EDIT: Yes it says that he is the Geological Consultant for DAE.
You could be right, Claude. But I saw Lando and Fraser's name at the bottom of this DAE fact sheet while surfing. Perhaps things have shifted now. But you are right, CKG is the main force behind Juliana. They have up to 60% interest as I recall.
Wow, if Juliana delivers, both DAE and CKG shareholders will be very happy and probably rich!
JH
The La Juliana property consists of three
claims covering over 700 hectares
La Juliana is located in eastern Sonora State,
Mexico, in the Mulatos Mining District and is
accessible by an all-weather road.
La Juliana is a volcanic-hosted, high-sulphidation
epithermal gold prospect. Both the El Sauzal
deposit (3.2 million ounces) and the nearby
Mulatos deposit (4.0 million ounces) are high
sulfidation deposits slated for near term produc-
tion.
La Juliana is situated at the north end of a 3-
kilometer long silicified ridge, a topographical
feature that appears to represent a large
epithermal 'silica cap'. Zones of high-grade gold
mineralization extend for more than 500 meters
along a major north-northwest trending fault.
More than 250 surface samples have been
collected and assayed
Selected rock chip samples taken from partially
exposed outcrops in cross-cutting structures
returned 22.5 m of 3.5 g/t Au, 9 m of 4.0 g/t Au,
and 17 m of 0.7 g/t Au. Abundant visible gold is
present.
Drilling planned for early 2005
The goal of the initial work program, which
includes trenching, sampling, geochemistry, and
geophysics is to refine the geological model and
to further define drill targets. An extensive
drilling campaign is expected to start in spring
2005.
Capital Structure
Issued and outstanding
shares :
9,826,920
Stock options @ $0.30
675,000
Warrants @ $0.18
2,000,000
Warrants @ $0.57
714,495
Warrants @ $1.00
1,800,000
Agent’s options @ $0.85
360,000
Agent’s warrants @ $1.05
180,000
Fully Diluted Shares
15,556,415
Cash on-hand
$3,079,649
Fully diluted cash
$6,344,411
Management
John Lando, President/Director
Paul MacNeill, Director
John Fraser, PGeo, MSc Geology, BSc
Geophysics, Geological Consultant |
