GOLDGRANATE AUS CHINA: NEUEMPFEHLUNG UND NEWS!! - 500 Beiträge pro Seite

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KAM GERADE AN DIE ABONNNENTEN VON S*H*I*R*I*N*V*E*T*M*T+
*S


MAGNUS RESOURCES :
NEUER HEISSER TOP-EXPLORER AUS CHINA: HIER KÖNNTEN GEWALTIGE KURSCHANCEN LIEGEN!!

28.02.2006

NACH FAR EAST ENERGY UNSER ZWEITER ÄUSSERT VIELVERSPRECHENDER CHINA-EXPLORER IN DIESEM MONAT:

Hier winken Millionengewinne im Reich der Mitte

Die Aktie der Magnus International Resources (WKN A0CA8C, SYMBOL GVY1) , www.magnusresources.com) ist aus Sicht unserer Hauses ein hochinteressanter Edelmetallwert, der sich in einem lupenreinen Aufwärtstrendkanal befindet. Obwohl der Titel mit bereits 2,20 € nicht mehr extrem billig erscheint und die Marketcap in den letzten Monaten schon deutlich angestiegen ist, sehen wir dennoch hervorragende Chancen, mit einem Einstieg zum jetzigen Zeitpunkt lukrative Gewinne auf Jahressicht erwirtschaften zu können. Dieser Wert hat unbedingt in diesem Jahr Potenzial bis auf mindestens 4 €.

Zugleich sind die Risiken, die sonst bei Investments in diverse Explorer üblicherweise auftreten, weil keine Substanz in Form attraktiver Liegenschaften dahintersteckt, hier erkennbar gemindert, denn:
1) Das Unternehmen besitzt ausgesprochen interessante Projekte im Boomland China
2) Das Managementteam ist überaus erfahren
3) Die Gesetzeslage in China ist mittlerweile wesentlich bergbaufreundlicher als noch vor einigen Jahren. Wer jetzt als Unternehmen in diesem Land gut positioniert ist, hat hervorragende Chancen, zumal der Übergang vom planwirtschaftlichen zum marktwirtschaftlichen System trotz aller Rückschläge und Verzögerungen Form annimmt.

ES GIBT AKTIEN, DIE IMMER WEITER STEIGEN, OBWOHL ALLE VON NOTWENDIGER KORREKTUR REDEN!

Ein solch faszinierender Titel könnte Magnus Resources durchaus sein. Rein charttechnisch gesehen ist es denkbar, dass dieser Explorer in einem großen Aufschwung bis auf 3 € durchläuft, um dort nach einer kurzen Konsolidierung wieder bis zum vorläufigen Kursziel 4 € durchzustarten. Und selbst diese Marke müsste mittelfristig gesehen keine Barriere darstellen, wenn sich die Exploration der Projekte wirklich so positiv entwickeln sollte, wie es das Management, aber auch unabhängige Experten erwarten.

HEISSE PROJEKTE!!

Die beiden Schlüsselprojekte der Gesellschaft, das Mangshi und das Huidong Projekt, versprechen erstklassige Gold-Explorationsergebnisse.
Das Huidong-Projekt liegt in einer geologisch noch völlig unterentwickelten Region in der Sichuan Province. Das Areal ist unmittelbar dem Weltklasseprojekt Boka Gold benachbart. Dort sind erst kürzlich vom Betreiber Southwestern Resources Ressourcen von über 5 Millionen Unzen Gold indiziert worden. Es spricht viel dafür, dass die Vererzungsstränge auch weit in das Huidong-Gebiet hineinreichen. Die chinesische Regierung ist an der Erschließung dieser Gebiete aktiv beteiligt und wird Magnus wichtige Unterstützung in administrativen und infrastrukturellen Fragen bieten. Magnus kann innerhalb von 48 Monaten einen 90%igen Anteil am Huidong Projekt erwerben, wenn bis dahin 5 Millionen US$ in Exploration investiert worden sind. Die bisherigen groß angelegten geochemischen Vermessungen und Untersuchungen gaben aussagekräftige Indizien auf weit verbreitete Vererzungszonen mit hochgradiger Goldmineralisierung. Die Bohrarbeiten beginnen in diesem Jahr in großem Umfang. Der Anleger investiert jetzt also zum richtigen Zeitpunkt, weil erfahrungsgemäss die Kursphantasie und der Hebel in diesem Stadium der Exploration am höchsten sind.
Was auch eindeutig für Magnus spricht, ist die strategisch intelligente JOINT VENTURE Partnerschaft mit zwei angesehenen Betrieben. Die Yunnan Long Teng Mining Ltd., die mit Magnus das Huidong Projekt exploriert, besitzt die Explorationslizenz für 83 Quadratkilometer. Der zweite Joint Venture Partner, die Yunnan Western Mining Ltd., verfügt über die Explorationslizenz für das Mangshi Projekt. Diese Top-Liegenschaft befindet sich in der Nähe der Luxi Gold zone in Süd- Yunnan, wo die Firma Sparton Resources Inc erfolgreich Goldvererzungen in Höhe von 320.000 Unzen festgestellt hat.
An beiden Projekten steht Magnus International Resources die Brigade 209 der Nuclear Industry of Yunnan Province, das sogennante Team 209 zur Seite, die gleiche Gruppe, die mit Southwestern Resources das Boka gold deposit entdeckt und entwickelt hat. Außerdem wird Magnus von der Unternehmensberatung AMEC betreut, die im Bereich der Explorationsgeologie einen ausgezeichneten internationalen Ruf genießt.
Das Managementteam mit Finanzierungsprofi Graham Taylor an der Spitze ist überaus erfahren und repräsentiert eine gesunde Mischung aus Spitzengeologen und Finanzexperten.
5 zentrale Gründe sprechen für einen sofortigen Einstieg bei Magnus International Resources:
- Die beiden Schlüsselprojekte sind durch die Nähe zu Weltklassegolddeposits in einer vortrefflichen Lage.
- Die intelligente Partnerschaft mit internationalen Netzwerken und die Joint Venture Deals minimieren gleichzeitig die Risiken und erhöhen die Effizienz.
- Der Goldpreis befindet sich in einem intakten Aufwärtstrend
- Die Aktie ist charttechnisch absolut gesund und der Verlauf spricht für weitere Gewinne bis über 4 €
- China ist ein erstklassiger Explorationsstandort mit großer Zukunft


Wir stufen Magnus Resources, die am deutschen Markt bislang noch völlig unentdeckt ist, als STRONG BUY ein und legen als Kursziel auf Jahressicht 4 € fest. Kleinere Kursrückgänge sollten zum Nachkauf genutzt werden.

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Pressemitteilung von heute:

Bohrprogramm beginnt!!
MAGNUS INTERNATIONAL RESOURCES ANNOUNCES RESULTS

Las Vegas, Nevada – February 28, 2006 - Magnus International Resources Inc. ("Magnus") ("the Company") (NASD OTC-BB: `MGNU`) is pleased to announce early stage exploration results from the Mangshi Gold Property in western Yunnan Province in the Peoples Republic of China. Gold analysis results from the SGS laboratory in Tianjin have been received and show continuity of gold mineralization across four drill holes designed to test the depth extent of a gold-mineralized breccia system identified at surface. Drill holes MS05-2, MS05-3, MS06-6, and MS06-7 intersected gold mineralization in both shallow and deep holes. A summary of results from mineralized drill holes is tabulated.

Hole locations relative to the mining lease and surface exposures of rock types and breccia zones are displayed in the figure. Holes MS05-2, MS05-3, MS06-6, and MS06-7 identify a coherent zone of mineralized rock at depth on the Mangshi mining license.

In the initial drilling program, drill holes MS05-1, 4, 5, and holes MS06-8, 9, and 10 did not intersect significant mineralization.

Additional logging and structural interpretation of the gold-mineralized drill holes is expected to lead to additional drilling to define the extension and limits of this gold mineralization.

Geophysical survey data received during the course of the initial drilling has identified large, pronounced northeast-trending Induced Polarization (IP) and Resistivity features, located approximately 400 meters southeast of the initial 10 drill holes at Mangshi. The northeast IP and Resistivity trend extends for over 3 kilometers. Drill testing of these geophysical features is underway.
ABOUT MAGNUS INTERNATIONAL RESOURCES, INC.
Magnus International Resources, Inc. is engaged in the acquisition, exploration and development of mineral properties, focusing primarily on gold and copper properties in China. Magnus currently retains a potential 90% interest in two Sino-foreign gold joint venture exploration projects. The Huidong property is northwest of and on trend with Southwestern Resources` Boka gold project. The Mangshi project is located within the 40km Luxi Gold Belt in western Yunnan province.

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DAS KÖNNTE EIN ECHTER KNALLER WERDEN!!!

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AKTIE HAT SICH ZWAR SCHON VERDOPPELT; DA IST ABER NOCH MEHR DRIN!!! ÜBER 4 € bei guten Bohrergebnissen

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Das Mangshi Projekt:

In August of 2005, Magnus entered into an agreement to acquire 100% of the issued and outstanding shares of Golden River Resources Corp. ("Golden River"), a private British Columbia company which was participating in a Co-operative Joint Venture (the "Mangshi Joint Venture") with Brigade 209 of the Nuclear Industry of Yunnan Province, People`s Republic of China ("Team 209").

Under the Joint Venture, Golden River and Team 209 have formed a sino-foreign joint venture company, Yunnan Western Mining Ltd. ("Western Mining"). The Joint Venture gives Golden River the right to earn a 90% interest in a mineral exploration license comprising approximately 113.96 square kilometers (the "Mangshi Exploration Area"). The license is located in the Luxi Gold Belt in the western part of Yunnan Province, People`s Republic of China.

Within the Mangshi Exploration Area are two smaller mining permits which conduct small scale heap leach mining operations. On October 29, 2005, the Company (through Western Mining) agreed to purchase these mining permits from Team 209. The existing heap leach operations will continue to be operated by Team 209 under the Transfer Agreement, but only to a maximum depth of 15 meters, only for a maximum period of 3 years from the date of execution and only for resources (gold in loose unconsolidated red soil) as defined under the agreement. Magnus maintains an option to purchase the existing estimated resources within the mining license at any time.

Magnus has assumed all of Golden River`s obligations and benefits under the terms of the Joint Venture, which requires a total of US$3,010,000 to be contributed by the end of 2007. Increments of 30% interest in the Joint Venture shall be earned for every aggregate of US$1,000,000 contributed by Magnus. Team 209 will retain a carried interest of 10% in the Joint Venture before or upon the contribution by Magnus of the aggregate total of US$3,010,000. Further contributions by Magnus beyond US$3,010,000 will not dilute the 10% carried interest of Team 209.

A Geologist report on the property dated October 27, 2003, prepared pursuant to Canadian National Instrument 43-101. This report has since been updated to reflect additional inforation and our upcoming exploration plans, and is available by clicking here:

The original report and the subsequent report were both prepared by Ruben S. Verzosa, P. Eng, a qualified person as defined by National Instrument 43-101 in Canada and a member of the Association of Professional Engineers and Geoscientists of British Columbia. He has 35 years of work experience in the mineral exploration and mining industry with companies such as Teck Corporation, Denison Mines Ltd, Peso Silver Mines Ltd, Highland Bell Mines Ltd, and Mobil Oil Philippines Inc. Mr. Verzosa has agreed to assist Magnus in further exploring and developing the Mangshi property.

The Joint Venture exploration license and mining licenses includes gold prospects within the so-called Luxi Gold Belt. The Luxi Gold Belt is characterized by numerous gold occurrences along a 40km northeasterly geological trend in western Yunnan Province with clear similarities to Nevada`s Carlin trend. Highly altered carbonate host rocks and jasperoid occurrences throughout the Luxi Gold Belt have yet to be systematically drill tested. Sparton Resources Inc. (TSX-V:SRI) has been exploring in the southwest portion of the trend and reports there are at least seven strong gold-in-soil anomalous zones in four main areas. The anomalous areas are described as up to 8.0 km long and 200 meters wide. Recently, Sparton Resources staff has reported a minimum possible mineral deposit of up to 320,000 oz gold at Luxi; based on results from their first 34 drill holes; with a significant upside potential for deposit size increase.

There is an abundance of geological information already available on the Mangshi property, from work previous conducted by both Team 209 and other resources companies, which Magnus has compiled and analyzed. Based on this information, Magnus has identified several zones of interest and developed a comprehensive drilling program. The technical director for Magnus, Dr. Paul Taufen, describes the property, based on analysis of all the information collected, as "drill ready". Magnus expects the drill program to commence by late 2005.

Magnus` Mangshi Property is located 25km southwest of Luxi City, a regional center of approximately 300,000 people and accessible by road and air transportation from several major destinations in China. The exploration concession is readily accessible and the cost of exploration, development, and extraction should not be increased because of access issues.

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Das Huidong Projekt:

Highlights


Located in under-explored, yet geologically fertile region of Sichuan Province, China
83.29 square kilometer Huidong property situated adjacent to world-class gold discoveries of Southwestern Resources` Boka Gold Project
To date, the Boka Trend has yielded twelve known significant gold mineralization zones over a 25 kilometer plus corridor, and Southwestern Resources recently reported a current combined indicated and inferred resource at the Boka project of over 5 million ounces of gold, which is expected to grow as drilling continues
Huidong`s gold-in-soil anomalies and similar shear zones suggest that the Boka Trend continues onto the Huidong property. Southwestern has confirmed the "positive association between mineralization at the Boka Gold Project and gold-in-soil anomalies."
Long Teng Mining Co., a Chinese corporation, is the Sino-Foreign joint venture company between Magnus and China Yunnan Province Nuclear Industry Brigade 209, known as Team 209
Team 209 exploration group played a key role in Boka Project gold discoveries
Project operator Magnus can earn up to a 90% interest in Huidong by spending US $5 million on exploration and development over 48 months. Team 209 receives a 10% non-dilutable interest.
To date, joint venture exploration program has included comprehensive geochemical soil sampling, structural and stratigraphic mapping, and surveying to define targets for follow-up trenching and tunneling.
Results of our geochemical survey identified three targets showing evidence of large zones of high-gold mineralization.
Exploration program is well underway, and drilling is expected to commence in 2006

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Joint Venture Partners:


Magnus derives considerable benefit from its partnership with the China Yunnan Province Nuclear Industry Brigade 209, known as Team 209. Magnus and Team 209’s current joint ventures are Yunnan Long Teng Mining Ltd. (Huidong property) and Yunnan Western Mining Ltd. (Mangshi property).

Team 209 is a group of experienced government geologists that has been instrumental in the rapid development of the Boka Gold Project through a joint venture partnership with Southwestern Resources. As the operator of the Huidong Property, Magnus is working closely with Team 209 to pursue an exploration strategy similar to that which resulted in the Boka discoveries. Team 209 has also worked closely with Magnus on the development and implementation of a drilling program at Mangshi, drawing upon their vast exploration experience in South Yunnan and throughout the Luxi gold zone.

As part of the two exisiting joint venture agreements, Magnus has committed to spending up to US$5 million on the Huidong property, and up to US$3 million on the Magshi property. In return, the Company can earn up to a 90% interest in the properties. Upon the fulfillment of the terms of the joint venture agreements, Team 209 will own the remaining 10% of each property.

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Managementteam: Hoch erfahren!!!


Magnus prides itself in having top-tier expertise and experience in a variety of disciplines, each of which is equally valuable in providing the company with a competitive advantage in the mineral exploration market. Through in-house management, strategic consulting relationships and its joint venture partner, Magnus has the organizational, geological, financial, and legal knowledge it needs to locate, acquire and develop successful mineral exploration properties.

Board of Directors | Key Consultants | Strategic Relationships


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Board of Directors
GRAHAM TAYLOR is the principal founder of Magnus. He has been the President and CEO of the Company since November 24, 2003. Mr. Taylor is also the founder and President of Technique Capital Corporation, which was founded in 1999 and is a venture capital, mergers and acquisitions, and corporate advisory firm for North American and international companies. Mr. Taylor has ten years of experience in the world of global finance, having started his finance career in the investment industry in London, England with the international investment banks Nomura International and Banque National de Paris. In 1996, he returned to Vancouver, British Columbia, Canada to establish himself as a financier to small cap companies publicly listed in Canada and in the United States. Since that time, Mr. Taylor has been involved in private and public securities deal structuring and financing for a variety of companies spanning several different industries. Mr. Taylor attended the University of British Columbia as well as Simon Fraser University in British Columbia and has qualified to graduate with a Bachelor Degree in Business Administration (BBA).

PETER SMITH has been a director of the company since May 4, 2004 and Vice-President of Corporate Affairs since February 8, 2005. He attained a Bachelor of Laws degree from the University of British Columbia in 1999, a Masters degree from Cambridge University in the United Kingdom in 1998, and a Bachelor of Arts degree from Simon Fraser University in 1995. At each institution, Mr. Smith finished either at the top, or in the top 10% of his class. Mr. Smith founded and served as president of a publicly traded company before accepting a clerkship at the Supreme Court of Canada for the honorable Justice Louise Arbour. Such clerkship positions generally only go to students that finish in the top 2% of Canadian law students. From September 2002 to September 2003, Mr. Smith was an associate with the law firm of Debevoise & Plimption in New York City, where he worked mainly in areas of project financing and public markets. Mr. Smith left New York in late 2003 to return to his home on the West Coast in Vancouver, British Columbia. Mr. Smith currently teaches Criminal Law at Simon Fraser University and independently consults for various public and non-public companies.

STEPHEN TAN has been a director of the company since February 8, 2005. Mr. Tan is a professional engineer who received his mechanical engineering certification from Loughborough University (Midlands, United Kingdom) in 1960 and a D.I.C. degree from the Imperial College of Science and Technology in London in 1961. In 1964, Mr. Tan founded Setron, a company that he would turn into the largest television and electronic equipment manufacturer in South East Asia, and which listed on the Singapore Stock Exchange. Mr. Tan eventually sold Setron to Haw Par International in 1980. Also in 1980, the Republic of Singapore acknowledged Mr. Tan`s contributions to his country by presenting him with a lifetime contribution Public Service Medal (P.B.M.). Mr. Tan has extensive experience serving on the Boards of both public and private companies, but has not served on the Board of a public company in the last 5 years.

PAUL TAUFEN has been a director of the company since November 25, 2005, and had been consulting to the company since 2004. In March of 2005, Dr. Taufen agreed to take a more significant role with Magnus, with a commitment to maintaining high geoscientific standards for the exploration and resource evaluation programs underway in the company. Paul has over thirty years of domestic (North American) and international experience in minerals exploration geochemistry both in the employ of major international mining companies and as an independent consultant. He is the founder of Geochemistry Solutions, LLC, which provides innovative and focused solutions to the mining industry in modem exploration techniques, QA/QC, and environmental areas, specializing in both traditional and unconventional geochemical exploration and in resolving environmental water quality issues. Geochemistry Solutions provides consulting services to major companies in the mining industry, including Placer Dome and Goldfields, and major mining company subsidiaries and mine site exploration groups around the world. Prior to forming Geochemistry Solutions, LLC, Paul spent 15 years with Australia-based Western Mining Corporation (WMC), where he served as Chief Geochemist - Global exploration, and Chief Geochemist - Americas. He also served as Chief Geochemist for British Petroleum Minerals in Brazil from 1983 to 1987, coordinating all geochemical surveys, laboratory development, and geological materials analysis programs in Brazil for BP Minerals. Throughout his career, Dr. Taufen has worked on minerals exploration projects in over 20 countries and been involved in numerous mineral deposit discoveries and ongoing mining production development plans. Dr. Taufen holds a Ph.D. in Aqueous Geochemistry from the Colorado School of Mines with a minor in Environmental Science and Engineering, an M.Sc. in Geochemistry from the Colorado School of Mines, a BS in Chemistry from Georgetown University, Washington D.C., and a GLG Executive Excellence Senior Management Program certification. He is a Fellow and former president of the Association of Exploration Geochemists, a member of the Expert Group in Geochemistry of the Canadian Mining Industry Research Organization, a Fellow of the Australian Institute of Mining and Metallurgy, and a Fellow of the Society of Economic Geologists. Dr. Taufen has language abilities in English, Portuguese, Spanish, German, and French.

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Key Consultants and Employees
ANTHONY TAM has been consulting for the Company since November of 2003, assisting the Company as its chief representative in China. Mr. Tam seeks and negotiates joint venture agreements for Magnus on properties of merit, and he conducts initial geological assessments and engineering assessments for such properties. Prior to focusing on Magnus, Mr. Tam worked as general manager for Denstone Minerals Ltd. (a Canadian company specializing in mineral investment in China) and was also President and Director of Galactic Resources (China) Ltd. And Can-Pacific Rare Earths & Metal Co. (Both were wholly owned subsidiaries of Galactic resources Ltd.). Prior to working in China, Mr. Tam was the financial controller of E & B Exploration and Mascot Goldmine Ltd. in Vancouver, BC. Mr. Tam has received a B.Sc. in Engineering from Queen`s University in Kingston, Ontario (1971), a B.Sc. in Mining Engineering from Queen`s (1973), and he is a Chartered Accountant (university of British Columbia, Vancouver, 1978).

Magnus has recently hired a number of geologists for its exploration efforts on its Huidong and Mangshi properties. In the near future, Magnus plans to profile some of its senior geologists on this website.

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Strategic Relationships
AMEC

Magnus has formed a strategic consulting alliance with AMEC, the World’s largest international mining, engineering and geological services consulting company. AMEC has provided expert advice and services on more than 1000 mining projects worldwide over the last 10 years, including virtually all of the world’s major mine developers and operators. With AMEC, Magnus and its joint venture partner are developing a comprehensive testing and drilling program for Magnus’s current joint venture properties.

China Yunnan Province Nuclear Industry Brigade 209

Magnus has also formed a partnership with one of China’s top geological groups, the Yunnan Province Nuclear Industry Brigade 209. see Joint Venture Partnerships

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DIe Ziele von UNSEREM GOLDSTÜCK:



"The goal of Magnus is to maximize shareholder value by exploring and developing properties of merit in an efficient, effective manner which optimizes their value. Magnus accomplishes this by creating strategic relationships with some of the most influential groups in the exploration and mining industries. In China, Geological Team 209 of the Nuclear Industry of Yunnan Province is regarded as one of the country’s most efficient, professional and successful geological teams. AMEC is regarded as a world leader in the mining industry. In creating and maintaining these partnerships, we have successfully implemented our strategy to create joint ventures with partners capable of providing the knowledge, skill, and resources to advance projects through to successful production. Another principal objective is to minimize dilution and retain a substantial interest in each property. In doing so, we enable our shareholders to achieve maximum exposure to future profits while minimizing investment risk."

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OVERVIEW


COMPANY OVERVIEW

Magnus International Resources, Inc. (US NASD OTC-BB: ‘MGNU’) specializes in identifying, acquiring and developing precious and base metal properties in China. Magnus is currently focused on high-grade gold projects. At present, Magnus has the right to earn a 90% interest in three gold exploration projects in China’s mineral-rich Sichuan and Yunnan provinces.

These properties comprise Huidong (83.29 sq. km), for which Magnus holds an exploration license through Yunnan Long Teng Mining Ltd., and Mangshi (113.96 sq. km), for which Magnus holds an exploration license through Yunnan Western Mining Ltd. For both sino-foreign joint venture companies, Magnus’ joint venture partner is Brigade 209 of the Nuclear Industry of Yunnan Province, (Team 209), the same group that joint venture partnered with Southwestern Resources (Toronto Stock Exchange: “SWG”) in discovering the Boka gold deposit (estimated at 5.4 million ounces and expected to grow).

HUIDONG OVERVIEW

The Magnus Huidong property (pronounced hwee-dong) is located immediately northwest of the Boka Gold Project of Southwestern Resources (Toronto Stock Exchange: “SWG” – with a 3 year share price low of Cdn$1.065 and high of Cdn$21.50). The Huidong project is on trend with and is geologically similar to the richly mineralized Boka Gold Project – see adjacent map. Huidong is locally known to be gold-rich. There are numerous small-scale peasant mining tunnels throughout the area and placer gold has also been recovered from rivers and streams that drain the area.

Southwestern Resources recently reported a current combined indicated and inferred resource at the Boka project of 5.4 million ounces of gold. This significant, newly discovered resource is expected to increase in size and grade as Southwestern continues with expansion and infill drilling. A preliminary assessment and engineering scoping study was recently completed on the first two zones of the Boka gold system by Hatch Limited, a worldwide engineering firm with extensive experience in China. The study adopted a conservative approach to ore estimation using protocols and procedures in compliance with national instrument 43-101 reporting in Canada. The Hatch study considers the Boka Project to be one of the significant gold discoveries of recent years. Furthermore, capital and operating costs for mining operations in this part of China are reported to be low. Magnus management anticipates issuing a news release with a more detailed discussion of Hatch`s Boka report findings and their relationship to the Huidong property after the full report is made publicly available. The complete study is available at Southwestern`s website at www.swgold.com.

The Chinese joint venture partner of Magnus for all of its properties to date – Team 209 – played a critical role in exploring and developing the Boka project prior to bringing in Southwestern Resources as its foreign joint venture partner to further develop the property.

HUIDONG JOINT VENTURE

In July 2004, Magnus established Yunnan Long Teng (“Rising Dragon”) Mining Ltd., a Sino-foreign joint venture with Team 209, to explore the Huidong gold property. Magnus has committed to spending US$5 million on the Huidong property over four years. In return, Magnus will earn a 90% interest in the property. Team 209 will own the remaining 10%. By November of 2005, Magnus had contributed over US$2,000,000 to the Long Teng joint venture.

BOKA GOLD PROJECT GEOLOGY

There are twelve known gold zones within the Boka Project Area, all of which occur within a 25 km long north-south structural zone and are connected to a specific stratigraphic horizon - collectively these constitute the Boka Trend.

Boka gold mineralization is hosted within a sequence of Middle to Upper Proterozoic carbonaceous shales, calcareous shales and sandstones deposited in a Late Proterozoic eugeosyncline and consolidated during the Jinningian Orogeny. The majority of the gold occurs in east-west and northwest trending ductile-brittle faults and in stratabound zones characterized by extensive multi-stage breccia/shear development and accompanied by quartz-carbonate and sulphide (pyrite) replacement. The extensive faulting and resulting mountainous terrain in the area was created by the interaction of numerous east-west faults with a major north-trending fault that is thought to have played a major role in creating the rich mines of the region, the Panxi Rift. The extreme mechanical actions of bending and breaking the rock created spaces and pathways through which metal-bearing fluids passed.

HUIDONG & THE BOKA TREND

Drilling at Boka has established a well-defined, richly-mineralized, north-south gold trend — the Huidong Property lies along a projection of this trend. Gold mineralization at Boka is hosted by a structural and stratigraphic geological setting similar to that of the Huidong Property. At Huidong, fault-controlled gold and copper mineralization, indicated by rock and soil sampling of mineralized faults, strongly resembles Boka’s multiple discovery zones. Furthermore, Southwestern Resources reports the “positive association between mineralization at the Boka Gold Project and gold-in-soil anomalies”, and similar gold-in-soil anomalies have been found throughout the Huidong Property by Long Teng.

SUCCESSFUL JOINT VENTURE PARTNER

Magnus’ joint venture partner, Team 209, is officially known as Yunnan Province Nuclear Industry Brigade 209. Team 209 has about 1,000 employees, including more than 200 geologists and engineers. This group of experienced government geologists was instrumental in the rapid development of the Boka Gold Project. The joint ventures between Team 209 and Magnus will apply 209’s proven expertise and local knowledge in the exploration and development of the Huidong, Luquan, Qilian and Xintaizi properties. Magnus and Team 209 have a strong working relationship and have agreed to cooperate on future properties together.

HUIDONG EXPLORATION PROGRAM

Magnus and Team 209 are conducting a comprehensive gold and copper exploration program on the Huidong property under the expert consultation of AMEC, a leading global provider of mining expertise and services. The goal of the program is to define the extent of the gold and copper anomalies in the area. The program is well underway. Already completed is a two-stage geochemical soil and rock sampling program, and geological mapping and surveying to define targets for follow-up trenching, tunneling, and drilling. Generally, these exploration strategies are the same as those used at Boka, and they have helped the Company identify 3 potential target zones of high interest within the Huidong concession.



Exploration work completed by Team 209 and Magnus within Priority Area 1 (Target 1), located in the western portion of the Huidong Concession, has proceeded well. Infill soil sampling in Priority Area 1 has generated coherent gold (Au) in soil anomalies, including one contiguous soil gold anomaly extending over 1.15 km2 in an area designated by the local village name of Dinjiaping. The thickest portion of this gold in soil anomaly commonly contains soil gold concentrations of 100 ppb Au and above. A concentration of 100 ppb or higher of gold in soil is a considered to be clearly indicative of associated gold mineralization in the Huidong - Boka district.

More detailed investigation of priority area 1 by Team 209 and Magnus has revealed the presence of fifty four old tunnels where historical gold mining has occurred. This is a very good indication of potentially high ore grades for gold since the gold concentrations in historical tunnels would typically have been high enough to warrant recovery by very labor-intensive and primitive mining methods.

Rocks from these tunnels and other exposures away from tunnels have been sampled and analyzed for Au. Sixteen rock samples were collected and analyzed from the area of the 1.15 km2 soil gold anomaly. Thirteen of these sixteen rocks returned Au concentrations of 1 g/tonne or higher, with the highest Au concentration at 7.2 g/tonne Au. Further, there were 21 surface rock samples with greater than 1 g/tonne Au based on only limited surface sampling to date. The occurrence of gold-bearing rock samples at surface with these gold concentrations is considered highly encouraging.

More detailed investigation of the surface gold features at Priority Area 1 continues. A trench sampling program is underway to better define Au mineralized zones inferred by geological mapping and apparent in the soil and rock geochemistry completed to date.

Simultaneously, infill sampling programs are underway for the other two target areas, to be followed by similar trenching, tunneling, and drilling programs.

MANGSHI – YUNNAN WESTERN MINING LTD.

In August of 2005, Magnus acquired the right to earn a 90% interest in another Chinese joint venture company, Yunnan Western Mining Ltd., also with joint venture partner Team 209. Yunnan Western Mining holds an exploration license for the 113.96 sq. km “Mangshi” property located in the far Southwest of Yunnan province near the Mayamar border, 25km southwest of Luxi City, a regional center of approximately 300,000 people and accessible by road and air transportation from several major destinations in China.

The terms of the Joint Venture require Magnus to expend a total of US$3,010,000 on the area covered by the Exploration License over a period of roughly three years.

Within the Mangshi exploration area are two smaller mining permits which conduct small scale heap leach mining operations. On October 29, 2005, the Company (through Yunnan Western Mining) agreed to purchase these mining permits from Team 209 The existing heap leach operations will continue to be operated by Team 209 under the Transfer Agreement, but only to a maximum depth of 15 meters, only for a maximum period of 3 years from the date of execution and only for resources (gold in loose unconsolidated red soil) as defined under the agreement. Magnus maintains an option to purchase the existing estimated resources within the mining license at any time.

There is an abundance of geological information already available about the property, and a report on the property pursuant to Canadian National Instrument 43-101 has already been published. According to Dr. Paul Taufen, Magnus’ technical director, extremely promising information available for the Mangshi property makes it virtually “drill ready”. Magnus has already developed a comprehensive drill program for the property, which the company is currently implementing.



For more information about the upcoming program, and more comprehensive geological information in relation to Mangshi, as prepared by Dr. Paul Taufen and Ruben Versoza.

AMEC BRINGS GLOBAL MINING EXPERTISE

Magnus has retained AMEC as a project consultant to guide its exploration programs. AMEC is one of the leading mining engineering firms in the world. AMEC has provided front-end services to virtually all of the world’s major mine developers and operators, as well as mid-sized mining companies, “juniors” and lending institutions. Front-end services include ore reserve calculations, geological modeling, mine planning and design, geotechnical services, and feasibility studies.

The parent company of AMEC’s mining group is an international project management and engineering services company that employs 45,000 people in more than 40 countries. With more than 50 years of experience in meeting the needs of the mining industry, AMEC is providing Magnus and Team 209 with expert guidance and support through a core team of professionals. In the last 10 years alone, AMEC has provided services on more than 1,000 mining and metallurgical projects in nearly 70 countries. As an example, AMEC was recently awarded the contract for the option studies, pre-feasibility study and detailed feasibility study of Ivanhoe Mines’ Oyu Tolgoi porphyry copper-gold-molybdenum mine in Mongolia.

MODERN DAY GOLD RUSH IN CHINA

China is the world’s fourth largest gold producer, with an annual output of approximately 175 tonnes in 2002. But there remains considerable potential for untapped mineral wealth because most of the country has yet to be systematically explored using modern exploration techniques. A booming economy, liberalized business regulations, and an aggressive pursuit of foreign investment have set the stage for a modern day gold rush in China. Industry leaders such as Placer Dome and Barrick Gold have already invested there. Ambitious junior mining companies –such as Magnus – are also taking advantage of this rare opportunity to attempt to replicate Southwestern’s success at Boka in an attempt to discover a multi-million ounce gold deposit. Several factors are attracting foreign mining firms to invest in China now. These include:

granting of irrevocable exclusive mining rights to foreign companies with permission to transfer mining rights to other foreign companies
China’s need of capital and technology transfer from the west to develop its domestic metal supply
equal access guarantees to foreign mining companies to extensive government geological data
China’s membership in the World Trade Organization, which subjects it to sanctions for any unjust discrimination against foreign mining companies
establishment of a domestic market in Shanghai for gold sales at close to world spot prices
government deregulation and the emergence of a vibrant mining private sector

[Zuendel]

Die Bergbaugesetze in China werden ständig verbessert:

China is the world’s fourth largest gold producer, with an annual output of approximately 175 tonnes in 2002. However, most of the country has not yet been systematically explored using modern exploration techniques and therefore offers the potential of considerable untapped mineral wealth. A booming economy, liberalized business regulations, and an aggressive pursuit of foreign investment, have set the stage for a modern day gold rush in China.

China’s state owned mining sector is welcoming mining companies with the financial resources, technology, and management expertise to find and develop significant new deposits. There are several factors that provide ample incentive to foreign mining firms to invest in China:

government deregulation of the mining industry
the emergence of a vibrant new private sector
the granting of irrevocable exclusive mining rights to foreign companies
permission to transfer of mining rights to foreign companies
a guarantee to foreign mining companies of equal access to a wealth of government geological data
China’s membership in the World Trade Organization, which subjects it to sanctions for any unjust discrimination against foreign mining companies
The opportunity to be part of a modern day gold rush has already attracted mining industry leaders, including Placer Dome and Barrick Gold. A handful of ambitious junior mining companies are also vying to follow in the footsteps of Southwestern Resources. These juniors have both the flexibility and the willingness to aggressively pursue what China may offer: an extremely rare opportunity to discover and own a multi-million ounce gold deposit. Magnus is such a company.

[pommesjupp]

willst du dir den tag versauen, mußt du in den spiegel schaun.

[Zuendel]

Ich bin mir sicher, wir werden noch viel positives mit diesem Wert bzw. dem Kurs erleben!!




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