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FAKTENTHREAD: JAMES BAY LOWLANDS (firmenunabhängige Übersicht) - 500 Beiträge pro Seite


WKN: A0CAKK | Symbol: NOT
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Begriffe und/oder Benutzer

 

So, ich habe mal BWK´s Anregung aufgenommen und starte einen Faktenthread über das Gebiet JAMES BAY LOWLANDS, Ontario, Kanada.

Dies ist das Gebiet des Noront Double Eagle Fundes.

Der Thread soll es allen Interessierten ermöglichen, sich schnell und zusammenhängend über die Player in diesem Gebiet, mit aktuellen und historischen Drillergebnissen und entsprechenden Übersichtskarten zu erkundigen.

Daher meine Bitte: nur Fakten posten und bitte keine Kommentare etc. !





Aber fangen wir erst einmal mit Wikipedia an:

http://en.wikipedia.org/wiki/James_Bay




Gruß,
Als nächstes die neueste Übersichtskarte mit Claimzuordnung (Stand: Oktober 2007):



Starten wir mit dem "leader of the pack":






NORONT (NOT.V) Double Eagle Projekt :








Folgende Drillergebnisse sind bisher bestätigt:

NOT-07-01

71,5 m mit 0.86% Kupfer, 1.12% Nickel, 0.70 g/t Platin, 2.14 g/t Palladium, 0.09 g/t Gold, 2.90 g/t Silber

inklusive 36.0 m mit 1.53% Kupfer, 1.84% Nickel, 1.14 g/t Platin, 3.49 g/t Palladium, 0.13 g/t Gold, 4.80 g/t Silber

gefolgt von 34.5 m mit 0.19% Kupfer, 0.4% Nickel, 0.24 g/t Platin, 0.74 g/t Palladium, 0.06 g/t Gold, 1.0 g/t Silber


NOT-07-02

86.4 m mit 1.16% Kupfer, 1.88% Nickel, 0.99 g/t Platin, 3.16 g/t Palladium, 0.13 g/t Gold, 4.10 g/t Silber

inklusive 57.9 m mit 1.40% Kupfer, 2.02% Nickel, 1.00 g/t Platin, 3.27 g/t Palladium, 0.14 g/t Gold, 5.30 g/t Silber

gefolgt von 28.5 m mit 0.70% Kupfer, 1.65% Nickel, 0.96 g/t Platin, 2.97 g/t Palladium, 0.09 g/t Gold, 1.70 g/t Silber


NOT-07-03

Keine positiven Ergebnisse


NOT-07-04

Keine positiven Ergebnisse


NOT-07-05

117.4 m mit 2.20% Kupfer, 4.10% Nickel, 2.09 g/t Platin, 7.13 g/t Palladium, 0.42 g/t Gold, 6.30 g/t Silber

inklusive 68.2 m mit 3.10% Kupfer, 5.90% Nickel, 2.87 g/t Platin, 9.78 g/t Palladium, 0.61 g/t Gold, 8.50 g/t Silber

inklusive 3.0 m mit 10.90% Kupfer, 8.65% Nickel, 40.79 g/t Platin, 14.57 g/t Palladium, 9.39 g/t Gold, 8.70 g/t Silber



NOT-07-06

Keine positiven Ergebnisse



Bis jetzt sind mindestens 12 Löcher gebohrt worden, wobei gerade die Ergebnisse für NOT-07-07, NOT-07-09 und NOT-07-12 besonders erwartet werden, da diese den mineralisierten Erzkörper auf einer Länge von 51 m bzw. 42,75 m bzw. 128,7 m (bisher, da noch nicht beendet !) getroffen haben.

Die Ergebnisse werden in Kürze erwartet.



Gruß,
Fantomas
Diejenigen, die sich über den aktuellen Stand der Claims in dem Gebiet informieren wollen (wer hat wann "gestaked" ?, wem gehört der Claim ? etc.), seien auf folgende Seite des Kanadischen Minenministeriums (MNDM) verwiesen:


http://www.mndm.gov.on.ca/mndm/mines/lands/claimap3/disclaim…



Anleitung:

1. Unten auf der Seite den Disclaimer mit YES bestätigen.
2. Auf der sich neu öffnenden Seite (CLAIMaps III) oben rechts das Feld "search by" auf "Claim Number" ändern.
3. dann im Feld rechts daneben die Claim Nummer des Double Eagle Fundes eingeben : 3012264
4. Auf "GO" clicken -> ihr seht die Karte mit dem Noront Claim
5. Dann kann man am linken Bildschirmrand in der Taskleiste auf das Symbol "Grünes C" (unterhalb der weißen Hand) clicken ("Identify Claim") und dann auf einen beliebigen Claim clicken.
6. Unten links erscheint dann die Claim Nummer und darunter "Link to MCI System"
7. Hier dann auf "Link" clicken
8. Ein neues Fenster mit allen Informationen (Eigentümer, wann gestaked, Investitionen etc.) öffnet sich
9. FERTIG !

Gruß,
Fantomas


P.S.: Die Information bezieht sich natürlich nur auf den Eigentümer, dieser kann den Claim natürlich "veroptioniert" haben, ein Eigentümerwechsel ist aber eingetragen.
Antwort auf Beitrag Nr.: 32.093.184 von Fantomas96 am 20.10.07 13:58:40QUOTE FROM NATIONAL POST-----NORONT & BMK

Is this Voisey's Bay II?

Nickel, copper grades at Noront's James Bay Double Eagle project are 'unbelievable'

Peter Koven, Financial Post
Published: Saturday, October 13, 2007

The wildest staking rush Ontario has seen in many years began with an accidental discovery.

Richard Nemis, chief executive of Noront Resources Ltd., staked out some territory in the James Bay Lowlands about three years ago. He thought it had good potential after De Beers Canada Inc. and a pair of junior miners, Spider Resources Inc. and KWG Resources Inc., made some interesting zinc and copper finds nearby.
But the area he really wanted to drill was caught up in litigation, and he didn't get his hands on it until recently. He promised to drill one hole in exchange for getting the land.

(See hardcopy for Photo Description)
Andrew Barr, National Post
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He didn't find the zinc he was hoping for in that hole. Instead, he found the mother lode.
"We hit nickel-copper, which we never expected to see," Mr. Nemis, 69, says in an interview from Wawa, Ont., where he is hiring stakers as fast as he can and sending them up to James Bay. "This could be bigger than Voisey's Bay. It's a huge discovery."
The drilling results, which started to emerge six weeks ago and feature massive amounts of copper and nickel sulphides, have astounded the mining industry and made Toronto-based Noront (as in NORthern ONTario) an overnight sensation.

The stock catapulted from pennies to more than $4 a share, and the big boys, such as CVRD Inco and Xstrata PLC, are already inquiring about the deposit. Noront expects one of them to eventually buy the company.

"They all want to come in and kick the tires. We'll get a big major in there to develop it eventually. This thing is getting bigger and bigger," Mr. Nemis says.

Noront's drilling is still in its early stages: Only a dozen holes have been drilled at the Double Eagle project.
But Jean-Francois Tardif, a fund manager at Sprott Asset Management (a major shareholder), calculated the company has already identified about $2-billion in value under the ground. He also pointed out that some of the drill holes have values of far more than US$1,000 per ton.

"Some mines are profitable at US$15 or US$20 per ton," he says."This would be massively profitable if it was being mined. The grade is just unbelievable."

If the discovery does turn out to be the next big find, it will be bought by one of the big players and put into production. But, meantime, hundreds of thousands of hectares of land surrounding the find are up for grabs, and there is a mad rush by junior miners to get their hands on it.
More than 100,000 hectares have been staked in the James Bay Lowlands in just six weeks.
Kirk McKinnon, chief executive of MacDonald Mines Exploration Ltd., figures it could be as much as 200,000. Nothing in Ontario compares since the diamond exploration boom in the late 1980s and early 1990s, and the Hem-lo gold discovery in the early 1980s.
At least 10 junior companies are already there, and more land is being staked every day.

"When Noront stock was first halted, the rumours started flying around," Mr. McKinnon says. "We sent a helicopter out [to James Bay] that day and started staking the next day. We took a chance, but that's what staking is all about."

MacDonald and its joint-venture partners have already staked more than 60,000 hectares.
The remarkable thing about this staking rush is that it is happening in one of the most isolated areas in the province. The discovery is about halfway up the west side of James Bay and 150 kilometres inland to the west. The only way to reach it is by helicopter, and the only community anywhere close is Webequie, a tiny aboriginal reserve about 50 km away.
The formerly desolate region is now bustling with helicopters and prospectors flying in and out.

"I've heard it described as busy as Toronto airport, with all the airplanes flying around," says Brian Atkinson, resident geologist in Timmins with the Ontario Ministry of Northern Development and Mines. His phone is ringing off the hook with people looking for property in the Lowlands.

But it remains a very difficult place to drill. There is a lot of water and no exposed mineralization on the ground's surface. The mapping of the region is also very limited; the companies are mostly working off of old government maps, and a lot of the geophysical work has to be done in the helicopters.

Geologists, essentially, have nothing on the ground to work with.
As a result of that, and the fact that exploration is still in its very early stages, it is impossible to know exactly how big this discovery is.

"We don't know how long the thing is, and we don't know how deep it goes," says Bill Nielson, a geologist on MacDonald's board of directors. "We don't even know what direction it's going in at this point in time. It could just be a few million tons [of ore]. Or it could be 30 million."

Noront is hoping for the latter. The company believes its shares are grossly undervalued, and has hired financial advisor IBK Capital Corp. to figure out how to maximize value.
IBK is already comparing the stock's recent performance to Robert Friedland's Diamond Fields Inc. shortly after it found Voisey's Bay. That company eventually sold for US$4.3-billion.
"It is probably the biggest new discovery in Canada in the last 10 years," Mr. Nemis says. "That's how big it is. It's important." He pauses. "Very important."

pkoven@nationalpost.com
Nach dem GRÖßTEN Fund in James Bay durch Noront komme ich nun zu dem Joint Venture mit den MEIßTEN Funden in dem Gebiet:

SPIDER RESOURCES (SPQ.V) und KWG RESOURCES (KWG.V)

Anm.: Inzwischen ist ein großer Teil der JV-Properties in ein Joint Venture mit UC RESOURCES (UC.V) eingebunden worden.


"Spider and KWG have been exploring the James Bay Lowlands since 1992. In the process we have acquired hundreds of thousands of line kilometers of both fixed-wing and helicopter magnetic survey data and have drill-tested scores of anomalies. Our knowledge base of this area is vast and very well suited for the CARDS process."


Hier eine Karte mit den bisherigen 10 VMS-Funden (diese Tatsache an sich ist schon beachtenswert):





Und hier die Karte mit den McFaulds VMS-Funden:







McFaulds #1:




Ergebnisse:

http://www.spiderresources.com/news/September%204%202003.htm


Hole From(m) To(m) Int.(m) Cu % Zn % Au g/t Ag g/t

McF-03-11 309.0 312.5 3.5 2.00 0.025 0.137 3.5

Including 357.45 359.0 3.05 2.15 0.017 0.16 6.22


McF-03-14 90.00 116.65 26.55 0.90 2.440 0.135 5.52

Including 94.75 97.50 2.75 2.84 2.040 0.290 17.78

Including 99.00 103.60 4.60 0.84 4.410 0.060 4.27


McF-03-15 133.75 138.45 4.7 1.00 4.94 0.15 9.99


McF-03-16 354.9 360 5.1 0.06 1.55 0.01 1.59

As well as 382.5 390 7.5 1.30 0.025 0.03 3.43



McFaulds #2:


Hole From(m) To(m) Int.(m) Cu % Zn % Au g/t Ag g/t

McF-03-12 82.5 95.0 12.5 1.81 0.0132 0.22 6.06

McF-03-13 95.8 99.75 3.95 0.026 0.029 0.022 0.18



Mc Faulds #3 und #4:





The McFaulds 3 deposit has undergone extensive drill testing. To date, 13 holes have been drilled. The body has a surface length greater than 150m and a depth extent that exceeds 300m. Copper mineralization predominates and a summary table of assay highlights will be posted soon.

The McFaulds 4 body has been tested by only two drill holes. Although similar to McFaulds 1 and 3 geologically, the copper-zinc minearlization is sparse with the best intercept of 0.93% copper over 3.75m.


Mc Faulds #5 und #6:





Grid G hosts the McFaulds 5 and 6 bodies, approximately five kilometers southwest of McFaulds 1.

McFaulds 5 has been tested by two holes and the best copper intercept is 0.86% over 1.07m

McFaulds 6 has had four holes drilled into it and the best copper intercept is 1.82% over 3.3m


Mc Faulds #7:





Grid H was completed in a cooperative venture with an adjacent property holder. The total magnetic field image to the right shows only the portion of the grid on the Spider / KWG property. The location of McFaulds 7, approximately fifteen kilometers southwest of McFaulds 1, is shown. Mineralization of the McFaulds 7 body consists of an 8.6m core interval of 20-60% pyrite. Fifteen metres further down hole there is a 2.05m zone of 1.15% zinc.

__________________________________________________________________


Und abschließend noch das Freewest Joint-Venture:





Freewest Property
The Freewest property is located approximately 15 kilometres southwest of the McFauld's volcanic-hosted massive sulphide deposits. An airborne magnetic and electromagnetic survey was completed in the summer of 2003. The image to the right shows a grid of apparent magnetic susceptibility, with late-time transient EM profiles.
As part of their winter 2006 drilling program, Spider and KWG included conductive anomalies in the Freewest property. In the drill hole indicated in the south-west corner of the property, two massive chromitite layers hosted with peridotite were discovered yielding assays of

23.4% chrome (34.5% Cr2O3) over 1.03 metres and
18.6% chrome (28.9% Cr2O3) over 0.85 metres


Under the terms of an agreement with Freewest, Spider and KWG must spend a total of $3.0 Million on exploration over a four-year period to earn an initial 50% interest in the Property. They may earn a cumulative 60% interest in the Property by delivering a bankable feasibility study on any mineralization identified and a cumulative 65% interest, by arranging financing on behalf of Freewest to put the Property into commercial production.

http://www.spiderresources.com/news/June%2029b%202006.htm


Gerade die Funde dieses JV sind m.E. sehr vielversprechend, wenn man sich eine elektromagnetische Karte von Fancamp ansieht, wo die Konduktoren des FWR/SPQ/KWG- Gebietes ähnlich starke Ausschläge wie die des Noront Fundes zeigen (siehe untere Karte rechts neben Fancamp Claim 3012254):

http://www.ccnmatthews.com/docs/FNC1017.pdf



Die Claims von SPQ/KWG sind sehr vielversprechend und damit auch die JV-Partner UC bzw. FWR.

Gruß,
Fantomas
Hier noch ein Nachtrag (News vom 05.09.07) mit einem sehr guten Drill-Ergebnis des Spider/UC- Joint Ventures auf der McFaulds Property:


http://www.spiderresources.com/news/September%2005%202007.ht…


Spider Resources Inc. and UC Resources Ltd.

intersect 4.35% Zn, 2.69% Cu, 0.35 g/t Au and 6.63 g/t Ag

over 19 metres at VMS project in Northern Ontario



Gruß,
Fantomas
Und die Spider/KWG- News zum o.g. Freewest Joint-Venture, daß ein Winter-Drilling Programm über CAD 2 Mio. in Kürze startet:


http://www.spiderresources.com/news/October%2001%202007.htm


SPIDER & KWG JV UP-DATE AND PLANS TO DRILL TARGETS IN VICINITY OF THE NEW NORONT COPPER – NICKEL - PGE DISCOVERY



Gruß,
Fantomas
Nach dem größten Fund und den meißten Funden nun zum GRÖßTEN CLAIM-EIGENTÜMER im Gebiet:

MACDONALD MINES (BMK.V)











Eine sehr gute Übersicht über die Claims und die aktuellen Aktivitäten von BMK liefert die Präsentation:


http://www.macdonaldmines.com/Downloads/Macdonald_Presentati…



Macdonald Mines ist inzwischen auch mit verschiedenen Joint-Ventures im Gebiet vertreten, u.a. mit Temex (TME.V) und Baltic (BLR.V).



Aus dem Pressetext:


MacDonald - Exploration Activities in the Webequie Area of James Bay

MacDonald has set upon a strategic direction of exploration in Central Canadian Northlands.

The Company has the largest geologically favorable land position similar to the SPECTACULAR NORONT Nickel-Copper Discovery. Total land holdings which are wholly-owned or with partners is approximately 60,000 Hectares.

Previous MacDonald exploration on it's McNugget Property intersected nickel mineralization. This new nickel discovery reported in hole MN-07-39 intersected 4.5 m grading 0.36%NI and 22.5m down the hole a further intersection of 27.0 m averaging 0.26%NI.
MacDonald's 2004 Airborne Survey flown @ 75 metre line spacing has allowed the Company to re-analyse this excellent data with the new focus on nickel interpretation verses previous VMS interpretation.

Und:

MacDonald is the only company in the Attawapiskat Camp with defined gold targets.

__________________________________________________________________


Weiterhin wurde am 11.10.07 ein Drill-Programm für die James Bay -Area angekündigt:

http://www.macdonaldmines.com/PressReleases/Oct11,2007.htm


Es sollen 10-15 Löcher mit einer Gesamtlänge von 2000 m gebohrt werden.



Gruß,
Fantomas
Die wichtigsten "Area Plays" am McFaulds Lake:

Noront Resources
Symbol: NOT
ISIN: CA65626P1018
Schlusskurs 19.10.07 Toronto: 5,60 CAD
MK: 505.684.519 CAD
Website: norontresources.com

Fancamp Exploration
Symbol: FNC
ISIN: CA30710P1027
Schlusskurs 19.10.07 Toronto: 2,20 CAD
MK: 55.305.758 CAD
Website: unbekannt

MacDonald Mines
Symbol: BMK
ISIN: CA5543243011
Schlusskurs 19.10.07 Toronto: 0,700 CAD
MK: 53.352.123 CAD
Website: macdonaldmines.com

Northern Shield Resources
Symbol: NRN
ISIN: CA6857201064
Schlusskurs 19.10.07 Toronto: 0,980 CAD
MK: 50.791.494 CAD
Website: www.northernshield.com

Temex Resources
Symbol: TME
ISIN: CA87971U1057
Schlusskurs 19.10.07 Toronto: 0,800 CAD
MK: 46.944.648 CAD
Website: www.temexcorp.com

Spider Resources
Symbol: SPQ
ISIN: CA84844C1077
Schlusskurs 19.10.07 Toronto: 0,170 CAD
MK: 41.172.901 CAD
Website: www.spiderresources.com

UC Resources
Symbol: UC
ISIN: unbekannt
Schlusskurs 19.10.07 Toronto: 0,470 CAD
MK: 40.922.818 CAD
Website: www.ucresources.net

Baltis Resources
Symbol: BLR
ISIN: CA0589111081
Schlusskurs 19.10.07 Toronto: 1,21 CAD
MK: 39.831.868 CAD
Website: www.balticresources.ca

Free West Resources
Symbol: FWR
ISIN: CA3569041021
Schlusskurs 19.10.07 Toronto: 0,275 CAD
MK: 39.644.737 CAD
Website: www.freewest.com

KWG Resources
Symbol: KWG
ISIN: CA48277D2059
Schlusskurs 19.10.07 Toronto: 0,150 CAD
MK: 27.679.887 CAD
Website: www.kwgresources.com

Probe Mines
Symbol: PRB
ISIN: CA7426671086
Schlusskurs 19.10.07 Toronto: 0,820 CAD
MK: 19.610.278 CAD
Website: www.probemines.com

Murgor Resources
Symbol: MUG
ISIN: CA62660P1053
Schlusskurs 19.10.07 Toronto: 0,165 CAD
MK: 18.632.698 CAD
Website: unbekannt

Canstar Resources
Symbol: ROX
ISIN: CA1380811044
Schlusskurs 19.10.07 Toronto: 0,160 CAD
MK: 8.528.408 CAD
Website: unbekannt

(alle ISIN ohne Gewähr)

Aktuell: 1 EUR = 1,38230 CAD

Neben den Websites meine wichtigsten Informationsquellen zurzeit:

www.tsx.com
www.agoracom.com
www.stockhouse.com

Auf allen drei Links genügt es, das o. a. Symbol einzugeben, dann kommt man zu der entsprechenden Company-Seite bzw. zu dem entsprechenden Thread.
Antwort auf Beitrag Nr.: 32.099.581 von Fantomas96 am 21.10.07 18:20:20@Fantomas,

ich war etwas langsamer.

pintador
Antwort auf Beitrag Nr.: 32.099.903 von pintador am 21.10.07 18:43:13Berichtigungen und Ergänzungen:

Murgor Resources
Website: www.murgor.com

Northern Shield Resources
www.northern-shield.com

MacDonald Mines
MK: 62.870.020 CAD
Und hier eine interessante Grafik aus Kaisers Blog (Kopie siehe in meinem Thread: NORONT RES. (NOT.V): Spektakuläre Funde (Gold,Kupfer,Uran,Metalle)), die zeigt, wie die aktuellen Werte der Firmen und der Fortschritt ihres Deposits ist, auch im Vergleich zu vielen bisherigen (großen) Entdeckungen:





Gruß,
Fantomas
Antwort auf Beitrag Nr.: 32.101.534 von pintador am 21.10.07 20:52:25Hallo pintador,

danke für Deinen Input, aber Murgor ist nicht im James Bay Gebiet engagiert, sie sind "lediglich" ein Noront-Partner bei Windfall und halten Aktien von Noront.


Gruß,
Fantomas
Antwort auf Beitrag Nr.: 32.114.829 von Fantomas96 am 22.10.07 22:49:55Ich konnte mit Murgor nicht viel anfangen, habe Murgor nur deshalb erwähnt, weil mike32 sie in den Charts-Thread der Area Plays aufgenommen hat.

pintador


NEWS - Probe Mines Announces $3,000,000 Non-Brokered Private Placement to Explore McFauld's Lake Project
Posted by: AGORACOM on October 22, 2007 04:35PM


Toronto, October 22, 2007 – The Directors of PROBE MINES LIMITED (TSX-V: PRB) ("Probe") are pleased to announce a proposed non-brokered private placement financing of up to $3,000,000 comprising the sale of up to 4,000,000 Units, to be sold at $0.75 per Unit, subject to regulatory approval and closing. Each Unit consists of one common share and one-half of one common share purchase warrant. Each whole common share purchase warrant entitles the holder to acquire one common share for $1.00 for a period of 24 months (the "Warrant Term") from the closing of the transaction (the "Closing Date"), provided, however, that should the closing price at which the common shares trade, equal or exceed $1.75 for 20 consecutive trading days following the date that is four months and one day after the Closing Date, Probe may accelerate the Warrant Term to the date which is 30 days following the date a press release is issued by Probe announcing the reduced Warrant Term. All securities issued in conjunction with the offering will be subject to a hold period, which expires four months after closing.

Proceeds of the financing will be used to fund exploration on the Company’s McFauld’s Lake properties, including the 100%-owned McFauld’s Lake West Project, located approximately 450m from Noront Resources recent high-grade nickel-copper-PGE discovery; and the 100%-owned Victory Project which hosts numerous untested drill targets in a volcanic belt attached to the McFauld’s Lake Belt. Exploration on the McFauld’s Lake properties will include a winter program of magnetic and electromagnetic geophysical surveys followed by diamond drilling. The programs are expected to commence shortly, and will be focused on bringing the properties to a drill-ready state as soon as possible. Drilling will focus on the McFauld’s West property, where regional government magnetic data shows the presence of two anomalies within the claims that are similar in size and shape to that associated with Noront's discovery.

The McFauld's area is once again receiving considerable attention with the recent discovery of high-grade nickel-copper-PGE mineralization by Noront Resources. Results from hole NOT07-05 returned a 63.8m intersection of massive and net-textured sulphides in olivine-bearing peridotite grading 5.9% nickel, 3.1% copper, 2.9 g/t Pt and 9.8 g/t Pd; including a 3m interval grading 8.7% nickel, 10.9% copper, 41 g/t Pt and 14 g/t Pd. Recent field observations indicate the boundary of Probe’s McFauld’s West property is only 450m from the discovery zone. The management of Probe is encouraged by the proximity to this significant discovery, and believes there is a strong potential for this property to also host mineralization.

About Probe Mines:

Probe Mines Limited is a Canadian base and precious metal exploration company with a portfolio of highly prospective mineral properties. The Company is currently focused on the McFauld’s Lake area where it owns 931 claims covering almost 15,000 hectares. This includes a 100% interest in 12 claims (192 hectares) situated less than 450 metres from the site of Noront’s significant new nickel-copper discovery and represents one of the closest properties to the discovery. Probe currently has joint venture agreements on its Bristol Township gold project (West Timmins Mining Inc.) and Tamarack base metal project (Mantis Minerals Corp.). The Bristol Project is adjacent to the million-plus ounce gold deposit owned by Lake Shore Gold Corp., which has recently announced a positive pre-feasibility study for the project. Probe also maintains a 5% net smelter royalty on a portion of Agnico Eagle’s Goldex Mine near Val d’Or, Quebec, slated for production in 2008. The company’s shares trade on the TSX Venture Exchange under the symbol PRB.

Investors are invited to visit the Probe Mines IR Hub at http://www.agoracom.com/IR/Probemines where they can post questions and receive answers or review questions and answers already posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to PRB@agoracom.com where they can also request to be added to the investor e-mail list to receive all future press releases and updates in real time.
David Palmer, Ph.D., P.Geo., is the qualified person for all technical information in this release. To find out more about Probe Mines Limited, visit our website at www.probemines.com, or contact:

David Palmer, Ph.D.
President
Tel: (416) 777-6703

Harry J. Hodge, P.Eng.,
Director
Tel: (416) 363-4376

Karen Willoughby
Investor Relations
Tel: (866) 365-4724

http://agoracom.com/ir/probemines/messages/603259#message



http://biz.yahoo.com/ccn/071023/200710230420661001.html?.v=1


Press Release Source: UC Resources Ltd.

UC Resources Limited and Spider Resources Inc. Diamond Drilling Program at McFaulds VMS project in Northern Ontario

Tuesday October 23, 1:11 pm ET




Gruß,
Fantomas
Freewest Resources Announces Closing of $500,000 "Flow-Through" Private Placement With Mineralfields
MONTREAL, QUEBEC--(Marketwire - Oct. 23, 2007) - Freewest Resources Canada Inc. (TSX VENTURE:FWR) announces that it has completed a private placement by issuing 1,923,074 "flow-through" common shares to six limited partnerships associated with MineralFields Group of Toronto, Ontario at a price of $0.26 per share, for gross proceeds to Freewest of $500,000.

Each share is accompanied by one-half of a common share purchase warrant. Each whole warrant entitles the holder to acquire one additional common share of Freewest at a price of $0.40 until October 23, 2008.

In connection with the private placement, Freewest paid a finder's fee to Limited Market Dealer Inc., consisting of 76,923 common shares and a compensation option entitling Limited Market Dealer Inc. to purchase up to 192,307 units of Freewest, representing 10 % of the number of "flow-through" common shares sold in the private placement. The compensation option is exercisable at a price of $0.26 per unit until October 23, 2008. Each unit will be comprised of one common share of Freewest and one-half of a common share purchase warrant. Each whole warrants will entitle the holder to purchase one additional common share of Freewest at a price of $0.40 until October 23, 2008.

Freewest also paid Limited Market Dealer Inc. a due diligence fee of $20,000, representing 4% of the gross proceeds raised in the private placement.

Under applicable securities legislation and policies of the TSX Venture Exchange, the common shares and warrants issued in the private placement are subject to a hold period expiring on February 24, 2008.

Freewest will use the proceeds from the private placement for exploration work on its properties.

As a result of the private placement, there are 148,943,254 common shares of Freewest issued and outstanding.

Freewest is a well-funded mineral exploration company exploring for gold, uranium and base metals in Eastern Canada. Corporate information can be accessed on the Internet at www.freewest.com. Freewest's shares are listed on the TSX Venture Exchange under the symbol FWR.

About MineralFields, Pathway and First Canadian Securities ®

MineralFields Group (a division of Pathway Asset Management) is a Toronto-based mining fund with significant assets under administration that offers its tax-advantaged super flow-through limited partnerships to investors throughout Canada during most of the calendar year, as well as hard-dollar resource limited partnerships to investors throughout the world. Pathway Asset Management also specializes in the manufacturing and distribution of structured products and mutual funds. Information about MineralFields Group is available at www.mineralfields.com. First Canadian Securities®, a division of Limited Market Dealer Inc., is active in leading resource financings (both flow-through and hard dollar) on competitive, effective and service-friendly terms, with investors both within, and outside of MineralFields Group.


The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release.
TSX Venture Exchange:TME, Frankfurt Exchange:TQ1
TORONTO, Oct. 24 /CNW/ - Temex Resources Corp. (TSX Venture Exchange:TME, Frankfurt:TQ1) ("Temex" or "the Company") is pleased to announce drill results from a recently completed 2,345 metre, 15 hole diamond drill program on the Whitney Township and Pam Properties. The program followed up on three areas drilled by Temex in 2005-2006 (Hugh Pam Conglomerate Zone, the Reef Offset Zone, and the Reef Pit Zone) as well as tested three new target areas (Pam Property, the West Banner Zone and the South Banner Zone). Temex has the option to earn a 60% interest in the Whitney Township Property from the Porcupine Joint Venture ("PJV", a joint venture between Goldcorp Inc. and Kinross Gold Corporation).
ADVERTISEMENT


Six holes tested the Hugh Pam Conglomerate Zone where previous drilling outlined two gold mineralized horizons, including results of 17.17 g/t gold over 12.00 metres. All six holes intersected gold mineralization with the best intersection being from hole TW-07-45, which included an assay interval of 2.47 g/t gold over a core length of 14.10 m, including 5.18 g/t gold over 4.70 metres. The main gold bearing zone called the Hugh Pam Conglomerate Zone occurs above the Timiskaming unconformity. The second mineralized horizon, the Mulholland Shear Zone, occurs in the footwall Tisdale group volcanic rocks below the unconformity; this horizon has loosely been termed the Mulholland Shear horizon.

Three holes were designed to test for the down dip and western extension of gold mineralization previously intersected by the Company at the Reef Pit zone. One drill hole was drilled to intersect the down-dip extension and this hole intersected 4.09 g/t gold over 4.15 metres, including 10.29 g/t gold over 1.35 metres. Two holes drilled to intersect the western strike extension of the Reef Pit Zone returned no significant gold however the holes did intersect alteration typically associated with gold mineralization along the Broulan Reef Mine Trend.

Two drill holes were completed to further test a gold zone, called the Reef Offset Zone, discovered by Temex in 2006 (TW06-30) and interpreted to be an extension of the Broulan Reef Shear Zone. Drill hole TW07-47 was drilled above TW06-30 to intersect the up-dip extension of the Reef Offset Zone. No significant assays were reported in either drill hole. Two drill holes completed on the newly acquired Pam Property targeted a gold zone in the north-central part of the property along strike from a previously reported zone of gold mineralization in quartz-carbonate stringers within carbonate altered volcanics intercepted in 1964 by Hollander Mines. No significant assays were returned from these holes.

Field Program Underway

A field program consisting of geological mapping, geochemical sampling, linecutting and surface geophysical induced polarization ("IP") and magnetometer surveys is underway. The linecutting and geophysical surveys will target the northwestern part of the property where very little previous exploration has occurred. Historic exploration indicates the presence of anomalous gold in till in the area as well as in bedrock from previous overburden drilling campaigns. Two of the reverse circulation drill holes had till concentrate samples which returned values of 11.27 g/t gold and 5.79 g/t gold, both of which are considered by Temex to have high potential to represent a proximal undiscovered bedrock source. The latter sample occurs approximately 100 metres along strike to the east of an historic drill hole which intersected 2.74 metres grading 9.69 g/t gold. Seven of the overburden holes also encountered auriferous bedrock gold mineralization with results up to 1.93 g/t gold.

The Property is strategically located along strike 2.5 km to the west of the Pamour mine (total historic production from underground and open pit of 52.2 million tons at 0.09 ounces gold per ton for 4.7 million ounces of gold) where the PJV are currently conducting an open pit gold mining operation. The Whitney Property includes the former Broulan Reef and Hallnor gold mines, the latter of which produced 4.23 million tons at a grade of 0.40 ounces gold per ton (1.69 million ounces gold) and was one of the two highest grade producers in the Timmins camp. Temex has the right to explore the former Hallnor Mine below the 1000 feet elevation (news release March 31, 2005). The Timmins camp is one of the largest gold camps in the world with total historical production in excess of 60 million ounces of gold.

Temex is a well-funded Canadian exploration company focused on advancing its precious metal, diamond, nickel and uranium projects in Manitoba and Ontario.


On behalf of the Board of Directors,

"Ian Campbell"

Ian Campbell
President and CEO

(x)The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of


Exclusive AGORACOM Interview with John Kaiser – Renowned Junior Resource Analyst
Posted by: AGORACOM on October 23, 2007 02:53PM

http://agoracom.com/ir/Noront/messages/604387#message

Um das Interview zu hören , auf den Link klicken und dann ...!
Oct 25, 2007 09:20 ET
UC Resources Grants Stock Options
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 25, 2007) - UC Resources "the company" (TSX VENTURE:UC) announces today that the board of directors has granted 450,000 stock options at .45 per share with a five year term.

These options are available to directors, officers, consultants, and employees of the company.

On behalf of the board of directors,

Brian Gusko, CFO

This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that the Company expects are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and those actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, Investors should review the Company's registered filings which are available at www.sedar.com.


The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Temex Announces Non-Brokered Private Placement Financing
Thursday October 25, 5:28 pm ET


TSX Venture Exchange: TME, Frankfurt Exchange: TQ1 NR-07-19
TORONTO, Oct. 25 /CNW/ - Temex Resources Corp. (TSX Venture Exchange: TME, Frankfurt:TQ1) ("Temex" or "the Company") announces a non-brokered private placement of units (the "Offering"), pursuant to which the company may sell up to 7,142,857 units at a price of $0.70 per unit, raising aggregate gross proceeds of approximately $5,000,000. Each Unit will be comprised of one common share in the capital of the Corporation (a "Common Share") and one-half of one Common Share purchase warrant, each whole warrant entitling the holder thereof to purchase a Common Share at a price of $1.00 for a period of 24 months.
ADVERTISEMENT
Oct 25, 2007 19:51 ET
Probe Mines Announces Increase in Size of Non-Brokered Private Placement to Explore McFauld's Lake Project
TORONTO, ONTARIO--(Marketwire - Oct. 25, 2007) - The Directors of PROBE MINES LIMITED (TSX VENTURE:PRB) ("Probe") are pleased to announce an increase in the size of a proposed non-brokered private placement financing announced on October 22, 2007 (Press Release - 6/2007) from $3,000,000 to up to $3,500,000. All other terms of the proposed financing remain the same as earlier announced. The financing of up to $3,500,000 would comprise the sale of up to 4,666,667 Units, to be sold at $0.75 per Unit, subject to regulatory approval and closing. Each Unit consists of one common share and one-half of one common share purchase warrant. Each whole common share purchase warrant entitles the holder to acquire one common share for $1.00 for a period of 24 months (the "Warrant Term") from the closing of the transaction (the "Closing Date"), provided, however, that should the closing price at which the common shares trade, equal or exceed $1.75 for 20 consecutive trading days following the date that is four months and one day after the Closing Date, Probe may accelerate the Warrant Term to the date which is 30 days following the date a press release is issued by Probe announcing the reduced Warrant Term. All securities issued in conjunction with the offering will be subject to a hold period, which expires four months after closing.

Proceeds of the financing will be used to fund exploration on the Company's McFauld's Lake properties, including the 100%-owned McFauld's Lake West Project, located approximately 450m from Noront Resources recent high-grade nickel-copper-PGE discovery; and the 100%-owned Victory Project which hosts numerous untested drill targets in a volcanic belt attached to the McFauld's Lake Belt. Exploration on the McFauld's Lake properties will include a winter program of magnetic and electromagnetic geophysical surveys followed by diamond drilling. The programs are expected to commence shortly, and will be focused on bringing the properties to a drill-ready state as soon as possible. Drilling will focus on the McFauld's West property, where regional government magnetic data shows the presence of two anomalies within the claims that are similar in size and shape to that associated with Noront's discovery.

The McFauld's area is once again receiving considerable attention with the recent discovery of high-grade nickel-copper-PGE mineralization by Noront Resources. Results from hole NOT07-05 returned a 63.8m intersection of massive and net-textured sulphides in olivine-bearing peridotite grading 5.9% nickel, 3.1% copper, 2.9 g/t Pt and 9.8 g/t Pd; including a 3m interval grading 8.7% nickel, 10.9% copper, 41 g/t Pt and 14 g/t Pd. Recent field observations indicate the boundary of Probe's McFauld's West property is only 450m from the discovery zone. The management of Probe is encouraged by the proximity to this significant discovery, and believes there is a strong potential for this property to also host mineralization.

About Probe Mines:

Probe Mines Limited is a Canadian base and precious metal exploration company with a portfolio of highly prospective mineral properties. The Company is currently focused on the McFauld's Lake area where it owns 931 claims covering almost 15,000 hectares. This includes a 100% interest in 12 claims (192 hectares) situated less than 450 metres from the site of Noront's significant new nickel-copper discovery and represents one of the closest properties to the discovery. Probe currently has joint venture agreements on its Bristol Township gold project (West Timmins Mining Inc.) and Tamarack base metal project (Mantis Minerals Corp.). The Bristol Project is adjacent to the million-plus ounce gold deposit owned by Lake Shore Gold Corp., which has recently announced a positive pre-feasibility study for the project. Probe also maintains a 5% net smelter royalty on a portion of Agnico Eagle's Goldex Mine near Val d'Or, Quebec, slated for production in 2008. The company's shares trade on the TSX Venture Exchange under the symbol PRB.

Investors are invited to visit the Probe Mines IR Hub at http://www.agoracom.com/IR/Probemines where they can post questions and receive answers or review questions and answers already posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to PRB@agoracom.com where they can also request to be added to the investor e-mail list to receive all future press releases and updates in real time.


David Palmer, Ph.D., P.Geo., is the qualified person for all technical information in this release.

Forward-Looking Statements

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This News Release includes certain "forward-looking statements". All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of Probe, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially form those anticipated in such statements. Important factors that could cause actual results to differ materially from Probe's expectations are exploration risks detailed herein and from time to time in the filings made by Probe with securities regulators.


The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
MacDonald $10,000,000 Brokered Financing-James Bay Exploration Program on Track for November Drill Program
10:49 EDT Friday, October 26, 2007



TORONTO, ONTARIO--(Marketwire - Oct. 26, 2007) - MacDonald Mines Exploration Ltd. (the "Company")(TSX VENTURE:BMK) proposes to complete a brokered private placement, with IBK Capital Corp. ("IBK") acting as agent, for gross proceeds of $10,000,000, such offering to be completed through the sale of 25,000,000 units of the Company (the "Offering"). A total of 15,625,000 units of the Company will be sold on a "hard dollar" basis (the "Hard Units") at a price of $0.40 per Hard Unit for gross proceeds of $6,250,000. A further 9,375,000 units of the Company will be sold on a flow-through basis (the "FT Units") at price of $0.40 per FT Unit for gross proceeds of $3,750,000. Each Hard Unit will consist of one common share and one common share purchase warrant (the "Hard Warrants"). Each FT Unit will consist of one flow-through common share and one-half of one non flow-through common share purchase warrant (each whole warrant an "FT Warrant" and collectively, with the Hard Warrants, the "Warrants"). Each Warrant will entitle the holder thereof to acquire one common share at a price of $0.50 for a period of 24 months from the date of issuance. In conjunction with this financing, and as compensation for services rendered, IBK will receive the following compensation: (i) a cash fee equal to 4.5% of gross proceeds from the sale of the FT Units, (ii) a cash fee equal to 9% of gross proceeds from the sale of the Hard Units, (iii) that number of common shares which is equal to 4.5% of the FT Units sold, and (iv) broker warrants to purchase that number of common shares of the Company which is equal to 10% of the aggregate number of Hard Units and FT Units sold under the Offering. Each such broker warrant will entitle IBK to acquire one common share of the Company at a price of $0.40 for a period of 24 months from date of issuance.

All securities issued in conjunction with the Offering are subject to a four-month hold period from the date of issuance and the financing is subject to receipt by the Company of all necessary regulatory approvals.

The Company's issued and outstanding share position as of October 22, 2007 was 111,261,025.

The Company is very pleased to announce that Sheldon Inwentash - Chairman & CEO, Pinetree Capital Ltd., Robert McEwen - Chairman & CEO, US Gold Corporation, Pierre Lassonde - Chairman, Franco-Nevada Corporation, and Randall Oliphant - Chairman, Western Gold Fields Inc. have agreed to purchase a substantial portion of the Units available in this Offering.

EXPLORATION PROGRAM

DIAMOND DRILL PROGRAM

A diamond drill program has been scheduled to commence on November 1, 2007. The planned exploration program consists of 10-15 holes totalling 2,000 metres. Cartwright Drilling has been contracted to carry out the required drilling and the drill is already situated on the McNugget Property. Cartwright Drilling has conducted all the previous drilling for the Company in the James Bay Lowlands.

Bill Nielsen, P. Geo., will oversee the overall exploration program on behalf of the Company and its joint venture partners: Baltic Resources Inc. (TSX VENTURE:BLR) and Temex Resources Corp. (TSX VENTURE:TME).

Field exploration will be managed by Randy Salo, P. Geo. in consultation with Bruce Durham, P. Geo. of Temex Resources Corp. and Hadyn Butler, P. Geo., a director of the Company.

EXTENSIVE AIRBORNE SURVEY

The Company (as the operator of the Temex/MacDonald and Baltic/Temex/MacDonald joint venture projects) is coordinating an extensive airborne geophysical survey. The 9,000 line kilometre HeliGEOTEM time-domain electromagnetic airborne survey contracted to Fugro Airborne Surveys is now underway over the newly acquired properties and will be flown at 100 metre line spacing.

GROUND SURVEYS

Line cutting of control grids is also underway and ground geophysical surveys including Max-Min, EM and magnetics will follow immediately to confirm the location and quality of airborne targets. The ground survey work has been contracted to Exsics Exploration (Timmins) and helicopter support will be provided by Expedition Helicopters (Cochrane).

ADMINISTRATION

We are pleased to announce that Julie Lassonde-Gray has agreed to join MacDonald Mines as a Director. Julie holds a Civil Engineering degree from Queens University and brings years of experience in the Mining Industry to the Board. Julie also holds the position of VP Corporate Development for Southampton Ventures Inc. We look forward to having her join our team and contributing to the success of the Company.

The Board of Directors of the Company granted 4,050,000 stock options on October 26, 2007 to directors, officers and consultants of the Company under the terms of the incentive stock option plan of the Company filed with the TSX Venture Exchange and approved by shareholders at the last annual general meeting of shareholders of the Company held on June 12, 2007. The options are exercisable at a price of $0.86 per share for a period of four years and are subject to a four month hold period from the date of the issuance thereof.

WARNING: The statements made in this news release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from expectations and projections set out herein.

FOR FURTHER INFORMATION PLEASE CONTACT:

MacDonald Mines Exploration Ltd.
J. A. Kirk McKinnon
President and Chief Executive Officer
(416) 364-4986




or
MacDonald Mines Exploration Ltd.
Richard Schler
Vice President & Chief Financial Officer
(416) 364-4986
(416) 364-2753 (FAX)
Email: info@MacDonaldMines.com
Website: www.MacDonaldMines.com

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.






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BMK - couple of thoughts
Posted by: Rosedale on October 26, 2007 11:51AM



The real news is the last paragraph - the guys who are buying most of the PP.

40 cents is cheap - it is 'risky' money - and it is also a deal for the big boys. This is the jungle, baby.......

Why'd it take so long ? You can bet that last paragraph has been modified many times and said a lot more originally. I bet the placement is filled by the close, if not already.

As for Noront. I still think TD are controlling the action and see a rise to at least 6.95 where they have most of their asks placed from the stock they bought this morning.


http://agoracom.com/ir/Noront/messages/608394#message
Unglaublich, die Finanzierungsrunden bei fast allen Area Plays sind angekündigt, jeder beschafft sich frisches Kapital, um zu drillen.

Na dann kann man ja nur hoffen, daß jemand fündig wird.

Das würde allerdings einen weiteren Hype für ALLE bedeuten, da dann James Bay immer mehr zum potentiellen Minengebiet wird.

Also allen viel Spaß bei der Lotterie (hier ? aus 13 anstatt 6 aus 49).

Gruß,
Fantomas
Northern Shield Resources Completes Drill Program at Highbank Lake and Stakes Claims in the Highbank Lake-Noront Area

OTTAWA, Oct. 1 /CNW Telbec/ - (TSX:V-NRN) - Northern Shield Resources
Inc. ("Northern Shield") announced today that its drill program at Highbank
Lake has been completed with assay results expected to be completed in two to
three weeks. During this program, which started in June, 7 holes were drilled
for a total of 3395 meters.
The Highbank Lake property (400 sq km) covers a recently discovered
layered mafic-ultramafic intrusion, which extends for approximately 500 square
kilometers, and is being explored for reef-hosted PGE and chromium, and
contact-type PGE mineralization. The property is located 30 km south of the
Ni-Cu-PGE occurrence recently discovered by Noront Resources Ltd.
Following the announcement by Noront, Northern Shield has staked several
claims in the area between Highbank Lake and the Noront discovery to cover a
number of magnetic anomalies that are interpreted as possible mafic-ultramafic
intrusions. Three new claim groups totalling 25 square kilometres were staked
and two other claim blocks also covering magnetic highs were staked in the
area prior to Noront's discovery. These claims are not part of the Impala
option agreement and are owned 100% by Northern Shield. Images of these
magnetic anomalies will be available shortly on the Northern Shield's website.
Impala Platinum Holdings Limited of South Africa, the world's second
largest platinum producer, maintains a 45% interest in the PGE and PGE
by-products of the Highbank Lake property and has the option of incrementally
earning up to a 60% interest in the PGE and PGE by-products of the property by
incurring a total of $5 million in exploration expenditures on the property by
2010.
Drilling operations were supervised by Christine Vaillancourt, Northern
Shield's Chief Geologist and a Qualified Person under National Instrument
43-101.
Northern Shield is an innovative, results-driven Canadian company focused
on PGE exploration. Its mission is to create a successful mineral exploration
company through technical excellence and efficient management, where success
is measured by the identification and development of high-quality mineral
exploration projects, which may ultimately be optioned, sold or developed for
optimal benefit. For further information on Northern Shield and its
properties, please visit Northern Shield's website at www.northern-shield.com.

Forward-Looking Statements Advisory

The forward-looking statements or information contained in this news
release are made as of the date hereof and Northern Shield undertakes no
obligation to update publicly or revise any forward-looking statements or
information, whether as a result of new information, future events or
otherwise, unless so required by applicable securities laws.
Guten Morgen !

Soweit ich weiss sind doch einige hier in "BMK" investiert , umso mehr wundere ich mich über so wenig Resonance (der "BNK"-Thread eingeschlossen ),
diesbezüglich der PP zu 0,40 CAD , die doch eigentlich einen Schlag ins Gesicht (sprich Betrug), für alle privaten Aktionäre ist !

Ich bin mir sicher , ein RN hätte das nicht gemacht !


Gruss mike
(auch das Argument das die PP zu einem Zeitpunkt verhandelt wurde , als der Kurs noch um die 30 Cent war , lass ich nicht gelten )
Lawsuit if PP proceeds
Posted by: alcollard on October 28, 2007 01:29AM


I sold my shares when the stock started trading. I wanted nothing to do with a company that would treat its shareholders with such blant disrespect. I took my loss which wasn't all that much, luckily. A few k loss won't kill me, it's the matter in which it was done thats burns me.

This PP was done to let a few greedy bigwigs in the mining industry in on the cheap. I've heard people on this board say it doesn't matter the stock will do well in the future. Well perhaps it will, in fact i'm pretty sure it will, because the bigwigs will most certainly want to dump their cheap share on the unsuspecting public.
Then they can move on to the next poor company that has a find, and rape and pillage their shareholders.

Shareholders? Don't you see how your holdings have been diluted with this PP? This is wrong, there is no possible way to think that this should be allowed.

http://www.agoracom.com/ir/MacDonald/messages/609746#message
Antwort auf Beitrag Nr.: 32.179.955 von mike32 am 28.10.07 13:16:54Hallo mike,

ich glaube, daß das Vorgehen von BMK (leider) zum Alltag der Explorer gehört.

Es handelt sich um ein riskantes Unternehmen für Investoren, daß sich nur eventuell auszahlt, denn außer dem Land in einem vielleicht vielversprechenden Gebiet hat BMK bisher nicht viel vorzuweisen.

Um die Geldgeber zum Investieren zu veranlassen, müssen ihnen Anreize gegeben werden, dies geschieht i.d.R. in Form eines "günstigen" Einstiegspreises.

Natürlich ist dieser unterhalb des aktuellen Kurses, ob es nun die Hälfte sein mußte, darüber läßt sich sicherlich diskutieren.

Allerdings hätten Anleger vor noch nicht einmal 2 Wochen auch zu diesen Kursen einsteigen können.

Du verweist in diesem Zusammenhang auf Noront, daher möchte ich hier Noronts Beispiel vom Dezember 2006 anführen:

Richard hat am 21.12.06 über IBK Capital den Abschluß des Private Placements über 15 Mio. CAD verkündet.

Hier sind 30 Mio. Aktien für CAD 0,50 an Investoren abgegeben worden (+ 25 Mio. Warrants für CAD 0,75).

Im Dezember 2006 hat nach den Windfall-News der Noront Kurs immer zwischen CAD 0,58 und 1,07 gelegen (SK nur 4x unter CAD 0,75).

http://finance.yahoo.com/q/hp?s=NOT.V&a=11&b=1&c=2006&d=11&e…

Wer in diesen 3 Wochen für über CAD 1,00 eingestiegen ist, hätte also auch Grund genug gehabt, sich über eine erhebliche Verwässerung (30 Mio. neue Aktien bei zu dem Zeitpunkt knapp 55 Mio. ausgegebenen Aktien = mehr als 50% Verwässerung) zum halben Kurswert zu beschweren.

Aber wie gesagt, so ist das Explorer-Business, ob es uns kleinen Privatinvestoren gefällt oder nicht.
Oder würdest Du 15 Mio. Dollar in etwas nicht sehr sicheres ohne einen besonderen Anreiz / Vorteil investieren ? (Ich nicht!).

Daher mein Kommentar:
"BMK hat eine Beteiligung vielleicht (zu) günstig angeboten, hat aber nun Mittel, um es in ein positives Ergebnis (auch für die Kleinaktionäre) umzumünzen. Die nächsten Monate werden es zeigen."

Gruß,
Fantomas
Antwort auf Beitrag Nr.: 32.179.955 von mike32 am 28.10.07 13:16:54Hallo,

natürlich ist der Ausgabepreis nicht gerade schön für Altaktionäre, aber man sollte schon auch den Zeitpunkt beachten wo darüber verhandelt wurde.
Fantomas hat schon gesagt, dass noront so ähnlich gehandelt hat...
Ein Explorer brauch nun einmal Geld...

So ein PP ist ja nicht nur von Nachteil. Damit sind jetzt Große mit an Bord. (Die machen nichts ohne Grund)
Desweiteren werden in Can immer noch große Stückzahlen gekauft. Was vermuten lässt, dass die Großen noch mehr aufstocken.
Vor allem bin ich aber von den Namen begeistert, welche nun mit an Bord sind!!! Diese sprechen für sich und haben mich veranlasst im Nov. massiv aufzustocken.

Zum Schluss sollte man auch mal schauen, wie stark sich der Kurs trotz des miserablen Ausgabepreises, der Verwässerung UND dem nachgebenden Kurs von noront zum Schluss in Can gehalten hat!!!
-NAHEZU OHNE VERLUST GESCHLOSSEN!!!!

Verstehe nicht, weshalb noront immer sooo weit weg von bmk geredet wird! Es wird immer gesagt, bmk hätte noch nichts vorzuweisen...
Das stimmt, ABER genau nebenan wurden enorm hohe Grade nachgewiesen! Ist es denn soo unwahrscheinlich das paar meter weiter auch etwas ist??

-Glaubt ihr, dass Volumen wäre nur Zufall?
-Glaubt ihr die Großen steigen ohne Grund ein. Aus Jux? Mit dem Geld?
-Glaubt ihr die geben ihren guten Namen her für NIX?

Statt zu denken NUR noront wäre der burner, sollten wir uns alle zusammen freuen, dass wir SEHR wahrscheinlich eine zweite Perle haben! Evtl. mit UC die dritte!!

Gruß Kelthe
Antwort auf Beitrag Nr.: 32.180.611 von Fantomas96 am 28.10.07 16:13:11Hallo Fanzomas96,

das es auch anders geht , hat ja nun unlängst " PRB " bewiesen :

http://www.stockhouse.com/news/news.asp?newsid=6168716&tick=… .

Ob man nun den CEO von " NOT " , der , s. Agoracomthread , man kennt sich dort schon lange Jahre , als äusserst aktionärsfreundlich (und das ist noch nicht mal übertrieben ) ist , mit dem was bei "BMK" ablief , vergleichen kann , wage ich zu bezweifeln .

Ausserdem ist die PP von NOT Geschichte und BMK die Gegenwart !

Bei einer normalen PP , hätte man wohl auch keinen " Trading Halt "

erwirken müssen !

@Kelthe ,

ich weiss nicht was daran falsch ist , auf Dinge hinzuweisen , die nicht korrekt sind , nur weil sie nicht in Deinen Kram passen . Das der Kurs nicht eingebrochen , ist wohl mehr auf die Gier der Anleger zurückzuführen , ja nicht eine 2. "NORONT " zu verpassen , die es leider nicht mehr geben wird .

Aber nichts für ungut , trotz alledem , wünsche Euch allen fette Gewinne mit "BMK" und den anderen Sideplays !



gruss mike
PS.: wenn zwei das GLEICHE tuen , ist es noch lange nicht das GLEICHE !;););)
Entschuldigt bitte die Störung,

aber habt ihr euch schon angemeldet für die schicke Advent Party von WO?
Schaut mal unter http://www.wallstreet-online.de/dyn/community/thread.html?th…



Ich freue mich auf jeden Gast, lasst knacken!

:) Päpstin
Antwort auf Beitrag Nr.: 32.181.017 von mike32 am 28.10.07 18:03:13Es ist nichts falsch daran "auf Dinge hinzuweisen"!
Diskutiere auch sehr gern unvoreingenommen. Ebenfalls habe ich auch betont, dass die Aktion für die Altaktionäre auf den ersten Blick auch nicht Vorteilhaft war.

Aber bei dir habe ich leider das Gefühl, das es dir nicht passt, das bmk auch erfolg haben könnte.

"außerdem ist die PP von NOT Geschichte und BMK die Gegenwart"

Ich bitte dich, was ist das für eine Begründung oder Aussage???
bmk hat ja auch noch nicht gebohrt, not schon. Und jetzt?
Wie ich schon mal geschrieben habe, sind wir zeitlich hinter noront!
Daher ist der Kurs ja auch noch nicht so gelaufen wie bei noront!
Fakt ist, dass noront ebenfalls ein PP hatte!!!
Schau bitte mal auf den 2-3 Jahreschart in Can bei bmk UND not!
Da wirst du etwas feststellen...

"Das der Kurs nicht eingebrochen ist, ...die Gier der Anleger nicht die 2. Noront zu verpassen, DIE ES NICHT GEBEN WIRD"!

Diese Aussage schmeckt mir nicht! Aus folgenden Gründen:
-Bei dem Volumen kann man wohl kaum von "gierigen Kleinanlegern" sprechen, welche keinerlei Ahnung haben, oder?
Würden denn die Großen einsteigen, wenn NICHTS wäre?
-"DIE ES NICHT GEBEN WIRD" krönt die ganze Sache!
Du scheinst ja ganz genau zu wissen, das bei bmk nichts liegt! Der liebe Gott hat NUR bei NORONT die Rohstoffe hingekippt, was?
Also dafür hätte ich ganz gerne mal eine Erklärung.

Nichts für ungut aber es scheint mir so, als hättest du etwas dagegen, dass bmk genauso erfolgreich sein KÖNNTE wie noront.
Jedoch wüsste ich nicht weshalb. Könntest doch auch noch einsteigen und Geld verdienen...

Was wäre denn so verkehrt daran, wenn bmk auch hohe Grade nachweisen könnte?
Oder ist es dir einfach zu früh. Möchtest gerne not über 10€ verkaufen und dann ganz günstig mit dem Kapital in bmk rein. Daher wärst du interessiert, das der Kurs noch etwas wartet.

Wie dem auch sei, einfach mal zu sagen es gäbe keine 2.noront ist ja quatsch!

Gruß Kelthe
Antwort auf Beitrag Nr.: 32.181.017 von mike32 am 28.10.07 18:03:13;););)
Ziemlich gut, deine Einstellung, Mike,

auch ich wünsche allen fette Gewinne mit BMK, aber im Gegensatz zu NOT (Windfall 1700 g/t Au) hatte BMK vor dem PP nichts nachzuweisen, das ist eben der Unterschied, den Kelthe nicht zu begreifen scheint.

Weil Jack K. der Nachbar von Bill Gates ist, heisst es doch nicht, dass er jemals reich sein wird, was ist das für eine Logik?, – wenn ich diese Metapher verwenden darf – auch wenn die Wahrscheinlichkeit für BMK ein paar Prozentpunkte höher liegt?

Das hier ist ein Faktenthread, also soll Kelthe hier Fakten liefern, kein Geschwätz.

Grus BWK
Antwort auf Beitrag Nr.: 32.181.532 von Kelthe am 28.10.07 19:35:46Oder ist es dir einfach zu früh. Möchtest gerne not über 10€ verkaufen und dann ganz günstig mit dem Kapital in bmk rein. Daher wärst du interessiert, das der Kurs noch etwas wartet.



Ja , das ist der Grund !

gruss mike :cool:
Antwort auf Beitrag Nr.: 32.181.017 von mike32 am 28.10.07 18:03:13Hallo Mike,

damit wir uns nicht falsch verstehen, ich halte die PP-Praxis von BMK für absolut altaktionärsunfreundlich.

Ob man nun den CEO von " NOT " , der , s. Agoracomthread , man kennt sich dort schon lange Jahre , als äusserst aktionärsfreundlich (und das ist noch nicht mal übertrieben ) ist , mit dem was bei "BMK" ablief , vergleichen kann , wage ich zu bezweifeln .

Ausserdem ist die PP von NOT Geschichte und BMK die Gegenwart !



Und der Vergleich zum NOT-PP war nicht auf Richard gemünzt, der, wie Du ausführtest, mit Sicherheit "sehr aktionärsfreundlich" ist.

BWK schrieb:

"aber im Gegensatz zu NOT (Windfall 1700 g/t Au) hatte BMK vor dem PP nichts nachzuweisen"

Und genau deswegen habe ich mich auch letzten Dezember geärgert, daß es gerade nach den Windfall-News ein PP mit großer Verwässerung zum halben Preis des damaligen Höchstkurses gegeben hat, wo doch nach diesen Ergebnissen eine sehr optimistische Situation vorlag. Und ich glaube auch, daß diese Verwässerung bis Juli/ August trotz weiterer guter News einer von vielen Gründen für den Preisverfall von Noront war.
Aber ich mußte einsehen, daß das nunmal das "Spiel der Großen" ist.
Keiner investiert große Summen ohne irgendwelche Vorteile gegenüber allen "Kleinen" zu bekommen.
Und Richard hat dieses Geld schnell gebraucht, um die Projekte, allen voran Windfall, schnellstmöglich weiter voranzutreiben.
Daher ist Noront heute da, wo wir jetzt sind !

Aber Du hast Recht, BMK hätte es auch anders machen können (s. PRB).

So und jetzt hoffe ich, daß alle (wichtigen) Area Plays ihre PP´s durch haben und wir uns wieder der Hauptsache widmen können, die für alle in James Bay von immenser Bedeutung ist:

Drillergebnisse von NORONT in der kommenden Woche !


Gruß,
Fantomas
Antwort auf Beitrag Nr.: 32.181.655 von blackwhiteknight am 28.10.07 19:55:29Scheinbar kann und WILL hier niemand begreifen, dass der Kurs von bmk ganz wo anders ist, wenn Ergebnisse vorliegen!!!
Habe Argumente gepostet welche für einen ähnlichen Verlauf sprechen im Gegensatz zu anderen.
Bohrergebnisse als Fakten kann ich dir leider keine geben!

Es wäre doch besser investiert zu sein BEVOR die Ergebnisse kommen oder sehe ich das falsch??

Aber wie mike in seinem Posting zugegeben hat ist ihm der Anstieg einfach zu früh!
Das glaube ich ihm!! Und das ist auch OK!

Gruß Kelthe
Antwort auf Beitrag Nr.: 32.182.892 von Kelthe am 29.10.07 07:10:11Aber wie mike in seinem Posting zugegeben hat ist ihm der Anstieg einfach zu früh!
Das glaube ich ihm!! Und das ist auch OK!
:cool::cool::cool:
Oct 29, 2007 06:30 ET
Fancamp Exploration-Acquires "Magpie" Interest
BURNABY, BRITISH COLUMBIA--(Marketwire - Oct. 29, 2007) - Fancamp Exploration Ltd. (TSX VENTURE:FNC) -

The Company wishes to report that it has acquired, by staking (together with a 50% partner) a 50% interest in the well known Magpie titaniferous magnetite deposits located on Quebec's North Shore, some 80 miles north of the coast, near Longue Pointe de Mingan.

It was reported by Marcel Vallee and Raymond Raby of SOQUEM in CIM Transactions Vol. LXXIV, pages 264-271, 1971, that these deposits contain more than one billion tons of titaniferous magnetite grading 43% Fe, 10.5% Ti02 and 1.6% Cr with minor values of vanadium. This estimate is historical in nature and therefore should not be relied upon. A qualified person has not done sufficient work to classify the historical estimates as current mineral resources and the Company does not consider these historical estimates as current.

The Magpie deposits outcrop as a series of en echelon ridges in a corridor some 4.5 miles long and 2,000 feet wide. The ridges stand up to 800 feet above the surrounding country, lending themselves to low cost mining methods.

ON BEHALF OF THE BOARD

Peter H. Smith, Ph.D., P.Eng., President

S.E.C. Exemption: 12(g)3-2(b)



The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Antwort auf Beitrag Nr.: 32.185.256 von mike32 am 29.10.07 11:06:13Wie mir scheint sehen das andere genauso und schichten bereits in bmk um....


Gruß Kelthe
Antwort auf Beitrag Nr.: 32.189.364 von Kelthe am 29.10.07 15:05:40Wie mir scheint sehen das andere genauso und schichten bereits in bmk um...

Ja, wenn sie blöd sind, schichten sie um. Viel Glück.

BWK
ACHTUNG FAKTENTHREAD !!!


Ich möchte alle Poster hier noch einmal eindringlich bitten, hier NUR Fakten zu posten (ein kleiner Kommentar hier und da zu den Fakten ist o.k.).

Dies soll eine Informationsplattform zu Playern im James Bay-Gebiet sein.

Wer sich über Gerüchte, Kursentwicklungen etc. austauschen möchte, soll doch bitte einen Thread dafür eröffnen !


VIELEN DANK FÜR DIE BEACHTUNG !



Gruß,
Fantomas
TORONTO, ONTARIO--(Marketwire - Oct. 30, 2007) - Noront Resources Ltd. ("Noront")(TSX VENTURE:NOT) is pleased to announce progress of the diamond drilling and geophysical program, as well as recently received assay results on its' Double Eagle project located in James Bay Lowlands, northeastern Ontario.

HIGHLIGHTS

- Hole NOT-07-07 undercut hole NOT-07-05 intersected the main mineralized zone starting at 72 meters core length and remained in it until 123.5 meters, for a total of 51.5 meters which included massive sulphide mineralization between 75.2 and 89.5 meters (14.3 meters) core length that averaged 2.5% Cu, 6.3 % Ni, 5.92 g/t Pt, 16.21 g/t Pd, 0.24 g/t Au and 8.3 g/t Ag.

- Hole NOT-07-09 intersected the mineralized zone at 43 meters core length and remained in it until 88.6 meters for a total intersection of 45.6 meters. This mineralized zone included two massive sulphide sections totaling 22 meters. Assays for the 17.4 meter upper massive sulphide section averaged 3.87 % Cu, 4.82 % Ni, 1.02 g/t Pt, 14.78 g/t Pd, 0.27 g/t Au and 11.3 g/t Ag (Pd values pending), while the lower 4.6 meter massive sulphide section averaged 2.01 % Cu, 8.3 % Ni, 0.14 g/t Pt, 0.23 g/t, 11.53 g/t Pd, Au and 5.1 g/t Ag;

- The near vertical dipping mineralized Nickel - Copper - PGM Eagle One occurrence averaging 40 to 45 meters in horizontal width is still open along strike, lies conformably near the western edge of a larger peridotite intrusive that has widened to 85 meters in horizontal width at its presently drilled south extent.

- Noront increases land position to 41,632 hectares (416.32 square kilometers) in 173 mining claims, and staking continues around the "Ring of Fire".

- Detailed ground geophysical program continues, airborne AeroTEM-2 survey underway by Aeroquest International Limited, overseen by Scott Hogg and Associates, survey started on October 15th and to date they have flown 1,102 kilometers.

Noront has completed 2,676 meters of diamond drilling in 15 diamond drill holes (not including current holes that are underway) on the Eagle One Ni-Cu-PGE occurrence since starting the drill program in late August. The following table summarizes drill hole locations (based upon local grid) and provides details of the drilling completed thus far.




Table 1 Corrected Local Grid Co-ordinates
------------------------------------------------------------------------------------------------------------------------------------------------------ Northing Easting Elev-Hole Northing Easting UTM UTM azimuth dip ation Length--------------------------------------------------------------------------- Local Local Grid GridNumber (m) (m) (degrees) (degrees) (m ASL) (m)---------------------------------------------------------------------------NOT-07-1 1210 5100 5843646 547202 135 -45 172 140---------------------------------------------------------------------------NOT-07-2 1210 5100 5843646 547202 135 -65 172 191---------------------------------------------------------------------------NOT-07-3 1221 5200 5843741 547251 135 -45 172 179---------------------------------------------------------------------------NOT-07-4 1185 5000 5843578 547130 135 -45 172 133---------------------------------------------------------------------------NOT-07-5 1162 5150 5843654 547265 0 -90 172 143.4---------------------------------------------------------------------------NOT-07-6 1025 5290 5843644 547441 270 -45 172 389---------------------------------------------------------------------------NOT-07-7 1218 5103 5843653 547198 96 -45 172 149---------------------------------------------------------------------------NOT-07-8 1218 5103 5843653 547200 96 -70 172 171---------------------------------------------------------------------------NOT-07-9 1204 5147 5843683 547233 97 -45 172 99---------------------------------------------------------------------------NOT-07-10 1204 5147 5843683 547233 97 -71 172 123---------------------------------------------------------------------------NOT-07-11 1204 5147 5843683 547233 97 -59 172 113.8---------------------------------------------------------------------------NOT-07-12 1188 5002 5843580 547129 104 -50 172 239---------------------------------------------------------------------------NOT-07-13 1188 5002 5843580 547129 104 -68 172 254---------------------------------------------------------------------------NOT-07-14 1170 5012 5843576 547150 104 -45 172 197--------------------------------------------------------------------------- under-NOT-07-15 1120 5015 5843536 547191 102 -60 172 way---------------------------------------------------------------------------NOT-07-16 1080 5108 5843562 547290 269 -45 172 155--------------------------------------------------------------------------- 143NOT-07-17 1080 5108 5843562 547290 269 -60 172 (cont.)------------------------------------------------------------------------------------------------------------------------------------------------------



Please note that the local grid collar locations are measured from the NW - SE oriented un-surveyed picket lines, whereas the UTM Grid co-ordinates are the GPS surveyed collar locations. The latter should be used when plotting drillholes. An up to date drill collar location plan of the area will be added to the Noront website www.norontresources.com within the next few days, along with a preliminary 3D Gemcom model of this MMS occurrence.



New drill hole data (assays received)
------------------------------------------------------------------------------------------------------------------------------------------------------ FromHole (m) To (m) Int. Cu Ni Pt Pd Au Ag (m) (%) (%) (g/t) (g/t) (g/t) (g/t)------------------------------------------------------------------------------------------------------------------------------------------------------NOT-07-07 72 123.5 51.5 1.5 3.7 2.28 7.51 0.82 5.2---------------------------------------------------------------------------including 72 75.2 3.2 1.25 0.61 0.68 2.58 0.07 4.1---------------------------------------------------------------------------and 75.2 89.5 14.3 2.47 6.27 5.92 16.21 0.24 8.3---------------------------------------------------------------------------incl. high grade 75.2 78 2.8 3.02 8.46 22.15 22.42 0.17 10.1---------------------------------------------------------------------------and 89.5 103.8 14.3 2.42 6.31 0.4 8.71 2.63 8---------------------------------------------------------------------------and 103.8 123.5 19.7 0.17 0.45 1.29 1.15 0.06 1.11---------------------------------------------------------------------------
---------------------------------------------------------------------------NOT-07-08 129 136.9 7.9 0.13 0.31 0.13 0.57 0.38 1.3---------------------------------------------------------------------------
---------------------------------------------------------------------------NOT-07-09 43 88.6 45.6 1.82 2.89 0.6 7.16 0.15 5---------------------------------------------------------------------------including 43 45.8 2.8 0.01 0.06 0.04 0.09 0.01 0---------------------------------------------------------------------------and 45.8 63.2 17.4 3.87 4.82 1.02 14.78 0.27 11.3---------------------------------------------------------------------------and 63.2 65.3 2.1 0.28 0.06 0.3 0.14 0.07 0---------------------------------------------------------------------------and 65.3 69.9 4.6 2.01 8.3 0.14 11.53 0.23 5.1---------------------------------------------------------------------------and 69.9 88.6 18.7 0.31 0.51 0.34 0.84 0.06 0.5------------------------------------------------------------------------------------------------------------------------------------------------------



Please note that the drill intercepts mentioned herein are not true widths, any reference to true width at this time in the exploration of the Eagle One MMS occurrence would be misleading. The mineralized body is irregular in shape, based upon the drilling to date and is best described below under description of mineralized body.

Assays from hole NOT-07-07 have recently been received. As stated in an earlier press release (October 9) this hole was positioned at the same collar location as holes NOT-07-01 and NOT-07-02 (7 meters away to allow for drill setup), however the azimuth was set at 096 degrees, to undercut Hole NOT-07-05 from the west that was drilled vertically. The initial dip of this hole was set at -45 degrees. The hole entered the peridotite bearing sulphide unit at 72 meters core length, then hit the massive sulphide zone at 75.2 meters, remaining in massive sulphides until 89.5 meters. It then entered a mixed zone of net-textured massive sulphides from 89.5 to 103.8 meters downhole, and remained in mineralized peridotite until 123.5 meter core length for a total mineralized drill intercept of 51.5 meters.

Assays from hole NOT-07-08 have also been received. This hole was positioned at the same collar location as hole #7 and drilled in the same direction 096 degrees azimuth, however the dip of the hole was steepened to -70 degrees. This hole entered the peridotite at 128.8 meters and had only a short section of mineralized peridotite containing sulphides between 131.5 and 136.9 meters. The hole then entered the granodiorite and was stopped at 171 meters.

Complete assays for hole NOT-07-09 have been received. Hole NOT-07-09 was designed to determine the northerly strike and up plunge potential of the mineralized zone, drilled along an east-west oriented drill section 25 meters to the north of NOT-07-05. This hole was drilled from the northwest (for local grid co-ordinates and collar information refer to Table 1). The hole entered peridotite at 43 meters core length and then entered massive sulphides at 45.8 and remained in massive sulphide mineralization until 63.2 meters core length. After a short section of peridotite, the hole re-entered massive sulphides at 65.3 meters core length and then re-entered the peridotite at 69.9 meters. This section of peridotite was well mineralized with net textured sulphides until 88.6 meters core length when granodiorite was encountered. The hole was terminated at 99 meters in granodiorite.

Hole Summaries (assays outstanding)

Hole NOT-07-10 was drilled to test for massive sulphides below NOT-07-09. This hole did not intersect any massive sulphides; it is assumed that the hole went below the main massive sulphide zone, however the hole went through 12.1 meters of peridotite containing minor sulphide between 86.9 and 99 meters downhole. The hole was terminated in granodiorite at 119 meters.

Hole NOT-07-11 was drilled to test for massive sulphides below NOT-07-09 and above hole NOT-07-10. This hole encountered the peridotite between 52.3 and 93.4 meters downhole, that contained two sections of well mineralized massive sulphides between 58.5 and 60.1 meters (1.6 meters) followed by another massive sulphide section between 74.4 and 75.8 meters (1.4 meters) with mineralized peridotite inbetween. The hole was terminated in granodiorite at 113.8 meters.

Hole NOT-07-12 was drilled as a 40 meter southerly step out on section in the plane of the mineralized zone as defined by the pierce points of holes NOT-07-07 and, 01 and 02 along an east-west oriented drill section. This hole intersected the peridotite at 82.5 meters and then intersected massive sulphides between 83.6 and 92 meters downhole. From 92 to 113 meters a semi-massive section of sulphides was encountered consisting of pyrrhotite, pentlandite and chalcopyrite, followed by net textured nickel and copper sulphide mineralization to 182 meters, after which lean sulphide bearing altered peridotite host rock was encountered to 220.6 meters down hole. The hole was terminated at 239 meters in granodiorite.

NOT-07-13, drilled with an azimuth of 104 degrees at -68 degrees initial dip, from the same collar location as NOT-07-12. This hole was designed to undercut the mineralized zone at depth below hole 12. The hole was drilled to a depth of 254m and encountered granodiorite through it's entire length, and had steepened to -72 degrees at the end.

NOT-07-14 was positioned 20m east of hole NOT-07-12 and 13 with an initial easterly azimuth of 104 degrees with an initial dip set at -45 degrees to overcut hole #12. After 46m of granodiorite, NOT-07-14 intercepted peridotite with weak sulphide mineralization from 46 to 53 meters. From 53 meters to 56.4 meters, massive sulphides were intersected. From 56.4 to 80 meters, net-textured peridotite with strong sulphide mineralization was encountered. To 103m, moderately mineralized peridotite consisting of disseminated sulphides was intersected. Weakly mineralized peridotite was then intersected until 188m. The hole ended in granodiorite at 197m.

The second drill, set up approximately 30 meters south of the NOT-07-14 drill section on hole NOT-07-15 with a collar location of 50+15E, 11+20N in local grid co-ordinates and an initial dip of -60 degrees with a 102 degrees azimuth is underway, but has yet to complete any advance due to faulty equipment.

NOT-07-16 was positioned with local grid coordinates of 51+08E, 10+80N and drilled west at 269 degrees azimuth to explore the wide extent of the peridotite over the hole NOT-07-14 mineralized zone closer to surface. NOT-07-16 was drilled at -45 degrees. This hole encountered altered peridotite from 4.5 until 93 meters with trace mineralization. From 93 to 121 meters, peridotite with disseminated sulphides was encountered. From 121 to 133 meters, net-textured peridotite with strong sulphide mineralization was intersected. From 133 to 133.6 meters, massive sulphides were encountered. After this point, a mafic dyke mixed with granodiorite was encountered to the end at 155 meters.

NOT-07-17 is positioned at the same collar location as hole NOT-07-16 with an initial dip of -60 degrees to undercut the mineralization encountered in the upper hole. This hole intersected mineralized peridotite at 98 meters and at 138 meters encountered net textured sulphides which continues to at least 143 meters where the drill hole advance is temporarily halted due to a mechanical breakdown.

Description of mineralized body

To date, the north-south striking peridotite intrusive body hosting the Eagle One occurrence has varied in horizontal width from approximately 40 meters at the north end (in drill holes NOT-07-9, 10, 11) to 85 meters at the most southerly drilled section of holes (in holes NOT-07-12, 14, 16, 17) for a horizontal drilled length of 130 meters and still open to the south. The mineralized Peridotite including basal massive sulphides on the west side, are overlain by net-textured sulphides which in turn are overlain by lower sulphide mineralization to the east; all carry significant Nickel-Copper-PGM values in the five holes assayed to date with another five holes in which assays are pending. The Eagle One mineralized Nickel-Copper zone (an MMS type deposit) varies in horizontal width from approx. 40 meters at the north end to 45 meters at the south end and remains open at both ends. Maximum vertical extent of the mineralized zone thus far from the bottom of the shallow overburden and younger limestone capping is approximately 130 meters outlined by drilling to date.

Property Expansion Status

In light of this exciting Nickel - Copper and PGE discovery, with high economic potential, Noront continues with an aggressive exploration and staking campaign and have dubbed the area the "Ring of Fire". Prior to Noront's initial discovery of the "Eagle One Ni-Cu-PGE occurrence", Noront held 32 individual claims totaling 491 units (7,856 hectares). Since the discovery on August 25, 2007, Noront has recorded an additional 141 claims totaling 2111 units (33,776 hectares). Presently, Noront has amassed an area within the "Ring of Fire" of 173 mining claims totaling 2,602units (41,632 hectares) or 416.32 square kilometers.

Expanded program

The second diamond drill arrived at the project site on the 23rd of October and was moved to the first drill site to test for the southerly extension of the Eagle One Magmatic Massive Sulphide (MMS) occurrence. Unfortunately this drill arrived in a bad state of repair and encountered difficulty during startup. Mechanics from Cabo Drilling arrived on October 27 to commence repairs in the field. In addition to the stepped up drilling program that will go through the freeze-up period with both drills a new drill camp is being built within walking distance to the Eagle One MMS occurrence that will minimize the downtime due to weather and the helicopter not being able to service the drill for shift changes. ( a number of shifts have been lost due to inclement weather). In addition to the intense ground geophysical program already referred to in earlier press releases, an airborne survey contract was awarded to Aeroquest International Limited using their helicopter mounted AeroTEM-2 system. To date a total of 1,102 kilometers of flying have been completed. They initially focused the survey in the vicinity of the Eagle One occurrence and then proceeded to work around the Ring of Fire towards the east to complete as much survey work as possible (weather permitting) covering the newly acquired claims held by the Company.

On Site Quality Assurance / Quality Control Measures

The aforementioned assay and sample information, as well as geological descriptions are taken from drill logs as prepared by two site geologists for the drill program, Dr. Howard Lahti, P.Geo., of Fredericton, New Brunswick and Mike Kilbourne, geologist from Newmarket, Ontario. Billiken Management Services Inc. is providing all services on site for the Noront Double Eagle Project, from their base camp at McFaulds Lake. Billiken is a holder of Certificate of Authorization issued by the Association of Professional Geoscientists of Ontario.

All samples reported upon herein were selected, and sealed and readied for shipment to ALS Chemex laboratory in Thunder Bay Ontario, they were assigned a "RUSH ASSAY" request. All samples were selected by either Dr. Howard Lahti, P.Geo. or Mike Kilbourne (geologist), and were cut in half by diamond core saw. Individual samples were labeled, placed and sealed in plastic sample bags. Groups of samples were then placed into durable rice bags that were secured by project security tags and then placed into plastic pails for shipping. Plastic pails were delivered via bonded carrier to ALS Chemex's sample preparation laboratory in Thunder Bay, Ontario. All samples were then crushed and pulverized, then sample pulps were sent to ALS Chemex Laboratory in Vancouver B.C. for analysis, remaining coarse reject portion of the samples remain in storage at the ALS Chemex storage facility in Thunder Bay as required in the event that further work is needed. In Vancouver, the samples underwent analysis using ALS Chemex assay procedure AA46 for nickel, copper and silver, and ICP24 for Au, Pt, and Pd. When samples received over-limit values they underwent further analysis using ALS Chemex assay procedure ICP27 (for gold, platinum and palladium), as well as GRA21 for gold. The reader is referred to: www.alschemex.com for details of these analytical procedures.

Independent Quality Assurance and Quality Control Protocol

Gold, platinum and palladium are assayed using fire assay on a 50 gram nominal sample weight with an ICP-AES finish. Nickel and copper are assayed using aqua regia (3-acid) digestion with either ICP-AES or AAS finish. A comprehensive QA/QC program has been implemented to monitor all assays on the Double Eagle Project. Samples are assembled in numbered batches of 77 samples, which equates to the number of client samples per furnace batch at ALS Chemex. Included in each batch of 77 samples are 4 certified reference material samples, 3 blank samples comprised of sterile drill core, and 4 field duplicate samples. This QC program was set up for Noront by Tracy Armstrong P.Geo, of P&E Mining Consultants Inc. ("P&E") of Brampton, Ontario. Ms. Armstrong is a qualified geologist in the Provinces of Ontario and Quebec. Assay results will be monitored on an on-going, real time basis for accuracy, contamination and precision by P&E.

Independent QA/QC report received October 29, 2007

Tracy Armstrong, P.Geo. of P&E reports "The QC results have been examined for the most recent batch of sample results received from ALS Chemex. Results for the blanks inserted into the sample batch are all acceptable, precision on the duplicates is not as good as the first report, but the values for these recent samples are generally higher, so this is not too surprising. With respect to the insertion of standards into the sample batch, the No. 1 standard results are all within the warning limits for Au, Pt, and Pd and are acceptable (this standard was not certified for copper and nickel). The No. 2 standard is also within warning limits for Au, Cu, Ni, and Pd, however Pt has two out of four data points on the tolerance limit line, with one point failing, and one point within the warning limits. As of yet, with only 4 data points, it is not too concerning, but this will need to be followed closely." Billiken will advise ALS Chemex of this concern so that the issue can be addressed immediately.

Richard Nemis Goes ''Beyond the Press Release''

Please join President and CEO, Richard Nemis as he goes ''Beyond the Press Release'' to provide shareholders with a video address that further discusses the results described within this press release. The address will be available on the Noront Resources Investor Relations Hub at www.agoracom.com/ir/Noront on Tuesday, October 30, 2007 at 5pm Eastern Time.

This press release includes certain "Forward-Looking Statements" within the meaning of the US Private Securities Reform Act of 1995. Other than statements of historical fact, all statements are "Forward-Looking Statements" that involve such various known and unknown risks, uncertainties and other factors. There can be no assurance that such statements will prove accurate. Results and future events could differ materially from those anticipated in such statements. Readers of this press release are cautioned not to place undue reliance on these "Forward-Looking Statements".

This press release has been prepared by management of Noront Resources Ltd., and has been approved for dissemination by Neil Novak P.Geo., a director and recently appointed Vice President Exploration of Noront, being a Qualified Person under Canadian Securities guidelines.

Noront is a tier 2 junior resource company on the TSX Venture Exchange, trading symbol NOT, with 111,456,582 shares issued to date.

Investors are invited to visit the Noront Resources IR Hub at www.agoracom.com/IR/Noront where they can post questions and receive answers or review questions and answers already posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to NOT@agoracom.com where they can also request to be added to the investor e-mail list to receive all future press releases and updates in real time.

ON BEHALF OF THE BOARD OF DIRECTORS

R. Nemis, President and Chief Executive Officer


The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.



http://biz.yahoo.com/ccn/071029/200710290421742001.html?.v=1


Press Release Source: Freewest Resources Canada Inc.

Freewest Flying Detailed Airborne Geophysical Survey on its McFaulds Property, James Bay Lowlands, Ontario

Monday October 29, 10:25 am ET


MONTREAL, QUEBEC--(Marketwire - Oct. 29, 2007) - Mackenzie I. Watson, President and CEO of Freewest Resources Canada Inc. (the "Company") (TSX VENTURE:FWR - News) is pleased to announce that a detailed airborne geophysical survey is currently being flown over its McFaulds property (the "Property"). The Property consists of 9 mineral claims comprising 22.7 square kilometres and is located 4 kilometres north-east of the Double Eagle nickel-copper-platinum group element deposit, recently discovered by Noront Resources Ltd. (TSX VENTURE:NOT - News). The subject properties are located in the Sachigo greenstone belt approximately 300 kilometres north of the town of Nakina, in the James Bay Lowlands of northern Ontario.

DOUBLE EAGLE NICKEL-COPPER-PGE DEPOSIT:

The Double Eagle discovery has returned some exceptional grades including 1.84% nickel, 1.53% copper, 1.14 g/t platinum and 3.49 g/t palladium over 36.0 metres (NOT-07-01) as well as 5.90% nickel, 3.10% copper, 2.78 g/t platinum and 9.78 g/t palladium over 68.3 metres in hole NOT-07-05. The deposit is hosted in peridotite intrusive rocks situated within the basal, lower-most portion of the southern limb of the Sachigo greenstone belt that is likely southeast-facing (oldest rocks to the north-west and youngest to the south-east). Mineralization is hosted within an ultramafic sub-volcanic intrusion that frequently occur at the base of Archean greenstone belts. It is intimately associated with a discrete magnetic anomaly (magnetic high) coincident with an electromagnetic anomaly (conductor).

FREEWEST'S MCFAULDS PROPERTY:

Based on an archived airborne geophysical survey flown in 2003 and geological evidence, Freewest's McFaulds property likely covers the north-easterly extension of the basal portion of the stratigraphic section or sub-volcanic intrusion that hosts the Double Eagle deposit. Supplementing the favourable geological setting , are a series of strong discrete magnetic highs and associated electromagnetic conductor clusters on the Freewest property that are similar to the geophysical signature of the Double Eagle deposit. These anomalies are prime targets for diamond drilling.

The following images show the coincident conductors and magnetic highs on Freewest's McFaulds property relative to the Double Eagle deposit.

An earlier drill hole completed by Spider Resources Inc. and KWG Resources Inc on the Freewest portion of the property known as the Freewest JV in 2006, returned high-grade chrome mineralization with anomalous nickel, copper and platinum-group-element mineralization within a peridotite host rock. The drill hole in combination with the airborne geophysical anomalies, confirmed that the geological setting of the Company's McFaulds property is very similar to that of the Double Eagle deposit.

Four (4) of the 9 mineral claims (10 square kilometres) comprising the McFaulds property are wholly owned by Freewest Resources Canada Inc. The remaining 5 mineral claims or 12.7 square kilometres, are currently under option to Spider Resources Inc. and KWG Resources Inc (Freewest JV property). On the latter, Spider and KWG may earn a 50% interest in them by spending C$3,000,000 on exploration over a 4-year period. They may earn a 60% interest by delivering a bankable feasibility study on any mineralization identified and a cumulative 65% by arranging project financing on behalf of Freewest to put such mineralization into commercial production.

Spider and KWG recently announced that they intend on spending C$2,000,000 on drilling select airborne and ground geophysical anomalies on the Freewest JV property in the winter of 2008 (see Spider Resources Inc. news release of October 1, 2007).

The Airborne Geophysical Survey:

The current airborne geophysical survey is being flown on flight lines spaced 100 metres apart (as opposed to the 300-metre line spacing in the 2003 survey) allowing for greater definition and resolution of anomalies. It is being completed by Aeroquest International utilizing the AeroTEM II helicopter-borne time domain electromagnetic system. It is anticipated that the preliminary results will be available to the Company in early to mid-December allowing for the completion of a diamond drilling program by Freewest in the early winter of 2008.

Donald Hoy, P. Geo. (Ontario), Vice President of Exploration and a Director is the Company's qualified person on the McFaulds property and is responsible for the preparation o this news release.

Freewest is a well-financed mineral exploration company exploring for gold, base-metals and uranium in Eastern Canada. Corporate information can be accessed on the Internet at www.freewest.com. Freewest's shares are listed on the TSX Venture Exchange under the symbol FWR.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

Contact:
Mackenzie I. Watson
Freewest Resources Canada Inc.
President and CEO
514-878-3551 or 1-888-878-3551
514-878-4427 (FAX)
info@freewest.com
www.freewest.com
--------------------------------------------------------------------------------
Source: Freewest Resources Canada Inc.




Gruß,
Fantomas
October 31, 2007
Macdonald Closes Strategic $10 Million Brokered Financing With Key Mining Individuals-Preparation Underway for November Drill Program
TORONTO, ONTARIO--(Marketwire - Oct. 31, 2007) - MacDonald Mines Exploration Ltd. (TSX VENTURE:BMK) -

The $10,000,000 private placement financing previously announced on October 26, 2007 has been completed.

The Company is pleased to welcome Robert McEwen - Chairman & CEO, US Gold Corporation, Pinetree Capital Ltd. headed by Chairman & CEO - Sheldon Inwentash, Pierre Lassonde - Chairman, Franco-Nevada Corporation, and Randall Oliphant - Chairman, Western Gold Fields Inc. as shareholders and strategic investors in MacDonald Mines.

The proceeds will be used to fund exploration programs on the Company's James Bay properties and for working capital purposes.

EXPLORATION PROGRAM

The land package currently held by MacDonald Mines in James Bay in whole or with Joint Venture Partners is over 600 square kilometres. This ground is largely on favourable geology which is similar to that which hosts the Noront Resources nickel discovery.

MacDonald Mines' management and exploration personnel believe very strongly in the James Bay Nickel opportunity. The Company has demonstrated this through its recent strategic land acquisition and in quickly mobilizing an exploration program which includes a 9,000 kilometer airborne survey over its newly acquired properties and a drill program of 2,000 meters.

The airborne survey is in progress, grids have been cut and ground survey and drill crews will be mobilized into the James Bay area later this week with drilling to begin shortly thereafter. We will once again utilize the First Nations Community of Webequie as our base camp for this program.

Bill Nielsen, P. Geo. and Director, will oversee the overall exploration program with field exploration managed by Randy Salo, P. Geo.

ADMINISTRATION

Joseph Heng, CA and Director offered his resignation to the Board of Directors on October 29, 2007. We would like to take this opportunity to thank him for his contribution in this capacity and would like to report that he will continue in his important role as a Financial Services Consultant.

The Board of Directors is pleased to announce that Julie Lassonde-Gray has agreed to join MacDonald Mines as a Director effective October 30, 2007. We look forward to having her join our team and contributing to the success of the Company.

WARNING: The statements made in this news release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from expectations and projections set out herein.


NEWS - Freewest Resources Announces Second Closing of $800,000 "Flow-Through" Private Placement With MineralFields
Posted by: AGORACOM on October 31, 2007 03:05PM


MONTREAL, QUEBEC--(Oct. 31, 2007) - Freewest Resources Canada Inc. (TSX VENTURE:FWR) announces that it has completed the second closing of its previously-announced private placement by issuing a total 1,071,426 "flow-through" common shares to three limited partnerships associated with MineralFields Group of Toronto, Ontario at a price of $0.28 per share, for gross proceeds to Freewest of $300,000.

The sale of the 1,071,426 units represents the second and final tranche of a private placement of 3,000,500 units, for a gross proceeds to Freewest of $800,000.

Each share is accompanied by one-half of a common share purchase warrant. Each whole warrant entitles the holder to acquire one additional common share of Freewest at a price of $0.40 until October 29, 2008.

In connection with the private placement, Freewest paid a finder's fee to Limited Market Dealer Inc., consisting of 42,857 common shares and a compensation option entitling Limited Market Dealer Inc. to purchase up to 107,143 units of Freewest, representing 10 % of the number of "flow-through" common shares sold in the private placement. The compensation option is exercisable at a price of $0.28 per unit until October 29, 2008. Each unit will be comprised of one common share of Freewest and one-half of a common share purchase warrant. Each whole warrant will entitle the holder to purchase one additional common share of Freewest at a price of $0.40 until October 29, 2008.

Freewest also paid Limited Market Dealer Inc. a due diligence fee of $12,000, representing 4% of the gross proceeds raised in the second tranche of the private placement.

The common shares and warrants issued by Freewest at the second closing of the private placement are subject to a four-month hold period expiring on March 1, 2008, in accordance with applicable securities laws and the policies of the TSX Venture Exchange.



Freewest will use the proceeds from the private placement for exploration work on its properties.

As a result of the second tranche of the private placement, there are 150,014,680 common shares of Freewest issued and outstanding.

Freewest is a well-funded mineral exploration company exploring for gold, uranium and base metals in Eastern Canada. Corporate information can be accessed on the Internet at www.freewest.com Freewest's shares are listed on the TSX Venture Exchange under the symbol FWR.

Investors are invited to visit the Freewest Hub at www.agoracom/IR/freewest where they can post questions and receive answers or review questions and answers already posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to FWR@agoracom.com where they can also request addition to the investor e-mail list to receive all future press releases and updates in real time.

About MineralFields, Pathway and First Canadian Securities ®

MineralFields Group (a division of Pathway Asset Management) is a Toronto-based mining fund with significant assets under administration that offers its tax-advantaged super flow-through limited partnerships to investors throughout Canada during most of the calendar year, as well as hard-dollar resource limited partnerships to investors throughout the world. Pathway Asset Management also specializes in the manufacturing and distribution of structured products and mutual funds. Information about MineralFields Group is available at www.mineralfields.com. First Canadian Securities®, a division of Limited Market Dealer Inc., is active in leading resource financings (both flow-through and hard dollar) on competitive, effective and service-friendly terms, with investors both within, and outside of MineralFields Group.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release.

For more information, please contact

Freewest Resources Canada Inc.
Mackenzie I. Watson
President and CEO
(514) 878-3551 or 1-888-878-3551
(514) 878-4427 (FAX)
Email: info@freewest.com
Website: www.freewest.com

http://www.agoracom.com/ir/freewest/messages/614309#message
Nachdem die ganzen Finanzierungsankündigungen durch sind, war heute der Tag der "Closing-Announcements", hier von UC:





http://biz.yahoo.com/ccn/071031/200710310422589001.html?.v=1


Press Release Source: UC Resources Ltd.

UC Resources Announces Closing of Expanded Private Placement

Wednesday October 31, 5:47 pm ET

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 31, 2007) - UC Resources Ltd. (TSX VENTURE:UC - News; "UC" or "the Company") is pleased to announce that it has successfully raised $725,000 in regard to the financing handled privately, as announced in a news release on October 18, 2007, subject to regulatory approval.

The initial allotment was set at $500,000 ($250,000 non-flow-through units and $250,000 in flow-through units), but the Company increased the amount of the financing due to additional interest. All securities issued pursuant to this private placement have a hold period of four months. As announced in the same news release, PowerOne is undertaking a financing of $4,100,000.

The proceeds will be used to fund exploration programs on the Company's James Bay properties, exploration in Mexico and for working capital purposes. To date, there have been 10 individual VMS occurrences discovered and drill tested on the McFauld's Lake properties.

UC Resources Ltd. is a Canadian-based company exploring for base metals in the McFauld's Lake area in the James Bay Lowlands. The recent drill program was financed entirely by UC Resources Limited, in compliance with their funding obligation for the project. UC has an option to earn-in up to a 55% interest in the McFauld's Lake project, which is currently owned by Spider and KWG, as per the binding LOI signed in early March 2007. UC is the operator of the property during the term of their option. UC has expended approximately $1.0 million to complete their initial earn-in on the property (total expenditures are being tallied by management to be presented to Spider and KWG). The company is also very active in Mexico with exploration and production assets.

On behalf of the Board,

Brian Gusko, CFO

Investors are invited to visit the UC Resources IR Hub at http://www.agoracom.com/ir/UCResources where they can post questions and receive answers or review questions and answers already posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to UC@agoracom.com where they can also request to be added to the investor e-mail list to receive all future press releases and updates in real time.

This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that the Company expects are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and those actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, Investors should review the Company's registered filings what are available at www.sedar.com.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact:
Brian Gusko
UC Resources Ltd.
CFO
(604) 681-7265 or Toll Free: 1-800-366-8566 (Canada & USA)
(604) 608-6163 (FAX)
Website: www.ucresources.net
--------------------------------------------------------------------------------
Source: UC Resources Ltd.




Gruß,
Fantomas
Re: NEWS - Freewest Resources Announces Second Closing of $800,000 "Flow-Through" Private Placement With MineralFields
Posted by: bluespruce on October 31, 2007 03:18PM

I
n response to: NEWS - Freewest Resources A... by AGORACOM
this is how a pp should be done, at market with warrants at .40. This is a classy company. Glad to be associated. Unlike bmk with there low ball pp. Obviously these new pp partners like what they see!!!!


http://www.agoracom.com/ir/freewest/messages/614691#message



Freewest Discovers New Uranium Corridor on its Thor Property in Northwestern Ontario
Thursday November 1, 11:11 am ET

HIGHLIGHTS:


- New uranium corridor discovered by prospecting yields assays of up to 0.302% U3O8 (6.0 lbs/ton)
- 140 bedrock samples collected from the 1500 metre-long, 400 metre-wide corridor yield an average assay of 693 parts per million U3O8 (1.4 lbs/ton)


MONTREAL, QUEBEC--(Marketwire - Nov. 1, 2007) - Freewest Resources Canada Inc. (the "Company") (TSX VENTURE:FWR - News) is pleased to announce that a new significant uranium occurrence has been discovered by prospecting on its Thor property (the "Property"). The 100%-owned Property recently acquired by staking, consists of 7 mineral claims comprising 1,036 hectares and is located 55 kilometres north of the City of Kenora, in north-western Ontario. Travel time to the Property from Kenora is 50 minutes, utilizing a network of new wood harvesting roads that access it. Subsequently, mineral exploration activities can essentially be carried out, year-round.
ADVERTISEMENT


A preliminary prospecting program completed at Thor resulted in the discovery of uranium in a large east-west-trending mineralized corridor, currently traced over a minimum strike length of 1.5 kilometres and over a width of at least 400 metres. A total of 140 bedrock samples were collected from the corridor, yielding a maximum assay of 3,021 parts per million U3O8 (6.0 lbs/ton) and a minimum assay of 4 parts per million U3O8. Of the total samples collected, 31 of them (22%) yielded assays greater than 1,000 parts per million U3O8 (2.0 lbs/ton), while 79 of the 140 samples or 58% of them, assayed greater than 500 parts per million U3O8 (1.0lbs/ton). The average assay of the total sample population collected from the mineralized corridor is 693 parts per million U3O8 (1.4 lbs/ton).(1)

An initial examination of the corridor indicates that mineralization is hosted within an east-west-trending pegmatite dike complex traced over a minimum strike length of 2500 metres and over a width of 400 metres. The complex intrudes metasedimentary rocks locally containing graphite as well as pyrite and pyrrhotite. Mineralized zones are coarse-grained to very coarse-grained, biotitic and contain prominent yellowish staining likely to be autunite and/or carnotite. Uranium mineralization is closely associated with large digested rafts or inclusions of metasedimentary rocks. Mineralization is completely open-ended along strike and as far as known, has never been tested by diamond drilling.

The mineralized corridor is associated with an extensive east-west-trending airborne radiometric anomaly generated by a survey flown in the Thor property locale, by the Geological Survey of Canada in the early 1970's. Both equivalent uranium and equivalent uranium/equivalent thorium anomalies defined on widely spaced flight lines (5 kilometres), correlate well with the location of uranium mineralization. The radiometric anomalies span a much larger area than mineralization discovered to date, suggestive of a large potential area for uranium mineralization. Follow-up prospecting is currently underway to expand the target area in preparation for planned systematic grid-work, to help define controls on uranium mineralization.

Regionally, uranium mineralization at Thor and at other occurrences in the area are closely associated with a major terrane boundary that separates rocks of the Winnipeg River greenstone belt from metasedimentary and plutonic rocks of the English River gneiss belt. Uranium mineralization is hosted both within potassically altered pegmatitic dikes as well as palingenic granitoids, derived from partial melting of metasedimentary rocks.

Donald Hoy, P. Geo. (Ontario), Vice President of Exploration and a Director of Freewest Resources is the Qualified Person under National Instrument 43-101 on the Thor and Lizar properties. He is also responsible for the preparation of this news release.

Freewest is a well-funded junior mineral exploration company exploring for gold, base-metals and uranium in Eastern Canada. Corporate information can be accessed on the Internet at www.freewest.com. Freewest's shares are listed on the TSX Venture Exchange under the symbol FWR.

(1) Sample analyses for uranium was completed using the Delayed Neutron Count (DNC) method by Activation Laboratories Ltd. located in Ancaster, Ontario.

Investors are invited to visit the Freewest Hub at www.agoracom/IR/freewest where they can post questions and receive answers or review questions and answers already posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to FWR@agoracom.com where they can also request addition to the investor e-mail list to receive all future press releases and updates in real time.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release.



Contact:
Mackenzie I. Watson
Freewest Resources Canada Inc.
President and CEO
(514) 878-3551 or 1-888-878-3551
(514) 878-4427 (FAX)
Email: info@freewest.com
Website: www.freewest.com

http://biz.yahoo.com/ccn/071101/200711010422735001.html?.v=1

Gerüchte : Ausgliederung durch Spin-off

gruss mike



http://biz.yahoo.com/ccn/071101/200711010422709001.html?.v=1


Press Release Source: KWG Resources Inc.


KWG Resources Inc.: Closing of $3 Million Private Placements

Thursday November 1, 10:01 am ET

MONTREAL, CANADA--(Marketwire - Nov. 1, 2007) - KWG Resources Inc. (TSX VENTURE:KWG - News) reports that it has completed private placements of $1,500,000 of units at $0.065 each and $1,500,000 of flow-through units at $0.08 each (Anm.: aktueller Kurs: $0,13 !). Each unit is comprised of one share and one warrant entitling its holder to purchase an additional share from treasury at $0.10 at any time within 2 years. Each flow-through unit is comprised of one flow-through share and one-half share purchase warrant with each whole warrant entitling its holder to purchase an additional share from treasury at $0.12 at any time within 2 years. Northern Securities Inc., who acted as agent, was paid a cash commission of 7% and 4,182,692 broker warrants, exercisable at $0.065 each for two years, representing 10% of the number of units and flow-through units sold. The units issuable on the exercise of the broker warrants are comprised of one share and one warrant entitling its holder to purchase an additional share from treasury at $0.10 at any time within 2 years. All securities issued pursuant to the private placements have a hold period of four months ending March 1, 2008. Proceeds will be used to fund the upcoming exploration programs of the Company and for working capital.

Shares issued and outstanding: 202,277,248

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release



Contact:
Frank C. Smeenk
KWG Resources Inc.
President and CEO
416-642-3575
514-866-6193 (FAX)

Michel Cote
KWG Resources Inc.
Director
514-866-6001. Ext. 266
514-866-6193 (FAX)
www.kwgresources.com
--------------------------------------------------------------------------------
Source: KWG Resources Inc.



Gruß,
Fantomas



http://biz.yahoo.com/cnw/071102/temex_priv_placement.html?.v…


Press Release Source: Temex Resources Corp.

Temex announces closing of $5,000,000 non-brokered private placement

Friday November 2, 5:06 pm ET

TSX Venture Exchange: TME, Frankfurt Exchange: TQ1
TORONTO, Nov. 2 /CNW/ - Temex Resources Corp. ("the Company") announces the closing of a non-brokered private placement of units (the "Units") previously announced in the Company's news release dated October 25, 2007 (the "Offering"). The Company sold 7,142,856 Units under the Offering at a price of $0.70 (Anm.: aktueller Kurs: $0.70) per Unit, raising gross proceeds of approximately $5,000,000.
Each Unit is comprised of one common share in the capital of the Corporation (a "Common Share") and one-half of one Common Share purchase warrant, each whole warrant entitling the holder thereof to purchase one Common Share at a price of $1.00 until November 2, 2009.

The Company paid an aggregate finder's fee comprised of $90,000, 300,000 Units and 428,571 non-transferable warrants of the Corporation (the "Finder Warrants"). Each Finder Warrant entitles the holder to purchase one Common Share at a price of $0.70 until November 2, 2009.

The proceeds of the Offering will be used to continue the significant exploration underway on the Company's various mineral properties, including its extensive landholdings in the vicinity of Noront Resources' new Double Eagle Ni-Cu-PGE discovery.

The securities issued under the Offering are subject to a hold period expiring on March 3, 2008.

Temex is a Canadian exploration company, focused on advancing its gold, silver, nickel and diamond projects in northern Ontario.


On behalf of the Board of Directors,

"Ian Campbell"

Ian Campbell
President and CEO


This news release may contain forward-looking statements. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

(x)The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this news release(x)


For further information

please visit the Temex website www.temexcorp.com or contact Ian Campbell or Bruce Durham at (416) 862-2246
--------------------------------------------------------------------------------
Source: Temex Resources Corp.



Gruß,
Fantomas
OT area HR news, new UC Pres.
Posted by: Boatboy on November 06, 2007 03:15PM

UC Resources Anounces Jim Voisin as New President
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 6, 2007) - UC Resources Ltd. (TSX VENTURE:UC) ("UC" or "the Company") is pleased to announce that Mr. James Voisin has been appointed as President and joined the board of directors, effective immediately.



Mr. Voisin, age 50, has been very active in the mining industry for the past twenty years, including previous Board of Director experience, numerous investor relations assignments, and senior executive positions. He is the very recent past President of Cadillac Ventures Inc. and presently President of First Mexican Resources Inc. Previous to the mining industry experiences he served on the Board of Directors of OK Tire, a corporation with one billion dollars in sales, based in Langley, B.C.

Through Greenstone Consulting, Mr. Voisin has provided investor relations services to Spider Resources (SPQ) and Iberian Minerals (IZN) for many years, both of which are listed on the TSX Venture Exchange. The extensive experience gained as a result of assisting in the development and re-opening process associated with the Iberian Minerals Aguas Tenidas mine in Spain, which has an estimated budget in excess of $300 million dollars, plus the international exposure, should serve Jim well with UC.

Mr. Voisin has substantial knowledge of the James Bay Lowlands and more specifically of the McFaulds Lake area where the recent Noront Resources major nickel, copper and PGM discovery has occurred. Including being familiar and on a first name basis with all the key people associated with this emerging major new exploration mining camp, he has visited on numerous occasions the Spider Resources McFaulds camp which is owned and operated by Billiken Management. In addition, he has participated in visits and meetings with the Band leaders and Council of both the Webiquie and Martin Falls First Nations communities. This has provided Jim with extensive experience and knowledge of both the geology of the area as well as the geo-political environment of working in Ontario's north lands.

During Mr. Voisin's six year working relationship with Spider Resources he has become recognized in the area and has become quite familiar with the "Lay of the Land" while assisting in the development and advancement of Spider's significant VMS discoveries on the McFaulds Lake claims under the guidance and supervision of Mr. Neil Novak. These claims were optioned to UC Resources in the spring of 2007, giving UC Resources the binding right to earn up to 55% interest in the Spider/KWG joint venture property.

In his recent capacity as President of Cadillac Ventures there has been constant communication with Mr. Richard Nemis, President of Noront Resources, the joint venture partner on their jointly held Burnt Hill tungsten/molybdenum deposit in New Brunswick. This strong mutual respect and working relationship has developed over many years of working together even prior to the present joint-venture. Experience in JV relationships will greatly assist Mr. Voisin in his duties with UC. Mr. Nemis states: "Jim is a grounded exploration enthusiast with a willingness and drive to get the job done; we welcome his leadership and expertise as this McFauld's area play continues to evolve."

Mr. Voisin is no stranger to Mexico which is a significant area of operation and interest to UC. As President of First Mexican Resources (TSX application underway) he has experienced the challenges of dealing with the Mexican culture as well as the infrastructure realities that exploration in the region can bring.

As President of Billiken Management and a Director of First Mexican Resources, Mr. Brian Newton says, "If it needs to be done, Jim will get it done in a timely and efficient manner." Mr. Voisin has a longstanding relationship with Billiken Management, which is presently providing management services to the ongoing drill program for Noront Resources in the McFaulds Lake area, managed the recently completed drill program for UC Resources/Spider/KWG in the McFaulds Lake area, and provided management services on the recent UC drill program at Copalquin, Mexico.

On behalf of the board of directors,

Brian Gusko, CFO

http://agoracom.com/ir/Noront/messages/622200#message
http://biz.yahoo.com/cnw/071106/tsx_v_halt.html?.v=7


Market Regulation Services - Trading Halt - Baltic Resources Inc. - BLR

Tuesday November 6, 3:26 pm ET


VANCOUVER, Nov. 6 /CNW/ - The following issues have been halted by Market Regulation Services (RS):

Issuer Name: Baltic Resources Inc.
TSX-V Ticker Symbol: BLR
Time of Halt: 15:06 EST
Reason for Halt: Pending News

For further information

Market Regulation Services Inc., (416) 646-7299
http://biz.yahoo.com/ccn/071105/200711050423557001.html?.v=1


Press Release Source: Noront Resources Ltd.


Noront Resources Ltd.: Further Deep Gold Mineralization Encountered at Depth on Windfall Lake Property

Monday November 5, 6:31 pm ET
http://biz.yahoo.com/ccn/071106/200711060423632001.html?.v=1


Press Release Source: Noront Resources Ltd.

Noront Provides Project Update

Tuesday November 6, 9:00 am ET

DOUBLE EAGLE (Cu,Ni,PGE) PROJECT, JAMES BAY LOWLANDS, ONTARIO
http://biz.yahoo.com/ccn/071106/200711060423674001.html?.v=1


Press Release Source: Probe Mines Limited

Probe Mines Announces Closing of $3,500,000 Non-Brokered Private Placement

Tuesday November 6, 10:30 am ET
Und am Beispiel von Northern Shield möchte ich mal eindrucksvoll die Situation der Area Plays darstellen !

Hier ist mittlerweile bei A L L E N Area Plays soviel Phantasie mit im Spiel, schaut Euch nur die Kursentwicklungen seit Ende August an, denn die Bewertungen beruhen nur auf purer Spekulation, daß man einen ähnlichen Fund wie Noront macht.

FAKT ist: kein einziges Unternehmen konnte bisher einen zusammenhängenden Erzkörper durch mehrere positive Drillergebnisse bestätigen (s.a. Threadanfang). Ganz zu schweigen von den Gehalten, die Noront mit jedem Hit präsentiert.

NORONT IST MOMENTAN DIE EINZIGE SICHERE INVESTITION IN JAMES BAY (vor allem nach den heutigen, wieder sehr positiven Ergebnissen).


Aber nun kurz zum Beispiel NRN :

sehr schöne Kursentwicklung in den letzten Woche, die alleine von möglichen positiven Drill-Ergebnissen getrieben wurde.

Dann heute die Meldung:

http://biz.yahoo.com/cnw/071106/e_northernshield_high.html?.…


Press Release Source: Northern Shield Resources Inc.

Northern Shield Resources Intersects Critical Zone and Platinum-bearing Zone

Tuesday November 6, 10:36 am ET


Hier sind die zwei Drill-Ergebnisse:

-------------------------------------------------------------------------
Drill hole From To Inter- Pt Pd Pt+Pd Cu Ni
val (m) (ppm) (ppm) (ppm) (ppm) (ppm)
-------------------------------------------------------------------------
07HB-05 336.08 336.42 0.34 0.229 0.299 0.528 1155 553
-------------------------------------------------------------------------
07HB-01 653.74 654.83 1.09 0.124 0.02 0.144 12 158
-------------------------------------------------------------------------



Erstens reden wir hier über Tiefen von 330 m und 650 m ( ! ) und zweitens über MINI-INTERVALLE (0,34 m und 1,09 m) und drittens über noch geringere Gehalte (0,23 g/t Platin, 0,30 g/t Palladium, 0,12% Cu, 0,06% Ni).


Nur mal so zum Vergleich ein Drill-Ergebnis von Noront von heute (und das ist nur eins von bisher 12 Bohrlöchern):


BOHRLOCH: NOT-07-11

-> KÜRZESTES INTERVALL: 1,3 m (mehr als NRN) !

Cu: 4,43 % (!)
Ni: 7,37 % (!)
Pt: 1,08 g/t (!)
Pd: 18,1 g/t (!)


Und um Euch mit dem Vergleich gänzlich die Augen zu öffnen:


BOHRLOCH: NOT-07-12

-> LÄNGSTES INTERVALL: 94,5 m (!!!!, vgl. NRN)

Cu: 0,62 %
Ni: 1,38 %
Pt: 0,74 g/t
Pd: 2,63 g/t

Und ganz nebenbei werden auf diesen Längen auch noch nicht unerhebliche Mengen Gold und Silber gefunden.


Die NRN News führten dann zum Absturz (- 37,74%)!



NORTHERN SHIELD RESOURCES INC. (CDNX:NRN.V)

Last Trade: 0.66
Trade Time: 3:59PM ET
Change: 0.40 (37.74%)
Prev Close: 1.06
Open: 1.08
Bid: 0.66
Ask: 0.69
Day's Range: 0.56 - 1.13
52wk Range: 0.26 - 1.22
Volume: 2,802,915
Avg Vol (3m): 194,259




Ich glaube, dieser Vergleich zeigt mehr als deutlich die "Zweiklassen-Gesellschaft" in James Bay !
Vor allem, wenn man bedenkt, daß die heutigen Noront-Ergebnisse noch weit entfernt von den bisherigen TOP-Funden sind !


(Anm.:Hinsichtlich der Noront-Ergebnisse habe ich die letzten Wochen sehr viel recherchiert und werde meine Erkenntnisse in Kürze in meinem Hauptthread präsentieren, ist wirklich interessant).

FAZIT:

Area Plays haben (noch) NICHTS vorzuweisen in James Bay und sind reine Spekulation :

Viel Spaß bei der Lotterie !


Gruß,


Temex intersects gold mineralization in several holes on Juby North Property
Wednesday November 7, 7:00 am ET


TSX Venture Exchange: TME, Frankfurt Exchange: TQ1
TORONTO, Nov. 7 /CNW/ - Temex Resources Corp. (TSX Venture Exchange:TME, Frankfurt:TQ1) ("Temex" or "the Company") reports results from a recently completed 7-hole 1205 metre drill campaign carried out on the Juby North Gold Property located 20 kilometres west of Gowganda, Ontario. The drill program followed up on the previous program which discovered several new gold zones, and represents the initial phase of a $250,000 approved exploration program that includes geophysics and two phases of drilling. The Property comprises 5,360 acres and is subject to the terms of a 60:40 Joint Venture agreement between Temex and Goldeye Explorations Limited ("Goldeye").

Highlights
- New gold zone discovered yielding 15.0 g/t gold over 2.15 metres
- New gold zones wide open along strike and defined by a 650-metre
long untested geophysical anomaly
- 6.76 metres grading 3.31 g/t gold including 2.52 metres grading
7.46 g/t gold within the main Tyrrell Structural Zone
- Phase 2 drill program being planned

Drill hole JU 07-89 was drilled 50 metres to the west of previous drill hole JU 04-64 which targeted an induced polarization ("IP") geophysical anomaly and discovered a new gold zone. In previous drill hole JU 04-64, higher grade intercepts of 3.24 g/t gold over 2.24 metres (including 5.85 g/t gold over 1.11 metres) and 5.18 g/t over 1.71 metres were intersected within a broader auriferous zone that averaged 0.89 g/t gold over 29.85 metres. Hole JU 07-89 intersected multiple gold zones including a new gold zone which assayed 15.0 g/t gold over 2.15 metres. Further downhole, two zones of gold mineralization, representing the extension of gold zones in hole JU 04-64, were intersected. The first intersection assayed 3.41 g/t gold over 2.94 metres while the second broad zone of gold mineralization assayed 1.22 g/t gold over 10.06 metres. In addition, a fourth gold zone yielded 5.33 metres grading 2.33 g/t gold, including 1.50 metres grading 4.53 g/t gold. The gold mineralization occurs within intensely altered siltstones and feldspar porphyries within a sequence of mafic volcanic rocks and is associated with up to 10% disseminated pyrite and minor chalcopyrite. This zone is open in all directions and is associated with a 650-metre long induced polarization ("IP") chargeability anomaly with a coincident gold in soil geochemical anomaly.
Commented Ian Campbell, President and CEO, "We are very pleased with the results of this drill program, particularly the gold intersections in hole 89 which illustrates the potential for new gold discoveries. The results continue to expand the area of widespread gold mineralization in an area of the property that has received very little drilling to date, where our technical team recognized excellent potential for new discoveries. We are looking forward to the next drill program."

Among the other drill holes completed during this campaign, two holes tested the depth and strike extension of the gold mineralization intersected in previous hole JU 04-57 which intersected 4.77 g/t gold over 4.91 metres within a broader gold bearing zone which yielded 1.19 g/t gold over a core length of 29.53 metres. Hole JU 07-92 intersected 5.55 g/t gold over 4.62 metres, including 3.23 g/t gold over 9.37 metres, 30 metres vertically below the intersection in hole JU 04-57. This intersection occurred within a broader gold halo grading 1.67 g/t gold over 32.67 metres. Hole JU 07-93, drilled 50 metres to the west of JU 07-92, intersected two gold zones with the upper zone yielding 1.16 g/t gold over 21.20 metres. The lower zone yielded 3.31 g/t gold over 6.76 metres, including 7.46 g/t gold over 2.52 metres. This gold zone is on the Tyrrell Structural Zone ("TSZ") which hosts the Juby Main Zone and is 400 metres to the west of where Inmet Mining Corp. previously intersected 234 g/t gold over a core length of 1.5 metres. Further to the west along the TSZ, Goldeye has reported a number of gold intersections including 9.4 metres grading 7.24 g/t gold and 2.05 metres grading 217.52 g/t gold.

The current drill campaign was focused approximately 2 kilometres to the northwest of the Juby Main Zone, which contains a significant NI 43-101 gold resource on Temex's 100% owned Juby Lease Property (Temex NR February 16, 2005; www.sedar.com). The gold resource at the Juby Lease Property includes a total drill indicated resource of 479,000 ounces of gold grading 1.73 g/t gold at a cut-off grade of 1.0 g/t gold, including a core of 315,000 ounces of gold at 2.20 g/t gold, and a total inferred resource of 120,000 ounces of gold grading 2.03 g/t gold at a cut-off grade of 1.5 g/t gold. This resource is contained from surface to a vertical depth of 400 metres and is unexplored at depth.

Highlights of the drill results are included in the table following this news release. A map illustrating the drill highlights will be posted on the Company website at www.temexcorp.com. Ian Campbell, P.Geo., is the designated Qualified Person responsible for the preparation of this news release.

Temex is a well-funded Canadian exploration company focused on advancing its precious metal, diamond, nickel and uranium projects in Manitoba and Ontario.


On behalf of the Board of Directors,

"Ian Campbell"

Ian Campbell
President and CEO

<<
(x) The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this news release(x)



Juby North Joint Venture Drill Result Highlights

Hole From(m) To(m) Width Gold(g/t)
------------------------------------------------------------------------
JU 07-87 10.85 13.60 2.75 1.40
195.92 200.39 4.47 1.72
including 197.30 198.85 1.55 3.05
230.79 232.30 1.51 2.82
------------------------------------------------------------------------
JU 07-88 No significant values
------------------------------------------------------------------------
JU 07-89 41.97 47.30 5.33 2.33
including 42.70 44.20 1.50 4.53
133.50 135.65 2.15 15.00
including 134.33 135.27 0.94 33.74
180.35 183.29 2.94 3.41
216.25 226.31 10.06 1.22
------------------------------------------------------------------------
JU 07-90 102.70 104.00 1.30 1.24
119.60 120.90 1.30 1.10
------------------------------------------------------------------------
JU 07-91 44.35 46.00 1.65 1.16
53.00 56.00 3.00 1.03
including 54.40 54.60 0.20 7.41
------------------------------------------------------------------------
JU 07-92 87.63 120.30 32.67 1.67
including 87.63 97.00 9.37 3.23
including 87.63 92.25 4.62 5.55
including 88.40 92.25 3.85 5.77
105.00 108.00 3.00 3.37
including 107.00 108.00 1.00 8.23
------------------------------------------------------------------------
JU 07-93 57.60 78.80 21.20 1.16
including 63.00 63.60 0.60 4.11
and 76.30 78.80 2.50 2.53
97.24 104.00 6.76 3.31
including 97.24 99.76 2.52 7.46
>>


The drill core was sampled using a diamond saw to cut the core in half with one half returned to the core tray and the other half put into the sample bag. The samples were transported by Temex personnel to Swastika Laboratories in Swastika, Ontario. Gold analyses were performed using standard fire assay techniques. Quality control/quality assurance standard and blank samples were inserted into the sample stream. No appreciable discrepancies were observed in the results from these samples.


For further information

Ian Campbell, or Bruce Durham, at (416) 862-2246
Antwort auf Beitrag Nr.: 32.318.298 von Fantomas96 am 07.11.07 00:01:12Hallo Fantomas,

ich glaube, mit Deiner Meinung, dass die Ergebnisse von Northern Shield schlecht seien, liegst Du möglicherweise nicht ganz richtig. Vielleicht konsultierst Du mal die Powerpoint-Präsentation auf der Webseite von NRN, die sich allein mit der Interpretation der Drillergebnisse von Highbank Lake beschäftigt, die m. E. alles andere als schlecht sind. Offenbar gelten bei der Platinsuche – bedingt durch den Entstehungsprozses - andere geologische Modelle als z. B. bei Silber oder Kupfer.

NRN orientiert sich bei der Interpretation an der Struktur eines der größten Platinvorkommen der Welt, dem Bushveld-Komplex. Bestimmte Werte gehen mit größerer Tiefe im Gehalt zurück, um dann aber schlagartig an einem cross-over-level anzusteigen:

"The diagram shows PGE depletion trends (Cu/Pt+Pd) for the Bushveld Complex and the Highbank Lake Intrusion. Geologist use Cu/(Pt+Pd) as a gauge to measure depletion because Pt and Pd are scavenged much more efficiently than Cu by any sulphide droplets in the magma. Note how the upper portion of the Bushveld Complex is depleted in PGEs, i.e., it has less PGEs than the mantle from which the magma was sourced. The Merensky and UG-2 PGE- reefs occur very near this cross-over level. A very similar trend is exhibited in the data from Highbank Lake where the depletion ratio gradu-ally decreases down through the sequence and then rapidly becomes enriched at the very bottom of drill-hole 07HB-01. This suggests that much more significant PGE mineralization may be within a few tens of meters from the bottom of this drill-hole" (Folie 3).

"The overall PGE values also give an indication of the proximity to the main PGE reefs. PGE concentrations in the Main Zone of the Bushveld (grey area) are typically around 10-30 ppb and rarely exceed 100 ppb until the Critical Zone is reached just above the Merensky reef. The Highbank data shows PGE values over 30 ppb becoming much more common in the lower portion of drill-hole 07HB-01 and values greater than 100 ppb are only seen in 07HB-01 and 05" (Folie 5).

Und genau an diesen Stellen soll auch weitergebohrt werden.

"Chrome/vanadium ratios are useful in determining how primitive the rock layers are. Generally, Cr becomes more abundant lower in the stratigraphy (more ultramafic) while V decreases. Cr/V ratios are also useful in highlighting stratigraphic levels at which magma replenishment has occurred. Bushveld Cr/V ratios are relatively constant, near 1 for much of the Main Zone but start to rise rapidly a few hundred meters above the Critical Zone. The data from Highbank Lake shows a similar trend with Cr/V ratios of 1 or less for much of the Main Zone that increases noticeably at the bottom of the Main Zone, as exhibited in drill-hole 07HB-01. The last three samples taken from the bottom of this drill hole be-fore it ended in a silicified fault zone display the most primitive Cr/V ratios (8-9) seen in drill core from Highbank Lake so far" (Folie 6).

Und als Fazit (Folie 7): "The geochemical trends and the rock types identified in the drill core to date suggest that the bottom of drill-hole 07HB-01 is teasingly close to the stratigraphic level where the main PGE-bearing reef should be located. Hole 07HB-05 was drilled in an attempt to intersect the stratigraphy below 07HB-01. However, the geochemical trends show that this hole is not a direct continuation of 07HB-01 (see Cr/V) and the stratigraphy may also be overturned (see Cu/Pt+Pd). Displacement along a fault located between 07HB-01 and 05 is likely the cause of this disruption in the stratigraphic sequence. Future drilling will focus along strike from 07HB-01 and 05 where the stratigraphic sequence intersected at the bottom of 07HB-01 and those directly below come to surface and are not disrupted by the fault."

Interessant – "teasingly close to the stratigraphic level where the main PGE-bearing reef should be located" – bislang scheint es also eine Übereinstimmung mit der Struktur des Bushveld-Komplexes zu geben, insofern sind die Ergebnisse auch gut, aber endgültig werden wir's erst nach den nächsten Bohrungen durch das cross-over-level wissen. Es darf spekuliert werden. Und ein big player wie Impala investiert immerhin einiges in das Projekt über die Earn-In-Option……

Im Rahmen von McFaulds Lake ist NRN einfach eine andere Baustelle, was nicht ausschliesst, dass sie auf Grund ihres riesigen Bereiches nicht auch was anderes als Platin finden könnten, wenn sie danach suchen würden.

Kann leider nicht viel posten – keine Zeit – aber eine Hinweis war's mir wert. Ich werde NRN jedenfalls im Auge behalten.

Gruss

mdv

PS: Änliches gilt auch für UC Resources. Sie sind für mich kein gepushter Wert, sondern lagen vor längerer Zeit allein aufgrund ihrer Mexiko-Projeke über dem heutigen Kurs (1500 gkm – kilometer! – macht UC zu einem der größten player in traditionellem Silberanbaugebiet, die müssen nur mal anständig bohren). McFaulds Lake ist nur dazugekommen und stellte für mich so eine Art Sahnetupfer oben drauf dar. Dass mehr dahinter sein könnte, habe ich natürlich inzwischen festgestellt. Und mit ihrer Earn-In-Option auf 55% bei Spider-KWG gehören sie da schon zu den Schwergewichten. Immerhin von Kaiser bottomfish als am stärksten unterbewertet angsehen – zumal einige Bohrergebnisse vorliegen, was man bei MacDonald und anderen nicht so sagen kann. Die Verschiebung der Finanzberichterstattung hängt auch mit dem Austausch des CEO zusammen und teils mit der Langsamkeit der Wirtschaftsprüfer. Keine große Sache m. E. Mit J. Voisin dürfte sich einiges ändern....
Antwort auf Beitrag Nr.: 32.328.966 von manieredevoir am 07.11.07 18:05:10Hallo manieredevoir,

danke für Deine Anmerkungen.

Da das hier ein Faktenthread ist, möchte ich nur kurz Stellung nehmen:


Hallo Fantomas,

ich glaube, mit Deiner Meinung, dass die Ergebnisse von Northern Shield schlecht seien, liegst Du möglicherweise nicht ganz richtig.



Da möchte ich Dir aber energisch widersprechen, die Ergebnisse sind schlecht (selbst NRN schreibt "not economical to mine")!
Und nur, weil NRN mehr vermutet (mit Refenrenz zu Bushveld), müssen sie diese Vermutung durch Drill-Ergebnisse erst bestätigen.
Solange ist für mich der Wert "überbewertet" gewesen, was anscheinend der Markt auch so gesehen hat.
Ob die MarketCap jetzt gerechtfertigt ist, muß jeder selbst entscheiden.



Zu UC:

PS: Änliches gilt auch für UC Resources. Sie sind für mich kein gepushter Wert, sondern lagen vor längerer Zeit allein aufgrund ihrer Mexiko-Projeke über dem heutigen Kurs (1500 gkm – kilometer! – macht UC zu einem der größten player in traditionellem Silberanbaugebiet, die müssen nur mal anständig bohren).


1. Ich halte UC schon über 1 Jahr (wegen Silber) und habe seit James Bay-JV noch nachgekauft.

2. Ich habe nicht geschrieben das UC gepusht ist, ich habe lediglich gesagt, das bei allen Area Plays mittlerweile sehr viel Phantasie mit im Spiel ist, weil keiner (für die aktuelle MarketCap) bisher brauchbare Drill-Ergebnisse als Bestätigung vorweisen kann.

3. Du sagst: "Die müssen mal anständig bohren".
Genau hier liegt mein Hauptärgernis mit UC: Sehr unzuverlässiges Management mit völlig falschen Prioritäten und schlechter Organisation (im Gegensatz zu Noront)!
Mal ein paar Beispiele aus der letzten Zeit:
Immer wieder Entschuldigungen für Drill-Unterbrechungen (Equipment-Probleme, Logistik-Probleme, wollten Transportflugzeug für Drills kaufen (nicht passiert), Aquisitionen intransparent, Drill-Ergebnisse intransparent und der Hammer: verspätetes Filing der Ergebnisse und daher Trading Stop durch TSX-Venture gestern.
Aber der Ober-Hammer: genau das ist letztes Jahr auch schon passiert !
Das ist Unprofessionalismus pur, ich bin als Anleger mehr als beunruhigt.
Dafür gibt es auch keine Entschuldigung und das kann man auch nicht schönreden ! KATASTROPHE !

Die Properties in Mexiko und das James Bay-JV sind sehr gut, aber was nützt das mit einem miserablen Management !

Damit sind wir wieder bei einem Investitionsgrundsatz:

sucht günstige Firmen mit gutem, vertrauenswürdigem Management, die gute Liegenschaften und einen guten "balance sheet" haben (Value Ansatz) !

Gruß,
Fantomas
http://biz.yahoo.com/cnw/071107/e_northshield_jamesba.html?.…


Northern Shield Resources Identifies and Stakes Vast Layered Intrusion Target in James Bay Lowlands

Wednesday November 7, 12:29 pm ET



Gruß,
Fantomas
http://biz.yahoo.com/ccn/071107/200711070424137001.html?.v=2


CORRECTION FROM SOURCE: Noront Renegotiates Property Interests in Mexico

Wednesday November 7, 5:14 pm ET



Gruß,
Fantomas
http://biz.yahoo.com/ccn/071109/200711090424554001.html?.v=1


Fancamp Exploration Ltd. Announces Implementation of Shareholders Rights Plan

Friday November 9, 8:00 am ET



Gruß,
Fantomas
Und ein bißchen was für die geologisch (englisch sprechenden) Interessierten:


http://www.northernminer.com/ETD/2007/pdfs/Airbornesurvey.pd…


AIRBORNE GEOPHYSICAL SURVEYING

(kurz: wie finde ich schneller und besser Bodenschätze)


Gruß,
Fantomas
Und noch mehr für das Allgemeinwissen bzgl. Minengesellschaften (jsq-copyright) :


http://www.agoracom.com/ir/Noront/messages/608318


in situ value, why noront is worth more then most think, #1 of 5

Posted by: jsq on October 26, 2007 11:22AM


hello friends,

this is to help some of our friends understand why noront's share price has been going up and still has more room to grow imo, much more room to grow possibly, as you will see in parts #2 - #5 of this dialog.

when reading mining info you often see the term in situ, it is latin and means "in place"

from the posts i read and even the press comments, many still do not fully realize what noronts press releases mean. i have been investing in the market for over 30 years, much of it specializing in mining firms. so here is my take, which may assist some of our friends.

several key factors go into valuing a mine. a typical rule of thumb is that the in situ value of the minerals in the ground is worth 10% in terms of shareholder market cap. this is based on historical experience in the mining community of what it costs to get it out of the ground and converted to shareholder wealth.

noront is much different from a "typical" valuation model and we will discuss why.

lets look at 5 key factors:


1. grade of ore
2. type of ore
3. quantity of ore (or tonage)
4. where the ore is located geographically
5. where the ore is located on the site


1. grade of ore, noront has exceptional grade at the double eagle so far. i cannot emphasize enough how major this is. nice distances of over $700 a ton ore value, nice distances of over $1,000 a ton ore value and etc and also much higher $ per ton for nice distances. this is extremely valuable information which the drill results have shared with us.

many profitable mines process ore that is worth only $50 to $200 a ton. in other words most mines have to move a lot of dirt. this of course costs a lot of money in the form of trucks, humans, mill capacity, energy, infrastructure, cost of capital, etc.

are you aware that there is gold in your backyard?
are you aware that there is millions and millions of ounces of gold in seawater?

just because you know where it is does not mean it is valuable. the amount of gold in your backyard is miniscule in most cases. it will cost a lot more to retrieve the microscopic amounts then you can sell it for after you retrieve it. the same with gold in sea water, many millions of ounces in miniscule amounts. it costs more to retrieve then you get for the found metal. that is why nobody digs up your back yard. it is not worth the effort.

well that same analogy goes for most mine sites, their costs are to high to retrieve the metal so they close down after a short while, or never open to begin with. as mentioned before, most mines dig out only $50 - $200 worth of metal per ton of ore. coal mines can make a great business by digging coal out of the ground which they sell for $40 a ton. if it costs them only $30 a ton, which is what some of the better coal mines experience, they get rich with enough volume. what makes the $1000 a ton ore, (this is what noront has so far found some quantity of) so much more valuable is the economies of scale it allows for.

think about the following:


mine A = typical,

a profitable mine firm A:
$100 a ton realized ore value
the cost to move 1 ton is the result of the mines geology, and cost of capital, and humans needed to move the dirt, etc. if you are firm B (hopefully noront) with lots of $1,000 realized ore value and your costs are the same to move a ton dirt and all other things being equal, noront makes much larger profits and profits per ton because they do not have to move anywhere near as many tons to get back their capital expenditures.

this is extremely important to understand. we have all seen the cost of buying a house with a mortgage example. if you buy a house for $100,000 and you make payments over the life of a 30 year mortgage you pay about $300,000 for that house!. $100,000 for the principle and $200,000 for the interest. the bank makes twice as much as the guy who built the house who had to buy lumber, labor, land, etc.!

that should help you understand the time value of money and how it massively impacts a mines value.

if you have a mill set up that can process 1,000 tons of ore a day and you are using feedstock that generates $100 output value how much profit can you make, obviously less then $100 for each ton after the cost of moving the ore from the ground thru the mill. there are some very specific limits to what your mill size will be. your engineering team will have to optimize the mill size to the size of the ore body, its mine life, grade, etc.

the more profit we can realize per ton, and at $1,000 a ton, that profit is exceptional on noront ore, the quicker we pay the banksters back and get them off our back. in many mines the interest on the loans is one of, if not, the single largest expense over the life of the mine. so it is imperative to get out of debt quickly.

look at a simplified example.

two mines, both with identical total costs to extract ore and process, not including interest expense, which is $50 per ton.

mine A: ore sells for $100 a ton
mine B: (noront we hope) sells ore for $1,000 a ton.

mine A:
1,000 tons a day x $100 per ton = $100,000 revenue minus
$50 cost per ton, or $50,000 cost leaving $50,000 to pay for principle and interest.

mine B: (hopefully noront):
1,000 tons a day x $1,000 per ton = $1,000,000 revenue minus
$50 cost per ton, or $50,000 cost leaving $950,000 to pay for principle and interest.

now you see the massive leverage a high grade mine can generate. you now understand how much quicker mine B can pay off its banksters.

remember, for many mines interest expense is one of the single largest expenses over the life of a mine!

this is a rough and dirty example to give you "perspective".

i am out of time but will try to get #2 thru #5 posted in the next few days. the info from #2 - #5 will continue to open many eyes, there are a few surprises. when you are done with all 5 i think you will see noront in a different light. i think you will see some of what i see, and what some major investors see, (that is why the share price has continued upward without news).

be right and sit tight,

regards,

jsq
Teil 2 & 3 von 5 (copyright jsq) :


http://www.agoracom.com/ir/Noront/messages/626399#message



in situ value, why noront is worth more then most think, #2 and #3 of 5

Posted by: jsq on November 08, 2007 09:35PM


hello friends,

last week we covered why a typical rule of thumb is that the in situ value of the minerals in the ground is worth 10% in terms of shareholder market cap. this is based on historical experience in the mining community of what it costs to get it out of the ground and converted to shareholder wealth.

in my view noront IS MUCH DIFFERENT from a "typical" valuation model. and as such obviously worth more than the 10% often accorded average mining firms. this was noted and explained in #1 covering grade of ore, we will continue to discuss why in:

2. type of ore
3. quantity of ore (or tonnage)

(if you have not already had a chance to read #1 "grade of ore" you can still do so by clicking on the photo of errol, above left, that will take you to my list of prior posts, go down to october 26, click and read. it has 45 thumbs up so far, so some readers have found it informative.)

a further note, after you have read #1 of 5, to further validate in your mind that most mines are nothing more then a financing activity for the benefit of the banking industry ie "typical mines" go look at how many 10 and 20 year old mines are still encumbered with debt. most mines are nothing but sheep, kept alive to be sheared. in the mining industry, sheared by the banks. that is why grade of ore, and the other factors we discuss are so useful to understand what sets noront apart IF IT CAN CONTINUE TO FIND ORE LIKE THEY HAVE SO FAR.

#2 type of ore

there are two major types of ore encountered when nickel is located, sulphide (think voisey's bay and norilsk finds) and laterite (think goro in new caledonia or ravensthorpe in western australia). both sulphide and laterite have various subcategories.

noront has found sulphide ore. sulphide ore is well understood when it comes to refining. when compared to laterite ores sulphide ore is much cheaper to extract. that is important. first find the ore, then hope you found the easiest to extract type of ore. noront has found the easier of the two, BY FAR, THE EASIER OF THE TWO.

laterite (about 70% of the nickel found is laterite) is a pain to extract financially because it requires a lot of energy (yes, i am aware they are still trying to do high pressure acid leaching, time will tell if this is cost effective. the 1990's trials resulted in prematuture equipment failures so cheap laterite extraction is still a ways away, if ever.) , some firms walk away from nickel concentrations in laterite which if it had been magmatic sulphide, they would have built a mine.

noront has the cheaper of the two major types of nickel ore to extract. thats all you need to know about "type of ore"

#3 quantity of ore (tonnage)

this ties closely to post #1 grade of ore. in simple terms, you need a certain quantity or tonnage of ore in order to build a mine. HERE IS A KEY FACT, it does not matter if it is all your ore OR YOUR NEIGHBORS. if the ore is in the neighborhood a mine will be built and you will realize the value of your firms ore. obviously it is better if you have only one stock in an area play to have all of the ore located on your land. however, if noront or a neighbor finds more ore it adds geometric value to the entire area play IN THE EARLY STAGES as it validates the idea that the area is a mining district. my personal belief is based on the fact that most nickel finds are located in several distinct areas, not usually in 1 well defined pod if you will, but many distinct pods. noront may have many distinct pods if we are lucky. only the drilling will tell for sure.

anyone (including noront) in the area finding another high grade pod will greatly increase the value of noronts double eagle find. THIS IS CRITICAL TO UNDERSTAND. this will really give noront and the other firms a chance to realize FULL VALUE of their potential before they are picked off by a takeover in the early stages of discovery, before the full value is realized. that to me is the greatest risk right now, being picked off to early.

does noront have the tonnage now at double eagle to build a mine today. not quite, but they are close in my view. all it will take is an extension of double eagle or the discovery of one other high grade pod in the area, by noront or a neighbor, and i think it will be a done deal. that is my opinion. what are the chances of more ore found in the area? i know which way i am betting.

4. where the ore is located geographically
5. where the ore is located on the site

will follow in a week or so.

don't believe what i or anyone writes, do your own due dilegence, verify your facts to see what i and many others think we see.

be right and sit tight.

regards,

jsq
Fully Diluted Numbers for the "BIG 9"


Here are my final tallies extrapolated off of SEDAR of whom I consider the 9 biggest area players. There may be others but I have neither the time nor the interest to do them at this point. Take these numbers for what you want. This is just information for all to use to base decisions on. Multiply these numbers by the current prices to get an idea of fully diluted market caps.

In descending order:

Spider Resources: 369,665,589

KWG Resources: 357,505,618

Freewest Resources: 193,436,966

MacDonald Mines: 171,705,904

Noront Resources: 124,024,482

UC Resources: 121,123,294

Temex Resources: 83,056,428

Probe Mines: 34,815,473

Fancamp Exploration: 29,085,981

Enjoy!


http://agoracom.com/ir/Noront/messages/628603#message
MacDonald Mines Commences Diamond Drilling of McNugget Nickel Property; Senior Management Team Presents to First Nations Community of Webequie
McNugget Property Update

TORONTO, ONTARIO--(Marketwire - Nov. 13, 2007) - MacDonald Mines (TSX VENTURE:BMK) is pleased to announce the commencement of a diamond drill program on its McNugget Nickel-VMS property in the James Bay Lowlands of Northern Ontario.

The McNuggett Property consists of 74 claim blocks, covering an area of approximately 13,000 hectares. It is located in the Webequie Region, which is approximately 300 kilometers west of James Bay.

The current drill program will consist of 10-15 holes totaling approximately 2,000 meters and will focus initially on at least 7 of the identified targets on the McNugget property (visit http://www.macdonaldmines.com for additional details).

Previous airborne surveys by other parties on the newly acquired MacDonald/Temex ground, in the vicinity of the Noront nickel discovery area, displays similar signatures to the newly found Noront nickel deposit. Ground geophysical work and subsequent diamond drilling is scheduled to take place in this area prior to Christmas.

Drilling is being conducted by Cartwright Drilling, who has carried out all previous drilling for the Company in the James Bay Lowlands. Bill Nielsen, P. Geo., Director, is overseeing the overall exploration program on behalf of MacDonald Mines and its joint venture partners, Temex Resources Corp. and Baltic Resources Inc.

Field exploration is being managed by Randy Salo, P. Geo. in consultation with Bruce Durham, P. Geo. of Temex Resources Corp. and Hadyn Butler, P. Geo., a Director of the Company.

Previous MacDonald 2007 Exploration Results Including Intersection of Nickel Mineralization

Nickel sulphide discoveries on the McNugget Property (see press release of June 14, 2007) include Hole MN-07-39, which intersected 4.5m grading 0.36%Ni and a further 22.5 meters down the hole an intersection of 27.0 meters averaging 0.26%Ni.); and Hole MN-07-40, which intersected at 3.0 meters averaging 0.17%Ni and 0.23%Cu.

MacDonald Mines Senior Management Team Holds Town Hall Meeting with First Nations Community of Webequie

With over 300 band members in attendance, the Senior Management Team conducted an extensive communications briefing followed by a question and answer session with the First Nations Community of Webequie on November 8, 2007.

MacDonald Mines and the First Nations Community continue to have a uniquely positive business partnership that is underpinned by the Company's business philosophy - Respect for the Community, Investment in the Community and Environmental Responsibility.

The Company continues to operate its base camp out of Webequie, which is a 15 minute flight from the McNugget Property. This is now the seventh program the Company has conducted using the community of Webequie as a base camp. The Community provides both infrastructure and personnel to support the exploration programs. Once again, we would like to take this opportunity to thank Chief Scott Jacob and the Band Community for their continued support and assistance.

Administration

The Board of Directors of the Company granted 550,000 stock options on November 13, 2007 to directors, officers and consultants of the Company under the terms of the incentive stock option plan of the Company filed with the TSX Venture Exchange and approved by shareholders at the last annual general meeting of shareholders of the Company held on June 12, 2007. The options are exercisable at a price of $0.92 per share for a period of four years and are subject to a four month hold period from the date of the issuance thereof.

Bill Nielsen, P.Geo., Director, is the designated qualified person for the technical information contained in this press release.

WARNING: The statements made in this news release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from expectations and projections set out herein.


The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.
Freewest Updates Exploration Activities on its McFaulds Property, Northern Ontario

Posted by: AGORACOM on November 15, 2007 11:53AM

Montreal, Quebec, Canada, November 15, 2007 – Mackenzie I. Watson, President and CEO of Freewest Resources Canada Inc. (FWR:TSX-V) (the “Company”) is pleased to provide an exploration update on the Company’s McFaulds property (the “Property”). The Property consists of 9 mineral claims comprising 22.7 square kilometers and is located 3.8 kilometres north-east of the Double Eagle nickel-copper-platinum group element (PGE) deposit, recently discovered by Noront Resources Ltd. (NOT:TSX-V). The subject properties are located in the Sachigo greenstone belt approximately 300 kilometres north of the town of Nakina, in the James Bay Lowlands of northern Ontario.

DOUBLE EAGLE NICKEL-COPPER-PGE DEPOSIT

The Double Eagle deposit has yielded some exceptional grades including 1.84% nickel, 1.53% copper, 1.14 g/t platinum and 3.49 g/t palladium over 36.0 metres (NOT-07-01) as well as 5.09% nickel, 3.10% copper, 2.78 g/t platinum and 9.78 g/t palladium over 68.3 metres in hole NOT-07-05. The deposit occurs in komatiitic rocks described as peridotites, within the basal lower-most portion of the volcanic pile comprising the southern limb of the Sachigo greenstone belt. It is intimately associated with a discrete magnetic anomaly (magnetic high) and a coincident electromagnetic anomaly (conductor).

FREEWEST’S MCFAULDS PROPERTY

Based on an archived airborne geophysical survey flown in 2003 and geological evidence, Freewest’s McFaulds property likely covers the north-easterly extension of the same belt of komatiitic rocks that hosts the Double Eagle deposit. Additionally, the komatiites on Freewest’s property are associated with a series of magnetic highs and electromagnetic conductor clusters that are similar to the geophysical signature of the Double Eagle deposit. These anomalies are of immediate exploration interest and are prime targets for diamond drilling.

Four (4) of the 9 mineral claims (10 square kilometers) comprising the McFaulds property are wholly owned by Freewest Resources Canada Inc. The remaining 5 mineral claims or 12.7 square kilometres are currently under option to Spider Resources Inc. and KWG Resources Inc (Freewest JV). On the latter, Spider and KWG may earn a 50% interest in them by spending $3,000,000 on exploration over a 4-year period. They may earn a 60% interest by delivering a bankable feasibility study on any mineralization identified and a cumulative 65% by arranging project financing for Freewest to put such mineralization into commercial production. Spider and KWG recently announced that they intend on spending $2,000,000 on drilling select airborne and ground geophysical anomalies on the Freewest JV in the winter of 2008 (see Spider Resources Inc. news release dated October 1, 2007).

The following image shows the disposition of the 100%-owned claims and the claims that are currently under option to Spider Resources Inc. and KWG Resources Inc. (Freewest JV).

CURRENT FREEWEST EXPLORATION PROGRAM

A detailed airborne geophysical survey is currently being flown for the Company over its entirety, at 100 metre line centres. The detailed survey will yield greater definition and resolution of anomalies than those defined by the earlier survey flown at 300-metre line spacing in 2003. It is being completed by Aeroquest International using the AeroTEM II helicopter-borne time domain system and it is anticipated that preliminary results will be available to the Company in early December.

In anticipation of receiving the detailed airborne geophysical results, the Company has commenced a property-wide line cutting program, to facilitate the completion of ground geophysical surveys. These will include horizontal-loop electromagnetic (HLEM),magnetic and possibly gravity surveys. The intent of the ground surveys is to further refine the location, tenor and nature of the airborne geophysical anomalies in preparation for diamond drilling. The ground geophysical survey will commence immediately following the completion of the line cutting.

The Company is also sampling 2 critical drill holes that were completed earlier on the Property. Both of the drill holes intersected thick sections of komatiitic rocks (up to 180 metres) that were only sampled locally. One of the holes FW-06-03, completed on the Freewest JV portion of the Property, intersected high-grade chrome mineralization with anomalous nickel, copper and platinum-group-element mineralization within peridotite. Petrographic and geochemical analyses of the drill core will yield additional information on the nickel-copper-PGE mineralizing system in preparation for diamond drilling.

Donald Hoy, P. Geo. (Ontario), Vice President of Exploration and a Director of Freewest Resources Canada Inc. is the Qualified Person on the McFaulds project and is responsible for the preparation of this news release.

Freewest is a well-financed mineral exploration company exploring for gold, base-metals and uranium in Eastern Canada. Corporate information can be accessed on the Internet at www.freewest.com. Freewest’s shares are listed on the TSX Venture Exchange under the symbol FWR.

Investors are invited to visit the Freewest Hub at www.agoracom/IR/freewest where they can post questions and receive answers or review questions and answers already posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to FWR@agoracom.com where they can also request addition to the investor e-mail list to receive all future press releases and updates in real time.

For further information please contact:

Mackenzie I. Watson
President and CEO
Tel: (514) 878-3551 or 1-888-878-3551
Fax: (514) 878-4427
E-mail: info@freewest.com
Website: www.freewest.com

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.
Interessante geophysikalische Analyse (allgemein und James Bay):



http://www.agoracom.com/ir/Noront/messages/635238#message


Geophysics...
Posted by: Bentonstocks on November 17, 2007 06:22PM


Just to add my two cents to confirm and/or expand on what others have said recently on this topic, and to reiterate what I have said in the past on the matter, geophysics alone do not tell you where mineralization (deposits) are. Rather, they are a starting point, or an indicator of where to start looking, used in conjunction with historical geological data/maps/reports, and aerial photos and/or landsat imagery. Some or all of the above will be used depending on what is available, and the geological environment or setting.

Airborne geophysics conducted with fixed wing aircraft are usually the first type of geophysical survey conducted on 'new' ground - it is much cheaper and more efficient to cover large of areas of ground with an airplane than it is with a helicopter. This process records and maps the natural magnetic signature of the rocks and surface immediately below the aircraft. I say "surface" because and airborne geophysics data will pick up structures on surface such as power lines, metal structures, etc., depending on the line spacing, how low the aircraft is flying, and the' filters' employed to weed out the noise in the data being collected. There are many variables/factors that affect the final product, i.e., the geophysical maps that are generated based on how the data is eventually interpreted by computer programs. There are also many things that can contaminate or disturb the data being collected, including problems or equipment failures on the aircraft itself. The recording equipment onboard the aircraft is calibrated to tune-out the natural frequencies/'noise' emitted by the aircraft while it is operating. The moment something changes on the aircraft (e.g. a fuel pump failure) that tuning will be rendered ineffective and the data corrupted.

The final product, the geophysical maps, reveal rock structure that would not otherwise be apparent from other sources, or just by a pair of trained eyes walking on surface. In addition, the magnetic signature that is detected and recorded by the equipment will include that which is emitted by rock below surface to limited depth dependant on some of the variables mentioned above. Since different types of rock have different degrees of magnetism, or lack thereof, the geophysical data will produce maps that reveal rock structure simply by generating maps that are records of their magnetic signatures. The different colours on the maps only represent degrees of magnetism - nothing more, and those colours are chosen by the data processors through manipulation or programming of the software used to process the data. Anyone looking at the nice colours on the available maps and trying to figure out for themselves where the next 'eagle' is... well... misguided. If it were that easy, we would require neither the geophysicists nor the geologists.

Anyway, these maps are then interpreted based on the known geological setting (regional geology, rock provinces/types, known mineralization occurrences if any, etc.) to pinpoint areas where mineralization may have occurred. Mineralization is usually manifested in, or associated with, anomalous rock structure. Since magnetic anomalies are in fact rock structure anomalies, they are a good place to look, or start from, if the geological setting is such that mineralization is thought to have possibly or likely occurred in that setting.

Once areas of interest are determined, the next step is usually to conduct some field work to take surface samples, and map the surface geology/topography, after putting in a line grid. Bear in mind that this is just very sort of brief sort of overview of the process....

Because the McFauld's Lake area is largely lowlands with very little, if any, visible rock structure on surface, this requires a greater reliance on various forms of geophysics to pinpoint potential areas of mineralization. Diamond drill holes are very expensive (one hole can cost hundreds of thousands of dollars depending on depth), and are a very precise or 'narrow' method of testing for mineralization - you do not normally just start drilling holes without having spent considerable time analyzing various types of exploration data (geophysics, surface sampling, mapping, etc.) to determine where to position a hole if you think the area warrants drill-testing. This is why other companies in the area have not just up and started drilling as some people on this forum have asked. The hardest part of the exploration process is determining where to position/drill the holes. In fact, the purpose of all the exploration work is to enable the geologists to make their best educated guesses as to where to position drill holes, or even make a determination as to whether they should even drill test the area of interest - it all leads to that.

So, because of the environment (wet lowlands with virtually no visible rock on surface) in the Ring of Fire, the companies are having to rely more on geophysical data - they are almost going at it blindly because they can glean very little, if anything, about structure from what they see at surface. This is why other more specific/profound/detailed types of geophysics are being employed in the analytical process. These include the ground geophysics, down-hole geophysics, EM geophysics, and the AeroTEMII being flown by helicopter. This is also why NOT have been drilling many holes over a limited strike length. Without the benefit of other geophysical data (currently being collected and processed) to help them decipher the geometry, they would have had to have taken ‘baby steps’ as they step-out from the original discovery hole since they would have had very little understanding, virtually none in fact, of what is below the surface. This is also why they would have holes at different angles from the same set-up (position).

From the comment/questions I have seen on this board, it is clear to me that very few of you appreciate or understand how difficult it is to position drill holes and understand what is going on many meters below the surface. As an analogy imagine two rooms separated by a wall. In one room is the drill, and in the other room is the deposit which in this case will be a glass coffee table with 3 legs. Now, to find the deposit, you have to drill through the wall, which you cannot see through and try and hit the coffee table, while not even knowing that what is on the other side is a coffee table, where or how it is positioned (on its side, or upside down, or balanced on one leg) in the room, or if it even exists - all your wall penetrating 'radar' (the geophysics) has told you is that there is something in that room that might be of interest. If you are able to actually hit any part of the coffee table with your drill, you pull your drill tube back through the wall and then examine the bits to and hopefully figure out that you have hit a coffee table, and try to piece together where you have intercepted it, and at what angle, so that you can try to determine where to drill your next hole based only on an analysis bits of glass or metal that you think might me a coffee table. Sound hard? Well that because it is...

At any rate, what is both interesting and significant about NOT's discovery is the fact that the airborne MAG high and associated EM (conductive) anomaly have been shown to be VMS and PGM mineralization, in this particular case. In other words, a particular magnetic high (MAG) anomaly, with an associated electrical conductive anomaly (metals are conductors of electricity) has been shown, through drill-testing, to be mineralization with the right kinds of metals. Until the drill bit proved this, this particular MAG/EM anomaly, our beloved Eagle 1, was only just a structural anomaly with anomalous amount of conductivity, and many things could have been the 'cause', including a graphite structure, which is why these anomalies were ignored in the past - the geological setting did not make it likely that a MAG high and associated EM anomaly would be VMS or even PGM mineralization. Now that NOT has proved otherwise with their discovery, ‘the exploration clock has been reset to zero', so to speak, and all of the anomalies are being revisited, and more precise geophysics are being conducted.

Now, because NOT's Eagle 1 has proven to be a VMS/PGM discovery, it does not mean that all other similar anomalies are going to be the same thing. In fact, it is far more likely that other things will be found to be the cause of such anomalies. Remember, that these MAG anomalies are just indicators of rock structure, and the conductivity could be caused by many things. Referring back to our coffee table analogy, if our wall-penetrating radar (our geophysics) has detected something, an anomaly, which is actually a couch, or a desk, but we have no idea what it is, just that something is somewhere in the room, and if it is only glass coffee tables that are of interest or value to us, only drilling will determine if those anomalies are other glass coffee tables (deposits) waiting to be discovered, once we actually find (hit) them with the drill bit..

What is interesting about FNC is that the anomaly on their claim adjoining NOT's discovery claim is most likely, but not certainly, part of the same anomaly, and therefore the same body of VMS/PGM mineralization - the anomalies and/or mineralization do not stop at the borders of claims. If the FNC anomaly was anywhere else on their property, and therefore removed or separate from NOT’s Eagle 1 discovery, it would have no better odds of being mineralization than any of the other associated MAG/EM anomalies of interest in the Ring of Fire. It is silly for anyone to think that just because it is on FNC's ground, that it could not be part of the same discovery. The association has been established on NOT's claim, and if the anomaly continues, 'unbroken' onto another company's ground, it is logical to conclude that it is the same thing, rather than something different. However, there is nothing in the known data that could quantify who has how much. Again, the only reasonable conclusion is that there is - probably - some of Eagle 1 on FNC's ground, and only drill-testing will eventually prove how much, if any, of Eagle 1 is on FNC' ground. It also true that at this juncture, no other company, other than NOT, has higher odds of having mineralization of significance on any of their claims than does FNC, and this only because of proximity.

Regards,

B.



Gruß,
Fantomas
Und ein neuer Area Player:

GOLDEYE EXPLORATIONS (GGY.V)


http://biz.yahoo.com/ccn/071120/200711200426780001.html?.v=1


Goldeye Acquires Claims in the McFaulds Lake Area, Northeastern Ontario

Tuesday November 20, 10:01 am ET



Gruß,
Fantomas
Hawk Uranium Inc. Announces Option Agreement With Noront
Wednesday November 21, 9:18 am ET




TORONTO, ONTARIO--(Marketwire - Nov. 21, 2007) - Hawk Uranium Inc. (TSX VENTURE:HUI - News; "Hawk") is pleased to announce that it has entered into an option agreement with Noront Resources Ltd. ("Noront") pursuant to which Hawk has the option to acquire a 50% legal and beneficial interest in a property. The property includes 10 Claims (covering a total of 160 claim units, or approximately 6340 acres) in the "Ring of Fire" of the McFaulds Lake area, James Bay Lowlands, Ontario near Noront's nickel copper discovery.
ADVERTISEMENT


To earn its interest in the property, Hawk is required to:

1. Issue 400,000 common shares of Hawk to Noront immediately following approval of the option agreement by the TSX Venture Exchange;

2. Complete an aggregate of $3,500,000 in exploration expenditures on the property over a three year period (of which $1,000,000 must be incurred in the first year); and

3. Make aggregate cash payments to Noront of $400,000 within two years of entering into the option agreement (of which $200,000 must be paid in the first year). The cash payments may be satisfied, at the option of Noront and subject to the approval of the TSX Venture Exchange, by the issuance to Noront of 800,000 common shares of Hawk (at a deemed price of $0.50 per share).

The Option Agreement remains subject to required approvals by Hawk's Board of Directors, Noront and the TSX Venture Exchange.

Upon Hawk earning its 50% interest in the property, Hawk and Noront shall form a joint management committee to further develop the property as a joint venture with Noront continuing to act as the operator.

ABOUT HAWK URANIUM INC.

Hawk has both direct or option interests in a uranium project in Grand Calumet Township, Quebec, two VMS/nickel/copper exploration properties in the McFaulds Lake "Ring of Fire" area of Northern Ontario in Joint Venture one with Noront Resources and one with MacDonald Mines; one gold exploration property in the Wawa area of Ontario, one uranium property in the Elliot Lake Camp of Ontario, one uranium property in the Charlebois Lake Area of the Northern Mining District of Saskatchewan, one uranium property in Gila County, Arizona, and a core holding of 3.5 million shares in Wits Basin Precious Minerals Inc. (OTCBB: WITM - News). Wits Basin is currently pursuing active projects in South Africa, Colorado, Mexico and the People's Republic of China. Hawk also has petroleum and natural gas properties in Ontario.

For all Hawk Uranium Inc. investor relations needs, investors are asked to visit the Hawk Uranium IR Hub at http://www.agoracom.com/ir/hawk where they can post questions and receive answers within the same day, or simply review questions and answers posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to hui@agoracom.com where they can also request addition to the investor e-mail list to receive all future press releases and updates in real time.

CAUTIONARY STATEMENT

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This news release includes certain "forward-looking statements". All statements other than statements of historical fact included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of Hawk, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and results to differ materially from Hawk's plans and expectations as detailed herein and from time to time in the filings made by Hawk with the TSX Venture Exchange and securities regulators. Hawk does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.



Contact:
H. Vance White
Hawk Uranium Inc.
President
(416) 214-2250 or 1-866-214-9486
(416) 367-1954 (FAX)

Walter Brooks
Hawk Uranium Inc.
Vice President
(416) 214-2250 or 1-866-214-9486
(416) 367-1954 (FAX)



Source: Hawk Uranium Inc.



http://biz.yahoo.com/ccn/071121/200711210427040001.html?.v=1
Mit Goldeye Explorations kam der 50/50-JV-Partner TRIBUTE MINERALS (TBM.V):


http://biz.yahoo.com/ccn/071120/200711200426775001.html?.v=1


Tribute Minerals Inc. Acquires Claims in the McFaulds Lake Area, Northeastern Ontario

Tuesday November 20, 9:23 am ET



(@ Mike: könntest Du bitte die letzten Neuzugänge im RT-Thread aufnehmen ? Danke !)


Gruß,
Fantomas
UC Resources Announces Mr. Michel Roy Agrees to Join Board of Directors
Thursday November 29, 4:15 pm ET





http://biz.yahoo.com/iw/071129/0334224.html
FREEWEST RESOURCES CN
Freewest Resources Announces Distribution of Quest Uranium Shares to Freewest Shareholders
11/30/2007

- Quest Uranium Files Final Prospectus for Rights Offering

MONTREAL, QUEBEC, Nov 30, 2007 (MARKET WIRE via COMTEX News Network) --

Freewest Resources Canada Inc. (TSX VENTURE: FWR) and Quest Uranium Corporation (TSX VENTURE: QUC) announce that the Board of Directors of Freewest has given final approval for the distribution by Freewest to its shareholders of an aggregate of approximately 6,256,000 common shares of Quest Uranium currently held by Freewest.

Freewest will distribute approximately 6,256,000 Quest Uranium common shares to Freewest's shareholders. Each Freewest shareholder of record at the close of business on December 10, 2007 will receive one common share of Quest Uranium for every 25 common shares of Freewest held. No fractional common shares will be distributed in connection with the distribution and shareholders of Freewest will not receive any payment in lieu of fractional shares to which they would otherwise be entitled. After the distribution, Freewest will hold approximately 3,744,000 common shares of Quest Uranium.

Freewest's registered shareholders will receive share certificates representing their Quest Uranium shares by mail shortly after the December 10, 2007 record date. Freewest's beneficial shareholders should contact their securities dealers regarding their Quest Uranium shares.

Quest Uranium announces that it has filed a final prospectus dated November 29, 2007 with the securities commissions of each of the provinces of Canada for a rights offering in a maximum amount of $938,400. Each shareholder of record of Quest Uranium on December 10, 2007 will receive one right for each common share held. Each right will entitle the holder to acquire one additional common share of Quest Uranium at a price of $0.15 until January 4, 2008. The prospectus will be available under Quest Uranium's company profile on SEDAR at www.sedar.com .

The TSX Venture Exchange has approved the listing of the common shares of Quest Uranium subject to, among other standard listing conditions, the completion of the rights offering and private placement for aggregate minimum gross proceeds of $2,025,000 and evidence of satisfactory distribution of at least 200 public shareholders of Quest Uranium each holding a board lot.

In connection with the rights offering, Quest Uraniuam has entered into a Standby Purchase Agreement with Mackenzie I. Watson, the President of Quest Uranium, Ronny Kay, the Chief Financial Officer, and Michael Pesner, a director of Quest Uranium, under which they have agreed to purchase shares in an aggregate amount of $525,000, to the extent that shares are available following the closing of the rights offering.

Quest Uranium is also effecting a private placement of a maximum of 5,000,000 "flow-through" common shares at a price of $0.30 per share, through Union Securities Inc. as agent. In connection with the private placement, Quest Uranium will pay a cash commission to Union Securities in an amount equal to 7% of the total proceeds of the private placement, and grant Union Securities an option to acquire a number of shares equal to 5% of the number of shares issued in the private placement, which option may be exercised at a price of $0.30 per share for a period of 15 months from the closing of the private placement.

If the rights offering and private placement are fully subscribed, there will be 21 million common shares of Quest Uranium issued and outstanding. Of these, it is expected that Freewest's shareholders will hold, in the aggregate, 29.8% of the Quest Uranium shares, Freewest will hold 17.8%, investors in the rights offering will hold 28.6% and investors in the private placement will hold 23.8% of the shares.

The distribution by Freewest of approximately 6,256,000 common shares of Quest Uranium will not affect Freewest's issued and outstanding shares. It is possible that those who have engaged in short selling of the shares of Freewest Resources may not be able to cover their short positions, in light of the dividend declaration, until such time, if any, as Quest Uranium is listed on the TSX Venture Exchange.

Quest Uranium was incorporated in June 2007 as a wholly-owned subsidiary of Freewest with the intention of taking over the uranium assets and exploration activities currently carried on by Freewest, so that Freewest can devote itself solely to exploration for precious and base metals. Prior to December 10, 2007, Quest will enter into an agreement with Freewest with respect to the acquisition by Quest of: (i) the George River property, in respect of which a technical report has been prepared in conformity with National Instrument 43-101, "Standards of Disclosure for Mineral Projects"; and (ii) five uranium properties in Ontario and one uranium property in New Brunswick. The properties to be transferred by Freewest to Quest Uranium comprise Freewest's portfolio of uranium exploration properties and after such transfer, Freewest does not intend to be directly involved in uranium exploration. Freewest will retain rights to precious metals and base metals with respect to the George River property and the six other uranium properties. Quest Uranium may acquire additional interests in uranium exploration properties in the future.

Freewest is a well-funded mineral exploration company exploring for gold, uranium and base metals in Eastern Canada. Corporate information can be accessed on the Internet at www.freewest.com. Freewest's shares are listed on the TSX Venture Exchange under the symbol FWR.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release.

Contacts: Freewest Resources Canada Inc. Mackenzie I. Watson President and CEO 514-878-3551 or 1-888-878-3551 514-878-4427 (FAX) info@freewest.com www.freewest.com

SOURCE: Freewest Resources Canada Inc.

mailto:info@freewest.com http://www.freewest.com


http://www.stockhouse.com/news/news.asp?newsid=6238166&tick=…
Antwort auf Beitrag Nr.: 32.093.184 von Fantomas96 am 20.10.07 13:58:40


http://biz.yahoo.com/ccn/071204/200712040429599001.html?.v=1


Fancamp Exploration Ltd.: Johan Beetz Property-Final Payment Received

Tuesday December 4, 1:16 pm ET



Gruß,
Fantomas
Antwort auf Beitrag Nr.: 32.667.258 von Fantomas96 am 05.12.07 00:14:35


KWG's Debuts Diamonds Inc Reports Results
Tuesday December 4, 11:20 am ET
Initial James Bay Lowlands (MacFadyen's Good Friday Kimberlite Pipe) Bulk Sample Yields a Grade of Nearly 20 Carats per Hundred Tons.

MONTREAL, QUEBEC--(Marketwire - Dec. 4, 2007) - KWG Resources Inc (TSX VENTURE:KWG - News) -


http://biz.yahoo.com/ccn/071204/200712040429555001.html?.v=1
TEMEX HEUTE + 24%





http://biz.yahoo.com/cnw/071206/temex_diamond_drill.html?.v=…


Diamond Drill Mobilized to Evaluate High Priority Ni-Cu-PGE Targets Near Noront Discovery

Thursday December 6, 9:05 am ET



TORONTO, Dec. 6 /CNW/ - Temex Resources Corp. (TSX Venture Exchange:TME, Frankfurt:TQ1) ("Temex" or "the Company") and its partner MacDonald Mines Exploration Ltd. ("MacDonald") announce they have mobilized a diamond drill to begin testing several high priority geophysical targets on properties in the area of, and immediately adjacent to, the Noront Double Eagle Ni-Cu-PGE Discovery in the Webequie area of northern Ontario.

The first of several targets to be evaluated in this initial phase of diamond drilling is a well defined magnetic and electromagnetic feature that is known to extend for a minimum length of 400 metres based on the ground survey data gathered to date. Over the 400 metre interval the target body is very conductive and has a positive magnetic correlation on all lines surveyed to date.

Ground and airborne geophysical surveys are continuing and other targets have been outlined, some of which will be diamond drill tested this month. It is currently anticipated that a total of 3 to 4 targets will be drill tested this month with additional drilling set to continue in early 2008. The exact location of the additional proposed drill sites will be refined as additional geophysical data is gathered and interpreted over the ensuing weeks.

Virtually nothing is known of the geology close to the initial target due to the complete overburden cover in the area, however geophysical interpretation of the available regional data suggests the area is likely underlain by rocks similar to those that host the Noront Double Eagle Ni-Cu-PGE approximately 5 km to the west. It is also possible that the area may host rocks similar to those hosting the McFauld's area copper-zinc mineralization some 15 km to the northeast.

Chairman Bruce Durham commented, "We are excited to be drill testing some of these high priority targets on the joint venture property so quickly. We began acquiring land close to the Noront discovery immediately after Noront's announcement of their very significant nickel-copper discovery and have been focusing our efforts at moving the project along as quickly as possible. We understand that there may be as many as twelve drills operating for various companies in the area so it will be a busy winter for everyone."

Temex and MacDonald are equal partners on several properties in the vicinity of Noront's Double Eagle Ni-Cu-PGE discovery. Shortly after acquiring the properties the companies established the framework for the completion of certain work on the property prior to year end. That plan included airborne and ground follow-up geophysical surveying and initial diamond drilling of at least some of the resultant targets. MacDonald, the Operator expects drilling operations to commence in the next few days. The properties subject to the agreement total 1479 claim units and cover more than 60,000 acres.

Bruce Durham, P.Geo., is the designated Qualified Person responsible for the preparation of this News Release.

Temex is a well-funded Canadian exploration company focused on advancing its precious metal, diamond, nickel and uranium projects in Manitoba and Ontario.


On behalf of the Board of Directors,

"Ian Campbell"

Ian Campbell
President and CEO

(x) The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this news release (x)


For further information

On Temex please contact Ian Campbell or Bruce Durham at (416) 862-2246 or visit the Company's website at www.temexcorp.com.



Gruß,
Fantomas



http://biz.yahoo.com/ccn/071206/200712060430158001.html?.v=1


Probe Mines Limited Completes High Resolution Airborne Survey on the McFauld's West Property, James Bay Lowlands, Ontario

Thursday December 6, 3:20 pm ET



TORONTO, ONTARIO--(Marketwire - Dec. 6, 2007) - The Directors of PROBE MINES LIMITED (TSX VENTURE:PRB - News) are pleased to announce that a high-resolution airborne magnetic and electromagnetic survey has been completed on the Company's 100%-owned McFauld's West Property, located less than 450 metres from Noront Resources' high-grade nickel-copper-PGE discovery in the James Bay Lowlands, Ontario. The airborne survey will be used to identify targets for an upcoming drill program, and represents the first electromagnetic survey to be conducted on the property. The Company expects to mobilize in late January or early February 2008 to begin the drill program.

The McFaulds West property comprises 12 claims situated immediately north and southwest of Noront Resources' nickel-copper-PGE discovery. Previous airborne magnetic surveys released by the government show the presence of two anomalies within Probe's claims that are similar in size and shape to that associated with Noront's discovery. Other than regional magnetic surveys, the property has had no previous exploration and the current high-resolution airborne survey will be the first to identify potential drill targets.

The airborne survey was conducted by Aeroquest International utilizing the AeroTEM II system, which has a reported exploration depth of up to 250 metres. Once the data has been received and interpreted further announcements will be made on the results of the survey and the details of the 2008 drilling program.

About Probe Mines:

Probe Mines Limited is a Canadian base and precious metal exploration company with a portfolio of highly prospective mineral properties. The Company is currently focused on the McFauld's Lake area where it owns 931 claims covering almost 15,000 hectares. This includes a 100% interest in 12 claims (192 hectares) situated less than 450 metres from the site of Noront's significant new nickel-copper discovery and represents one of the closest properties to the discovery. Probe currently has joint venture agreements on its Bristol Township gold project (West Timmins Mining Inc.) and Tamarack base metal project (Mantis Minerals Corp.). The Bristol Project is adjacent to the million-plus ounce gold deposit owned by Lake Shore Gold Corp., which has recently announced a positive pre-feasibility study for the project. Probe also maintains a 5% net smelter royalty on a portion of Agnico Eagle's Goldex Mine near Val d'Or, Quebec, slated for production in 2008. The company's shares trade on the TSX Venture Exchange under the symbol PRB.

David Palmer, Ph.D., P.Geo., is the qualified person for all technical information in this release.

Forward-Looking Statements

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This News Release includes certain "forward-looking statements". All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of Probe, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially form those anticipated in such statements. Important factors that could cause actual results to differ materially from Probe's expectations are exploration risks detailed herein and from time to time in the filings made by Probe with securities regulators.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.



Contact:
David Palmer, Ph.D.
Probe Mines Limited
President
(416) 777-6703

Karen Willoughby
Probe Mines Limited
Investor Relations
1-866-365-4724
Website: www.probemines.com

Email: prb@agoracom.com
AGORACOM Investor Relations
Website: www.agoracom.com/ir/probemines

--------------------------------------------------------------------------------
Source: Probe Mines Limited


Gruß,
Fantomas
Lang aber interessant: Geologische Situation James Bay


http://www.agoracom.com/ir/McFaulds/messages/653461#message


Re: The Rings Central Core
Posted by: alcollard on December 06, 2007 11:44AM

In response to: The Rings Central Core by the deputy

Hi deputy,

Not sure who posted this originally, but here is a write up on the geology of McFaulds Lake:

Geological Theory/Facts of Genesis of McFaulds Lake:


I seldom say this, In my view this post, with the up to date Geological information contained herein , is a must “keeper” to cut and paste, for future reference, to those interested/invested in the McFaulds Area….this post has taken weeks to research and put together….
Information credit will be given to their Sources, accordingly, and in all cases referred to herein, these are their professional opinions, based on their interpretations of fact findings studies , to which , I have then added/applied my kowledge/information/opinions of the McFaulds Area…I have decided to post this information, knowing that I have met their requirements, which are proper “credit” and non commercial use…proper credits are listed below, and as you all know/may know, I have not /and am not being paid by anyone to post on these forums.. .I do so simply to provide information and my considered opinions…..just your usual cautionary statements…
The Purchase of
MNDM Publications
MNDM Publication Sales
Local: (705) 670-5691
Toll Free: 1-888-415-9845, ext. 5691
(inside Canada, United States

I will begin with Prof. A.J. Naldrett, world renowned Geology professor and probably “THE” or one of , the world experts on MMS , Ni Cu PGEs …
I met Prof. Naldrett of a few occasions and attended a good number of his lectures on MMS Ni Cu PGEs, in Toronto, and have read much of his written papers on said subject, long before McFaulds came along….I will not go into very complex and extremely difficult geological terms and theories..I will try to describe some theories here, as simple as possible, under the circumstances of the very complex subject of geology in general and super complex McFaulds geology in particular….
Below are 3 general “findings” by Prof. Naldrett of his studies of worldwide MMS Ni Cu PGEs deposits :
"Magmatic Ni-Cu sulfide deposits form as the result of the segregation and concentration of droplets of liquid sulfide from mafic or ultramafic magma.When most major Ni-Cu sulfide deposits, including those at Kambalda, Western Australia, are viewed in the light of studies at Noril'sk, Sudbury, Jinchuan and Voice’s Bay, three factors become apparent:
(i) the concentration of sulfides in channels or conduits through which much magma has flowed (feeder conduits for intrusions are much more prospective targets for exploration than the base of the intrusions themselves);
(ii) (ii) the interaction of the source magma with country rocks, either leading to the incorporation of sulfur, or the felsification of the magma in question;
(iii) (iii) fractional crystallisation of sulfide liquid giving rise to Cu-rich ores which may be far removed from the 'source' ore.
Anthony J. Naldrett Key factors in Genesis of MMS Ni Cu PGE implications for exploration."
The first point is relatively simple , and as I have posted previously, that these NI Cu PGEs sulfides are accumulated and deposited in magma conduits or “feeders” conduits for much larger intrusions, wherein successive introductions of Magmas have occurred…BUT once you have ‘prospected “ and found these magma conduits mineralized with Ni Cu PGEs , then many Geologists recommend drilling much deeper for the “source” (parent) magma responsible for these deposits as these deeper bases of the Magma are usually also “mineralized”…especially in the case of McFaulds, wherein good evidence exists of the regional.presence of Chromite layers , and enxtensive titomagnetite layers, that are good evidence for the proposition that very HOT, Dynamic Magmas , existed at McFaulds, and were responsible for the mineralized “feeder conduits” the type of Dynamic Magmas that could host Massive Nickel Sulfides, near or at their base….more on dynamic magmas and their “plumes” in another post some time…
from BMK news and my discussions :
That these thick madfic gabbro-ultramafic sills have high nickel and possible Platinum Group Element (PGE) potential has now been proved by the presence of nickel sulphide in more than one place, as well as the regional presence of chromitites and laterally extensive titanomagnetite layers evidence for hot magmas of the type that may host large massive nickel sulphide deposits near their base.
The second point is extremely important and very relevant to the formation of McFaulds area deposits, which would include the Speatacular NOT discovery, and the BMK Ni discovery, and of course hopefully many more as yet hopefully undiscovered discoveries…
"(ii) the interaction of the source magma with country rocks, either leading to the incorporation of sulfur, or the felsification of the magma in question;"

So then from this statement we conclude that in order for magmatic sulfides to concentrate in one area and remain in situ, either Sulfur from the surrounding country rock, or more importantly as in McFaulds case, “Felsification” with the contact magmas…
We have all heard and read many/most of the uninformed and geologically ignorant posters/doubters refer to the “granodiorite, which they describe as having limited NOT’s ore bodies. …..Nothing could be further from the “truth/facts”…
You will recall that in most all NOT drill holes to date, the mineralization ended in “ granodiorite”…It is my opinion, that , what existed prior to the NOT mineralization event, was Large “granite” bodies as the country rock…these “granites” are/were in fact all felsic, containing up to 65%to 90% of quartz and alkai felspars, therefore they are felsic. The “feslsificatiion” referred to above, potentially occurred when the “mafic” parent magma, probably a gabbro, came into contact withand mixed with the “granites” country rocks and assimilated and transformed it into “grano-diorite”, thereby felsification of the Parent Magma in question..so that diorite part, is the “mafic” component parts of the parent gabbro? magma, which assimilated with the “granites” felsic country rock , then transformed them into “granodiorites”. This felsification,into the Granodiorite, in my opinion in this case is what created the “trap” for the Ni Cu PGEs sulfides, in situ, which accumulated near the edges of this process….
So the “granodiorite” is GOOD news, since that was part of the Parent magma, and the “trap” for the Ni Cu PGEs mineralization in NOT’s Area discovery…Thus the granodiorite does not limit NOT’s Spectacular discovery, or many likely future such discoveries in the McFaulds area…….
The third point is:
"(iii) fractional crystallisation of sulfide liquid giving rise to Cu-rich ores which may be far removed from the 'source' ore. "
As most of you know, SPQ has discovered many, more than 10 so called VMS deposits containing Cu and Zn…However some of their discoveries were only Cu with no Zinc…some were as much as 8% Cu…..this leads me to believe That those Cu only discoveries , were as the result of “fractional crystallisation” of the parent magma/s that gave rise to Ni ores, which may be far removed from the source(parent) ore…
Implications of this“fractional crystallization” for McFaulds may be;
1. These rich Cu only discoveries made by SPQ are part of the magmatic processes which gave rise to the Ni Cu PGEs of NOT and likely many other such deposits along the belt at McFaulds..
Alternatively, these SPQ Cu only discoveries give potentially, some evidence that such Ni Cu PGEs deposits also exist in SPQ claims, both east and west, since these Cu discoveries were made some 25 Kms east, and 25 Kms west ,and away from NOT’s Ni Cu PGEs deposit.
Further confirmation of these Ni deposits, spread out throughout McFaulds belt, comes from BMK who discovered a 93 Ft. section of drill core assaying about .40% Ni., in their MacNNUGET claims some 25 Kms west and away from NOT, which BMK is drilling now…
2. Thus there is both evidence for a GIANT parent magma, for the entire McFaulds area, or more likely,a series of Large mafic magma intrusions which potentially gave rise to a series of Ni Cu PGEs deposits, and farther away potentially the Cu only deposits and potentially, Massive Sulfides Ni deposits at their base, as above noted….
Here are some other very important and NEW findings/interpretations about the Geology/Geological setting for McFaulds…this information is borrowed from MNMD, Ont Gov. Open File Report-OFR 6192, Scott and Rainsford, 2006, from Aeromagnetic data , and revised terrain maps….this report is their interpretation of the data collected…
I would advise anyone who is serious about learning more on McFaulds Geology, to obtain a copy of said repot, (doesn’t cost much), but it gives you much additional information/data, a great number of maps and other illustrations data and information for the entire Hudson’s Bay/James Bay Lowlands etc…I am only going to quote a couple of items in this post, of this very large and informative geological/geophysical report, which I consider very important indeed…which as I read the fine print, is allowed, provided one gives the report “credit”, and it is for non commercial use, as noted above…
OFR 6192 Scott, Rainsford…2006
From Aeromagnetic data, and revised terrain maps…
Some features to note:
-" The merging of greenstone belts of Uchi domain and Oxford-Stull domain under the James Bay Lowland;"
Of course, these is a very complex set of Geological factors which cannot be explained easily,
Or ascertained to any degree in one study, however, certain assumptions may be theorized, such as the reason why these 2 distinctive Geological Units have “merged” under the James Bay Lowlands…This MAY indicate some evidence for plate tectonics, more particular “subduction zones” or crustal growths thru “rift”which have “merged” these 2 UNITS together..
Some other potential evidence for this “subduction zone” and crustal growth is stated below, wherein an “INDENTOR” taken to mean an indentation, or a lowering of the James Bay lowlands terrane, as compared to the surrounding rocks, sometimes referred to in Geology as similar to a Graben…additional important data from this statement below is that this “indentor” is flanked on each side by FAULTS…you will see this more clearly if you obtain the full report…
Now the “GRABEN” concept/idea is my opinion, since the geological definition of Graben is
“ an elongated depressed crustal unit, or block, that is bounded by “faults” on it’s sides”…it may or may not be expressed as a “rift valley”….
How my “GRABEN” description importantly relates to the Ni Cu PGEs mineralization is somewhat clear, since some of the World’s largest Ni Cu PGEs deposits like Norlisk in Russia occur within these types of “GRABEN” or “indentors” "low lands" ..At Norlisk it is described by Naldrett as a 3.5 Km thick “volcanic basin” in/near the axis or keel of an anticline formation, that is thought to have brought these deposits to near surface…these Norlisk deposits are world class and account for LARGE portion of Ni Cu and of course PGE’s..Russia being the world’s MAJOR producer of Palladium…you will also notice a number of “DOMES” and anticlines in and around the McFaulds lake area from the Geo maps posted…
- A large indentor-like feature underlies the James Bay Lowland, flanked by faults; -
Debate has grown as to the AGE of these MMS intrusions…The statement from the said report below, may shed some light into this discussion…I have read and that some samples taken from the McFaulds and adjoining areas, area were dated from 2737 to 2696…A;though I previously posted that these rocks were Proterozoic,, or earlier, that was not exactly correct. They are about 200 Million years older… The Archean age ranges from 3.8 to 2.5 Billion years old…the youngest known as late Archean 2.9 to 2.5 Billion years old.. Proterozoic age starts after 2.5 Bill…so the dates quoted in some reports show that some of these intrusive rocks underlying the Paleozoic limestone are of late Archean ages aound 2.7 Billion years old,…some of the surrounding rocks are of early Archean ages 50+ more years older……From reading may publications, and mapping of World MMS Ni Cu PGEs deposits, especially from Prof. Naldrett, it seems that the older the rocks the higher the sulfide content of Ni etc…, since the theory is that the earth’s Mantle, was somewhat more HOT Dynamic and Violent , than it is today, as it is very very slowly cooling…so AGE may be a plus for McFaulds…and interesting side note of these world MMS deposits maps, is that Canada has been unusually blessed with a higher proportion of these deposits , than other countries…
In conclusion, I have believed for some time that the Potential for Large and rich deposits of Ni Cu PGEs at McFaulds is/has been Great!..…As more geological data , interpretation and especially drilling comes forth, I believe again the words of Mr. Nemis “THE RING OF FIRE ( The McFaulds area) WILL BE LARGER THAN VOISEY’S BAY”…the structure and Geology are there, the Ni Cu PGE’s are there, at least proven to exist thru 50 Kms belt of McFaulds, while others potentially to be found and extending Mfaulds further…
from SPQ’s VMS discoveries some 25 Kms away East from NOT’s discovery, to the BMK Ni MS discovery last year 20+ Kms away West of NOT’s discovery….now all that is left is the very important “drilling” to actually outline and “prove” the orebodies…Good luck to all McFaulds Lake Players….
ALL of the above as usual ….In My Considered Opinion…pls do your won D.D….



Gruß,
Fantomas
NEUES PP von FWR (Preis: CAD 0,32 und 0,40):




http://biz.yahoo.com/ccn/071207/200712070430359001.html?.v=1


Freewest Resources Announces Private Placement for a Maximum of $800,000

Friday December 7, 3:30 pm ET

Shares to be issued at $0.32


MONTREAL, QUEBEC--(Marketwire - Dec. 7, 2007) - Freewest Resources Canada Inc. (TSX VENTURE:FWR - News) announces that it will issue a maximum of 2,250,000 "flow-through" common shares and 250,000 non-"flow-through" common shares to investors in Canada at a price of $0.32 per share, for maximum proceeds to Freewest of $800,000. Each share will be accompanied by one-half of a common share purchase warrant. Each whole warrant will entitle the holder thereof to acquire one additional non-"flow-through" common share of Freewest at a price of $0.40 for a period of one year.

It is expected that Freewest will pay certain registered representatives a finder's fee equal to a maximum of 6% of the gross proceeds from the sale of shares through such registered representatives in connection with the private placement.

Freewest will use the proceeds from the private placement for the development of its projects in New Brunswick, Ontario and Quebec, and for working capital.

Under applicable securities legislation and the policies of the TSX Venture Exchange, the securities issued in the private placement will be subject to a four-month hold period. The private placement is subject to regulatory approval, including that of the TSX Venture Exchange, and to the signing of definitive subscription agreements. The placement is expected to close on or before December 21, 2007.

Freewest is a well-funded mineral exploration company exploring for gold, uranium and base metals in Eastern Canada. Corporate information can be accessed on the Internet at www.freewest.com. Freewest's shares are listed on the TSX Venture Exchange under the symbol FWR.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release.



Contact:
Mackenzie I. Watson
Freewest Resources Canada Inc.
President and CEO
(514) 878-3551 or 1-888-878-3551
(514) 878-4427 (FAX)
Email: info@freewest.com
Website: www.freewest.com




Gruß,
Fantomas
Für alle JAMES BAY Interessierten:

Hier ist eine lange, aber sehr interessante Zusammenfassung der elektromagnetischen / geophysikalischen Daten im Bereich des Noront Double Eagle Fundes.

Nach Studium habe ich meine bisher hier geposteten Annahmen nochmal up-to-date gebracht und werde mein weiteres Vorgehen bezüglich Noront und Area Player in den nächsten Tagen umsetzen, da sich diese mit meinen bisherigen Erkenntnissen decken und sehr logisch und nachvollziehbar erscheinen.

Aber bitte lest selbst (Text von mir zwecks besserer lesbarkeit formatiert / korrigiert):



http://www.agoracom.com/ir/Spider/messages/656601#message



This is yet another one of those rare posts that should copied and pasted for future reference, closer reading/study.
It is especially important because it contains, in addition to some Geology, it also includes factual and very important Geophysics studies/maps from portion of McFaulds Area conducted by Area Players on or about 2004, and 2005.
Take note that these Geophysics maps were made public, long before the Spectacular Ni Cu PGEs discovery by NOT.
I mention this, since it is rather “rare” , with good reason, that Explorers publicly release this kind of Geophysics data/information after a great discovery.
As evidence, BIG players like CVRD have already moved into McFaulds, apparently notifying Chief Jacob by letter.
The BIG CVRD question is: did they option land from NOT, or did they stake their own claims west of NOT ?
I doubt whether many of the Area Players would want to release “confidential” and detailed Geophysics Surveys publicly.
However, fortunately, we do have these few Area Geophysical Surveys that can tell us volumes about the potential for NOT like MMS Cu Ni PGEs discoveries.
These Geophysical Surveys only cover a small portion of McFaulds, approx a 5Kms radius from NOT’s Spectacular discovery and 5 Kms East, but they are extremely important because of their very close EM anomaly similarities and proximity to NOT’s EM signature/anomaly, all within 5 Kms of NOT.
First the all important Geophysical data/maps portion as they directly relate to the following Area Players around these area maps , including in no particular order, NOT, SPQ, BMK/JV, FWR, FNC,KWG.
These Geophysics maps and their anomalous signatures, of said area are the real thing. They are the actual”physical”.
EM signatures were part of the data used I believe, to uncover NOT’s spectacular MMS NI CU PGEs discovery, and SPQ’s famous Chromium/PGE’s layered peridotite discovery about 3 kms NW on strike, and were one of the primary reasons BMK/JV immediately "rushed" to stake the open area just below those SPQ optioned FWR claims.
As a BMK employee told me after pointing these EM maps,”why do you think we rushed to stake those claims near/below NOT, as soon as we heard of NOT’s MMS discovery ?”.
So in my view, these Geophysics maps are very important indeed, and may/likely in fact point the way to other new Spectacular MMS discoveries, in this 5 Kms area, very shortly, with BMK/JV drilling this week there, and SPQ, KWG,FWR drilling there in January/08.
To better satisfy yourselves as to the exact locations and claims ownerships, as these maps do not specifically give detail names of each claim holder, please download the latest claims map dated Nov. 26/08 from the link below, and zoom in to the area surrounding NOT’s Discovery.
Any Mafaulds map will do since these claims are somewhat original.


McFaulds Area Claim Map:

http://johnduff13.myphotoalbum.com/view_photo.php?set_albumN…

To better and precisely follow the points I will make below, it’s best to download the 3 Geophysics maps with links below, and zoom in to have a real good/closer look.

Map of NOT HLEM:

http://johnduff13.myphotoalbum.com/view_photo.php?set_albumN…

Geophysical AEM anomaly map borrowed from BMK of that portion of McFaulds being discussed in detailcourtesy BMK :

http://johnduff13.myphotoalbum.com/view_photo.php?set_albumN…

FWR TEM Map, of the area at McFaulds being discussed in detail courtesy FWR:

http://johnduff13.myphotoalbum.com/view_photo.php?set_albumN…



First a word about EM Airborne “Electro Magnetics” vs “Magnetics” : Geophysics includes in the field of mineral exploration, in particular the search for “Electro Conductive” metallic sulphides and oxides in resistive geology.
It also includes the search for “magnetic” anomalies/signatures , such as Magnetite and Phyrrotite etc,that are magnetic which are quite separate and distinct from Electromags, which relies on “Electro Conductivity”.
MMS Nickel and Copper deposits are typically very conductive, and return a strong EM response (so much so that specialised processing may be needed to detect them with time-domain EM systems) TEM.
These deposits are generally associated with ultramafic intrusives, which also produce strong magnetic anomalies, useful for targeting prospective geology within regional magnetic surveys.
The presence of pyrrhotite in the deposit may create a magnetic anomaly, although it can be lost in the strong magnetic anomalies of the associated intrusives.
The letter before the term EM, refers to the type of EM.
HEM is a Helicopter EM.
FEM is a Fixed wing EM.
TEM is a Time domain EM.
They are all EM’s with different instruments/applications, such as for depth, close to surface, differentiating etc etc.
These and New types of these Geophysics Surveys is a real growing business, and usually take up to 20% of the booths at Prospectors Conventions.

To cut to the chase I will be concentrating /discussing the following claims and Area Players:
- NOT and it’s MMS discovery Claim.
- FNC and it’s 4 claims adjacent to NOT.
- SPQ/KWG and their 5 Claims(optioned from FWR)adjacent to FNC.
- SPQ/KWG 321/2 % Interest each, FWR 35% Interest.
- BMK’s 2 claims below SPQ/KWG and adjacent to FNC.
- 1 Claim of SPQ/KWG just after said 2 BMK claims.
- and 4 Claims above SPQ/KWG of FWR.

I will first deal with NOT.
Many, including Kaiser have suggested that NOT’s MMS discovery extends some 2400m S/W.
In the first HEM map, you will notice that NOT’s EM anomaly does in FACT extend South/SouthWest by some 2400m all within NOT claims.
So, in conclusion, there is a great likelihood that NOT’s discovery deposit does in FACT extend further by about 2 Kms.
Perhaps not totally continuous, but rather in sections of that 2400 Kms strike length, since in part, the line used to outline this EM anomaly is not a solid line, but a broken line in dashes.

The second Geophysics map, courtesy of BMK is very important indeed.
For it not only shows the precise EM anomaly/signature of NOT’s MMS Ni Cu PGEs discovery, but it shows the intensity and strike direction, of a number of very similar EM anomalies as follows:

please remember there are no numbers or data given on this map but a visual comparison would suffice.
It is very clear that NOT’s anomaly extends North/West into SPQ/KWG/FWR Claims, there are at least 3 very similar anomalies , directly on strike NW from NOT’s anomaly/discovery.
These 3 anomalies have great likelihood of being MMS,this is where SPQ found the Chromite and PGE’s.
One EM anomaly is divided between SPQ/FWR/KWG and BMK.
This is an important one, since it also lies next to a Fault, and is marked HIGH EM.
A smaller anomaly is found in one of FNC’s claim a little bit South of NOT’s EM anomaly.
This anomaly too has a great likelihood of being MMS.
The next anomalie is in the BMK/JV claim, marked in red in BMK map, almost on strike NW a little more south of NOT/FNC’s EM anomalies.
This one too has a great likelihood of being MMS, especially since they are next to a Fault and are marked as HIGH EMs, along with another anomaly right adjacent NW to it which is in SPQ/KWG claim.
Leading from these anomalies almost on strike north/west, there are at least 4-5 such anomalies mostly leading in and into SPQ/KWG/FWR claims.
These most certainly have a great likelihood of being MMS, as you will see in the next map, a “fault” running right next to them, and are marked with a solid red line, indicating a HIGH EM anomaly.

As you can see, those are the only High anomalies released in this partial map for that area from BMK.
They look superb.
I asked a Geologist friend what percent chances he would give these anomalies under the circumstances of NOT’s EM Anomaly MMS discovery.
He gave me a 60% chance of them being MMS.
My guess was a 65% chance, so there exists a very good likelihood these/some of these EM anomalies represent MMS deposits, especially when viewing the last Geophysics map from FWR.

So to summarize:
- 1 EM anomaly in NOT’s claim, the MMS Ni Cu PGE discovery and what looks like a continuation of that EM anomaly in NOT’s claims SW.

- 1 EM anomaly in FNC claim just S of NOT.

- 5 to 6 EM anomalies in SPQ/FWR/KWG JV claims.

- 3 EM anomalies in BMK/JV claim.

- 1 EM anomaly in SPQ/KWG claim.


This first map does not show the 4 FWR claims, although FWR map shows 1 EM HIGH red solid line anomaly in FWR claims, just above a fault in the 2nd claim N of SPQ/JV claims.
All these have tremendous potential for MMS.
You will note that on the next EM map from FWR, there is a little more detail and gives HIGHS and Medium and Lower EM anomalies.

Remember that this EM anomaly was released prior to NOT’s MMS discovery, they were only drilling Medium to Lower EMs.

Also none - NOT ONE OF THE HIGH ANOMALIES !!! - on this Map were drilled, (of course with the exception of the NOT anomaly/discovery) represented by very THICK/SOLID red line, that corresponds exactly to the previous BMK HIGH EM Anomalies map, as some of the press releases from NOT had indicated.

This is indeed very good news.

Of course we can’t see the NOT or FNC High Anomalies on this map, BUT we can see SPQ/KWG/FWR, and FWR and the BMK claim, and SPQ/KWG claim, and the 4 FWR claims.

You will note that on the BMK/JV first claim there is a Fault(black dotted line), and beside that Fault,still on BMK claim, there are 2 solid lines and 2 thick black points at the top of the claim, never been drilled.
These are excellent MMS targets/potential.
The second BMK claim EM anomaly does not show up on this map, maybe it wasn’t surveyed, but one can see from the adjacent BMK claim, that the HIGH to Medium EM conductors do flow into BMK claim from SPQ/KWG claim.

The SPQ/KWG claim (borders in black) has tremendous potential for MMS since it has 2 solid red lines, indicating HIGH EMs, and 2 black thick markers.
Continuing on from there and joining the “Fault” in a NW direction, is a series of very solid red lines and thick black dots, in a much longer stretch all in SPQ/KWG/FWR claims.

This area in my opinion has the HIGHEST chance of being an MMS deposit, leading from about the middle of the JV claim on extreme left and moving NW past the top of that small square inside that claim, and past the Fault line, and are all HIGH EMs.

There is a very similar but smaller one just below the above.
Again I believe that these last 2 EM anomalies mentioned have in my opinion, the HIGHEST possibilities of MMS mineralization.

FWR has 1 EM High. None of these HIGH EMS have been drilled.
BUT I’m almost certain they will be drilled on or about Jan/08.

Remember that there also exist a high possibility of hitting a pure PGE deposit, and also remember the VAST Claims/Lands that NOT/JV, BMK/JV and SPQ/JV have at McFaulds, which have never been drilled for MMS HIGH EM anomalies.

Just an interesting side note about that little square piece of land inside SPQ/FWR/KWG.
As I was informed, it turns out that it was owned by an individual who refused to sell it for many years.
Eventually a deal was made with Renforth to buy said property, and subsequent to that SPQ/KWG made a deal with Renforth optioning all their diamond plays at McFaulds, and so acquired interests in that small square.

I believe there exists a great likelihood that some of these EM High Anomalies noted above will find MMS-NOT-like deposits at McFaulds.
This would mean superb NEWS for NOT as well as said Area Players, since it’s the total tonnage at McFaulds that will make NOT and all McFaulds deposits “economical”.

For the record, and in full disclosure, I own most all of the above noted Area players, and have been accumulating more over the last couple of weeks, especially SPQ, BMK and FWR for reasons above noted, and may be accumulating a bit more if prices weaken further.
As usual, this is all in my considered Opinion.
Please do your own Due Diligence.
JD



Gruß,
Fantomas


Temex, Noront And Baltic Expand Property Position Via Staking Syndicate
Tuesday December 11, 11:30 am ET


TSX Venture Exchange:TME, Frankfurt Exchange:TQ1
TORONTO, Dec. 11 /CNW/ - Noront Resources Ltd. ("Noront"), Baltic Resources Inc. ("Baltic") and Temex Resources Corp. ("Temex", TSX Venture Exchange TME, Frankfurt Exchange TQ1) announce that they have completed a significant land acquisition campaign in the McFaulds Lake area in the James Bay Lowlands region of northeastern, Ontario. The new properties, located in the general area of Noront's Double Eagle Ni-Cu-PGE discovery, were acquired by Temex on behalf of Temex, Noront and Baltic collectively the Staking Syndicate ("Staking Syndicate"). A total of 120 mining claims comprising 1900 claim units totaling 76,000 acres (the "Claims") were acquired on behalf of the Staking Syndicate.
Subsequent to the staking campaign, Temex, Noront and Baltic have entered into a binding Letter of Agreement whereby each party has agreed to grant the other two parties a 100% interest in one third of the total claims staked, with each of the parties retaining a 1% Net Smelter Returns ("NSR") royalty in the claims granted to the other parties. Therefore each party has a 100% interest in one third of the claim units and a 1% NSR royalty in two thirds of the claim units. Temex acted as operator of the Staking Syndicate.

The Claims cover features thought to represent geological environments similar to the geological setting near the Noront Ni-Cu-PGE discovery. It is believed that the newly acquired Claims have never been subjected to any previous exploration for Ni-Cu-PGE mineralization, and for the most part, the Claims have not been covered by a modern magnetic and electromagnetic geophysical survey.


On behalf of the Board of Directors,

"Ian Campbell"

Ian Campbell
President and CEO



http://biz.yahoo.com/cnw/071211/temex_noront_baltic.html?.v=…
Antwort auf Beitrag Nr.: 32.729.606 von mike32 am 11.12.07 18:16:51UC Resources Shareholders Update
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 19, 2007) - UC Resources Ltd. (the "Company") (TSX VENTURE:UC) - On behalf of the entire management team of UC Resources Ltd., we are pleased to provide this update for our shareholders. The areas of interest have expanded in 2007 and the pace of our activity will accelerate in the coming months, as UC is now involved in exploration/production work in Mexico and exploration in Northern Ontario, Canada. There have been management changes at your company culminating with the appointment of Mr. Jim Voisin as the new President and a member of the board of directors, plus the addition of Mr. Michel Roy, CEO and Chairman of ECU Silver Mining, to the board of directors.

McFauld's VMS Project Update

Last March, in Northern Ontario, the Company announced they entered into a binding option agreement allowing an earn-in up to 55% of the McFauld's Lake area JV between Spider Resources Inc. and KWG Resources. This agreement has UC as the operator during the earn-in phase and ultimately allows the company to earn a controlling interest in the McFauld's Lake property package. UC is of the opinion this region could develop into a world-class base metals exploration camp. Our program objectives are to delineate for drilling Noront Double Eagle look-alike targets plus participate in exploration work to follow up on the earlier work in the area, sufficient to define a much larger massive sulphide deposit that could be of interest to a senior mining company.

Billiken Management continues to manage the entire program. As we reported in May, a gravimetric surveying program was completed which identified a number of additional attractive targets, all with the potential to increase the two known partially drilled off, massive sulphide by several million tonnes. UC's summer work program commenced in June with additional geophysical surveying work, followed by a drill program to test the high priority targets. A successful flow-through financing earlier this year that raised $1.5 million provided the funding necessary to allow this work to proceed.

In light of the recent exploration news in the McFauld's Lake area, involving the exploration efforts of Noront Resources Ltd., this new discovery of nickel, copper and PGM mineralization in a peridotite has significant exploration ramifications to your Company's program. It provides much encouragement to the area, while supporting opinion, that this under-explored area of Northern Ontario will have many surprises as exploration progresses. It is management's opinion (based upon Billiken Management's and our joint venture partner's longevity and expertise in the area), that the Noront discovery may very well represent a magmatic cumulate style copper - nickel occurrence. This discovery by itself may very well set the stage for senior development companies to try to negotiate themselves in the area. Your Company is in an ideal position to deal with such interest.

The Company is presently participating in an airborne survey contract which was awarded to Aeroquest International Ltd. using its helicopter-mounted AeroTEM-2 system and anticipates a report in late December on phase one covering part of its area of interest with more results to follow in January for phase two & three. This is intended to culminate in a proposed drilling plan by Billiken Management on targets of interest which will focus on Noront Double Eagle look-alike signatures. In addition some staking of new claims has been completed by our partners and UC Resources has indicated their intention to participate in the new claims as per the option agreement. The company expects to have drill ready targets and commence a drill program during Q1 2008.

Exploration Update - Copalquin

UC's drilling efforts at Copalquin proceeded at a much slower pace than we originally anticipated, due to a number of mechanical issues with the Company owned drill that required frequent shutdown to repair. There were also delays in sourcing replacement parts and downhole consumables for the drill in Mexico. The property is somewhat remote and the terrain is challenging, nonetheless, we successfully completed a number of drill holes, and the regional exploration work continues in the area. We are however encouraged by the announced drill and assay results from the recent program on the La Soledad vein system.

A complete review of all data required for the mostly completed 43-101 has revealed some data gaps on the property package so the Company plans a 2 phase program over the coming months with phase one now almost completed. Phase one would include checking (lots of channel and character grab samples, maps, photos, pan down slope of any dumps, adits, etc.) all of the known showings through chip and grab sampling, and panning and taking -80 mesh silt samples along all the tributaries that drain the "older volcanics", plus precision surveying - probably GPS + reflectorless laser ranging. The purpose of this work will be to tie in all outcrops, showings, roads and trails etc. This data will finally allow us to produce crisp maps and sections and form the basis of the ongoing compilation work that has yet to be completed. The results of this work can then also be incorporated into the baseline 43-101 which is near completion and assist in phase two decisions.

Phase two will involve diamond drilling of the high grade La Soledad vein system and other newly defined targets. This should commence mid Q1 2008 and is anticipated to involve approximately 2000 metres of drilling. The drill intercept spacing in the type of low sulphidation gold/silver occurrence we are dealing with requires that pierce points be tightly spaced along strike and to depth. This detailed drill pattern is required for a compliant preliminary resource estimate. Once the drilling is well underway (10-15 pierce points), an independent engineering firm will be brought in to evaluate the resource as it stands, and provide a preliminary report on the resource size and grade. With the concentrations of gold (around 1 ounce per ton) and silver (around 100 ounces per ton) received in holes MP-06-07 and MP-07-001, it is now imperative to put in place a very rigorous QA/QC program, so that all requirements for a resource are met. The La Soledad occurrence represents just a small part of the total property area of interest that is controlled by your Company, but this is the most advanced discovery area so far and therefore it is important to document the potential that has been outlined so far. Management also plans to start a more extensive regional exploration program and follow-up previous drilling success at El Refugio and El Cometa zones.

In addition the Company is planning a much larger regional baseline exploration program which is still under discussion and design which is intended to exploit the sizeable 152,000 hectare land position presently controlled by UC.

La Yesca Production Update

The Company remains committed to achieving successful commercial production at its tailings operation at La Yesca as one of the key goals going forward. Although we have not yet commenced commercial production which was a target established for 2007, we have made many steps forward at La Yesca, and have achieved limited test production runs over short stints during the initial startup and commissioning of the new plant. However, no commercial volumes of precipitate have been produced as of yet.

Recent changes involved alterations to the milling and leaching equipment and enhancing the material flow and this is an ongoing process. In order to optimize the recovery of gold and silver, further additional experimentation with the metallurgical processes have been undertaken such as the grinding of the tailings, varying the concentration of the reagents to release and then capture the gold and silver from the tailings, adjusting the timing of the treatment cycle, as well as the installation of a much larger thickening tank to improve the recoveries. The Company has been running numerous tests at UC's new laboratory installation in Guadalajara.

UC has also undergone significant changes in our staff in Guadalajara/La Yesca, both in the office and at the mill site, in an effort to improve the quality and efficiency of our staff. UC has hired a new plant manager (Canadian), as well as new metallurgists support, a chemical engineer, and a new chemist to replace the previous plant manager and metallurgists that were initially on staff at La Yesca. With the addition of these new staff members, the test-work has progressed. The purchase of the necessary laboratory equipment is almost complete, including the addition of a new atomic absorption unit. With this latter addition to the lab, UC now will have the ability to complete its own chemical analysis at various points in the plant flow, in a much more timely and efficient manner. UC will no longer need to rely on outsourcing the analysis during this critical commissioning phase at La Yesca.

UC is anxious to advance to the commercial production level, but it is necessary to determine all of the variables in order to achieve the most efficient operation. To this end UC Resources has also retained the services of an outside process management consultant to further assist the new plant management team in completing the commissioning phase as soon as possible. The Company expects to commit further funds to this process but is confident that La Yesca will meet the original profit expectations the acquisition was based on.

La Dura Gold / Silver property Acquisition Update

The closing of the La Dura property acquisition has been delayed extensively due to negotiation to resolve outstanding debt on the property that was discovered as part of your company's legal due diligence on the property (land tenure checking). Although La Dura is still of interest to UC Resources due to the merits of the property as a potential gold/silver producer with infrastructure (mine and mill) already in place, it has been mutually agreed with the vendor of the project that the LOI is no longer binding given the time delays that have occurred. UC will keep shareholders apprised of any further developments with La Dura.

Recent events

Your Company also continues to review new property acquisition targets, both potential quick to production assets and pure exploration opportunities. We are also reviewing an existing asset the Mar property for a future drill program.

Your Company has recently experienced a very lengthy audit process much longer and more detailed than expected. This caused some delays in filing which unfortunately led to the stock being halted. We would like to apologize to our shareholders for this delay and assure all shareholders that your Company supplied material and answered all questions in an expedient and timely manner as should be expected. The audit process is driven by the auditors not the Company. The Company was aware that some changes were required to management controls prior to this audit and takes this process very seriously and is committed to making what changes it can to ensure this event is not repeated in the future. To this end we have retained new auditors who will work more closely with the Company.

With the closing of the recent private placement with PowerOne Capital Markets, the Company has the capital required to advance its numerous corporate objectives. Your board of directors and management team are committed to advancing the key projects forward and to enhancing shareholder value while maintaining active communication with its shareholders. I thank all of our shareholders for their patience and support as we work to achieve our strategic goals in 2008.

On behalf of the board of directors,

Gregory Roberts

Gary Monaghan

Jim Voisin

Michel Roy

Investors are invited to visit the UC Resources IR Hub at http://www.agoracom.com/ir/UCResources where they can post questions and receive answers or review questions and answers already posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to UC@agoracom.com where they can also request to be added to the investor e-mail list to receive all future press releases and updates in real time.

This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that the Company expects are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and those actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, Investors should review the Company's registered filings which are available at www.sedar.com.


The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.


NEWS - Freewest Partners With a Major Mining Company to Further Explore its Sungold Base-Metal Property, Northwestern Ontario
Posted by: AGORACOM on December 21, 2007 01:59PM


HIGHLIGHTS:
- Freewest signs agreement with Xstrata Copper on its Sungold property

- Xstrata Copper to spend $3,000,000 on exploration to earn a 51% interest and a cumulative 75% interest by spending up to $20,000,000 on, or completing a Feasibility Study on any or all parts of the property

MONTREAL, QUEBEC, CANADA--(Dec. 21, 2007) - Freewest Resources Canada Inc. (the "Corporation") (TSX VENTURE:FWR) today announces the signing of an agreement with Xstrata Copper ("Xstrata") whereby Xstrata may earn up to a 75% interest in the Corporation's Sungold base-metal property (the "Property"). The 100%-owned Property comprises 94 square kilometers or 49 mineral claims and is located 120 kilometres west of Thunder Bay in the Shebandowan greenstone belt of northwestern Ontario.

Under the terms of the agreement, Xstrata is required to spend $3,000,000 on exploration and make cash payments of $125,000 to Freewest over a 4-year period, to earn a 51% interest on the Property (the "Option"). In addition, Xstrata retains a Bump-Up Right enabling it to earn an additional 24% interest (75% cumulative), by completing a Feasibility Study with respect to all or parts of the Property or by incurring no less than Twenty Million Dollars ($20,000,000) in Feasibility Study Expenditures. Upon Xstrata having exercised its Bump-Up Right and becoming vested with a 75% interest in the Property, a Joint-Venture shall be formed with Xstrata having a participating interest of 75% and Freewest 25%. Should Xstrata exercise its Option but not exercise its Bump-Up Right, a Joint-Venture will be formed between the parties with Xstrata having a participating interest of 51% and Freewest 49%.

During the first year of the agreement, Xstrata is required to spend a minimum of $400,000 on exploration and will act as operator on the project.

THE SUNGOLD PROPERTY:


In early 2005, Freewest announced the discovery of high-grade volcanic-hosted copper-zinc sulphides at the Wye Lake occurrence at Sungold. Massive sulphides from the discovery outcrops yielded spectacular assays of up to 12.40% copper and 32.80% zinc. Trenching and diamond drilling have traced stringer-type, semi-massive and massive sulphide styles of copper-zinc mineralization over an intermittent 800 metre strike length. Initial diamond drilling intersected the Wye Lake horizon over widths of 2 to 10 metres, confirming the existence of excellent quality massive sulphides locally, but failed to define a commercial deposit within the area drilled. Highlighting the drill results are intercepts of 6.21% zinc over 4.43 metres, 1.22% copper over 5.78 metres, 5.09% zinc over 2.15 metres and 1.74% copper across 3.00 metres. Despite the modest drill results, exploration remains at a very early stage with drilling only being completed to shallow depths (less than 200 vertical metres).

The Wye Lake occurrence is of exceptional quality and occurs in similar age rocks that host the Geco, Winston Lake, Mattabi and South Bay base-metal deposits in northwestern Ontario. All of these deposits were of excellent grade and were profitable mines for numerous years.

In addition to the volcanic-hosted copper-zinc mineralization, Freewest also discovered an epigenetic style of copper-gold mineralization hosted within highly altered granitic breccia zones. Such zones are structurally controlled and have been traced over a 4.5 kilometre strike length and over widths of up to 400 metres. The breccias contain appreciable chalcopyrite and heavy magnetite as breccia filling while the clasts within it, are characterized by moderate to intense, sodic, hematitic and calcic alteration. Grab samples obtained from the breccias assay up to 6.30% copper and 15.0 g/t gold. Preliminary work and observations are suggestive of an iron oxide-copper-gold (IOCG) style of mineralization.

It is anticipated that Xstrata will complete initial ground geophysical surveys on the Property in preparation for diamond drilling programs slated for the winter or early spring of 2008.

Freewest management stated: "We are very pleased to have Xstrata Copper as a partner in furthering our exploration efforts on the Sungold property. Clearly, we have much to gain benefiting from their technical and financial expertise in exploring for and developing these deposit types."

Freewest is a well-funded mineral exploration corporation exploring for gold, base-metals and uranium in Eastern Canada. Corporate information on the Corporation and on its properties can be accessed on the Internet at www.freewest.com. Freewest's shares are listed on the TSX Venture Exchange under the symbol FWR.

Donald Hoy, P. Geo. (Ontario), Vice President of Exploration and a Director of Freewest Resources Canada Inc. is the Corporation's Qualified Person on the Sungold Property (under National Instrument 43-101) and is responsible for the preparation of this news release.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

For more information, please contact

Freewest Resources Canada Inc.
Mackenzie I. Watson
President and CEO
514-878-3551 or 1-888-878-3551
514-878-4427 (FAX)
info@freewest.com
www.freewest.com

http://agoracom.com/ir/freewest/messages/673501#message
Heute war ja in James Bay ganz schön was los !

Das war aber nur der Vorgeschmack (Gerüchte über BMK-Drilling), wartet erst mal ab, wenn hier wirklich weitere Funde neben Noront gemeldet werden, dann macht der "RING OF FIRE" seinem Namen alle Ehre.



http://finance.yahoo.com/q/cq?s=NOT.V,FWR.V,SPQ.V,KWG.V,UC.V…



Gruß,
Fantomas
Der Goldpreis macht Windfall immer wertvoller. Abseits der Double Eagle Phantasie entwickelt sich bei Noront ein richtiges Schätzchen meineserachtens.
2008 dürfte für Explorer und Juniors vermutlich ein goldenes Jahr werden. Substanz wird sich durchsetzten. Früher oder Später:D:D:D
Probe Mines Identifies Significant Ni-Cu-Ag-Co Soil Geochemical Anomalies on McFauld's West Project, James Bay Lowlands, Ontario



TORONTO, ONTARIO--(Marketwire - Jan. 14, 2008) - The Directors of PROBE MINES LIMITED (TSX VENTURE:PRB - News) are pleased to announce that geochemical results for a soil sampling program conducted in September 2007 on the Company's 100%-owned McFauld's West Project have been received and indicate significant anomalies in nickel, copper, cobalt and silver, as well as anomalous values in gold. The samples, comprising eight soil samples in a single 350m long profile coincident with the eastern of two magnetic anomalies on Probe's property, are located approximately one kilometer northwest of Noront Resources high-grade nickel-copper-platinum group element (PGE) discovery on their "Ring of Fire" project.
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The positive results from the soil program support the potential for nickel- and copper-bearing sulphide mineralization on the McFauld's West Project, and the property will be a focus for exploration in 2008.

Significant Nickel-Copper-Silver-Cobalt Anomalies

Within a 200m section of the profile, samples displayed highly anomalous values for nickel, copper, silver and cobalt with response ratios of up to 9.1, 36, 18 and 14.5 times background, respectively, while gold consistently showed values of 4 times background. The results suggest the potential of a buried, sulphide-bearing, mafic-ultramafic intrusive. In addition, results show a strong correlation between nickel and cobalt, while copper, silver and gold also parallel one another. This internal consistency to the data is encouraging as it indicates these elements, typically found in sulphide mineralized mafic-ultramafic intrusives, are traveling together and most likely derived from a unique source.

The samples were analyzed using the Mobile Metal Ion (MMI) technique, which has been shown to accurately locate buried mineral targets in boreal climates. Owing to the nature of the analytical technique, the metal concentrations are calculated as response ratios (times concentration above background), with response ratios of two (2) or more considered anomalous, and response ratios above five (5) considered significantly anomalous. Within the McFauld's data set a number of samples contain significantly anomalous ratios for nickel, copper, cobalt and silver and warrant immediate follow up.

The Company is now planning a ground geophysical program focused on the area containing the coincident geochemical and magnetic anomaly, as well as other geophysical anomalies identified from airborne geophysical surveys. This program will be followed by a diamond drilling program to test the anomalies.

The McFauld's area is receiving considerable attention with the discovery of high-grade nickel-copper-PGE mineralization by Noront Resources. The most recent drilling continues to intersect high-grade nickel-copper-PGE mineralization, with hole NOT07-18 returning 124m averaging 2.39% Ni, 1.09% Cu, 1.12 g/t Pt, 3.86 g/t Pd, 0.28 g/t Au and 3.89 g/t Ag, including an 18.8 meter massive sulphide mineralized interval grading 7.38% Ni, 3.18% Cu, 1.05 g/t Pt, 10.16 g/t Pd, 0.23g/t Au and 8.92 g/t Ag. With Probe's McFauld's West property located only 450m from the discovery zone, management is encouraged by the proximity to this significant discovery and believes there is a potential for this property to also host mineralization. Probe Mines has been established in the McFauld's Lake area since 2003 and also owns the nearby Tamarack property, under option to Mantis Minerals, as well as significant holdings to the east comprising the Victory Project. In addition to Noront's nickel-copper discovery, the McFauld's Lake area is host to numerous volcanic-hosted Cu-Zn discoveries, one of which is located on the Tamarack claims, and management believes the area has the potential to develop into Canada's next major mining camp.

Samples were collected in the field by Probe Mines and sent to SGS Laboratories in Toronto, Ontario where they were analyzed using the MMI-M5 package. David Palmer, Ph.D., P.Geo., is the qualified person for all technical information in this release.

About Probe Mines:

Probe Mines Limited is a Canadian base and precious metal exploration company with a portfolio of highly prospective mineral properties. The Company is currently focused on the McFauld's Lake area where it owns 931 claims covering almost 15,000 hectares. This includes a 100% interest in the McFauld's West Project, comprised of 12 claims (192 hectares) situated less than 450 metres from the site of Noront's significant new nickel-copper discovery, representing one of the closest properties to the discovery. Probe currently has joint venture agreements on its Bristol Township gold project (West Timmins Mining Inc.) and Tamarack base metal project (Mantis Minerals Corp.). The Bristol Project is adjacent to the million-plus ounce gold deposit owned by Lake Shore Gold Corp., which has recently announced a positive pre-feasibility study for the project. Probe also maintains a 5% net smelter royalty on a portion of Agnico Eagle's Goldex Mine near Val d'Or, Quebec, slated for production in 2008. The company's shares trade on the TSX Venture Exchange under the symbol PRB.

Investors are invited to visit the Probe Mines IR Hub at http://www.agoracom.com/IR/Probemines where they can post questions and receive answers or review questions and answers already posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to PRB@agoracom.com where they can also request to be added to the investor e-mail list to receive all future press releases and updates in real time.

Forward-Looking Statements

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This News Release includes certain "forward-looking statements". All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of Probe, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially form those anticipated in such statements. Important factors that could cause actual results to differ materially from Probe's expectations are exploration risks detailed herein and from time to time in the filings made by Probe with securities regulators.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.



Contact:
David Palmer, Ph.D.
Probe Mines Limited
President
(416) 777-6703

Karen Willoughby
Probe Mines Limited
Investor Relations
1-866-365-4724
Website: www.probemines.com

Source: Probe Mines Limited


http://biz.yahoo.com/ccn/080114/200801140435870001.html?.v=1


National Post

Interesting find at McFauld's Lake

Posted: January 14, 2008, 1:00 PM by Peter Koven

Mining

The whole mining world got excited last year when an old junior called Noront Resources Ltd. made an amazing high-grade nickel-copper discovery at the McFauld's Lake camp in Northern Ontario. A bunch of other juniors started staking out all the land they could find, and McFauld's looked like it could be the next big Canadian area play. But the stocks have lagged lately as investors wait to see how big the discovery actually is and whether any of the other juniors find something significant.

One of those juniors is Probe Mines Ltd., and the Toronto-based company got investors excited on Monday when it said a soil sampling program at McFauld's identified "significant" anomalies in nickel, copper, cobalt, and silver. The samples came from a 350-metre space about one kilometre northwest of Noront's big find.

Probe shares shot up 40% in morning trading, and the company noted the property will be a "focus for exploration" in 2008. No kidding.

Peter Koven


http://www.stockhouse.com/bullboards/viewmessage.asp?stat_nu…

Das ist der derselbe Peter Koven , der durch eine gezielte Falschmeldung , massgeblichen Anteil am Rückgang des Kurses von NORONT hatte !

gruss mike
Anbei der Link zu #96 , hört sich ja ganz positiv an , vielleicht hilft`s , P.K. hat auch noch eine Menge gutzumachen , obwohl ich nicht daran glaube .

Interesting find at McFauld's Lake
Posted: January 14, 2008, 1:00 PM by Peter Koven


http://network.nationalpost.com/np/blogs/fpposted/archive/20…
Antwort auf Beitrag Nr.: 33.050.010 von mike32 am 15.01.08 10:26:08Hi Mike,

nun Probe in einer Entfernung von 1 km nordöstlich von Noronts Double Eagle.

Mr Koven scheint es zu dämmern, daß die vermutete strike lenght nach Süden von 2 bis 5 km auf Norontgebiet auch stimmen könnte. Zwar ist noch nichts bewiesen, aber die Wahrscheinlichkeit nimmt zu.

Da eine Verbindung von Double Eagle und dem Fund von Probe anzunehmen ist, wird auch NOTs Gesamttonnage nach Nordwesten hin zunehmen. ;);)
MacDonald Mines Completes First Phase of Drill Program at McNugget and Joint Venture Properties With Temex Resources and Hawk Uranium
Monday January 21, 8:00 am ET





TORONTO, ONTARIO--(Marketwire - Jan. 21, 2008) - MacDonald Mines Exploration Ltd. (TSX VENTURE:BMK - News; "MacDonald Mines" or the "Company") is pleased to announce the completion of its Fall 2007 drill program at the McNugget and Hornby Properties in the James Bay Lowlands.

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A total of twelve diamond drill holes, totaling 2,067 metres have been completed. The Company chose these targets from a large number of high quality airborne anomalies identified from the previous airborne survey. The Temx-Baltic JV Property with the exception of targets close to the Noront discovery await the results from the current airborne survey.

The following synopsis offers an analysis of each hole drilled.

The McNugget Property, which is 100% owned by the Company, accounted for 5 holes, totaling 634 metres. The MacDonald - Hawk Uranium joint venture property accounted for 5 holes totaling 1,089 meters while the Hornby Property (50% owned by MacDonald Mines in a joint venture with Temex) consisted of 2 holes totaling 344.metres.

Drilling on the 100% owned McNugget Property tested 5 separate targets.

Target N-1 (MacDonald-Temex) displayed a strong magnetic signature with a weak but coincident airborne EM response. Ground surveys confirmed this geophysical signature and drill hole MN07-46 tested the anomalous zone. It encountered peridotite throughout its 170 meter length. The magnetic response is caused by finely disseminated magnetite while the EM response is believed to be caused by very finely disseminated sulphides that carry elevated nickel values throughout its length. Assays are pending.

Target N-2 (MacDonald-Temex) displayed a weak to moderate isolated AEM response with a coincident magnetic response. Drill hole MN07-48 intersected gabbro throughout its length. The magnetic response was caused by disseminated magnetite while the EM response is believed to be caused by sulphide stringers seen from 24 to 63 meters. No assays of economic interest were returned.

Target N-30 (MacDonald-Hawk J.V.) displayed a series of weak to moderate AEM anomalies over a strike length of 900 meters that had a coincident magnetic anomaly associated with it. Drill hole MN07-49 encountered gabbro throughout its 213 meter length. Disseminated to massive magnetite over short intervals explained the magnetic anomaly while fracture filled sulphides accounted for the EM response. No assays of economic interest were obtained from extensive sampling.

Target N-32 was defined over a strike length of 2.4 kilometers displaying AEM anomalies that are ranked from weak to very strong. The EM responses are interpreted to be caused by massive sulphides. Hole MN07-47 intersected felsic volcanic rocks hosting massive sulphide from 68.4 to 70.5 meters and stringer sulphides from 70.5 to 84.6 meters. Complete assay results are pending.

Target N-34 appeared to be on the same stratigraphic horizon as Target N-30. It displayed a weak AEM response with a coincident magnetic anomaly. Hole MN07-50 intersected gabbro and anorthosite along with felsic intrusive rocks. Massive magnetite was intersected over widths varying from 0.4 to 2.6 meters within the gabbro and anorthosite. Sulphides occupying fractures explains the EM response. There were no assays of economic interest returned.

Target N-23 was defined over a strike length of 2.0 km with individual EM anomalies ranging from weak to very strong. Gabbro was encountered through the length of Hole MN07-52. Assays are pending.

Target N-25 was tested with three drill holes. The target is defined over a strike length of 1000 meters with AEM responses varying from weak to strong. Hole MN07-39 that intersected 0.36% Ni over 4.5 meters and 0.26% Ni over 27.0 meters previously tested this anomaly. Holes MN07-51 and 53 (MacDonald-Hawk J.V.) tested a strong ground EM response and intersected a sequence of gabbro and granite. However, the EM anomaly was not explained by either hole and further study is required. Assays are pending. Hole MN07-54 (MacDonald-Hawk J.V.) tested the anomaly a further 100 meters to the NE but again the EM anomaly is not adequately explained. Assays are pending.

Hole MN07-55 (MacDonald-Hawk J.V.) tested target N-26 which exhibits a strong AEM response with a coincident magnetic anomaly. The hole intersected gabbro and minor granite throughout its length. Disseminated magnetite was encountered over significant core widths. Sulphide stringers explain the EM response. Assays are pending.

Holes H-07-01 and 02 tested EM anomalies on the Hornby Property that is located approximately 6 km to the east from the Noront discovery. Ground EM surveys defined a strong response with a coincident magnetic anomaly. The hole intersected banded to semi-massive to massive sulphides mostly in the form of pyrite and pyrrhotite over approximately 15 meters, hosted by metasediments. Assays are pending.

Hole H-07-02 tested an EM anomaly further to the east of H07-01 which also displayed a moderate magnetic anomaly. The hole intersected tuff and chert throughout its length. Sulphide bands of pyrite and pyrrhotite were reported over a 20 meter interval of tuff. Assays are pending.

The Company is eagerly anticipating the remainder of the laboratory results so that it can complete its geological analysis and begin field work in preparation for the next drill campaign at the McNugget and its other joint venture properties which will commence in the first quarter of 2008. Once the Company has received the final assay results from the 2007 program, they will be published.

Kirk McKinnon, President and CEO of MacDonald Mines, commented:

"The drill results to date are encouraging and we continue to intersect mineralization in most of the holes, confirming our belief that the Company is exploring in a highly mineralized belt."

"We are very pleased to announce that a major drill program on MacDonald and Joint Venture ground with Temex Resources, Baltic Resources and Hawk Uranium will commence in February. We will be moving a second drill into the area in early March and anticipate that MacDonald Mines along with 5 or 6 other companies will be fully engaged in winter/spring drill programs."

"We anticipate that the current airborne survey will produce multiple geophysical targets on both the MacDonald Mines and Joint Venture ground. Equally important to note, MacDonald Mines still has very good targets on the McNugget, Big Mac and the Joint Venture Property with Hawk Uranium that were identified from its previous airborne survey and still must be drill tested."

"Our airborne geophysical surveying, after some initial delays, is now utilizing three helicopter-borne systems, two from Fugro and one from GeoTech, in order to make up for lost time in the latter part of 2007. This data is currently being processed and we are confident that we will have a significant number of high priority targets to do follow-up work. Immediately after the receipt of the remaining analysis of core samples, Bill Nielsen P.Geo., Director will prioritize the geophysical targets. This will be followed by line cutting of control grids and ground geophysics with testing of priority targets by diamond drilling following immediately thereafter."

"It should be noted as well, that the total area is being blanketed by airborne geophysical surveys that will fly, in our estimation, in excess of 60,000 line kilometres. Equally important is the fact that these surveys will all be flown at 100 meter spacings and consequently, the data will be excellent and target selections will be generated from very high quality information."

"We continue to look to Noront's success and anticipate that MacDonald Mines and the many other companies exploring in the area will encounter drilling success to augment Noront's very significant nickel/precious metal discovery. In my view, the next six months will be very telling as I would estimate in the excess of 70 drill holes from all companies involved will explore their most promising targets."

Core samples have been sent to, and assays will be completed by ALS Chemex in Thunder Bay. Reference standards and blanks were inserted into the sample streams as part of a QA/QC program to ensure accurate results.

For an updated claim map of all mining and exploration activity in the James Bay Lowlands as provided by Intierra Mapping, please visit our website at www.macdonaldmines.com and click on the thumbnail "January 2008 McFauld's Lake Claim Map".

This news release has been prepared under the supervision of Bill Nielsen, P.Geo., Director, who is the designated qualified person for the technical information contained in this press release.

Field exploration is managed by Randall Salo, P.Geo., in consultation with Bruce Durham, P.Geo. of Temex Resources Corp. as it pertains to the MacDonald Mines-Temex Joint Venture Property.

WARNING: The statements made in this news release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from expectations and projections set out herein.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.



Contact:
Brent Nykoliation
MacDonald Mines Exploration Ltd.
Director, Business Development
1-800-818-5442 or (416) 364-4986

J. A. Kirk McKinnon
MacDonald Mines Exploration Ltd.
President and CEO
1-800-818-5442 or (416) 364-4986

Richard Schler
MacDonald Mines Exploration Ltd.
Vice President & CFO
1-800-818-5442 or (416) 364-4986
(416) 364-2753 (FAX)
Email: info@macdonaldmines.com
Website: www.macdonaldmines.com


--------------------------------------------------------------------------------
Source: MacDonald Mines Exploration Ltd.

http://biz.yahoo.com/ccn/080121/200801210437295001.html?.v=1
Hallo Mike,

ich stelle den Artikel hier der Vollständigkeit halber auch mal rein:





http://biz.yahoo.com/iw/080129/0354017.html


Investorideas.com Reports on Resource Companies in the McFaulds Lake Area -- the Next Big Base Metal Play?


Tuesday January 29, 9:00 am ET


Who's on Base?... Noront Resources Ltd, MacDonald Mines Exploration Ltd., Hawk Uranium Inc., KWG Resources Inc., Spider Resources Inc. and a Growing List of Juniors


POINT ROBERTS, WA and DELTA, BC--(MARKET WIRE)--Jan 29, 2008 -- www.InvestorIdeas.com, a leading global investor and industry research resource portal covering mining stocks, reports on the McFaulds Lake Area, a highly followed base metal play. The McFaulds "Ring of Fire" will be one of the plays discussed in the third Investor Ideas online investor mining conference to be held February 27, 2008, themed: "The Global Hunt for Commodities - Finding the Next Big Play in Mining Stocks."

In a volatile market, investors continue to speculate on one of the hottest potential mining plays to come around in a while and the juniors are lining up to follow the money.

A growing number of resource companies have joined Noront Resources Ltd (CDNX:NOT.V - News) in the McFaulds Lake "Ring of Fire" area including : MacDonald Mines Exploration Ltd. (CDNX:BMK.V - News), KWG Resources Inc. (Market, News), Spider Resources (Market, News) and Hawk Uranium Inc. (CDNX:HUI.V - News).

Hawk Uranium Inc. (CDNX:HUI.V - News) will be one of many publicly traded mining companies presenting with leading industry resource experts, in the upcoming Investorideas.com online investor conference.

Hawk's President Vance White commented regarding their McFaulds properties, "We are very pleased to have an opportunity to be part of the McFaulds 'Ring of Fire' play by participating with the two major players in the area. We have had a long standing relationship with the principals of both Noront and MacDonald. Both companies have excellent management teams and exploration personnel."

"I believe that the Noront discovery will become a very significant discovery and the McFaulds district; a significant new mining district. This entire play will evolve over the next few years. One must remember that this area of Northern Ontario is a very under explored area and with the advent of modern geophysical techniques and equipment a number of new discoveries could well come out of the area. Also with the construction of the road into the DeBeers Victory diamond mine one will have greater and easier access to the area."

Brent Nykoliation, Director of Business Development, MacDonald Mines Exploration (CDNX:BMK.V - News), noted, "We are very pleased to announce that a major drill program on MacDonald and Joint Venture ground with Temex Resources, Baltic Resources and Hawk Uranium will commence in February. We will be moving a second drill into the area in early March and anticipate that MacDonald Mines along with 5 or 6 other companies will be fully engaged in winter/spring drill programs."

He went on to say, "We anticipate that the current airborne survey will produce multiple geophysical targets on both the MacDonald Mines and Joint Venture ground, Equally important to note, MacDonald Mines still has very good targets on the McNugget, Big Mac and the Joint Venture Property with Hawk Uranium that were identified from its previous airborne survey and still must be drill tested."

In any sector -- it's wise to research who is investing the "smart money." In the center of this play is IBK Capital Corp. of Toronto, who has provided private placements for several of the key players, starting with Noront Resources: $35 million, in addition to MacDonald Mines: $10.5 million, Hawk Uranium: $2 million, Spider Resources: $2.76 million and Seafield Resources: $0.85 million. IBK continues to raise funds for other companies active on the Ring.

According to Michael White, Vice President of IBK Capital, "Noront's Eagle One deposit is a world class nickel-copper-platinum-palladium discovery. Results to date are very encouraging and warrant substantial follow-up by Noront and others in this area now dubbed the Ring of Fire. The Ring of Fire is three times the size of the Sudbury Basin and will require considerable funding for exploration going forward. The combined budgets of companies exploring on the ring already total $60 million for 2008 and we believe $250 million will be spent on exploration over the next five years. We are delighted to be involved with this world class discovery and pleased to provide investment banking services to strong management teams committed to the area. To date we have raised over $50 million dollars for companies active on the Ring of Fire."

The Company that made the area known to investors, Noront Resources Ltd., is also the most aggressive in the area, reports the company.

According to Noront's President, Richard Nemis, "Many investors and Mining Analysts have indeed compared Noront's Eagle One Nickel-Copper-PGE discovery to other significant historical mining plays in Canada, including; Voisey's Bay and Hemlo. This project, although only a few months old, has already attracted the attention of many new investors while rewarding old investors for their support of Noront over many, many years. The discovery has raised the eyebrows of many senior explorers that are watching from a distance, the developing exploration play by many 'Bay Street juniors' as these company's assemble strategic land positions around the Ring of Fire. This comparison is likely due to the market attention, as well as the staking rush that has happened over the past 3 or 4 months in this isolated region of Northern Ontario, however the comparison is not likely to do with the geology of these two world class mining projects, as the geology of the Eagle One occurrence is quite different from that of Hemlo or Voisey's Bay. Eagle One is a magmatic massive sulphide, bearing some genetic similarities to Voisey's Bay, however, Eagle One has quite high levels of Platinum and Palladium along with the high nickel and copper content, the likes of which are not seen in Voisey's Bay Cu-Ni-Co deposits. Noront would compare the geology and mineralization to that of the many Ni-Cu-PGE occurrences and deposits (including Xstrata's Raglan deposit) in the Ungava Region, Northern Quebec, where similar grades of these base and precious metals are found."

"Noront is currently the most aggressive company in the area with respect to drilling, geophysical surveying, and land acquisition (staking claims and optioning properties that have been assembled or maintained by other explorers in the area). Noront is looking at the Double Eagle project as a regional play, has commenced a region wide airborne survey, the scope of which will rival those done in the past in the other historical areas mentioned above. Based upon information from this survey, Noront will be prioritizing anomalies for ground geophysical and drill test follow-up, starting in early 2008. The drilling will continue on the Eagle One occurrence and in its immediate surrounds, until this occurrence is understood well enough to prepare a preliminary resource estimate. Eagle One will be used as a model by Noront, to look for other look alikes in the immediate vicinity, and as such, the detailed geophysical and geochemical signatures from our ground work will be kept confidential and in-house. This will provide an exploration advantage to Noront in the area over the some of the competition that is new to the area, perhaps prompting others to join forces (JV) with Noront. Noront anticipates a very aggressive exploration campaign throughout 2008 that will hopefully translate into an increase in the shareholder value in the company."

Another name in the "Ring" is Pinetree Capital, (Market, News) who has purchased shares of several junior mining companies exploring the McFaulds Lake, including Noront Resources and MacDonald Mines Exploration.

Other companies with properties in the area include Fancamp Exploration Ltd., Goldeye Explorations Limited, 50:50% Joint Venture Partner, Tribute Minerals Inc and Probe Mines.

For investors following the McFaulds play, follow the leader, Noront, for results and follow the money to see if further capital is invested in the area. Time will tell if this is another historic mining play in Canadian history.

The upcoming online mining conference, "The Global Hunt for Commodities - Finding the Next Big Play in Mining Stocks," is free to investors with registration.

http://www.investorideas.com/Forums/Portals/resources3.aspx

About InvestorIdeas.com:

InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing. About our Mining Portals: www.Gold-MiningStocks.com and www.MiningSectorStocks.com, portals within the InvestorIdeas.com content umbrella feature industry and stock news, exclusive articles and financial columnists, Podcasts, investor conferences and a directory of stocks in the sector. Industry participants are invited to submit news, articles and research:

http://www.gold-miningstocks.com/NewsUploader/Submission.aspx

Disclaimer: www.InvestorIdeas.com/About/Disclaimer.asp. Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. The site is compensated by featured companies, news submissions and online advertising. Conference Disclaimer: InvestorIdeas.com is paid a one-time fee of $1000, by participating public companies. All descriptions are provided by participants. All companies agree to adhere to regulatory policies



Contact:
For more information contact:
Dawn Van Zant:
800-665-0411
Email Contact



Gruß,
Fantomas
Antwort auf Beitrag Nr.: 33.208.621 von Fantomas96 am 29.01.08 23:54:43Goldeye Explorations & Tribute Minerals Increase Land Holdings in the James Bay Lowlands 'Ring of Fire'
1/30/2008

TORONTO, ONTARIO, Jan 30, 2008 (MARKET WIRE via COMTEX News Network) --
Tribute Minerals Inc. ("Tribute" or the "Company") (TSX VENTURE: TBM) is pleased to announced that the Tribute and Goldeye Explorations Limited ("Goldeye") Joint Venture has increased its land holdings in the James Bay Lowlands 'Ring of Fire' region, where Noront Resources has made a significant Nickel, Copper, Gold, & Platinum Group Mineral discovery. The JV land interests have now reached 24,000 Acres.

Goldeye and Tribute are pleased to announce that they continue to expand their already significant land package in the 'Ring of Fire', most recently adding a further 16,000 acres to the previously announced 8,000 acres for a total of 24,000 acres. Staking in the area continues as the JV focuses its efforts on an area with a significant structure exhibiting a 90 degree flexure on the western end of the "Ring of Fire". Magnetic anomalies similar to that associated with the Double Eagle Ni/Cu/PGM discovery have been targeted within this flexure. The properties acquired are in the vicinity of, or contiguous with, MacDonald Mines original MacNugget property.

Further information will be forthcoming in a timely manner as the Company follows the established protocol in the region.

Blaine R. Webster, P. Geo., President and CEO of Goldeye, and William S. Hamilton, P. Geo., geological consultant, are the qualified persons as defined by National Instrument 43-101 who supervised the preparation of the technical information contained in this press release.

For further information please contact Goldeye at 905-886-2538 or Tribute at 416-368-2929.

The Company currently has 75,654,397 common shares issued and outstanding.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contacts: Tribute Minerals Inc. Ian Brodie-Brown President and C.E.O (416) 368-2929 (416) 601-1450 (FAX) Email: info@tributeminerals.com Website: www.tributeminerals.com

SOURCE: Tribute Minerals Inc.

mailto:info@tributeminerals.com http://www.tributeminerals.com


http://www.stockhouse.com/news/news.asp?newsid=6322587&tick=…

Habe doch gesagt , das da was im Busch ist ! RN wird`s schon machen ! ;););)

gruss mike
Probe Mines Commences Fieldwork on Its McFauld's West Project, James Bay Lowlands, Ontario
Wednesday January 30, 7:00 am ET



TORONTO, ONTARIO--(Marketwire - Jan. 30, 2008) - The Directors of PROBE MINES LIMITED (TSX VENTURE:PRB - News) are pleased to announce that fieldwork has commenced on the Company's 100%-owned McFauld's West Project, located immediately north of Noront Resources' high-grade nickel-copper-platinum group element (PGE) discovery in the McFauld's Lake area. Fieldwork will consist of grid establishment followed by a ground geophysical survey employing Insight Geophysics' deep penetrating Resistivity/Induced Polarization system. The Insight survey will have an effective depth penetration of up to 400 metres, and will cover two priority magnetic anomalies identified on Probe's claims.
ADVERTISEMENT


One of these magnetic targets has a coincident nickel-copper-cobalt-silver-gold soil geochemical anomaly recently delineated by Probe. The soil geochemical survey returned a consistent anomalous profile of base and precious metal response ratios of up to 9.1, 36, 18 and 14.5 times background, for nickel, copper, silver, cobalt respectively, while gold consistently showed values of 4 times background. The Mobile Metal Ion (MMI) technique employed for the analysis considers values of 2 anomalous and values of 5 significantly anomalous.

The program is expected to be completed in February and is designed to identify zones of anomalous conductivity and/or polarization for the upcoming winter drill program. The geophysical survey will be read as an initial gradient survey, which will be used to identify areas for the deep-penetrating Insight sections. The Insight technique uses a proprietary IP array providing high-density readings and better resolution of the IP/Resistivity signature than traditional surveys. This will allow more accurate target location for the drilling program.

Owing to the presence of coincident magnetic and geochemical anomalies, management believes this ground geophysical program will be effective in evaluating the potential of the property to host magmatic massive sulphide mineralization (and/or disseminated mineralization) similar to that discovered by Noront Resources.

The McFauld's area is receiving considerable attention with the continuing reports of high-grade nickel-copper-PGE mineralization on Noront Resources Eagle One property. The most recent drilling intersection returned the highest grade material to date averaging 6.25% nickel, 2.75% copper, 1.85 g/t platinum, 10.23 g/t palladium, 3.0 g/t gold and 10.3 g/t silver over 46.6 meters. Located only 450m from the Eagle One zone, management is encouraged by the proximity of the McFauld's West property to this significant discovery and believes there is a strong potential for the property to also host mineralization. Probe Mines has been established in the McFauld's Lake area since 2003 and also owns the nearby Tamarack property, under option to Mantis Minerals, as well as significant holdings to the east comprising the Victory Project. In addition to Noront's nickel-copper discovery, the McFauld's Lake area is host to numerous volcanic-hosted Cu-Zn discoveries, one of which is located on the Tamarack claims, and management believes the area has the potential to develop into Canada's next major mining camp.

About Probe Mines:

Probe Mines Limited is a Canadian base and precious metal exploration company with a portfolio of highly prospective mineral properties. The Company is currently focused on the McFauld's Lake area where it owns 931 claims covering almost 15,000 hectares. This includes a 100% interest in the McFauld's West Project, comprised of 12 claims (192 hectares) situated less than 450 metres from the site of Noront's significant new nickel-copper discovery, representing one of the closest properties to the discovery. Probe currently has joint venture agreements on its Bristol Township gold project (West Timmins Mining Inc.) and Tamarack base metal project (Mantis Minerals Corp.). The Bristol Project is adjacent to the million-plus ounce gold deposit owned by Lake Shore Gold Corp., which has recently announced a positive pre-feasibility study for the project. Probe also maintains a 5% net smelter royalty on a portion of Agnico Eagle's Goldex Mine near Val d'Or, Quebec, slated for production in 2008. The company's shares trade on the TSX Venture Exchange under the symbol PRB.

Investors are invited to visit the Probe Mines IR Hub at http://www.agoracom.com/IR/Probemines where they can post questions and receive answers or review questions and answers already posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to PRB@agoracom.com where they can also request to be added to the investor e-mail list to receive all future press releases and updates in real time.

To find out more about Probe Mines Limited, visit our website at www.probemines.com.

Forward-Looking Statements

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This News Release includes certain "forward-looking statements". All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of Probe, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially form those anticipated in such statements. Important factors that could cause actual results to differ materially from Probe's expectations are exploration risks detailed herein and from time to time in the filings made by Probe with securities regulators.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.



Contact:
David Palmer, Ph.D.
Probe Mines Limited
President
(416) 777-6703

Karen Willoughby
Probe Mines Limited
Investor Relations
1-866-365-4724
Website: www.probemines.com



Source: Probe Mines Limited




http://biz.yahoo.com/ccn/080130/200801300439017001.html?.v=1


Southampton Announces Initial Share Issuance under Option Agreement with Noront Resources Ltd.

TORONTO, ONTARIO--(Marketwire - Feb. 1, 2008) - Southampton Ventures Inc. (TSX VENTURE:SV) ("Southampton") announces that it has issued 266,667 common shares to Noront Resources Ltd. ("Noront") pursuant to their previously announced option agreement (the "Agreement"). The common shares represent the initial payment due under the Agreement toward the earning by Southampton of a 50% interest in 12 claim blocks (covering a total of 168 units or approximately 6,720 acres) in the "Ring of Fire", McFauld's Lake, Ontario, approximately 25 km. northeast of Noront's Eagle One discovery.

The common shares are subject to a four-month hold period which will expire on June 1, 2008.


ABOUT SOUTHAMPTON

Southampton is a mineral exploration company focused on the acquisition, exploration and development of properties for the mining of nickel, molybdenum, uranium and other minerals, through its 95% ownership of the Horden Lake Copper-Nickel Deposit in Quebec, its option to earn up to a 100% interest in the Devonian shale hosted nickel-molybdenum-zinc-platinum group elements property known as the NiMo Project located in the Yukon and its Nigerien uranium concessions.

For further information please visit Southampton at www.southamptonventures.com.


The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

For more information, please contact

Southampton Ventures Inc.
Mr. Richard Patricio
Corporate Secretary
(416) 941-1071
Email: richardpatricio@southamptonventures.com

or

Southampton Ventures Inc.
Ms. Julie Lassonde-Gray
VP Corporate Development
(604) 697-6254
Email: lassondegray@southamptonventures.com
Website: www.southamptonventures.com



http://www.marketwire.com/mw/release.do?id=816599
Hi BWK ,

Deine Entscheidung bzgl. SPQ , wir immer richtiger !

good set of eyes”...
Posted by: kelsee on February 02, 2008 03:20PM


I have a challenge to any Spider investor out there with a little time on their hands and a “good set of eyes”, using the map below (taken from the Noront website) count up the number of claim blocks SPQ holds in all with their JV partners, following the color codes provided in the legend,


1) SPQ/UC/KWG

2) SPQ/FWR/KWG

3) SPQ/KWG/Renforth (symbol pending)

4) SPQ/KWG








…I think we all know that Noront is the largest holder of prime real estate in the James Bay Lowlands, but who is #2 or 3, you will also have to count up who you think will be a contender, actually, who are the top three holders….my eyes are going wacky, I couldn’t do this today. I hope somebody takes this on, would be great to know this for sure… and as always, to all SPQ hubbers, best… kelsee

http://www.agoracom.com/ir/Spider/messages/717089#message

gruss mike
Claimnumbers for Spider and JV's
Posted by: Helium on February 02, 2008 06:28PM


Freewest / Spider / KWG Resources JV 3008268 ...


http://www.agoracom.com/ir/Spider/messages/717176#message



good set of eyes”...
Posted by: Helium on February 02, 2008 05:35PM

Northern Shield Resources 319
Noront Resources 259
Temex Resources 147
Temex / MacDonald JV 138
UC / Spider / KWG Resources JV 133
Aurora Platinum Corporation 115
Metalex Ventures 100
MacDonald Mines 99
Trigon Uranium Corp. 89
Probe Mines / Canstar Resources 74
Thomas Roger, Dudley 68
James Bay Resources Ltd 48
Alberta Ltd. 45
Goldey / Tribute 40
Baltic Resources 39
Greenstone Exploration Ltd. 26
Noront Resources / WSR Gold JV 26
Renforth / Spider / KWG Resources JV 25
Spider / KWG Resources JV 25
Noront Resources / Southampton JV 12
Noront Resources / Hawk Uranium 10
Vale Inco Ltd. 8
Hawk Uranium 7
Freewest / Spider / KWG Resources JV 5
Fancamp Exploration 4
Freewest Resources 4

can also give you for each number every single claimnumber, its UTM location, history, etc...

The data is based on the different maps posted on the websites of the companies involved and the information obtained from the website of the Ontario Ministry of Northern Development of mines.

For the last couple of weeks I gathered all the information possible on every DE player (20) and put it into a database (excel-file). It is near completion and I will try to post it on Agoracom. BTW, anyone know how to put a file (word, excel...) other than Jpeg on the forum?

What to expect:

for each company, all the newsreleases of the last couple of years ( for some going back to 2000).

A newly constructed map, based on the information from Ontario's Ministry, fully accessible with all the features of excell (search specific claim, zoom in/out, editable,...)

A list of all the claimholders with the claims, each claim is a hyperlink dat redirects you directly to the website of Ontario, to see it's history (holder, staker, handover,...).

The purpose of the database is to make it interactive. When, in the near future, 10 to 15 drills are turning on McFaulds and news on assays is flowing in, i think it will become necessary to put it all together in a single file, for easy access.
Enough for now, more to come

Helium

http://www.agoracom.com/ir/Spider/messages/717145#message
Antwort auf Beitrag Nr.: 33.255.654 von mike32 am 03.02.08 19:24:18Hallo Mike,

die Anzahl der Claims ist nicht so entscheidend wie das mögliche Potential eines ökonomischen Fundes.

Ich glaube, die Auswertung der neuen AeroTEMS wird zeigen, wer hier auf "wertvollem" Land sitzt.

Und ich glaube, einige werden sich freuen können bzw. freuen sich jetzt schon.

P.S.: Was soll die rote Linie in der von Dir geposteten Karte ? Könnte ein interessanter Hinweis sein ?!

Gruß,
Fantomas
Antwort auf Beitrag Nr.: 32.093.184 von Fantomas96 am 20.10.07 13:58:40


http://biz.yahoo.com/ccn/080204/200802040439969001.html?.v=1


KWG, Spider and Freewest Start Winter Exploration Program McFauld's Lake Area, Northern Ontario

Monday February 4, 9:23 am ET


TORONTO, CANADA--(Marketwire - Feb. 4, 2008) - KWG Resources Inc. (TSX VENTURE:KWG - News) and Spider Resources Inc. (TSX VENTURE:SPQ - News) and Freewest Resources Canada Inc. (TSX VENTURE:FWR - News) are pleased to announce the start up of their 2008 winter exploration program on the Freewest option property (the "Property"), located approximately 15 kilometres southwest of the McFaulds Lake volcanogenic massive sulphide ("VMS") occurrences of KWG and Spider and approximately 3.6 kilometres northeast of Noront Resources Ltd.'s Eagle One Magmatic Massive Sulphide ("MMS") discovery in the James Bay Lowlands region of Northern Ontario.

The joint venture partners (KWG and Spider) last completed field work on this property in 2006, that included a diamond drill program resulting in the discovery of a layered chromitite-bearing, nickel-enriched peridotite (See press release dated March 7, 2006). Assay results received later (see press release dated June 29, 2006) confirmed that the layering within this peridotite was enriched in chrome and nickel, as well as Platinum Group Elements ("PGE's"). The 2006 winter exploration program was highlighted by the discovery of two massive chromitite layers hosted within peridotite, encountered while drilling ground geophysical anomalies targeting volcanic-hosted massive sulphide deposits (drill hole FW-06-03). The drilling returned the following assays:

----------------------------------------------------------------------
Upper Chromitite Layer Lower Chromitite Layer
----------------------------------------------------------------------
22.70% chrome, 0.17 g/t 23.70% chrome, 0.21 g/t
platinum, 0.24 g/t palladium platinum, 0.46 g/t palladium
over 1.05 metres(1) over 0.60 metres(1)
----------------------------------------------------------------------

(1) Assays performed by ALS Chemex of Vancouver, B.C. utilizing multi-acid
ICP techniques for low and higher grades on samples selected, bagged
and tagged and sent by bonded courier to the lab, under the supervision
of Howard Lahti Ph.D. P.Geo. of Fredericton New Brunswick.


Subsequent re-analyses of selected samples and some additional assaying of the drill core from the 2 chromitite layers and intervening wall rock in the peridotite was later completed by Actlabs. The analyses yielded the following results:




----------------------------------------------------------------------
Upper Chromitite Layer Lower Chromitite Layer
----------------------------------------------------------------------
23.40% chrome, 0.19 g/t 18.60% chrome, 0.23 g/t
platinum, 0.21 g/t palladium, platinum, 0.48 g/t palladium,
0.32 g/t ruthenium, 0.05 g/t 0.30 g/t ruthenium, 0.05 g/t
rhodium, 0.12% nickel rhodium, 0.13% nickel
over 1.03 metres(2) over 0.85 metres(2)
----------------------------------------------------------------------

(2) Assays performed by Actlabs of Ancaster, Ontario, utilizing INAA for
chrome, sodium peroxide fusion and ICP analysis for nickel and nickel
sulphide fire assay technique for PGE's on samples selected, bagged and
tagged and sent by bonded courier to the lab, under the supervision of
Howard Lahti Ph.D. P.Geo of Fredericton New Brunswick overseeing the
lab to lab delivery of samples.


The additional assaying completed on the entire mineralized zone in the peridotite, including the upper and lower chromitite layers, yielded 4.05% chrome and 0.17% nickel over a core length of 16.85 metres. This chrome-PGE-nickel discovery was the first of its kind in the McFauld's Lake area of the Sachigo Greenstone Belt. The host peridotite contains variable amounts of magnetite as disseminations and seams and is strongly magnetic. This magnetic-high feature measures 400 metres by 400 metres at its surface expression. Due to these dimensions and the peridotite-hosted similarity to Eagle One, the target is compelling for further sampling for chrome-PGE-nickel mineralization.

Under the terms of an agreement with Freewest (see press release December 19, 2005), Spider and KWG must spend an aggregate of $3.0 million on exploration over a four-year period to earn an initial joint 50% interest in the Property. They may earn a cumulative joint 60% interest in the Property by delivering a bankable feasibility study on any mineralization identified and subsequently a cumulative joint 65% interest, by arranging financing on behalf of Freewest to put the Property into commercial production. An initial $200,000 needed to be expended on the property by February 28, 2006. The early 2006 work program covered this initial earn-in allowing the option to continue where an additional $2.8 million needs to be expended prior to the end of October 2009 to complete the initial option requirement to earn 50% in this project from Freewest. KWG and Spider are in agreement and are sharing the cost of the current program on a 50:50 basis, each contributing an additional $1.08 million to the project for a total exploration expenditure of $2.16 million to be incurred in the current program (estimated to be completed by May 2008). Both parties are well funded to complete this program.

The initial field crew arrived on site in late January and commenced re-identification of the claim boundaries prior to starting a detail line-cutting program. A property-wide grid with 200 metre line spacing is currently being established, initially focussing on the western portion of the property covering the peridotite in the vicinity of 2006 drill hole FW-06-03, where the grid will be detailed at 100 metre spaced lines. Upon completion of the detail grid area, horizontal loop electromagnetic (HLEM), along with Magnetic and VLF electromagnetic ground surveying will be completed. Drilling is scheduled to start during February, once the initial geophysical surveying is complete. Initial holes will test the layered peridotite and explore this exciting occurrence for its MMS potential. Preliminary maps produced from the recent Aerotem2 airborne survey have been reviewed and are being used to plan the exploration of the remainder of the property. Several other similar anomalies are evident in this early interpretation, however, these need to be confirmed by review of the data in the final airborne survey report. The parties have retained Billiken Management Services Inc for the provision and management of all field operations.

Mousseau Tremblay, Ph.D., P.Geo, Chairman of KWG Resources Inc. and a Qualified Person as such term is defined under National Instrument 43-101, has reviewed and verified the technical information contained in this press release and has approved the contents of this press release.

Shares issued and outstanding: 262,863,821

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release.



Contact:
Frank C. Smeenk
KWG Resources Inc.
President and CEO
416-642-3575
514-866-6193 (FAX)

Michel Cote
KWG Resources Inc.
Director
514-866-6001 - Ext. 266
514-866-6193 (FAX)
www.kwgresources.com


--------------------------------------------------------------------------------
Source: KWG Resources Inc.



Gruß,
Fantomas
SPIDER PLAYBOOK...
Posted by: kelsee on February 04, 2008 09:26PM


...leave me in front of a computer for any extended period of time and ... well anyway, I hope this is useful for you guys/gals, kinda just sums it all up for now... best, kelsee (playbook - in honor of that fantastic super bowl. lol)

SPIDER PLAYBOOK



1st Edition – Feb. 4th, ’08 (and maybe last, lol)



Spider Plays in McFaulds:


1) SPQ/KWG/FWR – JV earn-in percentages:

a. SPQ – 32.5%

b. KWG – 32.5%

c. FWR – 35%



**the latest on this joint venture:

http://www.marketwire.com/mw/release.do?id=817086


2) SPQ/KWG/UC – JV earn-in percentages:

a. SPQ - 30%

b. KWG - 15%

c. UC - 55%



**UC is continuing to fund the exploration of this VMS camp by initially concentrating their efforts on the McFaulds #3 and #1 occurrences, then they advise that they will be looking at completing additional exploration on the other occurrences as the program progresses, through year two, three and four of the agreement.

*we await the official commencement/announcement of the winter/spring ’08 drilling program



3) SPQ/KWG/Renforth – JV earn-in percentages:

a. SPQ - 30%

b. KWG - 15%

c. Renforth – 55%



**drill program status:

http://www.agoracom.com/ir/Spider/messages/715503



4) SPQ/KWG – JV percentages:

a. SPQ - 50%

b. KWG - 50%



**’08 drilling program yet to be announcement



ACCESS LINK BELOW TO VIEW McFAULD’S CLAIMS MAP:

http://www.spiderresources.com/Mcfauld's_125k_Dec26_Geology.jpg
diese URL in das Adressfenster kopieren (kleine Map)






http://www.agoracom.com/ir/Spider/messages/718754#message


http://biz.yahoo.com/ccn/080205/200802050440190001.html?.v=1


Probe Mines Announces $2,000,000 Non-Brokered Private Placement With the MineralFields Group to Explore McFauld's Lake Project
Tuesday February 5, 7:00 am ET



TORONTO, ONTARIO--(Marketwire - Feb. 5, 2008) -

The Directors of PROBE MINES LIMITED (TSX VENTURE:PRB - News; "Probe") are pleased to announce a proposed non-brokered private placement financing with the MineralFields Group of up to $2,000,000 through the sale of up to 2,666,666 Flow-Through Units at $0.75 per Unit, subject to regulatory approval and closing. Each Unit consists of one flow-through common share and one-half of one common share purchase warrant. Each whole common share purchase warrant entitles the holder to acquire one common share for $1.50 for a period of 24 months from the closing of the transaction (the "Closing Date"), provided, however, that should Probe's shares close on the TSX Venture Exchange for a period of 20 consecutive trading days at a price of $2.00 per share or higher during the exercise period, Probe may accelerate the expiry time to 30 calendar days from the date express written notice is provided by Probe to the holder by way of registered mail. All securities issued in conjunction with the offering will be subject to a hold period, which expires four months after closing.
ADVERTISEMENT


Proceeds of the financing will be used to fund exploration on the Company's McFauld's Lake West Project, located immediately north of Noront Resources' high-grade nickel-copper-platinum group element (PGE) discovery in the McFauld's Lake area. The exploration program is described in detail in Probe's January 30, 2008 Press Release (2/2008).

"We are very pleased to be continuing our relationship with MineralFields Group", said Dr. David Palmer, President and CEO. "This is an important milestone in the growth of Probe Mines Limited and we look forward to working with MineralFields Group as we develop our holdings in the McFauld's Lake region."

The McFauld's area is receiving considerable attention with the continuing reports of high-grade nickel-copper-PGE mineralization on Noront Resources' Eagle One property. The most recent drilling intersection returned the highest grade material to date averaging 6.25% nickel, 2.75% copper, 1.85 g/t platinum, 10.23 g/t palladium, 3.0 g/t gold and 10.3 g/t silver over 46.6 meters. Located only 450m from the Eagle One zone, management is encouraged by the proximity of the McFauld's West property to this significant discovery and believes there is a strong potential for the property to also host mineralization. Probe Mines has been established in the McFauld's Lake area since 2003 and also owns the nearby Tamarack property, under option to Mantis Minerals, as well as significant holdings to the east comprising the Victory Project. In addition to Noront's nickel-copper discovery, the McFauld's Lake area is host to numerous volcanic-hosted Cu-Zn discoveries, one of which is located on the Tamarack claims, and management believes the area has the potential to develop into Canada's next major mining camp.

About MineralFields, Pathway and First Canadian Securities®:

MineralFields Group (a division of Pathway Asset Management) is a Toronto-based mining fund with significant assets under administration that offers its tax-advantaged super flow-through limited partnerships to investors throughout Canada during most of the calendar year, as well as hard-dollar resource limited partnerships to investors throughout the world. Pathway Asset Management also specializes in the manufacturing and distribution of structured products and mutual funds. Information about MineralFields Group is available at www.mineralfields.com. First Canadian Securities®, a division of Limited Market Dealer Inc., is active in leading resource financings (both flow-through and hard dollar PIPE financings) on competitive, effective and service-friendly terms, with investors both within, and outside of MineralFields Group.

About Probe Mines:

Probe Mines Limited is a Canadian base and precious metal exploration company with a portfolio of highly prospective mineral properties. The Company is currently focused on the McFauld's Lake area where it owns 931 claims covering almost 15,000 hectares. This includes a 100% interest in the McFauld's West Project, comprised of 12 claims (192 hectares) situated less than 450 metres from the site of Noront's significant new nickel-copper discovery, representing one of the closest properties to the discovery. Probe currently has joint venture agreements on its Bristol Township gold project (West Timmins Mining Inc.) and Tamarack base metal project (Mantis Minerals Corp.). The Bristol Project is adjacent to the million-plus ounce gold deposit owned by Lake Shore Gold Corp., which has recently announced a positive pre-feasibility study for the project. Probe also maintains a 5% net smelter royalty on a portion of Agnico Eagle's Goldex Mine near Val d'Or, Quebec, slated for production in 2008. The company's shares trade on the TSX Venture Exchange under the symbol PRB.

Investors are invited to visit the Probe Mines IR Hub at http://www.agoracom.com/IR/Probemines where they can post questions and receive answers or review questions and answers already posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to PRB@agoracom.com where they can also request to be added to the investor e-mail list to receive all future press releases and updates in real time.

David Palmer, Ph.D., P.Geo., is the qualified person for all technical information in this release. To find out more about Probe Mines Limited, visit our website at www.probemines.com.

Forward-Looking Statements

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This News Release includes certain "forward-looking statements". All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of Probe, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially form those anticipated in such statements. Important factors that could cause actual results to differ materially from Probe's expectations are exploration risks detailed herein and from time to time in the filings made by Probe with securities regulators.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.



Contact:
David Palmer, Ph.D.
Probe Mines Limited
President
(416) 777-6703

Karen Willoughby
Probe Mines Limited
Investor Relations
1-866-365-4724
Website: www.probemines.com


Source: Probe Mines Limited
MC FAULD´S LAKE, James Bay Lowlands, Ontario :

Das nächste Mining Camp in Kanada




Guten Morgen ,

was ist denn vor 12 jahren bei BMK abgegangen , dort wurden mit Sicherheit , viele Anleger , schon einmal abgezockt :

11,50 CAD / ATH !!!! :eek::eek::eek:

http://ca.moneycentral.msn.com/investor/charts/chartdl.aspx?…


gruss mike



http://biz.yahoo.com/ccn/080212/200802120441412001.html?.v=1


Probe Mines Closes $2,000,000 Non-Brokered Private Placement with the MineralFields Group to Explore McFauld's Lake Project
Tuesday February 12, 7:00 am ET



TORONTO, ONTARIO--(Marketwire - Feb. 12, 2008) - The Directors of PROBE MINES LIMITED (TSX VENTURE:PRB - News; "Probe") are pleased to announce the closing of a non-brokered private placement financing with the MineralFields Group as announced on February 5, 2008. The private placement consisted of the sale of 2,666,666 Flow-Through Units at $0.75 per Unit for gross proceeds of $2,000,000. Each Unit consisted of one flow-through common share and one-half of one common share purchase warrant. Each whole common share purchase warrant entitles the holder to acquire one common share for $1.50 until February 7, 2010 provided, however, that should Probe's shares close on the TSX Venture Exchange for a period of 20 consecutive trading days at a price of $2.00 per share or higher during the exercise period, Probe may accelerate the expiry time to 30 calendar days from the date express written notice is provided by Probe to the holder by way of registered mail. In connection with the financing, a finder was issued 105,333 Units with a value of $79,000 or $0.75 per Unit, and 210,666 non-flow-through finder options. Each finder option entitles the holder to acquire until February 7, 2010 one common share and one common share purchase warrant exercisable on the same terms as the Warrants at an exercise price of $0.75 per finder option. All securities issued in conjunction with the offering are subject to a hold period, which expires on June 8, 2008.
ADVERTISEMENT


"We are very pleased to be continuing our relationship with MineralFields Group", said Dr. David Palmer, President and CEO. "This is an important milestone in the growth of Probe Mines Limited and we look forward to working with MineralFields Group as we develop our holdings in the McFauld's Lake region."

Proceeds of the financing will be used to fund exploration on the Company's McFauld's Lake West Project, located immediately north of Noront Resources' high-grade nickel-copper-platinum group element (PGE) discovery in the McFauld's Lake area. The exploration program is described in detail in Probe's January 30, 2008 Press Release (2/2008). Field operations are currently underway on the McFauld's West property with the ground grid established and mobilization of Insight Geophysics' field crews expected shortly. The geophysical program will be followed by diamond drilling.

The McFauld's West Project is located immediately adjacent Noront Resources' Eagle One property where high-grade nickel-copper-PGE mineralization was discovered during this past summer. The most recent drilling intersection returned the highest grade material to date averaging 6.25% nickel, 2.75% copper, 1.85 g/t platinum, 10.23 g/t palladium, 3.0 g/t gold and 10.3 g/t silver over 46.6 meters. Probe is encouraged by the proximity of the McFauld's West property to this significant discovery and believes there is a strong potential for the property to also host mineralization.

About MineralFields, Pathway and First Canadian Securities ®:

MineralFields Group (a division of Pathway Asset Management) is a Toronto-based mining fund with significant assets under administration that offers its tax-advantaged super flow-through limited partnerships to investors throughout Canada during most of the calendar year, as well as hard-dollar resource limited partnerships to investors throughout the world. Pathway Asset Management also specializes in the manufacturing and distribution of structured products and mutual funds. Information about MineralFields Group is available at www.mineralfields.com. First Canadian Securities®, a division of Limited Market Dealer Inc., is active in leading resource financings (both flow-through and hard dollar PIPE financings) on competitive, effective and service-friendly terms, with investors both within, and outside of MineralFields Group.

About Probe Mines:

Probe Mines Limited is a Canadian base and precious metal exploration company with a portfolio of highly prospective mineral properties. The Company is currently focused on the McFauld's Lake area where it owns 931 claims covering almost 15,000 hectares. This includes a 100% interest in the McFauld's West Project, comprised of 12 claims (192 hectares) situated less than 450 metres from the site of Noront's significant new nickel-copper discovery, representing one of the closest properties to the discovery. Probe currently has joint venture agreements on its Bristol Township gold project (West Timmins Mining Inc.) and Tamarack base metal project (Mantis Mineral Corp.). The Bristol Project is adjacent to the million-plus ounce gold deposit owned by Lake Shore Gold Corp., which has recently announced a positive pre-feasibility study for the project. Probe also maintains a 5% net smelter royalty on a portion of Agnico Eagle's Goldex Mine near Val d'Or, Quebec, slated for production in 2008. The company's shares trade on the TSX Venture Exchange under the symbol PRB.

Investors are invited to visit the Probe Mines IR Hub at http://www.agoracom.com/IR/Probemines where they can post questions and receive answers or review questions and answers already posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to PRB@agoracom.com where they can also request to be added to the investor e-mail list to receive all future press releases and updates in real time.

David Palmer, Ph.D., P.Geo., is the qualified person for all technical information in this release. To find out more about Probe Mines Limited, visit our website at www.probemines.com.

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This News Release includes certain "forward-looking statements". All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of Probe, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially form those anticipated in such statements. Important factors that could cause actual results to differ materially from Probe's expectations are exploration risks detailed herein and from time to time in the filings made by Probe with securities regulators.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.



Contact:
David Palmer, Ph.D.
Probe Mines Limited
President
(416) 777-6703

Karen Willoughby
Probe Mines Limited
Invest