kry.to - big gap-up, that's beyond bending over, it's like licking the sidewalk too .... it's settling back now ... but here's a real fun one, i hold a little of this PoS and am less impressed with them this morning ... 'oops sorry, wrong yeller metal', lol -
' RJK and GLR find melted metal, not gold
GLR Resources Inc
GRS
Shares issued 15,354,619
Sep 6 2002 close $ 0.40
Monday September 9 2002
News Release
See RJK Explorations Ltd (RJX) News Release
Mr. Glenn Kasner of RJK Explorations reports
CLARIFICATION OF THE SEPTEMBER 4TH RELEASE
RJK Explorations and GLR Resources advise that the report of an intersection of
visible gold of Sept. 3, 2002, was in error. The original report was issued in the
interest of complete and timely disclosure and in the belief that the information as
received from the field was reliable, material and that its release would preclude
the likely event of unsubstantiated rumour arising.
The companies now understand that the material reported as visible gold was
most probably melted or fused metal powder enclosing the diamond of a diamond
drill bit which melted on loss of water circulation and adhered to naturally
occurring quartz. The resulting mixture of metals at the point in the hole where
circulation was lost had the colour, hardness and malleability of gold. Analysis by
Accurassay Laboratories of Thunder Bay, received on Sept. 6, has shown that the
yellow metal is a mixture of Cu, Zn, Ni, Co and Pb with only 0.011 of a gram per
tonne Au. Two adjacent holes have been completed close to the originally
reported intersection and only intersected granite.
The company and its qualified person, Terence J. Bottrill, PEng, regrets the
premature release of what it believed, at the time, to be accurate information.
(c) Copyright 2002 Canjex Publishing Ltd. stockwatch.com ' |
