Minera IRL LTD, die Goldader der Insider

S.4

http://www.minera-irl.com/Portals/1/pdfs/15%20September%202010.pdf

http://www.deraktionaer.de/xist4c/web/Hohe-Goldreserven---ni…


Hohe Goldreserven - niedriger Preis

Anfang des 16. Jahrhunderts setzten die Spanier bei ihren Eroberungszügen in Südamerika alles daran, das sagenumwobene El Dorado, das Goldland im Norden Südamerikas, zu finden - ohne Erfolg. Erfolgreicher agieren knapp 500 Jahre später die Engländer, genauer gesagt die Manager der auf der Kanalinsel Jersey ansässigen Gesellschaft Minera IRL (WKN A0M P6A).

Das Unternehmen fördert bereits Gold in seiner Mine Corihuarmi. Und das mit Erfolg: Im ersten Halbjahr steigerte Minera die Produktion auf 15.169 Unzen, zu Cash-Kosten von nur noch 396 Dollar pro Unze. Der Umsatz kletterte um 37 Prozent auf 18,3 Millio­nen Dollar, während der Gewinn von 0,5 auf 1,8 Millionen Dollar mehr als verdreifacht werden konnte. Die Firma kommt dabei ihrem Ziel immer näher, in Corihuarmi jährlich 33.000 Unzen zu fördern.

Das Beste kommt noch

Die Corihuarmi-Mine dürfte allerdings bald von der argentinischen Produktionsstätte Don Nicolas in den Schatten gestellt werden. Dort soll ab 2012 mit der Förderung der 360.000 Unzen begonnen werden. Prunkstück Mineras ist die Liegenschaft Ollachea, die über Reserven von mehr als einer Million Unzen Gold verfügen dürfte. Minera erwartet, hier ab 2014 mit der Produktion zu beginnen. Jährlich will man dann 117.00 Unzen zu Kosten von weniger als 400 Dollar fördern. Darüber hinaus besitzt Minera IRL in Südamerika noch weitere vielversprechende Liegenschaften, die in den nächsten Jahren erschlossen werden sollen. In dieser Woche erfreute Minera seine Anteilseigner mit der Meldung, im argentinischen Escondido ein neues Gold- und Silbervorkommen entdeckt zu haben. Konzernchef Courtney Charles zeigte sich sehr erfreut: "Wir sind sehr erfreut über die Ergebnisse der ersten Bohrung bei Escondido, die uns bedeutende oberflächennahe Abschnitte einer Gold- und Silbervererzung mit einer Streichlänge von über 600 Meter gebracht hat."

Namhafte Großaktionäre

An eine goldene Zukunft für Minera IRL glauben offenbar auch zahlreiche namhafte Großaktionäre. So hält der weltgrößte Vermögensverwalter Blackrock derzeit mit 14 Prozent den zweitgrößten Anteil an dem Unternehmen (größter Anteilseigner ist der peruanische Staat mit 30 Prozent). Ebenfalls mit von der Partie sind JPMorgan oder die mit Minenunternehmen sehr erfahrene australische Großbank Macquarie.

Goldperle zum Schnäppchenpreis

Die Minera-Aktie, die dank der Meldung des Goldfundes in Escondido und des anziehenden Goldpreises jüngst aus ihrem Dornröschenschlaf erwacht ist, ist derzeit nur mit einem 2010er-KGV von 15 bewertet - viel zu wenig für einen profitablen Goldproduzenten, der noch über immenses Potenzial verfügt.

Probebohrung im Oktober. Der Kurs steigt und steigt...

http://www.londonstockexchange.com/exchange/news/...=20100920SN000595

20 Sep 2010 - 07:00



TIDMMIRL

RNS Number : 9305S
Minera IRL Limited
20 September 2010

?





   Minera IRL Update on Pan de Azucar Gold Exploration Project, Santa Cruz,
                                   Patagonia


London, 20 September 2010: Minera IRL Limited ("Minera IRL" or the "Company"),
(TSX:IRL) (AIM:MIRL) (BVL:MIRL) the Latin American focused gold mining,
development and exploration company, is pleased to announce an update on the Pan
de Azucar Gold Project in Patagonia, Argentina.
"Pan de Azucar represents a high quality gold exploration project." stated
Courtney Chamberlain Minera IRL Limited Executive Chairman.  "This recently
mapped fertile quartz vein structure with bonanza surface gold assays, up to 54
g/t from rock chip sampling, is supported by new high-resolution heliborne
magnetic-radiometric data. We now have a compelling target for the first round
of drilling which is scheduled to commence in mid-October."
Pan de Azucar represents a low-sulphidation epithermal vein system that outcrops
over a strike length of approximately 1.3 kilometers.  Surface rock chip
sampling has returned numerous elevated gold values of up to 54g/t.  The main
quartz-lode structure, up to 3 meters wide, is surrounded by a gold-silver
anomalous stockwork halo up to 35 meters thick.

Results from a recent heliborne geophysical survey clearly define a strong
northeast trending magnetic low anomaly associated with the outcropping vein
structure.  This signature is consistent with other well-known epithermal vein
systems in the region.

Pan de Azucar is one of three known epithermal vein exploration projects, with a
total outcrop exceeding 9 kilometers in length, located within Minera IRL's
larger Chispas package of leases in Santa Cruz Province, Argentina.  The
projects are situated within the geologically important Deseado Massif, an
emerging world-class epithermal vein province which hosts the Cerro Vanguardia,
Cerro Negro and Cerro Moro epithermal vein fields.

Minera IRL Patagonia holds exploration licenses over some 2,700 square
kilometers of prospective ground in the Deseado Massif which includes the
Company's Don Nicolas Project, currently undergoing a feasibility study, and the
recently announced Escondido discovery.

Additional information, including plans, surface assays and the magnetic
geophysical map, is available from the Company's web site, www.minera-irl.com.

Das peruanische Goldunternehmen Minera IRL Limited gab interessante Neuigkeiten hinsichtlich seines argentinischen Explorationsprojekts Pan de Azucar bekannt. Eine luftgestützte radiometrische Bodenvermessung habe eine ergiebige Quarzader mit beträchtlichen Goldeinschlüssen von bis zu 54 g/t aufgezeigt. Die ersten Bohrungen sind für Mitte Oktober geplant. Pan de Azucar ist Teil eines Epithermaladernsystems, dass Aufschlüsse über eine Streichlänge von etwa 1,3 km aufweist. Es ist eines von drei Epithermalader-Explorationsprojekten Mineras in der argentinischen Provinz Santa Cruz.

http://www.finanznachrichten.de/...ten-aktien/minera-irl.asp#18006301

Wann findet das Baby endlich mehr Beachtung ???

keiner investiert ??

bin schon länger in dieser heimlichen perle drin. warte daher auch schon lange geduldig darauf, dass endlich das passiert, was hier jetzt abgeht.
Ich erwarte aber noch mehr, da ein extrem aussichtsreiches gebiet noch gar nicht eingepreist ist.  

ich denke auch, dass das der beginn von etwas ganz großem ist. danke für deinen
thread-anfang und viel erfolg uns beiden .-

ich glaube nur bei diesem Wert ist etwas Stehvermögen bzw Geduld angesagt, die news fliessen spärlicher, dafür fehlen hier auch die Zocker und das ist gut so!
Fundamental und hinsichtlich der Aussichten ist alles im Lot!  

+ 20 % vom jetzigen kurs aus gesehen

nochmal von heute der aktionär...ja, ich weiß:D

                    §
Zur News-Übersicht
11:15 Uhr
                
§
Minera IRL: Erfreuliche Erkenntnisse

Thorsten Küfner
Der Goldproduzent Minera IRL konnte seine Anteilseigner erneut mit guten Nachrichten erfreuen. Das Unternehmen gab bekannt, in einem der zahlreichen sich in der Entwicklung befindlichen Goldprojekte eine ergiebige Quarzader mit beträchtlichen Goldeinschlüssen entdeckt zu haben.

Bei Minera IRL läuft es derzeit wirklich rund: Erst in der vergangenen Woche konnte der Konzern vermelden, in dem Escondido-Vorkommen in Argentinien auf Gold und Silber gestoßen zu sein. Nun kann das auf Jersey ansässige Unternehmen erneut seine Aktionäre mit einer positiven Meldung erfreuen.

Positives Update zu Pan de Azucar

In dem argentinischen Projekt Pan de Azucar hat Minera IRL sehr positive Erkenntnisse erhalten. Demnach hat eine luftgestützte radiometrische Bodenvermessung eine sehr ergiebige Quarzader mit beträchtlichen Goldeinschlüssen von bis zu 54 Gramm pro Tonne aufgezeigt. Die ersten Bohrungen in dem Vorkommen sind für Mitte Oktober geplant. Pan de Azucar ist Teil eines Epithermaladernsystems. Es ist eines von drei Epithermalader-Explorationsprojekten Mineras in der argentinischen Provinz Santa Cruz.

Aktie bleibt heiß

Die Aktie von Minera IRL, dem Tipp des Tages vom 16.09. und der Spezialreport-Aktie aus "Kurz vor der Entdeckung - Südamerikas beste Goldaktie für 0,70 Euro", bleibt für mutige Anleger weiterhin ein Kauf. Das Unternehmen produziert bereits profitabel Gold in einer Mine und hat zahlreiche sehr vielversprechende Projekte in der Pipeline. Nicht umsonst haben sich unter anderem der weltgrößte Vermögensverwalter Blackrock (14 Prozent), JPMorgan und die australische Macquarie Group bereits positioniert. Das erste Kursziel lautet weiterhin 1,20 Euro, der Stoppkurs sollte auf 0,69 Euro nachgezogen werden.
Aktien-Reports

http://www.deraktionaer.de/xist4c/web/...se_id_261__dId_12573249_.htm

Tuesday, September 28, 2010
Minera IRL interview transcript with Courtney Chamberlain, Executive Chairman

http://www.proactiveinvestors.com.au/companies/...hairman--10373.html

fällt der Kurs zur Zeit? Habe ich was verpasst?  

Minera IRL Announces Significant Resource Upgrade, Ollachea Project, Peru

JUN 14, 2011 - 02:00 ET
LONDON, UNITED KINGDOM and TORONTO, ONTARIO--(Marketwire - June 14, 2011) - Minera IRL Limited ("Minera IRL" or the "Company"), (TSX:IRL)(AIM:MIRL)(BVLAC:MIRL) the Latin American focused gold mining, development and exploration company, is pleased to announce a significant resource upgrade at the contiguous Minapampa and Minapampa East Zones, Ollachea Project, Southern Peru.

Highlights:

Total Indicated Resource in the contiguous Minapampa and Minapampa East zones has been increased to 10.7 million tonnes grading 4.0g/t gold containing 1.4 million ounces, an increase of almost 20% in this category. An additional inventory of 3.3 million tonnes at a grade of 3.0g/t gold containing 0.3 million ounces remains in the Inferred category

Included within the above resource envelope, the higher grade core Indicated Resource has increased to 4.8 million tonnes grading 5.5g/t gold containing 0.8 million ounces

This upgrade largely reflects the positive in-fill drilling at Minapampa East where 0.2 million ounces at a grade of 3.9g/t gold was elevated to the Indicated category

The updated Indicated Resource will be used to establish Minable Reserves in the Pre-feasibility Study scheduled for completion in July

Drilling is continuing at the Concurayoc zone, approximately 300 meters to the west of Minapampa, where a maiden resource estimate is scheduled for release in the third quarter

"The in-fill drilling at Minapampa East has been most encouraging demonstrating strong continuity of the lenses at significantly higher grades than expected." said Courtney Chamberlain, Executive Chairman of Minera IRL. "We now have a robust resource over a strike of 900 meters in the Indicated Category containing 1.4 million ounces which is the basis for the Pre-feasibility study which is nearing completion. Taking into account the Concurayoc zone, where drilling is continuing, we are confident that our global resource inventory will exceed 2 million ounces in the near future. Beyond this, exploration upside is excellent with gold mineralization open-ended along strike in both directions as well as down-dip. Much of this will be explored by drilling from the planned underground exploration drive."

This update supersedes the Ollachea resource announcement of November 2010. Subsequent in-fill drilling at Minapampa East has resulted in the contained ounces in the Indicated category increasing by nearly 20% to 1.4 million ounces. In the process both tonnage and grade has increased. This increase was also assisted by an increase in the dry in-situ bulk density from 2.80 tonnes per cubic meter to 2.83 tonnes per cubic meter.
 Indicated Mineral Resource applying a 2.0g/t gold cut-off
Zone Metric tonnes Grade – g/t gold Contained ounces
  (Millions)   (Millions)
Minapampa 9.3 4.0 1.2
Minapampa East 1.4 3.9 0.2
Total 10.7 4.0 1.4
   
Inferred Mineral Resource applying a 2.0g/t gold cut-off
 
Zone Metric tonnes Grade – g/t gold Contained ounces
  (Millions)   (Millions)
Minapampa 2.4 3.0 0.2
Minapampa East 0.9 3.0 0.1
Total 3.3 3.0 0.3

Included within the above resource envelope, the higher grade core Indicated Resource, using a 3.5g/t gold cut-off, has increased to 4.8 million tonnes grading 5.5g/t gold containing 0.8 million ounces.

This Canadian National Instrument NI43-101 compliant resource estimate was carried out by consultancy Coffey Mining over the Minapampa Zone and a contiguous strike extension known as Minapampa East. The estimate was based upon 88 diamond drill holes for 31,980 meters at Minapampa and 32 diamond drill holes for 14,424 meters at Minapampa East, for a combined 120 drill holes totalling 46,404 meters. The resource estimates apply a 2g/t gold bottom cut and top cutting as appropriate for each of the seven discrete gold-mineralized horizons, or "lenses" that have been defined to date.

Several of the most easterly holes drilled at Minapampa East, beyond which steep terrain precludes further drilling from surface, returned strong gold intersections including DDH11-148 with 7 meters grading 20.7g/t gold and DDH11-152 with 3 meters grading 27.2g/t gold. This augers well for future exploration of the eastern extension of the deposit from the planned underground exploration drive.

Resource Estimate Authorship and Methodology

The mineral resource estimate was prepared by Mr Doug Corley, Member of the Australian Institute of Geoscientists, Associate Resource Geologist in Resource Modelling with Coffey Mining Pty Ltd.

On the basis of the confidence levels of the key criteria that were considered during the resource estimation, the mineral resource estimates provided in this press release have been classified and reported in accordance with CIM guidelines and National Instrument NI.43-101.

The upgraded Ollachea resource estimate was based on 120 Minera Kuri Kullu S.A. (a subsidiary of Minera IRL) diamond drill holes totalling some 46,404 meters.

Minera Kuri Kullu senior exploration geologists and Minera IRL senior resource staff worked together in expediting representative 3-D geological-grade wireframe models defining the principal mineralized lenses at a lower cut of 1 g/t gold. The resulting in-situ geological-grade model, depicting the seven principal mineralized horizons discovered at Ollachea to date, was subsequently provided to Coffey Mining as a "guide" interpretation of the main mineralized components of the Ollachea orogenic gold deposit.

Prior to this, Mr Doug Corley conducted a field visit to the project site where he had the opportunity to interact with project geologists and related staff and to study the geology and associated mineralization in order to become familiar with the geological demeanour as well as continuity of grade distribution inherent to the Ollachea deposit.

Resource estimation methodology included completion using Ordinary Kriging for gold. The estimation was constrained within mineralized interpretations that were created with the assistance of the Minera Kuri Kullu and Minera IRL geological staff. The seven potentially economic gold mineralized domains were interpreted using closely spaced north-south oriented, vertical transversal sections based on a combination of detailed geological observations and gold grade information.

Competent Persons Statement

The preparation of the technical information contained herein was supervised by Donald McIver, VP Exploration of the Company, MSc Exploration and Economic Geology, a Fellow of the Australian Institute of Mining and Metallurgy (AUSIMM), who is recognized as a Qualified Person for the purposes of National Instrument 43-101, and who has reviewed and approved the technical information in this press release.

Minera IRL Limited is the TSX, AIM and BVL, Lima listed holding company of precious metals mining and exploration companies focused in Latin America. Minera IRL is led by an experienced senior management team with extensive industry experience, particularly in operating in South America. The Group operates the Corihuarmi Gold Mine and the emerging Ollachea Gold Project in Peru as well as the Don Nicolas Project in Argentina.

Some of the statements contained in this release are forward-looking statements, such as estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties.

While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggestions herein. Except as required by applicable law or regulation, Minera IRL Limited does not intend to update any forward-looking statements to conform these statements to actual results.

Quality Assurance and Quality Control Procedures Disclosure

The Company has implemented and maintains a Minera IRL quality assurance/quality control (QA/QC) protocol on the Ollachea Project to ensure best industry practice in sampling and analysis of exploration and resource drill core samples. The insertion of field duplicates, certified standards and blank samples into the sample stream form part of the MIRL procedure (these act as an independent check on contamination, precision and accuracy in the analytical laboratory).

Assay results are reported once rigorous QAQC procedures have been approved.

Independent Audit Programs

Towards maintaining compliancy with international standards as they pertain to the minerals industry resource evaluation and estimation procedure, MIRL regularly contracts the services of industry experts to conduct detailed audits of established QAQC procedures.

The Toronto Stock Exchange neither approves nor disapproves the information contained in this News Release.

 

http://www.thepressreleasewire.com/client/...leaseSeq=5&year=2011

 

Minera IRL Announces Disclosure Update
 

The Company's current mineral resource inventory, consistent with the previously reported resource statements, is as follows:
Project	Measured	Indicated	Inferred
Tonnes (kt)	Grade (g/t gold)	Gold (koz)	Tonnes (kt)	Grade (g/t gold)	Gold (koz)	Tonnes (kt)	Grade (g/t gold)	Gold (koz)
Corhuarmi	3,964	0.51	65	8	0.32	0.1	3,765	0.45	55
Ollachea	-	-	-	10,700	4.0	1,378	3,300	3.0	326
Don Nicolas	260	9.0	75	871	5.39	157	1,290	4.48	185
Total	4,224	1.03	140	11,579	4.12	1,535	8,355	2.11	566

Note:

1. Corihuarmi & Ollachea Mineral Resource prepared by Coffey Mining Pty Ltd. For calculation parameters refer to NI 43-101 Technical reports on SEDAR. Ollachea Mineral Resource as at June 14, 2011
2. Don Nicolas Mineral Resource as at April 1, 2010 prepared by Runge Limited and Coffey Mining Pty Ltd. For calculation parameters refer to NI 43-101 Technical report on SEDAR.
3. Corihuarmi Mineral Resource based on Mineral Resource as at 31 December 2009 less 2010 depletion. Corihuarmi inferred Resource is based on scree deposit as at 28 February 2010.

Competent Persons Statement

The preparation of the technical information contained herein was supervised by Donald McIver, VP Exploration of the Company, MSc Exploration and Economic Geology, a Fellow of the Australian Institute of Mining and Metallurgy (AUSIMM), who is recognized as a Qualified Person for the purposes of National Instrument 43-101, and who has reviewed and approved the technical information in this press release.

Minera IRL Limited is the TSX, AIM and BVL, Lima listed holding company of precious metals mining and exploration companies focused in Latin America. Minera IRL is led by an experienced senior management team with extensive industry experience, particularly in operating in South America. The Group operates the Corihuarmi Gold Mine and the emerging Ollachea Gold Project in Peru as well as the Don Nicolas Project in Argentina.

Some of the statements contained in this release may be forward-looking statements, such as statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. 

While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggestions herein. Except as required by applicable law, Minera IRL Limited does not intend to update any forward-looking statements to conform these statements to actual results.

The Toronto Stock Exchange neither approves nor disapproves the information contained in this News Release.
 

Minera IRL
Trish Kent
Vice President, Corporate Relations
+511 4181230
 

http://www.thepressreleasewire.com/client/...leaseSeq=4&year=2011

 

		Hole	Intercept	Assay – g/t	Gold
Zone	Type	Number	From	To	Meters	Au	Ag	Equivalent
								g/t*
NW	Vein	E-D10-026	89.30	90.00	0.70	136	157	139
NW	Bulk	E-D11-052	24.80	41.00	16.20	2.05	7.4	2.20
		including	38.35	40.30	1.95	10.0	14.4	10.3
NW	Bulk	E-D11-053	38.95	58.60	19.65	2.43	10.4	2.64
		including	38.95	41.50	2.55	9.55	51.6	10.6
NW	Bulk	E-D11-055	42.80	67.00	24.20	1.16	6.1	1.28
		Including	48.80	54.10	5.30	2.48	8.1	2.64
NW	Bulk	E-D11-057	28.40	72.00	43.60	0.84	6.8	0.98
SE	Vein	E-D11-036	68.70	78.90	10.20	0.17	76.1	1.69
SE	Vein	E-D11-037	54.00	58.20	4.20	1.63	663	14.9
		Including	56.00	56.55	0.55	4.16	1,250	29.2
SE	Vein	E-D11-039	37.60	41.00	3.40	0.71	193	4.57
		Including	40.00	41.00	1.00	1.19	509	11.4
SE	Bulk	E-D11-058	130.00	146.00	16.00	0.28	63.7	1.55
*Gold equivalent grade is calculated by dividing the silver value by 50 and adding this to the gold value.

Additional information on Escondido, including plans and drill sections as well as the extended geophysical images, can be found on the Minera IRL website.

In addition, Minera IRL continues to advance the Don Nicolas feasibility study and is actively exploring a number of highly promising grass roots precious metal prospects that are also located within the company's 2,700 square kilometre lease holding in Patagonia.

Competent Persons Statement

The preparation of the technical information contained herein was supervised by Donald McIver, VP Exploration of the Company, MSc Exploration and Economic Geology, a Fellow of the Australian Institute of Mining and Metallurgy (AUSIMM), who is recognized as a Qualified Person for the purposes of National Instrument 43-101, and who has reviewed and approved the technical information in this press release.   

Minera IRL Limited is the AIM traded and TSX and BVL listed holding company of precious metals mining and exploration companies focused in Latin America. Minera IRL is led by an experienced senior management team with extensive industry experience, particularly in operating in South America. The Group operates the Corihuarmi Gold Mine and the emerging Ollachea Gold Project in Peru as well as the advanced Don Nicolas Project in Argentina. For more information, please visit www.minera-irl.com.

Some of the statements contained in this release are forward-looking statements, such as estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties.

While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggestions herein. Except as required by applicable law or regulation, Minera IRL Limited does not intend to update any forward-looking statements to conform these statements to actual results.

Quality Assurance and Quality Control Procedures Disclosure

The Company has implemented and maintains a Minera IRL quality assurance/quality control (QA/QC) protocol on its projects to ensure best industry practice in sampling and analysis of exploration and resource definition samples. The insertion of field duplicates, certified standards and blank samples into the sample stream form part of the MIRL procedure (these act as an independent check on contamination, precision and accuracy in the analytical laboratory).

Assay results are reported once rigorous QAQC procedures have been approved.

http://www.thepressreleasewire.com/client/...leaseSeq=3&year=2011

 

Parameter	Units	Key performance indicator
Mine life	Years	9
Tonnes	Mt	9.5
Grade	g/t Au	3.65
Contained ounces	Moz	1.11
Metallurgical extraction	%	91.3
Ounces produced	Moz	1.01
Pre-production capital cost	$M	170
Life-of-Mine cash operating cost	$/t	46.7
Life-of-Mine cash operating cost	$/oz	436
Gold price assumption	$/oz	1,100
				Pre-tax	Post-tax
Project cash flow	$M	419	280
NPV at 5% real	$M	271	167
NPV at 7% real	$M	226	133
NPV at 10% real	$M	170	91
IRR (real)	%	28.1	20.5
Note:
	1.	$ represents US dollars
	2.	Costs are in 2Q 2011 $.
	3.	NPV as at commence of construction.
	4.	Post tax is before Workers' Participation Profit of 8% and Corporate Income Tax of 30%.

The Canadian National Instrument 43-101 documentation will be filed within the 45 day compliance period.

Based upon these positive results, the Company is embarking upon a Bankable Feasibility Study. This is expected to be completed during the second half of 2012. Consideration is currently being given to commencing a 1.3 kilometre long exploration tunnel into the orebody. This will facilitate underground exploration drilling of approximately one kilometre of eastern strike of the mineralization not conducive to drilling from surface due to steep mountain terrain. The most easterly holes drilled from surface intersected high grade gold mineralization giving the Company strong encouragement for drilling success from underground in this eastern zone. A maiden Inferred Resource at the Concurayoc Zone, approximately 500 meters west of Minapampa, is scheduled to be released to the market later in the third quarter.

Competent Persons Statement

The preparation of the technical information contained herein was supervised by Courtney Chamberlain, Executive Chairman, BSc and MSc Metallurgical Engineering, a Fellow of the Australian Institute of Mining and Metallurgy (AUSIMM), who is recognized as a Qualified Person for the purposes of National Instrument 43-101, and who has reviewed and approved the technical information in this press release. Also by Donald McIver, VP Exploration of the Company, MSc Exploration and Economic Geology, a Fellow of the Australian Institute of Mining and Metallurgy (AUSIMM), who is recognized as a Qualified Person for the purposes of National Instrument 43-101, and who has reviewed and approved the resource information in this press release.

Minera IRL Limited is the AIM traded and TSX and BVL listed holding company of precious metals mining and exploration companies focused in Latin America. Minera IRL is led by an experienced senior management team with extensive industry experience, particularly in operating in South America. The Group operates the Corihuarmi Gold Mine and the emerging Ollachea Gold Project in Peru as well as the advanced Don Nicolas Project in Argentina. For more information, please visit www.minera-irl.com.

Some of the statements contained in this release are forward-looking statements, such as estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties.

While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggestions herein. Except as required by applicable law or regulation, Minera IRL Limited does not intend to update any forward-looking statements to conform these statements to actual results.

Quality Assurance and Quality Control Procedures Disclosure

The Company has implemented and maintains a Minera IRL quality assurance/quality control (QA/QC) protocol on its projects to ensure best industry practice in sampling and analysis of exploration and resource definition samples. The insertion of field duplicates, certified standards and blank samples into the sample stream form part of the MIRL procedure (these act as an independent check on contamination, precision and accuracy in the analytical laboratory).

Assay results are reported once rigorous QAQC procedures have been approved.

Independent Audit Programs

Towards maintaining compliancy with international standards as they pertain to the minerals industry resource evaluation and estimation procedure, MIRL regularly contracts the services of industry experts to conduct detailed audits of established QAQC procedures.

The Toronto Stock Exchange neither approves nor disapproves the information contained in this News Release.
 

http://www.thepressreleasewire.com/client/...leaseSeq=2&year=2011

 

Minera IRL Announces Community Endorsement, Ollachea Project, Peru

JUL 21, 2011 - 02:00 ET

The Toronto Stock Exchange neither approves nor disapproves the information contained in this News Release.

http://www.thepressreleasewire.com/client/...leaseSeq=1&year=2011

 

	Ollachea, July 17 2011
Dr. Diego Benavides
President of Minera Kuri Kullu S.A.
Honorary Community Member of Ollachea

Convinced that mining operations can contribute to the sustainable economic development of the areas in which they are carried out, the Community of Ollachea ratifies it's support of Minera Kuri Kullu, subsidiary of Minera IRL, and to continue working together as partners in the social, environmental and mining development of Ollachea.

Ollachea is a community in the province of Carabaya, in the Puno region, in southern Peru. Four years ago, a Surface Land Usage Contract and an Artisanal Mining Exploitation Contract were signed between the Community of Ollachea and Minera Kuri Kullu, thereby beginning a strategic partnership to bring more employment opportunities, direct income, development of social programs to the community in general, and technical assistance in order to formalize the working and environmental practices of the local artisanal miners.

The Community of Ollachea aspires to increase and improve development opportunities for it's inhabitants, particularly its youth, through the multiple possibilities that represent the beginning of production of a mining project. We salute the progress of the exploration and the beginning of the Feasibility Stage of Minera Kuri Kullu's Ollachea Gold Project.

In a General Community Assembly, on the 17^th of this month, the Community of Ollachea were informed of and are backing, the development of the mining exploration tunnel that will allow Minera Kuri Kullu to confirm resources in order to then move towards the production phase of a future mine.

During the Assembly, the Community and the Company also agreed to back the development and improvement of local technical capacities and to promote the generation of service companies capable of being integrated into the activities required for the execution of the project's feasibility.

In Ollachea we recognize our growth potential and the opportunity we have today of becoming a model Peruvian community supporting investment and working in partnership with a mining company.

Signed by the President of the Campesino Community of Ollachea, Edwin Tito Checmapuco

http://www.thepressreleasewire.com/client/...leaseSeq=0&year=2011

 

Minera IRL Limited Company Structure

Minera IRL Limited together with its subsidiaries (the "Group") is a Latin American precious metals mining, development and exploration company.  Managed by a team of experienced mining executives, the Group's business was privately funded from inception in 2000 until listing on the London AIM Market in April 2007.  Minera IRL Limited is currently quoted on the Toronto Stock Exchange (TSX:IRL), London AIM (AIM:MIRL) and Lima, Peru (BVL:MIRL) stock exchanges.

The Group operates the Corihuarmi Gold Mine, is in prefeasibility stage at its Ollachea proyect  (both in Peru) and is undertaking a feasibility study in the Don Nicolas gold project in Patagonia, Argentina.
 

http://www.minera-irl.com/Portals/1/pdfs/...ucture_31Dec10_010111.pdf

 

Hier steck ein ware Goldmine Aus Siver und Gold die Reserven sind gewaltig und schaut euch mal wer da alles investiert ist,

viel spaß und vor allen viel Glück

 

sind unter anderen die geringe Produktionskosten und vor allem was jetzt noch alles kommt ;-)

Highlights:

Total Indicated Resource in the contiguous Minapampa and Minapampa East zones has been increased to 10.7 million tonnes grading 4.0g/t gold containing 1.4 million ounces, an increase of almost 20% in this category. An additional inventory of 3.3 million tonnes at a grade of 3.0g/t gold containing 0.3 million ounces remains in the Inferred category

 

http://www.minera-irl.com/Portals/1/pdfs/July%202011%20170711.pdf

 

Minera IRL CEO says the economics at $1600 gold price are ‘fantastic’ for the company

Monday, July 25, 2011

Minera IRL (TSX:IRL,LON:MIRL) CEO Courtney Chamberlain tells Proactive Investors that with the uplift in the gold price income is already $9mln up on target. Courtney says that while the company already has gold production up and running in Peru, the assets in Argentina represent exciting opportunities for Minera IRL.

Ceo interview..

http://www.youtube.com/watch?v=4QGegN9psh0&feature=player_embedded

http://www.proactiveinvestors.co.uk/companies/...or-the-company-.html

 

 

http://www.dirigentesdigital.com/articulo/.../exportaciones/peru.html