SI
SI
discoversearch

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 ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jesse who wrote (994)11/10/1999 10:30:00 AM
From: Brian Warner  Read Replies (1) of 1030
 
Pure Gold Drilling in Northern Ireland to Commence

VANCOUVER, BRITISH COLUMBIA--Donald R. Sheldon, President & CEO of
Pure Gold Minerals Inc. (PUG:TSE) (Pure Gold) is pleased to
announce that drilling on the "Larne Project" in Northern Ireland
will begin November 12, 1999.

The 350 square kilometers Larne license is located within the
Larne basin, which is analogous to offsetting basins containing
large oil and gas pools such as Morecambe Bay (7 trillion cubic
feet) Corrib (1 trillion cubic feet) and Liverpool Bay (up to 200
million barrels). The Starwood sandstone, which forms the
reservoir in all the offsetting oil and gas pools, is known to be
over 600 meters thick in the Larne basin and has excellent
porosity and permeability.

The three slim holes that will be drilled will test distinct
seismic targets that correlate with known production in the
offsetting basins. There is excellent infrastructure and a growing
local market for natural gas in Ireland.

The drilling program is expected to be completed by December 20,
1999.

Antrim International is the operator of the program.

-30-

FOR FURTHER INFORMATION PLEASE CONTACT:

Pure Gold Minerals Inc.
Donald R. Sheldon
President
(604) 687-2038
Website: www.pugres.com

fin-info.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News