es berichtet der designierte merger-partner Intreped (IAU.TO)
über NuStar´s aktuelle Performance:
"Source: Intrepid Minerals Corporation
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Intrepid Minerals-Paulsens Continues To Perform
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Thursday June 1, 1:15 pm ET
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TORONTO, ONTARIO--(CCNMatthews - June 1, 2006) - Intrepid Minerals
Corporation (TSX:IAU - News) is pleased to announce production results
for the Paulsens Mine, 100% owned and operated by NuStar Mining
Corporation Limited (NuStar). Intrepid is currently completing a plan of
arrangement with NuStar of Australia which will result in the merged
entity having an international production, development and exploration
profile. Intrepid shareholders will meet in Toronto on June 7, 2006 to vote
on the proposed merger, whilst NuStar shareholders are scheduled to
meet in Perth on June 26, 2006.
Mr. Brett Lambert, Chief Executive Officer, of NuStar Mining Corporation Limited reports:
"On the first anniversary of the inaugural gold pour at Paulsens, NuStar
is poised to deliver its fourth successive quarter of production growth and cost reduction.
Based on results for the months of April and May 2006, gold production
for the June quarter is forecast to exceed 21,000 ounces with mine site
cash costs of A$340 - A$350 (approximately US$260) per ounce.
Please click on the following link to view the Gold Production 2005/06
graph; http://www.ccnmatthews.com/docs/Image1.gif
Please click on the following link to view the Production Cost 2005/06
graph; http://www.ccnmatthews.com/docs/Image2.gif
Over two tonnes of gold was poured in the first year of operations at Paulsens.
A diamond drilling programme (22 holes - 9,100 metres) aimed at
extending the Paulsens mining reserve below its current base at 300
metres depth commences this month. The programme is expected to
take ten weeks to complete."
Laurence Curtis, PGeo., President & CEO of Intrepid Minerals is the
designated Qualified Person for this news release.
Intrepid Minerals is a TSX-listed company engaged in the acquisition,
exploration and development of mineral prospects. The Company, either
directly or through joint venture partnership, holds interests in several
gold-silver and silver-base metal properties in Argentina, El Salvador,
and Canada. Intrepid has 59,062,936 shares outstanding.
............................................gekürzt"