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They're finding GOLD on the Mountain...!!!
Maybe that will help speed up our process here...???
LOL.........Come on LP, get these wheels turning faster.......current .001
You're an agreeable sort... LOL
The wheels turn so slowly at times...
agree.................
agree.................
still believe things are slowly being worked on...
And we still have to get MDMN further down the road too... before full speed ahead with little nper...
So we wait...
I believe things may be happening behind the scenes...???
But still waiting for MDMN to play out before real attention will be put to little nper...
Project Update – New Gold Zone Intersected in Diamond Drill Hole L15-24
(February 19th at 12:00:00)
AURYN Mining Chile SpA is pleased to provide an update on the exploration program being conducted in the Altos de Lipangue area located approximately 30 kilometers northwest of Santiago, Chile and the results of diamond drill hole L15-24.
Hole L15-24 is located 100 meters to the west and 50 meters south of hole L00-16. The hole was designed to be a major step out to the west to test the Gordon Breccia at depth. The upper approximately 80 meters of the hole intersected strongly argillically altered granodiorite with zones of intense hydrothermal kaolinite and pervasive iron oxide filling fractures and as pseudomorphs after disseminated pyrite. The first pass core sampling indicated that the zone contained anomalous values in gold and copper so the uncut intervals were later sampled to give a continuous series of assays. The highlight was a zone of 45 meters grading 0.78 g/t Au (from 3 to 48 meters depth) with the highest value being 8.34 g/t Au over 1 meter (from 30 to 31 meters depth). There also was a 5 meter zone of disseminated copper oxide (atacamite?) from 70 to 75 meters depth that assayed 0.25% Cu. This near surface gold mineralization has not been encountered in previous drilling and provides an exciting new target on the Altos de Lipangue property.
Auryn Mining - Project Update – New Gold Zone Intersected in Diamond Drill Hole L15-24
Drilling was suspended on the property in late January when the HQ rods got stuck in a fault zone between 223 and 224.3 meters.
The drillers have returned to the property today (Feb 18) and drilling will restart immediately. We have decided not to deepen hole L15-24 at present but rather will test the eastern potential of the Gordon Breccia with a hole located 100 meters east of L00-18. The hole is projected to be about 350 meters deep and while it is being drilled we will complete a trenching program in the area of the newly discovered near surface gold zone in order to get a better understanding of the controlling structures and use that information to plan follow up drilling.
The excavator began the trenching program on February 14th and has completed a 175 meter long trench parallel to and 25 meters west of hole L15-24. The trench has been sampled and the southern approximately 140 meters appear to be geologically similar to the intersection in hole L15-24. The zone is open to the south and we intend to extend the trench during the program. Presently the excavator is completing an east-west trench about 200 meters to the south of the first trench. The excavator will also be used to put in a series of trenches across a mineralized fault zone (vein?) that strikes at 330° and is located within the andesite approximately 75 meters west of the granodiorite contact.
When the trenching program is completed near the Gordon Breccia, the plan is to use the excavator to put in drill access roads and platforms at the Las Dos Marias and Mina Fortuna properties.
The samples from L15-24 were obtained by sawing the core and bagging one half for delivery to the Andes Analytical Assay laboratory in Santiago-Chile. The assaying procedure included ICP determination of the values for 33 elements plus Fire Assay to determine the values for gold. Standards, blanks and duplicates were routinely added to ensure compliance with QA/QC protocols.
This release was prepared and approved by David Bent, Exploration Manager for AURYN Mining Chile SpA who is a registered P. Geo (Nova Scotia) as well as a member of the Colegio de Ingenieros del Peru.
Getting closer to where attention can start to be paid to little nper I'm believing...
News out..Auryn.
Fortuna de Lampa Mine – Agreement Signed with S.C.M. Cerro Dorado Chile
(January 29th at 12:12:00)
AURYN Mining Chile SpA is pleased to announce the signing of the option/ Joint Venture agreement with S.C.M. Cerro Dorado Chile covering the Fortuna de Lampa mine property located on the Altos de Lipangue plateau approximately 30 kilometers northwest of Santiago, Chile. The property consists of the two mining concessions: Lonco Millarepu 1-60 and Fortuna 61-120 that are adjacent to the eastern boundary of AURYN´s Altos de Lipangue project. The agreement gives AURYN the right to earn an initial 60% interest in the property by completing a minimum of 3,000 meters of diamond drilling. An additional 25% interest in the property (85% total) can be earned by the expenditure of a further US $ 1.5 million on the property by or before August 1, 2017.
The Fortuna de Lampa mine was developed on a system of relatively narrow, high grade gold-bearing quartz veins hosted in granodiorite. The veins trend approximately north-south and dip moderately to the east. The system can be traced over a length of approximately 800 meters and there is evidence of an associated breccia to the south. There are about 1,100 meters of underground workings that have been developed on four levels concentrate on the main Fortuna vein and reaching a depth of 100 meters. Records for small scale production in the 1940´s and 1950´s gave an average grade of 59 g/t gold and 104.1 g/t silver.
AURYN geologists are currently reviewing the property data that includes surface and underground mapping and sampling as well as geophysical surveys including IP and CSAMT. The planned exploration program will begin with fine tuning of the geology data base by trenching for extensions of the vein system and searching for splay veins as well as exposing bedrock in the area of intense breccia float to the south. The compiled geology and geophysical data will then be used to lay out the initial platforms for the diamond drill program.
The Fortuna de Lampa exploration program will be integrated with the concurrent Altos de Lipangue and Las Dos Marias programs and will benefit from the high resolution airborne magnetometer survey that will be flown over the plateau in February.
This release was prepared and approved by David Bent, Exploration Manager for AURYN Mining Chile SpA who is a registered P. Geo (Nova Scotia) as well as a member of the Colegio de Ingenieros del Peru
Keeping tabs on our other front...
Altos de Lipangue Area – Property Consolidation and Expansion of Exploration Program
(January 22th at 02:22:00)
AURYN Mining Chile SpA is pleased to provide an update on the major expansion of the exploration program being conducted in the Altos de Lipangue area located approximately 30 kilometers northwest of Santiago, Chile. Since the last announcement on December 23, 2014 the property position has been increased by the addition of the NUOCO properties (Las Dos Marias and Mambo/ Colombo claims) totaling in excess of 2000 hectares. There also have been positive developments in the acquisition of the past producing Fortuna de Lampa property. In light of these new developments, the Company has decided to temporarily suspend drilling in order to evaluate and prioritize targets to be tested by drilling in 2015. Complementary to the fast tracking of prioritizing the known targets, there will be an increased emphasis on evaluating the regional exploration potential and an assessment of the economic significance of existing tailings and mine dumps in the area.
As a first step in accelerating the regional evaluation, a contract has been finalized with GEODATOS Ltda. to complete an airborne (helicopter) high resolution magnetometer survey to cover the Altos de Lipangue area. Lines will be flown at a 200 meter separation in a north-south direction over an area of 15 kilometers (N-S) by 13.5 kilometers (E-W). A total of 1274 kilometers will be flown including the control tie-lines. The survey is scheduled to begin as soon as possible and will take approximately 20 days to complete depending upon the weather conditions. Results of the survey should be available in early March. In addition to the important regional information, the survey may identify specific targets, especially those based on the metasomatic magnetite-chalcopyrite model that has been identified in the area of the Iron Hat showing to the north of the Fortuna mine.
Subsequent to the December 23rd announcement, drill hole L14-23 has been completed and assays are available for it as well as previously completed hole L14-22A. Sections for both holes with their significant assays are attached to this announcement.
In general, hole L14-22A had zones of anomalous copper associated with the most intense alteration, veining and pyritization that was reported in the log. The most significant zones were: 1) an interval at 469.55 – 474.0 meters with 4.45 meters of 0.1 g/t Au and 0.17% Cu including 1.0 meter of 0.97 g/t Au, 32 g/t Ag and 0.68% Cu that would correspond to the down dip extension of the breccia zone; and 2) an interval of 4.0 meters at 577 – 581 meters of 594 ppm Cu that occurs within a zone of increasing albitization and pyritization that starts at about 570 meters and terminates at a fault at 603 meters. Post mineral faulting in the hole has severely complicated the interpretation of the geology but the extensive occurrence of orthoclase veinlets with varying amounts of quartz and pyrite are potential indicators that the hole is distal to a porphyry system.
Hole L14-23 was drilled 50 meters south of L99-09 and 50 meters west of hole L00-11. Within the breccia zone the most significant values were in the interval 171 – 193 meters that ran 0.61 g/t Au over 22 meters and included 3.0 meters (171 – 174 meters) at 1.51 g/t Au, 4.7 g/t Ag and 0.61% Cu as well as 1.0 meter interval (188 – 189 meters) of 4.1 g/t Au. The hole shows that the Gordon Breccia continues to the west and persists to depth. Additional drilling is warranted to identify areas of higher grade Au-Cu near the andesite contact.
The samples from L14-22A and L14-23 were obtained by sawing the core and bagging one half for delivery to the Andes Analytical Assay laboratory in Santiago-Chile. The assaying procedure included ICP determination of the values for 33 elements plus Fire Assay to determine the values for gold. Standards, blanks and duplicates were routinely added to ensure compliance with Q/QC protocols.
This release was prepared and approved by David Bent, Exploration Manager for AURYN Mining Chile SpA who is a registered P. Geo (Nova Scotia) as well as a member of the Colegio de Ingenieros del Peru.
Yeah... lets get our MDMN business done so we can get onto little nper business...
SHAREHOLDER UPDATE January 17, 2015
Dear Medinah Minerals, Inc. Shareholders:
Medinah Mining Chile (MMC) provides notice to Medinah Minerals Inc. (MDMN) that the Option Agreement among the parties, Medinah Mining Chile, Compania Minera Nuoco Mining S.C.M. (NUOCO) and AURYN Mining Chile (AURYN) has now been formally signed and notarized by all parties under Chilean governing laws that grants to AURYN Mining Chile SpA the ability to earn up to 85% of the shares of the NUOCO Company.
By option agreement, AURYN can earn 60% of the NUOCO shares by completing a minimum of 5,000 meters of diamond drilling as well as completing geophysical and geochemistry work matters. AURYN, upon signing the Option Agreement, immediately engaged the firm of Geodatas Chile, by contract, to commence an airborne magnetometry survey and ground I.P. study of the Nuoco property and abutting Altos de Lipangue claims.
Should AURYN continue to the secondary leg of the option agreement they will invest U.S. $2.5 million dollars to conduct a full feasibility study in order to earn an additional 25% of the NUOCO Company shares. AURYN would then earn in 85% of the shares of the NUOCO Company.
All costs for the Option Agreement will be the responsibility of AURYN Mining Chile SpA, with no cost assigned to the NUOCO Company. Should AURYN choose to vacate the Option Agreement the NUOCO shares, materials and property claims would remain with NUOCO. AURYN’s Option Agreement period expires on or before August 31, 2017.
If AURYN exercises the full terms of the purchase Option Agreement as to the Altos de Lipangue, and then fulfills the terms of the NUOCO Option Agreement, Medinah Mining Chile has the right to purchase from the NUOCO Company the remaining 85% of the NUOCO Company shares. Medinah Mining Chile, already an owner of 15% of the NUOCO Company shares, would then aggregate 100% of the NUOCO capital, which 85% would be earned in by AURYN through completing the provisions of the Option Agreement.
In a separate notarized contract transaction, under notice by AURYN, Medinah Mining Chile was required to make concessions to comply with shortfall provisions in the Altos de Lipangue/AURYN Option Agreement. In order to meet this obligation, the NUOCO Company provided title to three of its Columbo claims to the benefit of Medinah Mining Chile. The NUOCO Company still maintains in excess of 2000 Hectares after providing the required claims concessions.
SHAREHOLDER UPDATE January 14, 2015
Dear Medinah Minerals, Inc. Shareholders:
Medinah Minerals Inc. (MDMN) wishes to inform that its wholly owned subsidiary, Medinah Mining Chile (MMC) has been presented with an option agreement proposing a purchase of NUOCO Mining Chile SCM properties by Medinah Mining Chile as recommended by the consulting firm in Chile, C & R Consulting. The NUOCO properties comprise the Las Dos Marias, Columbo and Mambo groups covering 2000+ Hectares. This proposal was presented by AURYN Mining Chile to MMC in order to consolidate and streamline their entire property package that includes the Altos de Lipangue properties, currently under option to AURYN from Medinah Mining Chile, into one group.
Medinah Mining Chile, currently a 15% shareholder of NUOCO, will agree to purchase the remaining 85% holdings interest in NUOCO as part of this strategic consolidation proposal. This purchase is subject to a performance agreement by AURYN Mining Chile with NUOCO, which agreement calls for the completion of work programs including geophysical, geochemistry and drilling programs on the NUOCO group of claims. The completion of this work will entitle AURYN to earn a 60% interest in the NUOCO properties. In the next phase, AURYN will earn an additional 25% by investing U.S. 2.5 million dollars into a feasibility study.
AURYN will bear all costs and immediately initiate a minimum drill program of 5,000 meters. All materials and discoveries remain the property of NUOCO if AURYN chooses to vacate the project. All rights and conditions given under this agreement by NUOCO shareholders would be rescinded and NUOCO would retain their original rights and holdings of the assets.
As in the MMC/AURYN agreement covering the Altos de Lipangue property, this contract gives AURYN the exclusive rights to the NUOCO properties until August 1, 2017. AURYN may decide to complete the agreements sooner.
By completing this transaction, MDMN through its subsidiary MMC, will effectively control 100% of the NUOCO holdings and will then be able to consolidate its Joint Venture Agreement with AURYN Mining Chile, SpA in conjunction with the Altos de Lipangue agreement.
Meetings in Chile this week discussing MDMN and finalizing the Nuoco/LDM Sale...
You can say that again...
We just have to wait it out...
First things first...
And MDMN must come first...
all we need for now is a bid/ask, go from there.......current .001 +++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++come on LP !!
2015 is on its way...!!!
[color=red][/color]
Hang tight all...
Not that you can sell anyway...
Our time will come...
Possibly hole 3 assay results this week for MDMN…???
Drill assay results for MDMN starting to show up and looking good.
Hopefully not too much longer.
So my guess would be 4 to 6 months once they can start the work.
Rumor also has it that things are already lined up to start working on NPER so hopefully it will all go smooth and without delay.
And with drilling results expected, on the first holes drilled, by the end of this month. Well, maybe our wait won't be too much longer?
NPER still waiting on MDMN is my guess. Once MDMN's stock price starts rising then I would like to believe they will be able to start working on NPER.
Yep... LP I hear... is involved...
I agree... they will get it up and running again...
Just hoping all the drilling to come on the ADL for MDMN tells a Gem of a story... if so... then it's all good...
sounds like a plan ! Hey, if LP has anything to do with reviving little brother, he'll get her running...lol....good to hear from you ! current.0003
LOL,
Yes, is still alive and will be well again one of these days...
Just don't know when...???
Plans in the works and wheels turning...
But MDMN is still the catalyst of which we are still waiting on...
well, well, well....what we have here ? Little brother up 9,900 % ! >>>>> LOL >>>>>@ least he's alive.....current .01
IMO, sold all on the last run to the .19 cent range....laughing all the way to the bank.....
I suppose les sold all the mdmn shares?
-in the local dumpster !.0001
Going,going,gone
wondering the same thing......
Not a peep... ADL is supposedly the total focus at the moment...
Any mention of nper at the meeting? With lp muzzled, I doubt it.
I haven't bought my ticket yet. I want to go but it looks more like I won't be able too. Although I'm not against buying it on Friday and flying out Saturday. I just have to take care of a few things at home first. I'll let people know if I go at the last minute.
Big, will you attend the mdmn meeting?
Thanks hlsh, I will have a good weekend and you do the same. I'm sure little nper will be discussed over the May 11th weekend in Las Vegas... Maybe not officially on the agenda but will still be discussed at least behind the scenes...
As has always been the case... we need to wait for MDMN to proceed first... then little nepr will start being addressed...
well, hope there's somekind of up-date @ the SHM regarding our little NPER..... if there are any plans in the works, R/M, update the paperwork, etc... only have 100,000 shares left, sold 400,000 over the last 3yrs for a nice 300 to 400% on my money.......not too shabby......current .0126>>>>>>> have a good weekend BigBaboon.....
OK, well I am certainly not selling!
Don't give up on it quite yet.
Bb, no more nper?
I would agree with that... most of the time...
You "invested" money in two non-SEC reporting pink sheet companies. Flushing money down a toilet would have net you a better rate of return; at least that's mildly entertaining. NPER will never trade again and as for the other mining company...good luck but get ready for a drop kick square in the family jewels.
Time will tell,and truth will stand.
Lied too...??? Who told you what...???
Have you read all the official company communication on MDMN's web site...???
And MDMN news is going to come when it comes...
big bab, I sure hope so, but no news (to me) in not good. I have a lot invested in both mdmn and nper and I hope I was not lied to.
Time will tell I guess... but I got a feeling that your assessment is totally off the mark...
I have a feeling mdmn is bust and Les price already liquidated npers shares.
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Website:
http://www.npenergy.com/index.html
NP Energy Corporation is an emerging mining exploration company with their assets in the resource rich country of Chile.
Share structure]
Authorized Shares (AS) = 200,000,000 shares
Outstanding Shares (OS) = 134,267,817 shares
NPER owns 14,000,000 shares of MDMN per CEO
FROM MEDINAH MINERALS RECENT SHAREHOLDER UPDATE:
Shareholder Update March 18, 2010 " But, in summation, we were finally able, through multiple meetings with a Major group, to secure a “signed and acceptable offer sheet” outlining their entire proposal to Medinah Minerals, Inc. Their actions and performance in accordance with their offer will be detailed as we move through the overall staged process with the clear understanding that we are under Non- Disclosure mandates. We feel we have real value potential, but until we have the check and “it clears” we will continue to exhaust every effort to secure contingency offers."
Financials ending 2006:
http://www.npenergy.com/financials.html
Total assets $3,223,541
Total liabilities $842,984
Transfer Agent
American Registrar & Transfer Co.,
342 E 900 S
Salt Lake City, UT 84111
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