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new millennium resources (NML)     

LEEWINK - 28 Mar 2004 15:45

NML is due its interrim results now, last year it was the 28th of this month.

They are setting up a new site to explore/research/analyse and all the equipment to do this should be on site now, and drilling should start soon, all this extra news should be covered in the interims.

does anyone have any further positive views on this company ??

gunnergonk - 15 Sep 2004 11:48 - 76 of 1909

so as i said it wont be long until we are pulling them out by the bucket! i already have 1/2m of these and will be buying some more later this week/early next week. also depending on the success of the operation at c9 im informed that more liscences could be available. this could be massive in the next year, remember he who dares rodney, he who dares. now wheres my porsche! lol!

gurumaister - 15 Sep 2004 16:30 - 77 of 1909

Thanks, Gunner - I might just grab a few more myself.

nkirkup - 17 Sep 2004 11:27 - 78 of 1909

For your information, good note towards the end for Africa operations

New Millennium Resources NL
17 September 2004


New Millennium Resources NL

Largest Greenland Diamond Find

New Millennium Resources NL (NML) in association with its partner Hudson
Resources Inc of Canada, is pleased to announce that a total of 120 diamonds
greater than 106 microns in size were recovered from one sample location in New
Millennium's Sarfartoq Exploration License Area in West Greenland (see sieve
results reported below). Of these diamonds, 9 are classified as macrodiamonds
(defined as remaining on the +0.5 mm square mesh sieve). The three largest
diamonds measured 1.90 X 1.70 x 1.42 mm; 1.98 X 1.34 X 0.98 mm; and 1.56 X 1.40
X 1.16 mm. This 107.9 kg kimberlite sample also contained another 31
microdiamonds in the 75 micron size fraction. The complete Caustic Fusion
Diamond Report prepared by the SRC Geoanalytical Laboratories, including
individual stone size and description, is available on Hudson's website
(
www.hudsonresources.ca/files/srcreport.pdf
).

The sample location has been named 'Garnet Lake' because of the existence of
visible garnets in the kimberlite matrix. The total Garnet Lake sample comprises
a nodular rich selection of kimberlite (MHG9-5), a portion of matrix-dominant
kimberlite (MHG9-7) and a representative kimberlite selection (MHG9-13)
processed separately. Additionally, samples totaling 144.65 kg collected from 3
other localities were marginally diamondiferous yielding a total of 4
micro-diamonds. The remaining 184.05 kg of kimberlite processed from 3 other
localities failed to reveal diamonds.

Kimberlite Weight Diamonds in Square Mesh Sieve Sizes (microns)
Sample (kg)
+75 +106 +150 +212 +300 +425 +600 +850 +1180
---- ----- ----- ----- ----- ----- ----- ----- -----
Garnet
Lake
MHG9-5 29.65 14 17 15 18 2 3 - 2 -
MHG9-7 21.20 9 4 6 3 3 1 1 1 -
MHG9-13 57.05 8 11 9 11 5 6 1 - 1
------- ---- ----- ----- ----- ----- ----- ----- ----- -----
Totals 107.90 31 32 30 32 10 10 2 3 1


Kimberlite Total Wt+ Wt-
Sample Diamonds (milligrams)

Garnet Lake
MHG9-5 71 5.448 1.206
MHG9-7 28 3.769 0.500
MHG9-13 52 8.393 1.303
-----------------------------
Totals 151 17.610 3.009

Notes: Wt+ refers to the weight of macrodiamonds (greater than 500 microns)
Wt- refers to the weight of microdiamonds (greater than 75 microns and
less than 500 microns)

The Garnet Lake sample site is a narrow drainage leading north into a 200m x
175m lake. Kimberlite was found across a width of approximately 15m at the mouth
of the lake and samples could be traced back at least 40m to the south. The
kimberlite is closely constrained to the drainage basin. No other kimberlite was
found in the immediate area outside the basin or upon surveying around the lake.
It is believed therefore that the kimberlite has been frost heaved to the
surface from a nearby in-situ source below.

New Millennium Resources NL, of Perth, Australia, has a joint venture with
Hudson Resources and has a 20% interest in the diamond project in the Sarfartoq
License area.

'We are extremely pleased with the results from the Garnet Lake area' stated
James Tuer, president of Hudson. 'The really exciting aspect about the find at
Garnet Lake is that it validates our belief that there should be further
occurrences like this in the region based on the extent of the kimberlite
indicator mineral chemistry found in the tills. We are currently undertaking
work to determine the chemistry and geophysical response of this source in order
to extrapolate it across the licence area.'

Hudson Resources intends to initiate a drill program in February or March of
2005 to confirm the existence of buried in-situ kimberlite and to determine its
extent.

The samples were processed by the Geoanalytical Laboratories at the Saskatchewan
Research Council ('SRC'), Saskatoon, Saskatchewan, an independent laboratory.
SRC GeoAnalytical Laboratories is accredited to the ISO/IEC 17025 standard by
the Standards Council of Canada as a testing laboratory for specific tests. Dr.
Mark Hutchison, Trigon GeoServices Ltd., was in charge of the collection of the
samples in Greenland and managed the chain of custody from the field to the SRC.
He is co-ordinating the description and scientific interpretation of the finds
in order to facilitate ongoing exploration and drilling. Dr. John Ferguson
oversaw the program and is a qualified person under National Instrument 43-101.

John Cross, CEO/Managing Director of New Millennium stated, 'Hudson's find on
our ground in Greenland is an exciting development for New Millennium. It fits
in very well with the Company's diamond strategy in Africa. While Hudson
continues its exploration program in Greenland, New Millennium is able to focus
its resources on developing its African concession.'

New Millennium's diamond concession in Angola is close to commencing production.
New Millennium's purchase of US$2 million in plant and equipment has already
arrived in Angola and will be commissioned on site within the month.

Contact:

New Millennium Resources NL

John M. Cross (Managing Director) Tel: +61 414 375 758

jcross@new-millennium.com.au

Shane M. Healy (Finance Director) Tel:+61 414 809 010

shealy@new-millennium.com.au

aldwickk - 17 Sep 2004 11:40 - 79 of 1909

No more buys since 9.08 am, thought there would be some big buying after 10 am

legend290782 - 17 Sep 2004 13:10 - 80 of 1909

There have been a few buys in... they were late in processing them. I am waiting anxiously for the RNS on the Luanda project due out... everyone seems bullish about the prospects there.

Andy - 17 Sep 2004 23:28 - 81 of 1909

aldwick,

There certainly were some buys after 9.08 :-)

swiss tony - 19 Sep 2004 13:51 - 82 of 1909

Well Well,
NML
I hope that not a lot of people have noticed this one, it looks like an absalute gift from the gods. I will be buying first thing Monday, it looks like a double your money in a few weeks play. My thank's to all the very informed posters

Andy - 19 Sep 2004 16:50 - 83 of 1909

Intercept,

If you keep going back and looking at old company RNS', you run the risk of missing the latest news, and why the price is moving upwards!

We've all moved on from that RNS, everyone knows what happened, so no point looking backwards IMHO.

the latest FACTS, as presented to the LSE, are as follows;

NML have purchased mining equipment from the Badenhorst Brothers, experienced diamond miners, from Kimberley, S.Arica.

This mining equipment has been shipped from Cape Town to Angola, and cleared customs.

This equipment has crossed Angola in a convoy, and is either traversing the last few miles of off road track, or has already arrived at the minesite.

The Badenhorst brothers will construct their former equipment, and manage the onsite operations. They are confident they will be mining diamonds from the off, and "can't wait to start" according to one quote from them!

They have recruited all the required personnel for the operation to commence.

I am awaiting the next RNS, which, hopefully, will confirm that mining has commenced.

Either way, we will know shortly, and I increased my investment on Friday as I am hopeful that the price will rise from here provided of course the mining startup is sucessful, the diamonds are of the anticipated quality, and the grades are good.

We won't have long to wait IMHO!

Enjoy.

Andy - 19 Sep 2004 16:58 - 84 of 1909

swiss tony,

You are right, NML is a start up story yet to reach the masses, only a few in this one at the moment.

I would suggest you have a look at the company website for some research;

www.new-millennium.com.au

A link to a PDF file re the Lapi concession is available here;

www.new-millennium.com.au/download/Info%20Memo%20for%20Valuation%20Report%2014May04.pdf

Hope this is of some use to you,

Andy.


Andy - 19 Sep 2004 19:22 - 85 of 1909

A small mention from www.minesite.com


"And then there was the rather silent company New Millennium Resources which saw its share price jump by 0.625p to 5.75p after it announced diamond finds in
Greenland. The company said that it had found 120 diamonds in excess of 106 microns, recovered from 1 sample location in its Sarfatoq Exploration License Area. It said 9 of the finds are classified as macrodiamonds. The discoveries are in association with its partner, Hudson Resources of Canada."

nkirkup - 23 Sep 2004 15:11 - 86 of 1909

RNS released today and comment as follows:
Road not yet built to the mine site.
Equipment won't be set up till next month.
Actual production to start end of the year.
We won't be getting rich till after Christmas!

Andy - 23 Sep 2004 18:01 - 87 of 1909

nkirkup,

A slight distortion of the facts there I think!

I have posted the FULL RNS below, for everyone to peruse, and as you can see, it's upbeat, and I see this as very positive news, given the problems of starting up a mine if a country such as Angola.

----------------------------------------

RNS Number:2537D
New Millennium Resources NL
23 September 2004


New Millennium Resources NL

Lapi Project Update

AFRICAN MINE SITE DEVELOPMENT ON TRACK
FOR DIAMOND PRODUCTION BY END 2004

* Development of Lapi alluvial project remains on schedule
* Equipment arrived & mining camp under construction


AIM-listed New Millennium Resources NL (NML), the international diamond
exploration company with projects in Greenland and Africa, announces today that
development on the Lapi alluvial diamond mining project in Angola is progressing
according to schedule. The project is on track for production to commence by the
end of this year.

The mining plant and processing equipment acquired in South Africa for the
project has been transported from Port Luanda to Saurimo. The equipment has
reached Saurimo via a 40 truck convoy from Luanda, the Capital city of Angola
and is located on the West Coast of Africa. Saurimo is the provincial centre for
the region and is located approximately 35 km south of the Company's mine site
at Lapi in northeastern Angola.

Construction of a road was required from Saurimo to the mine site to enable
heavy equipment to pass. Twenty-three kilometers of that road has already been
completed and Base Camp #1 has been established approximately twenty kilometers
from the mine site. The remaining portion of road is expected to be completed by
the end of this month. The commencement mine site is located on the banks of the
Rio Lapi and is currently occupied by the Company's 30 man security contingent.

It is expected that the plant and equipment will all be on the mine site and
fully assembled early next month. The Company will continue to release regular
exploration updates as the mine construction and pre-production continues. The
mine is expected to enter production by the end of 2004 and to begin to generate
significant cash flow shortly thereafter.

John Cross, Managing Director of New Millennium Resources, commented:

"After the announcement last week that Hudson Resources, NML's joint venture
partner, has found kimberlitic diamonds in Greenland, we are pleased to report
that the progress on the Lapi alluvial diamond project in Africa is also
progressing according to plan. With the arrival of the equipment and the
construction of the mine site camp we have taken the next step towards our goal
of African diamond production by the end of 2004".

The Lapi project, consisting of the C9 diamond concession, is owned as a joint
venture by NML (34%), the Angolan state diamond company ENDIAMA (51%) and local
group MOMBO (15%), and is located in the north east of Angola in the Lunde Sul
Province, straddling the Rio Chicapa and Rio Luo river systems. The area
surrounding these river systems is known to contain diamondiferous gravels, and
measured resources at the C9 diamond project are calculated at 188,000cts. In
addition indicated resources of 3.79Mcts and inferred resources of 4.80Mcts have
been reported.

Contact:

New Millennium Resources NL

John M. Cross (Managing Director) Tel: +61 414 375 758
jcross@new-millennium.com.au

Shane M. Healy (Finance Director) Tel: +61 414 809 010
shealy@new-millennium.com.au

Seymour Pierce Ltd
Jeremy Porter Tel: + 44 20 7107 8000
Jeremyporter@seymourpierce.com

Capital PR
Cindy Dennis Tel: +44 20 7902 0701
cindy@capitalww.com

About New Millennium Resources NL

New Millennium Resources NL is an AIM-listed international diamond exploration
and development company with active projects in Greenland and Africa. NML holds
a significant (34%) interest in the high quality C9 Lapi diamond project in
Angola, and is set to enter production by end 2004 and with the expectation of
substantial cash flow for the company.


This information is provided by RNS
The company news service from the London Stock Exchange

END
MSCQKNKKCBKKOCB

safe hands - 23 Sep 2004 23:07 - 88 of 1909

I thought that was Phineus Taylor Barnum that said that!!! So what do you think will happen then intercept??!!!

aldwickk - 24 Sep 2004 11:56 - 89 of 1909

Dont ask its all de-ramping lies same old recycled rubbish.

nkirkup - 30 Sep 2004 09:52 - 90 of 1909

I expected another RNS by the end of this month, but fear no progress has been made to the mine start-up yet. Has anyone heard any news elseware.

nkirkup - 30 Sep 2004 13:12 - 91 of 1909

Noticed shares mags artical on diamond miners did not mention NML, which could be a good thing, but still getting nervious.

Baughfell - 30 Sep 2004 21:33 - 92 of 1909

LOL!

1000 hours = 41 days at 24 hrs per day. How many millions of times have you been told not to exaggerate!

A dead cert.

Andy - 01 Oct 2004 00:25 - 93 of 1909

Intercept,

What utter tosh!

If this is "such a con" why would you waste 1000 hours "researching" this stock? LOL!

Goldfinger may be a good trader, but surely even he must get some wrong?
or miss a few that were good prospects?

There are 3000 stocks on the LSE, Goldfinger cannot have time to research them all, so without any lack of respect to him, even he can't win them all!

goldfinger - 01 Oct 2004 11:06 - 94 of 1909

Soory but its best to stay neutral on occasions like this.

Best luck to all.

cheers GF.

legend290782 - 01 Oct 2004 18:46 - 95 of 1909

I will be honest, I know absolutely nothing about exploration stocks... I just got it tipped by someone that is a usually reliable tipster. I bought at 4.25 and sold (not many 25k) at 5.20 p and was very happy with my return.

These types of shares either go one way or another. I am with the GF on this one.

I like stocks with value... take a look at Belgravium Technologies (BVM) and Broker Network Holdings (BNH).. a piece of mine was published in shares mag not so long back... and IC have put someone onto it.. due to report before end of nov

DYOR
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