Tianshan Goldfields Share Discussion Threads

[mr.oz] 06/9/2007 18:44

Latest Fox Davies Capital Sector analysis comments favourably on TGF. The summary is clear but concise for any newcomers (p44)



Tianshan Goldfields Ltd Market: AIM (ASX) Analyst: Peter Rose / Brock Salier
TGF LN (TGF AU) Share price: 19.7p September 4, 2007


Background
Tianshan is an Australian based company with a 90% interest in the Gold Mountain project, which hosts a high-sulphidation epithermal gold deposit, close to the high grade Arxi gold mine, located in the Tulusi Basin, part of the Tian Shan Gold Belt. In 2003, a controlling interest in the Gold Mountain
project was vended into Tianshan Goldfields by the Australian Investment Group, Mineral Securities (MinSec). MinSec is now a 19.99% shareholder in Tianshan and will move to 30% once a performing preference share is converted.
The Company began exploration in 2003 with the aim to identify large tonnage, strata-bound, disseminated style gold deposits in near surface blankets associated with high grade feeder breccias and veins, suitable for open pit mining and heap leaching.

Key Assets
The Gold Mountain project has been consistently generating new drill targets and, to date developed a 2.84Moz resource with pre-feasibility studies underway. The exploration licence is renewable on a 2-year basis, currently valid until September 2008. In June 2007, it was announced that five new exploration licences had been granted for an aggregate area of 111km2 bringing the total licence area to 632km2. Negotiations are advanced to secure further tenements over areas of known mineralisation in the Tulasi Basin.
The project is located in a mountainous zone in the Xinjiang Province at a maximum elevation of around 1,600m. The area is normally subject to snow cover from November to March. Access is only 50km from the city of Yining, but the last 25km is via a high gradient unsealed road. However,infrastructure in the form of low cost power and water should be readily accessible when required.
The deposits comprise blankets of silicified breccia over a limestone base.

The 2006 drill field season completed 225 holes for 36,717m and produced a total indicated and inferred resource of 95Mt @ 0.9g/t at a 0.5g/t cut-off grade. These resources are contained within a 4.0km2 area in the north-west portion of the 88.5km2 exploration licence. The resource is contained in
four discrete deposits, with around 60% of the total resource Jinxi/Balake.

The 2007 exploration budget is US$5.4mn and is primarily an infill drill programme to raise the inferred resource to indicated category. The second report from 4,953m of the 2007 drill programme showed assay results from 40 drill holes. There were some significant intersections from the Jinxi,
infill and extension holes including 57m @ 3.64g/t, 23m @ 1.58g/t and 25m @ 1.1g/t. Drilling has intersected hydrothermally altered breccias at shallow depth in the south west and extensions to the mineralisation to the north and southeast have also been confirmed.
The mineable portion of current resources should be sufficient to support a 100,000oz pa open pit,heap leach operation. The deposits are low grade and will have different strip ratios but should be highly commercial due to low capital and operating costs attributable to equipment, power, water
and labour. Metallurgical tests from heap leaching have shown satisfactory results. A pre-feasibility study is underway on an open pit operation with heap leach treatment.

Comment
Tianshan appears to have two options, either upgrade and fast track the current resource to production, or to focus on aggressive drilling to target a world class resource. The latter choice may carry weight in view of the highly prospective exploration potential in the wider lease area. This may
be clarified further as a result of the 2007 regional drill programme. On an in-situ value basis Tianshan appears undervalued.

[mr.oz] 06/9/2007 12:30

Tianshan Goldfields Ltd
06 September 2007

Tianshan Goldfields Limited

('Tianshan' or the 'Company')



Change of Broker



The Board of Tianshan Goldfields Limited (TGF.L; TGF.AU), the exploration and
development company focused on the Tian Shan Gold Belt in north west China, is
pleased to announce that it has appointed Panmure Gordon (UK) Limited as its
Broker with immediate effect.



Panmure Gordon, through its Appointed Representative GMP Securities Europe LLP,
has been appointed because of its strength in the natural resources sector which
the Company believes will be beneficial as its business develops.

[mr.oz] 03/9/2007 07:37

Tianshan Goldfields announces further significant Gold Mountain drill results


LONDON (Thomson Financial) - Tianshan Goldfields Ltd announced further
significant drilling results from the Gold Mountain project, in which it holds a
90 pct interest, in western China.
Drilling has confirmed significant widths of deeper higher-grade
mineralisation in the southeast of the Jinxi deposit, while additional results
from Yelmand confirmed grade continuity and extensions to mineralisation to the
west.

[mr.oz] 03/9/2007 07:18

In slightly greater detail....


Roll on that revised resource estimate

[mr.oz] 03/9/2007 07:16

Further Significant Gold Mountain Drilling Results



* In 2007 a total of 74 diamond drillholes, for an aggregate 7,838
metres, have been completed at Jinxi, Yelmand and the Kezele prospect.



* Drilling has confirmed significant widths of deeper higher grade
mineralisation in the southeast of the Jinxi deposit. Final assays received for
Yelmand infill drilling have confirmed grade continuity and extensions to
mineralisation to the west.



* Significant results include:

Yelmand 66 metres at 1.06g/t Au from 15 metres (including 29 metres at
1.64g/t Au from 18 metres)

63 metres at 0.91g/t Au from 31 metres (including 6 metres at 1.43g/t
Au from 37 metres and 25 metres at 1.27g/t Au from 69 metres)

37.5 metres at 1.69g/t Au from 2.5 metres (including 10 metres at
1.94g/t Au from 30 metres)

48 metres at 1.42g/t Au from 42 metres (including 38 metres at
1.67g/t Au from 46 metres)


Jinxi 35 metres at 1.71g/t Au from 90 metres; 32 metres at 0.98g/t Au from
133 metres

13 metres at 0.54g/t Au from 41 metres; 16 metres at 1.58g/t Au from
74 metres; 12 metres at 0.64g/t Au from 95 metres


Kezele 7 metres at 0.86g/t Au from 17 metres



Overview

Tianshan is pleased to release further results from the 2007 infill and
extension drilling programme at the Jinxi and Yelmand deposits. At Jinxi
drilling has intersected gold mineralised hydrothermally altered breccias at
shallow depth in the south west and extensions to the gold mineralisation in the
north and southeast. Yelmand infill drilling has confirmed grade continuity and
extensions of mineralisation to the west. Drilling at the Kezele prospect, 4km
south of Yelmand located significant gold mineralisation that warrants future
follow-up exploration.



To 29th August 2007, a total of 74 drillholes in the 2007 programme have been
completed at the Jinxi and Yelmand deposits and Kezele prospect for a total of
7,838 metres drilled for the year. A total of 8,012 samples, including check
assays, submitted to the laboratory have had assay results reported.

[mr.oz] 24/8/2007 08:17

we have a new Broker coverring our baby... above is their note, which rates TGF as a speculative buy, valuation up to 0.69 AUS dollars. Current 11% bounce in share price over in AUS has taken this up to 0.5 AUS dollars last night..

Good luck folks

[mr.oz] 18/8/2007 10:37

WELL... been a bad couple of weeks here, and even quieter too than normal...but looking tempting now in my opinion !

Anyone owning up to bailing out?

[mr.oz] 01/8/2007 07:34

Code Last % Chg Bid Offer Open High Low ___ Vol
TGF 0.630 0% 0.630 0.650 0.630 0.630 0.620 283,550

[mr.oz] 31/7/2007 07:42

New high ,with a bit of volume, in AU.
Quarterly Cash flow report here , with detailed summary of operations:

[mr.oz] 29/7/2007 23:02

Back to all time highs in AU.. cream rising to the top. Hard week elswhere and to come...?Note the divergence, good stock to be in....

[mr.oz] 26/7/2007 19:58

hi clearsoup ... nice to have some company , discussing our company!

My impresion is this programme is already a high priority activity for the company.I assumed it was being undertaken in a manner as quick as was practical.Remember, the good weather allowed TGF to start this programme earlier than forecast, so that confirms that to me.

The phase 2 drilling programme will no doubt be guided by this stage's results if they find anything , like the two prospects noted above, that looks more juicy ... with that potential to a "blue-sky" resource.

[clearsoup] 26/7/2007 09:00

Thanks for this thread, Mr. O! Mainly to keep you company: I hold TGF both directly and through Minsec; and have confidence in the latter's management. TGF looks promising. Do you have an idea where the recent 6000+m drilling program lies, between the absolute flat-out rate that the company might achieve, and the tick-over one would expect on a low priority prospect. Same speculation would apply to future plans.

[mr.oz] 26/7/2007 07:27

SP and Volume risen significantly in ASX trading (SP up nearly 8% last night)... since the drilling report.... good luck AIM holders

[mr.oz] 24/7/2007 07:42

The previously reported deep high grade
intersection in DD07JX115 - 57 metres at 3.64g/t Au (including 51 metres at
4.01g/t Au) located to the south along the trend from DD06JX072 (38 metres at
1.24g/t Au) and DD06JX073 (59 metres at 1.95g/t Au) will be investigated as a
priority in phase two 2007 Jinxi drilling

[mr.oz] 24/7/2007 07:33

Tianshan Goldfields Ltd
24 July 2007

TIANSHAN GOLDFIELDS LIMITED

GOLD MOUNTAIN DRILLING RESULTS

• In 2007 a total of 65 diamond drillholes, for an aggregate 6,862
metres, have been completed at Jinxi and Yelmand.

• Drilling has confirmed mineralisation extends to the north and
southeast at Jinxi deposit. Yelmand infill drilling has confirmed
grade continuity.

• Significant results include:


Yelmand 58 metres at 1.16g/t Au from 23 metres

Jinxi 30 metres at 1.51g/t Au from 91 metres (including 22
metres at 1.84g/t Au from 99 metres)

Recent significant assays report:

Jinxi

• DD07JX122 - 30 metres at 1.51g/t Au from 91 metres
(including 22 metres at 1.84g/t Au from 99 metres)

• DD07JX123 - 20 metres at 0.95g/t Au from 77 metres
(including 10 metres at 1.56g/t Au from 87 metres)

• DD07JX130 - 19 metres at 1.22g/t Au from 63 metres; 10
metres at 0.62g/t Au from 87 metres

• DD07JX131 - 30 metres at 0.89g/t Au from 92 metres
(including 13 metres at 1.52g/t Au from 109 metres);
16 metres at 0.37g/t Au from 127 metres

Yelmand
• DD07YEL119 - 47 metres at 0.70g/t Au from 69 metres
(including 14 metres at 0.89g/t Au from 102 metres)

• DD07YEL120 - 21 metres at 1.61g/t Au from 28 metres

• DD07YEL124 - 39 metres at 0.96g/t Au from 40 metres
(including 15 metres at 1.49g/t Au from 40 metres and
6 metres at 1.10g/t Au from 69 metres)

• DD07YEL125 - 26 metres at 1.02 g/t Au from 2 metres

• DD07YEL126 - 35 metres at 0.90 g/t Au from 5 metres

• DD07YEL127 -57.77 metres at 1.16g/t Au from 23 metres

[mr.oz] 24/7/2007 07:26

Drilling Results !



Dripping with Gold .... very widespread , vast majority of holes above .3g/T...some very significant ...very happy with this. Can not wait for the resource estimate update.

[mr.oz] 05/7/2007 19:41

Cheers Simon ... in the header now
Been travelling lately ,but nice to see the visits to the thread consistantly showing interest , even with a lack of new posts. Hopefully, there's enough info and things going on to satisfy the newbies

[simon54] 05/7/2007 17:14

FD Capital note following their site visit:

[salmac] 05/7/2007 17:02

Holmes - yes they can. See my post 74.

[holmes1957] 05/7/2007 13:54

new to this share can it be put in an isa

[mr.oz] 29/6/2007 15:47

Uncle Keith will be happy ..... interesting times for the junior mining fraternity... but of course we are soon a major resource !

Scarborough Minerals & Mineral Securities Shareholders Approve Merger
Friday, June 29, 2007, 06:30 AM
Both Scarborough Minerals and Mineral Securities boards announced that the merger of the two companies has achieved the necessary approvals from the shareholders of both companies.

Provided that legal proceeding go to plan the merger should be complete and shares in the new vehicle - Minsec BVI - will trade on the AIM and ASX markets on 20 July 2007.

Robert de Crespigny, who will become Chairman of the combined group said:
"This merger creates a stronger company which is better placed to become a large resource investment house. Following the successful conclusion of the merger and the listing on AIM, I look forward to reporting on the delivery of significant value growth for all the shareholders in the merged company."

Keith Liddell, who will be Chief Executive of the combined group, said:
"The merger combines complementary management teams, skills and assets to create a company that is greater than the sum of its parts. Mineral Securities is now in a position to go forward with increased scale and financial muscle and a stronger platform for future growth."

[mr.oz] 29/6/2007 07:54

bounced again in AU ... anticipation there of good things ahead

[mr.oz] 21/6/2007 07:27

Hi hatto ... possibly , but ASX:TGF rose 4.5% today in AU.