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Gold/Mining/Energy : Diamondex: Winspear Restructured Exploration Offshoot

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To: Berry Picker who wrote (224)2/6/2001 12:08:43 AM
From: Berry Picker  Read Replies (1) of 1283
 
Here's the Tyler News

Tyler Resources Inc TYS
Shares issued 30,294,939 2001-02-02 close $0.15
Monday Feb 5 2001 News Release
See Diamondex Resources Ltd (DSP) News Release

Mr. Randy Turner reports
Diamondex Resources has acquired a 60-per-cent interest in the Carat property from Tyler Resources. The Carat property, comprising 95,000 acres, is situated immediately north of the Ekati diamond mine in the Northwest Territories, operated by BHP Diamonds Inc. and Dia Met Minerals Ltd.
Diamondex has notified that intends to exercise its option to acquire an additional 10 per cent by spending a further $1-million, prior to Dec. 31, 2002.
Diamondex has budgeted $800,000 for its winter exploration program on the Carat property, which includes a detailed ground geophysical survey and a 1,400-metre drill program, and is expected to commence in late February.
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