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NUH - Nuheara Limited

Discussion in 'Stocks I-P' started by Joe Blow, Mar 26, 2010.

sentifi.com

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  1. Joe Blow

    Joe Blow Administrator Staff Member

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    Wild Acre Metals Limited (WAC) is an Australian based gold exploration company with 3 projects focussed in areas of historical mining with a lack of modern exploration and where previous exploration has shown results of high quality but remain where exploration remains incomplete.

    Quinns Project:
    The project is situated in the North-Eastern Goldfields of Western Australia approximately 110km to the west of Leonora. The tenement package covers a north south distance of approximately 35 km. A number of historic drill intersections require follow up drill testing.

    Mt Ida South Project:
    The project is located in the North Eastern Goldfields region of Western Australia, 200km N-NW of Kalgoorlie. The Mt Ida South Project covers an area consists of 5 pending tenement applications covering a total area of 31km2.

    Yerilla Project:
    The project is located in the Eastern Goldfields of Western Australia approximately 150km to the N-NE of Kalgoorlie. Major prospects that require further exploration and drilling include Yerilla King, Viola and Yerilla Central.

    Sector: Materials
    Shares on Issue: 16,160,001
    Current Market Capitalisation: $3,555,200
    Website: http://www.wildacre.com.au
     
  2. AussiePaul72

    AussiePaul72

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    Re: WAC - Wild Acre Metals

    WAC is a gold explorer with the projects mentioned in the above post by Joe. Below is the recent highlights from the last quarterly.

    HIGHLIGHTS
    • Successful completion of RC drilling program at Boudie Rat, Forrest
    Belle, Quinn Hills and Matisse Prospects.
    Boudie Rat drilling confirms the updip potential of the newly discovered
    zone of gold mineralization.
    Best Intercepts include:
     9 metres @ 9.67 g/t gold from 71 metres
     3 metres @ 12.30 g/t gold from 64 metres
    _____________________________
    Forrest Belle drilling demonstrates continuity south of the existing pit
     2 metres @ 13.24 g/t gold from 73 metres
     1 metre @ 22.17 g/t gold from 73 metres
     1 metre @12.36 g/t gold from 55 metres
    _____________________________
    Drilling at Quinn Hills confirms mineralisation over a strike of 250 metres
     5 metres @ 9.46 g/t gold from 40 metres
     2 metres @ 20.46 g/t gold from 33 metres
     3 metres @ 4.80 g/t gold from 48 metres
    _____________________________
    At Matisse Prospect, limited RC drilling was completed and returned;
     1 metre @ 2.05 g/t Au from 36 metres
    ________________________________

    WAC is flying under the radar in my opinion and has a lot of potential upside. It is a tightly held stock with only 19.6M shares quoted. At present WAC has a market cap of under $4M (@ 19c) with approx $1.45M in cash at the end of the last quarter.
     
  3. springhill

    springhill Make the drill work for YOU

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    Re: WAC - Wild Acre Metals

    WAC has been on my numero uno watchlist for a long time. I know I love my low liquidity stocks, but this is ridiculous! This is possibly the most thinly traded stock on the markets.

    Recent developments over the last few months include a drilling program commencing at Mt Ida, targeting Au.

    They have also acquired 3 ready to drill projects in Peru, for the measly sum of $200k plus 1.5m shares.

    Sambalay Copper‐Gold Project hosts surface rock chip samples grading up to 15.1g/t gold, 2,780g/t silver and 10.55% copper directly above an identified resistivity anomaly. Project surrounded by Anglo‐American, Teck and BHP Billiton exploration concessions.

    Chaparra and Yauca IOCG Projects contain intense magnetic anomalies within the Peruvian‐Chilean coastal IOCG belt that hosts the “World Class” Marcona (1.4BT @ 55.4% Fe) and Pampa De Pongo (863MT @ 41.3% Fe) and Mina Justa (400MT @ 0.76% Cu) mines.

    Planning underway for drill programs in 2012‐13

    They also have a suite of Australian projects worth having a look at.

    39m FPO shares on issue, with $1m in the bank.

    A cap raising to fund further exploration could increase liquidity, will continue to watch closely.
     
  4. springhill

    springhill Make the drill work for YOU

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    Re: WAC - Wild Acre Metals

    WAC will commence their prospective Peruvian exploration program, beginning next month.

    * Surface sampling to commence at Sambalay (Cu‐Au), Yauca (IOCG) and Chaparra
    (IOCG) Projects in July 2012 prior to planned drilling.
    * Sambalay epithermal gold and porphyry copper Project and the Yauca IOCG Project
    to be drilled during December quarter 2012.
    * Chaparra IOCG Project to be drilled in early 2013.
    * Community liaison and logistics has commenced at all projects.

    http://www.asx.com.au/asxpdf/20120618/pdf/426wj56t1900kz.pdf
     
  5. springhill

    springhill Make the drill work for YOU

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    Re: WAC - Wild Acre Metals

    WAC's quarterly out today. Key points include,

    • Acquisition of highly prospective IOCG and Epithermal Gold‐Silver projects in Southern Peru.

    • Work programs announced at Peruvian gold, silver, copper and IOCG projects, leading to proposed drilling in the December 2012 quarter.

    • RC drilling completed at Western Australian gold projects at Quinns and Yerilla. Best results from initial composite sampling include 8 metres @ 4.04 g/t gold (Quinns) and 4 metres @ 1.90 g/t gold (Yerilla)

    • Deep drilling also completed beneath Boudie Rat open pit (Quinns) has intersected 6m @ 2.55 g/t gold, 80 metres down dip of 8 metres @ 7.36 g/t gold

    • Establishment of Peru office with key “in country” management and administrative staff appointments completed.


    WAC are now running with Sambalay as their number one project, sampling and drill planning will occur in Sept, actual drilling in December. This is the key timeframe I will be watching WAC. Sambalay has some extremely good potential and the project concessions have been subsequently surrounded by major companies including Anglo‐American, Teck and BHP Billiton.
     
  6. springhill

    springhill Make the drill work for YOU

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    Re: WAC - Wild Acre Metals

    RC Drilling results from Quinns Mining Centre and Yerilla Project

    Significant RC drill results (1 metre) at the Quinns Mining Centre include
    ● 7 metres @ 4.9 g/t gold from 76 metres (including 1 metre @ 19.97 g/t gold) ‐ (WARC037)
    ● 1 metre @ 2.47 g/t gold from 91 metres ‐ (WARC035)
    ● 1 metre @ 2.23 g/t gold from 112 metres ‐ (WARC039)

    Significant RC drill results (1 metre) at the Yerilla Mining Centre include
    From the Yerilla King Prospect
    ● 1 metre @ 2.83 g/t gold from 52 metres ‐ (WAYRC001)
    ● 1 metre @ 1.25 g/t gold from 40 metres ‐ (WAYRC002)
    ● 1 metre @ 1.75 g/t gold from 62 metres ‐ (WAYRC002)

    From the Queen of the Earth Prospect
    ● 1 metre @ 1.59 g/t gold from 20 metres ‐ (WAYRC003)
    ● 1 metre @ 9.34 g/t gold from 23 metres ‐ (WAYRC003)
    ● 1 metre @ 1.03 g/t gold from 87 metres ‐ (WAYRC003)
     
  7. springhill

    springhill Make the drill work for YOU

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    Re: WAC - Wild Acre Metals

    FIRST PASS FIELD WORK COMPLETED AT PERU IOCG TARGETS

    ● Site visits and reconnaissance sampling has been completed at the Yauca and Chaparra Iron Oxide Copper Gold (IOCG) Projects in Southern Peru

    At Yauca
    • Grades of 5.4% copper and 0.83g/t gold recovered from float sample
    • Targets identified for drilling in coming months
    • Magnetite rich sands identified proximal to anomalies within project area

    At Chaparra
    • Gravity survey set to commence over priority anomaly
    • Drill access defined with drilling planned for December 12 Quarter.
     
  8. springhill

    springhill Make the drill work for YOU

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    Re: WAC - Wild Acre Metals

    FIELD WORK YIELDS POSITIVE RESULTS AT SAMBALAY, PERU

    ● A site visit and reconnaissance sampling has been completed at Sambalay (Au‐Ag‐Cu) Project in Southern Peru

    ● Reconnaissance rock chip sampling at Mina Tapial Prospect returned high copper and silver assays of:
     7.07% Cu, 126 g/t Ag and 0.18 g/t Au
     2.36% Cu, 20.1 g/t Ag and 0.03 g/t Au
     1.8% Cu, 41 g/t Ag and 0.03 g/t Au

    ● Reconnaissance rock chip sampling at Agua del Milagro Prospect returned high silver assays with elevated base metals including:
     3,260 g/t Ag and 0.12 g/t Au and 0.48% Pb and 1,820 ppm Zn
     1,660 g/t Ag and 0.05 g/t Au and 2.78% Pb and 528 ppm Zn
     
  9. springhill

    springhill Make the drill work for YOU

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    Re: WAC - Wild Acre Metals

    PERU WORK PROGRAM UPDATE

    ● Recent site visits and reconnaissance sampling at Peruvian Projects has resulted in a revised timetable for coming 6 months work programs
    ● Drilling at the Chaparra IOCG Project is now scheduled for the December Qtr 2012
    ● Yauca IOCG Project is scheduled for drilling in the March Qtr 2013
    ● Sambalay Epithermal Gold/Porphyry Copper Project is scheduled for drilling in the December Qtr 2012
    ● On ground exploration including new geophysical surveys are due to be commenced during September on all projects to refine and generate new drilling targets
     
  10. springhill

    springhill Make the drill work for YOU

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    Re: WAC - Wild Acre Metals

    WAC have been a low cap floater on one of my watchlists that doesn't seem to do alot in terms of share price movement, volume traded or ASX announcements.

    This has potential to change in the first and second quarters of 2013.
    Latest announcements.

    13th Dec 2012
    GOVERNMENT FUNDING RECEIVED TO TEST WA GOLD TARGET
    • Planned drilling at Mt Ida South P
    • Drilling to test 550 metre ‘gap in drilling’
    • Previous intersections include 10 metres @ 7.99 g/t gold and 20 metres @ 1.79 g/t gold from single drill hole which ended in 2 metres @ 1.1g/t gold at 64m

    24th Dec 2012
    DRILLING CONTRACT SIGNED FOR CHAPARRA PROJECT
    Wild Acre advise of the signing of a drilling contract with AK Drilling International S.A. for drilling at the Chaparra Project IOCG Project, Southern Peru. AK Drilling is one of Peru’s largest drilling companies specialising in Reverse Circulation (RC) and Diamond drilling throughout Latin America.
    Wild Acre plans to test a number of targets with deep reverse circulation (RC) drilling, totalling approximately 1,200 metres. It is anticipated that this drilling will commence in late January / early February 2013 once the Peruvian statutory drill permits are received. Geophysical surveys completed at Chaparra including ground magnetics and gravity have identified a number of targets that require drill testing. A recent gravity survey has complemented the previous ground magnetic survey and a number of iron oxide copper gold (IOCG) type targets have been defined at the Chaparra Project.

    27th Dec 2012
    SAMBALAY PROJECT UPDATE ‐ PERU
    ● Reconnaissance Exploration at Sambalay identifies new epithermal vein near Sambalay Chico prospect
    ● Regional ground exploration program to commence January 2013
    ● Submission for drill permit at Sambalay Project imminent
     

    Attached Files:

  11. prawn_86

    prawn_86 Mod: Call me Dendrobranchiata

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    Re: WAC - Wild Acre Metals

    Seems like another one of those micro caps that are happy to keep taking directors wages, but will never get anywhere. Overeas projects especially that are likely to never get off the ground.

    How does one get a director role like this? ;)
     
  12. springhill

    springhill Make the drill work for YOU

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    Re: WAC - Wild Acre Metals

    If you check the 2012 cashflow reports you will see administration expenses for each quarter are $30k, $90k, $30k and $30k. These would be the lowest I have ever seen.

    Hardly the stuff of high rollers.
     
  13. prawn_86

    prawn_86 Mod: Call me Dendrobranchiata

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    Re: WAC - Wild Acre Metals

    Yes that is very low actually. Still, be one 5 or 6 different company boards and you could gain a nice salary ;)
     
  14. springhill

    springhill Make the drill work for YOU

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    Re: WAC - Wild Acre Metals

    No argument there prawn, nor or your point of project viability.
     
  15. verce

    verce

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    Re: WAC - Wild Acre Metals

    Disclosure: Holding

    http://www.aspecthuntley.com.au/asxdata/20150520/pdf/01626640.pdf

    World class speech separation technology from Curtin University of Technology. 50 combined years of hearing technology development. Curtin partnership will deliver new processing techniques and IP for augmented hearing.

    Proprietary technology 100% owned by WAC/Nuheara

    Provides functionality with AND without a smart phone!

    Future capabilities for this smart device flagged in presentation :

    *Translating languages on the fly
    *Medical and fitness coach prompting through analysing sensors
    *Environmental GPS
     
  16. Porper

    Porper Ralph Nelson Elliott

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    Re: WAC - Wild Acre Metals

    Still high risk. It's a prototype only. End of 2016 before production...if all goes to plan. Since 2011 this company has lost 95% in value. Just to balance the last post.
     
  17. verce

    verce

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    Re: WAC - Wild Acre Metals

    Yeah it was definitely sold down as a mineral explorer.

    The reverse takeover was only announced a couple of months ago though. Hence why I consider it undervalued at current levels.

    http://www.startupdaily.net/2015/06...-company-list-asx-lets-people-hear-want-hear/
     
  18. verce

    verce

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    Re: WAC - Wild Acre Metals

    sensear.jpg

    A Silicon Valley stock on the ASX. Well worth watching.

    Commercialised the world's first global industrial wearable device company - SENSEAR!

    https://en.m.wikipedia.org/wiki/Sensear

    The company has recently established distribution and marketing bases in Europe and the US. They supply to manufacturing, mining, construction, military, law enforcement and entertainment industry customers. Customers include Alcoa, Boeing, Qantas, OneSteel and BHP Billiton.

    Revenue of approximately 35 million based on my research.

    Disclosure: Holding:2twocents
     
  19. Porper

    Porper Ralph Nelson Elliott

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    Re: WAC - Wild Acre Metals

    Trouble is the market doesn't agree with you...at least not yet.

    You appear to be in love with this stock though so good luck. Just don't continually ramp it.
     
  20. verce

    verce

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    Re: WAC - Wild Acre Metals

    Those are revenue figures for Sensear. Nuheara hasn't launched their product yet.
     

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