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Cours Or & Argent

Newmac Resources Inc.

Publié le 15 juin 2010

options Ready Mix, buys property near Raft

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Mots clés associés :   Gallium | Germanium | Newmac | Zinc |

Newmac options Ready Mix, buys property near Raft

June 15, 2010

Newmac Resources Inc. (TSX-V: NER) has received approval from the TSX Venture Exchange for two agreements, one property option agreement and one agreement to purchase claims in two areas southeast and north of The Company`s Raft Molybdenum project, which is located approximately 35 kilometers northeast of Clearwater, British Columbia.

Pursuant to the terms of the option agreements, the company has issued a total of 200,000 common shares shares to the optionors, which are subject to a hold period expiring September 29, 2010, 2010.

The Company has entered into an option agreement, where the company has the right to earn a 100% interest in the Ready Mix Property, which is located to the southeast of the Company's Raft Molybdenum project. The Company views the Ready Mix project as an excellent target for intrusion related gold mineralization because of several tungsten skarns, anomalous gold, tungsten, molybdenum, and arsenic in stream sediments, and the Shuswap metamorphic terrain intruded by Cretaceous granites. Prospecting in 1999 uncovered a highly oxidized boulder of intrusive breccias that assayed 29.3 g/tonne gold and 202 g/tonne silver. In 2003 this same area was found to contain strong crossover VLF_EM anomalies along 6 lines, each spaced 100 m apart. A soil program over this same area in 2004 uncovered a correlating Au-Ag geochem anomaly.

The Company has the right to earn a 100% interest in the Ready Mix claims by making an initial payment of $5,000 and issuing 150,000 common shares. Within two years the company will need to pay an additional $25,000 and issue 500,000 common shares, in two stages. The property will also be subject to a 2% Net Smelter royalty, where the full 2% may be purchased by the company for $1 million at any time. 150,000 common shares have been issued, which are subject to a hold period expiring September 29, 2010.

The second property is located to the north of The Company's RAFT Molybdenum project and covers possible extensions of massive sulphide mineralization from the adjacent CK property. The property was purchased for $5,000 and the issuance of 50,000 common shares. This group of claims will become part of the Raft Molybdenum project. The CK property which is located to the east of these new raft claims has zinc - lead - silver with minor gallium and germanium sedimentary exhalative mineralization exposed over a strike length of approximately 3 kilometers. Drilling on a portion of this zone in 2007 returned in 16 drill holes assays ranging over 0.03 to 7 meters thick, 3 to 24 % zinc, 0.2 to 4.5% lead and trace to 7g/t silver - gallium and germanium were not assayed for in these samples. The CK property also hosts numerous other zinc - lead showings throughout it. 50,000 common shares have been issued, which are subject to a hold period expiring September 29, 2010.

Technical content of this news has been reviewed by David J. Bridge, P.Geo, a qualified person within the definitions of National Instrument 43-101.


For further information please contact:

Dale Paruk
Coal Harbor Communications
Telephone: (604) 662-4505
Toll Free: 1-877-345-3399

Email: info@coal-harbor.com

Newmac Resources Inc.

CODE : NER.V
ISIN : CA6515223023
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Newmac Resources est une société d’exploration minière de molybdène et de tungsten basée au Canada.

Newmac Resources détient divers projets d'exploration au Canada.

Ses principaux projets en exploration sont NEWMAC PROJECT, CHILANKO PROPERTY et CRAZY FOX au Canada.

Newmac Resources est cotée au Canada et en Allemagne. Sa capitalisation boursière aujourd'hui est 2,8 millions CA$ (2,2 millions US$, 2,0 millions €).

La valeur de son action a atteint son plus bas niveau récent le 24 décembre 2008 à 0,02 CA$, et son plus haut niveau récent le 26 novembre 2010 à 4,00 CA$.

Newmac Resources possède 9 716 042 actions en circulation.

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Rapports annuels de Newmac Resources Inc.
Annual Report 2007
Financements de Newmac Resources Inc.
02/09/2009Arranges $600,000 Private Placement
08/06/2007Arranges $700,000 Private Placement
Nominations de Newmac Resources Inc.
31/03/2008 Appoints Schmidt to President, CFO at Annual General Meetin...
Projets de Newmac Resources Inc.
17/11/2009(Crazy Fox)Crazy Fox And Moira Update
19/10/2009(Crazy Fox)starts diamond drilling at Crazy Fox, BC
01/09/2009(Crazy Fox)completes geochemical survey at Crazy Fox
23/09/2008(Crazy Fox)Drills 78 m (256 ft) of 0.10% MoS2, Mineralization now exten...
24/04/2008(Crazy Fox) High Grade Molybdenum Mineralization now Extends over 250m
31/03/2008(Crazy Fox)Drills 72 Meters of 0.41% Molybdenite, Drilling Continues wi...
28/01/2008(Crazy Fox)Drilling Commences With Two Diamond Drills First Round 2008 ...
28/01/2008(Raft Molybdenum)Raft Molybdenum Property; Optioned Chilanko Results Received
10/01/2008(Fox Molybdenum)Receives Additional Assays - Increases Intersection to 150 M...
07/01/2008(Fox Molybdenum)Reports Partial Assays of 98 Metres Grading 0.33% MoS??2??
14/11/2007(Fox Molybdenum) Drills over 500 Meters of a New Molybdenum Mineralized Zone...
30/10/2007(Chilanko Property) Discovers Red Bed Mineralization at Chilanko
14/09/2007(Chilanko Property)Begins Six-hole Drill Program At Chilanko
Communiqués de Presse de Newmac Resources Inc.
23/02/2015Resignation Of Director
23/02/2015IIROC Trading Halt - NER
12/02/2015Current Quote:
11/02/2015Current Quote:
13/01/2015Current Quote:
12/01/2015Current Quote:
03/08/2010to sample and survey Ready Mix property, Clearwater BC
15/06/2010options Ready Mix, buys property near Raft
04/11/2008to Participate in BC Asian Pacific Trade Mission
09/07/2008Drills 212 Metres of 0.08% M0S2 at Crazy Fox - Drilling Cont...
28/05/2008Drills 374 Metres of 0.12% M0S2 at Crazy Fox - Drilling Cont...
29/04/2008Acquires Work Camp: Drilling Continues with Two Diamond Dril...
25/03/2008Closes Financing with Sprott Molybdenum
05/12/2007Arranges $1-Million Financing
29/11/2007Options Moira Molybdenum Property near Clearwater, BC
28/11/2007Negotiates $2.5 Million Financing
02/08/2007Tungsten And Molybdenum Mineralized Area Increases At Crazy ...
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