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

Bezant Resources Plc.

Publié le 19 décembre 2007

Bucks market trend with bullish update

( 0 vote, 0/5 ) Imprimer l'article
  Article Commentaires Commenter Notation Suivre la société  
0
envoyer
0
commenter

 

Bezant Resources Plc
                          ('Bezant' or the 'Company')
                                       
            Large Copper Gold Porphyry intersection at the Company's
                      Mankayan Project in the Philippines

Highlights:

� Expansion of the known western extent of the copper and gold mineralisation.
� Over 630m of copper and gold porphyry intersected to date at drill hole
  BRC-50.
� Average Cu-equivalent values (CuEQ) of 0.52% over the entire 636m
  intersection.
� Over 100m of high grade intersections with an average 0.85% CuEQ.

Bezant Resources Plc (AIM: BZT), the AIM listed exploration and development
company with gold and copper assets in the Philippines and gold assets in
Tanzania, is pleased to announce the preliminary assay results for the first
diamond drill hole (BRC-50). This hole forms part of an ongoing 11,000m drilling
program at the Mankayan property, with the project site situated 260km north of
Manila in the Philippines.

BRC-50 is currently drilled to a depth of 981m and assay results have been
returned for a total of 636m of core for the interval 345m to 981m, with the
average assay results of the entire 636m of intersections as follows:

CuEQ              Cu (%)            Au (g/t)          Ag (g/t)
0.52              0.357             0.316             0.855

The drill size of BRC-50 is currently being reduced to allow for deeper drilling
in the order of 1,100m. There are currently two drill rigs operating at the
Mankayan property, with the second drill rig for hole BRC-51 situated on the
southern extent of the deposit currently at a depth of 920m.

The results have provided significant further delineation of the known copper
and gold mineralisation on the western side of the Mankayan porphyry.
Highlighted intersections shown below, comprise of over 100m of composite
intersections with average grades of 0.58% Cu; 0.5g/t Au; 1.55g/t Ag and a 0.85%
average CuEQ*.

Highlighted Intersections

From   To        CuEQ       Cu%       Au g/t       Ag g/t     Interval (m)
372    375       0.80       0.53      0.49         0.80       3
381    384       0.83       0.58      0.45         1.00       3
468    471       0.72       0.46      0.48         1.20       3
480    483       0.75       0.45      0.54         1.30       3
492    495       0.73       0.53      0.37         1.10       3
531    534       0.71       0.52      0.34         1.60       3
558    561       0.72       0.50      0.39         1.40       3
582    588       1.03       0.56      0.87         2.68       6
591    597       0.80       0.55      0.46         1.55       6
609    612       0.92       0.66      0.48         1.20       3
639    642       0.82       0.54      0.51         1.10       3
648    654       1.09       0.69      0.73         2.40       6
657    660       0.93       0.60      0.60         2.40       3
690    693       0.79       0.55      0.43         1.30       3
696    708       0.80       0.58      0.41         1.13       12
714    723       1.13       0.74      0.70         2.62       9
732    744       0.87       0.62      0.45         1.33       12
753    756       1.06       0.77      0.54         1.90       3
768    771       0.71       0.51      0.35         1.30       3
813    816       0.96       0.63      0.60         1.90       3
825    828       0.79       0.53      0.48         1.70       3
891    894       0.96       0.76      0.36         2.50       3
897    900       0.75       0.51      0.43         0.80       3
963    966       0.85       0.61      0.45         1.00       3
Total            0.85       0.58      0.50         1.55       105

At site, the diamond drill core is cut into halves using a diamond saw at the
Company's core handling facility within Mankayan.  Half of the core is retained
for future geological and metallurgical work, while the remaining half of the
core is sent to McPhar Laboratories in Manila for analysis.  At McPhar the core
is dried, crushed, pulverised and a combination of fire assay and atomic
absorption spectrophotometry (AAS) is utilised. McPhar is an ISO 9001 accredited
laboratory (www.mcphar.com.ph).

Clive Sinclair-Poulton, Chief Executive of Bezant, commented:
'We are delighted to have further defined the mineralisation extending to the
western side of the copper gold porphyry deposit. The prospects for 2008 look
very promising and I would like to take this opportunity to thank our
shareholders and employees for their continued support.'

*Copper equivalent values are estimated using long-term metal prices including:
Cu at USD$1.2 per pound and Au at USD$450 per ounce. CuEQ equals Cu per cent.
plus Au grams per tonne times 14.47 / (1.20 (x) 22.05). Metallurgical
recoveries are not considered and adjustment factors to account for differences
in relative metallurgical recoveries for gold and copper will depend upon the
completion of definitive metallurgical testing. It should also be noted that
silver values were not included in the CuEQ calculations.

Dr. Bernard Olivier has reviewed and approved the technical information
contained within this press release in his capacity as a competent person, as
required under the AIM rules. Dr. Olivier is a Member of the Australasian
Institute of Mining and Metallurgy.

For further information, please contact:

Clive Sinclair-Poulton, Chief Executive
Bezant Resources Plc
Email: clive@bezantresources.com
Tel: +353 (0) 85 739 2674

James Harris
Matthew Chandler
Strand Partners Limited
Tel: +44 (0) 20 7409 3494

Gary Middleton
St Swithins PR Limited
Email: gary@swithins.com
Tel: +44 (0) 7951 603 289

Notes for editors:

The Mineral and Production Sharing Agreement covers a total of 534 hectares in
the Guinaoang area of the Philippines (the 'Mankayan Project'). This is located
in the Mankayan-Lepanto mining district, an area of porphyry copper belts in
the Philippines and is similar to several deposits that have already been
developed, such as the St Thomas deposit near Baguio City. The site is adjacent
to the copper/gold mine owned and run by Lepanto Consolidated Mining Company.
The Mankayan-Lepanto area has been mined for centuries and is accessible by both
road and air. The Mankayan deposit was discovered in the early 1970's and since
then, has been extensively drilled with historically four programmes being
completed covering more than 45,000 metres of diamond drilling over 48 holes.
The historic resource estimate is in the order of 166.5 million tonnes at
approximately 0.52 per cent. Copper and 0.54 g/t of gold.



                      This information is provided by RNS
            The company news service from the London Stock Exchange

Bezant Resources Plc.

EXPLORATEUR
CODE : BZT.L
ISIN : GB00B1CKQD97
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

Bezant Resources est une société d’exploration minière d'or et de cuivre basée au Royaume-Uni.

Ses principaux projets en exploration sont MKURUMU en Tanzanie et MANKAYAN aux Philippines.

Bezant Resources est cotée au Royaume-Uni. Sa capitalisation boursière aujourd'hui est 14,9 millions GBX (17,3 millions US$, 16,3 millions €).

La valeur de son action a atteint son plus haut niveau récent le 09 novembre 2007 à 99,00 GBX, et son plus bas niveau récent le 23 avril 2024 à 0,02 GBX.

Bezant Resources possède 745 606 371 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 Bezant Resources Plc.
Plc - Annual Report
Rapports Financiers de Bezant Resources Plc.
30/03/2011Interim Results for the six months ended 31 December 2010
Projets de Bezant Resources Plc.
04/03/2011Bezant Resources Plc - New Presentation
25/02/2011Bezant Resources Plc - New Articles
25/01/2008(Mankayan)Increases Philippine project Southwards with latest drilling
Communiqués de Presse de Bezant Resources Plc.
16/12/2014Result of AGM
13/11/2014Final Results
07/11/2014Update re Mankayan Project
18/03/2013Plc - Notice of General Meeting and Return of Capital 18 Mar...
19/12/2007 Bucks market trend with bullish update
21/11/2007Bezant's Filipino neighbour sells 20% stake to Chinese for $...
06/11/2007Earns additional 23% in Tanzanian project
Publication de commentaires terminée
 
Dernier commentaire publié pour cet article
Soyez le premier à donner votre avis
Ajouter votre commentaire
LSE (BZT.L)
0,020+0.00%
LSE
GBX 0,020
23/04 16:54 -
0%
Cours préc. Ouverture
0,020 0,025
Bas haut
0,019 0,025
Année b/h Var. YTD
0,018 -  0,030 -%
52 sem. b/h var. 52 sem.
0,018 -  0,049 -63,64%
Volume var. 1 mois
31 600 656 -%
24hGold TrendPower© : 44
Produit
Développe
Recherche Copper - Gold
 
 
 
Analyse
Interactive chart Add to compare
Graphique
interactif
Imprimer Comparer Exporter
Dernière mise à jour le : 21/07/2010
Vous devez être connecté pour accéder au portefeuille (gratuit)
Top Newsreleases
LES PLUS LUS
Variation annuelle
DateVariationMaxiMini
2024-41,18%
2023-57,50%0,100,03
2022-46,67%0,220,06
2021-40,00%0,430,11
202025,00%0,340,05
 
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$-8,00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
7,75 AU$+0,52%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
11,11 US$+2,21%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
0,20 US$-12,28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
0,55 GBX-0,90%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
0,06 CA$-8,33%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
2,47 CA$+3,78%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
1,84 CA$+0,00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
15,25 CA$-3,42%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
0,24 CA$+0,00%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
0,19 AU$+0,00%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
6,80 US$-2,86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
1,79 CA$-3,76%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
52,57 US$+0,84%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
8,66 CA$-0,35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
0,04 AU$+0,00%Trend Power :