Handelsstop beendet
IIROC: Halt; Continental Gold Ltd
8/30/2010 10:11:24 AM - Market Wire
TORONTO, ONTARIO, Aug 30, 2010 (Marketwire via COMTEX News Network) --
--------------------------------------------------Company / Compagnie Continental Gold Ltd--------------------------------------------------TSX Symbol / Symbole CNL--------------------------------------------------Reason / Pending News
Motif--------------------------------------------------Halt Time (ET) / Heure de l'Arret 9:54 am--------------------------------------------------
SOURCE: Investment Industry Regulatory Organization of Canada (IIROC)
Investment Industry Regulatory Organization of Canada- IIROC 416-646-7299 inquiries@iiroc.ca www.iiroc.ca
Copyright (C) 2010 Marketwire. All rights reserved.
War mir bislang nicht bewusst, dass es sowas auch bei "positiven" News gibt. Ich dacht sowas gibt es nur bei "furchtbaren Ereignissen".
Also bis dann! In Erwartung auf BIG NEWS
Ralf
The Buriticá Gold Project
Buriticá is the company's highest priority property and is located in the Antioquía Department of Colombia, 75km northwest of Medellín. The project boasts excellent infrastructure with power and water readily available and accessibility guaranteed with paved roads.
Situated in a mineral-prolific region consisting of 18,000 hectares of high-grade gold veins and disseminated mineralization in breccias and sediments, Buriticá has a history of small-scale gold production and a bulk-sample operation continues to date. This property is characterized by a +500 meter 'Main Vein Zone' in a gold vein/breccia system located predominantly between two regional faults. Recent drilling by Continental Gold in the main vein zone has returned intersections of up to 79.09 g/t gold over 19.2 meters and 91.99 g/t gold over 7.0 meters. Continental Gold has also intersected a second, previously undetected, gold vein zone outside the Main Vein Zone which it refers to as the Veta Sur system. Initial results indicate this area contains the same type of high grade material as the main zone, returning results such as 12.18 g/t of gold over 38.1 meters and 12.01 g/t gold over 34.9 meters. Additional drilling is planned for this new Veta Sur system to determine its extent.
Continental's Progress at Buriticá
The mineralization at Buriticá consists of a porphyry-related carbonate base metal and gold vein and breccia system that has yielded numerous important areas of mineralization and several additional targets to be tested. Since the first discovery-hole in late 2007, Continental has completed over 17,000 metres of diamond drilling and over 1,200 metres of underground development at this project.
However, despite the significant drilling already undertaken at the property, the company believes Buriticá has more to offer. The project is now at the resource definition stage and, as well as planning an NI 43-101 mineral resource estimate within the next 12 months, Continental intends to complete 30,000 to 60,000 meters of drilling to explore the significant additional high grade vein potential and the lower grade disseminated gold potential they believe exists in several areas on the property. During the second and third quarters of 2010, Continental will have a minimum of four drills operating on the Buriticá property to complete a program of step-out drilling around the main vein corridor, to test areas outside this corridor
Dominical, Dojura and Santander
While Buriticá and Berlin are Continental's highest priorities, the company also has several other promising projects simmering on the back burner, including a joint venture with AngloGold Ashanti on the Dojura project. Located in the Choco Department of Colombia and covering 37,235 hectares, Dojura constitutes a large area of porphyry-style alteration with significant historical alluvial gold production. The JV states that AngloGold Ashanti can earn up to 75% interest over three years by spending US$6.9 million in combined option payments and on exploration and development.
Also worth keeping an eye on are the Dominical and the Santander gold projects. The 100%-owned, 6,500 hectare Dominical property is a grass roots discovery of epithermal vein systems with strike extents of 400 – 1,500 meters. Chip samples produced 1.15 grams per tonne of gold at 12 meters, 1.00 grams at 24 meters and 0.86 grams at 30 meters.
The 100%-owned Santander project covers 6,000 hectares of concessions and is located near Ventana Gold's La Bodega property. Known, yet again, for historical high-grade production; Santander is situated on a belt in which the most prominent global gold rush is now occurring.
Brazil’s Colossus Minerals (TSX: T.CSI, Stock Forum) is building its decline at Serra Pelada in Brazil, CEO Ari Sussman tells me today. Mr. Sussman, a Toronto financier, and one of the very good ones, sent photos. (See photo here.) The gold-platinum prospector expects fresh drill data in September. “We have commenced construction for a 2,500-metre decline (ramp) that will serve multi purposes. Firstly, it will allow us to drill off the high grade ore body from underground as surface drilling conditions are challenging (although we are presently drilling with four rigs from surface). Secondly, the ramp will serve as the main ore haulage passage for production. We anticipate phase 1 production to commence in 2012. We should have new drilling results out in early September, which were focused on two new zones we accidentally discovered through geo-tech drilling.” Colossus shares are doing as well as Ari Sussman’s other company, Continental Gold in Colombia.
http://www.stockhouse.com/Columnists/2010/Aug/25/These-junior-miners-have-been-big-winners
Nur- wer interessiert sich hier für einen Wert, der fast täglich zu einem neuen ATH rennt?
Schade eigentlich...Gehandelt wird Continental ( WKN: A1CW79 ) in Deutschland so gut wie gar nicht. Der Handel findet ehr in Kanada ( ISIN: BMG238501032 , TSX:CNL ) statt
- Veta Sur BUSY-79 , intersected 14.3 metres at 446g/t gold and 166g/t silver including 3.0 metres at 2106.1g/t gold and 738.7g/t silver
- Other significant new Veta Sur intercepts include BUSY-66: 8.50 metres at 23.67g/t gold and 149g/t silver and BUSY-68: 4.70 metres at 85.44g/t gold and 71g/t silver
Toronto, Ontario, August 31, 2010 - Continental Gold Ltd. ("Continental" or the "Company") (TSX:CNL) is pleased to announce the first results of the 2010 drilling campaign in the Veta Sur and Yaragua vein systems plus a new discovery on the Company´s 100%-owned Buriticá Gold Project, Antioquia Province, Colombia.
Highlights
•Drill-hole BUSY-79, in the Veta Sur system, intersected 14.3 metres at 446g/t gold and 166g/t silver including 3.0 metres at 2106.1g/t gold and 738.7g/t silver;
And separately, 5.5 metres at 100.2g/t gold and 88.3g/t silver
•These bonanza grade intercepts represent a newly recognized style of mineralization which overprints the base metal carbonate gold may be more widespread in the broader (2.5x0.7kms) Buriticá mineralized system.
•Drilling in Veta Sur has now outlined gold mineralization over 400 metre horizontal and 350 metre vertical extents and which is open laterally and at depth. Other significant new Veta Sur intercepts include BUSY-66: 8.50 metres at 23.67g/t gold and 149g/t silver and BUSY-68: 4.70 metres at 85.44g/t gold and 71g/t silver
•Further drilling in the Yaragua system has demonstrated:
◦continuity of the San Antonio high grade vein set over horizontal and vertical extents of more than 400 metres. Significant new intercepts include BUSY-73: 5.9 metres at 21.34g/t gold and 49g/t silver plus 3.90 metres at 31.98g/t gold and 40g/t silver (Footwall Vein)
◦potentially economic thickness and grades of Vein B over 350 metres horizontal and 300m vertical extents including BUUY-35: 8.85 metres at 10.28g/t gold and BUUY-38: 9.30 metres at 6.37g/t gold and 44g/t silver
◦numerous other intersections of additional veins in the vicinity of Vein B
•Busy-63 intersected 1.5 metres at 64.82g/t and 2.7 metres at 5.87g/t gold, representing a newly discovered vein system under a soil geochemical anomaly to the north of the Yaragua vein system.
Continental Gold drills 14.3 m of 445.99 g/t Au
2010-08-31 09:21 ET - News Release
Ms. Naomi Nemeth reports
CONTINENTAL GOLD DRILLS 14.3 METRES AT 446G/T GOLD AND 166G/T SILVER IN THE VETA SUR SYSTEM, BURITICA GOLD PROJECT, COLOMBIA
Continental Gold Ltd. has released the first results of the 2010 drilling campaign in the Veta Sur and Yaragua vein systems plus a new discovery on the company's 100-per-cent-owned Buritica gold project, Antioquia province, Colombia.
Highlights
-- Drill-hole BUSY-79, in the Veta Sur system, intersected 14.3 metres at 446g/t gold and 166g/t silver including 3.0 metres at 2106.1g/t gold and 738.7g/t silver; And separately, 5.5 metres at 100.2g/t gold and 88.3g/t silver -- These bonanza grade intercepts represent a newly recognized style of mineralization which overprints the base metal carbonate gold may be more widespread in the broader (2.5x0.7kms) Buritica mineralized system. -- Drilling in Veta Sur has now outlined gold mineralization over 400 metre horizontal and 350 metre vertical extents and which is open laterally and at depth. Other significant new Veta Sur intercepts include BUSY-66: 8.50 metres at 23.67g/t gold and 149g/t silver and BUSY-68: 4.70 metres at 85.44g/t gold and 71g/t silver -- Further drilling in the Yaragua system has demonstrated: -- continuity of the San Antonio high grade vein set over horizontal and vertical extents of more than 400 metres. Significant new intercepts include BUSY-73: 5.9 metres at 21.34g/t gold and 49g/t silver plus 3.90 metres at 31.98g/t gold and 40g/t silver (Footwall Vein) -- potentially economic thickness and grades of Vein B over 350 metres horizontal and 300m vertical extents including BUUY-35: 8.85 metres at 10.28g/t gold and BUUY- 38: 9.30 metres at 6.37g/t gold and 44g/t silver -- numerous other intersections of additional veins in the vicinity of Vein B -- Busy-63 intersected 1.5 metres at 64.82g/t and 2.7 metres at 5.87g/t gold, representing a newly discovered vein system under a soil geochemical anomaly to the north of the Yaragua vein system.
http://www.stockwatch.com/News/...1757052&symbol=CNL®ion=C
Continental Gold arranges $57-million private placement
2010-08-31 16:27 ET - News Release
Ms. Naomi Nemeth reports
CONTINENTAL GOLD LIMITED ANNOUNCES $57,000,000 PRIVATE PLACEMENT FINANCING
Continental Gold Ltd. has entered a financing agreement pursuant to which a syndicate co-led by TD Securities Inc. and Clarus Securities Inc. has offered to purchase, on a bought deal private placement basis, 10 million units of Continental at a price of $5.70 per unit, for total gross proceeds of $57-million. Continental Gold has also granted the underwriters an option to purchase up to an additional two million units, which is exercisable by the underwriters at any time up to two business days prior to closing.
Each unit will consist of one common share and one-half of one common share purchase warrant. Each whole warrant shall entitle the holder to acquire an additional common share at a price of $7.50 during the period ending 24 months following the closing of the offering. In the event that the closing sale price of Continental's common shares on the Toronto Stock Exchange is greater than $9.75 per share for a period of 20 consecutive trading days, at any time after closing of the offering, the company may accelerate the expiry date of the warrants by giving notice to the holders thereof. In such case, the warrants will expire on the 30th day after the date on which such notice is given by the company.
The units issued with respect to the offering will be subject to a four-month hold period in accordance with applicable Canadian securities laws.
The closing of the offering is expected to occur on or about Sept. 16, 2010, and is subject to receipt of all necessary regulatory approvals, including that of the TSX.
The net proceeds from the offering will be used to finance development of Continental's mineral properties in Colombia and for general corporate purposes.
We seek Safe Harbor.
CNL explodiert förmlich in Kanada.
http://www.stockwatch.com/Quote/Detail.aspx?symbol=CNL®ion=C
14.3 metres at 446g/t Gold and 166g/t Silver
19.2 meteres at 79.09 g/t Gold
9.30 metres at 6.37g/t gold and 44g/t silver
8.85 metres at 10.28g/t gold and 11g/t Silver
8.50 metres at 23.67g/t gold and 149g/t silver
7.0 meteres at 91.99 g/t gold
5.9 metres at 21.34g/t gold and 49g/t silver
5.5 metres at 100.2g/t gold and 88.3g/t silver
4.70 metres at 85.44g/t gold and 71g/t silver
3.90 metres at 31.98g/t gold and 40g/t silver
3.0 metres at 2106.1g/t Gold and 738.7g/t Silver
2.1 metres at 258g/t gold
1.5 metres at 64.82g/t gold
1.2 metres at 61.43g/t gold
2.7 metres at 5.87g/t gold
ANDEAN DEFINES WIDE BONANZA-GRADE MINERALIZATION AT
MARIANA CENTRAL
July 19, 2010, Salt Lake City, UT -- Andean Resources (ASX/TSX: AND) is pleased to announce the highest-grade results to date from the ongoing exploration program at its wholly owned Cerro Negro Project in Santa Cruz Province, Argentina. Highlights from the Mariana Central vein intercepts include:
Mariana Central – Bonanza grades and significant widths
MDD-1025: 8.5m of 46.1 g/t Au and 157 g/t Ag from 105.3m
MDD-1028: 8.65m of 33.3 g/t Au and 460 g/t Ag from 149.5m and
10.1m of 143.0 g/t Au and 1219 g/t Ag from 188.4m
MDD-1049: 2.6m of 54.6 g/t Au and 42 g/t Ag from 161.2m and
10.6m of 44.5 g/t Au and 97 g/t Ag from 170.3m
MDD-1050: 9.0m of 127.1 g/t Au and 272 g/t Ag from 168.0m
MDD-1051: 7.0m of 52.0 g/t Au and 240 g/t Ag from 119.0m
MDD-1054: 3.5m of 17.7 g/t Au and 51 g/t Ag from 102.0m
MDD-1056: 2.0m of 36.0 g/t Au and 1172 g/t Ag from 178 and
14.5m of 55.3 g/t Au and 618 g/t Ag from 181.5
MDD-1057: 15.3m of 21.1 g/t Au and 72 g/t Ag from 165.4m
MDD-1058: 9.2m of 34.9 g/t Au and 414 g/t Ag from 122.1m
Interesse ist auch nicht da, sonst würde ich hier nicht alleine unterhalten
Ähnlich geht es mir wie dir bei RPT Uranium, ist genau so aussichtsreich, hier fast kein interesse.
Kann aber alles mit der zeit noch kommen.
Ich bin u. bleib dabei 8EURO das absolute Mininum
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED
STATES
Continental Gold Ltd. ("Continental" or the "Company") (TSX:CNL), is pleased to
announce the closing of its previously announced financing with a syndicate
co-led by TD Securities Inc. and Clarus Securities Inc. and including Dundee
Securities Corporation, GMP Securities L.P. and Macquarie Capital Markets Canada
Ltd. (collectively, the "Underwriters") pursuant to which the Company issued, on
a private placement basis, 12,000,000 units (the "Units") of the Company at a
price of $5.70 per Unit (the "Issue Price") for total gross proceeds of
$68,400,000 (the "Offering"). The financing included the initial agreement to
acquire 10,000,000 Units and the exercise, in full, by the Underwriters of an
Underwriters' option granted to the Underwriters to arrange for purchasers of an
additional 2,000,000 Units. PowerOne Capital Markets Limited acted as a
financial advisor with respect to the Offering.
Each Unit consists of one common share and one-half of one common share purchase
warrant. Each whole warrant entitles the holder to acquire an additional common
share at a price of $7.50 during the period ending 24 months following the
closing of the Offering. In the event that the closing sale price of the
Company's common shares on the Toronto Stock Exchange is greater than $9.75 per
share for a period of 20 consecutive trading days at any time after closing of
the Offering, the Company may accelerate the expiry date of the warrants by
giving notice to the holders thereof and in such case the warrants will expire
on the 30th day after the date on which such notice is given by the Company.
The net proceeds from the Offering will be used to fund development of the
Company's mineral properties in Colombia and for general corporate purposes.
All securities issued with respect to the Offering will be subject to a four
month hold period in accordance with applicable Canadian securities laws. In
connection with the Offering, the Underwriters are to be issued that number of
compensations options equal to 6.0% of the number Units sold pursuant to the
Offering, subject to shareholder and regulatory approval. Each compensation
option entitles the holder to acquire one Unit for period of 24 months after the
closing date.
The total number of common shares issuable pursuant to the Offering on a
fully-diluted basis (assuming the exercise of: (i) all warrants; (ii)
compensation options; and (iii) warrants issuable upon exercise of the
compensation options) totals 19,080,000 shares and would represent 25.7% of the
Company's 74,304,365 common shares issued and outstanding upon announcement of
the Offering on August 31, 2010. The Toronto Stock Exchange (the "TSX")
generally requires that a majority of shareholders approve of such a private
placement, as a condition of is completion, where the issuer issues, or may at
some point in the future issue, that number of listed securities equal to or
greater than 25% of its then issued and outstanding listed securities. Exclusive
of the compensation options, the total number of listed securities issuable
pursuant to the Offering (on a fully-diluted basis) totals 18,000,000; less than
25% of the issued and outstanding common shares.
The TSX has permitted the Offering to close with issuance of the Compensation
Options subject to delivery of written evidence that holders of more than 50% of
the voting securities of the listed issuer are familiar with the terms of the
proposed transaction and are in favour of it. The Offering has not had any
effect on control of the Company, and there is no participation by insiders. The
Company has received the requisite written evidence from a majority of the
holders of voting shares approving the Offering and, therefore, issuance of the
Compensation Options will be made on September 23, 2010, subject to TSX
approval.
This news release does not constitute an offer to sell or a solicitation of an
offer to buy any of the securities in the United States. The securities have not
been and will not be registered under the United States Securities Act of 1933,
as amended (the "U.S. Securities Act") or any state securities laws and may not
be offered or sold within the United States or to U.S. Persons unless an
exemption from such registration is available.
About Continental Gold Limited
Continental Gold Limited is an advanced-stage exploration company with eight
gold projects covering 200,000 hectares in Colombia. Spearheaded by a management
team with over 40 years of exploration and mining experience in South America,
the Company has begun an aggressive exploration program on its extensive
portfolio of properties with a focus on its flagship high-grade gold project,
Buritica and Berlin, a second project with an aggressive exploration mapping and
drilling program underway. Additional details on the Buritica project and the
rest of Continental Gold's suite of gold exploration properties are available at
www.ContinentalGold.com.
Forward-Looking Statements
This press release contains or refers to forward-looking information, including
statements regarding the estimation of mineral resources, exploration results,
potential mineralization, proposed use of financing proceeds, exploration and
mine development plans, timing of the commencement of operations and estimates
of market conditions, and is based on current expectations that involve a number
of business risks and uncertainties. Factors that could cause actual results to
differ materially from any forward-looking statement include, but are not
limited to, failure to convert estimated mineral resources to reserves, capital
and operating costs varying significantly from estimates, the preliminary nature
of metallurgical test results, delays in obtaining or failures to obtain
required governmental, environmental or other project approvals, political
risks, uncertainties relating to the availability and costs of financing needed
in the future, changes in equity markets, inflation, changes in exchange rates,
fluctuations in commodity prices, delays in the development of projects and the
other risks involved in the mineral exploration and development industry.
Forward-looking statements are subject to significant risks and uncertainties,
and other factors that could cause actual results to differ materially from
expected results. Readers should not place undue reliance on forward-looking
statements. These forward-looking statements are made as of the date hereof and
the Company assumes no responsibility to update them or revise them to reflect
new events or circumstances other than as required by law.