www.miningweekly.com/article/...ear-future-cutifani-2010-03-29
|
Introduction 
ASX,TSX and FFT listed gold mining companyEstablished and un‐hedged gold producer based in Western Australia       Forecasting ~ A$30‐40m free cashflows pa  that has suffered from fractured ownership, stranded resources and a lack of exploration continuity (+22Mozs of existing resources identified regionally)  development and early cashflow opportunities    operating cashflows, project acquisitions and monetisation of uranium assets

www.crescentgold.com
Highlights for the Quarter Ended 31 March 2010 are:
· Successful completion of a second 50 day processing campaign through the Barrick Granny Smith Mill (BGSM) netting 22,658 ounces of gold and 7,707 ounces of silver via Ore Processing Agreement (OPA) with Barrick.
· The existing Ore Purchase Agreement (“OPA”) with gold major Barrick extended by a further two years, demonstrating the effectiveness of the operating relationship and to provide greater production certainty going forward for Crescent.
· Successful completion of A$5.3 million equity raising to fund acquisition and accelerated development work on Laverton Extended Joint Venture (LEJV) properties (purchased from Barrick and Carbon Energy in November 2009).
· Company’s A$5 million convertible notes extinguished, leaving a strong, debt-free balance sheet.
· Significant high-grade gold intersections recorded in recent reverse circulation (RC) drilling at Craiggiemore project near Laverton.
· High grade uranium assay results received from the Sturt Project, Moomba - South Australia.
http://crescentpublic.powercreations.com.au/...crescent-20--xiele.pdf
Crescent Gold Limited (ASX:CRE, TSX:CRA), the growing Australian gold miner and resources developer today reported further encouraging results from reverse circulation (RC) drilling at the Company’s Craiggiemore and West Laverton gold projects near Laverton in WA.
The current drill programme is aimed at extending the known mineralisation at these two targets.
#1f497d">
Since its previous announcement on 12th April 2010, a further 52 significant intersections have been recorded, including:
· 19m at 5.2 g/t gold,
· 8m at 9.2 g/t gold,
· 17m at 2.6 g/t gold
#1f497d">· 24m at 2.6g/t gold.
|
Wertung | Antworten | Thema | Verfasser | letzter Verfasser | letzter Beitrag | |
38 | 2.450 | CRESCENT GOLD geht in die Goldproduktion | Knappschaftskass. | louisaner | 20.03.13 11:00 | |
9 | ich habe von dem zeug 10.000 stck kk 0,16 | musicus1 | Klondyke | 23.11.10 09:18 | ||
7 | Goldpreis Ende 2010 auf 2000 USD je Unze. | sowa | publicaffairs | 11.11.10 09:23 | ||
2 | 2 | wieso morgen? | pritpal | pritpal | 01.02.10 14:07 | |
2 | 2 | Und warum machst Du einen neuen Tread auf ? | fernseher | bernd_41de | 06.09.09 22:56 |