Golden Patriot
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| Eröffnet am: | 02.05.06 10:43 | von: Cincinnati | Anzahl Beiträge: | 38 |
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2007-01-12 03:01 ET - News Release
Trading Symbols:
GPTC - OTCBB
GPU - Frankfurt Stock Exchange
784832 - WKN No.
LAKE SUCCESS, NY, Jan. 12 /CNW/ - Golden Patriot, Corp. ("Golden Patriot") (OTCBB: GPTC) (Frankfurt Stock Exchange: GPU: 784832-WKN)) is extremely pleased to announce that the assay results of the recently completed drill program on the Lucky Boy Uranium Property has been received by the operator and the following positive results has been ascertained. The recent reverse circulation drill program, totaling 3,430 feet in 23 holes, testing geological and anomalous areas of the Lucky Boy Uranium Property in Gila County, Arizona has been successful in delineating significant mineralization over a strike length of approximately 396 feet. Bradley Rudman, president of Golden Patriot, stated, "It is great news that this phase of our drill program produced significant mineralization over sufficient lengths. We have been told that economic grade uranium has been found and that a trend of mineralization has been ascertained. The next phase will now focus on the area of mineralization to prove out the potential tonnage and grades available to take us to the next phase of the program and ultimately to the goal of putting the Lucky Boy Prospect into production. 2007 could prove to be a watershed year in the short and long term growth of the company. Golden Patriot is one of the smallest capitalized junior uranium companies that has achieved successful uranium drilling results, and we feel that as this prospect is ultimately developed, Golden Patriot might provide tremendous Future leverage within the uranium segment of the market."
Drilling also suggests a NE/SW trend to the mineralization which is open along strike. Intercepts of interest included hole No. 2 returning 10 ft of (.12%) 2.4 lbs per ton U from a depth of 60 to 70 feet, hole No. 21 returning 5 ft of (.13%) 2.6 lbs per ton or 10 ft of (.092%) 1.84 lbs per ton U from a depth of 85-95 ft, and hole No. 9 yielding 5 ft of (.12%) 2.4 pounds per ton from a depth of 150-155 ft.
Systematic sampling of the adit, centered within the presently drill indicated zone of mineralization, has defined a potential core area of higher grade mineralization. Analysis with a portable, X-Ray fluorescence analyzer (NITON) has returned readings ranging from (.42% to .71%) 8.4 lbs per ton to 14.2 lbs per ton U. Readings taken from the back of the adit and adjacent to a production stope returned extremely anomalous readings and samples have been sent to IPL laboratories of Richmond B.C. for verification analysis.
Historically, the Lucky Boy property has seen two periods of production. In the early 1950\'s, 2,500 tons grading (.16%) 3.2 pounds per ton was shipped to a government buying station. During the 1970\'s, and following delineation of two blocks of ore by shallow air-track drilling, a .5 acre leach pad and complete on-site, yellow cake recovery plant was put into production. Open pit mining of material from near surface to a depth of about 25 feet, and grading between (.1 to .2%) 2 lbs per ton to 4 lbs per ton U, is reported to have produced roughly 5,000 lbs of refined yellow cake. During the time it was determined that torbernite, a secondary uranium copper phosphate mineral developed along fracture faces, was the dominant uranium mineral present.
Recent drilling and geologic interpretation strongly suggests that untested mineralization shallows in depth along a northeasterly trend. Planning is currently underway to test this high priority target. Recent work has confirmed that at least 10 cased, air track holes drilled in the 1970\'s are open and are within this new zone of interest. Results of this work will help guide a second phase of drilling consisting of close spaced core-drilling holes. With respect to potential open pit mining, confirmation of relatively shallow mineralization lying roughly parallel to slope would be highly favorable.
von dort aus ging es wieder weiter richtung süden---->bis auf 0,03€!!!!
nun stehen wir wieder bei 0,045€...
volumen ist zwar nicht sooo enorm hoch,aber im amiland stehen sie schon jetzt bei +17,5%
frankfurt heute +7,14%
ist sie wieder auferstanden???
jetzt nur noch hoffen, dass eine Aufholjagd gestartet wird...:))
ist jemand von euch hier noch investiert???
Golden Patriot Corp. Receives Favorable Uranium Survey
Golden Patriot Corp. (OTCBB:GPTC) announces the conclusions from the recently completed Radon Survey conducted by GeoXplor Corp. headed by John Rud, Geologist M.Sc. on the Lucky Boy Uranium Project in Gila County, Arizona.
1) The completed Radon Survey over the central region of the Lucky Boy mineral claim block defines a 500ft x 500ft area of high anomalous radon gas occurrences. Data complied over the past several years has indicated a direct correlation between radon gas and uranium mineralization. The pattern on the radon anomaly is consistent with the prior sampling completed in the open pit and undergrounds mine workings.
2) The anomalous area delineated by the radon survey north and east of the Lucky Boy mine workings have the potential to contain approximately 500,000 tons of mineralized material with a grade of 0.12% U3O8 (based on historical production data).
3) The most favorable host rock, gray unit of the upper member of the Dripping Spring Quartzite, crops out in the open pit area of the old mine workings. The average grade of the uranium ore loaded on the leach pad exceeds 0.10% U3O8 (2 pounds per ton).
Mr. Rudman, GPTC´s CEO, stated, "This Radon Survey performed by such a prestigious geologist as John Rud M.Sc. gives GPTC a sense of urgency to apply for new drill permits and a new plan of operations to prove up the tonnage that is stated in the GeoXplor Corp. report. With Uranium trading around $73/pound, these tonnage figures estimated by John Rud M.Sc. can be a potential windfall for Golden Patriot, Corp."
Golden Patriot is a junior exploration company that has active interests in both uranium and gold prospects. To receive timely updates and information on any future developments as they occur please email us at info@goldenpatriotcorp.com.
Disclaimer: This announcement may contain forward-looking statements which involve risks and uncertainties that include, among others, limited operating history, limited access to operating capital, factors detailed in the accuracy of geological and geophysical results including drilling and assay reports; the ability to close the acquisition of mineral exploration properties, and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. More information is included in Golden Patriot, Corp. Filings with the Securities and Exchange Commission, and may be accessed through the SEC´s web site at http://www.sec.gov.
© Business Wire
aber ist immens klein und unerfahren, und wirkt auch so aus .. einfach amateur haft...
im grunde ist das hier ein reiner zock .. aber man sollte hier nichts grosses erwarten meiner meinung nach .....
Calgary, AB - (Newsfile) Golden Patriot Corp (AEB) bekannt, dass es voran mit der Übernahme der Planung und wird derzeit geprüft, verschiedene Geschäftsmöglichkeiten. Der Verwaltungsrat hat zudem die Genehmigung zu Finanzierungsmöglichkeiten für solche Übernahme zu prüfen gegeben.
8k Meldung kam am 30.11.2010
http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=7268449
danke fuer die Nachrichten. Hatte mich vorgestern auch mal eine halbe Std nach Informationen gesucht. Hatte aber nichts Interessantes gefunden.
Schoen,dass die Aktie heute wenigstens bei 0,01euro geblieben ist. So bin ich nur noch 90% im Minus!! Wer weiss vielleicht zieht die Aktie ja doch noch weiter an in den naechsten Wochen. Mir bleibt eh nichts mehr uebrig, als abzuwarten.
Golden Patriot ist eine meiner Sorgenaktien. Ansonsten habe ich Finavable Renovable als grosse Minusaktie, aber auch die hat sich in den letzten Tagen immer mehr erholt.
Gruss