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Gold/Mining/Energy : Claude Resources TSE.CRJ Undervalued Junior Gold Anyone?

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To: que seria who wrote (351)9/22/2003 12:49:55 AM
From: Gord Bolton   of 359
 
The news is good and the best is yet to come from Madsen/ Redaurum.

Message 17955925

finance.yahoo.com

"Wolfden owns a 100% interest in the My-Ritt Property. The My-Ritt Property is host to one of the most significant, untested, hinge folds in ultramafic rocks in the Red Lake area. This ultramafic unit is believed to be on the northern extension of the ultramafic unit which hosts the Claude/Placer discovery. Folded ultramafic rock units are considered to be one of the key controlling factors of the main high-grade zones in Red Lake gold mines.

An exploration program is currently being carried out on the Property, and drilling funded by joint venture partner Teck-Cominco Limited is currently underway."

wolfdenresources.com

The high grade intersections at relatively shallow levels are definitely elephant trails. And there are multi-ounce intersections across the border on Redaurum (Claude 20% carried I believe)

Message 15176625
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