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Rohstoffthread (Archiv)
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Molypreis wird verhandelt nicht gehedged,korreliert mit Stahl und ist extrem stabil seit 2 Jahren!!
Sind über den Daumen 5 Mrd $ proven provable plus interferred indicaded
Sind über den Daumen 5 Mrd $ proven provable plus interferred indicaded
[url=http://peketec.de/trading/viewtopic.php?p=426401#426401 schrieb:
Das Teil ist ja in Juni runter wo der Ceo resigned hat plus der der Warterei auf das Permit. Da waren viele Shorties drin!! Erstes Kursziel 0,70 Cad, wenn genommen dann flott die 0,90 Cad.
Ich muss das mal vergleichen mit Blue Pearl Mining (Thompson Creek). Da hab ich mit 16K zu 3,30€ fett
eingetütet!
Steuerfrei!!!!!
Ich muss das mal vergleichen mit Blue Pearl Mining (Thompson Creek). Da hab ich mit 16K zu 3,30€ fett
eingetütet!
Steuerfrei!!!!!Hör auf mit Blue Pearl.....
Die hatte ich bei 1,xx Euro und bin mit Minigewinn raus. Dann nur noch zugeshen ohne mal abzudrücken...der Rest ist bekannt
.
Aber Adanac wird wohl innerhalb der nächsten 12 Monate in Produktion gehen und dem Minenaufbau steht nun eig. nichts mehr im Wege. Wenn die sich vom derzeitigen Niveau nicht nachhaltig erholt weiß ich es auch nicht. Die Voraussetzungen sind mit der Permit nun optimal.
Da sollte was gehen
Die hatte ich bei 1,xx Euro und bin mit Minigewinn raus. Dann nur noch zugeshen ohne mal abzudrücken...der Rest ist bekannt
.Aber Adanac wird wohl innerhalb der nächsten 12 Monate in Produktion gehen und dem Minenaufbau steht nun eig. nichts mehr im Wege. Wenn die sich vom derzeitigen Niveau nicht nachhaltig erholt weiß ich es auch nicht. Die Voraussetzungen sind mit der Permit nun optimal.
Da sollte was gehen
[url=http://peketec.de/trading/viewtopic.php?p=426420#426420 schrieb:dukezero schrieb am 20.06.2008, 13:56 Uhr[/url]"]Das Teil ist ja in Juni runter wo der Ceo resigned hat plus der der Warterei auf das Permit. Da waren viele Shorties drin!! Erstes Kursziel 0,70 Cad, wenn genommen dann flott die 0,90 Cad.
Ich muss das mal vergleichen mit Blue Pearl Mining (Thompson Creek). Da hab ich mit 16K zu 3,30€ fett
eingetütet!
Jun 20, 2008 08:06 ET
Drilling Extends High Grade Skarn at Kinbauri's El Valle Project Drills 15.2m of 8.2g Au/t, 18.0g Ag/t and 1.19% Cu Including 5.8m of 25.1g Au/t, 37.8g Ag/t and 2.04% Cu
OTTAWA, ONTARIO--(Marketwire - June 20, 2008) - Kinbauri Gold Corp. ("Kinbauri") (TSX VENTURE:KNB)(FRANKFURT:3KG.DE) is pleased to announce continued results from its on-going 23,000m underground in-fill diamond drilling program at El Valle (over 75% the program is now complete). Highlights of assay results from Black Skarn North ("BSN") and Area 107 ("107") include:
- 35.8m grading 4.9g Au/t, 13.9g Ag/t and 0.80% Cu in 08KV1117, including 5.8m grading 11.1g Au/t, 36.5 Ag/t and 1.14% Cu.
- 15.2m grading 8.2g Au/t, 18.0g Ag/t and 1.19%Cu also in 08KV1117, including 3.8m grading 25.1g Au/t, 37.8g Ag/t and 2.04% Cu.
- 25.0m grading 4.1g Au/t, 2.8g Ag/t and 0.21% Cu in 08KV1110, including 1.7m grading 12.2g Au/t, 2.0g Ag/t and 0.05% Cu.
- 17.9m grading 3.9g Au/t, 16.0g Ag/t and 0.54% Cu in 08KV1103, including 3.1m grading 10.8g Au/t, 53.5g Ag/t and 1.18% Cu.
- 9.1m grading 12.1g Au/t, 47.2g Ag/t and 2.69% Cu in 08KV1120, including 4.3m grading 23.8g Au/t, 97.1g Ag/t and 5.53% Cu.
Results from 08KV1117 on section 12 indicate an extension of the "high grade skarn" (hereafter referred to as the San Martin Zone) at least 30m further south of 08KV1105. The San Martin zone was first identified in 08KV1105 (press release of May 20th, 2008). As suggested in our press release of June 3rd, continuation of the San Martin Zone to the Monica Zone, a further 200 m to the south, would result in a significant increase in El Valle's total gold and copper resources.
Holes 08KV1116, 08KV1118 and 08KV1120 are in-fill holes located in the Central Area of BSN, where chalcopyrite-magnetic skarn is overprinted by epithermal mineralization associated with the Charnela Zone. This results in substantial Au-Ag-Cu enrichment, most dramatically illustrated by the 4.25m of 23.79g Au/t, 97.1g Ag/t and 5.53% Cu in 08KV1120. Holes 08KV1103, 08KV1110 and 08KV1119 are in-fill holes in the West Area of BSN that confirm the thickness and grade of previously drilled Au-Ag-Cu bearing skarn in this Area (press releases of February 27th, March 10th and April 17th, 2008). Hole 08KV1068 is on section 5 and is from the oxidized sector of Area 107 where gold is hosted in jasperoid breccia.
Assays from the latest ten diamond drill holes are summarized as follows:
HOLE From To Interval % Au Ag Cu Zone(DDH)(1) (m) (m) (m) (2) (g/t) (g/t) (%) /Section(3)08KV1120 81.90 91.00 9.10 94 12.10 47.2 2.69 107/975Including 85.35 89.60 4.25 " 23.79 97.1 5.53---------------------------------------------------------------------------08KV1119 103.00 104.50 1.50 55 2.09 11.0 0.95 BSN/90008KV1119 112.70 127.70 15.00 " 3.64 7.3 0.24Including 112.70 115.90 3.20 " 5.63 6.0 0.1808KV1119 122.95 124.55 1.60 " 7.43 30.0 0.80---------------------------------------------------------------------------08KV1118 85.85 97.10 11.25 34 2.34 12.8 0.58 BSN/975Including 90.35 91.65 1.30 " 5.74 53.0 1.3708KV1118 100.20 111.75 11.55 " 1.95 10.1 0.59Including 105.45 106.80 1.35 " 2.37 28.0 1.49---------------------------------------------------------------------------08KV1117 169.15 204.90 35.75 30 4.92 13.9 0.80 BSN/12Including 177.40 197.00 19.60 " 7.40 18.0 0.88Including 177.40 183.20 5.80 " 11.08 36.5 1.1408KV1117 228.10 243.25 15.15 " 8.15 18.0 1.19Including 230.25 234.00 3.75 " 25.12 37.8 2.0408KV1117 252.40 254.20 2.10 " 3.08 18.0 1.92---------------------------------------------------------------------------08KV1116 83.65 107.55 23.90 57 1.87 6.5 0.38 BSN/975Including 91.25 92.75 1.50 " 5.06 2.0 0.08Including 97.00 98.60 1.60 " 7.10 21.0 0.3508KV1116 117.60 133.60 16.00 " 1.65 9.0 0.58Including 117.60 120.9 3.30 " 4.20 18.5 1.1508KV1116 149.40 150.80 1.40 " 1.58 10.0 0.62---------------------------------------------------------------------------08KV1110 112.10 126.50 14.40 78 2.72 12.7 1.14 BSN/900Including 122.00 126.50 4.50 " 6.00 25.7 2.2008KV1110 130.20 148.30 18.10 " 2.23 11.4 0.66Including 130.20 134.00 3.80 " 1.67 16.3 2.0608KV1110 165.25 190.20 24.95 " 4.05 2.8 0.21Including 166.90 168.55 1.65 " 12.21 2.0 0.05Including 171.55 177.85 6.30 " 5.33 3.1 0.1308KV1110 199.35 202.85 3.50 " 4.67 2.4 0.21Including 199.35 200.85 1.50 " 6.99 3.0 0.34---------------------------------------------------------------------------08KV1109 69.40 70.70 1.30 " 2.28 3 0.03 BSN/1075---------------------------------------------------------------------------08KV1107 No intercepts of 2 g/t Au eq 107/9---------------------------------------------------------------------------08KV1103 114.10 131.95 17.85 57 3.9 16.0 0.54 BSN/875Including1 115.85 122.25 6.40 " 7.40 34.9 1.09 &107W/2WIncluding2 115.85 118.95 3.10 " 10.78 53.5 1.18--------------------------------------------------------------------------08KV1068 106.55 115.70 9.15 87 2.42 5.4 0.21 107/5Including 106.55 109.20 2.65 " 5.80 11.8 0.28Including 407.20 109.20 2.00 " 6.82 13.0 0.17--------------------------------------------------------------------------(1) See Schedules A and B for Location. (2) Percentage estimate of True Thicknesses. (3) BSN - Black Skarn North, 107 - Area 107
The underground drill program at El Valle and Carles is being supervised by Mr. Santiago Gonzalez-Nistal, Kinbauri Espana's senior geologist, with quality control being provided by Dr. C. F. Gleeson, P. Eng., Kinbauri's Vice-President of Exploration: both are qualified persons as defined by N.I. 43-101. Details of Kinbauri's Assay and Quality Assurance Programs are reported in a press release of February 27th, 2008. This press release was prepared by Drs V. N. Rampton, P. Eng and C. F. Gleeson, P. Eng. in their capacity as qualified persons. Dr. Rampton has recorded "Beyond the Press Releases" concerning assay results obtained from El Valle and Kinbauri's mine development plans on Kinbauri's official Investor Relations Site at http://www.agoracom.com/IR/kinbauri.
In other corporate news: only 790,000 of the previously announced one million options approved for issuance were actually awarded (press release of June 9th, 2008); a further award of options await a total corporate review of corporate governance and compensation policies.
About Kinbauri
Kinbauri is a TSXV - Tier 1 Mineral Exploration Company focused on the development of mineral properties, primarily precious metal prospects in northwestern Spain, Nevada and Canada. Its immediate focus is to expand and upgrade resources to reserves at the El Valle property in Asturias, Spain in order to start operations at the mine and existing mill complex there in 2010. It currently has 49,567,013 common shares issued and outstanding.
This press release contains certain forward-looking statements, which are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected. Kinbauri undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.
VISIT:
Kinbauri Gold's Hub at http://www.agoracom.com/IR/kinbauri where investors can post questions and receive answers or review questions and answers already posted by other investors.
[url=http://peketec.de/trading/viewtopic.php?p=426435#426435 schrieb:greenhorn schrieb am 20.06.2008, 14:09 Uhr[/url]"]
Jun 20, 2008 08:06 ET
Drilling Extends High Grade Skarn at Kinbauri's El Valle Project Drills 15.2m of 8.2g Au/t, 18.0g Ag/t and 1.19% Cu Including 5.8m of 25.1g Au/t, 37.8g Ag/t and 2.04% Cu
OTTAWA, ONTARIO--(Marketwire - June 20, 2008) - Kinbauri Gold Corp. ("Kinbauri") (TSX VENTURE:KNB)(FRANKFURT:3KG.DE) is pleased to announce continued results from its on-going 23,000m underground in-fill diamond drilling program at El Valle (over 75% the program is now complete). Highlights of assay results from Black Skarn North ("BSN") and Area 107 ("107") include:
BUGF wird sich in den AR.... beissen, dass die da rausgegangen sind...
wenn man muß iss oft shice..............naja, heulen hilft nich! ich an BUF stelle hätte die fernöstlichen Aktivitäten abgestossen und mich auf Sargold etc. gestürzt und mit dem Cashflow die Beteiligung an Kinbauri ausgebaut........... 
ich an BUF stelle hätte die fernöstlichen Aktivitäten abgestossen und mich auf Sargold etc. gestürzt und mit dem Cashflow die Beteiligung an Kinbauri ausgebaut........... [url=http://peketec.de/trading/viewtopic.php?p=426441#426441 schrieb:Fischlaender schrieb am 20.06.2008, 14:12 Uhr[/url]"][url=http://peketec.de/trading/viewtopic.php?p=426435#426435 schrieb:greenhorn schrieb am 20.06.2008, 14:09 Uhr[/url]"]
Jun 20, 2008 08:06 ET
Drilling Extends High Grade Skarn at Kinbauri's El Valle Project Drills 15.2m of 8.2g Au/t, 18.0g Ag/t and 1.19% Cu Including 5.8m of 25.1g Au/t, 37.8g Ag/t and 2.04% Cu
OTTAWA, ONTARIO--(Marketwire - June 20, 2008) - Kinbauri Gold Corp. ("Kinbauri") (TSX VENTURE:KNB)(FRANKFURT:3KG.DE) is pleased to announce continued results from its on-going 23,000m underground in-fill diamond drilling program at El Valle (over 75% the program is now complete). Highlights of assay results from Black Skarn North ("BSN") and Area 107 ("107") include:
BUGF wird sich in den AR.... beissen, dass die da rausgegangen sind...
und Tenajon hat höhere Gehalte! - iss bei Adanac kanpp überm Wirtschaftslichleitgrad.......werde trotzdem mal sehen ob ich da noch was erwerben kann, denn ne Genehmigung ist ne Genehmigung! 
[url=http://peketec.de/trading/viewtopic.php?p=426437#426437 schrieb:
Die werden erst unwirtschaftlich wenn Moly unter 20$ je pound fällt!Aktuell bei 32$ !!
Das gleiche habe ich 12 Monate im Blue Peal Thread gelesen!!
Im Moment würden die pro Tag 240.000$ Cash verdienen! Bei 20.000 t pro Tag an Produktion.
Das gleiche habe ich 12 Monate im Blue Peal Thread gelesen!!
Im Moment würden die pro Tag 240.000$ Cash verdienen! Bei 20.000 t pro Tag an Produktion.
[url=http://peketec.de/trading/viewtopic.php?p=426449#426449 schrieb:greenhorn schrieb am 20.06.2008, 14:18 Uhr[/url]"]und Tenajon hat höhere Gehalte! - iss bei Adanac kanpp überm Wirtschaftslichleitgrad.......werde trotzdem mal sehen ob ich da noch was erwerben kann, denn ne Genehmigung ist ne Genehmigung!
[url=http://peketec.de/trading/viewtopic.php?p=426437#426437 schrieb:
Jun 20, 2008 08:30 ET
Bluerock Completes LOI for Patti Ann Uranium Stock Pile
VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 20, 2008) - Bluerock Resources Ltd. (TSX VENTURE:BRD) (the "Company") is pleased to announce that a Letter of Intent (LOI) was signed with Uranium One Inc. to exploit the Patti Ann uranium mine surface stockpile, Lisbon Valley, Utah. This material will be included in Bluerock's White Mesa Milling Agreements with Denison Mines Corp.
Uranium One payment terms (pending exchange approval) include 100,000 Bluerock shares and 20% of the net revenue of the Patti Ann uranium stockpile. The Company must complete the first shipment to the White Mesa Mill within one year to maintain the lease in good standing.
"The Patti Ann LOI has reduced Bluerock's production and cost risk profile and will provide the Company with increased flexibility for delivery into its White Mesa Milling Agreement," said Bluerock President & CEO Michael Collins. "Bluerock's access to the only operating conventional uranium mill in the USA has uniquely benefited the Company's ability to add near term production assets to its existing portfolio."
The Patti Ann uranium stockpile contains a historic resources of 92,000 tons of uranium enriched broken rock with an average grade of 0.09% U3O8 (as reported by US Energy Corp. (pre-2001)). Preliminary uranium grade and distribution analysis of the stockpile has begun and a test sample was provisionally deemed acceptable for processing at the White Mesa Mill. (A qualified person has not done sufficient work to classify the historical estimate as current mineral resources, the issuer is not treating the historical estimate as current mineral resources and the historical estimate should not be relied upon.)
The Patti Ann Mine and stockpile are located on Federal land approximately 60 miles from the White Mesa Mill in the Lisbon Valley, southwest Utah. Bluerock has started permitting exploitation of the stockpile for material assessment and transport to the White Mesa Mill.
Paul D. Gray, P.Geo. is the Qualified Person with respect to the Patti Ann Lease Project and has reviewed and approved this press release.
Bluerock Resources Ltd. is a uranium mining company focused on developing tomorrow's energy today through the acquisition and development of conventional uranium resources.
ON BEHALF OF THE BOARD OF DIRECTORS
Michael Collins, President and CEO
Bluerock Completes LOI for Patti Ann Uranium Stock Pile
VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 20, 2008) - Bluerock Resources Ltd. (TSX VENTURE:BRD) (the "Company") is pleased to announce that a Letter of Intent (LOI) was signed with Uranium One Inc. to exploit the Patti Ann uranium mine surface stockpile, Lisbon Valley, Utah. This material will be included in Bluerock's White Mesa Milling Agreements with Denison Mines Corp.
Uranium One payment terms (pending exchange approval) include 100,000 Bluerock shares and 20% of the net revenue of the Patti Ann uranium stockpile. The Company must complete the first shipment to the White Mesa Mill within one year to maintain the lease in good standing.
"The Patti Ann LOI has reduced Bluerock's production and cost risk profile and will provide the Company with increased flexibility for delivery into its White Mesa Milling Agreement," said Bluerock President & CEO Michael Collins. "Bluerock's access to the only operating conventional uranium mill in the USA has uniquely benefited the Company's ability to add near term production assets to its existing portfolio."
The Patti Ann uranium stockpile contains a historic resources of 92,000 tons of uranium enriched broken rock with an average grade of 0.09% U3O8 (as reported by US Energy Corp. (pre-2001)). Preliminary uranium grade and distribution analysis of the stockpile has begun and a test sample was provisionally deemed acceptable for processing at the White Mesa Mill. (A qualified person has not done sufficient work to classify the historical estimate as current mineral resources, the issuer is not treating the historical estimate as current mineral resources and the historical estimate should not be relied upon.)
The Patti Ann Mine and stockpile are located on Federal land approximately 60 miles from the White Mesa Mill in the Lisbon Valley, southwest Utah. Bluerock has started permitting exploitation of the stockpile for material assessment and transport to the White Mesa Mill.
Paul D. Gray, P.Geo. is the Qualified Person with respect to the Patti Ann Lease Project and has reviewed and approved this press release.
Bluerock Resources Ltd. is a uranium mining company focused on developing tomorrow's energy today through the acquisition and development of conventional uranium resources.
ON BEHALF OF THE BOARD OF DIRECTORS
Michael Collins, President and CEO
[url=http://peketec.de/trading/viewtopic.php?p=426462#426462 schrieb:
Thompson Creek hat in der Thompson Creek Mine 209Mio. Pfund Moly liegen. Adanac hat 203Mio. Pfund. (immer proven + probable). Die Grade sind allerdings bei Thompson Creek viel höher: 0,099 zu 0,058, was gewiss ein sehr großer Vorteil auf der Kostenseite ist.
In Endako warten auf TC nochmal 324 Mio. Pfund, allerdings mit Graden von lediglich 0,05. Dieses Projekt soll 2009 in Produktion.
Thompson Creek wird mit 1570Mio euro bewertet, Adanac mit 45!!!.
Moly hat sehr gute Fundamentaldaten.
zu der Aktionärsstruktur bei Andanc habe ich auch nix gefunden - Übernahme? würde das für TCM Sinn machen?
von den Gehalten und den Mengen ist Tenajon deutlich größer und iis noch nich am Ende - sind allerdings noch nich "ganz" sooo weit wie AUA..........
auch sehe ich nicht Anfang 2009 sondern eher MItte/Ende den Produktionsstart bei AUA
von den Gehalten und den Mengen ist Tenajon deutlich größer und iis noch nich am Ende - sind allerdings noch nich "ganz" sooo weit wie AUA..........
auch sehe ich nicht Anfang 2009 sondern eher MItte/Ende den Produktionsstart bei AUA
angeblich will BRD seine Mongolei Projekte verkaufen
[url=http://peketec.de/trading/viewtopic.php?p=426478#426478 schrieb:
Jun 20, 2008 09:50 ET
Drill Program on Hawk/MacDonald-McNugget 'Ring of Fire' JV Property to Commence in June
TORONTO, ONTARIO--(Marketwire - June 20, 2008) - Hawk Uranium Inc. (TSX VENTURE:HUI)(FRANKFURT:HPM) ("Hawk") has been advised by its joint venture partner, MacDonald Mines Exploration Ltd. ("MacDonald"), that the 2008 drill program will commence in late June, focused on geophysically defined targets on five project areas in the 'Ring of Fire' district of the James Bay lowlands - including the Hawk/MacDonald - McNugget JV Property.
THE DRILL PROGRAM:
MacDonald's on-going ground geophysical surveys have defined prime targets for a follow-up diamond-drilling campaign. MacDonald, as manager of the property, has advised Hawk that drilling will be carried out on the Hawk/MacDonald - McNugget JV Property as part of a 30-hole, 5,000 metre summer drill program.
The Hawk/MacDonald - McNugget JV Property (MacDonald (63.25%) and Hawk (36.75%)) is comprised of 6 contiguous mining claims (approximately 3, 840 acres) and is enclosed within the larger MacDonald McNugget claim block. MacDonald Mines is the operator and all exploration work is conducted by MacDonald contractors.
Hawk is pleased to partner with MacDonald Mines in the 2008 exploration season in the 'Ring of Fire' area of Northern Ontario.
HAWK URANIUM INC. is a Canadian based junior mining company with a portfolio of diversified exploration projects at various stages of exploration and drilling, for Nickel/Copper/PGM in the 'Ring of Fire' McFauld's Lake Area of N. Ontario, Gold in N. Ontario, Uranium in N. Saskatchewan, Ontario and Quebec, and P&NG Leases in S.W. Ontario.
More detailed information is available on the website at www.hawkuranium.com
Drill Program on Hawk/MacDonald-McNugget 'Ring of Fire' JV Property to Commence in June
TORONTO, ONTARIO--(Marketwire - June 20, 2008) - Hawk Uranium Inc. (TSX VENTURE:HUI)(FRANKFURT:HPM) ("Hawk") has been advised by its joint venture partner, MacDonald Mines Exploration Ltd. ("MacDonald"), that the 2008 drill program will commence in late June, focused on geophysically defined targets on five project areas in the 'Ring of Fire' district of the James Bay lowlands - including the Hawk/MacDonald - McNugget JV Property.
THE DRILL PROGRAM:
MacDonald's on-going ground geophysical surveys have defined prime targets for a follow-up diamond-drilling campaign. MacDonald, as manager of the property, has advised Hawk that drilling will be carried out on the Hawk/MacDonald - McNugget JV Property as part of a 30-hole, 5,000 metre summer drill program.
The Hawk/MacDonald - McNugget JV Property (MacDonald (63.25%) and Hawk (36.75%)) is comprised of 6 contiguous mining claims (approximately 3, 840 acres) and is enclosed within the larger MacDonald McNugget claim block. MacDonald Mines is the operator and all exploration work is conducted by MacDonald contractors.
Hawk is pleased to partner with MacDonald Mines in the 2008 exploration season in the 'Ring of Fire' area of Northern Ontario.
HAWK URANIUM INC. is a Canadian based junior mining company with a portfolio of diversified exploration projects at various stages of exploration and drilling, for Nickel/Copper/PGM in the 'Ring of Fire' McFauld's Lake Area of N. Ontario, Gold in N. Ontario, Uranium in N. Saskatchewan, Ontario and Quebec, and P&NG Leases in S.W. Ontario.
More detailed information is available on the website at www.hawkuranium.com
Jun 20, 2008 11:54 ET
Cardero Options Three Mexican Silver-Lead-Zinc Projects to Ethos Capital Corp.
VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 20, 2008) - Cardero Resource Corp. ("Cardero" or the "Company") (TSX:CDU)(AMEX:CDY)(FRANKFURT:CR5) is pleased to announce that, as part of the Company's strategy to focus on its pre-eminent Pampa De Pongo and Pampa el Toro Iron Ore deposits in the Marcona District of Peru, it has signed a letter of intent dated June 12, 2008 ("LOI") with Ethos Capital Corp., a Capital Pool Company listed on the TSX Venture Exchange ("Ethos"), pursuant to which Ethos has been granted an option to earn an interest in the Company's Santa Teresa, Calera and Coralles Silver-Lead-Zinc projects in Mexico. The Company understands that this transaction is intended to constitute the qualifying transaction for Ethos.
Pursuant to the LOI, Ethos may earn a 70% interest in each of the properties by making cash payments of $750,000, and issuing an aggregate of two million common shares of Ethos, to Cardero over a three-year period.
Santa Teresa Project
To view the map accompanying this release please click the following URL: http://media3.marketwire.com/docs/CARDERO%20MAP.pdf
The Santa Teresa property, which consists of 8,140 hectares of exploration concessions (plus an additional 153 hectares of exploration concessions applied for) held 100% by the Company, is located approximately 120 kilometres north-northwest of the city of Saltillo, capital of the state of Coahuila, Mexico. The property has seen extensive mining activity, as more than 40 sets of historical workings are found along one or more mineralized horizons over a strike length of approximately 10 kilometres. The workings are thought to date from at least the 1930's and there is no evidence of any modern exploration or drilling.
Zinc-lead-copper-silver mineralization occurs (primarily as oxides) in replacements of favourable horizons as well as multiple, parallel, shear zones (up to 10 metres wide). The property hosts Carbonate Replacement Deposit (CRD) type mineralization as well as sedimentary copper (Kupfersciefer-type) mineralization. Six characterization rock samples (taken by a third party in 2003) returned results ranging between 18.2 g/t to 213 g/t silver, 0.37% to 49.1% copper (from selective chalcocite-rich samples), 0.37% to 6.69% lead, and 0.33% to 11.45% zinc.
Ethos has advised that it intends to complete an initial exploration program of trenching, sampling, geological mapping and geophysics in order to prioritize targets for drilling.
Calera Project
The Calera project is located in the state of Chihuahua, Mexico, 160 kilometres west of Chihuahua City, and consists of 425 hectares of exploration concessions held by the Company under option from third parties plus an additional 9,700 hectares of exploration concessions held 100% by the Company. The property was first discovered in 1652, and was the first producer of zinc in Mexico following the discovery of the outcropping La Prieta chimney and associated manto system at the property.
The option agreements with third parties require the following payments in order for the Company to acquire a 100% interest:
- 270 hectares - aggregate payments of USD 785,000 over 5 years to June 3, 2013 (USD 50,000 paid to date)
- 130 hectares - aggregate payments of USD 1,350,000 over 3 years to May 9, 2011 (USD 75,000 paid to date)
- 25 hectares - aggregate payments of USD 1,310,000 over 5 years to June 3, 2013 (USD 7,000 paid to date)
Calera is a classic productive CRD system project associated with dioritic dikes. It lies within an established belt of CRD's on the Western edge of the Chihuahua Trough, coincident with the Mojave-Sonora Megashear - a fundamental crustal break. The main ore body, the La Prieta Chimney (which is essentially mined out), outcrops over 40 x 50 metre area at surface and extends for 260 metres along strike (210 metres vertical depth). The chimney contains massive sphalerite, galena (with silver) and trace chalcopyrite. The extent of surface alteration and geochemical anomalism is comparable to that surrounding other significant CRD deposits in the belt. The property has not seen any modern exploration drilling and, with such a demonstrably extensive alteration system, the potential for further discoveries is considerable. Several targets are essentially drill-ready.
As part of Cardero's detailed mapping program, four characterization samples of massive sulphide were collected from within remnants of massive sulfide ore pockets inside the La Prieta Chimney. The mean grade of the four samples was 29.1% zinc, 8.86% lead and 5.08 oz/t silver. An additional 20 samples were taken over part of the extensive area of alteration (70 x 350 metres). The mean grades in these un-mineralized rocks were 0.25% zinc, 0.09% lead and 13 g/t silver. Considering that CRD-style mineralization does not typically support broad alteration haloes, these values are considered extremely anomalous.
Calera's historical reported production was in excess of 650,000 tons, with reported grades of 50-100 g/t silver, 5-7% lead and 10-25% zinc. Concentrates reportedly graded 2 kg/t silver, 75% lead and 55% zinc. Most recently, the deposit was mined between 1967 and 1983 using a small (60 tons/day) metallurgical plant. Mining ceased once the depth extents of La Prieta had been exhausted and no other exploration was undertaken from surface or underground.
Ethos has advised that it is planning a first phase program of mapping, geochemistry and geophysics with the aim of optimizing drill targets.
Coralles Project
The Coralles project is located in the south of Chihuahua state, 60 kilometres east from Parral, 28 kilometres south-southwest from the city of Jimenez and 110 kilometres south-southeast of the Naica mine of Compania Maple, S.A. de C.V. (a subsidiary of Industrias Penoles S.A. de C.V.). The property consists of 100 hectares of exploration concessions held under option from third parties plus an additional 8,400 hectares of exploration concessions held 100% by the Company. Corrales is an early stage CRD exploration target with significant mineralization exposed at surface. The property has been exploited on a small scale by informal miners, exposing mineralization in shallow surface pits. The property has not seen any modern exploration of any kind.
The option agreement with the third parties requires payments aggregating USD 657,000 (USD 42,000 paid to date) over 5 years to October 23, 2012 in order for the Company to acquire a 100% interest.
The property is comprised of interbedded limestones and dolostones of the Aurora Formation, which are intruded by felsic dikes. Surface mineralization is spatially related to brown manganiferous calcite veining and to quartz veinlets. Mineralization consists of galena, zinc-oxides and copper oxides. The mapped alteration and mineralized zone measures 100-300 metres wide by 1,100 metres in length.
Cardero's exploration to date has included 203 soil samples (100 x 50 metre sample grid) and 60 rock chip samples. Multi-element soil anomalies (zinc, lead, silver, copper and manganese) demonstrate excellent coincidence with the mapped alteration. Seven rock samples of in-situ mineralization returned a mean grade of 5.77% zinc, 2.44% lead and 104 g/t (3.4 oz/t) silver. A further 3 samples, collected from waste dump material, averaged 6.60% zinc, 3.68% lead and 216 g/t (6.95 oz/t) silver.
Ethos has advised that it intends to complete an initial program of mapping, sampling and geophysics to define targets for drilling.
Terms of the Agreement
Pursuant to the LOI, Ethos has an exclusive option to earn an undivided seventy (70%) percent interest in the Calera, Corrales and Santa Teresa properties by:
(a) Paying to Cardero the sum of $750,000, as follows:
(i) $250,000 by the day (the "Acceptance Date") which is five (5) days after the Letter of Intent is accepted for filing by the Exchange;
(ii) an additional $250,000 by the day which is one (1) year after the Acceptance Date;
(iii) an additional $250,000 by the day which is two (2) years after the Acceptance Date;
(b) Delivering to Cardero 2.0 million Ethos common shares, as follows:
(i) 400,000 shares by the day which is one (1) year after the Acceptance Date;
(ii) an additional 700,000 shares by the day which is two (2) years after the Acceptance Date; and
(iii) an additional 900,000 shares by the day which is three (3) years after the Acceptance Date; and
(c) Maintaining the properties (including making all required payments pursuant to the underlying option agreements) in good standing during the option period.
Following the exercise of the option by Ethos, the Mexican subsidiaries of Ethos and Cardero will enter into a joint venture, with each party being responsible for its ongoing share of further expenditures. If the interest of a participant is diluted to 10% or less, the interest of that participant will be converted to a 10% net profits interest royalty.
The option to Ethos is subject to the acceptance for filing of the LOI by the TSX Venture Exchange on behalf of Ethos, including fulfillment of the requirements for the completion of a qualifying transaction by Ethos under applicable TSXV policies.
Qualified Person
EurGeol Mr. Keith J. Henderson, Cardero's Vice President-Exploration and a qualified person as defined by National Instrument 43-101, has supervised the preparation of the scientific and technical information that forms the basis for the disclosure in this news release. Mr. Henderson is not independent of the Company as he is an officer and shareholder.
The work programs at Calera and Corrales were designed and supervised by Keith J. Henderson, Vice President, Exploration of Cardero, who is responsible for all aspects of the work, including the quality control/quality assurance program. On-site personnel at the project rigorously log, tag and track each individual sample, which is then security sealed and shipped to ACME Laboratories preparation facilities in Mexico for sample preparation and then to ACME Laboratories in Vancouver, B.C. for assay. ACME's quality system complies with the requirements for the International Standards ISO 9001:2000 and ISO 17025: 1999. Analytical accuracy and precision are monitored by the analysis of reagent blanks, reference material and replicate samples. Quality control is further assured by the use of international and in-house standards. Blind certified reference material is inserted at regular intervals into the sample sequence by Cardero personnel in order to independently assess analytical accuracy. Finally, representative blind duplicate samples are forwarded to ACME and an ISO compliant third party laboratory for additional quality control.
About Cardero Resource Corp.
Cardero's focus through 2008 will be to realise the considerable value it believes is locked in the Company's significant iron ore assets, while continuing to progress its base and precious metal exploration projects in Argentina and Mexico. The common shares of the Company are currently listed on the Toronto Stock Exchange (symbol CDU), the American Stock Exchange (symbol CDY) and the Frankfurt Stock Exchange (symbol CR5). For further details on the Company readers are referred to the Company's web site (www.cardero.com), Canadian regulatory filings on SEDAR at www.sedar.com and United States regulatory filings on EDGAR at www.sec.gov.
On Behalf of the Board of Directors of CARDERO RESOURCE CORP.
Hendrik van Alphen, President
Cardero Options Three Mexican Silver-Lead-Zinc Projects to Ethos Capital Corp.
VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 20, 2008) - Cardero Resource Corp. ("Cardero" or the "Company") (TSX:CDU)(AMEX:CDY)(FRANKFURT:CR5) is pleased to announce that, as part of the Company's strategy to focus on its pre-eminent Pampa De Pongo and Pampa el Toro Iron Ore deposits in the Marcona District of Peru, it has signed a letter of intent dated June 12, 2008 ("LOI") with Ethos Capital Corp., a Capital Pool Company listed on the TSX Venture Exchange ("Ethos"), pursuant to which Ethos has been granted an option to earn an interest in the Company's Santa Teresa, Calera and Coralles Silver-Lead-Zinc projects in Mexico. The Company understands that this transaction is intended to constitute the qualifying transaction for Ethos.
Pursuant to the LOI, Ethos may earn a 70% interest in each of the properties by making cash payments of $750,000, and issuing an aggregate of two million common shares of Ethos, to Cardero over a three-year period.
Santa Teresa Project
To view the map accompanying this release please click the following URL: http://media3.marketwire.com/docs/CARDERO%20MAP.pdf
The Santa Teresa property, which consists of 8,140 hectares of exploration concessions (plus an additional 153 hectares of exploration concessions applied for) held 100% by the Company, is located approximately 120 kilometres north-northwest of the city of Saltillo, capital of the state of Coahuila, Mexico. The property has seen extensive mining activity, as more than 40 sets of historical workings are found along one or more mineralized horizons over a strike length of approximately 10 kilometres. The workings are thought to date from at least the 1930's and there is no evidence of any modern exploration or drilling.
Zinc-lead-copper-silver mineralization occurs (primarily as oxides) in replacements of favourable horizons as well as multiple, parallel, shear zones (up to 10 metres wide). The property hosts Carbonate Replacement Deposit (CRD) type mineralization as well as sedimentary copper (Kupfersciefer-type) mineralization. Six characterization rock samples (taken by a third party in 2003) returned results ranging between 18.2 g/t to 213 g/t silver, 0.37% to 49.1% copper (from selective chalcocite-rich samples), 0.37% to 6.69% lead, and 0.33% to 11.45% zinc.
Ethos has advised that it intends to complete an initial exploration program of trenching, sampling, geological mapping and geophysics in order to prioritize targets for drilling.
Calera Project
The Calera project is located in the state of Chihuahua, Mexico, 160 kilometres west of Chihuahua City, and consists of 425 hectares of exploration concessions held by the Company under option from third parties plus an additional 9,700 hectares of exploration concessions held 100% by the Company. The property was first discovered in 1652, and was the first producer of zinc in Mexico following the discovery of the outcropping La Prieta chimney and associated manto system at the property.
The option agreements with third parties require the following payments in order for the Company to acquire a 100% interest:
- 270 hectares - aggregate payments of USD 785,000 over 5 years to June 3, 2013 (USD 50,000 paid to date)
- 130 hectares - aggregate payments of USD 1,350,000 over 3 years to May 9, 2011 (USD 75,000 paid to date)
- 25 hectares - aggregate payments of USD 1,310,000 over 5 years to June 3, 2013 (USD 7,000 paid to date)
Calera is a classic productive CRD system project associated with dioritic dikes. It lies within an established belt of CRD's on the Western edge of the Chihuahua Trough, coincident with the Mojave-Sonora Megashear - a fundamental crustal break. The main ore body, the La Prieta Chimney (which is essentially mined out), outcrops over 40 x 50 metre area at surface and extends for 260 metres along strike (210 metres vertical depth). The chimney contains massive sphalerite, galena (with silver) and trace chalcopyrite. The extent of surface alteration and geochemical anomalism is comparable to that surrounding other significant CRD deposits in the belt. The property has not seen any modern exploration drilling and, with such a demonstrably extensive alteration system, the potential for further discoveries is considerable. Several targets are essentially drill-ready.
As part of Cardero's detailed mapping program, four characterization samples of massive sulphide were collected from within remnants of massive sulfide ore pockets inside the La Prieta Chimney. The mean grade of the four samples was 29.1% zinc, 8.86% lead and 5.08 oz/t silver. An additional 20 samples were taken over part of the extensive area of alteration (70 x 350 metres). The mean grades in these un-mineralized rocks were 0.25% zinc, 0.09% lead and 13 g/t silver. Considering that CRD-style mineralization does not typically support broad alteration haloes, these values are considered extremely anomalous.
Calera's historical reported production was in excess of 650,000 tons, with reported grades of 50-100 g/t silver, 5-7% lead and 10-25% zinc. Concentrates reportedly graded 2 kg/t silver, 75% lead and 55% zinc. Most recently, the deposit was mined between 1967 and 1983 using a small (60 tons/day) metallurgical plant. Mining ceased once the depth extents of La Prieta had been exhausted and no other exploration was undertaken from surface or underground.
Ethos has advised that it is planning a first phase program of mapping, geochemistry and geophysics with the aim of optimizing drill targets.
Coralles Project
The Coralles project is located in the south of Chihuahua state, 60 kilometres east from Parral, 28 kilometres south-southwest from the city of Jimenez and 110 kilometres south-southeast of the Naica mine of Compania Maple, S.A. de C.V. (a subsidiary of Industrias Penoles S.A. de C.V.). The property consists of 100 hectares of exploration concessions held under option from third parties plus an additional 8,400 hectares of exploration concessions held 100% by the Company. Corrales is an early stage CRD exploration target with significant mineralization exposed at surface. The property has been exploited on a small scale by informal miners, exposing mineralization in shallow surface pits. The property has not seen any modern exploration of any kind.
The option agreement with the third parties requires payments aggregating USD 657,000 (USD 42,000 paid to date) over 5 years to October 23, 2012 in order for the Company to acquire a 100% interest.
The property is comprised of interbedded limestones and dolostones of the Aurora Formation, which are intruded by felsic dikes. Surface mineralization is spatially related to brown manganiferous calcite veining and to quartz veinlets. Mineralization consists of galena, zinc-oxides and copper oxides. The mapped alteration and mineralized zone measures 100-300 metres wide by 1,100 metres in length.
Cardero's exploration to date has included 203 soil samples (100 x 50 metre sample grid) and 60 rock chip samples. Multi-element soil anomalies (zinc, lead, silver, copper and manganese) demonstrate excellent coincidence with the mapped alteration. Seven rock samples of in-situ mineralization returned a mean grade of 5.77% zinc, 2.44% lead and 104 g/t (3.4 oz/t) silver. A further 3 samples, collected from waste dump material, averaged 6.60% zinc, 3.68% lead and 216 g/t (6.95 oz/t) silver.
Ethos has advised that it intends to complete an initial program of mapping, sampling and geophysics to define targets for drilling.
Terms of the Agreement
Pursuant to the LOI, Ethos has an exclusive option to earn an undivided seventy (70%) percent interest in the Calera, Corrales and Santa Teresa properties by:
(a) Paying to Cardero the sum of $750,000, as follows:
(i) $250,000 by the day (the "Acceptance Date") which is five (5) days after the Letter of Intent is accepted for filing by the Exchange;
(ii) an additional $250,000 by the day which is one (1) year after the Acceptance Date;
(iii) an additional $250,000 by the day which is two (2) years after the Acceptance Date;
(b) Delivering to Cardero 2.0 million Ethos common shares, as follows:
(i) 400,000 shares by the day which is one (1) year after the Acceptance Date;
(ii) an additional 700,000 shares by the day which is two (2) years after the Acceptance Date; and
(iii) an additional 900,000 shares by the day which is three (3) years after the Acceptance Date; and
(c) Maintaining the properties (including making all required payments pursuant to the underlying option agreements) in good standing during the option period.
Following the exercise of the option by Ethos, the Mexican subsidiaries of Ethos and Cardero will enter into a joint venture, with each party being responsible for its ongoing share of further expenditures. If the interest of a participant is diluted to 10% or less, the interest of that participant will be converted to a 10% net profits interest royalty.
The option to Ethos is subject to the acceptance for filing of the LOI by the TSX Venture Exchange on behalf of Ethos, including fulfillment of the requirements for the completion of a qualifying transaction by Ethos under applicable TSXV policies.
Qualified Person
EurGeol Mr. Keith J. Henderson, Cardero's Vice President-Exploration and a qualified person as defined by National Instrument 43-101, has supervised the preparation of the scientific and technical information that forms the basis for the disclosure in this news release. Mr. Henderson is not independent of the Company as he is an officer and shareholder.
The work programs at Calera and Corrales were designed and supervised by Keith J. Henderson, Vice President, Exploration of Cardero, who is responsible for all aspects of the work, including the quality control/quality assurance program. On-site personnel at the project rigorously log, tag and track each individual sample, which is then security sealed and shipped to ACME Laboratories preparation facilities in Mexico for sample preparation and then to ACME Laboratories in Vancouver, B.C. for assay. ACME's quality system complies with the requirements for the International Standards ISO 9001:2000 and ISO 17025: 1999. Analytical accuracy and precision are monitored by the analysis of reagent blanks, reference material and replicate samples. Quality control is further assured by the use of international and in-house standards. Blind certified reference material is inserted at regular intervals into the sample sequence by Cardero personnel in order to independently assess analytical accuracy. Finally, representative blind duplicate samples are forwarded to ACME and an ISO compliant third party laboratory for additional quality control.
About Cardero Resource Corp.
Cardero's focus through 2008 will be to realise the considerable value it believes is locked in the Company's significant iron ore assets, while continuing to progress its base and precious metal exploration projects in Argentina and Mexico. The common shares of the Company are currently listed on the Toronto Stock Exchange (symbol CDU), the American Stock Exchange (symbol CDY) and the Frankfurt Stock Exchange (symbol CR5). For further details on the Company readers are referred to the Company's web site (www.cardero.com), Canadian regulatory filings on SEDAR at www.sedar.com and United States regulatory filings on EDGAR at www.sec.gov.
On Behalf of the Board of Directors of CARDERO RESOURCE CORP.
Hendrik van Alphen, President
:D da gehts wohl Montag nahtlos weiter.....Cloudbreak applies for potash claims in Alberta
2008-06-20 16:38 ET - News Release
Mr. Blair Naughty reports
CLOUDBREAK RESOURCES LTD.: APPLICATION UNDERWAY FOR 774,282 ACRES OF POTASH CLAIMS ALBERTA
Cloudbreak Resources Ltd. has applied for a number of metallic mineral permits from the Department of Alberta Energy, mineral development division, in Edmonton, Alta., in the Vermillion area on the Saskatchewan-Alberta border, which include the rights to subsurface potash, totalling 774,282 acres.
According to an overview of work conducted by Royal American Petroleums Ltd. in 1966 filed with the Alberta Geological Survey in mineral assessment report No. 19660009, "The geological strata and basinal effects in the Vermilion area are closely related to the potash-rich areas of Esterhazy, Saskatoon and Unity."
The study of this portion of Alberta showed the presence of a substantial quantity of carnallite and possible sylvite in the Vermillion area in the east-central Plains of Alberta. Literature made available from the Alberta Conservation Board corroborates this potash occurrence in Alberta.
- Status
