Gold und Silberminen im fernen Osten
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FOR IMMEDIATE DISSEMINATION
SINO SILVER COMPLETES ACQUISITION OF 60% INTEREST IN SINO-TOP RESOURCES & TECHNOLOGIES, LTD.
SINO SILVER CORP. (SSLV: OTCBB) - APRIL 1st 2005 - VANCOUVER, CANADA: ("Sino Silver") is pleased to announce that Sino-Top Resources & Technologies, Ltd. ("Sino-Top") has obtained its business license from the Chinese authorities. Sino Silver has also completed the funding of the acquisition of its 60% equity interest in Sino-Top. Sino Silver acquired its 60% equity for $1million, $500,000 of which has been paid, with the balance due over a two-year period. Sino-Top owns exploratory rights to four properties in the Erbaohuo Silver District in Northern China and has options to acquire exploration and mining rights to seven additional properties in that territory.
The four properties cover an area of 105.2 km2 and were identified by the North China Nonferrous Prospecting Bureau General Exploration Agency (NCGEA) as hosting silver-polymetallic mineralization in skarn and fracture controlled geological environments. Sino-Top expects to begin exploration and development work in early April consisting of geological, geochemical and geophysical surveys, trenching, underground tunneling and diamond drilling.
In addition, Sino Silver has signed a Letter of Intent with Silver Dragon Resources, Inc. (SDRG: OTCBB) ("Silver Dragon"), relating to the sale of fifty percent (50%) of its interest in the net proceeds from the sale of minerals or mining rights, as a result of the exploration, evaluation and possible future development of the Aobaotugounao Ag-Pb-Zn property by Sino-Top.
This sale is subject to a number of conditions, including, but not limited to, the delivery to Silver Dragon of all geological and technical data related to the property and execution of a definitive agreement. The transaction requires a total payment by Silver Dragon of $350,000 to Sino Silver, with $150,000 presently held in escrow, to be paid upon the signing of the agreement and the balance to be paid over two years. Sino Silver will also receive 500,000 shares of common stock of Silver Dragon over a one-year period. No assurances can be given, however, that this transaction will be consummated.
SINO SILVER CORP. (SSLV: OTCBB)
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Here again, why china ??
http://www.goldletterdv.com/whychina.php
http://www.china-mining.com/im…Mining_intro_story%20.pdf
Recent events change mining forever
By: Dorothy Kosich
Posted: '28-SEP-04 01:00' GMT © Mineweb 1997-2004DENVER--(Mineweb.com) An expert in Chinese metallurgical projects told a Denver audience Monday that the events of the past 10 days in China "have been very, very important" for the mining sector.
Virginia Kamsky, Chairman and CEO of Kamsky Associates told analysts, institutional fund managers, and mining company executives attending the Denver Gold Forum that the clarification of the role of Chinese leadership, the appointment of a geologist as second in command of the nation, and a major restructuring of mining regulations are just a few indications that "we are on the verge of a really interesting and dynamic period."On September 19, China's President Hu Jintao replaced Jiang Zemin as the nation's military chief. "This signified the complete handover of power of China's new-generation leadership," said Kamsky. "Ambiguities in the leadership have now been clarified and the spectre of a power struggle put aside."
China's number two leader Premier Wen Jiabao, who is head of China's Cabinet, is a geologist who worked for a provincial geological bureau and the then-Ministry of Geology and Natural Resources. Wen serves as the top official in charge of all metallurgical projects in China, she said. He has also been very active in China's efforts to provide incentives to companies willing to invest in poorer Western provinces.
Vice Premier Zeng Peiyan is the former head of the National Development and Reform Commission, which regulates China's gold industry. "I think it is fair to say that both in terms of personalities such as Premier Wen and Vice Premier Zeng and the pressures on China to open its mining sector both internationally and externally, including WTO-related pressures, that the climate for investment in the gold sector will continue to improve, according to Kamsky.
Government agencies regulating mining in China are being restructured to separate regulation of the gold industry from the operation of gold mines. "This trend, strengthening the division between government regulators and business operators, has been taking place across industry sectors," she said. Kamsky predicted the next phase of reform will be the consolidation of China's gold companies into "a few major companies capable of competing on a global scale." The Chinese government is working on improving the technology of Chinese gold companies, encouraging foreign investment, and improving the raising of capital through public listing of gold companies.
"One interesting trend has been that Chinese companies are now seeking overseas gold investment projects," said Kamsky. The Shandong Gold Group is working on a mining project in Venezuela, while the Shandong Zhao Yuan Gold Group signed an agreement to perform exploration in Russia. Shandong Guoda Gold will mine the Shang Nong Mountain area of North Korea. China's biggest metals trader, China Minmetals Corp., is seeking to buy Canada's biggest mining company, Noranda Inc., for more than $5 billion.
Despite the flurry of recent activity, Kamsky said "we have yet to see the establishment of a large-scale foreign investment gold mining project in China." She considers Australia's Sin Gold to be a model of a foreign gold mining operation. Some foreign mining companies are entering the Chinese mining market through technology agreements, exploration projects, and even acquiring a Chinese gold mining research institute. "I know that China is eager to deal with companies that have the technological capability to take full advance of its gold reserves. Companies of scale have a significant advantage in gaining market entrance in China," she added.
Kamsky said specific guidelines for investment in the China's gold industry will probably be released at the end of the year. "The release of these policies will be a key step forward for foreign investment in the gold industry," she concluded.
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I'll take a backseat now, some say I'm a share- pusher !I can also write in my musterdepo, or not ?
regards
Eldorado
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Silver Dragon Resources Inc. Signs Letter of Intent with Sino Silver
April 4, 2005 - TORONTO, April 4, 2005 (PRIMEZONE) -- Silver Dragon Resources Inc. (OTCBB:SDRG) today announced the signing of a Letter of Intent with Sino Silver Corp. ("Sino Silver") (OTCBB:SSLV) relating to the acquisition of 50% of Sino Silver's interest in the net proceeds from the sale of minerals or the sale of mining rights as a result of the exploration, evaluation and development of a property located in the Erbaohuo Silver District in Northern China. Sino Silver owns 60% of the equity in a Chinese company, Sino-Top Resources & Technology, Ltd., which holds the exploration and mining rights to several properties, including the one that is the subject of the Letter of Intent.The acquisition is subject to a number of conditions including, but not limited to, the delivery by Sino Silver of all geological and technical data related to the property, and the execution of a definitive agreement. The transaction requires a payment of US$350,000 over a two year period, US$150,000 of which is in escrow to be delivered to Sino Silver along with 250,000 shares of restricted common stock upon the signing of the agreement and another 250,000 shares to be delivered to Sino Silver one year later.
"Silver Dragon's joint venture with Sino Silver is a major step in our intention to build a diversified, highly leveraged portfolio of silver mining interests in China. Sino Silver has strong relationships with key partners in China, and has secured mining interests in a historic silver district that we can now participate in. China's appetite for silver, combined with the potential for rising silver prices, make this an exciting opportunity for Silver Dragon and our shareholders. Our immediate objective is to finalize the acquisition and then focus on assisting Sino Silver's development plans for the property," said Marc Hazout, President and CEO.
Silver Dragon is a mining and metal company focused on acquiring and developing a portfolio of silver properties in proven silver districts globally. Silver Dragon's objective is to acquire silver mining assets that contain promising exploration targets, have highly-leveraged, out-of-the-money silver deposits and former producing properties with significant untapped exploration potential.Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.
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CONTACT: Silver Dragon Resources, Inc.
Marc Hazout, President & CEO
(416) 661-4989
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SKN TARGETS CHINESE SILVER
“SKN reported the discovery of a fifth bonanza silver-lead-zinc vein, the S6.
The vein contained massive galena sheets up to 1.14 metres of thickness with very high silver and lead values…”-Resource World Magazine, April 2005
read the complete article from Resource World on SKN Resources (SRL:TSX-V), please
Kurs 1.85 CAD
click here. (hyperlink to http://www.sknresources.com/invest_info.html)
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Hier ist die Webseite von denen:
Have a look !Philippines/China Projects TVI.TO
Kurs 0.11 CAD -
Gute News bei Griffin Mining!
Viele Grüße
News
Date: 5th April 2005
Headline: GRIFFIN ANNOUNCES “DRY COMMISSIONING” DATE FOR CAIJIAYING OF 25TH APRIL 2005Griffin Mining Limited ("Griffin or the "Company") is extremely pleased to announce that its Chinese design and engineering consultants and construction managers for the Caijiaying mine and processing plant, the Beijing Engineering Non-Ferrous Institute ("ENFI"), have confirmed that, subject to the delivery and installation of a small number of remaining components, the planned date of dry commissioning of the Caijiaying plant will be Monday, the 25th of April, 2005. This is on schedule and within the planned ENFI budget.
Assuming dry commissioning encounters no installation or manufacturing defects, production should commence immediately after the curing of the main plant floor on the 15th of May 2005. In anticipation of commissioning, zinc ore has already been mined and stockpiled at the surface ready for processing.
Mladen Ninkov, Griffin’s Chairman, commented on these developments as follows:
"Rarely does a dream become reality. Caijiaying remains on track to be commissioned on time and on budget in an extremely strong zinc metal market. It is a just reward for the courage, patience and support the shareholders have shown for the Company. I could not be more delighted."
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@bobell 21
Thanks, die kenne ich noch nicht,schau ich mir mal an und greife mir dann, die griffin
Hoffentlich verbrennt man sich damit nicht die griffeln.
mfg
Eldorado
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Hallo Eldorado! Hab soeben den Grund gefunden, warum es in den letzten Tagen (außer gestern und heute :])immer Bergab ging:
RAB Capital (LSE: RAB.L) has secretly sold its stake of almost 15% in Griffin Mining, without formally notifying the company.
Viele Grüße
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Minco Silver Announces C$6 Million Financing and Initial Public Offering
Tuesday April 5, 11:45 am ETVANCOUVER, BRITISH COLUMBIA--(CCNMatthews - April 5, 2005) - Minco Mining & Metals Corporation (TSX:MMM - News) is pleased to announce that its subsidiary, Minco Silver Corporation ("Minco Silver"), plans to complete a special warrant offering and initial public offering ("IPO") for gross proceeds of C$6 million. Minco Silver intends to conduct the financing in two parts as follows:
ADVERTISEMENT
(1) 4,240,000 Special Warrants at a price of C$1.25 per warrant for gross proceeds of C$5.3 million, of which C$3 million will be completed on a non-brokered basis and C$2.3 million on a brokered basis, and(2) 560,000 common shares at a price of C$1.25 per share for the IPO, for gross proceeds of C$700,000.
Each Special Warrant will entitle the holder, upon the exercise or deemed exercise thereof and without payment of any additional consideration, to receive one (1) common share of Minco Silver. Each Special Warrant is exercisable by the holder at any time for a period of twelve (12) months from the date of Closing, or on the fifth business day after the day on which a receipt is issued qualifying the issuance of the common shares on exercise of the Special Warrants.
Minco Silver has entered into an agreement with a syndicate of underwriters led by First Associates Investment Inc. and comprised with Sprott Securities Inc. (the "Agents") to act as agent with respect to the brokered portion of the special warrant offering and IPO offering on a "best effort" basis to raise C$3 million ("Brokered Financing"). The Agents will have the option to increase the Brokered Financing by up to C$450,000 at a price of C$1.25 per share. Minco Silver has agreed to pay a cash commission equal to 8% of the gross proceeds of the Brokered Financing. In addition, Minco Silver has agreed to pay an underwriting fee of C$45,000 and to issue at closing, non-transferable agents options to purchase up to 10% of the number of securities sold in the Brokered Financing ("Agents' Options"). Each Agent's Option will entitle the holder to purchase an additional common share of Minco Silver at C$1.25 per share for a period of 12 months from the date of closing and thereaft
er at C$1.50 per share for an additional six months.Minco Silver currently has approximately C$3 million in working capital and 20 million shares outstanding. Upon closing the C$5 million financing, management believes that the Company, partnered with Silver Standard Resources Inc., will have sufficient funding to pursue its strategy in acquiring silver assets in China.
Certain terms or statements made that are not historical facts, such as anticipated advancement of mineral properties or programs, productions, sales of assets, exploration plans or results, costs, prices, performance are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, and involve a number of risks and uncertainties that could cause actual results to differ materially from those projected, anticipated, expected or implied. These risks and uncertainties include, but are not limited to; metals price volatility, volatility of metals production, project development risks and ability to raise financing. Refer to the Company's Form 20-F and Form 6-K reports for a more detailed discussion of factors that may impact future results. The Company undertakes no obligation and has no intention of updating forward-looking statements.
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Interesting Report China and Gold:
http://www.321gold.com/editori…terse/pieterse040505.html
Full Report as pdf. download
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Ich bin der meinung das auf kurz oder lang seniors mit juniors mergen oder sich beteiligen an ihren projects. Einige wie SSRI mit Minco, NEM, ANGLO, zB. ,. haben einen finger in den honig bereits gesteckt.
Mal schaun !
mfg
Eldo
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About $11-million of the greenfields exploration was carried out in ‘new frontiers’, namely China, Colombia, the Democratic Republic of Congo, Mongolia and, in the US, the State of Alaska.
Anglo Gold Statement
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04/07/2005
Chinese Banks May Be the Big Gold Story in 2005, According to Lear Financial (PRNewswire via COMTEX)
4/7/2005 10:00:49 AM SANTA MONICA, Calif., April 7, 2005 /PRNewswire via COMTEX/ -- Gold has always been revered in the Chinese culture. But not until 2003 have Chinese citizens legally been allowed to buy it. So why haven't 1.2 billion gold-loving Chinese sent the precious metal soaring? "In a word, distribution," says Kevin DeMeritt, President of Lear Financial, a leading precious metal management firm. "But with the four top Chinese banks now entering the gold picture, that's all about to change." Until now, distribution of gold in China has been poor at best, DeMeritt explained. "There just haven't been the resources to get gold to the people. But with the Bank of China allowed to sell gold, and now three other major banks expected to receive permission shortly, the resources are now in place." As it is, the Chinese have one of the lowest gold ownership rates in the world. "In China there's just 0.1 grams of gold owned per capita. The India rate, by contrast, is 0.73 and the U.S., 1.41. So once the Chinese banks spur distribution, a lot of gold can be sold in a relatively short time," DeMeritt said. "And that could send gold into record territory in the years to come."
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Jinshan Gold Mines: Filing of Updated 217 Gold Project; Technical Report Delayed
Friday April 8, 8:00 am ET
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - April 8, 2005) - Jinshan Gold Mines Inc. (TSX VENURE:JIN) -
On March 7, 2005, the Company announced that an updated independent resource estimate on the Company's 217 Gold Project (Chang Shan Hao Project) in Inner Mongolia had been completed and that a new technical report supporting the estimate would be filed within 30 days. The filing of the new technical report, which is also intended to address deficiencies identified by the British Columbia Securities Commission in a previously filed February 2004 report, has been delayed. A draft of the new report is being updated to address issues raised in pre-filing discussions with Commission staff and the final technical report will be filed on SEDAR as soon as those issues have been satisfactorily addressed.
Jinshan Gold Mines is a Canadian company focused on the exploration and development of precious and base metals (gold, copper and platinum group metals) in China. The company also is conducting exploration work on prospective properties in Xinjiang, Yunnan, Shandong, Liaoning, Guizhou and Inner Mongolia, in China.Jinshan shares are listed on the TSX Venture Exchange under the symbol JIN.
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Drilling to Start on Mt Kakoulima, Guinea
Thursday April 7, 9:01 am ET
TORONTO, ONTARIO--(CCNMatthews - April 7, 2005) - AFCAN (TSX:AFK - News) is pleased to announce that a geological team was mobilized on March 20, 2005 to the Mt. Kakoulima project in Guinea, West Africa in preparation for a planned 5,000 metres drill programme to explore favourable Ni-Cu-PGE targets along the basal contact of the Kaloum Igneous Complex (KIC).
ADVERTISEMENT
The Project is held by FNX Afcan Guinee S.A.R.L. (FNX Afcan), a Guinea company which is 100% owned by Afcan Mining Corporation. On February 4th, 2004, Afcan signed an Option Agreement with FNX Mining Company Inc. (FNX - TSX & AMEX) on the Mt. Kakoulima Ni-Cu-Co-PGE exploration project in Guinea, West Africa entitling FNX to earn a 100% interest in the project, subject to a 3% NSR to Afcan. To earn its interest, FNX is required to spend US$2.4 million on exploration over a five year period and produce a feasibility study or expend a further US$2.0 million on exploration. Maple Minerals Corp. (MPM - TSXV) in turn entered into an agreement with FNX to acquire 50% of FNX's interest in the project by funding the initial US$2.4 million of exploration. To date, Maple has provided FNX with US$1.4 million in exploration funds. Reference is made to Maple's press release of February 10, 2004 for a description of Maple's option to earn a 50% interest in the Mt. Kakoulima project. T!
he project area covers approximately 295.5 km2 and is located 30 km from Conakry, the capital of Guinea. FNX is the operator of the project.The focus will be to follow up on the disseminated sulphides intersected during the autumn 2004, phase 2 drill program, further define the geometry of the KIC basal contact and locate possible massive Ni-Cu-PGE sulphide traps. Drilling is expected to commence on April 7, 2005 and will be conducted again by Boart-Longyear. A geophysicist from Crone Geophysics will be on site for the duration of the drill program to conduct downhole geophysical surveys as each borehole is completed. FNX plans, co-ordinates and supervises the exploration program.
The KIC is approximately 60 km long, of which the property licence covers 30 km of the contact on the north and south margins. Phases 1 and 2 of the exploration program were successful in defining and confirming the initial concept that the basal contact of the KIC dips into the centre of the intrusion with variable steepness. This is interpreted as a feature favourable for the concentration of sulphides. Other features consistent with productive Ni-Cu-PGE sulphide-bearing mafic-ultramafic intrusions are the local occurrence of disseminated sulphides hosted within basal breccias that contain evidence of wall-rock contamination of the intrusion.
Drilling in Phase 3 will begin on the south side of the KIC contact (South Grid) to further define in three dimensions a large, 5 km wide mapped embayment-like feature. Depending on results, the second half of the phase 3 program is planned for the north side of the KIC contact (North Grid) to explore favourable geometric targets along the basal contact and to follow-up on disseminated sulphides intersected during the Phase 2 drill campaign. North Grid diamond drill holes AF0007 to AF0012 intersected disseminated sulphide mineralization at the base of the intrusion over a 1.6 km strike length. Reference is made to Maple's press release of February 14, 2005 for assay results for the first 11 drill holes.
Catharine Farrow, PhD, PGeo (Chief Geologist, FNX) is acting as the Qualified Person for the Mt. Kakoulima project.
AFCAN is an emerging gold producer in China and owns 85% of the TJS Project at Tanjianshan in Qinghai Province. A Bankable Feasibility Study has been completed on the TJS Project, detailed design has commenced with construction starting shortly. There are an additional 23 anomalies on the licence area of 341 km2 that are being explored. Afcan growth is focused on exploration and development of its advanced projects.
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Minco Mining & Metals Corporation: Drilling Started on Minco Silver's
Fuwan Project
Friday April 8, 1:06 pm ET
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - April 8, 2005) - Minco Mining & Metals Corporation (TSX:MMM - News; "Minco" or the "Company") is pleased to announce that its subsidiary, Minco Silver Corporation, has started a drilling program on the Fuwan Silver Project located in Guangdong, China. Initially, one diamond drill will be used to twin two previous holes drilled by the Chinese partner, and will be followed by a larger drilling program focusing on fill-in drilling in the main resource area and step out drilling in the open areas particularly to the south-east. Minco Silver has the right to earn a 70% equity interest in the Fuwan Silver Property by contributing C$3.5 million to the joint venture company.
The Fuwan Silver and Changkeng Gold deposits were discovered in 1990 when the 757 Exploration Team followed up gold and silver geochemical anomalies identified in previous stream sediment and soil sampling programs. Disseminated gold and silver mineralization occurs in stratabound zones spatially related to a regional unconformity between Lower Carboniferous limestones and overlying Upper Triassic clastic rocks. 22 surface diamond drill holes were drilled on and around the Fuwan Silver Property, on an approximate 160m by 160m grid, totaling 7,964.86 meters of core.Mineral resources covering an area which includes the Fuwan Silver Property have been estimated by the 757 Geological Exploration Team based on the 22-hole diamond drill program at 19 million tonnes at a grade of 270 grams per tonne silver, with minor associated zinc and lead. This represents an in situ resource estimate of 164 million ounces of silver. The resource estimation has been reviewed by an independent panel of Chinese experts and has been verified to adhere to "Classification of Solid Mineral Resources and Ore Reserves" promulgated by the State Monitoring Bureau of Quality and Technology of China. An independent technical report on the Fuwan Silver Property was filed on SEDAR in May 2004 prepared by Lyle Morgenthaler P.Eng ("Qualified Person") and Ruijin Jiang, MSc., Minco's geologist, pursuant to National Instrument 43-101. The study concludes that the Chinese resource estimate, which covers an area larger than that of the Fuwan Silver Property, was professionall!
y prepared, without bias and that the Chinese estimate can be regarded as an Inferred Resource within the framework of CIM guidelines.The Fuwan Silver Property has well established infrastructure and is situated 45km west of Guangzhou, one of the largest cities in China, to which it is linked by a highway. Power and water are readily available in the area. Minco has completed the construction of a large 3D computer generated model of the Changkeng-Fuwan Properties. This will provide an excellent base for the future exploration programs on the properties.
The Company also announces that the consulting agreement with Mr. Tim Richardson has expired. The Company would also like to announce that Karyn Bachert has ceased to be Corporate Secretary of the Company and advises that Brigitte M. McArthur has been appointed Corporate Secretary. Ms. McArthur has 17 years of experience with publicly trading companies providing security regulatory services and has served on several boards in the capacity of corporate secretary and director. On behalf of Minco, the Company would like to thank Mr. Richardson and Ms. Bachert for both their contributions and efforts at Minco and wish them all the best in their future endeavors.
Minco Mining & Metals Corporation is listed on the Toronto Stock Exchange (TSX:MMM - News). The Company has a portfolio of high quality mineral projects in China and continues to evaluate a number of gold, base metal, rare earth and specialty metals projects in China.
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[Blockierte Grafik: http://frandall.free.fr/calfan/Nicole_Calfan_07.jpg]
Wozu trägt die Dame Gummistiefel?
Damit niemand ihre nackten Beine sieht.Alte Zen Weisheit for Goldbugs
Neu Illustriert
Gogh
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