Faktenthread zum Goldexplorer HY LAKE GOLD - 500 Beiträge pro Seite
eröffnet am 06.10.10 10:06:25 von
neuester Beitrag 02.05.12 20:35:23 von
neuester Beitrag 02.05.12 20:35:23 von
Beiträge: 13
ID: 1.160.321
ID: 1.160.321
Aufrufe heute: 0
Gesamt: 3.150
Gesamt: 3.150
Aktive User: 0
Top-Diskussionen
| Titel | letzter Beitrag | Aufrufe |
|---|---|---|
| 01.04.24, 10:52 | 378 | |
| gestern 21:20 | 294 | |
| heute 01:24 | 251 | |
| 22.06.20, 20:50 | 173 | |
| heute 00:34 | 168 | |
| gestern 19:37 | 142 | |
| gestern 22:23 | 127 | |
| gestern 23:03 | 118 |
Meistdiskutierte Wertpapiere
| Platz | vorher | Wertpapier | Kurs | Perf. % | Anzahl | ||
|---|---|---|---|---|---|---|---|
| 1. | 1. | 17.737,36 | -0,56 | 198 | |||
| 2. | 2. | 147,05 | -1,92 | 95 | |||
| 3. | 7. | 6,6320 | -1,43 | 70 | |||
| 4. | 5. | 0,1810 | -1,90 | 51 | |||
| 5. | Neu! | 713,65 | -23,14 | 46 | |||
| 6. | 8. | 3,7700 | +0,80 | 45 | |||
| 7. | 17. | 7,2900 | -0,21 | 43 | |||
| 8. | 4. | 2.390,60 | 0,00 | 41 |
Feedback
In diesem Thread sollen nur Fakten gepostet werden. Die Diskussion erfolgt im anderen Thread. Vielen Dank
Hier findet ihr die letzten NEWS
http://www.stockhouse.com/tools/?page=%2FFinancialTools%2Fsn…
Dies schriebt ubika letzte Woche noch über HYL
VR: Yes, absolutely. High Lake Gold (CNSX: HYL) is one of the companies which we have followed for some time. We didn’t talk about previously because the company is right now in a transition phase. We believe that it is one of the most undervalued and unheard stories. The company’s not that well known since it trades at the CNSX exchange which is an exchange for junior companies in Canada. But that is about to change. It is planning listing at the TSX Venture exchange, I believe, and it is expecting that listing some time in November. What is interesting about this company is that all its properties have past-producing mines and they’re all in the famous Red Lake district which is one of the most prolific gold mining districts in Canada, home to Gold Corp. and Lakeshore Gold (TSX: LSG) and a few other companies. All of High Lake’s properties are in that area. Its flagship property is Rowan property which is a joint option with Gold Corp. where High Lake has a 60 percent option. And we believe that it has owned the right to become an operator with Gold Corp. being 40 percent partner. So very strong exploration prospect with a strong management team backing this company. Worth watching as it charts a new course in its corporate evolution and hopefully lists at TSX Venture.
Hier findet ihr die letzten NEWS
http://www.stockhouse.com/tools/?page=%2FFinancialTools%2Fsn…
Dies schriebt ubika letzte Woche noch über HYL
VR: Yes, absolutely. High Lake Gold (CNSX: HYL) is one of the companies which we have followed for some time. We didn’t talk about previously because the company is right now in a transition phase. We believe that it is one of the most undervalued and unheard stories. The company’s not that well known since it trades at the CNSX exchange which is an exchange for junior companies in Canada. But that is about to change. It is planning listing at the TSX Venture exchange, I believe, and it is expecting that listing some time in November. What is interesting about this company is that all its properties have past-producing mines and they’re all in the famous Red Lake district which is one of the most prolific gold mining districts in Canada, home to Gold Corp. and Lakeshore Gold (TSX: LSG) and a few other companies. All of High Lake’s properties are in that area. Its flagship property is Rowan property which is a joint option with Gold Corp. where High Lake has a 60 percent option. And we believe that it has owned the right to become an operator with Gold Corp. being 40 percent partner. So very strong exploration prospect with a strong management team backing this company. Worth watching as it charts a new course in its corporate evolution and hopefully lists at TSX Venture.
Link zur "Complex Structural Study of theWest Red Lake Area Northwestern Ontario, Canada"
http://www.hylake.com/pdfs/Complex%20structural%20study%20of…
http://www.hylake.com/pdfs/Complex%20structural%20study%20of…
Antwort auf Beitrag Nr.: 40.271.819 von buy am 06.10.10 10:11:17Von Exxon aus dem Nachbarthread kopiert!
HyLake Gold ist ein junges Explorerunternehmen mit Liegenschaften in einem der profitabelsten Goldabbaugebiete der Welt, dem Red Lake in Ontario, Kanada!
Hylake Gold WKN A0ML8W wird seit 2007 an der Frankfurter Börse notiert und konnte in seinen Anfangsjahren sehr schnell Erfolge und Gebietszuwächse verbuchen!
Mit Beginn der Finanz- und Wirtschaftskrise konnte sich auch dieser Wert nicht dem allgemeinen Trend entziehen und wurde im Kurs nach unten gezogen. Weitere geplante Aktivitäten mussten der neuen Situation angepasst werden, was erhebliche Zeitverzögerungen mit sich brachte, wie man heute sehen kann. Hinter den Kulissen wurde jedoch fleissig weitergearbeitet und man konnte trotz gebeutelten Kursständen seine Aktivitäten weiter planen und sogar durch einige wichtige Gebietszukäufe erweitern.
Hylake Gold´s Liegenschaften sind im Herzen des Red Lakes´s angesiedelt, etwa rund 20 km westlich von Goldcorps Hauptsitz und der RedLakeGoldMine-Minenregion mit PremierGold, sowie der erst letzten Jahres aufgekauften GoldEagleMines (ca. 12 km östlich von Hylake in Trendrichtung!)Die Hauptliegenschaften umfassen ein Areal von rund 12-16 km in der Breite in Haupttrendrichtung von West nach Ost. Auf den Liegenschaften Mt.Jamie, Rowan und Red Summit befinden sich zudem 3 komplette Minenanlagen, auf welchen auch Gold gefördert wurde, bei Rowan sogar bis in die 80er Jahre hinein. In die Tiefe wurden diese Areale in den letzten Jahrzehnten nicht exploriert, auch aufgrund des niedrigen Goldpreises, in dieser Zeitspanne wurden viele Explorationsarbeiten auf Halde gelegt mangels Finanzierungen sowie Rentabilität. Nun rücken diese erfolgversprechenden Areale dank des Goldpreises wieder in den Hauptblickpunkt, nicht zuletzt, weil auch die großen Produzenten zunehmend nach gewinnbringenden Liegenschaften Ausschau halten.
Wie schon angesprochen, die Tiefe der Areale sind noch jungfräulich, jedoch die vielen Oberflächenbohrungen versprachen in den letzten Jahren die typischen hohen Gehalte auf wenige Meter, die prädestiniert sind für den RedLake-Trend. Die ausgewiesenen Drill-Results machten jedenfalls auch Goldcorp hellhörig, was dann in einer JV-Vereinbarung im Dezember 2007 besiegelt wurde.In diesem JV wurde vereinbart, daß Hylake Gold innerhalb von 3 Jahren 2.5 Mio Dollar Explorationskosten in das Rowan-Areal zu investieren hat, um 60% der Liegenschaft als OPERATOR zu erwerben. Stand September 2010 ist, das bisher rund 2.2 Mio in die Erforschung der Liegenschaft gesteckt wurden und bis Jahresende die Verkündung des JV seitens HyLake Gold erfolgen wird.
Ein Ni 43-101 für Mt.Jamie und Rowan wurden ebenfalls in 2010 erstellt und werden in Kürze, gemeinsam mit dem Wechsel an die TSX.V veröffentlicht werden, was dem Wert Hylake einen weiteren Investorenzugang sowie die erforderliche Aufmerksamkeit bringen wird.
Die NI 43-101 sollen dann in 2011, nach weiteren zielgerichteten Drillprogrammen um die neu hinzugewonnenen und erforschten Ressourcen upgedated werden. Zielgerichtete Drillprogramme werden nun einfacher werden, da im Jahr 2010 anhand einer sehr komplexen Sudie die kompletten Liegenschaften und deren Verbindungen untereinander analysiert wurden. Es wurden vortreffliche Ziele lokalisiert, zudem der Beweis erbracht, das die Goldadern und strecken exakt der Gesteinsformation entsprechen, die seinerzeit RLGM und GEA Ihre Erfolge brachten. Diese Zielzonen werden in 2011 zielgerichtet durch ausgeweitete Drillprogramme sowohl an Mt. Jamie und Rowan lokalisiert und analysiert werden.
Des weiteren besteht die Möglichkeit, aufgrund der respektablen Auswertungen an der Oberfläche, die Mt.Jamie Region in 2 Phasen auf Gold zu untersuchen.
Phase 1 wäre eine "open pit Variante (Tagebau)", die im Moment auf Machbarkeit und Durchführung bis runter in die Tiefe von 400m durch eine Goldcorp Studie analysiert wird.
Die guten Ergebnisse selbst in 23 Metern Tiefer sprechen in dieser Area eine eindeutige Sprache. Eine Mühle in der Campbell-Area stünde für den Abraum bereit, um schnell Ergebnisse erzielen zu können und Cash zu generieren, da sowohl auf Red Summit ebenfalls Abraum in Höhe von 1.000 Tonnen mit guten Goldgehalten bereits gefördert wurde und auf Halde liegt. Wie gesagt, dies gilt es noch entsprechend zu analysieren und dann gegebenenfalls schnell voran zu treiben.
Phase 2 wäre dann die Wiederinbetriebnahme der noch vorhandenen Minenanlage und der Ausbau der bestehenden Schächte und Stollen.
Im Moment sind rund 34 Mio Aktien am Markt mit einer MK von rund 4 Mio Euro was keinerlei Verwässerung für einen Explorer in diesem Stadium darstellt, da das Management wirklich zielgerichtet an seinen Vorhaben festhält und den Wert durch umsichtiges Handeln step by step weiter voran treibt, ohne die Aktionäre durch ein "Share-um-sich-werfen" zu verärgern. Alleine die Liegenschaften haben eine deutlich höhere Bewertung als die kleine MK von 4 Mio.
Mein persönliches Kursziel von HyLake Gold liegt Ende 2011 bei über 1 Euro, was jedoch keinerlei Kauf- und Verkaufsempfehlung darstellt, sondern sich nur rein rechnerisch nach meinem Befinden und den evtl. Ressourcen berechnet, die in den Claims von HyLake zu erwarten sind, nach meiner persönlichen Einschätzung und den bis dato nach meiner persönlichen Einschätzung ausgegebenen Share-Anzahl. Eine genauere Bewertung der Liegenschaften sollten aber erst nach der NI 43-101 Veröffentlichung und dann im Jahr 2011 nach den Bohrprogrammen und den Ergebnissen analysiert werden.
Als Anlage hier einige Bilder, um sich den Wert und seine Liegenschaften besser vorstellen zu können
HyLake Gold ist ein junges Explorerunternehmen mit Liegenschaften in einem der profitabelsten Goldabbaugebiete der Welt, dem Red Lake in Ontario, Kanada!
Hylake Gold WKN A0ML8W wird seit 2007 an der Frankfurter Börse notiert und konnte in seinen Anfangsjahren sehr schnell Erfolge und Gebietszuwächse verbuchen!
Mit Beginn der Finanz- und Wirtschaftskrise konnte sich auch dieser Wert nicht dem allgemeinen Trend entziehen und wurde im Kurs nach unten gezogen. Weitere geplante Aktivitäten mussten der neuen Situation angepasst werden, was erhebliche Zeitverzögerungen mit sich brachte, wie man heute sehen kann. Hinter den Kulissen wurde jedoch fleissig weitergearbeitet und man konnte trotz gebeutelten Kursständen seine Aktivitäten weiter planen und sogar durch einige wichtige Gebietszukäufe erweitern.
Hylake Gold´s Liegenschaften sind im Herzen des Red Lakes´s angesiedelt, etwa rund 20 km westlich von Goldcorps Hauptsitz und der RedLakeGoldMine-Minenregion mit PremierGold, sowie der erst letzten Jahres aufgekauften GoldEagleMines (ca. 12 km östlich von Hylake in Trendrichtung!)Die Hauptliegenschaften umfassen ein Areal von rund 12-16 km in der Breite in Haupttrendrichtung von West nach Ost. Auf den Liegenschaften Mt.Jamie, Rowan und Red Summit befinden sich zudem 3 komplette Minenanlagen, auf welchen auch Gold gefördert wurde, bei Rowan sogar bis in die 80er Jahre hinein. In die Tiefe wurden diese Areale in den letzten Jahrzehnten nicht exploriert, auch aufgrund des niedrigen Goldpreises, in dieser Zeitspanne wurden viele Explorationsarbeiten auf Halde gelegt mangels Finanzierungen sowie Rentabilität. Nun rücken diese erfolgversprechenden Areale dank des Goldpreises wieder in den Hauptblickpunkt, nicht zuletzt, weil auch die großen Produzenten zunehmend nach gewinnbringenden Liegenschaften Ausschau halten.
Wie schon angesprochen, die Tiefe der Areale sind noch jungfräulich, jedoch die vielen Oberflächenbohrungen versprachen in den letzten Jahren die typischen hohen Gehalte auf wenige Meter, die prädestiniert sind für den RedLake-Trend. Die ausgewiesenen Drill-Results machten jedenfalls auch Goldcorp hellhörig, was dann in einer JV-Vereinbarung im Dezember 2007 besiegelt wurde.In diesem JV wurde vereinbart, daß Hylake Gold innerhalb von 3 Jahren 2.5 Mio Dollar Explorationskosten in das Rowan-Areal zu investieren hat, um 60% der Liegenschaft als OPERATOR zu erwerben. Stand September 2010 ist, das bisher rund 2.2 Mio in die Erforschung der Liegenschaft gesteckt wurden und bis Jahresende die Verkündung des JV seitens HyLake Gold erfolgen wird.
Ein Ni 43-101 für Mt.Jamie und Rowan wurden ebenfalls in 2010 erstellt und werden in Kürze, gemeinsam mit dem Wechsel an die TSX.V veröffentlicht werden, was dem Wert Hylake einen weiteren Investorenzugang sowie die erforderliche Aufmerksamkeit bringen wird.
Die NI 43-101 sollen dann in 2011, nach weiteren zielgerichteten Drillprogrammen um die neu hinzugewonnenen und erforschten Ressourcen upgedated werden. Zielgerichtete Drillprogramme werden nun einfacher werden, da im Jahr 2010 anhand einer sehr komplexen Sudie die kompletten Liegenschaften und deren Verbindungen untereinander analysiert wurden. Es wurden vortreffliche Ziele lokalisiert, zudem der Beweis erbracht, das die Goldadern und strecken exakt der Gesteinsformation entsprechen, die seinerzeit RLGM und GEA Ihre Erfolge brachten. Diese Zielzonen werden in 2011 zielgerichtet durch ausgeweitete Drillprogramme sowohl an Mt. Jamie und Rowan lokalisiert und analysiert werden.
Des weiteren besteht die Möglichkeit, aufgrund der respektablen Auswertungen an der Oberfläche, die Mt.Jamie Region in 2 Phasen auf Gold zu untersuchen.
Phase 1 wäre eine "open pit Variante (Tagebau)", die im Moment auf Machbarkeit und Durchführung bis runter in die Tiefe von 400m durch eine Goldcorp Studie analysiert wird.
Die guten Ergebnisse selbst in 23 Metern Tiefer sprechen in dieser Area eine eindeutige Sprache. Eine Mühle in der Campbell-Area stünde für den Abraum bereit, um schnell Ergebnisse erzielen zu können und Cash zu generieren, da sowohl auf Red Summit ebenfalls Abraum in Höhe von 1.000 Tonnen mit guten Goldgehalten bereits gefördert wurde und auf Halde liegt. Wie gesagt, dies gilt es noch entsprechend zu analysieren und dann gegebenenfalls schnell voran zu treiben.
Phase 2 wäre dann die Wiederinbetriebnahme der noch vorhandenen Minenanlage und der Ausbau der bestehenden Schächte und Stollen.
Im Moment sind rund 34 Mio Aktien am Markt mit einer MK von rund 4 Mio Euro was keinerlei Verwässerung für einen Explorer in diesem Stadium darstellt, da das Management wirklich zielgerichtet an seinen Vorhaben festhält und den Wert durch umsichtiges Handeln step by step weiter voran treibt, ohne die Aktionäre durch ein "Share-um-sich-werfen" zu verärgern. Alleine die Liegenschaften haben eine deutlich höhere Bewertung als die kleine MK von 4 Mio.
Mein persönliches Kursziel von HyLake Gold liegt Ende 2011 bei über 1 Euro, was jedoch keinerlei Kauf- und Verkaufsempfehlung darstellt, sondern sich nur rein rechnerisch nach meinem Befinden und den evtl. Ressourcen berechnet, die in den Claims von HyLake zu erwarten sind, nach meiner persönlichen Einschätzung und den bis dato nach meiner persönlichen Einschätzung ausgegebenen Share-Anzahl. Eine genauere Bewertung der Liegenschaften sollten aber erst nach der NI 43-101 Veröffentlichung und dann im Jahr 2011 nach den Bohrprogrammen und den Ergebnissen analysiert werden.
Als Anlage hier einige Bilder, um sich den Wert und seine Liegenschaften besser vorstellen zu können
NEWS !
http://www.stockhouse.com/tools/?page=%2FFinancialTools%2Fsn…
Hy Lake Gold Completes Latest Phase of Exploration at Rowan Lake Property
10/12/2010 4:40 PM - FSC
Toronto, ON October 12, 2010
FSC / Press Release
Hy Lake Gold Completes Latest Phase of Exploration at Rowan Lake Property
Toronto, Ontario CANADA, October 12, 2010 /FSC/ - Hy Lake Gold Inc. (HYL - CNSX, HYK - FWB), is pleased to announce that it has completed a 9-hole drilling program at its Rowan Lake property optioned from Goldcorp's Red Lake Gold Mines (see news release dated August 10, 2010). The program focused on two areas of interest. Firstly, drilling targeted the east and down dip extensions of the Rowan Main Zones. Secondly, drilling targeted the northeast extension of a large mineralized structural zone discovered on the Newman-Todd property south of the Rowan Lake property (see Figure 1).
To view Figure 1, click on the link below or paste the link into your browser:
http://www.usetdas.com/maps/hylake/Hy Lake Rowan Lake Property.pdf
Four holes, totaling 1,509 metres, targeted the Rowan Zones and five holes, totaling 1147 metres, targeted the Newman-Todd structure (see Table 1 and Figure 2).
To view Figure 2, click on the link below or paste the link into your browser:
http://www.usetdas.com/maps/hylake/Newman-Todd structure.pdf
Highlights: Rowan Zones
* All holes intersected several quartz vein and structural zones consistent with previous drilling.
* Historically the vein / structural zones in the Rowan area are often associated with trace amounts of base metals and occasionally with visible gold, this drill program successfully intersecting this style of mineralization.
* Presently, the zone has a strike length of over 800 metres and remains open along strike, to the east and west, and at depth.
Highlights: Newman-Todd Structure
* All holes intersected the structural zone which extends for over two kilometres to the southwest onto the Newman-Todd property and is open along strike to the northeast and at depth.
* Mineralized zones consisted of sulphide and magnetite replacement zones with an Fe-carbonate alteration / breccia zone.
----------------------------------------------------------------------Hole Number North East Elevation length Dip Azimuth Zone ----------------------------------------------------------------------HYR-10-24 5658022 422062 367.70 300.00 -45 180 Rowan----------------------------------------------------------------------HYR-10-25 5658022 422062 367.70 501.00 -67 180 Rowan----------------------------------------------------------------------HYR-10-26 5658022 422122 350.00 345.00 -45 175 Rowan----------------------------------------------------------------------HYR-10-27 5658022 422122 350.00 363.00 -60 172 Rowan----------------------------------------------------------------------HYR-10-28 5656905 421399 379.00 264.00 -50 320 N-TS ----------------------------------------------------------------------HYR-10-29 5656906 421399 379.00 321.00 -80 320 N-TS ----------------------------------------------------------------------HYR-10-30 5656940 421511 369.00 117.00 -55 310 N-TS ----------------------------------------------------------------------HYR-10-31 5656912 421403 379.00 282.76 -70 30 N-TS ----------------------------------------------------------------------HYR-10-32 5656919 421399 379.00 162.00 -75 275 N-TS ----------------------------------------------------------------------Table 1
Bob Singh, P.Geo., who is a qualified person under the definition of National Instrument 43-101, has reviewed the technical information contained in this press release which was provided by Hy Lake Gold Inc. Core samples from the Rowan program were cut in half using a diamond cutting saw and sent to SGS Minerals Services, an accredited mineral analysis laboratory in Red Lake, Ontario, for preparation and analysis utilizing both fire assay and screen metallic methods. Certified gold reference standards, blanks and field duplicates were routinely inserted into the sample stream as part of Hy Lake's quality control/quality assurance program.
Chibougamau Diamond Drilling Ltd. of Chibougamau, Quebec mobilized a drill rig to the property and completed this drilling program as the initial phase of a 10,000 meter contract with the Company.
About the Rowan Lake Mine Property
The 117-claim Rowan Lake Mine property was optioned from Goldcorp's Red Lake Gold Mines in December 2007. Hy Lake Gold is earning a 60% interest, as operator, in the property by spending $2,500,000 over three years (see news release dated December 13, 2007).
The Rowan property has been explored for gold since the Red Lake Gold Rush of the late 1920's. As a consequence, several surface gold showings have been discovered, the Rowan mine veins are considered the most prospective and therefore the most developed. On the eastern portion of the property near Martin Bay other commodities including base metals, silver and tungsten were also found.
The property lies within a regionally defined northwest trending structural feature known as the Pipestone Bay - St Paul Bay Deformation Zone. This zone has within it three advanced gold occurrences including the Red Summit, Rowan and the Mt. Jamie mines. The prized Balmer-Confederation aged unconformity occurs both on the northern and southern portions of the Rowan property as are folded iron formations and ultramafic units that have been shown to be prime hosts for the deposition for gold in the Red Lake Camp. Recently, the interpretation of sets of intersecting structures has created several new, high priority targets. The interference patterns produced by the intersection of multiple structures are potential dilation traps. The Golden Arm ultramafic structure and the Pipestone Bay - St. Paul Bay Deformation Zone is one such set. Another set includes two anticlines that converge at the fold closure to the east of the Rowan shaft zones. Mineralized intersection of structures, proximity to regional unconformity and favourable associated lithologies, such as iron formations and ultramafics, draw strong comparisons between Rowan Lake and the discoveries in the east part of the Red Lake Camp.
The property hosts the past producing Rowan Mine site, which was in development from the late 1930s to the 1950s. It consisted of a vertical shaft and three levels including an adit on the 1st level. During this time underground exploration consisted of drifting/raising along five (5) separate veins. In 1984, a bulk test was conducted on the central portion of the main shaft zone from the adit level to surface using a 91 cm wide shrinkage mining method. This bulk test was processed at Dickenson Mines Limited mill in Balmertown and returned 610 ounces for a recovered grade of 0.25 ounces per ton. From this test, the main shaft zone vein (MSZ) returned an average vein graded of 40 gpt (1.27 opt) from 602 samples. Dickenson Mines continued to evaluate the economics of extracting these resources and concluded a mineable reserve of 34,850 tons at 0.37 ounces per ton cut over 3.3 feet. A mine plan was developed by Strathcona Minerals accessing the deposit using a ramp/decline. Five longitudinal sections were created of the known zones and these zones and their extensions were targeted during subsequent exploration efforts.
In 1989-1990 Chevron Minerals had the property under an option agreement and drilled several holes testing the depth and strike continuity of this system. An inferred resource of 798,000 tonnes at 4.7 gpt grade over a 1.5 metre diluted width contained within 10 zones was calculated. Since then, Goldcorp Inc., Kings Bay and Hy Lake Gold Inc. have drilled to either find new mineralized zones or extend known zones along strike and dip.
Currently, Hy Lake Gold has an option on the property from Goldcorp's Red Lake Gold Mines. The 2008 drilling program conducted by Hy Lake has shown that several zones including the main shaft, 3-2, 3-5, 3-6 and 3-8 zones are still open at depth over portions of the vein system. They are also in the process of producing a 43-101 compliant resource estimate using 2, 3 and 4 gram per tonne cut offs.
The past-producing Rowan Mine has one shaft sunk to 460 feet and three levels of lateral development totaling approximately 5250 feet, with an adit on the first level. The estimated replacement cost of this mining infrastructure is approximately $6.6 million in today's dollars.
About Hy Lake Gold Inc.
Hy Lake Gold is a well financed Toronto-based mineral exploration company focused on the gold exploration and development business in the prolific Red Lake Mining District of Northwestern Ontario, Canada. Hy Lake Gold has assembled several significant property packages totalling approximately 3,300 hectares in west Red Lake. The properties cover a 12 kilometre distance along the west Red Lake Trend, containing 3 former producing gold mines, and the Company continues to explore these properties both along strike and at depth. To find out more about Hy Lake Gold Inc. (CNSX: HYL; FRANKFURT: HYK) visit our website at www.hylake.com.
Shares Issued: 34,304,195
http://www.stockhouse.com/tools/?page=%2FFinancialTools%2Fsn…
Hy Lake Gold Completes Latest Phase of Exploration at Rowan Lake Property
10/12/2010 4:40 PM - FSC
Toronto, ON October 12, 2010
FSC / Press Release
Hy Lake Gold Completes Latest Phase of Exploration at Rowan Lake Property
Toronto, Ontario CANADA, October 12, 2010 /FSC/ - Hy Lake Gold Inc. (HYL - CNSX, HYK - FWB), is pleased to announce that it has completed a 9-hole drilling program at its Rowan Lake property optioned from Goldcorp's Red Lake Gold Mines (see news release dated August 10, 2010). The program focused on two areas of interest. Firstly, drilling targeted the east and down dip extensions of the Rowan Main Zones. Secondly, drilling targeted the northeast extension of a large mineralized structural zone discovered on the Newman-Todd property south of the Rowan Lake property (see Figure 1).
To view Figure 1, click on the link below or paste the link into your browser:
http://www.usetdas.com/maps/hylake/Hy Lake Rowan Lake Property.pdf
Four holes, totaling 1,509 metres, targeted the Rowan Zones and five holes, totaling 1147 metres, targeted the Newman-Todd structure (see Table 1 and Figure 2).
To view Figure 2, click on the link below or paste the link into your browser:
http://www.usetdas.com/maps/hylake/Newman-Todd structure.pdf
Highlights: Rowan Zones
* All holes intersected several quartz vein and structural zones consistent with previous drilling.
* Historically the vein / structural zones in the Rowan area are often associated with trace amounts of base metals and occasionally with visible gold, this drill program successfully intersecting this style of mineralization.
* Presently, the zone has a strike length of over 800 metres and remains open along strike, to the east and west, and at depth.
Highlights: Newman-Todd Structure
* All holes intersected the structural zone which extends for over two kilometres to the southwest onto the Newman-Todd property and is open along strike to the northeast and at depth.
* Mineralized zones consisted of sulphide and magnetite replacement zones with an Fe-carbonate alteration / breccia zone.
----------------------------------------------------------------------Hole Number North East Elevation length Dip Azimuth Zone ----------------------------------------------------------------------HYR-10-24 5658022 422062 367.70 300.00 -45 180 Rowan----------------------------------------------------------------------HYR-10-25 5658022 422062 367.70 501.00 -67 180 Rowan----------------------------------------------------------------------HYR-10-26 5658022 422122 350.00 345.00 -45 175 Rowan----------------------------------------------------------------------HYR-10-27 5658022 422122 350.00 363.00 -60 172 Rowan----------------------------------------------------------------------HYR-10-28 5656905 421399 379.00 264.00 -50 320 N-TS ----------------------------------------------------------------------HYR-10-29 5656906 421399 379.00 321.00 -80 320 N-TS ----------------------------------------------------------------------HYR-10-30 5656940 421511 369.00 117.00 -55 310 N-TS ----------------------------------------------------------------------HYR-10-31 5656912 421403 379.00 282.76 -70 30 N-TS ----------------------------------------------------------------------HYR-10-32 5656919 421399 379.00 162.00 -75 275 N-TS ----------------------------------------------------------------------Table 1
Bob Singh, P.Geo., who is a qualified person under the definition of National Instrument 43-101, has reviewed the technical information contained in this press release which was provided by Hy Lake Gold Inc. Core samples from the Rowan program were cut in half using a diamond cutting saw and sent to SGS Minerals Services, an accredited mineral analysis laboratory in Red Lake, Ontario, for preparation and analysis utilizing both fire assay and screen metallic methods. Certified gold reference standards, blanks and field duplicates were routinely inserted into the sample stream as part of Hy Lake's quality control/quality assurance program.
Chibougamau Diamond Drilling Ltd. of Chibougamau, Quebec mobilized a drill rig to the property and completed this drilling program as the initial phase of a 10,000 meter contract with the Company.
About the Rowan Lake Mine Property
The 117-claim Rowan Lake Mine property was optioned from Goldcorp's Red Lake Gold Mines in December 2007. Hy Lake Gold is earning a 60% interest, as operator, in the property by spending $2,500,000 over three years (see news release dated December 13, 2007).
The Rowan property has been explored for gold since the Red Lake Gold Rush of the late 1920's. As a consequence, several surface gold showings have been discovered, the Rowan mine veins are considered the most prospective and therefore the most developed. On the eastern portion of the property near Martin Bay other commodities including base metals, silver and tungsten were also found.
The property lies within a regionally defined northwest trending structural feature known as the Pipestone Bay - St Paul Bay Deformation Zone. This zone has within it three advanced gold occurrences including the Red Summit, Rowan and the Mt. Jamie mines. The prized Balmer-Confederation aged unconformity occurs both on the northern and southern portions of the Rowan property as are folded iron formations and ultramafic units that have been shown to be prime hosts for the deposition for gold in the Red Lake Camp. Recently, the interpretation of sets of intersecting structures has created several new, high priority targets. The interference patterns produced by the intersection of multiple structures are potential dilation traps. The Golden Arm ultramafic structure and the Pipestone Bay - St. Paul Bay Deformation Zone is one such set. Another set includes two anticlines that converge at the fold closure to the east of the Rowan shaft zones. Mineralized intersection of structures, proximity to regional unconformity and favourable associated lithologies, such as iron formations and ultramafics, draw strong comparisons between Rowan Lake and the discoveries in the east part of the Red Lake Camp.
The property hosts the past producing Rowan Mine site, which was in development from the late 1930s to the 1950s. It consisted of a vertical shaft and three levels including an adit on the 1st level. During this time underground exploration consisted of drifting/raising along five (5) separate veins. In 1984, a bulk test was conducted on the central portion of the main shaft zone from the adit level to surface using a 91 cm wide shrinkage mining method. This bulk test was processed at Dickenson Mines Limited mill in Balmertown and returned 610 ounces for a recovered grade of 0.25 ounces per ton. From this test, the main shaft zone vein (MSZ) returned an average vein graded of 40 gpt (1.27 opt) from 602 samples. Dickenson Mines continued to evaluate the economics of extracting these resources and concluded a mineable reserve of 34,850 tons at 0.37 ounces per ton cut over 3.3 feet. A mine plan was developed by Strathcona Minerals accessing the deposit using a ramp/decline. Five longitudinal sections were created of the known zones and these zones and their extensions were targeted during subsequent exploration efforts.
In 1989-1990 Chevron Minerals had the property under an option agreement and drilled several holes testing the depth and strike continuity of this system. An inferred resource of 798,000 tonnes at 4.7 gpt grade over a 1.5 metre diluted width contained within 10 zones was calculated. Since then, Goldcorp Inc., Kings Bay and Hy Lake Gold Inc. have drilled to either find new mineralized zones or extend known zones along strike and dip.
Currently, Hy Lake Gold has an option on the property from Goldcorp's Red Lake Gold Mines. The 2008 drilling program conducted by Hy Lake has shown that several zones including the main shaft, 3-2, 3-5, 3-6 and 3-8 zones are still open at depth over portions of the vein system. They are also in the process of producing a 43-101 compliant resource estimate using 2, 3 and 4 gram per tonne cut offs.
The past-producing Rowan Mine has one shaft sunk to 460 feet and three levels of lateral development totaling approximately 5250 feet, with an adit on the first level. The estimated replacement cost of this mining infrastructure is approximately $6.6 million in today's dollars.
About Hy Lake Gold Inc.
Hy Lake Gold is a well financed Toronto-based mineral exploration company focused on the gold exploration and development business in the prolific Red Lake Mining District of Northwestern Ontario, Canada. Hy Lake Gold has assembled several significant property packages totalling approximately 3,300 hectares in west Red Lake. The properties cover a 12 kilometre distance along the west Red Lake Trend, containing 3 former producing gold mines, and the Company continues to explore these properties both along strike and at depth. To find out more about Hy Lake Gold Inc. (CNSX: HYL; FRANKFURT: HYK) visit our website at www.hylake.com.
Shares Issued: 34,304,195
HY LAKE GOLD APPOINTS VICE PRESIDENT OF EXPLORATION
HY LAKE GOLD INC. (CNSX: HYL, FRANKFURT: HYK) is pleased to announce the appointment
of Dr. Vadim Galkin, Ph.D., Dr.Sc., P.Geo as Vice President, Exploration of the Company.
Dr. Galkin, who recently completed a comprehensive complex structural study of the Hy Lake’s Red
Lake operational area, was a full professor at Moscow State University, Dynamic Geology Faculty and
was a Research Associate at the University of Toronto, Faculty of Geology. In September 2000, Vadim
was a semi-finalist of The Goldcorp Challenge gold discovery contest for his interpretation of the
structural control on gold ore allocation.
Dr Galkin has nearly 20 years of scientific and applied research in Structural Geology, Tectonophysics,
Geodynamics, Regional Tectonics, and Physical Modeling, including deformational structures
development and targeting of hidden deposits in mineralization fields. He also has extensive field
experience in a variety of geological and climactic environments utilizing mapping and geodynamic
interpretation of 3D structures of different scales. In addition, Vadim brings significant computer skills to
Hy Lake. He has extensive knowledge and practical experience with advanced geological and GIS
processing software including ArcMap/ArcView, MapInfo, Microstation, Gemcom, Datamine,
AutoCAD, ER Mapper, gOcad, StereoNet and Geotransformer/Geotranslator.
Over the past decade, Dr. Galkin has provided geological consulting services, including report authoring,
for over a dozen major exploration projects involving kimberlites, base and precious metals, laterites, oil
and gas and uranium. Vadim has worked on projects in Canada, United States, Mexico, Dominican
Republic, Guatemala and Peru for companies including Vena Resources, Crown Minerals, Unor Inc.,
Falconbridge Exploration, Hornby Bay Mineral Exploration and INCO.
Hy Lake’s President & CEO, Robert Seitz commented: “We are extremely pleased to have Vadim join
our team. His unique combination of technical skills and his method of structural analysis and
interpretation are well suited to the complex geological landscape of the West Red Lake area. He will be a
great asset as we continue building, updating and maintaining our multilayered database and developing
our 3D structural geological model as we consolidate our Red Lake properties.”
In joining Hy Lake, Dr. Galkin stated: “During my work on the structural study and analysis of Hy Lake’s
West Red Lake area properties I was impressed by the Company’s focus and the potential to create a
significant new resource through targeted exploration. I’m looking forward to being a part of the next Red
Lake Camp gold exploration and development success story.”
HY LAKE GOLD INC. (CNSX: HYL, FRANKFURT: HYK) is pleased to announce the appointment
of Dr. Vadim Galkin, Ph.D., Dr.Sc., P.Geo as Vice President, Exploration of the Company.
Dr. Galkin, who recently completed a comprehensive complex structural study of the Hy Lake’s Red
Lake operational area, was a full professor at Moscow State University, Dynamic Geology Faculty and
was a Research Associate at the University of Toronto, Faculty of Geology. In September 2000, Vadim
was a semi-finalist of The Goldcorp Challenge gold discovery contest for his interpretation of the
structural control on gold ore allocation.
Dr Galkin has nearly 20 years of scientific and applied research in Structural Geology, Tectonophysics,
Geodynamics, Regional Tectonics, and Physical Modeling, including deformational structures
development and targeting of hidden deposits in mineralization fields. He also has extensive field
experience in a variety of geological and climactic environments utilizing mapping and geodynamic
interpretation of 3D structures of different scales. In addition, Vadim brings significant computer skills to
Hy Lake. He has extensive knowledge and practical experience with advanced geological and GIS
processing software including ArcMap/ArcView, MapInfo, Microstation, Gemcom, Datamine,
AutoCAD, ER Mapper, gOcad, StereoNet and Geotransformer/Geotranslator.
Over the past decade, Dr. Galkin has provided geological consulting services, including report authoring,
for over a dozen major exploration projects involving kimberlites, base and precious metals, laterites, oil
and gas and uranium. Vadim has worked on projects in Canada, United States, Mexico, Dominican
Republic, Guatemala and Peru for companies including Vena Resources, Crown Minerals, Unor Inc.,
Falconbridge Exploration, Hornby Bay Mineral Exploration and INCO.
Hy Lake’s President & CEO, Robert Seitz commented: “We are extremely pleased to have Vadim join
our team. His unique combination of technical skills and his method of structural analysis and
interpretation are well suited to the complex geological landscape of the West Red Lake area. He will be a
great asset as we continue building, updating and maintaining our multilayered database and developing
our 3D structural geological model as we consolidate our Red Lake properties.”
In joining Hy Lake, Dr. Galkin stated: “During my work on the structural study and analysis of Hy Lake’s
West Red Lake area properties I was impressed by the Company’s focus and the potential to create a
significant new resource through targeted exploration. I’m looking forward to being a part of the next Red
Lake Camp gold exploration and development success story.”
Trading Spotlight
Antwort auf Beitrag Nr.: 40.323.118 von buy am 14.10.10 17:55:31NEWS RELEASE Toronto: November 2, 2010
HY LAKE GOLD ANNOUNCES 2010/2011 EXPLORATION PLANS
FOR WEST RED LAKE PROPERTIES
HY LAKE GOLD INC. (CNSX: HYL, FRANKFURT: HYK) is pleased to provide an update on it's
West Red Lake properties, including the Rowan Lake Mine property under option from Goldcorp’s Red Lake Gold Mines (see news release dated December 13, 2007).
Several high grade gold intercepts returned from recent drilling at the Hy Lake/RLGM Rowan Lake joint venture property have indicated further drilling and the development of a comprehensive regional exploration concept which will include the Mount Jamie, Rowan Lake and Red Summit Mine properties.
Highlights of the 2010 summer exploration project include:
• Expansion of the Rowan Zones to the east with significant gold intercepts including Hole HYR-10-27 which intersected 168.34 g/t over 0.50 metres (4.91 oz/t gold over 1.64 feet), within a wider zone of 42.44 g/t over 2.0 metres (1.24 oz/t gold over 6.5 feet)
• Discovery of the new CS Zone gold zone located north of the known Rowan Zones gold vein
systems
• Discovery of the Rowan-NT Zone gold zone, located approximately 1400 metres south west of the Rowan Zones. All five holes intersected gold mineralization including Hole HYR-10-28 which intersected 26.40 g/t over 0.50 metres (0.77 oz/t gold over 1.64 feet), within a wider zone of 7.28 g/t over 2.0 metres (0.21 oz/t gold over 6.5 feet)
• Delineation of the Rowan-NT Zone indicating trend extension to the north east for over 1.8 km and the possible convergence with the Porphyry Hill/Creek Zones and/or Rowan Zones
Rowan Zone :
This zone has a strike length of over 800 metres and remains open along strike, both east and west, and at depth. The current estimated exploration horizon of this trend is over 3.5 km and has been explored to a depth of less than 500 metres. This zone, in the Rowan Main Shaft area, consists of five sub-parallel gold bearing quartz vein systems, where gold mineralization occurs often as visible specks within the quartz veins, veinlets and stockworks.
Rowan-NT Zone:
The Rowan-NT Zone has a potential strike length over 1.8 km and remains open to the north east. This zone continues on to Redstar Gold's Newman Todd project for an addition 2.0 km to the south west. The Rowan-NT Zone lies along a major regional structural discontinuity which on the Newman Todd property is an alteration/breccia zone marked by a sharp northern contact and has been detected by airborne magnetics. This zone consists of wide spread disseminated gold mineralization with localized higher grade gold zones and associated iron-carbonate, silica and sulphide alteration. All of the five drill holes of the 2010 summer exploration project intersected gold mineralization at shallow depths.
In addition to the Rowan and Rowan-NT zones, the Rowan Lake property also hosts several other gold zones, namely Porphyry Hill, Creek Zone, West Red Lake Zone, DLS Carbonate Zone and the Headache Zone. All of these zones remain priority targets, however the main focus of the upcoming exploration program at the Rowan Lake property will be further delineation of the Rowan Zone and step-out definition drilling on the Rowan-NT Zone.
Exploration concept:
Geophysical and geological data available to date have been revisited in light of the new breccia zone discovery on Hy Lake’s Rowan Lake property and the recent structural study conclusions. The new exploration model implies a continuation of the Rowan-NT Zone to the NE of the recent drilling location and also considers a possible existence of ESE trending breccia corridors in the areas north of the Mount Jamie mineralization zones and to the north east of Rowan Zone. Breccia zone type mineralization –
broad (~100m) near-surface and shallow (tested only to about 200m depth) disseminated gold alternating with high grade narrower zones – seems to be ideal for an open pit concept consideration, provided the economic ore grades are proven by further drilling.
It has been known for years that at least three past producing mines in the area - Mount Jamie, Rowan Lake and Red Summit mines - lie within a regionally defined northwest trending structural feature known as the Pipestone Bay - St Paul Bay Deformation Zone. Historically, these three mines had never been under the full control of one exploration company until recently when Hy Lake Gold has become the owner/operator of all three properties. Review of the consolidated data for all the three locations leads to a
working hypothesis that the Rowan Zones, West Rowan Lake Zone, Headache Zone, Mount Jamie Zones and the North Jamie Zone may belong to the single family of nearly vertical, east-west and/or ESE-WNW trending gold-bearing vein systems. Such a model suggests possible joining/transition/merging of the individual mines vein systems along the strike length of approximately 3.5km. This concept has much potential in opening up new mineralization areas/zones between the existing main mine areas. Testing and verification of this model will be an important part of Hy Lake’s exploration activities in the near future.
Exploration Plans:
The Company is planning on an aggressive drill program to continue to expand and define vein/structural zones on the West Red Lake properties owned and controlled by Hy Lake. Chibougamau Diamond Drilling Ltd. of Chibougamau, Quebec has been contracted to provide a drill rig for the continuation of Hy Lake’s drilling requirements. The Company has an option to mobilize a second drill to the properties when required. Hy Lake intends to undertake the following exploration initiatives:
1. Further drilling to expand the strike extent of the Rowan-NT zone to the north east and to test for gold mineralization at depth. Airborne geophysics and a recent in-house structural study will assist with target definition.
2. Continue previous drilling at the Mount Jamie Mine area to test for mineralization extension to the east and commence limited drilling between North Jamie, Mount Jamie and West Red Lake Zone to test the lateral continuity of mineralization.
3. Further Rowan Zone drilling to test for mineralization at depth below the five known vein zones and shallow drilling to further delineate the new CS Zone. In addition to depth expansion, drilling will continue to follow the Rowan Zone to the east where it may merge with the Rowan-NT and/or Porphyry Hill/Creek Zones.
In addition, Hy Lake is planning to conduct extensive stripping, trenching, channel sampling and test drilling of possible breccia zones to the north of the Mount Jamie mineralization zones and to the northeast of Rowan Zones. Surface mapping and sampling of other targets resulted from review of geophysical data and structural study are also under consideration.
Hy Lake Vice President, Exploration Vadim Galkin commented: "It is expected that the next phase of exploration for Hy Lake will significantly add value to the company's West Red Lake properties. The fact that we intersected the highest grade ever returned from surface drilling at the Rowan Zone (168.34g/t over 0.50 metres) and discovered a new zone (CS Zone) highlights how much potential remains at this zone. In addition, the discovery of the Rowan-NT zone adds a previously unrecognized style of gold mineralization to our portfolio. The Rowan-NT zone has the most geological similarities to the operating mines in the east end of the Red Lake gold camp and has the potential to grow rapidly with a only a few step out holes."
About Hy Lake Gold Inc.
Hy Lake Gold is a well financed Toronto-based mineral exploration company focused on the gold exploration and development business in the prolific Red Lake Mining District of Northwestern Ontario,Canada. Hy Lake Gold has assembled several significant property packages totalling approximately 3,300 hectares in west Red Lake. The properties cover a 12 kilometre distance along the west Red Lake Trend, containing 3 former producing gold mines, and the Company continues to explore these properties both along strike and at depth. To find out more about Hy Lake Gold Inc. (CNSX: HYL; FRANKFURT:HYK) visit our website at www.hylake.com.
Shares Issued: 34,304,195
On behalf of the board:
Mr. Robert B. Seitz, President & CEO
office@hylake.com
HY LAKE GOLD ANNOUNCES 2010/2011 EXPLORATION PLANS
FOR WEST RED LAKE PROPERTIES
HY LAKE GOLD INC. (CNSX: HYL, FRANKFURT: HYK) is pleased to provide an update on it's
West Red Lake properties, including the Rowan Lake Mine property under option from Goldcorp’s Red Lake Gold Mines (see news release dated December 13, 2007).
Several high grade gold intercepts returned from recent drilling at the Hy Lake/RLGM Rowan Lake joint venture property have indicated further drilling and the development of a comprehensive regional exploration concept which will include the Mount Jamie, Rowan Lake and Red Summit Mine properties.
Highlights of the 2010 summer exploration project include:
• Expansion of the Rowan Zones to the east with significant gold intercepts including Hole HYR-10-27 which intersected 168.34 g/t over 0.50 metres (4.91 oz/t gold over 1.64 feet), within a wider zone of 42.44 g/t over 2.0 metres (1.24 oz/t gold over 6.5 feet)
• Discovery of the new CS Zone gold zone located north of the known Rowan Zones gold vein
systems
• Discovery of the Rowan-NT Zone gold zone, located approximately 1400 metres south west of the Rowan Zones. All five holes intersected gold mineralization including Hole HYR-10-28 which intersected 26.40 g/t over 0.50 metres (0.77 oz/t gold over 1.64 feet), within a wider zone of 7.28 g/t over 2.0 metres (0.21 oz/t gold over 6.5 feet)
• Delineation of the Rowan-NT Zone indicating trend extension to the north east for over 1.8 km and the possible convergence with the Porphyry Hill/Creek Zones and/or Rowan Zones
Rowan Zone :
This zone has a strike length of over 800 metres and remains open along strike, both east and west, and at depth. The current estimated exploration horizon of this trend is over 3.5 km and has been explored to a depth of less than 500 metres. This zone, in the Rowan Main Shaft area, consists of five sub-parallel gold bearing quartz vein systems, where gold mineralization occurs often as visible specks within the quartz veins, veinlets and stockworks.
Rowan-NT Zone:
The Rowan-NT Zone has a potential strike length over 1.8 km and remains open to the north east. This zone continues on to Redstar Gold's Newman Todd project for an addition 2.0 km to the south west. The Rowan-NT Zone lies along a major regional structural discontinuity which on the Newman Todd property is an alteration/breccia zone marked by a sharp northern contact and has been detected by airborne magnetics. This zone consists of wide spread disseminated gold mineralization with localized higher grade gold zones and associated iron-carbonate, silica and sulphide alteration. All of the five drill holes of the 2010 summer exploration project intersected gold mineralization at shallow depths.
In addition to the Rowan and Rowan-NT zones, the Rowan Lake property also hosts several other gold zones, namely Porphyry Hill, Creek Zone, West Red Lake Zone, DLS Carbonate Zone and the Headache Zone. All of these zones remain priority targets, however the main focus of the upcoming exploration program at the Rowan Lake property will be further delineation of the Rowan Zone and step-out definition drilling on the Rowan-NT Zone.
Exploration concept:
Geophysical and geological data available to date have been revisited in light of the new breccia zone discovery on Hy Lake’s Rowan Lake property and the recent structural study conclusions. The new exploration model implies a continuation of the Rowan-NT Zone to the NE of the recent drilling location and also considers a possible existence of ESE trending breccia corridors in the areas north of the Mount Jamie mineralization zones and to the north east of Rowan Zone. Breccia zone type mineralization –
broad (~100m) near-surface and shallow (tested only to about 200m depth) disseminated gold alternating with high grade narrower zones – seems to be ideal for an open pit concept consideration, provided the economic ore grades are proven by further drilling.
It has been known for years that at least three past producing mines in the area - Mount Jamie, Rowan Lake and Red Summit mines - lie within a regionally defined northwest trending structural feature known as the Pipestone Bay - St Paul Bay Deformation Zone. Historically, these three mines had never been under the full control of one exploration company until recently when Hy Lake Gold has become the owner/operator of all three properties. Review of the consolidated data for all the three locations leads to a
working hypothesis that the Rowan Zones, West Rowan Lake Zone, Headache Zone, Mount Jamie Zones and the North Jamie Zone may belong to the single family of nearly vertical, east-west and/or ESE-WNW trending gold-bearing vein systems. Such a model suggests possible joining/transition/merging of the individual mines vein systems along the strike length of approximately 3.5km. This concept has much potential in opening up new mineralization areas/zones between the existing main mine areas. Testing and verification of this model will be an important part of Hy Lake’s exploration activities in the near future.
Exploration Plans:
The Company is planning on an aggressive drill program to continue to expand and define vein/structural zones on the West Red Lake properties owned and controlled by Hy Lake. Chibougamau Diamond Drilling Ltd. of Chibougamau, Quebec has been contracted to provide a drill rig for the continuation of Hy Lake’s drilling requirements. The Company has an option to mobilize a second drill to the properties when required. Hy Lake intends to undertake the following exploration initiatives:
1. Further drilling to expand the strike extent of the Rowan-NT zone to the north east and to test for gold mineralization at depth. Airborne geophysics and a recent in-house structural study will assist with target definition.
2. Continue previous drilling at the Mount Jamie Mine area to test for mineralization extension to the east and commence limited drilling between North Jamie, Mount Jamie and West Red Lake Zone to test the lateral continuity of mineralization.
3. Further Rowan Zone drilling to test for mineralization at depth below the five known vein zones and shallow drilling to further delineate the new CS Zone. In addition to depth expansion, drilling will continue to follow the Rowan Zone to the east where it may merge with the Rowan-NT and/or Porphyry Hill/Creek Zones.
In addition, Hy Lake is planning to conduct extensive stripping, trenching, channel sampling and test drilling of possible breccia zones to the north of the Mount Jamie mineralization zones and to the northeast of Rowan Zones. Surface mapping and sampling of other targets resulted from review of geophysical data and structural study are also under consideration.
Hy Lake Vice President, Exploration Vadim Galkin commented: "It is expected that the next phase of exploration for Hy Lake will significantly add value to the company's West Red Lake properties. The fact that we intersected the highest grade ever returned from surface drilling at the Rowan Zone (168.34g/t over 0.50 metres) and discovered a new zone (CS Zone) highlights how much potential remains at this zone. In addition, the discovery of the Rowan-NT zone adds a previously unrecognized style of gold mineralization to our portfolio. The Rowan-NT zone has the most geological similarities to the operating mines in the east end of the Red Lake gold camp and has the potential to grow rapidly with a only a few step out holes."
About Hy Lake Gold Inc.
Hy Lake Gold is a well financed Toronto-based mineral exploration company focused on the gold exploration and development business in the prolific Red Lake Mining District of Northwestern Ontario,Canada. Hy Lake Gold has assembled several significant property packages totalling approximately 3,300 hectares in west Red Lake. The properties cover a 12 kilometre distance along the west Red Lake Trend, containing 3 former producing gold mines, and the Company continues to explore these properties both along strike and at depth. To find out more about Hy Lake Gold Inc. (CNSX: HYL; FRANKFURT:HYK) visit our website at www.hylake.com.
Shares Issued: 34,304,195
On behalf of the board:
Mr. Robert B. Seitz, President & CEO
office@hylake.com
Antwort auf Beitrag Nr.: 40.437.755 von babyborn09 am 02.11.10 16:37:48Ich möchte Euch nun meine Eindrücke von der Edelmetallmesse, insbesondere von Hy Lake Gold mitteilen.
Die Messe war am Freitag richtig gut besucht, zahlreiche Unternehmensstände und auch sehr viele Besucher. Der Stand von Hy Lake war strategisch sehr gut positioniert wobei Bob Seitz auf diese Lastminute Änderung keinen Einfluss hatte. Ursprünglich waren Sie im Erdgeschoss eingeteilt. Direkt gegenüber von Hy Lake war ein großer Stand von Coininvestdirect, die dort eine 100kg Goldmünze ausgestallt haben. Das war natürlich eine Attraktion.
Bob Seitz, Dr. Vadim Galkin und die Dolmetscherin (Nicole:kiss hatten Standdienst.
Es hingen zahlreiche Karten aus (Gebiete, einzelne Zonen) und auf dem Bildschirm lief eine Unternehmenspräsentation.
Momentan befindet sich das Unternehmen in Gesprächen bezüglich einem PP um danach den Börsenwechsel an die TSXV als Tier1 zu vollziehen. Sie möchten 1Mio$ einnehmen und man möchte das PP sogar zu einem höheren Kurs wie 0,50CAD durchführen. Hierzu sollte man eines berücksichtigen, der ursprüngliche Plan war mal, zu einem früheren Zeitpunkt ein kleines PP zu 0,20CAD durchzuführen. Das hat Bob nicht gemacht, weil er die Verwässerung nicht wollte. Hut ab vor dieser Entscheidung!!!
Wie gesagt ich gehe von max. 2mio neuen Aktien aus zu ca. 0,50CAD was absolut klasse wäre.
Von der eingenommenen 1Mio$ werden 500.000$ für das Listing benötigt, der Rest wird bereits für den Start des Bohrprogrammes auf Mount Jamie verwendet.
Dieses soll schon im Dezember starten!!!
im Anschluss an das PP erfolgt der Börsenwechsel, da alle anderen Auflagen bereits schon erfüllt wurden. Es fehlt nur noch das 500.000 Recommended Work Program dann steht dem Wechsel nichts mehr im Wege.
Es gibt hierzu Gespräche mit 2 Unternehmen, die sehr daran interessiert sind das PP zu zeichnen. Diese bzw. das Unternehmen soll dann in der News bezüglich PP auch namentlich erwähnt werden. Es ist nicht Goldcorp und auch nicht Agnico soviel hat er mir auf meine direkte Frage geantwortet, allerdings wäre es ein sehr etabliertes Unternehmen im Markt und sollte entsprechend auch positiv gesehen werden.
Höchstwahrscheinlich wird es an der TSX-V auch einen neuen Namen bzw. Namenszusatz geben, so die derzeitige Planung. Es wird bereits mit Hochdruck an der neuen Webseite gearbeitet und an den ganzen Unterlagen die dort dann veröffentlicht werden.
Den genauen Zeitpunkt des Börsenwechsel kann man nicht genau sagen, das davon abhängig ist wie schnell das PP durch ist. Und Bob ist es wichtig dieses PP auf einem vernünftigen Kursniveau durchzuführen um die Verwässerung so gering wie möglich zu halten.
Im Dezember gehen dann die Bohrungen auf Mount Jamie los. Ab März soll dann der zweite Bohrer zum Einsatz kommen. Es soll dann parallel noch auf Newmann Todd (Rowan) gebohrt werden. Insgesamt sollen in 2011 ca. 40.000m gebohrt werden um die vorhandene Ressource zu erhöhen.
Die vorhandene Ressource wird momentan NI43-101 konform überarbeitet und danach veröffentlicht.
Mount Jamie ---> 150.000 Unzen
Rowan ---> 200.000 unzen
Red Summit ---> 50.000 Unzen
--------------------------------
Zusammen ---> 400.000 Unzen
Diese Berechnung stammt von Michael Dehn und wurde in München in der Firmenpräsentation auch gezeigt, allerdings wie schon bereits angesprochen wird dieses momentan NI-konform gemacht und danach offiziell veröffentlicht.
Im Red Lake Gebiet wird 1 Unze mit ca. 100$ bewertet. Siehe hierzu auch Ubika Bericht und Vergleich mit anderen Unternehmen im Red Lake Gebiet.
Das wären dann bei 400.000 Unzen eine Bewertung von ca. 40Mio$, sprich ca. 1$ pro Aktie!
Plan für 2011 ist, durch das 40.000m Bohrprogramm nochmal weitere 600.000 Unzen high grade Gold zu entdecken. Das wären dann insgesammt 1Mio. Unzen bis Ende 2011.
Achtung:
1Mio Unzen bezogen auf die Oberfläche (bis ca. 300m runter)
Bob Seitz möchte eine solide Basis schaffen, auf die dann weiter aufgebaut werden kann.
D.h. es ist nicht beabsichtigt auf Teufel komm raus in die Tiefe zu bohren und das Geld zu verbrennen sondern man möchte den vorhandenen Goldadern an der Oberfläche folgen. Gehen diese weiter in die Tiefe, wird man selektiv auch mal ein tiefes Loch bohren um der Spur zu folgen.
Die untere Karte hier hat mir Dr. Galkin sehr umfangreich erklärt.
Man sieht hier ganz schön wie die Trends verlaufen, von North Jamie rechts rüber nach Mount Jamie und wiederum rechts rüber Richtung Rowan Main Zone.
Es ist beabsichtigt diesen über 3km langen Korridor durch Bohrungen zu testen und zu verbinden. Deshalb sind dort die Fragezeichen angezeichnet.
Das wäre dann ein 3km langes Gebiet, ca. 150m breit und im ersten Step ca. 300m tief.
Hinzukommt der untere Trend, der Rowan Newmann Todd Trend, der ca. 1,6km lang ist, ebenfalls ca. 150m breit und ca. 300m tief im ersten Step.
D.h. es wird ein Areal von ca. 4,5km Länge, einer Breite von ca. 150m und einer ersten Tiefe von ca. 300m gezielt bebohrt. Wenn sich dieser Gürtel bestätigen sollte dann haben wir einen Sechser im Lotto. Die Tiefe wäre dann die mögliche Zusatzzahl!!
Und das dort Gold vorhanden ist, ist kein Geheimnis. Die bisherigen Ergebnisse sprechen für sich. Hier mal einige Beispiele:
. Hole RWU53370 - 40.79 grams Au per tonne over 3.39 metres
. Hole RW8457 - 14.57 grams Au per tonne over 4.42 metres
. Hole RW8459 - 26.51 grams Au per tonne over 2.51 metres
. Hole RW8460 - 11.02 grams Au per tonne over 4.22 metres
. Hole RW8577 - 39.26 grams Au per tonne over 1.47 metre
* 37.7 g/t Au over 3.5 metres (1.1 ounces Au per ton over 11.5 feet);
* 35.1 g/t Au over 1.5 metres (one ounce Au per ton over 4.9 feet);
* 35 g/t Au over one metre (one ounce Au per ton over 3.28 feet); and
* 6.8 g/t Au over 1.75 metres (0.2 ounce Au per ton over 5.7 feet).
• Hole HYR-10-28 intersected 26.40 g/t over 0.50 metres (0.77 oz/t gold over 1.64 feet), within a wider zone of 7.28 g/t over 2.0 metres (0.21 oz/t gold over 6.5 feet)
• Hole HYR-10-29 intersected 22.29 g/t over 0.50 metres (0.0.65 oz/t gold over 1.64 feet), within a wider zone of 10.48 g/t over 1.75 metres (0.31 oz/t gold over 5.74 feet)
• Hole HYR-10-29 intersected 12.34 g/t over 1.0 metres (0.0.36 oz/t gold over 3.28 feet)
• Hole HYR-10-32 intersected 12.00 g/t over 1.0 metres (0.35 oz/t gold over 3.28 feet), within a wider zone of 9.90 g/t over 2.0 metres (0.29 oz/t gold over 6.5 feet)
• Hole HYR-10-27 intersected 168.34 g/t over 0.50 metres (4.91 oz/t gold over 1.64 feet), within a wider zone of 42.44 g/t over 2.0 metres (1.24 oz/t gold over 6.5 feet)
• Hole HYR-10-25 intersected 25.71 g/t over 1.0 metres (0.75 oz/t gold over 3.28 feet), within a wider zone of 9.15 g/t over 3.0 metres (0.27 oz/t gold over 9.84 feet)
• Hole HYR-10-25 intersected 27.43 g/t over 1.0 metres (0.80 oz/t gold over 3.28 feet)
• Hole HYR-10-26 intersected 19.20 g/t over 0.50 metres (0.56 oz/t gold over 1.64 feet)
• Hole HYR-10-24 intersected 14.06 g/t over 0.80 metres (0.41 oz/t gold over 2.62 feet)
Die Grades sind hochgradig, nun müssen nur noch die richtigen Längen dazukommen, dann knallt es hier richtig. Bei 40.000 Bohrmeter werden diese aber kommen...
JV mit Goldcorp ist erfüllt. Ich hatte Bob gefragt das doch inzwischen bereits 2,65Mio$ investiert wurden, er bestätigte das und sagte es würde in Kürze was darüber geben.
Für Anfang nächstes Jahr ist ein PP in Höhe von 3Mio.$ geplant um das umfangreiche Bohrprogramm zu finanzieren. Dies wird allerdings auf einem deutlich höheren Kursniveau stattfinden, da die Resourcenschätzung nach NI43-101 vorher veröffentlich werden soll.
Sprich bei 400.000Unzen = ca. 40Mio Bewertung
bei dann 36mio shares (34+2) wäre das ein Kurs von ca. 1$
Wir hätten dann nach beiden PP´s (1Mio.$ bald und 3mio.$ später) nicht mehr wie 40mio shares draussen.
Der Rest wird wahrscheinlich durch die Einlösung der Warrants finanziert. Im August 2011 sind hier einige Warrant fällig:
265,000 0.20 (1) August 18, 2011
3,100,000 0.20 (1) August 19, 2011
5,000,000 0.30 June 4, 2011
(1) These warrants are exercisable at $0.20 until August 18 and 19, 2010 and then at $0.30 until expiry.
Wenn der Plan mit den 1Mio. Unzen aufgeht für 2011 sehen wir bei nichtmal 50mio shares outstanding Kurse von 2$........das wäre vom aktuellen Kurs gerechnet eine Kursvervierfachung. Die Chance auf einen Volltreffer während des Bohrprogrammes bei 40.000m ist immens hoch. Wenn die 2stellige Grades auf 2stellige Meter bohren dann sehen wir andere Kurse
Das ist alles meine eigene Meinung und stellt keine Handlungsaufforderung dar
Die Messe war am Freitag richtig gut besucht, zahlreiche Unternehmensstände und auch sehr viele Besucher. Der Stand von Hy Lake war strategisch sehr gut positioniert wobei Bob Seitz auf diese Lastminute Änderung keinen Einfluss hatte. Ursprünglich waren Sie im Erdgeschoss eingeteilt. Direkt gegenüber von Hy Lake war ein großer Stand von Coininvestdirect, die dort eine 100kg Goldmünze ausgestallt haben. Das war natürlich eine Attraktion.
Bob Seitz, Dr. Vadim Galkin und die Dolmetscherin (Nicole:kiss hatten Standdienst.
Es hingen zahlreiche Karten aus (Gebiete, einzelne Zonen) und auf dem Bildschirm lief eine Unternehmenspräsentation.
Momentan befindet sich das Unternehmen in Gesprächen bezüglich einem PP um danach den Börsenwechsel an die TSXV als Tier1 zu vollziehen. Sie möchten 1Mio$ einnehmen und man möchte das PP sogar zu einem höheren Kurs wie 0,50CAD durchführen. Hierzu sollte man eines berücksichtigen, der ursprüngliche Plan war mal, zu einem früheren Zeitpunkt ein kleines PP zu 0,20CAD durchzuführen. Das hat Bob nicht gemacht, weil er die Verwässerung nicht wollte. Hut ab vor dieser Entscheidung!!!
Wie gesagt ich gehe von max. 2mio neuen Aktien aus zu ca. 0,50CAD was absolut klasse wäre.
Von der eingenommenen 1Mio$ werden 500.000$ für das Listing benötigt, der Rest wird bereits für den Start des Bohrprogrammes auf Mount Jamie verwendet.
Dieses soll schon im Dezember starten!!!
im Anschluss an das PP erfolgt der Börsenwechsel, da alle anderen Auflagen bereits schon erfüllt wurden. Es fehlt nur noch das 500.000 Recommended Work Program dann steht dem Wechsel nichts mehr im Wege.
Es gibt hierzu Gespräche mit 2 Unternehmen, die sehr daran interessiert sind das PP zu zeichnen. Diese bzw. das Unternehmen soll dann in der News bezüglich PP auch namentlich erwähnt werden. Es ist nicht Goldcorp und auch nicht Agnico soviel hat er mir auf meine direkte Frage geantwortet, allerdings wäre es ein sehr etabliertes Unternehmen im Markt und sollte entsprechend auch positiv gesehen werden.
Höchstwahrscheinlich wird es an der TSX-V auch einen neuen Namen bzw. Namenszusatz geben, so die derzeitige Planung. Es wird bereits mit Hochdruck an der neuen Webseite gearbeitet und an den ganzen Unterlagen die dort dann veröffentlicht werden.
Den genauen Zeitpunkt des Börsenwechsel kann man nicht genau sagen, das davon abhängig ist wie schnell das PP durch ist. Und Bob ist es wichtig dieses PP auf einem vernünftigen Kursniveau durchzuführen um die Verwässerung so gering wie möglich zu halten.
Im Dezember gehen dann die Bohrungen auf Mount Jamie los. Ab März soll dann der zweite Bohrer zum Einsatz kommen. Es soll dann parallel noch auf Newmann Todd (Rowan) gebohrt werden. Insgesamt sollen in 2011 ca. 40.000m gebohrt werden um die vorhandene Ressource zu erhöhen.
Die vorhandene Ressource wird momentan NI43-101 konform überarbeitet und danach veröffentlicht.
Mount Jamie ---> 150.000 Unzen
Rowan ---> 200.000 unzen
Red Summit ---> 50.000 Unzen
--------------------------------
Zusammen ---> 400.000 Unzen
Diese Berechnung stammt von Michael Dehn und wurde in München in der Firmenpräsentation auch gezeigt, allerdings wie schon bereits angesprochen wird dieses momentan NI-konform gemacht und danach offiziell veröffentlicht.
Im Red Lake Gebiet wird 1 Unze mit ca. 100$ bewertet. Siehe hierzu auch Ubika Bericht und Vergleich mit anderen Unternehmen im Red Lake Gebiet.
Das wären dann bei 400.000 Unzen eine Bewertung von ca. 40Mio$, sprich ca. 1$ pro Aktie!
Plan für 2011 ist, durch das 40.000m Bohrprogramm nochmal weitere 600.000 Unzen high grade Gold zu entdecken. Das wären dann insgesammt 1Mio. Unzen bis Ende 2011.
Achtung:
1Mio Unzen bezogen auf die Oberfläche (bis ca. 300m runter)
Bob Seitz möchte eine solide Basis schaffen, auf die dann weiter aufgebaut werden kann.
D.h. es ist nicht beabsichtigt auf Teufel komm raus in die Tiefe zu bohren und das Geld zu verbrennen sondern man möchte den vorhandenen Goldadern an der Oberfläche folgen. Gehen diese weiter in die Tiefe, wird man selektiv auch mal ein tiefes Loch bohren um der Spur zu folgen.
Die untere Karte hier hat mir Dr. Galkin sehr umfangreich erklärt.
Man sieht hier ganz schön wie die Trends verlaufen, von North Jamie rechts rüber nach Mount Jamie und wiederum rechts rüber Richtung Rowan Main Zone.
Es ist beabsichtigt diesen über 3km langen Korridor durch Bohrungen zu testen und zu verbinden. Deshalb sind dort die Fragezeichen angezeichnet.
Das wäre dann ein 3km langes Gebiet, ca. 150m breit und im ersten Step ca. 300m tief.
Hinzukommt der untere Trend, der Rowan Newmann Todd Trend, der ca. 1,6km lang ist, ebenfalls ca. 150m breit und ca. 300m tief im ersten Step.
D.h. es wird ein Areal von ca. 4,5km Länge, einer Breite von ca. 150m und einer ersten Tiefe von ca. 300m gezielt bebohrt. Wenn sich dieser Gürtel bestätigen sollte dann haben wir einen Sechser im Lotto. Die Tiefe wäre dann die mögliche Zusatzzahl!!
Und das dort Gold vorhanden ist, ist kein Geheimnis. Die bisherigen Ergebnisse sprechen für sich. Hier mal einige Beispiele:
. Hole RWU53370 - 40.79 grams Au per tonne over 3.39 metres
. Hole RW8457 - 14.57 grams Au per tonne over 4.42 metres
. Hole RW8459 - 26.51 grams Au per tonne over 2.51 metres
. Hole RW8460 - 11.02 grams Au per tonne over 4.22 metres
. Hole RW8577 - 39.26 grams Au per tonne over 1.47 metre
* 37.7 g/t Au over 3.5 metres (1.1 ounces Au per ton over 11.5 feet);
* 35.1 g/t Au over 1.5 metres (one ounce Au per ton over 4.9 feet);
* 35 g/t Au over one metre (one ounce Au per ton over 3.28 feet); and
* 6.8 g/t Au over 1.75 metres (0.2 ounce Au per ton over 5.7 feet).
• Hole HYR-10-28 intersected 26.40 g/t over 0.50 metres (0.77 oz/t gold over 1.64 feet), within a wider zone of 7.28 g/t over 2.0 metres (0.21 oz/t gold over 6.5 feet)
• Hole HYR-10-29 intersected 22.29 g/t over 0.50 metres (0.0.65 oz/t gold over 1.64 feet), within a wider zone of 10.48 g/t over 1.75 metres (0.31 oz/t gold over 5.74 feet)
• Hole HYR-10-29 intersected 12.34 g/t over 1.0 metres (0.0.36 oz/t gold over 3.28 feet)
• Hole HYR-10-32 intersected 12.00 g/t over 1.0 metres (0.35 oz/t gold over 3.28 feet), within a wider zone of 9.90 g/t over 2.0 metres (0.29 oz/t gold over 6.5 feet)
• Hole HYR-10-27 intersected 168.34 g/t over 0.50 metres (4.91 oz/t gold over 1.64 feet), within a wider zone of 42.44 g/t over 2.0 metres (1.24 oz/t gold over 6.5 feet)
• Hole HYR-10-25 intersected 25.71 g/t over 1.0 metres (0.75 oz/t gold over 3.28 feet), within a wider zone of 9.15 g/t over 3.0 metres (0.27 oz/t gold over 9.84 feet)
• Hole HYR-10-25 intersected 27.43 g/t over 1.0 metres (0.80 oz/t gold over 3.28 feet)
• Hole HYR-10-26 intersected 19.20 g/t over 0.50 metres (0.56 oz/t gold over 1.64 feet)
• Hole HYR-10-24 intersected 14.06 g/t over 0.80 metres (0.41 oz/t gold over 2.62 feet)
Die Grades sind hochgradig, nun müssen nur noch die richtigen Längen dazukommen, dann knallt es hier richtig. Bei 40.000 Bohrmeter werden diese aber kommen...
JV mit Goldcorp ist erfüllt. Ich hatte Bob gefragt das doch inzwischen bereits 2,65Mio$ investiert wurden, er bestätigte das und sagte es würde in Kürze was darüber geben.
Für Anfang nächstes Jahr ist ein PP in Höhe von 3Mio.$ geplant um das umfangreiche Bohrprogramm zu finanzieren. Dies wird allerdings auf einem deutlich höheren Kursniveau stattfinden, da die Resourcenschätzung nach NI43-101 vorher veröffentlich werden soll.
Sprich bei 400.000Unzen = ca. 40Mio Bewertung
bei dann 36mio shares (34+2) wäre das ein Kurs von ca. 1$
Wir hätten dann nach beiden PP´s (1Mio.$ bald und 3mio.$ später) nicht mehr wie 40mio shares draussen.
Der Rest wird wahrscheinlich durch die Einlösung der Warrants finanziert. Im August 2011 sind hier einige Warrant fällig:
265,000 0.20 (1) August 18, 2011
3,100,000 0.20 (1) August 19, 2011
5,000,000 0.30 June 4, 2011
(1) These warrants are exercisable at $0.20 until August 18 and 19, 2010 and then at $0.30 until expiry.
Wenn der Plan mit den 1Mio. Unzen aufgeht für 2011 sehen wir bei nichtmal 50mio shares outstanding Kurse von 2$........das wäre vom aktuellen Kurs gerechnet eine Kursvervierfachung. Die Chance auf einen Volltreffer während des Bohrprogrammes bei 40.000m ist immens hoch. Wenn die 2stellige Grades auf 2stellige Meter bohren dann sehen wir andere Kurse
Das ist alles meine eigene Meinung und stellt keine Handlungsaufforderung dar
HyLake Gold Liegenschaften Stand 2010
Antwort auf Beitrag Nr.: 40.633.639 von exxon71 am 02.12.10 17:28:08Hy Lake ist meiner Meinung nach für 2011 voll finanziert.
letztes PP waren 600k$ ---> 2mio shares + 2mio warrants zu 0,50cad
aktuelles PP sind 3Mio$ ---> 5,5mio. shares + 5,5mio warrants
(c) Exercise price $0.75 in year 1, $1.00 in year 2
(d) Expiry date Twenty-four (24) months
dann gibt es noch laut sedar die "alten" warrants von den vergangenen PP´s:
265,000 0.20 (1) August 18, 2011
3,100,000 0.20 (1) August 19, 2011
5,000,000 0.30 June 4, 2011
(1) These warrants are exercisable at $0.20 until August 18 and 19, 2010 and then at $0.30 until expiry
Jetzt nehmen wir mal alle warrants werden in 2011 eingelöst, preismäßig kann das ja hinhauen:
265.000 x 0,30 = 79.500$
3.100.000 x 0,30 = 930.000$
5.000.000 x 0,30 = 1.500.000$
-------------------------------------------
zwischensumme "alte" PP´s --> 2.509.500$
+ Pinetree PP
2.000.000 x 0,50 = 1.000.000$
+ jetziges PP
5.500.000 x 0,75 = 4.125.000$
--------------------------------------------
--------------------------------------------
Gesamt: 7.634.500$
das wären allerdings nur Einnahmen durch warrants.
Beim jetzigen PP nehmen Sie ja bereits 3mio. cash ein. Das alte PP in Höhe von 600k rechne ich mal nicht dazu, hiervon wird viel für den Börsenwechsel verbraucht und für laufende Kosten.
Cash nach dem PP ---> über 3mio.$
Einnahmen durch warrants ---> 7,6mio.$
--------------------------------------------------------
mögliches Gesamtbudget (cash) 2011 --> 10,6mio.$
letztes PP waren 600k$ ---> 2mio shares + 2mio warrants zu 0,50cad
aktuelles PP sind 3Mio$ ---> 5,5mio. shares + 5,5mio warrants
(c) Exercise price $0.75 in year 1, $1.00 in year 2
(d) Expiry date Twenty-four (24) months
dann gibt es noch laut sedar die "alten" warrants von den vergangenen PP´s:
265,000 0.20 (1) August 18, 2011
3,100,000 0.20 (1) August 19, 2011
5,000,000 0.30 June 4, 2011
(1) These warrants are exercisable at $0.20 until August 18 and 19, 2010 and then at $0.30 until expiry
Jetzt nehmen wir mal alle warrants werden in 2011 eingelöst, preismäßig kann das ja hinhauen:
265.000 x 0,30 = 79.500$
3.100.000 x 0,30 = 930.000$
5.000.000 x 0,30 = 1.500.000$
-------------------------------------------
zwischensumme "alte" PP´s --> 2.509.500$
+ Pinetree PP
2.000.000 x 0,50 = 1.000.000$
+ jetziges PP
5.500.000 x 0,75 = 4.125.000$
--------------------------------------------
--------------------------------------------
Gesamt: 7.634.500$
das wären allerdings nur Einnahmen durch warrants.
Beim jetzigen PP nehmen Sie ja bereits 3mio. cash ein. Das alte PP in Höhe von 600k rechne ich mal nicht dazu, hiervon wird viel für den Börsenwechsel verbraucht und für laufende Kosten.
Cash nach dem PP ---> über 3mio.$
Einnahmen durch warrants ---> 7,6mio.$
--------------------------------------------------------
mögliches Gesamtbudget (cash) 2011 --> 10,6mio.$
NEWS RELEASE Toronto: November 5, 2011
Dear Shareholders and Friends,
In a recent interview with Streetwise Reports, Vikas Ranjan, managing director and principal of Ubika Research, commented on Hy Lake Gold Inc. Junior gold explorers from British Columbia to Colombia are poised to pounce. The Ubika Gold 50 Index has uncovered one explorer that also produces; another has a "fully earned option" with Goldcorp. In this exclusive interview with The Gold Report, Vikas reveals why these companies make a compelling case for success.
Vikas Ranjan (http://www.theaureport.com/pub/htdocs/expert.html?id=3102) is a management and investment professional with over 15 years experience in diverse areas of investment management, finance,customer analytics and investment research. Ranjan is a principal of Ubika Research, a specialized research and analytics company with a wide range of small-cap clients and operations in Toronto and Vancouver. We thought you'd be interested in reading Vikas Ranjan 's comments on Hy Lake Gold Inc. Scroll Down to see these comments.
Regards,
Robert Seitz
President and Chief Executive Officer
Vikas Ranjan's Comments:
"Hy Lake's flagship project, called Rowan, is a joint venture with Goldcorp. . .One end of Hy Lake's Rowan project [is located in] the Rowan-NT zone. . .On that zone alone, Hy Lake probably has the potential for more than 2 Moz gold resource. It also just discovered a new breccia corridor on the Rowan Property apart from the main zone. Rowan alone could be a multimillion-ounce deposit. Hy Lake also has three other properties that it thinks are linked as a structure. Its drill results so far are very high grade. Based on the past exploration, we believe it could easily be sitting on 500-600 Koz resource right now, and the exploration potential is very strong. . .On Rowan, for example, the mineralization has an open-pit opportunity, with a 4-5 km strike length. That's a multimillion-ounce deposit potential. Hy Lake continues to acquire strategic land positions in the area. Last year, it picked up a very strategic claim from Rubicon Minerals Corp. It is pushing ahead with the consolidation strategy and is looking for strategic opportunities to acquire land and expand its exploration potential. . .We believe that the company has plans to move to a bigger stock exchange and we wouldn't be surprised to see it listed on a bigger board soon." View Article http://www.theaureport.com/pub/na/11525
Dear Shareholders and Friends,
In a recent interview with Streetwise Reports, Vikas Ranjan, managing director and principal of Ubika Research, commented on Hy Lake Gold Inc. Junior gold explorers from British Columbia to Colombia are poised to pounce. The Ubika Gold 50 Index has uncovered one explorer that also produces; another has a "fully earned option" with Goldcorp. In this exclusive interview with The Gold Report, Vikas reveals why these companies make a compelling case for success.
Vikas Ranjan (http://www.theaureport.com/pub/htdocs/expert.html?id=3102) is a management and investment professional with over 15 years experience in diverse areas of investment management, finance,customer analytics and investment research. Ranjan is a principal of Ubika Research, a specialized research and analytics company with a wide range of small-cap clients and operations in Toronto and Vancouver. We thought you'd be interested in reading Vikas Ranjan 's comments on Hy Lake Gold Inc. Scroll Down to see these comments.
Regards,
Robert Seitz
President and Chief Executive Officer
Vikas Ranjan's Comments:
"Hy Lake's flagship project, called Rowan, is a joint venture with Goldcorp. . .One end of Hy Lake's Rowan project [is located in] the Rowan-NT zone. . .On that zone alone, Hy Lake probably has the potential for more than 2 Moz gold resource. It also just discovered a new breccia corridor on the Rowan Property apart from the main zone. Rowan alone could be a multimillion-ounce deposit. Hy Lake also has three other properties that it thinks are linked as a structure. Its drill results so far are very high grade. Based on the past exploration, we believe it could easily be sitting on 500-600 Koz resource right now, and the exploration potential is very strong. . .On Rowan, for example, the mineralization has an open-pit opportunity, with a 4-5 km strike length. That's a multimillion-ounce deposit potential. Hy Lake continues to acquire strategic land positions in the area. Last year, it picked up a very strategic claim from Rubicon Minerals Corp. It is pushing ahead with the consolidation strategy and is looking for strategic opportunities to acquire land and expand its exploration potential. . .We believe that the company has plans to move to a bigger stock exchange and we wouldn't be surprised to see it listed on a bigger board soon." View Article http://www.theaureport.com/pub/na/11525
NEWS RELEASE Toronto: November 3, 2011
ROWAN-NT ZONE CONTINUES TO RETURN HIGH-GRADE RESULTS
HY LAKE GOLD INC. (CNSX: HYL) is pleased to announce drill results from the first of two targets
recently drilled its 60%-owned Rowan Lake Mine property, held in a Joint Venture with Red Lake Gold
Mines, a General Partnership of Goldcorp Inc. and Goldcorp Canada Ltd. Results from the second target
in the Rowan Main Zones are being analysed by the Company and will be released when available.
The 17-hole, 3,880 metre drill program focused on further extending the Rowan-NT Zone high-grade
mineralized structural corridor along strike, both to the south-west and to the north-east, from the 2010
drilling. The confirmed strike length is now 900 metres and is open to the north-east for at least an
additional 1,100 metres. All 17 holes of this drill program intersected wide zones of Iron Carbonate
alteration and Silica/Sulphide replacement within altered and brecciated volcanic and sedimentary rocks.
The depth potential of this zone remains untested and the potential for additional high-grade gold
discoveries within this system is high.
The Rowan-NT zone represents a 2010 discovery on the Rowan Lake Mine property on trend with the
Confederation/Redstar Newman Todd Structure (NTS), which continues to return high grade assays
results (see Confederation news release of Oct. 19, 2011 and Nov. 2, 2011).
Highlights from the Hy Lake Gold drilling include gold intersections of:
• 1 metre of 28.7 g/t gold, 13.7 g/t gold, 12.8 g/t gold, 12.3 g/t gold, 10.2 g/t gold and 10.1 g/t
gold in several holes.
• Composite values of 7.67 g/t gold over 2 metres, 5.96 g/t gold over 2 metres, 4.36 g/t gold
over 3 metres and 2.17 g/t gold over 11 metres.
• Results include 27 intersections with gold concentration of 2 g/t gold or greater, 33
intersections with 1-2 g/t gold, 78 intersections with 0.5-1 g/t gold and 160 intersections with
0.25-0.5 g/t gold.
• Rowan-NT Zone breccia corridor mineralized the full length of the current 900 meter strike
length and open to the north-east (see Map 1 below).
• A table of significant results (27 intersections of 2.0 g/t gold or greater) is shown below.
Table of significant results
Hole From (m) To (m) Gold (g/t) Width (m)
HY-11-41 78 79 3.18 1.00
HY-11-41 and 80 81 12.80 1.00
HY-11-41 and 97 98 3.68 1.00
HY-11-41 and 155 156 6.17 1.00
HY-11-42 composite 39 50 2.17 11.00
HY-11-42 including 40 41 7.51 1.00
HY-11-42 including 42 43 4.78 1.00
HY-11-42 including 48 49 4.33 1.00
HY-11-42 and 145 146 28.70 1.00
HY-11-42 and 151 152 2.47 1.00
HY-11-42 and 259 260 4.58 1.00
HY-11-43 86 87 2.21 1.00
HY-11-44 231 232 2.29 1.00
HY-11-47 48 49 6.38 1.00
HY-11-48 47 48 6.36 1.00
HY-11-48 and 89 90 12.30 1.00
HY-11-48 and 141 142 5.20 1.00
HY-11-49 composite 43 45 5.96 2.00
HY-11-49 including 43 44 10.20 1.00
HY-11-49 composite 98 100 7.67 2.00
HY-11-49 including 99 100 13.70 1.00
HY-11-50 85 86 3.29 1.00
HY-11-51 31 32 2.00 1.00
HY-11-51 and 100 101 4.07 1.00
HY-11-51 composite 226 229 4.36 3.00
HY-11-51 including 226 227 2.64 1.00
HY-11-51 including 228 229 10.10 1.00
HY-11-52 49 50 3.88 1.00
HY-11-53 132 133 2.88 1.00
HY-11-53 and 221 222 3.60 1.00
HY-11-55 95 96 4.82 1.00
* None of the intersection widths should be construed as necessarily representing a true width of the sampled
material. Weighted average gold intervals apply a 0.25 g/t lower cut-‐off
Vadim Galkine, VP Exploration states: “We are once again extremely pleased with the results from the
most recent drilling at the Rowan-NT Zone. Quartz breccia, quartz-carbonate and carbonate breccias were
intersected in all holes with true width varying within a 25-110 metre range. Obviously, we are closely
following the news from Confederation Minerals which has been drilling the south-west extension of the
Rowan-NT structure. Hy Lake Gold has only just begun to explore this structure. Only 21 relatively
shallow holes have been drilled by Hy Lake Gold in 2010-2011 and returned very exciting and
encouraging results. Confederation’s geological model considers the Newman Todd Structure as a host to
widespread high-grade gold mineralization over a strike length of 1.6 kilometres. Hy Lake Gold’s recent
drilling has extended the actual strike length of the zone by an additional 0.9 kilometres and the Rowan-
NT Zone remains open to the north-east on the Rowan Joint Venture property for an indicated 1.1
kilometres. It is also very intriguing that, although the breccias usually return higher gold assays, the gold
mineralization corridor turns out to be much wider than the breccia zone itself. One can speculate that the
breccia zone delineated this year may represent just one sliver of a broader shear corridor with gold
mineralization. Favourable to this theory are the existence of the historic Creek Zone and Porphyry Hill
Zone which are to the east of the north-east, on-strike extension of the Rowan-NT Zone. Additional
drilling to the north-west and south-east of the Rowan-NT Zone is needed to test this hypothesis. Hy Lake
Gold will continue drilling the structure to the north-east to test the continuity of the breccia zone both
along strike and downdip.”
Hy Lake Gold President and CEO Robert Seitz added: “Our exploration model for the Rowan-NT Zone is
confirmed as we continue to drill this structure to the north-east. We are very pleased with these latest
results. Particularly encouraging are our deepest high grade intercept to date in Hole HY-11-51 and our
highest grade intercept to date in Hole HY-11-42. Data from this delineation phase of drilling will assist
us as we plan to test the depth continuity of this system. Having recently defined an east-west corridor of
breccia mineralization north of the Rowan Main Zones (see news release of Oct. 19, 2011), we believe
that the Rowan-NT Zone may merge with the Porphyry Hill/Creek Zone areas and the Rowan Main
Zones. We are developing several high priority targets within these structurally-controlled convergence
areas.”
Vadim Galkin, PhD, P.Geo. who is a qualified person under the definition of National Instrument 43-101
has reviewed the technical information contained in this press release. Core samples from the Rowan
program were cut in half using a diamond cutting saw and will be sent to ActLabs, an accredited mineral
analysis laboratory in Red Lake, Ontario, for preparation and analysis utilizing both fire assay and screen
metallic methods. Certified gold reference standards, blanks and field duplicates have been routinely
inserted into the sample stream as part of Hy Lake Gold’s quality control/quality assurance program.
Michael Schweinberger, M.Sc. managed field operations for this phase of the 2011 exploration program.
As project geologist, Michael supervised drilling operations, logged and sampled drill core and managed
the core cutting. Drilling operations at the Rowan Lake Mine property were carried out by Chibougamau
Diamond Drilling Ltd. of Chibougamau, Quebec.
About Hy Lake Gold Inc.
Hy Lake Gold is a Toronto-based mineral exploration company focused on the gold exploration and
development business in the prolific Red Lake Mining District of Northwestern Ontario, Canada. Hy
Lake Gold has assembled several significant property packages totalling approximately 3,500 hectares in
west Red Lake. The properties cover a 12 kilometre distance along the West Red Lake Mine Trend,
containing 3 former producing gold mines, and the Company continues to explore these historical
properties both along strike and at depth. To find out more about Hy Lake Gold Inc. (CNSX: HYL) visit
our website at www.hylake.com.
Shares Issued: 41,649,148
On behalf of the board:
Mr. Robert B. Seitz, President & C.E.O.
office@hylake.com
Forward-Looking Statements
This release contains forward-looking statements, including predictions, projections and forecasts. Forward-looking statements include, but are
not limited to, statements with respect to exploration activities and results (including the timing of results), the timing and success of exploration
activities generally, permitting timelines, government regulation of exploration and mining operations, environmental risks, title disputes or
claims, limitations on insurance coverage, timing and possible outcomes of any pending litigation and timing and results of future resource
estimates or future economic studies, and in particular include statements with respect to the timing of the reporting of drilling results at Rowan
Lake and the other properties. Often, but not always, forward-looking statements can be identified by the use of words such as “plans”,
“planning”, “planned”, “expects”, or “looking forward”, “does not expect”, “continues”, “scheduled”, “estimates”, “forecasts”, “intends”,
“potential”, anticipate”, “does not anticipate”, or “belief”, or describes a “goal” or variation of such phrases or state that certain actions, events or
results “may”, “could”, “would”, or “will” be taken, occur or be achieved.
Forward-looking statements are based on a number of material factors and assumptions, including the result of drilling and exploration activities,
the expected geological conditions or formations are not located, that contracted parties provide goods and/or services on the agreed timeframes,
that the equipment necessary for the exploration is available as scheduled and does not incur unforeseen break downs, that no labour shortages or
delays are incurred, that plant and equipment function as specified, that no unusual geological or technical problems occur, and that laboratory
and other related services are available and perform as contracted.
Forward-looking statements involve known and unknown risks, future events, conditions, uncertainties and other factors which may cause the
actual results, performance or achievements to be materially different from any future results, prediction, projection, forecast, performance or
achievements expressed or implied by the forward-looking statements. Such factors include, among others, the interpretation and actual results of
current exploration activities; changes in project parameters as plans continue to be refined; future prices of gold; possible variations in grade or
recovery rates; failure of equipment or processes to operate as anticipated; the failure of contracted parties to perform; labour disputes and other
risks of the mining industry; delays in obtaining governmental approvals or financing or in the completion of exploration. Although Hy Lake has
attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forwardlooking
statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no
assurances that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.
ROWAN-NT ZONE CONTINUES TO RETURN HIGH-GRADE RESULTS
HY LAKE GOLD INC. (CNSX: HYL) is pleased to announce drill results from the first of two targets
recently drilled its 60%-owned Rowan Lake Mine property, held in a Joint Venture with Red Lake Gold
Mines, a General Partnership of Goldcorp Inc. and Goldcorp Canada Ltd. Results from the second target
in the Rowan Main Zones are being analysed by the Company and will be released when available.
The 17-hole, 3,880 metre drill program focused on further extending the Rowan-NT Zone high-grade
mineralized structural corridor along strike, both to the south-west and to the north-east, from the 2010
drilling. The confirmed strike length is now 900 metres and is open to the north-east for at least an
additional 1,100 metres. All 17 holes of this drill program intersected wide zones of Iron Carbonate
alteration and Silica/Sulphide replacement within altered and brecciated volcanic and sedimentary rocks.
The depth potential of this zone remains untested and the potential for additional high-grade gold
discoveries within this system is high.
The Rowan-NT zone represents a 2010 discovery on the Rowan Lake Mine property on trend with the
Confederation/Redstar Newman Todd Structure (NTS), which continues to return high grade assays
results (see Confederation news release of Oct. 19, 2011 and Nov. 2, 2011).
Highlights from the Hy Lake Gold drilling include gold intersections of:
• 1 metre of 28.7 g/t gold, 13.7 g/t gold, 12.8 g/t gold, 12.3 g/t gold, 10.2 g/t gold and 10.1 g/t
gold in several holes.
• Composite values of 7.67 g/t gold over 2 metres, 5.96 g/t gold over 2 metres, 4.36 g/t gold
over 3 metres and 2.17 g/t gold over 11 metres.
• Results include 27 intersections with gold concentration of 2 g/t gold or greater, 33
intersections with 1-2 g/t gold, 78 intersections with 0.5-1 g/t gold and 160 intersections with
0.25-0.5 g/t gold.
• Rowan-NT Zone breccia corridor mineralized the full length of the current 900 meter strike
length and open to the north-east (see Map 1 below).
• A table of significant results (27 intersections of 2.0 g/t gold or greater) is shown below.
Table of significant results
Hole From (m) To (m) Gold (g/t) Width (m)
HY-11-41 78 79 3.18 1.00
HY-11-41 and 80 81 12.80 1.00
HY-11-41 and 97 98 3.68 1.00
HY-11-41 and 155 156 6.17 1.00
HY-11-42 composite 39 50 2.17 11.00
HY-11-42 including 40 41 7.51 1.00
HY-11-42 including 42 43 4.78 1.00
HY-11-42 including 48 49 4.33 1.00
HY-11-42 and 145 146 28.70 1.00
HY-11-42 and 151 152 2.47 1.00
HY-11-42 and 259 260 4.58 1.00
HY-11-43 86 87 2.21 1.00
HY-11-44 231 232 2.29 1.00
HY-11-47 48 49 6.38 1.00
HY-11-48 47 48 6.36 1.00
HY-11-48 and 89 90 12.30 1.00
HY-11-48 and 141 142 5.20 1.00
HY-11-49 composite 43 45 5.96 2.00
HY-11-49 including 43 44 10.20 1.00
HY-11-49 composite 98 100 7.67 2.00
HY-11-49 including 99 100 13.70 1.00
HY-11-50 85 86 3.29 1.00
HY-11-51 31 32 2.00 1.00
HY-11-51 and 100 101 4.07 1.00
HY-11-51 composite 226 229 4.36 3.00
HY-11-51 including 226 227 2.64 1.00
HY-11-51 including 228 229 10.10 1.00
HY-11-52 49 50 3.88 1.00
HY-11-53 132 133 2.88 1.00
HY-11-53 and 221 222 3.60 1.00
HY-11-55 95 96 4.82 1.00
* None of the intersection widths should be construed as necessarily representing a true width of the sampled
material. Weighted average gold intervals apply a 0.25 g/t lower cut-‐off
Vadim Galkine, VP Exploration states: “We are once again extremely pleased with the results from the
most recent drilling at the Rowan-NT Zone. Quartz breccia, quartz-carbonate and carbonate breccias were
intersected in all holes with true width varying within a 25-110 metre range. Obviously, we are closely
following the news from Confederation Minerals which has been drilling the south-west extension of the
Rowan-NT structure. Hy Lake Gold has only just begun to explore this structure. Only 21 relatively
shallow holes have been drilled by Hy Lake Gold in 2010-2011 and returned very exciting and
encouraging results. Confederation’s geological model considers the Newman Todd Structure as a host to
widespread high-grade gold mineralization over a strike length of 1.6 kilometres. Hy Lake Gold’s recent
drilling has extended the actual strike length of the zone by an additional 0.9 kilometres and the Rowan-
NT Zone remains open to the north-east on the Rowan Joint Venture property for an indicated 1.1
kilometres. It is also very intriguing that, although the breccias usually return higher gold assays, the gold
mineralization corridor turns out to be much wider than the breccia zone itself. One can speculate that the
breccia zone delineated this year may represent just one sliver of a broader shear corridor with gold
mineralization. Favourable to this theory are the existence of the historic Creek Zone and Porphyry Hill
Zone which are to the east of the north-east, on-strike extension of the Rowan-NT Zone. Additional
drilling to the north-west and south-east of the Rowan-NT Zone is needed to test this hypothesis. Hy Lake
Gold will continue drilling the structure to the north-east to test the continuity of the breccia zone both
along strike and downdip.”
Hy Lake Gold President and CEO Robert Seitz added: “Our exploration model for the Rowan-NT Zone is
confirmed as we continue to drill this structure to the north-east. We are very pleased with these latest
results. Particularly encouraging are our deepest high grade intercept to date in Hole HY-11-51 and our
highest grade intercept to date in Hole HY-11-42. Data from this delineation phase of drilling will assist
us as we plan to test the depth continuity of this system. Having recently defined an east-west corridor of
breccia mineralization north of the Rowan Main Zones (see news release of Oct. 19, 2011), we believe
that the Rowan-NT Zone may merge with the Porphyry Hill/Creek Zone areas and the Rowan Main
Zones. We are developing several high priority targets within these structurally-controlled convergence
areas.”
Vadim Galkin, PhD, P.Geo. who is a qualified person under the definition of National Instrument 43-101
has reviewed the technical information contained in this press release. Core samples from the Rowan
program were cut in half using a diamond cutting saw and will be sent to ActLabs, an accredited mineral
analysis laboratory in Red Lake, Ontario, for preparation and analysis utilizing both fire assay and screen
metallic methods. Certified gold reference standards, blanks and field duplicates have been routinely
inserted into the sample stream as part of Hy Lake Gold’s quality control/quality assurance program.
Michael Schweinberger, M.Sc. managed field operations for this phase of the 2011 exploration program.
As project geologist, Michael supervised drilling operations, logged and sampled drill core and managed
the core cutting. Drilling operations at the Rowan Lake Mine property were carried out by Chibougamau
Diamond Drilling Ltd. of Chibougamau, Quebec.
About Hy Lake Gold Inc.
Hy Lake Gold is a Toronto-based mineral exploration company focused on the gold exploration and
development business in the prolific Red Lake Mining District of Northwestern Ontario, Canada. Hy
Lake Gold has assembled several significant property packages totalling approximately 3,500 hectares in
west Red Lake. The properties cover a 12 kilometre distance along the West Red Lake Mine Trend,
containing 3 former producing gold mines, and the Company continues to explore these historical
properties both along strike and at depth. To find out more about Hy Lake Gold Inc. (CNSX: HYL) visit
our website at www.hylake.com.
Shares Issued: 41,649,148
On behalf of the board:
Mr. Robert B. Seitz, President & C.E.O.
office@hylake.com
Forward-Looking Statements
This release contains forward-looking statements, including predictions, projections and forecasts. Forward-looking statements include, but are
not limited to, statements with respect to exploration activities and results (including the timing of results), the timing and success of exploration
activities generally, permitting timelines, government regulation of exploration and mining operations, environmental risks, title disputes or
claims, limitations on insurance coverage, timing and possible outcomes of any pending litigation and timing and results of future resource
estimates or future economic studies, and in particular include statements with respect to the timing of the reporting of drilling results at Rowan
Lake and the other properties. Often, but not always, forward-looking statements can be identified by the use of words such as “plans”,
“planning”, “planned”, “expects”, or “looking forward”, “does not expect”, “continues”, “scheduled”, “estimates”, “forecasts”, “intends”,
“potential”, anticipate”, “does not anticipate”, or “belief”, or describes a “goal” or variation of such phrases or state that certain actions, events or
results “may”, “could”, “would”, or “will” be taken, occur or be achieved.
Forward-looking statements are based on a number of material factors and assumptions, including the result of drilling and exploration activities,
the expected geological conditions or formations are not located, that contracted parties provide goods and/or services on the agreed timeframes,
that the equipment necessary for the exploration is available as scheduled and does not incur unforeseen break downs, that no labour shortages or
delays are incurred, that plant and equipment function as specified, that no unusual geological or technical problems occur, and that laboratory
and other related services are available and perform as contracted.
Forward-looking statements involve known and unknown risks, future events, conditions, uncertainties and other factors which may cause the
actual results, performance or achievements to be materially different from any future results, prediction, projection, forecast, performance or
achievements expressed or implied by the forward-looking statements. Such factors include, among others, the interpretation and actual results of
current exploration activities; changes in project parameters as plans continue to be refined; future prices of gold; possible variations in grade or
recovery rates; failure of equipment or processes to operate as anticipated; the failure of contracted parties to perform; labour disputes and other
risks of the mining industry; delays in obtaining governmental approvals or financing or in the completion of exploration. Although Hy Lake has
attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forwardlooking
statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no
assurances that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.
to Vote For or to Vote Against a special resolution of shareholders authorizing an
amendment of the articles of the Corporation providing for a change of name of the Corporation to
"West Red Lake Gold Mines Inc." or such other name as shall be acceptable to the directors and
applicable regulatory authorities; and
Die Quelle findet ihr in SEDAR
Es gibt doch einen neuen Namen
http://www.sedar.com/GetFile.do?lang=EN&docClass=13&issuerNo…
amendment of the articles of the Corporation providing for a change of name of the Corporation to
"West Red Lake Gold Mines Inc." or such other name as shall be acceptable to the directors and
applicable regulatory authorities; and
Die Quelle findet ihr in SEDAR
Es gibt doch einen neuen Namen
http://www.sedar.com/GetFile.do?lang=EN&docClass=13&issuerNo…
DurchsuchenBeitrag zu dieser Diskussion schreiben
Zu dieser Diskussion können keine Beiträge mehr verfasst werden, da der letzte Beitrag vor mehr als zwei Jahren verfasst wurde und die Diskussion daraufhin archiviert wurde.
Bitte wenden Sie sich an feedback@wallstreet-online.de und erfragen Sie die Reaktivierung der Diskussion oder starten Sie eine neue Diskussion.
Meistdiskutiert
| Wertpapier | Beiträge | |
|---|---|---|
| 196 | ||
| 93 | ||
| 66 | ||
| 50 | ||
| 46 | ||
| 42 | ||
| 42 | ||
| 37 | ||
| 35 | ||
| 27 |
| Wertpapier | Beiträge | |
|---|---|---|
| 23 | ||
| 21 | ||
| 20 | ||
| 20 | ||
| 19 | ||
| 19 | ||
| 18 | ||
| 18 | ||
| 15 | ||
| 15 |
