Mutiny Gold 16m@ 15,3g/t Au & 6% Cu

Holes 10DRC25 and 26, drilled into the Central Lode (see Figure 1) also returned significantly
stronger intersections than was anticipated. The other holes drilled into the Central Lode returned,
overall, similar results to previous drilling.
The results are listed in Table 1 for all intersections greater than 0.5g/t Au. They include:
· 2m @ 11.9g/t Au and 0.98% Cu in 10DRC01;
· 3m @ 19.9g/t Au and 2.0% Cu in 10DRC02;
· 16m @ 15.3g/t Au and 6.0% Cu in 10DRC05;
· 10m @ 5.4g/t Au and 1.9% Cu in 10DRC06;
· 4m @ 24.9g/t Au and 10.1% Cu in 10DRC08;
· 3m @ 12.5g/t Au and 3.1% Cu in 10DRC09;
· 2m @ 27.2g/t Au and 0.42% Cu in 10DRC21;
· 10m @ 10.3g/t Au and 0.37% Cu in 10DRC 25; and
· 6m @ 16.0g/t Au and 2.2% Cu in 10DRC36.
Mutiny’s independent resource consultant, Continental Resource Management, will use the results
to update the resource estimate for the Deflector Deposit. The resource estimate is expected to be
complete by mid-December.
Mutiny Gold Managing Director, John Greeve said the results of the upgrade drilling program
were highly encouraging. “The Deflector Deposit continues to live up to and in many cases
exceed our expectations. Our immediate focus is on driving shareholder value by upgrading the
resource at Deflector, which we hope to be able to announce before Christmas, and will underpin
the Bankable Feasibility Study,” Mr Greeve said.
“Additionally we believe there is a high probability of discovering further gold-bearing deposits in
the near-mine vicinity and delineating additional resources, so we are very excited about the
upside potential of the Gullewa project,” Mr Greeve added.
Background
The Deflector Gold-Copper Deposit contains total Mineral Resources of 3.3Mt @ 5.4g/t Gold and
0.76% Copper for 560,000oz Gold and 25,000t Copper of which Measured and Indicated
Resources total 1.7Mt @ 4.2g/t Gold and 1.03% Copper for 230,000oz of Gold and 17,000t of
Copper. (see Table 3). The resource was estimated in 2006.
Mutiny plans to commence production with an open pit mining operation at the Deflector Deposit,
followed by underground mining after two years. The payback period from the open pit operations
is estimated to be eight months based on previous mine studies. A mine scoping study is
expected to be completed by the end of 2010.
It’s intended that the ore will be processed at the existing Gullewa Mill (following modifications to
allow the treatment of copper-gold ores). The Company also plans to process Gold Concentrate
from the Company’sWhiteWell Deposit near Cue at the Gullewa Mill.
For further information please contact:
John Greeve David Brook
Managing Director Professional Public Relations
Mutiny Gold Limited T: 61 8 9388 0944/ 0415 096 804
T: 61 8 9368 2722 E: david.brook@ppr.com.au
E: mgl@mutinygold.com.au
Website: www.mutinygold.com.au

The Deflector Deposit-resource analysis has shown that it has total 3,300,000 tonnes of total resource available which includes 560,000 ounces of gold, 580,000 ounces of silver and 25,000 tonnes of copper.

White Well Project has total inferred resource of 113,000 ounces of gold. Following a feasibility study conducted in 2006 confirming that mining at Deflector would be profitable, the company is in the final stages of a preparing a detailed mine scoping study.

The latest drilling programme at Deflector Deposit has shown significant gold-copper mineralization.



Gold Production Planned to Commence in 2012:

The Gullewa-Deflector deposit scoping study is being finalised and production at Gullewa is planned to commence in 2012.



Future Extension Plan at Deflector Deposit:

The company has planned further drilling along strike of Deflector mineralization in early 2011 to test mineralized extensions and high-grade drill intersections identified in earlier drilling. Deflector resource is open in all directions.



License to a Wide Mining Area:

The company has 100% ownership of exploration leases on the Donnellys Copper Project. It has 51% interest in the highly prospective Widgie South Prospect which it can increase up to 80%. It has 70% interest in the Gullewa Gold Project with an intention to move to 100% and more than 85% interest in White Well Project.



High Value By-Products:

The company would extract gold: silver; copper; iron; and nickel. The production of such high value metals would add to the revenue of the company.



Rising Metal Prices:

Rising gold and other metal prices promises good revenue to the company. Increasing industrialization in Asia would further boost the demand for metals in Asian markets.

Demand for metals as an investment has also risen in recent years due to falling confidence in currencies.



Low Production Cost in White Well Project with Potential Treatment at Gullewa:

The company would get benefit of lower mining costs at White Well, which has an estimated resource of 91,000 ounces of free digging gold, due to the deep weathered nature of the ore body.

The deep weathered nature of rock cancels out much of the expensive drill and blast methods used in conventional mines thereby making mining more cost effective.



Well Placed Infrastructure:

Gullewa project has infrastructure already in place which includes a 300kt pa mill; camp; offices; power-plant and other facilities.

After some upgrades it would be able to process ore from the White Well project.

20 TL von unten nach oben wieder durchschnitten, das könnte den nächsten Run auf die 20 auslösen...

In Summe aber sowieso ne Aktie die einige Jahre im Depot verweilen sollte

allerdings kaum reaktion im Kurs... Volumen wieder stark gestiegen,
anbei mal ein schöner link mit kursverlauf und Sicht auf die NEWS
www.asx.com.au/asx/research/...o.do?by=asxCode&asxCode=MYG

targeting 1,65 to 2,5M Oz. Gold & 40000-80000T Copper

stocknessmonster.com/news-item?S=MYG&E=ASX&N=526096

Am Mittwoch sollen die Ergebnisse der Bohrungen kommen, hoffen wir dass diese gut sidn...

www.asx.com.au/asxpdf/20110215/pdf/41ws71pfrt6g53.pdf

 

Klingt sehr gut..

Riesen Volumen in Australien, allerdings kaum Bewegungen im Kurs... ich denke dass jetzt aber die Basis da ist für neue Kursanstiege... desweiteren müssten ja in einigen Wochen die Bohrergebnisse kommen

www.minenportal.de/...duktion-bei-Deflector-Ende-2012-beginnen

stocknessmonster.com/news-item?S=MYG&E=ASX&N=534149

der Kurs in Australien allerdings absolut lächlerich, wenn man bedenkt dass wir schon bei 0,19AUD waren , dann extrem gefallen sind und durch Japan von 13 auf 11 Cent gefallen sind.... und dann werden gerade mal diese 2 Cent, die nur einer übertriebene Marktreaktion waren wieder aufgeholt ist das für mich extremst enttäuschend.

Mit diesesn Ergebnissen müsste die Aktie locker bei 0,18-0,25AUD liegen

Hallo zusammen,

Das sind super Ergebnisse ich kann mir den laecherlichen Kurs auch nicht erklären.  Genauso wie bei redhill Ressource
die an diesem Projekt beteiligt sind und noch bald mit dem seltenen erden Projekt anfangen. Der Markt ist zur Zeit verrückt, wünsche uns allen bald steigende Kurse.

Significant exploration upside

The current resource is open in all directions and following a recent RC drilling program at Deflector which demonstrated the potential for a 50% increase in the strike length, MYG has announced a resource target of 1.7Moz – 2.5Moz for Deflector.

Resource upside also exists at other deposits at Gullewa including Spanish Galleon and Pieces of Eight which recently recorded high grade gold intercepts.


Attractive valuation

We consider MYG to be an attractively priced gold developer capped at just $40m, expected to begin production from Deflector in 2012 with significant exploration potential targeting >2Moz Au resources at Deflector.

Moreover, MYG is one of the cheapest ASX listed gold stocks on an EV/oz Au resource basis, trading at ~$50/oz which compares favourably with the sector average of ~$150/oz. Our in-situ valuation is $0.33 and represents our initial price target.

mineralisation, have extended the known length of the mineralisation by 60m, bringing the total
Deflector strike length to at least 800m (Figure 1).
Deflector Southern Extension Drill Results
Mutiny has received the assay results from the first 15 holes of its Deflector Southern Extensions
(Area 1) Reverse Circulation (RC) program which commenced on 6 May. The drilling was carried
out to delineate near-surface extensions to the main West Lode to the south of the Deflector
Deposit. The results are presented in Table 2 for all intersections greater than 0.5g/t Au or 0.5%
Cu. Drill-hole locations are shown on Figure 1 and listed in Table 3. Cross-sections of the three
lines drilled in the recent program are shown in Figures 2, 3, and 4.
Results to the south of the existing Deflector resources include::
· 6m @ 2.7g/t Au and 0.7% Cu in 11DRC035;
· 3m @ 5.7g/t Au and 0.4% Cu in 11DRC036;
· 8m @ 3.0g/t Au and 0.9% Cu in 11DRC038;
· 3m @ 6.7g/t Au and 1.0% Cu in 11DRC040;
· 7m @ 2.7g/t Au and 0.1% Cu in 11DRC041; and
· 1m @ 3.6g/t Au and 5.8% Cu in 11DRC042.
Outcome of Drill Program
· A further 10% (approximately) increase in the mineralised zone confirming the Company’s
expansion target of between 1.65M to 2.5M ounces of Gold is on track( refer table 1, **).
Initial resource upgrade from current drill program is scheduled for August .
· Increased mineralised length provides opportunities to boost production rates, extend open
pit mine life and enhancing project economics
· Mutiny’s Deflector Regions drill program (as announced on 6th of May) is ongoing with
three drill rigs fully deployed on site.
Supporting Field Work
Two programs of field work have been commissioned to assist this and future exploration
programs.
1. A surface geological mapping and interpretation program is being conducted in the
Deflector area. This information will be used to improve the targeting of the drilling
programs.
2. A regional mobile metal ions (MMI) program, which will be “calibrated” against the known
mineralisation in the area, will be used to assist in the identification of new exploration
targets.
The mobile metal ions technique is a sophisticated geological technique which is often used to
identify new exploration targets. Mutiny is using the MMI survey over areas where exploration
drilling will soon commence to gain a better understanding of the geology of the Deflector environs.
Over the years with a number of different owners of the Gullewa leases, many drill cores and RC
chip samples were produced. Mutiny geologists have commenced re-logging the cores, as there
has not previously been a consistent method used to log these valuable sources of information.
When this is accomplished, Mutiny expects to produce a much better geological model of the area.
Further drilling is planned to focus on the historical end-of-hole data as the program is targeting
geological anomalies in fresh rock rather than supergene anomalies.
The Company will use the results to develop 2D models of the geological structures at Spanish
Galleon, an area of high-grade mineralisation to the west of the Deflector Deposit.
Background
The Company plans to commence production in late 2012 with an open pit mining operation at the
Deflector Deposit, followed by underground mining after two years.
The currently known Deflector Gold-Copper deposit contains Mineral Resources of 3.4Mt @ 5.4g/t
gold, 4.7g/t silver and 0.8% Copper for 590,000oz gold, 510,000oz silver and 25,500t copper of
which Measured and Indicated Resources total 1.5Mt @ 4.8g/t gold, 6.4g/t silver and 1.1% copper
for 235,000oz of gold, 310,000oz silver and 16,500t of copper. (see Table 2 below).
For further information, please contact:
John Greeve David Brook
Managing Director Professional Public Relations
Mutiny Gold Limited Tel: +61 (0) 8 9388 0944
Tel: +61 (0) 8 9368 2722 Mob: 0415 096 804
Em: mgl@mutinygold.com.au

"High Grade Gold Extensions"

 

stocknessmonster.com/news-item

www.ariva.de/mutiny_gold_ltd-news

 

"Fairer Wert" beim Vierfachen des aktuellen Kurses - soll uns recht sein..  :-)

The current Pre-Feasibility study work indicates that this may be attained by increasing the underground mining rate from 320,000tpa to 500,000tpa should the strike length be extended as expected, as this will allow an increased number of underground mine headings and therefore the increased production rate.


The Deflector statistics

Deflector already holds some resources in the higher confidence categories, with Measured 130,000 gold ounces and 12,000 tonnes of copper, and Indicated 105,000 gold ounces and 4,500 tonnes of copper.

The deposit contains a total resource of; 3.4 million tonnes at 5.4g/t gold, 4.7g/t silver and 0.8% copper for 590,000 gold ounces, 510,000 silver ounces and 25,500 tonnes of copper.

Mutiny is looking at an initial production profile of around 50,000 ounces of gold, 50,000 ounces of silver and 2,000 tonnes copper in concentrate annually over 10 years.

Mutiny has an exploration target of between 1.65 million to 2.5 million gold ounces.
--------------------
google Übersetzung
Mutiny Gold-Doppel gezielte Goldproduktion Rate auf 100.000 Unzen bei Deflector
Mittwoch 13 Juli, 2011 von John Phillips


Mutiny Gold ( ASX: MYG ) setzte String aus hochwertigem ergibt sich aus der Deflector Projekt in Westaustralien haben in der Firma gipfelte Verdoppelung der anfänglichen Produktion Leitzins auf 100.000 Unzen Gold.

Der Anstieg ist durch die Erweiterungen der beiden U-Bahn-und Tagebau Ressourcen unterstützt.

Das aktuelle Bohrprogramm wird nun vor dem Abschluss, wobei die Ergebnisse in die Planung für weitere Ressourcen-Upgrade Bohrprogramme enthalten sein.

Die jüngsten Bohrungen auf Deflector Prüfung der nördlichen und südlichen Ressourcen Erweiterungen ist der Katalysator hinter Mutiny das Ziel, da die Ergebnisse verstärkt das Unternehmen nach Ansicht der das Potenzial für eine signifikante Erhöhung der Ressourcen.

Mutiny sagte, dass das Unternehmen beschlossen hat, den Umfang der Machbarkeitsstudien zu erweitern, um eine erneute Bewertung der Deflector, die jetzt zu erwarten ist, die Produktion in der Größenordnung von 100.000 bis 120.000 Unzen Gold jährlich bei voller hochgefahren Unterstützung zu integrieren.

John Greeve, Geschäftsführer, sagte, dass die Steigerung auf 100.000 Unzen pro Jahr sollen deutliche Steigerungen in prognostizierten jährlichen Gewinn von Deflector abgeleitet werden können.

"Die Verdopplung der Produktion bei Deflector erlaubt Meuterei zu signifikanten Wert für unsere Aktionäre zu erschließen."

Die jüngsten Explorations-Erfolg hat Mutiny das Vertrauen, dass die Ressource auf Deflector ausreichender Maßstab ist, um eine erweiterte Bergbau-Szenario zu rechtfertigen.

Die aktuelle Pre-Feasibility-Studie zeigt, dass diese Arbeit durch eine Erhöhung der Untertage-Bergbau-Rate von 320.000 tpa zu 500.000 tpa kann erreicht werden, falls der Streik Länge erweitert werden, wie erwartet, da dies eine erhöhte Anzahl von Untertagemine Überschriften ermöglichen und damit die erhöhte Produktion Rate.


Der Deflektor Statistiken

Deflector hält bereits einige Ressourcen in die höheren Vertrauen Kategorien, mit Gemessen 130.000 Unzen Gold und 12.000 Tonnen Kupfer und 105.000 Unzen Gold Indicated und 4.500 Tonnen Kupfer.

Die Lagerstätte enthält insgesamt Ressource; 3,4 Mio. Tonnen mit 5,4 g / t Gold, 4,7 g / t Silber und 0,8% Kupfer für 590.000 Unzen Gold, 510.000 Unzen Silber und 25.500 Tonnen Kupfer.

Mutiny ist bei einer anfänglichen Produktion Profil von rund 50.000 Unzen Gold, 50.000 Unzen Silber und 2.000 Tonnen Kupfer im Konzentrat jährlich mehr als 10 Jahre.

Mutiny hat ein Explorationsziel zwischen 1.650.000 bis 2.500.000 Unzen Gold.
Quelle proactivinvestor

mit der Resourcenausweitung weit über die bisherigen 590000 oz hinaus, wenn die geplante Verarbeitungskapazität nun verdoppelt wird und sogar eine Produktion von 120000 oz/anno angestrebt wird.
Das gibt trotz der heutigen zweistelligen Steigerung der Kurs noch nicht im Entferntesten wieder!

seit gestern auch investiert .Ausnahmsweise mal idealer Einstiegzeitpunkt.So kann's weiter gehen .Die Ergebnisse sind auf jeden Fall vielversprechend.

Heute ein + von 19,05%

Mutiny Gold ( ASX: MYG ) wurde ein Handelssystem halt von der ASX gewährt, bis eine Kapitalbeschaffung Ankündigung, mit den Aktien des Unternehmens in pre-open platziert.

Mutiny noch nicht angegeben, wo das Potenzial Kapitalspritze zugeteilt werden, aber gestern begann das Unternehmen hervorheben, um dem Markt das Potenzial der Deflector Projekt in Westaustralien.

Das Unternehmen hat die erste Produktion Leitzins auf 100.000 Unzen Gold pro Jahr verdoppelt, wobei der Anstieg durch Erweiterungen der beiden U-Bahn-und Tagebau Ressourcen unterstützt.

Die jüngsten Bohrungen auf Deflector Prüfung der nördlichen und südlichen Ressourcen Erweiterungen ist der Katalysator hinter Mutiny das Ziel, da die Ergebnisse verstärkt das Unternehmen nach Ansicht der das Potenzial für eine signifikante Erhöhung der Ressourcen.

Mutiny sagte, dass das Unternehmen beschlossen hat, den Umfang der Machbarkeitsstudien zu erweitern, um eine erneute Bewertung der Deflector, die jetzt zu erwarten ist, die Produktion in der Größenordnung von 100.000 bis 120.000 Unzen Gold jährlich bei voller hochgefahren Unterstützung zu integrieren.

Deflector hält bereits einige Ressourcen in die höheren Vertrauen Kategorien, mit Gemessen 130.000 Unzen Gold und 12.000 Tonnen Kupfer und 105.000 Unzen Gold Indicated und 4.500 Tonnen Kupfer.

Die Lagerstätte enthält insgesamt Ressource; 3,4 Mio. Tonnen mit 5,4 g / t Gold, 4,7 g / t Silber und 0,8% Kupfer für 590.000 Unzen Gold, 510.000 Unzen Silber und 25.500 Tonnen Kupfer.
Quelle proactivinvestor

hoffentlich übertreiben sie es nicht, jedliche Verwässerung auf diesem Kursniveau ist doch sehr schmerzhaft für den Aktionär.

Mutiny Gold funds Gullewa acquisition and expanded Deflector exploration with A$9.7m placement
Monday, July 18, 2011 by John Phillips


Mutiny Gold (ASX: MYG) has completed a heavily oversubscribed A$9.7 million capital raising which will accelerate drilling at the highly prospective Deflector Gold Deposit.

Funds will also be allocated to make the next $4 million instalment for the Gullewa Project acquisition.

Mutiny placed 101 million shares at $0.096, together with one free attaching option for every two shares subscribed for exercisable at $0.14 by November 2013.

The company said the decision to proceed with the capital raising comes on the back of recent, highly encouraging exploration success at the Deflector deposit, and the subsequent decision to expand the scale of the Deflector Project.

John Greeve, managing director, said “This financing, coming on the back of our announcement that we are proposing to double our annual production rate at Deflector, confirms that Mutiny Gold is serious about its stated intention of becoming a significant, profitable, low cost gold producer in the very near future.

"We now look forward to completing the metallurgical testwork, drilling and DFS for Deflector and bringing the project into production in 2012.”

Last week Mutiny said that the company has resolved to expand the scope of the Feasibility Studies to incorporate a re-assessment of Deflector, which is now expected to support production in the order of 100,000 to 120,000 gold ounces annually when fully ramped up.


The Deflector statistics

Deflector already holds some resources in the higher confidence categories, with Measured 130,000 gold ounces and 12,000 tonnes of copper, and Indicated 105,000 gold ounces and 4,500 tonnes of copper.

The deposit contains a total resource of; 3.4 million tonnes at 5.4g/t gold, 4.7g/t silver and 0.8% copper for 590,000 gold ounces, 510,000 silver ounces and 25,500 tonnes of copper.

Mutiny has an exploration target of between 1.65 million to 2.5 million gold ounces.

AUDIO: Mutiny Gold Limited (ASX:MYG) Audio Stream by John Greeve on Raising AU$9.7M for Gullewa






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Mutiny Gold Limited (ASX:MYG)








Audio Stream by John Greeve on Raising AU$9.7M for Gullewa


Sydney, July 19, 2011 (ABN Newswire) - Mutiny Gold Limited (ASX:MYG) provides the opportunity to listen to an audio broadcast with John Greeve, Managing Director in a presentation titled "Mutiny Gold Raises AU$9.7M for Gullewa Acquisition and Expanded Deflector Exploration Program", Presented by - Mr John Greeve, Managing Director".

To Listen: click to the Mutiny Gold Wedsite at: www.mutinygold.com.au/boardroom-radio

The presentation details are as follows:

Mutiny Gold Raises AU$9.7M for Gullewa Acquisition and Expanded Deflector Exploration Program Presented by John Greeve, Managing Director.

- Tue, 19 July 2011 11:45am AEST




About Mutiny Gold Limited

Mutiny Gold (ASX:MYG) is a diversified resource company focused on the exploration and development of its flagship Deflector gold / copper project, within the Gullewa tenements located in the South Murchison region of Western Australia.

The Company also has significant nickel tenements in Western Australia as well as iron ore potential at its Gullewa tenements.

Mutiny plans to commence production in 2012 with an open pit mining operation at the Deflector Deposit, followed by underground mining after two years.


Quelle abnewswire

Mutiny has said that the company has resolved to expand the scope of the Feasibility Studies to incorporate a re-assessment of Deflector, which is now expected to support production in the order of 100,000 to 120,000 gold ounces annually when fully ramped up.

The reason is exploration has uncovered high grade intercepts in multiple locations, which predicate likely extensions to the planned open pit and, also, importantly, confirm the down plunge continuity with depth of high grade shoots that can be included in underground mine planning

The results provide further confirmation of the exploration potential of the Deflector Corridor but they are likely to be just the tip of the iceberg as far as upside in exploration target and production ounces.


Scoping Study - Recap

- IRR of 83%
- NPV of $187 million – likely to increase significantly
- Cash surplus of $427 million after payback of capital costs
- Capital cost of $52 million and State Royalties including A$19 million for plant upgrade and A$12 million for the first three months working capital
- Annual production of 50,000 ounces gold, 2,000 tonnes copper and 34,600 ounces silver
- Cash costs over first ten year life of mine estimated at $524 an ounce
- Contained gold ounces of 578,000 ounces (comprising 100,000 ounces open pit and 478,000 ounces underground)
- Estimated average production grade of ore ranges from 4.1g/t gold to 6.5g/t gold
Quelle proactivinvestor

Aber 11,2 % im Plus bei über 10 Mio gehandelten Shares..

The holes were partly sited to follow-up relatively shallow gold intersections made by previous explorers.

Mutiny said combined with geological logging of drill spoil from historical shallow drilling, the first pass drill results have further refined the character of these gold-copper targets.

Current interpretation of these encouraging results indicates at least four mineralised zones within an intrusive body of granodioritic to dioritic composition.


Deflector by the numbers

Deflector currently hosts a resource of Measured 130,000 gold ounces and 12,000 tonnes of copper, and Indicated 105,000 gold ounces and 4,500 tonnes of copper.

The deposit contains a total resource of; 3.4 million tonnes at 5.4g/t gold, 4.7g/t silver and 0.8% copper for 590,000 gold ounces, 510,000 silver ounces and 25,500 tonnes of copper.

Mutiny has an exploration target of between 1.65 million to 2.5 million gold ounces.

Mutiny has said that the company has resolved to expand the scope of the Feasibility Studies to incorporate a re-assessment of Deflector, which is now expected to support production in the order of 100,000 to 120,000 gold ounces annually when fully ramped up.

The reason is exploration has uncovered high grade intercepts in multiple locations, which predicate likely extensions to the planned open pit.


Scoping Study - Recap

- IRR of 83%
- NPV of $187 million – likely to increase significantly
- Cash surplus of $427 million after payback of capital costs
- Capital cost of $52 million and State Royalties including A$19 million for plant upgrade and A$12 million for the first three months working capital
- Annual production of 50,000 ounces gold, 2,000 tonnes copper and 34,600 ounces silver
- Cash costs over first ten year life of mine estimated at $524 an ounce
- Contained gold ounces of 578,000 ounces (comprising 100,000 ounces open pit and 478,000 ounces underground)
- Estimated average production grade of ore ranges from 4.1g/t gold to 6.5g/t gold

Notable intersections include: &#61607; &#61607; &#61607; &#61607; &#61607; &#61607; &#61607; &#61607; &#61607; 3.6m @ 153g/t Au and 13.3% Cu from 145m in 11DD1A; 12m @ 3.4g/t Au and <0.1% Cu from 262m in 11DD04; 3m @ 47.6g/t Au and 1.5% Cu from 249m in 11DD15; 4m @ 17.4g/t Au and 1.2% Cu from 300m in 11DD16A 3m @ 22.8g/t Au and 1.2% Cu from 282m in 11DD17; 3m @ 18.1g/t Au and 0.3% Cu from 292m in 11DD17; 3m @ 18.8g/t Au and 0.8% Cu from 316m in 11DD18 6m @ 20.9g/t Au and 0.3% Cu from 255m in 11DD27;and 4m @ 6.2g/t Au and 0.5% Cu from 308m in 11DD29. Page 1 16 September 2011 Multiple intersections were achieved within some holes, as a number of parallel lodes are present at depth within the deposit. The multiple lodes are displayed in oblique view on Figure 3 below.

The positions of intersections within the main West Lode are shown on Figure 2, a long-section of the lode. Holes 11DD5, 6, and 12 are not shown, as they did not ....
Quelle wotnews

Cross-sections of lines 19520N and 19640N, which include newly reported holes within the northern extension to the West Lode, are shown as Figures 2 and 3. Commenting on the results, Mutiny’s Managing Director, John Greeve said “The results from the northern Page 1 17 October 2011 extension drilling are very positive and have increased our confidence that significant economic mineralisation will be added to this area. This mineralisation will be quantified in the next round of mine feasibility study work.” “We believe the results have also strengthened the potential for the discovery of continued high-grade mineralisation below the base of the RC drilling to the north of the existing diamond drilling, between 19500mN and 19660mN” Mr Greeve added.

Deflector Diamond Drill Results A diamond drill programme of 30 holes was carried out to enable the upgrade of the resources within the proposed area of initial underground mining at the Deflector Deposit. The results are presented in Table 3 for all intersections of 1m greater than 0.5g/t ....
und die pdf dazu:
media.wotnews.com.au/asxann/01229113.pdf

Currently, the Mutiny team is continuing work on a feasibility study. The Company has engaged GR Engineering Services to head up the mechanical engineering and plant design works. Xstract Group is conducting the mine studies and Mutiny’s in-house project manager and metallurgist, Kevin Reynolds is managing the feasibility study process as well as overseeing the metallurgical test work.

The feasibility study is expected to be completed in early 2012. The Deflector Gold-Copper Deposit contains total Mineral Resources of 3.4Mt @ 5.4g/t Gold and 0.8% Copper for 590,000oz Gold and 25,500t Copper of which Measured and Indicated Resources total 1.5Mt @ 4.8g/t Gold and 1.0% Copper for 230,000oz of Gold and 16,500t of Copper. (see Table 1 below).

Page 1 24 October 2011 Table 1 – Deflector Deposit Total Resources Classification Measured Indicated Inferred Totals* Tonnes 930,000 570,000 1,900,000 3,400,000 Au (g/t) 4.3 5.7 6 5.4 Au (oz) 130,000 100,000 350,000 590,000 Cu (%) 1.26 0.8 0.5 0.8 Cu (t) 12,000 4,500 9,000 25,500 Ag (g/t) 6.8 5.6 3 4.7 Ag (oz) 200,000 100,000 200,000 510,000 * Note: Totals
Hier noch die Pdf:
media.wotnews.com.au/asxann/01231881.pdf

72 101 224 999 Dear Shareholder, The last 12 months have been an exciting transformational period for Mutiny Gold Ltd with very substantial progress being made on a number of fronts. This has been in spite of the challenging world financial conditions which have seen the Australian stock market index fall some 25% from its high in March this year. Early in the period, the Company announced the intention to purchase the Gullewa Gold Project, a key milestone toward realising Mutiny’s goal of becoming a profitable gold producer in the Murchison region of Western Australia.

Gullewa is a very advanced project in the highly prospective Gullewa Greenstone belt with existing resources, substantial mining infrastructure and tremendous upside potential. Mutiny Gold’s market capitalisation has risen from $3 million at the time of the announcement of our intention to purchase the Gullewa Gold Project to $30 million at the time of writing. Highlights during year the included successful drilling campaigns to ....

media.wotnews.com.au/asxann/01232374.pdf

John Greeve, managing director of Mutiny, said, “the agreement with Credit Suisse represents the mezzanine funding as advised to shareholders in May 2011 and follows the successful $A11.3 million capital raising completed on 9 September 2011.”


Details of the deal

Greeve added, “The board believes shareholders should be very positively reassured by this achievement following an extensive review by a leading international bank which specialises in gold project financing.

Upon completion of the Definitive Feasibility Study Credit Suisse has first right of refusal to provide the full project finance facility, subject to Hartley’s’ right to act as lead broker, for the underwriting of future capital raisings.

Drawdown of the loan facility and gold hedging facility is subject to a number of standard conditions precedent which are expected to be completed in the next few days.

Noah’s Rule Pty Ltd continues to advise the company on the appropriate financing strategies for the development of Deflector.

The attainment of the finance arrangement comes after an extensive review by Credit Suisse of the Deflector mine proposal and geology records.


Deflector - Feasibility Study

Mutiny is continuing work on a Feasibility Study, with the company having engaged GR Engineering Services to head up the mechanical engineering and plant design works.

Xstract Group is conducting the mine studies and Mutiny’s in-house project manager and metallurgist, Kevin Reynolds is managing the process as well as overseeing the metallurgical test work.

Earlier in 2011 Mutiny delivered a bumper Scoping Study, which included an IRR of 83%, a NPV of $187 million – which is likely to increase significantly, and cash costs over a ten year life of mine of just A$524 an ounce.


Deflector - by the numbers

Deflector currently hosts a resource of Measured 130,000 gold ounces and 12,000 tonnes of copper, and Indicated 105,000 gold ounces and 4,500 tonnes of copper.

The deposit contains a total resource of; 3.4 million tonnes at 5.4 grams per tonne (g/t) gold, 4.7g/t silver and 0.8% copper for 590,000 gold ounces, 510,000 silver ounces and 25,500 tonnes of copper.

Mutiny has an exploration target of between 1.65 million to 2.5 million gold ounces.
quelle Proactivinvestor

Redhill and Mutiny Gold amend option deal for Gullewa
Friday, November 11, 2011 by Deborah Sterescu
Redhill Resources (CVE:RHR) and Mutiny Gold (ASX:MYG) said Thursday they have agreed to amend their farm-in agreement from last year for the Gullewa gold property in Australia.

The original agreement, signed in July 2010, required operator Mutiny to complete a positive pre-feasibility study for the property, but now, Mutiny can earn the remaining 30 percent of the project by paying A$4 million to Redhill, without the need to complete the report. Redhill will still retain a 10 percent net profit interest in Gullewa.

In mid-October, Redhill said that it received a total consideration of A$9.0 million from Mutiny under the first part of the option deal, granting Mutiny a 70 percent stake in the property.

Redhill also said Thursday that Mutiny has advised the company that an A$11 million loan and gold hedging credit facility with Credit Suisse has been secured, providing the funding for Mutiny to acquire the remaining 30 percent of Gullewa.

Drawdown of the funds is subject to a number of conditions, which are expected to be completed in the near future, Redhill said. The remainder of the funds from the loan not put towards the acquisition will be used to complete a definitive feasibility study for the project.

The 550 square kilometre Gullewa project rests 450 kilometres north of Perth, in the Yalgoo mineral fields of Western Australia. Gullewa hosts multiple gold deposits of various size and grade, the most significant being the Deflector gold-copper deposit.

Mining infrastructure assets at the Gullewa project includes an 800 tonne per day carbon in leach plant, a licensed tailings disposal facility, a 50-person camp, offices, and workshops.

In addition to the property, Redhill is actively exploring three gold prospects in the historic gold producing Gasgoyne region of Western Australia: the Cobra, McCarthy and Mt. Phillips prospects.  It also has two rare-earth projects at the Honey Comb Hills beryllium prospect in Utah and the Morgan rare-earth prospect in British Columbia.
Quelle proactivinvestor

Mutiny Gold welcomes Cobra’s decision
to mine White Well

www.mutinygold.com.au/images/stories/asx/...e_Well_-_FINAL.pdf

Gruß, monstroesitaet

Audio Stream - Quarterly Results December 2011Thu, 2 Feb 2012 07:25:00 +1000       6 hours, 55 minutes ago


2 February 2012 MUTINY GOLD LTD BROADCAST MUTINY GOLD LTD (MYG) provides the opportunity to listen to an audio broadcast with John Greeve, Managing Director in a presentation titled "Quarterly Results December 2011”. To Listen: click to the Mutiny Gold Website at www.mutinygold.com.au/boardroom-radio Or, copy the following details into your web browser: www.brrmedia.com/event/91250 The presentation details are as follows:    Mutiny Gold: Quarterly Results December 2011 Presented by John Greeve, Managing Director Thursday 10.15am AEDT Boardroom Radio offers many free services, such as: Boardroom Radio Alerts Easy access to archived presentations on demand Podcast subscription with daily updates Visit Boardroom Radio for more Page 1.
media.wotnews.com.au/asxann/01265099.pdf

This drilling addresses two separate areas of the current resource estimate with the view of providing additional support to the Definitive Feasibility Study. Currently there is one diamond rig and one reverse circulation rig active full time at the deposit.


Deflector - by the numbers, reserves in early 2012

Deflector has a resource of 3.4 million tonnes at 4.9g/t gold for 530,000 gold ounces, 0.85% copper for 29,000 tonnes and 5.7g/t silver for 620,000 ounces.

Measured and Indicated accounts 2.1 million tonnes at 5.2g/t gold for 350,000 ounces, 1.1% copper for 22,000 tonnes and 7.3g/t silver for 490,000 ounces. Inferred is 1.3 million tonnes at 4.5g/t gold for 180,000 ounces, 0.5% copper for 6,000 tonnes and 6.2g/t silver for 130,000 ounces.


Future drill programs target 2 million gold ounce operation

To continue to progress Deflector, Mutiny has already formulated drill programs for 2012 and onwards, which is both aimed at increasing the mine life and gold ounces - with the target 1.6 million to 2.4 million ounces of gold.
Quelle Proactivinvestor

Mutiny Gold: booked for Perth 'Stars in 2012 Series'; any questions?
Monday, February 20, 2012 by Proactive Investors
There is a cracking line up at the Perth 'Stars in 2012 Series', with Legacy Iron Ore, Minemakers, Ventnor Resources, Mutiny Gold and Latin Resources booked. The event is FREE, but you must register.

Mutiny Gold (ASX: MYG) is booked to present at the Proactive Investors "STARS IN 2012 SERIES - PERTH".

The event is free - CLICK HERE TO REGISTER.

Then on the night you can ask Mutiny questions on the highly anticipated Definitive Feasibility Study at Deflector, or any others you like.

You can also leave a question with us which we can try and ask on the night, send it through to; events@proactiveinvestors.com.au.

Also speaking are Minemakers (ASX: MAK), Ventnor Resources (ASX: VRX), Legacy Iron Ore (ASX: LCY) and Latin Resources (ASX: LRS).


DETAILS:

The event will be held on Wednesday 29th February at the Hyatt Regency Perth 99 Adelaide Terrace from 5:15pm (for a 5:30pm start).

Light refreshments will be served during the event and following the presentations will be a Wine & Canape Reception allowing you to personally interact with presenting CEOs.  While the event is FREE to attend, registrations are essential.

es nur noch bergauf gehen

www.proactiveinvestors.com.au/companies/...with-648-26767.html

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