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Hi all, new to this site, most excellent forums. Just a heads up to those that are into the junior explorations stocks to put Artha Resources on your watchlist. Trades on the TSX Venture, symbol V.AHC.

 

They have some choice properties in Argentina's gold/silver mine belt, one in particular that adjoins/surrounds Silver Standard's Pirquitas mine on three sides. That mine has 140-200 million ounces and is just ramping up production, and you know area plays can be very profitable.

 

The management is quality and highly experienced proven minefinders. Their last buyout by Uranium One for $1.3 Billion and a previous one by Golden Star. It is still early in the exploration stage so it is still very cheap and unknown. I am thinking that will change soon after their news on Thursday of the ground results that are showing some very strong indicators on 5 large target sites for some major possibilities.

 

Here's the news and the website.

 

http://www.artharesources.com/s/NewsReleas...operties-Update

 

 

http://www.artharesources.com/i/misc/09-11...itas-update.jpg

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I see they are looking for uranium as well as precious metals.

DrBubb is very interested in uranium at the moment.

Artha Resources is a mineral exploration company focused on the discovery of profitable precious metals and uranium deposits in Argentina and Wyoming. The company 's vision is to build shareholder wealth through a focused exploration strategy aimed at the discovery of economic mineral deposits on projects strategically located in politically stable regions of the world. The company prides itself on the ability to systematically explore and evaluate projects at all stages in order to determine the strongest path to success.

 

Artha has assembled a management team that consists of an outstanding group of industry professionals with significant experience and accomplishments in project generation, exploration, mining and international finance.

 

The company has recently entered into an option agreement to acquire five exploration properties, two of which immediately adjoin Silver Standard's Pirquitas Mine. The Pirquitas Mine was recently completed and is expected to produce 10.9 million ounces of silver, 2,500 tonnes of tin, and 6,500 tonnes zinc per year over its 14.5 year mine life, based on current reserves. (www.silver-standard.com)

http://www.artharesources.com/s/Home.asp

 

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Yes they have very choice uranium properties as well as some phosphate in Wyoming. They scooped the uranium off of Energy Metals, who was the buyout company from Uranium One.

 

They ran out of cash after the uranium price crash as many others did so never got to drill them up as much as planned. Once uranium bounces you can bet they will be back in there.

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  • 1 month later...

Not sure if you caught the big Artha news the other day, lots of prime REE land. Share price and trading has come to life.

 

 

 

 

January 20, 2010

Rare Earth Properties Staked in Argentina

 

--------------------------------------------------------------------------------

 

Vancouver, British Columbia -- Artha Resources Corporation (TSX.V: AHC) is pleased to announce that the company has successfully staked over 100,000 hectares of ground highly prospective for a variety of rare earth, precious and base metals in Jujuy and Salta Provinces, NW Argentina.

 

The rare earths licences, covering over 300 square kilometers, include the Susques Property (Map 1), which covers more than 20,000 hectares in southern Jujuy Province, NW Argentina. Susques is known to be prospective for a variety of rare earths elements, including yttrium, and thorium has been historically mined on a small scale. The local geology is dominated by Ordovician sediments and Tertiary intrusives and Carbonatites with little detailed exploration ever being done. Rare earth mineralisation observed to date is hosted in stockwork veins with the host structures up to 10 metres wide.

 

The properties were identified as part of the Company's continuous target generation strategy where new opportunities are constantly being reviewed to provide ongoing feedstock for our expansion and growth. The properties were selected based on extensive local knowledge and deep experience in the NW Provinces, in particular through our local country manager who has mined and prospected in this region for almost three decades. His expert knowledge has guided our efforts to secure strategically significant and geologically prospective properties, with rare earths providing an important opportunity.

 

A short reconnaissance program by AHC geologists in December 2009 targeted Susques where mapping and rock chip sampling identified a number of parallel mineralised veins that have been traced for over 6 km in total strike length. The initial results from this sampling included sample 26954 which returned elevated rare earth elements, including Yttrium.

 

Sample

Number

Ce ppm

Dy ppm

Er ppm

Eu ppm

Ga ppm

 

26954

2990

106

18.65

182

17.2

 

Gd ppm

La ppm

Nd ppm

Pr ppm

Rb ppm

 

474

1360

2550

472

13.4

 

Sm ppm

Sr ppm

Th ppm

Y ppm

Zn ppm

 

825

933

>1000

192.5

90

 

 

 

Additional sampling on this property has shown that elevated levels of some rare earth metals are present on similar vein structures on other parts of the property.

 

These results are important first indicators of potential mineralisation considering the broader geological environment in which they lie. The ratio of heavy to light rare earths is also encouraging. More detailed work is now planned to commence in the coming months to ascertain the extent and economic potential of mineralization.

 

"We couldn't be more thrilled to be presented with an opportunity like this," says Todd McMurray, President, "adding a prospective property like the Susques Property to our portfolio greatly increases our chances of a major discovery in a highly prolific mining region of the world."

 

Although initial results are positive at the Susques Property, the Company remains fully committed to its Pirquitas Properties and its current exploration strategy of delineating drill targets. The new properties will add to the Company's already impressive land position and provide a diversified portfolio to the shareholders, thereby increasing the opportunities for success.

 

Charles Straw, B.Sc., is the qualified person under NI 43-101 responsible for the technical information in this news release.

 

 

On Behalf of the Board of Directors,

 

"Todd McMurray"

 

President

 

For Information Contact:

 

Todd McMurray

President, Director

Tel: 1 604 648 1530

Email: todd@artharesources.com

 

Bernie Kennedy

BK Consulting

1- 877- 489- 4440

berniekc@telus.net

 

www.artharesources.com

 

 

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Not sure if you caught the big Artha news the other day, lots of prime REE land. Share price and trading has come to life.

January 20, 2010

Rare Earth Properties Staked in Argentina

--------------------------------------------------------------------------------

 

Vancouver, British Columbia -- Artha Resources Corporation (TSX.V: AHC) is pleased to announce that the company has successfully staked over 100,000 hectares of ground highly prospective for a variety of rare earth, precious and base metals in Jujuy and Salta Provinces, NW Argentina.

 

The rare earths licences, covering over 300 square kilometers, include the Susques Property (Map 1), which covers more than 20,000 hectares in southern Jujuy Province, NW Argentina. Susques is known to be prospective for a variety of rare earths elements, including yttrium, and thorium has been historically mined on a small scale. The local geology is dominated by Ordovician sediments and Tertiary intrusives and Carbonatites with little detailed exploration ever being done. Rare earth mineralisation observed to date is hosted in stockwork veins with the host structures up to 10 metres wide.

 

The properties were identified as part of the Company's continuous target generation strategy where new opportunities are constantly being reviewed to provide ongoing feedstock for our expansion and growth.

 

See article:

Rare Earths:

Is the present hype justified? Can we pick winners?

http://www.financialsense.com/fsu/editorials/2009/1130.html

 

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Good article, I see one out today about a big report coming out in the spring from the US government on the decline of REE's and the China hoarding. The REE is a side thing, I'm in Artha for the chance of hitting another Silver Standard or Aquilar mine that are close by. Thats where the real excitement is coming when the drills start up in the next couple of months. Best play out there for 21 cents.

 

 

China stocks up on earthly resources

 

The vast majority of rare earth oxides needed to build everything from nuclear weapons to aircraft engines is now controlled by China, a Pentagon study concludes.

 

 

http://www.ottawacitizen.com/news/China+st...8606/story.html

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Pirquitas Update News

 

 

The geochemistry from the recent work provides two large and strong anomalies (Map 2) with multiple correlated pathfinder metals, consistent with the signature of a low sulphidation epithermal system.

 

 

Tuesday, January 26, 2010

 

 

Pirquitas Prospects Continue to Deliver

 

--------------------------------------------------------------------------------

 

 

Vancouver, British Columbia - Artha Resources Corporation (TSX.V: AHC) is pleased to announce that the company has successfully completed follow-up work on the Noelia Breccia Prospect in NW Argentina (Map 1), adjacent to the Pirquitas Silver Mine. The results are again very positive, delineating geochemical and geological targets consistent with the surface expression or a telescoped epithermal low sulphidation deposit. A number of drill targets have been recommended to test the anomalies. Artha will complete an induced polarisation (IP) geophysics survey prior to drilling to provide a better understanding of the sub-surface geometry of the mineralisation. This survey is planned to begin as soon as possible. The Company considers the results highly encouraging with further work planned to continue on this and other prospects in the area immediately.

 

The Noelia Breccia Prospect straddles the Crosby and Pirquitas North properties in Jujuy Province NW Argentina, which both surround the Pirquitas mining property on three sides. The prospect was initially identified as part of reconnaissance work completed in late 2009 and lies two km to the N-NE of the Pirquitas Mine, which commenced commercial production in 2009 and is expected to produce over 7 million ounces of silver this year. The mine is the largest primary silver mine in Argentina and the fifth largest in the world.

 

The latest work program consisted of detailed mapping and surface sampling at a scale of 1:10,000, over an area 700 hectares. Surface geochemical sampling was completed on a 100 x100m grid with systematic sampling of structures. A total of 212 surface samples were collected, of which 20 were duplicates to control QA / QC. Samples were sent to ALS-Chemex laboratory in Mendoza Province for preparation and to Lima, Peru for analysis. Four hand samples were selected for petrographical analysis.

 

Mineralogically the Noelia Breccia Prospect corresponds to a low sulphidation epithermal system with obvious quartz veinlets and breccia textures with intense silicification. The breccias are controlled by faults and fractures within both E-W and NW-SE cross-cutting structural systems. The host rock is a conglomerate (debris flow) with strong quartz - sericite alteration and silicification in an area of approximately 1.2 x 0.8km. The silicified structures consist of sets of unidirectional veinlets with dimensions of between 100 to 500 m in length and 1- 5 m in width. The scale of this breccia and its associated alteration halo is considered indicative of a broad and potentially large mineralised system.

 

The geochemistry from the recent work provides two large and strong anomalies (Map 2) with multiple correlated pathfinder metals, consistent with the signature of a low sulphidation epithermal system. The anomalies are delineated by elevated arsenic-antimony-mercury-lead-zinc and copper values over broad areas. Gold is also elevated in a small number of samples. The dimensions of the highest priority anomalies are approximately 450 x 180m and 200 x 100m respectively.

 

The results provide further excellent geological support for continued rapid and aggressive exploration on these Pirquitas properties. The Company is preparing for the upcoming field season with geophysics, surface geochemistry and mapping continuing with the aim of beginning a well defined drilling program in the northern-hemisphere this Spring.

 

Artha's CEO, Charles Straw, commented on the results by saying, 'the continued success we are having on the Pirquitas properties in the very short time we have had teams on the ground demonstrates, not only that our methods and techniques are working well, but as importantly, the properties are delivering as we hoped they would. I am very pleased with results and success to date and look forward to getting the next phase of work underway on these very exciting projects'.

 

Charles Straw, B.Sc., is the qualified person under NI 43-101 responsible for the technical information in this news release.

 

Artha was founded by a team of mining industry professionals with a proven track record in project generation, exploration, mining and finance. The team's primary goal is to build Artha into a world class mining company, focused on the discovery, development and mining of economic minerals deposits globally.

 

On Behalf of the Board of Directors,

 

"Todd McMurray"

 

President

 

For Information Contact:

 

Todd McMurray

President, Director

Tel: 1 604 648 1530

Email: todd@artharesources.com

 

www.artharesources.com

 

Bernie Kennedy

BK Consulting

1- 877- 489- 4440

Email: berniekc@telus.net

 

 

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  • 1 month later...

 

ARTHA TO RE-COMMENCE EXPLORATION AT THE PIRQUITAS AND RARE EARTH PROPERTIES IN ARGENTINA

 

Artha Resources Corp (C:AHC)

Shares Issued 21,631,287

Last Close 3/16/2010 $0.14

Thursday March 18 2010 - News Release

 

Mr. Todd McMurray reports

 

ARTHA TO RE-COMMENCE EXPLORATION AT THE PIRQUITAS AND RARE EARTH PROPERTIES IN ARGENTINA

 

Artha Resources Corp. will commence exploration on the Pirquitas and Vallecito properties, adjoining to the north, east and west of Silver Standard's Pirquitas Mine. Additionally, an aggressive rare earth exploration program will also begin on Artha's wholly-owned Susques project. All three projects are located in Northwest Argentina in the provinces of Jujuy and Salta provinces in Northern Argentina (to view Map 1 please click on: http://media3.marketwire.com/docs/ahc318.pdf). Exploration teams are expected to be on the ground by late March.

 

http://media3.marketwire.com/docs/ahc318.pdf

 

The work programs will consist of three geological teams and a geophysics team. The key work programs will be prospect level mapping at a scale of 1:10 000 where systematic surface sampling will be completed. The Vallecito and Pirquitas properties have already demonstrated their potential with reconnaissance work completed in December 2009 delineating coincident geochemical and geological anomalies. These anomalies are consistent with both epithermal low sulphidation precious metal mineralization at Pirquitas and replacement silver-base metal mineralization at Vallecito. Both these prospects will have further detailed mapping completed as well as induced polarization geophysics to ascertain any depth continuity of mineralization as well as defining drilling targets.

 

In addition to the extensive program on the Pirquitas and Vallecito properties follow-up mapping and sampling will begin on the Susques rare earth projects along with reconnaissance work and target generation on the Salta properties. The Susques rare earth projects in Jujuy will also be worked on with a rare earth specialist geologist leading the programs. The previously identified mineralized vein structures will be assessed in detail to determine the scale and dimensions of these highly encouraging targets.

 

Charles Straw, B.Sc., Chief Executive Officer, is the qualified person under NI 43-101 responsible for the technical information in this news release.

 

Artha was founded by a team of mining industry professionals with a proven track record in project generation, exploration, mining and finance. The team's primary goal is to build Artha into a world class mining company, focused on the discovery, development and mining of economic minerals deposits globally.

 

On Behalf of the Board of Directors,

 

"Todd McMurray"

 

President

 

 

For Information Contact:

Todd McMurray

President, Director

Tel: 1 604 648 1530

Email: todd@artharesources.com

www.artharesources.com

 

Bernie Kennedy

BK Consulting

1-877-489-4440

berniekc@telus.net

 

 

 

 

� 2010 Canjex Publishing Ltd.

 

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  • 1 month later...

I took some shares at the time of the recent Private Placement,

and so will be follwoing this one as well

 

AHC.v Chart ... update

ahc.gif

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