Beiträge von Goldwasser

  • Vangold Resources / VAN (CVE)

    Kam per email


    VANGOLD RESOURCES LTD. TSX-V:VAN


    NEWS RELEASE


    VANGOLD CLOSES PRIVATE PLACEMENT FOR $1.2 MILLION DOLLARS AND ISSUES INFORMATION
    CIRCULAR AND RIGHTS OFFERING CIRCULAR FOR SPECIAL MEETING


    November 2, 2009 - Vancouver, British Columbia - Vangold Resources Ltd.
    ("Vangold” or “the Company”) is pleased to announce the closing of its private
    placement announced on October 21, 2009. The private placement consisted of
    5,454,545 common shares at a price of $0.22 per share for proceeds of $1.2
    million. The proceeds of the private placement will be used for general working
    capital. The shares issued are subject to a hold period expiring March 1, 2010.


    Vangold is also pleased to announce that it has mailed its Information Circular
    and Rights Offering Circular (the "Circular") for a special meeting (the "Meeting")
    to be held on November 23, 2009. At the Meeting, Vangold shareholders will be
    asked to consider and approve an arrangement (the "Arrangement") under the
    Business Corporations Act (British Columbia). Pursuant to the Arrangement,
    Vangold will be reorganized into two separate public companies held by Vangold
    shareholders, with Vangold retaining its mineral properties and Vanoil Energy
    Ltd. ("Vanoil") receiving certain of Vangold's oil and gas properties. The Circular
    also contains details of a further rights offering by Vanoil upon completion of the
    Arrangement, and the distribution of Vangold's shareholdings of IBC Advanced
    Alloys Corp. to Vangold's shareholders pursuant to the Arrangement.


    All shareholders are urged to review the Circular for details of the Arrangement,
    rights offering and dissent rights, and to vote by completing a proxy or providing
    appropriate voting instructions. Pursuant to the Arrangement, Vangold received
    an interim order for the calling and holding of the Meeting from the Supreme
    Court of British Columbia on October 23, 2009. Subject to shareholder approval
    of the Arrangement, the Company expects to apply for a final court order
    approving the Arrangement on or about November 26, 2009.


    The Circular is available under Vangold's profile on SEDAR at http://www.sedar.com.
    In conjunction with filing the Circular, the Company has also filed under its
    profile on SEDAR, an updated technical report entitled “Technical Report on the
    Mt Penck Property, West New Britain Province, Papua New Guinea” dated
    October 15, 2009, a Reserve and economic evaluation dated Aug 1, 2009 for
    Vangold’s Sarcee property, and IBC’s AIF. The Arrangement remains subject to
    the approval of the TSX Venture Exchange.


    To find out more about Vangold Resources Ltd. please visit our website at
    http://www.vangold.ca or contact Dal Brynelsen at 604-684-1974 or by email
    brynelsen@vangold.ca.


    On Behalf of the Board of
    VANGOLD RESOURCES LTD.
    "Dal Brynelsen"
    Dal Brynelsen, President and CEO

  • Vangold Resources / VAN (CVE)

    Bei Vangold geht es Schlag auf Schlag.


    Das neuste zu Vangolds Tochter IBC:


    VANGOLD RESOURCES LTD. TSX-V:VAN


    NEWS RELEASE


    VANGOLD RESOURCES RECEIVES UPDATE FROM IBC ADVANCED ALLOYS CORP.


    October 30, 2009 - Vancouver, British Columbia - Vangold Resources Ltd.
    ("Vangold” or “the Company”) reports that IBC Advanced Alloys Corp. (TSX:IB)
    issued the following press release and that this information is material and
    relevant to Vangold in view of its large equity stake in that company ( Vangold
    currently owns 25.6 million shares of IBC Advanced Alloys Corp.).
    Beralcast Business Acquisition Update


    VANCOUVER, BC – October 29 2009 – IBC Advanced Alloys Corp. (TSX-V: IB)
    ("IBC" or the “Company”) is pleased to provide an update on a proposed
    business purchase of a specialty alloy manufacturing business originally
    announced in a May 20, 2009 news release.


    In May 2009, IBC entered into a letter of intent to acquire the US patents; trade
    name rights to “Beralcast®”; proprietary know-how; manufacturing equipment;
    plans for a new manufacturing plant; marketing and supply agreements; and US
    beryllium stockpile bidding requirements and bona fides. These assets will be
    acquired through the purchase of Beralcast® Corporation, a private US company
    that IBC intends to acquire for consideration of US$2,250,000 in cash and
    US$2,000,000 in IBC’s common shares. IBC is working on a definitive purchase
    and sale agreement with the vendor, who is at arm’s length to IBC. No finder’s
    fee is payable in connection with the proposed purchase.


    Completion of this transaction is subject to several conditions including raising
    sufficient capital to fund the purchase; entering into an employment contract
    with the proposed president of Beralcast® Corporation; the acquisition of all the
    assets listed above by Beralcast® Corporation; customary due diligence and
    approval by the boards of directors of IBC; shareholders of the target company;
    and the TSX Venture Exchange. There can be no assurance that these
    conditions will be satisfied or that the transaction will be completed as proposed
    or at all. If the transaction does complete as proposed, it is likely that the
    vendor will hold more than 10% of IBC’s outstanding common shares and will
    accordingly be classified as an insider under Canadian securities laws.
    In the 1960s, Starmet Corporation, in cooperation with Lockheed Martin,
    developed a binary alloy of beryllium-aluminum, which has been copied by
    others. Later, Starmet developed a castable metal matrix composite beryllium
    aluminum alloy now manufactured as Beralcast® which no one, to the best of the
    manufacturer’s knowledge and inquiry, has been able to duplicate. Other
    companies have developed casting processes for beryllium-aluminum alloys, but,
    other than Beralcast®, none are commercially available to the best of IBC’s
    knowledge. Beralcast® alloys are more than three times stiffer than aluminum
    with 22% less weight and can be precision-cast to simple and complex
    configurations. Beralcast® is ideally suited for certain demanding semiconductor
    manufacturing equipment, computer components and other commercial and
    aerospace applications and allows for a near-net shape to be cast for maximum
    manufacturing efficiencies.


    “We have identified Beralcast® as highly complementary to our existing alloy
    production operations” commented Anthony Dutton, IBC’s president and CEO. “It
    would add a higher margin proprietary product that is well suited to our focus on
    the aerospace sector. Our relationship with Kazatomprom and Ulba Metallurgical
    Plant will be helpful to developing this business segment”. More information can
    be accessed in IBC’s presentation, which is available at its website


    http://www.ibcadvancedalloys.com.


    About IBC Advanced Alloys Corp.


    IBC Advanced Alloys Corp. is an integrated rare metals manufacturer and
    distributor of beryllium-based alloys and related products serving a variety of
    industries including nuclear energy, automotive, telecommunications and a
    range of industrial applications. IBC has 59 employees and is headquartered in
    Vancouver, Canada with production facilities in Pennsylvania, Indiana and
    Missouri. Additionally, IBC owns prospective beryllium properties in the Western
    US and Brazil covering approximately 9,500 hectares. IBC is creating a dynamic
    global beryllium and advanced alloys company. IBC’s common shares are traded
    on the TSX Venture Exchange under the symbol “IB”.


    Grüße GW

  • Vangold Resources / VAN (CVE)

    VANGOLD RESOURCES LTD. TSX-V:VAN
    NEWS RELEASE
    CHINESE NATIONAL OIL COMPANY ANNOUNCES 5,500 METER
    WELL SPUDDED NEXT TO VANGOLD/VANOIL’S KENYA
    CONCESSIONS BLOCKS 3A&3B


    October 29, 2009 - Vancouver, British Columbia - Vangold Resources Ltd. ("Vangold”
    or the “Company”) notes with interest that the co-owners of Block 9 in Kenya have
    commenced drilling of the Bogal-1-1 well. The Bogal-1-1 well is located less than 60
    kilometers away from the first of 11 targets on Vangold’s Block 3A and 3B all located
    within the Anza Basin.


    The co-owners of Block 9 are China National Offshore Oil Corporation (CNOOC), The
    Taiwanese National Oil Company and Africa Oil Company. The Bogal -1-1 well will
    target the Jurassic reefal limestone carbonates and cretaceous sandstones as the main
    objectives and be drilled to a projected depth of 5,500 meters. Numerous other
    prospects have also been identified in Block 9.
    (See Schedule A)


    Vangold’s Kenya Oil 100% owned concessions Block 3A and Block 3B cover an area of
    over 24,000 square kilometres which lie partly along the proven hydrocarbon fairway
    of the Central Africa Rift System (CARS). The Company has 11 indicated targets and
    leads with similar potential to Block 9.


    Vangold will complete its seismic program in 2010, and expects to commence drilling
    by year end. Vangold has 100% ownership in Blocks 3A and 3B and upon completion
    of its seismic in 2010, it expects to drill its initial well.


    Vangold will be awarding a tender in November, for the Environmental Impact
    Assessment Study (EIA) expected to be completed in approximately three (3) months.
    Vangold also announces that it has submitted a letter to the Minister of Energy of
    Kenya of its intention to transfer the rights and obligation of Production Sharing
    Contract (PSC) for blocks 3A and 3B to Vanoil Energy Ltd. Vanoil Energy Ltd is being
    formed as part of the proposed Vangold reorganization and will acquire and maintain
    the oil and gas assets in Kenya, Rwanda and Alberta. This will be subject to TSX
    Venture Exchange and shareholder approval.


    Dal Brynelsen President and CEO of Vangold commented:” The fact that a consortium
    of 3 oil companies have started drilling a 20 million dollar well next to our concessions
    adds great credibility to their potential. The progress of this well and its enormous
    significance (1 Billion Barrels recoverable) could be a watershed event for Vangold
    shareholders. Our 24,000 square kilometre concessions cover the same geological
    basin as block 9. With the help of geology, seismic, gravity and magnetic data we have
    identified some targets and leads similar to CNOOC’S Bogal-1-1 well now being drilled.
    The next six months will prove to be very exciting.”


    Grüße GW

  • Dragon Mining Gold aus Europa

    Yeah, Yeah, Yeah,


    der Drachen präsentiert sehr schöne Bohrergebnisse:


    The results from holes designed to examine approximately 300 metres strike length of the Kujankallio deposit
    returned multiple significant intercepts, including highlights 2.40m @ 36.50 g/t Au, 3.75m @ 29.73 g/t Au,
    6.75m @ 13.90 g/t Au, 3.10m @ 9.08 g/t Au, 3.95m @ 6.45 g/t Au and 7.35m @ 6.29 g/t Au.
    Encouraging new intercepts were also received at the Basin 3 prospect, 100m northwest of the open pit. The
    best intercept from five holes completed in this area was 1.85m @ 22.29 g/t Au.


    http://stocknessmonster.com/news-item?S=DRA&E=ASX&N=465928


    Grüße GW

  • Vangold Resources / VAN (CVE)

    http://www.vangold.ca/s/NewsReleases.asp?ReportID=368266


    NEWS RELEASE
    VANGOLD ANNOUNCES FINANCING
    October 21, 2009 – Vancouver, BC – Vangold Resources Ltd. (“Vangold” or
    the “Company”) is pleased to announce it has reached an agreement, subject to
    regulatory approval, with two subscribers for a private placement of 5,454,545
    shares at $0.22 per share for proceeds of $1.2 million.
    Following the proposed plan of arrangement of Vangold shareholders, as announced
    October 8, 2009, the proceeds of the private placement will remain with Vangold
    and will be used for continued exploration and development of the properties held
    by Pacific Kanon Gold Corp., currently a 50% owned subsidiary of Vangold and to
    become 100% owned following consummation of an agreement between Vangold
    and New Guinea Gold Corporation.
    As announced on October 8, 2009, Vangold shareholders will receive an aggregate
    of 25,609,746 shares of IBC Advanced Alloys Corp. ("IBC Shares") which are
    currently held by Vangold and will receive an aggregate of 10,711,628 units
    ("Vanoil Units") of newly formed Vanoil Energy Ltd, each unit consisting of a one
    share of Vanoil and one right entitling the holder to acquire an additional share at a
    price of $0.50 per share. Based upon the number of issued shares of Vangold
    following completion of the private placement, shareholders of Vangold will receive
    approximately 0.281 of an IBC Share and 0.1175 of a Vanoil Unit for each Vangold
    share, as a result of the plan of arrangement.
    To find out more about Vangold Resources Ltd. please visit our website at
    http://www.vangold.ca or contact Dal Brynelsen at 604-684-1974 or by email
    brynelsen@vangold.ca.
    On Behalf of the Board of
    VANGOLD RESOURCES LTD.
    "Dal Brynelsen"
    Dal Brynelsen, President and CEO

  • Dragon Mining Gold aus Europa

    Zitat

    Du depperter Zipfel

    Hallo Lupo,


    womit habe ich denn deinen Ausbruch menschlicher Verachtung verdient?


    Schreibe doch konkret, was du mir vorwirfst, dann können wir darüber reden/schreiben!


    Diese allgemeinen inhaltslosen Beleidigungen mögen dich zwar befriedigen, bringen aber nichts!


    Grüße GW

  • Dragon Mining Gold aus Europa

    Schöne goldene Eier vom Drachen


    Hallo Dottore,


    dein schönes Bild bezieht sich sicher auf diese Meldung:


    ASX ANNOUNCEMENT


    19 OCTOBER 2009


    FIRST PRODUCTION FROM THE JOKISIVU GOLD MINE, FlNLAND


    Dragon Mining is pleased to announce that it has successfully completed the trial processing of low grade material from the Kujankallio deposit at the Jokisivu Gold Mine through the gravity and flotation circuit at the Vammala Production Centre.


    On 18 September a 691 tonne sample of low grade material which was sourced outside the limits of the main lode System was used to test the gravity circuit installed. The commissioning ore parcel yielded total recovery of 84.9% (flotation concentrate 76.6% and gravity concentrate 8.3%) from a head grade of 1.7 g/t gold.
    Commencing on 24 September, and continuing for 6 days, a further 4,917 tonnes of low grade material was processed. The six day trial yielded an average head grade of 2.5 g/t and generated total gold recovery of 84.7% (flotation concentrate 63.9% and gravity concentrate 20.8%).


    The trials confirm the suitability of the Vammala Production Centre to satisfactorily treat ore mined from the Jokisivu Gold Mine. Additional plant Operators will be engaged to achieve increased optimal throughput.
    Managing Director Peter Cordin expressed satisfaction on the ability of Dragon's Finnish management and operational team to successfully bring the second mine into production below budget and on the achievement of installing and commissioning the gravity circuit to the Vammala Production Centre. The loss of production in September due to the trial processing of low grade Jokisivu commissioning ore will have a Short term impact on the Company's September quarterly gold production but will be more than compensated in the future with the successful Integration of Jokisivu into the production schedule.


    For and on behalf of Dragon Mining Limited
    Peter G Cordin
    Managing Director


    http://www.asx.com.au/asxpdf/20091019/pdf/31ldnl9j6k8y8d.pdf

  • Vangold Resources / VAN (CVE)

    NEWS RELEASE


    COPPERMOLY PROVIDES UPDATE ANNOUNCING JOINT VENTURE WITH BARRICK GOLD


    October 13, 2009 – Vancouver, British Columbia -Vangold Resources Ltd. (“Vangold” or the “Company”) (TSXV:VAN) and its joint venture partner, New Guinea Gold Corporation (“NGG”), are pleased to announce that Coppermoly Limited, an Australian listed company (“Coppermoly”) (ASX:COY), issued the following news
    release attached as Schedule “A”.


    Further to the Company’s news release of August 20, 2009, Vangold has agreed to acquire the remaining 50% of Pacific Kanon Gold Corp. from NGG, subject to TSX Venture Exchange approval, providing Vangold a direct holding in Coppermoly of 12,815,016 common shares.


    Dal Brynelsen, President and CEO of Vangold commented, “Vangold is pleased to see Barrick’s involvement in the Coppermoly properties. The mineralized belt is on the same structure that Vangold and NGG are exploring at Mt Penck. Vangold has a significant interest in Coppermoly and view Barrick’s participation as a very positive
    indication of its value.”


    This news release has been reviewed and approved by Danae A. Voormeij, M.Sc., P.Geo., VP Exploration for Vangold and a Qualified Person as defined by National Instrument 43-101.


    To find out more about Vangold please visit our website at http://www.vangold.ca or contact Dal Brynelsen at 604-684-1974 or by email brynelsen@vangold.ca.


    On Behalf of the Board of
    VANGOLD RESOURCES LTD.
    "Dal Brynelsen"
    Dal Brynelsen, President and CEO
    Disclaimer for Forward-Looking Information


    Information in this news release respecting the transaction with NGG constitutes forward-looking information.
    Statements containing forward-looking information express, as at the date of this news release, the Company's
    plans, estimates, forecasts, projections, expectations, or beliefs as to future events or results and are believed to be reasonable based on information currently available to the Company.


    Forward-looking statements and information are based on assumptions that financing and personnel will be
    available when required and on reasonable terms, and all necessary regulatory approvals and shareholder approval will be obtained, none of which are assured and are subject to a number of other risks and uncertainties There can be no assurance that forward-looking statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. Readers should not place undue reliance on forward-looking information Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release


    VANGOLD RESOURCES LTD. Page 2 of 3


    Suite 900 – 595 Howe Street, P.O. Box 10, Vancouver, BC, Canada V6C 2T5 T 604-684-1974 • F 604-685-5970 • http://www.vangold.ca
    SCHEDULE A
    12th October 2009 ASX Code: COY
    BARRICK FARMS-IN
    TO COPPERMOLY’S NEW BRITAIN PROJECTS
    BY SPENDING UP TO $20 MILLION
    Highlights


    Barrick (PNG) Exploration Ltd (Barrick), a wholly owned subsidiary of Barrick Gold Corporation, one of the world’s pre-eminent mining companies, has signed a Letter Agreement (LA) with Coppermoly Ltd and its subsidiary, Copper Quest PNG Limited.


    Barrick to sole fund up to AUD$20 million to earn up to a 72% interest in Coppermoly Ltd’s (“Coppermoly” or “the Company”) three tenements on New Britain Island, Papua New Guinea.


    Coppermoly can retain a 28% interest in the projects, funded to feasibility (see below). Barrick will subscribe for 6,309,647 fully paid ordinary shares in Coppermoly Ltd at $0.09 per share representing 5% of the share capital of the Company.


    Coppermoly Ltd, the ASX listed copper explorer with three tenements in West New Britain Province, Papua New Guinea, has today signed a LA with a wholly owned subsidiary of Barrick, one of the world’s largest mining companies. Barrick can earn up to a 72% interest in exploration licences EL 1043 (Nakru), EL 1077 (Simuku) and EL 1445 (Talelumas) through a Farm-in and Joint Venture arrangement.


    Barrick has committed to a minimum expenditure of AUD$3 million within the first two years. If Barrick withdraws at any time after it has met the minimum expenditure but before it earns 72% equity in the Farm-in, it will not retain any interest in the exploration licenses.


    Barrick must sole fund minimum expenditure of AUD$20 million on exploration expenditure within 8 years of commencement date to earn 72% equity.


    Once Barrick has earned 72% equity, Coppermoly can elect that the payment of its share (28%) of ongoing costs incurred up to the production of a feasibility study will be delayed until that stage and will be repaid from 50% of its share of revenue.


    Upon satisfaction of the conditions of the LA Barrick will subscribe for 6,309,647 shares at $0.09 representing 5% thereby injecting AUD$567,868.23 into Coppermoly. The shares issued to Barrick will be subject to voluntary escrow for a period of 24 months.


    The LA is conditional on the satisfactory completion of certain due diligence by Barrick prior to 5pm on 8 November 2009.


    Coppermoly Managing Director, Peter Swiridiuk, said today “The deal with Barrick provides recognition that Coppermoly’s New Britain projects have demonstrable world-class coppergold potential. We believe our shareholders will view this arrangement as extremely favourable because not only does it inject significant exploration funds into the Company but also, should a major deposit be discovered and developed by Barrick, there will be little or no requirement to dilute shareholder equity in order to fund our 28% share until a
    feasibility study is completed. Barrick have indicated that they intend to vigorously pursue VANGOLD RESOURCES LTD.


    Page 3 of 3
    Suite 900 – 595 Howe Street, P.O. Box 10, Vancouver, BC, Canada V6C 2T5 T 604-684-1974 • F 604-685-5970 • http://www.vangold.ca
    exploration under the LA. After this deal is completed, Coppermoly will also be “cashed up” with approximately $2.8 million in cash.


    We warmly welcome Barrick as both a Joint Venture partner and shareholder and believe that they have the exploration expertise, financial resources and in-country geological experience to optimise success in West New Britain, Papua New Guinea.”


    Barrick Gold Corporation is the gold industry leader with a portfolio of operating mines and projects located across five continents. Further information on Barrick can be found on http://www.barrick.com.


    Peter Swiridiuk
    MANAGING DIRECTOR

  • Vangold Resources / VAN (CVE)

    News Releases - Thursday, October 08, 2009



    Title: Vangold Announces Reorganization



    October 8, 2009 -- Vancouver, British Columbia -Vangold Resources Ltd.
    ("Vangold" or the "Company") is pleased to announce that the board of
    directors of Vangold has approved a plan of arrangement (the
    "Arrangement") under which Vangold's shareholders will receive shares
    of newly formed Vanoil Energy Ltd. ("Vanoil") which will own certain
    oil and gas properties currently held by Vangold with the exception of
    Vangold's Armenian properties. 100% of the shares of IBC Advanced
    Alloys Corp. (the "IBC Shares") currently held by Vangold are also
    included in the distribution to Vangold shareholders on the terms and
    conditions set out below.




    On completion of the Arrangement, Vangold will operate as a pure gold
    company through a 100% ownership of Pacific Kanon Gold Corp. ("Pacific
    Kanon"). Vangold currently holds 50% of Pacific Kanon's shares and will
    acquire the remaining 50% following completion of the Arrangement,
    subject to TSX Venture Exchange ("Exchange") approval. As announced in
    the Company's news release of August 20, 2009 with New Guinea Gold
    Corporation ("NGG"), Vangold will acquire all the remaining shares in
    Pacific Kanon plus NGG'S 20% interest in the Mt Penck property and a
    50% interest in the Feni project. The consideration for this
    acquisition will be post-Arrangement shares of Vangold which will equal
    19.9% of the shares then issued and outstanding. These shares will not
    participate in the distributions of Vanoil Shares, Vanoil Rights, or
    IBC Shares.




    Under the Arrangement, Vangold shareholders will receive one unit
    ("Vanoil Unit") of Vanoil for every eight (pre-consolidated) shares of
    Vangold held; as such shares are currently constituted. Each Vanoil
    Unit will consist of one share of Vanoil and one right (the "Vanoil
    Right") to purchase an additional share of Vanoil at a price of $0.50
    per share for a period of 21 days from the effective date of the
    Arrangement. Vangold is currently in discussion with Firebird Global
    Master Fund, Ltd. and Firebird Global Masterfund II, Ltd. (the
    "Firebird Funds") to provide a stand-by commitment to purchase Vanoil
    shares not otherwise purchased by holders of Vanoil Rights at expiry of
    the 21 day period. Gross proceeds to Vanoil from the exercise of the
    Rights will amount to approximately $5.36 million. The Firebird Funds
    currently hold 21.29% of Vangold's outstanding shares, and James Passin
    a principal of the Firebird Funds, is a director of the Company. The
    Firebird Funds also hold 32.6% of the shares of IBC Advanced Alloys
    Corp. ("IBC") in addition to their indirect interest in IBC through
    Vangold.




    A meeting of Vangold shareholders to consider the Arrangement has been
    set for November 17, 2009 and it is anticipated that the Arrangement
    will become effective on November 24, 2009, at which time the Vanoil
    Rights will become exercisable for a 21 day period. These dates may be
    changed, and shareholders will be advised of any changes as well as a
    further definitive notice as to the effective date of the Arrangement
    and expiry of the Rights.




    In connection with the Arrangement, an application will be made to have
    the Vanoil shares listed on the Exchange. Closings of the Arrangement
    and of the Rights Offering are subject to regulatory and Exchange
    approval. Closing of the Firebird Funds' standby commitment is also
    subject to the usual closing conditions including no material adverse
    change.




    Following completion of the Arrangement, the shares of Vangold will be
    consolidated on the basis of one new share for every three shares
    outstanding prior to the consolidation, subject to Exchange and
    shareholder approval.




    IBC Advanced Alloys Corp.




    Vangold's shareholders of record, as at the effective date of the
    Arrangement, will be entitled to receive an aggregate of 25,609,746 IBC
    Shares; as such shares are currently constituted. This constitutes 100%
    of Vangold's holdings of IBC Shares. The actual distribution of the
    shares will be deferred until November 23, 2010 at which time all of
    the IBC Shares held by Vangold will have been released from escrow.
    Based on the current number of outstanding shares of Vangold, this will
    result in the distribution of approximately 0.298 of an IBC share for
    every share of Vangold held. IBC's shares trade on the Exchange under
    the symbol "IB". This distribution will be conditional upon the
    approvals and closure of the NGG acquisition agreement as previously
    announced on September 2, 2009. IBC is an integrated manufacturer and
    distributor of beryllium-based alloys and related products serving a
    variety of industries including nuclear energy, automotive,
    telecommunications and a range of other industrial applications.




    Coppermoly Limited




    Vangold holds a significant investment in Coppermoly Limited
    ("Coppermoly"), an Australian public company with advanced exploration
    programs in Papua New Guinea. Following completion of the acquisition
    of the balance of Pacific Kanon shares from NGG, Vangold will hold
    12,815,016 shares of Coppermoly, as announced in the Company's news
    release dated August 20, 2009.




    Vanoil Energy Ltd.




    It is planned that Vanoil, will hold Vangold's current oil and gas interests in Alberta, Kenya, and Rwanda, summarized below:




    Alberta: Vangold owns a 42% working interest in the Sarcee
    12-13-23-4W5M ("Sarcee 12-13") gas well and the surrounding four
    sections (2,560 acres) of land in the Sarcee (Turner Valley Area) in
    Southwestern Alberta. The Sarcee 12-13 well is located on the Tsuu
    T'ina First Nation (Sarcee Reserve) immediately west of the City of
    Calgary, Alberta. Evaluation of 3D seismic over these lands has
    identified the structural feature verified by the current Sarcee 12-13
    discovery as well as two or three development locations on this
    structure. Based on preliminary information provided in 2005, Sproule
    Associates Ltd. has determined the existence of a gas pool of 20
    billion standard cubic feet to 30 billion standard cubic feet.
    Production will be subject to basic aboriginal royalties and a 6.5%
    gross overriding royalty.




    Kenya: Vangold's Kenya property, approximately 24,960 square
    kilometres, was acquired in October 2007 concurrent with the execution
    of two Production Sharing Contracts with the Government of Kenya. The
    properties are designated as Block 3A and 3B. The blocks were selected
    by Vangold based on technical merit and location which is partly on the
    regional trend of a highly prospective rift basin connected to the
    prolific Melut and Muglad basins in Southern Sudan. Vangold has
    obtained 2,000 line kilometres of raw seismic data and to date has
    processed approximately 1,500 line kilometres resulting in the
    delineation of multiple structural leads in both Blocks 3A and 3B.




    The Anza Graben region running from Lake Turkana in the northwest to
    Block 3A in southeast Kenya is part of the oil prolific Central African
    Rift System ("CARS"). Muglad and Melut basins are part of CARS. Block
    3A is located at the termination zone of CARS in Kenya. Other
    international oil companies undertaking petroleum exploration in Anza
    Graben include Vancouver based Africa Oil (Block 10A) and the China
    National Oil Company ("CNOOC") (Block 9).




    Africa Oil has undertaken aero gravity and magnetic surveys over Block
    10A and is preparing to shoot approximately 750 line kilometres of
    seismic. CNOOC has acquired 800 line kilometres of seismic in Block 9
    at a cost of approximately US$12 million. CNOOC has targeted the Bhogal
    prospect as a priority with drill rig already in place scheduled to
    commence drilling in October 2009. The well has a target depth of 5,500
    meters with main objectives being the Cretaceous sandstone reservoirs
    and the Jurassic carbonate reefs. The Bhogal prospect is approximately
    100 kilometres from Block 3A and has an estimated cost of US$25 million.




    Rwanda: Vangold has the right to negotiate a production sharing
    agreement with the Republic of Rwanda covering 1,631 square kilometres
    of oil and gas concessions in the northwestern part of Rwanda, better
    known as White Elephant. This area of the Kivu Graben is part of the
    great East African Rift System and is approximately 90 kilometres wide
    and 200 kilometres long. The Graben straddles both Rwanda and the
    Democratic Republic of the Congo and is the Southern extension of the
    Albertine Graben in Uganda. Vangold also has the right to conduct an
    environmental impact assessment on this property.




    It is proposed that the initial management of Vanoil will consist of
    Dal Brynelsen - CEO and director, Don Padgett - director, Mike Mackey -
    director, James Passin - director and Sandy Huntingford - CFO.




    Vangold management believes this rationalization of Company's assets
    into two separate entities will significantly increase shareholder
    values through the creation of two dedicated companies specializing in
    the gold and oil and gas sectors respectively.




    A detailed description of the Arrangement and the securities to be
    distributed will be contained in a management information circular to
    be prepared for Vangold's Special Meeting which is scheduled for
    November 17, 2009. The Arrangement is subject to regulatory and
    shareholder approval and to interim and final orders of the British
    Columbia Supreme Court.




    To find out more about Vangold Resources Ltd. please visit our website at www.vangold.ca or contact Dal Brynelsen at 604-684-1974 or by email brynelsen@vangold.ca




    On Behalf of the Board of


    VANGOLD RESOURCES LTD.




    "Dal Brynelsen"


    Dal Brynelsen, President and CEO



  • Vangold Resources / VAN (CVE)

    VANGOLD INCREASES OWNERSHIP IN SARCEE GAS PROSPECT


    September 29, 2009 - Vancouver, British Columbia - Vangold Resources Ltd ("Vangold”) is
    pleased to announce that it has acquired an additional 8.5% in the Sarcee 12-13-23-
    4W5M (“Sarcee 12-13”) gas well and the surrounding 2,560 gross acres from the minority
    partners. This acquisition increases Vangold’s ownership in the Sarcee project from 33.5%
    to a 42% working interest.
    The Sarcee 12-13 well is located on the Tsuu T'ina First Nation (Sarcee Reserve)
    immediately west of the city of Calgary, Alberta. In 2005, C1 Energy Ltd. (“C1”), the then
    operator, reported that the Sarcee 12-13 well was drilled to a depth of 3,254 meters
    subsurface and intermediate casing was set to 3,160 meters subsurface. Immediately
    below that depth the Sarcee 12-13 well encountered a fully dolomitized 70 meter gross
    (48 meter net) pay interval with a 5% average porosity in the primary target zone being
    the Turner Valley formation. The well preflowed in an open hole condition to verify the
    presence of natural gas.
    Based on this preliminary information provided by C1 in 2005, as operator, Sproule
    Associates Ltd. has determined that a gas pool has been encountered and estimates that
    the original gas in place of this pool could be between 20 billion standard cubic feet to 30
    billion standard cubic feet.
    Evaluation of 3-D seismic over these lands has identified the structural feature verified by
    the current Sarcee 12-13 discovery as well as two to three development locations on this
    structure. A second prospective structure has been identified on the lands that will be
    further evaluated for its exploratory potential.
    Vangold believes that the increased ownership in the Sarcee Gas Project along with the oil
    and gas concessions in Kenya and Vangold’s oil and gas rights in Rwanda will prove to be
    a significant resource base for the structuring of Vanoil Energy. The proposed
    restructuring of Vangold, as previously announced on August 20, 2009, is subject to
    shareholder and TSX Venture Exchange approvals. Vangold is currently preparing a
    comprehensive news release which should be released shortly on the planned
    reorganization.
    To find out more about Vangold Resources Ltd. please visit our website at http://www.vangold.ca
    or contact Dal Brynelsen at 604-684-1974 or by email brynelsen@vangold.ca.
    On Behalf of the Board of
    VANGOLD RESOURCES LTD.
    “Dal Brynelsen”
    Dal Brynelsen, President and CEO

  • Dragon Mining Gold aus Europa

    Dragon Mining erwirbt Weld Range Tenements.


    Tonnes (Mt) 63.5, Cr (%) 5.2, Fe (%) 38.1, Ni (%) 0.38


    Was um Himmelswillen wollen die mit dieser Liegenschaft?


    Kaum haben sie ein paar Dollar in der Tasche, geben sie es mit vollen Händen wieder aus. Bei uns Aktionären wäre es bestimmt besser aufgehoben.


    Wie schreibt Dottore immer so schön ......bohren, bohren, bohren ..... ist angesagt.

    [url]http://www.dragon-mining.com.au/IMG/pdf/2009-09-26_Weld_Range_Metals_Aquisition.pdf    [/url]


    Grüße GW