Mineral Sec Share Discussion Threads

[pillion] 30/9/2007 14:38

Niplats up 23% on Friday in Oz

[pillion] 30/9/2007 14:33

Minsands annual report -- we own 40%

[mr multibagger] 27/9/2007 11:12

Analogies for the PGE Mineralisation in the Hart Dolerite
Preliminary evidence suggests the style of mineralisation in the Hart Dolerite resembles the PGE
mineralisation in some vanadiferous magnetite-rich gabbroic intrusives in other parts of the World.
Documented occurrences include the following.
1. Stella layered intrusion in northern South Africa with a 100 m thick interval of PGE-enrichment with
intervals reporting up to 1 m @ 10-15 g/t Pt+Pd.
2. Rincon del Tigre intrusive sill in eastern Bolivia with PGE+Au enrichment reported over an interval of
42 to 95 m with maximum reported Au to 0.35 g/t, Pt to 0.68 g/t and Pd to 1.8 g/t.
3. Rio Jacare intrusive in eastern Brazil which reports Pt+Pd to 1.88 g/t.
Significance of the PGE Mineralisation in the Hart Dolerite
The reported assays confirm the presence of a 5-7 m thick anomalous interval of PGE+Au mineralisation in
a vanadiferous magnetite gabbro within the Hart Dolerite. This is confirmation of PGE+Au mineralisation at
the discovery site that was reported in late 2006. It represents the first discovery of PGE+Au mineralisation
in the Proterozoic-age Hart Dolerite which intrudes the Kimberley Block of north-western Australia. The 0.2
m interval sampling also demonstrates that the anomalous zone hosts a higher grade "reef" that reported
combined PGE+Au about 0.7 g/t in the first assay batch.
Geological logging and magnetic susceptibility readings on the RC drill-chips in association with field
mapping shows that the magnetite gabbro outcrops and subcrops over a minimum area of approximately 25
km long (N-S) and 3 km wide (E-W) on the eastern side of the Speewah Dome. The two drill-holes with
assays reported are located towards the centre of the area selected for drilling (as shown on Figure 1) and
are separated only by about 250 m. Further assay work is planned on the other 2007 drill-holes that targeted
the vanadiferous titanomagnetite gabbro for PGE+Au mineralisation. Results will be reported as they
become available.
Background
Niplats Australia Limited has a 100% interest in three granted Mining Leases (M80/267, M80/269 and
M80/270) and two granted exploration licences (E80/2863 and E80/3657) covering 473 km2 located about
100 km southwest of Kununurra (Figure 2). Geologically, the tenements cover the Speewah Dome where
Proterozoic-age Hart Dolerite intrudes older sediments of the Speewah and Kimberley Groups (Figure 1).
Structurally, the geology of the tenements is disrupted by fault and fault splays of the Greenvale Fault Zone
which is a major crustal-scale feature that hosts both fluorite mineralisation and carbonatites in the Speewah
area.
Recently the company completed a 10360 m drill programme in 79 holes investigating the following.
1. A zone of PGE+Au anomalism in a vanadiferous titanomagnetite-bearing gabbro unit of the Hart
Dolerite. PGE+Au assay results (Table 1) and the locations (Table 2) for the first two drill-holes are
described in this report.
2. Extensions to a series of high-grade, fluorite veins where previous drilling has outlined an Indicated
and Inferred Resource totalling 4.4Mt @ 23.6% CaF2 (at a 10% CaF2 cut-off grade).
3. Zones of iron oxide-alteration associated with copper-gold mineralisation along some major
structures which host carbonatites, epithermal silica-K-feldspar veins and fluorite mineralisation.

[mr multibagger] 27/9/2007 11:11

New Platinum Reef confirmed in the Hart Dolerite on Speewah
Project, northern Western Australia

ANNOUNCEMENT 26 September 2007

PGE+Au Assays from Vanadiferous Titanomagnetite Target

In 2006, a reconnaissance RC drill programme on the Hart Dolerite in the Speewah Dome discovered an
anomalous zone of PGE+Au in a unit of vanadiferous titanomagnetite-bearing gabbro that contained traces
of chalcopyrite. The 2007 RC drill programme prioritised two vertical drill-holes (SRC171 and SRC172)
adjacent to the 2006 discovery holes and sampled the PGE+Au anomalous zone at 0.2 m intervals. The
locations of the drill holes are shown on Figure 1 and are provided in Table 2.
PGE+Au assays have been received for the sampled intervals in SRC171 and 172. The results show that
both holes are anomalous in PGE+Au over a vertical down-hole interval of about 5-7 m which is interpreted
as the true thickness of the interval. Over this interval, the combined PGE+Au values range from 21 to 706
ppb. The best results within each mineralised interval are summarised in Table 1.
Davis tube recovery work and assaying on 2006 RC drill-chip samples showed the PGE+Au mineralisation is
hosted by a gabbroic unit containing 15-20% vanadiferous titanomagnetite averaging 2% V2O5. Further test
work on the magnetite content using Davis tube work is planned.
HIGHLIGHTS
�� Initial assays received confirm the discovery of PGE+Au (Pt+Pd+Au)
mineralisation in the Proterozoic-age Hart Dolerite intrusion in the
Kimberley region of northern Western Australia.
�� Two RC drill holes (SRC171 and SRC172) testing the vanadiferous
titanomagnetite gabbro adjacent to the 2006 discovery holes identified
a 5-7 m thick PGE+Au anomalous zone.
�� The first assays reported a maximum 0.2 m interval of combined
PGE+Au = 0.69 g/t in SRC171 and 0.71 g/t in SRC172.

[mr multibagger] 27/9/2007 11:10

Copy of e-mail from someone close to the action....



Please see attached NiPlats Australia release today.



Initial 2 assay results over 79 holes that we drilled last month in Kimberley.



I think this result is rather important in the context that this is probably the first new platinum discovery in the right rocks in Australia for 30 odd years.



We certainly know the geology and metallurgy at this location is rather unique (sulphur saturated) and is of the style which hosts the other major platinum mines in the world.



Platinum reefs are typically pretty continuous in these systems - but will vary greatly in widths and grades, for example the Merensky Reef in South Africa can be mined over 1 metre widths but can carry the economic mineralisation over only 2 centimetres.



These 2 holes were 250 metres apart (over a total target area of 400+ square kilometres).



Very early days – but we have another 10,000 metres of drilling results still to come in and the geologists are already focussing on the next locations for drilling once we are able to get access after the wet season.

[pillion] 25/9/2007 09:25

Good report from Copperco -- Mxx hold 20%

[clearsoup] 21/9/2007 17:29

Pill. Please can you give some clues as to eventual content, when you post links.

[pillion] 21/9/2007 12:53

I suspect all buys except the very first one

[pillion] 21/9/2007 12:44

21 September 2007


Mineral Securities Limited ("Minsec", ASX and AIM ticker: MXX) is pleased to
congratulate NiPlats Australia Limited ("NiPlats", ASX: NIP) on its successful
listing on the Australian Securities Exchange ("ASX") commencing 21 September
2007.


NiPlats was previously a subsidiary of Minsec. NiPlats raised A$3m (before
expenses) following the placement of 15 million ordinary shares at A$0.20 per
share.


NiPlats has compiled exploration tenements covering an area of 473 square
kilometres located in the East Kimberly region of Western Australia. The
tenements have been historically explored and contain a fluorite vein system
with Indicated and Inferred resources of 4.4 million tonnes at 23.6% CaF2.
During 2006 a drilling programme identified previously unknown PGE+Au ("platinum
group elements plus gold") and vanadium mineralisation within the tenement area.
NiPlats is focused on further exploring the PGE+Au potential of its tenement
area whilst investigating the prospects for identifying additional fluorite
mineralisation.


Minsec owns 30 million NiPlats shares representing 44.1% of the issued capital
of NiPlats. At the closing price of A$0.22 per share the market value of
Minsec's holding is A$6.6 million (US$5.7 million). Minsec's shareholding is
escrowed for 24 months from the date of listing.


Further information on NiPlats can be found on its website,

[utwiq] 21/9/2007 10:33

Wow, and it looks like the share price has responded (or rather that the market makers have raised the ask to 74p). Great. Let's keep it coming!

[utwiq] 21/9/2007 10:33

Very nice - NiPlats has listed (NIP). And we can add £2.83m to NAV (assuming, as I did, that NIP had not yet been counted as part of the value calculation). So I now make post-tax NAV £182.62m vs an MCap of £102.92m (at 70p/share). Excellent.

[pillion] 19/9/2007 10:50

Dog -- LOL !!

[bionicdog] 19/9/2007 10:42

Change of name?
You know I'm easily confused.

[pillion] 19/9/2007 10:40

Aye

About time too

djalan

[utwiq] 19/9/2007 09:43

oh how nice to see some movement in the share price at last; with PPN heading back towards its pre-slump highs (towards: not there yet) the return of MXX should follow shortly thereafter!

[pillion] 19/9/2007 09:34

Buka gold up 16.7% overnight in Oz

[pillion] 18/9/2007 15:47

Herencia Resources H1 pretax loss widens slightly


LONDON (Thomson Financial) - Herencia Resources PLC reported a slightly
wider first-half pretax loss on high administrative expenses.
The mining company posted a pretax loss of 326,165 stg for the period to end
June compared with 312,404 stg previously. Revenue figures were not given.
Its administrative expenses came in at 343,931 stg from 315,300 stg a year
ago.
Herencia reiterated that it is in the process of increasing its stake to 70
pct from 50 pct in the Paguanta Project in Northern Chile.
Earlier this month, the company said it continues to achieve high grade
assay results at the Paguanta with the strike length of mineralisation in the
Cathedral vein extending to over 800 metres

[pillion] 17/9/2007 22:47

I wonder did Bruce buy on Friday ? -- trade number 4

Looks like it

How did he get such a good deal?

small time punters like me would have needed to buy in small lots and probably over the spread

[pillion] 17/9/2007 22:29

and here's Bruce



Sir Bruce MacPhail, Barclay Fellow

A long-time supporter of the College and Management Studies at Oxford, whose long and distinguished business career culminated in the position of Group MD of P&O.

[utwiq] 17/9/2007 21:49

it certainly helps! the incredible discount offers plenty of comfort, as does the quality of the underlying assets; I think we are making the right call being overweigth in this stock, it is a great diversified, discounted mining play, with the asset base and management to grow rapidly from here, as well (in due course) as crystallising the value that is plainly here as things stand