Malachite Resources NL – MAR.AX - WKN: 779197

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MALACHITE RESOURCES NL – MAR.AX - WKN: 779197

http://www.malachite.com.au

ca 12 Mille € MC: siehe Übersicht unten.

Übersicht: http://www.malachite.com.au/html/about_malachite.htm

MALACHITE HAS FOUR KEY PROJECTS ...
Tooloom Gold Project, where Newmont is spending up to $5 million to farm in

Conrad Silver Project, wholly owned, comprising multiple high grade silver-base metal lodes

Mt Isa Region Copper Project, where drilling has intersected high grade copper-gold mineralisation at two prospects

Elsmore Tin/Tungsten Project, tin and tungsten in hard rock greisen and alluvial deposits

BUSINESS PLAN
Malachite is an ASX listed Australian resources company whose primary aim is to create shareholder wealth by the discovery of a world class ore deposit.
As a specialist explorer the Company is focussing its efforts on the steepest part of the mining industry value curve – the discovery phase (see diagram below). Success with this primary objective would provide significant leverage for Malachite and allow the Company to continue to focus on its strength – exploration for major ore deposits in eastern Australia. Once an ore body has been found by the Company, a joint venture or similar relationship would be formed with a larger mining company that has the expertise to conduct a feasibility study and the technical and financial capacity to develop and operate a mine (e.g. the Newmont farm in at Tooloom).
Malachite has a secondary aim which is pursued in parallel with its primary objective. This is to discover a smaller ore deposit that is amenable to rapid evaluation, permitting and development, allowing the Company to generate a cash flow. Development and mining of such a deposit is more likely to be within the Company’s technical and financial capacity, although a joint venture structure is also possible. The cash flow generated would be used to fund future growth and finance the Company’s primary objective, at the same time minimising the need for new capital issues and dilution of existing shareholders.
In the longer term, Malachite envisages paying dividends to its shareholders and as its corporate expertise grows, it may be able to take on the development and operation of larger projects in its own right.
Exploration emphasis is placed on gold, silver and copper deposits. Deposits targeted for gold and silver are those associated with intrusive rocks within the fold belts of eastern Australia (e.g. Tooloom, where the target is intrusion-related gold deposits of “Alaskan” type, and Conrad, where the silver target lies within a well mineralised granite province). For copper the main target area is the world class Mount Isa copper province in northwest Queensland.
Tin and tungsten deposits are also of interest, especially in northern NSW where the Company is already active in relation to gold and silver. This region is a major historic producer of tin and tungsten and the Company believes there is excellent scope to identify a small resource that could be developed quickly and cheaply to generate cash flow.
Many of the Company’s projects are essentially polymetallic in nature, where gold, silver or copper occur with one or more of tin, tungsten, molybdenum, antimony, lead and zinc. In these cases a significant part of the value may reside in metals other than gold or silver (e.g. Conrad Silver Project).
It is the company's intention to remain unhedged to the fullest extent possible, so as to retain maximum leverage to the prices of gold, silver and copper.
A key strategy with which Malachite is implementing its business plan is the concept of “strategic alliance”, whereby the Company forms business links with other mining companies that offer technical, financial or mineral resources complimentary to Malachite’s. The Company currently enjoys such a relationship with Macmin Silver Limited and Straits Resources Limited, both listed Australian mining companies with interests in the same metals and regions as Malachite. Macmin and Straits are both shareholders in Malachite Resources and a Malachite holds shares in Macmin. Malachite’s managing director serves on the boards of both Macmin and Straits, while Macmin’s managing director serves on the Malachite board.

The following information is current for Malachite Resources NL as at 31 January 2007:
SHARES (ASX Code MAR)
Total number of shares on issue 99,449,065
Number of shareholders 1093
Holding by or on behalf of the
20 largest shareholders 40.81%

SUBSTANTIAL SHAREHOLDERS No. of Shares % of Issued Capital
G G Lowder, M L Lowder &
Ledesa Pty. Ltd...................................5,002,500.....................5.03
Straits Resources Ltd..........................6,233,334 .....................6.27
OPTIONS (ASX Code MAROA)
Exercisable @ 20c on or before
31 August 2008.................................30,349,085

Ich hab Malachite lange gehabt und imo hat sich die Company gut entwickelt.
Heuer dürfte ein entscheidendes Jahr werden für die Ziele.

Interview mit Garry Lowder (CEO)

http://www.malachite.com.au/pd…0Insight%20Feb%202007.pdf

Our current liquidity is about four million dollars, which
should be sufficient for us to achieve our goals this year,
and leave us in a sound position going into 2008. We
don’t have any specific plans for another capital raising,
but we usually like to offer our shareholders the chance to
buy a few shares at a discount under a shareholders’
share purchase plan.
We do that about annually, so we’ll probably see that
happen in the September quarter this year, which should
top up our coffers a bit. Then we have around 30 million
20 cent options that expire in August 2008, so hopefully
our option holders will find it attractive to exercise those
options at the time, and that will provide
us with $6 million dollars in new capital in the middle of
2008. Our hope is that we will be ready to apply this
capital to the start up of our first mine.

Brendan Fitzpatrick – Resources Analyst
Finally, what milestones should investors look for over
the next six months?

Malachite Resources MD – Garry Lowder
It’s going to be a very busy period, with a lot of things
happening in parallel. The results of drilling at Conrad will
be released periodically as the programme proceeds, and
a synthesis should be out around the middle of the year.
In the case of Tooloom, the first drilling since the entry of
Newmont, is scheduled to commence in April, so we could
expect to see some assay results from that around the end
of May. In North-West Queensland we can’t expect much
news until May or June, given that access will only be
possible after about April. And then closer to home, we’ll
have the results of the bulk sampling and trial processing
for tin and tungsten at Sheep Station Hill by the end of
April or early May. So those are the key things to look for.
As I said, it’s going to be a very busy period but fortunately
we have two new geologists coming on board in the next
few weeks, and we seem to be in a pretty good position
with regard to the availability of drill rigs. So I guess at this
stage you could say the Quarterly Report for the June
quarter this year looks like being a bumper issue.

Brendan Fitzpatrick – Resources Analyst
Thank you Dr Lowder.

Grüße
Tschonko

@emo,
ich komm auf ca 12 Mille MC.
Die Dilution ist nicht so schlimm bei MAR im Gegensatz zu anderen.
da kann schon mal eine aktie billiger ausschauen, aber trotzdem teurer sein. Hier nicht der Fall.

Ein Blick auf das management:
Da fällt auf, dass hier, ein seltener Fall, von 5 Leuten drei Geologen sind.
Da kann man getrost auf die Güte der Properties setzen.....

http://www.malachite.com.au/html/profiles.htm

Info zum CEO:

Garry G. Lowder Ph.D., B.Sc. (Hons.), F.Aus.I.M.M., M.A.I.C.D.
(Chairman & Managing Director)
Garry Lowder has 38 years experience as a professional geologist, including nearly 30 years in exploration, mostly in Australia, Indonesia and Papua New Guinea. In Australia he has worked extensively in the Lachlan and New England Fold Belts of NSW, the Eastern Goldfields, Pilbara and Kimberley regions of WA, and in both northwestern and eastern Queensland, where he has explored for many different types of metallic deposit, including porphyry-type copper-gold, Archaean greenstone gold, epithermal gold-silver and volcanogenic massive sulphides. He has enjoyed discovery success in North Sulawesi, Indonesia (copper), at Paddington near Kalgoorlie in WA (gold), at Wodgina in the Pilbara of WA (tantalum) and especially in NSW at Parkes (copper-gold) and Lake Cowal (gold). He is a specialist in porphyry-type deposits, where his petrological expertise can be especially well applied. Garry has extensive experience in all the usual commercial matters that form part of the exploration business and has held senior management positions in both the private sector and state government, including four years as Director General of Mines in NSW. He is also a non-executive director of the listed mining company Straits Resources Limited, which owns and operates the Nifty mine in WA, producing copper cathodes by the solvent extraction/electro-winning process, and the Sebuku coal mine in Indonesia.

Dr Lowder is a graduate of the University of Sydney (B.Sc. Hons I), the University of California at Berkeley (Ph.D.) and the Advanced Management Program at the Harvard Business School. He brings to the company high level management expertise and a track record of prior exploration success.

Grüße
tschonko

Hallo Emo,
das ganze interview hab ich doch schon vor tagen reingestellt. (2. Posting)

Letztes PP war zu 0,2, dem jetzigen Kurs. Die warrants zu 0,23.

Grüße
tschonko

Ich hab die immer in D gekauft.
im ersten jahr 2004 war ich da äußerst einsam.

Korrektur: PP zu 0,225, also über jetzigem kurs. Options zu 0,2.
Also auch keine warrants.

Malachite Resources NL ABN 86 075 613 268 Malachite raises $4.3 Million by Placement of Shares Malachite Resources NL (“MAR”) is pleased to announce a placement of 19,189,000 ordinary fully paid shares at 22.5 cents per share to raise $4,317,525. In addition the Company has issued 9,594,500 options (MAROA) having an exercise price of 20 cents and being exercisable on or before 31 August 2008 for no additional consideration on the basis of one option for every two shares issued as referred to above. The allottees were primarily institutional, professional, sophisticated, foreign investors or clients of a financial services licensee identified by the Directors of the Company. The issue of shares and options has been made in accordance with resolutions approved by shareholders of the Company at the Company’s Annual General Meeting held on 23 November 2006. The shares allotted are ordinary fully paid shares ranking pari passu with all of the Company’s existing ordinary fully paid up shares. Funds raised from the issue of the shares will be used to advance the Company’s various exploration projects and for working capital purposes. A large part of the new funding will be applied to Malachite's Conrad Silver Project, where an intensive resource drilling program is due to start in January 2007. This follows completion last week of the Right to Negotiate process for EL5977, giving the Company access to prospective ground that is subject to native title and from which it had previously been excluded. Funds will also be applied to drilling at the Mt Lidster Copper Project and to further enhancement of Malachite's expanding interest in the world class Mt Isa copper province. The Company will make application to the ASX for quotation of the shares and options to be issued. The Company seeks to rely on Section 708A(5) of the Corporations Act (“the Act”) in respect of the issue of these shares. In accordance with Section 708A(5)(e) of the Act, the Company gives notice that:
o The Company has issued these shares without disclosure to the placees under Part 6D.2 of the Act;
o As at the date of this notice, the Company has complied with: - the provisions of Chapter 2M of the Act as they apply to the Company; - Section 674 of the Act
o As at the date of this notice there is no excluded information (as defined in Section 708A (7) of the Act) which is required to be disclosed by the Company.
Yours faithfully
Andrew J Cooke Company Secretary 4 December 2006

Mr. Lowder sitzt auch in den boards von Macmin und Straits Resources.

Macmin kennen eh die meisten.

Straits hat eine Beteiligung an MAR aber sie haben kein gemeinsames Projekt.

http://www.straits.com.au/

Straits Resources Ltd ("Straits") was founded in 1992 and listed on the Australian stock exchange in July 1994.

The company is focused on acquiring and developing assets within the gold, copper and bulk commodities sectors. Based in Perth, the company has a management team with an impressive track record of advancing resource projects through to production.

Straits controls and operates the Whim Creek and Tritton Copper Operations in Australia, the Mt Muro Gold Mine in Indonesia and the Sebuku coal mine in Indonesia owned by Straits subsidiary Straits Asia Resources which is listed on the Singapore exchange. In addition Straits has an outstanding portfolio of mining investments, development projects and exploration ground throughout Australia and Indonesia.

Die Mangerverbindungen sind hier wirklich sehr verwirrend und es ist ein verflochtenes Spiel.

Lowder (CEO MAR): bei Macmin und straits

Mc Neil: Macmin, MAR und Tasgold, die heutige Frontier TNG.AX

Neben farm in mit Newmont gibt es auch mehrere Vrknüpfungspunkte mit BHP billington:

Einer davon heute, wo auch die tasgold, also heutige Frontier 2006 ausgestiegen ist.

MT RAMSAY

The Mt Ramsay tenement (EL42/2002) is located approximately 30 km northeast of Zeehan in Tasmania’s well known West Coast mineral belt. Drilling conducted by Malachite in 2005 intersected pyrrhotite skarn mineralisation anomalous in tin.

Background

EL 42/2002 was taken up in 2003 by BHP Billiton, utilising data generated by the Tasmanian Government’s airborne electromagnetic (“EM”) geophysical survey conducted in 2002. The tenement covers two groups of newly recognised EM anomalies located within the well mineralised sequences of western Tasmania. Malachite believes that Mt Ramsay represents an excellent opportunity for the discovery of a major mineral deposit, comparable with a number of others that have been or are being mined in the region. Based on our current understanding of Mt Ramsay geology and geophysics, the most appropriate exploration model seems to be the Renison Bell tin deposit, located approximately 23km to the south.

The northern group of anomalies at Mt Ramsay lies within the Cambrian-aged Crimson Creek Formation, which also hosts the Renison Bell tin deposit 23 km to the south. A second group of anomalies lies about 2km to the southeast within the Oonah Formation, of Proterozoic age, which hosts the Mt Bischoff tin deposit 17 km to the north.

Until recently, Renison Bell was the world’s largest underground tin mine, with an estimated pre-mining resource of 26 million tonnes at 1.46% Sn, while Mt Bischoff had an estimated pre-mining resource of 10.5 million tonnes at 1.1% Sn. The ore bodies at both Rension Bell and Mt Bischoff comprised cassiterite-bearing massive sulphide lenses that are electrically conductive, allowing detection by EM surveys.

A joint venture agreement signed with BHP Billiton in mid 2004 gave Malachite and TasGold Ltd, on a joint 50/50 basis, the right to earn a minimum joint 30% interest in EL 42/2002 by spending a total of $500,000 on exploration at Mt Ramsay, including at least 2,000m of drilling. Under the agreement, once that is achieved, BHP Billiton must either participate in the joint venture, or withdraw. If BHP Billiton participates, it will (unless it later withdraws) fund all future expenditure to completion of bankable feasibility (with expenditure beyond $10 million on a recoupable basis). If BHP Billiton elects not to participate, it will withdraw and transfer its 100% interest in the Mt Ramsay project equally to Malachite and TasGold. Malachite is Manager of the Mt Ramsay joint venture during the farm in stage.

In early 2006 TasGold withdrew from the joint venture while Malachite elected to continue in its own right, assuming TasGold’s rights and obligations under the joint venture.

Pre-drilling Field Exploration

Field work at Mt Ramsay has provided encouraging signs that the Renison Bell model is valid. The locations of the northern group of airborne EM anomalies have been verified in a ground EM survey conducted by Malachite. Reconnaissance prospecting at surface over these geophysical targets has yielded several geochemically anomalous samples, with tin values up to 106ppm Sn and copper up to 0.4% Cu. These results support the view that the EM anomalies are due to base metal mineralization.

A small skarn deposit is located 1 km or so to the west of the new EM anomalies, at the contact between the Devonian-aged Meredith Granite and the Crimson Creek Formation. This deposit was discovered in the 1870s and was drilled in the early 1980s. It contains anomalous values of tin, tungsten, copper, gold and bismuth in a sulphide-bearing skarn host rock. Even though it appears to have been too small to show up in the Government EM survey, the presence of such mineralisation near the newly recognised Mt Ramsay EM anomalies provides further encouragement that they reflect mineralised massive sulphide lenses, analogous to those at Renison Bell and Mt Bischoff, or perhaps analogous to other well known economic mineral deposits of western Tasmania.

Drilling

An initial drilling program was undertaken in mid 2005, with one diamond core hole completed to 410m depth. This hole was aimed at testing one of the EM conductors identified by the Government airborne survey. The hole intersected long intervals of sulphide-bearing calc-silicate hornfels rock, much of it strongly brecciated. The sulphide is dominantly pyrrhotite, with trace chalcopyrite, and ranges in abundance from around 5% up to 25% of the host rock. Assaying of core has confirmed that the pyrrhotite mineralisation is tin-bearing, although only at low levels, with a maximum of 180 ppm Sn. Although ore grade tin mineralisation was not intersected in the first hole, the exploration model – based on analogy with the Renison Bell and Mt Bischoff tin deposits – has clearly been validated. Future field work will address the EM conductors located within the Oonah Formation, with surface target definition, followed by drilling, as soon as practicable.

Ich bring nicht das ganze Bild rein: hier kann man es sehen:
http://www.malachite.com.au/html/projects.htm

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Hallo Emo,
wenn das was wird, da wär ich dabei, wenn es mir irgendwie ausgeht.
Und in Bayern sollt´s auch sein!

Macmin ist bei MAR investiert, aber MAR nicht bei Macmin.
Aber abfärben tut schnell was zu Ostern....

Grüße
Tschonko

Hallo Emo,
da schau ich, dass ich dabei bin.
Genaueres über PN.

Muss noch die restlichen JV anführen:

JV mit Macmin: Rivertree und Bonoo Bonoo
http://www.malachite.com.au/ht…/main_pages/rivertree.htm

http://www.malachite.com.au/ht…noo/main_pages/boonoo.htm

Und das schon erwähnte JV mit BHP Billiton: Mt Ramsey

EL 42/2002 was taken up in 2003 by BHP Billiton, utilising data generated by the Tasmanian Government’s airborne electromagnetic (“EM”) geophysical survey conducted in 2002. The tenement covers two groups of newly recognised EM anomalies located within the well mineralised sequences of western Tasmania. Malachite believes that Mt Ramsay represents an excellent opportunity for the discovery of a major mineral deposit, comparable with a number of others that have been or are being mined in the region. Based on our current understanding of Mt Ramsay geology and geophysics, the most appropriate exploration model seems to be the Renison Bell tin deposit, located approximately 23km to the south.

http://www.malachite.com.au/ht…y/main_pages/mtramsay.htm

Dann gibt´s noch ein "Tin" Projekt: Elsmore
http://www.malachite.com.au/ht…re/main_pages/elsmore.htm

Die aussichtsreichsten Projekte sind meiner meinung das Farm in mit Newmocht (Toolom) und die 100% MAR gehörende hist. silbermine Conrad.

Grüße
Tschonko