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Schicker Hammer!LARGO RESOURCES LTD
Largo Reports Progress on PGM Recovery Testwork for the Maracas Vanadium-PGM Project (Bahia, Brazil)
9/10/2007
- Platsol testwork on whole ore exceeded 80% recovery for both platinum and palladium
TORONTO, ONTARIO, Sep 10, 2007 (MARKET WIRE via COMTEX News Network) --
Largo Resources Ltd. (TSX VENTURE: LGO) is pleased to announce that a scoping-level program of testwork to evaluate the potential viability of PGM recovery at its Maracas Vanadium Project (Bahia, Brazil) has been completed by SGS Mineral Services in Lakefield, Ontario Canada (SGS).
SGS has completed a program of testwork that included the following significant results:
- Flotation testwork, which resulted in the production of a concentrate with approximately 52 g/t platinum and 9 g/t palladium. A flowsheet involving a two-stage mill-float process has been proposed. The economics based on projected recoveries are being evaluated.
- Platsol testwork on whole ore that exceeded 80% recovery for both platinum and palladium after regrinding. SGS has proposed testwork to establish the effectiveness of the Platsol process on flotation concentrate and the economic sensitivity of the process to concentrate recovery and regrind costs.
SGS commented that the testwork demonstrates that PGMs could be recovered either through a concentration process, Platsol process or combination of these processes.
The PGM metallurgical test results have been forwarded to Micon International for their review and economic assessment. Micon has been mandated to produce a Revised Scoping Study based on a revised mineral resource and assessment of the PGMs. As a result of Largo's 2007 drill program at Maracas, the existing mineral resource is anticipated to significantly increase and result in an enhancement of the overall project economics. Also, Largo is in active discussions with several smelters to establish the value of the PGM concentrate should this process route offer the best economic returns. These conclusions will be reflected in the Revised Scoping Study.
Tim Mann, P.Eng., Vice President of Engineering commented: "We are pleased with the results of the PGM testwork and with the overall pace and progress on the engineering studies being carried out for our Maracas project ".
As noted above, analytical work and testwork was carried out by SGS Minerals in Lakefield, Ontario Canada. Tim Mann, P. Eng., Largo's Vice President of Engineering, is the Qualified Person responsible for the scientific and technical work for the program as defined under National Instrument 43-101 and has reviewed this press release.
About Largo
Largo Resources is a Canadian natural resource development and exploration company with two advanced stage projects: the Northern Dancer Tungsten-Molybdenum deposit in the Yukon and the Maracas Vanadium-PGM deposit in Brazil. Largo also has a large (60,000 hectare) land position and prospective gold exploration properties in Ecuador; one of which, the 5,000 hectare Macuchi property, is under option to Aur Resources Inc. The company is listed on the TSX Venture Exchange under the symbol LGO.
For more information please refer to Largo's website: www.largoresources.com.
Disclaimer
Statements in this release that are not historical facts are "forward-looking statements" within the meaning of applicable securities laws. Readers are cautioned that any such statements are not guarantees of future performance and those actual developments or results may vary materially from those in these "forward-looking statements".
THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Contacts: Largo Resources Ltd. Mark Brennan President & CEO (416) 861-5886 Email: mbrennan@largoresources.com Largo Resources Ltd. Tony LaMantia VP, Corporate Development (416) 861-5882 Email: tlamantia@largoresources.com Website: www.largoresources.com
SOURCE: Largo Resources Ltd.
mailto:mbrennan@largoresources.com mailto:tlamantia@largoresources.com http://www.largoresources.com
Copyright 2007 Market Wire, All rights reserved.
Largo Reports Progress on PGM Recovery Testwork for the Maracas Vanadium-PGM Project (Bahia, Brazil)
9/10/2007
- Platsol testwork on whole ore exceeded 80% recovery for both platinum and palladium
TORONTO, ONTARIO, Sep 10, 2007 (MARKET WIRE via COMTEX News Network) --
Largo Resources Ltd. (TSX VENTURE: LGO) is pleased to announce that a scoping-level program of testwork to evaluate the potential viability of PGM recovery at its Maracas Vanadium Project (Bahia, Brazil) has been completed by SGS Mineral Services in Lakefield, Ontario Canada (SGS).
SGS has completed a program of testwork that included the following significant results:
- Flotation testwork, which resulted in the production of a concentrate with approximately 52 g/t platinum and 9 g/t palladium. A flowsheet involving a two-stage mill-float process has been proposed. The economics based on projected recoveries are being evaluated.
- Platsol testwork on whole ore that exceeded 80% recovery for both platinum and palladium after regrinding. SGS has proposed testwork to establish the effectiveness of the Platsol process on flotation concentrate and the economic sensitivity of the process to concentrate recovery and regrind costs.
SGS commented that the testwork demonstrates that PGMs could be recovered either through a concentration process, Platsol process or combination of these processes.
The PGM metallurgical test results have been forwarded to Micon International for their review and economic assessment. Micon has been mandated to produce a Revised Scoping Study based on a revised mineral resource and assessment of the PGMs. As a result of Largo's 2007 drill program at Maracas, the existing mineral resource is anticipated to significantly increase and result in an enhancement of the overall project economics. Also, Largo is in active discussions with several smelters to establish the value of the PGM concentrate should this process route offer the best economic returns. These conclusions will be reflected in the Revised Scoping Study.
Tim Mann, P.Eng., Vice President of Engineering commented: "We are pleased with the results of the PGM testwork and with the overall pace and progress on the engineering studies being carried out for our Maracas project ".
As noted above, analytical work and testwork was carried out by SGS Minerals in Lakefield, Ontario Canada. Tim Mann, P. Eng., Largo's Vice President of Engineering, is the Qualified Person responsible for the scientific and technical work for the program as defined under National Instrument 43-101 and has reviewed this press release.
About Largo
Largo Resources is a Canadian natural resource development and exploration company with two advanced stage projects: the Northern Dancer Tungsten-Molybdenum deposit in the Yukon and the Maracas Vanadium-PGM deposit in Brazil. Largo also has a large (60,000 hectare) land position and prospective gold exploration properties in Ecuador; one of which, the 5,000 hectare Macuchi property, is under option to Aur Resources Inc. The company is listed on the TSX Venture Exchange under the symbol LGO.
For more information please refer to Largo's website: www.largoresources.com.
Disclaimer
Statements in this release that are not historical facts are "forward-looking statements" within the meaning of applicable securities laws. Readers are cautioned that any such statements are not guarantees of future performance and those actual developments or results may vary materially from those in these "forward-looking statements".
THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Contacts: Largo Resources Ltd. Mark Brennan President & CEO (416) 861-5886 Email: mbrennan@largoresources.com Largo Resources Ltd. Tony LaMantia VP, Corporate Development (416) 861-5882 Email: tlamantia@largoresources.com Website: www.largoresources.com
SOURCE: Largo Resources Ltd.
mailto:mbrennan@largoresources.com mailto:tlamantia@largoresources.com http://www.largoresources.com
Copyright 2007 Market Wire, All rights reserved.
8) 8)
Sep 11, 2007 07:30 ET
NioGold Finds Uranium on Pump Lake
VAL-D'OR, QUEBEC--(Marketwire - Sept. 11, 2007) - NioGold Mining Corporation (TSX VENTURE:NOX)(FRANKFURT:NG1) ("NioGold") reports on the first phase of prospecting on the Pump Lake property, Quebec.
As anticipated, initial prospecting in July on the Pump Lake property resulted in the discovery of two uranium occurrences, named the Roxane and Emma showings. The showings lie along a newly defined radioactive structural trend where significant values of up to 0.24% U3O8 (4.7 lbs / ton U3O8) were obtained. The Pump Lake property was further enlarged to 150 square kilometres to cover the most prospective ground along this trend.
Roxane Showing: A northeast-southwest trending swarm of radioactive granitic intrusive dykes, possibly related to the Lesueur Alkaline Intrusive Complex, was discovered on the west side of the property. The dyke swarm was traced and prospected over a distance of 1 kilometre. Thirty-two (32) grab samples of outcrop of the intrusive material were taken with 16 samples returning assay values ranging from 0.01% to 0.20% U3O8 (0.2 to 4.0 lbs / ton U3O8). Higher values, ranging from 0.05% to 0.20% U3O8 (1.1 to 4.0 lbs / ton U3O8), were obtained in 8 samples all collected within a 200 metres stretch at the west end of the prospected area.
Emma Showing: A second isolated occurrence was discovered 6 kilometres on strike to the northeast of the Roxane showing. Sampling of a small trench dug over a radiometric anomaly returned assay values of up 0.24% U3O8 (4.7 lbs / ton U3O8). The Emma showing occurs in altered meta-sedimentary rocks possibly on the margin of underlying intrusive rocks.
In the past, the Pump Lake sector has undergone very limited exploration, particularly for uranium. The Roxane and Emma uranium occurrences were uncovered by field investigation of priority targets outlined by the airborne geophysical and geochemical surveys and structural lineament study completed during the spring. Detailed investigation is currently in progress over the Roxane showing. A field grid at 50-metre line spacing is being established over a 2.6 kilometre by 1.0 kilometre area. Abitibi Geophysics of Val-d'Or is conducting radiometric and magnetic geophysical surveying over the grid. Geophysical data is made available on a daily basis for prompt field investigation. Further prospecting along the northeast-southwest Roxane-Emma trend is planned.
Pump Lake is located 50 kilometres north of the Mt-Laurier uranium district, Quebec. Under the terms of an option agreement with Ressources Maxima inc. ("Maxima"), NioGold is earning a 100% interest in the Pump Lake property by paying a total of $100,000, issuing a total of 500,000 common shares to Maxima and incurring at least $500,000 of exploration expenditures.
Quality Assurance / Quality Control and Qualified Persons
The rock samples were bagged and sealed by NioGold personnel and delivered to ALS-Chemex in Val-d'Or, Quebec, an accredited laboratory. The samples were analysed for 38 elements by lithium meta-borate fusion and ICP-MS for quantitative results of all elements, including those encapsulated in resistive minerals. Samples returning uranium values greater than 1,000 ppm (0.1% U) were re-analysed by lithium borate 50:50 flux and XRF method.
This press release was prepared by Rock Lefrancois, P. Geo. (OGQ), the Company's Vice-President and Qualified Person as defined by National Instrument 43-101. The exploration programs are conducted under the supervision of Bertrand Brassard, M.Sc., P.Geo. (OGQ), also a Qualified Person as defined by National Instrument 43-101.
NioGold Mining Corporation - "The Golden Highway Runs Through NioGold"
NioGold Mining Corporation is a junior exploration company primarily focused on GOLD. The Company's main properties are the Camflo West and the Marban Block located in the Malartic and Val-d'Or Mining Camps, with a historic production of 25 million ounces of gold. The camps presently encompass several active advanced exploration and mine development projects such as Canadian Malartic (Osisko Exploration), Kiena (Wesdome), Midway (Northern Star Mining), Goldex (Agnico-Eagle) and Lac Herbin (Alexis Minerals). The Marban Block encompasses three former gold producers, namely the Norlartic, Kierens (First Canadian), and Marban mines that collectively produced 592,265 ounces of gold.
NioGold's experienced and qualified technical team will ensure the successful advancement of the Company's projects towards the highest quality mineral resources. NioGold invites you to visit the company website at www.niogold.com.
This Press Release includes forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties.
The TSX Venture Exchange or the Frankfurt Stock Exchange did not approve nor do not accept responsibility for the adequacy or accuracy of this news release.
Sep 11, 2007 07:30 ET
NioGold Finds Uranium on Pump Lake
VAL-D'OR, QUEBEC--(Marketwire - Sept. 11, 2007) - NioGold Mining Corporation (TSX VENTURE:NOX)(FRANKFURT:NG1) ("NioGold") reports on the first phase of prospecting on the Pump Lake property, Quebec.
As anticipated, initial prospecting in July on the Pump Lake property resulted in the discovery of two uranium occurrences, named the Roxane and Emma showings. The showings lie along a newly defined radioactive structural trend where significant values of up to 0.24% U3O8 (4.7 lbs / ton U3O8) were obtained. The Pump Lake property was further enlarged to 150 square kilometres to cover the most prospective ground along this trend.
Roxane Showing: A northeast-southwest trending swarm of radioactive granitic intrusive dykes, possibly related to the Lesueur Alkaline Intrusive Complex, was discovered on the west side of the property. The dyke swarm was traced and prospected over a distance of 1 kilometre. Thirty-two (32) grab samples of outcrop of the intrusive material were taken with 16 samples returning assay values ranging from 0.01% to 0.20% U3O8 (0.2 to 4.0 lbs / ton U3O8). Higher values, ranging from 0.05% to 0.20% U3O8 (1.1 to 4.0 lbs / ton U3O8), were obtained in 8 samples all collected within a 200 metres stretch at the west end of the prospected area.
Emma Showing: A second isolated occurrence was discovered 6 kilometres on strike to the northeast of the Roxane showing. Sampling of a small trench dug over a radiometric anomaly returned assay values of up 0.24% U3O8 (4.7 lbs / ton U3O8). The Emma showing occurs in altered meta-sedimentary rocks possibly on the margin of underlying intrusive rocks.
In the past, the Pump Lake sector has undergone very limited exploration, particularly for uranium. The Roxane and Emma uranium occurrences were uncovered by field investigation of priority targets outlined by the airborne geophysical and geochemical surveys and structural lineament study completed during the spring. Detailed investigation is currently in progress over the Roxane showing. A field grid at 50-metre line spacing is being established over a 2.6 kilometre by 1.0 kilometre area. Abitibi Geophysics of Val-d'Or is conducting radiometric and magnetic geophysical surveying over the grid. Geophysical data is made available on a daily basis for prompt field investigation. Further prospecting along the northeast-southwest Roxane-Emma trend is planned.
Pump Lake is located 50 kilometres north of the Mt-Laurier uranium district, Quebec. Under the terms of an option agreement with Ressources Maxima inc. ("Maxima"), NioGold is earning a 100% interest in the Pump Lake property by paying a total of $100,000, issuing a total of 500,000 common shares to Maxima and incurring at least $500,000 of exploration expenditures.
Quality Assurance / Quality Control and Qualified Persons
The rock samples were bagged and sealed by NioGold personnel and delivered to ALS-Chemex in Val-d'Or, Quebec, an accredited laboratory. The samples were analysed for 38 elements by lithium meta-borate fusion and ICP-MS for quantitative results of all elements, including those encapsulated in resistive minerals. Samples returning uranium values greater than 1,000 ppm (0.1% U) were re-analysed by lithium borate 50:50 flux and XRF method.
This press release was prepared by Rock Lefrancois, P. Geo. (OGQ), the Company's Vice-President and Qualified Person as defined by National Instrument 43-101. The exploration programs are conducted under the supervision of Bertrand Brassard, M.Sc., P.Geo. (OGQ), also a Qualified Person as defined by National Instrument 43-101.
NioGold Mining Corporation - "The Golden Highway Runs Through NioGold"
NioGold Mining Corporation is a junior exploration company primarily focused on GOLD. The Company's main properties are the Camflo West and the Marban Block located in the Malartic and Val-d'Or Mining Camps, with a historic production of 25 million ounces of gold. The camps presently encompass several active advanced exploration and mine development projects such as Canadian Malartic (Osisko Exploration), Kiena (Wesdome), Midway (Northern Star Mining), Goldex (Agnico-Eagle) and Lac Herbin (Alexis Minerals). The Marban Block encompasses three former gold producers, namely the Norlartic, Kierens (First Canadian), and Marban mines that collectively produced 592,265 ounces of gold.
NioGold's experienced and qualified technical team will ensure the successful advancement of the Company's projects towards the highest quality mineral resources. NioGold invites you to visit the company website at www.niogold.com.
This Press Release includes forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties.
The TSX Venture Exchange or the Frankfurt Stock Exchange did not approve nor do not accept responsibility for the adequacy or accuracy of this news release.
sehr gut gelaufen gestern - zwar nicht am TH geschlossen , aber wir wolllen ja nicht alle san 2 tagen erreichen.....
Sep 11, 2007 07:30 ET
NioGold Finds Uranium on Pump Lake
VAL-D'OR, QUEBEC--(Marketwire - Sept. 11, 2007) - NioGold Mining Corporation (TSX VENTURE:NOX)(FRANKFURT:NG1) ("NioGold") reports on the first phase of prospecting on the Pump Lake property, Quebec.
Sep 11, 2007 07:30 ET
NioGold Finds Uranium on Pump Lake
VAL-D'OR, QUEBEC--(Marketwire - Sept. 11, 2007) - NioGold Mining Corporation (TSX VENTURE:NOX)(FRANKFURT:NG1) ("NioGold") reports on the first phase of prospecting on the Pump Lake property, Quebec.
Sep 12, 2007 08:00 ET
Salazar Announces Finding of Surface Anomaly of 350 X 50 m at Sesmo Sur, EcuadorVANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 12, 2007) - Salazar Resources Ltd. (TSX VENTURE:SRL)(FRANKFURT:CCG) announces further results from the ongoing exploration program at Sesmo Sur, area including El Lobo Anomaly.
Significant results include:
- 44 meters at an average of 3.21 g/t gold and 15 g/t silver
- 52 m at an average of 3.71 g/t gold and 162 g/t silver
- 29 m at an average of 2.66 g/t gold and 14 g/t silver
- 12 m at an average of 1.07 g/t gold and 183 g/t silver
- Several floats (sub outcrops) of hydrothermal breccias with barite and
polisulphides, results: 1.5 g/t gold and 471 g/t silver, 1.64 g/t gold and 1665 g/t silver, 1.85 g/t gold and 415 g/t silver, among others.
A total of 325 rock chip samples were taken with lengths varying between 0.5 and 5 meters (101 trench samples, 90 outcrop samples, 24 floats and 110 manual pit samples of 1 to 4 meters depth). Values ranged from 0.01 to 16.65 g/t gold and 0.01 to 1665 g/t silver.
One hundred four soil samples were also collected; 78 channel samples and 26 auger samples with depths between 1 and 4 meters. The soil sampling identified a restricted gold and silver anomaly with coincident copper and lead near 892775mE and between 0849425mN and 0849400mN. There are other areas with base metal enrichment but do not have associated anomalous gold and silver.
NOTE: To view the tables associated with this release, please click the following link: http://www.ccnmatthews.com/docs/srl0912c.pdf
The Sesmo Sur Anomaly, lies within the Jordan 2 mining concession and is located 5.5 km south west of El Gallo (Figure 1, NOTE: To view Figures 1 and 2, please click the following link: http://www.ccnmatthews.com/docs/srl0912a.pdf). Gold and silver mineralization is hosted within a hydrothermal breccia with a matrix of barite and poly-sulphides (silver minerals are contained within galena, sphalerite and chalcopyrite) and covers an area 350 m by 50 m strike NN10W (including El Lobo Anomaly). The alteration zone to the east and west of the mineralized body consists of an argilic and silicified-pyritized volcanic andesites.
NOTE: To view Figures 3 through 11, please click the following link: http://www.ccnmatthews.com/docs/srl0912b.pdf
As our exploration program continues, the work is concentrating on testing the 5.5 km between El Gallo Anomaly and Sesmo Sur, searching for new indications of gold and silver mineralization. Rock and soil geochemistry and geology will continue at Sesmo Sur, along with geophysics and drilling. The geophysics program has commenced, it includes magnetometry and induced polarization, and is being performed by Geofisica Consultores, a Peruvian company with vast experience in this field.
Results on geophysics and drilling will be published shortly.
Dr. Howard Lahti, P. Geo, the Qualified Person (QP) for the Company has reviewed this news release and is responsible for its accuracy.
Samples preparation was performed by ALS Chemex Quito, Ecuador, using standard industry practices (Sample prep -32). Analytical work was carried out at the ALS Chemex Laboratory in Lima, Peru, using fire assay methods for gold (Au-25 procedure). Standard samples, blanks and duplicate check samples were randomly inserted to the sample batch to ensure quality control.
To view maps and photos related to the Curipamba Project please visit www.salazarresources.com
ON BEHALF OF THE BOARD OF SALAZAR RESOURCES LIMITED
Fredy Salazar, President & CEO
Salazar Resources Limited
Salazar Announces Finding of Surface Anomaly of 350 X 50 m at Sesmo Sur, EcuadorVANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 12, 2007) - Salazar Resources Ltd. (TSX VENTURE:SRL)(FRANKFURT:CCG) announces further results from the ongoing exploration program at Sesmo Sur, area including El Lobo Anomaly.
Significant results include:
- 44 meters at an average of 3.21 g/t gold and 15 g/t silver
- 52 m at an average of 3.71 g/t gold and 162 g/t silver
- 29 m at an average of 2.66 g/t gold and 14 g/t silver
- 12 m at an average of 1.07 g/t gold and 183 g/t silver
- Several floats (sub outcrops) of hydrothermal breccias with barite and
polisulphides, results: 1.5 g/t gold and 471 g/t silver, 1.64 g/t gold and 1665 g/t silver, 1.85 g/t gold and 415 g/t silver, among others.
A total of 325 rock chip samples were taken with lengths varying between 0.5 and 5 meters (101 trench samples, 90 outcrop samples, 24 floats and 110 manual pit samples of 1 to 4 meters depth). Values ranged from 0.01 to 16.65 g/t gold and 0.01 to 1665 g/t silver.
One hundred four soil samples were also collected; 78 channel samples and 26 auger samples with depths between 1 and 4 meters. The soil sampling identified a restricted gold and silver anomaly with coincident copper and lead near 892775mE and between 0849425mN and 0849400mN. There are other areas with base metal enrichment but do not have associated anomalous gold and silver.
NOTE: To view the tables associated with this release, please click the following link: http://www.ccnmatthews.com/docs/srl0912c.pdf
The Sesmo Sur Anomaly, lies within the Jordan 2 mining concession and is located 5.5 km south west of El Gallo (Figure 1, NOTE: To view Figures 1 and 2, please click the following link: http://www.ccnmatthews.com/docs/srl0912a.pdf). Gold and silver mineralization is hosted within a hydrothermal breccia with a matrix of barite and poly-sulphides (silver minerals are contained within galena, sphalerite and chalcopyrite) and covers an area 350 m by 50 m strike NN10W (including El Lobo Anomaly). The alteration zone to the east and west of the mineralized body consists of an argilic and silicified-pyritized volcanic andesites.
NOTE: To view Figures 3 through 11, please click the following link: http://www.ccnmatthews.com/docs/srl0912b.pdf
As our exploration program continues, the work is concentrating on testing the 5.5 km between El Gallo Anomaly and Sesmo Sur, searching for new indications of gold and silver mineralization. Rock and soil geochemistry and geology will continue at Sesmo Sur, along with geophysics and drilling. The geophysics program has commenced, it includes magnetometry and induced polarization, and is being performed by Geofisica Consultores, a Peruvian company with vast experience in this field.
Results on geophysics and drilling will be published shortly.
Dr. Howard Lahti, P. Geo, the Qualified Person (QP) for the Company has reviewed this news release and is responsible for its accuracy.
Samples preparation was performed by ALS Chemex Quito, Ecuador, using standard industry practices (Sample prep -32). Analytical work was carried out at the ALS Chemex Laboratory in Lima, Peru, using fire assay methods for gold (Au-25 procedure). Standard samples, blanks and duplicate check samples were randomly inserted to the sample batch to ensure quality control.
To view maps and photos related to the Curipamba Project please visit www.salazarresources.com
ON BEHALF OF THE BOARD OF SALAZAR RESOURCES LIMITED
Fredy Salazar, President & CEO
Salazar Resources Limited
Sep 12, 2007 08:30 ET sehr schön 
Tenajon Resources Corp.: Drilling Intersects 0.091% Mo Over 236.22 Metres Including a 109.49 Metre Intercept Averaging 0.126% Mo
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 12, 2007) - Tenajon Resources Corp. (TSX VENTURE:TJS) (the "Company") today announced the results for the first three diamond drill holes from the 2007 exploration program at its Ajax Molybdenum Property. The Ajax Molybdenum Property is located near Kitsault, northwestern British Columbia. Results include a 109.49 metre intercept averaging 0.126% Mo from the westernmost drill hole completed to date within the deposit. The 2007 diamond drill program is designed to:
1. Improve confidence in near surface mineralized zones;
2. Convert resources from the inferred to the measured and indicated category;
3. Test the theory which suggests that the grade of the deposit may have been underreported due to the orientation of most of the drill holes completed during previous drilling campaigns.
The Ajax Property hosts one of North America's largest undeveloped molybdenum deposits. At a 0.040% Mo cut-off the deposit hosts inferred resources of 448.8 million tonnes grading 0.063% Mo (623.4 million pounds) and an indicated mineral resource of 38.8 million tonnes averaging 0.064% Mo (56.4 million pounds). The estimate was prepared by Giroux Consultants Ltd., an independent consulting firm (released March 5, 2007). The current price of molybdenum is approximately US$32.125/lb.
Prior to the commencement of the 2007 drill program the Company contracted Dr. N. C. Carter, P. Eng., one of Canada's foremost experts on porphyry molybdenum deposits, to undertake a review of the Ajax Property. In Carter's study he states "The previous work on the Ajax Property suggests an area of enhanced grade may be related to an east-northeast trending fault zone near the northern limits of the current molybdenum zone." According to Carter this concept was originally proposed by Newmont geologists in 1966 but was not acted upon. Furthermore he concluded "Most of the holes completed on the Ajax Property have been inclined holes drilled on west southwest orientations essentially parallel to zones thought to contain enhanced molybdenum grades. A review of the results to date suggests that intervals of better molybdenum grade are contained in holes drilled within 100 metres of the east northeast fault zone."
Holes, 2007-1 to 3, tested a 300 metre long section of the deposit at 150 metre intervals which was identified as potentially hosting higher grade molybdenum values as proposed by Dr. Carter. All three holes intersected extensive sections hosting anomalous molybdenum values adjacent to fault zones. The results are summarized below.
-----------------------------------------------------------------Hole Length From To Interval Mo MoS2 (m) (m) (m) (m) (%) %-----------------------------------------------------------------2007-1 313.64 109.42 287.14 177.72 0.056 0.093----------------------------------------------------------------- Incl. 149.35 283.16 131.24 0.064 0.107-----------------------------------------------------------------2007-2 294.14 103.99 217.44 113.45 0.050 0.083----------------------------------------------------------------- Incl. 153.93 187.45 33.52 0.067 0.112-----------------------------------------------------------------2007-3 260.61 3.05 239.27 236.22 0.091 0.152----------------------------------------------------------------- Incl. 21.29 44.20 22.91 0.098 0.163----------------------------------------------------------------- and 129.78 239.27 109.49 0.126 0.210-----------------------------------------------------------------
Hole 2007-1 is the easternmost hole drilled, hole 3 the westernmost. The results show the zone continues to be open along strike and dip. Additional drilling is ongoing to further define the above trend and other areas of potential high grade molybdenum within the Ajax Deposit.
The work at Ajax is being completed by Apex Geoscience under the supervision of Dave Visagie, P. Geo., a Qualified Person as defined by NI 43-101.
At Ajax, drill core is sawn into halves with one half being sent for analysis the other kept for future reference. All samples are prepared and analyzed at Acme Analytical Labs using a four acid digestion with analysis by Induced Couple Polarization. A stringent program of check, blank and duplicate sampling is employed throughout with duplicates standards and blanks being entered into the sample stream at regular intervals. In addition a limited amount of samples were sent to ALS Chemex to determine the reproducibility of the results between labs.
On Behalf of the Board of Directors
TENAJON RESOURCES CORP.
D. Bruce McLeod, President
This news release may contain forward looking statements which are not historical facts, such as ore reserve estimates, anticipated production or results, sales, revenues, costs, or discussions of goals and exploration results, and involves a number of risks and uncertainties that could cause actual results to differ materially from those projected. These risks and uncertainties include, but are not limited to, metal price volatility, volatility of metals production, project development, ore reserve estimates, future anticipated reserves and cost engineering estimate risks, geological factors and exploration results. See the Company's filings for a more detailed discussion of factors that may impact expected results.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release.
Tenajon Resources Corp.: Drilling Intersects 0.091% Mo Over 236.22 Metres Including a 109.49 Metre Intercept Averaging 0.126% Mo
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 12, 2007) - Tenajon Resources Corp. (TSX VENTURE:TJS) (the "Company") today announced the results for the first three diamond drill holes from the 2007 exploration program at its Ajax Molybdenum Property. The Ajax Molybdenum Property is located near Kitsault, northwestern British Columbia. Results include a 109.49 metre intercept averaging 0.126% Mo from the westernmost drill hole completed to date within the deposit. The 2007 diamond drill program is designed to:
1. Improve confidence in near surface mineralized zones;
2. Convert resources from the inferred to the measured and indicated category;
3. Test the theory which suggests that the grade of the deposit may have been underreported due to the orientation of most of the drill holes completed during previous drilling campaigns.
The Ajax Property hosts one of North America's largest undeveloped molybdenum deposits. At a 0.040% Mo cut-off the deposit hosts inferred resources of 448.8 million tonnes grading 0.063% Mo (623.4 million pounds) and an indicated mineral resource of 38.8 million tonnes averaging 0.064% Mo (56.4 million pounds). The estimate was prepared by Giroux Consultants Ltd., an independent consulting firm (released March 5, 2007). The current price of molybdenum is approximately US$32.125/lb.
Prior to the commencement of the 2007 drill program the Company contracted Dr. N. C. Carter, P. Eng., one of Canada's foremost experts on porphyry molybdenum deposits, to undertake a review of the Ajax Property. In Carter's study he states "The previous work on the Ajax Property suggests an area of enhanced grade may be related to an east-northeast trending fault zone near the northern limits of the current molybdenum zone." According to Carter this concept was originally proposed by Newmont geologists in 1966 but was not acted upon. Furthermore he concluded "Most of the holes completed on the Ajax Property have been inclined holes drilled on west southwest orientations essentially parallel to zones thought to contain enhanced molybdenum grades. A review of the results to date suggests that intervals of better molybdenum grade are contained in holes drilled within 100 metres of the east northeast fault zone."
Holes, 2007-1 to 3, tested a 300 metre long section of the deposit at 150 metre intervals which was identified as potentially hosting higher grade molybdenum values as proposed by Dr. Carter. All three holes intersected extensive sections hosting anomalous molybdenum values adjacent to fault zones. The results are summarized below.
-----------------------------------------------------------------Hole Length From To Interval Mo MoS2 (m) (m) (m) (m) (%) %-----------------------------------------------------------------2007-1 313.64 109.42 287.14 177.72 0.056 0.093----------------------------------------------------------------- Incl. 149.35 283.16 131.24 0.064 0.107-----------------------------------------------------------------2007-2 294.14 103.99 217.44 113.45 0.050 0.083----------------------------------------------------------------- Incl. 153.93 187.45 33.52 0.067 0.112-----------------------------------------------------------------2007-3 260.61 3.05 239.27 236.22 0.091 0.152----------------------------------------------------------------- Incl. 21.29 44.20 22.91 0.098 0.163----------------------------------------------------------------- and 129.78 239.27 109.49 0.126 0.210-----------------------------------------------------------------
Hole 2007-1 is the easternmost hole drilled, hole 3 the westernmost. The results show the zone continues to be open along strike and dip. Additional drilling is ongoing to further define the above trend and other areas of potential high grade molybdenum within the Ajax Deposit.
The work at Ajax is being completed by Apex Geoscience under the supervision of Dave Visagie, P. Geo., a Qualified Person as defined by NI 43-101.
At Ajax, drill core is sawn into halves with one half being sent for analysis the other kept for future reference. All samples are prepared and analyzed at Acme Analytical Labs using a four acid digestion with analysis by Induced Couple Polarization. A stringent program of check, blank and duplicate sampling is employed throughout with duplicates standards and blanks being entered into the sample stream at regular intervals. In addition a limited amount of samples were sent to ALS Chemex to determine the reproducibility of the results between labs.
On Behalf of the Board of Directors
TENAJON RESOURCES CORP.
D. Bruce McLeod, President
This news release may contain forward looking statements which are not historical facts, such as ore reserve estimates, anticipated production or results, sales, revenues, costs, or discussions of goals and exploration results, and involves a number of risks and uncertainties that could cause actual results to differ materially from those projected. These risks and uncertainties include, but are not limited to, metal price volatility, volatility of metals production, project development, ore reserve estimates, future anticipated reserves and cost engineering estimate risks, geological factors and exploration results. See the Company's filings for a more detailed discussion of factors that may impact expected results.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release.
exzellente grades und wenn wir uns anschauen zu was fuer Preisen die vor gerade mal einem Monat ein Major Financing durchgeboxt haben...
TENAJON CLOSES $6.7 MILLION PRIVATE PLACEMENT
FUNDS TO ADVANCE MOLYBDENUM EXPLORATION PROGRAMS
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Tenajon Resources Corp. (TSX-V:TJS) (the “Company”) is pleased to announce that it has closed the brokered private placement, which includes the full amount of the over-allotment option, announced on July 17, 2007 raising gross proceeds of $6,768,925 through the issue of 4,038,000 units at $0.75 per Unit and 4,400,500 flow-through shares at $0.85 per share. Each Unit consists of one common share of Tenajon plus one half of one transferable common share purchase warrant with each whole purchase warrant exercisable into a common share at a price of $1.00 per share up to August 15, 2009. Dundee Securities Corporation and Canaccord Capital Corporation (the “Underwriters”) were paid a cash commission of 7% totaling $473,824.75 and issued 590,695 Underwriters’ Warrants, each Underwriters’ Warrant entitling the holder to acquire one common share of Tenajon at a price of $0.75 per share up to August 15, 2009.
All of the securities issued in the private placement are subject to a hold period
TENAJON CLOSES $6.7 MILLION PRIVATE PLACEMENT
FUNDS TO ADVANCE MOLYBDENUM EXPLORATION PROGRAMS
--------------------------------------------------------------------------------
Tenajon Resources Corp. (TSX-V:TJS) (the “Company”) is pleased to announce that it has closed the brokered private placement, which includes the full amount of the over-allotment option, announced on July 17, 2007 raising gross proceeds of $6,768,925 through the issue of 4,038,000 units at $0.75 per Unit and 4,400,500 flow-through shares at $0.85 per share. Each Unit consists of one common share of Tenajon plus one half of one transferable common share purchase warrant with each whole purchase warrant exercisable into a common share at a price of $1.00 per share up to August 15, 2009. Dundee Securities Corporation and Canaccord Capital Corporation (the “Underwriters”) were paid a cash commission of 7% totaling $473,824.75 and issued 590,695 Underwriters’ Warrants, each Underwriters’ Warrant entitling the holder to acquire one common share of Tenajon at a price of $0.75 per share up to August 15, 2009.
All of the securities issued in the private placement are subject to a hold period
Sep 12, 2007 08:30 ET sehr schön
Tenajon Resources Corp.: Drilling Intersects 0.091% Mo Over 236.22 Metres Including a 109.49 Metre Intercept Averaging 0.126% Mo
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 12, 2007) - Tenajon Resources Corp. (TSX VENTURE:TJS) (the "Company") today announced the results for the first three diamond drill holes from the 2007 exploration program at its Ajax Molybdenum Property. The Ajax Molybdenum Property is located near Kitsault, northwestern British Columbia. Results include a 109.49 metre intercept averaging 0.126% Mo from the westernmost drill hole completed to date within the deposit. The 2007 diamond drill program is designed to:
also Mindestziel der nächsten Tage 0,75 Can$..............
exzellente grades und wenn wir uns anschauen zu was fuer Preisen die vor gerade mal einem Monat ein Major Financing durchgeboxt haben...
TENAJON CLOSES $6.7 MILLION PRIVATE PLACEMENT
FUNDS TO ADVANCE MOLYBDENUM EXPLORATION PROGRAMS
--------------------------------------------------------------------------------
Tenajon Resources Corp. (TSX-V:TJS) (the “Company”) is pleased to announce that it has closed the brokered private placement, which includes the full amount of the over-allotment option, announced on July 17, 2007 raising gross proceeds of $6,768,925 through the issue of 4,038,000 units at $0.75 per Unit and 4,400,500 flow-through shares at $0.85 per share. Each Unit consists of one common share of Tenajon plus one half of one transferable common share purchase warrant with each whole purchase warrant exercisable into a common share at a price of $1.00 per share up to August 15, 2009. Dundee Securities Corporation and Canaccord Capital Corporation (the “Underwriters”) were paid a cash commission of 7% totaling $473,824.75 and issued 590,695 Underwriters’ Warrants, each Underwriters’ Warrant entitling the holder to acquire one common share of Tenajon at a price of $0.75 per share up to August 15, 2009.
All of the securities issued in the private placement are subject to a hold period
Sep 12, 2007 08:30 ET sehr schön
Tenajon Resources Corp.: Drilling Intersects 0.091% Mo Over 236.22 Metres Including a 109.49 Metre Intercept Averaging 0.126% Mo
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 12, 2007) - Tenajon Resources Corp. (TSX VENTURE:TJS) (the "Company") today announced the results for the first three diamond drill holes from the 2007 exploration program at its Ajax Molybdenum Property. The Ajax Molybdenum Property is located near Kitsault, northwestern British Columbia. Results include a 109.49 metre intercept averaging 0.126% Mo from the westernmost drill hole completed to date within the deposit. The 2007 diamond drill program is designed to:
Long
Cloudbreak Resources (TSX-V:CDB)
wieder mal ein Micro-Cap Play (MK 5mio CAD as of now), Explorationsphase 2007/8 ist durchfinanziert, 3 Projekte, auf 2en wird gebohrt, ein Hit und das Ding fliegt
keine besonders gute Website, Aktienstruktur ist veraltet, alles ca. Angaben nach laengerem Suchen
shares out: ca. 52mio
warrants7options: ca. 30mio
fd MK ca. 8mio CAD
fd cash ca 6mio CAD
drei Explorationsprogramme:
Tuerkei
Cu, Au, Mo, Ag, es wird gebohrt, erste Ergebnisse waren a la 140m mit 0,042% Cu
Nevada
es wird gebohrt
Cloudbreak Resources has recently acquired a 51% option on 26 claims covering 520 acres adjacent to Consolidated Gold Win Venture's Dolly Varden property to the east and to the past-producing Victoria mine to the west. Cons. Gold Win has made an enormous discovery recently with two extensive intersections of heavily mineralized material. One intersection of over 800 of mineralized core is currently being assayed. CGW's 'discovery hole' the first ever drilled on this virgin property struck 300 feet of mineralization with one 75 foot section grading .66% Cu.
Rumaenien
Au/Ag momentan nach NI Report in der Bohrvorbereitung, ev. Einstieg eines Joint Venture Partners
Cloudbreak Resources (TSX-V:CDB)
wieder mal ein Micro-Cap Play (MK 5mio CAD as of now), Explorationsphase 2007/8 ist durchfinanziert, 3 Projekte, auf 2en wird gebohrt, ein Hit und das Ding fliegt
keine besonders gute Website, Aktienstruktur ist veraltet, alles ca. Angaben nach laengerem Suchen
shares out: ca. 52mio
warrants7options: ca. 30mio
fd MK ca. 8mio CAD
fd cash ca 6mio CAD
drei Explorationsprogramme:
Tuerkei
Cu, Au, Mo, Ag, es wird gebohrt, erste Ergebnisse waren a la 140m mit 0,042% Cu
Nevada
es wird gebohrt
Cloudbreak Resources has recently acquired a 51% option on 26 claims covering 520 acres adjacent to Consolidated Gold Win Venture's Dolly Varden property to the east and to the past-producing Victoria mine to the west. Cons. Gold Win has made an enormous discovery recently with two extensive intersections of heavily mineralized material. One intersection of over 800 of mineralized core is currently being assayed. CGW's 'discovery hole' the first ever drilled on this virgin property struck 300 feet of mineralization with one 75 foot section grading .66% Cu.
Rumaenien
Au/Ag momentan nach NI Report in der Bohrvorbereitung, ev. Einstieg eines Joint Venture Partners
Noront Area Play Freewest an charttechnisch interessanter Marke
Die ersten ziehen schon mächtig an. Hoffentlich kommt Kobex auch noch irgendwann in die StartlöcherRohstoffwerte werden in den nächsten Monaten der Burner!
September 12, 2007 Trading Symbol: TSX.V-PBX
INTERNATIONAL PBX GRANTS OPTION TO EXPLORE HORNITOS AND PALO NEGRO IOCG TARGET CLAIMS, CHILE
The company is pleased to report that it has granted an option to Aldershot Resources Ltd. to explore the company’s Hornitos and Palo Negro claims. The claims cover 9700 hectares of the Atacama fault system which hosts major iron-oxide and iron-oxide-copper-gold deposits. For more details see the Aldershot news release issued today.
The company will receive one millon Aldershot common shares upon regulatory approval and Aldershot must expend $3 million ($250,000 committed) over four years to earn an eighty per cent undivided interest. International PBX will retain a twenty per cent carried interest.
ON BEHALF OF THE BOARD OF DIRECTORS OF
INTERNATIONAL PBX VENTURES LTD.
Dr. Gary Medford, P.Geo. , President and CEO
The TSX Venture Exchange does not accept responsibility for the accuracy or adequacy of this news release.
The company relies on “forward- looking” statement litigation protection.
--------------------------------------------------------------------------------
INTERNATIONAL PBX GRANTS OPTION TO EXPLORE HORNITOS AND PALO NEGRO IOCG TARGET CLAIMS, CHILE
The company is pleased to report that it has granted an option to Aldershot Resources Ltd. to explore the company’s Hornitos and Palo Negro claims. The claims cover 9700 hectares of the Atacama fault system which hosts major iron-oxide and iron-oxide-copper-gold deposits. For more details see the Aldershot news release issued today.
The company will receive one millon Aldershot common shares upon regulatory approval and Aldershot must expend $3 million ($250,000 committed) over four years to earn an eighty per cent undivided interest. International PBX will retain a twenty per cent carried interest.
ON BEHALF OF THE BOARD OF DIRECTORS OF
INTERNATIONAL PBX VENTURES LTD.
Dr. Gary Medford, P.Geo. , President and CEO
The TSX Venture Exchange does not accept responsibility for the accuracy or adequacy of this news release.
The company relies on “forward- looking” statement litigation protection.
--------------------------------------------------------------------------------
so, die 1 Mio Aktien von Aldershot haben im Mooment einen Gegenwert von 180.000 Can$; mit Steigerungspotential da deren Kurs auch in den letzten Tagen stark zurückgekommen ist + 20% Carried Interest............schön!
hatte nich Fisch sich mit SanGold vollgesaugt?
Sep 13, 2007 08:00 ET
"98" Vein High Grades and Length Significantly Increased
BISSETT, MB--(Marketwire - September 13, 2007) - Dale Ginn, CEO of San Gold Corporation (TSX VENTURE: SGR) is pleased to report that lateral mine development within the high grade "98" vein on the 29th level (4350 feet) of the Rice Lake Gold Mine has significantly extended the strike length to over 550 feet (168 m), with an average vein grade of 1.27 oz/ton (43.6 g/tonne) over an average true width of 5.0 feet (1.5 m). Details on the development results are contained below:
29th level, "98" vein:
-- Over 550 feet (168 m) of horizontal development completed.
-- Over 600 feet (183 m) of raise development completed on the "98" vein
to date.
-- Average face grade of 1.27 oz/ton (43.6 g/tonne) on lateral
development from chip samples.
-- True width of the vein established at 5.0 feet (1.5 m).
-- 54 faces were sampled and 270 samples were assayed.
-- 21 faces displayed vein grade averages between 1.0 oz/ton (34.2
g/tonne) and 6.46 oz/ton (221.2 g/tonne).
-- 14 faces displayed vein grade averages between 0.50 oz/ton (17.1
g/tonne) and 1.0 oz/ton (34.2 g/tonne).
-- 19 faces displayed vein grade averages between 0.16 oz/ton (5.5
g/tonne) and 0.50 oz/ton (17.1 g/tonne).
-- Individual sample values ranged from 0.10 oz/ton (3.4 g/tonne) to 7.64
oz/ton (261.6 g/tonne).
The "98" vein continues to be open in an upward direction with the plunge or "shoot" direction nearly perpendicular to the main plunge of previously mined zones. The recent development of this vein is also significant in that it stretches across the full width of the host gabbro unit, from footwall to hangingwall. This is consistent to the recent exploration drill results (see press release dated September 5, 2007) which are confirming the new geological model whereby high grade mineralization exists on the under-explored footwall side of the gabbro host. A new decline is now underway from the 26th level in order to access the high grade "93" and "98" veins at various elevations above the 29th level in order to establish numerous stoping blocks within the high grade veins.
The above program was carried out under the supervision of D. Ginn, P.Geo., the Qualified Person for San Gold under National Instrument 43-101. Chip, muck and mill samples are assayed on site in the company's assay lab using the fire assay method with an AA and gravimetric finish. San Gold's quality control and assurance program includes the insertion of blanks and standards, the retention of pulps and rejects, and spot checks utilizing independent labs including TSL Laboratories in Saskatoon, SK and Accurassay Laboratories of Thunder Bay, ON.
For further information contact Dale Ginn, President of San Gold Corporation, at (204) 794-5818 or investor information at 1-800-321-8564 or visit www.sangoldcorp.com.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
(TSX VENTURE: SGR) www.sangoldcorp.com
Sep 13, 2007 08:00 ET
"98" Vein High Grades and Length Significantly Increased
BISSETT, MB--(Marketwire - September 13, 2007) - Dale Ginn, CEO of San Gold Corporation (TSX VENTURE: SGR) is pleased to report that lateral mine development within the high grade "98" vein on the 29th level (4350 feet) of the Rice Lake Gold Mine has significantly extended the strike length to over 550 feet (168 m), with an average vein grade of 1.27 oz/ton (43.6 g/tonne) over an average true width of 5.0 feet (1.5 m). Details on the development results are contained below:
29th level, "98" vein:
-- Over 550 feet (168 m) of horizontal development completed.
-- Over 600 feet (183 m) of raise development completed on the "98" vein
to date.
-- Average face grade of 1.27 oz/ton (43.6 g/tonne) on lateral
development from chip samples.
-- True width of the vein established at 5.0 feet (1.5 m).
-- 54 faces were sampled and 270 samples were assayed.
-- 21 faces displayed vein grade averages between 1.0 oz/ton (34.2
g/tonne) and 6.46 oz/ton (221.2 g/tonne).
-- 14 faces displayed vein grade averages between 0.50 oz/ton (17.1
g/tonne) and 1.0 oz/ton (34.2 g/tonne).
-- 19 faces displayed vein grade averages between 0.16 oz/ton (5.5
g/tonne) and 0.50 oz/ton (17.1 g/tonne).
-- Individual sample values ranged from 0.10 oz/ton (3.4 g/tonne) to 7.64
oz/ton (261.6 g/tonne).
The "98" vein continues to be open in an upward direction with the plunge or "shoot" direction nearly perpendicular to the main plunge of previously mined zones. The recent development of this vein is also significant in that it stretches across the full width of the host gabbro unit, from footwall to hangingwall. This is consistent to the recent exploration drill results (see press release dated September 5, 2007) which are confirming the new geological model whereby high grade mineralization exists on the under-explored footwall side of the gabbro host. A new decline is now underway from the 26th level in order to access the high grade "93" and "98" veins at various elevations above the 29th level in order to establish numerous stoping blocks within the high grade veins.
The above program was carried out under the supervision of D. Ginn, P.Geo., the Qualified Person for San Gold under National Instrument 43-101. Chip, muck and mill samples are assayed on site in the company's assay lab using the fire assay method with an AA and gravimetric finish. San Gold's quality control and assurance program includes the insertion of blanks and standards, the retention of pulps and rejects, and spot checks utilizing independent labs including TSL Laboratories in Saskatoon, SK and Accurassay Laboratories of Thunder Bay, ON.
For further information contact Dale Ginn, President of San Gold Corporation, at (204) 794-5818 or investor information at 1-800-321-8564 or visit www.sangoldcorp.com.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
(TSX VENTURE: SGR) www.sangoldcorp.com
Sep 13, 2007 08:33 ET
Chariot Announces Additional High Grade Cu Oxide Intercepts at Potential Starter Pit
22.0 Metres @ 2.08% Cu including 10.0 Metres @ 3.57% Cu;
42.0 Metres @ 1.26% Cu including 18.0 Metres @ 2.46% Cu
TORONTO, ONTARIO--(Marketwire - Sept. 13, 2007) - Chariot Resources Limited ("Chariot") (TSX:CHD) is pleased to announce additional drill results from its planned 40,000 metre 2007 drilling campaign at the Marcona Copper Project. Results reported today are from a follow-up round of drilling at the Magnetite Manto area. Previous drill results from this area were released on May 10 and August 1, 2006 and May 17, 2007.
Magnetite Manto is located approximately 1 km west of the Mina Justa Main Pit. The current results cover an estimated strike length of about 380 metres out of a projected strike length of about 550 metres for the entire Magnetite Manto zone. The Scoping Study has identified this area as having the potential to become a high grade copper oxide starter pit.
Notable highlights from the follow-up round of drilling at Magnetite Manto are (all results are copper oxide mineralization):
- MJV-07-103 28.0 metres at 0.979% Cu (122m to 150m)
- MJV-07 107 22.0 metres at 1.07% Cu (138m to 160m)
- MJV-07-111 30.0 metres at 1.46% Cu (78m to 108m), including 12.0 metres at 2.60% Cu (90m to 102 m)
- MJV-07-114 32.0 metres at 1.39% Cu (160m to 192m), including 18.0 metres at 2.24% Cu (166m to 184m)
- MJV-07-117 24.0 metres at 1.23% Cu (120m to 144m)
- MJV-07-123 38.0 metres at 1.09% Cu (126m to 164m)
- MJV-07-128 42.0 metres at 1.26% Cu (144m to 186m), including 18.0 metres at 2.46% Cu (162m to 180m)
- MJV-07-130 22.0 metres at 2.08% Cu (108m to 130m), including 10.0 metres at 3.57% Cu (110m to 120m)
- MJV-07-135 20.0 metres at 1.47 % Cu (130m to 150m)
- MJV-07-141 10.0 metres at 1.97% Cu ( 160m to 170m)
- MJV-07-163 16.0 metres at 1.25% Cu (38m to 54m)
All intersections were determined using a rolling 0.25% Cu cut-off and up to 2 metres of internal waste. High-grade intersections in copper oxide mineralization were calculated using a rolling 1% Cu cut-off and up to 2 metres of internal waste. Higher-grade intersections in copper sulphide mineralization were determined using a rolling 2% Cu cut-off. All intercepts are down-hole length and intersection true widths have not been calculated.
Sampling procedures for the current drilling program are the same as previously reported. All RC chips are logged at the Mina Justa project site. Holes are sampled in their entirety in two metres runs and split at the drill site. A 1/8 split or approximately 5 kilograms of a two metres sample is submitted to the on-site SGS Lakefield Research ("SGS") preparation facility where samples are crushed to 95% passing 10 mesh and riffle split from which a 250 gram sub-sample is taken. The sub-sample is submitted to SGS, in Lima, for analysis. The coarse sample prep reject is bagged and stored on site and following analysis, the analytical pulp sample is returned to Chariot for on-site storage.
All samples are analyzed for copper (Cu) using sequential leach, resulting in four Cu analyses per sample (Cu total, Cu soluble in sulphuric acid, Cu soluble in sodium cyanide and a Cu residual). Gold is sampled using a 30 gram Fire Assay with an AA finish. Sulphide samples are submitted for 38 element ICP analysis with aqua-regia digest. Quality control procedures include insertion of certified project standards at the drill site (1 in 30), field, crush and pulp duplicate samples (1 in 30 each), laboratory duplicates (1 in 30) and reagent blanks and reference material (1 in 30 each).
Data contained in this news release was validated and intersections calculated by John D. Kapusta, P. Geo., Vice-President Exploration and Geological Services, Chariot Resources Limited, the designated Qualified Person as defined in National Instrument 43-101.
Mr. Ulli Rath, President and CEO, said, "The follow-up round of drilling at Magnetite Manto has reinforced our belief that this area will become the project starter pit. With the potential for several years of high grade output, the area's size, grade, and location make it ideal from which to start our vat leaching operations."
Chariot Resources Limited (TSX:CHD) is developing its 70% owned Marcona Copper Property in Peru. With exceptional infrastructure, a significant resource and strong financial and commercial partners, the Mina Justa project is scheduled to be a mid-tier copper producer.
Additional details about Chariot can be viewed at the Company's website, www.chariotresources.com.
CHARIOT RESOURCES LIMITED
Chariot Announces Additional High Grade Cu Oxide Intercepts at Potential Starter Pit
22.0 Metres @ 2.08% Cu including 10.0 Metres @ 3.57% Cu;
42.0 Metres @ 1.26% Cu including 18.0 Metres @ 2.46% Cu
TORONTO, ONTARIO--(Marketwire - Sept. 13, 2007) - Chariot Resources Limited ("Chariot") (TSX:CHD) is pleased to announce additional drill results from its planned 40,000 metre 2007 drilling campaign at the Marcona Copper Project. Results reported today are from a follow-up round of drilling at the Magnetite Manto area. Previous drill results from this area were released on May 10 and August 1, 2006 and May 17, 2007.
Magnetite Manto is located approximately 1 km west of the Mina Justa Main Pit. The current results cover an estimated strike length of about 380 metres out of a projected strike length of about 550 metres for the entire Magnetite Manto zone. The Scoping Study has identified this area as having the potential to become a high grade copper oxide starter pit.
Notable highlights from the follow-up round of drilling at Magnetite Manto are (all results are copper oxide mineralization):
- MJV-07-103 28.0 metres at 0.979% Cu (122m to 150m)
- MJV-07 107 22.0 metres at 1.07% Cu (138m to 160m)
- MJV-07-111 30.0 metres at 1.46% Cu (78m to 108m), including 12.0 metres at 2.60% Cu (90m to 102 m)
- MJV-07-114 32.0 metres at 1.39% Cu (160m to 192m), including 18.0 metres at 2.24% Cu (166m to 184m)
- MJV-07-117 24.0 metres at 1.23% Cu (120m to 144m)
- MJV-07-123 38.0 metres at 1.09% Cu (126m to 164m)
- MJV-07-128 42.0 metres at 1.26% Cu (144m to 186m), including 18.0 metres at 2.46% Cu (162m to 180m)
- MJV-07-130 22.0 metres at 2.08% Cu (108m to 130m), including 10.0 metres at 3.57% Cu (110m to 120m)
- MJV-07-135 20.0 metres at 1.47 % Cu (130m to 150m)
- MJV-07-141 10.0 metres at 1.97% Cu ( 160m to 170m)
- MJV-07-163 16.0 metres at 1.25% Cu (38m to 54m)
All intersections were determined using a rolling 0.25% Cu cut-off and up to 2 metres of internal waste. High-grade intersections in copper oxide mineralization were calculated using a rolling 1% Cu cut-off and up to 2 metres of internal waste. Higher-grade intersections in copper sulphide mineralization were determined using a rolling 2% Cu cut-off. All intercepts are down-hole length and intersection true widths have not been calculated.
Sampling procedures for the current drilling program are the same as previously reported. All RC chips are logged at the Mina Justa project site. Holes are sampled in their entirety in two metres runs and split at the drill site. A 1/8 split or approximately 5 kilograms of a two metres sample is submitted to the on-site SGS Lakefield Research ("SGS") preparation facility where samples are crushed to 95% passing 10 mesh and riffle split from which a 250 gram sub-sample is taken. The sub-sample is submitted to SGS, in Lima, for analysis. The coarse sample prep reject is bagged and stored on site and following analysis, the analytical pulp sample is returned to Chariot for on-site storage.
All samples are analyzed for copper (Cu) using sequential leach, resulting in four Cu analyses per sample (Cu total, Cu soluble in sulphuric acid, Cu soluble in sodium cyanide and a Cu residual). Gold is sampled using a 30 gram Fire Assay with an AA finish. Sulphide samples are submitted for 38 element ICP analysis with aqua-regia digest. Quality control procedures include insertion of certified project standards at the drill site (1 in 30), field, crush and pulp duplicate samples (1 in 30 each), laboratory duplicates (1 in 30) and reagent blanks and reference material (1 in 30 each).
Data contained in this news release was validated and intersections calculated by John D. Kapusta, P. Geo., Vice-President Exploration and Geological Services, Chariot Resources Limited, the designated Qualified Person as defined in National Instrument 43-101.
Mr. Ulli Rath, President and CEO, said, "The follow-up round of drilling at Magnetite Manto has reinforced our belief that this area will become the project starter pit. With the potential for several years of high grade output, the area's size, grade, and location make it ideal from which to start our vat leaching operations."
Chariot Resources Limited (TSX:CHD) is developing its 70% owned Marcona Copper Property in Peru. With exceptional infrastructure, a significant resource and strong financial and commercial partners, the Mina Justa project is scheduled to be a mid-tier copper producer.
Additional details about Chariot can be viewed at the Company's website, www.chariotresources.com.
CHARIOT RESOURCES LIMITED
Sep 13, 2007 09:02 ET
International PBX Drills 512m of 0.051% Mo on its Moly-Copper Property, Chile
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 13, 2007) - International PBX Ventures Ltd. (TSX VENTURE:PBX) is pleased to report the following results from the molybdenum-copper resource definition program comprising 15,000 metres of diamond drilling.
-------------------------------------------------------- From WidthHole # (m) To (m) (m) % Mo % Cu g/t Re--------------------------------------------------------CQ 63 0.0 512.0 512.0 0.051 0.06 0.08--------------------------------------------------------including 60.0 234.0 174.0 0.070 0.06 0.12--------------------------------------------------------including 308.0 368.0 60.0 0.072 0.05 0.11--------------------------------------------------------
--------------------------------------------------------CQ 64 31.8 190.1 158.3 0.040 0.26 0.09--------------------------------------------------------including 82.0 158.0 76.0 0.059 0.27 0.13--------------------------------------------------------
--------------------------------------------------------CQ 65 13.5 210.0 196.5 0.019 0.13 0.06--------------------------------------------------------including 13.5 100.0 86.5 0.033 0.13 0.09--------------------------------------------------------Note 0.1% Mo equals 2 lb/short ton1% copper equals 20 lb/short tonHole locations are posted on www.internationalpbx.com
Hole 63 is drilled from the valley bottom to a depth of 512 metres. The drill ended in mineralization and extends the depth of mineralization approximately 100 metres below previous holes. Hole 64 shows increasing copper as it is located in the transition area north of the Cerro Moly Molybdenum zone and south of the Sulphato Copper zone. Hole 65 is located near the east boundary of mineralization.
All analyses were carried out at ALS Patagonia Laboratories, Coquimbo, Chile.
Tor Bruland, MSc, P.Geo. is the qualified person under National Instrument 43-101 in charge of the program. The results should be considered preliminary exploration data.
Copaquire is located in northern Chile on the west fissure which hosts some of the largest copper-molybdenum porphyry mines in the world. It is the last well-exposed major porphyry system in Chile yet to be fully explored. The company has an option to purchase a 100 per cent interest in the property.
ON BEHALF OF THE BOARD OF DIRECTORS OF INTERNATIONAL PBX VENTURES LTD.
Dr. Gary Medford, P.Geo., President and CEO
The company relies on "forward-looking" statement litigation protection.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
International PBX Drills 512m of 0.051% Mo on its Moly-Copper Property, Chile
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 13, 2007) - International PBX Ventures Ltd. (TSX VENTURE:PBX) is pleased to report the following results from the molybdenum-copper resource definition program comprising 15,000 metres of diamond drilling.
-------------------------------------------------------- From WidthHole # (m) To (m) (m) % Mo % Cu g/t Re--------------------------------------------------------CQ 63 0.0 512.0 512.0 0.051 0.06 0.08--------------------------------------------------------including 60.0 234.0 174.0 0.070 0.06 0.12--------------------------------------------------------including 308.0 368.0 60.0 0.072 0.05 0.11--------------------------------------------------------
--------------------------------------------------------CQ 64 31.8 190.1 158.3 0.040 0.26 0.09--------------------------------------------------------including 82.0 158.0 76.0 0.059 0.27 0.13--------------------------------------------------------
--------------------------------------------------------CQ 65 13.5 210.0 196.5 0.019 0.13 0.06--------------------------------------------------------including 13.5 100.0 86.5 0.033 0.13 0.09--------------------------------------------------------Note 0.1% Mo equals 2 lb/short ton1% copper equals 20 lb/short tonHole locations are posted on www.internationalpbx.com
Hole 63 is drilled from the valley bottom to a depth of 512 metres. The drill ended in mineralization and extends the depth of mineralization approximately 100 metres below previous holes. Hole 64 shows increasing copper as it is located in the transition area north of the Cerro Moly Molybdenum zone and south of the Sulphato Copper zone. Hole 65 is located near the east boundary of mineralization.
All analyses were carried out at ALS Patagonia Laboratories, Coquimbo, Chile.
Tor Bruland, MSc, P.Geo. is the qualified person under National Instrument 43-101 in charge of the program. The results should be considered preliminary exploration data.
Copaquire is located in northern Chile on the west fissure which hosts some of the largest copper-molybdenum porphyry mines in the world. It is the last well-exposed major porphyry system in Chile yet to be fully explored. The company has an option to purchase a 100 per cent interest in the property.
ON BEHALF OF THE BOARD OF DIRECTORS OF INTERNATIONAL PBX VENTURES LTD.
Dr. Gary Medford, P.Geo., President and CEO
The company relies on "forward-looking" statement litigation protection.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Bei Sacre Coeur SCM, S5N ist was im Busch, das Teil zieht seit 2 Wochen konsquent nach oben!
Sep 13, 2007 13:00 ET
Purepoint Uranium Group Inc.: Options its Fire Eye and William River Projects
TORONTO, ONTARIO--(Marketwire - Sept. 13, 2007) - Purepoint Uranium Group Inc. (TSX VENTURE:PTU) today entered into an agreement to grant to RYM Capital Corp., a TSX-V listed company, options to acquire up to a 51% interest in Purepoint's Fire Eye project and up to a 50% interest in Purepoint's William River project. Both projects are situated in the western area of Saskatchewan's Athabasca Basin, the world's richest uranium region.
"Over the past two years Purepoint has devoted significant resources to the advancement of these highly valued projects, and the next stages of advanced exploration and drilling will require techniques and expertise unique to this area of the Basin" said Chris Frostad, Purepoint's President and CEO. "Through this transaction we will ensure that these properties receive the considerable focus and funding necessary to continue their rapid development, while at the same time accelerating market recognition of the potential value of these properties."
Purepoint has been recently focused on its 100% owned Turnor Lake and Red Willow projects, along with its newer Smart Lake and Hook Lake projects joint ventured with Cameco and AREVA/Cameco respectively.
Option Highlights:
- Upon closing, RYM will purchase an immediate 20% interest in Purepoint's Fire Eye project for $1,600,000 payable in cash and common shares of RYM;
- RYM may earn up to an additional 31% of the Fire Eye project by spending up to $2,500,000 in exploration by the end of 2009;
- Prior to February, 2008, RYM may purchase a 20% interest in Purepoint's William River project for $3,400,000 payable in cash and common shares of RYM;
- RYM may earn up to an additional 30% of the William River project by spending up to $5,000,000 in exploration by the end of 2009;
- Purepoint's exploration team will remain as operator of both projects.
Fire Eye Project
Purepoint Uranium Group Inc.: Options its Fire Eye and William River Projects
TORONTO, ONTARIO--(Marketwire - Sept. 13, 2007) - Purepoint Uranium Group Inc. (TSX VENTURE:PTU) today entered into an agreement to grant to RYM Capital Corp., a TSX-V listed company, options to acquire up to a 51% interest in Purepoint's Fire Eye project and up to a 50% interest in Purepoint's William River project. Both projects are situated in the western area of Saskatchewan's Athabasca Basin, the world's richest uranium region.
"Over the past two years Purepoint has devoted significant resources to the advancement of these highly valued projects, and the next stages of advanced exploration and drilling will require techniques and expertise unique to this area of the Basin" said Chris Frostad, Purepoint's President and CEO. "Through this transaction we will ensure that these properties receive the considerable focus and funding necessary to continue their rapid development, while at the same time accelerating market recognition of the potential value of these properties."
Purepoint has been recently focused on its 100% owned Turnor Lake and Red Willow projects, along with its newer Smart Lake and Hook Lake projects joint ventured with Cameco and AREVA/Cameco respectively.
Option Highlights:
- Upon closing, RYM will purchase an immediate 20% interest in Purepoint's Fire Eye project for $1,600,000 payable in cash and common shares of RYM;
- RYM may earn up to an additional 31% of the Fire Eye project by spending up to $2,500,000 in exploration by the end of 2009;
- Prior to February, 2008, RYM may purchase a 20% interest in Purepoint's William River project for $3,400,000 payable in cash and common shares of RYM;
- RYM may earn up to an additional 30% of the William River project by spending up to $5,000,000 in exploration by the end of 2009;
- Purepoint's exploration team will remain as operator of both projects.
Fire Eye Project
Bei Sacre Coeur SCM, S5N ist was im Busch, das Teil zieht seit 2 Wochen konsquent nach oben!
» zur Grafik
SACRE-COEUR MINERALS LTD
Sacre-Coeur Discovers Rich Gold-Bearing Zone in Its Northwest Project Area; Chip Samples Show Exceptional Grades Including 115.38 g/t Au
9/14/2007
VANCOUVER, BC, Sep 14, 2007 (MARKET WIRE via COMTEX News Network) --
SACRE-COEUR MINERALS, LTD. (the "Company") (TSX-V: SCM) (FRANKFURT: S5N) is pleased to report that it has received initial results from its regional sampling program on its 1,250 sq km Northwest Project area located in the Region 1, Mining District 5 of Guyana, South America. Reconnaissance work commenced on this project in January of this year and has been ongoing. Follow-up soil geo-chem sampling is being conducted on many of the areas identified as most prospective during the reconnaissance program. Early results from the sampling program along with field mapping have identified three high priority targets for drilling along a structural trend which extends for nearly 12 kilometres in a North-easterly direction through property held by the Company.
Soil auger samples taken at nominal two meter depth as well as one meter chip samples taken from quartz veins too hard for auger sampling have identified numerous gold anomalies for follow-up. Most notable among these is a sizeable anomalous zone measuring 1,280 meters X 360 meters which yielded extraordinary results including 115.38 g/t Au from one chip sample, NW-2079, as well as several other very high grade, near surface soil and chip samples, the results of which are presented in the table below.
-***-
TABLE OF SELECTED AUGER AND CHIP SAMPLE RESULTS
---------------------------------------------------------------------------
Sample # Assay Sample Sample Width Comment
(g/t Au) Type (meters)
---------------------------------------------------------------------------
NW-2069 32.74 chip 1.0 in situ qtz vein
---------------------------------------------------------------------------
NW-2070 19.21 chip 1.0 in situ qtz vein
---------------------------------------------------------------------------
NW-2071 40.71 chip 1.0 in situ qtz vein
---------------------------------------------------------------------------
NW-2072 6.25 chip 1.0 in situ qtz vein
---------------------------------------------------------------------------
NW-2078 3.90 chip 1.0 in situ qtz vein
---------------------------------------------------------------------------
NW-2079 115.38 chip 1.0 in situ qtz vein
---------------------------------------------------------------------------
NW-2080 2.07 chip 1.0 in situ qtz vein
---------------------------------------------------------------------------
NW-2081 3.17 chip 1.0 in situ qtz vein
---------------------------------------------------------------------------
NW-2105 3.85 Auger soil N/A alluvial/artisanal tailings
---------------------------------------------------------------------------
NW-2106 31.39 Auger soil N/A in situ sugary qtz vein
---------------------------------------------------------------------------
NW-2108 4.48 chip 1.0 in situ qtz vein
---------------------------------------------------------------------------
NW-2109 24.09 chip 1.0 in situ qtz vein
---------------------------------------------------------------------------
Notes: Assays are uncut.
-****-
The sampling program was conducted on a nominal 100 meter X 100 meter grid. The anomalous zone referred to above was tested by a total of 42 chip and soil samples. Of the 42 total, 29 were anomalous at > 0.05 ppm Au, including the 12 high-grade samples shown in the table. The zone identified consists of a stock-work containing a high density of mineralized quartz veins.
The Company's 1,250 sq km Northwest Project area is comprised of concessions under license from prominent local businessman, Alfro Alphonso, as well as properties directly acquired by the Company from the Guyana Geology and Mines Commission, and acquisitions from several other Guyanese private individuals. These additional acquisitions have been made to expand the Company's holdings along a highly prospective structural trend identified during reconnaissance work.
According to Irwin Olian, CEO of the Company, "We are very excited with the initial results now coming from our new Northwest Project area, in addition to the ongoing success we are enjoying at our flagship property, Million Mountain, where core drilling is continuing at an aggressive rate and continues to expand the scope of the gold-bearing zone. Discovery of a rich gold-bearing zone in the Northwest Project now gives us a second major regional exploration project to pursue. We have ordered a second new Atlas Copco core drill rig for delivery later this fall. It will permit us to further accelerate our drilling programs on both of these projects."
Assay Data
The Company uses Loring Laboratories - Guyana, a subsidiary of Loring Laboratories, Ltd. of Calgary, Alberta qualitatively to analyze geo-chem and other field samples. The results presented herein are composites of the assay of the coarse metallic fraction (+200 mesh) and the assay for the -200 mesh pulp to produce a total contained gold assay. Splits of every 10th sample and splits of all samples returning assay of greater than 5.0 g/t Au are sent to ALS Chemex' Vancouver, BC facility for check assay.
Technical Staff
The Company's exploration program is overseen by Gregory B. Sparks, P. Eng., Senior Vice President Mining and Exploration for the Company, along with the project geologic staff including Jack King, Project Manager Northwest Region, Joseph Calpito, Senior Project Geologist, and Maria King, Senior Project Geologist. Mr. Sparks is a Qualified Persons under NI 43-101. Mr. Ardito Martohardjono, a Director of the Company and laboratory specialist, provides assistance establishing lab protocols and sample handling and assay quality control.
About Sacre-Coeur
The Company is engaged in the acquisition, exploration and development of properties for the potential mining of gold, metals and diamonds in South America, initially focusing on exploration for gold on its properties in Guyana. The Company presently has an interest in approximately 850 square miles of mineral properties in Guyana, including the Million Mountain Property. The Company has offices in Vancouver, Canada and Georgetown, Guyana. More information about the Company is available at www.scminerals.com.
ON BEHALF OF THE BOARD OF DIRECTORS OF SACRE-COEUR MINERALS, LTD. "Gregory B. Sparks" Gregory B. Sparks, P. Eng. Sr. VP Mining & Exploration
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of the information contained herein. The statements made in this press release may contain certain forward-looking statements that involve a number of risks and uncertainties. Actual events or results may differ from the Company's expectations.
Distributed by Filing Services Canada and retransmitted by Marketwire
For further information, contact:
Irwin Olian
President and CEO
Email: Email Contact
Phone: 604-899-0100
Fax: 604-899-0200
Lee Dunston
Corporate Communications
Email: Email Contact
Phone: 604-899-0100
Fax: 604-899-0200
SACRE-COEUR MINERALS, LTD.
Suite 1925, Box 11553
650 West Georgia Street
Vancouver, BC
V6B 4N8
SOURCE: Sacre-Coeur Minerals, Ltd.
http://www2.marketwire.com/mw/emailprcntct?id=5A67853FEFA28342 http://www2.marketwire.com/mw/emailprcntct?id=A11C2905845BCA14
Copyright 2007 Market Wire, All rights reserved.
Neue, reichhaltige Goldzone mit 115 g/t Gold entdeckt!
Am Mittwoch schrieben wir unseren Premium-Abonnenten:
"Sacre-Coeur Minerals vor HAMMERMELDUNG?
Heute haben wir eine SMS an unsere Premium-Abonnenten versendet und Ihnen den dringenden Kauf von Sacre-Coeur Minerals (WKN A0JKHQ) bis 1,40 Euro empfohlen.
Nach nächtlichen Telefonaten mit Analysten von Haywood Securities und Canaccord Capital sieht alles danach aus, dass bei dem in Guyana aktiven Goldexplorationsunternehmen in Kürze eine Bombe platzen dürfte!
Deshalb jetzt schnell noch die wichtigsten Fakten: Ende 2005 erfolgte der Börsengang von Sacre-Coeur Minerals zu einem Kurs von 1,50 CAD. Nach spektakulären Bohrergebnissen explodierte die Aktie im vergangenen Jahr auf 3,00 CAD bzw. in diesem Jahr in der Spitze auf über 3,50 CAD. Derzeit notiert die Aktie bei 1,80 CAD. Im Zuge der allgemeine Schwäche bei den Rohstoffwerten wurde Sacre-Coeur ohne Sinn und Verstand nach unten geprügelt. Und das trotz sehr guter Ergebnisse.
Ende August 2007 meldete das Unternehmen 106,9 Meter mit 1,36 Gramm Gold pro Tonne von einem Bohrloch, welches 100 Meter südöstlich der bisherigen Bohrungen lag! Die Ausmaße der oberflächennahen Goldmineralisierung werden größer und größer!
Grabenarbeiten und die Sammlung von Bodenproben wurden jetzt sogar mehr als 1.000 Meter weiter östlich durchgeführt, um die Bohrungen vorzubereiten. Liegt hier der Schlüssel für die aufkeimenden Gerüchte in Kanada? Stellen Sie sich vor: kontinuierliche Goldmineralisierung, die sich über mehr als 1.000 Meter von den ursprünglichen Bohrungen erstreckt!? Hier könnte ein großer Tagebau entstehen!
Wir wittern eine große Chance und folgen dem Motto: "buy the rumour" (kaufen aufgrund von Gerüchten)!
Bei einem Börsenwert von nicht einmal 35 Mio. CAD ist die Aktie von Sacre-Coeur Minerals (WKN A0JKHQ) dramatisch unterbewertet! Vergessen Sie nicht: das Unternehmen verfügt noch über weitere(!) 6 regionale Blöcke, die noch nicht exploriert wurden. Ein starker Kassenbestand ist ebenfalls ein gutes Kaufargument. Worauf warten Sie noch? Wir trauen der Aktie in den nächsten Wochen den Sprung über 2 Euro und den Angriff auf neue Höchstkurse zu! Bitte setzen Sie einen individuellen Stop-Kurs. "
Wir hatten wieder Recht. Diese Meldung kam heute früh. Schauen Sie sich das an!!!
"SACRE-COEUR ENTDECKT REICHE, GOLDFÜHRENDE ZONE BEIM NORDWEST-PROJEKT; PROBEN ZEIGEN AUSSERGEWÖHNLICHE GOLDGEHALTE INKLUSIVE 115,38 g/t GOLD
Sacre-Cœur Minerals (WKN A0JKHQ) meldete heute früh erste Resultate eines regionalen Programms zur Sammlung von Bodenproben beim 1.250 Quadratkilometer umfassenden Nordwest-Projekt in Guyana. Erkundungsarbeiten begannen bereits im Januar 2007. Derzeit werden geochemische Untersuchungen bei den als aussichtsreich eingestuften Gebieten durchgeführt. Anfängliche Ergebnisse von Bodenproben haben in Verbindung mit Kartierungsarbeiten drei Ziele mit Top-Priorität für das Bohrprogramm identifiziert.
Alle Ziele befinden sich entlang eines strukturellen Trends, der sich über fast 12(!) Kilometer in nordöstlicher Richtung quer über Ländereien von Sacre-Cœur Minerals erstreckt. Mit dem Steinbohrer wurden Proben bis in eine Tiefe von 2 Metern gewonnen. Wo die Quarzadern zu hart für den Steinbohrer waren, wurden Splitterproben gesammelt. Die Proben haben eine Reihe von Goldanomalien identifiziert, die nun näher untersucht werden sollen.
Äußerst bemerkenswert ist eine ziemlich große Zone (1.280 Meter lang und 360 Meter breit!), die außerordentliche Ergebnisse erbrachte. Dazu zählte eine Probe mit 115,38 Gramm Gold pro Tonne (g/t) sowie eine Reihe von Proben mit sehr hohem, oberflächennahen Goldgehalt:
Übersicht von ausgewählten Ergebnisse der Proben
Probe Nr. - Untersuchung (g/t Gold)
NW-2069 - 32.74
NW-2070 - 19.21
NW-2071 - 40.71
NW-2072 - 6.25
NW-2078 - 3.90
NW-2079 - 115.38
NW-2080 - 2.07
NW-2081 - 3.17
NW-2105 - 3.85
NW-2106 - 31.39
NW-2108 - 4.48
NW-2109 - 24.09
Das Programm zur Sammlung von Bodenproben wurde anhand eines Rasters von 100 mal 100 Meter durchgeführt. In der oben angesprochenen Zone wurden 42 Proben gesammelt, wovon 29 Proben Gold enthielten. Bei 12 dieser Proben fand man so gar hochgradige Goldgehalte (siehe Tabelle).
Sacre-Cœur Minerals hat zudem in der Zwischenzeit weitere Gebiete von einige Privatpersonen entlang dieses vielversprechenden, strukturellen Trends erworben.
Der Vorstandsvorsitzende von Sacre-Cœur Minerals, Irwin Olian, zeigt sich begeistert über die anfänglichen Resultate des neuen Nordwest-Projektes. Dieses komme jetzt noch zum Flaggschiff-Projekt Million Mountain hinzu, wo das aggressive Bohrprogramm fortgesetzt werde, um die goldführende Zone weiter auszudehnen.
Die Entdeckung einer reichen, goldführenden Zone beim Nordwest-Projekt ist der Startschuss für ein zweites Hauptexplorationsprojekt. Sacre-Cœur Minerals hat bereits ein zweites Atlas Copco Bohrgerät bestellt, welches im Spätherbst geliefert werden soll. Dies erlaube dem Unternehmen die Arbeiten bei beiden Projekten noch weiter zu forcieren.
© wallstreet
nline AG
Karsten Busche
Am Mittwoch schrieben wir unseren Premium-Abonnenten:
"Sacre-Coeur Minerals vor HAMMERMELDUNG?
Heute haben wir eine SMS an unsere Premium-Abonnenten versendet und Ihnen den dringenden Kauf von Sacre-Coeur Minerals (WKN A0JKHQ) bis 1,40 Euro empfohlen.
Nach nächtlichen Telefonaten mit Analysten von Haywood Securities und Canaccord Capital sieht alles danach aus, dass bei dem in Guyana aktiven Goldexplorationsunternehmen in Kürze eine Bombe platzen dürfte!
Deshalb jetzt schnell noch die wichtigsten Fakten: Ende 2005 erfolgte der Börsengang von Sacre-Coeur Minerals zu einem Kurs von 1,50 CAD. Nach spektakulären Bohrergebnissen explodierte die Aktie im vergangenen Jahr auf 3,00 CAD bzw. in diesem Jahr in der Spitze auf über 3,50 CAD. Derzeit notiert die Aktie bei 1,80 CAD. Im Zuge der allgemeine Schwäche bei den Rohstoffwerten wurde Sacre-Coeur ohne Sinn und Verstand nach unten geprügelt. Und das trotz sehr guter Ergebnisse.
Ende August 2007 meldete das Unternehmen 106,9 Meter mit 1,36 Gramm Gold pro Tonne von einem Bohrloch, welches 100 Meter südöstlich der bisherigen Bohrungen lag! Die Ausmaße der oberflächennahen Goldmineralisierung werden größer und größer!
Grabenarbeiten und die Sammlung von Bodenproben wurden jetzt sogar mehr als 1.000 Meter weiter östlich durchgeführt, um die Bohrungen vorzubereiten. Liegt hier der Schlüssel für die aufkeimenden Gerüchte in Kanada? Stellen Sie sich vor: kontinuierliche Goldmineralisierung, die sich über mehr als 1.000 Meter von den ursprünglichen Bohrungen erstreckt!? Hier könnte ein großer Tagebau entstehen!
Wir wittern eine große Chance und folgen dem Motto: "buy the rumour" (kaufen aufgrund von Gerüchten)!
Bei einem Börsenwert von nicht einmal 35 Mio. CAD ist die Aktie von Sacre-Coeur Minerals (WKN A0JKHQ) dramatisch unterbewertet! Vergessen Sie nicht: das Unternehmen verfügt noch über weitere(!) 6 regionale Blöcke, die noch nicht exploriert wurden. Ein starker Kassenbestand ist ebenfalls ein gutes Kaufargument. Worauf warten Sie noch? Wir trauen der Aktie in den nächsten Wochen den Sprung über 2 Euro und den Angriff auf neue Höchstkurse zu! Bitte setzen Sie einen individuellen Stop-Kurs. "
Wir hatten wieder Recht. Diese Meldung kam heute früh. Schauen Sie sich das an!!!
"SACRE-COEUR ENTDECKT REICHE, GOLDFÜHRENDE ZONE BEIM NORDWEST-PROJEKT; PROBEN ZEIGEN AUSSERGEWÖHNLICHE GOLDGEHALTE INKLUSIVE 115,38 g/t GOLD
Sacre-Cœur Minerals (WKN A0JKHQ) meldete heute früh erste Resultate eines regionalen Programms zur Sammlung von Bodenproben beim 1.250 Quadratkilometer umfassenden Nordwest-Projekt in Guyana. Erkundungsarbeiten begannen bereits im Januar 2007. Derzeit werden geochemische Untersuchungen bei den als aussichtsreich eingestuften Gebieten durchgeführt. Anfängliche Ergebnisse von Bodenproben haben in Verbindung mit Kartierungsarbeiten drei Ziele mit Top-Priorität für das Bohrprogramm identifiziert.
Alle Ziele befinden sich entlang eines strukturellen Trends, der sich über fast 12(!) Kilometer in nordöstlicher Richtung quer über Ländereien von Sacre-Cœur Minerals erstreckt. Mit dem Steinbohrer wurden Proben bis in eine Tiefe von 2 Metern gewonnen. Wo die Quarzadern zu hart für den Steinbohrer waren, wurden Splitterproben gesammelt. Die Proben haben eine Reihe von Goldanomalien identifiziert, die nun näher untersucht werden sollen.
Äußerst bemerkenswert ist eine ziemlich große Zone (1.280 Meter lang und 360 Meter breit!), die außerordentliche Ergebnisse erbrachte. Dazu zählte eine Probe mit 115,38 Gramm Gold pro Tonne (g/t) sowie eine Reihe von Proben mit sehr hohem, oberflächennahen Goldgehalt:
Übersicht von ausgewählten Ergebnisse der Proben
Probe Nr. - Untersuchung (g/t Gold)
NW-2069 - 32.74
NW-2070 - 19.21
NW-2071 - 40.71
NW-2072 - 6.25
NW-2078 - 3.90
NW-2079 - 115.38
NW-2080 - 2.07
NW-2081 - 3.17
NW-2105 - 3.85
NW-2106 - 31.39
NW-2108 - 4.48
NW-2109 - 24.09
Das Programm zur Sammlung von Bodenproben wurde anhand eines Rasters von 100 mal 100 Meter durchgeführt. In der oben angesprochenen Zone wurden 42 Proben gesammelt, wovon 29 Proben Gold enthielten. Bei 12 dieser Proben fand man so gar hochgradige Goldgehalte (siehe Tabelle).
Sacre-Cœur Minerals hat zudem in der Zwischenzeit weitere Gebiete von einige Privatpersonen entlang dieses vielversprechenden, strukturellen Trends erworben.
Der Vorstandsvorsitzende von Sacre-Cœur Minerals, Irwin Olian, zeigt sich begeistert über die anfänglichen Resultate des neuen Nordwest-Projektes. Dieses komme jetzt noch zum Flaggschiff-Projekt Million Mountain hinzu, wo das aggressive Bohrprogramm fortgesetzt werde, um die goldführende Zone weiter auszudehnen.
Die Entdeckung einer reichen, goldführenden Zone beim Nordwest-Projekt ist der Startschuss für ein zweites Hauptexplorationsprojekt. Sacre-Cœur Minerals hat bereits ein zweites Atlas Copco Bohrgerät bestellt, welches im Spätherbst geliefert werden soll. Dies erlaube dem Unternehmen die Arbeiten bei beiden Projekten noch weiter zu forcieren.
© wallstreet
nline AGKarsten Busche
- Status
