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

Primary Metals Inc.

Publié le 16 mars 2007

Reports Progress on Argimela Tin Deposit

( 0 vote, 0/5 ) Imprimer l'article
  Article Commentaires Commenter Notation Suivre la société  
0
envoyer
0
commenter
Mots clés associés :   Lithium | Portugal |
======================================================================
Re: News Releases - Friday, March 16, 2007
Primary Metals Reports Progress on Argimela Tin Deposit
======================================================================

Primary Metals Inc. (TSXV: PMI) (the "Company" or "Primary") is pleased
to report progress regarding its Argimela tin deposit in eastern
Portugal. The Company holds a licence for Argimela where historical
exploration has demonstrated a large tonnage of low-grade tin
mineralisation (see News Release dated April 6, 2006). Records
indicate that the historical work assessed only the potential for oxide
tin in the form of cassiterite and no analysis for tin in the form of
sulphides was undertaken.

Recent work by the Company on samples of drill core from three holes
drilled by the Portuguese State Mine Department between 1976 and 1979
has confirmed that tin sulphide mineralisation in the form of stannite
does occur in the deposit together with the tin oxide cassiterite. Core
from three drill holes, which totalled 1,523 metres in length and
showed mineralization throughout, was examined and split for analysis.
So far, results available from 135 samples indicate that the total tin
content is about 30% higher than the oxide tin content. Further
analytical work is underway.

Analysis for oxide tin was undertaken at the Company's assay laboratory
at its Panasqueira mine in Portugal using standard wet chemical
techniques. In addition, the samples were assayed for total tin using
X-ray fluorescent spectroscopy at the Portuguese State Instituto
Nacional de Engenharia, Tecnologia e Inova��o ("INETI"). This technique
is semi-quantitative and therefore the results should only be
considered as indicative, serving to demonstrate the additional
potential for tin values in the deposit.

In addition, the lithium minerals ambligonite and triphylite have been
identified. The lithium content of the samples appears to be
significant and the economic potential for lithium in the deposit is
under review.

A historical (1979) estimate indicated a near-surface open pit resource
of 77.6 million tonnes grading 0.057% Sn (tin), including 18.4 million
tonnes with a grade of 0.084% Sn based on old mine workings and drill
holes. This estimate pre-dates NI 43-101 and is considered historical
in nature (see News Release dated April 6, 2006). The London Metal
Exchange daily official price for tin is currently around US$13,650 per
tonne. Any improvement in tin content, resulting from previously
unreported stannite values and potential lithium values, could
significantly improve the economics of the deposit.

The Argimela tin deposit exists in schists with mineralization in
several sub-vertical quartz veins, varying in width from five to 30
centimetres, with a one-metre frequency and abundant veinlets and
stockwork. Past drill holes show that this frequency of veins continues
to depth. The historical estimates noted previously include material
from surface to an average depth of 155 metres below surface. There are
historical indications that mineralization continues to greater depths.

Analytical work is continuing on available core samples and a
preliminary core drilling programme of 560 metres is underway. The
Company will also continue to assess the metallurgical aspects and the
economic potential of the Argimela tin deposit and is currently
considering possible options with respect to potential joint ventures.

About Primary Metals
Primary Metals Inc. is a TSX Venture Exchange listed company which owns
100% interest in the Panasqueira tungsten mine in Portugal, currently
producing wolframite concentrates containing some 100,000 MTU's of
tungsten trioxide per annum (1 MTU = 1 metric tonne unit or 10
kilograms). The mine has operated almost continuously for 110 years.
Further information may be found on the Company's website at
www.primarymetals.ca and on SEDAR at www.sedar.com


On Behalf of the Board of Directors,

"James Robertson"
______________________
James Robertson, P. Eng., Director

For further information contact:
Vancouver Office:
James Robertson
Phone: 604.669.8988
Email: info@primarymetals.ca
Website: www.primarymetals.ca

Investor Relations:
Jamie Mathers, Ascenta Capital Partners Inc.
Phone: 604.628.5800 extension 236
Toll free: 1.866.684.4209
Email: jamie@ascentacapital.com

The TSX Venture Exchange does not accept responsibility for the
adequacy or the accuracy of this release.

James Robertson, P. Eng., is a Qualified Person for Primary Metals Inc.
and has reviewed and approved the information contained in this
release. The historical resource estimates provided in this release are
presented in a report dated July 18, 1979 on the Argimela Tin Prospect
by Dan D. Greig for Essex Minerals Co., a subsidiary of United States
Steel Corporation utilizing extensive information dating back to the
1960's.

This News Release contains forward-looking statements respecting the
company's expectations as to the future price of tin, its planned work
program, and potential mineralization, resources and reserves. Such
statements are based on certain assumptions, including that recent
demand for tin will continue or increase without a corresponding
increase in alternate sources of supply, availability of capital,
equipment and personnel to carry out the planned work program and
accuracy within a reasonable range of reported historical exploration
results, and involve various risks and uncertainties, including global
economic factors, future commodity prices, lack of availability of
equipment or personnel, and results of exploration. There can be no
assurance that such statements will prove to be accurate and actual
results and future events could differ materially from those
anticipated in such statements. Other important factors that could
cause actual results to differ materially from the Company's
expectations are disclosed under the heading "Risk Factors" and
elsewhere in the Company's documents filed from time-to-time with
regulatory authorities and on www.sedar.com

======================================================================
Copyright (c) 2007 PRIMARY METALS INC. (PMI) All rights reserved. For
more information visit our website at http://www.primarymetalsinc.ca/
or send mailto:info@primarymetalsinc.ca
Message sent on Fri Mar 16, 2007 at 11:38:49 AM Pacific Time
======================================================================

.
Données et statistiques pour les pays mentionnés : Portugal | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Portugal | Tous

Primary Metals Inc.

PRODUCTEUR
CODE : PMI.V
ISIN : CA74157B1053
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

Primary Metals est une société de production minière basée au Canada.

Primary Metals est productrice de tungsten au Portugal.

Son principal projet en production est PANASQUEIRA au Portugal.

Primary Metals est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 201,5 millions CA$ (200,4 millions US$, 139,9 millions €).

La valeur de son action a atteint son plus haut niveau récent le 05 octobre 2007 à 3,64 CA$, et son plus bas niveau récent le 17 juin 2016 à 0,01 CA$.

Primary Metals possède 55 820 000 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
 
Financements de Primary Metals Inc.
22/08/2013AndeanGold Announces $500=2C000 Non=2DBrokered Private Place...
Rapports Financiers de Primary Metals Inc.
02/08/2007Reports Year End Financial Results
Projets de Primary Metals Inc.
20/06/2014Petromanas provides further update on Molisht-1 drilling
19/09/2013AndeanGold Reports Positive Assay Results=2C Phase II Infill...
17/07/2013AndeanGold Announces Completion of Phase II Infill Drilling ...
30/03/2007Increased NI 43-101 Resource Estimates for Panasqueira Tungs...
Communiqués de Presse de Primary Metals Inc.
01/02/2016IIROC Trading Resumption - PMI
01/02/2016Petromanas announces sale of Albanian assets to Shell, propo...
01/02/2016IIROC Trading Halt - PMI
23/11/2015Petromanas provides operational update and announces filing ...
20/08/2015Petromanas Announces Filing of Q2 2015 Financial Results
06/08/2015Petromanas receives notification of successful bid on Block ...
09/07/2015Taxing Tobacco to Reduce Smoking
21/05/2015Petromanas Announces AGM Results and Filing of Q1 2015 Finan...
26/03/2015Petromanas provides operations update; Announces adoption of...
17/03/2015Albania vows to rescue privatization of state oil company
20/11/2014Petromanas announces filing of Q3 2014 financial results
12/11/2014Operational and Financial Highlights 3rd Quarter 2012
30/10/2014Petromanas provides update on European assets
08/10/2014Petromanas Energy Inc. Secures New Rig for 2015/16 Drilling ...
01/10/2013AndeanGold Ltd. AGM Results
17/08/2013AndeanGold Ltd.
01/04/2011Philippine Metals: Request for Information - R#: K0H.M41.B08...
03/10/2007Acquires Approximately 95% of the Common Shares of Primary M...
18/09/2007Resumes Tungsten Mine Operations
27/08/2007Announces that Sojitz Corporation Mails Offer to Shareholder...
04/08/2007Announces Board-Supported Cash Take-Over Bid by Sojitz Corpo...
27/07/2007New Mine Area at Panasqueira
25/07/2007Reports Gold Results at Quinta/Banjas Gold Property
18/07/2007Maintains Improvements at Panasqueira
11/07/2007Receives US$653,000 for Past Debt Settlement
13/06/2007Reports Improvements at Panasqueira Tungsten Mine
29/05/2007Announces Agreement to Terminate Revenue Sharing
07/05/2007Announces Wind Generation Project
03/05/2007Completes EUR 9.1 Million in Mine Improvements
16/03/2007Reports Progress on Argimela Tin Deposit
28/02/2007Reports Nine-Month Earnings
Publication de commentaires terminée
 
Dernier commentaire publié pour cet article
Soyez le premier à donner votre avis
Ajouter votre commentaire
TSX-V (PMI.V)Other OTC (PMIZF)
3,6103,70+0.00%
Dernières informations avant suppression de la cote
Cours préc. Ouverture
3,61 3,61
Bas haut
3,61 3,61
Année b/h Var. YTD
 -  -
52 sem. b/h var. 52 sem.
- -  3,61 243,81%
Volume var. 1 mois
0 243,81%
Produit Tungsten
Développe
Recherche
 
 
 
Analyse
Interactive chart Add to compare
Graphique
interactif
Imprimer Comparer Exporter
Vous devez être connecté pour accéder au portefeuille (gratuit)
Top Newsreleases
LES PLUS LUS
Variation annuelle
DateVariationMaxiMini
 
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$-8,00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
7,62 AU$-0,52%Trend Power :
OceanaGold(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
11,10 US$-3,31%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
0,20 US$-12,28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
0,71 GBX-1,39%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
0,05 CA$-9,09%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
2,52 CA$-4,55%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
1,84 CA$+0,00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
16,36 CA$-8,04%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
0,24 CA$+0,00%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
0,21 AU$-2,33%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
6,80 US$-2,86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
2,31 CA$-7,60%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
48,80 US$-1,95%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
8,66 CA$-0,35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
0,03 AU$-3,23%Trend Power :