IIG - Integrated Investment Group
- Thread starter krisbarry
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IIG wishes to advise that it has appointed Darin Rowley as its Chief Geologist to provide the company with ongoing expertise in assessing a growing list of prospective gold mining investments that the company is currently reviewing.
Chairman Tim Moore says:
“At present we have upwards of five prospective mining investments at an advanced stage of evaluation or negotiation. It is now important more than ever that we bring in additional resources and expertise to assist the company in finalising these opportunities. We are very excited to have Darin on board. Not only will Darin provide invaluable support in our review of prospective mining investments but will be instrumental in the continuing development of our Lionel Diggings gold project. In that regard we expect results from the recent drilling at Lionel Diggings to be available in the next two weeks.”
Mr Rowley has over 15 years experience and has worked as a geologist at some of the world’s leading miners including Phelps Dodge, Battle Mountain Gold, Oxiana Ltd and Emperor Mines to name a few.
Looks like the market liked this announcement yesterday.
Another due in 2 weeks, could show some promise as a small punt.
Chairman Tim Moore says:
“At present we have upwards of five prospective mining investments at an advanced stage of evaluation or negotiation. It is now important more than ever that we bring in additional resources and expertise to assist the company in finalising these opportunities. We are very excited to have Darin on board. Not only will Darin provide invaluable support in our review of prospective mining investments but will be instrumental in the continuing development of our Lionel Diggings gold project. In that regard we expect results from the recent drilling at Lionel Diggings to be available in the next two weeks.”
Mr Rowley has over 15 years experience and has worked as a geologist at some of the world’s leading miners including Phelps Dodge, Battle Mountain Gold, Oxiana Ltd and Emperor Mines to name a few.
Looks like the market liked this announcement yesterday.
Another due in 2 weeks, could show some promise as a small punt.
Yep I chose to buy in the other day. Nice little gold speccie with announcements due mid June. have been monitoring the company announcements since late last year but when the rains came the announcements stopped. Hoping for less rain in Mckay but more rain elsewhere.
For those who hold this stock, hopefully we'll get an announcement today. I hold a small parcel, but unfortunately purchased them at 0.026. I've just placed an order to triple my holdings this morning at 0.019 to bring my overall average purchase price down to around 0.021 (the order for 40,000 at 0.019 just placed if you're following the pre-open...that we me 
)
If we get an announcement then, IMO, we should probably see a sp in the mid to high
0.02's.
Based on the 2 June announcement, I'd expect to see the announcement today or perhaps Monday. From the 2 June announcement:
"IIG is pleased to advise that first phase drilling at Lionel Diggings has intersected significant gold mineralisation. A suite of orientation samples (27 samples) yielded significant gold intersections. The orientation analytical results included:
• 2m at 11.2 g/t Gold and 6.3 g/t Silver from 63m
• 1m at 4.36 g/t Gold from 103m
Significant gold intersections prove that the Lionel Diggings sheeted gold-silver bearing vein system carries gold and silver at depth. Gold-silver bearing veining is open at depth and has been surface mapped for a strike length of 700m.
IIG expects to receive analytical results for the remaining 420 drill samples in the next two to three weeks."
)If we get an announcement then, IMO, we should probably see a sp in the mid to high
0.02's.
Based on the 2 June announcement, I'd expect to see the announcement today or perhaps Monday. From the 2 June announcement:
"IIG is pleased to advise that first phase drilling at Lionel Diggings has intersected significant gold mineralisation. A suite of orientation samples (27 samples) yielded significant gold intersections. The orientation analytical results included:
• 2m at 11.2 g/t Gold and 6.3 g/t Silver from 63m
• 1m at 4.36 g/t Gold from 103m
Significant gold intersections prove that the Lionel Diggings sheeted gold-silver bearing vein system carries gold and silver at depth. Gold-silver bearing veining is open at depth and has been surface mapped for a strike length of 700m.
IIG expects to receive analytical results for the remaining 420 drill samples in the next two to three weeks."
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Nothing changed here except that they don`t have all that much cash.
Drilling closer intervals should be happening around now so if it keeps at aroun 1c and under I will be buying up more this week.
Hang on to them Nick, I`m sure you will come out higher than 2.6c.
Drilling closer intervals should be happening around now so if it keeps at aroun 1c and under I will be buying up more this week.
Hang on to them Nick, I`m sure you will come out higher than 2.6c.
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..........................
........and keep hanging in there if you have the nerve and patience.
Although gold juniors are getting belted at the moment
Integrated Investment Group (IIG) is pleased to announce that the company has made an application for an Exploration Licence (E08/1880) over the historic Lyndon Station gold mine in Western Australia. IIG is working through the standard Exploration Licence application process with the Western Australia Department of Industry and Resources and expects the licence to be granted promptly.
The historic Lyndon Station gold mine is located over a quartz vein system. Previous production (3 stopes and 2 shafts to a depth of 9 m) between 1952 and 1954 was 100t at 3-5oz (124g/t) (source : MINEDEX) and between 1990 and 1991 via an open cut extension to 10m with 29 tons of quartz ore @ 22g/t (source : WAMEX)
The Lyndon Station Gold Mine is documented as lying on an east-west structure that hosts several high grade reefs. This structure appears to be partly obscured by colluvium and windblown sand and has not been tested by modern exploration techniques including drilling within the Lyndon Licence. Upon granting of the Lyndon Exploration Licence, IIG intends to map and surface sample the licence as a first step to testing the potential for a high grade low cost open pittable gold mine.
Gold price history
........and keep hanging in there if you have the nerve and patience.
Although gold juniors are getting belted at the moment
Integrated Investment Group (IIG) is pleased to announce that the company has made an application for an Exploration Licence (E08/1880) over the historic Lyndon Station gold mine in Western Australia. IIG is working through the standard Exploration Licence application process with the Western Australia Department of Industry and Resources and expects the licence to be granted promptly.
The historic Lyndon Station gold mine is located over a quartz vein system. Previous production (3 stopes and 2 shafts to a depth of 9 m) between 1952 and 1954 was 100t at 3-5oz (124g/t) (source : MINEDEX) and between 1990 and 1991 via an open cut extension to 10m with 29 tons of quartz ore @ 22g/t (source : WAMEX)
The Lyndon Station Gold Mine is documented as lying on an east-west structure that hosts several high grade reefs. This structure appears to be partly obscured by colluvium and windblown sand and has not been tested by modern exploration techniques including drilling within the Lyndon Licence. Upon granting of the Lyndon Exploration Licence, IIG intends to map and surface sample the licence as a first step to testing the potential for a high grade low cost open pittable gold mine.
Gold price history
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Anyone still holding? Or have losses been realised?
A small light at the end of the tunnel, director buying a few before the General Meeting this Friday.
There`s hope yet
I`m still holding, too illiquid not to be really.
A small light at the end of the tunnel, director buying a few before the General Meeting this Friday.
There`s hope yet
I`m still holding, too illiquid not to be really.
