Brett Resources - unterbewerteter Goldexplorer mit großen Chancen - 500 Beiträge pro Seite

[baenker30]

Hallo,

habe mir mal erlaubt einen Thread über diese Perle zu eröffnen.
Fehlt mir hier noch

[baenker30]

Antwort auf Beitrag Nr.: 38.409.381 von baenker30 am 18.11.09 12:20:06

Hier mal die aktuelle Premlimiary Studie:


VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 12, 2009) - Brett Resources Inc. (TSX VENTURE:BBR - News; "Brett" or the "Company") is pleased to announce the results of the Preliminary Assessment Study (the "Study") of its 100% owned Hammond Reef Gold Project (the "Project") located near Atikokan, Ontario. The Study was compiled by Scott Wilson Roscoe Postle Associates, Inc. (Scott Wilson RPA) and uses the new Base Case Inferred Mineral Resource of 6.70 million ounces of gold (259.4 million tonnes grading 0.8 grams per tonne (g/t) gold (Au) at a cut-off grade of 0.30 g/t, which relates to the economic cut-off in the Study). Using a base case gold price of $825 per ounce, the Study shows that the Project has a net pre-tax cashflow (undiscounted) of $1,186 million with an after tax Net Present Value (NPV) of $413 million using a 5% discount rate. The mine would recover 5.13 million ounces of gold at a strip ratio of 1.43 to 1 over a 14-year mine life.
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Over the first six years, on average, Hammond Reef will produce 463,000 ounces of gold per year at a head grade of 0.91 g/t Au, with direct cash costs of $360 per ounce (net of silver credits). Over a projected 14-year mine life the current deposit would produce an average of 369,000 ounces of gold per year at an average direct cash cost of $414 per ounce (net of silver credits), generating earnings before interest, taxes and capital recovery (EBITDA) of $1,958 million and earnings before interest and taxes (EBIT) of $1,186 million. For the first six years of production, the pre-tax operating cash flow is $1,229 million (EBITDA) and $656 million (EBIT). The Study shows a pre-tax Internal Rate of Return of 18.5% (15.2% after tax) and a Payback Period of 4.2 years (4.6 years after tax). Results of the Study are highly encouraging and Brett is continuing infill and exploration drilling as well as metallurgical, environmental and engineering studies to advance the Hammond Reef Gold Project to feasibility and production.

Patrick Soares, President and CEO of Brett, commented: "These robust economic results, the recent signing of the MOU with eight First Nations, very strong community support and promising nearby exploration targets encourage Brett to press on with exploration and engineering activities and advance the Hammond Reef Project to and through feasibility as quickly as possible."

Study Summary


-------------------------------------------------------------------------
Estimated Pit Contained Gold 5,515,000 ounces
-------------------------------------------------------------------------
Estimated Net Recoverable Gold (based on 93% recovery) 5,129,000 ounces
-------------------------------------------------------------------------
Mill production rate
-------------------------------------------------------------------------
Daily 50,000 tonnes
-------------------------------------------------------------------------
Annual (million) 17.5 tonnes
-------------------------------------------------------------------------
Life of Mine 14 years
-------------------------------------------------------------------------
Overall Strip Ratio 1.43
-------------------------------------------------------------------------
Capital Expenditure
-------------------------------------------------------------------------
Initial $ 614 M
-------------------------------------------------------------------------
Sustaining $ 158 M
-------------------------------------------------------------------------
Total $ 772 M
-------------------------------------------------------------------------
Total per ounce produced $ 151
-------------------------------------------------------------------------


-------------------------------------------------------------------------
Years 1 to 6 Life of Mine
-------------------------------------------------------------------------
Gold Production (ounces per year) 463,000 369,000
-------------------------------------------------------------------------
Average feed grade to mill (grams per tonne) 0.91 0.70
-------------------------------------------------------------------------
Cash cost per ounce
-------------------------------------------------------------------------
Before royalties $ 360 $ 414
-------------------------------------------------------------------------
After royalties $ 382 $ 442
-------------------------------------------------------------------------


Economic results for the Base case and Base Case +20% are as follows:


---------------------------------------------------------------------------
Base Case Base Case +20%
($825/oz gold) ($990/oz gold)
---------------------------------------------------------------------------
Net Present Value at 5% Discount Rate
---------------------------------------------------------------------------
Pre tax $ 588 M $ 1,110 M
---------------------------------------------------------------------------
After tax $ 413 M $ 811 M
---------------------------------------------------------------------------

---------------------------------------------------------------------------
Net Cashflow (NPV at 0% Discount Rate)
---------------------------------------------------------------------------
Pre tax $ 1,186 M $ 2,014 M
---------------------------------------------------------------------------
After tax $ 900 M $ 1,534 M
---------------------------------------------------------------------------

---------------------------------------------------------------------------
Internal Rate of Return (IRR) pre tax 18.5% 27.7%
---------------------------------------------------------------------------
Internal Rate of Return (IRR) after tax) 15.2% 22.9%
---------------------------------------------------------------------------
Revenue $ 4,272 M $ 5,117 M
---------------------------------------------------------------------------
Operating earnings pre tax,interest and
capital recovery (EBITDA) $ 1,958 M $ 2,786 M
---------------------------------------------------------------------------
Operating earnings pre tax, interest and
after capital recovery (EBIT) $ 1,186 M $ 2,014 M
---------------------------------------------------------------------------
Payback pre tax (years) 4.2 3.1
---------------------------------------------------------------------------
Payback after tax (years) 4.6 3.5
---------------------------------------------------------------------------


All dollar amounts presented in this press release are expressed in US dollars. An exchange rate of 1.11 Canadian to US dollars was used with respect to Canadian expenditures.

Life of mine capital expenditures are estimated at $772 M (which includes an initial capital expenditure of $614 M), giving the Project an overall capital expenditure per recoverable ounce of $151.

This Study will be the foundation for further growth as Brett continues with infill drilling to raise the resource classification and explores for new resources on nearby targets. Brett's current 70,000 metre drill program includes exploration drilling of new gold zones identified by this summer's exploration.

The Study is preliminary in nature, it includes Inferred Mineral Resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as Mineral Reserves, and there is no certainty that the Preliminary Assessment will be realized.

Location

The Hammond Reef Project is located in the Sawbill Bay-Marmion Reservoir area of the Thunder Bay Mining District, approximately 170 kilometres west of Thunder Bay, Ontario, Canada, and roughly 23 kilometres northeast of the town of Atikokan, Ontario. The property can be accessed both by water and by gravel road and there is a power line approximately 10 kilometres to the west, and a 230MW power generating station 14 kilometres to the southwest of the property. Atikokan has a population of about 3,000 people and is serviced by provincial highway and rail. The local economy is based on forestry, a thermal generating station, government services, retail services, tourism and light manufacturing, and has a history of mining. The region benefits from a strong contractor and supplier base to the mining industry and an experienced mining workforce. Other resources are available from Thunder Bay, which has a population of over 100,000 and is home to an international airport with daily scheduled jet service, rail service and port facilities.

Mineral Resources

Based on the results of the Study, the economic cut-off at a gold price of $825 per ounce is 0.27 g/t gold. Therefore, the Study was based on a new base case NI 43-101 compliant Inferred Mineral Resource of 259.8 million tonnes at 0.80 g/t gold totaling 6.7 million ounces of gold at a 0.30 g/t Au cut-off.

The mineral resource at various cut-offs is as follows:


--------------------------------------------
Cut-off Tonnes Grade Gold Oz
Au g/t (000,000) Gold g/t (000,000)
--------------------------------------------
1.00 60.2 1.46 2.83
--------------------------------------------
0.90 77.1 1.35 3.34
--------------------------------------------
0.80 98.4 1.24 3.93
--------------------------------------------
0.70 124.6 1.14 4.56
--------------------------------------------
0.60 155.0 1.04 5.19
--------------------------------------------
0.50 188.5 0.95 5.78
--------------------------------------------
0.40 227.0 0.87 6.34
--------------------------------------------
0.30 259.4 0.80 6.70
--------------------------------------------
0.20 281.9 0.76 6.89
--------------------------------------------


Capital Investment Program

The initial capital investment program amounts to $614 M and is summarized below:


----------------------------------------------------------------------------
Mining
- Equipment $70.8 M
- Pre-production $34.2 M $105.0 M
Infrastructure (including roads, buildings, communications) $46.0 M
Mineral Processing Plant $300.9 M
Tailings $33.5 M
Indirects $72.8 M
----------------------------------------------------------------------------
Subtotal $558.2 M
Contingency $55.8 M
----------------------------------------------------------------------------
Total (millions) $614.0 M
----------------------------------------------------------------------------


The investment program is scheduled over a three year period. Sustaining capital is estimated at $158 M and is primarily for additional mining equipment, infrastructure and a dike to extend the pit into Marmion Reservoir. Closure cost provisions amount to $35 M.

Mining

The preliminary mining plan was developed using the Inferred Mineral Resources audited by Scott Wilson RPA. An open pit optimization was performed using Whittle software, which is based on the Lerchs-Grossmann algorithm. The pit optimization resulted in an estimated mining resource conversion rate of 82 percent relative to the Inferred Mineral Resource at a cut-off of 0.3 g/t gold. The annual mining excavation plan shown below was based on stockpiling lower grade material during the initial 6 years for processing in the later years of the mine life.


----------------------------------------------------------------------------
Processed Mine to Cumulative Total
---------------- Mill Waste Stockpile Moved Strip
Year kTonnes Au (g/t) kTonnes kTonnes kTonnes kTonnes Ratio
----------------------------------------------------------------------------
-1 - - - 9,045 50 9,095 -
----------------------------------------------------------------------------
1 14,875 0.85 14,825 18,248 6,004 39,127 1.23
----------------------------------------------------------------------------
2 17,500 0.86 17,500 31,784 15,797 59,077 1.82
----------------------------------------------------------------------------
3 17,500 0.80 17,500 30,016 29,878 61,598 1.72
----------------------------------------------------------------------------
4 17,500 0.94 17,500 29,700 37,848 55,170 1.70
----------------------------------------------------------------------------
5 17,500 0.99 17,500 27,333 48,220 55,205 1.56
----------------------------------------------------------------------------
6 17,500 1.01 17,500 32,354 56,034 57,668 1.85
----------------------------------------------------------------------------
7 17,500 0.49 7,772 42,228 46,306 59,728 2.41
----------------------------------------------------------------------------
8 17,500 0.63 17,222 40,778 46,028 58,278 2.33
----------------------------------------------------------------------------
9 17,500 0.61 17,500 36,040 46,028 53,540 2.06
----------------------------------------------------------------------------
10 17,500 0.72 17,500 20,406 46,028 37,906 1.17
----------------------------------------------------------------------------
11 17,500 0.72 17,500 22,318 46,028 39,818 1.28
----------------------------------------------------------------------------
12 17,500 0.51 7,537 7,760 36,065 25,260 0.44
----------------------------------------------------------------------------
13 17,500 0.39 - - 18,565 17,500 -
----------------------------------------------------------------------------
14 17,500 0.39 - - 1,065 17,500 -
----------------------------------------------------------------------------
15 1,065 0.39 - - - 1,065 -
----------------------------------------------------------------------------
Total 243,440 0.70 187,356 348,008 647,531(i) 1.43
----------------------------------------------------------------------------
(i) Includes 56.034 million tonnes re-handled from the stockpile to the mill


The deposit will be mined by conventional open pit mining methods using an initial fleet of thirteen 218-tonne haul trucks, two hydraulic shovels, one loader, three drills and various ancillary equipment.

The mine production daily rate, including waste, is estimated at 158,000 tonnes per day for the first nine years, decreasing thereafter. The waste-to-ore ratio is estimated at 1.43 to 1. The pit design includes a maximum inter-ramp pit slope of 49 degrees and a maximum highwall height of 345 m.

The initial pit design is limited by a 20 m standoff from Marmion Reservoir to the southwest. In year 5, a 1,200 m long dike may be constructed to allow the open pit to extend into the reservoir area for maximum extraction of the resource, extending the life of the mine from 12 to 14 years and optimizing the Project economics. The A-zone mineralized system remains open to the southwest as no drilling has taken place within the reservoir or on the land mass beyond where positive surface exploration results have been realized.

Mining costs have been estimated at an average of $1.40 per tonne moved. Fuel price assumption is based on $70 per barrel. The average annual fuel consumption is estimated at 31.2 million litres.

Mineral Processing

The plant design is based on tests recently completed at SGS Lakefield, Ontario which confirmed the viability of a flotation-cyanidation process. Coarse primary grind (180 micron) feeds bulk sulphide flotation to pre-concentrate the gold to a stream of less than 10% by weight of the plant feed. The concentrate is subjected to fine regrinding to nominal 80% passing 10 micron and cyanidation to achieve an overall gold recovery of 93%.

Confirmatory, variability and optimization metallurgical testwork continues.

In order to minimize the environmental impact of the Project, the use of thickened tailings disposal technology has been selected. In addition, placement of the tailings in the former Steep Rock iron ore open pits is being investigated. All Acid Base Accounting (ABA) and Net Acid Generation (NAG) analyses indicated that the process tailings are likely to be non-acid generating. The sulphide sulphur content of the deposit is low, and there appears to be adequate carbonate to neutralize any potential acid generation.

The mineral processing costs, including tailings operations and power, are estimated at $4.45/tonne milled using a power cost of $0.054 (CDN$0.06) per kilowatt hour.

Operating Costs

Total direct operating costs, including $0.73/tonne for general and administration costs, are estimated at $8.90 per tonne milled or an average of $414 per ounce before royalties. At a base case gold price of $825 per ounce this operating cost is equivalent to an average cut-off of 0.27 g/t gold.

The summary per year is outlined below, based on an average gold recovery of 93%:


---------------------------------------------------------------------
Tonnes Average Payable Gold Cost/ounce Cost/ounce
Milled Grade Production Excluding Including
Year (000's) (g/t Au) (000's oz) Royalties Royalties
---------------------------------------------------------------------
1 14,875 0.85 376 346 368
---------------------------------------------------------------------
2 17,500 0.86 447 380 402
---------------------------------------------------------------------
3 17,500 0.80 420 431 453
---------------------------------------------------------------------
4 17,500 0.94 492 341 363
---------------------------------------------------------------------
5 17,500 0.99 515 335 357
---------------------------------------------------------------------
6 17,500 1.01 527 341 362
---------------------------------------------------------------------
7 17,500 0.49 258 661 683
---------------------------------------------------------------------
8 17,500 0.63 327 510 531
---------------------------------------------------------------------
9 17,500 0.61 320 500 521
---------------------------------------------------------------------
10 17,500 0.72 378 387 409
---------------------------------------------------------------------
11 17,500 0.72 376 405 426
---------------------------------------------------------------------
12 17,500 0.51 268 464 486
---------------------------------------------------------------------
13 17,500 0.39 202 473 495
---------------------------------------------------------------------
14 17,500 0.39 202 473 495
---------------------------------------------------------------------
Total 243,440 0.70 5,119 $414 $442
---------------------------------------------------------------------


Economic Results

Under the Base Case scenario at a gold price at $825 per ounce, the unleveraged pre-tax Internal Rate of Return (IRR) is estimated at 18.5%, the Net Present Value (NPV) at a 5% discount rate is $588.4 million and the undiscounted cashflow is $1,186 million. The Base Case after tax IRR is 15.2%, the NPV at 5% is $413.2 million and the net cashflow (undiscounted) is $900.1 million.

The table below outlines sensitivities under various pre-tax price scenarios:


-----------------------------------------------------------------------
Gold Price($)(i) NPV at NPV at
per ounce IRR (%) 5% discount (M $) 0% discount (M $)
-----------------------------------------------------------------------
660 6.9 67.2 358.3
-----------------------------------------------------------------------
743 13.1 327.8 772.2
-----------------------------------------------------------------------
825 18.5 588.4 1,186.0
-----------------------------------------------------------------------
908 23.3 849.0 1,599.8
-----------------------------------------------------------------------
990 27.7 1,109.6 2,013.7
-----------------------------------------------------------------------
1073 31.8 1,370.1 2,427.5
-----------------------------------------------------------------------
1155 35.6 1,630.7 2,841.3
-----------------------------------------------------------------------


The table below outlines sensitivities under various after-tax price scenarios:


-----------------------------------------------------------------------
Gold Price($)(i) NPV at NPV at
per ounce IRR (%) 5% discount (M $) 0% discount (M $)
-----------------------------------------------------------------------
660 5.4 13.5 266.5
-----------------------------------------------------------------------
743 10.7 214.0 583.3
-----------------------------------------------------------------------
825 15.2 413.2 900.1
-----------------------------------------------------------------------
908 19.2 612.2 1,216.9
-----------------------------------------------------------------------
990 22.9 811.3 1,533.8
-----------------------------------------------------------------------
1073 26.3 1,010.4 1,850.6
-----------------------------------------------------------------------
1155 29.6 1,209.5 2,167.4
-----------------------------------------------------------------------
(i) Gold prices are varied by increments of +/- 10% from the Base Case
of $825.


Path Forward

The Company has begun a significant infill and exploration drill program as described in Brett's news release dated October 5, 2009. The required Federal and Provincial Environmental Assessment processes will be initiated shortly and are expected to take approximately 24 months to complete. These will be executed in parallel to other engineering studies to advance the Hammond Reef Gold Project toward production.

Detailed Report

The NI43-101 Preliminary Assessment Technical Report will be available mid December at www.sedar.com and on the Company's corporate website www.brettresources.com.

Qualified Person

The Preliminary Assessment Study was prepared by Scott Wilson RPA under the supervision of Mr. Richard J. Lambert, P.E., a registered professional engineer and an independent Qualified Person under the standards set forth by National Instrument 43-101. Mr. Joseph P. Ringwald, P. Eng., Vice-President Operations for Brett and a registered professional engineer, is the Company's designated Qualified Person for the purposes of the Study. Mr. Lambert and Mr. Ringwald have reviewed and approved the contents of this press release.

Conference Call

Brett will host a conference call on Thursday, November 12th at 10:00 AM Pacific Time / 1:00 PM Eastern Time where senior management and Brett's Technical team will discuss the Study and will be available to respond to questions from analysts and investors. Those interested in participating in the conference call should dial in at 416-340-8410 (Toronto local and international), or 866-225-2055 (North American toll free). An operator will direct participants to the call.

About Brett Resources Inc.

Brett Resources Inc. is a Canadian minerals exploration company whose primary mandate is the discovery, acquisition, and development of precious metals systems, with particular expertise in Canada and Latin America. Since 2006 Brett's primary focus has been the 100 percent owned Hammond Reef Gold Deposit in Ontario where a C.I.M. Inferred Resource of 6.70 million ounces of gold, 259.4 million tonnes at a grade of 0.8 grams per tonne utilizing a 0.3 gram per tonne gold cut-off has been outlined. The Company will continue to advance this flagship Project.

Patrick Soares, President & CEO

This news release contains forward-looking statements that are not based on historical fact, including those identified by the use of forward-looking terminology such as statements containing the words "believes", "may", "will", "estimates", "continue", "anticipates", "intends", "expects", "should" or the negatives thereof and words of similar import. Management of the Company cautions that these forward-looking statements are subject to risks and uncertainties that could cause actual events or results to differ materially from those expressed or implied by the statements. Management believes that the estimates are reasonable, but should not unduly be relied upon. The Company makes no representation, warranty (express or implied), or assurance as to the completeness or accuracy of these projections and, accordingly, expresses no opinion or any other form of assurance regarding them. Management does not intend to publish updates or revisions of any forward-looking statements included in this document to reflect the Company's circumstances after the date hereof or to reflect subsequent market analysis.

Neither TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

[baenker30]

Antwort auf Beitrag Nr.: 38.409.409 von baenker30 am 18.11.09 12:22:35

aktuelle Börsenbewertung ca. 165 Mio. Can$

da zeigt sich doch Spielraum! Siehe hierzu NPV in der Studie


- schöner Anstieg seit Veröffentlichung der Studie

- nur Insiderkäufe die letzte Zeit

Bitte um Meinungen!

Freue mich auf eine rege Diskussion!

[baenker30]

Antwort auf Beitrag Nr.: 38.409.499 von baenker30 am 18.11.09 12:31:28

noch was...

aktuelle Präsentation auf der Homepage!

Kinross hält ca. 21 %
Management ca. 7%

Cash 18 Mio Can$ per 31.07.09

[timesystem1001]

interessant, wann und Wieviel Unzen wollen die produzieren?
Cashkosten: 415 USD habe ich gelesen.

[baenker30]

Antwort auf Beitrag Nr.: 38.409.518 von baenker30 am 18.11.09 12:33:45

auf Stockhouse.ca hat jemand Notizen zum Conference Call eingestellt, da dürfte auch was zum Zeitplan dabei sein

[brocklesnar]

Antwort auf Beitrag Nr.: 38.409.676 von baenker30 am 18.11.09 12:51:46

hatte sie schon bei 0,42 beobachtet und nicht gekauft
aber endlich gibt es einen Thread

[baenker30]

Antwort auf Beitrag Nr.: 38.410.958 von brocklesnar am 18.11.09 15:20:13

Hallo,

und was meinst jetzt? Noch nen Einstieg wert oder?
Ist schwierig wenn man schon so nen Anstieg beobachtet hat. Mir gehts so mit Hecla.

Auch im Stockhouse wird meiner Meinung nach sehr wenig über Brett diskutiert. Wobei aus seit dieser Studie mehr geworden ist.

[brocklesnar]

gute frage?

hecla hatte ich bei 1,75€ gekauft sollte weiter hochgehen

brett hat bestimmt noch Potenzial nach oben

[baenker30]

Antwort auf Beitrag Nr.: 38.413.055 von brocklesnar am 18.11.09 18:20:35

Naja, kleine Korrektur heute.
Aber wies aussieht ist sie schon wieder am steigen!

[baenker30]

Antwort auf Beitrag Nr.: 38.421.069 von baenker30 am 19.11.09 18:24:25

Schöne Umsätze heute schon um diese Zeit.
Gibts ne Empfehlung für Brett oder ähnliches...

Oder ists "nur" der Goldpreis?

[jeffjass]

Antwort auf Beitrag Nr.: 38.435.856 von baenker30 am 23.11.09 10:27:35

charttechnisch sieht es jedenfalls gut aus.

http://www.stockta.com/cgi-bin/analysis.pl?technical=shortAn…

[Dirkix]

@ baenker30
Gibts ne Empfehlung für Brett oder ähnliches...
Jepp! So wie es aussieht hat der Oxford Club für Brett getrommelt! Hab heute diese Werbemail von denen bekommen und ein bisschen recherchiert, welcher Explorer gemeint sein könnte! Scheint alles auf dich hinzuweisen...!

Mal den (etwas zu reisserischen) Text im Original:

Gold-Rakete Nr. 1 — Potenzial Minimum 689,47 %!
Diese Gold-Aktie hat es wirklich in sich. Sie gehört genau zu jener Art von Aktien, die jetzt im besonderen Maße steigen. Und der Kaufkurs für diese Aktie ist so unglaublich günstig, dass Sie unbedingt jetzt einsteigen sollten.
Dieses Unternehmen ist noch klein, es wird aber schon bald durch sein riesiges Expansionspotenzial auf sich aufmerksam machen.
Mit dem sofortigen Einstieg sichern Sie sich exorbitant große Gewinnchancen!
Das Potenzial liegt bei Minimum 689,47 Prozent, und wenn es zum explosiven Ausbruch des Goldpreises kommt, sind sogar noch sehr viel höhere Gewinne möglich!
In der kommenden Woche könnte dieses Juwel bereits übernommen werden, oder Spekulanten könnten den Aktienkurs bereits in Schwindel erregende Höhen getrieben haben.
So etwas passiert derzeit ungewöhnlich schnell ...
Deshalb sollten Sie auch unbedingt sofort aktiv werden.
Dieses von der Anlegermasse noch nahezu unentdeckte Juwel betreibt ein hochinteressantes Gold-Projekt in der kanadischen Provinz Ontario.
Seit Oktober 2008 wird die dort liegende Goldressource offiziell auf rund 4,8 Millionen Unzen Gold geschätzt.
Die Details des Projekts machen diesen kleinen, unter Privatanlegern (noch!) weitgehend unbeachteten Wert zu einem begehrten Übernahmekandidaten.
Gold sehr günstig abbaubar: 97 % der Ressource liegen innerhalb einer Tiefe von 300 Metern. Das Unternehmen kann sich somit später die Errichtung extrem teurer Tunnel und Fördertürme sparen und das Gold günstig im Tagebau abbauen.
Glänzende Ausbeute: Erste metallurgische Tests des Gesteins zeigen Recovery-Quoten — die Prozentsätze, zu denen das Gold aus dem Gestein gefiltert werden kann — von 93%. Ein exzellenter Wert, denn bereits Quoten von 70 bis 80 % gelten als hoch!
Hervorragende Infrastruktur: Stromleitungen liegen innerhalb einer Entfernung von nur zehn Kilometern und das Projekt ist über All-Wetter-Straßen erreichbar.
Alleineigentümer des Projektes: Das Explorationsunternehmen kann die zukünftigen Gewinne dieses Projekts allein kassieren, denn es hat 100 % der Besitzrechte! Das ist bei Explorern dieser Größenordnung nicht der Normalfall.
Kinross sicherte sich bereits Anteil: Das große Potenzial dieses Projekts veranlasste den namhaften kanadischen Goldproduzenten Kinross Gold, 26% der Unternehmensaktien zu erwerben.
Und das Beste ist: Die Goldmineralisierungen verlaufen offen in Breite und Tiefe, so dass noch erhebliches Ausbaupotenzial besteht. Um dieses Potenzial voll auszuschöpfen, gibt dieses aussichtsreiche Gold-Explorationsunternehmen 2010 bei der Bohrtätigkeit richtig Gas.

Die Frühjahrs-Bohrkampagne wurde kürzlich abgeschlossen und bestätigt das Riesen-Potenzial des Projekts:
Das Vorkommen konnte durch erfreuliche Funde in Richtung Westen, in die Tiefe und Richtung Nordosten erweitert werden.
Das sind optimale Voraussetzungen für Riesengewinne mit dieser Gold-Aktie. Denn diese neuen Funde haben beste Chancen, beim nächsten Ressourcen-Update die aktuelle Ressource zu vergrößern.
Das Projektgebiet im Überblick

Für den den Herbst ist ein „aggressives“ Explorationsprogramm geplant, das hauptsächlich auf ein bisher unerkundetes Areal abzielt.
Werden auch hier wieder so hervorragende Ergebnisse geliefert wie beim Frühlings-Bohrprogramm, werden zahlreiche Investoren erstmals auf diesen Explorer aufmerksam werden und den Aktienkurs rasant in die Höhe treiben!
Sie haben es in der Hand: Profitieren Sie massiv von der unmittelbar bevorstehenden Kaufpanik bei Gold
Im Juni 2009 wurde eine so genannte Scoping-Studie (vorläufige Schätzung der Wirtschaftlichkeit) in Auftrag gegeben.
Am Ende dieser Studie wird eine neue Ressourcen-Schätzung stehen, die — wie die bisherigen Bohrerfolge vermuten lassen — äußerst positiv ausfallen wird.
Eigentlich kaum zu glauben, dass bisher außer Kinross Gold noch keine anderen großen Investoren auf dieses kleine Juwel gestoßen sind.
Es spricht ALLES dafür, dass der Explorer in Zukunft ganz groß rauskommen wird und der Aktienkurs megamäßig explodieren wird.
Hinzukommt, dass aufgrund des erworbenen Aktienpakets eine zukünftige Übernahme durch Kinross Gold sehr wahrscheinlich ist.
Und was das für einen gigantischen Freudensprung für die Aktie bedeuten wird, können Sie sich sicher vorstellen!
Steigen Sie jetzt sofort ein und sichern Sie sich so Zugriff auf Minimum 689,47 Prozent Gewinnpotenzial!
Renommierte US-Fachpublikationen haben die Aktie bereits im Fokus — unbedingt noch vor einer Veröffentlichung einsteigen!
In diese Aktie können Sie augenblicklich zu einem unglaublich günstigen Kurs einsteigen. Stellen Sie sich vor:
Die aktuelle Börsenbewertung des Unternehmens liegt bei unglaublich niedrigen 10 kanadischen Dollar je Unze.
Dazu müssen Sie wissen, dass die durchschnittliche Bewertung für solche Unternehmen zwischen 75 und 90 kanadischen Dollar liegt.
Allein aus dieser Differenz ergibt sich schon ein ganz gewaltiges Renditepotenzial.
Gerade eben habe ich noch mit Friedrich Lange telefoniert, dem Chefredakteur der OXFORD CLUB EilDepesche und renommierten Experten für Investments im Rohstoff- und Edelmetallbereich.
Er hat mir berichtet, dass er aus sehr zuverlässiger Quelle erfahren hat, dass viel beachtete Fachpublikationen aus den USA genau dieses Unternehmen im Fokus haben ...
Eine Veröffentlichung in solchen Publikationen, die überall auf der Welt gelesen werden, bedeutet für den Aktienkurs immer einen Turbo-Schub nach oben ...
Perfekte Rahmenbedingungen, heißer Übernahmekandidat — Sie müssen sofort am Montag oder spätestens Dienstag kaufen!
Wie gesagt: Ich stelle Ihnen hier keine Werte vor, mit denen Sie alt werden sollen, hier geht es um extrem hohe und oft auch extrem schnelle Gewinne.
Wenn der Goldpreis zusätzlich noch über sein inflationsbereinigtes Allzeithoch von 2.400 US-Dollar steigt, ist das Potenzial dieses Wertes noch um ein Vielfaches höher als bloß 689,47 Prozent ...
Hier heißt es tatsächlich sofort, am besten Montag oder spätestens Dienstag, einsteigen.
Und ich habe direkt noch eine zweite fantastische Kaufgelegenheit für Sie!
Die ausführlichen Informationen inklusive aller Orderdaten können Sie jetzt sofort gratis herunterladen.
Oder lesen Sie einfach diesen Spezialreport weiter.

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[Boersenkrieger]

Antwort auf Beitrag Nr.: 38.655.215 von Dirkix am 02.01.10 19:08:11

schon witzig..

hatte aus langeweile das auch mal gelesen... nach 3 klicks mit google blieb nur brett übrig.
scheint ein guter wert, aber schon solide gelaufen, trotzdem scheinbar recht günstig

[timesystem1001]

Antwort auf Beitrag Nr.: 38.655.465 von Boersenkrieger am 02.01.10 21:23:26

kann Deine Aussage nur bestätigen, jedoch noch Jahre von der Produktion entfernt und ob ein Explorer nun die Unze Gold zu 34 CAD oder 20 CAD oder 70 CAD bewertet bekommt (vom Markt) lässt sich nicht so richtig abschätzen, hier wartet man dann halt nur auf gute Bohrergebnisse, Ress.-erweiterungen oder die Übernahme.
Ist mir auch schon zu gut gelaufen, da nehme ich dann lieber die Greystar. Hatten der Oxford -Club auch im "besonderen" Radar.

[Boersenkrieger]

Antwort auf Beitrag Nr.: 38.656.114 von timesystem1001 am 03.01.10 11:38:09

bin eigentlich auch voll mit gut gelaufenen em-explorern.
möchte da auh vorerst nichts zukaufen, aber auch nicht verkaufen.

[baenker30]

Antwort auf Beitrag Nr.: 38.655.215 von Dirkix am 02.01.10 19:08:11

Hi Dirkix,

danke für die Info. Kenn den Oxford Club leider nicht.
Ist das ein seriöser Börsenbrief?

[Dirkix]

Antwort auf Beitrag Nr.: 38.725.619 von baenker30 am 13.01.10 12:29:43

Ist das ein seriöser Börsenbrief?
Dies wirklich objektiv zu beurteilen fällt schwer, da ich ihn nicht aboniert habe! Aber BBs die sich einer Wortwahl wie "Raketen" befleissigen und mit Kurssteigerungen von 700 oder 1.000 Prozent werben (= die zweite "Goldrakete" den Teil der eMail hab ich nicht mit eingestellt) kann man meiner Meinung nach nicht wirklich als "seriös" beurteilen...
Erinnert mich:
DAUSEND!

[baenker30]

Antwort auf Beitrag Nr.: 38.732.060 von Dirkix am 13.01.10 23:57:43

Hast recht!

Aber was solls, so lang sie so weiter steigt kann
jeder schreiben was er will.

[jeffjass]

January 14, 2010
Brett Resources Inc. Announces $21.0 Million "Bought Deal" Financing

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES.

Brett Resources Inc. (TSX Venture Exchange - BBR) is pleased to announce that it has entered into an agreement with Dundee Securities Corporation ("Dundee Securities") and a syndicate of underwriters (the "Underwriters"), under which the Underwriters have agreed to purchase on an underwritten basis 10,000,000 common shares (the "Common Shares") of Brett at a price of $2.10 per Common Share for total gross proceeds to Brett of $21,000,000. Under the agreement, the Underwriters have an over-allotment option to purchase up to an additional $3,150,000 of Common Shares, which if exercised in full will result in gross proceeds of $24,150,000. The proceeds of the offering shall be used primarily for general and administrative expenses and for working capital.

The Common Shares to be sold under the agreement will be offered by way of a short form prospectus in the Provinces of British Columbia, Alberta and Ontario and the Common Shares to be sold under this offering will be offered in the United States on a private placement basis pursuant to an exemption from the registration requirements of the United States Securities Act of 1933, as amended.

The offering is scheduled to close on February 4, 2010 and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the approval of the TSX Venture Exchange and other applicable securities regulatory authorities.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful. The securities have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

Brett Resources Inc.

[jeffjass]

January 15, 2010
Brett Resources Inc. Increases Bought Deal Offering to $26.1 Million

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES.

Brett Resources Inc. (TSX Venture Exchange - BBR) in connection with its previously announced public offering, is pleased to announce that the Corporation and the syndicate led by Dundee Securities Corporation, together with Canaccord Financial Ltd. and Cormark Securities Inc. (collectively, the "Underwriters"), have agreed to increase the size of the offering. Under the revised terms, the Underwriters have agreed to purchase, on an underwritten basis, 12,425,000 common shares (the "Common Shares") of Brett at a price of $2.10 per Common Share for total gross proceeds to Brett of $26,092,500. Under the agreement, the Underwriters have an over-allotment option to purchase up to an additional $3,913,875 of Common Shares, which if exercised in full will result in gross proceeds of $30,006,375. The proceeds of the offering shall be used primarily for general and administrative expenses and for working capital.

The Common Shares to be sold under the agreement will be offered by way of a short form prospectus in the Provinces of British Columbia, Alberta and Ontario and the Common Shares to be sold under this offering will be offered in the United States on a private placement basis pursuant to an exemption from the registration requirements of the United States Securities Act of 1933, as amended.

The offering is scheduled to close on February 4, 2010 and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the approval of the TSX Venture Exchange and other applicable securities regulatory authorities.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful. The securities have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

Brett Resources Inc.

[jeffjass]

January 18, 2010
Brett Grants Incentive Stock Options
News Release 10-02

Brett Resources Inc. (TSX Venture Exchange - BBR) announces that subject to TSX Venture Exchange approval, it has granted 2,550,000 stock options to officers, directors, employees and consultants of the Company. The options are set for a period of five years, expiring on January 18, 2015, and will allow the holder to purchase a share in the Company at a price of $2.24. Any shares issued on the exercise of these stock options will be subject to a four-month hold period from date of grant.

About Brett Resources Inc.

Brett Resources Inc. is a Canadian minerals exploration company whose primary mandate is the discovery, acquisition, and development of precious metals systems, with particular expertise in Canada and Latin America. Since 2006 Brett's primary focus has been the 100 percent owned Hammond Reef Gold Deposit in Ontario where a C.I.M. Inferred Resource of 6.70 million ounces of gold, 259.4 million tonnes at a grade of 0.8 grams per tonne utilizing a 0.3 gram per tonne gold cut-off has been outlined. The Company will continue to advance this flagship Project.

Patrick Soares,
President & CEO

[jeffjass]

January 14, 2010
Brett's In-Fill Drilling Continues to Intersect Significant Widths and Grades at Hammond Reef
News Release 10-01


Brett Resources Inc. (TSX Venture Exchange -- BBR) is pleased to provide results from drilling completed to the end of 2009 at its Hammond Reef Project in northwestern Ontario. Highlights of recent results include drill holes BR-148 with 196.5 metres of 1.13 grams per tonne Au, BR-153 with 97.5 metres of 2.24 grams per tonne Au and BR-163 with 198.0 metres of 1.02 grams per tonne Au.

Patrick Soares, President and CEO comments, "I am pleased that the current in-fill drill program is providing consistently good results that confirm the continuity of the mineralization".

Drilling completed to the end of 2009 totaled 29 holes and just over 9,200 metres. Assay results from BR-135 to BR-147 were released on December 8, 2009. The Company has now received the assays for the remaining 16 holes, BR-148 to BR-163. Please see drill plan map on the Company's website.

The majority of these newly released results report to the infill program of the A-Zone, with the exception of holes BR-149 and BR-151 which were collared North of Mitta Lake. The diamond drilling completed North of Mitta Lake tested the footwall of the system just east of the A-Zone. The in-fill program has been designed to assist in determining the drill density required to convert the current Inferred Resource to Indicated and Measured. The infill holes will also be used to refine the geological interpretation of the deposit.

Summarized below are the best intervals for each of the 16 holes. A complete listing of all the intervals for these holes along with a plan view of the holes can be found on the Company web site at www.brettresources.com. Schematic cross-sections showing mineralization will be added to the web site.

Cross
Section Hole No. From
(m) To
(m) Core Length Au
(g/t)
1770_E BR-148 117.5 314.0 196.5 1.13
incl 144.5 168.5 24.0 1.85
243.5 287.0 43.5 1.90

1745_E BR-150 80.0 297.5 217.5 1.18
incl 146.0 168.5 22.5 2.40
incl 192.5 237.5 45.0 2.57

1745_E BR-152 86.0 192.5 106.5 0.93
incl 152.0 156.5 4.5 5.64

1695_E BR-153 201.5 299.0 97.5 2.24
incl 263.0 279.5 16.5 6.51
309.5 342.5 33.0 1.03

1720_E BR-154 24.5 78.5 54.0 0.39
102.5 147.5 45.0 0.64
236.0 239.0 3.0 10.23

1695_E BR-155 72.5 156.5 84.0 0.75
167.0 293.0 126.0 1.25
incl 182.0 223.7 41.7 2.12
incl 240.2 254.0 13.8 2.24

1745_E BR-156 72.5 120.5 48.0 1.02
129.5 255.5 126.0 1.42
incl 210.5 228.5 18.0 2.64

1720_E BR-157 36.5 42.5 6.0 2.51
179.0 288.5 109.5 0.73
incl 239.0 257.0 18.0 1.77

1795_E BR-158 75.5 198.5 123.0 0.77
incl 171.5 182.0 10.5 2.32

1770_E BR-159 146.0 179.0 33.0 0.50
188.0 329.0 141.0 0.71
incl 248.0 257.0 9.0 2.00

1845_E BR-160 38.0 134.0 96.0 1.26
incl 99.5 114.5 15.0 3.51
147.5 194.0 46.5 0.73

1745_E BR-161 138.5 318.5 180.0 0.62

1820_E BR-162 150.5 165.5 15.0 1.14
212.0 344.0 132.0 1.31
incl 248.0 258.5 10.5 2.99
incl 299.0 318.5 19.5 2.31

1845_E BR-163 129.5 327.5 198.0 1.02
incl 236.0 252.5 16.5 3.23

Limited drill testing of the footwall was completed with six holes. The assay results of last two of these holes are reported. The objective of drill testing the footwall was for a combination of exploration and engineering planning purposes.

The following table shows the footwall exploration holes:

Cross
Section Hole No. From
(m) To
(m) Core Length Au
(g/t)

2120_E BR-149 15.50 18.50 3.00 0.410
26.00 33.50 7.50 0.411
84.50 89.00 4.50 0.424
206.00 209.00 3.00 0.443

1920_E BR-151 20.00 24.50 4.50 0.397
51.50 75.50 24.00 0.342
87.50 98.00 10.50 0.291

Brett has resumed drilling at Hammond Reef with two diamond drills. One drill will continue to test the A-Zone area and the other will move to the 41-Zone where it will initiate completion of a tightly spaced drill hole layout.

This phase of 41-Zone testing will have a similar objective to the A-Zone in-fill program where geological data will be collected to assist in determining the required drill density to upgrade the current Inferred Resource. These holes will also assist in refining the 41-Zone geological model.

A third drill diamond will be added to the program before the end of January. This third drill will be operated by Rainy Lake Tribal Contracting ("RLTC"), a well respected and highly experienced local First Nations contractor.

Quality Assurance and Quality Control

The Company utilizes standard industry practices in quality control and quality assurance with insertion of blind standards, blanks, and duplicates, in addition to the quality assurance and quality control practiced by the assay laboratory. Sample preparation and analysis are conducted by ALS Chemex Laboratories with sample preparation in Thunder Bay, ON, and analyses of pulps in North Vancouver, BC, ISO/IEC guideline 17025 accredited facilities. The geologist and Qualified Person under the terms of National Instrument 43-101 responsible for the verification of work and data acquisition at Hammond Reef is John Zbeetnoff, P. Geo.

Assay results used in this news release have some minor out of range control samples, as such, these samples as well as some of their related core samples are currently undergoing analytical rerun analyses for gold at the analytical lab. The assay results for these reruns are expected with in four to six weeks. It is not expected that there will be any noticeable impact on the final length weighted grade calculations. All significant grade changes will be reported in future new releases, minor changes will be posted on the website.

The Qualified Person responsible for this news release under the terms of National Instrument 43-101 is Patrick Soares, PGeo.

About Brett Resources Inc.

Brett Resources Inc. is a Canadian minerals exploration company whose primary mandate is the discovery, acquisition, and development of precious metals systems, with particular expertise in Canada and Latin America. Since 2006 Brett's primary focus has been the 100 percent owned Hammond Reef Gold Deposit in Ontario where a C.I.M. Inferred Resource of 6.70 million ounces of gold, 259.4 million tonnes at a grade of 0.8 grams per tonne utilizing a 0.3 gram per tonne gold cut-off has been outlined. The Company will continue to advance this flagship Project.

Patrick Soares,
President & CEO

[Tealc33]

Osisko Announces Friendly Take Over Bid to Acquire Brett Resources

MONTREAL, QUEBEC and VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 22, 2010) -

NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO A U.S. PERSON

Osisko Mining Corporation ("Osisko") (TSX:OSK)(FRANKFURT:EWX) and Brett Resources Inc. ("Brett") (TSX VENTURE:BBR)(FRANKFURT:A4N) jointly announce that they have entered into a definitive support agreement pursuant to which Osisko will offer to acquire (the "Offer") all of the issued and outstanding common shares of Brett (the "Shares"). Osisko has agreed to offer shareholders of Brett (the "Shareholders") 0.34 of an Osisko common share for each common share of Brett held. The consideration under the Offer represents a premium of 52.5% using the 20-day volume weighted average prices of Osisko and Brett on the TSX and TSX Venture, respectively for the 20 trading day period ending March 16, 2010. The value of the total consideration offered to the Shareholders is approximately $372 million calculated on a fully-diluted basis, implying an enterprise value of approximately $308 million. The boards of directors of both companies have unanimously approved this transaction and the board of directors of Brett will recommend that Shareholders tender to the Offer.

This transaction positions Osisko as a near-term, diversified growing gold producer with the following profile:

* Near-term production from Canadian Malartic
o Construction progressing and on schedule for a second quarter 2011 start-up
o Expected production of 688,000 ounces of gold in 2012
o Fully-financed and fully-permitted
* Potential to produce over 1 million ounces per year by 2015
o Brett's Hammond Reef Gold Project ("Hammond Reef") to potentially add an initial average production of 463,000 ounces per year
* Proven and probable in-pit reserves of 8.97 million ounces at Canadian Malartic
* Measured and indicated resources of 11.20 million ounces plus inferred resources of 7.17 million ounces at Canadian Malartic and Hammond Reef
* Strong balance sheet to fund future growth
o Over $600 million of paid-in capex at the Canadian Malartic Project
o $790 million in cash on hand (December 2009)
o Credit facility available for additional $130 million
o Cash on hand at Brett, plus anticipated proceeds from exercise of options and warrants representing a total of approximately $63 million
* Experienced mine building and operating team
o Over 10 mine builds completed collectively by the mine build team
o Proven track record in raising capital for development
* Potential for further growth through exploration
* Diversified asset base located in Canada, one of the world's most favorable mining jurisdictions
* Relatively shallow ounces, with pit depths currently projected at 300 metres (Hammond Reef) and 360 metres (Canadian Malartic)

Mr. Sean Roosen, President, CEO and Director of Osisko, commented, "Osisko is very pleased to make this offer to the shareholders of Brett to join us in our quest towards creating Canada's newest premier mid-tier gold producer. The addition of potential future production from the Hammond Reef project to Canadian Malartic could well see us become a million ounce per year producer within five years. With our mutual low cost profiles and stable jurisdictions, Osisko expects this transaction to attract a premium valuation in the marketplace for our shareholders. The experienced Osisko team will be able to focus on the completion of the exploration, environmental, engineering and community relations work necessary to move Hammond Reef towards a feasibility study in short order. Internal cash flow from operations anticipated to begin at Canadian Malartic in Q2 next year will allow the eventual project capex to be funded internally, further removing market risk to bringing Hammond Reef into production. This is a very good deal for the shareholders of Brett and Osisko, and one that creates true value for both. Osisko is continuing towards its goal of becoming a premium pure gold producer, with simple to understand, premium jurisdiction all-Canadian assets."

Mr. Ron Netolitzky, Chairman of Brett commented: "On behalf of the board and management of Brett, we are fully and unanimously supportive of this offer from Osisko. Hammond Reef has been a company changing asset for Brett, and our team has progressed the property through the value creation chain to the point where it has garnered what we feel is the necessary attention of a serious partner to help us take it forward to potential development. By combining forces with the industry leading team from Osisko, we feel that we are offering the shareholders of Brett the opportunity to maximize value through our combined efforts."

OVERVIEW OF HAMMOND REEF GOLD PROJECT

Upon closing, Osisko will assume ownership of Brett's 100%-owned Hammond Reef Gold Project, located near Thunder Bay, Ontario. Hammond Reef is a large and growing development project with potential to become a substantial open-pit mine. Hammond Reef currently hosts a National Instrument 43-101 – Standards for Disclosure for Mineral Projects ("NI 43-101") compliant inferred resource of 6.70 million ounces of gold (259.4 million tonnes at a grade of 0.8 grams per tonne, using 0.3 grams per tonne cut-off), of which 97% lies within 300 metres of surface.

A Preliminary Assessment Study (the "Study") was completed in November 2009 outlining an initial 14 year mine life operating at 50,000 tonnes per day. Over the first six years, on average, Hammond Reef is expected to produce 463,000 ounces of gold per year at cash costs of US$382 per ounce (including royalties, net of silver credits). Over the life of mine, Hammond Reef is expected to produce a total of 5.13 million ounces of gold at an average rate of 369,000 ounces per year and average cash costs of US$442 per ounce (including royalties, net of silver credits). Using a gold price of US$990 per ounce the Study shows that Hammond Reef has an after-tax net present value of US$811 million (using a 5% discount rate) and an internal rate of return of 22.9%.

In addition to the current resource, Hammond Reef offers exciting exploration potential as recent drilling confirmed continuity of mineralization along strike two kilometers northeast of the existing resource. Brett has also identified several parallel structures in the project area that host mineralization similar to the main body.

Mr. Bob Wares, P. Geo.,COO and Director of Osisko, commented, "Hammond Reef is a structurally and metalurgically simple deposit that is highly amenable to open pit mining. It offers excellent potential for additional resources, both down-dip at the southwestern end and along strike at the northeastern extremity, over a distance of two kilometers towards Snail Bay. Numerous other gold showings also exist elsewhere on the property which have yet to be evaluated for potential bulk-tonnage resources."

BENEFITS TO BRETT SHAREHOLDERS

In addition to an immediate premium for the Shares, Shareholders will receive the following benefits from the transaction:

* Participation in a diversified, near-term gold producer
o 10.8% ownership of Osisko on a pro forma basis
o Near-term valuation upside as Osisko transitions to production
o Exposure to 220,000 metres of new exploration drilling planned on current Osisko projects for 2010, including an intensive 120,000 metre program at the promising Duparquet Project (Osisko-Clifton Star Resources 50:50 joint venture) which currently hosts inferred resources of 2.6 M ounces gold
o Expected re-rating as a diversified producer with 1 million ounce production potential
* Significantly improved trading liquidity
* Improved financing alternatives for Hammond Reef
* Proven permitting, development, construction, and community relations expertise at Osisko

BENEFITS TO OSISKO SHAREHOLDERS

Through the acquisition of Brett, Osisko shareholders will realize the following benefits:

* Acquisition of a high-quality development asset
o Production potential by 2015
o Expected initial average production of 463,000 ounces of gold per year
o Attractive acquisition cost of US$45 per ounce of inferred resources
* Establishes Osisko as a diversified growing gold producer
o Canadian asset base
o Expected 688,000 ounces of production at Canadian Malartic in 2012
o Growth to 1 million ounces of potential production
* Immediate and long-term value creation
o Accretive to net asset value
o Accretive to total resources
o Accretive to long-term cash flow and production
o Opportunities for operational and tax synergies as operations are all based in Canada
* Well positioned among mid-tier producers for valuation re-rating

SUMMARY OF THE TRANSACTION

The acquisition of Brett will be completed by way of a take-over bid whereby Osisko will offer to acquire each outstanding Share in exchange for 0.34 of a common share of Osisko. The number of Osisko shares to be issued will be approximately 36.4 million based on the currently issued and outstanding Shares as of the date of this announcement, but will be subject to change depending on the number of Brett options and warrants exercised while the Offer is outstanding.

The board of directors of Brett has unanimously approved the Offer and will recommend that Shareholders tender their shares to the bid.

Each senior officer and each member of the board of directors of Brett have entered into lock-up agreement with Osisko pursuant to which each has agreed to tender their respective Shares to the Offer, which together represent approximately 4.9% of the issued and outstanding Shares. In addition, certain institutional shareholders of Brett have also executed lock-up agreements with Osisko in which each has agreed to tender their Shares to the Offer, which together represent approximately 14.7% of the issued and outstanding Shares. In aggregate, therefore, Osisko has received agreements to tender to the Offer in respect of approximately 19.6% of the currently issued and outstanding Shares.

A take-over bid circular containing the full details of the Offer (together with a Brett board of directors circular) and other related documents are expected to be mailed to Shareholders on or about April 13, 2010.

In the event that the transaction is not completed, in certain circumstances, Brett has agreed to pay Osisko a termination fee equal to $17.5 million. The Offer is conditional on the deposit to the Offer of at least 66 2/3% of the outstanding Shares, as well as receipt of any necessary regulatory approvals and satisfaction or waiver of other customary conditions. The Offer, unless extended, will expire 36 days after it begins.

Brett's financial advisors have each provided a verbal opinion to the Independent Committee of Brett that the consideration offered is fair, from a financial point of view, to Brett's shareholders.

Osisko's financial advisor is Cormark Securities Inc.; its legal advisors are Fraser Milner Casgrain, LLP. Brett's financial advisors are Dundee Securities Corporation and Genuity Capital Markets; its legal advisors are DuMoulin Black LLP and Blake, Cassels & Graydon LLP.

Osisko has retained Kingsdale Shareholder Services Inc. to act as its solicitation agent in connection with the Offer.

CONFERENCE CALL

A conference call is scheduled for Monday, March 22, 2010 at 11 am EST. Toronto area call-in number is [phone]. North American toll-free call-in number is 1 [phone].

National Instrument 43-101 – Standards for Disclosure for Mineral Projects

Mr. Bob Wares, P.Geo., Executive Vice-President and COO of Osisko, a Qualified Person under NI 43-101, has read and approved the scientific and technical information in this press release. Mr. Joe Ringwald, P.Eng. and Vice-President of Brett, a Qualified Person under NI 43-101 has read and approved the technical information in this press release. This release contains information relating to a preliminary assessment that includes inferred mineral resources which are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral reserves. For further information on the Canadian Malartic project, please see Osisko's "Feasibility Study for the Canadian Malartic Project" completed by BBA Inc, December 2008, the "Updated Mineral Resource Estimate for South-Barnat Deposit, Malartic, Quebec", completed by Elzéar Belzile, Ing., June 23, 2009 and press release dated February 10, 2010. For further information on Hammond Reef please see Brett's "Preliminary Assessment of the Hammond Reef Gold Project, Atikokan, Ontario, Canada"; completed by Scott Willson Roscoe Postle Associates Inc., November 27, 2009.

About Osisko Mining Corporation

Osisko Mining Corporation is currently developing the Canadian Malartic gold deposit and evaluating adjacent areas for a large-scale open pit, bulk-tonnage mining operation. The Canadian Malartic deposit currently represents one of the biggest gold reserves in Canada for a single deposit, and is still growing through ongoing drilling on new mineralized zones. Current reserves for the Canadian Malartic property (including the adjacent South Barnat deposit) are 8.97 million ounces, plus a global measured and indicated resource of 2.23 million ounces and an inferred resource of 0.47 million ounces (see press release of February 10, 2010).

About Brett Resources Inc.

Brett Resources Inc. is a Canadian minerals exploration company whose primary mandate is the discovery, acquisition, and development of precious metals systems, with particular expertise in Canada and Latin America. Since 2006 Brett's primary focus has been the 100 percent owned Hammond Reef Gold Deposit in Ontario where an inferred resource of 6.70 million ounces of gold, 259.4 million tonnes at a grade of 0.8 grams per tonne utilizing a 0.3 gram per tonne gold cut-off has been outlined.

Forward-Looking Information

Certain statements contained in this press release may be deemed "forward-looking statements". All statements in this release, other than statements of historical fact, that address events or developments that Osisko and Brett expect to occur, are forward looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential", "scheduled" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although Osisko and Brett believe the expectations expressed in such forward-looking statements are based on reasonable assumptions, including, without limitation that all technical, economical and financial conditions will be met in order to put the Canadian Malartic Project and the Hammond Reef Gold Project into commercial production, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include gold prices, access to skilled consultants, mining development and mill production personnel, results of exploration and development activities, Osisko and Brett's limited experience with production and development stage mining operations, uninsured risks, regulatory changes, defects in title, availability of personnel, materials and equipment, timeliness of government approvals, actual performance of facilities, equipment and processes relative to specifications and expectations, unanticipated environmental impacts on operations market prices, continued availability of capital and financing and general economic, market or business conditions. These factors are discussed in greater detail in Osisko and Brett's most recent Annual Information Forms, both of which are filed on SEDAR, which also provide additional general assumptions in connection with these statements. Osisko and Brett caution that the foregoing list of important factors is not exhaustive. Investors and others who base themselves on the forward-looking statements contained herein should carefully consider the above factors as well as the uncertainties they represent and the risk they entail. Osisko and Brett believe that the expectations reflected in those forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this press release should not be unduly relied upon. These statements speak only as of the date of this press release.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For more information, please contact
Osisko Mining Corporation
John Burzynski
Vice-President Corporate Development
416-363-8653
or
Osisko Mining Corporation
Sylvie Prud’homme
Investor Relations
514-735-7131
Toll Free: 1-888-674-7563
or
Brett Resources
Tony Perri
Manager, Investor Relations
604-488-0008
Click here to see all recent news from this company

[Russland-Investor]

!

Dieser Beitrag wurde moderiert. Grund: Spammposting

[jeffjass]

scheint ja ne gute nachricht gewesen zu sein... plus 33% sind nicht schlecht!

[jeffjass]

Antwort auf Beitrag Nr.: 39.192.246 von jeffjass am 22.03.10 19:00:57

ach was... eine übernahme hab ich noch nie mitgemacht.
bin ja mal gespannt was das wird.


http://www.rohstoffe-go.de/rohstoff/rohstoffe-go-exklusiv/be…

[jeffjass]

Both he and Brett CEO Patrick Soares said they expect the market will rate the combined company as better than the sum of the two parts.

"One plus one is not two in this case. We believe it's three, or even four," Roosen said.

"We have really set the stage here for a rerating of both assets."

[maximus77]

Der letzten Thread hatte SilberEagle über Brett geführt und eine Kaufempfehlung ausgesprochen. Damlas vor 4 Jahren war sie ja noch ein ca 0,20€. Nun bin ich ca 800% vorne. Ein bischen werde ich noch abwarten, und dann einen Teil abstoßen.

[baenker30]

hi, hab meine verkauft.
was haltet ihr von dios explor und levon res.??

[jeffjass]

Brett Resources Inc.: A-Zone Drilling Continues to Return Significant Widths and Grades; Exploration Drilling Tests RAB and Sande & Stewart Areas

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 22, 2010) - Brett Resources Inc. (TSX VENTURE:BBR) is pleased to provide an update on assay results from continued drilling of the Hammond Reef Project, northwestern Ontario. Results received are from the A-Zone, Mitta Lake, and also from first pass drilling of the RAB and Sande and Stewart exploration areas.

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