regulations could hurt the mining industry, the economy and U.S. security, said Henri Bisson, deputy director of the Bureau of Land Management.
Small communities across the West that depend on mining could be devastated, Bisson said at a hearing of the House Natural Resources subcommittee. Bisson estimated that every job in the mining industry creates three supporting jobs.
While the BLM agrees the law needs to be updated, Bisson said, the department "cannot support the bill as drafted."
Despite the administration's opposition, Democratic lawmakers say they are determined to revise the General Mining Act of 1872, which was originally written to help settle the West and has remained largely unchanged.
Environmentalists have lobbied for decades to rewrite the law. They say it has allowed companies mining gold, copper, uranium and other minerals to pollute rivers, scar the landscape and leave abandoned mines throughout the West _ all without paying a royalty fee.
This year, with Democrats in control of Congress, advocates hope they will be successful. Even lawmakers from mining states have said they believe some changes are necessary.
"The people of the United States deserve to receive a payment in return for the disposition of the resources we all own," said House Natural Resources Committee Chairman Nick Rahall, D-W.Va., who introduced the proposed rewrite.
Besides the lack of royalty fees and environmental regulations, the current law allows public lands to be sold for as little as $5 an acre, although Congress has annually prohibited that. It also elevates mining's importance above other uses of public land, making it difficult for federal agencies to deny mining applications.
Rahall's bill would impose environmental requirements, give federal land managers power to reject mining applications and assess an 8 percent royalty to pay for cleaning up abandoned mines.
Thursday's nearly three-hour hearing pitted environmentalists and legal experts against mining industry supporters. They included an official from Kennecott Utah Copper Corp. and a minerals geologist from Spring Creek, Nev., who emphasized that the industry has already sent thousands of jobs overseas where the regulations are friendlier to mining.
"If the industry is threatened as it appears under this bill, our jobs will go away," said the geologist, Ted Wilton.
Other mining supporters agreed some changes are necessary. Sen. Larry Craig, R-Idaho, testified that he backs the royalty requirement.
A hearing scheduled in Nevada in August is expected to further explore the effect of the proposed regulations on the local mining industry.
Senate Majority Leader Harry Reid, D-Nev., is expected to attend the field hearing. Reid, a gold miner's son, is a longtime defender of the mining industry and could prevent Congress from making any changes to the law.
Copyright 2007 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
News more>>
Desert deaths on the rise; more women than ever
Construction trucks ignore Marana's rules; citizens pay the price
Monsoon rains saturating Southern Arizona
Retired general may be demoted in connection with Tillman cover-up
New bomb robot joins southern Arizona SWAT team
Suspect takes refuge after a southside traffic stop
Catalina Foothills H.S. senior punished for "streaking" ceremony
Why isn't there a stupid pedestrian law?
Woman caught in Stone Underpass tells her story
Monsoon topples trees; "Palminators" root-out root rot
WASHINGTON -- The Bush administration on Thursday came out against a suggested revision of a 135-year-old hard-rock mining law that would impose the first-ever royalty fees and environmental restrictions for mining on public land.
The regulations could hurt the mining industry, the economy and U.S. security, said Henri Bisson, deputy director of the Bureau of Land Management.
Small communities across the West that depend on mining could be devastated, Bisson said at a hearing of the House Natural Resources subcommittee. Bisson estimated that every job in the mining industry creates three supporting jobs.
While the BLM agrees the law needs to be updated, Bisson said, the department "cannot support the bill as drafted."
Despite the administration's opposition, Democratic lawmakers say they are determined to revise the General Mining Act of 1872, which was originally written to help settle the West and has remained largely unchanged.
Environmentalists have lobbied for decades to rewrite the law. They say it has allowed companies mining gold, copper, uranium and other minerals to pollute rivers, scar the landscape and leave abandoned mines throughout the West _ all without paying a royalty fee.
This year, with Democrats in control of Congress, advocates hope they will be successful. Even lawmakers from mining states have said they believe some changes are necessary.
"The people of the United States deserve to receive a payment in return for the disposition of the resources we all own," said House Natural Resources Committee Chairman Nick Rahall, D-W.Va., who introduced the proposed rewrite.
Besides the lack of royalty fees and environmental regulations, the current law allows public lands to be sold for as little as $5 an acre, although Congress has annually prohibited that. It also elevates mining's importance above other uses of public land, making it difficult for federal agencies to deny mining applications.
Rahall's bill would impose environmental requirements, give federal land managers power to reject mining applications and assess an 8 percent royalty to pay for cleaning up abandoned mines.
Thursday's nearly three-hour hearing pitted environmentalists and legal experts against mining industry supporters. They included an official from Kennecott Utah Copper Corp. and a minerals geologist from Spring Creek, Nev., who emphasized that the industry has already sent thousands of jobs overseas where the regulations are friendlier to mining.
"If the industry is threatened as it appears under this bill, our jobs will go away," said the geologist, Ted Wilton.
Other mining supporters agreed some changes are necessary. Sen. Larry Craig, R-Idaho, testified that he backs the royalty requirement.
A hearing scheduled in Nevada in August is expected to further explore the effect of the proposed regulations on the local mining industry.
Senate Majority Leader Harry Reid, D-Nev., is expected to attend the field hearing. Reid, a gold miner's son, is a longtime defender of the mining industry and could prevent Congress from making any changes to the law.
Copyright 2007 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Das war eine Verlinkung in Posting 526, die da nicht hin sollte bei den vielen News. Aber Fakt ist, dass
TCM kaufen wird,schon um selber nicht übernommen zu werden. Man muss sich dick und schwer machen.
Kobex wäre tatsächlich eine Option, aber mehr im Moment auch nicht.
Wer sich die Resourcen Measuread + Indicated im Vergleich zu Mustang + Crowflight
anschaut,- die durchaus gute Werte sind,erkennt das Hard Creek Nickel krass unterbewertet ist.
10 mal mehr im Boden!!
Kanada Basket
Gold
Southern Arc Minerals http://www.southernarcminerals.com/s/Home.asp
nächste Bre-Ex oder nächste Lihir (tippe auf Lihir), multi-mio Oz Potential in Indonesien, Partner von Newmont
Alexandria Minerals http://www.azx.ca/
Top aufgestellter Junior in Kanada, so viel Gelände, dass da mind. eine 1 mio Oz Mine bei rumkommt!
Gold/Moly/Diamanten
Mexivada Mining http://www.mexivada.com/s/Home.asp
halten ev. den weltweit letzten unerforschten Greenstone Belt, Potential 15-20mio Oz Au in der Rep. Kongo (nicht Zaire!!!), zudem etliche potentielle multi-mio Oz Gelände in Nevada neben den Majors
Moly/Cu/Rhenium
Int. PBX http://www.internationalpbx.com/
haben in Chile das wahrscheinlich das größte Moly Vorkommen der Welt, zudem ausgezeichnete Rhenium Werte, das fast so teuer ist wie Gold
Moly/Vanadium/Tungsten
Largo Minerals http://www.largoresources.com/
haben in Canada das größte unerschlossene Moly-Tungsten Depot der Welt, allle drei seltenen Metalle sind in der Stahlindustrie von strategischem Interesse als Härter/Veredeler, Zusatzpotential durch Platin und Palladium in Brasilien
Öl&Gas/Gold/Nickel
Vangold Resources http://vangold.ca/
halten über 40.000 km2 Öl-Explorations/Produktionsanteils-Lizenzen in Burundi, Kenya, Armenien, ev. Nickel Player in Uganda, multi mio Oz Au Potential in PNG, zwei Spin-offs in Arbeit
Uran
Bluerock Resources http://www.bluerockresources.com/s/Home.asp
Uran Micro-Cap, haben etliche ex-Minen in den USA mit bestehenden Produktionslizenzen(!!!) aufgesammelt
Purepoint Uranium http://www.purepoint.ca/
bevorzugter Explorer für Cameco, die alle verfügbaren Resourcen auf die Wiederherstellung der Cigar Lake Mine verwenden müssen, Purepoint wird imho in 2-3 Jahren von Cameco übernommen
Uranextrahierung/Gold
Sparton Resources www.spartonres.ca
Gold in China mit Regierungsbeteiligung, Gold in Nevada, Urangebiete, die eigentliche Phantasie steckt in dem Uranextrahierungsverfahren aus Kohleasche
Gold/Uran/Nickel
Cornerstone Capital http://www.cornerstoneresources.com/s/Home.asp
Beteiligung und JVs an an die 50 Geländen und Projekten in Canada und Ecuador mit Top-Partnern
Darüberhinaus sind folgende Werte besprochen: Hard Creek Nickel,Largo Resources, Mindoro Resources,Sacre-Coeur Minerals,Nevada Copper,Kobex,Salazar Resources,Winfield,Benton Resources.
Gold
Southern Arc Minerals http://www.southernarcminerals.com/s/Home.asp
nächste Bre-Ex oder nächste Lihir (tippe auf Lihir), multi-mio Oz Potential in Indonesien, Partner von Newmont
Alexandria Minerals http://www.azx.ca/
Top aufgestellter Junior in Kanada, so viel Gelände, dass da mind. eine 1 mio Oz Mine bei rumkommt!
Gold/Moly/Diamanten
Mexivada Mining http://www.mexivada.com/s/Home.asp
halten ev. den weltweit letzten unerforschten Greenstone Belt, Potential 15-20mio Oz Au in der Rep. Kongo (nicht Zaire!!!), zudem etliche potentielle multi-mio Oz Gelände in Nevada neben den Majors
Moly/Cu/Rhenium
Int. PBX http://www.internationalpbx.com/
haben in Chile das wahrscheinlich das größte Moly Vorkommen der Welt, zudem ausgezeichnete Rhenium Werte, das fast so teuer ist wie Gold
Moly/Vanadium/Tungsten
Largo Minerals http://www.largoresources.com/
haben in Canada das größte unerschlossene Moly-Tungsten Depot der Welt, allle drei seltenen Metalle sind in der Stahlindustrie von strategischem Interesse als Härter/Veredeler, Zusatzpotential durch Platin und Palladium in Brasilien
Öl&Gas/Gold/Nickel
Vangold Resources http://vangold.ca/
halten über 40.000 km2 Öl-Explorations/Produktionsanteils-Lizenzen in Burundi, Kenya, Armenien, ev. Nickel Player in Uganda, multi mio Oz Au Potential in PNG, zwei Spin-offs in Arbeit
Uran
Bluerock Resources http://www.bluerockresources.com/s/Home.asp
Uran Micro-Cap, haben etliche ex-Minen in den USA mit bestehenden Produktionslizenzen(!!!) aufgesammelt
Purepoint Uranium http://www.purepoint.ca/
bevorzugter Explorer für Cameco, die alle verfügbaren Resourcen auf die Wiederherstellung der Cigar Lake Mine verwenden müssen, Purepoint wird imho in 2-3 Jahren von Cameco übernommen
Uranextrahierung/Gold
Sparton Resources www.spartonres.ca
Gold in China mit Regierungsbeteiligung, Gold in Nevada, Urangebiete, die eigentliche Phantasie steckt in dem Uranextrahierungsverfahren aus Kohleasche
Gold/Uran/Nickel
Cornerstone Capital http://www.cornerstoneresources.com/s/Home.asp
Beteiligung und JVs an an die 50 Geländen und Projekten in Canada und Ecuador mit Top-Partnern
Darüberhinaus sind folgende Werte besprochen: Hard Creek Nickel,Largo Resources, Mindoro Resources,Sacre-Coeur Minerals,Nevada Copper,Kobex,Salazar Resources,Winfield,Benton Resources.
COMMERCE RESOURCES CORP
Commerce Resources Corp. Increases Private Placement to $31.5 Million for its Tantalum and Niobium Properties
7/16/2007
VANCOUVER, Jul 16, 2007 (Canada NewsWire via COMTEX News Network) --
Commerce Resources Corp. (TSXv: CCE) (FSE: D7H) ("the Company") announces that in addition to the non-brokered private placement of units previously announced on June 13, 2007, it has initiated an additional non-brokered private placement.
Under the private placement announced June 13, the Company has placed a total of 12,500,000 units at a price of $1.20 per unit for gross proceeds to the Company of $15 million. The additional private placement is for up to 13,750,000 units, for additional proceeds to the Company of $16.5 million. Total gross proceeds raised will be up to $31.5 million.
Each unit will consist of one common share and one share purchase warrant entitling the holder to purchase one additional common share of the Company at a price of $1.50 per share for a period of two years from the date of issuance.
The proceeds of the private placement will be used to advance the Company's continued exploration and development program on its tantalum and niobium properties located near Blue River, British Columbia, to conduct an exploration program at the newly acquired Eldor Carbonatite, and for general working capital.
The offering is subject to the approval of the TSX Venture Exchange and a finder's fee may be payable in accordance with the policies of the TSX Venture Exchange.
On Behalf of the Board of Directors
COMMERCE RESOURCES CORP.
"David Hodge"
David Hodge
President and Director
Könnte die nächsten Monate stark steigen, da seltene Metalle stärker in den Focus rücken!! D7H in Deutschland. Charttechnisch ist ein Upmove fällig.
bis in 3 Wochen, dukezero und Fischi - Urlaub.........
Bis Bald + eine schöne Zeit!!
Fischländer´s 2 Jährige Basketcaseübersicht Stand 28.07.07
*ohne Gewähr
hoffe es sind keine Fehler drinnen 
HTML:
<table border="1" style="font-size: 12px; border-color:#000000; border-width:1px;border-style:solid;">
<tr>
<th style="height:14px;">Aktienname</th>
<th style="height:14px;">Stückzahl</th>
<th style="height:14px;">Kaufdatum</th>
<th style="height:14px;">Kaufkurs</th>
<th style="height:14px;">KK-Kosten</th>
<th style="height:14px;"> VK- Kurs</th>
<th style="height:14px;"> VK- Netto</th>
<th style="height:14px;">Aktuell</th>
</tr>
<tr>
<td> Southern Arc </td>
<td>500</td>
<td>26.05.07</td>
<td>1,08</td>
<td>550 €</td>
<td> VK-Wert</td>
<td> VK- Kurs</td>
<td> 1,16 €</td>
</tr>
<tr>
<td> Vangold </td>
<td>1000</td>
<td>26.05.07</td>
<td>0,49</td>
<td>500 €</td>
<td> VK- Wert</td>
<td> VK- Kurs</td>
<td> 0,385 €</td>
</tr>
<tr>
<td> Mexivada </td>
<td>1000</td>
<td>26.05.07</td>
<td>0,46</td>
<td>470 €</td>
<td> VK-Wert</td>
<td> VK- Kurs</td>
<td> 0,600 €</td>
</tr>
<tr>
<td> Alexandria </td>
<td>2000</td>
<td>26.05.07</td>
<td>0,23</td>
<td>470 €</td>
<td> VK-Wert</td>
<td> VK- Kurs</td>
<td>0,219 €</td>
</tr>
<tr>
<td> Bluerock </td>
<td>1000</td>
<td>26.05.07</td>
<td>0,41</td>
<td>420 €</td>
<td> VK-Wert</td>
<td> VK- Kurs</td>
<td> 0,340 €</td>
</tr>
<tr>
<td> Cornerstone </td>
<td>1000</td>
<td>26.05.07</td>
<td>0,43</td>
<td>440 €</td>
<td> VK-Wert</td>
<td> VK- Kurs</td>
<td> 0,550 €</td>
</tr>
<tr>
<td> Int. PBX </td>
<td>1000</td>
<td>26.05.07</td>
<td>0,42</td>
<td>430 €</td>
<td> VK-Wert</td>
<td> VK- Kurs</td>
<td> 0,430 €</td>
</tr>
<tr>
<td> Sparton </td>
<td>2500</td>
<td>26.05.07</td>
<td>0,2</td>
<td>510 €</td>
<td>VK- Wert</td>
<td> VK- Kurs</td>
<td> 0,280 €</td>
</tr>
<tr>
<td> Largo </td>
<td>1000</td>
<td>26.05.07</td>
<td>0,56</td>
<td>570 €</td>
<td> VK-Wert </td>
<td> VK- Kurs</td>
<td> 0,540 €</td>
</tr>
<tr>
<td> Purepoint </td>
<td>1000</td>
<td>26.05.07</td>
<td>0,61</td>
<td>620 €</td>
<td>VK-Wert</td>
<td> VK- Kurs</td>
<td> 0,530 €</td>
</tr>
</table>*ohne Gewähr
hoffe es sind keine Fehler drinnen [/quote]Fischländer´s 2 Jährige Basketcaseübersicht Stand 08.07.07
HTML:<table border="1" style="font-size: 12px; border-color:#000000; border-width:1px;border-style:solid;"> <tr> <th style="height:14px;">Aktienname</th> <th style="height:14px;">Stückzahl</th> <th style="height:14px;">Kaufdatum</th> <th style="height:14px;">Kaufkurs</th> <th style="height:14px;">KK-Kosten</th> <th style="height:14px;"> VK- Kurs</th> <th style="height:14px;"> VK- Netto</th> <th style="height:14px;">Aktuell</th> </tr> <tr> <td> Southern Arc </td> <td>500</td> <td>26.05.07</td> <td>1,08</td> <td>550 €</td> <td> VK-Wert</td> <td> VK- Kurs</td> <td> 1,24 €</td> </tr> <tr> <td> Vangold </td> <td>1000</td> <td>26.05.07</td> <td>0,49</td> <td>500 €</td> <td> VK- Wert</td> <td> VK- Kurs</td> <td> 0,473 €</td> </tr> <tr> <td> Mexivada </td> <td>1000</td> <td>26.05.07</td> <td>0,46</td> <td>470 €</td> <td> VK-Wert</td> <td> VK- Kurs</td> <td> 0,424</td> </tr> <tr> <td> Alexandria </td> <td>2000</td> <td>26.05.07</td> <td>0,23</td> <td>470 €</td> <td> VK-Wert</td> <td> VK- Kurs</td> <td>0,225 €</td> </tr> <tr> <td> Bluerock </td> <td>1000</td> <td>26.05.07</td> <td>0,41</td> <td>420 €</td> <td> VK-Wert</td> <td> VK- Kurs</td> <td> 0,354 €</td> </tr> <tr> <td> Cornerstone </td> <td>1000</td> <td>26.05.07</td> <td>0,43</td> <td>440 €</td> <td> VK-Wert</td> <td> VK- Kurs</td> <td> 0,50 €</td> </tr> <tr> <td> Int. PBX </td> <td>1000</td> <td>26.05.07</td> <td>0,42</td> <td>430 €</td> <td> VK-Wert</td> <td> VK- Kurs</td> <td> 0,41 €</td> </tr> <tr> <td> Sparton </td> <td>2500</td> <td>26.05.07</td> <td>0,2</td> <td>510 €</td> <td>VK- Wert</td> <td> VK- Kurs</td> <td> 0,25 €</td> </tr> <tr> <td> Largo </td> <td>1000</td> <td>26.05.07</td> <td>0,56</td> <td>570 €</td> <td> VK-Wert </td> <td> VK- Kurs</td> <td> 0,60 €</td> </tr> <tr> <td> Purepoint </td> <td>1000</td> <td>26.05.07</td> <td>0,61</td> <td>620 €</td> <td>VK-Wert</td> <td> VK- Kurs</td> <td> 0,52 €</td> </tr> </table>
*ohne Gewähr
U.S. Energy Corp. and Crested Corp. Announce Completion of Sale of Uranium One, Inc. Holdings
PR Newswire
CONSOLIDATED CASH BALANCES CURRENTLY EXCEED $100 MILLION
July 27, 2007: 09:30 AM EST
RIVERTON, Wyo., July 27 /PRNewswire-FirstCall/ -- U.S. Energy Corp. and Crested Corp. , announced today that they have liquidated all of their shares of Uranium One, Inc. related to their uranium assets sale on April 30, 2007. On May 1, 2007 USEG and CBAG liquidated 4.4 million shares of the 6,607,605 shares received on April 30, 2007. The net cash received from that transaction on a consolidated basis and as previously announced, totaled $61,044,600, or US $13.87 per share. On Thursday, July 26, 2007, USEG and CBAG received final net proceeds from the sale of their remaining 2,207,605 shares of $29,679,400 on a consolidated basis, or US $13.45 per share. The final sale of USEG's and CBAG's Uranium One shares was executed on July 12, 2006 and settled on July 26, 2007. In addition to the receipt of funds from the sale of Uranium One shares, USEG and CBAG also recently received approximately $7,300,000 in funds from various agencies related to the release of various uranium asset reclamation bonds that were assumed by Uranium One.
USEG and CBAG's remaining uranium asset is a 4% Net Profits Interest on the reportedly 50 million pound uranium deposit at Green Mountain in Wyoming, which is owned by Rio Tinto, Inc. Additionally, if certain conditions are met by Uranium One under its Asset Purchase Agreement with USEG and CBAG, the companies stand to receive up to an additional $40 million in cash payments from Uranium One in the future.
"The sale of our shares of Uranium One in no way reflects any lack of confidence in Uranium One executing on their business plan to become a major global uranium producer. Rather, it is illustrative of our corporate vision to build our cash position and avoid speculation in the securities markets," stated Mark J. Larsen, President of USEG. "With over $100 million in cash in the bank, our goal is to invest and leverage our resources effectively into select mineral investments including oil and gas, that can deliver recurring revenues to our shareholders. Meanwhile, we will continue to focus very strongly on working closely with our operating partner, Kobex Resources Ltd., to advance our 'world class' Lucky Jack molybdenum project," he added.
Disclosure Regarding Mineral Resources
Under SEC and Canadian Regulations;
and Forward-Looking Statements
The Company owns or may come to own stock in companies which are traded on foreign exchanges, and may have agreements with some of these companies to acquire and/or develop the Company's mineral properties. Examples of these other companies are Sutter Gold Mining Inc. and Kobex Resources Ltd. These other companies are subject to the reporting requirements of other jurisdictions.
United States residents are cautioned that some of the information available about our mineral properties, which is reported by the other companies in foreign jurisdictions, may be materially different from what the Company is permitted to disclose in the United States.
This news release includes statements which may constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect," or similar expressions. These statements are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, future trends in mineral prices, the availability of capital, competitive factors, and other risks. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revision or changes after the date of this release.
For further information on the differences between the reporting limitations of the United States, compared to reports filed in foreign jurisdictions, and also concerning forward-looking statements, please see the Company's Form 10-K ("Disclosure Regarding Forward-Looking Statements"; "Disclosure Regarding Mineral Resources under SEC and Canadian Regulation"; and "Risk Factors"); and similar disclosures in the Company's Forms 10-Q.
Top of page
Man sammelt Geld!!!
Meanwhile, we will continue to focus very strongly on working closely with our operating partner, Kobex Resources Ltd., to advance our 'world class' Lucky Jack molybdenum project,"
kein problem
das depot ist immernoch im plus trotz letzter woche
das depot ist immernoch im plus trotz letzter woche
Danke Kaschper für die Liste!!
Um den Thread hier noch übersichtlicher zu gestalten werde ich jeder Firmennews
das Logo voranstellen, man findet dann beim Blättern leichter die News im
Zusammenhang.
- Status
