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

Ormonde Mining PLC

Publié le 06 décembre 2011

Hemscott News Alert - Ormonde Mining PLC

( 0 vote, 0/5 ) Imprimer l'article
  Article Commentaires Commenter Notation Suivre la société  
0
envoyer
0
commenter
Mots clés associés :   Copper | Ormonde  mining |
RNS Number : 3431T
Ormonde Mining PLC
06 December 2011
 

???

06 December 2011

 

Ormonde Mining plc

("Ormonde" or "the Company")

 

Expanded Drilling Campaign Commencing on Gold Joint Venture

 

The Board of Ormonde is pleased to report that following the recent positive gold intersection results from the initial drilling at the Zamora Gold Project in western Spain, an expanded drilling campaign has been agreed with our joint venture partner, Aurum Mining PLC ("Aurum Mining" or "Aurum"), and drilling has now commenced.

 

 

Key points:

 

?     The initial two holes drilled on the "Facho" structure returned significant gold mineralisation:

 

12 metres grading 3.4 grammes per tonne ("g/t") gold within an overall interval of 30 metres grading 1.6g/t gold (from 75m depth) and

10 metres grading 2.1g/t gold (from 102m depth)

?     A third hole, drilled on an unrelated structure, did not encounter any gold mineralisation.

?    Following analysis of these initial results the Joint Venture has agreed a new drilling campaign with the intention of testing and expanding the "Facho" structure.

?    This campaign will include ~2,000m of diamond drilling and it is anticipated that drilling will be complete and assays available during Q1 2012.

 

 

Kerr Anderson, Ormonde's Managing Director, said:

 

"Following the very positive initial drilling results at our Zamora Gold Project, which encountered significant gold intersections, we are pleased to have agreed an expanded drilling campaign with our joint venture partner Aurum Mining.  This drilling programme, funded by Aurum, has now commenced with the aim of more thoroughly testing and expanding the Facho gold structure."

 

 

Detail

 

On 11 March 2011, Ormonde entered into a joint venture with Aurum Mining whereby Aurum can earn a 60% interest in two permits in the Zamora Province and a 54% interest in a further two permits in the Salamanca Province (one of which is under application). The total permit area comprises 106 square kilometres and Aurum may earn its interest by spending ?500,000 on exploration activities over an 18 month period.  The initial drilling has been focused on the two permits in Zamora and comprised a three-hole programme, totalling 672m, with two holes drilled on the "Facho" structure and a further hole on the "LLago" structure.  Previous drilling by Ormonde at Facho had returned drillhole intervals including 23m grading 1.1g/t gold from 51 metres depth (including a high-grade interval of one metre grading 16.6g/t gold) and 9m grading 1.5 g/t gold from 56 metres depth.  Gold mineralisation is hosted in steeply-dipping structures characterised by quartz veining, silicification and alteration. 

 

The first two holes drilled by the Joint Venture on Facho intersected significant gold mineralisation in veined and altered granites, including 12 metres grading 3.4 g/t gold within an overall interval of 30 metres grading 1.6g/t gold and 10 metres grading 2.1g/t gold. A third hole drilled on an unrelated structure, some 1km away, did not encounter any gold mineralisation.

 

Based on analysis of these very encouraging drill results the Joint Venture has now agreed an expanded drilling campaign to more fully test and extend the Facho structure.  This campaign, which has just commenced, will include ~2,000m of diamond drilling, with assays expected to be available during Q1 2012.

 

 

Kerr Anderson PhD EurGeolPGeo, Managing Director of Ormonde Mining plc, and a qualified person as defined in the AIM Note for Mining, Oil and Gas Companies, June 2009, of the London Stock Exchange, has reviewed and approved the technical information contained in this announcement.

 

A glossary explaining technical terms contained in this announcement can be found at www.ormondemining.com/en/investors/technical_glossary.

 

For more information please visit www.ormondemining.com or follow Ormonde on:

Twitter https://twitter.com/ormondemining or

Linkedin http://www.linkedin.com/company/ormonde-mining-plc

 

 

Enquiries to:

 

Ormonde Mining plc

Kerr Anderson, Managing Director  Tel: +353 (0)1 8253570

 

Bankside Consultants

Simon Rothschild  Tel: +44 (0)20 7367 8888   Mob: +44 (0)7703 167065

 

Murray Consultants

Ed Micheau  Tel: +353 (0)1 4980300  Mob: +353 (0)86 803 7155

 

Davy (Nomad / ESM Adviser)

Eugen?e Mulhern / Roland French  Tel: +353 (0)1 6796363

 

Fairfax I.S. PLC (Joint Broker)

Ewan Leggat / Katy Birkin  Tel: +44 (0)207 598 5368

 

ENDS

 

 

About Ormonde

Ormonde Mining Plc is admitted to trading on the AIM market in London and the ESM market in Dublin. Ormonde is a mineral development and exploration company focused on Spain (Ticker: ORM).

 

Ormonde's key activities include:

 

The Barruecopardo Tungsten Project - Ormonde is developing a low cost mining operation at Barruecopardo to produce ~12% of non-Chinese annual global mine production from mid 2013.

 

The La Zarza Copper Project- a large "massive sulphide" deposit; exploration for an enlargement to the current copper resources is being funded through a joint venture Antofagasta Minerals.

 

Gold Exploration in several highly prospective areas of western Spain.

 

 

 


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

To unsubscribe from alerts, please visit Ormonde Mining PLC's website.

Ormonde Mining PLC

EN DÉVELOPPEMENT
CODE : ORM.L
ISIN : IE0006627891
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

Ormonde Mining est une société d’exploration minière de zinc et de plomb basée en Irlande.

Ormonde Mining est en développement de projets de zinc, de plomb, d'argent, de cuivre, d'or et de tungsten en Espagne, et détient divers projets d'exploration en Espagne.

Ses principaux projets en développement sont LA ZARZA et BARRUECOPARDO en Espagne et son principal projet en exploration est SALAMANCA & ZAMORA en Espagne.

Ormonde Mining est cotée au Royaume-Uni. Sa capitalisation boursière aujourd'hui est 375,6 millions GBX (449,4 millions US$, 393,7 millions €).

La valeur de son action a atteint son plus haut niveau récent le 10 septembre 2004 à 9,97 GBX, et son plus bas niveau récent le 13 mars 2020 à 0,42 GBX.

Ormonde Mining possède 472 507 482 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
 
Projets de Ormonde Mining PLC
16/03/2011(Salamanca & Zamora)Salamanca-Zamora Gold Exploration Update
02/03/2011(Barruecopardo)Barruecopardo Drilling Progress
27/05/2010(Barruecopardo)Doubling and major upgrade of tungsten Mineral Resource
27/10/2009(La Zarza)JV with Antofagasta on La Zarza
19/02/2010(La Zarza)Update on activities in Joint Venture with Antofagasta on La...
13/07/2009(La Zarza)Exploration deal with Major on La Zarza
15/07/2008(Barruecopardo)Issue of equity to fund Barruecopardo Tungsten Project
17/06/2008(Barruecopardo)New resource estimate trebles the size of the Barruecopardo ...
01/04/2008(Barruecopardo) Best drilling intersection to-date from the Barruecopardo T...
26/02/2008(Barruecopardo)Further drilling success at Salamanca Tungsten ProjectConten...
24/01/2008(Barruecopardo) Tungsten Resource & Preliminary Economic Evaluation
06/12/2007 Tungsten Drilling ResultsContent-class: urn:content-classes...
08/11/2007(La Zarza) Reports Thick zinc intersections from La Zarza drilling
27/09/2007Tungsten Drilling Results
07/08/2007Reports high grade gold drilling intercepts at its Salamanca...
10/05/2007reports high-grade tungsten in Salamanca drilling
02/05/2006(Salamanca & Zamora)extends new Salamanca gold zone to 2,5 km
Communiqués de Presse de Ormonde Mining PLC
16/09/2016Notification of Interest
28/06/2016Declaration of Urgent Occupation - Approved
28/06/2016Publication of Annual Report
17/06/2016Aurum Mining PLC - Convertible Loan and Trading Update
16/06/2016Final Results 2015
15/06/2016Barruecopardo Update
07/06/2016Barruecopardo Drilling Results
25/05/2016Drilling Update
15/04/2015Placing
24/03/2015Directorate Change
23/11/2014Barruecopardo - Granting of Mining Concession
10/04/2013Hemscott News Alert - Ormonde Mining PLC
22/02/2013Hemscott News Alert - Ormonde Mining PLC
04/02/2013Hemscott News Alert - Ormonde Mining PLC
23/01/2013Hemscott News Alert - Ormonde Mining PLC
09/11/2012Hemscott News Alert - Ormonde Mining PLC
15/10/2012Hemscott News Alert - Ormonde Mining PLC
17/09/2012Hemscott News Alert - Ormonde Mining PLC
04/07/2012Hemscott News Alert - Ormonde Mining PLC
06/06/2012Hemscott News Alert - Ormonde Mining PLC
28/03/2012Hemscott News Alert - Ormonde Mining PLC
12/03/2012Hemscott News Alert - Ormonde Mining PLC
28/02/2012Hemscott News Alert - Ormonde Mining PLC
13/02/2012Hemscott News Alert - Ormonde Mining PLC
06/12/2011Hemscott News Alert - Ormonde Mining PLC
29/09/2011Hemscott News Alert - Ormonde Mining PLC
16/05/2011Hemscott News Alert - Ormonde Mining PLC
14/04/2011Hemscott News Alert - Ormonde Mining PLC
30/06/2010Issue of Equity
12/04/2010Signs Option Agreement over Tharsis Project, Spain
28/09/2009Interim Results
20/07/2009Issue of Equity
26/05/2009Preliminary Results 2008
22/09/2008Interim Results
12/06/2008AGM operational update
13/05/2008Final results for the year ending 31 December 2007
12/05/2008 Related tungsten news
09/05/2008Ormonde Mining Announcement
16/04/2008 Steve Nicol joins Ormonde BoardContent-class: urn:content-c...
13/11/2007Multi-vein nature of Spanish tungsten project
01/11/2007 Wide gold intersection in Salamanca
12/07/2007Consolidates 100% interest in La Zarza Copper-Gold Project
04/07/2007Upgrades Barruecopardo Tungsten Prospec
16/05/2007Final Results for the year ended 31 December 2006
Publication de commentaires terminée
 
Dernier commentaire publié pour cet article
Soyez le premier à donner votre avis
Ajouter votre commentaire
LSE (ORM.L)
0,795+20.45%
LSE
GBX 0,795
05/10 11:00 0,140
20,45%
Cours préc. Ouverture
0,660 0,795
Bas haut
0,795 0,795
Année b/h Var. YTD
0,507 -  1,05 -11,67%
52 sem. b/h var. 52 sem.
0,507 -  1,05 -24,29%
Volume var. 1 mois
831 22,12%
24hGold TrendPower© : -15
Produit
Développe Copper - Gold - Lead - Silver - Tungsten - Zinc
Recherche Gold
 
 
 
Analyse
Interactive chart Add to compare
Graphique
interactif
Imprimer Comparer Exporter
Dernière mise à jour le : 07/06/2010
Vous devez être connecté pour accéder au portefeuille (gratuit)
Top Newsreleases
LES PLUS LUS
Variation annuelle
DateVariationMaxiMini
2022-18,88%
2021-44,00%3,400,90
2020-32,69%2,740,42
2019-48,00%5,301,71
2018134,74%6,261,90
 
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$-8,00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
7,47 AU$-4,60%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
3,79 US$-3,81%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
0,20 US$-12,28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
0,60 GBX+2,39%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
0,10 CA$+0,00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
2,45 CA$+0,00%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
1,84 CA$+0,00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
7,10 CA$-1,25%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
0,27 CA$+1,89%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
0,30 AU$-14,29%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
6,80 US$-2,86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
2,39 CA$+0,42%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
70,69 US$+2,35%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 :