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    Globex Mining- Startschuss ??? (Seite 1596)

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      schrieb am 10.10.11 16:42:46
      Beitrag Nr. 16.875 ()
      Bald kommt die Vormachbarkeitsstudie von Timmins-Deloro. Zur Einstimmung hier aus dem Jahresbericht 2010 was dieses Projekt betrifft, leider nur in Englisch:

      Location.
      The property consist of 17 patented surface rights claims and 23 mineral claims situated 13 km southeast of the City of Timmins, in the southern half of Deloro Township, PorcupineMining District,, Ontario. Access is via Pine Street in Timmins, which extends southward intonorthern Ogden Township. A gravel bush road trends eastward from Ogden Township just below the township line (Odgen ‐ Montjoy) into Adams Township. After the road crosses the regional powerline, a branch trends northward directly across the centre of the property in Deloro Township.

      Geology and Metallurgy.
      The area is underlain by Archean intrusive and extrusive units and sediments including large masses of altered ultramafic and at least one east‐west diabase dyke. Strikes are generally east‐west, dips near vertical or steeply to the north. The magnesite‐talc‐quartz rock unit is exposed on surface as large areas of outcrop 10 to 20 feet above a sand plain floor. The property, as described in government documents, is reported to contain a large body of magnesite, talc and quartz reported to be in the order of +100,000,000 million tonnes (historical non NI 43‐101) in the limited area previously tested by widely spaced drill holes. This historical tonnage reference has not been confirmed by Globex geological personnel and should not be relied upon. Historically the zone was described as being made up of roughly 54% magnesite (MgCO3), 27% talc and 16% quartz with 3% accessory iron oxides. Previous pilot plant flotation tests indicate that 65‐70% of the magnesite can be recovered in a flotation concentrate which is 99% acid soluble. Iron has replaced some magnesia in the crystal lattice of the magnesite resulting in a high iron product. The iron can be removed by chemical processes.

      Historically, it is believed that the carbonate concentrate is capable of being calcined to produce caustic calcined magnesia having the following chemical properties:

      Magnesia (MgO) 92.5%
      Iron Oxide (Fe2O3) 6.0%
      Silica (SiO2) 1.0%
      Lime (CaO) 0.1%
      Miscellaneous 0.4%

      Previous operators extensive previous bench pilot research confirmed that the iron in the caustic calcined MgO could be reduced from 6.0% to 0.4% (Fe2O3) or lower, by a simple chlorine roast. The chlorine roast would have removed the iron as volatilized ferric chloride (FeCl3) itself a saleable chemical by‐product used in water purification.

      The analysis of the low iron product was:

      Magnesia (MgO) 98.3%
      Iron Oxide (Fe2O3) 0.4%
      Silica (SiO2) 0.8%
      Lime (CaO) 0.1%
      Miscellaneous 0.4%

      Historically it was recognized that talc could be recovered as a first stage in the flotation process, and after cleaning and re‐cleaning in additional flotation cells, can be dried and processed by fine grinding to produce a high purity, fibre free, low arsenic talc, suitable for the paper, paint and cosmetic industries. The 30‐35% of the magnesite lost to tailings in the second stage of the flotation process can be chemically recovered.

      Testing indicated that the tailing from the flotation make an excellent feed which will produce a high purity product (99% MgO) with iron and calcium each less than 0.1%.

      In October 2001, Globex received a Scoping Study prepared by the international engineering firm Hatch which proposed Globex proceed with a bankable feasibility study in order to study and document a proposed CDN$1.15 billion (US$966.0 million) mine‐mill‐smelter complex proposal.

      In 2002 and 2003, Globex drilled four cross‐sectional holes across the magnesite deposit.

      In 2004, 100 core samples representing a complete cross section of the magnesite deposit were sent for
      whole rock and QemSCAN analysis at SGS’s Lakefield, Ontario laboratory.

      In 2007, two samples of "average ore" and "high‐grade ore" were sent to Drinkard Metalox for testing, using a patented process to produce magnesium oxide.

      In 2008, Globex signed a binding Letter of Intent (the “LOI”) with the hydrometallurgical research firm, Drinkard Metalox, Inc. (DMI), pertaining to Globex’s magnesite‐talc property near Timmins, Ontario. Under the LOI, a joint venture was formed (75% Globex and 25% Drinkard Metalox) in order to perform test work, and if successful, monetize a patented hydrometallurgical process to produce magnesium compounds and high brightness talc from the property. During the third quarter of 2008, laboratory scale test was completed. Results were positive and test work moved on to the next phase; bench scale testing. Globex engaged Aker Metals, a division of Aker Solutions Canada
      Inc., to oversee the application of the process technologies. Seventeen (17) drill holes, totalling 2,126.7m (TM‐05 to TM‐21 inclusive) were completed on sections 8+50E, 9+50E and 10+50E, within the core, central area of the Timmins talc‐magnesite deposit. Field work was conducted during October to December, 2008 and concentrated on stratigraphic drilling of the main southern magnesite lens, A Zone in the area of the Pamour Pit, for magnesite, talc, MgO (wt%) grades and mineralogical zonation studies. A stratigraphic fence was also completed to examine the northern magnesite B Zone, on section 10+50E. On November 3, 2008, Globex announced the engagement of KPMG Corporate Finance LLC as exclusive financial advisor to help arrange financing of Globex’s magnesite‐talc project. KPMG has assigned a dedicated team to work with Globex to move the program toward production.

      During 2009, the initial Drinkard Metalox Inc. (DMI) bench work testing was completed, supported by a summary report from Aker Solutions Canada Inc. In addition, a 360 kg crushed drill core composite from the A Zone, intersected along Line 9+50E, was prepared and sent to SGS Lakefield Research Limited for additional metallurgical research, but, primarily to investigate the question of identifying the preferred processing flow sheet and whether it was more advantageous to float‐off the talc early by conventional means or acid liberate as part of the hydro‐metallurgical cycle. Once again, this work was carried out in conjunction with DMI, and is still on‐going in 2010. Micon International Limited, Toronto was awarded the contract to prepare the initial mineral resources for the Timmins Magnesite‐Talc Project on July 10, 2009. The NI 43‐101 Technical Report was published on March 2, 2010 under SEDAR project no. 01541226. The report outlines a mineral resource sufficient to sustain more than twenty years of mineral production. In addition, the Company spent some time in the field collecting data in preparation of taking the current staked claims to lease, while Blue Heron Solutions for Environmental Management Inc. was awarded a contract to complete a Phase I baseline study report.

      In January 2010, the Company achieved the US$1.5 million spending threshold for the Deloro project as defined in the agreement dated October 23, 2008 between Drinkard Metalox Inc. (“DMI”) and the Company. On March 5, 2010, the agreement was amended, with Globex increasing its ownership to 90% from 75% in exchange for assuming funding of 100% of all costs for the project to the point that the project is spun off into a separate publicly traded vehicle (see press release dated March 17, 2010).

      The Timmins Talc‐Magnesite (“TTM”) project is held under an agreement with Drinkard Metalox Inc. (90% Globex ‐ 10% Drinkard). In January 2010, the Company achieved the US$1.5 million spending threshold as defined in the agreement between Drinkard Metalox Inc. (“DMI”) and the Company dated October 23, 2008. On March 5, 2010, the agreement was amended, with Globex increasing its ownership to 90% from 75% in exchange for Globex assuming the complete funding of all costs for the project to that point in time when the project is spun off into a separate publicly traded vehicle (see press release dated March 17, 2010).

      In 2009, the Company reported that over half of the Company’s exploration resources were directed toward the Talc‐Magnesite project. In the current year, the Company has spent approximately 48% (2009 – 51%) of its exploration funds on this project.

      On September 20, 2010, the Company issued a detailed press release which outlined that it had been diligently advancing the project through detailed hydrometallurgical tests while at the same time the project team was addressing numerous aspects of the project from environmental and mining permitting to project design, and all that entails. Subsequently on October 26, 2010, the Company provided an additional update on the project. The press releases provided details related to Testing, Permitting and Environmental, Land, Marketing, and Pre‐Feasibility Study as further described:

      Testing
      The micro‐pilot test work was begun at a projected cost of US$500,000 and was completed by year end 2010. At year end, the final report of results was still outstanding. Hydrometallurgical pilot testing, the results of which were received in the first quarter of 2011, provided the technical information required to complete in 2011 a prefeasibility study (PFS) and the design of a demonstration production plant.

      Permitting and Environmental
      Blue Heron Solutions for Environmental Management Inc. (Blue Heron) has completed the first phase of environmental baseline studies in order to acquire the permits to develop an open pit talc‐magnesite mine.
      A series of monitoring water wells have been commissioned and installed in order to study the water table in the area of the proposed open pit. This work and other data collection is ongoing under the second phase of the program managed by Blue Heron with assistance from Golder Associates Ltd.
      In addition, an initial intergovernmental meeting was held on September 16, 2010 at which Globex introduced the project to the various government agencies involved in the approval process for such projects. Aboriginal communities will be consulted to solicit their input regarding the project, estimated to start in early 2011.

      Land
      The size of the property has been increased through the purchase of 5 claim units that adjoin the property to the south. A request has been filed with the Ministry of Northern Development, Mines & Forestry to convert the exploration claims to lease, an important mineral title step in our march toward production. In addition, a 12 unit‐sized claim was staked on behalf of the Company, in the adjoining township to the South. This claim block is referred to as the “Adam Block” and straddles the Mountjoy River Road immediately to the east of Pine Street.

      Internal Scoping Study
      In early 2011, Globex completed an internal scoping study in order to help define the parameters to be the basis of a Pre‐Feasibility Study. The study was successful in outlining parameters to be used in the design of the Pre‐Feasibility Study including optimum plant size, etc.

      Marketing Study and Product Testing
      Roskill Consulting Group Limited of London England was engaged to perform market studies on a number of specialty magnesium compounds and talc. The Company has received the results of the studies which have among other things identified the products and markets which appear potentially most advantageous to the Company. In response to requests from potential clients, samples of both magnesium and finely ground talc have been produced. One potential client in Europe has been testing a mixture of talc and a magnesium compound. Initial indications are that, the material meets their requirements. Additional test work is ongoing.

      Pre‐Feasibility Study
      Many of the project phases as outlined above are defined to advance the overall project through the completion of a Pre‐Feasibility Study in accordance with the rules and requirements as outlined in NI 43‐101. The efforts will also generate a conformable resource calculation and contracts have been signed with Micon International Ltd. and Jacobs Engineering Group Inc. to prepare a pre‐feasibility study expected by September 2011. As previously reported, the next milestone for the Timmins Talc‐Magnesite project is to develop a commercial flow sheet and build a demonstration plant. To that end, Micon International Ltd. completed a NI 43‐101 compliant resource report on the project, dated March 2, 2010. Globex’s earlier objective was to confirm the existence of a talc and magnesium‐bearing resource of at least 20 million tonnes, an amount sufficient to sustain 20 years of mineral production at a mining rate of 1 million tonnes per year. The mineral resource estimate by Micon surpassed the target tonnage by more than 50% using information to a depth of only 100 metres. Following the completion of all of these efforts, the Company will consider migrating the project activities into Worldwide Magnesium Corporation, a private company (90% owned by Globex and 10% owned by DMI) to undertake the next phase of the project.

      The following is the tonnage and grade of the mineral resource as estimated by Micon in a limited
      portion of the A Zone:

      Mineral Resource Estimate
      Category Tonnes Sol MgO (%) Sol Ca (%) Magnesite (%) Talc (%)
      A Zone Core
      Indicated 12,728,000 20.0 0.21 52.1 35.4
      Inferred 18,778,000 20.9 0.26 53.1 31.7
      A Zone Fringe
      Inferred 5,003,000 17.6 2.82 34.2 33.4

      Sol MgO = Soluble magnesium oxide Sol Ca = Soluble calcium carbonate
      Note: Additional information is available in the press release dated March 2, 2010 and in the complete report which
      is filed on www.Sedar.com

      The resource is open both along strike to the west and east where it is exposed on surface as well as to depth. Additional drilling, trenching and assaying will be undertaken to facilitate raising part of the resource to the reserve category. The Company is currently focused on bringing the project's claim group to lease, obtaining environmental and regulatory approvals and demonstrating the feasibility of the proposed technology. Last year bench scale test work was completed and a drilled composite sample from section L9+50E was used to carry out a set of tests on larger 100 Kg sized samples. This work concentrated on talc liberation studies and the products that could be produced using proprietary DMI technology.

      During early 2010 a second larger drill composite sample of some +600 Kg was processed by standard floatation techniques to remove the talc. The magnesite‐rich tails of this processing was the subject of a pilot study in Charlotte, North Carolina, using DMI’s micro‐plant equipment. This test work collected data to optimise and design a commercial flow sheet. Engineering work will design a scaled up demonstration plant to showcase the DMI technology.
      1 Antwort?Die Baumansicht ist in diesem Thread nicht möglich.
      Avatar
      schrieb am 10.10.11 16:13:10
      Beitrag Nr. 16.874 ()
      heute thanksgiving holiday canada, also börse zu
      Avatar
      schrieb am 10.10.11 10:01:52
      Beitrag Nr. 16.873 ()
      Antwort auf Beitrag Nr.: 42.190.942 von muenchenguru am 10.10.11 09:46:20jetzt hat uns die Schwerkraft von Kanada wieder runter gezogen.
      Andererseits waren die Umstätze in Kanada nicht mal halb so hoch in den letzten Tagen wie noch Mitte Sept.


      Als Globex-Urgesteine wissen wir, dass das immer wieder vorkommt und auch wieder ändert...

      Im Leben geht's oft rauf und runter.
      Sei schwindelfrei und bleib stets munter!


      Grus William
      Avatar
      schrieb am 10.10.11 09:46:20
      Beitrag Nr. 16.872 ()
      jetzt hat uns die Schwerkraft von Kanada wieder runter gezogen.
      Andererseits waren die Umstätze in Kanada nicht mal halb so hoch in den letzten Tagen wie noch Mitte Sept.

      Guter Wocheanfang
      1 Antwort?Die Baumansicht ist in diesem Thread nicht möglich.
      Avatar
      schrieb am 10.10.11 09:16:42
      Beitrag Nr. 16.871 ()
      Antwort auf Beitrag Nr.: 42.187.785 von Reggii am 08.10.11 16:20:15Hallo Reggii,

      Kurze Info für Dich:

      Die Europäischen Börsen haben geöffnet.

      Bis bald...:)

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      Avatar
      schrieb am 10.10.11 08:10:37
      Beitrag Nr. 16.870 ()
      Zitat von WilliamTell: Globex-Regel:
      Soon the sun will be shining
      am Himmel von Globex Mining


      Oh je
      Avatar
      schrieb am 10.10.11 07:27:58
      Beitrag Nr. 16.869 ()
      Ich hoffe, dass alle ein schönes Wochenende verbracht haben. Dann wollen wir mit der Tageschronik beginnen, auf Wunsch von boersehp mit Globex-Regel:

      Beim Spiel kann man einen Menschen in einer Stunde besser kennenlernen als im Gespräch in einem Jahr.

      (Platon)


      Heute ist Montag, 10. Oktober 2011
      Der 283. Tag des Jahres
      Der 734.422. Tag unserer Zeitrechnung

      Geburtstag haben:
      • Fritjof Nansen, geb. 1861 in Hof Mellom-Fröen/Oslo, norw. Forscher, † 13.5.1930, organisierte nach dem Ersten Weltkrieg die Wirtschaftshilfe für die hungernde Bevölkerung Russlands. Friedensnobelpreis 1922.
      • Adriaen Jansz von Ostade, geb. 1610 in Haarlem/Amsterdam, niederl. Maler, Zeichner und Radierer, † 2.5.1685.
      • Platon (Aristokles), geb. 427 v. Chr., griech. Philosoph, Schüler von Sokrates, † 347 oder 348 v. Chr.

      Todestag von:
      • Yul Brynner, † 1985 in New York City, schweiz.-amerik. Filmschauspieler, geb. 11.7.1915, "Der König und ich", "Die glorreichen Sieben".
      • Orson Welles, † 1985 in Los Angeles/Kalifornien, amerik. Regisseur und Filmschauspieler, geb. 6.5.1915, "Citizen Kane", "Der dritte Mann".
      • Abel Janszoon Tasman, † 1659 in Batavia, niederl. Seefahrer, geb. 1603, entdeckte am 24.11.1642 Van Diemen's Land und Neuseeland. Van Diemen's Land wurde 1853 nach ihm TASMANIEN benannt.

      Weltgeschehen:
      In Oklahoma lassen sich 1802 die ersten nicht-indianischen Siedler nieder.

      Bauernregel:
      Nichts kann mehr vor Raupen schützen als Oktoberreif in Pfützen.

      Globex-Regel:
      Soon the sun will be shining
      am Himmel von Globex Mining
      Avatar
      schrieb am 09.10.11 02:17:34
      Beitrag Nr. 16.868 ()
      Antwort auf Beitrag Nr.: 42.187.864 von HerbyK am 08.10.11 17:09:21Rutscht dem Bauer im Oktober die Hose, war das Gummiband gewiss im September schon lose.

      ...und lässt er dann einen fahren,
      dann flieht das Vieh in hellen Scharen

      Gruss William
      Avatar
      schrieb am 09.10.11 02:05:46
      Beitrag Nr. 16.867 ()
      Im Oktober, im Oktober
      da bringt Jack das Heu in den Schober

      :laugh:

      Greetings from the wild west of Switzerland
      Avatar
      schrieb am 09.10.11 02:02:08
      Beitrag Nr. 16.866 ()
      The show must go on....:cool:

      Gruss William
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