dkok
04 Nov 2016
RNS On the face of it this looks like a very good appointment. The guy seems to have all the right credentials and a successful track record in delivering in the same geographic area, so well done to the management in getting him on board.GLTAdkok
thehog2
14 Oct 2016
Re: Extreme volatility GButts,I'm afraid I have absolutely no idea what is going on.Thoughts:For every seller there is a buyer and there have been a vast number of shares traded. I have no idea if a small number of speculators could organise this level of trading without MMs being aware BWTFDIK?Does somebody working on one of the projects know something they have leaked? But if so, how did they spread the word?Maybe there is some good news coming?GLA.TH2
GButts
13 Oct 2016
Extreme volatility Is this a result of a pump and dump exercise by someone like Ross Poldarks nemesis George the banker or is there a serious stake building going on with the prospect of any of the III editors forecasts being achieved?Views welcome Capn Hog.
II Editor
13 Oct 2016
NEW ARTICLE: FTSE 100 facing calamity "Wednesday, 12 October - 11
7pmThere's something a little odd going on! Okay, the market is always a little odd, but the level of weird bothers us. For the last 10 sessions or so, we've needed to issue up to 20 updates daily against shares but, ..."[link]
alltold9
12 Oct 2016
SOMETHING MASSIVE! Is stirring in the background? all will be revealed in due course!
thehog2
10 Oct 2016
Interesting Times Well we certainly live in interesting times. TH2
Soolaimon
08 Oct 2016
Re: Something in the Wind? dkokCheck out the SML LSE board, and watch the latest interview from the ceo.Sorry can't provide link, lse site down for maintenance.Interesting play?Sool
dkok
07 Oct 2016
Something in the Wind? There seems to be a tick up in buying in the last couple of days with a steady string of 1M share purchases which is pushing the price at the moment. Is there some news due imminently that will see this re-rate that someone has got wind of I wonder?GLTAdkok
thehog2
21 Jul 2016
Rail Claim Settled Some more cash in the bankStrategic Minerals21 Jul 2016 0709Strategic MineralsRNS Number : 8299EStrategic Minerals PLC21 July 2016 21 July 2016Strategic Minerals plc("Strategic Minerals" or the "Company"
Strategic Minerals Settles Rail Claim Strategic Minerals plc (AIM: SML; USOTC: SMCDY), the diversified mineral development and production company, is pleased to announce that it has accepted a settlement offer in relation to its claim pertaining to rail works for the Cobre Mine in the USA, of US$675,000, to be paid in instalments of $100,000 in August 2016, $400,000 in January 2017 and $175,000 in June 2017. Strategic Mineral's Managing Director, John Peters, said: "The settlement reflects management's belief that it had a valid claim in relation to rail access during the period it shipped magnetite internationally. As with any dispute, the process to arrive at the settlement has taken up considerable management and legal resources and I would like to acknowledge the work of our team on this. In particular, Clovis Hooper, CEO of our subsidiary Southern Minerals Group, our CFO Julien McInally and our legal counsel Daniel Jaffe of Slover & Loftus LLP. The result is excellent for the Company providing it with "non-dilutive" funds with which to complete its plans." For further information, please contact: Strategic Minerals plcJohn PetersManaging Director +61 (0) 414 727 965Allenby Capital LimitedNominated Adviser and Joint BrokerJohn DepasqualeJeremy PorterJames Reeve +44 (0)20 3328 5656Cornhill Capital LimitedJoint BrokerJames SheehanColin Rowbury +44 (0)20 3700 2516Yellow Jersey PRFinancial PRDominic BarrettoAlistair de Kare-Silver+44 (0) 7825 916 715 Notes to EditorsStrategic Minerals Plc is an AIM-quoted, diversified mineral development and production company with projects in the United States of America and Australia. The Company is focused on acquiring and developing cash generative, high quality projects that meet local market demand for commodities and utilising this cash flow to undertake value added exploration. In September 2011, Strategic Minerals purchased its first cash generating asset; the Cobre magnetite tailings dam project in New Mexico, USA which it brought into production in 2012 and which continues to provide a revenue stream for the Company. The portfolio was expanded in January 2016 with the acquisition of shares in Central Australian Rare Earths Pty Ltd, which holds tenements in Western Australia and the Northern Territory that are prospective for nickel sulphides, platinum and rare earths. Strategic Minerals has completed drill testing of the highest priority nickel sulphide targets within the tenements, having successfully intersected nickel sulphide. In May 2016, the Company also entered arrangements to buy up to 50% of the Redmoor tin/tungsten exploration project in Cornwall, UK.This information is provided by RNSThe company news service from the London Stock Exchange END
thehog2
16 Jun 2016
Hans Camp Driling Complete Strategic Minerals16 Jun 2016 07:359Strategic MineralsRNS Number : 3625BStrategic Minerals PLC16 June 2016 16 June 2016Strategic Minerals plc("Strategic Minerals" or the "Company"Hanns Camp Drilling Complete and Anomalous Nickel and Platinum Assays ReceivedStrategic Minerals PLC (AIM: SML; USOTC; SMCDY), the multi-minerals production, exploration and development company, is pleased to announce that the maiden drill programme at its Hanns Camp project is complete. The Company has also received the first assays from the programme relating to the weathered material drilled as part of the Reverse Circulation (RC) pre-collars. These included anomalous nickel and platinum intervals in holes HC001 and HC003. Highlights:· Maiden Hanns Camp drill programme complete· Anomalous nickel intervals in holes HC001 and HC003· Anomalous platinum interval in hole HC003· Sampling of diamond core is underwayAll three of the initial targets were tested during the drill programme, with HC001 targeting the Forrest electromagnetic (EM) conductor, HC002 Stirling and HC003 Canning. A total of 850.2m was drilled and details can be found in Table 1 below.Hole IDTargetRC Depth (m)Final Depth (m)Metres East (mE)Metres North (mN)Metres Relative Level (mRL)AzimuthDipHC001Forrest70317.84515646839020504270-60HC002Stirling250330.74522606837499511270-60HC003Canning80201.74519196838300510270-60Table 1 - Hanns Camp Drill Hole Collar Data (UTM GDA94 MGA, Zone 51)The Directors take encouragement from the initial observations from this programme with the following key factors established:· Extensive intervals of cumulate high-Mg Komatiite ultramafics in all holes· Sulphides (including Pentlandite) are present in the system· Basal contact of the Komatiite flow establishedestablishing these three factors, the Directors are confident that Hanns Camp is positioned in the favourable geological setting for typical West Australian Yilgarn nickel sulphide deposits.Initial analysis of the drilling results indicate that HC001 and HC003 show the greatest promise with both holes intercepting low levels of sulphides, including Pentlandite, in the diamond drilling section. Additionally, HC001 and HC003 show the most anomalous results within the RC tested weathered zone.With regard to nickel, both HC001 and HC003 displayed anomalous intervals, above 0.5% Ni;· HC001, from 16m, 14m @ 0.80% Ni, peaking at 1.03% Ni· HC003, from 36m, 14m @ 0.66% Ni, peaking at 0.97% Ni.These nickel results are very encouraging and further support the Company's exploration model. In addition to nickel, HC003 also yields an extensive interval of highly anomalous platinum above 100ppb Pt;· HC003, from 35m, 14m @ 215ppb Pt, peaking at 392ppb PtDespite platinum not being the Company's initial focus for Hanns Camp, these results are significant enough that they will be further investigated along with nickel.The diamond drill core is in the process of being sampled, and will be submitted for analysis at Bureau Veritas laboratories in Perth. Results of the analysis are expected during July.The downhole EM surveys have just been completed and over the coming weeks the technical team will analyse this data in combination with the geological observations and diamond core assays as they become available. From this, CARE intends to better define all identified mineralisation anomalies and develop a strategy to capitalise on any massive nickel sulphide accumulations in the area. Initial impressions are that further, more detailed and targeted ground EM surveys will be beneficial before following up with additional drilling aimed at more accurately intercepting the better defined targets.All reported nickel and platinum results in this announcement were determined by Bureau Veritas Minerals l
thehog2
10 Jun 2016
RNS Issue of Equity Strategic Minerals08 Jun 2016 10:34:29Strategic MineralsRNS Number : 5941AStrategic Minerals PLC08 June 2016 8 June 2016 Strategic Minerals plc("Strategic Minerals" or the "Company" Issue of equity Further to its announcement on 26 May 2016, regarding the investment in NAE Resources (UK) Limited ("Redmoor", Strategic Minerals Plc (AIM: SML; USOTC: SMCDY), the minerals production and development company, announces the issue of new ordinary shares of 0.1p each in the Company ("Ordinary Shares" pursuant to the subscription by New Age Exploration Limited ("NAE". The Company has today issued 25,000,000 Ordinary Shares (the "Subscription Shares" to NAE at a price of 0.3 pence per Ordinary Share, for a total consideration of £75,000. The subscription to new Ordinary Shares in the Company is being undertaken in connection with Strategic Minerals' investment into Redmoor, further details of which were announced on 26 May 2016. Application has been made for admission of the Subscription Shares to trading on AIM ("Admission" and it is expected that Admission will occur on or around 14 June 2016. Total voting rights Following the issue of the Subscription Shares and with effect from Admission, the Company's issued share capital will consist of 915,429,227 Ordinary Shares, with one voting right per share. Strategic Minerals does not hold any ordinary shares in treasury. Therefore, the total number of Ordinary Shares and voting rights in the Company will be 915,429,227. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company. For further information, please contact: Strategic Minerals plcJohn PetersManaging Director +61 (0) 414 727 965Allenby Capital LimitedNominated Adviser and Joint BrokerJohn DepasqualeJeremy PorterJames Reeve +44 (0)20 3328 5656Cornhill Capital LimitedJoint BrokerJames SheehanColin Rowbury +44 (0)20 3700 2516Yellow Jersey PRFinancial PRDominic BarrettoAlistair de Kare-Silver+44 (0
thehog2
31 May 2016
Nickel intersected at Hanns Camp RNS Strategic Minerals31 May 2016 11:32:56Strategic MineralsRNS Number : 7343ZStrategic Minerals PLC31 May 2016 31 May 2016Strategic Minerals plc("Strategic Minerals" or the "Company" Nickel bearing sulphides intersected at Hanns CampThe Board of Strategic Minerals PLC (AIM: SML; USOTC; SMCDY) is pleased to announce that the first drill hole, HC001, at its Hanns Camp project, has intersected nickel sulphides. The sulphides present include Pentlandite and exist in a low level disseminated form at approximately 286m downhole.· Nickel sulphides located: Pentlandite intersected in first Hanns Camp drill hole· XRF analysis (x-ray fluorescence): Characteristics consistent with major West Australian Yilgan nickel deposits· Exploration concept validated: Extensive high-Mg (magnesium), cumulate texture ultramafics present· Vectoring sulphide source: Additional holes and downhole electromagnetic survey to followXRF analysis has yielded anomalous nickel levels of 1.2%, which compare positively to the 0.2-0.3% background nickel of the host ultramafic unit. To further validate the exploration concept, the majority of the ultramafics intercepted have been high-Mg and composed of cumulate texture olivine. These are all key characteristics of komatiite lava flow environments, key hosts to many of the major West Australian Yilgarn nickel deposits.This is the first drill hole of the maiden Hanns Camp programme and is testing the Forrest target. The drill hole is nearing completion and once it reaches the footwall of the ultramafic unit a downhole electromagnetic ("EM" survey will be conducted. This will further assist with better identifying any potential nickel sulphide accumulations, that these disseminated sulphides may relate to.The project manager believes the drill hole deviated below the EM conductor target, and the planned downhole EM will help confirm this and more accurately pinpoint the conductor. Once established, this location may be revisited to drill an additional hole aimed at intercepting any further defined EM conductors.Following completion of HC001, the drill rig will move onto the second target; Stirling, to complete the second drill hole of the programme.All reported nickel values were determined from 'point' handheld XRF analysis using an Olympus Innov-X Spectrum Analyser. As a priority, the sulphide containing drill core will be sampled and submitted for laboratory analysis.The samples have already been dispatched for analysis of the three RC (reverse circulation) pre-collars, from Forrest, Stirling and Canning. The analysis of the RC pre-collars will assist in identifying the likely location of the EM target especially when combined with the diamond drilling observations. Further, the downhole EM data will help to vector towards the source.Hanns Camp forms part of the Laverton Project, of which Strategic Minerals recently secured an interest via its acquisition of up to a 50% of Central Australian Rare Earths Pty Ltd ("CARE". Hanns Camp is located 250km north-east of the city of Kalgoorlie-Boulder, 12km north-east of the town of Laverton in the North-Eastern Goldfields region of Western Australia. The prospect is easily accessible using existing tracks from Laverton, one of the main Goldfields towns.A map of the region and the proposed drilling targets can be found on the Company's website under the CARE project section.Strategic Mineral's Chairman, Alan Broome AM, said: "The first hole validation of the exploration concept is pleasing given the work that has gone into getting to this point. While it is early yet, the XRF analysis is encouraging and is likely to see CARE adapt its drilling programme to hone in on the sulphide source. However, a true understanding of the commercial potential of the area will not really be available until lab results are received. "Both the Company and its partner in CARE, Raru
thehog2
26 May 2016
Investment in Cornwall Tin & Tungsten Strategic Minerals26 May 2016 0706Strategic MineralsRNS Number : 3218ZStrategic Minerals PLC26 May 2016 26 May 2016 Strategic Minerals plc("Strategic Minerals" or the "Company" Investment in tin/tungsten project in Cornwall Strategic Minerals Plc (AIM: SML; USOTC: SMCDY), the minerals production and development company, announces that it has today entered into a binding term sheet (the "Term Sheet" to acquire up to a 50% interest in NAE Resources (UK) Limited ("Redmoor", a subsidiary of the Australian (ASX) listed company New Age Exploration Limited ("NAE". Redmoor holds an exploration licence and option over 23km2 in the Cornish tin-tungsten-copper mining district in the UK.About Redmoor In October 2012, NAE acquired the rights, through an exploration licence and mining lease option arrangement, over a 23km2 area surrounding the Redmoor deposit in the Cornish tin-tungsten-copper mining district in the UK. The exploration licence provides the rights to explore over the entire licence area for a period of 15 years and the mining lease option provides the right for Redmoor to enter into a 25-year mining lease (renewable for a further 25 years) over any part of the licence area. During the exploration licence period, a modest annual licence fee is payable to the vendor which reverts to a 3% net smelter return vendor royalty on mining commencement. The licence area had previously supported a number of historic tin-tungsten-copper mines and there are a number of operating open cut mines (china clay and tungsten) located in the region. There is excellent local infrastructure for roads and ports and it is less than 40km by road to the recently commissioned Drakelands tungsten mine and processing plant. In December 2015, NAE undertook, in conjunction with SRK Consulting (UK) Limited ("SRK", a detailed review of the historical drilling, mining and geological data. This resulted in the:1) Definition of an updated Mineral Resource, as defined by the JORC code, of 13.3Mt @ 0.37% tungsten equivalent (WO3Eq) (0.56% tin equivalent (SnEq)).2) Identification of a number of high grade lodes at Redmoor and definition of a high grade sub-set of the above Inferred Mineral Resource of 2.3Mt @ 0.80% WO3Eq (1.19% SnEq).3) Identification of an additional high grade Exploration Target, also defined by the JORC code, of 4Mt to 6Mt with an estimated grade of between 0.6% and 1.0% WO3Eq (0.9% to 1.5% SnEq) - two to three times the size of the above High Grade Resource noted in 2) above (at a similar expected grade).It should be noted that the above Exploration Target is conceptual in nature and there has been insufficient exploration to define a Mineral Resource. It is uncertain if further exploration will result in the determination of a Mineral Resource.In March 2016, NAE completed a preliminary mining study which showed encouraging results for both bulk mining and high grade mining options for mining Redmoor via a bench stoping and backfill underground mining method.· The bulk mining option was based on the Redmoor Inferred Mineral Resource defined by SRK after the application of a 0.40% SnEq cut-off grade, targeting 8.1Mt at 0.67% SnEq before stope optimisation and application of mining dilution and recovery factors. The bulk option has an average stope width of 6 metres.· The high-grade mining option was based on the Redmoor Inferred Mineral Resource defined by SRK after the application of a 0.50% SnEq cut-off grade, targeting 3.5Mt at 0.99% SnEq before stope optimisation and application of mining dilution and recovery factors. The high grade option has an average stope width of 3 metres.In March 2016, NAE also completed a preliminary mineral processing review, which showed that Redmoor is a coarse grained, simple to process ore with expected high recoveries and low processing costs.An evaluation of the Redmoor project has recently been un
thehog2
26 May 2016
Final Report & Notice of AGM Strategic Minerals26 May 2016 0706Strategic MineralsRNS Number : 3215ZStrategic Minerals PLC26 May 2016 26 May 2016 Strategic Minerals plc("Strategic Minerals" or "SML" or the "Company" Posting of 2015 Annual Report and Accounts and Notice of AGM Strategic Minerals plc (AIM: SML; USOTC: SMCDY), the diversified mineral development and production company, announces that printed copies of its Annual Report for the year ended 31 December 2015 were distributed today to shareholders together with the Notice of Annual General Meeting. An electronic copy of the Annual Report for the year ended 31 December 2015 and the Notice of Annual General Meeting are available from the Company's website at [link] The Company's Annual General Meeting will be held at 11:30 am on 21 June 2016 at the offices of BDO UK at 55 Baker Street, London, W1U 7EU. Strategic Minerals plcJohn PetersManaging Director+61 (0) 414 727 965 Allenby Capital LimitedNominated Adviser and Joint BrokerJeremy PorterJames Reeve+44 (0) 20 3328 5656 Cornhill Capital LimitedJoint BrokerJames SheehanColin Rowbury +44 (0) 20 3700 2516 Yellow Jersey PR LimitedFinancial PRDominic BarrettoAlistair de Kare-Silver+44 (0) 7825 916 715
thehog2
26 May 2016
Final Results Strategic Minerals23 May 2016 0707Strategic MineralsRNS Number : 9653YStrategic Minerals PLC23 May 2016 23 May 2016 Strategic Minerals plc("Strategic Minerals" or the "Company" or the "Group" Final Results for the year ended 31 December 2015 Strategic Minerals Plc (AIM: SML; USOTC: SMCDY), the minerals production and development company, is pleased to announce its final results for the year ended 31 December 2015. Financial Highlights · Cash position of the Group as at 31 December 2015 was $1,049,000 Operational Highlights · Early agreement was secured to extend the Cobre mining rights to March 2017; · The Company maintained a tight control on overheads with these falling approximately 26% despite increased activity in the year; and · The Group's strategy has been reviewed and the Board has undertaken an operating strategy seeking to maintain overheads and has adopted a three-pronged investment strategy across minerals addressing Coal and Bulk Minerals; Advanced Materials; and Metals. Post Year-End Highlights · Negotiations completed in January 2016 to acquire up to 50% of Central Australian Rare Earth Pty Ltd ("CARE"; · The Company ceased its activity on the Tatu Project and SML ended its involvement in February 2016; and · Withdrew from the discussions on the Wanbao Coal Mine in China due to the difficulties in attracting funding. The Company's Managing Director, John Peters, said: "2015 was a challenging year where tough decisions had to be made in light of turbulent market conditions, but also a transformational one in which the Company took a stake in an exciting new project and adopted a new investment strategy. "We are confident that Strategic Minerals is well positioned for 2016 with a solid cash flow foundation and a proposed self-funded drilling program, and that the outlook for the Company is encouraging. Strategic Minerals now has lower overheads, an existing cash flow stream from Cobre and the potential upside from a drilling programme at the Company's Laverton project in Western Australia. The Company continues to maintain tight controls on its overheads and the Group is actively examining a number of potential opportunities and we look forward to securing additional projects during the year." For further information, please contact: Strategic Minerals plcJohn PetersManaging Director +61 (0)414 727 965 Allenby Capital LimitedNominated Adviser and Joint BrokerJeremy PorterJames Reeve+44 (0)20 3328 5656 Cornhill Capital LimitedJoint BrokerJames SheehanColin Rowbury Yellow Jersey PR LimitedFinancial PRDominic BarrettoAlistair de Kare-Silver +44 (0)20 3700 2516 +44 (0)7825 916 715
