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| Eröffnet am: | 31.07.06 09:18 | von: Nr66 | Anzahl Beiträge: | 19 |
| Neuester Beitrag: | 08.08.06 11:42 | von: eufibu | Leser gesamt: | 5.386 |
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Soll man jetzt Kaufen??????
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Wertpapier: REESE CORP.(NEV.) DL-, |
OTTAWA--(BUSINESS WIRE)--July 25, 2006--Reese Corp. (OTCBB:RESE)(FWB:R5E) is pleased to announce the acquisition of 100% of Minera Jeronimo S.A. de C.V. The key asset in Minera Jeronimo is the El Tiliche project, located in NW Sonora, Mexico, approximately 50 kilometers NE of the Penoles-Newmont Herradura Gold Mine (4 million ounces), within the gold belt that stretches from southern California to central Sonora. The Mesquite mine (5 million ounces) and the Picacho mine (500,000 ounces) are among other large gold producers in this belt. Minera Jeronimo controls a very strategically located and large 14,300 hectares of mineral rights in 8 contiguous mining concessions. El Tiliche has been advanced over the past 2 years with a number of exploration programs and now boasts at least 6 drill-ready targets. Numerous surface samples have yielded over 5 grams gold per ton and over 100 grams silver per ton, which compares very well with early results at other producing mines in this belt.
Chris Crupi, President & CFO, commented, "This acquisition is the first step in our commitment to acquire advanced-stage projects in proven resource districts. There are numerous operating mines and recent discoveries in the area surrounding El Tiliche, and we are very excited to be adding such a promising property to our portfolio. El Tiliche is very strategically located in the belt, just 20 kilometers east of Hecla\'s La Choya mine, but the property only became available recently as previously the owners did not provide any access, so there has been no modern exploration until now."
The El Tiliche concessions are located at the intersection of a series of NE-SW high angle structures that pass through the Herradura gold deposit, and NW trending transform faults that makeup part of the Sonora-Mojave Megashear. Gold and silver mineralization associated with low angle faulting, as well as with higher angle structures, has been recognized in a number of areas within the concession block. Numerous small mine workings and prospects were mapped and sampled during a recently completed detailed reconnaissance of the property.
Intrusive and volcanic rocks of Jurassic age outcrop over a wide area in numerous low hills that are separated by areas of thin alluvial cover, and mineralized zones often project under this alluvial cover. During the recently completed detailed reconnaissance of the area, 584 rock chip samples were collected and sent to ALSChemex Laboratories for analysis.
The results are summarized below:
Summary of Results
--------------------------------- ----------------------------------
Gold in grams/ton Silver in grams/ton
------------------ Total # of ------------------- Total # of
From To Samples From To Samples
--------- -------- ------------- --------- --------- -------------
greater than 5.00 32 greater than 100 12
------------------ ------------- ------------------- -------------
1.00 4.99 77 50 99 19
--------- -------- ------------- --------- --------- -------------
0.50 0.99 33 30 49 23
--------- -------- ------------- --------- --------- -------------
0.20 0.49 65 20 29 30
--------- -------- ------------- --------- --------- -------------
0.10 0.19 58 10 19 69
--------- -------- ------------- --------- --------- -------------
less than 0.10 319 less than 10 431
------------------ ------------- ------------------- -------------
Total number of samples collected 584
While the results of the recently completed program are still being studied, at least 6 areas have been identified for drill testing. A 4,000-plus meter drill program is scheduled to begin in mid to late September, 2006, while a second follow-up program has already been planned.
Mr. Reed, VP Exploration, North America, commented, "I have been working in this gold belt since 1980, and have visited numerous properties and prospects in California, Arizona and Sonora. The key reason for my joining Reese was my familiarity with this property and my confidence in its potential. I was pleasantly surprised when I first gained access to the area and found numerous areas with wide spread gold-silver mineralization. It has taken almost 2 years to put the property position together, and during the initial reconnaissance study we collected rock chip samples with excellent grades. I am very excited to start drilling the multiple targets we have identified. The presence of silver in the gold deposits in this belt is a little unusual, and Herradura is the only deposit that I am aware of that contains appreciable silver. The team we have working on this property are very talented and have extensive experience working in mines in the area, and they all share my enthusiasm. This is elephant county and we believe we have an opportunity to discover multiple economic deposits at El Tilcihe."
Reese Corp. acquired Minera Jeronimo by paying US$16,000, issuing 455,000 restricted shares, assuming the work commitment and paying any taxes to maintain the concessions in good standing. In turn, Reese Corp.\'s 100% owned Mexican subsidiary (Minera Jeronimo) can earn a 65% interest in the El Tiliche project by spending US$400,000 on exploration during the next 12 to 24 months, and can acquire an additional 15% interest in the project once the exploration commitment has been satisfied.
About Reese Corp.
Reese Corp. is a precious metals exploration and development company. It is management\'s objective for Reese to become a gold and precious metals producer by developing the El Tiliche project in Mexico, and by acquiring other advanced-stage projects and/or producing mines in proven precious metal districts throughout the world. The Company trades on the OTC market under the symbol "RESE" and on the Frankfurt Exchange under the symbol "R5E". For more information, please visit the Company\'s web site at: www.ammexgoldmining.com (now available in the following languages: English, German, Mandarin, Spanish and French).
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company\'s control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the Company\'s filings with the Securities and Exchange Commission.
CONTACT: Skyline Communications, 613-226-9881
Toll-free: 1-866-481-2233
www.skylinecommunicationsinc.com
SOURCE: Reese Corp.
Ich war nicht ganz so gierig und habe hier auch schon meinen ersten 10% Trade abgeschlossen.
Reese Corp. Acquires Drill-Ready Gold Property on the Carlin Trend in Nevada
Wednesday August 2, 5:08 pm ET
RENO, Nev.--(BUSINESS WIRE)--Aug. 2, 2006--Reese Corp. (OTCBB:RESE - News; FWB:R5E) is pleased to announce that it has acquired an option to earn a 80% interest from Consolidated Global Minerals Ltd. (TSXV:CTG) in the Bailey Hills property located along the Carlin Trend within the Great Basin of Nevada, one of the world\\'s great metallogenic provinces - about 11% of the total world production of gold (approximately 74% of the United States production) is produced annually from this region (source: USGS). Included within this region are some of the largest gold deposits in the world with a resource potential that exceeds 3,200 metric tonnes (100,000,000 ounces) of gold.
The Bailey Hills project covers approximately 4.5 square miles (approx. 3,000 acres) and consists of 150 mining claims within the southernmost part of the Carlin Trend, along a prospective northwest structural zone which hosts numerous world-class gold deposits.
Mr. Reed, VP Exploration, North America, commented "Some targets on the property were drilled to shallow depths in the 1980\\'s by U. S. Borax and by Newmont in the mid 1990\\'s. Along with this drill information, we have a huge amount of geologic, geochemical and geophysical data that we are compiling to guide our drill program. Many discoveries that have been made in Nevada recently have been the deep feeder systems for the disseminated gold deposits that have been mined near surface. Our initial drill program that will commence by early September will target the deep feeder system, as prior drilling was shallow and did not test this deep target."
The structural and lithologic setting at Bailey Hills, both on a regional and property scale, is a direct analog to that at the 1.5 million ounce gold Rain / Emigrant deposits (Newmont), located 43 miles north-northwest of the Bailey Hills project. Underlying the Bailey Hills property are the same units which host gold at Rain, and proximal intrusions are noted at both. Recognition of these intrusive bodies at Bailey Hills was previously hampered by post-mineralization volcanic cover rocks, but geophysical surveys have identified intrusive rocks and numerous high angle faults underlying the claim area.
A substantial database of geological, geochemical and geophysical data has been obtained for the project from previous operators. Results from surface exploration, geophysics and initial drilling compare well with the lithology, geochemistry and structure of several known mines on the Carlin Trend. A CSAMT (resistivity) geophysical survey has just been completed for Reese and is currently being interpreted.
Drill targets will be selected based on the compilation and evaluation of this data. A first phase drill program of approximately 12 deep drill holes is being planned and permitted for the Bailey Hills property and is expected to commence in early September.
Under the terms of the option agreement, Reese Corp can earn a 80% interest in the property from Consolidated Global Minerals Ltd. with an upfront cash payment of US$25,000; and expenditures of US$4,000,000 within a three-year period, payable as follows: US$1,000.000 in year one, US$1,500,000 in year two and US$1,500,000 in year three.
About Reese Corp.
Reese Corp. is a precious metals exploration and development company. It is management\\'s objective for Reese to become a gold and precious metals producer by developing the El Tiliche project in Mexico, the Bailey Hills property in Nevada, and by acquiring other advanced-stage projects and/or producing mines in proven precious metal districts throughout the world. The Company trades on the OTC market under the symbol "RESE" and on the Frankfurt Exchange under the symbol "R5E". For more information, please visit the Company\\'s web site at: www.ammexgoldmining.com (now available in the following languages: English, German, Mandarin, Spanish and French).
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company\\'s control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the Company\\'s filings with the Securities and Exchange Commission.
Es gibt eine SIGNIFIKANTE MELDUNG bei
REESE, Frankfurt WKN A0J34W, www.ammexgoldming.com
Reese gibt soeben eine BEDEUTENDE NEUAKQUISITION im sog. Carlin Trend in Nevada bekannt!
- NEUBEWERTUNG - POSITION KLAR AUSBAUEN -
Kurse unter 1,56 Euro zum Aufbau nutzen.
Mehr in Kürze in gewohnter Form.
IHR
Helmut Pollinger
Was denkt ihr, lohnt es sich jetzt noch einzusteigen, oder werden demnächst Gewinnmitnahmen einsetzen???
Danke für Eure Meinungen
Am Montag ist in Kanada übrigens Feiertag und die Börse geschlossen.
Überall wo Bullv.... mitspielt, fallen die Kurse... Schurkenpacke
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