Northern Peru Copper: 6 Mrd. lb Kupfer, 2 Mio. Unzen Gold=> MK nur 70 Mio EUR ! - 500 Beiträge pro Seite

[sparplan_b]

Homepage:
http://www.northernperu.com/s/Home.asp

Börsen:
TSX: NOC
Berlin, Frankfurt:
ISIN: CA6656041044
WKN: A0ET7H
Kurs 6.6.06: 2,60 EUR

ISSUED AND OUTSTANDING SHARE CAPITAL: 27,088,442
FULLY DILUTED SHARE CAPITAL: 28,738,442
WORKING CAPITAL: C$ 12.0 M


Empfehlung:
Der Wert wurde von Doug Casey (International Speculator) am 30.09.05 empfohlen.
Aktuelle Einstufung in der Ausgabe vom 1.6.06:
BUY ON SPEC

Risiken:
- politische Situation in Peru (hat sich mit dem Wahlsieg von Garcia deutlich zum positiven entwickelt)
- Entwicklung des Kupferpreises

2 Ausagen aus dem Artikel vom 1.6.:

- if NOC were getting full value for its 6 billion lbs of copper and 2 million ounces of gold, it would be trading for multiples of ist current price.
- if the political storm turns out to be much ado about nothing, NOC will become one of the most undervalued companies on our current radar screen—but not for long.

Weitere Research-Berichte (u.a. auch 2 Casey investment alerts) sind auf der Homepage zu finden.


Resourcen-Übersicht März 2006:




Zusammenfassung:
Northern Peru Copper Corp is focused on advancing and developing the Galeno copper/gold and Pashpap copper/molybdenum properties located in northern Peru.

The Galeno property is located adjacent to the Yanacocha gold mine, the largest gold mine in South America near the city of Cajamarca. The property comprises a large "Andean style" copper/gold porphyry deposit. Both Newmont Mining and North Limited previously explored the property and delineated a large mineral resource. In 2005 the Company initiated an exploration drill program to better define the high grade core, and in March 06 released a new mineral resource estimate for Galeno that significantly increases the size of the copper-gold-moly deposit. The drill program is ongoing and focussed on infill drilling. In addition, the Company continues to evaluate and drill the adjacent Hilorico gold zone.

The Pashpap property is located in the Ancash department of northern Peru. The property comprises five known "Andean style" porphyry centres of which only one has seen extensive exploration. Newmont, AMAX, Homestake, Buenaventura and Noranda previously explored the property. A 2006 drill program of 4800m will be undertaken by Japan Oil, Gas & Metals National Corporation.




Gruß
sparplan_b

PS: Bitte NICHT verwechseln mit Peru Copper !

[sparplan_b]

Auszug aus
Explorers` League Dispatch, Vol. II; No. 6 June 9, 2006
(The Explorers’ League is a membership service with KitcoCasey, LLC.
Membership is free)


...

Peru Update

One of the mistakes that many investors make is over-rating political risk. That was very much the case in Peru, where a number of our Honorees are working on highly prospective projects.

In the run up to the recent election, when it looked like psycho-leftist Humala might take the ring, Ross Beaty’s Northern Peru Copper (T.NOC) fell from C$3.68 to around $2.75, a 25% haircut… this on a stock with a remarkable 6 billion pounds of copper and an emerging gold zone that already has about 2 million ounces proven up. Likewise, David Lowell’s Bear Creek Mining (V.BCM) tumbled from C$6.48 to $4.40, an even more dramatic 32% loss.

As it turns out, Humala didn’t win and, while we are no big fans of the winner, kleptocrat and former president Alan Garcia, the market rightfully saw him as the more pro-business of the two, sending the shares of NOC and BCM rebounding almost overnight on Garcia’s victory. At this writing, NOC has bounced all the way back up to C$3.47 and BCM to C$5.16… this in the face of an otherwise correcting resource market.

Meanwhile, the investors who were whipsawed out of their stock by overrating Peru’s political risk will be shy to return, especially in light of the current downside volatility in the metals… and that provides for patient shoppers a handsome opportunity for arbitraging today’s shares prices versus what the share price would be, and will be, once the fears of a political disaster subside and the resource bull market inevitably gains its momentum.

Given the softness in the current market, there’s no need to rush to buy either stock at this time, but they certainly belong on your watch list.

...

Gruß
sparplan_b

[sparplan_b]

Neuigkeiten :

=======================================================================
Re: News Release - Wednesday, July 05, 2006
Northern Peru Announces Results from Five New Drill Holes at
Hilorico Gold Zone: Thick Gold Intercepts in Every Hole
=======================================================================

Vancouver, British Columbia - Northern Peru Copper Corp. announces
results from a further five holes at its 100% owned Hilorico gold
deposit located in northern Peru approximately one kilometre from the
company's large-scale Galeno copper-gold-molybdenum porphyry deposit
and 16km from Yanacocha, South America's largest gold mine. To date
approximately 6,000m in 17 holes have been drilled at Hilorico and
results have been received for 13 of these holes.

Marshall Koval, President & CEO, said: "The latest batch of drill
results contains some of the best holes drilled at Hilorico to date. In
addition, our understanding of the deposit has developed considerably
and we now have a coherent geological model which we can use to expand
the zone with our ongoing drill program."

Hole HR-06-13 returned 115.7m at 1.10 g/t gold and 9.08 g/t silver from
surface to 115.7m in completely oxidised and brecciated quartzite. This
passed into a sulphide dominant interval of 40.3m from 115.7 to 156.0m
grading 0.8g/t gold and 10.9g/t silver, also in quartzite breccias for
a combined oxide and sulphide interval of 156m at 0.96g/t gold and
9.55g/t silver.

Hole HR-06-12 returned a best interval of 196m at 0.79g/t gold and
4.9g/t silver from 78 to 274m in core that is dominated by brecciated
quartzites.

Hole HR-06-11 assayed 38m of 1.29g/t gold and 2.88 g/t silver from
surface and below that 172m at 0.86g/t gold and 5.54g/t silver from
138m to 310m, also in brecciated quartzites.

Hole HR-06-10 has extended the zone to the north with an intercept of
180m grading 1.26g/t gold and 2.14g/t silver from 60m to 248m.

Hole HR-06-09 stepped out to the northeast of the known deposit, some
100m to the north of HR-06-06 and intercepted 68.6m of 0.96g/t gold and
2.93g/t silver from 25.4 to 94m and 47.3m of 0.79g/t gold and 3.85g/t
silver from 135.2 to 182.5m. The hole was lost in a thrust fault with
the last 2.6m comprising semi-massive pyrite.

Oxide and sulphide intercepts for these holes are reported individually
in the table below and a location map is provided with a thick line on
the trace of the hole depicting the longest intercept(s) for each,
including previously released intercepts. Holes HR-06-11, 12 and 13 are
shown on attached drill section which illustrates the most important
aspects of the geology and demonstrates the continuity of the gold
mineralization and consistency of the oxide zone, as well as the
association of the polymetallic sulfide mineralization encountered in
HR-05-02 with a major thrust fault feeder structure.


---------------------------------------------------------
From To Interval Au Ag
---------------------------------
Hole No. meters meters meters g/t g/t Comments
---------------------------------------------------------
HR-06-09 25.4 94 68.6 0.96 2.93 Oxide
---------------------------------------------------------
and 135.2 182.5 47.3 0.79 3.85 Oxide
---------------------------------------------------------
and 246 256.9 10.9 0.48 36.64 Sulfide
---------------------------------------------------------
HR-06-10 68 248 180 1.26 2.04 Oxide/sulfide
---------------------------------------------------------
including 68 111.2 43.2 1.11 2.76 Oxide
---------------------------------------------------------
including 111.2 248 136.8 1.3 1.82 Sulfide
---------------------------------------------------------
HR-06-11 0 38 38 1.29 2.88 Oxide
---------------------------------------------------------
and 138 310 172 0.86 3.54 Oxide/sulfide
---------------------------------------------------------
including 138 226 88 0.8 4.92 Oxide
---------------------------------------------------------
including 226 310 84 0.92 2.1 Sulfide
---------------------------------------------------------
HR-06-12 2.3 30 27.7 0.53 2.90 Oxide
---------------------------------------------------------
and 78 274 196 0.79 4.9 Oxide/sulfide
---------------------------------------------------------
including 78 126 48 0.71 4.49 Oxide
---------------------------------------------------------
including 126 274 148 0.81 4.98 Sulfide
---------------------------------------------------------
HR-06-13 0 156 156 0.97 9.55 Oxide/sulfide
---------------------------------------------------------
including 0 115.7 115.7 1.10 9.08 Oxide
---------------------------------------------------------
including 115.7 156 40.3 0.8 10.9 Sulfide
---------------------------------------------------------

A drill plan and set of drill sections for Hilorico along with a
complete listing of drill intercepts is available on the company's
website: http://www.northernperu.com/s/ElGaleno-Hilorico.asp

Marshall Koval, P.Geo, is the Qualified Person as defined by National
Instrument 43-101 for the Galeno Project. Jeff O'Toole, a geologist
with over 25 years of experience is supervising the quality control and
quality assurance program on site. Logging and sampling are completed
in Northern Peru's secure facility located at the project. The drill
cores are mechanically split on site and samples are transported to the
ALS Chemex facility in Lima for sample preparation and analysis.
Northern Peru inserts standards, blanks and duplicates selected on a
random basis into the sample stream and sends 5% of the sample pulps to
check laboratories in Vancouver.

El Galeno Copper-Molybdenum-Gold Project Progress Report

Northern Peru completed the infill drilling campaign at Galeno in May
with a total of 33,458.5m now having been drilled in 91 holes. A
Preliminary Economic Assessment report is undergoing the final stages
of review and will be released shortly. In addition a new resource
estimate is being completed for release later in July and work on a
Prefeasibility Study is well advanced with the study on target for
completion during the fourth quarter of 2006.

View Maps:
http://www.northernperu.com/i/maps/2006-07-05_NRM1.gif
119 KB in size, approx. 23 seconds to download at 56.6Kbps

http://www.northernperu.com/i/maps/2006-07-05_NRM2.gif
27 KB in size, approx. 6 seconds to download at 56.6Kbps




NORTHERN PERU COPPER CORP

Signed: "Marshall Koval"

Marshall Koval, CEO & President


For further information contact:
David Strang, VP Corporate Development
[e-mail]

tel: + 604 687 0407
fax: + 604 687 7041

[sparplan_b]

NEWS :

Northern Peru Announces Results of Preliminary Economic Assessment on Galeno Copper Deposit

VANCOUVER, BRITISH COLUMIBA, Jul 11, 2006 (MARKET WIRE via COMTEX News Network) --

Northern Peru Copper Corp. (TSX: NOC) is pleased to announce the results of a Preliminary Economic Assessment ("PA") on its 100% owned Galeno copper/gold/silver/molybdenum Project (the "Project") located in the Yanacocha District of Northern Peru. The results of the PA demonstrate that an open pit mining operation at Galeno is economically viable. Highlights of the study are as follows (all dollar figures in US dollars):

Highlights

- Robust project economics driven by high grade starter pit, exceptionally low strip ratio, simple processing technology, lower power requirements for milling soft ore, good existing infrastructure and large mineral resource.

- Base Case Net Present Value ("NPV") of $548 million and an Internal Rate of Return ("IRR") of 21.7% (using $1.20/lb copper, 8% real discount rate, $100/tonne treatment charge and $0.07/lb refining charge).

- Capital payback in 3.1 years.

- Average copper-in-concentrate production of 144,000 tonnes per year for 20.7 years with the first five years producing over 200,000 tonnes of copper-in-concentrate. Annual by-product production averages 43,000 ounces of gold, 2 million ounces of silver and 1,900 tonnes of molybdenum.

- C-1 life of mine ("LOM") cash costs (net of by-product credits) are estimated to average $0.486 per pound of copper mined.

- The Project will generate approximately 665 permanent jobs and 2,290 jobs during the two year construction period and $1.2 billion in taxes, government royalties and employee profit sharing payments.

The salient details of the PA are summarized in the table below (all dollar figures are in US dollars unless otherwise stated):


----------------------------------------------------------------
NPV ($1.20/lb Cu, 8% discount rate) $548 million
----------------------------------------------------------------
IRR 21.7%
----------------------------------------------------------------
Initial Capital Expenditure $853 million
----------------------------------------------------------------
LOM C-1 Cash Costs (net by-product credits) $0.486/lb Cu mined
----------------------------------------------------------------
Mill Capacity 90,000 tpd
----------------------------------------------------------------
Annual Throughput 32.4 million tones
----------------------------------------------------------------
Mine Life 20.7 years
----------------------------------------------------------------
Strip Ratio 0.13:1
----------------------------------------------------------------
LOM average annual copper-in-concentrate
production 144,000 tonnes
----------------------------------------------------------------
First 5 Years average annual
copper-in-concentrate production 208,000 tonnes
----------------------------------------------------------------

Northern Peru Copper will host a conference call on Tuesday July 11th, 2006 at 11:00 am (Pacific) or 2:00 pm (Eastern) to discuss these results. Call-in information is provided at the bottom of this news release.

The PA was completed by Samuel Engineering, Inc. Raymond R. Hyyppa, P.E., a Samuel Engineering Associate is the Qualified Person for the PA. The PA was managed by MTB Project Management (project management, infrastructure, capital and operating costs) and comprised several studies prepared by Norwest Corporation (resource estimate), WLR Consulting (mining and production schedule), C.H. Plenge & Cia (metallurgy and environmental testing), Samuel Engineering (process engineering, infrastructure and capital and operating costs), Vector Engineering (tailings, waste rock, environmental management, capital and operating costs), Montgomery, Watson, Harza (baseline environmental and socioeconomic studies) and SRK Consulting (cash flow modeling and valuation). The PA is available on the Company's website (www.northernperu.com) and SEDAR (www.sedar.com).

Project Economics

SRK Consulting developed a cash flow valuation model on the Project based upon the geological and engineering work completed to date. The base case was developed using long term forecast metal prices of $1.20/lb for copper, $425/oz for gold, $6.50/oz for silver and $10/lb for molybdenum oxide. These price forecasts are considerably lower than current prices which, as of June 30, were $3.35/lb for copper, $600/oz for gold, $10.70/oz for silver and $26.25/lb for molybdenum oxide.

The following table shows the NPV of the base case at various discount rates:


---------------------------
Discount Rate
(Real) NPV
---------------------------
0% $1,722 million
---------------------------
5% $ 844 million
---------------------------
8% $ 548 million
---------------------------
10% $ 405 million
---------------------------
12% $ 294 million
---------------------------

The following chart shows the sensitivity of the base case's NPV and IRR to changes in the copper price: (8% real discount rate):

To view the attached chart, please click on the following link: http://www.ccnmatthews.com/docs/noc-graph1.jpg

Resources

WLR Consulting used the existing 43-101 resource estimate previously filed on SEDAR for Galeno and the corresponding block model to develop a mine plan and production schedule for the Project. That resource estimate determined Indicated Resources of 504 million tonnes grading 0.54% copper, 0.12g/t gold and 0.015% molybdenum and additional Inferred Resources of 554 million tonnes grading 0.39% copper, 0.09g/t gold and 0.010% molybdenum at a 0.4% copper equivalent cutoff grade was also delineated. (Cu Equivalent prices: Cu $1.00/lb, Au: $400/oz, Mo: $6.00/lb).

Using floating cone evaluations of potential economic pit limits on the Indicated Resource and including Inferred Resources when the pit shells moved out of the Indicated Resource, WLR Consulting used Indicated Resources of 481 million tonnes, Inferred Resources of 190 million tonnes and total waste of 87 million tonnes in determining the mine plan and production schedule. This analysis resulted in a LOM stripping ratio of 0.13:1 including the prestripping of 5.8 million tonnes of overburden.

Note: The PA is preliminary in nature and includes the use of inferred resources which are considered too speculative geologically to apply economic considerations that would enable them to be categorized as mineral reserves. Thus, there is no certainty that the production profile concluded in the preliminary assessment will be realized. Actual results may vary, perhaps materially.

Mining & Milling

The Project will utilize conventional mining and milling processes and will benefit significantly from the exceptionally low waste to ore stripping ratio of 0.13:1. This would be one of the lowest stripping ratios of any major open pit mine in the world should the Project be developed.

Production is scheduled to deliver 90,000 tonnes per day (32.4 million tonnes per year) of sulphide ore to the primary crushers for 20.7 years. The milling and concentrator plant are forecast to produce, on average, 144,000 tonnes per year of copper in concentrate, 43,000 ounces per year of gold, 2 million ounces per year of silver and 1,900 tonnes per year of molybdenum in concentrate. Average LOM metallurgical recoveries have been estimated to be 90.2% for copper, 51% for gold, 80% for silver and 54.9% for molybdenum, producing a copper concentrate grading on average 33% copper, 3.1g/t gold and 145g/t silver and molybdenum concentrate grading 54% molybdenum. Milling will benefit significantly from the softness of the ore as preliminary test work indicates a Bond Work Index of less than 10 Kwh/tonne.

The Project will also benefit from a higher grade starter pit that will deliver, on average, more than 200,000 tonnes of copper in concentrate in the first 5 years of the mine's operation, as detailed below:

To view the attached graph, please click on the following link: http://www.ccnmatthews.com/docs/noc-graph2.jpg

Capital Costs

MTB Project Management, WLR Consulting, Samuel Engineering and Vector Engineering developed capital cost estimates for the proposed mining and processing operation at Galeno. The following table summarizes the capital cost estimates in the PA for the Project:


----------------------------------------------------------------
Direct Capital Costs $647.3 million
----------------------------------------------------------------
Indirect Capital Costs $ 89.2 million
----------------------------------------------------------------
Owner Direct and Indirect Capital Costs $116.1 million
----------------------------------------------------------------
Total (Base Case) $852.6 million
----------------------------------------------------------------
Upfront Working Capital $ 16 million
----------------------------------------------------------------
LOM Sustaining Capital Costs $340.4 million
----------------------------------------------------------------

The capital cost estimates have been compiled with an accuracy level of -13% to +26%.

Operating Costs

The results of the PA show that a mine at Galeno will be a low cost operation. The Project benefits significantly from the low strip ratio, easy terrain, close proximity to major infrastructure and soft ore. The PA estimates that the C-1 cash costs (net of by-products) over the life of the mine will average $0.486 per pound of copper mined. C-1 cash costs include at-mine cash operating costs, concentrate transportation and freight costs and all treatment and refining charges.

To view the attached graph, please click on the following link: http://www.ccnmatthews.com/docs/noc-graph3.jpg

Infrastructure

Galeno is in an established mining district due to the presence of the world-class Yanacocha open pit gold mine 16 kilometres to the west and the in-construction Cerro Corona mine approximately 34 kilometres to the north. Substantial regional infrastructure is in place with water, power and skilled labour available in the vicinity of the project.

Environmental

The Project will utilize World Bank Guidelines for environmental management practice development and design. Preliminary baseline studies completed to date have included initial surface water quality sampling, archaeological studies, socio-economic reviews and biological and re-vegetation studies. Waste rock will be minimal due to the deposit's low stripping ratio. Preliminary test work has shown mill tailings as non-acid generating.

Next Steps

The infill drilling program was completed in May and an updated 43-101 mineral resource estimate will be completed later this month. This new mineral resource estimate will form the basis of the prefeasibility study that is currently underway and is expected to be completed during the 4th quarter. Additional metallurgical testing is also being completed and will be incorporated into the prefeasibility study. In addition, the Company continues to drill the adjacent Hilorico gold target with two drilling rigs and anticipates that the exploration program will continue through the end of the 3rd quarter.

Conference Call

Call in details for the conference call to be held on July 11 at 11.00am (Pacific Time) are:

North American toll-free: 1-866-321-8231 International: 1-416-642-5213

A replay of this conference call will be available from July 11 until July 17 and will be posted on Northern Peru's website at www.northernperu.com. The replay numbers are:

North American toll-free: 1-866-244-4494 International: 1-416-915-1028 Pin: 603755

NORTHERN PERU COPPER CORP.

Marshall Koval, CEO & President

CAUTION REGARDING FORWARD-LOOKING STATEMENTS: This news release contains "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to the future price of gold, silver, copper and molybdenum, the timing of exploration activities, the mine life of the Galeno Project, the economic viability and estimated internal rate of return of the Galeno Project, the estimation of mineral reserves and mineral resources, the results of drilling, estimated future capital and operating costs, future stripping ratios, projected mineral recovery rates and Northern Peru Copper's commitment to, and plans for developing, the Galeno Project. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "can", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Northern Peru Copper to be materially different from those expressed or implied by such forward-looking statements, including but not limited to: risks related to the exploration and potential development of the Galeno Project, risks related to international operations, the actual results of current exploration activities, conclusions of economic evaluations, changes in project parameters as plans continue to be refined, future prices of gold, silver, copper and molybdenum, as well as those factors discussed in the sections relating to risk factors of our business filed in Northern Peru Copper's required securities filings on SEDAR. Although Northern Peru Copper has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results to be materially different from those anticipated, described, estimated, assessed or intended.

There can be no assurance that any 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. Northern Peru Copper does not undertake to update any forward-looking statements that are incorporated by reference herein, except in accordance with applicable securities laws.

Contacts: Northern Peru Copper Corp. David Strang VP Corporate Development [phone] [phone] (FAX) [e-mail] www.northernperu.com

SOURCE: Northern Peru Copper Corp.

mailto: [e-mail] http://www.northernperu.com
Copyright 2006 Market Wire, All rights reserved.

[sparplan_b]

zum Thema Peru und Northern Peru Copper:

Explorers' League Dispatch, Vol. II; No. 9 July 28, 2006

Risks, Rewards and Peru

We caught up with Explorers’ League honoree Ross Beaty the other day and asked him which of his companies was most undervalued. He likes them all, of course, but from our perspective, there’s no contest: it’s Northern Peru Copper (T.NOC). NOC has several projects, including a gold-primary target and a huge copper-gold porphyry with 10.8 billion pounds of copper and 3.5 million ounces of gold. Yet the market is valuing the whole company at less than $106 million. Why so cheap? Because all of NOC’s mineral assets are in Peru, which recently had a big political scare.


Peruvian Politics

The market tends to see Peru’s political life as just another instance of Latin American politics, which have been decidedly unsettling of late. In Venezuela, Hugo Chavez has been making waves for years, and in 2005 Evo Morales took Bolivia for a hard left turn, including actions to back up his rhetoric about nationalizing certain industries. And then, earlier this year, it looked as though Peru might follow suit, with Ollanta Humala, a fire-breathing leftist radical, surging ahead in early presidential polls. Shares in Peru-linked companies declined sharply.

Humala lost, to the market’s relief—yet most of the injured stocks haven’t recovered as much as one might expect. Perhaps that’s because the winner, Alan García, who is taking office as we go to press, is no private property saint either. García was president of Peru from 1985-1990 and presided over a disaster of economic instability, hyperinflation and rising domestic terrorism. He claims to have learned from his mistakes and now talks about opening markets and attracting foreign investment. If public reaction in Peru is any indication, García may have a chance to deliver what he promised: the Peruvian stock market reached an all-time high recently, and the value of the Peruvian currency has reached a seven-year high against the U.S. dollar.

In fact, the first point in García’s 's APRA Party mining plan for 2006-2011 is reported to read, "The essential aim for the development of mining and expansion of its impact on the economy is to attract foreign investment in exploration and for development of new operations." Also, of APRA’s 28 congresspersons, 25 voted for the free-trade agreement that outgoing president Alejandro Toledo negotiated with the U.S. last year. And the U.S. recently granted Peru tariff privileges on some 6,000 products.

The political landscape could change again, of course, but for the moment Peruvian politics are looking more benign—and the market’s slowness to recognize this is an opportunity for savvy investors.


Northern Peru Copper

On July 5, NOC released a preliminary economic assessment (PA) of its wholly owned flagship project, the Galeno deposit in Peru’s Yanacocha district. Galeno has total resources (in all categories) of 10.8 billion pounds of copper, 3.5 million ounces of gold and 290 million pounds of molybdenum. So far.

The PA shows robust economics: a high-grade starter pit, very low strip ratio (almost nil at 0.13 to 1) and good infrastructure. The project’s Net Present Value (NPV) has been assessed at US$548 million (assuming US$1.2 per pound copper, US$425 per ounce gold, $100 per tonne treatment charge and US$0.07 per pound refining charge). Compare this with their current market cap of under C$106 million. MCap and NPV always converge sooner or later, so the big gap means the deck is heavily stacked in favor of appreciation for NOC shareholders.

A pre-feasibility study is underway and should be ready by Q406. By then Ross will be assessing the strategic alternatives for developing the deposit into a mine. That provides another upside in the near term.


But Wait: There’s More

On July 11, NOC released assays on 5 new drill holes at the Hilorico gold zone—just one kilometer from Galeno—showing thick gold intercepts in every hole. One intercept (156 meters starting from surface) graded 0.96 g/t gold—excellent for a bulk tonnage target. So far, 17 holes have been drilled for 6,000 meters of core. Assays are still pending on four holes, and two drills are still turning to test continuity and extension. Exploration will continue for another two months, with a resource estimate expected by the end of this year. If Hilorico proves up, we think it’s likely to be spun off as a separate gold company (since a copper major that might eventually buy Galeno probably wouldn’t care much about Hilorico)—a strategy that has worked well for Ross and for shareholders in his companies before.

NOC also owns the Pashpap project, a copper-moly target that came off the back burner recently. Drills will be turning there soon, if they’re not already by the time you read this.


Bottom Line

There’s an old saying in this business: bet on the jockey, not the horse. Well, in this case, jockey extraordinaire Ross Beaty is riding one heck of a horse—and the market doesn’t yet seem to realize it. This is exactly the sort of opportunity we like to capitalize on in the International Speculator. Just remember, even though NOC looks deeply undervalued, there’s still plenty that can go wrong in this, or any, mining project, so never bet on a jockey or a horse with money you can’t afford to lose.

[sparplan_b]

nicht schlecht Herr Specht:

8.26 billion pounds of copper, 2.78 million ounces of gold and 236 million pounds of molybdenum as Indicated Mineral Resources.



Northern Peru Increases the Indicated Resources at Galeno to 765 Million Tonnes at 0.64% Copper Equivalent

VANCOUVER, BRITISH COLUMBIA, Aug 09, 2006 (MARKET WIRE via COMTEX News Network) --

Northern Peru Copper Corp. (TSX: NOC) announces the company has received a new independent mineral resource estimate that includes results from the recently completed infill drilling program at Galeno. Indicated Resources have significantly increased by 261 million tonnes grading 0.50% copper equivalent, at a 0.4% copper equivalent cut off grade.

The new, independent mineral resource estimate at a 0.4% copper equivalent cut off is:

- 765 million tonnes grading 0.64% copper equivalent, containing 8.26 billion pounds of copper, 2.78 million ounces of gold and 236 million pounds of molybdenum as Indicated Mineral Resources.

- 98 million tonnes grading 0.48% copper equivalent, containing 0.75 billion pounds of copper, 0.36 million ounces of gold and 23 million pounds of molybdenum as Inferred Mineral Resources.

Marshall Koval, President and CEO, said, "The classification of the majority of the deposit as Indicated Resources will allow mine planning to incorporate this material in the ongoing prefeasibility study, to be completed in the fourth quarter. This will maximise the amounts of copper, gold and molybdenum to be extracted over the mine life and therefore will have a large, positive impact on the overall value of the Galeno asset."

Indicated Resources at a 0.8% copper equivalent cut off grade in the central, near surface, high grade core zone of the deposit have slightly increased from 148Mt to 153Mt. The attached drill hole plan and cross section highlight the extents of the deposit and the near surface high grade zone.

The new mineral resource estimate is based on assay results from 45,110 meters of drilling in 141 holes of which 43 diamond drill holes totalling 13,050m (GND-06-49 through GND-06-91) comprise the most recent infill program.


Table 1. Indicated Mineral Resources
--------------------------------------------------------------------
--------------------------------------------------------------------
Size Grade Contained Metal
CuEq -------- --------------------------- -----------------------
(1) CuEq
Cut- Tonnes (1) Cu Au Mo Cu Au Mo
Off (Million) (%) (%) (g/t) (%) (B lb) (M oz) (M lb)
--------------------------------------------------------------------
--------------------------------------------------------------------
0.3 1,028 0.57 0.43 0.10 0.013 9.77 3.31 285.8
--------------------------------------------------------------------
0.4 765 0.64 0.49 0.11 0.014 8.26 2.78 236.3
--------------------------------------------------------------------
0.5 526 0.73 0.56 0.13 0.015 6.49 2.16 178.4
--------------------------------------------------------------------
0.6 347 0.82 0.64 0.14 0.017 4.87 1.57 127.4
--------------------------------------------------------------------
0.7 227 0.91 0.72 0.15 0.018 3.58 1.11 88.7
--------------------------------------------------------------------
0.8 153 0.99 0.79 0.16 0.019 2.65 0.79 62.3
--------------------------------------------------------------------
Table 2. Inferred Mineral Resource
--------------------------------------------------------------------
--------------------------------------------------------------------
Size Grade Contained Metal
CuEq -------- --------------------------- -----------------------
(1) CuEq
Cut- Tonnes (1) Cu Au Mo Cu Au Mo
Off (Million) (%) (%) (g/t) (%) (B lb) (M oz) (M lb)
--------------------------------------------------------------------
--------------------------------------------------------------------
0.3 553 0.36 0.27 0.08 0.007 3.32 1.37 86.9
--------------------------------------------------------------------
0.4 98 0.48 0.35 0.11 0.010 0.75 0.36 22.5
--------------------------------------------------------------------
0.5 25 0.59 0.43 0.14 0.012 0.24 0.12 6.8
--------------------------------------------------------------------
0.6 7 0.71 0.54 0.16 0.014 0.08 0.04 2.1
--------------------------------------------------------------------
0.7 3 0.85 0.66 0.18 0.014 0.04 0.01 0.8
--------------------------------------------------------------------
0.8 2 0.92 0.72 0.18 0.015 0.02 0.01 0.5
--------------------------------------------------------------------
(1) Copper equivalent calculated using US$1.00/lb Cu, US$400/oz Au
and US$6.00/lb Mo and is not adjusted for metallurgical
recoveries as these remain uncertain. The formula used is as
follows: CuEQ equals Cu% + (Au g/t x 12.86 / 22.05) +
Mo% x 132.28 / 22.05)

Robert Sim, P.Geo., from Norwest Corporation and a Qualified Person as defined by NI 43-101, is responsible for the mineral resource estimate. This estimate will be filed in a Technical Report, compliant with NI 43-101, and posted on SEDAR within 45 days.

Northern Peru continues to evaluate and drill the adjacent Hilorico gold zone and results will continue to be reported in batches as they are received.

The Galeno project is located in the Yanacocha mining district of northern Peru, approximately 16 kilometers east of the mining operations at Yanacocha (650 million tonnes @ 1.0 g/t Au), the largest gold mine in South America. The district contains a number of major copper/gold deposits, including the Newmont/Buenaventura owned Conga project located 5 kilometers to the north (337 million tonnes @ 0.3% Cu, 0.8 g/t Au), the Peruvian government owned Michiquillay deposit (630 million tonnes @ 0.69% Cu, 0.14 g/t Au) 5 kilometers to the south and the Cerro Corona project (119 million tonnes @ 0.47% Cu, 1 g/t Au) currently under construction by Gold Fields and located 35 kilometers to the north(2).

Mr. Marshall Koval, P.Geo., the Qualified Person as defined by NI 43-101 for the Galeno project, has reviewed and approved the content of this press release.

(2) The mineral resource estimates listed in the table above are based upon publicly available information. The cut off and copper equivalent grades used in the various resource estimates may not be directly comparable to the Galeno resource estimate. In addition, certain comparable resource estimates may not comply with NI 43-101.

To view the maps accompanying this press release please click on the following links:

http://www.ccnmatthews.com/docs/NOCa.jpg

http://www.ccnmatthews.com/docs/NOCb.jpg

NORTHERN PERU COPPER CORP.

Marshall Koval, CEO & President

[sparplan_b]

Antwort auf Beitrag Nr.: 23.372.380 von sparplan_b am 09.08.06 18:09:31

Northern Peru Appoints Ross Beaty Chairman and Director

VANCOUVER, BRITISH COLUMBIA, Aug 10, 2006 (MARKET WIRE via COMTEX News Network) --

Northern Peru Copper Corp. (TSX: NOC) is pleased to announce that it has appointed Mr. Ross Beaty as Chairman and Director of the Company to replace Mr. Robert Pirooz who has retired from the Board but will remain as Secretary of the Company.

Mr. Beaty is a geologist and mining entrepreneur with more than 30 years of experience in the international minerals industry. Mr. Beaty has founded several other public mineral resource companies since 1985 including Pan American Silver Corp., one of the largest primary silver producers in the world. Mr. Beaty is a Fellow of the Geological Association of Canada and the Canadian Institute of Mining.

NORTHERN PERU COPPER CORP.

Marshall Koval, CEO & President

[sparplan_b]

Antwort auf Beitrag Nr.: 23.390.948 von sparplan_b am 10.08.06 20:49:05

...der Herr ist nicht irgendwer ...

Ross Beaty

Executive Chairman, Pan American Silver(PAAS; PAA)
Director, Lumina Copper(LCC; LCC)


Bio

Ross J. Beaty was once described as a "broken slot machine" for his remarkable consistency at making shareholders rich. In 1994, he founded Pan American Silver Corp. (PAA.T, PAAS.NASDAQ), one of the world's leading primary silver producers and currently serves as Chairman. In 2002, Mr. Beaty founded Lumina Copper Corp., a copper development company, and also serves as its Chairman.
Read full bio.


Interview

XL: What was your first resource company?

The first was Equinox Resources Ltd., which did its IPO in 1985, raising a grand total of $110,000.Equinox was a great learning experience, with most of that experience coming as a result of trial and error. It was a lot of hard work and a bit of luck. After nine years of asset-building, the company had the good fortune to be acquired by a major in 1994 for $107 million. At the time of the sale, we had two producing gold mines and one producing zinc mine. Read full interview.

Biographie und vollständiges Interview hier:

http://www.kitcocasey.com/xleague/viewExplorer1.php?id=2&t=b…

Gruß
sparplan_b

[Cutter_Slade]

Antwort auf Beitrag Nr.: 23.390.988 von sparplan_b am 10.08.06 20:53:01

So langsam nimmt das Ding Formen an... (sorry für den platten Kommentar).

Gruß Cutter

[sparplan_b]

Antwort auf Beitrag Nr.: 23.391.792 von Cutter_Slade am 10.08.06 21:53:17

...trifft es aber ganz gut...

[sparplan_b]

Hier gibts es eine ausführliche Studie von Raymond James :

http://www.northernperu.com/i/pdf/NOC_082806.pdf


Fazit:
(NOC-T, C$3.85)
Stock Rating:
STRONG BUY 1
6-12 Month
Target Price: C$10.00

Zusammenfassung:
We are initiating coverage of Northern Peru Copper with a
STRONG BUY rating and a 6-12 month target price of C$10.00.
Northern Peru Copper's primary asset is its 100%-owned Galeno
copper-moly project in Peru (137,100 tpy of copper in
concentrate). The compelling reasons to buy Northern Peru
Copper at this time include: 1) Valuation: Northern Peru trades at
an unsustainably low P/NAV of 0.19 times versus the peer group
of development companies at 0.60 times; 2) the project is well
located in Peru nearby the Conga and Cerro Corona projects and
the Yanacocha mine; and 3) exploration upside potential with the
Hilorico gold target and Pahspap project. Copper production from
Galeno is expected to begin in 2012, and we estimate the payback
to a mid-tier or senior producer is approximately 8.5 years in a
takeout scenario at the current market value.

We estimate the shares to be worth C$10.00, which is based on a
0.50 times multiple applied to our NAV estimate of C$20.20 per
share. The company's 100%-owned Galeno project is expected to
produce 137,100 tonnes of copper in concentrate per year at a
cash cost of US$0.51/lb. We assume a long-term copper price of
US$1.25/lb in our analysis. At a scoping level capital cost estimate
of US$954 million, we estimate an IRR of 17% on the project.
Northern Peru shares trade at a P/NAV of 0.19 times versus the
peer group of copper development companies at 0.60 times. We
believe the discount on the shares mainly reflects the market's
lack of familiarity with the asset and the long timeline to
production. As Northern Peruís project gains more attention,
potential further success from the Hilorico gold target, and as
M&A activity accelerates into the small- and mid-cap mining
space, we expect our C$10.00 target price will prove
conservative.



Gruß
sparplan_b

[Cutter_Slade]

Antwort auf Beitrag Nr.: 23.658.423 von sparplan_b am 28.08.06 21:15:49

Deshalb wohl auch der "kleine" Anstieg. Hatte mich schon gefragt, ob denn Norsemont ohne jegliche Ressourcendefinition und mit deutlich schlechterem strip ratio etwa NOC noch (in der MK) überholen will...
Wird Zeit, dass mal jemand den wahren Wert aufdeckt.
Kann jetzt nur überfliegen, aber mit einer solchen Studie kann man ja endlich mal was anfangen. Hätte Produktion aber schon 2010/2011 (statt 2012) erwartet. Naja, auch wenn Beaty inzwischen auch Produktion (im JV zusammen mit Major) ins Auge faßt, ist Übernahme / Verkauf vorher wohl doch nicht ausgeschlossen.


Gruß Cutter

[sparplan_b]

Antwort auf Beitrag Nr.: 23.662.460 von Cutter_Slade am 29.08.06 09:04:16

ob denn Norsemont ohne jegliche Ressourcendefinition und mit deutlich schlechterem strip ratio etwa NOC noch (in der MK) überholen will

ich bin ganz froh, daß Northern Peru nicht "gepollingert" wird

Da ist mir ein Doug Casey doch "etwas" lieber

In der aktuellen Ausgabe des International Speculator ist wieder ein kurzer Bericht.
- Schritt für Schritt exzellente Resultate
- Upgrade der Resource-Kategorien
- Pre-Feasibility-Studie ist auf dem Weg (mit eventuellem Verkauf des Projektes)
- Hinweis auf das Goldprojekt Hilorico mit sehr ermutigenden Ergebnissen
- gute Aussichten trotz Kursen nahe am ATH
- Fazit: Buy on Weakness

Gruß
sparplan_b

[Cutter_Slade]

Antwort auf Beitrag Nr.: 23.733.624 von sparplan_b am 02.09.06 19:28:54

Naja, so langsam stellen sich die Relationen ja schon wieder her (wobei ich auch nix gegen Norsemont gesagt haben will, bei 1,80 CAD hat's mich doch sehr gejuckt, DNT gegen NOM zu tauschen, leider ist's beim Verkauf von DNT geblieben... - dafür Nachkauf von WLF, das war noch nicht so die beste Entscheidung... .

Leider fehlte in der Aufstellung von Raymond James neben anderen Werten auch Baja Mining (untertage). Hat neben First Quantum mit knapp ca. 2,5 J. eine der niedrigsten pay-back-Perioden (sehr robustes Projekt) - nur dass FM in der Nähe des NAV (bei Cu 1,25/lbs) notiert und BAJ bei etwa 1/3 des NAV (bei 2008 Prod.beginn ?).

Ich glaube, ich bin im Cu-Explorer-Bereich mit NOC und BAJ sehr gut aufgestellt (wobei es schon viele interessante Projekte gibt, meine Kupfer-watchlist ist ziemlich lang, da fällt die Auswahl nicht immer leicht).

Gruß Cutter

PS: Casey und sein "buy on weakness" hat mich aber auch schon einiges an performance gekostet, nicht immer kommen die Werte zurück....

[Martin12345]

Sehr geehrte Abonnenten,



wir haben Northern Peru Copper am 25.Juli.2006 in unser Portfolio aufgenommen.

Wie wir in Erfahrung bringen konnten, gab es am Freitag eine Empfehlung von http://www.raymondjames.com/ mit einem Kursziel von 10$ bei einem Kupferpreis von 1,25$.

Den kompletten Bericht finden Sie auf unserer Internetseite. Wir wünschen allen Abonnenten einen schönen Sonntag.



Mit freundlichsten Grüßen

[Martin12345]

Antwort auf Beitrag Nr.: 23.748.591 von Martin12345 am 03.09.06 19:21:04

Ab jetzt dürften mehr bescheid wissen!

Grüße
Martin

[Martin12345]

Antwort auf Beitrag Nr.: 23.746.191 von Cutter_Slade am 03.09.06 15:11:46

Hallo!

Was hat dich bewogen DNT zu verkaufen?

Grüße
Martin

[Cutter_Slade]

Antwort auf Beitrag Nr.: 23.748.661 von Martin12345 am 03.09.06 19:31:38

Nichts, was gegen DNT spricht.
Aber ich wollte nicht auf zu vielen Hochzeiten (mehr als 3 Kupferexplorer) tanzen, und zum damaligen Zeitpunkt hatten beide die gleiche MK - wobei NOM nach den bisherigen Ergebnissen wohl die höhere Tonnage bei besserem Minenprofil (Fläche zu Tiefe, wobei allerdings auch größeres pre-stripping) und höheren Graden haben wird.
Letztendlich versuche ich derzeit mein Depot etwas mehr zu "polarisieren" - entweder Explorer, die mit hohem cashflow und geringen payback-Perioden in Produktion gegen können resp. gute Übernahmeziele abgeben oder Frühstadium - und da ist DNT durch's Raster gefallen. Befindet sich weiterhin ganz vorn auf der Basismetall-watchlist, aber ich bin in Cu derzeit "überinvestiert".

Gruß Cutter

[Martin12345]

Antwort auf Beitrag Nr.: 23.749.014 von Cutter_Slade am 03.09.06 20:02:43

OK! Danke für die Antwort

In Nom war ich auch schon investiert, hab aber dann verkauft als ein gewisser Börsenbrief massiv zu pushen angefangen hat.

Grüße
Martin

[Albatossa]

Antwort auf Beitrag Nr.: 23.748.591 von Martin12345 am 03.09.06 19:21:04

Danke für die Info!

[sparplan_b]

Antwort auf Beitrag Nr.: 23.746.191 von Cutter_Slade am 03.09.06 15:11:46

wobei ich auch nix gegen Norsemont gesagt haben will

nö, ich auch nicht, nur die Art und Weise, wie der Wert gepuscht wurde, war nicht so dolle ...

...NOM ist bei Lundin (Goldnewsletter 09/06) immerhin noch auf HOLD...

Gruß
sparplan_b

[sparplan_b]

und weiter gehts

=======================================================================
Northern Peru Announces Results From Thirteen Drill Holes At
Hilorico
=======================================================================

- All Contain Significant Gold Intercepts

Vancouver, British Columbia -- Northern Peru Copper Corp. announces
further results from the latest thirteen holes at its Hilorico gold
prospect located in northern Peru approximately one kilometre from the
company's large-scale Galeno copper-gold-molybdenum porphyry deposit
and 16km from Yanacocha, South America's largest gold mine.

All thirteen holes contain significant gold intercepts and are
summarized in the table below. The company is now moving forward with a
43-101 mineral resource estimate, metallurgical test work and a first
pass economic evaluation of the deposit.

Marshall Koval, President & CEO, said: "These thirteen holes further
expand the Hilorico gold deposit and the fact that each one of these
drill holes encountered a significant gold intercept testifies to the
consistency of the mineralization. In addition, the deposit is close
enough to the Galeno development project to benefit substantially from
a large number of synergies."

Drilling is continuing at Galeno with two diamond rigs conducting
geotechnical, hydrogeological and condemnation drill programs in
support of the Prefeasibility Study, due in the fourth quarter.
Drilling will resume at Hilorico once this work and the first pass
economic evaluation of the deposit are complete.

The locations of the thirteen new core holes HR-06-14 through HR-06-26
are provided on the map below with the longest intercept(s)
highlighted, and these are shown in bold in the table. For clarity only
drill holes in this release have been labelled. A representative drill
section has also been provided.

A detailed drill plan and drill sections for Hilorico along with a
complete listing of drill intercepts is available on the company's
website: http://www.northernperu.com/s/ElGaleno-Hilorico.asp

Marshall Koval, P.Geo, is the Qualified Person as defined by National
Instrument 43-101 for the Galeno Project. Jeff O'Toole, a geologist
with over 25 years of experience is supervising the quality control and
quality assurance program on site. Logging and sampling are completed
in Northern Peru's secure facility located at the project. The drill
cores are mechanically split on site and samples are transported to the
ALS Chemex facility in Lima for sample preparation and analysis.
Northern Peru inserts standards, blanks and duplicates selected on a
random basis into the sample stream and sends 5% of the sample pulps to
check laboratories in Vancouver.



-----------------------------------------------------------------------
Inter-
From To val Au Ag Significance of
Hole No. meters meters meters g/t g/t Comments Drill Hole
-----------------------------------------------------------------------
HR-06-14 2 24 22 0.56 0.7 Oxide Identified an
---------------------------------------------------- oxide gold
and 98 120 22 0.77 1.2 Oxide interval located
between those
found in hole
HR-06-03 and
HR-06-5A.
-----------------------------------------------------------------------
HR-06-15 3.1 36 32.9 0.71 3.4 Oxide Defined western
margin of surface
,oxide gold
anomaly.
-----------------------------------------------------------------------
HR-06-16 1.6 33.7 32.1 0.88 6.2 Oxide Extended a surface
---------------------------------------------------- oxide gold
and 184.3 249.7 65.4 1.02 2.6 Sulfide anomaly to depth
and defined the
vertical(sulfide)
extent of oxide
interval
encountered in
HR-06-04.
-----------------------------------------------------------------------
HR-06-17A 0.5 112.4 111.9 0.32 2.0 Oxide Extended the
---------------------------------------------------- northeastern
including 86 112.4 26.4 0.85 3.4 Oxide sector of the
oxide gold
deposit and
defined the
thrust fault at
depth.
-----------------------------------------------------------------------
HR-06-18 12 96 84 0.61 3.3 Oxide Identified a
---------------------------------------------------- thick intercept
including 12 38 26 1.20 1.5 Oxide of oxide gold
mineralization in
central eastern
part of the
deposit and the
vertical
extension of the
thrust fault was
also tested.
-----------------------------------------------------------------------
HR-06-19 18 32 14 0.55 2.2 Oxide Tested a surface
---------------------------------------------------- gold anomaly,
and 72 86 14 0.51 1.4 Oxide and defined
---------------------------------------------------- southwestern
and 180 194 14 0.85 16.5 Sulfide limit of deposit,
as well as
locating the
extension to
depth of the
thrust fault.
-----------------------------------------------------------------------
HR-06-20 0.5 46 45.5 0.59 1.2 Oxide Extended surface
---------------------------------------------------- oxide gold zone
and 88 192 104 0.80 2.3 Oxide/ to depth and
sulf. encountered a
---------------------------------------------------- thick intercept
including 88 170 82 0.81 2.3 Oxide of oxide gold
---------------------------------------------------- underlain by
including 172 192 20 0.77 2.5 Sulf., sulfide gold and
incl. polymetallic
0.29% Cu, mineralization.
0.13% Zn,
0.11% Pb
-----------------------------------------------------------------------
HR-06-21 6.6 15.5 8.9 0.55 5.7 Oxide Tested a surface
---------------------------------------------------- gold anomaly,
and 100 111.7 11.7 0.61 26.7 Sulfide defined the
southwestern
limit of deposit
and located the
thrust fault zone
-----------------------------------------------------------------------
HR-06-22 198 243.6 45.6 1.19 3.8 Sulfide Extended the
sulfide gold in
structural
"feeder" zone on
the southwest
margin of the
gold deposit.
-----------------------------------------------------------------------
HR-06-23 52 144 92 0.83 3.5 Oxide Encountered a
---------------------------------------------------- thick oxide
including 79 144 65 0.98 4.1 Oxide intercept in the
central western
part of the
deposit.
-----------------------------------------------------------------------
HR-06-24 64 76 12 0.43 3.6 Oxide Extended the
---------------------------------------------------- vertical depth of
including 140 178.5 38.5 0.54 6.4 Oxide the gold
---------------------------------------------------- intercepts in
including 178.5 206 27.5 0.59 2.5 Sulf., HR-06-15 and
incl. HR-06-23 to where
0.47% Cu the zone passes
from oxide to
sulfide
mineralization.
-----------------------------------------------------------------------
HR-06-25 92 150 58 0.63 5.8 Sulf., Encountered a
incl. thick intercept
1.78% Cu, of sulfide gold/
0.11% Zn polymetallic
---------------------------------------------------- mineralization
including 108 130 22 0.70 9.1 Sulf., which extends
incl. this zone to the
4.23% Zn, southeast. Also
0.15% Pb the first hole in
which gold and
polymetallic
mineralization
has been found to
extend into
limestone
footwall of the
thrust fault.
-----------------------------------------------------------------------
HR-06-26 2 48 46 0.66 3.0 Oxide Extended the
---------------------------------------------------- vertical depth of
and 90 110.7 20.7 0.91 3.3 Oxide the near surface,
oxide gold
intercept in
HR-05-15.
-----------------------------------------------------------------------
- All intervals occur in brecciated quartzite unless otherwise noted.


click here to view these maps:





NORTHERN PERU COPPER CORP

Signed: "Marshall Koval"
Marshall Koval, CEO & President

For further information contact:
David Strang, VP Corporate Development
[e-mail]
tel: + 604 687 0407
fax: + 604 687 7041

[sparplan_b]

in der aktuellen Ausgabe von Casey's International Speculator wieder ein kurzes Update mit Buy-Empfehlung:

BUY THIS COMPANY— NOC remains one of our favorite picks.

[Cutter_Slade]

Antwort auf Beitrag Nr.: 24.379.327 von sparplan_b am 03.10.06 16:12:54

BUY THIS COMPANY— NOC remains one of our favorite picks.
- erst recht im Vergleich zu dem, was NOM heute als Erstschätzung rausgebracht hat...
Da hatte ich doch schon einiges mehr erwartet (bin aber immer noch nicht in NOM investiert).

Und auch DNT immer noch auf WL, aber an BAJ und NOC kommt einach keiner ran...

Gruß Cutter

[Cutter_Slade]

Antwort auf Beitrag Nr.: 24.380.666 von Cutter_Slade am 03.10.06 16:59:23

Und auch DNT immer noch auf WL, aber an BAJ und NOC kommt einach keiner ran...

Vielleicht noch Copper Fox... Allerdings mag ich Projekte mit unter 0,5% Cu-Gehalt (oder Equi-Gehalt) nicht so... Wobei irrational - wenn der Cu-Preis mal wirklich richtig fallen sollte, ist es sch...egal, ob du eine Aktie mit 0,4 oder 0,6% Cu-Gehalt hast...

Gruß Cutter

[Zockii]

heute wieder auf RobTV in Doug Casey's Top Picks!

[jowipo]

Hallo allerseits,
man hört gar nichts mehr, weder von euch noch von der Firma:-)
Ich denke, daß NOC auch bei einem Kupferpreis von 4000$/t immer noch mächtig Geld verdienen kann. Ein weiterer bedeutender Vorteil dürfte sein, daß es gerade in Südamerika momentan jede Menge relativ großer Projekte mit eben 0,4% oder darunter gibt, die dann einfach auf Messers Schneide stehen. Bei NOC kommt es meiner Meinung nach auch ganz besonders darauf an, daß in den ersten fünf Jahren ja - ohne die anderen Kleinigkeiten - wegen der hohen Grades nicht die durchschnittlichen 144000tpa Cu gefördert werden sollen, sondern glatte 2080000tpa. Bei den prognostizierten Produktionskosten und einem Preis von 4000$/t kann man alle Kredite und Abschreibungen in den ersten fünf Jahren lockerst bedienen und dann praktisch für lau produzieren, wenn die Grades absacken.
Was mich aber noch mehr interessieren würde: am sage und schreibe fünften Januar gabs in einem press release zu Hilorico folgendes Löchlein:

HR05-02 cut 117.35m at 50.7g/t silver, 0.21g/t gold, 1.28% zinc and 0.61% lead from 188m to the bottom of the hole at 305.35m in core dominated by siltstone and faulting. The interval contains disseminated, vein controlled and semi-massive sulfides and includes massive sulfides over the first 16m that returned 113.0g/t silver, 0.79g/t gold, 3.90% zinc, and 1.36% lead. Hole HR-05-02 was collared 530m to the east-southeast of HR-05-01

Das ist laut Map das südlichste aller Löcher in Hilorico, warum wurde dort nicht weitergebohrt??? Die haben wohl Angst davor, zuviel zu finden:-)
Grüße
Jochen

[Cutter_Slade]

Antwort auf Beitrag Nr.: 25.632.595 von jowipo am 23.11.06 21:04:20

Die gehen in 5-6 Jahren in Produktion, da reicht es doch, wenn man sich alle halbe Jahre hier im thread mal wieder meldet....

Nix Neues von der Firma, kein Kommentar von uns.

Gruß Cutter

PS und OT: Doch wieder in DNT drin... (mit partieller Absicherung meiner Cu-Explorer-Werte via Cu-short-KO).

[jowipo]

Hallo allerseits,

eine reine Interessenfrage: NOC wäre doch eigentlich genau das, was jede große Firma so als kleine Übernahme sinnvoll tätigen könnte. Ein klar definiertes Projekt mit einer wirklich unglaublich wunderbaren fünfjährigen Startphase: zwar hoher Anfangsinvest, aber strip ratio praktisch 0 und hohe grades im open pit, und bei Produktionskosten von 0,5$ je Pfund Kupfer kann man bei den prognostizierten Zahlen auch dann sage und schreibe eine halbe Milliarde Cash im Jahr generieren, wenn Kupfer wieder auf 4000$pt fallen sollte. Die anderen deposits kann man dann - falls man nicht interessiert ist - entweder verhökern oder man verleibt sich eben nur Galeno ein und läßt den Rest dann als NOC neu weiterlaufen. Was glaubt ihr, kommt nach der pre-feasibility in Bezug auf Übernahme Spannung auf?

Grüße
Jochen

[sparplan_b]

@ jowipo: siehe fett"gedrucktes" !


Artikel über Ross Beaty aus
Explorers' League Dispatch *), Vol. II; No. 14 December 18, 2006

Ross Beaty – Creating Real Growth
Ross Beaty is quick to point out that the process of mining exploration is “cookie-cutter-type business.” From metallurgy to resource estimates to pre-feasibility studies, everyone follows the same checklist when developing a prospective mine. “It’s not complicated, it’s relatively easy,” Beaty says. “But you have to implement it, that’s the hard part.”

The ability to follow through is what separates members of the Explorers’ League, such as Beaty, from the rest of the pack. Despite his incredibly successful track record, Beaty is not much for bluster or self-aggrandizement. His demeanor – just like his approach to exploration – is direct and no-nonsense. What he brings to the table that others do not is an exceptional dedication to his goals. This intense work ethic creates a culture of competitive excellence within his companies. Because of the aggressive pursuit of their aims, Beaty and David Strang (Beaty’s point man on Global Copper) are called “hyperactive workaholics” by their Chilean colleagues.

Beaty believes that it is crucial to work at an accelerated pace during a bull market, such as the current one. It’s only when metal prices are up that junior explorers receive market recognition and can be financed with a minimum of share dilution. “Nobody develops mining properties as quickly as we do,” Strang claims. “Ross [Beaty] builds these companies with the single-minded focus of understanding exactly what the endgame is, exactly why he’s building them, and he remains completely focused on executing the business plan without getting distracted.”

What distractions prevent other companies from duplicating Beaty’s success? “Ignorance,” Beaty says. “Not understanding shareholder value.” His track record proves that this is something Beaty understands in spades. His companies’ shares have all made tremendous gains in the last three months. Pan American Silver (PAA-T) is up over 30% from the end of September, Northern Peru Copper (NOC-T) is up 50%, and Global Copper (GLQ-T) is up a staggering 75%. Strang, who has a background as a valuation specialist in the mining industry, remarks that he is amazed at Beaty’s sharp understanding of strategic value, about how to find it and how to enhance it.

Beaty himself articulates exactly how shareholder value should be understood: “To some guys, growth is increasing your market capitalization by diluting your shareholder equity, and that’s not my definition. My definition is capital gains, pure and simple. When a stock goes from one dollar to seven dollars, that’s wealth creation. That is shareholder value. Nothing else. Compare that to a situation where you have a company that’s worth 100 million dollars that trades 33 million shares at three dollars a share, and it pays $3.00 a share for another company that has 33 million shares, then all of sudden you have a 200-million-dollar company, but you haven’t created a penny of shareholder value.”

In the past we have called Ross Beaty a ”broken slot machine” because of the massive returns he has generated for his shareholders time and time again. But don’t let his nickname mislead you. Beaty’s success has little to do with luck, and much more to do with his extreme distaste for share dilution and his keen eye for properties that have great upside.

Take Regalito. It was one of the four companies that resulted from the restructuring of Lumina Copper in May 2005. Shortly after the restructuring, it was sold to Pan Pacific for $137 million, a 17% premium on the closing share price. Or look at Lumina Resources, another Lumina Copper offspring. It completed a buyout November 2006 with Western Copper for $30.7 million, a 66% premium on the closing share price.

Pan American Silver should not be overlooked either. With Pan American, Beaty proves that he can employ a completely different strategy, buying existing silver mines, then expanding them and making them much more efficient. Beaty plans to make more acquisitions for Pan American in 2007 – so long as those deals come at the right price. He’s also more bullish on silver than base metals in the upcoming year, pointing out that silver stockpiles are low and new industrial uses for silver are on the way.

This may only be the beginning. Beaty has been executing his plan for the four companies that came out of Lumina Copper step by step, and it is only halfway done. Northern Peru Copper and Global Copper, the final two children of Lumina Copper, are next in line. Northern Peru Copper is one year behind Regalito in its development, with a pre-feasibility study expected in January 2007. According to Strang, Marshall Koval (the president of Northern Peru Copper) has created a powerful report with as much detailed information as many other companies’ full feasibility study. That should allow the company to move quickly to attract a buyer in 2007, the endgame envisioned by Beaty from the start. And finding a buyer should be imminently doable, given that -- based on the company’s Net Present Value (NPV) -- Beaty believes NOC is worth $16 per share, about $10 higher than it currently trades. And that NPV was calculated using a conservative US$1.20/lb copper versus the US$3.04 it is trading at today.

Next up is Global Copper, which again Strang figures is about one year behind Northern Peru Copper in its development. The company is committed to putting out a pre-feasibility study for Global Copper in January 2008. Although it already has outlined an impressive 3.5 billion lbs Cu at Relincho, chances are that the resource estimates will be increased over the upcoming year. This should do wonders for the company’s shareholder value, given its tight share structure. A share structure that, in classic Beaty fashion, will likely remain tight: after optioning off two of its lesser properties, the company is flush with cash. Financing without share dilution is practically a Beaty motto. This makes Global Copper a prime candidate to follow in the footsteps of its elder siblings and become a prime buyout target itself in the near future.

Only a member of the Explorers’ League could execute overarching plans of the magnitude of the Lumina Copper restructuring. By staggering the development of his South American copper properties, Beaty has created a string of firecrackers, each appearing bigger than the last. The fuse on Northern Peru is getting short, and Global Copper is starting to burn… so if you are not yet positioned, you may not want to hold off much longer. (For more detailed coverage and recommendations, you’ll want to pick up a no-risk trial subscription to our sister publication, the International Speculator, which is following both companies.)


*) The Explorers’ League is a membership service with KitcoCasey, LLC.
Kann kostenlos angefordert werden unter
http://www.kitcocasey.com/xLeagueOpt.php?kc=&kkcppref=

[Cutter_Slade]

Antwort auf Beitrag Nr.: 26.286.557 von sparplan_b am 18.12.06 21:51:42

OT: Casey hat im letzten International Speculator für Global Copper eine Kaufempfehlung ausgegeben (dem chart nach zu urteilen, für Abonnenten seines - leicht teueren - investment alert wohl schon im Oktober) - bisher hat man nichts falsch gemacht, Ross Beaty zu folgen...

Gruß Cutter

[jowipo]

Die Frage bei NOC ist doch, ob jemand die ganze Firma oder eben nur Galeno kaufen möchte. Außer Hilorico gibts ja z.B. auch noch Pashpap, bei dem Jogmec hoffentlich seinen Bohraufgaben nachkommt und das auf den ersten Blick zwar nicht so hohe Grades wie Galeno hat, aber eben auch nicht ganz unprofitabel sein könnte. Da handelt sich ein potentieller Käufer dann außer für ihn vielleicht uninteressanten Properties auch solche mit Partnern ein, mit denen man möglicherweise gar nichts zu tun haben will. Bei Global Copper ist es in Bezug auf die Properties ja ähnlich, wenn ich jetzt aber nichts durcheinander werfe, sieht es dort leider so aus, als würden die nicht solch hohe Grades wie Galeno erreichen, was mir bei dem zu erwartenden potentiellen Kupferüberangebot nicht gefällt. Andererseits hatte ich bei 1,65 Can$ das Geld zum Kauf schon in der Hand und ärgere mich jetzt natürlich, daß ich sie nicht gekauft habe:-)
Grüße
Jochen

[sparplan_b]

NEWS

Quelle:
http://www.northernperu.com/s/NewsReleases.asp?ReportID=1649…

Thu Jan 4, 2007

Northern Peru Reports an Initial Gold Resource Estimate at Hilorico

Vancouver, British Columbia -- Northern Peru Copper Corp. is pleased to announce that it has received a 43-101 compliant resource estimate for the Hilorico gold deposit located in northern Peru approximately one kilometre from the company's large-scale Galeno copper-gold-molybdenum porphyry project and 16km from Yanacocha, South America's largest gold mine.

The report estimates an inferred oxide resource of 19.4 million tonnes at a gold grade of 0.65 grams per tonne and a silver grade of 3.3 grams per tonne at a cut off grade of 0.30 grams per tonne gold; for a total of 407,000 contained ounces of gold and 2.1 million contained ounces of silver. In addition an inferred sulphide resource of 21.3 million tonnes at a gold grade of 0.93 grams per tonne and a silver grade of 4.8 grams per tonne was estimated using a cut off grade of 0.50 grams per tonne; for a total of 641,000 contained ounces of gold and 3.3 million contained ounces of silver. The different cut-off grades used for oxide and sulphide gold mineralization reflect the different potential operating costs of processing these ore types.

The mineral resource estimate at different gold cut off grades for oxide and sulifde tonnages is shown in the table below. The resource estimate is classified as an Inferred Mineral Resource, consistent with the CIMM definitions referred to in National Instrument 43-101 (NI 43-101).

-----------------------------------------------------------------------
Sulfide
Cut Oxide Resource Sulfide Resource and Oxide
off ----------------------------------------------------------------
grade '000 Au Ag '000 '000 '000 Au Ag '000 '000 '000 '000
g/tAu tonnes g/t g/t OzAu Oz Ag tonnes g/t g/t Oz Au Oz Ag Oz Au Oz Ag
-----------------------------------------------------------------------
0.2 27,311 0.53 3.5 469 3,038 58,582 0.54 5.2 1,020 9,738 1,489 12,776
-----------------------------------------------------------------------
0.3 19,395 0.65 3.3 407 2,076 40,064 0.68 5.2 877 6,634 1,284 8,710
-----------------------------------------------------------------------
0.4 13,748 0.78 3.3 344 1,459 29,577 0.80 5.0 760 4,736 1,104 6,194
-----------------------------------------------------------------------
0.5 9,776 0.91 3.3 287 1,021 21,340 0.93 4.8 641 3,321 928 4,342
-----------------------------------------------------------------------
0.6 7,251 1.04 3.3 242 776 16,446 1.05 4.6 556 2,427 798 3,203
-----------------------------------------------------------------------
0.7 5,458 1.17 3.4 205 588 13,472 1.14 4.3 494 1,863 698 2,450
-----------------------------------------------------------------------

The mineral resource estimate is based on assay results from 8,656 metres of drilling in 27 diamond drill holes. Robert Sim, P.Geo., from Norwest Corporation and a Qualified Person as defined by NI 43-101, was responsible for the mineral resource estimate. This estimate will be filed in a Technical Report, compliant with NI 43-101, and posted on SEDAR within 45 days.

Metallurgical testwork on drill core from the oxide and sulphide portions of the deposit is underway at Plenge Laboratories in Lima and results are expected in January 2007.

At present Northern Peru Copper has drilled 9,650 meters in 30 holes at Hilorico. Holes HR-06-28 through HR-06-30 targeted gold and zinc rich polymetallic replacement mineralization such as the 3.85 meters grading 16.7% zinc, 18.6 grams/tonne silver, 0.6 grams/tonne gold, 0.29% copper and 0.20% lead intersected in hole HR-06-25 from 108.00 to 111.85 meters. Northern Peru Copper views the limestones located to the east of Hilorico, and within the company's claim block as highly prospective for polymetallic replacement deposits and this area will be intensively explored in 2007.

Work on the Galeno Prefeasibility Study is continuing and the results will be published early in January 2007.

The Galeno project is located in the Yanacocha mining district of northern Peru, approximately 16 kilometers east of the mining operations at Yanacocha (650 million tonnes @ 1.0 g/t Au). The district contains a number of major copper/gold deposits, including the Newmont/Buenaventura owned Conga project located 5 kilometers to the north (337 million tonnes @ 0.3% Cu, 0.8 g/t Au), the Peruvian government owned Michiquillay deposit (630 million tonnes @ 0.69% Cu, 0.14 g/t Au) 5 kilometers to the south and the Cerro Corona project (119 million tonnes @ 0.47% Cu, 1 g/t Au) currently under construction by Gold Fields and located 35 kilometers to the north.

A detailed drill plan and drill sections for Hilorico along with a complete listing of drill intercepts reported to date is available on the company's website: http://www.northernperu.com/s/ElGaleno-Hilorico.asp

Marshall Koval, P.Geo, is the Qualified Person as defined by National Instrument 43-101 for the Galeno Project.

Jeff O'Toole, a geologist with over 25 years of experience is supervising the quality control and quality assurance program on site. Logging and sampling are completed in Northern Peru's secure facility located at the project. The drill cores are mechanically split on site and samples are transported to the ALS Chemex facility in Lima for sample preparation and analysis. Northern Peru inserts standards, blanks and duplicates selected on a random basis into the sample stream and sends 5% of the sample pulps to check laboratories in Vancouver.

NORTHERN PERU COPPER CORP
Signed: "Marshall Koval"
Marshall Koval, CEO & President

For further information contact:
David Strang, VP Corporate Development
[e-mail]
tel: + 604 687 0407
fax: + 604 687 7041

[Cutter_Slade]

Antwort auf Beitrag Nr.: 26.350.521 von jowipo am 20.12.06 20:43:56

Wenn ich die statements von Casey richtig in Erinnerung habe, weiß man noch nicht endgültig, ob man Galeno wie ursprünglich beabsichtigt verkauft (wenn sich Bieter finden sollten, dürfte eine Abspaltung nicht schwierig sein) oder vielleicht sogar doch selbst entwickelt.

Was die Grade betrifft, so sind diese bei Global Copper's Relincho - bei gleichem cut-off - übrigens höher als bei Galeno... (dafür ist letztere Lagerstätte - auch wieder abhängig vom cut-off- aber 3 x so groß... - ich verwende für oberflächennahe Lagerstätten der Vergleichbarkeit halber übrigens 0,3% Cu-cutt-off - außer Beaty-Firmen gibt nämlich kaum jemand 0,4% an, da die Tonnagen sonst so klein erscheinen... - außerdem kommt man so bei 1,50 - 1,80 USD/lbs langfristigem Cu-Preis auf 9 - 11 USD / t, und das dürfte ausreichend sein)

Gruß Cutter

PS: Ich dachte, NOC kommt noch mal runter in dem Umfeld...

[jowipo]

Galeno selbst zu entwickeln sollte eigentlich machbar sein, die genannten ca 850 Mio$ Invest sollte man über die übliche Mischung aus Kapitalerhöhung, Kredit und Vorwärtsverkäufe zusammenbekommen. Selbst bei einem Kupferpreis von 1,50 brauchen die nur 50% der ersten drei Jahresproduktionen im Voraus zu 1,20 zu verkaufen und schon sind 800 Millionen zusammen. Die restlichen 50% zu Produktionskosten von 0,5$ je Pfund reichen dann für diese drei Jahre zum Überleben mehr als aus.
Nach einem Verkauf von Galeno bliebe außer Hilorico nur noch Pashpap, laut Pressemeldung wollte JOGMEC doch schon im Mai06 mit einem Bohrprogramm von 4800 Metern anfangen, sollten da nicht auch so langsam mal Ergebnisse kommen?
Ich hatte in Erinnerung, daß das Cu-equivalent bei NOC höher ist als das, was ich bei Relincho gelesen habe, ist aber auch egal. Beaty soll jetzt nur langsam mal die pre-feasibility rausrücken, die war immerhin schon für letztes Jahr versprochen und die hatte ich mir eigentlich zu Weihnachten gewünscht:-)
Grüße
Jochen

[sparplan_b]

NEWS

Northern Peru Receives Positive Prefeasibility Study on Galeno Copper Deposit and Proceeds to Bankable Feasibility Study

VANCOUVER, BRITISH COLUMBIA, Jan 10, 2007 (MARKET WIRE via COMTEX News Network) --

Northern Peru Copper Corp. (TSX: NOC) is pleased to announce its receipt of a positive Prefeasibility Study ("PFS") on its 100% owned Galeno copper/gold/molybdenum/silver Project (the "Project") located in the Yanacocha District of Northern Peru. The robust results of the PFS, which were broadly comparable to the Preliminary Economic Assessment ("PEA") completed by Northern Peru in July 2006, demonstrate that an open pit mining operation at Galeno is economically viable. Northern Peru will now undertake a comprehensive bankable feasibility study for completion by the first quarter 2008. All dollar figures below are in US dollars.

Marshall Koval, President & CEO, said: "The PFS shows that Galeno is an economically robust project and one of the best undeveloped copper projects in the world. We will aggressively advance the project with the completion of a bankable full feasibility study during the next year, with a view to making a construction decision in early 2008."

Northern Peru Copper will host a conference call on Wednesday January 10th, 2007 at 9:00 am (Pacific) or 12:00 pm (Eastern) to discuss these results. Call-in information is provided at the bottom of this news release.

Highlights

- Robust project economics driven by high grade starter pit, exceptionally low strip ratio, simple processing technology, good existing infrastructure and large mineral reserve.

- Base Case Net Present Value ("NPV"), after tax, of $560 million and an Internal Rate of Return ("IRR") of 18.2% (using $1.35/lb copper, 8% real discount rate, $93/tonne treatment charge and $0.08/lb refining charge). Using $2.00/lb copper the after-tax NPV increases to $1.64 billion and the IRR increases to 34.3%.

- Probable Reserves of 661 million tonnes grading 0.50% copper, 0.12g/t gold, 0.013% molybdenum and 2.51g/t silver, excluding 55 million tonnes of in-pit Inferred Resources classified as waste per NI 43-101 requirements.

- Capital payback in 3.6 years (1.1 years using $2.00/lb copper).

- Average copper-in-concentrate production of over 144,000 tonnes per year for 20.4 years with the first five years averaging over 200,000 tonnes of copper-in-concentrate production per year.

- 23% increase in by-product gold production and 16% increase in by-product molybdenum production compared to forecast levels in the PEA, due to improved metallurgical recoveries during PFS testwork. Annual by-product production averages 82,300 ounces of gold (over 103,000 ounces per year average for the first eight years), 2 million ounces of silver and 2,300 tonnes of molybdenum-in-concentrate.

- C-1 life of mine ("LOM") cash costs (net of by-product credits) are estimated to average $0.51 per pound of copper mined.

- The Project will generate approximately 657 permanent jobs and 3,600 jobs during the 2.5 year construction period and $1.4 billion in taxes, government royalties and employee profit sharing payments.

The salient details of the PFS are summarized, and a comparison to the PEA is provided, in the table below.


-----------------------------------------------------------------------
---
Preliminary Economic
Prefeasibility Study Assessment
--------------------------------------------------------------------------
NPV (after tax, 8% discount rate) $560 million $548 million (1)
--------------------------------------------------------------------------
IRR (after tax) 18.2% 21.7%
--------------------------------------------------------------------------
Initial Capital Expenditure $976 million (2) $853 million
--------------------------------------------------------------------------
LOM C-1 Cash Costs
(net by-product credits) $0.513/lb Cu mined $0.486/lb Cu mined
--------------------------------------------------------------------------
Mill Capacity 90,000 tpd 90,000 tpd
--------------------------------------------------------------------------
Annual Throughput 32.4 million tonnes 32.4 million tonnes
--------------------------------------------------------------------------
Mine Life 20.4 years 20.7 years
--------------------------------------------------------------------------
Strip Ratio 0.28:1(3) 0.13:1
--------------------------------------------------------------------------
LOM average annual
copper-in-concentrate
production 144,000 tonnes 144,000 tonnes
--------------------------------------------------------------------------
First 5 Years average annual
copper-in-concentrate
production 202,000 tonnes 208,000 tonnes
--------------------------------------------------------------------------
First 8 years average annual
gold production 103,000 ounces 39,000 ounces
--------------------------------------------------------------------------
(1) based upon US$1.20 copper, $425 gold, $6.50 silver and $10 molybdenum
prices, $100 treatment charge and $0.07 refining charge.
(2) includes $122 million in contingency costs versus $0 million in the
PEA.
(3) includes 50 million tonnes of in-pit Inferred Resources categorized
as waste. Excluding Inferred Resources decreases the strip ratio to
0.18:1.

The PFS was completed by Samuel Engineering, Inc. Raymond R. Hyyppa, a Samuel Engineering Associate is the Qualified Person for the PFS. The PFS was managed by MTB Project Management Professionals (project management, infrastructure, capital and operating costs) and comprised several studies prepared by Norwest Corporation (resource estimate), WLR Consulting (reserve, mining, production schedule), Process Research Associates (metallurgy and environmental testing), Samuel Engineering (process engineering, infrastructure and capital and operating costs), Vector Engineering (tailings, waste rock, environmental management, capital and operating costs), Montgomery, Watson, Harza (baseline environmental studies), SRK Consulting (cash flow modeling and valuation) and Social Capital Group (socioeconomic studies). The PFS will be available on the Company's website (www.northernperu.com) and SEDAR (www.sedar.com) within 45 days.

Project Economics

SRK Consulting developed a cash flow valuation model on the Project based upon the geological and engineering work completed to date. The base case was developed using long term forecast metal prices of $1.35/lb for copper, $475/oz for gold, $8.50/oz for silver and $10/lb for molybdenum oxide. These price forecasts are considerably lower than current prices which, as of January 9, were $2.58/lb for copper, $614/oz for gold, $12.48/oz for silver and $25.25/lb for molybdenum oxide.

The following table shows the NPV of the base case at various discount rates:


-----------------------------------
Discount Rate
(Real) NPV
-----------------------------------
0% $2,056 million
-----------------------------------
5% $928 million
-----------------------------------
8% $560 million
-----------------------------------
10% $387 million
-----------------------------------
12% $254 million
-----------------------------------

The following chart shows the sensitivity of the base case's NPV and IRR to changes in the copper price: (8% real discount rate):

To view chart please click on the following link: http://www.ccnmatthews.com/docs/NOC0110a.jpg

Reserves and Resources

WLR Consulting used the updated NI 43-101 resource estimate developed by Norwest and filed on SEDAR on September 26, 2006 for Galeno and the corresponding block model to develop a mine plan and production schedule for the Project. That resource estimate determined Indicated Resources of 765 million tonnes grading 0.49% copper, 0.11g/t gold, 2.6g/t silver and 0.014% molybdenum at a 0.4% copper equivalent cutoff grade and additional Inferred Resources of 98 million tonnes grading 0.35% copper, 0.11g/t gold and 0.010% molybdenum at a 0.4% copper equivalent cutoff grade was also delineated (Cu Equivalent prices: Cu $1.00/lb, Au $400/oz, Mo $6.00/lb).

Using floating cone evaluations of potential economic pit limits on the Indicated Resource and treating Inferred Resources within the pit shells as waste, WLR Consulting determined Probable Reserves of 661 million tonnes grading 0.50% copper, 0.12g/t gold, 0.013% molybdenum and 2.51g/t silver. The ultimate pit and probable reserve were defined by prices of $0.90/lb Cu, $360/oz Au, $5.85/ounce Ag and $5.40/lb Mo. This analysis resulted in a LOM stripping ratio of 0.28:1 or 182 million tonnes of waste rock. However, per NI 43-101 requirements, all in-pit Inferred Resources, totalling 55 million tonnes, cannot be included in the Reserve calculation and are treated as waste. Assuming that these Inferred Resources are upgraded to Reserves during the feasibility infill drill program, the strip ratio would drop to approximately 0.18:1, one of the lowest strip ratios of any large-scale copper mine globally.

Mining & Milling

Production is scheduled to deliver 90,000 tonnes per day (32.4 million tonnes per year) of sulphide ore to the primary crushers for 20.4 years. The concentrator plant is forecast to produce, on average, 144,000 tonnes per year of copper in concentrate, 82,300 ounces per year of gold, 2 million ounces per year of silver and 2,300 tonnes per year of molybdenum in concentrate. Average LOM metallurgical recoveries have been estimated to be 89.6% for copper, 67.0% for gold, 77.3% for silver and 52.9% for molybdenum. The copper concentrate will grade on average 33.0% copper, 5.9g/t gold and 143.7g/t silver and the molybdenum concentrate will grade 50.0% molybdenum.

The Project will also benefit from a higher grade starter pit that will deliver, on average, more than 200,000 tonnes of copper in concentrate in the first 5 years of the mine's operation. The Project will also produce, on average, over 103,000 ounces of gold per year for the first 8 years of the mine's life. Annual production of copper and gold is shown in the graph below:

To view graph please click on the following link: http://www.ccnmatthews.com/docs/NOC0110b.jpg

MTB Project Management, WLR Consulting, Samuel Engineering and Vector Engineering developed capital cost estimates for the proposed mining and processing operation at Galeno. The following table summarizes the capital cost estimates in the PFS for the Project:


---------------------------------------------------
Direct Capital Costs $722.0 million
---------------------------------------------------
Indirect Capital Costs $132.0 million
---------------------------------------------------
Total Capital Costs $854.0 million
---------------------------------------------------
Contingency (13.9%) $121.6 million
---------------------------------------------------
Total w/ contingency (Base Case) $975.6 million
---------------------------------------------------
Upfront Working Capital $14.7 million
---------------------------------------------------
Spares, Consumables, etc. $17.5 million
---------------------------------------------------
LOM Sustaining Capital Costs $258.6 million
---------------------------------------------------

The capital cost estimates have been compiled with an accuracy level of - 2% to + 13.9%.

Operating Costs

The results of the PFS show that a mine at Galeno will be a low cost operation with C-10 cash costs (net of by-products) over the life of the mine averaging $0.51 per pound of copper mined. The Project benefits significantly from the low strip ratio, easy terrain, and close proximity to major infrastructure. C-1 cash costs include at-mine cash operating costs, concentrate transportation and freight costs and all treatment and refining charges.

To view chart please click on the following link: http://www.ccnmatthews.com/docs/NOC0110c.jpg

Infrastructure

Galeno is in an established mining district due to the presence of the world-class Yanacocha open pit gold mine 16 kilometres to the west and the near-production Cerro Corona mine approximately 34 kilometres to the north. Substantial regional infrastructure is in place with road access, water, power and skilled labour available in the vicinity of the project. The company is working with other operators in the area to maximize the use of existing infrastructure. In support of these efforts, the company has completed port facility, power distribution, water resources and road improvement studies.

Environmental & Social

The Project is utilizing World Bank Guidelines for environmental and social management practices, design and development. Several preliminary baseline studies in support of a comprehensive Environmental and Social Impact Assessment (ESIA) have been completed. The ESIA will be developed in accordance with Peruvian mining regulations, the Equator Principals, and the underlying requirements of the International Finance Corporation (IFC) environmental and social performance standards. To date, surface and groundwater, archaeological, socio-economic, biological, meteorological and re-vegetation studies have been completed.

The company has also developed community relation policies and completed a social context analysis, stakeholder mapping and regional water use analysis. Land acquisition programs have been developed to meet World Bank guidelines and the Equator principles and a local employment program has been implemented.

The project is being designed to minimize the potential for offsite discharges or environmental impacts and to maximize opportunities to enhance local infrastructure, such as power, road access and water availability during the dry season. The PFS test work has shown mill tailings as non-acid generating. Waste rock will be minimal due to the deposit's low stripping ratio, and waste dump design will include encapsulation cells for any potentially acid generating waste rock.

Next Steps

A bankable feasibility study will now be initiated and is currently forecast to be completed by the first quarter of 2008. The bankable feasibility study will include further infill drilling that will upgrade in-pit Inferred Resources to Reserves while also upgrading Probable Reserves to Proven Reserves. In addition, extensive additional metallurgical test work will be completed as well as further detailed engineering, social and environmental studies.

Exploration is also continuing on the property in three areas: (1) for additional gold resources associated with the Hilorico gold zone 1 km to the east of Galeno; (2) for zinc and other base metal mineralization below the Hilorico gold zone; and (3) for skarn deposits lateral to and at depth from the Galeno deposit.

Conference Call

Call in details for the conference call to be held on January 10 at 9.00am (Pacific Time) are:

North American toll-free: 1-866-321-8231

International: 1-416-642-5213

A replay of this conference call will be available from Wednesday, January 10 until January 17 and will be posted on Northern Peru's website at www.northernperu.com. The replay numbers are:

North American toll-free: 1-866-244-4494

International: 1-416-915-1028

Pin: 12486

NORTHERN PERU COPPER CORP.

Marshall Koval, CEO & President

[sparplan_b]

Neues:

Northern Peru Engages Financial Advisor to Pursue Strategic Alternatives

VANCOUVER, BRITISH COLUMBIA, Feb 06, 2007 (MARKET WIRE via COMTEX News Network) --

Northern Peru Copper Corp. (TSX: NOC) is pleased to announce that it has retained Genuity Capital Markets ("Genuity") as a financial advisor to explore various strategic alternatives it is considering. Genuity is an independent Canadian financial advisory firm specializing in the mining sector, and has provided advisory services in connection with some of the largest mining transactions in recent years.

Galeno contains one of the largest undeveloped copper resources in the Americas. The property is located in the Yanacocha mining district approximately 16 kilometers east of the Yanacocha gold mine, one of the largest gold mines in the world and 5 kilometers north of the Michiquillay copper/gold project which is currently being privatized by the Peruvian government.

On January 10, 2007 the Company announced the results of a positive prefeasibility study on the Galeno project. The study showed that the project has robust economics supported by a high grade starter pit, an exceptionally low strip ratio, simple processing technology, a 661 million tonne probable mineral reserve and good regional infrastructure. Based upon a long term copper price of US$1.35/lb, the study shows that the project generates an after tax net present value of US$560 million at an 8% real discount rate with an internal rate of return of 18.2%. Further details on the results of the prefeasibility study can be found in the Company's news release dated January 11, 2007 (www.northernperu.com). An updated 43-101 technical report detailing the results of the prefeasibility study will be available in late February.

Northern Peru continues to advance the Galeno project. A bankable feasibility study will begin in early February and will include a 20,500 meter infill drill program, metallurgical testing and engineering, social and environmental studies. The Company will also continue its exploration program on base metal and gold targets at Galeno and the neighbouring Hilorico gold deposit.

Key contacts at Genuity are:

- Ted Hirst [phone]

- Gunnar Eggertson [phone]

NORTHERN PERU COPPER CORP.

Marshall Koval, CEO & President

[Cutter_Slade]

Antwort auf Beitrag Nr.: 27.472.208 von sparplan_b am 06.02.07 20:41:26

Naja, die Frage, ob man Galeno selbst in Produktion bringen will, hat sich wohl nun (fast) erledigt.
Hoffe, dass nicht ein ähnliches Fiasko wie bei Skye Res. passiert. Aber dafür dürfte Beaty zu erfahren sein... (oder die Chinesen bringen ihn mit dem Kauf des Monterrico-Deposits in Zugzwang).

Gruß Cutter

[lupussteppus]

Antwort auf Beitrag Nr.: 27.478.851 von Cutter_Slade am 07.02.07 08:04:14

ich denke eher die Chinesen müssen, wenn sie Rio Blanco von Monterrico ernsthaft in Betrieb nehmen wollen, sich mit den für Michiquillay zuständigen peruanischen Behörden gut stellen und ein dickes Angebot machen. Anscheinend ist ja das Rio Blanco Projekt sehr verhaßt und könnte auch in einem ökologischen Disaster enden- der Michiquillaypreis wäre quasi die Abfindung. Ein hoher Kaufwert von Michiquillay, das nur 5 km von Galeno entfernt liegt, wird sich sehr positiv auf Galeno auswirken.
Klar ist jede Menge Spekulation im Spiel und alles kann ganz anders liegen. Aber die Chinesen wollen nicht Inflationsverluste ihren liquiden Währungsreserven von momentan ca 1 Bio $ hinnehmen und werden , solange der $ noch etwas wert ist, Konzessionen,Rechte und Firmen agressiv akquieren .
Meinen Glückwünsch denen, die auch im frühen Sommer 06 gekauft haben.

[Cutter_Slade]

Antwort auf Beitrag Nr.: 27.482.645 von lupussteppus am 07.02.07 11:47:33

Meinen Glückwünsch denen, die auch im frühen Sommer 06 gekauft haben

Das war einer meiner wenigen besseren timing-Momente, zu 3,45 CAD kurz vor dem Ausbruch, nachdem ich Casey lange Zeit ignoriert hatte....

Gruß Cutter

PS: Der Markt scheint überzeugt davon, dass die avisierten 10 CAD bei Übernahme kommen....

[lupussteppus]

Hehe , ja wann greift man schon zum richtigen Zeitpunkt zu. Vor allem sackte einen Tag nach meinem Kauf die Aktie 2-3 Tage auf 1,70 € , was einen etwas frustiert. Aber man darf auch nicht zu zappelig werden- sonst verpaßt man Tage wie gestern.

Ich glaube aber, dass 10$CAN oder 290Mio MK doch ein wenig tiefgestapelt sind. Nicht aus Gier, sondern einfach aus realistischer Betrachtung. Denn das liefe bei den aktuellen 661Mio t Cu @ 0.5% auf einen Preis pro Pfund von nur 3.6 c $ US hinaus. In dieser Rechnung sind noch nicht mal der CuEq, also alles Molybden , Gold und Silber, enthalten. Außerdem kann NOC leicht die Resourcen auf 716 Mio t durch Aufwertung der in-pit inferred resources mittels Infill-drilling erhöhen.
Zieht man die 2. Variante in Betracht und geht wie im RE von einem CuEq von 0.64% aus, so käme man auf 4582000 t Cu (eq inclusive) in Pfund umgerechnet auf ca 9.165 Mrd pfund Cu. Wieder bei 290 Mio $ wären das 2,6 c US / lb - also ein absoluter Witz.

Zudem hat das Team um Koval einen recht anspruchsvollen cut-off von 0,4 % gewählt. Andere Explorer begnügen sich mit einem cut-off von 0.2%! Aus dem Resource Estimate von August 06 geht für einen cut-off von 0,3%
indicated : 1028 Mio t CuEq 0.57 %
inferred : 553 Mio t CuEq 0.36 %
hervor.
Zugeben sieht der CuEq für inferred nicht sehr attraktiv aus , aber das Projekt hat doch ein noch weit größeres Volumen im indicated-Bereich , wenn man nur die abgrenzenden Parameter marktüblich anpaßt.
Auch Hilorico wird ja bei all den Hochrechnungen nicht gerade angerechnet.

Klar kann man schlecht vorhersagen, wieviel ein Investor zu zahlen bereit wäre in c/ Pfund, aber ich denke die Qualität von Galeno mit seinem extrem niedrigen strip ratio von 0.28/1 bzw 0.18/1 nach dem Infilldrilling wäre locker mindestens 5-6 c US/lb wert! Ich denke für die Projekt- Economics ist der Strip-ratio extrem wichtig, weil dadurch ja keine großen finanziellen Aufwendungen durch Erdbewegung nötig sind.

Also das alles sollte nun keine Belehrung werden, sondern vielmehr ne Auflistung preisbestimmender Fakten. Wer die Aktie hat, weiß sowieso, worum es geht. Nur wage ich zu bezweifeln, dass die Analysten alles in die Waagschale geworfen haben, wenn ihre Bewertung nur die Hälfte des in der Prefea St. genannten
NPV von $560 Mio beträgt, bei 1,35 $ /lb wohlgemerkt.
Bei 2$/lb sind es ja schon $1.64 Mrd als NPV.

Wünsche allen noch viel Spaß mit dem Wert.

[Cutter_Slade]

Antwort auf Beitrag Nr.: 27.512.758 von lupussteppus am 08.02.07 15:22:18

Ja, weiß ich alles, die 10 CAD stammen auch nicht von mir, sondern sind mir noch von irgendeinem Analysten im Ohr.
Das mit den cut-offs ist wirklich immer so eine Sache, außer NOC (und GLQ) sind mir in letzter Zeit wirklich überhaupt keine Explorer untergekommen, die so hohe cut-offs angeben. Wenn ich das richtig in Erinnerung habe, liegen die niedriggradigen inferred vorwiegend (bis auf die paar Lücken) nicht lateral, sondern unter dem jetzigen Depot - von der Warte her sollte der deutlich niedrigere Grad erst mal nicht stören.

Aber ich habe kein Gefühl dafür, wieviel Ressourcen im pre-feas-Stadium wert sind (wie war das bei Regalitho ? - hatte mich damals noch nicht für Beaty-Gesellschaften interessiert bzw. wußte noch gar nichts von ihm).
Der Markt bewertet z.B. Baja - gestern mit einem "Zwischen-PEA" ( der aber i.W. bis auf die Verabeitung von weiteren in-fill-Drillmetern der feas, die für März angekündigt ist, entspricht), herausgekommen - mit etwa der Hälfte des NPV bei CU 1,25 und Produktionsbeginn 2009.
So richtig optimistisch kann ich noch nicht sein.

Gruß Cutter

[lupussteppus]

Sorry aber was die Peer Group angeht, kann ich nicht mitreden.
Weiß nicht, ob du Stockhouse.com mitliest, aber dort war kürzlich so ein Fatzke, der das Kupfer in Galeno als völlig unwichtig erachtete und nur das GOld als einzigen Grund für ein buy-out eines Mayors anführte.Sein Begründung war der seltsame Deal der Chinesen, die ja Monterrico kauften. Da dort nur ca 1-2c /lb Cu flossen, soll es hier nicht anders sein , was ja dann eine Marketcap von 170 Mio Can zur Folge hätte. Halte sowas eher für Nonsens aber habe schon meine Probleme den Marktwert richtig einzuschätzen.
Indiz, dass Galeno/Michiquillay mit Monterrico eben nicht vergleichbar ist, wäre wohl, dass momentan für Michiquillay mind. 10 Bieter Schlange stehen und für Monterrico angeblich mit Mühe überhaupt jemand gefunden wurde, und dann auch nur die umweltignoranten Chinesen.

[sparplan_b]

NEWS:


Northern Peru Acquires 100% Interest in Galeno and El Molino Concessions, Peru

VANCOUVER, BRITISH COLUMBIA, Apr 23, 2007 (MARKET WIRE via COMTEX News Network) --

Northern Peru Copper Corp. (TSX: NOC) announces that it has exercised its option to purchase the five mineral concessions that contain the majority of the Galeno copper-gold-molybdenum deposit in northern Peru, and has acquired the adjacent El Molino concession which contains the Hilorico gold prospect and a portion of the Galeno deposit.

The Company originally optioned the Galeno Concessions in April 2003 and has now made its final option payment of US$1.12 million. The Company has also concluded a buy-out for US$4 million of the existing leasehold agreement, including a Net Profits Royalty of 6%, over the El Molino concession and has settled all litigation concerning that property. The buy-out was funded from a draw-down of a short term credit facility made available, from a related party, to the Company. As well, the Company has reached agreement with a Peruvian owner to acquire a small claim fraction on the margin of the Galeno Concessions which overlies the Galeno Deposit for payment of US$2 million and 175,000 common shares, subject to regulatory approval.

These agreements will result in Northern Peru Copper Corp. holding a 100% ownership interest in all concessions comprising the Galeno and Hilorico mineral occurrences subject only to a 1% NSR royalty on the El Molino concession.

The Company is currently undertaking a full feasibility study on the Galeno deposit that is expected to be completed during the first quarter of 2008. The drill program for the feasibility study's bulk metallurgical test has been completed, while the required pit geotechnical and hydrogeological drilling program is underway. The 20,500 meter infill drill program for further reserve delineation of the Galeno deposit is expected to begin shortly. Exploration at the Hilorico gold prospect is also continuing.

NORTHERN PERU COPPER CORP.

Marshall Koval, CEO & President

[sparplan_b]

mal schaun was da kommt...

Market Regulation Services Inc.: Halt, Northern Peru Copper Corp.

TORONTO, ONTARIO, Apr 26, 2007 (CCNMatthews via COMTEX News Network) --

MARKET REGULATION SERVICES INC. The following issue(s) have been halted by Market Regulation Services Inc. Company Name: Northern Peru Copper Corp. TSX Symbol: NOC Reason: Pending news Halt Time: 15:35 EST

SOURCE: Market Regulation Services Inc.

Market Regulation Services Inc. [phone] [e-mail] www.rs.ca
Copyright (C) 2007 CCNMatthews. All rights reserved.

[sparplan_b]

jedenfalls gehts schnell weiter...

Market Regulation Services Inc.: Resume, Northern Peru Copper Corp.

TORONTO, ONTARIO, Apr 26, 2007 (CCNMatthews via COMTEX News Network) --

MARKET REGULATION SERVICES INC. The following issue(s) will resume trading. Company Name: Northern Peru Copper Corp. TSX Symbol: NOC Resumption Time: 16:30 EST

SOURCE: Market Regulation Services Inc.

Market Regulation Services Inc. [phone] [e-mail] www.rs.ca
Copyright (C) 2007 CCNMatthews. All rights reserved.

[sparplan_b]

Aha

Northern Peru Copper Corp. New Issue
15:49 EDT Thursday, April 26, 2007


VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - April 26, 2007) -

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES.

Northern Peru Copper Corp. (the "Company") (TSX:NOC) has today entered into an agreement with a syndicate of underwriters led by Raymond James Ltd. and including Salman Partners Inc. and Canaccord Capital Corp. (the "Underwriters"), under which the Underwriters have agreed to buy on a private placement basis 2,000,000 common shares from the Company at a price of $8.40 per common share. Closing is expected to occur on or about May 15, 2007.

[sparplan_b]

NORTHERN PERU COPPER CP TSX $10.81 +0.91 +9.19% 450,326 15:59*RT

nicht schlecht...

Dienstag, 1. Mai, 2007

10.81 Kanadischer Dollar = 7.12 Euro

Mittelkurs war 0.65823 / 0.65866 (Geld/Brief)

[sparplan_b]

[sparplan_b]

[Cutter_Slade]

Antwort auf Beitrag Nr.: 27.515.631 von Cutter_Slade am 08.02.07 16:37:48

Naja, jetzt haben wir also

- die 10 CAD übertroffen (vll. war das Ziel auch 10 USD ?, egal)
- mit Michiquillay eine erste Bewertungsvorgabe.

Da ist noch Luft drin...

Gruß Cutter

[sparplan_b]

Antwort auf Beitrag Nr.: 29.088.988 von Cutter_Slade am 02.05.07 08:03:32

Da ist noch Luft drin...

jo...

die 11 hätten wir auch :

NORTHERN PERU COPPER CP TSX $11.22 +0.72 +6.86% 292,423 15:59*RT

Resultat :
am 3 Mai 2007
11.22 CAD =7.44 EUR

[Cutter_Slade]

Antwort auf Beitrag Nr.: 29.122.086 von sparplan_b am 03.05.07 22:17:30

Ach wenn's doch immer so laufen könnte.... (und wenn GLQ den chart zeitversetzt nachholen würde...)

Gruß Cutter

[sparplan_b]

Antwort auf Beitrag Nr.: 29.122.179 von Cutter_Slade am 03.05.07 22:22:23

Ach wenn's doch immer so laufen könnte

Jo

Kurs bei Threaderöffnung.. 6.6.06: 2,60 EUR
heute.................................. 4.5.07: 7,53 EUR

=> +189% in 11 Monaten

wenn GLQ den chart zeitversetzt nachholen würde..

so wird es (hoffentlich ) kommen ...

hatte mal vor längerer Zeit einen eigenen Thread: Global Copper: Kupferplay in Chile und Argentinien mit Ross Beaty am Steuer zu Global Copper aufgemacht...

[Cutter_Slade]

Antwort auf Beitrag Nr.: 29.137.844 von sparplan_b am 04.05.07 18:41:01

hatte mal vor längerer Zeit einen eigenen Thread 1111214 zu Global Copper aufgemacht...

Sehr schön aufbereitet, spitze.

Das kommt davon, wenn man aus Zeitmangel nur in seinen Favoriten rumliest, sich neue anlegt, wenn man irgendwo was Neues aufschnappt, und seine eigentlichen Favoriten "vernachlässigt", weil man da ja ohnehin nichts verpaßt und da außerdem einen ganz anderen Zeithorizont hat... (bei Ni muss man z.Zt. wohl eher nah dran sein und aufpassen, dass man die Spitze nicht verpaßt, bei GLQ wäre ein - erneuter - Kursrückgang ein Willkommensgeschenk...)

Wir sehen / lesen uns sicher in Zukunft dort öfter noch mal.

Gruß Cutter

[sparplan_b]

Antwort auf Beitrag Nr.: 29.138.403 von Cutter_Slade am 04.05.07 18:55:50

Hi Cutter,

das mit dem Zeitmangel kommt mir irgendwie bekannt vor

Würde mich freuen, wenn Du auch "drüben" mal auftauchen würdest, ist zur Zeit noch sehr einsam dort ..

Gruß
sparplan_b

[sparplan_b]

=======================================================================
NORTHERN PERU COPPER -- Quarterly Financial
=======================================================================

Please click on the link below to review or download, latest Quarterly
Financials from Northern Peru Copper Corp.

http://www.northernperu.com/i/pdf/2006-07QR3.pdf


Northern Peru Copper Corp
tel: [phone]
[e-mail]
www.northernperu.com
1550 - 625 Howe Street
Vancouver BC V6C 2T6

=======================================================================
Copyright (c) 2007 NORTHERN PERU COPPER CORP. (NOC) All rights
reserved. For more information visit our website at
http://www.northernperu.com/ or send mailto:[e-mail]
=======================================================================

[sparplan_b]

Ein Jahr nach Threaderöffnung ein kurzes Zwischenfazit:

Kurs 6.6.06: 2,60 EUR
Kurs 7.6.07: 7,30 EUR (Frankfurt, 9:06)
+180 %

...und wir sind noch nicht am Ende der Reise angekommen...

Chart:



Zusammenfassung der Resourcen (klick mich)

189 mio. lb Molybdän als "Beiprodukt"...





Auf der Homepage gibt eine aktuelle Unternehmenspräsentation
(Mai 2007)


Auszug

WHY NORTHERN PERU COPPER?

Major economically viable copper reserve at Galeno.
-Excellent Infrastructure – established mining district.
-Ultra - Low Strip Ratio.
-Significant High Grade Starter Pit – accelerated capital return.
-Significant gold resource at Hilorico.

Exploration Upside
-Galeno deep targets.
-Hilorico gold and base metal targets.
-Listing on AMEX – 2nd quarter 2007.

TIMETABLE
2007 – Bankable Feasibility Study on Galeno (in progress).
Engage strategic advisor (done) to consider all options.
Sell, Partner, Go-Alone.

[sparplan_b]

“Mines are found in the field, not the office.”
(David Lowell)


Hier ein Auszug aus dem aktuellen Explorers' League Dispatch, Vol. III; No. 5 July 25, 2007 von KitcoCasey, LLC.

Geht eigentlich um David Lowell und seine Peru Copper, die jetzt an "die" Chinesen verkauft wurde.
Aber genau das könnte uns ja auch "blühen" und wird auch in dem Artikel erwähnt:

Lowell: Not Slowing Down

David Lowell is known for his physical resiliency and shows no signs of slowing down. Even in his golden years, he has tired out much younger men in his continued treks over rugged landscapes to find the next hidden porphyry, or “sleeper deposit,” as he calls them.

The Toromocho deposit, high in the mountains of Peru, was his most recent sleeper. Disregarded because of concerns over metallurgy, Toromocho was flying under the radar until Lowell and his company Peru Copper (TSX.PCR) took on the project. Now Peru Copper is being acquired by the Chinese base metals giant Chinalco, and Toromocho is the reason why.

The buyout has Lowell’s fingerprints all over it. Having optioned into the Toromocho concession in 2003 when copper prices were under US$1/lb and copper properties were out of fashion, he then conducted an aggressive $8 million drill program in the first year of ownership. In a matter of just a few years, Lowell turned the property into a $840 million dollar buyout, helped of course by the spectacular rise in copper to over US$3/lb. In fact, when shareholders approve the deal at the end of this month, Toromocho will become the largest cash bid ever paid for a copper deposit that has never been in production.


Aggressive Growth Through Drilling

How did Toromocho go from shunned to sought after? The answer is a lesson in how to create wealth through the drill bit…

When we inducted Lowell into the Explorers’ League two years ago, Toromocho’s resource clocked in at a little over 800 million tons of low-grade copper ore. Lowell estimated then that Toromocho could reach 1.8 billion, a lofty goal – or so it seemed. Now, Toromocho has a resource of 1.3 billion tons of proven and probable ore, grading 0.71% copper equivalent, while its inferred size is over 2.2 billion tons – and growing. All told, Peru Copper believes the deposit may contain an estimated 22 billion pounds of copper, 758 million pounds of molybdenum and 444 million ounces of silver.

Toromocho keeps getting larger because of a newly discovered ring of skarn mineralization, which encircles the main breccia pipe at the heart of the porphyry. This skarn is like a copper doughnut, with lead, zinc, silver, and gold sprinkles. Being near-surface, it could also make the best starter pit. So far, drilling has taken place to the north and southeast of the original discovery and both zones have yielded low-grade but economic results in the range of 0.55%-0.68% Zn, 0.38%-O.43% Cu, 9g-13g Ag and 0.07g-1.02 g Au.

Although these results will enlarge the deposit, Lowell is quick to put their significance in perspective, saying: “The word ‘large’ at Toromocho has a little different meaning than at an average ore deposit, because [at Toromocho] everything is so large that a few hundred million tons, percentage-wise, doesn’t affect the reserves too much.”

There’s not even much point in adding to the reserves at this point. When it’s already proven that you can mine 50 million tonnes of ore per year for 20 years, there’s little point in further defining the deposit. It will become a mine and funds are better spent hastening the project along the path to production.

This is especially true at Toromocho where questions about the metallurgy remain. Because part of the mineralization is contained in chalcocite, many explorers stayed away from Toromocho, believing that good recovery rates were unlikely. Lowell believed that more recent advances in heap leaching could deal with the chalcocite. Initial tests have proven him right, with recovery rates coming in at over 60%.

These metallurgical tests were the last step in proving that Toromocho was an economic deposit, and soon afterwards talks with Peru Copper’s Chinese suitor started to heat up.


Anatomy of an Acquisition

The timeline of this acquisition bears a closer look also, as it could become a template for how mineral exploration companies start to plan their endgame. As Lowell puts it: “China is hungry for resources, and probably more aggressive in looking for them than any other country.”

For Peru Copper, the deal with the Chinese unfolded over about 18 months. In early 2006, four executives from China’s base metals major, Chinalco, visited the property. Lowell struck up a correspondence with one of them, a Chinese engineer named Dr. Li.

This connection led Lowell to make a two-day visit to Chinalco’s offices in July 2006. What struck Lowell about the nature of this visit, and about doing business with the Chinese in general, was the personal nature of these meetings. Shortly afterward, Chinalco proposed a joint venture arrangement, which failed to excite Lowell and his colleagues. They were taking the necessary steps to reach production, but as explorers, they hoped to play to their strength and sell the entire project to a company more experienced in mine development.

While many Westerners still harbor an image of Chinese business being bound up in red tape, Lowell found that in practice nothing was farther from the truth. When the negotiations restarted in the spring of 2007, Chinalco sent a single representative to Vancouver to strike a price. “We were impressed that he had been given that much authority,” says Lowell. “It struck us as surprising... All in all it was a pretty decisive, fast-moving deal on the part of Chinalco and we found them nice people to deal with.”

Despite the record size of the all-cash bid, Lowell and Peru Copper have been criticized for selling too low. A study conducted by the firm Independent Mining Consultants in March 2006 calculated Toromocho’s value at C$814-C$922 million, but in the year between then and the signed deal, the resource was significantly expanded.

What’s certain is that the Chinese are willing to pay top dollar for hard assets. Only months before the Toromocho deal, the Zijin Consortium bought another large copper porphyry in Chile called Rio Blanco from Monterrico Metals.

The focus has now shifted to X-Leaguer Ross Beaty’s Northern Peru Copper. His Galeno deposit is the largest copper porphyry left in South America that is owned by an exploration company, and Beaty has made it abundantly clear that Galeno is on the market for the right price. Speculation that such a deal is not far away has driven Northern Peru Copper’s share price to a double in 2007. After Galeno, Beaty’s other exploration vehicle, Global Copper, has been causing a stir with recent drill results at yet another porphyry, the Relincho deposit in Chile. It looks like X-Leaguers, and their exploration companies, could be feeding China’s hunger for these huge copper deposits, one porphyry at a time, for many years to come.

As for Lowell, Toromocho will certainly not be his last project. Mr. Porphyry has no plans to stop kicking rocks, and is determined to find yet another sleeper deposit. He has always maintained his motto, (written on a sign by his oft-deserted desk) that declares, “Mines are found in the field, not the office.”

[sparplan_b]

NEWS

Northern Peru to Drill New Silver-Gold-Zinc Prospect at Galeno

VANCOUVER, BRITISH COLUMBIA, Aug 07, 2007 (MARKET WIRE via COMTEX News Network) --

Northern Peru Copper Corp. (TSX: NOC) is pleased to announce that it has discovered a new silver-gold-zinc-lead prospect on its Galeno property in Peru. The Company is not aware of any previous drilling on the prospect and intends to drill test it during August.

The prospect is located on a regional structure that passes through the Hilorico gold deposit, 1.5 kilometers to the southwest, and the Galeno copper deposit, 3.0 kilometers to the west-southwest. Prospecting of the Company's claims initially identified the area of small-scale historic mine workings and surface mapping, rock chip sampling and ground geophysics followed. Mineralization at surface occurs in sulphide replacement bodies and epithermal veins that are hosted in limestones and minor intrusive dikes.

Seventy nine surface rock chip grab samples have been taken at the prospect over an area of approximately 750 meters in diameter, focussed on the historic mine workings. Highlights of the sampling include a grab sample from a jasperoid outcrop returning 1,210 gram/tonne silver with 3.1 gram/tonne gold and a grab sample from an altered volcanic outcrop assaying 471 gram/tonne silver, 2.1 gram/tonne gold and 6.9% zinc. The samples averaged 66ppm silver, 194ppb gold, 0.33% zinc, including results below the detection limit for these elements. Due to poor exposure any true width of mineralization cannot be determined.

Processed data from an induced polarization survey has identified a strong chargeability anomaly of 21 mrads which is approximately circular in plan view and has a diameter of 150 meters at a depth of 100 meters, widening to 250 meters diameter at a depth of 200 meters. The anomaly is open to the southeast and underlies the area of historic mine workings.

Northern Peru views as highly prospective the prospect's structural setting and the combination of historic workings with high grade silver plus gold and zinc at surface, overlying a strong chargeability anomaly which widens to depth.

In addition to the drilling at the new prospect, the Company also plans to imminently drill test deep porphyry-related base and gold metal targets in the Hilorico area.

Northern Peru reports significant advances on the Galeno Project feasibility study. Most notably the Company has completed a 20,500 meter infill drilling program which will enable the estimation of a NI 43-101 Measured Resource for the proposed starter pit. In addition, a 1,150 meter metallurgical drilling program has been completed and the metallurgical testing program is scheduled for completion in September by SGS Mineral Services of Santiago. Engineering work for pit slope design, pit dewatering, water supply, geotechnical siting, power, concentrate transport and the port facility is in progress. Management plans and baseline studies for the Environmental and Social Impact Analysis are ongoing. Concentrate marketing alternatives are being developed and discussions with smelters and metals traders are advancing well.

Leo Hathaway P.Geo., VP Exploration, is the Qualified Person for the Galeno Project and has reviewed the contents of this news release.

Jeff O'Toole, a geologist with over 25 years of experience is supervising the quality control and quality assurance program on site. The samples are transported to the ALS Chemex facility in Lima for sample preparation and analysis. Northern Peru inserts standards, blanks and duplicates selected on a random basis into the sample stream and sends 5% of the sample pulps to check laboratories in Vancouver.

NORTHERN PERU COPPER CORP.

Marshall Koval, CEO & President

[sparplan_b]

=======================================================================
Re: News Release - Thursday, August 23, 2007
Northern Peru Announces US$5 million Bridge Financing Facility
=======================================================================

News Release: 07-11

Vancouver, British Columbia - Northern Peru Copper Corp. (the
"Company") announces that it has entered into an unsecured bridge
financing facility for up to US$5 million on commercial terms. The
facility is being provided by the Chairman of the Company. The
facility will be in available to the Company for up to 8 months.

Funds from the facility will be used to advance the bankable
feasibility study on the Galeno copper/gold/silver/molybdenum project,
to fund the acquisition of certain surface rights, exploration
programs, and for general working capital purposes.

While the Company is proceeding aggressively with the bankable
feasibility study, the strategic review process initiated in February
with its financial advisor, Genuity Capital Markets, remains ongoing.

NORTHERN PERU COPPER CORP

Signed: "Marshall Koval"

Marshall Koval, CEO & President

[sparplan_b]

Northern Peru Intercepts 40m @ 3.09 Grams/Tonne Gold at Hilorico

VANCOUVER, BRITISH COLUMBIA, Sep 11, 2007 (MARKET WIRE via COMTEX News Network) --

Northern Peru Copper Corp. (TSX: NOC) is pleased to announce that it has drilled the highest grade gold mineralization to date at the Hilorico gold deposit located in the Yanacocha district of northern Peru. Hole HR-07-31 intercepted 40 meters grading 3.09 grams/tonne Au from 178 to 218 meters within a wider intercept of 122.6 meters grading 1.57 grams/tonne gold from 111.4 to 234m in brecciated quartzites with a sulfide matrix. The hole is a step out hole to depth on the southern margin of the deposit and the interval is open in this direction.

Marshall Koval, President & CEO, said: "The grade and thickness of this intercept is significantly higher than that previously encountered at Hilorico and justifies the Company focusing additional exploration on the sulfide part of the Hilorico deposit. A new drill program has been initiated at Hilorico to evaluate the potential extensions of this higher grade intersection."

Hilorico is located in northern Peru approximately one kilometre from the Company's large, feasibility stage Galeno copper-gold-molybdenum-silver project and 16km from Yanacocha, South America's largest gold mine.

To date, the Company has drilled 10,478 meters in 32 holes at Hilorico, including one drilled by a previous operator. The table below shows the new results as well as the results of four other recently drilled holes.


-----------------------------------------------------------------------
-----
Hole No. From To Interval Au Ag Comments
(meters) (meters) (meters) (g/t) (g/t)
----------------------------------------------------------------------------
HR-06-27 134 138 4 0.99 7.7 4.46% Zn
----------------------------------------------------------------------------
HR-06-28 10 120 110 0.62 1.3 Oxide
----------------------------------------------------------------------------
and 268 273 5 0.61 11.3 4.30% Zn
----------------------------------------------------------------------------
HR-06-29 17.8 24.6 6.8 9.99 6.9 Oxide,
includes
26.5 g/t
Au / 2m
----------------------------------------------------------------------------
and 120 129.3 9.3 0.86 1.8 Oxide
----------------------------------------------------------------------------
and 166 220 66 1.62 5.5 Sulphide
----------------------------------------------------------------------------
and 242 260 18 1.17 2.4 Sulphide
----------------------------------------------------------------------------
HR-06-30 30.7 90.3 59.6 2.02 47.0 Oxide,
includes
41.2 g/t
Au / 2m
----------------------------------------------------------------------------
and 242.3 298 55.7 0.31 32.2 Sulphide
----------------------------------------------------------------------------
and 340 344 4 0.35 3.2 6.35% Zn,
1.8% Pb
----------------------------------------------------------------------------
HR-07-31 111.4 234 122.6 1.57 13.6 Sulphide
----------------------------------------------------------------------------
including 178 218 40 3.09 7.9 Sulphide
----------------------------------------------------------------------------
- All sample intervals contain samples no shorter than 0.6 meters and no
longer than 2.40m.
- For intervals noted as being Oxide a 0.3g/t Au cut off grade was used and
for Sulphide intervals a cut off grade of 0.5g/t Au was applied.
Internal dilution does not exceed 37% in any interval and it has been
noted where individual samples returned more than 10g/t Au.
- For intervals where zinc is quoted a 3% zinc cut off was used and there is
no internal dilution.
- Insufficient information is available to calculate true width of
intercepts.

The current NI 43-101 mineral resource estimate completed in January 2007 and based on assay results from 8,656 meters of drilling in 27 diamond drill holes estimated an inferred oxide resource of 19.4 million tonnes grading 0.65 grams per tonne gold and 3.3 grams per tonne silver at a cut off grade of 0.30 grams per tonne gold (407,000 ounces gold; 2.1 million ounces silver). In addition an inferred sulphide resource of 21.3 million tonnes grading 0.93 grams per tonne gold and 4.8 grams per tonne silver was estimated using a cut off grade of 0.50 grams per tonne gold (641,000 ounces gold; 3.3 million ounces silver). The different cut-off grades used for oxide and sulphide gold mineralization reflect the different potential operating costs of processing these ore types.

The resource estimate is classified as an Inferred Mineral Resource, consistent with the CIMM definitions referred to in National Instrument 43-101 (NI 43-101). Robert Sim, P.Geo., from Norwest Corporation and a Qualified Person as defined by NI 43-101, is responsible for the mineral resource estimate.

Marshall Koval, P.Geo, is the Qualified Person as defined by National Instrument 43-101 for the Galeno Project. Jeff O'Toole, a geologist with over 25 years of experience is supervising the quality control and quality assurance program on site. Logging and sampling are completed in Northern Peru's secure facility located at the project. The drill cores are mechanically split on site and samples are transported to the ALS Chemex facility in Lima for sample preparation and analysis. Northern Peru inserts standards, blanks and duplicates selected on a random basis into the sample stream and sends 5% of the sample pulps to check laboratories in Vancouver.

NORTHERN PERU COPPER CORP

Marshall Koval, CEO & President

[sparplan_b]

Nicht schlecht für step-out-holes

Northern Peru drills 82.5 m of 1.04 g/t Au

2007-11-20 15:08 ET - News Release

Mr. Marshall Koval reports

NORTHERN PERU INTERSECTS GOLD AND HIGH GRADE ZINC, LEAD, SILVER MINERALIZATION AT HILORICO ZONE, GALENO PROJECT, PERU

Northern Peru Copper Corp.'s step-out drilling at its Hilorico project in Peru has intersected high-grade zinc-lead-silver mineralization and additional gold mineralization. Intersects include, in hole HR-07-33, 82.5 metres grading 1.04 grams per tonne gold plus 7.8 metres grading 12.7 per cent zinc, 4.2 per cent lead and 252 grams per tonne silver. Hole HR-07-34 intersected 36 metres grading 1.66 grams per tonne gold (complete hole assays not yet received).

Marshall Koval, president and chief executive officer, said: "The emerging high-grade zinc and silver zone at the southern end of Hilorico is very exciting and the gold values in this area are also higher than encountered elsewhere in the deposit, perhaps indicating that our drilling is vectoring toward a higher-grade base and precious metal part of the system. We continue to aggressively explore Hilorico with three drill rigs."

The Hilorico deposit contains epithermal breccia-hosted gold mineralization in quartzites stratigraphically overlying siltstones that are cut by a thrust fault with limestone in the footwall. Zinc, silver and lead replacement-style mineralization is found in the siltstones and limestones associated with the thrust fault.

The reported drill holes are at the southern margin of Hilorico and are step-outs from hole HR-07-31 which intersected 40 metres grading 3.09 grams per tonne gold (previously reported in Stockwatch on Sept. 11, 2007) and 10 metres assaying 7.48 per cent zinc, 1.11 grams per tonne gold, 22.3 grams per tonne silver (recently received). In this area gold occurs in an irregular zone dipping approximately minus 45 degrees to the south. The reported zinc intercepts appear related to the thrust fault. There is insufficient data to calculate true thicknesses of mineralized intercepts at this time.

Holes HR-07-31, 32 and 33 were drilled from the same platform; the first two holes at azimuth/inclinations of 047/minus 72 degrees, 110/minus 70 degrees. HR-07-33 was a vertical hole. HR-07-34 was collared 90 metres to the northwest with an azimuth/inclination of 045/minus 60 degrees and to date only assays from the top 190 m of the 422 m hole have been received.

HILORICO ZONE RESULTS

Hole From To Int Au Ag Zn Pb Zone
(m) (m) (m) (g/t) (g/t) (%) (%)

HR-07-31 111.4 234 122.6 0.99 7.7 0.61 Gold
incl 178 218 40 3.09 7.9 0.11 Gold
and 225.5 320 94.5 0.37 21.0 2.34 0.38 Zinc
incl 228 238 10 1.11 22.3 7.48 0.65 Zinc
HR-07-32 44 48 4 3.01 28.0 Gold
and 238 285.4 47.4 0.24 19.9 1.24 0.44 Zinc
incl 268 272 4 0.34 34.6 2.99 0.99 Zinc
HR-07-33 204 286.5 82.5 1.04 10.9 Gold
incl 226.7 248 21.3 2.09 4.5 Gold
and 324 354 30 0.5 119.3 5.44 1.71 Zinc
incl 344.7 352.5 7.8 0.84 252.0 12.67 4.2 Zinc
HR-07-34 124 160 36 1.66 Gold

Hilorico is located in Northern Peru, approximately one kilometre from the company's large, feasibility stage, Galeno copper-gold-molybdenum-silver project, and 16 kilometres from Yanacocha, South America's largest gold mine. To date, the company has drilled 12,675 metres in 37 holes at Hilorico.

The company is continuing its feasibility study at the Galeno deposit and remains very active in reviewing strategic alternatives with its financial advisers Genuity Capital Markets.

Marshall Koval, PGeo, is the qualified person as defined by National Instrument 43-101 for the Galeno project. Technical information contained in this press release has been reviewed by Leo Hathaway, PGeo, vice-president of exploration, who is the company's qualified person for the purposes of National Instrument 43-101. Jeff O'Toole, a geologist with over 25 years of experience, is supervising the quality control and quality assurance program on site.

We seek Safe Harbor.

[sparplan_b]

Northern Peru increases Galeno resource estimate

2007-11-26 14:02 ET - News Release

Mr. Marshall Koval reports

NORTHERN PERU REPORTS FINAL MINERAL RESOURCE ESTIMATE FOR GALENO FOR FEASIBILITY STUDY

Northern Peru Copper Corp. has received the final, independent mineral resource estimate for its 100-per-cent-owned Galeno copper/gold/silver/molybdenum deposit to be used in the feasibility study currently under way for completion in mid-2008. Tonnages and contained copper, gold, silver and molybdenum have all increased over the previous resource estimate.

The final mineral resource estimate is based upon a total of 67,215 metres in 338 holes and includes the results from the infill drill program comprising 22,105 metres in 197 holes. The primary purpose of the infill program was to upgrade the indicated mineral resources that will be mined in the first four years of the mine's life to measured mineral resources and to convert inferred mineral resources within the pit design to indicated mineral resources.

The highlights of the final resource estimate are as follows:

* 139 million tonnes grading 0.92 per cent copper equivalent (CuEq) at a cut-off of 0.4 per cent CuEq upgraded from indicated to measured mineral resources;
* A 5-per-cent increase in tonnage in the measured and indicated mineral resource categories with a 3-per-cent increase in total contained copper to 8.5 billion pounds of copper at a cut-off of 0.4 per cent CuEq;
* A 27-per-cent increase in tonnage in the inferred mineral resource category with a 32-per-cent increase in total contained copper to 988 million pounds of copper at a cut-off of 0.4 per cent CuEq.

MEASURED MINERAL RESOURCES

Size Grade Contained metal
CuEq (1) Tonnes CuEq Cu Au Ag Mo Cu Au Ag Mo
cut-off (million) (1)(%) (%) (g/t) (g/t) (%) (B lb) (M oz) (M oz) (M lb)

0.2 140 0.92 0.73 0.15 2.8 0.017 2.25 0.69 12.77 52.05
0.4 139 0.92 0.73 0.15 2.8 0.017 2.25 0.69 12.73 51.98
0.6 131 0.95 0.75 0.15 2.9 0.017 2.17 0.65 11.98 50.21

Note: Mineral resources do not have demonstrated economic viability. The
base case cut-off limit is 0.4 per cent CuEq.

(1) Copper equivalent calculated using $1.00 (U.S.) per pound copper,
$400 (U.S.) per pound gold and $6.00 (U.S.) per pound molybdenum, and is
not adjusted for metallurgical recoveries as these remain uncertain.
The formula used is as follows: CuEQ equals Cu per cent plus (Au grams
per tonne times 12.86 divided by 22.05) plus Mo per cent times 132.28
divided by 22.05).

INDICATED MINERAL RESOURCES

Size Grade Contained metal
CuEq (1) Tonnes CuEq Cu Au Ag Mo Cu Au Ag Mo
cut-off (million) (1)(%) (%) (g/t) (g/t) (%) (B lb) (M oz) (M oz) (M lb)

0.2 1,148 0.46 0.35 0.09 2.4 0.011 8.75 3.17 87.10 271.34
0.4 664 0.57 0.43 0.10 2.5 0.013 6.26 2.22 52.91 192.03
0.6 215 0.73 0.55 0.13 2.7 0.016 2.63 0.92 18.96 78.25

Note: Mineral resources do not have demonstrated economic viability. The
base case cut-off limit is 0.4 per cent CuEq.

(1) Copper equivalent calculated using $1.00 (U.S.) per pound copper,
$400 (U.S.) per pound gold and $6.00 (U.S.) per pound molybdenum, and is
not adjusted for metallurgical recoveries as these remain uncertain.
The formula used is as follows: CuEQ equals Cu per cent plus (Au grams
per tonne times 12.86 divided by 22.05) plus Mo per cent times 132.28
divided by 22.05).

MEASURED AND INDICATED MINERAL RESOURCES

Size Grade Contained metal
CuEq(1) Tonnes CuEq Cu Au Ag Mo Cu Au Ag Mo
cut-off (million) (1)(%) (%) (g/t) (g/t) (%) (B lb) (M oz) (M oz) (M lb)

0.2 1,288 0.51 0.39 0.09 2.4 0.011 11.00 3.86 100.19 323.40
0.4 803 0.63 0.48 0.11 2.6 0.014 8.50 2.90 65.84 244.00
0.6 346 0.81 0.63 0.14 2.8 0.017 4.80 1.57 30.91 128.43

Note: Mineral resources do not have demonstrated economic viability. The
base case cut-off limit is 0.4 per cent CuEq.

(1) Copper equivalent calculated using $1.00 (U.S.) per pound copper,
$400 (U.S.) per pound gold and $6.00 (U.S.) per pound molybdenum, and is
not adjusted for metallurgical recoveries as these remain uncertain.
The formula used is as follows: CuEQ equals Cu per cent plus (Au grams
per tonne times 12.86 divided by 22.05) plus Mo per cent times 132.28
divided by 22.05).

INFERRED MINERAL RESOURCES

Size Grade Contained metal
CuEq (1) Tonnes CuEq Cu Au Ag Mo Cu Au Ag Mo
cut-off (million) (1)(%) (%) (g/t) (g/t) (%) (B lb) (M oz) (M oz) (M lb)

0.2 995 0.31 0.24 0.05 1.9 0.006 5.23 1.74 61.39 135.67
0.4 124 0.47 0.36 0.08 2.4 0.010 0.99 0.30 9.65 28.47
0.6 5 0.65 0.49 0.13 3.0 0.014 0.05 0.02 0.49 1.61

Note: Mineral resources do not have demonstrated economic viability. The
base case cut-off limit is 0.4 per cent CuEq.

(1) Copper equivalent calculated using $1.00 (U.S.) per pound copper,
$400 (U.S.) per pound gold and $6.00 (U.S.) per pound molybdenum, and is
not adjusted for metallurgical recoveries as these remain uncertain.
The formula used is as follows: CuEQ equals Cu per cent plus (Au grams
per tonne times 12.86 divided by 22.05) plus Mo per cent times 132.28
divided by 22.05).

Robert Sim, PGeo, from Norwest Corporation, and a qualified person as defined by National Instrument 43-101, is responsible for the mineral resource estimate. Marshall Koval, PGeo, the qualified person as defined by NI 43-101 for the Galeno project, has reviewed and approved the content of this press release.

The Galeno project is located in the Yanacocha mining district of northern Peru, approximately 16 kilometres east of the mining operations at Yanacocha, the largest gold mine in South America. In January, 2007, an independent prefeasibility study was completed on Galeno that showed that the project is economically viable. Using a long-term copper price of $1.35 (U.S.) per pound copper and an 8-per-cent discount rate, the study showed that the project will generate an after-tax net present value of $560-million (U.S.) and an internal rate of return of 18.2 per cent. Over the 20-year mine life, the project will produce approximately 144,000 tonnes per year of copper in concentrate, averaging over 200,000 tonnes per year in the first five years of the mine's life. The company is undertaking the feasibility study on the project, which is currently expected to be completed in mid-2008. At the same time, the company is continuing its aggressive three-drill-rig exploration program at the adjacent Hilorico gold/polymetallic zone.

The company also remains very active in its strategic review process with its financial adviser, Genuity Capital Markets.

We seek Safe Harbor.

[Popeye82]

[sparplan_b]

Das geht ja (leider) schneller als erwartet:

China Minmetals/Jiangxi Copper to Acquire Northern Peru Copper Corp for C$13.75 Per Share in Cash
12/6/2007

VANCOUVER, BRITISH COLUMBIA, Dec 06, 2007 (MARKET WIRE via COMTEX News Network) --
Northern Peru Copper Corp. ("NOC" or the "Company") (TSX: NOC) is pleased to announce that it has signed a definitive agreement (the "Support Agreement") with China Minmetals Nonferrous Metals Co., Ltd ("Minmetals") and Jiangxi Copper Company Ltd. ("Jiangxi"; collectively "the Offerors") under which the Offerors have agreed to make an offer to acquire all of the Company's outstanding shares (the "Offer") for C$13.75 per share in cash.

The Offer:

- values NOC at approximately C$455 million on a fully diluted basis;

- represents a 34% premium to NOC's volume weighted average price for the 20 day trading period prior to December 5, 2007, and the closing price on November 30, 2007 (the date final proposals were received by NOC); and

- represents a 21% premium to NOC's closing price on December 5, 2007.

The transaction is to be effected by way of a takeover bid. Full details of the Offer will be included in a formal offer and take-over bid circular which is expected to be mailed to shareholders in late December, 2007. The transaction is expected to close in early 2008. The take-over bid circular will be accompanied by the Company's directors' circular, which will provide shareholders of the Company with, among other things, the rationale for the unanimous recommendation of NOC's Board of Directors that shareholders accept the Offer. The Offer is subject to a number of conditions including: absence of material adverse changes, a minimum tender condition of 66 2/3% having been met, and receipt of regulatory approvals (including Chinese government approvals).

The Board of Directors of NOC has unanimously determined that the Offer is fair to NOC's shareholders and is in the best interests of the Company and its shareholders. The Board recommends that shareholders tender to the Offer. A special committee of NOC's Board of Directors has received an opinion from its financial advisor, Genuity Capital Markets, that the offer is fair, from a financial point of view, to the shareholders of NOC. All officers, directors and certain major shareholders of NOC, representing 42% of the shares outstanding on a fully diluted basis, have entered into lock-up agreements with the Offerors under which they have agreed to tender their shares to the offer and that they will not support any rival offer unless it represents a superior bid as determined by the Board of Directors. In the event that the transaction is not completed under certain circumstances, NOC has agreed to pay the Offerors a termination fee of approximately 3.5% of the transaction value.

Ross Beaty, Chairman of NOC said, "During 2007, Northern Peru has worked with its advisors to seek a major mining company to acquire and develop the Galeno copper/gold/molybdenum project into a large producing mine that will provide substantial benefits to the Peruvian economy. During that time 27 companies signed confidentiality agreements to review the technical information on Galeno. Of those companies, 18 visited Galeno and completed comprehensive technical due diligence. Minmetals and Jiangxi presented us with the best offer to acquire NOC and we are happy to accept their offer. Both are large companies with extensive experience in the copper sector, and are fully capable of developing Galeno into one of the world's premier copper mining operations. I support their offer to acquire our company and encourage all shareholders to do so as well."

Minmetals and Jiangxi are committed to the efficient development of the Galeno Project. "The joint venture expects to continue with the first class work that has been conducted to date by the dedicated staff of Northern Peru Copper's Peruvian subsidiary Lumina SAC," said Mr. Huang Guoping, Vice President of Minmetals. Mr. Zha Kebing, Deputy Chief Engineer & Senior Engineer of Jiangxi added that "both companies are excited about this opportunity and hope to construct a world class mine."

Genuity Capital Markets is acting as sole financial advisor and Borden Ladner Gervais LLP is acting as legal counsel to NOC.

BMO Capital Markets is acting as sole financial advisor and Davies Ward Phillips & Vineberg LLP is acting as legal counsel to the Offerors.

About Minmetals

Minmetals is one of the major subsidiaries of China Minmetals Corporation ("China Minmetals"). China Minmetals, a state-owned corporation existing under the laws of the People's Republic of China, is a diversified metals and mining company based in Beijing, China. China Minmetals is engaged in the production and trading of metals and minerals, including copper, aluminium, tungsten, tin, antimony, lead, zinc, iron and steel-related commodities. China Minmetals also engages in activities related to real estate development, finance, shipping and tendering. In 2006, China Minmetals had operations in 44 countries and revenue of approximately US$18.9 billion.

About Jiangxi

Jiangxi, a public corporation existing under the laws of the People's Republic of China, is an integrated producer of copper in China, with operations in mining, milling, smelting and processing. Jiangxi also maintains exposure to sulphur, gold, silver, platinum, palladium, selenium, tellurium, rhenium and molybdenum. Jiangxi is listed on the London, Hong Kong and Shanghai stock exchanges.

About NOC

NOC is a Vancouver and Lima based copper exploration company that controls the Galeno copper/gold/molybdenum project, the adjacent Hilorico gold deposit and the Pashpap copper/molybdenum deposit. NOC's shares trade on the Toronto Stock Exchange. The Company has 31,078,893 shares issued and outstanding and 33,111,893 shares issued on a fully diluted basis.

The Galeno Project

The Galeno project is located in the Yanacocha mining district of northern Peru, approximately 16 kilometers east of the mining operations at Yanacocha, the largest gold mine in South America. In January 2007, an independent, NI 43-101 compliant prefeasibility study (the "PFS") was completed on Galeno. Using a long term copper price of US$1.35 per pound and an 8% discount rate, the PFS showed that the project will generate an after tax net present value of US$560 million and an internal rate of return of 18.2%. Over the twenty year mine life, the project will produce approximately 144,000 tonnes per year of copper in concentrate, averaging over 200,000 tonnes per year in the first five years of the mine's life. The Company is currently undertaking the feasibility study on the project which is expected to be completed in mid 2008. At the same time, the Company is continuing a three drill rig exploration program at the adjacent Hilorico gold / polymetallic zone.

The PFS indicates the Galeno mine will generate approximately 657 permanent jobs during its operating life and 3,600 jobs during the 2.5 year construction period. The PFS indicates that the mine will generate, over its 20 year mine life, $1.4 billion in taxes, government royalties and employee profit sharing payments, as well as substantial economic benefits and stimulus to its local communities, its region and elsewhere throughout Peru.

NORTHERN PERU COPPER CORP

Marshall Koval, CEO & President

CAUTION REGARDING FORWARD LOOKING STATEMENTS: This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts that address future production or resource potential, exploration drilling, exploitation activities and events or developments that Northern Peru expects to occur, are forward-looking statements. Although the company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward looking statements include fluctuations in commodity prices, exploration successes, and continued availability of capital and financing and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise. The United States Securities and Exchange Commission permits U.S. mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We use certain terms on this (website or press release or relevant disclosure document), such as "measured resources", "indicated resources", and "inferred resources", that the SEC guidelines strictly prohibit U.S. registered companies from including in their filings with the SEC. U.S. Investors are urged to consider closely the disclosure in our Form File No. 40F, which may be secured from us, or from the SEC's website at http://www.sec.gov/edgar.shtml.

[sparplan_b]

Antwort auf Beitrag Nr.: 32.683.827 von sparplan_b am 06.12.07 14:42:44

Aber mit einem Plus von 250% in genau 1,5 Jahren läßt es sich ganz gut leben.

Jetzt bleibt nur noch Global Copper Thread: Global Copper: Kupferplay in Chile und Argentinien mit Ross Beaty am Steuer aus der Lumina Copper Corp

[Neono]

Antwort auf Beitrag Nr.: 32.683.902 von sparplan_b am 06.12.07 14:48:01

Glückwunsch

Das wird dem ganzen Sektor gut tun und peruanische Stocks in anderem Licht erscheinen lassen!

Neono

[sparplan_b]

Antwort auf Beitrag Nr.: 32.683.995 von Neono am 06.12.07 14:54:22

Danke

Peru scheint ein gutes Pflaster zu sein .

Wer weis, was noch so kommt, nachdem erst Peru Copper und jetzt Northern Peru durch chinesische Firmen übernommen wurden...

[sparplan_b]

NP says higher bids for Northern Peru possible

2007-12-10 09:15 ET - In the News

The National Post reports in its Saturday, Dec. 8, edition that analysts say it is possible Northern Peru Copper will see a higher competing bid. The Post's Jonathan Ratner writes in the Trading Desk column Raymond James analyst Tom Meyer says higher bids are possible despite Northern Peru agreeing to a $13.75 per share cash offer from state-owned China Minmetals Nonferrous Metals and Jiangxi Copper. The deal, announced on Thursday, values Northern Peru at about $455-million. Mr. Meyer says there is a "small, but reasonable chance for a higher offer." Canaccord Adams analyst Wendell Zerb says the offer price equates to 3.5 U.S. cents per pound of copper equivalent. That is in the range of recent takeover offers in the industry. Mr. Zerb notes that all officers, directors and some major shareholders of Northern Peru, representing 42 per cent of its outstanding shares, have entered into lock-up agreements. However, this is conditional on no higher competing bids emerging. Mr. Zerb points to Anglo American PLC. It has an option on the Michiquillay copper project nearby, as a potential competing bidder. Mr. Zerb pegs the chances of a rival offer at 20 per cent to 25 per cent.

[sparplan_b]

Northern Peru shareholder acquires 110,000 shares

2008-01-15 16:46 ET - News Release

Mr. John Pennells reports

FUNDS MANAGED BY PENDRAGON CAPITAL LLP ACQUIRE SECURITIES OF NORTHERN PERU COPPER CORP.

Northern Peru Copper Corp. has, on Jan. 10, 2008, sold 110,000 common shares in the capital of the company to Pendragon Capital LLP managed funds through the facilities of the Toronto Stock Exchange. As a result of this transaction, funds managed by Pendragon held a total of 1,565,200 common shares in the capital of Northern Peru representing approximately 5.04 per cent of Northern Peru's issued and outstanding shares. Following subsequent transactions, currently Pendragon holds 1,833,300 common shares in the capital of Northern Peru representing approximately 5.9 per cent of Northern Peru's issued and outstanding shares.

Pendragon exercises control over the Northern Peru securities in its capacity as investment manager of a number of funds, including the Pendragon (Master) Fund Ltd., the Pendragon (Convertibles) Fund Ltd., and the CASAM Pendragon Event Value Fund Ltd. The funds managed by Pendragon acquired the Northern Peru securities for investment purposes only, and may acquire additional securities of Northern Peru in the future.

[sparplan_b]

Northern Peru Copper takeover offer from Copper Bridge

2008-01-17 20:01 ET - Takeover Bid

TSX bulletin 2008-0075

China Minmetals Non-Ferrous Metals Co., Ltd. and Jiangxi Copper Co. Ltd. through Copper Bridge Acquisition Corp. has made an offer dated Dec. 20, 2007, to purchase all of the issued and outstanding common shares of Northern Peru Copper Corp. at a price of $13.75 cash per share. The offer for the shares will expire at 9 p.m. (Toronto time) on Jan. 25, 2008, unless withdrawn or extended.

The offeror reserves the right to withdraw the offer and not take up and pay for any shares deposited under the offer unless each of the conditions set out in the offer are satisfied or waived by the offeror, including the condition that there shall have been validly deposited under the offer and not withdrawn not less than 66-2/3 per cent of the shares outstanding calculated on a fully diluted basis. Reference should be made to Section 4 of the offer for full details of the conditions of the offer.

Shareholders wishing to accept the offer must deposit their share certificate(s) together with a duly completed and executed letter of transmittal to Kingsdale Shareholder Services Inc. at its office in Toronto so as to be received prior to the expiry time. Alternatively, shareholders whose shares are registered in the name of CDS Clearing and Depositary Services Inc. may accept the offer by following the procedures for book-entry transfer of shares set forth in Section 3 of the offer. Shareholders whose certificates representing their shares that will not be available for delivery prior to the expiry time may accept the offer by following the instructions for guaranteed delivery contained in the offer.

The offering circular discloses that BMO Capital Markets has been retained by the investors to act as financial adviser with respect to the offer. BMO has the right to form a soliciting dealer group comprising members of the Investment Dealers Association of Canada and participating organizations of Canadian stock exchanges to solicit acceptances of the offer from persons resident in Canada. The offeror may make use of the services of a soliciting dealer and, in this case, may pay such soliciting dealer a fee customary for such transaction for each share deposited and taken up by the offeror under the offer. The offeror may require the soliciting dealers to furnish evidence of the beneficial ownership satisfactory to the offeror at the time of deposit. No fee or commission will be payable by any shareholder who transmits such shareholder's shares directly to the depositary or who makes use of the services of a soliciting dealer, if any, to accept the offer.

The offeror has also retained the depositary to act as information agent to provide a resource for information for shareholders in connection with the offer.

Trading and settlement rules

The trading and settlement rules described below will apply.

Purchasers may tender the shares purchased providing that such purchases are executed on or before Jan. 25, 2008, and providing that, when applicable, the notice of guaranteed delivery is completed and filed with the depositary on or before the expiry time.

Sellers of the shares must be in a position to deliver such shares in time for the purchaser either to tender the shares on or before the expiry time or to meet the third-day delivery deadline on any notice that may have been filed by the purchaser.

Notice of guaranteed delivery settlement procedure

The notice must be completed and received by the depositary on or prior to the expiry time and the letter of transmittal along with the shares pertaining to the notice must be received in Toronto on or prior to 5 p.m. (Toronto time) on the third Toronto Stock Exchange trading day after the expiry time.

Trading and settlement rules:

1. All trades on Jan. 24, 2008, will be for regular settlement;
2. All trades on Jan. 25, 2008, will be for special two-day settlement on Jan. 29, 2008. These trades will be entered into the CDS Clearing and Depository Services Inc. system with a settlement date of Jan. 29, 2008.

Investors should contact their broker for information or advice on their investment.

[sparplan_b]

Northern Peru holders tender 96% of shares to offer

2008-01-28 05:43 ET - News Release

An anonymous director of China Minmetals reports

CHINA MINMETALS AND JIANGXI COPPER ACQUIRE APPROXIMATELY 96% OF NORTHERN PERU COPPER

China Minmetals Non-Ferrous Metals Co. Ltd. and Jiangxi Copper Company Ltd. (together, the investors) have received 31,761,682 common shares of Northern Peru Copper Corp. (NOC) under its offer made through Copper Bridge Acquisition Corp., a corporation jointly owned by the investors, to acquire all of the common shares of Northern Peru. All conditions of the offer have been satisfied. The offeror has taken up and accepted for payment all common shares validly deposited under the offer, which represent approximately 96 per cent of the common shares on a fully diluted basis. Payment will be made to NOC shareholders that have deposited their common shares under the offer on or before Jan. 30, 2008.

The offeror intends to acquire all common shares not deposited under the offer pursuant to the compulsory acquisition provisions of the Business Corporations Act (British Columbia). The offeror expects to mail a formal notice of compulsory acquisition on or about Jan. 28, 2008.

Following the take-up by the offeror of approximately 96 per cent of the common shares, all of the directors and officers of NOC resigned and were succeeded by nominees of the investors.

NOC shareholders with questions or requests for a copy of the early warning report filed by the offeror in connection herewith should contact Kingsdale Shareholder Services Inc.

About China Minmetals

China Minmetals, a state-controlled corporation existing under the laws of the People's Republic of China, is a diversified metals and mining company based in Beijing, China. China Minmetals is engaged in the production and trading of metals and minerals, including copper, aluminum, tungsten, tin, antimony, lead, zinc and nickel. In 2006, China Minmetals had revenue of approximately $4.84-billion (U.S.). China Minmetals is located at 5 Sanlihe Rd., Haidian district, Beijing, China, 100044.

About Jiangxi Copper

Jiangxi Copper, a state-controlled public corporation existing under the laws of the People's Republic of China, is an integrated producer of copper in China, with operations in mining, milling, smelting and processing. Jiangxi Copper also maintains exposure to sulphur, gold, silver, platinum, palladium, selenium, tellurium, rhenium and molybdenum. Jiangxi Copper is listed on the London, Hong Kong and Shanghai stock exchanges. In 2006, Jiangxi Copper had revenue of approximately $3.45-billion (U.S.). Jiangxi Copper is located at 15 Yejin Ave., Guixi, Jiangxi, China, 335424.

About Copper Bridge

Copper Bridge, a corporation owned 60 per cent by China Minmetals and 40 per cent by Jiangxi Copper, was incorporated under the laws of the province of British Columbia on Dec. 10, 2007, for the purpose of making the offer for NOC. Copper Bridge is located at 700 West Georgia St., 25th floor, Vancouver, B.C., V7Y 1B3.

We seek Safe Harbor.

[sparplan_b]

Northern Peru to be removed from S&P/TSX indices

2008-01-28 17:30 ET - Miscellaneous

Standard & Poor's Canadian index operations have made the following index changes.

The shareholders of Northern Peru Copper Corp. have accepted the $13.75-per-share cash offer from China Minmetals and Jiangxi Copper Company Ltd. Northern Peru Copper will be removed from the S&P/TSX SmallCap and Equity SmallCap indices after the close of trading on Monday, Feb. 4, 2008.

Company additions to and deletions from an S&P equity index do not in any way reflect an opinion on the investment merits of the company

[sparplan_b]

Das war es dann mit Northern Peru Copper an der Börse ...

...aber es gibt ja noch Global Copper (siehe Thread: Global Copper: Kupferplay in Chile und Argentinien mit Ross Beaty am Steuer) aus dem gleichen Stall ...

Northern Peru acquired by Copper Bridge Acquisition


Northern Peru Copper Corp (C:NOC)
Shares Issued 33,111,893
Last Close 3/27/2008 $13.68
Friday March 28 2008 - News Release

An anonymous director of China Minmetals reports

CHINA MINMETALS AND JIANGXI COPPER ACQUIRE 100% OF NORTHERN PERU COPPER

China Minmetals Non-Ferrous Metals Co. Ltd. and Jiangxi Copper Company Ltd.'s Copper Bridge Acquisition Corp., on March 28, 2008, acquired all of the remaining outstanding common shares of Northern Peru Copper Corp. (NOC) pursuant to the compulsory acquisition provisions of the Business Corporations Act (British Columbia). The offeror now owns 100 per cent of the common shares.

Each shareholder of NOC whose common shares were deemed to have been acquired under the compulsory acquisition will receive $13.75 in cash for each common share once the shareholder delivers the certificate(s) representing those common shares, together with a transmittal, to Pacific Corporate Trust Company, in accordance with the instructions in the transmittal.

Following the completion of the compulsory acquisition, the Toronto Stock Exchange halted trading in and delisted the common shares as of the close of the market on March 28, 2008.

NOC intends to file with the applicable Canadian securities regulatory authorities the necessary documentation to cease to be a reporting issuer in all of the jurisdictions in which it is currently a reporting issuer.

NOC also intends to file a Form 15F with the U.S. Securities and Exchange Commission to voluntarily terminate its reporting obligations under the U.S. Securities Exchange Act of 1934, as amended. Upon the filing of Form 15F, NOC's Section 12(g) and Section 15(d) reporting obligations under the U.S. Securities Exchange Act of 1934 will be suspended immediately. These reporting obligations will be finally terminated after a 90-day waiting period provided that the SEC does not raise objections.

© 2008 Canjex Publishing Ltd.

[Popeye82]

mal an die Kuperaner hier, kennt sich jemand
näher mit

-Marengo Mining
-Monterrico Metals Plc
-und Pacmag Metals

aus??

allen ist gemein, daß sie riesen Resourcen(versch. Kategorien) besitzen +meist eine -vergleichsweise- sehr sehr geringe Bewertung.

nochmal kurz anbei die Websites, wenn die keiner näher
kennt/eine Meinung zu hat, dann werde ich es nochmal
mit je einem kurzem Abriss/Überblick versuchen.


Pacific Magnesium
http://pacmag.com.au/
(über 10Mrd. Pfund Cuequiv. bei um die 15Mio E)

Montericco Metals
www.monterrico.co.uk
(über 1,2Mrd. t Kuper +Molybden)

Marengo Mining
www.marengomining.com
(wird auch Potenzial für >1Mrd. t gesehen,
sollte wohl auch darauf hinauslaufen)

Also mind. 1, 2 sehr sehr sexy Sachen sollten da dabei
sein, würde ich denken.