Im Gegensatz zu vielen Explorern, wie Bullion River, Moto, Tournigan hat diese Firma konkrete Ergebnis und beginnt mit der Förderung Endes des Jahres, somit kommt Cash in Kasse! Die Aktie wird in Australien unter hohem Voloumen gehandelt!Der Preis ist ein Witz, wenn man mal liest, wie hoch die Fördermenge sein wird...für mich ein potentieller 100%er...
Hier ein paar Infos von deren Homepage:
ASX and Media release: 31 March 2005 Spectacular drilling result at Ballarat East Ballarat Goldfields NL (BGF) is pleased to announce that it has again intersected significant mineralisation at the Ballarat East project. Diamond drill hole BDD025B, returned a true width, weighted average assay grade of 30 metres @ 24g/t gold, from a depth of 562 metres down-hole. The intersection is interpreted to be the continuation of an ore shoot, already intersected 100m further north, which included previously reported gold intersections of 5.1 metres @ 11.3g/t, 6.0 metres @ 9.0g/t and 1.55 metres @ 42.4g/t. This ore shoot is located approximately 350 metres below the current decline position at the southern end of Ballarat East and will be accessed within the first two years of production. BGF Managing Director, Mr Richard Laufmann said, ?The most pleasing and important outcome is that our ongoing drilling success continues to demonstrate the robustness of BGF?s geological model, which has already delivered over 1 million ounces of Inferred Resource at a very low discovery cost.? ?It is encouraging and significant that these ore shoots at the southern end of Ballarat East are similar in size to the large high grade ore shoots defined by drilling in the northern part of the field, where most of the current Inferred Resource is located.? ?From the drilling to date, it also appears that the grades of the ore intersections, at depth, are significantly higher than the historical average grades achieved from the shallower old mines, which rarely went deeper than 300 metres on the East field.? Mr Laufmann said. ?BGF?s continuing ability to intersect high grade gold will allow it to better define its resource and reserve base in advance of the development program as drilling continues,? he said. Background Information BGF is currently developing the Ballarat East project, an underground mine with an expected life of 21 years, beneath the historic Ballarat Goldfields in Central Victoria. Production is currently planned to commence at around 100,000 ounces per annum and ramp up over three years to an average 200,000 ounces of gold per annum. BGF has previously announced an Inferred Resource of 3 million tonnes at 11g/t for 1.1 million ounces of gold at Ballarat East. In addition to this resource, BGF also announced southern end of Ballarat East, and will be accessed within the first two years of production. An Exploration Potential for the total Ballarat field of 8.3 million ounces of gold together with an Exploration Potential of 0.9 million ounces of gold for its Berringa field. The exploration results in this release were prepared by Mr Steve Olsen. Mr Olsen is a full time employee of the Company and is a Competent Person under the definition of the 2004 JORC Code. Mr Olsen consents to the publication of this information in the form and context in which it appears. The drilling result widths reported are estimated to be the true width of the mineralisation intersected. For further information, please visit our website www.ballaratgoldfields. com.au or contact Joel Forwood, Manager Corporate and Markets, on 03 5327 1111.
ASX and Media release: 5 April 2005 Finance Facility Secured to Allow an Early Start to Gold Production at Ballarat East Ballarat Goldfields NL (BGF) is pleased to announce that it has secured a bridging finance facility, with Investec Bank (Australia) Ltd (Investec). This facility will allow BGF to commence production at Ballarat East some six months ahead of the schedule previously envisaged under the pre-feasibility study. BGF has been completing its project development plan, incorporating the results of its recent drilling and optimisation studies. BGF now plans to begin accessing ore in the third quarter and to commission the process plant in the fourth quarter, this year. The plant construction contract will be finalised shortly. The earlier than anticipated production start has been made possible by the delineation of a number of ore sources in close proximity to the existing decline that will allow early mining access. The capital required by the company to come into production under the project development plan remains in line with the pre-feasibility study estimate. The company raised $27 million in July 2004, with the balance expected to come out of the funds to be raised from the exercise of the listed options in September 2005. Production is planned to ramp-up to approximately 200,000 ounces per annum over a three year period. As a consequence of the early commencement of production at Ballarat East, BGF will require funds to be committed earlier than anticipated in the pre-feasibility study. Therefore, in order to bridge its short term funding requirements BGF has arranged a finance facility with Investec. On completion of documentation, the facility will enable BGF to draw up to $17 million. This facility is expected to be re-paid from the exercise of the listed options. The facility does not require BGF to enter into any hedging arrangements. Further details will be made available over the coming months. For further information, please visit our website www.ballarat-goldfields.com.au or contact Joel Forwood, Manager Corporate and Markets, on 03 5327 1111.
|