Civitas Social Housing Share Discussion Threads

[steve243] 21/5/2012 20:40

really like the interview - thanks for the link

[tomboyb] 21/5/2012 17:46

Iberian Resources Spain acquired

Near Term Production / Cashflow

One of the largest Tungsten deposits in the world

Extension drilling show very good grades almost 10x better than base resource for 2 holes drilled

Tailings to production : Development costs 1/2 mill Euros / 28000mtu Tungsten

ASSETS - - - - - -

100% ownership of the La Parrilla tailings deposit targeting first production in 2013

· An option to acquire 100% of the La Parrilla mine currently undergoing extension drilling

· 100% ownership of the high grade Régua tungsten deposit

· 100% ownership of the Tarouca tungsten exploration licence containing old tungsten mine workings

· 100% ownership of the two Portalegre gold exploration licences currently being drilled.




CSH - Significant shareholders

Shares in issue = 968mill

Market cap = £3.4mill

Proactive article 12/6/2012 (Good Descriptive)

[korner] 21/5/2012 16:59

I see. Why did Masterman change his name?

[steve243] 21/5/2012 16:50

Saw this link and seems like they are starting to move in the right direction -

[tomboyb] 18/5/2012 11:18

These guys should be looking to change the name here to reflect the new change in direction - Price weakness but there is weakness everywhere at the moment -

[tomboyb] 17/5/2012 10:30

Well the results have shown high mineralisation here - With directors buying around the 0.30p mark we are not far away and as a Tungsten play - largely ignored - However i reckon this could double /triple witn further results of those nest two holes -

[flashheart] 17/5/2012 07:46

Now the world is constantly changing.

[maharees] 16/5/2012 23:22

How can I be sure ...?

[jojo_jo] 16/5/2012 17:29

I can only see 4 holes marked on their map. Don't know if/where the 5th one is or will be.

[tomboyb] 16/5/2012 11:39

Well - Gives u an indication why most of the stock is director owned - Could be a significant upgrade to previous estimates



Caspian Holdings unveils more encouraging results from La Parrilla
10:32 am by Ian Lyall Caspian is 1,173 metres through a 1,500 metre campaign, which is targeting an open zone to the west of the existing open pit.

Caspian Holdings (LON:CSH) this morning unveiled encouraging results results from the second of five holes being drilled on the La Parrilla Tungsten project in south-west Spain.
The best intersections included 18 metres at 0.97 per cent tungsten trioxide starting at a depth of 230 metres and 10 metres at 0.17 per cent starting from a depth of 174 metres.
Caspian is 1,173 metres through a 1,500 metre campaign, which is targeting an open zone to the west of the existing open pit.
Significant mineralisation has been seen in all holes drilled to date. Initial indications suggest strong correlation of mineralised zones between holes, the company said.
Chairman Michael Masterman it added: "We are making very good progress with the drilling programme at La Parrilla, with strong indications of continuity of high grades through the western extension area."

[jojo_jo] 16/5/2012 10:59

Looks like a good line of Tungsten deposits (according to Parilla map:
). If IP-04 comes in strong then we have a bigger resource than SRK projected in 2008.
Lots of other lines/zones to test in the future too, but this will do for starters!
One suggestion, as the deeper intervals showed better grade ore, would be to perhaps test down to 300m. Extraction costs must get prohibitive at some depth, so there is a limit. However as the tungsten price goes up, the deeper they can mine, so probably worth test drilling a bit lower imo.
Don't know if they can extract Tungsten (or tin even) from the lake?

Any stock in positive territory is doing very well atm.
IMPO/DYOR.

[koorb] 16/5/2012 10:15

'The historic mine resource estimated by SRK in 2008 is 36.0m tonnes at 0.09% WO(3) making it one of the largest tungsten deposits in the western world.'

Looks like there's a chance the SRK estimate will be revised upwards if the next two holes are like the first two.

[tomboyb] 16/5/2012 09:57

All holes - wrong day for good news

[manxgolfer] 16/5/2012 09:47

'Significant mineralisation can be seen in all holes drilled to date'excellent.mg

[tomboyb] 16/5/2012 09:42

Much higher grades than expected -

[dicko80] 16/5/2012 09:28

2nd hole results as predicted ;-)


RNS Number : 4459D
Caspian Holdings plc
16 May 2012
Caspian Holdings Plc
("Caspian" or the "Company")
High Grade Assay Results Continue at La Parrilla Tungsten Project

Significant intersections from the second hole IP-02 include:
- 18 metres from 230 to 248m of 0.97% WO(3)
- 10 metres from 174 to 183m of 0.17% WO(3) Caspian (AIM:CSH), is pleased to provide a further update on drilling at its La Parrilla tungsten project, located in southwest Spain, in which it has an option to purchase a 100% interest. La Parrilla, a former producing open pit mine, closed in the 1980s.
Caspian is currently drilling hole 4 out of five holes in a 1,500-metre diamond core drilling campaign to appraise extensions to the La Parrilla orebody, which is targeting an open zone to the west of the existing open pit. To date, a total of 1,172.80m has been drilled. Hole 3 has been completed and the Company awaits assay results.
Assay results have been received for the second hole, IP-02, which indicate thick high-grade intersections well above the average SRK resource grade of 0.09% tungsten trioxide (WO(3) ). As with the first hole announced in April 2012, the second hole has intersected visible tungsten mineralisation, in particular the deepest intersection which corresponds with the deepest in IP-01.

HOLE FROM TO INTERVAL TRUE THICKNESS WO3 Sn
------
m m m m % %
------ ------ ------ -------- -------------- ------ ------
IP-02 52.00 62.00 10.00 6.25 0.0422 0.0202
IP-02 140.00 164.00 24.00 15.00 0.0595 0.0389
IP-02 174.00 183.00 9.60 6.00 0.1719 0.0234
IP-02 192.00 198.00 6.00 3.75 0.0689 0.0048
IP-02 230.00 248.00 18.00 11.25 0.9708 0.0185

Significant mineralisation can be seen in all holes drilled to date. Initial indications suggest strong correlation of mineralised zones between holes.
Michael Masterman, Chairman, commented: "We are making very good progress with the drilling programme at La Parrilla, with strong indications of continuity of high grades through the western extension area."

[tomboyb] 16/5/2012 09:24

I assure you - that is not what i meant -


IDMCSH

RNS Number : 4459D

Caspian Holdings plc

16 May 2012

Caspian Holdings Plc

16 May 2012

Caspian Holdings Plc

("Caspian" or the "Company")

High Grade Assay Results Continue at La Parrilla Tungsten Project

Significant intersections from the second hole IP-02 include:

- 18 metres from 230 to 248m of 0.97% WO(3)
- 10 metres from 174 to 183m of 0.17% WO(3)
Caspian (AIM:CSH), is pleased to provide a further update on drilling at its La Parrilla tungsten project, located in southwest Spain, in which it has an option to purchase a 100% interest. La Parrilla, a former producing open pit mine, closed in the 1980s.

Caspian is currently drilling hole 4 out of five holes in a 1,500-metre diamond core drilling campaign to appraise extensions to the La Parrilla orebody, which is targeting an open zone to the west of the existing open pit. To date, a total of 1,172.80m has been drilled. Hole 3 has been completed and the Company awaits assay results.

Assay results have been received for the second hole, IP-02, which indicate thick high-grade intersections well above the average SRK resource grade of 0.09% tungsten trioxide (WO(3) ). As with the first hole announced in April 2012, the second hole has intersected visible tungsten mineralisation, in particular the deepest intersection which corresponds with the deepest in IP-01.


HOLE FROM TO INTERVAL TRUE THICKNESS WO3 Sn
------
m m m m % %
------ ------ ------ -------- -------------- ------ ------
IP-02 52.00 62.00 10.00 6.25 0.0422 0.0202
IP-02 140.00 164.00 24.00 15.00 0.0595 0.0389
IP-02 174.00 183.00 9.60 6.00 0.1719 0.0234
IP-02 192.00 198.00 6.00 3.75 0.0689 0.0048
IP-02 230.00 248.00 18.00 11.25 0.9708 0.0185

Significant mineralisation can be seen in all holes drilled to date. Initial indications suggest strong correlation of mineralised zones between holes.

Michael Masterman, Chairman, commented: "We are making very good progress with the drilling programme at La Parrilla, with strong indications of continuity of high grades through the western extension area."

A detailed map of the La Parrilla site including the four drill hole locations can be found on the Company's website at

Enquiries:


Caspian Holdings Plc Grant Thornton Corporate Finance - Nomad
Michael Masterman Gerry Beaney / Melanie Frean / Jen Hatter
T: [phone] T: [phone]
www.caspianoil.co.uk

Simple Investments - Broker Gable Communications
Andy Thacker / Nick Emerson Justine James
T: [phone] T: [phone]
www.simple-investments.co.uk M: [phone]

About La Parrilla

The La Parrilla project site is situated in the Extremadura region of southwest Spain, in the Provinces of Caceres-Badajoz, approximately 310 km southwest of Madrid. The site is accessed directly from the highway along a 3km asphalt road and is serviced by electricity and water. The project comprises a tungsten mine and a tungsten tailings project. The historic mine resource estimated by SRK in 2008 is 36.0m tonnes at 0.09% WO(3) making it one of the largest tungsten deposits in the western world.

The technical design of the La Parrilla tailings project has now been finalised and approval documents submitted to the mining authorities. All approvals are expected to be granted by the end of Q3 2012. Annual plant feed will be 330,000 tonnes and annual production is anticipated to be 28,000 MTU Tungsten (W) and 26 tonnes Tin (Sn), which will deliver over EUR7million per annum in revenue at current tungsten and tin prices. The tailings project is expected to be in production in H2 2013.

The price of tungsten has increased rapidly over the last 3 years by more than double. The La Parrilla tailings deposit and tungsten mine development offer a low cost, high margin resource development opportunity for Caspian.

Technical information in this report has been prepared in accordance with the JORC Code and approved for inclusion by Mr Fernando de la Fuente, who is a "qualified person" in respect of the AIM Rules for Companies with over 37 years experience in the Exploration and Mining Geology industry. Mr de la Fuente holds a B.Sc. in Geology and a MSc in Geology from the University of Granada in Spain. He is also a member of the Spanish College of Geologists (Number 49), the Spanish Society of Mineralogy, founder member of the Spanish Society of Geology, member of the Spanish Association of Applied Geology to Mineral Deposits, member of the Society for Mining, Metallurgy and Exploration, Inc., member of PDAC.

This information is provided by RNS

[stefield] 16/5/2012 06:07

i can assure you he wont be buying csh

[dicko80] 11/5/2012 12:16

I'd expect 2nd hole results next week

[tomboyb] 11/5/2012 12:13

Tungsten ain't coming down by too much - Which is why Buffett has bought in -

[thedickster] 11/5/2012 12:10

sprung into life again suddenly

[tomboyb] 11/5/2012 11:03

GTSO: Why is Warren Buffett Betting on Tungsten?

May 08, 2012 05:03 AM Eastern Daylight Time