Rohstoffthread / CCG-Hauptthread

[greenhorn]

P - Primero, bin gespannt ob es hier demnächst eine Erholung gibt

Primero Mining loses $106.91-million (U.S.) in 2015

http://www.stockwatch.com/News/Item.aspx?bid=Z-C:P-2347102&symbol=P&region=C

2016-02-18 07:05 ET - News Release

Mr. Ernest Mast reports

PRIMERO REPORTS FOURTH QUARTER AND FULL-YEAR 2015 RESULTS; RECORD REVENUES DRIVE INCREASED CASH FLOWS

Primero Mining Corp. has released its financial results for the fourth quarter and full year ended Dec. 31, 2015 (all amounts are in U.S. dollars). On January 25, 2016 the Company reported strong operating results, including the fifth consecutive year of increased production, that drove record revenue of $291.3 million, strong operating cash flow before changes in working capital 1 of $83.2 million ($0.51 per share) and adjusted net income 2 of $6.6 million ($0.04 per share).

Highlights:

-Record Revenues Drive Increased Cash Flows: Primero generated record annual revenues of $291.3 million in 2015, 6% higher than in 2014 and despite the drop in metals prices, due to increased production and sales from the San Dimas and Black Fox mines. This resulted in 2015 operating cash flow before changes in working capital increasing by 13% over 2014, to $83.2 million ($0.51 per share). -Costs Controlled: All-in sustaining costs 3 of $972 per ounce decreased by 20% from 2014 and were well below the Company's 2015 guidance range of $1,030 to $1,060 per ounce. All-in sustaining costs are expected to drop a further 10% in 2016, to between $850 to $900 per gold ounce. -Convertible Debentures to be Repaid in Cash: Primero ended 2015 with $120.6 million of total liquidity, which included $45.6 million in cash and $75.0 million available in an undrawn line of credit, significantly increased from the December 31, 2014 total liquidity position of $62.4 million. The Company announced on February 10, 2016 4 its intention to repay in cash the outstanding $48.1 million of its 6.5% convertible debentures plus $1.6 million of associated interest on their maturity date of March 31, 2016. -Earnings Impacted by Impairment: The Company incurred a net loss of $106.9 million ($0.66 per share) including $104.0 million in impairment charges in 2015, compared to a net loss of $224.4 million ($1.48 per share) including $209.0 million in impairment charges in 2014. Adjusted net income was $6.6 million ($0.04 per share) for 2015, compared to adjusted net income of $5.4 million ($0.04 per share) for 2014. -Fifth Consecutive Year of Record Production: Fourth quarter production of 68,155 gold equivalent ounces 5 resulted in annual 2015 production of 259,474 gold equivalent ounces, 15% higher than 2014 and within the Company's 2015 production guidance range of 250,000 to 270,000 ounces. Gold equivalent production in 2016 is expected to increase by up to 8% over 2015 to between 260,000 and 280,000 ounces. -Capital Expenditures Reduced But Not Restrictive in 2016: Primero has narrowed its 2016 focus to core capital expenditures related to advancing the existing underground mining operations at San Dimas and Black Fox, and as a result the Company expects capital expenditures in 2016 of $82.3 million including capitalized exploration costs of $18.4 million. -Legal Claim From Mexican Tax Authority: Primero's San Dimas mine in Mexico continues to operate uninterrupted despite a legal claim by the Mexican tax authority seeking to nullify the Advance Pricing Agreement ("APA"). The APA confirmed the Company's basis for paying taxes on the price it realized from silver sales under its silver purchase agreement with Silver Wheaton for the fiscal years ending 2010 to 2014, inclusive 6 . Primero intends to vigorously defend its position and believes that it has filed its tax returns for 2010 to 2014 on a basis compliant with applicable laws.

"Primero's strong focus on reducing costs, while continuing to invest in profitable operations is evident in our 2015 results," stated Ernest Mast, President and Chief Executive Officer. "We achieved industry low all-in sustaining costs of $680 per ounce at our platform San Dimas mine while significantly reducing the all-in sustaining costs at the Black Fox mine by 19% from 2014, to $1,163 per ounce. We were also successful at reducing our corporate G&A expense with the closure of two satellite offices. Though Primero has had a volatile start to 2016 in the equity markets, our mines in Mexico and Canada continue to operate uninterrupted with anticipated further efficiency gains anticipated in 2016. We are aggressively defending the claim initiated by the Mexican tax authority seeking to nullify the APA. We look forward to demonstrating strong returns for our shareholders in 2016 by delivering production increases and maintaining a low cost structure with a focus on disciplined capital allocation and generating strong cash flow."

Low Cost Gold Production in Mexico and Canada

Primero produced 68,155 gold equivalent ounces during the fourth quarter of 2015, at total cash costs 7 of $613 per gold equivalent ounce and all-in sustaining costs ("AISC") of $1,009 per ounce. This resulted in record annual production of 259,474 gold equivalent ounces at total cash costs of $637 per gold equivalent ounce and AISC of $972 per ounce, representing a 15% increase in production and contributing to 20% lower AISC versus 2014.

San Dimas produced 50,370 gold equivalent ounces (41,371 ounces of gold and 2.32 million ounces of silver) during the fourth quarter at total cash costs of $535 per gold equivalent ounce and AISC of $753 per ounce. This resulted in full-year 2015 production of 189,769 gold equivalent ounces (151,355 ounces of gold and 8.30 million ounces of silver) from San Dimas at cash costs of $559 per gold equivalent ounce and AISC of $680 per ounce. Strong performance at San Dimas was due to a number of factors including higher throughput related to the ongoing expansion of the mill to 3,000 tonnes per day ("TPD"), increased gold and silver recoveries, increased long-hole mining production, and increased availability of the high-grade Jessica vein. Average throughput in 2015 increased by 10% to a record 2,721 TPD (based on 365 day availability).

Black Fox produced 17,785 ounces of gold during the fourth quarter at total cash costs of $834 per ounce and AISC of $1,104 per ounce. This resulted in 2015 production of 69,705 ounces of gold at cash costs of $850 per ounce and AISC of $1,163 per ounce. The 19% reduction in AISC in 2015 versus 2014 was largely attributable to significantly less development capital spent and less equipment replacements required in 2015. The weaker Canadian dollar relative to the U.S. dollar also had a positive impact on costs at Black Fox during 2015. Average mill throughput increased by 4% in 2015 averaging a record 2,400 TPD (based on 365 day availability).

Kostolanys Erbe schrieb am 04.02.2016, 22:22 Uhr[/url]"]


Primero receives Mexican tax claim to void pricing deal



2016-02-04 01:17 ET - News Release



Ms. Tamara Brown reports

PRIMERO RECEIVES LEGAL CLAIM FILED BY MEXICAN TAX AUTHORITIES

Primero Mining Corp.'s Mexican subsidiary, Primero Empresa Minera SA de CV (PEM), has received a legal claim from the Mexican tax authorities, Servicio de Administracion Tributaria (SAT), seeking to nullify the advance pricing agreement (APA) issued by SAT in 2012. The APA confirmed the company's basis for paying taxes on realized silver prices for the years 2010 to 2014 and represented SAT's agreement to accept that basis for those years. The legal claim initiated does not identify any different basis for paying taxes. The company believes this legal claim is without merit, and it intends to vigorously defend the validity of its APA. The company's operations continue as usual.

PEM and its legal counsel are in the process of completing a detailed review of the legal claim, which is in excess of 200 pages. The company's Mexican legal and financial advisers have informed the company that SAT's judicial challenge to the validity of an APA is without precedent. The company's advisers maintain that seeking to nullify an APA undermines the function of an APA, which is to assure a taxpayer of certainty. The Mexican Supreme Court of Justice recently concluded that where a tax ruling is challenged by the tax authorities through a legal claim, there can be no retroactive consequences or payments levied against a taxpayer that obtained the ruling in good faith within applicable legal principles. The company, and its Mexican legal and financial advisers, continues to believe that the company has filed its tax returns, and paid all applicable taxes, in compliance with Mexican tax laws.


http://www.stockwatch.com/Quote/Detail.aspx?symbol=P&region=C


» zur Grafik

 

[Cadrach]

Oh! Danke schön für die Glückwünsche !

PerseusLtd schrieb am 18.02.2016, 11:10 Uhr[/url]"]Alles gute zum Geburtstag :D

Ollinho schrieb am 18.02.2016, 10:33 Uhr[/url]"]Happy Birthday!

dukezero schrieb am 18.02.2016, 09:47 Uhr[/url]"]

greenhorn schrieb am 18.02.2016, 09:30 Uhr[/url]"] dem schließe ich mich gerne an!

Kostolanys Erbe schrieb am 18.02.2016, 09:00 Uhr[/url]"]Moinsen!


@Cadrach (Benjamin)
Herzlichen Glückwunsch zu Deinem heutigen Geburtstag!

Alles Gute und viel Gesundheit!

@Kosto

 

[Cadrach]

Hab mir zum Geburtstag mal ein paar WPQ ins Körbchen gelegt. Hochspekulativ!

 

[Rooky]

Wünnsche dir auch alles Gute zum Geburtstag

Vieeeell Glück mit WPQ.

habe die seit ende letzten Jahres in meinem Depot, umsatz die etzten Tge ordentlich.

Cadrach schrieb am 18.02.2016, 15:16 Uhr[/url]"]Hab mir zum Geburtstag mal ein paar WPQ ins Körbchen gelegt. Hochspekulativ!

 

[greenhorn]

P-Primero, Nachtrag

Globe says RBC's Rollins keeps Primero at "outperform"

2016-02-10 07:58 ET - In the News

The Globe and Mail reports in its Wednesday edition that RBC Dominion Securities analyst Dan Rollins continues to rate Primero Mining ($2.23 (Canadian)) "outperform." The Globe's David Leeder writes in the Eye On Equities column that Mr. Rollins lowered his target to $2.25 (U.S.) from $3.25 (U.S.). Analysts on average target the shares at $4.70 (U.S.). Mr. Rollins says the recent sell-off in shares of Primero "appears overdone." Mr. Rollins believes the market has assumed a "worst case tax outcome at San Dimas is a given." Primero is facing a legal claim from the Mexican tax authority (SAT), which is aiming to nullify a 2012 APA (Advance Pricing Agreement) ruling. The analyst says, "While the market may have taken a 'shoot first ask questions later' stance, assuming a worst case tax outcome at San Dimas is, in our view, premature as there is no certainty the APA will actually be nullified and/or a long-term tax framework not be reached between Primero and the Mexican tax authorities. Since announcing last Wednesday that the Mexican tax authorities had filed a legal claim to nullify the APA granted by the same tax authorities in 2012, Primero's share price has fallen 36 per cent on an absolute basis."

© 2016 Canjex Publishing Ltd. All rights reserved

 

[600]

PerseusLtd schrieb am 18.02.2016, 11:10 Uhr[/url]"]Alles gute zum Geburtstag :D

Ollinho schrieb am 18.02.2016, 10:33 Uhr[/url]"]Happy Birthday!

dukezero schrieb am 18.02.2016, 09:47 Uhr[/url]"]

greenhorn schrieb am 18.02.2016, 09:30 Uhr[/url]"] dem schließe ich mich gerne an!

Kostolanys Erbe schrieb am 18.02.2016, 09:00 Uhr[/url]"]Moinsen!


@Cadrach (Benjamin)
Herzlichen Glückwunsch zu Deinem heutigen Geburtstag!

Alles Gute und viel Gesundheit!

@Kosto

 

[dukezero]

Das kleine Gap beim Goldchart wurde ja geschlossen. Kleines Kaufsignal im Ofen!!

 

[Rooky]

Jetzt nehmen die Gold/Silber Explorer Fahrt auf.

auch Barkerville und AUM

 

[Rooky]

700.000 Insiderverkauf bei WPQ heute

Rookie schrieb am 18.02.2016, 15:24 Uhr[/url]"]Wünnsche dir auch alles Gute zum Geburtstag

Vieeeell Glück mit WPQ.

habe die seit ende letzten Jahres in meinem Depot, umsatz die etzten Tge ordentlich.

Cadrach schrieb am 18.02.2016, 15:16 Uhr[/url]"]Hab mir zum Geburtstag mal ein paar WPQ ins Körbchen gelegt. Hochspekulativ!

 

[greenhorn]

Guten Morgen!

 

[greenhorn]

YRI - bei ähnlichen Markt die nächste Zeit wird YRI ordentlich Aufwärtspotential besitzen.....alles mögliche nochmal abgeschrieben und nun gehts vorwärts

February 18, 2016 20:27 ET
Yamana Gold Announces Fourth Quarter and Full Year 2015 Results

http://www.marketwired.com/press-re...nd-full-year-2015-results-tsx-yri-2098293.htm

TORONTO, ONTARIO--(Marketwired - Feb. 18, 2016) - YAMANA GOLD INC. (TSX:YRI) (NYSE:AUY) ("Yamana" or "the Company") is herein reporting its financial and operating results for the fourth quarter and full year 2015, and its mineral reserve and mineral resource estimate for the year ended December 31, 2015, with some highlights provided as follows.

OPERATIONAL HIGHLIGHTS

Record total production of 1.28 million ounces of gold, including 345,788 ounces of gold in the fourth quarter of 2015, with record annual gold production from Canadian Malartic, Gualcamayo and Minera Florida; and
Fourth quarter production increases compared to the prior year of 18% at Chapada, 10% at Canadian Malartic, 15% at Gualcamayo and 37% at Jacobina.

Cash costs(1) of $596 per ounce of gold for the full year and $541 per ounce for the fourth quarter.

All-in sustaining costs ("AISC")(1,2) of $842 per ounce of gold for the full year and $753 per ounce of gold for the fourth quarter.

Full year production of 9.0 million ounces of silver at cash costs of $7.12 per ounce and AISC(1,2) of $10.81 per ounce; including
2.0 million ounces at cash costs of $7.48 per ounce and AISC of $10.78 in the fourth quarter of 2015.

Full year production of 131.0 million pounds of copper production at co-product cash costs(1) of $1.46 per pound at Chapada; including
36.6 million pounds at co-product cash costs of $1.30 per pound in the further quarter of 2015.

FINANCIAL HIGHLIGHTS

Revenue from continuing operations of $1.8 billion for the full year and $463 million for the fourth quarter of 2015.

 

[Ollinho]

SEA verkauft 12,02 Can$

Macht nur zögerlich den Upmove des Sektors mit.

Ollinho schrieb am 08.02.2016, 16:25 Uhr[/url]"]Rest raus zu 58,15 Can $

Ollinho schrieb am 08.02.2016, 15:34 Uhr[/url]"]Verkauf 50 % der 47,55er Position zu 57,57 Can $ :D Wahnsinn!!

Rest läuft mit engem Stop weiter.

Ollinho schrieb am 05.02.2016, 22:04 Uhr[/url]"]Verkauf RGL (47,66er Posi) zu 54,60 Can $



47,55er Position läuft mit Stop erstmal weiter.

Ollinho schrieb am 11.01.2016, 20:47 Uhr[/url]"]Trade-Spekus

Kauf RGL 47,66 + 47,55 Can $

Kauf SEA 11,50 Can $

 

[Rooky]

es kommt Bewegung rein, fast 8 Prozent aller Aktien gestern gehandelt.

Rookie schrieb am 09.02.2016, 18:43 Uhr[/url]"]Der Lithium Explorer geht im Juli in Produktion, könnte also am Anfang von dem geringen Angebot profitieren


http://investorintel.com/technology-metals-intel/galaxy-great-survivor-lithium-space/

Galaxy Resources: “first in, best dressed” in the Lithium space

Fines circuit commissioning – late March 2016
Coarse circuit commissioning – late June 2016
First export of concentrate – estimated July 2016
Plant optimisation process – completed December 2016

» zur Grafik

 

[Kostolanys Erbe]

Ollinho schrieb am 19.02.2016, 15:59 Uhr[/url]"]SEA verkauft 12,02 Can$

Macht nur zögerlich den Upmove des Sektors mit.

Ollinho schrieb am 08.02.2016, 16:25 Uhr[/url]"]Rest raus zu 58,15 Can $

Ollinho schrieb am 08.02.2016, 15:34 Uhr[/url]"]Verkauf 50 % der 47,55er Position zu 57,57 Can $ :D Wahnsinn!!

Rest läuft mit engem Stop weiter.

Ollinho schrieb am 05.02.2016, 22:04 Uhr[/url]"]Verkauf RGL (47,66er Posi) zu 54,60 Can $



47,55er Position läuft mit Stop erstmal weiter.

Ollinho schrieb am 11.01.2016, 20:47 Uhr[/url]"]Trade-Spekus

Kauf RGL 47,66 + 47,55 Can $

Kauf SEA 11,50 Can $

 

[600]

greenhorn schrieb am 19.02.2016, 09:44 Uhr[/url]"]YRI - bei ähnlichen Markt die nächste Zeit wird YRI ordentlich Aufwärtspotential besitzen.....alles mögliche nochmal abgeschrieben und nun gehts vorwärts

February 18, 2016 20:27 ET
Yamana Gold Announces Fourth Quarter and Full Year 2015 Results

http://www.marketwired.com/press-re...nd-full-year-2015-results-tsx-yri-2098293.htm

TORONTO, ONTARIO--(Marketwired - Feb. 18, 2016) - YAMANA GOLD INC. (TSX:YRI) (NYSE:AUY) ("Yamana" or "the Company") is herein reporting its financial and operating results for the fourth quarter and full year 2015, and its mineral reserve and mineral resource estimate for the year ended December 31, 2015, with some highlights provided as follows.

OPERATIONAL HIGHLIGHTS

Record total production of 1.28 million ounces of gold, including 345,788 ounces of gold in the fourth quarter of 2015, with record annual gold production from Canadian Malartic, Gualcamayo and Minera Florida; and
Fourth quarter production increases compared to the prior year of 18% at Chapada, 10% at Canadian Malartic, 15% at Gualcamayo and 37% at Jacobina.

Cash costs(1) of $596 per ounce of gold for the full year and $541 per ounce for the fourth quarter.

All-in sustaining costs ("AISC")(1,2) of $842 per ounce of gold for the full year and $753 per ounce of gold for the fourth quarter.

Full year production of 9.0 million ounces of silver at cash costs of $7.12 per ounce and AISC(1,2) of $10.81 per ounce; including
2.0 million ounces at cash costs of $7.48 per ounce and AISC of $10.78 in the fourth quarter of 2015.

Full year production of 131.0 million pounds of copper production at co-product cash costs(1) of $1.46 per pound at Chapada; including
36.6 million pounds at co-product cash costs of $1.30 per pound in the further quarter of 2015.

FINANCIAL HIGHLIGHTS

Revenue from continuing operations of $1.8 billion for the full year and $463 million for the fourth quarter of 2015.

Und Dividende gibts auch dazu!

Yamana Gold Declares First Quarter Dividend
T.YRI
TORONTO, ONTARIO--(Marketwired - Feb. 18, 2016) - YAMANA GOLD INC. (TSX:YRI)(NYSE:AUY) ("Yamana" or the "Company") declares a first quarter 2016 dividend of $0.005 per share. Shareholders of record at the close of business on March 31, 2016 will be entitled to receive payment of this dividend on April 14, 2016. The dividend is an "eligible dividend" for Canadian tax purposes.


Read more at http://www.stockhouse.com/news/press-releases/2016/02/18/yamana-gold-declares-first-quarter-dividend#ItVvp6OLjHTUbXZ3.99

 

[Kostolanys Erbe]

Wird langsam eng bei CS...sollte der Kupferpreis nicht steigen...

Auf Seite 6 der Präsentation stehen die cash / debt Zahlen...


http://s2.q4cdn.com/231101920/files/doc_presentations/2016/feb/February-2016-Corporate-Presentation_FINAL.pdf

greenhorn schrieb am 17.02.2016, 09:39 Uhr[/url]"]CS - Capstone, macht mir ein wenig Sorgen......eigentlich einer der großen Produzenten im Kupfersektor, aber die Preisschwäche macht denen sehr zu schaffen
wenn da nicht bald die Wende kommt gehen hier auch die Lichter aus

Capstone Mining loses $251.5-million (U.S.) in 2015

2016-02-16 17:31 ET - News Release

Mr. Darren Pylot reports

CAPSTONE MINING 2015 FINANCIAL RESULTS

http://www.stockwatch.com/News/Item.aspx?bid=Z-C:CS-2346645&symbol=CS&region=C

Capstone Mining Corp. has released its financial results for the year ended Dec. 31, 2015. (All amounts are in U.S. dollars unless otherwise specified.) Operating cash flow before changes in working capital(1) for the year was $60-million or 16 cents per share, with a net loss of $251.5-million and an adjusted net loss of $31.9-million after adjusting for certain non-cash and non-recurring charges. Copper production for the year totalled 92,600 tonnes (89,300 tonnes of payable copper) at a C1 cash cost(1) of $1.99 per payable pound produced, with copper sales for the year of 87,500 tonnes at a C1 cash cost(1) of $2 per payable pound sold.

 

[Kaschper]

hat jemand hier eine Einschätzung und sich mit Petroleo Brasiliero isin US71654V1017 befasst?

 

[600]

600 schrieb am 08.02.2016, 17:57 Uhr[/url]"]mal was long MSV zu 0,45, ist noch nicht gelaufen...

:D
läuft an, heute knapp 20% plus.

 

[Rooky]

Kauf Santacruz Silver Mining

http://www.santacruzsilver.com/s/news_releases.asp?ReportID=740213

 

[Rooky]

Rookie schrieb am 22.02.2016, 15:13 Uhr[/url]"]Kauf Santacruz Silver Mining

http://www.santacruzsilver.com/s/news_releases.asp?ReportID=740213

 

[Rooky]

Red Eagle denies owing $1.7-million (U.S.) fee

2016-02-17 10:19 ET - Street Wire



by Mike Caswell

Red Eagle Mining Corp. denies that it owes a $1.7-million finder's fee to Stephen Goodman, a New York man who is suing the company in the Supreme Court of British Columbia. (All figures are in U.S. dollars.) Red Eagle says that Mr. Goodman did not make any introductions in a $30.66-million deal the company entered into with Orion Mine Finance in 2015. The company describes his role in the transaction as minimal.

Red Eagle is responding to a lawsuit that Mr. Goodman filed against the company at the Vancouver courthouse on Dec. 14, 2015. Mr. Goodman claimed that he arranged a $67-million financing for the company to construct its Santa Rosa project in Colombia. As he saw it, the company owed him a $1.7-million finder's fee for his efforts, but he only received $180,000. He sought court-ordered payment of that amount.

For its part, Red Eagle claims that the events surrounding the financing occurred much differently. In a response filed on Feb. 2, 2016, the company says that it first met Mr. Goodman when he was working for KGS-Alpha Capital Markets LP. That company had approached Red Eagle in early 2014 and proposed arranging a financing. KGS-Alpha was ultimately unable to raise any money, however.

Several months after ending its relationship with KGS, on Feb. 4, 2015, Red Eagle entered into a financing agreement with Orion Mine Finance. The deal was initially for a $5-million equity investment and $60-million credit facility, but was later reduced. In its final form, the deal comprised a $6-million equity investment and a $30.6-million credit facility, the response states.

According to Red Eagle, Mr. Goodman was not integral to the arrangement. The company does not say exactly what he did, but it describes his role as minimal. Another individual, named Jon Lamb, introduced Red Eagle to Orion in 2012. Whatever efforts Mr. Goodman may have undertaken, he did so without having any agreement to receive a fee, Red Eagle contends.

Despite Mr. Goodman's minimal role, the company agreed to pay him $180,000, the response states. This was to represent full and final payment in respect of all services he provided, according to the response. Mr. Goodman accepted that money as the full payment, Red Eagle contends.

The company asks that the suit be dismissed. Vancouver lawyer Teresa Tomchak of Farris, Vaughan, Wills & Murphy LLP filed the response on the company's behalf.

 

[dukezero]

GSV 1.25 Cad!

Gutes Orderbuch!

 

[dukezero]

dukezero schrieb am 22.02.2016, 20:31 Uhr[/url]"]GSV 1.25 Cad!

Gutes Orderbuch!

Steigt weiter. 200% seit Erstempfehlung!

 

[Fischlaender]

WCB +150%

ABER! mit gerade mal 110k Stücken Umsatz macht die jetzt einen solchen Sprung. Nett, aber das muss noch bestätigt werden. Gab dazu eine News:

http://www.wcbresources.com/sites/default/files/documents/news_releases/pdfs/2016%2002%2022%20-%20WCB%20TSX%20-%20Kula%20and%20WCB%20MOU%20-%20Final.pdf

Ich hab da so viele von (Schnitt nach diversen nachkäufen 0,041 CAD), dass ich den Kurs wahrscheinlich wieder auf nahe Null runterhauen könnte. Warte also lieber noch ab.

Fischlaender schrieb am 16.12.2015, 16:29 Uhr[/url]"]Irgendjemand musste da wohl raus. Und dann passiert bei Null Nachfrage sowas. Hab 6-stellig nachgefasst und Einstand auf 0,045 CAD gedrueckt.

» zur Grafik

Kostolanys Erbe schrieb am 04.12.2015, 21:54 Uhr[/url]"]Nachtrag:



WCB samples up to 38 m of 1.36 g/t Au at Umuna



2015-12-03 12:56 ET - News Release



Mr. Cameron Switzer reports

WCB RESOURCES ANNOUNCES SIGNIFICANT CHANNEL SAMPLE RESULTS FROM A RECENTLY IDENTIFIED SPLAY OF THE UMUNA ZONE, MISIMA ISLAND, PNG

WCB Resources Ltd. has released the results for the recently completed channel sampling and mapping at the Umuna gold project in Papua New Guinea. This channel sampling is part of a continuing systematic exploration program that continues to upgrade the Umuna gold project on Misima in preparation for further drill testing.

Highlights include:

Major fault splay identified east of Umuna with positive initial gold results;
Preliminary channel sample results include 38 metres of 1.36 grams per tonne gold;
Continuing channel sampling has identified further strike extensions; assays pending.


Mapping and channel sampling program

Mapping and channel sampling at the Umuna prospect have been focussed on the identification and validation of near-surface strike extensions of gold mineralization.

Recent mapping to the southeast has identified a significant fault zone with base metal vein stockwork and disseminations. Initial interpretation on this zone, termed Ginesia, based on map data indicates a major strike parallel structure to the adjacent Tonowak zone. Both the Tonowak and Ginesia zones are fault splays at an oblique angle to the Umuna zone. Importantly, at the intersection of these splays with the Umuna zone, exaggerated thickness (up to 50 metres) and higher-than-average grades (above 2.5 grams per tonne gold) are observed over a distance upward of 300 metres. Importantly, this is the region where the recent pit optimizations extend to depth as part of the recent indicated resource upgrade.

A total of 527 channel samples have been collected with a 125-millimetre grinder diamond blade in zones of hard material and with a geological blade hammer in softer zones typically associated with clay sericite alteration. Geological control at each sample ensured that care was taken to ensure accurate volume/hardness relationships remained consistent. Sampling was completed on a geological control basis if appropriate; otherwise, a two-metre sample interval was taken to ensure a better understanding of controls on mineralization. Appropriate quality assurance/quality control protocols were completed, which included duplicate samples, standards and field blanks. All sample locations were surveyed using GPS (global positioning system) devices.

Highly anomalous channel sample results have been received, including:

38 metres of 1.36 grams per tonne gold;
10 metres of one gram per tonne gold;
31 metres of 0.4 gram per tonne gold.


Interpretation of these results indicate multiple parallel zones of oxide mineralization trending in a 300-magnetic orientation toward the Umuna zone. The spatial lateral separation of these results from the historically mined area is approximately 750 metres, with the surface extent of Ginesia defined in this area by highly anomalous blast holes and drill holes completed by Misima Mines Pty. Ltd., which include drill hole GRD1234(i), which returned 124 metres of 1.43 grams per tonne gold (drilled from surface at a low angle to the interpreted Ginesia structure to a total depth of 198.2 metres and is not a true representation of the width of the structure).

Cameron Switzer, president and chief executive officer, said: "The recognition of the mineralized Ginesia fault zone is exciting as, not only does it suggest significant near-surface oxide mineralization potential, but the zone appears to have a reasonable width with a prospective strike length defined to date of over 700 metres. This area will continue to be a focus for further exploration activities as the definition of near-surface oxide resources in this region has the scope to significantly enhance potential project economics."

Quality assurance/quality control

Exploration activities on the Misima project are supervised by Cameron Switzer, president and chief executive officer, who is the qualified person under National Instrument 43-101. All geochemical information for the company's projects is obtained and reported under a quality assurance/quality control program, which includes the usage of standard operating procedures and guidelines, including the insertion of certified independent geochemical standards and collection of field duplicates where appropriate.

Channel results are reported above a 0.1-part-per-million-gold cut-off and include internal dilution intervals of up to two metres.

Channel samples are collected under the supervision of company geologists in accordance with standard industry practice and are a more accurate representation of the actual grade of the material sampled. Particular attention is taken to ensure accurate hardness/volume relationships were maintained throughout the sample program. Samples are dispatched via commercial transport to ALS Minerals Ltd. Brisbane, an accredited laboratory in Australia, for analysis. Results are routinely examined by a suitably qualified geologist to ensure laboratory performance meets required standards.

Sample locations are recorded by GPS devices in WGS84 projection.

Channel samples were assayed by ALS Minerals Brisbane using 33 elements by method ME-ICP61 and for gold by method Au-AA25. ME-ICP61 is a near-total digestion using four acids and ICP-AES. Au-AA25 is used to detect ore-grade levels from 0.01 gram per tonne to 100 grams per tonne gold on a nominal 30-gram sample using fire assay with AAS. Copper values over 10,000 parts per million are analyzed by Cu-OG62 (ore-grade copper, four acids).

(i) GRD1234 is a 198.2-metre-total-depth reverse circulation hole with a diamond tail drilled at a low angle to the interpreted Ginesia structure by Misima Mines.

Cameron Switzer, BSc (honours), MAIG (3384), MAUSIMM (112798), president and chief executive officer of WCB Resources, is a qualified person as defined by NI 43-101. He is responsible for quality control of exploration undertaken by WCB. Mr. Switzer has reviewed and approved the technical information in this release.

About EL1747 Misima

Misima Island has previously demonstrated mineral-deposit pedigree through the past production of four million ounces of gold and 20 million ounces of silver from various operations; most recently, the Misima mine owned by Placer Dome Asia Pacific. This mine ceased open-pit production in 2001 and closed in 2004.

WCB can earn up to a 70-per-cent interest in EL1747 Misima from Pan Pacific Copper (through its subsidiary Gallipoli Exploration (PNG) Ltd.) by spending a total of $9-million (Australian) within a staged time frame subject to standard regulatory approvals. WCB has obtained an initial 30-per-cent equity interest in Gallipoli Exploration, with an additional 19-per-cent interest currently in the process of being formally registered. Further, WCB is progressing toward an additional 21-per-cent interest.

http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aWCB-2332293&symbol=WCB&region=C

Kostolanys Erbe schrieb am 28.07.2015, 20:36 Uhr[/url]"]WCB Resources extends Misima Island's Umuna zone

2015-07-28 09:23 ET - News Release



Mr. Cameron Switzer reports

WCB RESOURCES IDENTIFIES SOUTH EASTERN EXTENSIONS OF THE UMUNA ZONE AT KULUMALIA, MISIMA ISLAND, PAPUA NEW GUINEA

WCB Resources Ltd. released an updated mineral resource, reported in accordance with National Instrument 43-101, for the Umuna zone and Ewatinona prospects on its Misima Island project in Papua New Guinea on May 7, 2015. Recent exploration activities have focused on systematic mapping and sampling, along with further data interpretation and compilation aimed at identifying the highest-priority targets.

Highlights include:

Kulumalia mineralization extended 500 metres to the southeast;
Extensions are not included in the Umuna mineral resource;
Historic drill data indicate significant upside including: 56 m at 1.30 grams per tonne gold, 14 g/t silver from 40 m (KRC421);
36 m at 1.90 g/t Au, 13 g/t Ag from 48 m (KMD470);
34 m at 1.09 g/t Au, seven g/t Ag from 100 m (KRC404).



Kulumalia is the southeastern extension of the plus-three-kilometre-strike extensive Umuna zone. Previous mining at Kulumalia has extracted near-surface gold-bearing material over a length of 500 m to depths of up to 100 m below surface. Recent continuing systematic studies have identified the extension of this zone an additional 500 m to the southeast.

The Kulumalia extension not included in the mineral resource is identified by variably brecciated, semi-continuous siliceous zones on surface, associated with anomalous soil and rock chip results. Historic drill data are more sparse than the area mined, with 37 holes being completed on 50-metre sections over the 500-metre strike, but interpretation of the data suggests well-developed continuity in multiple gold-bearing zones.

WCB expects that with minimal additional drilling, the Kulumalia extension mineralization may be included in future mineral resource statements.

Drill intersections in the Kulumalia extension include:

56 m at 1.30 g/t Au, 14 g/t Ag from 40 m (KRC421);
36 m at 1.90 g/t Au, 13 g/t Ag from 48 m (KMD470);
34 m at 1.09 g/t Au, seven g/t Ag from 100 m (KRC404);
10 m at 2.28 g/t Au, 25 g/t Ag from 128 m (KRC463);
30 m at 1.47 g/t Au, 28 g/t Ag from 194 m (KMD463 -- deepest hole in area);
10 m at 1.57 g/t Au, 13 g/t Ag from 28 m (KMD466);
10 m at 1.64 g/t Au, eight g/t Ag from 108 m (KMD466).


Cameron Switzer, president and chief executive officer, said: "The recognition of the Kulumalia extension by the team may well prove to be critical factor in unlocking the gold potential, as not only is this extension defined over a significant distance, but it also brings the opportunity for near-surface oxide mineralization that can be accessed early in any future start-up. Drilling in this area has only been completed to a maximum depth below surface of 140 m, and we know that, based on drilling to the north on Umuna, well-developed intersections several hundred metres deeper are still open at depth."

Planning for future drill testing in this area will focus on zones that validate the continuity and increase the level of confidence for future mineral resources.

Quality assurance/quality control

Exploration at the Misima project is supervised by Mr. Switzer, president and CEO, who is the qualified person under National Instrument 43-101, and Ross Logan, exploration manager, who is a qualified person under NI 43-101. All geochemical information for the company's projects is obtained and reported under a quality assurance and quality control program that includes the usage of standard operating procedures, guidelines including the insertion of certified independent geochemical standards and appropriate collection of field duplicates where appropriate.

Drill hole results are reported above a 0.3-part-per-million gold cut and include internal dilution intervals of up to four m.

WCB has obtained the drill hole logs, assay sheets including standards, survey data, photographic record where appropriate, geological procedures and protocols for these data.

Qualified persons

Cameron Switzer, BSc (honours), MAIG (3384), MAusIMM (112798), president and chief executive officer of WCB Resources, is a qualified person as defined by National Instrument 43-101. He is responsible for quality control of exploration undertaken by WCB. Mr. Switzer has reviewed and approved the technical information in this release.


http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aWCB-2296998&symbol=WCB&region=C

CCG-Redaktion schrieb am 23.07.2015, 15:25 Uhr[/url]"]http://www.marketwatch.com/story/wcb-resources-advances-quartz-mountain-prospect-misima-island-papua-new-guinea-2015-07-23-9173167

Press Release
WCB Resources Advances Quartz Mountain Prospect, Misima Island, Papua New Guinea

Published: July 23, 2015 9:16 a.m. ET

VANCOUVER, BRITISH COLUMBIA, Jul 23, 2015 (Marketwired via COMTEX) -- Highlights include:
-- Surface rock chip sampling has outlined two new zones of highly
anomalous gold silver mineralisation at Trig and Maika Creek
-- Historic channel sampling in the Ewatinona area indicates broad zones of
gold and silver mineralisation including:
83m @ 1.86 g/t Au
86m @ 1.85 g/t Au
55m @ 1.00 g/t Au

 

[Rooky]

Gold fällt, HUI steigt.

Vielleicht laufen die Minen vorne weg

 

[Fischlaender]

PLG auf dem Weg zum "W" (wäre bei ca. 0,5 CAD erreicht). Wieso die heute steigt ersschließt sich mir bei dem unverschämten Financing nicht. Legen ein 4.5mio zum absoluten Tief von 0,25 CAD auf, Frechheit! Wenigstens hatten sie den Anstand, nur einen halben Warrant anzuhängen.

http://www.stockwatch.com/Chart/Hist.aspx?symbol=plg&region=C

 

[Fischlaender]

Der imho einzige Grund, warum die steigt, ist der Nebensatz, dass die Gelder alleine für die Nevada/Utah Carlin Style Projekte Kinsley und Goldstrike verwendet werden und nicht für die Porphyr Projekte in der Türkei.

Fischlaender schrieb am 22.02.2016, 21:34 Uhr[/url]"]PLG auf dem Weg zum "W" (wäre bei ca. 0,5 CAD erreicht). Wieso die heute steigt ersschließt sich mir bei dem unverschämten Financing nicht. Legen ein 4.5mio zum absoluten Tief von 0,25 CAD auf, Frechheit! Wenigstens hatten sie den Anstand, nur einen halben Warrant anzuhängen.

http://www.stockwatch.com/Chart/Hist.aspx?symbol=plg&region=C

» zur Grafik

 

[Kostolanys Erbe]

Aktuell mit 18,5 k so 85% nach oben...

Kostolanys Erbe schrieb am 25.06.2015, 23:26 Uhr[/url]"]New Oroperu Resources Inc.: $650,000 Non-Brokered Financing Announced




VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 25, 2015) -

NOT FOR DISTRIBUTION IN THE U.S.A. OR TO U.S. RESIDENTS

New Oroperu Resources Inc. (the "Company") (TSX VENTURE:ORO) is pleased to announce that it plans to undertake a non-brokered private placement of up to 4,333,333 units at a price of $0.15 per unit for estimated aggregate gross proceeds of $650,000. Each unit consists of one common share of the Company and one-half of a share purchase warrant of the Company. Each whole share purchase warrant will entitle the holder to purchase one common share for a period of five years after the closing of the transaction at an exercise price of $0.20 per common share. The proceeds from the financing will be used for general working capital.

This financing is subject to the approval of the TSX Venture Exchange.

ON BEHALF OF THE BOARD OF DIRECTORS

K. Wayne Livingstone, President

http://www.juniorminingnetwork.com/junior-miner-news/press-releases/1669-tsx-venture/oro/8804-new-oroperu-resources-inc-650-000-non-brokered-financing-announced.html#.VYx_s17vrIU

Kostolanys Erbe schrieb am 27.08.2014, 23:53 Uhr[/url]"]zu ORO:


K. Wayne Livingstone's thinly traded New Oroperu Resources Inc. (ORO) remained unchanged at 25 cents after releasing its second-quarter financials. Not much is new: the company continues to wait patiently in hopes Barrick Gold makes a production decision. Barrick has spent the past 11 years earning a 70-per-cent interest in New Oroperu's Tres Cruces gold property in Peru. It completed its required $1.7-million in exploration spending in 2005, and now has until Dec. 31, 2020, to make a production decision. At that point, New Oroperu would have a 30-per-cent free-carried interest to production. In the meantime, Barrick has been paying the company $250,000 a year to maintain the option, of which 30 per cent goes to the government of Peru as a withholding tax. New Oroperu's $175,000 a year has not been able to cover its annual expenses, which amounted to $320,000 last year, and included property maintenance payments. The company conducted no exploration at all. As a result, Mr. Livingstone will need to raise some money. He remains hopeful that Barrick is slightly closer to a production decision, since 10 kilometres away, production at Barrick's Lagunas Norte gold mine has started to decline. Last year, the company produced 600,000 ounces of gold at Lagunas, down from 755,000 in 2012 and over one million in 2011. There are still 3.75 million ounces of proven and probable gold standing in Tres Cruces's way.

Kostolanys Erbe schrieb am 11.07.2014, 09:47 Uhr[/url]"]Kurs

Kostolanys Erbe schrieb am 19.06.2014, 11:37 Uhr[/url]"]Vielen Dank für Dein Statement!

Fischlaender schrieb am 19.06.2014, 10:50 Uhr[/url]"]Kenn ich gar nicht, ein interessanter Schlaefer. Das ist so ein Wert, da weiss man nie, wann was passiert. Kann morgen sein, kann in einigen Jahren sein.

Die Lagunas Norte Mine hat noch mehr als 3mio Reserven, wird also bei momentaner Produktion fuer weitere ca. 5-6 Jahre voll ausgelastet sein. Wenn das flow-sheet fuer Tres Cruces aehnlich oder gleich Lagunas ist, kann ich mir kaum vorstellen, dass Barrick da bei nur noch 5 Jahren Reserven eine neue Mine baut, sondern eher darauf spekuliert, irgenwann wenn Lagunas erschoepft ist Mill Feed von Tres Cruces zu foerdern.

Die Grades und der Cut off bei Tres Cruces sind besser und konservativer als bei Lagunas, oekonomisch sollte das also sein.

Daher wird m.E. Barrick die Option irgendwann ziehen, nur wann...
Wenn man bis zu 5 Jahre warten kann wuerde das sicher kein Verlustgeschaeft (falls Peru nicht verstaatlicht).

Kostolanys Erbe schrieb am 18.06.2014, 22:56 Uhr[/url]"]Hier mal eine Frage an unseren Hardcore -Zocker @Fischi

Anbei ein Auszug aus dem letztem MD&A von ORO:

Haben zwar kein cash...aber 2,6 Mio. Unzen und Barrick ist seit 2003 dabei und eine Option das Projekt zu 70% zu übernehmen...

oder...das ist eher meine Sichtweise

=> ORO komplett übernehmen (ORO marketcap: ca. 4,5 Mio. !!!!)

Hälst Du eine Übernahme für wahrscheinlich???

New Oroperu is an exploration stage company engaged in the identification, evaluation, acquisition and exploration primarily of gold properties in Peru. The Company is a reporting issuer in British Columbia, Alberta and Ontario and trades on the TSX Venture Exchange under the symbol ORO.

...

 

[Kostolanys Erbe]

Ohne News hoch...

Kostolanys Erbe schrieb am 17.11.2015, 21:03 Uhr[/url]"]Foran Mining recovers 93% Cu in Bigstone testing

2015-11-17 08:17 ET - News Release



Mr. Patrick Soares reports

FORAN REPORTS POSITIVE METALLURGY FOR THE BIGSTONE COPPER-ZINC DEPOSIT, HANSON LAKE CAMP

Foran Mining Corp. has provided positive results for initial metallurgical testwork on the company's 100-per-cent-owned Bigstone deposit. Bigstone is located in the Hanson Lake camp in east-central Saskatchewan, approximately 25 kilometres southwest of the company's McIlvenna Bay deposit and 85 km west of Flin Flon, Man.

The program was conducted on composite drill core samples from each of the three main styles of mineralization at Bigstone, namely the Main zone (copper), Main zone (zinc) and massive sulphides (zinc). The Main zone (copper) is the most significant of the three styles of mineralization. The program was designed to test the amenability of these styles of mineralization to produce copper and zinc concentrates. All styles of mineralization produced high-grade concentrates with good recoveries.

Highlights of the program included:

Recoveries of 93 per cent Cu, 52 per cent Au and 82 per cent Ag to a copper concentrate grading 29.2 per cent Cu, 1.9 grams per tonne Au and 118 g/t Ag from the Main zone (copper);
Recovery of 90 per cent Zn to a zinc concentrate grading 55.3 per cent Zn and recoveries of 43 per cent Cu, 48 per cent Au and 38 per cent Ag to a copper concentrate grading 29.4 per cent Cu, 7.7 g/t Au and 238 g/t Ag from the Main zone (zinc);
Recoveries of 90 per cent Zn and 73 per cent Ag to a zinc concentrate grading 54.1 per cent Zn and 471 g/t Ag from the Massive sulphides (zinc);
Mineralization is amenable to conventional flotation processes to recover the base and precious metals to saleable concentrates;
Grindability testwork indicates moderate hardness for the three styles of mineralization.


Patrick Soares, president and chief executive officer of Foran, commented: "Our winter 2015 infill drill program at Bigstone exceeded our expectations, with broad intercepts of high-grade copper and/or zinc mineralization in all holes drilled. The positive metallurgical results released today demonstrate that mineralization at Bigstone is amenable to the production of saleable copper and zinc concentrates using a conventional flotation circuit. Based on these results, Foran will review next steps to maximize the value of the Bigstone deposit."

Geology and mineralization

Bigstone consists of two main mineralized horizons: a large replacement-style sulphide body (the Main zone) interpreted to have formed below the seafloor, overlain by a zinc-rich massive sulphide horizon. The Main zone contains a copper-rich core that makes up the bulk of the deposit, consisting of coarse disseminated to semi-massive and locally veined pyrrhotite, chalcopyrite and magnetite (and/or pyrite, arsenopyrite and sphalerite). Peripherally, the Main zone appears to transition into more zinc-rich mineralization hosted primarily by stringer-style sphalerite, pyrite and pyrrhotite (and/or chalcopyrite).

Base metal sulphide mineralization at Bigstone is hosted within an intensely altered and metamorphosed volcanic assemblage with footwall quartz and/or feldspar porphyry, and hangingwall rhyolite tuffs and graphitic argillite. Stratigraphy is west-facing and upright to steeply west dipping. The Main zone occurs as a vertical to steeply south-plunging flattened cylinder up to 60 metres thick with a strike length of approximately 150 m, drill tested from 100 to 600 m below surface. Alteration through the Main zone is intense and transitional from silica-sericite to an iron-rich assemblage of chloritoid-chlorite-garnet-magnetite which tends to overprint and obscure the host rocks making identification of the primary lithologies difficult. The Main zone is stratigraphically overlain by the high-grade, zinc-rich massive sulphide horizon, which is up to 10 m thick and measures approximately 200 by 400 m.

Foran's 2015 winter campaign tested the central part of Bigstone at vertical depths of 200 to 350 m with six drill holes, all of which intersected broad intervals of copper and/or zinc mineralization (see the Foran news release dated May 20, 2015). Highlights from the 2015 winter drill campaign included:

2.0 per cent Cu over 105.0 m, including 4.1 per cent Cu over 20.4 m (BS-15-239);
2.5 per cent Cu over 53.6 m, including 4.0 per cent Cu over 12.3 m (BS-15-242);
18.4 per cent Zn over 11.8 m, including 27.0 per cent Zn over 7.6 m (BS-15-240) (1).


A historic mineral resource was estimated for Bigstone in 1990 (2). The historic resource includes 3.75 million tonnes grading 2.03 per cent Cu and 0.33 g/t Au at a 1-per-cent Cu cut-off for the Main zone and 530,000 tonnes grading 9.62 per cent Zn and 15.9 g/t Ag at a 5-per-cent Zn cut-off for the massive sulphides.

(1) True thickness is estimated at approximately 50 to 60 per cent of downhole distance.

(2) The historic resource was estimated by Cameco in 1990; Foran is not treating the historic resource as current; a qualified person within the meaning of National Instrument 43-101 has not completed sufficient work to classify the historic resource as current; additional work, including that which has been undertaken by Foran in 2015, would be required to verify and upgrade the historic resource to current.

Initial metallurgical results

Three composite samples, termed the Main zone (copper), Main zone (zinc) and massive sulphides (zinc), were collected from quartered HQ diameter core from 2015 diamond drilling on Bigstone. The program was designed to test the recovery characteristics of the three composites utilizing conventional flotation methods followed by locked cycle tests to produce copper and zinc concentrates. The results of the locked cycle tests are provided in the "Overall metallurgical response" table and are further discussed below. Bond work indices were also determined; the results are presented in the "bond work indices" table.

OVERALL METALLURGICAL RESPONSE

Main zone (copper)

Product Mass Concentrate grade Recovery

Cu Zn Ag Au Cu Zn Ag Au
(%) (%) (%) (g/t) (g/t) (%) (%) (%) (%)

Feed 100 1.85 0.10 9 0.21 100 100 100 100
Copper concentrate 5.9 29.2 0.59 118 1.8 93 35 82 52

Main zone (zinc)

Product Mass Concentrate grade Recovery

Cu Zn Ag Au Cu Zn Ag Au
(%) (%) (%) (g/t) (g/t) (%) (%) (%) (%)

Feed 100 0.70 5.22 6 0.16 100 100 100 100
Copper concentrate 1.0 29.4 2.32 238 7.7 43 0 38 48
Zinc concentrate 8.5 3.06 55.3 24 0.32 37 90 32 17

Massive sulphides (zinc)

Product Mass Concentrate grade Recovery

Cu Zn Ag Au Cu Zn Ag Au
(%) (%) (%) (g/t) (g/t) (%) (%) (%) (%)

Feed 100 0.24 10.1 108 0.29 100 100 100 100
Zinc concentrate 16.8 0.99 54.1 471 1.1 70 90 73 65





BOND WORK INDICES

Bond rod mill Bond ball mill
Composite grindability test grindability test Abrasion
work index work index
(kWh/tonne) (kWh/tonne) (g)

Main zone (copper) 15.9 13.5 0.494
Main zone (zinc) 14.9 12.5 0.481
Massive sulphides (zinc) 14.2 11.1 0.381





A total of 560 kilograms of material was shipped to Base Metallurgical Laboratories Ltd. in Kamloops, B.C., for processing. The nominal primary grind size was 100 millimetres K80, with target regrind sizes for the concentrates of 30 to 40 mm K80.

Main zone (copper)

The Main zone (copper) composite was dominated by copper mineralization with very little zinc. Flotation testing focused on production of a gold- and silver-bearing copper concentrate. Optimization of the process was limited to testing various primary grind sizes, collector types and the effect of regrind sizes. Flotation response was very robust, allowing for the use of low-cost collectors (xanthate) and simple pH modulation of the flotation circuit to control pyrite and other unwanted sulphides.

Main zone (zinc)

The Main zone (zinc) feed had copper and zinc concentrations that required production of separate concentrates. The copper concentration in the feed was considerably lower than the zinc. Limited optimization was conducted on this sample, focused on controlling zinc recovery to the copper concentrate and producing high-grade zinc concentrates.

The initial results were very encouraging, demonstrating very good zinc flotation performance. The copper circuit produced a high-grade copper concentrate, with lower recoveries. This style of mineralization would benefit from further optimization testing focusing reagent and regrind optimization in the copper and zinc.

Massive sulphides (zinc)

The Massive sulphide (zinc) composite had a high zinc concentration, with relatively low levels of copper; the sample contained abundant iron sulphides.

Flotation testing was focused on production of only a zinc concentrate from this mineralization. Batch testing investigated the effect of regrind on the rougher concentrate and effect of elevated pH in the cleaner circuit. The test results indicated that elevated pH levels and the use of more selective collectors were beneficial (dithiophosphates), resulting in the production of higher grade zinc concentrates.

Bond work indices

Bond rod mill work index determinations for the composites ranged from 14.2 kilowatt-hours per tonne to 15.9 kWh/tonne, with an average of 15.0 kWh/tonne. Bond ball mill work index determinations for the composites ranged from 11.1 kWh/tonne to 13.5 kWh/tonne, with an average of 12.4 kWh/tonne ("bond work indices" table). Based on these results the mineralization would be considered to have a moderate hardness from a rod and ball milling perspective.

Laboratory and qualified persons

The program was conducted at Base Met Labs. Tom Shouldice, PEng, principal metallurgist of Base Met Labs and a qualified person within the meaning of National Instrument 43-101, supervised the program. Mr. Shouldice has reviewed and approved the technical information relating to the program in this release.

Roger March, PGeo, vice-president, project exploration for Foran, and a qualified person within the meaning of National Instrument 43-101, supervised the collection of sample material for the program and has reviewed and approved the technical information, other than that related to the program, in this release.



http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aFOM-2326382&symbol=FOM&region=C


Foran Mining director Summach resign

2015-11-16 17:00 ET - News Release



Mr. Patrick Soares reports

FORAN REPORTS THIRD QUARTER 2015 RESULTS & ANNOUNCES DIRECTOR RESIGNATION

Foran Mining Corp. today released its financial results for the three-month period ended Sept. 30, 2015. The company recorded a net loss of $274,757 or nil per share (basic and diluted). This compares with a net loss of $313,209 or nil per share (basic and diluted) for the three-month period ended Sept. 30, 2014.

As at Sept. 30, 2015, the company had a total of $1.4-million in cash and cash equivalents, and working capital totalled $1.4-million.

The unaudited condensed consolidated interim financial statements for the nine-month period ended Sept. 30, 2015, along with management's discussion and analysis, have been filed on SEDAR.

The company also announces that, effective immediately, Brad Summach has resigned as a director of the company to pursue other opportunities. Mr. Summach served as a director of Foran since February, 2005, and as president from April, 2009, to November, 2010.

Patrick Soares, president and chief executive officer of Foran, commented: "On behalf of the board and management of Foran, I would like to sincerely thank Brad for his many contributions to the company over the past decade. We wish him all the best in his future endeavours."

http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aFOM-2326134&symbol=FOM&region=C

Kostolanys Erbe schrieb am 09.11.2015, 21:18 Uhr[/url]"]Immer noch keine News...und der Kurs erreicht ein neues Tief!


» zur Grafik

Kostolanys Erbe schrieb am 05.10.2015, 21:49 Uhr[/url]"]Bei Foran Mining sollten laut letzter News bald neue News kommen...



Foran completes summer work program at Bigstone

2015-09-08 16:28 ET - News Release



Mr. Patrick Soares reports

FORAN BIGSTONE DEPOSIT UPDATE

Foran Mining Corp. is providing an update on advancements at the company's 100-per-cent-owned Bigstone copper-zinc deposit, located 25 kilometres southwest of Foran's McIlvenna Bay deposit in the Hanson Lake camp of east-central Saskatchewan.

Foran has now completed a summer program, which included the relogging/verification of select historic drill holes, petrographic studies of sulphide mineralization by an independent consultant, sampling of 2015 drill core for metallurgical testwork and the collection of detailed specific gravity data through the mineralized intervals from the 2015 winter drill program, in anticipation of completing a mineral resource estimate. Further compilation and geological interpretation of historic data to identify additional targets for subsequent exploration programs throughout Foran's 11,126-hectare Bigstone property are in progress.

Foran has awarded the contract for metallurgical testwork to Base Met Labs of Kamloops, B.C. This work is well under way, and a report is expected to be received by the company in early fourth quarter 2015.

Pending positive metallurgical results, Foran intends to proceed with a mineral resource estimate for Bigstone.

Roger March, vice-president, project exploration, for Foran and a qualified person within the meaning of National Instrument 43-101, has reviewed and approved the technical information in this release.


http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aFOM-2309837&symbol=FOM®ion=C


Charttechnisch sieht es nach einem doppelten Test der 0,10 CAN$ Marke nach einer Bodenbildung um die 0,10 CAN$ aus.


» zur Grafik


Insidergeschäfte:

Aug 31/15 Aug 28/15 March, Roger Bursell Direct Ownership Common Shares 10 - Acquisition in the public market 25,000 $0.113
Aug 31/15 Aug 26/15 Fleming, David Bruce Direct Ownership Common Shares 10 - Acquisition in the public market 20,000 $0.115
Aug 18/15 Aug 17/15 Morcombe, Darren James Direct Ownership Common Shares 10 - Acquisition in the public market 500 $0.135
Aug 14/15 Aug 13/15 Morcombe, Darren James Direct Ownership Common Shares 10 - Acquisition in the public market 19,500 $0.135
Aug 13/15 Aug 12/15 Morcombe, Darren James Direct Ownership Common Shares 10 - Acquisition in the public market 25,500 $0.135
Aug 7/15 Aug 6/15 Morcombe, Darren James Direct Ownership Common Shares 10 - Acquisition in the public market 500 $0.135
Jul 26/15 Jul 24/15 Morcombe, Darren James Direct Ownership Common Shares 10 - Acquisition in the public market 70,000 $0.135
Jul 20/15 Jul 17/15 Morcombe, Darren James Direct Ownership Common Shares 10 - Acquisition in the public market 100,000 $0.140
Jul 20/15 Jul 17/15 Morcombe, Darren James Direct Ownership Common Shares 10 - Acquisition in the public market 30,000 $0.135
Jul 14/15 Jul 13/15 Soares, Patrick Direct Ownership Common Shares 10 - Acquisition in the public market 30,000 $0.150 -

https://www.canadianinsider.com/company?menu_tickersearch=fom

 

[Kostolanys Erbe]

Algold, Gryphon extension to property agreement



2016-02-22 16:12 ET - Property Agreement



The TSX Venture Exchange has accepted for filing the documentation relating to an arm's-length option extension agreement with Gryphon Minerals Ltd. dated Feb. 11, 2016, giving the company an extension of the option granted to the company in October, 2015, to acquire three Mauritanian exploration licences and Gryphon's 60-per-cent interest in Shield Saboussiri Mining Mauritania SA. The company may now exercise the option at any time on or before March 23, 2016. As consideration for this extension, the company has issued 300,000 common shares to Gryphon.

The company disclosed the above-mentioned extension in a news release dated Feb. 12, 2016.


http://www.stockwatch.com/News/Item.aspx?bid=Z-C:ALG-2347912&symbol=ALG&region=C

Kostolanys Erbe schrieb am 12.02.2016, 19:50 Uhr[/url]"]

Algold receives extension of option on Gryphon licences



2016-02-12 08:37 ET - News Release


Mr. Francois Auclair reports

ALGOLD ANNOUNCES EXTENSION OF OPTION ON GRYPHON MINERALS' MAURITANIAN EXPLORATION LICENCES


Graphen Minerals Ltd. has agreed to an extension of the option granted to Algold Resources Ltd. in October, 2015. Under the option, Algold's wholly owned subsidiary, Kanosak Barbados Inc., may acquire Gryphon's Mauritanian Tijirit and Akjoujt exploration licences (permit No. EL447, No. EL1117 and No. EL448), which are approximately 2,200 square kilometres in size, as well as Gryphon's 60-per-cent interest in Shield Saboussiri Mining Mauritania SA, an entity that owns a joint venture with respect to the Saboussiri project (permit No. EL236, No. EL879 and No. EL1074). Algold may now exercise the option at any time on or before March 23, 2016.

As consideration for this extension, Algold has issued 300,000 common shares to Gryphon.

We seek Safe Harbor.


http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aALG-2346010&symbol=ALG&region=C

Kostolanys Erbe schrieb am 09.12.2015, 03:04 Uhr[/url]"]

Algold, Gryphon property agreement



2015-12-08 16:43 ET - Property Agreement


The TSX Venture Exchange has accepted for filing the documentation relating to an arm's-length option agreement with Gryphon Minerals Ltd. dated Oct. 28, 2015, giving the Company a 90-day option to purchase three Mauritanian mining licences and Gryphon's 60-per-cent interest in Shield Saboussiri Mining Mauritania SA, in consideration of 1,666,666 shares for the grant of the option, 8.7 million shares upon exercise of the option, a payment of $1.5-million (payable at the option of the company either in cash or through the issuance of up to 12.5 million shares) upon the achievement of milestones and an additional cash payment of $1.5-million upon the achievement of additional milestones.

The company disclosed the terms of the transaction in a news release dated Oct. 28, 2015.



http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aALG-2333048&symbol=ALG&region=C

Kostolanys Erbe schrieb am 27.11.2015, 02:16 Uhr[/url]"]Algold Resources completes surveys in Mauritania



2015-11-25 10:23 ET - News Release



Mr. Francois Auclair reports

ALGOLD PROVIDES AN UPDATE ON MAURITANIA EXPLORATION

Algold Resources Ltd. has provided an update on its third quarter/fourth quarter 2015 exploration program currently under way on both the Kneivissat and Legouessi properties in Mauritania. Algold has just completed its 72-line-kilometre IP geophysical survey as well as a 75-line-kilometre ground magnetic survey over parts of its Legouessi and Kneivissat properties. Concurrently with the geophysical survey, a geological mapping and rock chip sampling program was undertaken with a total of 50 samples collected and sent for analysis at ALS Laboratories (assays pending). A full report from Algold's geophysical consultant is expected prior to year-end.

The recent mag survey covered part of the LC prospect, a newly identified mineralized area situated to the northeast of the SL prospect on the Legouessi property. This area was not included in the course of previous geophysical surveys carried out by Caracal between 2007 and 2011. In addition, this latest IP survey covered both Legouessi LC and SL prospects as well as the KC-LSO prospect. The LC prospect extrapolation map of the 150-metre vertical depth contour shows two major IP chargeability anomalies. The most important anomaly is situated in the northeast sector of the area surveyed, indicating a chargeable unit that is parallel to the main east-west lithotectonic orientation. A number of rock outcrops were mapped in the same area displaying copper sulphide mineralization. On one of the rock outcrops, the presence of copper, gold and silver mineralization was noted.

The second anomaly trending northwest-southeast is situated in the northwestern portion of the surveyed land. This chargeability anomaly is parallel to the main lithotectonic orientation and is coincident to high resistivity. This same area yielded a number of gold-bearing rock samples during Algold's previous mapping program (reference: Algold's press release dated March 3, 2015).

"The presence of lapillis tuffs with copper-gold-bearing mineralization associated with a large chargeable unit is an indicator of the potentiality of a gold-rich VMS type structure in the LC prospect area," said Francois Auclair, chief executive officer, Algold. "Owing to consistent positive information and results from exploration, we remain very optimistic about the future potential of our permitted properties in Mauritania."

Algold anticipates the commencement of an RC drilling program on the very promising KC-LSO, LC and SL prospects immediately following reception of both the geophysical report and assays results in early first quarter 2016.

Adjustment to Algold's participation in Legouessi exploration licence joint venture company

In accordance with an earn-in agreement entered into on Oct. 20, 2015, the corporation acquired a 51-per-cent interest in Norex, a newly incorporated joint venture company, 49 per cent owned by Caracal, to own, explore, develop and operate the Legouessi exploration licence. Subsequent to the incorporation of Norex, the corporation entered into an agreement whereby Wafa waived the $200,000 (U.S.) payment required in accordance with the January, 2013, agreement in exchange for a fixed 5.1-per-cent participation in Norex, thus bringing Algold's participation to 45.9 per cent.

Shares issued for settlement of debt

Algold also announces that it has completed a transaction under which $15,000 in debt owed by Algold to an arm's-length third party in connection with professional services rendered to the corporation has been converted into a total of 100,000 common shares at a price of 15 cents each.

Quality assurance/quality control (QA/QC)

Analytical work for soil geochemical samples and rock chip samples is carried out at the independent ALS Abilab Laboratories Ltd. in Bamako, Mali. Samples are stored at Algold's field camp and put into sealed bags until delivered by a geologist to the ALS preparation laboratory in Nouakchott, Mauritania. RC samples were combined to create two-metre composite samples. QA/QC procedures are followed and 2 per cent gold standard, 2 per cent blank and 2 per cent duplicates are added to the samples batch. Soil samples are sieved and prepared for shipping to Bamako. In Bamako, samples are crushed and pulverized to 200 mesh (80 micron) and a 30-gram split is analyzed by fire assay with an AA finish. ICP analysis are conducted at the ALS Chemex Vancouver laboratory.

Blanks and duplicates are used to monitor laboratory performance during the analysis. Analytical work for the drilling program conducted by Caracal was carried out at the ALS Irish laboratory under the supervision of a senior geologist.

This press release has been reviewed for accuracy and compliance under National Instrument 43-101 by Andre Ciesielski, DSc, PGeo, Algold Resources Ltd., lead consulting geologist and qualified person.

http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aALG-2328629&symbol=ALG&region=C



Algold Resources 100,000 shares for services



2015-11-25 20:13 ET - Shares for Debt



The TSX Venture Exchange has accepted for filing the company's proposal to issue 100,000 common shares at a deemed price of 15 cents per share, in consideration of certain services provided to the company.


Number of creditors: one creditor


For more information, please refer to the company's news release dated Nov. 25, 2015.

http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aALG-2328926&symbol=ALG&region=C

Kostolanys Erbe schrieb am 28.10.2015, 21:30 Uhr[/url]"]Algold to acquire two Au licences in Mauritania

2015-10-28 10:18 ET - News Release



Mr. Francois Auclair reports

ALGOLD ANNOUNCES STRATEGIC ACQUISITION OF GRYPHON MINERALS' MAURITANIAN EXPLORATION LICENCES

Algold Resources Ltd.'s wholly owned subsidiary, Kanosak Barbados Inc., has entered into an arm's-length option agreement under which it has been granted a 90-day option to acquire from Gryphon Minerals Ltd. the Mauritanian Tijirit and Akjoujt exploration licences (permit numbers EL447, EL1117 and EL448), which are approximately 2,200 square kilometres in size.

Most importantly, this transaction will strengthen Algold's land position to 3,000 square kilometres in the Aoueouat Archean greenstone belt (Reguibat Shield) through the acquisition of the Tijirit property. This belt hosts the world-class Tasiast gold deposit with has proven and probable reserves of 9,644,000 ounces gold (175,533 tonnes at 1.71 grams per tonne Au) (Tasiast technical report dated March 31, 2014, see Kinross's website). Algold's qualified person is unable to verify this information with respect to Tasiast, which is not necessarily indicative of the mineralization on Tijirit. The option agreement also allow Algold to acquire the Akjoujt project, which is situated 30 kilometres east of First Quantum's Guelb Moghrein copper/gold mine (23.7 million tonnes grading 1.88 per cent copper and 1.41 g/t Au).

The Tijirit property comprises exploration licences No. 447 and No. 1117, with areas of 1,000 square kilometres and 460 square km, respectively. Tijirit is situated approximately 30 km southeast of the Tasiast gold deposit. Tijirit is considered a brownfield site owing to the more than 35,000 metres of reverse circulation and 3,500 m of diamond drilling that have been carried out on the property. Past exploration indicates a number of highly promising drill results on four gold prospects: Sophie I to II, Sophie III, Lily and Eleanor. Historical drill intersection highlights include SRC47: 16 m at 2.47 g/t Au, SRC24: 14 m at 4.01 g/t Au at Sophie I, LRC17: 16 m at 2.8 g/t Au at Lily and ERC4: six m at 17.63 g/t Au at Eleanor.

Akjoujt comprises exploration licence No. 448 and covers an area of 749 square km. Historical exploration performed on this property by Gryphon included more than 14,000 soil samples, 75 trenches and 18 RC by BRGM, and 15 RC for 879 m. Historical trenching highlights include 28 m at 3.51 g/t Au.

The agreement also grants an option to acquire Gryphon's 60-per-cent interest in Shield Saboussiri Mining Mauritania SA, an entity that owns a joint venture with respect to the Saboussiri project (permits No. EL236, No. EL879 and No. EL1074). Under the agreement, Algold may exercise its option on the Tijirit and Akjoujt exploration licences without also acquiring Gryphon's interest in Shield. If Algold exercises its option only in part, the consideration described below will remain unchanged.

Exploration completed on Saboussiri, comprising exploration licences No. 236 (33 square km), No. 879 (187 square km) and No. 1074 (971 square km), includes about 12,226 soil samples, five trenches, and four RC (707 m) and 11 diamond drill (1,411 m) holes. Historical drilling highlights include 22.3 m at 2.1 per cent copper, 12.7 m at 2.94 per cent Cu, 35 m at 1.44 per cent Cu and 33 m at 1.43 per cent Cu. (Assay results reference: Gryphon's press releases dated Aug. 5, 2013, and Dec. 12, 2014, and annual report dated Oct. 18, 2011.)

For the fiscal year ended June 30, 2015, Shield had net assets of $180,000, an intercompany loan of $4.6-million (that loan being its only material liability), shareholder equity of negative $4.4-million, no revenues and a net loss of $60,000 (all amounts are approximate and were converted from Mauritanian ouguiya as of Oct. 27, 2015).

"The exploration licences are an excellent addition to our highly prospective Legouessi and Kneivissat properties in Mauritania. Our already significant land portfolio within the mineral-rich Archean greenstone belt triples to more than 4,000 square km," stated Algold's president and chief executive officer, Francois Auclair. "Moreover, previous exploration conducted on the new properties serves to accelerate Algold's development in just a few short months. In a very challenging market, we are pleased with the opportunity to accelerate value creation for our shareholders."

The consideration payable by Algold under the agreement consists of the following:

1,666,666 Algold common shares in consideration of the option to be issued upon receipt of approval of the terms of the agreement from the TSX Venture Exchange;
8.7 million common shares upon the exercise of the option;
A payment of $1.5-million, payable at the option of Algold either in cash or through the issuance of up to 12.5 million common shares upon the earlier of:The date that is 90 days after Algold announces that there is a National Instrument 43-101-compliant mineral resource (of any one or more categories of measured, indicated or inferred) of 500,000 ounces on a gold-equivalent-ounce basis at any of the properties or combination thereof;
The later of the date which falls 15 months from the date of the agreement (but only if Algold has exercised the option) and the date on which the Mauritanian authorities communicate the renewal of the licences with respect to the properties;

An additional cash payment of $1.5-million, payable within 90 days of achieving an NI 43-101-compliant mineral resource (of any one or more categories of measured, indicated or inferred) of one million ounces on a gold-equivalent-ounce basis at any of the properties or combination thereof.


The issue price of any milestone shares issued under the agreement will be the greater of the 20-day volume-weighted average price of the common shares on the TSX Venture Exchange up to the last business day before Algold's election to issue those milestone shares; and 12 cents. Algold has agreed not to issue to Gryphon a number of milestone sha
res that would cause Gryphon to become a new control person (as defined in the TSX-V's policies). If, as a result, Algold is unable to make the payment described above at item solely through the issuance of milestone shares, it must pay the shortfall in cash.

The Saboussiri property is subject to a right of first refusal in favour of a third party. If that right is exercised, Gryphon shall pay Algold an amount equal to that which Gryphon receives from the third party pursuant to the exercise of the pre-emptive right.

The granting of the option and the completion of this acquisition are conditional upon receiving TSX-V approval. All common shares issued under the agreement will be subject to a four-month hold period.

Quality assurance/quality control

This press release has been reviewed for accuracy and compliance under National Instrument 43-101 by Andre Ciesielski, PGeo, DSc, Algold Resources' lead consulting geologist and qualified person.

http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aALG-2319860&symbol=ALG&region=C

Kostolanys Erbe schrieb am 26.10.2015, 20:49 Uhr[/url]"]Nachtrag:

Algold Resources appoints Milmeister to board

2015-10-22 12:22 ET - News Release

Mr. François Auclair reports

DARIN MILMEISTER APPOINTED TO ALGOLD BOARD OF DIRECTORS

Algold Resources Ltd. has appointed Darin Milmeister to its board of directors. Mr. Milmeister fills the board vacancy as a result of John Sabine retiring from the board. While Mr. Sabine is no longer a board member, he has been appointed to a newly created advisory board of the corporation along with Thierry Vergnol, who is a director of the corporation's Mauritanian subsidiary.

Mr. Milmeister is the founder and managing partner of Extract Capital, a resource investment fund based in New York. Algold chairman Benoit La Salle commented: "We are pleased to welcome Darin to Algold's board and look forward to his contributions. He is an accomplished portfolio manager and research analyst who brings to the board years of capital markets and investment experience in the mining industry.

"On behalf of Algold's board of directors and the entire management team, I would also like to recognize John Sabine's many contributions to the corporation's development during his long tenure of service on the board," said Mr. La Salle. "We are deeply indebted to John for his leadership and dedication to Algold, and are grateful that he will continue to contribute to the development of the corporation in his new capacity as member of Algold's advisory board."


http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aALG-2318739&symbol=ALG&region=C

http://www.extractcapital.com/

Kostolanys Erbe schrieb am 17.09.2015, 20:51 Uhr[/url]"]
Algold begins exploration at Kneivissat, Legouessi

2015-09-17 13:17 ET - News Release

Mr. Francois Auclair reports

ALGOLD RESOURCES LTD, COMPLETES REQUIREMENTS OF THE CARACAL EARN-IN AGREEMENT & PROVIDES UPDATE ON Q3 2015 EXPLORATION PROGRAM IN MAURITANIA

Algold Resources Ltd. has made progress on its third quarter 2015 exploration program in Mauritania, including work being carried out on both the Kneivissat and Legouessi properties.

During first quarter 2015, Algold completed its phase I exploration program on the Legouessi property, in accordance with the terms of the Caracal gold earn-in agreement, and, as a result, has earned its 51-per-cent participating interest in the Legouessi property. The interest in Legouessi will be held by a newly incorporated joint venture company, in which Algold will initially hold 51 per cent, with the balance held by Caracal. Under the terms of the agreement, Algold can increase its participation in the joint venture to 75 per cent and then 90 per cent, upon the completion of the phase II exploration program (for details, see press release dated Oct. 10, 2013).

In third quarter 2015, Algold initiated an extended field exploration program on both the Kneivissat and Legouessi properties, consisting of: a detailed IP (induced polarization) geophysical survey, detailed geological mapping, and limited trenching and sampling. In total, a 100-kilometre line survey will be carried out over the four main prospects: KC-LSO, NL, LC and SL (map details at Algold website). The principal objective of this exploration work is to delineate, with better accuracy, the chargeable units observed in the course of the 2014 IP survey and overlay them with the drilling results completed in second quarter 2014.

The results of the IP and mapping surveys will allow Algold to better estimate the size and orientation of the chargeable units, and target more efficiently the reverse circulation drilling program, anticipated to start in early Q1 2016.

Quality assurance/quality control (QA/QC)

Analytical work for soil geochemical samples and rock chip samples is carried out at the independent ALS Abilab Laboratories Ltd. in Bamako, Mali. Samples are stored at Algold's field camp and put into sealed bags until delivered by a geologist to the ALS preparation laboratory in Nouakchott, Mauritania. RC samples were combined to create two-metre composite samples. QA/QC procedures are followed, and 2 per cent gold standards, 2 per cent blanks and 2 per cent duplicates are added to the sample batch. Soil samples are sieved and prepared for shipping to Bamako. In Bamako, samples are crushed and pulverized to 200 mesh (80 microns), and a 30-gram split is analyzed by fire assay with an AA (atomic absorption) finish. ICP (inductively coupled plasma) analysis is conducted at the ALS Chemex Vancouver laboratory.

Blanks and duplicates are used to monitor laboratory performance during the analysis. Analytical work for the drilling program conducted by Caracal was carried out at the ALS Ireland laboratory under the supervision of a senior geologist.

This press release has been reviewed for accuracy and compliance under National Instrument 43-101 by Andre Ciesielski, DSc, PGeo, Algold Resources Ltd. lead consulting geologist and qualified person.


http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aALG-2311860&symbol=ALG&region=C

Kostolanys Erbe schrieb am 09.06.2015, 08:01 Uhr[/url]"]Algold Resources Ltd
Symbol C : ALG
Shares Issued 47,080,671
Close 2015-06-03 C$ 0.185
Recent Sedar Documents
View Original Document
Algold closes two private placements for $2.51-million

2015-06-04 11:27 ET - News Release

Mr. Benoit LaSalle reports

ALGOLD ANNOUNCES CLOSING OF A $2.5 MILLION PRIVATE PLACEMENT

Algold Resources Ltd. has closed its previously announced brokered private placement financing, conducted through a syndicate of agents led by Beacon Securities Ltd. and including Paradigm Capital Inc., of 7,319,772 units at a price of 22 cents per unit for gross proceeds to the corporation of $1,610,349.84. Concurrent with the brokered private placement, the corporation closed a non-brokered private placement of 4,102,152 units at a price of 22 cents per unit for additional gross proceeds to the corporation of approximately $902,473, and together with the brokered private placement, total gross proceeds to the corporation of approximately $2,512,823. Each unit consists of one common share of Algold and one share purchase warrant entitling the holder to subscribe for one share at a price of 30 cents for a period of 18 months from the closing date of the offering.

The corporation paid to the agents a cash commission of 7 per cent of the gross proceeds raised in connection with the brokered portion of the offering, and issued to the agents a number of compensation options equal to 7 per cent of the units issued in connection with the brokered portion of the offering, with each option entitling the agents to subscribe for one unit at a price of 22 cents for a period of 12 months from the closing date of the offering.

These securities were issued under applicable prospectus exemptions, and will be subject to a statutory hold period of four months and one day from closing of the placement.

Algold's chief executive officer, Francois Auclair, commented, "The announced financing will enable Algold to build on its existing exploration results, and to meet additional corporate objectives through the ongoing systematic exploration of our properties in Mauritania." Algold's chairman of the board, Benoit LaSalle, added, "Our ability to complete this financing under the current market conditions for gold exploration companies reflects a strong and ongoing commitment from both current and new investors to Algold's corporate objectives and its management team."

© 2015 Canjex Publishing Ltd. All rights reserved.

http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aALG-2285794&symbol=ALG&region=C

Kostolanys Erbe schrieb am 22.05.2015, 00:55 Uhr[/url]"]Neuvorstellung & auf meiner Watchlist gelandet:


Algold Resources:


Algold Resources Ltd. – (TMX : ALG) is a mineral exploration company engaged in the acquisition, exploration and development of African mineral properties. ALG is a publicly traded company listed TSX Venture Exchange. The company has recently acquired:

Two valuable properties in close proximity of the Tasiast mine in Mauritania,

Two strategic properties in Burkina Faso,

http://algold.com/

Bekommen in dieser Marktphase schnell mal $$$

Algold Announces Up to $3 Million Overnight Marketed Private Placement Financing

MONTREAL, May 13, 2015 /CNW/ - Algold Resources Limited (ALG: TSXV – the "Corporation" or "Algold") www.algold.com is pleased to announce that it has appointed a syndicate of agents (the "Agents") led by Beacon Securities Limited and including Paradigm Capital Inc. as its agents to sell, by private placement on an overnight marketed basis, units (the "Units") of Algold at a price (the "Issue Price") to be determined in the context of the market for gross proceeds of up to approximately CDN$3,000,000 (the "Offering"). Each Unit will be comprised of one common share (a "Common Share") in the capital of the Corporation and one common share purchase warrant, each entitling the holder thereof to acquire a Common Share at a price to be determined in the context of the market for a period of 18 months from the closing of the Offering.

The net proceeds from the Offering are intended to be used to advance the Kneivissat and Legouessi properties for working capital and general corporate purposes.

The Company has agreed to pay the Agents a cash fee equal to 7.0% of the gross proceeds from the Offering. As additional compensation, the Agents will be issued compensation options entitling the Agents to purchase that number of Common Shares equal to 7.0% of the number of Units sold under the Offering exercisable at Issue Price for a period of 12 months from the closing date of the offering.

The closing of this equity offering is expected to occur on or the week of May 25, 2015 and is subject to receipt of all necessary regulatory approvals. The Units, including all underlying securities thereof, and the compensation options issued with respect to the Offering will be subject to a four month hold period in accordance with applicable Canadian securities laws.

This news release does not constitute an offer of securities for sale in the United States. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and such securities may not be offered or sold within the United States absent U.S. registration or an applicable exemption from U.S. registration requirements.

ABOUT ALGOLD

Algold Resources Ltd is focused on the exploration and development of gold deposits in West Africa. The board of directors and management team are seasoned resource industry professionals with extensive experience in the exploration and development of world-class gold projects in Africa.

Algold is the operator on both the Kneivissat and Legouessi Properties. The Kneivissat property is 90% owned by Algold and the Legouessi property is being managed through a 51% earn-in interest agreement with Caracal (Electrum Group Companies). Algold can earn up to a 90% interest in the Legouessi exploration permit (see October 10, 2013 press release for more details), however, Caracal has the right to participate in the joint venture at either 51% or 75%, by funding its share of expenditures.

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Aktuelle Präsentation:


http://algold.com/wp-content/uploads/2015/05/Presentation-Algold.pdf


Hauptgrund für die Watchlist ist der Typ

Mr. La Salle is the President and CEO of Windiga Energy, a company involved in renewable resource development in Africa. He is also founder of SEMAFO (a TSX-listed company), and a well-known mining entrepreneur in Canada and Africa. Mr. La Salle grew SEMAFO from junior explorer to a +250,000 ounces per year gold producer in West Africa (3 mines). Mr. La Salle is the Chairman of Sama Resources exploring for Nickel in Cote d’Ivoire, and Chairman of Canadian Council on Africa. M La Salla was co-founder in 1980 and a partner until 2004 of Grou, La Salle & Associates CA (“GLA”), based in Montreal (Quebec), an accounting firm offering audit and accounting services, with a strong emphasis on financial and corporate reorganization and the implementation of international corporate structures. The firm grew from two original partners to a staff of over 50.

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