Cortez Trend - Nevada

Edel Man
Mc Ewen und Novagold halten zusammen jetzt mehr als 50%.
Gibt etwas Stabilität.
US Gold hab ich vor ca einem Jahr mal kennengelernt. Waren da eher in Nöten und in D dummgepusht, ich glaub vom oberbayrischen börsenbrief.
Du hast den thread eh erst durchgelesen. Kam da US Gold vor. glaube nein.
Ich seh das eher ander bei Mc ewen, den ich ja überaus schätze, wie schon oft betont.
Was er angreift, zieht dann des weiteren das Geld an.
Schau mal, wo GG angefangen hat.

Jedenfalls ein sehr guter Artikel, wo man etwas zum Nachdenken hat.
(Übrigens auch der von Locantro in Sits und pits....)

Grüße
Tschonko

The full Cortez Story Part 1-5

http://www.financialsense.com/…ox/2005/cortez/part5.html

X-Cal Resources Ltd.: Cash Call Sleeper Joint Venture
Monday August 8, 9:11 am ET

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Aug. 8, 2005) - X-Cal Resources Ltd. (TSX:XCL - News) has received its first cash call notification from the Sleeper Joint Venture (50% X-Cal 50% New Sleeper Gold Corporation). The X-Cal portion of the current cash call is $US 182,000. The funding requested has been forwarded to the Joint Venture Account.
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The budget for the 2005 Sleeper Joint Venture work program was set at $US 5 Million in January. The Joint Venture had $US 3.3 million of exploration funds at the beginning of the year. The total contribution by X-Cal for the balance of 2005 is not expected to exceed $US 1 million. We have our portion of exploration funds for the Sleeper Gold Project in the treasury. Technical committee meetings scheduled for August at Sleeper will determine the work program for the balance of this year. An update showing the targets to be drilled will be published following the technical session.

In addition, the Sleeper Joint Venture has separate cash for complete project reclamation in the form of an environmental assurance policy.

X-Cal Resources is committed to the success of the Sleeper Gold Project and remains confident in the potential of the Sleeper Gold District for new economic discoveries.

Staccato Gold (0.18 CAD)

(CAT.V)

The following is a company we have been watching for a while.

“Staccato Gold is a growing gold exploration company, publicly traded on the TSX Venture Exchange (TSX-V: CAT). The company was established in the fall of 2003 and HAS SINCE ASSEMBLED A SUITE OF HIGH QUALITY, HIGHLY PROSPECTIVE EXPLORATION ASSETS, WITH OPERATIONS AND EXPLORATION ACTIVITIES IN THE CARLIN, BATTLE MOUNTAIN/EUREKA AND INDEPENDENCE TRENDS IN NEVADA.” "We're pleased to have assembled in a short time such an impressive portfolio of projects with some of the best partners in the industry," said Robert Lipsett, president of Staccato Gold. - click here...

This is an area play close to the Cortez Trend. The property shows promise as interest builds in the Cortez area & its primary attraction at present is its cheap stock price. Gold Letter Editor

“The suite of properties includes 615,000 ounces in situ in the measured, indicated and inferred categories.” “Each of Staccato's properties fits the company's strategy of combining the lower risk of advanced-stage projects with the raw potential of world-class locations.” - click here...
http://www.staccatogold.com/s/Home.asp

The market cap for this company is considerably low considering its sizeable & substantial holdings. The price is starting to rise as of this writing & if you look at this play & think it worthy you might want to hurry & stake a position. Gold Letter Editor

THE ICBM PROPERTY (CORTEZ TREND) IS JOINT VENTURED WITH BARRICK GOLD CORPORATION WITH STACCATO HOLDING A 67.5 PER CENT INTEREST AND BARRICK HOLDING THE BALANCE. IN JANUARY 2005, STACCATO OPTIONED ITS LONG PEAK PROPERTY (CORTEZ TREND) TO PLACER DOME.” - click here...

At the time of this writing its market cap is still under 5 million U.S. but more than likely heading higher. Remember our last review – US Gold? Staccato also has holdings in the Cortez Trend just as US Gold. But Staccato isn’t as important a play as US Gold. US Gold’s excitement was a result of the company being taken over directly by Robert McEwan – of Goldcorp fame. Gold Letter Editor

“VANCOUVER - August 16, 2005 - Staccato Gold Resources Ltd. (CAT: TSX-V) is pleased to announce that Staccato is advised that Placer Dome submitted a Notice of Intent permit to the US Bureau of Land Management on July 21, 2005 for 11 drill sites at Staccato's 100% owned Long Peak property in the Cortez/Battle Mountain trend, Nevada.” “Pending granting of the permit, DRILLING IS PLANNED TO COMMENCE IN EARLY SEPTEMBER.” “The Long Peak project is situated between the Lone Tree mine (Newmont) and the Marigold mine (Glamis) to the northwest, the Surprise/Labrador deposits to the east and the Fortitude/Phoenix complex (Newmont) to the southwest. TO DATE OVER 10 MILLION OUNCES OF GOLD HAVE BEEN PRODUCED FROM THIS DISTRICT. The Long Peak property has potential for both open pit, low grade copper/gold deposits and underground, high grade gold targets similar to nearby operations.” - click here...

Regardless, Staccato does still represent a good speculation for having a significant property holding in this Cortez Trend area. MORE THAN LIKELY GROWING OVER ALL INVESTOR INTEREST IN THE CORTEZ AREA WILL DRIVE STACCATO’S SHARE PRICE HIGHER. Drilling will ultimately determine the value of Staccatto Gold. Consider this as an aggressive speculation as Staccato Gold begins their drilling program to determine what is in the ground. Gold Letter Editor

Staccato Gold (CAT.V)

For a knowledgeable gold analyst & former gold mining executive/geologist call:

Steve Todoruk, P.Geo.
Global Resource Investments Ltd.
Investment Executive

__________________
Sometimes a winner is just a dreamer who never gave up.
------------------ Expect the unexpected ----------------------------

@ Frr

Was haltest du von Straccato, kennst du die ?

Sehe erst jetzt wie der heisst

"Greg Hryhorchuk"
Hoffentlich hab ich mich nicht verschluckt.
Vice-President & CFO

Mfg

XEX

Doug Casey get´s Mad. Ein reiner Cortez Trend Wert.
BEVOR DER ARTIKEL ERSCHIEN, WAR MIRANDA AUF 0,7. HEUTE 1,04!

August 1, 2005
Miranda Gold
(V.MAD, http://www.mirandagold.com)
BUY— Miranda’s share price has been on quite a roller-coaster ride over the last year, ranging from about C50 cents to C$1. This may
have more to do with gold price fluctuations than with anything the company has done, though the company also had a fair amount of cheap paper to work through. It has largely done a good job of doing so, and that’s a large part of why I feel the time is right to bring the opportunity to the attention of IS subscribers. Miranda is a Nevadafocused “get rich on process” play of the best kind.
PEOPLE AND PROMOTION
Miranda is ably led by Kenneth D. Cunningham, President and CEO. I know Ken well—he’s a geologist I think very highly of. Not a promoter at all, but the real McCoy. He has 29 years of experience in mineral exploration, mining geology and executive management. Seventeen of these years have been focused in Nevada. Before joining Miranda
last year, Ken was Vice President of Nevada North Resources (U.S.A.) Inc. where he acquired eight new properties and successfully negotiated leases with major mining companies including Newmont, Placer Dome, Newcrest and Barrick. Before that, he was Exploration Manager with Uranez U.S.A. Inc., during which time he led the exploration and acquisition effort that resulted in a 3 million ounce discovery in the Battle Mountain trend and a 1+ million ounce
discovery in the northern Carlin trend.

Also on the team are: Dennis L. Higgs, Chairman, Chief Financial Officer and Director (founder of Senate Capital Group Inc., a venture capital and resource management company that specializes in creating and/or assisting in the financing and development of early stage companies); Joe Hebert, Vice President of Exploration (a geologist with 22 years of mineral exploration and mining geology experience, with 15 of these focused in Nevada), and; Steve Ristorcelli, Director (another geo, with 26 years of experience). All together, I can say that I have a great deal of confidence in the technical abilities of this team. While it would be nice if Ken were a bit more of a promoter (the company web site is woefully out of date), I think good geology will out in the end.
PROPERTY
The basics for Miranda are simple: a project generator with multiple properties, mostly in Nevada’s Cortez Trend. Any of these could turn out to be a company-maker.

Since the industry-rocking announcement of the above-referenced CJV’s 1.5 opt, 400-foot intercept, more and more people are coming to think
that the Cortez Trend has the potential to rival the famous Carlin Trend (180 million ounces), also in Nevada. Many companies are now scrambling for land in the area, but companies like Bravo, above, White Knight, below, and Miranda, who were already there, have a distinct advantage over the newcomers.

Miranda holds 733 claims, covering 15,151 acres—or approximately 24 square miles—in this trend. The company has wasted no time in lining up high-powered JV partners, including: Newmont (Red Canyon), Barrick (Horse Mountain), Newcrest (Redlich), Agnico-Eagle (Cono and BPV), PDUS (Fuse), Golden Aria (Coal Canyon).

The company announced on July 5, 2005, that Newmont has completed a month of surface work on Red Canyon project. The work consisted of detailed outcrop mapping, interpretation of previous geophysical surveys, 3-dimensional modeling and a geochemical survey. Newmont has decided to go ahead and drill the project and is permitting 13 drill
sites for a first phase of drilling, which should start this month.

Just before that, Miranda announced that Barrick has started fieldwork on Horse Mountain, and that Newcrest has begun drilling Redlich project. PDUS has also completed geochemical surveys at Red Hill and an announcement of drill targets is expected any day now. Agnico-Eagle is evaluating gravity data that relates to the BPV and CONO properties, and MAD expects them to drill at least one hole on each property this year. Golden Aria should also have begun evaluating Miranda’s Coal Canyon project by now as well.

More recently, Miranda announced that it has signed a letter of intent to lease the Angel Wing property in northern Elko County, Nevada, which is known to contain high-grade, gold-bearing, epithermal veins. As the project is still very early stage, we’ll reserve comment for a future edition.

PAPER AND PHINANCING
Miranda is well cashed up with over $3.5 million in the bank and a low burn rate: its joint venture partners are footing the bills for most of the current exploration. The share structure is not particularly tight (35.5% dilution if all outstanding warrants and options are exercised), but at least the number of shares outstanding is not bloated, and the market cap is reasonable (both leave a lot of room for growth). There are, however, 1,292,250 warrants at 20 cents due to expire in November. Miranda has burned through waves of paper like this in the past (which says a lot about the people holding that paper, and their confidence in Miranda), so I’m not particularly worried. Especially given our expectation that we’ll have had positive news on the exploration front by the time November rolls around. That having been said, if results take longer than anticipated, the stock could take a hit in the fall, even without any bad news on the exploration front.

PRICE
This is a very busy company, with most of the work being paid for by some of the world’s biggest players, and all of it in some of the most prospective turf on the planet—a good formula for a major discovery. This is not a high-volume stock, so don’t chase it. I recommend accumulating it over the next month or so—a little here, a little there. By the time fall rolls around, I think you’ll be glad you did.

NOTES ON NEVADA GEOLOGY
The properties of our three new Nevada picks cover a substantial portion of the Cortez Trend, which runs roughly parallel to, and 50 miles southwest of, Nevada’s famous Carlin Trend, itself just west of Elko, Nevada, in the Eureka-Battle Mountain Gold Belt.

CARLIN TREND
The Carlin Trend is North America's most prolific gold producing area and the second largest gold depository in the world, after the Witswatersrand, in South Africa. The trend is a 40-mile long, northwest to southeast zone of low grade, epithermal deposits, discovered in 1961 by John Livermore and Alan Cope, geologists working for Newmont. The mineralization was near surface (only 25 meters down), but so finely disseminated that all traces were microscopic.
Assays graded 6.2 g/t gold. Newmont opened the original Carlin open pit mine in 1965, before the introduction of heap leaching. When that technology matured in the 1980s, production ramped up to where the Carlin Trend now accounts for over 35% of all US gold output. More than 107 million ounces of known proven and probable reserves occur on the Carlin Trend (there are up to 180 million ounces of resources, depending on what you include in the number). Underground mine development, in higher-grade ore down dip from existing open pits, started in 1994. Such deposits have been discovered at Rossi, Dee, Meikle, Gold Bug, Rodeo, Deep Post, Deep Star, Turf, Four Corners, West Leeville, Hardie Footwall, Deep Carlin, Mike, Rain, Tess and Rain Extension. These recent underground discoveries contain a total of 42 million ounces of announced gold reserves, at an average grade of 0.347 ounce/ton. Large quantities of additional unannounced gold resources are now drill-indicated on the Carlin Trend.

CORTEZ TREND
The Cortez Trend is in the same area of Nevada, and is similar in size to the Carlin Trend, but is displaced about 50 miles southwest. It includes the Pipeline Mine Complex (12 million ounces) to the north and the Gold Bar Mine (1 million ounces) to the south.

At meeting of the Geological Society of Nevada in mid 2004, a representative of the CJV (Placer Dome/Kennecott Cortez Joint Venture) announced that they had intercepted 1.5 ounces of gold per ton, over an interval of 400+ feet (some reports have it at almost 2 ounces per tonne). Current resources at Cortez Hills, as announced by Placer Dome, the joint venture operator, stand at 6.8 million ounces (the CJV now has over 22 million ounces in reserves). The CJV plans on drilling between 100 to 200 holes at Cortez Hills this year. Since the much-discussed CJV announcement at the Geological Society of Nevada meeting, the Cortez Trend has become one of the most active prospecting areas in Nevada. The expectation—or hope—that the Cortez Trend is an opportunity like the Carlin Trend was in the 1960s is
clearly the driving force in the areas. But is this hope realistic?

COMPARISON
The Eureka-Battle Mountain region of Nevada has two layers of sedimentary rock: the “Upper Plate” and “Lower Plate”.
The Upper Plate does not typically host higher-grade gold mineralization, but can contain indications of higher grades in
Lower Plate rocks that have “leaked” upwards. Lower Plate mineralization (Silurian age Roberts Mountains formation)
correlates with the major gold deposits of the Carlin Trend, where a great deal of surface erosion and other geological activity has brought Lower Plate blocks (" horst blocks" ) within range of open pit mining in some places. " Carlin style" deposits are disseminated gold mineralizations, usually structurally controlled. Mineralization may be predominantly oxides, sulphides, refractory or carbonaceous sulphides.

Cortez Trend deposits are replacements or disseminations in calcareous sediments and limestone strata, also in Lower Plate rock. As on the Carlin Trend, one of the keys to discovery is finding Lower Plate rocks that have been exposed in or through " windows" where the Upper Plate has been eroded.

The largest and highest-grade discoveries along the Carlin Trend are associated with major faults. These are very old faults, as are the Cortez faults, though there is considerable disagreement among geologists on numerous issues relating to these faults. Geophysicist Hans Rasmussen, who once worked with Newmont on the Carlin Trend, believes there is a strong possibility that the Cortez Structural corridor system may be both older and bigger than the Carlin fault
system. Being older allows more time for more geological events to occur. The reasoning is long and technical, but the bottom line is that if Rasmussen is right, the Cortez Trend could prove to be not only as big as Carlin, but bigger. If Cortez is so big, why wasn’t it discovered earlier? Well, one consequence of the geological events that formed the trend is that they also buried it, making it harder to find and more difficult to prove. But that is exactly what numerous
majors and juniors (including the three recommended elsewhere in this issue) are working on, so time will tell soon enough.

Mirrinda glei !

Interview with CEO of Bravo Ventures:

http://www.smartstox.com/interviews/bvg.php

http://www.bravoventuregroup.com/

August 22, 2005

BRAVO AND PLACER DOME AGREE TO EXPLORE A FIFTH PROJECT IN THE BATTLE MOUNTAIN-EUREKA TREND

Bravo Venture Group Inc. reported today that the company has reached an agreement with Placer Dome Exploration Inc. (“Placer Dome”) , a wholly-owned subsidiary of Placer Dome Inc., whereby Bravo will fund the next phase of exploration on the Shoshone Pediment project . The project, located approximately 25 miles northwest of the Cortez Hills deposit along projection of the Cortez Fault zone, has potential for Cortez-style mineralization (e.g. Cortez Hills, Pediment, Hilltop), as well as low-sulphidation-style gold mineralization (e.g. Mule Canyon, Fire Creek). This becomes Bravo's eleventh property along Nev ada 's Battle - Mountain Eureka trend.

Developed by Placer Dome geologists, the early stage Shoshone Project consists of 148 claims (approximately four square miles). The area is largely covered by older Quatermary or Tertiary gravel. Rare bedrock exposures in the eastern portion of the claims consist of Devonian Slaven Chert , wi th interbeds of limestone. White Knight Resources Ltd.'s Slaven Canyon property is immediately to the southeast and Newmont's Mule Canyon Mine is approximately four miles to the northeast.

Under the terms of the agreement, Placer Dome will quitclaim the claims to Bravo in exchange for Bravo agreeing to fund and conduct the next phase of exploration. An exploration program has been agreed to by both Placer Dome and Bravo and will consist of Bravo paying land-holding costs, conducting geologic targeting, and drilling a minimum of 2,500 feet within the next two years. After Bravo spends U.S. $100,000, Placer Dome will then have a one-time right to fund the next U.S. $500,000, after which Placer Dome can elect to form a formal joint venture at 51%. Placer will then have the option to carry the property through a bankable feasibility study to earn an additional 19%.

The Shoshone Pediment Project brings to five the number of properties being jointly explored by Bravo and Placer Dome in the Battle -Mountain Eureka trend. In June 2005, Bravo and Placer Dome announced an agreement for Placer Dome to fund exploration on Bravo's Pete Hansen Project. In October 2004, Bravo and Placer Dome announced a funding agreement on Bravo's Three Bar, South Gold Bar and South Lone Mountain claims blocks.

On behalf of the Board of Directors
“Joseph A. Kizis”
Joseph A. Kizis Jr., Director, President
Bravo Venture Group Inc.

The Nevada Gold Rush

http://www.kitco.com/ind/resopp/sep022005.html

Companies:

http://www.resourceopportunities.com/s/SampleReports.asp

Edel Man

Die habe ich auch schon eine Zeit lang auf dem Radar. Haben schon eine sehr gute Performance hingelegt. Sehr aussichtsreich....kommt evtl. Mal ein Rücksetzer meinst Du nicht? Würde noch ein bisschen Pulver für Nachkauf bunkern.

Grüsse

Edel Man

Ich muss dich da entaeuschen,ich bin immer noch hinter Miranda her.
Leider hupfte die mir zu schnell, macht nichts habe mir dafuer Straccato geholt und ansonsten habe ich nun alle bis auf die schnelle Miranda und USAGOLD.

Have a nice weekend guys

XAX