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Sept'06 Minesite Six : Presenting on 12th.Sept


drbubb

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PRESENTING ... at 34th Minesite Mining Forum/ Tuesday Sept 12, 2006

 

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BDI Mining Corporation is an AIM listed company focused on building cashflow from diamond production in Indonesia and expanding the mineable resource base ahead of a feasibility study at the 100 per cent owned Woodlark Island gold project in Papua New Guinea. Last month it announced that it had produced 45,800 carats of diamonds from the Cempaka alluvial diamond project in Indonesia. Sales of diamonds in the June quarter totalled £2.14 million and another £375,829 came from sales of by-products including gold and platinum concentrates. The latest drilling results from Woodlark were very encouraging with one intersection of 32 metres at 3.24 g/t gold from 87 metres downhole.

 

 

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Belvedere Resources Limited is a Canadian listed company focused on mineral exploration in Finland. The company is currently the eighth biggest claim holder in the country with a diverse portfolio of gold, cobalt, uranium, zinc and copper properties.. Earlier this year Belvedere acquired a 45 per cent equity stake in Suomen Nikkeli Oy giving the company exposure to a number of advanced nickel projects. More recently it has signed an earn-in agreement with Pyhäsalmi Mine Oy on its Arkala zinc copper property in central Finland. This company owns and operates the nearby Pyhäsalmi Mine, with remaining reserves and resources of 15.6 million tonnes averaging 2.5% zinc and 1.2% copper. The company is working towards an AIM listing

 

 

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Moto Goldmines Limited is a gold exploration and development company listed on AIM, Toronto and the ASX. It has the rights to earn an interest in the Moto mine in the Democratic Republic of Congo. Since the commencement of field operations in early 2004 Moto has undertaken an extensive drilling programme focused on identifying substantial gold resources in an underexplored but highly prospective gold province. To date these amount to a total of 127.2 million tonnes at 2.7 g/t to give 10.9 million ozs of gold in the indicated and inferred categories. Moto is working towards completion of pre-feasibility work by the end of this month and it will then move on to a bankable feasibility study in 2007. The company has around US$58 million in the till so is under no financial pressure.

 

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Ovoca Gold Plc, which is listed in Dublin and London has strategically positioned itself to become a major participant along the Scandinavian Shield through its acquisition of NORPLAT's with it's platinum and gold properties in the Kola Peninsula. It also has a number of exploration projects in northern Sweden and a zinc joint venture with Aurum Gold in Ireland. More recently it has acquired a 74 per cent interest in CJSC Ayax Prospectors Artel, owner of the Goltsovoye silver licences in Russia. Three Russian directors have joined the board and bring a wealth of Russian focussed mining and business experience to Ovoca Gold.

 

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Pan African Mining Corporation is a Canadian listed exploratory resource company with approximately 10,000 square kilometers of diversified mineral properties and 2500 sq km of uranium properties in Madagascar. The company is exploring these properties for gold, uranium, precious stones, base metals and coal. The Mountain of Gold project, located in the Dabolava region of central west Madagascar, is the most advanced and it shapes up as a world-class prospect. Drilling is being carried out there at the moment but there have not yet been any results. The company has also started exploring and developing the Sakoa South coal project.

 

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River Diamonds plc is exploring for diamonds in Sierra Leone and Brazil. The Panguma project is an advanced kimberlite exploration target, where the AIM listed company has the right to a direct stake of 51 per cent once it has contributed US$1.5million. Two kimberlite dykes have already been confirmed and River Diamonds is continuing with its programme of mini bulk samples at the concession - results to date already reporting encouraging grades. Further sampling, drilling and geological mapping is also underway. The project is 50 kms from Koidu where the first hard rock diamond mine in Sierra Leone is being developed. River Diamonds also holds the largest land position in two diamond producing districts in Brazil and has a joint venture agreement with a subsidiary of Rio Tinto there..

 

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MORE on the Event:

GEI Link

Minesite : http://www.minesite.com/register15.php

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  • 9 months later...

Look for Moto Goldmines Now.

25-30 or "perhaps / better" 40 Mio unces of gold are on the table.

Heard, they are one of the first 3 companies, wich are ready next time with reviewing of mining contracts in DRC

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Pan African/ PAF has been good also

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