TUNGSTEN - 3 POSTS
From: John McCarthy 3/21/2007 7:00:44 PM
Read Replies (1) of 36513
just wanna beat this OTL.V thing to death
(1) Up .43 cents today (15%) to 3.27
(2) Hank has suggested (my poor paraphrasing) that
China might try to get a lock on tungsten
(3) OTL.V came out with this blurb a couple of
days ago i.e. tungsten in South Korea ....
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South Korea ....
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Oriental Minerals Initial Drill Results From Sangdong
VANCOUVER, BC -- (MARKET WIRE) -- March 01, 2007 -- Oriental Minerals Inc. (TSX-V: OTL) is very pleased to announce the drill results received from the Company's first drill hole at the Sangdong tungsten-molybdenum project in South Korea. Highlights from SD-01 include an interval grading 2.37% tungsten oxide (WO3), 0.12% molybdenum with 0.34 g/t gold, 0.02% tin and 0.15% bismuth over 6 metres. The initial results indicate mineralization disseminated much more broadly than reported historically and with significant grades occurring almost 70 metres closer to surface than the old mine workings. This has very significant implications, both in terms of the amount of mineralization and the choice of a future mining method as this former tungsten mine continues to be assessed by Oriental Minerals. Other significant results from the upper portion of hole SD-01 include:
TABLE
marketwire.com
(4) and for good measure To: ms.smartest.person posted this today
<SNIP>
ORIENTAL MINERALS (V-OTL) $2.80 +0.24
It looks like some thing’s that you could count on, suddenly you can’t count on anymore…...Joe Martin is the fellow who has created the success of the Cambridge House Conference Group, that enables the average investor/speculator to visit with the junior explorers and first hand find out what’s going on!
His shows in Vancouver have attracted close to 10,000 people lately and on the weekend of Saturday, March 31 and Sunday, April 1 they are planning the next big show in Calgary. If you’re in the neighborhood, make sure you plan to attend!
One thing about Joe Martin has been that despite his association with so many of the mining companies, the fact that he knows everyone and probably has so much if not too much money invested in many of them, whenever we ask him for a pick every year …... the only thing certain in life has been that his pick would go down.
Last year, for a few days, his pick of Senator Minerals (SNR) was actually up before it started a slow process of almost disappearing! This year his pick of Oriental Minerals (OTL) has gone quite the other way, being one of the success stories of the last couple of months.
He suggested it back on February 1st when it was $1.40 a share and look at how it has fared in a market that’s’ becoming ugly!
Anyway at his big show in Calgary on March 31 and April 1 we were invited as a speaker, but on those dates we are in Mexico and won’t be able to make it! But, if you can there are a couple of companies you’re going to have to visit with!
Message 23383133
In closing - I don't know anything about the company
but wanted to compile the trains of thoughts that
other folks have expressed.
regards,
John
Message 23389392
To: John McCarthy who wrote (36478) 3/21/2007 8:59:23 PM
From: heinz44 Read Replies (1) | Respond to of 36513
2) Hank has suggested (my poor paraphrasing) that
China might try to get a lock on tungsten
WELL i believe its time has come finally-despite those old fat cat fuddy duddies....DONT MISS IT -they may even get that powerful news letter writer back on board (i hope)!!!!!!!!! moly-tung
Sometimes it pays to wait...3 f years now for me ,but I have a boat load...let the games begin
Sultan Minerals begins Jersey-Emerald drilling
2007-02-27 10:52 ET - News Release
Mr. Arthur Troup reports
SULTAN MINERALS RESUMES DRILLING TO EXPAND JERSEY EMERALD RESOURCE
Sultan Minerals Inc. has begun its planned 2007 underground drilling program at its Jersey-Emerald property near Salmo, B.C. The program, comprising up to 14,000 feet (4,200 metres) of NQ-2 diamond drilling, is designed to expand the tungsten and molybdenum zones reported in the National Instrument 43-101-compliant initial resource estimate on Nov. 8, 2006. Drilling is being carried out from the historic Jersey lead-zinc mine workings in order to penetrate and delineate the underlying tungsten- and molybdenum-bearing horizons.
The Jersey-Emerald property is host to the historic Jersey lead-zinc mine, British Columbia's second largest lead-zinc producer, and the former Emerald tungsten mine, Canada's second largest tungsten mine. Both mines were closed in 1973 due to low commodity prices. The initial resource evaluation released in November, 2006, shows there is a remaining drilled out tungsten resource that compares favourably with the published reserves of the Western world's three largest tungsten mines.
The remainder is available to Stockwatch subscribers.
siliconinvestor.com
To: heinz44 who wrote (36482) 3/21/2007 9:06:10 PM
From: LoneClone Read Replies (1) | Respond to of 36513
Australia: Tungsten hunt on West Coast
Source: The Press
metalsplace.com
Small Australian exploration company Auzex Resources is looking for tungsten on the West Coast, on Conservation Department land near Reefton.
It is hurrying to drill the area by May to beat winter's arrival, but the work is subject to official approvals. It will be the first exploration drilling for tungsten, though sampling for the metal was done about 25 years ago.
The company said the initial drilling would have little environmental impact, though it admits "issues" would ensue if it was developed as a mine.
But the nearby Oceana-Gold Globe Progress mine showed mines were possible with DOC approval.
Tungsten is a hard metal used as an alloy in items such as electric light elements and stainless steel and in high-grade machinery and is used by the military to replace lead-core bullets. Tungsten sells for about $27,000 a tonne, about half the price of nickel and three times the price of copper.
Auzex is a relatively new company, listing in 2005, with about 300 shareholders in the Wellington region, and another 80 in the rest of New Zealand, who together hold about a fifth of the company. Its shares listed at 50c each and have since risen to about $2.
Auzex is more advanced in its molybdenum project in northern New South Wales. Also used as a strengthening agent, it is corrosive resistant and used in oil and gas pipelines.
A scoping study to estimate mine and production costs should be finished by May. The mine could cost up to $A20 million to develop.
The company also has a gold prospect at Seven Hills in northern New South Wales, in an area where no modern exploration has been done.
The Auzex share price has enjoyed a recent run-up, partly on the strength of a drill programme which showed a 13-metre section at the Seven Hills prospect with gold at 8.5 grams per tonne of ore. Further drill results are likely in a few weeks.
Auzex has entered a joint venture with New Zealand Minerals over tenements held by subsidiary Auzex Resources NZ on the West Coast, including the Kirwans tungsten prospect about 15km from Reefton.
"We are progressing that very solidly," Auzex investor relations manager Brett O'Donovan said. "There is a good chance of drilling there for tungsten, within six weeks."
It was a sizeable "anomaly" area, so "it could be big, we don't know until we get below surface".
"It is early days and this is grass roots (exploration), but there have been very significant sniffs of tungsten at surface, at very good grades," he said. More information was expected next month.
New Zealand Minerals is paying $1.7 million for a 50 per cent interest in all Auzex NZ tenements, with a minimum commitment of $850,000 required. NZ Minerals is owned by property developer Mark Gunton, who developed the Westgate shopping centre.
An application has been made to the Conservation Department for an initial diamond drill programme, with hopes it will be done in May.
siliconinvestor.com
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