als ehemaliger Macminer möchte ich mal einen neuen Thread eröffnen
ALCYONE RES. LTD. - Aktie WKN: A0YC53 | ISIN: AU000000AYN6
AYN eingeben, alle NES sind dort einlesbar!
Die Vergangenheit und was geplant war, Einschätzungen und
ASX Announcement 23rd October 2008
TWIN HILLS PRODUCTION FORECASTS
Mechanical installation of the upgraded crushing circuit has been
completed and commissioning has commenced. Increased crushed
product is expected to be available for stacking in the near
Based on the earlier crushing study the forecast silver production
and site production cash costs for the Twin Hills Silver Mine are
as shown in the table below. Silver production and
forecasts are illustrated on the bar chart.
The Company cautions that these figures are based on the following
assumptions which could
vary and may not be achieved. We believe the assumptions are
realistic but they remain to be
confirmed over time.
• US$ to AUD$ exchange rates will vary and thus cause the US$/oz
site production cost to
change. The AUD$/oz site production cash cost will not vary
significantly with exchange
• The above projections are based on both the Crushing Circuit
upgrade study and increased
shifts, and could vary depending on the crushing upgrade
• It is important to note that there is a minimum three month time
lag between the time of
stacking ore on the heaps, allowing leaching to commence, and the
sale of the silver bullion
produced from that ore. For this reason a positive net cash flow
will not be achieved until
the second quarter of 2009.
• Approximately $AUD1.2 million in additional capital is required
to expand the Merrill Crowe
silver recovery facility and purchase a standby jaw crusher.
• To remain viable and achieve the above production levels and
costs, the Company will need
to raise a minimum of AUD$5 million, including the capital above,
by sale of assets and by
an equity raising.
In response to queries from shareholders, the Company is
investigating the possibility of marketing its own silver bullion.
There is a long lead time required, however, so this could not
be achieved until early 2009.
Schwarzer Montag bei MNN!!!!!!
The overview of Australia's silver focused producer...
The Rivertree project comprises an exploration licence (EL 5714) of
21 units, covering about 63 km2, located in north eastern NSW, 55
km northeast of Tenterfield. The licence incorporates numerous old
mines and prospects. Historic production took place prior to 1925
and ceased due to ore processing difficulties with the technology
of the day and lack of interest at the time in zinc.
In November 2004 Malachite entered into a joint venture agreement
with Macmin Silver Limited under which Macmin purchased an initial
60% interest in Rivertree, together with a similar interest in
Malachite's nearby Boonoo Boonoo project. Under that joint venture,
Macmin has now earned a further 15% interest in Rivertree and
Boonoo Boonoo by funding $500,000 of exploration expenditure on the
Sampling of dumps at Rivertree by Malachite tended to confirm the
high grade, polymetallic nature of mineralisation, with substantial
values in silver (100-2500 g/t Ag), gold (0.5-8.5 g/t Au) and zinc
(up to 20% Zn), and accessory to significant values in lead, copper
This property comprises a single exploration licence (EL 6032) of
16 units (about 48km2) covering an old silver and gold field that
has many of the characteristics of nearby Rivertree, although with
a more notable gold component. It is located about 20 km northeast
of Tenterfield in northern NSW and is subject to a joint venture
with Macmin Silver Limited. Under that joint venture Macmin has
purchased a 60% interest in Boonoo Boonoo, together with a similar
interest in the Rivertree project, and has now earned a further 15%
interest by funding $500,000 of exploration expenditure on the two
Land tenure within the EL includes both freehold and State Forest.
High grade fissure veins hosted by granite were mined around 100
years ago and some very rich grades are reported in the literature,
although their significance is uncertain as little modern
exploration has taken place.
Sampling of dumps and old workings at the Boonoo Boonoo gold-silver
field in 2003 showed that most were highly anomalous in both gold
and silver, with gold values in the range of 0.5 to 51.8 g/t Au,
and silver values generally in the range of 10 to 345 g/t Ag.
Significantly, these high gold and silver values are accompanied by
only low to very low values of arsenic, antimony and base metals. A
program of soil geochemistry and induced polarisation (gradient
array) geophysics has helped define attractive drill targets at
several of the old workings.
Tally Ho is located 45 kms south-west of Mackay in central coastal
Queensland, and consists of two (2) Mining Leases (ML's 4770 and
4727), a surrounding Mineral Development Licence Application
(MDL272) and a twenty-four (24) sub-block (76km²) Exploration
Permit for Minerals EPM 15168 (Connors Range). Adjacent EPM 15775
(Dennison Creek) covers 78km² (23 sub-blocks).
In addition, a further exploration area (Mt Scott) for silver has
been granted in the Mackay region. The historic Tally Ho workings
consist of two short adits, a shaft and further afield, numerous
shallow pits and trenches. The mine area was discovered around the
turn of the century and selectively mined in a very small way from
then until about 1915. The current mining leases have been
privately held since 1974 and there has been no systematic surface
exploration activity for silver, and no drilling has been carried
out prior to that by Macmin.
The most comprehensive report on the property is that of Blanchard
(Chief Geologist MIM, 1937), who examined and mapped some of the
'greisen' ('dogstooth' quartz vein) outcrops (Photo 1 & 2) in
the area and carried out detailed channel sampling of the
mineralisation along the 6 ft level (i.e. Adit No. 1), the 47 ft
level (i.e. Adit No. 2) and the 64 ft level. Blanchard's best
results came from Adit No. 2 where he recorded 13.1m at 273g/t
silver, 2.69% zinc, 2.6% lead and 0.68% copper. He also recorded
significant gold values but these could not be substantiated from
re-sampling by the previous tenement holders.
The Mt. Scott tenement (EPM 15854) covers approximately 260km², the
centre of which is located approximately 50kms south of the Tally
The tenement covers a Cretaceous Age Granitoid intrusion (Mount
Scott Granite) which is described by Queensland Government
geologists as “a pink medium grained, slightly to moderately
porphytic hornblende biotite granite. A characteristic feature is
the presence of numerous irregular miarolic cavities up to approx
20mm across. These cavities are partially filled or filled with
epidote, quartz and tourmaline and the granite is moderately
Exploration for porphyry copper and epithermal gold was carried out
by a number of exploration companies in the 1970’s and 1980’s. A
number of low-order basemetal anomalies were established and
investigated, but not drilled. In light of our understanding of the
geological and structural controls on the Tally Ho silver
mineralisation we believe this tenement to be highly prospective
from silver and base metal mineralisation.
Das war mal geplant:
Der Rest von der ehemaligen MACMIN kann man hier
ABER, mit Vorsicht zu Genießen:
Pro-forma Capital Structure
The capital structure of the Company following completion of the
Recapitalisation is summarised below:
Currently on issue 511,098,640 33,544,003
Post 20 for 1 consolidation 25,554,932 1,677,200
Issued under the Recapitalisation 575,000,000 150,000,000
Total 600,554,932 151,667,200
So, ich hoffe ich konnte ne kleine Zusammenfassung liefern und
es handelt es sich nicht um eine Kauf/Verkaufsempfehlung!!!
eheml. Longie bei Macmin...