Faszinierend - Maximus Ventures 900922
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Mr. Francois Viens reports
MAXIMUS VENTURES ANNOUNCES ITS FINANCIAL RESULTS FOR THE YEAR ENDED SEPTEMBER 30, 2007, APPOINTMENTS AND OPTION GRANTS
Maximus Ventures Ltd. has filed its audited consolidated financial statements, and management's discussion and analysis for the year ended Sept. 30, 2007, on SEDAR. They are also available through the company's website.
Financial highlights for the year include exploration expenditures of $4.5-million on the company's projects in Ontario, Nunavut and Nevada, administration costs of $600,000, an impairment charge of $950,000 on its asset-backed commercial paper (ABCP) and a writedown of the company's exploration projects in Nevada, in the amount of $900,000. The company issued 13,316,666 common shares in 2007, for net proceeds of $5.0-million and, subsequent to year-end, issued 10,666,666 units (each unit consisting of one common share and one common share purchase warrant), for net proceeds of $2.9-million.
The company has readily available liquidities of $4.1-million as at Nov. 30, 2007, in addition to ABCP (net of impairment charge) in the amount of $3.8-million. The company has 74,335,612 common shares issued and outstanding, and 14,241,966 warrants outstanding, at an exercise price varying between 30 cents and 60 cents per share, expiring at various dates from May, 2008, to April, 2009. It also has 4.52 million outstanding stock options, at an exercise price varying between 10 cents and 42 cents, expiring by December, 2012.
Appointments
Francois Viens, president and chief executive officer of Maximus Ventures, is pleased to announce that Geraldine Paxton and Louise Quinn have joined Maximus to form an investor relations team whose mandate is to ensure that the company's investor relations activities with the shareholders, potential investors and other market participants are fulfilled. Both have significant experience and success in investor relations.
In addition, the board of directors appointed Carole Plante as corporate secretary. Ms. Plante has been involved in the mining industry for over 14 years, as legal counsel and corporate secretary for various mining companies, in Canada and the United States. Ms. Plante holds a law degree from the University of Montreal and is a member of the Quebec Bar.
Option grants
Ms. Paxton and Ms. Quinn have each been granted an option to purchase 75,000 common shares of the company. Ms. Plante has been granted an option to purchase a total of 200,000 common shares of the company. The options are exercisable at 42 cents, the market closing price on Dec. 13, 2007, will vest over an 18-month period and expire on Dec. 14, 2012.
The appointments and option grants are subject to the approval of the TSX Venture Exchange.
NFX and Maximus Confirm Extension of the Bear Lake Gold Zone at Larder Lake
12/20/2007
Hole 17A intersected 11.4 g/t Au over 3.0m and 6.0 g/t Au over 4.8 m
LONGUEUIL, QUEBEC and TORONTO, ONTARIO, Dec 20, 2007 (Marketwire via COMTEX News Network) --
NFX Gold Inc. ("NFX") (TSX VENTURE:NFX) and Maximus Ventures Ltd. ("Maximus") (TSX VENTURE:MXV) are pleased to announce the results from two more follow-up holes in the Bear Lake Area of NFX's Larder Lake Property located in Ontario, Canada. Two holes, #16 and #17A, were respectively drilled 75m east and 75m west of hole #11 that intersected two high grade zones (10.4g/t Au over 5.2m and 8.0g/t Au over 10.2m), as reported on August 16, 2007. Hole #17A intersected "flow"-type mineralization grading 4.9g/t Au over 8.1m, including 11.4g/t Au over 3.0m. Hole #17A also intersected "carbonate"-type mineralization that assayed 6.0g/t Au over 4.8m, including 9.7g/t Au over 1.3m. Hole #16 intercepted modest mineralization.
"Results of the five holes drilled to date show the strong continuity of the mineralization and confirm that a large gold mineralized system is present at Bear Lake with both high grade and low-grade lenses occurring within the mineralized area", said Francois Viens, President and CEO of Maximus Ventures. "The mineralization at Bear Lake shows strong similarities with the ore zones at the historic Kerr-Addison gold mine (6km to the east), characterized by alternating higher and lower grade ore shoots."
Drilling is on-going in the Fernland area on the Larder Lake property where a six-hole program is testing the extension of the high-grade gold mineralization intersected in hole #13 that graded 6.9g/t Au over 13.5m, including 13.1g/t Au over 6.0m (see November 1 and 6, 2007 press releases). The results for these step out holes are still pending.
Once the current program at Fernland is completed in January 2008, drilling will resume at Bear Lake with the objective of systematically testing the higher-grade lenses laterally and down-plunge to a vertical depth of 1000m.
Drill Results Details
The "Carbonate"-type mineralization was intersected at 689m in hole #17A along with a stockwork of strongly albitized veinlets and 2-3% Py. This section graded 6.0g/t Au over 4.8m, including 9.7g/t Au over 1.3m. Then, at 740m, hole #17A intersected "Flow"-type mineralization. Several small grains of visible gold were observed in quartz veinlets. Overall, pyrite content varies between 2 to 5%. Assay results from this section returned 4.9g/t Au over 8.1m, including 11.4 g/t Au over 3.0m.
Furthermore, a graphitic fault zone intersected at 601m in hole #17A assayed 12.2g/t Au over 0.5m, which indicates that the fault zones in the Bear Lake area might have served as conduits for gold-bearing fluids. The presence of these gold-bearing fault zones in the Bear Lake Area potentially indicates the presence of an extensive gold-rich mineralized system.
Hole #16, drilled 75 metres east from hole #11, did not intersect the "Carbonate"-type mineralization that was faulted-off by a 9m wide fault zone at 635m, but intersected the "Flow"-type mineralization at 662m which returned 1.8g/t Au over 6.0m, including a section grading 4.2g/t Au over 0.5m. The attitude and extent of this thick fault zone will only be assessed once more holes are drilled in the area.
The following table shows the results to date from the Bear Lake area.
Highlights of Larder Lake Assay Results
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Hole no. From To Length Au Mineralization Type
(m) (m) (m) (g/t)
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--------------------------------------------------
NFX07-11(i)
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587.5 592.7 5.2 10.4 "Carbonate"-type;
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Including 588.0 589.5 1.5 20.8
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664.6 674.8 10.2 8.0 "Flow"-type; up to 30% Py
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Including 667.0 673.0 6.0 13.3
--------------------------------------------------
or 668.8 673.0 4.2 18.6
--------------------------------------------------
--------------------------------------------------
NFX07-14(i) 470.9 479.8 8.9 0.5 "Carbonate"-type; 1-5% Py
--------------------------------------------------
647.5 652.7 7.0 0.5 "Flow"-type; up to 20% Py
--------------------------------------------------
--------------------------------------------------
NFX07-15(i) 593.0 598.5 5.5 1.2 "Carbonate"-type; tr-1% Py
--------------------------------------------------
701.0 711.7 10.7 3.9 "Flow"-type; up to 25% Py
--------------------------------------------------
Including 705.6 709.7 4.1 7.0
--------------------------------------------------
--------------------------------------------------
NFX07-16 658.0 664.0 6.0 1.8 "Flow"-type; 3-5% Py
--------------------------------------------------
Including 662.2 662.7 0.5 4.2
--------------------------------------------------
--------------------------------------------------
NFX07-17A 600.5 601.0 0.5 12.2 Graphitic Fault Zone
--------------------------------------------------
686.5 691.3 4.8 6.0 "Carbonate"-type; 2-3% Py
--------------------------------------------------
Including 690.0 691.3 1.3 9.7
--------------------------------------------------
736.9 745.0 8.1 4.9 "Flow"-type; 2-5% Py
--------------------------------------------------
Including 738.0 741.0 3.0 11.4
--------------------------------------------------
(i) Hole NFX07-11, 14 and 15 previously released
Larder Lake Property
Maximus is conducting the drilling program pursuant to the Option and Joint Venture Agreement between Maximus and NFX, whereby Maximus has the right to earn a 60% interest in NFX's 100% interest at the Cheminis, Fernland, and Bear Lake claims and 45% interest in NFX's 100% owned Barber Larder claims that comprise the Larder Lake Property by expending Cdn$6 million on exploration by December 31, 2008.
As part of its QA/QC program, Maximus carries out check assays on the high-grade intersections with no discrepancies found in the assay results. The turnaround time for the reception of assay results from the lab has been very slow since September, due to the very large amount of samples received with the end of the field season. The situation is gradually returning to normal.
The technical content of the information related to Larder Lake was reviewed by Mr. Bernard Boily, P. Geo., responsible for supervising the drilling campaign and qualified person for Maximus under the guidelines of National Instrument 43-101. The analytical method for gold is one (1) assay-ton fire assay, AA determination with gravimetric finish on all samples reporting over 2 grams per tonne (g/t) gold. Assaying is done at Laboratoire Expert Inc. in Rouyn-Noranda, Quebec. The quality control process includes inserting blank samples and certified standards within each batch sent to the laboratory.
Forward-looking Statements
This release contains certain "forward-looking statements". All statements, other than statements of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future, are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "seek", "anticipate", "believe", "plan", "estimate", "expect", and "intend" and statements that an event or result "may", "will", "can", "should", "could" or "might" occur or be achieved and other similar expressions. These forward-looking statements reflect the current internal projections, expectations or beliefs of the Company based on information currently available to the Company. Forward-looking statements are subject to a number of risks and uncertainties, including those detailed from time to time in filings made by the Company with securities regulatory authorities, that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on, the Company.
SOURCE: NFX Gold Inc.
Maximus Ventures Ltd. Francois Viens President and CEO (450) 677-1009 (450) 677-2601 (FAX) Website: www.maximusventures.com NFX Gold Inc. Thomas G. Larsen President and CEO (416) 360-8006 or Toll Free: 1-800-360-8006 (416) 361-1333 (FAX) Website: www.nfxgold.com
aktie nicht steigt...
der goldpreis liegt so bei 840 $ und maximus ist noch immer so tief unten im keller...
2008-01-07 11:33 ET - Options Proposed
Mr. Francois Viens reports
MAXIMUS VENTURES ANNOUNCES OPTION GRANTS
Maximus Ventures Ltd. has granted options to purchase a total of 800,000 common shares of the company to two directors of the company. The options are exercisable at 40 cents per share, the market closing price on the day preceding the grant. The options have a five-year term and will vest over an 18-month period.
Maximus and NFX Begin a 43,000 m Drilling Program at Larder Lake
--------------------------------------------------
Longueuil, Quebec and Toronto, Ontario: January 10, 2008. Maximus Ventures Ltd. ("Maximus") (TSX.V: MXV) and NFX Gold Inc. ("NFX") (TSX.V: NFX) announced today that a planned $3.75 million, 43,000 metre follow-up diamond drilling program has commenced at NFX's Larder Lake Gold Property in Ontario.
The 2008 drilling program will systematically test the Bear Lake high-grade gold zones intersected in hole #11: 10.4 g/t Au over 5.2 m, including 20.8 g/t Au over 1.5 m and 8.0 g/t Au over 10.2 m, including 18.6 g/t over 4.2 m as reported on August 16, 2007. The program will investigate the zone along strike and down-plunge to a vertical depth of 1000 m. Results from the five holes completed to date on the Bear Lake Gold Zone confirmed the presence of an extensive very continuous gold mineralization system encompassing both high-grade and low-grade lenses. Furthermore, the style ("carbonate"-type and "flow"-type) and grade (ranging from 9 to 11 g/t Au) of the mineralization are typical of the world class Kerr-Addison deposits located only 5km to the east, along the same geological structure. An aggressive drilling program consisting of a minimum of 39 holes totalling 34,000 m, spaced 125 to 150 m apart, is underway at Bear Lake in order to delineate the higher-grade lenses occurring within the gold zone. Since part of the drilling has to be completed from the ice surface on Bear Lake, two to three drill rigs will be used to complete the drilling before break-up.
In addition, 5,000 metres of drilling will test the down-plunge extension of the Fernland high-grade zone intersected in hole #13, grading 6.9 g/t Au over 13.5 m, and including 13.1 g/t Au over 6.0 m as reported in the November 1 and 6, 2007 press releases. This new high-grade intersection, located 2.5 km west of Bear Lake, occurs at a relatively shallow depth (less than 200 m below surface) and indicates that there is excellent potential for the discovery of additional high-grade gold mineralization on the Larder Lake Property, along geologic units very similar to those hosting the historic Kerr-Addison mine. Drilling at Fernland will start after the completion of the program at Bear Lake. By then, all assay results from the late-2007 drilling program should have been received and compiled and the location of the new proposed holes will be adjusted based on the results.
Approximately 4,000 metres of additional drilling is planned to test newly interpreted targets on the Larder Lake Property along relatively unexplored parallel structures characterized by altered iron-rich rock units similar to those that controlled the high grade gold mineralization at the Kerr Addison mine. In addition, the 2007 and historic shallow drilling results from the Barber Larder portion of the Larder Lake property are currently being evaluated. Similar lower grade gold intersections to those that lead to the discoveries of the high grade gold zones at Bear Lake and Fernland are being identified on the Barber Larder portion of the property for follow-up drilling in 2008.
Tom Larsen, President and CEO of NFX, stated, "NFX is pleased with the aggressive exploration drilling program Maximus has planned for 2008 on the Larder Lake Property. The high quality targets indicated by the first few holes in each of the gold zones at Bear Lake and Fernland merit the proposed program budgets and highlight the need to further explore the entire Larder Lake Property."
NFX will be required to fund approximately $600,000 of the estimated $3.75M budget for 2008 after Maximus spends the initial $2.25M to complete exploration expenditures totaling $6M required to vest their interest in the Larder Lake Property. Tom Larsen further stated, "NFX will be pleased to fund its equity share of exploration expenditures after Maximus completes their earn-in and the project proceeds to the joint venture phase. We look forward to advancing the Larder Lake project to development with our partners."
Larder Lake Property
Maximus is conducting the drilling program pursuant to the Option and Joint Venture Agreement between Maximus and NFX, whereby Maximus has the right to earn a 60% interest in NFX's 100% interest in the Cheminis, Fernland and Bear Lake claims and 45% interest in NFX's 100% owned Barber Larder claims, by expending $6 million on exploration by December 31, 2008.
As part of its QA/QC program, Maximus carries out check assays on the high-grade intersections with no discrepancies found in the assay results. The turnaround time for the reception of assay results from the lab has been very slow since September, due to the very large amount of samples received with the end of the field season. The situation is gradually returning to normal.
The technical content of the information, related to Larder Lake, was reviewed by Mr. Bernard Boily, P. Geo., responsible for supervising the drilling program and qualified person for Maximus under the guidelines of National Instrument 43-101. The analytical method for gold is one (1) assay-ton fire assay, AA determination with gravimetric finish on all samples reporting over 2 grams per tonne (g/t) gold. Assaying is done at Laboratoire Expert Inc. in Rouyn-Noranda, Quebec. The quality control process includes inserting blank samples and certified standards within each batch sent to the laboratory.
Forward-looking Statements
This release contains certain "forward-looking statements". All statements, other than statements of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future, are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "seek", "anticipate", "believe", "plan", "estimate", "expect", and "intend" and statements that an event or result "may", "will", "can", "should", "could" or "might" occur or be achieved and other similar expressions. These forward-looking statements reflect the current internal projections, expectations or beliefs of the Company based on information currently available to the Company. Forward-looking statements are subject to a number of risks and uncertainties, including those detailed from time to time in filings made by the Company with securities regulatory authorities, that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on, the Company
For further information please contact:
Francois Viens
President and CEO
Maximus Ventures Ltd.
Tel: 450-677-1009
Fax: 450-677-2601
www.maximusventures.com
Gerri Paxton/Louise Quinn
Investor Relations
Maximus Ventures Ltd.
Tel: 450-677-2054/677-3523
gpaxton@maximusventures.com
lquinn@maximusventures.com
Thomas G. Larsen
President and CEO
NFX Gold Inc.
Tel: 416-360-8006
Fax: 416-361-1333
Toll Free: 800-360-8006
www.nfxgold.com
The TSX Venture Exchange has neither approved nor disapproved of the contents of this news release.
bitte um info
Heute ist Crash-Tag. Da gibts keine guten oder schlechten Aktien. Da wird einfach mal so gut wie alles verkauft
da bin jetzt aber neugierig...
Mr. Francois Viens reports
MAXIMUS VENTURES LTD. ANNOUNCES THE PROMOTION TO VP EXPLORATION AND OPTION GRANTS
Bernard Boily has been promoted to the position of vice-president of exploration for Maximus Ventures Ltd.
Mr. Boily brings to Maximus nearly 30 years of experience in exploration (gold and base metals) and in production (both underground and open pit). Prior to joining Maximus as exploration manager in February, 2007, Mr. Boily held several positions with Inmet Mining and its predecessors. He was directly involved in the discovery of the Troilus mine, a 79-million-tonne deposit located in Northern Quebec containing nearly two million ounces of gold, and other smaller deposits such as the Donalda mine in Abitibi.
Francois Viens, president and chief executive officer of Maximus, said: "I believe that Bernard's technical expertise and prior achievements speak for themselves. His increased responsibilities will prove to be a definite asset to the company and will assist with the rapid progression of our exploration programs. We are pleased to have him as part of our management team."
Option grants
Mr. Boily has been granted an option to purchase 50,000 common shares of the company at 38 cents, the market closing price on Jan. 24, 2008. The company also granted an option to purchase 375,000 common shares at 38 cents to its president, Mr. Viens. The options have a five-year term and will vest over an 18-month period.
The appointment of Mr. Boily and the option grants are subject to the approval of the TSX Venture Exchange.