Beiträge von shadow

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March 05, 2010
Galway Reports Encouraging Results And Provides A Drilling Update For The California Gold Project

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Toronto, Ontario: March 5, 2010 - Galway Resources Ltd. (GWY: TSX-V) is pleased to report results of additional channel samples collected from the California gold project. The channel samples were collected during the recently completed sampling program in and around the historic Pie de Gallo open pit. A total of 149 channel samples were collected from the three levels of the El Dorado mine. Sampling was done across veins and structures. Average grade for all samples is 13.3 grams per tonne gold (g/t Au). Gold values range from trace to 516.5 g/t (16.6 ounces per tonne). See Figures 1 and 2.

"We are extremely pleased with the high-grade gold and silver samples being collected in the El Dorado area," commented Robert Hinchcliffe, CEO of Galway Resources. "The results are consistent with preliminary samples collected last year and strongly suggest that the gold mineralization in the Pie de Gallo open pit extends to the southwest. Equally important, we have taken proactive steps to get the drilling program back on track, the details of which are provided below."

Highlights include:
40.7 g/t Au and 752 g/t silver (Ag) in 135 square meters of silicified, brecciated, quartz vein stockwork (27 samples, 2.0m average channel sample width, structure is approximately 19m long by 7.1m wide).
29.0 g/t Au and 260 g/t Ag over a strike length of 8.9 meters (4 channel samples, 1.8m average channel sample width).
8.8 g/t Au and 72 g/t Ag over a strike length of 15.0 meters (8 channel samples, 2.0m average channel sample width).
Silver values ranged from trace to 3,980 g/t (128 ounces per ton).
California Drilling Update
In response to lower than expected drill production, Galway has taken proactive measures. The Company has engaged another drilling company with a man-portable drill which is on-site and drilling with much improved production. In addition, Galway has entered into an agreement with CABO, an international drilling company, to drill up to 30,000 meters in the California district. CABO is mobilizing the first man-portable drill to California. A second drill will be mobilized later in March. To date, five holes have been completed for a total of 1,200 meters in the Pie De Gallo pit. Assays are pending.

Initial channel sampling of the El Dorado mine, which occurred in 2009, was restricted to only one level of the mine. The earlier results include 9.2 g/t Au over 130 meters (contained in 68 samples), including 27.3 g/t over 20 meters along multiple stacked zones (refer to the August 11, 2009 press release for details). More recent follow-up channel sampling in the Pie de Gallo area was designed to be a more comprehensive program. Samples lengths were 0.8 to 2 meters, taken across veins and structures (see Figures 1 and 2). The mineralization at El Dorado is contained in dark grey, silicified breccia with pyrite, and minor sphalerite. As at the Pie De Gallo open pit, veining is generally running east-west and northwest-southeast, and dipping north in two sets at 40º and at 75º. Mineralization remains open in all directions.

The Company maintains a rigorous quality control program using repeat assays, inserted blanks, and the use of certified standards from an accredited Canadian laboratory. All rock samples were submitted to SGS in Medellin, Colombia, and assayed using standard fire assay with atomic absorption techniques at SGS's lab in Lima, Peru.

Review by Qualified Person, Quality Control and Reports
In compliance with National Instrument 43-101, Mr. Mike Sutton P.Geo., is the Qualified Person responsible for the accuracy of this news release. All samples were assayed by Metallic Screen test by SGS at its Callao, Peru minerals laboratory after preparation at the SGS preparation facility in Medellin, Colombia. The Company maintains a rigorous quality control program using repeat assays, inserted blanks, and the use of certified standards from an accredited Canadian laboratory.
True widths are 75% to 100% of sample widths.

http://www.galwayresources.com…Drilling-Update-For-The-C...

Kursexplosion: Yukon-Nevada Gold mit spektakulären Bohrergebnissen
04.03.2010 | 18:00 Uhr | Autor: Rainer Hahn
RTE Stuttgart - (http://www.rohstoffe-go.de) - Ein Kursplus von fast 17 Prozent verbuchen derzeit die Aktien der Yukon-Nevada Gold (WKN A0MVD1). Der kanadische Goldproduzent meldete gerade erst ausgezeichnete Bohrergebnisse von seiner Ketza River-Liegenschaft im Yukon, wo man bereits im kommenden Jahr die Produktion aufnehmen will.

Yukon-Nevada erhielt dabei die Ergebnisse von den Zonen Gold Flow, 3-M und QB im Shamrock-Gebiet sowie von den Zonen Hoodoo, Tarn und Break im Manto-Gebiet. Der Großteil der Bohrungen zielte darauf ab, die grenzen bekannter Vererzungszonen zu erweitern und neue Ziele zu untersuchen.

Am spektakulärsten sind dabei die Ergebnisse aus der Hoodoo-Zone. Von dort meldete Yukon-Nevada unter anderem einen Treffer mit einer Länge von 9,14 Metern, in dem 32,98 Gramm Gold / Tonne gefunden wurden. Auf einem Teilstück von 3,05 Metern innerhalb dieser Bohrung lag der Goldgehalt sogar bei 84,50 Gramm pro Tonne! Und eine weitere Bohrung auf Hoodoo erbrauchte einen Goldgehalt von 24,90 Gramm pro Tonne.

Aber auch die Ergebnisse der Tarn-Zone können sich sehen lassen: Hier wurden auf einer Länge von 6,09 Metern ein Goldgehalt
bla bla bla....

kein wort von verwässerung.... alles schön auf dem silbertablett servirt, den wölfen zum frass vorgeworfen.

zweifellos, YNG hat enormes potenzial, aber dieses rumgegurke im kurs.... momentan, nein danke.

Zitat

umkehr scheint geglückt, habe ebenfalls aufgestockt und bleibe dran. in solch einer situation darf man nicht verkaufen....

Jeder so, wie er will....

Ich habe am 22.2. den ganzen bestand verkauft. so ein gewinn lass ich mir nicht durch die lappen gehen.

bin hier erst mal aussen vor.

habe heute auch YNG gegeben für 0.285, EK 0.22...
wenns weiter raufgehen sollte, pech gehabt.

March 04, 2010
Yukon-Nevada Gold Corp. Intersects 3.05 Meters Of 84.5 G/T Gold At Ketza River Project

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Vancouver, BC -- March 4, 2010 -- Yukon-Nevada Gold Corp. (Toronto Stock Exchange: YNG; Frankfurt Xetra Exchange: NG6) is pleased to announce that it has recently received assay results for the remainder of the diamond drilling program conducted in 2008. The Ketza River property is wholly-owned by Yukon-Nevada Gold Corp. ("YNG") and is a past gold producer located near the town of Ross River, Yukon Territory, Canada.

YNG reactivated the Ketza River project camp in May 2009. Since that time the following exploration work has been carried out:
Logging, sampling, and assaying of the remaining diamond drill holes completed in 2008;
reconnaissance mapping and surface rock-chip sampling on outlying targets;
geophysics;
drill targeting and diamond drilling;
historical drill hole data verification; and
geological modeling to support a new resource estimation.
Results were received from the Gold Flow, 3-M and QB zones in the Shamrock area and from the Hoodoo, Tarn and Break Zones in the Manto area. Most of the drill holes were targeted to expand the margins of known mineralized zones and to explore new targets. Five of the reported drill holes were drilled within the known resource areas, using similar drill hole assay quality assurance and quality control procedures as the other exploratory drill holes, to acquire mineralized rock for metallurgical test work. Highlights of these results are described below and the complete results are shown in Table 1 below. The mineralized zones and targets are shown in Figure 1 which can be found on our website: http://yukon-nevadagold.com/i/maps/KetzaTargets2010.jpg

Shamrock -- Gold Flow Target

Three drill holes were drilled to test altered zones up slope from a major soil anomaly. Drill hole KR-08-1461 returned several intercepts, including 3.05 meters grading 6.92 g/t Au, starting at 8.23 meters.

Mantos - Hoodoo Zone

Results were received for 10 drill holes. Highlights include drill hole KR-08-1455, which cut 9.14 meters grading 32.98 g/t Au. This included 3.05 meters assaying 84.50 g/t Au. Another highlight of the results was drill hole KR-08-1460, which contained a 1.30 meter interval of 24.90 g/t Au.

Mantos - Tarn Zone

Assays were received for 10 drill holes in the Tarn Zone. The best intercept was from drill hole KR-08-1354, which intersected 6.09 meters and assayed 6.76 g/t Au starting at 14.33 meters. Also significant was drill hole KR-08-81 which intersected 2.15 meters which assayed 3.61 g/t Au starting at 27.42 m.

http://www.yukon-nevadagold.co…84.5-GT-Gold-At-Ketza-Riv...

Zitat von Peter7

Edel Man, ganz Unrecht hatte the_brain aber nicht.

War doch ein bißchen viel in letzter Zeit.

schon wieder ein spam.

dachte mit dem letzten beitrag von edel sei das ganze gegessen.

Zitat

Bei diesen extrem hohen Graden würde ein Explorer in Kanada oder Mexiko zB. im Kurs sicher explodieren; aber hier stehen Befürchtungen hinsichtlich politischer Unwägbarkeiten im Raum....... So verblieb gestern ein Kursanstieg von "nur" + 9,4 % auf 1,05 C$.

es sind extrem hohe grades...

sehe ich das richtig, dass die ergebnisse von Pie de Gallo immer noch ausstehen?

das ist villeicht auch ein grund, warum GWY "noch" nicht explodiert...

February 25, 2010
Galway Reports High Grade Results as Grades and Strike Lengths Improve at El Volcan

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Toronto, Ontario: February 25, 2010 - Galway Resources Ltd. (GWY: TSX-V) is pleased to announce that it has received results from 302 additional channel samples from its recently acquired Reina de Oro property in Vetas, Colombia (refer to Galway's January 26, 2010 press release for details). These are in addition to Galway's release of its initial 216 channel sample results reported February 17, 2010.

"We consider Galway's latest results as providing further evidence that Vetas hosts significant high-grade gold mineralization over long intervals, and our exploration program at the mine complements well our other recent efforts just eight kilometers to the northwest at California. Indeed, we are encouraged by our discovery of a 70.1 meter strike length (with a 0.9 meter true width) that has an average grade of 104.8 grams per tonne gold, and that several of the veins appear to be getting richer over longer intervals when compared with prior results," cites Robert Hinchcliffe, Galway's President and CEO.

Higher Grades Over Longer Intervals

Grades returned include 1,374.8 grams per tonne (g/t) gold (Au) over a strike length of 5.0 meters (0.8 m true width), and 223.8 g/t Au over a strike length of 25 meters (0.9 m true width). Refer to Table 1 for select results from Galway's channel sampling program at its El Volcan mine. The 223.8 g/t intercept represents just one of five improvements in grade and strike length that Galway has identified in its latest results when compared with those released on February 17th. Four of the improvements occurred along the Manzanilla vein, while the other improvement occurred in the Corteros Vein. We present our findings for these veins, as well as for Loscas and Tajo Abierto below:

Manzanilla Vein

223.8 g/t Au over a strike length of 25 meters (9 samples over 0.9m average true width), including 459.0 g/t Au over 11.5 meters. This compares with Galway's previously reported interval of 48.3 g/t Au over 15 meters.

87.9 g/t Au over a strike length of 18.5 meters (6 samples over 0.9m average true width), including 381.5 g/t Au over 1.2 meters. This compares with Galway's previously reported interval of 24.7 g/t Au over 12.0 meters.
The above two intervals are contained within the longer 70.1 meter intercept that has an average grade of 104.8 g/t Au (3.37 ounces per tonne Au), as noted above.

31.4 g/t Au over a strike length of 12.5 meters (6 samples over 1.0m average true width), including 45.0 g/t Au over 5.0 meters. This compares with Galway's previously reported interval of 24.2 g/t Au over 7.2 meters.

17.8 g/t Au over a strike length of 8.0 meters (3 samples over 0.93m average true width). This compares with Galway's previously reported interval of 14.6 g/t Au over 5.0 meters.
In addition to the improvements in grade and strike lengths noted above, the latest results from the Manzanilla vein also returned the following:

67.1 g/t Au over a strike length of 7.5 meters (3 samples over 1.0m average true width), including 94.5 g/t Au over 5 meters, and

26.0 g/t Au over a strike length of 30.5 meters (11 samples over 0.8m average true width). Of this 30.5 meter interval, a 1.2 meter portion that graded 183.1 g/t Au was released February 17th, but another 23.5 meter interval that graded 29.8 g/t Au significantly extended the strike length of this high grade vein.
Refer to Figure 1 for a map showing the location of select channel sample results from the Manzanilla vein.

Corteros Vein

7.9 g/t Au over a strike length of 21.5 meters (10 samples over 0.9m average true width), including 20.6 g/t Au over 4.5 meters. This compares with Galway's previously reported interval of 6.2 g/t Au over 17.0 meters.
Other new results from the Corteros vein returned the following:

86.8 g/t Au over a strike length of 10.0 meters (4 samples over 0.9m average true width), including 319.8 g/t Au over 1.2 meters.

9.3 g/t Au over a strike length of 14.5 meters (6 samples over 0.8m average true width), including 14.9 g/t Au over 7.5 meters.
Refer to Figure 2 for a map showing the location of select channel sample results from the Corteros vein.

Loscas Vein

1,374.8 g/t Au over a strike length of 5.0 meters (3 samples over 0.8m average true width), including 2,744.9 g/t Au over 1.2 meters, and

9.7 g/t Au over a strike length of 22.5 meters (9 samples over 0.96m average true width), including 16.3 g/t Au over 10.5 meters.
Refer to Figure 3 for a map showing the location of select channel sample results from the Loscas vein.

Tajo Abierto Vein

8.2 g/t Au over a strike length of 21.0 meters (8 samples over 0.8m average true width), although the strike length extends to 45 meters at a slightly lower grade of 7.7 g/t Au when results from Galway's February 17th news release are included.
Refer to Figure 4 for a map showing the location of select channel sample results from the Tajo Abierto vein.

Refer to Table 1 for true widths of all the results provided in this news release.

El Volcan Mine
Reina de Oro contains the historic El Volcan gold mine, which is the largest gold producer in the California-Vetas-Surata gold mining districts where Galway is conducting its gold exploration activities. The El Volcan mine consists of two main levels, with eight mineralized quartz veins currently being mined by locals. The channel samples received to date are from four of the eight mineralized structures, all taken from the lower level of the mine. The four veins tested include the Manzanilla, Corteros, Loscas, and Tajo Abierto.

Sampling Program
The Company's aggressive channel sampling program is primarily focused on the 2,000 meters of accessible underground workings. This represents only 40% of the 5,000 meters of historical underground drifting that has occurred as 3,000 meters are currently un-accessible. However, Galway considers this additional 3,000 meters of underground workings as providing the Company with an excellent target for future exploration.

To date, a total of 518 assays have been received. Results from another approximately 300 samples are pending from the aforementioned veins as well as from other veins along the same level. Channel sampling has just commenced in the upper level of the mine. The channel samples were collected across drift backs from four of the eight quartz veins which have been historically mined since the 1950's. Results only from veins have been returned; assays for the intervening ground where mineralized splays occur are pending. No cut has been applied to assays; further sampling is required in order to ascertain what, if any, cut may be required.

Mineralization
The known vein system comprises eight mineralized structures trending NNE and dipping sub-vertically to the NW. The main quartz veins, together with splay veins are spatially associated with shear zones hosted in porphyry and metamorphic gneiss, much like the California gold district. The veins have been, and currently are being mined from surface to approximately 250 meters below surface. Within this area, and over a 570 meter vein length, approximately 30% of the area has been mined out. The steep nature of the veins (sub-vertical), combined with highly competent wall rocks, is ideal for modern bulk mining methods (longhole mining). There is also potential for open pit mining.

Exploration
Galway plans an aggressive exploration program of underground and surface sampling, geophysics and drilling to rapidly advance this project. The main focus will be to ascertain in a relatively short timeframe reserves and resources, and to explore vein extensions below the bottom level of the mine where no exploration has occurred. All veins are open along strike (horizontally) and to depth. There are surface indications that additional veining may be discovered to the southeast.

Review by Qualified Person, Quality Control and Reports
In compliance with National Instrument 43-101, Mr. Mike Sutton P.Geo., is the Qualified Person responsible for the accuracy of this news release. All samples were assayed for Metallic Screen test by SGS at its Peru Minerals laboratory in Callao, after preparation at an SGS facility in Medellin, Colombia. The Company's QA/QC program includes the regular insertion of blanks and standards into the sample shipments. All widths are true widths.

http://www.galwayresources.com…rike-Lengths-Improve-at-E...

unter hammervolumen

In the previous press release Ecometals indicated that closing of the transaction was scheduled to be on or before 25 January 2010, however Alca has requested an extension to the closing which Ecometals has agreed to provide. The parties have agreed to extend to a new closing to be on or before 28 February 2010.

Der 28.2.2010 ist Ende dieser Woche

Habe ebenfalls vergebens nach news gesucht. Wir haben wohl zur rechten
zeit aufgestockt.
Aber mit über 50% plus wird mein bestand zu gross, da ich massiv
nachgekauft habe.
Mal abwarten, aber sehr wahrscheinlich realisiere ich den gewinn heute.

Aber schön, dass EC wieder mal gehn norden fliegt.

Habe gestern schon zu 0.61

mal abwarten wie sich der kurs entwickelt....

die frist für den verkauf des gebietes ist der 28.2.2010, wenn ich alles richtig gelesen habe.

danke für den vergleichschart.

bin ebenfalls optimistisch. GWY hat ja eben gerade proben von ihrem neu erworbenen gebiet veröffentlicht, sieht gut aus.
aber eben, die ergebnisse der drills stehen leider immer noch aus.

February 17, 2010
Galway Reports High Grade Gold Channel Sample Results From Its Recently Acquired Vetas Property In Colombia

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Toronto, Ontario: February 17, 2010 - Galway Resources Ltd. (GWY: TSX-V) is pleased to announce that it has received results from 216 channel samples from its recently acquired Reina de Oro property on its Vetas concessions in Colombia (refer to Galway's January 26, 2010 press release for details). Reina de Oro contains the historic El Volcan gold mine, which is the largest gold producer in the California-Vetas-Surata gold mining districts where Galway conducts its gold exploration activities. All 216 sample results on which this press release is based were taken from the El Volcan mine on its Reina de Oro property (see Figure 1). Results from another approximately 600 samples are pending and other veins in the upper level of the mine remain to be sampled.

"While our land position in the California district, which is on strike with Ventana Gold's and Greystar Resources' major discoveries, has captured significant market interest, we consider our Vetas acquisition as having strong potential to bring in fairly quickly a high grade underground resource amenable to modern bulk mineable methods. Our geologists have been aggressively sampling the 2,000 meters of accessible underground workings and will soon be carrying out surface exploration to better understand the open pit potential as well," cites Robert Hinchcliffe, Galway's President and CEO.

The El Volcan mine consists of two main levels, with eight quartz veins currently being mined by locals. The initial 216 channel sample results identified three gold/silver structures, known as the Manzanilla, Tajo Abierto and Corteros veins. Values ranged up to 183.1 grams per metric tonne (g/t) gold (Au) and 422.0 g/t silver (Ag) over a strike (horizontal) length of 1.2 meters from one sample in the Manzanilla vein (see Figure 2 and Figure 3).

Importantly, 22% of the samples taken returned values above 5.0 g/t Au. Galway's management considers this to be a highly anomalous result. Other highlights from these results include the following:

Manzanilla Vein: averages of 48.3 g/t Au over a strike length of 15 meters from three samples, and 24.2 g/t Au over 7.2 meters from 4 samples.

Tajo Abierto Vein: averages of 9.6 g/t Au over a strike length of 35 meters from six samples, and 8.2 g/t Au over 21 meters from eight samples.

Corteros Vein: an average of 6.2 g/t Au over a strike length of 17 meters from seven samples.

All channel samples were taken across the vein, with most widths being approximately 0.8 meters, although they range up to 1.5 meters and up to 5.0 meters where splay veins exist.

Sampling Program
The channel samples were collected across drift backs from three narrow quartz veins, historically mined since the 1950's: Corteros, Manzanilla and Tajo Abierto. The Manzanillo vein has been mined along a strike length of 500 meters in the lower level of the El Volcan mine. Sampling was undertaken in areas where mining has historically occurred, but where mining was not happening at the time the samples were collected. Gaps in the sampling exist to avoid active mining areas, but many of these were later filled in. Since historical mining occurred either as a result of the presence of visible gold, or based on immediate results from the milling of ore, it is believed that Galway's assay results to date may be lower in grade than what has and is being mined. Generally, the mined and sampled widths are 0.8-1.5 meters, but where splays occur, the width can exceed 5.0 meters. Results only from veins have been returned; assays for the intervening ground where splays occur are pending.

Mineralization
The vein system comprises eight mineralized structures discovered to date trending NNE and dipping sub-vertically to the NW. The main quartz veins, together with splay veins are spatially associated with shear zones hosted in porphyry and gneiss metamorphic rocks, much like the California gold district. The veins have been, and currently are being mined from surface to approximately 250 meters below surface. Within this area, and over a 570 meter vein length, approximately 30% of the area has been mined out. The steep nature of the veins (sub-vertical), combined with highly competent wall rocks, is ideal for modern bulk mining methods (longhole mining). There is also potential for open pit mining.

Exploration
Galway plans an aggressive exploration program of underground and surface sampling, geophysics and drilling to rapidly advance this project. The main focus will be to ascertain in a relatively short timeframe reserves and resources, and to explore the many veins below the bottom level of the mine where no exploration has occurred to date. All veins are open along strike (horizontally) and to depth and there are indications that additional veining may be discovered to the southeast, as seen by surface exposure.

Review by Qualified Person, Quality Control and Reports
In compliance with National Instrument 43-101, Mr. Mike Sutton P.Geo., is the Qualified Person responsible for the accuracy of this news release. All samples were assayed for Metallic Screen test by SGS at its Peru Minerals laboratory in Callao, after preparation at an SGS facility in Medellin, Colombia. The Company's QA/QC program includes the regular insertion of blanks and standards into the sample shipments. All widths are true widths.

About the Company
Galway Resources is a well capitalized company, primarily focused on the exploration of gold and coal in Colombia. While the core focus of the Company at the moment is gold exploration in Colombia, the Company reported that drilling has commenced at the GALCA coal project in Colombia. The initial 19 hole drill program on the GALCA property is being managed and funded by Prodeco, the Colombian subsidiary of Xstrata. For more details see the press release dated November 17, 2009.

http://www.galwayresources.com…lts-From-Its-Recently-Acq...

gold sinkt, EC sinkt... gold steigt, EC sinkt.

so kommt es mir vor. was ist denn nur los??

habe heute nachgelegt.

Ecometals Announces Delay in Proposed Sale of Condor Gold Project
Toronto, Ontario – 01 February 2010 – Ecometals Limited (TSX-V:EC)
Ecometals Limited (“Ecometals”) announced on the 12 January 2010 it had entered into an agreement with Alca Gold Limited (“Alca") for the sale of Ecometals' entire holding of shares in Condormining Corporation S.A. and Condorview S.A. for US$9,000,000 to be satisfied in cash by the Alca at Closing.
In the previous press release Ecometals indicated that closing of the transaction was scheduled to be on or before 25 January 2010, however Alca has requested an extension to the closing which Ecometals has agreed to provide. The parties have agreed to extend to a new closing to be on or before 28 February 2010.
Both Ecometals and Alca have restated their commitment to the prompt completion of the proposed transaction.

http://www.ecometalslimited.co…20Project%20extension.pdf

habe am letzten Freiteg eine ordentliche Position nachgekauft.

habe sie aber heute schon wieder gegeben. bin noch genug mit shares eingedeckt.

traue dem kurs noch nicht ganz. Die drillings lassen immer noch auf sich warten.

Toronto, Ontario, January 28, 2010 – Colossus Minerals Inc. (“Colossus” or “the Company”) (TSX:CSI) is pleased to announce the results of the voting at the Annual General and Special Meeting of Shareholders held on January 27, 2010. The Company's board of directors were re-elected by a significant majority of shares voted, giving the Board and the management team a strong mandate to move forward.

"We would like to thank the Colossus shareholders for giving us the opportunity to advance Serra Pelada for another year. Management are firmly focused on value creation and expect to meet certain critical milestones in the coming months,” commented Ari Sussman, Chairman and CEO of Colossus Minerals Inc.

In addition, KPMG LLP was re-appointed as auditor of the Company and the shareholder rights plan was confirmed in accordance with its terms.

Colossus also wishes to remind certain warrantholders that the outstanding unexercised 2007 series common share purchase warrants are set to expire at 4:00pm (Toronto time) on February 13, 2010.

http://www.colossusminerals.co…/index.php?&content_id=95

Ecometals Limited Announces Accelerated Expiry of Warrants
TORONTO, ONTARIO -- January 28, 2010 – Ecometals Limited (the “Company”) (TSX
VENTURE: EC) announces that, further to its press releases dated October 9, 2009 and October
26, 2009 announcing the issuance of an aggregate of 12,490,476 units to subscribers and 328,959
units to finders (the “Offering”), it has provided notice to all holders of warrants (the
“Warrants”) issued pursuant to the Offering that the Company has exercised its right to
accelerate the expiry date of the Warrants pursuant to the terms of the Warrants. The Warrants
will now expire at 5:00 pm (Vancouver time) on February 26, 2010.
The securities offered have not been registered under the United States Securities Act of
1933, as amended, and may not be offered or sold in the United States absent registration
or an applicable exemption from the registration requirements. This news release shall not
constitute an offer of securities for sale in the United States or Canada or the solicitation of
an offer to buy securities in the United States or Canada, nor shall there be any sale of the
securities in any jurisdiction or state in which such offer, solicitation or sale would be
unlawful.

http://www.ecometalslimited.co…eleratedWarrantExpiry.pdf

wird ja seit tagen richtig zerfleischt....

Hmmm, wissen da einige mehr

January 26, 2010
Galway Announces Acquisition Of Largest Gold Mine In The California-Vetas Mining District Of Colombia

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Toronto, Ontario: January 26, 2010 - Galway Resources Ltd. (GWY: TSX-V) is pleased to announce that it has entered into a binding agreement to acquire a 100% interest in the Reina de Oro and Coloro properties in the center of the historic Vetas Gold Mining District in Colombia. The properties are mostly contiguous and collectively comprise 542 hectares (1,339 acres). The Reina de Oro property's main asset at present, the El Volcan Mine, has been the site of gold mining since the 1590's. In fact, the mine has produced among the most gold of any in the historic California-Vetas gold mining district. The town of Vetas is located approximately 8 kilometers southeast of California, the sight of the company's on-going gold exploration program, on strike with Ventana's and Greystar's major gold discoveries.

"We are extremely pleased to gain a significant foothold in the most prolific gold producing area in the California-Vetas district, a mine that has been producing gold for over 400 years and enjoys comparatively good infrastructure. We are very excited to be the first company to initiate a technologically advanced exploration campaign on these properties, which compliment on many different fronts our current activities in the nearby California gold trend. In short, this acquisition along with our on-going exploration program, on trend with Ventana's La Mascota gold discovery, adds significant up-side potential to the Company's exploration efforts in the California-Vetas gold district," cites Robert Hinchcliffe, President and CEO of Galway Resources.

The U.S. Geological Survey in collaboration with the Colombian Geological Survey (INGEOMINAS) sampled the Reina de Oro property in 1969. Forty-two underground samples were taken from several veins. The samples ranged from no gold to 87.5 grams/tonne. Approximately 31% (13) of the samples were less than 0.5 g/t, 7% (3) from 0.5-1 g/t, 19% (8) from 1-3 g/t, 7% (3) from 3-5 g/t, and 36% (15) were greater than 5 g/t Au (gold). Looked at another way, 62% of the samples taken contained 1 g/t Au or more. This provides another indication to Galway's management that the Company's Reina de Oro property contains unusually high levels of anomalous gold. In fact, grades as high as 76.0 g/t Au over 1.2 meters and 76.65 g/t Au over 0.9 meters were returned. In addition, sampling work done on tailings by the USGS during the late 1960's found the tailings to contain about 90,000 tonnes of 18 g/t Au and 38 g/t Ag (silver) in the sand fraction, and 26 g/t Au and 44 g/t Ag in the silt fraction. A qualified person has not done sufficient work to classify the historical estimate as current mineral resources, the issuer is not treating the historical estimate as current mineral resource and the historical estimate should not be relied upon.

http://www.galwayresources.com…In-The-California-Vetas-M...