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Leyshon Resources - Another gfm (LRL)     

only1buster - 15 Jan 2007 10:17

Very good news today - confirms my best hopes - moving north

share trader - 05 Aug 2007 00:37 - 3 of 80

media comment, click HERE

Andy - 05 Aug 2007 11:39 - 4 of 80

Loooking good!

share trader - 07 Aug 2007 14:16 - 5 of 80

More news, click HERE

Andy - 19 Sep 2007 12:57 - 6 of 80

Comment, click HERE

Oakapples142 - 19 Sep 2007 15:55 - 7 of 80

Market reaction a bit disappointing but I much prefer steady progress

aldwickk - 06 Dec 2007 10:24 - 8 of 80

Leyshon Resources Lifts Pace Of Development Of Zheng Guang Mine





The operations of Leyshon Resources have always been a classic for a company exploring and developing projects overseas. The managing director Paul Atherley lives in Beijing as does the chief operating officer and the company has an office there. Most of its employees speak either Mandarin or native Chinese and Dr Ye Dong Pink was recently appointed as manager for the Zheng Guang gold zinc project in the province of Heilongjiang in the northeast of China. To cement relations in China even further it has the Qiqihaer Brigade of the Heilongjiang Bureau of Geology and Mineral Resources as its partner and it is proving very supportive. The Brigade has more than 4,000 technical staff as well as a fleet of drill rigs and a range of laboratory and other technical services at his disposal which makes life considerably easier for Leyshon.
His company could not be in China at a better time as it has opened its previously state owned gold mining industry to foreign investment with capital and operating costs probably the lowest in the world. In the next few years it is predicted to become not only the worlds foremost producer, but also the worlds biggest consumer. In 2006 it overtook Australia to become the 3rd biggest producer with 240 tonnes of gold and this year is showing a further improvement. In 2006 also it consumed 259 tonnes and now sits not far behind the US and India with consumption rising in each of the last four years. Its Shanghai Gold Market turned over US$25 billion last year and its increasing sophistication is reflected in the start of gold futures trading.

What a background for moving up the league table from explorer to producer with gold circling around the US$800/oz mark. Back in March the company reported a JORC compliant recoverable resource estimate of 1.21 million ounces of gold, 3.72 million ounces of silver and 94,000 tonnes of zinc based on the successful drill programme carried out in 2006. Overall gold equivalent content was increased by 43 per cent and more than half of the previous inferred resource was upgraded to the indicated category. The gold equivalent of this resource estimate is more than 1.7 million ounces and the discovery cost to date has been less than US$5 per ounce.

At the time when Rob Davies last wrote about the company back in May a decision had just been made to go ahead with a mine. Not for Leyshon the Canadian policy of drilling a project to death first: all that it wanted is a reserve large enough warrant the capital cost and a plant so simple and scaleable that capacity can be increased later at a reasonable additional cost. Doing it this way keeps the initial capital cost to a minimum and in the case of Zheng Guang the current estimate to build the mine is US$50million. The company has A$18.2 million in cash and no debt and has received a number of expressions of interest from prospective financiers offering equity and debt to fund the projects development. Once the capital and operating costs have been finalised early in the new year the funding will be finalised.

Independent metallurgical consultancy Metallurg of Australia has been working on the process route development and has reported that there will be no requirement for mining and treating separate ore types; meaning that a single gold/zinc sulphide ore can be supplied to the plant which will have significant capital and operating cost benefits. The proposed process route has a separate carbon in leach circuit for the gold oxide ore which will produce a gold and silver dorbar for and a flotation circuit for the gold/zinc sulphide ore which will produce further gold and silver dorbars from a high intensity leach reactor and a saleable zinc concentrate. Chanchung Design Institute continues with basic engineering design under the direction of Dr Ye Dong Ping and the aim is to have the design completed early next year. In order to maintain the momentum, orders will be placed shortly for ball mills and other major long time items.

The approval processes are being led by Ye Dong Ping working closely with the Brigade. Under an agreement signed during the year with the Municipal Government of Ai Hui District, Zheng Guang has been designated as a top priority project which will expedite the approvals for access, land use, road construction and the supply of water and electricity. Feasibility studies and other reports completed by the joint venture in accordance with regulatory requirements have been completed and approved by the relevant authorities. The processes are well advanced with various reports submitted and meetings attended with a view to having all necessary approvals in place to enable construction to commence in early 2008.

All this time Leyshon has continued with its infill and exploration drilling and the results have been most encouraging with broad widths of good grade mineralisation being intersected as predicted between important sections of the Main Ore Zone. As a result Paul Atherley is confident that the bulk of the resource will be upgraded to measured and indicated status ahead of development in 2008. So confident is he of the whole project that the latest news is that the ball mills have now been ordered from a leading Chinese engineering group at a cost of US$2 million and the local power authority, Nenjiang Power Bureau, has been contracted to engineer the supply of 10 MW of electrical power from the local grid via 35KV high voltage overhead transmission lines. Moving into 2008 at a gallop.

aldwickk - 06 Dec 2007 12:38 - 9 of 80

Oakapples142 - 06 Dec 2007 13:04 - 10 of 80


What an excellent and constructive post aldwickk - did you research and compose it ?
Many thanks anyway

aldwickk - 06 Dec 2007 15:41 - 11 of 80

No Oak not that good, copy&paste from todays Minesite.

ps ...... i live on the south coast, between Chichester and Bognor.

Oakapples142 - 08 Dec 2007 16:34 - 12 of 80

Nice steady rise which is the way I like it before we gallop into 2008 !. I cant get the hang of "copy and Paste" We are directly opposite the Needles.

share trader - 04 Feb 2008 23:38 - 13 of 80

Leyshon are presenting in London on 13th February 2008.

Details and FREE registration click HERE

Andy - 05 Feb 2008 08:53 - 14 of 80

great article ! HERE

Andy - 25 Jul 2008 21:42 - 15 of 80

And another one HERE

only1buster - 26 Oct 2008 18:12 - 16 of 80

lrl 3.75p ! - white night to the rescue please

porky - 29 Nov 2008 13:47 - 17 of 80

This is looking to be very positive for next year, and who knows what the Gold price might do next year when the global economy finally goes pear shaped.
Great write up by Wendy.
http://www.proactiveinvestors.co.uk/companies/news/3584/-leyshon-resources-battening-down-the-hatches-3584.html

Bullshare - 26 Oct 2012 14:42 - 18 of 80




Shares Magazine invites you to join us at our own special ‘Meet the Markets’ event at the World Money Show (London) 2012.

On Saturday 3rd November 2012, Shares Magazine will give you the opportunity to meet, hear from and ask questions of key senior management figures from carefully selected companies. This event offers a unique opportunity not only to hear about the latest plans from some of the most exciting companies in the sector, but also to put your questions to the people that matter.

The event is tailor-made for private investors who already have exposure to AIM listed stocks, or anyone who is considering putting money into these exciting and dynamic sectors.

By registering NOW not only do you get the opportunity to join us at our own special Shares event, you also get FREE entry to the World Money Show itself, where you will get a chance to listen and talk to leading investment and trading experts with insights on the hottest trends, global market perspective, income Investing, spread betting, CFDs, Forex, ETFs and asset allocation.


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Date:

Saturday 3rd November 2012

Venue:

The Westminster Suite (4th Floor)
The Queen Elizabeth II Conference Centre,
Broad Sanctuary,
Westminster,
London
SW1P 3EE

Presentations:
11.30am to 1.30pm


Companies Presenting:

GETECH GROUP PLC
GETECH's (GTC) is a leading global consultancy to the oil, gas and mining industries. We assist our clients, who include the major international oil companies as well as many independent and National Oil Companies, to reduce the risks and improve the efficiency of their early stage exploration programmes. We are differentiated through our unique global library of gravity and magnetic data and our multidisciplinary teams of highly skilled geosciences staff. We pride ourselves on scientific rigour and thought leadership. These have now led to the development of our flagship product, the “Global Programmes” for which we currently have six contracted clients, who commit to a multi-year strategic programme of which the initial phase is due to complete in mid 2014.

LEYSHON RESOURCES LTD
Leyshon Resources Limited (AIM & ASX:LRL) was on the ground in 2003 when China opened its mining sector to foreign investment. It has been fully engaged in China since then with its main operating office located in Beijing.
China's latest Five Year Plan emphasizes the planned urbanisation of a large number of Central China's rural population into second and third tier cities lifting the urbanisation rate to 51.5% of the overall population.
This will result in significant increases in infrastructure spending and energy demands. The Company is planning to invest in high quality energy assets in China to meet this growing demand.

Speaker: Paul Atherley, Managing Director.

TERTIARY MINERALS PLC
Tertiary Minerals (TYM) is an AIM-quoted mineral exploration and development company building a significant strategic position in the fluorspar sector. Fluorspar is an essential raw material in the chemical, steel and aluminium industries and traditional Chinese supplies are drying up as China evolves from a large net exporter to a potential net importer.


REGISTER NOW


For more information on the World Money Show (London) click here

js8106455 - 30 Oct 2012 18:06 - 19 of 80

Leyshon Resources presents at the 91st Minesite forum at the Brewery.

Click the link to watch.

http://www.brrmedia.co.uk/event/105651/paul-atherley-managing-director

Bullshare - 08 Nov 2012 10:08 - 20 of 80

On the move upwards. The CEO has presented at 3 of our Investor Evenings and was our Shares 'Play of the Week' 2 weeks ago.


Their October presentation here:

http://img.moneyam.com/pdf/mrq-october-2012-investor-evening/leyshon.pdf

Bullshare - 09 Nov 2012 09:29 - 21 of 80

Another very blue day :-0)

55011 - 12 Nov 2012 09:56 - 22 of 80

Further progress today.
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