Uranium Star jetzt günstig einsteigen
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ich bin seit 0.02 und 0.06 dabei, habe rücksetzerbei 0,20 und heute genutzt um weiter einzudecken. Die firma erscheint sehr seriös. TSX Listing steht an. Tatsächlicher Vanadium Abbau steht wohl erst 2011 an. Aufgrund der etwas angespannten Wirschaftlage wird der Vanadiumpreis wohl erst ab 2011/12 anziehen. Erst dann klingelt bei U.S. die Kasse. Zudem lässt die neue Generation Lithion-vanadium batterien hoffnungen wach werden, dass sich aus URST ein merktführer entwickelt.
Mein Kursziel: 2,5 can $ bis 2012
Kurzfristig: 0,75 can $ im Laufe 2010
December 16, 2009
Energizer Resources Inc. (formerly Uranium Star Corp.) (OTCBB:URST) (FRANKFURT:YE5) (“Energizer” or “the Company”) is pleased to announce the successful completion of its 2009 exploration program on its Green Giant Vanadium Project in Madagascar. As part of this program, 54 diamond drill holes were completed for a total of 8,931 meters, 64 mechanical trenches totalling 8,352 meters were excavated, and additional metallurgical samples were collected and are being processed. The results from this program will provide the framework for the Company to complete a NI 43-101 compliant resource estimate. Baseline environmental and socio-economic studies have also commenced. The Company has also initiated discussions with two Thai-based companies developing a very large coal project, which is very closely situated to the Green Giant Project and will provide significant infrastructure synergies between the two projects.
First Phase of Resource Definition Drilling Complete
A total of 54 diamond drill holes were completed in this phase of the exploration program, for a total of 8,931 meters over the 18 kilometer-long vanadium trend. Thirty holes on 9 sections spaced 100 meters apart were drilled to a maximum depth of 150 to 165 meters in the Jaky zone and 24 holes were drilled to a maximum depth of 175 metres on 6 sections spaced 100 meters apart in the Manga zone.
In addition to the diamond drilling, 64 mechanical trenches totalling 8,352 meters were excavated on the property. With the completion of this phase of the exploration program, a total of 85 drill holes totalling 13,004 meters deep have now been completed on the Green Giant property and 120 trenches totalling 16,520 meters long have been established.
Manga Zone Indicating Significant Vanadium Mineralization
Initial results obtained from the recently completed drilling of the Manga zone indicate a significant enrichment of vanadium mineralization displaying good continuity both horizontally and vertically.
Highlights of drill hole intervals defined by XRF readings are as follows:
Hole M-19 intersected 105 meters averaging 0.73% V2O5, including 0.88% V2O5 over 15 meters and 1.08% V2O5 over 18 meters;
Hole M-22 which intersected 0.68% V2O5 over 94.5 meters, including 0.88% V2O5 over 10.5 meters and 1.01% V2O5 over 30 meters.
Trenching earlier this year in the Manga zone had defined vanadium mineralization in six trenches over a 1.0 kilometer strike length that averaged 0.48% V2O5 over 82.0 meters, including a high grade core that averaged 0.67% V2O5 over 27.0 meters (previously reported). A table of all XRF readings from the Manga zone, as well as drill hole location data, are provided at the end of this release.
The Company uses Niton XL3t hand-held XRF instrumentation to gather readings on core and trench samples with respect to vanadium content, as well as other elements. The Company cautions that XRF readings are not certifiable or recognized in any NI 43-101 compliant resource calculation and significant variability can be seen when compared with subsequent assays from a registered laboratory. However, the Company has gained significant experience with XRF technology and expects that frequent calibration to registered standards have enabled it to obtain XRF readings which have a strong correlation to corresponding assay results.
Julie Lee Harrs, President and Chief Operating Officer, commented, “The Company is very pleased with the results of this latest phase of our exploration program. We have been able to continue to improve our understanding of the main zone of vanadium mineralization and its configuration. We look forward to reporting our drill assay results and metallurgical test results as they become available.”
Coal Project Synergies
Energizer has initiated discussions with the Red Island Minerals and Asia Thai Mining (Pan African Mining), two companies that are developing a very large coal project (Sakoa), which is in very close proximity to the Green Giant property. The Sakoa coalfield is located approximately 35 kilometers straight-line distance northwest of the Green Giant Vanadium Project. The Company has been informed that the development of the coal project will include a new port facility, a road and railroad from the coast to the coalfield, a coal-fired power plant to generate electricity and a major water pipeline. Based on the information provided to the Company, much of this infrastructure will be relevant to the Green Giant vanadium deposit and will provide significant cost savings for both capital and operating components of a commercial vanadium operation. As such, the Company will continue to investigate the potential synergies between these two projects.
To view a detailed area map outlining Asia Thai Mining’s (Pan African Mining) proposed infrastructure enhancements, please visit our website at www.energizerresources.com.
Metallurgical Tests Ongoing
Core samples from three drill holes in the Jaky zone have been sent to Mintek Laboratories in South Africa for extensive metallurgical test work. Results of this work are expected in the first quarter of 2010. Core samples for metallurgical testing have also been collected from the Manga zone.
Analytical/assay work on core and trench samples are being conducted by Genanalysis Laboratories in Perth, Australia. Complete assay results are expected in the first quarter of 2010. A comparison of assays against XRF readings will also be provided on a timely basis. A rigorous QA/QC program is in place to ensure accuracy of analytical results
Environmental and Socio-economic Studies Commenced
The Company has also commenced baseline environmental and socio-economic studies which will be required to advance the Green Giant project.
A weather station has been established on site to record continuous weather data, which will ultimately be required for the completion of an environmental impact study. Initial consultations have been initiated with local village representatives and a proposal for additional environmental and socio-economic studies is being considered by the Company.
Qualified Person
Bill Nielsen, P.Geo., Director and V.P. of Exploration of the Company, is the qualified person for the geological information provided in this release. Taiga Consultants Ltd. is supervising Uranium Star’s exploration activities on the Green Giant Vanadium Project in Madagascar. PEG Mining Consultants Inc. has been retained to prepare a preliminary economic assessment of the project.
For more information, please visit our website at www.energizerresources.com
Or contact:
Brent Nykoliation
Vice President of Business Development
Energizer Resources Inc.
Toll Free: 800.818.5442 or 416.364.4911
Email: bnykoliation@energizerresources.com
January 26, 2010
Energizer Resources Inc. (formerly Uranium Star Corp.) (OTCBB:URST) (FRANKFURT:YE5) (“Energizer” or “the Company”) is pleased to announce initial assay results for its Green Giant Vanadium Project in Madagascar.
Drill Core Assay Highlights of the assay results received to date are as follows:
1.00% V2O5 over 36 metres, including 1.15% V2O5 over 9 metres (Hole J-03)
1.00% V2O5 over 43.5 metres, including 1.20% V2O5 over 18 metres (Hole J-09)
0.98% V2O5 over 85.5 metres, including 1.55% V2O5 over 33 metres (Hole M-20)
0.97% V2O5 over 21 metres, including 1.20% V2O5 over 6 metres (Hole J-13)
0.87% V2O5 over 94.5 metres, including 1.05% V2O5 over 22 metres (Hole M-41)
0.80% V2O5 over 91.5 metres, including 0.94% V2O5 over 9 metres (Hole M-16)
Note: J and M denotes Jaky and Manga zones respectively
A table of assay results for the diamond drill holes received to date is provided at the end of this release. To date, 55% of the assay results have been received for the 54 diamond drill holes (totalling 8,931 metres). The assay results were on average 16% higher than the previously reported X-Ray Fluorescence (XRF) field results provided in the Company’s December 16, 2009 press release.
Significant Vanadium Mineralization Identified in Two Zones
Since 2007, the Company has conducted extensive surficial exploration activities over the property, consisting of 4,857 soil samples and 151 trenches over 16,686 metres. This exploration work has delineated a continuous mineralized trend of vanadium 21 kilometres in length. A total of 85 diamond drill holes (13,005 metres) has defined significant vanadium mineralization along this trend within two zones - the Jaky zone (defining 850 metres of strike length) and the Manga zone (defining 500 metres of strike length).
2010 Resource Definition Program Targeting Manga Zone
The 2010 resource definition drill program will focus on the Manga zone which has a high-grade core that is open along strike and at depth, and has been defined over a strike length of 500 metres. The 2010 program is expected to commence in May after the end of rainy season, and will focus on expanding the zone over a strike length of 3,000 metres
Infrastructure Synergies Expected to Provide Cost Benefits
Energizer has initiated discussions with Asia Thai Mining (Pan African Mining), one of two companies that are developing the large Sakoa coalfield, which is located approximately 30 kilometres northwest of the Green Giant Vanadium Project. Asia Thai Mining has informed the Company that the development of the coal project is expected to commence in early 2010 and will include a new port facility, road and railroad from the coast to the coalfield, a coal-fired power plant to generate electricity and a major water pipeline. Based on the information provided to the Company by Asia Thai Mining, much of the proposed infrastructure for the coal project will be relevant to the Green Giant Vanadium Project and is expected to provide significant cost savings for both capital and operating components of the Company’s Green Giant Vanadium Project. As such, the Company is continuing to investigate the potential synergies between these two projects.
Energizer Resources Appoints New VP of Exploration
The Company is pleased to announce that Craig Scherba, P.Geol., was appointed a Director and V.P. of Exploration for the Company effective January 1, 2010. Mr. Scherba was instrumental in the discovery of the Green Giant Vanadium deposit in Madagascar and has been closely involved with the project since its inception. Mr. Scherba is the qualified person for the geological information provided in this release.
Mr. Scherba commented, “We are very pleased with the intersections and assay grades of vanadium outlined to date. The 2010 drill program should continue to define vanadium mineralization similar to the zones which have already been drill tested.”
Geological and Engineering Consultants
Taiga Consultants Ltd. is continuing to conduct the Company’s exploration activities on the Green Giant Vanadium Project and PEG Mining Consultants Inc. continues to provide engineering expertise for the project, including oversight of the metallurgical work currently underway at Mintek Laboratories in South Africa and the preparation of an order of magnitude study which will form the basis of a National Instrument 43-101 compliant preliminary economic assessment for the project.
For more information, please visit our website at www.energizerresources.com
Or contact:
Brent Nykoliation, Vice President of Business Development
Energizer Resources Inc.
Toll Free: 800.818.5442 or 416.364.4911
Email: bnykoliation@energizerresources.com
Financing of U.S. $6,500,000
March 17, 2010
Toronto, - Energizer Resources Inc., (formerly Uranium Star Corp.)(OTCBB:URST)(FWB:YE5) ("Energizer” or the "Company") announces the closing of a brokered and non-brokered financing consisting of 21,666,667 units issued at U.S. $0.30 per unit ("Unit") for total proceeds of U.S. $6,500,000 (the "Offering").
Dundee Corporation (TSX:DC.A), together with a merchant banking firm and certain other purchasers subscribed for total gross proceeds of U.S. $4,350,000 in the brokered portion of the private placement. Two agents (the "Agents") acted in connection with the brokered private placement pursuant to an agency agreement dated March 15, 2010.
Consolidated Thompson Iron Mines Limited (TSX: CLM) and a private investor subscribed for total gross proceeds of U.S. $2,150,000 in the non-brokered portion of the private placement.
In connection with the strategic investments by Dundee Corporation and Consolidated Thompson, the Company has granted each of them with certain pre-emptive rights to participate in future financings and the right to appoint a nominee to the Company’s board of directors.
Private Placement Details
Each Unit consisted of one common share of the Company (a “Unit Share”) and one common share purchase warrant (a "Warrant"). Each Warrant entitles the holder to purchase one common share (a "Warrant Share") at an exercise price of U.S. $0.50 for a period of three years following the later of March 15, 2010 and the date of listing on the TSX Venture Exchange ("TSX-V"). The expiry of the warrants may be accelerated by the Company if the common shares trade at a price greater than U.S. $0.75 at any time after 9 months from the date hereof for a period of 21 consecutive days on the OTC Bulletin Board ("OTCBB") or the TSX-V and the Company has filed and had declared effective, the Registration Statement (as defined below).
The Units were issued together with listing and filing rights, which rights may be converted into an escalating number of common shares if the Company does not complete its TSX-V Listing or file a resale registration statement for the securities issued in connection with this transaction (the “Registration Statement”) by certain specific dates. A maximum of 17,333,333 Common Shares may be issued pursuant to such rights.
In the event that the common shares of the Company have not commenced trading on the TSX-V on or before June 15, 2010, each holder of a Unit Share shall be entitled to be issued one-tenth of one common share of the Company (each whole share a “Listing Rights Share”) starting on June 15, 2010 and an additional one-tenth of Listing Rights Share on every six month anniversary thereafter in which the Company fails to complete the TSX-V Listing until June 15, 2012 such that the maximum number of Listing Rights Shares which may be issued pursuant to such rights is equal to 50% of the Unit Shares issued under the Offering.
In the event that the Registration Statement has not been declared effective on or before December 15, 2010, each holder of a Unit Share shall be entitled to be issued one-tenth of one common share of the Company (each whole share a “Filing Rights Share”) starting on December 15, 2010 and an additional one-tenth of one Filing Rights Share on every six month anniversary thereafter in which the Company fails to have the Registration Statement declared effective until December 15, 2011 such that the maximum number of Filing Rights Shares which may be issued pursuant to such rights is equal to 30% of the Unit Shares issued under the Offering.
The Company anticipates that the TSX-V conditional listing requirements will be satisfied by March 29, 2010 and the Company expects that its common shares will be listed for trading on the TSX-V by no later than April 30, 2010.
As consideration for their services in connection with the brokered private placement, the Agents were (i) paid a cash commission of 6% of the gross proceeds of the brokered portion of the financing, (ii) issued 870,000 class A broker warrants, and (iii) issued 870,000 class B broker warrants. Each class A broker warrant entitles the holder to acquire one common share of the Company at an exercise price of U.S. $0.30 until March 15, 2012. Each class B broker warrant entitles the holder to acquire one common share of the Company at an exercise price of U.S. $0.50 for a period of three years following the later of March 15, 2010 and the date of the Company’s listing on the TSX-V. One of the Agents was also issued 400,000 common shares and 400,000 compensation warrants, each exercisable for one common share at a price of U.S. $0.30 until March 15, 2013.
The securities to be issued in connection with the Offering will be subject to hold periods pursuant to applicable U.S. securities laws and are subject to final regulatory approval.
All securities issued in connection with the Offering will also be subject to a hold period in Canada until July 16, 2010.
http://www.marketwire.com/press-release/...SX-VENTURE-EGZ-1158011.htm