re: introduction to jackson gold ltd. post 2 of 2 Continued:
1.4: GOLD DISCOVERY ON PEAK HILL JOINT VENTURE PROJECT
http://sa.iguana2.com/cache/fa3c98b3c57a3ab8f88292c00c8f78e4/ASX-JAK-326795.pdf
28 June 2006: Extract: "Jackson Gold Limited ("Jackson" or the "Company") informs the market that its Joint Venture partner Gleneagle Gold Limited (“Gleneagle”) has announced a new gold discovery within the Peak Hill Regional Gold Project Joint Venture ("PHJV"). Gleneagle is the operator and sole funding partner of the PHJV on which Jackson has a free carried 20% interest until a decision to mine.
Gleneagle's announcement to the Australian Stock Exchange is attached. First stage RAB drill testing of an existing soil anomaly located only 12km south of the Fortnum treatment plant (the Forest Gimp prospect) has discovered a significant wide zone of mineralisation including: • 19m at 1.30 g/t from 1m, and • 28m at 2.02 g/t from 53m, including 11m at 3.26g/t from 64m"
1.5: ASIAN PROJECT: Copper/Gold.19 Sept 2006:
£1.5 MILLION FUNDING FOR CENTRAL ASIAN PROJECT COMPLETED
http://sa.iguana2.com/cache/bbe69de83d0fb34f79064094b502cad8/ASX-JAK-334813.pdf
"To facilitate the funding of exploration and to support new shareholders, Jackson has converted a £139,500 loan to equity. Jackson now holds approximately 19.16 million shares, or 22% of the capital of Leopard. Deferred payments of a further £160,000 remain payable to Jackson following a successful listing on AIM. Jackson has no ongoing financial or administrative role with Leopard but retains representation on the Board of Leopard through Jackson non-executive Director Mark Gwynne.
The exciting Kyrgyz Republic copper-gold assets are located within the highly mineralised Tien Shan gold belt that extends through Central Asia. Leopard controls 1,460 km2 of tenure which includes the advanced Kichysandyk prospect where copper-gold mineralisation extends over an area of least 800 m x 500 m. Drilling and other field exploration has commenced and the Company will update the market"
2. NICKEL.
6 Febr. 2006: KALGOORLIE NICKEL AGREEMENT WITH LIONORE FINALISED:
http://sa.iguana2.com/cache/f592dc98ffb22264f3543cd4770c95eb/ASX-JAK-313334.pdf
Extract: "Jackson is pleased to announce that following the finalising of formal agreements with Placer Dome Australia Limited ("Placer') and satisfaction of other conditions, the Kalgoorlie Nickel Earn-in and
Joint Venture with LionOre Australia Pty Ltd ("LionOre") will now commence with LionOre having the ability to sole fund $6 million of expenditure on in-ground nickel exploration within 4 years to acquire a 60% interest in Jackson's Nickel Rights". Maps included.
The prospectivity of the project is well established. The KRNP contains 200 strike kilometres of ultramafic units directly related to those that host the Scotia (35,000t Ni) and Black Swan (135,000t Ni) deposits. Over the last 30 years the project area has had very limited nickel exploration conducted. Within the project there are a number of prospects that contain nickel sulphide in drill intersections; such as 18.25m @ 0.6% Ni and 0.25m @ 4.5% Ni at Golden Valley. This project is ideally located to be a focus for nickel exploration by LionOre as owners of the Black Swan
Operation, where new deposits are required to augment and replace the Black Swan resources. Work undertaken by LionOre and Jackson over the last year has delineated a number of targets, which are now being prepared for future drilling. The Company will inform the market of planned activities following confirmation with LionOre".
9 June 2006: Kalgoorlie Regional Nickel Project Update
http://sa.iguana2.com/cache/e4729d945f371d4a5ed61b9c66b31bf1/ASX-JAK-325418.pdf
Extract: Jackson Gold Limited ("The Company") informs the market that the Kalgoorlie Nickel Earn-in and Joint Venture ("KRNP Agreement") with LionOre Australia Pty Ltd ("LionOre") subsidiary Scotia Nickel Limited ("Scotia Nickel") is part of the LionOre transaction announced on 14 May 2006, whereby Breakaway Resources Limited ("Breakaway") have entered into a purchase agreement for greenfields projects held by LionOre ("Breakaway Purchase"). The Company's contracting party in the KRNP Agreement is Scotia Nickel which will be 100% owned by Breakaway following completion of this transaction, which is defined in a Notice of Meeting lodged by Breakaway on the 8 June 2006".
Gerry
Readers, please do your own research and you decide if and when to buy, hold or sell any stocks or metals/commodities
JAK
jackson minerals limited
