El Condor Pasa - günstiger Explorer (Seite 268)
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Antwort auf Beitrag Nr.: 32.335.793 von Bear83 am 08.11.07 09:14:21Sieht doch nett aus
Der Makler in FFM hat offensichtlich keine Stücke - bei dem Spread: 0,082/ 0,095 
RNS Number:2504H Condor Resources PLC 08 November 2007
8th November, 2007
Condor Resources plc
(''Condor'' or ''the Company'')
Significant Maiden Drilling Results at the El Cacao Project, Nicaragua
Highlights
Condor Resources Plc (AIM: CNR) is pleased to announce that the first phase of drilling at the El Cacao Prospect in Nicaragua has now been completed and all assay results have been received.
Best results include:
* CCRD002 14.05 metres at 6.05g/t gold from 87 metres
* CCRD004 5.55 metres at 6.10g/t gold from 123.35 metres
* CCRC006 13.83 metres at 2.25g/t from 93.12 metres
* CCRD006 2.60 metres at 88.72g/t gold from 132.90 metres
At least two mineralised zones identified containing high grade shoots over a strike length of 330 metres. The mineralised structure is open along strike to the West and at depth.
CEO, Nigel Ferguson, stated "The results from the initial drilling phase at the 100% owned El Cacao Project, have again confirmed that better grades and widths usually occur at depth below sometimes meagre surface results in epithermal systems. The Company will advance the Cacao Project with further testing along strike through mapping and trenching, and at depth through a further program of drilling expected to commence in December. The Company is confident that further significant mineralisation will be encountered and a resource proved up at the El Cacao Project."
El Cacao Project
After completion of the planned drilling program, assay results indicate excellent width and grade within the mineralised structure and continuity of up to 120 metres true depth. Nine reverse circulation and combination reverse circulation-diamond core drill holes were completed for a total of 733 metres of reverse circulation and 223.45 metres of diamond core.
The drilling results show that the mineralised structure consists of at least two zones or shoots with a total defined strike length of 330 metres. The Western Zone remains open to the west. Mineralised structures of up to 14 metres width at grades of 6.05g/t gold are reported from drilling. A high grade mineralised quartz vein assaying at 0.95 metres at 99g/t gold (CCRD006 134.95 metres to 135.50 metres included in a high grade zone reported in the table below. Minimum mineable widths have been taken into account to report the 2.6 metres at 88.6g/t gold). These results complement trench intercepts of up to 7 metres at 2.39g/t gold.
A complete list of significant drilling intersections includes:
Drillhole Depth from Depth to Width Gold Grade
Number (metres) (metres) (metres) (grams per
tonne)
CCRC001 39 m 43 m 4.00m 2.22 g/t
CCRD002 87 m 101.05 m 14.05m 6.05 g/t
CCRD002 110.35 m 111.30 m 0.95m 1.50 g/t
CCRD003 74 m 76 m 2.00m 1.41 g/t
CCRD003 89 m 91 m 2.00m 2.38 g/t
CCRD004 123.35 m 128.90 m 5.55m 6.10 g/t
CCRD004 133.60 m 134.80 m 1.20m 2.69 g/t
CCRC006 93.12 m 106.95 m 13.83m 2.25 g/t
CCRD006 110.15 m 110.60 m 0.45m 1.46 g/t
CCRD006 129.23 m 130.40 m 1.17m 3.74 g/t
CCRD006 132.90 m 135.50 m 2.60m 88.72 g/t
Note: Holes CCRD005, 007,008,009 have no significant results to report.
The first four drill holes successfully intersected the mineralised zone at the centre of the prospect demonstrating that the mineralisation structure is vertical at this location. Drilling in the western zone was less successful with only one drill hole (CCRD006) intersecting the mineralisation at a shallow angle, demonstrating that the mineralised structure is overturned at this location and dips at a steep angle in the same direction as the drilling, that is to the south. The remaining three drill holes targeting mineralisation at the western end of the Western Zone failed to intersect the mineralised zone, and it is believed that the mineralised zone is also overturned and dips at an even shallower angle in the same direction as the drilling at this location. Similarly, a drill hole targeting trench defined mineralisation at depth at the eastern extent of the Cacao Prospect failed to intersect a mineralised zone suggesting that mineralisation may be overturned to the south at that end of the prospect as well.
In addition to the drilling the Company has now completed a total of 865 metres of trenching on the Cacao Prospect, testing the mineralised structure over a strike length of 620 metres with 40 metre spaced trenches. This trenching has defined the two zones with significant surface mineralisation over a combined 330 metres strike length mentioned above. An agreement has been reached with the landholder to continue exploration over the western strike extension of mineralisation where a programme of rock chip and trench sampling is planned for November to test the entire 2,000 metre strike extent of the structure as defined so far.
As a consequence of the encouraging results yielded by this drilling, and the geological information gained, a second phase of drilling is planned to commence prior to year end to:
1. better constrain the mineralisation in the western zone,
2. to test for a plunge component to the mineralised shoots and
3. to test for a depth extension to the main mineralised zone.
The Cacao Prospect is in a similar geological and structural setting to the currently producing El Limon Mine nearby, and the Company believes that the Cacao Prospect has excellent potential to host an economic resource. The Directors plan to commission a maiden resource estimate on the Cacao Prospect in the near future.
Qualified Person's Declaration
The information in this announcement that relates to Exploration Results is based on information compiled by and reviewed by Nigel Ferguson, CEO, who is a Member of the Australian Institute of Mining and Metallurgy and a geologist with over 21 years of experience in the exploration and definition of precious and base metal Mineral Resources and has sufficient experience that is relevant to the style of mineralization and type of deposit under consideration and to the type of activity which he is undertaking to qualify as a Qualified Person as defined in the March 2006 Edition of the AIM Guidance Note for Mining, Oil and Gas Companies. He consents to the inclusion in the report of the matters based on his information in the form and context in which they appear and confirms that this information is accurate and not false or misleading.
# Ends -
8th November, 2007
Condor Resources plc
(''Condor'' or ''the Company'')
Significant Maiden Drilling Results at the El Cacao Project, Nicaragua
Highlights
Condor Resources Plc (AIM: CNR) is pleased to announce that the first phase of drilling at the El Cacao Prospect in Nicaragua has now been completed and all assay results have been received.
Best results include:
* CCRD002 14.05 metres at 6.05g/t gold from 87 metres
* CCRD004 5.55 metres at 6.10g/t gold from 123.35 metres
* CCRC006 13.83 metres at 2.25g/t from 93.12 metres
* CCRD006 2.60 metres at 88.72g/t gold from 132.90 metres
At least two mineralised zones identified containing high grade shoots over a strike length of 330 metres. The mineralised structure is open along strike to the West and at depth.
CEO, Nigel Ferguson, stated "The results from the initial drilling phase at the 100% owned El Cacao Project, have again confirmed that better grades and widths usually occur at depth below sometimes meagre surface results in epithermal systems. The Company will advance the Cacao Project with further testing along strike through mapping and trenching, and at depth through a further program of drilling expected to commence in December. The Company is confident that further significant mineralisation will be encountered and a resource proved up at the El Cacao Project."
El Cacao Project
After completion of the planned drilling program, assay results indicate excellent width and grade within the mineralised structure and continuity of up to 120 metres true depth. Nine reverse circulation and combination reverse circulation-diamond core drill holes were completed for a total of 733 metres of reverse circulation and 223.45 metres of diamond core.
The drilling results show that the mineralised structure consists of at least two zones or shoots with a total defined strike length of 330 metres. The Western Zone remains open to the west. Mineralised structures of up to 14 metres width at grades of 6.05g/t gold are reported from drilling. A high grade mineralised quartz vein assaying at 0.95 metres at 99g/t gold (CCRD006 134.95 metres to 135.50 metres included in a high grade zone reported in the table below. Minimum mineable widths have been taken into account to report the 2.6 metres at 88.6g/t gold). These results complement trench intercepts of up to 7 metres at 2.39g/t gold.
A complete list of significant drilling intersections includes:
Drillhole Depth from Depth to Width Gold Grade
Number (metres) (metres) (metres) (grams per
tonne)
CCRC001 39 m 43 m 4.00m 2.22 g/t
CCRD002 87 m 101.05 m 14.05m 6.05 g/t
CCRD002 110.35 m 111.30 m 0.95m 1.50 g/t
CCRD003 74 m 76 m 2.00m 1.41 g/t
CCRD003 89 m 91 m 2.00m 2.38 g/t
CCRD004 123.35 m 128.90 m 5.55m 6.10 g/t
CCRD004 133.60 m 134.80 m 1.20m 2.69 g/t
CCRC006 93.12 m 106.95 m 13.83m 2.25 g/t
CCRD006 110.15 m 110.60 m 0.45m 1.46 g/t
CCRD006 129.23 m 130.40 m 1.17m 3.74 g/t
CCRD006 132.90 m 135.50 m 2.60m 88.72 g/t
Note: Holes CCRD005, 007,008,009 have no significant results to report.
The first four drill holes successfully intersected the mineralised zone at the centre of the prospect demonstrating that the mineralisation structure is vertical at this location. Drilling in the western zone was less successful with only one drill hole (CCRD006) intersecting the mineralisation at a shallow angle, demonstrating that the mineralised structure is overturned at this location and dips at a steep angle in the same direction as the drilling, that is to the south. The remaining three drill holes targeting mineralisation at the western end of the Western Zone failed to intersect the mineralised zone, and it is believed that the mineralised zone is also overturned and dips at an even shallower angle in the same direction as the drilling at this location. Similarly, a drill hole targeting trench defined mineralisation at depth at the eastern extent of the Cacao Prospect failed to intersect a mineralised zone suggesting that mineralisation may be overturned to the south at that end of the prospect as well.
In addition to the drilling the Company has now completed a total of 865 metres of trenching on the Cacao Prospect, testing the mineralised structure over a strike length of 620 metres with 40 metre spaced trenches. This trenching has defined the two zones with significant surface mineralisation over a combined 330 metres strike length mentioned above. An agreement has been reached with the landholder to continue exploration over the western strike extension of mineralisation where a programme of rock chip and trench sampling is planned for November to test the entire 2,000 metre strike extent of the structure as defined so far.
As a consequence of the encouraging results yielded by this drilling, and the geological information gained, a second phase of drilling is planned to commence prior to year end to:
1. better constrain the mineralisation in the western zone,
2. to test for a plunge component to the mineralised shoots and
3. to test for a depth extension to the main mineralised zone.
The Cacao Prospect is in a similar geological and structural setting to the currently producing El Limon Mine nearby, and the Company believes that the Cacao Prospect has excellent potential to host an economic resource. The Directors plan to commission a maiden resource estimate on the Cacao Prospect in the near future.
Qualified Person's Declaration
The information in this announcement that relates to Exploration Results is based on information compiled by and reviewed by Nigel Ferguson, CEO, who is a Member of the Australian Institute of Mining and Metallurgy and a geologist with over 21 years of experience in the exploration and definition of precious and base metal Mineral Resources and has sufficient experience that is relevant to the style of mineralization and type of deposit under consideration and to the type of activity which he is undertaking to qualify as a Qualified Person as defined in the March 2006 Edition of the AIM Guidance Note for Mining, Oil and Gas Companies. He consents to the inclusion in the report of the matters based on his information in the form and context in which they appear and confirms that this information is accurate and not false or misleading.
# Ends -
Antwort auf Beitrag Nr.: 32.329.624 von Bear83 am 07.11.07 18:43:53Dito.
Ich hab mich in meinem letzten Posting etwas unpräzise ausgedrückt. Besser wäre gewesen:
....dann wohl schlimmstenfalls +/- 0 in Anbetracht .....
Ich hab mich in meinem letzten Posting etwas unpräzise ausgedrückt. Besser wäre gewesen:
....dann wohl schlimmstenfalls +/- 0 in Anbetracht .....
Antwort auf Beitrag Nr.: 32.328.841 von macvin am 07.11.07 17:58:16Wenn Condor vom Tisch genommen würde, dann wohl kaum unterhalb
von 10p. Immerhin haben CIM und Oracle diesen Kurs pro Aktie
beim IPO leztes Jahr bezahlt. Glaub kaum, daß die draufzahlen
wollen bei einem neuen Konstrukt. Auch wenn es gerade mal
um 18 Mio Aktien geht.
Wäre auch noch ein Verdoppler ab jetzt.
Könnte ich zur Not mit leben.
von 10p. Immerhin haben CIM und Oracle diesen Kurs pro Aktie
beim IPO leztes Jahr bezahlt. Glaub kaum, daß die draufzahlen
wollen bei einem neuen Konstrukt. Auch wenn es gerade mal
um 18 Mio Aktien geht.
Wäre auch noch ein Verdoppler ab jetzt.
Könnte ich zur Not mit leben.
Trading Spotlight
Antwort auf Beitrag Nr.: 32.314.496 von Nebiim am 06.11.07 20:15:06Seufzen ist unnötig. Wenn Condor frühzeitig vom Tisch genommen würde, dann wohl eben +/- 0 in Anbetracht der aktuellen Kurse. Es kann also nur besser werden....
in FSE kommt auch ein wenig Bewegung in die Taxen ...
Weitere Daten von Frankfurt
Bid 0,072
Bidsize 20.000
Uhrzeit Datum 17:29 07.11.
Ask 0,073
Asksize 20.000
Uhrzeit Datum 17:29 07.11.
Weitere Daten von Frankfurt
Bid 0,072
Bidsize 20.000
Uhrzeit Datum 17:29 07.11.
Ask 0,073
Asksize 20.000
Uhrzeit Datum 17:29 07.11.
Was ist denn heute in London los? Da ist doch nicht etwa ein laues
Winterlüftchen unter die Schwingen des Condor geraten?
Zumindest gehen die Pakete heute mal "nach oben" über den Tisch.
Winterlüftchen unter die Schwingen des Condor geraten?
Zumindest gehen die Pakete heute mal "nach oben" über den Tisch.
Antwort auf Beitrag Nr.: 32.315.879 von Sienunwieder am 06.11.07 21:33:19man muss auch mal warten können
Schau Dir mal IGR an http://www.wallstreet-online.de/community/thread/1052990-1.h…
Thread-Eröffner eberfalls Art. Und guckst Du, wo die heute stehen
Wenn die Bohrergebnisse weiterhin so positiv ausfallen, dann sind die 1 A$ auch noch drin.
Kutowski
Schau Dir mal IGR an http://www.wallstreet-online.de/community/thread/1052990-1.h…
Thread-Eröffner eberfalls Art. Und guckst Du, wo die heute stehen
Wenn die Bohrergebnisse weiterhin so positiv ausfallen, dann sind die 1 A$ auch noch drin.
Kutowski
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