Silber Companies - Liste und Neues

  • Zitat

    Original von Tschonko


    KXL, jaaaa verdammt, zur Zeit gibt es sehr viel Interessantes.
    Hab im VMS Thread darauf hingewiesen, dass sie abfliegen, was auch eintrat.
    ohne mich.
    Tschonko


    Und seit gestern strahlen sie auch noch - die hat wirklich einen guten Lauf:


    For Immediate Release


    Kodiak Airborne Survey Identifies Large Intense Radiometric Anomaly as Targeted Source to a Radioactive Boulder Train on Otish Uranium Property Vancouver, British Columbia, October 11th, 2007


    – Kodiak Exploration Limited is pleased to announce that the first data received from its aerial survey has identified a very large radioactive
    anomaly up-ice from a large radioactive boulder train at its UR property in the Otish Basin of Quebec. The previously reported boulder train measures approximately 3 kilometres by 2kilometres and consists of highly radioactive boulders grading up to 4.1% U3O8. The intense radiometric anomaly recorded by the airborne survey measures 2 kilometres by 6 kilometres in area and is believed to be the source of the boulder train.


    http://www.kodiakexp.com/_resources/2007.10.11.pdf


    grüsse


    auratico

  • Ein idealer Übernahmekandidat und meines Erachtens sehr solide.
    Was scheißt man mit Explorern rum, wenn es so was gibt?
    Die genauen zahlen kenn ich aber nicht....


    Aurcana Provides Corporate Update
    Friday October 12, 9:30 am ET


    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 12, 2007) - Aurcana Corporation (TSX VENTURE:AUN - News) -



    CORPORATE UPDATE


    Aurcana Corporation ("Aurcana" or the "Company") is pleased to provide an update on its projects and plans. 2007 has been a very successful transition year for Aurcana. It is a year that saw La Negra achieve full production of 1,000 tonnes per day coupled with very encouraging phase 1 drill results from mine site exploration and the addition of the 100% owned Rosario project which is slated to commence production at 800 tonnes per day in the fourth quarter of 2008. Aurcana will finish the year with established cash flow, a strong balance sheet, exploration upside and projected increased future revenues.


    LA NEGRA


    With the acquisition of the La Negra Mine in May 2006, Aurcana vaulted into the world of producing resource companies. In less than one year, specifically April 2007, the Company was pleased to announce that mill refurbishment, expansion and preliminary testing had been completed and production commenced at its 80% owned La Negra silver-copper-zinc-lead mine in Queretaro State, Mexico. The refurbishing and upgrades were completed on time and production of 1,000 tonnes per day commenced in June 2007.


    At La Negra there is complete infrastructure in place and the mine has been fully developed on five main levels. The mine is fully accessible via adits and ramps and the adjacent plant consists of three stages of crushing, an 8' x 10' ball mill and conventional floatation to produce zinc, copper and lead concentrates. The previous operator left the mine with approximately two years of development which allowed Aurcana to restart production in less than one year. Once the initial start up phase was completed, La Negra has produced continuously at the planned rate. Throughput in the third quarter ended September 30, 2007 for the mill was 73,000 tonnes of ore and concentrate produced in the third quarter was 3,205 tonnes. Total site operating costs during the third quarter were on target and the Company continues to introduce efficiencies into the operation.


    The mine already has the capacity to double production to 2,000 tonnes of ore per day. Likewise the installed crushing capacity can easily keep up to the 2,000 tonnes per day of mine output. Only the backend of the mill will need to be expanded to accept and handle additional capacity. Based on successful exploration and a potential increase in reserves an expansion will likely be financed by internal cash flow from operations. If the mill expansion is financed from cash flow it is estimated that payback would occur in approximately 6 months based on the following assumptions. The cost of increasing capacity at La Negra has been estimated at $1 million per 100 tonnes. To double production to 2,000 tonnes per day from 1,000 would cost about $10 million and using a forecasted annual cash flow of $20 million, at 1,000 tonnes per day, would result in an approximate six month payback. The reader should be cautioned the Company has not completed a feasibility study confirming the projected production capacity and there is no certainty the Company's plans will be economically viable.


    Wardrop Engineering Inc. is conducting an independent audit of historical reserves on the Alacran zone at La Negra as part of the Company's commitment to establish 43-101 compliant reserves and resources. Once the Alacran audit is complete (expected by early November), Aurcana will continue the audit on the other zones at La Negra.


    EXPLORATION AT LA NEGRA


    There are 23 ore bodies with eight of the ore bodies containing 84% of the historical reserves. All of the ore bodies are easily accessed by over 50 km of historical underground development. Significant exploration potential exists around and below the known ore bodies. An aggressive and ongoing exploration program is being planned to expand and delineate the known historical reserves and to test for new zones based on previously defined geophysical targets and historic drill intersections. The Company's decision to employ all resources to fast track production at La Negra is producing great benefits as cash flow will support a renewed focus on a long-term exploration program. The objective of the program is to outline sufficient additional resources in order to expand the size of the existing mill.


    ROSARIO PROJECT


    In August 2007 Aurcana announced the acquisition of 100% of a second mine, the silver-zinc-lead-gold Rosario Property located in southeastern Sinaloa State, Mexico for US$3 million payable over 24 months. The historical data shows production at Rosario achieved a rate of 600 tonnes per day. However, plans for the Rosario mill refurbishing calls for an increase in production to 800 tonnes per day - a 33% increase over the historic mine production. The addition of the 800 tonnes per day from the Rosario Mine, expected in the fourth quarter of 2008, will double Aurcana's daily ore production. The reader should be cautioned the Company has not completed a feasibility study confirming the projected production capacity and there is no certainty the Company's plans will be economically viable.


    The Rosario Property consists of 18 concessions totaling approximately 8,515 hectares and is located about 94 kilometers southeast of Mazatlan and is accessed by an all weather road. There are two main areas on the Rosario Property - San Juan and La Cruz. The San Juan area has historically reported reserves of 256,756 tonnes grading 329.3 g/t silver, 3.73% zinc, 1.69% lead and 0.19 g/t gold. An underground ramp has been driven into the San Juan Zone and has tested the zone over a vertical distance of 40 metres, with the zone still open to depth and along strike. The La Cruz area has historically reported reserves of 638,756 tonnes grading 1.36 g/t silver, 3.21% zinc, 2.23% lead, 1.05 g/t gold. The reader should be cautioned the historic reserves do not conform to National Instrument 43-101 requirements for reporting purposes; as such the Company is not treating these historic estimates as current reserves or resources. These estimates should not be relied upon until they have been verified by further due diligence and by the Company's "Qualified Person".


    EXPLORATION AT ROSARIO


    Work is already underway at the La Cruz zone to provide access for an initial 3,000 meter underground diamond drill program to expand the known historical reserves. Surface work is also verifying and defining new surface targets that will be prioritized for detailed follow-up.


    ACQUISITIONS


    The successful track record of the management of Aurcana has confirmed management's ongoing ability to identify, negotiate, finance and acquire high quality projects for the Company. Aurcana continues to pursue other high quality, producing or near producing projects. With the completion of any or all of these advanced stage projects, Aurcana could see present and proposed production increase significantly.


    SUMMARY


    1. Aurcana has a strong balance sheet, revenues from its first mine and pending revenue from its second mine.


    2. The Company has a diversified asset base and will be producing five different metals from two different projects.


    3. Aurcana has substantial exploration potential at both of its mine sites.


    4. The Company has a network of contacts that can lead to the acquisition of additional projects that are in production or at advanced development or exploration stages.


    5. Aurcana has shown that it is able to implement and follow through with its plan to become a significant base - precious metal producer.


    With a strong balance sheet, 1,000 tonnes per day production established at La Negra, Rosario slated to add additional production of 800 tonnes per day by the end 2008, a very positive outlook for the price of commodities, along with the continued expansion of Aurcana's shareholder base, a very bright, exciting and rewarding future await Aurcana and its shareholders.


    Ron Nichols, P.Eng. a Director and Vice President of Exploration for Aurcana, and a Qualified Person as defined by National Instrument 43-101, supervised the preparation of the technical information in this release.


    Aurcana is a Canadian junior mining company listed on the TSX Venture Exchange, symbol: AUN. The Company remains focused on the acquisition, development and operation of silver, zinc and copper mines with good infrastructure and ore reserves/resources that require minimal capital and time to re-start.


    ON BEHALF OF THE BOARD OF DIRECTORS OF AURCANA CORPORATION


    Ken Booth, President

    "Confusion is a word we have invented for an order which is not understood." Henry Miller

    Einmal editiert, zuletzt von Tschonko ()

  • Aurcana:
    das mit "Übernahmekandidat" nehm ich zurück.


    Cash sehr gut.
    Es läuft alles gut.
    Kriegten eine 21 Mille Finanzierung in einigen Wochen hin.
    75% Kupfer, Zinc etc. 25%Ag
    Explorationsmöglichkeiten auch sehr gut.


    Nur was ich nicht und nicht finde....
    Was produzieren sie zur Zeit?


    Homepage:
    http://www.aurcana.com/i/pdf/Aurcanaannual_Jun2907.pdf


    Präsentation:
    http://www.aurcana.com/i/pdf/Presentation-08-20-07.pdf


    Stand 06/07
    http://www.aurcana.com/i/pdf/Aurcanaannual_Jun2907.pdf

  • UC zieht ein bisserl mit NOT mit.
    Da werden die nächsten Meldungen spannend.


    Was auch für einige andere Werte gilt, bei denen es in den letzten Monaten nur leise zuging. EXM, Garibaldi und auch ECU/GOG werden zur zeit präpariert.
    Dass auch ein paar beispiele dabei sind.....
    Nur, ich vernehme sie schon und es kommt Vorfreude auf. :D


    Bei mir kommt im November so einiges aus der Speku und dann werden die G´wichteln neu verteilt.


    Zur Zeit hab ich auch etwas Cash im Depot, so viel hatte ich das ganze Jahr nicht.
    Gut, das hätt ich im august haben sollen.....
    Aber dann könnte ich mich überhaupt zurücklehnen und Däumchen drehen.
    Ist sowieso langweilig hier....... :D
    Sechter!


    grüße
    Tschonko


    PS:
    Die Liste der Aussteller auf der Edelmetallmesse hat´s in sich.
    http://www.edelmetallmesse.com/de/aussteller-minen.php

    "Confusion is a word we have invented for an order which is not understood." Henry Miller

    2 Mal editiert, zuletzt von Tschonko ()

  • Tschonko & Emoba


    Ich weiss nicht wer hier im Forum zur Messe geht.
    Ich haette ein Bitte, die Andean Mining, hauts bei denen eine Stinkbombe rein.
    Die sind auf trading stop nach der komischen Bilanz seit 2.August und antworten nicht warum der Handel weitergefuehrt wird.
    Ich habe es schon zweimal probiert aber die Saubeutel haben es nicht mal noetig zu antworten was los ist.
    Aber auf der Messe sind sie vertreten, das habe ich gerne. X(
    Vielleicht bekommt ihr raus was dort los ist.

  • Thanks Emoba, ich bin am 14 November zurueck und freue mich auf deinen Report wegen Andean Mining.
    Im Stockhouse Canada fluchen sie gewaltig gegen Andean.


    Hier nur zwei Kommentare:
    I spoke to the company by phone and they got very defensive and rude so what does that tell me someone not taking responsiblity for their actions. NOT GOOD


    Yeh, I absolutely believe you, its always not their fault......AAG has been by far the most frustrating and worst investment I've ever done (and hopefully never will do again). The longer they are on halt the better eventually, tension, pressure is building up heavily on all involved parties. Its amazing how long shareholders have taken all this bs and mismanagement - I guess time is definitely up now.
    Just imagine you have a company with a producing mine - which unfortunately has broken down on production as well to very low levels, but which might catch up again to get at least cashflow positive and maybe even cash provider for further development. Sinchao, very early stage, but definitely a monster on tonnage!
    Invicta, 2mm ounces gold equiv. high grade gold and copper zones, well advanced. AND this company got a CTO because of bs management and complete incompetence by management and no serious leadership by board of directors. Why do you think they are trading at 50mm $ market cap with that kind of portfolio? Just bring in well known, competent and credible people to run the show and AAG will open at 2 $ - again, the longer the trading halt the shorter the time of the current management in charge...sad but true.


    They had MANY changes and always failed.....TIME is up. Eventually AAG will be become either a tier2 producer with around 150k ounces p.a. lets say in 2010 or taken out. If you're smart and if you know deep pockets players they should buy BIG and get control of the company to bring it back on the road IMHO

    http://www.stockhouse.ca/bullb…asp?symbol=AAG&table=list


    Continuum kannst auch mal durchleuchten.
    http://www.continuumresources.com/


    Servus


    XEX

  • heron,
    feine sachen ausgesucht.
    Alexis: dass da nichts geht versteh ich nicht.
    Müsste ein Highflyer 08 werden.


    UC: läuft halt zur zeit.


    Impact: da werden sich noch viele wundern.
    Der weltmeister der engen veins....
    Die können das......


    ECU: ich versteh die vergrätzung, weil sie einen Scheißdreck produzieren. Man vergisst aber, dass das langsam ein unheimlich großes deposit ergibt.


    http://biz.yahoo.com/ccn/071016/200710160419150001.html?.v=1



    EXN: huiii, das pfeift.....


    http://biz.yahoo.com/ccn/071016/200710160419114001.html?.v=1


    Grüße
    Tschonko

  • Mit dem Scorpion kriegt man einen Vogel!
    möcht wissen, was die vorhaben.
    Heute trading halt und dann resumption, a b e r keine meldung dazu.
    Dann machen sie ein 20 mille financing und haben eh genug Cash.
    Vorher vermelden sie, eine dilution sei nicht notwendig....
    Planen die eine Übernahme?
    Fragezeichen????


    Und dann noch der Deal mit Bactech.
    Das Update von BM.V hab ich unten ankopiert.
    Es verwirrt mich. Vor allem die China Verwicklungen..
    Und das mag ich gar nicht..... :D


    BacTech Provides Update
    Tuesday October 16, 11:00 am ET


    TORONTO, ONTARIO--(Marketwire - Oct. 16, 2007) - BacTech Mining Corporation ("BacTech" or the "Company")(TSX VENTURE:BM - News) resumed trading on the TSX Venture Exchange (the "TSX-V") on October 4th after receiving approval from the TSX-V. The stock had been halted on September 4, pending an announcement of the Company's proposed acquisition of Scorpio Gold Corporation ("Scorpio"). Full details are provided in news releases dated September 6 and October 3, 2007.


    The following is a summary of recent events involving BacTech and/or Scorpio.


    BacTech/Scorpio Merger - The proposed merger between BacTech and Scorpio Gold is proceeding as planned, with a Definitive Agreement to be signed shortly. BacTech will call a meeting of shareholders to vote on the merger which constitutes a change of control of BacTech pursuant to the policies of the TSX-V and, following conditional acceptance of the merger transaction by the TSX-V, will deliver an Information Circular to shareholders pursuant to which shareholders will be asked to vote upon and approve the proposed merger transaction. BacTech has secured expressions of support from over 40% of its shareholders.


    Cochrane Hill, Nova Scotia - Scorpio's 60% joint venture partner on this property, Atlantic Gold of Australia, issued a press release on September 14th outlining an increase in grades at Cochrane Hill. Please refer to Atlantic Gold's press release at http://www.atlanticgold.com.au to view the details of the revised estimates. Atlantic is undertaking a complete re-assessment of the historical core to better understand the deposit, the results of which will determine a meaningful resource estimate and follow-up drill program.


    Golden China Resources Corporation - On August 7, 2007, BacTech and Mintek of South Africa signed an agreement with Golden China to sell their back in rights and a gold license to use BacTech's patented BACOX technology in China, and North and South Korea. BacTech/Mintek received 847,000 shares of Golden China as compensation, with a deemed value of $0.59 per share, or $500,000. On August 13, Golden China received a friendly takeover offer from Sino Gold Mining Limited, an Australian based company with extensive holdings in China. The offer contemplates Sino issuing 1 share of their stock for every 4.5 shares of Golden China, which will result in BacTech/Mintek receiving 188,000 shares of Sino. Sino's stock recently has traded in the AUD$7-8 range, resulting in a value of AUD$1.2M to $1.5M. BacTech will own 50% of the shares to be issued by Sino.


    2 Boys Uranium Property, Quebec - Last month, the Company optioned a uranium property located approximately 40 km north of Godbout, Quebec, as announced in a news release on September 17. The $5,000 finder's fee will now be paid to Exploration Esbec in cash, and not through the issue of 25,000 common shares of BacTech as previously announced. The property currently consists of 73 map designated claims covering an area of 4,058 hectares; 50 claims are 100% owned by BacTech and 23 claims were optioned from local prospectors.


    The Company has received a detailed report for the property that outlines a two-phase work program. Phase 1 will include magnetic and radiometric geophysical surveys and follow up sampling, and will begin shortly. Phase 2 will be contingent on positive results from the initial program.


    Recent interview - The link below is an interview with Ross Orr, BacTech President & CEO. It can also be found on the Company's website (http://www.bactech.com) under Investor Relations - Related Info.


    http://www.investorideas.com/F…esources2/BM/default.aspx


    BACTECH PROFILE


    BacTech has developed and patented bacterial oxidation technology for the treatment of refractory ores and concentrates to enhance the recovery of gold, silver and base metals. BacTech has successfully commissioned three bioleach plants for gold and demonstrated its technology in the selective recovery of base metals from complex sulphide concentrates in a joint project with Industrias Penoles de C.V. of Mexico that was completed in 2001. The Company's focus is the acquisition of equity positions in projects amenable to bioleaching.


    The Company recently agreed to purchase the gold assets of TSX-listed Scorpio Mining Corporation in exchange for common shares of BacTech, which will result in Scorpio Mining becoming the controlling shareholder of BacTech. It is expected, subject to the receipt of BacTech shareholder approval, that the resulting company will be renamed Scorpio Gold Corporation.


    CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION


    Except for statements of historical fact relating to the Corporation, certain information contained herein constitutes "forward-looking statements". Forward-looking statements are frequently characterized by words such as "plan," "expect," "project," "intend," "believe," "anticipate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. These factors include the inherent risks involved in the exploration and development of mineral properties, the uncertainties involved in interpreting drilling results and other ecological data, fluctuating metal prices, the possibility of project cost overruns or unanticipated costs and expenses, uncertainties relating to the availability and costs of financing needed in the future and other factors described in the section entitled "Risks" in the Company's Management Discussion and Analysis for the Year Ended December 31, 2006. Circumstances or management's estimates or opinions could change. The reader is cautioned not to place undue reliance on forward-looking statements.


    Shares outstanding 57,457,205


    The TSX Venture Exchange has not reviewed and does not accept any responsibility for the adequacy or accuracy of this release



    Contact:


    Ross Orr
    BacTech Mining Corporation
    President & CEO
    (416) 813-0303 ext 222
    (416) 596-9840 (FAX)
    Email: info@bactech.com
    Website: http://www.bactech.com

    "Confusion is a word we have invented for an order which is not understood." Henry Miller

    Einmal editiert, zuletzt von Tschonko ()

  • Ist dieSEG wegen dem Film gestiegen gegen den trend? :D


    Mexico Mike zu scorpio.
    Der drückt das besser aus, dass es ihm stinkt...


    SPM is a paid advertiser of this website, and I am a shareholder. I know Glenn peronally and consider him to be a reputable guy. But I do not buy that explanation.


    A warrant is a contract, plain and simple, with clearly defined terms. I have some of that warrant issue, and I have the right to buy more shares until the expiry date, at a fixed price. It is MY option to exercise them or not. The company may not compell me to exercise them early or at all. So if the management of SPM issued guidance that they have the money they need to proceed with the mill construction and then blame warrants that were not exercised, that is a crock. You do not count your chickens before they hatch. No one in management that I am aware of has a crystal ball, and could guarantee that the stock would even be trading above the exercise price next week or next year. So you cannot build a financial plan on the assumption that the warrants would be cashed in early.


    Now even if they did have a commitment from a major warrant holder to exercise them early, and that institution backed out, then why should SPM do a $20 million financing? Why not just a few million bucks to cover the gap in funding until the expiry of the warrants and the subsequent conversion of most of them, to bring in the rest of the cash?


    This story is not square. Someone either made unreasonable assumptions and is guilty of flawed guidance, or someone dropped the ball on the moneyflow and they are bailing themselves out with a big placement.


    Or, they have a deal up their sleaves that they cannot talk about, which will make the whole issue worthwhile at some point in the near future.


    For the time being, I will wait until I hear more, but I am not impressed with what I have seen so far.


    cheers!


    mike
    _________________
    Ignorance can be fixed but stupid is forever.

  • Seg ist gegen den trend gestiegen, weil die nicht die Pappen halten können.. :D


    Trading halt und resource increase update.


    http://biz.yahoo.com/ccn/071017/200710170419437001.html?.v=1


    Das hat auch EDR und sie sind nun dabei, die verminderte produktionlatte einzuhalten. Passt!


    http://biz.yahoo.com/iw/071017/0316595.html

  • YLL.V schwächelt in letzter Zeit und ist heute ohne Umsatz ?(


    Mexico Mike zu YLL (vor ein paar Tagen):

    Last week I spent a day at the La Verde Project, in Sonora, Mx. The property was acquired earlier this year by V.YLL - Yale Resources for US $1.6 Million in staged payments, and then subsequently additional holdings in the surrounding area were staked to increase the total land package.


    This is the 4th project within the suite of properties controlled by Yale, and IMO it is the most prospective. There is widespread alteration throughout the property area, and numerous surface showings. The potential here is for a large tonnage deposit (or several deposits) that can create critical mass necessary to put Yale on the radar of serious mineral resources. That is probably the most important consideration for a project generator like YLL. Large discoveries tend to support large asset value and market caps for juniors. While the silver properties in Zacatecas have yielded some high grade results, they are not likely to develop into big scale development. Urique, the JV with EXM.V is an intriguing prospect with excellent potential, but it will probably amount to smaller, high grade deposits.


    Within the La Verde property package, there are several past producing mines. However these mines are pretty much narrow access workings that produced very limited volumes of high grade ore. The reason is that they developed at the turn of the last century and only the very highest grade copper mineralization would have been economic to extract and transport to a mill. In fact, the dumps of 'waste rock' that surround these old mine workings are most likely economic feedstock for a producing operation today, and tens of thousands of tonnes of this mineralization is sitting on surface if the company chooses to commence small, start-up mining to process it.


    Road access to the property is served by paved highway from the main city of Hermasillo, until the last few kilometers where a gravel road extends right to the old workings. Power infrastructure is in close proximity. Water access is limited, but Mexican mining law dictates that mines are a priority development and hence local land owners are compelled to sell water rights at reasonable prices to mine operators, so it will not present a major hurdle.


    The most significant of the historic workings was the La Verde Grande, where 2 adits extend on either side of a small valley into the adjacent hillsides. These tunnels penetrate for just limited distances underground, and a second lower level has also been developed with shaft access. A third adit is also open a few metres below, and this just extends a few metres in, with a side tunnel halfway along.


    The company has untaken sampling work every five meters in these tunnels, cutting channels across the open mineralized face from the top to the bottom of the tunnel walls. There was obvious secondary copper mineralization exposed throughout the interior of the workings, and I toured the entire area except in a couple of small caves where hundreds of bats flying within the narrow area made it prohibitive to enter.


    The tunnels appear to have been developed along old fault structures, which probably governed the emplacement of the highest grade copper. Historic data indicates that signficant lead values were also encountered, along with some silver.


    Once the company has completed mapping and sampling of the underground workings, they plan to do a drill program to outline the entire deposit and prove it up to NI43-101 resource standards. By my own estimates, I would imagine a relatively low risk confirmation drill program could define an area of about 30m depth, 50m extending into either hillside, and perhaps 80m in mineralized width of skarn ore. That would suggest about 750,000 tonnes of medium grading ore that can be easily developed and would probably be ideal for processing in a heap leach operation and perhaps an electro-winning cathode copper process. Even average grades of 1-2% Cu could be economic for that.


    The upside is that the system may extend to greater depths and perhaps even swell across a much wider area of mineralization. I would estimate that at least 1 million tonnes, and preferably 5 million tonnes of ore would be needed to contemplate any sort of development decision at this time. Just investing in infrastructure and a processing plant would require several years of mine life for capital return.


    The issue is more manageable if the company can successfully establish other mines on the property that could all produce ore for processing at a central plant, as the historic miners did. Further into the property, the El Picacho workings are noted for a very small tonnage of higher grade copper mineralization that was extracted from an open pit. No previous drilling has been completed there, but there are some veins and stockwork zones that appear to continue below the open workings, which could represent a new discovery area.


    Further up a steep hillside from El Picacho, the La Tescalana Mine sits along a narrow ridge. Again, this was a very low volume mine that was probably extremely high grade, as it would not be worth the long climb and difficult access to extract lower grade material from that spot. Also, there is almost no waste rock at surface so all of the ore that was extracted from the workings was probably rich in copper and shipped to the mill for processing by burrow in small loads.


    La Tescalana workings dipped steeply into the ridge, and line up roughly with La Verde Grande, and also with 3 other small mines further to the south. The linear relationship of all these old mines, plus the apparent structural controls on the mineralization, would suggest that they are all just the near surface expressions of a much larger system to depth.


    Skarn ore is created when an intrusive reacts with sedimentary host rock. The stratigraphy of the host rock is clearly visible along some of the small mountains on the property, and it appears the upper levels of the rock has a domed geometry, which also suggests that a large intrusive mass may have displaced the surface rock strata upwards. So I am hopeful that the company may find a significant, high grade contact zone underlies the entire district, or perhaps localized higher grade feeder zones may extend from the intrusive, downdip from the old mines.


    A final intriguing prospect is for a large porphyry system to extend in proximity to the intrusive. To date, one small porphyry has been identified by the previous operator of the property, but only anomalous values of metals were encountered. More exploration is warranted, since many large and productive porphyries exist within the region.


    I think Yale has gained a valuable exploration asset with this acquisition, and they paid a reasonable price to get 100% control. There is enough remnant resources from the old mines to give a taste of possible future production, but it will take some good fortune at the end of a drill bit to make the project into a company maker. There is certainly enough evidence of widespread mineralization to be encouraging that some positive surprises are waiting for discovery.


    Yale has been a very sedate performer through the bull market so far. The company has a very tight share structure, and respected, competent management, so exploration success should translate into good share performance for investors. I think the stock is a bargain at the current price, but so many other early stage explorers are also in the bargain bin right now, and there is probably not going to be any drilling commencing until 3 months or so passes. The stock appears to be sitting at strong support in the low 20-cent range, so I think there is limited downside risk, but I also think it will require some patience to wait it out and see if they can deliver a big discovery later in the year. The other projects the company controlls also have the potential to generate attractive discoveries that could get more attention from investors.


    I own shares of Yale. I have no relationship with the company. My direct travel expenses were paid by the company, but I do not receive any form of compensation for presenting my comments and opinions.


    cheers!


    mike

  • EDR.TO weiter im Aufwind :P War ja auch eine super Meldung gestern. - Ebenfalls gut läuft EXN


    EXM: eResearch sieht Kursziel nach wie vor bei 0.90 CAD
    eResearch Maintains Target Price in Update Report on EXMIN Resources Inc


    UC mit PP von 4,1 mio
    Warum erst jetzt? Und warum brauchen die nur Geld für McFauld's?
    UC Resources Arranges Private Placement With Powerone Capital Markets Limited


    Und auch wenns nicht wirklich hier hergehört: III.TO mit 1.01% copper, 1.26 g/t gold and 3.92 g/t silver over 1024.1 metres =) =) =)


    VG heron

  • heron,
    bei EDR schiebt der Hommelberg an.


    EXM: irgendwo ist da ein Wurm, den ich nicht sehe. Viele shares, aber das allein?


    EXN: longer geht´s nicht...... :D


    UC: andere fragen: Warum schon jetzt? Siehe VMS.
    Die machen zuerst Ergebnisse und verkaufen nun zu 1,5.
    Da freu ich mich als Aktionär......


    Bei UC zuerst PP, dann Meldung.
    Da freut sich der PP Ausüber, ich mich definitiv nicht.
    Die brauchen das Geld für Mc Fauld´s, weil hier die Musi spielt......
    So große chancen kriegt man selten.... ;)


    Dass SEG.TO wieder fällt, verwundert mich auch.
    aber die haben es alle schwer, die soeben zu produzieren angefangen haben.
    Muss mal wieder fischen gehen..... :D


    Was sagst du zu ECU, BGL, Garibaldi....?
    Ziehen alle eine schleimspur.....


    Grüße
    Tschonko

    "Confusion is a word we have invented for an order which is not understood." Henry Miller

    Einmal editiert, zuletzt von Tschonko ()

  • Tschonko
    Zuerst kommt es immer anders, und später erst wie man es erwartet hat. [André Kostolany] :D


    BGL, SEG, EXM verhalten sich alle ähnlich. Alle wollen demnächst in Produktion gehen und sind in der Testphase. Zur Zeit produziert BGL 60 tpd zur Zeit. Who cares?


    Oder SEG: Die bräuchten 1 mio oz Au-Eq, das wäre super, da würden sie Aufmerksamkeit erregen. Aber sie haben weniger, 'nur' 30 mio oz Ag-Eq.


    Bei ECU erwarte ich in nächster Zeit noch jede Menge guter News, es gibt viele Propoerties und es wird fleissig gederillt. Möglicherweise irritiert zur Zeit, dass die Produktion eingestellt wurde. Aber langfristig gesehen ... :P


    Und man kann noch viele andere nennen, die zur Zeit nicht richtig wahrgenommen werden, MTO, AMC, SNN, ...


    VG heron

    • Offizieller Beitrag

    Jo, mit...... :]


    Aber nur ein kleiner, weil vieeeel zu früh verkauft.


    Und spät zurückgekauft, aber schaun mer mal...


    Sh: http://www.goldseitenforum.de/…?postid=210083#post210083



    linar
    Prima Link,danke--, schöne Aussichten ! :)
    KXL wird seit Rückkauf auch als Goldaktie im Depot geführt.



    Grüsse
    Edel Man


    "Die Märkte haben nie unrecht, die Menschen oft." Jesse Livermore, 20.Jh.

    "Die Demokratie ist das Paradies der Schreier und Schwätzer, Phraseure, Schmeichler und Schmarotzer, die jedem sachlichen Talent weit mehr den Weg verlegen, als dies in einer anderen Verfassungsform vorkommt." E.von Hartmann

    Dieser Beitrag ist eine persönliche Meinung gem. Art.5 Abs.1 GG und Urteil des BVG 1 BvR 1384/16

  • MSV.TO ist gestern um 11% nach oben......offenbar Vorschußlohrbeeren auf den Beginn des Phase IV Bohrprogramms in Fuwan:



    http://www.mincosilver.ca/s/Ne…hase-VI-Drilling-at-Fuwan

Schriftgröße:  A A A A A