Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: John McCarthy who wrote (92803)	9/24/2007 7:54:34 AM
From: John McCarthy	Respond to of 312482

LC mentioned this one as a new gold producer NORTH AFRICAN GOLD Centamin Egypt's Sukari gold project's resource exceeds 10 million ounces While the major issue for Centamin Egypt is to commission its Sukari gold project near the Red Sea in Egypt ongoing exploration - particularly into the desert floor under this gold-rich mountain - is lifting both the resource and the grade of the project. Author: Ross Louthean Posted: Monday , 24 Sep 2007 PERTH - Recent exploration has taken the resource inventory for the Sukari gold project for Centamin Egypt (TSX: CEE; ASX: CNT; AIM: CEY) in Egypt to 10.45 million ounces, a lift of 666,000 oz on the assessment made back in August. Centamin said the resource now stands at 212.83 million tonnes grading 1.53 grams/tonne and that includes 2.6 M oz in the measured catergory. The cut-off grade for the resource is 0.5 g/t. The initial focus for mining is on the Amun Zone which takes in the lower reaches of the prominent mountain, inland from the tourist city of Marsa Alam. Latest drilling has expanded the scope of the high grade Hapi Zone which has accounted for 80% of the resource upgrade. Latest drill holes included 105 metres at 4.1 g/t gold from 380m depth, 17m @ 12.45 g/t from 500m (including 2m @ 76.35 g/t); and 23m from 279m @ 6.23 g/t gold. Early this year Western Australian-based Centamin listed on the Toronto Stock Exchange and, in doing so, raised about $C140 million that dramatically lowered the debt-to-equity ratio for the project. Sukari must now be one of the largest, if not the largest, undeveloped gold projects in the world which is set for commissioning late next year Sterilisation drilling at Sukari was virtually completed in the June quarter, with a prime focus being to select a site to place the now dismantled gold plant from the Koro Kollo mine in Bolivia that Centamin purchased from Newmont Mining Corporation, to ship to Egypt. Centamin's bankable feasibility and reports to Egypt' Mineral Resources Authority are based on a first mining phase at Amun which now has resources that are more than adequate for a nine years mining life on that sector alone at +200,000 ounces per annum at a milling rate of 4 Mt tonnes. The first full year, calendar 2009, could see 200,000 oz produced and the ramp up period of 2008's final quarter may produce about 40,000 oz. Sukari has had at least three mining phases - vein gold mining in the Pharaonic age, then by the Romans and by an English company in the 1940s. - but all were doing little more than scratching the surface compared to what is planned. QUALIFICATION: A member of the writer's family holds Centamin Egypt shares. mineweb.net

To: John McCarthy who wrote (92803)	9/24/2007 9:26:16 AM
From: koan	Read Replies (1) \| Respond to of 312482

Good job John, thanks!

To: John McCarthy who wrote (92803)	9/24/2007 10:09:22 AM
From: ogi	Respond to of 312482

Add Dynasty Mining, soon to be in production with a second mine shortly after that, average grade around 12 g/t. Permits in place...the place Ecuador. dynastymining.com Cheers, Ogi

To: John McCarthy who wrote (92803)	9/24/2007 1:48:24 PM
From: walter64226	Respond to of 312482

Hi near term producers cra.to Crescent Gold Australia starts Production 2008 ng.to Nova Gold Dietmar

To: John McCarthy who wrote (92803)	9/24/2007 5:52:35 PM
From: John McCarthy	Read Replies (1) \| Respond to of 312482

New Gold Producers ... Defined as - (Oct 07 - Dec 08) Listed in the order they were posted .... Western Goldfields WGI.TO westerngoldfields.com Slan (Tom) Western Goldfields goes to full production by Jan 1 2008. Even though they have continued to pull small amounts of gold, 1000-2000 ounces per year from existing ore on leach pad, I would consider the ramp up to 165,000 ounces per year new production. Long WGDFF/WGI and I am thinking a double from here by end of 1st quarter in 2008! Alexis Minerals AMT.TO alexisminerals.com poco Amc.to is going to start producing in Jan 2008 it is still drilling to find more reserves, they don't have a huge amount yet but they are hoping for a million ounces in the future Minefinders Corporation LTD. MFL.to minefinders.com dara MFL.to and EPM.to both have stated production to start Oct 07. rnsmth Minefinders to start production this year - supposed to reach commercial production in early 2008 - MFN on US exchange, not sure what it is in Canada It is my largest PM position as of Friday. EOM EUROPEAN MINERALS EPM.to europeanminerals.com dara MFL.to and EPM.to both have stated production to start Oct 07. Metallica Resources MRB metal-res.com Koan Metallica (MR): John-gold silver with great wts deep in the money will have completed loading three leach pads with each pad loaded with 50,000 oz of gold and 2 million oz of silver by years end. METANOR RESOURCES MTO.V metanor.ca LC Add MTO.V to the list of near term Au producers. CENTAMIN CEE.TO centamin.com LC Aiming to start production on their Egyptian property Q3 2008. Currently P&P = 3.7M oz, Measured = 2.6M oz, Indicated = 4.2M oz, Inferred = 3.6M oz with 9 drills going 24/7. Semafo SMF.TO semafo.com chip Semafo Mana Mine Construction Update ca.news.finance.yahoo.com. New Guinea Gold NGG.V newguineagold.ca chip New Guinea Gold Corporation: Sinivit Mine Update ca.news.finance.yahoo.com. Dynasty Mining DMM.TO dynastymining.com Ogi Add Dynasty Mining, soon to be in production with a second mine shortly after that, average grade around 12 g/t. Permits in place...the place Ecuador. Message 23908023 Anatolia Minerals Development Limited ANO.TO LC TORONTO, ONTARIO--(Marketwire - Sept. 24, 2007) - Anatolia Minerals Development Limited ("Anatolia" or the "Company") (TSX: ANO.TO) is pleased to announce Bayerische Hypo- und Vereinsbank AG, a member of UniCredit Group ("UniCredit"), has been mandated to act as lead arranger and underwriter for a US$50 million senior project debt facility (the "Facility") to help fund development of the Copler Gold Project ("Copler"). The Facility is subject to documentation, further due diligence, final credit approval and a series of conditions precedent prior to drawdown. The Facility does not include any hedging requirements. Subject to the preceding conditions, management expects funds will be available for drawdown in Q1 2008. The Company has sufficient working capital to fund development prior to the availability of the Facility. Richard C. Moores, President of Anatolia, stated: "We are very pleased to enter into this relationship with UniCredit. This Facility strengthens Anatolia's ability to develop Copler without restricting our aggressive exploration programs. We are now in a position to proceed with confidence and take advantage of new opportunities as they come. The quality of our Copler project and the strength of our balance sheet allowed us to achieve favorable terms, including no hedging requirement." UniCredit Group is the second largest bank in the Eurozone by market capitalization, taking into account the acquisition of Capitalia (pro forma). It has a regional presence in 17 CEE countries, including Turkey, where UniCredit is one of the leading banks after having combined Koc Bank and Yapi ve Kredi Bankasi. Bayerische Hypo- und Vereinsbank AG, now part of UniCredit Group, has been a leading financial institution in the mining and metals sector for 20 years - catering to the needs of its diverse and broad client base with highly experienced industry specialists and regional coverage. Anatolia currently has 82.9 million common shares issued and outstanding, 98.5 million fully diluted. Anatolia trades on the Toronto Stock Exchange as ANO. This news release may contain forward-looking statements in respect of various matters including upcoming work programs and events. The results or events predicted in these forward-looking statements may differ materially from actual results or events. Anatolia disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Message 23908220 Gold Resource GORO.ob goldresourcecorp.com Max Outstanding shares around 30 to 35 million. Will produce about 70K ozs. 1st year, ramping to 100K ozs. by 3rd year. Currently drilling to increase resource. Low cash cost of around $100/oz. Near surface ore, low cost. Will have very hefty earnings/share. In Mexico. Mostly gold, with silver. Small amount of base metals. Management owns 30% of shares. Once producing, will issue dividend. 1/3 earnings will go to dividend, 1/3 for taxes, 1/3 for growth/expansion. These guys sold US Gold to Rob McEwen. Very tight-fisted about issueing shares. Since they own 30% shares, will be very shareholder friendly. AMEX down the road, I'd guess they would wait until in production. Message 23908284 Crescent Gold Australia cra.to crescentgold.com walter starts Production 2008 ng.to Nova Gold Message 23908966 Notes: The intention of this list is to identify companies that are just going into gold production. I do NOT own any of the stocks listed above. I know Tom (Slan), LC, and Koan from various posts over the last two years. They are terrific people and very studious with respect to mining stocks in general. I also know dara and rnsmth because I lurk their posts. If you are new to gold mining - ask questions. There are easily 50 excellent posters amoung the various mining boards. regards, John