Exeter 22.9 Mio Unzen Gold
Die sind nämlich auch noch hier aufgelistet: http://www.irw-press.com/dokumente/XRC_Tabelle1_140909.pdf
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- hehe
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Kurs
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| 5,25 $ | 4,76 $ | 1,53 M $ | +10,29% |
Handelsplatz: AMEX Stand: 16:47
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...equivalent.
Vielleicht gehen Bilder ja besser rein. Ich versuchs mal.
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VANCOUVER, BRITISH COLUMBIA, Sep 22, 2009 (MARKETWIRE via COMTEX News Network) --
Exeter Resource Corporation (TSX VENTURE: XRC)(NYSE Amex: XRA)(FRANKFURT: EXB) - ("Exeter" or the "Company") is pleased to report on progress from its in-fill drilling program on the high grade Escondida Vein at Cerro Moro in Santa Cruz Province, Argentina.
Results have been received from an additional 40 diamond drill holes from the Escondida West, Central, East and Fomicruz sectors. Of 23 drill holes returning significant results, 9 returned bonanza gold and silver grades (all from the West, Central and East sectors), as displayed in the following table.
Selected bonanza drilling results using a 1 gram per tonne ("g/t") gold equivalent(i) cut-off grade:
-------------------------------------------------- Gold Gold Equiva- Equiva- Drill From To Width Gold Silver lents(i) lents(i) Hole (m) (m) (m) (g/t) (g/t) (g/t) (oz/ton) -------------------------------------------------- MD506 54.00 56.36 2.36 129.8 3,889 185.4 5.38 -------------------------------------------------- Including 54.74 55.04 0.30 749.7 16,318 982.8 28.50 -------------------------------------------------- MD532 44.83 47.12 2.29 210.1 417 216.1 6.27 -------------------------------------------------- Including 45.90 46.50 0.60 709.8 1,129 725.9 21.05 -------------------------------------------------- MD535 41.95 43.25 1.30 46.9 915 60.0 1.74 -------------------------------------------------- Including 41.95 42.40 0.45 94.8 1,282 113.1 3.28 -------------------------------------------------- MD548 22.32 23.35 1.03 61.3 1,406 81.4 2.36 -------------------------------------------------- Including 22.32 22.62 0.30 134.6 3,367 182.7 5.30 -------------------------------------------------- MD553 38.08 40.22 2.14 80.7 1,943 108.5 3.15 -------------------------------------------------- Including 38.08 38.74 0.66 243.7 5,929 328.4 9.52 -------------------------------------------------- MD563 36.86 42.00 5.14 6.2 680 16.0 0.46 -------------------------------------------------- Including 39.19 39.57 0.38 50.4 6,310 140.5 4.07 -------------------------------------------------- MD568 10.35 13.72 3.37 45.2 320 49.8 1.44 -------------------------------------------------- Including 13.08 13.72 0.64 222.9 511 230.2 6.68 -------------------------------------------------- MD569# 6.00 10.75 4.75 33.5 855 45.7 1.33 -------------------------------------------------- Including 7.84 9.51 1.67 92.7 2,284 125.3 3.63 -------------------------------------------------- MD580 62.65 64.87 2.22 38.9 1,106 54.7 1.59 -------------------------------------------------- Including 64.35 64.87 0.52 133.0 4,151 192.3 5.58 --------------------------------------------------(i)Gold equivalent grade is calculated by dividing the silver assay result by 70, adding it to the gold value and assuming 100% metallurgical recovery. #Drill hole MD569 also intersected mineralization greater than 1.0 g/t gold equivalent from surface to 3.00 metres ("m") however the recoveries were significantly less than reporting requirements.
To view the full table with all 23 significant holes, please visit the following link: http://www.exeterresource.com/images/gallery/plans/Table_85.pdf.
Of the 17 diamond drill holes with less significant results, 7 holes returned narrow and/or low grade intersections and 10 holes were poorly mineralized. The results from 6 holes at the Escondida Central and West sectors are awaited.
The locations of the 40 drill holes reported are represented on the following plans and long sections.
To view the sections and plans, please visit the following link: http://www.exeterresource.com/images/gallery/plans/Plan_84.pdf.
An additional 44 in-fill diamond drill holes have been drilled at the Escondida Far West sector. Results for the holes will be released following processing, sampling and assaying.
Drilling Progress on the Escondida Fomicruz Property
A reverse circulation percussion (RC) drill rig has completed an initial exploratory test of the potential northwest extension of the Escondida mineralized structure on the Escondida Fomicruz joint venture property. The rig firstly drilled through the blanket of Tertiary marine sediments before testing the underlying volcanic stratigraphy. Ten drill sections that included 11 RC holes and 2 diamond holes were drilled within a strike length of 1,600 m (160 m intervals).
The position of the Escondida structure was determined for each drill section, with assays now available for the first three holes. Drill hole MRC600, located 160 m northwest of the last mineralized Escondida Far West sector hole designated MD405 (1.62 m at a grade of 2.53 g/t gold and 100 g/t silver), returned 2.0 m at a grade of 1.8 g/t gold and 1.2 g/t silver, from a down hole depth of 141.0 m. Importantly, MRC600 was terminated at 146.0 m but was not sampled below 143 m due to poor sample recoveries.
On the next drill section, 160 m northwest of MRC600, drill hole MD587 was sited too far to the northeast to hit the Escondida structure. A follow-up hole, MD588, sited as a step back hole, successfully intercepted the target but failed to return significant mineralization.
Cerro Moro Project Manager, Fernando Chacon noted "Based on our experience to the southeast, subtle anomalous pathfinder element geochemistry in holes MD588 and MRC600 suggests these holes intersected the Escondida structure immediately above the precious metal precipitation zone of the epithermal system. The diamond drill is currently drilling 40 m spaced holes between MD405 and MRC600, with a series of deeper holes planned."
Quality Control and Assurance
Drill widths presented above are drill intersection widths and may not represent the true widths of mineralization.
Gold assay results presented above are preliminary and have been calculated using a 1.0 g/t gold equivalent cut-off grade, with no cutting of high grades. All diamond drill core samples are split on regular metre intervals or on geological contacts and represent sawn half HQ-size core. Samples were prepared at the Acme Analytical Laboratories ("AcmeLabs") preparation facility in Mendoza, Argentina and assayed by fire assay (50 gram charge) at the AcmeLabs laboratory in Chile, both ISO-9001:2000 certified laboratories.
Check assaying of all samples assaying greater than 1.0 g/t gold is completed by Acme Labs. Samples returning greater than 10 g/t gold and/or greater than 100 g/t silver are assayed using gravimetric analyses. Standard and blank samples are used throughout the sample sequence as checks for the diamond drilling reported in this release. Standard, blank and duplicate samples are used throughout the sample sequence as checks for the RC percussion drilling.
Assaying by the screen fire assay method has been implemented in conjunction with standard 50 gram fire assaying, for diamond drill cores that contain visible gold. The procedure for screen fire assaying involves crushing and sieving of a nominal 1,000 gram sample to a particle size of 100 microns. All material which does not pass through the 100 micron sieve is then assayed. Two fire assays are undertaken on the undersize material as a check on homogeneity. The total gold content is then calculated.
Matthew Williams, Exeter's Exploration Manager and a "qualified person" within the definition of that term in National Instrument 43-101, Standards of Disclosure for Mineral Projects, has supervised the preparation of the technical information contained in this news release.
About Exeter
Exeter Resource Corporation is a Canadian mineral exploration company focused on the discovery and development of gold and silver properties in South America. The Company has C$30 million in its treasury.
On the Caspiche Project in Chile, Exeter recently announced an inferred mineral resource estimate of 1,117 Mt (million metric tons) at a grade of 0.55 grams per metric ton gold and 3.81 grams per metric ton silver including 1,017 Mt at a grade of 0.22% copper. This equates to in-situ inferred resources of 19.6 million ounces of gold, 137 million ounces of silver and 4.84 billion pounds of copper (a total of 33.7 million gold equivalent ounces(ii). Drilling to expand and upgrade the resource estimate is scheduled to commence in October 2009.
On the Cerro Moro Project in Argentina, Exeter recently announced an initial inferred mineral resource estimate of 646,000 ounces gold equivalent(iii) at a grade of 18 g/t gold equivalent(iii). Exeter has drilled over 150 in-fill holes on the Escondida Vein structure to upgrade inferred resources to indicated resources for priority areas for a 2010 scoping study. Drilling will continue through 2009, as will engineering, environmental and infrastructure studies.
No site work is planned on the Don Sixto gold-silver project in Argentina over the next quarter. The Company will continue to work with provincial authorities and with representatives of other mining companies, to effect amendment to the 2007 legislation that banned the use of cyanide in mining operations in Mendoza Province.
(ii)Gold ("Au") equivalence for copper ("Cu") and silver ("Ag") was calculated by Exeter using assumed metal prices of US$800/ounce ("oz") for Au, US$12/oz for Ag and US$2/pound ("lb") for Cu. The formula to calculate Au equivalence for Cu was pounds of Cu multiplied by 2 and divided by 800; Au equivalence for Ag was calculated using the formula oz of Ag multiplied by 12 and divided by 800, and in both cases assumes 100% recovery. Reported grades and metric tons have been rounded (see news release NR 9-19 dated September 14, 2009).
(iii)Inferred mineral resource estimate of 1,098,000 tonnes containing 371,000 ounces gold at a grade of 10.5 g/t and 19.2 million ounces silver at a grade of 545 g/t for 646,000 ounces gold equivalent at a grade of 18 g/t gold equivalent. Gold equivalent is calculated by dividing the silver assay result by 70, adding it to the gold value and assuming 100% metallurgical recovery (see news release NR 9-14 dated July 8, 2009).
You are invited to visit the Exeter web site at www.exeterresource.com. To view the video version of this press release along with many others click here "Watch Video News": http://www.youtube.com/user/ExeterResourceCorp.
und Silber gibts direkt Kiloweise dazu (bis zu 16kg/t)!!!!!!!!!!!!!!
http://www.irw-press.com/dokumente/XRC_Tabelle1_220909.pdf
Haha - louisaner
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...of September 4, 2009 the Company had C$30 Million, a cash reserve...
http://www.exeterresource.com/
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VANCOUVER, Oct. 13, 2009 (Canada NewsWire via COMTEX News Network) --
Exeter Resource Corporation (AMEX:XRA, TSX-V:XRC, Frankfurt: EXB - "Exeter" or the "Company") is pleased to further report on progress from its in-fill drilling program on the high grade Escondida gold-silver vein at Cerro Moro in Santa Cruz Province, Argentina.
Results have been received from an additional 25 diamond drill holes from the Escondida West, Central, and Far West sectors. Of 21 drill holes returning significant results, 9 returned bonanza gold and silver grades, including drill hole MD601 with 4.36 metres ("m") (14.3 feet) at 177.5 grams per tonne ("g/t") (5.15 oz/ton) gold equivalent*. All bonanza grade holes are from the Far West and Central sectors and are displayed in the following table.
<< Selected bonanza drilling results using a 1 g/t gold equivalent* cut-off grade: -------------------------------------------------- Gold Gold Drill Hole From To Width Gold Silver Equivalents* Equivalents* (m) (m) (m) (g/t) (g/t) (g/t) (oz/ton) -------------------------------------------------- MD582 23.00 24.00 1.00 8.3 61 9.3 0.27 -------------------------------------------------- and 32.00 33.88 1.88 108.3 1,171 127.8 3.71 -------------------------------------------------- including 32.50 33.10 0.60 333.8 3,306 388.9 11.28 -------------------------------------------------- MD584 20.50 25.18 4.68 34.4 1,251 55.3 1.60 -------------------------------------------------- including 23.88 24.88 1.00 156.5 5,255 244.1 7.08 -------------------------------------------------- MD589 37.91 44.52 6.61 88.0 3,483 146.0 4.23 -------------------------------------------------- including 40.10 42.13 2.03 239.7 7,805 369.8 10.72 -------------------------------------------------- and 41.00 41.60 0.60 521.6 14,068 756.1 21.93 -------------------------------------------------- MD592 163.00 170.40 7.40 5.9 380 12.2 0.35 -------------------------------------------------- including 168.79 169.70 0.91 40.4 2,452 81.3 2.36 -------------------------------------------------- MD596 124.88 128.00 3.12 43.1 2,948 92.3 2.68 -------------------------------------------------- including 126.50 127.34 0.84 150.8 10,125 319.6 9.27 -------------------------------------------------- including 96.25 97.12 0.87 54.5 3,300 109.5 3.18 -------------------------------------------------- MD598 91.92 94.77 2.85 38.7 3,493 97.0 2.81 -------------------------------------------------- including 91.92 92.38 0.46 81.7 9,537 240.7 6.98 -------------------------------------------------- MD601 126.00 130.36 4.36 86.3 5,473 177.5 5.15 -------------------------------------------------- including 128.00 128.48 0.48 158.5 4,586 234.9 6.81 -------------------------------------------------- and 128.78 129.25 0.47 433.4 29,451 924.3 26.80 -------------------------------------------------- MD605 128.62 129.50 0.88 6.3 92 7.8 0.23 -------------------------------------------------- including 128.62 129.00 0.38 13.7 178 16.7 0.48 -------------------------------------------------- and 156.12 159.00 2.88 27.1 1,077 45.1 1.31 -------------------------------------------------- including 156.12 156.45 0.33 88.0 3,397 144.6 4.19 -------------------------------------------------- and 156.85 157.20 0.35 87.0 3,052 137.9 4.00 -------------------------------------------------- MD607 103.30 109.15 5.85 31.9 2,520 73.9 2.14 -------------------------------------------------- including 107.53 107.83 0.30 107.2 7,637 234.5 6.80 -------------------------------------------------- and 108.50 108.81 0.31 177.3 18,660 488.3 14.16 -------------------------------------------------- * Gold equivalent grade is calculated by dividing the silver assay result by 60, adding it to the gold value and assuming 100% metallurgical recovery. Click Here for the Table Showing all 21 Significant Holes: http://www.exeterresource.com/images/gallery/plans/Table_86.pdf >>
The remaining 4 diamond drill holes returned narrow and/or low grade intersections. All 25 drill holes are represented on the following long sections and plans.
<< Click Here for the Diagrams Showing the Sections and Plans: http://www.exeterresource.com/images/gallery/plans/plans_87.pdf >>
An additional 27 infill diamond drill holes have been drilled at the Escondida Far West sector. These holes bring the total Escondida infill drilling program to 165 diamond drill holes for marginally over 15,000 m of core (as at the end of September).
Exeter Chairman, Yale Simpson stated "The Far West zone defines the western portion of the previously announced NI43-101 compliant inferred resource on the Escondida vein. Diamond drilling is currently in progress immediately to the west on the Escondida-Fomicruz property. Exeter is earning an 80% interest in the property in a joint venture with Fomento Minera de Santa Cruz Sociedad del Estado the provincial mining company owned by the government of Santa Cruz Province.
"Since its news release dated September 22, 2009, Exeter has completed 6 diamond drill holes at Escondida-Fomicruz. Exeter decided to start systematic diamond drilling on the property based on our interpretation that the "boiling zone" within which gold-silver precipitates, would be immediately below drill hole MRC600. Results will be announced later in October."
Progress on the Escondida-Fomicruz Property
Eight diamond and eleven reverse circulation drill holes have been completed to date for 3,180 m. Should assay data confirm preliminary geological interpretations, diamond drilling will continue to "drill off" the new zone.
Quality Control and Assurance
Drill widths presented above are drill intersection widths and may not represent the true widths of mineralization.
Gold assay results presented above are preliminary and have been calculated using a 1.0 g/t gold equivalent cut-off grade, with no cutting of high grades. All diamond drill core samples are split on regular metre intervals or on geological contacts and represent sawn half HQ-size core. Samples were prepared at the Acme Analytical Laboratories ("AcmeLabs") preparation facility in Mendoza, Argentina and assayed by fire assay (50 gram charge) at the AcmeLabs laboratory in Chile, both ISO-9001:2000 certified laboratories.
Check assaying of all samples assaying greater than 1.0 g/t gold is completed by AcmeLabs. Samples returning greater than 10 g/t gold and/or greater than 100 g/t silver are assayed using gravimetric analyses. Standard and blank samples are used throughout the sample sequence as checks for the diamond drilling reported in this release. Standard, blank and duplicate samples are used throughout the sample sequence as checks for the RC percussion drilling.
Assaying by the screen fire assay method has been implemented in conjunction with standard 50 gram fire assaying, for diamond drill cores that contain visible gold. The procedure for screen fire assaying involves crushing and sieving of a nominal 1,000 gram sample to a particle size of 100 microns. All material which does not pass through the 100 micron sieve is then assayed. Two fire assays are undertaken on the undersize material as a check on homogeneity. The total gold content is then calculated.
Matthew Williams, Exeter's Exploration Manager and a "qualified person" within the definition of that term in National Instrument 43-101, Standards of Disclosure for Mineral Projects, has supervised the preparation of the technical information contained in this news release.
About Exeter
Exeter Resource Corporation is a Canadian mineral exploration company focused on the discovery and development of gold and silver properties in South America. The Company has C$30 million in its treasury.
On the Caspiche Project in Chile, Exeter recently announced an inferred mineral resource estimate of 1,117 Mt (million metric tons) at a grade of 0.55 g/t gold (grams per metric ton) and 1,017 Mt at a grade of 0.22% copper. This equates to in-situ inferred resources of 19.6 million ounces of gold and 4.84 billion pounds of copper. Drilling to expand and upgrade the resource estimate is scheduled to commence in October 2009. (See news release dated September 14, 2009)
On the Cerro Moro Project in Argentina, Exeter recently announced an initial inferred mineral resource estimate of 646,000 ounces gold equivalent(xx) at a grade of 18 g/t gold equivalent(xx). Exeter has drilled 165 infill holes on the Escondida vein structure to upgrade the inferred resource to an indicated resource category. This area will be given priority in the scheduled 2010 scoping study. Drilling will continue through 2009, as will engineering, environmental and infrastructure studies.
No site work is planned on the Don Sixto gold-silver project in Argentina over the next quarter. The Company will continue to work with provincial authorities and with representatives of other mining companies, to effect amendment to the 2007 legislation that banned the use of cyanide in mining operations in Mendoza Province.
<< (xx) Inferred mineral resource estimate of 1,098,000 metric tons containing 371,000 ounces gold at a grade of 10.5 g/t and 19.2 million ounces silver at a grade of 545 g/t for 646,000 ounces gold equivalent at a grade of 18 g/t gold equivalent. Gold equivalent is calculated by dividing the silver assay result by 70, adding it to the gold value and assuming 100% metallurgical recovery (see news release NR 9-14 dated July 8, 2009). >>
You are invited to visit the Exeter web site at www.exeterresource.com. To view the video version of this press release along with many others click here "Watch Video News": http://www.youtube.com/ExeterResourceCorp
<< EXETER RESOURCE CORPORATION Bryce Roxburgh President and CEO >>
http://www.ariva.de/news/...5-NEUE-BOHRLOeCHER-BEI-CERRO-MORO-3098334
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| Letzter | Vortag | Umsatz | Veränderung |
| 6,25 $ | 5,67 $ | 3,47 M $ | +10,22% |
Handelsplatz: AMEX Stand: 19:1
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DACHTE EHER AN 10 EURO!?
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Charles Oliver ist Geologe und CFA. Bei Sprott ist er als Senior Analyst für den BEreich Edelmetalle zuständig.
This is a paid commercial message
http://www.b-tv.com/features/watch-now.html?clip=BNNExeter.wmv
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Der obere Teil beschäftigt sich mit dem Goldvorkommen allgemein und im unteren Teil wird über Exeter geschrieben. Wenn man das liest, dann wundert man sich nicht mehr über die Kursanstiege der letzten Wochen. Exeter ist ein Sparschwein, das Junge kriegt - und das auch in Zukunft. Wann fallen die 10€?
Where are the giant gold discoveries - going...going...gone?
Giant gold discoveries are needed to help replace declining older resources, but they are few and far between.
Author: Marc Davis
Posted: Tuesday , 20 Oct 2009
VANCOUVER, BC (BNW Newswire) -
Only a tiny handful of huge gold discoveries have been made worldwide in the last decade, which experts say is because virtually all the juiciest low-hanging fruit has been picked some time ago. And this new reality promises to help edge bullion prices increasingly higher.
The scarcity of world-class gold discoveries is already taking a toll on the mining industry's bottom line. Global gold output has been dwindling by nearly 5% per annum since it peaked in 2001, even though bullion's spot price has more than tripled since then.
An even more pronounced downward trend can be seen in North America. This is where output has dropped over the last decade from 17.06 million ounces in 1998 to 10.59 million ounces in 2008.
Part of the problem is that historically gold-rich territories like eastern Canada's Abitibi Greenstone Belt and Nevada's fabled Carlin Trend have failed to yield any monster gold finds in recent years, according to Mickey Fulp, a geologist and exploration/mining analyst who has over 30 years of mineral exploration experience all over the world.
Fulp runs the mining investment newsletter www.mercenarygeologist.com. "Geologists are running out of virgin geological terrain that is prospective for the discovery of giant outcropping ore bodies," he says. "Much of the earth has already been trod many times by exploration geologists."
Fulp adds that the gold exploration sector is now being forced to venture into some of the world's last geological frontiers - often emerging democracies that are typically fraught with geopolitical risk. They include Mongolia where one of the rare world-class gold discoveries of the last decade has struggled to make headway due to the procrastination of the Mongolian government. (Jointly owned by Rio Tinto and Ivanhoe Mines, the Oyu Tolgoi gold/copper deposit finally got the green light to proceed to the mine development stage earlier this month after at least six years of political wrangling).
Yet, the high stakes lure of huge gold finds in far-flung exotic lands has always held a potent appeal for investors who love to gamble. Hence, the mining industry's junior ranks (explorers and developers, rather than mine builders) tapped into Canada's venture capital markets for a princely Cdn. $37 billion during the metals bull market of 2003-2008. This is according to another newsletter writer and mining analyst, John Kaiser, the editor of www.kaiserbottomfish.com
In spite of this flood of speculative money, Kaiser points out that only one epic new gold discovery has been made during the last 6-7 years. Found in 2006 by a tiny Canadian mineral explorer called Aurelian Resources, the rich Fruta del Norte deposit in Ecuador now hosts an estimated 13.7 million ounces of high-grade gold and 22.4 million ounces of silver. (Notably, this mine may not come on-stream within the next several years due to political meddling by the left-wing Ecuadorian government).
Kaiser doesn't think that nearly all of the world's epic gold discoveries have already been made. But he does concede that they have become increasingly elusive, especially with the advent of strict environmental laws in most global mineral hunting grounds, which could be any number of world-class gold prospects off-limits.
"Unlike other metals like copper, molybdenum and rare earths etc., we don't really need gold for anything.... So what if gold deposit doesn't go into production? It doesn't change the welfare of the world at all. So I think environmentalists will still (successfully) target gold projects," he adds.
Another impediment to ramping up the world's below-ground gold supplies is the fact that there are normally long developmental timelines involved in building large new mines. Moreover, capital costs related to building and operating mines have gone up exponentially in recent years, Kaiser adds.
Additionally, with gold prices repeatedly hitting all-time highs over the past couple of years, most investors want to see mining juniors "proving up ounces in the ground" sooner rather than later, Kaiser says. That is why the junior mining sector has mostly focused on upgrading established deposits during the last few years, rather than taking the much longer route of methodically advancing grass roots discoveries.
Many promising gold deposits that have sat on the sidelines since as far back as the mid 1990s due to deflated gold prices now have a new lease on life, he says. So the race is now on to commercialize the best of them, a tiny handful of which could one day be huge money makers.
However, not all of the world's headline-grabbing gold finds are old news stories in search of a happy outcome. There have been a handful of major success stories in the making during the past several years. The most recent of which involved the Vancouver-based mining junior, Exeter Resource Corporation (TSX.V: XRC) NYSE-A: XRA), which is developing its world-class Caspiche gold/copper porphyry deposit in mining-friendly Chile.
The company caused quite a stir in the investment community in September by announcing an updated resource estimate of 19.8 million ounces of gold, 137 million ounces of silver and 4.8 billion pounds of copper. On an equivalent ounce basis - using a US $800 gold price, a US $12 silver price and a US $2.00 per pound copper price - this translates into no less than 33.7 million ounces of gold.
Wendell Zerb, a mining analyst for the Vancouver brokerage firm Canaccord Adams has been following Exeter's fortunes. And he believes the company's Caspiche deposit has "the earmark of being a very significant discovery."
And though such elephant-sized deposits are not yet an endangered species, they are becoming increasingly elusive, he adds. "As for making new (world-class) discoveries very close to the surface, the real obvious assets have already been discovered. So it does take more effort and expenditures than it used to."
Zerb suggests that it would be premature for Exeter to consider its discovery to be one of the most remarkable mining success stories of this decade. But the signs to date are encouraging, especially with the deposit beginning to measure up favorably to the nearby, geologically comparable Cerro Casale gold-copper deposit.
Jointly owned by the mining heavyweights Barrick Gold (TSX: ABX) (NYSE: ABX) and Kinross Gold (TSX: K) (NYSE: KGC), Cerro Casale is a huge prospective mine-in-the-making that boasts a 23-million-ounce gold resource, along with six billion pounds of copper.
Meanwhile, some other industry commentators point to the fact that major gold mining companies are continually struggling to replace mined-out reserves. Especially their high-grade ore, much of which was severely depleted when gold was fetching much lower prices.
Consider the fact that the world's top trio of producers (Barrick Gold, Anglogold Ashanti and Newmont Mining), alone, each generate between 5 to 8 million ounces of gold per annum. That means that at least one new multi-million ounce deposit needs to come on-stream every year just to replace this output. This isn't happening.
Moreover, the advent of $1,000-plus gold prices still won't speed up 3-7 year mine developmental timelines - ones that invariably involve time-consuming regulatory hurdles. Such a scenario will no doubt help to underpin high-flying gold prices for the foreseeable future. And that's good news for companies like Exeter Resource, which will see their much-envied monster gold assets become even more valuable.
Marc Davis is Managing Editor of BNW Business Newswire - www.bnwnewswire.com
Die TSX, ein Tochterunternehmen von TMX Group Inc., ist im Hinblick auf die Marktkapitalisierung die größte kanadische, die drittgrößte nordamerikanische und die achtgrößte Wertpapierbörse weltweit.
Yale Simpson, Executive Chairman von Exeter, sagte: "Die Aufnahme von Exeter an die TSX ist ein Meilenstein für das Unternehmen und spiegelt den hohen Aktionärswert wider, den das Management in den vergangenen Jahren deutlich steigern konnte. Von der Notierung an der TSX erhoffen wir uns eine geeignetere Handelsplattform, vor allem für...
http://www.ariva.de/news/...ER-Resource-Corp-EXETER-NOTIERT-2-3110911
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VANCOUVER, Nov. 5, 2009 (Canada NewsWire via COMTEX News Network) --
Exeter Resource Corporation (NYSE-Amex:XRA, TSX:XRC, Frankfurt: EXB - "Exeter" or the "Company") is pleased to report the discovery of a new high grade zone to the west of all previously known high grade mineralization on the Escondida vein at Cerro Moro, Santa Cruz Province, Argentina.
Of six drill holes from the new zone with significant assays, the best result to date is from hole MD666, sited 20 metres ("m") (65.6 feet ("ft")) from the boundary of the Fomicruz joint venture property. In that hole a 2.43 m (7.97 ft) interval, from a down hole depth of 254.15 m (833.8 ft), assayed 13.3 grams/tonne ("g/t") (0.39 ounce / short ton ("oz/t")) gold and 699 g/t (20.27 oz/t) silver for a gold equivalent grade* of 25 g/t (0.73 oz/t). The interval included 0.40 m (1.31 ft) assaying 56.6 g/t (1.64 oz/t) gold and 2,473 g/t (71.72 oz/t) silver (gold equivalent 98 g/t (2.84 oz/t)). Significantly, the vein is situated in a hanging wall structure above the structural position that typically hosts the Escondida vein.
Results from 24 new diamond drill holes, 14 of which returned significant results, have been received from the new zone and the nearby Escondida Far West sector. As expected the results include bonanza grade intercepts such as MD617 and MD633.
Selected significant and bonanza drilling results using a 1 g/t gold equivalent* cut-off grade:
<< -------------------------------------------------- Gold Gold Equiva- Equiva- Drill Hole From To Width Gold Silver lents* lents* (m) (m) (m) (g/t) (g/t) (g/t) (oz/ton) -------------------------------------------------- Escondida Far West Sector -------------------------------------------------- MD611 164.55 167.00 2.45 4.5 130 6.7 0.19 -------------------------------------------------- including 164.55 165.35 0.80 11.6 229 15.4 0.45 -------------------------------------------------- MD617 103.80 110.00 6.20 94.9 4,428 168.7 4.89 -------------------------------------------------- including 106.15 107.95 1.80 319.2 14,365 558.6 16.20 -------------------------------------------------- including 107.00 107.95 0.95 550.1 23,012 933.6 27.07 -------------------------------------------------- MD618 132.10 135.30 3.20 15.9 1,619 42.9 1.24 -------------------------------------------------- including 133.55 134.42 0.87 47.4 4,798 127.4 3.69 -------------------------------------------------- MD620 179.07 179.97 0.90 8.8 597 18.8 0.55 -------------------------------------------------- including 179.48 179.97 0.49 13.9 969 30.1 0.87 -------------------------------------------------- MD633 157.97 160.38 2.41 70.7 4,454 144.9 4.20 -------------------------------------------------- including 158.32 158.81 0.49 118.5 9,977 284.8 8.26 -------------------------------------------------- and 159.60 159.92 0.32 220.1 10,561 396.1 11.49 -------------------------------------------------- MD635 108.00 113.12 5.12 4.8 452 12.4 0.36 -------------------------------------------------- including 112.75 113.12 0.37 35.1 3,761 97.8 2.84 -------------------------------------------------- MD640 50.34 57.29 6.95 8.6 821 22.3 0.65 -------------------------------------------------- including 53.57 56.00 2.43 22.0 2,155 58.0 1.68 -------------------------------------------------- including 53.95 55.00 1.05 41.7 3,858 106.0 3.07 -------------------------------------------------- MD642 104.00 105.37 1.37 8.1 599 18.0 0.52 -------------------------------------------------- including 104.55 104.85 0.30 16.7 1,127 35.5 1.03 -------------------------------------------------- New Zone extending on to the Fomicruz Joint Venture property -------------------------------------------------- MD652 197.53 200.64 3.11 3.9 229 7.8 0.23 -------------------------------------------------- including 199.00 200.00 1.00 9.0 502 17.4 0.50 -------------------------------------------------- MD653 206.76 207.22 0.46 4.3 13 4.5 0.13 -------------------------------------------------- and 208.89 210.40 1.51 7.2 198 10.5 0.30 -------------------------------------------------- MD655 232.73 233.83 1.10 1.2 146 3.7 0.11 -------------------------------------------------- including 232.73 233.00 0.27 3.3 300 8.3 0.24 -------------------------------------------------- MD658 259.46 260.40 0.94 3.4 177 6.3 0.18 -------------------------------------------------- MD666 240.00 240.83 0.83 5.2 74 6.5 0.19 -------------------------------------------------- and 242.80 244.60 1.80 6.5 370 12.7 0.37 -------------------------------------------------- including 243.56 244.00 0.44 21.1 1,199 41.1 1.19 -------------------------------------------------- and 254.15 256.58 2.43 13.3 699 25.0 0.73 -------------------------------------------------- including 254.45 254.85 0.40 56.6 2,473 97.8 2.84 -------------------------------------------------- and 258.00 259.00 1.00 8.7 31 9.2 0.27 -------------------------------------------------- and 298.69 299.58 0.89 3.2 63 4.3 0.12 -------------------------------------------------- MD667 312.40 312.70 0.30 4.35 262 8.7 0.25 -------------------------------------------------- * Gold equivalent grade is calculated by dividing the silver assay result by 60, adding it to the gold value and assuming 100% metallurgical recovery. >>
Exeter's Chairman, Yale Simpson stated "Our current drilling program is focussing on the high grade Escondida vein, and its immediate surrounds, particularly to the northwest. This program is proving to be successful, a rewarding outcome as this area is the site for initial mine planning.
"Drilling west of MD405, the most westerly of the Far West Sector drill holes, has intersected similar grades but over a greater width. In this area drilling will continue to focus on confirming, both at depth and laterally, the potential for addition high grade mineralization.
"Drilling and data interpretation is discovering veins within both footwall and hanging wall structures. One such vein, in historical drill hole MD260 at Escondida West, assayed 16.9 g/t gold over 2 m, some 60 m into the hanging wall. The structure has now been determined to have a co-incident geophysical anomaly suggesting untested strike and depth potential. In addition, two other historical drill holes, MD089 and MD106 at Escondida Central, intersected significant mineralization 10 m below the main structure (1.25 m at a grade of 67.4 g/t gold and 2,659 g/t silver in MD089, and 3.0m at a grade of 9.5 g/t gold and 1,1018 g/t silver in MD106).
"We now have 3 rigs on site, with 2 deployed on infill drilling to upgrade inferred resources to indicated resource status, and to test the strike extension of known mineralized structures. The 3rd rig is currently drilling for water as part of our engineering program. A 4th rig to assist with the infill drilling will be on site within the next week."
Of the 11 diamond drill holes with less significant results, holes MD612, MD614, MD615, MD621, MD629, MD632, MD637 AND MD638 returned narrow and/or low grade intersections. Drill holes MD623, MD626, and MD630 were poorly mineralized. The results from 36 holes at the Escondida Far West and Far East Sectors are awaited.
The locations of the 14 drill holes reported are represented on the following plans and long sections.
Click Here for the sections and plans (http://www.exeterresource.com/images/gallery/plans/plans_88.pdf)
Quality Control and Assurance
Drill widths presented above are drill intersection widths and may not represent the true widths of mineralization.
Gold assay results presented above are preliminary and have been calculated using a 1.0 g/t gold equivalent cut-off grade, with no cutting of high grades. All diamond drill core samples are split on regular metre intervals or on geological contacts and represent sawn half HQ-size core. Samples were prepared at the Acme Analytical Laboratories ("AcmeLabs") preparation facility in Mendoza, Argentina and assayed by fire assay (50 gram charge) at the AcmeLabs laboratory in Chile, both ISO-9001:2000 certified laboratories.
Check assaying of all samples assaying greater than 1.0 g/t gold is completed by Acme Labs. Samples returning greater than 10 g/t gold and/or greater than 100 g/t silver are assayed using gravimetric analyses. Standard and blank samples are used throughout the sample sequence as checks for the diamond drilling reported in this release. Standard, blank and duplicate samples are used throughout the sample sequence as checks for the RC percussion drilling.
Assaying by the screen fire assay method has been implemented in conjunction with standard 50 gram fire assaying, for diamond drill cores that contain visible gold. The procedure for screen fire assaying involves crushing and sieving of a nominal 1,000 gram sample to a particle size of 100 microns. All material which does not pass through the 100 micron sieve is then assayed. Two fire assays are undertaken on the undersize material as a check on homogeneity. The total gold content is then calculated.
Matthew Williams, Exeter's Exploration Manager and a "qualified person" within the definition of that term in National Instrument 43-101, Standards of Disclosure for Mineral Projects, has supervised the preparation of the technical information contained in this news release.
About Exeter
Exeter Resource Corporation is a Canadian mineral exploration company focused on the discovery and development of gold and silver properties in South America. The Company has C$29 million in its treasury.
On the Caspiche Project in Chile, Exeter recently announced an inferred mineral resource estimate of 1,117 Mt (million metric tons) at a grade of 0.55 grams per metric ton gold and 1.12 grams per metric ton silver including 1,017 Mt at a grade of 0.22% copper. This equates to in-situ inferred resources of 19.6 million ounces of gold, 40 million ounces of silver and 4.84 billion pounds of copper (a total of 32.4 million gold equivalent ounces(xx). Drilling to expand and upgrade the resource estimate commenced this month.
On the Cerro Moro Project in Argentina, Exeter recently announced an initial inferred mineral resource estimate of 646,000 ounces gold equivalent(xxx) at a grade of 18 g/t gold equivalent(xxx). Exeter has drilled nearly 200 infill holes on the Escondida vein structure to upgrade inferred resources to indicated resources for priority areas for a 2010 scoping study. Drilling will continue through 2009, as will engineering, environmental and infrastructure studies.
No site work is planned on the Don Sixto gold-silver project in Argentina over the next quarter. The Company will continue to work with provincial authorities and with representatives of other mining companies, to effect amendment to the 2007 legislation that banned the use of cyanide in mining operations in Mendoza Province.
(xx) Gold ("Au") equivalence for copper ("Cu") and silver ("Ag") was calculated by Exeter using assumed metal prices of US$800/ounce ("oz") for Au, US$12/oz for Ag and US$2/pound ("lb") for Cu. The formula to calculate Au equivalence for Cu was pounds of Cu multiplied by 2 and divided by 800; Au equivalence for Ag was calculated using the formula oz of Ag multiplied by 12 and divided by 800, and in both cases assumes 100% recovery. Reported grades and tonnes have been rounded (see news release NR 9-19 dated September 14, 2009).
(xxx) Inferred mineral resource estimate of 1,098,000 containing 371,000 ounces gold at a grade of 10.5 g/t and 19.2 million ounces silver at a grade of 545 g/t for 646,000 ounces gold equivalent at a grade of 18 g/t gold equivalent. Gold equivalent is calculated by dividing the silver assay result by 70, adding it to the gold value and assuming 100% metallurgical recovery (see news release NR 9-14 dated July 8, 2009).
You are invited to visit the Exeter web site at www.exeterresource.com.
<< EXETER RESOURCE CORPORATION Bryce Roxburgh President and CEO >>
Safe Harbour Statement - This news release contains "forward-looking information" and "forward-looking statements" (together, the "forward-looking statements") within the meaning of applicable securities laws and the United States Private Securities Litigation Reform Act of 1995, including the Company's belief as to the extent and timing of its drilling programs, various studies including engineering, environmental, infrastructure and other studies, and exploration results, budgets for its exploration programs, the potential tonnage, grades and content of deposits, timing, establishment and extent of resources estimates, potential for financing its activities, potential production from and viability of its properties and expected cash reserves. These forward-looking statements are made as of the date of this news release. Users of forward-looking statements are cautioned that actual results may vary from the forward-looking statements contained herein. While the Company has based these forward-looking statements on its expectations about future events as at the date that such statements were prepared, the statements are not a guarantee of the Company's future performance and are subject to risks, uncertainties, assumptions and other factors which could cause actual results to differ materially from future results expressed or implied by such forward-looking statements. Such factors and assumptions include, amongst others, the effects of general economic conditions, the price of gold, silver and copper, changing foreign exchange rates and actions by government authorities, uncertainties associated with legal proceedings and negotiations and misjudgements in the course of preparing forward-looking information. In addition, there are also known and unknown risk factors which could cause the Company's actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements. Known risk factors include risks associated with project development; the need for additional financing; operational risks associated with mining and mineral processing; fluctuations in metal prices; title matters; uncertainties and risks related to carrying on business in foreign countries; environmental liability claims and insurance; reliance on key personnel; the potential for conflicts of interest among certain officers, directors or promoters of the Company with certain other projects; the absence of dividends; currency fluctuations; competition; dilution; the volatility of the Company's common share price and volume; tax consequences to U.S. investors; and other risks and uncertainties, including those described in the Company's Annual Information Form for the financial year ended December 31, 2008, dated March 27, 2009 filed with the Canadian Securities Administrators and available at www.sedar.com. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company is under no obligation to update or alter any forward-looking statements except as required under applicable securities laws.
NEITHER THE TSX NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE
SOURCE: Exeter Resource Corporation
B. Roxburgh, President or Rob Grey, VP Corporate Communications, Tel: (604) 688-9592, Fax: (604) 688-9532, Toll-free: 1-888-688-9592, Suite 1260, 999 West Hastings St., Vancouver, BC, Canada, V6C 2W2, exeter@exeterresource.com
Copyright (C) 2009 CNW Group. All rights reserved.
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Da geht IMMER was.
...at a price of C$5.85...
http://www.stockhouse.com/tools/...Fsymbol%3DT.XRC%26newsid%3D7546892
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16:30 27.11.09
DJ IRW-PRESS: EXETER Resource Corp.: Exeter-Projekt Cerro Moro befindet sich im 'Gebiet von besonderem Interesse für den Bergbau' in der argentinischen Provinz Santa Cruz
Exeter-Projekt Cerro Moro befindet sich im 'Gebiet von besonderem Interesse für den Bergbau' in der argentinischen Provinz Santa Cruz
Vancouver (British Columbia), 27. November 2009. Exeter Resource Corporation (AMEX: XRA, TSX: XRC) oder das Unternehmen" gibt bekannt, dass gestern ein Gesetz bezüglich der Schaffung eines Gebiets von besonderem Interesse für den Bergbau" verabschiedet wurde, das Bergbauaktivitäten in der Provinz Santa Cruz ermöglicht. Das Projekt Cerro Moro und sämtliche bekannten Grundstücke im JV-Gebiet Fomicruz befinden sich innerhalb dieses als Gebiet von besonderem Interesse für den Bergbau" definierten Bereichs.
Das neue Gesetz ist für Exeters aktuelle und zukünftige Explorations-/Minenerschließungsaktivitäten bei Cerro Moro, einschließlich des JV-Gebiets Fomicruz, äußerst positiv.
Exeter erstellt zurzeit einen erweiterten Explorations- und Erschließungsplan für Cerro Moro und verwendet dafür einen Teil der Gelder des Unternehmens in Höhe von...http://www.ariva.de/news/...ER-Resource-Corp-Exeter-Projekt-2-3141156
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Das Emissionskonsortium erhielt eine Provision in bar, die 5 % des Bruttoerlöses entspricht, sowie Entschädigungsoptionen (die "Entschädigungs...http://www.ariva.de/news/...finanzierung-zur-Gaenze-ausgeuebt-3147664
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Die malochen ja seit zig Monaten, wie die Wilden und es geht immer weiter.
Ist das schön hier, so ganz allein unter uns - und kein Schwein interessiert sich für XRC.
Vancouver (British Columbia), 7. Dezember 2009. Exeter Resource Corporation (AMEX: XRA, TSX: XRC) oder das Unternehmen" freut sich bekannt zu geben, dass es aus seinen jüngsten Finanzierungen Nettoeinnahmen in Höhe von C$ 54,5 Millionen erzielt hat, womit das Unternehmen nun einen Kassenstand von C$ 81 Millionen aufweist.
Die neuen Gelder ermöglichen Exeter die Durchführung folgender Aufgaben:
*Steigerung der Bohrungen auf zehn Bohrgeräte, um die bekannten Goldressourcen bei Caspiche und Cerro Moro zu erweitern und zu bestätigen.
*Aufrechterhaltung einer hohen Explorations- und Minenerschließungsrate bis 2011.
Das Unternehmen plant bei Caspiche nun Bohrungen auf 35.000 Metern ( m") (114.829 Fuß) das zuvor gemeldete Programm umfasste 20.000 m (65.617 Fuß). Boart Longyear fügte zu den bereits vorhandenen vier Bohrgeräten, die von großen Bohrunternehmen bereits auf dem Projektgelände zur Verfügung stehen, zwei weitere hinzu. Das Programm wird bis Mai 2010 dauern.
Bei Cerro Moro (einschließlich des Fomicruz-Jointventures) erweiterte das Unternehmen das Bohrprogramm von 20.000 m (65.617 Fuß) auf 50.000 m (164.042 Fuß). Um diese Erweiterung durchzuführen, erhöhte Boart Longyear die Anzahl der Bohrgeräte vor Ort von zwei auf vier. Das Infill-Bohrprogramm (Schema mit einer Größe von 20 x 20 m (66 x 66 Fuß)) wird wie geplant fortgesetzt werden.
Ziel ist es weiterhin, die Explorationen bei Cerro Moro zu beschleunigen und bis zum dritten Quartal 2010 eine vorläufige Machbarkeitsstudie zu erstellen. Ziel bei Caspiche ist es, unterhalb der bekannten Ressourcen Testbohrungen zu beginnen und ausreichende Infill-Bohrungen durchzuführen, um bis zum dritten Quartal 2010 angezeigte Ressourcen" zu definieren. Der Zeitplan sieht den Abschluss einer Erschließungsoptionsstudie weiterhin für das vierte Quartal 2010 vor.
Chairman Yale Simpson sagte: Angesichts der aktuellen Goldpreise und unserer strategischen Ziele ist es besonders wichtig, dass wir unseren Zeitplan bezüglich der Erschließungsoptionsstudie für Caspiche und der vorläufigen Machbarkeitsstudie für Cerro Moro einhalten. Die neuen Gelder ermöglichen es uns nicht nur, den Zeitplan einzuhalten, sondern auch die bekannten Goldressourcen auf beiden Projekten zu steigern.
Die Explorations- und Erschließungsbudgets bis zum Ende 2010 werden zurzeit festgelegt. Besonders wichtig ist es, unser Erschließungs-Team zusammenzustellen, bevor Entscheidungen bezüglich einer Minenerschließung getroffen werden."
Über Exeter
Exeter Resource Corporation ist ein kanadisches Mineralexplorationsunternehmen, das sich auf die Entdeckung und Erschließung von Gold- und Silbergrundstücken in Südamerika spezialisiert hat.
Das Unternehmen verfügt über einen Kassenstand von C$ 81 Millionen.
Auf dem Projekt Caspiche in Chile meldete Exeter vor kurzem eine abgeleitete Mineralressourcenschätzung von 1.117 Mt (Millionen metrische Tonnen) mit einem Gehalt von 0,55 Gramm Gold pro metrischer Tonne und 1,12 Gramm...http://www.ariva.de/news/...ESS-EXETER-Resource-Corp-Exeter-2-3148765
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