CDE achète PJO: palmarejo (canamex) et BSG: Bolnisi...(Mexi Kangoo)
Excellent moyen de se débarasser du PQ vert ( 1.1 Milliard quand même) pour de vrais actifs àmha...
Press Release Source: Coeur d'Alene Mines Corporation
j'ai mis en fin de post les teneurs des derniers forages de PJO, ça déchire sa race...!!!
j'ai mis en gras les tailles et les teneurs les plus sexy... http://biz.yahoo.com/bw/070924/20070924005832.html?.v=1
Press Release Source: Coeur d'Alene Mines Corporation
Coeur Files Preliminary Proxy Materials
Monday September 24, 9:20 am ET
Parties Provide Transaction Update
COEUR D'ALENE, Idaho & SYDNEY, Australia & LONGUEUIL, Quebec--(BUSINESS WIRE)--Coeur d'Alene Mines Corporation (NYSE: CDE, TSX: CDM), Bolnisi Gold NL (ASX: BSG - News) and Palmarejo Silver and Gold Corporation (TSX-V: PJO - News) today announced that Coeur has filed its preliminary proxy statement with the Securities and Exchange Commission ("SEC") with respect to the issuance of Coeur shares pursuant to Coeur's proposed acquisition of Bolnisi and Palmarejo.
The date of the special meeting of Coeur shareholders and the record date for the meeting will be specified in a definitive proxy statement that will be mailed to shareholders following the SEC's review of the preliminary proxy statement or, alternatively, the SEC's election to not review the preliminary proxy statement. For shareholders' general information, the preliminary proxy statement is available on the SEC's website at www.sec.gov,
the Canadian securities regulators' website at www.sedar.com
or Coeur's website at www.coeur.com.
On May 3, 2007, Coeur, Bolnisi Gold NL, and Palmarejo announced that they entered into agreements to merge, which were approved unanimously by their respective boards of directors. Pursuant to the agreements, Coeur will acquire all of the shares of Bolnisi, and all the shares of Palmarejo not owned by Bolnisi, in a transaction valued at approximately US$1.1 billion.
The companies have agreed to amend the Merger Implementation Agreements and the Bolnisi directors' option deeds to allow for adequate time for the required regulatory processes and receipt of the required shareholder and court approvals. The parties expect to close the transaction in the fourth quarter of 2007.
The companies also announced that Bolnisi, with the consent of Coeur, will enter into a $20 million credit facility with Macquarie Bank Limited to fund ongoing project development. The facility will enable Bolnisi and Palmarejo to continue to develop the Palmarejo Project under the direction of the Project Development Committee, which consists of professional staff from Bolnisi, Palmarejo and Coeur.
Coeur d'Alene Mines Corporation is one of the world's leading primary silver producers and a growing gold producer. The company has mining interests in Alaska, Argentina, Australia, Bolivia, Chile, Nevada, and Tanzania. In 2006, Coeur produced 12.8 million ounces of silver and 116,000 ounces of gold. Cash costs in 2006 were $3.33 per ounce of silver for 2006.
About Bolnisi Gold
Bolnisi Gold NL is an Australia-based company engaged in mining and exploration for gold and minerals. The Company's activities are all Mexican precious metals operations with an existing portfolio of projects, which include the Palmarejo Silver-Gold project (including Trogan), Chihuahua; the Yecora Gold-Silver project, Sonora, and the El Realito Gold-Silver project, Chihuahua.
About Palmarejo Silver & Gold
Palmarejo Silver And Gold Corporation is a silver/gold exploration company listed on the TSX Venture Exchange under the symbol "PJO". Palmarejo's principal activity is to explore and develop gold and silver properties located in the Temoris District of Chihuahua, Mexico within the Sierra Madre Occidental mountain range.
les derniers forages en date de PJOhttp://biz.yahoo.com/ccn/070913/200709130412946001.html?.v=1
Palmarejo Silver and Gold Corporation Announces Further Drill Results From the Guadalupe Project
Thursday September 13, 10:20 am ET
LONGUEUIL, QUEBEC--(Marketwire - Sept. 13, 2007) - Palmarejo Silver and Gold Corporation (TSX VENTURE:PJO - News; the "Company") is pleased to announce results from the continuing reverse circulation (RC) and diamond drill program at its Guadalupe project, 7.0 kilometres southeast of the Palmarejo Project, in the Temoris District, Chihuahua, Mexico.
The Guadalupe project consists of a series of northeast dipping quartz veins that have been traced for more than 2,000 metres along strike. There are three main prospects located along the Guadalupe structure known from north to south as Guadalupe Norte, Guadalupe and Las Animas. A fourth prospect, El Salto, has been identified by surface mapping as a link structure between Las Animas and Guadalupe. El Salto has only been tested by near surface drilling.
Thirty four holes have been drilled for 2,555 metres of RC and 7,072 metres of diamond core (including two core continuations of RC, and one wedge hole) since the previous drilling update on 24 July 2007. Some of the better results from recent drilling are reported below as down hole intercepts. Where there is a difference between down hole and true width intercepts these are noted in the table of full assay results recorded below.
- TGDH128D 15.00 metres @ 1.27 g/t Au and 141 g/t Ag
(3.6 g/t AuEq) and
9.00 metres @ 4.35 g/t Au
and 119 g/t Ag
(6.3 g/t AuEq)
- TGDH133D 15.72 me
tres @ 2.04 g/t Au and 97 g/t Ag (3.7 g/t AuEq)
- TGDH133W 3.20 metres @ 0.95 g/t Au and 114 g/t Ag
(2.9 g/t AuEq) and
9.00 metres @ 3.37 g/t Au and 159 g/t Ag
(6.0 g/t AuEq) and
1.00 metres @ 8.75 g/t Au
and 18 g/t Ag (9.1 g/t AuEq)
- TGDH138D 5.17 metres @ 0.58 g/t Au and 42 g/t Ag (1.3 g/t AuEq) and
12.70 metres @ 1.75 g/t Au and 66 g/t Ag (2.9 g/t AuEq)
- TGDH140D 4.00 metres @ 107.64 g/t Au and 231 g/t Ag (111.5 g/t AuEq)
- TGDH142D 22.50 metres @ 3.29 g/t Au and 193 g/t Ag (6.5 g/t AuEq) and
34.50 metres @ 1.04 g/t Au and 47 g/t Ag (1.8 g/t AuEq)
- TGDH147D 17.50 metres
@ 1.22 g/t Au and 152 g/t Ag
(3.8 g/t AuEq) and
12.00 metres @ 1.22 g/t Au and 78 g/t Ag (2.5 g/t AuEq) and 11.00 metres @ 3.26 g/t Au and 105 g/t Ag
(5.0 g/t AuEq)
- TGDH148D 1.54 metres @ [b]64.23 g/t Au
and 94 g/t Ag (65.8 g/t AuEq)
- TGDH151D 8.00 metres @ 2.32 g/t Au and 100 g/t Ag
(4.0 g/t AuEq)
- TGDH152 12.19 metres @ 0.41 g/t Au and 50 g/t Ag (1.3 g/t AuEq)
- TGDH157D 7.24 metres @ 6.43 g/t Au and 233 g/t Ag
(10.3 g/t AuEq) and
6.10 metres @ 3.09 g/t Au and 160 g/t Ag
(5.8 g/t AuEq)
- TGDH162D 33.50 metres @ 1.60 g/t
Au and 106 g/t Ag
(3.4 g/t AuEq)
A map of the Palmarejo - Trogan Project is available at the following address: http://www.ccnmatthews.com/docs/PJOTrojan0913.pdf
Details of the drill hole locations are available at the following address: http://www.ccnmatthews.com/docs/drill_hole0913.pdf
Assay Results are available at the following address: http://www.ccnmatthews.com/docs/Assay_Results0913.pdf