Resinco CP (RIN.TO) - Neustart mit langfristiger Erfolgsaussicht (Seite 105)

[Hanfy]

Salmon River's Manning North at 124 mt of 25.35% Fe inf

2011-12-20 16:10 ET - News Release

Mr. J.G. Stewart reports

SALMON RIVER RESOURCES LTD.: INITIAL RESOURCE ESTIMATE FOR THE MT. MANNING NORTH (E77/1209) IRON ORE DEPOSIT

Salmon River Resources Ltd. has released an initial mineral resource estimate for the first-phase drilling program at its Mount Manning North iron ore project (E77/1209) in the Yilgarn region of Western Australia. This update should be read in conjunction with the previous update of Oct. 11, 2011, which describes the tenement, geology and drilling program.

Highlights

An initial mineral resource estimate for the Mount Manning North iron ore deposit comprises 124 million tonnes at 25.4 per cent iron. This is an inferred mineral resource estimate prepared in accordance with the NI 43-101 disclosure standards.

  TOTAL INFERRED MINERAL RESOURCE ESTIMATE AT A 20-PER-CENT-IRON CUT-OFF   



                         Tonnes     Fe    SiO2    Al2O3      P      S    LOI

Category     Domain         (mt)    (%)     (%)      (%)    (%)    (%)    (%)



Inferred   Oxidized          43  25.43   52.85     3.29   0.05   0.48   1.90

              Fresh          81  25.31   52.85     3.27   0.05   0.62   1.35

Total                       124  25.35   52.85     3.28   0.05   0.57   1.54

Further highlights:

* Modelling and estimation for iron concentrate are currently being undertaken, and initial findings show excellent potential for producing a saleable concentrate.
* Reported resource covers only about 4 per cent of the approximately 60-kilometre total strike length of the BIF structures present within Treppo Grande iron ore tenements that have the potential to host both magnetite and hematite iron ore mineralization and remain open along strike and at depth, indicated by the recently completed drilling program, as well as previous ground and airborne and magnetic surveys.
* Detailed resource definition drilling is planned in 2012.

Resource overview

[...]

http://www.stockwatch.com/News/Item.aspx?bid=Z-C:SAL-1912979…


Salmon receives TSX-V approval for debt settlement

2011-12-20 13:44 ET - News Release

Mr. Jim Stewart reports

SALMON RIVER CONCLUDES DEBT SETTLEMENT

The TSX Venture Exchange has approved Salmon River Resources Ltd.'s proposal to settle indebtedness of $600,000 by the issuance of 1,714,285 shares of the company at a price of 35 cents per share (see news release dated Nov. 27, 2011).

All shares issued pursuant to this debt settlement are subject to a four-month hold period expiring on April 16, 2012, in accordance with the policies of the TSX Venture Exchange and applicable securities legislation.

http://www.stockwatch.com/News/Item.aspx?bid=Z-C:SAL-1912924…

[allida]

PRESS RELEASES 12/19/2011 9:00:00 AM | Marketwire News
Resinco(R) Capital Partners Inc. Releases November 2011 Net Asset Value
December 19, 2011 - 09:00:00 AM VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 19, 2011) - Resinco(R) Capital Partners Inc. ("Resinco") (TSX:RIN)(FRANKFURT:L6V) announces that it is publishing its net asset value (NAV) for the end of November 2011. As of November 30th, 2011 Resinco's unaudited NAV per share was $0.09. The closing price of $0.05 on November 30th, 2011 represents a 44.4% discount to the NAV.

Use of Non-GAAP Financial Measures

NAV is a non-GAAP financial measure calculated as the value of total assets less the value of total liabilities divided by the total number of common shares outstanding as at a specific date. The term NAV does not have any standardized meaning according to GAAP and therefore may not be comparable to similar measures presented by other companies. There is no comparable measure presented in Resinco's financial statements and thus no applicable quantitative reconciliation for such non-GAAP financial measure.

[Hanfy]

Insider Overview :: Woulfe Mining Corp. (V:WOF)

Dec 16/11 Dec 15/11 Icke, John Robert Direct Ownership Options 50 - Grant of options 250,000

http://www.canadianinsider.com/node/7?menu_tickersearch=wof


Woulfe Mining grants options to buy 5.75 million shares

2011-12-15 10:59 ET - News Release

Mr. Brian Wesson reports

WOULFE MINING GRANTS STOCK OPTIONS

Woulfe Mining Corp., subject to TSX Venture Exchange approval, has granted 5.75 million incentive stock options to its directors, officers, employees and consultants of the company. The options have a term of five years and are exercisable at a price of 17.5 cents per share.

http://www.stockwatch.com/News/Item.aspx?bid=Z-C:WOF-1911545…


Woulfe to lend $1.14-million to private company

2011-12-12 19:16 ET - News Release

Mr. Brian Wesson reports

WOULFE MINING: LOAN TO A RELATED PARTY

Woulfe Mining Corp. has approved the short-term lending of $1.14-million to a private company owned and controlled by two directors of the company, being Brian and Amelia Wesson, for the purposes of exercising warrants held in the company due to expire on Dec. 17, 2011. The loan is due for repayment in full not later than June 1, 2012, and is secured with a promissory note and a general security agreement over the assets of the borrower and bears interest at prime plus 5 per cent per annum, which terms the board of directors has concluded constitutes reasonable commercial terms that are not less advantageous to the company if the loan were made to a person dealing at arm's length with the company.

As Mr. Wesson is president, chief executive officer and a director of the company and Ms. Wesson is a director of the company, the loan is a related-party transaction within the meaning of Multilateral Instrument 61-101 (incorporated by reference into TSX Venture Exchange Policy 5.9). As a related-party transaction, the following additional disclosures are provided (following the listing of disclosures in Section 5.2 of MI 61-101).

The review and approval process that has been adopted by the directors for this transaction is as follows:

* The independent members of the board of directors of the company approved the borrowing of the funds.
* The company has determined that distribution of an information circular to shareholders, preparation and distribution of a formal valuation, and seeking of shareholder approval of the loan are not necessary under MI 61-101 (including TSX Venture Exchange's Policy 5.9, which incorporates such policy by reference) because:
*
o The transaction being a simple loan transaction (with no securities being issued) does not fall within the types of transactions listed in paragraphs of (a) to (g) of the definition of related-party transaction for which MI 61-101 would require a formal valuation.
o The transaction being a loan for an amount representing 2 per cent of the market capitalization of the company, the loan transaction falls with an exemption to the minority approval requirements described in Section 5.7 (1) (a) of MI 61-101.
o The disinterested directors of Woulfe (that is, those other than Mr. and Ms. Wesson) have all approved the transactions.

We seek Safe Harbor.

http://www.stockwatch.com/News/Item.aspx?bid=Z-C:WOF-1910477…

[Hanfy]

Pinetree Capital acquires one million Salmon shares

2011-12-15 10:09 ET - News Release

See News Release (C-PNP) Pinetree Capital Ltd

Mr. Sheldon Inwentash of Pinetree reports

PINETREE CAPITAL LTD. ACQUIRES SECURITIES OF SALMON RIVER RESOURCES LTD.

Pinetree Capital Ltd., on Dec. 14, 2011, acquired ownership of one million common shares of Salmon River Resources Ltd., representing approximately 2.3 per cent of the total issued and outstanding common shares of Salmon River as of Dec. 14, 2011. As a result of this transaction, Pinetree and its joint actors collectively held, as at Dec. 14, 2011, a total of 6.25 million common shares of Salmon River, including the common shares, or approximately 14.2 per cent of the total issued and outstanding common shares of Salmon River as of Dec. 14, 2011. Of these totals, Pinetree owns 3.25 million common shares, including the common shares, directly, or approximately 7.4 per cent of the total issued and outstanding common shares of Salmon River as of Dec. 14, 2011.

This transaction was made for investment purposes and Pinetree, or its joint actors, could increase or decrease its/their investment in Salmon River depending on market conditions or any other relevant factor.

http://www.stockwatch.com/News/Item.aspx?bid=Z-C:SAL-1911527…


Salmon River exercises option to acquire Treppo Grande

2011-12-15 09:34 ET - News Release

Mr. Jim Stewart reports

SALMON RIVER EXERCISES TREPPO GRANDE OPTION AND MODIFIES AGREEMENTS TO INCLUDE DEFERRED PAYMENT

Salmon River Resources Ltd. has exercised the Option to acquire a 100-per-cent interest in Treppo Grande Iron Pty. Ltd. (see news release dated June 16, 2010), a private Australian company which holds five granted tenements in the Yilgarn craton of southwestern Australia, including the highly prospective Mt. Manning iron ore prospects (see exploration updates of Aug 26, 2010, Aug. 2, 2011, Sept. 1, 2011, and Oct. 11, 2011).

In order to accommodate payment terms of the option exercise with the expected closing of the financing with General Steel Group (see news release dated Nov. 4, 2011), the optionor and Salmon River have agreed to modify the date for completion of payment under the option and to make other amendments to the purchase terms. Amendments to the terms include the following:

* Completion and payment of the final option payment of $100-million (Australian) may be delayed up to April 30 2012.
* Salmon River will pay to the optionor $1-million (Australian) for each calendar month that completion is delayed from Dec. 30, 2011.
* Precompletion payments made by the company to the optionor will be deducted from the purchase price if completion occurs, but are otherwise not refundable.
* The company will grant to the optionor a royalty of 50 Australian cents per tonne of iron ore produced from the tenement area from the commencement of first commercial mining on the tenements.

"The exercise of the Treppo Grande option is a major milestone for Salmon River and establishes our direct ownership of the highly perspective Treppo Grande tenements, including the Mt. Manning iron ore discovery," noted Doug Betts, Salmon River chair. "The amendment of the payment terms for the option exercise now allows adequate time for the company to close the significant transactions with General Steel Group and related financings. We now intend to move forward quickly to further develop the Treppo Grande iron ore project."

We seek Safe Harbor.

http://www.stockwatch.com/News/Item.aspx?bid=Z-C:SAL-1911484…


Salmon River completes $1.44-million first tranche

2011-12-14 14:02 ET - News Release

Mr. Jim Stewart reports

SALMON RIVER CLOSES INITIAL TRANCHE OF PRIVATE PLACEMENT RAISING C$1,440,000

Salmon River Resources Ltd. has closed an initial tranche of the previously announced non-brokered private placement (see news release of Nov. 4 and 10, 2011) issuing a total of 4,800,006 common shares at a price of 30 cents per share to raise a total of $1.44-million. The company anticipates closing on additional funds up to the previously announced $2.1-million maximum issue size. In connection with the private placement, Salmon River will pay finders' fees of cash commissions in an amount equal to 8 per cent of the proceeds from the sale of the common shares to subscribers and options to acquire that number of common shares equal to 8 per cent of the number of common shares sold to subscribers. Such options will be exercisable for 18 months following their date of issue.

All shares issued pursuant to this placement are subject to a four-month hold period expiring on April 14, 2012, in accordance with the policies of the TSX Venture Exchange and applicable securities legislation. The net proceeds of the non-brokered private placement will be used primarily for legal and other expenses expected to be incurred in connection with the investment framework agreement and the Treppo Grande option.

We seek Safe Harbor.

http://www.stockwatch.com/News/Item.aspx?bid=Z-C:SAL-1911140…

[Hanfy]

Lions Gate Metals drills 179 m of 0.74% CuEq at Poplar

2011-12-15 09:13 ET - News Release

Mr. Arni Johannson reports

LIONS GATE METALS INTERSECTS NEW ZONE OF 0.74% COPPER EQUIVALENT OVER 179.17 METRES AT POPLAR PROJECT

Lions Gate Metals Inc. has released assay results from four more holes from the recently completed 29-hole, 10,913.93-metre diamond drill program at the Poplar project.

Hole 11-PC-99 drilled the central part of the main mineralized zone and tested the extension of the mineralization intersected in hole 11-PC-88 (see news release dated April 13, 2011). Holes 11-PC-98, 100 and 101 were drilled approximately 100 metres apart along an east-west fence on the southern side of the main zone of mineralization.

                                                                                                             

Hole         From       To    Width      Cu      Mo       Au       Ag     CuEq 

               (m)      (m)      (m)     (%)     (%)    (g/t)    (g/t)      (%)



11-PC-98     3.16   453.24   450.08    0.06    0.00     0.01     0.87     0.09

Including  108.27   308.10   199.83    0.09    0.00     0.02     0.75     0.13

           170.08   308.10   138.02    0.10    0.01     0.02     0.85     0.14

11-PC-99    53.60   502.01   448.41    0.34    0.02     0.11     2.12     0.53

Including   53.60   414.59   360.99    0.37    0.02     0.12     2.32     0.60

           235.42   413.59   179.17    0.46    0.03     0.18     3.04     0.74

11-PC-100    7.27   553.82   546.55    0.09    0.01     0.02     1.61     0.16

Including  146.12   303.62   157.50    0.13    0.01     0.03     2.60     0.21

           194.39   254.89    60.50    0.19    0.01     0.05     2.79     0.29  

           368.65   401.77    33.12    0.14    0.01     0.03     7.26     0.29

           479.97   553.82    73.85    0.18    0.02     0.05     0.96     0.33

11-PC-101    2.66   502.01   499.35    0.04    0.00     0.01     0.57     0.06

Including  154.95   351.35   196.40    0.07    0.00     0.02     0.96     0.10

           154.95   291.35   136.40    0.08    0.00     0.02     1.24     0.12

Peter Ogryzlo, MSc, PGeo, technical adviser to Lions Gate Metals, states: "Diamond drill hole 11-PC-99 represents the longest continuously mineralized intersection from the Poplar deposit since drilling began in 1974. The 0.74-per-cent-copper-equivalent grade over 179.17 metres is the highest grade intercept of this length reported from Poplar. The mineralization in this hole and in the lower portions of 11-PC-97 (see news release dated Dec. 6, 2011) have intersected a zone of high-grade mineralization at depth which has not been previously tested."

Copper equivalent (CuEq) calculations were based on equivalency factors of CuEq equals copper multiplied by one, gold (CuEq) equals gold multiplied by 0.57291667, silver (CuEq) equals silver multiplied by 0.01041667, and metal prices of $2.80 per pound copper, $16 per pound molybdenum, $1,100 per troy ounce gold, $20 per troy ounce silver. The equivalency factor for molybdenum is molybdenum (CuEq) equals molybdenum multiplied by 5.71428571. However, the molybdenum values intersected in 11-PC-104 may not be recoverable and are not used in the calculation of copper-equivalent grade. Metal recoveries are not used, as metallurgical studies are incomplete.

The 100-per-cent-owned Poplar project has an NI 43-101-compliant resource of 245 million tonnes grading 0.27 per cent copper, containing 1.4 billion pounds of copper, at a 0.15-per-cent-copper cut-off. This resource estimate was prepared by Giroux Consultants Ltd. (see news release dated Aug. 23, 2011), and was based on 105 historical drill holes and 13 diamond drill holes totalling 5,569 metres completed by Lions Gate in the spring of 2011. The phase two drill program will provide enough data for an estimate of gold and silver grades, in addition to copper and molybdenum grades. An updated resource estimate is anticipated in the spring of 2012 when all results from the phase two drilling have been received and compiled.

2011 milestones:

* Completed an NI 43-101-compliant resource calculation for Poplar;
* Completed over 16,000 metres of drilling at costs below $200 per metre at Poplar;
* Improved the company's corporate governance practices to include a fully independent audit committee;
* Filed an annual information form which will enhance capital market access;
* Negotiated option to earn 75 per cent of ROK-Coyote;
* Completed preliminary exploration at ROK-Coyote, Poplar Regional and Hudson Bay Mountain;
* Staked additional claims to the southwest of the Poplar project.

2012 goals:

* Publish an updated NI 43-101 resource estimate for Poplar;
* Continue drilling to expand and enhance the Poplar project;
* Continue exploration of Poplar Regional to include geophysics and drill targets;
* Drill target identification and possible drilling at ROK-Coyote.

Andrew Gourlay, PGeol, vice-president, exploration, is a qualified person under NI 43-101, and has reviewed and approved the contents of this news release.

We seek Safe Harbor.

http://www.stockwatch.com/News/Item.aspx?bid=Z-C:LGM-1911455…

[greywolfe]

Antwort auf Beitrag Nr.: 42.447.546 von Hanfy am 07.12.11 00:17:59

Thx Hanfy - unter Nachhaltigkeit und Entwicklung versteht er wohl den Erhalt der Manager durch bezahlen von Gehalt;-)

[Hanfy]

Teslin River agreement for 75% of Frasergold property

2011-12-06 20:31 ET - Property Agreement

The TSX Venture Exchange has accepted for expedited filing documentation of an option agreement dated Nov. 21, 2011, between Teslin River Resources Corp. and Eureka Resources Inc. whereby the issuer may acquire up to a 75-per-cent interest in and to the Frasergold gold exploration property located in central British Columbia.

The issuer has the right to earn an initial 51-per-cent interest by spending $3.55-million on the property and providing cash payments to Eureka totalling $200,000 over a three-year period. An additional 24-per-cent interest (totalling 75 per cent) can be earned by additional cash payments of $1.25-million; share issuances of one million common shares of the issuer and completing a feasibility study.

http://www.stockwatch.com/News/Item.aspx?bid=Z-C:TLR-1909020…

[Hanfy]

Antwort auf Beitrag Nr.: 42.432.304 von Hanfy am 02.12.11 18:48:22

die antwort von john icke bzgl. NKL:

Dear Sir,

Thank you for your inquiry. NKL shares were sold as you correctly observed. The funds derived from the disposal have been re-invested in the sustainability and development of the company.

We do not provide any other specific details other than those we publish in our public filings.

[...]

Please note that as President & CEO
I have purchased and own 7.9 million [RIN] shares.

Yours truly,

John Icke
President & CEO

[Hanfy]

Lions Gate Metals drills 147 m of 0.68% CuEq at Poplar

2011-12-06 06:13 ET - News Release

Mr. Blair McIntyre reports

LIONS GATE METALS INTERSECTS 0.68% COPPER EQUIVALENT OVER 147.87 METRES AT POPLAR PROJECT

Lions Gate Metals Inc. has released assay results from hole 11-PC-97, the second hole released from the recently completed 29-hole, 11,913.93-metre diamond drill program at the Poplar project. Hole 11-PC-97 was located along the northern side of the main zone of mineralization. Results indicate the zone remains open to the north and at depth. The hole intercepted mineralization over its entire length.

Results are shown in the associated table.

[...]

http://www.stockwatch.com/News/Item.aspx?bid=Z-C:LGM-1908650…


Teslin River appoints Hitch to board, Kerr resigns

2011-12-02 16:34 ET - News Release

Mr. John Burgess reports

TESLIN RIVER RESOURCES CORP.: DR. MICHAEL HITCH APPOINTED TO THE BOARD OF DIRECTORS AND THE POSITION OF VICE PRESIDENT OF EXPLORATION

Dr. Michael Hitch, PGeo, PEng, has been appointed to Teslin River Resources Corp.'s board of directors and as vice-president of exploration.

Dr. Hitch is a PhD-level geologist and mining engineer. He has spent the past 25 years in the global mining industry in capacities including exploration, investment banking, academia and research, and senior management of both large multinational and small junior mining companies. Dr. Hitch's particular expertise is surface mining development, operations and bulk materials movement, with mines in localities such as Indonesia, China, Southern Africa, Peru and Canada. Dr. Hitch is a qualified person as that term is defined under NI 43-101.

"The company is delighted with Dr. Hitch's appointment and look forward to the input his years of knowledge and experience offers," stated Teslin president and chief executive officer John Burgess.

The company has received and accepted the resignation of John Kerr. Mr. Kerr served as both a board member and as vice-president of exploration. Mr. Kerr will remain working with the company as a technical adviser on its advisory board.

"The company wishes to thank John for his contribution and guidance during his tenure with the company. His advice and technical assistance with the Mustang and Morning Star projects located in the Walker Lane trend of Nevada has been greatly appreciated," further stated Mr. Burgess.

We seek Safe Harbor.

http://www.stockwatch.com/News/Item.aspx?bid=Z-C:TLR-1907990…


Updates to 43-101

mikerodger2
posted on 12/5/2011 11:22:40 AM | 48 reads | Post #122790

I had recently run into the changes to the 43-101 with Teslin River. They acquired the Frasergold property. That property had a 43-101 compliant resource defined by the previous owner. However, once the property passed to Teslin, it was considered "historic" and no longer 43-101 compliant.

Personally, I think this is overkill. But perhaps there are good reasons that will come to light. A summary of the changes to the 43-101 are here:

http://resourceinvestingnews.com/27430-gowlings-review-minin…

http://www.stockhouse.com/Blogs/ViewDetailedPost.aspx?p=1227…

[greywolfe]

Antwort auf Beitrag Nr.: 42.432.304 von Hanfy am 02.12.11 18:48:22

Hanfy,
vorerst thx! Ja, RINs Schicksal scheint wohl WOF zu sein B-(