Lexam VG Gold (WKN A1H396 ) Faktensammlung

Sehr geehrter Leser,

dieses Forum dient dazu die Daten & Fakten rund um das Unternehmen

 

LEXAM VG GOLD INC http://www.vggoldcorp.com/

dazustellen.

für den Meinungsaustausch ist das Hauptforum bereits vorhanden: http://www.ariva.de/forum/...VG-Gold-vom-Chaos-zum-Produzenten-429752

alte Zusammenfassung vor 2011 http://www.ariva.de/VG_Gold_Corp_Faktenuebersicht_12_05_2008_t329663

 

XXX bitte nichts hinzufügen, das nicht in den Zusammenhang gehört XXX

 

www.smallcappower.com/microsite/vg_gold_corp_videos.html

www.smallcappower.com/microsite/..._corp_research_reports.html

watch.bnn.ca/#clip396914

www.daf.fm/video/...eutsche-fassung-50139532-CA9182161021.html

--  A total of $10 million has been budgeted in 2011 to explore Paymaster
   West and Lexam VG Gold's surrounding projects


Paymaster West Resource Estimate

The Paymaster West resource estimate includes a cut-off grade of 0.51 grams gold/t. High grade assays above 34.29 grams gold/t were cut to this value. A conceptual open pit mining method was used for the purpose of delineating the mineralization with a reasonable prospect of economic extraction. Approximately 85% of the indicated and 60% of the inferred resources are located within 600 feet of surface. Tonnage estimates were based on a 2.81 grams/cubic centimetre density factor. Cross-sectional method was used to interpolate gold grade in the resource model. The database used to establish the Paymaster West resource is based on diamond drilling conducted by both Placer Dome (75 holes, 7958.2 metres) and VG Gold (97 holes, 25,301.7 metres).

--------------------------------------------------
                                                       Gold   Gold     Gold
Classification                      Tons      Tonnes   (opt)  (gpt)    (oz.)
--------------------------------------------------
Indicated - above 600' depth 3,019,111.0 2,738,635.6  0.0536   1.84  161,690
Indicated - below 600' depth   543,400.0   492,918.1  0.0504   1.73   27,392
                           ------------------------------------------------
total Indicated Resource     3,562,511.0 3,231,553.7  0.0531   1.82  189,082
--------------------------------------------------
                                                                           
--------------------------------------------------
Inferred - above 600' depth  2,109,076.0 1,913,142.8  0.0450   1.54   95,005
Inferred - below 600' depth    962,800.0   873,355.9  0.0617   2.12   59,400
                           ------------------------------------------------
total Inferred Resource      3,071,876.0 2,786,498.7  0.0503   1.72  154,404
--------------------------------------------------

1.  Mineral resources which are not mineral reserves do not have
   demonstrated economic viability. The estimate of mineral resources may
   be materially affected by environmental, permitting, legal, title,
   taxation, socio-political, marketing, or other relevant issues.

2.  The quantity and grade of reported inferred resources in this estimation
   are conceptual in nature and there has been insufficient exploration to
   define these inferred resources as an indicated or measured mineral
   resource and it is uncertain if further exploration will result in
   upgrading them to an indicated or measured mineral resource category.

3.  The mineral resources were estimated using the Canadian Institute of
   Mining, Metallurgy and Petroleum (CIM), CIM Standards on Mineral
   Resources and Reserves, Definitions and Guidelines prepared by the CIM
   Standing Committee on Reserve Definitions and adopted by CIM Council
   December 11, 2005.


A copy of the full resource estimation report will be filed on the SEDAR within 45 days of this news release. The mineral resource estimates were completed by Peter Bevan, P.Eng, Consulting Mining Geologist and are based on geological interpretations and data supplied by the Company to Peter Bevan and modified by him for the purposes of National Instrument 43-101 Standards of Disclosure for Mineral Projects of the Canadian Securities Administrators.

Lexam VG Gold has the option to earn a 60% interest in the Paymaster West Property from Goldcorp by making $6.0 million in exploration expenditures by June 2012. Once Lexam VG Gold has given notice that it has earned its 60%, Goldcorp has six months to decide if it wishes to increase its ownership from 40% to 70% by paying Lexam VG Gold $710,000 and spending $8.25 million on the property within two years and then completing a feasibility study by the end of year three.

Existing Resources

Lexam VG Fuller

--------------------------------------------------
Indicated            1,533,489 tons grading        Containing 248,005 oz.  
Resources:           0.162 oz. Au/ton              gold                    
                                                                           
Inferred             1,813,065 tons grading        Containing 299,960 oz.  
Resources:           0.165 oz. Au/ton              gold                    
--------------------------------------------------


Lexam VG Buffalo Ankerite

--------------------------------------------------
Indicated            1,667,327 tons grading        Containing 224,309 oz.  
Resources:           0.135 oz. Au/ton              gold                    
                                                                           
Inferred             2,160,734 tons grading        Containing 274,632 oz.  
Resources:           0.127 oz. Au/ton              gold                    
--------------------------------------------------


Lexam VG Davidson Tisdale

--------------------------------------------------
Indicated            934,558 tons grading          Containing 129,442 oz.  
Resources:           0.139 oz. Au/ton              gold                    
                                                                           
Inferred             295,857 tons grading          Containing 40,199 oz.    
Resources:           0.136 oz. Au/ton              gold                    
--------------------------------------------------


Buffalo Ankerite Property Diamond Drilling

Recent drilling at 100 percent owned Buffalo Ankerite is focused on expanding the near surface gold resource in the South Mine Area. Previous drilling by the company's predecessor had intersected significant results that included 5.09 grams gold/t over 13.7 m and 1.61 grams gold/t over 36.1 meters and the current drilling is following up on these positive results on the extension of the South Mine geological structure called the South Mine North Limb. The company began drilling the folded extension of the South Mine in the fall of 2010 and has encountered encouraging gold mineralization and gold values along a strike length of 200 metres to date, with additional potential open to the west. Highlights from the recent drilling are below with the full results shown in Table 1. Diamond drilling in 2011 will continue to follow the North limb as part of the planned $10 million exploration program.

--------------------------------------------------
Hole Number           From (m)         To (m)      Width (m)     Gold (gpt)
--------------------------------------------------
VBA-10-138                92.1           93.6            1.5           20.5
VBA-10-140                88.9           99.9           10.9           1.19
VBA-10-144               153.9          158.3            4.3           5.53
VBA-10-150               270.8          275.8            5.0           4.02
Including                                                0.9          14.55
VBA-10-152               308.6          322.8           14.2           1.82
Including                                                4.9           4.44
--------------------------------------------------


Intervals reported here are core lengths. True widths are not known at this time.

Davidson-Tisdale

In 2010, drilling occurred at the Davidson-Tisdale project (Lexam VG Gold 68.5% - San Gold 31.5%) in order to test the potential at depth. A total of 29 holes were drilled. No significant mineralization was encountered in these holes. Although no mineralization was encountered Lexam VG Gold's management believe there is good potential to discover additional high-grade gold mineralization at depth, similar to that discovered closer to surface.

QUALIFIED PERSON

All exploration work was conducted under Kenneth Guy, P. Geo., designated Qualified Person for Lexam VG Gold, who has reviewed this news release.

The mineral resource estimates which are effective today were completed by Mining Geological Consultant Peter Bevan, P.Eng, and are based on geological interpretations and data supplied by the Company. Peter Bevan is an independent Qualified Person for the purposes of National Instrument 43-101 Standards of Disclosure for Mineral Projects of the Canadian Securities Administrators and has verified the data disclosed in this release.

All drilling was completed using NQ size core. Gold analysis of the samples collected by Lexam VG Gold was assayed by ALS Chemex. Analysis consisted of a fire assay of a 30-gram sample with an atomic absorption finish. Samples assaying over 10.0 grams gold per tonne Au are re-assayed with gravimetric finish. Samples noted to contain visible gold are analyzed via total metallic assay method. A rigorous Quality Control and Assurance Program (QA/QC) is in place, using control samples such as blanks and duplicate checks. In addition, duplicate analyses of 10% of the samples are corroborated by check assays performed at a third Party Laboratory. To learn more about Lexam VG Gold (TSX:LEX), visit our website: www.lexamvggold.com.

Table 1 - Buffalo Ankerite Core Drill Results

--------------------------------------------------
                                            Assay                        
                           Length            From  Assay Width            
Hole #     East North  Elev    (m) Dip    Az   (m) To (m)   (m) Au-gpt  GxW
--------------------------------------------------
VBA-10-137 6026  5911 10989  179.0 -80     0  80.2   89.4   9.3   0.84  7.8
--------------------------------------------------
                                                                         
--------------------------------------------------
VBA-10-138 6026  5911 10989  125.0 -60   354  92.1   93.6   1.5  20.50 31.2
--------------------------------------------------
                                                                         
--------------------------------------------------
VBA-10-139 6026  5911 10989  146.0 -43   354  52.0   57.4   5.4   2.17 11.8
--------------------------------------------------
                                                                         
--------------------------------------------------
VBA-10-140 6227  5984 10977  161.0 -70   180  88.9   99.9  10.9   1.19 13.0
--------------------------------------------------
                                                                         
--------------------------------------------------
VBA-10-141 6227  5984 10977  140.0 -85   180   no significant values      
--------------------------------------------------
                                                                         
--------------------------------------------------
VBA-10-142 5820  6065 11020  134.0 -85   3.3  74.3   75.3   0.9   1.19  1.1
                                             92.4   93.5   1.1   1.44  1.5
                                            109.4  112.2   2.8   0.61  1.7
--------------------------------------------------
                                                                         
--------------------------------------------------
VBA-10-143 5820  6065 11020   88.2 -45   3.3  46.5   48.2   1.7   1.21  2.1
                                             51.0   52.3   1.3   2.52  3.3
--------------------------------------------------
                                                                         
--------------------------------------------------
VBA-10-144 5620  6075 11020  215.0 -86     0 153.9  158.3   4.3   5.53 23.9
--------------------------------------------------
                                                                         
--------------------------------------------------
VBA-10-145 5620  6075 11020  119.0 -45     0  76.4   77.4   1.1   2.75  2.9
                                             86.1   87.1   1.0   1.23  1.2
--------------------------------------------------
                                                                         
                                                                         
--------------------------------------------------
VBA-10-146 5720  5844 11030  206.0 -70   3.4 165.4  166.9   1.5   0.92  1.4
                                            169.7  171.4   1.6   5.69  9.2
                                            182.9  188.1   5.2   0.88  4.6
                                                           3.0   1.23  3.7
--------------------------------------------------
                                                                         
--------------------------------------------------
VBA-10-147 5520  5905 11014  354.0 -85 347.5 270.0  271.1   1.1   1.50  1.7
                                            281.1  283.6   2.4   0.68  1.7
--------------------------------------------------
                                                                         
--------------------------------------------------
VBA-10-148 5520  5925 11014  245.0 -65   355 183.4  186.3   2.9   1.06  3.1
--------------------------------------------------
                                                                         
--------------------------------------------------
VBA-10-149 5520  5925 11014  205.6 -45   355   no significant values      
--------------------------------------------------
                                                                         
--------------------------------------------------
VBA-10-150 5420  5900 11030  338.0 -75   355 248.3  250.7   2.4   1.71  4.2
                                            257.7  260.6   2.9   1.20  3.5
                                            270.8  275.8   5.0   4.02 20.1
                                                           0.9  14.55 13.3
                                            299.7  305.3   5.5   1.03  5.7
                                            310.3  314.2   4.0   1.46  5.8
--------------------------------------------------
                                                                         
--------------------------------------------------
VBA-10-151 5420  5900 11030  221.0 -50   355 204.3  207.4   3.0   1.16  3.5
--------------------------------------------------
                                                                         
--------------------------------------------------
VBA-10-152 5420  5900 11000  365.2 -75   175 204.6  207.3   2.7   0.74  2.0
                                            308.6  322.8  14.2   1.82 25.8
                                                           4.9   4.44 21.6
                                            340.9  344.0   3.0   1.30  4.0
--------------------------------------------------
                                                                         
--------------------------------------------------
VBA-10-153 5448  5824 11035  203.1 -45   178 148.1  152.1   3.9   2.22  8.7
                                            180.6  191.3  10.7   1.90 20.3
--------------------------------------------------
17 holes  Total    BA  2010 3445.1                                        
                           metres                                        
--------------------------------------------------


Intervals reported here are core lengths. True widths are not known at this time.

To view Figure 1 - Lexam VG Gold Project Locations and Resources, please visit the following link: media3.marketwire.com/docs/lex_01_10_2011_fig_1.pdf


The TSX Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

CONTACT INFORMATION:

Lexam VG Gold Corp.
Tom Meredith
President & CEO
416-368-0099
Fax: 416-368-1539
www.lexamvggold.com

   Gold (100%) in Timmins, welche 601.756 Unzen Gold in der
   Indicated-Kategorie, sowie 614.791 Unzen Gold in der Inferred-Kategorie
   umfassen.

 - Im Paymaster West Projekt besteht erstklassiges Potential für eine
   Erweiterung dieser oberflächennahen Goldressource sowie die Möglichkeit
   der Entwicklung einer zusätzlichen Ressource auf der Basis von
   Bohrungen in tieferen Gesteinsschichten unterhalb von jener Tiefe,
   welche für diese derzeitige Schätzung berücksichtigt wurde.

 - Für 2011 ist ein Bohrprogramm mit einem Gesamtvolumen von 10 Mio CAD
   geplant, das der weiteren Exploration vom Paymaster West Projekt sowie
   der umliegenden Gebiete von Lexam VG Gold dient.
Paymaster West Ressourcenschätzung  

Die Ressourcenschätzung vom Paymaster West Projekt beinhaltet einen sogn.
'cut-off grade' (einen Grenzwert für die Berücksichtigung der Goldgehalte
im Erz) von 0,51 Gramm Gold/t. Hochgradige Gesteinsproben mit Goldgehalten
oberhalb von 34,29 Gramm Gold/t wurden auf diesen Wert zugeschnitten. Für
die Skizzierung der Goldmineralisierung unter Berücksichtigung einer
realistischen ökonomischen Gewinnung wurde eine konzeptionelle
Tagebergbau-Methode verwendet. Etwa 85% der angezeigten Ressourcen und 60%
der abgeleiteten Ressourcen befinden sich bis in einer Tiefe von 600 Fuß
(182m) unter der Oberfläche. Die Schätzungen der Tonnage basieren auf einem
Dichtefaktor von 2,81 Gramm/Kubikzentimeter. Um den Goldgehalt in dem
Ressourcenmodell zu interpolieren wurde eine Querschnittsmethode verwendet.
Die Datenbank welche zur Bildung der Paymaster West Ressource herangezogen
wurde, basiert auf Diamantbohrungen von sowohl Placer Dome (75 Bohrlöcher,
7958,2 m) als auch VG Gold (97 Bohrlöcher, 25.301,7 m).

Klassifikation             US-           Metrische  Gold    Gold   Gold
                          Tonnen(short  Tonnen     (oz/t)  (g/t)  (oz)
                          ton)
Indicated- oberhalb einer  3.019.111,0   2.738.63   0,0536  1,84    161.
Tiefe von 600 ft                         5,6                        690
Indicated- unterhalb einer 543.400,0     492.918,1  0,0504  1,73    27.3
Tiefe von 600 ft                                                    92
Summe der angezeigten      3.562.511,0   3.231.55   0,0531  1,82    189.
Ressourcen                               3,7                        082
Inferred- oberhalb einer   2.109.076,0   1.913.14   0,0450  1,54    95.0
Tiefe von 600 ft                   2,8                        05
Inferred- unterhalb einer  962.800,0     873.355,9  0,0617  2,12    59.4
Tiefe von 600 ft                                                    00
Summe der abgeleiteten     3.071.876,0   2.786.49   0,0503  1,72    154.
Ressourcen                               8,7                        404


(1) Mineralressourcen, welche keine Mineral-Reserven sind haben eine
   wirtschaftliche Realisierbarkeit nicht bewiesen. Die Schätzung von
   Mineralressourcen kann wesentlich durch Umweltfragen,
   Genehmigungsverfahren, Gesetze, Besitzrechte, Besteuerungsfragen,
   sozio-politischen Faktoren, Marketing und durch andere relevante
   Themen- und Problemfelder beeinträchtigt werden.

(2) Die Anzahl und die Qualität der veröffentlichten abgeleiteten
   Ressourcen in dieser Schätzung sind auf rein konzeptioneller Basis
   berechnet. Es wurden nicht genügend Explorationsarbeiten durchgeführt,
   um diese abgeleiteten Ressourcen als angezeigte oder gemessene
   Mineralressourcen definieren zu können und es ist unsicher, ob die
   weitere Exploration diese im Ergebnis in die höheren Kategorien der
   Mineralressourcen 'Indicated' oder 'Measured' überführen wird.

(3) Die Mineralressourcen wurden unter Verwendung des 'Canadian Institute
   of Mining, Metallurgy and Petroleum (CIM)', bzw. der CIM Standards zu
   den Mineralressourcen und Reserven, Definitionen und Leitlinien, welche
   vom 'CIM Standing Committee on Reserve Definitions' erstellt und vom
   CIM Rat am 11. Dezember 2005 verabschiedet wurden, geschätzt.

Ein Abdruck des vollständigen Berichtes zur Ressourcenschätzung wird auf
SEDAR innerhalb von 45 Tagen nach dieser Pressemitteilung eingereicht. Die
Schätzungen der Mineralressourcen wurden von Peter Bevan, P.Eng, einem
beratenden Bergbau-Geologen durchgeführt und diese basieren auf geologische
Interpretationen und Daten, welche von dem Unternehmen an Peter Bevan zur
Verfügung gestellt wurden, und von diesem im Rahmen der Zielsetzungen der
Nationalen Richtlinie (NI) 43-101 bezüglich der Offenlegungsstandards von
Mineralprojekten der kanadischen Wertpapierbehörden, verändert wurden.

Lexam VG Gold hat die Option 60% der Paymaster West Liegenschaft im Rahmen
eines Joint Ventures mit Goldcorp zu erwerben, falls Lexam VG Gold 6 Mio.
CAD an Explorationsausgaben bis Juni 2012 in die Liegenschaft investiert.
Sobald Lexam VG Gold den Erwerb von 60% des Gebietes bekannt gibt, hat
Goldcorp 6 Monate Zeit, um zu entscheiden, ob das Unternehmen seinen Besitz
von 40% auf 70% erhöhen möchte, durch Zahlung von 710.000 CAD an Lexam VG
Gold sowie die Übernahme von Explorationskosten für das Gebiet in einem
Umfang von 8,25 Mio. CAD innerhalb von zwei Jahren und die Durchführung
einer Projekt-Realisierbarkeitsstudie bis zum Ende des 3. Jahres.

Vorhandene Goldressourcen

Lexam VG Fuller
Angezeigte      1.533.489 US-Tonnen (ton) mit einem      beinhalten 248.005
Ressourcen:     Goldgehalt von 0,162 oz. Gold/ton        Unzen Gold
Abgeleitete     1.813.065 US-Tonnen mit einem Goldgehalt beinhalten 299.960
Ressourcen:     von 0,165 oz. Gold/ton                   Unzen Gold


Lexam VG Buffalo Ankerite
Angezeigte       1.667.327 US-Tonnen mit einem           beinhalten 224.309
Ressourcen:      Goldgehalt von 0,135 oz. Gold/ton       Unzen Gold
Abgeleitete      2.160.734 US-Tonnen mit einem           beinhalten 274.632
Ressourcen:      Goldgehalt von 0,127 oz. Gold/ton       Unzen Gold


Lexam VG Davidson Tisdale
Angezeigte       934.558 US-Tonnen mit einem Goldgehalt beinhalten 129.442
Ressourcen:      von 0,139 oz. Gold/ton                 Unzen Gold
Abgeleitete      295.857 US-Tonnen mit einem Goldgehalt beinhalten 40.199
Ressourcen:      von 0,136 oz. Gold/ton                 Unzen Gold

Diamant-Bohrungen im Buffalo Ankerite Gebiet

Neueste Bohrungen im Buffalo Ankerite Projekt (Lexam VG Gold besitzt 100%
der Liegenschaft) konzentrieren sich auf eine Erweiterung der
oberflächennahen Goldressource im südlichen Bergwerkareal. Vorherige
Explorationsarbeiten von dem Vorgänger des Unternehmens konnten
signifikante Ergebnisse erzielen, so z.B. 5,09 g Gold/t auf 13,7 m und 1,61
Gramm Gold/t auf 36,1 m. Die aktuellen Bohrungen verfolgen diese positiven
Resultate weiter im Rahmen der Erweiterung einer geologischen Struktur im
Südbergwerk, dem sogn. 'South Mine North Limb'. Das Unternehmen begann im
Herbst 2010 mit den Bohrungen in dieser gefalteten Erweiterung des
Südbergwerkes und konnte dabei bis heute eine vielversprechende
Goldmineralisierung und Goldwerte, 200m entlang des Streichens feststellen
mit einem zusätzlichen Potential einer Ausdehnung in Richtung Westen. Die
Highlights der neuesten Bohrungen zeigt nun die folgende Tabelle und die
kompletten Ergebnisse liefert Tabelle 1. Weitere Diamantbohrungen in 2011
werden die 'North Limb' - Formation weiter untersuchen, als ein Bestandteil
des geplanten 10 Mio CAD umfangreichen Bohrprogramms.

Bo-   von       bis           Weite              Goldgehalt
hr-   (m)       (m)           (m)                (g/t)
loch
Nr.
VB-   92,1      93,6          1,5                20,5
A-
10-
138
VB-   88,9      99,9          10,9               1,19
A-
10-
140
VB-   153,9     158,3         4,3                5,53
A-
10-
144
VB-   270,8     275,8         5,0                4,02
A-
10-
150
ei-                           0,9                14,55
ns-
chl.
VB-   308,6     322,8         14,2               1,82
A-
10-
152
ei-                           4,9                4,44
ns-
chl.


Anm.: Die o.g. Intervalle sind Kern-Abschnittslängen. Die tatsächlichen
Weiten sind derzeit nicht bekannt.

Davidson-Tisdale

In 2010 fanden Bohrungen im Davidson-Tisdale Projekt (Lexam VG Gold 68,5% -
San Gold 31,5%) statt um das Potential in der Tiefe zu testen. Insgesamt
wurden 29 Bohrlöcher gebohrt. Es konnte keine signifikante
Goldmineralisierung in diesen Bohrlöchern festgestellt werden. Obwohl keine
Mineralisierung festgestellt wurde, glaubt das Management von Lexam VG
Gold, dass es eine gute Chance gibt, eine zusätzliche hochgradige
Goldmineralisierung in der Tiefe zu entdecken, ähnlich zu jener, welche
bereits näher an der Oberfläche festgestellt wurde.

www.smallcappower.com/microsite/..._corp_research_reports.html

www.daf.fm/video/...-rohstoffaktien-50141219-CA3809564097.html

07.02.2011

This proposal is for a Basic Comprehensive Certificate of Approval (Air) which is a single Certificate of Approval that replaces the existing Certificate(s) of Approval (Air) and includes the addition of new or historically unapproved sources for all emissions from VG Gold Corp., located at the Fuller mine, City of Timmins, Ontario. VG Gold Corp. proposes to re-open the Fuller underground gold mine and the ore extracted will be shipped offsite for further processing.

This application is for all sources at the facility required to develop and annually extract approximately 175,000 tonnes per annum of gold ore.

Emissions to the atmosphere include products of combustion, particulate matter and metals such as cobalt, nickel, arsenic and magnesium.

The Basic Comprehensive Certificate of Approval (Air) requires that the company demonstrate compliance on an ongoing basis with Ontario Regulation 419/05, applicable Ministry Guidelines for Air and Noise and other performance requirements as specified in their conditions. It permits modifications such as process changes, de-bottlenecking or addition of new equipment subject to limits on operational flexibility that include a production limit for the facility to be specified on the Basic Comprehensive Certificate of Approval (Air). The limited operational flexibility conditions have a five year expiry date. The company will be required to make application for amendment at that time to renew these conditions. Of specific public interest, one condition that will be included on the Basic Comprehensive Certificate of Approval (Air) will require the company to make available, at all times, at the facility for inspection by interested members of the Public, a table (Emission Summary Table) that documents the facility's compliance with Ontario Regulation 419/05

www.ebr.gov.on.ca/ERS-WEB-External/...MTY0ODY5&language=en

www.smallcappower.com/microsite/vg_gold_corp.html#reports

einfach kostenlos anmelden und downloaden als PDF

2 Highlights

*** KZ  1,87 C$ als Mittelwert von 1,65 und 2,09   (peer to peer)

und

**** on Top eine NPV Hochrechnung bei 1200 $ Goldpreis

german.lexamvggold.com/pdfs/...resentationGerman_March2011.pdf

www.global-smallcap-report.com/node/799

...die in irgendwelchen Studien standen, hat sich Lexam-VGGold leider noch nie gehalten.

Zum Glück weiss man ja mittlerweile wie man damit umgehen muss:



Viel Zeit mitbringen.

www.corebox.net/properties/davidson_tisdale/main-zone

Quick Facts

   * Location: Ontario, Canada
   * Principle commodity: Gold
   * 397 holes plotted
   * 68,238m of drilling shown

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

www.corebox.net/properties/buffalo_ankerite

Quick Facts

   * Location: Ontario, Canada
   * Principle commodity: Gold
   * 231 holes plotted
   * 56,858m of drilling shown

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

www.corebox.net/properties/paymaster

Quick Facts

   * Location: Ontario, Canada
   * Principle commodity: Gold
   * 94 holes plotted
   * 28,999m of drilling shown

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

www.corebox.net/properties/fuller

Quick Facts

   * Location: Ontario, Canada
   * Principle commodity: Gold
   * 118 holes plotted
   * 53,399m of drilling shown

www.lexamvggold.com/pdfs/Lexam-VG-Presentation-june-2011.pdf

www.lexamvggold.com/pressreleases/2011/...09%20LEX%20NR%20.pdf

 

 

 

 

 

www.lexamvggold.com/video6.php

 

ROB MC

TOM Meredith

..aus Gesichtern etwas ablesen.... kann jeder selbst..

 

sehr langatmig, da alles aufgenommen wurde

lässt sich nicht vorspulen!

 

2012 wird meiner Meinung nach interessanter werden

 

http://www.lexamvggold.com/video7.php

 

 

The Ubika Gold 50 - An Index of promising junior gold exploration companies: weekly performance report issued 7/18/2011 7:45:15 AM - BSR Jul 18, 2011 (ACCESSWIRE via COMTEX News Network) -- TORONTO, Canada: Ubika Research is pleased to release the weekly performance (week ending July 15, 2011) report for "The Ubika Gold 50", an index of fifty (50) high potential junior gold exploration companies. To view all of the companies in the Ubika Gold 50 Index, their relative performance vis-à-vis TSX Venture Index, read the weekly performance report, follow breaking news about the Index constituents and CEO video interviews please visit: www.smallcappower.com/ubikagold.aspx The Ubika Gold 50 Index was up 99% for 2010. The Ubika Gold 50 Index comprises our top fifty (50) promising junior gold exploration companies. We use various proprietary criteria in selecting these companies including market capitalization, trading volume, exploration location, type and size of deposits and their exploration stage. The Top Ubika Gold 50 market value gainers for the week of (July 11tth - July 15th 2011) include: La Quinta Resources (TSXV: LAQ) (CVE: LAQ) exploring for gold and silver in Nevada, Carpathian Gold Inc. (TSX: CPN) (TSE: CPN) engaged in gold-copper exploration and development in Eastern Europe (Romania) and in Brazil, Lexam VG Gold Inc (TSX: LEX) (TSE: LEX) which has gold exploration project in Timmins, Ontario and Temex Resources Corp. (TSXV: TME) (CVE: TME) which has gold exploration project in Timmins, Ontario. The Ubika Gold 50 Report This free downloadable report provides a summary of the key performance data for "The Ubika Gold 50 Index" and its constituents. It also compares the performance of "The Ubika Gold 50 Index" versus the benchmark TSX Venture Index and Spot Gold price. Apart from the performance of the Index and change in market value of each company in the Ubika Gold 50 list, we also provide a summary of major news events related to these companies and highlight one or more companies in the weekly Ubika Gold 50 Report. To download your free report please visit: www.smallcappower.com/ubikagold.aspx About Ubika Research Ubika Research is an investment research and capital market services firm based in Toronto and Vancouver. It provides comprehensive research, communication and capital market exposure program to highlight the investment potential in micro and small cap companies. For more information visit ubikaresearch.com Disclosure Except for the historical information presented herein, matters discussed in this document contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Ubika Research and www.smallcappower.com (are both divisions of Ubika Corporation), and are not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this report. For making specific investment decisions, readers should seek their own advice. For full disclosure please visit: smallcappower.com/disclosure.aspx For additional information contact: Vikas Ranjan, Managing Director Ubika Research Email: vikas@ubikacorp.com Phone: 416-647-352-2666 Copyright 2011 ACCESSWIRE

Pressemitteilung

BOHRUNGEN IM BUFFALO ANKERITE PROJEKT

FÜHREN ZU WEITEREN POSITIVEN EXPLORATIONSRESULTATEN

28. Juli 2011, Toronto, Ontario, Kanada. Lexam VG Gold Inc. (TSX: LEX), (FWB: VN3A), (OTCQX: LEXVF) gibt
hiermit vielversprechende Explorationsergebnisse aus 4 neuen Bohrlöchern im Buffalo Ankerite Projekt in Timmins,
Ontario, Kanada, bekannt. Zu den Highlights der Ergebnisse zählen insbesondere: 17,63 Gramm Gold pro Tonne
(g/t) auf einer Weite von 3,0 Metern (m), 10,66 g/t Gold auf 4,6 m sowie 17,00 g/t Gold auf 1,5 m.
Bei den derzeitigen Explorationsarbeiten in der sogn. Buffalo Ankerite Nord-Zone konzentriert sich Lexam VG Gold
auf die folgenden Ziele:
1. Prüfung von Arealen, die sich benachbart sowie unterhalb der früher abgebauten Gesteinsschichten befinden, auf
eine qualitativ hochwertige Mineralisierung.
2. Feststellung ob in dem Gebiet parallel verlaufende Zonen mit einer Mineralisierung existieren.
Diese neuesten Explorationsergebnisse zeigen, dass wir in Richtung unserer Explorationsziele vorrücken: “Über die
vergangenen 2 Monate haben unsere Bohrgeräte im Buffalo Ankerite Projekt kontinuierlich immer wieder Abschnitte
mit einer höherwertigen Goldmineralisierung mit einer guten Schichtdicke entdeckt. Drei Bohrgeräte sind derzeit im
Einsatz um die Bedeutsamkeit dieser Ergebnisse zu bestimmen,” sagte Tom Meredith, Präsident und CEO.
Höhere Goldkonzentrationen in der Nähe der alten Minen-Abschnitte entdeckt.
Das Bohrloch VGP-11-109 wurde in einem Bereich, der an die früheren Minenabschnitte der Buffalo Ankerite Nord-
Zone angrenzt, gebohrt und hierbei wurden 10,66 g/t Gold auf 4,6 Metern durchschnitten. Ziel der Bohrung war es,

 

July 18, 2011

Proponent:   Lexam VG Gold Inc
99 George Street
Toronto Ontario
Canada M5A 2N4
Instrument Type:   Approval for sewage works - OWRA s. 53(1)


Description of Instrument:

This application is for a new Certificate of Approval for the Buffalo Ankerite open pit gold mine. Mine water will be pumped into a surface settling pond and arsenic treatment plant before discharging into the South Porcupine River.


www.ebr.gov.on.ca/ERS-WEB-External/searchNotice.do

...

 

                 

Aug 24/11	Jul 28/11	Brissenden, Richard William	Direct Ownership	Common Shares	51 - Exercise of options	105,000	$0.070
Aug 23/11	Jul 28/11	Brissenden, Richard William	Direct Ownership	Options	51 - Exercise of options	-105,000	$0.070
Aug 23/11	Jan 01/11	Brissenden, Richard William	Direct Ownership	Options	00 - Opening Balance-Initial SEDI Report
Aug 23/11	Feb 25/11	Brissenden, Richard William	Direct Ownership	Common Shares	10 - Disposition in the public market	-10,000	$0.980
Aug 23/11	Feb 25/11	Brissenden, Richard William	Direct Ownership	Common Shares	10 - Disposition in the public market	-10,000	$1.000
Aug 23/11	Feb 24/11	Brissenden, Richard William	Direct Ownership	Common Shares	10 - Disposition in the public market	-10,000	$1.000
Aug 23/11	Feb 15/11	Brissenden, Richard William	Direct Ownership	Common Shares	10 - Disposition in the public market	-40,000	$1.049
Aug 23/11	Feb 07/11	Brissenden, Richard William	Direct Ownership	Common Shares	10 - Disposition in the public market	-5,000	$1.100
Aug 23/11	Feb 04/11	Brissenden, Richard William	Direct Ownership	Common Shares	10 - Disposition in the public market	-5,000	$1.060
Aug 23/11	Feb 03/11	Brissenden, Richard William	Direct Ownership	Common Shares	10 - Disposition in the public market	-25,000	$1.040

Drilling in the upper portion of Buffalo Ankerite's South Zone focused on extending the mineralization beyond the current resource and the previously mined areas. Holes completed in this area returned 7.50 gpt gold over 2.4 metres, 27.10 gpt gold over 1.2 metres and 11.64 gpt gold over 1.4 metres, successfully extending the near surface resource by up to 50 metres laterally. Drilling also tested for deeper mineralization within the same area, returning 8.82 gpt gold over 3.4 metres and 5.12 gpt gold over 1.6 metres, with the results occurring 350 and 450 metres below surface, respectively. These results demonstrate the potential to expand the existing resource in multiple directions. The grades encountered in these holes are consistent with the Buffalo Ankerite Mine's past production.

Six additional holes were also drilled to test the deeper potential. Each of these holes intersected the zone but returned lower gold values. Although lower grade, these holes indicate that the zone is continuous over a potentially large area.

Discovery of a Potential New Parallel Zone (Fig. 1, 2 and 3)

Buffalo Ankerite is comprised of several parallel zones. Recent drilling has encountered what appears to be a new zone located between Goldcorp's former producing Aunor Mine (past production 2.5 million ounces) and Lexam VG Gold's Buffalo Ankerite Mine (past production 1.0 million ounces). One of the initial holes from this area returned 13.44 gpt gold over 2.2 metres within a wider intercept that returned 3.47 gpt gold over 16.8 metres, starting at 550 metres below surface. A second deeper hole, located 800 metres below surface, returned 5.74 gpt gold over 0.9 metres, showing the zone extends at depth.

Four additional holes also tested the potential of this new zone, intersecting Quartz-tourmaline breccia veins with anomalous gold values. Although early, the results are encouraging and could represent an exciting exploration target.

Buffalo Ankerite South Zone Mineral Resource

             ------------------------------------------------
                               tonnes         gpt      oz. Au
             ------------------------------------------------
             Indicated      1,217,114        4.59     179,322
             ------------------------------------------------
             Inferred       1,800,828        4.35     251,872
             ------------------------------------------------


P.A. Bevan, P.Eng., February 11, 2009 -"Qualifying Report on the Buffalo Ankerite Property, South Porcupine, Ontario, Canada (NTS 42E 12/SW)"

(1) Mineral resources which are not mineral reserves do not have demonstrated economic viability. The estimate of mineral resources may be materially affected by environmental, permitting, legal, title, taxation, socio-political, marketing, or other relevant issues.

(2) The quantity and grade of reported inferred resources in this estimation are conceptual in nature and there has been insufficient exploration to define these inferred resources as an indicated or measured mineral resource and it is uncertain if further exploration will result in upgrading them to an indicated or measured mineral resource category.

(3) The mineral resources were estimated using the Canadian Institute of Mining, Metallurgy and Petroleum (CIM), CIM Standards on Mineral Resources and Reserves, Definitions and Guidelines prepared by the CIM Standing Committee on Reserve Definitions and adopted by CIM Council December 11, 2005.

Exploration Drill Program

Four diamond drills are operating at the Buffalo Ankerite Project. Three of the drills are located at the North Zone, with the remaining drill located at the South Zone, where the results from this news release were focused. Lexam VG Gold is planning to update the resource estimate for Buffalo Ankerite based on the 2011 drilling and anticipates publishing the results in the first quarter of 2012.

Buffalo Ankerite

Lexam VG Gold owns a 100% interest in the 1,063 acres of the Buffalo Ankerite property. During the period 1926-1953 the Buffalo Ankerite Mine produced 1,018,000 ounces of gold with an average recovered grade of 6.51 grams per tonne.

Lexam VG Gold has an option to earn a 60% interest in the Aunor claim, which lies contiguous to the west of the Buffalo Ankerite claims and which hosts a portion of the South Zone's mineralization. The Aunor claim is surrounded on 3 sides, east, north, south, by the Buffalo Ankerite property.

and Hamilton, 2005).

The Fuller Porphyry has a similar alteration assemblage as described above and is associated with major structures including the Destor Porcupine Fault Zone.

Exploration Drill Program

Three diamond drills are operating on the Lexam VG Gold Timmins Projects:

1. One drill about to commence drilling on the Fuller property porphyry zone, following up on the hole VGF-11-121, which intersected 4.23 gpt over 30.6 m within 50.2 m grading 2.73 gpt;

2. One drill on the Buffalo Ankerite property testing the Buffalo Ankerite North Zone central area, following up on hole VGP-11-106, which intersected 23.85 gpt over 2.4 m (press release of June 9, 2011);

3. One drill on the Paymaster property testing primarily the Buffalo Ankerite North Zone, north area, following up on holes VGP-11-109 and VGP-11-111, which intersected 5.18 gpt over 12.4 m and 17.63 gpt over 3.0 m respectively (press release of July 28, 2011).

Fuller Property

The 100% Lexam VG owned Fuller property lies immediately north of the 100% owned Buffalo Ankerite property and west of the Paymaster property, which is under option from Goldcorp.

NEW GOLD MINERALIZATION ENCOUNTERED AT FULLER PROPERTY

www.lexamvggold.com/pressreleases/2011/...%2029%20LEX%20NR.pdf

...announces that it has received and accepted the resignation of Mr. Thomas Meredith from the position of
President and Chief Executive Officer of the Company...

...Lexam VG Gold had $10.3 million in
cash as of September 30, 2011, with no bank debt. The company has 225,545,265 issued and outstanding shares...



www.lexamvggold.com/pressreleases/2012/...%2004%20LEX%20NR.pdf

March 1, 2012

Lexam VG Gold Inc.: Fuller Property Continues to Deliver Good Results 2.53 Grams Per Tonne Gold Over 122.7 Metres

TORONTO, ONTARIO--(Marketwire - March 1, 2012) - Lexam VG Gold Inc. (TSX:LEX)(OTCQX:LEXVF) (FRANKFURT:VN3A) is pleased to announce positive exploration results from drilling at the Fuller property including 2.53 grams per tonne (gpt) gold over 122.7 metres (m) including 18.28 gpt gold over 7.9 m. Drilling has continued to encounter near surface mineralization in the quartz-feldspar porphyry (QFP) and the surrounding volcanics. Three additional holes were completed following-up on the results of November 29, 2011 where drilling intersected 2.73 gpt Au over 50.2 metres. Results have confirmed the potential of the Fuller property to host near surface mineralization potentially amenable to open pit mining.

Drill Assay Highlights (see Table 1 for complete assay results)

--------------------------------------------------Assay From Assay Intercept Gold Grade Hole # (m) Width (m) (gpt) --------------------------------------------------VGF-11-122 96.3 122.7 2.53 --------------------------------------------------incl 80.8 3.37 --------------------------------------------------incl 7.9 18.28 --------------------------------------------------

--------------------------------------------------VGF-11-123 0 23.5 1.26 --------------------------------------------------106.1 18.3 1.03 --------------------------------------------------

--------------------------------------------------VGF-11-124 34.4 68.1 0.87 --------------------------------------------------140.4 16.6 5.76 --------------------------------------------------incl 1.4 16.40 --------------------------------------------------Intervals reported here are core lengths. True widths are not known at this time. All depth reported as down hole. Results for all the holes drilled are shown at the end of this press release in Table 1. Legend: m = metres; gpt = grams per tonne; Au = gold; incl = including

neuen Höhen für Lexam ?

1 März und wir haben ne BE,wenn es jetzt monatlich weiter geht bin ich zufrieden.


mATHI

--------------------------------------------------VBA-11-187 406.5 24.4 1.2 --------------------------------------------------485.1 8.5 4.25 --------------------------------------------------incl 0.9 11.1 --------------------------------------------------

--------------------------------------------------VBA-11-188 262.8 5.2 4.83 --------------------------------------------------310.5 1.2 7.00 --------------------------------------------------

--------------------------------------------------VGP-11-124 629.5 3.0 7.75 --------------------------------------------------

--------------------------------------------------VBA-11-192 636 2.2 7.52 --------------------------------------------------South Zone --------------------------------------------------VBA-11-190 508.0 11.2 3.41 --------------------------------------------------incl 6.3 4.18 --------------------------------------------------

--------------------------------------------------VGA-11-09 417.7 4.7 5.42 --------------------------------------------------Intervals reported here are core lengths. True widths are not known at this time. All depth reported as down hole. Results for all the holes drilled are shown at the end of this press release in Table 1. Legend: m = metres; gpt = grams per tonne; incl = including

North Zone Resource Expanded Along Strike and to Depth

http://www.ariva.de/lexam_vg_gold-aktie/news

www.lexamvggold.com/reports_and_presentations.php

www.lexamvggold.com/

June 18, 2012 Lexam VG Gold Exercises Paymaster Property Option-Enters Into Joint Venture Agreement With Goldcorp TORONTO, ONTARIO--(Marketwire - June 18, 2012) - Lexam VG Gold Inc. ("Lexam VG Gold") (TSX:LEX) (OTCQX:LEXVF)(FRANKFURT:VN3A) is pleased to announce that it has exercised its option to acquire a 60% ownership interest in Goldcorp Canada Ltd. ("Goldcorp")'s Paymaster Property.

In 2008, VG Gold Corp. (now Lexam VG Gold) entered into an agreement with Goldcorp whereby over a period of four years, among other commitments, it would incur $6 million in qualifying expenditures on the Paymaster Property in Timmins, Ontario. As of the date of this press release Lexam VG Gold has satisfied these requirements, including having completed 27,000 metres of core diamond drilling. As such, Lexam VG Gold has given Goldcorp written notice of its election to exercise the option to acquire 60% interest in the Paymaster Property.

Following the date of Lexam VG Gold exercising the option, Goldcorp has six months to elect the Back-In Right to acquire an additional 30% from Lexam VG Gold by: (i) Paying Lexam VG Gold $710,000; (ii) Incurring a minimum of $8.25 million in qualifying expenditures on the property by the second anniversary of the Back-In Right notice; (iii) Completing a feasibility study on all or part of the property by the third anniversary of the Back-in Right notice.

Background on the Paymaster Property and the Paymaster Exploration Drill Program

www.lexamvggold.com/pressreleases/2012/...%2011%20LEX%20NR.pdf

             (M tonnes)   (gpt)    (oz) (M tonnes)   (gpt)    (oz) Change
--------------------------------------------------
Measured + Indicated Resources                                              
Fuller                1.3    5.49 236,245                  Unchanged      -
Davidson                                                                    
Tisdale              0.8    4.75 129,442                  Unchanged      -
Paymaster             1.9    1.82 113,449                  Unchanged      -
Buffalo                                                                    
Ankerite             1.5    4.63 224,309        4.5    3.70 531,671   +137%
--------------------------------------------------
Total Measured + Indicated:       703,445                  1,010,807    +44%
--------------------------------------------------
                                                                         
--------------------------------------------------
Inferred Resources                                                          
Fuller                1.6    5.66 299,960                  Unchanged      -
Davidson                                                                    
Tisdale              0.3    4.66  40,199                  Unchanged      -
Paymaster             1.7    1.72  92,642                  Unchanged      -
Buffalo                                                                    
Ankerite             2.0    4.35 274,632        3.5    3.70 417,032    +52%
--------------------------------------------------
Total Inferred:                   707,433                    849,833    +20%
--------------------------------------------------
              (See Note 1 at the end of this news release)                
                                                                         
In this press release the following abbreviations are used: opt = ounce per
ton; gpt = gram per tonne, Au = gold; oz = ounce; ft = foot; m = metre; M =
million. The following definitions apply: 1 tonne = 1,000 kilograms = 2,205
pounds; cut-off grade = the grade value that distinguishes ore from waste,  
where material which has a grade below the cut-off grade is classified as  
waste and material with a grade equal to or greater than the cut-off grade  
is classified as ore.


The Buffalo Ankerite Project - Description and Gold Resources

The current resource estimates for the Buffalo Ankerite Project are an update of the 2009 NI 43-101 resource estimate. A total of 98,522 metres of diamond core data from 311 drill holes was utilized to calculate the new resource estimates. The 2010-2012 drilling program has accomplished its objectives of converting portions of the Inferred Resources to Indicated Resources, of outlining additional resource extensions and of establishing potential for continued expansion of the mineralization at depth.

The Buffalo Ankerite Project consists of two separate zones, the South Zone and the North Zone, that each extend over two properties, Lexam's 100% owned Buffalo Ankerite and Lexam's 60%-Goldcorp's 40% owned Paymaster property (see Figure 1). The numbers presented in press release represent Lexam's net resources on the Project. The 2012 resource estimates were calculated using a manual polygonal cross-sectional method. High grade assays above 34.29 gpt Au (1 opt Au) were cut to this value. Tonnage estimates were based on a tonnage factor of 11.4 cubic feet per ton.

Lexam VG modeled the Buffalo Ankerite resource using different cut-off grades. In the first estimate (Option I below) the same cut-off was used as in 2009 (1.71 gpt Au) to provide a direct comparison to the earlier estimate. This approach gives investors a clear sense of the additional resources discovered through exploration. In the second estimate (Option II below) a lower cut-off was used to account for the possibility of using lower cost open pit mining methods above a depth of 300 metres. Option II cut-off grades were 0.51 gpt Au above a depth of 300 metres and 1.54 gpt Au below. These cut-off grades were derived using a formula that takes into account the current gold price and the projected cost of production. Results of the two estimates are as follows:

Option I - Using the same grade as in 2009. A cut-off grade of 1.71 gpt Au (0.05 opt Au), the same as for the 2009 resource estimate, was used to allow a direct comparison of the two estimates. As illustrated in Table 1 and Chart 1, the total resource on the Buffalo Ankerite Project at this cut-off grade was:


--  Indicated Resource of 4.5 million tonnes at average grade of 3.7 gpt
  gold for a total of 531,671 oz gold, an increase of 137% from the 2009
  Indicated Resource, representing a conversion of Inferred to Indicated
  resources;

--  Inferred Resource of 3.5 million tonnes at average grade of 3.7 gpt gold
  for a total of 417,032 oz gold, an increase of 52% from the 2009
  Inferred Resource, representing a resource addition and indicating
  further potential at depth.


Option II - Using a lower grade than in 2009. Due to the possibility of mining by open pit methods and to the price of gold doubling from early 2009 when the previous resource estimate on the Project was completed, management believes an additional estimate is warranted. Following current industry standards, this estimate employed cut-off grades of 0.51 gpt Au above 300 m and 1.54 gpt Au below 300 m depth (0.015 opt Au above 1,000 ft and 0.045 opt Au below 1,000 ft depth). These parameters were selected as the portion of the resource within the upper 300 m (1,000 ft) was determined to have potential for a lower cost, open-pit mining method of extraction and therefore a lower cut-off grade could be utilised, while the resource below 300 m from surface would have to be extracted with more costly underground mining methods and therefore the higher cut-off would apply. The results are presented in Table 2 and Chart 1 below.

Table 2. 2012 Gold Resource Estimate for South Zone and North Zone
(Cut-off grades: 0.51 gpt Au/ 1.54 gpt Au above/ below 300 m depth)


--------------------------------------------------
Resource                                     Tonnage       Grade        Gold
Classification                South Zone  (M tonnes)       (gpt)        (oz)
--------------------------------------------------
Indicated                          Above         5.7        2.01     367,955
--------------------------------------------------
Inferred                           300 m         3.6        1.79     206,386
--------------------------------------------------
                                                                         
--------------------------------------------------
Indicated                          Below         0.9        3.26      96,342
--------------------------------------------------
Inferred                           300 m         1.2        3.12     116,292
--------------------------------------------------
                                                                         
--------------------------------------------------
Indicated                          Total         6.6        2.18     464,297
--------------------------------------------------
Inferred                      South Zone         4.8        2.11     322,678
--------------------------------------------------

--------------------------------------------------
Resource                                     Tonnage       Grade        Gold
Classification                North Zone  (M tonnes)       (gpt)        (oz)
--------------------------------------------------
Indicated                          Above         2.5        2.20     175,170
--------------------------------------------------
Inferred                           300 m         1.8        2.24     129,134
--------------------------------------------------
                                                                         
--------------------------------------------------
Indicated                          Below         0.6        3.13      60,985
--------------------------------------------------
Inferred                           300 m         0.9        3.05      92,115
--------------------------------------------------
                                                                         
--------------------------------------------------
Indicated                          Total         3.1        2.39     236,155
--------------------------------------------------
Inferred                      North Zone         2.7        2.52     221,249
--------------------------------------------------


(See Note 2 at the end of press release)

The total resource on the Buffalo Ankerite Project at cut-off grades 0.51 gpt Au above 300 metres and 1.54 gpt Au below 300 metres depth is consequently as follows:


--  Indicated Resource of 9.7 million tonnes at average grade of 2.25 gpt
  gold for a total of 700,452 oz gold, an increase of 212% from the 2009
  Indicated Resource;

--  Inferred Resource of 7.5 million tonnes at average grade of 2.26 gpt
  gold for a total of 543,927 oz gold, an increase of 98% from the 2009
  Inferred Resource.


The chart below presents the 2009 resource estimate together with the 2012 resource updates (Option I and Option II) on Buffalo Ankerite.

To view Chart 1, please visit the following link: media3.marketwire.com/docs/lex0920chart1.pdf.

The table below summarizes the differences between the 2009 resource estimate and the 2012 resource updates (Option I and Option II) on Buffalo Ankerite.

Table 3. Comparison of Buffalo Ankerite 2009 and 2012 Gold Resource Estimates


--------------------------------------------------
Resource Estimate                        2009               Option I, 2012  
Cut-off grade                      1.71 gpt Au                 1.71 gpt Au  
--------------------------------------------------
Indicated       South Zone                                       Indicated  
                                                                % Change  
                                  179,322 oz    351,374 oz    From 2009:  
                                                                         
              North Zone           44,987 oz    180,297 oz                
              --------------------------------------------------
              Total               224,309 oz    531,671 oz          +137%
--------------------------------------------------
                                                                         
--------------------------------------------------
Inferred        South Zone                                        Inferred  
                                                                % Change  
                                  251,872 oz    244,678 oz    From 2009:  
                                                                         
              North Zone           22,760 oz    172,354 oz                
              --------------------------------------------------
              Total               274,632 oz    417,032 oz           +52%
--------------------------------------------------

     --------------------------------------------------
                                                  Option II, 2012
     Resource Estimate                      0.51 gpt/ 1.54 gpt Au
     Cut-off grade                       above/ below 300 m depth
     --------------------------------------------------
     Indicated       South Zone                         Indicated
                                                         % Change
                                         464,297 oz    From 2009:
                                                                 
                     North Zone          236,155 oz              
                     ---------------------------------------------
                     Total               700,452 oz          +212%
     --------------------------------------------------
                                                                 
     --------------------------------------------------
     Inferred        South Zone                          Inferred
                                                         % Change
                                         322,678 oz    From 2009:
                                                                 
                     North Zone          221,249 oz              
                     ---------------------------------------------
                     Total               543,927 oz           +98%
     --------------------------------------------------


(See Note 3 at the end of press release)

About Lexam VG Gold Properties

All of Lexam VG Gold's properties are located in the prolific Timmins, Ontario, Canada gold district. This is a long established mining area with excellent infrastructure including highway access, readily available power and access to skilled work force.

Buffalo Ankerite Property

The Buffalo Ankerite property consists of 1,063 acres. It is located within a few kilometres from the producing Goldcorp Dome Mine to the east, past producing Hollinger and McIntyre Mines to the north and Aunor Mine to the west (see Figure 1). These mines have generated more than 50 million of the 70 million ounces of gold produced in the Timmins gold district. Between 1926 and 1953 the Buffalo Ankerite property produced 1,018,000 ounces of gold with an average recovered grade of 6.51 grams per tonne (0.19 ounces per ton). Additional information about the Buffalo Ankerite property can be found in the 2009 Buffalo Ankerite Report (see Note 1 at the end of the press release).

Fuller Property

Recent drilling at the Fuller property has continued to encounter near surface gold mineralization in the quartz-feldspar porphyry and the adjacent volcanics. Based on these favourable drill results and on historic results, a re-assessment of the Fuller mineralization that utilizes an open pit mining scenario and includes a new resource estimate is underway. Additional information about the Fuller property can be found in the 2007 Fuller Report (see Note 1 at the end of the press release).

Davidson Tisdale Property

The Davidson Tisdale property consists of 10 claims totalling 520 acres in the Tisdale Township in North-Eastern Timmins. The property is located approximately 5 km along strike from Hollinger, McIntyre and Coniaurum mines, which have produced over 31 million ounces of gold. The property is a joint venture where Lexam VG Gold owns 68.5% and SGX Resources owns 31.5%. Davidson Tisdale was subject to minor production in 1988 by Getty Canadian Metals, with a total of 7,300 ounces of gold mined. Additional information about the Davidson Tisdale property can be found in the 2007 Davidson Tisdale Report (see Note 1 at the end of the press release).

Paymaster Property

In June 2012, Lexam VG Gold announced that it has exercised its option to acquire a 60% interest in Goldcorp's Paymaster Property. Goldcorp has until December 2012 to exercise their back-in right to increase their interest from 40% to 70%. To earn the back-in right, Goldcorp needs to make expenditures of $8.96 M on the property and to complete a feasibility study within three years. Additional information about the Paymaster property can be found in the 2011 Paymaster Report (see Note 1 at the end of the press release).

About Lexam VG Gold

Lexam VG Gold has four key properties in the Timmins gold district of Ontario, Canada. The Company's exploration efforts have been designed to grow its gold resource base with the objective of identifying economic deposits. As of June 30, 2012 Lexam VG Gold had $5.8 million in cash, with no bank debt. The Company has 226,570,860 issued and outstanding shares, with 27% owned by Chairman Rob McEwen.

Technical Information

All exploration work for the Buffalo Ankerite Project was conducted under Kenneth Guy, P. Geo, Senior Geological Consultant and Qualified Person for the Company, as defined by NI 43-101. Mr. Guy has reviewed and approved the technical contents of this news release.

All drilling was completed using NQ size core. Gold analysis of the samples collected by Lexam VG Gold was assayed by ALS Chemex. Analysis consisted of a fire assay of a 30-gram sample with an atomic absorption finish. Samples assaying over 10.0 gpt Au were re-assayed with gravimetric finish. Samples noted to contain visible gold were analyzed via total metallic assay method. A rigorous Quality Assurance and Quality Control Program (QA/QC) was in place, using control samples such as blanks and duplicate checks. In addition, duplicate analyses of 10% of the samples were corroborated by check assays performed at a third party laboratory.

The mineral resource estimate on the Buffalo Ankerite Project was completed by Peter Bevan, P.Eng, mining geological consultant and an independent Qualified Person in accordance with NI 43-101. Mr. Bevan has reviewed and approved the technical contents of this news release. A NI 43-101 compliant technical report containing the new resource estimate on the Buffalo Ankerite Project will be filed on SEDAR (www.sedar.com) within 45 days of this press release.

For additional information about the Buffalo Ankerite Project refer to the 2009 Technical Report (filed Aug 25, 2009), available on SEDAR (www.sedar.com).

The mineral resource estimates completed by Peter Bevan were based on geological interpretations and data supplied by Lexam VG Gold. Mr. Bevan has visited the Buffalo Ankerite Project on numerous occasions, most recently in July 2012. He has reviewed the drill hole database, resource modeling, and the QA/QC for verification of gold grades. Site visits, data review and QA/QC presented no issues of concern regarding the resource estimate.

The resource estimates contained herein do not constitute a feasibility or pre-feasibility study and contain no mineral reserves within the meaning of NI 43-101 or SEC Industry Guide 7. The mineral resource figures referred to in this press release are estimates and therefore insufficient to allow meaningful application of the technical and economic parameters to enable an evaluation of technical or economic viability and no assurances can be given that the indicated levels of gold will be produced. Such estimates are expressions of judgment based on knowledge, mining experience, analysis of drilling results and industry practices. Valid estimates made at a given time may significantly change when new information becomes available. While the Company believes that the resource estimates included in this press release are well established, resource estimates are imprecise by their nature and depend, to a certain extent, upon statistical inferences which may ultimately prove unreliable. If such estimates are inaccurate or are reduced in the future, this could have a material adverse impact on the Company. In addition, this news release includes inferred resources that are too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral reserves.

Cautionary Note to U.S. Investors

www.lexamvggold.com/pressreleases/2013/...%2031%20LEX%20NR.pdf

www.canadianminingjournal.com/news/...ys-gold-mill/1000043708/

Sollte man vielleicht auch mal brauchen :-)

www.lexamvggold.com/pdfs/...08%20Lexam%20VG%20Presentation.pdf

Kann da jemand von Euch was Neues rauslesen?

lexamvggold.com/2013_05_09_LEX_NR.php

www.lexamvggold.com/pdfs/2013_08_20_RobMcEwen_Interview.pdf

Quelle visualcapitalist.com

www.visualcapitalist.com/...old-mine-and-deposit-rankings-2013

Pdf file

428 v 500 mit grade v 4,06 gramm/to

                  der Mittelwert liegt bei 1,01 gramm/to

heute mit FED wird die Goldrichtung der kommenden Monate festgelegt

frohes Fest

guten Rutsch

www.lexamvggold.com/pressreleases/2014/LEXatPDAC.pdf

2- 5.03

Q lexamvggold.com

Schade das Gold heute wegen der KrimKrise steigt, vielleicht bald über 1350 U$  ???

www.stockhouse.com/news/press-releases/...overies-in-line-with

Teil 1  PEA soll noch folgen !

TORONTO, ONTARIO--(Marketwired - March 6, 2014) - Lexam VG Gold Inc. (the "Company", "Lexam") (TSX:LEX)(FRANKFURT: VN3A)(OTCQX:LEXVF) is pleased to report positive results from preliminary metallurgical testwork, indicating recoveries from 90.7% to 98.5%. Drill core samples were analyzed from our four gold projects in Timmins, Ontario (Buffalo Ankerite, Paymaster, Fuller and Davidson Tisdale). These results will be utilized in the ongoing Preliminary Economic Assessment ("PEA") examining the open pit potential of the gold projects.

The preliminary metallurgical results indicate:

   High recoveries between 90.7% and 98.5% for traditional gravity concentration and cyanide leach processes, in line with historic metallurgical results;
   Recoveries for both processes occurred at relatively coarse grind sizes, with P80 of 68 to 82 microns, while a more commonly used finer grind would likely yield higher recoveries;
   Maximum cyanide leach recoveries were achieved in just over 24 hours residence;
   The samples had favourable characteristics, including low reagent consumption and short leach times;
   Recovery increases with finer grind, indicating the potential for improved results with additional testwork.

Lexam has NI 43-101 resource estimates for the four projects. The recently released resource estimates were completed to better define the near surface resource within a potential open pit shell. The updated resources were classified into two categories: Open Pit and Underground (Table 2).

A Preliminary Economic Assessment is being conducted to determine the economic viability of open pit mining on each of the properties. The Open Pit Gold Resource Estimate on the four projects is:
Open Pit Measured and Indicated - 761,400 oz Au @ 1.91 g/t Au
Open Pit Inferred - 358,400 oz Au @ 1.78 g/t Au
(A cut-off of 0.51 g/t Au was utilized based on US$1,600/oz Au price and an exchange rate of US$1.00=C$1.00.
See Note on Mineral Resources at the end of this press release.)

For abbreviations used please see List of Abbreviations at the end of this press release.

Recent Metallurgical Testwork

The study was conducted by SGS Minerals Services ("SGS") at its Lakefield, Ontario facility. Composite samples were submitted by Lexam to SGS for a metallurgical investigation into the recovery of gold. The 5 samples of diamond drill core utilized in the metallurgical testing represent composite intervals from the open pit sections of the properties (one sample was tested for each Buffalo Ankerite North Zone, Buffalo Ankerite South Zone, Paymaster, Fuller and Davidson Tisdale). Most of the properties have either historic metallurgical studies or a history of gold milling indicating favourable metallurgical properties on grades of underground tenure. The objective of the present studies was to confirm that the favourable recovery extended to the lower grades of the open pittable resources. The results confirmed favourable metallurgical recovery of the lower grades contained within the proposed open pits, similar to the gold recovery of the historic underground mining.

The selected composite samples originated from drill holes within the resource optimized pit shells and were selected to be representative of the gold grades of the open pit resource at the Timmins projects. The gold head analysis confirmed the grades anticipated by Lexam, with a representative range of low assays, 0.5 to 1.5 g/t Au, within the composite. The highlighted column "Grav + CN" in Table 1 that follows indicates the overall recovery that can be expected. The results were favourable indicating recoveries from 90.7% to 98.5%.
Table 1. Summary of Cyanidation Test Results

Test No. P80, um Reagent, Au Extraction/Recovery, % Au Residue, g/t Au Head, g/t
kg/t of CN feed
Addition Consumption 4 7 24 48 Grav Grav
+ CN A B Average CN
Calc Grav
Calc Direct
NaCN CaO NaCN CaO
Buffalo Ankerite North Zone Composite G-2 Tailing
CN-1 103 0.83 0.54 0.08 0.51 82 85 88 88.9 13.5 90.4 0.42 0.38 0.4 3.6 4.15 3.60
CN-2 68 0.97 0.41 0.29 0.39 88 91 93 93.3 94.2 0.25 0.23 0.24 3.59

Buffalo Ankerite South Zone Composite G-1 Tailing
CN-3 149 0.79 0.52 0.14 0.51 75 78 85 86.6 17.7 89 0.27 0.26 0.27 1.98 2.36 2.20
CN-4 82 1.38 0.41 0.72 0.39 79 87 93 92.4 93.7 0.14 0.15 0.15 1.9

Paymaster Composite G-3 Tailing
CN-5 131 0.77 0.41 0.07 0.4 61 66 72 73.2 13.6 76.8 0.54 0.5 0.52 1.94 2.31 2.20
CN-6 74 1.44 0.28 0.7 0.24 70 84 90 90.5 91.8 0.2 0.19 0.2 2.05

Fuller Composite G-4 Tailing
CN-7 135 0.75 0.34 0.05 0.32 64 68 76 79.7 37 87.2 0.2 0.23 0.22 1.06 1.68 2.20
CN-8 65 0.76 0.37 0.05 0.35 76 80 85 85.3 90.7 0.16 0.15 0.16 1.06

Davidson Tisdale Composite G-5 Tailing
CN-9 137 0.75 0.55 0.17 0.55 49 62 91 94.8 24.2 96.1 0.03 0.1 0.05 0.87 1.23 0.7
CN-10 68 1.47 0.54 0.82 0.53 58 77 94 98 98.5 0.02 less than 0.02 0.02 0.98

The test conditions applied were as follows:

Cyanidation Test Conditions
               
Primary Grind =   10 kg Rod Mill   Retention Time =   48 hours
Regrind =   2 kg Rod Mill   Pre-airation =   not applicable (na)
Size Target =   variable   Dissolved Oxygen =   na
Pulp pH =   10.5 - 11 (maintained with lime)   Carbon =   na
Cyanide Concentration =   0.50 g/L NaCN   Temperature =   ambient
% Solids =   40% solids   DO target =   na
               

The Program was conducted by SGS Minerals Services at its Lakefield facility, under the supervision of Vivien Delaney, Metallurgist - Gold Group, Metallurgical Operations.

The metallurgical report recommended that the potential to reduce milling costs and improve gold recovery through optimizing these techniques still exists with further testing.

Comparison to Historic Metallurgy

The Fuller and Davidson Tisdale deposits saw development during the period 1984 - 1988, which included the development of a ramp to access the ore and the mining and processing of a bulk sample. Extensive metallurgy was conducted during this period at both an independent laboratory, as well as at local mills that processed the bulk sample. The results obtained during this extensive metallurgical testing of underground samples compares very favorably with the recent results obtained by SGS.

The Fuller metallurgical testwork indicated recoveries utilizing direct cyanidation of between 85% to 97% gold extraction at the independent laboratory and 93.8% at the mill lab. Reagent consumption was characterized as low and leach times were within the normal thresholds.

Davidson Tisdale metallurgical testwork completed at a local mill as well as detailed work completed at an independent laboratory indicated that direct cyanidation yielded a high gold extraction (97% to 98% recovery), at a relatively coarse grind and with relatively low reagent requirements.

The Buffalo Ankerite North and South Zones had historic underground mining of over 1 million ounces of gold as below:
  Years Gold
(ounces) Gold
(opt) Ore Milled
(tons)
Ankerite/March 1926-1935 61,039 0.19 317,769
Buffalo Ankerite 1926-1953, 1978 957,292 0.19 4,993,929

Production statistics from the Ontario Department of Mines annual reports indicate that gold recoveries of 92% to 95% were achieved during the production period, using the standard Merrill Crowe process.

das gleiche habe ich mich auch gefragt.

April 23, 2014
Lexam Announces Positive Preliminary Economic Assessment Results for the Open Pit Projects in Timmins
Project Generates 32% IRR and C$33 Million NPV After-Tax; Cash Costs of US$865 per Ounce Gold
TORONTO, ONTARIO--(Marketwired - April 23, 2014) - Lexam VG Gold Inc. (the "Company", "Lexam") (TSX:LEX)(FRANKFURT:VN3A)(OTCQX:LEXVF) announces the results of a Preliminary Economic Assessment ("PEA") on its open pit gold projects in Timmins, Ontario, Canada. The PEA was initiated to assess the potential of Lexam's gold projects, which include the Buffalo Ankerite, Davidson Tisdale, Fuller and Paymaster properties. The study was completed by RPA Inc. ("RPA") of Toronto, Canada, and is based on the Company's June 2013 mineral resource estimate.....
The focus on the potential for open pit mining on the properties was driven by the near surface nature of the gold mineralization and previously released drill results indicating substantial widths of mineralization. In addition, there remains exploration potential to further expand the existing mineral resource at surface and to depth, in particular by expansion of the recently updated underground resource estimate of 650,600 ounces ("oz") gold ("Au") Measured and Indicated from 4.16 million tonnes grading 4.86 grams per tonne ("g/t") Au and 574,500 oz Au Inferred from 4.07 million tonnes grading 4.39 g/t Au. Further exploration by Lexam will focus on increasing the open pit and underground resources and adding new resource areas.

All dollar amounts in this press release are stated in C$ unless otherwise specified. PEA results are presented on a 100% ownership basis. The disclosure set forth below is derived from the PEA unless expressly noted.
...
.....

www.lexamvggold.com/pdfs/2014_05_08PresentationLexAGM.pdf

viel blabla ohne 2014 Planungen zu konktretisieren, ab Juni ist PEA auf SEDAR .....

Slide 23-25 haben ein neues Gebiet !! ??

"Teefy Gold" einziges Explorationstarget 2014, alte Funde gibt es nicht....
gehörte vor langer Zeit zu Canamax Res.

www.geologyontario.mndmf.gov.on.ca/...5SE0113//42A15SE0113.Pdf

www.d.umn.edu/prc/lakesuperiorgeology/..._pt2d_Marathon.cv.pdf

Frage mich ernsthaft was das soll?
ACE in the hole ? wohl eher zum Zeit gewinnen da man dort mit wenig Geld "etwas" tuen kann.

hohe Umsätze in DE im Gegensatz zu CAN !!!

Kein Lebenszeichen von Lexam auf Tmx.com News wie traurig diese Geschichte hier wohl endet ?

Man weiß es ja nicht man bekommt ja nichts geschrieben usw.
Leider ist die Aktie so gut wie tot. Der Investor hoffentlich finanziell auch..

www.ebr.gov.on.ca/ERS-WEB-External/...MTg0OTI0&language=en

Client Number: 999537
Larder Lake
www.mci.mndm.gov.on.ca/Claims/Cf_Claims/clm_clr.cfm

www.geologyontario.mndm.gov.on.ca/...&uuid=MDI42A06NW00011