Intrepid Mines - 500 Beiträge pro Seite

[Goldiger]

Zwischen Intrepid und Emperor Mines gab es einen Merger und entstanden ist die INTREPID MINES. Bei der Comdirect steht die mit einem KGV von 5,59 und heute ist der erste Tag an dem die Aktie unter dem neuen Namen gehandelt wird. Plus 16% sind nach dem vorangegangenen Niedergang der Emperor Mines nicht schlecht. Emperor hatte seine bedeutenden Minen verkauft und sitzt auf einer Menge Cash. 60 Mio Austral Dollar. Intrepid dagegen liefert die dazu passenden Projekte und beide zusammen unter dem neuen Namen INTREPID MINES könnten jetzt Phantasie in den Wert bringen.

[Goldiger]

Antwort auf Beitrag Nr.: 33.721.939 von Goldiger am 25.03.08 17:54:17

Intrepid & Aura Report Positive Gold-Silver Results on Newly Acquired Alma Delia Property and East Taviche-Mexico
TORONTO, ONTARIO--(Marketwire - May 27, 2008) - Intrepid Mines Limited (TSX:IAU)(TSX:IXN)(ASX:IAU) and Aura Silver Resources Inc. (TSX VENTURE:AUU) are pleased to announce prospecting results for the Higo Blanco zone, a major jasperoid/vein breccia complex, located within the southern part of the East Taviche mineral concession.

The zone is at least several kilometers in strike length by up to one kilometer wide and extends southeasterly into the recently acquired Alma Delia concession. Samples assaying up to 3.08 grams per tonne gold and 1,780 grams per tonne silver were obtained in the jasperoid zones and assays of 1.07 grams per tonne gold and 251 grams per tonne silver in the vein breccia.

"These positive results reinforce the decision made by the Intrepid-Aura Silver joint venture regarding the acquisition of the Alma Delia concession," said Laurence Curtis, President of Intrepid. "These samples indicate the potential for a larger sediment hosted (Nevada style) system on the joint venture property. Together with the vein style systems already identified, we believe our team has substantially improved the discovery opportunity on the Taviche Project."

The new concession measures 898 square kilometers and covers several gold and silver prospects along the possible southeastern extension of the Taviche district.

Reconnaissance activities conducted by the joint venture in 2007 identified a corridor of SE-NW-trending quartz-sulfide-carbonate veins and vein breccias in volcanics, and extensive jasperoid zones in limestone. This trend, which clearly crosses the core of the Taviche district, extends to the southeast and includes part of the Alma Delia concession.

"The joint venture is sufficiently funded with US$1.5 million targeting a 4,000 meter drill program," said Robert Boaz, President and Chief Executive Officer of Aura. "A Phase 2 drill program in West Taviche is currently being formulated and the Higo Blanco project will be added to our work plan for 2008."

The joint venture geological team believes that the veins, breccia zones and jasperoid are an expression of a robust hydrothermal system emplaced into Cretaceous sediments and overlying Tertiary volcanics. The entire trend extending into Alma Delia is defined by veins and jasperoids and is characterized by anomalous gold (up to 3.08 grams per tonne gold), silver (up to 1,780 grams per tonne silver), arsenic (up to 8,680 parts per million) and antimony (up to 7,840 parts per million). Both gold and silver values appear to increase with decreasing elevation. Two styles of quartz mineralization have been observed:

- Jasperoid zones ranging from massive, single stage replacement of limestone to multi-stage breccias with significant disseminated sulfides reveal anomalous gold-silver-arsenic-antimony values. Initial sampling of a suite of 68 rock samples returned values averaging 0.271 grams per tonne gold and 110.4 grams per tonne silver. Anomalous values in arsenic were also received, averaging 1,007 parts per million arsenic and 464 parts per million antimony (52 only of 68 results received for these metals); and

- Quartz-chalcedony veins, vein breccias and stock work hosted by the overlying volcanic and epiclastic sediments. Initial sampling (27 rock chips) averaged 0.505 grams per tonne gold and 21.7 grams per tonne silver.

Mapping indicates that the veins in the volcanics are in the hanging-wall of the jasperoid. A large area of moderate to strong chlorite development commonly associated with distinct calcite flooding and veining in the overlying volcanics occurs between two of the jasperoid masses (approximately 700 meters apart) and may indicate continuity between these two masses. Similar alteration adjacent to the jasperoid suggest that mineralization extends laterally as well.

The joint venture is currently addressing the potential of this large area on three fronts:

- analysis of geologic and geophysical maps as well as Advanced Spaceborne Thermal Emission and Reflection Radiometer (ASTER) data;

- reconnaissance type traverses across the concession; and

- detailed mapping and sampling of mineralized areas.

Although the area is remote and very sparsely populated, the joint venture is working closely with local communities to maintain good relationships and promote mineral development within this region.

About Intrepid Mines:

Intrepid Mines Limited is an international gold and silver production, development and exploration company. The Company's producing property is the Paulsens Gold Mine, located in northwestern Australia. The Company's advanced development property is the Casposo Project located in San Juan Province, Argentina. The Company's exploration properties are located in Argentina, Australia, Canada, El Salvador, Indonesia and Mexico. The issued capital is 427,902,350 shares comprised of 413,086,497 ordinary shares of Intrepid Mines Limited on the TSX (TSX:IAU) and ASX (ASX:IAU) and 14,815,853 Exchangeable Shares of Intrepid NuStar Exchange Corporation quoted on the TSX (TSX:IXN).

About Aura Silver:

Aura Silver Resources Inc. is a TSX Venture listed company engaged in the acquisition, exploration and development of precious metal prospects in North America with a focus on silver. The Company has 35,267,727 common shares outstanding.

Geochemical Analysis and Qualified Persons:

A Quality Control sampling program of blanks and duplicates has been instituted to monitor the integrity of all assay results. All core samples are split at the Oaxaca core facility and shipped to SGS Minerals in Durango, Mexico, where they are dried, crushed, split and 50 gram pulp samples are prepared for analysis. Gold and silver are determined by fire assay with an atomic absorption (AA) finish and ICP for copper, lead and zinc. Exploration and Development information in this announcement is based on information compiled by William McGuinty, P. Geo., V.P. Exploration, Intrepid Mines Limited, and Paul Pitman, P. Geo., Aura Silver Resources who are competent persons as defined in the 2004 Edition of the JORC 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves' and is a Qualified Person as defined in the Canadian National Instrument 43-101 (standards of Disclosure for Mineral Projects). Mr. McGuinty and Mr. Pitman have sufficient experience relevant to the style of mineralization and type of deposit under consideration and to the activity which is being undertaken, and consent to the inclusion in the announcement of the matters based on his information in the form and context in which it appears.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

This release contains certain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from the Company's expectations and projections. The TSX & ASX has neither approved nor disapproved the information contained in this press release. Except for statements of historical fact relating to the Corporation, certain information contained herein constitutes "forward-looking statements". Forward-looking statements are frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. These factors include the inherent risks involved in the exploration and development of mineral properties, the uncertainties involved in interpreting drilling results and other ecological data, fluctuating metal prices, the possibility of project cost overruns or unanticipated costs and expenses, uncertainties relating to the availability and costs of financing needed in the future and other factors. Exploration results at Taviche are insufficiently advanced to define a reserve and resource estimate for the property and it is uncertain if further drilling and exploration will result in the determination of a reserve and resource statement in the future. Circumstances or management's estimates or opinions could change. The reader is cautioned not to place undue reliance on forward-looking statements.



For more information, please contact

Intrepid Mines Limited
Ann Candelario
VP Investor Relations
[phone]
Email: [e-mail]
Website: www.intrepidmines.com

or

Aura Silver Resources Inc.
Robert Boaz
President & CEO
[phone]
Email: [e-mail]
Website: www.aurasilver.com