from the sec filing
looks like intergold (and us) may have been had
anyone in salt lake able to get more detail of the allegations?
Item 5. Other Events
On September 27, 1999, Intergold Corporation (the "Company") and Geneva
Resources, Inc., a Nevada corporation ("Geneva") initiated legal proceedings
against AuRIC Metallurgical Laboratories, LLC, a Utah limited liability
corporation ("AuRIC"), and Dames & Moore, a Delaware corporation ("Dames &
Moore"), by filing its complaint in the District Court of the Third Judicial
District for Salt Lake City, State of Utah.
The Company and AuRIC had previously entered into an Agreement for Services
dated March 18, 1999 (the "Agreement for Services") whereby AuRIC agreed to
perform certain services, including the development of proprietary technology
and know-how relating to fire and chemical assay analysis techniques and
metallurgical ore extraction procedures developed specifically for the Company's
Blackhawk Property. Geneva and AuRIC also entered into a Technology License
Agreement dated March 17, 1999 (the "License Agreement") whereby AuRIC agreed to
supply the proprietary technology to Geneva and grant to Geneva a license to use
such technology on claims located in Lincoln, Camus, Blaine, and Gooding
Counties (the "territory"), and AuRIC also granted Geneva the right to
sub-license the proprietary technology to the Company for use on the Company's
Blackhawk Property. Dames & Moore subsequently verified the fire and chemical
assay techniques and procedures developed by AuRIC and their repeatability. The
Company subsequently entered into multiple work orders with Dames & Moore
relating to a variety of services, such as professional and independent project
management, project cost control, geological mapping and studies, permitting and
land use, chain of custody drill sample collection, environmental assessment
reports, survey mapping, petrographic studies, data management and data entry,
chain of custody assay database, geographic information systems, development
geology, project control, scheduling, geology support, chain of custody
protocols, laboratory evaluations, public involvement, and field mobilizations..
The Company and Geneva initiated legal proceedings against AuRIC for (i)
multiple breaches of contract relating to the Agreement for Services and the
License Agreement, respectively, including, but not limited to, establishment
and facilitation of the proprietary technology and fire assay procedures
developed by AuRIC at an independent assay lab and failure to deliver the
proprietary technology and procedures to the Company, Geneva, and Dames & Moore,
(ii) breach of the implied covenant of good faith and fair dealing; (iii)
negligent misrepresentation, (iv) specific performance, (v) non-disclosure
injunction, (vi) failure by AuRIC to repay advances, (vii) quantum meruit/unjust
enrichment. The Company also named Dames & Moore in the legal proceeding in a
declaratory relief case of action.
The Company is reviewing further legal remedies against AuRIC and Dames &
Moore and intends to aggressively pursue any and all such actions. |
