Anooraq Resources (ARQ.V) - 500 Beiträge pro Seite

[gholzbauer]

http://www.hdgold.com/Anooraqfl.htm






December 13, 2000, Vancouver, BC – Ronald W. Thiessen, President of Anooraq Resources Corporation (CDNX:ARQ) announces that Anooraq has amended the terms of 3,774,718 outstanding share purchase warrants (the “Warrants”) and 200,000 Agent’s Compensation Option (the Compensation Options”) exercisable at $0.85 until December 21, 2000. The term of the Warrants and the Compensation Options (inclusive of warrants issuable on exercise of the Compensation Options) has been extended for one year until December 21, 2001. The exercise price remains unchanged. The amendment is subject to CDNX acceptance.
On Behalf of the Board of Directors
Ronald W. Thiessen
President, CEO and Director




ANOORAQ ACCELERATES PLATREEF ACQUISITION
June 5, 2001, Vancouver, BC - Ronald W. Thiessen, President and CEO of Anooraq Resources Corporation (CDNX-ARQ) is pleased to announce that Anooraq has agreed to accelerate the buy-out of 100% of the balance of its South African subsidiary Plateau Resources (Pty) Limited from Pinnacle Resources Inc., Plateau`s other principal shareholder. The acquisition of the remaining outstanding shares of Plateau by Anooraq represents a re-structuring of prior agreements with Pinnacle and will allow Anooraq to focus its PGM exploration work in the Platreef region entirely through Plateau. Anooraq will issue to Pinnacle 7.5 million Anooraq shares and 4.5 million Anooraq share purchase warrants to complete the acquisition of Pinnacle`s remaining interest in Plateau. Anooraq currently has 14.1 million shares outstanding and this issuance will effectively represent a 30% equity interest (undiluted) in Anooraq. Pinnacle has also agreed to enter into a share resale and voting trust arrangement with Anooraq. These agreements will help ensure an orderly market for Anooraq and continuity of its current management. Pinnacle will nominate two additional members to the Anooraq Board of Directors. The new agreement with Pinnacle is subject to Canadian Venture Exchange (CDNX) acceptance.
Over the last two years Anooraq has funded extensive exploration work on Plateau`s 9600 hectare Platreef property which is located on the northern limb of the prolific Bushveld layered mafic intrusive complex. The Platreef property covers 12 kilometres of strike length of the PGM-bearing Platreef horizon and lies immediately adjacent to Anglo American Platinum Corporation`s property which hosts eight deposits totalling 55 million ounces of PGM resources, including the Sandsloot open pit mine (47 million tonnes grading 4.8 g/t PGM+Au). Anooraq is also negotiating to acquire other strategically located parcels in the region.
Platinum group metals (PGM) are hosted in the Platreef horizon, which is stratigraphically equivalent to the Merensky reef located on other limbs of the Bushveld. However, Platreef mineralization is considerably thicker (up to 50 metres) than Merensky reef mineralization which is typically 1 to 3 metres thick. Compared to the Merensky Reef, which is mined by labour intensive underground methods, the Platreef is amenable to low-cost large-scale surface mining methods. For PGM explorers, this feature makes the Platreef one of the most attractive exploration targets in the world and the northern limb of the Bushveld has seen a dramatic increase in exploration activities over the past year. With announced plans to increase company production by an additional 2 million ounces per year, expectations are that Anglo Platinum will place other deposits on its Platreef ground on stream. African Minerals, a privately held affiliate of Ivanhoe Capital, is active on its ground which abuts Anooraq`s southern farm Rietfontein. Falconbridge acquired farms immediately to the south of African Minerals in October 2000 through an agreement with Thabex Exploration Limited. To the north, Australian junior, Pan Palladium Limited is planning an exploration program on their property.
Furthermore, Anglo Platinum has announced the planned construction and development of a PGM smelting and refining complex near the city of Pietersburg adjacent to the Platreef developments. With this obvious interest and development focus the Platreef is set to become one of the world`s major centres of PGM production. With the acquisition of 100% of Plateau Resources, Anooraq is positioned to be a prime player in one of the world`s premier PGM camps.
For further details on Anooraq Resources Corporation and the Platreef property, please visit our website at www.hdgold.com or contact Investor Services at [phone], or within North America, at 1-800-667-2114.


ADDITIONAL PLATREEF PROSPECTS OPTIONED
June 11, 2001, Vancouver, BC - Ronald W. Thiessen, President and CEO of Anooraq Resources Corporation (CDNX-ARQ) announces that Anooraq has, through Plateau Resources (Pty) Limited, been granted an option to acquire three additional properties which are contiguous to the Platreef Project properties. Under the terms of the option agreement Anooraq must issue to MSA Projects (Pty) Limited an aggregate of 500,000 shares as to: 75,000 shares on CDNX acceptance; 100,000 shares on or before October 23, 2001; 150,000 shares on or before October 23, 2002; and 175,000 shares on or before October 23, 2003. The transaction is subject to CDNX acceptance.



$3,200,000 PRIVATE PLACEMENT FINANCING ARRANGED
June 13, 2001, Vancouver, BC - Ronald W. Thiessen, President and CEO of Anooraq Resources Corporation (CDNX:ARQ) is pleased to announce that the Company has reached agreement in principle with certain private investors comprising sophisticated purchasers and accredited financial institutions in Canada, the United States and Europe to privately place 4,923,077 Units at a price of $0.65 per Unit. Management and associates have subscribed for approximately 27% of the total financing. Each Unit will comprise one common share and a share purchase warrant exercisable to purchase an additional share at a price of $0.70 for a one year period from the date of issuance. Anooraq will pay placement fees in accordance with CDNX Policies on a portion of the private placement. Proceeds from the placement will be used to further develop its existing South African Platreef PGM properties, continue assessing additional properties in the area and working capital. The financing is subject to regulatory approval.



ANOORAQ CONTINUES TO EXPAND PROPERTY POSITION OVER PLATREEF
July 3, 2001, Vancouver, BC – Ronald W. Thiessen, President and CEO of Anooraq Resources Corporation (CDNX:ARQ) is pleased to announce that the Company has acquired an additional 2,554 hectares of prospective ground adjoining the north end of its Platreef Property in South Africa. The Platreef Property, which is now 12,176 hectares in total is the second largest land package established on the North Limb of the Bushveld Complex. Anglo Platinum, the largest landholder in the area, has the ground immediately north and south of Anooraq.(see attached map)
Anooraq has acquired the right to purchase a 100% interest in farms Hamburg (2,126 hectares) and Elandsfontein Portion 1 (428 hectares) from Randex Limited, a private South African Company that owns 100% of the mineral rights. The Company has negotiated exclusive exploration rights for a 5-year period and can purchase the mineral rights at any time during this term by making a one-time cash payment. Consideration for the exploration rights is a payment of US $2.00 per hectare in year 1 (US $5,108 for year 1) escalating in stages to $4.50 per hectare in year 5 (US $11,493). There are no exploration work commitments. To purchase the farms outright a payment of US $325 per hectare is required if the option is exercised in year 1 (US $830,050); US $390 per hectare in year 2; US $455 per hectare in year 3; US $520 per hectare in year 4; and US $600 per hectare if the option is exercised in year 5.
The Elandsfontein Portion 1 mineral concession adds an additional 2.3 kilometres of surface strike extent of the prospective Platreef horizon to Anooraq’s property package bringing the total surface exposure on the Platreef Property to 14.6 kilometres. Hamburg is located immediately to the north of Elandsfontein and effectively covers an additional 4 kilometres of Platreef strike length but at depth. Hamburg and Elandsfontein are also prospective for PGM mineralization associated with dolomite rafts which lie stratigraphically above the Platreef horizon.
Anooraq continues to negotiate for additional ground on the Platreef.


Damit hat ARQ 26 Mio. Aktien und ca. 15 Mio. Optionen ausstehen, MKP bei 0.70C$ ca. 25 Mio. C$.

s. auch letzte Seite:
http://www.mustangminerals.com/articles/rvd021501.pdf

Die Frage ist nicht, ob die Bohrergebnisse gut sein werden, sondern wie gut sie sein werden.

[Dottore Lupo]

Die sind auch schon auf meiner Watchlist.

Aber für eine erfolgreiche PGM-Mine brauchst du einen der

Grossen im Boot, es muss der Produktionsprozess nicht in den Griff zu

bekommen sein ohne Experten know how.

cu DL

[gholzbauer]

Verarbeitungsanlagen der Amplats sollen ganz in der Nähe sein.

[gholzbauer]

http://www.minesite.com/archives/features_archive/2001/June-…

Anooraq Resources Tightens Up Its Position On The Northern Limb Of The Bushveld Complex

Not a lot has been heard of Anooraq Resources for the best part of a year so it is best to revisit its history. In October 1999 Canadian listed Anooraq acquired an option to buy Plateau Resources which holds 100 per cent of the Platreef property from Pinnacle Resources. The Platreef property is located on the northern limb of the Bushveld complex in South Africa and covers 12 kilometres of strike length of the PGM-bearing Platreef horizon. It lies immediately adjacent to property owned by Amplats which hosts eight deposits totalling 55 million ounces of PGM resources, including the Sandsloot open pit mine (47 million tonnes grading 4.8 g/t PGM+Au).

The following March drilling results outlined what Anooraq claimed to be significant platinum/palladium/rhodium/gold resources over 800 metres. This announcement was followed in July by confirmation that the company had discovered a new PGM deposit which had excellent continuity and was potentially amenable to open pit mining. The deposit has a tabular shape and is wide open down dip and along strike, and thick PGM build-ups occur at the limits of the present drilling on its open-ended western and northern flanks. In addition, the deposit contains internal zones of higher-grade with the highest grade horizons averaging greater than 6 grams PGM per tonne over 1.0 metres in thickness.

Virtually nothing has been heard from Anooraq since then, but this is not so surprising given that the two men behind the company are Bob Hunter and Bob Dickinson of the Hunter Dickinson group. They are well known in Canada as promoters and their projects are known as "Bob and Bob deals." They have a good reputation and tend to sell off to majors rather than following through to production. Having got on a good thing at Platreef they went to ground to ensure that Anooraq had the strongest possible position before revealing anything more in the way of exploration results.

Now Anooraq has announced that it has agreed to accelerate the buy-out of
100% of Plateau Resources so that it has direct involvement in the PGM exploration work in the Platreef region. The purchase will be funded by shares and warrants and simplifies the company structure in case Amplats wants to get more closely involved.

The Platreef has immense attractions to explorers as it is thicker than the Merensky Reef which is prevalent throughout the rest of the Bushveld complex. It can therefore be mined by large scale open pit methods which are considerably cheaper than underground mining. Amplats is now expected to place other deposits on its Platreef ground on
stream as part of its aim to increase production by 2 million ounces a year and this is good news for all the smaller companies in the area such as Anglo Platinum African Minerals, a privately held affiliate of Ivanhoe Capital, Thabex Exploration which is in joint venture with Falconbridge, and Australian listed Pan Palladium which is planning an exploration programme on its property.

As added incentive Amplats has announced that it plans to build a PGM smelting and refining complex near Pietersburg which is very close to the Platreef region. This will focus the eyes of the investment world on companies involved thereabouts and Bob and Bob have lost no time in ensuring that Anooraq will be a prime player. It hardly needs to be said that the company is also negotiating to acquire other strategically located properties in order to consolidate its position still further.

11 June 2001

--------------

[gholzbauer]

10/1/01

ANOORAQ RESOURCES CORP ("ARQ-V;ARQRF-0" ) -

MANAGEMENT DISCUSSION AND ANALYSIS

Anooraq Resources Corporation is engaged in mineral exploration. The Company`s principal interest is the Platreef Project, a platinum group metals (PGM) property in South Africa.

In January 2000, Anooraq acquired the right to purchase up to 100% of the shares of Plateau Resources (Pty.) Ltd. ("Plateau" ), a wholly owned South African subsidiary of Pinnacle Resources Inc. ("Pinnacle" ) that owns the Platreef property. Under that agreement, Anooraq could acquire up to a 70% interest by investing a total of $10 million in exploration over a four-year period. At that point Pinnacle would have the option to sell its remaining interest in Plateau to Anooraq for effectively a 30% interest in Anooraq.

On June 5, 2001, Anooraq and Pinnacle announced plans to re-organize the shareholdings of Plateau to effectively accelerate Anooraq`s acquisition of 100% of Plateau, allowing the Company to focus its work on the Platreef Project entirely through Plateau. Under the agreement, Anooraq would issue 7.5 million shares and 4.5 million share purchase warrants in consideration of the sale of Pinnacle`s remaining interest in Plateau, and, effectively, would provide Pinnacle with an approximate 34% (undiluted) interest in Anooraq. Canadian Venture Exchange ("CDNX" ) approval was received in early August, and the transaction was completed in September.

The Platreef property is located on the northern limb of the Bushveld Intrusive Complex, immediately adjacent to ground held by Anglo Platinum on which a large-scale open-pit PGM mine is in operation. The property consists of two parts, one lying immediately north of the Anglo property and the other adjacent to Anglo`s southern boundary. In 2000, Anooraq carried out an exploration program on the property. Thirty-five diamond drill holes were completed in the northern part of the property, tracing mineralization over 4.5 kilometres along the Platreef horizon. Three zones, with good grade and continuity, were outlined. A geochemical survey was carried out in the southern part of the property, and outlined two strong and extensive soil anomalies. A follow up program has been planned, involving 9,000 metres of diamond drilling, to test for extensions to the mineralized zones both along strike and down dip. Geophysical and additional soil geochemistry surveys are also planned, to assist in establishing additional drill targets along the ten kilometres of Platreef horizon that have yet to be tested by the Company.

Anooraq is committed to establishing strong relationships with local communities, mining groups and government agencies in South Africa. A key part of this is to develop relationships with black economic empowerment groups. Over the past year, the Company has had discussions with groups in the region of the lands that it has acquired or is seeking to acquire for exploration.

On June 11, 2001, the Company announced that it had been granted an option to acquire three properties that are contiguous to previously held ground in the northern part of the Platreef property. Under the terms of the option agreement, Anooraq must issue to MSA Projects (Pty.) Limited an aggregate of 500,000 shares as to: 75,000 shares on CDNX acceptance (issued August 8, 2001); 100,000 shares on or before October 23, 2001; 150,000 shares on or before October 23, 2002; and 175,000 shares on or before October 23, 2003. The transaction was approved by the CDNX on August 7, 2001.

On July 3, 2001, the Company announced that it had acquired the right to purchase 100% interest in two farms, the form in which mineral rights are held in South Africa, Hamburg (2,126 hectares) and Elandsfontein Portion 1 (428 hectares) from Randex Limited, a private South African company. Anooraq has negotiated exclusive exploration rights for a five-year period and may purchase the mineral rights outright at any time during the period by making a one-time cash payment. For the exploration rights, the Company must pay US$2.00 per hectare in year one (US$5,108) escalating in stages to US$4.50 per hectare in year five (to US$11,493). To purchase the farms outright, a payment of US$325 per hectare is required if the option is exercised in year one; US$390 per hectare in year two; US$455 per hectare in year three; US$520 in year four or US$600 per hectare in year five.

These additions bring the area of the property to over 12,000 hectares, extending Anooraq`s holdings to 14.6 kilometres along the prospective Platreef horizon. The Hamburg and Elandsfontein farms also cover ground that is prospective for PGM mineralization hosted by dolomite rafts, lying above the Platreef horizon in the stratigraphic sequence, further expanding the exploration potential of the property.

Market Trends

Market prices for platinum group metals have remained buoyant due to strong demand and uncertain supply; both palladium and platinum set long-term price records throughout the latter half of 2000 and early 2001. Due to the high prices, consuming industries are seeking to decrease the amount of PGM that they are using in manufacturing processes or, since the price for palladium had increased relative to platinum, to substitute platinum for palladium. This, and the general erosion of global economic conditions in 2001, has resulted in a decrease in platinum group metals prices, and a decreased price differential between platinum and palladium. In September 2001, platinum and palladium have averaged US$464 per ounce, still above the prices paid at any time in past ten years prior to the late 2000 to early 2001 period. The superior properties of PGM in applications such as autocatalysts and the increasing use of PGM in new technologies such as fuel cells are expected to keep prices above historic levels.

Financial Review

At July 31, 2001, Anooraq has a working capital position of $2.2 million compared to $0.7 million at the end of the 2000 fiscal year, and 14,280,413 outstanding shares.

On June 13, 2001, the Company announced that it had reached agreement in principle with private investors for a private placement financing of $3,200,000 to place 4,923,077 Units at a price of $0.65 per unit. Management and associates subscribed for 27% of the placement. Each unit comprises one common share and share purchase warrant exercisable at $0.70 for a one year period from the date of issuance. On August 2, 2001, the Company announced that it had received approval-in-principle from CDNX for the transaction.

Subsequent to the end of the quarter, the Company also announced that it had received CDNX approval to purchase all remaining interest in Plateau. Anooraq will purchase the remaining 50% from Pinnacle for consideration consisting of 7.5 million Anooraq shares. Obligations under the original Loan Facility and Share Purchase Agreement between Anooraq and Pinnacle will be eliminated in consideration of the 4.5 million Anooraq warrants, exercisable for $0.70 for two years. These transactions unify Anooraq`s 100% interest in Plateau and its underlying PGM prospects without the additional expenditure of $6.4 million over the next three years, as well as additional dilution that such financings would necessitate. It also results in the cancellation of Pinnacle`s put of its interest in Plateau to Anooraq, avoiding the substantial dilution that would also represent to Anooraq shareholders.

On September 4, 2001, the Company was cleared for trading by the U.S. Securities Exchange Commission.

Results of Operations

The Company capitalizes and defers costs related to its mineral properties until they are placed either into production, sold or abandoned. Costs of a periodic or administrative nature are written off annually and determine the amount of the net loss per share.

Anooraq`s operating loss in the first nine months of fiscal 2001 is $287,491, as compared to a loss of $517,917 in the first nine months of fiscal 2000. Both income and expenses have decreased in 2001 over the previous year.

Interest income has decreased to $28,583 from $44,186 over the same period in the previous year, reflecting lower interest rates and cash balances in fiscal 2001. Costs have also decreased in 2001 due to a lower level of activity. Expenses in the first nine months of 2001 are $316,074, compared to $622,103 during the same period in 2000.

Overall expenses in the current quarter have decreased to $120,579 from $202,487 in the same quarter in fiscal 2000. These expenses were comparable to Q1 2001 but have increased from Q2 at which time activities were minimized until the additional financing was arranged. Expenditures on office and administration, legal, accounting and audit, and salaries and benefits costs have decreased from Q1 when the Company was engaged in year-end financial reporting.

Investor relations activities are conducted by staff and contractors from Hunter Dickinson Inc. (see Related Party Transactions) and reported as shareholder communication expenses and conference and travel costs. Shareholder communications (2001 - $29,594; 2000 - $49,727) and travel and conference (2001 - $81,042; 2000 - $100,127) costs are lower in the first nine months of fiscal 2001 than in the comparable period of 2000. However, these expenses have increased from the previous quarters in 2001, related to communication with shareholders and property vendors associated with restructuring the agreement with Pinnacle Resources, acquisition of additional properties in South Africa, and development of the arrangements for the recent financing.

Exploration expenditures in all categories have decreased in 2001 from 2000 when an extensive exploration program was undertaken at site. Exploration expenditures in the nine months to July 31, 2001 are $873,706. This is a decrease from $925,090 reported in the previous quarter, when a lump sum of $340,892 had been advanced to South Africa. These funds have now been utilized, and allocated to various exploration costs and expenses of the Company. In addition, some costs for graphics have been reallocated, resulting in a decrease from that reported in the previous quarter.

The most significant exploration expenditure in 2001 has been for site activities ($224,188), mainly related to the cost of maintenance and administrative support in the office in South Africa. The greatest increase in cost in the quarter was for Environmental, Socioeconomic and Land Fees ($66,251) and is associated with discussions with property vendors and black empowerment groups regarding new property acquisitions. In addition, several members of the technical staff traveled to site in the third quarter of 2001 to discuss potential land acquisitions and to conduct tours of the property for representatives from other mining companies, accounting for the ongoing geological and engineering costs.

Related Party Transactions

Hunter Dickinson Inc. ("HDI" ) of Vancouver, British Columbia is a private company with certain directors in common with Anooraq, which provides investor relations, geological, corporate development, administrative and management services to the Company on a cost recovery basis pursuant to an agreement dated December 31, 1996. In the third quarter of fiscal 2001, Anooraq incurred costs for services from HDI of $141,575 (2000 - $351,011). Tel: [phone] Anooraq Resources Corporation Fax: [phone] Website: www.hdgold.com

--------------------


Karte vom Anooraq Platreef Property
http://www.hdgold.com/arqclaimmap.htm

--------------------

Sells Right To Acquire 50% Interest In Rietfontein Farm To African
10/10/01


ANOORAQ RESOURCES CORPORATION ("ARQ-V;ARQRF-0" ) AFRICAN MINERALS LTD. ("AFA-V" ) - Sells Right To Acquire 50% Interest In Rietfontein Farm To African - Minerals
Ronald W. Thiessen, President and CEO of Anooraq Resources Corporation is pleased to announce that Anooraq has completed a formal agreement with African Minerals Ltd., a private affiliate of Ivanhoe Capital Corporation, whereby African Minerals will have the right to earn a 50% joint venture interest in Anooraq`s 2,900 hectare Rietfontein farm. Rietfontein is located on the northern limb of the prolific Bushveld Intrusive Complex, South Africa and the farm is part of a large, 12,176 hectare land package held by Anooraq`s 100% owned South African subsidiary Plateau Resources (Pty) Ltd. The Government of South Africa recently renewed Anooraq`s exploration rights on its farms in the Platreef district and provided the Company the right to conduct exploration for up to 7 years on Rietfontein with the option to convert to a Mining Lease at any time during that period.

Under the terms of the Agreement, African Minerals must spend Cdn$750,000 in each of the next two years, and may do so sooner, to gain the right to form a 50:50 joint venture with Anooraq on Rietfontein. In addition, an African Minerals` affiliate participated to the extent of $520,000 in Anooraq`s recent $3-2 million private placement financing. A finder`s fee of up to 300,000 Anooraq shares are issuable in conjunction with this joint venture and financing.

African Minerals has multiple diamond drills operating in the immediate area on the adjoining farm to Rietfontein and now with a completed Agreement expects to commence drilling Rietfontein in me near future. Drilling is expected to target the PGM-bearing Platreef horizon on the west side of Rietfontein and two strong platinum-palladium-copper-nickel soil geochemical anomalies. These anomalies in soil are 1600 and 2000 metres long and cover the length of a pyroxenite intrusion thought to be an offshoot of the Platreef.

Anooraq`s current Platreef concessions cover 14.6 kilometres of strike length along the platinum group metals (PGM) bearing Platreef horizon. The Platreef horizon is stratigraphically equivalent to the Merensky Reef located in the eastern and western limbs of the Bushveld Intrusive Complex, however, Platreef mineralization is much thicker (up to 50 metres) than the 1 to 3 metre thick Merensky reef mineralization and, therefore, is amenable to low cost, large-scale open pit mining methods. This has made the Platreef district the most attractive exploration target in the world for PGM explorers.

Anooraq`s Platreef properties are located north and south of, and immediately adjacent to, a major PGM producing facility owned by Anglo Platinum. The Anglo property hosts eight PGM deposits containing nearly 50 million ounces of platinum and palladium in estimated mineral reserves and resources, including the large-scale open pit Sandsloot mine (47 million tonnes grading 4.8 g/t PGM+Au). Rietfontein is adjacent to Angle`s southern boundary and its Tweetfontein Hill deposit, which hosts 5.0 million tonnes grading 5.0 g/t PGM+Au, 0.54% copper and 0.65% nickel.

Exploration activity in the Platreef region has increased dramatically over the past two years. Falconbridge is exploring ground on the southeast, while African Minerals is very active to the west and south (farms Turfsprult and Macalacaskop) of Rietfontein. TEL: [phone] Anooraq Resources Corporation TEL: [phone] Investor Services INTERNET: www.hdgold.com

[gholzbauer]

In den letzten Meldungen steht nun wirklich nichts Neues oder Weltbewegendes drin.


------------------------------

DRILLING COMMENCES ON ANOORAQ`S RIETFONTEIN FARM, SOUTH AFRICA

November 26, 2001, Vancouver, BC - Ronald W. Thiessen, President and CEO of Anooraq Resources Corporation (CDNX: ARQ) is pleased to announce the start of the first phase of drilling on its Rietfontein farm on the prolific northern limb of South Africa`s Bushveld Igneous Complex. A 2,000 metre, five-hole, initial program will test strong platinum group element ("PGE" ) soil anomalies related to pyroxenite offshoots of the Complex. Similar pyroxenite bodies form important exploration targets elsewhere along the Bushveld margin. (See Figure 1)

Rietfontein (2,900 hectares) forms part of an extensive 12,176 hectare mineral tenure held by Anooraq`s 100% owned South African subsidiary, Plateau Resources (Pty.) Ltd. This land package extends north and south of and is immediately adjacent to one of the world`s largest open pit platinum-palladium-rhodium-gold-nickel-copper production complexes operated by Anglo American Platinum Corporation.

Anooraq has recently concluded an agreement with African Minerals Ltd., a private affiliate of Ivanhoe Capital Corporation, whereby African Minerals has the right to earn a 50% interest in and operate exploration programs on Anooraq`s Rietfontein farm located to the south of Anglo Platinum`s property. African Minerals controls the Turfspruit farm adjacent to the southwest border of Rietfontein farm and has drilled numerous holes on Turfspruit, to within 16 metres of the Rietfontein boundary. Drill testing of the Rietfontein side of this boundary is planned to follow the initial drilling of the offshoot area.

The common boundary of the Turfspruit and Rietfontein farms straddles the margin of the northern limb of the Bushveld, which is the principal host of the major PGE and base metal deposits in the region. Along this limb, Bushveld intrusive rocks cut older Transvaal metasedimentary rocks including banded ironstones and dolomites. Contamination of the Bushveld magmas by ingestion of these sulphur-rich metasediments to form hybrid lithologies is commonly cited as the triggering mechanism for disseminated base metal and PGE sulphide deposition. These platiniferous hybrid rocks are particularly prevalent at and near the large Sandsloot and Overysel PGE deposits (Vermack, 1995; Buchanan et al, 1981) controlled by Anglo Platinum. Similar hybrid rocks are also developed along and near the Rietfontein/Turfspruit boundary by assimilation of the same Transvaal units.

In the area of the Rietfontein farm, other styles of mineralization include shallow disseminated mineralization such as that at the Tweefontein Hill deposit, estimated to be "more than 8 million tonnes of ore grading 4.9 g/t PGE`s (Pt + Pd + Au), 0.6% copper and 0.7% nickel over a minimum mining width of 2.5 m" (Davenport, 1999). Anglo`s Tweefontein Hill deposit is located on the Tweefontein farm, 1 kilometre west of the Reitfontein boundary.

Anooraq has defined two strong, large scale, PGE and base metal soil geochemical anomalies on Reitfontein about two kilometres east of the Tweefontein Hill deposit associated with pyroxenite offshoots of the Bushveld Complex that have intruded along the contact of the Transvaal dolomites and underlying Archean granitic basement. These anomalies, which measure 1.5 and 1.3 kilometres long and average 300 metres wide, are being drill tested by African Minerals as it earns its interest in Rietfontein. A first phase drilling program has commenced in this portion of the farm.

For further details on Anooraq Resources Corporation and its Platreef properties please visit the Anooraq website at www.hdgold.com or contact Investor Services at [phone] or within North America at 1-800-667-2114.

-----------------------------


DRILLING RESUMES ON ANOORAQ`S PLATREEF
PROPERTIES IN SOUTH AFRICA
January 29, 2002, Vancouver, BC - Ronald W. Thiessen, President and CEO of Anooraq Resources Corporation (CDNX: ARQ) is pleased to announce that, after a break for the holiday season, core drilling has resumed on its Rietfontein farm, which is located on the highly prospective northern limb of the prolific Bushveld Complex in South Africa. Fieldwork at Rietfontein is under the direction of African Minerals Limited ("AML" ), an affiliate of Ivanhoe Capital Corp., whereby AML has the right to earn a 50% working interest in the Rietfontein farm. This farm is contiguous to AML`s on-going drilling program on its Turfspruit farm on the southwest (see Anooraq`s News Release dated November 26, 2001). The first drill holes, targeting platinum group elements ("PGE" ) and associated base metals on Anooraq`s Rietfontein, are focused on a large, highly anomalous pyroxenite body located in the northwest portion of the farm. Drill sites have also been spotted to test for large scale, bulk tonnage PGE mineralization developed in Platreef pyroxenites which are found along the claim boundary between Turfspruit and Rietfontein.

Prior to the holiday season break, the first hole of the program (RF-1) was completed to a depth of 426 metres in the northern portion of a strong, 1.5 kilometre long PGE soil anomaly. This hole was drilled at 45 degrees towards the east and was collared and remained in variably altered pyroxenite over the entire length of the hole. A strongly altered interval from 180 metres to 279 metres was cut in the hole. The core has been sawn in half and submitted for analysis, with pending assays to be released upon receipt (*). The second hole of the program (RF-2), is now underway and will test the contact of the pyroxenite body with the basement assemblage (See Map).

For further details on Anooraq Resources Corporation and its Platreef properties please visit the Anooraq website at www.hdgold.com or contact Investor Services at [phone] or within North America at 1-800-667-2114.


-----------------------


(*) 3m mit 15 g/t Rhodium wären nett

[gholzbauer]

Wednesday May 8, 11:01 am Eastern Time

Press Release

SOURCE: Anooraq Resources Corporation

Anooraq Acquires Commanding PGM Property Position On Northern Bushveld, South Africa

http://www.hdgold.com/arqn22.htm



Zumindest besser als gar keine Neuigkeiten.
Der Kurs ist z.Z. ja gar nicht mal sooo schlecht.

[gholzbauer]

Hoffentlich kommt jetzt mal Schwung in den Laden.




PGM Nickel Copper Drilling Crosses Boundary Onto Anooraq`s
7/15/02




ANOORAQ RESOURCES CORP ("ARQ- V;ARQRF-L" ) - PGM-Nickel-Copper Drilling Crosses Boundary Onto Anooraq`s - Rietfontein Farm, South Africa

Ronald W. Thiessen, President and CEO of Anooraq Resources Corporation, announces that PGM (platinum/palladium/gold) mineralization in Platreef host rocks has been discovered in surface exposures on its Rietfontein farm located in South Africa. African Minerals Ltd., which is earning a 50% interest in Rietfontein from Anooraq, has advised the Company that diamond drilling of this exciting bulk tonnage PGM-Nickel-Copper target has commenced.

The 2,900 hectare Rietfontein farm forms part of an extensive 37,000 hectare mineral tenure held by Anooraq on the prolific Northern Limb of the Bushveld Complex, adjacent to one of the world`s largest open pit platinum-palladium-rhodium-gold-nickel-copper production complexes that is operated by Anglo American Platinum Corporation. The Rietfontein farm is located immediately to the southeast of Anglo Platinum`s property.

In October 2001, Anooraq concluded an agreement on the Rietfontein farm with African Minerals Ltd., a private affiliate of Robert Friedland`s Ivanhoe Capital Corporation, which is exploring adjoining mineral properties. Under the agreement, African Minerals acquired the right to earn a 50% interest in and operate exploration programs on Rietfontein. The common boundary of African Mineral`s Turfspruit farm on the west and Anooraq`s Rietfontein farm on the east straddles the prolific Platreef section of the Bushveld. Platreef rocks are the principal host of the giant PGM-Nickel-Copper deposits in the region that are amenable to open pit mining.

South African geological maps show the Platreef horizon on Turfspruit has been downfaulted to the southeast by a major fault. This has the effect of favourably shifting the southwesterly dipping Platreef further onto the Rietfontein farm, in an area immediately to the east of where African Minerals has been drilling with up to 12 rigs since January. Holes have been drilled on Turfspruit within metres of its common boundary with Anooraq`s Rietfontein property.

Anooraq`s chief site geologist and Qualified Person, Dr. Keith Roberts, Ph.D., P.Geo. has informed Anooraq that his geological mapping confirms the existence of this fault in the boundary region, and that several outcrops and rubble zones of Platreef rocks have now been discovered on Rietfontein. This is a very important discovery as definitive geological interpretations in this region have been hampered by a paucity of rock exposure. A grab sample of the weathered surface rocks on Rietfontein assayed 1.25 grams per tonne PGM (platinum/palladium/gold). Importantly, indications are that the Platreef on Rietfontein extends for approximately 1 km along strike to the southeast. African Minerals has informed Anooraq that drilling has crossed the boundary onto Rietfontein. A map of this drill target area is posted on Anooraq`s website (www.hdgold.com) or to obtain the map please phone HDI Investor Services at 1- 800-667-2114.

The Bushveld Complex is the world`s premier location for PGM deposits, accounting for 80% of the world`s known resources and 67% of the annual global production of platinum. Competition for ground in the Bushveld continues to intensify, particularly on the Northern Limb, which hosts the PGM-bearing Platreef horizon. The potential for long life, massive tonnage, low-cost open pit mining, coupled with new infrastructure developments, has made the Northern Limb one of the most attractive targets for successful PGM exploration worldwide. On farms adjoining Anooraq`s Platreef properties, Anglo Platinum`s subsidiary Potgietersrust Platinums ("PPRust" ) mines PGM and base metals at a large open pit operation. The PPRust property hosts eight deposits, containing about 68 million ounces of PGM plus gold, in about 500 million tonnes of mineral reserves and resources (Anglo Platinum 2000 Annual Report).

[gholzbauer]

miningweekly.co.za
18 July 2002

Canadians make progress in Bushveld drill


Canadian explorer Anooraq Resources is making progress in its drilling programme on its Rietfontein farm on the prolific northern limb of the Bushveld Igneous Complex, with platinum- group metal (PGM), mineralisation in the Platreef host rocks having been discovered in surface exposures on the farm.

Platreef rock is the principal hosts of the giant PGM, nickel and copper deposits in the region that is suitable to openpit mining.

Anooraq’s chief site geologist, Dr Keith Roberts, has confirmed that his geological mapping, similar to other South African geological maps, indicates that the Platreef horizon on Turfspruit has been downfaulted to the south-east by a major fault, which favourably shifts the southwesterly dipping Platreef further onto the Rietfontein farm, in an area immediately to the east of where African Minerals – which has a 50% stake in Rietfontein – has been drilling with up to 12 rigs since January.

“The discovery of several outcrops and rubble zones of Platreef rocks on Rietfontein is very important as definitive geological interpretations in this region have been hampered by a paucity of rock exposure,” Roberts explained.

A grab sample of the weathered surface rocks on Rietfontein assayed 1,25 platinum, palladium and gold grams per ton.

There are also indications that the Platreef on Rietfontein extends for about a kilometre along strike to the south-east.

The 2 900 ha Rietfontein farm forms part of an extensive 37 000 ha mineral tenure held by Anooraq on the prolific northern limb of the Bushveld complex, next to one of the world’s largest openpit platinum, palladium, rhodium, gold, nickel and copper production complexes, operated by Anglo American Platinum Corporation (Anglo Platinum).

The Rietfontein farm is located immediately to the south-east of Anglo Platinum’s property.

In October last year, Anooraq concluded an agreement on the Rietfontein farm with African Minerals, a private affiliate of Robert Friedland’s Ivanhoe Capital Corporation, which is exploring adjoining mineral properties.

Under the agreement, African Minerals acquired the right to earn a 50% interest in and operate exploration programmes on Rietfontein.

The common boundary of African Minerals’ Turfspruit farm on the west and Anooraq’s Rietfontein farm on the east straddles the prolific Platreef section of the Bushveld.

The potential for long life, massive tonnage, low-cost openpit mining, coupled with new infrastructure developments, has made the northern limb one of the most attractive targets for successful PGM exploration worldwide, the company says.

On farms adjoining Anooraq’s Platreef properties, Anglo Platinum’s subsidiary, Potgietersrust Platinum, mines PGM and base metals at a large openpit operation.

According to Anglo Platinum’s 2000 annual report, the Potgietersrust property hosts eight deposits, containing about 68-million ounces of PGM plus gold, in about 500-million tons of mineral reserves and resources.

[gholzbauer]

Übrigens, wer`s noch nicht gelesen hat, sollte es nachholen:

http://www.hdgold.com/pdf/arqroulstonreportmay2002.pdf