Andean Resources, unglaubliche Goldgehalte!

Andean Resources is an Australian listed public company (ASX:AND) focused on the exploration and development of gold projects in Patagonia, Argentina. The Company's major project is its 100% owned Cerro Negro epithermal gold deposit which was acquired from MIM Limited in January 2004.

The project, which is located in the southern Argentinean province of Santa Cruz, is at an elevation of approx 800m above sea level.

Andean Resources is embarking on it's third drill season with a 17,000m expansion and infill drill program currently underway.

Kennt jemand diesen Explorer, der Chart ist ja einfach nur Klasse.
Hab mich nocht net wirklich über das Unternehmen schlau gemacht, aber die Goldgehalte sind einfach fantastisch.

www.andean.com.au

52 METERS @ 25.3 g/t GOLD 379 g/t SILVER!!!!!  

Man beachte neben den Gold auch die Silbergehalt, absolut erstklassig.

Denke wir werden schnell die 2 Euro sehen.

Gott mein Deutsch war auch schonmal besser

EDD-735 and EDD-736 targeted up-dip mineralization on the eastern end of the ore-shoot and did not intersect significant mineralization as these holes determined the upper limits of the productive horizon of the epithermal system.

EDD-737 determined the eastern limit of this ore-shoot. All these holes are shown relative to the previously defined mineralization on the longitudinal section attached to this release. While these holes may have defined the eastern limit of this ore-shoot, a second ore-shoot was most likely intersected by EDD721 (17m of 9.2g/t gold and 69 g/t silver) in the Phase 3 drilling further to the east. In addition, another 4km of outcropping Eureka vein remains to be further explored in this direction.

Infill Drilling

- EDD-739: 20m of 11.8 g/t gold and 51 g/t silver from 200m

- EDD-742: 7m of 6.0 g/t gold and 99 g/t silver from 142m

These infill holes tested the vertical extent of the mineralization on section 3500E. As expected the deeper hole, EDD-739, intersected higher grades than the upper hole, EDD-742. Both holes intersected grades equal to or higher than what was previously modelled.

Project Status: To date, 16 holes have been completed on the Eureka West Vein, of which Andean has received final assays on six holes, as reported above. Of the 10 holes waiting on assays, seven were step-out holes to the west on two 50m step-out sections. All holes awaiting assays intersected quartz veining. Two core-rigs are focusing on in-fill drilling and step-out drilling on the Eureka West Vein, while the Schramm reverse circulation drill-rig is completing an infill drilling program at Vein Zone. New assays will be reported in batches as they are received.

Andean Resources Ltd is an Australian and Toronto listed gold explorer searching for precious metals in the Andes, with four large property positions in the Patagonia. Andean's website can be found at www.andean.com.au and questions can be sent to wayne.hubert@andeangold.com or by calling 801-763-7671.


Table 1: Drill Hole Data
--------------------------------------------------
Hole            Inter-        Sil-  Eleva-                       Azi-
Num-  From    To   val  Gold   ver    tion      East-   North-   muth Incli-
ber   (m)   (m)   (m) (g/t) (g/t) (m asl)        ing      ing (true) nation
--------------------------------------------------
ERC-   305   332    27  24.0   245    655  2,393,9670  4,808,180   55    -60
734
--------------------------------------------------
EDD-               NSR                646   2,394,380  4,808,020   55    -60
735
--------------------------------------------------
EDD-    82  86.5   4.5   2.5    66    647   2,394,140  4,808,210   45    -50
736
--------------------------------------------------
EDD-               NSR                654   2,394,180  4,808,030   45    -60
737
--------------------------------------------------
EDD-   200   220    20  11.8    51    643   2,394,250  4,808,100   45    -70
739
--------------------------------------------------
EDD-   142   149     7   6.0    99    643   2,394,250  4,808,100   45    -55
742
--------------------------------------------------
(1) Intersections are drilled widths, not true widths. True widths are less
   than drilled intersections.
(2) NSR equals no significant result above 2.5 g/t Au
(3) Coordinates and elevations are approximate and subject to final survey
   by a licenced surveyor
(4) Coordinate system is Gauss Kruger, datum is Campo Inchauspe
   (is this right)

und weiter geht die Reise..., bei den Gehalten (hat ja schon fast Noront-Charakter)

werd mal schauen, ob sich da was holen lässt.

unglaublich die Bohrergebnisse, beeindruckend ist der NEWSFLOW und was für NEWS die immer raushauen, wirklich gut. Schau dir mal die Homepage an

 



                         

ASX Announcement

2 Nov 2007
 
ANDEAN RESOURCES LIMITED
A.C.N. 064 494 319
1/1 Nairn Street
Fremantle   WA   6160
t:  61 8 9430 9966
f:  61 8 9430 9965
 
Website
www.andean.com.au

For further information on this release and
Andean generally please contact:

Wayne Hubert
Managing Director
Tel: + 1 801 763 7671
E-mail wayne.hubert@andeangold.com

Morrice Cordiner
Director
Tel: + 61 (0) 412 270 761 (cell) OR   + 61
(2) 9276 1245 (office)
E-mail morrice@bigpond.net.au  

Warren Gilmour
Director
Tel: + 61 8 9430 9966
E-mail warren@andean.com.au
         
Andean Resources Limited is listed on
the ASX & TSX with the symbol “AND”

Continued…
ANDEAN STARTS PHASE 4 DRILLING WITH 27M OF
24 G/T GOLD AND 245 G/T SILVER

• ERC-734 drilled 60m down-dip from EDD-723 intersects 27m of
24.0 g/t gold and 245 g/t silver at Eureka West  
• Infill drilling confirming higher grades at Eureka West
• Step-out drilling to the west waiting on assays


Andean Resources (AND:ASX; AND:TSX) is pleased to report the results of the first
six  dril holes of its Phase 4 drill program at its 100% owned Cerro Negro project in
Southern Argentina.  The reported widths are intersected widths and true widths are
less in every case; al the drill data associated with this release can be found in Table 1.
Andean has assumed an underground cut-off of 2.5 g/t gold and categorized the drill
holes for which it has received assays as either Step-out Holes or In-fil Holes:
Step-out Holes
The objective of the step-out driling is to define the eastern and upper limits of the
mineralised ore shoot and to test for strike extensions to the west, beneath younger
cover rocks.
o ERC-734: 27m of 24.0 g/t gold and 245 g/t silver from 305m
o EDD-735 - EDD737: Modest step-outs on the eastern part of the Eureka West ore
shoot resulted in no significant values (see longitudinal-section attached to the
release).  
ERC-734, a reverse circulation step-out hole to depth, drilled 60m beneath EDD-723
(52m of 25 g/t gold and 379 g/t silver), intersected the westerly plunging high-grade ore
shoot on the Eureka West Vein with similar grades of gold and silver mineralization.  
EDD-735 and EDD-736 targeted up-dip mineralization on the eastern end of the ore-
shoot and did not intersect significant mineralization as these holes determined the
upper limits of the productive horizon of the epithermal system.  
EDD-737 determined the eastern limit of this ore-shoot.  All these holes are shown
relative to the previously defined mineralization on the longitudinal section attached to
this release.  While these holes may have defined the eastern limit of this ore-shoot, a
second ore-shoot was most likely intersected by EDD721 (17m of 9.2g/t gold and 69 g/t
silver) in the Phase 3 drilling further to the east.  In addition, another 4km of outcropping
Eureka vein remains to be further explored in this direction.
Infill Drilling
o EDD-739: 20m of 11.8 g/t gold and 51 g/t silver from 200m
o EDD-742:  7m of 6.0 g/t gold and 99 g/t silver from 142m
These infill holes tested the vertical extent of the mineralization on section 3500E.  As
expected the deeper hole, EDD-739, intersected higher grades than the upper hole,
EDD-742.  Both holes intersected grades equal to or higher than what was previously
modeled.
Project Status: To date, 16 holes have been completed on the Eureka West Vein, of
which Andean has received final assays on six holes, as reported above.   Of the 10
holes waiting on assays, seven were step-out holes to the west on two 50m step-out
sections.  All holes awaiting assays intersected quartz veining. Two core-rigs are
focusing on in-fil drilling and step-out driling on the Eureka West Vein, while the
Schramm reverse circulation dril-rig is completing an infill drilling program at Vein
Zone.  New assays wil be reported in batches as they are received.
Continued…
Andean Resources Limited    ASX Announcement
A.C.N. 064 494 319


 2
CERRO NEGRO GOLD PROJECT (Andean 100%)

Table 1: Drill Hole Data

Hole
number
From
(m)
To
(m)
Interval
(m)
Gold
(g/t)
Silver
(g/t)
Elevation
(m asl)
Easting Northing  Azimuth
(true)
Inclination
ERC-
734  305  332 27 24.0  245  655 2,393,9670 4,808,180  55  -60
EDD-
735  NSR 646  2,394,380  4,808,020 55  -60
EDD-
736  82 86.5  4.5  2.5  66  647  2,394,140  4,808,210  45  -50
EDD-
737  NSR 654  2,394,180  4,808,030 45  -60
EDD-
739  200  220 20 11.8  51  643  2,394,250  4,808,100  45  -70
EDD-
742  142 149  7  6.0  99  643  2,394,250  4,808,100  45  -55
(1)  Intersections are driled widths, not true widths.  True widths are less than drilled intersections.
(2)  NSR = no significant result above 2.5 g/t Au
(3)  Coordinates and elevations are approximate and subject to final survey by a licenced surveyor
(4)  Coordinate system is Gauss Kruger, datum is Campo Inchauspe [ is this right ]

Longitudinal Section Showing Dril Hole Pierce Points on the Eureka West Vein

Andean Resources Limited    ASX Announcement
A.C.N. 064 494 319


 3
 
Eureka West Cross-section (4100E)


Note:  The information in this Report that relates to exploration results is based on information provided by David Shatwell who is  a Fellow of the
Australian Institute of Geoscientists.  
Mt Shatwell has extensive experience relevant to the style and type of mineralisation and deposits under consideration, and to the activity undertaken, to
qualify as a Competent Person as defined in the 2004 Edition of the "Australian Code for Reporting of Mineral Resources and Ore Reserves" (the J.O.R.C.
Code).  Mr Shatwell consents to the inclusion in this Report on his work in the form and context in which it appears.

 

ich habe gerade mal nachgeforscht, lediglich Rio Tinto kann die Gehalte übertreffen

wieder was gefunden,
man beachte den Silbergehalt

CAD 1,82 = 1,33 Euronen  

Kurs aber nur gut tun...

4 ausstehende Bohrlöcher werden ähnlich Resultate präsentieren

3 Millionen Unzen Ressourcen bis nächste Jahr

EDD729 drilled up-dip from EDD-723 intersects 16.8m of 22.7 g/t gold and 702 g/t silver - establishing more than 100m of high-grade continuity (greater than 20 g/t gold and 400 g/t silver) - Eureka West Vein strike length of 650m with at least two ore shoots - Mineralization open along strike and at depth

ERC-743, a reverse circulation step-out hole, drilled 50m to the west of EDD-723 (52m of 25 g/t gold and 379 g/t silver), intersected the westerly plunging high-grade ore shoot on the Eureka West Vein.
ERC-747, a reverse circulation step-out hole, drilled 100m to the west of EDD-723 also intersected the high-grade westerly plunging ore shoot.
The shoot remains open down-plunge to the west. Both these holes are shown on the longitudinal section of the Eureka West vein attached to this release.
Infill Drilling
o EDD-746: 32m of 15.4 g/t gold and 311 g/t silver from 168m and
7m of 7.8 g/t gold and 249 g/t silver from 225m
This infill hole at Eureka West was drilled on section 00E, in between EDD723 (52m of 25.3 g/t Au and 379 Ag) and EDD-729 (16.8m of 22.7 g/t Au and 702 g/t Ag). This drill-hole intersected gold and silver grades that were higher than what was expected in the resource model.
Continued…
ASX Announcement
20 Nov 2007
ANDEAN RESOURCES LIMITED
A.C.N. 064 494 319
1/1 Nairn Street
Fremantle WA 6160
t: 61 8 9430 9966
f: 61 8 9430 9965
Website
www.andean.com.au
For further information on this release and Andean generally please contact:
Wayne Hubert
Managing Director
Tel: + 1 801 763 7671
E-mail wayne.hubert@andeangold.com
Morrice Cordiner
Director
Tel: + 61 (0) 412 270 761 (cell) OR + 61 (2) 9276 1245 (office)
E-mail morrice@bigpond.net.au
Warren Gilmour
Director
Tel: + 61 8 9430 9966
E-mail warren@andean.com.au
Andean Resources Limited is listed on the ASX & TSX with the symbol “AND”
Andean Resources Limited ASX Announcement
A.C.N. 064 494 319
2
Vein Zone Infill Drilling
o VRC-770: 27m of 7.5 g/t gold from 160m
o VRC-771: 5m of 1.6 g/t gold from 63m
o VRC-772: 6m of 3.6g/t gold from 63m and
56m of 9.0 g/t gold from 93m
While VRC-771 defines the updip extent of the mineralization VRC-770 and VRC-772 intersected zones that were consistent with or higher than what was expected in the resource model. The purpose of the Vein Zone infill drill program is to upgrade portions of the inferred resource to the measured and indicated category for inclusion in the Pre-Feasibility Study that is underway.
Wayne Hubert, Andean’s CEO, commented, “I am delighted with the early success of the Cerro Negro exploration team in continuing to find high quality ounces at a low finding cost – all credit to the Andean team. To date, the continuity of this high-grade ore shoot at Eureka appears remarkable, which should have positive implications for our Pre-Feasibility Study currently underway. These results are consistent with our long-term plans, to first build a solid foundation at Cerro Negro, from which we can grow a low cost intermediate size gold company.”
Project Status
Currently, three drill rigs are focused on expanding and improving the confidence of the existing mineral resource at Cerro Negro. One core rig, a UDR 1000, is focused on extending the Eureka West vein to the west, which is becoming increasingly more difficult with topography (a hill) as well as increasingly deep post-vein cover working against the drilling effort. Another core rig, a UDR 200, is focused on infill drilling the Eureka West vein and obtaining metallurgical samples. With the Vein Zone infill drill program now complete, the Schramm reverse circulation rig can now focus on other targets to expand the resource base at Cerro Negro. New assays will be reported in batches as they are received.
For further information please contact, in Australia;
Morrice Cordiner Warren Gilmour
Director Director
Or in North America;
Wayne Hubert
Managing Director
Andean Resources Limited ASX Announcement
A.C.N. 064 494 319
3
Table 1: Drill Hole Data For Current Release
Hole
number.
From
(m)
To
(m)
Interval
(m)
Gold
(g/t)
Silver
(g/t)
Elevation
(m asl)
Easting
Northing
Azimuth
(True)
Inclination
Prospect
308
329
21
15.3
298
ERC-743
349
356
7
25.9
129
665
2393959
4808238
45
-60
168
200
32
15.4
311
EDD-746
225
232
7
7.8
249
662
2394048
4808259
45
-70
267
270
3
127.9
1152
277
302
25
27.5
849
313
316
3
4.5
271
ERC-747
327
332
5
16.7
308
675
2393923
4808273
45
-60
Eureka
59
61
2
0.8
155
157
2
1.0
VRC-770
162
189
27
7.5
786
2408675
4806595
180
-80
62
67
5
1.6
VRC-771
86
89
3
1.2
806
2408600
4806450
180
-65
63
69
56
3.6
93
149
56
9.0
162
164
2
1.2
VRC-772
194
198
4
0.9
826
2408650
4806575
180
-60
Vein Zone
(1) Intersections are drilled widths, not true widths. True widths are less than drilled intersections and can be determined from the Eureka cross-sections provided
(2) Coordinates and elevations are approximate and subject to final survey by a licensed surveyor
(3) The intersection 93-149m in VRC-772 includes 1m at 236.4 g/t Au (103-104m), and the 6m interval 102-108m averages 55.3 g/t Au
In the above table, the Gauss Kruger coordinate system and the Campo Inchauspe datum are used to define drill hole collar positions. However on the longitudinal projection and cross sections shown below, the coordinate system refers to a local grid established for drilling the Eureka West Vein. The north direction for this grid is oriented 045º True, and the origin, (00E, 00N) is at 2,393,888E, 4,808, 238N. The longitudinal projection therefore looks 045ºTrue and the cross sections look 315º True.
Note: The information in this Report that relates to exploration results is based on information provided by David Shatwell who is a Fellow of the Australian Institute of Geoscientists.
Mt Shatwell has extensive experience relevant to the style and type of mineralisation and deposits under consideration, and to the activity undertaken, to qualify as a Competent Person as defined in the 2004 Edition of the "Australian Code for Reporting of Mineral Resources and Ore Reserves" (the J.O.R.C. Code). Mr Shatwell consents to the inclusion in this Report on his work in the form and context in which it appears.

ANDEAN RESOURCES NPV (Toronto:AND.TO) Edit
Last Trade: 1.65
Trade Time: 2:50PM ET
   Change:§Up 0.05 (3.12%)
Prev Close: 1.60
     Open:      1.65§
      Bid:      1.65§
      Ask:§1.70
1y Target Est: N/A
                    §
Day's Range: 1.65 - 1.70
52wk Range: 1.35 - 1.98
   Volume:§404,300
Avg Vol (3m): 147,182
Market Cap: N/A
P/E (ttm): N/A
EPS (ttm): N/A
Div & Yield: N/A (N/A)

Gold trotzt der Dow Flaute!

Toronto
AND / CAD   1,69
700 +0,040
+2,42 21:59:36
27.11.2007 1,62
1,69 1,65
1,77 1,77
1,69 27.200
47.513