Okay die Zukunft spielt sich hier ab!
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Schön wenn man so ein Teil in seinem Depot begutachten kann !!!
http://www.usgold.com/
http://de.advfn.com/...mbol=TSE%3AVG&symbol=tsx%3Amrs&s_ok=OK
Aber hier wird mir auch langsam schwindelig...Wer hat denn Interesse das Ding immer so gewaltig zu deckeln... Wird echt Zeit das Medoro abhebt, alle Zeichen stehen aus Vollgas...
TORONTO, March 8 /CNW/ - Medoro Resources Ltd. (TSX-V: MRS) is pleased to announce a new National Instrument 43-101 compliant resource estimate for its Marmato Project of measured and indicated resources containing 7.49 million ounces of gold and inferred resources containing 2.23 million ounces of gold. In addition, there is an estimated M&I resource of 48 million ounces of silver and an estimated inferred resource of 13.4 million ounces of silver (see the summary table below).
Medoro's Marmato Project includes three individual properties - Zona Alta, Echandia and Zona Baja - all of which were recently acquired by the Company through its purchase of the companies owning these properties. These individual properties are held under different licenses but are contiguous and are all part of the same geological system.
The updated resource estimates discussed in this press release cover the combined areas of Zona Alta, Echandia and Zona Baja. Resource estimates for each of the three separate areas were prepared and disclosed previously (see press release dated February 22, 2010). We are now able to consolidate the mineral deposit and have made this new resource estimate comprising a single project, the Marmato Project, rather than summing the individual resource estimates for the three properties.
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MARMATO MEASURED AND INDICATED GOLD AND SILVER MINERAL RESOURCES
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MEASURED RESOURCES
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GOLD SILVER
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Cut off
grade Type Tonnes Grade Ounces Grade Ounces
g/t Au (000s) g/t Au (000s) g/t Ag (000s)
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0.30 Gold 37,222 1.04 1,242 7.99 9,559
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INDICATED RESOURCES
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0.30 Gold 207,887 0.93 6,249 5.75 38,398
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TOTAL MARMATO MEASURED AND INDICATED MINERAL RESOURCES
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0.30 Gold 245,109 0.95 7,490 6.09 47,956
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TOTAL MARMATO INFERRED MINERAL RESOURCES
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GOLD SILVER
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Cut off
grade Type Tonnes Grade Ounces Grade Ounces
g/t Au (000s) g/t Au (000s) g/t Ag (000s)
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0.30 Gold 75,810 0.92 2,232 5.51 13,432
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The estimates are based on over 80,000 meters of diamond drilling in 379 holes and using a cutoff grade of 0.3 g/t Au.
"We are particularly pleased with this new resource estimate because the total M&I resource estimate of 7.49 million ounces of gold represents an increase of approximately 700,000 ounces over what was previously reported for the total M&I resources on the three individual properties. This is a result of the Company's successful consolidation strategy at Marmato," said John Hick, CEO of Medoro.
"As our substantial infill and exploration drilling program progresses, we expect further increases in resources. In addition, we are currently anticipating gold production from our underground Mineros Mine at Marmato to be about 25,000 ounces in 2010," he added.
The Company is currently conducting an exploration and infill drilling program aimed at further expanding and upgrading these gold resources. With 5 drills currently working, approximately 5,100 metres have been drilled since January 15, 2010. The first batch of assay results from this drilling program should be available for release shortly. Next steps include a scoping study to consider the possibility of a large scale open pit mine at Marmato, and a study of the potential for cost and/or production improvements at the Mineros underground mine located on Zona Baja.
http://www.stockhouse.com/Breaking-Financial-News/...ntino-Gold-Mines
Posted on: Tue, 06 Apr 2010 16:25:00 EDT
TORONTO, April 6 /CNW/ - Medoro Resources Ltd. (TSX-V: MRS.V) announced today that on Monday, April 5, 2010, the Minister of Mines and Energy, Sr. Hernan Martinez, on behalf of the Colombian Government, issued a press release supporting Medoro's recently announced proposed acquisition of Frontino Gold Mines Limited. The release stated:
"Bogota, April 5 (SP). The National Government wishes to inform as follows:
On March 31, Frontino Gold Mines Limited, currently in mandatory liquidation, and the mining company Zandor Capital, a subsidiary of the Canadian company Medoro Resources, entered into a promise of sale, which will allow for a resolution of the serious problems faced by (Frontino) and for the clearance of the obstacles that compromised its viability.
The deal, approved last week by the Advisory Board composed of workers and pensioners of (Frontino), insures full payment of all pension entitlements for the life of the employee as well as the stability of the current workforce of the company.
The agreement includes, in addition to payment of all obligations of the company in liquidation, with a special emphasis on pension liabilities, social commitments of vital importance to this region and its workers; such as payment of health contributions for pensioners, a contribution destined for the financing of social projects in the area which will increase as production and the price of gold increase, as well as the possibility of equity participation in Medoro by any workers of the company who so desire.
The closing of this transaction clears the way for a better future for more than three thousand families in the municipalities of Segovia and Remedios whose livelihoods depend on gold mining. The agreement reached by these companies opens the door to an industrial modernization plan that will substantially improve the environmental, labour and industrial safety standards of the project as well as to an ambitious social management plan, as proposed by the National Government.
Frontino Gold Mines, after a fruitless search for a solution to its debt problems, went into mandatory liquidation in 2004 and, before the current negotiations, had failed to find a buyer.
These negotiations are a demonstration of investor confidence in Colombia and, moreover, will result in social advancements for the region as well for the mining industry of the country."
John Hick, CEO of Medoro stated, "We are very pleased to have the support of the Colombian Government for our acquisition of Frontino and look forward to completing the transaction and implementing our investment and social programs, which we believe will bring substantial benefit to the people of Segovia and Remedios." (Please see the Company's press release dated March 31, 2010.)
Sintraminergetica, the union representing certain of Frontino's workers, has asserted that it has filed a criminal complaint against Mr. Serafino Iacono, a significant participant in Medoro's proposed joint venture partner in its acquisition of Frontino (as discussed in Medoro's press release of March 31, 2010 referred to above), regarding statements he has allegedly made. Neither Medoro nor Mr. Iacono are aware of any such criminal complaint or of any actionable statements alleged to be made by Mr. Iacono.