Interested.....

Currently interested in:

AVI
SVL - Silver Mania should be coming up
CEO
ORO - Rare Earth mania coming up (again)

Will post more info shortly

NWE

Drilling campaign launched yesterday.. Will it continue to rise?

ORO - Oroyo Mining

ORO: is proving to be a busy explorer for 2011.. at $0.006 per share and around 2 billion shares on register, this company has a market cap of approx $12m

Recently the Mt Barrett REE project has engaged a gravity survey to be conducted prior to drilling. Awaiting that, we will then see a drilling campaign to be launched. IN my opinion, this could be a major driver forward for the share price.

Projects (From the Quarterly)

Rare Earths Project (REE) Mt Barrett WA: 100% and diluting to 30% free carry to a decision to mine - 

The Joint Venture Operating Committee has appointed Oroya as the operator of the project. A pre-drilling gravity survey is proposed prior to rig mobilisation in the first quarter of 2011. The total budget for this program including drilling is $450,000. 

Wiagdon Thrust Joint Venture NSW, Gold-Copper Project: Oroya 100% and diluting to 30% free carried to a decision to mine - 

In the coming quarter geochemical sampling is planned to take place in this area in an attempt to reproduce these values and to determine the significance or otherwise of these results. The geochemical soil sampling program is being devised for the anomalous area and sampling on 50m centres is planned to commence in early February 2011. 

An application has been lodged for licence 4134 which adjoins the Windamere area. 

Plans have been prepared to fly close spaced geophysical magnetic and spectral surveys over key areas in the Wiagdon Thrust Joint Venture area. These magnetics will be aimed at locating deep targets. A contract to complete Oroya 

this work will be issued and it is anticipated that flying will take place in the first quarter 2011. 

Moruya Gold Project NSW: Oroya 100% and diluting to 30% free carry to a decision to mine - 

Three of the four Target Areas previously defined have now been identified as “high priority targets” and drill testing is expected in 2011 following-up soil sampling and geological mapping. That three high priority targets are Wagonga (Target Area A), Upper Makins Creek (Target Area B) and Bimbimbie zone of Target Area D. 

Follow-up soil sampling and geological mapping of the highest priority targets will generate drill targets for testing in 2011. Other anomalous areas require further evaluation. 

Pambula Gold Project NSW: Oroya 100% and diluting to 30% free carry to a decision to mine - 

The 2 main target areas are the Wolumla area in Area 1 and the anomalous area west of Pambula. Further drainage sampling is required to fully define these prospective areas. However, it is expected that following this work, soil sampling and mapping will generate drill targets in 2011.

Victoria Gold Projects: Oroya 100% Seeking Farminees - 

Ballarat North, Beaufort, Mt Piper and Club Terrace await review and the preparation of a farmout brochure by the company’s Chief Geologist. 

Roe Hills Nickel Project WA: Oroya 100% - 

On 17 December 2010 Oroya announced to ASX its initial review of the project that confirms significant nickel targets at Roe Hills. This report can be viewed at www.oroya.com.au or at ASX’s company announcement page for ORO. 

The company is preparation for drilling as soon as practical in first half of 2011 after completion of final review by its chief geologist. 

Orbost Copper-Gold Project Victoria: Oroya 100% - 

At the Orbost Copper-Gold Project, in Southeast Victoria near the town of Orbost, four exploration licence applications cover a regional copper metallogenic zone which is prospective for porphyry copper-gold mineralization (Cadis-style). It is anticipated that the tenement applications will be granted in the current quarter. 

Share Price Drivers: Drilling campaign to be commenced on REE at Mount Barrett, Roe Hills Nickel Project drilling plan,

Keep an eye out on this one.. and don't get left holding at the spike.  Again, only in my opinion!