This company with the rather strange name is another of the
Hunter Dickinson stable of companies, which includes
the likes of Great Basin Gold and Farallon, among others.
They "have" important platinum and palladium property
in the Bushveld Complex of South Africa. The italics for
have is because they are in the process of acquiring it
as per an agreement dated October 15, 1999 from Pinnacle
Resources. The whole region is extremely prospective
for PGE metals, and their 10 km long property "is
contiguous with and extends north of Amplats' Platreef
Property, hosting nine known deposits with combined resources of 44+ million ounces of PGE's and gold."
A previous drill hole program encompassing 8 holes in within
one kilometer (just north of the Amplats boundary)
demonstrated significant intercepts and grades of PGE metals.
Data on this previous drill program is available at
the web site: www.hdgold.com/about anooraq.htm
The plan is to begin drilling this property in early 2000.
I am a shareholder.
Dan |
