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Yep.. right in the middle of this is the tiny BVIG Ekom Eya..In an area the Nobles own results show to be higher than the average that others have point out.... the middle of what Noble will must likely want to turn in to an open pit mine with 300 meters of minerals to the North and 250 meters of Mineral to the South..... oh look there a Trading Halt on Noble....with issues of control....
... http://www.nobleminres.com.au/live/wp-content/uploads/2012/08/Suspension-from-Official-Quotation.pdf
right after this: http://www.nobleminres.com.au/live/wp-content/uploads/2012/08/Trading-Halt.pdf
Yep..... http://www.nobleminres.com.au/live/wp-content/uploads/2012/08/Suspension-from-Official-Quotation.pdf
right after this: http://www.nobleminres.com.au/live/wp-content/uploads/2012/08/Trading-Halt.pdf
Loh, G. and Manu, J. (2004). Evidence of Cr, Ni and Co mineralization within the
environment of the Akitekyi ultramafic complex in the Birimian terrain of Southwestern Ghana. Geological Survey Dept. 90th Anniv. Intern. Conf. Abstract vol. pp.23-24
Nickel Cobalt and Chrome
Manu, J. (2007). Model Framework for the Development of Small Scale Mining in
Ghana. – unpbl. Sabbatical work. Univ. of Ghana
Asiedu, D.K., Kutu, J.M., Manu, J. and Hayford, E.K. (2007). Geochemistry and
Provenance of Birimian Metagreywackes from Konongo area, Southwestern
Ghana. WAXI -2007 West African Exploration Initiative Workshop,
Ouagadougou. Extended Abstract, pp. 1-5.
Asiedu, D.K., Kutu, J.M., Manu, J. and Hayford, E.K. (2009). Geochemistry and
Provenance of Metagreywackes from the Konongo area, Southwestern
Ghana. African Journal of Science and Technology (AJST). vol. 10, no. 1,
pp.37- 44.
Were Drilled to the North and South of_the_Known_Bibiani_North_Mineralised_Zoned.....seems clear to me BVIG EKOM EYA is at the center of a deposit Noble is very interested in
http://www.nobleminres.com.au/live/wp-content/uploads/2012/06/Operational-Update1.pdf
This seems new BAC major holder in a ghana gold mine....Noble resources....
http://www.nobleminres.com.au/live/wp-content/uploads/2012/07/Becoming-a-substantial-holder_23072012.pdf
The old Bibiani North mine is accessible via the small village of Lineso Donkota. In addition some logging roads and footpaths are
available while some exploration access roads have been created. At least 42 new boring holes were put in the Bibiani North....Could be some new ones in EKOM EYA or not...might be to the North the mineral zone was extend 350 meters and to the south by 200 meters....
The drill rigs are not mounted on elephants ....the need a an access road..... the is in and has been in since march....
the access road is in Its on the SEMS Map on page 11 of 60
they drilled 42 holes in BN whether its the EKOM EYA or the Propecting Lic they needed a road to get the drill rig in.... and the KAT CAT 333.....
http://www.nobleminres.com.au/live/wp-content/uploads/2012/01/SEMS-BIBIANI-Mineral-Resource-Estimate_FINA
Very good increased reserves twice last time by 26 percent and now strong .... revenue, a trading halt and possible control issue....read the report
http://www.nobleminres.com.au/live/wp-content/uploads/2012/08/ASX-June-quarterly-2012.pdf
Right in the middle of the Noble Prospecting License the Bibiani North...is BVIG little Ekom Eya Coop
http://www.nobleminres.com.au/live/wp-content/uploads/2012/06/Noble-presentation_Earths-Resources_June2012.pdf
Makes you wonder how a company studying the deposits in Canada found this 24.7 acre claim in the heart of the Bibiani....
Wonder if Picket was the contact that got things together...he worked at KATX and in Ghana ....think he was looking for V and Co...real world links between Canada and the African Copperbelt
wonder if they will find any....
Manu kinda comes with the whole EKOM EYA.....
Loh, G. and Manu, J. (2004). Evidence of Cr, Ni and Co mineralization within the
environment of the Akitekyi ultramafic complex in the Birimian terrain of Southwestern Ghana. Geological Survey Dept. 90th Anniv. Intern. Conf. Abstract vol. pp.23-24
Nickel Cobalt and Chrome
Manu, J. (2007). Model Framework for the Development of Small Scale Mining in
Ghana. – unpbl. Sabbatical work. Univ. of Ghana
Asiedu, D.K., Kutu, J.M., Manu, J. and Hayford, E.K. (2007). Geochemistry and
Provenance of Birimian Metagreywackes from Konongo area, Southwestern
Ghana. WAXI -2007 West African Exploration Initiative Workshop,
Ouagadougou. Extended Abstract, pp. 1-5.
Asiedu, D.K., Kutu, J.M., Manu, J. and Hayford, E.K. (2009). Geochemistry and
Provenance of Metagreywackes from the Konongo area, Southwestern
Ghana. African Journal of Science and Technology (AJST). vol. 10, no. 1,
pp.37- 44.
the whole provanance of Metagreywackes sounds like Hickley work
Current Research (2012) Newfoundland and Labrador Department of Natural Resources ... AND POSSIBLE PROVENANCE OF REDUCED SEDIMENTARY UNITS ... al occurrences on the Bonavista Peninsula (Hinchey, 2010; ...... Lentz. Geological Association of Canada,
More and More Links in common with Newfoundland and Ghana, gold and other minerals.....Noble and Katx BVIG might well be on the same trail....wonder which major is after them
Loh, G. and Manu, J. (2004). Evidence of Cr, Ni and Co mineralization within the
environment of the Akitekyi ultramafic complex in the Birimian terrain of Southwestern Ghana. Geological Survey Dept. 90th Anniv. Intern. Conf. Abstract vol. pp.23-24
[8:30:26 PM | Edited 8:30:42 PM] ShortonCash: Nickel Cobalt and Chrome
[8:30:49 PM] ShortonCash: Manu, J. (2007). Model Framework for the Development of Small Scale Mining in
Ghana. – unpbl. Sabbatical work. Univ. of Ghana
Asiedu, D.K., Kutu, J.M., Manu, J. and Hayford, E.K. (2007). Geochemistry and
Provenance of Birimian Metagreywackes from Konongo area, Southwestern
Ghana. WAXI -2007 West African Exploration Initiative Workshop,
Ouagadougou. Extended Abstract, pp. 1-5.
Asiedu, D.K., Kutu, J.M., Manu, J. and Hayford, E.K. (2009). Geochemistry and
Provenance of Metagreywackes from the Konongo area, Southwestern
Ghana. African Journal of Science and Technology (AJST). vol. 10, no. 1,
pp.37- 44.
the whole provanance of Metagreywackes sounds like Hickley work
2009
DETAILS OF RESEARCH OR MAJOR PROJECTS UNDERTAKEN:
1. Determining some physical-chemical factors for the formation of the Birimian gold in Ghana
2. Geochemical evidences for base metal mineralization in Southwestern Ghana
3. Development of gold exploration planning in Ghana for Ghanaians using the decision tree concept
4. Model framework for small scale miners in their managerial and exploration programmes on their concession
\
http://www.nr.gov.nl.ca/nr/mines/geoscience/publications/currentresearch/2012/Hinchey_2012.pdf
Hinchey worked on this with Normore and now Normore is in Perth and Noble is from Perth
and Manau was work on the same mineral in the Bimiani
Pickett was in ghana
Sney and Abott next to each other
Great DD Tink your stuff is the best.....
I agree Noble posted that the reserves went up 26 percent and the stock price has done nothing but fail makes no sense.....
Looks Like the Boys got their Toys....for a while it seems....road is in.....
Holman Wilfley Ltd. shaker/separation table
The old Bibiani North mine is accessible via the small village of Lineso Donkota. In addition some logging roads and footpaths are
available while some exploration access roads have been created.
http://www.nobleminres.com.au/live/wp-content/uploads/2012/01/SEMS-BIBIANI-Mineral-Resource-Estimate_FINAL
IMO the access road is in Its on the SEMS Map on page 11 of 60
they drilled 42 holes in BN whether its the EKOM EYA or the Propecting Lic they needed a road to get the drill rig in....
There was one road and now it appear there is a second road the completion of the road that went through the pits at Walsh and Strauss and now it goes directly to the EKOM EYA and the Leaching tanks at The Bibiani main plant....
Power and second road are most likely in place..read the rest of Tinks post.
Donkoto is right where the "N" is where it says Bibiani North on map.
Power has been extended to the site....most likely the road is finished as well....
in accordance with the standards of the Public Company Accounting Oversight Board (United States).
http://sec.gov/Archives/edgar/data/1412126/000139390512000169/bvig_10k.htm
Wrong again as of 03-29 2012 85% complete.The public road diversion is now 85 per cent completed and equipment availability and productivity is in line with budget.
That right Tink the road that Connects the BVIG EKOM YE YA Coop and New BVIG partners....was as of 03-29 2012 85% complete...the outcrops just to the south proceeding as an one combined open pit mine...
A Road connecting the old Bibiani North Mine site to the plant..owned by Noble and who claim complete surrounds the BVIG EKOM YA Ye is certainly a topic that would be of intense interest since they would also in a joint venture with BVIG be in a great position to that advantage of the $132,000,000 dollars of tax loss carry forward...since they are now producing gold .....
http://www.miningweekly.com/article/company-announcement-production-at-bibiani-2012-03-29
Quote:
Mining at the Aheman and Strauss pits is progressing well and is part of Noble’s strategy to supply the first primary ore feed for the mill from these deposits. Reclamation of the levee material is also proceeding and it is used as primary ore feed to the processing facility during commissioning. The new grade control model for the Strauss pit has been highly successful, with the subsequent re-optimisation resulting in a 25 per cent increase in ore tonnage. Drilling and blasting operations have commenced during February at Aheman and Strauss pits. The public road diversion is now 85 per cent completed and equipment availability and productivity is in line with budget.
http://www.miningweekly.com/article/company-announcement-production-at-bibiani-2012-03-29
Quote:
The drilling, which involves five rigs, is focusing on the Main Pit and satellite deposits. Results so far suggest the mineralisation at the Strauss and Walsh satellite deposits is continuous and may form one pit.
A host of high-grade results have also been received from drilling at the Main Pit. These results, as well as those from other areas at Bibiani, will be included in the fresh resource and reserve estimate.
www.nobleminres.com.au
I believe the BVIG site the EKOM YA YE is the the other areas stated above and noted below as a drilling area in the red....
[/img]
My bet is it the route for the new powerlines as well.....
http://www.accessmylibrary.com/article-1G1-189624924/gh2-2-million-life.html
The Ekom Eya Cooperative Small Scale Miners at Bibiani in the Western Region, have received a loan facility at GH¢2.2million from the government.
The amount is to enable the miners extend electricity supply to their working site to off-set huge costs incurred through the use of diesel generators and purchase needed equipment.
They had earlier obtained a 24.79 acre land acceded by Anglogold Ashanti through the intervention of the government.
This is the first time in the history of the country that small scale or artisinal miners have received such assistance from the government.
New Road, new plant for processing ore down the road..makes for a nice joint venture partner...with a tax loss carry forward of $132,000,000.00
Quote:
Tax losses
As mentioned, one of the significant reasons for a joint venture is in relation to taxation, and in particular tax losses. There are a number of issues in relation to accessing tax losses that affect the choice whether to use a joint venture structure.
Access to tax losses Mineral mining companies will usually accumulate tax losses in the prospecting, exploration and development phases of a project. The tax characteristics of joint ventures and partnerships allow the members of these unincorporated bodies immediate access to these losses. Joint ventures and partnerships do not pay income tax or carry forward tax losses. The tax losses are enjoyed and tax liabilities are met by the members/partners.
There is one distinction between partnerships and joint ventures for income tax purposes. A joint venture does not file a tax return. Rather, the members of the joint venture will include in their individual tax returns their share of the joint venture’s revenue and costs. A partnership, on the other hand, must file a tax return. Thus, each of the partners will include their share of the annual net income or loss disclosed in the partnership’s tax return in their individual income
tax returns.
www.nzpam.govt.nz/cms/pdf-library/minerals/conferences-1/306_papers_11.pdf
A Buyer is going to want to structure a sale as to reduce the after-tax cost of acquiring the business. As a result, a primary concern will be the allocation of the acquisition cost. The Buyer will want this cost to be allocatable to assets than can be expensed or depreciated quickly. In some instances the business may have a net operating loss (NOL) or tax credit carryforward that the purchaser may want to use for future use. To the extent a transaction can be structured favorably to preserve any carryforwards or minimize any future restrictions, may translate into a Buyer's ability to pay more for that business
A stock sale causes no change in the legal entity. There is no change in the tax entity. The tax basis of the corporation's assets remains unchanged, and all the corporation's tax attributes, including methods, tax year, corporate tax election, are preserved. Existing carryforwards are available to the purchaser.
Wrong Again .....
24.79 Acres is ore or less 56,259.37195 tons per foot and at the depth they found the gold 24.79 acres is more than large enough...
to find some gold in the Super Walmart and the parking lot....not an issue....even better if there a road from your claim to the leaching Plant just down the road and easier yet if you can hook up to the new power lines....
Bibiani North Boreholes Summary
http://www.nobleminres.com.au/live/wp-content/uploads/2012/06/Noble-presentation_Earths-Resources_June2012.pdf
page 20 Bibiani North and
Bibiani Pl two different things in this pdf
The drill hole plan view with intersections clearly shows the gold mineralized trend is in a north-south direction along almost the entire 600 metre length of the permit.
http://katexploration.com/PressReleases/Business_Summary_Kat_Gold_Holding_Corp.pdf
4046 sq meters to an acre 24.9 acres in the Ekom Eya
600 meters long
means its about 168 meters wide
40185.26568 cubic yards per foot
1.4 tons per yard
56259.37195 tons per foot
Ekom Eya Resource Estimation
Inputting of all available data on the concession gave indicated gold resources of approximately 1,380,887 tons @ 6.0g/t (266,380 ozs) within the confines of the concession. However strike extensions remain open at both ends and at depth. 1380887 tons accross the whole claim would be a rectangle 24.5 feet deep there were 17 holes drilled an average of 172 deep so the the over burden could be cut 50 deep in a V and and then there would have to some material that would have already removed and then the underground mining would not be as deep
the good stuff is 31meters to 74 meters deep.... 320 meter more to the North of the 600 meter Ekom Eya and 200 meters to the south
the known pit would then be 1120 meters long....thats a good size pit
and needs a road to get material back the the plant
if the ekom eya is the center of the doughnut the pit can be as deep as needed...
question is what is the topo of the site..and it does appear to be on a ridge .there is suppose to be a low valley nearby that the tailings were pushed into so they could strip a 300 foot hill and get 100 meters deep just by cut of the top of a hill
you can check the deep of the old mine in meter on the KATX business plan
Bibiani
Bibiani mine produced 54,015 ounces at a cash
cost of US$180 per ounce, and well exceeded the
target of 51,000 ounces. Total ore processed
amounted to 0.6 million tonnes. This was
achieved at a head grade of 3.3 grammes per
tonne. Measured recovery stood at 89.2%.
Over the period, mining operations centred on the
Main Pit and South Hill, with South Hill operations
coming to an end. Activities at Big Mug have been
suspended until the fourth quarter of 1999 when
drier weather is expected.
Exploration continues with trenching in the
Pamumu B zone and line cutting in preparation for
the geophysical survey is scheduled to commence
soon. At the Bibiani north waste dump, several
trenches were excavated across the waste dump of
the old underground mine. The first phase of the
exploration drilling to test the potential for
underground resources commenced.
The revegetation programme is in progress. The
transplanting of seedlings into the waste dump
reclamation area is expected to be completed by
the beginning of the next quarter
http://www.anglogold.co.za/NR/rdonlyres/41EEE8BA-E776-40D9-8313-A838A849DCC5/0/Q1_310399.pdf
Bibiani mine produced 54,015 ounces at a cash
cost of US$180 per ounce, and well exceeded the
target of 51,000 ounces. Total ore processed
amounted to 0.6 million tonnes. This was
achieved at a head grade of 3.3 grammes per
tonne. Measured recovery stood at 89.2%.
Were Drilled to the North and South of_the_Known_Bibiani_North_Mineralised_Zoned.....seems clear to me BVIG EKOM EYA is at the center of a deposit Noble is very interested in
http://www.nobleminres.com.au/live/wp-content/uploads/2012/06/Operational-Update1.pdf
The KATX exploring boys have got their EY YA on_some_Mining_Toys
Looks like the Boys at the EKOM Ye Ya are getting some new toys..complete package with pumps and generators....
http://0053d99.netsolhost.com/Brochure/Goldfield%20Does%20It%20All.pdf
hundred yards per hour
<<< 1 Goldfield Engineering 'Alaskan' 100yph Gold recovery system $240,000
http://www.goldfieldeng.com/Brochure/Alaskan%2050%20-%20250.pdf">http://www.goldfieldeng.com/Brochure/Alaskan%2050%20-%20250.pdf" />
Use of Funds
KAT Gold is seeking $7.3 million in order to launch operations in Ghana. The majority of the budget is to establish operations on the Ekom Eya property. KAT Gold may use some of the operating capital to secure additional mining opportunities.
Equipment
Budget
Heavy Equipment
2 Caterpillar 330DL Excavators @ $465,000 each.
$930,000
1 D8T Crawler Bulldozer $695,000
1 980H Wheel Loader $475,000
1 963 Crawler Loader $225,000
Miscellaneous Heavy Equipment $125,000 Crushing and Grinding Equipment
1 SBM 100-120 Mobile Crushing and Screening Plant $418,000
1 SBM Hammer Mill $248,000
3 X 50' Conveyors $180,000
Miscellaneous Crushing and Grinding Equipment $140,000 Gravity Recovery Equipment
1 Goldfield Engineering 'Alaskan' 100yph Gold recovery system $240,000
3 Holman/Wilfly 16' Mineral Tables $114,000
Miscellaneous Recovery Equipment $135,000 Vehicles
2 Volvo 6X6 Ore trucks $300,000
3 Nissan 'Hardbody' Pick-ups $90,000
1 General Duty Service Truck $72,000 Generators 1X100kva Perkins Diesel.
$35,000 1X 50kva Perkins Diesel
$28,000 Miscellaneous small generators
$15,000 Pumps 2X 8"X6" Diesel Pumps
$60,000 Miscellaneous small pumps
$22,000 Miscellaneous Hoses and Fittings
$8,000 Man Camp
1X 20 Man Camp, Complete.
[5/21/2012 11:50:08 AM] ShortonCash: I like the exploring boys buying mining toys....
USGS Felsic volcanogenic massive sulfide deposit, 14 of 40
Other Handicamp Links and Information.
http://tin.er.usgs.gov/vms/show.php?labno=750&place=fCA05
USGS Felsic volcanogenic massive sulfide deposit, 14 of 40 in Newfoundland province (in Canada)
VSM sites in Newfoundland http://tin.er.usgs.gov/vms/show.php?labno=750&place=fCA05
Discovery date 1928
Tonnage 2.27
Copper grade 2.62
Zinc grade 0
Lead grade 0
Gold grade 13.4
Silver grade 56.0
USGS got that data from quote "References Canada Department of Energy, Mines and Resources, 1980, Canadian mineral deposits not being mined in 1980: Mineral Policy Sector Internal Report MRI 80/7, 294 p.
Geological Survey of Canada, 1967, Geology Island of Newfoundland: Map 1231A, scale 1:1,000,000.
Stephens, M.B., Swinden, H.S., and Slack, J.F., 1984, Correlation of massive sulfide deposits in the Appalachian-Caledonian orogen on the basis of paleotectonic setting: Economic Geology, v. 79, no. 7, p. 1442-1478.
Notice the Tulks Belt Deposit label above the Handcamp label on the lower Triangel
John Hinchey is mentioned below....Jim Hinchey was on the drill rigs and signature
on the Falconbridge reports...see note 7 Bathurst # 12 well that was studied by
David Lentz..... David Lentz was the moderator at the Gaint Ore Deposit Seminar in Aus...
The only current status that matters...
Current Operation (pics from Noble website of work next door) and BVIG future equipment list what is onsite now is important how?
Use of Funds
KAT Gold is seeking $7.3 million in order to launch operations in Ghana. The majority of the budget is to establish operations on the Ekom Eya property. KAT Gold may use some of the operating capital to secure additional mining opportunities.
Equipment
Budget
Heavy Equipment
2 Caterpillar 330DL Excavators @ $465,000 each.
$930,000
1 D8T Crawler Bulldozer $695,000
1 980H Wheel Loader $475,000
1 963 Crawler Loader $225,000
Miscellaneous Heavy Equipment $125,000 Crushing and Grinding Equipment
1 SBM 100-120 Mobile Crushing and Screening Plant $418,000
1 SBM Hammer Mill $248,000
3 X 50' Conveyors $180,000
Miscellaneous Crushing and Grinding Equipment $140,000 Gravity Recovery Equipment
1 Goldfield Engineering 'Alaskan' 100yph Gold recovery system $240,000
3 Holman/Wilfly 16' Mineral Tables $114,000
Miscellaneous Recovery Equipment $135,000 Vehicles
2 Volvo 6X6 Ore trucks $300,000
3 Nissan 'Hardbody' Pick-ups $90,000
1 General Duty Service Truck $72,000 Generators 1X100kva Perkins Diesel.
$35,000 1X 50kva Perkins Diesel
$28,000 Miscellaneous small generators
$15,000 Pumps 2X 8"X6" Diesel Pumps
$60,000 Miscellaneous small pumps
$22,000 Miscellaneous Hoses and Fittings
$8,000 Man Camp
1X 20 Man Camp, Complete.
First-tailings-truck-load
Bibiani-processing-plant-access-gate
The-first-Twin
No,402 wrong again. ,They Show N Bibiani in Pink, North Bibiani is two different things on the Noble maps It is The BVIG EKOM EYA and the Prospect Claim which is much larger..and surrounds the EKOM EYA the maps clearly show the 600 meter long and 165 meter wide shape also shown in the BVIG business summary...But thanks again for pointing out how well the Noble Map has the EKOM EYA covered plus a very large area to the North and the south of the claim...makes digging a pit easier if the neighbors help out....LOL
""Bibiani North Boreholes Summary
The drill hole plan view with intersections clearly shows the gold mineralized trend is in a north-south direction along almost the entire 600 metre length of the permit."" Page 22 of summary
Is were we get the length and the sketch of the boreholes is were the shape of the ekom Eya claim are found.
1 acre equates to 4046.85642 square meters.
24.7 acres in the claim
24.7 times the 4046.85 sq meters in an acre
99957.195 square meters in 24.7 acres
divided by 600 meters
166.5 wide and the claim shape looks about three times longer than it is wide
The length of the EKOM EYA can be use to establish scale on all of the maps that show the shape of claim... 600 meters From North to South...
New Maps from NOBLE (June 21, 2012)...showing the Prospective areas from Grasshopper up to Bibiani North Mine in HOT PINK... right on top of the BVIG Ekom Eya property! Thanks for the DD Tink...
And there is another map showing the New Road that was not on earlier maps along with photo on the Noble Website showing mining and hauling at the nearby Satellite pits...all at shallow depth.
It sure looks like they are moving in on the Bibiani North Satellite area of Ekom Eya
http://www.nobleminres.com.au/live/wp-content/uploads/2012/06/Noble-presentation_Earths-Resources_June2012.pdf
Ekom Eya Property is... the elongated piece there at Bibiani North.
Not at all read the bottom of the first page top of the second...
Please consider the guidance provided by staff legal....the spin-off idea came from his letter...IMO LOL KATX did what they wanted them to consider....a spin-off
The public road diversion is now 85 per cent completed and equipment availability and productivity is in line with budget.
http://www.miningweekly.com/article/company-announcement-production-at-bibiani-2012-03-29
Other sources don't seem to share your assessment....
I agree now its 320 meters more to the south and 200 meters more to the north of the known North Bibiani mineral zone shown on the older maps,,,Thanks to Tinks post 9593
http://www.nobleminres.com.au/Downloads/2010/210410equity_capital_raising.pdf
Bibiani North ore body The know body was extended very clear...
Were Drilled to the North and South of_the_Known_Bibiani_North_Mineralised_Zoned.....seems clear to me
http://www.nobleminres.com.au/live/wp-content/uploads/2012/06/Operational-Update1.pdf
Looks like the Boys at the EKOM Ye Ya are getting some new toys..complete package with pumps and generators....
http://0053d99.netsolhost.com/Brochure/Goldfield%20Does%20It%20All.pdf
hundred yards per hour
<<< 1 Goldfield Engineering 'Alaskan' 100yph Gold recovery system $240,000
http://www.goldfieldeng.com/Brochure/Alaskan%2050%20-%20250.pdf">http://www.goldfieldeng.com/Brochure/Alaskan%2050%20-%20250.pdf" />
Use of Funds
KAT Gold is seeking $7.3 million in order to launch operations in Ghana. The majority of the budget is to establish operations on the Ekom Eya property. KAT Gold may use some of the operating capital to secure additional mining opportunities.
Equipment
Budget
Heavy Equipment
2 Caterpillar 330DL Excavators @ $465,000 each.
$930,000
1 D8T Crawler Bulldozer $695,000
1 980H Wheel Loader $475,000
1 963 Crawler Loader $225,000
Miscellaneous Heavy Equipment $125,000 Crushing and Grinding Equipment
1 SBM 100-120 Mobile Crushing and Screening Plant $418,000
1 SBM Hammer Mill $248,000
3 X 50' Conveyors $180,000
Miscellaneous Crushing and Grinding Equipment $140,000 Gravity Recovery Equipment
1 Goldfield Engineering 'Alaskan' 100yph Gold recovery system $240,000
3 Holman/Wilfly 16' Mineral Tables $114,000
Miscellaneous Recovery Equipment $135,000 Vehicles
2 Volvo 6X6 Ore trucks $300,000
3 Nissan 'Hardbody' Pick-ups $90,000
1 General Duty Service Truck $72,000 Generators 1X100kva Perkins Diesel.
$35,000 1X 50kva Perkins Diesel
$28,000 Miscellaneous small generators
$15,000 Pumps 2X 8"X6" Diesel Pumps
$60,000 Miscellaneous small pumps
$22,000 Miscellaneous Hoses and Fittings
$8,000 Man Camp
1X 20 Man Camp, Complete.
Shees what are you talking about its the Bibiani North Update try again
http://www.nobleminres.com.au/live/wp-content/uploads/2012/06/Operational-Update1.pdf
LMFAO Bibiani North is the Ekom Eya...see map page 5
http://www.nobleminres.com.au/live/wp-content/uploads/2012/03/Noble-presentation-MINESMONEY-HONG-KONG_23032012.pdf
The KATX exploring boys have got their EY YA on_some_Mining_Toys New Roads and new Toys
Looks like the Boys at the EKOM Ye Ya are getting some new toys..complete package with pumps and generators....
http://0053d99.netsolhost.com/Brochure/Goldfield%20Does%20It%20All.pdf
hundred yards per hour
<<< 1 Goldfield Engineering 'Alaskan' 100yph Gold recovery system $240,000
http://www.goldfieldeng.com/Brochure/Alaskan%2050%20-%20250.pdf">http://www.goldfieldeng.com/Brochure/Alaskan%2050%20-%20250.pdf" />
Use of Funds
KAT Gold is seeking $7.3 million in order to launch operations in Ghana. The majority of the budget is to establish operations on the Ekom Eya property. KAT Gold may use some of the operating capital to secure additional mining opportunities.
Equipment
Budget
Heavy Equipment
2 Caterpillar 330DL Excavators @ $465,000 each.
$930,000
1 D8T Crawler Bulldozer $695,000
1 980H Wheel Loader $475,000
1 963 Crawler Loader $225,000
Miscellaneous Heavy Equipment $125,000 Crushing and Grinding Equipment
1 SBM 100-120 Mobile Crushing and Screening Plant $418,000
1 SBM Hammer Mill $248,000
3 X 50' Conveyors $180,000
Miscellaneous Crushing and Grinding Equipment $140,000 Gravity Recovery Equipment
1 Goldfield Engineering 'Alaskan' 100yph Gold recovery system $240,000
3 Holman/Wilfly 16' Mineral Tables $114,000
Miscellaneous Recovery Equipment $135,000 Vehicles
2 Volvo 6X6 Ore trucks $300,000
3 Nissan 'Hardbody' Pick-ups $90,000
1 General Duty Service Truck $72,000 Generators 1X100kva Perkins Diesel.
$35,000 1X 50kva Perkins Diesel
$28,000 Miscellaneous small generators
$15,000 Pumps 2X 8"X6" Diesel Pumps
$60,000 Miscellaneous small pumps
$22,000 Miscellaneous Hoses and Fittings
$8,000 Man Camp
1X 20 Man Camp, Complete.
I like the exploring boys buying mining toys....
Really this is the best you got....an anonymous corporation from Nevis...
Which by the way we forward every advisory and alert to members of enforcement at the United States Securities Commission (SEC) and the Financial Industry Regulatory Authority (FINRA), by email, to addresses made available to us by these regulators and yet nothing has been file since Katx was way down on their list...... WEEEEEE LOL
Duh....the exploring boys are optimistic enough to buy some mining toys....
Wrong again...USGS Felsic volcanogenic massive sulfide deposit, 14 of 40
Other Handicamp Links and Information.
http://tin.er.usgs.gov/vms/show.php?labno=750&place=fCA05
USGS Felsic volcanogenic massive sulfide deposit, 14 of 40 in Newfoundland province (in Canada)
VSM sites in Newfoundland http://tin.er.usgs.gov/vms/show.php?labno=750&place=fCA05
Discovery date 1928
Tonnage 2.27
Copper grade 2.62
Zinc grade 0
Lead grade 0
Gold grade 13.4
Silver grade 56.0
USGS got that data from quote "References Canada Department of Energy, Mines and Resources, 1980, Canadian mineral deposits not being mined in 1980: Mineral Policy Sector Internal Report MRI 80/7, 294 p.
Geological Survey of Canada, 1967, Geology Island of Newfoundland: Map 1231A, scale 1:1,000,000.
Stephens, M.B., Swinden, H.S., and Slack, J.F., 1984, Correlation of massive sulfide deposits in the Appalachian-Caledonian orogen on the basis of paleotectonic setting: Economic Geology, v. 79, no. 7, p. 1442-1478.
Notice the Tulks Belt Deposit label above the Handcamp label on the lower Triangel
John Hinchey is mentioned below....Jim Hinchey was on the drill rigs and signature
on the Falconbridge reports...see note 7 Bathurst # 12 well that was studied by
David Lentz..... David Lentz was the moderator at the Gaint Ore Deposit Seminar in Aus...
Wrong again...USGS Felsic volcanogenic massive sulfide deposit, 14 of 40
Other Handicamp Links and Information.
http://tin.er.usgs.gov/vms/show.php?labno=750&place=fCA05
USGS Felsic volcanogenic massive sulfide deposit, 14 of 40 in Newfoundland province (in Canada)
VSM sites in Newfoundland http://tin.er.usgs.gov/vms/show.php?labno=750&place=fCA05
Discovery date 1928
Tonnage 2.27
Copper grade 2.62
Zinc grade 0
Lead grade 0
Gold grade 13.4
Silver grade 56.0
USGS got that data from quote "References Canada Department of Energy, Mines and Resources, 1980, Canadian mineral deposits not being mined in 1980: Mineral Policy Sector Internal Report MRI 80/7, 294 p.
Geological Survey of Canada, 1967, Geology Island of Newfoundland: Map 1231A, scale 1:1,000,000.
Stephens, M.B., Swinden, H.S., and Slack, J.F., 1984, Correlation of massive sulfide deposits in the Appalachian-Caledonian orogen on the basis of paleotectonic setting: Economic Geology, v. 79, no. 7, p. 1442-1478.
Notice the Tulks Belt Deposit label above the Handcamp label on the lower Triangel
John Hinchey is mentioned below....Jim Hinchey was on the drill rigs and signature
on the Falconbridge reports...see note 7 Bathurst # 12 well that was studied by
David Lentz..... David Lentz was the moderator at the Gaint Ore Deposit Seminar in Aus...
10 May 2012 BVIG/KATG EKOM Ya Ye, is surround by these other pits... Nobles Claim surrounds the EKOM Ya Ye Guess the other pits are doing great... no wait excellent and exceeding expectations.....North Bibiani has a lot of the same structural and geo-chemical features.
http://www.nobleminres.com.au/live/wp-content/uploads/2012/05/Mining-and-production-update_FINAL_10052012.pdf
Thats Right Tink my bet is road and power are on the path....