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

Teras Resources Inc.

Publié le 25 avril 2014

Teras Provides Corporate Update

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

Teras Provides Corporate Update

Calgary, AB / ACCESSWIRE / April 25, 2014 / Teras Resources Inc. ("Teras" or the "Company") (TRA.V): is providing its shareholders with corrections to its disclosure about mineral resources on its Cahuilla project. The company's press releases during 2013 and 2014 disclosed a quantity of gross contained gold ounces in indicated resources that exceeded the quantity in its technical report by approximately 20%. The company retracts the excess indicated class gold ounce quantity.

The company's press release dated November 30, 2012 and its annual MD&A dated November 30, 2013 added the inferred resource to the indicated resource contrary to NI 43-101.

The Company retracts the combined indicated and inferred quantities and restates its current resource as follow:

INDICATED AND INFERRED GOLD AND SILVER RESOURCES

All Indicated

Cutoff

oz Au/T

Tons

oz Au/T

oz Ag/T

oz Au

oz Ag

0.005

108,733,000

0.012

0.14

1,250,000

15,331,000

0.007

83,125,000

0.013

0.16

1,106,000

13,217,000

0.008

70,148,000

0.015

0.17

1,017,000

11,855,000

0.009

58,689,000

0.016

0.18

921,000

10,564,000

0.010

49,184,000

0.017

0.19

836,000

9,394,000

0.011

41,383,000

0.018

0.20

757,000

8,318,000

0.012

34,874,000

0.020

0.21

687,000

7,393,000

0.013

29,342,000

0.021

0.22

619,000

6,543,000

0.015

20,939,000

0.024

0.25

507,000

5,172,000

0.020

10,080,000

0.033

0.31

328,000

3,084,000

0.025

5,797,000

0.040

0.35

234,000

2,052,000

0.030

3,732,000

0.048

0.39

179,000

1,459,000

0.050

1,118,000

0.074

0.49

83,000

547,000

All Inferred

Cutoff

oz Au/T

Tons

oz Au/T

oz Ag/T

oz Au

oz Ag

0.005

21,685,000

0.008

0.08

180,000

1,691,000

0.007

13,147,000

0.010

0.09

134,000

1,183,000

0.008

9,733,000

0.011

0.10

110,000

954,000

0.009

6,753,000

0.013

0.10

86,000

689,000

0.010

4,975,000

0.014

0.10

71,000

512,000

0.011

3,848,000

0.015

0.10

59,000

400,000

0.012

2,914,000

0.017

0.11

49,000

306,000

0.013

2,374,000

0.018

0.10

42,000

235,000

0.015

1,562,000

0.021

0.09

32,000

137,000

0.020

606,000

0.026

0.08

16,000

48,000

0.025

230,000

0.035

0.08

8,000

18,000

0.030

118,000

0.042

0.09

5,000

11,000

0.050

15,000

0.067

0.13

1,000

2,000

Note that all grades are in Imperial units rather than metric or both as that is the current

format of report.

A PowerPoint presentation on the Teras website prior to April 4th, 2014 stated: Golden Jubilee - located in Granite County, Montana. Demonstrates historical high grade gold mineralization and made mention of a historical resource. This statement is not correct and is retracted and the reference removed from website. There is no NI 43-101 compliant resource at the Golden Jubilee. The company used a source report that does not comply with NI 43-101 standards.

Teras continues to focus on delivering shareholder value by developing its Cahuilla project in Imperial County, California. As of March 28th, 2014 the Company completed the planned 7 diamond core holes of its current angled drill program with respective depths of 500, 650, 600, 500, 600, 428 and 528 feet respectably. Core has been shipped and will continue to be shipped to Inspectorate Lab in Reno Nevada. The results of the drilling will be released once received.

About Teras

Teras is focused on developing its Cahuilla project located in Imperial County, California. The project encompasses an area of at least 3 km by 1.5 km and Teras believes that the Cahuilla project has the potential to develop into a mining operation consisting of altered and mineralized sedimentary and volcanic host rocks with numerous sheeted high-grade quartz veins. Teras filed a NI 43-101 compliant technical report with an indicated resource of 1.0 million ounces of gold and 11.9 million ounces of silver on its Cahuilla project (70 million tons at an average grade of 0.015 ounces per ton gold and 0.17 ounces per ton silver with a cut-off of 0.008 ounces per ton gold) and inferred class of 10 million tons grading 0.011 opt gold and 0.10 opt silver. Gold equivalent ounces are 1.2 million ounces in indicated class and 130,000 ounces in inferred class using a ratio of 55 silver ounces to 1 gold ounce.

Dale A Vitone P. Eng., registered with the Association of Professional Engineers of Ontario, Alberta and Northwest Territories and a director of Teras, is the Company's nominated qualified person responsible for monitoring the supervision and quality control of the programs completed on the Company's properties. Mr. Vitone has reviewed and verified the mining scientific and technical information contained in this news release.

For further project and corporate information, contact:

Teras Resources Inc.

Peter Leger, President

(403) 262-8411

(403) 852-0644

Email: pleger@teras.ca

Website: www.teras.ca

Neither the 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 of accuracy of this news release.

This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein are forward-looking information. Generally, forward-looking information may be identified by the use of forward-looking terminology such as "plans", "goals", " expects" or "does not expect", "proposed", "potential", "is expected", "budgets", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases, or by the use of words or phrases which state that certain actions, events or results may, could, would, or might occur or be achieved. In particular, this press release contains forward-looking information regarding the diamond drilling program being conducted by the Company and the timing of results of such program; the potential of the Company's Cahuilla project to develop into a mining operation; and the Company's goals for the Cahuilla project. This forward-looking information reflects the Company's current beliefs and is based on information currently available to the Company and on assumptions the Company believes are reasonable. These assumptions include, but are not limited to, the availability of third parties to conduct and evaluate the results of the diamond drilling program; the actual results of exploration projects and current exploration programs being equivalent to or better than estimated results in technical reports or prior exploration results; and future costs and expenses being based on historical costs and expenses, adjusted for inflation. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information. Such risks and other factors may include, but are not limited to: the early stage development of the Company and its projects; general business, economic, competitive, political and social uncertainties; commodity prices; the actual results of current exploration and development or operational activities; competition; changes in project parameters as plans continue to be refined; accidents and other risks inherent in the mining industry; lack of insurance; delay or failure to receive board or regulatory approvals; changes in legislation, including environmental legislation, affecting the Company; timing and availability of external financing on acceptable terms; conclusions of economic evaluations; and lack of qualified, skilled labour or loss of key individuals. A description of other assumptions used to develop such forward-looking information and a description of other risk factors that may cause actual results to differ materially from forward-looking information can be found in the Company's disclosure documents on the SEDAR website at www.sedar.com. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

Lire la suite de l'article sur finance.yahoo.com

Teras Resources Inc.

CODE : TRA.V
ISIN : CA8808411018
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

Teras Resources est une société développant des projet miniers d'or basée au Canada.

Teras Resources détient divers projets d'exploration en USA.

Ses principaux projets en exploration sont GOLDEN JUBILEE et CAHUILLA GOLD en USA.

Teras Resources est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 805 000 CA$ (643 640 US$, 614 611 €).

La valeur de son action a atteint son plus haut niveau récent le 16 mars 2012 à 1,80 CA$, et son plus bas niveau récent le 03 octobre 2023 à 0,01 CA$.

Teras Resources possède 161 000 000 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 Teras Resources Inc.
05/06/2013Announces Closing of Private Placement Financing
Nominations de Teras Resources Inc.
26/06/2013Announces the Appointment of Dr. William C. Bagby as Advisor...
26/06/2013Announces the Appointment of Dr. William C. Bagby as Advisor...
13/04/2011Appoints New Corporate Secretary and Grant of Options
Projets de Teras Resources Inc.
09/10/2013(Cahuilla Gold)Provides Drill Program Update and Expects Assay Results in t...
01/10/2013(Cahuilla Gold)Deep Diamond Drill Core From the Cahuilla Gold/Silver Projec...
17/09/2013(Cahuilla Gold)Achieves Excellent Progress With Its Current Core Drilling P...
28/08/2013(Cahuilla Gold)Initiates Mobilization of National Drilling to Continue Deve...
23/04/2013(Cahuilla Gold)Receives Positive Geochemical Sample Results at the Cahuilla...
27/09/2012(Cahuilla Gold)Receives Additional Assay Results From Its Cahuilla Gold/Sil...
01/03/2011(Cahuilla Gold)Receives Assay Results from Preliminary Core Program and Iss...
16/02/2011(Cahuilla Gold)Moves Forward to Earn in on the Cahuilla Gold Project and Is...
Communiqués de Presse de Teras Resources Inc.
23/07/2016Teras Announces Increase To And Closing Of Unit Private Plac...
06/07/2016Teras Announces $800,000 Private Placement To Advance The Ne...
05/05/2016Teras Appoints Mr. Kenneth Cunningham to its Board of Direct...
23/03/2016Teras Announces Resignation of Mr. Michael Padley as a Direc...
02/02/2016Teras Corrects New Announcement of February 2, 2016
02/02/2016Teras Announces $400,000 Private Placement
20/01/2016Teras Provides Corporate Update to Its Shareholders
03/07/2015Teras Receives Results From Core Drill Program
02/07/2015Teras Receives Results from Core Drill Program
14/04/2015Teras Completes its Drilling Program at Cahuilla and Recieve...
13/03/2015Teras Commences Core Drilling Program At Cahuilla
12/03/2015Teras Commences Core Drilling Program at Cahuilla
30/01/2015Teras Closes $1,425,940 Offering of Common Shares
30/01/2015Teras Closes $1,425,940 Offering of Common Shares
24/01/2015Teras Increases Financing to $1,425,000
22/01/2015Teras Increases Financing to $1,425,000
07/01/2015TERAS APPOINTS MR. MIKE PADLEY AS DIRECTOR OF FINANCE AND TO...
17/12/2014TERAS COMPLETES AN INDEPENDENT REVIEW OF CAHUILLA’S RECENT D...
16/12/2014Teras Completes an Independent Review of Cahuilla's Recent D...
02/10/2014Teras Announces Resignation of Mr. Gorden Glenn as a Directo...
12/09/2014Teras Provides Corporate Update
27/06/2014Teras Appoints Mr. Gordon Glenn to its Board of Directors
10/06/2014Teras Announces its Intention to Re-file its Statements
06/06/2014Teras Announces Adoption of Advance Notice By-Law
05/06/2014Teras Issues Final Tranches of Shares to Consolidated Pursua...
05/06/2014Teras Receives Results from its Core Drill Program including...
04/06/2014Teras Appoints Dr. James G. Clark as Technical Advisor to th...
23/05/2014Teras Appoints Mr. Michael Attaway to its Board of Directors...
25/04/2014Teras Provides Corporate Update
19/03/2014Teras Corporate Update
17/10/2013Receives Over $2.6 Million Dollars in Exercised Warrants
17/10/2013Receives Over $2.6 Million Dollars in Exercised Warrants
24/09/2013Completes First Deep Core Hole and Discovers Strongly Altere...
23/05/2013Announces $1.5 Million Dollar Financing
09/05/2013Provides Corporate Update and Announces the Cahuilla Technic...
02/05/2013Significantly Increasing Silver Values on Its Cahuilla Proje...
28/03/2013Receives Gravity Geophysical Results and Provides Corporate ...
19/02/2013Receives Positive Geochemical Sample Results Substantially I...
24/01/2013Receives Positive Metallurgical Test Results for Its Cahuill...
11/01/2013Files Technical Report and Provides Corporate Update
11/12/2012Provides Corporate Update
06/11/2012(Cahuilla Gold)Receives Additional Assay Results from Its Cahuilla Gold/Sil...
18/10/2012Receives Drill Results Including 128.0m of 1.26 g/t Gold fro...
02/10/2012Provides Cahuilla Project Update
15/07/2011Provides Its Shareholders With Corporate Update
05/05/2011Initiates 2nd Phase Drill Program
07/04/2011Receives Advanced Drill Permit for Its Cahuilla Project
Publication de commentaires terminée
 
Dernier commentaire publié pour cet article
Soyez le premier à donner votre avis
Ajouter votre commentaire
TSX-V (TRA.V)OTHER OTC (TRARF)
0,005+0.00%0,012-77.78%
TSX-V
CA$ 0,005
03/10 14:42 -
0%
Cours préc. Ouverture
0,005 0,005
Bas haut
0,005 0,005
Année b/h Var. YTD
0,010 -  0,010 -50,00%
52 sem. b/h var. 52 sem.
0,005 -  0,020 -50,00%
Volume var. 1 mois
10 000 -50,00%
24hGold TrendPower© : -27
Produit
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
2024-50,00%
2023-50,00%0,020,01
2022-33,33%0,040,01
2021-62,50%0,090,03
202077,78%0,140,04
 
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$-8,00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
7,54 AU$-2,14%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
11,49 US$+0,26%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
0,20 US$-12,28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
0,53 GBX-1,12%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
0,06 CA$+0,00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
2,65 CA$+0,00%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
1,84 CA$+0,00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
15,31 CA$-2,61%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
0,26 CA$+4,08%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
0,23 AU$+0,00%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
6,80 US$-2,86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
1,80 CA$+3,45%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
49,90 US$-2,49%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 :