07:00 Hornbach Holding Ergebnis 1H | KWS Saat Geschäftsbericht 08:00 DE: GfK-Konsumklimaindikator Oktober PROGNOSE: -26,0 Punkte zuvor: -25,5 Punkte 08:45 FR: Verbrauchervertrauen September PROGNOSE: 85 zuvor: 85 10:00 EU: EZB, Geldmenge M3 und Kreditvergabe August Geldmenge M3 PROGNOSE: -0,9% gg Vj zuvor: -0,4% gg Vj 10:00 EU: EZB-Rat ohne geldpolitische Beschlussfassung 11:00 DE: Bundesregierung, Kabinettssitzung, Berlin 11:30 EU: EZB, Zuteilung 3-monatiger Langfrist-Refi-Tender 11:30 DE: Auktionsergebnis Aufstockung Bundesanleihe über 4 Mrd Euro mit Fälligkeit 01.08.2033 zu einem Zinssatz von 2,60% 13:00 DE: Bundeskanzler Scholz, Vertreter der chemischen Industrie, Chemiegipfel, Berlin 13:00 DE: Bundestag, Plenum mit Regierungsbefragung von Bundesfinanzminister Lindner, Berlin 13:00 DE: Regierungs-PK 14:00 DE: Zentralverband des Deutschen Baugewerbes, Deutscher Baugewerbetag, Berlin 14:15 DE: Beauftragter der Bundesregierung für Ostdeutschland, Schneider, Vorstellung des Jahresberichts zum Stand der deutschen Einheit, Berlin 14:30 US: Auftragseingang langlebiger Wirtschaftsgüter August PROGNOSE: -0,5% gg Vm zuvor: -5,2% gg Vm 16:30 US: Rohöllagerbestandsdaten (Woche) der staatlichen Energy Information Administration (EIA)
- Meas + Ind: 3,070,000 oz Au & 759 million lbs Cu
- Inferred: 3,890,000 oz Au & 663 million lbs Cu
- Global metal content of 10,750,000 oz GEO¹
•Deposit still open in size
• PEA Highlights:
– Avg. 327,000 Au-eq¹ ounces/yr over a 19 yr mine life
– NPV8 ,$316 million (@ $900 gold price and $2.25/lb.Cu)
– IRR, 15.7% (@ $900 gold price and $2.25/lb.Cu)
Additional exploration drilling, long lead time EIA/SIA for feasibility studies underway
Galway drills 121.5 meters of 2.7 g/t along its boundary with Ventana, and 25.0 meters of 3.6 g/t gold in San Celestino
Galway Resources Ltd GWY
9/8/2010 6:30:00 AM
TORONTO, Sep. 8, 2010 (Canada NewsWire via COMTEX News Network) --
Galway Resources Ltd. (GWY: TSX-V) is pleased to announce results from an additional 12 drill holes from the first phase of its diamond drill exploration program on the Company's California district property in Colombia. Included in these drill results is the intersection of significant gold mineralization in the Northeast Zone, located along its eastern boundary with Ventana Gold, as well as in the San Celestino Zone, located approximately 1.0 kilometer to the southwest and along trend in the growing California gold camp of Colombia.
"Galway is so encouraged by the exploration results received to date, it has brought in a third drill rig to provide the flexibility it needs to quickly follow up on its early successes. We plan on having one drill rig focusing on each of the three zones at California; the Northeast Zone, the Pie de Gallo Zone and the San Celestino Zone. With this focus the Company fully expects to expand on the strong exploration results it has achieved," cites Robert Hinchcliffe, President and CEO of Galway Resources.
Northeast Zone
Drill holes GWY-30, GWY-32, and GWY-36 were collared in the northeast corner of the property, drilled due south, just inside the boundary with Ventana, with that company concurrently drilling just on the other side of the boundary. Hole GWY-37 was drilled from the same location but fanned out more to the west (refer to the drill hole location map in Figure 1 (http://www.galwayresources.com/i/pdf/NR_Fig1.pdf), the location map of significant intercepts in Figure 2 (http://www.galwayresources.com/i/pdf/NR_Fig2.pdf) and highlights of the latest drill results in Table 1 (http://www.galwayresources.com/i/pdf/NR_Table1.pdf)).
Highlights from Galway's latest results in the Northeast Zone include the following:
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 8, 2010) - Nevada Copper Corp. (TSX:NCU) ("Nevada Copper") announces positive drill results at the 100% owned Pumpkin Hollow Property located in Nevada. The following drilling results are from the open pittable North Deposit. To date, results from 68 of an estimated 83 drill holes to be drilled have been reported.
NC10-62 was drilled to follow up the recently discovered mineralization in NC10-31 and NC10-52 located in the southwestern portion of the open pittable North Deposit. NC10-62 intersected 1,258.5 feet (383.6 meters) of 0.58% copper in four separate zones. The largest of the zones intersected 751.5 feet (229.1 meters) averaging 0.59% copper. This zone included a higher grade interval of 95 feet (28.9 meters) averaging 1.51% copper. The mineralization remains open and follow up drilling is currently in progress.
Drilling along the northern edge of the North Deposit also continues to produce positive results. Holes NC10-59 and NC10-60 have expanded the mineralization and confirmed continuity. NC10-59 intersected 110 feet (33.5 meters) 21.5 meters true thickness averaging 1.96% copper. The mineralization remains open in the north central and northeastern portions of the North Deposit. NC10-51 drilled as a step-out has defined the western edge of the deposit.
"We are extremely pleased with the success of the drilling program in the North Deposit. The expansion of mineralization will have a positive impact on both the resource and project economics. Follow up drilling has commenced in order to determine the extent of this recently discovered mineralization which remains open," commented Gregory French, Vice President, Senior Project Manager of Nevada Copper.
The Yuan goes Global
Submitted by Julian Phillips on Mon, 6 Sep 2010
We discussed just how Chinese exporters and importers could turn from a U.S. Dollar price to a Yuan price, thus emasculating the U.S. Dollar as quickly as it takes for banks and international traders to price their goods in the Yuan. If they act too quickly, the consequences could be chaotic for global foreign exchanges. If handled carefully the Dollar’s international use will simply fade, producing major internal problems as these Dollars come home.
A number of the world's biggest banks have launched international road shows promoting the use of the Yuan to corporate customers instead of the Dollar for trade deals with China. HSBC and Standard Chartered are offering discounted transaction fees and other financial incentives to companies that choose to settle trade in the Yuan. Both banks are now capable of doing Yuan settlement in many parts of the world. All the other major international banks [such as Citigroup and JPMorgan] are rushing to join the fray with their own road shows. Beijing wants this to happen now. Chinese central bank officials are backing the banks in their efforts. Next year and beyond should see the Yuan standing next to the Euro and the U.S. Dollar on foreign exchanges.
Cross-border trade in Yuan totaled Yuan70.6 billion [$10 billion] in the first half of the year, 20 times the Yuan 3.6 billion recorded in the second half of 2009. The eventual potential of global Yuan settled trades is 40 times this new level at $2,800 billion worth of goods and services settled in the U.S. Dollar and the Euro.
What will a Global Yuan lead to?
The development of the Yuan market will be rapid and very dramatic. Before we begin to discuss the consequences of this change to global trade let’s reflect on some salient facts.
* For every Yuan transaction in Chinese trade, there will be one less U.S. Dollar or Euro trade.
* As with the U.S. Dollar international market, there will develop an offshore Yuan market. [MacDonald’s (burger) has already achieved a Yuan raising offering]
* The Yuan will be capable of being used between among countries outside China in trade between themselves.
* Capital markets will always favor currencies that are based on a strong growing economy.
* Once international, the Yuan will take its place in central bank reserves.
Those are the facts, but what are the consequences for the global economy, the U.S. Dollar in international trade, Capital markets and as the globe’s sole reserve currency?
The Consequences of a Global Yuan
The consequences of a Global Yuan have to be restricted to Subscribers only. To subscribe go to www.GoldForecaster.comgemäß § 34 WpHG darf der Autor zu jederzeit Short- oder Long-Positionen in der/den behandelte(n) Aktie(n) halten.
Ubika Research initiates research coverage on Rye Patch Gold Corp.
Mon Jun 21, 9:19 AM
.
.
. Rye Patch Gold Corp (TSXV: RPM.V) is rated “Speculative Buy” by Ubika Research, with a target price of C$ 1.52.
srl kommt auch gut rein! Für mich interessantester pick!gemäß § 34 WpHG darf der Autor zu jederzeit Short- oder Long-Positionen in der/den behandelte(n) Aktie(n) halten.
Sep 08, 2010 08:15 ET Oro Gold Drills Higher Gold Grade in Near Surface Eldorado Zone at Trinidad Project, Mexico
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 8, 2010) - Oro Gold Resources Ltd. (TSX VENTURE:OGR) ("Oro Gold") has completed the first diamond drill hole from inside the Taunus open pit. This hole, TR-52, was drilled directly below the pit and intersected 1.6 g/t gold over 38.2 metres in the Eldorado zone. The gold grade in this interval is higher than comparable intervals in nearby historic drill holes and confirms the potential for higher grade near-surface material in the Eldorado zone. The Company also reports drill assay results for step-out hole TR-49, which is expected to add ounces to the Taunus gold resource.
Oro Gold's 2010 program is focused on resource definition and expansion, as well as metallurgical, engineering and environmental work necessary to demonstrate the production potential of the Taunus gold deposit.
Taunus Drill Results
* Hole TR-49 (step-out): 3.4 g/t gold over 7.0 metres within an anomalous interval of 1.2 g/t gold over 27.5 metres (starting at a down-hole depth of 53.5 metres). This hole extends the Eldorado zone another 60 metres to the north in the current Taunus resource model. The hole also intersected the beginning of the HS zone which appears to be offset by a fault. Oro Gold will target additional drill holes further to the north to identify the potential faulted portion of the HS zone.
* Hole TR-52 (in-fill): 1.6 g/t gold over 38.2 metres (starting at a down-hole depth of 27.6 metres), including 3.1 g/t gold over 9.9 metres and 2.6 g/t over 8.8 metres. This hole confirms higher gold grade potential in the Eldorado zone.
"Hole 52 is significant because it is the first hole drilled within the existing pit targeting the Eldorado zone located directly below the pit floor. Results indicate the potential for higher gold grade in this shallow zone. The draining of the pit continues that will give access in drilling expansion targets to the west and deeper potential high-grade gold feeder structures. We continue to drill step-out holes to add size to the known mineralized zones with the objective of adding ounces and showing continuity to the Taunus gold resource," commented Frank Powell, Executive VP of Oro Gold.
The size of the Taunus gold resource area has increased to over 600 metres in length, comprising multiple stacked oxidized breccia zones to a depth of approximately 300 metres. Additional drilling is required to determine the thickness and lateral extent of the zones. The current geological model shows lateral continuity of the high-grade gold zones up to 100 metres wide.
For a plan map highlighting the recent drilling, as well as accompanying long and cross sections, please visit the following link: http://media3.marketwire.com/docs/ogr98.pdf
Ongoing Drill Program
Drilling has not progressed as planned due to severe rainy conditions limiting access to drill sites. Oro Gold has made changes to the drill program by temporarily reducing the number of drill rigs to one diamond drill and one reverse circulation (RC) drill. The diamond drill rig will continue drilling in the Taunus deposit area focused on expanding the gold resource. The RC rig has moved to the Cimarron gold project, located approximately 15 kilometres north of the historic gold mining town of Rosario. The Cimarron property shows gold resource potential; the latest drill program completed by a joint venture partner returned up to 0.9 g/t gold over 90 metres at surface. Oro Gold is the 100% owner of Cimarron.
The sonic drill is scheduled to commence drilling at Taunus in September. A 2,000-metre drill program is planned with the sonic rig, anticipated to improve the drilling of the high-grade, oxide breccia zones.
Fifty-four diamond drill and seventy-four RC holes have been completed to date. The Company has now drilled approximately 11,200 metres this year (exceeding the originally planned 10,000 metres), and plans to continue drilling an additional 5,000 metres into the fall.
Diamond drilling continues at Taunus. Hole TR-54 was recently completed to a depth of 150 metres below the Taunus pit with the objective of targeting other horizontal gold mineralized zones beneath the Eldorado zone. Hole TR-55 is ongoing, located 30 metres north of hole TR-52, with the objective of (i) determining the gold grade of the Eldorado zone, (ii) targeting other horizontal zones directly below the Eldorado zone, and (iii) extending the HS zone to the west.
For the remainder of the year, Oro Gold plans to accomplish the following goals:
* Increase the resource size of the Taunus gold deposit
* Release an updated NI 43-101 resource estimate based on diamond drill holes completed at Taunus
* Discover new gold zones in the immediate area of Taunus
* Discover the source of the high-grade gold zones at Taunus (potential feeder structures)
* Make new gold discoveries in areas outside of Taunus that have gold resource potential
Wuensche allen einen guten Tag ! Wird wohl heiss heute-
Und IEC weiter im Auge behalten -die will im Moment keiner haben weil die Goldprojekte auf Eis liegen. Aber Kupfer wird wohl weiterlaufen !
Sept. 8, 2010, 9:14 a.m. EDT · Recommend · Post: West Kirkland Position Expanded; Previous Drill Intercepts Targeted for Follow-up Include 6.7 m Grading 10g/t Gold
VANCOUVER, BRITISH COLUMBIA, Sep 08, 2010 (MARKETWIRE via COMTEX) -- West Kirkland Mining Inc. /quotes/comstock/11v!e:wkm (CA:WKM 1.05, 0.00, 0.00%) announces the expansion of its land position west of the prolific Kirkland Lake, Ontario gold district by option of the 10 square kilometer Cunningham Property. Limited previous work on the Property includes a drill intercept of 0.3 ounces per ton (10.15 g/t) gold over 6.7 meters in shallow drilling. Drilling by West Kirkland Mining is planned to start on the Property this fall after compilation of existing data as part of a $1 million drilling program on the Company's 77 sq kilometer land position assembled West of Kirkland Lake along the Cadillac Lake-Larder Lake Break.
On the Cunningham Property, five of eleven shallow diamond drill holes in the "M2 showing" area on the Cunningham Property prior to 1993 reported significant intercepts as follows:
Bayfield drills 10 m of 35.93 g/t Au at Rainy River
2010-09-07 12:48 ET - News Release
Mr. James Pettit reports
BAYFIELD DRILLS 35.93 G/T AU OVER 10.0M WITHIN 13.28 G/T AU OVER 28.0M IN RAINY RIVER, NW ONTARIO
Bayfield Ventures Corp. has made an additional high-grade gold discovery on its 100-per-cent-owned Burns block property in the Rainy River district of Northwestern Ontario. The Burns block is situated immediately to the east and on strike to Rainy River Resources Ltd.'s gold project.
A map of the Rainy River gold properties claims is on the company's website.
auch klasse Ergebnisse!
