Beiträge von Goldwasser

    Hallo Odin,


    diese Diskussion hatten wir am Montag, 18. Februar 2008, 12:02, schon einmal. ;)


    Ich kann nur sagen, ich kann deine Entscheidung verstehen und finde sie nachvollziehbar. Ich bin ja schon längere Zeit raus und bin auch in NGG rein.


    Heute ist allerdings Vangold schön 7,5% hoch gelaufen und hat eine schöne große weiße Kerze produziert. Ist das aber die Trendwende? Ich glaube nicht. Gold und besonders Öl explorieren kostet viel viel Geld und NGG produziert!!!


    Grüße Gw

    http://www.panafrican.com/news_20080401.asp




    [b] POSITIVE GEOCHEMICAL SAMPLING RESULTS INDICATE PROXIMAL KIMBERLITE PIPE IN PAN AFRICAN’S MADAGASCAR DIAMOND PROJECT



    [/b]
    Vancouver,
    British Columbia — PAN AFRICAN MINING CORP. (the “Company”) is pleased
    to report that results have now been received for detailed follow-up
    sampling of certain minor tributaries of the Fandiavo River in the
    South-east of Madagascar within the Company’s license area B3 near the
    port of Manakara. A tight clustering of samples with high ilmenite
    counts was outlined in a minor ephemeral tributary in the upper reaches
    of the drainage basin. These samples include ilmenites with perovskite
    reaction rims, which are typically indicative of minimal transport from
    a primary kimberlite source. The restricted distribution of the
    positive samples coupled with the ilmenite surface textures strongly
    suggest a local point source in the form of a proximal kimberlite pipe.


    The initial focus of
    the Company’s diamond program in Madagascar remains its B3 license
    area. The first alluvial diamonds from Madagascar were reported to have
    been recovered by artisinal gold miners from the Sandranampano River.
    These were reputedly well-formed crystals of good quality. However,
    despite subsequent systematic sampling of this river, no primary
    kimberlite source of these stones has yet been located.
    Initial
    reconnaissance and follow-up sampling by the Company of its B3 license
    area recovered a small number of encouraging samples in the Fandiavo
    River, about 5 km west of the Sandranampano River. Hence the present
    round of follow-up sampling was carried out with a view toward further
    evaluating the potential of this area and in particular several of the
    tributaries in the upper reaches of the drainage basin.
    The geometry of the
    drainage network in the B3 area indicates that there have been numerous
    river “piracy” events which have modified the headwaters of the streams
    over a long period of time. This process typically involves headwater
    erosion of one river that captures the course of a second drainage,
    thus diverting or pirating the latter’s headwaters. In this instance,
    there are now strong indications that the modern headwaters of the
    Fandiavo were originally linked to the very linear, structurally
    controlled Sandranampano River. The potential kimberlite pipe in the
    upper Fandiavo basin indicated by the latest round of local sampling
    results thus represents a likely source of the four Stapoundzi diamonds
    reportedly found in 1907 in the area.
    According to Dr.
    Andy Moore, P.Geol. and a Qualified Person, who manages the Company’s
    diamond exploration program, “ Our recent sampling results combined
    with geophysical data and anecdotal evidence of earlier diamond
    discoveries in this area provide a compelling case for the existence a
    diamond-bearing kimberlite pipe within the Company’s B3 license area in
    Madagascar. Our prime target area in the vicinity of the Fandiavo River
    has now been narrowed to a small zone measuring less than 2 km x 2 km
    in the upper reaches of the drainage basin. Our exploration teams are
    now being mobilized to locate the source of the instant anomaly at the
    outset of the dry season in the near future.”
    About Pan African



    The
    Company is an exploratory resource company with approximately 7,500 sq.
    km. of diversified mineral properties and 5,000 sq. km. of uranium
    properties in Madagascar. The Company is exploring these properties for
    uranium, gold, coal, precious stones, base metals and industrial
    commodities. In addition, the Company is exploring two large regions
    for gold and metals in Mozambique under agreements with other
    companies. It also has approximately 5500 sq. km. of diamond licenses
    in Botswana which it is presently exploring. Its operations in
    Madagascar are carried out through its operating subsidiary, PAM
    Madagascar Sarl, and its uranium activities are carried out through its
    80% owned subsidiary PAM Atomique Sarl. The Company has offices in
    Vancouver, Canada and Antananarivo, Madagascar. More information about
    the Company is available at http://www.panafrican.com.
    ON BEHALF OF THE BOARD OF DIRECTORS




    Irwin A. Olian


    Chief Executive Officer

    http://www.dragon-mining.com.a…ching%20at%20Hanhimaa.pdf




    ASX ANNOUNCEMENT 10 MARCH 2008
    FURTHER GOLD RESULTS FROM TRENCHING AT HANHIMAA
    Dragon Mining Limited announces that all results from the trenching program completed at the Hanhimaa
    Project in northern Finland have now been received.
    Trenching and shallow open-hole percussion drilling were undertaken in the Kiimalaki-Kellolaki area during
    August/September 2007 to gain a better understanding of geological controls on gold mineralisation identified
    from earlier exploration activities. All results from the shallow percussion drilling grading over 1,000ppb
    (1.00g/t) gold, including those results previously released, are provided in Table 1 and displayed in Figure 1.
    A 2,000 metre diamond core drilling campaign to test the identified gold bearing zones in this area is now in
    progress with the first results expected in March.
    Table 1 – Significant results from shallow percussion drill holes completed in the Kiimalaki-Kellolaki
    area (Lower cut-off 1000 ppb (1.00g/t) gold).
    Northing Easting
    Hole Depth
    (m) Interval (m) Ag (ppb) As (ppm) Au (ppb) From (m)
    Analysis completed at ACME Laboratory, Canada using procedure Au 30g FA ICP finish, following sample preparation at
    Okun Autolahetti Oy facility in Finland.
    Trench - M16ext
    6 7547484.18 2546773.56 5 1 329.0 2870.0 1454.0 0
    Trench - M37
    3 7547370.24 2546732.85 5 1 3398.0 4698.0 1128.0 2
    5 7547370.93 2546724.47 5 1 461.0 267.1 1305.0 3
    18 7547371.85 2546679.60 5 3 215.0 194.0 1357.7 1
    Trench - M36
    28 7546952.53 2546427.45 5 1 1891.0 4231.0 1079.0 0
    33 7546951.89 2546409.86 5 2 440.0 108.9 1868.0 3
    54 7546957.13 2546341.38 5 1 2171.0 3588.0 1081.0 0
    66 7546959.01 2546299.74 5 1 207.0 596.4 1469.0 1
    67 7546958.48 2546296.01 5 2 199.5 321.0 2943.5 0
    Trench - M30ext
    7 7545783.40 2545832.90 5 1 466.0 273.6 1158 0
    Au (ppm) From (m)
    Analysis completed at Vammala Laboratory, Finland using 10g HNO3-HCl digestion with AAS finish, following sample
    preparation at Okun Autolahetti Oy facility in Finland.
    Trench - M35
    1 7545753.81 2545877.77 5 4 9.33 1
    2 7545755.72 2545874.78 7 6 2.88 0
    3 7545740.18 2545869.81 5 2 3.90 1
    4 7545742.00 2545866.57 7 1 2.00 3
    5 7545726.47 2545861.65 5 4 4.58 0
    7 7545713.11 2545853.77 5 1 2.60 1
    18 7545683.87 2545837.95 5 1 2.40 4
    20 7545665.72 2545828.28 5 2 2.65 2
    22 7545650.12 2545819.59 5 2 2.85 1
    24 7545642.33 2545814.05 5 5 4.48 0
    25 7545642.25 2545814.29 5 5 10.00 0
    26 7545642.10 2545814.66 5 5 5.34 0
    34 7545764.59 2545877.53 5 2 2.80 0
    35 7545765.34 2545875.89 5 5 4.64 0
    Holes 1-5 and 7-51 in trench M16ext, 1-2, 4, 6-17 and 19-31 in M37, 1-27, 29-32, 34-53, 55-65, 68-71 in M36, 1-6 and 8-21
    in M30ext, 1-27 in M7ext and 6, 9-17, 19, 21, 23, 27-33 in M35 failed to return any values above 1g/t gold.
    Given the encouragement received from exploration undertaken in the Hanhimaa region during 2007, Dragon
    has increased its ground holding in this area, with five new Claim Reservations granted during December 2007
    totalling 4,339.65 hectares. A total of 25 Claim applications encompassing a further 2,284.6 hectares have also
    been lodged with Finland’s Ministry of Employment and the Economy. Dragon’s extensive land package now
    covers over 20 kilometres strike of the prospective north-south trending Hanhimaa Shear Zone, approximately
    10 kilometres west of the 3 million ounce Suurikuusikko gold deposit at the Kittilä Gold Mine.
    Figure 1 – New trenches and the results of shallow percussion drilling in the Kellolaki-Kiimalaki area.
    For and on behalf of
    Dragon Mining Limited
    Peter G Cordin
    Managing Director
    The information in this report that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by
    Mr Neale Edwards BSc (Hons), a Member of the Australian Institute of Geoscientists and Mr Urpo Kuronen MSc (Geology), a Member of
    the Australian Institute of Mining and Metallurgy, who are full time employees of the company and have sufficient experience which is
    relevant to the style of mineralization and type of deposit under consideration and to the activity which they are undertaking to qualify as
    Competent Persons as defined in the 2004 Edition of the Australasian Code of Reporting for Exploration Results, Mineral Resources and
    Ore Reserves. Mr Neale Edwards and Mr Urpo Kuronen consent to the inclusion in the report of the matters based on their information in
    the form and context in which it appears.

    March 11 , 2008


    PAN AFRICAN MINING CORP. CLOSES $5.0 MILLION PRIVATE PLACEMENT


    Vancouver, British Columbia — PAN AFRICAN MINING CORP. (the “Company”) is pleased to announce the closing of its previously announced non-brokered private placement offering which has raised gross proceeds of CAD $5,000,000. Under the terms of the private placement, the Company has issued 2,500,000 Units (the “Units”) at CAD $2.00 per Unit.


    Each Unit consists of one common share of the Company and one-half of one share purchase warrant (the “Warrants”). Each whole Warrant entitles the subscriber to purchase one additional common share of the Company for a period of two years from the closing date at CAD $2.25 per share for the first year and CAD $2.50 per share for the second year.


    The Company has paid cash finders’ fees of CAD $240,000, representing 4.8% of the aggregate proceeds of the offering and 140,000 finders’ warrants (“Finders’ Warrants”), where each Finders’ Warrant entitles the holder to purchase one common share of the Company at CAD $2.25 per share for the first year and CAD $2.50 per share for the second year.


    Of the 2,500,000 Units, 2,000,000 units and the Finders’ Warrants are subject to a 4-month hold period expiring July 11, 2008, and 500,000 units are subject to a 4-month hold period expiring July 12, 2008.


    According to Irwin Olian, CEO of the Company, “We are grateful for the strong investor support of our activities in Madagascar and Southern Africa. We were offered up to CAD $12,000,000 in financing but concluded that it was in our best interest to limit the size of the financing to only CAD $5,000,000 in order to prevent unnecessary dilution of our shares. At the same time, these additional funds will now ensure that we will be able to carry out all of our anticipate exploration programs for the next 18 months on our portfolio.”


    About Pan African


    The Company is an exploratory resource company with approximately 7,500 square kilometres of diversified mineral properties and 5,000 square kilometres of uranium properties in Madagascar. The Company is exploring these properties for uranium, gold, coal, precious stones, base metals and industrial commodities. In addition, the Company is exploring two regions for gold and metals in Mozambique under agreements with other companies. Its operations in Madagascar are carried out through its operating subsidiary, PAM Madagascar Sarl, and its uranium activities are carried out through its 80% owned subsidiary PAM Atomique Sarl. The Company has offices in Vancouver, Canada and Antananarivo, Madagascar. More information about the Company is available at http://www.panafrican.com.


    ON BEHALF OF THE BOARD OF DIRECTORS


    Irwin A. Olian
    Chief Executive Officer


    For Further Information, Contact:


    Irwin Olian
    President and CEO
    Phone: (604) 899-0100
    Fax: (604) 899-0200
    tigertail@panafrican.com


    Tom Kinakin
    Corporate Communication - Vancouver
    Phone: (604) 676-8671
    Fax: (604) 899-0200
    tom@panafrican.com


    Carrie Howes
    Corporate Communications – London - Dusseldorf
    London Phone: +44-7780-602-788)
    Germany Phone: +49 (0) 1722 1234 47
    carrie@panafrican.com

    http://media.integratir.com/V.…ptions%20March%202008.pdf


    VANGOLD RESOURCES LTD. TSX-V:VAN
    NEWS RELEASE
    VANGOLD GRANTS STOCK OPTIONS
    March 13, 2008 - Vancouver, BC - Vangold Resources Ltd. (“Vangold”) announces that pursuant to the
    Company’s 2007 Amended Stock Option Plan as approved by the shareholders at the 2007 Annual
    General Meeting, the Board has approved the issuance of 4,250,000 incentive stock options to directors,
    officers and consultants of Vangold. The options to the directors and officers are exercisable for five
    years at a price of $0.50 and the options to the consultants, also at a price of $0.50, are exercisable for a
    period of three years. In keeping with the policies of the TSX Venture Exchange and the Stock Option
    Plan, these options shall vest equally over a period of 18 months.
    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

    Hallo Beryll,


    schön, dass du nicht nur nimmst sondern auch gibst. ;)


    Ich habe das so verstanden, dass sie das Nickelvorkommen identifiziert und gebohrt haben und dass es zu klein ist, um es zu erschließen.


    Deshalb suchen sie nach neuen Nickelvorkommen und haben bereits 7 neue identifiziert, 2 davon werden mit höchster Priorität erkundet.


    Zitat

    Of the seven new targets, two have been identified by management as the highest priority for immediate exploration and potential development.


    Zitat

    Accordingly, the Company is now exploring for additional nickel laterite targets


    Grüße GW

    Hat jemand von euch schon ´mal über Kobalt nachgedacht / recherchiert, das ja öfter ´mal zusammen mit Nickel oder Kupfer auftritt?


    Ist , glaube ich jedenfalls, ein strategisches Metall, das u. a. zur Erhöhung der Verschleißfestigkeit dem Stahl beigemischt wird.


    Grüße GW

    Das Neuste aus Ruanda heute per email:



    P.O. Box 11622, 1730 – 650 West Georgia Street, Vancouver, BC, V6B 4N9
    Phone: 604-684-1974 Fax: 604-685-5970 http://www.vangold.ca
    VANGOLD RESOURCES LTD. TSX-V:VAN
    NEWS RELEASE
    VANGOLD REPORTS ON UGANDA PROPERTIES
    February 28, 2008 - Vancouver, British Columbia - Vangold Resources Ltd. “Vangold” holds 20
    Exploration Licences in Uganda through Rwenzori Copper & Nickel Limited, a wholly owned
    subsidiary. Targeted minerals include gold, nickel – PGM, and copper – cobalt.
    Mr. Locke B. Goldsmith, P.Eng., P.Geo., V. P. Exploration, presently in Uganda, has provided the
    following report:
    Vangold’s history of exploration in Uganda dates from 1994. The Kafunjo, Kilembe, and Fort Portal
    projects were developed in the following years. Active exploration resumed in 2007, with programs
    planned and in progress in 2008 on all licences.
    Releases in January 2008 of airborne magnetic and radiometric geophysical surveys covering two areas
    (Blocks 1 & 6) have been purchased and are being interpreted by a geophysicist. As additional Blocks
    are released the data will be acquired.
    Programs are now being organized in Kampala. Letters of introduction to regional authorities have been
    provided from the Geological Survey. Field examinations will begin in March. A new 4x4 Toyota Land
    Cruiser has been purchased and other field supplies are on hand.
    Kafunjo Licences
    Three adjacent licences are located in southwest Uganda near the triple junction of Tanzania, Rwanda,
    and Uganda. A strong 7 km long coincident pairing of magnetic and gravity anomalies occurs on a trend
    which arcs from the ultramafic-hosted nickel-PGM deposits at Kabanga and Kagera in Tanzania.
    Previous exploration by Vangold (1994-1995) included a drill test to depths of approximately 350m.
    Reinterpretation of the geophysics and drill core suggests that the upper part of the causative body is
    600-800m below surface. Study of pyrrhotite-silica veinlets determined that they are of hydrothermal
    origin. Sulphur isotopes are similar to those from the massive copper – silver deposits at Mt. Isa,
    Australia.
    Possible deposit models include nickel – PGM in ultrasmafics, massive to disseminated copper
    sulphides, and IOCG (Iron oxide - copper – gold) of the Olympic Dam, Australia type.
    Work now commenced includes a gravity survey over the centre of the anomaly. A proposal for the
    survey has been submitted to the geophysical section of the Petroleum Department of the Uganda
    Geological Survey, for completion in mid-March. Diamond drilling to depths of 1000m or more is
    planned. A suitable drill is being sought; one or more may be available by April.
    Vangold Resources Ltd.
    News Release
    Page 2 of 3
    P.O. Box 11622, 1730 – 650 West Georgia Street, Vancouver, BC, V6B 4N9
    Phone: 604-684-1974 Fax: 604-685-5970 http://www.vangold.ca
    Kilembe Licences
    Five contiguous licences extend southwesterly from the formerly productive Kilembe Mines Ltd.
    (Falconbridge) copper – cobalt mine which operated from 1956 – 1972. The area covered by the
    Vangold licences includes the favorably mineralized horizon. Exploration by Kilembe Mines in the 1956
    – 1961 period identified several copper – cobalt occurrences on which a few confirmatory holes were
    drilled. At the time, mining centered on the eastern deposits and the southwestern deposits were
    regarded as future developments.
    Exploration this year will begin with GPS relocation of the occurrences, geological mapping and
    sampling, and possibly drilling.
    West Nile Licences
    Nine licences are positioned adjacent to the DRC – Uganda border. The rocks to be investigated are
    Proterozoic metavolcanics and amphibolites which may host gold deposits. Occurrences of placer gold
    are known; no bedrock sources of gold have been found. These strata trend southwesterly into DRC
    where important gold deposits are under development.
    Initial examinations will include prospecting and sampling. Detailed programs will be planned as may
    be warranted.
    Fort Portal Licence
    One licence northeast of Fort Portal is held to cover a copper – cobalt and a gold occurrence, both
    located on a segment of the productive Kilembe series of rocks. Exploration by Vangold (1996 – 1998)
    relocated a geochemical and electromagnetic anomaly which had been identified and drilled by Kilembe
    Mines. One drill hole by Anglovaal (option from Vangold) in 1998 was sited incorrectly and did not
    intersect the zone. Placer gold has been recovered by artisan miners from the southern part of the
    licence; a bedrock source has not been located.
    Work will include reestablishing the location of the copper – cobalt mineralization and positioning of
    drill stations. Prospecting of the gold occurrence will begin.
    Kamwenge Licence
    One licence is held in an area of gold occurrences southeast of Fort Portal. Vangold has done no work
    on this prospect. Reconnaissance prospecting will determine the nature of additional work.
    Buguri Licence
    One licence in eastern Uganda is underlain by Archean Nyanza metavolcanics, a belt of rocks which
    hosts the mines of the Lake Victoria goldfields of Tanzania and Kenya. Historic work on the permit and
    vicinity by BGRM includes stream sediment, soil, pan concentrate, and outcrop sampling. Laterite /
    saprolite cover is extensive. Results indicate that targets for gold mineralization are present. No drilling
    was done.
    Vangold Resources Ltd.
    News Release
    Page 3 of 3
    P.O. Box 11622, 1730 – 650 West Georgia Street, Vancouver, BC, V6B 4N9
    Phone: 604-684-1974 Fax: 604-685-5970 http://www.vangold.ca
    The area is within Block 1 of the recent magnetic and radiometric survey, data from which Vangold has
    purchased and is now interpreting.
    The program will first synthesize the new geophysical information with the regional geology.
    Thereafter field examination will begin to determine detailed exploration. Auger sampling to bedrock
    and ground geophysics may be considered, prior to drilling.
    Program Supervision
    The qualified person on site is Locke B. Goldsmith, P.Eng., P.Geo., V. P. Exploration, Vangold
    Resources Ltd., who has been in charge of the company’s Uganda programs since 1994. He will conduct
    the field examinations, planning, and supervision, assisted by Uganda geologist, David Kyagulanyi.
    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
    The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news
    release. The statements made in this News Release may contain certain forward-looking statements. Actual events or results may differ
    from the Company’s expectations. Certain risk factors may also affect the actual results achieved by the Company.

    Kam heute ´mal wieder von Robin Moriarty per email


    VANGOLD RESOURCES LTD. TSX-V:VAN



    NEWS RELEASE



    VANGOLD REPORTS ON OIL AND GAS INTERESTS


    IN KENYA, RWANDA AND ARMENIA



    February 28, 2008 - Vancouver, British Columbia - Vangold Resources Ltd. ("Vangold”) has been actively working in Kenya, Rwanda and Armenia over the last 18 to 24 months. President and CEO Dal Brynelsen, comments: “We have successfully opened offices in Yerevan and Nairobi to support our properties in Armenia, Kenya and Rwanda. We have staffed these offices with excellent technical people who have achieved an exceptional amount of information gathering and compilation with the help of consultants in the UK and Canada. All of the three properties which cover in total 43,000 sq kms have exhibited excellent potential for hydrocarbons. We are very encouraged and look forward with great excitement to the next several years for which we owe special thanks to our technical staff. At my request they have prepared the following report on our current operations and future plans.”



    Kenya



    Mr. Francis M. Karanja, the lead exploration geologist, reports: Vangold Resources Kenya, a wholly owned subsidiary of Vangold, has acquired an office in the Nairobi industrial area to provide technical support for operations in Kenya and Rwanda. Vangold Kenya has retained the services of a technical team comprising three geoscientist consultants and one administration officer. The three geoscientists include an exploration geologist, exploration geophysicist and a senior geologist. The experienced technical team has developed a clear operational plan and budget. The team has also acquired the SMT Kingdom software to undertake in-house interpretation and handling of the geophysical and geological data.



    In Kenya, Vangold has acquired a large [12,270 km2] land package [Block 3A] which partly lies along the proven hydrocarbons fairway of Central Africa Rift system [CARS]. The Block 3A acreage occupies a convergence area of three sedimentary basins of Anza, Mochesa and Lamu Embayment. The Anza basin [Graben] in Kenya is the termination rift of the Central African Rift System in north east Kenya. The basin forms the south-eastern extension of the prolific Melut and Muglad rift basins in southern Sudan where working petroleum system have been proved and oil discovered. Potential source rocks for hydrocarbon generation and evidences of a Cretaceous working [oil generation] petroleum system exist in Anza Graben in Chalbi sub-basin to the north-east of Block 3A. Past petroleum exploration in Block 3A include geological, geophysical and geochemical studies resulting in establishment of the geological setting and prospectivity of the block. The prospects associated with Anza Graben in Block 3A acreage are the most promising and will be given the first priority by Vangold management. Two exploratory wells have been drilled in Block 3A.



    Vangold has already acquired the previous data on petroleum operations in Block 3A from the National Oil Corporation of Kenya and now in the process of re-processing the data followed by interpretation, basin modeling, data integration and establishment of leads/prospects in Blocks 3A & 3B. Before the end of the Initial Exploration Period of three [3] contract years, Vangold will acquire more 2D/3D seismic data and drill one exploratory well.



    In addition to Block 3A, Vangold has a one year study option for Block 3B [12,270 km2] which lies in Lamu Embayment basin south of Block 3A. The block has adequate magnetic and gravity data with sparse seismic coverage. Two exploratory wells have been drilled in the block. Vangold will re-process the relevant geophysical data and undertake interpretation and integration of the data including basin modeling for possible existing of active Tertiary, Cretaceous or Jurassic age petroleum systems. The hydrocarbons prospectivity of Block 3B based on the existing data will be established and a lead map for the block generated. Vangold has the option to acquire the block under the Production Sharing Contract [PSC] or drop the acreage after one year study.



    The leadership in Kenya, both the government and opposition are actively engaged in mediation talks that has resulted in reduced incidences of violence in the western region of the country. The eastern part of the country where Block 3 falls has remained unaffected and oil exploration activities of Lion petroleum [block 1], CNOOC [block 9] and Lundin [block 10a] continue unabated. Recent intervention by the US State Department, European Union, African Union and the rest of the world augurs well for the outcome of the talks.



    Rwanda



    On March 1, 2007 Vangold reported that it was granted the exclusive rights to commence negotiations for a production sharing license for oil and gas in the northwestern part of Rwanda. The concession, a 2,708 sq kms area, represented 11% of the land mass of Rwanda. Vangold’s technical team had previously undertaken a technical review of all information available and negotiations commenced. Subsequently, in October, 2007 Vangold successfully negotiated and signed a Technical Evaluation Agreement for the East Kivu Graben Basin area located in the Kivu Graben. A one year technical study narrowed the area to 1,631 sq kms.



    The main achievement Vangold envisages in Rwanda Kivu Graben is the establishment of the existence of potential sedimentary basin where hydrocarbons may have accumulated. The task to achieve the objective will involve undertaking a defined and specified airborne geophysical survey [gravity & Magnetic] programme in the entire Vangold’s Kivu Graben block that includes the Rwanda portion of the Lake Kivu waters. The acquired data will be subjected to interpretation using state-of-art technology. Vangold has evidence of a possible working petroleum system in Kivu Graben with the existence of high carbon chain hydrocarbons in the deep waters of Lake Kivu. Such hydrocarbons originate from a source rock adequately matured and deeply [<2,000m] in-bedded in the possible Tertiary lake sediments sequences in Kivu Graben. Lake sediments of Tertiary age outcrop at Gisakura area in south-west Rwanda.



    The Kivu Graben is the southern extension of the Albertine Graben in Uganda and DRC where a Tertiary age working petroleum system has been proved and oil discovered by Tullow Oil and Heritage Oil. We believe a similar [Tertiary age] working petroleum system exists in Kivu Graben with a possibility of oil generation and accumulation in Kivu Graben. Therefore, Vangold has further commissioned ASAR imagery study of lake Kivu waters as a similar study in Lake Tanganyika to the south has revealed 10 oil seeps



    Armenia



    Mr. Gerry Sheehan, Managing Director of Blackstairs Energy plc reports as follows on Vangold’s operations in Armenia:



    An Exploration and Production Sharing Contract was signed with the Government of Armenia on April 27th 2007. The contract covers the areas designated “Blocks 4, 5 and 6” and extends to c. 13,775 sq. km (c. 3.4 Million acres) in central and southern Armenia. The contract will be operated by Blackstairs Energy plc (50%) in partnership with Vangold Resources (50%). The associated “Exploration Licence Permit” and the “Licence Agreement” permits were also approved by the Armenian authorities in May 2007 and December 2007 respectively. These permits allow unrestricted access to the Licence Area and the commencement of various technical operations in the blocks.



    The term of the contract is for 5 years with two additional extensions each of 2 years negotiable with the authorities. The work programme over the initial 5 years comprises Geological Studies, Gravity and Geochemical studies, Remote Sensing (Satellite Imagery) and 170 km of 2D seismic. The financial commitment is 2.4 Million $US over the initial 5 year term.



    The commercial terms of the Exploration and Production Sharing Contract are attractive and serve to ensure that even quite small accumulations of either oil or gas will be viable for commercial development. Armenia currently imports all of its hydrocarbons and there is a ready open market for any indigenous hydrocarbons.



    Geological Summary and Prospectivity



    The sedimentary basins of Armenia are relatively under-explored. The geological history is complex due to the major Caucasus mountain–building structural events. Two main sedimentary basins are recognized- the “South-Western Basins” extending west to Armenia’s border with Turkey and the “Central Depression” covering the central part of the country extend east to the border with oil-rich Azerbaijan and south towards the border with Iran. Within these basins lie a series of smaller complex sub-basins. The structural style identified within these basins displays good potential for the development of multiple hydrocarbons traps with widespread evidence of folding, faulting and complex fault thrusts. The Central Depression covers most of the joint-venture’s Licence Area and contains a broad age range of sediments from the oldest Devonian era sequences right up to thick recent sediments. This broad sequence offers the potential for the development of various reservoir, source and seal combinations. In the extreme south in Block 6, adjacent to the Iranian border, a Jurassic-Cretaceous sub-basin is virtually unexplored and may offer significant hydrocarbon potential.



    Previous hydrocarbon exploration has been patchy and unsystematic and undertaken using fairly basic geological and geophysical techniques. From 1947 up to 1990 the former Soviet authorities undertook fairly sporadic programmes of seismic and drilling, often lacking in geological and adequate seismic control. Two key well results emerged from this phase of exploration. The Shorakhpur-1P well east of the capital Yerevan encountered minor oil. Further west at Armvir the Oktemberyan-13E well flowed gas at low rates for 6 months. Numerous other boreholes encountered indications of both oil and gas and several oil and seeps are also well documented; these are scattered widely throughout the Licence Area. This phase was followed in the 1990’s by a seismic and drilling campaign by AAEC. Their well- Azat-1- drilled to 3524 metres and again encountered minor oil shows before being terminated for operational reasons. In 2007 Transeuro Energy Corp. drilled the Kamir-1 exploration well and reported an extensive reservoir interval with well logs indicating a thick zone of low gas saturations. Transeuro also reports that this well has now been suspended with a view to additional logging and testing programmes later in 2008.



    The exploration programmes to date offer sufficient encouragement to infer the development of a working petroleum system. However, a more systematic geological and geophysical evaluation programme is required to advance our understanding of the hydrocarbon prospectivity. The Blackstairs-Vangold joint-venture is now well advanced in developing a new geological model for the area. A team of local and western professionals has been assembled and a technical work progamme is underway. The historical data is being carefully analysed and incorporated to a modern GIS database. These data are already yielding valuable geological information and greatly assisting in the evolution of a new geological model for the area. In order to understand the major controls on structure formation and sedimentation a Remote Sensing study (high-resolution Satellite Imagery) was completed in 2007. This is being followed up with more focused evaluation of certain areas highlighted from the initial phase and field validation of newly identified geological trends is ongoing.



    A major gravity survey (5000 stations) over Block 4 and 5 also started in 2007 and will resume in early summer 2008- this will serve to elucidate the subsurface structural trends and will be integrated with the Satellite Imagery and field structural and geological mapping. The ultimate objective of these studies is to highlight areas for a focussed programme of 2D seismic acquisition targeted at significant structural trends in promising fairways for reservoir, seal, source rock and migration route development. Ultimately the joint-venture aims to assemble a good quality prospect portfolio and rank these individually for a future drilling campaign.



    In summary, the geological and geophysical data from the historic exploration programmes indicate extensive basinal areas with encouraging evidence that a viable petroleum system may be developed. The nature and complexity of the structural trends would indicate that a broad range of trap size is possible. The extensive stratigraphic sequences should offer multiple reservoir possibilities. The modern systematic exploration programmes being undertaken by the Blackstairs-Vangold joint-venture should considerably add to our understanding of this petroleum system.



    Blocks 4, 5 and 6 cover a very large area of virtually un-explored terrain. There are numerous and widespread indications of hydrocarbons, and the Licence Area represents a good quality acreage portfolio in a strategic region.



    Management of Technical Activities & Licence Administration



    Immediately on signing the Petroleum Contract, the Blackstairs Energy-Vangold Resources joint-venture began putting a technical and office infrastructure in place in Yerevan. An experienced expatriate General Manager was appointed, local technical (geological and geophysical) financial and administrative staff recruited, and an office building with excellent communications and exploration technical software was configured. These activities are supervised and supported by the Blackstairs technical team in Dublin Ireland. Considerable advances have already been made in the technical evaluation the Licence Area.



    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

    Analyse


    26.02.08 Dragon (AUS, Kurs 0,12 A$, MKP 88,5 Mio A$) meldet für das Dezemberquartal (Juniquartal) aus dem schwedischen Svartliden Projekt eine unveränderte Produktion von 10.534 oz (Dragon Anteil), was einer Jahresrate von etwa 40.000 oz entspricht. Dragon hält einen Anteil von 80 % des Projekts. Bei Nettoproduktionskosten von 475 $/oz (385 $/oz) und einem Verkaufspreis von 756 $/oz (540 $/oz) konnte die Bruttogewinnspanne von 155 auf 281 $/oz gesteigert werden, was auf die fast vollständige Schließung der Vorwärtsverkäufe zurückzuführen ist. Im finnischen Vammala Projekt wurden 4.183 oz bei Nettoproduktionskosten von 1.141 $/oz gefördert. Der Verkaufspreis erreichte 726 $/oz. Das Projekt sollte eigentlich bereits 2005 in Produktion gehen und jährlich 80.000 oz fördern. Dragon erwartet aus beiden Minen eine jährliche Produktion von etwa 100.000 oz. Im Zara Projekt in Eritrea, an dem Dragon einen Anteil von 20 % hält, konnte die Ressource auf 208.000 oz (152.000 oz Gold) erweitert werden. Die Vorwärtsverkäufe wurden von 82.000 auf 10.000 oz reduziert und decken noch einen Produktionszeitraum von 0,2 Jahren ab. Die unrealisierten Verluste aus den Vorwärtsverkäufen fielen 28,4 auf 5,0 Mio A$ zurück, was 422 $/oz entspricht. Am 30.06.07 (31.12.06) stand einem Cashbestand von 2,8 Mio A$ (11,6 Mio A$) eine gesamte Kreditbelastung von 59,1 Mio A$ (66,8 Mio A$) gegenüber. Beurteilung: Durch die Glattstellung der Vorwärtsverkäufe hat sich die fundamentale Lage der Dragon erheblich verbessert. Sollte Dragon eine jährliche Produktion von 100.000 oz bei einer Gewinnspanne von 100 A$/oz umsetzen können, würde das KGV auf 8,9 zurückfallen. Problematisch bleibt die hohe Kreditbelastung. Sollte das Vammala Projekt erfolgreich umgesetzt werden können, würde sich eine spekulative Kaufmöglichkeit eröffnen. Wir setzen für Dragon ein maximales Kauflimit von 0,12 A$ und ein Kursziel von 0,25 A$ fest und stellen Dragon zum Kauf. Empfehlung: Halten, unter 0,12 A$ kaufen, aktueller Kurs 0,12 A$, Kursziel 0,25 A$. Dragon wird an mehreren deutschen Börsen gehandelt (vgl. Verkaufsempfehlung vom 30.08.07 bei 0,115 A$).


    Grüße GW

    Latest Core Drill Results From Pan African's Tranomaro Uranium Project Confirm Further Expansion of the Zone: Results Include 6.0 m of 3.44 lbs/sh.t U3O8 (0.15% U)
    VANCOUVER, BC--(Marketwire - February 18, 2008) - PAN AFRICAN MINING CORP. (TSX-V: PAF) (FRANKFURT: P2A) (the "Company") is pleased to announce that assay results from two more drill holes completed in late 2007 on its Tranomaro Uranium Project in the South-East of Madagascar have now been received from ALS Laboratory Group in Vancouver. These holes are part of Phase 1 of the core drilling program which was commenced last year. 11 holes have now been completed to a typical depth of 70-130 m at old French Mine No. 37. The current drill program is presently focused on exploration of one of several highly mineralized priority target areas within the 206 squares held by the Company in the Tranomaro region, covering an aggregate license area of approximately 1287 sq. km.


    Assays from the latest two holes reported show significant Uranium mineralization up to 0.15% U, which can be traced below the old Mine No. 37 and to the West of it. Mineralization there has been confirmed so far in core drill holes to a depth of up to 100 m. Mine 37 was in operation by the French Commissariat a L'Energie Atomique ("CEA") through the late 1950s, focusing on extraction of U from several of the high-grade readily minable surface deposits in the area. The Uranium typically occurs in this region as uranothorianite in bands of pyroxenite. The French chemically treated the ore to separate out the U in order to supply its nuclear power industry at home. The Company views the region as offering great potential due to the more than 100 targets which have now been identified, including both high-grade anomalies which remain unexploited by the French as well as large lower-grade deposits which were typically ignored in the 1950s era.


    The following tables present selected Uranium assay results from mineralized intersections of the most recent two drill holes reported. Previously, 9 core holes were drilled in a North-South line parallel to the face of the old French Mine 37. Those holes were spaced at 30 m intervals and cover an extent of approximately 240 m length N-S. All of those holes yielded significant Uranium values and the Company is now drilling another line of holes 20 m to the West in a line parallel to the first one, searching for extension of the mineralized pyroxenite horizon. The N-S spacing of 30 m and the drill hole inclination of 55 degrees to the E was maintained as applied in the first line. The two new drill holes confirm the down-dip continuation of the mineralized strata to the West. The size of the highly mineralized lens is bounded only to the East, remaining open in the N-S direction as well as to the West, and at depth.



    TABLE OF SELECTED DRILL RESULTS
    -------------------------------------------------------------------
    Drill hole 63S 17E
    E652587.21; N7282672.16; Azimuth:70 degrees, Inclination:55 degrees
    -------------------------------------------------------------------
    Depth (m) Interval ME-MS61U ME-MS61U lbs U3O8 /short ton
    -------------------------------------------------------------------
    From To (m) Th (ppm) U (ppm)
    -------------------------------------------------------------------
    53 58 5 896.8 886.6 2.09
    -------------------------------------------------------------------
    73 84 11 1098.5 600.7 1.42
    -------------------------------------------------------------------


    Drill hole 100S
    E652583.90; N7282631.60; Azimuth:70 degrees, Inclination:55 degrees
    -------------------------------------------------------------------
    Depth (m) Interval ME-MS61U ME-MS61U lbs U3O8 /short ton
    -------------------------------------------------------------------
    From To (m) Th (ppm) U (ppm)
    -------------------------------------------------------------------
    72 78 6 1539.8 1458.12 3.44
    -------------------------------------------------------------------
    The results to date are most encouraging and continue to expand the size of the U-bearing zone in and around old French Mine No. 37. They signal that our Uranium exploration team has refined their understanding of the regional and local geology as well as the ore petrology to such an extent that the field work can be accelerated in pace and very target orientated. The evaluation by our field team of more than one hundred abandoned open pit Uranium mines and radiometric and geochemical anomalies is ongoing and enables us to select promising drill targets efficiently and quickly. A small, portable drill rig is used for scout drilling of shallow holes. The heavy Atlas-Copco CS-14, capable of reaching far below 500 m depths, is positioned where our team has identified potentially important anomalies or mineralized shoots. Besides continuing at Mine 37, upcoming targets for the big drill will be in the vicinity of Mines 52 to 56, N of Tranomaro.


    While the Company is directing the exploration work, the Atlas Copco CS-14 in use at Tranomaro is operated by L'Office des Mines Nationales et des Industries Strategiques ("OMNIS"), a Malagasy State Agency. OMNIS is the Company's Joint Venture Partner on the Tranomaro Uranium Project, which is 80% owned by the Company. The program is managed by Dr. Reinhard Ramdohr, Senior Geologist and Mining Engineer, a Qualified Person within the meaning of N.I. 43-101. He is assisted by the experienced Team Manager Marcel Rasolofonirina and a highly skilled crew of fourteen Malagasy geologists, geophysicists and technicians. Gregory B. Sparks, P.Eng. a Qualified Person under N.I. 43-101 and Director of the Company providing overall project oversight.


    Sample preparation, recording, quality control, handling and shipping are done by the Company's lab in Antananarivo. This work is supervised by Ardito Martohardjono, Vice-President of Laboratory Services and a Director of the Company. The chemical analytical work is performed by ALS Laboratory Group of Vancouver, B.C., utilizing their Uranium Package Code ME-MS61U, a 48 element near total digestion ICP procedure. Overlimits for the foregoing procedure are re-analyzed using ALS procedure U-XRF10.


    According to Irwin Olian, CEO of the Company, "It is gratifying to see continued progress reflected in results from our initial core drilling program at Tranomaro. We are well on our way toward delineating a meaningful resource at old Mine 37 and look forward to drilling additional regional sites as well in the coming months. U prices have been in the range between $75 and $100 per lb/ U3O8 for over six months, and could be subject to further upward pressure in the near future. We note that the reported number of planned and proposed Nuclear Power Plants worldwide has increased by 94 during the year 2007, from 222 to 316, according to Swiss 'Finanz und Wirtschaft.' This is a dramatic increase that could spell further price gains for U going forward, notwithstanding general fears about a possible slowing of the world's economy. In line with our bullish assessment for the U industry, we are now accelerating exploration of two of our other U projects in Madagascar, Folakara and Antsirabe, as well as continuing with our major drilling and exploration program at Tranomaro."


    About Pan African Mining Corp.


    The Company is an exploratory resource company with approximately 7,500 sq. km. of diversified mineral properties and 5,000 sq. km. of uranium properties in Madagascar. The Company is exploring these properties for uranium, gold, coal, precious stones, base metals and industrial commodities. In addition, the Company is exploring two large regions for gold and metals in Mozambique under agreements with other companies. It also has approximately 5500 sq. km. of diamond licenses in Botswana which it is presently exploring. Its operations in Madagascar are carried out through its operating subsidiary, PAM Madagascar Sarl, and its uranium activities are carried out through its 80% owned subsidiary PAM Atomique Sarl. The Company has offices in Vancouver, Canada and Antananarivo, Madagascar. More information about the Company is available at http://www.panafrican.com.


    ON BEHALF OF THE BOARD OF DIRECTORS OF PAN AFRICAN MINING CORP.



    "Irwin Olian"
    Irwin Olian
    Chairman & CEO


    Feb 18, 2008 03:09 ET

    Hallo Odin,


    der Gründe gibt es doch bei Vangold einige (blättere ´mal 2 Seiten zurück!!!):


    Zitat

    Sachsenklinik


    Was kann man von Quacksalbern und Kurpfuschern wie Vangold VAN anderes erwarten?


    Gogh


    Zitat

    Pleiten Pech und Unvermögen


    Nach dem Schweigen um die Seltenmetalle, der Desinformationspolitik in Bezug auf Kanon und der News-Panne von gestern ist mein Vertrauen in Vangold erst ´mal hin. Ich habe deutlich reduziert! verwirrt böse


    Grüße GW


    Mittlerweile bin ich ganz raus und sehe mir das ganze von der Seitenlinie aus an.


    Das Vertrauen ist hin und muss erst neu erarbeitet werden.


    Grüße GW