Starvest Share Discussion Threads

[outsider] 30/11/2010 09:37

from the prospectus


SVE was the committed investor




so 20m warrants at 0.75p


But have they been exercised? we ave 40m shares in the header.

[outsider] 30/11/2010 09:35

Looks to me we might have 20,000,000 Warrants in Sheba, looking at an old \unquoted thread....could be nice if its as promising as they seem to think.

[outsider] 30/11/2010 09:28

Sheba on PLUS looks a half decent gamble (I bought a few) confident of raising money and worth a few bob in the SVE portfolio.


Seems some promising prospects too

[outsider] 30/11/2010 08:40

Good news priced in RGM yesterday it seems down 1.22p

I think thats why I like SVE not so nerve racking as direct stakes in RGM & RRR although it has to be said very profitable!

[outsider] 30/11/2010 08:08

all good news!



Minera IRL Announces Resource Upgrade, Ollachea Project, Southern Peru





London and Toronto, 30 November 2010: Minera IRL Limited ("Minera IRL" or the "Company"), (TSX:IRL) (AIM:MIRL) (BVL:MIRL) the Latin American focused gold mining, development and exploration company, is pleased to announce a resource upgrade at the contiguous Minapampa and Minapampa East Zones, Ollachea Project, Southern Peru.

Highlights:

· The upgrade represents approximately 80% conversion into Indicated of the Inferred Resource announced in November 2009

· Infill drilling has defined 1.1 million ounces (9.3 million tonnes at 3.8g/t gold) in the Indicated mineral resource category and an additional 0.5 million ounces (4.8 million tonnes at 3.2g/t) of Inferred mineral resources at a 2g/t cut-off grade

· Within the resource envelope the company has identified robust continuous zones of higher grade material containing 0.7 million ounces (4.0 million tonnes at 5.3g/t) of Indicated mineral resource and 0.2 million ounces (0.9 million tonnes at 5.5g/t) of inferred resource using a 3.5g/t cut-off grade

· The Company has increased its resource objective at Ollachea to plus 2 million ounces

This Canadian National Instrument NI43-101 compliant resource estimate was carried out by consultancy Coffey Mining over the Minapampa Zone (from which a positive Scoping Study based upon an Inferred resource was released in November 2009) and a contiguous strike extension known as Minapampa East. The estimate was based upon 88 diamond drill holes for 31,980 meters at Minapampa and 19 diamond drill holes for 8,420 meters at Minapampa East, for a combined 107 drill holes totalling 40,400 meters. The estimates apply a 2g/t gold bottom cut and top cutting as appropriate for each of the seven discrete gold-mineralized horizons, or "lenses" that have been defined to date.



Indicated Mineral Resource applying a 2.0g/t gold cut-off

Zone


Metric tonnes

(Millions)


Grade - g/t gold


Contained ounces

(Millions)

Minapampa


9.1


3.9


1.1

Minapampa East


0.2


2.9


0.02

Total


9.3


3.8


1.1









Inferred Mineral Resource applying a 2.0g/t gold cut-off

Zone


Metric tonnes

(Millions)


Grade - g/t gold


Contained ounces

(Millions)

Minapampa


2.6


3.3


0.3

Minapampa East


2.2


3.0


0.2

Total


4.8


3.2


0.5



"We are very pleased with the results of this upgrade." said Courtney Chamberlain, Executive Chairman of Minera IRL. "The infill drilling confirmed very predictable correlation within the gold bearing horizons as previously outlined during the earlier Inferred drilling. We have also extended the drill coverage another 200 meters to the east giving a total strike length of 900 meters which remains open in both directions as well as down dip. We now have well over one million ounces in the Indicated category and approximately half a million ounces in the Inferred category much of which we expect to upgrade to Indicated with additional infill drilling which is currently in progress. We are particularly pleased with the higher grade core of the deposit. In a future mining operation, this will provide security against lower gold prices and potential for early scheduling of better grades to improve the payback period and net present value."



"Taking into account the recent discovery and continued exploration drilling encouragement from the new Concurayoc Zone, approximately 300 meters to the west of Minapampa, we are now able to raise our resource objective at Ollachea beyond 2 million ounces."



The Inferred resource reported as part of the Scoping Study in November 2009 totalled 8.9 million tonnes grading 4.5g/t gold containing 1.3 million ounces based upon a 2.5g/t cut-off. The current resource upgrade has applied a 2.0g/t gold cut-off largely because of the consistent geological and grade-continuity confirmed in the resource drillhole data and, to some extent, the higher prevailing gold price. Within the upgraded resource a higher grade gold zone, based upon a 3.5g/t gold bottom cut, provided an estimated Indicated resource of 4.0 million tonnes grading 5.3g/t gold containing 0.7 million ounces plus an Inferred resource of 0.91 million tonnes grading 5.5g/t containing 0.2 million ounces.



Resource Estimate Authorship and Methodology



The mineral resource estimate was prepared by Mr Doug Corley, Member of the Australian Institute of Geoscientists, Associate Resource Geologist in Resource Modelling with Coffey Mining Pty Ltd.

On the basis of the confidence levels of the key criteria that were considered during the resource estimation, the mineral resource estimates provided in this press release have been classified and reported in accordance with CIM guidelines and National Instrument NI.43-101.

The upgraded Ollachea resource estimate was based on 107 Minera Kuri Kullu S.A. (a subsidiary of Minera IRL) diamond drill holes totalling some 40,400 meters.



Minera Kuri Kullu senior exploration geologists and Minera IRL senior resource staff worked together in expediting representative 3-D geological-grade wireframe models defining the principal mineralized lenses at a lower cut of 1 g/t gold. The resulting in-situ geological-grade model, depicting the seven principal mineralized horizons discovered at Ollachea to date, was subsequently provided to Coffey Mining as a "guide" interpretation of the gold deposits main mineralized components.

Prior to this, Mr Doug Corley conducted a field visit to the project site where he had the opportunity to interact with project geologists and related staff and to study the geology in order to become familiar with the geological demeanour as well as continuity of grade distribution associated with the Ollachea deposit.

Resource estimation methodology included completion using Ordinary Kriging for gold. The estimation was constrained within mineralized interpretations that were created with the assistance of the Minera Kuri Kullu and Minera IRL geological staff. The seven potentially economic gold mineralized domains were interpreted using north-south oriented, vertical transversal sections based on a combination of detailed geological observations and gold grade information.



Competent Persons Statement

The preparation of the technical information contained herein was supervised by Donald McIver, VP Exploration of the Company, MSc Exploration and Economic Geology, a Fellow of the Australian Institute of Mining and Metallurgy (AUSIMM), who is recognized as a Qualified Person for the purposes of National Instrument 43-101, and who has reviewed and approved the technical information in this press release.



For more information please contact:



Minera IRL

Trish Kent, Vice President, Corporate Relations




[phone]

Collins Stewart (Nominated Adviser & Broker, London)

John Prior

Adam Miller




+ 44 (0)20 7523 8350

finnCap (Co-broker, London)

Geoff Nash (Corporate Finance)

Matthew Robinson (Corporate Finance)

Joanna Weaving (Corporate Broking)




+ 44 (0)20 7600 1658

Bankside Consultants (Financial PR, London)

Simon Rothschild

Louise Mason


+ 44 (0)20 7367 8888







Minera IRL Limited is the AIM traded and TSX and BVL listed holding company of precious metals mining and exploration companies focused in Latin America. Minera IRL is led by an experienced senior management team with extensive industry experience, particularly in operating in South America. The Group operates the Corihuarmi Gold Mine and the emerging Ollachea Gold Project in Peru as well as the advanced Don Nicolas Project in Argentina.

[outsider] 30/11/2010 07:59

Its all go....


30 November 2010
AIM / PLUS Markets: AAU

EXCELLENT RESULTS FROM JV PROPERTIES

Ariana Resources plc ("Ariana" or "the Company"), the gold exploration and
development company focused on Turkey, is pleased to announce the results of
exploration on certain projects held in joint venture with European Goldfields
Limited ("European Goldfields").

Highlights:

* Drilling on Salinbas provides intercepts including 21.5m at 6.63 g/t Au, and
42.7m at 2.78 g/t Au.


* Drilling on Ardala provides intercepts including 134m at 0.19% Cu and 0.21
g/t Au, and 189.5m at 0.17 g/t Au and 0.24% Cu.


* Drilling programmes have been extended and further exploration is yielding
encouraging results.



Dr. Kerim Sener, Managing Director, commented:

"We are very excited to report the results of the exploration being undertaken
on our JV properties in northeastern Turkey. The European Goldfields team has
been doing a tremendous job in understanding the nature of the mineralisation at
Ardala and Salinbas. This has helped guide the latest round of exploration
drilling across the projects and has led to the identification of zones of wide
and high-grade mineralisation at Salinbas and also to the discovery of a
mineralised extension of the Ardala porphyry beneath cover. These results
provide confidence in the mineral potential of the Artvin area and is testament
to our targeting and project identification capability in Turkey."

Details of Exploration Programmes

Work to date has focused on three targets: the Salinbas gold zone and the Ardala
porphyry within the Ariana joint venture and the Derinkoy gold target in the
Aldridge Minerals joint venture. Regional sampling aimed at selecting other
targets for licence applications has also continued across the Pontides region.

Salinbas

Last year, Ariana and European Goldfields jointly announced the discovery of a
new high-grade gold epithermal discovery, named Salinbas. Mineralisation is
associated with a series of breccia pipes occurring along a structural corridor,
which is interpreted to relate to the Ardala porphyry located about two
kilometres away. The discovery was revealed in a series of trenches in 2009 and
further trenching to extend existing trenches and excavate new ones was carried
out in 2010 (Table 1). The trenches define mineralisation over a total strike
length of about 300 metres, open in towards the east in the direction of the
Ardala porphyry. Follow-up drilling on the trenching has been completed in 2010
(Table 2).

Table 1: Trench results in bedrock on the Salibas prospect. Results reported
for intercepts >1g/t Au using a 0.5 g/t Au lower cut, no upper cut and up to 10
metres of waste material allowed.

+-----------+--------+--------+--------+
| Trench ID | Meters | Au g/t | Ag g/t |
+-----------+--------+--------+--------+
| ST1 | 32 | 5.43 | 7.8 |
+-----------+--------+--------+--------+
| ST2 | 20 | 1.16 | 3.7 |
+-----------+--------+--------+--------+
| ST3 | 46 | 8.33 | 39.0 |
+-----------+--------+--------+--------+
| ST9 | 4 | 1.52 | 1.5 |
+-----------+--------+--------+--------+
| ST10 | 16 | 1.33 | 5.3 |
+-----------+--------+--------+--------+
| ST10 | 1 | 1.85 | 4.3 |
+-----------+--------+--------+--------+
| ST11 | 5 | 2.53 | 18.3 |
+-----------+--------+--------+--------+
| ST11 | 55 | 7.80 | 9.2 |
+-----------+--------+--------+--------+
| ST12 | 28 | 1.77 | 4.0 |
+-----------+--------+--------+--------+
| ST12 | 8 | 8.38 | 13.8 |
+-----------+--------+--------+--------+
| ST13 | 38 | 3.67 | 12.1 |
+-----------+--------+--------+--------+
| ST14 | 31 | 1.56 | 9.4 |
+-----------+--------+--------+--------+
| ST15 | 27 | 1.96 | 10.6 |
+-----------+--------+--------+--------+
| ST20 | 13.3 | 1.20 | 1.3 |
+-----------+--------+--------+--------+


Table 2: Drilling results on the Salinbas prospect reported for intercepts >1g/t
Au using a 0.5 g/t Au lower cut, no upper cut and up to 6 metres of waste
material allowed

+-----------+---------------+--------+--------+--------+
| Drillhole | Depth | Meters | Au g/t | Ag g/t |
+-----------+---------------+--------+--------+--------+
| SALH007 | 0.5 - 22 | 21.5 | 6.63 | 19.8 |
+-----------+---------------+--------+--------+--------+
| SALH008 | 9.8 - 28 | 18.2 | 4.08 | 29.2 |
+-----------+---------------+--------+--------+--------+
| SALH008 | 34.7 - 35 | 0.3 | 2.25 | 26.6 |
+-----------+---------------+--------+--------+--------+
| SALH008 | 48.8 - 49.4 | 0.6 | 2.84 | 10.2 |
+-----------+---------------+--------+--------+--------+
| SALH009 | 14.8 - 26.9 | 12.1 | 5.66 | 14.5 |
+-----------+---------------+--------+--------+--------+
| SALH011 | 0 - 4 | 4 | 1.45 | 2.45 |
+-----------+---------------+--------+--------+--------+
| | 6 - 48.7 | 42.7 | 2.78 | 13.4 |
| SALH012 +---------------+--------+--------+--------+
| | incl. 23 - 35 | 12 | 6.78 | 36.5 |
| +---------------+--------+--------+--------+
| SALH013 | 124 - 125 | 1 | 1.02 | 7.23 |
+-----------+---------------+--------+--------+--------+
| SALH014 | 0 - 23.8 | 23.8 | 2.67 | 14.1 |
+-----------+---------------+--------+--------+--------+

Ardala Porphyry

Mapping and sampling of the Ardala porphyry in 2009 indicated that the
mineralisation continues under shallow limestone cover to the south of outcrop
previously explored in the early 1990's. Drill testing of this area in 2010 has
confirmed this geological model and provided encouraging intercepts (Table 3).
Further drilling is planned in order to establish the full extent of the
porphyry extension.






Table 3: Drilling results for the Ardala porphyry reported for intercepts using
a 0.1 g/t Au lower cut, no upper cut and up to 6 metres of waste material
allowed

+-----------+-----------+--------+--------+------+
| Drillhole | Depth | Meters | Au g/t | Cu % |
+-----------+-----------+--------+--------+------+
| ARDH006 | 32 - 166 | 134 | 0.21 | 0.19 |
+-----------+-----------+--------+--------+------+
| ARDH007 | 0.5 - 194 | 189.5 | 0.17 | 0.24 |
+-----------+-----------+--------+--------+------+

Derinkoy

Two epithermal gold targets identified by soil geochemistry were selected for
drill testing. Drilling has commenced on one of these and results are expected
over the next two months.

Regional

Work across the Eastern Pontides region continues and targets have been selected
for licence selection once the next round of licence auctions commences in early
2011.

[outsider] 30/11/2010 07:56

Flatlands part owned by Fundy (suspended & valued at zero) has had funding from Rivington St Hldgs, so may have value now

[divinausa1] 30/11/2010 02:10

yup very Outsider

also in Asia....

i think it works in our favour as you can spend the morning here looking into yesterdays trading... when i was in the UK at the end of the trading day you want to switch off.

Hope to see some news on CYAN soon...

[outsider] 30/11/2010 00:07

Wow just seen our biggest holding now 9p bid (Im in Asia, so often asleep at 4.30pm uk time)

[outsider] 29/11/2010 23:59

Im sure he will! and a little more cash fo SVE.

[brando69] 29/11/2010 17:48

Surprised Watkins hasn't exercised first 600,000 of his options...


| | Options outstanding | Exercise price |
+--------------------+---------------------+----------------+
| Ronald Bruce Rowan | 1,750,000 | 15 pence |
+--------------------+---------------------+----------------+
| John Watkins | 500,000 | 5 pence |
+--------------------+---------------------+----------------+
| John Watkins | 100,000 | 6 pence |
+--------------------+---------------------+----------------+
| John Watkins | 875,000 | 15 pence

[brando69] 29/11/2010 17:37

NAV must be pushing 30p now

[brando69] 29/11/2010 16:51

closed at 15

[underperformer] 29/11/2010 16:17

am being quoted 15.5 to buy !

[brando69] 29/11/2010 16:17

here we go

[brando69] 29/11/2010 15:07

14p mid now

[outsider] 29/11/2010 09:12

actually sounds good rgm up 9% so far....at 8.25p bid (7.55p in header.)

[outsider] 29/11/2010 09:10

any chance of 542,000%? ;-)

[schweinswal] 29/11/2010 09:02

this will blow up RGM !!!

[outsider] 29/11/2010 08:43

Our bigger holdings Red Rock up, Regency up, Beowulf up & Starvest wow up to 13p bid!

[orvil] 28/11/2010 18:07

maxbubble-touchee

[maxbubble] 28/11/2010 14:29

orvil...I'm definately not going to tell her i'm talking to some bird online..lol

[orvil] 28/11/2010 13:53

maxbubble-what are you going to tell "the wife" that you went out on a limb-or that the limb has grown bigger than expected?

[uncleoswald] 28/11/2010 09:08

Asda has good offer on butter at the moment!