Pure Gold Minerals (PUG)-TSE Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Pure Gold Minerals (PUG)-TSE

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: ddl who wrote (200)	1/8/1998 2:13:00 PM
From: John Fairchild	of 1030

From Stockhouse Forum posted by Jay H I believe that Hendrik B. van der Walt is the President of Reclamation Management. He was also the President of Cayo. I believe that in July of 1997 Cayo and Pure Gold entered into agreements to acquire 25% and 50% interest from an arms length private entity. This was for 10.1 million acres in South west Alberta. This is subject to a 2% gross royalty to the staker.I believe that Reclamation Management still owns 25% with Pure Gold Minerals owning 75% of the 10.1 million acres of claims. Caribgold's agreement covers 3.5 million acres. Hendrick Van der walt also staked 650,000 acres directly across the Sask border in an agreement with another unknown company 75/25, and Pure Gold Minerals now has that 75% as well. Pure Gold originally reported 50 anomalies in this area similar to the Buffalo Hills anomalies. The Agreement with Caribgold covers about 3.5 million acres. We are awaiting clarification from Pure Gold Minerals if this high resolution magnetic survey is on claims other than the previously reported 50 anomalies. We expect that to come on the Jan 15 news release.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next