NEWLOX GOLD VENTURES CO. WKN: A1XFBG ISIN: CA65151R1001 Kürzel: LUX Forum: Aktien Thema: Hauptdiskussion

Eben per Mail erhalten.

While construction at Boston was delayed in 2021 due to the pandemic and the associated global supply chain disruptions, excellent progress is now being made, with the operations team expected to complete construction, testing, and commissioning before the end of the year.

https://youtu.be/uIPioaseyB8

Vancouver, BC, 26 OCTOBER 2021 – Newlox Gold Ventures Corp. (“Newlox” or the “Company”) (CSE: LUX  Frankfurt/Stuttgart: NGO | PINK: NWLXF) is pleased to announce that its local mining partners have commenced operations at the historic Boston Mine. The miners have started actively mining at Boston to establish a stockpile of freshly sourced material in anticipation of the completion of Newlox Gold’s Boston Processing Plant.

Naja, sie sind etwas spät dran wegen Lieferschwierigkeiten im Boston Projekt. Sobald das Boston Projekt startet müsste es wieder klar nach oben gehen. Den spätestens ab dann passt der Kurs überhaupt nicht mehr zum Umsatz bzw. Gewinn.

Danke. Hat sich ja bisher leider nicht positiv auf den Kurs ausgewirkt.

Hier auch der Text dazu. Https://mailchi.mp/f54ac0b75e65/dr-veiga-un-presentation

https://youtu.be/e89k2xbWcvU

A Message from Ryan Jackson, President and CEO:   “These first outstanding high-grade gold results from grab sampling at the historic Boston Mine support both historical exploration results and confirm mining reports provided by the Company’s local mining partners. We are encouraged that the easily accessible vein structures within the Boston Mine, which are currently slated for immediate exploitation by the local miners, have returned gold grades in excess of 70 grams per tonne. Although the grab sample results do not necessarily indicate the mineralization in general for the deposit, the findings support historical and current data on the Boson Mine. Positive sampling results from the Boston Mine are especially timely since construction at the Boston Plant is nearing completion. Like many of the Company’s initiatives in 2021, construction at Boston is behind schedule but is progressing nicely. This year, we have been frustrated by significant delays due to the pandemic and the associated global supply chain disruptions. The Company has had key members of its management and engineering team affected directly by the COVID-19 virus. Additionally, equipment and consumables were delivered over three months later than expected. These challenges have led the Company to lose time but not resolve.” Outlook Newlox Gold enjoys both a robust treasury, and an experienced technical team that has implemented numerous strategies to overcome supply chain challenges at operations. Our team is completing the ramp-up of Project 1 (our operational tailings remediation project), which is already cash-flow positive and improving each month. The team will complete the construction and commissioning of the Boston Project and will then be positioned to support both our regional growth strategy in Central America, and our new activities in Brazil. 

Mit soll es recht sein. Ich hoffe Boston geht bald in Betrieb.

Das ist nun natürlich viel mehr als die bisher angenommenen 9g/t.

Vancouver, BC, 29 September 2021 – Newlox Gold Ventures Corp. (“Newlox” or the “Company”) (CSE: LUX  Frankfurt/Stuttgart: NGO | PINK: NWLXF) is pleased to announce grab sample results as high as 77.1 grams per tonne gold from the most accessible portions of the historic Boston Mine in Costa Rica. The Boston Mine is currently being exploited by Newlox Gold’s local mining partners with whom Newlox has partnered to supply primary feedstock to the Company’s Boston Processing Plant, which is now at an advanced stage of construction. Highlights   Grab samples were taken by the Company’s geological team from vein structures identified by the Company’s local mining partners at the Boston Mine.   Four grab samples from prominent veins in easily accessible areas of the Boston Mine were assayed using the Fire Assay method, returning 46.57 g/t Au, 67.80 g/t Au, 73.28 g/t Au, and 77.10 g/t Au respectively.   These results affirm historical data indicating the presence of high-grade gold associated with epithermal quartz vein systems at the Boson Mine, however the reader is cautioned that such grab samples are not necessarily indicative of the mineralization in general for the deposit.   A National Instrument 43-101 report by Veritas Mining C.R. S.A. in 2011 on the Boston Project and surrounding Juntas Gold Camp published a historical resource of 241,000 tonnes containing 20,800 oz of gold and an exploration potential of between 685,000 and 981,000 ounces. A substantial portion of the exploration potential was ascribed to the Boston Project area.

Wird Zeit für ein Update. Bei 20 Eurocent würde ich nochmal nachlegen. Muss aber nicht unbedingt sein...

Schöne Aufstockung bei 26 Cent möglich gewesen 👍

Im Video wurde ein Kursziel von 0,8-1,2 CAD ausgegeben -> 0,5-0,8 €

Ist etwas weniger aber trotzdem ein netter Anstieg.