Beiträge von heron

  • Silber Companies - Liste und Neues

    Moin Tschonko!


    Es war viel los in den letzten Tagen, News, Quartalszahlen..


    Zur Meldung von EXN, soweit ich das kapiert habe: Auramet (http://www.auramet.com) ist ein Goldhändler, der schon früher mit EXN zusammen gearbeitet hat:


    News vom 16.8.07: ...The Company funded this transaction through internal cash reserves and a USD 2.5 million bridge financing loan from Auramet Trading, LLC. The loan has an interest rate of 12Prozent per annum, and is repayable in six equal monthly instalments starting September 2007...


    Nun gibt es einen neuen Deal: Auramet und EXN haben vereinbart, dass EXN einen Kredit bis zu 4 Mio bekommen kann. EXN kann selbst bestimmen, wann, für wie lange, wie viel, wie oft, und immer mit Silber statt mit Cash zahlen.


    Mit Hedgen hat das gar nichts zu tun. Bleibt natürlich die Frage, ob sich der Deal für EXN rechnet. Positiv ist jedenfalls, dass EXN aufs Tempo drückt.


    VG heron

  • Silber Companies - Liste und Neues

    ECU.TO stieg innnerhalb von drei Tagen um 37% :D


    Ich erwarte in den nächsten Wochen gute Meldungen von allen Projekten. Die erste kam gestern:


    September 5, 2007
    ECU Silver Announces Another Discovery at the Velardena Project
    Highlights


    - Another new discovery at the Velardena Project.


    - Intersected the Roca Negra vein at shallow depth.


    - Samples averaged 3.16 g/t gold, 491g/t silver and 5.0% zinc.


    - Drill-hole T6-03 yielded 4.0 g/t gold and 695 g/t silver.


    - Roca Negra vein has lateral extent of over 700 meters.


    TORONTO, ONTARIO--(Marketwire - Sept. 5, 2007) - ECU Silver Mining Inc. (TSX:ECU) is pleased to announce that the Company has made another new discovery within the Velardena project at the historical Roca Negra mine. Historical mining was carried out on the Roca Negra vein which is located approximately 80 meters north of the Terneras vein where we recently announced the discovery of the western extension of the Terneras vein. Roca Negra is located between the Terneras and Santa Juana mines and is the most northly of the extensive east-west striking veins that include Terneras, San Juanes and San Mateo.


    The following points are considered important to this latest discovery:


    1) The Roca Negra vein has been defined to a 200 meter depth and lies within our current underground development and infrastructure;


    2) The location of the Roca Negra vein at depth is easily accessible from our underground development;


    3) The Roca Negra vein has so far been defined laterally for 700 meters and vertically for 200 meters;


    4) The Roca Negra vein remains open laterally and at depth;


    5) Based on recent work in known areas within the Velardena property, higher gold grades are expected at depth;


    Michel Roy, CEO and Chairman stated that "Our latest discovery at the Roca Negra vein is positive for the Company for two important reasons. First, the grades values were excellent. Secondly, the entire sector defined to date at Roca Negra is readily accessible from existing underground infrastructures. Consequently, it can easily be integrated in our short to medium term mining plans."


    Stephen Altmann, President added that "The discovery of the Roca Negra vertical extension is confirming the impressive continuity of several large veins within the Velardena property. Our extensive exploration program continues to show ongoing success. ECU has now outlined significant vein continuity in five historical mines/veins within the Velardena property alone."


    Roca Negra History and Geology


    The Roca Negra vein was mined from surface to shallow depths only (approximately 50 meters) and was closed in 1910. In our current exploration and drilling program, the vein was followed on surface for 700 meters and it was cut at two levels from underground with the deepest cut being approximately 220 meters below surface. The deepest cut is at the same elevation as the main access adit to the Terneras and Santa Juana mines.


    We expect that the Roca Negra vein will have a vertical continuity of a minimum of 600 meters which would be consistent with similar known veins in the immediate area, namely, the Terneras, Santa Juana and San Mateo veins. However, readers are cautioned that until further drilling is carried out at Roca Negra, there can be no assurances that will be the case.


    The western and eastern extensions of the Roca Negra vein, beyond the 700 meters already identified, have yet to be drilled.


    The Roca Negra is a tabular structure with mineralization filling a pre-existing fault. The mineralization varies from calcite-rich sections with lower grades and quartz-rich sections with significant values in precious and base metals.


    Sampling and drill results


    Our exploration program at Roca Negra was focused in two areas. The first area was located about 300 meters east of the main cross-cut leading to the Santa Juana veins system. The work consisted of sampling along a 40 meter drift approximately 140 meters above the main access adit (equal to level 6 at Terneras) which yielded the following results:


    ----------------------------------------------
    Drift Samples - Roca Negra Vein
    ----------------------------------------------
    Sample Width Au Ag Pb Zn Cu
    m g/t g/t % % %
    ----------------------------------------------
    33916 0.75 0.83 245 0.94 3.55 0.08
    ----------------------------------------------
    33917 0.43 0.11 515 1.24 0.08 0.26
    ----------------------------------------------
    33918 0.15 1.35 108 2.53 0.75 0.12
    ----------------------------------------------
    33919 1.15 5.92 533 0.67 10.00 0.47
    ----------------------------------------------
    33920 0.55 3.46 825 0.66 1.59 0.36
    ----------------------------------------------
    Average 0.61 3.16 491 0.91 5.01 0.31
    ----------------------------------------------
    These results represent excellent average grades for both precious and base metals and justify a major follow-up in this area.


    The second area tested was at the same level as the access drift, 140 meters below the first area, and was drill tested with the following results:


    ---------------------------------------------------------
    Drilling Results - Roca Negra Vein
    ---------------------------------------------------------
    Hole Sample From To Width Au Ag Pb Zn Cu
    # m g/t g/t % % %
    ---------------------------------------------------------
    T6-03 43878 75.50 75.89 0.39 4.00 695 0.46 0.14 0.54
    ---------------------------------------------------------
    T6-04 44068 93.47 93.67 0.20 0.90 106 0.19 0.05 0.15
    ---------------------------------------------------------
    These assay results are consistent with the historical assays from the Roca Negra vein which contained significant gold and silver values as well as variable lead, zinc and copper values. The widths are also consistent with the widths observed and mined above.


    Going forward


    The next step in the exploration/definition process at Roca Negra is to drill at lower depth up to the 600 meter level. This will then confirm the vertical continuity of Roca Negra to a depth that is consistent with the other known veins in the Velardena property. Laterally, we plan to drill the structure for at least 1,000 meters from our existing underground infrastructure.


    Readers are cautioned that until a complete pre-feasibility study is completed, there are no assurances this latest mineralized zone will be economically viable, and although the above points are based on the best available data the company has collected to date, a material difference between the actual results and the Company's expectations may arise once further drilling is completed at the Roca Negra mine.


    The Company is also currently drilling underground both at our Santa Juana and San Mateo mines, plus testing the San Juanes vein, and on surface at the Chicago vein as we continue to define the MC and other veins, results are expected on all of these fronts shortly.


    Mr. Michel Roy, P. Geo., a "qualified person" within the meaning of NI 43-101, prepared the technical information disclosed in this news release.


    Statements in the release that are "forward-looking statements" are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially. We undertake no duty to update any forward-looking statement to conform the statements to actual results or changes in our expectations.



    The Toronto Stock Exchange does not accept responsibility for the adequacy or accuracy of this release.



    CONTACT INFORMATION:
    ECU Silver Mining Inc.
    Stephen Altmann
    President
    (416) 644-8640
    Fax: (416) 644-8801
    Website: http://www.ecu.ca


    VG heron

  • Silber Companies - Liste und Neues

    EXN.V: EXCELLON ENTERS INTO SILVER PURCHASE AGREEMENT
    ...Pursuant to the agreement, the Company will pre-sell to Auramet, 50% of the silver refined from ore mined at Minera Excellon's Platosa test-mine (up to a maximum of USD $4,000,000) for the next two years. This Agreement provides for an operating line of credit for the Company, whereby Auramet will pay for silver produced by Mineral Excellon prior to the same being refined into deliverable form. The silver will be priced at market prices, as agreed between Auramet and Excellon at the time of pricing, and will be subject to deduction for financing charges based upon LIBOR for the applicable financing period....


    IPT.V: IMPACT Silver Corp.: Stock Options
    ...IMPACT Silver Corp. (TSX VENTURE:IPT - News) announces that it has granted incentive stock options under its Stock Option Plan to directors, officers, employees and consultants exercisable for 1,080,000 shares of IMPACT. The options are exercisable on or before September 5, 2012 at a price of $1.40 per share.... X(


    FVI.V: Fortuna announces positive drill results at San Jose, Mexico


    VG heron

  • SILBER : Märkte und Informationen

    Alarming Silver Technicals von Scott Wright


    ...Whereas gold has been trending up bouncing off its 200dma, silver has been in a six-month downtrend. It has actually spent much of the last couple months at prices below its 200dma. And where gold is currently trading above where it began the year, the price of silver is lower than its opening price.....


    :D...Charts indeed provide an excellent visual of market conditions, and technical analysis is very useful on many levels. But no two analysts will paint the same exact picture. Charts can be interpreted many different ways and lines can be drawn at various slopes depending on the message that is trying to be relayed... :D


    VG heron

  • Silber Companies - Liste und Neues

    @ emoba


    Nichts genaues weiss man nicht, aber irgendwie scheint die Produktion nicht so richtig ans Laufen zu kommen. Auf der Webseite von UC heißt es:


    It is my personal objective that UC Resources will finish 2007 with 700 tonnes per day in production of silver and gold.”
    Richard J. Hamelin, President / CEO


    Aber seit Monaten gibt es kein Update zur Produktion ?( und vermutlich wird zur Zeit nicht allzu viel produziert. Ich erwarte in der nächsten Woche den Quartalsbericht, der hoffentlich mehr Klarheit bringt.


    VG heron

  • Silber Companies - Liste und Neues

    UC Resources Limited and Spider Resources Inc. Update on Diamond Drilling Program at McFaulds VMS project in Northern Ontario


    Ein paar Resultate:
    McF-07-73 = 16.2 m trace amounts of copper and zinc sulphide ["trace amount" ist nicht gut]
    McF-07-75 = 19.02 m of massive sulphides, mostly copper and zinc sulphide ["massive" ist sehr gut]
    McF-07-77 = 45.1 m semi-massive sulphides, including copper sulphide ["semi-massive" ist nicht schlecht]


    Zitat: Mr. Hamelin for UC: “I am extremely excited by the recent discovery by Noront Resources (NOT), this discovery should open up the McFaulds area which we have always believed has had the potential to host a major mining camp.


    UC spricht von "significant mineralization" und weist darauf hin., dass NOT.V ganz in der Nähe tätig ist. Allerdings gab es bei NOT 70 m visible copper sulphide. UC hat sowas nicht vorzuweisen, weder 70 m noch visible. Und der Kurs von UC reagiert nicht. Was aber auch mit den Problemen von UC in Mexiko zu tun hat.


    VG heron

  • First Majestic Silver Corp./ FR,AG (TSX,NYSE)

    Highlights from 2nd Quarter Financial Statements


    Die Zahlen sind unspektakulär. Die Produktion wurde gesteigert auf 850k oz eAq im letzten Quartal. Die Erneuerung der Infrastruktur kommt voran, insbesondere La Parilla sollte nun schnell deutlich die Produktion steigern (liegt zZ bei etwa 40 Prozent) .


    Und auch die Kosten wurden gesenkt. Im ersten Quartal waren es US$8.55. Nun hat man aber die Berechnungsgrundlage geändert und da schaut's gleich viel besser aus ;)
    Zitat: Direct cash costs per ounce of silver (see Non-GAAP measures below) decreased to US$6.59 per ounce for the quarter ended June 30, 2007, from US$6.90 per ounce from the prior quarter. This cash costs disclosure reflects the Company's revised calculation of cash costs to align this measure with industry standards (see Non-GAAP Measure, below).


    VG heron

  • Silber Companies - Liste und Neues

    Gerade im Netz aufgelesen:


    "I still think we have a way down to go before the PM sector bottoms. I think gold wants to go up but the CBs are still in control and will cap it with whatever they have to throw at it. They cannot afford to have gold running higher while confidence in the financials is lower. Period. So more downside for the metals, and shorting/margin call selling will drive the stocks lower too, until all the fear is wrung out. I think by next week we may find the floor.
    ...
    For me, SEG is safe because it just finished raising a lot of money so it is fully funded, and it is already at historic lows so the downside risk is reduced. SPM could drop a lot even though it too is fundamentally sound.


    My personal top pick for security and potential upside right now is IPT, and I bought more last week. I think rather than be aggressive and try to play the bounce right here, the prudent move if you want to be a buyer is to buy safety. Sure we could get a V-bottom and I hope we do. But I am resolved to play this as if we are going to deal with a correction for several months, and therefore I want to own juniors with lots of cash in the bank so that I can sleep well at night even if the share prices get bombed."


    cheers!
    COACH247



    VG heron

  • Impact Silver - IPT.V - WKN: A0HGWG

    IMO sind die Zahlen von IPT gut. Es wurde deutlich mehr produziert, und kurioser Weise weniger eingenommen. Und es tut sich ne Menge, z.B wurde kräftig neues Personal eingestellt.


    Dazu passt auch dieser Kommentar von Mexico Mike von Ende Juli:
    I spoke with Fred Davidson today and was able to get some updates on the status for IPT. They had so much core coming up from the drilling that they stopped work for a couple of weeks, while the cores were logged and shipped for assay. Only the first batch have been reported and assays are pending for targets at the San Ramon Mine, where IPT hit 27,000 g/t silver last year. Fred thinks they will come out with kilo-grade silver, which is still pretty good, and outline about 100m to depth more in that ore shoot, but he does not think they will be able to report super high grade results. Nonetheless, this new drilling work, plus underground development, will enable the company to put that mine back into production perhaps by the end of the year.


    The results from the Chivo Mine are good, and they have decided to put that mine into production. This means we could have 4 mines running by year end. Throughput at the mill is currently running about 300 tpd, more than double the rate of a year ago, and it may be running up to the 500 tpd capacity by the end of the year. Fred thinks they may ultimately have several other mills running on the property in the future as they build the mineral inventory.


    The total number of historic workings that have been identified at Zacualpan now exceeds 400 old mines! That is a monumental total, an indication of the intensity of mineralization, and keep in mind that IPT controls the entire district, and have staked an additional area adjacent. They have only been able to really do even basic exploration at maybe 20-30 of these old workings. So the company has targets to keep them busy for decades.


    There is a team of geos doing mapping and fieldwork at the new Mamatla Property. There could be a bulk tonnage VMS deposit at this project based on historic drill data and they plan to punch a few holes to confirm the numbers. They have also sampled high gold and copper grades at the edge of the underground workings that indicate a potential gold district that underlies the silver veins near surface. This property amounts to over 200 square kms so lots of opportunity there for many years as well.


    cheers!


    COACH247


    Voluntary disclosure: IPT is an advertiser on my website and I own shares in the company. I recently bought more shares last week.