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 : Western Keltic Mines Inc. (WKM.VSE)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Stew who wrote (100)6/5/2000 4:22:00 PM
From: Buckey  Read Replies (1) of 157
 
This looks different and just came out - 2NR in the same day - cant tell much in the difference
Rimfire and Western Keltic commence work in Alaska

Western Keltic Mines Inc WKM
Shares issued 10,074,871 Jun 2 close $0.27
Mon 5 Jun 2000 News Release
See Rimfire Minerals Corp (RFM) News Release
Mr. David Caulfield reports
Exploration crews will be mobilized to Rimfire Minerals and Western Keltic
Minerals' jointly owned California and Surf properties in east-central
Alaska, during the week of June 5. The properties are located east of
Teck/Sumitomo's Pogo gold deposit (10.6 million tons grading 0.53 ounces
per ton gold). The two-phase, $500,000 program is designed to follow up
favourable results obtained in 1999. The 1999 exploration program was
successful in confirming the presence of Pogo-style mineralization on the
properties. Rock sampling yielded high-grade gold values up to 24.8 grams
per tonne (0.72 ounce per ton) and together with large, open-ended gold and
pathfinder element soil geochemical anomalies suggest the presence of a
potentially large mineralizing system. Large areas of the 70-square-mile
property are still to be explored.
Phase 1 of the 2000 field program is designed to increase the density of
sampling in both the Boundary and Southeast Surf areas, to better-define
existing anomalies and to optimize placement of drill holes. Detailed
mapping, infill soil sampling and grid-based ground magnetic and VLF
surveys will be conducted on the Boundary and Southeast Surf anomalies. The
phase 2 program will consist of a diamond drilling program at the Boundary
anomaly. Phase 2 will commence once the results from phase 1 are received
and compiled.
Rimfire and Western Keltic each hold a 50-per-cent interest in the
properties. Western Keltic, financed by Barrick Gold Corporation, can earn
an additional 30-per-cent interest in the properties by issuing shares and
conducting $4.5-million in exploration expenditures.
(c) Copyright 2000 Canjex Publishing Ltd. canada-stockwatch
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News