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You would think the heavy selling should be just about done then.
I hope this was the last week for selling cheap paper.
5 - bagger. Nice xmas present.
Bought some more.
CEX
BXX
Chew chew chew
Good call.
That a boy, Johnny. I knew you'd come around.
I got a new baby now.
El Nino Ventures 25,000 meter drill program underway in the Democratic Republic of Congo (DRC)
VANCOUVER, Apr 14, 2008 (Canada NewsWire via COMTEX) --
-------------------------------------------------------------------------
-
First Reverse Circulation (RC) drill rig operational on April 12.
-
Two more drill rigs slated to begin on May 1.
-
Follow-up drilling on high grade copper zone (3.5% Cu over 10 meters)
started.
-
Four new very prospective zones to be drill tested over the next
5 months.
-------------------------------------------------------------------------
TSX.V: ELN
OTCBB: ELNOF
Frankfurt: E7Q
El Nino Ventures Inc. ("El Nino") (ELNOF) is pleased to announce that their 2008, 25,000 meter drill program is underway in the DRC.
The company will drill a minimum of 25,000 meters over the next 5 months. The Company will do a minimum of 12,500 meters of RC drilling and 12,500Â meters of Diamond Drilling. On April 12, 2008 the first RC drill rig started drilling the high grade copper zone where the company reported 3.5% Cu over ten meters in its initial drill program.
On May 1, 2008 two more drill rigs will be in operation. One of the drill rigs will be a diamond drill and this rig will focus on the copper showing now being drilled with the first RC rig and drill test the full length of the anomaly which runs just over 3 kilometers. When that drill rig is in operation the RC drill rigs will drill test 4 other areas of interest which have yet to be drill tested. These areas are located on our land position.
Mr. Allan Lines, our Exploration Manager, has prepared the 2008 exploration and drill program in conjunction with Caracle Creek International Consulting Inc. (CCIC). CCIC was retained by El Nino to review all the technical data and from that review the 2008 exploration program has been developed.
On our new acquisition announced in February 2008, airborne geophysics will be flown in the very near term, geochemical sampling will be carried out and later on in the season and we expect to drill test this permit.
Jean Luc Roy, President of El Nino states, "The dry season in the DRC is upon us and I am very pleased to announce the start of our extensive exploration and drilling program for 2008. We will follow up on promising results already obtained and we look forward to drill test other areas that show strong indicators on our permits. We are embarking on a very ambitious program and we will keep everyone up-to-date on the progress of our efforts in the DRC."
About El Nino Ventures Inc.
El Nino Ventures is a junior exploration company, whose corporate objective is to revisit former mining regions and apply the latest technologies to advanced stage exploration targets. El Nino has acquired a 70% interest in over 350 square kilometers in the world renowned copper belt in the Democratic Republic of Congo. In addition to our copper project in the Congo, the company has its project with Xstrata Zinc on the Bathurst mining camps and will soon start work on their Ireland properties.
On Behalf of the Board of Directors
("signed")
Jean Luc Roy, President and CEO
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release
I am very impressed by the way management is executing their strategy. Very quick flip on that property. Keep the focus on Legacy and solution mining. Excellent.
I hope it looks like this.
Time for a sector rotation into fert juniors.
Should get another good pop tomorrow.
I'll drink to that.
Close your eyes and concentrate... Can you hear him ?
Kaboom !!!!!!
Ya. I never saw it move. Must have been a late day thing ?
WEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE!!!!!!!!!!!!!!!!!
ROCKET ED
They could make more beer with Sorghum. Who needs barley anyway ?
Yup.. I have a few of them. Caught the last dip.
Trun Gold Exploration Program Commenced
April 04, 2008
VANCOUVER, CANADA: EurOmax Resources Limited (TSX-V: EOX) is pleased to announce that Phase 1 of the 2008 exploration program at the Trun gold property in western Bulgaria has commenced. Initial drilling of the large Big Hill West geophysical target encountered a 161 metre quartz-sulphide vein stockwork to the bottom of the hole with disseminated molybdenum. The planned program will include 4,000 metres of reverse circulation and 1000 metres of diamond drilling plus 25 line kilometres of geophysics (IP, resistivity and magnetics).
Big Hill Intrusion
Click Image to View
Exploration will focus on the Logo, Nadejda, 744 and Big Hill West targets.
At Big Hill West, a very strong sub-horizontal resistivity feature (present on 6 lines) with moderate chargeability and a coincident high order geochemical anomaly covering an area of 2 kilometres by 1 kilometre has been identified will be tested with drilling.
A wide vein breccia gold-tungsten stockwork was drilled at Logo in 2007 with encouraging results including 138 metres grading 0.8 g/t gold including 41 metres grading 1.6 g/t gold to the bottom of the hole TC 726 and 90 metres grading 0.5 g/t gold, 42 metres grading 0.1% WO3 and 50 metres grading 0.1% WO3 in TC 725. At Nadejda and 744 high grade gold mineralisation was reported in trenches. All of these targets are planned for drill testing.
A program of 4000 metres of reverse circulation (RC) drilling will be focused on the Big Hill West, 744 and Logo targets with diamond drilling of Nadejda, Logo and Big Hill West.
Eight hundred metres of reverse circulation drilling has been completed at Big Hill West and 744. Five hundred metres of diamond drilling has been completed at Big Hill West and Nadejda. Results are pending from this ongoing drilling.
K2 Intrusion
Exploration at K2 has focused on a well-mineralised intrusion covering 4 kilometres by 2 kilometres. Earlier trenching by Euromax reported 40 metres of 4.3 g/t gold and 257g/t silver and 24 metres of 3.56 g/t gold and 18.5 g/t silver. Follow-up drilling returned results including 108 metres at 0.8 g/t gold and 18 metres of 1 g/t gold and 163 g/t silver. A program of geophysics and diamond drilling is planned.
Teck Cominco Limited ("Teck Cominco") has the option to earn a 55% interest in the Trun property by spending C$3 million over 4 years. Upon Teck Cominco earning its initial 55% interest, it has the option to increase its interest to 70% by spending an additional C$10 million on the property.
Latest Project Images
Images from site operations and drill core are updated regularly on the EurOmax website.
Click to see images. (http://www.euromaxresources.com/gallery.html)
Qualified Person
John Menzies, a qualified person as defined by National Instrument 43-101, supervised the preparation of the information in this release.
Quality control and Quality Assurance
Trench and drillhole assaying was done at the Eurotest AD laboratory in Sofia, Bulgaria, an ISO9001 accredited facility. Quality control samples, standards and blanks, were routinely submitted with drillhole samples. Gold was assayed by a 50 gram fire assay with an AAS finish while other elements were assayed by acid digest-ICPMS.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
On Behalf of the Board of Directors
"John C. Menzies"
Chairman and CEO
RAY
There are a few of us in RAY.
Oh ya, or lower them. lol
I think your target is low.
High standard indeed.
Affinor no longer cease traded, raises $140,000
2008-04-01 14:48 ET - News Release
Mr. Dominic Gingras reports
AFFINOR: CEASE TRADING ORDER REPELLED AND UPDATES
Affinor Resources Inc.'s cease trade order issued Oct. 16, 2007, was repelled on March 7, 2008.
The company has closed its September, 2007, private placement for a total of $140,000. Consequently, the company has issued 1.4 million shares at a price of 10 cents per share and 1.4 million warrants to subscribe at 15 cents per share until Sept. 30, 2009.
Some of the company's property agreements have been modified. On Dec. 17, 2007, the company cancelled its option agreement on the Hebecourt property. The Dasserat property has also been abandoned as it did not meet with expectations.
Furthermore, Affinor also announces changes to the agreement with Gemco Trading Inc. regarding the acquisition of interest in Gemco's properties in the Democratic Republic of Congo. The terms of the acquisition were amended on Dec. 5, 2007, and provided for the cancellation of all cash payments and the issuance of 750,000 shares instead of three million shares payable after regulatory approval.
The company reaffirms its interest in acquiring the permits of Ressources Minieres du Congo SPRL (Remco) as stated in the press release in Stockwatch dated July 25, 2007. Affinor would also like to correct said press release, the total number of mining squares being 9,652 (8,275 square kilometres) instead of 10,204. However, as the company has not respected the conditions of the agreement, it will need to renegotiate a new agreement with Remco.
Finally, the company announces the resignations of Daniel Barrette and Gaetan Pelletier. Dominic Gingras, actual vice-president of the company, will act as interim president until the general meeting of the shareholders.
El Nino Ventures Inc. appoints new Independent Director
Last Update: 4/1/2008 8:03:14 AM
VANCOUVER, Apr 1, 2008 (Canada NewsWire via COMTEX) -- TSX.V: ELN
OTCBB: ELNOF
Frankfurt: E7Q
VANCOUVER, April 1 /CNW/ - El Nino Ventures Inc. ("El Nino") (ELNOF) is pleased to announce the appointment of Mr. Damian Towns to its Board of Directors.
Mr. Towns has significant financial expertise in dealing with the public financial reporting of Canadian mining Companies and since October 2006 has been the Chief Financial Officer (CFO) of Coro Mining Corp. A graduate of the University of Otago in New Zealand (Bachelor of Commerce with Honors) and a member of the Institute of Chartered Accountants of New Zealand. For the past eight years, his work has focused on the mining industry. Prior to his current position, Mr. Towns was also the Controller of First Quantum Minerals Ltd. and also an audit manager with PricewaterhouseCoopers LLP in Canada. Mr. Towns has international mining and accounting experience in Africa (including the DRC), South America and New Zealand.
Mr. Jean Luc Roy, President of El Nino Ventures states, "We are pleased to welcome Damian Towns to our Company's Board of Directors. His experience in the mining industry and his understanding of our dealing in the Democratic Republic of Congo (DRC) will further enhance the strength of our Board of Directors. Furthermore Mr. Towns financial experience will be most valuable as we move our projects forward."
Mr. Towns will be granted, subject to regulatory approval, an incentive stock option to acquire 200,000 shares of El Nino Ventures Inc. at a price of $0.60 per share, exercisable for five years under the Company's Stock Option Plan.
About El Nino Ventures Inc.
El Nino Ventures is a junior exploration company, whose corporate objective is to revisit former mining regions and apply the latest technologies to advanced stage exploration targets. El Nino has acquired a 70% interest in over 350 square kilometers in the world renowned copper belt in the Democratic Republic of Congo. In addition to its copper project in the DRC, the company is in the final stage of its exploration project in Bathurst, New Brunswick with Xstrata Zinc. El Nino will also commence drilling on its Irish exploration licenses in the month of April 2008.
On Behalf of the Board of Directors
(signed)
Jean Luc Roy, President and CEO
looks like you guys got all the cliche's down pat. What's next, a job at Sportsnet ?
Juniors are getting hammered again.
Serengeti drills 75 m of 2.2% Cu, 1.9 g/t Au at Kwanika
2008-03-26 07:09 MT - News Release
Mr. David Moore reports
SERENGETI INTERSECTS 610 METERS GRADING 0.74% COPPER, 0.78 G/T GOLD INCLUDING 75 METERS OF 2.28% COPPER, 1.92 G/T GOLD AT KWANIKA
Serengeti Resources Inc. has released the results of the first five holes of the winter 2008 drill program currently in progress on its 100-per-cent-owned Kwanika porphyry copper-gold property, British Columbia.
"K-08-62, which intersected a very long interval of supergene-enriched copper-gold mineralization, grading 1.06 per cent copper and 1.09 grams per tonne gold over 383.9 metres, is a truly exceptional hole," stated president and chief executive officer, David Moore. "We continue to be impressed with the grades and lateral continuity we are seeing along the open-edged, western side of the system at Kwanika. This has significant implications for the tonnage potential of this high-grade zone," said Mr. Moore.
SIGNIFICANT ANALYTICAL RESULTS
Inter-
From To val Cu Au Ag CuEq AuEq
Hole (m) (m) (m) (%) (g/t) (g/t) (%) (g/t)
K-08-62 130.9 740.9 610.0 0.74 0.78 1.8 1.21 2.07
incl 130.9 514.7 383.9 1.06 1.09 2.5 1.71 2.94
incl 241.2 453.9 212.7 1.40 1.58 3.2 2.35 4.02
incl 272.8 348.2 75.4 2.28 1.92 4.2 3.43 5.89
and 484.5 514.7 30.2 1.47 1.93 3.0 2.62 4.49
363.4 580.7 217.3 0.38 0.48 1.7 0.67 1.15
K-08-58 402.8 472.4 69.7 0.71 0.93 2.2 1.27 2.18
incl 351.0 608.7 257.7 0.30 0.21 0.9 0.43 0.74
K-08-59 351.0 461.2 110.3 0.50 0.39 1.6 0.74 1.27
incl 351.0 380.1 29.2 1.21 1.09 3.1 1.87 3.21
386.6 587.4 201.0 0.37 0.36 1.0 0.59 1.01
K-08-60 386.6 515.7 129.4 0.49 0.50 1.3 0.79 1.36
incl 405.8 435.0 29.2 1.19 1.25 3.2 1.94 3.33
K-08-61 334.0 390.5 56.5 0.34 0.19 1.2 0.46 0.79
GARON IS INJURED.
GNG
Golden Arrow drills 61 m of 3.04 g/t Au on Poncha
2008-03-27 04:32 MT - News Release
Mr. Joseph Grosso reports
GOLDEN ARROW INTERSECTS 61M AT 3.04 G/T GOLD AND 7.16 G/T SILVER ON PONCHA PROJECT, ARGENTINA
Golden Arrow Resources Corp. has released the assay results from the five-hole 1,553-metre reverse-circulation (RC) drill program carried out in November-December, 2007, on the Poncha gold-copper project in San Juan, Argentina. The five holes tested geochemical-geophysical targets within the two-kilometre by two-kilometre South target epithermal precious/base metal zone, completing the phase II drill program started in April-May, 2007.
Hole RCPC13, drilled in the northwest sector of the South target, intersected breccia-stockwork hosted gold-silver-copper-lead-zinc mineralization over a 266-metre interval, between 129 metres and 395 metres depth, that included numerous high-grade gold intercepts and wider mineralized zones, with highlights including:
266 metres at 1.21 grams per tonne gold and 3.30 grams per tonne silver (129 metres to 395 metres) including;
34 metres at 2.19 grams per tonne gold and 4.31 grams per tonne silver (129 metres to 163 metres) including;
nine metres at 4.88 grams per tonne gold and 8.43 grams per tonne silver (142 metres to 151 metres);
61 metres at 3.04 grams per tonne gold and 7.16 grams per tonne silver (270 metres to 331 metres) including;
four metres at 10.84 grams per tonne gold and 7.93 grams per tonne silver (281 metres to 285 metres);
eight metres at 10.91 grams per tonne gold and 24.00 grams per tonne silver (305 metres to 313 metres).
This strong zone of polymetallic mineralization is spatially related to a prominent induced polarization (IP) chargeability anomaly and geologically occurs along a northwest-striking contact between porphyry intrusive rock and volcaniclastic breccias which remains open in all directions.
A summary of highlights from the five holes reported herein are provided in the table attached. Results from the first part of phase II drilling on the South target included six metres grading 7.4 grams per tonne gold from DDHPC9, including one metre grading 35.03 grams per tonne gold (see news issued in Stockwatch dated Sept. 6, 2007).
Golden Arrow is earning up to a 100-per-cent interest in the Poncha project from Teck Cominco Ltd.'s subsidiary, Teck Cominco Argentina Ltd., by fulfilling expenditure and tenure maintenance requirements subject to Teck Cominco's option to re-earn up to a 65-per-cent interest in the Poncha property (see news issued in Stockwatch dated April 10, 2007).
The company is currently planning a drill program to systematically step-out from the RCPC13 discovery hole along the chargeability anomaly/porphyry contact in all directions to delineate the extent and tenor of the mineralized zone. This program will be executed either immediately before or after the Andean winter which usually extends from April to September.
Technical summary
The Poncha project is located in the Cordillera frontal of Argentina, San Juan province. The project hosts two mineralized zones; the copper-gold porphyry Northern target and the structural/breccia-related polymetallic epithermal South target. The two zones are separated by two kilometres of young, postmineral material (see April 10, 2007, news issued in Stockwatch). The geologic/genetic link between these targets has not been established yet.
Exploration in 2007 has been focused on the two-kilometre by two-kilometre South target where a hydrothermal-sulphide vein/breccia complex has been defined. Both carboniferous metasiliclastic sequences and unconformably overlying Tertiary-aged volcanic units show alteration and mineralization assemblages consistent with an intermediate sulphidation model (see Sept. 6, 2007, news issued in Stockwatch).
IP surveying has identified a northwest-southeast-oriented chargeability anomaly that underlies the central part of the South target. The anomaly is interpreted to reflect the concentration of sulphides (pyrite-galena-sphalerite) associated with epithermal mineralization and has been one of the primary targets of the phase II drill program. A total of 12 holes and 3,700.45 metres have been drilled to date on the South target, with collar spacing ranging from 220 metres to 350 metres, in both phases of drilling (2,147.45 metres of diamond core and 1,553 metres of RC).
The November-December, 2007, drill program resulted in the discovery of a new high-grade zone intercepted by PC13. Contiguous gold mineralization cut by PC13 starts at 129 metres below surface and extends for 266 metres to the bottom of the hole at 395 metres depth. Narrower zones of mineralization were intercepted by the other four holes completed in the November-December, 2007, program.
The table below presents highlights of the RC drill results for the South target for holes RCPC10-14.
ANALYTICAL HIGHLIGHTS FOR PONCHA RCPC10-14
Inter- Au Ag
From To val ppm ppm Cu Pb Zn Inter-
Hole (m) (m) (m) (i) (i) ppm ppm ppm cept
PC10 202 205 3 @ 1.46 9.07 60 143 2,027 1
PC10 216 220 4 @ 0.49 10.11 988 339 1,439 2
PC11 37 40 3 @ 0.49 1.98 60 1,532 5,521 3
including 38 39 1 @ 1.30 3.82 119 2,337 greater
than
10,000
PC12 161 164 3 @ 0.56 0.00 23 142 3,885 4
PC12 186 187 1 @ 0.69 3.28 31 695 3,638 5
PC12 229 230 1 @ 2.13 11.02 41 514 391 6
PC13 73 77 4 @ 0.22 4.13 298 900 1,912 7
PC13 129 395 266 @ 1.21 3.30 281 336 1,318 8(ii)
PC13 129 163 34 @ 2.19 4.31 438 304 2,833 9
including 130 140 10 @ 1.69 4.92 520 717 4,125
and 142 151 9 @ 4.88 8.43 649 209 4,459
and 154 158 4 @ 2.02 1.45 234 69 1,228
and 162 163 1 @ 2.71 5.60 617 276 4,722
PC13 174 201 27 @ 0.65 2.40 246 98 1,242 10
including 176 181 5 @ 1.56 6.52 344 163 1,937
and 186 189 3 @ 1.31 1.80 259 94 1,258
and 192 194 2 @ 0.77 1.90 286 106 1,809
and 198 199 1 @ 1.27 4.40 569 201 3,447
PC13 216 220 4 @ 0.57 2.40 352 116 2,195 11
PC13 270 331 61 @ 3.04 7.16 458 700 1,650 12
including 270 271 1 @ 2.77 7.80 1,043 284 6,696
and 275 278 3 @ 3.06 2.87 333 140 2,007
and 281 285 4 @ 10.84 7.93 111 159 1,120
and 288 289 1 @ 4.65 5.10 153 130 1,129
and 291 293 2 @ 3.56 4.35 74 98 793
and 295 296 1 @ 1.82 1.60 98 88 1,167
and 305 313 8 @ 10.91 24.00 1,783 1,810 2,153
and 316 322 6 @ 3.21 20.38 1,079 3,712 5,608
and 330 331 1 @ 2.29 5.40 675 184 4,092
PC13 359 379 20 @ 0.93 5.04 429 1,312 1,542 13
including 360 362 2 @ 4.61 6.65 98 96 552
and 366 370 4 @ 1.53 16.00 1,850 5,623 5,559
and 377 378 1 @ 1.19 4.60 56 216 951
PC14 231 236 5 @ 0.41 0.80 114 77 1,420 14
PC14 290 296 6 @ 0.34 0.18 53 470 1,779 15
PC10 2,446,102 6,692,633 4109 0 -70 269
PC11 2,444,635 6,692,130 4365 0 -60 200
PC12 2,445,801 6,693,040 4148 180 -70 335
PC13 2,445,241 6,693,093 4292 180 -70 395
PC14 2,445,122 6,692,907 4385 0 -80 354
Rolo stunk in that shoot out.