Mining Minerals & Metals Share Discussion Threads

[tsmith2] 09/5/2007 10:39

edit columns - and in the drop down menus - select all news

[robbi123] 09/5/2007 10:36

Where's the oracle? :)

[morning_glory] 09/5/2007 10:33

deka1
speaking off topic on MCR gold

I see a nice little run of buys there this morning is starting to lift the price?

[boischastel] 09/5/2007 10:29

If you hadn't gone to Rome, deka matey, you would have at least another grand to buy these with.....lol.

[deka1] 09/5/2007 10:27

excelent report,would like to increase my holding, but have to wait till mcr reach prod , to get more cash after i sell.

[cwake1] 09/5/2007 10:20

Just bought my 3rd batch of these, got them at 13.4p.

[rodspotty] 09/5/2007 10:18

Only just noticed it myself, could have gone all day, if I had not visited this thread and the price movement remained the same to. Great news.

Rodders

[davenic] 09/5/2007 10:17

All we want now is nice TW update :-)

[robbi123] 09/5/2007 10:14

tsmith - not sure, there has always been that problem for GEX, maybe you should ask the team at advfn?

[robbi123] 09/5/2007 10:14

Glencar Mining Glencar confirms main ore zone at Komana West shows 'excellent' strike potential

LONDON (Thomson Financial) - Glencar Mining PLC said the main ore zone at
Komana West Gold Project in southern Mali has shown an "excellent" strike
potential.
The Dublin-based exploration company said it is "very optimistic" about the
potential for a commercial deposit at Komana West.
The width and grade of the latest intersections from Komana West compares
very well with the previously reported results to the north, managing director
Hugh McCullough said in a drilling update.
[e-mail]

[tsmith2] 09/5/2007 10:13

anyone any ideas why there isn't an A in the Flags column?

[tsmith2] 09/5/2007 09:50

The most significant aspect of the latest drill results is the fact
that extensive, ore grade mineralization has now been intersected in
two holes on the most southerly fenceline drilled in the current
phase of drilling. KWDD074 intersected 49 metres at 6.0 grams/tonne
between 77 metres and 126 metres downhole depth. KWDD080, further to
the southeast, intersected 36 metres at 3.6 grams/tonne between 57
metres and 93 metres downhole depth. These two holes, located as
they are, at the southern edge of the current drilling grid, confirm
the potential for southerly strike extension of this ore zone.

[morning_glory] 09/5/2007 09:49

buy 25k on line, sell 75k

Looks good

[davenic] 09/5/2007 09:46

can only buy very small amount online

[tsmith2] 09/5/2007 09:46

robbi - yes, I believe so and in short order.

[tsmith2] 09/5/2007 09:45

any reasons why the A doesn't show up in the announcement column

morning glory - its probably because people aint seen the A yet

[robbi123] 09/5/2007 09:45

Will we be getting any results from Solana I wonder?

[morning_glory] 09/5/2007 09:44

Where are all the buys?

[tsmith2] 09/5/2007 09:42

excellent stuff - multi million resource

southerly extension fantastic news.

[robbi123] 09/5/2007 09:41

Yep, excellent news, roll on the AGM.

[davenic] 09/5/2007 09:40

All looks excellent top me

[davenic] 09/5/2007 09:36

Glencar Mining plcGlencar confirms main ore zone at Komana West and shows excellent
southern strike potential9 May 2007Highlights:
KWDD068 18 metres at 4.6 grams/tonne from 84m to 102m
KWDD072 10 metres at 4.2 grams/tonne from 18m to 28m
KWDD074 49 metres at 6.0 grams/tonne from 77m to 126m
KWDD080 36 metres at 3.6 grams/tonne from 57m to 93m
KWDD081 8 metres at 3.9 grams/tonne from 52m to 60m and, 11 metres
at 4.5 grams/tonne from 69 m to 80 m.
Glencar Mining plc, ("Glencar" or the "Company"), is pleased to
announce continuing positive drill results from its exciting Komana
West gold project in southern Mali. 4,421 metres of drilling have
been completed to date in the fourth phase drilling programme, and
assays have shown that the extensive, high grade intersections
continue in the most southerly of the fencelines drilled to date in
this drilling phase. The drill programme is continuing, but will be
suspended when the rainy season gets underway in Mali in early June.It is expected that, by that time, sufficient drilling will have been
done to enable the calculation of a resource estimation by the end of
Q3 2007.
The drill assay data reported in this announcement relate to
additional drillholes located further to the south than those
reported in our last Drilling Update dated 20 March 2007 which
reported assay results for 8 of the 24 holes now drilled in this
fourth phase. This announcement deals with assay information for the
remaining 16 holes drilled to date.
The most significant aspect of the latest drill results is the fact
that extensive, ore grade mineralization has now been intersected in
two holes on the most southerly fenceline drilled in the current
phase of drilling. KWDD074 intersected 49 metres at 6.0 grams/tonne
between 77 metres and 126 metres downhole depth. KWDD080, further to
the southeast, intersected 36 metres at 3.6 grams/tonne between 57
metres and 93 metres downhole depth. These two holes, located as
they are, at the southern edge of the current drilling grid, confirm
the potential for southerly strike extension of this ore zone.
Most of the holes in this fourth phase of drilling were precollared
in reverse circulation ("RC") drilling and tailed with diamond core
drilling. Total RC metreage to date in the Phase 4 programme is
2,921 metres while diamond coring in this phase to date has amounted
to 1,500 metres. All holes have been drilled at an azimuth of either
135 degrees or 315 degrees, depending on hole location and ground
conditions and the drillhole angle is 55 degrees from the
horizontal. A map showing the location of the drillholes referred to
above will be uploaded onto the Company's website,
www.glencarmining.ie shortly.
The significant intersections in eleven of the sixteen boreholes are
set out in the table below. There were no significant intersections
in the other five boreholes drilled (KWDD065, KWDD070, KWDD075,
KWDD078 and KWDD079).
The drillrig operating at Komana West was temporarily deployed to
Badogo-Malikila on our Solona concession to carry out reverse
circulation drilling on a well defined target there and, following
completion of that programme on 8 May, the rig is now returning to
Komana West to carry on drilling there until the rains in June will
force suspension of drilling until October next.
Widths of mineralization quoted in this report are not to be taken as
true widths. Further geological evaluation is required in order to
determine the precise disposition of the ore zones at Komana West.
Commenting on the results, the Managing Director, Mr. Hugh McCullough
said,"This latest set of results confirms our confidence in the extent of
this significant ore zone. The width and grade of these latest
intersections compares very well with the previously reported results
to the north. The orebody model we are developing is giving us
greater confidence in the continuity of the ore zone, and we are very
optimistic about the potential for a commercial deposit at Komana
West."Hugh McCullough, EurGeol., PGeo, Managing Director of Glencar, is a
member of the Institute of Geologists of Ireland. He is a qualified
person as defined in the Guidance Note for Mining, Oil and Gas
Companies, March 2006, of the London Stock Exchange. He has reviewed
and approved the technical information contained in this
announcement.

[stemis] 09/5/2007 09:35

Further extension of the ore body. JORC by end of Q3.