Thanks Trev-- I believe that's SW's summary of MMU's Annual Report, & not the update we're waiting for from the company. Thanx for posting it though!
ATB, -j :> PS, Bear this excerpt in mind (re. land-holdings in the area):
..During 1998 and the first four months of 1999, virtually all of the company's exploration efforts were focused on the Chinchaga project. It covers over 925,000 acres in Northern Alberta. Marum holds a 100-per-cent interest in 400,000 acres, a 75-per-cent interest in 275,000 acres (the former Marum/Caribgold joint venture), *and a 50% interest in 250,000 acres (the Marum/Micrex Joint Venture).
-when it comes to further discoveries in the region. _______ *Note that the above bolded text was omitted in StockWatch's review of the Marum Annual Report. Also, FYI, not quoted by the SW summary: _Marum's AR reads, ..The total capital mobilized by the company between January 1, 1998 and April 30, 1999 was $1,075,000, of which over $900,000 was spent on exploration. |