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Gold/Mining/Energy : Consolidated Tako Resources (V.CKR was TOR)
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To: HARLEY II who wrote (52)8/20/1997 11:08:00 PM
From: bigboy   of 87
 
Tako Resources Ltd - NEWS RELEASE!!!!!!!!!!!!!!!

Nome property to be drilled

Tako Resources Ltd
TOR
Shares issued 7571553
1997-08-20 close $0.13
Wednesday Aug 20 1997
Mr Paul Pang reports
The company has submitted a Notice of Work and Reclamation Program on a
Mineral Property to the BC Ministry of Energy, Mines and Petroleum Resources
Division, for the Nome property.
The work program will consist of a 10 hole diamond drill program to a depth of
125 metres each for a total drill program of 1250 meters and extensive survey
grid. A thorough survey grid is planned for the Nome No. 1 claim. The grid will
have over 3.5 m of surveyed baseline and tie lines, The grid will be 47 km in total
length. This 50 metre spacing over the total claim group will be used mainly to
discover and map the quartz veins on the claims. All quartz veins will be sampled
and assayed for gold and silver. Visible gold in quartz veins is common in the area.
Quartz veins containing visible gold will be trenched to measure width and length.
Sampling of trenches will give assay values at surface. The most interesting and
high grade trenches or veins will be diamond drilled.
The first stage of drilling applied for with the company's notice of work application
is for 10 drill holes.
There are over 15 old and new mine workings within 20 km of the company's
claims.
The company does not anticipate any problems in being granted the work
approval number because of the mining activity on the adjacent mining claims.
(c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com
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