Mustang Minerals
Erstes Ziel:
0,124
24,00%
- Gattung:Aktie
- Branche:Rohstoffe
- Währung:EURO
- ISIN:CA6281981036
Da denke ich werden wir in Cents hinlaufen!
GM
nur keine aktie
bißchen über 9000 euro umsatz heute
was da wohl explodiert
hirn vielleicht
wenn ich diese pusherei schon wieder lese
verkauft euch doch die aktie gegenseitig
denn kommt bestimmt volumen rein
hahahahaha
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| Boardmail an "al56hg" |
Wertpapier: Mustang Minerals |
Mustang Expands the Maskwa Open Pit Resource to Exceed 56,000 Tonnes Contained Nickel
TORONTO, ONTARIO--(Marketwire - Oct. 26, 2009) - The Board of Directors of Mustang Minerals Corp., (TSX VENTURE:MUM)(FRANKFURT:NJF) today announced the results of an updated open pit resource estimate for the Maskwa Nickel Deposit.
The results represent a significant upgrade to contained metal within the optimized open pit portion of the deposit. The Company is proceeding with the completion of a revised mine design to estimate a new proven and probable reserve based on the updated resource.
The updated resource is estimated to contain 56,510 tonnes of nickel metal in the indicated category and 4,170 tonnes of nickel metal in the inferred category. This updated mineral resource marks an increase of 3,830 tonnes of nickel in the indicated category and an increase of 3,720 tonnes of contained nickel in the inferred category, from the comparable results which were established in the Prefeasibility Study and presented in the NI 43-101 Technical Report(1) dated May 2008.
The October 14, 2009 resource estimate, prepared by Micon International Limited (Micon), presents mineral resources contained within an optimized open pit generated using the Whittle software package, and is summarized in Table 1. The previously reported Open Pit portion of the Maskwa resource, estimated as part of the May 2008 Prefeasibility Study, is shown in Table 2 for comparison:
Table 1
Mineral Resource Estimate as at October 14, 2009
Prepared by Micon International Limited
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Resource Ni Cu Co Pt Contained
Category Tonnes (%) (%) (%) (g/t) Pd (g/t) Ni tonnes
--------------------------------------------------
Indicated 10,275,000 0.55 0.11 0.01 0.10 0.35 56,510
--------------------------------------------------
Inferred 1,669,000 0.25 0.07 0.01 0.05 0.15 4,170
--------------------------------------------------
Refer to footnotes 2-7 for explanations and criteria
Table 2
Open Pit portion of Mineral Resource as at May 2008
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Resource Ni Cu Co Pt Contained
Category Tonnes (%) (%) (%) (g/t) Pd (g/t) Ni tonnes
--------------------------------------------------
Measured/
Indicated 8,232,000 0.64 0.13 0.02 0.11 0.38 52,680
--------------------------------------------------
Inferred 107,000 0.42 0.14 0.02 0.04 0.12 450
--------------------------------------------------
The Indicated mineralization comprises a higher grade core grading over 1% nickel and an adjacent flanking zone of disseminated, lower grade mineralization, both of which have excellent continuity and together average 0.55% nickel within the open pit shell. The resource is estimated using a cut-off net smelter return value of CDN$ 16.34 per tonne. A total of 150,000 ounces of platinum group metals are also contained in the indicated resource, plus payable copper and cobalt credits. Metal payability has been based on indicative terms received from a smelter as part of the prefeasibility study.
Core sampling and assaying during 2009 focussed on the recently discovered hanging wall zone which occurs to the south of, and parallel to, the main mineralized zone. Metallurgical testing with representative samples of this mineralization has shown that metal recovery to a concentrate is excellent, thereby allowing the use of the stated cut-off value to this lower grade material. Micon applied the category of inferred to this mineralization, a total of 1.67Mt containing 0.25% Ni, and Mustang is planning work to upgrade a large portion of the total to the indicated resource category.
Metal prices used to calculate the new resource were the same as for the May 2008 prefeasibility study and included nickel at $US 8 per pound and copper at US$ 2.20 per pound. Updated parameters incorporated into the new resource model included additional drill hole and sampling assay results compiled over the last two years, standardization of assay procedures, and application of a metal grade recovery curve ( based on completed metallurgical test work ) to more accurately estimate the recovery of metal by grade range in the deposit.
The Company is moving ahead with an updated reserve calculation for the Maskwa Project based on the enhanced open pit resource and an updated mine design (currently in process) and will be reported as soon as possible.
Ian Ward P.Eng. is the Qualified Person for Mustang Minerals Corp. for purposes of National Instrument 43-101.
(1) The resource reported from the Prefeasibility Study of the Maskwa project as disclosed in the May 2008 Technical Report is referred to by Wardrop as "Wardrop estimate based on Micon pit".
2 Mineral resources which are not mineral reserves do not have demonstrated economic viability. The estimate of mineral resources may be materially affected by environmental, permitting, legal, title, taxation, socio-political, marketing, or other relevant issues.
3 The quantity and grade of reported inferred resources in this estimation are uncertain in nature and there has been insufficient exploration to define these inferred resources as an indicated or measured resource and it is uncertain if further exploration will result in upgrading them to an indicated or measured category.
4 The definitions for resource categories used are consistent with Canadian Institute of Mining, Metallurgy and Petroleum (CIM) standards as of August, 2000 which is incorporated by reference in Ni 43-101.
5 The metal prices used in this estimate are nickel -US$8.00/lb, copper-US$2.20/lb, cobalt-US$20.00/lb, platinum-US$1500/oz, palladium- US$350/oz. The US: Canadian dollar exchange rate used is 0.90:1.00. A Net smelter Return cut-off value of CDN$ 16.34/tonne was applied to represent projected total project operating costs based on the recent prefeasibility study estimate. Metal recovery values were determined for a range of each metal feed grade by recently completed metallurgical testing on composites of Maskwa mineralization. SG values were determined from a large selection of Maskwa core samples. Pit slopes were based on values recommended by Golder Associates after geotechnical site studies. Tonnages have been rounded to reflect the level of accuracy of the estimate.
6 Further to the disclosure of sampling and assaying procedures in the May 2008 Technical Report, almost entirely all of the new samples were prepared by Maskwa staff and assayed by Accurassay Laboratories in Thunder Bay, Ontario. Nickel, copper and cobalt were determined by aqua regia digestion and atomic absorption methods. Platinum and palladium were determined by fire assay procedure with AA finish. A series of blanks, duplicates and standards were submitted by Mustang as standard QA/QC procedure and the results applied to the verification of the block model.
7 Micon imported the drill database after data verification into "Surpac" modelling software to create the geological block model. The block model was constrained by wireframes drawn to enclose mineralization with nickel content of greater than or equal to 0.16%Ni, this being the value calculated to cover potentially economic mineralization excluding the mining cost, based on the parameters in 5.
To find out more about Mustang Minerals Corp. (TSX-V: MUM) visit our website at www.mustangminerals.com.
We seek safe harbour.
This news release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and forward-looking information within the meaning of the Securities Act (Ontario) (together, "forward-looking statements"). Such forward-looking statements may include the Company's plans for its mineral projects in Manitoba, the overall economic potential of its properties, the availability of adequate financing and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements expressed or implied by such forward-looking statements to be materially different. Such factors include, among others, risks and uncertainties relating to potential political risk, uncertainty of production and capital costs estimates and the potential for unexpected costs and expenses, physical risks inherent in mining operations, currency fluctuations, fluctuations in the price of nickel and other metals, completion of economic evaluations, changes in project parameters as plans continue to be refined, the inability or failure to obtain adequate financing on a timely basis, and other risks and uncertainties, including those described in the Company's Management Discussion and Analysis for the most recent financial period and Material Change Reports filed with the Canadian Securities Administrators and available at www.sedar.com.
This news release uses the terms "inferred resources", "indicated resources", "measured resources" and "proven and probable reserves". The Company advises investors that although these terms are recognized and required by Canadian securities regulations (under National Instrument 43-101 "Standards of Disclosures for Mineral Projects"), the US Securities and Exchange Commission does not recognize these terms. Investors are cautioned not to assume that any part or all of the mineral deposits in these categories will ever be converted into reserves and be economically feasible.
Shares Outstanding: 81,228,239
The TSX Venture Exchange has not reviewed and does not accept responsibility for the
Hier bei dieser Aktie sehe ich kurzfristig Potenial von mind. 50% !
(CA03759V1085)
Thu Nov 19, 10:15 AM
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TORONTO, ONTARIO--(Marketwire - Nov. 19, 2009) - The Board of Directors of Mustang Minerals Corp., (TSX VENTURE: MUM.V)(FRANKFURT: NJF.F)("Mustang") today announced that Mustang and the Manitoba based Sagkeeng First Nation had concluded and signed an Agreement, in the form of a Memorandum of Understanding (MOU) dated November 18, 2009. The Agreement is modeled on the Memorandum of Understanding between the Mining Association of Manitoba and the Manitoba Keewatinowi Okimakanak, Inc., a Manitoba First Nation organization.
The Agreement is the first step in the process of engagement between Mustang and the Sagkeeng to promote greater participation in the mineral industry by the Sagkeeng First Nation as well as greater understanding and co-operation between the Sagkeeng First Nation and Mustang Minerals Corp. - a mineral exploration and development Company focused on responsible and sustainable mineral development. The Memorandum of Understanding is intended to enhance and support the recognition and an enhanced mutual understanding of constitutionally established aboriginal and treaty rights and economic development processes and opportunities within the current regulatory framework for both parties.
Mustang's most advanced project is the Maskwa Nickel project for which a prefeasibility study was completed in May 2008. Since that time Mustang has continued exploration and project development activities at the project. An updated resource estimate was announced October 26, 2009 for the project. Mustang will henceforth call the project the "Makwa" Nickel Project to reflect the Ojibway pronunciation for the word "bear".
Mustang's other exploration interests in southeast Manitoba which are within the Sagkeeng FN traditional land area are the Mayville copper-nickel project and the Irgon lithium-rare earths project.
Ian Ward P.Eng. is the Qualified Person for Mustang Minerals for this release under National Instrument 43-101.
To find out more about Mustang Minerals Corp. (TSX-V: MUM.V) visit our website at www.mustangminerals.com.
We seek safe harbour.
This news release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and forward-looking information within the meaning of the Securities Act (Ontario) (together, "forward-looking statements"). Such forward-looking statements may include the Company's plans for its mineral projects in Manitoba, the overall economic potential of its properties, the availability of adequate financing and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements expressed or implied by such forward-looking statements to be materially different. Such factors include, among others, risks and uncertainties relating to potential political risk, uncertainty of production and capital costs estimates and the potential for unexpected costs and expenses, physical risks inherent in mining operations, currency fluctuations, fluctuations in the price of nickel and other metals, completion of economic evaluations, changes in project parameters as plans continue to be refined, the inability or failure to obtain adequate financing on a timely basis, and other risks and uncertainties, including those described in the Company's Management Discussion and Analysis for the most recent financial period and Material Change Reports filed with the Canadian Securities Administrators and available at www.sedar.com.
Shares Outstanding: 81,228,239
The TSX Venture Exchange has not reviewed and does not accept responsibility for the contents of this press release.
Contacts
David Black
Mustang Minerals Corp.
Investor Relations
416-955-4773
info@mustangminerals.com
Nu habe ich mir auch mal 5000 Stückchen zu 0,083€ ins Depot gelegt
Ich bin ja Meredith Fan, der wird das Ding schon machen - haha
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Wertpapier: Mustang Minerals |
Na, wenn hier noch "ein Grosser" Geld nachlegt zu 0,13Can$, dann bin ich ja mit meinen 0,083€ ja genau richtig eingestiegen.
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Wertpapier: Mustang Minerals |
...Explorationsprogramm 2010
...usw
http://www.mustangminerals.com/english/Nov_16_09.pdf
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Wertpapier: Mustang Minerals |