Augusta Res. - 120131 - 75 Mio Unzen Silber, 10,3 Mrd Pfund Kupfer - 500 Beiträge pro Seite

[grasgruener]

stell ich einfach mal hier vor - sehr sehr vielversprechend:

Augusta Resource Corporation: Rosemont Resource Increases to 10.3 Billion Pounds Copper Equivalent-New 75 Million Ounces Contained Silver3/16/2007

VANCOUVER, BRITISH COLUMBIA, Mar 16, 2007 (CCNMatthews via COMTEX News Network) --
Augusta Resource Corporation (TSX:AZC)(AMEX:AZC) ("Augusta" or the "Company" today announced its 2007 Rosemont Deposit Mineral Resource Estimate. The Company is pleased to report the updated resource estimate contains 8.4 billion pounds ("lbs" of copper ("Cu" equivalent in measured and indicated resources and 1.9 billion lbs of Cu equivalent in inferred resources. The estimate also includes a silver ("Ag" resource for the deposit, which quantifies approximately 66.5 million ounces ("oz" of Ag in measured and indicated resources and 9.3 million oz of Ag in inferred resources. Copper equivalence is based on prices of $1.25/lb Cu, $18.00/lb Mo and $8.50/oz Ag, with no applied recovery factors.

The updated resource statement comes after completing a 20,000-meter infill drill program at Rosemont in 2006, which was focused on upgrading the sulfide copper-molybdenum resource (543.1 M tons at 0.75% Cu equivalent at a 0.2% Cu cutoff) and quantifying a new silver resource (543.1 M tons at 0.12 Ag oz/ton at a 0.2% Cu cutoff). In addition the Company conducted a re-assay program of historic drilling, which combined with new drilling to quantify a surface oxide copper resource (74.5 M tons at 0.20% Cu equivalent at a 0.1% Cu cutoff). For a more detailed outline of the updated resource statement, please refer to the tables on page two.

President & CEO Gil Clausen says, "We are pleased with this increase in measured and indicated resources. These results will now be evaluated for economic mine designs in the bankable feasibility study due for completion in the second quarter. With the sizable increase in our resource estimate to more than 10 billion pounds of copper equivalent, the Rosemont project is proving to be even more of a strategic domestic asset."

He added, "Copper production in the United States is declining as the existing major copper deposits in the southwest become exhausted, yet the United States continues to demand the products that utilize this strategic metal. This gap between domestic demand and supply has led to a growing dependency on substantial imports of copper. In addition, the world's developing economies find themselves in direct competition for available copper as their demand continues to increase. These factors, coupled with growing global security concerns, point to the critical need for new sources of domestic copper."

A new NI 43-101 report on the Rosemont Property will be available within 45 days on SEDAR at www.sedar.com.

TABLE 1----------------------------------------------------------------- lbs Short lbs lbs oz CuCut Tons Cu Mo Ag Eq.(i)off (mill- Ag %Cu (mill- (mill- (mill- (mill-Grade ons) %Cu %Mo oz/t Eq.(i) ions) ions) ions) ions)-----------------------------------------------------------------MEASURED MINERAL RESOURCES-----------------------------------------------------------------Oxides: 0.10 14.3 0.21 - - - 61 - - 61-----------------------------------------------------------------Sulf- ides: 0.20 120.4 0.55 0.016 0.15 0.82 1,312 38.5 17.5 1,986-----------------------------------------------------------------INDICATED MINERAL RESOURCESOxides: 0.10 60.2 0.20 - - - 236 - - 236-----------------------------------------------------------------Sulf- ides: 0.20 422.7 0.49 0.014 0.12 0.73 4,109 118.4 49.0 6,146-----------------------------------------------------------------TOTAL COMBINED MEASURED AND INDICATED MINERAL RESOURCESOxides: 0.10 74.5 0.20 - - - 297 - - 297-----------------------------------------------------------------Sulf-ides: 0.20 543.1 0.50 0.014 0.12 0.75 5,421 156.9 66.5 8,132-----------------------------------------------------------------TABLE 2----------------------------------------------------------------- lbs Short lbs lbs oz CuCut Tons Cu Mo Ag Eq.(i)off (mill- Ag %Cu (mill- (mill- (mill- (mill-Grade ons) %Cu %Mo oz/t Eq.(i) ions) ions) ions) ions)-----------------------------------------------------------------INFERRED MINERAL RESOURCES-----------------------------------------------------------------Oxides: 0.10 30.0 0.20 - - - 121 - - 121-----------------------------------------------------------------Sulf-ides:0.20 163.0 0.43 0.007 0.06 0.55 1,386 22.8 9.3 1,777-----------------------------------------------------------------(i) Copper equivalence is based on prices of $1.25/lb Cu, $18.00/lb Mo and $8.50/oz Ag, with no applied recovery factors.
Qualified Person

Augusta Resource Corporation retained WLR Consulting, Inc. (WLRC) of Lakewood, Colorado to estimate the Rosemont mineral resources as a part of a bankable feasibility mining study that is presently in progress. The mineral resource estimation work was performed by or under the direction of Mr. William L. Rose, P.E., WLRC's Principal Mining Engineer and an independent Qualified Person under the standards set forth by Canadian National Instrument 43-101.

ABOUT AUGUSTA RESOURCE CORPORATION - Augusta is a mineral exploration and development company responsibly advancing the Rosemont copper project in Southern Arizona. The Company's Rosemont property is located in Pima County, approximately 50 kilometers southeast of Tucson, Arizona, and contains a potentially world class open-pit copper/molybdenum/silver ("Cu/Mo/Ag" deposit. Augusta has a solid asset base, proven management team, and is committed to becoming a mid-tier copper producer within five years. The company is traded on the American Stock Exchange and the Toronto Stock Exchange under the symbol AZC.

ON BEHALF OF THE BOARD OF DIRECTORS

Gil Clausen, President and CEO

[grasgruener]

hier der Link zur Hompage, Corporate Presentation und Fact Sheet:

http://www.augustaresource.com/

http://www.augustaresource.com/upload/PowerPoint/02-15-07_AZ…

http://www.augustaresource.com/upload/PowerPoint/02-15-07_AZ…

[jochen310771]

Hallo zusammen,
ich weis nicht ob ihr diese Nachricht schon kennt - deshalb stelle ich sie rein.
Der Kurs ging in Canada sofort um 22% nach oben bei großen Umsatz (3,5 Mio. Dollar)

Gruß Jochen


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Sumitomo to Acquire 8.7% of Augusta in $37.5 Million Financing
Augusta Resource Corporation (TSX: AZC) (Amex: AZC) reports it has negotiated a non-brokered private placement (the "Placement") for 10,719,827 common shares at C$3.50 per share for total gross proceeds of C$37,519,394 subject to regulatory approval. The Placement is 71% (7,600,000) subscribed by Sumitomo Corporation and Sumitomo Corporation of America ("Sumitomo"), and 29% (3,119,827) subscribed by two funds managed by US private investment firm Harbinger Capital Partners ("Harbinger"). Upon completion of the Placement, Sumitomo will hold 8.7% interest in Augusta. Harbinger currently holds an 18.6% interest in the Company, which will increase to 19.9% post closing.

Augusta is pleased to welcome Sumitomo as a valued shareholder in the Company, as they are world renowned for building strategic business partnerships. Augusta President and CEO Gil Clausen says, "We look forward to cultivating a long-term business relationship with both Sumitomo and Harbinger. For both parties to invest at this level speaks to the great potential of the Rosemont copper project." He adds, "This financing arrangement will enable us to meet immediate project requirements for long-lead capital equipment, and fund working capital needs through to project financing at the end of our permitting process."

Mitsuhiko Yamada, Executive Officer, General Manager of Mineral Resources Division 1 of Sumitomo Corporation, says, "Sumitomo is pleased to take a strategic interest in Augusta Resource Corporation. We are confident that this investment will become the foundation of a long standing strategic partnership for development of the Rosemont copper and molybdenum resources."

Augusta also reports that M3 Engineering of Tucson is now integrating study components and completing the final technical details for the feasibility study. Augusta is looking forward to publishing the final report within several weeks.

ABOUT AUGUSTA RESOURCE CORPORATION

Augusta is a mineral exploration and development company responsibly advancing the Rosemont copper project in Southern Arizona. The Company's Rosemont property is located in Pima County, approximately 50 kilometers southeast of Tucson, Arizona, and contains a potentially world class open-pit copper/molybdenum/silver ("Cu/Mo/Ag") deposit. Augusta has a solid asset base, proven management team, and is committed to becoming a mid-tier copper producer within five years. The company is traded on the American Stock Exchange and the Toronto Stock Exchange under the symbol AZC, and on the Frankfurt Stock Exchange under the symbol A5R.

ABOUT SUMITOMO CORPORATION

Sumitomo Corporation is one of Japan's largest integrated trading and investment business enterprises. The Corporation not only conducts commodity transactions in all industries utilizing worldwide networks, but also provides related customers with various financing, serves as an organizer and a coordinator for various projects, and invests in businesses from mining and metals, through to the information and retailing industries.

For additional information please visit www.augustaresource.com

Gil Clausen,
President and CEO Marlo Hamer-Jackson,
Investor Relations Manager
Phone: [phone] Phone: [phone]
Fax: [phone] Fax: [phone]
[e-mail] [e-mail]

ON BEHALF OF THE BOARD OF DIRECTORS
"Gil Clausen"
______________________
Gil Clausen
President and CEO


400-837 West Hastings Street,
Vancouver, BC
V6C 3N6

Telephone: [phone]
Toll-free: 1 877 660 6239
Facsimile: 604 687 1715

E-mail: [e-mail]



(TSX: AZC) (Amex: AZC)


(TSX: AZC) (Amex: AZC)






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[grasgruener]

Hammer - einfach KLasse!!!!

[jochen310771]

Antwort auf Beitrag Nr.: 29.941.196 von grasgruener am 15.06.07 15:18:54

Ich verstehe nicht warum bei uns noch keiner kauft nach der Nachricht ???

Gruß Jochen

[jochen310771]

Antwort auf Beitrag Nr.: 29.941.196 von grasgruener am 15.06.07 15:18:54

Hast Du oder jemand anders RT Canada ???
Gruß Jochen

[grasgruener]

Antwort auf Beitrag Nr.: 29.941.378 von jochen310771 am 15.06.07 15:27:09

kaum einer kennt die "dicke" Augusta !

[jochen310771]

Antwort auf Beitrag Nr.: 29.941.468 von grasgruener am 15.06.07 15:31:10

Ich bin noch nicht investier aber spiele mit dem Gedanken - warum kauft sonst niemand bei uns wenn die drüben voll abgehen ???
Gruß Jochen

[jochen310771]

Der erste Kurs war nicht besonders gut - hat niemand RT???

AUGUSTA RESOURCE CORP (Toronto:AZC.TO)

Last Trade: 2.98
Trade Time: 9:30AM ET
Change: 0.12 (3.87%)
Prev Close: 3.10
Open: 3.10
Bid: 3.01
Ask: 3.07
1y Target Est: N/A

Day's Range: 2.90 - 3.10
52wk Range: 1.65 - 3.50
Volume: 18,300
Avg Vol (3m): 140,606
Market Cap: N/A
P/E (ttm): N/A
EPS (ttm): 0.00
Div & Yield: N/A (N/A)

[jochen310771]

So gefällt mir das schon viel besser

AUGUSTA RESOURCE CORP (Toronto:AZC.TO)

Last Trade: 3.09
Trade Time: 9:34AM ET
Change: 0.01 (0.32%)
Prev Close: 3.10
Open: 3.10
Bid: 3.09
Ask: 3.10
1y Target Est: N/A

Day's Range: 2.90 - 3.10
52wk Range: 1.65 - 3.50
Volume: 24,900
Avg Vol (3m): 140,606

[jochen310771]

Hab noch einen zweiten Bericht gefunden


Sumitomo takes stake in Canadian metals company
Fri Jun 15, 2007 2:59am ET
Market View
8053 (Sumitomo Corporation )
Last: ¥2,370
Change: +60.00 (+2.60%)
Revenue (ttm): ¥3,077,210.0M
EPS: 169.90
Market Cap: ¥2,853,970.00M
Time: 2:00am ET



Stock Details
Company Profile
Analyst Research Email This Article | Print This Article | Reprints [-] Text [+]
TOKYO, June 15 (Reuters) - Japan's Sumitomo Corp. (8053.T: Quote, NEWS , Research) said on Friday it has invested about 3 billion yen or C$26.6 million ($24.4 million) to acquire an 8.7 percent stake in Augusta Resource Corp. (AZC.TO: Quote, Profile , Research), a Canadian metals exploration company.

Global industrial and rare metals prices have been rising in the last several years, and Japanese companies are looking for chances to step up their exploration projects.

Augusta is currently conducting a feasibility study at the Rosemont copper project about 50 km southeast of Tucson, Arizona, which holds deposits of copper, silver and molybdenum -- a rare metal typically used in car parts and consumer electronic products.

Sumitomo, the third-biggest trading company in Japan, said in a statement that it aims to build up a long-term partnership with Augusta for the development of the Rosemont project.


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[MFC500]

die Aktie wird ja - m.E. fölschlicherweise - kaum wahrgenommen hierzulande. Nachfolgend die letzten beiden Meldungen:

Jun 28, 2007

In a move to protect and preserve Southern Arizona's water supply, Augusta Resource announced today that it has already stored a full two years' worth of water needed to operate its Rosemont Copper project within the Tucson Active Management Area ("Tucson AMA basin").

By the end of this year a total of 15,000 acre feet of water delivered by the Central Arizona Project ("CAP") is expected to be stored in the greater Tucson aquifer, bringing the level stored for Rosemont Copper to a three-year supply.

"We have said all along that we are very serious about environmental responsibility and we plan to develop and operate Rosemont Copper in a way that no other mine in this country has done before. Water conservation is one of the most important components our plan," said Gil Clausen, President and CEO of Augusta. "By purchasing and storing excess CAP water in advance of our usage, we are not only ensuring that we won't deplete water from Southern Arizona, we are actually going to leave more than we will use."

We will import 105 percent of the water Rosemont Copper will require, leaving the Tucson AMA basin with a five-percent net gain, Clausen explained.

In addition to Rosemont Copper's unique approach to supplying water, the project will employ water conservation and recycling techniques never before implemented by an Arizona copper mining facility. These initiatives are anticipated to yield a 50 to 60 percent reduction in water use, compared with traditional mining practices. The details of these plans will be published shortly in the Company's comprehensive plan of operations and feasibility study for Rosemont Copper.

Rosemont Copper will produce copper, molybdenum and silver for 20 years in a remote area of Pima County west of Highway 83. The Rosemont property has had a long history of ranching and mining activity.

http://biz.yahoo.com/iw/070628/0272517.html


Jul 12, 2007

Augusta Resource is pleased to announce it has formally filed the comprehensive Plan of Operations (the "plan") for the proposed Rosemont Copper project with the United States Forest Service. This detailed plan for Augusta's Rosemont Copper project includes progressive design, conservation and sustainability initiatives.

"We have consistently promised a mine development that combines innovation, conservation and economic opportunity - and we are delivering on that promise," said Gil Clausen, President and CEO of Augusta. "In addition to adding water to Southern Arizona, our Plan of Operations commits us to water recycling, reclamation starting in the first year of production, and a multi-million dollar endowment to support community projects within the region."

Rosemont Copper's detailed submittal outlines the plan to construct, operate and reclaim the Rosemont Copper mine. Once approved, the final Rosemont Plan of Operations becomes a binding document that assures the plan's commitments, including reclamation and closure funding guarantees. Highlights of the plan include:

- Significant Economic Benefits - The Rosemont Copper project will produce more than 230 million pounds of copper per year. Rosemont Copper alone will produce 10 percent of the entire U.S. copper production for 20 years. About 500 high-paying direct jobs, as well as at least 1,000 indirect jobs will be created, adding over $500 million in local payroll over the mine life and $1.4 billion in goods and services, in addition to local, state, and federal tax revenue.

- Water Conservation - The Rosemont design avoids impacts to the Davidson Canyon and Cienega Creek watershed. Central Arizona Project water is already being purchased and stored in advance. Rosemont will add to the local aquifer more water than it will use, leaving a five-percent net water gain in the community. By the end of this year, a supply of water will have been stored sufficient to sustain the operation for three years. In addition, new water conservation and recycling techniques at Rosemont will save 50 to 60 percent of the total water used in traditional mining.

- Concurrent Reclamation - Reclamation will begin within the first year of mine operation and will feature state-of-the-art practices. They include greenhouse studies for optimum revegetation, cattle use to prepare the seedbed for replanting, and construction of perimeter buttresses to stabilize soil and shield visual impact from state highway SH 83. Only a small portion of the final pit configuration will be visible from the highway.

- Community Conservation - At the end of the estimated 20 years of production, Rosemont Copper will leave open space and conservation easements to the community in perpetuity. In addition, the project will endow funds to support local projects for generations to come.

Arizona, the Copper State, produces 65 percent of the United States' supply of copper on only a quarter of one percent of the state's land. Copper is increasingly important, particularly with growth in sales of energy-efficient products, hybrid cars and solar energy systems. Rosemont Copper will produce copper, molybdenum and silver for 20 years in a remote area of Pima County west of Highway 83. The Rosemont property has had a long history of ranching and mining activity dating back to the 1800s.

Now that Rosemont's Plan of Operations has been submitted to the U.S. Forest Service, the Company will move to the next step for environmental permitting in Arizona. Based on their review of the plan, the U.S. Forest Service is expected to initiate the Environmental Impact Statement, a process that takes 12 to 18 months to complete.

The comprehensive Plan of Operations will be available on the Augusta website at www.augustaresource.com within 10 days. To obtain an immediate copy please contact Marlo Hamer-Jackson at the below contact details.

http://biz.yahoo.com/iw/070712/0277250.html

Und nicht vergessen: die BFS müsste dmnächst kommen

[Popeye82]

...

[MFC500]

Aug 24, 2007

Augusta Resource reports that ASARCO LLC has served a complaint against Augusta in the United States Bankruptcy Court for the Southern District of Texas, Corpus Christi Division, with regard to the Rosemont property located in Pima County, approximately 50 kilometers southeast of Tucson, Arizona. Augusta believes the complaint is without merit and that it will prevail in any litigation.

Augusta acquired the Rosemont property from a group of real estate developers from Tucson in good faith after arm's-length negotiations. The local real estate developers previously had purchased the property from ASARCO.

This complaint was one of a number that ASARCO filed against several companies in an attempt to overturn various transactions they had entered into prior to declaring bankruptcy. In this complaint, ASARCO primarily alleges that the initial purchasers failed to pay "reasonably equivalent value" for the Rosemont property in 2004, at a time when ASARCO alleges it was "hopelessly insolvent", despite showing net earnings of $11 million in 2005 and $33 million in 2004, and that Augusta later bought the property with knowledge of the voidability of the prior sale. ASARCO filed for bankruptcy in August 2005, and until now, had given no indication that it intended to challenge the sale.

"ASARCO's complaint regarding the Rosemont property came with no warning, and we think it is completely unfounded," said Gil Clausen, President and CEO of Augusta. "We bought the property from real estate developers in good faith after the seller offered to first sell to Pima County in a public process. We see no legitimate basis for ASARCO to show up years later and raise claims regarding the property, after a subsequent fair market transaction and after Augusta has substantially advanced the property by devoting untold time and financial resources," he said. "We will vigorously defend our unqualified ownership of the Rosemont property."

Augusta believes that it has solid grounds to defeat any ASARCO challenge. The suit should have no impact on current plans for operations of the Rosemont Copper project. The completion and issuance of the feasibility study, as well as permitting, mine site work, and design initiatives will continue on schedule.

http://biz.yahoo.com/iw/070824/0294999.html

[grasgruener]

Aug 27, 2007 09:15 ET
Augusta Announces Rosemont Copper Bankable Feasibility Study Conference Call
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 27, 2007) - Augusta Resource Corporation (TSX:AZC)(AMEX:AZC)(FRANKFURT:A5R) ("Augusta" or the "Company") is pleased to report it will present results of the Rosemont Copper Bankable Feasibility Study ("FS") and the ongoing Rosemont development plan in a webcast on Wednesday, August 29, 2007. A conference call will be held at 11:00 a.m. EST (9:00 a.m. MT/8:00 a.m. PST) to discuss the FS results. A listen-only webcast will be available on the Company's website at www.augustaresource.com.

A press release containing the results of the Rosemont Copper FS will be available prior to the conference call in the News section of the Company's website. For those wishing to participate in the question and answer portion of the conference call, please utilize the dial-in number below. Additionally, the conference call webcast will be archived for a limited time on the Company's website.

Conference Call Details

Toll Free Dial-in Number (within the US and Canada): 866-334-3876

International Dial-in Number: 416-849-4292

Webcast: http://eventcalls.com/console/console-login?active=yes

Passcode: 0440286

Replay Dial-in: 866-245-6755 or 416-915-1035

Replay Passcode: 366113

ABOUT AUGUSTA RESOURCE CORPORATION - Augusta is a mineral exploration and development company responsibly advancing the Rosemont Copper project in Southern Arizona. The Company's Rosemont property is located in Pima County, approximately 50 kilometers southeast of Tucson, Arizona, and contains a potentially world class open-pit copper/molybdenum/silver ("Cu/Mo/Ag") deposit. Augusta has a solid asset base, proven management team, and is committed to becoming a mid-tier copper producer within five years. The company is traded on the American Stock Exchange and the Toronto Stock Exchange under the symbol AZC, and on the Frankfurt Stock Exchange under the symbol A5R.

ON BEHALF OF THE BOARD OF DIRECTORS

Gil Clausen, President and CEO

[MFC500]

Antwort auf Beitrag Nr.: 31.303.535 von grasgruener am 27.08.07 15:17:52

und ich habe heute morgen noch eine Mail an A. geschrieben, mit der Bitte mir mitzuteilen, wann die BFS nun definitiv vorgestellt wird.
Sofern sie keine bösen Überraschungen beinhaltet, könnte hier ein schöner Kursschub bevorstehen. Wie pflegen sie über dem Ozean so schön zu formulieren: I am cautiously optimistic.

[grasgruener]

jepp - bin och gespannt!

[MFC500]

gestern kurz nach Börsenschluss gab´s die Meldung zur BFS:
(zur besseren Betrachtungsweise empfiehlt sich der u.a. Link zur Meldung)

Augusta Completes Bankable Feasibility For Rosemont Copper Project
Tuesday August 28, 4:04 pm ET

NPV (5%) $1B at $1.50 Cu Long Term Price

TUCSON, ARIZONA--(MARKET WIRE)--Aug 28, 2007 -- Augusta Resource Corporation (Toronto:AZC.TO - News)(AMEX:AZC - News)(Frankfurt:A5R.F - News) ("Augusta" or the "Company") is pleased to announce the results of the Bankable Feasibility Study ("FS") on the Company's 100% owned Rosemont Copper Project located in Pima County, Arizona. Based on the positive results of the FS, the Board of Directors of the Company has approved the project for development as a low cost open pit mine with a sulfide concentrator and SX/EW plant to treat sulfide and oxide mineral reserves. M3 Engineering & Technology Corporation ("M3") of Tucson, Arizona led and prepared the FS and related NI 43-101 Technical Report (All dollar figures are in United States dollars unless otherwise indicated).


"The solid economics of this study further reinforce our promise to combine innovation, conservation and economic opportunity in this mine development," said Gil Clausen, President and CEO of Augusta. "The implementation costs for the five key sustainability elements outlined in the recently filed plan of operations have been integrated into the feasibility study economics, which include sustainable water supply, concurrent mine reclamation, view-shed consideration, community endowment, and recognition of the goals of the Sonora Desert Conservation Plan."


Financial Highlights
--------------------------------------------------------------------------
Commodity Pricing
------------------------------------------------------------
Case 1 Case 2 Case 3
($ millions) ($ millions) ($ millions)
--------------------------------------------------------------------------
NPV 0% 5,116.6 4,468.1 2,100.6
--------------------------------------------------------------------------
NPV 5% 2,544.4 2,182.9 996.8
--------------------------------------------------------------------------
NPV 10% 1,312.2 1,093.4 459.2
--------------------------------------------------------------------------
IRR 30.2% 27.4% 20.9%
--------------------------------------------------------------------------
Payback Years 2.9 3.2 3.0
--------------------------------------------------------------------------
(i) Note NPV is quoted after taxes and royalties.


Case 1 - 60/40 Weighted Average Pricing: M3 uses weighted average metal prices for NI-43-101 reporting purposes, reflecting 60% on three-year historical prices and 40% on two-year forward market prices. These values are $2.61 per pound (lb) copper (Cu), $31.06/lb molybdenum (Mo), $11.37 per ounce (oz) silver (Ag), and $600.20/oz gold (Au).

Case 2 - 36-Month Historical Pricing: For SEC reporting requirements, 36-month trailing average pricing was used at $2.38/lb Cu, $30.47/lb Mo, $9.85/oz Ag, and $536.66/oz Au.

Case 3 - Long Term Metal Pricing: Long-term metal prices were established using the 24-month forward prices for the first year trending down to long term fixed prices of $1.50/lb Cu, $15.00/lb Mo, and $10.00/oz Ag and $600.00/oz Au over the next four years.

Annual revenue is determined by applying estimated metal prices to the annual payable metal estimated for each operating year. Sales prices have been applied to all life of mine production without escalation or hedging. The financial evaluation presents the determination of the net present value ("NPV") after tax, payback period (time in years after production commences to recapture the initial capital investment), and the internal rate of return ("IRR") for the project. Annual cash flow projections were estimated over the life of the mine based on the estimates of capital expenditures, production costs and sales revenue. The sales revenue is based on the production of three commodities: copper, molybdenum and silver. Gold is also present in the copper concentrates in the form of a saleable by-product credit.

The total capital of new construction (includes all direct and indirect costs), for a 75,000 ton per day ("TPD") open pit mine and sulfide copper concentrator plant with a heap leach SX-EW plant for the treatment of oxide copper mineral reserve, is estimated to be $782.4 million, excluding $15.4 million for spare parts allocated to working capital. All capital costs are estimated to an accuracy of +/- 15%.

M3's Conclusion

The results of the FS for the Rosemont Copper Project indicate that the project is technically and economically feasible. There are opportunities for further optimization, and the project can be constructed and operated in an environmentally sound manner. Based on weighted average metal prices of $2.61 per pound of copper, $31.06 per pound of molybdenum and $11.37 per ounce of silver, Base Case 1 would generate an NPV (5%) of approximately $2.544 billion with an IRR of about 30.2% and a payback of 2.9 years on an after tax basis. Cash costs would be valued at $0.38/lb Cu net of by-product credits.



Rosemont Mineral Reserves ication
--------------------------------------------------------------------------
Sulfide greater than Oxides greater than
Classif- or equal to or equal to
ication 3.29 $/ton NSR Cutoff 1.77 $/ton NSR
--------- --------------------------------------- ----------------------
Ktons NSR $/t TCu% Mo% Ag oz/t Ktons NSR $/t TCu%
--------------------------------------------------------------------------
Proven 126,120 12.25 0.50 0.015 0.14 9,938 3.22 0.19
Probable 366,607 11.29 0.46 0.015 0.12 39,507 2.96 0.17
--------------------------------------------------------------------------
Total 492,727 11.53 0.47 0.015 0.12 49,445 3.01 0.18
--------------------------------------------------------------------------
(i) Proven and probable reserves totals are included within the measured
and indicated resource values quoted below. For purposes of the FS, 69
millions tons of inferred resources above the NSR cutoff grade within the
ultimate pit have been treated as waste. Additional drilling and geological
modeling in the future may permit a reclassification of some of this
material to measured & indicated resources.


Rosemont Deposit Measured and Indicated Mineral Resources
--------------------------------------------------------------------------
Material/Cutoff Ag oz/ lbs Cu lbs Mo oz Ag
(% Cu) Ktons %Cu %Mo ton (millions) (millions) (millions)
--------------------------------------------------------------------------
Measured Mineral Resources
--------------------------------------------------------------------------
Oxides: 0.10 14,300 0.21 - - 61 - -
--------------------------------------------------------------------------
Sulfides: 0.20 120,400 0.55 0.016 0.15 1,312 38.5 17.5
--------------------------------------------------------------------------
Indicated Mineral Resources
--------------------------------------------------------------------------
Oxides: 0.10 60,200 0.20 - - 236 - -
--------------------------------------------------------------------------
Sulfides: 0.20 422,700 0.49 0.014 0.12 4,109 118.4 49.0
--------------------------------------------------------------------------
Total Measured and Indicated Mineral Resources
--------------------------------------------------------------------------
Oxides: 0.10 74,500 0.20 - - 297 - -
--------------------------------------------------------------------------
Sulfides: 0.20 543,100 0.50 0.014 0.12 5,421 156.9 66.5
--------------------------------------------------------------------------


Rosemont Deposit Inferred Mineral Resources
--------------------------------------------------------------------------
Material/Cutoff Ag oz/ lbs Cu lbs Mo oz Ag
(% Cu) Ktons %Cu %Mo ton (millions) (millions) (millions)
--------------------------------------------------------------------------
Oxides: 0.10 30,000 0.20 - - 121 - -
--------------------------------------------------------------------------
Sulfides: 0.20 163,000 0.43 0.007 0.06 1,386 22.8 9.3
--------------------------------------------------------------------------
Environmental

Permitting for the Rosemont Copper Project involves federal approvals and requires compliance with the National Environmental Policy Act (NEPA). This in turn requires an Environmental Impact Statement (EIS) and compliance with the Endangered Species Act (ESA) and the National Historic Preservation Act (NHPA). The Company completed the first step for environmental permitting in Arizona by filing Rosemont's Plan of Operations with the United States Forest Service on July 11, 2007. Based on their review of the plan, the U.S. Forest Service is expected to initiate the EIS, a process that usually takes 12 to 18 months to complete.

Mining & Production

The mining process at Rosemont will be a conventional modern hard rock open pit operation. The open pit mine, concentrator and leaching facilities will include a nominal concentrator production capacity of 75,000 TPD. The proposed Rosemont mine is expected to produce annually 220 million pounds of recovered copper, 4.5 million pounds of recovered molybdenum, 2.7 million ounces of recovered silver and approximately 15 thousand ounces of gold as a by-product credit over the mine life. The heap leach SX-EW plant is expected to produce an additional 14 million pounds of copper cathode per year for the first 8 years.

Capital Costs

The total capital cost estimate (includes direct and indirect costs) to design, construct and commission the Rosemont facilities is estimated to be $782.4 million, excluding $15.4 million for spare parts moved to working capital. The FS also calculated total capital of new construction (includes direct and indirect costs) for the sulfide only, which was estimated to be $725.6 million, excluding $14.8 million for spare parts moved to working capital. All costs are estimated at an accuracy of +/- 15%.

Operating Costs

The average life of mine operating costs for the mining operation is $0.82 per ton mined. These costs include drilling, blasting, loading, hauling, road and dump maintenance and general mining. Mill process operating costs average $3.10/ton of mill ore, which includes crushing and conveying, grinding and classification, flotation and regrind, concentrate thickening, filtration and dewatering, tailings disposal and mill ancillary services. General and administrative costs are $0.24/ton of mill ore. All costs are at an accuracy of +/- 10%.

Next Steps

The FS marks the beginning of the detailed development process for mining and production operations at Rosemont. The Company is embarking on project financing discussions and is currently funded for activities through the permitting phase. A NI 43-101 Technical Report on the FS results will be filed within the next 45 days under the Company's profile on SEDAR at www.sedar.com, as well as at www.augustaresource.com.

Qualified Person

The FS and NI 43-101 Technical Report were prepared by an integrated engineering team led by M3 Engineering & Technology Corporation of Tucson, Arizona as the primary author of the Technical Report. The Technical Report was conducted under the overall review of Dr. Conrad Huss, P.E., of M3 Engineering & Technology Corporation of Tucson, Arizona, an independent Qualified Person under the standards set forth under NI 43-101.

Conference Call

Augusta will be hosting a conference call to discuss the results of the FS on Wednesday, August 29, 2007 at 11:00 a.m. EST (9:00 a.m. MT/8:00 a.m. PST). A listen-only webcast will be available on the Company's website at www.augustaresource.com.

http://biz.yahoo.com/iw/070828/0295939.html

[grasgruener]

Augusta Resource Corporation: New Zone Exploration Plans at Rosemont Supported by Surface Sampling

- Includes 1.3% Cu over 195 feet (59.4 meters) true width
TUCSON, ARIZONA--(Marketwire - Oct. 23, 2007) - Augusta Resource Corporation (TSX:AZC)(AMEX:AZC)(FRANKFURT:A5R) ("Augusta" or the "Company") is pleased to announce it will embark on an exploration program in the Narrangansett Zone near its Rosemont copper-molybdenum-silver ("Cu-Mo-Ag") orebody near Tucson, Arizona. The program will combine airborne and ground-based geophysical surveys with a minimum of 15,000 feet (4,570 meters) of diamond drilling that will:

- target a potential 50-100 million ton conversion of waste to ore from the northern part of the existing Rosemont open-pit minable reserve;

- search for a potential 10 million tons of deeper high-grade material minable by underground methods; and

- identify any additional, buried higher grade targets that may exist on the larger Rosemont property.

Augusta's recent geological mapping and sampling taken around the Rosemont orebody has identified several very promising new exploration targets. The surface work, integrated with drill results from both historical drilling and Augusta's recent drilling, has significantly advanced the understanding of fault displacements on rock units, rock alteration and mineralization. These advances show that faulting has apparently displaced the yet-unexplored western extension of the Rosemont Cu-Mo-Ag deposit approximately 4,500 feet (1,400 meters) to the north.

Presently at Rosemont, there exists only a single historical diamond drill hole ("DDH") that explored these rock formations within the interpreted western faulted extension, and that short hole (170 feet, 51.8 meters total depth) averages 0.76% Cu over its final 86 feet (26.2 meters). North of this DDH, and very encouraging for the discovery of additional high-grade mineralization, is the historical Narrangansett mine that exploited high-grade oxide Cu deposits in a series of open-pit workings located within the Abrigo and Martin Formations. Augusta's initial results of continuous chip line sampling of the oxidized material in these historical open-pit workings averages up to 1.3% Cu over 195 feet (59.4 meters) true width - results indicative of attractive Cu grades in deeper sulfide mineralization.

Augusta's Vice-President of Exploration, Mike Clarke, is pleased with the recent exploration results from the Narrangansett Zone near Rosemont. He says, "Lithological and historical considerations indicate very promising exploration potential for Rosemont's apparent western faulted extension. The extension encompasses the highly prospective Abrigo and Martin Formations that were exploited historically in underground mines elsewhere in the state of Arizona." He added, "These carbonate rocks were the favored hosts of high-grade mineralization yielding upwards of five percent copper at such mines as Superior and Bisbee."

Augusta plans to carry out a ground-based geophysical survey combining induced polarization ("IP") and natural source audio-frequency magnetotellurics ("NSAMT") surveys to refine the new drilling targets. A subsequent minimum of 15,000 feet (4,579 meters) of diamond drilling will focus on the discovery of high-grade underground resources in this exciting new zone.

Much of Augusta's claim block is covered with Mesozoic sedimentary rocks that, because of their relatively poor susceptibility to mineralization, could mask deeper mineralization. Augusta has contracted EDCON-PRJ of Colorado to carry out a helicopter-supported aeromagnetic survey covering approximately 21 square miles (53.7 square kilometers) in a search for indications of buried mineralization. Follow-up ground work will be carried out on any anomalies discovered by this survey.

ABOUT AUGUSTA RESOURCE CORPORATION - Augusta is a mineral exploration and development company responsibly advancing the Rosemont Copper project in Southern Arizona. The Company's Rosemont property is located in Pima County, approximately 50 kilometers southeast of Tucson, Arizona, and contains a potentially world class open-pit copper/molybdenum/silver ("Cu/Mo/Ag") deposit. With a strong ownership profile (Harbinger Capital 19.9%; Management 18%; Sumitomo Corporation 8.7%), solid project economics (NPV 5% $1 billion unlevered/after tax), and proven management team, Augusta is committed to becoming a mid-tier copper producer within the next four years. The company is traded on the American Stock Exchange and the Toronto Stock Exchange under the symbol AZC, and on the Frankfurt Stock Exchange under the symbol A5R.

ON BEHALF OF THE BOARD OF DIRECTORS

Gil Clausen, President and CEO

CAUTIONARY STATEMENT REGARDING FORWARD LOOKING INFORMATION

[grasgruener]

Dec 20, 2007 08:30 ET
Augusta Announces Binding Letter Agreement With Silver Wheaton for Silver Backed Financing of Rosemont Project
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 20, 2007) - Augusta Resource Corporation (TSX:AZC)(AMEX:AZC)(FRANKFURT:A5R) ("Augusta" or the "Company") is pleased to announce that it has signed a binding letter agreement and term sheet with Silver Wheaton Corp. ("Silver Wheaton") to sell between 45%-90% of the silver to be produced by the company's Rosemont Copper Project ("Rosemont"). Augusta will elect the percentage of silver production sold on or before March 31, 2008.

Subject to the finalization of the structure of the transaction, including tax considerations, Silver Wheaton will pay an upfront cash payment ranging in value from US$135 million to US$320 million to acquire from 45% to 90% of the payable silver produced during the mine life. The upfront payment will be made to fund construction of the mine as milestones are achieved. Augusta will provide a completion guarantee with certain minimum production criteria by a certain date.

"We are extremely pleased to finalize a transaction with Silver Wheaton, they have demonstrated they are a market leader in the silver industry with their innovative approach." said Gil Clausen, President and CEO of Augusta. "This financing will satisfy approximately 16-38% of our total capital requirements for the project, for only 2-5% of the total project revenue. We have now taken a very large step forward to minimize any further equity dilution for our shareholders in conjunction with subsequent financing of the Rosemont project."

The transaction is subject to (a) Augusta receiving all necessary permits to construct and operate a mine in accordance with our 2007 Rosemont Feasibility Study, (b) Augusta having entered into committed arrangements for sufficient additional financing to construct and operate the mine, and (c) execution by the parties of definitive agreements on or before June 30, 2008 as well as receipt of any required regulatory approvals and third-party consents.

ABOUT AUGUSTA RESOURCE CORPORATION - Augusta is a mineral exploration and development company responsibly advancing the Rosemont Copper project in Southern Arizona. The Company's Rosemont property is located in Pima County, approximately 50 kilometers southeast of Tucson, Arizona, and contains a potentially world class open-pit Cu-Mo-Ag deposit. With a strong ownership profile, solid project economics and proven management team, Augusta is committed to becoming a mid-tier copper producer within the next four years. The company is traded on the American Stock Exchange and the Toronto Stock Exchange under the symbol AZC, and on the Frankfurt Stock Exchange under the symbol A5R.

ON BEHALF OF THE BOARD OF DIRECTORS

Gil Clausen, President and CEO

CAUTIONARY STATEMENT REGARDING FORWARD LOOKING INFORMATIO

[twingodriver]

Hallo Leutchen,
warum interessiert sich den keiner mehr für diesen Wert?
Ich dachte Rohstoffe sind zur Zeit der absolute Renner...

[grasgruener]

Apr 08, 2008 09:15 ET
Augusta Announces New In-Pit Copper Zone Drill Results-Signs Letter of Award for Mill Drives
DENVER, COLORADO--(Marketwire - April 8, 2008) - Augusta Resource Corporation (TSX:AZC)(AMEX:AZC)(FRANKFURT:A5R) ("Augusta" or the "Company") is pleased to announce an update of results from its ongoing exploration program at the Rosemont Copper project near Tucson, Arizona. The assay results are from five holes drilled in an area of what was previously designated as waste in the current feasibility study pit design. The results summarized below also include results from a sixth hole drilled earlier for geotechnical information (also see accompanying drill hole location map attached to press release posted at www.augustaresource.com):




-------------------------------------------------------------------------- From To Interval IntervalDrill Hole (feet) (feet) (feet) (meters) %Cu %Mo Opt Ag--------------------------------------------------------------------------1 (Vert) 0 615 615 187.4 0.42 0.008 NA--------------------------------------------------------------------------2 (Vert) 15 184 169 51.5 1.06 NA NA--------------------------------------------------------------------------3 (Angle) 260 755 495 150.9 0.63 0.005 0.11--------------------------------------------------------------------------4 (Angle) 0 120 120 35.6 0.19 NA NA--------------------------------------------------------------------------4 (Angle) 410 515 105 32.0 0.27 0.001 0.10--------------------------------------------------------------------------4 (Angle) 620 665 45 13.7 0.28 0.010 0.10--------------------------------------------------------------------------5 (Angle) 330 800 470 143.3 0.39 0.006 0.06--------------------------------------------------------------------------6 (Vert) 0 235 235 71.6 0.32 NA NA--------------------------------------------------------------------------



Mike Clarke, Vice-President of Exploration states, "We are very encouraged by these results. They confirm the exploration target concept and promise to lead quickly to an expansion of the present in-pit reserves as well as to the discovery of additional resources beyond the pit."

These holes complete the initial phase of an exploration program targeting a previously unrecognized faulted extension of the main Rosemont deposit. The in-pit portion of this target is located immediately west of the main Rosemont deposit. This new zone consists of the original western edge of the Rosemont deposit that has been faulted and displaced to the north and not previously drilled.

The Phase 1 exploration program has focused on verifying an updated geological model based on recent geophysical surveys and mapping. With the receipt of these positive results, Phase 2 of the program will now focus on infill drilling to accomplish the definition of an expanded mineral resource and mineral reserve update by Q4 2008. The objective of the program is to increase the existing reserve as well as convert in-pit waste to mineral reserve. The net effect should be to reduce the stripping ratio of the presently designed feasibility pit.

The same faulted extension is also the subject of an exploration drilling program located north of the present design pit to test the down-dip extension of mineralization mined historically in the Narrangansett area. Mineralization in this area is hosted by the Abrigo and Martin carbonate rock units proven to be highly favorable hosts of high-grade mineralization elsewhere in Arizona. The target beneath Narrangansett is deep, high-grade mineralization amenable to underground mining.

Qualified Person

These drill results have been prepared under the guidance and supervision of Mike Clarke, VP Exploration for Augusta Resource. Dr. Clarke, who is the designated Qualified Person, has a Ph.D. in Geology, over thirty years of international industry experience and the ability and authority to verify the data herein.

Letter of Award for Mill Drives

Augusta's wholly owned subsidiary, Rosemont Copper Company, has signed a Letter of Award for approximately US$42 million with ABB Switzerland Ltd. ("ABB") for the supply of three gearless mill drives needed for the construction of the Rosemont Copper mine near Tucson, Arizona. These drives will be installed on the Polysius supplied mills ordered back in December 2007. ABB's scope of supply includes a 16 MW gearless mill drive system for a 36' diameter SAG mill and two 16MW gearless mill drive systems for 26' diameter ball mills.

Hanspeter Erb, Head of ABB Switzerland Drives Applications, said, "Quality teamwork and customer service are decisive when driving the heart of any mining operation. The ABB and Polysius worldwide experience come together for this important Rosemont investment in superior efficiency, reliability and output."

ABB (www.abb.com) is a leader in power and automation technologies that enable utility and industry customers to improve their performance while lowering the environmental impact. The ABB Group of companies operates in approximately 100 countries and employs more than 110,000 people.

ABOUT AUGUSTA RESOURCE CORPORATION - Augusta Resource Corporation is a base metals company focused on advancing the Rosemont Copper deposit located near Tucson, Arizona. Rosemont currently hosts a 7.2 billion pound copper resource that will account for 10% of US copper output once in production in 2011. The deposit contains an additional 180 million pounds of molybdenum and 75 million ounces of silver. A robust feasibility study was completed in August 2007, and the Company is now working through the National Environmental Policy Act permitting process. The exceptional experience and strength of our management team, combined with the developed infrastructure and robust economics of this project, will propel Augusta to become a solid mid-tier copper producer within the next three years. The company is traded on the American Stock Exchange and the Toronto Stock Exchange under the symbol AZC, and on the Frankfurt Stock Exchange under the symbol A5R.

ON BEHALF OF THE BOARD OF DIRECTORS

Gil Clausen, President and CEO

[Popeye82]

Rosemont Copper Awards EPCM to M3 Engineering and Appoints Mine Manager - 17.04.08
www.24hgold.com/viewcompanyarticle.aspx?langue=en&articleid=…

und recht frische Presentation - 03.08
www.augustaresource.com/upload/PowerPoint/04-01-08_AZC_Web_P…

[Popeye82]

CIBC World Markets Initiates Research Coverage on Augusta
Resource Corporation - 21.05.08
www.24hgold.com/viewcompanyarticle.aspx?langue=en&articleid=…

[Popeye82]

Augusta Secures US$40 Million Facility with Sumitomo
Tuesday June 17, 9:33 am ET

www.24hgold.com/viewcompanyarticle.aspx?langue=en&articleid=…

[geldspender]

Geht es hier um diese Aktie? AUGUSTA RESOURCE C
Soeben wurde nun bekannt, dass Silver Wheaton gute 11 % der Aktien von „........“ erworben hat und sich weitere Zukäufe offenhält. Dies ist ein ganz starkes Zeichen. Denn: Silver Wheaton ist das größte an der Börse gehandelte Unternehmen, das sich allein auf den Abbau von Silber konzentriert.
500 bis 1000 Prozent sind ein realistischer Fahrplan für die Kursentwicklung dieser absoluten Rohstoffperle in den nächsten Jahren.

[Popeye82]

Augusta Announces Corporate Initiatives-Retains TD Securities as Advisor
Monday November 3, 9:01 am ET
http://biz.yahoo.com/iw/081103/0448613.html

[grasgruener]

Augusta, Silver Wheaton sign new LOI for silver sales


2008-10-31 19:18 ET - News Release

Also News Release (C-SLW) Silver Wheaton Corp


Mr. Gil Clausen of Augusta reports

AUGUSTA SIGNS NEW LETTER OF INTENT WITH SILVER WHEATON

Augusta Resource Corp. has signed a letter of intent with Silver Wheaton Corp. (TSX: SLW) (NYSE: SLW) dated Oct. 31, 2008, regarding a new silver purchase agreement. The new letter supersedes the Dec. 19, 2007, letter of intent between Silver Wheaton and Augusta. An update of Augusta's August, 2007, bankable feasibility study, reflecting an increased mineral resource, is expected to be completed by the end of December, 2008, following which Silver Wheaton and Augusta intend to discuss an efficient structure for a transaction between them. Both companies consider that it is in their best interests to negotiate and complete the new transaction based on a percentage of silver to be determined once the updated study has been completed.

We seek Safe Harbor.

[grasgruener]

Augusta increases resource at Rosemont project


2008-10-23 09:32 ET - News Release

Mr. Gil Clausen reports

AUGUSTA'S ROSEMONT COPPER ANNOUNCES LARGER RESOURCE, IMPROVED METALLURGY AND USFS DECISION DATE FOR PERMITTING

Augusta Resource Corp. has provided a corporate update on development activities relating to its Rosemont copper project in Arizona.

Updated mineral resource statement

Augusta has recently completed an updated resource calculation for Rosemont, showing a total (oxide, mixed, sulphide) measured and indicated mineral resource increase of 386 million pounds of copper equivalent, which represents a 5-per-cent increase over the previous resource calculation. The associated inferred resource has increased by 14 per cent on the basis of an additional 268 million pounds of copper equivalent. This updated Rosemont resource incorporates the results from 20 new core holes drilled during 2008, as well as the sampling of 10 previously unsampled geotechnical holes from 2006. The new drilling information has also contributed to a greater understanding of the geology of the deposit that has identified a zone of partial oxidation, consisting of "mixed" secondary oxides, secondary sulphides, and primary sulphides, which have been delineated and separated out for the new mineral resource tabulation. The mixed material occurs along a structural zone in the northwest deposit area. The attached tables present the estimated mineral resources.


ROSEMONT PROJECT MEASURED AND INDICATED MINERAL RESOURCES

Sil- % Cop- Lb Lb Lb
Tons Cop Molyb- ver per Cu Mo Oz Ag CuEq.
Cut-off (mill- per- denum (oz/t equiv- (mill- (mill- (mill- (mill-
(% Cu) ions) (% Cu) (% Mo) Ag) alent ions) ions) ions) ions)

Measured mineral
resources
Oxides: 0.10 21.6 0.20 - - 0.20 85 - - 85
Mixed: 0.25 4.7 0.67 0.007 0.08 0.80 63 0.7 0.4 75
Sulphides:0.20 119 0.54 0.016 0.15 0.82 1,280 38.1 17.6 1,950

Indicated mineral
resources
Oxides: 0.10 81.7 0.20 - - 0.20 332 - - 332
Mixed: 0.25 32.2 0.51 0.005 0.05 0.59 326 3.2 1.5 383
Sulphides:0.20 405 0.48 0.015 0.12 0.74 3,910 121.4 49.0 5,990

Measured and
indicated mineral
resources
Oxides: 0.10 103.4 0.20 - - 0.20 417 - - 417
Mixed: 0.25 36.9 0.53 0.005 0.05 0.62 389 3.9 1.9 458
Sulphides:0.20 524 0.50 0.015 0.13 0.76 5,190 159.5 66.6 7,940



ROSEMONT PROJECT INFERRED MINERAL RESOURCES

Sil- % Cop- Lb Lb Lb
Tons Cop Molyb- ver per Cu Mo Oz Ag CuEq.
Cut-off (mill- per- denum (oz/t equiv- (mill- (mill- (mill- (mill-
(% Cu) ions) (% Cu) (% Mo) Ag) alent ions) ions) ions) ions)

Inferred mineral
resources
Oxides: 0.10 30.4 0.24 - - 0.24 147 - - 147
Mixed: 0.25 14.5 0.42 0.004 0.02 0.48 121 1.2 0.2 139
Sulphides:0.20 161 0.45 0.008 0.07 0.59 1,440 25.7 10.9 1,880

Mineral resource reported within a revised resource pit shell.
Copper equivalence is based on prices of $1.25 per pound copper,
$18.00 per pound molybdenum and $8.50 per ounce silver, with no
applied recovery factors.


The new measured and indicated oxide mineral resource has added 29 million tons, an increase of 39 per cent to the previously calculated resource, at about the same grade of 0.20 per cent Cu. This represents an increase of 120 million pounds of copper. The inferred oxide mineral resource copper content has increased by 21 per cent.

The new measured and indicated sulphide, plus mixed resource, has added 18 million tons, an increase of 3 per cent to the previously calculated resource, at about the same grade of 0.50 per cent Cu. This represents an increase of 266 million pounds of copper equivalent. This sulphide plus mixed summation includes mixed mineral resources of 37 million tons at a 0.53 per cent Cu grade, containing a total of 458 million pounds of copper equivalent. Inferred total sulphide (sulphide plus mixed) pounds of copper equivalent have increased by 14 per cent.

Augusta retained WLR Consulting, Inc. (WLRC) of Lakewood, Colo., to estimate the Rosemont mineral resources as part of a feasibility study update that is presently in progress. The mineral resource estimation work was performed by or under the direction of William L. Rose, PE, WLRC's principal mining engineer and an independent qualified person under the standards set forth by Canadian National Instrument 43-101. An NI 43-101 technical report on the updated mineral resource estimate will be filed within the next 45 days under the company's profile on SEDAR as well as at the company's website.

Metallurgical update

Flotation testwork has continued since the publication of previous results in the August, 2007, bankable feasibility study (BFS). This program has utilized a representative composite sample approximating the first three years of mine production prepared from the drill hole samples.

The aim of the testwork for the three-year mine composite was firstly to vary the operating conditions in the flotation circuit to optimize and improve the recoveries for copper, molybdenum and silver; secondly to produce concentrate samples for marketing purposes; and finally to produce tailings samples for further filtration characterization testwork for the final engineering design. The results, using a newly developed set of reagents, have been encouraging to date and have produced the following overall recovery ranges for the individual metals -- molybdenum 70 per cent to 75 per cent, silver 78 per cent to 80 per cent and copper 84 per cent to 86 per cent. This compares with 2007 BFS recovery estimates of molybdenum 56 per cent, silver 78 per cent and copper 84 per cent.

The trend that the testwork represents is of financial importance. The BFS project economics indicate a three-year payback. Thus any increase in recoveries in this period will allow for improved metal production and cash flow. Further detailed metallurgical testwork continues on the balance of mine life production for completion of a BFS update expected by the end of fourth quarter 2008 or early first quarter 2009.

Permitting progress

Significant progress has been made in advancing Rosemont's permitting plan, including:


Completion of an extended scoping comment period by the U.S. Forest Service (USFS);


Initiation of detailed mitigation planning by Rosemont;


Modification of the memorandum of understanding (MOU) between the USFS and Rosemont Copper Company;


A revised schedule from the USFS for the Rosemont environmental impact statement (EIS) and issuance of the record of decision;


Acceptance of the Rosemont mine land reclamation plan as administratively complete by the Arizona State Mine Inspector;


Completion of a groundwater monitoring well system around the proposed Rosemont project site.

The revised EIS timeline issued by the USFS sets out detailed specific steps in the process and calls for a record of decision on Rosemont in July, 2010. This is positive news for the project as the new schedule includes regional office review of each step in the process, includes additional public participation in the form of working groups, and for the first time sets a date for the record of decision.

Silver Wheaton agreement update

The completion of the definitive agreement based on the terms of the binding letter of intent for the Silver Wheaton transaction had been extended by the parties to enable the corporate restructuring proposed in the transaction. The company has recently completed this restructuring, and continues to work diligently to finalize this agreement with Silver Wheaton.

We seek Safe Harbor.

[viena]

Die Aktie wird irgendwann auch wahrgenommen..Lass Kupfer mal wieder kommen....

[grasgruener]

Antwort auf Beitrag Nr.: 37.017.058 von viena am 22.04.09 13:51:56

du hier haste die Dicke im Depot oder "nur" auf WL ?

[viena]

Antwort auf Beitrag Nr.: 37.045.909 von grasgruener am 27.04.09 12:57:42

ich warte auf den Einstiegszeitpunkt....wird bald soweit sein...

[grasgruener]

Antwort auf Beitrag Nr.: 37.045.920 von viena am 27.04.09 13:00:01

kannst du ein Signal senden, wenn du dabei bist?

[Popeye82]

Augusta Updates Permitting Schedule for Rosemont Copper Project -Oct 19, 2009
www.marketwire.com/press-release/Augusta-Resource-Corporatio…