Simbr
15 Jun 2016
Re: RNS Northland published a note this morning:"Keras Resources is rapidly advancing its underground Prince of Wales Project towards production in the next six months under its tribute agreement with Norton Goldfields. The project has a historic underground resource of 154,000t at a grade of 8g/t Au and the Company believes around 20,000t of high-grade mineralisation can be extracted from the previously developed Consols decline."Taken from Research Tree
DanDaDan
15 Jun 2016
Re: RNS Nice figures Dave - well done.Let the 'sell on news brigade' move on, then watch this sp move on UP, IMO.Gold makes you wealthy, even during a 'Brexit' scare. The $$$$$$s are on the way.GLA.
Nige the snake
15 Jun 2016
RNS I not going to say this should help the SP this time lets see what happens.... Click on or paste the following link into your web browser to view the associated PDF document:[link] Keras Resources plc / Index: AIM / Epic: KRS / Sector: Mining15 June 2016Keras Resources plc ('Keras' or 'the Company')Strong Gold Results at Prince of Wales Underpin Development Plan Keras Resources Ltd, the Australian gold mining company, is pleased to announce that reverse circulation ('RC') drilling at the Prince of Wales ('PoW') project, located in the Grants Patch lease area, has returned economic, high-grade results including 3m at 14.64 g/t gold (Au) from 66m (PWRC005) and 3m at 7.25g/t Au from 60m (PWRC002) and show positive grade continuity. Highlights· The results underpin Keras' plans to deliver high-grade product from PoW to the Paddington processing plant in the next 6 months under the agreement with Norton Gold Fields Ltd ('Norton')· The mineralisation delineated via drilling provides near surface, quick access high-grade feed for processing· The PoW, which has a historic underground resource of 154,000 t at 8g/t Au, is located on the same leases where the Company is currently mining the Accord and Anomaly 22 open pit deposits· Opens up ~ 20,000t of high-grade ore from the previously developed Consols decline· The Company will now commence a resource development programme utilising diamond drilling· Clean up of pit underway to re-access decline Keras Managing Director Dave Reeves said, "These results demonstrate the high-grade nature of mineralisation at Prince of Wales, open up areas of the asset previously not contemplated for mining and reinforce our view on the value of the project. The ability to access high-grade ore during the development phase of mining will greatly enhance our cash flow position. Work has now commenced on re-accessing the Consols decline with the clean-up of the pit and re-establishment of the portal area. It is envisaged that we will be able to access this ore in Q4 2016 which will provide high-margin material for the Company to add to the cash flow already being generated." Table 1: RC Drill ResultsHole NoFromToWidthAu g/tPWRC0001384132m historic mining voidIncluding404111.97PWRC0002606664.09Including606337.25PWRC0005667377.11Including6669314.64*PWRC0003 and PWRC0004 will be drilled in the next campaign Figure 1 shows the location of the drilling and Figure 2 shows a close up of the shallow high-grade ore. Figure 1: Location of Drilling (Please view PDF) Figure 2: Consols decline area showing new and historic drilling (Please view PDF) **ENDS** For further information visit, follow us on Twitter @kerasplc or contact the following: Dave ReevesKeras Resources [email protected] Adviser Gerry Beaney/David HignellNorthland Capital Partners Limited+44 (0) 20 3861 6625BrokerElliot Hance/ Jonathon BellissBeaufort Securities Limited+44 (0) 20 7382 8415Financial PR Elisabeth Cowell/ Frank BuhagiarSt Brides Partners Limited+44 (0) 20 7236 1177
Nige the snake
14 Jun 2016
Re: IN I was tempted to sell today due to the general malaise in the market but decided not to
Ripley94
14 Jun 2016
Re: IN TOPPED YESTERDAY @ 0.95 ... CHEAPER TODAY @ 0.92.
DanDaDan
09 Jun 2016
Re: IN I agree so I decided to buy a few more.At penny status, you cannot lose much and it looks like POW work is in progress.Gold $$$$$$s on the horizon.Just show us the profit figures Dave......GLA.
Ripley94
07 Jun 2016
IN Today @ 1.1.Now watch it slide..... lol
Simbr
07 Jun 2016
growing inventory of low cost gold deposits Another note out from Beaufort, free to view: "This is positive news for Keras giving the company access to additional resources that can be extracted easily and converted into near term cash flow assuming positive grade control results and final approval of the Project Management Plan by the Department of Mines. We look forward to further updates as Keras continues to grow its inventory of low cost gold deposits." taken from Research Tree
Simbrad
07 Jun 2016
Another note out from Beaufort (free to view): "This is positive news for Keras giving the company access to additional resources that can be extracted easily and converted into near term cash flow assuming positive grade control results and final approval of the Project Management Plan by the Department of Mines. We look forward to further updates as Keras continues to grow its inventory of low cost gold deposits." on Research Tree
Simbr
06 Jun 2016
Re: RNS Thanks Nige,got this from research tree, by SP Angel:"Keras Resources has secured an additional tribute agreement from Paddington Gold, a subsidiary of Norton Gold Fields, to mine the Royal Standard North lease area, located 20km south Keras’ current mining activities at the Grants Patch lease area... A positive expansion for Keras Resources that gives the Company an additional mining area with near surface gold ore that can be rapidly extracted and turned into cash flow. The location of the project means it already has a Mining Lease and Mining proposal in place and will only require final approval of the project management by the Department of Mines."
Simbrad
06 Jun 2016
New note out on Keras by Northland Capital on Research Tree: "Keras Resources has secured an additional tribute agreement from Paddington Gold, a subsidiary of Norton Gold Fields, to mine the Royal Standard North lease area, located 20km south Keras’ current mining activities at the Grants Patch lease area... A positive expansion for Keras Resources that gives the Company an additional mining area with near surface gold ore that can be rapidly extracted and turned into cash flow. The location of the project means it already has a Mining Lease and Mining proposal in place and will only require final approval of the project management by the Department of Mines."
Nige the snake
06 Jun 2016
Re: RNS sorry not a licence but....Keras Resources has secured an additional deposit under the existing tribute agreement from Paddington Gold Pty Ltd, a subsidiary of Norton Gold Fields to mine the Royal Standard North lease area.The Royal Standard North lease area is located in the of the Mount Pleasant region approximately 20km south of the Grants Patch lease area where the Company is currently undertaking mining in the Western Australian gold fields.Ore from Royal Standard will also be processed at Norton's nearby Paddington processing plant.The preliminary confirmatory drill programme, which was undertaken in May, indicates economic grades and grade continuity.Keras managing director Dave Reeves said: "The additional deposit added to the existing tribute agreement with Norton is located close to our existing operations and highlights the mutual benefits of the tribute agreement. Due to its location, existing permits and size, we intend to complete the mining of this deposit in the near-term, subject to satisfactory grade control drill results and final approval of the Project Management Plan by the Department of Mines. Following the commencement of ore mining in April and the receipt of first payment, this is an exciting time for Keras. I look forward to providing further updates on our progress as we focus on building a sustainable cash flow generative gold miner with a growing inventory of low cost deposits."
Nige the snake
06 Jun 2016
RNS new licence surley must increase the sp soo
DanDaDan
02 Jun 2016
Re: RNS Keep it simple.Just show us the profit Dave......GLA.
Ripley94
31 May 2016
Re: RNS The RNS said placing was partly with existing holders .was there an O.O. ?
