Gold in China II: Mundoro Mining Inc. (MUN.TO) - 500 Beiträge pro Seite

[chatterbox]

Hallo zusammen,

vielleicht ist MUN schon einigen bekannt, habe aber keinen Thread gefunden.

Da DAS (eine) Projekt schon recht weit fortgeschritten ist, scheint mir die Aktie auf dem derzeitigen Kursniveau recht interessant (auch wenn der Kurs seit einigen Tagen ordentlich anzieht !).

Kurzinfo

Mundoro Mining Inc.

is focused on the exploration and development of the large-scale, advanced exploration stage Maoling gold deposit in Liaoning Province, China .

The Company has a 79% interest in the project through a Sino-Foreign cooperative joint venture with the corporate arm of the Liaoning provincial government, and has been exploring the 20 square kilometer exploration license with an extensive program of mapping, sampling, IP profiling, ground magnetometry and diamond drilling. Disseminated, free-milling gold mineralization at Maoling occurs within a sequence of altered phyllitic metapelite to meta-siltstone and is associated with sheeted quartz vein sets and 3-5% disseminated sulphide mineralization.

Thus far, three deposits that outcrop at surface with combined

Indicated Resources of 25.9 million tonnes at 1.3 grams/tonne (1.1 million ounces of gold)

Inferred Resources of 117.0 million tonnes at 1.2 grams/tonne (4.4 million ounces)

have been outlined.

AMEC calculated the resource estimates for both Zone 1 (2003) and Zone 4 (2001) using a 0.75 grams gold per tonne cut-off grade. Metallurgical, environmental and geotechnical studies, and a program of approximately 20,000 metres of core drilling, designed to raise Inferred Resources to the Indicated and Measured categories and to test the further potential of the project are underway. The project is currently being viewed as a potential open pit / heap leach operation.

... mehr

http://www.mundoro.com/

http://tsedb.globeinvestor.com/invest/investSQL/tsx.company_…

... TSX

Last Trade: 06 Oct 2004 15:42 EDT
Last Traded 1.950 Net Change +0.170
Last Bid Size 10 Volume 271,875
Last Bid Price 1.900 Open 1.790
Last Ask Price 1.950 High 2.000
Last Ask Size 14 Low 1.780

Last Updated: 05 Oct 2004
Rolling 52 Week High 3.250
Rolling 52 Week Low 1.330
Quoted Market Value 45,817,455
# of Shares Outstanding 25,740,143
Earnings/Share (trailing 12 months) -0.23

... schöne Bodenbildung:



WKN: A0B9PR (Frankfurt, Berlin-Bremen) mit - geringen - Umsätzen

[hpoth]

#1
Habe diesen Wert schon einige Zeit im Depot und im Goldseiten.de gepostet.Kurs kommt langsam in Schwung.

gruss hpoth

[hpoth]

#2
Bei Mundoro bekommt man die Unze Gold für ungefähr 8$ und dazu noch China-Phantasie.Dieser kanadische Junior Explorer ist zunächst vor gut einem Jahr an der Börse Toronto -Venure ( Vancouver- dort war ich vor vielen Jahren in Vancouver,da war die Börse nicht größer als ein Wohnzimmer und bekannt als Penny-Stocks Börse)eingeführt und wechselte dann im März 2004 nach Toronto.
Die Gesellschaft wurde von den US- Investmentbanker Frank Crerie 1997 gegründet und ist solide finanziert. CEO ist Colin McAleean, ein erfahrener Geologe.Das Management ferfügt über einige guten Leute mit einer langjährigen Erfahrung- man kann alles kaufen nur keine Erfahrung-
Ende 2004 soll die erste Durchführungsstudie vorliegen.das Haupt-Asset ist das Maoling-Goldprojekt mit seinen insgesamt 20 qkm große Fläche.
Die Produktion wird im offenen Tagebau möglich,da die Goldvorkommen nahe unter der Erdoberfläche liegen.
Im Vergleich zu ähnlichen Unternehmen wird Mudoro nur mit 8$ je Unze bewertet,die dagegen umgerechnet 40-60US$ je Unze Gold.
Sehr preiswert!!!

gruss hpoth

[chatterbox]

#2



Am 3/4 Oktober 04 war MUN auf der Toronto investment conference vertreten. Seither zieht der Kurs unter recht hohem Volumen an.

Hier dazu aus dem stockhouse board:

Chinese Gold Discovery Posted By: gravitaz
Post Time: 10/4/04 06:22
« Previous Message Next Message »

I think that we can bet that if Minco had anything linkage to a 4.4 million oz discovery (including the same general area as one of their interests), they would certainly let the world know. I was hoping that they would be at the Toronto investment conference, but they are nowhere to be seen.

If you are interested in this kind of big play in China, check out Mundoro Mining - they already have a resource of 5.5 million oz gold.

And the guy they have at their booth in TO says that this is about to be updated based on close to 20000m of new drilling and then made the subject of a pre-feasibility study. Mundoro`s trading at $1.60, which gives it a value of about $8 per ounce in the ground.

John Embry likes both Minco and Mundoro - For my money tho, Mundoro is more advanced and I`m getting tired of waiting around for Minco. I`ll be moving more of my holdings over to Mundoro - they are likely to have more exciting news out by the end of the year.

/cbx/

[chatterbox]

chart update



Konsolidierung am EMA 200 ?

/CBX/

[chatterbox]

UPCOMING EVENTS:

November 15 to 18, 2004
China Mining 2004

November 28 & 29, 2004
San Francisco Precious Metals Conf.

/cbx/

[chatterbox]

Gestern mal wieder hohes Volumen und Ausbruch auf neues kurzfr. Hoch.
Die Can $2,75 könnten jetzt schnell erreicht werden.

Last Trade: 2.14
Trade Time: Nov 5
Change: 0.14 (7.00%)
Prev Close: 2.00
Open: 2.00
Bid: 2.12
Ask: 2.14
Day`s Range: 2.00 - 2.20
52wk Range: 1.33 - 3.25
Volume: 210,800
Avg Vol (3m): 44,597

[chatterbox]

Weitere Bohrergebnisse

Mundoro Mining Inc.: Drilling Continues to Demonstrate Potential for Zone 1 Expansion and Development at the Maoling Gold Project, China

Monday November 8, 8:37 am ET
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Nov. 8, 2004) -
- Step-out hole intersects 108 metres grading 1.56 grams gold per tonne located 120 metres south of Zone 1

- Zone 1 continues to demonstrate exceptional continuity and consistency of grade

- Minimum 300 metres of strike length outlined at the Southeast Zone

- New resource estimate for Zone 1 underway

Mundoro Mining Inc. (TSX:MUN - News) is pleased to report further assay results from the latest 24 diamond drill holes completed and analyzed as part of the newly expanded 22,000+ metre drill program in the Zone 1 area of the multi-million ounce Maoling Gold Project in China. These results further illustrate the wide and consistent nature of the deposit and potential to significantly add to the project`s overall resource base.

Drill-hole locations are shown relative to the current Zone 1 / Southeast Zone resource outlines in maps available on Mundoro`s website at www.mundoro.com.

MAIN ZONE 1 AREA RESULTS

Results for six new drill holes within the main body of the Zone 1 resource area show excellent consistency with established widths and grades of the resource model on which the current multi-million ounce, independent gold resource estimate is based. Notable intersections include MLD118 with 64 metres grading 1.67 grams gold per tonne; MLD120 with a 100.1 metres grading 1.66 grams gold per tonne; and, MLD122 with 186 metres grading 1.20 grams gold per tonne, including a 46.3 metre intersection of 1.99 grams gold per tonne . Principal intersections from these six holes are tabulated below together:

Drill Zone 1 Intersection Intersected Gold
hole Grid Angle (metres) Width (grams/ COMMENTS
Number Line of Hole From To (metres)(x) tonne)
------------------------------------------------------------------------
MLD104 6000 -75 degrees E 142.0 236.0 94.0 1.05 Infill
including 146.0 158.0 12.0 2.05 Infill
------------------------------------------------------------------------
MLD107 6100 -75 degrees E 104.0 326.0 222.0 0.97 Infill
including 127.0 238.0 111.0 1.25 Infill
including 206.0 232.0 26.0 1.60
------------------------------------------------------------------------
MLD108 6520 -55 degrees N 22.0 74.4 52.4 1.10 Infill -
including 22.0 58.0 36.0 1.31 inclined to
including 28.0 38.0 10.0 2.29 north -
intersected
bounding
fault at
74.4 metres
------------------------------------------------------------------------
MLD118 6050 -75 degrees W 132.0 350.0 218.0 1.03 Infill
including 136.0 308.0 172.0 1.14 Infill
and 172.0 236.0 64.0 1.67 Infill
------------------------------------------------------------------------
MLD120 6250 -75 degrees E 286.0 451.1 165.1 1.29 Infill
including 286.0 386.1 100.1 1.66 Infill
and 348.0 372.9 24.9 2.36 Infill
------------------------------------------------------------------------
MLD122 6000 -90 degrees 164.0 438.6 274.6 1.01 Infill
Including 174.0 360.0 186.0 1.20 Infill
And 174.0 220.3 46.3 1.99 Infill
------------------------------------------------------------------------

(x) The Zone 1 mineralized body dips at approximately 60 degrees to the
west and has a variable true thickness ranging from approximately
90 to 200 metres


Three steeply-dipping holes were drilled from the hanging wall of Zone 1 west of the resource envelope and indicate the presence of additional mineralization outside of the resource block.

Drill Zone 1 Intersection Intersected Gold
hole Grid Angle (metres) Width (grams/ COMMENTS
Number Line of Hole From To (metres)(x) tonne)
------------------------------------------------------------------------
MLD110 6450 -78 degrees E 161.0 196.0 35.0 0.76 Extension
------------------------------------------------------------------------
MLD112 6350 -75 degrees E 220.0 236.0 16.0 1.64 Extension
------------------------------------------------------------------------
MLD116 6400 -78 degrees E 152.0 168.0 16.0 0.77 Extension
------------------------------------------------------------------------


An additional seven holes (MLD114, 117, 121, 124, 127, 132 and 136) were drilled well to the east of Zone 1 to test weak geophysical anomalies in areas that could be used for mine infrastructure. No significant mineralized intersections were encountered in any of these condemnation holes.

ZONE 1 SOUTH EXTENSION

Holes drilled in the area directly to the south of Zone 1 encountered significant intersections along strike of the known resource, extending the continuous length of the mineralized zone by approximately 120 metres . Results from these Zone 1 step-out holes are as shown in the table below:

Drill Zone 1 Intersection Intersected Gold
hole Grid Angle (metres) Width (grams/ COMMENTS
Number Line of Hole From To (metres)(x) tonne)
------------------------------------------------------------------------
MLD113 5900 -55 degrees E 110.0 163.5 53.5 1.16 Extension
------------------------------------------------------------------------
MLD119 5800 -55 degrees E 94.0 202.0 108.0 1.56 Extension
including 164.0 202.0 38.0 1.89 Extension
------------------------------------------------------------------------
MLD123 5950 -55 degrees E 0.5 66.0 65.5 1.14 Extension
including 4.0 46.0 42.0 1.29 Extension
------------------------------------------------------------------------
MLD125 5850 -55 degrees E 148.0 206.0 58.0 1.09 Extension
including 158.5 202.0 43.5 1.27 Extension
------------------------------------------------------------------------


SOUTHEAST ZONE

Holes drilled between section lines 5900 and 5500 in the area of the Southeast Zone indicate a mineralized strike length of at least 300 metres in addition to the 120 metre strike extension south of Zone 1. Both zones remain open to the south, and additional drilling is planned to investigate the extent of mineralization. Results for four new holes in the Southeast Zone are as follows:

Drill Zone 1 Intersection Intersected Gold
hole Grid Angle (metres) Width (grams/ COMMENTS
Number Line of Hole From To (metres)(x) tonne)
------------------------------------------------------------------------
MLD109 5600 -55 degrees E 106.0 190.0 84.0 0.82 Southernmost
including 124.0 126.0 22.0 1.39 hole in SE
Zone
------------------------------------------------------------------------
MLD111 5700 -55 degrees E 66.0 204.0 138.0 0.72
including 170.0 182.0 12.0 1.71
------------------------------------------------------------------------
MLD115 5900 -55 degrees E 56.0 112.4 56.4 1.29
including 70.0 108.0 38.0 1.51
------------------------------------------------------------------------
MLD128 5650 -55 degrees E 14.0 126.0 112.0 0.71
including 50.0 80.0 30.0 1.08
------------------------------------------------------------------------


Zone 1 Resource Update and Pre-Feasibility Study

The results described in this news release are derived from a total of 5,681 metres of drill-core in 24 core-holes, increasing the total reported drilling to-date this year to 18,454 metres in 73 holes. As of November 2, an additional 4,006 metres in 14 holes in Zone 1 and 1,263 metres in 6 holes in the Zone 4 resource area have been drilled, with results pending.

In order to progress to the next stage of project evaluation, Mundoro has instructed AMEC Americas, its independent engineering contractor, to commence its re-estimation of the gold resource for Zone 1 and the Southeast Zone, using the exploration results accumulated to-date. The revised Indicated Resource will serve as the basis for a Zone 1 pre-feasibility study that will commence as soon as the final grade model is available.

...............

Für Phantasie ist jedenfalls weiterhin gesorgt. MUN ist mit einer Bewertung von $10 pro oz immer noch recht preiswert. Wahrscheinlich kommen aber zu den 5.5 mio oz noch ein `paar` oz hinzu... und mal sehen, was die beiden Konferenzen im NOV noch bringen.

/cbx/

[chatterbox]

Der Uptrend hält an; intraday auf 2,65 Can$

Last Trade: 12 Nov 2004 15:31 EST
Last Traded 2.520 Net Change +0.200
Last Bid Size 80 Volume 107,750
Last Bid Price 2.520 Open 2.360
Last Ask Price 2.540 High 2.650
Last Ask Size 10 Low 2.360
Quoted Market Value 64,865,160

Am 16. dann auf der China Mining Conference:

The Investment Environment in China`s Mining Industry

Colin McAleenan, President & CEO, Mundoro Mining Inc.: Foreign Case Study 2

.../cbx/

[chatterbox]

3 Can$ im Visier:

Last Trade: 19 Nov 2004 10:42 EST
Last Traded 2.880 Net Change +0.190
Last Bid Size 46 Volume 79,100
Last Bid Price 2.850 Open 2.750
Last Ask Price 2.890 High 2.880
Last Ask Size 10 Low 2.750

[hpoth]

#10

3$ haben wir ja schon!!!

gruß hpoth

[chatterbox]

Auf zu neuen Höhen ?

Die 3 Can$ sind jetzt durch und es steht nur noch das ATH bei 3,25 Can$ im Wege. Bei dem aktuellen Marktumfeld würde ich aber nicht auf eine umfassende Konsolidierung wetten... und MUN ist immer noch günstig bewertet.


Last Trade: 29 Nov 2004 15:45 EST
Last Traded 3.150 Net Change +0.200
Last Bid Size 26 Volume 175,555
Last Bid Price 3.150 Open 3.000
Last Ask Price 3.170 High 3.170
Last Ask Size 25 Low 2.960


P.S.
Glückwunsch dem, der heute die 750 St. in FRF zu 1,85 gekauft hat; in CAN war der Kurs zu der Zeit schon bei 3,15

/cbx/

[chatterbox]

Da bin ich aber mal gespannt:

3.25
Trade Time: 9:30AM ET
Change: 0.10 (3.17%)
Prev Close: 3.15
Open: 3.25
Bid: 3.20 x 2000
Ask: 3.30 x 2500

[chatterbox]

Nicht gerade erfreulich der Kursverlauf dieser Tage. Fast der gesamte Anstieg seit Can$ 2 wird nun korrigiert.
Immerhin wurde intraday Ende Nov noch ein neues ATH erreicht, aber was nützt das schon. Wer rechtzeitig eingestiegen ist, dürfte dennoch nicht im Minus liegen.

Fundamental hat sich freilich nicht viel geändert - außer das die Aktie jetzt wieder viel günstiger bewertet ist.

Last Trade: 07 Jan 2005 15:54 EST
Last Traded 2.260 Net Change -0.010
Last Bid Size 8 Volume 43,200
Last Bid Price 2.240 Open 2.300
Last Ask Price 2.260 High 2.300
Last Ask Size 4 Low 2.250

Last Updated: 07 Jan 2005
Rolling 52 Week High 3.300
Rolling 52 Week Low 1.330
Quoted Market Value 58,623,223

Hier noch mal in Kürze:

Was bisher geschah



Was jetzt kommt (?)

So langsam wird’s wieder spannend. Für Ende Januar ist der metallurgische Teil der Vormachbarkeitstudie für Zone 1 avisiert. Die komplette Studie soll bis Ende 1.Quartal fertig sein.

In den letzten Monaten wurden eine Reihe von Bohrergebnissen veröffentlicht, vorrangig für das Zone 1 Projekt. Hier wurde auch die Mehrzahl der Bohrungen niedergebracht.




Der ürsprüngliche Ressourcen-Block der Zone 1 hat eine Ausdehnung von ca. 700m x 90-200m mit Res. von 3,4 mio oz.

Die Bohrergebnisse für Zone 1 zeigen eine Erweiterung der Mineralisierung sowohl nach Westen/Süd-Westen als auch – und vor allem – nach Süd-Osten - bis hin zur ursprünglichen Southeast Zone an. Diese kann nunmehr - vorbehaltlich der noch ausstehenden Bohrergebnisse - als Extension der Zone 1 angesehen werden. Südlich der Southeast Zone besteht noch weiteres Explorationspotential.

Lediglich die Bohrungen im Osten (MLD 132 - 124) waren - erwartungsgemäß - nicht ergiebig. Hier besteht Raum für die spätere Mineninfrastruktur.

Die Bohrergebnisse zeigen eine ca. Verdoppelung des Zone 1 Ressourcen-Block in der Fläche an.

Das bedeutet zwar noch lange keine Verdopplung der Ressourcen, aber alles andere als eine deutliche Ressourcenausdehnung wäre schon eine Enttäuschung. 5 mio oz sollten hier drin sein.

Zuzüglich der 2 mio oz in Zone 4 wären das schon mal 7 mio oz. Mit viel!!! Optimismus kann das ganze Projekt sogar 10 mio oz bringen... reine Spekulation natürlich... Durchführbarkeit und op. Kosten außen vor.

Mal sehen was kommt.

/cbx/

[hpoth]

# All,

bin bei diesem Wert durch Stop Loss Marke bei 2.80 rausgeflogen, Ek war 1,60.Vorerst hat es sich ja gelohnt.Warte jetzt ab ob es noch mal einen günstigen Einstieg gibt,Kurs war ja am 7.01.05 bei 2,26.

schönen Sonntag wünscht
hpoth

[chatterbox]

Das warten hat sich gelohnt. Rechtzeitig vor der Vancouver Conference GREAT News bei MUN.

... den 10 moz ein Sück näher


Mundoro Increases Indicated Resources by 1.9 Million Ounces Gold at Maoling, China

Thu Jan 20, 2005
[Vancouver, BC] -- Mundoro Mining Inc. (TSX:MUN)

is pleased to report that a new independent resource estimate for the Zone 1 deposit at the Maoling Gold Project in Liaoning, China shows a significant increase in gold resources over the estimate for the same zone made in 2003.

AMEC Americas Limited, Mundoro`s engineering consultant for the project, estimates that Zone 1 (including the Southeast Zone) includes 81.6 million tonnes grading 1.2 grams gold per tonne giving 3.02 million gold ounces in the Indicated category and 45.4 million tonnes grading 1.0 gram gold per tonne giving 1.41 million gold ounces in the Inferred category, using a cut-off grade of 0.75 grams gold per tonne.

This represents an increase of 1.93 million ounces of gold in Zone 1`s Indicated resource compared with the 2003 estimate. Although Mundoro presents the Zone 1 resource update using a 0.75 grams gold per tonne cut-off grade for comparison with the 2003 estimate,
AMEC reports that the 2004 estimate can be stated at the 0.50 grams gold per tonne cut-off grade, representing 120.2 million tonnes grading 1.0 grams gold per tonne giving 3.8 million ounces of gold in the Indicated category and 87.6 million tonnes grading 0.8 grams gold per tonne giving 2.3 million ounces gold in the Inferred category.

Resource estimates at various cut-off grades for Zone 1 (including the Southeast Zone) are outlined below:


2004 ZONE 1 RESOURCE SUMMARY(*)

INDICATED RESOURCE INFERRED RESOURCES
---------------------------------------------------------------------
Cut-off Contained Contained
Grade Tonnes Grade Gold Tonnes Grade Gold
Ounces Ounces
---------------------------------------------------------------------
Au g/t (000`s) Au g/t (000`s) (000`s) Au g/t (000`s)
---------------------------------------------------------------------
0.50 120,200 1.0 3,787 87,600 0.8 2,261
---------------------------------------------------------------------
0.75 81,600 1.2 3,017 45,400 1.0 1,407
---------------------------------------------------------------------
1.00 49,000 1.3 2,095 15,300 1.2 572
---------------------------------------------------------------------
(*) Economic viability of this resource estimate is yet to be
established

The new estimate was based on the same drill hole and channel sample assay data used for the 2003 estimate together with the results from 77 (20,597 metres) of the 99 holes drilled in Zone 1 during 2004. The data and methodology used by AMEC in estimating this resource differed from that used in the 2003 estimate in the following ways:


The numbers of assays used: 10,400 drill core and channel samples versus 4,400 samples in the 2003 estimate;
Grade Shell Determination: 0.3 grams gold per tonne threshold versus a 0.5 grams gold per tonne threshold used in the 2003 estimate;
Specific Gravity: 2.82t/m3 based on measurements of 4,800 samples from drill core versus 2.92t/m3 based on measurements of 73 samples used in the 2003 estimate.

AMEC`s resource estimate was performed under the direction and oversight of S. Lomas, P.Geo. of Vancouver, BC, an `Independent Qualified Person` as defined by National Instrument 43-101 of the Canadian Securities Administrators. A NI43-101 compliant technical report for this resource estimate will be prepared by AMEC within 30 days and will be filed by the Company.

Maoling Cumulative Resources Summary

The revised resource estimate for Zone 1 at Maoling represents a substantial increase to the project`s overall combined resource estimate, including that of Zone 4, as illustrated in the table below:


Grade Contained
(0.75 g/t Au cut-off) Tonnes (Au grams/ Gold Ozs
(000`s) tonne) (000`s)
--------------------------------------------------------------
Indicated Resources
--------------------------------------------------------------
Zone 1 (2004) 81,600 1.2 3,017
--------------------------------------------------------------
Inferred Resources
--------------------------------------------------------------
Zone 1 (2004) 45,400 1.0 1,408
Zone 4 (2001) 55,000 1.2 2,122
--------------------------------------------------------------
Total Inferred 100,400 1.1 3,530
--------------------------------------------------------------

In late 2004, Mundoro drilled a further 22 holes after the cut-off date for the current resource estimate. Much of the more recent drilling has focused on Zone 1`s southern extension and the Southeast Zone. Zone 1 and Southeast Zone remain open to the south and will continue to be explored as will the Zone 4 area, where much work remains to done to delineate, upgrade and expand its resource.

Zone 1 Pre-Feasibility Study Underway

With the update to the Zone 1 resource estimate complete, Mundoro has accumulated sufficient information for AMEC to conduct the pre-feasibility study for the Zone 1 deposit area. Final metallurgical testwork is being completed and will soon be available. Additional geotechnical, hydrological and environmental data collected from the area during 2003 and 2004 will be incorporated into the study which is expected to be completed in the second quarter of 2005.

...

/cbx/

[chatterbox]

Mundoro geht heute ab

2.75
Trade Time: 11:06AM ET
Change: 0.42 (18.03%)
Last Bid Size 72 Volume 137,400
Last Bid Price 2.650 Open 2.450
Last Ask Price 2.750 High 2.750

[chatterbox]

Ohne News nix los. Also hier:

...The test results indicate that Zone 1 mineralization responds very well to conventional milling followed by a CIL gold recovery circuit, indicating an average recovery of about 94%.

http://biz.yahoo.com/ccn/050210/3dfc16aabb5441572187f2c68c79…

2,80

[chatterbox]

Kaum zu glauben, dass die Meldung von gestern der Grund für den plötzlichen Kurssprung war, wohl eher der Auslöser. Das und die Wende beim Goldpreis. Oder einigen Anlegern ist einfach nur der Geduldsfaden gerissen.

Bereits in den letzten Wochen lag der Kurs recht stabil zwischen 2,30 und 2,40. Zu Kursen unter 2,30 wurden immer wieder gekauft.

Das Ressourcen-Update macht die Bewertung von MUN auch wieder erheblich attraktiver: 9 USD/oz Res. oder ca. 14 USD incl. ausstehnder Warrants und auf Basis von 79% am Maoling-JV.

Weiteres Potential hat das Projekt allemal (und vielleicht sind die 10 mio oz gar nicht so abwegig):
- in die Ressourcenschätzung sind die letzten Bohrergebnisse aus 2004 noch nicht mit einbezogen;
- südlich von Z1 besteht noch Raum für weitere Extension;
- Z4 wird erst diese Jahr intensiv `bearbeitet`
- und weiterhin zu beachten:

Parallel anomalous zones indicated in Mundoro`s IP profiling program of 2003 will also be tested for mineralization and represent significant additional exploration opportunity on the project.
(A.d.F. parallel zu Z4, Meldung kam als `Anhängsel` zu den letzten Bohrergebnissen)
...
AMEC reports that the 2004 estimate can be stated at the 0.50 grams gold per tonne cut-off grade
...

Last Trade: 11 Feb 2005 14:43 EST
Last Traded 2.840

/cbx/

[chatterbox]

Gerade erst bei Kitco erschienen:

The China Play for Resource Companies
By Daniel Earle, Feb 11, 2005 14:55

http://www.kitcocasey.com/displayArticle.php?id=24

"... Bottom line: China-focused juniors are undervalued on a cash-per-share basis relative to their non-China peers. An inefficient market has not yet recovered after the bursting of its bubble and still labors under a lack of appreciation for China as a mineral exploration destination. The China-juniors are therefore likely to improve in the short to medium term as they move back toward parity with their non-China peers on a cash-per-share basis. For contrarians, there are surely some excellent buying opportunities available within this market segment. Just don’t expect them to last."

/cbx/

[chatterbox]

Interessant, das neue Corporate Profile:

EXPLORATION POTENTIAL

Mundoro completed 35 line kilometres of ground magnetometry and IP profiling across both Zone 1 and Zone 4 deposits in the summer of 2003. This data, combined with soil geochemistry sampling suggest there are numerous zones of potential mineralization outside of the existing resource envelopes.

The southern extension of the Zone 1 area, including the Southeast Zone, is still being explored and a program to delineate, upgrade and expand the Zone 4 resource is underway.

Anomalous areas adjacent to the main structure of Zone 4 together with an open northern extension represent significant expansion potential for the project.

PLANNED PROJECT WORK

The Company has three main objectives for its 2005 work program;
• To complete the Zone 1 pre-feasibility study;
• To commence a full feasibility study for Zone 1; and,
• To continue exploration work to expand the existing resource base in both Zone 1 and Zone 4

http://www.mundoro.com/profile/mundoroprofileweb.pdf

/cbx/

[chatterbox]

MUN wurde gestern als Top Pick in Rob.TV erwähnt:

8:00 PM ET
Market Call Tonight with Howard Green
Alternative Strategies
Jean-Francois Tardif, Portfolio Manager, Sprott Asset Management

Top Picks & Ticker Symbols

Cash or shorts (take profits, reduce positions)
Mundoro Mining (MUN TSX)
Atlas Cold Storage (FZR.UN TSX)

Duration: 27 m 28 s
http://www.robtv.com/shows/past_archive.tv?day=thur

...


Last Trade: 3.00
Trade Time: 1:10PM ET
Change: 0.15 (5.26%)
Prev Close: 2.85
Open: 2.90
Bid: 2.98
Ask: 3.10
Day`s Range: 2.90 - 3.10
52wk Range: 1.33 - 3.30
Volume: 154,440

/cbx/

[chatterbox]

Tardif in Rob.TV zu Mundoro:

„Mundoro is very, very cheap"

- 8 mio oz an Ressourcen (nicht 6,5; s. auch weiter oben)
- Potential auf 10 oder v.a. 15 mio oz
- evtl. Output von 300.000 oz p.a.
- MK 75 mio$

Auf Risiken und Nebenwirkungen wird natürlích auch hingewiesen, insbes.: Goldpreis (da ist Sprott aber eh bullisch...und wer hier investiert, sollte das wohl auch sein), pol. Risiko in China (Steuern / möglicherweise Royalities, die auf Minengesellschaften zukommen könnten).

...

MUN hat mit dem Maoling-Projekt einen echten `big hit` gelandet, ist nach wie vor billig zu haben, das Management kann sich voll auf diese Projekt konzentrieren (s. auch letzte news) und ... bleibt ein klarer Übernahmekandidat. Was will man mehr?

Andere Goldexplorer bohren und bohren, um eine mio oz hinzubekommen, hier gibt’s mit jedem Update Mio oz obendrauf.

Letzter: 3,01 - nächte Attacke auf das ATH rollt an.

/cbx/

[chatterbox]

Weitere Bohrergebnisse:

Press Release Source: Mundoro Mining Inc.

Mundoro Reports Drill Hole Results From Zone 1 and Southeast Zone;
Results Significantly Increase Southeast Zone Deposit Strike Length
Wednesday March 2, 8:42 am ET

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 2, 2005) - Mundoro Mining Inc. (TSX:MUN - News) is pleased to report further assay results from 11 diamond drill holes drilled in the Zone 1 and Southeast Zone area of the Company`s multi-million ounce Maoling Gold Project in China. The drill-hole locations described in this release are shown relative to the recently updated Zone 1 / Southeast Zone resource outlines in maps available on Mundoro`s website at www.mundoro.com.

MAIN ZONE 1 AREA RESULTS

Results from six holes drilled from the hanging wall of Zone 1 show excellent consistency with the established grades of the deposit`s recently updated multi-million ounce gold resource model as well as potential to expand the zone to the south.

Notable intersections include MLD129 with 204 metres grading 1.21 grams gold per tonne, including 110 metres grading 1.45 grams gold per tonne; and, MLD134 with 187.8 metres grading 1.49 grams gold per tonne, including a 68 metre intersection of 2.53 grams gold per tonne. Principal intersections from these holes are tabulated below:

Drill Zone 1 Intersection Intersected Gold
hole Grid Angle (metres) Width (grams/
Number Line of Hole From To (metres)(xx) tonne) COMMENTS
------------------------------------------------------------------------
MLD126(x) 5950 -55 deg. E 234.0 312.0 78.0 1.07 Infill
including 234.0 256.0 22.0 1.62
------------------------------------------------------------------------
MLD129(x) 6150 -73 deg. E 160.0 364.0 204.0 1.21 Infill
including 182.0 292.0 110.0 1.45
including 182.0 246.0 64.0 1.76
------------------------------------------------------------------------
MLD131(x) 5900 -55 deg. E 174.0 192.0 18.0 2.06 Infill and
step-out
And 258.0 294.0 36.0 0.89
------------------------------------------------------------------------
MLD134(x) 6150 -84 deg. E 224.0 411.8 187.8 1.49 Infill
Including 256.0 324.0 68.0 2.53
------------------------------------------------------------------------
MLD135 5900 -73 deg. E 280.0 356.0 76.0 0.70 Infill
Including 280.0 286.0 6.0 2.73
------------------------------------------------------------------------
MLD138 5850 -55 deg. E 150.0 222.0 72.0 1.40 Infill
Including 190.0 218.0 28.0 1.95
------------------------------------------------------------------------

(x) The January 20, 2005 Zone 1 resource estimate includes data from
these holes
(xx) The Zone 1 mineralized body dips at approximately 60 degrees to
the west and has a variable true thickness ranging from
approximately 90 to 200 metres


SOUTHEAST ZONE

Results from drill holes MLD139 (line 5950) and MLD148 (line 5500) indicate an increase of approximately 150 metres to the strike length of the Southeast Zone. Hole MLD148 intersected three mineralized zones totaling 164 metres with the best zone grading 1.36 grams gold per tonne over 64 metres. Assay results from these holes were not available in time to be included in the updated resource estimate for Zone 1 reported on January 20th, 2005 but will be included in the next resource estimate for Zone 1. Results for the five holes in the Southeast Zone are as follows:

Drill Zone 1 Intersection Intersected Gold
hole Grid Angle (metres) Width (grams/
Number Line of Hole From To (metres)(x) tonne) COMMENTS
------------------------------------------------------------------------
MLD130 5750 -55 deg. E 152.0 226.0 74.0 0.80 Infill
Including 158.0 188.0 30.0 1.02
------------------------------------------------------------------------
MLD133 5650 -55 deg. E 202.0 330.0 128.0 0.95 Infill
Including 266.0 296.0 30.0 1.54
------------------------------------------------------------------------
MLD137 5800 -55 deg. E 114.0 188.0 74.0 0.95 Infill
Including 140.0 168.0 28.0 1.26
------------------------------------------------------------------------
MLD139 5950 -55 deg. E 15.4 70.0 54.6 1.02 northerly
Including 17.0 48.0 31.0 1.41 extension
------------------------------------------------------------------------
MLD148(xx) 5500 -55 deg. E 8.0 28.0 20.0 0.73 southerly
102.0 166.0 64.0 1.36 extension
178.0 258.0 80.0 0.65
------------------------------------------------------------------------

(x) Data accumulated to-date indicates a variable true thickness in the
Southeast Zone ranging from approximately 90 to 200 metres
(xx) Hole MLD148 prioritized due to location and strong indications of
mineralization


The results described in this news release are derived from a total of 3,252 metres of drill-core in 11 core-holes. To date, an additional 4,353 metres in 14 holes in Zone 1 and 490 metres in 2 holes in the Zone 4 resource area have been drilled, with results pending.

The pre-feasibility study, now being conducted on the Zone 1 deposit area, is proceeding well and is expected to be completed in the second quarter of 2005. This study is contemplating the development of an open pit mine and a conventional milling and CIL operation at Maoling, based on the `Indicated` Resource estimate for Zone 1, namely 81.6 million tonnes at 1.2 grams gold per tonne, or 3.0 million ounces of gold.

With Zone 1 remaining open to the south and down dip and Southeast Zone open to the south and to the north it is anticipated that the next round of drilling will add significantly to the overall resources of the deposit as well as upgrade much of the existing Inferred Resource (45.4 million tonnes grading 1.0 gram gold per tonne - 1.4 million ounces gold) to the Indicated Resource category.

The next round of drilling at Maoling will commence shortly following a break for Chinese New Year celebrations and drill maintenance.

/cbx/

[chatterbox]

Aus dem Canboard:

SUBJECT: $6 Target Posted By: WeldonBacon
Post Time: 3/1/05 20:09

Octagon Gold Spotlight February 21, 2005
Mundoro Mining Inc.* (MUN:TSX) – BUY – Target: $6.00
(Octagon Capital 2005 Top Pick)

Octagon Gold Spotlight February 21, 2005

• Mundoro Mining recently released an AMEC resource estimate for the Zone 1 deposit at the Maoling Gold Project
in China, leading to a 177% increase in gold resources over the previous estimate (2003). We are also expecting
further increases from the current exploration work being carried out in Zone 4.
• The metallurgical test on Zone 1 concludes that the mineralization responds to conventional milling and CIL
recovery. Results from standard bottle roll tests indicate gold recoveries ranging from 94% to 97% after 72 hours.
The metallurgical results were in line with our expectations.
• A Zone 1 pre-feasibility study is expected to be completed in Q2/05, along with a project listing application.

Octagon steht heute auch schön auf der Käuferseite:

Time Price Shares $ Chng Buyer Seller
10:34 3.150 400 +0.210 Octagon Penson
10:34 3.150 1,200 +0.210 Octagon Anonymous
10:34 3.150 3,800 +0.210 Canaccord Anonymous
10:33 3.150 600 +0.210 Canaccord Canaccord
10:33 3.150 600 +0.210 Canaccord TD Securities
10:33 3.150 400 +0.210 Canaccord TD Securities
10:32 3.150 5,000 +0.210 Canaccord Anonymous
10:29 3.150 5,000 +0.210 Octagon Anonymous
10:28 3.150 5,000 +0.210 TD Securities Anonymous
10:27 3.150 5,000 +0.210 Octagon Anonymous

[chatterbox]

http://www.resourceinvestor.com/pebble.asp?relid=8845

China’s Largest Gold Deposit

TORONTO (ResourceInvestor.com) -- Toronto listed Mundoro Mining [TSX: MUN] seems to have flown under the radar to some degree since it graduated to the TSX a little over a year ago. The company has a 79% stake in the Maoling gold project in Liaoning province, north-east China.

To date, more than 44,000 meters of drilling has been completed in 170 core holes. According to the results of an AMEC study released in January, this work has delineated more than 3 million ounces of gold in the Indicated category, with an additional 3.5 million ounces in Inferred resources. This produces a grand total in all categories of more than 6.5 million ounces of gold – making Maoling China’s largest gold deposit.

Since then, the company has drilled another 22 holes. It has also assessed gold recoveries of 94% based on metallurgical tests, which suggest that conventional milling and a CIL gold recovery circuit are the most advantageous means of production.

Rather a lot accomplished in a relatively short period, yet the company is valued at only about $15 per ounce. Given its market capitalization is just shy of CDN$75 million, Mundoro still trades at a fraction of the better-known Southwestern Resources (TSX-SWG), and Aussie listed Sino Gold (ASX-SGX), but more than peer Afcan Mining (AFK-TSX). With more than 5 million ounces of gold net to Mundoro’s account (79% interest in project), one wonders whether the deep valuation discount is a China issue, or the result of a lack of investor knowledge about the company itself?

Of course, all of these ounces are of little consequence if they are not secure. The argument could be made that China has achieved such a critical mass of late, that trifling with the property rights of a few gold companies would not deter the trading nations of the world from continuing to play ball.

Though it is indeed true that with the People’s Republic of China there is always a risk, the picture appears to be brightening. With China’s accession to the WTO in late 2001, and greater integration into the international community, there will be less and less incentive for inflammatory actions that would perpetuate an unfavourable mindset about the country in the West.

On a micro level, what has proved beneficial, and should continue to accrue dividends for Mundoro shareholders in terms of ease of relations on the ground in the PRC is the relationship that the company has with Hong-Kong based Kingsway International Holdings [TSX: KIH], whose clients took down the lion’s share of its IPO in late November 2003.

One interesting thread here is Robert Van Doorn, former Worldwide Gold Equity Analyst for Morgan Stanley. Van Doorn is President of Mundoro, advisor on mining to Kingsway Canada, and a director of Kingsway’s latest North American listed China vehicle, Golden China [TSXV:AUC]. This is a play on the Endeavour model, but which focuses specifically on companies exploring for precious metals in China. Its largest holding is a 5.2% equity interest in Mundoro.

With a pre-feasibility study due for completion in the second quarter of this year, Kingsway’s connections in China should ensure smooth sailing. These relationships represent added value and security for shareholders, and this is a boon that most other Canadian explorers and developers operating in China cannot boast.

As an investment concept, Mundoro appears to have the right address. It also has the size, the people, and soon substantial clarity on potential production levels and projected profitability at Maoling. All of this should be enough to enable management to expect an increase in multiple as investor interest is restoked by the promise of a development company that much closer to gold production and with deep roots in China.

By David J. DesLauriers
26 Mar 2005 at 05:00 AM EST

[chatterbox]

Neues ATH (Tagesschluß) bei Mundoro heute und das Volumen stimmt auch

Last Trade: 3.28
Trade Time: 3:57PM ET
Change: 0.23 (7.54%)
Prev Close: 3.05
Open: 3.05
Bid: 3.22
Ask: 3.29
Day`s Range: 3.05 - 3.29
52wk Range: 1.33 - 3.30
Volume: 388,980
Avg Vol (3m): 74,738

[chatterbox]

Wed Apr 27, 2005
Maoling Gold Project Drilling and Sampling Update

http://www.mundoro.com/s/NewsReleases.asp?ReportID=105981&_T…

[Vancouver, BC] -- Mundoro Mining Inc. (TSX:MUN) is pleased to report further assay results from 14 diamond drill holes drilled in Zone 1 and Southeast Zone areas as well as from two holes and a surface sampling program from the Zone 4 area at the Company`s multi-million ounce Maoling Gold Project in China. The drill-hole locations described in this release are shown on resource outlines for the zones in maps available on Mundoro`s website at www.mundoro.com.

ZONE 1 AND THE SOUTHEAST ZONE

Results of holes drilled in Zone 1 and the Southeast Zone show excellent consistency with the grades indicated by the latest resource block model, and have enhanced Mundoro`s understanding of the faulted area between Zone 1 and the Southeast Zone. Notable intersections include 224 metres at a grade of 1.13 grams gold per tonne in MLD147; 136 metres at a grade of 1.27 grams gold per tonne in MLD153 (including 46 metres at 1.90 grams gold per tonne). MLD145 contains 66 metres at a grade of 1.48 grams gold per tonne, which is the best intersection yet encountered in Southeast Zone.

The results described above are derived from a total of 4,734 metres of drill-core in fourteen holes, and complete the reporting of drill results from the 2004 Zone 1 drill program.

ZONE 4

Two holes drilled towards the end of the 2004 program in the Zone 4 area were collared approximately 800 metres along strike to the northwest of those drilled earlier and reported in October and December (which included hole HJD008, with 134 metres at a grade of 1.77 grams gold per tonne).
These were drilled to better define the limits of Zone 4 mineralization, and show an area of moderately mineralized rock on the cross section, concurring with the grades interpolated in AMEC`s 2001 block model for the Zone. Geological logging of the drill cores from these holes show evidence of post-mineralization faulting which has yet to be interpreted.

In addition to the drill core assays, the Company recently received assay results from over 400 2-metre channel samples taken from access roads in Zone 4.

Assays from these samples will help to define the mineralized zone and will provide surface grade data for inclusion in future resource estimates. However, most of the exposed bedrock on the access roads was oriented at a relatively low angle to the mineralized zone and there are breaks in the continuity of the sampling due to lack of exposure.

Therefore, full grade and width values for the zone cannot be determined from these results. Highest average grades were obtained from the area around grid line 1450 in the southern half of the zone. The following table shows selected continuous sample runs, their approximate location and angle to the strike of the mineralized zone:


Nearest Sampled Approximate Weighted Average
Run Zone 4 Width Angle to Grade
Number Grid Line (metres) Strike of Zone (gold grams/tonne)

S4 1400 22.0 45 degrees 0.80
S5 1450 18.0 70 degrees 1.69
S6 1450 18.0 70 degrees 2.25
S23 1950 23.0 70 degrees 0.93
S24 1950 12.0 45 degrees 1.12
S27 2050 22.0 80 degrees 0.77

PROJECT UPDATE

Beijing-based Sinorex Resource & Environmental Engineering, the primary drilling contractor for the Maoling project, has now resumed drilling in Zone 1 and in the Southeast Zone with three drill rigs. Work is initially focused on gathering geotechnical data for a proposed starter pit and tailings impoundment area, on geological drilling at the south end of Zone 1 and on extension and infill drilling on the Southeast Zone. Drilling will resume on the Zone 4 area later in the year.

A fourth round of baseline water sampling and testing is being planned for May, completing one full year of such data gathering for the project. Work has also commenced on preparing Chinese technical reports required for various government permit applications.

The pre-feasibility study for the development of Zone 1 is progressing well and is expected to be completed within the current quarter. This study contemplates the development of an open pit mine together with a conventional milling and CIL plant at Maoling, based on Zone 1`s Indicated Resources of 81.6 million tonnes at 1.2 grams gold per tonne, or 3.0 million ounces of gold. Future growth potential for the project includes the conversion of existing Inferred Resources in Zone 1, the Southeast Zone and Zone 4 (an aggregate of 100.4 million tonnes at 1.1 grams gold per tonne or 3.5 million ounces gold) to Indicated Resources and ultimately reserves, and the definition of extensions to mineralization in all three zones.


Ein weiterer Schritt in Richtung 10 mio oz.
Aktuell bei 3 CAD hält sich MUN doch recht gut. Mal sehen, was die pre-feasibility zu den Projekt- und Prod.kosten beinhaltet.

/CBX/

[chatterbox]

MUNDORO COMPLETES PRE-FEASIBILITY STUDY FOR DEVELOPMENT OF CHINA`S LARGEST GOLD MINE

Highlights
(US$ 400 per ounce gold /100% basis)

Indicated Resource (0.50 g/t cut-off) - 120.0 Mt @ 0.98 g/t = 3.8 M oz

Probable Reserve - 88.8 Mt @ 0.99 g/t = 2.8 M oz

Metallurgical Recovery - 93 %

NPV at 0% discount rate of USD 244 million and IRR of 18%

Average production for first six years of 364,000 ounces of gold per year

Pre-Production cost USD 235.1 million (Expansion Capital USD 63 Million)

Total Cash Operating Cost USD 187/ oz

Total Production Cost USD 271/ oz

Mine Life - 8 years

Ongoing drilling expected to significantly expand scope of project for final feasibility (expected in mid 2006 )


http://www.mundoro.com/s/NewsReleases.asp?ReportID=109754&_T…

The Study has considered only Maoling`s Indicated Resources of 120 million tonnes grading 1.0 gram gold per tonne (using a 0.50 gram gold per tonne cut-off grade) located in the northern half of Zone 1. The Company expects to further expand the scope of the project for the final feasibility study by upgrading some of the total Inferred Resources of 183 million tonnes grading 0.9 grams gold per tonne for 5.1 million gold ounces (0.50 grams gold per tonne cut-off grade) already defined on the project.

Conference call scheduled for June 15, 8 am PST.

[chatterbox]

China`s Largest Gold Deposit Deserves More Recognition

By David J. DesLauriers
27 Sep 2005 at 05:07 PM EDT


DENVER (ResourceInvestor.com) -- Mundoro Mining [TSX:MUN] is sitting on a total of 9 million ounces of gold in all categories at its Maoling gold project in China.

Despite this rather astounding reality, the company’s market capitalization adjusted for the financing currently in progress is less than C$100 million. This, while the better known Southwestern Gold [TSX:SWG] has a market capitalization that is a multiple of MUN’s, despite the fact that their deposit is arguably not as big, and is much further behind in the development timeline.


The question is why?

RI met with Robert Van Doorn today, the President of the company, and he told us in an exclusive interview that “the China discount perception has to be eroded, and Sino [ASX:SGX] and Eldorado [TSX:ELD] are helping with that.” Also, “people don’t believe [Mundoro] can do this with 1 g/t and still do $175 cash cost per ounce. We have to show them that this is real , and the feasibility study will help.”

The third reason that Mundoro is undervalued is partially the result of its own success. Mundoro’s IPO was so oversubscribed so rapidly that a limited number of institutions came aboard. Since then they have all added to their positions, creating a lack of liquidity, something needed for institutions to play. The ongoing financing for $25 million should help to bring some new interest to the story, and hopefully create some liquidity.

China

Van Doorn believes that investors need to understand that China is a good place to operate, and that the government at every level supports development. With 20 to 40 thousand miners killed in accidents annually, the government is working hard to improve practices, and adopt western methods. The result will be less accidents, less pollution, and will allow the Chinese to learn how to mine for themselves at some point.

With the central government pushing for development of the interior in general, and Liaoning province where MUN operates in particular, and with local officials promotions based on the economic results that they create, the government is definitely on the same side of the table as the company with regards to Maoling’s development.

Another oft asked question is how Mundoro got their hands on such a large deposit in the first place? The answer is that with the low grade, the Chinese did not have the know-how to develop the mine profitably, or environmentally responsibly – and in fact believed that Maoling’s rock was refractory, which has proven to not be so.

Going Forward (Milestones)

This all raises the question, what will catalyze a move in Mundoro shares in the next 12 months as the company conducts its feasibility study?

An updated resource will be issued in relatively short order and much of the inferred resource will be upgraded.
As the feasibility is ongoing, MUN will drill some exploration holes, and all indications are that Maoling has a lot more gold, probably eventually more than 10 million ounces.

Permitting milestones will reassure the market and create more and more reasons to buy as it becomes harder to objectively say no to China where the permitting process requires a lot of dotting the Is and crossing the Ts but is fairly straightforward.

The other good news is that the feasibility study should substantially improve on the pre-feasibility as it is quite possible that CAPEX will come down (optimistically down to $200 million) as MUN factors in Chinese costs, rather than the International costs that were used in the pre-feas.

Further, it is expected that there will also be an increase in IRR and life of mine average grade as material that was in the inferred category is upgraded and a larger resource is used for the study.

Conclusion

Since we last brought Mundoro to readers’ attention, first in late March, and again in mid-June, management has been busy creating shareholder value.

If Eldorado’s acquisition of Afcan Mining [TSX:AFK] for an all in cost of $325 per ounce (acquisition + CAPEX + cash cost) provides any guide, Mundoro should be trading north of C$5 as we speak. Indeed, as the market becomes more familiar with the story, that is the direction in which we should be heading.

/cbx/
(der immer noch mit 10 mio + oz rechnet und unter 5 CAD keinesfalls verkauft)