Molycor MK 8mile mit viel Potenzial(Silber,Uran ..
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MLYFF.NOO WKN
Trotzdem der Wert ist überall höher wie in Deutschland. Geradezu lächerlich der Kurs momentan. Was mich sehr zuversichtlich macht ist die Tatsache, dass der Vorstand der selbe ist wie bei Adanac. Und dort werden sie ja in höchsten Tönen gelobt, ausserdem ist die Berichterstattung erstklassig. Wenn ich da an meinen Depotnachbarn Thor Mining denke, da kommt kaum was an News rüber.
Mal sehen was Canada heute macht...
May 10, 2006 - Vancouver , British Columbia
Molycor Gold Corp. (MOR: TSX.V, Pinks: MLYFF, Frank: M1Y) is pleased to announce it has entered into an agreement to purchase 3 patented mining claims (subject to title opinion) located within the newly acquired Silverado claims in Nevada. The patent claims have past silver-base metal production from old underground workings. Twenty-two samples were taken from various dumps on the Silverado property, of which the first two samples M192218 and M192219 came from the patent claims. The sulfide mineralized samples were nearly completely oxidized with only occasional galena noted. The samples were selected by their relative density and assayed by Inspectorate Rocky Mountain Geochemical in Sparks, Nevada. Significant assays are as follows:
Sample Locations
Cu%
Pb%
Zn%
Ag g/t
Ag oz/t
M192218
2.09
12.80
37.30
4415.5
128.7
M192219
.35
21.70
22.10
180.9
5.3
M192220
4.90
6.00
3.20
506.6
14.8
M192227
.06
.19
.23
99.4
2.9
M192231
.90
.73
1.95
2034.6
59.3
M192234
12.10
.02
16.70
72.0
2.1
M192235
4.20
.10
22.60
48.1
1.4
M192236
1.40
1.40
1.30
522.7
15.2
The Silverado Property is located in the Pinto Mining District at the southern end of the gold-rich Battle Mountain Trend in Nevada and has similar geological structures as Barrick’s Archimedes Mine (the Ruby Hill Mine) located 12 miles to the northwest and the recently discovered (11.8 grams per tonne gold over 20 meters) Staccato Gold Resources located 8 miles to the west. The East Archimedes deposit has reserves of 1.0 million ounces gold and is expected to start production mid-2007. (Website: www.barrick.com)
Detailed sampling and mapping is continuing on all of Molycor’s Nevada properties to identify gold and silver bearing structures.
When conditions allow, Molycor will be sending crews to the Beaverdell Silver property to expand the VLF (Very Low Frequency) survey and extend the cross-overs that were identified last season. The Beaverdell Silver Property consists of 27 reverted crown grants that are owned 100% and located 1-4 kilometers southeast of Beaverdell, British Columbia. Eight of the crown grants have had intermittent past production, the largest being the “Wellington”, Lot #2621, which was most active from 1920-1954. Production from the Wellington was 8003 tons producing 1,507,393 ounces silver, 1,456,185 lbs zinc, 960,482 lbs lead and 367 ounces of gold. (MINFILE Assessment Report 16772) The claims also adjoin Teck Cominco’s Highland Bell Mine which produced (from 1913 to 1991) a total of 34,594,385 ounces of silver as well as significant copper, gold and cadmium. (MINFILE Assessment Report 15704)
The Highland Bell and Molycor’s properties are hosted within the Wallace granite, which is cut by quartz veins characterized by high silver content. Mineralization is composed of galena, sphalerite and pyrite with lesser amounts of arsenopyrite, tetrahedrite, pyrargyrite, chalcopyrite, polybasite, acanthite, native silver and pyrrhotite.
Molycor is also pleased to announce Mr. David Kwok has been appointed to the position of Chief Financial Officer (“CFO”). Mr. Kwok is currently Adanac Moly Corp.’s CFO and Chief Accountant and a welcome addition to the Molycor team.
This press release has been reviewed by Dick Addison, P.Eng., a Qualified Person pursuant to National Instrument 43-101.
On Behalf of Management
Edward Lee,
President and Director
Friday July 14, 4:04 pm ET
VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Jul 14, 2006 -- Molycor Gold Corp. (TSX VENTURE:MOR.V - News)(Other OTC:MLYFF.PK - News)(FWB: M1Y) is pleased to announce it has acquired, through staking, new claims in White Pine County, Nevada. A total of 32 samples were taken by the prospectors. The samples listed in this news release were taken from various locations on the property and includes sample numbers TN008 and TN009. Both are 20 ft semi-continuous chip or grab samples, approximately 140 feet apart. Assays were conducted by ALS Chemex in Reno, Nevada, using industry standard methods, quality assurance and control procedures.
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Sample Au gram/ Ag gram/ Ag oz/
Locations Cu% Pb% Zn% tonne tonne ton
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TN007 .01 .089 .26 0.66 116 3.4
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TN008 - 20' chip .01 .06 .05 1.76 133 3.9
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TN009 - 20' grab .06 .24 .24 0.88 364 10.6
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TN010 .01 .09 .30 0.47 119 3.5
--------------------------------------------------
TN012 .94 .34 .62 0.39 1145 33.4
--------------------------------------------------
TN021 .81 5.69 1.97 0.89 353 10.3
--------------------------------------------------
TN022 .05 .44 .74 0.72 40 1.2
--------------------------------------------------
TN040 .03 .39 .17 0.56 370 10.8
--------------------------------------------------
TN041 6.14 13.75 12.80 0.10 764 22.3
--------------------------------------------------
TN042 .92 1.73 .93 0.10 131 3.8
--------------------------------------------------
TN043 .03 .29 .28 0.27 34 1.0
--------------------------------------------------
TN049 .02 .51 1.91 0.08 67 1.9
--------------------------------------------------
TN050 .01 .05 .07 0.53 85 2.5
--------------------------------------------------
TN051 .11 .58 .18 0.70 150 4.4
--------------------------------------------------
TN052 .01 .35 .14 0.60 210 6.1
--------------------------------------------------
TN053 .01 .33 .05 0.09 34 1.0
--------------------------------------------------
TN054 .49 1.76 .33 0.39 48 1.4
--------------------------------------------------
TN056 .02 .73 .15 0.44 38 1.1
--------------------------------------------------
ADVERTISEMENT
The geological setting is similar to the Alligator Ridge, geological environment, with bedding and fault controlled jasperoids on limestone/shale contacts, typical of other deposits and mines on the Battle Mountain Trend.
This press release has been reviewed by Dick Addison, P.Eng., a Qualified Person pursuant to National Instrument 43-101.
The diamond drill program will consist of 5 vertical holes up to 350 (1150 feet) meters in depth located up to 1.5 kms north and east of the Central zone, within the geological structured setting of hornblende-biotite clinopyroxenite and gabbro/diorite (BC Geological Survey file map 2001-14).
The proposed holes are located on induced polarization geophysical targets and geochemical soil targets completed in 2005.
The drill holes are located to intersect the platinum group mineral contained within the lower basement of the structure. Previous diamond drill programs performed by the Companies have identified two zones, the Kenny Zone and Central Zones, both with significant intercepts of platinum/palladium/copper. Results as follows:
The Central Zone from previous diamond drill hole #97-21 includes 111 meter (364.1 feet) averaging 0.19% Cu, 0.410 g/t Pt, 0.352 g/t Pd, including a 15 meter (49.2 feet) section grading 0.54% Cu, 1.31 g/t Pt, and 0.949 g/t Pd. (*News release dated Nov 06 1997*) In 2000, the Ministry of Energy and Mines, Geological Survey performed litho geochemical sampling on diamond hole 97-21 and sample #GNX-60-1, which gave values of 3.32 g/t Pt and 2.65 g/t Pd. (Nixon, G.T., 2001: Whiterocks Mountain Alkaline Complex, Geology and PGE Mineralization, Geological Fieldwork 2000, Paper 2001-1).
The Kenny Zone diamond drill hole program located within 500 meters (1640 feet) west of the Central Zone returned values from DDH-03-2, a 6.1 meter (20 feet) section assaying 0.15% Cu, 0.39 g/t Pt, 0.26 g/t Pd, which included a 3.05 meter (10 feet) interval grading 0.63 g/t Pt, 0.44 g/t Pd and 0.19% Cu.
A drilling contract has been awarded and the drill program will commence in early September.
This news release was reviewed by Dick Addison, P. Eng., a qualified person under NI 43-101.
On behalf of the Boards
GOLDREA RESOURCES CORP.
"Larry W. Reaugh"
Larry W. Reaugh,
President and Chief Executive Officer
Trading Symbol: GOR – TSX-V
Pink Sheets: GORGF
FRANK: GOJ
MOLYCOR GOLD CORP.
"Ed Lee"
Edward Lee,
President
Trading Symbol: MOR – TSX-V
Pink Sheets: MLYFF
Frankfurt: M1Y
Die neue WebSite lautet: http://www.nevadacmi.com/
LG: Teras.