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Gold/Mining/Energy : Conquistador Mines Ltd. (CMG-V) -- Ignore unavailable to you. Want to Upgrade?


To: russet who wrote (1297)8/25/2000 1:36:15 AM
From: .Trev  Respond to of 1419
 
Jeez Russett I operate on the theory that when you have nothing material to say that's what you should do...Say nothing.
Then you have to go and bring up that bad tempered lady's name again and wash out my linen. LOL

Interesting to see the pics, but haven't heard that property mentioned for a while. As far as I know meetings, discussions and exploration continue in Colombia, and I was really pleased to see Fernando Rico come on the BOD as he is the guy who worked with CMG management to put the Marmato deal together in the first place, and is a mining man of some credibility and influence.

Hopefully we will see further developments on several fronts while we are still able to enjoy them.

Meantime if Chuka's got any further goodies to contribute, there's bunches of people biding their time, and waiting with varying degrees of patience for real action to develop.

BTW be kind to Vaughn will ya, he's one of the good guys, like us.

Cheers
Trev



To: russet who wrote (1297)8/25/2000 11:33:08 AM
From: Chuca Marsh  Read Replies (1) | Respond to of 1419
 
Here is todays start of Market Deepth:
Broker #Sh Bid
Price Ask
Price #Sh Broker
62 Haywood 6,500 0.14 0.17 10,000 62 Haywood
7 Green Line 5,000 0.14 0.19 10,000 7 Green Line
6 Union 15,000 0.12 0.20 20,000 62 Haywood
141 Bolder 20,000 0.11 0.20 20,000 89 Goepel McDermid
141 Bolder 10,000 0.10 0.20 7,500 7 Green Line
62 Haywood 25,000 0.10 0.22 4,000 2 DS
33 Canaccord 10,000 0.10 0.24 5,500 33 Canaccord
141 Bolder 10,000 0.09 0.26 4,000 7 Green Line
27 Dundee 20,000 0.09 0.26 5,500 7 Green Line
141 Bolder 20,000 0.08 0.35 2,000 2 DS
canada-stockwatch.com
I am posting this here because, I made a TYPO on the 0.0105 I said yesterday as it should of been 0.105 Cents which I assume the Exchange Rate Differance in US Funds is 0.67 to this USD figure, at which to apply to the Bid or ask, your choice. They have a Quarter Million Dollars, see NR in July 00- Last line might of been overlooked. Smart outfit, it appears.
Chucka
P.S.- Start here with a Key West Slide show( 1 mile between Key West and Great Eastern Mines)( look at small icon on LEFT SIDE) I image of a Valley we keyed into, the last page of it has the Mine Map with our HAND written claims; all the SCORES of RECTANGLES are listed at Clark County as CONQUISTOR MINES claims. That Map is a Clark Public Map since late May.
community.webshots.com
TREND MINING is Sec 31 on Blue Map enlarged: 4 Miles SW:
trendmining.com
So, no one is working cept me I guess! LOL.
P.P.S.- Map Info, look for Great Eastern; and NR is last out, but Sedar Site has Mid August Financials out on it, nothing new there.
Conquistador Mines Ltd CMG
Shares issued 43,663,907 2000-07-25 close $0.13
Wednesday Jul 26 2000

Mr. Raul Madrid reports
The company has reached an agreement to sell a 7-per-cent interest in the Colombian regional exploration program to AngloGold South America Ltd. for $250,000 (U.S.). Conquistador and AngloGold have agreed to modify their heads of agreement dated Nov. 5, 1999, to reflect this change. Under this amendment, AngloGold has the right to acquire an additional 7 per cent of the regional exploration program by paying the $250,000 (U.S.) within 60 days. AngloGold must also complete the $2.5-million (U.S.) exploration financing by Nov. 5, 2004, to earn a total of 57 per cent. AngloGold completed the first six-month financing period by providing $250,000 (U.S.) through May 31, 2000, and, is presently financing the subsequent six-month program and must finance $500,000 (U.S.) by May 31, 2001.
AngloGold has granted Conquistador the option to repurchase the 7-per-cent interest by paying AngloGold $750,000 (U.S.) before the end of three years from the date of this amendment to the agreement or 60 days from the completion of AngloGold's $2.5 million (U.S.) financing of the Regional project, whichever is earlier. By exercising this repurchase option, Conquistador Mines would bring its interest back up to 50 per cent of the regional exploration program.
Conquistador will use the $250,000 (U.S.) from the sale to meet current corporate obligations and to provide working capital.

(c) Copyright 2000 Canjex

MAP: They are The Hill, we are the Valley to the Left, No Specific Directions. (Given)

terraserver.microsoft.com

Some Extra Area Pictures we took in 1Q 2000:http://www.auctionbuy.com/keywest/
Bag Of Stuff Picture:

community.webshots.com
Colored Rock at bottom is next to a an interesting rock that fell off a truck leaving Key West Mine, I figure. Black Rock at top, from that other one hour away area...Plastic Bag from the Valley at near the Mountain, in the sands ( we hope).

PASTES:

in addition see:
HPage:
News May 25, 1999

Conquistador Mines Ltd. announces Platinum -Palladium Property



Conquistador Mines Ltd. is pleased to announce that it has concluded a letter of intent to be followed by an option to purchase agreement to acquire a platinum-palladium property in the western United States. Conquistador is given an exclusive, 90-day due diligence period for an initial payment of US$5,000 upon signing a letter of intent. This will be followed by a payment of US$10,000 on signing of the option agreement, as a first of several payments in the following schedule.



$10,000 on signing

$15,000 6 months from date of signing

$25,000 12 months from date of signing

$25,000 18 months from date of signing







$75,000 24 months from date of signing

$75,000 36 months from date of signing

$75,000 48 months from date of signing

Total: US$305,000 (including due diligence amount)



At the end of 48 months, the Company will have completed the acquisition subject to a 2% Net Smelter Return (NSR). At the option of the Company, this NSR is subject to a buy-out of US$200,000 within a five-year period following the last payment. The property consists of seven patented claims, and Conquistador has located 39 additional claims covering the most critical areas of interest.



The mine is a former underground producer of complex nickel-copper-platinum-palladium ore from a pyroxenitic dike of Precambrian age and adjacent gneisses of slightly older age. To date, the metals that are reported for the mine include platinum, palladium, rhodium, gallium, gold, silver, nickel, cobalt, and copper. Between 1900 and 1919, the average grade of the production ore was 2.55% copper, 3.29% nickel, and 0.183 ounces per ton (opt) platinum. No palladium was reported, and minor cobalt at an average of 0.06% per tonne was produced. The mine was developed to a depth of 312 feet but is now flooded. It consisted of 6 levels.



In 1927, the mine was evaluated and ore left in the mine was assayed and tested metallurgically by a consulting engineer. Sampling a portion of the ore zone at the 75 ft level, the coarse ore assayed 2.72% Nickel, 1.05% Cobalt, 1.07% Copper, 0.22 opt Palladium, 0.22opt Platinum, and 0.48 opt Silver. A 14 ft channel across a 22 ft wide portion of the same ore zone at the 75 ft. level assayed 0.69% Nickel, 0.23% Cobalt, 2.49% Copper, 0.18 opt Palladium, 0.22 opt Platinum, 0.22 opt Silver and 0.02 opt Gold.



Underground and surface "reserves" (herein considered indicated resources) have been calculated for the mine at various times in its history. The latest resources which do not include previously mined out material, were calculated from a limited drill hole program with 16 shallow core holes, 50 ft on center, and 4 surface channel samples in 1984. The holes and channel yielded an average width of 30 feet (9.15 meters). The polygonal analyses from these yielded a tonnage of 226,600 tons at a weighted average grade for contained metals of 1.5% copper, 1.09% Nickel, 0.037% Cobalt, 0.062 opt Platinum, 0.068 opt Palladium, 0.011 opt Gold, and 0.34 opt Silver. The tonnage includes 22,000 tons of surface stockpiles. The system is open at depth and along strike. Based on prior resource and pre-feasibility reports, the tonnage can be partially mined using open cast mining methods. At the surface, the system is up to 100 feet wide, and a small open pit had been previously developed with some stockpiles developed.



An independent consultant conducted initial reconnaissance sampling for the Company in areas in the open pit, which yielded the following:



Sample # (Width in meters)
Ni%
Cu%
Pt + Pd (opt)
Ag (opt)
Au (opt)

JM-1 (2.5 m)
2.10
1.74
0.149
0.216
0.019

JM-2 (1.9 m)
0.72
2.51
0.099
0.456
0.046

JM-3 (2.3 m)
2.42
4.65
0.109
0.093
0.014



Additionally, his reconnaissance investigation of a large area surrounding the mine established the presence of a great number of structurally controlled dike and sill-like bodies of pyroxenite with strikes generally northeast but dip to the southeast and northwest. Based on older literature, most of these bodies were reported to contain PGE’s, nickel, and copper. The consultant also found that significant geophysical data were compiled by previous companies but not optimally utilized.



The Company has two goals for this property. Because of the large number of PGE bearing pyroxenitic dikes and sills, our initial goal is to target the intersection and convergence zones of these using detailed structural geologic mapping in concert with geophysical exploration, much of which is available as part of the database for this property. This phase will be followed by a core, or reverse-circulation-drilling program to establish the overall potential for a large-tonnage PGE-nickel system. Based on our knowledge of the dike and sill system to date, the convergence zones are highly prospective and were not considered by previous exploration attempts. We believe that the system has geological, mineralogical and metal distribution attributes similar to that of Noril’sk-Talnakh in Siberia. At Talnakh the main system is being exploited at depths between 300 and 500 meters below the surface. Our initial evaluation of the convergence systems made up of dike-dike and dike-sill intersections indicate similar depths will be required for our drilling program.



An additional goal is to continue step-out drilling from the known PGE-nickel-cobalt-copper resource to establish its limits and thereby significantly expand the resource base for near-term open pit and underground mining on the property. Our independent consultant has reported that " The area has reasonable potential to develop several lenses of ore with probable grades of 2% copper, 2% nickel, 0.15 ounces per ton platinum, and 0.3 ounces per ton palladium … Each lens could produce approximately 300,000 to 1,000,000 tons of ore, based on the size of the (drilled) mineralized area at the mine." The ultimate size of these near surface lenses will be tested by our step out drilling program.



We will also be defining the overall potential for cobalt, which locally attains high grades and rhodium and gallium which have been reported but whose concentrations have not been defined by sampling and assay work in the past.





In 1998, Conquistador also began exploration for Platinum Group Elements (PGE’s) to augment its gold exploration in Colombia. We have now expanded this exploration to North America where we are negotiating for properties with known resources of PGE’s. The Company is presently in discussions with several interested parties in order to prepare and commence an exploration program on this, as well as other PGE properties we either hold or for which we have a license pending. However, any program will be subject to the Company’s successful completion of its current funding efforts. This program represents a strategic augmentation in precious metal exploration programs into an area where the underlying commodities, PGE’s, continue to show strength.













On Behalf of the Board of Directors







May 25, 1999

________________________________

Raul J. Madrid, CEO/Chairman

THE VANCOUVER STOCK EXCHANGE HAS NEITHER APPROVED NOR DISAPPROVED OF THIS NEWS RELEASE. and

CDNX Pastes:
see, all LOT has happened since the time you talked:
conquistador.net
cdnx.ca
Bulletins are available for companies which are currently listed on the CDNX.

CONQUISTADOR MINES LTD. ("CMG")
NOTICE TYPE: Property-Asset Acquisition
NOTICE DATE: October 1, 1999

The Vancouver Stock Exchange ('Exchange') has accepted for filing, documentation pertaining to an Option Agreement ('Option') dated August 23, 1999, whereby the Company can acquire from Nevada Nickel and Copper Company ('Vendor'), a 100% interest in 7 patented mineral claims located in Clark County, Nevada. Consideration consists of cash payments over a 4 year period totaling US$305,000 of which US$55,000 is payable in the first year. The Vendor retains a 2% net smelter return royalty that may be purchased by the Company for US$200,000 within 5 years following the exercise of the Option, subject to Exchange acceptance

and
cdnx.ca
CONQUISTADOR MINES LTD. ("CMG")
NOTICE TYPE: Property-Asset Acquisition
NOTICE DATE: October 21, 1999

The Vancouver Stock Exchange has accepted for filing a letter agreement dated August 30, 1999 between Conquistador Mines Ltd. ('Conquistador') and Bargo Energy Co. pursuant to which Conquistador has been granted an option to purchase a 100% interest in eight mining claims known as the Copper Key #1-5, Great Eastern #1 and B727, located in Clark County, Nevada. Consideration for the option is US$2,500 and to exercise the option Conquistador is required to pay US$152,500 and pay all annual government payments due on the properties while the Option is in effect. Conquistador does have the option to make additional payments to extend the Option Period, being US$7,500 in the first three months, US$10,000 within 6 months, US$15,000 within 12 months, US$25,000 within 18 months, US$45,000 within 24 months and US$50,000 within 30 months. Any of these payments will be considered additional payments.

and:
cdnx.ca

and:
cdnx.ca

CONQUISTADOR MINES LTD. ("CMG")
NOTICE TYPE: Halt
NOTICE DATE: November 17, 1999

Effective at 9:53 a.m. local time, November 17, 1999, trading in the shares of the Company was halted at the request of the Company, pending an announcement.

CONQUISTADOR MINES LTD. ("CMG")
NOTICE TYPE: Resume Trading
NOTICE DATE: November 19, 1999

Effective at 9:30 a.m., local time, November 19, 1999, trading in the shares of the Company was resumed, an announcement having been made over ISDN.
________________________________________

and:

cdnx.ca

CONQUISTADOR MINES LTD. ("CMG")
BULLETIN TYPE: Property-Asset Disposition
BULLETIN DATE: February 8, 2000

CDNX has accepted for filing an option agreement dated November 5, 1999, whereby AngloGold South America Ltd. may acquire up to a 50% interest in the Colombian properties of Conquistador Mines Ltd. exclusive of the Marmato project, by funding US$2,500,000 on the properties within 5 years. AngloGold must fund US$250,000 within the initial 6 month period, US$500,000 within the subsequent 12 month period, and the remaining US$1,750,000 within the following 42 months.

ChucaOLD is NEW

RE Hi to you also:
""..Hi Chucka,

Hopefully you got in at a time when the news gets a little better for the company. They have some interesting projects, but not much money to do much work on them.

..""
A Quarter Million is nice for CMG folks to know...and I like the area. They are there.
My Public Page at WEBS:
Your public Community page: community.webshots.com
I am iun the Picture at our Valley at Key West mine that CMG surround on 3 sides, us on one with others, Not the MAP, Trend Mining is in Section 31 at least.