| | Publié le 05 avril 2012 | Drills 52.7M @ 4.64G=2FT Au At Bau |
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TSX:OYM ASX:OYM OTCQX:OLYMF FSX:OP6 |
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OLYMPUS DRILLS 52.7m @ 4.64g/t Au AT BAU
HIGHLIGHTS:
- In-fill and, step-out drilling at Bau Central continues to upgrade the resource category and expand the prospective open-pit resource. Results received since the previous announcement dated February 1, 2012 include:
JUDDH-32: 41.00m @ 1.79 g/t Au (including 2.00m @ 5.24 g/t Au and 5.00m @ 5.24 g/t Au). JUDDH-35: 34.00m @ 3.01 g/t Au. JUDDH-40: 62.00m @ 2.02 g/t Au (including 15.00m @ 3.65 g/t Au). JUDDH-44: 52.70m @ 4.64 g/t Au (including 21.00m @ 6.80 g/t Au and 4.00m @ 11.97 g/t Au). JUDDH-45: 39.50m @ 1.91 g/t Au (including 18.50m @ 3.39 g/t Au). JUDDH-48: 29.30m @ 2.94 g/t Au (including 3.00m @ 10.05 g/t Au).
- A new NI 43-101/JORC resource estimate for Bau, East Malaysia contains 17,058,000 tonnes at 1.67 g/t Au, containing 913,500 ounces of gold (measured and indicated), plus 50,062,000 tonnes at 1.31 g/t Au, containing 2,108,100 ounces of gold (inferred) (See Olympus Press Release dated March 4, 2012). Resource definition drilling is ongoing.
- Definitive metallurgical studies are in progress for substantive completion in May.
- Mine feasibility studies are on schedule for completion by year-end 2012.
- Continuing geological and geophysical studies reveal significant additional potential in Jugan deposit extensions, as well as elsewhere within the Bau Central Gold Trend.
Toronto, April 2, 2012 - Olympus Pacific Minerals Inc. Chief Executive Officer, John Seton, is pleased to announce continuing exploration success and progress with mining feasibility studies in the Jugan Sector of the Company's Bau Central property in Sarawak, East Malaysia. John Seton, said: "Drilling at Bau Central of the Bau Gold Trend continues to return highly encouraging results and mining feasibility is becoming increasingly certain. The recent resource estimate announcement at Bau Central reflects growing confidence in Olympus' ability to sequentially develop other deposits within the Bau Gold Trend. This enhances our belief that Bau has the potential to ultimately be ranked as one of Southeast Asia's important producing goldfields". Read Full Press Release �
OLYMPUS PACIFIC MINERALS INC. John A.G. Seton Chief Executive Officer For further information contact: James W. Hamilton, Vice-President, Investor Relations T: (416) 572-2525 or TF: 1-888-902-5522 F: (416) 572-4202 info@olympuspacific.comwww.olympuspacific.comThe material in this announcement that relates to Exploration Results and Mineral Resources is based on information compiled by or under the supervision of Mr R Murfitt, who is a member of the Australasian Institute of Mining and Metallurgy (AusIMM). Mr Murfitt has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and the the activity which he is undertaking to qualify as a Competent Person, as defined in the 2004 Edition of the "Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserve" (the JORC Code). Mr Murfitt is a fulltime employee of Olympus Pacific Minerals Inc. Mr Murfitt consents to the inclusion in this report of the Information, in the form and context in which it appears.
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Olympus FOFI Disclaimer
Certain of the statements made and information contained herein is "Forward-looking information" within the meaning of the Ontario Securities Act, including statements concerning our plans at our producing mines and exploration projects, which involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Forward-looking information is subject to a variety of risks and uncertainties that could cause actual events or results to differ from those reflected in the forward-looking information, including, without limitation, failure to establish estimated resources or to convert resources to mineable reserves; the grade and recovery of ore which is mined varying from estimates; capital and operating costs varying significantly from estimates; delays in obtaining or failure to obtain required governmental, environmental, or other project approvals; changes in national and local government legislation or regulations regarding environmental factors, royalties, taxation or foreign investment; political or economic instability; terrorism; inflation; changes in currency exchange rates; fluctuations in commodity prices; delays in the development of projects; shortage of personnel with the requisite knowledge and skills to design and execute exploration and development programs; difficulties in arranging contracts for drilling and other exploration and development services; dependency on equity market financings to fund programs and maintain and develop mineral properties; and risks associated with title to resource properties due to the difficulties of determining the validity of certain claims and other risks and uncertainties, including those described in each management�s discussion and analysis. In addition, forward-looking information is based on various assumptions including, without limitation, the expectations and beliefs of management; the assumed long-term price of gold; the availability of permits and surface rights; access to financing, equipment and labour and that the political environment in the jurisdictions within which the Company operates will continue to support the development of environmentally safe mining projects. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise. |
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TELL A FRIEND |
Données et statistiques pour les pays mentionnés : Canada | Tous Cours de l'or et de l'argent pour les pays mentionnés : Canada | Tous
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Olympus Pacific Minerals Inc.
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PRODUCTEUR |
CODE : OYM.TO |
ISIN : CA68162Q2027 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Olympus Pacific est une société de production minière d'or basée au Canada. Olympus Pacific est productrice d'or, d'argent, de plomb, de tungsten et de zinc au Viet Nam, et détient divers projets d'exploration aux Philippines et en Malaisie. Ses principaux projets en production sont BONG MIEU et PHUOC SON au Viet Nam et ses principaux projets en exploration sont TIEN THUAN, NA PAI et TIGER MOUNTAIN au Viet Nam, BAU MALAYSIA en Malaisie et CAPCAPO aux Philippines. Olympus Pacific est cotée au Canada, aux Etats-Unis D'Amerique, en Australie et en Allemagne. Sa capitalisation boursière aujourd'hui est 72,0 millions CA$ (66,5 millions US$, 48,0 millions €). La valeur de son action a atteint son plus haut niveau récent le 31 décembre 2007 à 1,20 CA$, et son plus bas niveau récent le 24 octobre 2008 à 0,04 CA$. Olympus Pacific possède 378 781 000 actions en circulation. |
Rapports annuels de Olympus Pacific Minerals Inc. |
Financements de Olympus Pacific Minerals Inc. |
Nominations de Olympus Pacific Minerals Inc. |
Projets de Olympus Pacific Minerals Inc. |
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Communiqués de Presse de Olympus Pacific Minerals Inc. |
08/11/2012 | is simplifying its capital structure. |
06/11/2012 | Proposes Amendments to Simplify Capital Structure |
20/09/2012 | Hits Higher Gold Grade at Jugan Hill, Bau, East Malaysia |
12/09/2012 | Milestone=3A Test Work Proves Metallurgical Viability At Jug... |
11/09/2012 | Happy with 90% =2D 98% Gold recovery rates at Jugan Hill |
05/09/2012 | FORMER FREEPORT=2DMcMORAN COPPER & GOLD VP EXCITED BY BAU GO... |
04/09/2012 | I Accept: Former Freeport-McMoRan Copper & Gold VP Excited b... |
01/08/2012 | s Second Quarter Gold Production and Changes Its Financial Y... |
23/05/2012 | =E2?? BAU GOLD PROJECT CONTINUES TO DELIVER POSITIVE DRILL R... |
22/05/2012 | ' Bau Gold Project Continues to Deliver Positive Drill Resul... |
05/04/2012 | Drills 52.7M @ 4.64G=2FT Au At Bau |
03/04/2012 | Drills 52.7m @ 4.64 g/t Au at Bau |
05/03/2012 | Expands Global Gold Resource to 4.53 Million Ounces |
15/02/2012 | Enhances Board Independence |
31/01/2012 | Confirms Mineralization Widths of Up to 78 Meters at Bau Cen... |
24/01/2012 | Completes an Additional Tranche of the Bau Acquisition and E... |
10/01/2012 | Exceeds Its 2011 Gold Production Target |
22/12/2011 | Receives Certificate of Merit for Its Social Economic Contri... |
05/12/2011 | Announces Progress at Bau Project and Draws Carlin Trend Ana... |
29/11/2011 | EXPECTS TO ACHIEVE ITS 2011 PRODUCTION TARGET |
28/11/2011 | Announces Normal Course Issuer Bid |
26/10/2011 | Featured In Australia=E2??s Paydirt - Gold Mining Journal |
11/10/2011 | Malaysia Bau Central Trench Results Confirm Outcrop Grades a... |
08/09/2011 | Commences Malaysian Goldfield Feasibility |
10/08/2011 | PUBLISHES FIRST EDITION COMPANY NEWSLETTER |
24/06/2011 | (Phuoc Son)Successfully Pours First Gold Dore at Phuoc Son |
06/06/2011 | ' CEO to Present at Euro Pacific Global Investment Conferenc... |
05/05/2011 | Announces Closing of Private Placement of CAD$15 Million of ... |
28/01/2011 | to Finalize In-Country Value Added Refining of Dor=C3=A9 |
26/03/2008 | Announces Management Reorganization |
07/03/2008 | to Commence Trading in the US on OTCBB |
04/02/2008 | Management Has Reorganized To Ensure Technical Success Over ... |
03/01/2008 | Information Now Available Through S&P Market Access Program |
03/01/2008 | 2008 Vancouver Resource Investment Conference |
18/12/2007 | Special Meeting Adjourned |
05/11/2007 | Event Announcement - San Francisco Hard Assets Investment C... |
02/10/2007 | Announces Strategic Exploration Plans |
21/09/2007 | Completes Due Diligence At Capcapo, N. Philippines |
13/09/2007 | The Denver Resource Expo |
07/09/2007 | Announces Exercise Of Over-Allotment Option Gross Proceeds O... |
27/08/2007 | Recent $25 Million Prospectus Offering Deposited In TD Bank.... |
10/08/2007 | $25,000,000 Prospectus Offering Closes |
08/08/2007 | $25,000,000 Prospectus Offering — Receipt Issued for A... |
02/08/2007 | $25 Million Prospectus Offering Amended Terms |
25/07/2007 | $25,000,000 Short Form Financing |
11/07/2007 | Repays US$2 Million Debt Facility With Macquarie Bank |
03/07/2007 | s' Announces Pricing of $25,000,000 Prospectus Offering |
27/06/2007 | Board Approves Shareholder Rights Plan |
04/05/2007 | Announces Board and Management Changes |
Publication de commentaires terminée |
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