KXL.V nach th mit dieser Hammer-Meldung:
Kodiak Drills 1.6m Grading 38.47 gpt Gold, Cuts 11.6m Grading 32.96 gpt Gold
Und der Kurs steigt im Minutentakt, z.Z. + 57%
VG heron
29. November 2024, 10:17
KXL.V nach th mit dieser Hammer-Meldung:
Kodiak Drills 1.6m Grading 38.47 gpt Gold, Cuts 11.6m Grading 32.96 gpt Gold
Und der Kurs steigt im Minutentakt, z.Z. + 57%
VG heron
ja heron,
KXL stand schon im Posting davor.
Einen heißen Moly play gibt´s auch (TTQ.V), selbe temperatur wie VMS.V...
http://biz.yahoo.com/iw/071001/0309193.htm
Aber man sollte ja nicht die günstigen Minisilberproduzenten vergessen:
wie bandera, silver eagle, EXM (bald!) und EDR.TO (heute von hommelberg empfohlen!)
Grüße
tschonko
Ja, TTQ.V schiebt wieter an.
Exmin und Penoles:
EXMIN-Penoles Joint Venture Commence Drilling the Maguarichic Project, Chihuahua, Mexico
Wednesday October 3, 10:30 am ET
VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Oct 3, 2007 -- EXMIN Resources Inc. (EXMIN) (CDNX:EXM.V - News) is pleased to announce that its joint venture partner, Industrias Penoles (Penoles), has begun drilling at the Maguarichic project, as anticipated in EXMIN's News Release on September 19, 2007. The drill program underway will use two diamond drill rigs to complete an approximately 3,000 metre program and will test numerous targets. A portable drill capable of drilling short core holes of about 100 metres maximum depth is currently drilling in areas with poor road access. A second, larger, core drill is scheduled to arrive at the project in about two weeks. For information on the earn-in joint venture agreement, please see EXMIN's News Release of February 15, 2006.
Karl Boltz, President and CEO of EXMIN, stated, "We are excited to be drilling again at Maguarichic. Penoles has done a commendable job advancing the project through surface mapping and sampling this year."
"The drill program will test about a dozen new gold/silver targets defined during the exploration program to date. Given the bonanza grades encountered during historic mining operations in the area, there is a possibility to hit something very interesting," said Boltz.
Quality Assurance
Dr. Craig Gibson, PhD., Certified Professional Geologist, and Executive Vice President of Exploration is the authorized professional geologist for the Company and the direct manager of all technical programs and information.
About Penoles
Industrias Penoles is one of the largest Mexican mining companies and is the largest producer of refined silver in the world with production of nearly 99.3 million ounces of silver and 1.6 million ounces of gold in 2006. Their principal mine, at Fresnillo, Zacatecas, is the richest silver deposit in the world and produced 33.7 million ounces in 2006.
About EXMIN
EXMIN Resources Inc. is currently focused on the exploration and development of precious metal properties of significant merit in the Sierra Madre gold belt of Northwestern Mexico and in other well mineralized regions of Mexico.
Bactech nimmt morgen den Handel wieder auf.
Ob man als Scorpio Holder etwas bekommt, ist mir weiter verborgen.
Die letzten Scorpio drillings von vorgestern waren jedenfalls sehr gut.
http://biz.yahoo.com/cnw/07100…o_drill_results.html?.v=1
BacTech to Resume Trading October 4, 2007
Wednesday October 3, 10:00 am ET
TORONTO, ONTARIO--(Marketwire - Oct. 3, 2007) - BacTech Mining Corporation ("BacTech" or the "Company")(TSX VENTURE:BM - News) is pleased to announce it has received notification from the TSX Venture Exchange (the "TSX-V") that its shares will resume trading at the opening on October 4, 2007. Trading was halted at the Company's request on September 4, 2007 in anticipation of the announcement of the Company's proposed acquisition of Scorpio Gold Corporation, a subsidiary of Toronto Stock Exchange listed Scorpio Mining Corporation (TSX:SPM - News), which will result in SPM becoming the majority shareholder of BacTech, and remained halted in accordance with TSX-V policies pending the filing of certain preliminary documents. The details of the proposed acquisition are set forth in the Company's previous press release dated September 6, 2007.
ADVERTISEMENT
For those who may have missed the original press release, the announcement is summarized in a condensed form below.
On September 4, 2007, the Company signed a Letter of Intent ("LOI") with a private company incorporated under the Canada Business Corporations Act ("CBCA"), Scorpio Gold Corporation ("SGC"), which is 93.5% owned by Toronto Stock Exchange listed Scorpio Mining Corporation ("SPM"), also incorporated under the CBCA, to acquire its gold assets in Nova Scotia and Quebec, in exchange for common shares of BacTech. The transaction will result in SPM becoming the controlling shareholder of BacTech. BacTech has been advised that SPM does not, to its knowledge, have any shareholders who are control persons within the meaning of Canadian securities laws.
BacTech, subject to shareholder and TSX Venture Exchange ("TSX-V") approvals, and certain other customary conditions, will issue to SGC shareholders 2.6 shares of BacTech for each share of SGC held at a deemed value of $0.18 per share, resulting in SGC shareholders acquiring approximately 56% of the common shares of BacTech (approximately 50.7% on a fully diluted basis). The signing of a definitive agreement will be preceded by a 35 day due diligence period. The transaction is expected to close within 120 days, and is subject to customary conditions, including definitive documentation, receipt of all requisite regulatory approvals, including the approval of the TSX-V and the Toronto Stock Exchange, and approval by the shareholders of BacTech. BacTech has obtained voting support agreements supporting the transaction from shareholders representing more than 40% of the outstanding shares of BacTech.
The resulting company, to be called Scorpio Gold Corporation, will continue to pursue BacTech's strategy of acquiring refractory gold and complex base metal projects for application of its proprietary bioleaching technology. The Company will also have an excellent portfolio of advanced stage development properties in Canada, and access to SPM's expertise in Mexico for acquiring, developing, or operating complementary projects in Mexico.
The proposed management of the resulting company is as follows:
Peter J. Hawley, Chairman and CEO
M. Ross Orr, President
Louis R. Nagy, Chief Financial Officer
Paul C. Miller, Vice President, Technology and Engineering
Stephen Roebuck, Vice President, Development
The proposed Board of Directors of the resulting company is as follows:
Peter J. Hawley, Chairman
M. Ross Orr
John C. Gingerich
D. Roger Scammell
(plus 3 mutually agreed independents)
The new company will be based in Toronto at BacTech's current location, and will continue to be listed on the TSX-V.
The Scorpio Assets
Caribou Gold Mine: Located 80 km north of Halifax. SGC has the right to earn a 100% interest in this past-producing high grade gold mine, with potential to expand and upgrade the current National Instrument 43-101 ("NI 43-101") inferred mineral resources of 350,305 tonnes grading 8.41 grams of gold per tonne, uncut (94,763 contained ounces of gold). An aggressive exploration and development plan has begun that includes surface diamond drilling, dewatering of the old mine shaft, erection of a head frame, a hoist system, supporting surface infrastructure, underground mapping and diamond drilling. Completion of this program will require additional financing and various alternatives are being considered to raise these funds. A bulk sample decision will be made based on the results of this program.
Cochrane Hill Deposit: 100% owned, located in Guysborough County, Nova Scotia. Recently, this advanced property was optioned to Atlantic Gold of Australia. The current NI 43-101 resource study estimates an indicated mineral resource of 588,794 tons grading 0.191 ounces of gold per ton (112,460 contained ounces of gold) and an inferred mineral resource of 29,422 tons grading 0.165 ounces of gold per ton. Atlantic Gold will work to increase these resources through a planned $4.75 million exploration program and will make $100,000 in cash payments over a four year period to earn a 60% interest in the project. Atlantic Gold's main focus will be to look at the economic viability of an open pit mining operation.
Lac Arseneault Property: Located in the Gaspe region of eastern Quebec, the property is a mid-stage exploration project in which SGC has an option to earn a 100% interest. High-grade gold-silver-zinc-lead mineralization is hosted in an extensive system of quartz veins and breccia zones. Previous work includes mapping, geophysics, trenching and diamond drilling.
SPM has had a presence in Mexico for over nine years and, as such, has evaluated numerous properties which do not fit the mandate of the company, but could potentially fit SGC's plans. Initial reconnaissance by SPM has identified five gold showings worthy of follow up by SGC. Mexico is host to many refractory deposits in both gold and base metals, and it is expected that an extensive search will begin to locate a suitable project following the completion of this transaction.
The Qualified Person, as defined under NI 43-101, for SGC's projects, is the President of Scorpio Mining Corporation, D. Roger Scammell, P.Geo. Mr. Scammell is responsible for the current exploration and development programs and the preparation of all technical information provided in this press release.
CAUTIONARY STATEMENT REGARDING REVERSE TAKEOVER TRANSACTION
Completion of the transaction is subject to a number of conditions, including TSX-V acceptance and disinterested shareholder approval. The transaction cannot close until the required shareholder approval is obtained. There can be no assurance that the transaction will be completed as proposed or at all.
Investors are cautioned that, except as disclosed in the filing statement to be prepared in connection with the transaction, any information released or received with respect to this transaction may not be accurate or complete and should not be relied upon. Trading in the securities of BacTech should be considered highly speculative.
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. The Company's focus is the acquisition of equity positions in projects amenable to bioleaching. Recently, the Company expanded its focus through the establishment of a uranium Joint Venture with Quinto Mining Corporation in Quebec.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION
Except for statements of historical fact relating to the Company, SGC and SPM, 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, and in the section entitled "General Development of the Business - Risk Factors" in SPM's annual information form for the year ended December 31, 2006 as they relate to the SGC gold assets. 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-V has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release. 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
Bandera bin ich auch dabei, tut sich aber nichts seit geraumer Zeit. Hoffe die Geduld macht sich bezahlt.
Gruß
der DAU
Ein paar Meldungen:
Normabec Obtains 338.7 g/t Ag Over 5.1 Metres at the Real de Catorce Silver Mining District in Mexic
VG heron
Bei RCT.V gibt's ein PP. Irgendwie originell, wo doch nun seit ein paar Monaten die Produktion läuft und gutes Geld verdient wird.
Rochester Announces $3.5 Million Financing
VG heron
MSV.TO mit neuen Drilling Resultaten.
Die Kursentwicklung der letzten Tage ist mehr als berechtigt:
Und bei dem muesste dann MMM zu 40% mitziehen.
Weitere news:
Tumi TM.V: dieser drill könnte sehr interessant werden.
http://biz.yahoo.com/ccn/071004/200710040417203001.html?.v=1
Ich kenn ise nicht so gut, aber man sollte sie sich mal anschauen.
Bei Impact geht es Stück für Stück. Da braut sich ein ziemlich großer komplex zusammen. Einige kleine produzierende Minen mit viel Drumherum.
Cash flow positiv......
IMPACT Silver Announces Zacatecas Sampling Results
Thursday October 4, 1:32 pm ET
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 4, 2007) - IMPACT Silver Corp. ("IMPACT") (TSX VENTURE:IPT - News) is pleased to announce results from an initial sampling program undertaken on the wholly-owned Nueva Granada and Asturiana concessions in the Zacatecas Silver District.
ADVERTISEMENT
The concessions cover both the San Jose Vein and the Armado Vein, which are branches of the Veta Grande vein system. Historically, the Zacatecas Silver District has produced over one billion ounces of silver, of which the Veta Grande vein system was the largest contributor. Historical mine plans indicate that these two veins on IMPACT's concessions were mined along a length of 800m and to a depth of 150-200m.
SAN JOSE VEIN
The San Jose Vein crosses the concessions over a distance of 800m. Old mine workings and dumps mark the surface along its entire width. A total of six channel samples were collected from surface exposures of the vein and averaged 239g/t silver over 0.74m true width ("TW"), ranging to a high of 444g/t silver over 1.10m TW. Five old mine dumps were also sampled along the vein. Two samples were collected at each dump site. The average of the five sulphide-bearing samples was 407g/t silver, ranging to a high of 1,070g/t silver. The average of five sulphide-poor samples was 141g/t silver, ranging to a high of 390g/t silver.
ARMADO VEIN
The Armado Vein trends 100m west of and runs parallel to the San Jose Vein. It has been traced over a distance of 500m and is marked by old mine workings and dumps along its entire length. Channel samples collected from surface exposures of the vein located 130m apart assayed 237g/t silver over 1.92TW and 1,320g/t silver over 0.30mTW. Two samples were collected at an old mine dump on the vein located 400m to the north. A sulphide-bearing sample assayed 358g/t silver and a sulphide-poor sample assayed 247g/t silver.
Several splay veins branch off the main Armado Vein. A channel sample from a splay vein in the southern portion of the concessions assayed 188g/t silver over 1.04m TW. At this location, a sulphide-bearing sample from the old mine dump assayed 556g/t silver and a sulphide-poor sample assayed 54g/t silver.
IMPACT has an option to purchase a 200-tonne-per-day processing plant that is located in the center of the Zacatecas Silver District and six kilometers south of the concessions. Presently, the plant is being operated on a custom milling basis for local miners.
Based upon the encouraging results from this initial field work and the concessions' close proximity to the processing plant, a first phase drill program is being planned.
Edward Lyons, P.Geo., a Qualified Person under the meaning of Canadian National Instrument 43-101, is responsible for the technical content of this news release. Chip and channel samples were collected from cleaned rock faces over a continuous representative interval using a chisel and hammer. A total of 5% assay standards and blanks were inserted into every sample shipment as a quality control measure. All samples were shipped to the ALS Chemex preparation laboratory in Guadalajara, Mexico, where they were fine crushed (70% passing a 2mm screen), pulverized (85% passing a 75 micron screen) and pulp split separated for assay by a riffle splitter. These pulps were shipped to the ALS Chemex laboratory in North Vancouver, Canada, where a 30-gram split of each was assayed for gold and silver by standard fire assay and a 10-gram split was analysed for an additional 30 elements by ICP spectrometry.
IMPACT Silver Corp. is a silver focused mining and exploration company with a producing silver operation at Zacualpan, Mexico, an advanced project with a producing mill at Zacatecas, Mexico, and other projects in the Dominican Republic. Energold Drilling Corp. (TSX VENTURE:EGD - News) owns 6.6 million shares of IMPACT.
On behalf of the Directors of IMPACT Silver Corp.
Frederick W. Davidson, President & CEO
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.
Contact:
Darrell Rader
IMPACT Silver Corp.
Corporate Development
(604) 681-9501
(604) 681-6813 (FAX)
Email: inquiries@IMPACTSilver.com
Website: http://www.IMPACTSilver.com
10/2/2007 3:48:43 PM | Institutional Research Partnersclarity
CEO Interview Series - Richard Hamelin of UC ResourcesQ: Let's begin with a brief overview of your company, UC Resources (TSX: V.UC, Bullboards), please.
A: UC Resources is a gold/silver exploration company with a focus on producing. We have excellent assets in Mexico and Canada. Our recent acquisition in Canada has a base metals focus with excellent copper/zinc grades, in a setting for a potential "world class" VMS (volcanogenic massive sulphide) mining camp
Q: And what is happening in the Canadian mining industry nowadays?
A: The mining industry is on the rebound from a serious correction over the last few weeks. The demand for both precious and base metals is increasing. Even as the US economy slows, the demand in India and China more than makes up for the gap created by the US. The consumption of these metals continues, and there is no imminent change to that reality
Q: What is the market opportunity for UC Resources?
A: We are going to be putting a resource together on our VMS deposits at our McFauld's property very shortly, we are also going to aggressively evaluate and drill our Noront (TSX: V.NOT, Bullboards) "look-a-like" targets on our McFaulds West Property, as well as McFaulds 1,2, and 3.
We expect to capitalize on strong gold and silver prices with production from our La Yesca Project. We have a mill that has operated at 200 tpd and is scaleable to 600 tpd. This should allow us to be self-sustaining and fund our exploration. We are growing though strategic acquisitions and by proving up our prospective lands through drilling, La Soledad in particular has provided us with some of the highest grade gold/silver intersections in mining and we will be very busy defining a resource on that property later this fall. All in all we look to be very aggressive in Canada and Mexico in the weeks and months to come
Q: And what is your approach to capitalizing on your properties and projects?
A: We are actions driven. We can't focus on the market every day; rather we are building a business and have always believed that regardless of the market, fundamentally we are making strides on the ground. We look to continue to provide value for our shareholders by further delineating our assets. Given what the company has achieved over the past two years, I believe we are significantly undervalued.
Q: What are the last years' highlights for UC Resources?
A: Well, one is the massive holes at our past producing La Soledad mine in Mexico: 1.32 oz/tonne gold and 112.01 oz/tonne silver over 2.45 meters, and 1.3 oz/tonne gold and 45.6 oz/tonne silver over 5.15 meters - right in line with past production
Also, our production asset at La Yesca has run feed at 200 tpd and is capable of 600 tpd, we have a nice inferred resource with minimal cost per tonne to operate, ready to generate cash flow
Lastly, at McFaulds, James Bay, Ontario- we have had some excellent intercepts here the latest being over 19 meters of 4.35% zinc and 2.69% copper. A previous hole intercepted 8% copper over 18 meters. Now we have had over 100 meters with an average of 4% copper and 4% zinc. There has been excellent success in this area of late, and we are keeping a close eye on our neighbor Noront Resources, as they have hit what looks like a major discovery. This bodes very well for a major mining camp in the James Bay area
Q: What are the expected returns for investors in junior mining companies?
A: Investors in junior mining companies expect significantly higher returns given the higher risk in the junior mining sector. However, as a producer our goal is to provide reduced risk, along with significant upside from exploration on some very attractive properties in Canada and Mexico.
Q: What is the background and experience of management that you believe makes them capable of achieving the company's goals?
A: I have been in mining and markets my entire life, from Kid Creek Mines in Timmins, to the capital side as a director at Canaccord in Quebec, to my involvement in many projects that have progressed to production or have had major discoveries. Our VP of exploration Neil Novak has been a part of many world class discoveries in mining and sits on quite a few boards sharing his vast knowledge of the industry. We have a strong executive team that is results oriented, and have proven they can grow companies. As well, our assets are starting to prove that we have made some very good decisions with our acquisitions.
Q: Please tell us about the capital structure of UC Resources.
A: At present we have 89 million issued and fully diluted it is closer to 97 million. When I came on board over two years ago, the company had no money in the treasury and we did financings at lower levels, which caused some dilution. However, with the capital we raised we were able to undertake key acquisitions and expand the Copalquin land package. We've had a high of .85 and since pulled back with the rest of the market
Q: What is the most important goal UC Resources is likely to achieve in the next 12 months?
Cash flow from our La Yesca operation will take us from a high risk play to a moderate risk play. That will allow us to be self sustaining and fund our exploration without going to market, and we are very close. Our exploration assets are ripe, and ready to be drilled, and we intend to have developed a resource estimate on both the McFauld's and La Soledad over the course of the upcoming year. As earlier stated we have been analyzing data from recent McFauld's discoveries and the company is very keen on drilling the Noront "look-a-like" targets on our McFauld's properties
Q: Thank You for the interview and all the information about UC Resources. How could investors learn more about UC Resources?
A: You are most welcome, we appreciate the opportunity. As far as finding out about our properties and operations, investors should begin by visiting our web site: http://www.ucresources.net ,
Institutional Research Partners, LLC
New York, NY
@ELDO
ZitatUnd bei dem muesste dann MMM zu 40% mitziehen
Haben Sie auch
Tschonko
Hab mir nun mal SMR.V / Silvermex Resources näher angesehen. Die scheinen in der Tat sehr interessant zu sein: erst seit einem Jahr an der Börse, zwei Properties in Mexiko, und bereits rund 10 mio oz Ag nachgewiesen.
Kurze Zusammenfassung aus dem aktuellen Allan Barry Report (http://www.stockhouse.ca/bullb…e=LIST&navmode=1&navd=rev )
Silvermex has a drill program underway on their Cerro De Plata project in Mexico. This project was an acquisition that was added to complement their more advanced project, Panasco Quemado, which is also in Mexico. Past work at Cerro De Plata included surface sampling that returned promising silver and copper grades from channel sampling. The drilling is testing geophysical anomalies in areas where they had found silver and copper in the surface sampling. We look forward to results from this drilling as it could add another highly prospective project to their portfolio. Their key project is the Panasco Quemado that has quickly advanced from discovery to its first resource calculation of a healthy resource of silver in a very short period of time. To prepare for follow up drilling to expand the resource at Penasco Quemado they are doing geophysical surveys. From what they have learned in past drilling and the current geophysical work, it should help them significantly with their target selection for the upcoming drilling. These two projects – one that is more advanced and another with a lot of exploration potential – complement each other very well. The company has only been trading for a little over a year. Because they had early success, they have not had to issue a lot of stock at lower prices so they have a relatively small market capitalization. With not a lot of stock outstanding, good quality projects, and drilling underway, they are well positioned for growth.(...)
Heute nun die Meldung, dass es eine dritte Property gibt:
Silvermex Options San Marcial Property from Silver Standard
VG heron
heron,
das Hamelin Interview ist auch interessant.
Die sind jetzt irgendwie am Schnitt.
Der Bringer könnte schon das kanadaprojekt sein.
In Mexico haben sich die Dinge etwas vergangen zeitlich....
far behind promises.....
Im Jänner hab ich alle aus der Speku (das letzte Drittel...)
Feuerwerk bittesehr!
Silvermex, ja die sind schon interessant, ebenso wie die Mexican silver Mines.
Ich werd in den nächsten Wochen die bestehenden ein bisserl durchforsten u. das hier auch öffentlich machen.
Bei Überschneidungen (wenn wer sie noch im Depot hat), könnte man ja zusammenspielen.
Gammon Gold hab ich heute verkauft. Nullsummenspiel nach 15 Monaten.
Selbst schuld. Spesenminus.
Jetzt, wo sie abhebt!
Timing hab ich zur Zeit wie eine Wildsau mit einem Lötkolben im Hintern......
What shall´s ...
Dafür gehen die Schwergewichte bestens: FR.V, EGD.V ...........
ECU und GOG (der trau ich die Wildsau auch zu....!)
ECU Silver Mining Inc. and Golden Tag Resources Ltd.: Commencement of Phase 3 Drilling on San Diego Property, Mexico
Wednesday October 10, 9:09 am ET
MONTREAL, QUEBEC and TORREON, MEXICO--(Marketwire - Oct. 10, 2007) - Golden Tag Resources Ltd. (TSX VENTURE:GOG - News) and operator ECU Silver Mining Inc. (TSX:ECU - News) are pleased to report the commencement of a Phase 3 program of surface diamond drilling on the San Diego Joint-Venture property in Durango State, Mexico. This program will entail approximately 6,000 meters of drilling to test or evaluate:
- additional extensions along strike and at depth on all veins, in particular the La Cruz, Rata and Montanez Veins.
- zones of stringer and skarn-type alteration, and mineralization with bulk mining potential.
- potential for alternative styles of mineralization including the promising high grade gold intersection of 15.31 g/t Au over 3.25 meters intersected in the final part of Phase 2 drilling, and,
- in-fill on currently identified zones.
Results from Phase 1 and Phase 2 drilling were summarized in a press release dated August 27, 2007. The results confirmed the continuity of polymetallic high grade mineralization on laterally and vertically extensive veins, and more than exceeded the expectations of the companies.
The San Diego Property is well situated with excellent nearby infrastructure. The Property can be easily accessed all year round and is located only 20 km from a major interstate 4-lane highway, as well as 6 km NE from ECU Silver's mining and milling operations at Velardena where an experienced workforce is readily available.
Ms. Kateri Marchand, P.Geo, a "qualified person" within the meaning of NI 43-101, has reviewed and confirmed the disclosure in this news release.
ECU Silver Mining Inc. is a Canadian silver and gold mining and exploration company that is involved in the evaluation, development and mining of precious metal deposits in Mexico. The Company owns the historically prolific Velardena Property which holds five historical mines and a milling operation in the state of Durango, Mexico.
Golden Tag Resources Ltd. is a junior exploration company actively exploring for high grade gold and silver deposits at the San Diego silver project in Durango State, Mexico; the Aquilon gold projects in James Bay, Quebec; and the McCuaig gold project in Red Lake, Ontario.
der Mensch ist zu einem market mover geworden, eine Art Prinzchen Midas...jetzt hat der die Silver Grail wieder mal berührt. Schlecht sind die ja nicht, sehr hochgradige Erze werden vermutet, und Hommel wird nicht für seine PR bezahlt noch hat er mit dem Manager gesprochen, aber er besitzt 10 % der Company
In drei Gebieten wird aktuell gebohrt - Konkin hat in Oberflächenproben bis 1 kg Silber pro Tonne ergeben - das Schwellwort 'VMS' fehlt natürlich auch nicht.
Abwarten, jetzt nicht kaufen, wer sie nicht schon hat. Vielleicht wird das mal ein pp, aus dem was wird.
Gruss,
Lucky
Hallo Lucky,
da hast wohl recht........
Stell es rein, was ergeschrieben hat.
Here's why I mention Sabina:
There is another company nearby Sabina's Del Norte project that has something interesting, the Tonkin Silver property jointly owned by Silver Grail and Teuton.
I own over $1 million worth of Silver Grail, which is over 10% of Silver Grail, about 1.7 million shares, which trades only about 28,000 shares per day.
Silver Grail has a market cap of only $7.9 million at $.58/share.
Contrast that to Sabina's $182 million market cap!
See:
http://miningpedia.com/?s=silver+grail
The Tonkin property's TEM anomoly is larger than Sabina's Del Norte property!
See here for the area map, comparing the two:
http://silvergrail.com/pdf/KS_TEM3.pdf
On September 17th, Silver Grail announced that they are drilling this property now. After over a year of waiting!
http://biz.yahoo.com/iw/070917/0302871.html
Last year, Silver Grail was on target to drill at least 4 properties, but did not succeed due to weather, and difficulty getting drills. I'm glad to see that they are finally drilling the Tonkin, which they did not get a chance to drill last year.
Will the Tonkin silver property show us the goods? Will the drilling reveal high grade results? I don't know.
But Silver Grail's stock moved up nearly 29% today, and I wanted to bring this opportunity to your attention before it moves up much further. It typically trades in a range between $.50 and $.75/share, which is a large range, but typical of the very thinly traded, small market cap stocks.
I have not been in contact with Dino Cremonese, P.Eng, (director of Silver Grail), in about 5 months, so I have no inside information about this company.
I believe the Tonkin silver property is also 50% owned by Teuton Resources, which has a market cap of $16 million fully diluted, therefore you should also research Teuton here:
http://miningpedia.com/?s=teuton
I believe that Dino is more excited by Silver Grail's prospects near the Homestake Ridge Property of Bravo Ventures, (BVG.V)
See:
http://miningpedia.com/?s=BVG.V
And oddly enough, I hired an independant geologist who reviewed all of Silver Grail's projects, and he was most excited by Silver Grail's moly projects!
http://www.silvergrail.com/moly_claims.htm
So, when "none of the experts", not the largest shareholder (me), not the head of the company (Dino), and not the independant geologist, can agree on which of Silver Grail's ten projects, are the most important, I hope that this can explain to you the risks inherant in the exploration industry. IE, NOBODY KNOWS! That's why they call it "exploration"!
Nevertheless, it is in exploration that true wealth is created!
Please do not pay more than $.75/share for Silver Grail stock tomorrow--regardless of where the stock might head if they encounter exploration success or failure on any one of the three most prospective properties, out of ten that they own.
After all, Silver Grail has traded in a range between $.40 and $.80 in the last year, and between $.40 and $1.00 in the last two years.
Always look up the charts, too, before considering buying anything:
http://finance.yahoo.com/q/bc?s=SVG.V&t=5y&l=on&z=m&q=l&c=
Now, I've wanted to write more about the Silver Summit, and about miningpedia.com, and about Azteca Gold, and about other things, but sometimes the market dictates what to write about instead, as Silver Grail was up nearly 29% today. So the other topics will just have to wait.
By the way, I also once owned Kenrich Eskay, also looking for that "next Eskay Creek" mine in B.C. Canada, that has a current market cap of $43 million at $.57/share. See here:
http://miningpedia.com/?s=Kenrich-Eskay
Sincerely,
Jason Hommel
Im übrigen:
SST. V Silverstone rennt wie die Katz, auch EDR.V mit gutem Aufwind.
Die Mexican Silver mines werden von smallcap Brunner gecovert.
Da werden wir bald mehr Umsatz haben in D wie bei den Canucks.
Kommt ja öfter vor: I only say halo......
HLO.V
Die sind übrigens auch in der Nähe von VMS.V
Grüße
Tschonko
Tom Szabo gestern:
"For those who don't, let me repeat my new motto: Fortunes may be saved in gold, but fortunes will be made in silver! Or if you prefer, the rich should buy gold and the soon-to-be-rich should buy silver."
Das sag ich mit anderen Worten schon länger....
Die Liste der Aussteller auf der Edelmetallmesse hat´s in sich.
http://www.edelmetallmesse.com/de/aussteller-minen.php
Puuuhh, to much to talk....
2 Vorträge über Kolloidsilver gibt´s auch. Theoretisch und praktisch.
Die Primärsilverproducer kamen noch stark zurück.
Aber man weiß nun definitiv, wer überproportional vom steigenden Silberpreis (wenn er mal steigen wird... :D) profitiert.
Das muss ich mir irgendwie unbedingt merken.......
Neige dazu, so etwas wieder zu vergessen....
Grüße
Tschonko
Videopräsentation von SMR.V
Sehr anschaulich, aber nicht ganz aktuell, vermutlich von Anfang des Jahres
Tschonko
MSM.V ist auf jeden Fall interessant.
Und da gibt es noch so viele andere
MNV.V mit aktueller Meldung und historischen Daten (175 ounces per ton [Ag] ... in the old mine workings)
Mexivada drills mineralized intercept at La Republica; Moly Dome IP anomalies identified
Hab mir auch mal ein paar interessante Zwergerl in Kanada angeschaut: PNL.V und MTB.V. Die hatten letztes Jahr 5 meters of 160 oz/t Ag auf der MB Property (nicht zu verwechseln mit 160 g/t)...
VG heron
KXL.V: Wie gross ist denn nun der neue Fund auf der Hercules Property? Könnte was ganz groooosses sein
Mexiko Mike war jetzt dort. Hier sein Bericht (aus dem smartinvestment forum):
I got back home late this evening from the Hercules Property. We landed in a snowstorm at Geraldton, and then hopped in a truck with the project geo to spend the day swinging rock hammers at outcrops. I plan to write a full trip report tomorrow but I am too dozy to concentrate right now. I hate to leave that sort of thing for a Friday, so I will just post a couple of notes:
The system is massive, with several nested veins including two that run for about 2 kms so far and remain open lateraly and to depth. They have issues with swamps and lakes that interupt the stripping of the veins so they have to wait for winter, but they have identified drill targets up the yin-yang from the surface sampling so far. I walked the length of one of the more productive veins and saw that the sampling was done in a straight line across the vein, in 20m intervals. So it was not a question of just high grade sampling that was reported.
The visible gold in this system is the best I have ever seen. I brought home 4 samples and I look forward to the next Toronto goldbugs meeting to show them around. Absolutely off the charts! There were so many gold spots just along the surface of the veins I lost count, and some were about the size of my thumbnail. I did not want to take home the samples from the vein that were exposed, so I spent about half an hour with a geo and a prospector, breaking rock and I only took the more interesting samples, but we found VG all over the place.
There are numerous samples and 10 more drill core assays still pending, and KXL has paid a higher lab fee to get priority testing done. So I expect more news will be released very soon. I think the market is going to like it too, based on what I witnessed for myself.
I will post more tomorrow. For personal disclosure, I bought more shares this week, and have not sold a share since last winter, but I do have plans to take some profits later in this run and ride the zero cost average shares. So I do not want to overly hype this story and sell into it, but be advised I plan to take about a quarter of my shares off the table, somewhere above $2. KXL paid my airfare to the project today, but I do not receive any form of compensation for my time or for posting my reports.
cheers!
mike
Interview with Jim Williams, CEO of Arian Silver
Zitat: 'And my goal is to have production within 18 months; by the end of 2008 for example. With this mindset I really do think we can be one of the larger junior producers in Mexico.'
VG heron
Hallo heron,
KXL, jaaaa verdammt, zur Zeit gibt es sehr viel Interessantes.
Hab im VMS Thread darauf hingewiesen, dass sie abfliegen, was auch eintrat.
ohne mich.
Darum sollte man das Depot durchforsten.
Vielleicht hatten wir den schon. MSM u. Silvermex sind beide in München.
http://news.silverseek.com/PeterSpina/1189706750.php
Pinnacle und die Mountain boys haben JV.
in dem zusammenhang sind die TSJ.V auch sehr interessant.
Die haben an pinnacle eine Goldproperty verscherbelt, sind aber ein sehr interessanter molyplay.
Arian schaut auch sehr gut aus. Du hast neulich gesagt, man kann nicht alle.....
Leider wahr!
Aber schön wär´s schon!
Grüße
Tschonko