Fermer X Les cookies sont necessaires au bon fonctionnement de 24hGold.com. En poursuivant votre navigation sur notre site, vous acceptez leur utilisation.
Pour en savoir plus sur les cookies...
AnglaisFrancais
Cours Or & Argent en

Bell Copper Corporation

Publié le 20 juin 2011

Advances La Balsa Feasibility Study and Van Dyke Programs for 2011

( 0 vote, 0/5 ) Imprimer l'article
  Article Commentaires Commenter Notation Suivre la société  
0
envoyer
0
commenter
Mots clés associés :   Copper | G Mexico |

Bell Copper Advances La Balsa Feasibility Study and Van Dyke Programs for 2011

Monday, June 20, 2011

Vancouver, B.C.: Bell Copper Corporation ("Bell Copper" or the "Company") (TSX-V Symbol: BCU) is pleased to announce its exploration and development plans for its La Balsa and Van Dyke projects for the balance of 2011, following the successful closing of its $4.5 million equity private placement.

La Balsa Project, Mexico: At the Company's wholly owned La Balsa project, work continues on the previously announced feasibility study for the mining of low strip-ratio, surface breccia copper resources. This work follows a March 2010 Scoping Study which projected annual production of 21 million pounds of copper per year over a seven year mine life, with cash costs of US $0.81/lb and all-in costs (including capital, and the use of the Company's previously purchased SX-EW processing plant) of $1.22/lb. As part of this study, a 2,000 metre in-fill drill program is commencing to provide further definition to the oxide/sulphide transition zones. Metallurgical testing is also in progress with an aim toward determining the optimal method for processing material within these transition zones.

Drilling to test for a buried copper porphyry under the surface breccias at La Balsa is in progress with the hole at 780 metres depth. The porphyry system is targeted at 800 metres depth, below a thrust fault which is believed to have laterally displaced the known, shallow, Cu-bearing breccia from the targeted underlying porphyry. At present, the hole is crossing through strongly faulted ground believed to be the thrust fault. To date, this hole has intersected low-grade chalcopyrite mineralization hosted in ankeritic carbonate veins and brecciated monzonite porphyry and sericitized andesitic pyroclastic rocks. The mineralization is interpreted to occupy a fault bounded lens of altered rock associated with the thrust zone.

Bell has identified a 12km2 magnetic feature on the La Balsa Project that is similar in dimensions to Arcelor-Mittal's nearby 290 million tonne Las Truchas iron mine, 20 km to the west of La Balsa. This area will be the target of a $250,000 exploration program consisting of a heli-mag survey followed by selective ground based surveys and drill testing of the best targets. High grade surface iron deposits (grading 66% in grab samples) have been identified to date on the eastern and western portions of the 51 km2 claim block, and small scale iron mining companies, under contract to Bell, have been direct shipping iron to China through the nearby port at Lazaro Cardenas. The company expects to generate approximately $600,000 for the year from the sale of iron.

Van Dyke Project, Arizona: The acquisition of the Van Dyke property is expected to close by August 2011. The vendor is in the final steps of consolidating the ownership of the property as required under the acquisition agreement with the Company.

Following the closing of the acquisition, the Company will immediately begin a program to validate the 1.3 billion pounds of historical resources (167 million tons grading 0.41% copper using a 0.1% cut-off grade) and produce a 43-101 compliant report. These resources are historical in nature, should not be relied upon and are cited here for geological purposes only. Work to upgrade these resources will include re-assaying selected intervals of the original core drilled by Occidental Minerals in the 1970's, along with confirmatory drilling within the deposit that could commence as early as October 2011.

While this confirmatory work is being undertaken, the Company will begin its permitting activities for the project as well as undertaking a Preliminary Economic Assessment (PEA) for recovering copper using in-situ leaching (ISL) methods. ISL has been successfully tested on this copper oxide deposit by Occidental Minerals, and the Town of Miami Arizona has already provided a letter of support for the Company's proposed development of the deposit. BHP already operates an ISL project in the Miami area, supporting Management's belief that this project can be permitted. ISL has been used extensively around the world for decades, and its advantages include lower capital and operating costs, no ore moved or tailings created, minimal visual disturbance, fewer permits versus other mining methods, and an ability to produce copper cathodes on site. Future production could include the use of the SX-EW processing plant which the Company already owns, or the use of other SX-EW plants that are currently in operation in proximity to the project. The PEA is expected to take approximately 6 months to complete.

Dr. Michael Werner, the Company's CEO, stated "In Management's opinion the La Balsa Project will allow Bell to move into the ranks of a Junior copper producer with near term growth coming from our acquisition of the Van Dyke deposit. We look forward to moving both of these projects ahead with the support of the Forbes and Manhattan Group of companies.

Corporate Update: The Company announces that the TSX-Venture Exchange has accepted for filing documentation with respect to the closing of its brokered private placement previously announced on May 11, 2011 and June 2, 2011. The Company has issued a total of 22,500,000 units ("Units") at a price of $0.20 per Unit. Each Unit consists of one common share and one share purchase warrant with each warrant entitling the holder to acquire one additional common share at a price of $0.35 per share for a period of 18 months from closing. The Company has paid a cash commission of $278,530 to the brokers, and has issued 1,989,500 brokers' warrants entitling the brokers to acquire one common share of the Company at a price of $0.20 per share for a period of 18 months from closing. There is a statutory hold period of 4 months plus 1 day, expiring September 7 (on 16,200,000 of the Units and 1,114,500 of the brokers' warrants) and September 26, 2011 (on 6,300,000 of the Units and 875,000 of the brokers' warrants) issued pursuant to this private placement.

Subsequent to the recent financing, and the previously announced board of directors and management additions, the Company will be moving its head office to Toronto into the offices of the Forbes and Manhattan Group of Companies effective July 1, 2011. With this transition, Gordon Fretwell has resigned as the Corporate Secretary and Matt Harding has been appointed the new Corporate Secretary. As part of these board and management changes, the Company has, subject to regulatory approval, granted 9,050,000 stock options to directors, officers and consultants of the Company. These options will be exercisable at $0.20 per share for a period of five (5) years from the date of granting.

For the purposes of this news release, the Qualified Person is Timothy Marsh, Ph.D., P.Eng., the Company's President.

About Bell Copper

Bell Copper is a public company with a focus on copper exploration, development and production in North America. The Company has an extensive portfolio of exploration and development projects located in some of North America's premier copper producing regions including Mexico and the Southwestern US.

More information on Bell Copper: www.bellcopper.net

On behalf of the Board of Directors of
Bell Copper Corporation


"Michael Werner"

Michael Werner, CEO & Director

For further information, contact:

Bell Copper Corporation

Sarah Stephanson
Executive Assistant
Tel.: (604) 669-1484
info@bellcopper.net
www.bellcopper.net

Renmark Financial Communications Inc.

Christine Stewart:
cstewart@renmarkfinancial.com
Tel.: (514) 939-3989 or (416) 644-2020
www.renmarkfinancial.com

"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."

You can also view this News Release on our website at:
http://www.bellcopper.net/s/News_Releases.asp?ReportID=463167

Bell Copper Corporation

EN DÉVELOPPEMENT
CODE : BCU.V
ISIN : CA0778862080
Suivi et investissement
Add to watch list Add to your portfolio Add or edit a note
Ajouter une alerte Ajouter aux Watchlists Ajouter au portefeuille Ajouter une note
ProfilIndicateurs
de Marché
VALEUR :
Projets & res.
Communiqués
de Presse
Rapport
annuel
RISQUE :
Profile actifs
Contactez la cie

Bell Copper est une société d’exploration minière de cuivre basée au Canada.

Bell Copper est en développement de projets de cuivre et d'or au Mexique, et détient divers projets d'exploration au Canada et au Mexique.

Son principal projet en développement est LA BALSA au Mexique et ses principaux projets en exploration sont SOMBRERO BUTTE, KABBA et LEDUC au Canada et SILVER BELL et COPPER SPRINGS (BELLCOPPER) au Mexique.

Bell Copper est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 3,1 millions CA$ (2,3 millions US$, 2,1 millions €).

La valeur de son action a atteint son plus haut niveau récent le 13 avril 2006 à 6,20 CA$, et son plus bas niveau récent le 06 mars 2015 à 0,01 CA$.

Bell Copper possède 41 410 000 actions en circulation.

Votre avis nous interesse, merci de laisser un commentaire ou de noter cet article.
Evaluer : Note moyenne :0 (0 vote) Voir les mieux notés
 
Rapports annuels de Bell Copper Corporation
Annual Report 2007
Financements de Bell Copper Corporation
29/03/2012Announces Amendments to Private Placement Financing
03/06/2011Closes Balance of $4.5 Million Financing
12/05/2011Closes First Tranche of Financing
27/04/2011Increases Financing to $4 Million and Announces Board and Ma...
17/06/2010Shares Issued to Macquarie, Expiration & Exercise of Share P...
17/05/2010Non-Brokered Private Placement
10/03/2010Closing of Private Placement
21/01/2010Non-brokered Private Placement Increase
30/11/2009Non-Brokered Private Placements
02/11/2009Closing of Private Placement and Warrant Amendment
29/10/2009Non-Brokered Private Placement
13/08/2009Private Placement Closed and Warrant Amendment Approved
11/08/2009Private Placement Increased
29/07/2009Non-Brokered Private Placement
10/03/2009Non-Brokered Private Placement
17/12/2008Kabba Project Drilling - Increased Private Placement
11/12/2008Non-Brokered Convertible Debenture Private Placement
03/11/2008Non Brokered Private Placement
25/09/2008Second Tranche Closing of Private Placement
08/09/2008First Tranche Closing of Private Placement
07/08/2008Non-Brokered Private Placement Terms Amended
09/07/2008Non Brokered Private Placement
18/04/2008Brokered Private Placement Of Units
Nominations de Bell Copper Corporation
29/02/2012Announces Changes to Board of Directors
07/10/2011Announces Appointment of New Corporate Secretary
08/05/2007Appointment to the Board & Exercising of Warrants
Projets de Bell Copper Corporation
07/08/2013(La Balsa)Completes Sale of the La Balsa Project & SXEW Plant - Procee...
09/07/2013(La Balsa)Agreement to Sell the La Balsa Project & SXEW Plant Proceeds...
10/09/2012(Sombrero Butte)Amends Purchase Agreement with Copper Fox Metals and Complet...
12/04/2012(Kabba)Options 60% Interest in Kabba Project to AKA Ventures
21/03/2012(La Balsa)Provides Update on its La Balsa Project
12/03/2012to Complete Van Dyke Acquisition
01/09/2011(Kabba)Intersects Significant Base Metal Mineralization in Kabba Po...
30/06/2010(La Balsa)Drilling Update
18/05/2010(La Balsa)Update
13/05/2010Sombrero 43-101 Technical Report
06/05/2010(La Balsa)Exploitation Agreement
04/05/2010(La Balsa)Drilling commences
11/02/2010(Kabba)Completes Drillhole K-8, Cores K-9
16/12/2009(Granduc Copper Mine)Begins Geophysical Survey of Granduc Mine
14/12/2009(Kabba)Begins Drillhole K-8 at Kabba Project
23/11/2009(Kabba)Kabba Drilling Update
06/11/2009(Kabba)Kabba Drilling Update
02/11/2009(Kabba)Kabba Phase II Drill Update:
07/07/2009(Kabba)Kabba Drilling Update
11/06/2009(Kabba)Kabba Drilling Re-Commences
10/03/2009(Kabba)Kabba Drilling Update
02/03/2009(Kabba)Kabba Drilling Commences
27/01/2009(Sombrero Butte)Mineral Exploration Roundup Core Shack 2009
13/01/2009(Sombrero Butte)Creek-Sombrero Option Agreement Amendment
24/06/2008(Kabba)Kabba Data Compilation Supports Large Porphyry Mo-Cu Target
17/03/2008(Fox River Mafic Belt)Drilling Begins at Fox River Project
06/02/2008Phase II Drilling Complete at Sombrero Butte in Arizona
28/01/2008(La Balsa) Reports La Balsa NI 43-101 Technical Report
04/07/2007(Fox River Mafic Belt)Fox River Exploration Update
24/05/2007More High Grade Copper from Arizona: Bell cuts 66 meters of ...
23/05/2007(Kabba)Drilling of Cu-Mo Porphyry Target Begins at Kabba Project
Communiqués de Presse de Bell Copper Corporation
17/09/2015Bell Issues Units, Shares For Debt And Announces Annual Meet...
25/03/2015Non-brokered Private Placement Financing
20/11/2013(Kabba)Kabba NI43-101 Report
24/09/2012Announces Management Changes/Advance Notice Policy
09/07/2012(Sombrero Butte)Signs Purchase Agreement with Copper Fox Metals in Respect o...
28/06/2012Announces Results of Annual and Special Meeting of Sharehold...
21/06/2012Provides Corporate Update
08/06/2012Announces Defaults Under Secured Term Credit Facility
31/05/2012Announces Proposed Share Consolidation
27/06/2011(Kabba)Commences Drilling a 3 km by 5 km Copper-Molybdenum Porphyry...
20/06/2011(La Balsa)Advances La Balsa Feasibility Study and Van Dyke Programs fo...
11/03/2011Announces $2,500,000 Brokered Private Placement Financing
19/08/2010La Balsa Iron Ore Exploitation Agreement
02/06/2010Drillhole K-9 Update
12/05/2010New Director Appointed
03/05/2010Shares Issued To Macquarie
29/04/2010Retains Renmark Financial Communications Inc.
09/04/2010Shares Issued to Macquarie
08/04/2010Van Dyke Copper Mine Purchase
06/04/2010Granduc Option Agreement
02/03/2010Shares Issued To Macquarie
04/02/2010Shares Issued to Macquarie
21/01/2010Management Addition
15/12/2009New Management
09/12/2009Acquisition of 100% Interest in Silver Leduc Mineral Claims
07/12/2009Proposes Spin-Off Transaction
05/11/2009Shares Issued To Macquarie
02/10/2009Shares Issued To Macquarie
02/09/2009Shares Issued to MacQuarie
13/08/2009Gryphon Summit Litigation
03/07/2009Shares Issued To Macquarie
04/03/2009Shares Issued To Macquarie
26/02/2009Debenture Financing Completed
06/02/2009Options
23/01/2009Extension of Macquarie Demand Debenture
17/12/2008Investor Relations
04/12/2008Strategic Plan
15/11/2008CFO, Brian Leeners provides update on Bell Copper's upcoming...
23/08/2008Disclosure Review
16/07/2008Options Interest in Arizona Project
14/07/2008Brian Leeners explains the significance of new breccia pipes...
08/07/2008Discovers Advanced Argillic Alteration in New Breccia Pipes ...
25/06/2008Executive Interview
12/04/2008Announces Final Court Hearing Date for Grandcru-Rogue River ...
08/04/2008 Grandcru Resources and Rogue River Resources Announce Propo...
03/04/2008 Retains Agoracom To Provide Investor Relations, Social Netw...
03/04/2008Exhibiting at the Calgary Resource Investment Conference
29/03/2008, Grandcru Resources And Rogue River Resources Receive Major...
28/02/2008Phase II Drilling Confirms More Copper at Sombrero Butte in ...
19/12/2007Options Outland Silver Bar Property to Glen Hawk Minerals Lt...
31/10/2007Continued Drilling at La Balsa Finds More Copper in New
30/10/2007 Phase II Drilling at Sombrero Butte Targets Suspected Under...
16/10/2007Begins Phase One Drilling Program at Gryphon Project
10/10/2007Provides Gryphon Summit Property Overview
25/09/2007Option Agreement With Golden Gryphon USA, Inc.
20/09/2007Reports La Balsa Project Drill Results of Rogue River Resour...
19/09/2007Drilling Begins at Mesa Well Project in Arizona
04/09/2007Grandcru Resources & Rogue River Resources to Complete Three...
15/08/2007 Continues to Expand Presence in Arizona With New Copper Pro...
08/08/2007Introduces New Porphyry Copper Project in Arizona
10/07/2007Extends Copper Mineralization at Sombrero Butte Project
05/07/2007Engages Barnes McInerney
Publication de commentaires terminée
 
Dernier commentaire publié pour cet article
Soyez le premier à donner votre avis
Ajouter votre commentaire
TSX-V (BCU.V)
0,075+0.00%
TSX-V
CA$ 0,075
26/04 15:33 -
0%
Cours préc. Ouverture
0,075 0,070
Bas haut
0,070 0,075
Année b/h Var. YTD
0,070 -  0,110 -25,00%
52 sem. b/h var. 52 sem.
0,070 -  0,190 -60,53%
Volume var. 1 mois
22 064 -16,67%
24hGold TrendPower© : -21
Produit
Développe Copper
Recherche Copper - Molybdenum
 
 
 
Analyse
Interactive chart Add to compare
Graphique
interactif
Imprimer Comparer Exporter
Dernière mise à jour le : 23/01/2010
Vous devez être connecté pour accéder au portefeuille (gratuit)
Top Newsreleases
LES PLUS LUS
Variation annuelle
DateVariationMaxiMini
2024-46,43%
20237,69%0,250,12
2022-18,75%0,730,11
2021-52,94%0,360,11
2020423,08%0,450,03
 
Graphique 5 ans
 
Graphique 3 mois
 
Graphique volume 3 mois
 
 
Nouvelles des Sociétés Minières
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
0,12 AU$-8,00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
7,70 AU$-0,65%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
2,20 AU$+0,00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
3,86 AU$+0,00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
0,12 CA$+4,55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
0,02 CA$+100,00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
12,26 US$+2,68%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
0,20 US$-12,28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
0,53 GBX-1,87%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
0,06 CA$+0,00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
2,64 CA$-1,86%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
1,84 CA$+0,00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
16,23 CA$+4,04%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
0,24 CA$+4,26%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
0,20 AU$+2,63%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
6,80 US$-2,86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
1,88 CA$+0,53%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
52,71 US$+0,19%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
8,66 CA$-0,35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
0,04 AU$+5,56%Trend Power :