DAS IST STARK: TOP NEWS BEI UNITED BOLERO - 500 Beiträge pro Seite

[Zuendel]

Hallo liebe Rohstoffgemeinde,


habt eine schöne Handelswoche!

Das könnte der Wert der Woche werden:

UNITED BOLERO


NOCH IST DER WERT PREISGÜNSTIG ZU ERWERBEN!

NACH DER MELDUNG VOM 3. nachbörslich könnte die Explosion stattfinden.

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Feb. 3, 2006) - United Bolero Development Corp. (the "Company" or "United Bolero") (TSX VENTURE:UNB)(PINK SHEETS:UBDVF)(FWB:U7N) is pleased to provide the following update on its Bald Butte Project in Montana. Drilling and blasting operations have continued at a fast pace. Delays caused by late delivery of drilling equipment have now been made up. Examination of data from exploration holes drilled by Gulf Minerals in the 1980`s has shown another area where molybdenum mineralization occurs close to surface. It is anticipated that one of the drills will be able to be diverted from production drilling to exploration drilling during the month of February.

Excavation and hauling of waste rock from overtop of the molybdenum ore has continued. Five bulk screening tests, involving truckload quantities of material have been conducted.

Screening contractor, MRTF, Inc. delivered a 6 x 20 triple deck vibrating screening plant to the Bald Butte Quarry project on February 4, complete with ancillary conveyors and generator set, in spite of adverse weather conditions.

Management based the decision to utilize a screening plant on the results of the above-mentioned screening tests. These tests indicate that an increase in molybdenum grade of the quarry product can be achieved by screening off the plus 3/4 inch material. The two recent tests (#4 and #5) resulted in an up-grade of the -3/4 inch product by factors of 1.95 and 1.97 respectively. Previously announced tests resulted in up-grade factors from 1.77 to 2.77. The costs of milling and trucking represent approximately 80% of the total cost of the operation. Screening will enable the company to truck and mill an increased number of pounds of molybdenum without increasing the number of tons trucked and processed.

The triple deck screen will produce 3 sized products. Continual assaying of the screened products will enable the company to select which sized product(s) to ship to the mill in order to maximize profitability.

During the wait-time for the arrival and set-up of the screening plant, the contract milling facility (the Antonioli mill in Phillipsburg, MT) utilized the down-time to install a re-grind mill. The re-grind mill will provide the Antoniolis with the flexibility to maximize the throughput tonnage, the recovery of molybdenum, and the purity of the concentrate produced. To produce a saleable product, concentration ratios in the range of 400:1 are required. The re-grind mill will permit a finer grind of the rougher concentrate to free molybdenum particles from gangue material. The rougher concentrate is produced with a concentration ratio in the range of 20:1. This results in only 1/20th of the initial tonnage requiring fine-grinding. The re-grind mill installation is completed, electrical wiring and plumbing remain to be done, but is expected to be complete within 10 days.

Screened material is expected to be available for trucking by mid-week. Resumption of trucking (screened material of a higher grade) will start at that time

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Hier mal ein paar Fakten zu United Bolero:

Our Primary Focus is Molybdenum
Cannivan Gulch Molybdenum Project

The Cannivan Gulch molybdenum project is a major calc-alkaline stockwork deposit that is similar in size and metal content to other world class deposits now in production. Located in the East Pioneer Mountains approximately 30 air miles southwest of Butte, Montana, the deposit was discovered and staked by Cyprus Exploration Company in 1968. We staked an additional 30 mineral claims (600 acres) contiguous to the original unpatented 15 to cover possible extensions of significant mineralization. From 1969 through 1982, Cyprus completed in excess of $5 million of exploration work that included geological and geochemical surveys and 56 diamond drill holes totaling over 90,000 feet in drilling at Cannivan Gulch. In addition, Cyprus drove a 2,514 foot adit with raises to confirm drilling results.

Bald Butte Molybdenum Project

The second moly property is Bald Butte, also a molybdenum project in southwestern Montana. Bald Butte includes a total of 22 patented claims, comprising approximately 350 acres, and an area of interest with radius of 0.5 miles from the property boundaries. We also acquired, through staking, an additional 10 claims (contiguous to the property and included in the area of interest provision) to cover possible extensions of significant mineralization.

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United Bolero Development Corp is a TSX Venture Exchange listed company trading under the symbol "UNB". United Bolero is focused on acquiring and exploring quality mining and oil and gas properties. We recently acquired an option for a 100% ownership interest in two large-scale molybdenum properties in the state of Montana. The Company is active in the oil and gas sector, with a 50% working interest in five oil wells: three in Wyoming`s Powder River Basin and two in Musselshell County, Montana. United Bolero is also active in precious metals, through a partnership with Solitaire Minerals to develop the South Baird claims units, located in the heart of the renowned Red Lake Mining District in Ontario.

Projects

Cannivan Gulch Molybdenum Project United Bolero acquired an option for a 100% ownership interest in Cannivan Gulch, a major calc-alkaline stockwork deposit amenable to open-pit mining methods. The deposit is located in the East Pioneer Mountains approximately 30 air miles southwest of Butte, Montana. United Bolero also staked an additional 30 mineral claims (600 acres), contiguous to the original unpatented 15, to cover possible extensions of significant mineralization.

Bald Butte Molybdenum Property United Bolero acquired an option for a 100% ownership interest in Bald Butte, a molybdenum property also situated in southwestern Montana. The Bald Butte option agreement includes a total of 22 patented claims, comprising approximately 350 acres, and an area of interest with radius of 0.5 miles from the property boundaries. An additional 10 claims (contiguous to the property and included in the area of interest provision) were staked to cover possible extensions of significant mineralization.

Oil and Gas Project United Bolero Development Corp. has a 50% working interest in five oil wells: three in Wyoming`s Powder River Basin and two in Musselshell County, Montana.

Baird Property - South Baird Gold Exploration and Development United Bolero Development Corp. is active in its partnership with Solitaire Minerals in the development of the South Baird claims units, located in the heart of the renown Red Lake Mining District in Ontario.

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