Junior Gold Producer mit steigenden Gewinnen ( Seite 4)

Dec. 17, 2010

La Mancha reports that due to the increased agitation observed over the last 24 hours in the Zouan Hounien region, in western Cote d'Ivoire, the Ity mine proceeded to the orderly interruption of its activities. The Ity mine represents only 15% of the Company's total gold production for 2010.

Dominique Delorme, President and CEO of La Mancha noted: "In this difficult period for Cote d'Ivoire, La Mancha's first priority continues to be the safety and security of our employees and their family. To that effect, we have cautiously decided to temporarily suspend mine operations. La Mancha's international diversification helps minimize the impact of the current event as only 15% of our gold production comes from our Cote d'Ivoire operation."

The current situation at the Ity mine remains calm, however further precautionary measures have been taken to safeguard all mine assets. All the gold poured over the recent weeks was safely transported off the mine site.

La Mancha's production target for 2010 remains between 120,000 and 130,000 ounces of gold, of which 65% is produced in Australia, 20% in Sudan, and only 15% of which is produced in Cote d'Ivoire.

http://tmx.quotemedia.com/article.php?newsid=36672484&qm_sym…

Nachtrag vom 18.01.11

La Mancha Achieves Record Gold Production in 2010 and Targets up to 135,000 Oz in 2011

HIGHLIGHTS

- Record gold production of 122,571 ounces in 2010
- Gold production target of up to 135,000 ounces for 2011
- Average cash costs expected to be US $671 per ounce of gold
- Favourable conditions in the vicinity of the Ity mine allow for the gradual resumption of operations

ausführlich: http://tmx.quotemedia.com/article.php?newsid=37554436&qm_sym…

Produktionsrate am unteren Ende der letzten (revidierten) Guidance von 120-130.000 oz. Ursprünglich sollten sogar 40.000 oz in Q4 produziert werden (tatsächlich <31.000 oz). Scheint aber alles eingepreist gewesen zu sein.

02/01/11

HIGHLIGHTS FOR HASSAI SOUTH (TARGET 1):

Results for the first 40 holes drilled appear to confirm the 2009 resource Copper intercepts in the pit walls suggest that the resource may extend beyond the current boundaries New gold and copper intercepts suggest the presence of scattered higher grade pockets throughout the orebody The drilling program remains on track to fully delineate the first two targets by the end of 2011

BEST INTERSECTIONS INCLUDE:

25.7 m at 2.27 g/t Au, 1.46% Cu from 360 m, including 2.0 m at 8.91 g/t Au and 1.30% Cu
11.5 m at 2.05 g/t Au and 3.03% Cu
55.0 m at 0.15 g/t Au and 0.88% Cu from the wall rock

La Mancha is pleased to report that the first round of drill results for the Hassaï volcanogenic massive sulphide (VMS) structure appear to confirm the 2009 resource estimate. The Hassaï South structure was the first of two VMS structures tested by La Mancha at its Hassaï property in northeastern Sudan in 2007 and 2008. The resulting inferred resource was used in the preparation of a scoping study released in the fall of 2010.

Moreover, the discovery of new mineralization in the south wall of the Hassaï South pit, as well as high-grade intercepts at depth, suggest the potential to improve the resource, both in terms of size and grade. These preliminary drill results, which are part of the 100,000-metre VMS drilling program started in October 2010, brings more confidence with respect to the low geological risk associated with both converting the resource currently in the Inferred category to the Measured and Indicated category and significantly growing the resource.

Dominique Delorme, President and CEO of La Mancha, commented that "We are pleased with these initial results as they provide more evidence of our project's strong potential while underscoring the conservative approach of our positive Preliminary Economic Assessment ("PEA"). The high-grade drill results obtained recently from outside the supergene zone indicate that the deposit grades may be above those used in our PEA. Furthermore, the discovery of new mineralization in the south wall of the Hassaï South pit, previously thought to be waste material, is very exciting, as it suggests that the underground mining assumption used in our PEA may have been conservative as an eventual resource in Hassaï South's pit walls could further improve the economics of the project."

Figures 1 and 2 show that mineralization was found outside the main lenses in the south wall rocks in the western part of the Hassaï South pit, with a 55-metre intersection at 0.88% Cu.

Moreover, it is important to highlight that the high-grade deep-hole intercept (2.0 m at 8.90 g/t Au and 1.30% Cu in the D235 at 375m) suggests the presence of locally-enriched gold and copper zones outside the supergene zone in the primary zone. Furthermore, the shallow, high-grade intercepts (6.4 m at 1.73 g/t Au and 3.49% Cu, and 5.0 m at 3.23 g/t Au and 1.30 % Cu) obtained at the lower limit of the supergene zone reconfirm its existence.

To date, the VMS resource delineated on the Hassaï property includes an Inferred resource of 51.4MT (20.6MT attributable to La Mancha) at 1.31 g/t Au and 1.23% Cu. This Inferred resource has been delineated in the VMS lenses found under the first two of six visually-identified VMS targets, the Hassaï South and Hadal Awatib pits. Following the publication of a positive PEA on September 7, 2010, a 12-month, 100,000-metre drilling program was launched with the intent of upgrading the Inferred resource to the Measured and Indicated category, increasing the current resource at the first two targets, and testing the potential of the VMS structure identified at the third target. As of January 31, a total of 17,837 metres had been drilled, with five rigs in operation. The pace is expected to accelerate as two more rigs are scheduled to begin drilling during February 2011. Preliminary drill results for the Hassaï South target, representing 20 diamond drill holes and 20 RC precollars, are presented in Table 1 in the appendix.

NEXT STEPS
The VMS exploration program will continue as planned, with results disclosed as they become available. The Hadal Awatib (target #2) drilling campaign started in mid-December 2010, and the Hadayamet (target #3) drilling campaign is scheduled to begin in the coming weeks. At Hassaï South, exploration of the extensions at depth which started in January will continue as described in Figure 3. The Company expects to complete all the drilling in September 2011, and to use the last months of the year to compile the results and update the resource model.

Meanwhile, the feasibility study for Hassaï's CIL project is progressing according to schedule and should be released by the end of the first quarter.

In accordance with the development plan presented in the PEA in September 2010, La Mancha intends to develop Hassaï in two phases: 1) the upgrade of the current heap leaching facility to a CIL plant by 2013 and 2) the construction of a flotation plant to address the mine's VMS potential from 2015 onwards.

http://finance.yahoo.com/news/La-Manchas-VMS-Exploration-iw-…

ein letzter Beitrag meinerseits

24.02.11

La Mancha reports that it proceeded, earlier today, to the orderly interruption of its Ity mine activities in Côte d'Ivoire. Approximately 4,300 ounces of gold (2,000 ounces attributable to La Mancha) have been produced by the mine since the restart of its activities in mid-January 2011. For its 2011 production guidance, La Mancha had incorporated a conservative production target of a minimum of 12,000 ounces of gold for the Ity mine as it had assessed its production to be vulnerable to the country's current political situation.

Dominique Delorme, President and CEO of La Mancha, noted: "We expect that the situation will continue to rapidly evolve in the area surrounding the mine for the time to come. Luckily, our ability to quickly suspend and restart activities at the Ity mine gives us the flexibility to adapt ourselves to the evolution of the political situation, which should allow Ity to meet this year's gold production target while assuring the safety of our employees and their family."

Despite the Ity mine's current situation, La Mancha's consolidated production remains in line with its 2011 guidance of 115,000 to 135,000 attributable ounces of gold.

http://finance.yahoo.com/news/ITY-Mine-iw-2019714393.html?x=…

Ich hatte jetzt mal bei der IR von LaMancha nachgefragt, ob Sie denn auch mal Unternehmens-Präsentationen in Deutschland und/oder Europa machen und nachdem Sie in den nächsten 6 Monaten in London, Paris & Zürich da schon etwas organisiert hatten, schauen die jetzt auch mal, ob in Deutschland ähnliches möglich ist. Weiss aber nicht, ob das hier bei w:o überhaupt jemanden interessiert?! Wie auch immer, ich bleib da am Ball.

@fauntleroyy
Mich interessiert es

Immerhin hat es La Mancha von rund 5 Cent auf rund 2 € innerhalb von rund 3 Jahren gebracht.

Leider gibt es nur wenig Infos über die weiteren Entwicklungschancen dieses Unternehmens.

@all
OC hatte mal ein Kursziel von 4 oder gar 5 CAD angegeben, ist das derzeit noch realistisch? Ich wüsste gar nicht wovon dieses Kursziel derzeit abhängig wäre (außer natürlich der Edelmetallpreise).

Nun sind wir bereits bei rund 2,50 € angelangt und immer noch keine Regeung hier bei WO, wieso?

Weiss denn wirklich niemand etwas zu diesem Wert?

Neuigkeiten auf der Webseite
http://www.lamancha.ca/en/news/2012/la-manchas-vms-resource-increases-to-81mt-indicated-and-37mt-inferred