C4A - Continental Prec.Minerals - ein wahres Kleinod?! - 500 Beiträge pro Seite

[grasgruener]

ich starte den Thread mit dem am Freitag nach Handelschluß veröffentlichten NI43-101 Estimate; welches mehr als hervorragende Ergebisse brachte und gerademal auf 6% der Liegenschaft erbohrt wurde!!!!

Jun 22, 2007 16:11 ET
Continental Precious Minerals Inc.: NI 43-101 Technical Report Being Filed Today
TORONTO, ONTARIO--(Marketwire - June 22, 2007) - Further to the news releases of May 10, 2007, May 18, 2007 and May 25, 2007 issued by Continental Precious Minerals Inc. (TSX:CZQ) (the "Company" or "Continental") respecting the Company's multi-metal sediment ("MMS") Viken Licence in Sweden, Gerald A. Harron ("Harron"), of G.A. Harron & Associates Inc., a "qualified person" within the meaning of National Instrument 43-101, has completed his technical report on the MMS Viken Licence and the report is being filed on SEDAR today and will be available under the Company's profile at www.sedar.com.

The technical report contains the following estimates of inferred resources, which are nearly identical to what was published in the Company's press releases for uranium oxide, slightly lower for nickel and vanadium and slightly higher for molybdenum due to rounding errors.



---------------------------------------------------------------Metal / Oxide Grade (lbs / ton) Tons Quantity (lbs)---------------------------------------------------------------U3O8 0.37 pounds per ton 207,000,000 76,500,000---------------------------------------------------------------Ni 0.71 pounds per ton 207,000,000 147,440,000---------------------------------------------------------------V2O5 6.06 pounds per ton 207,000,000 1,253,891,000---------------------------------------------------------------MoO3 0.81 pounds per ton 207,000,000 168,554,000---------------------------------------------------------------



The drill information used for the inferred resource estimate pertains to a small area (approximately 6 percent) of the MMS Viken Licence.

The methodology used to estimate the inferred resource involved generating plans and sections to verify both geological and grade continuity between drill holes. Lower assay cut-offs were 0.23 pounds per ton for U3O8 0.3 pounds per ton for MoO3, 2.0 pounds per ton for V2O5 and 0.4 pounds per ton for nickel, which represents natural breaks in the spectra of assay values. In a few cases assay values less than those listed above were included in composite samples in order to maintain geological and assay continuity between drill holes. The resource estimation using Gemcom® software considered polygons with a 300 metre search radius confined by geological considerations and "nearest neighbour" considerations. The diamond drill spacings vary from 25 metres to 300 metres. Assays were performed by ALS Chemex in Ojebyn and ALS Analytica in Lulea, Sweden.

The Company expects to have three diamond drills operating on the MMS Viken Licence and surrounding licences throughout this summer and, together with assay results from drill holes already completed but not yet received by the Company, expects to be able to substantially increase the resource estimate for all four metals.

Gerald Harron, of G.A. Harron & Associates Inc., a qualified person under National Instrument 43-101, is responsible for the technical disclosure contained in this news release.

Cautionary Statement Regarding Forward-Looking Statements

This news release contains forward-looking statements regarding the Company's plan to further drill the MMS Viken Licence and surrounding licences and the Company's expectation that the Company can substantially increase its resource estimate. The inferred resource estimate contained in this news release is an estimate only and is not equivalent to reserves and does not mean that the mineral resource can be economically mined. Actual developments may differ materially from those contemplated by these statements depending upon, among other things, that there is continuity of the deposit within various imbricated lithologies, there not being any unexpected hindrances to planned drilling programs as well as those factors discussed in the Company's disclosure documents filed on SEDAR at www.sedar.com. The forward looking statements contained in this news release represent the Company's views and expectations as of the date of this release and should not be relied upon as representing its views and expectations at any subsequent date.

[grasgruener]

und das ganze für gerademal MK 80 Mio €!!!!!!!!!

ein potentieller Verzehnfacher

[grasgruener]

http://www.marketwire.com/2.0/release.do?id=745312
news im Original

[grasgruener]

noch besser zum lesen:

U308 - 76,5 Millionen Pfund

NI - 147,44 Millionen Pfund

V205 - 1,253 Milliarden Pfund

MoO3 - 168,5 Millionen Pfund

-MK ca.80 Euro
-und das Ganze auf gerademal 6% der Liegenschaft!!!!!!!!

[dukezero]

Warum ist die Anfang Mai so runtergekommen?

[grasgruener]

nun, bin auch erst seit heute dabei - die Daten überzeugen........sonst nich meine Art!

hoffte das Global_Investor uns noch ein paar Facts liefert, aber irgendwie muß ich ihn mit der Thread-Eröffnung verärgert haben...

[dukezero]

So trifft man sich wieder!

[grasgruener]

Antwort auf Beitrag Nr.: 30.309.772 von dukezero am 25.06.07 17:19:43

jepp!!

[grasgruener]

hier mal die Hompage:

http://www.cpminerals.com/

[grasgruener]

Share Structure as of May 1, 2007:
TSX Symbol: CZQ
OTC:BB Symbol: CTPMF
Shares Outstanding: 41,577,101
Fully Diluted: 66,968,863
Year High/Low: $5.85/$1.01
Amount in Treasury: Approx. $27,000,000 das iss Fett
For SEDAR filings, visit www.sedar.com
For latest releases and share price, visit www.tsx.com

[DanielK11]

Sind die Gerade den Ökonomisch abbaubar ?
0.37 pound per ton uranium ?

[grasgruener]

Antwort auf Beitrag Nr.: 30.310.314 von DanielK11 am 25.06.07 17:42:41

jepp!

[DanielK11]

Liest sich ja ganz gut!
Ich kann bei Uran werten nur nicht mit diesen gehalten punds per ton viel anfangen...wieviel sind das denn in % ?
also alles ab 0,1X % ist ok

[jochen310771]

Hallo @ll zusammen (und einen speziellen nach Berlin)
wollt mal hallo sagen und den Thread durchlesen - der Umsatz in den letzten & Wochen lag praktisch bei null hier in Deutschland und in Can wenig interesse (120k) und wir stehen 5 Cent über pari.
Ich werde die Aktie mal in der nächsten Zeit genau im Auge behalten aber bleib mal an der Seitenlinie stehen
Wie bist Du auf die Aktie gekommen ?
Gruß Jochen

[Illuminat85]

Antwort auf Beitrag Nr.: 30.312.758 von jochen310771 am 25.06.07 19:59:15

peketec

global_investor

[Zocker_Freak]

Antwort auf Beitrag Nr.: 30.312.758 von jochen310771 am 25.06.07 19:59:15

Hier das Posting von Global_Investor auf peketec.de

http://www.peketec.de/phpBB2/viewtopic.php?p=185426&highligh…

-----------------------------------
GEILE FIRMA

76,5 Mio. Pfund Uran (jetzt 43-101 nachgewiesen !!!!!) und unter 80 Mio. € Market Cap !!

Der helle Wahnsinn!!



TSX-CZQ / Dtld. C4A / WKN

Aktuell 2.54 CAD$ / 1.80 € LONG



NI 43-101 Technical Report Being Filed Today

June 22, 2007 - TORONTO, ONT. Further to the news releases of May 10, 2007, May 18, 2007 and May 25, 2007 issued by Continental Precious Minerals Inc. (TSX-CZQ) (the "Company" or
"Continental") respecting the Company's multi-metal sediment ("MMS") Viken Licence in Sweden, Gerald A. Harron ("Harron"), of G.A. Harron & Associates Inc., a "qualified person"
within the meaning of National Instrument 43-101, has completed his technical report on the MMS Viken Licence and the report is being filed on SEDAR today and will be available under the Company's profile at www.sedar.com.

The technical report contains the following estimates of inferred resources, which are nearly identical to what was published in the Company's press releases for uranium oxide, slightly lower for nickel and vanadium and slightly higher for molybdenum due to rounding errors.

Metal/Oxide Grade (lbs / ton) Tons Quantity (lbs)

U3O8 0.37 pounds per ton 207,000,000 76,500,000

Ni 0.71 pounds per ton 207,000,000 147,440,000

V2O5 6.06 pounds per ton 207,000,000 1,253,891,000

MoO3 0.81 pounds per ton 207,000,000 168,554,000

The drill information used for the inferred resource estimate pertains to a small area (approximately 6 percent) of the MMS Viken Licence. - das ist der Hammer

The methodology used to estimate the inferred resource involved generating plans and sections to verify both geological and grade continuity between drill holes. Lower assay cut-offs were
0.23 pounds per ton for U3O8, 0.3 pounds per ton for MoO3, 2.0 pounds per ton for V2O5 and 0.4 pounds per ton for nickel, which represents natural breaks in the spectra of assay values. In a few cases assay values less than those listed above were included in composite samples in order to maintain geological and assay continuity between drill holes. The resource estimation using Gemcom software considered polygons with a 300 metre search radius confined by geological considerations and "nearest neighbour" considerations. The diamond drill spacings vary from 25 metres to 300 metres. Assays were performed by ALS Chemex in Öjebyn and ALS Analytica in Luleå, Sweden.

The Company expects to have three diamond drills operating on the MMS Viken Licence and surrounding licences throughout this summer and, together with assay results from drill holes already completed but not yet received by the Company, expects to be able to substantially increase the resource estimate for all four metals.

Gerald Harron, of G.A. Harron & Associates Inc., a qualified person under National Instrument 43-101, is responsible for the technical disclosure contained in this news release.
-------------------------

Gruß Zocker_Freak

[grasgruener]

mal nen paar Beiträge der letzten Tage aus Kanada:

Company has over $35mm in cash and 95mm lbs of U308.
They will be signing a JV partner shortly for both projects and expect to hire a mining engineering firm shortly.

There was mass confusion on the release of the MMS hosted uranium deposits. This was compounded by the dramatic selloff in the whole sector.

I expect they will add a stronger mgmt team shortly and continue to prove up additional 43-101 compliant pounds along with metalurgical testing of the MMS rock coming to market.

I would be a buyer anywhere under $2.75, its really quite ridiculous and i see it as an excellent opportunity

[grasgruener]

No one understood the MMS deposit basically and it had gone up almost 100% into the May 14th release...that and it came out when all the others like FORSYS etc..got marked down. Should recover soon, the company is making many changes. Its trading at a discount to the 20mm lbs of granite hosted U308 and has $35mm in cash. It also has 76mm lbs of MMS hosted U308.
A great price to pick some up for me

[grasgruener]

as of June 15 ~ 645,251 shares R short, an increase of 33,659 shares
fwiw, chart is nicely OVERSOLD, as per the CCI, MACD, ADX, .... and with yesterday's spinning top, let's see who wins the tug0war today?

[grasgruener]

More drill results soon. Mid July or sooner. Looking to re-enter if RAB lets up on the selling of cheap financing share soon.
The rock value per ton has tripled with the moly, nickel and vanadium. Hydro, rail, roads and water are there. The metallurgy work is in progress.

[grasgruener]

On only 6% of the project - plus nickel, moly, vanadium.
Assuming the consistency of the shale, what will the eventual total be? I just multiply by 10 to be conservative. It's a huge number.

I'm long as a pure value play.

[Illuminat85]

könnte noch weiter fallen, naja, warte jedenfalls noch einen besseren einstiegspunkt ab.....

natürlich auch um zeit zum informieren zu gewinnen, das kann bei mir dann schon mal ein paar tage in anspruch nehmen, da meine zeit für börse leider begrenzt ist...

[alpine110]

[grasgruener]

nun ja, wie es aus sieht dreht sie langsam in die richtige Richtung!

[Illuminat85]

kaufgelegenheit

[Illuminat85]

war ne ganz schöne sl welle. am montag gehts weiter richtung norden.

[Popeye82]

...

[grasgruener]

http://www.marketwire.com/mw/release.do?id=764817

Aug 28, 2007 18:24 ET
Continental Precious Minerals Inc.: Updated Inferred Resource Estimate on MMS Viken Licence-232 Million Pounds of Uranium Oxide
TORONTO, ONTARIO--(Marketwire - Aug. 28, 2007) - Further to the news releases issued by Continental Precious Minerals Inc. (TSX:CZQ) (the "Company" or "Continental") on May 10, 2007 and subsequently respecting the Company's 100% owned multi-metal sediment ("MMS") Viken mineral exploration licence ("MMS Viken Licence") in Sweden, Gerald A. Harron ("Harron") of G.A. Harron & Associates Inc., Eugene Puritch of P&E Mining Consultants Inc. and Fred Brown of FHB Consulting Services Inc., each a "qualified person" within the meaning of National Instrument 43-101, have updated the resource estimate as of today for the MMS Viken Licence contained in Harron's report of June 22, 2007. An updated National Instrument 43-101 compliant technical report is expected to be filed on SEDAR tomorrow and available under the Company's profile at www.sedar.com.

The updated inferred resource estimate, as summarized in the table below, is more than a threefold increase to Harron's prior resource estimate for the MMS Viken Licence, with slightly lower grades for each of the four metals:




---------------------------------------------------------------------------Metal/ Grade Grade (%) Tons Quantity (lbs)Oxide (lbs/ton)---------------------------------------------------------------------------U3O8 0.34 lbs/ton 0.017 % 685,242,000 232,982,280---------------------------------------------------------------------------Ni 0.61 lbs/ton 0.030 % 685,242,000 417,997,620---------------------------------------------------------------------------V2O5 5.83 lbs/ton 0.290 % 685,242,000 3,994,960,860---------------------------------------------------------------------------MoO3 0.73 lbs/ton 0.036 % 685,242,000 500,226,660---------------------------------------------------------------------------



The drill information used for the inferred resource estimate pertains to approximately 40% of the MMS Viken Licence area.

All of the uranium mineralization is sedimentary in nature and is hosted in the Alum Shale Formation ("Alum Shale"), a Middle Cambrian to earliest Ordovician black shale lithostratigraphic unit that extends throughout Scandinavia. Generally the unit is 20 metres thick, and in the MMS Viken Licence area tectonic repetition has increased the thickness to approximately 200 metres in thickness. The deposits sub-outcrop beneath variable thicknesses of glacial deposits of up to 9 metres thick.

Uranium mineralization is generally more abundant and uniformly distributed in the Upper Cambrian facies of the Alum Shale, with slightly lesser amounts in the Middle Cambrian. Moreover, higher uranium contents are associated with organic carbon contents greater than about 10%. The high organic content facies of Alum Shale has a shiny to lustrous black colour resembling anthracite riddled with millimetre to centimetre thick calcite and pyrite veinlets. The primary uranium minerals are micron sized uraninite and coffinite that appear to be bonded to clay minerals and organic carbon. The other metals are presumed to occur as organo-metallic complexes or oxides bonded to clay minerals.

The MMS Viken Licence is considered to be advanced stage exploration, as grid drilling continues in order to define a deposit suitable for open pit exploitation. Historical work on the property consists of reconnaissance style diamond drilling carried out in the late 1970's by the Sveriges Geologiska Undersokning or the Geological Survey of Sweden (the "SGU"). Diamond drill hole Myrviken 78-005 (by SGU) is located on the property. Assays from this vertical hole record a 194.77 metre true thickness intersection grading 0.41 pounds U3O8 per ton (173 ppm U), which provides the impetus for exploration at this site.

Harron visited the property on March 26 and 27, 2007, at which time drill cores were examined and sampling protocols reviewed at Geoforum Scandinavia AB's core handling facility.

A major component of the QA/QC program on the MMS Viken Licence consisted of drilling hole Myr 06-002, 25 metres south of historical drill hole Myrviken 78-005 and analyzing the core. The results show excellent correlation for both spatial distribution and absolute values for uranium. For QA/QC purposes, every 25th sample was sent to a second laboratory for re-analysis. Analyses were performed by ALS Chemex in Ojebyn and ALS Analytica in Lulea, Sweden. The correlation between six original and second assay of the same pulp is 96.8% for uranium indicating no significant analytical problems.

Inter-laboratory accuracy was also explored because two laboratories were used to generate analytical results. A total of 128 samples were analyzed at each laboratory. The resultant data indicates no significant bias exists for U3O8 and V2O5 values. A significant bias exists however for MoO3 (10.5%) and Ni values (45.2%). Accordingly, approximately 20% of the data for MoO3 and Ni sent to one laboratory may need to be re-analysed prior to a preliminary feasibility study.

Core samples were two metres long or shorter where constrained by lithologic contacts. Sample lengths are approximately true widths. All samples sent for analyses were prepared using a jaw crusher, which was cleaned with compressed air between samples. A 250 gram split of the crushed sample with 70% passing through a 9 mesh screen was pulverized with 85% passing through a 200 mesh screen. A four acid sample digestion allows complete digestion of the elements of interest, followed by a combination of ICP-MS (inductively coupled plasma mass spectroscopy) and ICP-AES (inductively coupled plasma atomic emission spectrophotometry) determination techniques. Total carbon was determined by a Leco furnace and the inorganic carbon was analysed by a Coulometer.

The methodology used by the consultants to estimate the inferred resource involved generating a three dimensional geological model based on 25 metre cross sections with the mineralization constrained to the Alum Shale lithology. Two metre long composite samples were created for U, V, Mo and Ni expressed as ppm concentrations. Grade capping was applied to the metal concentrations in order to reduce the impact of high-grade outlier values during block interpretation. Grade continuity was examined via variography suggesting that the optimal drill hole spacing is a 100 metre grid drilling. A bulk density of 2.51 t/m3 was assumed for all lithologic units.

Three-dimensional modelling methods were used in accordance with principles meeting Canadian Institute of Mining, and Metallurgy Guidelines. Blocks measured 25 metres by 25 metres in plan by 10 metre vertical. An NSR grade-element was calculated based on the U, V, Mo and Ni block values using the parameters listed in the following table.


--------------------------------------------------------------------------- Mo Ni U V---------------------------------------------------------------------------Price US$25.00/lb US$12.00/lb US$55.00/lb US$5.00/lb---------------------------------------------------------------------------Recovery 15% 66% 90% 65%---------------------------------------------------------------------------



Block grades were estimated with a single pass Inverse Distance Cubed calculation. A reasonable continuity of grade across the Alum Shale is demonstrated by the drill holes. However due to the complex geological model, limited number of drill holes and lack of density and collar survey information, the resource has been classified as an inferred resource (within the meaning of Canadian Institute of Mining and Metallurgy Guidelines) in its entirety. Inferred resources are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as reserves.

For this resource estimate a break-even cut off of US$7.50 was selected based on a general knowledge of mining costs. The global resource estimate is defined by those blocks falling within a Whittle optimized pit derived from applying the cut-off NSR value and a 50 degrees slope for the pit. Following this procedure the grades for U, V and Mo were then converted to standardized oxide units for reporting purposes.

Gerald Harron P. Eng. of G.A. Harron & Associates Inc., a qualified person under National Instrument 43-101, is responsible for the technical disclosure contained in this news release.

Cautionary Statement Regarding Forward-Looking Statements

This news release contains forward-looking statements regarding the Company's expectation that an updated technical report supporting the disclosure contained in this news release will be completed and filed tomorrow. The inferred resource estimate contained in this news release is an estimate only and is not equivalent to reserves and does not mean that the mineral resource can be economically mined. Actual developments may differ materially from those contemplated by these statements depending upon, among other things, there not being any unanticipated difficulties in completing the updated technical report, there not being a change to Swedish mining laws, there not being an adverse decision of regulators or public or environmental opposition as well as those factors discussed in the Company's disclosure documents filed on SEDAR at www.sedar.com. The forward looking statements contained in this news release represent the Company's views and expectations as of the date of this release and should not be relied upon as representing its views and expectations at any subsequent date.

[alpine110]

[grasgruener]

jepp - das war fett - im übrigen auch die Reaktion in Canada....könnte so weiter gehen!

[Popeye82]

Hey,

beobachte das schon fast von Anfang an mit,
es scheint mir auch der helle Wahnsinn.

(WENN das auch fast alles wirtschaftlich abbaubar
ist -was ich derzeit noch nicht wirklich abschätzen kann), dann ist das glaube ich eine der verschärftesten Sachen,
die mir bisher unter die Augen gekommen ist.

DANN sollte das mit der Zeit ein ziemlich klarer
(POTENZIELLER natürlich) Ver10facher sein

...bei dem selbst danach einsteigen noch
interessant sein könnte!!

Man soll die Latte ja nicht zu hoch hängen
-will mich KEINESfalls in diese Pusherriege einreihen!


Aber es scheint mir (dann)schon arg danach auszuschauen.


(Wenn man doch nur immer mehr Geld zum investieren hätte -verdammt!!)


Ich bin sehr sehr gespannt.

-Me-

[Popeye82]

"Continental Precious Minerals Inc.: Update on Exploration Activities in Sweden
Friday December 14, 1:53 pm ET

TORONTO, ONTARIO--(Marketwire - Dec. 14, 2007) - Continental Precious Minerals Inc. (TSX:CZQ - News; the "Company" or Continental" ) is pleased to update shareholders on its recent exploration activity in Sweden. The Company has completed 64 drill holes to date, for a total of 12,634 meters.

ADVERTISEMENT
The Company presently has four drills operating in Sweden, of which two are operating on the extensions to the north of the MMS Viken Licence where our primary objective is to substantially increase our inferred resource. The third drill is being used for reconnaissance drilling on licenses in the vicinity of the MMS Viken Licence.

The fourth drill is being used to complete verification drilling on HRU Licences. Initial verification drilling has been undertaken on the Skuppesavon, Kvarnan and Sagtjarn licences and the Company expects to commence drilling at Nojdfjallet and Lill-Juthatten. We are currently awaiting permits from the County authorities to drill on these two licences.

The Company expects to commence initial exploration on its licences in Southern Sweden in the Spring/Summer of 2008. Geological reconnaissance is underway in the Narke area where promising exposed stratigraphic sequences have been observed in potential oil shale horizons.

Continental has been experiencing delays in receiving assay results from a laboratory in Vancouver and, for this reason, has initiated analyses to be undertaken by a second laboratory. We have recently received results from 14 drill holes and expect to update our resource estimate early in the new year.

The Company is well financed with approximately $31 million and no debt, which puts the Company in a good position to pursue our objectives.

Cautionary Statement Regarding Forward-Looking Statements

This news release contains forward-looking statements regarding the Company's objective to substantially increase our inferred resource on the MMS Viken Licence, the Company's expectation as to planned drilling and the Company's expectation that it will be able to provide an update of its resource estimate early in the new year. Actual developments may differ materially from those contemplated by these statements depending upon, among other things, there being continuity of the deposit within various imbricated lithologies, obtaining the permits necessary to drill, there not being any unexpected hindrances to planned drilling programs and updating of the resource estimate and there not being an adverse decision of regulators or public or environmental opposition as well as those factors discussed in the Company's disclosure documents filed on SEDAR at www.sedar.com. The forward looking statements contained in this news release represent the Company's views and expectations as of the date of this release and should not be relied upon as representing its views and expectations at any subsequent date.


Contact:

Ed Godin
Continental Precious Minerals Inc.
President
[phone]

Source: Continental Precious Minerals Inc."

[Popeye82]

erste schon älter, die frisch...

"Continental Precious Minerals Inc. Announces Normal Course Issuer Bid
Thursday February 14, 2:51 pm ET

TORONTO, ONTARIO--(Marketwire - Feb. 14, 2008) - Continental Precious Minerals Inc. (TSX:CZQ - News; the "Company" or "Continental") today announced that it has received approval from the Toronto Stock Exchange for its proposed normal course issuer bid to purchase up to 3,616,105 common shares, representing approximately 10% of the Company's issued and outstanding common shares excluding shares held by insiders. Purchases pursuant to the bid will be made through the facilities of the Toronto Stock Exchange and will be subject to the rules of the Exchange including the rules pertaining to the maximum number of shares that may be purchased in any one day, which shall be 58,355 common shares (being 25% of the average daily trading volume of the common shares during the most recently completed six months) other than block purchases that may be made by the Company as permitted by the rules of the Exchange. The period of the normal course issuer bid will extend from February 19, 2008 to February 18, 2009, or an earlier date should the Company complete its purchases. The Company will pay the market price at the time of acquisition of any common shares purchased through the facilities of the Exchange. All common shares acquired by the Company under this bid will be cancelled. As at February 8, 2008, the Company had 47,384,329 common shares issued and outstanding.

ADVERTISEMENT
The Company is intending to purchase its common shares under the normal course issuer bid because it believes that, from time to time, the market price of its common shares may not fully reflect the underlying value of its business and its future prospects. The Company believes that, in such circumstances, the outstanding common shares represent an attractive investment for the Company.


Contact:

Ed Godin
Continental Precious Minerals Inc.
President
[phone]

Source: Continental Precious Minerals Inc."


Kann ich ja verstehen
-was könnte es denn viel besseres geben??

[Popeye82]

Sprott müsste mit mind. 1nem seiner Fonds auch Anteile
halten, hab ich in dem -etwas älteren- '2007 1st Half Year-Financial Report', however, (also gut ein halbes Jahr alt) seiner Fonds gesehen -sofern das noch aktuell sein sollte.

[grasgruener]

Apr 11, 2008 17:13 ET
Continental Precious Minerals-Second Update of Inferred and Indicated Resource Estimates on Viken MMS Licence
TORONTO, ONTARIO--(Marketwire - April 11, 2008) - Further to the news release issued by Continental Precious Minerals Inc. (TSX:CZQ) (the "Company" or "Continental") on February 28, 2008 respecting the Company's 100% owned multi-metal sediment ("MMS") Viken mineral exploration licence ("Viken MMS Licence") in Sweden, Gerald A. Harron ("Harron") of G.A. Harron & Associates Inc., Eugene Puritch of P&E Mining Consultants Inc. and Fred Brown of FHB Consulting Services Inc., each an independent "qualified person" within the meaning of National Instrument 43-101, have updated the resource estimate for the Viken MMS Licence contained in Harron, Brown and Puritch's report of April 11, 2008. An updated National Instrument 43-101 compliant technical report is being filed on SEDAR today and will be available under the Company's profile at www.sedar.com.

The updated resource estimate, effective January 31, 2008, is found in "Second Updated Technical Report on Viken MMS Licence, Jamtland, Norbotten, Kingdom of Sweden for Continental Precious Minerals Inc.", dated April 11, 2008. Summarized in the table below are the updated resource estimates for uranium oxide, vanadium oxide, molybdenum oxide and nickel, which are almost doubles the prior inferred resource estimate for the Viken MMS Licence, with slightly lower grades for each of the metals (see news release of August 28, 2007).




--------------------------------------------------------------------------- U3O8 V2O5 MoO3 Ni---------------------------------------------------------------------------INDICATED tonnes in 000's 13,708 13,708 13,708 13,708RESOURCE ---------------------------------------------------------------- lbs/ton 0.38 6.10 0.80 0.59 ---------------------------------------------------------------- Grade% 0.019 0.305 0.040 0.030 ---------------------------------------------------------------- lbs metal/oxide in 000's 5,742 92,173 12,088 9,066---------------------------------------------------------------------------
--------------------------------------------------------------------------- U3O8 V2O5 MoO3 Ni---------------------------------------------------------------------------INFERRED tonnes in 000's 1,166,135 1,166,135 1,166,135 1,166,135RESOURCE ---------------------------------------------------------------- lbs/ton 0.33 5.57 0.71 0.62 ---------------------------------------------------------------- Grade% 0.017 0.278 0.035 0.031 ---------------------------------------------------------------- lbs metal/oxide in 000's 437,046 7,146,994 899,801 796,967---------------------------------------------------------------------------
(1) Mineral resources which are not mineral reserves do not have demonstrated economic viability. The estimate of mineral resources may be materially affected by environmental, permitting, legal, title, taxation, sociopolitical, marketing or other relevant issues.
(2) The quantity and grade of reported inferred resources in this estimation are uncertain in nature and there has been insufficient exploration to define these inferred resources as an indicated or measured mineral resource and it is uncertain if further exploration will result in upgrading them to an indicated or measured mineral resource category.



The drill information used for the inferred resource encompasses approximately 90% of the MMS Viken Licence surface area.

The mineral resources in this news release were estimated using the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) Standards on Mineral Resources and Reserves, Definitions and Guidelines prepared by the CIM Standing Committee on Reserve Definitions and adopted by CIM Council December 11, 2005. The methodology used to estimate the updated inferred and indicated resources is well documented in the Company's press release dated February 28, 2008, and filed on Sedar.com.

The authors of the Technical Report conclude that additional grid drilling at 100 metre centres would increase the level of confidence in the estimates and allow additional inferred resources to be classified as indicated resources. Accordingly a $C 4,000,000 budget is proposed to conduct another 40,000 metres of diamond drilling on the MMS Viken Licence.

Gerald A. Harron, P.Eng. of G.A. Harron & Associates Inc., Eugene Puritch, P.Eng. of P&E Mining Consultants Inc. and Fred Brown, CPG, Pr.Sci.Nat of FHB Consulting Services Inc., each an independent qualified person under National Instrument 43-101, are responsible for the technical disclosure contained in this news release.