Mining Minerals & Metals Share Discussion Threads

[haydock] 13/2/2009 21:32

Tick Tock?

[robbi123] 13/2/2009 18:23

Exactly Haydock, as soon as people get a wif of GEX's potential I see no reason for the MM's to hold this down. Im pretty damn sure it wouldnt take much to get this moving again...starting with some positive drill results:)

[1waving] 11/2/2009 15:16

deka1 --- looks like the real movers and shakers coming in !!

[deka1] 11/2/2009 15:14

that 358 trade , do you think its a signal for something , i mean!! 12 quid

[1waving] 11/2/2009 15:12

Guys --- you have to watch this.

The US regulators having their ears ripped off at an oversight hearing, big time.

[1waving] 11/2/2009 14:01

Just been browsing GEX website and missed this list before from the presentation on the home page ----- Does serve as a reminder of the mainly known deposits and a few targets to be drilled and developed further.

Targets drilled 2006-2008

YANFOLILA PROJECT
Komana East
Gonka
Komana West
Soloba
Kama
Badogo Malikila
Niechilela
Faliko

SANKARANI PROJECT
Kabaya South
Sanioumale West
Sanankoro
Farasaba West
Farasaba Main
Farasaba South
Ngouela
Fingoua
Sindo

[haydock] 11/2/2009 09:53

A tale of old Mali.
A few years down the line perhaps?

[bongo bwana] 11/2/2009 08:47

Thanks for that SS

[share_shark] 11/2/2009 00:28

News also in Proactive Investor, Australia.

[share_shark] 10/2/2009 23:56

MENTION OF GLENCAR and Ghana.



Adamus Resources Limited (ASX:ADU) Increases Ghana Gold Landholding


Perth, Feb 11, 2009 (ABN Newswire) - The Directors of Adamus Resources Limited (ASX:ADU) (the Company) are pleased to announce that the Company has secured an option to acquire up to 100% of the Kanyankaw prospecting licence (Prospecting Licence) in Ghana from Shankill Resources Limited (Shankill) (the Option). Shankill is a wholly owned subsidiary of Moydow Mines International Inc.

Highlights:

- Increases Ghana exploration tenure by 17.5 square kilometres
- Within trucking distance from the Southern Ashanti Gold Project
- Good road access
- Surface mineralization already evident

KANYANKAW PROSPECTING LICENCE

The Prospecting Licence, which encompasses approximately 17.5 square kilometres of prospective tenure, is located within a 30km radius of the Company's existing Salman deposit.

The Kanyankaw prospecting licence was mined underground in the early part of the 20th century via several shafts, no records from this period exist. All known mineralisation and targets are located in the southern potion of the project area. Since 1987 companies including Ghana Gold, Cyprus Amax, Glencar Mining and Moydow have explored the area by soil sampling and follow-up drilling.

The area can be broken to down into two types of mineralisation, narrow high grade mineralisation and broad lower grade supergene enriched mineralisation. The narrow high grade quartz reefs have been historically underground mined and have since been mined by Galamsay miners. These reefs, that can run to several ounces in grade are exposed in the deeply incised river valleys that dissect the property.

Reverse circulation drilling carried out in 1992-1993 intersected several of these high grade zones within the river valleys with the best result of:

2m @ 37 g/t gold

The veins are considered of interest in their own right but more so for forming the second style of mineralisation present on the tenement. This being supergene mineralisation formed over the upper, oxide portion of the quartz vein area. Soil geochemistry and the results from several holes drilled by Mowdow in 2004 suggest the presence of a broad supergene horizon that has formed on the plateaux area adjacent to the incised river valleys. Results from the postulated supergene zone include:

21m @ 4.24 g/t from surface

6m @ 8.70 g/t from surface

The supergene will form the initial target for Adamus as it has the potential to provide both significant oxide tonnages and ounces for the proposed Adamus mill.


Link:



About ADAMUS RESOURCES LIMITED

Adamus Resources Limited is a Perth-based mineral exploration company, listed on Australian Securities Exchange (ASX), TSX Venture Exchange (TSX-V) and Frankfurt Stock Exchange Open Market (FSE).

The Company's primary focus is on exploring, realising and expanding the economic potential of the Southern Ashanti Gold Project in Ghana, West Africa. The Project encompasses approximately 500km2 of tenure in the Ashanti Gold Belt - host to over 100moz of gold and the Project boasts excellent access to port and road infrastructure. Ghana is a stable West African country with a long history of mining and some of the world's largest gold mining operations. Gold production is vital to the national economy. Members of the Adamus Board and management team have proven records in mineral exploration, project development, mining operations and project financing.

[bongo bwana] 10/2/2009 13:15

Good assessment Rob.

It will take pretty fancy work by Hugh Mc to dodge the T.O. silver bullets and charms of GF or AN Other. But if its to be a TO then Id expect a very decent knock out share price for us and Hugh to capitulate on Komana and Sankarani.

Perhaps the acquirer will want the entire of GEX or maybe just Komana and Sankarani. If its the latter scenario then GEX will undoubtedly have sufficent funds to aggressively explore Solona and maybe even our interest in Ghana.

The prospects for the POG are looking increasingly positive so this may encourage acquisitive interest and also make it easier for GEX to get a fund raising and or JV or two out of the way BEFORE the 2009 AGM.

[robbi123] 10/2/2009 12:24

Thanks Oracle, good to see you too mate. Feels like an age since my first buy, I remember the days of the Indpendant article about Komana which created a huge buzz, think the share price got ahead of itself back then but I see no reason now why investors shouldnt be optimistic about GEX's prospects. The good times will return again, but I expect us to get taken out before we can enjoy them, who knows!

Hope all is well

[spaceparallax] 10/2/2009 11:50

Thanks chaps.

[bongo bwana] 10/2/2009 11:46

Good to see you Rob

[deka1] 10/2/2009 11:05

cheers rob

[robbi123] 10/2/2009 10:01

no gents, it is to do with DAVY closing their price later than the other MM's. Only GOOD left on the offer at 3.5p. We could do with some press to generate some interest. It is so tempting at these levels but unfortunately I dont have the cash to average down!

[deka1] 10/2/2009 09:46

space hi its been doing that for months now, mm trying to create interest ???

[spaceparallax] 10/2/2009 08:59

Why is it that in recent days, the share price blips up at close and down at the next opening?

[maty] 09/2/2009 19:03

I love that 70000 trade at the end....

[valentine] 09/2/2009 18:52

There is good news on the way. Be sure of that!
Will we see it tomorrow?

[pelleeds1980] 09/2/2009 18:34

Nice tickup just on the bell...

[deka1] 06/2/2009 16:21

A hell of a lot of the bombed outs coming back from the dead today, our time is at hand sayeth the lord

[1waving] 06/2/2009 16:08

They should be getting a shift on at Sankarani then as well as eyeing up the Komana area.

It's a very long time since we had a full update on Sankarani but from the little that has beeen put out they are really cracking on there.