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Underworld Resources großes Potential in Canada - 500 Beiträge pro Seite



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Hi Leute

ich musste mal einen Thread zu dieser Aktie aufmachen sie wird leider nur in Canada gehandelt.

Da ich in den letzten Jahren immer nach den besten bzw. aussergewöhnliche Drill results im Goldbereich ausschau halte bin ich vor eine paar Wochen auf Underworld aufmerksam geworden.

Diese Firam ist mit Ventana Gold die einzigsten kleinen Explorer die zurzeit wirklich weltklasse Goldergebisse liefern.

Underworld wird von einem sehr starken Managment Team angeführt die schon bei anderen großen Goldfunden und Minen dabei waren.

Sie sind seit anfng 2007 erst gelistet und ahben schon beachtliche Fortschritte gemacht. Das Managment Team geht unglaublich zügig und mit System hier vor das gefällt mir ausserordentlich gut.

Das BE`s von 2008 und die ersten von 2009 könnt ihr euch alle auf der HP anschauen. Aber Hits mit über 100m und über 3g/t Gold sind Weltklasse das oberflächennah und in Canada ist eindeutig ein Investment wert!!
Antwort auf Beitrag Nr.: 37.349.113 von Brabi am 09.06.09 07:26:59Nach den guten BE´S in den letzten Tagen sind die Umsätze massiv angestiegen. kinross hat sich an der Firma zu knapp 10% beteiligt.

Nachdem der Kurs auf 1,6 cad gestigen ist hat sich das MG dazu entschlossen schnell noch ein PP durchzuführen was ich bei diesem Markt als sehr clever ansehe denn sie hatten nur ca 4 mio in der Kasse.
Durch das PP wird sich zwar die Aktien basis auf fd ca 45 Mio Aktien erhöhen aber danach haben sie 18 Mio in Cash bzw wenn allle optionen eingelöst werden nochmal zusätzlich gut 10 Mio damit müssten sie locker bis ende 2010 hinkommen.

Das Phase 1 programm für 2009 ist mit 4000 m abgeschlossen und die ersten 3 Bohrlöcher haben diese Top ergebnisse gebracht.
Mitte juni beginnt phase 2 und laut HP soll dieses auch 4000m betragen.
Ich für meinen Teil vermute das nach dem closing des PP das Bohrprogramm für 2009 massiv ausgeweitet wird ich vermute mindestens auf 20-30000m so schätze ich das MG ein welches so schnell wie möglich ergebnisse liefern will.

Bin gespannt was die nächsten Wochen so bringen! Vielleicht haben es wir heir mit einem multi million ounces System zu tun und das High grade und in Canada was will man mehr!!
Antwort auf Beitrag Nr.: 37.349.113 von Brabi am 09.06.09 07:26:59
"Diese Firam ist mit Ventana Gold die einzigsten kleinen Explorer die zurzeit wirklich weltklasse Goldergebisse liefern."

Wenn Du meinst.;)
Antwort auf Beitrag Nr.: 37.352.658 von Popeye82 am 09.06.09 14:41:23kennst wohl auch noch andere nur her damit. Meinte welche ich auf dem Radar habe kann nicht jede Aktie vefolgen!:)
Antwort auf Beitrag Nr.: 37.359.413 von uprock am 10.06.09 08:21:22Hi uprock altes haus haben uns ja lange nicht mehr geschrieben!:)

Alles klar bei dir. Sehe nur ab und zu bei FR rein da zanckst du dich ja schön mit Honey.

Welche werte hast du zurzeit auf watch bzw im depot auch per bm
Antwort auf Beitrag Nr.: 37.360.099 von Brabi am 10.06.09 09:51:18Hi Brabi, BM ist im Anmarsch.
Hi Leute

heute mal wieder was zu Underworld.

Die letzten BE`s wurden ja vom Markt nihct so gut aufgenommen kann aber auch zum Teil vom PP beeinflußt worden sein.

Wenn man sich die Be`s mal genauer anschaut dann sind die eigentlich sogar sehr zufriedenstellend. Erstens findet Underworld sogut wie in jedem Bohrloch Gold und sie haben gerade mal die Oberfläche angekratzt. Hier schlummert noch Potenzial.

Wenn Die ARc zone mit der Golden saddle verlinkt sind dann öffent sich hier ganz schnell ein anderes Resourcen potenzial das wird sich die nächsten wochen noch zeigen.

Ich meine 160m mit knapp 1g/t sind ja auch nicht zu verachten und dabei noch einige m mit über 2 g/t also nicht schlecht und dazu noch 44m mit 3g/t also nur weiter so dann noch die ganzen anomalien da ist noch ganz schön musik drin deshalb werd ich auch noch nachkaufen.

Das Phase 2 Programm wurde auf 6000m vergrößert und soll ende Juli schon abgeschlossen sein aber sobald die näcshten Ergebnisse von der Arc zone kommen wird man da auch neue Löcher planen das wird noch sicherlich ausgeweitet.

Man muss nur geduld haben! Werden hpffentlich bald wieder was hören!
Antwort auf Beitrag Nr.: 37.505.230 von Brabi am 02.07.09 09:35:57
In Kanada werden jetzt so um die 10 -20 Area Plays hoch- &runtergezockt.:laugh:;)

Gruß,
Popeye
Hi zusammen.

Kurze Frage:

Kurswert ist bei über 0,90€!
Haben die schon soviel Ressourcen gefunden? Ich hatte schon Explorer, die von über 90 cent auf unter 20 cent gegangen sind, beispielsweise die Bravo Venture.

Nun ja, kann auch an der unterschiedlich hohen Aktienanzahl liegen..?

Wie seht Ihr diesen Vergleich?

Danke für die Rückantwort.

Gruß.
Antwort auf Beitrag Nr.: 37.505.312 von Popeye82 am 02.07.09 09:47:51

also ich kann ganz klar sagen, dass das nicht meine Spielwiese ist -aber hier ist mal ein Artikel von einem Areaplay-Anhänger;) :

Yukon (White) Gold Rush Fever - AheadOfTheHerd - Jul 6, 2009

- by Richard Mills -
www.stockhouse.com/Blogs/ViewDetailedPost.aspx?p=93883

"White Gold Area Play

Seemingly not a single day goes by without a news release about another company staking claims and citing recent drill results from Underworld Resources UW.v as the reason why. Underworld's recent exploration success has created renewed interest in Canada's Yukon Territory and in the market.

The importance of Underworld's discovery cannot be overstated in the context of Yukon exploration and the markets in general. This kind of good news can excite the market for the entire junior gold exploration sector. Also area plays, where one company makes a discovery, then dozens of other companies rush in to stake all around them, are one of the very foundations of our junior markets.

Underworld's assays are the most significant gold intercepts ever reported in the White River/Yukon River junction area and very possibly the best new gold discovery in Canada over the last several years. As the story at Underworld's White Gold project unfolds I believe we can expect exciting times for those investors who get involved with the various companies participating in, what still are, very early days of this developing area play.


Geology and Mineralization

The White Gold District lies within the Tintina Gold Belt (a 200-km-wide, 1,200-km-long arc extending from northern British Columbia into southwest Alaska) and is underlain by rocks of the Yukon-Tanana geologic terrane. The Tintina Gold Belt includes such large gold deposits as Pogo (3.6 M ozs P & P reserves), Fort Knox (3.8 M ounces P & P reserves, 1.7 M ozs M & I resources), True North, Donlin Creek (29.3 M ozs Au Proven & Probable reserves, 6.0 M ozs Au Measured & Indicated resources) and Shotgun.

No one has yet defined a geological model for the White Gold occurrences because the geology of the Underworld discovery is different than other discoveries in the Tintina gold belt. This could be significant because it might mean broad areas that had seen scant attention during past exploration efforts could now become the focus of intensive work programs that have a very real potential for success.

The Underworld discovery properties host multiple styles of gold mineralization including: quartz veins, hydrothermal breccias and disseminated sulphide targets indicated by widespread soil geochemical anomalies. The dominant mineralization at Golden Saddle is quartz, albite and carbonate breccias with low volumes of disseminated pyrite.

At the Arc Zone mineralization is characterized by breccias with a matrix of sulphides including pyrite and arsenopyrite.

Property basement geology consists of five stacked thrust sheets of lower to middle-amphibolite facies Yukon-Tanana schist and gneiss.

There is some consensus that mineralization is probably intrusion related due to elevated Molybdenum numbers and the hydrothermal alteration but no direct connection to an intrusion has been made so far. There is quartz in veins, stockworks and breccias as well as sulphides in what appears to be a linear moderately dipping structure. More drilling and study is needed to develop a geological model of the White Gold discovery.


Area Play

Located in a new emerging gold province in the Yukon Territory Canada, the White Gold area play has the potential to go for several years as field crews are mobilized to the Yukon and news flow will be constant from almost all the companies involved.

Underworld's discovery has sparked a land rush, there are an increasing number of savvy explorers and market players staking whatever land they can get surrounding the discovery area. A select few companies will be buy and hold for drill results and many others will present trading opportunities.

Given very legitimate, and increasing daily, concerns about growing country risk this is an extremely timely article about a truly exciting gold area play. Canada's Yukon Territory is one of the most geologically prospective and pro-mining jurisdictions in the world today.


All the elements of a new area play are here:

1) A spectacular new discovery, with new geology or a twist on old geology
2) A jurisdiction with safe and reasonable tenure.
3) An area amenable to mineral exploration and development.


The White Gold Area Play junior players are gathering for what could be one of Canada's most important gold discoveries. There is huge upside potential in any of these juniors if they make another discovery. One drill hole could send their (and their neighbors) share price soaring. And if there is a new geological model for UW's discovery this would open a whole new chapter in Tintina Gold Belt exploration.

In alphabetical order (after Underworld) here are a few companies that I found very interesting and have singled out. Below these companies is an extensive, but likely not exhaustive, list of the White Gold Area Play juniors.


Underworld Resources (UW.v) - The company who started it all. Low share count, 16,900 hectares of property in the area of their discovery and approximately $16,000,000 in their treasury.

Cariboo Rose (CRB.v) - Has the 4,800 hectare Canadian Creek property 50 km southeast of White Gold. It is optioned out 60:40 with CRB holding 40%. The property has an untested soil gold-arsenic anomaly similar to White Gold. Details of this summer's exploration program are pending. CRB is part of the Eastfield Group and follows the prospect generator model.

Kaminak Gold (KAM.v) - Has three properties totaling 7,680 hectares 27 and 8 km southeast of UW's White Gold property. KAM was the first into the area and have announced an aggressive program totaling at least $500,000 for this year. KAM is part of the Discovery Group and follows the prospect generator model.

Northern Tiger (NTR.v) - Seven Properties totaling 5,244 hectares 65 km southeast of White Gold, Sonora Gulch is their flagship property. Capstone CS.t, owner of the Minto mine, retains back-in rights to acquire a 65% interest in any of Northern Tiger's projects located within a 50 km radius of the Minto Mine that are found to have mineralization amenable to processing in existing Minto Mine facilities. A $1-million dollar program is budgeted for this summer. Capstone owns 13.5% of the issued and outstanding shares of Northern Tiger.

Valley High Ventures (VHV.v) -Valley High acquired the 3,900 hectare Flume property, 30km northwest of UW's White Gold, from Phelps Dodge. It is more advanced than most of the properties optioned by other area players and has had extensive soil sampling done.


Area Play Portfolio
UW.v
PEX.v

ALR.v
CDB.v

MPS.v
NTR.v

HAO.v
AIX.v

MCI.v
HMI.v

NCM.v
SQA.v

ABR.v
NET.v

VHV.v
ALN.v

WER.v
SQI.v

ALN.v
URA.v

CRB.v
KAM.v

ATC.v
ADG.v

Canada's Yukon Territory has a stable geopolitical environment and a tremendous wealth of mineralization. History has proven time and time again that junior exploration stocks can write a very exciting discovery story and reward investors with multiple returns on their capital. It is still very early days in the White Gold Area Play and the greatest rewards lie ahead of us.

If you're interested in the junior resource market and would like to learn more please come and visit us at. www.aheadoftheherd.com
Antwort auf Beitrag Nr.: 37.646.231 von micha_froh am 25.07.09 16:49:26alles Abstauber die sonst nichts vorzuweisen haben, viele alte Bekannte von CA:GXS
Goldsource Mines Inc. (TSXV) damaligen spektakulären Kohlefund

ein Wanderzirkus . . von einer Party zur anderen und nebenbei noch ein paar PP mitnehmen

man könnte von einer Abstauberbranche sprechen die sich etabliert hat, es mag vielleicht
1% Ausnahmen geben, der Rest wird zu Schall und Rauch . . was nicht selten mit dem
Hornberger Schießen zitiert wird
NEWS

Underworld Resources Inc.

TSX VENTURE: UW
Underworld Resources Inc.
Aug 07, 2009 09:30 ET
Retransmission: Underworld Intersects 2.47 g/t Au over 63.0 Meters at White Gold Property

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 7, 2009) - Underworld Resources Inc. (TSX VENTURE:UW) is pleased to announce additional results from the ongoing drill program at the White Gold Property, Yukon. To date, Underworld has completed 12,794m of drilling over 47 holes during the 2009 exploration program. At the Golden Saddle Zone, 32 holes have been completed. Additionally, 10 holes completed at Arc Zone, 4 holes completed at Minneapolis Ridge, and 1 hole completed at the Donahue Zone.

Highlights of the recent assays from the Golden Saddle Zone include:

- WD09-51: 39.0 meters averaging 3.71 g/t Au

- WD09-52: 38.0 meters averaging 3.92 g/t Au

- WD09-54: 63.0 meters averaging 2.47 g/t Au

- WD09-55: 61.5 meters averaging 2.19 g/t Au

Results to-date continue to demonstrate excellent continuity of near-surface gold mineralization at the Golden Saddle Zone. Mineralization remains open to expansion along strike to the northeast and at depth. Infill and step-out drilling is being completed on 50 meter intercept centers along strike and downdip. Additionally, infill and step-out drilling is being completed on 100 meter intercept centers at the Arc Zone, located 1,000 meters south of Golden Saddle. The objective of drilling at these two zones is to complete a NI 43-101 compliant resource estimate in Q4/2009 or Q1/2010. Additionally, new drill targets including Minneapolis Ridge, Donahue and South Donahue are being drill tested.

A third diamond drill rig with deeper depth capability has recently arrived on site, and is testing the Golden Saddle Zone. It is anticipated that a total of 23,000 meters of core drilling in approximately 100 drill holes will be completed during 2009. .A complete table of assay results from the 2009 White Gold Drilling Program, as well as cross-sections, and drill plan maps are available at www.underworldresources.com.

Intrusive-related gold mineralization at the Golden Saddle Zone is preferentially hosted within metamorphosed felsic intrusive units, as well as felsic and mafic metavolcanic rocks. Gold mineralization is associated with quartz veins, stockwork and breccia zones, as well as pyrite veinlettes and disseminations. The alteration assemblage includes pervasive K-spar, carbonate, sericite and silicification. The main mineralized zone at Golden Saddle strikes to the northeast, with a gentle to moderate dip to the northwest.

Most recent drill results include:




From To Length Au
Hole-ID (m) (m) (m) (g/t) Comments


Golden Saddle Zone
WD09-46 61.95 74.86 12.91 1.01 Infill between
and 301.00 343.45 42.45 0.97 WD08-09 & 20
Including 336.41 343.45 7.04 4.24


WD09-48 10.00 60.47 50.47 0.73 50 m step out southeast
of WD09-43


WD09-49 201.00 202.50 1.50 2.64 125m south of known
and 281.00 282.50 1.50 1.09 mineralization; new
and 306.00 307.50 1.50 2.11 parallel zone.


WD09-50 19.41 102.00 82.90 1.02 50m step out southeast
including 19.41 45.50 26.09 2.75 of WD09-43
including 26.00 45.50 19.50 3.39 Extends mineralization
south


WD09-51 193.00 222.00 39.00 3.71 50m step out northwest
including 198.00 204.00 15.80 6.00 of WD08-16
including 198.00 199.50 1.50 36.00 Extends Golden Saddle
mineralization down
dip to the north


WD09-52 223.00 261.00 38.00 3.92 50m step out northwest
including 242.00 259.50 17.50 7.51 of WD09-29
including 246.50 257.00 10.50 9.38 Extends mineralization
down dip to north


WD09-53 228.49 237.57 9.08 2.58 50m step out northwest
of WD09-51
Extends mineralization
down dip to north


WD09-54 261.5 324.47 62.97 2.47 50m step out northwest
including 297.5 324.47 26.97 5.13 of WD09-34
including 308.5 314.14 5.64 11.64 Extends Golden Saddle
zone down dip to
the north


WD09-55 308.00 368.50 61.50 2.19 50m step out northwest
including 313.50 333.95 20.45 3.98 of WD09-54
Extends mineralization
down dip to north


WD09-56 184.56 240.5 55.94 1.30 50m step out northwest
of WD09-47
Extends Golden Saddle
zone along strike to
the east


Minneapolis Creek
MC09-01 31.50 33.00 1.50 1.40 Initial hole at
Minneapolis Creek


- True Widths are estimated to be between 70% and 100% of drilled interval





In the recent drilling reported above, drill holes WD09-51 to 55 have extended the Golden Saddle Zone further down-dip to the North. WD09-56 has extended the zone further east on strike. WD09-48 and 49 intersected new, subparallel zones of alteration and mineralization further south of the main Golden Saddle Zone.

Drill hole MC09-01 is the initial hole completed at the Minneapolis Creek target, located 2,500 meters west of Golden Saddle. Anomalous, near gold mineralization was encountered with metasedimentary rocks, similar in style to the Arc Zone. Assays for three additional holes at Minneapolis Creek are currently pending.

Exploration work including mechanical trenching is continuing at the White Gold Property with the objective of refining additional drill targets during the balance of the 2009 program.

Quality Assurance

Underworld has implemented a rigorous QA/QC program at the White Gold Property using best industry practice. Elements of the program include: chain of custody of samples, insertion of standard and blank samples, and check assays. Drill core is sawn in half and shipped in sealed bags to ALS Chemex Laboratories in Vancouver, B.C. Check assays are completed by Acme Laboratories, Vancouver.

The ongoing 2009 Exploration Program is directed by Adrian Fleming, M.A.I.G, RPGeo, M.Aus.I.M.M., President of Underworld Resources and a Qualified Person as defined by NI 43-101. Mr. Fleming prepared, and approves of the content of this release.

Underworld Resources is a well-structured junior exploration company focused on expanding its new gold discovery in the Yukon.

ON BEHALF OF THE BOARD OF DIRECTORS

Adrian Fleming, President

Forward Looking Statement

Some of the statements contained in this press release are forward-looking statements. Forward-looking statements are not historical facts and are subject to a number of risks and uncertainties beyond the Company's control, including, but not exclusively, statements regarding potential mineralization, exploration results, completion of work program and studies, and future plans and objectives of the Company. Resource exploration, development and operations are highly speculative, characterized by a number of significant risks, which even a combination of careful evaluation, experience and knowledge may not eliminate, including, among other things, unprofitable efforts resulting not only from the failure to discover mineral resources but from finding mineral deposits which, though present, are insufficient in quantity and quality to return a profit from production.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
Antwort auf Beitrag Nr.: 37.732.495 von DaenischeSuedsee am 07.08.09 14:14:48sorry Micha, diese Antwort bezog sich auf # 16 " area plays", habe wohl den falschen
button erwischt
Antwort auf Beitrag Nr.: 37.732.495 von DaenischeSuedsee am 07.08.09 14:14:48
Seh ich ja, wie oben angeführt, ganz genauso. Wobei ich denke, dass die Quote nicht immer sooo schlecht sein muss -der zugrundeliegende Gedanke, eines Areaplays, hat ja auch eine gewisse Logik. Allerdings muss man sich dann wirklich klarmachen, worauf man genau setzt! KEX z.B. könnte, mit Deren Reefton Akquisition, denke ich wirklich interessant sein/werden. Hab die jedenfalls mal im Auge &bin gespannt, was die Evaluation der alten Daten hervorbringt.

Gruß,
Popeye
Underworld Resources Inc. has significantly expanded its land position in the White gold district through acquisition and additional staking. The majority of this new ground is contiguous with the original claim group hosting the Golden Saddle and Arc gold discoveries.

The majority of new claims were staked by Underworld following the recent gold discovery on the Golden Saddle deposit, located 90 kilometres south of Dawson, the location of the famous Klondike gold rush.

In total, Underworld now holds title to or has title pending on 2,907 quartz mining claims for a total area of 589 square kilometres, doubling the size of the land package.

The 100-per-cent-owned White gold property hosts a significant discovery at the Golden Saddle deposit. Underworld’s continuing drilling program currently has assays pending for a further 23 drill holes at the Golden Saddle deposit and has increased the size of the current drill program at the White gold project to 25,000 metres.

These new claims were staked based on regional geology and geochemistry, exhibiting favourable similarities to the Golden Saddle and Arc discoveries at White Gold.

Additionally, the company has amended the original agreement with Shawn Ryan to acquire a 100-per-cent interest in an additional 646 claims in the White gold district. As compensation for these claims, Underworld will pay the following: Reimburse Mr. Ryan $250 per claim, Issue to Mr. Ryan 200,000 common shares of Underworld on the date that is five business days following the date of acceptance of the TSX Venture Exchange of the agreement, Issue an additional 200,000 common shares of Underworld on or before Aug. 12, 2010, and issue an additional 200,000 common shares of Underworld on or before Aug. 12, 2011, Pay Mr. Ryan $1 per ounce for any ounces of gold on the additional claims that are categorized as reserves or measured or indicated resources in a National Instrument 43-101 technical report publicly distributed by Underworld (payable within 90 days of the date the report is published by Underworld) or at the time of the acquisition of at least 50 per cent of the issued and outstanding voting or equity securities of Underworld by a third party based on an internal technical report prepared by Underworld (payable within 90 days of the acquisition).

Some claims recently acquired are subject to a finder’s fee.

The company is currently evaluating its extensive additional landholdings with reconnaissance mapping, sampling and prospecting. Underworld has carried out systematic ridge and spur soil sampling plus selective grid soil sampling on several of these new areas.

The continuing 2009 exploration program is directed by Adrian Fleming, MAIG, RPGeo, MAusIMM, president of Underworld Resources and a qualified person as defined by NI 43-101. Mr. Fleming prepared and approves of the content of this release.
Underworld Step-Out Holes Expand Golden Saddle Deposit, Including 3.68 g/t Au Over 91.3 meters - Oct 19, 2009
www.marketwire.com/press-release/Underworld-Resources-Inc-TS…
Underworld Step-Out Holes Expand Golden Saddle Deposit, Including 1.46 g/t Au Over 158.5 Meters and 1.98 g/t Au Over 67.7 Meters
http://biz.yahoo.com/iw/091028/0552513.html?.v=1
:)
Underworld's Optimized Metallurgical Testwork Returns Excellent Gold Recoveries at White Gold Property
Jan 05, 2010 09:00 ET

http://www.marketwire.com/press-release/Underworld-Resources…
Underworld's Initial Resource Estimate at Golden Saddle: Indicated Resources of 1,004,570 Oz. at 3.2 g/t Au and Inferred Resources of 407,413 oz at 2.5 g/t Au

http://biz.yahoo.com/iw/100119/0578202.html?.v=1
Underworld Identifies Drill Targets Within New 40 km Trend of Anomalous Gold Mineralization North of White Gold Deposits

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 27, 2010) - Underworld Resources Inc. (TSX VENTURE:UW) is pleased to announce the discovery of a 40 kilometer long trend of gold prospects and anomalous gold in soil geochemistry at the JP Ross and Maisy May Property. This trend exhibits similar geologic and geochemical characteristics to the White Gold Trend, which hosts the Golden Saddle and Arc Deposits. Within the trend, Underworld has identified a "Golden Saddle" style geochemical signature that is underlain by similar host rocks. The company intends to aggressively drill test this area.

Underworld recently announced the initial resource estimation for the Golden Saddle and Arc Deposits. The resource at Golden Saddle includes 1,004,570 ounces at a grade of 3.2 g/t Au in an indicated category, with an additional 407,413 ounces of inferred resources at an average grade of 2.5 g/t Au. At the Arc Zone, the initial resource includes 170,470 ounces at an average grade of 1.2 g/t Au in the inferred category (see UW 2010-NR #03).

The JP Ross trend is road accessible, located approximately 65 kilometers south of Dawson City, Yukon, and 35 kilometers north of the White Gold Trend. Underworld recently completed additional claim staking, expanding this claim group to 312 square kilometers. The JP Ross trend includes the headwaters to multiple active, and past producing placer operations, including: Henderson, Maisy May and Black Hills creeks. Production records from the Yukon Geological Survey (2009) report over 177,689 ounces of gold mined from these operations.

During 2009, Underworld collected over 6,200 soil samples on the Property, primarily 'ridge and spur' reconnaissance lines. Four soil grids were completed over select target areas, including the Frenzy, Marnie, Vertigo and Spellbound prospects. This work has identified a 40 kilometer long, and up to 12 km wide area of anomalous gold and pathfinder elements. The northwest trend at JP Ross is a parallel orientation to the 9.5 kilometer by 3.5 kilometer trend at White Gold.

The Frenzy Au-in-soil anomaly measures 2.7 by 1.0 km and consists of 459 samples with an average grade of 18 ppb Au, ranging from trace to 1,142ppb Au. The prospect is underlain by similar host rocks to the Golden Saddle Deposit, with a similar geochemical signature. As a comparison, the Golden Saddle soil anomaly measures 1.8 by 0.9 km and consists of 348 samples which outlines an u-shaped anomaly with an average grade of 22 ppb Au, ranging from trace to 364 ppb Au.

The ridge and spur sampling has identified numerous areas for additional grid soil sampling, including Sabotage Ridge, which is a 1,600 meter long, single ridge line gold with soil samples ranging from trace to 132 ppb Au averaging 23 ppb. Samples for the entire Property range from trace to 2,200 ppb Au, averaging 5 ppb.

The JP Ross and Maisy May area is underlain by a similar rock types and structures to the White Gold property, including metamorphosed mafic volcanic, intermediate intrusive and sedimentary rocks, as well as mid-Cretaceous to Early Tertiary plutons and volcanics. At the White Gold Property, the Golden Saddle deposit is hosted within a metavolcanic sequence, and the Arc Deposit is hosted with sedimentary rocks.

Adrian Fleming, President of Underworld, said, "The new soil geochemical results for JP Ross vindicate the exploration approach we have used, are similar or of larger magnitude to the footprint of the Golden Saddle Deposit and confirm the potential of the White Gold District to host multiple occurrences of gold mineralization. We look forward to the results of our proposed aggressive 2010 regional drill program."

Due to poor exposure of bedrock in the White Gold District, soil sampling is the primary reconnaissance exploration tool utilized by Underworld. Underworld plans to set up an additional exploration camp at JP Ross to complete further soil sampling, trenching and diamond drilling during the 2010 field season.

Quality Assurance

SRK Consulting (Canada) Inc ("SRK") was engaged by Underworld in September 2009 to evaluate the mineral resources for the White Gold Project discovered and identified by drill programmes carried out in 2008 and 2009.

Underworld has implemented a rigorous QA/QC program at the White Gold Property using best industry practice. Elements of the program include: chain of custody of samples, insertion of standard and blank samples, and check assays. Soil and rock samples were collected by experienced and well trained geologists and geological technicians, and shipped in sealed bags to Acme Laboratories in Vancouver, B.C.

The Company's Exploration Program is being directed by Adrian Fleming, M.A.I.G, RPGeo, M.Aus.I.M.M., President of Underworld Resources and a Qualified Person as defined by NI 43-101. Mr. Fleming prepared, and approves of the content of this release.

Underworld Resources is a well-structured junior exploration company focused on expanding its new gold discovery in the Yukon.

ON BEHALF OF THE BOARD OF DIRECTORS

Adrian Fleming, President

Forward Looking Statement

Some of the statements contained in this press release are forward-looking statements. Forward-looking statements are not historical facts and are subject to a number of risks and uncertainties beyond the Company's control, including, but not exclusively, statements regarding potential mineralization, exploration results, completion of work program and studies, and future plans and objectives of the Company. Resource exploration, development and operations are highly speculative, characterized by a number of significant risks, which even a combination of careful evaluation, experience and knowledge may not eliminate, including, among other things, unprofitable efforts resulting not only from the failure to discover mineral resources but from finding mineral deposits which, though present, are insufficient in quantity and quality to return a profit from production.



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


For more information, please contact

Underworld Resources Inc.
Jeff Sundar
Investor Relations
604-684-4001
604-484-7155 (FAX)
www.underworldresources.com
Click here to see all recent news from this company
Trading Halt :lick:

Natürlich mal wieder reiner Zufall das Umsätze und Kurs in den letzten Tagen explodiert sind :D
mal wieder, die haben ein händchen muss man denen lassen Aurelian haben sie auch ziemlich günstig bekommen
Jetzt sollte man die Area-Plays im Auge behalten.

ADG - Arcus Development

PEX - Pacific Ridge Exploration



Viel Spaß
Underworld receives friendly takeover bid from Kinross
http://www.stockwatch.com/newsit/newsit_newsit.aspx?bid=Z-C:…

2010-03-11 10:04 ET - News Release

Mr. Adrian Fleming reports

KINROSS GOLD CORPORATION ANNOUNCES PROPOSED ACQUISITION OF UNDERWORLD RESOURCES INC.

Underworld Resources Inc. and Kinross Gold Corp. have approved a business combination by way of a friendly offer by Kinross to acquire 100 per cent of the outstanding common shares of Underworld not already owned by Kinross. Subject to the execution of definitive agreements, the board of directors of Underworld unanimously recommends the offer to its shareholders and the directors and management team have agreed to tender their shares to the offer. Pursuant to the terms of the letter agreement, Underworld has agreed to work exclusively with Kinross toward the conclusion of a definitive support agreement which is anticipated to be executed and delivered by the parties by March 15, 2010.

Elements of the transaction include

For each Common Share of Underworld, Kinross will offer 0.141 of a Kinross common share, plus $0.01 in cash. The Offer represents an implied offer price of approximately $2.62 per Common Share, based on the March 10, 2010 closing price of $18.54 per Kinross common share on the Toronto Stock Exchange (the "TSX"). The transaction values the fully-diluted share capital of Underworld at approximately $139.2 million.
Antwort auf Beitrag Nr.: 39.116.226 von teatimenow am 11.03.10 17:36:07
Hallo Teatimenow,

Ist mir auch schon seit geraumer Zeit aufgefallen -Kinross fährt m.E.n. einen sehr guten Akquisitions(oder auch Beteiligungen)kurs.

Gruß
Popeye


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