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Gold/Mining/Energy : Tyhee (Toronto Stock Exchange)
TDC 28.30+3.0%Nov 6 4:00 PM EST

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To: jjrgspab who wrote (447)10/26/2004 8:41:47 PM
From: Dave R. Webb   of 695
 
I watch here from time to time.

Tyhee's web site is up to date on the news, and is undergoing some structural revisions to make it easier to find and understand the information coming out.

This year, a very large ($7.2 million) exploration program was initiated. We've seen some of the results of the 10,000 metre drill program already, and more are pending. The bigger news is the 600 metre underground program. This is designed to tunnel through some of the mineralization and then open up these gold zones for examination, sampling, and engineering studies.

There has been one release on the underground program recently and more should come as it is ongoing today. More news will come out as events dictate.

A recent news release announced a financing co-lead by Clarus and Canaccord. These funds will permit continued exploration and development of the Yellowknife Gold Project.

The Yellowknife Gold Project is wholly owned, is in the Yellowknife Gold Camp where high-grade multi-million ounce deposits have been found and mined in the recent past. At $7.2 million, this is one of the largest, wholly-owned gold projects being advanced in Canada. Expect more news.

Dave
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