Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: Canuck Dave who wrote (21831)	11/13/2002 7:39:17 PM
From: Rocket Red	Read Replies (1) of 36161

Globe says investors hail Canadian Royalties on assays Canadian Royalties Inc CZZ Shares issued 25,053,809 Nov 12 2002 close $ 2.01 Wednesday November 13 2002 In the News Also Ungava Minerals Corp (UNGV) In the News The Globe and Mail reports in its Wednesday, Nov. 13, edition that Canadian Royalties soared 56 cents to close at $2.01 on the TSX Venture Exchange Tuesday. The Globe's Market Movers column reports that Canadian Royalties saw 1.7 million shares change hands Tuesday after it announced rich drill results containing nickel, copper, cobalt and platinum group metals in the Nunavik (Ungava) Quebec area. The drill results are 60 metres north of a 32-metre metals-bearing sulphide intersection reported by the company in 2001 on its 70-per-cent-owned property. The latest three holes on the Expo-Ungava joint-venture property had intersections of 66 metres, 49.3 metres and 21.2 metres. The drill results were obtained on Friday, a spokesperson said. In an Oct. 31 release, the company said it had granted its officers and directors options to acquire 1.7 million shares at 75 cents each. Ungava Mineral Exploration owns 30 per cent, reports The Globe. (c) Copyright 2002 Canjex Publishing Ltd. stockwatch.com old url (better for printing)

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