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Central China Goldfields - it's a GGGem !!!! (GGG)     

lanayel - 07 Apr 2006 12:41

Here is a chance to get in near the bottom of potentially a very exciting prospect.

http://moneyam.uk-wire.com/cgi-bin/articles/20060328083735PAEAF.html

START OF DRILLING

LONDON - 28 March 2005

Central China Goldfields plc (AIM: GGG, GGGW) announces that its Chinese Joint
Venture Company, the Sichuan Snow Mountain Mining Exploration United Centre,
has signed a drilling contract with Victor Geological Exploration Inc
("Victor"). Victor is a wholly owned Beijing-based subsidiary of Nahanni
Drilling Corp. of Canada. The contract is to drill approximately 1,200 metres
in the Songpanguo (SPG) deposit in the Baima area, in the Snow Mountain
Project, Sichuan Province of China.

Drilling will also commence soon at Shuiniujia (SNJ), another deposit in the
Baima area once drill access is made available by mid-April.

The drilling programme is scheduled to commence in mid-April 2006 at Songpanguo
and late-April 2006 at Shuiniujia.

In addition, a series of underground tunnels (adits) totalling over 2,200m and
trenching totalling 2,250m will be undertaken in both deposits. The drilling
and aditing/trenching programme is intended to test the depth and lateral
continuation of these two deposits. Our partner the Sichuan Bureau of
Metallurgy and Geological Exploration ("SBMGE") has calculated inferred
resources of the SPG and SNJ deposits of approximately 200,000 oz. and 140,000
oz. respectively. These resources are not compliant to international standards.

The programme will be supervised by Exploration Manager, Ciceron ("Jun")
Angeles MSc FAusIMMM, who is qualified as a Competent Person under the
Australasian Code for the Reporting of Mineral Exploration Results, Mineral
Resources or Ore Reserves ("The JORC Code") of the Australasian Institute of
Mining and Metallurgy, and Project manager Roberto Tan BSc.

Dr. Jeff Malaihollo commented "Our exploration programme in 2005 confirmed
previous work conducted by the SBMGE. This year we intend to add to the
resources by drilling and tunnelling. We look forward a very exciting year of
development."


The AGM is next week so, hopefully, a bit more news at that time. I am going to try to get there so will keep you posted if I do.

;o)

kitosdad - 04 Jan 2008 08:57 - 104 of 223

LOL. Be lavish in your approbation Cyn, please.!!!!

cynic - 04 Jan 2008 09:08 - 105 of 223

oh all right; if you absolutely insist ...... GGG is a dangerous and foolish investment as is borne out by sp performance .... i haven't checked, but i expect very early in proceedings i warned you all about trusting the chinese who see the gweilo as a fat and easy pigeon .... you guys clearly enjoy the masochistic pleasures of being well and truly plucked

is that more to your liking Mr Kitos sir?

kitosdad - 04 Jan 2008 13:07 - 106 of 223

Approbation approved Cyn.

Andy - 16 Jun 2008 20:44 - 107 of 223

New article, click HERE

itam - 08 Jul 2008 10:03 - 108 of 223

hxxp://www.lse.co.uk/ShareNews.asp?shareprice=GGG&ArticleCode=zzc1i90d352s6f3&ArticleHeadline=Central_China_Goldfields_upbeat_on_latest_drilling_at_Dong_Mao_Huo_gold_project

Andy - 03 Sep 2008 13:07 - 109 of 223

New article;

Click HERE


Would you tell us about the sale of the Snow Mountain Project and how this relates to Central China Goldfield's business model?

Yes, let me start by saying..................

dealerdear - 03 Sep 2008 13:58 - 110 of 223

Many thanks for that Andy.

Many rave about the virtues of some of the smaller oil stocks, but I still think this is one of the better run companies on Aim with bags of potential and huge rewards for shareholders when the market improves.

Andy - 05 May 2009 15:23 - 111 of 223

Good news at last!

Click HERE

lizard - 16 May 2009 16:03 - 112 of 223

Cheers Andy. Held a while back tempted to buy in again.

lizard - 21 May 2009 08:35 - 113 of 223

RNS looks good.

rodspotty - 07 Jun 2009 12:50 - 114 of 223

Should be interesting once trading resumes.......

http://moneyam.uk-wire.com/cgi-bin/articles/20090520070000P0C6C.html

http://moneyam.uk-wire.com/cgi-bin/articles/20090602075500P8057.html

Rodders

hlyeo98 - 10 Jul 2009 08:12 - 115 of 223

Cynic, you have been right again in GGG. LOL!

Andy - 15 Dec 2009 22:56 - 116 of 223

News! click HERE

Andy - 16 May 2010 10:25 - 117 of 223

Free investor event
-------------------


The directors of Ascent Resources (AIM: AST), Central China Goldfields (AIM: GGG),
Avalon Rare Metals (TSX: AVL) and Metals Exploration (AIM: MTL) will be presenting:


Chesterfield Mayfair Hotel, 35 Charles Street, Mayfair, W1J 5EB


The presentations will start at 6:00pm and finish at approx 8:00pm.

After the presentations are complete the directors will also be available to take questions
during a free canapand wine reception, offering the rare opportunity to chat to the CEO's
and network with other investors in an informal atmosphere.


Free Registration - http://www.sign-up.to/signup.php?fid=2046&pid=7163


This event is suitable for the following:

Sophisticated & private investors, private client brokers, fund managers,
financial institutions, hedge funds, buy & sell side analysts and journalists.


These are wonderful events in a superb setting, and well worth attending.


The nearest tube stations are Green Park and Bond Street.

Master RSI - 05 Aug 2010 23:30 - 118 of 223

A very good couple days for the shares, so the bounce is on after the retracement.
Bullish Indicators.

The talk around is that the drilling goes on and are very positive so far, before the final results of the findings are presented to the market.

Chart.aspx?Provider=EODIntra&Code=GGG&Si

dealerdear - 06 Aug 2010 08:30 - 119 of 223

Always admired this company but it has been through a couple of traumatic years. I hold from a long time ago and I'm hoping for better times ahead

Master RSI - 15 Aug 2010 23:36 - 120 of 223

Selected as one for the "UPS" today

GGG 4.625p ( 4.50 / 4.75p )
Reason: Volume and rising last Friday, the depresed price due to selling by Obtala must be very close to the end or MMs know of no more selling by them and pushing prices higher. Very good grades/results are expected any time from the completed seven diamond drill holes. Director buying large last month. Ready for Intraday BREAKOUT

3 month Bollinger Bands,RSI, S Stochastic and 50 days MA
big.chart?symb=uk%3AGGG&compidx=aaaaa%3A

dealerdear - 16 Aug 2010 08:06 - 121 of 223

As i have kept saying in the past, this is a very well run great little company.

I wish I'd got more at 2p a few months ago!!

Master RSI - 16 Aug 2010 11:06 - 122 of 223

Today's news

GGG Resources plc

1.98 Million ounces JORC Compliant Mineral Resource Estimate

Highlights:

The updated JORC reported Mineral Resources of Bullabulling has been increased
by approximately 450% to 1.98 million ounces of gold (41.5 Mt @ 1.5 g/t Au at
0.7 g/t Au cut off).

Resource estimated by independent consultants CSA Global

Some areas can be updated to Measured and Indicated Resource upon twinning of a
number of historic drill holes.

Economic scoping study being completed after which a further Mineral Resource
update will be estimated.

The current Mineral Resource is expected to increase with further exploration
drilling.

Bullabulling could develop into a significant new gold project.

Share Purchase Agreement was completed last week.

16 August 2010

GGG Resources plc together with its Joint Venture partner at the Bullabulling
Project, Auzex Resources Limited ("Auzex"), are pleased to announce a new JORC
reported Mineral Resource of 41,517,000 tonnes @ 1.5 g/t Au for 1.98 million
ounces of gold at a 0.7 g/t Au cut off for the Bullabulling Gold Project.

The new JORC reported Mineral Resource was estimated to an assumed economic
mining depth of 315m RL, approximately 120m depth. This depth has been used as
a conservative approximation of mineralisation that is expected to be amenable
to open-cut mining operations.

Th new Mineral Resource estimate has been restricted predominantly to
mineralisation within the Bullabulling Trend, which extends over approximately
6km strike and where gold mineralisation exhibits excellent lateral and
vertical continuity, and is open in all directions. The Mineral Resource
excludes all historic production and does not include historic surface dumps
that are reported to contain approximately 12,000 ounces of gold.

Mineral Resource estimate Cut Off (g/t) Class Tonnes Au g/t Ounces

August 2010 0.7 Inferred 41,517,000 1.5 1,982,000

Note: The resource is quoted for blocks with a grade of greater than 0.7 g/t
and above the 315 RL. Differences may occur due to rounding.

The Mineral Resource was estimated by CSA Global who are an independent
consultancy based in Perth (An executive summary of their report is attached).
The estimation used assays from all the historic drill hole data over a 9 km2
area covering the Bullabulling shear zone and the Ordinary Kriged method for
interpolation. Grade tonnage curves at various cut offs from this estimate
confirm that a significant amount of the resource sits between 0.3 and 0.9 g/t
Au, consequently it is believed that the project will return the greatest value
as a high tonnage low grade bulk mining operation.

Due to lack of QAQC data on the drill holes samples, the Mineral Resource
estimate has been classified as Inferred under JORC (2004). In some areas with
high density historic drilling, this can likely be upgraded quickly and cost
effectively to Measured and Indicated JORC classification by twinning a number
of the historic RC drill holes to increase the confidence in the historic
assay results. The remaining areas will require infill drilling to a spacing of
20m by 25m to convert the Inferred Mineral Resource to Measured and Indicated.
The twinning of the historic holes will be completed as soon as possible to
allow the Mineral Resource to be reclassified to include Measured and Indicated
categories.

A preliminary economic scoping study is currently being completed by CUBE
consultants that will provide information on mining costs, treatment costs, cut
off grade and the scale of the operation to be used in the up-coming
feasibility study planned for commencement in October 2010. Optimisation
studies are planned on the global Mineral Resource to confirm the economic
mining depth and this information should be available by mid to late September.
The Mineral Resource will be upgraded at this time to take account of the
economic depth of mining.

The Mineral Resource estimate is based on 10,522 drillholes, with approximately
half being RC and half being RAB drillholes. The Mineral Resource estimate has
well defined variography that reconciles well with the orientations of
mineralised shoots derived from the structural study. The new estimate also
reconciles well against historic production. The recently completed diamond
drilling program will also be used to review the model when all assay results
are finalised. These have not been considered in the current Mineral Resource
estimate.

Bullabulling Grade Tonnage Curve estimated at different cut-off grades from
mineralisation less than 120 metres below surface.

Average Grade Contained

Gold cut-off g/t Au Tonnes Au g/t Ounces

1 22,202,000 2.06 1,468,400

0.9 26,739,000 1.87 1,606,500

0.7 41,517,000 1.48 1,981,600

0.6 54,231,000 1.29 2,245,900

0.5 75,013,000 1.08 2,611,800

0.4 107,094,000 0.89 3,071,800

0.3 162,171,000 0.71 3,683,200

This is the first time that all the data has been used to estimate the gold
Mineral Resource for the Project. The previous quoted Mineral Resource of
431,000 ounces of gold (announced on 11 February 2010 when GGG entered into a
Heads of Agreement with Auzex) was confined to the main pit areas and to small
laterite and supergene prospects to the north and south and contained an
unusually small amount of Mineral Resource in the Inferred category. The
recently completed structural study demonstrated that mineralisation not only
continued between the historic pits at Bacchus and Phoenix and down dip, but
also the mineralised shear zone was wider and that mineralisation was also
present in the foot wall and hanging wall of the Bacchus and Phoenix pits
respectively. The recently completed diamond drilling program confirms this
potential and also confirms that additional mineralisation occurs in stacked
shoots beneath the known zones of mineralisation as suggested by the structural
modelling.

The Joint Venture considers the establishment of the new increased Mineral
Resource for the Project as a significant milestone that will allow the Project
to be developed to its optimum economic potential. The scale of the Mineral
Resource also suggests that the Project could develop into a significant gold
project that will establish the Coolgardie Goldfield in the Eastern Goldfields
of Western Australia as a significant producer for years to come.

Share Purchase Agreement

The Joint Venture is also pleased to announce that the acquisition of the
Bullabulling Gold project mining tenements, plant and equipment was
successfully completed on Friday 13 August 2010. Registration of the tenement
transfers is underway and Ministerial consent to sell Bullabulling pastoral
lease to the Joint Venture has been obtained.

Master RSI - 16 Aug 2010 11:14 - 123 of 223

Auzex and GGG JV Bullabulling in 450% boost in gold resource to 2m ounces

Monday, August 16, 2010 by Andrew McCrea New name, new focus: GGG's JV in Australia with Auzex is looking very good Brisbane-based Auzex Resources (ASX: AZX) has surprised on the upside with a larger than expected 450% jump in JORC reported Mineral Resource to over 1.98 million ounces of contained gold at the Bullabulling Gold Project in the Coolgardie Goldfields of Western Australia. The project is being developed in joint venture with GGG Resources PLC (LON:GGG), which recently changed its name from Central China Goldfields.

With further exploration drilling, this resource is is likely to increase even further.

An Inferred Mineral Resource of 41.5 million tonnes at an average grade of 1.5g/t gold has been estimated using a 0.7g/t Au cut-off, resulting incontained gold of 1.98 million ounces gold.

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