PRECIOUS METALS STOCKS
1. AFRICAN PLATINUM PLC (AFRPF.PK)
WEBSITE: http://www.afplats.com/cws/projects/afplats/index.jsp
COMPANY PROFILE:
Download document: Fact Sheet
http://www.afplats.com/about/Afplats Fact Sheet November%
202005.pdf
OR
http://tinyurl.com/cx797
African Platinum plc (Afplats) is an exploration, investment and
development business focused on platinum group metals (PGMs).
It was listed on the London Stock Exchange's Alternative Investment
Market (AIM) in 2002.
Its goals are to identify and acquire quality PGM exploration and
mining projects in Africa; to establish a resource base in excess of
100 million ounces 4E (the 3 platinum group metals plus gold); to
position itself as a premier institutional-quality platinum
investment opportunity in the global market and to elevate the
company to the top mid-tier PGM companies by upgrading its resource
status.
Afplats currently has two main areas of interest, the flagship
Leeuwkop project, situated on the western limb of South Africa's
Bushveld Igneous Complex (BIC), the world's major platinum region,
and the Molopo Farms prospect, situated on the relatively under-
explored Molopo Farms Igneous Complex (MFIC) in neighbouring country
Botswana.
The Leeuwkop project consists of the Leeuwkop and Imbasa properties
over which Afplats has been granted the prospecting rights, and the
Inkosi property that lies adjacent to Imbasa.
The Imbasa project consists of an east and a west portion that lie
adjacent to the Leeuwkop project where SAR has been drilling since
November 2003.
The confirmed mineral resource base at Leeuwkop currently stands at
approximately 50 million ounces 4E, including approximately 8 million
ounces of indicated resources. Ongoing exploration is expected to
increase this to more than 100 million ounces 4E.
The scoping study envisages a 300,000 ounce 4E per year mining and
concentrating operation at Leeuwkop. This forms part of Afplats's
strategy to develop multiple mines on the property.
With cash resources of approximately US$21 million at end September
2005 and no debt, Afplats has sufficient cash to complete the
bankable feasibility study on the Leeuwkop project, and meet its
exploration and overhead expenses, until project development funding
has been secured.
In line with Afplats' plan to diversify outside South Africa, the
company acquired prospecting rights over prospective platinum group
metals targets in neighbouring countries, including Mozambique,
Botswana and Zimbabwe, to prepare for the anticipated future demand
for PGMs worldwide.
The company has met the provisions of the South African Black Economic
Empowerment Charter and is in the process of finalising all necessary
agreements and arrangements with its identified empowerment partners.
Afplats is well-capitalised and has successfully attracted blue-chip
American and European investors to its share register, including
Fidelity, North Sound, US Global, Royce Value Fund, Rubicon and
Tocqueville Gold Fund.
It has a highly experienced board with proven track records of
technical success and value creation, and has made significant
progress in assembling a suitable management team. In essence, the
board's strategy is to consolidate its current mineral rights,
continue to source additional mineral rights, manage an effective and
successful exploration programme and development the current
resources into productive mining operations.
______________________________________________________________________
2. Metallic Ventures Inc. (MVG.TO)
WEBSITE: http://www.metallicventuresgold.com/s/Home.asp
COMPANY PROFILE:
Download document: Fact Sheet
http://www.metallicventuresgold.com/i/pdf/MVG FACT SHEET_ash
(FINAL).pdf
Metallic Ventures Gold Inc. (TSX: MVG) has established itself with an
impressive inventory of gold assets primarily within the State of
Nevada. MVG controls two pre-feasibility projects, Converse and
Goldfield, and eight exploration projects. MVG's current combined
resource base is 5.96 million measured and indicated ounces of gold,
0.84 million inferred ounces of gold and 17 million ounces of silver.
Currently, MVG is focused on advancing Converse and Goldfield through
scoping and feasibility studies. The Converse Project is one of the
largest undeveloped gold resources in Nevada and is located in
Humboldt County on the northern end of the Battle Mountain trend near
Newmont's Lone Tree Mine and Glamis' Marigold Mine. The Goldfield
property is located approximately 270 miles southeast of Reno.
MVG's decision to focus on Converse and Goldfield creates the
opportunity to joint venture the exploration projects to qualified
companies. Metallic Ventures intentionally focused in Nevada for its
numerous advantages including: a US dollar cost base with political
stability, asset security, established infrastructure, a favorable
permitting environment, and a skilled mining workforce. In addition,
Nevada is the largest gold producer in the US and third largest gold
producer in the world, following South Africa and Australia.
Metallic Ventures Gold Inc. has a strong management team and is well
funded (US$20 million in treasury), has no debt, with excellent near
term production potential at Converse and Goldfield.
Management is committed to increasing shareholder value by advancing
Converse and Goldfield toward production, while continuing the
exploration program through the joint venture structure which will
increase exposure to new discoveries while preserving capital.
INVESTMENT HIGHLIGHTS
• Proven and committed senior management
• World class property position in Nevada
• Converse and Goldfield each have the potential to host
multi-million ounce deposits
• Strong balance sheet
MARKET FACTS
SYMBOL : MVG, MVG.WT
LISTING: TSX
SHARES O/S: 51.3 MN
FULLY DILUTED: 59.3 MN
RESOURCES:
MEASURED+INDICATED 5.96 MN
INFERRED 0.84 MN
Metallic Ventures Gold Inc.
CORPORATE OFFICE
5450 Riggins Court, Suite 2
Reno, Nevada
Phone: 775-826 7567
Fax: 775-826 4314
Email: mvg@metallicventuresgold.com
Website: metallicventuresgold.com
______________________________________________________________________
3. CARNAC RESOURCE CORP. (CCM.TO; CRCUF.PK)
WEBSITE: http://www.canarc.net/
POWERPOINT PRESENTATION:
http://www.canarc.net/ppt/Canarc2005_files/frame.htm
COMPANY PROFILE:
Canarc Resource Corp. is a growth-oriented gold exploration and mining
company listed on the Toronto Stock Exchange (symbol CCM) and the OTC
Market (symbol CRCUF).
The Company owns interests in one small producing gold mine in South
America, two large gold deposits ready for development in North and
Central America, and several strategic exploration projects that have
the potential for significant new mineral discoveries.
Canarc's principal asset is the 1.3 million oz. (not N.I 43-101
compliant) gold resource on its New Polaris property (100% Canarc)
located in northwestern British Columbia. A high grade, past
producing underground mine, New Polaris is one of the largest gold
deposits in Western Canada. The resource estimate precedes National
Instrument 43-101 and is not compliant with it and therefore should
not be relied upon.
Our most advanced development project is the 1 million oz. Bellavista
gold deposit (20% carried interest after payback) in Costa Rica.
Glencairn Gold, the Operator, has identified a 550,000 oz. higher
grade, proven mineable reserve that is amenable to open pit heap
leach operations with low US$ 257 per oz. operating costs. Glencairn
recently announced that it has poured its first gold bars at the new
Bellavista mine.
The Sara Kreek gold mine is a small open pit placer operation (80%
Canarc) in the Republic of Suriname. Production was approximately
5,000 oz. and the mine operated at about break-even in 2003.
The Company recently announced an exciting new gold discovery on its
Benzdorp property (80% option) in Suriname, South America. The
initial discovery target called the JQA is a large, low grade, open
pit gold porphyry prospect with multi-million ounce potential. An
exploration program is underway to better define the JQA discovery
for drilling, do more detailed sampling on several other gold
prospect areas prior to the next drilling program and generate new
target areas.
Canarc's management team and Board of Directors have decades of
experience in exploration and mining, much of it with senior
companies. Major shareholders and joint venture partners include
Barrick Gold and Kinross Gold.
With 58.5 million shares issued trading at CA $0.40 to $0.45 per
share, Canarc is undervalued compared to other junior gold companies
and offers substantial upside potential for prudent investors.
*Although the company has no debt, it currently doesn't have the
necessary funding to aggressively pursue its business plan.
______________________________________________________________________
1. AFRICAN PLATINUM PLC (AFRPF.PK)
WEBSITE: http://www.afplats.com/cws/projects/afplats/index.jsp
COMPANY PROFILE:
Download document: Fact Sheet
http://www.afplats.com/about/Afplats Fact Sheet November%
202005.pdf
OR
http://tinyurl.com/cx797
African Platinum plc (Afplats) is an exploration, investment and
development business focused on platinum group metals (PGMs).
It was listed on the London Stock Exchange's Alternative Investment
Market (AIM) in 2002.
Its goals are to identify and acquire quality PGM exploration and
mining projects in Africa; to establish a resource base in excess of
100 million ounces 4E (the 3 platinum group metals plus gold); to
position itself as a premier institutional-quality platinum
investment opportunity in the global market and to elevate the
company to the top mid-tier PGM companies by upgrading its resource
status.
Afplats currently has two main areas of interest, the flagship
Leeuwkop project, situated on the western limb of South Africa's
Bushveld Igneous Complex (BIC), the world's major platinum region,
and the Molopo Farms prospect, situated on the relatively under-
explored Molopo Farms Igneous Complex (MFIC) in neighbouring country
Botswana.
The Leeuwkop project consists of the Leeuwkop and Imbasa properties
over which Afplats has been granted the prospecting rights, and the
Inkosi property that lies adjacent to Imbasa.
The Imbasa project consists of an east and a west portion that lie
adjacent to the Leeuwkop project where SAR has been drilling since
November 2003.
The confirmed mineral resource base at Leeuwkop currently stands at
approximately 50 million ounces 4E, including approximately 8 million
ounces of indicated resources. Ongoing exploration is expected to
increase this to more than 100 million ounces 4E.
The scoping study envisages a 300,000 ounce 4E per year mining and
concentrating operation at Leeuwkop. This forms part of Afplats's
strategy to develop multiple mines on the property.
With cash resources of approximately US$21 million at end September
2005 and no debt, Afplats has sufficient cash to complete the
bankable feasibility study on the Leeuwkop project, and meet its
exploration and overhead expenses, until project development funding
has been secured.
In line with Afplats' plan to diversify outside South Africa, the
company acquired prospecting rights over prospective platinum group
metals targets in neighbouring countries, including Mozambique,
Botswana and Zimbabwe, to prepare for the anticipated future demand
for PGMs worldwide.
The company has met the provisions of the South African Black Economic
Empowerment Charter and is in the process of finalising all necessary
agreements and arrangements with its identified empowerment partners.
Afplats is well-capitalised and has successfully attracted blue-chip
American and European investors to its share register, including
Fidelity, North Sound, US Global, Royce Value Fund, Rubicon and
Tocqueville Gold Fund.
It has a highly experienced board with proven track records of
technical success and value creation, and has made significant
progress in assembling a suitable management team. In essence, the
board's strategy is to consolidate its current mineral rights,
continue to source additional mineral rights, manage an effective and
successful exploration programme and development the current
resources into productive mining operations.
______________________________________________________________________
2. Metallic Ventures Inc. (MVG.TO)
WEBSITE: http://www.metallicventuresgold.com/s/Home.asp
COMPANY PROFILE:
Download document: Fact Sheet
http://www.metallicventuresgold.com/i/pdf/MVG FACT SHEET_ash
(FINAL).pdf
Metallic Ventures Gold Inc. (TSX: MVG) has established itself with an
impressive inventory of gold assets primarily within the State of
Nevada. MVG controls two pre-feasibility projects, Converse and
Goldfield, and eight exploration projects. MVG's current combined
resource base is 5.96 million measured and indicated ounces of gold,
0.84 million inferred ounces of gold and 17 million ounces of silver.
Currently, MVG is focused on advancing Converse and Goldfield through
scoping and feasibility studies. The Converse Project is one of the
largest undeveloped gold resources in Nevada and is located in
Humboldt County on the northern end of the Battle Mountain trend near
Newmont's Lone Tree Mine and Glamis' Marigold Mine. The Goldfield
property is located approximately 270 miles southeast of Reno.
MVG's decision to focus on Converse and Goldfield creates the
opportunity to joint venture the exploration projects to qualified
companies. Metallic Ventures intentionally focused in Nevada for its
numerous advantages including: a US dollar cost base with political
stability, asset security, established infrastructure, a favorable
permitting environment, and a skilled mining workforce. In addition,
Nevada is the largest gold producer in the US and third largest gold
producer in the world, following South Africa and Australia.
Metallic Ventures Gold Inc. has a strong management team and is well
funded (US$20 million in treasury), has no debt, with excellent near
term production potential at Converse and Goldfield.
Management is committed to increasing shareholder value by advancing
Converse and Goldfield toward production, while continuing the
exploration program through the joint venture structure which will
increase exposure to new discoveries while preserving capital.
INVESTMENT HIGHLIGHTS
• Proven and committed senior management
• World class property position in Nevada
• Converse and Goldfield each have the potential to host
multi-million ounce deposits
• Strong balance sheet
MARKET FACTS
SYMBOL : MVG, MVG.WT
LISTING: TSX
SHARES O/S: 51.3 MN
FULLY DILUTED: 59.3 MN
RESOURCES:
MEASURED+INDICATED 5.96 MN
INFERRED 0.84 MN
Metallic Ventures Gold Inc.
CORPORATE OFFICE
5450 Riggins Court, Suite 2
Reno, Nevada
Phone: 775-826 7567
Fax: 775-826 4314
Email: mvg@metallicventuresgold.com
Website: metallicventuresgold.com
______________________________________________________________________
3. CARNAC RESOURCE CORP. (CCM.TO; CRCUF.PK)
WEBSITE: http://www.canarc.net/
POWERPOINT PRESENTATION:
http://www.canarc.net/ppt/Canarc2005_files/frame.htm
COMPANY PROFILE:
Canarc Resource Corp. is a growth-oriented gold exploration and mining
company listed on the Toronto Stock Exchange (symbol CCM) and the OTC
Market (symbol CRCUF).
The Company owns interests in one small producing gold mine in South
America, two large gold deposits ready for development in North and
Central America, and several strategic exploration projects that have
the potential for significant new mineral discoveries.
Canarc's principal asset is the 1.3 million oz. (not N.I 43-101
compliant) gold resource on its New Polaris property (100% Canarc)
located in northwestern British Columbia. A high grade, past
producing underground mine, New Polaris is one of the largest gold
deposits in Western Canada. The resource estimate precedes National
Instrument 43-101 and is not compliant with it and therefore should
not be relied upon.
Our most advanced development project is the 1 million oz. Bellavista
gold deposit (20% carried interest after payback) in Costa Rica.
Glencairn Gold, the Operator, has identified a 550,000 oz. higher
grade, proven mineable reserve that is amenable to open pit heap
leach operations with low US$ 257 per oz. operating costs. Glencairn
recently announced that it has poured its first gold bars at the new
Bellavista mine.
The Sara Kreek gold mine is a small open pit placer operation (80%
Canarc) in the Republic of Suriname. Production was approximately
5,000 oz. and the mine operated at about break-even in 2003.
The Company recently announced an exciting new gold discovery on its
Benzdorp property (80% option) in Suriname, South America. The
initial discovery target called the JQA is a large, low grade, open
pit gold porphyry prospect with multi-million ounce potential. An
exploration program is underway to better define the JQA discovery
for drilling, do more detailed sampling on several other gold
prospect areas prior to the next drilling program and generate new
target areas.
Canarc's management team and Board of Directors have decades of
experience in exploration and mining, much of it with senior
companies. Major shareholders and joint venture partners include
Barrick Gold and Kinross Gold.
With 58.5 million shares issued trading at CA $0.40 to $0.45 per
share, Canarc is undervalued compared to other junior gold companies
and offers substantial upside potential for prudent investors.
*Although the company has no debt, it currently doesn't have the
necessary funding to aggressively pursue its business plan.
______________________________________________________________________