Newport GOLD Inc. - noch unentdeckt?

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eröffnet am: 24.04.08 17:20 von: snowder Anzahl Beiträge: 2
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24.04.08 17:20

26 Postings, 6249 Tage snowderNewport GOLD Inc. - noch unentdeckt?

Ich bin vor einiger Zeit auf die Seite des Explorers Newport - OTC BB: NWPG - gestoßen www.newportgold.com. Hier wird in Kanada und in der Mongolei(!) nach Gold gebohrt. Bei der aktuellen MK von unter 1 Mio US-$ (derzeitiger Kurs von 0.05 US-$) scheint mir hier einiges an Potential drin zu stecken. In den derzeitigen OS von 18.59 Mio. sind die bereits beschlossenen Aktienausgaben fast komplett schon enthalten (Mac Gold Property: 1,800,000 Sh; 30% Inner Mongolia Prop.: 500,000 Sh; PP für 300,000$: 1,500,000 Sh bei $0.20/Sh) Wenn die Explorer sich wieder aus ihrer Baisse erholen, könnte der Wert interessant sein.

Hier mal einige Auszüge aus der Webseite und aus den SEC-Berichten:

Plan of Operations.

Newport is a pre-exploration company incorporated under the laws of the State of Nevada on July 16, 2003. We commenced our business operations in 2006.


Burnt Basin, B.C.

Results to date show a large zinc, lead, copper, silver soil geochemical anomaly 200-400 meters in width and over 1km in length. Within this area untested airborne conductors have been found as well as many random occurring outcrops which have yielded many values in excess of 12% combined lead and zinc. The latter outcrops also contain silver, copper and gold values.

Numerous other smaller zinc, lead, copper, gold soil geochemical anomalies were defined elsewhere on the grid, many of which are unrelated to any know mineralization. A strong 100m x 150m copper- gold soil anomaly was also defined several hundred meters to the northwest of the Upper Eva Bell showing, which is also unrelated to any known mineralization.

A new discovery of sphalerite-magnetite mineralization was made 800 meters to the northwest of the Halifax Zone with values to 15.4% zinc.

Unexpected Area: A new discovery of massive galena mineralization was also made, 1km north of the Halifax zone with values to 51.5% lead, 1.3 % zinc and 327g/t silver. A second area of mineralization, 200 meters to the north, returned values to 1.03% zinc and a third area of mineralization a further 250 meters to the north, returned values to 17.1 g/t gold, 15.4 g/t silver, 1% lead and 0.6% zinc.

Contact Area:  High precious metals values to 59 g/t gold and 74.9 g/t silver were obtained from sampling at the Contact Zone.  This zone was discovered during the 2005 work program.

Hastings Area: A historically known area of massive magnetite-sphalerite mineralization was located, 500 m south of the Halifax, with values to 32.3% zinc returned from samples collected.

Burnt Basin Area: A new quartz vein discovery was made, 1 km west of the Motherlode, with values to 4.6 g/t gold.

Aldeen area: A new quartz vein discovery was made, 1km north of the Eva Bell, with values to 4.9g/t gold.

Field work was carried out under the supervision of Linda Caron M.Sc. Geology.


CHINA

A deep Induced Polarization survey was commenced over a portion of the property where near surface I.P. anomalies had been defined last year.  The purpose is to define anomalies at depth below the oxidized zone. No results are available yet but will be released when all the data has been received and interpreted.

Inner Mongolia Property

On November 17, 2006, Newport acquired an option to earn a 20% interest in a 50% interest held by the optionors in certain mineral exploration rights located in Inner Mongolia, China (the "Inner Mongolia Property"). This property is held by Noront Resources Ltd. ("Noront" NOT TSX-V) through BaoTou Noront Mineral Development Co. and consists of 5.16 km (2) situated about 100 km north of BaoTou City. The option agreement is subject to an underlying agreement dated February 1, 2006 between Noront and the optionors. In order to earn its interest in the property, Newport issued 2,200,000 common shares to the optionors and an additional 300,000 common shares to Noront at $0.10 per share. Newport also granted a total of 2.2% NSR to the optionors on all metals produced from the optionors' interest in the property. The optionors also granted Newport a first right of refusal on acquiring the remainder of their 50% interest for a period of one year. Newport must issue a total of 800,000 common shares to Noront by February 1, 2009 and incur $750,000 of exploration expenditures, with a first year obligation to issue 300,000 shares (issued as noted above) an incur $250,000 of exploration expenditures by February 1, 2007.  Newport received an extension on completing the required expenditures to February 1, 2008 in consideration for 100,000 shares of Newport, fair valued at $0.45 per share.
http://sec.gov/cgi-bin/...IC=&owner=include&action=getcompany


February 26, 2008 2008-02-28 5:00EST

Newport has recently received a geological report on the Inner Mongolia Property prepared by Newport's Consulting Geologist Daniel Huang M.Sc. Diamond drilling on the Inner Mongolia Property is planned during the summer of 2007. In order to proceed with this project, Newport will have to raise at least $300,000 through private placements or other capital avenues.

NEWPORT ENGAGES SEACOAST PUBLISHING

The company is also pleased to announce that it has engaged D. Stewart Armstrong and Seacoast Publishing of Monterey, California to assist The Company with Corporate Communications and to also act as an Independent Company Consultant.  The Company will honor an engagement fee of $2400.00 and shall pay the sum of $2000.00 per month for a period of 12 months to Seacoast Publishing.   The company also agrees to grant Seacoast Publishing an option to purchase 200,000 shares of the Company at a price of $0.20 per share or the SEC approved price at the time of granting. The Company has not established an option plan for its officers and consultants but seeks to do so in the near future.   Newport Gold Inc. is a Nevada based internationally-oriented exploration company committed to delivering value to its shareholders by strategically acquiring, exploring, and advancing superior domestic and international mining properties. Projects focused on precious, semi-precious, and base metals are all evaluated in an effort to determine which are best suited for the purpose of advancing the Company’s objectives. Newport Gold’s commitment to both its shareholders and the local indigenous populations is to construct a strong asset based company utilizing an ethical stewardship in order to properly manage the projects with which we are involved.

http://sec.gov/cgi-bin/...IC=&owner=include&action=getcompany


CHINA ONE PROJECT INNER MONGOLIA CHINA

In December 2003, U. Abolins P.Eng and R. Nemis visited the property and took two selected samples of a sericitized quartz vein structure in a pit displaying malachite mineralization.  The samples returned assays of 1715.8 g/mt Au (visible gold was observed) and 11.9 g/mt Au.  Both samples returned assays greater than 1% Cu.  Sampling from the pit and oxidized surface rubble assayed from a trace to .47 g/mt Au and greater than 1% copper.  However in November 2004 additional samples were taken in order to better understand the mineralization and the high grade gold.  A number of samples were taken from previously sampled sites, but in this instance taken deeper.  With depth a few patches of chalcopyrite were found, usually with abundant sericite and silica flooding. These samples returned good gold and excellent copper values.  Gold ranged from 0.81 to 21.14 g/mt and copper better than 1%.
http://www.newportgold.com/press043007.htm  

09.05.08 10:02

26 Postings, 6249 Tage snowderneue Ergebnisse

Last update: 3:59 p.m. EDT May 8, 2008
TORONTO, May 8, 2008 /PRNewswire-FirstCall via COMTEX/
The company is pleased to announce that the results from the fall 2007 trenching program have been returned and show good Zn, Pb and Ag values over reasonable widths, from both the Upper Eva Bell and Halifax showings, as listed below in Table 1. Two trenches at the Upper Eva Bell returned 2.5 m of 13.72% Zn, 2.86% Pb, 2.5% Cu 460 g Ag and .6 gm Au, and 3.0m of 8.68% Zn, 1.50% Pb, 2.12% Cu, 383g Ag and .7g Au. In the Halifax area several trenches assayed encouraging values over reasonable widths.
...
The contact adit was re-visited and additional sampling was done. A 0.4 meter chip sample across the vein, at the portal to the adit, returned 15.84 g/t Au, and select grab samples from roadcut returned values of 27.58 Au and 33.99 g/t Au from quartz veins.
A new showing (the Gold Knoll showing) was discovered in follow-up to a gold soil geochemical anomaly on the knoll, northwest of the Upper Eva Bell showing. Several small historic hand trenches and open cuts were found, which explore narrow quartz veins. Samples of vein material returned values of 43.07 g/t Au and 42.78 g/t Au.
http://www.marketwatch.com/news/story/newport-gold-inc-announces-new  

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