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Ich denke, dass bald news kommen und schnell 100% drinn sind. Sind mit Placer Dome zusammen in der Mongolei tätig:
Magnum signs Joint Venture Agreement With Placer Dome on the Khul Morit Property in Mongolia
Wednesday July 13, 1:04 pm ET
TORONTO--(BUSINESS WIRE)--July 13, 2005--Mr. John K. Yee, Chairman of Magnum d`Or Resources, Inc. ("the Company")(OTCBB:MAGR - News) is pleased to announce that a Joint Venture Agreement has been signed with Placer Dome International Limited (NYSE:PDG - News; TSX:PDG - News). The Agreement specifies a two and a half year period whereby Placer Dome will have the option to earn a 60% interest in the Khul Morit property by expending $1,000,000 USD. Placer Dome may earn an additional 20% interest with the completion of a feasibility study on the Khul Morit property. Given that a positive development decision is made, Placer Dome will be responsible to expend 80% of the production costs, and Magnum will be responsible for the remaining 20% of the costs. If either party does not fulfill its` obligation, the alternate party will take ownership for 100% of the property.
Mr. Yee commented, "The Company is highly encouraged by the recognition from Placer Dome on the potential merit and economics that the Khul Morit property represents." He further stated, "We are optimistic about the immediate potential for further favourable results as the work period progresses. Placer Dome is recognized internationally as one of the largest mining companies in the world, and hence with the Khul Morit moving forward, the Company can focus its` attention on the acquisition of additional properties in Mongolia and Asia."
Assay tests from the 2004 drill program on the Khul Morit are currently being processed, and the Company expects the results shortly.
Magnum signs Joint Venture Agreement With Placer Dome on the Khul Morit Property in Mongolia
Wednesday July 13, 1:04 pm ET
TORONTO--(BUSINESS WIRE)--July 13, 2005--Mr. John K. Yee, Chairman of Magnum d`Or Resources, Inc. ("the Company")(OTCBB:MAGR - News) is pleased to announce that a Joint Venture Agreement has been signed with Placer Dome International Limited (NYSE:PDG - News; TSX:PDG - News). The Agreement specifies a two and a half year period whereby Placer Dome will have the option to earn a 60% interest in the Khul Morit property by expending $1,000,000 USD. Placer Dome may earn an additional 20% interest with the completion of a feasibility study on the Khul Morit property. Given that a positive development decision is made, Placer Dome will be responsible to expend 80% of the production costs, and Magnum will be responsible for the remaining 20% of the costs. If either party does not fulfill its` obligation, the alternate party will take ownership for 100% of the property.
Mr. Yee commented, "The Company is highly encouraged by the recognition from Placer Dome on the potential merit and economics that the Khul Morit property represents." He further stated, "We are optimistic about the immediate potential for further favourable results as the work period progresses. Placer Dome is recognized internationally as one of the largest mining companies in the world, and hence with the Khul Morit moving forward, the Company can focus its` attention on the acquisition of additional properties in Mongolia and Asia."
Assay tests from the 2004 drill program on the Khul Morit are currently being processed, and the Company expects the results shortly.
Magnum reports on Mongolian Mineral Exploration
Thursday October 6, 12:29 pm ET
OTCBB:MAGR
TORONTO, Oct. 6 /PRNewswire-FirstCall/ - Mr. John K. Yee, Chairman of Magnum d`Or Resources, Inc. is pleased to report that Placer Dome International Limited (NYSE:PDG - News; TSX:PDG - News) has commenced field work for the examination phase on the Khul Morit Property in Mongolia this month. A geology team has inspected the site and is currently assessing all the available technical data prior to laying out an exploration program.
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Placer recently sponsored a Gold / Exploration Conference called Discover Mongolia held in Ulaanbaatar, the Capital of Mongolia, on September 15 and 16, 2005.
The diamond drill core samples from the Khul Morit Property have now been delivered to the assayer in Vancouver and results are expected shortly.
Mr. Yee additionally reports that the Company is encouraged by the progress of this work and is currently assessing new opportunities to enhance shareholder value.
Thursday October 6, 12:29 pm ET
OTCBB:MAGR
TORONTO, Oct. 6 /PRNewswire-FirstCall/ - Mr. John K. Yee, Chairman of Magnum d`Or Resources, Inc. is pleased to report that Placer Dome International Limited (NYSE:PDG - News; TSX:PDG - News) has commenced field work for the examination phase on the Khul Morit Property in Mongolia this month. A geology team has inspected the site and is currently assessing all the available technical data prior to laying out an exploration program.
ADVERTISEMENT
Placer recently sponsored a Gold / Exploration Conference called Discover Mongolia held in Ulaanbaatar, the Capital of Mongolia, on September 15 and 16, 2005.
The diamond drill core samples from the Khul Morit Property have now been delivered to the assayer in Vancouver and results are expected shortly.
Mr. Yee additionally reports that the Company is encouraged by the progress of this work and is currently assessing new opportunities to enhance shareholder value.
Gold auf 14jahreshoch........
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