WESTCORE ENERGY Ltd. trifft Vereinbarung mit Goldsource GXS ""NEXT BIG COAL PLAYER"" - 500 Beiträge pro Seite
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Hallo,
ich möchte hier mal einen Thread zu:
WESTCORE ENERGY - Aktie ISIN: CA95753R1091 | WTR
eröffnen.
Leider gibt es z.Z. noch keine HP von Westcore Energy Ltd., aber ich habe mit ein paar anderen USERN aus dem GXS-Thread mal ein paar Fakten zusammen getragen!!
Westcore completes QT, becomes coal miner
2009-05-06 13:45 PT - Qualifying Transaction
The TSX Venture Exchange has accepted for filing Westcore Energy Ltd.'s qualifying transaction described in its information circular dated March 30, 2009. As a result, at the opening on May 7, 2009, the company will no longer be considered a capital pool company.
The qualifying transaction involves the non-arm's-length acquisition of all rights, title and interest in certain Saskatchewan coal permits and a Manitoba quarry exploration permit (collectively, the assets) from Kenneth MacNeill, BEC International Corp., Lakeco Holdings Ltd. and T&N Holding Inc., pursuant to the terms of a purchase and sale agreement dated Jan.
15, 2009, as entered into between the company and the vendors.
William MacNeill is the principal shareholder of BEC and Lakeco and Thomas MacNeill is the principal shareholder of T&N.
The purchase price for the assets is approximately $2.4-million payable through the issuance of eight million common shares of the company at a deemed price of 30 cents per share and reimbursement of certain prior expenses of the vendors amounting to $190,914.
The eight million common shares issued to the vendors pursuant to the qualifying transaction are subject to escrow, with six million common shares subject to a Tier 2 surplus escrow agreement and two million common shares subject to a Tier 2 value escrow agreement.
The company is now classified as a mining company.
For a complete description of the qualifying transaction and the
business of the company, please refer to the company's information
circular dated March 30, 2009, as filed on SEDAR.
The exchange has been advised that the above transaction, as disclosed in the information circular, has been completed.
Insiders: BEC International (William MacNeill) two million; Lakeco
Holdings (William MacNeill) two million; T&N Holding two million;
Kenneth MacNeill two million
http://www.crmz.com/Report/ReportPreview.asp?BusinessId=1061…
Westcore Energy Ltd.
http://www.crmz.com/Report/ReportPreview.asp?BusinessId=1061…
Alle NEWS
http://www.marketwire.com/mw/search.do?params=&grpSearch=C&c…
Maps in PDF
http://www.wescangoldfields.com/_resources/maps/200908121043…
http://www.wescangoldfields.com/_resources/maps/200908121043…
http://www.alacrastore.com/company-snapshot/Westcore_Energy_…
DER FAKTENTHREAD zu Goldsource GXS, dort findet ihr auch alle wichtigen Informationen zu den Kohlefunden und dem JV-Partner GXS von WTR!!!!!!!
http://www.wallstreet-online.de/diskussion/1152282-61-70/fak…
IRW-PRESS: Goldsource Mines Inc.: Goldsource meldet Abschluß einer Vereinbarung mit Westcore Energy Ltd. zur Auffindung vorrangiger Kohle-Bohrziele in Saskatchewan
Goldsource meldet Abschluß einer Vereinbarung mit Westcore Energy Ltd. zur Auffindung vorrangiger Kohle-Bohrziele in Saskatchewan
VANCOUVER, B.C. 10. Dezember 2009 - Goldsource Mines Inc. (´Goldsource´) gibt bekannt, dass das Unternehmen eine Vereinbarung mit Westcore Energy Ltd. (´Westcore´) abgeschlossen hat. Gemäß dieser Vereinbarung stimmt Goldsource zu, seine patentrechtlich geschützte geophysikalische Matrix auf die von Westcore mittels Fugro-Messtechnik ermittelten geophysikalischen Flugmessdaten anzuwenden und spezielle Bohrstandorte auf seinen Kohle-Grundstücken in Saskatchewan und Manitoba auf Westcore zu übertragen, von denen Goldsource annimmt, dass dort mit hoher Wahrscheinlichkeit wichtige Kohleabschnitte durchteuft werden.
Goldsource hat seit der erstmaligen Entdeckung der Kohlevorkommen bei Border im April 2008 einen beträchtlichen Teil der Arbeiten abgeschlossen und umfangreiche Investitionen in die Entwicklung einer patentrechtlich geschützten geophysikalischen Matrix getätigt, die auf mittels Fugro-Messtechnik ermittelte geophysikalische Flugmessdaten angewendet werden kann. Damit läßt sich für potenzielle Kohle-Lagerstätten eine ´Signatur´ erstellen, die auf korrelierenden Daten aus geophysikalischen Meßflügen, elektronischen Bohrlochmessungen und geologischen Bodenanalysen mittels Bohrung basieren.
Diese Matrix wird zunächst auf die geophysikalischen Flugmessdaten angewendet, die Westcore mittels Fugro-Messtechnik in einem Kohle-Konzessionsgebiet, das unter dem Namen Hudson Bay North Block bekannt ist und unmittelbar an den nördlichen Bereich des Goldsource-Grundstück Border anschließt, ermittelt hat. Basierend auf den Ergebnissen dieser Analyse wird Goldsource Westcore die entsprechenden Koordinaten für vorrangige Bohrziele bekannt geben. Wenn die Ergebnisse für den Westcore-Konzessionsblock Hudson Bay North Block zufriedenstellend sind, wird auch das Datenmaterial aus anderen Kohle-Grundstücken von Westcore möglichst rasch ausgewertet.
Westcore wird zunächst 100.000 Stammaktien auf Goldsource übertragen. Für den Fall, dass Westcore im Rahmen seiner Bohrungen auf jedem der beiden von Goldsource identifizierten Bohrziele zumindest einen Kohleabschnitt von mindestens 10 Metern Mächtigkeit erfolgreich durchschneidet (Erfolgskriterien), treten die nachfolgenden Zusatzbedingungen in kraft:
(a) Westcore übergibt zusätzlich eine Million Stammaktien an Goldsource;
(b) Goldsource erhält eine 25%ige Förderbeteiligung an allen Kohlefeldern von Westcore in Saskatchewan und Manitoba;
(c) bevor Goldsource seinen Anteil von 25 % an den Ausgaben entrichtet, investiert Westcore zusätzlich 3 Millionen $ in die erwähnten Kohlefelder;
(d) Westcore und Goldsource unterzeichnen eine Joint-Venture-Vereinbarung (Verhältnis 75% / 25%), die den in der Bergbauindustrie gängigen Vertragsbestimmungen für Joint Ventures entspricht;
(e) Goldsource bringt jene 10 Kohlekonzessionsgebiete, die innerhalb des Hudson Bay North Block liegen und zu 100 % dem Unternehmen gehören, in die Vereinbarung ein. Der Hudson Bay North Block grenzt an das Grundstück Border in Saskatchewan, das ebenfalls Goldsource gehört;
(f) für den Fall, dass Westcore von Zeit zu Zeit Anteile an weiteren potenziellen Kohle-Grundstücken in Saskatchewan oder Manitoba erwirbt, erhält Goldsource die Möglichkeit, sich mit einer JV-Gewinnbeteiligung von 25 % daran zu beteiligen.
Sollten die Erfolgskriterien nur auf einem der von Goldsource identifizierten Zielgebiete erfüllt werden, wird Goldsource nur die Hälfte der begebbaren Aktien erhalten. Die übrigen der vorgenannten Bedingungen treten erst in kraft, wenn die Erfolgskriterien zur Gänze erfüllt werden. Zu diesem Zeitpunkt werden dann auch die noch ausstehenden Aktien übertragen.
President J. Scott Drever sagte: Wir sind ganz offenkundig der Meinung, dass diese Vereinbarung für beide Vertragsparteien Vorteile bringt. Aus Sicht von Goldsource bietet sich damit die Möglichkeit, unsere geophysikalischen Modelle auch in Gebieten außerhalb des Grundstücks Border zu testen und von sämtlichen Erfolgen, die Westcore erzielt, ebenfalls zu profitieren. Außerdem erschließen sich für uns damit auch andere aussichtsreiche Gebiete entlang des Durango-Trends in Saskatchewan und Manitoba, die unserer Meinung nach bedeutende Kohle-Lagerstätten bergen und deren Exploration für uns in diesem Fall mit nur geringen Investitionen verbunden ist.
Der Abschluss der Vereinbarung durch Westcore bedarf der Genehmigung durch die Börsenaufsicht.
N. Eric Fier, CPG, P.Eng. ist als qualifizierter Sachverständiger für diese Pressemeldung verantwortlich und hat den Inhalt geprüft und genehmigt.
Goldsource Mines Inc. ist ein kanadisches Ressourcenunternehmen, das sich auf die Exploration und Erschließung des neuesten kanadischen Kohlefelds in der Provinz Saskatchewan konzentriert. Das Unternehmen hat bisher nur einen Teilbereich dieses neuen Thermalkohlefeldes intensiv bebohrt und innerhalb des zur Bebohrung freigegebenen Projektgeländes Border 15 Kohlelagerstätten unterschiedlicher Größe mit Mächtigkeiten von bis zu 100 Meter entdeckt. Das finanzkräftige Unternehmen mit Sitz in Vancouver, BC wird von erfahrenen Bergbau- und Wirtschaftsexperten geleitet.
Diese Pressemitteilung enthält zukunftsgerichtete Aussagen, die sich auf zukünftige Ereignisse und Zustände beziehen und daher mit Risiken und Unsicherheiten behaftet sind. Die tatsächlichen Ergebnisse, die Programme und die Finanzlage des Unternehmens können wesentlich von jenen abweichen, die in diesen zukunftsgerichteten Aussagen vorausgesagt worden sind. Dafür kann es zahlreiche Gründe geben, von denen einige nicht im Einflussbereich des Unternehmens liegen. Zu diesen Gründen zählen u.a. die Verfügbarkeit von Finanzmitteln, Zeitpunkt und Inhalt von bevorstehenden Arbeitsprogrammen, Ergebnisse aus Explorations- und Erschließungsaktivitäten auf Rohstoffgrundstücken, Auswertung von Bohrergebnissen und anderen geologischen Daten, Unsicherheiten in bezug auf Ressourcen- und Reservenschätzungen, Erhalt und Fortbestand von Kohlelizenzen und Grundrechten, Projektkostenüberschreitungen und nicht vorhergesehene Ausgaben, Schwankungen bei den Waren- und Produktpreisen, Währungsschwankungen und die allgemeine Markt- und Branchensituation.
Zukunftsgerichtete Aussagen basieren auf den Erwartungen und Meinungen des Managements zum Zeitpunkt der Äußerung dieser Aussagen. Annahmen, auf denen solche Informationen beruhen, könnten sich möglicherweise als ungenau herausstellen, selbst wenn diese zum Zeitpunkt der Erstellung für vernünftig gehalten werden. Zukunftsgerichtete Aussagen können daher nicht als verlässlich gelten.
J. Scott Drever
J. Scott Drever, President
GOLDSOURCE MINES INC.
Kontaktperson: Fred Cooper
Telefon: (604) 694-1760
Fax: (604) 694-1761
Email: info@goldsourcemines.com
Website: www.goldsourcemines.com
570 Granville Street, Suite 501
Vancouver, British Columbia V6C 3P1
Die TSX Venture Exchange und deren Regulierungsorgane (in den Statuten der TSX Venture Exchange als Regulation Services Provider bezeichnet) übernehmen keinerlei Verantwortung für die Angemessenheit oder Genauigkeit dieser Meldung.
Für die Richtigkeit der Übersetzung wird keine Haftung übernommen! Bitte englische Originalmeldung beachten!
Die englische Originalmeldung finden Sie unter:
http://www.irw-press.at/press_html.aspx?messageID=15455
NEWSLETTER REGISTRIERUNG:
Aktuelle Pressemeldungen dieses Unternehmens direkt in Ihr Postfach:
http://www.irw-press.com/alert_subscription.php?lang=de∈=CA3…
Mitteilung übermittelt durch IRW-Press.com. Für den Inhalt ist der Aussender
verantwortlich.
Kostenloser Abdruck mit Quellenangabe erlaubt.
dpa-AFX
Westcore Initiates Winter Drilling Program near Hudson Bay,Saskatchewan
CALGARY,ALBERTA--(Marketwire - Dec. 11, 2009) - Westcore Energy Ltd. (TSX VENTURE:WTR) ("Westcore" or the "Corporation") is pleased to announce the start of the winter drilling program on its Hudson Bay Northproperty, located immediately north of Goldsource Mines Inc.'s Border property near Hudson Bay, Saskatchewan (see Figure accompanying this News Release). Drilling equipment is currently being mobilized to the property with drilling expected to begin by the weekend. DJ Drilling, of Aldergrove,B.C., has been contracted to provide the drilling services.
As announced earlier today, Westcore has entered into a binding agreement with Goldsource pursuant to which Goldsource has agreed to review all of Westcore's Fugro airborne geophysical data (see Westcore'sNews Release dated Dec. 11, 2009). Using their proprietary geophysical matrix developed during the course of their extensive exploration programs atthe Border property, Goldsource has identified a number of potential coal-bearing sub-basins on the Hudson Bay North property. Goldsource's success ratein locating coal deposits using its proprietary geophysical matrix is impressive, with 10 coal discovery holes out of 10 chosen targets (SGS Open House, Dec. 2, 2009). One of these hits includes Goldsource's largest discovery to date: the Niska Sub-basin, which is located 2.5 kilometres south of Westcore's property, and is reported to have Inferred Resources of approximately90 million tonnes (see Goldsource News Release dated Nov. 9, 2009).
Westcore intends to test one or two targets before the end of the year and then continue with their winter drilling program after the New Year, once winter roads have been constructed. Approximately 20 holes in total will be drilled as an initial test of the coal targets, from which plans will be made for further exploration of the property.
Ellen MacNeill, Professional Geoscientist in theProvince of Saskatchewan and Qualified Person for this news release, hasreviewed and approved its contents
http://www.marketwire.com/press-release/Westcore-Energy-Ltd-…
Hier mal Karten, wo man Westcore findet:
BORDER PROPERTY
The Border Property is Goldsource Mines’ flagship with 128,352 hectares in coal permits which focus on a recent coal discovery. Exploration drilling of geophysical targets in 2008 revealed the potential for a major coal deposit. The Company is currently in the process of delineation drilling which will hopefully lead to a resource estimation and preliminary assessment. Other targets are also being investigated as potential coal basins outside of the main 2008 discovery area.
http://www.goldsourcemines.com/properties/saskatchewan_borde…
Powder River Basin (Peabody Energy)- 20 metres of coal, Border Property has 100 metres of coal
Jetzt wünsche ich allen viel Spaß hier im Thread, gute Diskussionen und dabei eine Bitte noch:
---haltet die w.o. Regeln ein---
Zum Zeitpunkt der Erstellung des Threads bin ich noch nicht investiert in diese Aktie!!!!
Gruß
TimLuca
ich möchte hier mal einen Thread zu:
WESTCORE ENERGY - Aktie ISIN: CA95753R1091 | WTR
eröffnen.
Leider gibt es z.Z. noch keine HP von Westcore Energy Ltd., aber ich habe mit ein paar anderen USERN aus dem GXS-Thread mal ein paar Fakten zusammen getragen!!
Westcore completes QT, becomes coal miner
2009-05-06 13:45 PT - Qualifying Transaction
The TSX Venture Exchange has accepted for filing Westcore Energy Ltd.'s qualifying transaction described in its information circular dated March 30, 2009. As a result, at the opening on May 7, 2009, the company will no longer be considered a capital pool company.
The qualifying transaction involves the non-arm's-length acquisition of all rights, title and interest in certain Saskatchewan coal permits and a Manitoba quarry exploration permit (collectively, the assets) from Kenneth MacNeill, BEC International Corp., Lakeco Holdings Ltd. and T&N Holding Inc., pursuant to the terms of a purchase and sale agreement dated Jan.
15, 2009, as entered into between the company and the vendors.
William MacNeill is the principal shareholder of BEC and Lakeco and Thomas MacNeill is the principal shareholder of T&N.
The purchase price for the assets is approximately $2.4-million payable through the issuance of eight million common shares of the company at a deemed price of 30 cents per share and reimbursement of certain prior expenses of the vendors amounting to $190,914.
The eight million common shares issued to the vendors pursuant to the qualifying transaction are subject to escrow, with six million common shares subject to a Tier 2 surplus escrow agreement and two million common shares subject to a Tier 2 value escrow agreement.
The company is now classified as a mining company.
For a complete description of the qualifying transaction and the
business of the company, please refer to the company's information
circular dated March 30, 2009, as filed on SEDAR.
The exchange has been advised that the above transaction, as disclosed in the information circular, has been completed.
Insiders: BEC International (William MacNeill) two million; Lakeco
Holdings (William MacNeill) two million; T&N Holding two million;
Kenneth MacNeill two million
http://www.crmz.com/Report/ReportPreview.asp?BusinessId=1061…
Westcore Energy Ltd.
http://www.crmz.com/Report/ReportPreview.asp?BusinessId=1061…
Alle NEWS
http://www.marketwire.com/mw/search.do?params=&grpSearch=C&c…
Maps in PDF
http://www.wescangoldfields.com/_resources/maps/200908121043…
http://www.wescangoldfields.com/_resources/maps/200908121043…
http://www.alacrastore.com/company-snapshot/Westcore_Energy_…
DER FAKTENTHREAD zu Goldsource GXS, dort findet ihr auch alle wichtigen Informationen zu den Kohlefunden und dem JV-Partner GXS von WTR!!!!!!!
http://www.wallstreet-online.de/diskussion/1152282-61-70/fak…
IRW-PRESS: Goldsource Mines Inc.: Goldsource meldet Abschluß einer Vereinbarung mit Westcore Energy Ltd. zur Auffindung vorrangiger Kohle-Bohrziele in Saskatchewan
Goldsource meldet Abschluß einer Vereinbarung mit Westcore Energy Ltd. zur Auffindung vorrangiger Kohle-Bohrziele in Saskatchewan
VANCOUVER, B.C. 10. Dezember 2009 - Goldsource Mines Inc. (´Goldsource´) gibt bekannt, dass das Unternehmen eine Vereinbarung mit Westcore Energy Ltd. (´Westcore´) abgeschlossen hat. Gemäß dieser Vereinbarung stimmt Goldsource zu, seine patentrechtlich geschützte geophysikalische Matrix auf die von Westcore mittels Fugro-Messtechnik ermittelten geophysikalischen Flugmessdaten anzuwenden und spezielle Bohrstandorte auf seinen Kohle-Grundstücken in Saskatchewan und Manitoba auf Westcore zu übertragen, von denen Goldsource annimmt, dass dort mit hoher Wahrscheinlichkeit wichtige Kohleabschnitte durchteuft werden.
Goldsource hat seit der erstmaligen Entdeckung der Kohlevorkommen bei Border im April 2008 einen beträchtlichen Teil der Arbeiten abgeschlossen und umfangreiche Investitionen in die Entwicklung einer patentrechtlich geschützten geophysikalischen Matrix getätigt, die auf mittels Fugro-Messtechnik ermittelte geophysikalische Flugmessdaten angewendet werden kann. Damit läßt sich für potenzielle Kohle-Lagerstätten eine ´Signatur´ erstellen, die auf korrelierenden Daten aus geophysikalischen Meßflügen, elektronischen Bohrlochmessungen und geologischen Bodenanalysen mittels Bohrung basieren.
Diese Matrix wird zunächst auf die geophysikalischen Flugmessdaten angewendet, die Westcore mittels Fugro-Messtechnik in einem Kohle-Konzessionsgebiet, das unter dem Namen Hudson Bay North Block bekannt ist und unmittelbar an den nördlichen Bereich des Goldsource-Grundstück Border anschließt, ermittelt hat. Basierend auf den Ergebnissen dieser Analyse wird Goldsource Westcore die entsprechenden Koordinaten für vorrangige Bohrziele bekannt geben. Wenn die Ergebnisse für den Westcore-Konzessionsblock Hudson Bay North Block zufriedenstellend sind, wird auch das Datenmaterial aus anderen Kohle-Grundstücken von Westcore möglichst rasch ausgewertet.
Westcore wird zunächst 100.000 Stammaktien auf Goldsource übertragen. Für den Fall, dass Westcore im Rahmen seiner Bohrungen auf jedem der beiden von Goldsource identifizierten Bohrziele zumindest einen Kohleabschnitt von mindestens 10 Metern Mächtigkeit erfolgreich durchschneidet (Erfolgskriterien), treten die nachfolgenden Zusatzbedingungen in kraft:
(a) Westcore übergibt zusätzlich eine Million Stammaktien an Goldsource;
(b) Goldsource erhält eine 25%ige Förderbeteiligung an allen Kohlefeldern von Westcore in Saskatchewan und Manitoba;
(c) bevor Goldsource seinen Anteil von 25 % an den Ausgaben entrichtet, investiert Westcore zusätzlich 3 Millionen $ in die erwähnten Kohlefelder;
(d) Westcore und Goldsource unterzeichnen eine Joint-Venture-Vereinbarung (Verhältnis 75% / 25%), die den in der Bergbauindustrie gängigen Vertragsbestimmungen für Joint Ventures entspricht;
(e) Goldsource bringt jene 10 Kohlekonzessionsgebiete, die innerhalb des Hudson Bay North Block liegen und zu 100 % dem Unternehmen gehören, in die Vereinbarung ein. Der Hudson Bay North Block grenzt an das Grundstück Border in Saskatchewan, das ebenfalls Goldsource gehört;
(f) für den Fall, dass Westcore von Zeit zu Zeit Anteile an weiteren potenziellen Kohle-Grundstücken in Saskatchewan oder Manitoba erwirbt, erhält Goldsource die Möglichkeit, sich mit einer JV-Gewinnbeteiligung von 25 % daran zu beteiligen.
Sollten die Erfolgskriterien nur auf einem der von Goldsource identifizierten Zielgebiete erfüllt werden, wird Goldsource nur die Hälfte der begebbaren Aktien erhalten. Die übrigen der vorgenannten Bedingungen treten erst in kraft, wenn die Erfolgskriterien zur Gänze erfüllt werden. Zu diesem Zeitpunkt werden dann auch die noch ausstehenden Aktien übertragen.
President J. Scott Drever sagte: Wir sind ganz offenkundig der Meinung, dass diese Vereinbarung für beide Vertragsparteien Vorteile bringt. Aus Sicht von Goldsource bietet sich damit die Möglichkeit, unsere geophysikalischen Modelle auch in Gebieten außerhalb des Grundstücks Border zu testen und von sämtlichen Erfolgen, die Westcore erzielt, ebenfalls zu profitieren. Außerdem erschließen sich für uns damit auch andere aussichtsreiche Gebiete entlang des Durango-Trends in Saskatchewan und Manitoba, die unserer Meinung nach bedeutende Kohle-Lagerstätten bergen und deren Exploration für uns in diesem Fall mit nur geringen Investitionen verbunden ist.
Der Abschluss der Vereinbarung durch Westcore bedarf der Genehmigung durch die Börsenaufsicht.
N. Eric Fier, CPG, P.Eng. ist als qualifizierter Sachverständiger für diese Pressemeldung verantwortlich und hat den Inhalt geprüft und genehmigt.
Goldsource Mines Inc. ist ein kanadisches Ressourcenunternehmen, das sich auf die Exploration und Erschließung des neuesten kanadischen Kohlefelds in der Provinz Saskatchewan konzentriert. Das Unternehmen hat bisher nur einen Teilbereich dieses neuen Thermalkohlefeldes intensiv bebohrt und innerhalb des zur Bebohrung freigegebenen Projektgeländes Border 15 Kohlelagerstätten unterschiedlicher Größe mit Mächtigkeiten von bis zu 100 Meter entdeckt. Das finanzkräftige Unternehmen mit Sitz in Vancouver, BC wird von erfahrenen Bergbau- und Wirtschaftsexperten geleitet.
Diese Pressemitteilung enthält zukunftsgerichtete Aussagen, die sich auf zukünftige Ereignisse und Zustände beziehen und daher mit Risiken und Unsicherheiten behaftet sind. Die tatsächlichen Ergebnisse, die Programme und die Finanzlage des Unternehmens können wesentlich von jenen abweichen, die in diesen zukunftsgerichteten Aussagen vorausgesagt worden sind. Dafür kann es zahlreiche Gründe geben, von denen einige nicht im Einflussbereich des Unternehmens liegen. Zu diesen Gründen zählen u.a. die Verfügbarkeit von Finanzmitteln, Zeitpunkt und Inhalt von bevorstehenden Arbeitsprogrammen, Ergebnisse aus Explorations- und Erschließungsaktivitäten auf Rohstoffgrundstücken, Auswertung von Bohrergebnissen und anderen geologischen Daten, Unsicherheiten in bezug auf Ressourcen- und Reservenschätzungen, Erhalt und Fortbestand von Kohlelizenzen und Grundrechten, Projektkostenüberschreitungen und nicht vorhergesehene Ausgaben, Schwankungen bei den Waren- und Produktpreisen, Währungsschwankungen und die allgemeine Markt- und Branchensituation.
Zukunftsgerichtete Aussagen basieren auf den Erwartungen und Meinungen des Managements zum Zeitpunkt der Äußerung dieser Aussagen. Annahmen, auf denen solche Informationen beruhen, könnten sich möglicherweise als ungenau herausstellen, selbst wenn diese zum Zeitpunkt der Erstellung für vernünftig gehalten werden. Zukunftsgerichtete Aussagen können daher nicht als verlässlich gelten.
J. Scott Drever
J. Scott Drever, President
GOLDSOURCE MINES INC.
Kontaktperson: Fred Cooper
Telefon: (604) 694-1760
Fax: (604) 694-1761
Email: info@goldsourcemines.com
Website: www.goldsourcemines.com
570 Granville Street, Suite 501
Vancouver, British Columbia V6C 3P1
Die TSX Venture Exchange und deren Regulierungsorgane (in den Statuten der TSX Venture Exchange als Regulation Services Provider bezeichnet) übernehmen keinerlei Verantwortung für die Angemessenheit oder Genauigkeit dieser Meldung.
Für die Richtigkeit der Übersetzung wird keine Haftung übernommen! Bitte englische Originalmeldung beachten!
Die englische Originalmeldung finden Sie unter:
http://www.irw-press.at/press_html.aspx?messageID=15455
NEWSLETTER REGISTRIERUNG:
Aktuelle Pressemeldungen dieses Unternehmens direkt in Ihr Postfach:
http://www.irw-press.com/alert_subscription.php?lang=de∈=CA3…
Mitteilung übermittelt durch IRW-Press.com. Für den Inhalt ist der Aussender
verantwortlich.
Kostenloser Abdruck mit Quellenangabe erlaubt.
dpa-AFX
Westcore Initiates Winter Drilling Program near Hudson Bay,Saskatchewan
CALGARY,ALBERTA--(Marketwire - Dec. 11, 2009) - Westcore Energy Ltd. (TSX VENTURE:WTR) ("Westcore" or the "Corporation") is pleased to announce the start of the winter drilling program on its Hudson Bay Northproperty, located immediately north of Goldsource Mines Inc.'s Border property near Hudson Bay, Saskatchewan (see Figure accompanying this News Release). Drilling equipment is currently being mobilized to the property with drilling expected to begin by the weekend. DJ Drilling, of Aldergrove,B.C., has been contracted to provide the drilling services.
As announced earlier today, Westcore has entered into a binding agreement with Goldsource pursuant to which Goldsource has agreed to review all of Westcore's Fugro airborne geophysical data (see Westcore'sNews Release dated Dec. 11, 2009). Using their proprietary geophysical matrix developed during the course of their extensive exploration programs atthe Border property, Goldsource has identified a number of potential coal-bearing sub-basins on the Hudson Bay North property. Goldsource's success ratein locating coal deposits using its proprietary geophysical matrix is impressive, with 10 coal discovery holes out of 10 chosen targets (SGS Open House, Dec. 2, 2009). One of these hits includes Goldsource's largest discovery to date: the Niska Sub-basin, which is located 2.5 kilometres south of Westcore's property, and is reported to have Inferred Resources of approximately90 million tonnes (see Goldsource News Release dated Nov. 9, 2009).
Westcore intends to test one or two targets before the end of the year and then continue with their winter drilling program after the New Year, once winter roads have been constructed. Approximately 20 holes in total will be drilled as an initial test of the coal targets, from which plans will be made for further exploration of the property.
Ellen MacNeill, Professional Geoscientist in theProvince of Saskatchewan and Qualified Person for this news release, hasreviewed and approved its contents
http://www.marketwire.com/press-release/Westcore-Energy-Ltd-…
Hier mal Karten, wo man Westcore findet:
BORDER PROPERTY
The Border Property is Goldsource Mines’ flagship with 128,352 hectares in coal permits which focus on a recent coal discovery. Exploration drilling of geophysical targets in 2008 revealed the potential for a major coal deposit. The Company is currently in the process of delineation drilling which will hopefully lead to a resource estimation and preliminary assessment. Other targets are also being investigated as potential coal basins outside of the main 2008 discovery area.
http://www.goldsourcemines.com/properties/saskatchewan_borde…
Powder River Basin (Peabody Energy)- 20 metres of coal, Border Property has 100 metres of coal
Jetzt wünsche ich allen viel Spaß hier im Thread, gute Diskussionen und dabei eine Bitte noch:
---haltet die w.o. Regeln ein---
Zum Zeitpunkt der Erstellung des Threads bin ich noch nicht investiert in diese Aktie!!!!
Gruß
TimLuca
Hallo Tim_Luca ,
als ob ich es geahnt habe , hast Du aber richtig gemacht , einen besseren gibt es (fast) nicht !
Auch von mir , auf ein gutes gelingen !
gruss mike
als ob ich es geahnt habe , hast Du aber richtig gemacht , einen besseren gibt es (fast) nicht !
Auch von mir , auf ein gutes gelingen !
gruss mike
Antwort auf Beitrag Nr.: 38.571.758 von mike32 am 15.12.09 17:52:32Hallo,
Dec 17, 2009 18:59 ET
Westcore Announces Closing of $1.2 Million Flow-Through Offering, Issuance of Shares to Goldsource and Update Re Winter Drilling Program
CALGARY, ALBERTA--(Marketwire - Dec. 17, 2009) - Westcore Energy Ltd. ("Westcore" or the "Corporation") (TSX VENTURE:WTR) is pleased to announce that it has completed its recently announced offering with the issuance of 2,000,000 flow-through shares at a price of $0.60 for aggregate gross proceeds of $1,200,000. The sole subscriber under this offering was 49 North 2009 Resource Flow-Through Limited Partnership, an affiliate of 49 North Resources Inc., which is an Insider of the Corporation. Proceeds from this offering will be used in connection with the Corporation's recently announced winter drilling program. In accordance with applicable securities laws, the foregoing common shares are subject to a four-month hold period that will expire on April 18, 2010.
Westcore has also issued an aggregate of 100,000 common shares to Goldsource Mines Inc. ("Goldsource") in accordance with its agreement with Goldsource pursuant to which Goldsource has agreed to apply its proprietary geophysical matrix to Westcore's Fugro airborne geophysical data and to provide Westcore with specific drill sites on its Saskatchewan and Manitoba coal lands. In accordance with applicable securities laws, the foregoing common shares are subject to a four-month hold period that will expire on April 18, 2010.
As noted in Westcore's press release dated December 11, 2009 announcing the commencement of the Corporation's winter drilling program, Goldsource has provided the Corporation with the first two drill targets contemplated under its agreement with Westcore. Although Westcore initially anticipated accessing and drilling on those targets prior to the end of the year, it has since determined that access to these targets will be most effective via winter roads, which are expected to be constructed in the upcoming weeks.
Once those roads are completed, those initial targets will be accessed and tested. In the interim, Westcore continues to mobilize for the balance of its winter drilling program and is currently examining easy access drilling targets that it expects to be able to drill on in the immediate short term.
Ellen MacNeill, Professional Geoscientist in the Province of Saskatchewan and Qualified Person for this news release, has reviewed and approved its contents.
Forward Looking Statements
Except for statements of historical fact relating to the Corporation, certain information contained herein constitutes forward-looking statements. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. Except as required by applicable securities requirements, the Corporation undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of the release.
For more information, please contact
Westcore Energy Ltd.
Paul Conroy
President and Chief Executive Officer
(403) 697-4005
(403) 263-0271 (FAX)
Click here to see all recent news from this company
http://www.marketwire.com/press-release/Westcore-Energy-Ltd-…
Gruß
TimLuca
Dec 17, 2009 18:59 ET
Westcore Announces Closing of $1.2 Million Flow-Through Offering, Issuance of Shares to Goldsource and Update Re Winter Drilling Program
CALGARY, ALBERTA--(Marketwire - Dec. 17, 2009) - Westcore Energy Ltd. ("Westcore" or the "Corporation") (TSX VENTURE:WTR) is pleased to announce that it has completed its recently announced offering with the issuance of 2,000,000 flow-through shares at a price of $0.60 for aggregate gross proceeds of $1,200,000. The sole subscriber under this offering was 49 North 2009 Resource Flow-Through Limited Partnership, an affiliate of 49 North Resources Inc., which is an Insider of the Corporation. Proceeds from this offering will be used in connection with the Corporation's recently announced winter drilling program. In accordance with applicable securities laws, the foregoing common shares are subject to a four-month hold period that will expire on April 18, 2010.
Westcore has also issued an aggregate of 100,000 common shares to Goldsource Mines Inc. ("Goldsource") in accordance with its agreement with Goldsource pursuant to which Goldsource has agreed to apply its proprietary geophysical matrix to Westcore's Fugro airborne geophysical data and to provide Westcore with specific drill sites on its Saskatchewan and Manitoba coal lands. In accordance with applicable securities laws, the foregoing common shares are subject to a four-month hold period that will expire on April 18, 2010.
As noted in Westcore's press release dated December 11, 2009 announcing the commencement of the Corporation's winter drilling program, Goldsource has provided the Corporation with the first two drill targets contemplated under its agreement with Westcore. Although Westcore initially anticipated accessing and drilling on those targets prior to the end of the year, it has since determined that access to these targets will be most effective via winter roads, which are expected to be constructed in the upcoming weeks.
Once those roads are completed, those initial targets will be accessed and tested. In the interim, Westcore continues to mobilize for the balance of its winter drilling program and is currently examining easy access drilling targets that it expects to be able to drill on in the immediate short term.
Ellen MacNeill, Professional Geoscientist in the Province of Saskatchewan and Qualified Person for this news release, has reviewed and approved its contents.
Forward Looking Statements
Except for statements of historical fact relating to the Corporation, certain information contained herein constitutes forward-looking statements. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. Except as required by applicable securities requirements, the Corporation undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of the release.
For more information, please contact
Westcore Energy Ltd.
Paul Conroy
President and Chief Executive Officer
(403) 697-4005
(403) 263-0271 (FAX)
Click here to see all recent news from this company
http://www.marketwire.com/press-release/Westcore-Energy-Ltd-…
Gruß
TimLuca
Hab noch zwei Nachbarn gefunden aber keine unmittelbaren,
zum einen ist das Weststar Res. und Remstar Res.beide ca. 80-100km wech aber ebenfalls im DurangoTrend.
zum einen ist das Weststar Res. und Remstar Res.beide ca. 80-100km wech aber ebenfalls im DurangoTrend.
Antwort auf Beitrag Nr.: 38.619.323 von odin1603 am 22.12.09 18:13:58Hallo,
hast du mehr Info dazu, Karten, links oder so was.....?
Wäre dir sehr dankbar.....
Gruß
TimLuca
hast du mehr Info dazu, Karten, links oder so was.....?
Wäre dir sehr dankbar.....
Gruß
TimLuca
Die Karten und Links gibts vielleicht Morgen !!
Hier noch News von Westcore.
Westcore Announces 7.12 Metre Carbonaceous Zone Intersected in Preliminary Hudson Bay North Drill Hole
CALGARY, ALBERTA, Dec 22, 2009 (Marketwire via COMTEX News Network) --
Westcore Energy Ltd. ("Westcore" or the "Corporation") (TSX VENTURE:WTR) is pleased to report that it has completed a preliminary drill hole on its Hudson Bay North property, located immediately north of Goldsource Mines Inc.'s Border property. Hole WTRHB09-01 intersected a 7.12 metre thick carbonaceous zone starting at 47.45 metres below surface, consisting of coal fragments and narrow coal seams within a continuous black, carbonaceous mudstone/siltstone unit. The hole is located on the edge of a promising airborne geophysical target that suggests the centre of a potentially coal-bearing basin lies 1 km to the southeast. A road has been constructed into the centre of this target for the second scheduled drill hole, but warming temperatures precluded adequate frozen ground to hold heavy drilling equipment. Drilling has been postponed until early January in order to allow freezing ground conditions to improve. Accompanying this press release is a map showing the approximate location of this hole.
As described in Westcore's December 17, 2009, press release, the Corporation began its 2009-2010 winter drilling program this week by examining easy access drilling targets that it could drill in the immediate short term. Hole WTRHB09-01 was chosen by Westcore staff for its ease of access along previously existing logging roads, while winter roads are being constructed to the high-priority targets chosen by Goldsource (see news release dated December 11, 2009). That construction is currently ongoing.
Paul Conroy, President and CEO, states, "We are very encouraged to have recognized such positive results from what we consider to be a very preliminary, lower priority drilling target. Having already encountered a strong carbonaceous unit at relatively shallow depths in this first hole, we are very excited and look forward to moving to the centre of this target 1 km away when we return in January. Our success on this target also bodes well for the targets chosen for us by Goldsource, which have larger and more pronounced geophysical signatures than this target. The carbonaceous unit intersected in this hole is identical in appearance to what we encountered at our Black Diamond property, Manitoba, where a 33-metre coal zone was intersected last winter. The presence of these carbonaceous units, which typically envelope true coal seams, is an extremely encouraging development in our quest to make a new coal discovery in the New Year."
Ellen MacNeill, Professional Geoscientist in the Province of Saskatchewan and Qualified Person for this news release, has reviewed and approved its contents.
Forward Looking Statements
Except for statements of historical fact relating to the Corporation, certain information contained herein constitutes forward-looking statements. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. Except as required by applicable securities requirements, the Corporation undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.
Please click on the link below for a map showing the approximate location of hole WTRHB09-01:
http://cnrp.marketwire.com/cnrp_files/20091222-1222wtr_map.p…
SOURCE: Westcore Energy Ltd.
Westcore Energy Ltd. Paul Conroy President and Chief Executive Officer (403) 697-4005 (403) 263-0271 (FAX)
Copyright (C) 2009 Marketwire. All rights reserved.
Hier noch News von Westcore.
Westcore Announces 7.12 Metre Carbonaceous Zone Intersected in Preliminary Hudson Bay North Drill Hole
CALGARY, ALBERTA, Dec 22, 2009 (Marketwire via COMTEX News Network) --
Westcore Energy Ltd. ("Westcore" or the "Corporation") (TSX VENTURE:WTR) is pleased to report that it has completed a preliminary drill hole on its Hudson Bay North property, located immediately north of Goldsource Mines Inc.'s Border property. Hole WTRHB09-01 intersected a 7.12 metre thick carbonaceous zone starting at 47.45 metres below surface, consisting of coal fragments and narrow coal seams within a continuous black, carbonaceous mudstone/siltstone unit. The hole is located on the edge of a promising airborne geophysical target that suggests the centre of a potentially coal-bearing basin lies 1 km to the southeast. A road has been constructed into the centre of this target for the second scheduled drill hole, but warming temperatures precluded adequate frozen ground to hold heavy drilling equipment. Drilling has been postponed until early January in order to allow freezing ground conditions to improve. Accompanying this press release is a map showing the approximate location of this hole.
As described in Westcore's December 17, 2009, press release, the Corporation began its 2009-2010 winter drilling program this week by examining easy access drilling targets that it could drill in the immediate short term. Hole WTRHB09-01 was chosen by Westcore staff for its ease of access along previously existing logging roads, while winter roads are being constructed to the high-priority targets chosen by Goldsource (see news release dated December 11, 2009). That construction is currently ongoing.
Paul Conroy, President and CEO, states, "We are very encouraged to have recognized such positive results from what we consider to be a very preliminary, lower priority drilling target. Having already encountered a strong carbonaceous unit at relatively shallow depths in this first hole, we are very excited and look forward to moving to the centre of this target 1 km away when we return in January. Our success on this target also bodes well for the targets chosen for us by Goldsource, which have larger and more pronounced geophysical signatures than this target. The carbonaceous unit intersected in this hole is identical in appearance to what we encountered at our Black Diamond property, Manitoba, where a 33-metre coal zone was intersected last winter. The presence of these carbonaceous units, which typically envelope true coal seams, is an extremely encouraging development in our quest to make a new coal discovery in the New Year."
Ellen MacNeill, Professional Geoscientist in the Province of Saskatchewan and Qualified Person for this news release, has reviewed and approved its contents.
Forward Looking Statements
Except for statements of historical fact relating to the Corporation, certain information contained herein constitutes forward-looking statements. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. Except as required by applicable securities requirements, the Corporation undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.
Please click on the link below for a map showing the approximate location of hole WTRHB09-01:
http://cnrp.marketwire.com/cnrp_files/20091222-1222wtr_map.p…
SOURCE: Westcore Energy Ltd.
Westcore Energy Ltd. Paul Conroy President and Chief Executive Officer (403) 697-4005 (403) 263-0271 (FAX)
Copyright (C) 2009 Marketwire. All rights reserved.
Antwort auf Beitrag Nr.: 38.621.344 von odin1603 am 22.12.09 23:14:49Hallo,
danke für die Info, natürlich bekommst du dann auch die Map von mir......
Gruß
TimLuca
danke für die Info, natürlich bekommst du dann auch die Map von mir......
Gruß
TimLuca
Ach ich mach es doch gleich noch!
So hier die erste der Nachbarfirmen.
Remstar Resources
http://www.remstarresources.com/index.php/company/
Share Structure
Issued and outstanding: 38,589,056
Options: 3,697,000
Warrants: 3,461,694
Fully Diluted: 45,747,750
Stock Quote
Last: 0.075
Change: 0.00 (0.00%)
Prev Close: 0.075
Open: 0.065
Bid: 0.065
Trade Time: 3:20pm ET
Day's Range: 0.065 - 0.075
52wk Range: 0.03 - 0.14
Volume: 15,500
Ask: 0.075
Contact
Phone: (604) 669-5778
Fax: (604) 669-9768
Email: investors@remstarresources.com
So hier die erste der Nachbarfirmen.
Remstar Resources
http://www.remstarresources.com/index.php/company/
Share Structure
Issued and outstanding: 38,589,056
Options: 3,697,000
Warrants: 3,461,694
Fully Diluted: 45,747,750
Stock Quote
Last: 0.075
Change: 0.00 (0.00%)
Prev Close: 0.075
Open: 0.065
Bid: 0.065
Trade Time: 3:20pm ET
Day's Range: 0.065 - 0.075
52wk Range: 0.03 - 0.14
Volume: 15,500
Ask: 0.075
Contact
Phone: (604) 669-5778
Fax: (604) 669-9768
Email: investors@remstarresources.com
Und hier noch den 2. Nachbarn.
Weststar Res.
http://www.weststarresources.com/s/Home.asp
aktuelle Präsentation
http://www.weststarresources.com/Presentation/slide14.htm
ShareStructur
July 16, 2009
44,617,111 Issued and Outstanding
17,786,001 Total Warrants Outstanding
4,270,000 Total Stock Options Outstanding
66,673,112 Fully diluted
Corporate Head Office:
Suite 1128 - 789 West Pender Street
Vancouver, BC
Canada V6C 1H2
Tel: 604-669-9330
Fax: 604-669-9335
Toll Free: 1-866-669-9377
Weststar Res.
http://www.weststarresources.com/s/Home.asp
aktuelle Präsentation
http://www.weststarresources.com/Presentation/slide14.htm
ShareStructur
July 16, 2009
44,617,111 Issued and Outstanding
17,786,001 Total Warrants Outstanding
4,270,000 Total Stock Options Outstanding
66,673,112 Fully diluted
Corporate Head Office:
Suite 1128 - 789 West Pender Street
Vancouver, BC
Canada V6C 1H2
Tel: 604-669-9330
Fax: 604-669-9335
Toll Free: 1-866-669-9377
Antwort auf Beitrag Nr.: 38.621.450 von odin1603 am 22.12.09 23:39:20Hi,
danke!
Aber 140 km is das net ein bissel weit weg......
Wäre natürlich auch eine alternative, aber ich habe mich noch nciht damit beschäftigt, da zu weit weg.....
Siehe, Westcan, Wescore Energy usw.....
Gruß
TimLuca
danke!
Aber 140 km is das net ein bissel weit weg......
Wäre natürlich auch eine alternative, aber ich habe mich noch nciht damit beschäftigt, da zu weit weg.....
Siehe, Westcan, Wescore Energy usw.....
Gruß
TimLuca
Antwort auf Beitrag Nr.: 38.621.430 von TimLuca am 22.12.09 23:35:01Thx
Sehe gerade da ist ja noch einer den ich noch nicht auf der Liste hatte.Saturn Minerals.
Hab gerade mal bei den in den NR gestöbert und die arbeiten auch mit dem FUGRO Airborne Surveys.Wenn das ein Patentgeschütztes System ist was bekommt GXS eigentlich von Saturn für die Nutzung?
http://www.saturnminerals.com/news/09.09.17.pdf
"""""""""""""Vancouver, September 17, 2009 – Saturn Minerals Inc. – SMI: TSX.V (“Saturn”) & Swift
Resources Inc. – SWR: TSX.V (“Swift”) (the “Companies”), have received the final report from
Fugro Airborne Surveys describing the results of the 3,208 line-kilometre airborne geophysical survey
of the Companies’ coal dispositions near the town of Hudson Bay, Saskatchewan, and quarry
applications (for coal) in Manitoba.
Fugro’s GEOTEM Electromagnetic survey collected geophysical data from the Companies’ large land
holdings believed to be highly prospective for coal deposits similar to those discovered by Goldsource
Mines Inc. (GSX: TSX.V). The drilling of GEOTEM targets on adjacent properties by Goldsource have
established Fugro’s GEOTEM system as a powerful mapping tool for coal exploration in the area.
Data from the GEOTEM survey has provided a substantial amount of additional data over the
Companies’ properties, including the delineation of several high-priority targets that exhibit a similar
geophysical signature to existing coal discoveries in the area.
Additionally, preliminary comparison of certain targets identified from a ground-based gravity survey
conducted over the Companies’ properties (News Release, April 15, 2009) display similarities to highpriority
targets as identified in the Fugro GEOTEM report.""""""""""""""
http://www.saturnminerals.com/news/09.05.08.pdf
""""""""The successful drilling of GEOTEM targets on adjacent properties by Goldsource Mines Inc.
(GXS: TSX.V) and Westcore Energy Ltd. (WTR: TSX.V) have resulted in the discovery of
coal intersections up to 100 metres in vertical thickness. These discoveries have
established the GEOTEM system as a powerful stratigraphic mapping tool for coal
exploration in the Hudson Bay region.
The Companies also announce that they have commissioned the preparation of a NI 43-101
report which will incorporate the results of the Fugro airborne geophysical survey and the
recently completed gravity survey (news release, April 15, 2009).""""""""
Sehe gerade da ist ja noch einer den ich noch nicht auf der Liste hatte.Saturn Minerals.
Hab gerade mal bei den in den NR gestöbert und die arbeiten auch mit dem FUGRO Airborne Surveys.Wenn das ein Patentgeschütztes System ist was bekommt GXS eigentlich von Saturn für die Nutzung?
http://www.saturnminerals.com/news/09.09.17.pdf
"""""""""""""Vancouver, September 17, 2009 – Saturn Minerals Inc. – SMI: TSX.V (“Saturn”) & Swift
Resources Inc. – SWR: TSX.V (“Swift”) (the “Companies”), have received the final report from
Fugro Airborne Surveys describing the results of the 3,208 line-kilometre airborne geophysical survey
of the Companies’ coal dispositions near the town of Hudson Bay, Saskatchewan, and quarry
applications (for coal) in Manitoba.
Fugro’s GEOTEM Electromagnetic survey collected geophysical data from the Companies’ large land
holdings believed to be highly prospective for coal deposits similar to those discovered by Goldsource
Mines Inc. (GSX: TSX.V). The drilling of GEOTEM targets on adjacent properties by Goldsource have
established Fugro’s GEOTEM system as a powerful mapping tool for coal exploration in the area.
Data from the GEOTEM survey has provided a substantial amount of additional data over the
Companies’ properties, including the delineation of several high-priority targets that exhibit a similar
geophysical signature to existing coal discoveries in the area.
Additionally, preliminary comparison of certain targets identified from a ground-based gravity survey
conducted over the Companies’ properties (News Release, April 15, 2009) display similarities to highpriority
targets as identified in the Fugro GEOTEM report.""""""""""""""
http://www.saturnminerals.com/news/09.05.08.pdf
""""""""The successful drilling of GEOTEM targets on adjacent properties by Goldsource Mines Inc.
(GXS: TSX.V) and Westcore Energy Ltd. (WTR: TSX.V) have resulted in the discovery of
coal intersections up to 100 metres in vertical thickness. These discoveries have
established the GEOTEM system as a powerful stratigraphic mapping tool for coal
exploration in the Hudson Bay region.
The Companies also announce that they have commissioned the preparation of a NI 43-101
report which will incorporate the results of the Fugro airborne geophysical survey and the
recently completed gravity survey (news release, April 15, 2009).""""""""
Antwort auf Beitrag Nr.: 38.621.534 von odin1603 am 23.12.09 00:04:52Hab gerade mal bei den in den NR gestöbert und die arbeiten …
Gute Frage!
Gute Frage!
Antwort auf Beitrag Nr.: 38.621.544 von TimLuca am 23.12.09 00:07:58Na mal schauen ob man da noch was dazu rausbekommt.War ja glaube ich bei Wescan ebenso.
Aber nun mach ich erstmal Schluß.
gn8
Aber nun mach ich erstmal Schluß.
gn8
Companies announce Sask. coal discovery
Westcore Energy Ltd. has found a 7.12-metre-thick carbonaceous zone at its Hudson Bay North property.
http://www.thestarphoenix.com/business/Companies+announce+Sa…
Westcore Energy Ltd. has found a 7.12-metre-thick carbonaceous zone at its Hudson Bay North property.
http://www.thestarphoenix.com/business/Companies+announce+Sa…
Hallo,
morgen kein handel in Canada!!!
Gruß
TimLuca
morgen kein handel in Canada!!!
Gruß
TimLuca
WestCore Energy scheint mir doch recht interessante zu sein,vorallem in Verbindung mit GXS.Gibt ja auch einige Paralellen z.B. die niedrige Share-Zahl.............
http://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issu…
Aber auch die anderen Nachbarn (SMI;WGF) sind sehr interessant.
http://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issu…
Aber auch die anderen Nachbarn (SMI;WGF) sind sehr interessant.
Da wurde ganz schön eingesammelt von 49 North Resources Inc.
February 1, 2010
49 NORTH GROUP COMPLETES ROLL-OVER TRANSACTION
SASKATOON, SASKATCHEWAN - (Marketwire – February 1, 2010) 49 North Resources Inc.
(“49 North”) (TSX Venture: FNR) reports that it has completed its previously announced “Rollover
Transaction” with 49 North 2009 Resource Flow-Through Limited Partnership (the “2009
Fund”). Effective February 1, 2010, the 2009 Fund transferred substantially all of its assets –
valued at $7,572,149 - on a tax deferred “roll-over” basis to 49 North in exchange for 4,351,810
common shares of 49 North (the “Listed Shares”). Following the transfer, the 2009 Fund was
wound up and dissolved and the Listed Shares were distributed to the partners of the 2009 Fund.
As a result, each (former) limited partner of the 2009 Fund received approximately 5.2244 Listed
Shares for each limited partnership unit they formerly held in the 2009 Fund. The transaction
also resulted in the number of outstanding 49 North common shares increasing to 12,754,883
immediately after the transaction.
Additional information about 49 North and the 2009 Fund is available at www.sedar.com.
For more information contact:
49 North Resources Inc.
Tom MacNeill
President and Chief Executive Officer
306-653-2692 or ir@fnr.ca.
http://www.fnr.ca/files/jointpressrelease20100201.pdf
February 1, 2010
49 NORTH GROUP COMPLETES ROLL-OVER TRANSACTION
SASKATOON, SASKATCHEWAN - (Marketwire – February 1, 2010) 49 North Resources Inc.
(“49 North”) (TSX Venture: FNR) reports that it has completed its previously announced “Rollover
Transaction” with 49 North 2009 Resource Flow-Through Limited Partnership (the “2009
Fund”). Effective February 1, 2010, the 2009 Fund transferred substantially all of its assets –
valued at $7,572,149 - on a tax deferred “roll-over” basis to 49 North in exchange for 4,351,810
common shares of 49 North (the “Listed Shares”). Following the transfer, the 2009 Fund was
wound up and dissolved and the Listed Shares were distributed to the partners of the 2009 Fund.
As a result, each (former) limited partner of the 2009 Fund received approximately 5.2244 Listed
Shares for each limited partnership unit they formerly held in the 2009 Fund. The transaction
also resulted in the number of outstanding 49 North common shares increasing to 12,754,883
immediately after the transaction.
Additional information about 49 North and the 2009 Fund is available at www.sedar.com.
For more information contact:
49 North Resources Inc.
Tom MacNeill
President and Chief Executive Officer
306-653-2692 or ir@fnr.ca.
http://www.fnr.ca/files/jointpressrelease20100201.pdf
Westcore Intersects 41-, 42- and 46-Metre Coal Intercepts on Three Different Targets at Black Diamond Property, Manitoba, and a 5.5-Metre Coal Intercept on Hudson Bay North Property, Saskatchewan
3/22/2010 1:47:12 PM - Market Wire
CALGARY, ALBERTA, Mar 22, 2010 (Marketwire via COMTEX News Network) --
Westcore Energy Ltd. ("Westcore" or the "Corporation") (TSX VENTURE:WTR) is pleased to announce that it has completed its winter 2009/2010 drilling program on the Black Diamond and Hudson Bay North Properties. A total of 2,429 metres was drilled in 30 holes, resulting in the discovery of 4 new coal deposits.
Highlights of the winter program are as follows:
- 3 new deposits were discovered on the Black Diamond Property in Manitoba, and 1 new deposit on the Hudson Bay Property in Saskatchewan (see Figure 1).
- Total number of coal deposits discovered to date on Westcore properties is 5.
- Coal intercepts on the new discoveries range in thickness between 5 and 46 metres.
- 76 samples have been shipped to Birtley labs in Calgary for proximate analysis.
- The coal's appearance is black, dull to bright, and visually similar to high-quality thermal coals previously identified by Goldsource Mines Inc. ("Goldsource") on their Border Property, near Hudson Bay, Saskatchewan.
Both of Westcore's winter drilling programs in Saskatchewan and Manitoba were terminated nearly a month early due to record-breaking warm temperatures. This caused winter roads and ice bridges to deteriorate beyond the point of safe use. As a consequence, only 30 holes of a planned 48-hole program were drilled, leaving some of the high-priority targets untested.
BLACK DIAMOND PROPERTY SUMMARY
The plan for the 2010 winter drilling program at Black Diamond was to test the top 4 targets supplied to Westcore by Goldsource, utilizing their proprietary geophysical matrix as per the agreement made between the two companies (see Westcore's press release dated December 11, 2009). Roads and sites were built to all four targets, but soon after drilling began on March 3, it became apparent that spring-like conditions were going to persist. The decision was made to quickly move to as many targets as possible before deterioration of winter roads and ice bridges forced closure of the program. As a result, only 4 holes out of a planned 16-hole program were drilled: 2 holes on one target (Cyclops), and one hole each on two more targets (Ambit and Athena, see Figures 1 & 2). All three targets successfully returned very thick intercepts of coal, as summarized in Table 1. All together, 414 metres of HQ core was drilled.
Table 1: Black Diamond 2010 coal and carbonaceous intervals.
----------------------------------------------------------------------------
Coal Coal Coal
Target From To Interval Carbonaceous Zone
Hole # Name (m) (m) (m) (m)
----------------------------------------------------------------------------
BD10-02 Cyclops 43.50 85.50 42.00 42.07 - 95.70 = 53.63 m
----------------------------------------------------------------------------
BD10-03 Ambit 34.25 75.85 41.60 32.60 - 75.85 = 43.25 m
----------------------------------------------------------------------------
BD10-04 Athena 64.50 111.00 46.50 64.50 - 122.40 = 57.90 m
----------------------------------------------------------------------------
The coal intercepts are made up of nearly 100% coal from top to bottom, with very minor partings, as can be seen in the photo below. The coal generally occurs sandwiched between other carbon-bearing units, such as high-ash coal and carbonaceous sandstone, siltstone and mudstone. The coal and carbonaceous units together fall within what is termed a 'carbonaceous zone'. The overall width of the carbonaceous zone from each hole is detailed in Table 1. Due to various drilling and geological circumstances, all three coal-bearing holes were terminated before reaching the underlying Jurassic/Devonian units, typically used as the termination point for coal exploration. Therefore, the possibility exists that more coal could still occur at depth, as has been witnessed in some drill holes on Goldsource's Border Property (see multiple coal seams in Hole BD09-107, Goldsource news release dated August 24, 2009).
Hole BD10-01, located 281 metres north of Hole BD10-02 in the Cyclops area, did not intersect coal, having intersected shallow Jurassic/Devonian units at 27 m depth. The relationship between Holes 01 & 02 is typical of many coal basins discovered to date along the Durango Trend, in the Hudson Bay area. Based upon previous results reported by Westcore and Goldsource, it appears that drill holes that intersect 30+ metres of coal within basins whose bottoms are well over 100 metres below surface can encounter near-surface ( less than 30 metres) Jurassic-Devonian units in step-out holes that are located only 10's of metres away. This type of spatial relationship between nearby holes suggests that some coal basins are bounded by steep-angled walls that may, in some instances, turn out to be near-vertical, limestone 'cliffs'.
Photo: 46-metre, continuous coal intercept from Hole BD10-04, Black Diamond Property, MB.
http://cnrp.marketwire.com/cnrp_files/20100322-West_pic.pdf
HUDSON BAY NORTH PROPERTY SUMMARY
The purpose of the winter drilling program on the Hudson Bay North Property was to test four priority targets as selected by Goldsource. The program was shut down early for the same reasons as the Black Diamond project, and only 26 holes out of a planned 32-hole program were drilled, for a total of 2016.5 metres. Following is a summary of the four targets drill-tested this winter (refer to Figure 3).
Niska 2
This target is the highest priority target on the Hudson Bay Property and had been identified by Westcore as a potential target prior to receiving confirmation from Goldsource that it was also their highest priority target. Westcore made the decision to drill the target with a helicopter ahead of building a winter road to the area. Two holes were drilled (CO-01 & 02) but neither hit coal, having intersected Devonian limestone units at a shallow depth instead. Once the proprietary geophysical information was received from Goldsource, however, it became apparent that the two helicopter holes could have been drilled along the outer edges of a basin. As mentioned above, the coal basins in this general area can be bounded by steep, limestone cliffs, and it is entirely possible that a large basin exists between these two holes, which are separated by a distance of approximately 0.9 kilometres. Construction of a winter road into the area was started in mid-February; however, prolonged warm temperatures prevented adequate completion of the road. At this point, Westcore management feels the most economic approach to take before more drilling is conducted on their top priority target is to research different ground geophysical methods and select the one best suited to define the edges of the coal basin. Once ground surveys are completed, a far more efficient drilling program can be implemented.
Waskwei West
The first hole drilled into this target (HBN-11) intersected 8.1 metres of black, carbonaceous material before entering Jurassic units at 49.7 metres depth (Table 2). Hole HBN-12 stepped out 170 m to the south and was successful in intersecting a coal basin. The hole intersected a carbonaceous zone spanning 95.7 metres in width, within which a 25.5 metre higher density coal unit occurs, which in turn contains a 5.5 m lower-density coal unit. The hole was terminated in Jurassic units beginning at 143.4 metres below surface. Several step-out holes from the basin were drilled on existing roads (Holes HBN-13 through 17), but all five holes intersected narrow carbonaceous zones before entering Jurassic units at shallow depths, with nearly identical geology to Hole HBN-11. The seven holes drilled in this area once again illustrate that steep walls can bound the coal basins, especially evidenced by Holes HBN-12 and HBN-17, which are only 74 metres apart from each other. Westcore was preparing to build new winter roads to test the southerly extension of the basin when active logging operations began in the immediate area. It was decided to wait until logging operations terminated before returning to the area, but by then unseasonably warm temperatures precluded adequate winter road construction. As one of Goldsource's priority targets, Waskwei West warrants further investigation. It's steep and abrupt basin edges, as demonstrated by Holes HBN-12 & 17, makes this target a prime candidate for a ground-geophysical survey ahead of further drilling.
Table 2: Waskwei West coal and carbonaceous zone intervals.
----------------------------------------------------------------------------
Carbonaceous Zone
Hole # From (m) To (m) Interval (m)
----------------------------------------------------------------------------
HBN-11 39.0 47.1 8.1
----------------------------------------------------------------------------
HBN-12 41.2 136.9 95.7
----------------------------------------------------------------------------
Includes Coal Zone (1) 108.7 133.9 25.2
----------------------------------------------------------------------------
Includes Coal 117.8 123.3 5.5
----------------------------------------------------------------------------
HBN-13 35.7 36.4 0.7
----------------------------------------------------------------------------
HBN-14 41.8 42.1 0.3
----------------------------------------------------------------------------
HBN-15 45.1 47.8 2.7
----------------------------------------------------------------------------
HBN-16 36.2 43.2 7.0
----------------------------------------------------------------------------
HBN-17 43.7 45.0 1.3
----------------------------------------------------------------------------
(1) Coal Zone refers to a composite of lower and higher density coal
Stony Creek
Hole HBN-18, spotted on top of a priority target, failed to intersect coal, intersecting Jurassic units at shallow depths instead (45.8 metres below surface). To test the theory that we were once again dealing with steep-walled basins - and that Hole HBN-18 was situated on the outer edge of the basin - several step-out holes were drilled (Holes HBN-19 through HBN-22). All holes encountered shallow Jurassic units without intersecting any coal or carbonaceous material. It appears as though this target failed to represent a coal basin, however Hole HBN-20 intersected a 23.4 metre interval of dark grey mudstone/siltstone of unknown age (directly above Jurassic units) that displays very steep, consistent bedding angles (near vertical in dip). The steep bedding angles suggest this hole may have been located very near to the edge of a basin, the centre of which could still be located within the area of the Goldsource target, but the decision was made to cease drilling until ground geophysical surveys could be conducted.
Waskwei East
A lower-priority target selected by Goldsource occurs at the far southern tip of a roughly N-S, elongated geophysical anomaly. While a winter road was being constructed to this southerly point, two holes were drilled on the northern part of the anomaly (Holes HBN-23 & 24). Both intersected Devonian limestone directly below the glacial till. At this point, drilling operations were moved over to Manitoba while the remainder of the road was being constructed. However, warm temperatures caused the newly constructed road to soften too rapidly before the drill rig could be moved back to test the target. This target also warrants a ground geophysical survey to be conducted prior to any further drilling.
Other Drill Holes
Early in the program, while waiting for priority-target locations from Goldsource and winter road construction to be completed to those targets, Westcore conducted their own exploration drilling to test geophysical anomalies immediately accessible along existing logging roads. One such anomaly was reported in the Westcore news release dated December 22, 2010, where a 7.12-metre carbonaceous unit was intersected in Hole WTRHB09-01. As mentioned in that release, the geophysical data suggested the hole was located on the edge of a potential basin whose centre was 1 kilometre away. Hole HBN-02 was drilled there, but no coal was intersected (see Table 3). Several step-out holes from the initial hole were drilled to test if the carbonaceous zone expanded in any direction to include actual coal layers. Similar carbonaceous zones to Hole WTRHB09-01 were intersected, but a deeper basin with significant coal intercepts was never found. Table 2 summarizes the results of these holes.
Table 3: Carbonaceous intervals in vicinity of Hole HB09-01
----------------------------------------------------------------------------
Carbonaceous Zone
Hole # From (m) To (m) Interval (m)
----------------------------------------------------------------------------
WTRHB09-01 (1) 47.5 54.6 7.1
----------------------------------------------------------------------------
HBN-02 40.4 49.9 9.5
----------------------------------------------------------------------------
HBN-05 42.2 50.7 8.5
----------------------------------------------------------------------------
HBN-06 39.9 53.2 13.3
----------------------------------------------------------------------------
HBN-08 38.8 51.7 12.9
----------------------------------------------------------------------------
(1) Drill hole number taken from December 22, 2009 Westcore news release.
Drill holes HBN-03, HBN-04, HBN-07, HBN-09 and HBN-10, drilled on various geophysical anomalies, did not intersect any significant coal or carbonaceous units.
AGREEMENT WITH GOLDSOURCE
As noted in Westcore's news release dated December 11, 2009, Westcore's agreement with Goldsource defined the term, "Success Criteria" as the "successful drilling of at least one intercept consisting of not less than 10 metres of coal on each of two drill targets identified by Goldsource". As the Success Criteria have been satisfied, the following terms of the foregoing agreement will now take effect;
(a) Westcore will issue an additional 1.0 million common shares of Westcore
to Goldsource;
(b) Goldsource will receive a 25% working interest in all of Westcore coal
lands in Saskatchewan and Manitoba;
(c) Westcore will expend an additional $3.0 million on the aforementioned
lands before Goldsource will be required to contribute its 25% of
expenditures;
(d) Westcore and Goldsource will enter into a 75% / 25% joint venture
agreement with terms and conditions standard to mining industry joint
ventures;
(e) Goldsource will contribute its 100% interest in its 10 sections of
coal permits that are within Westcore's northern block adjacent to
Border in Saskatchewan; and
(f) In the event that Westcore acquires interests from time to time in any
additional prospective coal properties in Saskatchewan or Manitoba,
Goldsource shall have the option to acquire a 25% joint venture
participating interest therein.
Paul Conroy, President and CEO, states, "Our Black Diamond Property continues to dazzle us with spectacular coal intercepts at such shallow depths. It was unfortunate that a record-breaking warm winter dramatically shortened our drilling campaign this winter, as we feel confident that more discoveries will be made on both Westcore properties. To our favour, winter roads are now in place and can easily be opened up next winter for early access to all of our targets. We look forward to selecting the best ground-geophysical method available to accurately pinpoint the location of our basins before commencing any further drilling programs."
Ellen MacNeill, Professional Geoscientist in the Province of Saskatchewan and Qualified Person for this news release, has reviewed and approved its contents.
Forward Looking Statements
Except for statements of historical fact relating to the Corporation, certain information contained herein constitutes forward-looking statements. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. Except as required by applicable securities requirements, the Corporation undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.
To view Map 1, click on the link below:
http://cnrp.marketwire.com/cnrp_files/20100322-West_map1.pdf
To view Map 2, click on the link below:
http://cnrp.marketwire.com/cnrp_files/20100322-West_map2.pdf
To view Map 3, click on the link below:
http://cnrp.marketwire.com/cnrp_files/20100322-West_map3.pdf
SOURCE: Westcore Energy Ltd.
Westcore Energy Ltd. Paul Conroy President and Chief Executive Officer (403) 697-4005 (403) 263-0271 (FAX)
Copyright (C) 2010 Marketwire. All rights reserved.
http://www.stockhouse.com/tools/?page=%2FfinancialTools%2Fsn…
3/22/2010 1:47:12 PM - Market Wire
CALGARY, ALBERTA, Mar 22, 2010 (Marketwire via COMTEX News Network) --
Westcore Energy Ltd. ("Westcore" or the "Corporation") (TSX VENTURE:WTR) is pleased to announce that it has completed its winter 2009/2010 drilling program on the Black Diamond and Hudson Bay North Properties. A total of 2,429 metres was drilled in 30 holes, resulting in the discovery of 4 new coal deposits.
Highlights of the winter program are as follows:
- 3 new deposits were discovered on the Black Diamond Property in Manitoba, and 1 new deposit on the Hudson Bay Property in Saskatchewan (see Figure 1).
- Total number of coal deposits discovered to date on Westcore properties is 5.
- Coal intercepts on the new discoveries range in thickness between 5 and 46 metres.
- 76 samples have been shipped to Birtley labs in Calgary for proximate analysis.
- The coal's appearance is black, dull to bright, and visually similar to high-quality thermal coals previously identified by Goldsource Mines Inc. ("Goldsource") on their Border Property, near Hudson Bay, Saskatchewan.
Both of Westcore's winter drilling programs in Saskatchewan and Manitoba were terminated nearly a month early due to record-breaking warm temperatures. This caused winter roads and ice bridges to deteriorate beyond the point of safe use. As a consequence, only 30 holes of a planned 48-hole program were drilled, leaving some of the high-priority targets untested.
BLACK DIAMOND PROPERTY SUMMARY
The plan for the 2010 winter drilling program at Black Diamond was to test the top 4 targets supplied to Westcore by Goldsource, utilizing their proprietary geophysical matrix as per the agreement made between the two companies (see Westcore's press release dated December 11, 2009). Roads and sites were built to all four targets, but soon after drilling began on March 3, it became apparent that spring-like conditions were going to persist. The decision was made to quickly move to as many targets as possible before deterioration of winter roads and ice bridges forced closure of the program. As a result, only 4 holes out of a planned 16-hole program were drilled: 2 holes on one target (Cyclops), and one hole each on two more targets (Ambit and Athena, see Figures 1 & 2). All three targets successfully returned very thick intercepts of coal, as summarized in Table 1. All together, 414 metres of HQ core was drilled.
Table 1: Black Diamond 2010 coal and carbonaceous intervals.
----------------------------------------------------------------------------
Coal Coal Coal
Target From To Interval Carbonaceous Zone
Hole # Name (m) (m) (m) (m)
----------------------------------------------------------------------------
BD10-02 Cyclops 43.50 85.50 42.00 42.07 - 95.70 = 53.63 m
----------------------------------------------------------------------------
BD10-03 Ambit 34.25 75.85 41.60 32.60 - 75.85 = 43.25 m
----------------------------------------------------------------------------
BD10-04 Athena 64.50 111.00 46.50 64.50 - 122.40 = 57.90 m
----------------------------------------------------------------------------
The coal intercepts are made up of nearly 100% coal from top to bottom, with very minor partings, as can be seen in the photo below. The coal generally occurs sandwiched between other carbon-bearing units, such as high-ash coal and carbonaceous sandstone, siltstone and mudstone. The coal and carbonaceous units together fall within what is termed a 'carbonaceous zone'. The overall width of the carbonaceous zone from each hole is detailed in Table 1. Due to various drilling and geological circumstances, all three coal-bearing holes were terminated before reaching the underlying Jurassic/Devonian units, typically used as the termination point for coal exploration. Therefore, the possibility exists that more coal could still occur at depth, as has been witnessed in some drill holes on Goldsource's Border Property (see multiple coal seams in Hole BD09-107, Goldsource news release dated August 24, 2009).
Hole BD10-01, located 281 metres north of Hole BD10-02 in the Cyclops area, did not intersect coal, having intersected shallow Jurassic/Devonian units at 27 m depth. The relationship between Holes 01 & 02 is typical of many coal basins discovered to date along the Durango Trend, in the Hudson Bay area. Based upon previous results reported by Westcore and Goldsource, it appears that drill holes that intersect 30+ metres of coal within basins whose bottoms are well over 100 metres below surface can encounter near-surface ( less than 30 metres) Jurassic-Devonian units in step-out holes that are located only 10's of metres away. This type of spatial relationship between nearby holes suggests that some coal basins are bounded by steep-angled walls that may, in some instances, turn out to be near-vertical, limestone 'cliffs'.
Photo: 46-metre, continuous coal intercept from Hole BD10-04, Black Diamond Property, MB.
http://cnrp.marketwire.com/cnrp_files/20100322-West_pic.pdf
HUDSON BAY NORTH PROPERTY SUMMARY
The purpose of the winter drilling program on the Hudson Bay North Property was to test four priority targets as selected by Goldsource. The program was shut down early for the same reasons as the Black Diamond project, and only 26 holes out of a planned 32-hole program were drilled, for a total of 2016.5 metres. Following is a summary of the four targets drill-tested this winter (refer to Figure 3).
Niska 2
This target is the highest priority target on the Hudson Bay Property and had been identified by Westcore as a potential target prior to receiving confirmation from Goldsource that it was also their highest priority target. Westcore made the decision to drill the target with a helicopter ahead of building a winter road to the area. Two holes were drilled (CO-01 & 02) but neither hit coal, having intersected Devonian limestone units at a shallow depth instead. Once the proprietary geophysical information was received from Goldsource, however, it became apparent that the two helicopter holes could have been drilled along the outer edges of a basin. As mentioned above, the coal basins in this general area can be bounded by steep, limestone cliffs, and it is entirely possible that a large basin exists between these two holes, which are separated by a distance of approximately 0.9 kilometres. Construction of a winter road into the area was started in mid-February; however, prolonged warm temperatures prevented adequate completion of the road. At this point, Westcore management feels the most economic approach to take before more drilling is conducted on their top priority target is to research different ground geophysical methods and select the one best suited to define the edges of the coal basin. Once ground surveys are completed, a far more efficient drilling program can be implemented.
Waskwei West
The first hole drilled into this target (HBN-11) intersected 8.1 metres of black, carbonaceous material before entering Jurassic units at 49.7 metres depth (Table 2). Hole HBN-12 stepped out 170 m to the south and was successful in intersecting a coal basin. The hole intersected a carbonaceous zone spanning 95.7 metres in width, within which a 25.5 metre higher density coal unit occurs, which in turn contains a 5.5 m lower-density coal unit. The hole was terminated in Jurassic units beginning at 143.4 metres below surface. Several step-out holes from the basin were drilled on existing roads (Holes HBN-13 through 17), but all five holes intersected narrow carbonaceous zones before entering Jurassic units at shallow depths, with nearly identical geology to Hole HBN-11. The seven holes drilled in this area once again illustrate that steep walls can bound the coal basins, especially evidenced by Holes HBN-12 and HBN-17, which are only 74 metres apart from each other. Westcore was preparing to build new winter roads to test the southerly extension of the basin when active logging operations began in the immediate area. It was decided to wait until logging operations terminated before returning to the area, but by then unseasonably warm temperatures precluded adequate winter road construction. As one of Goldsource's priority targets, Waskwei West warrants further investigation. It's steep and abrupt basin edges, as demonstrated by Holes HBN-12 & 17, makes this target a prime candidate for a ground-geophysical survey ahead of further drilling.
Table 2: Waskwei West coal and carbonaceous zone intervals.
----------------------------------------------------------------------------
Carbonaceous Zone
Hole # From (m) To (m) Interval (m)
----------------------------------------------------------------------------
HBN-11 39.0 47.1 8.1
----------------------------------------------------------------------------
HBN-12 41.2 136.9 95.7
----------------------------------------------------------------------------
Includes Coal Zone (1) 108.7 133.9 25.2
----------------------------------------------------------------------------
Includes Coal 117.8 123.3 5.5
----------------------------------------------------------------------------
HBN-13 35.7 36.4 0.7
----------------------------------------------------------------------------
HBN-14 41.8 42.1 0.3
----------------------------------------------------------------------------
HBN-15 45.1 47.8 2.7
----------------------------------------------------------------------------
HBN-16 36.2 43.2 7.0
----------------------------------------------------------------------------
HBN-17 43.7 45.0 1.3
----------------------------------------------------------------------------
(1) Coal Zone refers to a composite of lower and higher density coal
Stony Creek
Hole HBN-18, spotted on top of a priority target, failed to intersect coal, intersecting Jurassic units at shallow depths instead (45.8 metres below surface). To test the theory that we were once again dealing with steep-walled basins - and that Hole HBN-18 was situated on the outer edge of the basin - several step-out holes were drilled (Holes HBN-19 through HBN-22). All holes encountered shallow Jurassic units without intersecting any coal or carbonaceous material. It appears as though this target failed to represent a coal basin, however Hole HBN-20 intersected a 23.4 metre interval of dark grey mudstone/siltstone of unknown age (directly above Jurassic units) that displays very steep, consistent bedding angles (near vertical in dip). The steep bedding angles suggest this hole may have been located very near to the edge of a basin, the centre of which could still be located within the area of the Goldsource target, but the decision was made to cease drilling until ground geophysical surveys could be conducted.
Waskwei East
A lower-priority target selected by Goldsource occurs at the far southern tip of a roughly N-S, elongated geophysical anomaly. While a winter road was being constructed to this southerly point, two holes were drilled on the northern part of the anomaly (Holes HBN-23 & 24). Both intersected Devonian limestone directly below the glacial till. At this point, drilling operations were moved over to Manitoba while the remainder of the road was being constructed. However, warm temperatures caused the newly constructed road to soften too rapidly before the drill rig could be moved back to test the target. This target also warrants a ground geophysical survey to be conducted prior to any further drilling.
Other Drill Holes
Early in the program, while waiting for priority-target locations from Goldsource and winter road construction to be completed to those targets, Westcore conducted their own exploration drilling to test geophysical anomalies immediately accessible along existing logging roads. One such anomaly was reported in the Westcore news release dated December 22, 2010, where a 7.12-metre carbonaceous unit was intersected in Hole WTRHB09-01. As mentioned in that release, the geophysical data suggested the hole was located on the edge of a potential basin whose centre was 1 kilometre away. Hole HBN-02 was drilled there, but no coal was intersected (see Table 3). Several step-out holes from the initial hole were drilled to test if the carbonaceous zone expanded in any direction to include actual coal layers. Similar carbonaceous zones to Hole WTRHB09-01 were intersected, but a deeper basin with significant coal intercepts was never found. Table 2 summarizes the results of these holes.
Table 3: Carbonaceous intervals in vicinity of Hole HB09-01
----------------------------------------------------------------------------
Carbonaceous Zone
Hole # From (m) To (m) Interval (m)
----------------------------------------------------------------------------
WTRHB09-01 (1) 47.5 54.6 7.1
----------------------------------------------------------------------------
HBN-02 40.4 49.9 9.5
----------------------------------------------------------------------------
HBN-05 42.2 50.7 8.5
----------------------------------------------------------------------------
HBN-06 39.9 53.2 13.3
----------------------------------------------------------------------------
HBN-08 38.8 51.7 12.9
----------------------------------------------------------------------------
(1) Drill hole number taken from December 22, 2009 Westcore news release.
Drill holes HBN-03, HBN-04, HBN-07, HBN-09 and HBN-10, drilled on various geophysical anomalies, did not intersect any significant coal or carbonaceous units.
AGREEMENT WITH GOLDSOURCE
As noted in Westcore's news release dated December 11, 2009, Westcore's agreement with Goldsource defined the term, "Success Criteria" as the "successful drilling of at least one intercept consisting of not less than 10 metres of coal on each of two drill targets identified by Goldsource". As the Success Criteria have been satisfied, the following terms of the foregoing agreement will now take effect;
(a) Westcore will issue an additional 1.0 million common shares of Westcore
to Goldsource;
(b) Goldsource will receive a 25% working interest in all of Westcore coal
lands in Saskatchewan and Manitoba;
(c) Westcore will expend an additional $3.0 million on the aforementioned
lands before Goldsource will be required to contribute its 25% of
expenditures;
(d) Westcore and Goldsource will enter into a 75% / 25% joint venture
agreement with terms and conditions standard to mining industry joint
ventures;
(e) Goldsource will contribute its 100% interest in its 10 sections of
coal permits that are within Westcore's northern block adjacent to
Border in Saskatchewan; and
(f) In the event that Westcore acquires interests from time to time in any
additional prospective coal properties in Saskatchewan or Manitoba,
Goldsource shall have the option to acquire a 25% joint venture
participating interest therein.
Paul Conroy, President and CEO, states, "Our Black Diamond Property continues to dazzle us with spectacular coal intercepts at such shallow depths. It was unfortunate that a record-breaking warm winter dramatically shortened our drilling campaign this winter, as we feel confident that more discoveries will be made on both Westcore properties. To our favour, winter roads are now in place and can easily be opened up next winter for early access to all of our targets. We look forward to selecting the best ground-geophysical method available to accurately pinpoint the location of our basins before commencing any further drilling programs."
Ellen MacNeill, Professional Geoscientist in the Province of Saskatchewan and Qualified Person for this news release, has reviewed and approved its contents.
Forward Looking Statements
Except for statements of historical fact relating to the Corporation, certain information contained herein constitutes forward-looking statements. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. Except as required by applicable securities requirements, the Corporation undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.
To view Map 1, click on the link below:
http://cnrp.marketwire.com/cnrp_files/20100322-West_map1.pdf
To view Map 2, click on the link below:
http://cnrp.marketwire.com/cnrp_files/20100322-West_map2.pdf
To view Map 3, click on the link below:
http://cnrp.marketwire.com/cnrp_files/20100322-West_map3.pdf
SOURCE: Westcore Energy Ltd.
Westcore Energy Ltd. Paul Conroy President and Chief Executive Officer (403) 697-4005 (403) 263-0271 (FAX)
Copyright (C) 2010 Marketwire. All rights reserved.
http://www.stockhouse.com/tools/?page=%2FfinancialTools%2Fsn…
Antwort auf Beitrag Nr.: 39.203.356 von odin1603 am 24.03.10 09:50:50Hallo,
danke fürs reinstellen.....
Hier habe ich noch mal die Bilder/Karten zu der NEWS!
Leider muss man das bohren ja einstellen, weil der Boden zu weich wird.
Both of Westcore's winter drilling programs in Saskatchewan and Manitoba were terminated nearly a month early due to record-breaking warm temperatures. This caused winter roads and ice bridges to deteriorate beyond the point of safe use. As a consequence, only 30 holes of a planned 48-hole program were drilled, leaving some of the high-priority targets untested.
Trotzdem wurde aber Kohle in einer dicke von 5 - 45 meter gefunden in 30 gebohrten Löchern. Geplant waren ja 48!!
Gruß
TimLuca
danke fürs reinstellen.....
Hier habe ich noch mal die Bilder/Karten zu der NEWS!
Leider muss man das bohren ja einstellen, weil der Boden zu weich wird.
Both of Westcore's winter drilling programs in Saskatchewan and Manitoba were terminated nearly a month early due to record-breaking warm temperatures. This caused winter roads and ice bridges to deteriorate beyond the point of safe use. As a consequence, only 30 holes of a planned 48-hole program were drilled, leaving some of the high-priority targets untested.
Trotzdem wurde aber Kohle in einer dicke von 5 - 45 meter gefunden in 30 gebohrten Löchern. Geplant waren ja 48!!
Gruß
TimLuca
wollt mal schauen wie es gxs's jv partner geht und siehe da, westcore seit einigen tagen nun wieder am markt handelbar und direkt kurstechnisch vors maul bekommen! was is da los? jemand ne ahnung? hat sich wohl mk technisch kurzerhand der von gxs angepasst!
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