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STG Push2Gush 20 Nov 2014

Significant ASSAY results RNS Stellar Resources Plc20 Nov 2014 070:22Stellar ResourcesRNS Number : 5061XStellar Resources PLC20 November 2014 20 November 2014Stellar Resources plc("Stellar Resources" or "the Company"Further Update - Clogau Gold Mine, Wales.Stellar Resources (AIM: STG) advises that GMOW (Operations) Ltd ("GMOW", the operator of Stellar Resources gold joint venture in Wales, has advised that it has received significant gold assay results from the latest underground sampling programme conducted on the Tyn n Cornel section of the Clogau St David's Gold Mine ("Clogau".Highlights:· A total of 10 out of 55 assays returned grades of over 200 grams per tonne gold ("g/t Au" or "ppm", with 6 results returning greater than 300 g/t Au and the highest result returning 435 g/t Au;· Average grade of samples from known underground stoping areas graded between 31-125 g/t Au; and· Overall average of all samples was 67.3 g/t Au (2.2 ounces/tonne of gold).Donald Strang, the Company's Chairman commented:"These are encouraging gold grades from the Clogau Mine and this work clearly demonstrates the potential of the area. Stellar Resources looks forward to reporting the results of the independent geological survey over the Dolgellau Gold Belt and the commissioning of the pilot processing plant over the coming weeks."Update on recent underground sampling at Clogau Gold Mine, Wales:Overall, the total sample batch of 55 samples collected from the ground beneath the stopes in the Tyn n Cornel section of the Clogau St David's Gold Mine in north Wales averaged 67.3 grams per tonne gold ("g/t Au" or "ppm Au" (2. 2oz/t), with grades up to 435 g/t Au.Clogau's gold-bearing lodes are noted for their pockets of high-grade mineralization and historical production concentrated on the pursuit of these high grades zones. Consequently, there has been very little to no work done on material that was previously regarded as waste or where no visible gold was readily apparent.In order to better evaluate the potential grades from processing larger amounts of remnant material within the mine a "mini-bulk" sampling programme exercise was undertaken during August and September 2014. The areas sampled included the previously grab sampled areas of the Tyn n Cornel level of the Clogau Mine, namely 'the Main Lode ("ML", Ned Pughes ("NP", 'Old Chutes ("OS" and the John Hughes ("JH" ore bodies. Sampling was also extended into the 710 drive south of the Clogau's Main Lode system ("TMP" and also into the nominally "waste" areas of the southern extension of the Tyn n Cornel adit ("TR". The Tyn n Cornel section is the uppermost level of the mine and which provides access across the entire gold bearing mineralisation in the Clogau Mine. The more extensive lower level, the Llechfraith remains un-sampled at this stage.A total 10 x 25kg samples each were selected from each of the underground stoping areas NP, JH, OS, ML, TMP and a additional 5 x 25kg samples were similarly selected from the development drive area within TR.These sample lots were individually split and 1kg samples taken from each to provide a total of 55 x 1 kg samples. The remaining sample material has been retained and stored for future batch processing through the Company's sample plant.The full list of assay results are shown in Table 1.Table 1: Full Assay Results from Clogau MineSample DescriptionAu GradeppmSample DescriptionAu GradeppmSampleDescriptionAu GradeppmOS-1OS-2OS-3OS-4OS-5OS-6OS-7OS-8OS-9OS-100.453050.440.712.062170.192661.188.04ML-1ML-2ML-3ML-4ML-5ML-6ML-7ML-8ML-9ML-101.560.503880.560.500.451.870.432422.76 TMP-1TMP-2TMP-3TMP-4TMP-5TMP-6TMP-7TMP-8TMP-9TMP-10 3464350.333.812240.510.302355.121.15 Average80.10g/tAverage63.9g/tAverage125.3g/tJ

MWA Vincentinvestor1 20 Nov 2014

Blackrock is buying Blackrock will soon be announcing that they have more than 3% of MWA, Market makers have been keeping SP down letting Blackrock in on the cheap imo

AML Greyinvestor 20 Nov 2014

Best guess My best guess is threefold;I think that there are some traders/dividend funds buying in, in the hope of a big special dividend. The absence of comment on the subject will put some people off. My own view is that I would rather AML retained excess earnings to strengthen its balance sheet.Any comment about interest rates staying low tends to depress prices. Non life insurers will gain from interest rate increases.There is a substantial fall in rates, but no more than predicted.On the positive side, brokers are turning more positive on AML.

TPET zombynation 20 Nov 2014

Won bid Earthly... You where saying? And by the way telling people to sell at a 1m mkp is terrible. You should be ashamed.

AFCR BuyBAO 20 Nov 2014

Good morning, nice surprise following your meeting yesterday?

AFCR BuyBAO 20 Nov 2014

ACHL Vincentinvestor1 20 Nov 2014

Re: Analysis I agree but I stepped in at 9p...... could it get lower you bet, its AIM market and the odds are stacked against you,...its very difficuly to restore confidence in a share like #achl but I believe in the new management ( at least they are communicating all the bad news )Food producers at the commodity end never trade for very high valuations but at least it should trade for its cash valuegla

BAO Lawrence of Saudi Arabia 20 Nov 2014

Another brick in the wall ...... let's hope that things continue moving positively.LoSA Still watching and waiting.

MWA Rogen83 20 Nov 2014

Re: fireworks tomorrow? I just wonder if GLEN or someone else might have a sniff at Mwana while Nickel and Gold prices are near their ytd lows

MIRL Barrie 20 Nov 2014

I've made quite a bit of money over the last year and a half during very bad times for miners. The secret is to buy a lot of shares at times like this.

MIRL Barrie 20 Nov 2014

If financing comes through in a week or two after the 3rd quarter results as Mr Chamberlain said was a possibility last week, it could come together next week.

OMI forwardloop 20 Nov 2014

Re: House Broker Pipes Up Cantor Fitzgerald retained its "buy" rating and 32p target price on Orosur Mining (OMI) after the firm signed a non-binding deal to option out up to 40% of its interest in the Anillo project in Chile in exchange for $3.5 million (2.2 million pounds) in investment. The broker views this as a positive development as it lets the firm keep a significant interest in the project whilst dramatically reducing Orosur's financial commitments. The shares rose by 0.375p to 12.125p.

ACHL Wildcat2 19 Nov 2014

Re: Analysis Vincent - I'm very optimistic about ACHL, just as you are, and I also have a good shareholding. But this has looked incredible value from the 25p level and the market isn't completely bonkers, so it's a good idea to at least try to get your head around some of the negatives in the story.Questions you have to ask yourself are, for instance:How much will repairs and disruption from the typhoon impact the cash pile?How long will it take to reverse the trend of falling production and deal with the canker?Input costs, such as fertiliser & labour, have been rising. Can these be controlled?But the big picture is that this is amazing value, I agree. DYOR

UJO Ripley94 19 Nov 2014

Re: L2 Sustained buying this pm I see a broker view is corporate can someone please explain what that means.

IAP mutandis13 19 Nov 2014

Interims Revenue was in line with its trading announcement on 30 September and the SP is now back to where it was then, with the dividend continuing to be maintained.[link]