Merrex Gold - 500 Beiträge pro Seite

[Goldadler]

Ein intersaanter kanadischer Explorer, der in Mali tätig ist.

Aus "minesite.com" von heute:

May 11, 2011
Merrex Gold May Be Small, But IAMGOLD Thinks It Is Beautiful

By Charles Wyatt

The reason IAMGOLD Corporation, the mid-tier Canadian gold producer, originally wanted to get involved with Merrex Gold in 2008 was that it already knew almost as much about its Siribaya gold project in Mali as Merrex did itself. Siribaya is bang next door to the Sadiola open pit which IAMGOLD owns jointly with AngloGold Ashanti, and just down the road on this prolific sequence of Birimian greenstone is Randgold’s Loulo gold mine. The original agreement between Merrex and IAMGOLD was that IAMGOLD would earn a 50 per cent interest in Siribaya by spending US$10.5 million over four years on exploration. This farm-in relationship has recently become a lot closer, with IAMGOLD taking a placement worth C$2.5 million at C55 cents per share to give it an 11.37 per cent shareholding in Merrex. The current share price is marginally below that level, which may owe something to the recent shakeout in the gold price. But investors do not seem to have caught onto the fact that IAMGOLD is becoming ever closer to Merrex and there is always the possibility of a marriage.

The 2011 exploration program within the Siribaya mega-structure includes 17,000 metres of reverse circulation drilling to extend the explored strike length of the Siribaya trends from three to six kilometres, and 10,000 metres of diamond drilling to increase the present NI 43-101 resource estimate. At present this stands at 4.02 million tonnes grading 2.39 grams per tonne for 308,200 ounces in the indicated category, and 946,000 tonnes grading 2.29 grams for a further 69,500 inferred. There is clearly plenty more to come, as the resource is open to the north, south and at depth and was calculated using minimal data. Meanwhile, outside of the Siribaya structures new mineralized trends have been discovered at Siribaya West, and on the Babara trends which lie to the east of Siribaya on the Babara and Kofia permits. These trends will be further tested during the 2011 field season.

Siribaya consists of six contiguous exploration permits covering 800 square kilometres, making Merrex the largest contiguous permit holder in Mali. The property, which is situated just 50 kilometres south of the town of Kenieba, has over 100 kilometres of gold anomalous structural lineaments, many of which have not yet been explored. The properties are traversed by the Faleme River, which provides ample water for exploration activities and would be sufficient to support mining activities should the project advance through development to production. IAMGOLD took over the operatorship last October, as it was ahead of the game as far as the farm-in was concerned and the two partners have agreed a minimum budget of US$3 million for exploration for this year’s field season. At the moment Merrex chief executive Greg Isenor reckons that his big partner has spent just about US$8 million out of the required US$10.5 million, which is good going.

This latest round of exploration will be aimed at developing the mineral potential of the Siribaya permits and confirming the potential for a two-to-four million ounce deposit along the strike extent of the Siribaya trend. Talking to Greg on the telephone from Nova Scotia, he is at pains to make the point that those figures should be viewed as a minimum, not a maximum. He goes on to confirm that the relationship with IAMGOLD is excellent, that the work they are carrying out is meticulous “even if it is not exactly how I would have done it”, and that he has just been looking at some photos of the improvements they have made to the camp at Siribaya. “There will be three rigs working there this year, so you can expect a steady flow of news”, he adds. The latest news is that augur drilling in the Bambadinka zone, two kilometres west of the Siribaya mega-stgructure has come up with grades approaching three grams per tonne at shallow depths, which is significantly higher than previously reported. “Grade is what we are after”, comments Greg, “and the higher the better”.

At the end of last year he put his house in order by buying the outstanding 50 per cent interest in the Jubilee lead-zinc project in Nova Scotia, as well as a couple of other smaller projects in the same area. These smaller ones were sold at the beginning of this year leaving Merrex with total control over Jubilee. But even so, Greg does not intend to spend money on Jubilee at the moment, while he formulates plans for the years ahead. All of which means that Merrex is in an interesting position, as IAMGOLD has already made an informal approach, but was told nothing doing at this stage. IAMGOLD will doubtless return, but by that time Merrex’s shares should be higher on the back of results from current exploration and an updated resource estimate. In the meantime a partner could be brought into Jubilee or it might be sold, but there’s no need to rush to a decision. The point is that IAMGOLD has fallen in love with Merrex, even if the share price has yet to take this on board.

Gruß Goldadler

[kupferberggold]

Ganz interessanter Kandidat für die Watchlist, habe ich gerade heute morgen an anderer Stelle etwas drüber gelesen.
Merrex nimmt diese Tage wohl Bohrungen bei einem Goldprojekt im Mali auf.

[Goldadler]

Inzwischen ist IAMGold mit 50% beteiligt (Artikel Capital-Manager):

Aktien des in Mali aktiven Explorers Merrex Gold (Kanada: MXI) stehen scheinbar vor einem Comeback. Wir hatten das Unternehmen bereits im Mai zu Kursen um 0,50 CAD vorgestellt, waren damals aber etwas zu früh dran. Nun könnte ein zweiter Versuch lohnen, denn der kanadische Partner IAMGOLD (ISIN CA4509131088 / WKN 899657) (Kanada: IMG) hat sich nunmehr 50% des Siribaya Gold-Projektes gesichert und sich endgültig zu Merrex bekannt. Vertragsgemäß investierte der Goldkonzern von 2009 bis Ende 2011 rund 10,5 Mio. CAD in die Exploration des Vorkommens.

In den kommenden Wochen erwarten wir nun von IAMGOLD einen ansehnlichen Drilling-Plan für 2012, der weitere Investoren auf die Chancen von Merrex aufmerksam machen könnte. Außerdem ist eine erweiterte Ressourcenschätzung für Siribaya überfällig, welche die teils spektakulären Bohrerfolge aus 2011 berücksichtigt.

Merrex weist für sein 800 km² großes Hauptprojekt aktuell 378.000 Unzen Gold der Kategorie Indicated aus, die sich aus 4 Mio. Tonnen mit 2,39 g/t Gold herleiten. Weitere 946.000 Unzen kommen in der niedrigeren Inferred-Kategorie hinzu. Das Wichtigste: Das bis dato bekannte Siribaya-Vorkommen ist nach Norden, Süden und in der Tiefe offen. Das weiß natürlich auch IAMGOLD, welche über kurz oder lang eine Komplettübernahme des Projektes im Auge hat. Geologen vermuten allein in der 8 km langen Siribaya-Zone 3 bis 4 Mio. Unzen Gold.

Allerdings bestehen die Merrex-Gebiete aus mehreren Goldzonen, deren Erkundung viele Jahre braucht. Uns würde es deshalb nicht wundern, wenn IAMGOLD möglichst lange die Füße still hält, um letztlich günstig an diesen potenziellen Gold District in Mali zu kommen. Liegen wir richtig, winken Merrex längerfristig vielfach höhere Übernahmekurse. Doch bitte bedenken Sie: Aktuell bringt dieser Mali-Explorer nur 42 Mio. CAD auf die Börsenwaage. Entsprechend groß sind die Risiken und Kursschwankungen, aber eben auch die Chancen. Deshalb wagen sich im aktuellen Stadium nur spekulative Anleger mit kleinem Geld an Merrex Gold heran. Wir würden aktuell Stücke zwischen 0,30 und 0,35 CAD einsammeln, aber bei 0,20 CAD ein mentales Stopp-Loss einziehen.

Gruß Goldadler

[brocklesnar]

Antwort auf Beitrag Nr.: 42.569.313 von Goldadler am 09.01.12 16:45:15

kannst du einen RT-Chart aus Canada hier einstellen?

danke

[Goldadler]

https://www.comdirect.de/inf/aktien/detail/uebersicht.html?I…
REFERER=search.general" target="_blank" rel="nofollow ugc noopener">https://www.comdirect.de/inf/aktien/detail/uebersicht.html?I…
REFERER=search.general

Link zum Merrex-Chart bei der Comdirect.

Gruß Goldadler

[Kongo-Otto]

Merrex Gold Inc. Files NI 43-101 Technical Report for Updated Resource Estimate for the Siribaya Gold Project

http://www.stockhouse.com/financialtools/sn_newsreleases.asp…