Dax © 20.575 +1,50%
Dow Jones 43.299 +1,90%
S&P 500 5.953 +1,89%
Dow Jones 43.299 +1,90%
S&P 500 5.953 +1,89%
Nasdaq 21.274 +2,59%
Nikkei 38.777 +0,30%
Hang Seng 19.286 +0,34%
Nikkei 38.777 +0,30%
Hang Seng 19.286 +0,34%
EUR/USD 1,02974 -0,14%
BTC/USD 99.668 +3,24%
ETH/USD 3.445 +6,86%
BTC/USD 99.668 +3,24%
ETH/USD 3.445 +6,86%
Rohstoffthread (Archiv)
- Ersteller Maack
- Erstellt am
- Tagged users Kein(e)
- Status
Ich habe zu Forsys kein Vertrauen. Bauchgefühl.
14.05.2007 | 14:03 Uhr | Rohstoff-Spiegel
Kobex Resources Inc.
Kobex Resources (WKN: A0H FW2) konnte am 11. Mai den Abschluss der Kapitalerhöhung einschließlich Mehrzuteilungsoption melden. Insgesamt wurden 9,89 Mio. Aktein zu 2,85 CAD ausgegeben und Bruttoeinnahmen von 28,19 Mio. CAD erzielt. Damit hat das Untenehmen jetzt die Mittel für die kommenden 3 Jahre und einen beträchtlich größeren Teil institutioneller Anleger als vorher. Wer genau die Aktien zeichnete, ist nicht bekannt, jedoch dürfte Sprott maßgeblich darunter sein. Anleger haben beim aktuellen Kurs von 3,24 CAD immer noch die Gelegenheit, knapp über dem Preis der Finanzierung einzusteigen.
zur Erinnerung!
Kobex Resources Inc.
Kobex Resources (WKN: A0H FW2) konnte am 11. Mai den Abschluss der Kapitalerhöhung einschließlich Mehrzuteilungsoption melden. Insgesamt wurden 9,89 Mio. Aktein zu 2,85 CAD ausgegeben und Bruttoeinnahmen von 28,19 Mio. CAD erzielt. Damit hat das Untenehmen jetzt die Mittel für die kommenden 3 Jahre und einen beträchtlich größeren Teil institutioneller Anleger als vorher. Wer genau die Aktien zeichnete, ist nicht bekannt, jedoch dürfte Sprott maßgeblich darunter sein. Anleger haben beim aktuellen Kurs von 3,24 CAD immer noch die Gelegenheit, knapp über dem Preis der Finanzierung einzusteigen.
zur Erinnerung!
zur Erinnerung von Fischländer:
Trade Winds TWD
Detour Gold DGC
Pelangio Mines PLG
die sind alle miteinander verbandelt:
Pelangio hat den A Block seines Detour Lake Projektes an Trade Winds optioniert (Option auf 50%).
TWD hat dann soviel gebohrt, dass eine erste Ni-konforme Resourcenschätzung von 2,4 mio Oz Au inferred und indicated erstellt wurde.
Dann hat Pelangio sein gesamtes Detour Projekt als Spin-Off ge-IPO-ed und dafür 20mio DGC Aktien plus 5mio Cash bekommen.
Pelangio hat momentan eine MK von 95mio CAD
DGC hat momentan einen Aktienkurs von 5,5 CAD
d.h. der Aktienanteil von DGC im Portfolio PLG's ist 110mio Wert und wird größer durch die sich ständig erweiternde Resourcenbasis des:
a) 100% DGC Detour Projektes
b) 50% DGC-TWD Projektes
PLUS:
PLG hat noch ein sehr aussichtreiches Goldprojekt in Ghana
deshlab K PLG in Canada bis 1,50 CAD!
ein No-Brainer!
Anmerk: von mir Das TWD nicht zieht ist mir unverständlich, Pelangio geht ab...........................
Trade Winds TWD
Detour Gold DGC
Pelangio Mines PLG
die sind alle miteinander verbandelt:
Pelangio hat den A Block seines Detour Lake Projektes an Trade Winds optioniert (Option auf 50%).
TWD hat dann soviel gebohrt, dass eine erste Ni-konforme Resourcenschätzung von 2,4 mio Oz Au inferred und indicated erstellt wurde.
Dann hat Pelangio sein gesamtes Detour Projekt als Spin-Off ge-IPO-ed und dafür 20mio DGC Aktien plus 5mio Cash bekommen.
Pelangio hat momentan eine MK von 95mio CAD
DGC hat momentan einen Aktienkurs von 5,5 CAD
d.h. der Aktienanteil von DGC im Portfolio PLG's ist 110mio Wert und wird größer durch die sich ständig erweiternde Resourcenbasis des:
a) 100% DGC Detour Projektes
b) 50% DGC-TWD Projektes
PLUS:
PLG hat noch ein sehr aussichtreiches Goldprojekt in Ghana
deshlab K PLG in Canada bis 1,50 CAD!
ein No-Brainer!
Anmerk: von mir Das TWD nicht zieht ist mir unverständlich, Pelangio geht ab...........................
geht mir ähnlich, einfach kein gutes Gefühl
die Pusherei hier in D geht mir sowas von auf den Sack
Aurelian, da bin jetzt wieder satt im Plus zu 27
zwischendrin war ich auch hier ein wenig nervös...
zwischendrin war ich auch hier ein wenig nervös...
Sprott Molybdenum Participation Corporation Announces Net Asset Value as at June 29th, 2007
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE
UNITED STATES/
TORONTO, July 4 /CNW/ - (TSX: MLY, MLY.WT) - Sprott Molybdenum
Participation Corporation (the "Corporation") announces that its net asset
value as at June 29th, 2007 was $240 million or $5.40 per issued and
outstanding common share. The fair market value of securities of companies
that explore for, mine and/or process molybdenum held by the Corporation (the
"Portfolio Investments") was $196 million, the fair market value of molybdenum
oxide purchased for delivery in the forth quarter was $20.5 million and
$50 million was invested in cash and money market securities as at June 29,
2007. Gross appreciation in the value of the Portfolio Investments since
January 1, 2007 was approximately $36 million. Please note that all of the
figures are approximate and unaudited.
The Corporation calculates its net asset value and the fair market value
of the Portfolio Investments at 4:00 p.m. (Toronto time) on the last day of
each week that the Toronto Stock Exchange is open for business.
Top ten holdings (as at June 29, 2007)
<<
1. Thompson Creek Metals Company Inc.
2. Idaho General Mines Inc.
3. Quadra Mining Ltd.
4. Inca Pacific Resources Inc.
5. Mercator Minerals Ltd.
6. Roca Mines Inc.
7. Moly Mines Limited
8. International PBX Ventures Ltd.
9. Galway Resources Ltd.
10. Golden Phoenix Minerals Inc.
>>
About Sprott Molybdenum Participation Corporation
-------------------------------------------------
The Corporation is an investment holding company created to invest in
molybdenum assets. The primary investment objective of the Corporation is to
achieve capital appreciation by investing in securities of private and public
companies that explore for, mine and/or process molybdenum and by investing
in, holding, selling and otherwise transacting in all commercial forms of
molybdenum. It is not an investment strategy of the Corporation to actively
speculate with regards to short-term changes in molybdenum prices. The
Corporation's investment mandate will provide investors with several benefits.
It will provide investors with the opportunity to invest in commercial forms
of molybdenum, which is currently unavailable through an exchange. In
addition, it will provide investors with a diversified portfolio of securities
of private and public companies that explore for, mine and/or process
molybdenum.
No securities regulatory authority has either approved or disapproved of
the contents of this news release. The securities being offered have not been
and will not be offered or sold in the United States or to, or for the account
or benefit of, a "U.S. person", as such term is defined in Regulation S under
the United States Securities Act of 1933, as amended. This press release is
for information purposes only and does not constitute an offer to sell or a
solicitation of an offer to buy any of these securities in the United States.
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE
UNITED STATES/
TORONTO, July 4 /CNW/ - (TSX: MLY, MLY.WT) - Sprott Molybdenum
Participation Corporation (the "Corporation") announces that its net asset
value as at June 29th, 2007 was $240 million or $5.40 per issued and
outstanding common share. The fair market value of securities of companies
that explore for, mine and/or process molybdenum held by the Corporation (the
"Portfolio Investments") was $196 million, the fair market value of molybdenum
oxide purchased for delivery in the forth quarter was $20.5 million and
$50 million was invested in cash and money market securities as at June 29,
2007. Gross appreciation in the value of the Portfolio Investments since
January 1, 2007 was approximately $36 million. Please note that all of the
figures are approximate and unaudited.
The Corporation calculates its net asset value and the fair market value
of the Portfolio Investments at 4:00 p.m. (Toronto time) on the last day of
each week that the Toronto Stock Exchange is open for business.
Top ten holdings (as at June 29, 2007)
<<
1. Thompson Creek Metals Company Inc.
2. Idaho General Mines Inc.
3. Quadra Mining Ltd.
4. Inca Pacific Resources Inc.
5. Mercator Minerals Ltd.
6. Roca Mines Inc.
7. Moly Mines Limited
8. International PBX Ventures Ltd.
9. Galway Resources Ltd.
10. Golden Phoenix Minerals Inc.
>>
About Sprott Molybdenum Participation Corporation
-------------------------------------------------
The Corporation is an investment holding company created to invest in
molybdenum assets. The primary investment objective of the Corporation is to
achieve capital appreciation by investing in securities of private and public
companies that explore for, mine and/or process molybdenum and by investing
in, holding, selling and otherwise transacting in all commercial forms of
molybdenum. It is not an investment strategy of the Corporation to actively
speculate with regards to short-term changes in molybdenum prices. The
Corporation's investment mandate will provide investors with several benefits.
It will provide investors with the opportunity to invest in commercial forms
of molybdenum, which is currently unavailable through an exchange. In
addition, it will provide investors with a diversified portfolio of securities
of private and public companies that explore for, mine and/or process
molybdenum.
No securities regulatory authority has either approved or disapproved of
the contents of this news release. The securities being offered have not been
and will not be offered or sold in the United States or to, or for the account
or benefit of, a "U.S. person", as such term is defined in Regulation S under
the United States Securities Act of 1933, as amended. This press release is
for information purposes only and does not constitute an offer to sell or a
solicitation of an offer to buy any of these securities in the United States.
Die ist zwar hier gelistet, wird aber ausschliesslich in Canada gehandelt!
T5Q Tenajon, sind die mal NI conform, gehts sowas von fett nach oben!! 8)
TENAJON RESOURCES CORP
AllPennyStocks.com Media, Inc.: AllPennyStocks.com Announces Its July 2nd to July 6th Stocks to Watch
7/2/2007
Jul 02, 2007 (M2 PRESSWIRE via COMTEX News Network) --
AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com), a leading penny stock / small-cap information site, released its July 2nd to July 6th Canadian and U.S. Stocks to Watch.
Canadian Stocks to Watch:
Commander Resources Ltd. (TSX Venture: CMD)
Commander Resources Ltd. is a Canadian junior exploration company focused primarily on gold and base metal exploration in Canada. The Company controls one of the largest new gold districts in Canada and a new uranium belt in Newfoundland. Commander Resources Ltd last announced on June18th that it advises that crews and equipment are mobilizing to resume exploration and drilling of the Baffin Island gold project in Nunavut. The goals of the program include further evaluation of the Brent mineralization discovered in 2006, drill testing of other high priority targets, including extensions of the Ridge Lake prospect, and exploration to discover new gold occurrences. Sixteen (16) significant gold prospects have been discovered by work to date within the 140 kilometre long belt of Lower Proterozoic iron formation. The gold occurrences are similar in age and tectonic history to the Homestake Gold mine in South Dakota, and to other major gold deposits in the world.
CMD closed down $0.005 at $0.315 in Friday's trading.
Tenajon Resources Corp. (TSX Venture: TJS)
Tenajon Resources Corp. is part of The Northair Group of Companies. Tenajon has a strong technical and management team, with a successful track record in mineral exploration through to production. Tenajon Resources Corp. last announced on June 21st results from preliminary metallurgical test work completed for its Ajax Molybdenum project. The metallurgical program was conducted by Westcoast Mineral Testing Inc. of North Vancouver, BC and was successful in determining that rougher stage molybdenum recoveries in excess of the reported 86.5% can be achieved.
TJS closed up $0.02 at $0.62 in Friday's trading.
You can view the Canadian Stocks to Watch in more detail by going here: http://www.allpennystocks.com/apsc/can/index.htm.
American Stocks to Watch:
Electronic Gamecard Inc. (OTCBB: EGMI)
Electronic Game Card, Inc. is the creator and exclusive manufacturer of the Electronic GameCard. These innovative GameCards, unique to EGC, use state of the art technology to revolutionize economies in the sale of interactive pocket digital games to Sales Promotions, Lottery and Gaming Sectors. To find out more about EGC's unique products or EGC, Inc, click on the links. Electronic Gamecard Inc. last announced on June 13th that The Aland Penningautomatforening has placed its first order to use Electronic GameCards(TM) as part of its player recruitment and brand development campaign during the PAF Open, SWATCH FIVB Beach Volley-tournament on the Aland Islands from 14-19 August 2007.
EGMI closed up $0.015 at $0.34 in Friday's trading.
Wescorp Energy Inc. (OTCBB: WSCE)
Wescorp Energy Inc. is an energy services and engineering company committed to commercializing new technologies designed to increase existing production while also increasing economically recoverable petroleum reserves. The company has the drilling, production and process optimization expertise to delivery technology solutions to market in a timely, economic and environmentally friendly manner. Wescorp Energy Inc. last announced on May 31st that has entered into non-binding Letters of Intent to acquire new business units. These include an engineering firm, a water-oil separation technology and a water-dissolved solids separation technology. Oil and gas producers are currently experiencing critical issues with water purification in both exploration and production.
WSCE closed up $0.01 at $0.46 in Friday's trading.
You can view the American Stocks to Watch in more detail by going here: http://www.allpennystocks.com/apsc/us/index.htm.
About AllPennyStocks.com Media Inc.:
AllPennyStocks.com is focused on the small-cap / penny stock market and has become a reputable name in the investment community.
AllPennyStocks.com runs a Canadian and US site to provide investors in Canada as well as the United States with informative and unique content and information. AllPennyStocks.com runs weekly penny stocks to watch, has a weekly market write-up, provides company spotlights, runs a unique most active pages strictly for penny stocks trading on the TSX, TSX Venture, Nasdaq and OTC BB, and much more information for the average investor.
AllPennyStocks.com has not received compensation for carrying the other above-mentioned companies, a full disclaimer can be viewed here: http://www.allpennystocks.com/apsc/can/disclaimer/index.htm.
CONTACT: Peter Szafranski, President, AllPennyStocks.com Media, Inc. Tel: +1 905 361 5680 e-mail: peter@allpennystocks.com
M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.
(C)1994-2007 M2 COMMUNICATIONS LTD
T5Q Tenajon
In Germany gabs kurzzeitig heute Schnäppchenkurse!T5Q Tenajon
Fettes Deposit!!! Wenn NI-conform gemacht,- dann ab richtung Norden!
Jetzt nicht mehr! sprich Schnäppchenkurse.
Vielleicht was zu Kobex:
US ENERGY :
http://www.usnrg.com/ConferenceCall.php
Corporate Conference Call/Webcast
When: Monday, July 9, 2007 at 12 Noon EDT (10 a.m. MDT)
Dial-In Number: (866) 257-9956 (within US and Canada), (706) 645-9218 (International)
Replay Number: (800) 642-1687 (within US and Canada), (706) 645-9291 (International). The replay will be available starting at approximately 2 p.m. EST on July 9, 2007 and will be available for 7 days through 11:59 p.m. EST on Monday, July 16, 2007. ID number for replay is: 5945554.
Webcast: The live webcast may be accessed by going to http://www.videonewswire.com/event.asp?id=40676. Web participants are encouraged to go to the site at least 15 minutes prior to the start of the call to register, download and install any necessary audio software.
US ENERGY :
http://www.usnrg.com/ConferenceCall.php
Corporate Conference Call/Webcast
When: Monday, July 9, 2007 at 12 Noon EDT (10 a.m. MDT)
Dial-In Number: (866) 257-9956 (within US and Canada), (706) 645-9218 (International)
Replay Number: (800) 642-1687 (within US and Canada), (706) 645-9291 (International). The replay will be available starting at approximately 2 p.m. EST on July 9, 2007 and will be available for 7 days through 11:59 p.m. EST on Monday, July 16, 2007. ID number for replay is: 5945554.
Webcast: The live webcast may be accessed by going to http://www.videonewswire.com/event.asp?id=40676. Web participants are encouraged to go to the site at least 15 minutes prior to the start of the call to register, download and install any necessary audio software.
8) 8) scheinen einige schon gestern gewußt zu haben:
http://www.marketwire.com/2.0/release.do?id=748572
Tenajon Commences Exploration Drilling Ajax Molybdenum Project Northwestern BC
VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 5, 2007) - Tenajon Resources Corp (TSX VENTURE:TJS) (the "Company") is pleased to announce that drilling has commenced at its 100% owned Ajax Molybdenum Deposit located 16 km north of Kitsault, northwestern British Columbia.
The purpose of the initial 3,500 metre drill program is threefold:
1. Improving confidence in near surface high-grade mineralized zones within a potential starter pit that could host approximately 37 million tonnes of the deposit at a 2.33:1 stripping ratio;
2. Convert resources from the inferred to the measured and indicated category;
3. Test a proposal put forth by Dr. Nicholas Carter, P. Eng., one of Canada's foremost experts on porphyry molybdenum deposits, 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.
Ajax is 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.
Infrastructure is very good with both tidewater access and hydroelectric power situated at Kitsault. In addition, there are plans to construct a hydro line 5 km to the west of the deposit.
In Carter's study he states with regards to Ajax that "As currently defined, molybdenum grades of 0.05% and greater occur within a circular zone measuring 600 x 650 metres in diameter, extending from surface at an elevation of about 1050m to depths of greater than 1,000 metres as indicated by the 2006 drilling." He also states, "The previous work on the Ajax Property suggest 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 geologist in 1966. Furthermore he concludes, "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." This area occurs within the middle of the proposed starter pit. Some of the results from this area include:
---------------------------------------------------------------- From To Int.Hole (m) (m) (m) % MoS2 % Mo(i)----------------------------------------------------------------65-02 35.4 127.4 92.0 0.181 0.109----------------------------------------------------------------66-19 0 42.7 42.7 0.184 0.110----------------------------------------------------------------05-03 0 68.6 68.6 0.143 0.086----------------------------------------------------------------05-02 0 287.8 287.7 0.143 0.086----------------------------------------------------------------66-30 4.3 73.2 68.9 0.154 0.092----------------------------------------------------------------(i) Mo grades are 60% of MoS2
Dave Visagie, P. Geo., a Qualified Person as defined by NI 43-101, will supervise the Ajax exploration program.
On Behalf of the Board of Directors
http://www.marketwire.com/2.0/release.do?id=748572
Tenajon Commences Exploration Drilling Ajax Molybdenum Project Northwestern BC
VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 5, 2007) - Tenajon Resources Corp (TSX VENTURE:TJS) (the "Company") is pleased to announce that drilling has commenced at its 100% owned Ajax Molybdenum Deposit located 16 km north of Kitsault, northwestern British Columbia.
The purpose of the initial 3,500 metre drill program is threefold:
1. Improving confidence in near surface high-grade mineralized zones within a potential starter pit that could host approximately 37 million tonnes of the deposit at a 2.33:1 stripping ratio;
2. Convert resources from the inferred to the measured and indicated category;
3. Test a proposal put forth by Dr. Nicholas Carter, P. Eng., one of Canada's foremost experts on porphyry molybdenum deposits, 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.
Ajax is 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.
Infrastructure is very good with both tidewater access and hydroelectric power situated at Kitsault. In addition, there are plans to construct a hydro line 5 km to the west of the deposit.
In Carter's study he states with regards to Ajax that "As currently defined, molybdenum grades of 0.05% and greater occur within a circular zone measuring 600 x 650 metres in diameter, extending from surface at an elevation of about 1050m to depths of greater than 1,000 metres as indicated by the 2006 drilling." He also states, "The previous work on the Ajax Property suggest 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 geologist in 1966. Furthermore he concludes, "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." This area occurs within the middle of the proposed starter pit. Some of the results from this area include:
---------------------------------------------------------------- From To Int.Hole (m) (m) (m) % MoS2 % Mo(i)----------------------------------------------------------------65-02 35.4 127.4 92.0 0.181 0.109----------------------------------------------------------------66-19 0 42.7 42.7 0.184 0.110----------------------------------------------------------------05-03 0 68.6 68.6 0.143 0.086----------------------------------------------------------------05-02 0 287.8 287.7 0.143 0.086----------------------------------------------------------------66-30 4.3 73.2 68.9 0.154 0.092----------------------------------------------------------------(i) Mo grades are 60% of MoS2
Dave Visagie, P. Geo., a Qualified Person as defined by NI 43-101, will supervise the Ajax exploration program.
On Behalf of the Board of Directors
Ajax is 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.
Alexandria terminates Cambior option/JV obligation
Alexandria Minerals Corp (C:AZX)
Shares Issued 58,402,455
Last Close 7/3/2007 $0.32
Wednesday July 04 2007 - Property Agreement
The TSX Venture Exchange has accepted for filing documentation whereby the company terminated its obligation under an existing option and joint venture agreement dated May 29, 2006, with Cambior Inc. pursuant to which the company was granted an option to earn an undivided 50-per-cent interest in the Akasaba and Block Sud properties located near Val d'Or, Que. Iamgold-Quebec Inc. is now the successor-in-interest to Cambior as a result of a merger in 2006. Pursuant to a letter of intent dated May 1, 2007, and amended May 17, 2007, and a purchase and sale agreement executed on June 22, 2007, between the company and Iamgold, the company is now purchasing a 100-per-cent interest in these properties. Consideration is as follows:
$83,333.33 and within 10 days of exchange acceptance of the agreement for filing the issuance of 263,713 common shares valued at $83,333.33;
$166,666.67 in cash and/or common shares upon the first anniversary of signing of which the deemed value per share will be subject to a floor price of not less than 26 cents;
$166,666.67 in cash and/or common shares upon the second anniversary of signing of which the deemed value per share will be subject to a floor price of not less than 26 cents.
© 2007 Canjex Publishing Ltd
Alexandria Minerals Corp (C:AZX)
Shares Issued 58,402,455
Last Close 7/3/2007 $0.32
Wednesday July 04 2007 - Property Agreement
The TSX Venture Exchange has accepted for filing documentation whereby the company terminated its obligation under an existing option and joint venture agreement dated May 29, 2006, with Cambior Inc. pursuant to which the company was granted an option to earn an undivided 50-per-cent interest in the Akasaba and Block Sud properties located near Val d'Or, Que. Iamgold-Quebec Inc. is now the successor-in-interest to Cambior as a result of a merger in 2006. Pursuant to a letter of intent dated May 1, 2007, and amended May 17, 2007, and a purchase and sale agreement executed on June 22, 2007, between the company and Iamgold, the company is now purchasing a 100-per-cent interest in these properties. Consideration is as follows:
$83,333.33 and within 10 days of exchange acceptance of the agreement for filing the issuance of 263,713 common shares valued at $83,333.33;
$166,666.67 in cash and/or common shares upon the first anniversary of signing of which the deemed value per share will be subject to a floor price of not less than 26 cents;
$166,666.67 in cash and/or common shares upon the second anniversary of signing of which the deemed value per share will be subject to a floor price of not less than 26 cents.
© 2007 Canjex Publishing Ltd
Chart zu S5N Sacre Coeur. Ausübung von Warrants lies den Kurs fallen!
Kommt langsam Musik rein!!
Attention Business Editors:
Benton Resources Corp. (BTC) acquires more ground at the King Lake project in Labrador
THUNDER BAY, ON, July 5 /CNW/ - Benton Resources Corp. ("Benton") is
pleased to announce that they have staked an additional 788 claim units
(19,700 hectares) contiguous to the west side of the King Lake nickel-copper
project located 60 km north of the world class Voisey's Bay nickel deposit in
Labrador.
Benton and their partner Teck Cominco Limited are currently prospecting
and geologically mapping the King Lake project, an initial work program that
is scheduled to continue to mid-July. This early stage ground follow-up has
confirmed the presence of local net-textured to semi-massive sulphides
occurrences coincidental to the gossanous outcrop and large conductive anomaly
reported on earlier (PR June 7, 2007 and June 22, 2007). Assays of the grab
samples are pending. Subsequently, Benton elected to increase their land
holdings in the area.
The King Lake Nickel project is host to numerous, high-grade
nickel-copper showings that have returned up to 6.8% copper and 1.9% nickel.
Airborne survey maps which demonstrate the similarities between King Lake and
Voisey's Bay can be found on Benton's website at www.bentonresources.ca.
Benton remains excited about the potential of the project. Results of the
initial follow-up program of prospecting and mapping will be released to the
public domain as they are received and compiled.
Clinton Barr (P.Geo.), V.P. Exploration for Benton Resources Corp., is
the qualified person responsible for this release.
On behalf of the Board of Directors of Benton Resources Corp.
"Stephen Stares"
Stephen Stares, President
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Forward-looking statements in this release are made pursuant to the safe
harbor provisions of the Private Securities.
For further information: Stephen Stares, 3290 Willard Ave, Thunder Bay,
Ont., P7E 6J7, Phone (807) 475-7474, Fax (807) 475-7200,
www.bentonresources.ca; Investor relations: In Canada: First Canadian Capital,
Daniel Boase, Phone (416) 742-5600, Fax (416) 742-6410; In U.S.A: The Windward
Agency, Kelly Boatright, Phone (704) 588-8600
Benton Resources Corp. (BTC) acquires more ground at the King Lake project in Labrador
THUNDER BAY, ON, July 5 /CNW/ - Benton Resources Corp. ("Benton") is
pleased to announce that they have staked an additional 788 claim units
(19,700 hectares) contiguous to the west side of the King Lake nickel-copper
project located 60 km north of the world class Voisey's Bay nickel deposit in
Labrador.
Benton and their partner Teck Cominco Limited are currently prospecting
and geologically mapping the King Lake project, an initial work program that
is scheduled to continue to mid-July. This early stage ground follow-up has
confirmed the presence of local net-textured to semi-massive sulphides
occurrences coincidental to the gossanous outcrop and large conductive anomaly
reported on earlier (PR June 7, 2007 and June 22, 2007). Assays of the grab
samples are pending. Subsequently, Benton elected to increase their land
holdings in the area.
The King Lake Nickel project is host to numerous, high-grade
nickel-copper showings that have returned up to 6.8% copper and 1.9% nickel.
Airborne survey maps which demonstrate the similarities between King Lake and
Voisey's Bay can be found on Benton's website at www.bentonresources.ca.
Benton remains excited about the potential of the project. Results of the
initial follow-up program of prospecting and mapping will be released to the
public domain as they are received and compiled.
Clinton Barr (P.Geo.), V.P. Exploration for Benton Resources Corp., is
the qualified person responsible for this release.
On behalf of the Board of Directors of Benton Resources Corp.
"Stephen Stares"
Stephen Stares, President
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Forward-looking statements in this release are made pursuant to the safe
harbor provisions of the Private Securities.
For further information: Stephen Stares, 3290 Willard Ave, Thunder Bay,
Ont., P7E 6J7, Phone (807) 475-7474, Fax (807) 475-7200,
www.bentonresources.ca; Investor relations: In Canada: First Canadian Capital,
Daniel Boase, Phone (416) 742-5600, Fax (416) 742-6410; In U.S.A: The Windward
Agency, Kelly Boatright, Phone (704) 588-8600
-----------------------------------------------------
Hey wollte mich mal wieder melden ...
Hab schon vor einem Monat oder so auf den Wert Canadian Arrow aufmerksam gemacht.
Herschte Leider keine Intresse zu diesem Zeitpunkt.
Wollte nur sagen das der Zug dort langsam losfährt
Chart schaut auch sehr gut aus
http://aktien.wallstreet-online.de/2012/chart.html?edit=1&tr=1y&inst_id=2012&market_id=33&spid=ws
Also machts gut ....
Mindoro drills one m of 246.41 g/t Au at Kay Tanda
Mindoro Resources Ltd (C:MIO)
Shares Issued 75,470,405
Last Close 7/5/2007 $1.10
Friday July 06 2007 - News Release
Ms. Penny Gould reports
MINDORO RESOURCES LTD.: FINAL RESULTS FROM HIGH GRADE HOLE KTDH-20 AT KAY TANDA
Mindoro Resources Ltd. has provided additional results for two core drill holes from the Kay Tanda epithermal gold-silver prospect, Archangel project, the Philippines. These include final results from KTDH-20, from which a bonanza intercept of one metre of 246.41 grams per tonne (g/t) gold from 25 to 26 metres was reported in Stockwatch on June 15, 2007. Final results for KTDH-20 are 61 metres grading 5.12 g/t gold from three to 64 metres, which includes 11 metres of 25.42 g/t gold from 17 to 28 metres, as well as the bonanza intercept noted above. The bonanza intercept enhances overall grade and will be reduced by cutting in the final resource estimate.
It is anticipated that more similar high-grade zones will be encountered within the large area of mineralization outlined to date at Kay Tanda, where drilling has been mostly on 50-metre by 50-metre centres. Since these zones fall within the area that is already being evaluated for an open pit operation, they will not be pursued by detailed drilling. Their significance is that they indicate a robust mineral system, with potential for high-grade underground mining below the proposed open pit, and that they will raise the average final open pit head grade. High-grade zones encountered below the proposed open pit level will be evaluated in more detail by drilling and underground exploration at a later date. Current focus is on advancing Kay Tanda as an open pit, heap leach operation.
Hole KTDH-19 was a step-out, low-angle hole, on the western part of Kay Tanda. Results included one metre of 643 g/t silver (from 137.5 to 138.5 metres), as well as low-grade gold mineralization deeper in the hole (25 metres of 0.69 g/t gold). Pervasive porphyry-related phyllic and SCC alteration was encountered from 230 metres to hole bottom at 500 metres, with abundant anhydrite, gypsum and quartz veining, with two to 10 per cent pyrite, and minor, but significant quartz-pyrite-chalcopyrite (copper) veining increasing with depth. These porphyry-related alteration and mineralization characteristics are commonly drill intersected at deeper levels over broad areas at Kay Tanda. Drill targets for drill testing of porphyry potential will be selected once surface evaluation of the entire six kilometre mineralization trend at Archangel has been completed.
Summary of latest results
The table summarizes results of the latest drilling (based on a cut-off grade of 0.3 g/t gold).
Sample
From To length (m) Au g/t Ag g/t
KTDH 19 137.50 138.50 1.00 0.50 643.10
141.00 142.00 1.00 0.49 9.65
220.00 245.00 25.00 0.69 0.63
Including 231.00 235.00 4.00 1.04 1.10
269.00 270.00 1.00 0.49 0.50
294.50 297.50 3.00 0.53 N/R
304.00 305.00 1.00 0.44 N/R
312.75 314.00 1.25 1.81 N/R
KTDH 20 3.00 64.00 61.00 5.12 0.98
Including 17.00 18.00 1.00 12.92 0.50
Including 25.00 26.00 1.00 246.41 2.15
72.00 73.00 1.00 0.44 0.50
83.00 106.00 23.00 0.50 0.61
N/R: not yet received
About Kay Tanda
Epithermal gold-silver mineralization at Kay Tanda is associated with extensive and intense quartz stockworks, veins and hydrothermal breccias, with accompanying base metal sulphides. Kay Tanda is reflected by an induced polarization chargeability anomaly that is about 1.5 kilometres by 1.4 kilometres in extent, which is part of a much larger chargeability anomaly which extends over six kilometres along strike to the northeast. To date, drilling has been conducted only on the Kay Tanda part of the trend.
Mindoro has completed over 150 reverse circulation (RC) and 20 core drill holes at Kay Tanda. Almost all holes have encountered near-surface, generally flat-lying to gently dipping blanket-like low-grade stockwork mineralization. This is strongly to partially oxidized to depths of 40 to 160 metres and non-oxide below this. Drilling, especially at deeper levels, has encountered at least five steeply dipping, much higher grade zones with bonanza grades to 246 g/t gold and over 1,000 g/t silver, which are interpreted as structurally controlled upflow, or "feeder" zones. Further drilling and structural studies are in progress to determine the nature and controls of the high-grade zones. The high-grade mineralization appears to occur preferentially at elevations below 150 metres (ASL) within a boiling zone. Few holes have penetrated to this depth to date. Such upflow zones can be associated with bonanza mineralization and constitute some of the world's best epithermal gold-silver deposits.
At a cut-off of 0.3 gram per tonne (g/t) gold, the immediate exploration target is from 35 million to 40 million tonnes of open pittable material at a grade of 0.76 to 0.80 g/t gold and 2.4 to 2.8 g/t silver, containing between 860,000 and one million ounces of gold and 2.7 million to 3.6 million ounces of silver. This exploration target may be revised upward at a later date as extension drilling continues with two diamond drill rigs at Kay Tanda. At a cut-off of 0.5 g/t gold, the immediate exploration target is from 15 million to 20 million tonnes of open pittable material at a grade of 1.1 to 1.4 g/t gold and 3.0 to 3.4 g/t silver, containing from 530,000 to 900,000 ounces of gold and from 1.45 million to 2.2 million ounces of silver.
Kay Tanda is being evaluated for its open pit, heap leach potential. Initial metallurgical testwork has produced excellent results. Kay Tanda is interpreted as intermediate to low sulphidation epithermal quartz-carbonate-gold-silver-base-metal mineralization telescoped into the top of an underlying porphyry copper-gold system.
Programs are carried out under the supervision of Tony Climie, PGeol, who is a qualified person as defined by National Instrument 43-101. Sample preparation and assaying are performed by McPhar Laboratory of Manila, an ISO 9001/2000 accredited laboratory. Gold assays were by 50-gram fire assay fusion; where gold assays greater than three parts per million (ppm) were by gravimetric finish, and by AAS where the gold values were less than that threshold. Silver was determined by AAS after an HCl-HNO3-HClO4 digest. Normal quality control and quality assurance procedures are being carried out, using a system of duplicate, standard and blank samples.
© 2007 Canjex Publishing Ltd.
_________________
OLM Mindoro Resources, fett, fetter, da bin ich rein!
Mindoro Resources Ltd (C:MIO)
Shares Issued 75,470,405
Last Close 7/5/2007 $1.10
Friday July 06 2007 - News Release
Ms. Penny Gould reports
MINDORO RESOURCES LTD.: FINAL RESULTS FROM HIGH GRADE HOLE KTDH-20 AT KAY TANDA
Mindoro Resources Ltd. has provided additional results for two core drill holes from the Kay Tanda epithermal gold-silver prospect, Archangel project, the Philippines. These include final results from KTDH-20, from which a bonanza intercept of one metre of 246.41 grams per tonne (g/t) gold from 25 to 26 metres was reported in Stockwatch on June 15, 2007. Final results for KTDH-20 are 61 metres grading 5.12 g/t gold from three to 64 metres, which includes 11 metres of 25.42 g/t gold from 17 to 28 metres, as well as the bonanza intercept noted above. The bonanza intercept enhances overall grade and will be reduced by cutting in the final resource estimate.
It is anticipated that more similar high-grade zones will be encountered within the large area of mineralization outlined to date at Kay Tanda, where drilling has been mostly on 50-metre by 50-metre centres. Since these zones fall within the area that is already being evaluated for an open pit operation, they will not be pursued by detailed drilling. Their significance is that they indicate a robust mineral system, with potential for high-grade underground mining below the proposed open pit, and that they will raise the average final open pit head grade. High-grade zones encountered below the proposed open pit level will be evaluated in more detail by drilling and underground exploration at a later date. Current focus is on advancing Kay Tanda as an open pit, heap leach operation.
Hole KTDH-19 was a step-out, low-angle hole, on the western part of Kay Tanda. Results included one metre of 643 g/t silver (from 137.5 to 138.5 metres), as well as low-grade gold mineralization deeper in the hole (25 metres of 0.69 g/t gold). Pervasive porphyry-related phyllic and SCC alteration was encountered from 230 metres to hole bottom at 500 metres, with abundant anhydrite, gypsum and quartz veining, with two to 10 per cent pyrite, and minor, but significant quartz-pyrite-chalcopyrite (copper) veining increasing with depth. These porphyry-related alteration and mineralization characteristics are commonly drill intersected at deeper levels over broad areas at Kay Tanda. Drill targets for drill testing of porphyry potential will be selected once surface evaluation of the entire six kilometre mineralization trend at Archangel has been completed.
Summary of latest results
The table summarizes results of the latest drilling (based on a cut-off grade of 0.3 g/t gold).
Sample
From To length (m) Au g/t Ag g/t
KTDH 19 137.50 138.50 1.00 0.50 643.10
141.00 142.00 1.00 0.49 9.65
220.00 245.00 25.00 0.69 0.63
Including 231.00 235.00 4.00 1.04 1.10
269.00 270.00 1.00 0.49 0.50
294.50 297.50 3.00 0.53 N/R
304.00 305.00 1.00 0.44 N/R
312.75 314.00 1.25 1.81 N/R
KTDH 20 3.00 64.00 61.00 5.12 0.98
Including 17.00 18.00 1.00 12.92 0.50
Including 25.00 26.00 1.00 246.41 2.15
72.00 73.00 1.00 0.44 0.50
83.00 106.00 23.00 0.50 0.61
N/R: not yet received
About Kay Tanda
Epithermal gold-silver mineralization at Kay Tanda is associated with extensive and intense quartz stockworks, veins and hydrothermal breccias, with accompanying base metal sulphides. Kay Tanda is reflected by an induced polarization chargeability anomaly that is about 1.5 kilometres by 1.4 kilometres in extent, which is part of a much larger chargeability anomaly which extends over six kilometres along strike to the northeast. To date, drilling has been conducted only on the Kay Tanda part of the trend.
Mindoro has completed over 150 reverse circulation (RC) and 20 core drill holes at Kay Tanda. Almost all holes have encountered near-surface, generally flat-lying to gently dipping blanket-like low-grade stockwork mineralization. This is strongly to partially oxidized to depths of 40 to 160 metres and non-oxide below this. Drilling, especially at deeper levels, has encountered at least five steeply dipping, much higher grade zones with bonanza grades to 246 g/t gold and over 1,000 g/t silver, which are interpreted as structurally controlled upflow, or "feeder" zones. Further drilling and structural studies are in progress to determine the nature and controls of the high-grade zones. The high-grade mineralization appears to occur preferentially at elevations below 150 metres (ASL) within a boiling zone. Few holes have penetrated to this depth to date. Such upflow zones can be associated with bonanza mineralization and constitute some of the world's best epithermal gold-silver deposits.
At a cut-off of 0.3 gram per tonne (g/t) gold, the immediate exploration target is from 35 million to 40 million tonnes of open pittable material at a grade of 0.76 to 0.80 g/t gold and 2.4 to 2.8 g/t silver, containing between 860,000 and one million ounces of gold and 2.7 million to 3.6 million ounces of silver. This exploration target may be revised upward at a later date as extension drilling continues with two diamond drill rigs at Kay Tanda. At a cut-off of 0.5 g/t gold, the immediate exploration target is from 15 million to 20 million tonnes of open pittable material at a grade of 1.1 to 1.4 g/t gold and 3.0 to 3.4 g/t silver, containing from 530,000 to 900,000 ounces of gold and from 1.45 million to 2.2 million ounces of silver.
Kay Tanda is being evaluated for its open pit, heap leach potential. Initial metallurgical testwork has produced excellent results. Kay Tanda is interpreted as intermediate to low sulphidation epithermal quartz-carbonate-gold-silver-base-metal mineralization telescoped into the top of an underlying porphyry copper-gold system.
Programs are carried out under the supervision of Tony Climie, PGeol, who is a qualified person as defined by National Instrument 43-101. Sample preparation and assaying are performed by McPhar Laboratory of Manila, an ISO 9001/2000 accredited laboratory. Gold assays were by 50-gram fire assay fusion; where gold assays greater than three parts per million (ppm) were by gravimetric finish, and by AAS where the gold values were less than that threshold. Silver was determined by AAS after an HCl-HNO3-HClO4 digest. Normal quality control and quality assurance procedures are being carried out, using a system of duplicate, standard and blank samples.
© 2007 Canjex Publishing Ltd.
_________________
OLM Mindoro Resources, fett, fetter, da bin ich rein!
zu Kobex von US Energy 2.Juli 2007 Ausschnitt:
Lucky Jack Molybdenum Project
Press Release Source: U.S. Energy Corp.
U.S. Energy Corp. Announces a Stock Buy Back Program; Reviews Corporate Development Plans
Monday July 2, 2:42 pm ET
COMPANY TO CONSIDER A DUAL LISTING ON THE TORONTO STOCK EXCHANGE
The Company will continue to focus significantly upon the advancement of its "world-class" Lucky Jack molybdenum project located in west central Colorado, with an objective of bringing the mine into production as soon as feasible. The project operator, Kobex Resources Ltd. (KBX.V), (which has an option to purchase a 50% interest in the project for $50 million and is solely responsible for the first $50 million of expenditures on the project), has recently raised approximately $25 million in new capital for the Lucky Jack Project on Mt. Emmons. A comprehensive update on recent developments and planned activities will be issued on Thursday, July 5, 2007.
Lucky Jack Molybdenum Project
Press Release Source: U.S. Energy Corp.
U.S. Energy Corp. Announces a Stock Buy Back Program; Reviews Corporate Development Plans
Monday July 2, 2:42 pm ET
COMPANY TO CONSIDER A DUAL LISTING ON THE TORONTO STOCK EXCHANGE
The Company will continue to focus significantly upon the advancement of its "world-class" Lucky Jack molybdenum project located in west central Colorado, with an objective of bringing the mine into production as soon as feasible. The project operator, Kobex Resources Ltd. (KBX.V), (which has an option to purchase a 50% interest in the project for $50 million and is solely responsible for the first $50 million of expenditures on the project), has recently raised approximately $25 million in new capital for the Lucky Jack Project on Mt. Emmons. A comprehensive update on recent developments and planned activities will be issued on Thursday, July 5, 2007.
Jul 06, 2007 08:30 ET
Kobex Provides Corporate Update
VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 6, 2007) - Kobex Resources Ltd. (Kobex) (TSX VENTURE:KBX) is pleased to provide the following update on the development of its Lucky Jack Molybdenum Project (the Project) located in Gunnison County, Colorado.
Kobex has now received approval by the TSX Venture Exchange for the Exploration, Development and Mine Operating Agreement entered into with U.S. Energy Corp., Crested Corp. and U.S. Moly Corp on April 3, 2007 in respect of the Lucky Jack Molybdenum Project (previously known as the Mt. Emmons Project) located near Crested Butte, Colorado, USA. As previously reported, Kobex will manage and operate as well as fund the development of the Project, and has the option to earn from U.S. Energy and Crested Corp., up to a 65% interest in the Project, or be required to purchase, through the issuance of up to 50% (but not 50% or greater) of the issued share capital of Kobex, 100% of the Project through a newly formed wholly owned subsidiary of U.S. Energy Corp, all upon certain terms and conditions being met.
A budget of USD $14.2 million for the next 12 months for the development of the Lucky Jack Project has been approved by the Board of Directors. This budget includes the operational costs for both Kobex Resources Ltd. as well as its wholly owned subsidiary Kobex Colorado Corporation. The primary areas of expenditure will be the rehabilitation of existing underground access to drill stations, underground definition drilling, preliminary engineering studies to support the Plan of Operations, and operating costs associated with the water treatment plant.
Kobex Colorado Corporation has entered into a contract with Thyssen Mining Construction of Canada Inc. (Thyssen) for the underground rehabilitation at the Project. Thyssen is currently mobilizing its team and equipment to carry out the underground work program. This will provide safe and efficient access to historic drill stations, to planned additional drill access drifts and new drill stations and allow delineation of the areas of higher grade mineralization identified by Climax Molybdenum Corporation. The underground rehabilitation work is expected to take approximately nine to ten months. Thyssen is a leading mining contractor in the Western USA and Canada with over 40 years experience in the mining industry. They are known for their safe mining practices and commitment to the protection of the environment.
A Plan of Operations is currently being prepared and evaluated prior to being presented to the U.S. Forest Service. This submission is the first step in the formal environmental permitting process for the Project. A series of studies examining infrastructure sites, transportation routes, hydrology, and socio-economic conditions and projections have been commissioned and are nearing completion. It is Kobex`s intent to submit the Plan of Operations for the Lucky Jack Project to the U.S. Forest Service in the fourth quarter of 2007.
Kobex is planning to commence a Feasibility Study on the Lucky Jack Project in the first quarter of 2008. Geological resource estimation, mine production scheduling, process metallurgical test work, plant and tailing impoundment design, infrastructure and manpower requirements will all be evaluated in sufficient detail for preparation of an Environmental Impact Statement (EIS). Kobex is projecting U.S. Forest Service approval in 2010. If these timelines are met, Kobex expects mine construction to begin in 2011, with first production of molybdenum concentrate anticipated in 2013.
The market for molybdenum remains robust. Since 2005, annual global demand has risen from 380 million pounds (lbs.) to an estimated 426 million lbs. in 2007, and demand is projected to reach 461 million lbs. by 2009. With demand being fuelled by economic and industrial growth in China, India, the U.S. and the global energy sector, some economists forecast growth at a 5% compound annual growth rate for the foreseeable future. If such forecasts prove realistic, worldwide demand for molybdenum would reach or exceed 700 million pounds annually by 2020. Today molybdic oxide (Mo) is trading in the $30/lb. range in a tight supply/demand market environment.
Kobex has recently added to their staff and is pleased to announce several appointments:
Ms. Andrea Zaradic, P. Eng., has been appointed to the position of Senior Project Manager. Ms. Zaradic is a graduate of the University of British Columbia and holds both Masters and Bachelors degrees in Mechanical Engineering. In a career with 20 years experience, Andrea has played an instrumental role in consulting engineering, project management, design and plant commissioning, operations and owners project development in the mining, forestry and high technology sectors. Recent examples include the Forrest Kerr Hydroelectric Project, Oyu Tolgoi Copper Project, Onca Puma Nickel Project and the Ekati Diamond Mine. Ms. Zaradic is a registered Professional Engineer in the provinces of British Columbia and Ontario.
Mr. William (Bill) Kazel is appointed to the position of Site Manager with Kobex Colorado Corporation. Bill has over 40 years of experience in the exploration, development, reclamation & closure and operations management of large and small underground mines. Bill has a degree in Chemical Engineering from the University of Denver and is a Colorado resident.
Mr. Robert (Bob) Weigel is appointed to the position of Contract Supervisor with Kobex Colorado Corporation. Bob was born and raised in Gunnison County, near the Lucky Jack Project and has worked in underground mining in the western USA for the last 30 years.
Kobex president, Mr. Leo King remarked " we are pleased with recent progress in moving forward on the Lucky Jack project. Our successful financing and addition of key staff will allow us to aggressively advance the work on this exciting project. US Energy has been very supportive in our initial start-up efforts and we look forward to a long-lasting co-operative relationship."
Kobex is committed to sustainable mining operations that balance economic, social and environmental values. In all its activities it commits to:
- Protecting human health and safety
- Protecting the environment and wildlife habitat
- Operating with transparency and accountability
- Complying with all national, regional and local laws and regulations
- Engaging and partnering with local communities
- Providing long-lasting benefits to local communities
By working in this manner, Kobex will deliver value to its shareholders while providing sustainable economic, social and environmental benefits to local communities in regions where it operates.
On behalf of the Board of Directors
H. Leo King, President
gekürzt!!
Kobex Provides Corporate Update
VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 6, 2007) - Kobex Resources Ltd. (Kobex) (TSX VENTURE:KBX) is pleased to provide the following update on the development of its Lucky Jack Molybdenum Project (the Project) located in Gunnison County, Colorado.
Kobex has now received approval by the TSX Venture Exchange for the Exploration, Development and Mine Operating Agreement entered into with U.S. Energy Corp., Crested Corp. and U.S. Moly Corp on April 3, 2007 in respect of the Lucky Jack Molybdenum Project (previously known as the Mt. Emmons Project) located near Crested Butte, Colorado, USA. As previously reported, Kobex will manage and operate as well as fund the development of the Project, and has the option to earn from U.S. Energy and Crested Corp., up to a 65% interest in the Project, or be required to purchase, through the issuance of up to 50% (but not 50% or greater) of the issued share capital of Kobex, 100% of the Project through a newly formed wholly owned subsidiary of U.S. Energy Corp, all upon certain terms and conditions being met.
A budget of USD $14.2 million for the next 12 months for the development of the Lucky Jack Project has been approved by the Board of Directors. This budget includes the operational costs for both Kobex Resources Ltd. as well as its wholly owned subsidiary Kobex Colorado Corporation. The primary areas of expenditure will be the rehabilitation of existing underground access to drill stations, underground definition drilling, preliminary engineering studies to support the Plan of Operations, and operating costs associated with the water treatment plant.
Kobex Colorado Corporation has entered into a contract with Thyssen Mining Construction of Canada Inc. (Thyssen) for the underground rehabilitation at the Project. Thyssen is currently mobilizing its team and equipment to carry out the underground work program. This will provide safe and efficient access to historic drill stations, to planned additional drill access drifts and new drill stations and allow delineation of the areas of higher grade mineralization identified by Climax Molybdenum Corporation. The underground rehabilitation work is expected to take approximately nine to ten months. Thyssen is a leading mining contractor in the Western USA and Canada with over 40 years experience in the mining industry. They are known for their safe mining practices and commitment to the protection of the environment.
A Plan of Operations is currently being prepared and evaluated prior to being presented to the U.S. Forest Service. This submission is the first step in the formal environmental permitting process for the Project. A series of studies examining infrastructure sites, transportation routes, hydrology, and socio-economic conditions and projections have been commissioned and are nearing completion. It is Kobex`s intent to submit the Plan of Operations for the Lucky Jack Project to the U.S. Forest Service in the fourth quarter of 2007.
Kobex is planning to commence a Feasibility Study on the Lucky Jack Project in the first quarter of 2008. Geological resource estimation, mine production scheduling, process metallurgical test work, plant and tailing impoundment design, infrastructure and manpower requirements will all be evaluated in sufficient detail for preparation of an Environmental Impact Statement (EIS). Kobex is projecting U.S. Forest Service approval in 2010. If these timelines are met, Kobex expects mine construction to begin in 2011, with first production of molybdenum concentrate anticipated in 2013.
The market for molybdenum remains robust. Since 2005, annual global demand has risen from 380 million pounds (lbs.) to an estimated 426 million lbs. in 2007, and demand is projected to reach 461 million lbs. by 2009. With demand being fuelled by economic and industrial growth in China, India, the U.S. and the global energy sector, some economists forecast growth at a 5% compound annual growth rate for the foreseeable future. If such forecasts prove realistic, worldwide demand for molybdenum would reach or exceed 700 million pounds annually by 2020. Today molybdic oxide (Mo) is trading in the $30/lb. range in a tight supply/demand market environment.
Kobex has recently added to their staff and is pleased to announce several appointments:
Ms. Andrea Zaradic, P. Eng., has been appointed to the position of Senior Project Manager. Ms. Zaradic is a graduate of the University of British Columbia and holds both Masters and Bachelors degrees in Mechanical Engineering. In a career with 20 years experience, Andrea has played an instrumental role in consulting engineering, project management, design and plant commissioning, operations and owners project development in the mining, forestry and high technology sectors. Recent examples include the Forrest Kerr Hydroelectric Project, Oyu Tolgoi Copper Project, Onca Puma Nickel Project and the Ekati Diamond Mine. Ms. Zaradic is a registered Professional Engineer in the provinces of British Columbia and Ontario.
Mr. William (Bill) Kazel is appointed to the position of Site Manager with Kobex Colorado Corporation. Bill has over 40 years of experience in the exploration, development, reclamation & closure and operations management of large and small underground mines. Bill has a degree in Chemical Engineering from the University of Denver and is a Colorado resident.
Mr. Robert (Bob) Weigel is appointed to the position of Contract Supervisor with Kobex Colorado Corporation. Bob was born and raised in Gunnison County, near the Lucky Jack Project and has worked in underground mining in the western USA for the last 30 years.
Kobex president, Mr. Leo King remarked " we are pleased with recent progress in moving forward on the Lucky Jack project. Our successful financing and addition of key staff will allow us to aggressively advance the work on this exciting project. US Energy has been very supportive in our initial start-up efforts and we look forward to a long-lasting co-operative relationship."
Kobex is committed to sustainable mining operations that balance economic, social and environmental values. In all its activities it commits to:
- Protecting human health and safety
- Protecting the environment and wildlife habitat
- Operating with transparency and accountability
- Complying with all national, regional and local laws and regulations
- Engaging and partnering with local communities
- Providing long-lasting benefits to local communities
By working in this manner, Kobex will deliver value to its shareholders while providing sustainable economic, social and environmental benefits to local communities in regions where it operates.
On behalf of the Board of Directors
H. Leo King, President
gekürzt!!
Ausschnitt:
A budget of USD $14.2 million for the next 12 months for the development of the Lucky Jack Project has been approved by the Board of Directors.
Kobex Colorado Corporation has entered into a contract with Thyssen Mining Construction of Canada Inc. (Thyssen) for the underground rehabilitation at the Project. Thyssen is currently mobilizing its team and equipment to carry out the underground work program.
The underground rehabilitation work is expected to take approximately nine to ten months.
A series of studies examining infrastructure sites, transportation routes, hydrology, and socio-economic conditions and projections have been commissioned and are nearing completion.
Kobex is planning to commence a Feasibility Study on the Lucky Jack Project in the first quarter of 2008.
A budget of USD $14.2 million for the next 12 months for the development of the Lucky Jack Project has been approved by the Board of Directors.
Kobex Colorado Corporation has entered into a contract with Thyssen Mining Construction of Canada Inc. (Thyssen) for the underground rehabilitation at the Project. Thyssen is currently mobilizing its team and equipment to carry out the underground work program.
The underground rehabilitation work is expected to take approximately nine to ten months.
A series of studies examining infrastructure sites, transportation routes, hydrology, and socio-economic conditions and projections have been commissioned and are nearing completion.
Kobex is planning to commence a Feasibility Study on the Lucky Jack Project in the first quarter of 2008.
- Status
