Rohstoffthread (Archiv)

[dukezero]

Bei Cardero sind die Warrants ausgelaufen. In 10 Tagen laufen die Optionen zu 1,95 aus!

 

[dukezero]

dukezero schrieb am 23.07.2008, 10:20 Uhr[/url]"]Bei Cardero sind die Warrants ausgelaufen. In 10 Tagen laufen die Optionen zu 1,95 aus!

Es wurde keiner zu 2,11 Cad eingelöst!

 

[Fischlaender]

Underworld Exploration

sehr eng

Symbol: TSX.V - UW
Shares Outstanding: 13,797,005
Fully Diluted: 15,521,805


aber prima finanziert

Working Capital: $3,080,000 As Of February 14th, 2008

leider nicht in D handelbar, wird heute mind. 50% machen, Chance auf weiteren Lauf, an TSX-V auf der WL

Jul 23, 2008 05:00 ET

Underworld Makes New Yukon Gold Discovery: 9.4 g/t Au Over 5.7 Meters and 4.6 g/t Au Over 16.6 Meters

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 23, 2008) - Underworld Resources Inc. (TSX VENTURE:UW) is pleased to announce initial assay results from 100% owned White Gold and Black Fox Gold Projects, in the Yukon Territory, Canada. The diamond drill program is still underway and additional assay results are expected shortly.

Drill hole WD-004 intersected 4.03 g/t Au over 19.58 meters, from 12.99 meters, including 9.43 g/t Au over 5.76 meters. Drill hole WD-005 intersected 4.58 g/t Au over 16.61 meters, from 14.74 meters, including 11.62 g/t Au over 5.13 meters and including 19.14 g/t Au over 2.65 meters. These initial discovery holes at the Golden Saddle Prospect encountered a shallow dipping quartz breccia vein associated with a thrust fault. The assays are from priority samples of quartz breccia containing visible gold from the upper part of each hole. Both holes were drilled from the same set up with WD-004 at minus 45 degrees and WD-005 at minus 65 degrees. These holes for which partial results are available plus holes WD-009 and WD-010 have all been drilled to test a soil geochemistry anomaly which identified the Golden Saddle target and is characterized by gold in soil values exceeding 80 ppb over a strike length of 2.2 kilometres.

Holes WD08-04 and 05 at Golden Saddle were located to evaluate a trench sampled in 2007 that returned a 38 m wide zone of mineralization averaging 1.12 g/t Au, including 4.7 g/t over 5 m and a minimum grade of 0.1 g/t over 0.3 m. The near surface zone of breccia with strong silica - albite alteration and oxidized, disseminated pyrite was prioritized for sampling and assaying and returned the gold grades reported above. In Hole WD-004 the zone of breccia, alteration and mineralization extends to a depth of 50 m, albeit less strongly developed than the interval reported above which is to a depth of 32.57 meters. The distribution of this mineralization was interpreted as a shallow north dipping zone. WD-009 is a 60 m step out down-dip from holes WD-004 and 5, and intersected similar but unoxidized brecciated, quartz pyrite stockwork within altered gneiss from 68-82 m. Hole WD-010 is a further step out 60 m further north of WD-009 but was abandoned at 122 meters due to drilling problems. This shallow dipping breccia vein associated with a thrust fault bears similarities to Teck Cominco/Sumitomo's Pogo Mine in Alaska, also located within the Tintina Gold Belt.

Plans with drill hole locations and a cross section can be viewed at www.underworldresources.com.

Additionally, holes WD-001 to 3 were completed at Ryan Showing to test the quartz veins which had returned encouraging gold grades from sampling during the summer program in 2007 (see UW 2008 - NR#4). Hole WD-006 was drilled to test an IP geophysical target, and WD-007 and 8 were drilled at Trench C, all testing disseminated sulphide mineralization within an extensive multielement soil anomaly at the Quartz-Thrust zone. Assays are pending for all additional drill holes. The Ryan, Golden Saddle, and Quartz-Thrust anomalies are located over one kilometer apart, within a broad soil anomaly that extends for over 6,000 meters.

The White Gold and Black Fox properties comprise an aggregate 11,850 acres and are located 95 kilometres south of Dawson City in Yukon Territory. Underworld has an option to earn a 100% interest in the Projects (see UW 2007 NR#3, May 16, 2007). Maps with the 2007 results are available at www.underworldresources.com.

Quality Assurance

 

[dukezero]

 

[dukezero]

Exploration

Unter Exploration oder Aufsuchung versteht man die Suche nach neuen Rohstofflagerstätten oder die Entwicklung bereits bekannter Lagerstätten zur Produktionsreife. Beide Alternativen weisen ein sehr unterschiedliches Risikoprofil auf.

Es ist daher hilfreich, sich die verschiedenen Stadien von Explorationsvorhaben vor Augen zu führen, die zugleich den "Lebenslauf" einer erfolgreichen Exploration charakterisieren:

1. Frühphasen-Exploration (early stage oder grassroots exploration)
In dieser Phase werden nach Erhalt entsprechender Genehmigungen auf Basis geologischer Hypothesen oder historischer Daten erste Untersuchungen durchgeführt. Ziel ist, Indizien für das Vorliegen einer Mineralisierung zu finden, etwa durch die Entnahme und Analyse von Oberflächenproben. Auch seismische oder magnetische Untersuchungen sind gebräuchlich.

2. Lagerstätten-Identifizierung (resource identification)
Im Falle einer viel versprechenden Frühphasen-Untersuchung steht die Phase der Probebohrungen an. Erst das Bohren bringt an den Tag, in welcher Ausdehnung erzhaltiges Gestein vorliegt und wie hoch der durchschnittliche Metallgehalt tatsächlich ist.

3. Lagerstätten-Definition (resource definition)
Waren die Probebohrungen erfolgreich, ist es zur Ermittlung der tatsächlichen Ausdehnung und Konsistenz einer Lagerstätte erforderlich, Flächenbohrungen mit mehr oder weniger kleinen Abständen zwischen den Bohrlöchern durchzuführen.

4. Vorstudien (pre-feasability study)
Neben der reinen Mineralisierung des Gesteins muss untersucht werden, ob und wie das Metall aus dem Erz lösbar ist, ob die Lage der erzhaltigen Gesteinsgänge eine wirtschaftliche Förderung überhaupt ermöglicht, ob im Tagebau oder im Untertagebau abgebaut werden kann und dergleichen mehr. Häufig beginnen solche Untersuchungen bereits während der Flächenbohrungen (Phase 3).

5. Machbarkeitsstudie (feasability study)
Sind alle Parameter zusammengetragen und Erfolg versprechend, wird ein unabhängiger Gutachter mit der Erstellung einer Machbarkeitsstudie beauftragt, die klären soll, ob aus der Lagerstätte tatsächlich eine Mine werden kann. Hierzu werden vor allem die möglichen Kosten und Erlöse betrachtet und geprüft, welche der in Phase 3 nachgewiesenen Ressourcen im Rahmen einer Mine wirtschaftlich abgebaut, also zu „Reserven“ werden können. Schließlich wird prognostiziert, welche Lebensdauer der Mine zu erwarten ist.

6. Konstruktion (development)
Fällt aufgrund der Machbarkeitsstudie eine positive Produktionsentscheidung, beginnt der Aufbau der Mine. Neben dem Aufbau von Gebäuden und der Beschaffung von Fahrzeugen müssen große Gerätschaften wie z.B. Gesteinsmühlen und Flotationstanks beschafft und die Lagerstätte an die Energieversorgung angeschlossen werden. Dies ist ein aufwändiger und meist 2-3 Jahre dauernder Prozess. Parallel dazu ist die Einholung einer Abbaugenehmigung erforderlich, häufig verbunden mit der Erstellung eines Umweltgutachtens.

7. Produktion (production)
Nach erfolgter Konstruktion und Genehmigungserteilung kann die Produktion beginnen. Da sich die Prozesse erst einspielen müssen, erreicht die Produktion erst nach 2-3 Jahren das mögliche Maximum, um gegen Ende der Lebensdauer wieder abzusinken. Ist die Mine erschöpft, werden die Anlagen abgebaut und die Lagerstätte rekultiviert.

 

[Fischlaender]

Jul 23, 2008 08:30 ET

Bluerock Advances Uranium Mining Projects and Adds New US Subsidiary President and Chief Geologist

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 23, 2008) - Bluerock Resources Ltd. ("Bluerock" or the "Company") (TSX VENTURE:BRD) is providing an update on uranium development and production by its US subsidiary, Bluerock Energy Corp. in both the Uravan and Lisbon Valley districts.

The past month has seen Bluerock Energy Corp.:

- Continue to advance production at the J-Bird Uranium Mine

- Progress mine development at the Cone Mountain Uranium Mine site

- Submit permit applications to process the Patty Ann surface stockpile

- Submit bulk sample and exploration drill permits at the Sunbeam Mine

As work focuses in on US operations, Bluerock Resources Ltd. has also:

- Initiated the sale of its Mongolian assets

- Vended noncore base metals projects in British Columbia

Operation Update

At the J-Bird Uranium Mine, Bluerock continues to ship uranium ore(i) to the White Mesa Mill. The Company is expecting ore production to increase once the development of the "#2 mineralized zone" commences in August 2008. Meanwhile, construction of a second development drift, complete with underground drill stations, is progressing as planned.

At the Cone Mountain Uranium Mine, the Company has deployed a Jumbo drill that is capable of 20 feet (6 meters) of advance per shift. The new portal has been framed and stabilized, and development work on the decline is progressing with the first uranium mineralized block, as defined by Atlas Minerals Corp., scheduled to be intersected in early September, 2008. The Company will be submitting the Mine Plan of Operation to the State of Colorado and the Bureau of Land Management (BLM) authorities this week.

Permits applications have been submitted to the BLM for their approval to begin processing of the of the Patty Ann surface stockpile. The Company has an LOI with Uranium One in respect of the Patty Ann surface stockpile. A reply from the BLM is expected within 30 days as to acceptance or additional requirements for the start of operations. The Patty Ann is an historic uranium stockpile which is expected to be amenable to near term development and the shipping of ore(i) to the White Mesa Mill.

At the Sunbeam Uranium Mine, bulk sample and Phase II drilling permit applications have been submitted to the BLM and state regulators. The bulk sample program will allow the Company to reopen the Sunbeam Uranium Mine, assess underground conditions and move towards a production decision. Two mineralized zones were identified in the initial round of the Bluerock 2008 exploration drilling program and these targets will be followed up with the testing of a third, "historical drillout" later this year.

Sale of Non-Core Assets

To focus resources on the Company's core Colorado operations, Bluerock entered into an agreement to sell its Mongolian assets to Jindal Energy and Steel for USD $1.3 million in June 2008. This transaction is expected to close in August 2008.

Also, exploration projects in the Orange Cliff and San Rafael Swell Districts of Utah have been reassessed and deemed non-core assets within the Company's focus of defining and developing near term uranium production. With this in mind, the PSC, Herbie, On-Strike, Hidden Splendor, Ed/Sinbad, Big Fish and Little Fish projects have all been returned to the option partners.

The 100% owned Mount Washington Claims and the 50% owned Betty Claims in British Columbia were also deemed to be non-core assets and have been sold to a related party. The Company received 75,000 BRD treasury shares for the transaction.

New Management Appointments

Bluerock is also pleased to announce the appointment of both Hal Richins and Allan Founie to the company's subsidiary, Bluerock Energy Corp.

Hal Richins will become President and COO. Mr Richins graduated as a Mining Engineer in 1979 and with an MBA in 1984. He comes to Bluerock from ASARCO LLC where he held the position of Director of Mine Planning. Mr. Richins brings strong mining organization and development experience that will be critical as Bluerock works to grow its active mining operation from one uranium mine to four. Stephen Glass has moved to CEO of Bluerock Energy Corp., where he will be responsible for strategic corporate planning.

Allan Founie joins Bluerock Energy Corp. as Senior Geologist where he will be responsible for all mine-site and exploration geology. Mr. Founie had previously worked as a uranium geologist in the US and Paraguay with WildHorse Energy Ltd and brings strong operational management skills to the Company.

"With the start of Uranium ore shipments from Bluerock's J-Bird Uranium Mine, the Company is building a team that is clearly focused on developing and expanding our Uravan and Lisbon Valley uranium mining projects. The additions of two highly regarded and respected individuals in Hal and Allan will complement Bluerock's development team and we very much look forward to working with these two experienced individuals," said Bluerock President & CEO Michael Collins. "These recent steps will ensure that the Company's full focus is on uranium mining and production in support of the toll milling agreement with Denison Mines (USA)."

(i) Ore, as stated in this news release, is defined as material that can be mined and shipped to the White Mesa Uranium Mill under the Company's 'ore purchase' agreement and/or toll milling agreement with the mill owner and operator, Denison Mines (USA).

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

 

[Fischlaender]

netter Wert fuer Spruenge und guenstig, in D (mal wieder) Schrott-Taxen!

Fjordland TSX-V:FEX

End of Day Data Last Updated: 22 Jul 2008
Rolling 52 Week High 0.420
Rolling 52 Week Low 0.140
Total Number of Shares 58,302,270
Shares in Escrow 0
Net Shares Outstanding 58,302,270
Float Quoted Market Value 8,162,318

Jul 23, 2008 07:15 ET

Fjordland Exploration Inc.: Second Drill Rig Added to Woodjam Copper-Gold-Molybdenum Project

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 23, 2008) - Fjordland Exploration Inc. (TSX VENTURE:FEX) and Cariboo Rose Resources Ltd. (TSX VENTURE:CRB) report that a second drill rig has been mobilized to their Woodjam project, located in the road accessible Cariboo region of central British Columbia. Cyr Drilling is expected to arrive on the property later in the week and will continue to drill test the Southeast Zone, with 2000 to 2500 meters planned. The existing drill on site will move to reconnaissance drilling on the Takom and Deerhorn zones.

During the spring of 2008, four drill holes totalling 2,206 meters were completed on the Southeast Zone during Phase 1 drilling. These holes focused on grid drilling an area 200 meters by 200 meters, within a 1.5 km-long induced polarization chargeability anomaly. All seven holes drilled to date in the Southeast Zone have intersected porphyry-style mineralization from the bedrock surface to the bottoms of the holes. Two of these holes (07-72, 07-73) lie 700 meters to the southwest and 250 meters to the south, respectively, from the detailed drilling area. The holes were stopped either because of the drill rig capability or due to bad ground conditions. The last hole of this Phase 1 program (WJ08-83) assayed 0.44% copper, 0.006% molybdenum and 0.079 grams per tonne gold over 402 meters, including 0.80% copper, 0.003% molybdenum and 0.123 grams per tonne gold over 71.93 meters.

In late June, 2008 a Phase 2 drilling program commenced on the Southeast Zone (see News Release dated June 26, 2008), and hole 08-84, a 100-meter step-out to the southwest of hole 08-83, is nearing completion. Upon completion of this hole, this drill rig will move on to test selected induced polarization chargeability anomalies over copper - gold targets in the Takom (1 hole) and Deerhorn (2 holes) anomalies, located west and north of the Southeast Zone, respectively. The Takom hole will be located approximately 90 meters north of hole WJ07-77 which assayed 0.3% copper and 0.31 grams per tonne gold over 39 meters. The two Deerhorn holes will test a previously undrilled area, east-northeast of the Megabuck copper-gold zone, where a potentially significant amount of copper-gold mineralization has been outlined.

With mineralization observed in hole 08-84 similar in character to that in 08-83, the companies are very encouraged about the potential to significantly expand the size of the Southeast Zone. Drilling on this zone is expected to continue until September.

Core samples will be submitted to Acme Analytical Laboratories, a certified facility in Vancouver, BC. Bruce Laird, P. Geo., of Mincord Exploration Consultants Ltd. is supervising the 2008 drilling program and sampling protocol. Tom Schroeter, P.Eng./P. Geo., who is a qualified person within the context of National Instrument 43-101, has read and takes responsibility for this news release.

About Fjordland Exploration Inc.

 

[dukezero]

ITH Intersects Additional Bulk-Tonnage-Grade Gold Intercepts at Livengood Deposit, Alaska
INTERNAT TOWER HILL MINE ITH
7/23/2008 9:00:44 AM
MK-RC-023 returns multiple gold horizons including 58 metres at 2.51 g/t gold

VANCOUVER, BRITISH COLUMBIA, Jul 23, 2008 (Marketwire via COMTEX News Network) --

International Tower Hill Mines Ltd. ("ITH" or the "Company") - (TSX VENTURE:ITH)(AMEX:THM)(FRANKFURT:IW9) is pleased to announce the latest drill results from the ongoing 2008 resource expansion program at its Livengood gold project in Alaska. The Company has received results from two trenches and an additional 14 holes of the 48 holes drilled to date - part of this year's 150-hole, 45,000-metre program (Figure 1). Notable intersections were returned from hole MK-RC-011, with 140 metres of 1.0 g/t gold (including 4.6 metres of 5.9 g/t gold), and hole MK-RC-023, which intersected multiple horizons of gold mineralization -including 67 metres of 0.95 g/t gold and 57.9 metres of 2.5 g/t gold. Both holes are from the south eastern extension of the Lillian core zone (Table 1) and highlight the significant resource expansion potential of the project.

These latest results continue to expand the northwest-trending higher-grade core zone of the Livengood deposit, which remains open in all directions. The higher grade core zone, as currently defined, has an average width of approximately 300 metres and has been intersected for some 500 metres of strike length with holes in higher grade mineralization at either end. The Company is currently focusing on expanding the zone with step out drilling to the northwest and southeast, as well as evaluating the potential for additional higher-grade zones to the east.

Step out drilling to the west and east of the high grade core, along the overall east-west mineralized belt, continues to return very encouraging results, such as MK-RC-0006 (collared on the east) which returned 178 metres of 0.71 g/t gold, and hole MK-RC-013 (collared on the west) which returned 88 metres at 1.07 g/t gold (Figure 1 and Table 2).

The two reverse circulation drills and one diamond drill are currently operating at the Livengood project. The Company intends to make regular monthly updates of the drilling results and plans to prepare an updated NI 43-101 resource estimate midway through the 2008 program (anticipated to be released in mid-October).



Table 1
New Drill Result Highlights, Livengood Project, Alaska

From To Length Gold
Hole ID (metres) (metres) (metres) (g/t)
------------------------------------------------------
------------------------------------------------------
MK-RC-0006 15.24 35.03 19.81 0.98
------------------------------------------------------
214.88 259.08 44.20 0.67
------------------------------------
289.56 315.47 25.91 0.62
------------------------------------
330.71 350.52 19.81 0.81
------------------------------------------------------
MK-RC-0009 62.48 100.58 38.10 0.58
------------------------------------------------------
109.73 128.02 18.29 0.72
------------------------------------
170.69 193.55 22.86 0.54
------------------------------------------------------
MK-RC-0010 146.30 172.21 25.91 0.78
------------------------------------------------------
MK-RC-0011 7.62 36.58 28.96 0.44
------------------------------------------------------
65.53 205.74 140.21 1.00
------------------------------------
includes 114.30 118.87 4.57 5.92
------------------------------------------------------
MK-RC-0012 99.06 126.49 27.43 0.79
------------------------------------------------------
138.68 274.32 135.64 0.56
------------------------------------------------------
MK-RC-0013 115.82 123.44 7.62 4.49
------------------------------------------------------
includes 118.87 121.92 3.05 10.59
------------------------------------
131.06 195.07 64.01 0.74
------------------------------------------------------
MK-RC-0014 181.36 185.93 4.57 0.71
------------------------------------------------------
MK-RC-0015 no significant results
MK-RC-0016 no significant results
------------------------------------------------------
MK-RC-0017 60.96 67.06 6.10 1.01
------------------------------------------------------
102.11 155.45 53.34 0.73
------------------------------------------------------
MK-RC-0018 71.63 82.30 10.67 0.45
------------------------------------------------------
111.25 118.87 7.62 0.98
------------------------------------
137.16 146.30 9.14 0.88
------------------------------------------------------
MK-RC-0020 0.00 24.38 24.38 0.53
------------------------------------
76.20 91.44 15.24 0.72
------------------------------------------------------
140.21 172.21 32.00 0.62
------------------------------------------------------
MK-RC-0021 4.57 24.38 19.81 0.60
------------------------------------------------------
118.87 129.54 10.67 0.65
------------------------------------
146.30 156.97 10.67 0.88
------------------------------------------------------
MK-RC-0023 74.68 89.92 15.24 1.18
------------------------------------------------------
includes 76.20 79.25 3.05 4.17
------------------------------------
114.30 181.36 67.06 0.95
------------------------------------
196.60 254.51 57.91 2.51
------------------------------------
includes 230.12 236.22 6.10 17.64
------------------------------------
Lillian Structure Trench Results
------------------------------------------------------
MK-08-TR01 0.00 16.61 16.61 0.64
------------------------------------------------------
MK-08-TR02 0.00 18.29 18.29 0.90
------------------------------------------------------
Significant intercepts calculated using 0.25 g/t gold
cut-off.


Table 2
New Drill Hole Data Mineralization Summary, Livengood Project, Alaska

Length Average Grade
Total Length Mineralized Mineralized % of Hole
Hole ID (metres) (metres)(i) Section Gold (g/t) Mineralized
---------------------------------------------------------------------------
---------------------------------------------------------------------------
MK-RC-0006 353.57 178.32 0.71 50%
---------------------------------------------------------------------------
MK-RC-0009 246.89 135.63 0.58 55%
---------------------------------------------------------------------------
MK-RC-0010 240.79 57.92 0.73 24%
---------------------------------------------------------------------------
MK-RC-0011 225.55 184.41 0.91 82%
---------------------------------------------------------------------------
MK-RC-0012 307.85 188.98 0.60 61%
---------------------------------------------------------------------------
MK-RC-0013 225.55 88.39 1.07 39%
---------------------------------------------------------------------------
MK-RC-0014 217.93 15.25 0.46 7%
---------------------------------------------------------------------------
MK-RC-0015 195.07 30.48 0.39 16%
---------------------------------------------------------------------------
MK-RC-0016 134.11 0.00 0.00 0%
---------------------------------------------------------------------------
MK-RC-0017 297.18 123.45 0.61 42%
---------------------------------------------------------------------------
MK-RC-0018 252.98 80.77 0.57 32%
---------------------------------------------------------------------------
MK-RC-0020 213.36 97.51 0.56 46%
---------------------------------------------------------------------------
MK-RC-0021 213.36 62.48 0.59 29%
---------------------------------------------------------------------------
MK-RC-0023 288.04 170.68 1.44 59%
---------------------------------------------------------------------------
(i) Criteria - intervals calculated at a 0.25 g/t gold cutoff and can
include up to 3 metres of internal waste. All intervals are summed for the
hole to create an average grade and total thickness for all intervals above
cutoff.


To view Figure 1 Livengood drill hole plan map please click on the following link: http://media3.marketwire.com/docs/ith0722.pdf

Holes MK-RC 0014, 15 & 16 were drilled in the southwest corner of the target area and indicate that the deposit is restricted in this area as the more favourable host rocks have been structurally removed.

Qualified Person

Jeffrey A. Pontius (CPG 11044), 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 this news release and has approved the disclosure herein. Mr. Pontius is the President and CEO of ITH.

The work program at Livengood was designed and is supervised by Dr. Russell Myers, Vice President, Exploration of ITH, and Chris Puchner, Chief Geologist (CPG 07048), who are responsible for all aspects of the work, including the quality control/quality assurance program. On-site personnel at the project photograph the core from each individual borehole prior to preparing the split core. Duplicate reverse circulation drill samples are collected with one split sent for analysis. Representative chips are retained for geological logging. All sample shipments are sealed and shipped to ALS Chemex in Fairbanks Alaska for preparation and on to Vancouver, B.C. for assay. ALS Chemex'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. Finally, representative blind duplicate samples are forwarded to ALS Chemex and an ISO compliant third party laboratory for additional quality control.

About International Tower Hill Mines Ltd.

International Tower Hill Mines Ltd. is a resource exploration company, focused in Alaska and Nevada, which controls a number of exploration projects representing a spectrum of early stage to advanced gold and base metal discoveries. ITH is committed to building shareholder value through new discoveries while maintaining a majority interest in its holdings, thereby giving its shareholders the maximum value for their investment.

On behalf of INTERNATIONAL TOWER HILL MINES LTD.

Jeffrey A. Pontius, President and Chief Executive Officer

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act and Section 27E of the Exchange Act. Such statements include, without limitation, statements regarding the anticipated content, commencement and cost of exploration programs, anticipated exploration program results, the discovery and delineation of mineral deposits/resources/reserves, the anticipated preparation and timing of an updated 43-101 resource estimate at Livengood, the potential for a significant expansion of the estimated Livengood resources, business and financing plans and business trends. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward-looking statements as a result of various factors, including, but not limited to, variations in the nature, quality and quantity of any mineral deposits that may be located, the Company's inability to obtain any necessary permits, consents or authorizations required for its activities, the inability of the Company to obtain assay results in a timely manner due to laboratory workload, the Company's inability to produce minerals from its properties successfully or profitably, to continue its projected growth, to raise the necessary capital or to be fully able to implement its business strategies, including those detailed above, and other risks identified in the Company's most recent Management Discussion and Analysis and Form 20F annual report. All of the Company's Canadian public disclosure filings may be accessed via www.sedar.com and its US disclosure filings at www.sec.gov and readers are urged to review these materials, including the technical reports filed with respect to the Company's mineral properties.

This press release is not, and is not to be construed in any way as, an offer to buy or sell securities in the United States.

NR-08-17

SOURCE: International Tower Hill Mines Ltd.

International Tower Hill Mines Ltd. Quentin Mai Vice-President - Corporate Communications Toll Free: 1-888-770-7488 or (604) 683-6332 (604) 408-7499 (FAX) Email: qmai@internationaltowerhill.com Website: www.ITHmines.com
Copyright (C) 2008 Marketwire. All rights reserved.


http://media3.marketwire.com/docs/ith0722.pdf

 

[dukezero]

Jul 23, 2008 10:48 ET
Moly Mines Limited: Iron Ore at Spinifex Ridge

TORONTO, ONTARIO--(Marketwire - July 23, 2008) -

NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

Moly Mines Limited, (TSX:MOL)(ASX:MOL) is pleased to announce further significant Iron results from the first RC drilling program investigating the iron ore mineralization at the Spinifex Ridge Molybdenum Project.

The 1500 metre program was designed to test two areas of outcropping hematite mineralisation that returned rock chips assaying between 55% and 70% Fe. These outcrops are the first to be tested within the 7 kilometre long iron formation range ("Spinifex Ridge") that traverses the project mining leases.

The new results are from the second of the areas (Fe Area 2 on attached figure), with the highlights including:




---------------------------------------
55 metres @ 64.3% Fe from 0m
---------------------------------------
19 metres @ 61.6% Fe from 3m
---------------------------------------
29 metres @ 58.3% Fe from 0m including
4 metres @ 63.1% Fe from 0m and
11 metres @ 61.2% Fe from 17m
---------------------------------------
18 metres @ 58.3% Fe from 7m including
8 metres @ 61.4% Fe from 11m
---------------------------------------





The program covered an area of 400 x 250m using vertical holes on a drill spacing of 50 x 50m, or 50 x 100m.

In addition to these potentially direct ship ore grades (DSO) outlined above there were also several intervals that assayed between 50 and 60% Fe, including;




----------------------------
14 metres @ 55.6% Fe from 2m
----------------------------
16 metres @ 56.0% Fe from 0m
----------------------------
18 metres @ 54.3% Fe from 0m
----------------------------
7 metres @ 55.0% Fe from 1m
----------------------------





These slightly lower grade intersections form a coherent horizontal blanket up to 20m thick which is typical of laterite enrichment.

These results complement those from the first area of outcropping hematite (Fe Area 1) that were released in June. Those results included;




June Drilling Results


---------------------------------------
72 metres @ 60.7% Fe from 0m including
42 metres @ 66.2% Fe and
9 metres @ 60.2% Fe
---------------------------------------
106 metres @ 52.8% Fe from 0m including
3 metres @ 65.4% Fe and
47 metres @ 65.8% Fe
---------------------------------------





Management is currently reviewing various options regarding the immediate and future potential of these outstanding iron results. The intent is to fast track the delineation of a JORC compliant resource for Fe, in addition to the previously announced JORC / NI 43-101 compliant 652 million tonne measured and indicated molybdenum / copper resource at Spinifex Ridge.

CEO, Dr Derek Fisher, commented that "due to the current intensive focus on the Spinifex Ridge Molybdenum Project and its financing, an option currently under consideration for this non-core asset, is to invite Expressions of Interest from third parties to capitalize on the Iron potential of the tenements."

The outcropping hematite iron mineralisation occurs 500 to 1500 metres to the west of the Spinifex Ridge molybdenum / copper resource and within the granted mining leases (see attached location map). The exploitation of iron ore will be enhanced by the synergies of the nearby molybdenum mine and infrastructure at Spinifex Ridge.

The Spinifex Ridge Project is located 170km east of Australia's largest tonnage port in Port Hedland. Access to the port for Iron Ore exports would be supported by the existing high quality road and transport systems in the area.

The attached table shows the full drill results. To view, please visit the following link: http://media3.marketwire.com/docs/mol723_table.pdf

To view a map of the Location of Iron Ore Mineralization, please visit the following link: http://media3.marketwire.com/docs/mol723_map.pdf

These press materials do not constitute an offer of securities for sale in the United States. Securities may not be offered or sold in the United States absent registration or an exemption from registration. Any public offering of securities to be made in the United States will be made by means of a prospectus that will contain detailed information about the company and management, as well as financial statements.

THESE PRESS MATERIALS ARE NOT FOR RELEASE IN THE UNITED STATES.

This news release includes "forward-looking statements" as that term within the meaning of securities laws of applicable jurisdictions. Forward-looking statements involve known and unknown risks, uncertainties and other factors that are in some cases beyond Moly Mines' control. These forward-looking statements include, but are not limited to, all statements other than statements of historical facts contained in this news release, including, without limitation, those regarding Moly Mines' future expectations. Readers can identify forward-looking statements by terminology such as "aim," "anticipate," "assume," "believe," "continue," "could," "estimate," "expect," "forecast," "intend," "may," "plan," "potential," "predict," "project," "risk," "should," "will" or "would" and other similar expressions. Risks, uncertainties and other factors may cause Moly Mines' actual results, performance, production or achievements to differ materially from those expressed or implied by the forward-looking statements (and from past results, performance or achievements). These factors include the failure to complete and commission the mine facilities, processing plant and related infrastructure in the time frame and within estimated costs currently planned; variations in global demand and price for molybdenum and copper; fluctuations in exchange rates between the U.S. dollar and the Australian dollar; failure to recover the resource and reserve estimates of the Project; the failure of Moly Mines' suppliers and service providers to fulfill their obligations under construction, supply and tolling agreements; unforeseen geological, physical or meteorological conditions, natural disasters or cyclones; changes in the regulatory environment, industrial disputes, labor shortages, political and other factors; the inability to obtain additional financing, if required, on commercially suitable terms; and global and regional economic conditions. Readers are cautioned not to place undue reliance on forward-looking statements. We assume no obligation to update such information.

"The information in this report that relates to Exploration Results is based on information compiled by Dr Derek Fisher who is a Fellow of The Australasian Institute of Mining and Metallurgy. Dr Fisher is Chief Executive Officer of Moly Mines Limited, and has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves' and as a Qualified Person for purposes of National Instrument 43-101 of the Canadian Securities Administrators. Dr Fisher consents to the inclusion in the report of the matters based on his information in the form and context in which it appears."

 

[Fischlaender]

wollte ich gerade einstellen, schoene Ergebnisse

dukezero schrieb am 23.07.2008, 16:50 Uhr[/url]"]Jul 23, 2008 10:48 ET
Moly Mines Limited: Iron Ore at Spinifex Ridge

TORONTO, ONTARIO--(Marketwire - July 23, 2008) -

NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

Moly Mines Limited, (TSX:MOL)(ASX:MOL) is pleased to announce further significant Iron results from the first RC drilling program investigating the iron ore mineralization at the Spinifex Ridge Molybdenum Project.

 

[Fischlaender]

Fischlaender schrieb am 23.07.2008, 17:01 Uhr[/url]"]wollte ich gerade einstellen, schoene Ergebnisse

dukezero schrieb am 23.07.2008, 16:50 Uhr[/url]"]Jul 23, 2008 10:48 ET
Moly Mines Limited: Iron Ore at Spinifex Ridge

TORONTO, ONTARIO--(Marketwire - July 23, 2008) -

NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

Moly Mines Limited, (TSX:MOL)(ASX:MOL) is pleased to announce further significant Iron results from the first RC drilling program investigating the iron ore mineralization at the Spinifex Ridge Molybdenum Project.

 

[dukezero]

Ziemlich Fett! Hier steht wohl im Sept. eine Finanzierung! WL


Michael Vaughan
The Australian Financial Review | 10 Jul 2008 | Page: 20 | Companies and Markets
PhilipFalcone's Harbinger Capital is examining ways of participating in MolyMines' raising of up to $1.4 billion to fund the development of theSpinifex Ridge molybdenum project in Western Australia.
Afterpostponing the raising due to the higher cost of debt, Perth-based MolyMines is now hopeful of finalising the package by September.
Araising in the vicinity of $1 billion in the high-yield bond market islikely to be attempted in September, which implies the company may needto consider securing some bridging finance in the interim to acceleratethe project's development. After the delays experienced so far it islikely to take a big financial shock to derail the financing of the$1.1 billion Spinifex Ridge mine for a second time.
Moly Minesmanaging director Derek Fisher said the project could support up to 70per cent debt and 30 per cent equity. Given the company's share pricehad fallen by 60 per cent from a high of $7.06 almost a year ago, DrFisher said a sale of equity in the project was more attractive thanissuing new shares.
European specialty steel maker ThyssenKrupp isone of a number of groups that have expressed an interest in beinginvolved in the equity component of the raising. The German group hasalso agreed to buy all of the molybdenum produced at Spinifex Ridge.
Investment banks Morgan Stanley, JPMorgan and Azure Capital are advising Moly on the fundraising.
Dr Fisher said there were strong indications of support in North America after a recent roadshow.
Thefinancing package could have a similar structure to Fortescue MetalsGroup's funding of its $2.8 billion Pilbara iron ore project in WA.Fortescue chief executive Andrew Forrest was formerly Moly Mines'chairman and still holds more than 7.5 million options with an exerciseprice of 20¢, worth about $20 million at the current share price. Ifall options were converted, he would rank as Moly Mines' second-largestshareholder.
Mr Forrest introduced Mr Falcone to the investmentand the New York fund manager now ranks as Moly Mines' biggestshareholder with 19.9 per cent.
Harbinger,a New York-based hedge fund, provided Poseidon Nickel, another of MrForrest's current ventures, with $US50 million ($52.4 million) througha convertible note late last month. The fund is also Fortescue'ssecond-largest shareholder with a 15.9 per cent stake worth $4.1billion.
Moly Mines cleared a major environmental approval hurdlefor Spinifex Ridge yesterday and upgraded the ore reserves to 451million tonnes at a grade of 0.05 per cent molybdenum and 0.08 per centcopper. Initially the project will produce 24 million pounds ofmolybdenum and 27.3 million pounds of copper. A further expansion ofabout another 50 per cent is being considered.
The planned mine will be one of the biggest open pits in Australia with a diameter of up to 2 kilometres.
Molybdenum is used to increase the temperature resistance and hardness of steel.
Shares in Moly Mines closed down 20¢ at $2.80.


Aus Stockhouse:


Yes, the market conditions have slowed us down as has the ministers approval of the environmental assesment. Now we have the ministers approval then the company can really pitch this project to secure the rest of the funding. Funding was initially planned to be finished by second quarter but was delayed due to ministers approval of environmental assessment and market conditions. Since then there has been some excellent drill results for iron ore neighboring the Spinifex area, the resource estimate at Spinifex has increased 43% (23 year mine life at 20 million tonnes per year) ministers approval has come in as well as an offtake agreement with TKmet. In essense this is a much easier sell for financing than it was in the spring even though it was very compelling before these developments.
If this project can't get financed then I don't think anything can.

 

[Fischlaender]

bei Int. PBX wenigstens mal ein wenig Insidervertrauen

International PBX Ventures Ltd. (PBX) As of July 22nd, 2008
Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction # or value acquired or disposed of Unit Price
Jul 22/08 Jul 17/08 Kohl, Jens-Peter Wilhelm Direct Ownership Common Shares 10 - Acquisition in the public market 31,000 $0.175
Jul 21/08 Jul 16/08 Kohl, Jens-Peter Wilhelm Direct Ownership Common Shares 10 - Acquisition in the public market 7,000 $0.175
Jul 15/08 Jul 10/08 Kohl, Jens-Peter Wilhelm Direct Ownership Common Shares 10 - Acquisition in the public market 11,000 $0.195
Jul 15/08 Jul 10/08 Kohl, Jens-Peter Wilhelm Direct Ownership Common Shares 10 - Acquisition in the public market 20,500 $0.190
Jul 10/08 Jul 07/08 Kohl, Jens-Peter Wilhelm Direct Ownership Common Shares 10 - Acquisition in the public market 14,000 $0.240
Jul 04/08 Jun 30/08 Kohl, Jens-Peter Wilhelm Direct Ownership Common Shares 10 - Acquisition in the public market 26,000 $0.240

 

[Fischlaender]

gibt ja zugegebenermassen viel Schrottwerte, aber dass auch die Perlen derzeit geradezu VERRAMSCHT werden ist schon tragisch...

u.a. Candente
jetzt an einer wichtigen Unterstuetzungslinie, faellt die 1 CAD Marke, dann gehts runter bis auf 0,75 CAD...

 

[dukezero]

Jul 23, 2008 13:28 ET
Acero-Martin Announces Update on Pinaya Drilling Program

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 23, 2008) - Acero-Martin Exploration Inc. (TSX VENTURE:ASD)(FRANKFURT:AMX) ("Acero-Martin" or the "Company") is pleased to report that it has completed the previously announced phase one of its 2008 diamond drilling program on its 100% owned Pinaya Gold-Copper Project in southern Peru.

A total of 5,588 meters (18,333 feet) was drilled in eleven holes to expand upon the copper-gold deposit outlined by previous drilling and to test a large undrilled geophysical anomaly to the east of the main mineralized body. The drill core samples have been submitted to the lab and the assay results will be reported once all of the results have been received.

The first eight holes, PDH-150 to 158, were all wide 100 to 200 meter step out holes drilled at the North Western Porphyry Zone to increase the projects overall resource base. For hole PDH-159, a deep drilling rig was brought to the site. The hole was drilled at the North Western Porphyry Zone to a depth of 800 meters and bottomed in mineralization. It was the first hole ever drilled to test the depth potential of the deposit beyond 550 meters. The final hole, PDH-160, was drilled at the Los Vientos Zone, a recently discovered target located 1 kilometer to the southeast of the main deposit with a strong geophysical signature and trenching highlights of 2.0 g/t gold over 6.7 meters, including 10.7 g/t gold over 1.2 meters (trench PTR-152).

The core samples were sent to SGS Laboratories in Lima Peru for analysis. The analytical results will be reported on receipt thereof and will be used to guide further exploration in 2008.

About Acero-Martin Exploration Inc.

Acero-Martin Exploration Inc. is a resource company focused on creating shareholder value by exploring for precious and base metals, with the immediate goal of defining a major deposit at its 100 percent controlled Pinaya Project located in Peru. The Pinaya Project has an initial NI 43-101 compliant indicated resource of 29.13M tonnes grading 0.53 g/t Au and 0.42% Cu (498,000 oz Au and 269 million lbs Cu) and an inferred resource of 12.72M tonnes grading 0.41 g/t Au and 0.41% Cu (168,000 oz Au and 115 million lbs Cu). Subsequent to this estimate, Acero-Martin has completed an additional 90 holes bringing the project totals to more than 45,000 meters and 160 holes. Drilling since the release of the initial resource estimate continues to expand and define the deposit.

ON BEHALF OF THE BOARD OF DIRECTORS

Stewart Jackson, PhD, P. Geol., President and CEO

 

[dukezero]

Advanced Explorations Inc. Finalizes Private Placement Terms
ADVANCED EXPLORATIONS INC AXI
7/23/2008 1:30:13 PM
TORONTO, Jul 23, 2008 (Canada NewsWire via COMTEX News Network) --

Advanced Explorations Inc. (the "Company" or "AEI") is pleased to announce that it has finalized the terms of its previously announced non-brokered financing to raise up to $8,000,000 (the "Offering") through the issue of flow-through common shares ("FT Shares") and non flow-through units ("Units"). The Company may complete the Offering by issuing any combination of FT Shares or Units.

Each FT Share will be issued at a price of $1.10 per FT Share and each Unit will be issued at a price of $0.95 per Unit. Each Unit shall consist of one Common Share and one-half (1/2) of one common share purchase warrant. Each whole warrant shall entitle the holder to purchase one common share ("Warrant Share") at a price of $1.35 per share for a period of twelve months from the closing of the Offering.

The Company shall use the proceeds of the offering for the further development of the Roche Bay Magnetite Project in Nunavut and for general corporate purposes.

Closing of the Offering is expected to occur on or about July 29, 2008. The FT Shares and Common Shares and Warrant Shares will be subject to a four-month hold period from the date of Closing.

Finder's fees will be payable in connection with the Offering. The Company may pay applicable finder's fees in any combination of cash, shares or warrants.

Note: If the financing were all flow through or all non flow through a total of 7,272,727 FT Shares or 8,421,052 units would be issued respectively.

ON BEHALF OF THE BOARD

John Gingerich, President & CEO

 

[dukezero]

Jul 24, 2008 03:01 ET
Cloudbreak Resources Makes Submissions in Saskatchewan for an Additional 112,000 Acres

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 24, 2008) - CLOUDBREAK RESOURCES LTD. (TSX VENTURE:CDB)(PINK SHEETS:CUDBF)(FRANKFURT:C6K). President Blair Naughty is pleased to report Cloudbreak Resources Ltd. has applied for a 100% interest in a further 126 Coal Dispositions located on the east side of the Pasquia Hills of East-Central Saskatchewan. This acquisition is in addition to the 354 Dispositions already pending in the system. These Coal Dispositions are in proximity to the recently announced coal discovery by Goldsource Mines Inc., approximately 50 kilometers northwest of Hudson Bay, Sask. All of the applications to date are to the northwest of Goldsource's discovery holes.

This now brings Cloudbreak's applications for land permitting in the area from 29.5 townships (approximately 668,000 acres) to 40 townships (approximately 910,000 acres). Applications were made in accordance with the Coal Disposition Act of Saskatchewan and granting of permits is dependent upon regulatory requirements to process the applications.

To date the Cloudbreak Resources has received comfort letters on 4 townships. The company anticipates receiving further clarification on the past dispositions that were applied for in the near future.

President Blair Naughty states, "We are still extremely excited about the area and its potential regardless of recent developments on the Goldsource front. We firmly believe that the area is still in the very early stages of exploration, and that there is great potential for further discoveries. The company will continue to look at strategic staking opportunities and once the comfort letters and permits are received, we expect to be one of the largest land holders in the area. The company has located historical drill holes from the 1960's drilled by oil companies, and the logs show significant coal intercepts. Cloudbreak has staked according to these historical reports, and will disseminate the results upon receipt of comfort letters on such properties."

This news release has been prepared on behalf of the Cloudbreak Resources Board of Directors, which accepts full responsibility for its contents. The contents of this release have been reviewed and approved by Marvin A. Mitchell, P.Eng, a qualified person as defined by National Instrument 43-101.

ON BEHALF OF THE BOARD

Blair Naughty, President & Director

The TSX Venture Exchange has not reviewed nor does it accept responsibility for the adequacy or accuracy of this press release.

 

[dukezero]

Jul 24, 2008 03:02 ET
Canasia to Drill Additional Gold Prospect

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 24, 2008) - Canasia Industries Corporation ("Canasia") (TSX VENTURE:CAJ)(OTCBB:CANSF)(FRANKFURT:45C) wishes to announce that it has been notified by the operator that they have signed a contract with Elite Diamond Drilling to drill the Clone Gold Prospect located in Stewart, BC. This drill program is expected to commence on August 15th.

The Clone Gold Prospect is situated 20 km southeast of Stewart, BC and about 15 km south of Seabridge Gold Inc.'s Red Mountain gold deposit.

The property features two types of gold-bearing shear zones, exposed over a strike length of approximately 600 metres. These shears called either H or S zones (hematite or sulfide) can carry high-grade gold values. Trench #4 into the H-1 structure returned a value of 3.59 oz/ton gold over a 5.5m width; trench #10 into the S-2B structure returned 2.1 oz/ton gold over 4.5m.

Plans for the 2008 drilling program call for further testing of the S-2B structure, following up on two holes drilled by Canasia in 2006. These holes returned intercepts grading 0.114 oz/ton gold over 4.9m and 0.178 oz/ton gold over 10.8m. Drilling of the H-1 structure, 100m west of the 2003 hole which ran 2.36 oz/ton gold over 8.5 m, is also planned.

Graeme Sewell, a director of Canasia stated, "Management is pleased to be starting the 2008 summer drill program on the Clone Gold Property."

Dino Cremonese, P. Geo, the qualified person under National Instrument 43-101 for this project, has reviewed the technical content of this news release.

If you would like to be added to Canasia's news distribution list, please send your email address to info@canasiaind.com.

Graeme Sewell, Director

Canasia Industries Corporation

 

[dukezero]

http://www.contrarianprofits.com/articles/5-reasons-to-buy-uranium-stocks-now/3995

http://www.stockhouse.com/Columnists/2008/July/21/Uranium-gains-should-bring-utilities-back-to-spot-

Thema steigender Uranpreis!

 

[dukezero]

PotashCorp Surpasses Previous Quarterly Earnings Record by Over 60 Percent
POTASH CORP SASKATCHEWAN POT
7/24/2008 6:06:58 AM
SASKATOON, SK, Jul 24, 2008 (Canada NewsWire via COMTEX News Network) --

Listed: TSX, NYSE

Symbol: POT

Potash Corporation of Saskatchewan Inc. (PotashCorp) today reported record second-quarter earnings of $2.82 per share(1) ($905.1 million), a 220 percent increase over the $0.88 per share ($285.7 million) earned in last year's second quarter. This represents the highest quarterly earnings in company history - 62 percent above the record $1.74 per share ($566.0 million) set in first-quarter 2008 - and reflects rising global fertilizer demand and the impact of significantly higher prices for potash, nitrogen and phosphate products. Record quarterly gross margin of $1.4 billion was up 187 percent from the $501.4 million generated in the second quarter of 2007, with all three nutrients making record contributions. Earnings for the first six months of 2008 were $4.54 per share ($1.5 billion), more than triple the $1.50 per share ($483.7 million) earned in the first half of last year and higher than the record $3.40 per share ($1.1 billion) earned for the full year 2007. First-half gross margin reached $2.3 billion, compared to $871.1 million in the first six months of 2007, and has already exceeded the record full-year total of $1.9 billion set last year.

Cash flow from operating activities prior to working capital changes(2) reached $1.1 billion for the quarter and $1.7 billion for the first six months of 2008, compared to $473.7 million for the second quarter of 2007 and $756.7 million for the first half of that year. Earnings before interest, taxes, depreciation and amortization(2) in the quarter grew to $1.4 billion from $496.4 million in last year's second quarter, raising first-half EBITDA to $2.2 billion compared to $877.4 million in the same period of 2007.

This strong performance was enhanced by our offshore investments in Arab Potash Company Ltd. (APC) in Jordan, Sociedad Quimica y Minera de Chile S.A. (SQM) in Chile, Israel Chemical Ltd. (ICL) in Israel and Sinofert Holdings Limited (Sinofert) in China, which added $94.0 million to our before-tax earnings in the quarter. Year to date, these investments have contributed $117.4 million to our other income and the total market value of our investments today is $9.8 billion, roughly equivalent to $30 per PotashCorp share.

 

[ResourceInvest]

http://www.asx.com.au/asxpdf/20080724/pdf/31bb5n58gdpcrj.pdf


nach Bö-schluss in Sydney!

EYE up 53%

 

[dukezero]

Wirtschaftsnews - von heute 12:54
ArcelorMittal will in Eisenerz und Kokskohle investieren
Stuttgart (www.rohstoffe-go.de) Die eigene Versorgung mit Eisenerz und Kokskohle durch den Ankauf von Minen will sich der weltgrößte Stahlkonzern rund sechs Milliarden US Dollar kosten lassen. Grund sind die angestiegenen Rohstoffpreise. Bis 2014 soll so der Eigenanteil an Eisenerz von 45 Prozent auf etwa 80 Prozent steigen. Zur Erinnerung: Eisenerz hat sich im Preis in einem Jahr verdoppelt und der Preis für Kokskohle hat sich verdreifacht.

 

[dukezero]

Rohstoffunternehmen haben dank China gigantische Möglichkeiten

Stuttgart (www.rohstoffe-go.de) Don Argus, Chairman des weltgrößten Minenkonzerns BHP Billiton sieht aufgrund des enormen Wachstums in dem bevölkerungsstärksten Land der Erde gigantische Möglichkeiten für Rohstoffkonzerne.

Der chinesische Wirtschaftsboom bescherte der Welt einen Wandel in politischer, sozialer und wirtschaftlicher Hinsicht, der nur einmal in einem Jahrhundert vorkommt, so Don Argus, der Chairman des australisch-britischen Rohstoffkonzerns BHP Billiton Ltd. (ISIN GB0000566504, WKN BLT).

Er vergleicht diese Situation mit der industriellen Revolution. Um hierauf auch vorbereitet zu sein, müssen Länder wie Australien mit hohem finanziellen Einsatz, aber auch strukturellen Veränderungen reagieren. In einem Gespräch in Brisbane betonte der Geschäftsmann, dass die Offerte seines Konzerns für Rio Tinto (ISIN GB0007188757, WKN 852147) dazu diene, einen globalen Minenkonzern zu schaffen, der diesen Herausforderungen auch gewachsen ist.

Der Rohstoffboom wird seiner Ansicht nach noch viele Jahre andauern. Er vergleicht den Sektor mit einer „Cash Cow“, die noch sehr lange Jahre gemolken werden kann, also gute Einnahmen generieren wird. Dieser Vorteil kann aber nur erhalten bleiben, wenn die eingenommenen Gelder auch wieder gut reinvestiert werden.

Dabei sieht Don Argus Australien in einer guten Ausgangssituation, um von den Wachstumsaussichten des ganzen Sektors zu profitieren. Doch wenn das Land nicht aufpasst, bestünde die Gefahr, dass Australiens Ressourcen an ausländische Firmen gehen und das Land nur eine Filiale dieser Konzerne wird, ähnlich wie in Kanada.

BHP sieht er hervorragend positioniert, um vom anhaltenden Boom zu profitieren. In China existieren Pläne bis zum Jahr 2020 ganze 400 neue Städte aus dem Boden zu stampfen. Schon jetzt entsteht alle sechs Wochen eine Stadt von der Größe von Sydney. Hierfür werden gigantische Mengen an Materialien, z. B. Zement benötigt.

Die Industrialisierung und Verstädterung Chinas steht erst am Beginn der Entwicklung und Rohstoffkonzerne wie BHP müssen den Nutzen daraus ziehen. Der Konzern und auch Australien haben es selbst in der Hand, in diesem Szenario zu einem Wettkämpfer oder zu einem Zuschauer zu werden, so der Chairman von BHP weiter.

Preiswerter Minenabbau sei zukünftig für das Überleben der Konzerne ein wichtiger Faktor, aber auch der Ausbau noch größerer Bergbaustätten in Australien. Um z. B. die Weltnachfrage nach Kupfer in den nächsten 25 Jahren zu befriedigen, müssten 15 Minen in der Größenordnung von BHPs Escondida-Mine in Chile entdeckt und entwickelt werden.

Die Aussagen des Chairman von BHP zeigen ganz klar, dass der Marktführer mit einem lange anhaltenden Rohstoffboom rechnet. Investoren sollten also am Ball bleiben, um ebenfalls von diesem Trend zu profitieren.

Werner W. Rehmet – Rohstoffe-Go.de

 

[dukezero]

Jul 24, 2008 12:47 ET
Potash One Completes Acquisition of Remaining Interest in KP289 Potash Permit

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 24, 2008) - Potash One Inc. (the "Company" or "Potash One") (TSX VENTURE:KCL) is pleased to announce that it has completed the acquisition of the remaining 75% interest in Potash Permit KP289 (the "Legacy Project") through the purchase of all of the issued and outstanding shares of Invictus Minerals Corporation, a private company. Potash One previously acquired its initial 25% interest in the Legacy Project pursuant to an option agreement dated May 10, 2006, as amended May 15, 2007. The Company paid $3,250,000 in cash for the shares of Invictus, which is the same as the cash value of the consideration payable under the option agreement. The shares were purchased from a group of eleven individuals, all of whom are at arms length to the Company.

Paul F. Matysek, President and Chief Executive Officer of Potash One Inc., said: "This transaction combined with the previously completed acquisitions of KP355, KP356 and KP357 gives Potash One, one hundred per cent ownership of over 300,000 acres in the immediate vicinity of the world's largest producing potash solution mine, Belle Plaine in southern Saskatchewan."

ON BEHALF OF THE BOARD OF DIRECTORS,

Paul F. Matysek, M.Sc., P.Geo., President and Chief Executive Officer

About Potash One Inc.

Potash One Inc. is a Canadian resource company engaged in the identification, acquisition, exploration and development of advanced solution mine amenable potash properties. The Company owns 100% of a 97,240 acre Potash Subsurface Exploration Permit in Saskatchewan, Canada (the "Legacy Project"). The Legacy Project was previously explored by Imperial Oil Ltd. (now Exxon) and Lumsden Potash Corporation and is adjacent to the largest producing solution potash mine in the world. In addition, the Company owns 100% of three other Potash Subsurface Exploration Permits over 230,000 acres that are contiguous to the Legacy Project. The Company has a NI 43-101 compliant resource, a solid balance sheet, and experienced technical and corporate management to advance the Legacy Project to the next stage.

 

[dukezero]

Stuttgart Laut Preston Chiaro, CEO der Energiesparte von Rio Tinto, will Rio Tinto 10 % des Marktes für den Düngemittelrohstoff Kali, auch genannt Potash, kontrollieren. Des Weiteren soll die Uranproduktion verdoppelt werden.

In Anbetracht des feindlichen Übernahmeangebots von BHP Billiton in Höhe von 170 Milliarden USD scheint es, dass Rio Tinto durch solche Ankündigungen die Flucht nach vorne ergreift und weiter auf organisches Wachstum setzt.

Die globale Nachfrage liegt weltweit derzeit bei ungefähr 60 Millionen Tonnen jährlich, mit durschnittlichen jährlichen Wachstumsraten von 3 %. Rio Tinto will bis 2012 neue Potash-Minen in Kanada und Argentinien in Betrieb nehmen.

Aggressiv zu expandieren plant Rio Tinto auch auf dem Uransektor: in den kommenden fünf Jahren soll die Uranproduktion verdoppelt werden. Erstmals soll China mit Uran aus australischen Uranbeständen beliefert werden.

 

[dukezero]

 

[Ollinho]

-LR8- Largo Resources .... meldet nen verdammt geilen Ausblick!


Largo Outlines Upcoming Milestones
7/24/2008 4:22:20 PM - Market Wire

- Economic results of feasibility study for Maracas (Brazil) vanadium deposit expected to be released during the week of August 11th

TORONTO, ONTARIO, Jul 24, 2008 (MARKET WIRE via COMTEX News Network) --
Largo Resources Ltd. (TSX VENTURE: LGO) would like to outline milestones on both the Maracas Vanadium-PGM project in Brazil and the Northern Dancer Tungsten-Molybdenum project (Yukon).

Maracas Feasibility Study

The economic results of the Maracas feasibility study being led by Aker Solutions are expected to be released during the week of August 11, 2008.

Maracas Regional PGM Exploration Program

To date, Largo's team at Maracas has completed seven holes comprising 1,700 metres. Six (6) holes have been logged, split and sent to SGS Belo Horizonte for analysis, with results from the first batch of samples expected mid- to late-August.

As announced on June 2, 2008 and updated on July 8, 2008, a drill rig has been mobilized on the Maracas property to undertake an expected minimum 5,000-metre exploration drill program to test a number of PGM targets. A total of 20 to 25 holes will be drilled.

Northern Dancer Program

To date, seventeen (17) holes have been completed (totaling 5757 metres); nine (9) holes have been logged; six (6) holes have been split and sent to ACME laboratories in Vancouver for analysis. Results from the first batch of samples are expected mid- to late-August.

As announced June 24 and updated July 8, 2008, Largo is undertaking a diamond drill program on the Company's 1,500 hectare Northern Dancer Tungsten-Molybdenum project, straddling the Yukon-British Columbia border 290 kilometres east of Whitehorse. The program's goal is to further define the extent of the higher-grade tungsten and molybdenum zones intersected in previous programs.

Northern Dancer Scoping Study

The Northern Dancer Scoping Study by Snowden Mining Industry Consultants Inc. (Snowden) is expected towards the end of August 2008.

About Largo

Largo Resources is a Canadian natural resource development and exploration company with two advanced stage projects: the Maracas Vanadium-PGM deposit in Brazil and the Northern Dancer Tungsten-Molybdenum deposit in the Yukon. The company is listed on the TSX Venture Exchange under the symbol LGO.

For more information please refer to Largo's website: www.largoresources.com.

Andy Campbell, the Vice President Exploration of Largo and a Qualified Person under National Instrument 43-101, has reviewed the scientific and technical information in this press release.

 

[dukezero]

Jul 25, 2008 09:59 ET
Moly Mines Reports Quarter Activities

TORONTO, ONTARIO--(Marketwire - July 25, 2008) -

NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

Moly Mines Limited (TSX:MOL)(ASX:MOL) is pleased to report the highlights of their Quarterly Cash Flow and Quarterly Activities Report for the period ending June 30, 2008 available on the Company website (www.molymines.com) and on SEDAR (www.sedar.com).

The Spinifex Ridge Molybdenum Project has now passed all permitting hurdles and is poised for commencement of construction. All major project development activities required to support the successful execution of a full funding package for the planned 20 million tonne per annum mine and processing facility have been completed.

Key Project Milestones for the Quarter:

- Total Spinifex Ridge Resources doubled to over 1 billion tonnes of molybdenum and copper, including Measured and Indicated Resources of 652 million tonnes.

- Spinifex Ridge Ore/Mineral Reserves increased by 43% to 451 million tonnes supporting a 23 year mine life at a first stage mining and processing rate of 20 million tonne per annum.

- Western Australian Environmental Minister's decision allowing the project to proceed

- Detailed mine plans for first 23 years completed.

- WorleyParsons appointed as EPCM contractor for the Project, first Project delivery milestone achieved.

- Offtake agreement completed with ThyssenKrupp Metallurgie GmbH for 100% of Moly Metals Australia's (owner of the Project) share of the molybdenum production from the Project.

- Mine expansion studies underway - from 20 million tonne per annum to approximately 33 million tonne per annum in Year 5.

- 70% of Project capital cost contracted or tended.

- High grade, massive hematite iron intersected in exploration drilling close to the molybdenum deposit.

These press materials do not constitute an offer of securities for sale in the United States. Securities may not be offered or sold in the United States absent registration or an exemption from registration. Any public offering of securities to be made in the United States will be made by means of a prospectus that will contain detailed information about the company and management, as well as financial statements.

THESE PRESS MATERIALS ARE NOT FOR RELEASE IN THE UNITED STATES.

This news release includes "forward-looking statements" as that term within the meaning of securities laws of applicable jurisdictions. Forward-looking statements involve known and unknown risks, uncertainties and other factors that are in some cases beyond Moly Mines' control. These forward-looking statements include, but are not limited to, all statements other than statements of historical facts contained in this news release, including, without limitation, those regarding Moly Mines' future expectations. Readers can identify forward-looking statements by terminology such as "aim," "anticipate," "assume," "believe," "continue," "could," "estimate," "expect," "forecast," "intend," "may," "plan," "potential," "predict," "project," "risk," "should," "will" or "would" and other similar expressions. Risks, uncertainties and other factors may cause Moly Mines' actual results, performance, production or achievements to differ materially from those expressed or implied by the forward-looking statements (and from past results, performance or achievements). These factors include the failure to complete and commission the mine facilities, processing plant and related infrastructure in the time frame and within estimated costs currently planned; variations in global demand and price for molybdenum and copper; fluctuations in exchange rates between the U.S. dollar and the Australian dollar; failure to recover the resource and reserve estimates of the Project; the failure of Moly Mines' suppliers and service providers to fulfill their obligations under construction, supply and tolling agreements; unforeseen geological, physical or meteorological conditions, natural disasters or cyclones; changes in the regulatory environment, industrial disputes, labor shortages, political and other factors; the inability to obtain additional financing, if required, on commercially suitable terms; and global and regional economic conditions. Readers are cautioned not to place undue reliance on forward-looking statements. We assume no obligation to update such information.

 

[Ollinho]

Aktuelle Information zur Entwicklung und kommenden Newsflow bei -CRR- Cuervo Resources!


Habe kürzlich umgehend Antwort auf einen recht ausführlichen Fragekatalog von Tom Berner
(IR-Abteilung) erhalten:



By the end of July, Cuervo will publish it's NI 43-101 Resource Report.

The Huillque zone is being drilled now, and results will be released
throughout August-September.

The road to the Aurora Zone will be finished shortly, and a drill will
commence in August, with results by September-October.

A geophysical survey on the complete Cerro Ccopane property is presently
being done, with results expected by October, which will identify more
mineral zones for drilling.

A metallurigical study will be published in November-December, which will
clarify the iron ore processing methods and costs.

A transportation study will be published in December-January, which will
clarify transport methods and costs.

I hope this answers your questions.

Cuervo Resources Inc.
Tom Berner
Investor Relations
1-416-203-3957 ext. 202
investors@cuervoresources.com

 

[spider]

Hört sich gut an, aber der Chart sieht fürchterlich aus. Was stimmt nicht ? Trader ? Shorties?
Kann doch nicht sein, oder Die Aktie findet keinen Boden

Ollinho schrieb am 27.07.2008, 15:55 Uhr[/url]"]Aktuelle Information zur Entwicklung und kommenden Newsflow bei -CRR- Cuervo Resources!


Habe kürzlich umgehend Antwort auf einen recht ausführlichen Fragekatalog von Tom Berner
(IR-Abteilung) erhalten:



By the end of July, Cuervo will publish it's NI 43-101 Resource Report.

The Huillque zone is being drilled now, and results will be released
throughout August-September.

The road to the Aurora Zone will be finished shortly, and a drill will
commence in August, with results by September-October.

A geophysical survey on the complete Cerro Ccopane property is presently
being done, with results expected by October, which will identify more
mineral zones for drilling.

A metallurigical study will be published in November-December, which will
clarify the iron ore processing methods and costs.

A transportation study will be published in December-January, which will
clarify transport methods and costs.

I hope this answers your questions.

Cuervo Resources Inc.
Tom Berner
Investor Relations
1-416-203-3957 ext. 202
investors@cuervoresources.com