Des Producers erste Früchte: Es wurde das erste Gold verkauft! - 500 Beiträge pro Seite

[derPatriot1]

Hallo zusammen!
Hiermit eröffne ich nach dem Split "1 new common share for each existing 20 common shares" diesen Thread mit dem Q1-Bericht:


St Andrew Announces First Quarter 2006 Operating and Financial Results

St Andrew Goldfields ("St Andrew" or the "Company", (TSX:SAS) is pleased to report the First Quarter 2006 Operating and Financial Results and to update its Development and Exploration Activities for the Three Month Period Ended March 31, 2006 (Q1/2006).

Result of Operations

St Andrew commenced gold production from the Stock Gold Complex near Timmins at the beginning of January, 2006.

Gold production from the Clavos Mine is being steadily increased as additional working faces are made available, working levels are developed and the mine crews increase their understanding of the nature and configuration of the Clavos ore shoots. The majority of the mining activity during the quarter was focused on underground development and the building up of the level of stoping operations.

A total of 22,517 tonnes of ore were milled during the quarter and 6,006 ounces of gold were sold. Gold production is expected to increase throughout the year towards the forecast 2006 annual production of 40,000 from the Clavos Mine.

Stock Gold Complex

Clavos Mine

The Clavos mine delivered 22,517 tonnes to the Stock Gold mill during the quarter. The grade of ore mined from the stoping areas was 5.9 grams per tonne (g/t). 35% of the mill feed was "development muck" blended with the mined ore leading to a lower grade milled ore of 5.0 g/t. The implementation of a suitable stoping method of either long hole stoping or shrinkage stoping or a combination of both was tested during the quarter depending on the nature and configuration of the Clavos ore body. The availability of suitably experienced mining personnel also has an influence on the type of mining method implemented.

Operating Statistics


Three Months Ended

March 31, 2006

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Tonnes Mined 27,255

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Mined grade (g/t) 5.9

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Mined volume (ounces) 5,297

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Tonnes milled 22,517

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Grade processed (g/t) 5.0

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Recovery (%) 85.3

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Sales Volume (ounces) 6,006

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Production Volume (ounces) 4,267

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Ramp development meters 374

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Sill and access development meters 648

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Underground Diamond drilling (meters) 4714

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The Clavos Mine operating plan for the 2nd Quarter 2006 will focus on the continued development of new stopes and working faces, the development of the Main Decline Ramp and internal ramps to access additional stoping areas and increased tonnes milled at the Stock Gold Mill. Testing of the most suitable mining method to achieve a balance between dilution and production volumes in relation to the nature and configuration of the Clavos ore body will continue. It is expected that the grade of the processed ore will still be affected by the greater volume of "development muck" that is generated during the period of production build up.

St Andrew continues to pursue an aggressive underground drilling program at the Clavos Mine. At any one time there are 2 diamond drills delineating the ore shoots ahead of development and exploring for new areas of mineralization both at depth and along strike.

Taylor Mine Advanced Exploration Project

At the Taylor Mine Advanced Exploration Project work continued on the construction of the surface infrastructure and the excavation of the box cut to access the starting position in "competent ground" for the Taylor Decline Ramp. It is forecast that development of the Taylor Decline Ramp will commence in the third quarter of 2006, subject to posting of the reclamation surety bond.

Nixon Fork Gold Mine, Alaska

During the Quarter the Company received the State and Federal permits necessary to recommence mining activities at the Nixon Fork Gold Mine. Modifications will take place on the existing mill to allow for treatment of both new ore and existing tailings from the previous operations by an enhanced gravity, flotation and cyanide leach process. In addition mine development activities are expected to begin in early summer. Mine and mill production is expected to begin in late summer at a rate of approximately 150 tonnes per day. Gold production of approximately 20,000 ounces is planned for 2006. When in full production, the mine is expected to employ approximately 50 individuals and produce approximately 45,000 ounces of gold per year.

A resource estimate by Roscoe Postle Associates, Inc. of Toronto and Vancouver, Canada in April, 2005 estimated the Measured and Indicated Resource at Nixon Fork at 91,400 tonnes grading 1.1 ounce per tonne or containing 100,300 ounces of gold. An additional 151,000 tonnes grading 0.4 ounce per tonne or 61,400 ounces of gold were classified as an Inferred Resource. This inferred resource includes approximately 116,000 tonnes of tailings from previous operations grading 0.26 ounces per tonne which the company expects to reprocess in the summer of 2007 and 2008 using the cyanide leach process being installed.

Exploration

East Timmins

At the East Timmins exploration program a total of 4,988 meters of diamond drilling was carried out to test exploration drill targets that had been developed in conjunction with Geoinformatics Exploration Inc. None of the targets produced any gold mineralization of note. It is planned to drill test further targets in the next quarter.

Nixon Fork Gold Mine

At Nixon Fork Gold Mine exploration drilling tested the Warrior Targets by drilling nine (9) holes totaling approximately 775 metres. Assay results are pending.

Financial Highlights


Three Months Ended

March 31, 2006

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Revenue ($ millions) $ 3.8

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Net Earnings (loss) ($ millions) $ (3.3)

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Earnings (loss) per share ($) $ .005

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Cash from (used in) Operations ($ millions) $ (4.3)

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Cash from (used in) operations per share ($) $0.007

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Average realized Gold Price (US$ /ounce) $ 555

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Total Cash Operating costs (US$/ounce) $ 710

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Working capital (deficiency) ($ millions) $ (8.5)

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St Andrew\'s net loss for the three months ended March 31, 2006 totaled $3,322,495 (2005 - $2,048,937) being a loss of $0.005 per share (2005 - $0.005 per share). Included in this loss is a future income tax recovery amount of $3,687,278 (2005 - $5,038,502), which was recorded and charged to share issue costs. The amount represents the tax benefit related to the renunciation of tax deductions to flow-through shares of $10,806,794 issued during 2005 for St Andrew.

Revenue for the first quarter of 2006 was $3,843,994 generated from gold sales from the Stock Gold Complex. Sales volume for the period was 6,006 ounces. The average gold price realized for the period was CDN$641.

For the quarter ending March 31, 2006, total mine and milling operating costs were $7,621,091. There are no comparable costs because this is the first quarter of gold production. The mine and milling costs include both development and operation costs for the quarter. It is the policy of St Andrew to write off as incurred, all development and exploration expenditures.

St Andrew (TSX.SAS) is a gold mining and exploration company with gold production from its Stock Gold Complex, Timmins, Ontario and planned in the second half of 2006 from its Nixon Fork Gold Mine, Alaska. The company controls a large land position in the Timmins Mining Camp and holds an extensive land position at Eskay Creek in northern British Columbia.

[derPatriot1]

Weitere Infos findet ihr im alten Thread unter:

WKN:870956
Symbol:GDJ
ISIN:CA7871884085

[derPatriot1]

Sorry, weiss nicht warum jetzt dieser Thread unter dem in Amerika geführten Kürzel läuft, hoffe aber, dass die MOD´s es noch korrigieren, da ich es unter dem neunen Symbol:GDJA (Berlin) eingestellt habe.

[derPatriot1]

Antwort auf Beitrag Nr.: 22.420.131 von derPatriot1 am 05.07.06 15:16:28

Schon passiert!

Danke an den MOD, mal wieder super schnell!

[derPatriot1]

[MONSIEURCB]

Antwort auf Beitrag Nr.: 22.420.274 von derPatriot1 am 05.07.06 15:22:56

Bei meiner Volksbank hier sind im Depot die Andrews immer noch gesperrt und der Splot ist noch nicht vollzogen - wie sieht's bei euch aus?

[derPatriot1]

Antwort auf Beitrag Nr.: 22.420.642 von MONSIEURCB am 05.07.06 15:45:32

Mir sagte meine Bank, dass es noch eine Woche dauern kann bis die neuen Aktien eingebucht werden! Kommt schon!

[derPatriot1]

So wie es scheint, überarbeitet SAS seine HP?!

Hier der Eingangstext auf der HP gibt etwas Übersicht:

:: ST ANDREW GOLDFIELDS:

St Andrew Goldfield Ltd is a Toronto Stock Exchange listed gold mining and exploration company, producing gold from its Stock Gold Complex in Timmins, Ontario. Gold production from its Nixon Fork Property in Alaska is scheduled to commence in the third quarter of 2006.

St Andrew Goldfields is focused on exploration and development in major gold mining regions in stable political environments throughout the world.

In North America, these regions are the Timmins Mining Camp in Ontario , in which the Company owns a large land position, the Eskay Creek mining camp in British Columbia , in which the Company owns an extensive position, and the Kuskokwin-Tintina mining belt in Alaska .

In New Zealand, these regions are the Coromandel/Central Volcanic Region (North Island) and the Otago Region (South Island), which are being explored by Glass Earth Limited, a New Zealand-based gold exploration company in which the Company holds an approximate 34% common share interest.

This site is currently under construction please check back soon for the new web site.

If you require further information about St Andrew Goldfields please contact [e-mail] or 905-815-9855.

[derPatriot1]

ST. ANDREW GOLDFIELDS




St Andrew Acquiring Additional 14% Interest In New Zealand Based Explorer Glass Earth Limited
7/6/2006

OAKVILLE, ONTARIO, Jul 06, 2006 (MARKET WIRE via COMTEX News Network) --

St Andrew Goldfields Ltd. (TSX: SAS) ("St Andrew") wishes to announce that it has signed a Sale and Purchase Agreement pursuant to which it will increase its interest in Glass Earth Limited (TSX VENTURE: GEL) by a further 14% to approximately 48.3%, through the acquisition of 12,665,000 common shares of Glass Earth from Patagonia Gold plc (AIM: PGD).

Pursuant to the Sale and Purchase Agreement with Patagonia Gold plc, St Andrew will acquire 12,665,000 common shares and 6,332,500 share purchase warrants with a strike price of $0.25 for a period of 24 months from the date of grant, for total cash consideration of $1,899,750. It is anticipated that this transaction will close on or about July 31, 2006.

This additional 14% interest will increase St Andrew's strategic investment in Glass Earth Limited to approximately 48.3% of the outstanding common shares of Glass Earth Limited and is part of St Andrew's strategy of obtaining a presence in one of the world's more prospective gold mining and gold exploration regions described below.

St Andrew is acquiring the securities for investment purposes and depending on market conditions and other factors may increase or decrease its holdings in Glass Earth Limited in the future.

Glass Earth Company Profile

Glass Earth is one of the largest New Zealand based gold exploration companies exploring a land position of over 33,175 square kilometres in the North and South Islands.

North Island

In the North Island exploration efforts are focussed on the Coromandel/Central Volcanic Region. The Coromandel/Central Volcanic Region is host to the 10 million ounce Waihi / Martha Hill Mine, owned by Newmont Mining, which is considered the "type" epithermal gold deposit and the kind of large epithermal gold deposit targeted by Glass Earth:

- Glass Earth has defined and delineated a total of 21 priority individual target areas that could potentially host large deposits of Martha Mine "look-a-like" epithermal gold mineralization. These target areas have been covered by exploration permits. Drill ready targets have been generated in these areas and drilling has commenced;

- Glass Earth has entered into a Joint Venture Agreement with Newmont Waihi Mining for Newmont to fund the exploration of one of these targets in the Waihi West area adjacent to Newmont's Waihi / Martha Mine Operation; and

- Glass Earth intends to explore the Hauraki Region Exploration and Prospecting Permits that were acquired as part of the HPD New Zealand transaction.

South Island

In the South Island exploration efforts are focussed on the Otago Region for mesothermal "Macraes-style" gold targets.

St Andrew (TSX: SAS) is a gold mining and exploration company with gold production operations at its Stock Gold Complex, Timmins, Ontario and Nixon Fork Gold Mine, Alaska. The company controls a large land position in the Timmins Mining Camp, an extensive land position at Eskay Creek in northern British Columbia and land positions around Nixon Fork in the Kuskokwim - Tintina Mining Camp in Alaska. The Company also holds an interest in the New Zealand based gold explorer Glass Earth Limited.

For further information about St Andrew Goldfields Ltd., please visit St Andrew's website at www.standrewgoldfields.com or contact Investor Relations toll-free at 1-800-463-5139 or email [e-mail].

[derPatriot1]

Antwort auf Beitrag Nr.: 22.419.928 von derPatriot1 am 05.07.06 15:05:51

Der alte Thread wurde unter der neuen WKN von MadMod [Mod] abgelegt, sodass ein suchen nicht mehr nötig ist!

[derPatriot1]

Noch ein schönes WochenEnde!

[markh8]

Wie sieht die zukünftige Entwicklung von SAS aus?