Beiträge von RohstoffBulle

  • Galway Metals/ GWM (TSX-V)

    www.galwayresources.com
    [Blockierte Grafik: http://www.galwayresources.com…t2007/GalwayResources.jpg]


    Chart:
    http://bigcharts.marketwatch.c…gwy&freq=1&time=6&x=0&y=0


    Corporate Overview:


    Galway Resources is a well capitalized company, primarily focused on the exploration of gold and coal in Colombia. The company holds a significant land package in California's Colombia Gold Trend. The properties are located less than 1 kilometer south-west of Ventana's La Bodega project, and 3 kilometers from Greystar's Angostura project, and are along strike. Prodeco (Colombian subsidiary of Xstrata) signed an agreement with Galway, whereby they will fund the all drilling at the GALCA coal project. Drilling is expected to begin in early November 2009. Galway has engaged John Tumazos of Very Independent Opinion to commercialize the Victorio molybdenum-tungsten project located in south-western New Mexico, USA.


    ----


    Source: Junior Mining Weekly, 4 August 2009
    http://www.minesite.com/filead…st_09/ZerbReportAug09.pdf


    Name und Kürzel geändert
    5.22 Edel

  • Junior Mining Weekly - exzellentes Research zu Minen-Explorern

    ich habe einige ausgaben des "Junior Mining Weekly" (Canaccord Adams) vorliegen, exzellentes material zu minenaktien.
    in der publikation werden hochinteressante explorer vorgestellt, viele der hier im forum diskutierten unternehmen wurden dort schon frühzeitig behandelt.


    ich bin auf der suche nach einigen älteren ausgaben und wäre über tipps, wie ich an diese komme sehr dankbar!
    zählt jemand zu den abonnenten oder steht dort auf der mailingliste und kann mir weiterhelfen?

  • Jinshan Gold Mines / JIN (TSX)

    Oct 19, 2009 08:30 ET



    Jinshan Achieves Another Record for Gold Production at Its CSH Gold Mine in China



    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 19, 2009) - Jinshan Gold Mines Inc. (TSX:JIN) is pleased to provide an update on the operations at its CSH Gold Mine in Inner Mongolia, China.
    For the month of September 2009, Jinshan poured 11,388 ounces of gold, which is a record high since the company commenced production in July 2007. This exceeds the previous production record of 8,525 ounces achieved in August 2009, and exceeds the design expectations of 9,000 ounces per month. Gold production has been steadily increasing this year from approximately 6,900 ounces in April 2009. The record gold production has been achieved with increased mining output, better control on the ROM ore grade, reduced ROM ore particle size placed on leach pad exposing more surface area to leaching and increased leach solution irrigation flow rate.
    Jinshan has also completed installation of a 30,000 tonne per day crushing facility and has been test running such facility since mid-August 2009. The throughput is gradually ramping up and Jinshan expects the crushing plant to reach the designed capacity in the first quarter of 2010, which is expected to substantially increase the gold production from current levels.
    A total of 60,063 ounces of gold were poured in the first nine months of 2009, compared to approximately 42,160 ounces for the same period in 2008.
    About Jinshan
    Jinshan is a mining company whose principal asset is the CSH gold mine located in Inner Mongolia, China. Jinshan's shares are listed on the Toronto Stock Exchange under the symbol JIN. China National Gold Corporation, the largest gold producer in China, owns approximately 41% of Jinshan's shares.
    Forward-Looking Statements: Statements in this release that are forward-looking statements, including the statement regarding the amount and timing of an increase in production capacity of the crusher to design capacity and the corresponding increase in gold production, are subject to various risks and uncertainties concerning the specific factors disclosed under the heading "Risk Factors" and elsewhere in the company's MD&A, financial statements and other periodic filings with Canadian securities regulators. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. The company does not assume the obligation to update any forward-looking statement, except to the extent required under applicable securities laws.
    For more information, please contact
    Jinshan Gold Mines Inc. - Investors
    Jerry Xie
    +1.604.609.0598
    info@jinshanmines.com
    www.jinshanmines.com

  • Novagold Resources / NG (TSX, AMEX)

    PROJECTS REQUIRE EXTERNAL FINANCING



    Despite C$51.4m loss, NovaGold consider Rock Creek start-up


    While
    NovaGold's Donlin Creek and Galore Creek projects are in a holding
    pattern, the company is pondering the possibility of re-starting its
    Rock Creek project.


    Author: Dorothy Kosich


    Posted:
    Wednesday
    ,
    14 Oct 2009




    RENO, NV -


    Although
    NovaGold reported a C$51.4 million loss for the first nine months of
    this year, the Vancouver-based junior said it is "currently examining
    the potential to recommence the start-up process at the Rock Creek
    project."


    Nevertheless, the company cautioned it will need "external financing
    to develop and construct its properties and to fund the exploration and
    development of its other mineral properties in future years."


    For the nine-month period ended August 31, 2009, the company
    reported a net loss of $51.4 million or negative 30-cents per share
    compared to net earnings of $2.6 million or 2 cents/sh for the same
    period of last year. For the third quarter of this year, the company
    reported a net loss of $18.1 million or negative 10-cents/sh, compared
    to net earnings of $1.6 million or 2-cents/sh for the third-quarter
    2008.


    In its property review section of its financial statement, the
    company said $23.8 million was spent for geotechnical drilling for the
    location of mine facilities, environmental baseline data collection,
    pre-permitting community advisory meetings and various optimization
    studies at its Donlin Creek gold property in Alaska. NovaGold
    contributed 50% toward the expenditures.


    The Galore Creek Mining Corporation is considering a more aggressive
    spending program next year "to advance the project towards a
    construction decision," on the copper-gold-silver project in British
    Columbia, NovaGold said. During the first nine months of this year,
    joint venture partner Teck funded $10.4 million for a program primarily
    focused on roadwork.


    Expenditures at the Rock Creek gold project in Alaska for the first
    nine months of this year totaled $12.5 million, which were totally
    funded by NovaGold. A care and maintenance team is working to protect
    the infrastructure and investment on site to resume start-up activities
    should NovaGold decide to put Rock Creek back into production.


    NovaGold does not plan to commence development or construction at its Donlin Creek and Galore Creek projects this year.

  • Aquiline / AQI (TSX)

    bei um die 4 CAD hab ich verkauft. schade drum...


    Pan American Silver Corp. to Launch Friendly Offer
    for Aquiline Resources Inc.


    Pan American will add world class silver development project to its portfolio


    Aquiline shareholders receive 37% premium


    (Note: All currency figures are in CDN$, unless otherwise indicated)
    Vancouver, British Columbia – October 14, 2009 – Pan American Silver Corp. (“Pan American”) (TSX:PAA;
    NASDAQ:PAAS) and Aquiline Resources Inc. (“Aquiline”) (TSX:AQI) are pleased to announce that they have
    signed a support agreement (the “Support Agreement”) pursuant to which Pan American will make a formal
    take-over bid to acquire all of the issued and outstanding shares of Aquiline (the “Share Offer”).
    Contemporaneously with the Share Offer, Pan American also proposes to make formal take-over bids for each
    outstanding series of Aquiline warrants and the Aquiline convertible debenture (together, the “Convertible
    Security Offers”). The transaction value implied by all of the offers is approximately $626 million.
    The Share Offer will be made on the basis of 0.2495 of a Pan American common share, plus 0.1 of a Pan
    American common share purchase warrant for each Aquiline common share. Each of these warrants will
    entitle the holder to acquire one Pan American common share at a price of $35.00 per Pan American common
    share for a period of five years after the date on which Pan American first pays for Aquiline common shares
    tendered to the Share Offer (the “Five Year Pan American Warrant”). The consideration offered pursuant to
    the Convertible Security Offers will consist of replacement Pan American securities, exercisable to acquire
    Pan American common shares, with similar terms to the respective Aquiline securities, subject to an
    adjustment based on a 0.2495 exchange ratio.


    Based on the closing price of Pan American common shares on the TSX on October 13th, 2009 (and
    assuming a value of $0.81 for each 0.1 of a Five Year Pan American Warrant), the implied value of the Share
    Offer is $7.47 per Aquiline common share, which represents a premium of approximately 36.6% over the
    closing price of Aquiline common shares on the TSX on the same date, and a 62.0% premium to Aquiline’s
    10-day volume weighted average price. Aquiline shareholders will own approximately 19% of the enlarged
    Pan American.
    The Board of Directors of Aquiline, after receiving the recommendation of a special committee of independent
    directors, has unanimously determined (i) that the Share Offer is fair to Aquiline’s shareholders and is in the
    best interest of Aquiline, and (ii) to recommend that Aquiline shareholders tender their common shares to the
    Share Offer. BMO Capital Markets, financial advisor to Aquiline, has delivered a fairness opinion to the Board
    of Directors of Aquiline in connection with the Share Offer. Cormark Securities Inc. has also delivered a
    fairness opinion to the Board of Directors of Aquiline in connection with the Share Offer. The offers are
    conditional on the directors and senior officers of Aquiline entering into lock-up agreements with Pan American
    and agreeing to tender all of their Aquiline shares in support of the Share Offer. The Support Agreement and
    the transactions contemplated therein arose as a result of a review of strategic alternatives undertaken by
    Aquiline.


    .....
    Source:
    http://www.aquiline.com/SiteRe…release%2014-oct-2009.pdf

  • Lexam VG Gold / LEX,LEXVF (TSX,OTN)

    news zu VG gold,
    der kurs springt massiv in die höhe! aktuell 0,54 canadische dollar




    SOURCE: San Gold Corporation

    Oct 08, 2009 08:44 ET



    San Gold Acquires Advanced Stage Gold Properties in Timmins


    BISSETT, MB--(Marketwire - October 8, 2009) - Dale Ginn, CEO of San Gold Corporation is pleased to announce that San Gold has signed a Letter of Intent with Laurion Mineral Exploration Inc. to purchase all of Laurion's property interests in Tisdale Township, in the Timmins, Ontario mining camp in consideration of a payment to Laurion of $1,000,000 and 1,000,000 common shares of San Gold.


    The Tisdale Township properties consist of a 31.5% ownership in the Davidson-Tisdale gold deposit and a 100% interest in the North Tisdale property. The purchase of the Davidson-Tisdale will be outright and free of any royalty while Laurion will retain a 2% NSR on the North Tisdale property. A formal agreement will be entered into between Laurion and San Gold upon completion of standard due diligence, expected to take approximately 60 days. The remaining 68.5% of the Davidson-Tisdale deposit is currently owned by VG Gold Corp. Following a re-evaluation of prior work, San Gold intends to actively explore with the view to developing the Davidson-Tisdale deposit following the negotiation of a joint venture agreement with VG Gold Corp.
    Davidson-Tisdale Property
    Laurion currently holds a 31.5% interest in the 12 Davidson-Tisdale claims consisting 28 units (25 claims) covering approximately 1150 acres (465 ha) in Tisdale Township near the City of Timmins in the Porcupine Gold Mining Camp. The property is accessible via an all-weather road off of Crawford Street in South Porcupine and has been the subject of various exploration programs since 1911. Several shafts have been sunk on the property with a decline driven for 1,081 m and to a vertical depth of approximately 200 m.
    The property has an interesting history that has resulted in a valuable accumulation of technical information. Sporadic attempts at development took place in the early 1900s. Mining and processing of a 44,000 tonne bulk sample in 1988 produced 7,300 ounces of gold. The most intensive exploration program was carried out by Getty Canadian Metals and successor companies between 1984 and 1988 during which several mineral estimates were completed. A 1984 mineral estimate to a vertical depth of 200 m indicated 747,600 tonnes@ 12.39 g Au/t. and a 1987 estimate by Getty indicated 512,500 tonnes @ 16.53 g Au/t. The above grades and tonnages are considered historical, were recorded before the implementation of National Instrument 43-101, do not conform to current regulatory standards and should not be relied upon.
    A summary of NI 43-101 compliant mineral resource estimates for the Davidson-Tisdale deposit completed in 2003 by Geostats System International and in 2007 by P+E Mining Consultants was filed by VG Gold and is available on Sedar. More recently, exploration conducted by VG Gold (formerly Vedron Gold Inc.) during the period 2003 to 2005 consisted of 56 drill holes with a total of 12,138 meters.
    San Gold will also acquire a 100% interest in the 15 claims comprising the North Tisdale Property. The Tisdale Kinch Shaft Zone is reported to host historic exploration shafts and a number of gold bearing zones consisting of numerous quartz carbonate veins. The North Tisdale Property has seen very little exploration and is considered to be a very prospective grassroots exploration play in a prolific gold camp adjoining the advanced Davidson-Tisdale deposit.
    Dale Ginn, CEO stated: "This proposed acquisition is a valuable addition to our expanding exploration and development campaign in the Timmins gold camp. Our experience in the Rice Lake Belt of Manitoba has demonstrated clearly the potential for further discovery and expansion that is possible within stable and prolific gold producing greenstone belts."
    San Gold is an aggressive and successful gold mining and exploration company with mine and mill operations in the Rice Lake Belt of Manitoba, as well as a number of new high grade gold discoveries. San Gold has also accumulated a strategic portfolio of properties in the Timmins gold camp. San Gold's Timmins area exploration is being carried out under the supervision of John Boissoneault, P.Eng., the Qualified Person for these projects under National Instrument 43-101.
    For further information contact Dale Ginn, CEO of San Gold Corporation, at (204) 794-5818 or investor information at 1-800-321-8564 or visit www.sangoldcorp.com.
    The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

  • GOLDRICH MINING / GRMC (OTC BB)

    news kam heute rein,
    kurse



    Oct 08, 2009 10:51 ET
    Goldrich Concludes Successful Mining Test of Chandalar, Alaska Placer Gold Mine




    Goldrich Mining Company




    SPOKANE, WA--(Marketwire - October 8, 2009) - Goldrich Mining Company (OTCBB: GRMC) (the "Company") reports the successful completion of its 2009 alluvial gold mining test on Little Squaw Creek at its Chandalar property, located 200 miles north of Fairbanks, Alaska. The brief pilot program involved a full-scale mining test that produced 593.5 ounces of placer gold. The test mining yielded valuable mining and engineering data that will enable the Company to ramp-up the project into commercial production in the spring of the coming year. The mining objectives of the pilot operation were completely fulfilled.


    Overburden stripping of the Little Squaw Creek test mining site began on schedule in the last week of June. Approximately 20,000 yards of overburden were removed, and about 5,000 yards of it containing low gold values were processed through the gold recovery plant in an initial commissioning phase. The targeted mineralized material, or "pay zone," was exposed for mining by August 25th. Approximately 8,900 cubic yards from the "pay zone" were run through the plant from which 522 ounces of "raw" placer gold were recovered. Mining and processing operations were shut down for the season on September 12th with the onset of freezing conditions. Production details are shown in the table below.



    ..........


    Source:
    http://www.marketwire.com/pres…ning-Company-1057006.html



    daher der intraday-ausbruch!


    sieht sehr vielversprechend aus!

  • Andean Resources Ltd. (AND.AX, AND.TO)

    Andean Resources Ltd. is a dual listed company (ASX:AND) (TSX:AND), actively and aggressively exploring for gold resources in Argentina. The company is well positioned to become a mid-tier gold producer over the next two years as it commences production from its 100% owned Cerro Negro project.
    This high-grade, world-class deposit is located in the mining-friendly province of Santa Cruz, in southern Argentina, and contains a growing resource base of over 2.5 million ounces of gold. In order to expand its resource base and add to the future production profile, Andean is committed to ongoing exploration and building its resource inventory at the Cerro Negro project and, in the process, generating enhanced returns for its shareholders as a platform for future growth.



    ---------------
    Aktuelle Einschätzung zu Andean Resources Ltd.     [Blockierte Grafik: http://www.minenportal.de/bilder/minen/logos/834.jpg]Andean Resources Ltd. (AUS, Kurs 2,21 A$, MKP 892 Mio. A$) meldet für das Juniquartal (Märzquartal) Fortschritte bei der Erstellung der Durchführbarkeitsstudie für das südargentinische Eureka Projekt. Die Durchführbarkeitsstudie soll im Dezember 2009 abgeschlossen werden. Die Ressourcen (ohne inferred resources) des Projekts belaufen sich auf 1,4 Mio. oz. Dabei liegt der Goldgehalt bei 12,3 g/t und der Silbergehalt bei 179 g/t, so dass eine hochprofitable Produktion erwartet werden kann. Die Durchführbarkeitsstudie soll bis Ende 2009 (Juni 2009) fertiggestellt werden.


    Neben der bereits bekannten Ressource im Eureka Projekt konnte eine neue Vererzungszone mit einem Goldgehalt von 11,8 g/t über eine Bohrkernlänge im Bajo Negro Projekt bestätigt werden. Die Durchführbarkeitsstudie wird auf eine jährliche Produktion von etwa 200.000 oz ausgelegt. Dabei sollen die Nettoproduktionskosten bei unter 200 $/oz liegen. Zunächst wurde eine jährliche Produktion von 350.000 oz in Aussicht gestellt, die jedoch wegen der hohen Investitionskosten von 361 Mio. A$ auf etwa 200.000 oz reduziert wurde.


    Auf der Basis einer jährlichen Produktion von 200.000 oz erreicht die Lebensdauer der Ressourcen 7,0 Jahre, wobei erhebliches Explorationspotential verbleibt. Sollte Andean eine Gewinnspanne von 500 A$/oz umsetzen können, würde das KGV auf 8,9 zurückfallen.


    Am 31.12.08 (30.06.08) stand einem Cashbestand von 28,8 Mio. A$ (37,7 Mio. A$) eine gesamte Kreditbelastung von 2,9 Mio. A$ (6,5 Mio. A$) gegenüber. Am 15.07.09 konnten über eine Kapitalerhöhung von 56 Mio. Aktien zu 1,60 C$/Aktie etwa 100 Mio. A$ aufgenommen werden.



    Beurteilung:


    Andean präsentiert sich als erfolgreicher australischer Explorationswert. Positiv sind vor allem die hohen Gold- und Silbergehalte der Erze sowie das Explorationspotential. Negativ sind die ausstehende Finanzierung und die bislang noch kurze Lebensdauer der Ressourcen. Andean bleibt eine Halteposition.



    Empfehlung:


    Halten, unter 1,50 A$ kaufen, aktueller Kurs 2,21 A$, Kursziel 4,00 A$. Andean wird mit geringen Umsätzen in Frankfurt gehandelt (vgl. Kaufempfehlung vom 02.10.08 bei 0,90 A$ und Halteempfehlung vom 07.07.09 bei 1,75 A$).



    © Martin Siegel
    www.goldhotline.de