Juniors aus Kanada

December 9, 2005 Trading Symbols: TSX Venture – CGR

US;OTC.BB – CGREF

Berlin and Frankfurt – GV8

Rob McEwen to purchase up to 1,250,000 shares in Coral Gold Resources Ltd., becomes a Director and Executive Chairman of the Board

Coral Gold Resources Ltd. (the “Company”) has arranged a non-brokered private placement of up to 1,500,000 common shares at a price of $3.00 per share. The placee for up to 1,250,000 shares is Mr. Robert R. McEwen and upon closing he will hold just under 20% of the outstanding shares.

The net proceeds of the offerings will be used for additional exploration and development work on the Company's mining properties and for general working capital requirements.

The above transactions will be subject to regulatory approval.

The Company also announces the appointment of Mr. Robert R. McEwen to the Board of Directors and as Executive Chairman of the Company. Mr. McEwen is Chairman and CEO of U.S. Gold Corporation and Lexam Explorations Inc. and was the founder and former Chairman and CEO of Goldcorp Inc., which is one of the world’s top 10 gold producers. Mr. McEwen followed his father into the investment industry and also developed a passion for gold. In 1990 Mr. McEwen jumped into the mining industry, where he transformed Goldcorp from a collection of small companies into a mining powerhouse. Since 1993, when Mr. McEwen started restructuring Goldcorp, its market capitalization has grown from $60 million to over $8 billion and Goldcorp’s share price has increased at 31% compound annual growth rate since 1993. Mr. McEwen holds an Honorary Doctor of Laws Degree, York University, Toronto, a MBA from Schulich School of Business, York University, Toronto, Ontario, Canada, and a BA from the University of Western Ontario, London, Ontario, Canada. He is also a member of WPO, the Canadian Council of Chief Executives and the Dean's Advisory Board, Schulich School of Business.

Coral Gold has been exploring a portfolio of strategically located claim blocks along the Battle Mountain-Eureka/Cortez gold trend in north-central Nevada. These properties are situated in the active Crescent Valley region, site of the large Cortez (Pipeline) gold mine.

On behalf of the Board of Directors

of Coral Gold Resources Ltd.

“Louis Wolfin”

Louis Wolfin

Director

....

Also will resume trading today at 8. a.m. pacvific Time - Das ist um 17h
unserer Zeit.

Nevada Pacific hat nun ebenfalls auf eigene Veranlassung den handel ausgesetzt - there's something big in the bush!

frr,
na sauber, der Mc Ewen legt ein Tempo vor.

Das mit NPG hab ich vormittag schon geschnallt. Da gab´s noch eine große order in Fra um 9:37, dann war Schluss.
Siehe NPG Thread. Der gute Rote ist scon geöffnet.
I trink ein glaserl auf dein Wohl. (Laura Baronti, San Casciano........)

Kannst mir jetzt die frage beantworten zu Bactech mining?
haben die den 55% anteil an US Gold noch?
Ich finde da nichts.
Was ist von ihrem "bio"Verfahren zur Trennung von Gestein und Erz zu halten?
Da tut sich ja auch einiges die letzten Tage.

Grüße
Tschonko

Resumes Trading @ 3.35 Can $

Cheers

schließe mich Tschonkos Grüßen und Wünschen an,bei einem Vierterl
Roten.
frr:
super Dein Thread über Nevada, mit dem einigen von uns der Weg
dahin geebnet worden ist...

Grüße

emoba

frr,
3,35 ist schon ein hammer. Mit dem hätt ich nicht gerechnet.
Und weiters: Da entsteht US-Gold, nämlich das Gold der USA, aber da will ich gar nicht mauscheln, hab das schon des öfteren erwähnt.
Zukunftmusik.
Heute: Alles Walzer........

Mc Ewen hat zu 3$ gekauft.
Mann, waren die unterbewertet.

Hier noch die yahoo Meldung, mit Kurzbio von Mc Ewen.

Rob McEwen to Purchase up to 1,250,000 Shares in Coral Gold Resources Ltd., Becomes a Director and Executive Chairman of the Board
Friday December 9, 10:35 am ET

VANCOUVER, British Columbia--(BUSINESS WIRE)--Dec. 9, 2005--Coral Gold Resources Ltd. (the "Company") (TSX VENTURE:CGR - News; OTCBB:CGREF - News; Berlin:GV8 - News; FWB:GV8) has arranged a non-brokered private placement of up to 1,500,000 common shares at a price of $3.00 per share. The placee for up to 1,250,000 shares is Mr. Robert R. McEwen and upon closing he will hold just under 20% of the outstanding shares.

The net proceeds of the offerings will be used for additional exploration and development work on the Company's mining properties and for general working capital requirements.

The above transactions will be subject to regulatory approval.

The Company also announces the appointment of Mr. Robert R. McEwen to the Board of Directors and as Executive Chairman of the Company. Mr. McEwen is Chairman and CEO of U.S. Gold Corporation and Lexam Explorations Inc. and was the founder and former Chairman and CEO of Goldcorp Inc., which is one of the world's top 10 gold producers. Mr. McEwen followed his father into the investment industry and also developed a passion for gold. In 1990 Mr. McEwen jumped into the mining industry, where he transformed Goldcorp from a collection of small companies into a mining powerhouse. Since 1993, when Mr. McEwen started restructuring Goldcorp, its market capitalization has grown from $60 million to over $8 billion and Goldcorp's share price has increased at 31% compound annual growth rate since 1993. Mr. McEwen holds an Honorary Doctor of Laws Degree, York University, Toronto, a MBA from Schulich School of Business, York University, Toronto, Ontario, Canada, and a BA from the University of Western Ontario, London, Ontario, Canada. He is also a member of WPO, the Canadian Council of Chief Executives and the Dean's Advisory Board, Schulich School of Business.

Coral Gold has been exploring a portfolio of strategically located claim blocks along the Battle Mountain-Eureka/Cortez gold trend in north-central Nevada. These properties are situated in the active Crescent Valley region, site of the large Cortez (Pipeline) gold mine.

On behalf of the Board of Directors

of Coral Gold Resources Ltd.

Louis Wolfin, Director

http://www.resourceinvestor.com/pebble.asp?relid=15282

Robert is not the red nosed Reindeer - He's not even Santa - He's for REAL!!!

Thank you and cheers ...

hmm

Watch - wait and listen ...hmmm

Endlich.....

Canadian Zinc spring auch an
Yukon Zinc wird warscheinlich demnächst folgen

frr,

Zitat

Watch - wait and listen

oder auch:
Right Time, Right Place, Right Trend!

Es geht ja eigentlich um die "lower plates", und da weiß ja keiner was, nur dass sie da sein müssen.
Drum setzt Mc Even ja überall den Fuß in die Tür.
Erklärt auch den Kaufpreis von NPG und CGR.
Wiederum ein grund, warum ich kein Stück CGR hergeb, NPG hab ich gestern 40% verkauft, aber auch nur aus techn. Gründen.
Will damit sagen, dass die performance sehr unterschiedlich ausfallen wird in den nächsten Jahren, je nach dem, was sich in den lower plates verbirgt.

Wem das zu nebulös ist, vielleicht noch mal den Cortez Thread auf seite 1-2 lesen oder die homepage:
http://www.usgold.com/

Bin jetzt endlich fündig geworden:
Bactech hat den 55% Anteil an Tonkin Springs (US Gold) zurücklegen müssen. Heuer im Sommer!
Na, da kündigt sich vielleicht schon wieder ein Gerichtsverfahren an.
Wie dieses Verfahren mit Bakterien zur Erztrennung zu bewerten ist, weiß ich noch immer nicht.
W´will see!

Aus dem letzten jahresbericht von Bactech:
http://www.bactech.com/s/CorporateProfile.asp

Tonkin Springs
The Company made its first mining property acquisition in July 2003 by acquiring a 55% interest
in Tonkin Springs LLC, which owns the Tonkin Springs gold project in Nevada, USA, from US
Gold Corporation for US$1.75 million. Included under the terms of the purchase agreement were
commitments to spend an additional US$12 million for development and exploration costs to
bring the mine into commercial production, and, if the mine had not reached commercial
production following these expenditures, to provide financing for U.S. Gold’s pro-rata share of
any remaining development and exploration expenditures. The project was a joint venture
controlled by a management committee consisting of both parties to the agreement, with BacTech
Nevada Corporation, a wholly owned subsidiary of the Company, as the operator.
2
The Company carried out engineering work necessary to complete a full feasibility study on the
property, which was completed in April 2004. During the summer of 2004, the Company
performed confirmatory metallurgical work on fresh ore samples drawn from deeper portions of
the deposit than those used to underpin the feasibility study. The results of this work cast doubt
on the ability of the Tonkin Springs property to produce gold at the cash costs outlined in the
feasibility study. As a consequence, the Company significantly curtailed its pre-production and
infill exploration activities on the property. Subsequent plans to bring the property into
production on a reduced scale similarly could not be put into place, as the Company was unable
to attract new equity or project financing.
In September 2004, the Company filed an updated reclamation plan with the US Bureau of Land
Management. As a result of this update, which was required by law, Tonkin Springs LLC was
required to provide additional financial guarantees amounting to US$1.1 million in the form of
cash deposits to fund closure activities at the Tonkin Springs mine. The additional security
required on this project reflected the effects of inflation and the cost of closing the existing heap
leach pad, a closure activity which had not been identified in a previous reclamation plan
submitted in 2001. The Company’s wholly owned subsidiary, BacTech Nevada Corporation, was
responsible for funding this shortfall in its capacity as manager of the joint venture.
Neither Tonkin Springs LLC, the Company, nor BacTech Nevada Corporation was able to
provide the required guarantees as a result of the liquidity problems faced by the group. In March
2005, the Bureau of Land Management served Tonkin Springs LLC with a notice of noncompliance
related to its failure to post the required financial guarantees, imposing a 30-day cure
period following which the Plan of Operations for the might may be revoked and the Company
and its subsidiary might be prohibited from accessing or carrying out any activities on the
property. During this period, the Company continued to operate the property on a “care and
maintenance” basis and entered into discussions with several mining companies with interest in
the Cortez Trend region of Nevada in an effort to either preserve the Company’s investment in
this property or to realize value from it in a sale, but these discussions were not successful. On
April 12, 2005, the Company announced its intention to relinquish its interest in Tonkin Springs
LLC; this relinquishment took effect May 12, 2005.
On August 23, 2005, the Company was notified by U.S. Gold Corporation of its intention to
claim for damages related to the withdrawal of the Company from the Tonkin Springs joint
venture under Section 2.3 of the Amended and Restated Members’ Operating Agreement of the
Members of Tonkin Springs LLC. The total amount of this claim has not yet been finalized, but
will be no less than US$1,370,885.
The Company intends to contest this claim, but it is not possible to determine at this time the
extent, if any, of the potential liabilities accruing to the Company as a result of this claim.
From the acquisition date through December 31, 2004, BacTech completed four financings to
provide initial capital for a feasibility study and mine development work. Total spending on the
property to May 13, 2005, the date on which ownership of the property reverted to US Gold
Corporation, amounted to C$6.0 million (US $4.3 million).

Grüße
Tschonko

McEwen buying Nevada for Christmas!
(floridagold7) Dec 10, 11:28

St. LOUIS (ResourceInvestor.com) – Founder of Goldcorp and current chairman and CEO of U.S. Gold Corp. Rob McEwen is buying Nevada for Christmas. Today, he announced the purchase of an 18.2% stake in
Nevada Pacific Gold and nearly a 20% stake in Coral Gold. This, along with McEwen's 33.3% interest in U.S. Gold and a 17% interest in White Knight Resources, might be the perfect equation for a merger in a rapidly consolidating sector. Will McEwen be known as the mining king of Nevada?

According to the Nevada Pacific Gold [TSXv:NPG] press release, McEwen has agreed to purchase 12,500,000 units of the company at a price of $0.40 per unit for $5 million. Each unit is comprised of one common share and one common share purchase warrant – with each warrant priced at $0.50 for a term of two years.

As a result, McEwen will hold 18.2% of the outstanding shares of the company, and, in the event of exercising all of the warrants, will then hold a 30.8% stake in the company. McEwen will thus join the Board of Directors of Nevada Pacific, according to the company.

Nevada Pacific Gold, in addition to the producing Magistral Gold Mine in Mexico, owns an exploration property portfolio covering approximately 75 square miles of mineral rights including portions of two major gold producing belts in the State of Nevada – the
Cortex Trend and Carlin Trend.

McEwen also announced the purchase of 1,250,000 shares in Coral Gold Resources [OTC:CGREF] giving him roughly a 20% share in the company.

In turn, McEwen has been appointed to the Board of Directors and as executive chairman of Coral Gold as well, according to the company press release.

Coral Gold has been exploring a portfolio of strategically located claim blocks along the Battle Mountain-Eureka/Cortez gold trend in north-central Nevada. These properties are situated in the active
Crescent Valley region, site of the large Cortez gold mine.

As previously noted, McEwen also owns a little more than 17% of White Knight Resources [TSXv:WKR], currently exploring for Carlin-
type gold deposits in north-central Nevada as well.

White Knight owns 16 properties (approx. 55,000 acres), 14 of which are located within the prolific Cortez Trend. And the company plans to aggressively and systematically evaluate what is currently the second largest land holding in the Cortez Trend, according to the website.

So with McEwen's 33% stake in U.S. Gold Corp. [OTC:USGL], also owning land within the Cortex Trend, are we seeing a prelude to a giant Nevada consolidation?

go gold/silver!

@bactech,
die sind so gut wie pleite und die China property interessiert mich nicht.
Aber hochinteressant ist das verfahren (Bakterien statt heap leaching, funktioniert, wenn überhaupt, nicht bei allen Erzen), wenn es was taugt.

Im übrigen ist die Sache ganz einfach. Landkarte studieren .(1.Seite Corteztrend, ich bring sie nicht rein, im Coral thread ist der link.....
und die homepage von UsGold mal genauer lesen.

Schönen sonntag
T.

PS.: Placer u. Barrick sind ja eh in Nevada dick drin. Nur die werden Schwierigkeiten kriegen wegen der hedges. Newmont kauft auch schon ab und an gehedgte Minen.
goldcorp hat red lake + Umgebung und noch einiges mehr.
Mc Ewen hat mit hedges noch nie was am Hut gehabt.
USA hat sicher nichts dagegen, passt sogar in die längere polit. Ausrichtung, im Kernland Nevada das Goldland zu haben.

@eldo,
das Mistvieh. Hast schon gesehen, dass die eingebuchten Klondike Silver noch oder überhaupt nicht handelbar sind.
Ich halte sie auch weiter, was sonst.
Klondike star ist auch interessant.
Der Hupfer von Coral am freitag war schon ein hammer, hast die eh noch??

Noch was: hab mich am Freitag bei Cabo auf die Mailinglist setzen lassen und noch nach der proxy gefragt. nach 2 Stunden hatte ich die Unterlagen. Saubere sache und nicht so ein gesülze wie bei Sterling.
da kriegen wir ja in Kürze etwas eingebucht. Und zwar von der Firma, die die ausgezeichneten properties von Cabo kauft.
Wir haben dann eine reine Drillingfirma. Und 2006 wird das Jahr der Driller. Weil heuer viel geld aufgenommen wurde und das muss ja in die erde versenkt werden. Cabo steht da gut da mit ihren 4 Firmen, unter anderem ein Öl/Gasdriller.
Properties werden mit shares bezahlt und 3 Viertel an die shareholder ausgeschüttet. Dann hab ich ein paar Aktien mehr, weil viel mehr werden es nicht werden. Bin neugierig.......
Lieber wär mir gewesen, sie hätten die properties behalten, kann aber mit dem auch leben.

Tschonko