Korab Spin-Offs 2 Gold Companies

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17.05.10 18:00

1974 Postings, 6418 Tage DasMünzKorab Spin-Offs 2 Gold Companies

17.10.10 14:25

1974 Postings, 6418 Tage DasMünz+86% Rare earth Fund

31.12.12 11:52

1974 Postings, 6418 Tage DasMünzMAGNESIUM DEPOSIT Sale +114%

WINCHESTER MAGNESIUM DEPOSIT SALE

http://stocknessmonster.com/news-item?S=KOR&E=ASX&N=620111

$16.6 million of the consideration ($1 per tonne of resource) will be payable on completion of
the sale and an additional $1 per tonne per tonne of resource ($16.6 million) will be payable as a
royalty on each tonne of magnesite mined from the deposit. The amount of royalties will be
capped at $16.6 million. The agreement is binding upon the parties but is subject to the
following conditions precedent to be fulfilled by 31 March 2013:  

31.12.12 12:11

1974 Postings, 6418 Tage DasMünzKAP: 17,86 M AUD

123,214,927 Aktien

17,86 M AUD - $16.6 million = 1,26 M AUD

Goldprojekte : 2,38 M Unzen  / 1,88$ Oz


http://www.asx.com.au/asxpdf/20121105/pdf/42b00frm48kfzv.pdf  

09.03.13 21:51

1974 Postings, 6418 Tage DasMünzExceptional economics of 2mln ounce Au project

Exceptional economics of 2mln ounce Au project
General Update
07-03-2013
Korab Resources Announces Exceptional Economics of Bobrikovo Gold Project


Korab Resources provided an update regarding the estimated capital and operating cost for Stage 1 of the development of the Bobrikovo gold project, reporting that gross profit is estimated at $11.5m per annum (equivalent to 7,670 ounces gold per annum) and production is estimated at 11,730 ounces gold in concentrate per annum. Other highlighrs include: the mineral resource increased to +2Moz gold over two years; 330,000t of ore mined and stockpiled by the company ready for processing; and all permits and approvals for the development of the oxide zone and gravity extraction have been secured and are in hand.



http://www.theage.com.au/business/under-the-radar/...30215-2eh6z.html  

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