die aktie war vom handel ausgesetzt, weil der kanadische exchange fand, es waren zuviele infos in der letzten Pressemitteilung
jetzt hat nw ne klarstellung rausgegeben (im prinzip noch mal gesagt, das ist ne konzeptionelle studie + die namen der benachbarten minen weggelassen), sodass ich damit rechne, dass der handel dort heute wieder auf genommen wird:
Northwestern issues clarification
Tuesday February 8, 5:29 pm ET
TORONTO, Feb. 8 /CNW/ - At the request of the TSX Venture Exchange, the Company retracts certain statements and further clarifies the Press Release dated February 3, 2005.
Northwestern Mineral Ventures Inc. (TSX-V: NWT - News) retracts the statement " Conceptual Study for Picachos, details mineral resource and reserve estimates." At this time there is no data on which to base an estimate of resources or reserves for this property.
The Company provides the following clarification about the exploration target reported:
WGM examined various deposits in Durango State within the Sierra Madre region that are believed to offer comparable geology to Northwestern's Picachos area. The property is located within the gold-silver district spanning 1,600 kilometres from near the northern U.S. border to the Pachuca deposit just north of Mexico City.
Most of the regional deposits and mineralization on the property are hosted within a Late Eocene volcanic complex, specifically within caldera structures. Mineralization is of the low sulphidation epithermal type occurring in structurally controlled veins and brecciated zones within hydrothermally altered tuffs and ignimbrites. The previous operator, Camargo, had sampled 10 historical mineralized areas, many consisting of multiple showings of Ag-Au and Ag-Pb-Zn- Cu-(Au) mineralization. Based on the results of more than 190 soil, stream and rock samples reported by Camargo and 10 characterization samples collected by WGM from six of these sites, WGM is of the opinion that the Picachos area has the potential to host an economically significant silver-gold deposit.
Gold and silver mineralization is widespread in the Picachos property as indicated by numerous old mine workings (an area of more than 50 km(2)) and geochemical rock sampling by Camargo which reportedly gave average metal values in the caldera structure of 0.9 g Au/t and 98 g Ag/t and a Ag:Au ratio in the order of 200:1 to 275:1. Research by Clarke and Titley (1988) in the Tayoltita mine area about 40 km north from Picachos, in the same geological setting indicated that the higher Ag:Au ratios were characteristic of the top of the epithermal boiling zone and showed that the Ag:Au ratios at Tayoltita were considerably lower indicating the possibility that the mineralization at Picachos was near the top of the epithermal zone. Sampling by Camargo of the Breccia Madre in the upper stope at El Pino mine gave an average grade of 462 g Ag/t and 2.6 g Au/t across 5.2 m. Sampling by WGM, in the same upper stope, gave 722 g Ag/t and 2.78 g Au/t over 2 m. At the El Toro mine, some 800 m lower in elevation and approximately 5 km to the southwest sampling by Camargo gave 761 g Ag/t and 1.8 g Au/t across 1.8 m with a WGM sample in the same area over 1.5 m gave 250 g Ag/t and 0.39 g Au/t.
WGM postulates, based on the known mineralization on the property and based, on other regional producers, whose deposits range from 1.2-97 million tonnes, that the Picachos property has an exploration target with the potential to host a deposit in the order of 10 to 20 million tonnes with metal grades in the order of 200 to 500 g Ag per tonne and 1.0 to 3.0 g Au per tonne. The potential quantity and grade is conceptual in nature. There has not been sufficient exploration on the property to define a mineral resource and that it is uncertain if further exploration will result in discovery of a mineral resource on the property.
Northwestern announces the filing of its Conceptual Study for the Picachos property on SEDAR. The report, entitled " A Conceptual Study of the Picachos Silver-Gold-Base Metals Prospects, Western Durango State, Mexico" dated 14 January, 2005, was prepared by Watts, Griffis and McOuat Limited (" WGM" ) of Toronto. The Conceptual Study is a key document prepared for and used by Northwestern's management team to warrant and determine the optimal exploration strategy for its Picachos property, located in Durango State, Mexico.
In a previously filed 43-101 report for the Picachos property, WGM concluded that ongoing exploration is warranted and proposed a work program budget in excess of CDN $500,000.
The WGM Conceptual report was prepared by Al Workman, P.Geo., and Ross MacFarlane, P.Eng. Mr. Workman is Senior Geologist and Vice-President of WGM, and a qualified person as defined by National Instrument 43-101. Mr. MacFarlane is a Senior Associate Metallurgical Engineer for WGM who is also a qualified person having visited all of the major producers in the San Dimas mining district of western Durango State. Please refer to the Conceptual Study on SEDAR for further information on the Picachos property. All of the disclosure in this press release is based upon the aforementioned Conceptual Study, and the information by Al Workman.
WGM Senior Geologist, Velasquez Spring, P.Eng., a qualified person has reviewed the technical information contained in this press release.
ABOUT NORTHWESTERN:
Northwestern Mineral Ventures (
www.northwestmineral.com) is an emerging international exploration company with an experienced management team. The company is focused on properties with potential uranium and iron-oxide coppergold targets and currently has interests in Mexico's Durango and Sinaloa provinces and Canada's Northwest Territories. Northwestern is listed on the TSX Venture Exchange under the symbol " NWT."
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.
This news release includes certain " forward looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995. Without limitation, statements regarding potential mineralization and resources, exploration results, and future plans and objectives of the Company are forward looking statements that involve various degrees of risk. The following are important factors that could cause the Company's actual results to differ materially from those expressed or implied by such forward looking statements: changes in the world wide price of mineral commodities, general market conditions, risks inherent in mineral exploration, risks associated with development, construction and mining operations, the uncertainty of future profitability and the uncertainty of access to additional capital.
http://www.newswire.ca/en/releases/o....cgi?okey=2103
For further information
Kabir Ahmed, President & CEO, (416) 365-6580,
kahmed@northwestmineral.com
Investor Relations, (866) 437-9551,
info@northwestmineral.com