Beiträge von Tschonko

    Wieder ein mini financing!
    An Instis!!


    4-May-2007


    Unregistered Sale of Equity Securities



    Item 3.02 Unregistered Sales of Equity Securities


    On April 30, 2007, Sterling Mining Company ("Sterling") closed a US$1,800,000 private placement offering to a small group of institutional investors consisting of 500,000 units ("Units") at a price of US$3.60 per Unit. Each Unit is comprised of one common share of Sterling and one-half common share purchase warrant. Each warrant is exercisable for one common share at an exercise price of US$4.50 for 24 months following the closing date of the offering.


    Proceeds from the private placement will be used to fund the ongoing rehabilitation and upgrade of the Sunshine Mine as part of Sterling's mine plan to resume silver production there in December 2007 and for general working capital purposes.


    In connection with the private placement, Sterling paid a finder's fee of 7% of the gross proceeds of the offering by issuing 35,000 Units to Blackmont Capital Inc. and TD Securities Inc. of Toronto, Canada.


    As previously reported by Sterling Mining, it closed an offering of common stock and warrants in January 2007, which was made in reliance on the exemption from registration set forth in Section 4(2) of the Securities Act of 1933. The warrants sold included warrants to purchase common stock at an exercise price of $3.75 per share that expire on the later of April 20, 2007 and 90 days following the effective date of a registration statement filed to permit resale of the common stock underlying the warrants. In the last 10 days of April 2007, 16 of the original investors exercised warrants to purchase a total of 100,046 common shares at a total purchase price of $375,172.50.


    The private placement and warrant exercises were made without registration in reliance on Regulation S adopted under the Securities Act of 1933 and Section 4(2) of the Securities Act of 1933 and Rule 506 of Regulation D adopted thereunder based on the investors' representations regarding residency and/or accredited investor status.


    The shares of common stock, warrants, and common stock underlying warrants have not been registered under the Securities Act of 1933, or any state securities laws, and unless so registered, may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act of 1933 and applicable state securities laws.



    "If I only had a Dollar, for every song I sung..." .CCR

    Auch sehr gutes 1.Qu.!



    SeekingAlpha
    Analysts Unenthusiastic About Canadian Natural Resources' Current Share Price
    Thursday May 3, 4:45 pm ET


    FP Trading Desk submits: Costs are on the rise at Canadian Natural Resources Ltd.'s (NYSE: CNQ - News) Horizon oil sands project but its still cheaper than similar integrated mining projects being constructed, according to Raymond James analyst Stephen Calderwood.


    ADVERTISEMENT

    Phase 1 of the project is now estimated to be 5 to 12% over the original cost estimate of C$6.8 billion, Mr. Calderwood said in a note to clients and he expects cost overruns for the entire project, which includes Phases 1, 2 and 3, will reach 19% by the time it is complete.


    As a result, his cost estimate on the whole project is roughly C$2 billion above Canadian Natural's original estimate of C$10.8 billion.


    Even so, Phase 1 of the Horizon project is efficient, the analyst wrote, noting that the production addition cost of C$74,000 per barrel per day is 13% lower than similar construction projects that average C$85,000 per barrel per day.


    He reiterated his “market perform” rating on the stock and his C$63 price target remains unchanged.


    Meanwhile, Canadian Natural released better-than-expected first quarter earnings of C$1.15 per share on higher production in North America than anticipated.


    Despite the results, Adam Zive of Desjardins reiterated his “sell” rating and C$50 price target, saying Canadian Natural remains stretched, trading at 35% above his net asset value of C$50.

    auratico,
    uninteressant sind´s nicht.
    Da ich nun über DYG.V keine BUF bekomme, bin ich hier am Überlegen.


    Wenn du noch alte Artikel über NOT hast, bitte hier rein od. PN.
    Kann mich an Abfälliges über Management erinnern.....?
    Ich kenn mich schlicht zu wenig aus bei NOT.
    Bei VIT.V dafür besser .......... :D


    Hast du die eigentlich?


    Grüße
    Tschonko

    @edel,
    danke, interessanter Link.
    Lesenswert auch wegen der Goldminen.


    Kopier den Teil von EXN noch mal: anfügend sollte man in Betracht ziehen, dass die physical silver debt im Juni ausläuft und dadurch noch mehr cash generiert wird.
    Wenig Resourcen ausgewiesen, aber da mach ich mir keine Sorgen. :D
    Nur eine Frage der Zeit. Aber minenmäßig auch ein Spezialfall durch die schmalen, winzigen highgrades.


    Previously recommended, Excellon Resources (EXN) was first visited. The company has a solid management team, strong balance sheet and an experienced Board of Directors. Excellon owns 100 percent of the Platosa silver deposit located in northeastern Durango state. Excellon has a huge unexplored land package of 129 square km (36,000 acres) that lies in the middle of the beltway of Mexico's carbon replacement deposit (crd) system which hosts Mexico's largest silver mine, Santa Eulalia. Excellon has the highest grade in Mexico and is profitable. Excellon has more than $13 million in cash and the company will beginning piling up the cash in the next quarter and will be most importantly, debt free. This year, Excellon will produce 2.5 million ounces up from 1.7 million ounces but next year with normalized shipments, Excellon should producer 3.3 million ounces. Excellon has begun permitting and preparation for building a 300 tonne per day mill which will allow it to double its production in the fourth quarter of 2008. Of more excitement is that Excellon has boosted its exploration budget following an airborne survey which has highlighted at least two "mag highs". The company intends to drill these "mag highs" this summer.







    Noch einmal Mr. Wasser, diesmal zu Minefinders.
    Von mir schon im Nov/Dez hier als idiotensicherer und nervschonender Play für 07 ausgewiesen.


    http://biz.yahoo.com/seekingalpha/070504/34503_id.html?.v=1


    SeekingAlpha
    Minefinders 2006 Drilling Results: 'Dolores, Eres Preciosa'
    Friday May 4, 3:45 am ET


    Trey Wasser (III-D Capital) submits: Last week, Minefinder’s (AMEX: MFN - News) released the drilling results from their 2006 program at their advanced stage gold and silver project in Chihuahua State, Mexico. The results were impressive and should translate into a significant upgrade for resources, reserves and production at Dolores. The new resource report is due out any day.



    It appears that they are finding more ore just about everywhere they drill on the property. Even condemnation drilling outside the pit and at one of the leach pads gave indications of mineable, near surface ore. The leach pad just got larger and shareholders just got richer.


    But the drill bits found much more!


    The 2006 drilling program had four goals:


    1. To convert inferred resources within the proposed pit to measured and indicated reserves.
    2. To test near-pit inferred resources to extend the proposed pit.
    3. To test areas outside the existing open pit and extend the mine life.
    4. To test mineralization at depth and confirm the potential for underground mining at Dolores.


    Drilling results of the inferred resources in and near the pit were very good. This should result in a significant upgrade to measured and indicated as well as a possible extension of the open pit. M&I resources are currently over 5.4MM gold equivalent ounces [GOE] while inferred resources represent additional 1.1MM GOE. Dolores reserves are about 60/40, gold to silver.


    A new zone north of the pit that was previously drilled show significant results on three separate structures. Condemnation drilling to the east, west and south all produced results that will require more work. 2007 drilling locations will include all four areas.


    Dolores is becoming “Mucho Grande”


    While the open pit mine continues to expand, deep drilling at Dolores is what really got my attention. 2006 results almost insure that an underground mine will be constructed at the project. Gold intercepts at 400 to 550 meters occurring below the open pit were impressive not only in grade, but in width. These include widths of 48 to 104 meters averaging 6.1 gpt and 3.81 gpt (Aueq) respectively, with internal intervals grading 22 gpt over 4 meters. Smaller intervals of 2-4 meters were also intersected with grades as high as 1-2 ounces per ton. The Company is moving quickly into a feasibility study which includes a bulk cave and traditional underground mine plan.


    But the good news does not stop there. With the underground mine, will come a mill and floatation system. The current mine plan, production and economics are based strictly on a heap leach operation with no mill. Annual production of about 200,000 GOE is based on recoveries rates of only 74% for gold and 51% for silver. The addition of the mill and floatation will enhance recoveries from the open pit on about half of the reserves. Metallurgical testing has shown that this process should yield gold recoveries of greater than 90%, and silver recoveries from 82% to 94%. This will add about 650,000 GOE of production to the current mine plan, a 23% increase. Add to this, the production from the underground mine plus the additional resource areas and Dolores may have just doubled in size.


    With these enhanced recovery rates, cash costs could easily drop to under $200/GOE, adding even more leverage to the economics at Dolores.


    If a mill and floatation system would have this impact on production, why not build the mill now?


    The answer is that the deposit at Dolores is a combination of oxide and sulphide ores. The oxide material is lower grade and the silver recoveries would not be enhanced, at the mill, from the oxide ore. Rather than dilute shareholders with the expense of the mill, the plan is to leach the oxide ore first. Cash flow will be then be used to build the mill and the underground mine.


    Yesterday, Coeur D’Alene (NYSE: CDE - News) announced a merger with Palmarejo [PJO:CVE] for $1.1B. Palmarejo has a “fast-tracked” project, near Dolores, that CDE clearly believes is going to be a world class asset. PJO is projecting production of 300,000 GOE starting in late 2008 from an open pit mine with a mill. With production on schedule to begin in Q4 2007, MFN is at least a year ahead in mine construction. The defined resource at Palmarejo is about 3MM GOE and is approximately 2/3rds silver. PJO has no proven reserves and no feasibility study to define cash costs. Dolores already has over 4MM GOE in proven/probable reserves and a bankable feasibility study. CDE is excited about the underground potential at Palmarejo, but very little drilling has been done at depth and grades are nowhere near those at Dolores.


    Minefinders' current market cap is about $600MM. The stock remains extremely undervalued based on my matrix and Coeur D’Alene’s.


    Disclosure: The author is long MFN and considers it a core holding with a 12 month target of $18. He has no position in other stocks mentioned in this report.


    MFN 1-yr chart

    Jetzt möcht ich es aber genau wissen:
    Lucky,
    also wir hatten die 20 bewilligt von anfang 06, davon 9 eingelöst, bleiben 11.
    Wann wurden die 40 Mille bewilligt?
    Und jetzt noch mal 40 bei der nächsten, das ist klar.


    Also mich stört das nicht, seh es auch nicht als dilution,
    außer es geht so billig weg wie beim letzten Mal.
    Noch mal, wie gesagt, hervorragende entwicklung in 06.


    Und da kommt der haken:
    Warum muss es so billig sein?
    Warum haben wir hier keine instis?
    Warum hat SLW nicht bei SRLM zugeschlagen?
    Also, ich kenn die Antworten, weil ich ein bisserl lesen kann, was nirgends geschrieben steht.


    Schätze mal, dass es aktientausch geben wird bei einer zukünftigen Aquisition. und man braucht einfach die bewilligung.
    Er geht eh sehr sorgsam um bisher.
    Und die Startkosten sind auch nicht zu verachten.


    Weiterentwicklung d. produzierenden Mine (Wieviel??? wow!) in Mexico.
    Das ist wiederum ein Versäumnis


    "If I had a dollar, for every song I sung....." CCR


    "If I had a share (of SRLM), for every line I wrote....." gutso


    Dann hätten wir endlich einen Insti.... :D


    Grüße
    Tschonko



    Yankee Boy,
    danke, aber das weiß ich schon, wo ich es finden kann.
    Aber darum geht es nicht.
    Hast du dir die links angeschaut?

    heron,
    das passt ja hervorragend zum Thema mit Garibaldi.


    Nugget
    Die müssen jetzt mal klar sagen, was sie wollen.
    Dr.Megaw ist ja Berater und der kennt sich aus.
    Aber arbeiten müssen andere.
    Die stakes und ide Idee ist genial.
    Regoci hatte ich mir zum teil schon vorher angehört.


    Die IMI.V hab ich zwar eingebucht aber noch immer nicht handelbar.
    Wie schaut´s bei euch aus?


    Szabo zum CDE Deal:
    Fett: das frag ich mich auch schon länger? :D
    Warum gehen die fast aus dem Valley raus?
    alle anderen wollen rein????




    An astonishing development has taken place in silver stocks today with Coeur (CDE) announcing a friendly takeover of Palmarejo and its parent company, Australian Bolnisi for US$1.1 billion in stock. Assuming it can maintain the current share price, which is a big if in my mind, this deal would catapult CDE into the ranks of Silver Wheaton, Pan American and Silver Standard in terms of market value and resource base. Recently, I spoke of CDE's low price and P/E ratio as a possible opportunity to acquire a major silver stock on the cheap. The Palmarejo deal, however, creates a lot of uncertainty and dilution, essentially changing everything. I will have to analyze the implications in a bit more detail than I have so far, but for now I would say that CDE shares are likely to have plenty of trouble and resistance moving substantially higher in the next few months. With a growing universe of silver stocks to choose from, I just don't see any compelling reasons why CDE should be a major component of one's portfolio even when considering how cheap it is.


    Here is what I wrote about this deal for Resource Investor:

    This is not a bad deal for Palmarejo shareholders in the short term, but does carry the risk of deflating deal value given that CDE has just plumbed a new 52 week low. From CDE's perspective, the Palmarejo property is pretty exciting and obviously justifies a premium to account for exploration upside and expected low production costs. Is it too expensive? I suppose the market will determine that.
    On the other hand, I am having a hard time understanding what CDE is trying to accomplish. Last year, they sold their Silver Valley, Idaho properties including infrastructure for $15 million to U.S. Silver after allowing the operation to languish due to underinvestment, uncontrolled costs and a dwindling resource base. Since then, a basic exploration program has increased reported resources to around 60 million ounces of silver equivalent while production continues to ramp up. In contrast, CDE is acquiring a development project for approximately US$1 billion containing roughly 150 million ounces of silver equivalent. One of the stated benefits of the merger is the mining expertise CDE management brings to the table, but judging by the failure to extract full value from the Silver Valley properties, that claim is not very convincing. It may very well be worth the price in the longer run, but the strategy and timing appear highly suspect to me. I don't think the major issue is replacing reserves but rather the lost production from the Galena and Rochester mines, so in that sense I suppose CDE was desperate to make something happen. On the other hand, the deal with Palmarejo smells of "me too" and ego given that the combined silver company will have a market cap (based on today's share prices) similar to the trifecta of Silver Wheaton, Silver Standard and Pan American. Yet the fact remains that if separately CDE and Palmarejo were each having problems surmounting a market cap of $1 billion, they are going to have at least as much difficulty conquering a combined market cap of $2 billion together.

    Hallo auratico,
    das funktioniert sicher nicht mit 2 Glaserl, da brauchst schon eine Flasche.
    Ich hab mir das jetzt drei mal ang´schaut. Nüchtern!
    Ich ahne nun was... :D
    Von auskennen keine Spur.


    Hab annual report gelesen.
    Über finance sachen null drinnen.
    Die Projekte sind ja wirklich gut.
    Nur wie sind die finanziert? Schulden etc.?
    Letztes PP war ja ansprechend vom Preis.


    Grüße
    Tschonko

    Da schau her, in Liberia....
    Hoffentlich finden´s wieder z´ruck!


    Cabo Announces Award of Drilling Contract by AmLib United Minerals Inc.
    Thursday May 3, 9:00 am ET



    NORTH VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - May 3, 2007) - Cabo Drilling Corp. (TSX VENTURE:CBE - News; "Cabo" or the "Company") announces that it has been awarded a contract by AmLib United Minerals Inc. ("AmLib") for a minimum of 10,000 meters of reverse circulation drilling and 5,000 metres of core drilling. The project is located at AmLib's Kokoya exploration property near Dean Town in the Kokoya district of Bong County, Liberia.
    ADVERTISEMENT


    The Company is working closely with AmLib, a Jersey (Channel Islands) corporation, on this particular drilling operation. AmLib has extensive experience in the region and is currently the largest mineral exploration company in the country, with 3,200 square kilometres under license. AmLib will be providing all transportation, camp facilities, support workers, security, fuel and administration in Liberia.


    Cabo's Heath & Sherwood Drilling Inc. division will carry out the core drilling, while Forage Cabo Inc., the Company's Montreal division, will provide the reverse circulation drilling. Canadian drill crews and the necessary equipment have been mobilized to the site and drilling is scheduled to commence in the next few days. AmLib's and the Company's management teams have been working together to expedite drills and people into Liberia. AmLib will provide significant people resources in support of Cabo's drilling team.


    "Cabo Drilling Corp. has established itself as one of the larger drilling service companies serving the mining industry in Canada, Mexico and Panama," stated John Versfelt, Cabo's Chairman, President and CEO, "We continue to look for unique opportunities to grow with our clients, employing our surface and underground drilling expertise."


    Several West African countries including Mali, Burkina Faso, Ghana and Guinea have witnessed a boom in gold exploration, discovery, development and production over the past ten years. Now that peace has returned to Liberia and reconstruction is underway with strong international support, there is a major opportunity to apply modern exploration techniques to numerous gold projects previously reported, but neglected for decades. Other companies with recent or current interests in Liberia include, but are not limited to: BHP Billiton, Diamond Fields International, Freedom Gold Ltd., Broadway Mining plc, Ducor Minerals Inc., and Mano River Resources Inc.


    AmLib United Minerals is a privately owned corporation organized to explore mineral prospects in Liberia, West Africa. AmLib's executive offices are located in the capital city, Monrovia, and its field headquarters are in the Kokoya district of central Liberia. AmLib currently has exploration projects in Bong, Grand Gedeh, Montserrado, Grand Bassa and River Cess Counties.


    Cabo Drilling Corp. is a drilling services company headquartered in North Vancouver, British Columbia, Canada. The Company provides mining related and specialty drilling services through its subsidiaries Advanced Drilling Ltd. of Surrey, British Columbia; Forages Cabo Inc. of Montreal, Quebec; Heath & Sherwood Drilling Inc., of Kirkland Lake, Ontario; Petro Drilling Company Limited of Springdale, Newfoundland; Cabo Drilling de Mexico S.A. de C.V. of Hermosillo, Sonora, Mexico; Cabo Drilling (Panama) Corp. of Panama, Republic of Panama; and Cabo Drilling Spain, SL of Sevilla, Spain. The Company's common shares trade on the TSX Venture Exchange under the symbol: CBE.


    ON BEHALF OF THE BOARD


    John A. Versfelt, Chairman, President and CEO

    Sei vorsichtig mit Garibaldi.
    Wollen die überhaupt bohren?
    Ich mein, ich hab sie auch und hab die schon im Nov 06 erwähnt, weil mir die Kombination so gefallen hat.


    Manche meinen ja, wenn man diese Bilder vom Satelliten hat, dann weiß man schon, wo man zu bohren hat! :D
    Großflächig richtig.


    Die sind jetzt dort , wo palmarejo vor Jahren war.


    Glaub auch, dass die noch mal zurückkommt.



    Guter Artikel zu Gammon Lake:
    da find ich mich wieder in dem Schreiber, noch dazu in besserer Qualität! :D


    http://biz.yahoo.com/seekingalpha/070503/34359_id.html?.v=2
    gute Hyperlinks!!!


    Gammon Lake Resources: Another Mexican Treasure
    Thursday May 3, 4:03 am ET



    Trey Wasser (III-D Capital) submits: I recently wrote about the "Treasure of the Sierra Madre" focusing on the “bootstrap” mining methods being employed by some of the junior mining companies. Re-opening old mines with smaller mills and re-built infrastructure is proving profitable for many juniors. However, I do not want to leave readers with the impression that this is the only “treasure” being uncovered in the Mexican Mining Industry.

    Mexico is very mining friendly. They have reasonable environmental laws and are consistent in their assessments and permitting. Mexico’s long history of mining has produced a large labor force that is very talented. Labor costs are reasonable and foreign ownership of Mexican Mines is widely accepted. Social programs are helping to cement local relations and stimulate the economy. Several junior companies have recently discovered and are developing some very productive and profitable mines in Mexico.


    One of my favorites is Gammon Lake Resources (AMEX: GRS - News). Gammon Lake discovered a significant gold/silver deposit in the Ocampo District in 1998. Production at Ocampo began in 2006, and after a few problems with metallurgy, is now in full commercial production. What is especially impressive about GRS is that in only 8 years they went from initial discovery to becoming Mexico’s largest gold producer.


    The Ocampo Mine is an excellent example of the extraordinary potential of newly developed mines in Mexico. Ocampo is located in the Northern Sierra Madres in the State of Chihuahua. Historically, Chihuahua is probably the most under-explored states in Mexico. What makes Ocampo particularly attractive is that it is actually two mines, an open pit heap leach operation and a very high grade underground mine with a mill and flotation system. Recovery rates at both mines are extremely high.


    The open pit mine has high grade veins that average as much as 19.7 GOE per ton as well a low grade overburden. Even the overburden pays to be mined, so Ocampo has literally no waste rock. In addition, the highest grades from the pit are taken to the mill where recoveries are 96% for gold and 93% for silver. Conversely, the lower grades from the underground mine are taken to the leach pad. The Ocampo silver ore is a silver sulfide, which is cyanide-soluble. This results in extremely high recovery rates for silver. This efficient operation allows GRS to maintain cash costs at under $200 per gold equivalent ounce.


    The feasibility study, released in 2004, indicated production for the first several years of 170,000 ounces of gold and 6MM ounces of silver. However, 2007 production is now estimated at 200,000 oz gold and 10MM oz silver. The underground mine currently is out-producing the mill. The stopes are much longer than originally estimated. Plus a second underground mine is already being added this year. By adding a filter press, for $2.4MM, 2008 production will grow to 240,000 oz gold and 12MM oz silver. Next year, they will add 3 new leach tanks and increase 2009 production to 280.000 oz gold and 15MM oz silver. Mine life has grown from 7 years in the Feasibility Study to over 13 years today. Resources continue to grow as GRS drills the property. Total resources are now 8MM ounces of gold and 400MM ounces of silver. While about half of these are inferred resources, they are already mining one vein of inferred mineralization and seeing grades averaging 11.5 GOE per ton. Only about 30% of the Ocampo District has been drilled.


    The infrastructure at Ocampo is state of the art. They have their own power plant and a modern hotel for workers. Ocampo is already one of the largest and most profitable precious metal mines in Mexico. Steven Saville, of TSI, likens it to Goldcorp’s Redlake Mine which is considered the highest grade gold mine in the Americas.


    Gammon Lakes also owns the El Cubo mine. El Cubo was acquired through the Mexgold merger last year. GRS has increased production by 100% since 2005 and more improvements are on the way. Recent drilling results indicate that the El Cubo complex will see significant resource increases and may validate an open pit operation. Production for 2007 should be 83,000 GOE growing to over 132,000 GOE by 2009.


    Overall production is projected to grow, organically, about 50% from 420,000 GOE in 2007 to over 610,000 GOE in 2009.


    GRS also has a very promising prospect at Guadalupe y Calvo. This is a historic mine where grades were so high that the Mexican government erected a mint right at the mine-site. The Company has really not focused on this project since the Mexgold merger as they have been concentrating most of their drilling dollars at Ocampo and El Cubo. But this very rich district has been underexplored and historic mining always stopped at the water table.


    April 2007 was a very busy month for GRS. Early in the month, the Company announced the appointment of Richard Barwick as the the CEO. Barwick is a seasoned veteran with 33 years of experience. Most recently he was COO of Wheaton River-Goldcorp. This news was followed by the announcement of a $200MM secondary offering. The Company issued 10MM new shares at $20 (Canadian) with no warrants or other incentives. The funds will be used to payoff the Ocampo debt (about $132MM0 and speed up the improvements at Ocampo/El Cubo. This will accelerate production growth at least 6-8 months, according to the Company. This means that GRS could be producing close to 50,000 GOE per month by late 2008 or early 2009.


    At today’s price of $16, Gammon Lakes is selling at 13 times 2007 earnings and 12 times cash flow. They were one of the companies I highlighted in my report titled “Gold Stocks Earnings to Shine in 2007”. While the majors struggle with declining production and skyrocketing costs, there are selected mid-tier producers, such as Gammon Lake Resources, that offer extraordinary fundamental value.


    GRS is a solid core holding in my portfolio with a 12 month price target of $26 per share.


    GRS 1-yr chart




    http://biz.yahoo.com/ccn/070503/200705030388255001.html?.v=1


    Yahoo!My Yahoo!Mail Make Y! your home pageYahoo! SearchSearch:Welcome, tschonko
    [Sign Out, My Account]Finance Home -Help


    Home InvestingMarket OverviewMarket StatsStocksMutual FundsETFsBondsOptionsIndustriesCurrencyEducationNews & OpinionMarketsInvesting IdeasSmall BizExpert AdviceSpecial EditionsCompany FinancesProvidersPersonal FinanceBanking & BudgetingCareer & WorkCollege & EducationFamily & HomeInsuranceLoansReal EstateRetirementTaxesHow-to GuidesGet QuotesSymbol LookupFinance Search


    Press Release Source: ECU Silver Mining Inc.



    ECU Silver Announces New Development and Drilling Results in the Mineralized Corridor at Santa JuanaThursday May 3, 10:30 am ET
    Highlights: ECU has confirmed large packages of veins within the Mineralized Corridor.



    TORONTO, ONTARIO--(CCNMatthews - May 3, 2007) - Mr. Michel Roy, Chairman and CEO of ECU Silver Mining Inc. (TSX VENTURE:ECU - News) is very pleased to announce new development and drilling results from the Santa Juana area of the Velardena Project in Mexico. These results have had a positive and significant impact to the Company's progress in the evaluation of the Mineralized Corridor (MC) as first announced on December 18, 2006.

    Today's results strongly suggest that certain vein packages within the MC have grade profiles that are comparable to the corresponding narrow veins at Santa Juana as previously reported in the Company's N.I 43-101 in October 2006. However, equally important is the vein packages have significant widths which are essentially up to 24 times that of the narrow veins. This suggests that the vein packages are potentially amenable to bulk mining applications. However, the reader should be cautioned that until a pre-feasibility study is complete there can be no assurances of this happening.............................den letzten Satz kennen wir schon! :D

    gutso,
    und genau da liegt ein Problem von Sterling.


    Geht man auf die Homepage und gibt share structure ein, dann kommt man auf diese Seite.
    http://www.sterlingmining.com/s/ShareStructure.asp


    geht man da auf den angegebenen link, kommt man hierher:


    http://www.columbiastock.com/
    da geht es nur mit Registrierung weiter.


    Da fühl ich mich verarscht.... :D


    Gut mn müsste im Jahresbericht nachschauen, aber ich bin ja nicht Aktionär.


    Bei anderen Companies geht es ja auch klaglos.


    Grüße
    Tschonko


    Du lässt die Hasen sausen und schreist dann wie der Igel:
    Ich bin schon da....! :D
    Soviel zu: Ich bin schon im Zelt

    Hallo gutso,
    und was ist jetzt mit der share structure?
    Wieviel haben die aktuell heraußen? (29 od. 40?)


    So gefräßig ist HL auch nicht.
    Da gab´s nichts zu Versäumen, die haben woanders gutes Geld gemacht, compadre........ :D


    Genau zu ILDM.PK schrieb ja gestern Szabo. Pflichtlektüre für dich!


    Grüße
    Tschonko


    Szabo von gestern auszugsweise:


    My core, long-term silver portfolio continues to be fully invested and I am still looking for attractive targets to acquire for the medium term. Quite a few silver stocks are on sale at these prices and frankly this is probably not a bad place to accumulate as long as you recognize the distinct possibility that a serious correction may require holding your position for 6 to 18 months before being able to take a profit big enough to justify the risk. This may be a far-from-perfect entry point, especially for a short-term trade, but it might turn out to be the best one under the circumstances.



    Unfortunately, I haven't had the time to report on the recent news and developments at silver companies but I plan to rectify the situation especially if the perfect buying opportunity presents itself. In the meantime, I will try to drop a few snippets here and there, such as this one:



    Independence Lead (ILDM.PK) just announced a management-only private placement (insider buy) along with a 10% stock dividend purported to be an attempt to clean up the shareholder ledger in anticipation of a future declaration of cash dividends. However, there might be another reason why the shareholder ledger could be in need of a cleanup: a major shareholder vote. A vote for what? Well, I can't think of anything other than an acquisition (in this case, Independence being acquired). In such an event, the restricted shares recently purchased by insiders would be immediately freed up; otherwise, such shares will most likely remain restricted for 3 years.



    And just who would buy a company listed on the Pink Sheets with no current revenue and no mining or exploration plan? For one, a little outfit by the name of Hecla, which currently produces several million ounces of silver subject to a lease from Independence. The royalty is approximately 18% of profits but will not be paid until all project development costs have been recovered, which looks to happen in the next year or two, if not sooner. At that point, Hecla will have to pay Independence 18% of its profits from an operation constituting roughly 25% of its worldwide production. Independence, in turn, has previously indicated to shareholders that it will distribute as cash dividends all of the royalties that it might receive.



    Unless, of course, Hecla wishes to "capitalize" the royalty by acquiring Independence lock, stock and barrel. This would essentially allow Hecla to amortize the royalty expense over a much longer timeframe, a benefit which would accrue in part to Independence shareholders via a higher buyout price. If not Hecla, there is of course any number of royalty companies such as Royal Gold, although currently Royal has its hands full with the acquisition of Battle Mountain Gold. And don't rule out Silver Wheaton, who could attempt to re-negotiate the royalty into something more akin to its own format.



    What has me excited about the possibilities is that I am not particularly enamored with the litigation antics of Independence management and I fully believe that a change of leadership or even of ownership would unlock a significant amount of locked-up value. How much? Well, let's consider that the royalty owed to Independence constitutes approximately 5% of Hecla's current production. Hecla has a $1 billion market cap (and a lousy 15 P/E), so one could argue that the Independence royalty should be "worth" at least $50 million to Hecla (before considering the aforementioned amortization benefit). That compares to a present market cap of $25 million for Independence. The 50% haircut is probably warranted at this point because the royalty will not be payable for at least another year, if not longer (or ever -- Hecla has been mining the property for almost 10 years and has never paid a royalty, which is the legal bone of contention between the two parties). To Hecla or another acquirer, however, now might be the perfect time to buy, if Independence is in fact for sale. Indeed, I would be surprised if this wasn't one of the reasons U.S. Silver (operator of the Galena mine acquired from Coeur d'Alene Mines) picked up a 5% stake in Independence a few months ago.



    Even if I'm wrong and the private placement and attempt to clean up the shareholder register are not signs of an impending buyout, these actions do at least mean that management has become a lot more confident about the royalty and/or their West Independence property (which is not currently under lease to Hecla), noting that the recent maneuvers have come on the back of a rare visit (see bottom of page 3) between Independence and Hecla management. The commencement of royalty payments would mean the transformation of Independence into a high-yield dividend play (over 10% at current prices) with excellent leverage to silver and base metal prices. Such a development would undoubtedly support a doubling or even tripling of the share price in the next year or two, even if silver goes nowhere. On the other hand, please don't forget that Independence is a Pink Sheet company with very poor share liquidity.


    [I currently don't own shares of Independence, but may look to buy as a medium-term position after conducting further due diligence].

    Und weiter geht´s!
    So vieeeel Land!



    Garibaldi Extends District Scale Acquisition Strategy Into Durango State and Expands Hyperspectral Survey
    Wednesday May 2, 9:00 am ET


    VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--May 2, 2007 -- Garibaldi Resources Corp. (the "Company") (CDNX:GGI.V - News) is pleased to announce the acquisition of another district scale, Sierra Madre exploration project to add to its portfolio of Mexican projects. Garibaldi now controls seven regional scale projects totaling over 4,000 square kilometers.


    ADVERTISEMENT
    click here
    The new Sianori concession was acquired by staking and consists of a 65,513 hectare concession application situated in north western Durango State. The project adjoins Great Panther Resources Topia Project and is located approximately 30 kilometers northwest of Chesapeake Gold's Metates Project and Penoles La Cienega Mine. Metates is a very large, low grade gold/silver deposit previously drilled by Cambior Inc. In 1996, Independent Mining Corp. of Tucson Arizona estimated tonnage and grade at 492 million tonnes at 0.74 g/t gold and 18.2 g/t silver, however, this estimate predates NI 43-101 and cannot be relied upon. A concession map showing the location of the Sianori concession is attached to this release.


    Like many of the other major projects in the Sierra Madre the concession covers an extensive erosional window in the Upper Level volcanic rocks and hosts numerous, historic, epithermal vein style, gold, silver and base metal occurrences. More importantly, however, is the fact that recent government mapping (2000) indicates there are several large zones of hydrothermal alteration within the concession area, some of which were sampled by the Consejo Recursos Minerales "CRM" (Mexican Geological Survey) and reportedly contain anomalous gold and silver values.


    Management believes these large alteration zones have seen little if any prior exploration work and that they represent excellent potential for both lower grade, bulk tonnage and vein style, high grade epithermal targets. According to Chesapeake Gold, Metates is the largest undeveloped low grade gold deposit in Mexico. On the southern boundary of the concession application Aurelio Resources have identified extensive hydrothermal alteration zones containing elevated gold values on their 1,000 hectare Gavilanes project and are planning a drill program to test the bulk tonnage potential of this zone in 2007.


    The Sianori concession will form part of the upcoming fixed wing hyperspectral survey described in the Company's news release dated March 22, 2007.


    GARIBALDI RESOURCES CORP.


    Steve Regoci, President


    To view the map showing the location of the Sianori concession please click on the following link: http://www.ccnmatthews.com/docs/ggi0502.pdf



    The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release


    Contacts:
    Garibaldi Resources Corp., Steve Regoci, President
    (604) 488-8828
    (604) 488-8871 (FAX)
    Website: http://www.garibaldiresources.com

    Hallo,
    endlich wieder mal eine interessante Diskussion!


    Der Verweis von gutso auf die 05 Diskussion. da sollte man auch Seite 7 lesen!


    Shares: will nachschauen auf der homepage, weil mir die Zahlen so nicht gekläufig sind.
    Was seh ich?
    Dieses und da bin ich verärgert:
    http://www.sterlingmining.com/s/ShareStructure.asp


    Damals waren 20 mille heraußen, 20 wurden genehmigt.
    Wurden die schon alle gebraucht?
    9 Mille weiß ich, dass weg sind


    Ich finde, er muss das tun. Heisst ja nicht, sie auch zu beanpruchen.
    Anfang des jahres hat schlicht das Geld gefehlt, bei der einen Mine zuzuschlagen.
    Sie hatten ja soeben das Geld an Formation capital zu bezahlen.
    Extrem wichtiger, wenn auch teurer Kauf.


    Vergessen sollte man nicht, dass ja das Eingekaufte auch einen Wert hat.


    Sterling wird hier nie Platzhirsch werden.
    Das ist und wird Hecla bleiben. Und die haben so richtig Kohle zur Zeit.


    Siehe auch Bericht von Tom Szabo von gestern!
    http://www.silveraxis.com


    Ich finde, de Motte hat 2006 einen sehr guten Job gemacht.


    Aber die paar Jahre vorher! :D :D


    Und das wird ihm die nächsten paar jahre noch von Zeit zu Zeit um die Ohren fliegen (siehe Moriarty!)


    Schauen wir uns halt mal das nächste Financing an!
    dann weiß man Bescheid!
    Das letzte war ja besch..eiden!
    Confidential war meine Name....... :D


    Grüße
    Tschonko

    Yale and Impact Finish Phase One Drill Program at Zacatecas
    Tuesday May 1, 12:53 pm ET


    VANCOUVER, BC--(MARKET WIRE)--May 1, 2007 -- Yale Resources Ltd. (CDNX:YLL.V - News) (Frankfurt:YAB.F - News) is pleased to announce the Company has been informed by the operator, IMPACT Silver Corp. (IPT-V), of the completion of the initial drilling program at the Zacatecas Venture in Mexico. The program consisted of 16 diamond drill holes totalling 1815.75 metres. A total of 299 samples (including blanks and standards) have been sent to the lab and results will be reported when received and interpreted.


    Mina San Jose:


    Four holes totalling 501.25 metres were drilled to test approximately 230 metres of strike length of the vein zone. The holes successfully tested the system at a vertical depth of 60 to 75 metres. Mineralization appears to be associated with a 2 to 4 metre wide structural zone that hosts disseminated and stringer pyrite with associated patchy base metal sulphides and possible sulphosalts.



    Salvador/Zacatecas:


    Twelve holes totalling 1,314.5 metres were drilled on the contiguous Salvador and Zacatecas properties. The holes tested approximately 300 metres of strike length of the Salvador Vein and 200 metres of strike length of the parallel Zacatecas Veins.


    Mineralization within the Salvador Vein was tested with seven holes. Five holes reached their intended targets while two holes were lost due to poor ground conditions. The Salvador Vein is a quartz-calcite vein with associated pyrite, sphalerite and galena and has several metres of stringer zone in the footwall. The vein is part of a broad structural zone that continues to depth and drilling tested this zone to depths of up to 110 metres.


    The Zacatecas Vein was tested with five holes. The main vein target was successfully intersected along with previously unknown stringer zones. The main vein appears to be a vein set -- on one section holes were drilled in two directions to better understand the vein geometry. Mineralization within the Zacatecas veins is more coherent than the Salvador Vein and has more visible sulphides.


    Edward Lyons, P.Geo, is the Qualified Person, according to NI 43-101, for the Zacatecas Venture and has reviewed this news release. All samples have been shipped to the ALS Chemex preparation laboratory in Guadalajara (Mexico) and the pulps will then be shipped to the ALS Chemex laboratory in North Vancouver, Canada.


    On behalf of the Board,



    "Ian Foreman"
    Ian Foreman, P.Geo.
    President

    @fuchs,
    am 1. Aprül schickt man den Esel in die Mühl.......


    Die haben sich wohl gewundert, dass im April nichts war und haben sich freiwillig ins Heu begeben.......
    Wenn man sich FR heute anschaut (Minihandel) werden sich einige beißen wollen...


    Nugget,
    30 mille ist gewaltig. Was haben die vor?
    Nur zum produktion rauffahren brauchen die nicht so viel.


    Vielleicht ssieht man da was?


    http://www.silvereaglemines.com/map.php


    [Blockierte Grafik: http://www.silvereaglemines.com/map.php]


    Bring das Bild nicht rein!!!


    Die Vision von Silver Eagle:


    "To create an Americas focussed, multi-mine, mid-tier silver producing company."




    Impact und Yale:
    Rechne mit den Ergebnissen Mitte Juni.


    http://biz.yahoo.com/iw/070501/0246554.html


    Yale and Impact Finish Phase One Drill Program at Zacatecas
    Tuesday May 1, 12:53 pm ET


    VANCOUVER, BC--(MARKET WIRE)--May 1, 2007 -- Yale Resources Ltd. (CDNX:YLL.V - News) (Frankfurt:YAB.F - News) is pleased to announce the Company has been informed by the operator, IMPACT Silver Corp. (IPT-V), of the completion of the initial drilling program at the Zacatecas Venture in Mexico. The program consisted of 16 diamond drill holes totalling 1815.75 metres. A total of 299 samples (including blanks and standards) have been sent to the lab and results will be reported when received and interpreted.



    UC Resources mit einer Meldung zu dem zugekauften Ontario Gebiet.


    http://biz.yahoo.com/ccn/070501/200705010387641001.html?.v=1
    UC Resources' Update on McFauld's VMS Project in Northern Ontario

    FR.V: gestern in D über 1,3 Mille gehandelt.
    In Kanada nicht ganz 600000.
    Da haben sich gestern schon einige selbst in den 1. Mai geschickt.


    (Am 1. Mai schickt man traditionell den Esel ins Heu (Hei)


    Grundsätzlich sollte man skeptisch sein, wenn in D mehr Handel als an der Heimatbörse ist.
    Außer man weiß, was gespielt wird... :D
    Waren ja einige Börsenbriefe in D beteiligt.


    Miners day in Leoben (Ö). Fährt da wer hin?
    FR.V ist auch vertreten u.a.


    SEG.TO: hab keine Meldung (trading halt) gefunden, die diesen rechtfertigte. Vielleicht ein Financing??


    Grüße
    Tschonko

    Eine für die Ausrichtung der company sehr wichtige Meldung war die vom 11.4.07:



    http://biz.yahoo.com/ccn/070411/200704110383640001.html?.v=1


    IMPACT Silver Announces Property Acquisitions in Zacatecas


    VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - April 11, 2007) - IMPACT Silver Corp. ("IMPACT") (TSX VENTURE:IPT - News) is pleased to announce that it has acquired two new concessions in the Zacatecas Silver District of Mexico. The Nueva Granada and Asturiana acquisitions are for 100% interests in each concession with no underlying royalties.


    The concessions cover most of the Nueva Granada vein which is part of the Veta Grande vein system. Historically, the Zacatecas Silver District has produced over 1 billion ounces of silver and the Veta Grande vein system was the largest producer in the district. Past production figures from the Nueva Granada vein are not available, but old plans indicate that it was mined along a length of 700m and to a depth of 150-200m.


    In addition, the concessions contain about 30,000 tonnes of old mine dumps. In 2003, it was reported that 12,000 tonnes from these dumps were processed, returning an average grade of 220g/t silver. This material was processed in the Veta Grande plant, which IMPACT controls through an option to purchase agreement.


    IMPACT management is pleased to have added these two key historic concessions to its property holdings in Zacatecas. With these purchases, IMPACT now controls 17 concessions in the Zacatecas area, continuing its strategy of building its portfolio of properties to provide future mineral supplies to feed the Veta Grande plant.


    George Gorzynski, P. Eng., a Qualified Person under the meaning of Canadian National Instrument 43-101 and Vice President, Exploration of IMPACT Silver Corp., is responsible for the technical content of this news release.
    IMPACT Silver Corp. is a profitable Tier 1 silver exploration and mining company with two producing silver mines at Zacualpan, Mexico; a portfolio of advanced-stage silver project at Zacatecas, Mexico; the 200 km2 Mamatla silver district in Mexico; and, other projects in the Dominican Republic. Energold Drilling Corp. (TSX VENTURE:EGD - News) owns 6.6 million shares of IMPACT.
    On behalf of the Directors of IMPACT Silver Corp.,
    Frederick W. Davidson, President, CEO



    aber auch die vom 28.2.:


    http://biz.yahoo.com/ccn/070228/200702280375383001.html?.v=1


    die ist sehr lang und ausführlich mit Tabellen.
    Aber wichtig!


    IMPACT Silver Acquires 200km2 Mining District in Mexico
    Wednesday February 28, 12:35 pm ET



    VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Feb. 28, 2007) - IMPACT Silver Corp. ("IMPACT") (TSX VENTURE:IPT - News) is pleased to announce that it has been awarded a 100% interest in the 200km2 Mamatla Mining District through an 'invitation only' auction held by the Mexican Geological Survey. IMPACT's winning bid was US$200,000 payable over two years plus a 1% NSR production royalty payable to the Mexican Geological Survey. Mamatla is IMPACT's third district-scale project. It is located immediately southwest of and adjacent to IMPACT's Royal Mines of Zacualpan Silver Project and production facilities in central Mexico. This acquisition increases IMPACT's mineral concession holdings in the region by 160% to a total of 325km2.

    The Mamatla Project is host to both epithermal vein systems and volcanogenic massive sulphide (VMS) deposits. IMPACT's initial interest lies in the silver and gold epithermal vein systems which were not the primary focus of past exploration work.


    The VMS mineralization known at Mamatla varies from copper and gold rich systems to zinc, lead, gold and silver rich systems. The Mamatla project covers the same stratigraphy as the Campo Morado VMS belt where Farallon Resources has announced a production decision on the G-9 VMS deposit (5.57 million tonnes grading 7.3%Zn, 1.0%Pb, 1.3%Cu, 186g/t Ag and 2.8g/t Au). The G-9 VMS deposit is located along trend 45km southwest of Mamatla.


    In the 1990s, Valerie Gold Resources carried out extensive VMS exploration on the eastern half of the Mamatla district. Later, TVX Gold Inc. carried out a small exploration program on a limited part of the area for bulk tonnage epithermal precious metal deposits. This exploration identified over 70 VMS and epithermal prospects including many old mine workings. Some of the main prospects identified are Aurora I, Aurora II, Capire, Sara Ridge, Velixta, Yerba Buena, Tlanipla, Los Mantos, and Cruz Blanca. A major difference between IMPACT's plans for the Mamatla Project and those of Valerie Gold in the 1990s is that IMPACT owns and operates the 500-tonne-per-day (tpd) Zacualpan processing plant within trucking distance of several of the Mamatla deposits and prospects, which significantly lowers the economic threshold for potential future production decisions.


    HISTORIC EXPLORATION RESULTS - VMS ZONES


    Aurora I is a VMS deposit that in part appears to have been overprinted by epithermal silver mineralization. In the auction bid document publicly released by the Mexican Geological Survey, the Aurora deposit is described with an indicated resource of 194,000 tonnes grading 1.28g/t gold, 180g/t silver, 2.13% lead and 4.45% zinc. Some past drill highlights include:.......................................................usw.

    EXPLORATION UPDATE ON CONRAD SILVER,
    TOOLOOM GOLD AND MT ISA REGION COPPER


    SUMMARY:
    · SILVER: MORE ENCOURAGING ASSAY RESULTS AT CONRAD
    · GOLD: DRILLING COMMENCED AT PHOENIX
    · COPPER: FIELD WORK AT VOLGA ELDERBERRY & MT LIDSTER


    Malachite Resources NL (ASX: MAR) advises that:
    1. The next batch of assay results for the current infill delineation drilling program at the
    Conrad Silver Project has been received;
    2. Drilling has commenced at the Company’s Tooloom Gold Project, testing several
    targets at the Phoenix Prospect;
    3. Field work is now underway at the Mt Lidster and Volga Elderberry Copper prospects,
    near Mt Isa.



    CONRAD – The latest results are for holes CMRD28A, CMRD32 and
    CMDD33 and are consistent with results reported recently for the first
    assay batch. Details of the drilling are set out in Tables 1 and 2 (see
    Appendix) and Figure 1 below shows the drill hole locations.


    The key points are:
    CMRD28A: This hole is a re-drill of CMRD28 to provide better core
    recovery through the King Conrad Lode and intersected
    7.5m (138-145.5m) @ 64g/t Ag, 0.1% Cu, 1.4% Pb, 0.6% Zn & 0.1% Sn [230g/t AgEQ]1
    through the lode and adjacent vein zone, including
    0.4m (139.9-140.3m) @ 583g/t Ag, 1.2% Cu, 12.1% Pb, 1.3% Zn & 1.2% Sn [1,849g/t AgEQ]
    through the King Conrad Lode itself.
    CMDD32: This hole was drilled to close-off the King Conrad Lode at its northwestern end and
    returned no significant assays, confirming termination of the lode.
    CMDD33: This hole went through a void for 3.3m where the King Conrad Lode has been
    mined out then intersected
    1.8m (42.4-44.2m) @ 115g/t Ag, 0.1% Cu, 3.2% Pb, 0.7% Zn & 0.2% Sn [404g/t AgEQ]
    in the adjacent vein envelope zone. That result is encouraging, given that the best part of the
    King Conrad Lode has already been mined in this position.
    CMDD33 also penetrated the Greisen Zone, resulting in an intersection of
    58.7m (138-196.70m) @ 26g/t Ag, <0.1% Cu, 0.7% Pb, 0.8% Zn & 0.1% Sn [158g/t AgEQ].
    The Greisen Zone intersection included
    0.4m (141-141.4m) @ 418g/t Ag, 0.4% Cu, 8.2% Pb, 1.0% Zn & 0.7% Sn [1,176g/t AgEQ] and
    0.3m (146.9-147.2m) @ 1,660g/t Ag, 1.7% Cu, 24.2% Pb, 0.6% Zn % 2.1% Sn [3,800g/t AgEQ]
    in narrow massive sulphide lodes (which are quite separate from the Conrad and King Conrad
    Lodes) and represent significant grade “sweeteners” within this Zone.
    1 Silver equivalent values quoted [g/t AgEQ] are calculated according to metal prices listed in Note 1 of Table 2.
    Malachite Resources NL – Exploration Update
    2
    The drilling program at Conrad has undergone a short hiatus while the multi-purpose rig used
    to date is relocated to Tooloom and the small footprint diamond core only rig, currently at
    Tooloom, is moved to Conrad. Drilling is expected to resume late this week and the next
    batch of assay results for Conrad is expected in about two weeks.



    TOOLOOM – The first drilling since the inception of the Newmont
    Farm-In in mid 2006 has commenced at the Phoenix Prospect. An
    existing hole at Phoenix 1 (PHRD07) is being deepened by diamond
    core drilling and two or three reverse circulation percussion holes are
    to be drilled near a previous anomalous hole (PHRC05) in the
    eastern part of Phoenix 1.
    The new program at Tooloom will also include initial reconnaissance
    drill holes at the promising Phoenix 2 and Phoenix 3 geophysical
    targets, located under younger rock cover in the central and northern part of the 5 x 4.2km
    Phoenix Complex.


    MT ISA REGION – With the arrival of the dry season field work has
    now commenced at Malachite’s two copper properties located to the
    east of Mount Isa in tropical northwest Queensland. Access and
    logistical support are being established prior to undertaking a
    geophysical survey, utilizing a state-of-the-art electromagnetic
    technique. This will help define targets for follow up drilling at both Mt
    Lidster and Volga Elderberry later in the year. Regional geological
    mapping and reconnaissance geochemistry will also be carried out,
    particularly in the outlying parts of the large Volga Elderberry property.


    For further information please visit the Company’s website:
    http://www.malachite.com.au


    http://sa.iguana2.com/cache/95…757a3e/ASX-MAR-454807.pdf