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 : Ican Mineral (T.IMI) Begining to Move
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bohdan who wrote (27)6/19/1997 7:08:00 PM
From: Bohdan   of 33
 
Algun Dia first phase drilling begins

Ican Minerals Ltd IMI
Shares issued 26,003,086 Jun 18 close $0.29
Thu 19 Jun 97 News Release
Mr Archie Nesbitt reports
The company's first phase of drilling has started on its Algun Dia
gold-silver-copper project in Guanajuato State in central Mexico.
The program will consist of 2,000 metres of diamond drilling, NQ size,
comprising of 10 to 15 holes spread over a 1.5 kilometre area where surface
geological mapping, underground sampling of old workings and geochemical
surveys yielded positive results.
The recently completed induced polarization geophysical survey delineated
two anomalies, one covers the central area of the concession where there
are old workings.
The second geophysical anomaly covers the northeastern section of the
project and may be related through a cross structure of the Arroyo Grande
fault, to the central anomaly. This N-E anomaly shows the strongest
response, measures about 350 x 500 metres and is open to the north and
east.
The first phase of the drill program is designed to test both anomalies.
Initially the zones will be tested to obtain samples and structural
information, to be followed by further drilling to define the zones of
mineralization.
Initial results from this first phase of drilling are expected in late
July.
(c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.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
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News