Proactive investorsLogo Proactive Investors UK Website

Search field
Get Adobe Flash Player Download
Flash
Player ►

And
Enable
Javascript

1 year chart

digital-look imported chart image

1 day chart

digital-look imported chart image
Additional information
Additional Information
Market: ASX
Sector: Gold Mining
Epic: CCU
News: Latest news
Web Site: Cobar Consolidated
Other Articles: 27-11-200923-11-200912-10-2009

RSS - Subscribe to the News Today on Proactive UK ▼

Monday March 15, 10:21Diamondcorp: a big cash injection and a lot of work to do

70% of the new money was raised from current shareholders, reflecting a hefty amount of faith in the management to deliver.

FULL ARTICLE ►

RSS - Subscribe to the News Today on Proactive NA ▼

Monday March 15, 11:38Calvin Klein owner buys Tommy Hilfiger for US$3 billion from Apax Partners

The New York listed shirt and neckwear company is paying €1.924 billion in cash and issuing €276 million in PVH common stock (approximately 8.7 million shares) to fund the transaction.

 

FULL ARTICLE ►

RSS - Subscribe to the News Today on Proactive CN ▼

Monday March 15, 08:01China's growth boosting commodity prices

The latest economic figures from China have put pressure on the dollar and boosted a number of high-yielding currencies, including the Australian dollar and the South African rand.

FULL ARTICLE ►
Cobar Consolidated

Cobar Consolidated

Cobar Consolidated Resources Limited (ASX:CCU) is an Australian mineral explorer focused on becoming a world scale silver producer through development of the Wonawinta silver project south of Cobar in western New South Wales.

Friday, November 27, 2009

Cobar Consolidated Resources announces high grade core at the Wonawinta silver project

company news image

Cobar Consolidated Resources (ASX:CCU) has released the results of the second phase of infill drilling, revealing high-grade core contained in the south central pit of the Wonawinta Silver Project in western New South Wales.

The drilling program included infill holes in the north, south central and south pits and diamond drill holes in the south pit for metallurgical test work.

The most significant results were obtained in the south central pit, where a thick high grade mineralised core approximately 80m across and over 600m in strike length has been defined. Higher silver grades appear to correspond with higher lead grades.

The results included 101g/t Ag and 1.8% Pb from 23m, 57g/t Ag and 0.7% Pb from 19m and 130g/t Ag and 1.3% Pb from 19m.

The results complement those obtained from infill drill results in the southern pit. There are now two areas which could provide attractive starting points for mining operations.

The processing of higher grade silver and lead ores early in the life of the project would significantly enhance the project economics.

Infill drilling in the north pit, where 6 RC holes were drilled, has confirmed the extent and grade of mineralisation.

A further six RC holes drilled in the south pit tested areas where the vertical position of mineralisation appeared to change significantly between holes.

Finally, six diamond holes were drilled in the south pit to obtain samples for metallurgical test. These results, with one exception, provided excellent correlation with RC drill results in the same position.

The drill results will now be used to recalculate the resource.

The Wonawinta silver project currently has an indicated and inferred silver resource of 50Moz.

 

AddThis Feed Button
Register here to be notified of Proactiveinvestors One2One Forums.

Other Cobar Consolidated articles


Other Cobar Consolidated news

More news ►

Investors interested in Cobar Consolidated recently viewed


No investment advice

The Company is a publisher and is not registered with or authorised by the Financial Services Authority (FSA). You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.