Canamex Res. / CSQ (CVE)

  • The Bruner Project


    The Bruner project is comprised of 98 unpatented and 21 patented mining claims covering a total of ~2100 acres. The project is located in central Nevada near the Paradise Peak Mine (15 miles south), Round Mountain Mine about 45 miles southeast and the Rawhide mine about 25 miles west. Historic production includes approximately 100,000 ounces at an average grade of 0.56 opt gold.


    Historic work by Morrison-Knudsen, Miramar, Glamis, Newmont, Kennecott and others identified a low-grade resource near the center of the property. The work by Newmont, Kennecott and Miramar was summarized in a report by John Schilling in 1991. The resource section of the report identifies approximately 383,000 ounces of gold within the January-Duluth area of the project (this is not a NI 43-101 defined resource). Since that time an additional 75 holes have been drilled within and along strike of the resource area. There has been no definitive report of resources since the 1991 report.


    The project is similar to the nearby Round Mountain Mine. The Round Mountain Mine has produced over 10 million ounces of gold over a 30 year period. Recent reserve figures for Round Mountain indicate an additional 5 million ounces in the main pit and another 3 million ounces of reserves exist at the Gold Hill project just three miles north. The mine produces gold at an average grade of 0.018 opt while occasionally processing high grade stringers.


    The Bruner project contains fractured welded tuff with stockwork quartz veining and narrow high grade gold veins. This setting is very similar to Round Mountain. Several holes have intersected +1 oz/ton gold values over 5 to 10 foot intervals. However, the average grade of the resource is more in line with a 0.025 oz/ton range. Schilling’s resource contains several cross-sections showing the average tenor of the material in both underground sampling and drill holes to be 0.027 oz/ton. The resource area is open along strike and to depth. Bruner contains at least four additional targets of merit. These targets are defined by historic workings, mapping, surface sampling and drilling.


    Canamex believes the project has many similarities to the Round Mountain and Gold Hill deposits. These similarities suggest excellent potential for the property to host 1.5 to 3 million ounces of gold within the project boundaries



    http://en.wikipedia.org/wiki/Round_Mountain,_Nevada

  • Canamex and GMV Enter into Option Agreement on Large Prospective Gold Acreage in Guyana
    VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 07/06/11 -- Canamex Resources Corp. (TSX VENTURE: CSQ)(FRANKFURT: CX6) ("Canamex") and GMV Minerals Inc. (TSX VENTURE: GMV) ("GMV") through its wholly-owned subsidiary GMV Guyana Resources Inc., are pleased to announce they have entered into an option and joint venture agreement covering a large land package containing nominally 98,000 acres in a highly prospective gold region in Guyana, subject to receipt of regulatory approval. The land package is referred to as Aranka North, and lies to the northeast of the major gold discoveries by Guyana Goldfields at Aurora and Sulfur Rose, and their reported new discovery at Aranka, all of which lie along a northeast trend. The Aranka North land package lies further to the northeast along this well-mineralized and highly prospective gold trend. There is active alluvial mining going on within the land package along the Waini River system, and management believes the source of the alluvial gold is in the outcropping and shallow bedrock at the headwaters of the gold-bearing alluvial drainages within the land package.


    GMV has recently flown an airborne geophysical survey over the Aranka North land package as part of their exploration program on most of their land holdings in Guyana, and Canamex has agreed to acquire this geophysical data from GMV as part of the transaction. Regional geophysics flown previously by the Guyana government reveals a pronounced aeromagnetic anomaly in the headwaters region of the alluvial mining that will be an initial focus of Canamex's exploration on the Aranka North property.


    Canamex has incorporated a wholly-owned Guyanese entity, Canamex Guyana Inc. ("Canamex Guyana"), to enter into this transaction and to do business in Guyana. Canamex Guyana has engaged Mr. Deryck Khan, a resident of Georgetown Guyana, as its Country Manager. Mr. Khan is an established businessman in Georgetown, has been an alluvial miner for many years, knows the gold-bearing districts of Guyana, the people in the gold business in Guyana, and the administrative and regulatory process and requirements for doing business in Guyana.


    Canamex, through Canamex Guyana, has been granted an option to acquire up to a 100% interest in the Aranka North properties by making cash payments to GMV totaling US$520,627.62 over the next 36 months, expending US$1,000,000 in exploration work on the properties before December 31, 2013, and issuing a total of 3,750,000 shares to GMV in stages as follows: (a) 1,500,000 shares upon approval of the transaction by the TSX Venture Exchange (Approval Date), (b) 1,250,000 within 18 months of the Approval Date, and (c) 1,000,000 shares within 36 months of the Approval Date. In addition, upon exercise of the option, Canamex has agreed to pay GMV US$500,000 cash and issue 500,000 shares in the capital stock of Canamex to GMV for every 500,000 ounces of gold contained in measured and indicated resources as referenced in a National Instrument 43-101 qualifying report, up to a maximum of US$2,000,000 and 2,000,000 shares of Canamex.


    A finder's fee will be paid in connection with this transaction to Bear Trade Corporation in accordance with the policies of the TSX Venture Exchange.


    Canamex continues to review and negotiate on a number of other land packages in the Guyana gold region that it believes are highly prospective for significant bedrock gold deposits. Canamex intends to be in a position to commence field programs on the Aranka North properties aggressively in the fall dry season beginning in August 2011, and on the other properties as they are secured.

  • Canamex Announces Change of Directors and Stock Option Grant
    Jul 7, 2011 12:06:00 PM


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    Email story | Discuss on ZenoBank | View more ads VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 7, 2011) - Canamex Resources Corp. (TSX VENTURE:CSQ)(FRANKFURT:CX6) is pleased to announce the appointment of W. Pierce Carson and Robert Kramer to the Board of Directors. Mr. Basil Pantages has stepped down as a director, and the Company wishes to thank him for his services provided. The Company welcome's the expertise that will be provided to the Board by each of Messrs. Carson and Kramer.


    Dr. Carson, Ph.D. Geology, has over 35 years of international mining experience, and has managed the discovery, financing, development and operation of precious metals, base metals and industrial mineral properties in the U.S., Australia and other countries. He has been President and CEO of Santa Fe Gold Corporation since 2003. From 1981 to 2000, Dr. Carson worked for Nord Pacific Limited and Nord Resources Corporation in senior management capacities, including President and CEO. Prior to 1981, he managed exploration programs for Exxon Minerals Company and Kennecott Copper Company. Dr. Carson holds a Bachelors Degree in Geology from Princeton University, and M.S. and Ph.D. Degrees in Economic Geology from Stanford University.


    An accounting professional with over 35 years of business experience, Mr. Kramer, CA, CPA, has served in senior executive, director and non-executive director positions with public natural resource and technology companies trading on exchanges in both Canada and the United States. Most recently, Mr. Kramer was Chair of the Audit Committee of Silver Bull Resources Inc. (formerly Metalline Mining Company/NYSE AMEX and TSX) and was co-lead director on structuring a merger with a Vancouver-based entrepreneurial and mineral exploration group that resulted in an increase in Metalline's market capitalization from $20 million pre-merger a year and a half ago to approximately $80 million today. He holds a degree in economics from the University of California at Berkeley, and is a member of the Canadian Institute of Chartered Accountants, a Registered Certified Public Accountant in the State of Illinois, and a Fellow of The Institute of Chartered Secretaries and Administrators.


    "I believe Canamex has significant potential, and am excited to be involved," states Kramer. "The Bruner property is well located in Nevada, and with its historic gold resource which will be the focus of drilling this year, should provide the Company with a solid foundation. The Guyana property is located in an area with active alluvial gold mining, and appears to be highly prospective. I believe we are well positioned to achieve our objective of substantially increasing shareholder value."


    For clarification, the following now comprise the officers and directors of the Company:



    Greg Hahn - President and CEO
    Richard Barnett - Secretary and CFO
    Herb Duerr - Director
    Mike Stark - Director
    Mark Billings - Director
    Robert Kramer - Director
    W. Pierce Carson - Director


    The Company also announces the grant, pursuant to the Company's 10% Rolling Stock Option Plan which was approved by shareholders on September 9, 2010 and accepted for filing by the TSX Venture Exchange on October 1, 2010, of options to certain eligible participants for the purchase an aggregate of 525,000 common shares, exercisable in whole or in part on or before July 6, 2016, at a price of $0.22 per share.


    ON BEHALF OF THE BOARD

    • Offizieller Beitrag

    ...wieder zur Kasse bitten. Mit einer Mio cash kommen die dort nicht weit, ist zu vermuten. Allein die Reise- und Aufenthaltskosten in Guayana für das Personal und die Löhne....


    Lucky

    "Das einzige Geld, auf das ich mich verlassen kann, ist das Gold, das ich besitze" J.Sinclair
    "Omikron ist die Impfung, die herzustellen man verpasst hat" Lungenfacharzt in Uganda
    "The whole game is rigged" Gerald Celente

  • Canamex Commences Exploration Activities on Aranka North Property, Guyana
    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 4, 2011) - Canamex Resources Corp. (TSX VENTURE:CSQ)(FRANKFURT:CX6) is pleased to announce that it has commenced exploration activities on the Aranka North property in Guyana, acquired under an option agreement with GMV Minerals Inc. (GMV) (see News Release dated July 6, 2011), which agreement was accepted for filing by the TSX Venture Exchange on August 2, 2011. In accordance with the terms of the agreement, on August 3, 2011, the Company issued 1,500,000 common shares to GMV, as well as 348,586 common shares as a finder's fee in connection with the property acquisition, which shares are subject to a hold period expiring on December 4, 2011.


    Mr. Brian Doubt has been hired as Operations Manager for the Company's wholly-owned subsidiary in Guyana, Canamex (Guyana) Inc. Mr. Doubt was most recently Logistics Manager for Guyana Goldfields in Guyana, with previous employment experience as Field or Logistics Manager for Shoreham Resources (now Guyana Frontier Resources), Hunter Dickenson, Newmont, and many others over the course of his career. Mr. Doubt is a dual Canadian-Guyanese citizen and resides with his family in a suburb of Georgetown, Guyana.


    The Company has advised GMV that it intends to acquire the airborne geophysical data that was acquired by GMV over the Aranka North property, and those data are being transferred to Canamex's geophysical consultant for interpretation and presentation. Several aeromagnetic anomalies that are visible on the regional aeromagnetic data are expected to have finer definition and resolution on the more detailed survey recently flown, and we are awaiting completion of processing and delivery of the radiometric data.


    Canamex has commenced acquisition of field vehicles and equipment for its initial reconnaissance into the Aranka North property this month. Once access is established, stream sediment sampling and mapping of alluvial gold occurrences will occur to identify the source of the alluvial gold. Once the source regions are indicated, geologic mapping and soil sampling will follow. Interpretation of airborne geophysical data will be followed by line cutting and detailed ground surveying over the anomalous areas to establish control on the anomalies and proximity and relation the source drainages of the alluvial gold occurrences.


    "This is an exciting time for Canamex, as it launches its exploration activities in one of the largest emerging gold districts in the world. The Aranka North property is at the northeastern end of a trend of gold deposits containing, among others, the Toroparu deposit of Sandspring Resources and the Aurora and Sulfur Rose deposits of Guyana Goldfields, which combined contain an estimated 14 million ounces of gold," says President CEO Greg Hahn.


    The Company continues to negotiate several other acquisitions at key locations in the Guyana goldfields.


    ON BEHALF OF THE BOARD


    "Greg Hahn"


    Greg Hahn, President and CEO

  • Canamex Resources Corp.: Airborne Geophysical Survey at Aranka North Property in Guyana Yields Fifteen Large Anomalies for Follow-up Work
    Sep 13, 2011 7:00:00 AM


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    Email story | Discuss on ZenoBank | View more ads VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 13, 2011) - Canamex Resources Corp. (the "Company") (TSX VENTURE:CSQ)(FRANKFURT:CX6) is very pleased to report on the preliminary results of interpretive work being performed on airborne magnetic and radiometric data acquired over the Aranka North Property in Guyana by International Geophysical Services, LLC in Lakewood, Colorado.


    The initial interpretive work has identified fifteen large, discrete anomalies, all of which have dimension of 2-4 kilometers long and 1-3 kilometers wide within larger shear zones. Two strong NE-trending shear zones are identified in the airborne magnetic data, which juxtapose granitic rocks against metasedimentary and metavolcanic rocks, are similar to the host structural environment of the major shear-zone hosted gold deposits in Ghana. Ghana boasts production and current reserves of over 120 million ounces of gold from shear zone hosted gold deposits. The geology in Ghana shares similar characteristics with the geology in Guyana, the two terrains having been separated from one another by rifting that formed the Atlantic Ocean. In addition, there is a strong E-W shear zone and a NW-trending shear zone that extend across the entire property that also juxtapose granitic rocks against metavolcanic and metasedimentary rocks, which bear similarities to the shear zones that host some of the major multi-million ounce gold deposits in Guyana (Toroparu, Omai) and in adjacent Surinam (Rosebel).


    All of the discrete anomalies are defined by high potassium readings within otherwise potassium poor metasedimetary and metavolcanic rocks and occur along the major shear contacts with a granitic batholith. Sericite alteration is a common feature of the gold deposits in these shear zone hosted terranes, and potassium is a major component of the sericite. These anomalies tend to occur along the southern margin of a large granitic body that continues off the geophysical survey block to the north and east. The granite is shaped like a southward facing prow; a shear zone forms one of the flanks of the prow, with potassium anomalies appearing to emanate from the prow of the granite.


    The British Geological Survey commented on the gold deposits in Guyana in 1938:


    "...the contact and near-contact (gold) deposits which form an important proportion of the goldfields of the Colony (now Guyana) occur mainly along the southern margins of batholiths e.g. Aranka, Aremu, Pipirni, Tamakay and Issineru. There would thus appear to be some additional structural control which determines the provenance of this type of mineralization (along the southern contacts of the granites)...".


    The majority of the geophysical anomalies at Aranka North match this historical description extremely well.


    International Geophysical Services LLC ("IGS") will continue to interpret the airborne geophysical data, as there are many more smaller-sized anomalies to select and prioritize. However, the work completed to date is sufficient to prioritize the top fifteen anomalies for follow-up work. All of these anomalies lie within the central portion of the airborne survey flight block, and it is the recommendation of IGS that the central portion of the flight block be flown with a helicopter airborne EM system to map resistivity in these anomaly areas and identify the presence of sulfides where possible. Resistivity lows and sulfides characterize most of the gold deposits in the Precambrian shear zone hosted gold deposits in Ghana and Guyana.


    A helicopter EM system is currently in Guyana, and the Company will attempt to arrange an airborne EM survey over the central portion of the land package once the interpretations of the existing geophysical data are final and a follow-up survey has been designed.


    Additionally, access reconnaissance has demonstrated we have unfettered river access to the heart of the land package up the Waini River, with an excellent camp site along the river bank located near the southern tip of the granite body, in proximity to the top priority fifteen anomalies referenced above.


    Geotech Airborne Surveys was the prime airborne geophysical contractor to GMV Minerals Inc. ("GMV"). Chris Campbell of Intrepid Geophysics provided survey planning and oversight along with QC\QA services to GMV and processed the data. Canamex purchased the processed data from GMV as part of its Option and Joint Venture Agreement with GMV (see July 6, 2011 press release).


    Gregory A. Hahn, C.PG, President, CEO and Chairman of the Company, (CPG#7122), is the Qualified Person who has reviewed the content of this press release for compliance with NI 43-101 reporting requirements.

  • Nachdem viele Explorer einen Volkssport daraus machen, möglichst hohe EM-Gehalte auf Briefmarkenlänge zu veröffentlichen, freut man sich über Bohrergebnisse mit vernünftigen Längen. Heute gab ein Winzling namens Canamex Res. (CSQ) bekannt, dass man auf seiner Nevada-Liegenschaft "Bruner" 118 m mit 4,08 g/t Au erbohrt hat. Prompt pfeift die Kurs-Lucie.


    Hat die jemand auf dem Radar?


    Fab

    • Offizieller Beitrag

    Die CSQ hatte vor knapp 2 Jahren der findige Newtechxl ausgegraben :
    Canamex Res. (CSQ)


    Hoffentlich hat er sie noch ! Bei mir nicht auf der Watchlist, ..... es gibt ja einige 1000 Explorer. :)


    Kopiere mal die Postings in den CSQ Sräd, paßt aber auch hier (in den Explorer... Thread) hin, weil hier wieder einmal die gute Seite einiger Explorer sichtbar wird, wie zuletzt auch Extorre / XG , die hier zuerst erwähnt wurde.


    Grüsse
    Edel


    "Die Märkte haben nie unrecht, die Menschen oft." Jesse Livermore, 20.Jh.

    "Die Demokratie ist das Paradies der Schreier und Schwätzer, Phraseure, Schmeichler und Schmarotzer, die jedem sachlichen Talent weit mehr den Weg verlegen, als dies in einer anderen Verfassungsform vorkommt." E.von Hartmann

    Dieser Beitrag ist eine persönliche Meinung gem. Art.5 Abs.1 GG und Urteil des BVG 1 BvR 1384/16

    • Offizieller Beitrag

    bin noch dabei :)


    Chapeau !
    Und ich bin nun dabei, konnte hier nicht widerstehen.... Diese hohen Gehalte sind für Nevada eher ungewöhnlich, insoweit ein ausserordentlich gutes Vorkommen, dazu noch tagebaufähig. [smilie_blume]


    Würde mich nicht wundern, wenn bald einer der vielen Seniors, die allesamt in Nevada fördern, für CSQ die Hand ausstreckt....


    Grüsse
    Edel


    "Die Märkte haben nie unrecht, die Menschen oft." Jesse Livermore, 20.Jh.

    "Die Demokratie ist das Paradies der Schreier und Schwätzer, Phraseure, Schmeichler und Schmarotzer, die jedem sachlichen Talent weit mehr den Weg verlegen, als dies in einer anderen Verfassungsform vorkommt." E.von Hartmann

    Dieser Beitrag ist eine persönliche Meinung gem. Art.5 Abs.1 GG und Urteil des BVG 1 BvR 1384/16

  • Was macht Ihr? So schaffe ich heute noch den 100prozenter an einem Tag ;) und Newtechxl hat sein neues Haus zusammen ...


    Das riecht förmlich nach Freiläufer-Strategie.


    Ich habe auf die Rasche mal ein wenig recherchiert:
    - Grassroot-Explorer, der bei seinen Bohrungen in Nevada einen Volltreffer landet
    - solche Grades in dieser Länge wären ein Ding in Nevada, wenn die weiteren Ergebnisse dies untermauern sollten
    - gefällt mir politisch mit Nevada und Br. Guyana (hatte mich schon intensiver mit dem "Nachbarn" Guyana Goldfields auseinandergesetzt)
    - scheinen sehr behutsam per Einkreisungsstartegie in Guyana vorzugehen, um unnötige Bohrungen zu vermeiden
    - wohl so um die 1 Mio. Cash


    Fazit: Extrem interessante Frühphase. Dann sollten die höheren Kurse alsbald für die Kapitalbeschaffung genutzt werden, damit daraus mal was Ordentliches erwachsen kann. Bei ca. 66 Mio. ausgegeben Aktien gingen bislang fast 23 Mio. Volumen am Toronto Venture Markt um ... beachtlich! (Gibt's hier eigentlich feste Hände außer dem Management? Vermutlich nein ...). Trotz des rasanten Anstiegs heute ist der Zwerg nur rund 26 Mio. CAD wert.


    Newtechxl, kannst Du mal Deine Erfahrungen als treuer Aktionär hier preisgeben? Immerhin scheint die Newsflow-Tätigkeit für so einen Zwerg sehr passabel zu sein.


    Sagt mal, gibt es eigentlich irgendeine Möglichkeit, den täglichen Newsflow von Explorern bequem auf den PC-Bildschirm geliefert zu bekommen? Es ist ziemlich mühsam, aus verschiedenen Quellen sich alles zusammenzuklauben. Dann könnte man bei solchen Meldungen stets zügig reagieren ...


    Fab

  • Schluss gestern auf Tageshoch bei 0,39 CAD. Das sind schlappe 290% Explosion. Die Rakete hat gestern in der zweiten Tagessitzung nochmal nachgezündet.


    Ich wollte gestern Abend noch in Deutschland für unter 0,20 Euro einsteigen, hat aber knapp nicht geklappt, weil ich zu geizig war. Das hab ich jetzt davon. Sch ... ade :(

    "Kämmerer" nennt man den Beigeordneten bzw. Dezernenten, der für den Haushalt einer Stadt oder eines Landkreises zuständig ist.

  • Nice :)


    Bin schon seit über nem Jahr dabei ... Hatte bei knapp 10 Cent gekauft und immer Talfahrten runter bis 5-6 Cent und knapp wieder hoch mitgemacht :)
    freut mich dass da jetzt endlich was geht ... gleicht meine anderen Rohrkrepierer etwas aus :D

  • Bin gestern über Frankfurt (14:25 Uhr) noch vor Canada-Eröffnung zu 0,09 EUR rein gekommen. Bei 0,18 EUR die Hälfte gegeben.
    Rest jetzt noch als Freiläufer drin.
    Gestriger Schluss bei 0,39 CAD entspricht 0,31 EUR.


    Vorbild ist GQC.V die mit leicht besseren Ergebnissen von 0,075 CAD auf inzwischen über 1 CAD steigen konnte. Market Cap momentan über 120 M CAD.


    CSQ.V Market Cap noch unter 30 M CAD


    Viel Glück!

    • Offizieller Beitrag

    Was macht Ihr? So schaffe ich heute noch den 100prozenter an einem Tag ;) und Newtechxl hat sein neues Haus zusammen ...


    Das riecht förmlich nach Freiläufer-Strategie.....(....)


    So ist es ! Was mich anbetrifft, geradezu Anreiz zum Traden : Eine bewegte Woche mit diesem Zwerg. Nach dem fulminantem Anstieg den Gesamtbestand mit rd. 25 % SL verkauft, dann 80 % des Altbestandes nach dem heftigen Abstieg wieder mit rd. 25 % StopBuy zurückgekauft.


    Erst wenn griffige Resourcenschätzungern vorliegen, können wir sehen, was für ein Schätzchen hier vorliegt.
    Anbei der bizarre Monatchart. :)


    Schön für alle, die früh dabei waren und einfacheren Gewinn verbuchen, bei mir ist es ein Fast Freiläufer (eigene Definition, wenn der Kurswert das 5 fache des Aufwandes beträgt.)


    Grüsse

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