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Share Name | Share Symbol | Market | Stock Type |
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Tau Capital Plc | TAU | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
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0.00175 | 0.00175 |
Top Posts |
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Posted at 02/4/2024 21:04 by stu31 Thesis Gold Drills 60.00 Metres Of 4.53 G/T Gold, Including 19.00 Metres Of 10.39 G/T GoldVancouver, British Columbia–(News Highlights In both Thesis II and Thesis III, two distinct broad mineralized domains are present in the near-surface and at depth. Drilling at Thesis II was designed to test deeper mineralization identified at the end of the 2022 drilling campaign: 23TH2DD005 intersected 60.00 metres (m) of 4.53 grams per tonne gold (g/t Au) beginning 84 m from surface (vertical depth). Including 19.00 m of 10.39 g/t Au. Drilling at Thesis III returned strong near surface mineralization: 23TH3DD013 intersected 24.32 m of 2.93 g/t Au beginning at a vertical depth of 32 m. 23TH3DD017 intersected 39.90 m of 2.39 g/t Au beginning at vertical depth of 4 m. Confirmation and infill drilling from the 2023 season will be incorporated into an upcoming, maiden mineral resource estimate for the Ranch Project scheduled for Q2 2024. Ewan Webster, President and CEO, commented “The 2023 drilling results at Thesis II and Thesis III represent yet another step towards unlocking the full potential of the Ranch Project. Our targeted strategy for the 2023 program focused on furthering our understanding of the high-grade, near-surface potential at Ranch as we progress towards a maiden resource estimate. We view this as a stepping stone in our ongoing efforts to extend the mineralization at Ranch. Todays notable step-out headline hole of 60.00 m at 4.53 g/t Au strongly suggests that there is still much to be discovered.” Thesis II and Thesis III represent the southern and central zones of the Thesis Structural Corridor, which, together with the emerging Bingo zone (see 20 November 2023 news release) represents a multi-kilometre scale structural zone that hosts multiple mineralized domains (Figure 1). On the regional, district, and deposit scale, mineralization is largely associated with intersecting, NW-SE and E-W trending faults observed and interpreted from magnetic surveys (Figure 1). Regional scale faults may act as deeper fluid conduits that promote the movement of hydrothermal fluids in porphyry and epithermal systems. Drilling continues to enhance our understanding of how these faults interact locally to control the geometry of mineralized bodies. In particular, drillhole 23TH2DD005, a step-out hole at the southern end of the Thesis II zone intercepted 60.00 m of 4.53 g/t gold beginning at a down hole depth of 141 m. However, a subsequent step-out, drillhole 23TH2DD006, returned a low-grade interval of 1.00 m at 0.61 g/t gold (Table 1), suggesting that the NE structure separating the two holes may offset mineralization to the southwest (Figure 2). Alteration associated with mineralization is typically destructive of magnetic minerals and is interpreted to cause a low-to-moderate magnetic signature compared to surrounding unaltered rocks. The Thesis technical team is developing new drill targets in the low-to-moderate magnetic lineaments that parallel known mineralized trends. Broad high-grade mineralization, like in 23TH2DD005 (Figure 3), continues to highlight the potential for expansion and discovery across the Ranch Project in the upcoming year and beyond. |
Posted at 17/4/2019 07:34 by alexios1201 Tau Capital PLC12 April 201912 April 2019Tau Capital plc("Tau" or "the Company")Directorate ChangesTau Capital plc ("the Company") announces that Gerwyn Williams and Nigel Burton have been appointed as non-executive Directors with immediate e?ect. Gerwyn Williams will be the Company's Chairman. Terence Mahony and Philip Lambert have stepped down from the Company's Board with immediate effect.Both Gerwyn Williams and Nigel Burton have participated in the Placing announced on 15 March 2019, which completed on 9 April 2019. At the time of agreeing to participate in the Placing, both were not directors of the Company. Gerwyn Williams is interested in 32,530,000 Ordinary Shares, which represents a value of $32,530 at the Placing price and represents 16.35% of the voting rights in the Company. Nigel Burton is interested in 26,024,000 Ordinary Shares, which represents a value of $26,024 at the Placing price and represents 13.08% of the voting rights in the Company.Further to the Company's announcement of 15 March 2019, the Board has decided that it will defer any decision to change the name of the Company for the time being.Gerwyn Llewellyn Williams (aged 69)Gerwyn is a quali?ed Electrical Engineer with many years' hands on experience in the coal mining and unconventional gas industries, having started work as an underground mine worker spending 22 years working for British Coal. He has founded a number of energy businesses and is currently the largest shareholder in In?nity Energy and the company's Chief Executive O?cer. Gerwyn is also the Chairman of UK Onshore Gas, his family owned group of companies that hold 139,839 acres of Petroleum Exploration and Development Licences ("PEDL") in South Wales via wholly owned subsidiary companies Coastal Oil and Gas Limited, UK Methane Limited and Adamo Energy (UK) Limited. Gerwyn is also the sole Director of Transgas whose subsidiary South Western Energy Limited holds 203,590 acres of PEDLs in North Somerset and in Dorset adjacent to Wytch Farm. Transgas is wholly owned by the Williams family. Gerwyn is a Chartered Engineer, a Fellow of the Institute of Materials, Minerals and Mining, and a Fellow of the Energy Institute.In accordance with Schedule 2(g) of the AIM Rules, Gerwyn Williams holds, or has held in the past ?ve years, the following directorships and partnerships:Current |
Posted at 14/3/2012 12:45 by wexboy Hi folks,Just finished a two part review of all the Russia focused/related closed-end funds out there, including TAU - hope you'll take a look & comment: Cheers, Wexboy |
Posted at 22/8/2008 20:02 by hawks11 Hyper Al - I have edited out all my TAU Capital entries.Hawks |
Posted at 22/8/2008 09:33 by hyper al At some point Molopo was dumped.Think Firestone diamonds must have taken over the Molopo licences Oh well. hawks11 Maybe you should start a new thread for Tau Capital. |
Posted at 22/8/2008 09:25 by hyper al It appears Tau Capital has nothing to do with Tau Mining.Tau Minings website has gone. Just found this "Southern African Resources to take Full Control of Tau Mining Ltd and its Molopo Farms Botswana" |
Posted at 03/1/2004 09:19 by hyper al Can anyone make any comments about this company?Their website is: - All I know is that the "Molopo Farms Project" in Botswana has enormous potential and comprises 10 granted Prospecting Licences covering an area of 6185 square kilometres, and is 100% owned by Tau. This alone makes Tau a very good long term prospect and one of the best I have ever seen in the exploration sector. I am not sure if they have plans to list on London's AIM, if not I may be buying some aussie stock. All IMHO. Do your research. Take a close look at everything to do with "Molopo Farms Project" |
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