Panex Resources Inc. (DBGF)

[prado]

DBGF reinstated with the NV SOS 06/22/10. They just voted to increase their A/S to 500 million and to change their name to Panex Resources Inc. per the 8K received Sept 03, 2010. The sole director will be Klaus Echhof. Though the most recent filings don't indicate a merger....perhaps they are setting up for something??? DBGF is registered as a shell company per their latest 10Q.

"Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).
[ X ] Yes [ ] No"

10Q: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7360990

8K: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7448232

NV SOS: http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=MFp%252bS4OG6OR7cGmnKv%252fizQ%253d%253d&CorpName=DE+BEIRA+GOLDFIELDS+INC.

[Valhalla]

up another 20% from yesterday.Very active on the frankfurt Exchange as well.

[Feejo]

Just hope it drop to 0.01 or less so I can buy some to average down.

[sparkasse]

09/11/2006 13:49:10|S1|DBGF|DBGFE|De Beira Goldfields Inc. Common Stock|De Beira Goldfields Inc. Common Stock|09/12/2006|

[sparkasse]

10QSB is filed

[sparkasse]

There is a gap at 1.24 Euro in Germany.I guess we gonna close that here. (1.24 Euro about $1.60)

The News are terrific.

Stock is still in the hand of a big crowd of shorters.
As I hear the resource-estimates are very near to be published.

[sparkasse]

De Beira Announces that it has Signed an Agreement over the Condoroma and Suyckutambo Project Areas in the Cuzco Region of South Peru

PERTH, WESTERN AUSTRALIA, Aug 23, 2006 (CCNMatthews via COMTEX) -- DE BEIRA GOLDFIELDS INC. ("DE BEIRA" or the "Company") (OTCBB:DBGFE.OB)(FWB:D1Q)(WKN:A0JDS0) is pleased to announce that it has signed an agreement with the privately owned, Goldplata Group of companies over the Condoroma and Suyckutambo project areas in the Cuzco region of South Peru. Recent sampling of the project areas by De Beira provided the following results.

Surface grab samples from the historical mine area at the Condoroma Project produced the following results:

CN1 - 1,476g/t Silver, 4.02% Lead and 1.34% Zinc
CN2 - 1,325g/t Silver, 5.48% Lead and 1.37% Zinc
CN3 - 1,325g/t Silver, 1.33% Lead and 1.14% Zinc
CN6 - 5.14g/t Gold, 146g/t Silver, 8.06% Lead and 3.48% Zinc
CN10 - 22.4g/t Silver, 5.82% Lead and 1.36% Zinc

Grab samples from the vein systems at the Suyckutambo Project produced
the following results:

ST1 - 1.25g/t Gold and 78.2g/t Silver
ST2 - 8.44g/t Gold and 366g/t Silver
ST3 - 0.98g/t Gold and 84.7g/t Silver
ST4 - 4.71g/t Gold and 225g/t Silver
ST6 - 9.78g/t Gold and 470g/t Silver
ST8 - 6.85g/t Gold and 312g/t Silver
ST9 - 3.11g/t gold and greater than 100g/t Silver

The Condoroma silver district, containing the historical Condoroma mine and located in the general vicinity of Tintaya at an altitude of 4,600m has been mined for silver since the Spanish colonial days. Several veins are visible within the Condoroma property though the historical mining focus was on 3 main vein systems, the Bonanza Vein, Ramil Vein and Santa Rita-Mercedes. The principal elements are silver with associated minor gold, and lead and zinc. The veins strike approximately N35-45 degrees west with a 60 to 90 degree southerly dip. The NE striking Santa Rita Vein intersects the Mercedes vein in an area, which the Company believes has the potential to host significant mineralisation. The numerous stock work veinlets within the system were tested with limited sampling by previous workers and show the veinlets to also be mineralised.

The highly encouraging results from the grab samples suggest the system may be host to a polymetallic deposit.

Mineralisation is hosted in volcanic intrusives of the Tacaza Group. Mineralisation style is epithermal veins of quartz-calcite-siderite-rhodochrosite gangue and pyrite-galena-sphalerite sulphides with manganese oxides and minor gold and electrum.

De Beira believes that the Condoroma property has the potential to be a large tonnage polymetallic deposit.

The Suyckutambo deposit also has had a history of mining dating back to colonial times. Recent activity saw mining of the area by Cia De Minas del Peru (MHC) between 1945 and 1965 with a 150 Tpd plant through which 1M tonnes was treated for 9.03M ounces of silver and 125,400 ounces of gold. The grades vary during the mine life of this time and eventually water inflow stopped the mine. De Beira believes that significant ore remains below the level of previous workings.

The commercial arrangements for Condoroma and Suyckutambo project areas are identical. De Beira can earn a 65% interest in each project area by sole funding exploration expenditure of US$4 million over a three year period. $500,000 expenditure is required before De Beira can withdraw from the arrangement. After earning a 65% interest, De Beira can elect to increase its interest to 70% by funding expenditure to bankable feasibility study stage or a further US$6 million in expenditure, whichever occurs first over a three year period. De Beira would be required to pay a 2% NSR royalty on any production in the future.

DE BEIRA GOLDFIELDS INC

Reg Gillard, President

[sparkasse]

De Beira Goldfields Inc.: Appointment of New Auditor
Friday August 18, 3:51 am ET

PERTH, WESTERN AUSTRALIA--(MARKET WIRE)--Aug 18, 2006 -- DE BEIRA GOLDFIELDS INC. ("DE BEIRA" or the "Company") (OTC BB:DBGFE.OB - News)(FWB: D1Q)(WKN: A0JDS0): De Beira Goldfields Inc is pleased to advise that it has completed the engagement of GHP Horwath, P.C. as its new independent auditor.

GHP Horwath P.C., based in Denver, Colorado, is part of the global network of Horwath International. Through its membership of Horwath International, GHP Horwath P.C. has associate firms in South America, the region in which De Beira has its mineral assets and engages in exploration and mining.

DE BEIRA GOLDFIELDS INC.

Reg Gillard, President

[sparkasse]

NEWS
De Beira Announces the Appointment of an Exploration Manager and the Commencement of Drilling at the Minanca Mining Project in the El Oro Province of Ecuador
Wednesday August 16, 3:51 am ET

PERTH, WESTERN AUSTRALIA--(MARKET WIRE)--Aug 16, 2006 -- DE BEIRA GOLDFIELDS INC. ("DE BEIRA" or the "Company") (OTC BB:DBGFE.OB - News)(FWB: D1Q)(WKN: A0JDS0): De Beira Goldfields is pleased to announce that it has appointed an exploration manager, Mr Julian McDermott, to the large poly metallic Minanca mining property located in the highly productive Portovelo-Zaruma gold belt in the El Oro province of Ecuador. Mr McDermott will oversee the mining and exploration activities for the project, with the objective of increasing the current levels of production. Mr McDermott will also supervise exploration including drilling to increase the resource base to include the mineralised porphyry and stockwork systems which host the high grade veins currently in production.

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De Beira is currently reviewing all geological data within the underground mining operations and dewatering the existing development. Currently the mine is clear to the third level, and will be clear to fifth level in the near future.

Recent sampling of the underground workings and surface grab and trench samples has confirmed the stock work and the porphyry system to host significant gold, silver and zinc mineralisation.

As a result of the encouraging sampling results, De Beira has prepared drill sites for an initial 6,000m drilling program to test the potential of the large mineralised stock work system, and to confirm the previous resource calculations. Drilling is scheduled to begin around the 25 August and De Beira is confident of intersecting significant zones of mineralisation early in the drilling program.

The Portovelo region is host to a 15 km long system of poly metallic epithermal veins. Locally the vein system covers an area approximately 7 km long by 1 km wide, with mineralisation hosted in highly fractured host rocks with quartz and carbonate filling.

The 45-hectare property has been continuously mined since 1845 and mining in the region dates back to the 1600's. Mineralisation on the Minanca property includes gold, silver, copper, zinc and lead occurring in quartz calcite veins within an andesite host rock. The mine has 3 principal veins, varying in widths from 0.6m to 5m and length between 500m and 800m, of which only the Abundancia vein is the focus of current mining activity. This vein system is postulated as originating from dilational fissure openings resulting from the strike slip fault movements associated with the Portovelo Caldera. Numerous stockwork veinlets separate the major veins, and these stockworks are currently undergoing evaluation for an open pit-mining scenario.

Previous production from the mine since 1905 has been estimated at 4.5 million ounces of gold, the bulk of which was mined by SADCO (South American Development Company) between 1895 and 1950. SADCO total production for this period was 7.6 million tonnes at a cut off of 14.4 g/t gold for a total production of 3.6 million ounces of gold and 12 million ounces of silver.

Current underground development consists of 1800m of rail on 3 levels, 400m of drives, a 90m shaft and a 60m shaft. Previous workers developed the mine down to 300m, however current operations are only focussing on the 10m, 20m and 30m levels. In addition there are 14 levels above the principal adit and 30 levels below.

The processing plant is located 3km south of the mine, and is currently utilising 2 ball mills, flotation cells, carbon absorption and electrolysis. The current through put is approximately 5,000 tonnes of ore per month though De Beira intends to increase this to 10,000 tonnes per month in the near future.

No drilling has been carried out in recent times. As part of the future development strategy De Beira intends to fast track drill target definition to test the further depth potential of the current vein systems and simultaneously examine the potential of open pit mining the stockworks. De Beira is currently working on a JORC compliant resource estimate.

DE BEIRA GOLDFIELDS INC.

[Feejo]

Any news for drilling that supposed to start EARLY aughust?

[sparkasse]

Welcome to the DBGF Board!!!
Current shareprice $2.35