BOMBENMELDUNG FÜR SUB SAHARA - 500 Beiträge pro Seite
eröffnet am 09.03.05 12:18:05 von
neuester Beitrag 26.07.07 03:19:19 von
neuester Beitrag 26.07.07 03:19:19 von
Beiträge: 124
ID: 963.254
ID: 963.254
Aufrufe heute: 0
Gesamt: 6.735
Gesamt: 6.735
Aktive User: 0
Top-Diskussionen
Titel | letzter Beitrag | Aufrufe |
---|---|---|
11.01.09, 16:18 | 6678 | |
vor 36 Minuten | 264 | |
gestern 21:48 | 215 | |
08.05.24, 11:56 | 211 | |
gestern 21:31 | 185 | |
gestern 23:22 | 174 | |
heute 00:44 | 138 | |
heute 00:51 | 135 |
Meistdiskutierte Wertpapiere
Platz | vorher | Wertpapier | Kurs | Perf. % | Anzahl | ||
---|---|---|---|---|---|---|---|
1. | 1. | 6,8500 | +31,98 | 208 | |||
2. | 2. | 18.772,00 | +0,27 | 186 | |||
3. | 3. | 48,75 | +60,10 | 106 | |||
4. | 4. | 7,0480 | +0,96 | 64 | |||
5. | 5. | 3,4400 | +17,41 | 59 | |||
6. | 6. | 177,55 | +3,29 | 52 | |||
7. | 9. | 0,1965 | +0,26 | 38 | |||
8. | 7. | 13,480 | +2,82 | 37 |
Vor-Sub-Sahara bald nach oberes Südafrika als größten produzenten Vor-Saharan Afrika des Kontinentes Goldist als der schnell-wachsende produzent der Welt Goldaufgetaucht. Michael Martineau, Präsident von U.K.-based Axmin Inc., erklärte einer PDAC Darstellung, daß Ghana, Tanzania und Mali zusammen Haupt zu den hauptsächlichgrube Entdeckungen als Nordamerika, Südamerika oder Australien gewesen sind. Diese neuen Vor-Saharan Gruben betragen 75 Million Unzen neue Goldbestände, verglichen mit den Hauptentdeckungen, die 21 Million Unzen in Australien, 19 Million in Nordamerika und 11.5 Million in Südamerika zusammenzählen. Bis zum 2007 kann Vor-Saharan Afrika, zwischen der Sahara Wüste und dem Limpopo Fluß, mehr Gold als Südafrika, Afrikas produzieren größter Produzent
WKN 895112
http://www.canada.com/national/nationalpost/financialpost/st…
WKN 895112
http://www.canada.com/national/nationalpost/financialpost/st…
Mehr Gold als die größten Minen in Südafrika
das wird wirklich der knaller die tage
FINANCIAL POST
Sub-Sahara soon to top South Africa as continent`s biggest gold producer
Sub-Saharan Africa has emerged as the world`s fastest-growing gold producer. Michael Martineau, president of U.K.-based Axmin Inc., told a PDAC presentation that Ghana, Tanzania and Mali have together been home to more major mine discoveries than North America, South America or Australia. These new Sub-Saharan mines account for 75 million ounces of new gold reserves, compared with major discoveries totalling 21 million ounces in Australia, 19 million in North America, and 11.5 million in South America. By 2007, Sub-Saharan Africa, between the Sahara Desert and the Limpopo River, may produce more gold than South Africa, Africa`s largest producer.
Sub-Sahara soon to top South Africa as continent`s biggest gold producer
Sub-Saharan Africa has emerged as the world`s fastest-growing gold producer. Michael Martineau, president of U.K.-based Axmin Inc., told a PDAC presentation that Ghana, Tanzania and Mali have together been home to more major mine discoveries than North America, South America or Australia. These new Sub-Saharan mines account for 75 million ounces of new gold reserves, compared with major discoveries totalling 21 million ounces in Australia, 19 million in North America, and 11.5 million in South America. By 2007, Sub-Saharan Africa, between the Sahara Desert and the Limpopo River, may produce more gold than South Africa, Africa`s largest producer.
ich bin auch pro gold eingestellt, aber meinst du nicht, wenn man sich den kurs so anschaut, daß keinerlei positive reaktion (im Vorfeld) stattgefunden hat.
Gold findet man nicht von heut auf morgen.
die insider hätten schon längst geordert, dem ist aber noch nicht so.
warten wir es ab, etwas mißtrauen ist (noch ) angebracht
Gold findet man nicht von heut auf morgen.
die insider hätten schon längst geordert, dem ist aber noch nicht so.
warten wir es ab, etwas mißtrauen ist (noch ) angebracht
Sub-Sahara soon to top South Africa as continent`s biggest gold producer
das geile ist der wert ist noch nicht gelaufen
hihi nur die ruhe hihi
hihi nur die ruhe hihi
Um es auf den Punkt zu bringen: Einfach nur GEIL !!!!!
mit einem Wort
SPEKTAKULÄR
SPEKTAKULÄR
hier steht es drin
Was heisst hier `der Wert`?
So wie ich die Meldung verstanden habe, bezieht diese sich auf die geographische Region Sub-Sahara...
So wie ich die Meldung verstanden habe, bezieht diese sich auf die geographische Region Sub-Sahara...
@12
na klar ist die region gemeint, aber sub sahara hat ein riesiges gebiet in wets tansania!
das ding hat phantasie ohne ende!
wenn man bedenkt, dass z.b. randgold oder ist randgold res. ich verwechsle das immer, schon seit monaten gebiete in tansania sucht und nichts findet!
servus
tölzer
na klar ist die region gemeint, aber sub sahara hat ein riesiges gebiet in wets tansania!
das ding hat phantasie ohne ende!
wenn man bedenkt, dass z.b. randgold oder ist randgold res. ich verwechsle das immer, schon seit monaten gebiete in tansania sucht und nichts findet!
servus
tölzer
hab nachgekauft
freue mich schon auf dir nähsten wochen
freue mich schon auf dir nähsten wochen
ja das wird noch ein heißes Ding
Bin ja auch mit ner kleinen Posi bei Sub-Sahara Res. dabei.
Eine derartige Berichterstattung ist nur m.M. (a) nicht ganz fair, und (b) muss man aufpassen, dass man die Aktie mit sowas nicht als von Pushern hochgejubeltes Zockerpapier darstellt - was nach dem bisher oft enttäuschenden Kursverlauf vieler hier gepriesener Exploreraktien schnell auch einen kontraproduktiven Effekt haben kann.
Eine derartige Berichterstattung ist nur m.M. (a) nicht ganz fair, und (b) muss man aufpassen, dass man die Aktie mit sowas nicht als von Pushern hochgejubeltes Zockerpapier darstellt - was nach dem bisher oft enttäuschenden Kursverlauf vieler hier gepriesener Exploreraktien schnell auch einen kontraproduktiven Effekt haben kann.
Sub-Sahara Resources kaufen
MIDAS Research
Die Experten von MIDAS Research stufen die Aktie von Sub-Sahara Resources (ISIN AU000000SBS5/ WKN 895112) in ihrer Ersteinschätzung mit "kaufen" ein.
Sub-Sahara Resources sei eine klassische australische Goldexplorationsgesellschaft mit verschiedenen Gold- und Basismetallprojekten in Afrika. Der Schwerpunkt der Aktivitäten liege dabei auf dem Boomland Tansania und dem relativ unbekannten Land Eritrea.
Durch einen völlig überraschend befohlenen Arbeitsstopp der Regierung von Eritrea habe Sub-Sahara Resources zusammen mit vier weiteren kanadischen Gesellschaften ab September 2004 alle Tätigkeiten für fast 4 Monate einstellen müssen. Dies habe das Vertrauen der Anleger und Analysten für eine gewisse Zeit zutiefst erschüttert und in einem schwachen Umfeld für Explorationswerte zu einem starken Kursverfall geführt.
Anzeige
Um den Investoren zumindest das Gefühl zu geben, nicht tatenlos auf die Situation in Eritrea zu reagieren und eine mittelfristige Kursaussetzung zu verhindern, habe Sub-Sahara Resources ein weiteres weitreichendes Joint Venture mit der kanadischen börsennotierten Currie Rose Resources über verschiedene Landpakete südöstlich des Victoriasees abgeschlossen.
Das Grundkonzept des Unternehmens, die Vielzahl an Projekten in Joint Ventures mit finanzkräftigeren Partnern einzubringen und sich damit praktisch gratis noch einen Anteil zwischen 10 bis 30 Prozent zu sichern, ohne weitere Ausgaben tragen zu müssen, sei damit konsequent weiter fortgesetzt worden. Diese clevere Strategie werde derzeit von der Börse praktisch überhaupt nicht honoriert, was nach Ansicht der Experten Übernahmespekulationen Tür und Tor öffnen sollte.
Die Experten von MIDAS Research bewerten die Aktie von Sub-Sahara Resources mit "kaufen". Das Kursziel sehe man bei 0,06 Euro.
MIDAS Research
Die Experten von MIDAS Research stufen die Aktie von Sub-Sahara Resources (ISIN AU000000SBS5/ WKN 895112) in ihrer Ersteinschätzung mit "kaufen" ein.
Sub-Sahara Resources sei eine klassische australische Goldexplorationsgesellschaft mit verschiedenen Gold- und Basismetallprojekten in Afrika. Der Schwerpunkt der Aktivitäten liege dabei auf dem Boomland Tansania und dem relativ unbekannten Land Eritrea.
Durch einen völlig überraschend befohlenen Arbeitsstopp der Regierung von Eritrea habe Sub-Sahara Resources zusammen mit vier weiteren kanadischen Gesellschaften ab September 2004 alle Tätigkeiten für fast 4 Monate einstellen müssen. Dies habe das Vertrauen der Anleger und Analysten für eine gewisse Zeit zutiefst erschüttert und in einem schwachen Umfeld für Explorationswerte zu einem starken Kursverfall geführt.
Anzeige
Um den Investoren zumindest das Gefühl zu geben, nicht tatenlos auf die Situation in Eritrea zu reagieren und eine mittelfristige Kursaussetzung zu verhindern, habe Sub-Sahara Resources ein weiteres weitreichendes Joint Venture mit der kanadischen börsennotierten Currie Rose Resources über verschiedene Landpakete südöstlich des Victoriasees abgeschlossen.
Das Grundkonzept des Unternehmens, die Vielzahl an Projekten in Joint Ventures mit finanzkräftigeren Partnern einzubringen und sich damit praktisch gratis noch einen Anteil zwischen 10 bis 30 Prozent zu sichern, ohne weitere Ausgaben tragen zu müssen, sei damit konsequent weiter fortgesetzt worden. Diese clevere Strategie werde derzeit von der Börse praktisch überhaupt nicht honoriert, was nach Ansicht der Experten Übernahmespekulationen Tür und Tor öffnen sollte.
Die Experten von MIDAS Research bewerten die Aktie von Sub-Sahara Resources mit "kaufen". Das Kursziel sehe man bei 0,06 Euro.
Placer to fund testing of Nyanzaga gold project
Sub-Sahara Resources NL has signed a letter agreement with Placer Dome Africa Limited, a subsidiary of Placer Dome Inc., covering the highly prospective Nyanzaga project in Tanzania. The agreement is subject to a number of consents being obtained and completion by Placer of due diligence, and will form the basis for later formal agreements between the parties.
Placer has agreed to spend a minimum US$250,000 on the project, and can earn 51% of Sub-Sahara`s interest by spending US$3m. Placer can earn an additional 9% of Sub-Sahara`s interest by spending a further US$2m (i.e. a total of $10m), taking its interest to 60%. By completion of a bankable feasibility study, Placer may increase to 70% of Sub-Sahara`s interest in the properties.
The agreement covers four contiguous prospecting licences, totalling 320 sq km, including the Nyanzaga license, where Sub-Sahara`s reverse circulation drilling and trenching have identified a broad, open ended zone of gold mineralisation, extending for approximately 400m in a north-north westerly direction and consisting of multiple gold bearing structures.
Sub-Sahara released results from diamond drill hole NYZD-1, confirming the interpreted north-south orientation and easterly dip of mineralisation. The drill hole only intersected the main structure, returning 39m grading 2.53g/t gold from 26m depth, including 15m from 27m grading 4.4g/t gold.
The company believes the properties have the potential to host a multi-million ounce gold resource, and views this venture as a very positive step towards early feasibility .
Exploration is expected to begin during January, with first drilling results anticipated during the March quarter.
Discussions with other potential joint venture partners on other projects in the portfolio are advancing, and Sub-Sahara expects to reduce remaining expenditure requirements through additional joint ventures. However, the company will retain a limited number of key projects for sole venture exploration.
Sub-Sahara Resources NL has signed a letter agreement with Placer Dome Africa Limited, a subsidiary of Placer Dome Inc., covering the highly prospective Nyanzaga project in Tanzania. The agreement is subject to a number of consents being obtained and completion by Placer of due diligence, and will form the basis for later formal agreements between the parties.
Placer has agreed to spend a minimum US$250,000 on the project, and can earn 51% of Sub-Sahara`s interest by spending US$3m. Placer can earn an additional 9% of Sub-Sahara`s interest by spending a further US$2m (i.e. a total of $10m), taking its interest to 60%. By completion of a bankable feasibility study, Placer may increase to 70% of Sub-Sahara`s interest in the properties.
The agreement covers four contiguous prospecting licences, totalling 320 sq km, including the Nyanzaga license, where Sub-Sahara`s reverse circulation drilling and trenching have identified a broad, open ended zone of gold mineralisation, extending for approximately 400m in a north-north westerly direction and consisting of multiple gold bearing structures.
Sub-Sahara released results from diamond drill hole NYZD-1, confirming the interpreted north-south orientation and easterly dip of mineralisation. The drill hole only intersected the main structure, returning 39m grading 2.53g/t gold from 26m depth, including 15m from 27m grading 4.4g/t gold.
The company believes the properties have the potential to host a multi-million ounce gold resource, and views this venture as a very positive step towards early feasibility .
Exploration is expected to begin during January, with first drilling results anticipated during the March quarter.
Discussions with other potential joint venture partners on other projects in the portfolio are advancing, and Sub-Sahara expects to reduce remaining expenditure requirements through additional joint ventures. However, the company will retain a limited number of key projects for sole venture exploration.
Guten Morgen
Endlich mal wieder eine Meldung
http://www.asx.com.au/asx/statistics/announcementSearch.do?m…
Über die Wiederaufnahme der Bohrungen im Asamara Projekt
Endlich mal wieder eine Meldung
http://www.asx.com.au/asx/statistics/announcementSearch.do?m…
Über die Wiederaufnahme der Bohrungen im Asamara Projekt
guten morgen zusammen,
na endlich können die wieder bohren.
mit ergebnissen können wir wahrscheinlich bis ende agust rechnen.
ich hoffe das die auch bald im zara objekt anfangen zu bohren!
letztes jahr auf der präsentation in münchen hat mrg bilder gezeigt, einfach der hammer, die einheimischen waschen da gold mit ihren sandalen.
servus
tölzer
na endlich können die wieder bohren.
mit ergebnissen können wir wahrscheinlich bis ende agust rechnen.
ich hoffe das die auch bald im zara objekt anfangen zu bohren!
letztes jahr auf der präsentation in münchen hat mrg bilder gezeigt, einfach der hammer, die einheimischen waschen da gold mit ihren sandalen.
servus
tölzer
Hi all
es zieht sich hin,aber die Aussichten sind bestens
es zieht sich hin,aber die Aussichten sind bestens
[posting]17.135.228 von tölzer am 05.07.05 10:09:52[/posting]was meinst Du,wenn man erst derbe Bergstiefel dafür nimmt
Sunridge Gold Commences 10,000 Metre Drill Program at Asmara Project and Appoints Exploration Manager
7/5/05
VANCOUVER, British Columbia, Jul 05, 2005 (BUSINESS WIRE) --
Sunridge Gold Corp. (TSX VENTURE:SGC) has recommenced drilling on the Adi Nefas Gossan prospect part of the Asmara Project in Eritrea. The purpose of this new 10,000 metre drill program is to:
- Follow up the recently reported high-grade gold, copper and zinc drill results at the Adi Nefas Gossan VMS (volcanogenic massive sulphide) prospect with both infill and step out drilling. The interpreted results of the recently completed Max-Min Electro-Magnetic and Induced Polarization geophysical surveys will be used to help target drill holes
- Drill test down-dip and along strike extensions at the high-grade copper/gold Debarwa Deposit
- Drill test satellite targets recently defined by geological mapping and geophysics on the Debarwa and Medrizien licenses
In addition, management is pleased to welcome Mr. David Daoud as Exploration Manager of Sunridge Gold. Mr. Daoud has over 15 years experience as a geologist with the past two years as senior exploration geologist for Nevsun Resources where he worked on the Bisha VMS deposit in Eritrea. Management is confident that Mr. Daoud`s experience in Eritrea will strongly contribute to the successful exploration, discovery and development of mineral deposits at the Asmara Project.
Sunridge Gold Corporation is a mineral exploration company focused on the acquisition, exploration, discovery and development of precious and base metal projects. The Company is currently focused on the Asmara Joint Venture Project in Eritrea and continues to evaluate exploration and advanced opportunities elsewhere. The Company has 22.4 million shares outstanding and trades on the TSX Venture Exchange under the symbol SGC. For additional information on the Company and its projects please visit our website at www.sunridgegold.com or call Don Halliday at the number listed below.
SUNRIDGE GOLD CORP.
Michael Hopley, President and
7/5/05
VANCOUVER, British Columbia, Jul 05, 2005 (BUSINESS WIRE) --
Sunridge Gold Corp. (TSX VENTURE:SGC) has recommenced drilling on the Adi Nefas Gossan prospect part of the Asmara Project in Eritrea. The purpose of this new 10,000 metre drill program is to:
- Follow up the recently reported high-grade gold, copper and zinc drill results at the Adi Nefas Gossan VMS (volcanogenic massive sulphide) prospect with both infill and step out drilling. The interpreted results of the recently completed Max-Min Electro-Magnetic and Induced Polarization geophysical surveys will be used to help target drill holes
- Drill test down-dip and along strike extensions at the high-grade copper/gold Debarwa Deposit
- Drill test satellite targets recently defined by geological mapping and geophysics on the Debarwa and Medrizien licenses
In addition, management is pleased to welcome Mr. David Daoud as Exploration Manager of Sunridge Gold. Mr. Daoud has over 15 years experience as a geologist with the past two years as senior exploration geologist for Nevsun Resources where he worked on the Bisha VMS deposit in Eritrea. Management is confident that Mr. Daoud`s experience in Eritrea will strongly contribute to the successful exploration, discovery and development of mineral deposits at the Asmara Project.
Sunridge Gold Corporation is a mineral exploration company focused on the acquisition, exploration, discovery and development of precious and base metal projects. The Company is currently focused on the Asmara Joint Venture Project in Eritrea and continues to evaluate exploration and advanced opportunities elsewhere. The Company has 22.4 million shares outstanding and trades on the TSX Venture Exchange under the symbol SGC. For additional information on the Company and its projects please visit our website at www.sunridgegold.com or call Don Halliday at the number listed below.
SUNRIDGE GOLD CORP.
Michael Hopley, President and
guten morgen,
heute weiter rauf unser baby.
zwar bei minimalen umsätzen, aber was solls!
sbs ist immer noch günstiger als sgc.v. bitte nicht vergessen!
ich wünsche allen noch einen schönen tag!
servus
tölzer
heute weiter rauf unser baby.
zwar bei minimalen umsätzen, aber was solls!
sbs ist immer noch günstiger als sgc.v. bitte nicht vergessen!
ich wünsche allen noch einen schönen tag!
servus
tölzer
ASX Companies Announcements
Tuesday, 19th July 2005
Drilling starts at Mwamazengo in Tanzania
Drilling at the Mwamazengo gold discovery on the Mabale Hills project in central Tanzania with Canadian joint venture partner Currie Rose Resources Inc. has commenced.
The programme is expected to consist of 1,400 metres of Reverse Circulation (RC) drilling and 1,200 metres of RAB (Rotary Air Blast) drilling.
The RC drill holes will target the potential "down dip" mineralisation intersected during March 2005, where 4 RC drill holes intersected exceptional near surface gold mineralisation over a 225 metre strike length as tabled below. Extensions to the current strike will also be targeted.
Table 1: Mwamazengo Prospect - Significant Drill Intersections (Previously Released)
Hole Id
Easting
(UTM)
Northing
(UTM)
Dip
(º)
Azimuth
(º)
Depth
(m)
From
To
Interval
(m)
Au
(g/t)
(m)
(m)
MBNR-001
482,114
9,650,168
-50
90
93
4.0
36.0
32
3.70g/t
including
15
22
7
6.32g/t
including
24
35
11
4.61g/t
MBNR-002
482,144
9,650,084
-50
90
100
11
18
8
3.46g/t
26
30
4
2.34g/t
MBNR-003
482,121
9,649,998
-50
90
107
23
43
20
1.57g/t
including
26
32
6
4.18g/t
MBNR-004
482,092
9,650,240
-50
90
150
54
68
14
3.18g/t
The RAB drilling programme will investigate the Sisu River anomaly situated 10km north northeast of the Mwamazengo discovery and 6km along strike from Gallery Gold`s 550,000 ozs Kitongo gold deposit. Rock chip samples collected by Sub-Sahara during earlier exploration returned gold grades up to 553g/t gold from this location.
Both Sub-Sahara and Currie Rose are optimistic that this programme will yield further quality results, priming the project for further drilling later in the year.
For and on behalf of
Sub-Sahara Resources NL
M.R. Griffiths
CEO - Director
For further information please e-mail Michael Griffiths or contact by phone on 61-8-9227 3260
Tuesday, 19th July 2005
Drilling starts at Mwamazengo in Tanzania
Drilling at the Mwamazengo gold discovery on the Mabale Hills project in central Tanzania with Canadian joint venture partner Currie Rose Resources Inc. has commenced.
The programme is expected to consist of 1,400 metres of Reverse Circulation (RC) drilling and 1,200 metres of RAB (Rotary Air Blast) drilling.
The RC drill holes will target the potential "down dip" mineralisation intersected during March 2005, where 4 RC drill holes intersected exceptional near surface gold mineralisation over a 225 metre strike length as tabled below. Extensions to the current strike will also be targeted.
Table 1: Mwamazengo Prospect - Significant Drill Intersections (Previously Released)
Hole Id
Easting
(UTM)
Northing
(UTM)
Dip
(º)
Azimuth
(º)
Depth
(m)
From
To
Interval
(m)
Au
(g/t)
(m)
(m)
MBNR-001
482,114
9,650,168
-50
90
93
4.0
36.0
32
3.70g/t
including
15
22
7
6.32g/t
including
24
35
11
4.61g/t
MBNR-002
482,144
9,650,084
-50
90
100
11
18
8
3.46g/t
26
30
4
2.34g/t
MBNR-003
482,121
9,649,998
-50
90
107
23
43
20
1.57g/t
including
26
32
6
4.18g/t
MBNR-004
482,092
9,650,240
-50
90
150
54
68
14
3.18g/t
The RAB drilling programme will investigate the Sisu River anomaly situated 10km north northeast of the Mwamazengo discovery and 6km along strike from Gallery Gold`s 550,000 ozs Kitongo gold deposit. Rock chip samples collected by Sub-Sahara during earlier exploration returned gold grades up to 553g/t gold from this location.
Both Sub-Sahara and Currie Rose are optimistic that this programme will yield further quality results, priming the project for further drilling later in the year.
For and on behalf of
Sub-Sahara Resources NL
M.R. Griffiths
CEO - Director
For further information please e-mail Michael Griffiths or contact by phone on 61-8-9227 3260
hallo zusammen und freunde von sub sahara!
und schon wieder eine meldung von sbs:
http://www.asx.com.au/asx/statistics/announcementSearch.do?m…
ist der link von der börse.
ein schönes we!
servus
tölzer
und schon wieder eine meldung von sbs:
http://www.asx.com.au/asx/statistics/announcementSearch.do?m…
ist der link von der börse.
ein schönes we!
servus
tölzer
guten morgen,
ist hainholz im urlaub?
na ja egal, gestern gabs wieder was neues, diesmal aus dem jv mit barrick
hier der link:
http://www.subsahara.com.au/pages/asx/2005/26july2005_nyanza…
servus
tölzer
ist hainholz im urlaub?
na ja egal, gestern gabs wieder was neues, diesmal aus dem jv mit barrick
hier der link:
http://www.subsahara.com.au/pages/asx/2005/26july2005_nyanza…
servus
tölzer
nein noch nicht Tölzer
aber wieder super Ergebnisse
ASX Companies Announcements
Tuesday, 26th July 2005
Nyanzaga Project in Tanzania Returns Encouraging Drill Results
Joint venture partner Barrick Exploration Africa Limited (Barrick Gold Corporation) has reported encouraging results of three fences of Rotary Air Blast (RAB) drilling covering approximately 500 metres of strike from the Kilimanjaro Zone within the Nyanzaga Project area.
These results extend the strike of the previously reported low grade Kilimanjaro gold mineralisation to 900 metres with possible extensions to both the north-west and south east.
Five consecutive RAB holes (NYGRAB751-755) in fence 1, intersected a broad zone of significant gold mineralisation giving a true width of 140m with all 5 holes ending in mineralisation. In fence 2, four holes intersected significant gold mineralisation (NYGRAB760, NYGRAB761, NYGRAB762 and NYGRAB770) and drill hole NYGRAB762 also ended in mineralisation. In fence 3, hole NYGRAB768 intersected weak gold mineralisation. The most significant results are tabled below.
Table 1: Significant Results for Gold for RAB Drilling at Kilimanjaro Zone
RAB
Drill Hole
Easting
(UTM)
Northing
(UTM)
From
(m)
To
(m)
Interval
(m)
Gold
(g/t)
NYGRAB751
468137
9672747
21
26
5
4.07
NYGRAB753
468156
9672765
33
54
21
0.88
NYGRAB753
468156
9672765
60
63
3
1.25
NYGRAB753
468156
9672765
75
84
9
1.31
NYGRAB754
468185
9672810
6
39
33
1.29
NYGRAB754
468185
9672810
45
49
4
1.68
NYGRAB762
468394
9672722
9
12
3
1.5
NYGRAB762
468394
9672722
21
45
24
1.94
including
36
45
9
3.88
Sub-Sahara is encouraged by these results as they further demonstrate a wide gold "system" and further results will be reported when they come to hand.
For and on behalf of
Sub-Sahara Resources NL
M.R. Griffiths
CEO - Director
For further information please e-mail Michael Griffiths or contact by phone on 61-8-9227 3260
# Reported in accordance with the Aus. IMM "Australasian
aber wieder super Ergebnisse
ASX Companies Announcements
Tuesday, 26th July 2005
Nyanzaga Project in Tanzania Returns Encouraging Drill Results
Joint venture partner Barrick Exploration Africa Limited (Barrick Gold Corporation) has reported encouraging results of three fences of Rotary Air Blast (RAB) drilling covering approximately 500 metres of strike from the Kilimanjaro Zone within the Nyanzaga Project area.
These results extend the strike of the previously reported low grade Kilimanjaro gold mineralisation to 900 metres with possible extensions to both the north-west and south east.
Five consecutive RAB holes (NYGRAB751-755) in fence 1, intersected a broad zone of significant gold mineralisation giving a true width of 140m with all 5 holes ending in mineralisation. In fence 2, four holes intersected significant gold mineralisation (NYGRAB760, NYGRAB761, NYGRAB762 and NYGRAB770) and drill hole NYGRAB762 also ended in mineralisation. In fence 3, hole NYGRAB768 intersected weak gold mineralisation. The most significant results are tabled below.
Table 1: Significant Results for Gold for RAB Drilling at Kilimanjaro Zone
RAB
Drill Hole
Easting
(UTM)
Northing
(UTM)
From
(m)
To
(m)
Interval
(m)
Gold
(g/t)
NYGRAB751
468137
9672747
21
26
5
4.07
NYGRAB753
468156
9672765
33
54
21
0.88
NYGRAB753
468156
9672765
60
63
3
1.25
NYGRAB753
468156
9672765
75
84
9
1.31
NYGRAB754
468185
9672810
6
39
33
1.29
NYGRAB754
468185
9672810
45
49
4
1.68
NYGRAB762
468394
9672722
9
12
3
1.5
NYGRAB762
468394
9672722
21
45
24
1.94
including
36
45
9
3.88
Sub-Sahara is encouraged by these results as they further demonstrate a wide gold "system" and further results will be reported when they come to hand.
For and on behalf of
Sub-Sahara Resources NL
M.R. Griffiths
CEO - Director
For further information please e-mail Michael Griffiths or contact by phone on 61-8-9227 3260
# Reported in accordance with the Aus. IMM "Australasian
Sunridge Gold Corp.: Update on Drill Program, Asmara Project, Eritrea
7/28/05
VANCOUVER, BRITISH COLUMBIA, Jul 28, 2005 (CCNMatthews via COMTEX) --
Sunridge Gold Corp. (TSX VENTURE:SGC) provides a progress report on the 10,000 metre diamond drill program which commenced July 5, 2005 on the Adi Nefas Gossan VMS (volcanogenic massive sulphide) prospect, part of the Asmara Project in Eritrea. The Company is currently drilling Hole # NG-014, the eighth hole thus far in the program. The drill is operating two shifts per day (24 hours) thus it is expected that a significant amount of assay results will be available in mid to late September. Given the favorable topography of the Asmara Project, the rainy season has minimal impact on the drill program.
Drilling to date has focused on following up the previously reported high-grade gold, copper and zinc drill results at the Adi Nefas Gossan VMS prospect with both infill and step out drilling. As part of this program drilling will also drill test down-dip and along strike extensions at the high-grade copper/gold Debarwa Deposit and drill test satellite targets recently defined by geological mapping and geophysics on the Debarwa and Medrizien licenses.
Sunridge Gold Corp. is a mineral exploration company focused on the acquisition, exploration, discovery and development of precious and base metal projects. The Company is currently focused on the Asmara Joint Venture Project in Eritrea and continues to evaluate exploration and advanced opportunities elsewhere. The Company has 22.4 million shares outstanding and trades on the TSX Venture Exchange under the symbol SGC. For additional information on the Company and its projects please visit our website at www.sunridgegold.com or call Don Halliday at the number listed below.
SUNRIDGE GOLD CORP.
Michael Hopley, President and Chief Executive Officer
Sunridge Gold Corp. Don Halliday (604) 899-1505 (direct) or (604) 688-9478 (604) 688-9458 (FAX) don@sunridgegold.com or info@sunridgegold.com www.sunridgegold.com NEWS RELEASE TRANSMITTED BY CCNMatthews The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
7/28/05
VANCOUVER, BRITISH COLUMBIA, Jul 28, 2005 (CCNMatthews via COMTEX) --
Sunridge Gold Corp. (TSX VENTURE:SGC) provides a progress report on the 10,000 metre diamond drill program which commenced July 5, 2005 on the Adi Nefas Gossan VMS (volcanogenic massive sulphide) prospect, part of the Asmara Project in Eritrea. The Company is currently drilling Hole # NG-014, the eighth hole thus far in the program. The drill is operating two shifts per day (24 hours) thus it is expected that a significant amount of assay results will be available in mid to late September. Given the favorable topography of the Asmara Project, the rainy season has minimal impact on the drill program.
Drilling to date has focused on following up the previously reported high-grade gold, copper and zinc drill results at the Adi Nefas Gossan VMS prospect with both infill and step out drilling. As part of this program drilling will also drill test down-dip and along strike extensions at the high-grade copper/gold Debarwa Deposit and drill test satellite targets recently defined by geological mapping and geophysics on the Debarwa and Medrizien licenses.
Sunridge Gold Corp. is a mineral exploration company focused on the acquisition, exploration, discovery and development of precious and base metal projects. The Company is currently focused on the Asmara Joint Venture Project in Eritrea and continues to evaluate exploration and advanced opportunities elsewhere. The Company has 22.4 million shares outstanding and trades on the TSX Venture Exchange under the symbol SGC. For additional information on the Company and its projects please visit our website at www.sunridgegold.com or call Don Halliday at the number listed below.
SUNRIDGE GOLD CORP.
Michael Hopley, President and Chief Executive Officer
Sunridge Gold Corp. Don Halliday (604) 899-1505 (direct) or (604) 688-9478 (604) 688-9458 (FAX) don@sunridgegold.com or info@sunridgegold.com www.sunridgegold.com NEWS RELEASE TRANSMITTED BY CCNMatthews The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
guten morgen zusammen,
langsam kommt endlich wieder umsatz in den wert.
und die kurse steigen auch.
ich bin sehr auf den nächsten news gespannt!
servus
tölzer
langsam kommt endlich wieder umsatz in den wert.
und die kurse steigen auch.
ich bin sehr auf den nächsten news gespannt!
servus
tölzer
mahlzeit zusammen,
anscheinend rede ich mit mir selbst, aber das ist wurscht
solange das baby steigt, ist jeden tag schöne umsätze in asutralien und heute auch bei uns!
ich wünsche allen ein schönes we!
servus
tölzer
anscheinend rede ich mit mir selbst, aber das ist wurscht
solange das baby steigt, ist jeden tag schöne umsätze in asutralien und heute auch bei uns!
ich wünsche allen ein schönes we!
servus
tölzer
hallo zusammen,
gestern war ein guter für sub sahara, aber 3,7 cent zu bezahlen war ein bischen viel.
aber keine sorge, unser baby wird uns in den kommenden
wochen noch viel freude machen.
servus
tölzer
gestern war ein guter für sub sahara, aber 3,7 cent zu bezahlen war ein bischen viel.
aber keine sorge, unser baby wird uns in den kommenden
wochen noch viel freude machen.
servus
tölzer
guten morgen zusammen,
hier die letzten news.
http://www.subsahara.com.au/pages/asx/2005/asx2005.htm
seit der letzten plazierung ist nun der kurs um 25 % gestiegen.
die umsätze waren in den letzten beiden wochen ebenfalls nicht ohne.
freue mich schon auf die weiteren news von sbs.
servus
tölzer
hier die letzten news.
http://www.subsahara.com.au/pages/asx/2005/asx2005.htm
seit der letzten plazierung ist nun der kurs um 25 % gestiegen.
die umsätze waren in den letzten beiden wochen ebenfalls nicht ohne.
freue mich schon auf die weiteren news von sbs.
servus
tölzer
und unser baby steigt weiter,
hier die meldung
Wednesday 24th August 2005
Barrick to spend an additional A$3,500,000 on the Nyanzaga Project in Tanzania.
Barrick Exploration Africa Limited (Barrick Gold Corporation) has informed Sub-Sahara that they have an approved budget of for the Nyanzaga project totalling US$2.7million over the next 12 months.
The increased expenditure will focus on drilling at the Tusker/Kilimanjaro prospects where previous activity has identified significant gold mineralisation and Sub-Sahara expects that exploration will advance with drill rig availability, which is currently at a premium in Tanzania.
Sub-Sahara is very excited about this massive expenditure increase and sees this move by Barrick as a strong endorsement of the project.
Details of the planned exploration will be posted when they come to hand.
For and on behalf of
Sub-Sahara Resources NL
M.R. Griffiths
CEO - Director
hier die meldung
Wednesday 24th August 2005
Barrick to spend an additional A$3,500,000 on the Nyanzaga Project in Tanzania.
Barrick Exploration Africa Limited (Barrick Gold Corporation) has informed Sub-Sahara that they have an approved budget of for the Nyanzaga project totalling US$2.7million over the next 12 months.
The increased expenditure will focus on drilling at the Tusker/Kilimanjaro prospects where previous activity has identified significant gold mineralisation and Sub-Sahara expects that exploration will advance with drill rig availability, which is currently at a premium in Tanzania.
Sub-Sahara is very excited about this massive expenditure increase and sees this move by Barrick as a strong endorsement of the project.
Details of the planned exploration will be posted when they come to hand.
For and on behalf of
Sub-Sahara Resources NL
M.R. Griffiths
CEO - Director
Hallo Tölzer,
so ganz alleine bist Du ja doch nicht, und wenn wir etwas Glück haben, sowieso nicht mehr lange.
Hier noch eine Nachricht vom Bohrungsbeginn beim Zara Gold Projekt in Eritrea:
ASX Companies Announcements
Thursday 25th August 2005
Drilling at Zara Gold Project in Eritrea commences.
Diamond drilling at the Zara Gold Project situated 160km north-west of the capital city Asmara in Eritrea has commenced.
At this stage, the drilling will focus on 2 areas - Koka and Konate (Figure1). Both areas (and others not part of this programme) were identified by artisanal miners and confirmed by rock chip and soil samples by both Sub-Sahara and joint venture partner Dragon Mining Limited.
At Koka, a 10-15 metre wide zone has been identified over a strike length of 400 metres. A quartz stockwork within the shear zone has been the focus of the artisanal miners and this zone has been verified by Sub-Sahara with numerous samples returning values in excess of 10g/t gold with a peak value of 1010.7g/t gold (32ozs).
At Konate, a 10-15 metre wide shear zone extending over 300 metres has been identified with numerous rock chip samples returning gold values in excess of 5g/t gold with a peak value of 957g/t gold (31ozs).
At both sites, the topography has been very challenging and, the extent of the artisanal activity (now terminated), has determined that drilling should intersect mineralisation at about 80-90 metres vertical depth.
The return of results for this drilling will be slow given the isolation of the site, depth of drilling and the need to send samples to Australia for quality control.
Sub-Sahara is very optimistic about the potential of this project and will make further announcements when information comes to hand.
For and on behalf of
Sub-Sahara Resources NL
M.R. Griffiths
CEO - Director
Beste Grüße
Svouney
so ganz alleine bist Du ja doch nicht, und wenn wir etwas Glück haben, sowieso nicht mehr lange.
Hier noch eine Nachricht vom Bohrungsbeginn beim Zara Gold Projekt in Eritrea:
ASX Companies Announcements
Thursday 25th August 2005
Drilling at Zara Gold Project in Eritrea commences.
Diamond drilling at the Zara Gold Project situated 160km north-west of the capital city Asmara in Eritrea has commenced.
At this stage, the drilling will focus on 2 areas - Koka and Konate (Figure1). Both areas (and others not part of this programme) were identified by artisanal miners and confirmed by rock chip and soil samples by both Sub-Sahara and joint venture partner Dragon Mining Limited.
At Koka, a 10-15 metre wide zone has been identified over a strike length of 400 metres. A quartz stockwork within the shear zone has been the focus of the artisanal miners and this zone has been verified by Sub-Sahara with numerous samples returning values in excess of 10g/t gold with a peak value of 1010.7g/t gold (32ozs).
At Konate, a 10-15 metre wide shear zone extending over 300 metres has been identified with numerous rock chip samples returning gold values in excess of 5g/t gold with a peak value of 957g/t gold (31ozs).
At both sites, the topography has been very challenging and, the extent of the artisanal activity (now terminated), has determined that drilling should intersect mineralisation at about 80-90 metres vertical depth.
The return of results for this drilling will be slow given the isolation of the site, depth of drilling and the need to send samples to Australia for quality control.
Sub-Sahara is very optimistic about the potential of this project and will make further announcements when information comes to hand.
For and on behalf of
Sub-Sahara Resources NL
M.R. Griffiths
CEO - Director
Beste Grüße
Svouney
hallo svouney,
habe ganz vergessen die meldung zu posten.
schön zu wissen, dass man nicht alleine ist!
die nächsten wochen kommen sicherlich einige news, good news!
das baby wird schon steigen.
servus
tölzer
habe ganz vergessen die meldung zu posten.
schön zu wissen, dass man nicht alleine ist!
die nächsten wochen kommen sicherlich einige news, good news!
das baby wird schon steigen.
servus
tölzer
guten abend,
die ganze woche keine news, aber trotzdem
steigt der kurs.
freue mich schon auf die nächsten bohrergebnisse, die letzten news aus zara waren ja vielversprechend.
wo moto vor einem jahr stand, steht sub sahara heute.
servus
tölzer
die ganze woche keine news, aber trotzdem
steigt der kurs.
freue mich schon auf die nächsten bohrergebnisse, die letzten news aus zara waren ja vielversprechend.
wo moto vor einem jahr stand, steht sub sahara heute.
servus
tölzer
Hallo Tölzer und andere,
wunderbar, heute in Australien bei knapp 3 Mio. Volumen ein Plus von 17,5%. Werden da Bohrergebnisse schon vorweg genommen?!
Bin mal gespannt, ob es in Deutschland auch wieder mehr Aufmerksamkeit für Sub Sahara gibt.
Wird ein feiner Tag
Svouney
wunderbar, heute in Australien bei knapp 3 Mio. Volumen ein Plus von 17,5%. Werden da Bohrergebnisse schon vorweg genommen?!
Bin mal gespannt, ob es in Deutschland auch wieder mehr Aufmerksamkeit für Sub Sahara gibt.
Wird ein feiner Tag
Svouney
Guten Morgen
Schöner Anstieg bei gutem Volumen .
Ich hoffe auf eine gute Meldung !
Oder ist das der Wiederanstieg nach der Kursaussetzung .
Endlich wieder eine Aktie mit Gewinn in meinem Depot !!
Schöner Anstieg bei gutem Volumen .
Ich hoffe auf eine gute Meldung !
Oder ist das der Wiederanstieg nach der Kursaussetzung .
Endlich wieder eine Aktie mit Gewinn in meinem Depot !!
guten morgen!
ein schöner tag und wieder alles ohne news.
freue mich schon auf die kommenden wochen!
servus
tölzer
ein schöner tag und wieder alles ohne news.
freue mich schon auf die kommenden wochen!
servus
tölzer
Guten Morgen,
keine News, aber dafür über 7% bei mehr als 3 Mio. Volumen in Australien. Kurs in Berlin liegt momentan bei 0,04; könnte umgerechnet noch ein Stück steigen.
Sub Sahara scheint wirklich anzulaufen...
keine News, aber dafür über 7% bei mehr als 3 Mio. Volumen in Australien. Kurs in Berlin liegt momentan bei 0,04; könnte umgerechnet noch ein Stück steigen.
Sub Sahara scheint wirklich anzulaufen...
Guten Abend Goldsucher,
hier ein weiterer Link zur Projektübersicht von Sub-Sahara.
http://www.subsahara.com.au/pdf/SBS%20P&Pdownunder05Final.pd…
Ergebnisse vom Asmara Projekt kommen demnach noch in diesem Monat. Das Zara Projekt gibt die Bohrungsergebnisse im Oktober bekannt.
Ich kann nur wiederholen, was Tölzer stets betont: Es werden spannende Wochen...
Schönes WE
Svouney
hier ein weiterer Link zur Projektübersicht von Sub-Sahara.
http://www.subsahara.com.au/pdf/SBS%20P&Pdownunder05Final.pd…
Ergebnisse vom Asmara Projekt kommen demnach noch in diesem Monat. Das Zara Projekt gibt die Bohrungsergebnisse im Oktober bekannt.
Ich kann nur wiederholen, was Tölzer stets betont: Es werden spannende Wochen...
Schönes WE
Svouney
http://www.subsahara.com.au/pdf/SBS%20P&Pdownunder05Final.pd…
sehr schön anzusehen
hier zum anklicken
sehr schön anzusehen
hier zum anklicken
Guten Morgen,
heute kamen die angekündigten Asmara Ergebnisse:
ASX Companies Announcements
Wednesday 14th Spetember 2005
Exceptional Drill Results from Asmara Joint Venture in Eritrea
Drilling by Joint Venture partner Sunridge Gold Corporation ("Sunridge") has returned exceptional assay results from the first ten diamond drill holes totalling 1,033.5 metres , at the Adi Nefas Gossan zinc-gold-copper volcanogenic massive sulphide (VMS) deposit situated 6km north of the city of Asmara in Eritrea (Figure 1). These results extend the vertical depth to 155 metres with mineralisation covering 120 metres of strike. This drilling ratifies the high-grade zinc, gold and copper mineralisation discovered in drill holes NG-003-RD and NG-005-RD reported in March 2005. Mineralisation remains open at depth, to the north and possibly to the south.
A further 6 diamond drill holes have been completed with results from these holes expected over the coming weeks, bringing the total metres drilled to 2,117.3.
Based on the high quality of these results and the 2005 drill results, Sunridge will contract a second drill rig as soon as possible to accelerate drilling at Adi Nefas and further develop other targets including the Debarwa Copper/Gold deposit.
Drill Highlights – Adi Nefas Gossan - Eritrea
NG-009-D - 5.9 metres grading 2.23 g/t Au, 115.03 g/t Ag, 1.56% Cu & 20.03% Zn
NG-10-D - 6.05 metres grading 7.17 g/t Au, 202.89 g/t Ag, 2.03% Cu & 14.35% Zn
NG-13-D - 11.79 metres grading 7.57 g/t Au, 212.38 g/t Ag 4.25% Cu & 19.70% Zn
NG-15-D - 9.78 metres grading 3.05% Cu and 9.92% Zn
NG-16-D - 11.00 metres grading 3.96 g/t Au, 96.81 g/t Ag, 1.19% Cu & 10.60%Zn
Drill holes NG-007-D and NG-008-D were positioned to test the vertical continuity of the ore zone above and below NG-005-RD which intersected supergene-style mineralisation of 4.63% copper and 9.14 g/t gold over 11 meters (reported March 2005). Results from NG-007-RD showed that strong primary style gold, copper, zinc and silver mineralisation extends vertically at least 40 meters beneath NG-005-RD. However, the results for NG-008-D, drilled above NG-005-NG, were disappointing due to poor core recovery associated with naturally occurring cavities found higher in the ore body.
[...]
Sunridge believes that the ore zone at Adi Nefas Gossan remains open in all directions as drilling to date has not closed the structure, and at least another 20 to 30 drill holes are planned over the next few weeks to test this potential.
Sub-Sahara considers these results to be exceptional and has encouraged Sunridge to accelerate exploration to develop the Adi Nefas Gossan and the Debarwa projects as well as drill test other numerous untested targets.
For and on behalf of
Sub-Sahara Resources NL
M.R. Griffiths
CEO - Director
heute kamen die angekündigten Asmara Ergebnisse:
ASX Companies Announcements
Wednesday 14th Spetember 2005
Exceptional Drill Results from Asmara Joint Venture in Eritrea
Drilling by Joint Venture partner Sunridge Gold Corporation ("Sunridge") has returned exceptional assay results from the first ten diamond drill holes totalling 1,033.5 metres , at the Adi Nefas Gossan zinc-gold-copper volcanogenic massive sulphide (VMS) deposit situated 6km north of the city of Asmara in Eritrea (Figure 1). These results extend the vertical depth to 155 metres with mineralisation covering 120 metres of strike. This drilling ratifies the high-grade zinc, gold and copper mineralisation discovered in drill holes NG-003-RD and NG-005-RD reported in March 2005. Mineralisation remains open at depth, to the north and possibly to the south.
A further 6 diamond drill holes have been completed with results from these holes expected over the coming weeks, bringing the total metres drilled to 2,117.3.
Based on the high quality of these results and the 2005 drill results, Sunridge will contract a second drill rig as soon as possible to accelerate drilling at Adi Nefas and further develop other targets including the Debarwa Copper/Gold deposit.
Drill Highlights – Adi Nefas Gossan - Eritrea
NG-009-D - 5.9 metres grading 2.23 g/t Au, 115.03 g/t Ag, 1.56% Cu & 20.03% Zn
NG-10-D - 6.05 metres grading 7.17 g/t Au, 202.89 g/t Ag, 2.03% Cu & 14.35% Zn
NG-13-D - 11.79 metres grading 7.57 g/t Au, 212.38 g/t Ag 4.25% Cu & 19.70% Zn
NG-15-D - 9.78 metres grading 3.05% Cu and 9.92% Zn
NG-16-D - 11.00 metres grading 3.96 g/t Au, 96.81 g/t Ag, 1.19% Cu & 10.60%Zn
Drill holes NG-007-D and NG-008-D were positioned to test the vertical continuity of the ore zone above and below NG-005-RD which intersected supergene-style mineralisation of 4.63% copper and 9.14 g/t gold over 11 meters (reported March 2005). Results from NG-007-RD showed that strong primary style gold, copper, zinc and silver mineralisation extends vertically at least 40 meters beneath NG-005-RD. However, the results for NG-008-D, drilled above NG-005-NG, were disappointing due to poor core recovery associated with naturally occurring cavities found higher in the ore body.
[...]
Sunridge believes that the ore zone at Adi Nefas Gossan remains open in all directions as drilling to date has not closed the structure, and at least another 20 to 30 drill holes are planned over the next few weeks to test this potential.
Sub-Sahara considers these results to be exceptional and has encouraged Sunridge to accelerate exploration to develop the Adi Nefas Gossan and the Debarwa projects as well as drill test other numerous untested targets.
For and on behalf of
Sub-Sahara Resources NL
M.R. Griffiths
CEO - Director
Wir können also in den nächsten Wochen mit einem schönen Puffer an News rechnen. Kann für den Kurs nur bestens sein.
Australien liegt bei 6% im Plus auf 0,07$.
Australien liegt bei 6% im Plus auf 0,07$.
hallo Tölzer alter Mitstreiter
es geht mal wieder los
es geht mal wieder los
Es gibt wieder Kapital für Asmara
Sunridge Gold Corp
Symbol SGC
Shares Issued 22,351,289
Close 2005-09-13 C$ 0.70
Recent Sedar Documents
Sunridge Gold plans $3.9-million financing
2005-09-14 12:41 ET - News Release
Mr. Michael Hopley reports
SUNRIDGE GOLD PRIVATE PLACEMENT FINANCING
Sunridge Gold Corp. has arranged a non-brokered private placement of up to six million units at a price of 65 cents per unit for gross proceeds of up to $3.9-million. Each unit will consist of one common share and one-half of one non-transferable common share purchase warrant, with each whole warrant entitling the subscriber to purchase one additional common share in the capital of the company at a price of 90 cents for a period of two years from closing of the private placement. In the event that the trading price of the common shares of the company closes at or above $1.50 per share for 20 consecutive days in the period commencing four months after the closing date, the company will have the right to accelerate the expiry date of the warrants to the date which is 30 days after the day a press release is widely disseminated by the company announcing the accelerated expiry date. The company may pay finder`s fees allowable under the TSX Venture Exchange policies. The private placement is subject to compliance with applicable securities laws and to receipt of regulatory approval.
Proceeds of this private placement will be used, together with funds on hand, for contracting at least one additional drill rig for continued development and exploration drilling at the Asmara project, Eritrea and for general working capital.
Sunridge Gold Corp
Symbol SGC
Shares Issued 22,351,289
Close 2005-09-13 C$ 0.70
Recent Sedar Documents
Sunridge Gold plans $3.9-million financing
2005-09-14 12:41 ET - News Release
Mr. Michael Hopley reports
SUNRIDGE GOLD PRIVATE PLACEMENT FINANCING
Sunridge Gold Corp. has arranged a non-brokered private placement of up to six million units at a price of 65 cents per unit for gross proceeds of up to $3.9-million. Each unit will consist of one common share and one-half of one non-transferable common share purchase warrant, with each whole warrant entitling the subscriber to purchase one additional common share in the capital of the company at a price of 90 cents for a period of two years from closing of the private placement. In the event that the trading price of the common shares of the company closes at or above $1.50 per share for 20 consecutive days in the period commencing four months after the closing date, the company will have the right to accelerate the expiry date of the warrants to the date which is 30 days after the day a press release is widely disseminated by the company announcing the accelerated expiry date. The company may pay finder`s fees allowable under the TSX Venture Exchange policies. The private placement is subject to compliance with applicable securities laws and to receipt of regulatory approval.
Proceeds of this private placement will be used, together with funds on hand, for contracting at least one additional drill rig for continued development and exploration drilling at the Asmara project, Eritrea and for general working capital.
ASX Companies Announcements
Wednesday 5th October 2005
Barrick Accelerates Expenditure At The Nyanzaga Gold Project in Tanzania.
As announced by Sub-Sahara 24th August 2005, Barrick Exploration Africa Limited (Barrick Gold Corporation) has elected to accelerate expenditure at the Nyanzaga Gold Project by spending a total of US$2.7million (A$3.5 million) over the next 12 months.
Sub-Sahara has been informed by Barrick that it currently has 4 drills operating (two Reverse Circulation drills and two diamond core drills).
At this stage, drilling is focussed on the Tusker/Kilimanjaro prospects where previous activity has identified significant gold mineralisation and there is strong potential for extensions to the known mineralisation.
Under the terms of the joint venture, Barrick is currently in the initial "earn-in" phase of the venture, having already expended over US$1.5 million prior to this new budget period and they will have secured a total of 51% of Sub-Sahara`s interest by spending a total of US$3 million.
At the current rate of drilling this expenditure hurdle could be reached by the end of 2005 and once this milestone has been reached, Barrick can elect to continue spending until they have completed a bankable feasibility study.
The first results from this drilling are expected to flow to Sub-Sahara during October with the bulk of the results expected for the December quarter.
Further information regarding this project will be reported as details come to hand.
For and on behalf of
Sub-Sahara Resources NL
M.R. Griffiths
CEO - Director
Wednesday 5th October 2005
Barrick Accelerates Expenditure At The Nyanzaga Gold Project in Tanzania.
As announced by Sub-Sahara 24th August 2005, Barrick Exploration Africa Limited (Barrick Gold Corporation) has elected to accelerate expenditure at the Nyanzaga Gold Project by spending a total of US$2.7million (A$3.5 million) over the next 12 months.
Sub-Sahara has been informed by Barrick that it currently has 4 drills operating (two Reverse Circulation drills and two diamond core drills).
At this stage, drilling is focussed on the Tusker/Kilimanjaro prospects where previous activity has identified significant gold mineralisation and there is strong potential for extensions to the known mineralisation.
Under the terms of the joint venture, Barrick is currently in the initial "earn-in" phase of the venture, having already expended over US$1.5 million prior to this new budget period and they will have secured a total of 51% of Sub-Sahara`s interest by spending a total of US$3 million.
At the current rate of drilling this expenditure hurdle could be reached by the end of 2005 and once this milestone has been reached, Barrick can elect to continue spending until they have completed a bankable feasibility study.
The first results from this drilling are expected to flow to Sub-Sahara during October with the bulk of the results expected for the December quarter.
Further information regarding this project will be reported as details come to hand.
For and on behalf of
Sub-Sahara Resources NL
M.R. Griffiths
CEO - Director
nicht schlecht Herr Specht
servus zusammen,
vor allem bin ich auf die ersten ergebnisse von zara gespannt.
seit fast 1,5 jahren warten ich auf die, wenn die kommen
dann kann das ganze nur steil nach oben marschieren!
servus
tölzer
vor allem bin ich auf die ersten ergebnisse von zara gespannt.
seit fast 1,5 jahren warten ich auf die, wenn die kommen
dann kann das ganze nur steil nach oben marschieren!
servus
tölzer
[posting]18.167.319 von tölzer am 06.10.05 18:34:54[/posting]und wann werden die erwartet?
kann täglich kommen
der ask ist ziemlich hoch gewandert unter 0,047 will niemand verkaufen und dort gibt es auch nur 70000 Stück!
in aus steht der kurs bei 0,06 und bei uns?
bid bei 0,032
ask bei 0,044
bid bei 0,032
ask bei 0,044
verzeihung
bid bei 0,034
bid bei 0,034
OCTOBER 17, 2005 - 08:00 ET
Sunridge Gold Adds Two More Drills to Asmara Project, Eritrea; Increases Program to 24,000 Metres
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Oct. 17, 2005) - Sunridge Gold Corp. (TSX VENTURE:SGC) announces that it has signed contracts for two additional drills bringing the total to four drills that will be operating as part of the 2005-2006 exploration program on the Asmara Project, Eritrea. These contracts will increase the program from the initial 10,000 metres to 24,000 metres of drilling. The two drills are in country and should be operating by the end of this month. The fourth rig is expected to be operating by mid-November.
President and CEO, Michael Hopley states, "Having spent the past week on the Asmara Project the great potential of many of the targets certainly justify an aggressive drilling program over the next six months. For the first time since Sunridge Gold has been working in Eritrea there is drilling equipment available in the country and this provides an opportunity to step-up our drilling campaign on the numerous VMS and gold targets on the property."
There is currently one drill operating at the Adi Nefas high-grade zinc-gold-copper-silver VMS prospect, within the Asmara Project and a second drill is being added. The two drills will work on defining potential north and south strike extensions. Drilling to date has progressed to hole NG-033-D with assays reported thus far to drill hole NG-016-D (see SGC News Release NR2005-11 dated September 13, 2005). Further assays are expected by the end of the month.
Two more drills will be deployed to drill both potential extensions and satellite geophysical targets at the Debarwa high-grade copper-gold-zinc deposit. In late 2005 or early 2006, at least one drill will move to other targets on the Asmara Project including the Emba Derho area, a new high-priority VMS target.
Sunridge Gold Corp. is a mineral exploration company focused on the acquisition, exploration, discovery and development of precious and base metal projects. The Company is currently conducting exploration on the Asmara Joint Venture Project in Eritrea. The Company is continuing to be the sole financial contributor to the JV to earn a 70% interest. The Company has 28.4 million shares outstanding, $5.0 million in cash and trades on the TSX Venture Exchange under the symbol SGC. For additional information on the Company and its projects please view the slide show on our website at www.sunridgegold.com or call Don Halliday at the number listed below.
SUNRIDGE GOLD CORP.
Michael Hopley, President and Chief Executive Officer
Sunridge Gold Adds Two More Drills to Asmara Project, Eritrea; Increases Program to 24,000 Metres
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Oct. 17, 2005) - Sunridge Gold Corp. (TSX VENTURE:SGC) announces that it has signed contracts for two additional drills bringing the total to four drills that will be operating as part of the 2005-2006 exploration program on the Asmara Project, Eritrea. These contracts will increase the program from the initial 10,000 metres to 24,000 metres of drilling. The two drills are in country and should be operating by the end of this month. The fourth rig is expected to be operating by mid-November.
President and CEO, Michael Hopley states, "Having spent the past week on the Asmara Project the great potential of many of the targets certainly justify an aggressive drilling program over the next six months. For the first time since Sunridge Gold has been working in Eritrea there is drilling equipment available in the country and this provides an opportunity to step-up our drilling campaign on the numerous VMS and gold targets on the property."
There is currently one drill operating at the Adi Nefas high-grade zinc-gold-copper-silver VMS prospect, within the Asmara Project and a second drill is being added. The two drills will work on defining potential north and south strike extensions. Drilling to date has progressed to hole NG-033-D with assays reported thus far to drill hole NG-016-D (see SGC News Release NR2005-11 dated September 13, 2005). Further assays are expected by the end of the month.
Two more drills will be deployed to drill both potential extensions and satellite geophysical targets at the Debarwa high-grade copper-gold-zinc deposit. In late 2005 or early 2006, at least one drill will move to other targets on the Asmara Project including the Emba Derho area, a new high-priority VMS target.
Sunridge Gold Corp. is a mineral exploration company focused on the acquisition, exploration, discovery and development of precious and base metal projects. The Company is currently conducting exploration on the Asmara Joint Venture Project in Eritrea. The Company is continuing to be the sole financial contributor to the JV to earn a 70% interest. The Company has 28.4 million shares outstanding, $5.0 million in cash and trades on the TSX Venture Exchange under the symbol SGC. For additional information on the Company and its projects please view the slide show on our website at www.sunridgegold.com or call Don Halliday at the number listed below.
SUNRIDGE GOLD CORP.
Michael Hopley, President and Chief Executive Officer
wieder beste Ergebnisse
ASX Companies Announcements
Monday 24th 2005
First hole at the Zara returns 5 metres at 5.9g/t Au - including 1 metre at 25.66g/t gold.
Assay results from the first of 4 diamond drill holes at the Koka prospect (Zara Project) in Eritrea have returned a 5 metre intersection grading 5.9g/t Au from 122m including 1m @ 25.66g/t Au.
ZARD-001 is located at the northern end of the narrowing, steeply east dipping, north trending mineralised shear zone that extends for over 500 metres. The hole was drilled to intersect mineralisation below the known artisanal workings that have been estimated to extend to 60 metres vertical depth.
Subsequent drill holes ZARD-002 and ZARD-003 drilled the heart of the Koka prospect at approximately 150 metres intervals along the structure from ZARD-001. Both holes have intersected, from east to west, alteration comprising carbonate, sericite, chlorite, silica and sulphides for up to 100m. Assay results from ZARD-002 and ZARD-003 are expected in approximately 3 to 4 weeks.
ZARD-004 is currently in progress and is planned to test the southern extent of the Koka prospect and will be followed by ZAR005-7 at the Konate prospect. It is anticipated that this initial drilling phase at Zara will be completed in January 2006.
Michael Griffiths, Sub-Sahara CEO said “That whilst drilling has been slow in this very difficult mountainous environment we are most encouraged by the results from the first reported hole. These results are consistent with the previously reported rock chip sample results of up to 1,000g/t Au and the anecdotal results of artisanal miners operating at Koka. The Koka prospect is one of three known +300 metre pods of mineralisation that occur along strike from each other and further mineralised zones are possible given the under explored nature of the area”.
For and on behalf of
Sub-Sahara Resources NL
M.R. Griffiths
CEO - Director
For further information please e-mail Michael Griffiths
ASX Companies Announcements
Monday 24th 2005
First hole at the Zara returns 5 metres at 5.9g/t Au - including 1 metre at 25.66g/t gold.
Assay results from the first of 4 diamond drill holes at the Koka prospect (Zara Project) in Eritrea have returned a 5 metre intersection grading 5.9g/t Au from 122m including 1m @ 25.66g/t Au.
ZARD-001 is located at the northern end of the narrowing, steeply east dipping, north trending mineralised shear zone that extends for over 500 metres. The hole was drilled to intersect mineralisation below the known artisanal workings that have been estimated to extend to 60 metres vertical depth.
Subsequent drill holes ZARD-002 and ZARD-003 drilled the heart of the Koka prospect at approximately 150 metres intervals along the structure from ZARD-001. Both holes have intersected, from east to west, alteration comprising carbonate, sericite, chlorite, silica and sulphides for up to 100m. Assay results from ZARD-002 and ZARD-003 are expected in approximately 3 to 4 weeks.
ZARD-004 is currently in progress and is planned to test the southern extent of the Koka prospect and will be followed by ZAR005-7 at the Konate prospect. It is anticipated that this initial drilling phase at Zara will be completed in January 2006.
Michael Griffiths, Sub-Sahara CEO said “That whilst drilling has been slow in this very difficult mountainous environment we are most encouraged by the results from the first reported hole. These results are consistent with the previously reported rock chip sample results of up to 1,000g/t Au and the anecdotal results of artisanal miners operating at Koka. The Koka prospect is one of three known +300 metre pods of mineralisation that occur along strike from each other and further mineralised zones are possible given the under explored nature of the area”.
For and on behalf of
Sub-Sahara Resources NL
M.R. Griffiths
CEO - Director
For further information please e-mail Michael Griffiths
Sunridge drills 8.77 g/t Au over 8.5 m at Adi Nefas
2005-10-27 13:31 ET - News Release
Mr. Don Halliday reports
SUNRIDGE GOLD REPORTS DRILL RESULTS FROM ADI NEFAS VMS PROJECT, ERITREA; CHECK ASSAYS RESULT IN REVISED HIGHER ZINC VALUES
Sunridge Gold Corp. has released assay results from another six holes, NG-017-D to NG-022-D, completed to date in the 2005 drill program. These results are from the Adi Nefas gossan gold-copper-zinc volcanogenic massive sulphide (VMS) project, part of the Asmara project in Eritrea. Thirty-seven diamond and reverse circulation drill holes have been completed to date, for a total of 5,600 metres. With these latest assays, results have now been reported from drill holes NG-00-RD to NG-022-D.
These latest results verify the continuation of the wide zones (drill intersections of between 8.95 and 14.80 metres) of high-grade copper and zinc supergene mineralization over at least a 200-metre strike length. This style of mineralization is open along strike to both the north and south. In addition four of the new holes have successfully tested the deeper primary mineralization to depths of 130 to over 200 metres. In particular, results from NG-020-D show that strong primary zinc, copper and gold mineralization exists at below 200 metres vertical depth and is open in depth and along strike.
A second drill rig has been contracted from Boart Longyear and is scheduled to be operating by the first week of November. A minimum of another 25 drill holes will be completed to test the Adi Nefas structure for an additional 700 metres to the north, 1,000 metres to the south and at depth.
Highlights:
NG-017-D -- 8.95 metres grading 4.45 grams per tonne Au, 162.05 g/t silver, 2.17 per cent copper and 10.13 per cent zinc;
NG-020-D -- 8.50 metres grading 8.77 g/t Au, 214.44 g/t Ag, 2.13 per cent Cu and 13.29 per cent Zn; and
NG-021-D -- 14.80 metres grading 4.48 per cent Cu and 7.11 per cent Zn.
Drill
hole From To Au Ag Cu Zn
NG- m m g/t g/t % %
017-D 55.75 64.70 4.45 162.05 2.17 10.13
018-D 186.9 191.4 5.08 193.79 1.19 13.02
019-D 217.2 222.57 .69 24.13 0.15 3.02
020-D 248.7 257.2 8.77 214.44 2.13 13.29
and 260.2 263.15 2.64 113.46 1.66 9.54
021-D 57.20 72.00 0.58 49.55 4.48 7.11
022-D 184.6 192.65 .61 66.20 0.63 8.08
Assay method
Due to the exceptionally high zinc values seen in some of the Adi Nefas drill core samples (over 40 per cent zinc in some cases), the assay laboratory, Genalysis Laboratories, has advised Sunridge that the massive sulphide samples containing these very high-grade zinc values (greater than 10 per cent) should be assayed using a refined assaying method that more accurately determines the sample grade. The modification to the method involves the use of a four-acid digestion method (AX/OES), which more effectively keeps all metals in solution, recalibration of equipment and the use of more appropriate reference materials in each batch. Massive sulphide samples from the Adi Nefas drilling are now being segregated on site and are being routinely assayed by this more accurate assay method. As a result, Genalysis is re-examining the assay method used on all very high-grade base metal values reported prior to September, 2005.
High-grade zinc samples from the previously reported assay results, reported in Stockwatch on Sept. 13, 2005, have recently been reassayed by Genalysis and the more accurate and higher values per interval compared with the previously reported assay values can be seen in the following table.
Re-
Drill vised
hole From To Au Ag Cu Zn
NG- m m g/t g/t % %
007-D 82.00 88.40 3.77 214.48 2.27 5.32
009-D 90.10 96.00 2.23 115.03 1.56 30.91
010-D 50.90 56.95 7.17 202.89 2.03 17.82
013-D 74.54 86.33 7.57 212.38 4.25 23.41
014-D 148.2 151.7 10.96 184.84 1.85 10.7
and 157.25 160.7 3.13 118.94 1.03 9.10
015-D 63.85 73.63 0.62 55.12 3.05 10.56
016-D
173.95 184.42 3.96 96.81 1.19 11.98
Notes:
Drill intercept lengths only are reported in the tabulations; it is estimated that true width will be approximately 80 per cent of the reported drill intercept length.
Hole designations ending in D are all drilled by diamond drilling methods only. Hole designations ending in RD are those started with reverse circulation and completed with diamond drilling.
A quality assurance/quality control program is part of the drilling program on the Asmara project. This program includes chain of custody protocol as well as systematic submittals of standards, duplicates and blank samples into the flow of samples produced by the drilling.
A description of the geology, sampling procedures and the company`s laboratory quality assurance/quality control procedures are as described in the company`s National Instrument 43-101 technical report filed on Feb. 17, 2004, and amended by the amended technical report filed, dated April 27, 2004. This report is available at SEDAR in Stockwatch.
Samples are prepared at African Horn Testing Services (Eritrea) and analyzed at Genalysis Laboratories (a NATA registered laboratory) in Perth, Australia.
The qualified person for the release of this exploration information is Michael Hopley, president and chief executive officer of Sunridge Gold Corp.
2005-10-27 13:31 ET - News Release
Mr. Don Halliday reports
SUNRIDGE GOLD REPORTS DRILL RESULTS FROM ADI NEFAS VMS PROJECT, ERITREA; CHECK ASSAYS RESULT IN REVISED HIGHER ZINC VALUES
Sunridge Gold Corp. has released assay results from another six holes, NG-017-D to NG-022-D, completed to date in the 2005 drill program. These results are from the Adi Nefas gossan gold-copper-zinc volcanogenic massive sulphide (VMS) project, part of the Asmara project in Eritrea. Thirty-seven diamond and reverse circulation drill holes have been completed to date, for a total of 5,600 metres. With these latest assays, results have now been reported from drill holes NG-00-RD to NG-022-D.
These latest results verify the continuation of the wide zones (drill intersections of between 8.95 and 14.80 metres) of high-grade copper and zinc supergene mineralization over at least a 200-metre strike length. This style of mineralization is open along strike to both the north and south. In addition four of the new holes have successfully tested the deeper primary mineralization to depths of 130 to over 200 metres. In particular, results from NG-020-D show that strong primary zinc, copper and gold mineralization exists at below 200 metres vertical depth and is open in depth and along strike.
A second drill rig has been contracted from Boart Longyear and is scheduled to be operating by the first week of November. A minimum of another 25 drill holes will be completed to test the Adi Nefas structure for an additional 700 metres to the north, 1,000 metres to the south and at depth.
Highlights:
NG-017-D -- 8.95 metres grading 4.45 grams per tonne Au, 162.05 g/t silver, 2.17 per cent copper and 10.13 per cent zinc;
NG-020-D -- 8.50 metres grading 8.77 g/t Au, 214.44 g/t Ag, 2.13 per cent Cu and 13.29 per cent Zn; and
NG-021-D -- 14.80 metres grading 4.48 per cent Cu and 7.11 per cent Zn.
Drill
hole From To Au Ag Cu Zn
NG- m m g/t g/t % %
017-D 55.75 64.70 4.45 162.05 2.17 10.13
018-D 186.9 191.4 5.08 193.79 1.19 13.02
019-D 217.2 222.57 .69 24.13 0.15 3.02
020-D 248.7 257.2 8.77 214.44 2.13 13.29
and 260.2 263.15 2.64 113.46 1.66 9.54
021-D 57.20 72.00 0.58 49.55 4.48 7.11
022-D 184.6 192.65 .61 66.20 0.63 8.08
Assay method
Due to the exceptionally high zinc values seen in some of the Adi Nefas drill core samples (over 40 per cent zinc in some cases), the assay laboratory, Genalysis Laboratories, has advised Sunridge that the massive sulphide samples containing these very high-grade zinc values (greater than 10 per cent) should be assayed using a refined assaying method that more accurately determines the sample grade. The modification to the method involves the use of a four-acid digestion method (AX/OES), which more effectively keeps all metals in solution, recalibration of equipment and the use of more appropriate reference materials in each batch. Massive sulphide samples from the Adi Nefas drilling are now being segregated on site and are being routinely assayed by this more accurate assay method. As a result, Genalysis is re-examining the assay method used on all very high-grade base metal values reported prior to September, 2005.
High-grade zinc samples from the previously reported assay results, reported in Stockwatch on Sept. 13, 2005, have recently been reassayed by Genalysis and the more accurate and higher values per interval compared with the previously reported assay values can be seen in the following table.
Re-
Drill vised
hole From To Au Ag Cu Zn
NG- m m g/t g/t % %
007-D 82.00 88.40 3.77 214.48 2.27 5.32
009-D 90.10 96.00 2.23 115.03 1.56 30.91
010-D 50.90 56.95 7.17 202.89 2.03 17.82
013-D 74.54 86.33 7.57 212.38 4.25 23.41
014-D 148.2 151.7 10.96 184.84 1.85 10.7
and 157.25 160.7 3.13 118.94 1.03 9.10
015-D 63.85 73.63 0.62 55.12 3.05 10.56
016-D
173.95 184.42 3.96 96.81 1.19 11.98
Notes:
Drill intercept lengths only are reported in the tabulations; it is estimated that true width will be approximately 80 per cent of the reported drill intercept length.
Hole designations ending in D are all drilled by diamond drilling methods only. Hole designations ending in RD are those started with reverse circulation and completed with diamond drilling.
A quality assurance/quality control program is part of the drilling program on the Asmara project. This program includes chain of custody protocol as well as systematic submittals of standards, duplicates and blank samples into the flow of samples produced by the drilling.
A description of the geology, sampling procedures and the company`s laboratory quality assurance/quality control procedures are as described in the company`s National Instrument 43-101 technical report filed on Feb. 17, 2004, and amended by the amended technical report filed, dated April 27, 2004. This report is available at SEDAR in Stockwatch.
Samples are prepared at African Horn Testing Services (Eritrea) and analyzed at Genalysis Laboratories (a NATA registered laboratory) in Perth, Australia.
The qualified person for the release of this exploration information is Michael Hopley, president and chief executive officer of Sunridge Gold Corp.
Und dazu die passende Meldung von Sub-Sahara...
ASX Companies Announcements
Friday 28th October 2005
Latest Drill Results Continue to Expand The High-Grade Adi Nefas Gossan Project in Eritrea
Drill Highlights - Adi Nefas Gossan - Eritrea
NG-017-D - 8.95 metres grading 4.45 g/t Au, 162.05 g/t Ag, 2.17% Cu & 10.13% Zn
NG-020-D - 8.50 metres grading 8.77 g/t Au, 214.44 g/t Ag, 2.13% Cu & 13.29% Zn
NG-021-D - 14.80 metres grading 4.48% Cu & 7.11% Zn
Further drilling results from the Adi Nefas Gossan (gold-copper-zinc) situated 6km north of the city of Asmara in Eritrea, have returned significant results.
Joint Venture partner Sunridge Gold Corp. (Sunridge) has reported assay results from six diamond drill holes, NG-017-D to NG-022-D, and these results verify the continuation of the wide zones (drill intersections of between 8.95 and 14.80 metres) of high grade copper and zinc supergene mineralisation over at least a 200 metre strike, with mineralisation open along strike to both the north and south.
Four of the new holes have successfully tested the deeper primary ore zone and NG-020-D has returned strong primary zinc, copper and gold mineralisation to below 200 metres vertical depth. The orebody remains open at depth and along strike (Table 1).
Table 1: Significant Diamond Drill Results
Drill hole #
From metres
To
metres
Length metres
Gold
g/t
Silver
g/t
Copper
%
Zinc
%
Zone
NG-017-D
55.75
64.70
8.95
4.45
162.05
2.17
10.13
SG
NG-018-D
186.90
191.40
4.50
5.08
193.79
1.19
13.02
P
NG-019-D
217.20
222.57
5.37
0.69
24.13
0.15
3.02
P
NG-020-D
248.70
257.20
8.50
8.77
214.44
2.13
13.29
P
And
260.20
263.15
2.95
2.64
113.46
1.66
9.54
P
NG-021-D
57.20
72.00
14.80
0.58
49.55
4.48
7.11
SG
NG-022-D
184.60
192.65
8.05
0.61
66.20
0.63
8.08
P
Notes:
1. SG= Supergene, P= Primary zones of mineralisation
2. All values are uncut
3. Hole designation ending in "D" are all drilled by diamond drilling methods only.
4. Samples are prepared at African Horn Testing Services (Eritrea) and analyzed at Genalysis Laboratories (a NATA registered laboratory) in Perth Western Australia.
As previously announced, 4 drill rigs will be in operation on the project within the next 2 weeks with two diamond drills working at Adi Nefas Gossan while the remaining 2 drills will be working on the Debarwa copper/gold deposit. Sub-Sahara commends the Government of Eritrea for assisting Sunridge to fast track the importation of drilling equipment and in expediting the sample export process.
This escalation in activity will provide a quantum leap in data with greater volumes of assay results flowing before the end of the year.
Sub-Sahara considers that these exceptional results from Adi Nefas Gossan have further enhanced the overall prospectivity of the Asmara Project and the recently announced drill results from Sub-Sahara`s Zara gold project, clearly support the company`s belief in the mineral endowment of Eritrea.
For and on behalf of
Sub-Sahara Resources NL
ASX Companies Announcements
Friday 28th October 2005
Latest Drill Results Continue to Expand The High-Grade Adi Nefas Gossan Project in Eritrea
Drill Highlights - Adi Nefas Gossan - Eritrea
NG-017-D - 8.95 metres grading 4.45 g/t Au, 162.05 g/t Ag, 2.17% Cu & 10.13% Zn
NG-020-D - 8.50 metres grading 8.77 g/t Au, 214.44 g/t Ag, 2.13% Cu & 13.29% Zn
NG-021-D - 14.80 metres grading 4.48% Cu & 7.11% Zn
Further drilling results from the Adi Nefas Gossan (gold-copper-zinc) situated 6km north of the city of Asmara in Eritrea, have returned significant results.
Joint Venture partner Sunridge Gold Corp. (Sunridge) has reported assay results from six diamond drill holes, NG-017-D to NG-022-D, and these results verify the continuation of the wide zones (drill intersections of between 8.95 and 14.80 metres) of high grade copper and zinc supergene mineralisation over at least a 200 metre strike, with mineralisation open along strike to both the north and south.
Four of the new holes have successfully tested the deeper primary ore zone and NG-020-D has returned strong primary zinc, copper and gold mineralisation to below 200 metres vertical depth. The orebody remains open at depth and along strike (Table 1).
Table 1: Significant Diamond Drill Results
Drill hole #
From metres
To
metres
Length metres
Gold
g/t
Silver
g/t
Copper
%
Zinc
%
Zone
NG-017-D
55.75
64.70
8.95
4.45
162.05
2.17
10.13
SG
NG-018-D
186.90
191.40
4.50
5.08
193.79
1.19
13.02
P
NG-019-D
217.20
222.57
5.37
0.69
24.13
0.15
3.02
P
NG-020-D
248.70
257.20
8.50
8.77
214.44
2.13
13.29
P
And
260.20
263.15
2.95
2.64
113.46
1.66
9.54
P
NG-021-D
57.20
72.00
14.80
0.58
49.55
4.48
7.11
SG
NG-022-D
184.60
192.65
8.05
0.61
66.20
0.63
8.08
P
Notes:
1. SG= Supergene, P= Primary zones of mineralisation
2. All values are uncut
3. Hole designation ending in "D" are all drilled by diamond drilling methods only.
4. Samples are prepared at African Horn Testing Services (Eritrea) and analyzed at Genalysis Laboratories (a NATA registered laboratory) in Perth Western Australia.
As previously announced, 4 drill rigs will be in operation on the project within the next 2 weeks with two diamond drills working at Adi Nefas Gossan while the remaining 2 drills will be working on the Debarwa copper/gold deposit. Sub-Sahara commends the Government of Eritrea for assisting Sunridge to fast track the importation of drilling equipment and in expediting the sample export process.
This escalation in activity will provide a quantum leap in data with greater volumes of assay results flowing before the end of the year.
Sub-Sahara considers that these exceptional results from Adi Nefas Gossan have further enhanced the overall prospectivity of the Asmara Project and the recently announced drill results from Sub-Sahara`s Zara gold project, clearly support the company`s belief in the mineral endowment of Eritrea.
For and on behalf of
Sub-Sahara Resources NL
bitte mal ne kurze zusammenfassung auf deutsch
wäre sehr sehr lieb
vielen dank
wäre sehr sehr lieb
vielen dank
Hallo Aymery,
hatte Deine Anfrage erst heute gesehen. Das Adi Nefas Gossan Projekt, von dem hier die Rede ist, gehört zum Asmara Joint Venture (Eritrea) von Suridge und Sub-Sahara. Sunridge hat sechs weitere Bohrungsergebnisse bekannt gegeben, welche die positiven Erwartungen an das Projekt bestätigen. Weitere Bohrungsergebnisse für dieses Projekt werden folgen.
Des weiteren möchte sich Sub-Sahara bei der Regierung in Eritrea dafür einsetzen, dass die logistischen Umstände verbessert werden, um insbesondere Ausrüstung schneller herbeischaffen zu können. Subsi geht davon aus, dass dadurch weitere und größere Analysen in den nächsten Wochen kommen werden.
Wird also Zeit, dass wir in Australien mal wieder etwas Gas geben mit dem Kurs...
hatte Deine Anfrage erst heute gesehen. Das Adi Nefas Gossan Projekt, von dem hier die Rede ist, gehört zum Asmara Joint Venture (Eritrea) von Suridge und Sub-Sahara. Sunridge hat sechs weitere Bohrungsergebnisse bekannt gegeben, welche die positiven Erwartungen an das Projekt bestätigen. Weitere Bohrungsergebnisse für dieses Projekt werden folgen.
Des weiteren möchte sich Sub-Sahara bei der Regierung in Eritrea dafür einsetzen, dass die logistischen Umstände verbessert werden, um insbesondere Ausrüstung schneller herbeischaffen zu können. Subsi geht davon aus, dass dadurch weitere und größere Analysen in den nächsten Wochen kommen werden.
Wird also Zeit, dass wir in Australien mal wieder etwas Gas geben mit dem Kurs...
[posting]18.524.276 von Svouney am 31.10.05 18:34:02[/posting]danke für die antwort
(wir brauchen ne kurbel!)
(wir brauchen ne kurbel!)
Das macht der Nachbar Nevsun
In Eritrea, the Company continues to progress the Bisha feasibility study, being completed by AMEC, and is due for completion late Q1 2006. AMEC has also been engaged to develop a scoping study scheduled to be completed in Q4 2005 which will give indications of the scale and direction of the Bisha project. In addition to its work on Bisha the Company is currently carrying out exploration at the Augaro property in Eritrea.
In Eritrea, the Company continues to progress the Bisha feasibility study, being completed by AMEC, and is due for completion late Q1 2006. AMEC has also been engaged to develop a scoping study scheduled to be completed in Q4 2005 which will give indications of the scale and direction of the Bisha project. In addition to its work on Bisha the Company is currently carrying out exploration at the Augaro property in Eritrea.
wieder nachrichten
http://www.subsahara.com.au/pages/asx/2005/asx2005.htm
http://www.subsahara.com.au/pages/asx/2005/asx2005.htm
achtet mal auf Absender
kommt doch noch AIM Listing??
kommt doch noch AIM Listing??
Hallo zusammen,
Sub-Sahara führt eine weitere ordentliche Kapitalerhöhung an der ASX durch. Die 822,937.50$ (before costs; 0,0475 pro Aktie) sollen vor allem zur weiteren Exploration in Tanzania und Eritrea dienen.
Link: http://www.subsahara.com.au/pages/asx/2005/14nov2005_placeme…
Mal sehen, wie es aufgenommen wird. Wer wagt sich denn mal an eine Prognose bis zum Jahresende? Ich denke, aufgrund der guten Nachrichtenlage für Dezember könnten wir wieder auf 0,07 AD kommen. Oder gehen wir noch weiter auf 0,04 zurück?
Sub-Sahara führt eine weitere ordentliche Kapitalerhöhung an der ASX durch. Die 822,937.50$ (before costs; 0,0475 pro Aktie) sollen vor allem zur weiteren Exploration in Tanzania und Eritrea dienen.
Link: http://www.subsahara.com.au/pages/asx/2005/14nov2005_placeme…
Mal sehen, wie es aufgenommen wird. Wer wagt sich denn mal an eine Prognose bis zum Jahresende? Ich denke, aufgrund der guten Nachrichtenlage für Dezember könnten wir wieder auf 0,07 AD kommen. Oder gehen wir noch weiter auf 0,04 zurück?
servus zusammen,
sub sahra und sundridge sind morgen in frankfurt.
mal schauen, ob es was neues gibt!
servus
tölzer
sub sahra und sundridge sind morgen in frankfurt.
mal schauen, ob es was neues gibt!
servus
tölzer
schaut euch mal das an!!!http://stocknessmonster.com/news-item?S=SBS&E=ASX&N=305673
Heute ein Volumen von über 3 Mio. in Australien, wohl eine Reaktion auf die Zara-Ergebnisse. Hier der Text:
ASX Companies Announcements
Wednesday 16th November 2005
Zara returns 14 metres @ 7.81g/t gold
ZAD002, the second of 4 diamond drill holes at the Koka prospect (Zara Gold Project) in Eritrea, has returned exceptional multiple interval results , including a 14 metre intersection grading 7.81g/t gold from 173 metres within a broader 33 metre intersection grading 4.17 g/t gold (Table 1).
Hole ZAD002 was drilled approximately 140 metres to the south of ZAD001 to a depth of 207 metres and has intersected a much broader zone of hydrothermal alteration characterised by carbonate/sericite/chlorite alteration, silicification and sulphidisation. The high grade gold mineralisation is quartz vein related with lower grade mineralisation evident in the felsic volcanic/volcanoclastic host rocks.
The mineralisation appears to be striking north-south, with a steep dip to the east and a southerly plunge. This plunge may account for the limited high grade intersection in previously reported hole ZAD001, of 5 metres grading 5.9g/t gold, as the intersection went underneath the main mineralised zone.
Hole ZAD003 located approximately 160m south of ZAD002, has been completed and this hole intersected a similar zone of hydrothermal alteration as was intersected in hole ZAD002. Assay results for ZAD003 are expected by the end of November.
Michael Griffiths, Sub-Sahara CEO said "This is an outstanding result that vindicates our persistent efforts to drill this project over a number of years. Our drilling of the Koka artisanal workings, the first of several identified targets, has confirmed a potentially significant goldfield in Eritrea. We recognise that more than 2 drill holes are needed to define an orebody, but the results to date from Koka are an extremely encouraging start".
Das nächste Bohrergebnis des Zara-Projekts folgt also Ende November. Zudem kommen weitere spätestens im Dezember von den anderen Projekten. Auf geht´s!!
ASX Companies Announcements
Wednesday 16th November 2005
Zara returns 14 metres @ 7.81g/t gold
ZAD002, the second of 4 diamond drill holes at the Koka prospect (Zara Gold Project) in Eritrea, has returned exceptional multiple interval results , including a 14 metre intersection grading 7.81g/t gold from 173 metres within a broader 33 metre intersection grading 4.17 g/t gold (Table 1).
Hole ZAD002 was drilled approximately 140 metres to the south of ZAD001 to a depth of 207 metres and has intersected a much broader zone of hydrothermal alteration characterised by carbonate/sericite/chlorite alteration, silicification and sulphidisation. The high grade gold mineralisation is quartz vein related with lower grade mineralisation evident in the felsic volcanic/volcanoclastic host rocks.
The mineralisation appears to be striking north-south, with a steep dip to the east and a southerly plunge. This plunge may account for the limited high grade intersection in previously reported hole ZAD001, of 5 metres grading 5.9g/t gold, as the intersection went underneath the main mineralised zone.
Hole ZAD003 located approximately 160m south of ZAD002, has been completed and this hole intersected a similar zone of hydrothermal alteration as was intersected in hole ZAD002. Assay results for ZAD003 are expected by the end of November.
Michael Griffiths, Sub-Sahara CEO said "This is an outstanding result that vindicates our persistent efforts to drill this project over a number of years. Our drilling of the Koka artisanal workings, the first of several identified targets, has confirmed a potentially significant goldfield in Eritrea. We recognise that more than 2 drill holes are needed to define an orebody, but the results to date from Koka are an extremely encouraging start".
Das nächste Bohrergebnis des Zara-Projekts folgt also Ende November. Zudem kommen weitere spätestens im Dezember von den anderen Projekten. Auf geht´s!!
und wieder sehr schöne Ergebnisse
Jetzt gehts aber bald ab... Die ersten Minen innerhalb des Asmara Joint-Ventures werden geplant. Das sind hervorragende Nachrichten!!
ASX Companies Announcements
Friday 20th November 2005
Conceptual Mine Plan Commences At Debarwa in Eritrea
Asmara Joint Venture partner Sunridge Gold Corp. "Sunridge" has selected Vancouver based Beacon Hill Consultants 1988 Ltd. ("Beacon Hill") to complete a Conceptual Mining Plan for the high-grade copper and gold Debarwa Project, that forms part of the Asmara Project in Eritrea.
Work has already commenced on the study which is scheduled to be completed by February 2006 and the study will focus on two areas known as Debarwa Main and Debarwa South which were extensively drilled (over 14,000 metres) by Sub-Sahara for the joint venture during 2004.
The conceptual mine study will examine many aspects of the Debarwa Project including: the geological model and the resources, conceptual engineering and mine plan, metallurgy and mineral processing options, capital and operating costs, financial analysis as well as environmental baseline data collection.
Beacon Hill will also evaluate the possibility of "fast-tracking" Debarwa into production to benefit from the rise in commodity prices, the exceptionally high-grades and the excellent local infrastructure that includes paved roads and power lines that link the project to the capital city of Asmara 30 kilometres to the north.
In addition, the joint venture partners believe that the size of the Debarwa Deposit can be significantly expanded along strike, to the north and south and down dip.
As previously announced, Sunridge has completed 4,000 metres of a 25,000 metre programme and four drill rigs are now in operation to complete this work over the coming months. Two drill rigs are operating at the Debarwa high-grade copper-gold volcanogenic massive sulphide (VMS) area and two drills are operating at the Adi Nefas Gossan (high-grade zinc-copper-gold VMS).
At Debarwa, the purpose of this drill program is to test the potential strike extensions of the Main Zone to the north for 200 metres, to the south for 700 metres and to depth. In addition, several other gravity anomalies in close proximity to Debarwa Main Zone will be tested. A minimum of 5,000 metres is budgeted for these areas with the objective of expanding the current zone of mineralization and testing the anomalies for new discovery potential.
Drilling at Adi Nefas Gossan will test a further 1.3km of potential strike of a zone of high-grade mineralization that currently covers over 350 metres and extends to a depth of 225 metres.
As part of this exploration/development programme, several other targets will be drill tested including the high priority Emba Derho and Kodado VMS targets where gossans are exposed at surface for over 700 metres. Outcropping gossans have been the key indicator for VMS discoveries in Eritrea such as Debarwa, Adi Nefas and Nevsun`s Bisha Project.
Sub-Sahara has encouraged Sunridge to accelerate the Asmara project towards feasibility and this news, as well as the exceptional gold results from the Sub-Sahara funded Zara Gold project, have reinforced the Company`s belief in the potential of Eritrea.
For and on behalf of
Sub-Sahara Resources NL
M.R. Griffiths
CEO - Director
ASX Companies Announcements
Friday 20th November 2005
Conceptual Mine Plan Commences At Debarwa in Eritrea
Asmara Joint Venture partner Sunridge Gold Corp. "Sunridge" has selected Vancouver based Beacon Hill Consultants 1988 Ltd. ("Beacon Hill") to complete a Conceptual Mining Plan for the high-grade copper and gold Debarwa Project, that forms part of the Asmara Project in Eritrea.
Work has already commenced on the study which is scheduled to be completed by February 2006 and the study will focus on two areas known as Debarwa Main and Debarwa South which were extensively drilled (over 14,000 metres) by Sub-Sahara for the joint venture during 2004.
The conceptual mine study will examine many aspects of the Debarwa Project including: the geological model and the resources, conceptual engineering and mine plan, metallurgy and mineral processing options, capital and operating costs, financial analysis as well as environmental baseline data collection.
Beacon Hill will also evaluate the possibility of "fast-tracking" Debarwa into production to benefit from the rise in commodity prices, the exceptionally high-grades and the excellent local infrastructure that includes paved roads and power lines that link the project to the capital city of Asmara 30 kilometres to the north.
In addition, the joint venture partners believe that the size of the Debarwa Deposit can be significantly expanded along strike, to the north and south and down dip.
As previously announced, Sunridge has completed 4,000 metres of a 25,000 metre programme and four drill rigs are now in operation to complete this work over the coming months. Two drill rigs are operating at the Debarwa high-grade copper-gold volcanogenic massive sulphide (VMS) area and two drills are operating at the Adi Nefas Gossan (high-grade zinc-copper-gold VMS).
At Debarwa, the purpose of this drill program is to test the potential strike extensions of the Main Zone to the north for 200 metres, to the south for 700 metres and to depth. In addition, several other gravity anomalies in close proximity to Debarwa Main Zone will be tested. A minimum of 5,000 metres is budgeted for these areas with the objective of expanding the current zone of mineralization and testing the anomalies for new discovery potential.
Drilling at Adi Nefas Gossan will test a further 1.3km of potential strike of a zone of high-grade mineralization that currently covers over 350 metres and extends to a depth of 225 metres.
As part of this exploration/development programme, several other targets will be drill tested including the high priority Emba Derho and Kodado VMS targets where gossans are exposed at surface for over 700 metres. Outcropping gossans have been the key indicator for VMS discoveries in Eritrea such as Debarwa, Adi Nefas and Nevsun`s Bisha Project.
Sub-Sahara has encouraged Sunridge to accelerate the Asmara project towards feasibility and this news, as well as the exceptional gold results from the Sub-Sahara funded Zara Gold project, have reinforced the Company`s belief in the potential of Eritrea.
For and on behalf of
Sub-Sahara Resources NL
M.R. Griffiths
CEO - Director
wirklich schöne Meldung
Man will Tempo machen ,um von den hohen Preisen z. ZT.zu profitieren
Hallo zusammen,
da scheint sich das Ausharren bis auf 0,048 AD ja doch gelohnt zu haben. Freitag und Montag haben wir schon bei überdurchschnittlichem Umsatz (über 2 Mio.) mehr als 10% gemacht. Heute sind in Australien sogar über 6 Mio. über den Tisch gegangen, bei +5%.
Der Dezember verspricht vor allem noch einige News - das wird den Kurs noch weiter treiben! Heute gab es schon ein Statement vom großen Partner Barrick:
ASX Companies Announcements
Tuesday 06th December2005
Barrick Media Statement regarding Nyanzaga Joint Venture
Joint Venture partner Barrick Exploration Africa Limited (BEAL), has stated to the North America media "that it has completed 24 pre-collared core holes testing the Tusker prospect situated within the Nyanzaga Project in Tanzania (Figure 1). The BEAL drilling totalling 8,368 metres has confirmed the broad, low grade gold mineralization intersected by previous drilling with holes intersecting greater than 50 metres (true width) of visually mineralised core extend over 500 metres of strike and 400 metres depth (as shown on attached long-section - Figure 2).
The southern extension is overlain by a barren / weakly mineralised magnetic siltstone unit up to 300m thick. Mineralisation is exposed in the northern part of the trend.
Assay results are pending for the majority of the drill holes, but intersections to date include:
DDH21 313m (down hole depths) @ 1.17g/t Au (30g/t top cut; 0.5g/t cut-off but includes zones of internal dilution up to 9m wide).
Preliminary metallurgical tests suggest good recoveries in both the oxide and primary mineralisation.
Five core rigs are currently active and will continue drilling into December. An infill program will be conducted in the first half of 2006".
BEAL has the right to earn 70% of Sub-Sahara`s interest by completing a bankable feasibility study and Sub-Sahara will retain a 27.3% contributing interest at that time.
For and on behalf of
Sub-Sahara Resources NL
M.R. Griffiths
CEO - Director
For further information please e-mail Michael Griffiths or contact by phone on 61-8-9227 3260
# Reported in accordance with the Aus. IMM "Australasian Code for Reporting of Identified Mineral Resources and Ore Reserves" and is based on information complied by Mr M.R. Griffiths, a competent person as defined by the Code and a Member of Australasian Institute of Mining & Metallurgy. Mr Griffiths is employed by Sub-Sahara Resources NL and has consented to the information in the form and context in which it appears.
da scheint sich das Ausharren bis auf 0,048 AD ja doch gelohnt zu haben. Freitag und Montag haben wir schon bei überdurchschnittlichem Umsatz (über 2 Mio.) mehr als 10% gemacht. Heute sind in Australien sogar über 6 Mio. über den Tisch gegangen, bei +5%.
Der Dezember verspricht vor allem noch einige News - das wird den Kurs noch weiter treiben! Heute gab es schon ein Statement vom großen Partner Barrick:
ASX Companies Announcements
Tuesday 06th December2005
Barrick Media Statement regarding Nyanzaga Joint Venture
Joint Venture partner Barrick Exploration Africa Limited (BEAL), has stated to the North America media "that it has completed 24 pre-collared core holes testing the Tusker prospect situated within the Nyanzaga Project in Tanzania (Figure 1). The BEAL drilling totalling 8,368 metres has confirmed the broad, low grade gold mineralization intersected by previous drilling with holes intersecting greater than 50 metres (true width) of visually mineralised core extend over 500 metres of strike and 400 metres depth (as shown on attached long-section - Figure 2).
The southern extension is overlain by a barren / weakly mineralised magnetic siltstone unit up to 300m thick. Mineralisation is exposed in the northern part of the trend.
Assay results are pending for the majority of the drill holes, but intersections to date include:
DDH21 313m (down hole depths) @ 1.17g/t Au (30g/t top cut; 0.5g/t cut-off but includes zones of internal dilution up to 9m wide).
Preliminary metallurgical tests suggest good recoveries in both the oxide and primary mineralisation.
Five core rigs are currently active and will continue drilling into December. An infill program will be conducted in the first half of 2006".
BEAL has the right to earn 70% of Sub-Sahara`s interest by completing a bankable feasibility study and Sub-Sahara will retain a 27.3% contributing interest at that time.
For and on behalf of
Sub-Sahara Resources NL
M.R. Griffiths
CEO - Director
For further information please e-mail Michael Griffiths or contact by phone on 61-8-9227 3260
# Reported in accordance with the Aus. IMM "Australasian Code for Reporting of Identified Mineral Resources and Ore Reserves" and is based on information complied by Mr M.R. Griffiths, a competent person as defined by the Code and a Member of Australasian Institute of Mining & Metallurgy. Mr Griffiths is employed by Sub-Sahara Resources NL and has consented to the information in the form and context in which it appears.
kurzfristiger Abwärtstrend mit beeindruckendem Volumen gebrochen, heute über 6 Mio Aktien (wird bei Comdirect verspätet angezeigt)
Khampan
ja das sieht wieder gut aus!!!!!!!!!
das macht der Nachbar in Eritrea
Nevsun Resources Ltd.: Scoping Study Completed for Bisha Project in Eritrea
12/6/05
VANCOUVER, BRITISH COLUMBIA, Dec 6, 2005 (CCNMatthews via COMTEX) --
Nevsun Resources Ltd. (TSX:NSU)(AMEX:NSU) is pleased to announce the results of the scoping study completed for the Bisha project in Eritrea by AMEC Americas Limited (AMEC), an international engineering company. The initial drill hole that made the Bisha discovery was completed by Nevsun in November 2002. Upon discovery, an extensive exploration and drill program was completed at the Bisha project, a volcanogenic massive sulphide deposit with a gold-rich gossan cap (see figure 1). The scoping study commissioned by Nevsun in the spring of 2005 for the Bisha Main deposit has now been completed and the following is a brief summary. All dollar amounts are in US$.
The pre-tax and pre-financing project economics as presented in the scoping study are shown below using both current commodity prices and conservative historical commodity prices. At current commodity prices, the Bisha project has a net present value pre-tax and pre-financing of US$1.3 billion and an IRR of 71%. The AMEC base case (using more conservative historic prices) as outlined below reduces the NPV to US$346 million and the IRR to 35%. A final feasibility study is due for completion in mid 2006.
--------------------------------------------------------------------Economic Commodity 0% Discount PaybackScenarios Price Scenario NPV IRR Period--------------------------------------------------------------------Current Commodity Gold US$ 495/oz US$ 1.3 B 71% 1.3 years Prices (Nov 30/05) Copper US$ 1.99/lb Silver US$ 8.27/oz Zinc US$ 0.76/lb--------------------------------------------------------------------Conservative Gold US$ 400/oz US$ 346 M 35% 1.9 years Historical Copper US$ 1.05/lb Commodity Prices Silver US$ 6.00/oz (AMEC Base Case) Zinc US$ 0.50/lb--------------------------------------------------------------------
The Company has presented the Bisha scoping study to Mr. Tesfai Ghebreselassie, the Minister of Energy and Mines of Eritrea. Mr. Ghebreselassie stated: "We congratulate Nevsun on its exploration success, and we look forward to continuing the Ministry`s cooperation and partnership in developing the world class Bisha deposit into a producing mine."
The scoping study mine plan is based on the indicated resources included in the 2004 Bisha Main geological model evaluated by AMEC (see press release of October 18, 2004) and metallurgical test work completed by S.G.S. Lakefield conducted during spring 2005 on representative core drilled and collected under the supervision of AMEC staff.
The 2004 Bisha Main resource is presented below.
-------------------------------------------------------------------- Tonnes Cut-off m Au g/t Ag g/t Cu % Zn %--------------------------------------------------------------------Indicated--------------------------------------------------------------------Oxides 0.5g/t Au 4.99 6.51 30.00 0.10 0.08--------------------------------------------------------------------Supergene Cu 0.5% Cu 7.65 0.46 35.56 3.47 0.87--------------------------------------------------------------------Primary 2.0% Zn 1.71 0.74 29.59 0.97 3.07--------------------------------------------------------------------Primary Zn 2.0% Zn 8.41 0.76 58.27 1.12 9.04--------------------------------------------------------------------Total tonnes 22.76----------------------------------------------------------------------------------------------------------------------------------------Inferred--------------------------------------------------------------------Oxides 0.5g/t Au 0.12 3.34 18.20 0.12 0.07--------------------------------------------------------------------Supergene Cu 0.5% Cu 0.19 0.09 30.14 3.26 1.04--------------------------------------------------------------------Primary 2.0% Zn 0.39 0.75 35.20 1.24 3.03--------------------------------------------------------------------Primary Zn 2.0% Zn 5.15 0.70 59.67 0.84 8.28--------------------------------------------------------------------Total tonnes 5.85--------------------------------------------------------------------
The estimated open pit mineable material derived from this resource and presented in the scoping study is as follows:
-------------------------------------------------------------------- Tonnes Au Ag CuOre m Au g/t Ag g/t Cu % Zn % recovery recovery recovery--------------------------------------------------------------------Oxide 4.1 7.6 35.8 0.1 0.1 87% 45%--------------------------------------------------------------------Supergene Cu 6.3 1.0 41.1 4.1 0.5 42% 64% 85%--------------------------------------------------------------------Primary 3.1 0.7 36.2 1.4 1.8 Concentrate recoveries are:----------------------------------------- 83% copper and 85% zincPrimary Zn 7.0 0.8 59.2 1.2 9.4--------------------------------------------------------------------Total tonnes 20.5--------------
The scoping study used a rate of production for the Bisha project of 2 million tonnes of ore per annum providing for a 10 year open pit mine life. A further study will be required to evaluate the further underground potential of the Bisha Main deposit to take production beyond 10 years. The primary sulphide ore widths at the base of the open pit are typically greater than 50m in width and could provide significant potential for a long life underground operation.
Preproduction capital has been estimated at US$156 million (including a 20% contingency factor) for a mining fleet, a gold leach plant, tailings, water storage and water diversion dams, equipment maintenance facilities, an administration building and an operations camp and owner`s costs during construction.
The scoping study effectively presents three mines in one to reflect the three distinct ore types of the Bisha Main deposit. The first two years of operation is as a gold mine processing the high grade oxide ores. The next three years of operation is as a copper mine processing the supergene copper ores that underlie the oxide ore zone. From year six onwards primary sulphide ores that lie immediately below the supergene ores are processed to generate separate copper and zinc concentrates.
In the first two years of operation as a gold mine the process plant is fed exclusively with oxide ore in a traditional SAG mill/ball mill configuration using leach and CIP for gold and silver recovery. During these first two years a flotation plant to process the supergene copper ores will be installed and a copper concentrate shipping facility will be completed at the Port of Massawa for a combined estimated cost of US$38 million. These additions will allow the same crusher and mills initially installed for the oxide ore processing to convert to sulphide ore processing. At no time will mixed oxide and sulphide ores be processed.
In year five, a zinc flotation plant and an expansion of the storage facilities at the port will be completed for an estimated cost of a further US$20 million. This will permit the continued long life operation of the Bisha plant and infrastructure processing primary sulphide ores to produce separate copper and zinc concentrates through sequential flotation for shipping and delivery to the international smelting market. During year six supergene sulphide ores and primary ores will be campaigned separately through the process plant as the open pit develops to depth into the primary sulphide ore zones.
The open pit has an estimated pit depth of 220m which will be mined in stages as a series of pit shells. The mining strip ratio (waste to ore) is approximately 2:1 for the first two years (oxide ores), is approximately 4:1 for the next three years (copper supergene ores) and approximately 5:1 for the following five years (predominantly primary sulphide ores).
Full details on the final infill drill results for the completed Bisha Main deposit drill program were published in a news release on July 11, 2005. The completion of this drill program permitted the start of a new evaluation of the Bisha Main resource as an integral part of the development of a final mining program and reserve estimation for the ongoing Bisha feasibility study. This new resource estimate is expected to be published in January 2006.
Bill Nielsen, Vice-President of Exploration for Nevsun, a qualified person under National Instrument 43-101, supervised and directed all work associated with the drilling program for the Bisha Project.
Nevsun Resources will host a Conference Call to discuss the Scoping Study for the Bisha Project in Eritrea on Monday, December 12th at 11 a.m. Eastern time, 8 a.m. Pacific time.
The Conference Call Dial-In Numbers are:
1) North America 1-877-691-0878
2) International 1-973-582-2773
Confirmation Number: 6788592, or state "Nevsun Resources - Bisha Scoping Study Update"
Webcast access for registration is http://viavid.net/dce.aspx?sid=00002BD5. This information is posted on the Nevsun website, www.nevsun.com/events.html.
Forward-Looking Statements: The above contains forward-looking statements that are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward-looking statements. Factors that could cause such differences include: changes in world commodity markets, equity markets, costs and supply of materials relevant to the mining industry, change in government and changes to regulations affecting the mining industry. Although we believe the expectations reflected in our forward looking statements are reasonable, results may vary, and we cannot guarantee future results, levels of activity, performance or achievements. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible" and similar expressions, or statements that events, conditions or results "will", "may", "could" or "should" occur or be achieved.
NEVSUN RESOURCES LTD.
Nevsun Resources Ltd.: Scoping Study Completed for Bisha Project in Eritrea
12/6/05
VANCOUVER, BRITISH COLUMBIA, Dec 6, 2005 (CCNMatthews via COMTEX) --
Nevsun Resources Ltd. (TSX:NSU)(AMEX:NSU) is pleased to announce the results of the scoping study completed for the Bisha project in Eritrea by AMEC Americas Limited (AMEC), an international engineering company. The initial drill hole that made the Bisha discovery was completed by Nevsun in November 2002. Upon discovery, an extensive exploration and drill program was completed at the Bisha project, a volcanogenic massive sulphide deposit with a gold-rich gossan cap (see figure 1). The scoping study commissioned by Nevsun in the spring of 2005 for the Bisha Main deposit has now been completed and the following is a brief summary. All dollar amounts are in US$.
The pre-tax and pre-financing project economics as presented in the scoping study are shown below using both current commodity prices and conservative historical commodity prices. At current commodity prices, the Bisha project has a net present value pre-tax and pre-financing of US$1.3 billion and an IRR of 71%. The AMEC base case (using more conservative historic prices) as outlined below reduces the NPV to US$346 million and the IRR to 35%. A final feasibility study is due for completion in mid 2006.
--------------------------------------------------------------------Economic Commodity 0% Discount PaybackScenarios Price Scenario NPV IRR Period--------------------------------------------------------------------Current Commodity Gold US$ 495/oz US$ 1.3 B 71% 1.3 years Prices (Nov 30/05) Copper US$ 1.99/lb Silver US$ 8.27/oz Zinc US$ 0.76/lb--------------------------------------------------------------------Conservative Gold US$ 400/oz US$ 346 M 35% 1.9 years Historical Copper US$ 1.05/lb Commodity Prices Silver US$ 6.00/oz (AMEC Base Case) Zinc US$ 0.50/lb--------------------------------------------------------------------
The Company has presented the Bisha scoping study to Mr. Tesfai Ghebreselassie, the Minister of Energy and Mines of Eritrea. Mr. Ghebreselassie stated: "We congratulate Nevsun on its exploration success, and we look forward to continuing the Ministry`s cooperation and partnership in developing the world class Bisha deposit into a producing mine."
The scoping study mine plan is based on the indicated resources included in the 2004 Bisha Main geological model evaluated by AMEC (see press release of October 18, 2004) and metallurgical test work completed by S.G.S. Lakefield conducted during spring 2005 on representative core drilled and collected under the supervision of AMEC staff.
The 2004 Bisha Main resource is presented below.
-------------------------------------------------------------------- Tonnes Cut-off m Au g/t Ag g/t Cu % Zn %--------------------------------------------------------------------Indicated--------------------------------------------------------------------Oxides 0.5g/t Au 4.99 6.51 30.00 0.10 0.08--------------------------------------------------------------------Supergene Cu 0.5% Cu 7.65 0.46 35.56 3.47 0.87--------------------------------------------------------------------Primary 2.0% Zn 1.71 0.74 29.59 0.97 3.07--------------------------------------------------------------------Primary Zn 2.0% Zn 8.41 0.76 58.27 1.12 9.04--------------------------------------------------------------------Total tonnes 22.76----------------------------------------------------------------------------------------------------------------------------------------Inferred--------------------------------------------------------------------Oxides 0.5g/t Au 0.12 3.34 18.20 0.12 0.07--------------------------------------------------------------------Supergene Cu 0.5% Cu 0.19 0.09 30.14 3.26 1.04--------------------------------------------------------------------Primary 2.0% Zn 0.39 0.75 35.20 1.24 3.03--------------------------------------------------------------------Primary Zn 2.0% Zn 5.15 0.70 59.67 0.84 8.28--------------------------------------------------------------------Total tonnes 5.85--------------------------------------------------------------------
The estimated open pit mineable material derived from this resource and presented in the scoping study is as follows:
-------------------------------------------------------------------- Tonnes Au Ag CuOre m Au g/t Ag g/t Cu % Zn % recovery recovery recovery--------------------------------------------------------------------Oxide 4.1 7.6 35.8 0.1 0.1 87% 45%--------------------------------------------------------------------Supergene Cu 6.3 1.0 41.1 4.1 0.5 42% 64% 85%--------------------------------------------------------------------Primary 3.1 0.7 36.2 1.4 1.8 Concentrate recoveries are:----------------------------------------- 83% copper and 85% zincPrimary Zn 7.0 0.8 59.2 1.2 9.4--------------------------------------------------------------------Total tonnes 20.5--------------
The scoping study used a rate of production for the Bisha project of 2 million tonnes of ore per annum providing for a 10 year open pit mine life. A further study will be required to evaluate the further underground potential of the Bisha Main deposit to take production beyond 10 years. The primary sulphide ore widths at the base of the open pit are typically greater than 50m in width and could provide significant potential for a long life underground operation.
Preproduction capital has been estimated at US$156 million (including a 20% contingency factor) for a mining fleet, a gold leach plant, tailings, water storage and water diversion dams, equipment maintenance facilities, an administration building and an operations camp and owner`s costs during construction.
The scoping study effectively presents three mines in one to reflect the three distinct ore types of the Bisha Main deposit. The first two years of operation is as a gold mine processing the high grade oxide ores. The next three years of operation is as a copper mine processing the supergene copper ores that underlie the oxide ore zone. From year six onwards primary sulphide ores that lie immediately below the supergene ores are processed to generate separate copper and zinc concentrates.
In the first two years of operation as a gold mine the process plant is fed exclusively with oxide ore in a traditional SAG mill/ball mill configuration using leach and CIP for gold and silver recovery. During these first two years a flotation plant to process the supergene copper ores will be installed and a copper concentrate shipping facility will be completed at the Port of Massawa for a combined estimated cost of US$38 million. These additions will allow the same crusher and mills initially installed for the oxide ore processing to convert to sulphide ore processing. At no time will mixed oxide and sulphide ores be processed.
In year five, a zinc flotation plant and an expansion of the storage facilities at the port will be completed for an estimated cost of a further US$20 million. This will permit the continued long life operation of the Bisha plant and infrastructure processing primary sulphide ores to produce separate copper and zinc concentrates through sequential flotation for shipping and delivery to the international smelting market. During year six supergene sulphide ores and primary ores will be campaigned separately through the process plant as the open pit develops to depth into the primary sulphide ore zones.
The open pit has an estimated pit depth of 220m which will be mined in stages as a series of pit shells. The mining strip ratio (waste to ore) is approximately 2:1 for the first two years (oxide ores), is approximately 4:1 for the next three years (copper supergene ores) and approximately 5:1 for the following five years (predominantly primary sulphide ores).
Full details on the final infill drill results for the completed Bisha Main deposit drill program were published in a news release on July 11, 2005. The completion of this drill program permitted the start of a new evaluation of the Bisha Main resource as an integral part of the development of a final mining program and reserve estimation for the ongoing Bisha feasibility study. This new resource estimate is expected to be published in January 2006.
Bill Nielsen, Vice-President of Exploration for Nevsun, a qualified person under National Instrument 43-101, supervised and directed all work associated with the drilling program for the Bisha Project.
Nevsun Resources will host a Conference Call to discuss the Scoping Study for the Bisha Project in Eritrea on Monday, December 12th at 11 a.m. Eastern time, 8 a.m. Pacific time.
The Conference Call Dial-In Numbers are:
1) North America 1-877-691-0878
2) International 1-973-582-2773
Confirmation Number: 6788592, or state "Nevsun Resources - Bisha Scoping Study Update"
Webcast access for registration is http://viavid.net/dce.aspx?sid=00002BD5. This information is posted on the Nevsun website, www.nevsun.com/events.html.
Forward-Looking Statements: The above contains forward-looking statements that are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward-looking statements. Factors that could cause such differences include: changes in world commodity markets, equity markets, costs and supply of materials relevant to the mining industry, change in government and changes to regulations affecting the mining industry. Although we believe the expectations reflected in our forward looking statements are reasonable, results may vary, and we cannot guarantee future results, levels of activity, performance or achievements. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible" and similar expressions, or statements that events, conditions or results "will", "may", "could" or "should" occur or be achieved.
NEVSUN RESOURCES LTD.
Die Meldung vom 20.Nov.hat was!!!!
In Eritrea ist schon eine Miningstudie von Bakon Hill in Auftrag gegeben,da man zügig voran kommen will,um von den hohen Rohstffpreisen zu profitieren .
In Eritrea ist schon eine Miningstudie von Bakon Hill in Auftrag gegeben,da man zügig voran kommen will,um von den hohen Rohstffpreisen zu profitieren .
#82
Ist da wirklich gemeint, in DDH21 wären 313m mit 1.17g/t Au angebohrt worden?
Ist da wirklich gemeint, in DDH21 wären 313m mit 1.17g/t Au angebohrt worden?
spektakuläre Bohrergebnisse
ASX Companies Announcements
Wednesday 07th December2005
Exceptional Results Continue at Zara
ZARD003, the third of 4 diamond drill holes at the Koka prospect (Zara Gold Project) in Eritrea, has returned further, multiple high grade gold intercepts (Table 1) to add to those achieved in ZARD002, with a best intercepts of:
• 4 metres @ 34.7g/t gold
• 5 metres @ 13.95g/t gold
• 8 metres @ 6.62 g/t gold &
• 8 metres @ 11.49 g/t gold
Koka Prospect
Hole ZARD003 was drilled to a depth of 163.9 metres approximately 160 metres to the south of ZARD002 and 300m to the south of ZARD001. The hole intersected a similar zone of hydrothermal alteration characterised by carbonate/sericite/chlorite alteration, silicification and sulphidisation, as that intersected in ZARD002. In addition, anomalous values for copper, lead and zinc are associated with the high grade gold intercepts could indicate a possible volcanogenic massive sulphide (VMS) origin to the mineralisation.
Drilling of hole ZARD004, located approximately 140m south of ZARD003 has commenced with assay results not expected until early in the New Year.
Table 1: Significant gold intercepts in ZARD003
Hole
North
(UTM)
East
(UTM)
Azimuth
(°)
Dip
(°)
From
(m)
To
(m)
Intercept
(m)
Au
(g/t)
Cu
(%)
Pb
(%)
Zn
(%)
ZARD003
1,824,243
390,309
275
-60
75
79
4
34.74
.
0.76
1.04
.
.
.
.
.
89
94
5
9.30
.
0.98
.
.
.
.
.
.
99
104
5
13.95
0.13
0.13
1.53
.
.
.
.
.
109
117
8
6.62
.
.
.
.
.
.
.
.
121
129
8
11.49
.
.
0.17
.
.
.
.
.
131
132
1
30.09
.
.
.
Note: The drill-hole identifier now contains an `R` to help identify the prospect, the `D` identifies the hole as a Diamond drill-hole and the `003` identifies the hole number.
The metres quoted are down-hole metres and the Au/Cu/Pb/Zn grades are uncut.
Konate Prospect
Over the next week, drilling is expected to commence at Konate, situated approximately 4km along strike from Koka (Figure 1). Konate is the second drill target in a series of identified targets with artisanal workings extending over 300 metres and returning rock chip sample results up to 950g/t gold. Results from this drilling are not expected until early 2006.
Results from 3 rock chip samples from a new area midway between Koka and Konate returned one sample of 11.38 g/t gold and geological mapping to better define this area will commence in the New Year.
ASX Companies Announcements
Wednesday 07th December2005
Exceptional Results Continue at Zara
ZARD003, the third of 4 diamond drill holes at the Koka prospect (Zara Gold Project) in Eritrea, has returned further, multiple high grade gold intercepts (Table 1) to add to those achieved in ZARD002, with a best intercepts of:
• 4 metres @ 34.7g/t gold
• 5 metres @ 13.95g/t gold
• 8 metres @ 6.62 g/t gold &
• 8 metres @ 11.49 g/t gold
Koka Prospect
Hole ZARD003 was drilled to a depth of 163.9 metres approximately 160 metres to the south of ZARD002 and 300m to the south of ZARD001. The hole intersected a similar zone of hydrothermal alteration characterised by carbonate/sericite/chlorite alteration, silicification and sulphidisation, as that intersected in ZARD002. In addition, anomalous values for copper, lead and zinc are associated with the high grade gold intercepts could indicate a possible volcanogenic massive sulphide (VMS) origin to the mineralisation.
Drilling of hole ZARD004, located approximately 140m south of ZARD003 has commenced with assay results not expected until early in the New Year.
Table 1: Significant gold intercepts in ZARD003
Hole
North
(UTM)
East
(UTM)
Azimuth
(°)
Dip
(°)
From
(m)
To
(m)
Intercept
(m)
Au
(g/t)
Cu
(%)
Pb
(%)
Zn
(%)
ZARD003
1,824,243
390,309
275
-60
75
79
4
34.74
.
0.76
1.04
.
.
.
.
.
89
94
5
9.30
.
0.98
.
.
.
.
.
.
99
104
5
13.95
0.13
0.13
1.53
.
.
.
.
.
109
117
8
6.62
.
.
.
.
.
.
.
.
121
129
8
11.49
.
.
0.17
.
.
.
.
.
131
132
1
30.09
.
.
.
Note: The drill-hole identifier now contains an `R` to help identify the prospect, the `D` identifies the hole as a Diamond drill-hole and the `003` identifies the hole number.
The metres quoted are down-hole metres and the Au/Cu/Pb/Zn grades are uncut.
Konate Prospect
Over the next week, drilling is expected to commence at Konate, situated approximately 4km along strike from Koka (Figure 1). Konate is the second drill target in a series of identified targets with artisanal workings extending over 300 metres and returning rock chip sample results up to 950g/t gold. Results from this drilling are not expected until early 2006.
Results from 3 rock chip samples from a new area midway between Koka and Konate returned one sample of 11.38 g/t gold and geological mapping to better define this area will commence in the New Year.
Excellent Intercepts at Zara Project
Zara Gold Project
ZAD002, the second of four diamond drill holes at the Koka prospect within Sub-Sahara Resources’ Zara Gold Project in Eritrea, has returned exceptional multiple interval results.
The most significant result was a 14m intersection grading 7.81 grams per tonne (g/t) gold from 173m within a broader 33m intersection grading 4.17 g/t gold.
Hole ZAD002 was drilled approximately 140m to the south of ZAD001 to a depth of 207m and has intersected a much broader zone of hydrothermal alteration characterised by carbonate/sericite/chlorite alteration, silicification and sulphidisation. The high grade gold mineralisation is quartz vein related with lower grade mineralisation evident in the felsic volcanic/volcanoclastic host rocks.
“The mineralisation appears to be striking north-south, with a steep dip to the east and a southerly plunge,” Michael Griffiths, Sub-Sahara’s CEO, said. “This plunge may account for the limited high grade intersection in previously reported hole ZAD001, of 5m grading 5.9g/t gold, as the intersection went underneath the main mineralised zone.”
Hole ZAD003 located approximately 160m south of ZAD002, has been completed and this hole intersected a similar zone of hydrothermal alteration as was intersected in hole ZAD002. Assay results for ZAD003 are expected by the end of November.
"This is an outstanding result that vindicates our persistent efforts to drill this project over a number of years,” Mr Griffiths said. “Our drilling of the Koka artisanal workings, the first of several identified targets, has confirmed a potentially significant goldfield in Eritrea. We recognise that more than two drill holes are needed to define an orebody, but the results to date from Koka are an extremely encouraging start.”
Other significant gold intercepts from ZAD002 include 2m at 5.60 g/t gold, 1m at 11.06 g/t gold, 1m at 7.43 g/t gold, 5m at 4.94 g/t gold and 6m at 2.40 g/t gold.
Zara Gold Project
ZAD002, the second of four diamond drill holes at the Koka prospect within Sub-Sahara Resources’ Zara Gold Project in Eritrea, has returned exceptional multiple interval results.
The most significant result was a 14m intersection grading 7.81 grams per tonne (g/t) gold from 173m within a broader 33m intersection grading 4.17 g/t gold.
Hole ZAD002 was drilled approximately 140m to the south of ZAD001 to a depth of 207m and has intersected a much broader zone of hydrothermal alteration characterised by carbonate/sericite/chlorite alteration, silicification and sulphidisation. The high grade gold mineralisation is quartz vein related with lower grade mineralisation evident in the felsic volcanic/volcanoclastic host rocks.
“The mineralisation appears to be striking north-south, with a steep dip to the east and a southerly plunge,” Michael Griffiths, Sub-Sahara’s CEO, said. “This plunge may account for the limited high grade intersection in previously reported hole ZAD001, of 5m grading 5.9g/t gold, as the intersection went underneath the main mineralised zone.”
Hole ZAD003 located approximately 160m south of ZAD002, has been completed and this hole intersected a similar zone of hydrothermal alteration as was intersected in hole ZAD002. Assay results for ZAD003 are expected by the end of November.
"This is an outstanding result that vindicates our persistent efforts to drill this project over a number of years,” Mr Griffiths said. “Our drilling of the Koka artisanal workings, the first of several identified targets, has confirmed a potentially significant goldfield in Eritrea. We recognise that more than two drill holes are needed to define an orebody, but the results to date from Koka are an extremely encouraging start.”
Other significant gold intercepts from ZAD002 include 2m at 5.60 g/t gold, 1m at 11.06 g/t gold, 1m at 7.43 g/t gold, 5m at 4.94 g/t gold and 6m at 2.40 g/t gold.
Fast 500.000 Stücke sind heute in Deutschland über den Tisch gegangen. Das Volumen scheint also auch hier anzusteigen. Dann kann der Kurs ja jetzt nachlegen...
Man verkennt die Möglichkeiten bei Subsi noch immer!!
http://www.nevsun.com/news/nsu05-33.html
was neues vom Nachbarn
was neues vom Nachbarn
Currie Rose findet mehr Ziele bei Mwamazengo 2005-12-13 11:39 UND - Nachrichten Freigabe Reports Herrn Harold Smith CURRIE ROSE BETRIEBSMITTEL INC.. (CUI-TSXV) AKTUALISIERT SEINE TANZANIAN GOLDERFORSCHUNG-PROJEKTE IM SEE-VICTORIA GOLDLAGER Currie Rose Resources Inc. hat ein Update auf seinen Tanzanian Golderforschungprojekten zur Verfügung gestellt. Mabale Hügelprojekt Wenn die neueste Bohrungkampagne die Mwamazengo Entdeckung erfolgreich definierend und erweitert ist (sehen Sie Stockwatch an Sept. 7, 2005), ist ein ausführliches magnetisches Geophysikgrundprogramm in Bewegung und bis jetzt hat andere hochwertige Ziele gekennzeichnet. Die gesamte Mwamazengo Entdeckung fällt innerhalb eines Magneten niedrig und ein paralleles magnetisches Tief ist östlich der Mwamazengo Entdeckung gekennzeichnet worden. Dieser Bereich stimmt mit einer Anzahl von artisanal Gruben überein und wird weiter während der folgenden Phase der Tätigkeit nachgeforscht werden. Die Mwamazengo Entdeckung stellt nur ein kleines Teil der Mabale Hügel projizieren Anspruch und fördern das Diagramm der Eigenschaft ist durchgeführt worden vorteilhafte Geologie kennzeichnend dar. Zusätzlich hat die beschleunigte Arbeit, die auf dem Projekt Nyanzaga Joint Venture Partner Vor--Sub-Saharas getan wird (mit Barrick) aufgestellt auf der gleichen northwesterly regionalen Struktur sowie den umfangreichen Kolonialbergbau, der während des Diagramms gekennzeichnet wird, die Firma angeregt, eine zerstreute magnetische 100-metre-spaced (Helimag) und radiometrische Übersicht des Mabale Hügel-Anspruch Blockes (261 Kilometer) zu beauftragen. Diese Übersicht ist schiefergedeckt gewesen, im Januar, 2006 anzufangen. Sobald durchgeführt, hat Currie Rose komplette Daten kompiliert, um neue, Ziele, zusammen mit der weiteren Bohrung auf die ursprüngliche Entdeckung zu bohren anzufangen. Die qualifizierte Person für die Freigabe dieser Erforschunginformationen ist Michael Griffiths, AusIMM, Direktor von Currie Rose Resources Inc. und Hauptgeschäftsführer officer/director der Vor-Sub-Sahara Betriebsmittel NL.
guten morgen zusammen,
heute wieder schön gestiegen.
aktuell 0,067 cent.
habe keine meldung gefunden.
aber so ganzs weiter gehen.
servus
tölzer
heute wieder schön gestiegen.
aktuell 0,067 cent.
habe keine meldung gefunden.
aber so ganzs weiter gehen.
servus
tölzer
das Teil ist der Hammer ich bin mal gespannt wann die Deutschen wach werden
[posting]19.432.158 von boc am 28.12.05 15:38:43[/posting]siehe #91
[posting]19.425.659 von tölzer am 28.12.05 06:20:54[/posting]Hi Tölzer
schönes neues Jahr und allen investierten
Sie haben ja geschrieben,das es 2006 in Eritrea mäctig voran gehen soll,damit sie von den hohen Rohsoffpreisen profitieren können.
schönes neues Jahr und allen investierten
Sie haben ja geschrieben,das es 2006 in Eritrea mäctig voran gehen soll,damit sie von den hohen Rohsoffpreisen profitieren können.
Hab bei Yahoo und comdirect vorbörslich in Aussieland 0,08 AUD im Bid (Geld) stehen.
Ist zwar oft nicht zuverlässig, aber heut könnt was gehen.
Ist zwar oft nicht zuverlässig, aber heut könnt was gehen.
goldreport:
RoccaNettuno : Ich habe derzeit eine lange Liste von sehr aussichtsreichen Explorern im Gold-, Silber- und Uransektor.
goldreport:
Hier einige Empfehlungen ohne Gewähr :
goldreport:
GOLDSEKTOR : ROYAL STANDARD, VEDRON GOLD, SUB-SAHARA und DYNASTY GOLD
schau an
Oliver Frank
Oliver Frank, seines Zeichens Experte
RoccaNettuno : Ich habe derzeit eine lange Liste von sehr aussichtsreichen Explorern im Gold-, Silber- und Uransektor.
goldreport:
Hier einige Empfehlungen ohne Gewähr :
goldreport:
GOLDSEKTOR : ROYAL STANDARD, VEDRON GOLD, SUB-SAHARA und DYNASTY GOLD
schau an
Oliver Frank
Oliver Frank, seines Zeichens Experte
100
gutes neues Jahr allen investierten auf das wir erst einmal 0,50 Euro sehen
GOOD NEWS!!
aber wie lang vom handel ausgesetzt?
wie lang kann sowas dauern?
ASX Companies Announcements
Monday 16th January 2006
Eritrean Asmara Joint Venture
Receipt of Notice of Exercise of Option pursuant to the option agreement between Sub-Sahara Resources NL and Sunridge Gold Corp, dated 30 June 2004 ( the " Option Agreement")
Sub-Sahara Resources NL ( SBS) advises that it has received notice from Sunridge Gold Corp. (SGC) that it is exercising its option to purchase SBS`s 48% interest in Sub Sahara Resources ( Eritrea) Ltd, the company that holds the Asmara Joint Venture project licences in Eritrea. SGC has earned a 40% interest in the project and is currently funding exploration through to completion of a feasibility study to earn an additional 30% interest in the project. Africa Wide Resources Limited (AWR ), holds the remaining 12% interest in the joint venture and has also received notification from SGC of its intention to exercise the option agreement that it has with SGC for its interest in the Asmara JV.
The exercise purchase price of the interest is to be the Fair Market Value (FMV) negotiated and agreed by the parties. The FMV is to be satisfied by the issue to SBS of shares in SGC.
In the event that the parties agree on a FMV, then SBS will be required to gain the approval of shareholders in General Meeting to a proposed disposal in accordance with ASX Listing Rules. Any transfer of interest arising from the option exercise will be subject to the consent of the Eritrean Minister of Mines.
The terms and conditions of the option agreement governing the conduct of negotiations and FMV in summary are:
a) the FMV of the tenements shall be a negotiated and agreed value between SGC and SBS to be concluded within 10 business days of the exercise of the purchase option.
b) In the event that the parties cannot agree on the FMV as above, then the parties shall within 20 business days of the notice of purchase, commission an Independent Expert experienced in such matters to determine the FMV of the Tenements and to provide a Valuation Report prepared in accordance with the VALMIN Code within 30 days of receipt of the commission or, within such other period as the parties may agree, that must be accepted by both parties.
c) If the parties cannot agree on the person to be appointed as the Independent Expert within 20 days, the parties (or one of them) must forthwith request the President of the Australasian Institute of Mining and Metallurgy to nominate an Independent Expert who shall determine the FMV and generate a Valuation Report of the FMV in accordance with the VALMIN code that must be accepted.
The number of SGC shares that may be issued under the option agreement will be based on the 20 previous days weighted average trading price of the shares of SGC on the Toronto Stock Exchange (TSX) calculated back from the day the notice of Purchase was given. The notice was given on 13 January 2006 and the average weighted share price based on the above formula is C$1.835 per share.
SGC is a TSX listed company and is in essence a single project company with its predominant focus on the Eritrean Asmara Joint Venture in which its has earned a 40% interest. It has a market capitalisation of C$63,652,487(as at 13 January 2006). It has 28,416,289 shares on issue and its shares last traded at a price of C$2.24 on 13 January 2006 on a volume of 430,194 shares for the day. Mr Michael Griffiths the CEO of SBS was appointed to the board of SGC in 2004 and pursuant to the Option Agreement an additional director may be appointed to the board of SGC by SBS/AWR when the transaction has been settled.
At this stage the Directors of SBS are unable to make any further comments until they have met with the directors of SGC and concluded the negotiations pursuant to the terms of the Option Agreement. Once a FMV is determined, then SBS will provide full details to shareholders and convene a general meeting of shareholders to enable them to consider and vote on the transaction.
For and on behalf of
Sub-Sahara Resources NL
Peter Munachen
Director - Corporate and Finance
16th January, 2006
aber wie lang vom handel ausgesetzt?
wie lang kann sowas dauern?
ASX Companies Announcements
Monday 16th January 2006
Eritrean Asmara Joint Venture
Receipt of Notice of Exercise of Option pursuant to the option agreement between Sub-Sahara Resources NL and Sunridge Gold Corp, dated 30 June 2004 ( the " Option Agreement")
Sub-Sahara Resources NL ( SBS) advises that it has received notice from Sunridge Gold Corp. (SGC) that it is exercising its option to purchase SBS`s 48% interest in Sub Sahara Resources ( Eritrea) Ltd, the company that holds the Asmara Joint Venture project licences in Eritrea. SGC has earned a 40% interest in the project and is currently funding exploration through to completion of a feasibility study to earn an additional 30% interest in the project. Africa Wide Resources Limited (AWR ), holds the remaining 12% interest in the joint venture and has also received notification from SGC of its intention to exercise the option agreement that it has with SGC for its interest in the Asmara JV.
The exercise purchase price of the interest is to be the Fair Market Value (FMV) negotiated and agreed by the parties. The FMV is to be satisfied by the issue to SBS of shares in SGC.
In the event that the parties agree on a FMV, then SBS will be required to gain the approval of shareholders in General Meeting to a proposed disposal in accordance with ASX Listing Rules. Any transfer of interest arising from the option exercise will be subject to the consent of the Eritrean Minister of Mines.
The terms and conditions of the option agreement governing the conduct of negotiations and FMV in summary are:
a) the FMV of the tenements shall be a negotiated and agreed value between SGC and SBS to be concluded within 10 business days of the exercise of the purchase option.
b) In the event that the parties cannot agree on the FMV as above, then the parties shall within 20 business days of the notice of purchase, commission an Independent Expert experienced in such matters to determine the FMV of the Tenements and to provide a Valuation Report prepared in accordance with the VALMIN Code within 30 days of receipt of the commission or, within such other period as the parties may agree, that must be accepted by both parties.
c) If the parties cannot agree on the person to be appointed as the Independent Expert within 20 days, the parties (or one of them) must forthwith request the President of the Australasian Institute of Mining and Metallurgy to nominate an Independent Expert who shall determine the FMV and generate a Valuation Report of the FMV in accordance with the VALMIN code that must be accepted.
The number of SGC shares that may be issued under the option agreement will be based on the 20 previous days weighted average trading price of the shares of SGC on the Toronto Stock Exchange (TSX) calculated back from the day the notice of Purchase was given. The notice was given on 13 January 2006 and the average weighted share price based on the above formula is C$1.835 per share.
SGC is a TSX listed company and is in essence a single project company with its predominant focus on the Eritrean Asmara Joint Venture in which its has earned a 40% interest. It has a market capitalisation of C$63,652,487(as at 13 January 2006). It has 28,416,289 shares on issue and its shares last traded at a price of C$2.24 on 13 January 2006 on a volume of 430,194 shares for the day. Mr Michael Griffiths the CEO of SBS was appointed to the board of SGC in 2004 and pursuant to the Option Agreement an additional director may be appointed to the board of SGC by SBS/AWR when the transaction has been settled.
At this stage the Directors of SBS are unable to make any further comments until they have met with the directors of SGC and concluded the negotiations pursuant to the terms of the Option Agreement. Once a FMV is determined, then SBS will provide full details to shareholders and convene a general meeting of shareholders to enable them to consider and vote on the transaction.
For and on behalf of
Sub-Sahara Resources NL
Peter Munachen
Director - Corporate and Finance
16th January, 2006
da haben wohl einige ihren gewinn mitgenommen, aber es geht stetig bergauf!!!
KZ vorerst 0,20
Der kurs hält sich ziemlich...
Ich denke das ist ein sehr gutes zeichen
Ich denke das ist ein sehr gutes zeichen
soeben eingetroffen
spektakuläääääääääääärr
http://www.subsahara.com.au/reports/announce/2006/ASX-Asmara…
spektakuläääääääääääärr
http://www.subsahara.com.au/reports/announce/2006/ASX-Asmara…
Antwort auf Beitrag Nr.: 17.135.228 von tölzer am 05.07.05 10:09:52Wieder super Bohrergebnisse in Eritrea und beginn der Scopingstudie!!
Antwort auf Beitrag Nr.: 16.041.043 von hainholz am 09.03.05 12:18:05aus einem Aussiboard
Subject multi million ounce potential. Stock Code SBS - SUB-SAHARA RESOURCES NL
Posted 26/05/06 14:08 - 58 reads
Posted by mmartin
IP 144.137.xxx.xxx
Post #1081168 - in reply to msg. #1076774 - splitview
At yesterdays Goldman sachs Conference in New York, Jamie Sokalsky Executive Barrick Gold Corporations VP & Chief Financial Officer described Nyanzaga Tanzania as a Significant Exploration Discovery with Multi Million ounce Potential.
Barrick to earn 70% of SBS interest by completing BFS .
In a recent interviews with MiningNews.net SBS MD Michael Griffith stated that Barrick Gold are set to hand down a resource for the "potentially" large Nyanzaga gold joint venture in Tanzania.
In addition to the Barrick JV , The SRK Valmin Report on fair market value of the Asmara Project is expected during
the June quarter. If agreement between all parties is reached, Sunridge may purchase the
Sub-Sahara (48%) interests in the Asmara JV for common shares of Sunridge.
Subject multi million ounce potential. Stock Code SBS - SUB-SAHARA RESOURCES NL
Posted 26/05/06 14:08 - 58 reads
Posted by mmartin
IP 144.137.xxx.xxx
Post #1081168 - in reply to msg. #1076774 - splitview
At yesterdays Goldman sachs Conference in New York, Jamie Sokalsky Executive Barrick Gold Corporations VP & Chief Financial Officer described Nyanzaga Tanzania as a Significant Exploration Discovery with Multi Million ounce Potential.
Barrick to earn 70% of SBS interest by completing BFS .
In a recent interviews with MiningNews.net SBS MD Michael Griffith stated that Barrick Gold are set to hand down a resource for the "potentially" large Nyanzaga gold joint venture in Tanzania.
In addition to the Barrick JV , The SRK Valmin Report on fair market value of the Asmara Project is expected during
the June quarter. If agreement between all parties is reached, Sunridge may purchase the
Sub-Sahara (48%) interests in the Asmara JV for common shares of Sunridge.
wieder beste Resltate
Sunridge Gold Corp.: Drill Results from Adi Nefas, Asmara Project, Eritrea
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - July 19, 2006) - Sunridge Gold Corp. (TSX VENTURE:SGC) reports assay results from an additional 20 diamond drill holes, NG-063D to NG-082-D, from the Adi Nefas high-grade zinc-copper-gold volcanogenic massive sulphide (VMS) deposit, part of the Asmara Project Eritrea. These results are from the ongoing in-fill drill program and confirm continuity of the mineralized zone in the near surface gold and underlying copper enriched zones as well as the deeper high-grade zinc mineralization to a vertical depth of 300 metres.
HIGHLIGHTS:
- NG-067-D - 6.18 metres of 7.73% zinc, 1.03% copper & 2.91 g/t gold
- NG-069-D - 3.13 metres of 19.77% zinc, 2.06% copper & 3.39 g/t gold
- NG-070-D - 11.28 metres of 10.61% zinc, 1.17% copper and 1.57 g/t gold
- NG-071-D - 4.35 metres at 11.80% zinc and 1.08% copper
- NG-076-D - 22.50 metres of 1.77% copper and 2.89 g/t gold
The Adi Nefas mineralized structure has now been drilled over a strike length of 400 metres, to a vertical depth from surface of approximately 300 metres. The width of the structure varies from about 3 to 12 metres but true width averages between 7 and 8 metres. Further areas of mineralization remain to be drill tested along strike and down dip. The 2005-2006 drill program confirms that three distinct zones of mineralization exist at Adi Nefas; a near-surface gold oxide zone underlain by a copper supergene zone and in turn underlain by a high-grade primary zinc-rich zone. The attached map (scroll down to the end of the news release to view a drill plan map and cross section) shows the location of all drill holes to date and the cross-section shows the relationship between some of these holes and the layered nature of the Adi Nefas VMS deposit.
ASSAY RESULTS FROM ZINC-RICH PRIMARY ZONE:
---------------------------------------------------------------------Diamond Gold Silver Copper ZincDrill From To Length (Au) (Ag) (Cu) (Zn)hole # metres metres metres g/t g/t % % Zone---------------------------------------------------------------------NG-065-D 294.50 299.00 4.50 0.06 5.13 0.07 1.90 P---------------------------------------------------------------------NG-066-D 273.75 283.20 9.45 0.64 31.03 0.17 3.25 P---------------------------------------------------------------------NG-067-D 244.40 250.58 6.18 2.91 70.70 1.03 7.73 P---------------------------------------------------------------------NG-069-D 201.30 213.50 12.20 1.00 36.76 0.62 5.91 PIncl. 207.15 210.28 3.13 3.39 118.31 2.06 19.77 P---------------------------------------------------------------------NG-070-D 230.12 241.40 11.28 1.57 58.58 1.17 10.61 PIncl. 230.12 233.69 3.57 3.96 161.23 3.51 29.76 P---------------------------------------------------------------------NG-071-D 229.70 240.30 10.60 0.34 46.37 0.52 5.52 PIncl. 234.45 238.80 4.35 0.59 91.90 1.08 11.80 P---------------------------------------------------------------------NG-082 112.20 120.00 7.80 0.99 55.91 0.41 5.80 P---------------------------------------------------------------------
Drill holes NG-063-D, NG-064-D and NG-068-D did not intersect any significant mineralization.
Note: The current market value of zinc is approximately US$1.50 per pound and copper US$3.50 per pound. A metric tonne is 1,000 kilograms and there are approximately 2.205 pounds in each kilogram. To illustrate the potential value of the mineralization at Adi Nefas; in the primary zone of mineralization values per metric tonne are frequently between 5 to 10% zinc and 1 to 2% copper. Taking the example of 5% zinc and 1% copper this means that a metric tonne of mineralized rock would contain 50 kilograms (or 110.25 pounds) of zinc and 10 kilograms (or 22.05 pounds) of copper.
ASSAY RESULTS FROM NEAR SURFACE GOLD OXIDE ZONE & COPPER SUPERGENE ZONE
---------------------------------------------------------------------Diamond Gold Silver Copper ZincDrill From To Length (Au) (Ag) (Cu) (Zn)hole # metres metres metres g/t g/t % % Zone---------------------------------------------------------------------NG-073-D 35.50 42.55 7.05 4.15 103.13 3.36 2.09 O/S---------------------------------------------------------------------NG-074-D 34.00 35.50 1.50 6.80 857.00 0.02 0.02 O---------------------------------------------------------------------NG-076-D 43.50 66.00 22.50 2.90 96.83 1.78 0.80 O/S---------------------------------------------------------------------NG-077-D 31.50 47.50 16.00 0.92 40.25 0.07 0.03 O---------------------------------------------------------------------NG-078-D 38.50 50.00 11.50 2.46 42.24 1.10 0.74 O---------------------------------------------------------------------NG-079-D 34.00 67.00 33.00 0.82 9.42 0.16 0.87 O---------------------------------------------------------------------NG-080-D 55.00 59.50 4.50 0.01 5.00 0.14 2.43 O---------------------------------------------------------------------NG-081-D 19.00 26.00 7.00 7.30 29.43 0.03 0.02 O---------------------------------------------------------------------
Drill hole NG-072-D was drilled to test an off-hole pulse EM anomaly and returned no significant results. NG-075-D and NG-078-D did not intersect any significant mineralization.
Scoping study update:
The in-fill drill program is continuing at both Adi Nefas and Debarwa in order to provide closely spaced drill data for the scoping studies. These studies commenced in mid-March and are scheduled for completion by late October 2006. The purpose of these scoping studies is to provide management of Sunridge Gold with sufficient technical information to make a preliminary economic assessment in order to make a decision to complete full feasibility studies. During a recent trip (late June 2006) to Eritrea, President and CEO Michael Hopley was accompanied by a team of engineers where they evaluated possible sites at Debarwa and Adi Nefas for ore treatment facilities, tailings dams, waste dumps as well the availability of water and electrical power supplies. The trip included a very positive meeting with the Department of Mines to discuss completion of the scoping studies and fast tracking all work to final feasibility and production.
Notes:
1. Drill intercept lengths only are reported in the tabulations; it is estimated that true width will be approximately 80% of the reported drill intercept length.
2. Zones of mineralization in the tabulations are as follows: O equals Oxide, S equals Supergene, P equals Primary zones of mineralization
3. A Quality Assurance/Quality Control program is part of the drilling program on the Asmara Project. This program includes chain of custody protocol as well as systematic submittals of standards, duplicates and blank samples into the flow of samples produced by the drilling.
4. A description of the geology, sampling procedures, and the Company's laboratory Quality Assurance/Quality Control procedures are as described in the Company's National Instrument 43-101 Technical Report filed on February 17, 2004 and amended by the Amended Technical Report filed dated April 27, 2004. This report is available at www.sedar.com.
5. Samples are prepared at African Horn Testing Services (Eritrea) and analyzed at Genalysis Laboratories (a NATA registered laboratory) in Perth Western Australia.
6. The Qualified Person for the release of this exploration information is Michael Hopley, President and Chief Executive Officer of Sunridge Gold Corp.
Sunridge Gold Corp. is a mineral exploration company focused on the acquisition, exploration, discovery and development of precious and base metal projects. The Company is currently conducting exploration on the Asmara Joint Venture Project in Eritrea. The Company has 33.3 million shares outstanding and trades on the TSX Venture Exchange under the symbol SGC. For additional information on the Company and its projects please view the slide show on our website at www.sunridgegold.com or call Don Halliday at the number listed below.
SUNRIDGE GOLD CORP.
Michael Hopley, President and Chief Executive Officer
Sunridge Gold Corp.: Drill Results from Adi Nefas, Asmara Project, Eritrea
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - July 19, 2006) - Sunridge Gold Corp. (TSX VENTURE:SGC) reports assay results from an additional 20 diamond drill holes, NG-063D to NG-082-D, from the Adi Nefas high-grade zinc-copper-gold volcanogenic massive sulphide (VMS) deposit, part of the Asmara Project Eritrea. These results are from the ongoing in-fill drill program and confirm continuity of the mineralized zone in the near surface gold and underlying copper enriched zones as well as the deeper high-grade zinc mineralization to a vertical depth of 300 metres.
HIGHLIGHTS:
- NG-067-D - 6.18 metres of 7.73% zinc, 1.03% copper & 2.91 g/t gold
- NG-069-D - 3.13 metres of 19.77% zinc, 2.06% copper & 3.39 g/t gold
- NG-070-D - 11.28 metres of 10.61% zinc, 1.17% copper and 1.57 g/t gold
- NG-071-D - 4.35 metres at 11.80% zinc and 1.08% copper
- NG-076-D - 22.50 metres of 1.77% copper and 2.89 g/t gold
The Adi Nefas mineralized structure has now been drilled over a strike length of 400 metres, to a vertical depth from surface of approximately 300 metres. The width of the structure varies from about 3 to 12 metres but true width averages between 7 and 8 metres. Further areas of mineralization remain to be drill tested along strike and down dip. The 2005-2006 drill program confirms that three distinct zones of mineralization exist at Adi Nefas; a near-surface gold oxide zone underlain by a copper supergene zone and in turn underlain by a high-grade primary zinc-rich zone. The attached map (scroll down to the end of the news release to view a drill plan map and cross section) shows the location of all drill holes to date and the cross-section shows the relationship between some of these holes and the layered nature of the Adi Nefas VMS deposit.
ASSAY RESULTS FROM ZINC-RICH PRIMARY ZONE:
---------------------------------------------------------------------Diamond Gold Silver Copper ZincDrill From To Length (Au) (Ag) (Cu) (Zn)hole # metres metres metres g/t g/t % % Zone---------------------------------------------------------------------NG-065-D 294.50 299.00 4.50 0.06 5.13 0.07 1.90 P---------------------------------------------------------------------NG-066-D 273.75 283.20 9.45 0.64 31.03 0.17 3.25 P---------------------------------------------------------------------NG-067-D 244.40 250.58 6.18 2.91 70.70 1.03 7.73 P---------------------------------------------------------------------NG-069-D 201.30 213.50 12.20 1.00 36.76 0.62 5.91 PIncl. 207.15 210.28 3.13 3.39 118.31 2.06 19.77 P---------------------------------------------------------------------NG-070-D 230.12 241.40 11.28 1.57 58.58 1.17 10.61 PIncl. 230.12 233.69 3.57 3.96 161.23 3.51 29.76 P---------------------------------------------------------------------NG-071-D 229.70 240.30 10.60 0.34 46.37 0.52 5.52 PIncl. 234.45 238.80 4.35 0.59 91.90 1.08 11.80 P---------------------------------------------------------------------NG-082 112.20 120.00 7.80 0.99 55.91 0.41 5.80 P---------------------------------------------------------------------
Drill holes NG-063-D, NG-064-D and NG-068-D did not intersect any significant mineralization.
Note: The current market value of zinc is approximately US$1.50 per pound and copper US$3.50 per pound. A metric tonne is 1,000 kilograms and there are approximately 2.205 pounds in each kilogram. To illustrate the potential value of the mineralization at Adi Nefas; in the primary zone of mineralization values per metric tonne are frequently between 5 to 10% zinc and 1 to 2% copper. Taking the example of 5% zinc and 1% copper this means that a metric tonne of mineralized rock would contain 50 kilograms (or 110.25 pounds) of zinc and 10 kilograms (or 22.05 pounds) of copper.
ASSAY RESULTS FROM NEAR SURFACE GOLD OXIDE ZONE & COPPER SUPERGENE ZONE
---------------------------------------------------------------------Diamond Gold Silver Copper ZincDrill From To Length (Au) (Ag) (Cu) (Zn)hole # metres metres metres g/t g/t % % Zone---------------------------------------------------------------------NG-073-D 35.50 42.55 7.05 4.15 103.13 3.36 2.09 O/S---------------------------------------------------------------------NG-074-D 34.00 35.50 1.50 6.80 857.00 0.02 0.02 O---------------------------------------------------------------------NG-076-D 43.50 66.00 22.50 2.90 96.83 1.78 0.80 O/S---------------------------------------------------------------------NG-077-D 31.50 47.50 16.00 0.92 40.25 0.07 0.03 O---------------------------------------------------------------------NG-078-D 38.50 50.00 11.50 2.46 42.24 1.10 0.74 O---------------------------------------------------------------------NG-079-D 34.00 67.00 33.00 0.82 9.42 0.16 0.87 O---------------------------------------------------------------------NG-080-D 55.00 59.50 4.50 0.01 5.00 0.14 2.43 O---------------------------------------------------------------------NG-081-D 19.00 26.00 7.00 7.30 29.43 0.03 0.02 O---------------------------------------------------------------------
Drill hole NG-072-D was drilled to test an off-hole pulse EM anomaly and returned no significant results. NG-075-D and NG-078-D did not intersect any significant mineralization.
Scoping study update:
The in-fill drill program is continuing at both Adi Nefas and Debarwa in order to provide closely spaced drill data for the scoping studies. These studies commenced in mid-March and are scheduled for completion by late October 2006. The purpose of these scoping studies is to provide management of Sunridge Gold with sufficient technical information to make a preliminary economic assessment in order to make a decision to complete full feasibility studies. During a recent trip (late June 2006) to Eritrea, President and CEO Michael Hopley was accompanied by a team of engineers where they evaluated possible sites at Debarwa and Adi Nefas for ore treatment facilities, tailings dams, waste dumps as well the availability of water and electrical power supplies. The trip included a very positive meeting with the Department of Mines to discuss completion of the scoping studies and fast tracking all work to final feasibility and production.
Notes:
1. Drill intercept lengths only are reported in the tabulations; it is estimated that true width will be approximately 80% of the reported drill intercept length.
2. Zones of mineralization in the tabulations are as follows: O equals Oxide, S equals Supergene, P equals Primary zones of mineralization
3. A Quality Assurance/Quality Control program is part of the drilling program on the Asmara Project. This program includes chain of custody protocol as well as systematic submittals of standards, duplicates and blank samples into the flow of samples produced by the drilling.
4. A description of the geology, sampling procedures, and the Company's laboratory Quality Assurance/Quality Control procedures are as described in the Company's National Instrument 43-101 Technical Report filed on February 17, 2004 and amended by the Amended Technical Report filed dated April 27, 2004. This report is available at www.sedar.com.
5. Samples are prepared at African Horn Testing Services (Eritrea) and analyzed at Genalysis Laboratories (a NATA registered laboratory) in Perth Western Australia.
6. The Qualified Person for the release of this exploration information is Michael Hopley, President and Chief Executive Officer of Sunridge Gold Corp.
Sunridge Gold Corp. is a mineral exploration company focused on the acquisition, exploration, discovery and development of precious and base metal projects. The Company is currently conducting exploration on the Asmara Joint Venture Project in Eritrea. The Company has 33.3 million shares outstanding and trades on the TSX Venture Exchange under the symbol SGC. For additional information on the Company and its projects please view the slide show on our website at www.sunridgegold.com or call Don Halliday at the number listed below.
SUNRIDGE GOLD CORP.
Michael Hopley, President and Chief Executive Officer
Antwort auf Beitrag Nr.: 22.757.396 von hainholz am 19.07.06 14:56:45kaufe ein U
Antwort auf Beitrag Nr.: 16.041.043 von hainholz am 09.03.05 12:18:05das macht der Nachbar
Nevsun adds to Bisha management
2006-08-02 12:19 ET - News Release
Dr. John Clarke reports
NEVSUN RESOURCES LTD.: BISHA MANAGEMENT TEAM
Nevsun Resources Ltd. is continuing to build its Bisha project management team with the appointment of Malcolm Lake as the company's manager of projects development, Peter Harris as the human resource manager for Eritrea, Dr. Yemane Zecharias as the environmental manager for Eritrea and Shaun Ball as the manager, mine planning. All four positions report directly to Nevsun's Eritrea general manager, Stan Rogers. Mr. Lake provides an interface in Vancouver with the project's engineers, and Mr. Harris, Dr. Zecharias and Mr. Ball are based in Eritrea.
The appointments are key positions for the orderly and efficient advancement of the Bisha project. Mr. Lake brings project management and mine development experience of over 30 years including appointments with Canico, Ivanhoe Mines and Kilborn Engineering. Mr. Harris has set up and/or managed human resource departments at Placer Dome and BHP in both North America and overseas. Dr. Zecharias has had a distinguished academic career in the United States and most recently has been a member of the National Water Supply and Sanitation Commission and a technical adviser to the minister of land, water and environment in Eritrea. Mr. Ball brings his experience in mining operations management and mining design with his worldwide experience which includes Oxus Gold and Satellite Goldfields.
We seek Safe Harbor
Nevsun adds to Bisha management
2006-08-02 12:19 ET - News Release
Dr. John Clarke reports
NEVSUN RESOURCES LTD.: BISHA MANAGEMENT TEAM
Nevsun Resources Ltd. is continuing to build its Bisha project management team with the appointment of Malcolm Lake as the company's manager of projects development, Peter Harris as the human resource manager for Eritrea, Dr. Yemane Zecharias as the environmental manager for Eritrea and Shaun Ball as the manager, mine planning. All four positions report directly to Nevsun's Eritrea general manager, Stan Rogers. Mr. Lake provides an interface in Vancouver with the project's engineers, and Mr. Harris, Dr. Zecharias and Mr. Ball are based in Eritrea.
The appointments are key positions for the orderly and efficient advancement of the Bisha project. Mr. Lake brings project management and mine development experience of over 30 years including appointments with Canico, Ivanhoe Mines and Kilborn Engineering. Mr. Harris has set up and/or managed human resource departments at Placer Dome and BHP in both North America and overseas. Dr. Zecharias has had a distinguished academic career in the United States and most recently has been a member of the National Water Supply and Sanitation Commission and a technical adviser to the minister of land, water and environment in Eritrea. Mr. Ball brings his experience in mining operations management and mining design with his worldwide experience which includes Oxus Gold and Satellite Goldfields.
We seek Safe Harbor
das macht der Nachbar
Nevsun Resources Ltd.: Bisha Feasibility-Technical Report
10/16/2006
VANCOUVER, BRITISH COLUMBIA, Oct 16, 2006 (MARKET WIRE via COMTEX News Network) --
Nevsun Resources Ltd. (TSX: NSU)(AMEX: NSU) wishes to advise that the 43-101 compliant Technical Report on the Bisha Feasibility Study will be filed by November 17, 2006. AMEC Americas Limited has been engaged to complete this Technical Report.
Nevsun is also pleased to relay supporting comments from the Minister of Energy & Mines of Eritrea who has congratulated Nevsun in progressing its Bisha project. Mr. Tesfai Ghebreselassie stated: "The Bisha Project Feasibility Study has been keenly awaited as an important step in the development of a major mine; one in which the Government of Eritrea has actively participated to demonstrate the desire of Eritrea to swiftly develop a significant mining industry".
Summary details of the Feasibility Study are noted below and more complete information may be found in the Company's news release dated October 12, 2006. News releases may be found on SEDAR and the Company's web site at www.nevsun.com.
Highlights:
Metal Production (Life of Mine) - 1.06 million oz gold
(all payable) - 747 million lb copper
- 1,092 million lb zinc
- 10 million oz silver
Base Case Financial Analysis (after tax):
Rate of Return - 26% (Au $435/oz Cu $1.44/lb prior to
2015 and $1.28 thereafter,
Zn$0.57/lb, Ag $6.50/oz)
NPV (0% discount) - $356 million
NPV (10% discount) - $135 million
Payback - 2.6 years (pre-production capital
payback)
Capital Cost Estimate - $196 million pre-production
Expansion Capital Estimate - $61 million + $31 million in two
phases, funded from operations
Operating Costs - $31.64/tonne ore milled through life
of mine
All metal prices used for the base case analysis were independently
developed and provided to AMEC by a recognized independent minerals
marketing consultant.
Recent Prices Case Financial Analysis (after tax):
Utilizing recent metal prices over life of mine (Au $600/oz,
Cu $3.40/lb, Zn $1.50/lb, Ag $11/oz)
Rate of Return - 62%
NPV (0% discount) - $1,857 million
NPV (10% discount) - $853 million
Payback - 1.5 years (pre-production capital
payback)
Production Schedule - + 10 years open pit mine modeled at
2 Mt/year of ore production
- years 1 and 2, average 447,000 oz Au
per year
- years 3 to 5 average 173 million lb
Cu per year plus precious metal
credits
- years 6 to 10 average 218 million lb
Zn plus 39 million lb Cu per year
plus precious metal credits
Forward Looking Statements: The above contains forward looking statements that are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward looking statements. Factors that could cause such differences include: changes in world commodity markets, equity markets, costs and supply of materials relevant to the mining industry, extent of resources actually contained in mineral deposits, actual recoveries achieved in processing ore, technological change, weather conditions, change in government and changes to regulations affecting the mining industry. Forward-looking statements in this release include statements regarding future deliverables. Although we believe the expectations reflected in our forward looking statements are reasonable, results may vary, and we cannot guarantee future results, levels of activity, performance or achievements.
NEVSUN RESOURCES LTD.
Dr. John A. Clarke, President & Chief Executive Officer
Contacts: Nevsun Resources Ltd
Nevsun Resources Ltd.: Bisha Feasibility-Technical Report
10/16/2006
VANCOUVER, BRITISH COLUMBIA, Oct 16, 2006 (MARKET WIRE via COMTEX News Network) --
Nevsun Resources Ltd. (TSX: NSU)(AMEX: NSU) wishes to advise that the 43-101 compliant Technical Report on the Bisha Feasibility Study will be filed by November 17, 2006. AMEC Americas Limited has been engaged to complete this Technical Report.
Nevsun is also pleased to relay supporting comments from the Minister of Energy & Mines of Eritrea who has congratulated Nevsun in progressing its Bisha project. Mr. Tesfai Ghebreselassie stated: "The Bisha Project Feasibility Study has been keenly awaited as an important step in the development of a major mine; one in which the Government of Eritrea has actively participated to demonstrate the desire of Eritrea to swiftly develop a significant mining industry".
Summary details of the Feasibility Study are noted below and more complete information may be found in the Company's news release dated October 12, 2006. News releases may be found on SEDAR and the Company's web site at www.nevsun.com.
Highlights:
Metal Production (Life of Mine) - 1.06 million oz gold
(all payable) - 747 million lb copper
- 1,092 million lb zinc
- 10 million oz silver
Base Case Financial Analysis (after tax):
Rate of Return - 26% (Au $435/oz Cu $1.44/lb prior to
2015 and $1.28 thereafter,
Zn$0.57/lb, Ag $6.50/oz)
NPV (0% discount) - $356 million
NPV (10% discount) - $135 million
Payback - 2.6 years (pre-production capital
payback)
Capital Cost Estimate - $196 million pre-production
Expansion Capital Estimate - $61 million + $31 million in two
phases, funded from operations
Operating Costs - $31.64/tonne ore milled through life
of mine
All metal prices used for the base case analysis were independently
developed and provided to AMEC by a recognized independent minerals
marketing consultant.
Recent Prices Case Financial Analysis (after tax):
Utilizing recent metal prices over life of mine (Au $600/oz,
Cu $3.40/lb, Zn $1.50/lb, Ag $11/oz)
Rate of Return - 62%
NPV (0% discount) - $1,857 million
NPV (10% discount) - $853 million
Payback - 1.5 years (pre-production capital
payback)
Production Schedule - + 10 years open pit mine modeled at
2 Mt/year of ore production
- years 1 and 2, average 447,000 oz Au
per year
- years 3 to 5 average 173 million lb
Cu per year plus precious metal
credits
- years 6 to 10 average 218 million lb
Zn plus 39 million lb Cu per year
plus precious metal credits
Forward Looking Statements: The above contains forward looking statements that are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward looking statements. Factors that could cause such differences include: changes in world commodity markets, equity markets, costs and supply of materials relevant to the mining industry, extent of resources actually contained in mineral deposits, actual recoveries achieved in processing ore, technological change, weather conditions, change in government and changes to regulations affecting the mining industry. Forward-looking statements in this release include statements regarding future deliverables. Although we believe the expectations reflected in our forward looking statements are reasonable, results may vary, and we cannot guarantee future results, levels of activity, performance or achievements.
NEVSUN RESOURCES LTD.
Dr. John A. Clarke, President & Chief Executive Officer
Contacts: Nevsun Resources Ltd
Antwort auf Beitrag Nr.: 16.041.043 von hainholz am 09.03.05 12:18:05News Today
Sub-Sahara says to raise stake in Eritrean gold project
--------------------------------------------------------------------------------
The board of Africa-focused gold exploration and development company Sub-Sahara Resources approved the acquisition of a further interest in the Zara gold project, from Africa Wide Resources (AWR), the company said on Friday.
The company will acquire an additional 22,23% interest in the project, taking its equity in the project to 56,22% In Eritrea, Sub-Sahara Resources has two joint ventures - the Asmara project and the Zara project – while, in Tanzania, the company has three joint-venture projects.
The Asmara project is a joint venture between Sub-Sahara, AWR and Sunridge Gold Corporation.
Earlier this year, Mining Weekly reported that the company had planned to increase its equity in the Zara project, following the success of the initial drilling.
The company indicated that it would increase its current equity in the project from 33,33% to 66,66% by acquiring the 33,33% project interest of AWR, resulting in the firm having the right to earn up to an 80% interest in the project.
Sub-Sahara says to raise stake in Eritrean gold project
--------------------------------------------------------------------------------
The board of Africa-focused gold exploration and development company Sub-Sahara Resources approved the acquisition of a further interest in the Zara gold project, from Africa Wide Resources (AWR), the company said on Friday.
The company will acquire an additional 22,23% interest in the project, taking its equity in the project to 56,22% In Eritrea, Sub-Sahara Resources has two joint ventures - the Asmara project and the Zara project – while, in Tanzania, the company has three joint-venture projects.
The Asmara project is a joint venture between Sub-Sahara, AWR and Sunridge Gold Corporation.
Earlier this year, Mining Weekly reported that the company had planned to increase its equity in the Zara project, following the success of the initial drilling.
The company indicated that it would increase its current equity in the project from 33,33% to 66,66% by acquiring the 33,33% project interest of AWR, resulting in the firm having the right to earn up to an 80% interest in the project.
Bonanzafunde
Tuesday, 30 January 2007
ASX Announcement
Koka returns high grade gold results
Perth-based Africa-focused miner Sub-Sahara Resources (ASX:SBS) has received high-grade
gold results during diamond drilling at the Koka Prospect, located at the company's Zara Project
in Eritrea.
The high-grade results were returned to 200 metres vertical depth over a distance of 450
metres.
Drilling highlights included:
• ZARD015 - 13 metres grading 24.75 g/t gold from 88 metres
• ZARD017 - 11 metres grading 14.72 g/t gold from 133 metres
• ZARD017 - 6 metres grading 42.36 g/t gold from 147 metres
Sub-Sahara chief executive officer Michael Griffiths said the drilling results conformed to
management's expectations, with the newly discovered southern extension intersected
in ZARD017 further enhancing the overall prospectivity of the Koka Prospect.
Mr Griffiths said two off-set parallel zones striking north-south had been intersected and
mineralisation was open in both directions and at depth.
"On-going drilling will test this model of mineralisation during coming weeks," he said.
The most significant diamond drill results returned from the recent drilling continue to
display the high-grade nature of the mineralisation (See Table 1).
Drilling at the Koka Prospect will continue to define the extent of mineralisation. Further
drill results will be released to the market as they come to hand.
ACN: 061 104 158
288 Stirling Street, Perth
Western Australia 6000
PO Box 8260
Perth Business Centre
Tuesday, 30 January 2007
ASX Announcement
Koka returns high grade gold results
Perth-based Africa-focused miner Sub-Sahara Resources (ASX:SBS) has received high-grade
gold results during diamond drilling at the Koka Prospect, located at the company's Zara Project
in Eritrea.
The high-grade results were returned to 200 metres vertical depth over a distance of 450
metres.
Drilling highlights included:
• ZARD015 - 13 metres grading 24.75 g/t gold from 88 metres
• ZARD017 - 11 metres grading 14.72 g/t gold from 133 metres
• ZARD017 - 6 metres grading 42.36 g/t gold from 147 metres
Sub-Sahara chief executive officer Michael Griffiths said the drilling results conformed to
management's expectations, with the newly discovered southern extension intersected
in ZARD017 further enhancing the overall prospectivity of the Koka Prospect.
Mr Griffiths said two off-set parallel zones striking north-south had been intersected and
mineralisation was open in both directions and at depth.
"On-going drilling will test this model of mineralisation during coming weeks," he said.
The most significant diamond drill results returned from the recent drilling continue to
display the high-grade nature of the mineralisation (See Table 1).
Drilling at the Koka Prospect will continue to define the extent of mineralisation. Further
drill results will be released to the market as they come to hand.
ACN: 061 104 158
288 Stirling Street, Perth
Western Australia 6000
PO Box 8260
Perth Business Centre
das sind wirklich bombastische Ergebnisse!!!!
da kann Subsi auch von profitieren!!!!!!
News from Reuters
Barrick to spend about $175 million exploring for gold
30/01/07
VANCOUVER, British Columbia (Reuters) - Barrick Gold Corp. , the world's biggest gold producer, will spend about $175 million on exploration this year, and focus its search on areas where it already mines the precious metal, its head of exploration said on Tuesday.
Alex Davidson, Barrick's executive vice-president of exploration and corporate development, said the mining giant would be actively looking for deposits in Nevada, Chile, Argentina, Peru, Tanzania and Papua New Guinea.
Alaska and northern British Columbia would also be important exploration areas in 2007, he told reporters in Vancouver on the sidelines of the Mineral Exploration Roundup conference.
Barrick has not yet announced its exploration budget for this year but Davidson said it would be in the region of last year's, which was $175 million.
Worldwide, the gold industry has been hard-pressed for several years now to find new deposits as existing operations get mined out. The hunt for new gold has sparked a round of takeovers, not least Barrick's takeover of Placer Dome last year, but Davidson said that was not enough.
"You can acquire ounces but ultimately it all comes back to exploration. Somone has to find the ounces," he said.
Asked why Russia, a central plank of Barrick's expansion platform a few years back, was not on the list of top exploration regions, Davidson said: "It is a more difficult place to explore, politically."
© Reuters Limited. All Rights Reserved.
Reproduction or redistribution of Reuters content, including framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.
News from Reuters
Barrick to spend about $175 million exploring for gold
30/01/07
VANCOUVER, British Columbia (Reuters) - Barrick Gold Corp. , the world's biggest gold producer, will spend about $175 million on exploration this year, and focus its search on areas where it already mines the precious metal, its head of exploration said on Tuesday.
Alex Davidson, Barrick's executive vice-president of exploration and corporate development, said the mining giant would be actively looking for deposits in Nevada, Chile, Argentina, Peru, Tanzania and Papua New Guinea.
Alaska and northern British Columbia would also be important exploration areas in 2007, he told reporters in Vancouver on the sidelines of the Mineral Exploration Roundup conference.
Barrick has not yet announced its exploration budget for this year but Davidson said it would be in the region of last year's, which was $175 million.
Worldwide, the gold industry has been hard-pressed for several years now to find new deposits as existing operations get mined out. The hunt for new gold has sparked a round of takeovers, not least Barrick's takeover of Placer Dome last year, but Davidson said that was not enough.
"You can acquire ounces but ultimately it all comes back to exploration. Somone has to find the ounces," he said.
Asked why Russia, a central plank of Barrick's expansion platform a few years back, was not on the list of top exploration regions, Davidson said: "It is a more difficult place to explore, politically."
© Reuters Limited. All Rights Reserved.
Reproduction or redistribution of Reuters content, including framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.
herausragende Bohrresultate auf ZARA
http://sa.iguana2.com/cache/3a6a0ac161f313f45f8175e1d351d…
hochgradiger Goldanteil
http://sa.iguana2.com/cache/3a6a0ac161f313f45f8175e1d351d…
hochgradiger Goldanteil
und wieder spektakuläre Bohrergebnisse !!
http://sa.iguana2.com/cache/8e437238b965187c08328a9286571133…
0,67g/t
http://sa.iguana2.com/cache/8e437238b965187c08328a9286571133…
0,67g/t
Beitrag zu dieser Diskussion schreiben
Zu dieser Diskussion können keine Beiträge mehr verfasst werden, da der letzte Beitrag vor mehr als zwei Jahren verfasst wurde und die Diskussion daraufhin archiviert wurde.
Bitte wenden Sie sich an feedback@wallstreet-online.de und erfragen Sie die Reaktivierung der Diskussion oder starten Sie eine neue Diskussion.
Meistdiskutiert
Wertpapier | Beiträge | |
---|---|---|
207 | ||
186 | ||
106 | ||
64 | ||
59 | ||
52 | ||
38 | ||
37 | ||
35 | ||
33 |
Wertpapier | Beiträge | |
---|---|---|
29 | ||
28 | ||
28 | ||
27 | ||
26 | ||
25 | ||
20 | ||
20 | ||
18 | ||
17 |